Oil & Petrochemical

AIG’s Oil and Petrochemical cover provides comprehensive coverage for the complex challenges presented by the O&P risks as well as related hydro carbon industries.

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Type of Risk

O&P underwrites all types of onshore hydro carbon risks worldwide inclusive of

Pipelines

Gas and Crude Oil Processing Plants

Terminals and Tank Farms

Refineries

Petrochemicals

Ammonia Plants

LNG and LPG Plants

All other Hydro Carbon Plants including gas to liquids

Coverage

Physical Damage

Business Interruption

Contingent Time Element covering key customers and suppliers

Demolition Costs

Denial of Access

Ingress Egress

Increase cost of Construction mandated by ordinance

Interruption by Civil Authority

Miscellaneous construction and revamp

Service Interruption

Other exposures unique to your facilities