AAUG Insurance Company Ltd
AAUG Insurance Company Personal Lines
AAUG’s Personal Lines Division focuses on the expatriate market and third country nationals along with a variety of Travel Products. Expatriates and TCN’s are people who are temporarily living outside their home country on some form of a work related project. As a result, they don’t have access to normal life and health insurance products or may need travel insurance protection while travelling outside their country of residence. According to the October 11, 2007 edition of Time Magazine, time abroad -- especially in China and India -- is becoming as essential as an MBA for a top executive's resume'. The following piece can be found in Wikipedia, the free encyclopedia: Starting at the end of the 20th century globalization created a global market for skilled professionals and levelled the income of skilled professionals relative to cost of living while the income differences of the unskilled remained large. Cost of intercontinental travel had become sufficiently low, such that an employer not finding the skill in a local market could effectively turn to recruitment on a global scale. This has created a different type of expatriate where commuter and short-term assignments are becoming the norm, and are gradually replacing the traditional long term. Private motivation is becoming more relevant than company assignment. Families might often stay behind when work opportunities amount to months instead of years. AAUG provides life and health insurance products for the expat market throughout the Globe from its base of operations in the BVI. These products can be purchased through its distinctive network of agents and producers in various parts of the globe. In order to provide excellent service AAUG maintains an extensive network of hospital relationships on a global basis so its insured’s can benefit from not having to pay out of www.AAUG.com
pocket for any long-term medical stay. Along with the extensive network of hospitals AAUG has a global network of physicians, which will accept the AAUG Health Insurance Card without the need for reimbursement. This has all been designed so that the insured will not have to pay for services out of pocket. AAUG Insurance Company has created relationships with Air Evacuation Companies in the event that one of the insured’s of AAUG suffers from a traumatic accident. These companies have planes strategically located throughout the globe for the purpose of reaching critically injured people. These people are then flown to the nearest Trauma Center that can provide the necessary care for the injured person. This is another way that AAUG plans ahead to care for the needs of an insured. Visit for more information – www.AAUG.com
www.AAUG.com