AIM


Questions About Debentures

Q. Does a "unit" (debenture) have to be purchased in order to obtain insurance from AIM?
 
A. No. Effective May 15, 2000, AIM no longer requires new insureds to purchase a unit in order to meet one of the requisites of obtaining insurance. The purchase of "units" (debentures) was initially required to capitalize AIM and continued to insure that it maintained an adequate capital base.  After ten years of operation, AIM has achieved a very strong capital base and terminated the requirement for new insureds to purchase units. All debentures were redeemed in May 2007.

 

 

 

 

Attorneys Insurance Mutual of the South, Inc., 
Risk Retention Group

200 Inverness Parkway
Birmingham, Alabama 35242
Telephone 205-980-0009
Toll Free 800-526-1246
Fax 205-980-9009

2013 Attorneys Insurance Mutual of the South, Inc., Risk Retention Group