Accredited Advisor In Insurance (AAI)

Definition of "Accredited advisor in insurance (AAI)"

professional designation earned after the successful completion of three national examinations given by the insurance institute of America (IIA). Covers such areas of expertise as insurance production (insurance sales, exposure identification, legal liability, personal lines insurance, commercial lines insurance); multiple-lines insurance production; and agency operations and sales management. Program of study is recommended for individuals who have production responsibilities.

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Popular Insurance Terms

Account established and administered by a state agency to finance a mandatory insurance program, for example, workers compensation insurance. ...

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Evidence of a temporary contract obliging a life or health insurance company to provide coverage as long as a premium accompanies an acceptable application. This gives the company time to ...

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Addition to a basic insurance policy to further explain coverages, add or exclude perils and locations covered, and add or delete positions covered. For example, an endorsement to the ...

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