Associate In Claims Aic

Definition of "Associate in claims (aic)"

Professional designation earned after the successful completion of four national examinations given by the insurance institute of America (IIA). Covers such areas of expertise as the claims person and the public, principles of property, liability claims adjusting, property insurance adjusting, and liability insurance adjusting. Program of study is recommended for experienced adjusters, claims supervisors, and examiners who have in-depth knowledge of the claims area but have not undertaken formal study of the claims principles.

Search Real Estate Glossary

Related Real Estate Glossary terms

Broker (real Estate)

Person licensed by a state to perform real estate activities listed for compensation on behalf of bo ...

Asset Transfer

Direct payment to a new custodian for a retirement plan. This payment is not a taxable event since i ...

Set-off

...

Insured Mortgage

Same as term insured loan: A loan indemnified against default by the borrower. Such loans may be a m ...

Balance Sheet Reserves

Amount expressed as a liability on the insurance company's balance sheet for benefits owed to policy ...

Land Value Map

Map delineating property values over a designated area. Land value maps are usually developed by a g ...

Related Real Estate FAQ

What Is An Agent?

A person authorized to work on anothers behalf-for instance, a person authorized to sell or buy a ho ...

What Is An Overall Debt Ratio?

An overall debt ratio is the percentage of your overall debt (housing payments plus any other long-t ...

What Is An Easement?

An easement is the right given by the landowner to use the property. ...

What Is A Seller Disclosure?

A seller disclosure is a form required by most states; the seller uses this form to disclose any kno ...

What Is A Buyer’s Agent?

An agent hired by buyers to help them find and negotiate the purchase of a home. This agent works fo ...

What Type Of A Home Is A Condominium?

A condominium is a form of home ownership in which the owner owns the airspace within the walls but ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews

Agents join here

Add our widget on your Website

Real Estate Advice

Is it better to buy or sell a home first Rent or Buy - the pros and cons Mortgage Loan Types Should you Buy a Home with Cash? How is Square Footage Determined?

FAQ

What is depreciation? What does an appraisal mean? What is an assessed value? What do I need to know about Whole Life Insurance? What is a broker?