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.
Popular Insurance Terms
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Rejection by an insurance company of an application for a policy. ...
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Life insurance policy with a death benefit that is paid only when the second of two insureds dies. No benefits are paid as long as both live or if just one lives. ...
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Coverage under which the face value, premiums, and plan of insurance can be changed at the discretion of the policy owner in the following manner, without additional policies being issued: ...
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