Life Office Management Association (loma)
Definition of "Life office management association (loma)"
Organization that develops and administers educational materials and examinations for the life insurance industry. It awards the fellow, life management institute (FLMI) designation to individuals who pass a series of 10 national life and health insurance examinations on insurance, accounting, marketing, information systems, finance, law, management, and computers.
Popular Insurance Terms
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Retirement plan in which money is currently allocated to fund an employees' pension. ...
Benefits payable under any insurance policy or annuity contract. ...
Percentage of a life insurance company's policies in force at the beginning of the year that are no longer in force at the end of the year. This ratio is critical because it indicates the ...
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