American Institute For Property And Liability Underwriters
Accrediting body for the CPCU (Chartered Property and Casualty Underwriter) designation. The institute provides undergraduate and continuing education in property and casualty insurance courses on a correspondence basis. Courses include risk management and insurance, commercial property risk management and insurance, commercial liability risk management and insurance, personal risk management and insurance, insurance company operations, legal environment of insurance, management, accounting, finance, and economics. Located in Malvern, Pennsylvania.
Popular Insurance Terms
Automobile insurance plan, debated for a number of years, that is financed through a surcharge of a given number of cents per gallon (estimates run from 30 to 40 cents) to be paid by the ...
Individual receiving medical treatment who is not required to be hospitalized overnight. ...
Accounting method used to reduce income taxes on distributions from qualified pension or retirement plans. Ten-year averaging was repealed by the tax reform act of 1986 but is still ...
Means of projecting the costs of pension plans on a level basis over a specified future period of time. The actuarial value of each employee's future benefits to be paid at retirement is ...
Rule that provides four requirements for monitoring the independent agent distribution system: The insurance company must be involved in the training of the independent agent. The ...
Work-related accident. Occupational accidents that injure employees are the responsibility of the employer and are covered by workers compensation insurance. In recent years, the term ...
Percentage of income required by a retiree to maintain a desired standard of living during the retirement years. ...
Same as term Associate in Risk Management: professional designation earned after the successful completion of three national examinations given by the insurance institute of America (IIA). ...
Effort by an individual to continue to receive disability income benefits by taking a continuing sickness or injury. ...

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