Accredited Advisor In Insurance - AAI

DEFINITION of 'Accredited Advisor In Insurance - AAI'

An advanced professional designation earned by insurance producers who complete a course of study and successfully take a series of three national examinations. AAI demonstrates a level of knowledge that is well above that of an insurance producer or agent, and confers on the holder a level of expertise that is very useful when marketing to sophisticated clients.

BREAKING DOWN 'Accredited Advisor In Insurance - AAI'

Like many advanced professional designations, AAI demonstrates a level of commitment and knowledge that is helpful to insurance producers in acquiring clients. The examinations are designed to test multiline knowledge, ethics and technical aspects of insurance that are products of broad industry experience.

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RELATED FAQS
  1. What is the average return on total revenue for the insurance sector?

    Learn about the three main segments of the insurance industry, and find out what the average return on revenues is for the ... Read Answer >>
  2. What is multiline insurance?

    The term "multiline insurance" can refer to multiline contracts and multiline insurers, so let's take a look at both variations. ... Read Answer >>
  3. Can your insurance company cancel your policy without notice?

    Learn about your rights as an insured when it comes to your insurance policy being canceled, including how to access your ... Read Answer >>
  4. What is reinsurance?

    Reinsurance occurs when multiple insurance companies share risk by purchasing insurance policies from other insurers to limit ... Read Answer >>
  5. What are some examples of when insurance bundling is a bad idea?

    Learn about situations where insurance bundling may not be a favorable option. Bundling insurance is often a good idea, but ... Read Answer >>
  6. Should I be worried about my insurance company?

    Yes, policyholders should also take a serious look at the financial stability of their current insurance company especially ... Read Answer >>
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