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Insurance Terms

Acronyms - A

    A

  • A - A (or judgment) rates
  • AAI - Accredited Advisor in Insurance
  • AAI - Alliance of American Insurers
  • AAM - Associate in Automation Management
  • ACC - anti-concurrent cause provision
  • ACLS - Automobile Claim Law Specialist
  • ACR - adjusted community rating
  • ACV - Actual Cash Value
  • ADB - Accidental Death Benefit
  • AD&D - Accidental Death and Dismemberment
  • ADL - activities of daily living
  • ADR - Alternative Dispute Resolution
  • AGRIP - Association of Governmental Risk Pools
  • A&H - accident and health insurance
  • AI - additional insured
  • AIMA - as interest may appear
  • AL - Automobile Liability insurance
  • ALAE - allocated loss adjustment expense
  • ALE - additional living expense coverage
  • ALE - assumption of liability endorsement
  • ALOP - Advance Loss of Profit insurance
  • ANL - above normal loss
  • AOP - all other perils
  • AP - additional premium
  • AR - accounts receivable coverage
  • AR - All Risks coverage
  • AR - assigned risk
  • ARO - asset retirement obligation
  • ART - alternative risk transfer market
  • ART - annual (or yearly) renewable term
  • A&S - accident and sickness insurance (an older name for health insurance)
  • ASR - age/sex rates
  • ATIMA - as their interests may appear
  • AU - automobile insurance
  • AV - aviation insurance
  • AVR - Asset Valuation Reserve
  • AWW - average weekly wage

Acronyms - B

    B

  • BAP - Business Automobile Policy
  • BBB - banker's blanket bond
  • B&C - building and contents
  • BCAR - Best's Capital Adequacy Ratio
  • BCBS - Blue Cross and Blue Shield Plans
  • BCEGS - Building Codes Effectiveness Grading Schedule
  • BERP - Basic Extended Reporting Period
  • BFCGL - broad form comprehensive general liability endorsement
  • BFPD - broad form property damage endorsement
  • BGIC - Bullet Guaranteed Investment Contract
  • BI - Bodily Injury
  • BI - Bodily Injury liability
  • BI - Business Income coverage form
  • BI - Business Interruption
  • BI - Business Interruption coverage
  • BIC (or BI) - Business Income coverage
  • BIM - building information modeling
  • BM (B&M) - boiler and machinery insurance form
  • BOP - Businessowners Policy
  • BOW - breach of warranty clause
  • BPB - Blanket Position Bond
  • BPF - basic premium factor
  • BPL - Bankers Professional Liability
  • BPLI - Bankers Professional Liability insurance
  • BPPCF - Business and Personal Property Coverage Form
  • BR - builders risk policy
  • BTR - below-target-risk

Acronyms - C

    C

  • CAI - Commercial Auto Insurance
  • CAL - comprehensive automobile liability
  • CandF - cost and freight
  • CAP - capitation
  • CAR - contractors all risks insurance
  • CBRN - chemical, biological, radiological, nuclear weapon
  • CCC - care, custody, and/or control
  • CCIP - contractor controlled insurance program
  • CDW - collision damage waiver
  • CEN - confiscation, expropriation, nationalization
  • CEND - confiscation, expropriation, nationalization, and deprivation
  • C&F - cost and freight
  • CFC - controlled foreign corporation
  • CFU - customary freight unit
  • CGL - Commercial General Liability Insurance form
  • CGL - Commercial General Liability coverage part
  • CGL - Commercial General Liability Insurance policy
  • CHAMPUS - Civilian Health and Medical Program of the Uniformed Services
  • CICR - Captive Insurance Company Reports
  • CIF - cost, insurance, and freight
  • CIM - commercial inland marine
  • CIP - consolidated insurance program
  • CIP - controlled insurance program (consolidated insurance program)
  • CIPO - controlled insurance program for operations
  • CISR - Certified Insurance Service Representative
  • CLI - Commercial Liability Insurance
  • CLM - Commercial Lines Manual
  • CLU - Chartered Life Underwriter
  • CMP - commercial multiple peril
  • CNP - cotton named perils insurance
  • C/O - completed operations
  • COA - Certificate of Annuity
  • COA - Certificate of Authority
  • COB - Coordination of Benefits
  • COGSA - Carriage of Goods by Sea Act of 1936
  • COI - Certificate of Insurance
  • COLI - Company-Owned Life Insurance
  • COP - commercial output policy
  • COPE - construction, occupancy, protection, exposure
  • COR - cost of risk
  • CP - commercial property (forms)
  • CPCU - Chartered Property and Casualty Underwriter
  • CPI - Commercial Property Insurance
  • CPL - Comprehensive Personal Liability
  • CPP - Commercial Package Policy
  • CPP - Commercial Property Program
  • CPrL - Contractors Professional Liability
  • CR - Commercial Crime (forms)
  • CRT - contractual risk transfer
  • CSL - Combined Single Limit
  • CSV - cash surrender value
  • CSVLI - cash surrender value of life insurance
  • CV - cash value (life insurance) cash surrender value (CSV)