Glossary

The American Trucking Associations, Inc. (ATA), is a national trade association representing the interests of the trucking industry.

America's Health Insurance Plans (AHIP) is a national trade association headquartered in Washington, DC.

Amount at risk refers to the protection element of a life insurance policy as calculated by subtracting any cash value from the face amount.

Amount subject is the value that may reasonably be expected to be lost in a single fire or other casualty, depending on the protection and construction of the risk and the distribution or concentration of values.

The A.M. Best rating is an evaluation published by A.M. Best Company of all life, property, and casualty insurers domiciled in the United States and US branches of foreign property insurer groups active in the United States.

The analytic risk modeling method is a type of risk model where solutions can be determined "in closed form" by solving a set of equations.

Animal mortality insurance is a form of life insurance for livestock, zoological, and domesticated animals.

The anniversary date is the anniversary of the policy inception date in policies with a term that exceeds 1 year.

The anniversary rating date is, in some types of insurance that are subject to experience rating, such as workers compensation insurance, the date that governs the application of rates and experience modifiers when a prior policy has been canceled midterm.

An annual aggregate deductible is a deductible-type program under which the insured agrees to reimburse its insurer for its own losses during the policy year up to the agreed upon annual aggregate amount.