AAI study guide
AAI · Work through your exam, one topic at a time.
The Accredited Adviser in Insurance (AAI) is a professional designation offered through The Institutes Knowledge Group, the education arm of the risk management and insurance industry's leading credentialing body. The Institutes currently lists the AAI within the "Early Career" grouping of its designation catalog, positioning it as a foundational credential for people building a client-facing career in agency and brokerage work rather than as an advanced technical or executive credential. AAI study is organized around three practice areas: personal lines insurance, commercial lines insurance, and agency operations and management - the mix of product knowledge and business-management skill an adviser needs to counsel clients and help run an agency. Candidates typically pursue the designation while working, using The Institutes' online course materials and exams to build account-level expertise they can apply immediately. The AAI study guide has 3 sections and about 1,067 words.
01Personal Lines Insurance: Form Architecture, Valuation, and Recurring Traps
Personal lines questions reward knowing the structure before the details. For homeowners, memorize the six coverage parts - A Dwelling, B Other Structures, C Personal Property, D Loss of Use, E Personal Liability, F Medical Payments to Others - and which perils each form insures.
339 words, about 2 min02Commercial Lines Insurance: Triggers, Limits, and Exclusions That Decide Claims
Commercial lines questions cluster around three families: the Commercial General Liability (CGL) form, commercial property with business income, and commercial auto/workers compensation. Start with the CGL trigger: the occurrence form covers injury or damage that takes place during the policy period whenever the claim is later filed; the claims-made form covers claims first made during the policy period, subject to a retroactive date and an extended reporting period.
348 words, about 2 min03Agency Operations and Management: Authority, Fiduciary Duty, and Perpetuation
Agency operations questions test three things: the legal relationship among agency, insurer, and client; the workflows that create or destroy errors-and-omissions (E&O) exposure; and management of the business itself. Start with authority.
380 words, about 2 min