The National Insurance and Financial Advisers Association (NAIFA) is a trade organization for insurance professionals and financial advisors.
NAIFA works on behalf of its members to promote an enabling regulatory environment, provide professional education services, and ensure ethical professional conduct for insurance and financial advisors.
NAIFA represents insurance professionals in all 50 states and has at least one local branch in each state, as well as in the District of Columbia. Its main offices are located in Falls Church, Virginia.
The organization provides its members with sales training, networking opportunities and other tools to help them succeed and grow their practice.
In addition, the organization also lobbies on Capitol Hill to promote favorable legislation for the insurance and financial advisory industry.
Performance Based Management (ABM) is a means of analyzing a company’s profitability by looking at every aspect of its business to determine its strengths and weaknesses.
ASO-based self-financing plans are common among large firms because they can spread the risk of costly claims over a large number of employees and dependents.
Comprehensive loss insurance is designed to protect an employer that is self-funding its employee health plan from higher-than-expected claims payments.
A collision clause between ships is a clause in an insurance policy that states that both ship owners must share liability for a collision between ships if the wreck was due to negligence.
Share capital is the number of ordinary and preferred shares that the company has the right to issue and which are accounted for on the balance sheet as part of share capital.
Carriage and insurance paid until when the seller pays the freight and insurance to deliver the goods to the party appointed by the seller at the agreed place.
The cost of capital represents the return that a company must earn to justify the cost of a capital project such as buying new equipment or constructing a new building.