What We Do
You never know when something might happen. That’s what insurance is all about. Ask your AAI Professional about additional medical coverage for your auto insurance. It is not costly and in the event of a really bad situation may well be what you need. Health insurance may not cover all the medical expense associated with some injuries. A few pennies can give you the peace of mind you need. You may be insured but are you protected?
AAI has represented the top insurance issuers in the United States. All are triple “A” rated and financially strong. No third rate companies are sold by AAI. Ask your AAI Professional about their strength.
Superior Claim Service
NEW CAR REPLACEMENT
If your new car gets totaled in the first three model years, you may be able to get a totally new car - not just a check for the depreciated value.
High Ethical Standards
Nearly three decades of service in the same community and not one complaint from customers. Well respected in the community, sponsors of little league, Boy Scouts, Girl Scouts and many other community activities.
Prepare For The Future
The choices you make today can provide a brighter future for your family. Discover how life's milestones and events can change your financial plans, and why life insurance, retirement savings, college savings and supplemental health insurance can help you protect the ones you love.
Quality motorcycle insurance protects more than your bike and the things you've added to it. It protects your freedom to take to the road and do what you dream about all winter.
Got a Boat? Get a Quote.
Our boat insurance is packed with ways to protect what you care about - even when you're 100 nautical miles out. Talk to an AAI Professional today!
If AAI can’t match or beat the competition’s price for the same coverage, AAI will give you $10.00!
Auto insurance protects the policyholder against financial loss in the event of an incident involving a vehicle they own, such as in a traffic collision.
Coverage typically includes:
- Property coverage, for damage to or theft of the car;
- Liability coverage, for the legal responsibility to others for bodily injury or property damage;
- Medical coverage, for the cost of treating injuries, rehabilitation and sometimes lost wages and funeral expenses.
Most countries, such as the United Kingdom, require drivers to buy some, but not all, of these coverage’s. When a car is used as collateral for a loan the lender usually requires specific coverage.
Property insurance provides protection against most risks to property, such as fire, theft and some weather damage. This includes specialized forms of insurance such as fire insurance, flood insurance, earthquake insurance, home insurance, or boiler insurance. Property is insured in two main ways—open perils and named perils. Open perils cover all the causes of loss not specifically excluded in the policy. Common exclusions on open peril policies include damage resulting from earthquakes, floods, nuclear incidents, acts of terrorism, and war. Named perils require the actual cause of loss to be listed in the policy for insurance to be provided. The more common named perils include such damage-causing events as fire, lightning, explosion, and theft.
Life insurance provides a monetary benefit to a decedent's family or other designated beneficiary, and may specifically provide for income to an insured person's family, burial, funeral and other final expenses. Life insurance policies often allow the option of having the proceeds paid to the beneficiary either in a lump sum cash payment or an annuity. In most states, a person cannot purchase a policy on another person without their knowledge.
Annuities provide a stream of payments and are generally classified as insurance because they are issued by insurance companies, are regulated as insurance, and require the same kinds of actuarial and investment management expertise that life insurance requires. Annuities and pensions that pay a benefit for life are sometimes regarded as insurance against the possibility that a retiree will outlive his or her financial resources. In that sense, they are the complement of life insurance and, from an underwriting perspective, are the mirror image of life insurance.
Certain life insurance contracts accumulate cash values, which may be taken by the insured if the policy is surrendered or which may be borrowed against. Some policies, such as annuities and endowment policies, are financial instruments to accumulate or liquidate wealth when it is needed.
In many countries, such as the US and the UK, the tax law provides that the interest on this cash value is not taxable under certain circumstances. This leads to widespread use of life insurance as a tax-efficient method of saving as well as protection in the event of early death.
In the US, the tax on interest income on life insurance policies and annuities is generally deferred. However, in some cases the benefit derived from tax deferral may be offset by a low return. This depends upon the insuring company, the type of policy and other variables (mortality, market return, etc.). Moreover, other income tax saving vehicles (e.g., IRAs, 401(k) plans, Roth IRAs) may be a better alternatives for value accumulation. Except those don’t have life insurance and there is often a penalty for withdrawal of funds. These decisions are the reasons why our Professional staff can be of service.
Term Life Insurance is exactly what the term means. The price is less because the savings part of the premium is not part ot the equation. Whatever the term, when renewal is due physical exam is usually required.