Association Of Insurance Management

What Does Association Of Insurance Management Mean?

The Association of Insurance Management (AIM) is an organization that provides insurance coverage for the activities of non-profit educational institutions and associated groups, such as parents and teachers’ organizations. It currently has 700 institutional members across the United States.

Insuranceopedia Explains Association Of Insurance Management

AIM can be considered a specialty insurance group due to its focus on a niche market: community schools and parent-teacher organizations in the United States. Their services range from providing insurance for small businesses within schools, such as concession stands, to offering liability policies for teachers. Schools and PTAs that want a broader picture of what their coverage should include can review the types of insurance a non-profit organization needs before deciding which AIM products to apply for.

To obtain coverage, a school organization simply needs to apply online or request an application from AIM’s website. The organization must specify the activities it wants covered, and AIM will then determine the premium cost based on those details. Teacher liability is one of the most common pieces of this coverage, and it falls under the same category as a standard general liability insurance policy that covers bodily injury and property damage claims against the organization.