A
A&H
Accident & Health
ACE

Agent Continuing Education
ACH
Bank Draft Account
ADB
Accidental Death Benifit (Rider on a life policy)
ADD ON
Adding new benefits to an existing policy - (not to be confused with Bill With)
AGENT
Any Person authorized to transact insurance on behalf of American Income
ALP
Annualized Life Premium
ALT
Application submitted without any money or production to the agent. Trial Applications are ALT status.
ALT - DECLINE
Application is deemed possibly uninsurable before it is sent to Waco. Underwriting will review to see if the application can be underwritten.
ALT - EXPEL
Application is to be withdrawn/cancelled and the money is to be returned.
AP
Annualized Premium(All Policies)
APS
Attending Physician Statement (Medical Records).
B
BAT

Basic Agent Training
BILL WITH
Bill this policy with an existing policy. Not to be confused with ADD ON.
C
C.C
Common Carrier
(Any transportation operated by a licensed professional, on which payment is exchanged for it's use)
CABG
Coronary Artery Bypass Graft ( Heart Bypass)
CAD
Coronary Artery Disease
CAS
Consolidated Agency System
COD
Cash On Delivery. Amount required to be collected to deliver policy.
CODE
An Agent who has $6000 of ALP in force
CODED
A policy assigned to an agent for the purpose of payment of commissions
COPD
Chronic Obstructive Pulmonary Disease
CWA
Cash with Application
CVA
Cerebrovascular Accident (Stroke)
D
DCA
Decline of Trial Application with Money
DCL
Decline
DEL
Decline or Incomplete of Trial Application
DM
Diabetes Mellitus
E
ETOH
Alcohol Exam Paramedical exam requested by underwriting to evaluate an applicant's health. Height, Weight, and blood pressure are measured. A urine specimen is always collected. Some applicants require additional tests such as an EKG or Blood sample.
F FACE
Policy Death Benefit
G
GA
General Agent Second Level of management
GROSS TO NET ALP
submitted less policies not accepted by client
H HBP
High Blood Pressure (Hypertension)
HX History
I
IDDM
Insulin Dependent Diabetes Mellitus
IN FORCE
A policy that is on active status or has accepted a non-forfiture option
INC Incomplete
J
K
L
L-2
Unsigned amendment required to deliver policy
L-86
Signed amendment required to deliver policy
LFT
Liver Function Test
M
MAT
Managing Agent Training
MBD
Monthly Bank Draft
MED
Medical Exam (see exam)
MGA
Master General Agent Third Level of Management
MI Myocardial Infarction (Heart Attack)
N
NTO
Not taken out. Delivery requirement was not received. All money collected has been returned to the applicant.
O
Oral Test Test the agent can perform at the time of the application to prevent the need for an examination. Oral tests can detect Cotinine (nicotine), Cocaine and HIV.
P
PERSISTENCY
The percentage of policies that remain in force
PML
Policy Modification Letter. Attached to all modified policies. This is a description of the modification for the agent to use in delivering the policy.
POL-MOD
Policy Modifications (Rated & Amended Policies)
PRN
As Needed
PTCA
Percutaneous Transluminal Coronary Arteriography ( Angioplasty )
PVD
Peripheral Vascular Disease
Q
R
RE-ALT
Trial Application that has been resubmitted
RES
Resubmit
RESCIND To take away a contract. This is only done when it is determined that material information was not disclosed on the original application.
RETENTION
Retention is a ratio of how much submitted business pays through the 4th month. It is a rolling evaluation period that is determined by going back 6 months from current month, and the submit months being evaluated are the 6 months prior to that month. For example, April 2002 AP&P reports reflect an evaluation period of May 2001 to October 2001. Any application submitted during those months is being evaluated to determine if premiums were paid through the 4th month. If so, there is a positive impact to retention. If not, there will be a negative impact. Policies can be reinstated to improve retention, however, the positive impact is to the original writing agent even if recoded at time of reinstatement.
RGA
Regional General Agent Fifth Level of management
RPT
Rate Per Thousand
RX
Medication
S
SA
Supervising Agent First Level of management
SGA
State General Agent Forth Level of Management
SUB
Submit Status
T
TIA
Transient Ischemic Attack (mini - stroke)
TX Treatment
U
UMH
Another name for APS (medical records)
V
W
WNL
Within Normal Limits
WTH
Withdrawn
X
Y
Z