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Page History: Common Acronyms

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Page Revision: 2013/01/18 10:28

Acronym	Definition	Key Words
MSS	Money Settlement System
MSD	Money Settlement Detail
FAR	Financial Activity Reporting
APP	Application	New Business
SUB	Subpayment	Additional Premium
COM	Commissions
IGO	In Good Order
NIGO	Not in Good Order
PVF
PFF
PNF
EFT	Electronic Funds Transfer
AD&D	Accidental Death and Dismemberment
ADL	Acitivites of Daily Living
ASO	Administrative Service Only contract
APL	Auto Premium Loan option
CON	Coordination of Benefits
ART	Annual Renewable Term Insurance
COLA	Cost of Living Adjustment
DD	Dread Disease Benefiit
EIA	Equity Indexed Annuity
FPDA	Flexible Premium Deferred Annuity
GI	Guaranteed Insurability Benefit
GIO	Guaranteed Insurability Option
GMAB	Guaranteed Minimum Accumulation Benefit
GMDB	Guaranteed Minimum Death Benefit
GMIB	Guaranteed Minimum Income Benefit
GWMB	Guaranteed Withdrawal Minimum Benefit
HMO	Health Maintenance Organization
IRA	Individual Retirement Arrangement
LTC	Long Term Care Coverage
MVA	Market Value Adjusted
M & E	Mortality & Expense
NAIC	National Association of Insurance Commissioners	www.NAIC.org
PPDF	Protected Portable Document Format
ERISA	Employee Retirement Income Security Act
CPI	Consumer Price Index
POS	Point of Sale or Service
PPO	Preferred Provider Org
PPFA	Product Profile for Annuities
PPFL	Product Profile for Life
IRI	Insured Retirement Institute
SPIA	Single Premium Immediate Annuity
SPDA	Single Premium Deferred Annuity
DPFA	Distributor Profile for Annuities
AIR	Assumed Investment Rate
CD	Certificate of Deposit
FDIC	Federal Deposit of Insurance Corporation
TSA	Tax Sheltered Annuity
TOA	Transfer of Asset
POA	Power of Attorney