AIA Trust insurance programs are making efforts to assist AIA member insureds during this uncertain time. For example, New York Life Insurance Company has temporarily extended premium payment periods to ensure that impacted members continue to remain insured even if they are having difficulty making premium payments now. AIA members under age 50 can now […]
The Quarterly eNewsletter of The AIA Trust —April 2020
The Covid-19 pandemic has changed nearly everything in our lives and in architectural practice. There are some resulting insurance issues that are important to consider and address. Taking Charge of Your Insurance Premiums Professional liability policies are priced as a percentage of revenue. Given the current situation which may result in less business for your […]
One of the issues faced increasingly by design firms is whether they have a right to rely on the information provided by manufacturers of products, materials, and systems. The standard of care states that if the reliance of the design firm on a manufacturer’s information or representations is reasonable at the time of the design […]
If you’re relatively new to practice, you may think that you can deal with retirement planning much later. But it takes years to accumulate the savings you’ll need for an ideal retirement. It’s well worth spending time now to strategize how you’ll get from here to there – even if retirement is many years in […]
Many people assume that life insurance is only for married couples and those with kids. While it is true that all single people may not need life insurance, there are some important reasons to consider it.
Now that 2020 is here, the next Affordable Care Act (ACA) annual Open Enrollment period will begin November 1, 2020 and run through December 15, 2020. Please note that some states have more expansive open enrollment periods: https://www.healthinsurance.org/faqs/what-are-the-deadlines-for-obamacares-open-enrollment-period/. In addition, you may be eligible for a special enrollment period if you experience a qualifying life […]
With the start of the new year, the 2020 AIA Trust, Victor and CNA Component Grants Program guidelines are now available for your component to submit winning program ideas for grants up to $3,000 each. Submissions are due by March 31, 2020.