Accounts Receivable Insurance: This is insurance held against any losses incurred from revenue that can’t be collected by a company due to records being destroyed in an insured event. Records can be electronic or on paper.

Act of God: A term used to describe an unpreventable event that was not caused directly by an individual; these events usually cause damage but are sometimes not covered by insurance. Examples include earthquakes, cyclones and other natural disasters.

Actual cash value (ACV): The value of property that has been lost or damaged worked out by an insurer based on information given by a policyholder. Market value is applied on a like for like basis less depreciation. The insured person may usually choose which cover they prefer ACV or replacement costs.

Adjuster (also known as a Loss Adjuster): Someone who aid either the insurer or sometimes the insured person in settling a claim. Independent adjusters represent the insurance company, public adjusters work on behalf of the insured party. Both charge a fee for their services.

Aggregate limit: Is the maximum amount an insurer will pay in any one policy period under a policy.

All risks: A rarely used property policy term which insurers once used to promise property coverage against "all risks of direct physical loss" in contrast to policies that only covered specific, named perils. The word "all" was too vague and left the term open to interpretation hence was replaced with the phrase ‘risk of physical loss’.

Appreciation: Like depreciation, appreciation is the increase in value of property over time. It can depreciate in the same way.

Avoidable Consequences: An event that could have been avoided which was caused by negligence and a lack of care by an individual.