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History of the AICPA Member Insurance Program​​​​

The AICPA Member Insurance Programs Celebrating over 70 Years of Service 1947-2018

Since the introduction of the first Group Life Insurance Plan in 1947, the AICPA Member Insurance Programs has evolved to meet the ever-expanding insurance needs of members, their families, and their employees. Combining rich tradition and a strong history of integrity, the AICPA Member Insurance Programs offers the experience and commitment to help protect your future.

Program Milestones
For over 70 years, the AICPA Insurance Programs have grown from one insurance plan into a multi-product insurance solution, offering 15 insurance programs. Important Program dates include:

• 1947
  • AICPA Insurance Trust established with the introduction of the Group Life Insurance Plan for CPA firms.
• 1957
  • CPA Plan (life insurance) inaugurated for individual CPAs.
• 1967
  • Accountants Professional Liability Program introduced for CPA firms.
• 1978
  • Long Term Disability Income Plan established for individual AICPA members.
• 1987
  • Spouse Life Insurance introduced under the CPA Plan.
• 1988
  • Personal Liability Umbrella (PLUS Plan) introduced for individual CPAs.
• 1991
  • Dependent Child Life Insurance introduced under the CPA Plan.
• 1993
  • Long Term Care Plan inaugurated for AICPA members.
  • Auto / Homeowners Insurance Programs introduced.
• 1996
  • Select Status introduced under the CPA Life Insurance Plan.
  • The AICPA Medicare Supplement Program first offered to AICPA members and their spouses.
• 1998
  • Group Variable Universal Life Insurance Plan (GVUL) introduced*.
  • Catastrophe Major Medical Insurance Program introduced.
• 1999
  • Employment Practices Liability Insurance Program introduced for CPA firms.
• 2002
  • Commercial Property and Liability Program introduced to firms.
  • AICPA Medicare Supplement Program introduced the AICPA Parents Plan coverage for eligible parents.
• 2006
  • Preferred Status Rates introduced under the Group Variable Universal Life Insurance Plan (GVUL)*.
• 2009
  • Level Premium Term Life Insurance Plan (LPT) introduced.
• 2010
  • AICPA Insurance Trust introduced the Online Self-Service Center for particpants to manage their life and disability plans online.
• 2012
  
• Group Insurance Elite for large firms introduced.
  
• 2013
  
• Preferred Status rates introduced under the CPA Life Insurance Plan for members 50 and over.
  
• Business Overhead Expense introduced.
• Partial Disability with zero-day residual benefits introduced uner the Long-Term Disability Insurance Plan.
• Long Term Disability introduced under Group Elite.
• 2016
  
• AICPA became an International Association with a joint venture with The Chartered Institute of Management Accountants (CIMA).
  

 Click here for IMPORTANT product disclosure information

*Group Variable Universal Life (GVUL) coverage is issued by The Prudential Insurance Company of America and distributed through Prudential Investment Management Services LLC ("PIMS"). Both are Prudential Financial companies, Newark, NJ.​

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