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AAI is an acronym for which type of insurance?
- Alien Abduction Insurance:AAI stands for "Alien Abduction Insurance." This type of insurance, also called UFO insurance, offers coverage in the event you or another covered individual become the target of alien abductors (termed "non-human life forms from another planet" in most policies.) There are few companies that offer this type of coverage, and those who do generally offer the policies as a gag gift or promotional gimmick. In theory, it works this way: you purchase an AAI policy the same way you buy any other policy. You pay set premiums, and the insurance company will provide monetary compensation equal to the amount of coverage listed on the policy should you fall victim to an abduction by aliens. Source: TheBalance.com
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