This Insurance Glossary of Terms is produced and maintained by the National Alliance Research Academy. 
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Sole Proprietorship

A business organization in which a sole proprietor is entitled to all profits, and will bear all losses, generated by the business and free of the regulatory reporting required of other business organizations.

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Welcome To the Alliance!

The National Alliance for Insurance Education & Research is now the Risk & Insurance Education Alliance, or simply “The Alliance”.  For more details, please read our Press Release.