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| Duluth | | Life insurance, specifically Term Life, | | Agency Contract (or Agreement): The |
| Towanda | | is arguably one of the best values in | | document which establishes the legal |
| Winchester | | the entire financial services arena. | | relationship between an agent and an |
| Jefferson | | Where else can you go and get | | insurer. |
| West Conshohocken | | hundreds of thousands of dollars in | | |
| College Park | | protection for literally pennies per | | Nonassignable: A policy that the |
| Bullhead City | | day? Rates for Term Life insurance | | owner cannot assign to a third party. |
| Rhinelander | | remain at all-time lows, and now is the | | Most policies are nonassignable |
| Jonesboro | | time to lock in the best prices. | | unless approval is given by the insurer. |
| North Augusta | | | | |
| Danville | | Make sure you have a new policy in | | You/Your: These words are used to |
| Jefferson | | place before you cancel your old one | | refer to the named insured in many of |
| Lufkin | | to avoid a lapse in coverage. This will | | the modernized/personalized policy |
| Cayce | | also prevent having to figure out the | | forms. |
| Austell | | amount of any unused premium that is | | |
| Paducah | | due to you from your old insurance | | Time Limits: The limits of time within |
| Manhattan Beach | | company, or having to spar with your | | which notice of a claim and proof of a |
| Milledgeville | | agent about exactly when your policy | | loss must be submitted. |
| Del Mar | | was cancelled and how much they | | |
| Grants Pass | | owe you. | | Effective Date: The date on which the |
| Mattoon | | | | protection of an insurance policy or |
| Lexington Park | | While some companies raise their | | bond goes into effect. |
| Brigham City | | prices based on your actual age, most | | |
| Benton | | companies increase the price of their | | Exclusion: A contractual provision that |
| Sun City Center | | policies six months before your | | denies coverage for certain perils, |
| Malvern | | birthday. Its a term called Age | | persons, property, or locations. |
| Ashland | | Nearest in the industry, and that | | |
| Sarasota | | half-year price increase could really | | Theory of Probability: The |
| Bennington | | add up over a 20-year term policy. As | | mathematical principle upon which |
| Greenville | | above, the quicker you purchase your | | insurance is based. |
| Gallatin | | policy the better. | | |
| Ebensburg | | | | Agency Company: An insurance |
| Keyser | | Everyone has different needs, and not | | company that produces business |
| Fayetteville | | one size fits all when it comes to term | | through an agency network. Contrast |
| Columbus | | life insurance. While it may make | | with Direct Writer. |
| West Middlesex | | sense for people in their 30s and 40s | | |
| Safford | | to secure a 20-year term length, a | | |
| Clarksdale | | 10-year term might be more | | |
| Berlin | | appropriate for someone nearing | | |
| Menlo Park | | retirement. | | |
