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| Canton | | Healthy people have the best | | Overlapping Insurance: Coverage |
| Youngstown | | mortality risks and thus are much | | from two or more policies or insurers |
| Bronx | | cheaper for companies to insure. This | | which duplicates coverage of certain |
| Irving | | translates into lower rates for the | | risks. |
| Salem | | Super Preferred customer than | | |
| Long Beach | | someone with higher risk factors such | | Exclusion: A contractual provision that |
| Franklin | | as a heart condition, cancer or | | denies coverage for certain perils, |
| Warwick | | diabetes. Conversely, if you were | | persons, property, or locations. |
| Tyler | | unhealthy when you acquired your | | |
| Bayside | | policy, and your health has now | | Insolvent Insurer: An insurer which is |
| Owensboro | | improved, it might be time to shop for | | unable to meet its financial |
| Providence | | a new policy, as your rates are likely | | obligations. |
| Des Moines | | to be lower. | | |
| Fremont | | | | Legislative Risk: A risk faced by |
| Ocala | | While some companies raise their | | investors whereby changes in tax |
| Reading | | prices based on your actual age, | | laws can result in adverse effects on |
| Portland | | most companies increase the price of | | the individual's investment results. |
| Palo Alto | | their policies six months before your | | |
| Tallahassee | | birthday. Its a term called Age | | Notice To Company: Written notice to |
| Irving | | Nearest in the industry, and that | | an insurer of the occurrence of an |
| Springfield | | half-year price increase could really | | event which a claim is to be based. |
| Aurora | | add up over a 20-year term policy. As | | |
| Las Vegas | | above, the quicker you purchase your | | Divided Cover: The placing of |
| Waco | | policy the better. | | insurance on a given subject or |
| Long Beach | | | | object with more than one insurer. |
| Wichita | | People who are trying to quit | | |
| New Orleans | | smoking, for example, might be best | | Open Rating: A system whereby a |
| West Palm Beach | | suited purchasing a shorter term (and | | state allows an insurer to use rates |
| Fullerton | | then replacing it with a longer term | | without prior approval. |
| Newark | | policy when they qualify for | | |
| Venice | | non-tobacco prices). | | Claim Expense: The expense of |
| Fremont | | | | adjusting a claim, such as |
| Harlingen | | Everyone has different needs, and | | investigation and attorneys' fees. It |
| Palm Desert | | not one size fits all when it comes to | | does not include the cost of the claim |
| Billings | | term life insurance. While it may make | | itself. |
| Grand Rapids | | sense for people in their 30s and 40s | | |
| Oklahoma City | | to secure a 20-year term length, a | | |
| Ocala | | 10-year term might be more | | |
| Las Vegas | | appropriate for someone nearing | | |
| Daytona Beach | | retirement. | | |
