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| Dearborn | | Life insurance, specifically Term Life, | | Gross Premium: The net premium |
| Oceanside | | is arguably one of the best values in | | plus operating expenses, |
| Pensacola | | the entire financial services arena. | | commissions and other expenses. |
| Clinton Township | | Where else can you go and get | | |
| Huntington Beach | | hundreds of thousands of dollars in | | First Party Insurance: Insurance which |
| Bayside | | protection for literally pennies per | | applies to coverage for the insured's |
| Tulsa | | day? Rates for Term Life insurance | | own property or person. Contrast with |
| St. Paul | | remain at all-time lows, and now is the | | Third Party Insurance. |
| Erie | | time to lock in the best prices. | | |
| Williamsburg | | | | Brokerage Department: A department |
| Springfield | | People who are trying to quit | | of an insurer whose purpose is to |
| Portland | | smoking, for example, might be best | | deal with brokers in the placing of |
| Muskegon | | suited purchasing a shorter term (and | | insurance. |
| Corona | | then replacing it with a longer term | | |
| Springfield | | policy when they qualify for | | Buy-Back" Deductible: A deductible |
| Greenville | | non-tobacco prices). | | which may be eliminated for an |
| Decatur | | | | additional premium in order to |
| Fullerton | | Everyone has different needs, and | | provide "first-dollar" coverage. |
| Overland Park | | not one size fits all when it comes to | | |
| Fort Collins | | term life insurance. While it may make | | Submitted Business: Applications for |
| Amarillo | | sense for people in their 30s and 40s | | insurance submitted to an insurer but |
| Venice | | to secure a 20-year term length, a | | not yet acted upon by it. |
| Stockton | | 10-year term might be more | | |
| Vancouver | | appropriate for someone nearing | | Notice To Company: Written notice to |
| Tallahassee | | retirement. | | an insurer of the occurrence of an |
| Fort Worth | | | | event which a claim is to be based. |
| Council Bluffs | | While some companies raise their | | |
| St. Paul | | prices based on your actual age, | | Not Taken: Policies applied for and |
| Fort Wayne | | most companies increase the price of | | issued but rejected by the proposed |
| Grand Prairie | | their policies six months before your | | owner and not paid for. |
| Cherry Hill | | birthday. Its a term called Age | | |
| Durham | | Nearest in the industry, and that | | Independent Agent: An agent |
| Jacksonville | | half-year price increase could really | | operating as an independent |
| Muncie | | add up over a 20-year term policy. As | | contractor under the independent |
| Whittier | | above, the quicker you purchase your | | agency system. |
| Evanston | | policy the better. | | |
