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| Naperville | | The quickest and easiest way to | | Authorized Insurer: An insurer |
| Lowell | | shop for new insurance is by | | authorized by the state to transact |
| Pompano Beach | | comparing rates at InsWebs online | | business in that state for specific |
| Macon | | marketplace. If you do it the | | types of insurance. |
| San Francisco | | old-fashioned way (by calling or | | |
| Salem | | visiting multiple agents or insurance | | Admitted (or Allowed) Assets: Assets |
| Lansing | | companies) it could take up a huge | | whose values are permitted by state |
| Canton | | chunk of your time, which no one | | law to be included in the annual |
| Portland | | wants or needs. By completing | | statement of the insurer. |
| Huntington Beach | | InsWebs online application, you will | | |
| Muncie | | have rates to compare to your old | | Short-Term Policy: A policy written for |
| Durham | | ones within minutes! | | a period of less time than is normal for |
| Seattle | | | | that type of policy. |
| Toledo | | Individuals who have 30-year | | |
| Mansfield | | mortgages might want to consider a | | Leasehold: An agreement which |
| Fresno | | 30-year term to ensure that the house | | gives a person the right to use and |
| Kingsport | | is protected throughout the period of | | occupy property. |
| Salem | | the loan. | | |
| Sterling Heights | | | | Multi-Peril Policies: Policies which |
| Oxnard | | The best time to switch policies is | | cover a number of perils, such as fire, |
| Peoria | | within one month of receiving your | | burglary, and liability, in a single |
| Cedar Rapids | | policy renewal from your current | | contract. |
| Union | | insurer. You can typically cancel your | | |
| Fresno | | policy without any fees or penalties if | | Absolute Assignment: Assignment by |
| Roanoke | | you act within this time period. | | a policy owner of all control of and |
| Schaumburg | | | | rights in the policy to a third party. |
| San Diego | | Everyone has different needs, and | | |
| Hampton | | not one size fits all when it comes to | | Provisions: Statements contained in |
| Savannah | | term life insurance. While it may make | | an insurance policy which explain the |
| Worcester | | sense for people in their 30s and 40s | | benefits, conditions and other |
| Metairie | | to secure a 20-year term length, a | | features of the insurance contract. |
| Honolulu | | 10-year term might be more | | |
| Toledo | | appropriate for someone nearing | | Net Retention: The amount of |
| Chula Vista | | retirement. | | insurance that a ceding company |
| Ventura | | | | keeps for its own account and does |
| Arlington | | | | not reinsure. |
