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| Arlington | | Life insurance, specifically Term Life, | | Loss Adjustment Expense: The cost |
| Alameda | | is arguably one of the best values in | | of adjusting losses, excluding the |
| Lafayette | | the entire financial services arena. | | amount of the loss itself. |
| Orange Park | | Where else can you go and get | | |
| Mesquite | | hundreds of thousands of dollars in | | Lloyd's Broker: A person who has the |
| Turlock | | protection for literally pennies per | | authority to negotiate insurance |
| Boynton Beach | | day? Rates for Term Life insurance | | contracts with the underwriters on the |
| Livonia | | remain at all-time lows, and now is the | | floor at Lloyd's. |
| Orange Park | | time to lock in the best prices. | | |
| Dearborn | | | | Divided Cover: The placing of |
| Woodbridge | | Make sure you have a new policy in | | insurance on a given subject or |
| Cambridge | | place before you cancel your old one | | object with more than one insurer. |
| Lancaster | | to avoid a lapse in coverage. This will | | |
| Winter Park | | also prevent having to figure out the | | Cut Rate: This term generally applies |
| Escondido | | amount of any unused premium that is | | to insurance companies who charge |
| Warwick | | due to you from your old insurance | | premiums below a normal or average |
| Plano | | company, or having to spar with your | | rate. |
| Scranton | | agent about exactly when your policy | | |
| Williamsport | | was cancelled and how much they | | Public Adjuster: An insurance adjuster |
| Seattle | | owe you. | | who represents an insured on a fee |
| Virginia Beach | | | | basis in claims settlement. Contrast |
| Corpus Christi | | If you decide to cancel your policy | | with Independent Adjuster. |
| Lakewood | | (after acquiring new coverage) | | |
| Honolulu | | outside of the 30-day period, you may | | Cash Flow Underwriting: The use of |
| Salt Lake City | | have to pay a fee or penalty. | | rating and premium collection |
| Muskegon | | However, you may still save money | | techniques by insurance companies |
| Bloomington | | after paying the fee if your new policy | | to maximize interest earnings on |
| Bay City | | affords you significant savings. So | | premiums. |
| Florissant | | while it is best to wait until your | | |
| Harlingen | | receive your renewal notice, you CAN | | Independent Contractor: One who |
| Midland | | cancel your policy at any time. | | agrees to perform according to a |
| Berkeley | | | | contract and who is not an employee. |
| Staten Island | | While some companies raise their | | |
| Longwood | | prices based on your actual age, | | Calendar Year Experience: This |
| Panama City | | most companies increase the price of | | measures the premiums and losses |
| Rockville | | their policies six months before your | | entered on accounting records during |
| Metairie | | birthday. Its a term called Age | | the 12-month calendar. |
| Dearborn | | Nearest in the industry, and that | | |
| Schaumburg | | half-year price increase could really | | |
| Englewood | | add up over a 20-year term policy. As | | |
| Hartford | | above, the quicker you purchase your | | |
| Boulder | | policy the better. | | |
