| | | | |
|
| Pembroke Pines | | Everyone has different needs, and | | Accident Year Experience: Measures |
| Bloomington | | not one size fits all when it comes to | | premiums and losses relating to |
| Troy | | term life insurance. While it may make | | accidents which occurred during a |
| Pueblo | | sense for people in their 30s and 40s | | 12-month period. |
| Tempe | | to secure a 20-year term length, a | | |
| Norwalk | | 10-year term might be more | | Flat Cancellation: A policy which is |
| Downey | | appropriate for someone nearing | | cancelled upon its effective date. |
| Mesquite | | retirement. | | Usually under a flat cancellation no |
| Fort Myers | | | | premium charge is made. |
| Asheville | | The quickest and easiest way to | | |
| Poughkeepsie | | shop for new insurance is by | | Malicious Mischief: Similar to |
| High Point | | comparing rates at InsWebs online | | vandalism. Purposely damaging the |
| Dothan | | marketplace. If you do it the | | rights or property of another. |
| Akron | | old-fashioned way (by calling or | | |
| Greeley | | visiting multiple agents or insurance | | Provisions: Statements contained in |
| Tulsa | | companies) it could take up a huge | | an insurance policy which explain the |
| Louisville | | chunk of your time, which no one | | benefits, conditions and other |
| Pueblo | | wants or needs. By completing | | features of the insurance contract. |
| Greenville | | InsWebs online application, you will | | |
| Oklahoma City | | have rates to compare to your old | | Policy Period (or Term): The period |
| Chesapeake | | ones within minutes! | | during which the policy contract |
| Staten Island | | | | affords protection, e.g., six months or |
| Bethlehem | | If you decide to cancel your policy | | one or three years. |
| Owensboro | | (after acquiring new coverage) | | |
| Morristown | | outside of the 30-day period, you may | | Fiduciary: A person holding the funds |
| White Plains | | have to pay a fee or penalty. | | or property of another in a position of |
| Modesto | | However, you may still save money | | trust. An example would be the |
| Union | | after paying the fee if your new policy | | executor of an estate. |
| Ocala | | affords you significant savings. So | | |
| York | | while it is best to wait until your | | You/Your: These words are used to |
| Virginia Beach | | receive your renewal notice, you CAN | | refer to the named insured in many of |
| Des Moines | | cancel your policy at any time. | | the modernized/personalized policy |
| Augusta | | | | forms. |
| New York | | While some companies raise their | | |
| Ventura | | prices based on your actual age, | | |
| Lincoln | | most companies increase the price of | | |
| Corpus Christi | | their policies six months before your | | |
| Gaithersburg | | birthday. Its a term called Age | | |
| Bethlehem | | Nearest in the industry, and that | | |
| Knoxville | | half-year price increase could really | | |
| Biloxi | | add up over a 20-year term policy. As | | |
| Turlock | | above, the quicker you purchase your | | |
| Lake Worth | | policy the better. | | |
