| | | | |
|
| Franklin | | Make sure you have a new policy in | | You/Your: These words are used to |
| Lorain | | place before you cancel your old one | | refer to the named insured in many of |
| Springfield | | to avoid a lapse in coverage. This will | | the modernized/personalized policy |
| Providence | | also prevent having to figure out the | | forms. |
| Bronx | | amount of any unused premium that is | | |
| Pensacola | | due to you from your old insurance | | Captive Agent: One who sells |
| Quincy | | company, or having to spar with your | | insurance for only one company as |
| Irving | | agent about exactly when your policy | | opposed to an agent who represents |
| Pasadena | | was cancelled and how much they | | several companies. |
| Worcester | | owe you. | | |
| Poughkeepsie | | | | Substandard Risk: A risk not |
| Oceanside | | Shopping around is the best way to | | measuring up to underwriting |
| Pembroke Pines | | save money on your insurance. | | standards. It may still be written but |
| Poughkeepsie | | | | usually at a surcharged premium. |
| Hemet | | Life insurance, specifically Term Life, | | |
| El Cajon | | is arguably one of the best values in | | Liabilities: Money owed or expected |
| Longmont | | the entire financial services arena. | | to be owed. Insurance company |
| Lansing | | Where else can you go and get | | financial statements, for instance, |
| Waterloo | | hundreds of thousands of dollars in | | show assets and liabilities. |
| Newark | | protection for literally pennies per | | |
| Johnstown | | day? Rates for Term Life insurance | | Criticism: A correction suggested by a |
| Reno | | remain at all-time lows, and now is the | | rating or auditing bureau to an insurer. |
| Venice | | time to lock in the best prices. | | |
| Sioux City | | | | Insurance Policy: The printed form |
| Detroit | | People who are trying to quit | | which serves as the contract between |
| Bakersfield | | smoking, for example, might be best | | an insurer and an insured. |
| Jackson | | suited purchasing a shorter term (and | | |
| Gaithersburg | | then replacing it with a longer term | | Authorized Insurer: An insurer |
| Mountain View | | policy when they qualify for | | authorized by the state to transact |
| Edmond | | non-tobacco prices). | | business in that state for specific |
| Council Bluffs | | | | types of insurance. |
| Colorado Springs | | Everyone has different needs, and | | |
| Rome | | not one size fits all when it comes to | | Underinsurance: A condition in which |
| Orange Park | | term life insurance. While it may make | | not enough insurance is carried to |
| Huntington Beach | | sense for people in their 30s and 40s | | cover the insurable value. |
| Huntington | | to secure a 20-year term length, a | | |
| Longmont | | 10-year term might be more | | |
| Birmingham | | appropriate for someone nearing | | |
| Lincoln | | retirement. | | |
