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| Raleigh | | Individuals who have 30-year | | Premium Notice: A form notice from |
| Allentown | | mortgages might want to consider a | | an insurer or agency to a policy |
| Harlingen | | 30-year term to ensure that the house | | owner that a premium will be due on a |
| Fremont | | is protected throughout the period of | | given date. |
| Washington | | the loan. | | |
| Baton Rouge | | | | Building Code: This refers to |
| Corpus Christi | | While some companies raise their | | municipal or other governmental |
| Virginia Beach | | prices based on your actual age, | | ordinances regulating the type of |
| Tempe | | most companies increase the price of | | construction of buildings within its |
| Clearwater | | their policies six months before your | | jurisdiction. |
| Jasper | | birthday. Its a term called Age | | |
| Newark | | Nearest in the industry, and that | | Lapsed Policy: One which has been |
| Huntsville | | half-year price increase could really | | allowed to expire because of |
| Rochester | | add up over a 20-year term policy. As | | nonpayment of premiums. |
| Independence | | above, the quicker you purchase your | | |
| Evansville | | policy the better. | | License: A certification of authority for |
| Houston | | | | an agent or insurer to operate, given |
| Grand Junction | | Healthy people have the best | | by the appropriate jurisdiction. |
| Gainesville | | mortality risks and thus are much | | |
| Staten Island | | cheaper for companies to insure. This | | Net Interest Earned: The average |
| Hendersonville | | translates into lower rates for the | | interest earned by an insurer on its |
| Anderson | | Super Preferred customer than | | investments after investment expense |
| Downey | | someone with higher risk factors such | | but before federal income taxes. |
| Ogden | | as a heart condition, cancer or | | |
| San Francisco | | diabetes. Conversely, if you were | | Notice of Cancellation: Written notice |
| Louisville | | unhealthy when you acquired your | | by an insurer of intent to cancel |
| Fresno | | policy, and your health has now | | insurance, or written notice by an |
| Troy | | improved, it might be time to shop for | | insured requesting cancellation. |
| Peoria | | a new policy, as your rates are likely | | |
| Toms River | | to be lower. | | Nonassignable: A policy that the |
| Riverside | | | | owner cannot assign to a third party. |
| Springfield | | The best time to switch policies is | | Most policies are nonassignable |
| Lorain | | within one month of receiving your | | unless approval is given by the |
| Orange | | policy renewal from your current | | insurer. |
| Chandler | | insurer. You can typically cancel your | | |
| Montgomery | | policy without any fees or penalties if | | |
| Glendale | | you act within this time period. | | |
