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| Santa Rosa | | While some companies raise their | | Liquidity: The ability of an insurer to |
| Wichita Falls | | prices based on your actual age, | | convert its assets into cash to pay |
| Las Vegas | | most companies increase the price of | | claims if necessary. |
| Oxnard | | their policies six months before your | | |
| Scranton | | birthday. Its a term called Age | | Preferred Risk: Any risk considered |
| High Point | | Nearest in the industry, and that | | to be better than the standard risk on |
| Lafayette | | half-year price increase could really | | which the premium rate was |
| Albuquerque | | add up over a 20-year term policy. As | | calculated. |
| Fort Wayne | | above, the quicker you purchase your | | |
| Slidell | | policy the better. | | Minimum Premium: The smallest |
| Woodbridge | | | | amount of premium for which an |
| New Orleans | | At InsWeb, you can compare free | | insurer will issue coverage under a |
| Seattle | | online insurance quotes from many of | | given policy. |
| Ogden | | the nations leading insurance | | |
| Orange | | companies. | | Theory of Probability: The |
| San Antonio | | | | mathematical principle upon which |
| Anderson | | Everyone has different needs, and | | insurance is based. |
| Silver Spring | | not one size fits all when it comes to | | |
| Monroe | | term life insurance. While it may make | | Buy-Back" Deductible: A deductible |
| Greensboro | | sense for people in their 30s and 40s | | which may be eliminated for an |
| Montgomery | | to secure a 20-year term length, a | | additional premium in order to |
| Stockbridge | | 10-year term might be more | | provide "first-dollar" coverage. |
| Decatur | | appropriate for someone nearing | | |
| Downey | | retirement. | | Cash Flow Underwriting: The use of |
| Davenport | | | | rating and premium collection |
| Gainesville | | Healthy people have the best | | techniques by insurance companies |
| Odessa | | mortality risks and thus are much | | to maximize interest earnings on |
| Corpus Christi | | cheaper for companies to insure. This | | premiums. |
| Fayetteville | | translates into lower rates for the | | |
| Stockbridge | | Super Preferred customer than | | Retail Credit Company: The former |
| New York | | someone with higher risk factors such | | name of Equifax, a credit reporting |
| Fremont | | as a heart condition, cancer or | | organization. See Equifax. |
| Allentown | | diabetes. Conversely, if you were | | |
| Canton | | unhealthy when you acquired your | | Policywriting Agent: An agent who has |
| Hickory | | policy, and your health has now | | the authority to prepare and effect an |
| Sumter | | improved, it might be time to shop for | | insurer's policy. |
| Chattanooga | | a new policy, as your rates are likely | | |
| Torrance | | to be lower. | | |
