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| Williamsport | | If you decide to cancel your policy | | Mutualization: The process of |
| Tulsa | | (after acquiring new coverage) | | converting a stock insurer to a mutual |
| Cleveland | | outside of the 30-day period, you may | | insurer, accomplished by having the |
| Staten Island | | have to pay a fee or penalty. | | insurer buy stock and retire it. |
| Lubbock | | However, you may still save money | | |
| Philadelphia | | after paying the fee if your new policy | | Level Commission System: A system |
| Colorado Springs | | affords you significant savings. So | | of commissions in which the first year |
| San Bernardino | | while it is best to wait until your | | and all renewal commissions are the |
| Houston | | receive your renewal notice, you CAN | | same percentage of the premium. |
| Naples | | cancel your policy at any time. | | |
| Whittier | | | | Tickler: A reminder system used to |
| Stamford | | The quickest and easiest way to | | call an individual's attention to actions |
| Staten Island | | shop for new insurance is by | | that must be taken at a future point in |
| Kalamazoo | | comparing rates at InsWebs online | | time. |
| Oakland | | marketplace. If you do it the | | |
| Las Cruces | | old-fashioned way (by calling or | | Malinger: To feign a disability for the |
| Duluth | | visiting multiple agents or insurance | | purpose of continuing to collect |
| Akron | | companies) it could take up a huge | | benefits longer than actually |
| Sarasota | | chunk of your time, which no one | | necessary. |
| Malden | | wants or needs. By completing | | |
| Wichita | | InsWebs online application, you will | | Exclusions: Specific situations, |
| Cookeville | | have rates to compare to your old | | conditions, or circumstances that are |
| Independence | | ones within minutes! | | listed in the contract as being not |
| Jackson | | | | covered. |
| Montgomery | | While some companies raise their | | |
| Midland | | prices based on your actual age, | | Valued: Relating to an agreement by |
| Jackson | | most companies increase the price of | | an insurer to pay a specified amount |
| Irving | | their policies six months before your | | of money to or on behalf of the |
| Williamsburg | | birthday. Its a term called Age | | insured upon occurrence of a defined |
| Grand Junction | | Nearest in the industry, and that | | loss. |
| Milwaukee | | half-year price increase could really | | |
| Springfield | | add up over a 20-year term policy. As | | Tabular Plan: A retrospective rating |
| Hollywood | | above, the quicker you purchase your | | plan, which uses tables to furnish the |
| New Orleans | | policy the better. | | various values for the rating formula. |
