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| Biloxi | | Everyone has different needs, and | | Burning Ratio: The ratio of losses |
| West Palm Beach | | not one size fits all when it comes to | | suffered to the amount of insurance in |
| Huntington | | term life insurance. While it may make | | effect. |
| Newark | | sense for people in their 30s and 40s | | |
| Indianapolis | | to secure a 20-year term length, a | | Premium Receipt: The receipt given |
| Sterling Heights | | 10-year term might be more | | a policy owner for the payment of a |
| Huntington | | appropriate for someone nearing | | premium. |
| Wilmington | | retirement. | | |
| Williamsport | | | | Agency: An insurance sales office |
| Warwick | | Healthy people have the best | | which is directed by a agent, |
| Pasadena | | mortality risks and thus are much | | manager, independent agent, or |
| Jacksonville | | cheaper for companies to insure. This | | company manager. |
| Grand Rapids | | translates into lower rates for the | | |
| Oklahoma City | | Super Preferred customer than | | Policy Period (or Term): The period |
| Bronx | | someone with higher risk factors such | | during which the policy contract |
| Bakersfield | | as a heart condition, cancer or | | affords protection, e.g., six months or |
| Evansville | | diabetes. Conversely, if you were | | one or three years. |
| Muncie | | unhealthy when you acquired your | | |
| Newport Beach | | policy, and your health has now | | Minimum Premium: The smallest |
| Vineland | | improved, it might be time to shop for | | amount of premium for which an |
| Stuart | | a new policy, as your rates are likely | | insurer will issue coverage under a |
| Fairfax | | to be lower. | | given policy. |
