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| Toms River | | Healthy people have the best | | Liabilities: Money owed or expected |
| Daytona Beach | | mortality risks and thus are much | | to be owed. Insurance company |
| Grand Prairie | | cheaper for companies to insure. This | | financial statements, for instance, |
| Stockton | | translates into lower rates for the | | show assets and liabilities. |
| Lorain | | Super Preferred customer than | | |
| Columbus | | someone with higher risk factors such | | Valuation Clause: A clause stating the |
| Anderson | | as a heart condition, cancer or | | value of items for insurance |
| Harlingen | | diabetes. Conversely, if you were | | purposes, making it a valued policy. |
| Jackson | | unhealthy when you acquired your | | |
| Boston | | policy, and your health has now | | Malicious Mischief: Similar to |
| Lansing | | improved, it might be time to shop for | | vandalism. Purposely damaging the |
| Lakeland | | a new policy, as your rates are likely | | rights or property of another. |
| Springfield | | to be lower. | | |
| Clinton Township | | | | Partnership Entity: The partnership |
| Fullerton | | People who are trying to quit | | considered as an entity and not in |
| Columbus | | smoking, for example, might be best | | terms of its individual part-owners. |
| Toms River | | suited purchasing a shorter term (and | | |
| San Francisco | | then replacing it with a longer term | | Earned Income: The money |
| Evanston | | policy when they qualify for | | individuals earn as a result of working |
| Henderson | | non-tobacco prices). | | at some job or occupation for which |
| Phoenix | | | | they are paid a salary. |
| Silver Spring | | Everyone has different needs, and | | |
| Colorado Springs | | not one size fits all when it comes to | | Fictitious Groups: Groups formed |
| Athens | | term life insurance. While it may make | | primarily for the purpose of buying |
| Warren | | sense for people in their 30s and 40s | | insurance. Under the law such groups |
| Venice | | to secure a 20-year term length, a | | may not be underwritten. |
| Scottsdale | | 10-year term might be more | | |
| Springfield | | appropriate for someone nearing | | Brick Veneer Construction: Refers to |
| Glendale | | retirement. | | a building where the outside walls are |
| Quincy | | | | constructed of wood with a facing of a |
| Dayton | | While some companies raise their | | single layer of brick. |
| Valdosta | | prices based on your actual age, | | |
| Denver | | most companies increase the price of | | Sole Proprietorship: A business |
| Jasper | | their policies six months before your | | enterprise owned by one person who |
| Knoxville | | birthday. Its a term called Age | | is its manager and employee. |
| Lake Worth | | Nearest in the industry, and that | | |
| Lowell | | half-year price increase could really | | |
| Jackson | | add up over a 20-year term policy. As | | |
| Flushing | | above, the quicker you purchase your | | |
| Arlington | | policy the better. | | |
