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| Jackson | | Healthy people have the best | | Broker-Agent: One acting as an agent |
| Birmingham | | mortality risks and thus are much | | of one or more insurers and as a |
| St. Paul | | cheaper for companies to insure. This | | broker in dealing with one or more |
| Jacksonville | | translates into lower rates for the | | other insurers. |
| Duluth | | Super Preferred customer than | | |
| Palo Alto | | someone with higher risk factors such | | Open Rating: A system whereby a |
| Roanoke | | as a heart condition, cancer or | | state allows an insurer to use rates |
| Woodbridge | | diabetes. Conversely, if you were | | without prior approval. |
| Rochester | | unhealthy when you acquired your | | |
| Macon | | policy, and your health has now | | Incurred Expense: Expenses not yet |
| Warren | | improved, it might be time to shop for | | paid. Can also include paid |
| Billings | | a new policy, as your rates are likely | | expenses in some accounting |
| Madison | | to be lower. | | systems. |
