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| Roanoke | | Everyone has different needs, and | | Valued: Relating to an agreement by |
| Manchester | | not one size fits all when it comes to | | an insurer to pay a specified amount |
| Pompano Beach | | term life insurance. While it may make | | of money to or on behalf of the |
| Athens | | sense for people in their 30s and 40s | | insured upon occurrence of a defined |
| Hot Springs | | to secure a 20-year term length, a | | loss. |
| San Francisco | | 10-year term might be more | | |
| Toledo | | appropriate for someone nearing | | Producer: A term applied to an agent, |
| Clinton Township | | retirement. | | solicitor or other person who sells |
| Tempe | | | | insurance. |
| Bethlehem | | The best time to switch policies is | | |
| Valdosta | | within one month of receiving your | | Claim: A demand made by the |
| Racine | | policy renewal from your current | | insured, or the insured's beneficiary, |
| Tyler | | insurer. You can typically cancel your | | for payment of the benefits provided |
| Lorain | | policy without any fees or penalties if | | by the contract. |
| Des Moines | | you act within this time period. | | |
| Corpus Christi | | | | Admitted Company: An insurance |
| Jacksonville | | We offer quotes for auto insurance, | | company authorized and licensed to |
| Philadelphia | | life insurance, homeowners | | do business in a given state. |
| Springfield | | insurance, health insurance, term life | | |
| Fayetteville | | insurance and more. | | Agent's License: A certificate of |
| Staten Island | | | | authority from the state which permits |
| Vero Beach | | If you decide to cancel your policy | | the agent to conduct business. |
| Springfield | | (after acquiring new coverage) | | |
| St. Louis | | outside of the 30-day period, you may | | Line of Business: The classification of |
| St. Paul | | have to pay a fee or penalty. | | business as utilized in the insurance |
| Irving | | However, you may still save money | | industry, e.g., Fire, Allied Lines and |
| Schaumburg | | after paying the fee if your new policy | | Homeowners. |
| Albany | | affords you significant savings. So | | |
| Mansfield | | while it is best to wait until your | | Agent's Qualification Law: Education, |
| South Bend | | receive your renewal notice, you CAN | | experience, and other requirements |
| West Palm Beach | | cancel your policy at any time. | | imposed by the state upon persons |
| Salem | | | | desiring to be licensed as agents. |
| Salem | | Individuals who have 30-year | | |
| Woodbridge | | mortgages might want to consider a | | Indemnify: To restore the victim of a |
| Sioux Falls | | 30-year term to ensure that the house | | loss to the same position as before |
| Arlington | | is protected throughout the period of | | the loss occurred. |
| Tempe | | the loan. | | |
