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| Akron | | The best time to switch policies is | | Deficit Carried Forward: The transfer |
| Fayetteville | | within one month of receiving your | | of a debit balance from one |
| Duluth | | policy renewal from your current | | accounting period to another. |
| Boca Raton | | insurer. You can typically cancel your | | |
| Warwick | | policy without any fees or penalties if | | Authorized Insurer: An insurer |
| Peoria | | you act within this time period. | | authorized by the state to transact |
| Palm Harbor | | | | business in that state for specific |
| Long Beach | | Life insurance, specifically Term Life, | | types of insurance. |
| Johnstown | | is arguably one of the best values in | | |
| Allentown | | the entire financial services arena. | | Provisional Rate: Tentative rates, |
| Poughkeepsie | | Where else can you go and get | | premiums or commissions that are |
| Los Angeles | | hundreds of thousands of dollars in | | subject to subsequent adjustment. |
| Milwaukee | | protection for literally pennies per | | See Commission and Premium. |
| Sioux Falls | | day? Rates for Term Life insurance | | |
| Charleston | | remain at all-time lows, and now is the | | Claim: A demand made by the |
| Coral Springs | | time to lock in the best prices. | | insured, or the insured's beneficiary, |
| Harlingen | | | | for payment of the benefits provided |
| Evansville | | Make sure you have a new policy in | | by the contract. |
| Sacramento | | place before you cancel your old one | | |
| San Diego | | to avoid a lapse in coverage. This will | | Monoline Policy: Any insurance |
| Odessa | | also prevent having to figure out the | | coverage written as a single line |
| Sacramento | | amount of any unused premium that is | | policy. Contrast with Multiple Line or |
| Bakersfield | | due to you from your old insurance | | Package policy. |
| Charleston | | company, or having to spar with your | | |
| Hot Springs | | agent about exactly when your policy | | Replacement: A new policy written to |
| Rockville | | was cancelled and how much they | | take the place of one currently in force. |
| Waterloo | | owe you. | | |
| Dearborn | | | | Broker of Record: A broker who has |
| Fayetteville | | Why not take advantage of current | | been designated to handle certain |
| Sunnyvale | | low prices? Many auto insurance | | insurance contracts for the |
| Billings | | consumers are becoming educated | | policyholder. |
| Cranston | | on other companies, plans, and rates | | |
| Riverside | | that are available to them; ones that | | Burning Ratio: The ratio of losses |
| Gainesville | | could afford them significant savings | | suffered to the amount of insurance in |
| Pasadena | | on their auto insurance. | | effect. |
