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| Lexington | | The best time to switch policies is | | Director of Insurance: A title used in |
| Spartanburg | | within one month of receiving your | | some states for the head of the |
| Albuquerque | | policy renewal from your current | | department of insurance. |
| Aurora | | insurer. You can typically cancel your | | |
| Dallas | | policy without any fees or penalties if | | Preferred Risk: Any risk considered |
| Buffalo | | you act within this time period. | | to be better than the standard risk on |
| York | | | | which the premium rate was |
| Colorado Springs | | The quickest and easiest way to | | calculated. |
| Pittsburgh | | shop for new insurance is by | | |
| Santa Clara | | comparing rates at InsWebs online | | Capital Sum: The maximum lump sum |
| Newark | | marketplace. If you do it the | | payable in the event of accidental |
| Cambridge | | old-fashioned way (by calling or | | death or dismemberment. |
| Fayetteville | | visiting multiple agents or insurance | | |
| Edison | | companies) it could take up a huge | | Foreign Insurer: An insurer domiciled |
| Providence | | chunk of your time, which no one | | in a state of the United States other |
| Boise | | wants or needs. By completing | | than the one in which the insured's |
| Scranton | | InsWebs online application, you will | | insurance is written. |
| Schaumburg | | have rates to compare to your old | | |
| Livonia | | ones within minutes! | | Monoline Policy: Any insurance |
| Reno | | | | coverage written as a single line |
| Tulsa | | Life insurance, specifically Term Life, | | policy. Contrast with Multiple Line or |
| Fort Collins | | is arguably one of the best values in | | Package policy. |
| Harrisburg | | the entire financial services arena. | | |
| Kansas City | | Where else can you go and get | | Dual Life Stock Company: A stock |
| Morristown | | hundreds of thousands of dollars in | | Life insurer issuing both participating |
| San Diego | | protection for literally pennies per | | and nonparticipating policy contracts. |
| Clarksville | | day? Rates for Term Life insurance | | |
| Newark | | remain at all-time lows, and now is the | | Society of Insurance Research: An |
| Garland | | time to lock in the best prices. | | organization which encourages |
| Santa Rosa | | | | insurance research and promotes the |
| Berkeley | | If you decide to cancel your policy | | exchange of ideas and methods of |
| Huntington | | (after acquiring new coverage) | | research. |
| Flushing | | outside of the 30-day period, you may | | |
| Gainesville | | have to pay a fee or penalty. | | Federal Deposit Insurance |
| Schaumburg | | However, you may still save money | | Corporation (FDIC): An agency of the |
| Malden | | after paying the fee if your new policy | | federal government which insures |
| Sumter | | affords you significant savings. So | | bank deposits up to a stated |
| Dallas | | while it is best to wait until your | | maximum. |
| Kingsport | | receive your renewal notice, you CAN | | |
| Downey | | cancel your policy at any time. | | |
