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| Rockford | | Individuals who have 30-year | | Premium: The price of insurance |
| Savannah | | mortgages might want to consider a | | protection for a specified risk for a |
| Springfield | | 30-year term to ensure that the house | | specified period of time. |
| Minneapolis | | is protected throughout the period of | | |
| Tallahassee | | the loan. | | License: A certification of authority for |
| Fort Lauderdale | | | | an agent or insurer to operate, given |
| Venice | | The best time to switch policies is | | by the appropriate jurisdiction. |
| Mesa | | within one month of receiving your | | |
| South Bend | | policy renewal from your current | | Society of Insurance Research: An |
| Oxnard | | insurer. You can typically cancel your | | organization which encourages |
| Naperville | | policy without any fees or penalties if | | insurance research and promotes the |
| Honolulu | | you act within this time period. | | exchange of ideas and methods of |
| Detroit | | | | research. |
| Akron | | Healthy people have the best | | |
| Davenport | | mortality risks and thus are much | | Preferred Risk: Any risk considered |
| Spring Hill | | cheaper for companies to insure. This | | to be better than the standard risk on |
| Fort Collins | | translates into lower rates for the | | which the premium rate was |
| Lansing | | Super Preferred customer than | | calculated. |
| Inglewood | | someone with higher risk factors such | | |
| New Orleans | | as a heart condition, cancer or | | Captive Agent: One who sells |
| Virginia Beach | | diabetes. Conversely, if you were | | insurance for only one company as |
| Mansfield | | unhealthy when you acquired your | | opposed to an agent who represents |
| Bloomington | | policy, and your health has now | | several companies. |
| Birmingham | | improved, it might be time to shop for | | |
| Sterling Heights | | a new policy, as your rates are likely | | Partnership: A business enterprise |
| Quincy | | to be lower. | | owned and operated by two or more |
| Grand Rapids | | | | persons for the purpose of generating |
| Chandler | | If you decide to cancel your policy | | business income and profits. |
| Sunnyvale | | (after acquiring new coverage) | | |
| Fresno | | outside of the 30-day period, you may | | Cash Flow Underwriting: The use of |
| Virginia Beach | | have to pay a fee or penalty. | | rating and premium collection |
| Durham | | However, you may still save money | | techniques by insurance companies |
| Stuart | | after paying the fee if your new policy | | to maximize interest earnings on |
| Worcester | | affords you significant savings. So | | premiums. |
| Chesapeake | | while it is best to wait until your | | |
| Fort Worth | | receive your renewal notice, you CAN | | |
| Milwaukee | | cancel your policy at any time. | | |
