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| Savannah | | While some companies raise their | | Single Limit: Any insurance coverage |
| Minneapolis | | prices based on your actual age, | | which is expressed as a single |
| Torrance | | most companies increase the price of | | amount of insurance, or a single limit |
| Greenville | | their policies six months before your | | of liability. Contrast with Split Limit. |
| Williamsburg | | birthday. Its a term called Age | | |
| Youngstown | | Nearest in the industry, and that | | Legislative Risk: A risk faced by |
| Denver | | half-year price increase could really | | investors whereby changes in tax |
| Billings | | add up over a 20-year term policy. As | | laws can result in adverse effects on |
| Irvine | | above, the quicker you purchase your | | the individual's investment results. |
| Minneapolis | | policy the better. | | |
| Eugene | | | | Net Loss: The amount of loss |
| Newport Beach | | Healthy people have the best | | sustained by an insurer after giving |
| Scranton | | mortality risks and thus are much | | effect to all applicable reinsurance, |
| Quincy | | cheaper for companies to insure. This | | salvage, and subrogation recoveries. |
| Stuart | | translates into lower rates for the | | |
| Anaheim | | Super Preferred customer than | | Policywriting Agent: An agent who has |
| Naperville | | someone with higher risk factors such | | the authority to prepare and effect an |
| Garland | | as a heart condition, cancer or | | insurer's policy. |
| Pittsburgh | | diabetes. Conversely, if you were | | |
| Bradenton | | unhealthy when you acquired your | | Calendar Year Experience: This |
| Buffalo | | policy, and your health has now | | measures the premiums and losses |
| Houma | | improved, it might be time to shop for | | entered on accounting records during |
| Southfield | | a new policy, as your rates are likely | | the 12-month calendar. |
| Lawrenceville | | to be lower. | | |
| Houma | | | | Accident Year Experience: Measures |
| Harlingen | | The best time to switch policies is | | premiums and losses relating to |
| Lexington | | within one month of receiving your | | accidents which occurred during a |
| Arlington | | policy renewal from your current | | 12-month period. |
| Santa Barbara | | insurer. You can typically cancel your | | |
| Duluth | | policy without any fees or penalties if | | Initial Premium: An amount paid at the |
| Albuquerque | | you act within this time period. | | inception of an insurance contract, |
| Chattanooga | | | | usually subject to adjustment at the |
| Williamsburg | | Life insurance, specifically Term Life, | | end of the policy period. |
| Panama City | | is arguably one of the best values in | | |
| Lancaster | | the entire financial services arena. | | |
| Santa Monica | | Where else can you go and get | | |
| Vero Beach | | hundreds of thousands of dollars in | | |
| Green Bay | | protection for literally pennies per | | |
| Stuart | | day? Rates for Term Life insurance | | |
| Fort Smith | | remain at all-time lows, and now is the | | |
| Pembroke Pines | | time to lock in the best prices. | | |
