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| Charlotte | | The quickest and easiest way to | | Claim Expense: The expense of |
| Lawrenceville | | shop for new insurance is by | | adjusting a claim, such as |
| Bay City | | comparing rates at InsWebs online | | investigation and attorneys' fees. It |
| Portland | | marketplace. If you do it the | | does not include the cost of the claim |
| Valdosta | | old-fashioned way (by calling or | | itself. |
| Inglewood | | visiting multiple agents or insurance | | |
| Fort Collins | | companies) it could take up a huge | | Commission of Authority: A document |
| Ventura | | chunk of your time, which no one | | outlining the powers delegated to an |
| San Antonio | | wants or needs. By completing | | agent by an insurer. |
| Indianapolis | | InsWebs online application, you will | | |
| Greeley | | have rates to compare to your old | | Standard Industry Code (SIC): This is |
| Santa Ana | | ones within minutes! | | a coding system which assigns |
| Sterling Heights | | | | separate codes for different types of |
| Huntsville | | Life insurance, specifically Term Life, | | industries. |
| Killeen | | is arguably one of the best values in | | |
| Bakersfield | | the entire financial services arena. | | Tabular Plan: A retrospective rating |
| Oxnard | | Where else can you go and get | | plan, which uses tables to furnish the |
| Las Vegas | | hundreds of thousands of dollars in | | various values for the rating formula. |
| Morristown | | protection for literally pennies per | | |
| Omaha | | day? Rates for Term Life insurance | | Index Bureau Experience: A measure |
| New Port Richey | | remain at all-time lows, and now is the | | of losses relating to claims reported |
| Cookeville | | time to lock in the best prices. | | through a claim office during a |
| Savannah | | | | 12-month period. |
| Nashville | | While some companies raise their | | |
| Atlanta | | prices based on your actual age, | | Gross Premium: The net premium |
| Anaheim | | most companies increase the price of | | plus operating expenses, |
| Carlsbad | | their policies six months before your | | commissions and other expenses. |
| Rome | | birthday. Its a term called Age | | |
| Mesa | | Nearest in the industry, and that | | Gain and Loss Exhibit: The portion of |
| Santa Monica | | half-year price increase could really | | the convention blank which |
| Tyler | | add up over a 20-year term policy. As | | represents an analysis of gains, |
| Bayside | | above, the quicker you purchase your | | losses, and surplus during an |
| Lawton | | policy the better. | | accounting period. |
