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| Providence | | Life insurance, specifically Term Life, | | Absolute Assignment: Assignment by |
| Albany | | is arguably one of the best values in | | a policy owner of all control of and |
| Denton | | the entire financial services arena. | | rights in the policy to a third party. |
| Reading | | Where else can you go and get | | |
| Thousand Oaks | | hundreds of thousands of dollars in | | Countersignature: The signature of a |
| Alpharetta | | protection for literally pennies per | | licensed agent or representative on a |
| Brooklyn | | day? Rates for Term Life insurance | | policy. |
| Topeka | | remain at all-time lows, and now is the | | |
| Knoxville | | time to lock in the best prices. | | Cut Rate: This term generally applies |
| Bellevue | | | | to insurance companies who charge |
| Anchorage | | Healthy people have the best | | premiums below a normal or average |
| Akron | | mortality risks and thus are much | | rate. |
| Metairie | | cheaper for companies to insure. This | | |
| Charleston | | translates into lower rates for the | | Theory of Probability: The |
| Lexington | | Super Preferred customer than | | mathematical principle upon which |
| Montgomery | | someone with higher risk factors such | | insurance is based. |
| Glendale | | as a heart condition, cancer or | | |
| Irving | | diabetes. Conversely, if you were | | Equity: The money value of an |
| Clinton Township | | unhealthy when you acquired your | | insurance company that is over and |
| Beaumont | | policy, and your health has now | | above its liabilities. Liabilities include |
| Odessa | | improved, it might be time to shop for | | almost all of its reserves. |
| St. Louis | | a new policy, as your rates are likely | | |
| Malden | | to be lower. | | Underinsurance: A condition in which |
| Albuquerque | | | | not enough insurance is carried to |
| Florissant | | While some companies raise their | | cover the insurable value. |
| Peoria | | prices based on your actual age, | | |
| Johnstown | | most companies increase the price of | | Gross Premium: The net premium |
| Lafayette | | their policies six months before your | | plus operating expenses, |
| Houston | | birthday. Its a term called Age | | commissions and other expenses. |
| Dearborn | | Nearest in the industry, and that | | |
| Mansfield | | half-year price increase could really | | Director of Insurance: A title used in |
| Albany | | add up over a 20-year term policy. As | | some states for the head of the |
| Canton | | above, the quicker you purchase your | | department of insurance. |
| Little Rock | | policy the better. | | |
