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| Chandler | | People who are trying to quit | | Building Code: This refers to |
| Decatur | | smoking, for example, might be best | | municipal or other governmental |
| Long Beach | | suited purchasing a shorter term (and | | ordinances regulating the type of |
| El Cajon | | then replacing it with a longer term | | construction of buildings within its |
| Sioux Falls | | policy when they qualify for | | jurisdiction. |
| Carlsbad | | non-tobacco prices). | | |
| Springfield | | | | Cut Rate: This term generally applies |
| Lawrenceville | | Individuals who have 30-year | | to insurance companies who charge |
| Rapid City | | mortgages might want to consider a | | premiums below a normal or average |
| Stockton | | 30-year term to ensure that the house | | rate. |
| Lafayette | | is protected throughout the period of | | |
| Joliet | | the loan. | | Approved: The condition which exists |
| Bronx | | | | when the person or object to be |
| Wichita Falls | | Healthy people have the best | | insured meets the underwriting |
| Panama City | | mortality risks and thus are much | | standards of the insurer. |
| Newark | | cheaper for companies to insure. This | | |
| Atlanta | | translates into lower rates for the | | Basic Rate: The manual rate from |
| Canton | | Super Preferred customer than | | which discounts are taken or to which |
| Henderson | | someone with higher risk factors such | | charges are added to reflect the |
| Ann Arbor | | as a heart condition, cancer or | | individual circumstances of a risk. |
| Metairie | | diabetes. Conversely, if you were | | |
| Norwalk | | unhealthy when you acquired your | | Shock Loss: A catastrophic loss so |
| Lake Worth | | policy, and your health has now | | large that it has a material effect on |
| Clearwater | | improved, it might be time to shop for | | the underwriting results of a company. |
| Tuscaloosa | | a new policy, as your rates are likely | | |
| Hattiesburg | | to be lower. | | Gross Premium: The net premium |
| Quincy | | | | plus operating expenses, |
| Boulder | | Everyone has different needs, and | | commissions and other expenses. |
| Riverside | | not one size fits all when it comes to | | |
| Athens | | term life insurance. While it may make | | Examiner: An employee assigned by |
| Muskegon | | sense for people in their 30s and 40s | | the state insurance department to |
| Pasadena | | to secure a 20-year term length, a | | audit insurers' records. |
| Providence | | 10-year term might be more | | |
| Tallahassee | | appropriate for someone nearing | | Captive Agent: One who sells |
| Grand Prairie | | retirement. | | insurance for only one company as |
| Reno | | | | opposed to an agent who represents |
| Corpus Christi | | | | several companies. |
