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| Independence | | Shopping around is the best way to | | Nonassignable: A policy that the |
| Raleigh | | save money on your insurance. | | owner cannot assign to a third party. |
| Morristown | | | | Most policies are nonassignable |
| Anchorage | | Healthy people have the best | | unless approval is given by the |
| Allentown | | mortality risks and thus are much | | insurer. |
| Garland | | cheaper for companies to insure. This | | |
| Newark | | translates into lower rates for the | | Cash Flow Underwriting: The use of |
| Staten Island | | Super Preferred customer than | | rating and premium collection |
| Lake Worth | | someone with higher risk factors such | | techniques by insurance companies |
| Colorado Springs | | as a heart condition, cancer or | | to maximize interest earnings on |
| Palm Harbor | | diabetes. Conversely, if you were | | premiums. |
| Southfield | | unhealthy when you acquired your | | |
| Lorain | | policy, and your health has now | | Insurance Examiner: The |
| Acworth | | improved, it might be time to shop for | | representative of a state insurance |
| Quincy | | a new policy, as your rates are likely | | department assigned to participate in |
| Mansfield | | to be lower. | | the official audit and examination of |
| Belleville | | | | an insurer. |
| Salem | | Everyone has different needs, and | | |
| Huntington | | not one size fits all when it comes to | | Flat Cancellation: A policy which is |
| Downey | | term life insurance. While it may make | | cancelled upon its effective date. |
| Sarasota | | sense for people in their 30s and 40s | | Usually under a flat cancellation no |
| Toledo | | to secure a 20-year term length, a | | premium charge is made. |
| Baton Rouge | | 10-year term might be more | | |
| Berkeley | | appropriate for someone nearing | | License: A certification of authority for |
| Charleston | | retirement. | | an agent or insurer to operate, given |
| Athens | | | | by the appropriate jurisdiction. |
| Conroe | | Life insurance, specifically Term Life, | | |
| Chandler | | is arguably one of the best values in | | Commission of Authority: A document |
| Morristown | | the entire financial services arena. | | outlining the powers delegated to an |
| Newport News | | Where else can you go and get | | agent by an insurer. |
| Southfield | | hundreds of thousands of dollars in | | |
| Fort Worth | | protection for literally pennies per | | Lloyd's Broker: A person who has the |
| Trenton | | day? Rates for Term Life insurance | | authority to negotiate insurance |
| Monroe | | remain at all-time lows, and now is the | | contracts with the underwriters on the |
| Fayetteville | | time to lock in the best prices. | | floor at Lloyd's. |
