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| Palo Alto | | Everyone has different needs, and | | Fiduciary: A person holding the funds |
| Jacksonville | | not one size fits all when it comes to | | or property of another in a position of |
| Zanesville | | term life insurance. While it may make | | trust. An example would be the |
| Longwood | | sense for people in their 30s and 40s | | executor of an estate. |
| Stockton | | to secure a 20-year term length, a | | |
| Cincinnati | | 10-year term might be more | | Premium Notice: A form notice from |
| Panama City | | appropriate for someone nearing | | an insurer or agency to a policy |
| Edmond | | retirement. | | owner that a premium will be due on a |
| Indianapolis | | | | given date. |
| Jackson | | Make sure you have a new policy in | | |
| Littleton | | place before you cancel your old one | | Short Rate Premium: The premium |
| Fullerton | | to avoid a lapse in coverage. This will | | required for issuing a policy for a |
| Stockbridge | | also prevent having to figure out the | | period less than its normal term. |
| Muskegon | | amount of any unused premium that is | | |
| Turlock | | due to you from your old insurance | | Mutualization: The process of |
| Lowell | | company, or having to spar with your | | converting a stock insurer to a mutual |
| Santa Rosa | | agent about exactly when your policy | | insurer, accomplished by having the |
| Newburgh | | was cancelled and how much they | | insurer buy stock and retire it. |
| Boston | | owe you. | | |
| Roanoke | | | | Capital Sum: The maximum lump sum |
| Rapid City | | Why not take advantage of current | | payable in the event of accidental |
| Springfield | | low prices? Many auto insurance | | death or dismemberment. |
| Longwood | | consumers are becoming educated | | |
| Newark | | on other companies, plans, and rates | | Accident Year Experience: Measures |
| Portland | | that are available to them; ones that | | premiums and losses relating to |
| Melbourne | | could afford them significant savings | | accidents which occurred during a |
| Lincoln | | on their auto insurance. | | 12-month period. |
