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| Greenville | | Healthy people have the best | | Effective Date: The date on which the |
| Greensboro | | mortality risks and thus are much | | protection of an insurance policy or |
| Irvine | | cheaper for companies to insure. This | | bond goes into effect. |
| Vancouver | | translates into lower rates for the | | |
| Palm Desert | | Super Preferred customer than | | Convention Values: Values assigned |
| Franklin | | someone with higher risk factors such | | to insurers' assets in the convention |
| San Diego | | as a heart condition, cancer or | | blank. |
| Shreveport | | diabetes. Conversely, if you were | | |
| Jasper | | unhealthy when you acquired your | | Premises: The particular location of |
| Tempe | | policy, and your health has now | | property or a portion thereof as |
| Clinton Township | | improved, it might be time to shop for | | designated in a policy. |
| New Orleans | | a new policy, as your rates are likely | | |
| Jackson | | to be lower. | | Premium: The price of insurance |
| Lake Worth | | | | protection for a specified risk for a |
| Panama City | | Everyone has different needs, and | | specified period of time. |
| Rockville | | not one size fits all when it comes to | | |
| Miami | | term life insurance. While it may make | | Agent's Balance: A periodic |
| Grand Rapids | | sense for people in their 30s and 40s | | statement of the sums due and owed |
| Panama City | | to secure a 20-year term length, a | | to an agent under the agent's contract |
| Milwaukee | | 10-year term might be more | | with an insurer. |
| Bellevue | | appropriate for someone nearing | | |
| Ventura | | retirement. | | Insurance to Value: Insurance written |
| Mesquite | | | | in an amount approximating the value |
| Schenectady | | The best time to switch policies is | | of the property insured. |
| Odessa | | within one month of receiving your | | |
| Tacoma | | policy renewal from your current | | Agency Contract (or Agreement): The |
| Mobile | | insurer. You can typically cancel your | | document which establishes the legal |
| Union | | policy without any fees or penalties if | | relationship between an agent and an |
| Oakland | | you act within this time period. | | insurer. |
