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| Walnut Creek | | While some companies raise their | | Renewal: The reestablishment of the |
| Ann Arbor | | prices based on your actual age, | | in-force status of a policy, the term of |
| Longwood | | most companies increase the price of | | which has expired or will expire |
| Alpharetta | | their policies six months before your | | unless it is renewed. |
| Plano | | birthday. Its a term called Age | | |
| Detroit | | Nearest in the industry, and that | | Agency Contract (or Agreement): The |
| Columbia | | half-year price increase could really | | document which establishes the legal |
| Burbank | | add up over a 20-year term policy. As | | relationship between an agent and an |
| Jasper | | above, the quicker you purchase your | | insurer. |
| Scottsdale | | policy the better. | | |
| Slidell | | | | Claim Expense: The expense of |
| Lorain | | Why not take advantage of current | | adjusting a claim, such as |
| Inglewood | | low prices? Many auto insurance | | investigation and attorneys' fees. It |
| Cambridge | | consumers are becoming educated | | does not include the cost of the claim |
| Council Bluffs | | on other companies, plans, and rates | | itself. |
| Chesapeake | | that are available to them; ones that | | |
| Waterloo | | could afford them significant savings | | Earned Income: The money |
| Chicago | | on their auto insurance. | | individuals earn as a result of working |
| Modesto | | | | at some job or occupation for which |
| Lexington | | Make sure you have a new policy in | | they are paid a salary. |
| Birmingham | | place before you cancel your old one | | |
| Riverside | | to avoid a lapse in coverage. This will | | Federal Deposit Insurance |
| South Bend | | also prevent having to figure out the | | Corporation (FDIC): An agency of the |
| Santa Clara | | amount of any unused premium that is | | federal government which insures |
| Tempe | | due to you from your old insurance | | bank deposits up to a stated |
| Daytona Beach | | company, or having to spar with your | | maximum. |
| Rome | | agent about exactly when your policy | | |
| Spokane | | was cancelled and how much they | | Agent's Qualification Law: Education, |
| Toledo | | owe you. | | experience, and other requirements |
| Albany | | | | imposed by the state upon persons |
| Louisville | | Everyone has different needs, and | | desiring to be licensed as agents. |
| Quincy | | not one size fits all when it comes to | | |
| Olympia | | term life insurance. While it may make | | Business: In Property, Liability, and |
| Rockville | | sense for people in their 30s and 40s | | Health lines, it usually refers to the |
| Mesquite | | to secure a 20-year term length, a | | volume of premiums. |
| Fort Lauderdale | | 10-year term might be more | | |
| Greensboro | | appropriate for someone nearing | | |
| Schaumburg | | retirement. | | |
