| | | | |
|
| Davenport | | Life insurance, specifically Term Life, | | Agent's License: A certificate of |
| Des Moines | | is arguably one of the best values in | | authority from the state which permits |
| Anderson | | the entire financial services arena. | | the agent to conduct business. |
| Mesa | | Where else can you go and get | | |
| Aurora | | hundreds of thousands of dollars in | | Borderline Risk: An insurance |
| Stamford | | protection for literally pennies per | | prospect of doubtful quality from an |
| Naples | | day? Rates for Term Life insurance | | underwriting point of view. |
| Pompano Beach | | remain at all-time lows, and now is the | | |
| Yuma | | time to lock in the best prices. | | Underwriters Laboratories, Inc. (UL): A |
| Conroe | | | | testing laboratory for manufactured |
| Manchester | | Healthy people have the best | | items to determine their safety |
| Palo Alto | | mortality risks and thus are much | | propensities. |
| Warren | | cheaper for companies to insure. This | | |
| Rockville | | translates into lower rates for the | | Standard Industry Code (SIC): This is |
| Montgomery | | Super Preferred customer than | | a coding system which assigns |
| Elkhart | | someone with higher risk factors such | | separate codes for different types of |
| Indianapolis | | as a heart condition, cancer or | | industries. |
| Kingsport | | diabetes. Conversely, if you were | | |
| Lubbock | | unhealthy when you acquired your | | Lapsed Policy: One which has been |
| Cincinnati | | policy, and your health has now | | allowed to expire because of |
| Santa Ana | | improved, it might be time to shop for | | nonpayment of premiums. |
| Gainesville | | a new policy, as your rates are likely | | |
| Stockton | | to be lower. | | Minimum Premium: The smallest |
| Aurora | | | | amount of premium for which an |
| Pueblo | | Individuals who have 30-year | | insurer will issue coverage under a |
| Grand Rapids | | mortgages might want to consider a | | given policy. |
| Troy | | 30-year term to ensure that the house | | |
| Wichita | | is protected throughout the period of | | Net Loss: The amount of loss |
| Sacramento | | the loan. | | sustained by an insurer after giving |
| Jacksonville | | | | effect to all applicable reinsurance, |
| Biloxi | | Why not take advantage of current | | salvage, and subrogation recoveries. |
| Bloomington | | low prices? Many auto insurance | | |
| Jackson | | consumers are becoming educated | | Exclusions: Specific situations, |
| Muskegon | | on other companies, plans, and rates | | conditions, or circumstances that are |
| Pasadena | | that are available to them; ones that | | listed in the contract as being not |
| Spokane | | could afford them significant savings | | covered. |
| Houma | | on their auto insurance. | | |
