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| Metairie | | Make sure you have a new policy in | | Legislative Risk: A risk faced by |
| Huntsville | | place before you cancel your old one | | investors whereby changes in tax |
| Troy | | to avoid a lapse in coverage. This will | | laws can result in adverse effects on |
| Asheville | | also prevent having to figure out the | | the individual's investment results. |
| Fayetteville | | amount of any unused premium that is | | |
| Decatur | | due to you from your old insurance | | Minimum Premium: The smallest |
| Scranton | | company, or having to spar with your | | amount of premium for which an |
| Spartanburg | | agent about exactly when your policy | | insurer will issue coverage under a |
| Cherry Hill | | was cancelled and how much they | | given policy. |
| Jonesboro | | owe you. | | |
| Hemet | | | | Mandatory Valuation Reserve: A |
| St. Louis | | Everyone has different needs, and | | reserve required by a state law to |
| Dothan | | not one size fits all when it comes to | | offset any declines in the valuation of |
| San Jose | | term life insurance. While it may make | | securities listed as admitted assets. |
| Springfield | | sense for people in their 30s and 40s | | |
| Clinton Township | | to secure a 20-year term length, a | | Effective Date: The date on which the |
| Waco | | 10-year term might be more | | protection of an insurance policy or |
| Pensacola | | appropriate for someone nearing | | bond goes into effect. |
| Harlingen | | retirement. | | |
| Lincoln | | | | Liabilities: Money owed or expected |
| Cookeville | | Healthy people have the best | | to be owed. Insurance company |
| El Paso | | mortality risks and thus are much | | financial statements, for instance, |
| Anderson | | cheaper for companies to insure. This | | show assets and liabilities. |
| Marietta | | translates into lower rates for the | | |
| Santa Monica | | Super Preferred customer than | | Partnership: A business enterprise |
| Worcester | | someone with higher risk factors such | | owned and operated by two or more |
| Frederick | | as a heart condition, cancer or | | persons for the purpose of generating |
| Marietta | | diabetes. Conversely, if you were | | business income and profits. |
| Mansfield | | unhealthy when you acquired your | | |
| Lafayette | | policy, and your health has now | | Multi-Peril Policies: Policies which |
| Lake Charles | | improved, it might be time to shop for | | cover a number of perils, such as fire, |
| Modesto | | a new policy, as your rates are likely | | burglary, and liability, in a single |
| Dearborn | | to be lower. | | contract. |
