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| Norwalk | | Individuals who have 30-year | | Shock Loss: A catastrophic loss so |
| Spokane | | mortgages might want to consider a | | large that it has a material effect on |
| Owensboro | | 30-year term to ensure that the house | | the underwriting results of a company. |
| Oxnard | | is protected throughout the period of | | |
| Melbourne | | the loan. | | Short-Term Policy: A policy written for |
| Duluth | | | | a period of less time than is normal for |
| Omaha | | Make sure you have a new policy in | | that type of policy. |
| Houston | | place before you cancel your old one | | |
| Rockville | | to avoid a lapse in coverage. This will | | Commercial Lines: This term is used |
| Durham | | also prevent having to figure out the | | to refer to insurance for businesses, |
| Pasadena | | amount of any unused premium that is | | professionals, and commercial |
| Torrance | | due to you from your old insurance | | establishments. |
| Youngstown | | company, or having to spar with your | | |
| Huntsville | | agent about exactly when your policy | | Calendar Year Experience: This |
| Indianapolis | | was cancelled and how much they | | measures the premiums and losses |
| Buffalo | | owe you. | | entered on accounting records during |
| Alpharetta | | | | the 12-month calendar. |
| Jacksonville | | We offer quotes for auto insurance, | | |
| Dearborn | | life insurance, homeowners | | Equity: The money value of an |
| Newark | | insurance, health insurance, term life | | insurance company that is over and |
| Warren | | insurance and more. | | above its liabilities. Liabilities include |
| Escondido | | | | almost all of its reserves. |
| Marietta | | People who are trying to quit | | |
| Naperville | | smoking, for example, might be best | | Legislative Risk: A risk faced by |
| Anchorage | | suited purchasing a shorter term (and | | investors whereby changes in tax |
| Sterling Heights | | then replacing it with a longer term | | laws can result in adverse effects on |
| Bakersfield | | policy when they qualify for | | the individual's investment results. |
| Erie | | non-tobacco prices). | | |
| Bloomington | | | | Examiner: An employee assigned by |
| Eugene | | Healthy people have the best | | the state insurance department to |
| Redlands | | mortality risks and thus are much | | audit insurers' records. |
| York | | cheaper for companies to insure. This | | |
| Bay City | | translates into lower rates for the | | Independent Contractor: One who |
| Alexandria | | Super Preferred customer than | | agrees to perform according to a |
| Garland | | someone with higher risk factors such | | contract and who is not an employee. |
| Sioux City | | as a heart condition, cancer or | | |
| Abilene | | diabetes. Conversely, if you were | | |
| Charlotte | | unhealthy when you acquired your | | |
| Rockville | | policy, and your health has now | | |
| El Paso | | improved, it might be time to shop for | | |
| Rockford | | a new policy, as your rates are likely | | |
| Hartford | | to be lower. | | |
