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| Fredericksburg | | Individuals who have 30-year | | Agency Contract (or Agreement): The |
| Belleville | | mortgages might want to consider a | | document which establishes the legal |
| Duluth | | 30-year term to ensure that the house | | relationship between an agent and an |
| Grand Junction | | is protected throughout the period of | | insurer. |
| Houston | | the loan. | | |
| Jackson | | | | Preferred Risk: Any risk considered |
| Orange Park | | Everyone has different needs, and | | to be better than the standard risk on |
| Englewood | | not one size fits all when it comes to | | which the premium rate was |
| Kingsport | | term life insurance. While it may make | | calculated. |
| Sioux Falls | | sense for people in their 30s and 40s | | |
| Lawrenceville | | to secure a 20-year term length, a | | Not Taken: Policies applied for and |
| Decatur | | 10-year term might be more | | issued but rejected by the proposed |
| Peoria | | appropriate for someone nearing | | owner and not paid for. |
| Amarillo | | retirement. | | |
| Cypress | | | | Indemnify: To restore the victim of a |
| Philadelphia | | If you decide to cancel your policy | | loss to the same position as before |
| Erie | | (after acquiring new coverage) | | the loss occurred. |
| Wichita Falls | | outside of the 30-day period, you may | | |
| Slidell | | have to pay a fee or penalty. | | We/Us/Our: These words are used to |
| Roanoke | | However, you may still save money | | refer to the insurer in many of the |
| Salem | | after paying the fee if your new policy | | modernized/personalized policy |
| Fayetteville | | affords you significant savings. So | | forms recently introduced. |
| Clinton Township | | while it is best to wait until your | | |
| Poughkeepsie | | receive your renewal notice, you CAN | | Agency: An insurance sales office |
| Dubuque | | cancel your policy at any time. | | which is directed by a agent, |
| Muncie | | | | manager, independent agent, or |
| Boston | | Healthy people have the best | | company manager. |
| Franklin | | mortality risks and thus are much | | |
| Lexington | | cheaper for companies to insure. This | | Equity: The money value of an |
| Clearwater | | translates into lower rates for the | | insurance company that is over and |
| Springfield | | Super Preferred customer than | | above its liabilities. Liabilities include |
| New York | | someone with higher risk factors such | | almost all of its reserves. |
| Denton | | as a heart condition, cancer or | | |
| Henderson | | diabetes. Conversely, if you were | | Notice To Company: Written notice to |
| Amarillo | | unhealthy when you acquired your | | an insurer of the occurrence of an |
| Tyler | | policy, and your health has now | | event which a claim is to be based. |
| San Francisco | | improved, it might be time to shop for | | |
| El Cajon | | a new policy, as your rates are likely | | |
| Lafayette | | to be lower. | | |
