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| Newburgh | | If you decide to cancel your policy | | Legislative Risk: A risk faced by |
| Montgomery | | (after acquiring new coverage) | | investors whereby changes in tax |
| Billings | | outside of the 30-day period, you may | | laws can result in adverse effects on |
| Orange Park | | have to pay a fee or penalty. | | the individual's investment results. |
| El Cajon | | However, you may still save money | | |
| Lakewood | | after paying the fee if your new policy | | Valuation Clause: A clause stating the |
| Fullerton | | affords you significant savings. So | | value of items for insurance |
| New York | | while it is best to wait until your | | purposes, making it a valued policy. |
| Saginaw | | receive your renewal notice, you CAN | | |
| Sarasota | | cancel your policy at any time. | | Buy-Back" Deductible: A deductible |
| Memphis | | | | which may be eliminated for an |
| Stuart | | Healthy people have the best | | additional premium in order to |
| Alexandria | | mortality risks and thus are much | | provide "first-dollar" coverage. |
| San Diego | | cheaper for companies to insure. This | | |
| Knoxville | | translates into lower rates for the | | Domestic Insurer (or Company): An |
| Gaithersburg | | Super Preferred customer than | | insurer formed under the laws of the |
| Hot Springs | | someone with higher risk factors such | | state in which the insurance is written. |
| Memphis | | as a heart condition, cancer or | | |
| Clearwater | | diabetes. Conversely, if you were | | Countersignature: The signature of a |
| Clinton Township | | unhealthy when you acquired your | | licensed agent or representative on a |
| Stockton | | policy, and your health has now | | policy. |
| Springfield | | improved, it might be time to shop for | | |
| Flint | | a new policy, as your rates are likely | | You/Your: These words are used to |
| Hendersonville | | to be lower. | | refer to the named insured in many of |
| St. Paul | | | | the modernized/personalized policy |
| Wichita Falls | | The quickest and easiest way to | | forms. |
| Silver Spring | | shop for new insurance is by | | |
| Denver | | comparing rates at InsWebs online | | Agency Contract (or Agreement): The |
| Plano | | marketplace. If you do it the | | document which establishes the legal |
| Palo Alto | | old-fashioned way (by calling or | | relationship between an agent and an |
| Williamsburg | | visiting multiple agents or insurance | | insurer. |
| Frederick | | companies) it could take up a huge | | |
| New Port Richey | | chunk of your time, which no one | | Book Value: Refers to the value of |
| Mesa | | wants or needs. By completing | | assets as shown in the official |
| Staten Island | | InsWebs online application, you will | | accounting records of the company. |
| Bronx | | have rates to compare to your old | | |
| Sterling Heights | | ones within minutes! | | |
