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| Greeley | | The best time to switch policies is | | Admitted Company: An insurance |
| Mansfield | | within one month of receiving your | | company authorized and licensed to |
| Silver Spring | | policy renewal from your current | | do business in a given state. |
| Mesa | | insurer. You can typically cancel your | | |
| Philadelphia | | policy without any fees or penalties if | | Shock Loss: A catastrophic loss so |
| Bay City | | you act within this time period. | | large that it has a material effect on |
| Fort Wayne | | | | the underwriting results of a company. |
| Memphis | | Healthy people have the best | | |
| Mountain View | | mortality risks and thus are much | | Society of Insurance Research: An |
| Savannah | | cheaper for companies to insure. This | | organization which encourages |
| Stockbridge | | translates into lower rates for the | | insurance research and promotes the |
| Dayton | | Super Preferred customer than | | exchange of ideas and methods of |
| Vero Beach | | someone with higher risk factors such | | research. |
| Newport News | | as a heart condition, cancer or | | |
| Mobile | | diabetes. Conversely, if you were | | Borderline Risk: An insurance |
| Grand Rapids | | unhealthy when you acquired your | | prospect of doubtful quality from an |
| Clarksville | | policy, and your health has now | | underwriting point of view. |
| Sunnyvale | | improved, it might be time to shop for | | |
| Cincinnati | | a new policy, as your rates are likely | | License: A certification of authority for |
| El Paso | | to be lower. | | an agent or insurer to operate, given |
| Boulder | | | | by the appropriate jurisdiction. |
| Erie | | People who are trying to quit | | |
| Myrtle Beach | | smoking, for example, might be best | | Effective Date: The date on which the |
| Dallas | | suited purchasing a shorter term (and | | protection of an insurance policy or |
| Lake Worth | | then replacing it with a longer term | | bond goes into effect. |
| Boston | | policy when they qualify for | | |
| Knoxville | | non-tobacco prices). | | Net Retention: The amount of |
| Inglewood | | | | insurance that a ceding company |
| Orlando | | Life insurance, specifically Term Life, | | keeps for its own account and does |
| Midland | | is arguably one of the best values in | | not reinsure. |
| Fort Collins | | the entire financial services arena. | | |
| Evanston | | Where else can you go and get | | Not Taken: Policies applied for and |
| Reno | | hundreds of thousands of dollars in | | issued but rejected by the proposed |
| Birmingham | | protection for literally pennies per | | owner and not paid for. |
| Corpus Christi | | day? Rates for Term Life insurance | | |
| Edmond | | remain at all-time lows, and now is the | | |
| Naperville | | time to lock in the best prices. | | |
