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| Modesto | | Everyone has different needs, and | | Mandatory Valuation Reserve: A |
| Torrance | | not one size fits all when it comes to | | reserve required by a state law to |
| Santa Clara | | term life insurance. While it may make | | offset any declines in the valuation of |
| Lincoln | | sense for people in their 30s and 40s | | securities listed as admitted assets. |
| Davenport | | to secure a 20-year term length, a | | |
| Yonkers | | 10-year term might be more | | Minimum Premium: The smallest |
| Valdosta | | appropriate for someone nearing | | amount of premium for which an |
| Monroe | | retirement. | | insurer will issue coverage under a |
| Myrtle Beach | | | | given policy. |
| Augusta | | At InsWeb, you can compare free | | |
| Johnstown | | online insurance quotes from many of | | Sherman Antitrust Act: An antitrust law |
| Thousand Oaks | | the nations leading insurance | | from which insurance is exempted to |
| Troy | | companies. | | the extent that it is regulated by state |
| Tampa | | | | law. |
| Spokane | | Make sure you have a new policy in | | |
| Owensboro | | place before you cancel your old one | | Losses Incurred: The total losses, |
| Independence | | to avoid a lapse in coverage. This will | | whether paid or not, sustained by an |
| Atlanta | | also prevent having to figure out the | | insurer during a given period, e.g., 12 |
| Denver | | amount of any unused premium that is | | months. |
| Acworth | | due to you from your old insurance | | |
| Jackson | | company, or having to spar with your | | Depreciation: A decrease in the value |
| Stockbridge | | agent about exactly when your policy | | of any type of tangible property over |
| Cherry Hill | | was cancelled and how much they | | a period of time resulting from use, |
| Topeka | | owe you. | | wear and tear, or obsolescence. |
