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| Bellevue | | If you have noticed that your auto | | Commission of Authority: A document |
| Oxnard | | insurance rates are still increasing | | outlining the powers delegated to an |
| Quincy | | with each renewal, or even have not | | agent by an insurer. |
| Sarasota | | gone down even though you have a | | |
| Irving | | great driving record, this lower pricing | | Underinsurance: A condition in which |
| Irving | | trend makes it more important then | | not enough insurance is carried to |
| Los Angeles | | ever that you shop around for auto | | cover the insurable value. |
| Akron | | insurance. | | |
| Bakersfield | | | | Standard Industry Code (SIC): This is |
| Jacksonville | | Everyone has different needs, and | | a coding system which assigns |
| Troy | | not one size fits all when it comes to | | separate codes for different types of |
| Fremont | | term life insurance. While it may make | | industries. |
| New Orleans | | sense for people in their 30s and 40s | | |
| Madison | | to secure a 20-year term length, a | | Short Rate Premium: The premium |
| Bethlehem | | 10-year term might be more | | required for issuing a policy for a |
| San Bernardino | | appropriate for someone nearing | | period less than its normal term. |
| Fort Lauderdale | | retirement. | | |
| White Plains | | | | Endorsement: A written or printed form |
| Fayetteville | | Life insurance, specifically Term Life, | | attached to the policy which alters |
| Franklin | | is arguably one of the best values in | | provisions of the contract. |
| Long Beach | | the entire financial services arena. | | |
| Canton | | Where else can you go and get | | Absolute Assignment: Assignment by |
| Rochester | | hundreds of thousands of dollars in | | a policy owner of all control of and |
| Cedar Rapids | | protection for literally pennies per | | rights in the policy to a third party. |
| Anchorage | | day? Rates for Term Life insurance | | |
| Springfield | | remain at all-time lows, and now is the | | Cut Rate: This term generally applies |
| Fayetteville | | time to lock in the best prices. | | to insurance companies who charge |
| Huntsville | | | | premiums below a normal or average |
| San Francisco | | Healthy people have the best | | rate. |
| El Cajon | | mortality risks and thus are much | | |
| Fall River | | cheaper for companies to insure. This | | Exclusion: A contractual provision that |
| Fremont | | translates into lower rates for the | | denies coverage for certain perils, |
| Henderson | | Super Preferred customer than | | persons, property, or locations. |
| Riverside | | someone with higher risk factors such | | |
| Lawrenceville | | as a heart condition, cancer or | | |
| Naples | | diabetes. Conversely, if you were | | |
| Lansing | | unhealthy when you acquired your | | |
| Biloxi | | policy, and your health has now | | |
| Worcester | | improved, it might be time to shop for | | |
| Abilene | | a new policy, as your rates are likely | | |
| Muskegon | | to be lower. | | |
