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| Little Rock | | While some companies raise their | | Commercial Lines: This term is used |
| Lafayette | | prices based on your actual age, | | to refer to insurance for businesses, |
| Santa Monica | | most companies increase the price of | | professionals, and commercial |
| Monroe | | their policies six months before your | | establishments. |
| Wilmington | | birthday. Its a term called Age | | |
| Sumter | | Nearest in the industry, and that | | Valuation Clause: A clause stating the |
| Muskegon | | half-year price increase could really | | value of items for insurance |
| Monroe | | add up over a 20-year term policy. As | | purposes, making it a valued policy. |
| Oakland | | above, the quicker you purchase your | | |
| Boca Raton | | policy the better. | | Effective Date: The date on which the |
| Bellevue | | | | protection of an insurance policy or |
| Seattle | | Everyone has different needs, and | | bond goes into effect. |
| Jackson | | not one size fits all when it comes to | | |
| Naples | | term life insurance. While it may make | | Index Bureau Experience: A measure |
| Rockville | | sense for people in their 30s and 40s | | of losses relating to claims reported |
| Kansas City | | to secure a 20-year term length, a | | through a claim office during a |
| Palm Desert | | 10-year term might be more | | 12-month period. |
| Lexington | | appropriate for someone nearing | | |
| Amarillo | | retirement. | | Flat Cancellation: A policy which is |
| Phoenix | | | | cancelled upon its effective date. |
| Santa Ana | | Shopping around is the best way to | | Usually under a flat cancellation no |
| Augusta | | save money on your insurance. | | premium charge is made. |
