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| Joliet | | Life insurance, specifically Term Life, | | Agent's Qualification Law: Education, |
| Hemet | | is arguably one of the best values in | | experience, and other requirements |
| Quincy | | the entire financial services arena. | | imposed by the state upon persons |
| Lancaster | | Where else can you go and get | | desiring to be licensed as agents. |
| Peoria | | hundreds of thousands of dollars in | | |
| Springfield | | protection for literally pennies per | | Nonadmitted Insurer: An insurer not |
| Youngstown | | day? Rates for Term Life insurance | | licensed to do business in the |
| Troy | | remain at all-time lows, and now is the | | jurisdiction in question. Same as |
| Burbank | | time to lock in the best prices. | | Unauthorized Insurer and Unlicensed |
| Palo Alto | | | | Insurer. |
| Sterling Heights | | Healthy people have the best | | |
| Providence | | mortality risks and thus are much | | Admitted (or Allowed) Assets: Assets |
| Little Rock | | cheaper for companies to insure. This | | whose values are permitted by state |
| Pittsburgh | | translates into lower rates for the | | law to be included in the annual |
| Newport Beach | | Super Preferred customer than | | statement of the insurer. |
| Salem | | someone with higher risk factors such | | |
| Palo Alto | | as a heart condition, cancer or | | Preferred Risk: Any risk considered |
| Warwick | | diabetes. Conversely, if you were | | to be better than the standard risk on |
| Augusta | | unhealthy when you acquired your | | which the premium rate was |
| Palo Alto | | policy, and your health has now | | calculated. |
| Dallas | | improved, it might be time to shop for | | |
| Cambridge | | a new policy, as your rates are likely | | Society of Insurance Research: An |
| Cypress | | to be lower. | | organization which encourages |
| Chicago | | | | insurance research and promotes the |
| Jasper | | If you decide to cancel your policy | | exchange of ideas and methods of |
| Ann Arbor | | (after acquiring new coverage) | | research. |
| Englewood | | outside of the 30-day period, you may | | |
| Wilmington | | have to pay a fee or penalty. | | Tickler: A reminder system used to |
| Bethlehem | | However, you may still save money | | call an individual's attention to actions |
| Quincy | | after paying the fee if your new policy | | that must be taken at a future point in |
| Oklahoma City | | affords you significant savings. So | | time. |
| Springfield | | while it is best to wait until your | | |
| Salt Lake City | | receive your renewal notice, you CAN | | Tariff Rate: A rate established by a |
| Troy | | cancel your policy at any time. | | rating organization, which comes from |
| Frederick | | | | the tables, schedules and rules found |
| Harlingen | | | | in the tariff of rates. |
