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| Brooklyn | | Life insurance, specifically Term Life, | | Examiner: An employee assigned by |
| Akron | | is arguably one of the best values in | | the state insurance department to |
| Reading | | the entire financial services arena. | | audit insurers' records. |
| Independence | | Where else can you go and get | | |
| Thousand Oaks | | hundreds of thousands of dollars in | | Leasehold: An agreement which |
| Coral Springs | | protection for literally pennies per | | gives a person the right to use and |
| Grand Junction | | day? Rates for Term Life insurance | | occupy property. |
| Salt Lake City | | remain at all-time lows, and now is the | | |
| Pittsburgh | | time to lock in the best prices. | | Claim Expense: The expense of |
| Syracuse | | | | adjusting a claim, such as |
| Alameda | | Make sure you have a new policy in | | investigation and attorneys' fees. It |
| Lafayette | | place before you cancel your old one | | does not include the cost of the claim |
| Poughkeepsie | | to avoid a lapse in coverage. This will | | itself. |
| Newark | | also prevent having to figure out the | | |
| Cape Coral | | amount of any unused premium that is | | Inspection: Independent checking on |
| Waco | | due to you from your old insurance | | facts about an applicant, |
| Warren | | company, or having to spar with your | | policyholder, or claimant, usually by a |
| Mobile | | agent about exactly when your policy | | commercial inspection agency. |
| Seattle | | was cancelled and how much they | | |
| Davenport | | owe you. | | Index Bureau Experience: A measure |
| Silver Spring | | | | of losses relating to claims reported |
| Williamsport | | Everyone has different needs, and | | through a claim office during a |
| Springfield | | not one size fits all when it comes to | | 12-month period. |
| New Port Richey | | term life insurance. While it may make | | |
| Honolulu | | sense for people in their 30s and 40s | | Net Interest Earned: The average |
| Dothan | | to secure a 20-year term length, a | | interest earned by an insurer on its |
| West Palm Beach | | 10-year term might be more | | investments after investment expense |
| Livonia | | appropriate for someone nearing | | but before federal income taxes. |
| Bethlehem | | retirement. | | |
| Belleville | | | | Independent Agent: An agent |
| Silver Spring | | The best time to switch policies is | | operating as an independent |
| Schenectady | | within one month of receiving your | | contractor under the independent |
| Santa Barbara | | policy renewal from your current | | agency system. |
| Gulfport | | insurer. You can typically cancel your | | |
| Chula Vista | | policy without any fees or penalties if | | |
| Delray Beach | | you act within this time period. | | |
