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| Quincy | | Everyone has different needs, and | | Premium Notice: A form notice from |
| Midland | | not one size fits all when it comes to | | an insurer or agency to a policy |
| Toledo | | term life insurance. While it may make | | owner that a premium will be due on a |
| Virginia Beach | | sense for people in their 30s and 40s | | given date. |
| Fort Smith | | to secure a 20-year term length, a | | |
| Reading | | 10-year term might be more | | Interline Endorsement: Commercial |
| Bay City | | appropriate for someone nearing | | endorsements that apply, or could |
| Huntsville | | retirement. | | apply, to more than one coverage |
| Tuscaloosa | | | | part of a package policy. |
| Dearborn | | Why not take advantage of current | | |
| Edmond | | low prices? Many auto insurance | | Agent's License: A certificate of |
| Lakewood | | consumers are becoming educated | | authority from the state which permits |
| Jackson | | on other companies, plans, and rates | | the agent to conduct business. |
| Fayetteville | | that are available to them; ones that | | |
| Hampton | | could afford them significant savings | | Expense Allowance: A compensation |
| Fort Wayne | | on their auto insurance. | | paid to an insurance agent in excess |
| Oklahoma City | | | | of prescribed commissions. |
| Pittsburgh | | If you decide to cancel your policy | | |
| Boynton Beach | | (after acquiring new coverage) | | Monoline Policy: Any insurance |
| Winter Haven | | outside of the 30-day period, you may | | coverage written as a single line |
| Norwalk | | have to pay a fee or penalty. | | policy. Contrast with Multiple Line or |
| Jackson | | However, you may still save money | | Package policy. |
| Lexington | | after paying the fee if your new policy | | |
| Brooklyn | | affords you significant savings. So | | Book Value: Refers to the value of |
| Lima | | while it is best to wait until your | | assets as shown in the official |
| Lancaster | | receive your renewal notice, you CAN | | accounting records of the company. |
| Quincy | | cancel your policy at any time. | | |
| Edison | | | | Accident Year Experience: Measures |
| Mansfield | | Make sure you have a new policy in | | premiums and losses relating to |
| Colorado Springs | | place before you cancel your old one | | accidents which occurred during a |
| Knoxville | | to avoid a lapse in coverage. This will | | 12-month period. |
| Huntington | | also prevent having to figure out the | | |
| Wilmington | | amount of any unused premium that is | | Replacement: A new policy written to |
| Flushing | | due to you from your old insurance | | take the place of one currently in force. |
| Lincoln | | company, or having to spar with your | | |
| Columbus | | agent about exactly when your policy | | |
| Pensacola | | was cancelled and how much they | | |
| Tampa | | owe you. | | |
