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| Bronx | | If you decide to cancel your policy | | Agent's Qualification Law: Education, |
| Hot Springs | | (after acquiring new coverage) | | experience, and other requirements |
| Athens | | outside of the 30-day period, you may | | imposed by the state upon persons |
| San Antonio | | have to pay a fee or penalty. | | desiring to be licensed as agents. |
| Nashville | | However, you may still save money | | |
| Akron | | after paying the fee if your new policy | | Deflation: An economic period |
| Long Beach | | affords you significant savings. So | | characterized by falling prices, high |
| Cookeville | | while it is best to wait until your | | unemployment and a generally |
| Cape Coral | | receive your renewal notice, you CAN | | sluggish or slow economy. |
| Washington | | cancel your policy at any time. | | |
| Spring Hill | | | | Broker of Record: A broker who has |
| Costa Mesa | | Life insurance, specifically Term Life, | | been designated to handle certain |
| Escondido | | is arguably one of the best values in | | insurance contracts for the |
| Memphis | | the entire financial services arena. | | policyholder. |
| Evanston | | Where else can you go and get | | |
| South Bend | | hundreds of thousands of dollars in | | Gross Premium: The net premium |
| Cincinnati | | protection for literally pennies per | | plus operating expenses, |
| Mansfield | | day? Rates for Term Life insurance | | commissions and other expenses. |
| Albany | | remain at all-time lows, and now is the | | |
| Union | | time to lock in the best prices. | | Cut Rate: This term generally applies |
| Rome | | | | to insurance companies who charge |
| Palm Desert | | Healthy people have the best | | premiums below a normal or average |
| Newburgh | | mortality risks and thus are much | | rate. |
| Columbia | | cheaper for companies to insure. This | | |
| Huntsville | | translates into lower rates for the | | Multi-Peril Policies: Policies which |
| Santa Monica | | Super Preferred customer than | | cover a number of perils, such as fire, |
| Atlanta | | someone with higher risk factors such | | burglary, and liability, in a single |
| El Paso | | as a heart condition, cancer or | | contract. |
| Gaithersburg | | diabetes. Conversely, if you were | | |
| Austin | | unhealthy when you acquired your | | Divided Cover: The placing of |
| Flushing | | policy, and your health has now | | insurance on a given subject or |
| St. Louis | | improved, it might be time to shop for | | object with more than one insurer. |
| Franklin | | a new policy, as your rates are likely | | |
| Roanoke | | to be lower. | | Initial Premium: An amount paid at the |
| Kansas City | | | | inception of an insurance contract, |
| Morristown | | | | usually subject to adjustment at the |
| Waterloo | | | | end of the policy period. |
