| | | | |
|
| Fresno | | Life insurance, specifically Term Life, | | Level Commission System: A system |
| El Paso | | is arguably one of the best values in | | of commissions in which the first year |
| Des Moines | | the entire financial services arena. | | and all renewal commissions are the |
| Cincinnati | | Where else can you go and get | | same percentage of the premium. |
| Omaha | | hundreds of thousands of dollars in | | |
| Portland | | protection for literally pennies per | | Agent's License: A certificate of |
| Acworth | | day? Rates for Term Life insurance | | authority from the state which permits |
| Seattle | | remain at all-time lows, and now is the | | the agent to conduct business. |
| Lowell | | time to lock in the best prices. | | |
| Huntington | | | | Approved: The condition which exists |
| Austin | | Individuals who have 30-year | | when the person or object to be |
| Lawton | | mortgages might want to consider a | | insured meets the underwriting |
| Lake Worth | | 30-year term to ensure that the house | | standards of the insurer. |
| Orange Park | | is protected throughout the period of | | |
| Scranton | | the loan. | | Partial Loss: A loss covered by an |
| Newport Beach | | | | insurance policy which does not |
| Bayside | | People who are trying to quit | | completely destroy or render |
| Burbank | | smoking, for example, might be best | | worthless the insured property. |
| Sunnyvale | | suited purchasing a shorter term (and | | |
| Jackson | | then replacing it with a longer term | | Criticism: A correction suggested by a |
| Glendale | | policy when they qualify for | | rating or auditing bureau to an insurer. |
| Valdosta | | non-tobacco prices). | | |
| Manchester | | | | Gross Premium: The net premium |
| Irving | | Healthy people have the best | | plus operating expenses, |
| Birmingham | | mortality risks and thus are much | | commissions and other expenses. |
| Wichita Falls | | cheaper for companies to insure. This | | |
| Silver Spring | | translates into lower rates for the | | Substandard Risk: A risk not |
| Ocala | | Super Preferred customer than | | measuring up to underwriting |
| Stamford | | someone with higher risk factors such | | standards. It may still be written but |
| Daytona Beach | | as a heart condition, cancer or | | usually at a surcharged premium. |
| Longwood | | diabetes. Conversely, if you were | | |
| Daytona Beach | | unhealthy when you acquired your | | Earned Income: The money |
| Boston | | policy, and your health has now | | individuals earn as a result of working |
| Erie | | improved, it might be time to shop for | | at some job or occupation for which |
| Fresno | | a new policy, as your rates are likely | | they are paid a salary. |
| Arlington | | to be lower. | | |
