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| Charleston | | Shopping around is the best way to | | Deductible: The portion of an insured |
| Fredericksburg | | save money on your insurance. | | loss to be borne by the insured |
| Rochester | | | | before he is entitled to recovery from |
| Rockville | | The quickest and easiest way to | | the insurer. |
| Winter Park | | shop for new insurance is by | | |
| New Orleans | | comparing rates at InsWebs online | | Mandatory Valuation Reserve: A |
| Dayton | | marketplace. If you do it the | | reserve required by a state law to |
| Cleveland | | old-fashioned way (by calling or | | offset any declines in the valuation of |
| Olympia | | visiting multiple agents or insurance | | securities listed as admitted assets. |
| Anaheim | | companies) it could take up a huge | | |
| Anaheim | | chunk of your time, which no one | | Cut Rate: This term generally applies |
| Sacramento | | wants or needs. By completing | | to insurance companies who charge |
| Quincy | | InsWebs online application, you will | | premiums below a normal or average |
| Jasper | | have rates to compare to your old | | rate. |
| Edmond | | ones within minutes! | | |
| Lubbock | | | | Criticism: A correction suggested by a |
| Flint | | Life insurance, specifically Term Life, | | rating or auditing bureau to an insurer. |
| Newport Beach | | is arguably one of the best values in | | |
| North Hollywood | | the entire financial services arena. | | Independent Contractor: One who |
| Edmond | | Where else can you go and get | | agrees to perform according to a |
| Franklin | | hundreds of thousands of dollars in | | contract and who is not an employee. |
| Nashville | | protection for literally pennies per | | |
| Elkhart | | day? Rates for Term Life insurance | | FICA. Federal Insurance Contributions |
| Lincoln | | remain at all-time lows, and now is the | | Act: A law imposing a payroll tax to |
| Trenton | | time to lock in the best prices. | | assist in funding Social Security |
| Grand Junction | | | | benefits. |
| Spokane | | Individuals who have 30-year | | |
| Springfield | | mortgages might want to consider a | | Producer: A term applied to an agent, |
| Berkeley | | 30-year term to ensure that the house | | solicitor or other person who sells |
| Reno | | is protected throughout the period of | | insurance. |
| Stuart | | the loan. | | |
| Olympia | | | | Gross Premium: The net premium |
| Toms River | | Make sure you have a new policy in | | plus operating expenses, |
| San Bernardino | | place before you cancel your old one | | commissions and other expenses. |
| Long Beach | | to avoid a lapse in coverage. This will | | |
| Clearwater | | also prevent having to figure out the | | |
| Decatur | | amount of any unused premium that is | | |
| Raleigh | | due to you from your old insurance | | |
| Kansas City | | company, or having to spar with your | | |
| Rome | | agent about exactly when your policy | | |
| Detroit | | was cancelled and how much they | | |
| Anderson | | owe you. | | |
