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| Cincinnati | | Make sure you have a new policy in | | Professional Insurance Agents |
| Las Vegas | | place before you cancel your old one | | Association: A trade association of |
| Lorain | | to avoid a lapse in coverage. This will | | mutual insurance agents. |
| Anderson | | also prevent having to figure out the | | |
| Anaheim | | amount of any unused premium that is | | Notice of Cancellation: Written notice |
| Wilmington | | due to you from your old insurance | | by an insurer of intent to cancel |
| Decatur | | company, or having to spar with your | | insurance, or written notice by an |
| Elkhart | | agent about exactly when your policy | | insured requesting cancellation. |
| Youngstown | | was cancelled and how much they | | |
| Arlington | | owe you. | | Commingling: An illegal practice |
| Honolulu | | | | which occurs when an agent mixes |
| Abilene | | Everyone has different needs, and | | personal funds with the insured's or |
| Warren | | not one size fits all when it comes to | | insurer's funds. |
| Salem | | term life insurance. While it may make | | |
| West Chester | | sense for people in their 30s and 40s | | Claim Report: A report filed by an |
| Vancouver | | to secure a 20-year term length, a | | agent setting forth the facts of a claim. |
| St. Louis | | 10-year term might be more | | Same as Loss Report. |
| Santa Ana | | appropriate for someone nearing | | |
| Charleston | | retirement. | | Countersignature: The signature of a |
| Decatur | | | | licensed agent or representative on a |
| Metairie | | We offer quotes for auto insurance, | | policy. |
| Colorado Springs | | life insurance, homeowners | | |
| Huntington | | insurance, health insurance, term life | | Operating Expense: The expense of |
| Englewood | | insurance and more. | | an insurer other than commissions |
| Erie | | | | and taxes. Called " and Insurance |
| Memphis | | If you decide to cancel your policy | | Expense" in the convention statement |
| St. Louis | | (after acquiring new coverage) | | blank. |
| Greensboro | | outside of the 30-day period, you may | | |
| San Antonio | | have to pay a fee or penalty. | | Liquidity: The ability of an insurer to |
| Johnson City | | However, you may still save money | | convert its assets into cash to pay |
| Long Beach | | after paying the fee if your new policy | | claims if necessary. |
| Aurora | | affords you significant savings. So | | |
| Carlsbad | | while it is best to wait until your | | Underwriters Laboratories, Inc. (UL): A |
| Nashville | | receive your renewal notice, you CAN | | testing laboratory for manufactured |
| Belleville | | cancel your policy at any time. | | items to determine their safety |
| Orange | | | | propensities. |
