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| Spartanburg | | Make sure you have a new policy in | | Collusion: An agreement, usually |
| Rochester | | place before you cancel your old one | | secret, between two or more persons |
| Jackson | | to avoid a lapse in coverage. This will | | to defraud or deprive another or |
| Mobile | | also prevent having to figure out the | | others of their property or rights. |
| Malden | | amount of any unused premium that is | | |
| San Jose | | due to you from your old insurance | | Short-Term Policy: A policy written for |
| Fort Collins | | company, or having to spar with your | | a period of less time than is normal for |
| Phoenix | | agent about exactly when your policy | | that type of policy. |
| Minneapolis | | was cancelled and how much they | | |
| Youngstown | | owe you. | | Business: In Property, Liability, and |
| Cookeville | | | | Health lines, it usually refers to the |
| Cedar Rapids | | Life insurance, specifically Term Life, | | volume of premiums. |
| Toledo | | is arguably one of the best values in | | |
| Pittsburgh | | the entire financial services arena. | | Lapsed Policy: One which has been |
| Macon | | Where else can you go and get | | allowed to expire because of |
| Green Bay | | hundreds of thousands of dollars in | | nonpayment of premiums. |
| Bradenton | | protection for literally pennies per | | |
| Waco | | day? Rates for Term Life insurance | | Single Limit: Any insurance coverage |
| Scranton | | remain at all-time lows, and now is the | | which is expressed as a single |
| Springfield | | time to lock in the best prices. | | amount of insurance, or a single limit |
| Tyler | | | | of liability. Contrast with Split Limit. |
| San Diego | | While some companies raise their | | |
| Longwood | | prices based on your actual age, | | Nonadmitted Insurer: An insurer not |
| Westbury | | most companies increase the price of | | licensed to do business in the |
| Waterloo | | their policies six months before your | | jurisdiction in question. Same as |
| West Palm Beach | | birthday. Its a term called Age | | Unauthorized Insurer and Unlicensed |
| Pembroke Pines | | Nearest in the industry, and that | | Insurer. |
| Arlington | | half-year price increase could really | | |
| Burbank | | add up over a 20-year term policy. As | | Partnership Entity: The partnership |
| Harlingen | | above, the quicker you purchase your | | considered as an entity and not in |
| Gulfport | | policy the better. | | terms of its individual part-owners. |
