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| Stuart | | Individuals who have 30-year | | Other Insurance: The existence of |
| Duluth | | mortgages might want to consider a | | other contracts covering the same |
| Sumter | | 30-year term to ensure that the house | | interest and perils. |
| Kalamazoo | | is protected throughout the period of | | |
| Boston | | the loan. | | Basic Rate: The manual rate from |
| Charleston | | | | which discounts are taken or to which |
| Warren | | Everyone has different needs, and | | charges are added to reflect the |
| Washington | | not one size fits all when it comes to | | individual circumstances of a risk. |
| Winter Park | | term life insurance. While it may make | | |
| Cleveland | | sense for people in their 30s and 40s | | Foreign Insurer: An insurer domiciled |
| Muskegon | | to secure a 20-year term length, a | | in a state of the United States other |
| Fayetteville | | 10-year term might be more | | than the one in which the insured's |
| Fort Worth | | appropriate for someone nearing | | insurance is written. |
| Rockford | | retirement. | | |
| Hickory | | | | Mutualization: The process of |
| West Palm Beach | | Life insurance, specifically Term Life, | | converting a stock insurer to a mutual |
| Springfield | | is arguably one of the best values in | | insurer, accomplished by having the |
| Rome | | the entire financial services arena. | | insurer buy stock and retire it. |
| Boston | | Where else can you go and get | | |
| West Chester | | hundreds of thousands of dollars in | | Theory of Probability: The |
| Lafayette | | protection for literally pennies per | | mathematical principle upon which |
| Brooklyn | | day? Rates for Term Life insurance | | insurance is based. |
| New Port Richey | | remain at all-time lows, and now is the | | |
| Dothan | | time to lock in the best prices. | | Liquidity: The ability of an insurer to |
| Racine | | | | convert its assets into cash to pay |
| Harlingen | | The best time to switch policies is | | claims if necessary. |
| Hartford | | within one month of receiving your | | |
| New Orleans | | policy renewal from your current | | Independent Agent: An agent |
| Montgomery | | insurer. You can typically cancel your | | operating as an independent |
| Oklahoma City | | policy without any fees or penalties if | | contractor under the independent |
| Lansing | | you act within this time period. | | agency system. |