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| Lansing | | Individuals who have 30-year | | Initial Premium: An amount paid at the |
| Tucson | | mortgages might want to consider a | | inception of an insurance contract, |
| Seattle | | 30-year term to ensure that the house | | usually subject to adjustment at the |
| Westbury | | is protected throughout the period of | | end of the policy period. |
| Scottsdale | | the loan. | | |
| Santa Ana | | | | Liabilities: Money owed or expected |
| San Bernardino | | While some companies raise their | | to be owed. Insurance company |
| Columbia | | prices based on your actual age, | | financial statements, for instance, |
| Newark | | most companies increase the price of | | show assets and liabilities. |
| Charleston | | their policies six months before your | | |
| Brooklyn | | birthday. Its a term called Age | | Independent Agent: An agent |
| Baltimore | | Nearest in the industry, and that | | operating as an independent |
| Huntington Beach | | half-year price increase could really | | contractor under the independent |
| Stockton | | add up over a 20-year term policy. As | | agency system. |
| Boise | | above, the quicker you purchase your | | |
| Des Moines | | policy the better. | | Mutualization: The process of |
| Marietta | | | | converting a stock insurer to a mutual |
| Indianapolis | | If you have noticed that your auto | | insurer, accomplished by having the |
| Inglewood | | insurance rates are still increasing | | insurer buy stock and retire it. |
| Seattle | | with each renewal, or even have not | | |
| Carlsbad | | gone down even though you have a | | Gross Premium: The net premium |
| Salt Lake City | | great driving record, this lower pricing | | plus operating expenses, |
| Oakland | | trend makes it more important then | | commissions and other expenses. |
| Tampa | | ever that you shop around for auto | | |
| Anderson | | insurance. | | Notice of Cancellation: Written notice |
| Harlingen | | | | by an insurer of intent to cancel |
| Rockville | | Life insurance, specifically Term Life, | | insurance, or written notice by an |
| Henderson | | is arguably one of the best values in | | insured requesting cancellation. |
| Lakeland | | the entire financial services arena. | | |
| Jacksonville | | Where else can you go and get | | Claim Report: A report filed by an |
| Boca Raton | | hundreds of thousands of dollars in | | agent setting forth the facts of a claim. |
| Zanesville | | protection for literally pennies per | | Same as Loss Report. |
| Fort Worth | | day? Rates for Term Life insurance | | |
| Lawton | | remain at all-time lows, and now is the | | Appraisal: An evaluation of property |
| Florissant | | time to lock in the best prices. | | made to ascertain either the |
| Dubuque | | | | appropriate amount of insurance to |
| Montgomery | | | | be written or the amount of loss to be |
| Hickory | | | | paid. |
