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| Evansville | | If you decide to cancel your policy | | Countersignature: The signature of a |
| Union | | (after acquiring new coverage) | | licensed agent or representative on a |
| El Paso | | outside of the 30-day period, you may | | policy. |
| Warren | | have to pay a fee or penalty. | | |
| San Francisco | | However, you may still save money | | Cash Flow Underwriting: The use of |
| Turlock | | after paying the fee if your new policy | | rating and premium collection |
| Anaheim | | affords you significant savings. So | | techniques by insurance companies |
| Washington | | while it is best to wait until your | | to maximize interest earnings on |
| Evansville | | receive your renewal notice, you CAN | | premiums. |
| Norwalk | | cancel your policy at any time. | | |
| Carlsbad | | | | First Party Insurance: Insurance which |
| Portland | | Shopping around is the best way to | | applies to coverage for the insured's |
| El Paso | | save money on your insurance. | | own property or person. Contrast with |
| Columbus | | | | Third Party Insurance. |
| Greenville | | The best time to switch policies is | | |
| Ocala | | within one month of receiving your | | Equity: The money value of an |
| Reading | | policy renewal from your current | | insurance company that is over and |
| Orange Park | | insurer. You can typically cancel your | | above its liabilities. Liabilities include |
| Tuscaloosa | | policy without any fees or penalties if | | almost all of its reserves. |
| Hot Springs | | you act within this time period. | | |
| Costa Mesa | | | | Federal Deposit Insurance |
| Chattanooga | | Life insurance, specifically Term Life, | | Corporation (FDIC): An agency of the |
| Rochester | | is arguably one of the best values in | | federal government which insures |
| Sioux Falls | | the entire financial services arena. | | bank deposits up to a stated |
| Jackson | | Where else can you go and get | | maximum. |
| Grand Rapids | | hundreds of thousands of dollars in | | |
| Salt Lake City | | protection for literally pennies per | | Gross Line: The total limit accepted |
| Tyler | | day? Rates for Term Life insurance | | by an insurer on an individual risk, |
| Cherry Hill | | remain at all-time lows, and now is the | | including the amount to be reinsured. |
| Virginia Beach | | time to lock in the best prices. | | |
| Fort Wayne | | | | Tabular Plan: A retrospective rating |
| Montgomery | | While some companies raise their | | plan, which uses tables to furnish the |
| Macon | | prices based on your actual age, | | various values for the rating formula. |
| Tucson | | most companies increase the price of | | |
| Orlando | | their policies six months before your | | |
| Lubbock | | birthday. Its a term called Age | | |
| Peoria | | Nearest in the industry, and that | | |
| Mesa | | half-year price increase could really | | |
| Santa Monica | | add up over a 20-year term policy. As | | |
| Lake Charles | | above, the quicker you purchase your | | |
| Dothan | | policy the better. | | |
