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| Cincinnati | | The best time to switch policies is | | License: A certification of authority for |
| Allentown | | within one month of receiving your | | an agent or insurer to operate, given |
| Gulfport | | policy renewal from your current | | by the appropriate jurisdiction. |
| Florissant | | insurer. You can typically cancel your | | |
| Ann Arbor | | policy without any fees or penalties if | | Claim: A demand made by the |
| Jackson | | you act within this time period. | | insured, or the insured's beneficiary, |
| Cincinnati | | | | for payment of the benefits provided |
| Green Bay | | Individuals who have 30-year | | by the contract. |
| Tyler | | mortgages might want to consider a | | |
| Hemet | | 30-year term to ensure that the house | | Building Code: This refers to |
| Pembroke Pines | | is protected throughout the period of | | municipal or other governmental |
| Schaumburg | | the loan. | | ordinances regulating the type of |
| Newport News | | | | construction of buildings within its |
| Warwick | | Everyone has different needs, and | | jurisdiction. |
| Flushing | | not one size fits all when it comes to | | |
| Grand Rapids | | term life insurance. While it may make | | FICA. Federal Insurance Contributions |
| Lake Charles | | sense for people in their 30s and 40s | | Act: A law imposing a payroll tax to |
| Bellevue | | to secure a 20-year term length, a | | assist in funding Social Security |
| Frederick | | 10-year term might be more | | benefits. |
| Norfolk | | appropriate for someone nearing | | |
| Santa Barbara | | retirement. | | Agent's Balance: A periodic |
| Tallahassee | | | | statement of the sums due and owed |
| Englewood | | If you decide to cancel your policy | | to an agent under the agent's contract |
| Greeley | | (after acquiring new coverage) | | with an insurer. |
| Tacoma | | outside of the 30-day period, you may | | |
| Redlands | | have to pay a fee or penalty. | | Book Value: Refers to the value of |
| Mesquite | | However, you may still save money | | assets as shown in the official |
| Spokane | | after paying the fee if your new policy | | accounting records of the company. |
| Clearwater | | affords you significant savings. So | | |
| Downey | | while it is best to wait until your | | Commercial Lines: This term is used |
| Madison | | receive your renewal notice, you CAN | | to refer to insurance for businesses, |
| Silver Spring | | cancel your policy at any time. | | professionals, and commercial |
| Topeka | | | | establishments. |
| New York | | Shopping around is the best way to | | |
| Stockton | | save money on your insurance. | | |
