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| Winter Park | | The quickest and easiest way to | | Commercial Lines: This term is used |
| Rome | | shop for new insurance is by | | to refer to insurance for businesses, |
| El Paso | | comparing rates at InsWebs online | | professionals, and commercial |
| Garland | | marketplace. If you do it the | | establishments. |
| Lancaster | | old-fashioned way (by calling or | | |
| Longmont | | visiting multiple agents or insurance | | Agency Company: An insurance |
| Augusta | | companies) it could take up a huge | | company that produces business |
| West Chester | | chunk of your time, which no one | | through an agency network. Contrast |
| Joliet | | wants or needs. By completing | | with Direct Writer. |
| Gulfport | | InsWebs online application, you will | | |
| Palm Desert | | have rates to compare to your old | | Net Retention: The amount of |
| Jackson | | ones within minutes! | | insurance that a ceding company |
| Lowell | | | | keeps for its own account and does |
| North Hollywood | | Life insurance, specifically Term Life, | | not reinsure. |
| Vineland | | is arguably one of the best values in | | |
| Tempe | | the entire financial services arena. | | FICA. Federal Insurance Contributions |
| Conroe | | Where else can you go and get | | Act: A law imposing a payroll tax to |
| Chattanooga | | hundreds of thousands of dollars in | | assist in funding Social Security |
| Wilmington | | protection for literally pennies per | | benefits. |
| Denton | | day? Rates for Term Life insurance | | |
| Jackson | | remain at all-time lows, and now is the | | Fictitious Groups: Groups formed |
| Olympia | | time to lock in the best prices. | | primarily for the purpose of buying |
| Fort Lauderdale | | | | insurance. Under the law such groups |
| Akron | | People who are trying to quit | | may not be underwritten. |
| Independence | | smoking, for example, might be best | | |
| Las Cruces | | suited purchasing a shorter term (and | | Book Value: Refers to the value of |
| Canton | | then replacing it with a longer term | | assets as shown in the official |
| Edison | | policy when they qualify for | | accounting records of the company. |
| Livonia | | non-tobacco prices). | | |
| Topeka | | | | Policy Anniversary: The anniversary |
| Cherry Hill | | Everyone has different needs, and | | of the date of issue of a policy as |
| Trenton | | not one size fits all when it comes to | | shown in the policy declarations. |
| Dayton | | term life insurance. While it may make | | |
| Omaha | | sense for people in their 30s and 40s | | Premises: The particular location of |
| Durham | | to secure a 20-year term length, a | | property or a portion thereof as |
| Rochester | | 10-year term might be more | | designated in a policy. |
| Livonia | | appropriate for someone nearing | | |
| Mesa | | retirement. | | |
