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| Las Cruces | | Everyone has different needs, and | | Effective Date: The date on which the |
| Rochester | | not one size fits all when it comes to | | protection of an insurance policy or |
| El Cajon | | term life insurance. While it may make | | bond goes into effect. |
| Sacramento | | sense for people in their 30s and 40s | | |
| Cherry Hill | | to secure a 20-year term length, a | | Producer: A term applied to an agent, |
| Monroe | | 10-year term might be more | | solicitor or other person who sells |
| Sunnyvale | | appropriate for someone nearing | | insurance. |
| Minneapolis | | retirement. | | |
| Stockbridge | | | | Convention Values: Values assigned |
| Owensboro | | We offer quotes for auto insurance, | | to insurers' assets in the convention |
| Alexandria | | life insurance, homeowners | | blank. |
| Lexington | | insurance, health insurance, term life | | |
| Seattle | | insurance and more. | | Level Commission System: A system |
| New York | | | | of commissions in which the first year |
| Littleton | | If you decide to cancel your policy | | and all renewal commissions are the |
| Flint | | (after acquiring new coverage) | | same percentage of the premium. |
| Flint | | outside of the 30-day period, you may | | |
| Boulder | | have to pay a fee or penalty. | | Mutualization: The process of |
| Richmond | | However, you may still save money | | converting a stock insurer to a mutual |
| Dearborn | | after paying the fee if your new policy | | insurer, accomplished by having the |
| Slidell | | affords you significant savings. So | | insurer buy stock and retire it. |
| Manchester | | while it is best to wait until your | | |
| Kalamazoo | | receive your renewal notice, you CAN | | Foreign Insurer: An insurer domiciled |
| Riverside | | cancel your policy at any time. | | in a state of the United States other |
| Nashville | | | | than the one in which the insured's |
| Ogden | | If you have noticed that your auto | | insurance is written. |
| Reading | | insurance rates are still increasing | | |
| Columbia | | with each renewal, or even have not | | Malicious Mischief: Similar to |
| Cookeville | | gone down even though you have a | | vandalism. Purposely damaging the |
| Florissant | | great driving record, this lower pricing | | rights or property of another. |
| Scottsdale | | trend makes it more important then | | |
| Newburgh | | ever that you shop around for auto | | Society of Insurance Research: An |
| Grand Rapids | | insurance. | | organization which encourages |
| Sioux Falls | | | | insurance research and promotes the |
| Mobile | | | | exchange of ideas and methods of |
| El Paso | | | | research. |
