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| Jackson | | If you decide to cancel your policy | | Equity: The money value of an |
| Edmond | | (after acquiring new coverage) | | insurance company that is over and |
| Youngstown | | outside of the 30-day period, you may | | above its liabilities. Liabilities include |
| San Jose | | have to pay a fee or penalty. | | almost all of its reserves. |
| Macon | | However, you may still save money | | |
| Warwick | | after paying the fee if your new policy | | You/Your: These words are used to |
| Roanoke | | affords you significant savings. So | | refer to the named insured in many of |
| Turlock | | while it is best to wait until your | | the modernized/personalized policy |
| Orange Park | | receive your renewal notice, you CAN | | forms. |
| Chattanooga | | cancel your policy at any time. | | |
| Los Angeles | | | | Underinsurance: A condition in which |
| Hickory | | Everyone has different needs, and | | not enough insurance is carried to |
| Plano | | not one size fits all when it comes to | | cover the insurable value. |
| Decatur | | term life insurance. While it may make | | |
| Littleton | | sense for people in their 30s and 40s | | Borderline Risk: An insurance |
| Bayside | | to secure a 20-year term length, a | | prospect of doubtful quality from an |
| Costa Mesa | | 10-year term might be more | | underwriting point of view. |
| Manchester | | appropriate for someone nearing | | |
| Staten Island | | retirement. | | Book Value: Refers to the value of |
| Grand Rapids | | | | assets as shown in the official |
| North Hollywood | | At InsWeb, you can compare free | | accounting records of the company. |
| El Paso | | online insurance quotes from many of | | |
| Independence | | the nations leading insurance | | Insurance Policy: The printed form |
| Burbank | | companies. | | which serves as the contract between |
| Canton | | | | an insurer and an insured. |
| Chattanooga | | We offer quotes for auto insurance, | | |
| Sarasota | | life insurance, homeowners | | Preferred Risk: Any risk considered |
| High Point | | insurance, health insurance, term life | | to be better than the standard risk on |
| Youngstown | | insurance and more. | | which the premium rate was |
| Scottsdale | | | | calculated. |
| Cedar Rapids | | Make sure you have a new policy in | | |
| Delray Beach | | place before you cancel your old one | | Net Interest Earned: The average |
| Johnstown | | to avoid a lapse in coverage. This will | | interest earned by an insurer on its |
| Harrisburg | | also prevent having to figure out the | | investments after investment expense |
| Bay City | | amount of any unused premium that is | | but before federal income taxes. |
| Scranton | | due to you from your old insurance | | |
| Flushing | | company, or having to spar with your | | |
| Lafayette | | agent about exactly when your policy | | |
| Naperville | | was cancelled and how much they | | |
| New York | | owe you. | | |
