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| Stamford | | People who are trying to quit | | Broker-Agent: One acting as an agent |
| Las Cruces | | smoking, for example, might be best | | of one or more insurers and as a |
| Huntsville | | suited purchasing a shorter term (and | | broker in dealing with one or more |
| Franklin | | then replacing it with a longer term | | other insurers. |
| Worcester | | policy when they qualify for | | |
| Ogden | | non-tobacco prices). | | Lapsed Policy: One which has been |
| Bayside | | | | allowed to expire because of |
| Amarillo | | Everyone has different needs, and | | nonpayment of premiums. |
| Council Bluffs | | not one size fits all when it comes to | | |
| Pasadena | | term life insurance. While it may make | | Cash Flow Underwriting: The use of |
| Staten Island | | sense for people in their 30s and 40s | | rating and premium collection |
| Troy | | to secure a 20-year term length, a | | techniques by insurance companies |
| Palm Harbor | | 10-year term might be more | | to maximize interest earnings on |
| Fort Collins | | appropriate for someone nearing | | premiums. |
| Anderson | | retirement. | | |
| Coral Springs | | | | Net Retention: The amount of |
| Newburgh | | Why not take advantage of current | | insurance that a ceding company |
| Malden | | low prices? Many auto insurance | | keeps for its own account and does |
| Union | | consumers are becoming educated | | not reinsure. |
| Fort Myers | | on other companies, plans, and rates | | |
| Abilene | | that are available to them; ones that | | Commercial Lines: This term is used |
| Quincy | | could afford them significant savings | | to refer to insurance for businesses, |
| Toms River | | on their auto insurance. | | professionals, and commercial |
| Nashville | | | | establishments. |
| Garland | | Make sure you have a new policy in | | |
| Detroit | | place before you cancel your old one | | Depreciation: A decrease in the value |
| Fort Myers | | to avoid a lapse in coverage. This will | | of any type of tangible property over |
| Bradenton | | also prevent having to figure out the | | a period of time resulting from use, |
| Fresno | | amount of any unused premium that is | | wear and tear, or obsolescence. |
| Billings | | due to you from your old insurance | | |
| Toledo | | company, or having to spar with your | | Index Bureau Experience: A measure |
| Knoxville | | agent about exactly when your policy | | of losses relating to claims reported |
| Dothan | | was cancelled and how much they | | through a claim office during a |
| Lancaster | | owe you. | | 12-month period. |
