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| Carlsbad | | Shopping around is the best way to | | Cut Rate: This term generally applies |
| Waterloo | | save money on your insurance. | | to insurance companies who charge |
| Boston | | | | premiums below a normal or average |
| San Antonio | | Life insurance, specifically Term Life, | | rate. |
| Palm Harbor | | is arguably one of the best values in | | |
| Johnson City | | the entire financial services arena. | | Valuation Clause: A clause stating the |
| Pueblo | | Where else can you go and get | | value of items for insurance |
| Roanoke | | hundreds of thousands of dollars in | | purposes, making it a valued policy. |
| Lafayette | | protection for literally pennies per | | |
| Lancaster | | day? Rates for Term Life insurance | | Renewal: The reestablishment of the |
| Longwood | | remain at all-time lows, and now is the | | in-force status of a policy, the term of |
| Independence | | time to lock in the best prices. | | which has expired or will expire |
| Santa Monica | | | | unless it is renewed. |
| Huntington | | The quickest and easiest way to | | |
| Bellevue | | shop for new insurance is by | | Nonadmitted Insurer: An insurer not |
| Hot Springs | | comparing rates at InsWebs online | | licensed to do business in the |
| Atlanta | | marketplace. If you do it the | | jurisdiction in question. Same as |
| Warwick | | old-fashioned way (by calling or | | Unauthorized Insurer and Unlicensed |
| Ann Arbor | | visiting multiple agents or insurance | | Insurer. |
| Santa Rosa | | companies) it could take up a huge | | |
| Pompano Beach | | chunk of your time, which no one | | Flat Cancellation: A policy which is |
| Fresno | | wants or needs. By completing | | cancelled upon its effective date. |
| Fullerton | | InsWebs online application, you will | | Usually under a flat cancellation no |
| Lowell | | have rates to compare to your old | | premium charge is made. |
| Savannah | | ones within minutes! | | |
| Berkeley | | | | Brokerage Department: A department |
| Chicago | | People who are trying to quit | | of an insurer whose purpose is to |
| Marietta | | smoking, for example, might be best | | deal with brokers in the placing of |
| York | | suited purchasing a shorter term (and | | insurance. |
| Augusta | | then replacing it with a longer term | | |
| Newark | | policy when they qualify for | | Short-Term Policy: A policy written for |
| Denton | | non-tobacco prices). | | a period of less time than is normal for |
| Lorain | | | | that type of policy. |
| Spartanburg | | Make sure you have a new policy in | | |
| Grand Junction | | place before you cancel your old one | | |
| Jonesboro | | to avoid a lapse in coverage. This will | | |
| Indianapolis | | also prevent having to figure out the | | |
| Buffalo | | amount of any unused premium that is | | |
| Winter Park | | due to you from your old insurance | | |
| Coral Springs | | company, or having to spar with your | | |
| Wichita | | agent about exactly when your policy | | |
| Rockford | | was cancelled and how much they | | |
| Albany | | owe you. | | |
