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| Boston | | Healthy people have the best | | Amendment: A formal document |
| Brooklyn | | mortality risks and thus are much | | which corrects or revises an |
| Portland | | cheaper for companies to insure. This | | insurance master policy. |
| Roanoke | | translates into lower rates for the | | |
| Denton | | Super Preferred customer than | | Accident Year Experience: Measures |
| Bellevue | | someone with higher risk factors such | | premiums and losses relating to |
| Jersey City | | as a heart condition, cancer or | | accidents which occurred during a |
| Kalamazoo | | diabetes. Conversely, if you were | | 12-month period. |
| Mountain View | | unhealthy when you acquired your | | |
| New Port Richey | | policy, and your health has now | | Valuation Clause: A clause stating the |
| Racine | | improved, it might be time to shop for | | value of items for insurance |
| Columbus | | a new policy, as your rates are likely | | purposes, making it a valued policy. |
| Pueblo | | to be lower. | | |
| Odessa | | | | Borderline Risk: An insurance |
| Edison | | Everyone has different needs, and | | prospect of doubtful quality from an |
| Modesto | | not one size fits all when it comes to | | underwriting point of view. |
| Anderson | | term life insurance. While it may make | | |
| North Hollywood | | sense for people in their 30s and 40s | | Not Taken: Policies applied for and |
| New Orleans | | to secure a 20-year term length, a | | issued but rejected by the proposed |
| Columbia | | 10-year term might be more | | owner and not paid for. |
| Lake Charles | | appropriate for someone nearing | | |
| Johnson City | | retirement. | | Calendar Year Experience: This |
| Kalamazoo | | | | measures the premiums and losses |
| White Plains | | While some companies raise their | | entered on accounting records during |
| Long Beach | | prices based on your actual age, | | the 12-month calendar. |
| Ann Arbor | | most companies increase the price of | | |
| Orlando | | their policies six months before your | | Gross Line: The total limit accepted |
| Greensboro | | birthday. Its a term called Age | | by an insurer on an individual risk, |
| Johnstown | | Nearest in the industry, and that | | including the amount to be reinsured. |
| Denton | | half-year price increase could really | | |
| Philadelphia | | add up over a 20-year term policy. As | | Notice To Company: Written notice to |
| Pompano Beach | | above, the quicker you purchase your | | an insurer of the occurrence of an |
| Norfolk | | policy the better. | | event which a claim is to be based. |
