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| Pittsburgh | | Individuals who have 30-year | | Lloyd's Broker: A person who has the |
| Torrance | | mortgages might want to consider a | | authority to negotiate insurance |
| Sumter | | 30-year term to ensure that the house | | contracts with the underwriters on the |
| Kansas City | | is protected throughout the period of | | floor at Lloyd's. |
| Berkeley | | the loan. | | |
| Rockford | | | | Retrospective Premium: The final |
| Springfield | | Everyone has different needs, and | | premium in a retrospective rating |
| Jacksonville | | not one size fits all when it comes to | | plan. See Retrospective Rating. |
| Minneapolis | | term life insurance. While it may make | | |
| Evanston | | sense for people in their 30s and 40s | | Endorsement: A written or printed form |
| Santa Rosa | | to secure a 20-year term length, a | | attached to the policy which alters |
| Ventura | | 10-year term might be more | | provisions of the contract. |
| Woodbridge | | appropriate for someone nearing | | |
| Cherry Hill | | retirement. | | Mandatory Valuation Reserve: A |
| Newport Beach | | | | reserve required by a state law to |
| Valdosta | | People who are trying to quit | | offset any declines in the valuation of |
| Fort Smith | | smoking, for example, might be best | | securities listed as admitted assets. |
| Orange Park | | suited purchasing a shorter term (and | | |
| Baltimore | | then replacing it with a longer term | | Equity: The money value of an |
| Honolulu | | policy when they qualify for | | insurance company that is over and |
| Newark | | non-tobacco prices). | | above its liabilities. Liabilities include |
| Memphis | | | | almost all of its reserves. |
| Fairfax | | The quickest and easiest way to | | |
| White Plains | | shop for new insurance is by | | Independent Contractor: One who |
| Malden | | comparing rates at InsWebs online | | agrees to perform according to a |
| Stockbridge | | marketplace. If you do it the | | contract and who is not an employee. |
| Metairie | | old-fashioned way (by calling or | | |
| Waco | | visiting multiple agents or insurance | | Independent Agent: An agent |
| Muskegon | | companies) it could take up a huge | | operating as an independent |
| Union | | chunk of your time, which no one | | contractor under the independent |
| Kansas City | | wants or needs. By completing | | agency system. |
| Lakewood | | InsWebs online application, you will | | |
| Naperville | | have rates to compare to your old | | Open Rating: A system whereby a |
| Fayetteville | | ones within minutes! | | state allows an insurer to use rates |
| Conroe | | | | without prior approval. |
