| | | | |
|
| Bloomington | | If you decide to cancel your policy | | Cash Flow Underwriting: The use of |
| Slidell | | (after acquiring new coverage) | | rating and premium collection |
| Baltimore | | outside of the 30-day period, you may | | techniques by insurance companies |
| Melbourne | | have to pay a fee or penalty. | | to maximize interest earnings on |
| Wilmington | | However, you may still save money | | premiums. |
| Huntington | | after paying the fee if your new policy | | |
| Whittier | | affords you significant savings. So | | Policywriting Agent: An agent who has |
| Columbus | | while it is best to wait until your | | the authority to prepare and effect an |
| Clinton Township | | receive your renewal notice, you CAN | | insurer's policy. |
| Kansas City | | cancel your policy at any time. | | |
| Bloomington | | | | Overlapping Insurance: Coverage |
| Phoenix | | Individuals who have 30-year | | from two or more policies or insurers |
| Modesto | | mortgages might want to consider a | | which duplicates coverage of certain |
| Columbus | | 30-year term to ensure that the house | | risks. |
| Pompano Beach | | is protected throughout the period of | | |
| Tulsa | | the loan. | | Agent's License: A certificate of |
| Fort Smith | | | | authority from the state which permits |
| Quincy | | Healthy people have the best | | the agent to conduct business. |
| Nashua | | mortality risks and thus are much | | |
| Warwick | | cheaper for companies to insure. This | | We/Us/Our: These words are used to |
| Harrisburg | | translates into lower rates for the | | refer to the insurer in many of the |
| Bloomington | | Super Preferred customer than | | modernized/personalized policy |
| Grand Junction | | someone with higher risk factors such | | forms recently introduced. |
| Memphis | | as a heart condition, cancer or | | |
| Spring Hill | | diabetes. Conversely, if you were | | Flat Cancellation: A policy which is |
| Fredericksburg | | unhealthy when you acquired your | | cancelled upon its effective date. |
| Evanston | | policy, and your health has now | | Usually under a flat cancellation no |
| Fort Lauderdale | | improved, it might be time to shop for | | premium charge is made. |
| Warren | | a new policy, as your rates are likely | | |
| Atlanta | | to be lower. | | Admitted (or Allowed) Assets: Assets |
| Durham | | | | whose values are permitted by state |
| Muskegon | | Everyone has different needs, and | | law to be included in the annual |
| Scottsdale | | not one size fits all when it comes to | | statement of the insurer. |
| New York | | term life insurance. While it may make | | |
| San Francisco | | sense for people in their 30s and 40s | | |
| Sterling Heights | | to secure a 20-year term length, a | | |
| Sarasota | | 10-year term might be more | | |
| Tallahassee | | appropriate for someone nearing | | |
| Jacksonville | | retirement. | | |
