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| Carlsbad | | If you decide to cancel your policy | | Borderline Risk: An insurance |
| Frederick | | (after acquiring new coverage) | | prospect of doubtful quality from an |
| Amarillo | | outside of the 30-day period, you may | | underwriting point of view. |
| Flushing | | have to pay a fee or penalty. | | |
| Abilene | | However, you may still save money | | Retrospective Premium: The final |
| Biloxi | | after paying the fee if your new policy | | premium in a retrospective rating |
| Schaumburg | | affords you significant savings. So | | plan. See Retrospective Rating. |
| Slidell | | while it is best to wait until your | | |
| Columbus | | receive your renewal notice, you CAN | | Public Adjuster: An insurance adjuster |
| Nashville | | cancel your policy at any time. | | who represents an insured on a fee |
| Eugene | | | | basis in claims settlement. Contrast |
| Zanesville | | Everyone has different needs, and | | with Independent Adjuster. |
| Modesto | | not one size fits all when it comes to | | |
| San Jose | | term life insurance. While it may make | | Foreign Insurer: An insurer domiciled |
| Lincoln | | sense for people in their 30s and 40s | | in a state of the United States other |
| San Bernardino | | to secure a 20-year term length, a | | than the one in which the insured's |
| Seattle | | 10-year term might be more | | insurance is written. |
| Providence | | appropriate for someone nearing | | |
| Arlington | | retirement. | | Cut Rate: This term generally applies |
| Lubbock | | | | to insurance companies who charge |
| Cypress | | Individuals who have 30-year | | premiums below a normal or average |
| Abilene | | mortgages might want to consider a | | rate. |
| Cleveland | | 30-year term to ensure that the house | | |
| Hollywood | | is protected throughout the period of | | Fictitious Groups: Groups formed |
| North Hollywood | | the loan. | | primarily for the purpose of buying |
| Littleton | | | | insurance. Under the law such groups |
| Lake Charles | | Healthy people have the best | | may not be underwritten. |
| Newport Beach | | mortality risks and thus are much | | |
| Lawton | | cheaper for companies to insure. This | | Net Retention: The amount of |
| Naperville | | translates into lower rates for the | | insurance that a ceding company |
| Oceanside | | Super Preferred customer than | | keeps for its own account and does |
| Greenville | | someone with higher risk factors such | | not reinsure. |
| Phoenix | | as a heart condition, cancer or | | |
| Jacksonville | | diabetes. Conversely, if you were | | Buy-Back" Deductible: A deductible |
| Gainesville | | unhealthy when you acquired your | | which may be eliminated for an |
| New Orleans | | policy, and your health has now | | additional premium in order to |
| Salt Lake City | | improved, it might be time to shop for | | provide "first-dollar" coverage. |
| Tyler | | a new policy, as your rates are likely | | |
| Charlotte | | to be lower. | | |
