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| St. Louis | | The best time to switch policies is | | Commingling: An illegal practice |
| Lima | | within one month of receiving your | | which occurs when an agent mixes |
| Honolulu | | policy renewal from your current | | personal funds with the insured's or |
| Littleton | | insurer. You can typically cancel your | | insurer's funds. |
| Trenton | | policy without any fees or penalties if | | |
| Los Angeles | | you act within this time period. | | Commission of Authority: A document |
| Spring Hill | | | | outlining the powers delegated to an |
| Trenton | | Life insurance, specifically Term Life, | | agent by an insurer. |
| Cypress | | is arguably one of the best values in | | |
| Fort Worth | | the entire financial services arena. | | Mandatory Valuation Reserve: A |
| Jackson | | Where else can you go and get | | reserve required by a state law to |
| Stockton | | hundreds of thousands of dollars in | | offset any declines in the valuation of |
| Jacksonville | | protection for literally pennies per | | securities listed as admitted assets. |
| Glendale | | day? Rates for Term Life insurance | | |
| Texarkana | | remain at all-time lows, and now is the | | Convention Values: Values assigned |
| Pembroke Pines | | time to lock in the best prices. | | to insurers' assets in the convention |
| Jackson | | | | blank. |
| Albuquerque | | The quickest and easiest way to | | |
| Odessa | | shop for new insurance is by | | Federal Deposit Insurance |
| Anchorage | | comparing rates at InsWebs online | | Corporation (FDIC): An agency of the |
| Newport News | | marketplace. If you do it the | | federal government which insures |
| Elkhart | | old-fashioned way (by calling or | | bank deposits up to a stated |
| Sterling Heights | | visiting multiple agents or insurance | | maximum. |
| Lincoln | | companies) it could take up a huge | | |
| Aurora | | chunk of your time, which no one | | Net Interest Earned: The average |
| Lubbock | | wants or needs. By completing | | interest earned by an insurer on its |
| Honolulu | | InsWebs online application, you will | | investments after investment expense |
| Fall River | | have rates to compare to your old | | but before federal income taxes. |
| Louisville | | ones within minutes! | | |
| Stuart | | | | Domestic Insurer (or Company): An |
| Morristown | | While some companies raise their | | insurer formed under the laws of the |
| Jacksonville | | prices based on your actual age, | | state in which the insurance is written. |
| Oceanside | | most companies increase the price of | | |
| Kingsport | | their policies six months before your | | Insurance Examiner: The |
| Cape Coral | | birthday. Its a term called Age | | representative of a state insurance |
| Knoxville | | Nearest in the industry, and that | | department assigned to participate in |
| Springfield | | half-year price increase could really | | the official audit and examination of |
| Downey | | add up over a 20-year term policy. As | | an insurer. |
| Anchorage | | above, the quicker you purchase your | | |
| Newark | | policy the better. | | |
