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| Seattle | | Make sure you have a new policy in | | Policy Period (or Term): The period |
| Rockville | | place before you cancel your old one | | during which the policy contract |
| Henderson | | to avoid a lapse in coverage. This will | | affords protection, e.g., six months or |
| Tulsa | | also prevent having to figure out the | | one or three years. |
| Joliet | | amount of any unused premium that is | | |
| Buffalo | | due to you from your old insurance | | Gross Premium: The net premium |
| Springfield | | company, or having to spar with your | | plus operating expenses, |
| Evanston | | agent about exactly when your policy | | commissions and other expenses. |
| Riverside | | was cancelled and how much they | | |
| Columbia | | owe you. | | Overlapping Insurance: Coverage |
| Las Cruces | | | | from two or more policies or insurers |
| Tampa | | People who are trying to quit | | which duplicates coverage of certain |
| Torrance | | smoking, for example, might be best | | risks. |
| Sumter | | suited purchasing a shorter term (and | | |
| Zanesville | | then replacing it with a longer term | | Director of Insurance: A title used in |
| Killeen | | policy when they qualify for | | some states for the head of the |
| Oxnard | | non-tobacco prices). | | department of insurance. |