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| Jacksonville | | Shopping around is the best way to | | New For Old: Replacing old |
| South Bend | | save money on your insurance. | | damaged parts or equipment with |
| Reading | | | | new ones rather than repairing them. |
| Memphis | | Make sure you have a new policy in | | |
| Newark | | place before you cancel your old one | | Policy Anniversary: The anniversary |
| Hemet | | to avoid a lapse in coverage. This will | | of the date of issue of a policy as |
| Chattanooga | | also prevent having to figure out the | | shown in the policy declarations. |
| Grand Prairie | | amount of any unused premium that is | | |
| Pembroke Pines | | due to you from your old insurance | | Provisions: Statements contained in |
| Hattiesburg | | company, or having to spar with your | | an insurance policy which explain the |
| Salem | | agent about exactly when your policy | | benefits, conditions and other |
| Aurora | | was cancelled and how much they | | features of the insurance contract. |
| Alameda | | owe you. | | |
| Beaumont | | | | Exclusion: A contractual provision that |
| Carlsbad | | Life insurance, specifically Term Life, | | denies coverage for certain perils, |
| Atlanta | | is arguably one of the best values in | | persons, property, or locations. |
| Slidell | | the entire financial services arena. | | |
| Rochester | | Where else can you go and get | | Gross Premium: The net premium |
| Ann Arbor | | hundreds of thousands of dollars in | | plus operating expenses, |
| Philadelphia | | protection for literally pennies per | | commissions and other expenses. |
| Killeen | | day? Rates for Term Life insurance | | |
| White Plains | | remain at all-time lows, and now is the | | Broker of Record: A broker who has |
| Decatur | | time to lock in the best prices. | | been designated to handle certain |
| Portsmouth | | | | insurance contracts for the |
| Ann Arbor | | Why not take advantage of current | | policyholder. |
| Vancouver | | low prices? Many auto insurance | | |
| Huntsville | | consumers are becoming educated | | Fictitious Groups: Groups formed |
| Bellevue | | on other companies, plans, and rates | | primarily for the purpose of buying |
| Austin | | that are available to them; ones that | | insurance. Under the law such groups |
| Fullerton | | could afford them significant savings | | may not be underwritten. |
| Boise | | on their auto insurance. | | |
| West Palm Beach | | | | Incurred Expense: Expenses not yet |
| Jacksonville | | Healthy people have the best | | paid. Can also include paid |
| Chesapeake | | mortality risks and thus are much | | expenses in some accounting |
| Asheville | | cheaper for companies to insure. This | | systems. |
| Mesquite | | translates into lower rates for the | | |
| Tempe | | Super Preferred customer than | | |
| Las Cruces | | someone with higher risk factors such | | |
| Chesapeake | | as a heart condition, cancer or | | |
| Dearborn | | diabetes. Conversely, if you were | | |
| Trenton | | unhealthy when you acquired your | | |
| Clearwater | | policy, and your health has now | | |
| Asheville | | improved, it might be time to shop for | | |
| Long Island City | | a new policy, as your rates are likely | | |
| Jasper | | to be lower. | | |
