| | | | |
|
| White Plains | | Individuals who have 30-year | | Absolute Assignment: Assignment by |
| Johnson City | | mortgages might want to consider a | | a policy owner of all control of and |
| Lakewood | | 30-year term to ensure that the house | | rights in the policy to a third party. |
| Glendale | | is protected throughout the period of | | |
| Burbank | | the loan. | | Divided Cover: The placing of |
| Providence | | | | insurance on a given subject or |
| Scottsdale | | Healthy people have the best | | object with more than one insurer. |
| Syracuse | | mortality risks and thus are much | | |
| Evanston | | cheaper for companies to insure. This | | Insurance to Value: Insurance written |
| Lakewood | | translates into lower rates for the | | in an amount approximating the value |
| Coral Springs | | Super Preferred customer than | | of the property insured. |
| Oklahoma City | | someone with higher risk factors such | | |
| Marietta | | as a heart condition, cancer or | | Line of Business: The classification of |
| Pittsburgh | | diabetes. Conversely, if you were | | business as utilized in the insurance |
| Sacramento | | unhealthy when you acquired your | | industry, e.g., Fire, Allied Lines and |
| Malden | | policy, and your health has now | | Homeowners. |
| Albany | | improved, it might be time to shop for | | |
| Sacramento | | a new policy, as your rates are likely | | Fiduciary: A person holding the funds |
| Acworth | | to be lower. | | or property of another in a position of |
| Shreveport | | | | trust. An example would be the |
| Spokane | | While some companies raise their | | executor of an estate. |
| Columbia | | prices based on your actual age, | | |
| Plano | | most companies increase the price of | | Premium: The price of insurance |
| Rapid City | | their policies six months before your | | protection for a specified risk for a |
| Little Rock | | birthday. Its a term called Age | | specified period of time. |
| Bethlehem | | Nearest in the industry, and that | | |
| Kansas City | | half-year price increase could really | | Preferred Risk: Any risk considered |
| Anaheim | | add up over a 20-year term policy. As | | to be better than the standard risk on |
| Warwick | | above, the quicker you purchase your | | which the premium rate was |
| Edmond | | policy the better. | | calculated. |
