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| Cleveland | | Everyone has different needs, and | | Nonassignable: A policy that the |
| Santa Rosa | | not one size fits all when it comes to | | owner cannot assign to a third party. |
| Houma | | term life insurance. While it may make | | Most policies are nonassignable |
| Edmond | | sense for people in their 30s and 40s | | unless approval is given by the |
| Ogden | | to secure a 20-year term length, a | | insurer. |
| Hampton | | 10-year term might be more | | |
| Huntsville | | appropriate for someone nearing | | Admitted Company: An insurance |
| Hickory | | retirement. | | company authorized and licensed to |
| Chandler | | | | do business in a given state. |
| Albany | | Make sure you have a new policy in | | |
| Boynton Beach | | place before you cancel your old one | | Deductible: The portion of an insured |
| Longwood | | to avoid a lapse in coverage. This will | | loss to be borne by the insured |
| Santa Monica | | also prevent having to figure out the | | before he is entitled to recovery from |
| Memphis | | amount of any unused premium that is | | the insurer. |
| Lancaster | | due to you from your old insurance | | |
| Yonkers | | company, or having to spar with your | | Partnership: A business enterprise |
| Long Beach | | agent about exactly when your policy | | owned and operated by two or more |
| Williamsburg | | was cancelled and how much they | | persons for the purpose of generating |
| Springfield | | owe you. | | business income and profits. |