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| Lafayette | | While some companies raise their | | First Party Insurance: Insurance which |
| Pembroke Pines | | prices based on your actual age, | | applies to coverage for the insured's |
| Newburgh | | most companies increase the price of | | own property or person. Contrast with |
| Green Bay | | their policies six months before your | | Third Party Insurance. |
| Palm Desert | | birthday. Its a term called Age | | |
| Turlock | | Nearest in the industry, and that | | You/Your: These words are used to |
| Santa Barbara | | half-year price increase could really | | refer to the named insured in many of |
| El Paso | | add up over a 20-year term policy. As | | the modernized/personalized policy |
| Englewood | | above, the quicker you purchase your | | forms. |
| Santa Barbara | | policy the better. | | |
| Fredericksburg | | | | Divided Cover: The placing of |
| Fairfax | | Everyone has different needs, and | | insurance on a given subject or |
| Garland | | not one size fits all when it comes to | | object with more than one insurer. |
| Jersey City | | term life insurance. While it may make | | |
| Stockton | | sense for people in their 30s and 40s | | Submitted Business: Applications for |
| Washington | | to secure a 20-year term length, a | | insurance submitted to an insurer but |
| Augusta | | 10-year term might be more | | not yet acted upon by it. |
| Turlock | | appropriate for someone nearing | | |
| Boca Raton | | retirement. | | Single Limit: Any insurance coverage |
| Aurora | | | | which is expressed as a single |
| Conroe | | Make sure you have a new policy in | | amount of insurance, or a single limit |
| Wilmington | | place before you cancel your old one | | of liability. Contrast with Split Limit. |
| Reading | | to avoid a lapse in coverage. This will | | |
| Cleveland | | also prevent having to figure out the | | License: A certification of authority for |
| North Hollywood | | amount of any unused premium that is | | an agent or insurer to operate, given |
| Chattanooga | | due to you from your old insurance | | by the appropriate jurisdiction. |
| Charleston | | company, or having to spar with your | | |
| Odessa | | agent about exactly when your policy | | Paid-In Surplus: Surplus paid in by |
| Hendersonville | | was cancelled and how much they | | stockholders, as contrasted with |
| Delray Beach | | owe you. | | surplus earned through the |
| Memphis | | | | operations of a business. |
| Quincy | | Life insurance, specifically Term Life, | | |
| Edmond | | is arguably one of the best values in | | Valuation Clause: A clause stating the |
| Portland | | the entire financial services arena. | | value of items for insurance |
| Huntington Beach | | Where else can you go and get | | purposes, making it a valued policy. |
| Manchester | | hundreds of thousands of dollars in | | |
| Fort Collins | | protection for literally pennies per | | |
| Asheville | | day? Rates for Term Life insurance | | |
| Santa Ana | | remain at all-time lows, and now is the | | |
| Irving | | time to lock in the best prices. | | |