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| Irvine | | While some companies raise their | | Premises: The particular location of |
| Memphis | | prices based on your actual age, | | property or a portion thereof as |
| Lowell | | most companies increase the price of | | designated in a policy. |
| Hot Springs | | their policies six months before your | | |
| Englewood | | birthday. Its a term called Age | | New For Old: Replacing old |
| Westbury | | Nearest in the industry, and that | | damaged parts or equipment with |
| Lorain | | half-year price increase could really | | new ones rather than repairing them. |
| Washington | | add up over a 20-year term policy. As | | |
| Dayton | | above, the quicker you purchase your | | Federal Deposit Insurance |
| Venice | | policy the better. | | Corporation (FDIC): An agency of the |
| Acworth | | | | federal government which insures |
| Joliet | | The quickest and easiest way to | | bank deposits up to a stated |
| Franklin | | shop for new insurance is by | | maximum. |
| Franklin | | comparing rates at InsWebs online | | |
| Springfield | | marketplace. If you do it the | | Retail Credit Company: The former |
| Milwaukee | | old-fashioned way (by calling or | | name of Equifax, a credit reporting |
| New Port Richey | | visiting multiple agents or insurance | | organization. See Equifax. |
| Tempe | | companies) it could take up a huge | | |
| Gaithersburg | | chunk of your time, which no one | | Policy Anniversary: The anniversary |
| Mesquite | | wants or needs. By completing | | of the date of issue of a policy as |
| Nashua | | InsWebs online application, you will | | shown in the policy declarations. |
| Ogden | | have rates to compare to your old | | |
| Longmont | | ones within minutes! | | Level Commission System: A system |
| Union | | | | of commissions in which the first year |
| Santa Ana | | Healthy people have the best | | and all renewal commissions are the |
| Valdosta | | mortality risks and thus are much | | same percentage of the premium. |
| Inglewood | | cheaper for companies to insure. This | | |
| Stuart | | translates into lower rates for the | | Accident Year Experience: Measures |
| Delray Beach | | Super Preferred customer than | | premiums and losses relating to |
| Knoxville | | someone with higher risk factors such | | accidents which occurred during a |
| Mobile | | as a heart condition, cancer or | | 12-month period. |
| Louisville | | diabetes. Conversely, if you were | | |
| Jasper | | unhealthy when you acquired your | | Premium Receipt: The receipt given |
| Reno | | policy, and your health has now | | a policy owner for the payment of a |
| Johnstown | | improved, it might be time to shop for | | premium. |
| Columbia | | a new policy, as your rates are likely | | |
| Sterling Heights | | to be lower. | | |
