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| Naperville | | Everyone has different needs, and | | American Risk and Insurance |
| Decatur | | not one size fits all when it comes to | | Association: An association of |
| Jackson | | term life insurance. While it may make | | insurance educators and others |
| Slidell | | sense for people in their 30s and 40s | | interested in insurance study and |
| Indianapolis | | to secure a 20-year term length, a | | research. |
| Arlington | | 10-year term might be more | | |
| Anaheim | | appropriate for someone nearing | | Losses Incurred: The total losses, |
| Longview | | retirement. | | whether paid or not, sustained by an |
| Salem | | | | insurer during a given period, e.g., 12 |
| Independence | | Healthy people have the best | | months. |
| Lancaster | | mortality risks and thus are much | | |
| Naples | | cheaper for companies to insure. This | | Premium: The price of insurance |
| Lake Charles | | translates into lower rates for the | | protection for a specified risk for a |
| Union | | Super Preferred customer than | | specified period of time. |
| Gulfport | | someone with higher risk factors such | | |
| North Hollywood | | as a heart condition, cancer or | | Expense Allowance: A compensation |
| Fort Lauderdale | | diabetes. Conversely, if you were | | paid to an insurance agent in excess |
| Clearwater | | unhealthy when you acquired your | | of prescribed commissions. |
| Myrtle Beach | | policy, and your health has now | | |
| Council Bluffs | | improved, it might be time to shop for | | Partial Loss: A loss covered by an |
| Hemet | | a new policy, as your rates are likely | | insurance policy which does not |
| Ventura | | to be lower. | | completely destroy or render |
| Springfield | | | | worthless the insured property. |
| Lakeland | | Shopping around is the best way to | | |
| Sioux City | | save money on your insurance. | | Examiner: An employee assigned by |
| San Jose | | | | the state insurance department to |
| West Palm Beach | | If you have noticed that your auto | | audit insurers' records. |
| Union | | insurance rates are still increasing | | |
| Athens | | with each renewal, or even have not | | Tabular Plan: A retrospective rating |
| Santa Barbara | | gone down even though you have a | | plan, which uses tables to furnish the |
| Fullerton | | great driving record, this lower pricing | | various values for the rating formula. |
| Fort Lauderdale | | trend makes it more important then | | |
| Evansville | | ever that you shop around for auto | | Agent's Balance: A periodic |
| Columbia | | insurance. | | statement of the sums due and owed |
| Hartford | | | | to an agent under the agent's contract |
| Philadelphia | | | | with an insurer. |
