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| Gaithersburg | | Healthy people have the best | | Minimum Premium: The smallest |
| Boynton Beach | | mortality risks and thus are much | | amount of premium for which an |
| Springfield | | cheaper for companies to insure. This | | insurer will issue coverage under a |
| Stamford | | translates into lower rates for the | | given policy. |
| Biloxi | | Super Preferred customer than | | |
| Spartanburg | | someone with higher risk factors such | | Underwriters Laboratories, Inc. (UL): A |
| Newark | | as a heart condition, cancer or | | testing laboratory for manufactured |
| Stockton | | diabetes. Conversely, if you were | | items to determine their safety |
| Plano | | unhealthy when you acquired your | | propensities. |
| Charlotte | | policy, and your health has now | | |
| Mountain View | | improved, it might be time to shop for | | Cut Rate: This term generally applies |
| Allentown | | a new policy, as your rates are likely | | to insurance companies who charge |
| Cranston | | to be lower. | | premiums below a normal or average |
| West Chester | | | | rate. |
| Rockford | | If you decide to cancel your policy | | |
| Rome | | (after acquiring new coverage) | | Renewal: The reestablishment of the |
| Fredericksburg | | outside of the 30-day period, you may | | in-force status of a policy, the term of |
| Buffalo | | have to pay a fee or penalty. | | which has expired or will expire |
| Chula Vista | | However, you may still save money | | unless it is renewed. |
| Tampa | | after paying the fee if your new policy | | |
| Duluth | | affords you significant savings. So | | Loss Frequency: The number of times |
| Philadelphia | | while it is best to wait until your | | a loss occurs over a specific period |
| Bloomington | | receive your renewal notice, you CAN | | of time. |
| Washington | | cancel your policy at any time. | | |
| Cranston | | | | Overlapping Insurance: Coverage |
| Mesquite | | Life insurance, specifically Term Life, | | from two or more policies or insurers |
| Newburgh | | is arguably one of the best values in | | which duplicates coverage of certain |
| Racine | | the entire financial services arena. | | risks. |
| Bay City | | Where else can you go and get | | |
| Lawton | | hundreds of thousands of dollars in | | Fictitious Groups: Groups formed |
| Charleston | | protection for literally pennies per | | primarily for the purpose of buying |
| Durham | | day? Rates for Term Life insurance | | insurance. Under the law such groups |
| Westbury | | remain at all-time lows, and now is the | | may not be underwritten. |
| San Bernardino | | time to lock in the best prices. | | |
