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| Denton | | Everyone has different needs, and | | Time Limits: The limits of time within |
| Evanston | | not one size fits all when it comes to | | which notice of a claim and proof of a |
| Louisville | | term life insurance. While it may make | | loss must be submitted. |
| Omaha | | sense for people in their 30s and 40s | | |
| Naperville | | to secure a 20-year term length, a | | Nonassignable: A policy that the |
| Frederick | | 10-year term might be more | | owner cannot assign to a third party. |
| Shreveport | | appropriate for someone nearing | | Most policies are nonassignable |
| Downey | | retirement. | | unless approval is given by the |
| Youngstown | | | | insurer. |
| Sioux Falls | | Make sure you have a new policy in | | |
| Warwick | | place before you cancel your old one | | American Risk and Insurance |
| West Chester | | to avoid a lapse in coverage. This will | | Association: An association of |
| Hendersonville | | also prevent having to figure out the | | insurance educators and others |
| Pembroke Pines | | amount of any unused premium that is | | interested in insurance study and |
| Belleville | | due to you from your old insurance | | research. |
| Ann Arbor | | company, or having to spar with your | | |
| Berkeley | | agent about exactly when your policy | | Premium: The price of insurance |
| Englewood | | was cancelled and how much they | | protection for a specified risk for a |
| Pittsburgh | | owe you. | | specified period of time. |