| | | | |
|
| Lake Charles | | Everyone has different needs, and | | Brokerage Business: Business |
| Tallahassee | | not one size fits all when it comes to | | offered to an insurer by a broker. This |
| Las Vegas | | term life insurance. While it may make | | is sometimes called excess or |
| Fredericksburg | | sense for people in their 30s and 40s | | surplus business. |
| Buffalo | | to secure a 20-year term length, a | | |
| Phoenix | | 10-year term might be more | | Premium Notice: A form notice from |
| Salt Lake City | | appropriate for someone nearing | | an insurer or agency to a policy |
| New Orleans | | retirement. | | owner that a premium will be due on a |
| Fairfax | | | | given date. |
| Metairie | | People who are trying to quit | | |
| Zanesville | | smoking, for example, might be best | | Agency Contract (or Agreement): The |
| Johnson City | | suited purchasing a shorter term (and | | document which establishes the legal |
| Oxnard | | then replacing it with a longer term | | relationship between an agent and an |
| Quincy | | policy when they qualify for | | insurer. |
| Quincy | | non-tobacco prices). | | |
| Ventura | | | | Renewal: The reestablishment of the |
| Augusta | | If you have noticed that your auto | | in-force status of a policy, the term of |
| Boulder | | insurance rates are still increasing | | which has expired or will expire |
| Turlock | | with each renewal, or even have not | | unless it is renewed. |
| Rapid City | | gone down even though you have a | | |
| Huntington | | great driving record, this lower pricing | | Losses Incurred: The total losses, |
| Harrisburg | | trend makes it more important then | | whether paid or not, sustained by an |
| Huntington Beach | | ever that you shop around for auto | | insurer during a given period, e.g., 12 |
| Salem | | insurance. | | months. |
