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| Flint | | Life insurance, specifically Term Life, | | Expense Allowance: A compensation |
| Hollywood | | is arguably one of the best values in | | paid to an insurance agent in excess |
| Council Bluffs | | the entire financial services arena. | | of prescribed commissions. |
| Zanesville | | Where else can you go and get | | |
| Glendale | | hundreds of thousands of dollars in | | Policy Anniversary: The anniversary |
| Glendale | | protection for literally pennies per | | of the date of issue of a policy as |
| Augusta | | day? Rates for Term Life insurance | | shown in the policy declarations. |
| Hickory | | remain at all-time lows, and now is the | | |
| Erie | | time to lock in the best prices. | | Renewal: The reestablishment of the |
| Providence | | | | in-force status of a policy, the term of |
| Peoria | | Make sure you have a new policy in | | which has expired or will expire |
| Philadelphia | | place before you cancel your old one | | unless it is renewed. |
| Boca Raton | | to avoid a lapse in coverage. This will | | |
| Albany | | also prevent having to figure out the | | Coding: A method of putting |
| Macon | | amount of any unused premium that is | | information into a numerical form for |
| Spring Hill | | due to you from your old insurance | | statistical use. Most information on |
| Fort Myers | | company, or having to spar with your | | policies is coded and then put into |
| Savannah | | agent about exactly when your policy | | reports. |
| Cherry Hill | | was cancelled and how much they | | |
| Ventura | | owe you. | | Producer: A term applied to an agent, |
| Warwick | | | | solicitor or other person who sells |
| Vineland | | If you decide to cancel your policy | | insurance. |
| Las Vegas | | (after acquiring new coverage) | | |
| Chesapeake | | outside of the 30-day period, you may | | Sole Proprietorship: A business |
| El Cajon | | have to pay a fee or penalty. | | enterprise owned by one person who |
| Houma | | However, you may still save money | | is its manager and employee. |
| Palm Desert | | after paying the fee if your new policy | | |
| Augusta | | affords you significant savings. So | | Claim Report: A report filed by an |
| Downey | | while it is best to wait until your | | agent setting forth the facts of a claim. |
| New Port Richey | | receive your renewal notice, you CAN | | Same as Loss Report. |
| Lexington | | cancel your policy at any time. | | |
| Tacoma | | | | Commercial Lines: This term is used |
| Jacksonville | | Shopping around is the best way to | | to refer to insurance for businesses, |
| Columbia | | save money on your insurance. | | professionals, and commercial |
| Alameda | | | | establishments. |
