| | | | |
|
| Newport News | | Individuals who have 30-year | | License: A certification of authority for |
| Delray Beach | | mortgages might want to consider a | | an agent or insurer to operate, given |
| Fort Wayne | | 30-year term to ensure that the house | | by the appropriate jurisdiction. |
| Corona | | is protected throughout the period of | | |
| Flint | | the loan. | | Divided Cover: The placing of |
| Pueblo | | | | insurance on a given subject or |
| Norwalk | | Why not take advantage of current | | object with more than one insurer. |
| Boulder | | low prices? Many auto insurance | | |
| Harlingen | | consumers are becoming educated | | Domestic Insurer (or Company): An |
| San Jose | | on other companies, plans, and rates | | insurer formed under the laws of the |
| Dallas | | that are available to them; ones that | | state in which the insurance is written. |
| Clearwater | | could afford them significant savings | | |
| Pembroke Pines | | on their auto insurance. | | Commingling: An illegal practice |
| Hartford | | | | which occurs when an agent mixes |
| Naperville | | Everyone has different needs, and | | personal funds with the insured's or |
| Atlanta | | not one size fits all when it comes to | | insurer's funds. |
| Nashville | | term life insurance. While it may make | | |
| Atlanta | | sense for people in their 30s and 40s | | Underinsurance: A condition in which |
| Owensboro | | to secure a 20-year term length, a | | not enough insurance is carried to |
| Baltimore | | 10-year term might be more | | cover the insurable value. |
| Yonkers | | appropriate for someone nearing | | |
| Johnstown | | retirement. | | Lloyd's Broker: A person who has the |
| Glendale | | | | authority to negotiate insurance |
| Omaha | | The best time to switch policies is | | contracts with the underwriters on the |
| Frederick | | within one month of receiving your | | floor at Lloyd's. |
| Daytona Beach | | policy renewal from your current | | |
| Manchester | | insurer. You can typically cancel your | | Dual Life Stock Company: A stock |
| Stockton | | policy without any fees or penalties if | | Life insurer issuing both participating |
| Omaha | | you act within this time period. | | and nonparticipating policy contracts. |