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| Boynton Beach | | While some companies raise their | | Operating Expense: The expense of |
| San Francisco | | prices based on your actual age, | | an insurer other than commissions |
| Vineland | | most companies increase the price of | | and taxes. Called " and Insurance |
| Rochester | | their policies six months before your | | Expense" in the convention statement |
| Raleigh | | birthday. Its a term called Age | | blank. |
| Memphis | | Nearest in the industry, and that | | |
| Evansville | | half-year price increase could really | | Will Ride: Coverage that remains in |
| Redlands | | add up over a 20-year term policy. As | | effect regardless of the geographical |
| Alpharetta | | above, the quicker you purchase your | | location in which a loss occurs. |
| Sarasota | | policy the better. | | |
| Muncie | | | | Agent's Qualification Law: Education, |
| Vancouver | | Everyone has different needs, and | | experience, and other requirements |
| Louisville | | not one size fits all when it comes to | | imposed by the state upon persons |
| Vero Beach | | term life insurance. While it may make | | desiring to be licensed as agents. |
| Cambridge | | sense for people in their 30s and 40s | | |
| Decatur | | to secure a 20-year term length, a | | Director of Insurance: A title used in |
| Fort Lauderdale | | 10-year term might be more | | some states for the head of the |
| Detroit | | appropriate for someone nearing | | department of insurance. |
| Fredericksburg | | retirement. | | |
| Boulder | | | | Brokerage Department: A department |
| Denton | | If you decide to cancel your policy | | of an insurer whose purpose is to |
| Long Beach | | (after acquiring new coverage) | | deal with brokers in the placing of |
| Lansing | | outside of the 30-day period, you may | | insurance. |
| Sunnyvale | | have to pay a fee or penalty. | | |
| Stuart | | However, you may still save money | | Not Taken: Policies applied for and |
| Jonesboro | | after paying the fee if your new policy | | issued but rejected by the proposed |
| Cherry Hill | | affords you significant savings. So | | owner and not paid for. |
| Rockville | | while it is best to wait until your | | |
| Boston | | receive your renewal notice, you CAN | | You/Your: These words are used to |
| Tacoma | | cancel your policy at any time. | | refer to the named insured in many of |
| Pueblo | | | | the modernized/personalized policy |
| Schenectady | | Healthy people have the best | | forms. |
| Santa Monica | | mortality risks and thus are much | | |
| Greensboro | | cheaper for companies to insure. This | | Incurred Expense: Expenses not yet |
| Jackson | | translates into lower rates for the | | paid. Can also include paid |
| Huntsville | | Super Preferred customer than | | expenses in some accounting |
| Fort Myers | | someone with higher risk factors such | | systems. |
| Stockton | | as a heart condition, cancer or | | |
| Greensboro | | diabetes. Conversely, if you were | | |
| Ogden | | unhealthy when you acquired your | | |
| Worcester | | policy, and your health has now | | |
| Chicago | | improved, it might be time to shop for | | |
| Roanoke | | a new policy, as your rates are likely | | |
| Harlingen | | to be lower. | | |
