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| Fullerton | | If you decide to cancel your policy | | Deficit Carried Forward: The transfer |
| Newark | | (after acquiring new coverage) | | of a debit balance from one |
| Brooklyn | | outside of the 30-day period, you may | | accounting period to another. |
| Fayetteville | | have to pay a fee or penalty. | | |
| Tacoma | | However, you may still save money | | Claim Expense: The expense of |
| Riverside | | after paying the fee if your new policy | | adjusting a claim, such as |
| Westbury | | affords you significant savings. So | | investigation and attorneys' fees. It |
| Fayetteville | | while it is best to wait until your | | does not include the cost of the claim |
| Carlsbad | | receive your renewal notice, you CAN | | itself. |
| Anderson | | cancel your policy at any time. | | |
| Hattiesburg | | | | Indemnify: To restore the victim of a |
| West Palm Beach | | At InsWeb, you can compare free | | loss to the same position as before |
| Winter Haven | | online insurance quotes from many of | | the loss occurred. |
| Tulsa | | the nations leading insurance | | |
| Lincoln | | companies. | | Effective Date: The date on which the |
| Bloomington | | | | protection of an insurance policy or |
| Boca Raton | | Everyone has different needs, and | | bond goes into effect. |
| Phoenix | | not one size fits all when it comes to | | |
| Texarkana | | term life insurance. While it may make | | Cut Rate: This term generally applies |
| Cincinnati | | sense for people in their 30s and 40s | | to insurance companies who charge |
| Savannah | | to secure a 20-year term length, a | | premiums below a normal or average |
| Lubbock | | 10-year term might be more | | rate. |
| Bayside | | appropriate for someone nearing | | |
| Cincinnati | | retirement. | | Independent Agent: An agent |
| Olympia | | | | operating as an independent |
| El Paso | | Make sure you have a new policy in | | contractor under the independent |
| Norfolk | | place before you cancel your old one | | agency system. |
| Melbourne | | to avoid a lapse in coverage. This will | | |
| Greenville | | also prevent having to figure out the | | Book Value: Refers to the value of |
| York | | amount of any unused premium that is | | assets as shown in the official |
| Conroe | | due to you from your old insurance | | accounting records of the company. |
| Philadelphia | | company, or having to spar with your | | |
| Cherry Hill | | agent about exactly when your policy | | Amendment: A formal document |
| Jersey City | | was cancelled and how much they | | which corrects or revises an |
| Acworth | | owe you. | | insurance master policy. |
