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| Sacramento | | If you decide to cancel your policy | | Convention Values: Values assigned |
| Hot Springs | | (after acquiring new coverage) | | to insurers' assets in the convention |
| Redlands | | outside of the 30-day period, you may | | blank. |
| Spartanburg | | have to pay a fee or penalty. | | |
| Kalamazoo | | However, you may still save money | | Coding: A method of putting |
| Union | | after paying the fee if your new policy | | information into a numerical form for |
| Winter Haven | | affords you significant savings. So | | statistical use. Most information on |
| Fayetteville | | while it is best to wait until your | | policies is coded and then put into |
| Boston | | receive your renewal notice, you CAN | | reports. |
| Glendale | | cancel your policy at any time. | | |
| Des Moines | | | | Expense Allowance: A compensation |
| Chesapeake | | Healthy people have the best | | paid to an insurance agent in excess |
| Edison | | mortality risks and thus are much | | of prescribed commissions. |
| El Paso | | cheaper for companies to insure. This | | |
| Jacksonville | | translates into lower rates for the | | Indemnify: To restore the victim of a |
| Owensboro | | Super Preferred customer than | | loss to the same position as before |
| Boynton Beach | | someone with higher risk factors such | | the loss occurred. |
| Edmond | | as a heart condition, cancer or | | |
| Killeen | | diabetes. Conversely, if you were | | First Party Insurance: Insurance which |
| Tulsa | | unhealthy when you acquired your | | applies to coverage for the insured's |
| Fullerton | | policy, and your health has now | | own property or person. Contrast with |
| Seattle | | improved, it might be time to shop for | | Third Party Insurance. |
| Huntington | | a new policy, as your rates are likely | | |
| Denton | | to be lower. | | Gross Line: The total limit accepted |
| Clearwater | | | | by an insurer on an individual risk, |
| Amarillo | | People who are trying to quit | | including the amount to be reinsured. |
| Macon | | smoking, for example, might be best | | |
| Thousand Oaks | | suited purchasing a shorter term (and | | Agency Company: An insurance |
| Rockville | | then replacing it with a longer term | | company that produces business |
| Roanoke | | policy when they qualify for | | through an agency network. Contrast |
| Sunnyvale | | non-tobacco prices). | | with Direct Writer. |