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| Rochester | | Everyone has different needs, and | | Indemnity: Restoration to the victim of |
| Waterloo | | not one size fits all when it comes to | | a loss by payment, repair, or |
| Jacksonville | | term life insurance. While it may make | | replacement. |
| Jacksonville | | sense for people in their 30s and 40s | | |
| Union | | to secure a 20-year term length, a | | Open Rating: A system whereby a |
| Minneapolis | | 10-year term might be more | | state allows an insurer to use rates |
| Newport News | | appropriate for someone nearing | | without prior approval. |
| Lorain | | retirement. | | |
| Cherry Hill | | | | Substandard Risk: A risk not |
| Aurora | | At InsWeb, you can compare free | | measuring up to underwriting |
| Honolulu | | online insurance quotes from many of | | standards. It may still be written but |
| Newark | | the nations leading insurance | | usually at a surcharged premium. |
| Albany | | companies. | | |
| Palm Harbor | | | | Renewal: The reestablishment of the |
| Joliet | | Healthy people have the best | | in-force status of a policy, the term of |
| Los Angeles | | mortality risks and thus are much | | which has expired or will expire |
| Wichita Falls | | cheaper for companies to insure. This | | unless it is renewed. |
| Myrtle Beach | | translates into lower rates for the | | |
| Orange Park | | Super Preferred customer than | | Agency: An insurance sales office |
| Dearborn | | someone with higher risk factors such | | which is directed by a agent, |
| Portsmouth | | as a heart condition, cancer or | | manager, independent agent, or |
| Sumter | | diabetes. Conversely, if you were | | company manager. |
| Phoenix | | unhealthy when you acquired your | | |
| Arlington | | policy, and your health has now | | Flat Cancellation: A policy which is |
| Walnut Creek | | improved, it might be time to shop for | | cancelled upon its effective date. |
| Corpus Christi | | a new policy, as your rates are likely | | Usually under a flat cancellation no |
| Lincoln | | to be lower. | | premium charge is made. |