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| Phoenix | | Shopping around is the best way to | | Admitted Company: An insurance |
| Lafayette | | save money on your insurance. | | company authorized and licensed to |
| Boca Raton | | | | do business in a given state. |
| Ann Arbor | | If you decide to cancel your policy | | |
| Nashua | | (after acquiring new coverage) | | Agent's License: A certificate of |
| Akron | | outside of the 30-day period, you may | | authority from the state which permits |
| Frederick | | have to pay a fee or penalty. | | the agent to conduct business. |
| Little Rock | | However, you may still save money | | |
| Nashville | | after paying the fee if your new policy | | Accident: An unplanned event, |
| Eugene | | affords you significant savings. So | | unexpected and undesigned, which |
| Durham | | while it is best to wait until your | | occurs suddenly and at a definite |
| Bloomington | | receive your renewal notice, you CAN | | place. |
| Greensboro | | cancel your policy at any time. | | |
| Odessa | | | | Valued: Relating to an agreement by |
| Pompano Beach | | Everyone has different needs, and | | an insurer to pay a specified amount |
| Silver Spring | | not one size fits all when it comes to | | of money to or on behalf of the |
| Carlsbad | | term life insurance. While it may make | | insured upon occurrence of a defined |
| Littleton | | sense for people in their 30s and 40s | | loss. |
| Greensboro | | to secure a 20-year term length, a | | |
| Sumter | | 10-year term might be more | | Premium Notice: A form notice from |
| Council Bluffs | | appropriate for someone nearing | | an insurer or agency to a policy |
| Columbia | | retirement. | | owner that a premium will be due on a |
| Las Cruces | | | | given date. |
| Southfield | | Make sure you have a new policy in | | |
| Brooklyn | | place before you cancel your old one | | Retrospective Premium: The final |
| Tacoma | | to avoid a lapse in coverage. This will | | premium in a retrospective rating |
| Omaha | | also prevent having to figure out the | | plan. See Retrospective Rating. |
| Huntington | | amount of any unused premium that is | | |
| Gaithersburg | | due to you from your old insurance | | Paid-In Surplus: Surplus paid in by |
| Richmond | | company, or having to spar with your | | stockholders, as contrasted with |
| Charleston | | agent about exactly when your policy | | surplus earned through the |
| Livonia | | was cancelled and how much they | | operations of a business. |
| Pueblo | | owe you. | | |
| Texarkana | | | | Coding: A method of putting |
| Jacksonville | | | | information into a numerical form for |
| Portsmouth | | | | statistical use. Most information on |
| Beaumont | | | | policies is coded and then put into |
| Westbury | | | | reports. |
