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| Johnstown | | Individuals who have 30-year | | Absolute Assignment: Assignment by |
| Honolulu | | mortgages might want to consider a | | a policy owner of all control of and |
| Jonesboro | | 30-year term to ensure that the house | | rights in the policy to a third party. |
| Orange Park | | is protected throughout the period of | | |
| Huntington Beach | | the loan. | | Equity: The money value of an |
| Little Rock | | | | insurance company that is over and |
| Bayside | | Life insurance, specifically Term Life, | | above its liabilities. Liabilities include |
| Austin | | is arguably one of the best values in | | almost all of its reserves. |
| Worcester | | the entire financial services arena. | | |
| Alexandria | | Where else can you go and get | | Policy Anniversary: The anniversary |
| Stockbridge | | hundreds of thousands of dollars in | | of the date of issue of a policy as |
| White Plains | | protection for literally pennies per | | shown in the policy declarations. |
| Santa Clara | | day? Rates for Term Life insurance | | |
| Cleveland | | remain at all-time lows, and now is the | | Indemnity: Restoration to the victim of |
| Jackson | | time to lock in the best prices. | | a loss by payment, repair, or |
| Killeen | | | | replacement. |
| Oceanside | | Shopping around is the best way to | | |
| Winter Park | | save money on your insurance. | | Criticism: A correction suggested by a |
| Bethlehem | | | | rating or auditing bureau to an insurer. |
| Cleveland | | Healthy people have the best | | |
| Alexandria | | mortality risks and thus are much | | Policy Period (or Term): The period |
| West Chester | | cheaper for companies to insure. This | | during which the policy contract |
| Orlando | | translates into lower rates for the | | affords protection, e.g., six months or |
| Flint | | Super Preferred customer than | | one or three years. |
| Williamsburg | | someone with higher risk factors such | | |
| Bellevue | | as a heart condition, cancer or | | Agent's Qualification Law: Education, |
| Vancouver | | diabetes. Conversely, if you were | | experience, and other requirements |
| Anderson | | unhealthy when you acquired your | | imposed by the state upon persons |
| Bay City | | policy, and your health has now | | desiring to be licensed as agents. |
| Miami | | improved, it might be time to shop for | | |
| Delray Beach | | a new policy, as your rates are likely | | Borderline Risk: An insurance |
| Peoria | | to be lower. | | prospect of doubtful quality from an |
| Flushing | | | | underwriting point of view. |
| Williamsburg | | The best time to switch policies is | | |
| Pembroke Pines | | within one month of receiving your | | |
| Providence | | policy renewal from your current | | |
| Westbury | | insurer. You can typically cancel your | | |
| Mansfield | | policy without any fees or penalties if | | |
| Kansas City | | you act within this time period. | | |
