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| Williamsburg | | If you decide to cancel your policy | | Agency Contract (or Agreement): The |
| Springfield | | (after acquiring new coverage) | | document which establishes the legal |
| Raleigh | | outside of the 30-day period, you may | | relationship between an agent and an |
| Augusta | | have to pay a fee or penalty. | | insurer. |
| Jacksonville | | However, you may still save money | | |
| Salt Lake City | | after paying the fee if your new policy | | Theory of Probability: The |
| Oklahoma City | | affords you significant savings. So | | mathematical principle upon which |
| Cape Coral | | while it is best to wait until your | | insurance is based. |
| Memphis | | receive your renewal notice, you CAN | | |
| Clinton Township | | cancel your policy at any time. | | Business: In Property, Liability, and |
| Daytona Beach | | | | Health lines, it usually refers to the |
| Cincinnati | | Everyone has different needs, and | | volume of premiums. |
| Kansas City | | not one size fits all when it comes to | | |
| Lakeland | | term life insurance. While it may make | | Authorized Insurer: An insurer |
| Orange | | sense for people in their 30s and 40s | | authorized by the state to transact |
| Honolulu | | to secure a 20-year term length, a | | business in that state for specific |
| Boca Raton | | 10-year term might be more | | types of insurance. |
| Tallahassee | | appropriate for someone nearing | | |
| Spring Hill | | retirement. | | Deflation: An economic period |
| Venice | | | | characterized by falling prices, high |
| Anaheim | | Make sure you have a new policy in | | unemployment and a generally |
| Olympia | | place before you cancel your old one | | sluggish or slow economy. |
| Winter Park | | to avoid a lapse in coverage. This will | | |
| St. Louis | | also prevent having to figure out the | | United States Aircraft Insurance |
| Newark | | amount of any unused premium that is | | Group: A group of insurers providing |
| Saginaw | | due to you from your old insurance | | facilities for all forms of Aviation |
| Westbury | | company, or having to spar with your | | Insurance. |
| Stockbridge | | agent about exactly when your policy | | |
| Kingsport | | was cancelled and how much they | | Admitted (or Allowed) Assets: Assets |
| Little Rock | | owe you. | | whose values are permitted by state |
| Metairie | | | | law to be included in the annual |
| Lawrenceville | | Life insurance, specifically Term Life, | | statement of the insurer. |
| Charleston | | is arguably one of the best values in | | |
| Fort Worth | | the entire financial services arena. | | Gross Premium: The net premium |
| Abilene | | Where else can you go and get | | plus operating expenses, |
| Turlock | | hundreds of thousands of dollars in | | commissions and other expenses. |
| Poughkeepsie | | protection for literally pennies per | | |
| Lancaster | | day? Rates for Term Life insurance | | |
| Lakeland | | remain at all-time lows, and now is the | | |
| Newark | | time to lock in the best prices. | | |
