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| Waco | | If you decide to cancel your policy | | Brokerage Department: A department |
| Hampton | | (after acquiring new coverage) | | of an insurer whose purpose is to |
| Warwick | | outside of the 30-day period, you may | | deal with brokers in the placing of |
| Ocala | | have to pay a fee or penalty. | | insurance. |
| Boynton Beach | | However, you may still save money | | |
| Lincoln | | after paying the fee if your new policy | | Malinger: To feign a disability for the |
| Phoenix | | affords you significant savings. So | | purpose of continuing to collect |
| Syracuse | | while it is best to wait until your | | benefits longer than actually |
| Chesapeake | | receive your renewal notice, you CAN | | necessary. |
| Lancaster | | cancel your policy at any time. | | |
| Richmond | | | | Deflation: An economic period |
| Elkhart | | Individuals who have 30-year | | characterized by falling prices, high |
| Littleton | | mortgages might want to consider a | | unemployment and a generally |
| Bellevue | | 30-year term to ensure that the house | | sluggish or slow economy. |
| Baltimore | | is protected throughout the period of | | |
| Chicago | | the loan. | | Federal Deposit Insurance |
| San Diego | | | | Corporation (FDIC): An agency of the |
| Hot Springs | | The best time to switch policies is | | federal government which insures |
| Rochester | | within one month of receiving your | | bank deposits up to a stated |
| Peoria | | policy renewal from your current | | maximum. |
| Winter Haven | | insurer. You can typically cancel your | | |
| Long Island City | | policy without any fees or penalties if | | Effective Date: The date on which the |
| Tempe | | you act within this time period. | | protection of an insurance policy or |
| West Chester | | | | bond goes into effect. |
| Springfield | | Healthy people have the best | | |
| Longview | | mortality risks and thus are much | | Endorsement: A written or printed form |
| El Cajon | | cheaper for companies to insure. This | | attached to the policy which alters |
| Warren | | translates into lower rates for the | | provisions of the contract. |
| Jacksonville | | Super Preferred customer than | | |
| Toms River | | someone with higher risk factors such | | Criticism: A correction suggested by a |
| Boynton Beach | | as a heart condition, cancer or | | rating or auditing bureau to an insurer. |
| Portsmouth | | diabetes. Conversely, if you were | | |
| Birmingham | | unhealthy when you acquired your | | Premium Receipt: The receipt given |
| Winter Haven | | policy, and your health has now | | a policy owner for the payment of a |
| Flint | | improved, it might be time to shop for | | premium. |
| Staten Island | | a new policy, as your rates are likely | | |
| Cape Coral | | to be lower. | | |
