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| Las Vegas | | Everyone has different needs, and | | Convention Values: Values assigned |
| Dubuque | | not one size fits all when it comes to | | to insurers' assets in the convention |
| Greeley | | term life insurance. While it may make | | blank. |
| Lowell | | sense for people in their 30s and 40s | | |
| Wilmington | | to secure a 20-year term length, a | | Premium: The price of insurance |
| Winter Park | | 10-year term might be more | | protection for a specified risk for a |
| Palm Desert | | appropriate for someone nearing | | specified period of time. |
| Henderson | | retirement. | | |
| Fort Wayne | | | | Minimum Premium: The smallest |
| Vero Beach | | The best time to switch policies is | | amount of premium for which an |
| Rockford | | within one month of receiving your | | insurer will issue coverage under a |
| Frederick | | policy renewal from your current | | given policy. |
| Ocala | | insurer. You can typically cancel your | | |
| Spokane | | policy without any fees or penalties if | | Countersignature: The signature of a |
| Inglewood | | you act within this time period. | | licensed agent or representative on a |
| Grand Prairie | | | | policy. |
| Coral Springs | | Why not take advantage of current | | |
| Hickory | | low prices? Many auto insurance | | Policy Period (or Term): The period |
| San Jose | | consumers are becoming educated | | during which the policy contract |
| Flushing | | on other companies, plans, and rates | | affords protection, e.g., six months or |
| Raleigh | | that are available to them; ones that | | one or three years. |
| Malden | | could afford them significant savings | | |
| Philadelphia | | on their auto insurance. | | Liabilities: Money owed or expected |
| High Point | | | | to be owed. Insurance company |
| Downey | | Life insurance, specifically Term Life, | | financial statements, for instance, |
| New Port Richey | | is arguably one of the best values in | | show assets and liabilities. |
| High Point | | the entire financial services arena. | | |
| Scottsdale | | Where else can you go and get | | Agent's License: A certificate of |
| Johnson City | | hundreds of thousands of dollars in | | authority from the state which permits |
| Seattle | | protection for literally pennies per | | the agent to conduct business. |
| San Diego | | day? Rates for Term Life insurance | | |
| Amarillo | | remain at all-time lows, and now is the | | Mutualization: The process of |
| Myrtle Beach | | time to lock in the best prices. | | converting a stock insurer to a mutual |
| Newark | | | | insurer, accomplished by having the |
| Racine | | | | insurer buy stock and retire it. |
