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| Hickory | | Everyone has different needs, and | | Agency Company: An insurance |
| Tampa | | not one size fits all when it comes to | | company that produces business |
| Columbus | | term life insurance. While it may make | | through an agency network. Contrast |
| Palo Alto | | sense for people in their 30s and 40s | | with Direct Writer. |
| Olympia | | to secure a 20-year term length, a | | |
| Turlock | | 10-year term might be more | | First Party Insurance: Insurance which |
| Alameda | | appropriate for someone nearing | | applies to coverage for the insured's |
| Asheville | | retirement. | | own property or person. Contrast with |
| Schaumburg | | | | Third Party Insurance. |
| Augusta | | The best time to switch policies is | | |
| Baltimore | | within one month of receiving your | | Countersignature: The signature of a |
| Reno | | policy renewal from your current | | licensed agent or representative on a |
| Pensacola | | insurer. You can typically cancel your | | policy. |
| Montgomery | | policy without any fees or penalties if | | |
| Rockford | | you act within this time period. | | Equity: The money value of an |
| Joliet | | | | insurance company that is over and |
| San Jose | | People who are trying to quit | | above its liabilities. Liabilities include |
| Tulsa | | smoking, for example, might be best | | almost all of its reserves. |
| Austin | | suited purchasing a shorter term (and | | |
| High Point | | then replacing it with a longer term | | Endorsement: A written or printed form |
| Bloomington | | policy when they qualify for | | attached to the policy which alters |
| Daytona Beach | | non-tobacco prices). | | provisions of the contract. |
