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| Rockford | | People who are trying to quit | | Liquidity: The ability of an insurer to |
| Albuquerque | | smoking, for example, might be best | | convert its assets into cash to pay |
| New Port Richey | | suited purchasing a shorter term (and | | claims if necessary. |
| Naples | | then replacing it with a longer term | | |
| Dothan | | policy when they qualify for | | Agency Contract (or Agreement): The |
| Sumter | | non-tobacco prices). | | document which establishes the legal |
| Las Vegas | | | | relationship between an agent and an |
| Mobile | | Make sure you have a new policy in | | insurer. |
| Portland | | place before you cancel your old one | | |
| Troy | | to avoid a lapse in coverage. This will | | Submitted Business: Applications for |
| Manchester | | also prevent having to figure out the | | insurance submitted to an insurer but |
| Tulsa | | amount of any unused premium that is | | not yet acted upon by it. |
| Chesapeake | | due to you from your old insurance | | |
| Rochester | | company, or having to spar with your | | Monoline Policy: Any insurance |
| Panama City | | agent about exactly when your policy | | coverage written as a single line |
| Fairfax | | was cancelled and how much they | | policy. Contrast with Multiple Line or |
| Lakeland | | owe you. | | Package policy. |