| | | | |
|
| Irving | | Make sure you have a new policy in | | Captive Agent: One who sells |
| Southfield | | place before you cancel your old one | | insurance for only one company as |
| Stuart | | to avoid a lapse in coverage. This will | | opposed to an agent who represents |
| Decatur | | also prevent having to figure out the | | several companies. |
| Huntington Beach | | amount of any unused premium that is | | |
| Harrisburg | | due to you from your old insurance | | Agent's Qualification Law: Education, |
| Cherry Hill | | company, or having to spar with your | | experience, and other requirements |
| Williamsport | | agent about exactly when your policy | | imposed by the state upon persons |
| Reno | | was cancelled and how much they | | desiring to be licensed as agents. |
| Union | | owe you. | | |
| Berkeley | | | | Valuation Clause: A clause stating the |
| Lawrenceville | | Everyone has different needs, and | | value of items for insurance |
| Boise | | not one size fits all when it comes to | | purposes, making it a valued policy. |
| Florence | | term life insurance. While it may make | | |
| Englewood | | sense for people in their 30s and 40s | | Stock Option Plan: Surviving |
| Independence | | to secure a 20-year term length, a | | stockholders have the option to |
| Macon | | 10-year term might be more | | purchase or not purchase the shares |
| Rochester | | appropriate for someone nearing | | of a deceased stockholder. |
| Albuquerque | | retirement. | | |
| Augusta | | | | Gain and Loss Exhibit: The portion of |
| Lake Worth | | While some companies raise their | | the convention blank which |
| Morristown | | prices based on your actual age, | | represents an analysis of gains, |
| Albany | | most companies increase the price of | | losses, and surplus during an |
| High Point | | their policies six months before your | | accounting period. |
| Newport News | | birthday. Its a term called Age | | |
| Valdosta | | Nearest in the industry, and that | | Not Taken: Policies applied for and |
| Thousand Oaks | | half-year price increase could really | | issued but rejected by the proposed |
| Fayetteville | | add up over a 20-year term policy. As | | owner and not paid for. |
| Tyler | | above, the quicker you purchase your | | |
| Stuart | | policy the better. | | Will Ride: Coverage that remains in |
| Owensboro | | | | effect regardless of the geographical |
| Longview | | Healthy people have the best | | location in which a loss occurs. |
| Long Island City | | mortality risks and thus are much | | |
| Jonesboro | | cheaper for companies to insure. This | | Agent's Balance: A periodic |
| Longwood | | translates into lower rates for the | | statement of the sums due and owed |
| Trenton | | Super Preferred customer than | | to an agent under the agent's contract |
| Santa Barbara | | someone with higher risk factors such | | with an insurer. |
| Phoenix | | as a heart condition, cancer or | | |
| Des Moines | | diabetes. Conversely, if you were | | |
| Hemet | | unhealthy when you acquired your | | |
| San Diego | | policy, and your health has now | | |
| Clinton Township | | improved, it might be time to shop for | | |
| Mesquite | | a new policy, as your rates are likely | | |
| Los Angeles | | to be lower. | | |
