| | | | |
|
| Charlotte | | People who are trying to quit | | Renewal: The reestablishment of the |
| Boise | | smoking, for example, might be best | | in-force status of a policy, the term of |
| Schaumburg | | suited purchasing a shorter term (and | | which has expired or will expire |
| Baton Rouge | | then replacing it with a longer term | | unless it is renewed. |
| Oceanside | | policy when they qualify for | | |
| Dallas | | non-tobacco prices). | | Theory of Probability: The |
| San Francisco | | | | mathematical principle upon which |
| Columbia | | Everyone has different needs, and | | insurance is based. |
| Bay City | | not one size fits all when it comes to | | |
| St. Paul | | term life insurance. While it may make | | Fiduciary: A person holding the funds |
| Jacksonville | | sense for people in their 30s and 40s | | or property of another in a position of |
| High Point | | to secure a 20-year term length, a | | trust. An example would be the |
| Dothan | | 10-year term might be more | | executor of an estate. |
| Winter Park | | appropriate for someone nearing | | |
| Charleston | | retirement. | | Monoline Policy: Any insurance |
| Phoenix | | | | coverage written as a single line |
| Springfield | | At InsWeb, you can compare free | | policy. Contrast with Multiple Line or |
| Toms River | | online insurance quotes from many of | | Package policy. |
| Hickory | | the nations leading insurance | | |
| St. Paul | | companies. | | Exclusion: A contractual provision that |
| Birmingham | | | | denies coverage for certain perils, |
| Dallas | | The quickest and easiest way to | | persons, property, or locations. |
| Columbia | | shop for new insurance is by | | |
| Jacksonville | | comparing rates at InsWebs online | | Loss Adjustment Expense: The cost |
| Redlands | | marketplace. If you do it the | | of adjusting losses, excluding the |
| Williamsburg | | old-fashioned way (by calling or | | amount of the loss itself. |
| Youngstown | | visiting multiple agents or insurance | | |
| Elkhart | | companies) it could take up a huge | | Public Adjuster: An insurance adjuster |
| Tyler | | chunk of your time, which no one | | who represents an insured on a fee |
| Des Moines | | wants or needs. By completing | | basis in claims settlement. Contrast |
| Cape Coral | | InsWebs online application, you will | | with Independent Adjuster. |
| Hendersonville | | have rates to compare to your old | | |
| Poughkeepsie | | ones within minutes! | | Policy Period (or Term): The period |
| Peoria | | | | during which the policy contract |
| Flint | | | | affords protection, e.g., six months or |
| Tulsa | | | | one or three years. |
