| | | | |
|
| Erie | | If you decide to cancel your policy | | Examiner: An employee assigned by |
| Bethlehem | | (after acquiring new coverage) | | the state insurance department to |
| Sarasota | | outside of the 30-day period, you may | | audit insurers' records. |
| Lawton | | have to pay a fee or penalty. | | |
| Burbank | | However, you may still save money | | Policywriting Agent: An agent who has |
| Raleigh | | after paying the fee if your new policy | | the authority to prepare and effect an |
| Fort Myers | | affords you significant savings. So | | insurer's policy. |
| Mansfield | | while it is best to wait until your | | |
| Gulfport | | receive your renewal notice, you CAN | | Malinger: To feign a disability for the |
| Hickory | | cancel your policy at any time. | | purpose of continuing to collect |
| Detroit | | | | benefits longer than actually |
| Vero Beach | | Healthy people have the best | | necessary. |
| Fayetteville | | mortality risks and thus are much | | |
| Stockton | | cheaper for companies to insure. This | | Short-Term Policy: A policy written for |
| Madison | | translates into lower rates for the | | a period of less time than is normal for |
| Anchorage | | Super Preferred customer than | | that type of policy. |
| Escondido | | someone with higher risk factors such | | |
| Bradenton | | as a heart condition, cancer or | | Liquidity: The ability of an insurer to |
| Decatur | | diabetes. Conversely, if you were | | convert its assets into cash to pay |
| Lake Charles | | unhealthy when you acquired your | | claims if necessary. |
| Vineland | | policy, and your health has now | | |
| Mobile | | improved, it might be time to shop for | | Policy Anniversary: The anniversary |
| Chicago | | a new policy, as your rates are likely | | of the date of issue of a policy as |
| Indianapolis | | to be lower. | | shown in the policy declarations. |
