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| Fairfax | | Make sure you have a new policy in | | You/Your: These words are used to |
| Quincy | | place before you cancel your old one | | refer to the named insured in many of |
| Vancouver | | to avoid a lapse in coverage. This will | | the modernized/personalized policy |
| Walnut Creek | | also prevent having to figure out the | | forms. |
| Tyler | | amount of any unused premium that is | | |
| Miami | | due to you from your old insurance | | Lloyd's Broker: A person who has the |
| Columbus | | company, or having to spar with your | | authority to negotiate insurance |
| Muskegon | | agent about exactly when your policy | | contracts with the underwriters on the |
| Waco | | was cancelled and how much they | | floor at Lloyd's. |
| Venice | | owe you. | | |
| Oxnard | | | | Premium Receipt: The receipt given |
| Bronx | | Individuals who have 30-year | | a policy owner for the payment of a |
| Olympia | | mortgages might want to consider a | | premium. |
| Roanoke | | 30-year term to ensure that the house | | |
| Las Vegas | | is protected throughout the period of | | Retail Credit Company: The former |
| Alexandria | | the loan. | | name of Equifax, a credit reporting |
| Gainesville | | | | organization. See Equifax. |
| Sioux Falls | | The best time to switch policies is | | |
| Fairfax | | within one month of receiving your | | Business: In Property, Liability, and |
| Jasper | | policy renewal from your current | | Health lines, it usually refers to the |
| Stockbridge | | insurer. You can typically cancel your | | volume of premiums. |
| Warren | | policy without any fees or penalties if | | |
| Corpus Christi | | you act within this time period. | | Professional Insurance Agents |
| Des Moines | | | | Association: A trade association of |
| Hattiesburg | | Everyone has different needs, and | | mutual insurance agents. |
| Pittsburgh | | not one size fits all when it comes to | | |
| Louisville | | term life insurance. While it may make | | Overlapping Insurance: Coverage |
| Elkhart | | sense for people in their 30s and 40s | | from two or more policies or insurers |
| Troy | | to secure a 20-year term length, a | | which duplicates coverage of certain |
| Scottsdale | | 10-year term might be more | | risks. |
| Grand Rapids | | appropriate for someone nearing | | |
| Edmond | | retirement. | | Policywriting Agent: An agent who has |
| Reno | | | | the authority to prepare and effect an |
| Muncie | | While some companies raise their | | insurer's policy. |
| Evansville | | prices based on your actual age, | | |
| St. Joseph | | most companies increase the price of | | |
| Springfield | | their policies six months before your | | |
| Gainesville | | birthday. Its a term called Age | | |
| Scranton | | Nearest in the industry, and that | | |
| Scranton | | half-year price increase could really | | |
| Chattanooga | | add up over a 20-year term policy. As | | |
| Orange Park | | above, the quicker you purchase your | | |
| Fort Collins | | policy the better. | | |
