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| Gainesville | | While some companies raise their | | Gross Premium: The net premium |
| Lincoln | | prices based on your actual age, | | plus operating expenses, |
| Muncie | | most companies increase the price of | | commissions and other expenses. |
| Frederick | | their policies six months before your | | |
| Ann Arbor | | birthday. Its a term called Age | | Capital Sum: The maximum lump sum |
| Sunnyvale | | Nearest in the industry, and that | | payable in the event of accidental |
| Kansas City | | half-year price increase could really | | death or dismemberment. |
| Texarkana | | add up over a 20-year term policy. As | | |
| Ocala | | above, the quicker you purchase your | | Endorsement: A written or printed form |
| Grand Junction | | policy the better. | | attached to the policy which alters |
| Mesa | | | | provisions of the contract. |
| Savannah | | People who are trying to quit | | |
| High Point | | smoking, for example, might be best | | Renewal: The reestablishment of the |
| Hattiesburg | | suited purchasing a shorter term (and | | in-force status of a policy, the term of |
| Burbank | | then replacing it with a longer term | | which has expired or will expire |
| Waco | | policy when they qualify for | | unless it is renewed. |
| Atlanta | | non-tobacco prices). | | |
| Vero Beach | | | | Net Retention: The amount of |
| Lakewood | | At InsWeb, you can compare free | | insurance that a ceding company |
| Phoenix | | online insurance quotes from many of | | keeps for its own account and does |
| San Diego | | the nations leading insurance | | not reinsure. |
| Grand Rapids | | companies. | | |
| Rochester | | | | Amendment: A formal document |
| Quincy | | If you decide to cancel your policy | | which corrects or revises an |
| Shreveport | | (after acquiring new coverage) | | insurance master policy. |
| Corpus Christi | | outside of the 30-day period, you may | | |
| Pittsburgh | | have to pay a fee or penalty. | | Incurred Expense: Expenses not yet |
| Mansfield | | However, you may still save money | | paid. Can also include paid |
| Houma | | after paying the fee if your new policy | | expenses in some accounting |
| Topeka | | affords you significant savings. So | | systems. |
| Council Bluffs | | while it is best to wait until your | | |
| Birmingham | | receive your renewal notice, you CAN | | Lloyd's Broker: A person who has the |
| Frederick | | cancel your policy at any time. | | authority to negotiate insurance |
| Cherry Hill | | | | contracts with the underwriters on the |
| Fort Myers | | | | floor at Lloyd's. |
