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| Honolulu | | Everyone has different needs, and | | Business: In Property, Liability, and |
| Duluth | | not one size fits all when it comes to | | Health lines, it usually refers to the |
| Hollywood | | term life insurance. While it may make | | volume of premiums. |
| St. Paul | | sense for people in their 30s and 40s | | |
| Garland | | to secure a 20-year term length, a | | Partnership Entity: The partnership |
| Tucson | | 10-year term might be more | | considered as an entity and not in |
| Myrtle Beach | | appropriate for someone nearing | | terms of its individual part-owners. |
| Gulfport | | retirement. | | |
| Brooklyn | | | | Valuation Clause: A clause stating the |
| Costa Mesa | | Healthy people have the best | | value of items for insurance |
| Colorado Springs | | mortality risks and thus are much | | purposes, making it a valued policy. |
| New Orleans | | cheaper for companies to insure. This | | |
| New York | | translates into lower rates for the | | Indemnity: Restoration to the victim of |
| Staten Island | | Super Preferred customer than | | a loss by payment, repair, or |
| Pittsburgh | | someone with higher risk factors such | | replacement. |
| Odessa | | as a heart condition, cancer or | | |
| Sumter | | diabetes. Conversely, if you were | | Standard Industry Code (SIC): This is |
| Union | | unhealthy when you acquired your | | a coding system which assigns |
| Akron | | policy, and your health has now | | separate codes for different types of |
| Charleston | | improved, it might be time to shop for | | industries. |
| Killeen | | a new policy, as your rates are likely | | |
| Alexandria | | to be lower. | | Multi-Peril Policies: Policies which |
| San Bernardino | | | | cover a number of perils, such as fire, |
| Fort Worth | | The quickest and easiest way to | | burglary, and liability, in a single |
| Madison | | shop for new insurance is by | | contract. |
| Gaithersburg | | comparing rates at InsWebs online | | |
| Newark | | marketplace. If you do it the | | Federal Deposit Insurance |
| Oakland | | old-fashioned way (by calling or | | Corporation (FDIC): An agency of the |
| Bakersfield | | visiting multiple agents or insurance | | federal government which insures |
| Fort Collins | | companies) it could take up a huge | | bank deposits up to a stated |
| Long Island City | | chunk of your time, which no one | | maximum. |
| Worcester | | wants or needs. By completing | | |
| Springfield | | InsWebs online application, you will | | Flat Cancellation: A policy which is |
| Glendale | | have rates to compare to your old | | cancelled upon its effective date. |
| Inglewood | | ones within minutes! | | Usually under a flat cancellation no |
| Scranton | | | | premium charge is made. |
