| Term | Definition |
| adverse | unfavorable; opposing |
| applicable | appropriate; have a bearing on |
| avocation | something a person likes to do in addition to a regular job; hobby |
| beneficiary | person who is to receive money or property from will or insurance policy |
| cancel | stop; put to an end |
| contemplate | think about; have in mind; consider |
| duration | length of time |
| insurance | protection; agreement for money payment in case of loss |
| interval | period of time between |
| misrepresentation | giving a wrong ideal of |
| occupation | business; employment; trade |
| premium | extra amount of money |
| propose | put forward for consideration |
| rebate | return money paid |
| remittance | the money that is sent |
| renewal | giving or getting for a new period |
| residence | the place where a person lives; house; home |
| revoke | take back |
| submit | turn in or give in |
| void | make of no legal force or effect; invalidate |