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| Warwick | | Healthy people have the best | | Deflation: An economic period |
| Inglewood | | mortality risks and thus are much | | characterized by falling prices, high |
| Los Angeles | | cheaper for companies to insure. This | | unemployment and a generally |
| New Port Richey | | translates into lower rates for the | | sluggish or slow economy. |
| Grand Rapids | | Super Preferred customer than | | |
| Tacoma | | someone with higher risk factors such | | Admitted (or Allowed) Assets: Assets |
| Birmingham | | as a heart condition, cancer or | | whose values are permitted by state |
| Independence | | diabetes. Conversely, if you were | | law to be included in the annual |
| Jacksonville | | unhealthy when you acquired your | | statement of the insurer. |
| Thousand Oaks | | policy, and your health has now | | |
| Lafayette | | improved, it might be time to shop for | | Incurred Expense: Expenses not yet |
| Wilmington | | a new policy, as your rates are likely | | paid. Can also include paid |
| Des Moines | | to be lower. | | expenses in some accounting |
| Muncie | | | | systems. |
| Belleville | | Everyone has different needs, and | | |
| Lakeland | | not one size fits all when it comes to | | Insolvent Insurer: An insurer which is |
| Southfield | | term life insurance. While it may make | | unable to meet its financial |
| Cleveland | | sense for people in their 30s and 40s | | obligations. |
| Pasadena | | to secure a 20-year term length, a | | |
| Santa Ana | | 10-year term might be more | | United States Aircraft Insurance |
| Green Bay | | appropriate for someone nearing | | Group: A group of insurers providing |
| Mobile | | retirement. | | facilities for all forms of Aviation |
| Spokane | | | | Insurance. |
| Hollywood | | Make sure you have a new policy in | | |
| West Palm Beach | | place before you cancel your old one | | Operating Expense: The expense of |
| San Jose | | to avoid a lapse in coverage. This will | | an insurer other than commissions |
| Nashville | | also prevent having to figure out the | | and taxes. Called " and Insurance |
| Florence | | amount of any unused premium that is | | Expense" in the convention statement |
| Scottsdale | | due to you from your old insurance | | blank. |
| Waterloo | | company, or having to spar with your | | |
| Morristown | | agent about exactly when your policy | | Losses Incurred: The total losses, |
| Williamsport | | was cancelled and how much they | | whether paid or not, sustained by an |
| Athens | | owe you. | | insurer during a given period, e.g., 12 |
| Reno | | | | months. |
