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| Davenport | | Make sure you have a new policy in | | Tickler: A reminder system used to |
| Lakewood | | place before you cancel your old one | | call an individual's attention to actions |
| Sunnyvale | | to avoid a lapse in coverage. This will | | that must be taken at a future point in |
| Cleveland | | also prevent having to figure out the | | time. |
| Billings | | amount of any unused premium that is | | |
| Chula Vista | | due to you from your old insurance | | Other Insurance: The existence of |
| Macon | | company, or having to spar with your | | other contracts covering the same |
| Fort Wayne | | agent about exactly when your policy | | interest and perils. |
| Bloomington | | was cancelled and how much they | | |
| Reading | | owe you. | | Policy Anniversary: The anniversary |
| Richmond | | | | of the date of issue of a policy as |
| Yuma | | Healthy people have the best | | shown in the policy declarations. |
| Hickory | | mortality risks and thus are much | | |
| Chula Vista | | cheaper for companies to insure. This | | Incurred Expense: Expenses not yet |
| Asheville | | translates into lower rates for the | | paid. Can also include paid |
| Youngstown | | Super Preferred customer than | | expenses in some accounting |
| Wichita | | someone with higher risk factors such | | systems. |
| Glendale | | as a heart condition, cancer or | | |
| Fullerton | | diabetes. Conversely, if you were | | Gain and Loss Exhibit: The portion of |
| Warren | | unhealthy when you acquired your | | the convention blank which |
| Delray Beach | | policy, and your health has now | | represents an analysis of gains, |
| Hattiesburg | | improved, it might be time to shop for | | losses, and surplus during an |
| Burbank | | a new policy, as your rates are likely | | accounting period. |
| Naples | | to be lower. | | |
| South Bend | | | | Agency Contract (or Agreement): The |
| Dallas | | Life insurance, specifically Term Life, | | document which establishes the legal |
| Corona | | is arguably one of the best values in | | relationship between an agent and an |
| San Jose | | the entire financial services arena. | | insurer. |
| Monroe | | Where else can you go and get | | |
| Florence | | hundreds of thousands of dollars in | | Indemnity: Restoration to the victim of |
| Charleston | | protection for literally pennies per | | a loss by payment, repair, or |
| Alameda | | day? Rates for Term Life insurance | | replacement. |
| Independence | | remain at all-time lows, and now is the | | |
| Pueblo | | time to lock in the best prices. | | FICA. Federal Insurance Contributions |
| Elkhart | | | | Act: A law imposing a payroll tax to |
| South Bend | | | | assist in funding Social Security |
| Daytona Beach | | | | benefits. |
