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| Greenville | | Individuals who have 30-year | | Earned Income: The money |
| Reno | | mortgages might want to consider a | | individuals earn as a result of working |
| Palm Desert | | 30-year term to ensure that the house | | at some job or occupation for which |
| Oakland | | is protected throughout the period of | | they are paid a salary. |
| Midland | | the loan. | | |
| Edison | | | | Calendar Year Experience: This |
| Omaha | | People who are trying to quit | | measures the premiums and losses |
| Pembroke Pines | | smoking, for example, might be best | | entered on accounting records during |
| Flint | | suited purchasing a shorter term (and | | the 12-month calendar. |
| Amarillo | | then replacing it with a longer term | | |
| High Point | | policy when they qualify for | | Domestic Insurer (or Company): An |
| Garland | | non-tobacco prices). | | insurer formed under the laws of the |
| Aurora | | | | state in which the insurance is written. |
| Jackson | | Healthy people have the best | | |
| West Palm Beach | | mortality risks and thus are much | | Partial Loss: A loss covered by an |
| Sioux City | | cheaper for companies to insure. This | | insurance policy which does not |
| Grand Junction | | translates into lower rates for the | | completely destroy or render |
| Boston | | Super Preferred customer than | | worthless the insured property. |
| Tuscaloosa | | someone with higher risk factors such | | |
| Harlingen | | as a heart condition, cancer or | | Convention Values: Values assigned |
| Tempe | | diabetes. Conversely, if you were | | to insurers' assets in the convention |
| Lafayette | | unhealthy when you acquired your | | blank. |
| Redlands | | policy, and your health has now | | |
| Southfield | | improved, it might be time to shop for | | New For Old: Replacing old |
| Oxnard | | a new policy, as your rates are likely | | damaged parts or equipment with |
| Clarksville | | to be lower. | | new ones rather than repairing them. |
