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| Waco | | Individuals who have 30-year | | Paid-In Surplus: Surplus paid in by |
| Staten Island | | mortgages might want to consider a | | stockholders, as contrasted with |
| Winter Haven | | 30-year term to ensure that the house | | surplus earned through the |
| Hollywood | | is protected throughout the period of | | operations of a business. |
| Anaheim | | the loan. | | |
| New York | | | | Stock Option Plan: Surviving |
| Naperville | | Everyone has different needs, and | | stockholders have the option to |
| Pittsburgh | | not one size fits all when it comes to | | purchase or not purchase the shares |
| Rome | | term life insurance. While it may make | | of a deceased stockholder. |
| Durham | | sense for people in their 30s and 40s | | |
| Charleston | | to secure a 20-year term length, a | | Gain and Loss Exhibit: The portion of |
| Pittsburgh | | 10-year term might be more | | the convention blank which |
| San Bernardino | | appropriate for someone nearing | | represents an analysis of gains, |
| Redlands | | retirement. | | losses, and surplus during an |
| El Cajon | | | | accounting period. |
| Lorain | | Make sure you have a new policy in | | |
| Boise | | place before you cancel your old one | | Gross Premium: The net premium |
| Costa Mesa | | to avoid a lapse in coverage. This will | | plus operating expenses, |
| Las Vegas | | also prevent having to figure out the | | commissions and other expenses. |
| Sumter | | amount of any unused premium that is | | |
| Virginia Beach | | due to you from your old insurance | | Net Retention: The amount of |
| Staten Island | | company, or having to spar with your | | insurance that a ceding company |
| Rochester | | agent about exactly when your policy | | keeps for its own account and does |
| West Palm Beach | | was cancelled and how much they | | not reinsure. |
| New Orleans | | owe you. | | |
| Youngstown | | | | Agency: An insurance sales office |
| Wichita | | People who are trying to quit | | which is directed by a agent, |
| Delray Beach | | smoking, for example, might be best | | manager, independent agent, or |
| Madison | | suited purchasing a shorter term (and | | company manager. |
| Fort Collins | | then replacing it with a longer term | | |
| Evanston | | policy when they qualify for | | Indemnity: Restoration to the victim of |
| Reading | | non-tobacco prices). | | a loss by payment, repair, or |
| Newport Beach | | | | replacement. |
| Fairfax | | While some companies raise their | | |
| Youngstown | | prices based on your actual age, | | |
| Topeka | | most companies increase the price of | | |
| Southfield | | their policies six months before your | | |
| Chandler | | birthday. Its a term called Age | | |
| New York | | Nearest in the industry, and that | | |
| Aurora | | half-year price increase could really | | |
| Yonkers | | add up over a 20-year term policy. As | | |
| Beaumont | | above, the quicker you purchase your | | |
| Oakland | | policy the better. | | |
