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| Mountain View | | While some companies raise their | | Policy Anniversary: The anniversary |
| Allentown | | prices based on your actual age, | | of the date of issue of a policy as |
| New Orleans | | most companies increase the price of | | shown in the policy declarations. |
| Tulsa | | their policies six months before your | | |
| Duluth | | birthday. Its a term called Age | | Admitted (or Allowed) Assets: Assets |
| Durham | | Nearest in the industry, and that | | whose values are permitted by state |
| Lancaster | | half-year price increase could really | | law to be included in the annual |
| Rockville | | add up over a 20-year term policy. As | | statement of the insurer. |
| Naples | | above, the quicker you purchase your | | |
| Anchorage | | policy the better. | | Partnership: A business enterprise |
| Tyler | | | | owned and operated by two or more |
| Palm Desert | | If you decide to cancel your policy | | persons for the purpose of generating |
| Lubbock | | (after acquiring new coverage) | | business income and profits. |
| Tuscaloosa | | outside of the 30-day period, you may | | |
| Lincoln | | have to pay a fee or penalty. | | Net Interest Earned: The average |
| Bronx | | However, you may still save money | | interest earned by an insurer on its |
| Sunnyvale | | after paying the fee if your new policy | | investments after investment expense |
| Wilmington | | affords you significant savings. So | | but before federal income taxes. |
| Tyler | | while it is best to wait until your | | |
| Charlotte | | receive your renewal notice, you CAN | | Paid-In Surplus: Surplus paid in by |
| Bradenton | | cancel your policy at any time. | | stockholders, as contrasted with |
| Norfolk | | | | surplus earned through the |
| Greeley | | Individuals who have 30-year | | operations of a business. |
| Pembroke Pines | | mortgages might want to consider a | | |
| Evansville | | 30-year term to ensure that the house | | Agent's Qualification Law: Education, |
| Shreveport | | is protected throughout the period of | | experience, and other requirements |
| Westbury | | the loan. | | imposed by the state upon persons |
| Allentown | | | | desiring to be licensed as agents. |
| Jackson | | People who are trying to quit | | |
| Ventura | | smoking, for example, might be best | | Preferred Risk: Any risk considered |
| Asheville | | suited purchasing a shorter term (and | | to be better than the standard risk on |
| Allentown | | then replacing it with a longer term | | which the premium rate was |
| Modesto | | policy when they qualify for | | calculated. |
| Little Rock | | non-tobacco prices). | | |
