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| Edison | | Make sure you have a new policy in | | Gross Premium: The net premium |
| South Bend | | place before you cancel your old one | | plus operating expenses, |
| Las Cruces | | to avoid a lapse in coverage. This will | | commissions and other expenses. |
| Cincinnati | | also prevent having to figure out the | | |
| Garland | | amount of any unused premium that is | | Submitted Business: Applications for |
| Tampa | | due to you from your old insurance | | insurance submitted to an insurer but |
| Inglewood | | company, or having to spar with your | | not yet acted upon by it. |
| Flint | | agent about exactly when your policy | | |
| Lancaster | | was cancelled and how much they | | Will Ride: Coverage that remains in |
| Mountain View | | owe you. | | effect regardless of the geographical |
| Bradenton | | | | location in which a loss occurs. |
| Ogden | | While some companies raise their | | |
| Frederick | | prices based on your actual age, | | Paid-In Surplus: Surplus paid in by |
| Los Angeles | | most companies increase the price of | | stockholders, as contrasted with |
| Whittier | | their policies six months before your | | surplus earned through the |
| Erie | | birthday. Its a term called Age | | operations of a business. |
| Elkhart | | Nearest in the industry, and that | | |
| Brooklyn | | half-year price increase could really | | Commingling: An illegal practice |
| Florissant | | add up over a 20-year term policy. As | | which occurs when an agent mixes |
| Lafayette | | above, the quicker you purchase your | | personal funds with the insured's or |
| Hot Springs | | policy the better. | | insurer's funds. |
