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| Jersey City | | Make sure you have a new policy in | | Operating Expense: The expense of |
| Baltimore | | place before you cancel your old one | | an insurer other than commissions |
| Jacksonville | | to avoid a lapse in coverage. This will | | and taxes. Called " and Insurance |
| Tallahassee | | also prevent having to figure out the | | Expense" in the convention statement |
| Roanoke | | amount of any unused premium that is | | blank. |
| Woodbridge | | due to you from your old insurance | | |
| Littleton | | company, or having to spar with your | | Equity: The money value of an |
| Evansville | | agent about exactly when your policy | | insurance company that is over and |
| Salem | | was cancelled and how much they | | above its liabilities. Liabilities include |
| Kalamazoo | | owe you. | | almost all of its reserves. |