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| St. Joseph | | People who are trying to quit | | Mandatory Valuation Reserve: A |
| Huntsville | | smoking, for example, might be best | | reserve required by a state law to |
| Seattle | | suited purchasing a shorter term (and | | offset any declines in the valuation of |
| Columbus | | then replacing it with a longer term | | securities listed as admitted assets. |
| Grand Junction | | policy when they qualify for | | |
| Honolulu | | non-tobacco prices). | | Other Insurance: The existence of |
| Long Beach | | | | other contracts covering the same |
| Jackson | | Life insurance, specifically Term Life, | | interest and perils. |
| Savannah | | is arguably one of the best values in | | |
| Gaithersburg | | the entire financial services arena. | | Brokerage Business: Business |
| Hartford | | Where else can you go and get | | offered to an insurer by a broker. This |
| Malden | | hundreds of thousands of dollars in | | is sometimes called excess or |
| Lakewood | | protection for literally pennies per | | surplus business. |
| Huntington | | day? Rates for Term Life insurance | | |
| Metairie | | remain at all-time lows, and now is the | | Society of Insurance Research: An |
| Minneapolis | | time to lock in the best prices. | | organization which encourages |
| Goldsboro | | | | insurance research and promotes the |
| Clarksville | | If you have noticed that your auto | | exchange of ideas and methods of |
| Biloxi | | insurance rates are still increasing | | research. |
| Nashua | | with each renewal, or even have not | | |
| Grand Rapids | | gone down even though you have a | | Paid-In Surplus: Surplus paid in by |
| Redlands | | great driving record, this lower pricing | | stockholders, as contrasted with |
| Seattle | | trend makes it more important then | | surplus earned through the |
| Denton | | ever that you shop around for auto | | operations of a business. |
| Lawrenceville | | insurance. | | |
| Stuart | | | | Gain and Loss Exhibit: The portion of |
| Los Angeles | | Everyone has different needs, and | | the convention blank which |
| Fall River | | not one size fits all when it comes to | | represents an analysis of gains, |
| Green Bay | | term life insurance. While it may make | | losses, and surplus during an |
| Honolulu | | sense for people in their 30s and 40s | | accounting period. |
| New York | | to secure a 20-year term length, a | | |
| Boise | | 10-year term might be more | | Loss Adjustment Expense: The cost |
| Lubbock | | appropriate for someone nearing | | of adjusting losses, excluding the |
| Huntington Beach | | retirement. | | amount of the loss itself. |