They refer to the emotional depths and heights of romantic relationships.
Virtuous and loving is your answer.
In this passage, Paul is characterized as upset. He is talking back to his father and being disrespectful because he is angry about how he is being treated. He is upset that his father called him his boy instead of his son. He is also upset that his father will not let him make his own decisions about riding other people's horses. Paul is starting to feel more apart from his own family than he ever has before. In the story, Paul is realizing the differences between him and his white family.
The value of the premiums the company takes in is higher than the value of the payouts it makes.
The insurance company always has a collection of premium. They will pool these premiums and invest it to other investments that have guaranteed payouts with the highest interest earned. In the event of payout, all revenue earned net of the amount paid is the profit of the insurance company.