a. Why is the interest-adjusted cost method a more accurate measure of the cost of life insurance?
Question:
b. Briefly describe the surrender cost index as a method for determining the cost of life insurance.
c. Briefly describe the net payment cost index as a method for determining the cost of life insurance.
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a The interestadjusted cost method is a more accurate cost method since the time value of money is t...View the full answer
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Related Book For 
Principles of Risk Management and Insurance
ISBN: 978-0132992916
12th edition
Authors: George E. Rejda, Michael McNamara
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