All of the Following Statements About the Surrender Cost Index

question 26

Multiple Choice

All of the following statements about the surrender cost index for measuring the cost of life insurance are true EXCEPT

• A)It is based on a specific time period,such as 10 or 20 years.
• B)It takes into account the settlement options available in the policy.
• C)It requires that annual premiums be accumulated at a specified interest rate.
• D)It takes the amount and timing of each dividend into consideration.

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Definitions:

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A cover letter sent to a potential employer for a job that has not been advertised or requested by the recipient.

Reader's Business

The specific context, industry, or area of interest relevant to the person or audience for whom a text is written.

Specific Skills

Distinct abilities or expertise required to perform particular tasks or functions within a job or activity.

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An individual characterized by the initiative and ability to begin work or undertake tasks without needing external encouragement or direction.