Marshall Is Interested in Determining the Cost Per Thousand of His

question 19

Multiple Choice

Marshall is interested in determining the cost per thousand of his life insurance policy.Which of the following will provide Marshall the most meaningful measure of the cost per thousand dollars per year of his life insurance?

• A)the needs approach
• B)the traditional net cost method
• C)the human life value approach
• D)the surrender cost index

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Definitions:

Topical

Pertaining to a medication or treatment applied directly to a part of the body or to the surface of a body area.

-Al

A suffix meaning related to or pertaining to, used in the formation of adjectives.

Somatotrophic

Pertaining to or promoting somatic growth, often referred to in context with growth hormone that stimulates growth, cell reproduction, and cell regeneration.

Troph

A suffix indicating growth, development, or nourishment, often used in biological contexts.