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:

Thickness

The measure of how broad or wide a layer or feature is from one side to the other, often used in geological contexts to describe rock layers.

Regional Elevation

the average height of a specific, extensive area above sea level, often determining its climate and ecosystem.

Crust Density

The mass per unit volume of the Earth's crust, indicating how compact or sparse the crustal materials are.

Temperature

A physical quantity that expresses hot and cold, measured on a scale based on the freezing and boiling points of water.