The Best Method of Comparing the Cost of Cash-Value Life

question 53

Multiple Choice

The best method of comparing the cost of cash-value life insurance that is expected to be held until death is the

• A) ​cost per $1,000 of coverage.
• B) ​interest-adjusted cost index method.
• C) ​interest-adjusted net payment index method.
• D) ​net cost method.

---

Definitions:

Vocational

medium- and heavy-duty trucks used for specific work applications rather than linehaul. Examples would be dump trucks, milk tankers, fire trucks, cement trucks, cranes, fuel tankers, etc.

Countershafts

Secondary shafts in a gearbox that transmit motion from the main shaft to various gears, altering the output speed and torque.

Output Torque

The rotational force produced by a device or engine, measured at the output shaft.

Trailer Front

The foremost part of a trailer, often designed to connect to the towing vehicle and includes the hitch among other components.