The Interest Adjusted Net Cost Index

question 177

Multiple Choice

The interest adjusted net cost index

• A)should be used to compare the relative cost of whole life and term insurance.
• B)calculates the annual cost of a given amount of insurance protection based upon a 5% return on alternative investments.
• C)is used to measure the financial stability of insurance companies.
• D)is equal to net premiums (annual premiums less dividends).

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