Life Insurance Cost Disclosure: A Staff Report to the Federal Trade Commission |
Common terms and phrases
agent annual premium annuity Appendix average annual rate Belth billion calculation cash value insurance cash value policies coefficient of variation company retention index consumers contract cost comparison cost disclosure cost of similar cost policy death benefits death protection difference disclosure system endowment policy equivalent level annual face amount Fact Book Footnote Continued Full Vesting guaranteed illustrated dividends income index numbers insurance companies insurance cost insurance industry insurance policies interest rate investment issue age lapse lapse rate Linton Yield low cost low-cost policy Moss Subcommittee Report NAIC model regulation ordinary life insurance participating policies payable percent permanent life insurance policy's policyholders Preliminary Policy Summary purchase rate of return renewable term savings fund side fund similar policies Society of Actuaries supra Surrender Cost Index surrender index Table term insurance term life insurance term policies term rates whole life insurance whole life policy