The lower the interest-adjusted index, the lower the cost of a life insurance policy.

Name: The lower the interest-adjusted index, the lower the cost of a life insurance policy.
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Question

Quizplus · Accepted Answer

The interest-adjusted index is used to compare the costs of different life insurance policies, taking into account the time value of money. The lower the index, the lower the cost of the policy. Therefore, the statement is true.

The Lower the Interest-Adjusted Index, the Lower the Cost of a Life