1996-3

  • The group first considered a suggestion from Chris Kite (FIPSCO) for a new type of index that would allow consumers to compare the assumptions in the illustration.
  • The group reviewed comments in favor of and opposed to the method described by Mr. Kite.
  • Mr. Kite said his index has the advantage of prompting the prospect to question assumptions used.

  • Delmer Borah (MassMutual) suggested that consumers are more concerned about total cost than assumptions.
  • Brenda Cude (Cooperative Extension Service) opined that the target audience does not care about assumptions

1996-3, NAIC Proceedings