Interest Adjusted Method
- Interest Adjusted Index
MR. C.L. TROWBRIDGE: My interest in this challenging subject goes back to my membership on the 1970 Joint Special Committee chaired by Jack Moorhead.
This Committee proposed what was then known as the interest-adjusted method, which later became the basis of the NAIC approach now in effect in some 2/3 of the states.
1981 - INDIVIDUAL LIFE INSURANCE COST DISCLOSURE ISSUES, Society of Actuaries