Life Insurance Cost Comparison Task Force - NAIC

1975-2 NAIC Proc. 

Life Insurance Cost Comparison (C3) Task Force: Research Project Reports Available, May, 1975

PROJECT REPORTS

Research Project One

  • (Production of a life insurance cost data base in cooperation with the Antitrust Subcommittee of the U.S. Senate's Judiciary Committee.) Portions published by the Antitrust Subcommittee as follows:
    United States. Senate. Judiciary Committee. The Life Insurance Industry: Hearings Before the Subcommittee on Antitrust and Monopoly. 93rd Cong., 2nd Sess., Pt. 4. Washington D.C., G.P.O. (Su Doc No. Y4. J89/2: In 7/5 Pt. 4), 16 July 1974. $9.25. (Available from the Government Printing Office.)
  • Research Project Two
    Society of Actuaries. Analysis of Life Insurance Cost Comparison Index Methods. September 1974. $7.00. (Available from the Society of Actuaries.)

DRAFT PROPOSED LIFE INSURANCE SOLICITATION MODEL REGULATION - June 1975 Exposure Draft - benefit-to-premium methods

the survey appears to have tapped a more generalized "right to know."

  • However, as we have stressed previously, at the time a life insurance policy is issued, the 'true cost' of a policy cannot be determined under any circumstances by any method.