• 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.
  • 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. (p931)

--  1996-3V2, NAIC Proceedings - 1996 0815 - Report of the Cost Indices Subgroup of the Life Disclosure (A) Working Group