Average Net Cost

(redirected from Interest-Adjusted Cost)

Average Net Cost

The cost of an insurance policy, taking into account the time value of money. There are several different ways to calculate the average net cost. It is also called the interest adjusted cost.
References in periodicals archive ?
Only 26 percent know that the interest-adjusted cost is the best indicator of the cost of a whole life insurance policy.
Rate of Return Versus Interest-Adjusted Cost," Journal of Risk and Insurance, (March 1975), pp.
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