Which of the following statements about the surrender cost index for m

Which of the following statements about the surrender cost index for measuring the cost of life insurance is true?

A) It is based on the assumption that the policy will be in force indefinitely.
B) It takes into account the settlement options available in the policy.
C) It does not consider the cash value in the policy.
D) It takes the amount and timing of each dividend into consideration.

ANSWER

Answer: D