Linton Yield

  • Albert Linton 
  • James Hunt
  • Richard C. MURPHY: One of your charges was to comment on the use of the Linton yields for dissimilar plans and to compare the costs.
    • Has your group made much progress on that issue?
  • William SNELL, Northwestern Mutual: We have looked into that and are not ready to comment at this time, but that issue will be part of the report. We are dividing Linton yield into three possible uses:
    • 1. Comparing similar plans
    • 2. Comparing dissimilar plans
    • 3. Comparing whole life with term and a savings fund
  • Richard MINCK, [ACLI] - Have you done any Linton yield calculations for term insurance policies?

1979- SOA - Cost Disclosure (Moss Report), Society of Actuaries - 18p

  • The NAIC committee on cost comparison considered and rejected Linton Yield-the method now proposed by the FTC-primarily because the committee believed that any system that attempted to separate the insurance and savings elements of a life insurance contract would create more misunderstanding than enlightenment for consumers.  (p50)

--  Jim Martin, chairman of the Massachusetts Mutual Life Insurance Co. My professional background is in marketing and I, too, represent the American Council of Life Insurance [ACLI] here today

1979 0710 and 1017 - GOV (Senate) - FTC Study of Life Insurance Cost Disclosure, Howard Cannon (D-NV)   ---  [BonkNote]