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| Term | Definition |
|---|---|
| Acquisition Costs | Costs incurred by an insurer or their agent in attracting customers. These costs typically include: sales force salaries and overhead, marketing and advertising costs and other costs incurred prior to when a prospect agrees to purchase a policy. |
http://www.insure.com/articles/interactivetools/glossary/glossary.jsp - American Council of Life Insurance, Health Insurance Association of America, and Standard & Poor's