(Insurance: Sales and distribution) Acquisition costs are the total costs of writing or issuing an insurance policy.
⇒ Surrender values vary greatly, and may be poor in the first years before the insurance
company has recouped its acquisition costs from the policy. ⇒ Acquisition costs include selling expenses, such as advertising, risk classification, commissions,
preparing of policies, and recording data. ⇒ Acquisition costs are the total costs of writing or issuing an insurance policy.
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