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Which of the following is excluded from life insurance illustration rules


(a) An illustration used in the sale of a life insurance policy and subject to this ... A basic illustration shall conform with the following requirements:.

What is included in a life insurance illustration?

Items common to all life insurance policy illustrations include the benefits entitled to a policyholder, the premiums required to maintain the benefit, the expenses related to policy issue and maintenance, and the benefit and premium periods.

What is not included in life insurance?

Other Reasons Life Insurance Won't Pay Out\n\n Family health history. Medical conditions. Alcohol and drug use. Risky activities.

Which of the following is false regarding life insurance policy illustrations?

Which of the following is false regarding life insurance policy illustrations? Policy illustrations are the nonguaranteed elements of a policy and are not part of the policy summary.




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