Have you ever struggled to answer the question “the term illustration in a life insurance policy refers to” in relation to the concept of Insurance? There’s no need to worry about it anymore. This post contains the correct answer to your question.
The term illustration in a life insurance policy refers to
Options:
- A. A presentation of non guaranteed elements of a policy
- B. Depiction of policy benefits and guarantees
- C. Pictures accompanying a policy
- D. Charts and graphs
The Correct Answer Is:
- A. A presentation of non guaranteed elements of a policy
Conclusion
The answer to your question “the term illustration in a life insurance policy refers to” should now be clear for you. I appreciate you coming here to find the answer to your question and best wishes for your preparation related to various Insurance topics.