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18 October, 05:30

The term illustration in a life insurance policy refers to

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  1. 18 October, 07:49
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    The term illustration in a life insurance policy refers to a presentation of nonguaranteed elements of a policy.

    Any element within a policy, other than policy dividends, which affects policyholder costs or value, and which may be changed at the discretion of the insurer after issue
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