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11 May, 00:59

The term illustration in a life insurance policy refers to

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  1. 11 May, 01:28
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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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