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Questions and Answers
What information must be included in illustrations according to the given text?
What information must be included in illustrations according to the given text?
- The insured's medical history
- The name and address of the insured
- The policy premium amount
- The age and sex of the proposed insured (correct)
Which of the following is NOT required in insurance illustrations as per the text?
Which of the following is NOT required in insurance illustrations as per the text?
- The policy coverage term (correct)
- The underwriting or rating classification
- The initial death benefit
- The name and address of the insurer
In an insurance illustration, what information is required regarding the producer or insurer's authorized representative?
In an insurance illustration, what information is required regarding the producer or insurer's authorized representative?
- Phone number and email address
- Social security number and date of birth
- Name and business address (correct)
- Educational qualifications
What element must be included in insurance illustrations if applicable, according to the given text?
What element must be included in insurance illustrations if applicable, according to the given text?
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