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Other Fields Homework Help Insurance Topic started by: JamesLu on Jul 5, 2017



Title: The National Association of Insurance Commissioners (NAIC) has drafted a "Life Insurance ...
Post by: JamesLu on Jul 5, 2017
The National Association of Insurance Commissioners (NAIC) has drafted a "Life Insurance Policy Illustration" model law that most states have adopted. Which of the following statements concerning this model law is (are) true?
I.   The policy illustration must include a narrative summary describing the basic characteristics of the policy.
II.   The policy illustration must include a numeric summary showing the premium outlay, the value of the accumulation account, the cash surrender value, and the death benefit.
A) I only
B) II only
C) both I and II
D) neither I nor II


Title: Re: The National Association of Insurance Commissioners (NAIC) has drafted a "Life Insurance ...
Post by: Toni_Annette on Jul 5, 2017
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Title: Re: The National Association of Insurance Commissioners (NAIC) has drafted a "Life Insurance ...
Post by: JamesLu on Sep 12, 2017
Thank you