Life insurance illustrations used in the 1980's were based on the high interest rates at that...
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Life insurance illustrations used in the 1980's were based on the high interest rates at that time. As interest rates dropped in the 1990's, what were the consequences of those illustration-based sales presentations? A) Policyowners had higher cash values than initially projected B) Elimination of the policy summary O C) Producer and prospect confusion regarding policy illustrations and client complaints of misuse of them D) Premium payment periods were shortened Life insurance illustrations used in the 1980's were based on the high interest rates at that time. As interest rates dropped in the 1990's, what were the consequences of those illustration-based sales presentations? A) Policyowners had higher cash values than initially projected B) Elimination of the policy summary O C) Producer and prospect confusion regarding policy illustrations and client complaints of misuse of them D) Premium payment periods were shortened
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Related Book For
Advanced Accounting
ISBN: 978-0538480284
11th edition
Authors: Paul M. Fischer, William J. Tayler, Rita H. Cheng
Posted Date:
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