All of the following statements about life insurance policy illustrations and the senior market are correct, except:
A. Guaranteed elements must be emphasized in bold print.
B. To be understandable, policy illustrations must follow certain formats so the insured can make informed buying decisions.
C. Illustrations must note that they are only an illustration.
D. The illustration will note that both guaranteed and non-guaranteed elements will remain unchanged for the years illustrated.
Answer: D. The illustration will note that both guaranteed and non-guaranteed elements will remain unchanged for the years illustrated.
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A) journal B) ledger C) worksheet D) chart of accounts
________ tend to include people who are the most influential in their communities, have high social status, and are in favorable financial positions?
A) Innovators B) Early adopters C) Late majority D) Laggards