I purchased a life insurance policy several years ago and received a sales illustration showing projected dividends. Would these be the dividends that I actually receive?
A. It is highly unlikely that the dividends received are equal to those shown in the sales illustration. Remember, an illustration is a projection at a given point in time of what may happen in the future. Since an illustration is a form of prediction, actual results will vary from those illustrated.
Related Questions
- What is EPA policy regarding whether an organization that previously received funding for a particular project is eligible to apply for funding under this RFP for the same project?
- Is a life insurance sales illustration a legal document, like a contract?
- Are life insurance policy dividends taxable as income?
