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Our Glossary of life insurance terms
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Misc
Illustration
A document used to show a life insurance policy's guaranteed and
(non-guaranteed) future values, including cash values and death
benefits, based on certain assumptions.
An illustration is an example of how the policy could perform in a given
set of circumstances. It can provide you with valuable information about
a policy's potential.
However, it is neither an estimate or guarantee of future results and
should not be construed as a prediction of policy performance.
Certain assumptions are made when producing an illustration for life
pension or investment products these assumptions are currently
controlled by the Financial Services Authority that governs the
financial services industry.
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Life-Ins.co.uk
45 Market Street
Wirral
Cheshire
CH47 2BQ
Tel 0800 083 60 50
Fax 0151 632 2117
email:
info@life-ins.co.uk
Office Hours
9am - 5pm
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