Which of the following is required in a policy illustration showing non-guaranteed values?

In a policy illustration showing non-guaranteed values, it is essential that the illustration clearly outline the need for the possibility of resuming premiums. This aspect is particularly important because non-guaranteed values can fluctuate, and policyholders need to be made aware that if the performance of the policy is not as projected, they might need to resume premium payments to maintain the policy’s benefits and avoid lapsing. The inclusion of this information ensures transparency and helps potential policyholders understand their obligations, as well as the potential risks of relying on non-guaranteed values.

This approach aligns with the emphasis on consumer protection regulations, which require insurers to provide clear and comprehensive information about their products. By ensuring that policyholders understand the need for potential premium resumption, insurers foster informed decision-making and help clients prepare for the financial responsibilities associated with their policies.