What Is a Policy or Sales Illustration?

A policy or sales illustration is a document that provides prospective customers with information about an insurance policy. It typically includes information about the policy’s benefits, premiums, and coverage. The illustration may also include information about the insurance company’s financial stability and claims-paying ability. What is an example of illustration? An insurance illustration is a … Read more

Financial Cooperative Definition.

A financial cooperative is a type of banking institution that is owned and controlled by its members. Financial cooperatives offer a wide range of banking services, including savings and loans. They are typically found in rural areas and serve a specific community or region. What are the five types of cooperation? There are five main … Read more