Question

During a sales presentation for a participating life insurance policy, an agent MUST?

a) Make guarantees about the policy's future performance.
b) Provide detailed information about competing policies.
c) Explain the potential risks and benefits of the policy.
d) Avoid discussing the cash value of the policy.

Answer 1

During a sales presentation for a participating life insurance policy, an agent must explain the potential risks and benefits of the policy.

Step-by-step explanation:

During a sales presentation for a participating life insurance policy, an agent must explain the potential risks and benefits of the policy. It is important for the agent to provide information about the coverage, premiums, exclusions, and any other relevant details to help the customer make an informed decision. The agent should not make guarantees about the policy's future performance, provide detailed information about competing policies, or avoid discussing the cash value of the policy.