Life insurance illustrations must include all of the following except?

Life insurance illustrations are essential tools used to provide potential policyholders with a visual representation of how a life insurance policy may perform over time. These illustrations help clarify the features of the policy, including premiums, benefits, and other key elements.

The inclusion of the name of the applicant, the insurer's logo, and the policy's premium schedule in the illustration serves specific purposes. The applicant's name personalizes the illustration and indicates to whom the policy pertains, while the insurer's logo reinforces the identity of the company offering the insurance. The premium schedule is crucial as it outlines the payment structure for the policy, helping the applicant understand their financial obligations.

The beneficiary's name, however, is not required to be included in the illustration. While it is certainly important information for the policyholder to know, the primary function of an illustration focuses on the features and projections of the life insurance policy itself rather than the designation of the beneficiary. Since the beneficiary can change over the life of the policy and is not a fixed part of the policy's core features, it is not a necessary component of the illustration. Thus, the correct response indicates that the beneficiary’s name is not a requisite element of life insurance illustrations.