Illustration definition

Illustration means a presentation or depiction that includes non-guaranteed elements of a policy of life insurance over a period of years and that is one of the three (3) types defined below:
Illustration means a personalized presentation or depiction prepared for and provided to an individual consumer that includes non-guaranteed elements of an annuity contract over a period of years.
Illustration means a presentation or depiction that includes non−guaranteed elements of a policy of life insurance over a period of years and is one of the three illustrations described in pars. (b), (k), and (s).

Examples of Illustration in a sentence

  • Illustration with Index FuturesIn case the Nifty near month future contract is trading at say, Rs. 9,600, and the fund manager has a view that it will depreciate going forward; the Scheme can initiate a sale transaction of Nifty futures at Rs. 9,610 without holding a portfolio of equity stocks or any other underlying long equity position.

  • Illustration: Interest Rate Swap (IRS) Assume that a Mutual Fund has INR 10 crore, which is to be deployed in overnight products for 7 days.

  • Illustration for Interest Rate Swap:In a plain vanilla fixed-to-floating interest rate swap, party A makes periodic interest payments to party B based on a variable interest, say MIBOR plus 50 basis points.

  • Figure 1: Hydrologic Cycle and Sources of Drinking Water Illustration courtesy of USGS Types of Public Water SystemsA public water system is defined as a system for the provision to the public of water for human consumption through pipes or other constructed conveyances, if such system has at least 15 service connections or regularly serves at least 25 individuals.

  • Individual water treatment may vary according to source water quality.Figure 3: Example of Drinking Water Treatment Illustration from “Safeguarding the Quality of Your Drinking Water”, prepared by the Public Information Committee of the New Jersey Section of the American Water Works Association.


More Definitions of Illustration

Illustration means a presentation or depiction that includes nonguaranteed elements of a policy of life insurance over a period of years and that is one of the three types defined in clauses (1) to (3):
Illustration means a personalized presentation or depiction that is prepared for and provided to an individual consumer and that includes nonguaranteed elements of an annuity contract over a period of years.
Illustration means a presentation or depiction that includes non-guaranteed elements of a policy of life insurance over a period of years as defined in rule 3901-6-04 of the Administrative Code.
Illustration means a presentation or depiction that includes non-guaranteed elements of a policy of life insurance over a period of years as defined in R.I.G.L.
Illustration means a presentation or depiction that includes non-guaranteed elements of a policy of life insurance over a period of years as defined in 11 NCAC 04 .0501(b)(8).
Illustration means a presentation or depiction that includes non-guaranteed elements of a policy of life insurance over a period of years as defined in R590-177, Life Insurance Illustrations Rule.
Illustration means a personalized presentation or depiction prepared for and provided to an individual consumer that includes non-guaranteed elements of an annu- ity contract over a period of years. A sample illustration is included herein as Appendix B;