Final answer:
The required elements for life insurance illustrations include the insured's name, page numbers, and a statement about benefits. The only element that is not required is a statement that the benefits in the illustration are guaranteed.
Step-by-step explanation:
All of the other options are required to be included in life insurance illustrations. For example, the name of the insured is necessary to identify who the insurance applies to. The page number showing its relationship to the total number of pages helps organize the illustration. And including the page number itself is necessary for the overall structure of the illustration. However, a statement that the benefits in the illustration are guaranteed is not a requirement.