No cost, no obligation, and no pressure. If the honest answer turns out to be "this is not for you", that is what you will hear.
Age drives everything: the cost of insurance, the tax limits, and how many years the money has to compound.
This single choice changes the entire structure. Do not skip it.
Used to size the death benefit when the objective is protection, and to sanity-check it when the objective is cash value.
Enter each child's age today. College is assumed to start at 18; you can change the wedding age or switch either goal off.
Home renovation, a wedding, a car, a business buy-in, a retirement home, a sabbatical, care for a parent. Anything with a date and a number.
Money the client wants to move into the policy after the regular premium period — a bonus, a property sale, a severance, or systematic funding from a retirement account. It grows tax-deferred inside the contract and comes back out as loans.
Most indexed universal life products include riders that let the client draw on part of the death benefit early — for terminal illness, and often for chronic or critical illness too. The costs below default to zero because many carriers charge nothing up front and instead discount the benefit at claim — put the carrier's actual charges in, or the projection will flatter the policy.
Set these from the carrier's current rate sheet. Participation rate, cap and spread are the three levers that decide what the client actually gets.
Every one of these comes off the account value before a single dollar is credited. Pull them from the illustration's expense pages, not from memory.
Used for the guaranteed column — the one that actually tells you whether the design is fragile.
These are the checks a policy owner wishes someone had run before they signed.
Highlighted rows are years with a distribution. Red rows are after lapse.
Mortality is modeled on a 2017 CSO-shaped table and is an approximation; carrier cost-of-insurance rates differ and the multiplier on the assumptions tab exists so you can calibrate to a real illustration. §7702 and §7702A limits are computed from that table with the interest rates on the assumptions tab and reflect expense charges when enabled; they are estimates, not the carrier's certified limits. The AG 49-B ceiling is derived from approximate S&P 500 calendar-year price returns and should be replaced with the carrier's filed maximum illustrated rate when you have it. Nothing here is tax or legal advice. Terms of Use.