WebWithin 3 to 5 business days after receipt in our office. Telephone. Call 877-305-8315, available 24 hours, 7 days a week, 365 days a year. Payment made by credit card. … WebDeath Benefit Qualification Test in Effect: [Cash Value Accumulation Test] [Guideline Premium Test] Death Benefit Elements . Net Amount At Risk Factor: [1.0008295] Death Benefit Option In Effect: [A] [Option C Death Benefit Limit: $[XX,XXX,XXX*]

Guideline Premium Test and Cash Value Accumulation Test

WebOption A Death Benefit . Planned Annual Premium for Policy Years 1-7: $35,050 . Using Current Charges, 6% Gross Interest Rate . Using the Cash Value Accumulation Test . … WebDeath Benefit Options For UL: (check one): Level Increasing Return of Premium Death Benefit Qualification Test, if applicable. Defaults to GPT, if none selected: ... Cash Value Accumulation Test (CVAT) Minimum Premium Target Premium Rebalance - VUL Only Type of Underwriting: Traditional X-Press 7a. Term and Whole Life Riders 7b. UL, IUL … subway townsville contact

Sample Calculations for Illustrations - SEC.gov

Web– Cash Value Accumulation Test (CVAT) limits cash value relative to the death benefit. – Guaranteed Premium Test (GPT) limits premiums paid relative to the death benefit. – The prospective Owner chooses between the two tests at the time of application. It cannot be changed after issue. – Each test defines the relationship between cash ... WebThe Guideline Premium Test (GPT) limits the premiums paid relative to the death benefit; Generally, the GPT offers lower cost of insurance charges over a long period of time. CVAT offers more premium and death benefit flexibility and provides a higher death benefit at life expectancy, although GPT offers higher death benefits at other ages. painting computer background