Variable Universal Life Insurance Spreadsheets

Presented by Brokers Alliance.
Variable Universal Life Insurance Lifetime/ Age 100 Guarantees
Some carriers offer a guaranteed underlying death benefit with a required premium payment. This does not guarantee the accumulation of cash values, only death benefit amount.

Current Variable Universal Life Insurance Illustrated Values
The current rate is the selected rate based on the proposal's illustrator. It is not guaranteed and may not reflect the true rate of the underlying separate accounts. Separate accounts selection may or may not be utilizing historical data or current account performance. Proposals should be viewed as a carrier advertisement and/ or tool to view expense loads and the net rates of return.

Current Variable Universal Life Insurance Income Illustrated Values
The current rate is the selected rate based on the proposal's illustrator. It is not guaranteed and may not reflect the true rate of the underlying separate accounts. Separate accounts selection may or may not be utilizing historical data or current account performance. Proposals should be viewed as a carrier advertisement and/ or tool to view expense loads and the net rates of return.

In addition, proposals that illustrate income distribution may be illustrating withdrawals to basis and policy loans of gain or policy loans exclusively. Policy loan costs may be illustrated as current company practice or contractual, fixed or variable loans and a variety of interest charging formats: zero net cost loans, wash loans, spread loans.

[burtonh]

Do you have a choice of what type of investment the cash value account is in? Is there a cap on the premium as you age?