Face Solve Type

Select a radio button option to determine the initial face amount of the policy. Some options are mutually exclusive and/or must comply with premium and distribution rules.

• None – Initial face amount of the policy will be determined by using the Face Amount Type field.
• Minimum DB/ Max Cash Value – Based on the initial specified premium amount entered, the system will solve for the lowest possible initial face amount which does not violate Modified Endowment Contract (MEC) regulations. Select immediately after using this solve and the system will default the Minimum DB amount as the specified Face Amount.
• Based on Cash Value – Based on the initial specified premium amount entered, the system will solve for the initial face amount needed to achieve the Target, Target Amount and Target Year specified in the Solve section.