Premium Mode

Select the premium mode option:

• Annual – Premium payments once a year.
• Semi-Annual – Premium payments every six months.
• Quarterly – Premium payments every four months.
• Monthly (EFT) – Premium payments are billed monthly from a pre-authorized check plan.
• Monthly (Group Bill) – Premium payments are billed monthly from a single billing for two or more policies.

Note: The premium mode is important because policy values will differ depending on the mode selected. For example, premiums paid Annually will illustrate higher cash values than Semi-Annual, Quarterly or Monthly (EFT). So please run illustrations according to your clients desire.