Face Amount Type

Select the face amount type from the drop-down list. Some options are mutually exclusive and/or must comply with Premium and Distribution rules.

• Specify Amount – Enter the desired amount in the Face Amount field.
• Based on Minimum Premium – Based on the initial specified premium amount entered, the system will solve for the initial face amount so the minimum premium is equal to the premium amount entered.
• 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.