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 Target Premium – Based on the initial specified premium amount entered, the system will solve for a face amount so the target premium is equal to the specified premium amount entered.