Finance vs. Non-Financed

Page 1

Insureds Name(s): Insureds Ages: Gender / Class: Gender / Class:

VC 45 Sample 45

Insurance Carrier: Policy Name: Policy Type: Illustrated Rate:

Male, PPNT

Valued Carrier TBD IUL 6.50%

Net Death Benefit Comparison Analysis: Non - Financed Policy:

Financed Policy:

Year

Annual Outlay

Total Net Outlay

Net Death Benefit

IRR of Death Benefit

Year

Annual Net Outlay

Total Net Outlay

Net Death Benefit

IRR of Death Benefit

1

$67,514

$67,514

$10,000,000

14711.74%

1

$16,684

$16,684

$10,068,016

60245.34%

2

$67,514

$135,028

$10,000,000

1068.38%

2

$27,090

$43,774

$10,051,896

2275.40%

3

$67,514

$202,542

$10,000,000

392.03%

3

$40,635

$84,409

$10,069,116

685.60%

4

$67,514

$270,056

$10,000,000

218.33%

4

$54,180

$138,589

$10,122,361

347.03%

5

$67,514

$337,570

$10,000,000

145.17%

5

$68,370

$206,959

$10,214,534

217.48%

6

$67,514

$405,084

$10,000,000

106.38%

6

$83,850

$290,809

$10,348,770

152.81%

7

$67,514

$472,598

$10,000,000

82.72%

7

$99,330

$390,139

$10,528,458

114.99%

8

$67,514

$540,112

$10,000,000

66.96%

8

$102,039

$492,178

$10,759,791

90.68%

9

$67,514

$607,626

$10,000,000

55.75%

9

$103,845

$596,023

$11,009,760

73.86%

10

$67,514

$675,140

$10,000,000

47.46%

10

$105,350

$701,373

$11,279,864

61.73%

11

$67,514

$742,654

$10,000,000

41.09%

11

$105,350

$806,723

$11,571,727

52.63%

12

$67,514

$810,168

$10,000,000

36.05%

12

$106,855

$913,578

$11,887,101

45.62%

13

$67,514

$877,682

$10,000,000

31.97%

13

$0

$913,578

$11,736,601

39.64%

14

$67,514

$945,196

$10,000,000

28.62%

14

$0

$913,578

$11,578,576

34.86%

15

$67,514

$1,012,710

$10,000,000

25.82%

15

$0

$913,578

$11,412,650

30.97%

16

$67,514

$1,080,224

$10,000,000

23.45%

16

$0

$913,578

$11,238,427

27.76%

17

$67,514

$1,147,738

$10,000,000

21.42%

17

$0

$913,578

$11,055,493

25.06%

18

$67,514

$1,215,252

$10,000,000

19.66%

18

$0

$913,578

$10,863,413

22.78%

19

$67,514

$1,282,766

$10,000,000

18.13%

19

$0

$913,578

$10,661,729

20.82%

20

$67,514

$1,350,280

$10,000,000

16.78%

20

$0

$913,578

$10,449,960

19.13%

21

$67,514

$1,417,794

$10,000,000

15.59%

21

$0

$913,578

$10,227,603

17.64%

22

$67,514

$1,485,308

$10,000,000

14.53%

22

$0

$913,578

$9,994,128

16.33%

23

$67,514

$1,552,822

$10,000,000

13.57%

23

$0

$913,578

$9,748,979

15.16%


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