Reading Your Policy Projection
How to Read Your Policy Projection
Understand your premiums, benefits and projected values with confidence.
6 min read
Start with a question
When you see a chart of your future policy values, how do you read it?
In plain language
Before you buy, the insurer prepares a policy projection (often called an illustration). It shows your premiums, your death benefit and how your cash value grows over the years, with separate columns for the contract’s guaranteed values and the projected values.
Use it to compare premium amounts and growth scenarios. Your licensed professional explains each column and helps you choose the funding plan that best fits your goals.
Guaranteed columns
- Minimum values set by the contract
- Your death benefit
- Your premium schedule
Projected columns
- Cash value growth over time
- Different interest scenarios
- How funding choices change results
A practical example
Example
Priya asks to see her projection at two different premium amounts. Comparing them side by side helps her choose the plan that grows her cash value the most within her budget.
Keys to get the most from it
- Look at the guaranteed and projected columns side by side.
- Choose a premium schedule you can keep.
- Compare several scenarios with your licensed professional.
Common questions
Request Free IUL Information
Request Free IUL InformationReady to put what you learned into action?