Insured: Female, Age 70
Underwriting Factors: Diabetes, Cancer, Epilepsy, and Build New Carrier Rate Class Standard Non-Smoker
In-force Policy Analysis: Modal premium whole life product with current premium of $89,350 scheduled to increase to $116,100 in 8 years. Modal premium whole life product fully guaranteed, however, maturity at age 100. Current cash surrender value equal to $250,000
Solution and Result: Reduce premiums to $55,000 and guarantee $2,500,000 for life.