Illustration-Generation
Scenario Results for IUL
objectOutputs for Indexed Universal Life product across all scenarios. This object represents a single scenario (e.g. Assumed, Guaranteed, etc)
annualTimeSeriesDataarray[object]
A single-year slice of data that varies annually - these values are specific to IUL products
Show Child Parameters
annualPolicyManagementFeenumber(double)
Annual policy management fee
Example:60
annualPremiumAmountnumber(double)
Annual premium amount
Example:397.2
baseCoverageEndYearnumber(integer)
Base coverage end year
Example:21
costIndexobject
Show Child Parameters
coveragesobject
These values represent the initial or constant state of coverages
Show Child Parameters
initialobject
Show Child Parameters
interestRatenumber(double)
Interest rate
Example:5.1
issueAgenumber(integer)
Issue age
Example:35
lapseobject
Show Child Parameters
loanobject
Show Child Parameters
maturityYearnumber(integer)
Maturity year
Example:86
payToAgenumber(integer)
Pay to age
Example:121
paymentobject
Show Child Parameters
policyStartYearnumber(integer)
Policy start year
Example:1
premiumobject
Show Child Parameters
scenarioEndAgenumber(integer)
Scenario end age
Example:122
totalFirstPaymentAmountnumber(double)
Total first payment amount
Example:33.1
netSurrenderValueobject
Show Child Parameters
premiumFinalAgenumber(double)
Example:110.04
acceleratedBenefitRiderobject
Show Child Parameters
annualCumulativeGuidelineLevelPremiumnumber(double)
Annual cumulative guideline level premium
annualDistributionAmountnumber(integer)
Annual distribution amount
bonusobject
Show Child Parameters
capAccountParametersobject
Show Child Parameters
currentobject
Show Child Parameters
currentInterestRatenumber(double)
Example:3
deathBenefitobject
Show Child Parameters
distributionobject
Show Child Parameters
fixedobject
Show Child Parameters
fixedAccountRatenumber(double)
Example:1
insuranceAgeobject
Show Child Parameters
lapseAgenumber(integer)
Example:56
lapseYearnumber(integer)
Example:21
matchobject
Show Child Parameters
minimumNoLapseGuaranteeTestYearsnumber(integer)
Minimum no lapse guarantee test years
modifiedEndowmentContractobject
Show Child Parameters
overloanobject
Show Child Parameters
participantAccountParametersobject
Show Child Parameters
parRatenumber(double)
Example:5
policyYearOfLastDeathBenefitOptionChangenumber(integer)
Policy year of last death benefit option change
Example:21
policyYearOfLastFaceChangenumber(integer)
Policy year of last face change
premiumAge65number(double)
Example:1522.2
savingsobject
Show Child Parameters
secondLoanobject
Show Child Parameters
terminalobject
Show Child Parameters
thirdLoanobject
Show Child Parameters
totalPremiumDueToFaceAmountnumber(double)
Example:33.1
withdrawalTakenIndicatornumber(integer)
yearAge65number(integer)
Example:31
zeroPremiumIndicatornumber(integer)
projectedobject
Projected values generated during anniversary statement processing. These values represent the expected state of certain key values in a policy under specific assumptions. Those assumptions are governed by the scenario that contains these results.
Show Child Parameters
Example
Scenario Results for Whole Life
objectOutputs for Whole Life product across all scenarios. This object represents a single scenario (e.g. Assumed, Guaranteed, etc)
annualTimeSeriesDataarray[object]
A single-year slice of data that varies annually - these values are specific to Whole Life products
Show Child Parameters
annualPolicyManagementFeenumber(double)
Annual policy management fee
Example:60
annualPremiumAmountnumber(double)
Annual premium amount
Example:397.2
baseCoverageEndYearnumber(integer)
Base coverage end year
Example:86
costIndexobject
Show Child Parameters
coveragesobject
These values represent the initial or constant state of coverages
Show Child Parameters
initialobject
Show Child Parameters
interestRatenumber(double)
Interest rate
Example:5.1
issueAgenumber(integer)
Issue age
Example:35
lapseobject
Show Child Parameters
loanobject
Show Child Parameters
maturityYearnumber(integer)
Maturity year
Example:86
payToAgenumber(integer)
Pay to age
Example:121
paymentobject
Show Child Parameters
policyStartYearnumber(integer)
Policy start year
Example:1
premiumobject
Show Child Parameters
scenarioEndAgenumber(integer)
Scenario end age
Example:122
totalFirstPaymentAmountnumber(double)
Total first payment amount
Example:33.1
netSurrenderValueobject
Show Child Parameters
premiumFinalAgenumber(double)
Example:110.04
modifiedEndowmentContractobject
Show Child Parameters
Example
Scenario Results for Hybrid-IUL/Term
objectOutputs for Hybrid-IUL/Term product across all scenarios. This object represents a single scenario (e.g. Assumed, Guaranteed, etc)
annualTimeSeriesDataarray[object]
A single-year slice of data that varies annually - these values are specific to IUL products
Show Child Parameters
annualPolicyManagementFeenumber(double)
Annual policy management fee
Example:60
annualPremiumAmountnumber(double)
Annual premium amount
Example:397.2
baseCoverageEndYearnumber(integer)
Base coverage end year
Example:21
costIndexobject
Show Child Parameters
coveragesobject
These values represent the initial or constant state of coverages
Show Child Parameters
initialobject
Show Child Parameters
interestRatenumber(double)
Interest rate
Example:5.1
issueAgenumber(integer)
Issue age
Example:35
lapseobject
Show Child Parameters
loanobject
Show Child Parameters
maturityYearnumber(integer)
Maturity year
Example:86
payToAgenumber(integer)
Pay to age
Example:121
paymentobject
Show Child Parameters
policyStartYearnumber(integer)
Policy start year
Example:1
premiumobject
Show Child Parameters
scenarioEndAgenumber(integer)
Scenario end age
Example:122
totalFirstPaymentAmountnumber(double)
Total first payment amount
Example:33.1
netSurrenderValueobject
Show Child Parameters
premiumFinalAgenumber(double)
Example:110.04
acceleratedBenefitRiderobject
Show Child Parameters
annualCumulativeGuidelineLevelPremiumnumber(double)
Annual cumulative guideline level premium
annualDistributionAmountnumber(integer)
Annual distribution amount
bonusobject
Show Child Parameters
capAccountParametersobject
Show Child Parameters
currentobject
Show Child Parameters
currentInterestRatenumber(double)
Example:3
deathBenefitobject
Show Child Parameters
distributionobject
Show Child Parameters
fixedobject
Show Child Parameters
fixedAccountRatenumber(double)
Example:1
insuranceAgeobject
Show Child Parameters
lapseAgenumber(integer)
Example:56
lapseYearnumber(integer)
Example:21
matchobject
Show Child Parameters
minimumNoLapseGuaranteeTestYearsnumber(integer)
Minimum no lapse guarantee test years
modifiedEndowmentContractobject
Show Child Parameters
overloanobject
Show Child Parameters
participantAccountParametersobject
Show Child Parameters
parRatenumber(double)
Example:5
policyYearOfLastDeathBenefitOptionChangenumber(integer)
Policy year of last death benefit option change
Example:21
policyYearOfLastFaceChangenumber(integer)
Policy year of last face change
premiumAge65number(double)
Example:1522.2
savingsobject
Show Child Parameters
secondLoanobject
Show Child Parameters
terminalobject
Show Child Parameters
thirdLoanobject
Show Child Parameters
totalPremiumDueToFaceAmountnumber(double)
Example:33.1
withdrawalTakenIndicatornumber(integer)
yearAge65number(integer)
Example:31
zeroPremiumIndicatornumber(integer)
fixedCostPeriodnumber(integer)
Example:65
fixedCostPeriodSavingsPremiumnumber(double)
Fixed cost period savings premium
Example:250
fixedCostPeriodSavingsModalPremiumnumber(double)
Fixed cost period savings modal premium
Example:20.83
fixedCostPeriodChildRiderPremiumnumber(double)
Fixed cost period child rider premium
Example:50
fixedCostPeriodChildRiderModalPremiumnumber(double)
Fixed cost period child rider modal premium
Example:4.17
Example
Single-Year Values
objectA single-year slice of data that varies annually - these values apply to any scenario and any product
loanobject
Show Child Parameters
netAccountValuenumber(double)
Example:0.104742
netDeathBenefitAmountnumber(double)
Example:250000.104742
netSurrenderValuenumber(double)
Example:0.104742
policyNetOutlayAmountnumber(double)
Example:397.2
premiumOutlayAmountnumber(double)
Example:397.2
yearnumber(integer)
accountValuenumber(double)
Example:0.104742
coveragesobject
Coverage-specific values which are annually variable. See under “initial” for values that are constant year-to-year
Show Child Parameters
cumulativePremiumAmountnumber(double)
Example:397.2
deathBenefitAmountnumber(double)
Example:250000.104742
faceAmountnumber(double)
Example:250000
insuranceAgeAtBeginningOfYearnumber(integer)
Example:35
insuranceAgeAtEndOfYearnumber(integer)
Example:36
perUnitChargenumber(double)
Example:201.21
policyValuenumber(double)
Example:0.104742
premiumAmountnumber(double)
Example:397.2
policyBasisnumber(double)
Example:110.04
policyGainnumber(double)
surrenderValuenumber(double)
Example:0.102552
Example
Single-Year Values for Term Life
A single-year slice of data that varies annually - these values are specific to IUL products
loanobject
Show Child Parameters
netAccountValuenumber(double)
Example:0.104742
netDeathBenefitAmountnumber(double)
Example:250000.104742
netSurrenderValuenumber(double)
Example:0.104742
policyNetOutlayAmountnumber(double)
Example:397.2
premiumOutlayAmountnumber(double)
Example:397.2
yearnumber(integer)
accountValuenumber(double)
Example:0.104742
coveragesobject
Coverage-specific values which are annually variable. See under “initial” for values that are constant year-to-year
Show Child Parameters
cumulativePremiumAmountnumber(double)
Example:397.2
deathBenefitAmountnumber(double)
Example:250000.104742
faceAmountnumber(double)
Example:250000
insuranceAgeAtBeginningOfYearnumber(integer)
Example:35
insuranceAgeAtEndOfYearnumber(integer)
Example:36
perUnitChargenumber(double)
Example:201.21
policyValuenumber(double)
Example:0.104742
premiumAmountnumber(double)
Example:397.2
policyBasisnumber(double)
Example:110.04
policyGainnumber(double)
surrenderValuenumber(double)
Example:0.102552
totalSurplusDistributionsnumber(double)
Example:1.23
paidUpAdditionDeathBenefitnumber(double)
Example:1.23
paidUpAdditionCashValuenumber(double)
Example:1.23
reducedPaidUpnumber(double)
Example:1.23
modifiedEndowmentContractIndicatornumber(double)
sevenPayPremiumAmountnumber(double)
Example:4274.62
Example