Is the cash value premium constant?
If all premiums for the plan are constant, enter “Yes”, then please tab over to enter an Annual cash value premium, followed by Number of annual premiums paid. If future premiums vary (e.g. variable deposits to a universal life type of policy, benefits expiring), then enter “No”. A separate input screen will be provided to input the varying cash value insurance premiums. Annual cash value premium If the cash value (whole life or universal life) life insurance premiums are constant, enter the level annual amount. Number of annual premiums paid If using a cash value life insurance plan (whole life or universal life) that becomes paid-up or with a vanishing premium option, or a universal life policy with a quick pay premium scenario, enter the number of years paid. If level premiums are paid throughout, leave this field blank. Expected gross cash value at the age when funds are needed If the plan you are using has a cash surrender value (C.S.V.) at the illustration cut-off date input the
