Universal Life Illustration Calculator
Compare projected cash values under guaranteed and current interest rate scenarios for universal life insurance.
Financial Disclaimer
This calculator is for educational purposes only and does not constitute financial advice. Results are estimates based on the inputs provided. Consult a qualified financial advisor before making investment or financial planning decisions.
Current Rate Cash Value
$167,352.04
Guaranteed Rate Cash Value
$117,398.43
Inputs
Comparison
Difference Between Scenarios
$49,953.62
Total Premiums Paid
$90,000.00
Monthly Premium
$300.00
Death Benefit
$500,000.00
Guaranteed vs Current Rate Projection
How to Use This Calculator
- Enter the annual premium you plan to pay.
- Set the policy face value (death benefit).
- Enter your current age and the assumed credited interest rate.
- Set a projection period in years.
- Review the illustrated cash value accumulation and death benefit over time — actual results will vary.
How the result changes with Projection Period
| Projection Period | Current Rate Cash Value | Guaranteed Rate Cash Value |
|---|---|---|
| 8.5 | $35,231.62 | $31,466.52 |
| 17 | $92,919.18 | $73,357.30 |
| 28 | $202,750.31 | $135,795.60 |
| 37 | $341,840.81 | $198,016.32 |
What each input means
- Annual Premium
- Your flexible annual premium. UL policies allow premium adjustments.
- Face Value
- The death benefit amount of your universal life policy.
- Current Age
- Your current age.
- Projection Period
- Number of years to project forward.
- Guaranteed Interest Rate
- The minimum guaranteed crediting rate in the policy contract.
- Current Crediting Rate
- The current (non-guaranteed) crediting rate offered by the insurer.
- Cost of Insurance Rate
- Annual cost of insurance per $1,000 of coverage. Increases with age.
How this is calculated
Worked example, using the default values
- Identify Input Parameters4 parametersAnnual Premium = 3600, Face Value = 500000, Current Age = 40, Projection Period = 25 = 7 input(s) provided
- Calculate Current Rate Cash Value167352.04 = $167,352.04
- Calculate Guaranteed Rate Cash Value117398.43 = $117,398.43
- Calculate Difference Between ScenariosDifference Between Scenarios = round((currentCV - guaranteedCV) * 100) / 10049953.62 = $49,953.62
- Calculate Total Premiums PaidTotal Premiums Paid90000 = $90,000
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