Ratio = | PV(Guaranteed income received at age 105) | , using risk free rate as discount factor |
PV(Premium paid) |
Ratio = | PV(Projected income received at age 105) | , using market rate as discount factor |
PV(Premium paid) |
Coverage until |
10Life Score |
Lifetime | 10 |
Age 100 | 9
|
Age 85 | 6
|
Below age 85 | 0
|
Guaranteed benefit per premium paid = |
Guaranteed income received (if any) + Guaranteed cash value | |
Total premium paid |
Guaranteed benefit per premium paid = |
Guaranteed income received (if any) + Guaranteed death benefit | |
Total premium paid |
Overall Score
| 100%
|
Guaranteed Return Score
| 60%
|
Projected Return Score
| 10%
|
Longevity Coverage Score
| 15%
|
Early Surrender Coverage Score
| 10%
|
Early Death Coverage Score
| 5%
|