|
$500,000 |
INSURANCE COMPARISON FOR AGE 53 |
AGE |
TEN YEAR TERM |
UNIVERSAL LIFE |
TERM TO AGE 100 |
|
premium |
@ 6% |
cash value |
premium |
|
(A) |
(B) |
(C) |
(D) |
|
54 | 1,440 | 6,654 | 5,139 | 6,187 |
55 | 1,440 | 6,654 | 10,480 | 6,184 |
56 | 1,440 | 6,654 | 16,028 | 6,969 |
57 | 1,440 | 6,654 | 21,764 | 6,184 |
58 | 1,440 | 6,654 | 27,675 | 6,184 |
59 | 1,440 | 6,654 | 33,750 | 6,184 |
60 | 1,440 | 6,654 | 40,037 | 6,184 |
61 | 1,440 | 6,654 | 46,411 | 6,184 |
62 | 1,440 | 6,654 | 52,844 | 6,184 |
63 | 1,440 | 6,654 | 59,301 | 6,184 |
64 | 8,820 | 6,654 | 59,301 | 6,184 |
68 | 8,820 | 6,654 | 94,490 | 6,184 |
70 | 8,820 | 6,654 | 94,490 | 6,184 |
73 | 8,820 | 6,654 | 131,922 | 6,184 |
74 | 27,720 | 6,654 | 131,922 | 6,184 |
78 | 27,720 | 6,654 | 152,887 | 6,184 |
80 | Policy cancels | 6,654 | 152,887 | 6,184 |
88 | Age 80 | 0 | 41,796 | 6,184 |
93 | | 0 | 61,558 | 6,184 |
98 | | 0 | 90,663 | 6,184 |
100 | | 0 | 105,449 | 6,184 |
| | Maximum tax sheltering to $35,100 | Policy cancels Age 100 |
|
|