Unofficial Reproduction of Annual Statement | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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The Visible Policy is authorized or verified by NYL
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June 10, 1999 Policy: ## ### ### Insured: Richard W Franzen 0000255
Dear Richard W Franzen:Thank you for your recent payment of $636.00. Your payment has purchased $1,766 of paid-up additional insurance. This is in accordance with your policy's Option to Purchase Paid-Up Additional Insurance rider (OPP). As of June 10, 1999, your policy, including riders, dividends and paid-up additional insurance, less any loans and loan interest due, has a net cash value of $6,007.75 and a net death benefit of $110,309. If you need additional information, or if you have any questions about your policy, please contact your agent, or call one of our customer service representatives at 1-800-###-####.
Sincerely, |
<=-
Activity, Year 3 to Year 4
-=> | |||
9 May 2000 | Payments | Increase in Value | Total to Date |
Base Death Benefit | 1,764 7,056 | 100,000 | |
OPP Death Benefit | 636 2,544 | 1,766 | 7,320 |
Dividend Death Benefit | 329.99 | 1,029 | 2,374 |
Total Death Benefit |
2,400 $9,600 |
2,795 $9,694 | $109,694 |
Inflation-Adjusted Total Cost and Base Death Benefit |
$10,175 |
30apr00 CPI=3.0% |
$109,515 |
Guaranteed Cash Value ¹ 1600 / 100,000 = 1.6%g
| 1,600.00¹ | 2,900.00 | |
OPP Cash Value ² 76.46 / 7320 = 1.04%g
| 616.92 2,460.46 | 76.46² 162.88 | 2,623.34 |
Dividend Cash Value ³ 14.81 / 1,345 = 1.10%g
| 329.99 741.01 | 14.81³ 20.73 | 761.74 |
Total Cash Value to Date | $3,201.47 | $3,083.61 | $6,285.08 |
10may99 $3,646.90 | |||
div. return
= (329.99 - 160) / 3,646.90 |
$160 + 4.66% | ||
BBAG
= (6,285.08 - 3,646.90 - 2,400) / (3,646.90 + 2,400) IWR CV = (6,285.08 - 10,175) / 10,175 IWR DB = (109,694 - 109,515) / 109,515 |
3.9% -38.2% 0.2% |