How does BasicSecure fit into our permanent product portfolio? Let’s take a look at the numbers. Use our Sneak Peek Tool to select an issue age and rate class and see what the Minimum Monthly Premiums might look like for your clients.
The Minimum Monthly Premiums (MMPs) will keep the policy in force for ten years as long as the sum of premiums paid is greater than the sum of the MMPs due.
While not guaranteed, under current assumptions, the MMPs often project the coverage lasting for even longer than the ten year Policy Protection Period. This is also included in the preview information. |