Unlocking Potential: Enhanced Illustration Income Payout for Par Whole Life Product
We are pleased to announce an enhancement to our Participating Whole Life products available on the ProCloud illustration system.
Income Payout Illustrations are designed to empower policyholders with a clear view of the potential income they can derive from their policies in the form of either a withdrawal of Paid-Up Additions (PUA) or policy loans, based on the policy's Total Cash Surrender Value (CSV).
This unlocks exciting possibilities for policyholders by offering a unique "Buy Paid-Up Additions" dividend option. With this insight, policyholders gain valuable understanding into how their policies can work for them and provide a potential source of income. The Income Payout Illustration is a great opportunity for advisors to show the benefits of a clients investment into Participating Whole Life products.
Click on the link below to review our User Guide.
