Cost of insurance
This is the actual cost of having insurance protection. It’s based on your age, gender, health and death benefit amount. This fee is usually charged once a month.
Premium loads/sales charges
These charges compensate us for sales expenses and state and local taxes. Charges are deducted from your premium payment before it is applied to the policy.
These fees are used to pay the costs of maintaining the policy, including accounting and recordkeeping. Administration fees usually are deducted from your policy value once a month.
Monthly per thousand charge
This charge is based on your age, gender and underwriting classification. This charge is assessed monthly.