Calculating the ‘Rate of Return’
The contractual return is calculated based on the life expectancy of the insured- the longer the life expectancy, the higher the contractual return.
FOR INSTANCE:
36 Month Life Expectancy = 36%
Return 60 Month Life Expectancy = 60% Return
How ‘Life Expectancy’ is determined*
Before EquiVita purchases a policy, we hire a life expectancy company to determine how long the insured is expected to live.
Life expectancy companies are comprised of doctors and experts who review several documents to determine the insured’s anticipated life expectancy.
- Medical Records
- Family History
- Prior Insurance Applications
- Actuarial Tables