On the View/Edit Death Benefit page there are unique ways that you can enter in the life insurance policies. Below is the step-by-step guideline for showing the cash value life policy based on company illustrations option.
Step 1: Edit: Click on the green edit button underneath the structured income planning subheading title.
Step 2: Add Account: Click on the green add account button underneath the structured income planning subheading.
Step 3: View/Edit Death Benefit: Click on the green View/Edit Death Benefit button underneath the Manage Account subheading.
Step 4: Account Name: Type in the account name.
Step 5: Hypothetical Return: Type in the monetary number for the hypothetical return.
Step 6: Bonus: Type in the monetary number for the bonus.
Step 7: Tax Calculation Option: Click on the drop-down carrot arrow in the text box and select the tax calculation option.
Step 8: Sel: Click on the green Sel button next to the text box for the asset plan allocation and select the asset plan allocation.
Step 9: Account Owner: Click on the drop-down carrot arrow and select the account owner.
Step 10: Account Type: Click on the drop-down carrot arrow and select account type.
Step 11: Show a Cash Value Life Policy based on company illustrations: Click on the radio button for the Show a Cash Value Life Policy based on company illustrations.
Step 12: Death Benefit Data: Enter the monetary amounts for the cash surrender value, income and benefit into the death benefit data table.
Step 13: Save: Click on the green save button underneath the manage account subheading.
Step 14: Structured Income Plan: A new column should appear in the structured income plan.
Step 15: Display Options: Click on the green display options subheading underneath the Structured Income Planning heading.
Step 16: Column Display Options: Click on the green View Death Benefit Button in the Column Display Options table.
Step 17: Structured Income Plan: A new column should appear under the Life Insurance column displaying the premium.
Step 18: Saving the Structured Income Planning Scenario: Click the green Save button underneath the Structured Income Planning subheading.
Step 19: Edit: If you need to make an edit to the structured income plan click on the green edit button underneath the Structured Income Planning subheading.
Step 20: Cancel: If you need to go back to the previous page, click on the green Cancel button underneath the Structured Income Planning subheading.
Step 21: Logout: To sign out of SIPS, click on the Sign Out heading that is located in the upper right-hand side of the screen.
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