FAQ 896: Insured (w/ New Issues) Death Benefit under PPA

Problem:

The PPA FT and NC of the Insured Death Benefit do not seem to include the new issues.


Solution:

If you always check the "Calculated Effective Interest Rate (EIR)" box on the Calculations setup menu, the death benefit based on face amounts, including increased face amounts, will be valued correctly when you run complete calculations or partial calculations from before Calculate ILP costs.