Side by side
Same client, same premiums, same point in time.
VUL illustration
Upload the illustration PDF, paste ledger rows, or type values by hand. The file is read inside this browser window. Nothing is uploaded to a server or saved.
Other carriers: paste ledger rows instead
1 · Paste ledger rows
2 · Match the columns
Tell the tool which pasted column holds each value.
Review or type the ledger by hand
Only have the summary page? Enter values at a few ages (for example 55, 65, 75, 85, 95) and the tool fills the years in between with straight-line estimates, shown in grey italics.
| Year | Age | Premium | Net cash surrender value | Death benefit |
|---|
Growth over time
Hover the chart to see values by age.
Where the managed account's growth goes
Milestones
Values at selected ages.
How it works
Managed account. Each year the portfolio grows at the assumed rate. Part of the growth is qualified dividends and the rest is capital gain. Turnover sells a share of the portfolio every year, realizing that share of all accumulated gains. Dividends and realized gains are taxed annually and the advisory fee is charged on the average balance, both paid from the account.
VUL. Values come straight from the carrier illustration you enter, so cost of insurance, policy charges, fund expenses and surrender charges for this specific insured are already reflected. Run the illustration at the same gross rate as the portfolio growth rate for a like-for-like comparison.
Living vs. legacy. Living value compares what the client could reach while alive. Legacy value compares what heirs receive: the managed account with a step-up in basis at death, against the income-tax-free death benefit. Estate taxes are not reflected on either side.