The program has an automatic calculation built in to increase the policies cash value to meet the face amount by the clients age 100.
Most projections are not carried out until the clients age 100, making the built in logic hard to distinguish.
The report snapshot to the left shows an example of an insurance policy entered for the client who is currently retired. The face amount is set as $1,000,000 and no cash value was entered on the policy. Using a life expectancy of age 100, you can clearly see the cash value is evenly stepped up each year to reach the face amount at age 100.
If you want to prevent the program from automatically increasing the cash value, or keep the cash value at zero throughout the projection, you can using the worksheet tab on the insurance data entry. To control the cash value, use the worksheet tab and enter a few midpoint ages between retirement and life expectancy, setting the CV each time to the desired cash value.
For example, if you wanted to keep the cash value as zero throughout retirement, here is what you would enter on the worksheet tab (left), and the resulting report (right):
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