Policy Cost Analysis Guide
This analytical tool provides you with the ability to analyze the costs of
variable annuity policies. Rank in ascending order the Total Net Asset
Charges, Mortality Expense, and Administrative Fess of variable annuity
Trying to find the policy that offers a index sub-account with the lowest
policy cost? The Policy Cost Analysis section the will do that for you!
Create an Analysis
Company, Product, Investment Objective
First select the Page in this section to begin analyzing policy cost
data. You may analyze cost by "Company" or Product" or "Investment
Objective". Then chose one of the "fields" from the scrolling menu.
- Administrative Fees - Those fees charged for administering the
- Mortality Expense - The expense of providing a death benefit.
- Total Net Asset Charges - The sum of the administrative fee and
This allows you to find costs that "=" (equal to), ">" (greater than),
"=>" (equal to or greater than), "=<" (equal to or less than), "<" (less
than) the value that you set in the Field Type" box.
To set the percentage value that your search for enter that value
without the percentage sign; 1% would be 1.0 , 50 basis points or 1/2 of 1
percent would be .50
Use this field to set an upper limit to your search. Used in combination
with the first "Range" field you can search for a band of results such as;
find all the policies with a Total Net Asset Charge of 1.0
Use their field to set an upper limit to your search.
You may rank your results in either descending or ascending order.
Deferred Sales Charges
Find a product with a deferred sales charge of a given number of year or
Date of Sales Charge
Chose from one of three options; None, Date of Deposit - sales charges
beginning on each new deposit, Date of Contract - sales charges beginning
form when the policy was issued.
Single Premium, Flexible Premium or Both
Plan Type Available
Select one or more plan types as all variable annuities do not accept all
type of funds.