Power of the benefitMATRIX: COLI Audit*

Comparison of the incumbent product against alternative products through the benefitMATRIX resulted in identifying a more cash efficient option:

• 14.51% decrease in the internal policy costs over 10 years.
• 8.93% increase in the cash value efficiency by year 10.
• $1,369,435 additional policy cash value versus the incumbent product.

Cash value efficiency in year 10 is important because it coincides with the commencement of benefits being distributed under the DB SERP arrangement.

*Based on a comparison using the incumbent product’s in-force insurance ledger. This case study is in not intended to be used as a primary basis for insurance or investment decisions. Similar results are not guaranteed and will vary based on individual client situations. Prior to replacing life insurance one should take into consideration issues including but not limited to commissions, fees, expenses, surrender charges, premiums, potential tax consequences, and a new contestability period.