DeemedCashValueAmt

Description
Deemed Cash Value Amount

Type : Currency

Definition
Deemed Cash Value. This field represents the Accumulated Cash Value as of the Policy Value Date that would result if all the premiums paid under the contract had been credited with the guaranteed interest rate and reduced by monthly charges. It excludes surrender charges and outstanding loan amounts. If this value goes negative, it is assumed to be zero.

Parents
LifeUSA