Description |
Guideline Single Account Value Future Premium Amount |
Type : Currency |
Definition |
Annual Guideline Single Premium (GSP) accumulated value of fund. Premium needed to be made on a single basis to endow the policy based on guaranteed assumptions and 6% interest less guideline Cost of Insurance and loads. On adjustment, past cumulative guideline accumulations are used to calculate future guideline premiums. |
Parents |
LifeUSA |