SumGDBLimPrems

Description
Sum Guaranteed Death Benefit Limited Premiums

Type : Currency

Definition
Same concept as SumGDBLifePrems, except some policies have two tiers of guarantees: one which guarantees the death benefit until the maturity age of the policy, and a more limited guarantee which lasts until some earlier age (say, age 80). In such a case, this value is the threshold against which the policy owner's premiums are tested to determine if they qualify for the limited-duration death benefit guarantee.

Parents
Life