Are initial premium comparisons the only option to compare products?
No. Compulife provides a wide array of comparison options. You can compare premiums on an Accumulated cost basis, for as many years as you like. You can compare based upon the current premiums or the guaranteed premiums. Having said that, Compulife is the first to underline that accumulated cost comparisons are a weak form of measuring future policy costs. That’s why we provide you with two additional future cost comparison methods. There is the PVAC option, which stands for Present Value Accumulated Cost. Future premiums are discounted and accumulated at any interest rate you specify. Alternately, you can use the Interest Adjusted Cost (Payment) Index and compare based upon any time period for either current or guaranteed premiums.
