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What is a reprojection?

reprojection
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What is a reprojection?

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For most universal life policies, the reprojection (that accompanies the SOA) is a forecast into the future based on the current premium you are scheduled to pay as well as current interest rates and costs of insurance. Because interest rates and costs may change, this information is not guaranteed. The guaranteed values shown on the reprojections reflect the policy values at the guaranteed cost of insurance and guaranteed interest rates for the policy. These guarantee values are only valid provided future scheduled payments are made on time; as well as no additional partial withdrawals or loans are requested. You should refer to your individual policies for details pertaining to your specific policy.

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