Method for Using a Survival Risk Insurance Policy as Part of a Separate Account or General Account Investment Option

摘要

Survival risk insurance is purchased by a separate account in which variable life insurance policies are invested in order to assure the benefits of such variable life insurance policies will be available per assumptions made in a funding strategy. Alternatively, survival risk insurance may be purchased by the general account of a life insurance company to offset guarantees made in the insurer's traditional life insurance policies to pay benefits per a death benefit schedule established at the time such life insurance was issued. Such funding strategy is a strategy that relies on the death benefits of such variable or traditional life insurance policies being paid according to a schedule projected by a modeling program.