Life Insurance Illustration, What Do These Terms Mean?

[armstrong]

At the very end of several illustrations (Universal Life), the following is listed. Can anyone tell me what these terms are/mean?



CTP: 11793 ST:10268 LMT: 12056 LFT 26797
GSP: 0 GLP: 0 7PP: 41662

CTP: 11793 TCTP: 12619 THR: 39627



Especially the "TCTP", "THR", "LMT" and "LFT". Thanks!

 

[arnguy]

Dammit! If I could find my Little Orphan Annie Secret Decoder Ring I could help you.

 

[Josh]

Could you show the rest of the illustration?

 

[Franz Kafka]

At the very end of several illustrations (Universal Life), the following is listed. Can anyone tell me what these terms are/mean?



CTP: 11793 ST:10268 LMT: 12056 LFT 26797
GSP: 0 GLP: 0 7PP: 41662

CTP: 11793 TCTP: 12619 THR: 39627



Especially the "TCTP", "THR", "LMT" and "LFT". Thanks!

Let's see ... GSP Guideline Single Premium, GLP Guideline Level Premium, 7PP 7 Pay Premium ... Ones with TP's probably have to do with Target Premiums ... that's as far as I can tell.

 

[WinoBlues]

Let's see ... GSP Guideline Single Premium, GLP Guideline Level Premium, 7PP 7 Pay Premium ... Ones with TP's probably have to do with Target Premiums ... that's as far as I can tell.

CTP = Commissionable Target Premium.

 

[armstrong]

thank you all.

CTP = commission target premium
TCTP = tiered commission target premium. Apparently, if you do a large enough premium upfront, they give a higher target commission premium called TCTP.

what about "THR"? Any ideas?


this was a prudential illustration.

 

[WinoBlues]

thank you all.

CTP = commission target premium
TCTP = tiered commission target premium. Apparently, if you do a large enough premium upfront, they give a higher target commission premium called TCTP.

what about "THR"? Any ideas?


this was a prudential illustration.

Just curious, Are you an agent or consumer?

 

[armstrong]

I am an agent.

 

[David Tang]

GSP: Guideline Single Premium : the max you can put in the first 10 years without becoming a MEC.

GLP: Guideline Level Premium: the max you can put in for lifetime without becoming a MEC.

7PP: MEC limit


What is LMT, LFT, ST, FWP, THR?

--------
CTP: 11793 ST:10268 LMT: 12056 LFT 26797
GSP: 0 GLP: 0 7PP: 41662 , FWP: 324200.92
CTP: 11793 TCTP: 12619 THR: 39627