| Keyword | CPC | PCC | Volume | Score | Length of keyword |
|---|---|---|---|---|---|
| interpolated terminal reserve value | 0.1 | 0.4 | 9147 | 14 | 35 |
| interpolated | 0.1 | 1 | 5426 | 69 | 12 |
| terminal | 1.86 | 0.3 | 9438 | 75 | 8 |
| reserve | 0.72 | 0.1 | 6600 | 30 | 7 |
| value | 1.71 | 0.4 | 2663 | 13 | 5 |
| Keyword | CPC | PCC | Volume | Score |
|---|---|---|---|---|
| interpolated terminal reserve value defined | 0.52 | 0.4 | 8632 | 89 |
| interpolated terminal reserve value | 0.87 | 0.3 | 7032 | 53 |
| interpolated terminal reserve valuation | 1.82 | 0.3 | 9910 | 14 |
| interpolated terminal cash reserve value | 0.68 | 1 | 3992 | 92 |
| what is an interpolated terminal reserve | 0.59 | 0.6 | 9872 | 69 |
| interpolated terminal reserve calculation | 1.46 | 1 | 4603 | 9 |
| interpolated terminal reserve means | 0.41 | 0.5 | 6686 | 49 |
| interpolated terminal reserve life insurance | 1.46 | 0.7 | 4402 | 22 |
| terminal rate federal reserve | 1.46 | 0.9 | 7846 | 93 |
What is the Interpolated Terminal Reserve? The interpolated terminal reserve is a mid policy year calculation on a life insurance policy's reserve used most often to determine the market value of a life insurance policy. The value of the interpolated terminal reserve is something close to the policy's cash value, but the two are not the same.
What is the difference between terminal reserve and ITR?A policy’s terminal reserve is the amount of money that the life insurance carrier has set aside by law to guarantee the payment of policy benefits and is determined once a year. The ITR is a mid-year estimate of the terminal reserve value determined by adding the current year’s increase to the prior year’s reserve.
Why do other carriers only provide the tax reserve value?Other carriers might adopt a rule of convenience and only provide the tax reserve value. The American Bar Association’s “Task Force on Policy Valuation” was created to ensure objectivity and uniformity across carriers while simplifying the valuation process and limiting actuarial discretion.
What is a statutory reserve?Some carriers use the “tax reserve,” which is the reserve value reported on their corporate income tax return. Every carrier is required to file financial statements with their state regulators using the “statutory reserve” method.
