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Among the assumptions made are the following:
• That you will qualify for life insurance under the presented parameters: that your health and history are such that you are insurable; that you have enough insurable interest (based on, among other things, your age and income) to qualify for the amount of death benefit in the plan; and that you have enough income and liquid assets to qualify for the amount of premium going into the plan.
• That the insurance company providing coverage will continue to pay dividends at their projected rate (the rate projected in the illustration, which is based on the current dividend scale).
• That the interest rates banks are willing to loan on using cash value life insurance as collateral will not increase significantly without a corresponding increase in the interest rate the insurance company pays on
your plan.