Product Update: Future-Dated Insurances
By Perry Feinstein, Marketing & Communications Manager
Additional updates in this release:
We’ve added this popular enhancement request, which expands the functionality of Target-Map Cash Flows. With the new Future-Dated Insurances enhancement, Asset-Map users will now have the ability to specify a “Benefit Start Date” for all insurance types. This enables advisors to more clearly illustrate the potential future recognition of an insurance event.
This solves the existing issue of Target-Maps assuming any insurance payout to be recognized within period 1 on a Cash Flow Report. When trying to illustrate a potential future loss of life, LTC or disability scenario, you’ll be able to show a more streamlined visualization.