TABLE OF GUARANTEED VALUES; BASIS OF VALUES Sample Clauses

TABLE OF GUARANTEED VALUES; BASIS OF VALUES. Cash Values and Paid-up Insurance for the Insur- ance Amount are shown on page 4 for the end of the Policy years indicated. These values assume that all premiums due have been paid for the number of years stated. They do not reflect Paid-up Additions, dividend accumulations or Policy Debt. Cash Values for Paid-up Additions are shown on page 5. Values during a Policy year will reflect any portion of the year's premium paid and the time elapsed in that year. Values for Policy years not shown are calculated on the same basis as those shown on page 4. A list of these values will be furnished on request. The Cash Value for each Policy year not shown on page 4 and the net single premiums are based on the 2001 Commissioners Standard Ordinary Mortality Table Ultimate Rates for the sex and smoking status of the Insured. Interest is based on an annual effective rate of 4%. Calculations assume the continuous payment of premiums and the im- mediate payment of claims. For increases in premium that occur under Sec- tion 3 after the twentieth Policy year, the Company may base Cash Values and premiums on the inter- est rates and mortality tables being used as the basis of values of whole life insurance then being issued by the Company. A detailed statement of the method of calcula- tion of all values has been filed with the insurance supervisory official of the state in which this Policy is delivered. The Company will furnish this state- ment at the request of the Owner. All values are at least as great as those required by that state.