Disclaimer of Financial Advice
The information, analysis, and reports generated by ParityPoint (the "Service") are provided solely for educational and informational purposes. The Service is a mathematical calculator and does not constitute financial, investment, legal, or tax advice. By using the Service, you explicitly acknowledge and agree to the following.
No Fiduciary Duty
ParityPoint and its operators are not registered investment advisers, broker-dealers, insurance producers, or financial planners. We do not act in a fiduciary capacity toward you.
No Recommendations
The Service mathematically models the data you input. It does not recommend, endorse, or advise on the purchase, sale, surrender, or modification of any life insurance policy, security, or investment product.
User-Driven Assumptions
The Internal Rate of Return (IRR) calculations, alternative-strategy modeling (for example, comparing the policy against purchasing term coverage and investing the premium differential), and future value projections depend entirely on the illustration data and rate-of-return assumptions you provide. These projections do not guarantee or predict future market performance.
Term Insurance Estimates
Term insurance premium estimates shown in alternative-strategy comparisons are derived from publicly available industry rate data and are illustrative only. They are not insurance quotes. Actual premiums available to you will depend on full underwriting, medical history, and carrier-specific criteria, and may differ materially from the estimates shown.
Dividend Projections
Non-guaranteed values, including projections based on current or conservative dividend scales, are not guarantees. Dividend scales are determined by the issuing carrier and are subject to change. Only the guaranteed values shown in your illustration are contractually guaranteed by your carrier.
Tax Estimates
Any tax-impact figures shown reflect simplified estimates based on assumed federal long-term capital gains rates and do not account for your specific tax situation, state taxes, the alternative minimum tax, the surrender taxation of policy gain over basis, or other tax considerations. They are illustrative, not tax advice.
Consult a Professional
You are solely responsible for evaluating the merits and risks associated with the use of any data generated by the Service. You should consult with a qualified financial, insurance, or tax professional before making any decisions regarding your insurance policies or investments.