Model Actuarial Pricing Systems
   (formerly, Milliman pricing software)
   10 N. Martingale Rd.
   Suite 400
   Schaumburg, IL 60173

   866.525.7115 (Office)

 
 
 

 

Policy Pricing Services

You can enlist the experts at MAPS Pricing to price contracts for you. Using the same sophisticated system available for license, MAPS Pricing will price a contract using information provided by you including:

  • Insured’s DOB, gender and risk class
  • Inforce or sales illustration
  • Policy specifications
  • LEs
  • Current policy values
  • Expected rates of return

MAPS Pricing works with you to set pricing assumptions such as:

  • Mortality table
  • Policy value threshold
  • Funding options
  • Immediate policy transactions such as partial surrenders and loans

We provide a standard set of reports showing:

  • Range of valuations based on differing rates of return and LEs
  • Optimized premiums
  • Probabilistic cash flows and net present values on a policy year basis and on a monthly basis
  • Calculated COI rates
  • Carrier illustration
  • Input summary