How to correctly illustrate face amount decreases with Inforce ...

2After you click the “Custom” box on the Coverages tab, the Face Amount Decreases window willappear. Use this window to enter the details of a future face amount decrease and proceed asfollows:• Enter the year in which the original face amount ends in the “To Yr” field on the top line.• The year in which the reduced face amount begins will be automatically updated in the“From Yr” field on the next line.• Enter the year in which the reduced face amount ends in the “To Yr” field on this line.• Enter the new face amount where shown.Important:You must apply for face amount reductions using the correct forms andprocedures. Your distributor can provide you with this information. As well,Transamerica will soon post this information on the Administration section ofthe Distribution Resource Centre (DRC).In the current inforce software, the face amount deduction is illustrated as ofthe policy anniversary date. Please contact your distributor if you require anillustration showing a face amount deduction within policy year.2