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Maturity: The point at which a policy's cash value equals its face amount. For policies satisfying the definition of life insurance under IRC §7702, endowment/maturity can occur no sooner than age 95. [Also see endowment.]

Maximum Accumulation (Pricing Style): Policies identified as "Maximum Accumulation" policies are designed to perform optimally in "defined-contribution" plan designs, where the policy buyer specifies the premium/contribution amount, and the insurer determines both the death benefit, and the cash value that will be accumulated (e.g., for retirement planning, deferred compensation funding, etc.). "Maximum Accumulation" polices are defined as such by a cost structure comprised of both A) Premium Loads and/or Cash-Value-Based "wrap fees" that are lower than representative averages, and B) Cost of Insurance (COI) Charges and/or Fixed Administration Expenses that are higher than representative averages (where representative average COI Charges, Fixed Administration Expenses, Premium Loads and Cash-Value-Based "wrap fees" are determined by TIA Benchmarks).

Minimum Premium (Pricing Style): Policies identified as "Minimum Premium" policies are designed to perform optimally in "defined-death-benefit" plan designs, where the policy buyer specifies the policy face/death benefit amount and the duration of coverage, and the insurer determines the premium necessary to provide that death benefit for the specified period (e.g., for family protection, business continuity financing, estate/transfer tax financing, etc.). "Mimumin Premium" policies are defined as such by a cost structure comprised of both A) Cost if Insurance (COI) Charges and/or Fixed Administration Expenses that are lower than representative averages and B) Premium Loads and/or Cash-Value-Based "wrap fees" that are higher than representative averages, (where representative average COI Charges, Fixed Administration Expenses, Premium Loads and Cash-Value-Based "wrap fees" are determined by TIA Benchmarks).

Mixed (Pricing Style): Policies identified as "Mixed" are designed to perform well in either "defined-contribution" or "defined-death-benefit" plan designs, and as such, are designed to perform optimally where the policy buyer has a need for both traditional life insurance protection (e.g., for family protection, business continuity financing, estate/transfer tax financing, etc.) as well as wealth accumulation (e.g., for retirement planning, deferred compensation funding, etc.)