How do I submit Annuity Policies?

Single Premium Annuity policies should be submitted in Opt! as follows:  

• The lump sum payment for the policy is the Face Amount.  
• The equivalent APV for Opt! is 5% of the Face Amount.   

Flexible Premium Annuity policies should be submitted into opt as follows: 

• The amount of funds paid into the policy by the client in the first year is the Face Amount.  

• The equivalent APV listed for Opt! is 50% of the calculated Flow (Face Amount).   
• Additional payments are calculated at 50% of the first year’s contributions.