Your Policy X-Ray

Meridian Life — Universal Life

Issued 2014 · policy ending 4829 · reviewed from your insurance company's documents, May 2026

Policy X-Ray result Needs attention

Your policy is active and paid up today — but Meridian Life's own projection shows the savings inside it running dry near age 90. When they do, the policy ends, and the $2,000,000Carrier documentContract · p. 3 meant for your family is never paid.

Coverage lifespan Built to last for life · projected to end 26 years early

52Issued · 2014

64You are here · 2026

Coverage ends

~90Savings gone · 2052

Premiums paid in Projected coverage The years you'd lose

Payout to family

$2,000,000Carrier documentContract · p. 3

death benefit, today

Savings today

$287,400Carrier document2026 statement · p. 2

cash value

You pay a year

$18,400Carrier document2026 statement · p. 4

≈ $1,533 / month

Total paid in

$239,200

toward a policy projected to lapse

The situation

What you own — and what you're paying

The policy as it stands today — what it's worth, what it costs, and where each dollar of your premium goes.

You hold a Universal LifeWhat this meansA savings account attached to life insurance: your payments go in, interest is added each year, and the cost of the coverage plus fees are taken back out. policy from Meridian Life, purchased in 2014 at age 52.

1The death benefit

It's worth $2,000,000Carrier documentContract · p. 3 to your family today.

2The savings inside

Over 13 years you've paid in $239,200GetSure estimatemonthly payment × years paid. The cash value is $287,400Carrier document2026 statement · p. 2 — barely more than you put in.

Paid in $239,200

Cash value $287,400

You pay $1,533 a month to keep this policy in force.

Where each dollar goes

48%38%14%

Builds your savings Cost of the coverage Fees & expenses

$9,510Carrier document2026 statement · p. 8 — about 52% of every dollar — now goes to the cost of coverage and fees.

The diagnosis

Your coverage is projected to run out around age 90

The updated in-force illustrationWhat this meansA fresh projection from the carrier showing how your specific policy is expected to perform from here. GetSure requested from Meridian Life shows the savings line crossing zero around age 90Carrier documentUpdated projection from Meridian Life · May 2026 — decades short of the lifelong coverage this policy was sold to provide. It's the single line the rest of this report turns on.

Original plan · 2014 (6% interest) Projection now · 4% interest + today's costs

The gap between the lines — about $39,000 today and widening every year — is the savings the 2014 plan assumed you'd have, but Meridian Life no longer projects. See the sourceCarrier documentUpdated projection from Meridian Life · May 2026

Two forces squeeze the savings — so less of each payment is left to build value:

1The cost of the coverage rises every year as you age.
2The interest the policy earns is below the 6% the original 2014 plan assumed — your contract guarantees only a 2% minimumCarrier documentContract · guaranteed minimum interest rate.

The options

You have time — and good options

Nothing breaks tomorrow, so a small move now is far cheaper than a big one later. Here are the real paths from here — open any one to see how it plays out on Meridian Life's own numbers. Nothing below changes your actual policy.

On Meridian Life's projection the savings hit zero around 2052. The policy lapses and the $2,000,000 payout stops — after the $239,200 you've paid so far, plus decades more in premiums.

Paying about $4,200 more a year from 2042 closes the gap and carries coverage to age 100. The earlier you start, the smaller the increase.

With no more premiums, the charges drain the savings in about five years. The policy lapses near age 69 (2031) and the $2,000,000 is gone.