David RacichPRO
    Fountain Hills, Arizona
    The target premium of a life insurance policy is the portion of the premium that is the reference point for compensation and could also be the premium to endow, to mature and sometime might relate to the guideline annual premium. The target premium is used in a variety of applications. 

    Answered on May 24, 2013
  2. 11783 POINTS
    Larry GilmorePRO
    Agent Owner, Gilmore Insurance Services, Marysville, Washington State
    What is a target premium on a universal life insurance?   The target premium is the premium that will keep the policy in force to a given age at what is usually the current crediting rate. In other words if thing go unchanged of the life of the policy the target premium should hit the targeted goal duration wise.
    Answered on May 25, 2013
  3. 63333 POINTS
    Peggy Mace
    Most of the U.S.
    When you buy universal life insurance, you have the choice to put in a higher premium than is required for your policy to last to a certain age. If you add more premium, your cash value may build more quickly, or your universal life policy may last more years. The target premium is usually the required premium for the policy to last a set number of years.
    Answered on November 10, 2014
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