A financial is a cash flow, liability, insurance, or asset that is represented by a tile on the Asset-Map. The shape and color may vary depending on the type selected.
Add a Financial with the Sidebar Applets Visible
Click the plus icon at the top of the Sidebar applet list.
Choose the type of financial to create.
Fill in the fields with the red asterisk, which are required to produce the tile on the Asset-Map.
Though not needed to create the financial, enter other information on the Essentials, Details, and Notes page.
Click Create.
Add a Financial with the Sidebar Applets Hidden
Actions menu
Use the Actions menu when the Sidebar applets are hidden. Open the Actions menu by right-clicking on the map or clicking the colorize cross in the left-side navigation menu.
Choose the type of financial to create.
Fill in the fields with the red asterisk, which are required to produce the tile on the Asset-Map.
Though not needed to log the financial, enter other information on the Essentials, Details, and Notes page.
Click Create.
Financials page
Alternatively, navigate to the Financials page in the left-side navigation menu and add a financial by clicking the desired type and filling in the information.
Life Policy Cash Value
Cash value of non-term insurance types will add a second tile on the map, representing the same insurance benefit when the policy owner is selected on the Essential page. Cash value can be represented as an asset to be used to fund a Target-Map™.
Survivorship Life Insurance Policy
It is possible to illustrate a survivorship life insurance policy, or "second-to-die" policy, by applying two insured members to the life insurance tile to generate a visual that could be impactful for your conversation.
Select Insurance from the Actions Menu
Choose the best insurance type from the Type dropdown menu
Select two insured members.
Check the Joint checkbox.
Complete the Essentials tab (and Details and Notes tabs if desired).
Click Update.
Essentials and Details Pages
👉The Essentials and Details form fields change with the insurance type. Please take note of those fields and log information about the financials as desired.
👉On the Details tab, you'll find a Future Benefit Value checkbox, should you desire to include the benefit value on the Essentials tab in a Target-Map as a Future Value.
Target-Map Usage
Please note that a life policy is used to fund a loss of life illustration by default immediately. If a future death is meant to be illustrated, like in a retirement scenario, it is suggested to add the life benefit value as a custom asset directly on the Target-Map. Use the future value check box when adding the benefit asset so that a growth rate is not applied from today.
4/2025