An in-force ledger is the tabular year-by-year report within an in-force illustration showing premiums, charges, death benefits, cash values, and loan activity based on current assumptions. It allows advisors and owners to visualize how policy mechanics are unfolding and to test alternative funding or benefit options. The ledger is not a contract; it is a projection tool used to manage policies prudently over time.

Advisors review the ledger's year-by-year values with clients and test alternatives-premium changes, reduced benefits, or loan strategies-to keep policies viable. The ledger becomes part of the service record and audit trail.