Most current version

The Wave 56 is the most current version.

You can download the installation file first. Then double-click the file to install; or run the installation file directly without saving it.

If any of the product illustration modules in The WAVE program are currently open, please save the installation file first; then shut down the WAVE program and double click the saved file to install.

What’s new for WAVE v56
Effective April 14, 2025, we are introducing the following:
Estate Preserver Plan (EPP) concept changes to enhance the estate planning options

• Revised user interface, report pages and calculations
• Support for both Universal life and Whole Life products

Universal Life Insurance Product Consolidation

• Wealth Dimensions will be the only universal life product open to new sales

Underwriting Updates for Critical Illness

• Update to critical illness age and amount requirements for all ages in the $1 – 2 million band: the inspection report is now replaced with the financial questionnaire

Income Annuity Illustration Update

• Minor wording updates for accuracy
• New link to the Income Annuity – Additional Information Form for RPP Funds -778E

Other Updates

• Whole Life Module – Performance Bonus Rate (PBR) update
• Ongoing maintenance to improve usability

Please download the NEW Wave 56 illustration software.