Most current version
The Wave 58 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 v58
Effective February 23, 2026 we are introducing the following:
Term Life reprice
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We’re decreasing rates on Term Life 10, 15, 20, 25 and 30 base plans and term riders:
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Lower rates across all ages and bands – an overall decrease of 5%
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Proportionately lower renewal rates
Wave Software Enhancements
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Updates to Net Cost of Pure Insurance (NCPI) deductibility logic in the insurance concepts
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Ongoing maintenance to improve the user experience
Please download the NEW Wave 58 illustration software.