My company is thinking about offering a new UL plan and we anticipate using the CVAT (Cash Value Accumulation Test) for Reg. 7702 compliance. This would be our first foray into the CVAT world. We are wondering what is common practice for calculation of the death benefit amount, once a death benefit increase has been triggered by CVAT due to excessive cash value. In particular, we are wondering what happens to the revised death benefit amount if the cash value subsequently decreases to a point below the CVAT trigger. Is it common to "lock-in" the increased death benefit, or do companies permit the death benefit to track up or down, as the cash value varies.