What is the modified endowment contract amount for 2014 tax year? 
You are talking about Life Insurance which is not set to a specific amount but rather variables including your age at issue , the face amount , how you are going to be classified ie . preferred or standard rating . Generally speaking , lump sums of money will create a MEC unless it falls under the 1035 exchange guidelines . I have clients however who have put a lump sum of over $ 10k and not create a MEC . Can you provide more specifics or call me or your broker to look at the insurance you have or looking to apply for ? 