EX-99.A(5)(I) 2 c61818ex99-a5i.txt ILLUSTRATIONS OF DEATH BENEFITS, CASH VALUES 1 Exhibit A(5)(I) VARIABLE WHOLE LIFE WITH ADDITIONAL PROTECTION INSURANCE POLICY MALE ISSUE AGE 35 -- SELECT UNDERWRITING RISK $200,000 VARIABLE WHOLE LIFE, $0 ADDITIONAL PROTECTION $2,610 ANNUAL PREMIUM (1) CURRENT CHARGES AND DIVIDEND SCALE (2) DIVIDENDS USED TO INCREASE POLICY VALUE
DEATH BENEFIT (3) CASH SURRENDER VALUE (3) ----------------------------------- --------------------------------- PREMIUM ASSUMING HYPOTHETICAL GROSS ASSUMING HYPOTHETICAL GROSS ACCUMULATED ANNUAL INVESTMENT RETURN OF ANNUAL INVESTMENT RETURN OF END OF AT 5% INTEREST POLICY YEAR PER YEAR 0% 6% 12% 0% 6% 12% ----------- -------------- -------- ------- --------- ------ ------- --------- 1 $2,741 $200,000 200,021 200,139 901 1,019 1,136 2 5,618 200,000 200,060 200,431 2,752 3,109 3,480 3 8,639 200,000 200,118 200,899 4,561 5,284 6,064 4 11,812 200,000 200,195 201,564 6,329 7,547 8,917 5 15,143 200,000 200,294 202,456 8,051 9,899 12,062 6 18,641 200,000 200,411 203,598 9,824 12,442 15,630 7 22,313 200,000 200,556 205,033 11,549 15,080 19,556 8 26,169 200,000 200,734 206,799 13,228 17,820 23,884 9 30,218 200,000 200,951 208,943 14,862 20,669 28,661 10 34,470 200,000 201,211 211,515 16,457 23,637 33,940 15 59,136 200,000 204,524 234,256 25,567 42,344 72,076 20 90,617 200,000 211,868 311,403 33,818 65,864 136,024 25 130,796 200,000 223,245 478,073 40,168 94,823 241,250 30 (age 65) 182,076 200,000 240,400 715,956 43,890 130,508 412,469 35 247,523 200,000 269,334 1,062,685 43,553 174,483 688,439 40 331,052 200,000 316,374 1,569,971 34,736 226,644 1,124,696 45 437,658 200,000 368,476 2,317,209 7,349 286,166 1,799,591
(1) If premiums are paid more frequently than annually the payments would be $1,331.41 semiannually, $673.55 quarterly, or $225.74 monthly. (2) Dividends illustrated are based on current scale and experience and are not guaranteed. (3) Assumes no policy loan has been made. IT IS EMPHASIZED THAT THE HYPOTHETICAL INVESTMENT RESULTS ARE ILLUSTRATIVE ONLY AND SHOULD NOT BE DEEMED A REPRESENTATION OF PAST OR FUTURE INVESTMENT RESULTS. ACTUAL INVESTMENT RESULTS MAY BE MORE OR LESS THAN THOSE SHOWN AND WILL DEPEND UPON A NUMBER OF FACTORS, INCLUDING THE INVESTMENT ALLOCATIONS MADE BY AN OWNER AND THE DIFFERENT RATES OF RETURN OF THE FUND PORTFOLIOS. THE DEATH BENEFIT AND CASH VALUE FOR A POLICY WOULD BE DIFFERENT FROM THOSE SHOWN IF THE ACTUAL INVESTMENT RATES OF RETURN AVERAGED 0%, 6% AND 12% OVER A PERIOD OF YEARS, BUT FLUCTUATED ABOVE OR BELOW THOSE AVERAGES FOR INDIVIDUAL POLICY YEARS. NO REPRESENTATIONS CAN BE MADE THAT THESE HYPOTHETICAL RATES OF RETURN CAN BE ACHIEVED FOR ANY ONE YEAR OR SUSTAINED OVER A PERIOD OF TIME. 1 2 VARIABLE WHOLE LIFE WITH ADDITIONAL PROTECTION INSURANCE POLICY MALE ISSUE AGE 35 -- SELECT UNDERWRITING RISK $200,000 VARIABLE WHOLE LIFE, $0 ADDITIONAL PROTECTION $2,610 ANNUAL PREMIUM (1) MAXIMUM CHARGES AND ZERO DIVIDENDS
DEATH BENEFIT (2) CASH SURRENDER VALUE (2) ----------------------------------- --------------------------------- PREMIUM ASSUMING HYPOTHETICAL GROSS ASSUMING HYPOTHETICAL GROSS ACCUMULATED ANNUAL INVESTMENT RETURN OF ANNUAL INVESTMENT RETURN OF END OF AT 5% INTEREST POLICY YEAR PER YEAR 0% 6% 12% 0% 6% 12% ----------- -------------- -------- ------- --------- ------ ------- --------- 1 2,741 200,000 200,014 200,132 895 1,012 1,130 2 5,618 200,000 200,046 200,416 2,739 3,095 3,465 3 8,639 200,000 200,096 200,872 4,542 5,262 6,038 4 11,812 200,000 200,162 201,521 6,304 7,514 8,873 5 15,143 200,000 200,249 202,390 8,021 9,854 11,996 6 18,641 200,000 200,354 203,504 9,794 12,386 15,536 7 22,313 200,000 200,484 204,897 11,516 15,007 19,421 8 26,169 200,000 200,638 206,605 13,190 17,724 23,691 9 30,218 200,000 200,819 208,663 14,812 20,536 28,381 10 34,470 200,000 201,024 211,112 16,381 23,450 33,538 15 59,136 200,000 202,537 231,095 24,092 40,357 68,915 20 90,617 200,000 205,046 285,062 28,878 59,042 124,518 25 130,796 200,000 208,876 420,175 30,617 80,454 212,033 30(age 65) 182,076 200,000 214,415 601,198 27,427 104,523 346,356 35 247,523 200,000 222,125 845,898 15,135 130,829 547,998 40 331,052 200,000 232,559 1,178,418 0 159,033 844,195 45 437,658 200,000 246,356 1,631,754 0 188,446 1,267,253
(1) If premiums are paid more frequently than annually the payments would be $1,331.41 semiannually, $673.55 quarterly, or $225.74 monthly. (2) Assumes no policy loan has been made. IT IS EMPHASIZED THAT THE HYPOTHETICAL INVESTMENT RESULTS ARE ILLUSTRATIVE ONLY AND SHOULD NOT BE DEEMED A REPRESENTATION OF PAST OR FUTURE INVESTMENT RESULTS. ACTUAL INVESTMENT RESULTS MAY BE MORE OR LESS THAN THOSE SHOWN AND WILL DEPEND UPON A NUMBER OF FACTORS, INCLUDING THE INVESTMENT ALLOCATIONS MADE BY AN OWNER AND THE DIFFERENT RATES OF RETURN OF THE FUND PORTFOLIOS. THE DEATH BENEFIT AND CASH VALUE FOR A POLICY WOULD BE DIFFERENT FROM THOSE SHOWN IF THE ACTUAL INVESTMENT RATES OF RETURN AVERAGED 0%, 6% AND 12% OVER A PERIOD OF YEARS, BUT FLUCTUATED ABOVE OR BELOW THOSE AVERAGES FOR INDIVIDUAL POLICY YEARS. NO REPRESENTATIONS CAN BE MADE THAT THESE HYPOTHETICAL RATES OF RETURN CAN BE ACHIEVED FOR ANY ONE YEAR OR SUSTAINED OVER A PERIOD OF TIME. 2 3 VARIABLE WHOLE LIFE WITH ADDITIONAL PROTECTION INSURANCE POLICY MALE ISSUE AGE 35 -- SELECT UNDERWRITING RISK $200,000 VARIABLE WHOLE LIFE PLUS $200,000 ADDITIONAL PROTECTION(1) $3,620 ANNUAL PREMIUM (2) CURRENT CHARGES AND DIVIDEND SCALE (3) DIVIDENDS USED TO INCREASE POLICY VALUE
DEATH BENEFIT (4) CASH SURRENDER VALUE (4) ----------------------------------- --------------------------------- PREMIUM ASSUMING HYPOTHETICAL GROSS ASSUMING HYPOTHETICAL GROSS ACCUMULATED ANNUAL INVESTMENT RETURN OF ANNUAL INVESTMENT RETURN OF END OF AT 5% INTEREST POLICY YEAR PER YEAR 0% 6% 12% 0% 6% 12% ----------- -------------- -------- ------- --------- ------ ------- --------- 1 3,801 400,000 400,000 400,000 1,343 1,495 1,648 2 7,792 400,000 400,000 400,000 3,944 4,417 4,908 3 11,983 400,000 400,000 400,000 6,491 7,458 8,503 4 16,383 400,000 400,000 400,000 8,985 10,626 12,469 5 21,003 400,000 400,000 400,000 11,415 13,916 16,839 6 25,854 400,000 400,000 400,000 13,891 17,443 21,767 7 30,948 400,000 400,000 400,000 16,297 21,099 27,187 8 36,296 400,000 400,000 400,000 18,639 24,893 33,160 9 41,912 400,000 400,000 400,000 20,919 28,838 39,752 10 47,809 400,000 400,000 401,333 23,147 32,950 47,043 15 82,020 400,000 400,000 423,375 35,180 58,140 99,015 20 125,684 400,000 400,000 477,445 45,132 88,871 185,437 25 181,411 400,000 400,000 651,812 51,120 125,398 328,924 30(age 65) 252,534 395,465 400,000 977,145 51,379 168,832 562,943 35 343,307 364,419 403,552 1,451,214 43,843 220,960 940,140 40 459,160 330,617 429,362 2,144,716 22,153 282,310 1,536,432 45 607,020 211,272 468,606 3,166,179 0 352,786 2,458,917
(1) Additional Protection is guaranteed to be $100,000 for at least 15 years, so long as all premiums are paid when due and all dividends are used to increase Policy Value. (2) If premiums are paid more frequently than annually the payments would be $1,846.10 semiannually, $933.43 quarterly, or $312.91 monthly. (3) Dividends illustrated are based on current scale and experience and are not guaranteed. (4) Assumes no policy loan has been made. IT IS EMPHASIZED THAT THE HYPOTHETICAL INVESTMENT RESULTS ARE ILLUSTRATIVE ONLY AND SHOULD NOT BE DEEMED A REPRESENTATION OF PAST OR FUTURE INVESTMENT RESULTS. ACTUAL INVESTMENT RESULTS MAY BE MORE OR LESS THAN THOSE SHOWN AND WILL DEPEND UPON A NUMBER OF FACTORS, INCLUDING THE INVESTMENT ALLOCATIONS MADE BY AN OWNER AND THE DIFFERENT RATES OF RETURN OF THE FUND PORTFOLIOS. THE DEATH BENEFIT AND CASH VALUE FOR A POLICY WOULD BE DIFFERENT FROM THOSE SHOWN IF THE ACTUAL INVESTMENT RATES OF RETURN AVERAGED 0%, 6% AND 12% OVER A PERIOD OF YEARS, BUT FLUCTUATED ABOVE OR BELOW THOSE AVERAGES FOR INDIVIDUAL POLICY YEARS. NO REPRESENTATIONS CAN BE MADE THAT THESE HYPOTHETICAL RATES OF RETURN CAN BE ACHIEVED FOR ANY ONE YEAR OR SUSTAINED OVER A PERIOD OF TIME. 3 4 VARIABLE WHOLE LIFE WITH ADDITIONAL PROTECTION INSURANCE POLICY MALE ISSUE AGE 35 -- SELECT UNDERWRITING RISK $200,000 VARIABLE WHOLE LIFE PLUS $200,000 ADDITIONAL PROTECTION(1) $3,620 ANNUAL PREMIUM (2) MAXIMUM CHARGES AND ZERO DIVIDENDS
DEATH BENEFIT (3) CASH SURRENDER VALUE (3) ----------------------------------- --------------------------------- PREMIUM ASSUMING HYPOTHETICAL GROSS ASSUMING HYPOTHETICAL GROSS ACCUMULATED ANNUAL INVESTMENT RETURN OF ANNUAL INVESTMENT RETURN OF END OF AT 5% INTEREST POLICY YEAR PER YEAR 0% 6% 12% 0% 6% 12% ----------- -------------- -------- ------- --------- ------ ------- --------- 1 3,801 400,000 400,000 400,000 1,164 1,316 1,469 2 7,792 400,000 400,000 400,000 3,571 4,033 4,512 3 11,983 400,000 400,000 400,000 5,911 6,842 7,848 4 16,383 400,000 400,000 400,000 8,181 9,744 11,504 5 21,003 400,000 400,000 400,000 10,375 12,739 15,508 6 25,854 400,000 400,000 400,000 12,606 15,942 20,012 7 30,948 400,000 400,000 400,000 14,749 19,232 24,931 8 36,296 400,000 400,000 400,000 16,806 22,615 30,313 9 41,912 400,000 400,000 400,000 18,768 26,084 36,199 10 47,809 400,000 400,000 400,000 20,636 29,647 42,648 15 82,020 400,000 400,000 410,613 29,066 49,499 86,253 20 125,684 333,952 400,000 445,801 33,673 69,731 153,793 25 181,411 283,402 400,000 518,053 35,287 89,532 261,209 30(age 65) 252,534 250,500 400,000 744,954 32,093 105,438 429,175 35 343,307 230,680 400,000 1,051,808 20,040 109,608 681,392 40 459,160 218,221 227,808 1,468,440 0 131,534 1,051,961 45 607,020 211,257 227,808 2,036,184 0 150,474 1,581,341
(1) Additional Protection is guaranteed to be $100,000 for at least 15 years, so long as all premiums are paid when due and all dividends are used to increase Policy Value. (2) If premiums are paid more frequently than annually the payments would be $1,846.10 semiannually, $933.43 quarterly, or $312.91 monthly. (3) Assumes no policy loan has been made. IT IS EMPHASIZED THAT THE HYPOTHETICAL INVESTMENT RESULTS ARE ILLUSTRATIVE ONLY AND SHOULD NOT BE DEEMED A REPRESENTATION OF PAST OR FUTURE INVESTMENT RESULTS. ACTUAL INVESTMENT RESULTS MAY BE MORE OR LESS THAN THOSE SHOWN AND WILL DEPEND UPON A NUMBER OF FACTORS, INCLUDING THE INVESTMENT ALLOCATIONS MADE BY AN OWNER AND THE DIFFERENT RATES OF RETURN OF THE FUND PORTFOLIOS. THE DEATH BENEFIT AND CASH VALUE FOR A POLICY WOULD BE DIFFERENT FROM THOSE SHOWN IF THE ACTUAL INVESTMENT RATES OF RETURN AVERAGED 0%, 6% AND 12% OVER A PERIOD OF YEARS, BUT FLUCTUATED ABOVE OR BELOW THOSE AVERAGES FOR INDIVIDUAL POLICY YEARS. NO REPRESENTATIONS CAN BE MADE THAT THESE HYPOTHETICAL RATES OF RETURN CAN BE ACHIEVED FOR ANY ONE YEAR OR SUSTAINED OVER A PERIOD OF TIME. 4