EX-99.A(5)(I) 4 c69110ex99-a5i.txt ILLUSTRATIONS 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 2,741 200,000 200,014 200,131 894 1,012 1,129 2 5,618 200,000 200,044 200,414 2,737 3,093 3,463 3 8,639 200,000 200,092 200,868 4,539 5,258 6,034 4 11,812 200,000 200,155 201,516 6,298 7,508 8,869 5 15,143 200,000 200,267 202,417 8,036 9,873 12,022 6 18,641 200,000 200,429 203,601 9,857 12,461 15,632 7 22,313 200,000 200,656 205,115 11,664 15,180 19,639 8 26,169 200,000 200,946 206,996 13,452 18,031 24,082 9 30,218 200,000 201,307 209,294 15,221 21,025 29,012 10 34,470 200,000 201,738 212,055 16,970 24,164 34,481 15 59,136 200,000 205,476 235,473 26,328 43,296 73,293 20 90,617 200,000 213,837 317,870 35,338 67,833 138,849 25 130,796 200,000 226,942 490,867 42,972 98,520 247,706 30 (age 65) 182,076 200,000 246,337 739,147 48,222 136,445 425,830 35 247,523 200,000 281,922 1,099,608 49,123 182,637 712,359 40 331,052 200,000 331,437 1,629,101 42,601 237,434 1,167,055 45 437,658 200,000 387,684 2,418,472 21,476 301,083 1,878,234
(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 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 2,741 200,000 200,014 200,131 894 1,012 1,129 2 5,618 200,000 200,044 200,414 2,737 3,093 3,463 3 8,639 200,000 200,092 200,868 4,539 5,258 6,034 4 11,812 200,000 200,155 201,514 6,298 7,508 8,866 5 15,143 200,000 200,239 202,379 8,012 9,845 11,984 6 18,641 200,000 200,340 203,487 9,782 12,372 15,518 7 22,313 200,000 200,464 204,873 11,501 14,988 19,396 8 26,169 200,000 200,613 206,571 13,171 17,698 23,656 9 30,218 200,000 200,785 208,617 14,787 20,503 28,335 10 34,470 200,000 200,982 211,052 16,352 23,408 33,478 15 59,136 200,000 202,431 230,907 24,032 40,251 68,727 20 90,617 200,000 204,833 283,981 28,779 58,829 124,046 25 130,796 200,000 208,496 418,143 30,474 80,074 211,007 30 (age 65) 182,076 200,000 213,788 597,618 27,237 103,896 344,294 35 247,523 200,000 221,148 839,871 14,899 129,852 544,094 40 331,052 200,000 231,097 1,168,595 0 157,571 837,158 45 437,658 200,000 244,240 1,616,126 0 186,330 1,255,116
(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 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 1,336 1,488 1,641 2 7,792 400,000 400,000 400,000 3,953 4,425 4,916 3 11,983 400,000 400,000 400,000 6,551 7,517 8,561 4 16,383 400,000 400,000 400,000 9,118 10,761 12,607 5 21,003 400,000 400,000 400,000 11,656 14,165 17,098 6 25,854 400,000 400,000 400,000 14,280 17,854 22,201 7 30,948 400,000 400,000 400,000 16,879 21,724 27,859 8 36,296 400,000 400,000 400,000 19,443 25,775 34,126 9 41,912 400,000 400,000 400,754 21,975 30,018 41,072 10 47,809 400,000 400,000 403,060 24,469 34,459 48,771 15 82,020 400,000 400,000 427,287 37,341 61,037 102,927 20 125,684 400,000 400,000 485,713 48,928 94,306 193,705 25 181,411 400,000 400,000 684,440 57,748 135,165 345,388 30 (age 65) 252,534 400,000 404,381 1,030,780 61,426 184,597 593,843 35 343,307 384,475 425,916 1,533,591 55,532 243,324 993,506 40 459,160 348,243 459,819 2,272,173 36,616 312,767 1,627,739 45 607,020 211,272 510,947 3,373,241 0 395,127 2,619,726
(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 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 1,163 1,315 1,468 2 7,792 400,000 400,000 400,000 3,569 4,030 4,510 3 11,983 400,000 400,000 400,000 5,907 6,837 7,843 4 16,383 400,000 400,000 400,000 8,174 9,736 11,495 5 21,003 400,000 400,000 400,000 10,364 12,726 15,493 6 25,854 400,000 400,000 400,000 12,591 15,923 19,990 7 30,948 400,000 400,000 400,000 14,730 19,207 24,899 8 36,296 400,000 400,000 400,000 16,781 22,581 30,269 9 41,912 400,000 400,000 400,000 18,737 26,042 36,140 10 47,809 400,000 400,000 400,000 20,599 29,593 42,570 15 82,020 400,000 400,000 410,372 28,991 49,364 86,012 20 125,684 333,952 400,000 445,196 33,553 69,458 153,188 25 181,411 283,402 400,000 516,696 35,116 89,041 259,852 30 (age 65) 252,534 250,500 400,000 740,286 31,868 104,608 426,486 35 343,307 230,680 230,680 1,044,019 19,758 113,756 676,346 40 459,160 218,221 230,680 1,455,819 0 137,053 1,042,919 45 607,020 211,257 230,680 2,016,187 0 158,863 1,565,811
(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