Sample Hypothetical Illustration

EX-99.27(M) 8 dex9927m.htm SAMPLE HYPOTHETICAL ILLUSTRATION Sample Hypothetical Illustration

Exhibit 27(m)

Sample Hypothetical Illustration


Policy Year		Month		Age		Beginning CV ⁽¹⁾		Premium ⁽²⁾		Premium Load ⁽³⁾		BOM DB ⁽⁴⁾		BOM NAAR ⁽⁵⁾		Base COI Rate ⁽⁶⁾		Base COI Deduction ⁽⁷⁾		Policy Fee ⁽⁸⁾		Net CV ⁽⁹⁾		Gross Rate of Inv Return ⁽¹⁰⁾			Invest Fees ⁽¹¹⁾			Net Rate ⁽¹²⁾			M&E ⁽¹³⁾			Interest ⁽¹⁴⁾		End CV ⁽¹⁵⁾
5		1		34		7,875.20		2,500.00		250.00		300,000.00		289,136.74		0.11633		33.64		7.00		10,084.56		6.00	%		1.03	%		4.97	%		0.90	%		33.58		10,118.14
5		2		34		10,118.14		—		—		300,000.00		289,143.80		0.11633		33.64		7.00		10,077.51		6.00	%		1.03	%		4.97	%		0.90	%		33.56		10,111.06
5		3		34		10,111.06		—		—		300,000.00		289,150.88		0.11633		33.64		7.00		10,070.43		6.00	%		1.03	%		4.97	%		0.90	%		33.53		10,103.96
5		4		34		10,103.96		—		—		300,000.00		289,157.98		0.11633		33.64		7.00		10,063.32		6.00	%		1.03	%		4.97	%		0.90	%		33.51		10,096.83
5		5		34		10,096.83		—		—		300,000.00		289,165.10		0.11633		33.64		7.00		10,056.20		6.00	%		1.03	%		4.97	%		0.90	%		33.49		10,089.68
5		6		34		10,089.68		—		—		300,000.00		289,172.26		0.11633		33.64		7.00		10,049.04		6.00	%		1.03	%		4.97	%		0.90	%		33.46		10,082.51
5		7		34		10,082.51		—		—		300,000.00		289,179.43		0.11633		33.64		7.00		10,041.87		6.00	%		1.03	%		4.97	%		0.90	%		33.44		10,075.31
5		8		34		10,075.31		—		—		300,000.00		289,186.63		0.11633		33.64		7.00		10,034.67		6.00	%		1.03	%		4.97	%		0.90	%		33.42		10,068.08
5		9		34		10,068.08		—		—		300,000.00		289,193.86		0.11633		33.64		7.00		10,027.44		6.00	%		1.03	%		4.97	%		0.90	%		33.39		10,060.83
5		10		34		10,060.83		—		—		300,000.00		289,201.11		0.11633		33.64		7.00		10,020.19		6.00	%		1.03	%		4.97	%		0.90	%		33.37		10,053.55
5		11		34		10,053.55		—		—		300,000.00		289,208.38		0.11633		33.64		7.00		10,012.91		6.00	%		1.03	%		4.97	%		0.90	%		33.34		10,046.25
5		12		34		10,046.25		—		—		300,000.00		289,215.69		0.11633		33.64		7.00		10,005.61		6.00	%		1.03	%		4.97	%		0.90	%		33.32		10,038.93

⁽¹⁾	= End of Month Cash Value from previous month

⁽²⁾	= Annual planned premium

⁽³⁾	=For years 1-10, 10% up to Premium Load Target and 3% on Excess over Premium Load Target. Premium Load Targets refresh each year. For years 11+, premium load = 3%

⁽⁴⁾	= Beginning of Month Death Benefit

⁽⁵⁾	= Net Amount at Risk = (4) - (1) - (2) + (3)

⁽⁶⁾	= Current cost of insurance rate

⁽⁷⁾	= Current cost of insurance charge = (5) / 1000 * (6)

⁽⁸⁾	= Monthly Administration Fee = $7.00 in all months

⁽⁹⁾	= Net Cash Value = (1) + (2) - (3) - (7) - (8)

⁽¹⁰⁾	= Hypothetical Gross Rate of Investment Return

⁽¹¹⁾	= Arithmetic Average of Total Portfolio Expenses

⁽¹²⁾	= Hypothetical Net Rate of Investment Return = (10) - (11)

⁽¹³⁾	= Mortality and Expense Charge

⁽¹⁴⁾	= Interest = (9) * { [1 + (12) - (13)] ^ (1/12) -1 }

⁽¹⁵⁾	= End Of Month Cash Value = (9) + (14)