EX-99.9 8 dex999.txt ILLUSTRATIONS EXHIBIT 9 ILLUSTRATIONS OF CASH VALUES, SURRENDER VALUES, AND DEATH BENEFITS The tables in this Illustration have been prepared to help show how values under Individual and Survivorship Policies change with investment experience. The tables illustrate how Cash Values, Surrender Values (reflecting the deduction of Withdrawal Charges, if any) and Death Benefits under a Policy issued on an Insured or Insureds of a given age would vary over time, if the hypothetical gross investment rates of return were a uniform, after tax, annual rate of 0%, 6%, and 12%. If the hypothetical gross investment rate of return averages 0%, 6%, or 12%, but fluctuates over or under those averages throughout the years, the Cash Values, Surrender Values and Death Benefits may be different. The amounts shown for the Cash Value, Surrender Value and Death Benefit as of each Policy Anniversary reflect the fact that the net investment return on the assets held in the Subaccounts is lower than the gross return. This is because of a daily charge to the Subaccounts for assuming mortality and expense risks, which is equivalent to an effective annual charge of 0.90%. In addition, the net investment returns also reflect the deduction of the Portfolio investment advisory fees and other Portfolio expenses at an annual effective rate of 0.92%, which is the arithmetic average of the actual and estimated fees and expenses for all of the Portfolios, including any expense reimbursements or fee waivers. Without expense reimbursements and fee waivers, the annual effective rate would have been 1.01%. KILICO anticipates that the expense reimbursement and fee waiver arrangements will continue past the current year. If there should be an increase or decrease in the expense reimbursements and fee waivers of a Portfolio that has such arrangements, that change will be reflected in the net asset value of the corresponding Portfolio. The tables also reflect applicable charges and deductions including (a) a monthly Administration Charge of 0.35% annually for the first ten Policy Years and 0.25% annually thereafter, (b) a monthly Tax Charge of 0.40% annually for the first ten Policy Years and 0.0% thereafter, (c) an annual Records Maintenance Charge of $30.00 per year, and (d) monthly charges for insurance protection. However, no Records Maintenance Charge is deducted in any year in which the Policy Value exceeds $50,000 on the prior Policy Anniversary. The current cost of insurance charge for Individual Policies, Standard Class (NT) is the lower of (a) 0.55% annually of Cash Value for the first ten Policy Years and 0.25% thereafter or (b) the guaranteed cost of insurance charge. The current cost of insurance charge for Survivorship Policies, Standard class (NT) is the lower of (a) 0.45% annually of Cash Value for the first ten Policy Years and 0.20% thereafter or (b) the guaranteed cost of insurance charge. We may change the current asset based cost of insurance charge. For each hypothetical gross investment rate of return, tables are provided reflecting current and guaranteed cost of insurance charges. Hypothetical gross average investment rates of return of 0%, 6% and 12% correspond to the approximate net annual investment rate of return of -0.92%, 5.08% and 11.08%, respectively. Cost of insurance rates vary by age, sex, and rating class and, therefore, are not reflected in the approximate net annual investment rate of return above. The values shown are for Policies issued to standard non-tobacco Insureds. Values for Policies issued on a basis involving a higher mortality risk would result in lower Cash Values, Surrender Values and Death Benefits than those illustrated. Females generally have a more favorable rate structure than males. The tables also reflect the fact that no charges for Federal, state or other income taxes are currently made against the Separate Account. If such a charge is made in the future, it will take a higher gross rate of return than illustrated to produce the net after-tax returns shown in the tables. Upon request, KILICO will furnish an illustration based on the proposed Insured's age, sex and premium payment requested. INDIVIDUAL MODIFED SINGLE PREMIUM VARIABLE UNIVERSAL LIFE INSURANCE POLICY MALE STANDARD NON-SMOKER [$10,000] INITIAL PREMIUM ISSUE AGE [40] $54,658 INITIAL SPECIFIED AMOUNT VALUES -- CURRENT COST OF INSURANCE
0% Hypothetical 6% Hypothetical Gross Investment Return Gross Investment Return ---------------------------------------- ---------------------------------------- Premium Policy Paid Plus Cash Surrender Death Cash Surrender Death Year Interest at 5% Value Value Benefit Value Value Benefit ------- Age ---------- ---------- --------- ---------- ---------- --------- ---------- 1 41 10,500 9,692 8,790 54,658 10,280 9,324 54,658 2 42 11,025 9,365 8,513 54,658 10,536 9,582 54,658 3 43 11,576 9,048 8,264 54,658 10,800 9,871 54,658 4 44 12,155 8,740 8,081 54,658 11,071 10,244 54,658 5 45 12,763 8,442 7,880 54,658 11,350 10,618 54,658 6 46 13,401 8,153 7,683 54,658 11,636 11,005 54,658 7 47 14,071 7,873 7,489 54,658 11,931 11,399 54,658 8 48 14,775 7,602 7,298 54,658 12,234 11,803 54,658 9 49 15,513 7,339 7,111 54,658 12,545 12,214 54,658 10 50 16,289 7,084 7,054 54,658 12,865 12,835 54,658 11 51 17,103 6,892 6,862 54,658 13,300 13,270 54,658 12 52 17,959 6,704 6,674 54,658 13,751 13,721 54,658 13 53 18,856 6,520 6,490 54,658 14,218 14,188 54,658 14 54 19,799 6,341 6,311 54,658 14,702 14,672 54,658 15 55 20,789 6,166 6,136 54,658 15,203 15,173 54,658 16 56 21,829 5,995 5,965 54,658 15,723 15,693 54,658 17 57 22,920 5,828 5,798 54,658 16,261 16,231 54,658 18 58 24,066 5,665 5,635 54,658 16,819 16,789 54,658 19 59 25,270 5,505 5,475 54,658 17,397 17,367 54,658 20 60 26,533 5,349 5,319 54,658 17,997 17,967 54,658 25 65 33,864 4,622 4,592 54,658 21,334 21,304 54,658 30 70 43,219 3,975 3,945 54,658 25,321 25,291 54,658 35 75 55,160 3,399 3,369 54,658 30,085 30,055 54,658 40 80 70,400 2,886 2,856 54,658 35,777 35,747 54,658 45 85 89,850 2,429 2,399 54,658 42,576 42,546 54,658
12% Hypothetical Gross Investment Return --------------------------------------- Cash Surrender Death Value Value Benefit ---------- --------- ----------- 10,867 9,859 54,658 11,777 10,769 54,658 12,765 11,807 54,658 13,839 13,007 54,658 15,007 14,274 54,658 16,275 15,643 54,658 17,654 17,122 54,658 19,152 18,720 54,658 20,780 20,449 54,658 22,549 22,519 54,658 24,668 24,638 54,658 26,989 26,959 54,658 29,532 29,502 54,658 32,318 32,288 54,658 35,369 35,339 54,658 38,712 38,682 56,519 42,374 42,344 60,171 46,385 46,355 64,011 50,779 50,779 68,044 55,625 55,625 72,313 87,743 87,743 105,292 138,405 138,405 159,166 218,320 218,320 229,236 344,376 344,376 361,595 543,217 543,217 570,378 ASSUMPTIONS: (1) NO ADDITIONAL PREMIUMS PAID AND NO POLICY LOANS OR PARTIAL WITHDRAWALS HAVE BEEN MADE. (2) VALUES REFLECT CURRENT COST OF INSURANCE CHARGES. (3) NET INVESTMENT RETURNS ARE CALCULATED AS THE HYPOTHETICAL GROSS INVESTMENT RETURN LESS ALL CHARGES AND DEDUCTIONS SHOWN IN THE PROSPECTUS. (4) DEATH BENEFIT REFLECTS CURRENT INTERNAL REVENUE CODE REQUIREMENTS. (5) WHEN THE SURRENDER VALUE IS ZERO, THE DEATH BENEFIT SHOWN IS THE GUARANTEED DEATH BENEFIT UNDER KILICO'S NO LAPSE GUARANTEE. IF A CONTRACT LOAN WERE OUTSTANDING OR THE POLICY WERE ISSUED WITHOUT THE NO LAPSE GUARANTEE, WHEN THE SURRENDER VALUE IS ZERO, THE CONTRACT MIGHT LAPSE IN ACCORDANCE WITH THE GRACE PERIOD PROVISION. THE HYPOTHETICAL INVESTMENT RATES OF RETURN SHOWN ABOVE ARE ILLUSTRATIVE ONLY AND SHOULD NOT BE DEEMED A REPRESENTATION OF PAST OR FUTURE INVESTMENT RATES OF RETURN. ACTUAL RATES OF RETURN MAY BE MORE OR LESS THAN THOSE SHOWN AND WILL DEPEND ON A NUMBER OF FACTORS, INCLUDING THE INVESTMENT ALLOCATIONS MADE BY AN OWNER AND ACTUAL EXPENSES. THE DEATH BENEFIT, CASH VALUE AND SURRENDER VALUE FOR A POLICY WOULD BE DIFFERENT FROM THOSE SHOWN IF THE ACTUAL RATES OF RETURN AVERAGED 0%, 6% AND 12% OVER A PERIOD OF YEARS BUT ALSO FLUCTUATED ABOVE OR BELOW THOSE AVERAGES FOR INDIVIDUAL POLICY YEARS. NO REPRESENTATIONS CAN BE MADE BY KEMPER INVESTORS LIFE INSURANCE COMPANY THAT THESE HYPOTHETICAL RATES OF RETURN CAN BE ACHIEVED FOR ANY ONE YEAR OR SUSTAINED OVER ANY PERIOD OF TIME. INDIVIDUAL MODIFED SINGLE PREMIUM VARIABLE UNIVERSAL LIFE INSURANCE POLICY MALE STANDARD NON-SMOKER [$10,000] INITIAL PREMIUM ISSUE AGE [40] $54,658 INITIAL SPECIFIED AMOUNT VALUES -- GUARANTEED COST OF INSURANCE
0% Hypothetical 6% Hypothetical 12% Hypothetical Gross Investment Return Gross Investment Return Gross Investment Return ----------------------- ----------------------- ----------------------- Premium Policy Paid Plus Cash Surrender Death Cash Surrender Death Cash Surrender Death Year Interest at 5% Value Value Benefit Value Value Benefit Value Value Benefit ---- Age -------------- ----- ----- ------- ----- ----- ------- ----- ----- ------- 1 41 10,500 9,640 8,773 54,658 10,228 9,308 54,658 10,816 9,843 54,658 2 42 11,025 9,252 8,440 54,628 10,425 9,511 54,628 11,669 10,691 54,658 3 43 11,576 8,863 8,125 54,598 10,621 9,737 54,598 12,595 11,667 54,658 4 44 12,155 8,474 7,864 54,568 10,815 10,036 54,568 13,600 12,797 54,658 5 45 12,763 8,083 7,574 54,538 11,005 10,312 54,538 14,692 13,990 54,658 6 46 13,401 7,689 7,274 54,508 11,191 10,589 54,508 15,878 15,276 54,658 7 47 14,071 7,290 6,962 54,478 11,371 10,869 54,478 17,167 16,665 54,658 8 48 14,775 6,886 6,638 54,448 11,544 11,143 54,448 18,569 18,168 54,658 9 49 15,513 6,475 6,300 54,418 11,710 11,409 54,418 20,095 19,794 54,658 10 50 16,289 6,055 6,055 54,388 11,866 11,866 54,388 21,757 21,757 54,658 11 51 17,103 5,653 5,653 54,358 12,071 12,071 54,358 23,686 23,686 54,658 12 52 17,959 5,234 5,234 54,328 12,265 12,265 54,328 25,801 25,801 54,658 13 53 18,856 4,795 4,795 54,298 12,443 12,443 54,298 28,121 28,121 54,658 14 54 19,799 4,330 4,330 54,268 12,603 12,603 54,268 30,667 30,667 54,658 15 55 20,789 3,838 3,838 54,238 12,740 12,740 54,238 33,466 33,466 54,658 16 56 21,829 3,313 3,313 54,208 12,851 12,851 54,208 36,546 36,546 54,658 17 57 22,920 2,750 2,750 54,178 12,930 12,930 54,178 39,931 39,931 56,702 18 58 24,066 2,148 2,148 54,148 12,974 12,974 54,148 43,635 43,635 60,216 19 59 25,270 1,500 1,500 54,118 12,978 12,978 54,118 47,686 47,686 63,899 20 60 26,533 $798 $798 54,088 12,934 12,934 54,088 52,120 52,120 67,755 25 65 33,864 0 0 10,000 11,636 11,636 53,938 81,496 81,496 97,795 30 70 43,219 0 0 10,000 7,052 7,052 53,788 126,985 126,985 146,032 35 75 55,160 0 0 10,000 0 0 10,000 197,879 197,879 207,773 40 80 70,400 0 0 10,000 0 0 10,000 309,908 309,908 325,404 45 85 89,850 0 0 10,000 0 0 10,000 479,466 479,466 503,439
ASSUMPTIONS: (1) NO ADDITIONAL PREMIUMS PAID AND NO POLICY LOANS OR PARTIAL WITHDRAWALS HAVE BEEN MADE. (2) VALUES REFLECT GUARANTEED COST OF INSURANCE CHARGES. (3) NET INVESTMENT RETURNS ARE CALCULATED AS THE HYPOTHETICAL GROSS INVESTMENT RETURN LESS ALL CHARGES AND DEDUCTIONS SHOWN IN THE PROSPECTUS. (4) DEATH BENEFIT REFLECTS CURRENT INTERNAL REVENUE CODE REQUIREMENTS. (5) WHEN THE SURRENDER VALUE IS ZERO, THE DEATH BENEFIT SHOWN IS THE GUARANTEED DEATH BENEFIT UNDER KILICO'S NO LAPSE GUARANTEE. IF A CONTRACT LOAN WERE OUTSTANDING OR THE POLICY WERE ISSUED WITHOUT THE NO LAPSE GUARANTEE, WHEN THE SURRENDER VALUE IS ZERO, THE CONTRACT MIGHT LAPSE IN ACCORDANCE WITH THE GRACE PERIOD PROVISION. THE HYPOTHETICAL INVESTMENT RATES OF RETURN SHOWN ABOVE ARE ILLUSTRATIVE ONLY AND SHOULD NOT BE DEEMED A REPRESENTATION OF PAST OR FUTURE INVESTMENT RATES OF RETURN. ACTUAL RATES OF RETURN MAY BE MORE OR LESS THAN THOSE SHOWN AND WILL DEPEND ON A NUMBER OF FACTORS, INCLUDING THE INVESTMENT ALLOCATIONS MADE BY AN OWNER AND ACTUAL EXPENSES. THE DEATH BENEFIT, CASH VALUE AND SURRENDER VALUE FOR A POLICY WOULD BE DIFFERENT FROM THOSE SHOWN IF THE ACTUAL RATES OF RETURN AVERAGED 0%, 6% AND 12% OVER A PERIOD OF YEARS BUT ALSO FLUCTUATED ABOVE OR BELOW THOSE AVERAGES FOR INDIVIDUAL POLICY YEARS. NO REPRESENTATIONS CAN BE MADE BY KEMPER INVESTORS LIFE INSURANCE COMPANY THAT THESE HYPOTHETICAL RATES OF RETURN CAN BE ACHIEVED FOR ANY ONE YEAR OR SUSTAINED OVER ANY PERIOD OF TIME. SURVIVORSHIP MODIFIED SINGLE PREMIUM VARIABLE UNIVERSAL LIFE INSURANCE POLICY MALE STANDARD NON-SMOKER ISSUE AGE [45] FEMALE STANDARD NON-SMOKER ISSUE AGE [40] [$10,000] INITIAL PREMIUM $88,962 INITIAL SPECIFIED AMOUNT VALUES -- CURRENT COST OF INSURANCE
0% Hypothetical 6% Hypothetical Gross Investment Return Gross Investment Return ----------------------------------- ---------------------------------- Premium Policy Paid Plus Cash Surrender Death Cash Surrender Death Year Age Interest at 5% Value Value Benefit Value Value Benefit ------- --- -------------- ---------- --------- ---------- ---------- --------- --------- 1 41 10,500 9,738 8,832 88,962 10,328 9,369 88,962 2 42 11,025 9,453 8,594 88,962 10,637 9,673 88,962 3 43 11,576 9,176 8,382 88,962 10,956 10,014 88,962 4 44 12,155 8,905 8,234 88,962 11,285 10,453 88,962 5 45 12,763 8,642 8,067 88,962 11,626 10,893 88,962 6 46 13,401 8,381 7,899 88,962 11,975 11,343 88,962 7 47 14,071 8,124 7,729 88,962 12,332 11,800 88,962 8 48 14,775 7,869 7,556 88,962 12,697 12,266 88,962 9 49 15,513 7,616 7,312 88,962 13,070 12,638 88,962 10 50 16,289 7,362 7,332 88,962 13,449 13,419 88,962 11 51 17,103 7,167 7,137 88,962 13,912 13,882 88,962 12 52 17,959 6,977 6,947 88,962 14,392 14,362 88,962 13 53 18,856 6,790 6,760 88,962 14,889 14,859 88,962 14 54 19,799 6,608 6,578 88,962 15,405 15,375 88,962 15 55 20,789 6,430 6,400 88,962 15,940 15,910 88,962 16 56 21,829 6,256 6,226 88,962 16,495 16,465 88,962 17 57 22,920 6,086 6,056 88,962 17,070 17,040 88,962 18 58 24,066 5,920 5,890 88,962 17,666 17,636 88,962 19 59 25,270 5,757 5,727 88,962 18,284 18,254 88,962 20 60 26,533 5,599 5,569 88,962 18,925 18,895 88,962 25 65 33,864 4,856 4,826 88,962 22,499 22,469 88,962 30 70 43,219 4,194 4,164 88,962 26,780 26,750 88,962 35 75 55,160 3,603 3,573 88,962 31,908 31,878 88,962 40 80 70,400 3,075 3,045 88,962 38,050 38,020 88,962 45 85 89,850 2,604 2,574 88,962 45,406 45,376 88,962
12% Hypothetical Gross Investment Return ----------------------- Policy Cash Surrender Death Year Value Value Benefit ---- ----- ----- ------- 1 10,919 9,906 88,962 2 11,890 10,882 88,962 3 12,951 11,994 88,962 4 14,111 13,279 88,962 5 15,379 14,647 88,962 6 16,761 16,129 88,962 7 18,268 17,736 88,962 8 19,911 19,480 88,962 9 21,702 21,271 88,962 10 23,654 23,624 88,962 11 25,911 25,881 88,962 12 28,384 28,354 88,962 13 31,092 31,062 88,962 14 34,059 34,029 88,962 15 37,308 37,278 88,962 16 40,869 40,839 88,962 17 44,771 44,741 88,962 18 49,050 49,020 88,962 19 53,742 53,742 88,962 20 58,926 58,926 88,962 25 93,506 93,506 112,207 30 147,987 147,987 170,186 35 234,019 234,019 245,720 40 370,113 370,113 388,619 45 585,276 585,276 614,540
ASSUMPTIONS: (1) NO ADDITIONAL PREMIUMS PAID AND NO POLICY LOANS OR PARTIAL WITHDRAWALS HAVE BEEN MADE. (2) VALUES REFLECT CURRENT COST OF INSURANCE CHARGES. (3) NET INVESTMENT RETURNS ARE CALCULATED AS THE HYPOTHETICAL GROSS INVESTMENT RETURN LESS ALL CHARGES AND DEDUCTIONS SHOWN IN THE PROSPECTUS. (4) DEATH BENEFIT REFLECTS CURRENT INTERNAL REVENUE CODE REQUIREMENTS. (5) WHEN THE SURRENDER VALUE IS ZERO, THE DEATH BENEFIT SHOWN IS THE GUARANTEED DEATH BENEFIT UNDER KILICO'S NO LAPSE GUARANTEE. IF A CONTRACT LOAN WERE OUTSTANDING OR THE POLICY WERE ISSUED WITHOUT THE NO LAPSE GUARANTEE, WHEN THE SURRENDER VALUE IS ZERO, THE CONTRACT MIGHT LAPSE IN ACCORDANCE WITH THE GRACE PERIOD PROVISIONS. THE HYPOTHETICAL INVESTMENT RATES OF RETURN SHOWN ABOVE ARE ILLUSTRATIVE ONLY AND SHOULD NOT BE DEEMED A REPRESENTATION OF PAST OR FUTURE INVESTMENT RATES OF RETURN. ACTUAL RATES OF RETURN MAY BE MORE OR LESS THAN THOSE SHOWN AND WILL DEPEND ON A NUMBER OF FACTORS, INCLUDING THE INVESTMENT ALLOCATIONS MADE BY AN OWNER AND ACTUAL EXPENSES. THE DEATH BENEFIT, CASH VALUE AND SURRENDER VALUE FOR A POLICY WOULD BE DIFFERENT FROM THOSE SHOWN IF THE ACTUAL RATES OF RETURN AVERAGED 0%, 6% AND 12% OVER A PERIOD OF YEARS BUT ALSO FLUCTUATED ABOVE OR BELOW THOSE AVERAGES FOR INDIVIDUAL POLICY YEARS. NO REPRESENTATIONS CAN BE MADE BY KEMPER INVESTORS LIFE INSURANCE COMPANY THAT THESE HYPOTHETICAL RATES OF RETURN CAN BE ACHIEVED FOR ANY ONE YEAR OR SUSTAINED OVER ANY PERIOD OF TIME. SURVIVORSHIP MODIFED SINGLE PREMIUM VARIABLE UNIVERSAL LIFE INSURANCE POLICY MALE STANDARD NON-SMOKER ISSUE AGE [45] FEMALE STANDARD NON-SMOKER ISSUE AGE [40] [$10,000] INITIAL PREMIUM $88,962 INITIAL SPECIFIED AMOUNT VALUES -- GUARANTEED COST OF INSURANCE
0% Hypothetical 6% Hypothetical Gross Investment Return Gross Investment Return --------------------------------------------- ------------------------------------------ Premium Policy Paid Plus Cash Surrender Death Cash Surrender Death Year Interest at 5% Value Value Benefit Value Value Benefit ---------- Age ---------- ---------- --------- ---------- ---------- --------- ---------- 1 41 10,500 9,738 8,862 88,962 10,329 9,399 88,962 2 42 11,025 9,454 8,624 88,932 10,637 9,704 88,932 3 43 11,576 9,176 8,412 88,902 10,956 10,044 88,902 4 44 12,155 8,906 8,265 88,872 11,286 10,484 88,872 5 45 12,763 8,642 8,098 88,842 11,627 10,925 88,842 6 46 13,401 8,383 7,930 88,812 11,976 11,374 88,812 7 47 14,071 8,126 7,760 88,782 12,334 11,832 88,782 8 48 14,775 7,871 7,587 88,752 12,699 12,298 88,752 9 49 15,513 7,617 7,412 88,722 13,072 12,771 88,722 10 50 16,289 7,364 7,364 88,692 13,451 13,451 88,692 11 51 17,103 7,142 7,142 88,662 13,902 13,902 88,662 12 52 17,959 6,917 6,917 88,632 14,362 14,362 88,632 13 53 18,856 6,684 6,684 88,602 14,829 14,829 88,602 14 54 19,799 6,443 6,443 88,572 15,302 15,302 88,572 15 55 20,789 6,191 6,191 88,542 15,780 15,780 88,542 16 56 21,829 5,925 5,925 88,512 16,259 16,259 88,512 17 57 22,920 5,642 5,642 88,482 16,738 16,738 88,482 18 58 24,066 5,339 5,339 88,452 17,213 17,213 88,452 19 59 25,270 5,012 5,012 88,422 17,680 17,680 88,422 20 60 26,533 4,655 4,655 88,392 18,136 18,136 88,392 25 65 33,864 2,141 2,141 88,242 19,975 19,975 88,242 30 70 43,219 0 0 10,000 19,873 19,873 88,092 35 75 55,160 0 0 10,000 14,493 14,493 87,942 40 80 70,400 0 0 10,000 0 0 10,000 45 85 89,850 0 0 10,000 0 0 10,000
12% Hypothetical Gross Investment Return --------------------------------------- Cash Surrender Death Value Value Benefit ---------- --------- ----------- 10,919 9,936 88,962 11,890 10,913 88,962 12,952 12,024 88,962 14,112 13,310 88,962 15,380 14,678 88,962 16,763 16,161 88,962 18,270 17,769 88,962 19,914 19,513 88,962 21,706 21,405 88,962 23,659 23,659 88,962 25,910 25,910 88,962 28,375 28,375 88,962 31,075 31,075 88,962 34,032 34,032 88,962 37,270 37,270 88,962 40,817 40,817 88,962 44,703 44,703 88,962 48,963 48,963 88,962 53,634 53,634 88,962 58,792 58,792 88,962 93,178 93,178 111,814 147,220 147,220 169,303 231,945 231,945 243,543 365,354 365,354 383,622 568,726 568,726 597,163 ASSUMPTIONS: (1) NO ADDITIONAL PREMIUMS PAID AND NO POLICY LOANS OR PARTIAL WITHDRAWALS HAVE BEEN MADE. (2) VALUES REFLECT GUARANTEED COST OF INSURANCE CHARGES. (3) NET INVESTMENT RETURNS ARE CALCULATED AS THE HYPOTHETICAL GROSS INVESTMENT RETURN LESS ALL CHARGES AND DEDUCTIONS SHOWN IN THE PROSPECTUS. (4) DEATH BENEFIT REFLECTS CURRENT INTERNAL REVENUE CODE REQUIREMENTS. (5) WHEN THE SURRENDER VALUE IS ZERO, THE DEATH BENEFIT SHOWN IS THE GUARANTEED DEATH BENEFIT UNDER KILICO'S NO LAPSE GUARANTEE. IF A CONTRACT LOAN WERE OUTSTANDING OR THE POLICY WERE ISSUED WITHOUT THE NO LAPSE GUARANTEE, WHEN THE SURRENDER VALUE IS ZERO, THE CONTRACT MIGHT LAPSE IN ACCORDANCE WITH THE GRACE PERIOD PROVISION. THE HYPOTHETICAL INVESTMENT RATES OF RETURN SHOWN ABOVE ARE ILLUSTRATIVE ONLY AND SHOULD NOT BE DEEMED A REPRESENTATION OF PAST OR FUTURE INVESTMENT RATES OF RETURN. ACTUAL RATES OF RETURN MAY BE MORE OR LESS THAN THOSE SHOWN AND WILL DEPEND ON A NUMBER OF FACTORS, INCLUDING THE INVESTMENT ALLOCATIONS MADE BY AN OWNER AND ACTUAL EXPENSES. THE DEATH BENEFIT, CASH VALUE AND SURRENDER VALUE FOR A POLICY WOULD BE DIFFERENT FROM THOSE SHOWN IF THE ACTUAL RATES OF RETURN AVERAGED 0%, 6% AND 12% OVER A PERIOD OF YEARS BUT ALSO FLUCTUATED ABOVE OR BELOW THOSE AVERAGES FOR INDIVIDUAL POLICY YEARS. NO REPRESENTATIONS CAN BE MADE BY KEMPER INVESTORS LIFE INSURANCE COMPANY THAT THESE HYPOTHETICAL RATES OF RETURN CAN BE ACHIEVED FOR ANY ONE YEAR OR SUSTAINED OVER ANY PERIOD OF TIME. INDIVIDUAL MODIFED SINGLE PREMIUM VARIABLE UNIVERSAL LIFE INSURANCE POLICY MALE STANDARD NON-SMOKER [$3,000,000] INITIAL PREMIUM ISSUE AGE [40] $16,397,376 INITIAL SPECIFIED AMOUNT VALUES -- CURRENT COST OF INSURANCE
0% Hypothetical 6% Hypothetical Policy Paid Plus Cash Surrender Death Cash Surrender Death Year Interest at 5% Value Value Benefit Value Value Benefit 1 3,150,000 2,916,415 2,653,938 16,397,376 3,093,161 2,814,777 16,397,376 2 3,307,500 2,835,159 2,586,374 16,397,376 3,189,216 2,909,362 16,397,376 3 3,472,875 2,756,167 2,526,716 16,397,376 3,288,253 3,014,506 16,397,376 4 3,646,519 2,679,376 2,486,461 16,397,376 3,390,365 3,150,365 16,397,376 5 3,828,845 2,604,724 2,440,627 16,397,376 3,495,649 3,285,649 16,397,376 6 4,020,287 2,532,153 2,395,416 16,397,376 3,604,202 3,424,202 16,397,376 7 4,221,301 2,461,603 2,350,831 16,397,376 3,716,126 3,566,126 16,397,376 8 4,432,366 2,393,019 2,306,870 16,397,376 3,831,525 3,711,525 16,397,376 9 4,653,985 2,326,346 2,263,534 16,397,376 3,950,509 3,860,509 16,397,376 10 4,886,684 2,261,530 2,261,530 16,397,376 4,073,187 4,073,187 16,397,376 11 5,131,018 2,212,866 2,212,866 16,397,376 4,227,078 4,227,078 16,397,376 12 5,387,569 2,165,248 2,165,248 16,397,376 4,386,783 4,386,783 16,397,376 13 5,656,947 2,118,656 2,118,656 16,397,376 4,552,522 4,552,522 16,397,376 14 5,939,795 2,073,066 2,073,066 16,397,376 4,724,523 4,724,523 16,397,376 15 6,236,785 2,028,457 2,028,457 16,397,376 4,903,022 4,903,022 16,397,376 16 6,548,624 1,984,808 1,984,808 16,397,376 5,088,265 5,088,265 16,397,376 17 6,876,055 1,942,098 1,942,098 16,397,376 5,280,507 5,280,507 16,397,376 18 7,219,858 1,900,308 1,900,308 16,397,376 5,480,012 5,480,012 16,397,376 19 7,580,851 1,859,416 1,859,416 16,397,376 5,687,055 5,687,055 16,397,376 20 7,959,893 1,819,405 1,819,405 16,397,376 5,901,920 5,901,920 16,397,376 25 10,159,065 1,631,898 1,631,898 16,397,376 7,104,326 7,104,326 16,397,376 30 12,965,827 1,463,715 1,463,715 16,397,376 8,551,699 8,551,699 16,397,376 35 16,548,046 1,312,865 1,312,865 16,397,376 10,293,946 10,293,946 16,397,376 40 21,119,966 1,177,561 1,177,561 16,397,376 12,391,144 12,391,144 16,397,376 45 26,955,023 1,056,202 1,056,202 16,397,376 14,915,607 14,915,607 16,397,376
12% Hypothetical Policy Cash Surrender Death Year Value Value Benefit 1 3,269,914 2,975,622 16,397,376 2 3,564,113 3,271,613 16,397,376 3 3,884,781 3,607,281 16,397,376 4 4,234,300 3,994,300 16,397,376 5 4,615,266 4,405,266 16,397,376 6 5,030,508 4,850,508 16,397,376 7 5,483,110 5,333,110 16,397,376 8 5,976,433 5,856,433 16,397,376 9 6,514,141 6,424,141 16,397,376 10 7,100,227 7,100,227 16,397,376 11 7,789,542 7,789,542 16,397,376 12 8,545,778 8,545,778 16,397,376 13 9,375,433 9,375,433 16,397,376 14 10,285,633 10,285,633 16,397,376 15 11,284,198 11,284,198 16,926,297 16 12,379,708 12,379,708 18,074,374 17 13,581,574 13,581,574 19,285,835 18 14,900,121 14,900,121 20,562,167 19 16,346,677 16,346,677 21,904,548 20 17,933,670 17,933,670 23,313,771 25 28,501,496 28,501,496 34,201,795 30 45,296,655 45,296,655 52,091,154 35 71,988,746 71,988,746 75,588,184 40 114,409,763 114,409,763 120,130,251 45 181,828,335 181,828,335 190,919,752
ASSUMPTIONS: (1) NO ADDITIONAL PREMIUMS PAID AND NO POLICY LOANS OR PARTIAL WITHDRAWALS HAVE BEEN MADE. (2) VALUES REFLECT CURRENT COST OF INSURANCE CHARGES. (3) NET INVESTMENT RETURNS ARE CALCULATED AS THE HYPOTHETICAL GROSS INVESTMENT RETURN LESS ALL CHARGES AND DEDUCTIONS SHOWN IN THE PROSPECTUS. (4) DEATH BENEFIT REFLECTS CURRENT INTERNAL REVENUE CODE REQUIREMENTS. (5) WHEN THE SURRENDER VALUE IS ZERO, THE DEATH BENEFIT SHOWN IS THE GUARANTEED DEATH BENEFIT UNDER KILICO'S NO LAPSE GUARANTEE. IF A CONTRACT LOAN WERE OUTSTANDING OR THE POLICY WERE ISSUED WITHOUT THE NO LAPSE GUARANTEE, WHEN THE SURRENDER VALUE IS ZERO, THE CONTRACT MIGHT LAPSE IN ACCORDANCE WITH THE GRACE PERIOD PROVISION. THE HYPOTHETICAL INVESTMENT RATES OF RETURN SHOWN ABOVE ARE ILLUSTRATIVE ONLY AND SHOULD NOT BE DEEMED A REPRESENTATION OF PAST OR FUTURE INVESTMENT RATES OF RETURN. ACTUAL RATES OF RETURN MAY BE MORE OR LESS THAN THOSE SHOWN AND WILL DEPEND ON A NUMBER OF FACTORS, INCLUDING THE INVESTMENT ALLOCATIONS MADE BY AN OWNER AND ACTUAL EXPENSES. THE DEATH BENEFIT, CASH VALUE AND SURRENDER VALUE FOR A POLICY WOULD BE DIFFERENT FROM THOSE SHOWN IF THE ACTUAL RATES OF RETURN AVERAGED 0%, 6% AND 12% OVER A PERIOD OF YEARS BUT ALSO FLUCTUATED ABOVE OR BELOW THOSE AVERAGES FOR INDIVIDUAL POLICY YEARS. NO REPRESENTATIONS CAN BE MADE BY KEMPER INVESTORS LIFE INSURANCE COMPANY THAT THESE HYPOTHETICAL RATES OF RETURN CAN BE ACHIEVED FOR ANY ONE YEAR OR SUSTAINED OVER ANY PERIOD OF TIME. INDIVIDUAL MODIFED SINGLE PREMIUM VARIABLE UNIVERSAL LIFE INSURANCE POLICY MALE STANDARD NON-SMOKER [$3,000,000] INITIAL PREMIUM ISSUE AGE [40] $16,397,376 INITIAL SPECIFIED AMOUNT VALUES -- GUARANTEED COST OF INSURANCE
0% Hypothetical 6% Hypothetical Gross Investment Return Gross Investment Return Policy Paid Plus Cash Surrender Death Cash Surrender Death Year Interest at 5% Value Value Benefit Value Value Benefit 1 3,150,000 2,892,098 2,631,809 16,397,376 3,068,459 2,792,297 16,397,376 2 3,307,500 2,784,272 2,539,952 16,397,376 3,136,941 2,861,675 16,397,376 3 3,472,875 2,676,346 2,453,540 16,397,376 3,205,338 2,938,493 16,397,376 4 3,646,519 2,568,007 2,383,111 16,397,376 3,273,402 3,037,717 16,397,376 5 3,828,845 2,458,946 2,304,032 16,397,376 3,340,883 3,130,883 16,397,376 6 4,020,287 2,348,708 2,221,878 16,397,376 3,407,388 3,227,388 16,397,376 7 4,221,30 2,236,985 2,136,320 16,397,376 3,472,652 3,322,652 16,397,376 8 4,432,366 2,123,461 2,047,016 16,397,376 3,536,398 3,416,398 16,397,376 9 4,653,985 2,007,681 1,953,474 16,397,376 3,598,214 3,508,214 16,397,376 10 4,886,684 1,889,184 1,889,184 16,397,376 3,657,672 3,657,672 16,397,376 11 5,131,018 1,776,300 1,776,300 16,397,376 3,732,921 3,732,921 16,397,376 12 5,387,569 1,658,287 1,658,287 16,397,376 3,805,382 3,805,382 16,397,376 13 5,656,947 1,534,072 1,534,072 16,397,376 3,874,091 3,874,091 16,397,376 14 5,939,795 1,402,414 1,402,414 16,397,376 3,937,920 3,937,920 16,397,376 15 6,236,785 1,262,195 1,262,195 16,397,376 3,995,823 3,995,823 16,397,376 16 6,548,624 1,112,106 1,112,106 16,397,376 4,046,574 4,046,574 16,397,376 17 6,876,055 950,952 950,952 16,397,376 4,089,015 4,089,015 16,397,376 18 7,219,858 777,796 777,796 16,397,376 4,122,171 4,122,171 16,397,376 19 7,580,851 590,868 590,868 16,397,376 4,144,361 4,144,361 16,397,376 20 7,959,893 387,988 387,988 16,397,376 4,153,538 4,153,538 16,397,376 25 10,159,065 0 0 3,000,000 3,903,501 3,903,501 16,397,376 30 12,965,827 0 0 3,000,000 2,744,564 2,744,564 16,397,376 35 16,548,046 0 0 3,000,000 0 0 3,000,000 40 21,119,966 0 0 3,000,000 0 0 3,000,000 45 26,955,023 0 0 3,000,000 0 0 3,000,000
12% Hypothetical Gross Investment Return Cash Surrender Death Value Value Benefit 3,244,847 2,952,811 16,397,376 3,510,558 3,218,058 16,397,376 3,799,090 3,521,590 16,397,376 4,112,480 3,872,480 16,397,376 4,452,994 4,242,994 16,397,376 4,823,032 4,643,002 16,397,376 5,225,405 5,075,405 16,397,376 5,663,246 5,543,246 16,397,376 6,139,943 6,049,943 16,397,376 6,659,295 6,659,295 16,397,376 7,261,827 7,261,827 16,397,376 7,922,516 7,922,516 16,397,376 8,647,483 8,647,483 16,397,376 9,443,672 9,443,672 16,397,376 10,319,163 10,319,163 16,397,376 11,282,592 11,282,592 16,472,585 12,338,531 12,338,531 17,520,714 13,493,113 13,493,113 18,620,496 14,756,026 14,756,026 19,773,075 16,138,080 16,138,080 20,979,504 25,233,973 25,233,973 30,280,768 39,319,003 39,319,003 45,216,854 61,270,463 61,270,463 64,333,986 95,958,863 95,958,863 100,756,806 148,460,082 148,460,082 155,883,086 ASSUMPTIONS: (1) NO ADDITIONAL PREMIUMS PAID AND NO POLICY LOANS OR PARTIAL WITHDRAWALS HAVE BEEN MADE. (2) VALUES REFLECT GUARANTEED COST OF INSURANCE CHARGES. (3) NET INVESTMENT RETURNS ARE CALCULATED AS THE HYPOTHETICAL GROSS INVESTMENT RETURN LESS ALL CHARGES AND DEDUCTIONS SHOWN IN THE PROSPECTUS. (4) DEATH BENEFIT REFLECTS CURRENT INTERNAL REVENUE CODE REQUIREMENTS. (5) WHEN THE SURRENDER VALUE IS ZERO, THE DEATH BENEFIT SHOWN IS THE GUARANTEED DEATH BENEFIT UNDER KILICO'S NO LAPSE GUARANTEE. IF A CONTRACT LOAN WERE OUTSTANDING OR THE POLICY WERE ISSUED WITHOUT THE NO LAPSE GUARANTEE, WHEN THE SURRENDER VALUE IS ZERO, THE CONTRACT MIGHT LAPSE IN ACCORDANCE WITH THE GRACE PERIOD PROVISION. THE HYPOTHETICAL INVESTMENT RATES OF RETURN SHOWN ABOVE ARE ILLUSTRATIVE ONLY AND SHOULD NOT BE DEEMED A REPRESENTATION OF PAST OR FUTURE INVESTMENT RATES OF RETURN. ACTUAL RATES OF RETURN MAY BE MORE OR LESS THAN THOSE SHOWN AND WILL DEPEND ON A NUMBER OF FACTORS, INCLUDING THE INVESTMENT ALLOCATIONS MADE BY AN OWNER AND ACTUAL EXPENSES. THE DEATH BENEFIT, CASH VALUE AND SURRENDER VALUE FOR A POLICY WOULD BE DIFFERENT FROM THOSE SHOWN IF THE ACTUAL RATES OF RETURN AVERAGED 0%, 6% AND 12% OVER A PERIOD OF YEARS BUT ALSO FLUCTUATED ABOVE OR BELOW THOSE AVERAGES FOR INDIVIDUAL POLICY YEARS. NO REPRESENTATIONS CAN BE MADE BY KEMPER INVESTORS LIFE INSURANCE COMPANY THAT THESE HYPOTHETICAL RATES OF RETURN CAN BE ACHIEVED FOR ANY ONE YEAR OR SUSTAINED OVER ANY PERIOD OF TIME. SURVIVORSHIP MODIFED SINGLE PREMIUM VARIABLE UNIVERSAL LIFE INSURANCE POLICY MALE STANDARD NON-SMOKER ISSUE AGE [45] FEMALE STANDARD NON-SMOKER ISSUE AGE [40] [$3,000,000] INITIAL PREMIUM $26,688,450 INITIAL SPECIFIED AMOUNT VALUES -- CURRENT COST OF INSURANCE
0% Hypothetical 6% Hypothetical Gross Investment Return Gross Investment Return Policy Paid Plus Cash Surrender Death Cash Surrender Death Year Interest at 5% Value Value Benefit Value Value Benefit 1 3,150,000 2,921,381 2,658,456 26,688,450 3,098,502 2,819,637 26,688,450 2 3,307,500 2,844,753 2,595,126 26,688,450 3,200,327 2,919,498 26,688,450 3 3,472,875 2,770,066 2,539,458 26,688,450 3,305,588 3,030,398 26,688,450 4 3,646,519 2,697,270 2,503,067 26,688,450 3,414,400 3,174,400 26,688,450 5 3,828,845 2,626,250 2,460,797 26,688,450 3,526,816 3,316,816 26,688,450 6 4,020,287 2,556,145 2,418,113 26,688,450 3,642,148 3,462,148 26,688,450 7 4,221,301 2,486,742 2,374,838 26,688,450 3,760,326 3,610,326 26,688,450 8 4,432,366 2,418,667 2,331,595 26,688,450 3,881,237 3,761,237 26,688,450 9 4,653,985 2,352,456 2,267,768 26,688,450 4,004,727 3,884,727 26,688,450 10 4,886,684 2,288,058 2,288,058 26,688,450 4,131,155 4,131,155 26,688,450 11 5,131,018 2,238,823 2,238,823 26,688,450 4,287,236 4,287,236 26,688,450 12 5,387,569 2,190,647 2,190,647 26,688,450 4,449,214 4,449,214 26,688,450 13 5,656,947 2,143,508 2,143,508 26,688,450 4,617,312 4,617,312 26,688,450 14 5,939,795 2,097,383 2,097,383 26,688,450 4,791,760 4,791,760 26,688,450 15 6,236,785 2,052,251 2,052,251 26,688,450 4,972,800 4,972,800 26,688,450 16 6,548,624 2,008,090 2,008,090 26,688,450 5,160,679 5,160,679 26,688,450 17 6,876,055 1,964,879 1,964,879 26,688,450 5,355,657 5,355,657 26,688,450 18 7,219,858 1,922,598 1,922,598 26,688,450 5,558,002 5,558,002 26,688,450 19 7,580,851 1,881,227 1,881,227 26,688,450 5,767,991 5,767,991 26,688,450 20 7,959,893 1,840,746 1,840,746 26,688,450 5,985,914 5,985,914 26,688,450 25 10,159,065 1,651,039 1,651,039 26,688,450 7,205,430 7,205,430 26,688,450 30 12,965,827 1,480,883 1,480,883 26,688,450 8,673,400 8,673,400 26,688,450 35 16,548,046 1,328,264 1,328,264 26,688,450 10,440,441 10,440,441 26,688,450 40 21,119,966 1,191,373 1,191,373 26,688,450 12,567,483 12,567,483 26,688,450 45 26,955,023 1,068,590 1,068,590 26,688,450 15,127,869 15,127,869 26,688,450
12% Hypothetical Gross Investment Return ----------------------- Policy Cash Surrender Death Year Value Value Benefit ---- ----- ----- ------- 1 3,275,631 2,980,825 26,688,450 2 3,576,844 3,284,344 26,688,450 3 3,906,013 3,628,513 26,688,450 4 4,265,733 4,025,733 26,688,450 5 4,658,771 4,448,771 26,688,450 6 5,087,435 4,907,435 26,688,450 7 5,554,894 5,404,894 26,688,450 8 6,064,592 5,944,592 26,688,450 9 6,620,270 6,500,270 26,688,450 10 7,226,003 7,226,003 26,688,450 11 7,927,529 7,927,529 26,688,450 12 8,697,161 8,697,161 26,688,450 13 9,541,512 9,541,512 26,688,450 14 10,467,835 10,467,835 26,688,450 15 11,484,089 11,484,089 26,688,450 16 12,599,005 12,599,005 26,688,450 17 13,822,160 13,822,160 26,688,450 18 15,164,064 15,164,064 26,688,450 19 16,636,244 16,636,244 26,688,450 20 18,251,349 18,251,349 26,688,450 25 29,006,371 29,006,371 34,807,645 30 46,099,033 46,099,033 53,013,888 35 73,263,933 73,263,933 76,927,130 40 116,436,367 116,436,367 122,258,186 45 185,049,137 185,049,137 194,301,594
ASSUMPTIONS: (1) NO ADDITIONAL PREMIUMS PAID AND NO POLICY LOANS OR PARTIAL WITHDRAWALS HAVE BEEN MADE. (2) VALUES REFLECT GUARANTEED COST OF INSURANCE CHARGES. (3) NET INVESTMENT RETURNS ARE CALCULATED AS THE HYPOTHETICAL GROSS INVESTMENT RETURN LESS ALL CHARGES AND DEDUCTIONS SHOWN IN THE PROSPECTUS. (4) DEATH BENEFIT REFLECTS CURRENT INTERNAL REVENUE CODE REQUIREMENTS. (5) WHEN THE SURRENDER VALUE IS ZERO, THE DEATH BENEFIT SHOWN IS THE GUARANTEED DEATH BENEFIT UNDER KILICO'S NO LAPSE GUARANTEE. IF A CONTRACT LOAN WERE OUTSTANDING OR THE POLICY WERE ISSUED WITHOUT THE NO LAPSE GUARANTEE, WHEN THE SURRENDER VALUE IS ZERO, THE CONTRACT MIGHT LAPSE IN ACCORDANCE WITH THE GRACE PERIOD PROVISION. THE HYPOTHETICAL INVESTMENT RATES OF RETURN SHOWN ABOVE ARE ILLUSTRATIVE ONLY AND SHOULD NOT BE DEEMED A REPRESENTATION OF PAST OR FUTURE INVESTMENT RATES OF RETURN. ACTUAL RATES OF RETURN MAY BE MORE OR LESS THAN THOSE SHOWN AND WILL DEPEND ON A NUMBER OF FACTORS, INCLUDING THE INVESTMENT ALLOCATIONS MADE BY AN OWNER AND ACTUAL EXPENSES. THE DEATH BENEFIT, CASH VALUE AND SURRENDER VALUE FOR A POLICY WOULD BE DIFFERENT FROM THOSE SHOWN IF THE ACTUAL RATES OF RETURN AVERAGED 0%, 6% AND 12% OVER A PERIOD OF YEARS BUT ALSO FLUCTUATED ABOVE OR BELOW THOSE AVERAGES FOR INDIVIDUAL POLICY YEARS. NO REPRESENTATIONS CAN BE MADE BY KEMPER INVESTORS LIFE INSURANCE COMPANY THAT THESE HYPOTHETICAL RATES OF RETURN CAN BE ACHIEVED FOR ANY ONE YEAR OR SUSTAINED OVER ANY PERIOD OF TIME. SURVIVORSHIP MODIFED SINGLE PREMIUM VARIABLE UNIVERSAL LIFE INSURANCE POLICY MALE STANDARD NON-SMOKER ISSUE AGE [45] FEMALE STANDARD NON-SMOKER ISSUE AGE [40] [$3,000,000] INITIAL PREMIUM $26,688,450 INITIAL SPECIFIED AMOUNT VALUES -- GUARANTEED COST OF INSURANCE
0% Hypothetical 6% Hypothetical Policy Paid Plus Cash Surrender Death Cash Surrender Death Year Interest at 5% Value Value Benefit Value Value Benefit 1 3,150,000 2,921,381 2,658,456 26,688,450 3,098,502 2,819,637 26,688,450 2 3,307,500 2,844,753 2,595,126 26,688,450 3,200,327 2,919,498 26,688,450 3 3,472,875 2,770,066 2,539,458 26,688,450 3,305,588 3,030,398 26,688,450 4 3,646,519 2,697,270 2,503,067 26,688,450 3,414,400 3,174,400 26,688,450 5 3,828,845 2,626,251 2,460,797 26,688,450 3,526,816 3,316,816 26,688,450 6 4,020,287 2,556,145 2,418,113 26,688,450 3,642,149 3,462,149 26,688,450 7 4,221,301 2,486,742 2,374,839 26,688,450 3,760,326 3,610,326 26,688,450 8 4,432,366 2,417,794 2,330,753 26,688,450 3,881,238 3,761,238 26,688,450 9 4,653,985 2,349,012 2,285,588 26,688,450 4,004,727 3,914,727 26,688,450 10 4,886,684 2,280,058 2,280,058 26,688,450 4,130,589 4,130,589 26,688,450 11 5,131,018 2,221,651 2,221,651 26,688,450 4,279,937 4,279,937 26,688,450 12 5,387,569 2,161,647 2,161,647 26,688,450 4,432,551 4,432,551 26,688,450 13 5,656,947 2,099,526 2,099,526 26,688,450 4,588,091 4,588,091 26,688,450 14 5,939,795 2,034,653 2,034,653 26,688,450 4,746,107 4,746,107 26,688,450 15 6,236,785 1,966,334 1,966,334 26,688,450 4,906,085 4,906,085 26,688,450 16 6,548,624 1,893,728 1,893,728 26,688,450 5,067,368 5,067,368 26,688,450 17 6,876,055 1,815,949 1,815,949 26,688,450 5,229,246 5,229,246 26,688,450 18 7,219,858 1,731,940 1,731,940 26,688,450 5,390,844 5,390,844 26,688,450 19 7,580,851 1,640,493 1,640,493 26,688,450 5,551,138 5,551,138 26,688,450 20 7,959,893 1,540,072 1,540,072 26,688,450 5,708,801 5,708,801 26,688,450 25 10,159,065 819,223 819,223 26,688,450 6,383,330 6,383,330 26,688,450 30 12,965,827 0 0 3,000,000 6,522,299 6,522,299 26,688,450 35 16,548,046 0 0 3,000,000 5,174,920 5,174,920 26,688,450 40 21,119,966 0 0 3,000,000 0 0 3,000,000 45 26,955,023 0 0 3,000,000 0 0 3,000,000
12% Hypothetical Cash Surrender Death Value Value Benefit 3,275,631 2,980,825 26,688,450 3,576,844 3,284,344 26,688,450 3,906,013 3,628,513 26,688,450 4,265,733 4,025,733 26,688,450 4,658,771 4,448,771 26,688,450 5,087,435 4,907,435 26,688,450 5,554,895 5,404,895 26,688,450 6,064,592 5,944,592 26,688,450 6,620,270 6,530,270 26,688,450 7,226,004 7,226,004 26,688,450 7,925,806 7,925,806 26,688,450 8,692,467 8,692,467 26,688,450 9,532,368 9,532,368 26,688,450 10,452,520 10,452,520 26,688,450 11,460,703 11,460,703 26,688,450 12,565,516 12,565,516 26,688,450 13,776,571 13,776,571 26,688,450 15,104,580 15,104,580 26,688,450 16,561,547 16,561,547 26,688,450 18,160,928 18,160,928 26,688,450 28,824,663 28,824,663 34,589,596 45,597,512 45,597,512 52,437,139 71,926,043 71,926,043 75,522,346 113,433,031 113,433,031 119,104,683 176,788,689 176,788,689 185,628,123 ASSUMPTIONS: (1) NO ADDITIONAL PREMIUMS PAID AND NO POLICY LOANS OR PARTIAL WITHDRAWALS HAVE BEEN MADE. (2) VALUES REFLECT GUARANTEED COST OF INSURANCE CHARGES. (3) NET INVESTMENT RETURNS ARE CALCULATED AS THE HYPOTHETICAL GROSS INVESTMENT RETURN LESS ALL CHARGES AND DEDUCTIONS SHOWN IN THE PROSPECTUS. (4) DEATH BENEFIT REFLECTS CURRENT INTERNAL REVENUE CODE REQUIREMENTS. (5) WHEN THE SURRENDER VALUE IS ZERO, THE DEATH BENEFIT SHOWN IS THE GUARANTEED DEATH BENEFIT UNDER KILICO'S NO LAPSE GUARANTEE. IF A CONTRACT LOAN WERE OUTSTANDING OR THE POLICY WERE ISSUED WITHOUT THE NO LAPSE GUARANTEE, WHEN THE SURRENDER VALUE IS ZERO, THE CONTRACT MIGHT LAPSE IN ACCORDANCE WITH THE GRACE PERIOD PROVISION. THE HYPOTHETICAL INVESTMENT RATES OF RETURN SHOWN ABOVE ARE ILLUSTRATIVE ONLY AND SHOULD NOT BE DEEMED A REPRESENTATION OF PAST OR FUTURE INVESTMENT RATES OF RETURN. ACTUAL RATES OF RETURN MAY BE MORE OR LESS THAN THOSE SHOWN AND WILL DEPEND ON A NUMBER OF FACTORS, INCLUDING THE INVESTMENT ALLOCATIONS MADE BY AN OWNER AND ACTUAL EXPENSES. THE DEATH BENEFIT, CASH VALUE AND SURRENDER VALUE FOR A POLICY WOULD BE DIFFERENT FROM THOSE SHOWN IF THE ACTUAL RATES OF RETURN AVERAGED 0%, 6% AND 12% OVER A PERIOD OF YEARS BUT ALSO FLUCTUATED ABOVE OR BELOW THOSE AVERAGES FOR INDIVIDUAL POLICY YEARS. NO REPRESENTATIONS CAN BE MADE BY KEMPER INVESTORS LIFE INSURANCE COMPANY THAT THESE HYPOTHETICAL RATES OF RETURN CAN BE ACHIEVED FOR ANY ONE YEAR OR SUSTAINED OVER ANY PERIOD OF TIME.