0000947703-16-000877.txt : 20161117 0000947703-16-000877.hdr.sgml : 20161117 20161117122052 ACCESSION NUMBER: 0000947703-16-000877 CONFORMED SUBMISSION TYPE: 424B3 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20161117 DATE AS OF CHANGE: 20161117 FILER: COMPANY DATA: COMPANY CONFORMED NAME: LINCOLN BENEFIT LIFE CO CENTRAL INDEX KEY: 0000910739 STANDARD INDUSTRIAL CLASSIFICATION: LIFE INSURANCE [6311] IRS NUMBER: 470766853 STATE OF INCORPORATION: NE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 424B3 SEC ACT: 1933 Act SEC FILE NUMBER: 333-203371 FILM NUMBER: 162004390 BUSINESS ADDRESS: STREET 1: P O BOX 80469 STREET 2: 2940 SOUTH 84TH ST CITY: LINCOLN STATE: NE ZIP: 68501 BUSINESS PHONE: 4024794061 MAIL ADDRESS: STREET 1: PO BOX 80469 STREET 2: 206 S 13TH STREET CITY: LINCOLN STATE: NE ZIP: 68501 424B3 1 expenseexamp.htm expenseexamp.htm

LINCOLN BENEFIT LIFE COMPANY

Supplement dated November 17, 2016, to the
Prospectus dated April 29, 2016 for
Consultant I Variable Annuity

This supplement amends certain disclosure contained in the prospectus for your Variable Annuity contract issued by Lincoln Benefit Life Company.

The following replaces Example 1 and Example 2 in the “Fee Tables” section of your prospectus.

Example 1
 
This Example is intended to help you compare the cost of investing in the Contract with the cost of investing in other variable annuity contracts. These costs include Contract owner transaction expenses, Contract fees, Separate Account annual expenses, and Portfolio fees and expenses and assumes no transfers or exchanges were made. The Example shows the dollar amount of expenses that you would bear directly or indirectly if you:
 
Invested $10,000 in the Contract for the time periods indicated,
 
earned a 5% annual return on your investment,
 
surrendered your Contract, or you began receiving income payments for a specified period of less than 120 months, at the end of each time period, and,
 
elected the Enhanced Death and Income Benefit Riders II (with total Separate Account expenses of 1.80%).
 
The first line of the example assumes that the maximum fees and expenses of any of the Portfolios are charged. The second line of the example assumes that the minimum fees and expenses of any of the Portfolios are charged. Your actual expenses may be higher or lower than those shown below.
 
The example does not include any taxes or tax penalties you may be required to pay if you surrender your Contract.
 
         
 
1 Year
3 Years
5 Years
10 Years
Costs Based on Maximum Annual Portfolio Expenses
$941
$1,564
$2,210
$3,723
Costs Based on Minimum Annual Portfolio Expenses
$821
$1,205
$1,614
$2,542
 
Example 2
 
This Example uses the same assumptions as Example 1 above, except that it assumes you decided not to surrender your Contract, or you began receiving income payments for a specified period of at least 120 months, at the end of each time period.
 
         
 
1 Year
3 Years
5 Years
10 Years
Costs Based on Maximum Annual Portfolio Expenses
$346
$1,054
$1,785
$3,723
Costs Based on Minimum Annual Portfolio Expenses
$226
$695
$1,189
$2,542
 
Explanation of Expense Examples
 
Please remember that you are looking at examples and not a representation of past or future expenses. Your rate of return may be higher or lower than 5%, which is not guaranteed. The examples do not assume that any Portfolio expense waivers or reimbursement arrangements are in effect for the periods presented. Examples 1 and 2 assume the election of the Enhanced Death and Income Benefit Riders II (total Separate Account expenses of 1.80%). If these riders were not elected, the expense figures shown would be slightly lower. The Examples reflect the Free Withdrawal amounts, if any, and an annual Contract maintenance charge of $35.
If you have any questions, please contact your financial professional or our Variable Annuities Service Center at (800) 457-7617.  Our representatives are available to assist you Monday through Friday between 7:30 a.m. and 5:00 p.m. Central time.

Please keep this supplement together with your prospectus for future reference.  No other action is required of you.

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