Insureds Name(s): Insureds Ages: Gender / Class: Gender / Class:
VC 45 Sample 45
Insurance Carrier: Policy Name: Policy Type: Illustrated Rate:
Male, PPNT
Valued Carrier TBD IUL 6.50%
Net Death Benefit Comparison Analysis: Non - Financed Policy:
Financed Policy:
Year
Annual Outlay
Total Net Outlay
Net Death Benefit
IRR of Death Benefit
Year
Annual Net Outlay
Total Net Outlay
Net Death Benefit
IRR of Death Benefit
1
$67,514
$67,514
$10,000,000
14711.74%
1
$16,684
$16,684
$10,068,016
60245.34%
2
$67,514
$135,028
$10,000,000
1068.38%
2
$27,090
$43,774
$10,051,896
2275.40%
3
$67,514
$202,542
$10,000,000
392.03%
3
$40,635
$84,409
$10,069,116
685.60%
4
$67,514
$270,056
$10,000,000
218.33%
4
$54,180
$138,589
$10,122,361
347.03%
5
$67,514
$337,570
$10,000,000
145.17%
5
$68,370
$206,959
$10,214,534
217.48%
6
$67,514
$405,084
$10,000,000
106.38%
6
$83,850
$290,809
$10,348,770
152.81%
7
$67,514
$472,598
$10,000,000
82.72%
7
$99,330
$390,139
$10,528,458
114.99%
8
$67,514
$540,112
$10,000,000
66.96%
8
$102,039
$492,178
$10,759,791
90.68%
9
$67,514
$607,626
$10,000,000
55.75%
9
$103,845
$596,023
$11,009,760
73.86%
10
$67,514
$675,140
$10,000,000
47.46%
10
$105,350
$701,373
$11,279,864
61.73%
11
$67,514
$742,654
$10,000,000
41.09%
11
$105,350
$806,723
$11,571,727
52.63%
12
$67,514
$810,168
$10,000,000
36.05%
12
$106,855
$913,578
$11,887,101
45.62%
13
$67,514
$877,682
$10,000,000
31.97%
13
$0
$913,578
$11,736,601
39.64%
14
$67,514
$945,196
$10,000,000
28.62%
14
$0
$913,578
$11,578,576
34.86%
15
$67,514
$1,012,710
$10,000,000
25.82%
15
$0
$913,578
$11,412,650
30.97%
16
$67,514
$1,080,224
$10,000,000
23.45%
16
$0
$913,578
$11,238,427
27.76%
17
$67,514
$1,147,738
$10,000,000
21.42%
17
$0
$913,578
$11,055,493
25.06%
18
$67,514
$1,215,252
$10,000,000
19.66%
18
$0
$913,578
$10,863,413
22.78%
19
$67,514
$1,282,766
$10,000,000
18.13%
19
$0
$913,578
$10,661,729
20.82%
20
$67,514
$1,350,280
$10,000,000
16.78%
20
$0
$913,578
$10,449,960
19.13%
21
$67,514
$1,417,794
$10,000,000
15.59%
21
$0
$913,578
$10,227,603
17.64%
22
$67,514
$1,485,308
$10,000,000
14.53%
22
$0
$913,578
$9,994,128
16.33%
23
$67,514
$1,552,822
$10,000,000
13.57%
23
$0
$913,578
$9,748,979
15.16%
Insureds Name(s): Insureds Ages: Gender / Class: Gender / Class:
VC 45 Sample 45
Insurance Carrier: Policy Name: Policy Type: Illustrated Rate:
Male, PPNT
Valued Carrier TBD IUL 6.50%
Net Death Benefit Comparison Analysis: Non - Financed Policy:
Financed Policy:
Year
Annual Outlay
Total Net Outlay
Net Death Benefit
IRR of Death Benefit
Year
Annual Net Outlay
Total Net Outlay
Net Death Benefit
IRR of Death Benefit
24
$67,514
$1,620,336
$10,000,000
12.72%
24
$0
$913,578
$9,491,573
14.12%
25
$67,514
$1,687,850
$10,000,000
11.94%
25
$0
$913,578
$9,221,297
13.17%
26
$67,514
$1,755,364
$10,000,000
11.24%
26
$0
$913,578
$8,937,507
12.30%
27
$67,514
$1,822,878
$10,000,000
10.60%
27
$0
$913,578
$9,054,856
11.76%
28
$67,514
$1,890,392
$10,000,000
10.01%
28
$0
$913,578
$9,612,397
11.50%
29
$67,514
$1,957,906
$10,000,000
9.47%
29
$0
$913,578
$10,201,299
11.26%
30
$67,514
$2,025,420
$10,000,000
8.98%
30
$0
$913,578
$10,823,647
11.04%
31
$67,514
$2,092,934
$10,000,000
8.52%
31
$0
$913,578
$11,481,850
10.84%
32
$67,514
$2,160,448
$10,000,000
8.10%
32
$0
$913,578
$12,563,434
10.78%
33
$67,514
$2,227,962
$10,000,000
7.71%
33
$0
$913,578
$13,737,470
10.73%
34
$67,514
$2,295,476
$10,000,000
7.34%
34
$0
$913,578
$15,011,184
10.68%
35
$67,514
$2,362,990
$10,000,000
7.00%
35
$0
$913,578
$16,392,333
10.63%
36
$67,514
$2,430,504
$10,000,000
6.68%
36
$0
$913,578
$17,889,022
10.58%
37
$67,514
$2,498,018
$10,000,000
6.39%
37
$0
$913,578
$19,509,456
10.53%
38
$67,514
$2,565,532
$10,000,000
6.11%
38
$0
$913,578
$21,262,668
10.48%
39
$67,514
$2,633,046
$10,000,000
5.85%
39
$0
$913,578
$23,158,111
10.43%
40
$67,514
$2,700,560
$10,000,000
5.60%
40
$0
$913,578
$25,203,952
10.38%
41
$67,514
$2,768,074
$10,000,000
5.37%
41
$0
$913,578
$27,407,130
10.33%
42
$67,514
$2,835,588
$10,000,000
5.15%
42
$0
$913,578
$29,777,617
10.29%
43
$67,514
$2,903,102
$10,000,000
4.95%
43
$0
$913,578
$32,323,598
10.24%
44
$67,514
$2,970,616
$10,000,000
4.75%
44
$0
$913,578
$35,050,728
10.19%
45
$67,514
$3,038,130
$10,000,000
4.57%
45
$0
$913,578
$37,964,774
10.14%
46
$67,514
$3,105,644
$10,000,000
4.39%
46
$0
$913,578
$41,069,336
10.09%
Insureds Name(s): Insureds Ages: Gender / Class: Gender / Class:
VC 45 Sample 45
Insurance Carrier: Policy Name: Policy Type: Illustrated Rate:
Male, PPNT
Valued Carrier TBD IUL 6.50%
Net Death Benefit Comparison Analysis: Non - Financed Policy:
Financed Policy:
Year
Annual Outlay
Total Net Outlay
Net Death Benefit
IRR of Death Benefit
Year
Annual Net Outlay
Total Net Outlay
Net Death Benefit
IRR of Death Benefit
47
$67,514
$3,173,158
$10,000,000
4.23%
47
$0
$913,578
$43,858,744
10.01%
48
$67,514
$3,240,672
$10,000,000
4.07%
48
$0
$913,578
$46,870,936
9.94%
49
$67,514
$3,308,186
$10,000,000
3.92%
49
$0
$913,578
$50,150,391
9.87%
50
$67,514
$3,375,700
$10,000,000
3.78%
50
$0
$913,578
$53,753,820
9.80%
51
$67,514
$3,443,214
$10,000,000
3.64%
51
$0
$913,578
$57,749,103
9.75%
52
$67,514
$3,510,728
$10,000,000
3.51%
52
$0
$913,578
$62,869,240
9.73%
53
$67,514
$3,578,242
$10,000,000
3.39%
53
$0
$913,578
$68,425,240
9.71%
54
$67,514
$3,645,756
$10,000,000
3.27%
54
$0
$913,578
$74,453,386
9.69%
55
$67,514
$3,713,270
$10,000,000
3.16%
55
$0
$913,578
$80,992,939
9.67%
$3,713,270
$10,000,000
3.16%
Totals
$913,578
$80,992,939
9.67%
Totals
Hypothetical and for Illustrative purposes only. Actual results will vary. Please consult your tax and legal advisor regarding all matters of tax and legal nature.
Insureds Name(s): Insureds Ages: Gender / Class: Gender / Class:
VC 45 Sample 45
Insurance Carrier: Policy Name: Policy Type: Illustrated Rate:
Male, PPNT
Valued Carrier TBD IUL 6.50%
Cash Value Comparison Analysis: Non - Financed Policy:
Financed Policy: Cash Value IRR of Cash Net of Value Loan
Year
Annual Outlay
Total Net Outlay
Net Cash Value
IRR of Net Cash Value
Year
Annual Net Outlay
Total Net Outlay
1
$67,514
$67,514
$0
14711.74%
1
$16,684
$16,684
$88,983
60245.34%
2
$67,514
$135,028
$0
1068.38%
2
$27,090
$43,774
$507,010
2275.40%
3
$67,514
$202,542
$0
392.03%
3
$40,635
$84,409
$958,579
685.60%
4
$67,514
$270,056
$0
218.33%
4
$54,180
$138,589
$1,446,376
347.03%
5
$67,514
$337,570
$0
145.17%
5
$68,370
$206,959
$1,973,201
217.48%
6
$67,514
$405,084
$0
106.38%
6
$83,850
$290,809
$2,542,191
152.81%
7
$67,514
$472,598
$0
82.72%
7
$99,330
$390,139
$3,156,734
114.99%
8
$67,514
$540,112
$0
66.96%
8
$102,039
$492,178
$3,432,574
90.68%
9
$67,514
$607,626
$0
55.75%
9
$103,845
$596,023
$3,726,947
73.86%
10
$67,514
$675,140
$51,399
47.46%
10
$105,350
$701,373
$4,041,558
61.73%
11
$67,514
$742,654
$52,773
41.09%
11
$105,350
$806,723
$4,377,825
52.63%
12
$67,514
$810,168
$54,147
36.05%
12
$106,855
$913,578
$4,737,705
45.62%
13
$67,514
$877,682
$55,521
31.97%
13
$0
$913,578
$1,940,174
39.64%
14
$67,514
$945,196
$56,894
28.62%
14
$0
$913,578
$2,125,973
34.86%
15
$67,514
$1,012,710
$58,268
25.82%
15
$0
$913,578
$2,329,704
30.97%
16
$67,514
$1,080,224
$59,642
23.45%
16
$0
$913,578
$2,573,902
27.76%
17
$67,514
$1,147,738
$61,016
21.42%
17
$0
$913,578
$2,840,293
25.06%
18
$67,514
$1,215,252
$62,389
19.66%
18
$0
$913,578
$3,130,718
22.78%
19
$67,514
$1,282,766
$63,055
18.13%
19
$0
$913,578
$3,446,972
20.82%
20
$67,514
$1,350,280
$64,413
16.78%
20
-$496,359
$417,219
$3,266,785
19.18%
21
$67,514
$1,417,794
$65,772
15.59%
21
-$496,359
-$79,140
$3,087,588
17.79%
22
$67,514
$1,485,308
$67,132
14.53%
22
-$496,359
-$575,499
$2,910,884
16.61%
23
$67,514
$1,552,822
$105,275
13.57%
23
-$496,359
-$1,071,858
$2,738,423
15.59%
Insureds Name(s): Insureds Ages: Gender / Class: Gender / Class:
VC 45 Sample 45
Insurance Carrier: Policy Name: Policy Type: Illustrated Rate:
Male, PPNT
Valued Carrier TBD IUL 6.50%
Cash Value Comparison Analysis: Non - Financed Policy:
Financed Policy: Cash Value IRR of Cash Net of Value Loan
Year
Annual Outlay
Total Net Outlay
Net Cash Value
IRR of Net Cash Value
Year
Annual Net Outlay
Total Net Outlay
24
$67,514
$1,620,336
$146,469
12.72%
24
-$496,359
-$1,568,217
$2,572,173
14.70%
25
$67,514
$1,687,850
$190,715
11.94%
25
-$496,359
-$2,064,576
$2,413,788
13.93%
26
$67,514
$1,755,364
$235,338
11.24%
26
-$496,359
-$2,560,935
$2,266,380
13.25%
27
$67,514
$1,822,878
$285,121
10.60%
27
-$496,359
-$3,057,294
$2,134,914
12.77%
28
$67,514
$1,890,392
$337,921
10.01%
28
-$496,359
-$3,553,653
$2,024,189
12.66%
29
$67,514
$1,957,906
$393,739
9.47%
29
-$496,359
-$4,050,012
$1,931,569
12.58%
30
$67,514
$2,025,420
$447,430
8.98%
30
-$496,359
-$4,546,371
$1,859,042
12.51%
31
$67,514
$2,092,934
$508,579
8.52%
31
-$496,359
-$5,042,730
$1,810,647
12.46%
32
$67,514
$2,160,448
$566,128
8.10%
32
-$496,359
-$5,539,089
$1,784,863
12.55%
33
$67,514
$2,227,962
$632,471
7.71%
33
-$496,359
-$6,035,448
$1,784,494
12.63%
34
$67,514
$2,295,476
$701,763
7.34%
34
-$496,359
-$6,531,807
$1,812,533
12.70%
35
$67,514
$2,362,990
$765,003
7.00%
35
-$496,359
-$7,028,166
$1,872,231
12.76%
36
$67,514
$2,430,504
$829,443
6.68%
36
-$496,359
-$7,524,525
$1,966,918
12.83%
37
$67,514
$2,498,018
$905,764
6.39%
37
-$496,359
-$8,020,884
$2,099,761
12.88%
38
$67,514
$2,565,532
$973,238
6.11%
38
-$496,359
-$8,517,243
$2,274,414
12.93%
39
$67,514
$2,633,046
$1,041,638
5.85%
39
-$496,359
-$9,013,602
$2,494,636
12.98%
40
$67,514
$2,700,560
$1,110,862
5.60%
40
-$496,359
-$9,509,961
$2,762,736
13.02%
41
$67,514
$2,768,074
$1,147,536
5.37%
41
-$496,359
-$10,006,320
$3,079,639
13.06%
42
$67,514
$2,835,588
$1,198,085
5.15%
42
-$496,359
-$10,502,679
$3,448,695
13.09%
43
$67,514
$2,903,102
$1,232,508
4.95%
43
-$496,359
-$10,999,038
$3,871,343
13.12%
44
$67,514
$2,970,616
$1,265,194
4.75%
44
-$496,359
-$11,495,397
$4,346,468
13.14%
45
$67,514
$3,038,130
$1,296,005
4.57%
45
-$496,359
-$11,991,756
$4,872,753
13.16%
46
$67,514
$3,105,644
$1,305,880
4.39%
46
-$496,359
-$12,488,115
$5,446,669
13.17%
Insureds Name(s): Insureds Ages: Gender / Class: Gender / Class:
VC 45 Sample 45
Insurance Carrier: Policy Name: Policy Type: Illustrated Rate:
Male, PPNT
Valued Carrier TBD IUL 6.50%
Cash Value Comparison Analysis: Non - Financed Policy:
Financed Policy: Cash Value IRR of Cash Net of Value Loan
Year
Annual Outlay
Total Net Outlay
Net Cash Value
IRR of Net Cash Value
Year
Annual Net Outlay
Total Net Outlay
47
$67,514
$3,173,158
$1,291,834
4.23%
47
-$496,359
-$12,984,474
$6,127,441
13.17%
48
$67,514
$3,240,672
$1,271,594
4.07%
48
-$496,359
-$13,480,833
$6,944,271
13.16%
49
$67,514
$3,308,186
$1,223,045
3.92%
49
-$496,359
-$13,977,192
$7,937,445
13.16%
50
$67,514
$3,375,700
$1,165,719
3.78%
50
-$496,359
-$14,473,551
$9,159,360
13.16%
51
$67,514
$3,443,214
$1,064,301
3.64%
51
-$496,359
-$14,969,910
$10,674,009
13.16%
52
$67,514
$3,510,728
$919,958
3.51%
52
-$496,359
-$15,466,269
$12,387,849
13.18%
53
$67,514
$3,578,242
$700,814
3.39%
53
-$496,359
-$15,962,628
$14,320,786
13.20%
54
$67,514
$3,645,756
$397,442
3.27%
54
-$496,359
-$16,458,987
$16,494,522
13.21%
55
$67,514
$3,713,270
$0
0.00%
55
-$496,359
-$16,955,346
$18,932,707
13.22%
$3,713,270
$0
0.00%
Totals
$17,868,924
$16,955,346
$18,932,707
13.22%
Totals
Hypothetical and for Illustrative purposes only. Actual results will vary. Please consult your tax and legal advisor regarding all matters of tax and legal nature.
Insureds Name(s): Insureds Ages: Gender / Class: Gender / Class:
VC 45 Sample 45
Insurance Carrier: Policy Name: Policy Type: Illustrated Rate:
Male, PPNT
Valued Carrier TBD IUL 6.50%
Summary of Cash Value: Non -Financed VS. Financed
Non - Financed Policy - Cash Surrender Value
Financed Policy - Cash Surrender Value $20,000,000
$1,400,000 $18,000,000 $1,200,000
$1,000,000
$16,000,000
$14,000,000
$12,000,000 $800,000 $10,000,000 $600,000
$400,000
$8,000,000
$6,000,000
$4,000,000 $200,000 $2,000,000
$0
$0
Hypothetical and for Illustrative purposes only. Actual results will vary. Please consult your tax and legal advisor regarding all matters of tax and legal nature.