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%
Retained Capital Analysis: Non - Financed Policy:
Financed Policy:
Summary of Retained Capital:
Year
Annual Outlay
Net Death Benefit
IRR of DB
Annual Net Outlay
Annual Ret Capital
Total Ret Capital
Net Death Benefit
IRR of DB
1
$67,514
$10,000,000
14711.74%
$16,684
$50,830
$53,880
$10,068,016
60245.34%
2
$67,514
$10,000,000
1068.38%
$27,090
$40,424
$99,962
$10,051,896
Assumed ROR:
6.00%
2275.40%
Year
Total Retained Capital $165,144
3
$67,514
$10,000,000
392.03%
$40,635
$26,879
$134,451
$10,069,116
685.60%
5
4
$67,514
$10,000,000
218.33%
$54,180
$13,334
$156,653
$10,122,361
347.03%
10
$36,925
5
$67,514
$10,000,000
145.17%
$68,370
-$856
$165,144
$10,214,534
217.48%
15
$176,947
6
$67,514
$10,000,000
106.38%
$83,850
-$16,336
$157,737
$10,348,770
152.81%
20
$640,213
7
$67,514
$10,000,000
82.72%
$99,330
-$31,816
$133,476
$10,528,458
114.99%
25
$1,260,167
8
$67,514
$10,000,000
66.96%
$102,039
-$34,525
$104,888
$10,759,791
90.68%
30
$2,089,806
9
$67,514
$10,000,000
55.75%
$103,845
-$36,331
$72,671
$11,009,760
73.86%
35
$3,200,049
10
$67,514
$10,000,000
47.46%
$105,350
-$37,836
$36,925
$11,279,864
61.73%
40
$4,685,805
11
$67,514
$10,000,000
41.09%
$105,350
-$37,836
-$966
$11,571,727
52.63%
45
$6,674,082 $9,334,844 $12,895,545
12
$67,514
$10,000,000
36.05%
$106,855
-$39,341
-$42,725
$11,887,101
45.62%
50
13
$67,514
$10,000,000
31.97%
$0
$67,514
$26,276
$11,736,601
39.64%
55
14
$67,514
$10,000,000
28.62%
$0
$67,514
$99,417
$11,578,576
34.86%
15
$67,514
$10,000,000
25.82%
$0
$67,514
$176,947
$11,412,650
30.97%
16
$67,514
$10,000,000
23.45%
$0
$67,514
$259,129
$11,238,427
27.76%
17
$67,514
$10,000,000
21.42%
$0
$67,514
$346,242
$11,055,493
25.06%
18
$67,514
$10,000,000
19.66%
$0
$67,514
$438,581
$10,863,413
22.78%
19
$67,514
$10,000,000
18.13%
$0
$67,514
$536,461
$10,661,729
20.82%
20
$67,514
$10,000,000
16.78%
$0
$67,514
$640,213
$9,928,783
19.18%
21
$67,514
$10,000,000
15.59%
$0
$67,514
$750,191
$9,159,190
17.79%
22
$67,514
$10,000,000
14.53%
$0
$67,514
$866,767
$8,351,118
16.61%
23
$67,514
$10,000,000
13.57%
$0
$67,514
$990,338
$7,502,642
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%
Retained Capital Analysis: Non - Financed Policy:
Financed Policy:
Summary of Retained Capital:
Year
Annual Outlay
Net Death Benefit
IRR of DB
Annual Net Outlay
Annual Ret Capital
Total Ret Capital
Net Death Benefit
IRR of DB
24
$67,514
$10,000,000
12.72%
$0
$67,514
$1,121,323
$6,611,742
14.70%
25
$67,514
$10,000,000
11.94%
$0
$67,514
$1,260,167
$5,676,297
Assumed ROR:
6.00%
13.93%
Year
Total Retained Capital $165,144
26
$67,514
$10,000,000
11.24%
$0
$67,514
$1,407,342
$4,694,080
13.25%
5
27
$67,514
$10,000,000
10.60%
$0
$67,514
$1,563,347
$3,872,919
12.77%
10
$36,925
28
$67,514
$10,000,000
10.01%
$0
$67,514
$1,728,713
$3,601,747
12.66%
15
$176,947
29
$67,514
$10,000,000
9.47%
$0
$67,514
$1,904,001
$3,316,296
12.58%
20
$640,213
30
$67,514
$10,000,000
8.98%
$0
$67,514
$2,089,806
$3,014,547
12.51%
25
$1,260,167
31
$67,514
$10,000,000
8.52%
$0
$67,514
$2,286,759
$2,696,267
12.46%
30
$2,089,806
32
$67,514
$10,000,000
8.10%
$0
$67,514
$2,495,529
$2,735,008
12.55%
35
$3,200,049
33
$67,514
$10,000,000
7.71%
$0
$67,514
$2,716,826
$2,803,723
12.63%
40
$4,685,805
34
$67,514
$10,000,000
7.34%
$0
$67,514
$2,951,400
$2,905,724
12.70%
45
$6,674,082 $9,334,844 $12,895,545
35
$67,514
$10,000,000
7.00%
$0
$67,514
$3,200,049
$3,044,594
12.76%
50
36
$67,514
$10,000,000
6.68%
$0
$67,514
$3,463,617
$3,224,012
12.83%
55
37
$67,514
$10,000,000
6.39%
$0
$67,514
$3,742,998
$3,447,493
12.88%
38
$67,514
$10,000,000
6.11%
$0
$67,514
$4,039,143
$3,719,074
12.93%
39
$67,514
$10,000,000
5.85%
$0
$67,514
$4,353,057
$4,042,913
12.98%
40
$67,514
$10,000,000
5.60%
$0
$67,514
$4,685,805
$4,421,655
13.02%
41
$67,514
$10,000,000
5.37%
$0
$67,514
$5,038,518
$4,856,500
13.06%
42
$67,514
$10,000,000
5.15%
$0
$67,514
$5,412,394
$5,351,212
13.09%
43
$67,514
$10,000,000
4.95%
$0
$67,514
$5,808,702
$5,907,556
13.12%
44
$67,514
$10,000,000
4.75%
$0
$67,514
$6,228,789
$6,524,628
13.14%
45
$67,514
$10,000,000
4.57%
$0
$67,514
$6,674,082
$7,201,328
13.16%
46
$67,514
$10,000,000
4.39%
$0
$67,514
$7,146,091
$7,934,245
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%
Retained Capital Analysis: Non - Financed Policy:
Financed Policy:
Summary of Retained Capital:
Year
Annual Outlay
Net Death Benefit
IRR of DB
Annual Net Outlay
Annual Ret Capital
Total Ret Capital
Net Death Benefit
IRR of DB
47
$67,514
$10,000,000
4.23%
$0
$67,514
$7,646,422
$8,254,190
13.17%
48
$67,514
$10,000,000
4.07%
$0
$67,514
$8,176,772
$8,650,035
Assumed ROR:
6.00%
13.16%
Year
Total Retained Capital $165,144
49
$67,514
$10,000,000
3.92%
$0
$67,514
$8,738,943
$9,154,823
13.16%
5
50
$67,514
$10,000,000
3.78%
$0
$67,514
$9,334,844
$9,811,946
13.16%
10
$36,925
51
$67,514
$10,000,000
3.64%
$0
$67,514
$9,966,500
$10,674,009
13.16%
15
$176,947
52
$67,514
$10,000,000
3.51%
$0
$67,514
$10,636,055
$12,387,849
13.18%
20
$640,213
53
$67,514
$10,000,000
3.39%
$0
$67,514
$11,345,783
$14,320,786
13.20%
25
$1,260,167
54
$67,514
$10,000,000
3.27%
$0
$67,514
$12,098,095
$16,494,522
13.21%
30
$2,089,806
55
$67,514
$10,000,000
3.16%
$0
$67,514
$12,895,545
$18,932,707
13.22%
35
$3,200,049
40
$4,685,805
45
$6,674,082
50
$9,334,844
55
$12,895,545
Totals
$3,713,270
$10,000,000
3.16%
$913,578
$2,799,692
$12,895,545
$18,932,707
13.22%
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 Non -Financed VS. Financed: Retained Capital at Age 100
Non - Financed Policy
Financed Policy $20,000,000
$10,000,000 $10,000,000
$18,000,000
$9,000,000
$16,000,000
$8,000,000
$14,000,000
$7,000,000
$12,000,000
$18,932,707
$18,932,707
$12,895,545
$6,000,000 $5,000,000
Costs
Cash Value Retained Capital
$3,000,000
$1,000,000
Costs
Death Benefit $3,713,270
$4,000,000
$2,000,000
$10,000,000
Death Benefit $8,000,000
Retained Capital
$6,000,000 $4,000,000
$397,442
Cash Value
$913,578
$2,000,000
$0
$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.