Joshi, Sarika

Guardian Life Insurance Illustration

Supplemental - Enhanced Accelerated Benefit Rider (Enhanced ABR) (Based on Tabular Detail Values and Full Payment of Premiums)

Total Lien Limit Based on Guaranteed Assumptions Qualifying Event

Total Lien Limit Based on Current Assumptions Qualifying Event

Annual Lien

Annual Lien

Qualifying Event

Limit Assuming Limit Assuming

Terminal Illness #

Chronic Illness #

Terminal Illness #*

Chronic Illness #*

at beginning of YEAR 0% Inflation**

3% Inflation**

5

135,050

152,000

981,380

290,488

991,537

295,853

10

135,050

176,210

1,172,080

425,995

1,244,315

463,504

20

135,050

236,811

1,448,679

707,460

1,854,982

944,343

Annual Lien

Annual Lien

Qualifying Event beginning at AGE

Limit Assuming Limit Assuming

Terminal Illness #

Chronic Illness #

Terminal Illness #*

Chronic Illness #*

0% Inflation**

3% Inflation**

55

135,050

223,217

1,402,386

649,511

1,720,838

829,965

65

135,050

299,985

1,442,738

841,384

2,264,337

1,381,052

75

135,050

403,155

1,416,271

1,224,894

2,921,662

2,563,290

85

135,050

541,806

1,398,192

1,398,192

3,885,911

3,885,911

This report is intended to demonstrate the Total Lien Limit payable under this rider, based on the illustrated values shown on the Tabular Detail report. This report assumes that the Enhanced ABR is initially exercised at each of the illustrated summary years/ages shown on this report. Once the rider is actually exercised using the chronic illness trigger, the percentage factor applied to the net amount at risk in calculating the Total Lien Limit is permanently established for all future durations until the insured becomes terminally ill or the policy is terminated. Therefore, the insured's actual Total Lien Limit may be less than the values shown in the report. Values shown assume current charges and do not guarantee the actual benefits which may be payable on future claims. THE VALUES ILLUSTRATED ARE BASED ON THE ASSUMPTION THAT THE NON-GUARANTEED ELEMENTS, INCLUDING DIVIDENDS, WILL CONTINUE UNCHANGED FOR ALLYEARS SHOWN. THIS IS NOT LIKELY TO OCCUR AND THE ACTUAL RESULTS MAY BE MORE OR LESS FAVORABLE THAN THOSE SHOWN. THE ASSUMPTIONS ONWHICH NON-GUARANTEED ELEMENTS ARE BASED ARE SUBJECT TO CHANGE BY THE COMPANY. THIS REPORT IS BASED ON THE 2019 DIVIDEND SCALE. **The Annual Lien Limit is the maximum amount the owner may receive in a single calendar year when accelerated benefits are paid as a result of a chronic illness. The Annual Lien limit is based on the Per Diem limit declared each year by the Internal Revenue Service, but is reduced proportionally for policies with face amounts under $250,000. This limit is prorated in the first year in which accelerated benefits are paid for the portion of the calendar year in which the insured is eligible for benefits. Any chronic illness accelerated benefit amounts received, from this and/or other policies, above the IRS annual limit may be taxable. Regardless of the limit set by the IRS, the actual lien cannot exceed the policy's Total Lien Limit. The acceleration of benefits from the policy will result in a policy lien, which will reduce dividends, cash surrender value and death benefit that may otherwise be available from the contract. The lien will result in lien carrying charges in the current year and all subsequent years that liens are outstanding, which will further reduce the available policy benefits that may be drawn upon.

August 28, 2019 ID:3204

Version: 2.24.1

Page: 19 of 19