Whole Life with Excess Funding

This interactive Whole Life Illustration is provided for your convenienve by Advanced Income Strategies, LLC.

Whole Life 99 Life Insurance Illustration

Prepared for: Rachel Clopton

Gary H Scholnick, CLU ChFC Advanced Income Strategies LLC 6632 Telegraph Road Suite 372 Bloomfield Hills, MI 48301 248 723 1020 Fax: 248 723 1022 E-Mail: gary@adv-income.com

Home Office: The Guardian Life Insurance Company of America 7 Hanover Square New York, NY 10004 1-888-GUARDIAN (1-888-482-7342)

Illustration: 2016-22479

January 30, 2019

Version: 2.21.0

Page: 1 of 19

Guardian Life Insurance Illustration Narrative Summary Rachel Clopton, Female Age 38, Preferred Plus NT

Benefit

Premium ** $12,000.00

$1,000,000

Whole Life 99

Enhanced Accelerated Benefit Rider Paid Up Additions Rider (Scheduled) PUA Waiver of Premium ($23,410.00/year)

$23,410.00

$723.37 $400.00

Waiver of Premium

Index Participation Feature (50% initial allocation)

Total First Year Premium

$36,533.37

See schedule of Index Participation Feature allocation. Dividend Option: Paid Up Additions (D)

Plan Overview:

The following is a general description of the proposed benefits. The complete terms and conditions are shown in the policy. • Whole Life Insurance Policy, Generic Form Number: 14-L99. • A permanent life insurance policy with cash value. Qualifies for annual dividends. • Level guaranteed death benefit for the insured's lifetime. • Level guaranteed premium payable to age 99. • Dividends are used to purchase additional paid-up insurance (PUA's). PUA's purchased with dividends will increase the cash value and the death benefit. • Paid-Up Additional Whole Life Insurance Rider, Generic Form Number: 14-IPUA. • The rider generates dividends, guaranteed cash value and a guaranteed death benefit. • Premiums for this rider are allowed to age 99. • The policy owner may elect to discontinue premium payments at any time although previously purchased coverage will continue unless surrendered. • A 5% Service Fee will be deducted from each payment made under this rider prior to applying the balance of the payment to purchase paid-up additions. • Waiver of Premium Rider, Generic Form Number: 01-R2. • Premiums will be waived while the insured is totally disabled, if the disability is continuous for at least six months. Premiums will be waived for as long as the disability continues. If the disability begins before age 60 and continues to age 65, all remaining policy premiums will be waived. However, if the disability begins between ages 60 and 65, premiums will be waived to the later of 2 years from the start of the disability, or age 65. The rider terminates at age 65 unless premiums are being waived. • The premium for this rider is payable for 27 years. • The definition of total disability under the rider is based on the insured's "own occupation" for the first 5 years of disability.

Whole Life 99 (2016 Series):

Dividend Option: • Paid Up Additions (D)

Paid Up Additions Rider (PUA):

Waiver of Premium:

January 30, 2019 ID:6969

Version: 2.21.0

Page: 2 of 19

Guardian Life Insurance Illustration Narrative Summary

Enhanced EABR: • Accelerated Benefit Rider, Generic Form Number: 01-R111 (2001 CSO).

• Provides coverage by advancing a portion of the death benefit for Chronic and Terminal Illnesses, if qualifying triggers are met. • Cost of rider is in the form of lien carrying charges. • A one time fee is deducted from the first accelerated benefit paid from the policy. • The Total Lien Limit for Chronic Illness is the cash value plus a percentage (based on the insured's age at the time of the first claim) of the difference between the death benefit and the cash value. • The Total Lien Limit for Terminal Illness is the cash value plus 80% of the difference between the death benefit and the cash value. • This policy may be encumbered by a collateral assignment. If such an assignment exists at the time the Enhanced ABR is exercised, both the assignor and assignee must sign the request to accelerate the death benefit. A check will be issued jointly to both parties; alternatively, written notification may be submitted with payment instructions which is signed by both the assignee and the assignor giving the payment instructions. • Index Participation Rider, Generic Form Number: 15-IPR. • Provides the option to apply an index adjustment to the dividend payable under the policy. The adjustment is based on an external index and the cash value of paid-up additions that are allocated under this rider. • While there is no direct out-of-pocket premium for this rider, there is a rider charge that is deducted when an index period is created. The rider charge is paid through the surrender of paid-up additions; the illustration is based on the assumption that the rider charge is paid at the beginning of the year that the index period ends. See Index Participation Feature Disclosure for the current and guaranteed rider charge percentages. • The rider ends at age 100. • See Index Participation Disclosure for more details.

Index Participation Feature:

Important Notes: All whole life insurance policy guarantees are subject to the timely payment of all required premiums and the claims paying ability of the issuing insurance company.

** This illustration was run assuming a mode of Annual. All premium and other payments are deemed to be made on policy anniversaries.

This illustration is based on the following PUA Rider premiums:

Scheduled: $23,410.00

Unscheduled: $0.00

Year 1 To 8

The values associated with the Paid-Up Additions Rider are based on the assumption that payments are made exactly on the anniversary or other due date.

Figures depending on dividends are based on the 2019 dividend scale and are not guaranteed. This illustration assumes that the currently illustrated non-guaranteed elements, including dividends, will continue unchanged for all years shown. This is not likely to occur and the actual results may be more or less favorable than those shown. The assumptions on which non-guaranteed elements are based are subject to change by the Company.

The Numeric Summary report shows the values under three sets of assumptions. In each scenario, the values are based on paying the premium every year and taking no loans or other distributions.

January 30, 2019 ID:6969

Version: 2.21.0

Page: 3 of 19

Guardian Life Insurance Illustration Narrative Summary

Guaranteed:

The columns show the values assuming that no dividends are ever paid. The guaranteed cash values are based on an interest rate of 4.00% to age 100 and 0% thereafter. The premiums for any riders as well as the Index Participation Feature charge are shown at their guaranteed maximum cost. For the Index Participation Feature, the assumed index adjustment rate is zero. • The Annual Premium column shows the maximum annual premium for the base policy and any riders at the beginning of the year. • The Cash Value column shows the guaranteed cash surrender value of the base policy and any riders at the end of the year. • The Death Benefit column shows the guaranteed death benefit of the base policy and any riders at the end of the year. Non-Guaranteed - Current - Values are non-guaranteed. The columns show the values based on the 2019 dividend scale. The premiums for any riders are shown at their non-guaranteed scheduled rate. For the Index Participation Feature, the assumed index interest rate for the Numeric Summary and Tabular Detail is 8.48%. • The Net Premium column shows the amount paid (or received) at the beginning of the year based on current assumptions. • The Cash Value column shows the values at the end of the year based on current assumptions. • The Death Benefit column shows the death benefit at the end of the year based on current assumptions. Non-Guaranteed - Intermediate - The columns show the values assuming dividends at 50% of the dividends contained in the current illustrated scale. The premiums for any riders are shown at a rate half way between the non-guaranteed scheduled rate and the guaranteed maximum cost, if applicable. If positive, the index adjustment rate for the Index Participation Feature is equal to half of the index adjustment rate that was applied under the current scenario. Otherwise, the index adjustment rate is equal to the index adjustment rate that was applied under the current scenario. • The Net Premium column shows the amount paid (or received) at the beginning of the year based on intermediate assumptions. • The Cash Value column shows the values at the end of the year based on the intermediate assumptions. • The Death Benefit column shows the death benefit at the end of the year based on intermediate assumptions. The Tabular Detail report is based on the same current and guaranteed assumptions and definitions as shown on the Numeric Summary report. The Non-Guaranteed Alternate columns on the Tabular Detail use the same assumptions as the Non-Guaranteed Current scenario except that the index adjustment rate is zero.

Current:

Intermediate:

Additional Information:

The Planning Concept report is based on the 2019 dividend interest rate and current assumptions.

The Planning Concept report is based on the following information related to the Index Participation Feature (IPF):

Schedule of Hypothetical Index Returns:

Year 1 To 62

Annual Return of 8.48%

This illustration is based on the following schedule of allocation percentages related to the Index Participation Feature:

January 30, 2019 ID:6969

Version: 2.21.0

Page: 4 of 19

Guardian Life Insurance Illustration Narrative Summary

Year 1 To 52 Year 53 To 61

50% 0%

Any request to change the allocation percentage must be received by the Home Office at least 10 days prior to the Index Start Date. Per the terms of the rider, the index allocation was changed to zero percent beginning in year 53 since the loan was at least 85% of the total cash value on the index start date. The illustrated end-of-year values are based on the assumption the policyholder does not start a new index period in the months preceding a policy surrender. If a new index period is created, the surrender value is reduced by the index charge. 5% Interest Adjusted indices are shown on the Tabular Detail report. They are based on the base policy only and do not include any supplemental coverages. These indices are useful in comparing policies of similar types. A low index number represents a lower cost than a higher index number. See the Life Insurance Buyer's Guide for further information. Guardian's current Individual Life Dividend Scale meets the requirements of the National Association of Insurance Commissioners (NAIC) Life Insurance Model Regulation and is not more favorable than the lesser of, (i) the Disciplined Current Scale or (ii) the currently payable scale. The maximum illustrated index interest rate is in compliance with Actuarial Guideline 49. The end-of-year dividend amount is included in the Cash Value of All Adds column, even if a dividend option other than Paid Up Additions is elected. Interest on policy loans is payable in advance. Initially, this policy provides for a fixed loan interest rate of 6.00%. Then, the owner will have a one time ability to elect to change the loan interest rate to a variable loan interest rate. This election can only be made during the Election Period described in the policy. If the election to change to a variable loan interest rate is not exercised, the policy will continue to use the 6.00% fixed loan interest rate for 27 years at which time the fixed loan interest rate will decrease to 4.00%. If the variable loan interest rate is elected, the interest rate charged on all loan balances may change for your policy as often as annually, and as described in the policy. The maximum loan interest rate will never exceed the greater of 4.50% or the Moody's Corporate Bond Yield Average Index. Guardian may declare a rate that is less than the guaranteed maximum loan interest rate at its sole discretion. When a fixed loan interest rate is used in this policy, any dividends can be affected by policy loans. When a variable loan interest rate is used in this policy, any dividends will not be affected by policy loans. The cost of this policy over a period of years cannot be determined without taking into account the interest that would have been earned on the premiums if they had been invested rather than paid to Guardian. The face amount of paid up insurance, if shown, is the amount that can be purchased with the end-of- year Net Cash Value. This assumes that policy values have been used to repay any loan. This type of loan repayment may have income tax consequences. This policy as shown on the Planning Concept report will not become a Modified Endowment Contract (MEC). The term MEC is designated under federal tax law. If a policy becomes a MEC, surrenders, withdrawals, loans and collateral assignments will be taxed less favorably than for non- MEC. The currently declared variable loan interest rate is 4.50%. This illustration assumes that the policy's fixed loan interest rate structure is in effect for all years.

January 30, 2019 ID:6969

Version: 2.21.0

Page: 5 of 19

Guardian Life Insurance Illustration Narrative Summary

It may violate federal law to use policies whose rates vary by gender in qualified plans.

Life insurance contract death benefits are generally excludable from the income of the recipient. However, if the policy is considered "Employer Owned Life Insurance" (EOLI) under the Internal Revenue Code, the benefit may be considered taxable. Under certain circumstances, this tax treatment applies to individually owned policies as well as employer owned policies. Your agent can provide you with the form EOLINOTICE101J0809 Notice & Consent for Employer Owned Life Insurance. Contact your tax advisor for details about complying with the regulation.

Guardian, its subsidiaries, agents, and employees do not provide tax, legal, or accounting advice. Consult your tax, legal, or accounting professional regarding your individual situation.

The Planning Concept report reflects loan, withdrawal or repay loan requests.

The Planning Concept report shows the results using the current dividend scale to reduce the required number of cash premiums. The owner may have to pay premiums for a longer period or resume them at a later date. This could occur when actual future dividends are lower than those in the illustration or if the owner does not make the outlays illustrated. Since dividends can be affected by Policy Loans, any borrowing could also result in the need for additional premium payments. This illustration may include the Total Guaranteed Cash Value or Guaranteed Face Amount of Paid Up Insurance columns. If so, a positive value is shown in those columns only with certain dividend options and if the following conditions are met: there is an illustrated Paid Up Additions Rider; there are no policy loans; and the illustrated outlay is sufficient to maintain the base policy benefits and Target Additional Benefit on a guaranteed basis. Otherwise the symbol && is shown.

The tax bracket is assumed to be 28% for all years.

The product(s) presented in this illustration may not be available in your state. Any application for an unapproved product will be declined.

This illustration is only valid for use in Colorado. This illustration may not be valid if it is more than two weeks old. This illustration is complete only if all pages are attached and the producer's name, address and signature appear.

We strive to ensure the accuracy of this illustration; however, if there is a discrepancy between the illustration and the contract, the contract governs.

Guardian® is a registered trademark of The Guardian Life Insurance Company of America®. This illustration and the information contained therein is intended solely for the use of duly authorized employees and agents of The Guardian Life Insurance Company of America or any of its affiliated insurance companies ("Guardian"). This illustration and any information entered into, provided by or generated from this system is not to be altered, edited, downloaded or otherwise marked and is to be presented in its entirety in the format developed by the system. If information is being downloaded or exported using this site's capabilities, the information downloaded or exported may only be shown to a client if presented in a format that is approved through the Company's Advertising Compliance Review System (ACRS) and is presented in conjunction with a full basic illustration. Some information may be considered private information and all users should adhere to Guardian's privacy rules and protocols for proper handling. Any use of this illustration or the information contained therein in a manner contrary to the rules contained herein may be in violation of state or federal regulations and/ or Guardian policy, and appropriate action will be taken to address.

January 30, 2019 ID:6969

Version: 2.21.0

Page: 6 of 19

Guardian Life Insurance Illustration Narrative Summary

Guardian Proposal System TM ("GPS") is the exclusive property of The Guardian Life Insurance Company of America ("Guardian") and its licensors, and is only to be used for internal purposes and not to be distributed to the general public. GPS may not be copied in whole or in part without Guardian's Legal Department's prior written authorization. # ## * @ This symbol indicates values shown are Beginning-of-Year This symbol indicates values shown are End-of-Year This symbol indicates values are non-guaranteed and may be affected by dividends. This symbol indicates that a premium is payable unless the Guaranteed Annual Premium is shown as 0.

Symbol Definitions:

January 30, 2019 ID:6969

Version: 2.21.0

Page: 7 of 19

Guardian Life Insurance Illustration Index Participation Feature Disclosure

Index Participation Feature Description:

The Index Participation Feature (IPF) is a rider that provides for a dividend adjustment that is linked to the performance of an external index. Policyholders can allocate between 0% and 100% of the cash value of paid-up additions (PUA) to the IPF each year. The IPF provides an adjustment to the dividend paid under the policy. This adjustment, subject to the cap rate and floor (shown below), may be positive or negative based on the S&P 500 Price Return index~ performance. Adverse market performance can create negative dividend adjustments which may cause lower overall cash values than would otherwise have accrued had the IPF not been selected. While the adjustment provided by this rider is affected by the S&P 500 Price Return index, it does not participate in any stock or equity investment of the S&P 500 Price Return index. Because the IPF is not a security registered with the Securities and Exchange Commission, agents do not need a securities license to sell it. The dividend after the adjustment provided under this rider will never be less than zero and the base policy guaranteed cash value will not be impacted. You elect an Allocation Percentage, which is the percentage of paid-up additions that will participate in the index. At any time you can change the Allocation Percentage. An index period will be created once a year approximately 30 - 60 days prior to your policy anniversary. The allocation percentage that is in effect at that time will determine the amount of paid-up additions that will be used to calculate the index adjustment provided under this rider. The schedule of allocation percentages that this illustration is based on is shown in the Narrative Summary report.

Index: S&P 500 Price Return index, which excludes dividends Index crediting Method: Annual Point to Point Index Period: One-year

The illustration is based on the following current non-guaranteed assumptions. These elements are assumed to remain unchanged for all years shown. THIS IS NOT LIKELY TO OCCUR AND THE ACTUAL RESULTS MAY BE MORE OR LESS FAVORABLE THAN THOSE SHOWN.

Current Floor: 4.00% Current Cap: 12.50% Current Participation Rate: 100% Current Rider Charge: 2.00%

While we have the right to change the above assumptions, they are subject to the following guaranteed assumptions.

Guaranteed Minimum Floor: 4.00% Guaranteed Minimum Cap: 8.00%

Guaranteed Minimum Participation Rate: 100% Guaranteed Maximum Rider Charge: 3.00%

Policy loans and surrenders of paid-up additions may reduce the basis on which the adjustment under this rider is made. If a loan or withdrawal is made where there is reduction to the index adjustment basis (except for withdrawals to pay a policy premium due on the anniversary) any rider charge that was paid based on the original index adjustment basis will not be refunded. The illustration may adjust the Allocation Percentage when loans or withdrawals are illustrated in order to avoid a reduction in the index adjustment basis. Any such changes are detailed earlier in the Narrative Summary. The Non-Guaranteed - Current columns of the Numeric Summary and Tabular Detail reports assume, after the assessment of the rider charge, an index interest rate of 8.48% in all years. This is equivalent to an index interest rate of 6.31% assuming a rider charge of zero.

January 30, 2019 ID:6969

Version: 2.21.0

Page: 8 of 19

Guardian Life Insurance Illustration Index Participation Feature Disclosure

~ The S&P 500 Price Return Index "the Index" is a product of S&P Dow Jones Indices LLC or its affiliates ("SPDJI"), and has been licensed for use by The Guardian Life Insurance Company of America ("the Company"). Standard & Poor's® and S&P® are registered trademarks of Standard & Poor's Financial Services LLC ("S&P") and Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones"). The trademarks have been licensed to SPDJI and have been sublicensed for use for certain purposes by the Company. The Index Participation Rider (IPR) is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, any of their respective affiliates (collectively, "S&P Dow Jones Indices"). S&P Dow Jones Indices does not make any representation or warranty, express or implied, to the owners of policies that contain the IPR or any member of the public regarding the advisability of investing in securities generally or the ability of the Index to track general market performance. S&P Dow Jones Indices only relationship to the Company with respect to the Index is the licensing of the Index and certain trademarks, service marks and/or trade names of S&P Dow Jones Indices and/or its licensors. The Index is determined, composed and calculated by S&P Dow Jones Indices without regard to the Company or the IPR. S&P Dow Jones Indices has no obligation to take the needs of the Company or the owners of policies that contain the IPR into consideration in determining, composing or calculating the Index. S&P Dow Jones Indices is not responsible for and has not participated in the determination of the prices, and adjustments associated with the IPR or the timing of the issuance or sale of the IPR or in the determination or calculation of the equation by which IPR is to be converted into cash, surrendered or redeemed, as the case may be. S&P Dow Jones Indices has no obligation or liability in connection with the administration, marketing or trading of the IPR. There is no assurance that investment products based on the Index will accurately track index performance or provide positive investment returns. S&P Dow Jones Indices LLC is not an investment advisor. Inclusion of a security within an Index is not a recommendation by S&P Dow Jones Indices to buy, sell, or hold such security, nor is it considered to be investment advice. S&P DOW JONES INDICES DOES NOT GUARANTEE THE ADEQUACY, ACCURACY, TIMELINESS AND/OR THE COMPLETENESS OF THE INDEX OR ANY DATA RELATED THERETO OR ANY COMMUNICATION, INCLUDING BUT NOT LIMITED TO, ORAL OR WRITTEN COMMUNICATION (INCLUDING ELECTRONIC COMMUNICATIONS) WITH RESPECT THERETO. S&P DOW JONES INDICES SHALL NOT BE SUBJECT TO ANY DAMAGES OR LIABILITY FOR ANY ERRORS, OMISSIONS, OR DELAYS THEREIN. S&P DOW JONES INDICES MAKES NO EXPRESS OR IMPLIED WARRANTIES, AND EXPRESSLY DISCLAIMS ALL WARRANTIES, OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE OR AS TO RESULTS TO BE OBTAINED BY THE COMPANY, OWNERS OF THE POLICIES WHICH CONTAIN THE IPR, OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE INDEX OR WITH RESPECT TO ANY DATA RELATED THERETO. WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT WHATSOEVER SHALL S&P DOW JONES INDICES BE LIABLE FOR ANY INDIRECT, SPECIAL, INCIDENTAL, PUNITIVE, OR CONSEQUENTIAL DAMAGES INCLUDING BUT NOT LIMITED TO, LOSS OF PROFITS, TRADING LOSSES, LOST TIME OR GOODWILL, EVEN IF THEY HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, WHETHER IN CONTRACT, TORT, STRICT LIABILITY, OR OTHERWISE. THERE ARE NO THIRD PARTY BENEFICIARIES OF ANY AGREEMENTS OR ARRANGEMENTS BETWEEN S&P DOW JONES INDICES AND THE COMPANY, OTHER THAN THE LICENSORS OF S&P DOW JONES INDICES.

January 30, 2019 ID:6969

Version: 2.21.0

Page: 9 of 19

Guardian Life Insurance Illustration Index Participation Feature Disclosure

Index Participation Historical Rates To help you understand how the Index Adjustment works, the example below shows the Index Interest Rate that would have been used in calculating the rate used for the index adjustment each year from 1998 through 2017 for an Index Period starting on January 1 of each year, assuming a 100% participation rate and the current Cap of 12.50% with a Floor of 4.00%.

Index

Index

Performance

Interest

Beginning S&P

Ending S&P

Year

Value

Value

Rate

Rate

1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

970.43

1,229.23 1,469.25 1,320.28 1,148.08 1,111.92 1,211.92 1,248.29 1,418.30 1,468.36 1,115.10 1,257.64 1,257.60 1,426.19 1,848.36 2,058.90 2,043.94 2,238.83 2,673.61 879.82 903.25

26.67% 19.53% -10.14% -13.04% -23.37% 26.38% 8.99% 3.00% 13.62% 3.53% -38.49% 23.45% 12.78% 0.00% 13.41% 29.60% 11.39% -0.73% 9.54% 19.42%

12.50% 12.50% 4.00% 4.00% 4.00% 12.50% 8.99% 4.00% 12.50% 4.00% 4.00% 12.50% 12.50% 4.00% 12.50% 12.50% 11.39% 4.00% 9.54% 12.50%

1,229.23 1,469.25 1,320.28 1,148.08 1,111.92 1,211.92 1,248.29 1,418.30 1,468.36 1,115.10 1,257.64 1,257.60 1,426.19 1,848.36 2,058.90 2,043.94 2,238.83 879.82 903.25

Note that different periods of time and different participation rates and/or Caps will produce different results that could be higher or lower than those shown above. Past performance of the S&P 500 Price Return index ~ should not be considered a representation of future performance.

Illustrated Rates Disclosure: The maximum illustrated index interest rate for this illustration is based on geometric averages of index returns over specific 25 year periods during the last 66 years. Per the requirements of Actuarial Guideline 49, the minimum and maximum geometric averages of index returns for those specific 25 year periods are:

Minimum Maximum

6.28% 10.18%

January 30, 2019 ID:6969

Version: 2.21.0

Page: 10 of 19

Guardian Life Insurance Illustration Numeric Summary Rachel Clopton, Female Age 38, Preferred Plus NT

Benefit

Premium ** $12,000.00

$1,000,000

Whole Life 99

Enhanced Accelerated Benefit Rider Paid Up Additions Rider (Scheduled) PUA Waiver of Premium ($23,410.00/year)

$23,410.00

$723.37 $400.00

Waiver of Premium

Index Participation Feature (50% initial allocation)

Total First Year Premium

$36,533.37

See schedule of Index Participation Feature allocation. Dividend Option: Paid Up Additions (D)

Guaranteed

Non-Guaranteed - Current

Non-Guaranteed - Intermediate

AGE AT ANNUAL CASH DEATH CASH DEATH POL START PREMIUM VALUE BENEFIT PREMIUM VALUE BENEFIT PREMIUM VALUE BENEFIT YR OF YEAR # ## ## #* ##* ##* #* ##* ##* 5 42 36,533 147,484 1,487,458 36,533 157,416 1,517,528 36,533 152,355 1,502,246 10 47 12,400 293,896 1,702,755 12,400 347,141 1,861,435 12,400 319,389 1,778,970 20 57 12,400 477,061 1,604,180 12,400 740,912 2,230,444 12,400 594,176 1,883,258 33 70 12,000 734,151 1,496,407 12,000 1,593,068 2,968,443 12,000 1,069,568 2,073,331 38 75 12,000 838,197 1,460,276 12,000 2,072,676 3,349,254 12,000 1,294,243 2,160,368 43 80 12,000 940,089 1,426,776 12,000 2,662,087 3,805,160 12,000 1,539,795 2,257,360 48 85 12,000 1,031,064 1,395,714 12,000 3,373,210 4,361,266 12,000 1,796,981 2,367,698 53 90 12,000 1,107,487 1,366,912 12,000 4,190,055 5,005,369 12,000 2,051,506 2,483,054 NET CASH DEATH NET

Applicant's Statement:

I have received a copy of this illustration and understand that any non-guaranteed elements illustrated are subject to change and could be either higher or lower. The agent has told me they are not guaranteed.

EILUS_Owner1_eSig1

EILUS_Owner2_eSig1

Applicant's (Owner's) Signature

Additional Signature (if required)

Date

Insurance Producer's Statement:

I certify that this illustration has been presented to the applicant and that I have explained that any non- guaranteed elements illustrated are subject to change. I have made no statements that are inconsistent with the illustration.

EILUS_Agent1_eSig1 Producer's Signature

Date

January 30, 2019 ID:6969

Version: 2.21.0

Page: 11 of 19

Guardian Life Insurance Illustration Tabular Detail Rachel Clopton, Female Age 38, Preferred Plus NT

Benefit

Premium ** $12,000.00

$1,000,000

Whole Life 99

Enhanced Accelerated Benefit Rider Paid Up Additions Rider (Scheduled) PUA Waiver of Premium ($23,410.00/year)

$23,410.00

$723.37 $400.00

Waiver of Premium

Index Participation Feature (50% initial allocation)

Total First Year Premium

$36,533.37

See schedule of Index Participation Feature allocation. Dividend Option: Paid Up Additions (D)

Guaranteed

Non-Guaranteed - Current

Non-Guaranteed - Alternate

AGE AT ANNUAL CASH DEATH CASH DEATH POL START PREMIUM VALUE BENEFIT PREMIUM VALUE BENEFIT PREMIUM VALUE BENEFIT YR OF YR # ## ## # * ## * ## * # * ## * ## * 1 38 36,533 23,028 1,107,682 36,533 23,028 1,107,682 36,533 23,028 1,107,682 2 39 36,533 46,512 1,210,063 36,533 47,620 1,211,590 36,533 47,210 1,211,180 3 40 36,533 76,990 1,307,352 36,533 80,006 1,314,995 36,533 78,736 1,312,313 4 41 36,533 111,837 1,399,752 36,533 117,758 1,416,777 36,533 115,138 1,409,973 5 42 36,533 147,484 1,487,458 36,533 157,416 1,517,528 36,533 152,915 1,504,784 6 43 36,533 184,430 1,570,665 36,533 199,548 1,617,444 36,533 192,588 1,596,960 7 44 36,533 222,205 1,649,559 36,533 244,210 1,717,032 36,533 234,165 1,687,023 8 45 36,533 260,796 1,724,322 36,533 291,556 1,817,685 36,533 277,740 1,776,372 9 46 12,400 277,169 1,713,457 12,400 318,481 1,837,708 12,400 300,144 1,783,288 10 47 12,400 293,896 1,702,755 12,400 347,141 1,861,435 12,400 323,876 1,792,491 11 48 12,400 310,953 1,692,214 12,400 377,625 1,887,810 12,400 348,988 1,803,913 12 49 12,400 328,329 1,681,831 12,400 410,039 1,916,894 12,400 375,545 1,817,555 13 50 12,400 345,987 1,671,603 12,400 444,397 1,948,680 12,400 403,517 1,833,351 14 51 12,400 363,958 1,661,529 12,400 480,871 1,983,097 12,400 433,029 1,851,174 15 52 12,400 382,182 1,651,606 12,400 519,473 2,020,189 12,400 464,048 1,871,008 16 53 12,400 400,670 1,641,832 12,400 559,886 2,059,468 12,400 496,199 1,892,306 17 54 12,400 419,409 1,632,205 12,400 602,124 2,100,074 12,400 529,455 1,914,158 18 55 12,400 438,413 1,622,722 12,400 646,346 2,142,025 12,400 563,921 1,936,547 19 56 12,400 457,622 1,613,381 12,400 692,573 2,185,468 12,400 599,567 1,959,576 20 57 12,400 477,061 1,604,180 12,400 740,912 2,230,444 12,400 636,444 1,983,243 21 58 12,400 495,533 1,595,117 12,400 790,295 2,277,013 12,400 673,425 2,007,568 22 59 12,400 514,226 1,586,191 12,400 841,936 2,325,187 12,400 711,661 2,032,522 23 60 12,400 533,153 1,577,398 12,400 895,977 2,374,894 12,400 751,226 2,058,005 24 61 12,400 552,303 1,568,737 12,400 952,513 2,426,203 12,400 792,142 2,084,042 25 62 12,400 571,676 1,560,206 12,400 1,011,650 2,479,151 12,400 834,444 2,110,628 26 63 12,400 591,298 1,551,803 12,400 1,073,516 2,533,763 12,400 878,186 2,137,749 27 64 12,400 611,145 1,543,526 12,400 1,138,243 2,590,095 12,400 923,406 2,165,412 28 65 12,000 631,205 1,535,373 12,000 1,205,928 2,648,227 12,000 970,128 2,193,647 29 66 12,000 651,476 1,527,342 12,000 1,276,703 2,708,216 12,000 1,018,390 2,222,464 30 67 12,000 671,933 1,519,432 12,000 1,350,687 2,770,137 12,000 1,068,219 2,251,882 31 68 12,000 692,544 1,511,641 12,000 1,427,979 2,834,079 12,000 1,119,622 2,281,933 32 69 12,000 713,300 1,503,966 12,000 1,508,736 2,900,134 12,000 1,172,650 2,312,647 33 70 12,000 734,151 1,496,407 12,000 1,593,068 2,968,443 12,000 1,227,312 2,344,093 34 71 12,000 755,028 1,488,960 12,000 1,681,099 3,039,190 12,000 1,283,621 2,376,365 35 72 12,000 775,887 1,481,626 12,000 1,772,920 3,112,541 12,000 1,341,570 2,409,546 NET CASH DEATH NET

January 30, 2019 ID:6969

Version: 2.21.0

Page: 12 of 19

Guardian Life Insurance Illustration Tabular Detail

Guaranteed

Non-Guaranteed - Current

Non-Guaranteed - Alternate

AGE AT ANNUAL CASH DEATH CASH DEATH POL START PREMIUM VALUE BENEFIT PREMIUM VALUE BENEFIT PREMIUM VALUE BENEFIT YR OF YR # ## ## # * ## * ## * # * ## * ## * 36 73 12,000 796,723 1,474,402 12,000 1,868,713 3,188,599 12,000 1,401,205 2,443,655 37 74 12,000 817,492 1,467,286 12,000 1,968,556 3,267,464 12,000 1,462,506 2,478,714 38 75 12,000 838,197 1,460,276 12,000 2,072,676 3,349,254 12,000 1,525,545 2,514,750 39 76 12,000 858,807 1,453,372 12,000 2,181,141 3,434,029 12,000 1,590,281 2,551,747 40 77 12,000 879,310 1,446,572 12,000 2,294,155 3,521,915 12,000 1,656,770 2,589,733 41 78 12,000 899,696 1,439,873 12,000 2,411,850 3,613,000 12,000 1,725,010 2,628,710 42 79 12,000 919,963 1,433,275 12,000 2,534,464 3,707,389 12,000 1,795,064 2,668,685 43 80 12,000 940,089 1,426,776 12,000 2,662,087 3,805,160 12,000 1,866,899 2,709,648 44 81 12,000 959,550 1,420,374 12,000 2,794,389 3,907,138 12,000 1,940,162 2,752,133 45 82 12,000 978,252 1,414,069 12,000 2,931,353 4,013,786 12,000 2,014,729 2,796,377 46 83 12,000 996,431 1,407,858 12,000 3,073,428 4,124,964 12,000 2,090,820 2,842,180 47 84 12,000 1,014,046 1,401,740 12,000 3,220,705 4,240,750 12,000 2,168,386 2,889,495 48 85 12,000 1,031,064 1,395,714 12,000 3,373,210 4,361,266 12,000 2,247,341 2,938,314 49 86 12,000 1,048,012 1,389,778 12,000 3,530,294 4,484,318 12,000 2,327,109 2,987,016 50 87 12,000 1,063,950 1,383,931 12,000 3,690,509 4,610,468 12,000 2,406,625 3,035,952 51 88 12,000 1,079,012 1,378,172 12,000 3,853,780 4,739,758 12,000 2,485,787 3,085,094 52 89 12,000 1,093,291 1,372,500 12,000 4,020,009 4,871,810 12,000 2,564,472 3,134,137 53 90 12,000 1,107,487 1,366,912 12,000 4,190,055 5,005,369 12,000 2,643,212 3,182,214 54 91 12,000 1,123,578 1,361,408 12,000 4,366,514 5,136,409 12,000 2,723,650 3,226,688 55 92 12,000 1,140,686 1,355,987 12,000 4,547,879 5,265,165 12,000 2,804,706 3,267,810 56 93 12,000 1,158,331 1,350,648 12,000 4,732,856 5,392,108 12,000 2,885,505 3,305,974 57 94 12,000 1,176,495 1,345,388 12,000 4,921,528 5,517,550 12,000 2,966,082 3,341,455 58 95 12,000 1,195,371 1,340,207 12,000 5,114,088 5,641,158 12,000 3,046,531 3,374,103 59 96 12,000 1,216,865 1,335,104 12,000 5,315,755 5,761,446 12,000 3,130,076 3,403,069 60 97 12,000 1,243,321 1,330,077 12,000 5,535,651 5,878,750 12,000 3,222,181 3,428,641 61 98 12,000 1,280,615 1,325,126 12,000 5,786,561 5,982,703 12,000 3,330,270 3,444,716 62 99 0 1,320,249 1,320,249 0 6,068,149 6,068,149 0 3,447,242 3,447,242 63 100 0 1,320,249 1,320,249 0 6,362,404 6,362,404 0 3,614,383 3,614,383 64 101 0 1,320,249 1,320,249 0 6,670,930 6,670,930 0 3,789,630 3,789,630 65 102 0 1,320,249 1,320,249 0 6,994,421 6,994,421 0 3,973,378 3,973,378 66 103 0 1,320,249 1,320,249 0 7,333,600 7,333,600 0 4,166,036 4,166,036 67 104 0 1,320,249 1,320,249 0 7,689,229 7,689,229 0 4,368,039 4,368,039 68 105 0 1,320,249 1,320,249 0 8,062,107 8,062,107 0 4,579,839 4,579,839 69 106 0 1,320,249 1,320,249 0 8,453,069 8,453,069 0 4,801,911 4,801,911 70 107 0 1,320,249 1,320,249 0 8,862,993 8,862,993 0 5,034,754 5,034,754 71 108 0 1,320,249 1,320,249 0 9,292,798 9,292,798 0 5,278,889 5,278,889 72 109 0 1,320,249 1,320,249 0 9,743,449 9,743,449 0 5,534,866 5,534,866 73 110 0 1,320,249 1,320,249 0 10.216M 10.216M 0 5,803,257 5,803,257 74 111 0 1,320,249 1,320,249 0 10.711M 10.711M 0 6,084,665 6,084,665 75 112 0 1,320,249 1,320,249 0 11.231M 11.231M 0 6,379,721 6,379,721 76 113 0 1,320,249 1,320,249 0 11.775M 11.775M 0 6,689,087 6,689,087 77 114 0 1,320,249 1,320,249 0 12.347M 12.347M 0 7,013,458 7,013,458 78 115 0 1,320,249 1,320,249 0 12.945M 12.945M 0 7,353,561 7,353,561 79 116 0 1,320,249 1,320,249 0 13.573M 13.573M 0 7,710,158 7,710,158 80 117 0 1,320,249 1,320,249 0 14.231M 14.231M 0 8,084,051 8,084,051 81 118 0 1,320,249 1,320,249 0 14.922M 14.922M 0 8,476,077 8,476,077 82 119 0 1,320,249 1,320,249 0 15.645M 15.645M 0 8,887,117 8,887,117 83 120 0 1,320,249 1,320,249 0 16.404M 16.404M 0 9,318,092 9,318,092 NET CASH DEATH NET

January 30, 2019 ID:6969

Version: 2.21.0

Page: 13 of 19

Guardian Life Insurance Illustration Tabular Detail

Mode Selected: Annual

Initial Modal Premium

Mode Annual

Modal Factor

1.000000

36,533.37

5% Interest Adjusted Indices

Net Pay.

Surrender Cost Index

Equiv. Lev. Dividend

Year

10 20

11.11

4.36 2.35

0.89 2.86

9.14

January 30, 2019 ID:6969

Version: 2.21.0

Page: 14 of 19

Guardian Life Insurance Illustration Understanding Premium Offset

This illustration shows using dividends to pay some premiums due in future years (Premium Offset). Premium Offset illustrations are shown to demonstrate the possibility of using dividend values to reduce future out-of-pocket outlays. Dividends are not guaranteed. Premiums are required for the number of years shown in the policy. Premiums shown as paid by dividends in this illustration are not canceled, forgiven or waived by the company. The Premium Offset year shown in this illustration is predicated on each non-guaranteed factor remaining unchanged in each year, a scenario which is highly unlikely. Non-guaranteed factors -- dividends, the cost of term and other riders as described in the illustration -- are likely to vary over time reflecting actual economic and mortality experience. Under current economic conditions, dividends are also reduced by an individual's policy loan activity, if any. Please note the following: • Unless the illustration states specifically that a policy becomes paid-up at a specified age or year, an illustration does NOT represent a "paid-up policy". Every illustration explicitly states the required premiums in the "Narrative Summary" and "Tabular Detail" sections. • Premium Offset does not occur automatically. It must be requested by the policyowner when sufficient policy values have accumulated to support a Premium Offset. Even if dividend values are adequate to offset future premiums, there may be circumstances where it is not in the policyowner's best interest to elect this option. Therefore, before deciding to elect Premium Offset, you should review your policy and personal circumstances with your agent. Note: the Planning Concept typically is based on the assumption that the policyholder elects to change the status of the PUA rider from premium paying to paid-up at the time of the Premium Offset request. • Future dividends may be less or more than those illustrated. If dividends are lower, you may need to continue cash outlays longer than shown, or even resume cash outlays after an initial Premium Offset. As long as the policy is in force, Guardian recommends you periodically request that your agent review a revised illustration with you. Hypothetical Example

Male Age 50--Preferred NT Whole Life 99 (2016 Series)

Dividend Option

Paid Up Additions

Basic Face Amount

$250,000

No Riders Premium

$6,372.50

Guaranteed Factors Full Pay until attained age 99 The offset year is the last year that a cash premium payment is required prior to Premium Offset. The offset year is 15 based on Guardian's 2019 dividend scale. The offset year is 21 assuming dividends are 25% less than Guardian's 2019 dividend scale. The offset year is 28 assuming dividends are 50% less than Guardian's 2019 dividend scale.

January 30, 2019 ID:6969

Version: 2.21.0

Page: 15 of 19

Guardian Life Insurance Illustration

Planning Concept Based on the 2019 Dividend Scale Rachel Clopton, Female Age 38, Preferred Plus NT

Benefit

Premium ** $12,000.00

$1,000,000

Whole Life 99

Enhanced Accelerated Benefit Rider Paid Up Additions Rider (Scheduled) PUA Waiver of Premium ($23,410.00/year)

$23,410.00

$723.37 $400.00

Waiver of Premium

Index Participation Feature (50% initial allocation)

Total First Year Premium

$36,533.37

See schedule of Index Participation Feature allocation. Dividend Option: Paid Up Additions (D)

Guaranteed

Non-Guaranteed

AGE

BASE

BASE

AFTER NET

AT

POLICY GUAR.

TAX

AFTER CUM TAX NET A/T

NET

NET

START ANNUAL CASH

NET ANNUAL CUM LOAN

CASH DEATH

POL OF YR YEAR 1 38 2 39 3 40 4 41 5 42 6 43 7 44 8 45 9 46 10 47 11 48 12 49 13 50 14 51 15 52 16 53 17 54 18 55 19 56 20 57 21 58 22 59 23 60 24 61 25 62 26 63 27 64 28 65 29 66 30 67

PREM VALUE PREM LOAN LOAN INTEREST OUTLAY OUTLAY VALUE BENEFIT

#

# *

#

#

#

# *

# *

## *

## *

##

12,000 12,000 12,000 12,000 12,000 12,000 12,000 12,000 12,000 12,000

0 0

36,533 36,533 36,533 36,533 36,533 36,533 36,533 36,533 -20,100 -20,100 -52,600 -52,600 -20,100 -20,100 -15,143

0 0 0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0 0

0 36,533 0 36,533

36,533 73,067

23,028 1,107,682 47,620 1,211,590 80,006 1,314,995

6,530

0 36,533 109,600

16,960 27,720 39,310 51,260 63,570 76,210 89,190

0 36,533 146,133 117,758 1,416,777 0 36,533 182,667 157,416 1,517,528 0 36,533 219,200 199,548 1,617,444 0 36,533 255,734 244,210 1,717,032 0 36,533 292,267 291,556 1,817,685 0 -20,100 272,167 284,544 1,718,033 0 -20,100 252,067 277,520 1,625,506 0 -52,600 199,467 236,555 1,425,429 0 -52,600 146,867 193,845 1,232,593 0 -20,100 126,767 183,174 1,149,992 0 -20,100 106,667 172,131 1,069,546

12,000 102,500 12,000 116,130 12,000 130,060 12,000 144,310 12,000 158,850 12,000 173,680 12,000 188,800 12,000 204,220 12,000 219,900 12,000 235,860 12,000 250,910 12,000 266,220 12,000 281,800 12,000 297,640 12,000 313,740 12,000 330,130 12,000 346,780 12,000 363,690 12,000 380,860 12,000 398,270

5,254

5,254

297 -20,100

86,567 160,528 1,001,678

5,468 40,561 45,815 5,180 42,690 88,505 4,830 44,880 133,385 4,440 12,709 146,094 4,080 13,090 159,185 3,720 13,494 172,679 2,520 13,032 185,711 1,410 12,637 198,348 930 12,887 211,235 460 13,162 224,397 0 13,464 237,860 0 14,272 252,132 0 10,085 262,217

2,593 -32,500 5,010 -32,500

54,067 135,085 21,567 107,865

961,405 919,065 874,575 862,226 849,495 837,201 825,279 813,122 800,705 788,033 775,135 762,495 750,905 735,538 721,979

7,550 -32,500 -10,933

78,795 82,126 85,355 88,111 91,499 94,922 98,345

8,269 9,010

0 -10,933 0 -10,933 0 -10,933 0 -10,933 0 -10,933 0 -10,933

9,774

10,512 11,227 11,957 12,702 13,464 14,272 10,085 10,526 11,058

0 -10,933 101,773

0 -10,933 105,231 0 -10,933 108,672 0 -10,933 112,534 0 -10,933 116,398 0 -10,933 120,249

939

11,465 273,682

2,780 13,838 287,521

January 30, 2019 User ID: 54ghs ID:6969

Version: 2.21.0

Page: 16 of 19

Guardian Life Insurance Illustration Planning Concept Based on the 2019 Dividend Scale

Guaranteed

Non-Guaranteed

AGE

BASE

BASE

AFTER NET

AT

POLICY GUAR.

TAX

AFTER CUM TAX NET A/T

NET

NET

START ANNUAL CASH

NET ANNUAL CUM LOAN

CASH DEATH

POL OF YR YEAR 31 68 32 69 33 70 34 71 35 72 36 73 37 74 38 75 39 76 40 77 41 78 42 79 43 80 44 81 45 82 46 83 47 84 48 85 49 86 50 87 51 88 52 89 53 90 54 91 55 92 56 93 57 94 58 95 59 96 60 97 61 98 62 99 63 100 64 101 65 102 66 103 67 104 68 105 69 106 70 107 71 108 72 109 73 110 74 111 75 112

PREM VALUE PREM LOAN LOAN INTEREST OUTLAY OUTLAY VALUE BENEFIT

#

# *

#

#

#

# *

# *

## *

## *

##

12,000 415,900 12,000 433,740 12,000 451,760 12,000 469,900 12,000 488,140 12,000 506,460 12,000 524,840 12,000 543,270 12,000 561,730 12,000 580,210 12,000 598,700 12,000 617,190 12,000 635,670 12,000 653,740 12,000 671,320 12,000 688,580 12,000 705,490 12,000 722,020 12,000 738,560 12,000 754,390 12,000 769,610 12,000 784,280 12,000 798,940 12,000 815,130 12,000 832,180 12,000 849,730 12,000 867,780 12,000 886,500 12,000 907,430 12,000 932,490

2,500 14,101 301,621 2,210 14,363 315,985 1,900 14,615 330,600 1,570 14,857 345,457 1,210 15,077 360,534 820 15,274 375,808 440 15,490 391,298 40 15,694 406,991 0 16,280 423,271 0 16,931 440,202 0 17,608 457,810 0 18,312 476,122 0 19,045 495,167 0 19,807 514,974 0 20,599 535,573 0 21,423 556,996 0 22,280 579,275 0 23,171 602,446 0 24,098 626,544 0 25,062 651,606 0 26,064 677,670 0 27,107 704,777 0 28,191 732,968 0 29,319 762,287 0 30,491 792,778 0 32,980 857,469 0 34,299 891,768 0 35,671 927,438 0 37,098 964,536 0 38,581 1,003,117 0 40,125 1,043,242 0 41,730 1,084,972 0 43,399 1,128,371 0 45,135 1,173,506 0 46,940 1,220,446 0 48,818 1,269,264 0 50,251 1,319,514 0 51,899 1,371,414 0 53,943 1,425,356 0 56,066 1,481,422 0 58,274 1,539,696 0 60,568 1,600,264 0 62,952 1,663,216 0 65,431 1,728,647 0 31,711 824,489

11,601 12,153 12,715 13,287 13,867 14,454 15,050 15,654 16,280 16,931 17,608 18,312 19,045 19,807 20,599 21,423 22,280 23,171 24,098 25,062 26,064 27,107 28,191 29,319 30,491 31,711 32,980 34,299 35,671 37,098 38,581 40,125 41,730 43,399 45,135 46,940 48,818 50,751 52,747 54,821 56,978 59,219 61,549 63,970 66,486

0 -10,933 124,069 0 -10,933 127,855 0 -10,933 131,590 0 -10,933 135,233 0 -10,933 138,786 0 -10,933 142,212 0 -10,933 145,502 0 -10,933 148,629 0 -10,933 151,574 0 -10,933 154,318 0 -10,933 156,834 0 -10,933 159,110 0 -10,933 161,117 0 -10,933 162,671 0 -10,933 163,666 0 -10,933 164,189 0 -10,933 164,176 0 -10,933 163,576 0 -10,933 162,095 0 -10,933 159,276 0 -10,933 155,048 0 -10,933 149,317 0 -10,933 142,261 0 -10,933 133,995 0 -10,933 124,448 0 -10,933 113,252 0 -10,933 100,402

708,169 694,115 679,830 665,333 650,646 635,752 620,662 605,359 590,030 574,664 559,212 543,639 527,901 512,189 496,538 480,822 464,954 448,885 431,895 414,084 395,373 375,577 354,296 330,068 303,075 273,629 241,793 207,424 170,143 129,968 84,698 44,764 45,841 46,935 48,033 49,135 50,251 51,899 53,943 56,066 58,274 60,568 62,952 65,431 68,007

0 -10,933 0 -10,933 0 -10,933 0 -10,933 0 -10,933 0 -10,933 0 -10,933 0 -10,933 0 -10,933 0 -10,933 500 -10,433

85,877 70,895 57,475 48,342 44,764 45,841 46,935 48,033 49,135 50,251 51,899 53,943 56,066 58,274 60,568 62,952 65,431 68,007

12,000 966,410

0 1,000,000 0 1,000,000 0 1,000,000 0 1,000,000 0 1,000,000 0 1,000,000 0 1,000,000 0 1,000,000 0 1,000,000 0 1,000,000 0 1,000,000 0 1,000,000 0 1,000,000 0 1,000,000

847 879 912 945 981

-9,586 -8,707 -7,795 -6,850 -5,869 -4,852 -3,796

1,017 1,056

January 30, 2019 ID:6969

Version: 2.21.0

Page: 17 of 19

Guardian Life Insurance Illustration Planning Concept Based on the 2019 Dividend Scale

Guaranteed

Non-Guaranteed

AGE

BASE

BASE

AFTER NET

AT

POLICY GUAR.

TAX

AFTER CUM TAX NET A/T

NET

NET

START ANNUAL CASH

NET ANNUAL CUM LOAN

CASH DEATH

POL OF YR YEAR 76 113 77 114 78 115 79 116 80 117 81 118 82 119 83 120

PREM VALUE PREM LOAN LOAN INTEREST OUTLAY OUTLAY VALUE BENEFIT

#

# *

#

#

#

# *

# *

## *

## *

##

0 1,000,000 0 1,000,000 0 1,000,000 0 1,000,000 0 1,000,000 0 1,000,000 0 1,000,000 0 1,000,000

0 68,007 1,796,654 0 70,684 1,867,338 0 73,467 1,940,805 0 76,360 2,017,165 0 79,366 2,096,530 0 82,490 2,179,021 0 85,738 2,264,759

69,102 71,821 74,646 77,583 80,636 83,808 87,106 90,534

1,095 1,136 1,179 1,224 1,270 1,318 1,368 1,420

-2,701 -1,564

70,684 73,467 76,360 79,366 82,490 85,738 89,114 92,622

70,684 73,467 76,360 79,366 82,490 85,738 89,114

-385 839

2,109

3,427 4,795 6,215

0 92,622 THIS ILLUSTRATION IS BASED ON THE 2019 DIVIDEND SCALE AND ASSUMES THAT THE CURRENTLY ILLUSTRATED NON-GUARANTEED ELEMENTS, INCLUDING DIVIDENDS, WILL CONTINUE UNCHANGED FOR ALL YEARS SHOWN. THIS IS NOT LIKELY TO OCCUR AND THE ACTUAL RESULTS MAY BE MORE OR LESS FAVORABLE THAN THOSE SHOWN. THE ASSUMPTIONS ON WHICH NON-GUARANTEED ELEMENTS ARE BASED ARE SUBJECT TO CHANGE BY THE COMPANY. SEE TABULAR DETAIL FOR GUARANTEED VALUES AND OTHER IMPORTANT INFORMATION. 89,114 2,353,872

January 30, 2019 ID:6969

Version: 2.21.0

Page: 18 of 19

Made with FlippingBook - Online Brochure Maker