P - Mihlston, Dr. Melanie Lynn - Whole Life

Complicated Questions. Simple Answers. Life Insured.

Dr. Melanie Lynn Mihlstin

March 31, 2019

Gary H. Scholnick, CLU ChFC | Advanced income Strategies, LLC | o 248.723.1020 | f 248.723.1022

Dr Melanie Mihlstin

Special Pre and Post Retirement Income Distributions

Guardian Life

Special A Pre Retire Income Disributn

Annual

Annual Tuition Income

Total

Retiremnt Income Disributn

Non Taxable

Pol

Att Age

Income Disributn

Year

Disributn

0

‐1,819,760

0

‐1,819,760

1 2 3 4 5 6 7 8 9

31 32 33 34 35 36 37 38 39 40 45 46 47 48 49 50 51 56 57 58 59 60 61 62 63 64 65 75 76 77 78 79 80 81 82 83 84 85 89 90 91

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

10

15 16 17 18 19 20 21 26 27 28 29 30 31 32 33 34 35 45 46 47 48 49 50 51 52 53 54 55 59 60 61

‐90,988

‐90,988

‐90,988 ‐90,988 ‐90,988 ‐90,988 ‐90,988 ‐90,988 ‐90,988 ‐90,988 ‐90,988 ‐90,988

‐90,988 ‐90,988 ‐90,988 ‐90,988 ‐90,988 ‐90,988 ‐90,988 ‐90,988 ‐90,988 ‐90,988

0

0

0 0 0

0 0 0

          ______________________           Policy Values Reflect Dividend Additions from Guardian Life's 2019 Dividend Scale           Carrier Dividends are Never Guaranteed.  Premiums include Disability Waiver           See AIS Bookshelf for Home Office Illustrations of Policy Values, Features and Benefits

Dr Melanie Mihlstin

Minimum Premium

   $1M Whole Life / Base

   $1M Renewable Term

Guardian Life

Required Guaranteed

Projected

Projected

Projected Additional

Total Cash Value

Minimum

Total Cash Value

Net

Additn'l YRT

Net

Pol

Att Age

Annual

Death Benefit

Annual

Death

Year

Premium

Premium Benefit

1 2 3 4 5 6 7 8 9

31 32 33 34 35 36 37 38 39 40 45 46 47 48 49 50 51 56 57 58 59 60 61 62 63 64 65 75 76 77 78 79 80 81 82 83 84 85 89 90 91

9,400 9,400 9,400 9,400 9,400 9,400 9,400 9,400 9,400 9,400 9,400 9,400 9,400 9,400 9,400 9,400

0 0

0

1,000,000 1,000,470 1,003,267 1,006,553 1,010,297 1,014,607 1,019,299 1,024,724 1,032,099 1,041,448 1,116,352 1,136,177 1,156,397 1,177,093 1,198,280 1,220,022 1,213,105 1,193,638 1,192,630 1,192,564 1,193,408 1,195,092 1,197,614 1,200,953 1,205,093 1,210,038 1,216,223 1,325,022 1,341,057 1,358,067 1,376,061 1,395,066 1,415,083 1,436,362 1,459,026 1,482,996 1,508,248 1,534,810 1,648,531 1,678,457 1,707,376

420 500 590 650 790 940

1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000

470

2,590 10,420 18,490 27,320 36,440 45,870 55,640 65,740 121,370 133,520 145,990 158,780 171,880 185,300 197,920 264,620 278,630 292,840 307,290 321,990 336,940 352,150 367,610 383,330 399,290 568,790 586,220 603,660 621,110 638,550 656,000 673,040 689,630 705,910 721,870 737,460 796,140 809,930 825,160

3,654 12,197 21,147 30,992 41,278 52,363 64,334 77,227 157,171 176,194 196,089 216,878 238,604 261,312 274,050 345,535 361,508 378,089 395,307 413,202 431,808 451,142 471,240 492,135 514,070 784,557 817,246 851,047 886,012 922,185 959,611 998,038

1,070 1,110 1,150 1,210

10

15 16 17 18 19 20 21 26 27 28 29 30 31 32 33 34 35 45 46 47 48 49 50 51 52 53 54 55 59 60 61

1,770

1,000,000

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 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 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

1,037,456 1,078,010 1,119,711 1,162,549 1,340,726 1,386,750 1,434,610

          ______________________           Policy Values Reflect Dividend Additions from Guardian Life's 2019 Dividend Scale           Carrier Dividends are Never Guaranteed.  Premiums include Disability Waiver           See AIS Bookshelf for Home Office Illustrations of Policy Values, Features and Benefits

Dr Melanie Mihlstin

Aggregate Premium

   $1M Whole Life / Excess Funding

Guardian Life

Voluntary Additional

Projected Guaranteed

Projected

Projecetd

Additional

Net

Total Cash Value

Net

Pol

Att Age

Annual

Annual

Cash Value

Death Benefit

Year

Premium Income

Guar Liquidity / Annl Avg >

97.4%

1 2 3 4 5 6 7 8 9

31 32 33 34 35 36 37 38 39 40 45 46 47 48 49 50 51 56 57 58 59 60 61 62 63 64 65 75 76 77 78 79 80 81 82 83 84 85 89 90 91

15,600 15,600

0 15,041 0 15,350

15,041 31,407 51,292 77,383 104,770 133,991 164,642 197,140 231,626 268,206 486,236 537,259 590,792 646,897 705,726 767,369 805,821

1,089,942 1,176,787 1,264,679 1,351,438 1,437,144 1,522,073 1,606,079 1,689,644 1,774,069 1,859,468 2,303,041 2,394,964 2,487,018 2,579,437 2,672,325 2,765,915 2,785,783 2,917,580 2,950,133 2,984,827 3,021,628 3,060,411 3,101,225 3,144,059 3,188,922 3,235,851 3,096,948 2,161,618 2,084,714 2,003,269 1,916,133 1,823,077 1,723,833 1,618,603 1,507,313 1,389,448 1,264,611 1,227,975 1,048,498 994,105 929,979

15,600 15,600 15,600 15,600 15,600 15,600 15,600 15,600 15,600 15,600 15,600 15,600 15,600 15,600

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

15,662 15,977 16,282 16,607 16,927 17,258 17,595 17,940 19,608 19,927 20,220 20,492 20,753 20,984

10

15 16 17 18 19 20 21 26 27 28 29 30 31 32 33 34 35 45 46 47 48 49 50 51 52 53 54 55 59 60 61

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

1,025,521 1,075,466 1,127,617 1,182,063 1,238,947 1,298,386 1,360,451 1,425,286 1,493,002 1,469,152 1,124,449 1,075,907 1,023,370 966,569 905,258 839,105 767,281 689,335 605,117 514,177 511,540

‐90,988

‐90,988 ‐90,988 ‐90,988 ‐90,988 ‐90,988 ‐90,988 ‐90,988 ‐90,988 ‐90,988 ‐90,988

0

0 0 0

467,546 446,572 420,164

          ______________________           Policy Values Reflect Dividend Additions from Guardian Life's 2019 Dividend Scale           Carrier Dividends are Never Guaranteed.  Premiums include Disability Waiver           See AIS Bookshelf for Home Office Illustrations of Policy Values, Features and Benefits

Dr Melanie Mihlstin

Aggregate Premium

   $1M Whole Life PLUS Excess Funding

Guardian Life

Required

Voluntary

Projected Guaranteed

Projected

Projecetd

Additional

Minimum Additional

Net

Total Cash Value

Net

Pol

Att Age

Annual

Annual

Annual

Cash Value

Death Benefit

Year

Premium Premium Income

188,000

312,000 ‐1,819,760

1 2 3 4 5 6 7 8 9

31 32 33 34 35 36 37 38 39 40 45 46 47 48 49 50 51 56 57 58 59 60 61 62 63 64 65 75 76 77 78 79 80 81 82 83 84 85 89 90 91

9,400 9,400 9,400 9,400 9,400 9,400 9,400 9,400 9,400 9,400 9,400 9,400 9,400 9,400 9,400 9,400

15,600 15,600 15,600 15,600 15,600 15,600 15,600 15,600 15,600 15,600 15,600 15,600 15,600 15,600 15,600 15,600

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

15,041 15,350 15,662 15,977 16,282 16,607 16,927 17,258 17,595 17,940 19,608 19,927 20,220 20,492 20,753 20,984

15,041 31,407 51,292 77,383 104,770 133,991 164,642 197,140 231,626 268,206 486,236 537,259 590,792 646,897 705,726 767,369 805,821

1,089,942 1,176,787 1,264,679 1,351,438 1,437,144 1,522,073 1,606,079 1,689,644 1,774,069 1,859,468 2,303,041 2,394,964 2,487,018 2,579,437 2,672,325 2,765,915 2,785,783 2,917,580 2,950,133 2,984,827 3,021,628 3,060,411 3,101,225 3,144,059 3,188,922 3,235,851 3,096,948 2,161,618 2,084,714 2,003,269 1,916,133 1,823,077 1,723,833 1,618,603 1,507,313 1,389,448 1,264,611 1,227,975 1,048,498 994,105 929,979

10

15 16 17 18 19 20 21 26 27 28 29 30 31 32 33 34 35 45 46 47 48 49 50 51 52 53 54 55 59 60 61

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

1,025,521 1,075,466 1,127,617 1,182,063 1,238,947 1,298,386 1,360,451 1,425,286 1,493,002 1,469,152 1,124,449 1,075,907 1,023,370 966,569 905,258 839,105 767,281 689,335 605,117 514,177 511,540

‐90,988

‐90,988 ‐90,988 ‐90,988 ‐90,988 ‐90,988 ‐90,988 ‐90,988 ‐90,988 ‐90,988 ‐90,988

0

0 0 0

467,546 446,572 420,164

          ______________________           Policy Values Reflect Dividend Additions from Guardian Life's 2019 Dividend Scale           Carrier Dividends are Never Guaranteed.  Premiums include Disability Waiver           See AIS Bookshelf for Home Office Illustrations of Policy Values, Features and Benefits

Dr Melanie Mihlstin

Invest Tax

Effective Rates of Return on All Cash Flows

35%

Guardian Life

To Age 60

To Age 75

To Age 85

Guardian 2019 Divs 5.85%

Reqrd Min

Vol Add'l

Annual

Annual

Total Ann'l

Total Ann'l

Total Ann'l

Pol

Att Age

Premium Premium Premium Premium Premium

Simple Plan

Smart Plan

Smart Plan

Smart Plan

Smart Plan

Year

6.85% 8.19% 13.93% 8.69% 7.53%

Equiv Grs > Net Yield >

4.46%

5.32%

9.05%

5.65%

4.89%

1 2 3 4 5 6 7 8 9

31 32 33 34 35 36 37 38 39 40 45 46 47 48 49 50 51 56 57 58 59 60 61 62 63 64 65 75 76 77 78 79 80 81 82 83 84 85 89 90 91

9,400 9,400 9,400 9,400 9,400 9,400 9,400 9,400 9,400 9,400 9,400 9,400 9,400 9,400 9,400 9,400

15,600 15,600 15,600 15,600 15,600 15,600 15,600 15,600 15,600 15,600 15,600 15,600 15,600 15,600 15,600 15,600

25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000

25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000

25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000

10

15 16 17 18 19 20 21 26 27 28 29 30 31 32 33 34 35 45 46 47 48 49 50 51 52 53 54 55 59 60 61

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 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

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 0 0

‐3,060,411

‐90,988

‐90,988

‐90,988

‐90,988 ‐90,988 ‐90,988 ‐90,988 ‐90,988 ‐90,988 ‐90,988 ‐90,988 ‐90,988 ‐90,988

‐2,252,606

‐90,988 ‐90,988 ‐90,988 ‐90,988 ‐90,988 ‐90,988 ‐90,988 ‐90,988 ‐90,988 ‐90,988

0

‐1,227,975

0

0 0 0

0 0 0

‐1,678,457

0

          ______________________           Policy Values Reflect Dividend Additions from Guardian Life's 2019 Dividend Scale           Carrier Dividends are Never Guaranteed.  Premiums include Disability Waiver           See AIS Bookshelf for Home Office Illustrations of Policy Values, Features and Benefits

Dr Melanie Mihlstin

Invest Tax

Effective Rates of Return on All Cash Flows

35%

Guardian Life

To Age 60

To Age 75

To Age 85

Guardian 2019 Divs 5.85%

Reqrd Min

Vol Add'l

Annual

Annual

Total Ann'l

Total Ann'l

Total Ann'l

Pol

Att Age

Premium Premium Premium Premium Premium

Simple Plan

Smart Plan

Smart Plan

Smart Plan

Smart Plan

Year

6.85% 8.19% 13.93% 8.69% 7.53%

Equiv Grs > Net Yield >

4.46%

5.32%

9.05%

5.65%

4.89%

1 2 3 4 5 6 7 8 9

31 32 33 34 35 36 37 38 39 40 45 46 47 48 49 50 51 56 57 58 59 60 61 62 63 64 65 75 76 77 78 79 80 81 82 83 84 85 89 90 91

9,400 9,400 9,400 9,400 9,400 9,400 9,400 9,400 9,400 9,400 9,400 9,400 9,400 9,400 9,400 9,400

15,600 15,600 15,600 15,600 15,600 15,600 15,600 15,600 15,600 15,600 15,600 15,600 15,600 15,600 15,600 15,600

25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000

25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000

25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000

10

15 16 17 18 19 20 21 26 27 28 29 30 31 32 33 34 35 45 46 47 48 49 50 51 52 53 54 55 59 60 61

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 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

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 0 0

‐3,060,411

‐90,988

‐90,988

‐90,988

‐90,988 ‐90,988 ‐90,988 ‐90,988 ‐90,988 ‐90,988 ‐90,988 ‐90,988 ‐90,988 ‐90,988

‐2,252,606

‐90,988 ‐90,988 ‐90,988 ‐90,988 ‐90,988 ‐90,988 ‐90,988 ‐90,988 ‐90,988 ‐90,988

0

‐1,227,975

0

0 0 0

0 0 0

‐1,678,457

0

          ______________________           Policy Values Reflect Dividend Additions from Guardian Life's 2019 Dividend Scale           Carrier Dividends are Never Guaranteed.  Premiums include Disability Waiver           See AIS Bookshelf for Home Office Illustrations of Policy Values, Features and Benefits

Dr Melanie Mihlstin

Invest Tax

Effective Rates of Return on All Cash Flows

40%

Guardian Life

To Age 60

To Age 75

To Age 85

Guardian 2019 Divs 5.85%

Reqrd Min

Vol Add'l

Annual

Annual

Total Ann'l

Total Ann'l

Total Ann'l

Pol

Att Age

Premium Premium Premium Premium Premium

Simple Plan

Smart Plan

Smart Plan

Smart Plan

Smart Plan

Year

7.43% 8.87% 15.09% 9.42% 8.15%

Equiv Grs > Net Yield >

4.46%

5.32%

9.05%

5.65%

4.89%

1 2 3 4 5 6 7 8 9

31 32 33 34 35 36 37 38 39 40 45 46 47 48 49 50 51 56 57 58 59 60 61 62 63 64 65 75 76 77 78 79 80 81 82 83 84 85 89 90 91

9,400 9,400 9,400 9,400 9,400 9,400 9,400 9,400 9,400 9,400 9,400 9,400 9,400 9,400 9,400 9,400

15,600 15,600 15,600 15,600 15,600 15,600 15,600 15,600 15,600 15,600 15,600 15,600 15,600 15,600 15,600 15,600

25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000

25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000

25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000

10

15 16 17 18 19 20 21 26 27 28 29 30 31 32 33 34 35 45 46 47 48 49 50 51 52 53 54 55 59 60 61

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 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

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 0 0

‐3,060,411

‐90,988

‐90,988

‐90,988

‐90,988 ‐90,988 ‐90,988 ‐90,988 ‐90,988 ‐90,988 ‐90,988 ‐90,988 ‐90,988 ‐90,988

‐2,252,606

‐90,988 ‐90,988 ‐90,988 ‐90,988 ‐90,988 ‐90,988 ‐90,988 ‐90,988 ‐90,988 ‐90,988

0

‐1,227,975

0

0 0 0

0 0 0

‐1,678,457

0

          ______________________           Policy Values Reflect Dividend Additions from Guardian Life's 2019 Dividend Scale           Carrier Dividends are Never Guaranteed.  Premiums include Disability Waiver           See AIS Bookshelf for Home Office Illustrations of Policy Values, Features and Benefits

Dr Melanie Mihlstin

Annual Premium

   Guaranteed Level Term Insurance

Annual Premiums / Preferred . Non Smoker Risk

$1M

$1M

$2.5M

$2.5M

Pol

Att Age

Year

Carrier

20 Year

30 Year

20 Year

30 Year

1

31

Lincoln 1

414 402 511

693 694 786

900 909

1,598 1,638 1,912

Amer Gen'l 1

Securian 1

1,103

1

31

Guardian 1 Guardian 2

690 730

1,160 1,230

1,725 1,825

2,900 3,075

Carrier 1 Carrier 2

Convertible to end of initial Level Period Convertible with Waiver of Premium

Term Life Face Amount

Net Amount @ Risk    

    Actuarial Increasing     Ann'l Term Premium

$$$  

       Increasing Pure        Mortality Risk is        Not Offset by Any        Guar Cash Values

31

100

Insured's Age

Whole Life 99 Life Insurance Illustration

Prepared for: Melaine Mihlstin

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: 2018-66233

March 17, 2019

Version: 2.23.0

Page: 1 of 19

Guardian Life Insurance Illustration Narrative Summary Melaine Mihlstin, Female Age 31, Preferred NT

Benefit

Premium **

$1,000,000

Whole Life 99

$9,190.00

Enhanced Accelerated Benefit Rider Paid Up Additions Rider (Scheduled) PUA Waiver of Premium ($15,280.63/year)

$15,280.63

$319.37 $210.00

Waiver of Premium

Index Participation Feature (50% initial allocation)

Total First Year Premium

$25,000.00

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 64, 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 34 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:

March 17, 2019 ID:6615

Version: 2.23.0

Page: 2 of 19

Guardian Life Insurance Illustration Narrative Summary

Enhanced ABR: • 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. ** This illustration was run assuming a mode of Annual. All premium and other payments are deemed to be made on policy anniversaries. This illustration shows one or more PUA payments after year one that exceed a specified multiple of the base policy premium. The multiple is three times the base policy premium in years 2 - 10 and one times the base policy premium in years 11 and later. Payments in excess of this limit are subject to approval. One of the conditions may be that the insured provide satisfactory evidence of insurability. 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. Index Participation Feature:

This illustration is based on the following PUA Rider premiums:

Scheduled: $15,280.63

Unscheduled: $0.00

Year 1 To 20

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.

March 17, 2019 ID:6615

Version: 2.23.0

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 69

Annual Return of 8.48%

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

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Guardian Life Insurance Illustration Narrative Summary

Year 1 To 59 Year 60 To 68

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 60 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 34 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.

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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 Michigan. 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.

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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:

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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.

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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.

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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 1999 through 2018 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

1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

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

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 2,506.85 879.82 903.25

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% -6.24%

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% 4.00%

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

6.30% 10.18%

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Guardian Life Insurance Illustration Numeric Summary Melaine Mihlstin, Female Age 31, Preferred NT

Benefit

Premium **

$1,000,000

Whole Life 99

$9,190.00

Enhanced Accelerated Benefit Rider Paid Up Additions Rider (Scheduled) PUA Waiver of Premium ($15,280.63/year)

$15,280.63

$319.37 $210.00

Waiver of Premium

Index Participation Feature (50% initial allocation)

Total First Year Premium

$25,000.00

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 35 25,000 96,802 1,406,627 25,000 104,770 1,437,144 25,000 100,711 1,421,642 10 40 25,000 230,379 1,718,162 25,000 268,206 1,859,468 25,000 248,508 1,786,089 20 50 25,000 547,078 2,125,246 25,000 767,369 2,765,915 25,000 646,452 2,415,262 40 70 9,190 955,555 1,831,710 9,190 2,289,106 4,124,094 9,190 1,455,601 2,694,478 45 75 9,190 1,062,928 1,771,175 9,190 2,920,243 4,619,110 9,190 1,721,582 2,784,472 50 80 9,190 1,166,043 1,715,047 9,190 3,688,731 5,204,310 9,190 2,009,228 2,884,577 55 85 9,190 1,255,252 1,663,003 9,190 4,603,697 5,907,049 9,190 2,306,079 2,997,963 60 90 9,190 1,326,889 1,614,747 9,190 5,647,624 6,717,406 9,190 2,596,739 3,116,973 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

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Guardian Life Insurance Illustration Tabular Detail Melaine Mihlstin, Female Age 31, Preferred NT

Benefit

Premium **

$1,000,000

Whole Life 99

$9,190.00

Enhanced Accelerated Benefit Rider Paid Up Additions Rider (Scheduled) PUA Waiver of Premium ($15,280.63/year)

$15,280.63

$319.37 $210.00

Waiver of Premium

Index Participation Feature (50% initial allocation)

Total First Year Premium

$25,000.00

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 31 25,000 15,041 1,089,942 25,000 15,041 1,089,942 25,000 15,041 1,089,942 2 32 25,000 30,391 1,175,399 25,000 31,407 1,176,787 25,000 31,140 1,176,519 3 33 25,000 48,643 1,256,548 25,000 51,292 1,264,679 25,000 50,457 1,262,590 4 34 25,000 72,450 1,333,568 25,000 77,383 1,351,438 25,000 75,654 1,345,961 5 35 25,000 96,802 1,406,627 25,000 104,770 1,437,144 25,000 101,794 1,426,738 6 36 25,000 122,239 1,475,904 25,000 133,991 1,522,073 25,000 129,383 1,505,218 7 37 25,000 148,286 1,541,548 25,000 164,642 1,606,079 25,000 157,985 1,581,271 8 38 25,000 174,974 1,603,713 25,000 197,140 1,689,644 25,000 187,982 1,655,398 9 39 25,000 202,339 1,662,539 25,000 231,626 1,774,069 25,000 219,475 1,728,912 10 40 25,000 230,379 1,718,162 25,000 268,206 1,859,468 25,000 252,520 1,801,908 11 41 25,000 259,101 1,770,712 25,000 306,984 1,945,916 25,000 287,175 1,874,448 12 42 25,000 288,503 1,820,315 25,000 348,086 2,033,464 25,000 323,510 1,946,560 13 43 25,000 318,592 1,867,095 25,000 391,575 2,122,170 25,000 361,533 2,018,282 14 44 25,000 349,354 1,911,174 25,000 437,607 2,211,973 25,000 401,339 2,089,529 15 45 25,000 380,772 1,952,667 25,000 486,236 2,303,041 25,000 442,921 2,160,442 16 46 25,000 412,849 1,991,690 25,000 537,259 2,394,964 25,000 486,008 2,230,586 17 47 25,000 445,539 2,028,353 25,000 590,792 2,487,018 25,000 530,646 2,299,207 18 48 25,000 478,821 2,062,764 25,000 646,897 2,579,437 25,000 576,837 2,366,520 19 49 25,000 512,674 2,095,027 25,000 705,726 2,672,325 25,000 624,654 2,432,611 20 50 25,000 547,078 2,125,246 25,000 767,369 2,765,915 25,000 674,115 2,497,683 21 51 9,400 565,931 2,108,367 9,400 815,699 2,814,995 9,400 709,009 2,516,498 22 52 9,400 584,974 2,091,742 9,400 866,247 2,866,134 9,400 745,062 2,535,867 23 53 9,400 604,214 2,075,365 9,400 919,141 2,918,943 9,400 782,325 2,555,881 24 54 9,400 623,627 2,059,235 9,400 974,455 2,973,481 9,400 820,808 2,576,548 25 55 9,400 643,212 2,043,346 9,400 1,032,298 3,029,810 9,400 860,545 2,597,879 26 56 9,400 662,914 2,027,696 9,400 1,092,743 3,088,005 9,400 901,536 2,619,897 27 57 9,400 682,753 2,012,281 9,400 1,155,916 3,148,172 9,400 943,828 2,642,647 28 58 9,400 702,697 1,997,097 9,400 1,221,943 3,210,379 9,400 987,457 2,666,139 29 59 9,400 722,814 1,982,140 9,400 1,290,942 3,274,633 9,400 1,032,453 2,690,328 30 60 9,400 743,122 1,967,408 9,400 1,363,087 3,340,837 9,400 1,078,891 2,715,090 31 61 9,400 763,619 1,952,897 9,400 1,438,530 3,409,078 9,400 1,126,817 2,740,450 32 62 9,400 784,311 1,938,603 9,400 1,517,368 3,479,377 9,400 1,176,235 2,766,381 33 63 9,400 805,187 1,924,524 9,400 1,599,785 3,551,774 9,400 1,227,211 2,792,871 34 64 9,400 826,264 1,910,657 9,400 1,685,927 3,626,343 9,400 1,279,778 2,819,932 35 65 9,190 847,501 1,896,997 9,190 1,775,930 3,703,144 9,190 1,333,958 2,847,569 NET CASH DEATH NET

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