P - Mihlston, Dr. Melanie Lynn - Whole Life

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

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