Special Notice for New York State:

2. Special Notice for New York State: “This product is a life insurance policy and rider that accelerates the death benefit on account of chronic illness. It is not a health insurance policy or rider providing long-term care insurance subject to the minimum requirements of New York law, does not qualify for the New York State Long-Term Care Partnership program and is not a Medicare supplement policy or rider.”

3. Chronic Illness Benefit Rider (CIBR) The Chronic Illness Accelerated Death Benefit Rider provides the policy owner with the option of accelerating the payment of a portion of the life insurance benefits available under the policy if the insured becomes chronically ill while the policy is in force.

4. What is it? Allows policyholder receipt of a portion of their death benefit while living • What is the cost of the Rider? Upon application… No Cost* • What “triggers” eligibility for the benefit? • Unable to perform 2 of 6 ADL’s • Bathing, Toileting, Dressing, Continence, Transferring, Eating • Severe cognitive impairment *Charges are assessed at time of acceleration.

5. Whichever is less • What is the maximum BENEFIT per calendar year? • 25% of face* • $116,800 (IRS 2013) • Lump sum only-ONE payment per CALENDAR year • $25,000 residual face amount required at all times • *Note: refer to Death Benefit as shown on At-a-Glance  • What is the maximum LIFETIME cumulative benefit from ALL policies per insured? 1M • Does the Chronic Illness Benefit Rider affect eligibility for Medicare or Medicaid? No

6. What is the tax status of an Accelerated Death Benefit? Currently Income Tax free (within IRS limit) • What about the policy beneficiary? • Death benefit was reduced by: • Check paid to policyowner • Administrative fee • Actuarial discount

7. Can CIBR payments be made to a trust? • YES • (See handout in your kit)

8. Up to age 75 • Cognitive screening required – Age 66+ • Up to the lesser of 25% face amount or the IRS limit *Check State limitations

9. Example: #1Sample: Chronic Illness Accelerated Death Benefit Male Standard Nonsmoker – Issue age 60 Specified amount: $1,000,000 Acceleration of $125,000 at age 80

10. Sample Chronic Illness Accelerated Death Benefit

11. Sample Chronic Illness Accelerated Death Benefit

12. Example #2Chronic Illness Benefit Rider • $2,000,000 Customized UL4U Policy with CIBR…Male age 52 Preferred NS paying Target $26,020. • CIBR Claims at ages 82, 83, 84, 85. Stop paying premiums at age 81. • Net MAXimum benefit for each acceleration.

13. Example $2,000,000 Customized UL4U with CIBR Male Age 52 Preferred NS – Target $26,020

14. Example $2,000,000 Customized UL4U with CIBR Male Age 52 Preferred NS – Target $26,020

15. Example $2,000,000 Customized UL4U with CIBR Male Age 52 Preferred NS – Target $26,020

16. Example $2,000,000 Customized UL4U with CIBR Male Age 52 Preferred NS – Target $26,020