MasterChoice EIUL

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MasterChoice EIUL
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MasterChoice EIUL

• The Industrys Best Equity Indexed Universal Life
• No Lapse Premium Guarantee to Age 100
• 15 Year Minimum Death Benefit Guarantee
• Outstanding Cash Accumulation
• Liberal Catch-Up Provision
• Two Years to Collect First Year Commission

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MasterChoice EIUL

• The Industrys Best Equity Indexed Universal Life
• Extended Maturity Option
• Unbeatable Liquidity with Surrender Charge Waiver
• Current Illustrative Rates
• 9.91 on Indexed Account
• 5 on Fixed Account
• 100 Participation Rate Guarantee

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MasterChoice EIUL

• The Industrys Best Equity Indexed Universal Life
• 17 Current Cap Rate with 3 Minimum Guarantee
  Cap Rate
• Point-To-Point Annual Reset
• Ultimate Flexibility choice between Indexed
  Account (SP 500) and Fixed Account Options
• Simple Underwriting Guidelines
• Liberal Preferred Underwriting Requirements

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MasterChoice EIUL

• Issue ages 0 - 85 (age last birthday)
• Minimum Face Amount 100,000
• Maximum Face Amount None
• Four Premium Classes
• Preferred Nontobacco - 24 months
• Nontobacco - 12 months
• Preferred Tobacco
• Tobacco

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MasterChoice EIUL

• Guaranteed interest rate 1
• Current illustrative interest rates
• Equity Indexed Account 9.91
• Fixed Account 5 (guaranteed for 1st policy
  year)
• Surrender charge period 15 Years
• Based upon last 15 Years Performance of SP 500

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MasterChoice EIUL

• Withdrawals and partial surrenders permitted
  after first year (500 minimum with a 25 charge)
• Low Cost policy loans for 1st 10 policy years
  (2 net cost)
• No Cost policy loans available after 10th year

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Current Illustrative Rate

• SP 500 Index Fixed
  
• Year Growth
  Allocation Allocation
• 1988 23.51
  17.00 5.00
  
• 1989 4.40
  4.40
  5.00
• 1990 13.40
  13.40 5.00
  
• 1991 10.53
  10.53 5.00
  
• 1992 8.08
  8.08
  5.00
• 1993 2.48
  2.48
  5.00
• 1994 17.13
  17.00 5.00
  
• 1995 25.96
  17.00 5.00
  
• 1996 28.82
  17.00 5.00
  
• 1997 24.53
  17.00 5.00
  
• 1998 22.55
  17.00 5.00
  
• 1999 7.68
  7.68
  5.00
• 2000 -14.53
  1.00
  5.00
• 2001 -17.70
  1.00
  5.00
• 2002 -6.30
  1.00
  5.00

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Allocation Dates

• Maximum of 4 purchase option dates per year
• February 15th
• May 15th
• August 15th
• November 15th
• Premiums received prior to purchase option dates
  will earn a 5 fixed interest rate in a
  short-term account until the next allocation
  date
• Premiums must be received 2 business days prior
  to the next allocation date

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MasterChoice EIUL

• Age 100 Death Benefit Guarantee
• Target premium GUARANTEES the death benefit to
  age 100 at all issue ages
• Target Male (PNT) Female (PNT)
• Age 35 7.08 5.64
• Age 45 13.20 10.56
• Age 55 18.84 15.48
• Age 65 30.96 26.40

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MasterChoice EIUL

• 15 Year Minimum Death Benefit Guarantee
• Minimum premium guarantees the death benefit for
  15 years
• Minimum Male (PNT) Female (PNT)
• Age 35 3.60 2.88
• Age 45 6.60 5.28
• Age 55 11.40 9.00
• Age 65 26.64 19.20

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MasterChoice EIUL
Two years to collect first year target and get
paid first year commission!
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MasterChoice EIUL
Example Male 45 PNT - 100,000 Target
premium - 1,320 Client pays 660 per year for 15
years of guaranteed death benefit and 43 years of
coverage on a current illustrative interest rate
of 9.91 Agent receives commission as
follows First year commission rate X 660 in
1st year First year commission rate X 660 in
2nd year Total commission is two times
the first year premium
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MasterChoice EIUL

• Catch Up Provision
• At the end of the 10th policy year and every 5
  policy years thereafter, policyholder has right
  to pay any missed target premiums from prior
  years
• By doing this, the No-Lapse Guarantee will not be
  forfeited
• Allows policyholder to pay premiums they can
  afford now and catch up target premiums to keep
  no lapse protection in effect

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MasterChoice EIUL

• Surrender Charge Waiver
• No surrender charge will be applied to all
  premiums paid in excess of target premium in any
  policy year minus a 5 premium load
• Exceptional Liquidity for 1035 Exchanges and Over
  Funded Sales
• Example
• Target premium is 1,320 with a 1035 Exchange of
  10,000. The guaranteed surrender value in the
  first year is 9,603.18

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MasterChoice EIUL

• Extended Maturity Provision
• 1 of cash value at age 100 will maintains the
  death benefit beyond age 100 with no further
  premiums
• Example
• Face amount is 1,000,000 at issue and has not
  been reduced for the life of the contract. If
  there is at least 1 of cash at age 100, the
  1,000,000 death benefit will remain in force for
  lifetime.

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MasterChoice EIUL

• Ultimate Flexibility in Choice
• Option to allocate premium payments between an
  Indexed Account and a Fixed Account
• Option to choose percentage of allocation between
  accounts as long as percentage totals 100
• Allocation percentages between Indexed and Fixed
  Accounts can be changed on policy anniversary
• Policyholder must give company notification of
  any percentage changes at least 30 days prior to
  policy anniversary

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MasterChoice EIUL

• Outstanding Features
• 100 Guaranteed Participation Rate
• Point-To-Point Annual Reset
• 17 Current Cap Rate
• 3 Minimum Guaranteed Cap Rate
• 1 Minimum Guaranteed Interest Rate
• Index Gains Linked to SP 500

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MasterChoice EIUL

• Simple Underwriting Guidelines
• No Blood (Exam and HOS Only)
• through age 40 and 500,000
• through age 50 and 250,000
• Only four underwriting bands
• Easier for client to qualify for best rates

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MasterChoice EIUL

• Liberal Underwriting Requirements
• Liberal Height Weight Chart
• Liberal Blood Pressure Readings
• 150/90 age 50 and younger
• 160/95 ages 51
• (blood pressure treatment allowed if controlled
  over
• last 2 years)

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MasterChoice EIUL

• Liberal Underwriting Requirements (cont.)
• Cholesterol Readings
• 260 age 50 and younger
• 280 ages 51 to 65
• 300 over age 65
• Cholesterol/HDL ratio cannot exceed 7.0
• (Cholesterol treatment allowed if controlled over
  last 2 years)

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MasterChoice EIUL

• Available Riders
• Accelerated Death Benefit
• Accidental Death Benefit
• Childs Level Term Insurance
• Disability Income
• Waiver Of Monthly Deduction
• Ultimate Income

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MasterChoice EIUL Summary

• With MasterChoice EIUL you have
• an EIUL that provides upside growth potential
  with downside protection
• an EIUL that provides lapse protection with death
  benefit guarantees
• an EIUL that offers ultimate flexibility with
  choice between Indexed and Fixed Account Options
• an EIUL that pays the agent for their hard work
• an EIUL that benefits the client when excess
  premiums are paid
• an EIUL that extends death benefit for lifetime
  with only 1 of cash value

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• Special Program

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MasterChoice EIUL

• Full Commissions!
• Non-Medical
• No Medical Examination
• No Blood
• No HOS
• Any fully-underwritten term or UL issued in last
  5 years
• consult ineligible carrier list

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MasterChoice EIUL

• The Hottest EIUL Product in America is Sizzling!
• Term or UL to MasterChoice Exchange
• Up through age 60
• Face amounts from 100,000 to 500,000
• Draft Initial Premium
• Preferred Class Available

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MasterChoice EIUL

• Simple Process
• Complete life application
• Attached original policy and photocopy of app
  medical exam
• Complete transfer of ownership form
• Complete exchange transmittal
• Draft Initial Premium or PAC if requested
• Replacement forms when needed

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MasterChoice EIUL

• Ineligible Carrier List
• Fidelity Guaranty Life and Americom Life
• Empire General
• Guaranteed Trust
• Lincoln Benefit
• Manhattan National
• The Midland
• Merit Life
• State Life
• United of Omaha
• U.S. Financial

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MasterChoice EIUL

• Questions and Answers