1. FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Quality of Life…Insurance ® Product Portfolio Presented by… Trevor Keeble Director of Product Training AIG Global Consumer Insurance Policies issued by American General Life Insurance Company, a member company of AIG

2. 2 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Life Insurance Purchases are Declining United States Population Individual Life Policies Sold 1983 2013 316 Million 17.7 Million 234 Million +35% 9.4 Million - 47% LIMRA US Individual Life Insurance Sales Trends, 1975-2013

3. 3 of consumers say they don’t purchase more life insurance because it’s too expensive, but consumers believe life insurance costs nearly 3 TIMES the actual price. Why aren’t people buying more coverage? Source: http://www.lifehealthpro.com/2013/08/30/the-shocking-statistics-behind-the-life-insurance?t=prospecting&page=7http://www.lifehealthpro.com/2013/08/30/the-shocking-statistics-behind-the-life-insurance?t=prospecting&page=7 Date: 8/7/2015 Annual cost for a 20-year, $250,000 level term policy for a healthy 30-year old What most Americans believe it would cost What it would actually cost

4. 4 How long would the benefits from your current insurance policy replace your income for your family if you were gone? How Much Do I Need? 1.Source: 2014 Insurance barometer study, Life Happens and LIMRA INCOME REPLACEMENT 31% say that they would feel the financial impact from the death of the primary wage earner in 1 MONTH 1

5. 5 The average American mortgage debt is? 1.Source: http://www.gobankingrates.com/savings-account/average-american-profile-earnings-spending-saving-money-today/, 2014http://www.gobankingrates.com/savings-account/average-american-profile-earnings-spending-saving-money-today/ How Much Do I Need? MORTGAGE FUNDING $147,591 1

6. 6 *Source; Expenditures on children by families, 2013. USDA & savings for college www.savingforcollege.com/tutorial101/the_real_cost_of_higher_education.php, Oct 2014 www.savingforcollege.com/tutorial101/the_real_cost_of_higher_education.php EDUCATION FUNDING How Much Do I Need? The average cost of raising a child until the age of 18 is: $245,340* Add the cost of tuition for a four year college, bringing a child to age 22 will cost as much as: $557,540*

7. 7 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Critical and Chronic Illness Concerns The importance of having access to death benefits while living is highlighted by some staggering statistics

8. 8 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Health care costs are a significant expense that must be addressed People often tap into retirement assets to pay for these unplanned expenses – leaving a comfortable retirement at risk 8

9. FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Major Heart Attack Coronary Artery Bypass Stroke Invasive Cancer Blood Cancers: Leukemia, Lymphoma and Multiple Myeloma Major Organ Transplant End Stage Renal Failure Paralysis Coma Severe Burn Major Heart Attack Coronary Artery Bypass Stroke Invasive Cancer Blood Cancers: Leukemia, Lymphoma and Multiple Myeloma Major Organ Transplant End Stage Renal Failure Paralysis Coma Severe Burn An illness or physical condition that is certified by a physician to be reasonably expected to result in the insured’s death within 24 months from the date of certification An illness or condition certified within the last 12 months and affects the insured person so that he or she: -Is unable to perform at least two of the six Activities of Daily Living (ADLs) or -Requires substantial supervision by another person to protect the insured person from threats to health and safety due to severe cognitive impairment ADLs: Bathing, Dressing, Toileting, Transferring, Continence, Eating An illness or condition certified within the last 12 months and affects the insured person so that he or she: -Is unable to perform at least two of the six Activities of Daily Living (ADLs) or -Requires substantial supervision by another person to protect the insured person from threats to health and safety due to severe cognitive impairment ADLs: Bathing, Dressing, Toileting, Transferring, Continence, Eating 123 SelectChoice SM Accelerated Benefit Rider Features *SelectChoice not available in CA, CT, or MT. With respect to any accelerated death benefit rider that is generally attached by the Company to a life insurance policy automatically, you may instruct the Company not to include such rider in a policy issued to you.

10. FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION SelectChoice SM ABR Features 1.Flexible Accelerated Benefit: No-cost Accelerated Benefits Automatically added to all eligible Quality of Life…Insurance ® UL and term policies Allows owner to accelerate some or all of the life insurance death benefit in the event the insured is diagnosed with a Qualifying Event: Critical, Chronic or Terminal illness

11. FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION 2. Defined Accelerated Benefit (DAB)*: Optional and may be purchased for an additional premium with eligible Quality of Life…Insurance ® UL and term policies The DAB for the initial Qualifying Event, where a claim is made, is determined by a fixed percentage between 5%-15% The DAB for a subsequent Qualifying Event is calculated using a reduced percentage: 20% of initial DAB percentage Subject to underwriting approval (Up to Table D) Allows the owner to accelerate a defined amount of the life insurance death benefit in the event the insured is diagnosed with a Qualifying Event: Critical, Chronic or Terminal illness SelectChoice SM ABR Features *Not available in CA, CT, or MT

12. FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION How Does It Work?  You purchases a $250,000 Quality of Life…Insurance product at age 40, which includes the SelectChoice Accelerated Benefit Rider  For an additional premium, you also purchase a 10% Defined Accelerated Benefit  Ten years later you suffer a major heart attack, but the prognosis for recovery is excellent  The medical costs associated with this event are substantial causing you to consider your options. To help cover these expenses, you accelerate the $25,000 Defined Accelerated Benefit for Critical Illness  The remaining death benefit is $225,000 which could also be accelerated under the Flexible Accelerated Benefit

13. FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION How Does It Work?  You then file a claim for another $25,000 under the Flexible Accelerated Benefit  AGL determines the benefit and makes an offer based on the severity of your condition and how it will affect your life expectancy  If you accept this offer, the death benefit will be reduced by $25,000. You will receive less than $25,000 because you are receiving a portion of the death benefit today, rather than at the end of life expectancy (discounting)  In this case, you received an offer from AGL for an amount of $11,222*. You could elect to take all, part or none of the offer  You decide to take the $11,222* today and now have a remaining death benefit is $200,000 *Amount is hypothetical and actual payment will vary be individual case.

14. 14 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Company Product Offerings Term Short-term protection needs ULG Guaranteed Protection ULC Protection + Cash Accumulation IUL Protection + Strong Cash Accumulation Whole Life Guaranteed protection+cash AIG LSW MetLife Accordia Nationwide Transamerica Quality of Life... Insurance® Broad Portfolio to Meet Many Needs * Available for final expense policies only, up to $50K BROADEST portfolios in the industry Flexibility to design the RIGHT coverage for your clients

15. 15 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Riders may be subject to state variations. UL ^ : Universal Life * Benefit amount based upon current CV, NAR, age at claim and other factors specified in policy. ** Riders also include 90 day elimination period to meet eligibility criteria. Quality of Life... Insurance® Quality of Life... SelectChoice Accelerated Benefit Rider Accordia Accelerated Access Rider North American Accelerated Death Benefit Endorsement LSW Accelerated Benefits Riders Transamerica Trendsetter® LB Accelerated Death Benefits Available Chassis Term, UL ^, Indexed UL, Guarantee UL UL, Indexed ULGuarantee UL, Indexed ULTerm, Indexed UL, ULTerm Only Chronic Illness Maximum Acceleration  Lesser of 100% of DB or $1,500,000  Varies – Only available in individual policy form*  Lesser of 100% of DB or $1,000,000  Lesser of 100% of DB or $1,500,000  Lesser of 90% of DB or $500,000 Critical Illness Maximum Acceleration  Lesser of 100% of DB or $1,500,000 None  Lesser of 25% of DB or $50,000 Max Payout :$20,000  Lesser of 100% of DB or $1,000,000  Lesser of 90% of DB or $500,000 Terminal Illness Maximum Acceleration  Lesser of 100% of DB or $1,500,000  Lesser of 50% of DB or $250,000  Lesser of 75% of DB or $750,000  Lesser of 100% of DB or $1,500,000  Lesser of 100% of DB or $500,000 Waiting Period** Chronic Illness: 30 day waiting period Critical Illness: 30 day waiting period None Chronic Illness: 2 year waiting period Critical Illness: 30 day waiting period Available on all UW classes  Chronic illness: Up to Table D Chronic illness: Up to Table 4 Chronic illness: Up to Table D; Critical Illness: No table rating  - Term only Qol Advantage?  Defined Benefit Available  Real Benefits + Real Flexibility = Real Protection

16. FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION QoL Flex Term

17. 17 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Compare with Traditional Term Insurance Event Traditional Term Ins QoL Flex Term Ins DeathYes Invasive CancerNoYes! Heart AttackNoYes! StrokeNoYes! QoL Flex Term

18. 18 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION FeatureAdditional Details Coverage up to 35 years -22 level premium periods with guaranteed coverage -Juvenile and senior coverages available Attractive Conversion Guidelines -Convertible for up to 80% of the initial term period, or age 75 -Without evidence of insurability -Can convert with ABRs QoL Advantage -Bundle more than 1 policy for multiple policy discounts* -Policy fee reductions QoL Flex Term – Power Features 3 *Subject to qualifications

19. 19 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION QoL Flex Term – Product Specifications SpecificationAdditional Details Issue Ages 0-80 (Age nearest birthday) *Term periods limited for older ages Minimum Face Amounts $50,000 (Ages 0-19) $100,000 (Ages 20+) Underwriting Classes Preferred Plus Standard Preferred Preferred Tobacco Standard Plus Standard Tobacco Substandard Tables B-H Additional Riders Premium Waiver Children’s Term (Up to $25,000) 4

20. 20 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION QoL Flex Term – Conversion Rules Conversion Period = 80% of the term period Example: 30 year term convertible for 24 years Maximum Conversion Age = 75 Convertible to QoL Universal Life without Evidence of Insurability Can be converted to any UL policy currently in the portfolio Conversion Credit: 1 st year premium if converted in first 5 policy years *Pro Rata for partial conversion, applied to accumulated value of UL policy 5

21. FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION QoL Flex Term – Partial Conversions $1 Million 30 Year Term $400,000 QoL Index Plus II Partial conversion credit for converted amount $600,000 Remaining Term New premium based on lower face, using original issue age A competitive opportunity in the industry!

22. 22 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Monthly amount more with QoL – Male, $250K Face Amount, 20-Year Term Monthly amount more with QoL – Female, $250K Face Amount, 20-Year Term Comparison of the monthly premiums of QoL Flex Term versus fourteen of its key competitors: Accordia Term Life, ANICO Signature Term, AXA Equitable Term 20, Banner OPTerm, John Hancock 20 Year Level Premium Term, Life Insurance Company of the Southwest Level Term, Lincoln LifeElement Level Term 20, MetLIfe Guaranteed Level Term 20, Nationwide YourLife GLT 20 Year Term, New York Life 20 Year Level Term, North American ADDvantage 20, Pacific Life Prime Term 20, Prudential Term Essential 20, and Transamerica Trendsetter LB. Current as of July 23, 2015. The rates used for OoL Flex Term are effective August 3, 2015. Legend:Within $5 or 15%Not within $5 and beyond 15% QoL Flex Term in Key Cells vs. Key Competitors $250K 202530354045505560 PPNT $0.78 $1.22$2.53$2.31$2.97$5.59$8.00 PNT $1.48 $1.50$1.22$1.79$0.95$2.53$4.28$5.59 SPNT $2.70 $2.32$2.19$2.05$2.59$4.06$5.16$8.00 SNT $1.77$1.66$1.44$1.66$2.09$2.97$5.25$7.56$12.81 PT $4.88$3.00$5.27$2.41$4.14$5.48$6.32$8.22$6.63 ST $7.44$5.38$7.72$3.93$10$8.77$16.67$16.20$41.18 202530354045505560 PPNT $1.24 $1.46$1.06$1.69$2.31$3.38$4.94$13.03 PNT $1.84 $1.46$2.35$2.75$4.64$5.81$6.91 SPNT $2.17 $2.22$2.96$3.10$3.84$5.59$8.00$5.38 SNT $2.82$1.49$1.44$1.88$1.65$3.63$6.03$8.88$15.22 PT $10.06$6.05$6.42$5.59$13.22$13.11$14.51$13.79$30.79 ST $9.74 $13.73$8.78$16.71$22.25$10.05$26.85$42.74 10

23. FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION QoL Advantage 13

24. FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION We do this by helping consumers meet their financial objectives at an affordable price through a “bundled” solution: Policy fee reduction Volume discount based on aggregate coverage Bonus crediting on select UL products QoL Advantage – What is it? QoL Advantage is a discount program in place to support our commitment to help solve the increased life insurance needs of consumers today. 14

25. FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION QoL Flex Term – QoL Advantage  Available as a standalone policy; or  Can be purchased with another QoL Universal Life policy as part of QoL Advantage, which may include: Policy fee reduction (up to $75/yr per term policy) Volume discount based on aggregate amount of coverage between all policies, including Universal Life if applicable.  Can be quoted using our Flex Term Quick Quote spreadsheet as well as Passport (web-based illustration software). 15

26. FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION RequirementsDiscount Same: Insured, Owner, Billing, Application Date $75 Same: Insured, Owner, Billing Different: Application Date OR Same: Owner, Billing Different: Insured $39 Same: Insured, Owner Different: Billing OR Same: Insured, Billing Different: Owner $25 Policy Fee Discounts 16

27. FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION QoL Advantage banding: Band 2: $ 250,000 - $499,999 Band 3: $ 500,000 - $999,999 Band 4: $1,000,000 and up The higher the total face…the lower per unit of insurance. What is the “volume” discount? 17

28. FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Sales Idea- QoL Advantage Laddering Policies to Save Money * *Clients should consult a financial professional to determine if the laddering technique is appropriate for their situation.

29. FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Sales Idea – Laddering Policies to Save Money The Scenario Dennis is 40 years old, preferred non-tobacco, and is looking for coverage to help ensure his family is protected He is concerned about having coverage until his 2 children finish college Also concerned about having coverage for the remaining 21 years on his mortgage

30. FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Sales Idea – Laddering Policies to Save Money Case Details Purpose Without QoL Advantage With QoL Advnantage 10 Year 100k DB Child 1 Through College $13.78$5.34 15 Year 100k DB Child 2 Through College $14.57$5.43 21 Year 200k DB Mortgage Protection $29.00$23.59 Total$57.35$34.35 $23 Savings Per Month!

31. FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Sales Idea – Laddering Policies to Save Money Summary Dennis purchased 3 QoL Flex Term policies to meet his different needs By using QoL Advantage he was able to save $23 per month Total Saved $12,696

32. FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Sales Idea – Laddering Policies to Save Money Benefits of Laddering Protection through both kids’ completion of college Protection for the length of the mortgage Living Benefits – Access to DB in event of critical, chronic, or terminal illness Can convert any of the term polices down the road if insurance needs change

33. FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION QoL Index Plus II

34. 34 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION IUL Production Has Shown Significant Growth In The Last Decade Source: Wink’s Sales and Market Report and LIMRA Index UL Market Overview IUL represented 53% of UL and 20% of all individual life insurance premium sold during the first half of 2015.

35. 35 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION FeatureDetails Additional Information Issue Ages0-80 Extended Guarantee Lesser of 25 years or age 80 -No less than 5 years -Level DB only -Maximum issue age-74 Death Benefit OptionLevel or Increasing Surrender Charge14 Years Index Plus II Product Features

36. 36 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Index Plus II Product Features FeatureDetailsAdditional Information Guaranteed Interest Rate 2% 0.25% Declared Fixed Account Cap Rate Indexed Account Participation Rate Indexed Account Minimum Face Amount $50,000 $100,000 Standard Underwriting Preferred Underwriting Premium Banding $50,000-$99,999 $100,000-$249,999 $250,000+

37. 37 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Policy Issue Dates QoL Index Plus II is issued on certain days of the month: 5 th, 12 th, 20 th, 28th Can draft first premium Payroll deduction on 5 th & 20th

38. 38 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Interim Account Holds net premiums, lump sums, and loan repayments received off month-iversray 2% minimum Guaranteed Rate Interest calculated on a daily basis Money moves from Interim Account into index account(s) on next allocation date

39. 39 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Protected Money  During the first five years of the policy, premiums paid in excess of the cumulative monthly benchmark premiums are “Protected” from the application of surrender charges and premium expense charges.  100% of Protected Money is accessible with cash surrender.  Protected Money equals:  Total Premium Paid minus Total Benchmark Premium Let’s look at an example… QoL Index Plus II

40. 40 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Benchmark Premium $5,000 MonthPremium PaidLump Sum DepositProtected Money 1$5,000$100,000 2$5,000-0-$100,000 3$5,000-0-$100,000 4$5,000-0-$100,000 5$5,000-0-$100,000 Protected Money Example

41. 41 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION  While this provision is in effect, the policy will not enter the grace period when the loan balance exceeds the cash value. This provision will not go into effect until ALL of the conditions are met: –A policy loan is in the 11 th policy year or later –A loan is requested that is not in excess of 25% of the cash value –There are no other loans in effect at the time of the loan request –The provision has not been in effect previously Overloan Protection Provision

42. 42 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Cap Rate Index Account Current Cap Rate11.00% Illustrated Rate6.62% Minimum Guarantee0.25% Participation Rate Index Account Current Participation Rate70% Illustrated Rate6.62% Minimum Guarantee0.25% Declared Interest Account Current Rate3.25% Minimum Guarantee2.00% Crediting Strategies/Rates

43. 43 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Index Cap Account  Calculates interest based on S&P 500 change over one year  Credited at end of year  Point-to-point compares ending vs. beginning value  Credit up to current cap rate (11%) Hypothetical Example Beginning S&P 500 Index Value 1250 Ending S&P 500 Index Value 1470 Non-Guaranteed Cap Rate 11% The index percentage change is calculated as follows: 1470 - 1250 ___________ 1250 ()= 17.6% 11% credited to the policy Rates current as of 9/28/15

44. 44 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Participation Rate Account  Calculates interest based on S&P 500 change over one year  Credited at end of year  Point-to-point compares ending vs. beginning value  Percentage change multiplied by participation rate  That difference is credited to the policy Hypothetical Example Beginning S&P 500 Index Value 1250 Ending S&P 500 Index Value 1470 Non-Guaranteed Participation Rate 70% The index percentage change is calculated as follows: 1470 - 1250 ___________ 1250 ()= 17.6% 12.3% credited to the policy Index Change times Participation Rate Rates current as of 9/28/15

45. 45 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION –New accounts are created as premiums are paid –Each Index Account has a duration of 12 months –Additional net premium and lump sum deposits create new accounts Index Accounts

46. 46 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Historical Performance 1-year S&P 500 Cap Account 1-year S&P 500 Participation Account Begin DateEnd DateIndex Growth Rate Hypothetical Interest Credited 1/1/199512/31/199534.11%11.00% 23.88% 1/1/199612/31/199620.26%11.00% 14.18% 1/1/199712/31/199731.01%11.00% 21.71% 1/1/199812/31/199826.67%11.00% 18.67% 1/1/199912/31/199919.53%11.00% 13.67% 1/1/200012/31/2000-10.14%0.25% 1/1/200112/31/2001-13.04%0.25% 1/1/200212/31/2002-23.37%0.25% 1/1/200312/31/200326.38%11.00% 18.47% 1/1/200412/31/20048.99% 6.30% 1/1/200512/31/20053.00% 2.10% 1/1/200612/31/200613.62%11.00% 9.53% 1/1/200712/31/20073.53% 2.47% 1/1/200812/31/2008-38.49%0.25% 1/1/200912/31/200923.45%11.00% 16.42% 1/1/201012/31/201012.78%11.00% 8.95% 1/1/201112/31/20110.00%0.25% 1/1/201212/31/201213.41%11.00% 9.38% 1/1/201312/31/201329.60%11.00% 20.72% 1/1/201412/31/201411.39%11.00% 7.97% Compound Annual Average 7.79%7.33%9.49% Source: https://finance.yahoo.com/q/hp?s=%5EGSPC+Historical+Prices 8/28/2015https://finance.yahoo.com/q/hp?s=%5EGSPC+Historical+Prices

47. 47 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION  Fixed Rate – Known in Advance  Available in any policy year as long as there is positive cash surrender value  Loaned amounts are removed from the index, declared interest, and interim accounts on a pro-rata basis  6% Net Loan Rate Policy Loan Types Standard Loan

48. 48 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION  Work the same as Standard Loans, BUT: Policy Loan Types Preferred Standard Loan Available in policy years 11+ 0% Net Cost

49. 49 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION  Available beginning in 4 th policy year  Fixed 6% loan rate  Cannot be changed once policy is issued  Loaned amounts are NOT removed from accounts and are still eligible for index or excess interest  Participate in index returns = potential for positive arbitrage Policy Loan Types Choice Loan

50. 50 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION How It Works Preferred Standard Loan $100,000 Cash Surrender Value $20,000 Loan 7% Remaining Cash Value $80,000 2% Charged $20,000 Loan 2% Credited Removed from cash value

51. 51 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION How It Works Choice Loan 7% $100,000 Cash Surrender Value $20,000 Loan 6% Charged Full cash value remains 7% Credited Rate 6% Loan Rate 1% Positive Arbitrage

52. 52 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION ABC Hypothetical Index Interest Credited Current Loan Interest Charged Spread = A-B 1%6%-5% Loss 6% 0% 8%6%2% Gain 11%6%5% Gain Choice Loan Example

53. 53 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Loan Comparison Preferred Standard Loan Participating Fixed Loan Guaranteed Loan Rate Provides tax-free income Unpaid loan deducted from death benefit Potential for indexed gains Loaned amounts removed from account value

54. 54 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION  Less expensive  Withdraw to basis and then loan provides greater cash flow Expect Market to be Flat or Down? Standard Loan

55. 55 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION  “Arbitrage” possible  Could be greater cash value in the long run  Generally illustrates more cash flow than fixed  100% Choice loan illustrates greater income stream Expect Market to be Growing? Choice Loan

56. 56 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Additional Information  Loan option is chosen at time of request, not issue  Only one loan type is available at a time  Client has the ability to switch from a Standard Loan to a Choice Loan, or vice versa  Maximum of 3 times during the life of the contract  Entire loan balance switches

57. 57 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Sales Idea-Retirement Income

58. 58 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Sales Idea-Retirement Income

59. 59 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Sales Idea-Retirement Income Continued Cash Value and Death Benefit Growth

60. 60 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION  Total Premiums Paid = $162,000  Total Tax-Free Retirement Income = $603,760 Sales Idea-Retirement Income What Did We Accomplish? Almost 4 TIMES!!! more money received than paid

61. FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION QoL Guarantee Plus

62. FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION QoL Guarantee Plus Offers GUARANTEED* death benefit protection All you need to do to make sure coverage remains in place is pay your premiums on time Predictable protection: Even if interest rates change or cost of insurance increases, you can be sure your coverage will always be there *Guarantees are based upon the claims-paying ability of the issuing insurance company.

63. FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION QoL Guarantee Plus QoL Guarantee Plus helps provide guaranteed death benefit protection for:  Income Replacement  Mortgage Payoff  Legacy Die too soon Protection For Major Life Events Live too long CustomerChoice ® Lifestyle Income Rider helps provide protection for: Get sick along the way Critical, Chronic & Terminal Illness ABRs helps provide protection for:  Living longer than expected / didn’t save enough  Unexpected expenses (roof, furnace, A/C, auto repairs, etc.)  Return a portion of premium paid  And so much more!  Health Care Costs from Critical, Chronic or Terminal Illness  Expenses – medical and non-medical – related or unrelated to diagnoses

64. FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION FeatureDetailsAdditional Information Issue Ages0-80 No Lapse Guarantee To Age 121 (or specified length) To age 100 with Lifestyle Income Rider Death Benefit OptionLevel only Product Features

65. FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Product Features FeatureDetails Additional Information Guaranteed Interest Rate2%Compounded Annually Minimum Face Amount $50,000 $100,000 Standard Underwriting Preferred Underwriting Premium Banding $50,000 to $99,999 $100,000 +

66. FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Accelerated Benefit Rider California QoL ® SelectChoice ABR All Other States Waiver of Specified Premium Rider Accidental Death Benefit Children’s Term Life Additional Insurance Option Additional Insured Maturity Extension CustomerChoice Lifestyle Income Rider Rider availability may vary by state. Available Riders

67. FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION The next step in the evolution of Quality of Life…Insurance.  Death  Critical Illness  Chronic Illness  Terminal Illness  Longevity Risk CustomerChoice ® Lifestyle Income Rider Can turn your policy’s death benefit into guaranteed retirement income

68. FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Issue Ages = 18 – 70 Only available “At Issue” Only available on QoL Guarantee Plus No additional Underwriting requirements Available on Substandard to Table P CustomerChoice ® Lifestyle Income Rider Issue Guidelines

69. FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Customer Choice ® Lifestyle Income Rider Issue Guidelines Policy must be guaranteed to age 100 Policy must be paid up prior to taking benefits Minimum Guaranteed Withdrawal Benefit = $500/month

70. FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Customer Choice ® Lifestyle Income Rider Eligibility Requirements Guaranteed Withdrawal Benefit cannot begin prior to the policy’s 15 th anniversary For full, undiscounted benefit age 85 is earliest age to begin benefit payout

71. FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Guaranteed Withdrawal Benefit The standard benefit period is 120 months (10 years), or longer The owner may request to withdraw a lesser amount (Could extend benefit period beyond 120 months) Benefit payments can be stopped and restarted at any time Benefit is guaranteed regardless of the Cash Surrender Value of the policy Benefit payments are tax free up to the cost basis. Excess is taxable income in the year it is received

72. FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Remainder Payment Any remaining amount after the 120 equal Guaranteed Withdrawal Benefit payments will be disbursed as the 121 st payment. 120 payments of the Guaranteed Withdrawal Benefit amount may not equal the Total Guaranteed Benefit provided by the rider.

73. FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Benefits may begin before age 85 provided the policy is paid up to age 100 and has been inforce at least 15 years The Adjusted Benefit Payment will be less than the full Guaranteed Withdrawal Benefit The Death Benefit however will still be reduced by the full “undiscounted” amount The Early Withdrawal factors vary by: Issue Age, Age Benefits Begin Early Withdrawal Benefits

74. FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Case Study CustomerChoice ® Lifestyle Income Rider

75. FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Meet Jacob 1, Age 55 – Planning for Retirement Has a need for $385,000 of life insurance. Concerned that market volatility will prevent him from meeting his financial objectives. Goal is to maintain his standard of living through retirement. How can we help Jacob meet his retirement needs? 1 Illustrative example. Not a real case.

76. FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION The representative offers Jacob a solution with: Guaranteed Universal Life Insurance to age 100 – Paid to age 85 – $7,659 annual premium ($229k total premium paid) Guaranteed Retirement Benefits – Up to $3,195 of monthly Guaranteed Withdrawal Benefit at age 85 – 120 months for the maximum Guaranteed Withdrawal Benefit amount How does this solution help meet Jacob’s goals? Recommendation

77. FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Age 55 Coverage Issued

78. FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Age 55 Age 85 Distributions Begin Monthly income is paid and reduces Death Benefit $2,500 a month

79. FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Age 55 Age 85 Age 95 Death Benefit is reduced to $85,000 by end of the benefit period or Stop benefits Continue $2,500 a month *Total premium paid = $229,000

80. FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION QoL Guarantee Plus GUL with Differentiated Living Benefits Male, 50, Preferred Non-tobacco, Premium for $500,000 level DB, guaranteed/carried to Age 121. State of Colorado. *Rates as of 08/20/2015. Note that Nacolah’s Custom Guarantee and Columbus Life Voyager 2010 UL max pay is to age 100 but guarantees to lifetime. PacLife Versa-Flex 2014 is illustrated at Basic ar 50% and ARTR Coverage at 50%. Every attempt has been made to verify the accuracy of this information, but rates are subject to change at any time. These carriers are peer group competitors. ** Riders that are paid through additional COIs and have dollar for dollar death benefit reduction at the time of claim. Company/Product Guaranteed to Age Annual Premium Chronic Illness/LTC Rider Critical Illness Rider Guaranteed Cash Values to Age100 North American Company Custom Guarantee® (Gen 8) 121$4,758  AGL QoL Guarantee Plus 121$4,920  Columbus Life Insurance Company Voyager 2010 UL 120$4,967   Prudential PruLife® Universal Protector (2013) 120$5,076 The Lincoln National Life Insurance Company Lincoln LifeGuarantee® UL (2013) 120$5,610 Pacific Life V Versa-Flex NLG 2014 121$6,519

81. FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Female, 40, Standard Non-tobacco, Premium for $500,000 level DB, guaranteed/carried to Age 121. State of Colorado. QoL Guarantee Plus GUL with Differentiated Living Benefits Company/Product Guaranteed to Age Annual Premium Chronic Illness/ LTC Rider Critical Illness Rider Guarantee d Cash Values to Age100 North American Company Custom Guarantee® (Gen 8) With ABRs 121$2,980   AGL QoL Guarantee Plus with ABRs 121$3,529  Prudential PruLife® Universal Protector (2013) with BenefitAccess Rider** 120$4,129   The Lincoln National Life Insurance Company Lincoln LifeGuarantee® UL (2013) With LifeEnhance Accelerated Benefits Rider** 120$4,145   Pacific Life V Versa-Flex NLG 2014 with Premier Living Benefits Rider 120$4,392   *Rates as of 08/20/2015. Note that Nacolah’s Custom Guarantee max pay is to age 100 but guarantees to lifetime. PacLife Versa-Flex 2014 is illustrated at Basic ar 50% and ARTR Coverage at 50%. Every attempt has been made to verify the accuracy of this information, but rates are subject to change at any time. These carriers are peer group competitors. ** Riders that are paid through additional COIs and have dollar for dollar death benefit reduction at the time of claim.

82. FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION QoL Guarantee Plus with Continued Innovation for Living Benefits (Lifestyle Income Rider) Male, 55, Preferred Non-tobacco, Premium for $1,000,000 level DB, guaranteed/carried to Age 100. State of Colorado. *Rates as of 08/20/2015. Current Assumption UL Products illustrated at current rates: 4.50% for Accordia Life Assure, 4.7% for MetLife Secure Flex UL, 4.25% for LSW Foundation UL, ** Riders that are paid through additional COIs and have dollar for dollar death benefit reduction at the time of claim. Every attempt has been made to verify the accuracy of this information, but rates are subject to change at any time. These carriers are peer group competitors. More protection for less total cost! Company/Product Pay To Age Guarantee to Age Cumulative Premiums to Age 95 Annual Premium Chronic Illness/ LTC Rider Critical Illness Rider Guaranteed Cash Values to Age100 Guaranteed Income At Age 85 QoL Guarantee Plus with ABRs + Lifestyle Income Rider 85100$395,130$13,171  Prudential PruLife® Universal Protector (2013) with BenefitAccess Rider** 100 $534,920$13,373   MetLife Secure Flex Universal Life SM 10086$535,480$13,387 Pacific Life Versa-Flex NLG 2014 with Premier Living Benefits Rider 100 $608,120$15,203   Accordia Life Life Assure with Accelerated Access Rider 10075$631,680$15,792  National Life LSW Foundation UL* with Accelerated Benefit Rider 10084$900,120$22,503 

83. FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION QoL Performer Plus

84. 84 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION FeatureDetails Additional Information Issue Ages0-85 Extended Guarantee Lesser of 25 years or age 80 -No less than 5 years -Level DB only -Maximum issue age-74 Death Benefit OptionLevel or Increasing Surrender Charge19 Years Performer Plus Product Features

85. 85 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Performer Plus Product Features FeatureDetails Additional Information Guaranteed Interest Rate 4% 2.25% First 5 years Years 6+ Minimum Face Amount $15,000 $100,000 Standard Underwriting Preferred Underwriting Premium Banding $15,000-$24,999 $25,000-$99,999 $100,000-$249,999 $250,000+

86. 86 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Protected Money  During the first five years of the policy, premiums paid in excess of the cumulative monthly benchmark premiums are “Protected” from the application of surrender charges and premium expense charges.  100% of Protected Money is accessible with cash surrender or policy loan.  Protected Money equals:  Total Premium Paid minus Total Benchmark Premium Let’s look at an example… QoL Performer Plus

87. 87 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Benchmark Premium $5,000 YearPremium PaidLump Sum DepositProtected Money 1$5,000$100,000 2$5,000-0-$100,000 3$5,000-0-$100,000 4$5,000-0-$100,000 5$5,000-0-$100,000 Protected Money Example

88. 88 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION  Interest Crediting Fairness Doctrine –Originally developed and deployed by AGL. –4% “GUARANTEED” minimum crediting during the 1 st five policy years (2.25% in years 6+)  One of the highest in the industry in “Current Crediting” BandYears 1-5Years 6-10*Years 11+* $15,000 – 24,9994.25%4.375%4.50% $25,000 – 99,9994.75%4.875%5.00% $100,000+5.00%5.125%5.25% Competitive Interest Crediting *Includes bonus crediting of.125% in years 6-10 and an additional.125% in years 11+. Bonus is guaranteed when the current interest crediting rate is greater than 2.25%

89. FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Disclaimer The information presented herein is not a comprehensive analysis of the topic presented, and the viewer should consult tax and legal advisors to understand all the ramifications of the topics discussed. No representation or warranty, express or implied, is made by AGL or its affiliates as to the completeness of the information provided. All companies mentioned, their employees, financial professionals and other representatives are not authorized to give legal, tax or accounting advice. Applicable laws and regulations are subject to change and individuals should consult an attorney, tax advisor or accountant. Any tax statements in this material are not intended to suggest the avoidance of U.S. federal, state or local tax penalties. To ensure compliance with requirements imposed by U.S. Treasury Regulations, we inform you that any tax advice contained in this presentation (including any attachments) is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code or (ii) promoting, marketing or recommending to another party any transaction or matter addressed herein.

90. FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Policies issued by American General Life Insurance Company (AGL). Issuing company AGL is responsible for financial obligations of insurance products and is a member of American International Group, Inc. (AIG). Guarantees are backed by the claims-paying ability of the issuing insurance company. AGL does not solicit business in the state of New York. Policies issued by American General Life Insurance Company (AGL). Issuing company AGL is responsible for financial obligations of insurance products and is a member of American International Group, Inc. (AIG). Guarantees are backed by the claims-paying ability of the issuing insurance company. AGL does not solicit business in the state of New York. Products may not be available in all states and product features may vary by state. Please refer to your policy. For policy forms ICC14-14579, 14579, Rider #s ICC10 AGL ABR, AGL ABR, ICC14-14012,14012 ICC14-14018, 14018, ICC14-14390, 14390, AGL 05AHC, AGL EMD-DB, ICC14- 14002, 14002, 14306 and state variations. © 2014 American International Group, Inc. (AIG). All rights reserved. (1)When filing a claim for Qualifying Critical Illness, Qualifying Terminal Illness or Qualifying Chronic Illness under an Accelerated Benefit Rider, the claimant must provide to the Company a completed claim form (with Certification attached in the case of a Qualifying Chronic Illness) which must be received at its Administrative Center within the time frame specified in the Rider, if any. (2) Under certain circumstances where an insured’s mortality (i.e., our expectation of the insured’s life expectancy) is not significantly changed by a Critical Illness or Chronic Illness, the accelerated benefit may be zero. (3) The failure to provide a required claim form and a required election form (with the requested attachments) within the periods set forth for each in a Policy, if any, may preclude payment of a benefit. (4) Benefits payable under an accelerated benefit rider may be taxable. Neither American General Life Insurance Company nor any agent representing it is authorized to give legal or tax advice. Please consult a qualified legal or tax advisor regarding questions concerning the information and concepts contained in this material. (5) Generally, we will send you an IRS Form 1099-LTC if you receive an accelerated death benefit on account of a Chronic Illness or a Terminal Illness. We will send you an IRS Form 1099-R if you receive an accelerated death benefit on account of a Critical Illness. The sum that will be included in Box 2 (Accelerated death benefits paid) of IRS Form 1099-LTC or in Box 1 (Gross distribution) of IRS Form 1099-R will be the actual sum you received by check or otherwise minus any refund of premium and/or loan interest included with our benefit payment plus any unpaid but due policy premium, if applicable, and/or pro rata amount of any loan balance. (6) The maximum amount of life insurance death benefits that may be accelerated as to an Insured Person under all accelerated benefit riders is the lesser of the existing amount of such death benefits or a lifetime maximum of $1,500,000. (7) See your policy for details. Disclosures Applicable to the Critical Illness Accelerated Benefit Rider and the Terminal Illness Accelerated Benefit Rider Only Important: Prior to soliciting business, be certain that you are appropriately licensed and appointed with the insurer and that the product has been approved for sale by the insurer in That state. If uncertain, contact your American General Life Companies representative for assistance. Important Information

91. American International Group, Inc. (AIG) is a leading international insurance organization serving customers in more than 130 countries.. AIG companies serve commercial, institutional, and individual customers through one of the most extensive worldwide property-casualty networks of any insurer. In addition, AIG companies are leading providers of life insurance and retirement services in the United States. AIG common stock is listed on the New York Stock Exchange and the Tokyo Stock Exchange. Additional information about AIG can be found at www.aig.com | YouTube: www.youtube.com/aig | Twitter: @AIG_LatestNews | LinkedIn: http://www.linkedin.com/company/aig AIG is the marketing name for the worldwide property-casualty, life and retirement, and general insurance operations of American International Group, Inc. For additional information, please visit our website at www.aig.com. All products and services are written or provided by subsidiaries or affiliates of American International Group, Inc. Products or services may not be available in all countries, and coverage is subject to actual policy language. Non-insurance products and services may be provided by independent third parties. Certain property-casualty coverages may be provided by a surplus lines insurer. Surplus lines insurers do not generally participate in state guaranty funds, and insureds are therefore not protected by such funds.