2. 1 PR-1223 11/08 FOR AGENT USE ONLY. NOT TO BE USED FOR CONSUMER SOLICITATION PURPOSES Click here to End Presentation Universal Life Insurance with Return of Premium Benefit

3. 2 PR-1223 11/08 FOR AGENT USE ONLY. NOT TO BE USED FOR CONSUMER SOLICITATION PURPOSES Click here to End Presentation Custom Accumulator ® III $50,000 minimum face amount Issue ages –15 days to age 75 (non tobacco) –Age 18-70 (tobacco) Super Preferred rate class available

4. 3 PR-1223 11/08 FOR AGENT USE ONLY. NOT TO BE USED FOR CONSUMER SOLICITATION PURPOSES Click here to End Presentation Custom Accumulator ® III Cash Value Accumulation Test (CVAT) Return of premium –Age 0-64 = 95% years 1-5, 100% years 6-10 –Age 65+ = 95% years 1-5, 100% years 6-7 Withdrawals available year 2 (limitations apply) Non-guaranteed interest rate bonus * * Not available in all states; bonus interest not applied to loaned funds

5. 4 PR-1223 11/08 FOR AGENT USE ONLY. NOT TO BE USED FOR CONSUMER SOLICITATION PURPOSES Click here to End Presentation Chronic Illness Accelerated Benefit Rider * No cost at issue! No special underwriting  Available To Age 75 up to Table 4  2 of 6 Activities of Daily Living (ADLs), Severe Cognitive Impairment requiring substantial supervision, physician certification, 90 day elimination period  One election every 12 months  Maximum per election is lesser of 24% of Death Benefit or $240,000  Minimum per election is lesser of 5% or $75,000  $200 administration fee per election (may vary by state)  Amount adjusted for expected mortality * Accelerated Benefit Rider for Continuous Confinement in MN

6. 5 PR-1223 11/08 FOR AGENT USE ONLY. NOT TO BE USED FOR CONSUMER SOLICITATION PURPOSES Click here to End Presentation Competitive Features Access to funds through loans and withdrawals CVAT allows heavy funding Interest rate bonus* Competitive cash value growth * Not available in all states; bonus interest not applied to loaned funds

7. 6 PR-1223 11/08 FOR AGENT USE ONLY. NOT TO BE USED FOR CONSUMER SOLICITATION PURPOSES Click here to End Presentation 45 male, Preferred Non-Tobacco 95% ROP 100% ROP 15 year surrender charge period Interest rate bonus years 6+ The information presented is hypothetical and not intended to project investment results. Illustration is not complete unless all pages are included.

8. 7 PR-1223 11/08 FOR AGENT USE ONLY. NOT TO BE USED FOR CONSUMER SOLICITATION PURPOSES Click here to End Presentation Who Can Benefit From This Product? Think of your own clients: –Parents with kids aged 12-18 –Existing policy with cash value growth goal –Looking to pass money on to heirs –Seeking to solidify retirement income

9. 8 PR-1223 11/08 FOR AGENT USE ONLY. NOT TO BE USED FOR CONSUMER SOLICITATION PURPOSES Click here to End Presentation Sales Ideas College Funding 1035 Exchanges Legacy Building Retirement Funding

10. 9 PR-1223 11/08 FOR AGENT USE ONLY. NOT TO BE USED FOR CONSUMER SOLICITATION PURPOSES Click here to End Presentation College Funding Life insurance can help assure money for college 1 Access to funds with return of premium Outside Federal Application for Student Aid (FAFSA) formula 2 1 The primary purpose of life insurance policies is to provide a death benefit to beneficiaries. Because of the uncertainty surrounding all funding options except savings, it is critical to encourage your clients to make personal savings the cornerstone of your clients’ college funding program. However, even a well-conceived savings plan can be vulnerable. Should your clients die prematurely, their savings plan could come to an abrupt end. To protect against this unexpected event, life insurance may be the only vehicle that can help assure the completion of a funding plan. In addition to the financial protection aspect of insurance, the tax-deferred buildup of cash values can be part of your clients’ college savings plan. Generally, distributions up to the contract's cost basis are tax free. Moreover, loans in excess of the cost basis are also tax free as long as the policy remains in force. 2 See FAFSA application at the Federal Application for Student Aid website at http://www.fafsa.ed.gov/

11. 10 PR-1223 11/08 FOR AGENT USE ONLY. NOT TO BE USED FOR CONSUMER SOLICITATION PURPOSES Click here to End Presentation College Funding Assets for college Premature death protection Exit strategy value 45 male, Preferred Non-Tobacco The information presented is hypothetical and not intended to project investment results. Illustration is not complete unless all pages are included.

12. 11 PR-1223 11/08 FOR AGENT USE ONLY. NOT TO BE USED FOR CONSUMER SOLICITATION PURPOSES Click here to End Presentation 1035 Exchange Fantastic cash value growth potential Overcome objections

13. 12 PR-1223 11/08 FOR AGENT USE ONLY. NOT TO BE USED FOR CONSUMER SOLICITATION PURPOSES Click here to End Presentation 1035 Exchange Overcome the “Where did my money go” objection. Excellent cash value growth 45 male, Preferred Non-Tobacco The information presented is hypothetical and not intended to project investment results. Illustration is not complete unless all pages are included.

14. 13 PR-1223 11/08 FOR AGENT USE ONLY. NOT TO BE USED FOR CONSUMER SOLICITATION PURPOSES Click here to End Presentation Legacy Building Leverage single-premium into death benefit Return of Premium feature (peace of mind) Cash Value growth (flexibility and control) Chronic Illness Accelerated Benefit Rider

15. 14 PR-1223 11/08 FOR AGENT USE ONLY. NOT TO BE USED FOR CONSUMER SOLICITATION PURPOSES Click here to End Presentation Legacy Building Increase comfort level in transferring assets Build an estate through death benefit Surrender value provides flexibility and control Plus – a living benefit with chronic illness accelerated benefit rider! 65 male, Standard Non-Tobacco The information presented is hypothetical and not intended to project investment results. Illustration is not complete unless all pages are included.

16. 15 PR-1223 11/08 FOR AGENT USE ONLY. NOT TO BE USED FOR CONSUMER SOLICITATION PURPOSES Click here to End Presentation Retirement Funding Death benefit protection during working years Cash value for income stream during retirement years Non-qualified means no IRS funding limitations* * Tax consequences may result if withdrawals exceed premiums paid into the policy. Policy loans from life insurance policies generally are not subject to income tax, provided the contract is not a Modified Endowment Contract, as defined by Section 7702 of the Internal Revenue Code. A policy loan or withdrawal from a life insurance policy that is a Modified Endowment Contract is taxable upon receipt. Policy loans and withdrawals will reduce cash value and death benefit. Policy loans are subject to interest charges. Tax advantages may be subject to modified endowment contract rules, which may cause taxes and penalties. Tax advantages may be subject to the Alternative Minimum Tax, which may cause taxes and penalties. North American does not give legal or tax advice. Your clients should always consult a legal or tax advisor.

17. 16 PR-1223 11/08 FOR AGENT USE ONLY. NOT TO BE USED FOR CONSUMER SOLICITATION PURPOSES Click here to End Presentation Retirement Funding Overcome the “Where did my money go” objection. Cash value for income stream via withdrawals, loans, or annuity Death benefit protection during working years 45 male, Preferred Non-Tobacco The information presented is hypothetical and not intended to project investment results. Illustration is not complete unless all pages are included.

18. 17 PR-1223 11/08 FOR AGENT USE ONLY. NOT TO BE USED FOR CONSUMER SOLICITATION PURPOSES Click here to End Presentation Sales Support 800-800-3656 ext. 10411 salessupport@nacolah.com

19. 18 PR-1223 11/08 FOR AGENT USE ONLY. NOT TO BE USED FOR CONSUMER SOLICITATION PURPOSES Click here to End Presentation Disclosures Custom Accumulator® III is issued on policy form series LS165B; Chronic Illness Accelerated Benefit Rider (Accelerated Benefit Rider for Continuous Confinement in MN) is issued on form series LR450A by North American Company for Life and Health Insurance Executive Office, Chicago, IL, 60607. Products, features, issue ages or riders may not be available in all jurisdictions. Limitations or restrictions may apply.