1. FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Value+ Protector Index Universal Life Insurance Presented by… Policies issued by American General Life Insurance Company ("AGL“)

2. 2 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Introducing Value+ Protector

3. 3 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Value+ Protector is a flexible, death benefit protection focused IUL product 1 Depending on the client’s issue age, underwriting and level of planned premium payments

4. 4 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Our IUL portfolio provides multiple options… Value+ ProtectorMax Accumulator+ Optimized for Guaranteed ProtectionAccumulation and Income Target ages40 – 7035 – 55 Potential client Focused on guarantees More risk tolerant than GUL buyers Higher income or affluent with investable assets Small business owners Less risk tolerant than VUL buyers but still willing to accept some risk Client needs Death benefit protection for income replacement, wealth transfer or estate planning Economical alternative to GUL Opportunity to grow cash value with certain guarantees Accumulation and tax- protected gains for retirement income, college funding or other cash needs Determine which IUL product may help meet your client’s needs?

5. 5 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Newly Enhanced Selling Points  Market–leading price for protection focused IUL with guaranteed protection available for life or to any needed timeframe.  Living Benefit Enhancements – chronic illness rider with no permanency requirement and higher maximum cap, plus longevity rider for supplemental income 1.  Two completely unique options to access cash value without impacting death benefit. 1, 2  Three index crediting strategies available including our new proprietary volatility control index – ML Strategic Balanced Index ®. 3  Account value enhancement beginning in year 6.  Option to select a guaranteed income stream for beneficiaries that will grow at a fixed interest rate. 1. Under current federal tax law, partial withdrawals are reportable to the policy owner, and may be taxable. 2. Limitations apply. 3. IUL is not a direct investment in the stock market. Provides the potential for interest to be credited based in part on the performance of a specified index. Guarantees are backed by the claims-paying ability of the issuing insurance company.

6. 6 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION PROTECTION - Clients want security for beneficiaries  Tax-free death benefit can help assure that your client’s family or business lives on with a lump-sum benefit payment.  Death benefit can be guaranteed to age 100 or 121. 1 –After guarantee period, policy can continue on a non-guaranteed basis for client's lifetime. 2  Potential to purchase paid up life insurance at no additional cost using cash value. 3 (via Strong Performance feature)  Option to convert a lump sum life insurance benefit to a guaranteed installment payout for beneficiaries that will grow at a fixed interest rate and may also reduce the cost of insurance. (Select Income rider) 4 1 Depending on the client’s issue age, underwriting and level of planned premium payments. 2 Based on current assumed charges, interest crediting and premium payments. 3 Option election dates are at the end of the 20th policy year (for issue ages 0-64) and the later of age 85 or the end of the 5th policy year (for all issue ages. 4 The rider must be selected at the time of policy purchase. There is no additional fee for this rider. A portion of the installment payments under this rider may be taxable.

7. 7 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION VALUE – Clients are looking for lower prices and extended guarantee periods  Alternative to GUL with 10% lower premium and 5% higher targets. 1  Competitively priced against most protection IULs.  Affordable design, combined with flexible features to help you serve more clients and win more cases in all rate classes and funding patterns.  Highly competitive rates on level pays that carry to 105.  Very competitive single pays with optional Premium Protection rider.  Can potentially reduce required premiums with Select Income Rider. 2 1 When Value+ Protector is illustrated at 6%. 2 The rider must be selected at the time of policy purchase. There is no additional fee for this rider. A portion of the installment payments under this rider may be taxable.

8. 8 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION STABILITY - Clients want to avoid market volatility  Our volatility control strategy is tied to a hybrid index currently exclusive to American General Life which seeks more stable returns. (via ML Strategic Balanced Index) –Dynamically adjusts exposure among equities, fixed income and cash.  All account options have guaranteed floors for loss protection in down markets.

9. 9 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION ACCESS To CASH - Clients want to increase protection and access funds  The Value+ Protector offers unique provisions for accessing excess cash value in the policy without reducing initial death benefit and in some cases increasing the death benefit. –If Strong Index Performance Feature –Excess Funding Feature –Premium Protection Rider  Other options include living benefits that accelerate the death benefit, thus protecting other family assets from being depleted to support a chronic illness or longevity. –Accelerated Access Solution ® –Lifestyle Income Solution ®

10. 10 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Key Terminology Benchmark Premium: The Benchmark Premium is a level annual premium which is used to determine the Excess Funding option. Benchmark Cash Value: The Minimum Benchmark Cash Value is calculated using a tracking account that applies the same premium and current charges as the policyholder account value with the exception that interest will be credited on the tracking account at a fixed rate. (5.50%) You can locate these values on the Your Narrative Summary page of the illustration

11. 11 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION 1. Option election dates are at the end of the 20 th policy for issue ages 0-64 or the later of age 85 or the end of the 5 th policy year for issue ages 65-85. 2. Under current federal tax law, partial withdrawals are reportable to the policy owner, and may be taxable. 3. Limitations apply. Excess Funding Feature If clients pay extra premium into their policy to achieve additional tax advantaged growth, they can use this unique liquidity option to withdraw excess premiums in policy year 20 with no decrease in their initial death benefit, 1 if there is available cash surrender value in the policy. 2, 3

12. 12 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Annual PremiumCumulative Premiums End of Policy Year 20 Benchmark Premium$3,335$66,700 Hypothetical Premium – Additional $500/Year for 20 years $3,835$76,700 Funding Access Available$10,000 Male 45 Preferred Non-Tobacco $500,000 DB 6.00% Illustrated Rate Hypothetical representation for illustrative purposes only. Assume the policyowner funds the policy at $500 above the Benchmark Premium of $3,335 for 20 years, then they withdraw the additional funds in year 20 and pay only Benchmark Premium in future years: The policy earns a 6% hypothetical crediting rate: Excess Funding Feature

13. 13 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION No Additional Funding With Additional Funding After Withdrawal Death Benefit$500,000 Cash Value Year 20$59,207$69,237 At 6.00% Hypothetical Crediting Rate Premiums at Years 21+$3,335 Policy Guarantees Death Benefit To Age 85Age 88 Policy Stays Inforce ToAge 121 Cash Value at Age 100$275,717$616,661 What happens if the Policyowner exercises the Cash Access from Excess Funding feature? Excess Funding Feature Hypothetical representation for illustrative purposes only.

14. 14 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION 1.Option election dates are at the end of the 20 th policy year (for issue ages 0-64) and the later of age 85 or the end of the 5 th policy year (for all issue ages). 2.Under current federal tax law, partial withdrawals are reportable to the policy owner and may be taxable. Limitations apply. Strong Index Performance Feature If values in the policy exceed benchmark assumptions due to strong index performance, this one-of-a-kind liquidity option allows clients to withdraw the excess cash value, either in policy year 20 or at age 85 – with no decrease in the initial death benefit or length of death benefit guarantee. 1 The cash can be used as desired, or to buy additional paid-up life insurance without further underwriting. 2

15. 15 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Paid Up Life Insurance Option Only Available for Standard or Better Hypothetical representation for illustrative purposes only. End of Year 20At Age 85 Benchmark Cash Value$74,879$297,800 Cash Surrender Value$78,760$337,282 End of Year 20At Age 85 Cash Access from Strong Index Performance Available: $3,881$39,481 Additional Paid-Up Life Insurance Available $7,611$49,865 Strong Index Performance Feature Male 45 PNT, $500,000 DB Assume the policyowner pays a premium of $3,823 (illustrated at 5%) which will guarantee the policy to age 93: If the policy actually earned 6% the results would be as follows:

16. 16 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Why Is This Important? What happens to other GUL or IUL products if the policyowner decides to withdraw funds? If it is a guaranteed death benefit product it will more than likely lose the guaranteed death benefit provision. With the Value+ Protector there is no change to the guarantee duration! With any GUL or IUL when the policyowner decides to take a withdrawal, the death benefit amount is decreased in proportion to the withdrawal. With the Value+ Protector there is no change in the death benefit amount!

17. 17 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION See the rider for complete details regarding the benefit descriptions, limitations and exclusions. Accelerated Access Solution We are a leading innovator in living benefits. For an additional fee, clients can select the Accelerated Access Solution ® rider, which allows clients to accelerate their death benefit should they suffer a qualifying chronic illness. The benefit can be used to cover medical expenses, supplement income or for any other purpose. 1 IRS caps the maximum daily rate each year. The 2016 maximum is $340/day or $10,341.66month. Subsequent years may be higher.

18. 18 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Accelerated Access Solution 101(g) No LTC license necessary 2-out-of-6 ADLs; or Severe Cognitive Impairment No Longer Requires Condition be Permanent 101(g) No LTC license necessary 2-out-of-6 ADLs; or Severe Cognitive Impairment No Longer Requires Condition be Permanent Indemnity Benefit No Receipts Spend benefits on anything Indemnity Benefit No Receipts Spend benefits on anything Flexible Benefit Base Benefit = 50% up to 100% of Death Benefit $50,000 minimum up to $3,000,000 maximum Full waiver of monthly deductions Flexible Benefit Base Benefit = 50% up to 100% of Death Benefit $50,000 minimum up to $3,000,000 maximum Full waiver of monthly deductions

19. 19 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Flexible Monthly Benefit 1.IRS Per Diem capped at 2% per month 2.IRS Per Diem capped at 4% per month 3.IRS Per Diem with No Cap! Max. Monthly Benefit = Total Benefit ÷ 12 Flexible Monthly Benefit 1.IRS Per Diem capped at 2% per month 2.IRS Per Diem capped at 4% per month 3.IRS Per Diem with No Cap! Max. Monthly Benefit = Total Benefit ÷ 12 IRS caps the maximum daily rate each year. The 2016 maximum is $340/day or $10,341.66month. Subsequent years may be higher. Accelerated Access Solution

20. 20 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Accelerated Access Solution Inflation hedge against future costs  Purchase more than today’s Per Diem limit –Many products won’t allow it –Provides inflation protection with a maximum monthly benefit cap  4% Cap – example: –4% of $300,000 = $12,000 per month –Go on-claim in 2016: Collect $10,341.66 per month –Go on-claim in the future when Per Diem = $15,000 per month: Collect $12,000 per month  Per Diem – example: –$300,000 AAS benefit –Maximum monthly benefit: $300,000 = $15,000 per month

21. 21 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Choosing to exercise rights under the Lifestyle Income Solution can impact cash available under the Accelerated Access Solution. Please speak with your American General Life Insurance Company representative for more information. Lifestyle Income Solution: Longevity Rider 1.Accelerate up to 10% of DB per year 2.Primary requirement: Live to age 85 3.Tax-free up to basis; ordinary income after For an additional fee, clients can select the Lifestyle Income Solution rider, which allows clients to accelerate their death benefit Lifestyle Income Solution

22. 22 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Lifestyle Income Solution Hypothetical representation for illustrative purposes only.

23. 23 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION 1. The target premium is a level annual premium which is intended to carry the policy to or close to maturity on a current (non-guaranteed) assumption basis assuming 1) a 6% illustrated rate and 2) that premiums have been paid on time at the beginning of each policy year. Premium Protection Rider The Premium Protection Rider can be selected for those policies that will be funded early, for example through a single-pay premium or the transfer of a policy from another company. With this rider, the client may withdraw funds above the target premium in years 2 through 5 with no surrender charge penalties, to the extent that accumulation value is available. 1 the funds are not locked in. Protected Premium rider is elected at the time of policy purchase for an additional charge.

24. 24 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Protected Premium Rider Hypothetical representation for illustrative purposes only.

25. 25 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Another option the insured can choose for their beneficiaries is the optional Select Income rider.

26. 26 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Select Income Rider  No cost rider  Potentially decreases policy’s required premiums  Helps beneficiaries manage ongoing expenses  Optional rider converts a portion or all of the life insurance benefit for beneficiaries to a predefined guaranteed set of annual payments  Minimum percentage of life insurance benefit available to convert is 10% (up to 100%)

27. 27 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Select Income Rider  Only available at issue  Once selected at issue, the installment payment period is irrevocable for the beneficiary  May lower the policy’s cost of insurance charges, which may enable the premium amount to be lower  Premium amounts may decrease by 8-10% on average compared to what it would be without the rider

28. 28 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Select Income Rider  Schedule of life insurance benefit payments will be determined at issue  You can choose payment durations to beneficiaries of 10, 20, and 30 years  Benefit schedule will be based on the initial face amount of the policy at issue  Life insurance benefit payments will increase annually at a rate set at issue (1.01%)

29. 29 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Select Income Rider  The life insurance benefit payment period selected must be within the timeframe you would have turned 95 (if you were still living).  For example, if you are 70 years old at time of purchase, you can select a 20 year life insurance benefit payment option because you would have only been 90 years old for the payments to complete.  You could not select a 30 yr period because you would have been older than 95 for that payout to complete.

30. 30 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Select Income Rider Payout Example Total Death Benefit $1,046,696 Minimum Installment Amount: $10,000 Minimum Initial Installment Payment: $500 Death Benefit $1,000,000 Payout$100,000$101,010$102,030$103,061$104,102 Period12345 Payout$105,153$106,215$107,288$108,371$109,466 Period678910 Hypothetical representation for illustrative purposes only.

31. 31 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Without Select Income Rider With Select Income Rider Initial life insurance benefit$250,000 Premium to carry to age 105$1,392.58$1,234.35 Without Select Income Rider With Select Income Rider Initial life insurance benefit$500,000 Premium to carry to age 105$9,131.20$8,324.65 Female 40 SNT Male 60 SNT Select Income Rider Effect On Premium Hypothetical representation for illustrative purposes only. 11% Decrease 9% Decrease

32. 32 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Product Specifications Product Highlights Issue Age0 - 85 Minimum Death Benefit$50,000 Surrender Charge Period14 years Monthly Admin Fee$10.00 (current) $10.00 (maximum) Premium LoadCurrent charge of 12% in yrs 1-5, 7.5% yrs 6-10, 5% years 11+; Max is 12% Expense ChargeMonthly Per $1,000 Expense Charge for first 5 years only, including increases

33. 33 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Product Highlights Underwriting ClassificationsPreferred Plus Non Tobacco Preferred Non Tobacco Standard Non Tobacco Preferred Tobacco Standard Tobacco Special (Substandard) Non Tobacco Special (Substandard)Tobacco Death Benefit OptionOption 1 (Level Death Benefit) Option 2 (Increasing Death Benefit) New We have improved our Standard Non Tobacco rates and removed the Standard Plus Non-tobacco classification! Standard Non Tobacco Includes Table B! Product Specs

34. 34 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION  Standard Loan –3% Charge / 2% Credit  Preferred Loan –2% Charge / 2% Credit –Available after policy year 10 but are restricted to a policy year maximum of 10%  Participating Loans –5% rate at product launch –Loan rate will vary between 4% and 8% declared monthly –Loan rate is governed by The Model Policy Loan Interest Rate Bill (MDL-590)  Switch Loan Type up to 3 times during the life of the policy 1 Policy loans and withdrawals may be taxable.

35. FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Index Strategy Options

36. 36 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Rate Summary Index StrategyGuaranteed Minimum Interest Cap RateParticipation Rate Non- Guaranteed Crediting Rate AG 49 Current Account Value Enhancement (policy yrs 6+) Blend Participation Rate 0.00%NA115%6.03%0.75% Utilizing MLSB Index Participation Rate 0.00%NA65%6.03%0.75% Utilizing S&P 500 Cap Rate 0.00%10.00%NA6.03%0.75% Utilizing S&P 500 Declared Interest2.00%NA 3.00%0.75% Hypothetical representation for illustrative purposes only.

37. FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION ML Strategic Balanced Index ® Dynamically Blending Equity and Fixed Income Indices to Provide Stability with Upside Growth Potential

38. 38 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION The ML Strategic Balanced Index is a blend of the S&P 500 Index and the Merrill Lynch 10-Year Treasury Futures (Total Return) Index. It offers:  Rules-Based Indexing—a non-discretionary process is used to adjust exposures between equity and fixed income indices. Weightings are derived from quantitative rules, allowing allocations to be made systematically without being impacted by biases or emotions.  Volatility Control—the Index employs two layers of volatility management to help reduce risk. Equity and fixed income are rebalanced semiannually. Cash positions are adjusted on a daily basis. 1  Dynamic Allocation—to help enhance growth potential, the Index has the flexibility to increase equity and fixed income exposure up to 150%. By combining these key features, the Index offers the potential to deliver Stable Returns over time. 3 Key Features 1. Volatility control measures seek to provide smoother results and mitigate sharp market fluctuations. While this type of strategy can lessen the impact of market downturns, it will also lessen the impact of market upturns, therefore limiting upside potential.

39. 39 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Rules-Based Indexing 1. Volatility Control measures seek to provide smoother results and mitigate sharp market fluctuations. While this type of strategy can lessen the impact of market downturns, it is important to note that it will also lessen the impact of market upturns, therefore limiting upside potential.

40. 40 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION The Value of a Dynamic Rules-Based Approach Note: Past performance is not a guarantee of future results. The ML Strategic Balanced Index was created on August 12, 2014. Levels for the Index before August 12, 2014 represent hypothetical data determined by retroactive application of a back tested model, itself designed with the benefit of hindsight. The above hypothetical chart only reflects the performance of the ML Strategic Balanced Index. It does not reflect the amount of interest credited to an index annuity or index life product during this time. Actual results for a specific insurance contract would depend on the crediting strategy chosen and the spread or participation rate for the time period(s) shown.

41. FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Competition

42. 42 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Now Competitively priced even for carry to Lifetime Scenarios!!! Value+ Protector Competitive Premiumd Rates as of 04/06/2016 For internal use only. Report Created Tuesday, April 5, 2016. 23 Products Considered. Value+ Protector Ranking for Premium Amounts, Male, $1 CSV at 121 - 6% IR, $1,000,000 Death Benefit, S&P 500 Annual point to point (where available) ScenariosUW Class20253035404550556065707580 Level Pay PPNT111294222411159 PNT11 75242322258 SNT812962322312614 PT1516 122331333814 Ten Pay PPNT121174114332389 PNT1096523444339 SNT811742342412718 PT1415131021334351214 Single Pay PPNT9974113332176 PNT8764224342265 SNT69842131411511 PT1012108112112377 These comparisons cannot be used with the public. Complete personalized policy illustrations for each company product must be presented or discussed with your client regarding guaranteed and nonguaranteed elements of the policy, including surrender values, accumulation values, loans, withdrawals, death benefits and other important information. Although every attempt has been made to verify the accuracy of the information displayed, it cannot be guaranteed.

43. 43 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Now Competitively priced even for carry to Lifetime Scenarios!!! Value+ Protector Competitive Premiums Rates as of 04/06/2016 For internal use only. Report Created Tuesday, April 5, 2016. 23 Products Considered. Value+ Protector Ranking for Premium Amounts, Female, $1 CSV at 121 - 6% IR, $1,000,000 Death Benefit, S&P 500 Annual point to point (where available) ScenariosUW Class20253035404550556065707580 Level Pay PPNT121072222221129 PNT121173222222159 SNT1311822222322113 PT11161183244533912 Ten Pay PPNT149622211223511 PNT1312832233423713 SNT12 743232422318 PT1114117313543413 Single Pay PPNT11972111122358 PNT10973222141258 SNT9974112242137 PT81196211132258 These comparisons cannot be used with the public. Complete personalized policy illustrations for each company product must be presented or discussed with your client regarding guaranteed and nonguaranteed elements of the policy, including surrender values, accumulation values, loans, withdrawals, death benefits and other important information. Although every attempt has been made to verify the accuracy of the information displayed, it cannot be guaranteed.

44. 44 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Male, PPNT, $1M Level DB, Carry/Guarantee to Age 105. 6% Illustrated Rate for IULs. Value+ Protector Competitive Premium Rates as of 04/06/2016. Illustrated for the state of Colorado. These carriers are peer group competitors of American General Life Insurance Company. Value+ IUL (6%), Protective Advantage Choice UL (policy form #UL-21, 2%), Prudential PruLife® Universal Protector (policy form # ULNLG-2013; 2.50%), Nationwide YourLife® No-Lapse Guarantee UL (policy form #NWLA0444-CO: 3%), Lincoln LifeGuarantee UL (2013) (policy form #UL6000, 2%), John Hancock Protection IUL (policy form #15PIUL, 6%), Protective Index Choice UL (policy form # ICC13-UL23; 5.79%), John Hancock Protection UL (policy form #16PROUL, 5.05%), AXA Bright Life Protect (. (policy form # ICC 12-100 ;5.55%), Nationwide YourLife® Index UL Protector (policy form #ICC11-NWLA-515). (XX) Guaranteed Age AIG’s Value+ Protector with SIR premiums are based on 100% of DB in Select Income and total number of 30 payments IUL: Carry to Age 105 (6%)GUL: Guarantee to Age 105 UL: Carry to Age 105 Age AIG’s Value+ Protector AIG’s Value+ Protector with SIR AXA BrightLife Protect John Hancock Protection IUL 15 NW YourLife® Indexed UL Protector Protective Index Choice UL Protective Advantage Choice UL 2-16 Prudential PruLife Universal Protector (2013) Nationwide YourLife No Lapse Guarantee UL Lincoln LifeGuarant ee UL 2013 John Hancock Protection UL 16 40 $4,173 (89) $3,732 (81) $4,671$4,575$4,174$4,950$5,574$5,744$5,131$6,469$4,697 (55)(73)(60)(87)(105) (72) 11.9%9.6%0.0%18.6%33.6%37.6%23.0%55.0%12.6% 50 $7,420 (83) $6,675 (82) $7,452$7,848$7,191$8,388$8,497$8,951$7,963$9,868$7,361 (65)(79)(70)(95)(105) (78) 0.4%5.8%-3.1%13.0%14.5%20.6%7.3%33.0%-0.8% 60 $12,870 (83) $11,868 (83) $13,759$13,956$13,134$15,006$14,326$15,126$13,944$14,176$13,089 (75)(83)(75)(97)(105) (83) 6.9%8.4%2.1%16.6%11.3%17.5%8.3%10.1%1.7% 70 $24,954 (85) $23,700 (85) $23,916$27,435$25,481$26,962$26,958$27,694$27,026$26,907$24,904 (85)(90)(75)(97)(105) (88) -4.2%9.9%2.1%8.0% 11.0%8.3%7.8%-0.2% Value+ Protector - approx 5-10% less premium for the same benefits with Select Income Rider These comparisons cannot be used with the public. Complete personalized policy illustrations for each company product must be presented or discussed with your client regarding guaranteed and nonguaranteed elements of the policy, including surrender values, accumulation values, loans, withdrawals, death benefits and other important information. Although every attempt has been made to verify the accuracy of the information displayed, it cannot be guaranteed.

45. 45 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION 45, Male, SNT, $1M Level DB, Carry/Guarantee to Age 105. 6% Illustrated Rate for IULs. Value+ Protector Competitive Premium Rates as of 04/06/2016. Illustrated for the state of Colorado. These carriers are peer group competitors of American General Life Insurance Company. Value+ IUL (6%), Protective Advantage Choice UL (policy form #UL-21, 2%), Prudential PruLife® Universal Protector (policy form # ULNLG-2013; 2.50%), Nationwide YourLife® No-Lapse Guarantee UL (policy form #NWLA0444-CO: 3%), Lincoln LifeGuarantee UL (2013) (policy form #UL6000, 2%), John Hancock Protection IUL (policy form #15PIUL, 6%), Protective Index Choice UL (policy form # ICC13-UL23; 5.79%), John Hancock Protection UL (policy form #16PROUL, 5.05%), AXA Bright Life Protect (. (policy form # ICC 12-100 ;5.55%), Nationwide YourLife® Index UL Protector (policy form #ICC11-NWLA-515). IUL: Carry to Age 105 (6%)GUL: Guarantee to Age 105 UL: Carry to Age 105 Scenario AIG’s Value+ Protector AIG’s Value+ Protector with SIR AXA BrightLife Protect John Hancock Protection IUL 15 NW YourLife® Indexed UL Protector Protective Index Choice UL Protective Advantage Choice UL 2-16 Prudential PruLife Universal Protector (2013) Nationwide YourLife No Lapse Guarantee UL Lincoln LifeGuarant ee UL 2013 John Hancock Protection UL 16 Level Pay $7,378 (83) $6,529 (81) $7,683$7,809$7,094$7,434$8,666$10,374$8,290$9,733$9,491 (60)(75)(65)(80)(105) (75) 4.1%5.8%-3.8%0.8%17.5%40.6%12.4%31.9%28.6% Ten Pay $14,724 (75) $13,035 (77) $16,488$14,823$14,827$15,993$25,070$21,481$20,097$25,867$18,718 (63)(71)(65)(84)(105) (72) 12.0%0.7% 8.6%70.3%45.9%36.5%75.7%27.1% Single Pay $115,568 (75) $102,312 (75) $132,271$118,413$119,807$125,254$217,765$203,469$189,580$228,995$151,301 (62)(69)(64)(80)(105) (70) 14.5%2.5%3.7%8.4%88.4%76.1%64.0%98.1%30.9% Value+ Protector – approx 11% less premium for the same benefits with Select Income Rider (XX) Guaranteed Age AIG’s Value+ Protector with SIR premiums are based on 100% of DB in Select Income and total number of 30 payments These comparisons cannot be used with the public. Complete personalized policy illustrations for each company product must be presented or discussed with your client regarding guaranteed and nonguaranteed elements of the policy, including surrender values, accumulation values, loans, withdrawals, death benefits and other important information. Although every attempt has been made to verify the accuracy of the information displayed, it cannot be guaranteed.

46. 46 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION 65, Male, SNT, $1M Level DB, Carry/Guarantee to Age 105. 6% Illustrated Rate for IULs. Value+ Protector Competitive Premium Rates as of 04/06/2016. Illustrated for the state of Colorado. These carriers are peer group competitors of American General Life Insurance Company. Value+ IUL (6%), Protective Advantage Choice UL (policy form #UL-21, 2%), Prudential PruLife® Universal Protector (policy form # ULNLG-2013; 2.50%), Nationwide YourLife® No-Lapse Guarantee UL (policy form #NWLA0444-CO: 3%), Lincoln LifeGuarantee UL (2013) (policy form #UL6000, 2%), John Hancock Protection IUL (policy form #15PIUL, 6%), Protective Index Choice UL (policy form # ICC13-UL23; 5.79%), John Hancock Protection UL (policy form #16PROUL, 5.05%), AXA Bright Life Protect (. (policy form # ICC 12-100 ;5.55%), Nationwide YourLife® Index UL Protector (policy form #ICC11-NWLA-515). (XX) Guaranteed Age AIG’s Value+ Protector with SIR premiums are based on 100% of DB in Select Income and total number of 30 payments IUL: Carry to Age 105 (6%)GUL: Guarantee to Age 105 UL: Carry to Age 105 Scenario AIG’s Value+ Protector AIG’s Value+ Protector with SIR AXA BrightLife Protect John Hancock Protection IUL 15 NW YourLife® Indexed UL Protector Protective Index Choice UL Protective Advantage Choice UL 2-16 Prudential PruLife Universal Protector (2013) Nationwid e YourLife No Lapse Guarantee UL Lincoln LifeGuaran tee UL 2013 John Hancock Protection UL 16 Level Pay $21,902 (83) $20,443 (82) $24,068$25,182$22,169$24,556$25,324$27,515$25,486$25,279$27,561 (80)(84)(75)(88)(105) (85) 9.9%15.0%1.2%12.1%15.6%25.6%16.4%15.4%25.8% Ten Pay $38,194 (86) $35,650 (86) $43,268$41,160$38,875$44,445$53,619$47,648$48,146$53,272$46,272 (80)(84)(75)(90)(105) (85) 13.3%7.8%1.8%16.4%40.4%24.8%26.1%39.5%21.1% Single Pay $294,737 (84) $275,101 (84) $336,298$323,874$304,872$340,166$429,854$442,860$465,811$494,554$379,693 (80)(82)(75)(88)(105) (84) 14.1%9.9%3.4%15.4%45.8%50.3%58.0%67.8%28.8% Value+ Protector – approx 6% less premium for the same benefits with Select Income Rider These comparisons cannot be used with the public. Complete personalized policy illustrations for each company product must be presented or discussed with your client regarding guaranteed and nonguaranteed elements of the policy, including surrender values, accumulation values, loans, withdrawals, death benefits and other important information. Although every attempt has been made to verify the accuracy of the information displayed, it cannot be guaranteed.

47. FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION WinFlex Enhancements

48. 48 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Solve Tab – Living Benefit Options

49. 49 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Index Account Historical Graph New and expanded graphics to help understand the index accounts and enhance the sales experience

50. 50 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION State Approvals WV TX CO AZ NM NV UT MT WY WA OR LA NE OK KS ID MN IA HI AK AR MO OH MI IN WI IL KY TN GAMSAL MD ME NY PA VA NC SC RIMA NJ NH VT Approved Awaiting Approval Not Filed Approvals as of 4/11/16 DC CA ND SD DE CT FL

51. 51 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION Policies issued by: American General Life Insurance Company (AGL), Policy Form Numbers ICC16-16760; 15600; 15872. Issuing company AGL is responsible for financial obligations of insurance products and is a member of American International Group, Inc. (AIG). 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. Guarantees are backed by the claims-paying ability of the issuing insurance company. These product specifications are not intended to be all-inclusive of product information. State variations may apply. Please refer to the policy for complete details. This information is general in nature and may be subject to change. The Company, its financial professionals and other representatives are not authorized to give legal, tax or accounting advice. Applicable laws and regulations are complex and subject to change. Any tax statements in this material are not intended to suggest the avoidance of U.S. federal, state or local tax penalties. For advice concerning your situation, consult your professional attorney, tax advisor or accountant. ©2016 AIG. All rights reserved. AGLC109806 Important Information

52. 52 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION The S&P 500 (the “Index”) is a product of S&P Dow Jones Indices LLC or its affiliates (“SPDJI”), and has been licensed for use by American General Life Insurance Company (AGL). Standard & Poor’s®, S&P®, and S&P 500® are registered trademarks of Standard & Poor’s Financial Services LLC (“S&P”). The trademarks have been licensed to SPDJI and have been sublicensed for use for certain purposes by AGL. The life insurance products underwritten and issued by AGL are not sponsored, endorsed, sold or promoted by SPDJI, S&P, or any of their respective affiliates (collectively, “S&P Dow Jones Indices”). S&P Dow Jones Indices does not make any representation or warranty, express or implied, to the owners of AGL’s or any member of the public regarding the advisability of investing in securities generally or in AGL’s products particularly or the ability of the Index to track general market performance. S&P Dow Jones Indices’ only relationship to AGL with respect to the Index is the licensing of the Index and certain trademarks, service marks and/or trade names of S&P Dow Jones Indices and/or its licensors. The Index is determined, composed and calculated by S&P Dow Jones Indices without regard to AGL or its products. S&P Dow Jones Indices has no obligation to take the needs of AGL or the owners of its products into consideration in determining, composing or calculating the Index. S&P Dow Jones Indices is not responsible for and has not participated in the determination of the prices, and amount of AGL’s products or the timing of the issuance or sale of AGL’s products or in the determination or calculation of the equation by which AGL’s products are to be converted into cash, surrendered or redeemed, as the case may be. S&P Dow Jones Indices has no obligation or liability in connection with the administration, marketing or trading of AGL’s products. There is no assurance that investment products based on the Index will accurately track index performance or provide positive investment returns. S&P Dow Jones Indices LLC is not an investment advisor. Inclusion of a security within an index is not a recommendation by S&P Dow Jones Indices to buy, sell, or hold such security, nor is it considered to be investment advice. S&P DOW JONES INDICES DOES NOT GUARANTEE THE ADEQUACY, ACCURACY, TIMELINESS AND/OR THE COMPLETENESS OF THE Index OR ANY DATA RELATED THERETO OR ANY COMMUNICATION, INCLUDING BUT NOT LIMITED TO, ORAL OR WRITTEN COMMUNICATION (INCLUDING ELECTRONIC COMMUNICATIONS) WITH RESPECT THERETO. S&P DOW JONES INDICES SHALL NOT BE SUBJECT TO ANY DAMAGES OR LIABILITY FOR ANY ERRORS, OMISSIONS, OR DELAYS THEREIN. S&P DOW JONES INDICES MAKES NO EXPRESS OR IMPLIED WARRANTIES, AND EXPRESSLY DISCLAIMS ALL WARRANTIES, OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE OR AS TO RESULTS TO BE OBTAINED BY AGL, OWNERS OF AGL’S PRODUCTS, OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE Index OR WITH RESPECT TO ANY DATA RELATED THERETO. WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT WHATSOEVER SHALL S&P DOW JONES INDICES BE LIABLE FOR ANY INDIRECT, SPECIAL, INCIDENTAL, PUNITIVE, OR CONSEQUENTIAL DAMAGES INCLUDING BUT NOT LIMITED TO, LOSS OF PROFITS, TRADING LOSSES, LOST TIME OR GOODWILL, EVEN IF THEY HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, WHETHER IN CONTRACT, TORT, STRICT LIABILITY, OR OTHERWISE. THERE ARE NO THIRD PARTY BENEFICIARIES OF ANY AGREEMENTS OR ARRANGEMENTS BETWEEN S&P DOW JONES INDICES AND AGL, OTHER THAN THE LICENSORS OF S&P DOW JONES INDICES LLC. Index Disclosure for the S&P 500

53. 53 FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION The ML Strategic Balanced Index SM provides systematic, rules-based access to the blended performance of two underlying indices—the S&P 500 (without dividends), which serves to represent equity performance, and the Merrill Lynch 10-year U.S. Treasury Futures Total Return Index, which serves to represent fixed income performance. To help manage overall return volatility, the Index may also systematically utilize Cash performance in addition to the performance of the two underlying indices. Important Note: The ML Strategic Balanced Index embeds an annual index cost in the calculations of the change in Index Value over the Index Term. This “embedded index cost” will reduce any change in Index Value over the Index Term that would otherwise have been used in the calculation of index interest, and it funds certain operational and licensing costs for the index. It is not a fee paid by you or received by the Company. The Company’s licensing relationship with Merrill Lynch, Pierce, Fenner & Smith Incorporated for use of the ML Strategic Balanced Index and for use of certain service marks includes the Company’s purchase of financial instruments for purposes of meeting its interest crediting obligations. Some portion of those instruments will, or may be, purchased from Merrill Lynch, Pierce, Fenner & Smith Incorporated or its Affiliates. Merrill Lynch, Pierce, Fenner & Smith Incorporated and its affiliates (“BofA Merrill Lynch”) indices and related information, the name “BofA Merrill Lynch”, and related trademarks, are intellectual property licensed from BofA Merrill Lynch, and may not be copied, used, or distributed without BofA Merrill Lynch’s prior written approval. The products of licensee American General Life Insurance Company have not been passed on as to their legality or suitability, and are not regulated, issued, endorsed, sold, guaranteed, or promoted by BofA Merrill Lynch. BOFA MERRILL LYNCH MAKES NO WARRANTIES AND BEARS NO LIABILITY WITH RESPECT TO ANY INDEX, ANY RELATED INFORMATION, ITS TRADEMARKS, OR THE PRODUCT(S) (INCLUDING WITHOUT LIMITATION, ITS QUALITY, ACCURACY, SUITABILITY AND/OR COMPLETENESS). The ML Strategic Balanced Index (the “Index”) is the property of Merrill Lynch, Pierce, Fenner & Smith Incorporated, which has contracted with S&P Opco, LLC (a subsidiary of S&P Dow Jones Indices LLC) to calculate and maintain the Index. The Index is not sponsored by S&P Dow Jones Indices or its affiliates or its third party licensors (collectively, “S&P Dow Jones Indices”). S&P Dow Jones Indices will not be liable for any errors or omissions in calculating the Index. “Calculated by S&P Dow Jones Indices” and the related stylized mark(s) are service marks of S&P Dow Jones Indices and have been licensed for use by Merrill Lynch, Pierce, Fenner & Smith Incorporated. Index Disclosure for the ML Strategic Balanced Index