1. Quality of Life . . . Insurance® Portfolio
Policies issued by American General Life Insurance Company
Providing differentiated protection from life’s uncertainties
Jennifer Cole Director, Marketing Strategy & Research Life Insurance, AIG Global Consumer Insurance
Introduction

2. Quality of Life . . . Insurance®
Real Benefits + Real Flexibility = Real Protection
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 UL
Guarantee UL, Indexed UL
Term, Indexed UL, UL
Term Only
Chronic Illness
Maximum Acceleration
a Lesser of 100% of DB or $1,500,000
a Varies – Only available in individual policy form*
a Lesser of 100% of DB or $1,000,000
a Lesser of 90% of DB or $500,000
Critical Illness Maximum Acceleration
None
a Lesser of 25% of DB or $50,000 Max Payout :$20,000
Terminal Illness Maximum Acceleration a
Lesser of 50% of DB or $250,000
a Lesser of 75% of DB or $750,000
a Lesser of 100% of DB or $500,000
Waiting Period**
Chronic Illness: 30 day waiting period Critical Illness: 30 day waiting period
Chronic Illness: 2 year waiting period Critical Illness: 30 day waiting period
Qol Advantage?
Defined Benefit Available
Quality of Life SelectChoice Accelerated Benefit Rider provides real benefits and real flexibility to your clients, which means real protection they need. In this grid, you can see how the SelectChoice Accelerated Benefit Rider stacks up against the competition.
Read From Slide.
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.

3. QoL Flexterm REAL Value for the Money
How much is QoL worth to term policy?
Monthly amount more with QoL – Male, $250K Face Amount, 20-Year Term 20 25 30 35 40 45 50 55 60 65
PPNT $ $ $ $ $ $ $ $
PNT $ $ $ $ $ $ $ $ $
SPNT $ $ $ $ $ $ $ $ $ $
SNT $ $ $ $ $ $ $ $ $ $ PT $ $ $ $ $ $ $ $ $ $ ST $ $ $ $ $ $ $ $ $ $
Monthly amount more with QoL – Female, $250K Face Amount, 20-Year Term 20 25 30 35 40 45 50 55 60 65
PPNT $ $ $ $ $ $ $ $ $
PNT $ $ $ $ $ $ $ $ $
SPNT $ $ $ $ $ $ $ $ $
SNT $ $ $ $ $ $ $ $ $ PT $ $ $ $ $ $ $ $ $ $ ST $ $ $ $ $ $ $ $ $
How much is QoL SelectChoice ABR worth on your term policy? Here’s a chart that shows how much more premiums your client has to pay each month for a $250K death benefit 20-yr term policy compared to some of the most competitive term products in the market without the ABRs. For example, for a 40 year old male with PPNT class looking for a $250K Death Benefit 20-year term policy, he only needs to pay $1.96/month more than the cheapest term product in the market to get the QoL Flex Term product with all the ABRs.
Read from slide
Legend:
Within $5 or 15%
Not within $5 and beyond 15%
*Rates as of 11/7/14. Comparison of the monthly premiums of QoL Flex Term versus the lowest cost option across thirteen of its key competitors: Accordia Term Life, ANICO Signature Term, AXA Equitable Term 20, John Hancock 20 Year Level Premium Term, Legal & General America OP 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.

4. QoL Flexterm REAL Value for the Money
How much is QoL worth on your term policy?
Monthly amount more with QoL – Male, $500K Face Amount, 20-Year Term 20 25 30 35 40 45 50 55 60 65
PPNT $ $ $ $ $ $ $ $ $
PNT $ $ $ $ $ $ $ $ $
SPNT $ $ $ $ $ $ $ $ $ $
SNT $ $ $ $ $ $ $ $ $ $ PT $ $ $ $ $ $ $ $ $ ST $ $ $ $ $ $ $ $ $
$ 1,048.24
Monthly amount more with QoL – Female, $500K Face Amount, 20-Year Term 20 25 30 35 40 45 50 55 60 65
PPNT $ $ $ $ $ $ $ $ $
PNT $ $ $ $ $ $ $ $ $
SPNT $ $ $ $ $ $ $ $ $
SNT $ $ $ $ $ $ $ $ $ PT $ $ $ $ $ $ $ $ $ $ ST $ $ $ $ $ $ $ $ $ $
Here’s an example for $500,000 death benefit coverage. Read from slide.
Legend:
Within $5 or 15%
Not within $5 and beyond 15%
*Rates as of 11/7/14. Comparison of the monthly premiums of QoL Flex Term versus the lowest cost option across thirteen of its key competitors: Accordia Term Life, ANICO Signature Term, AXA Equitable Term 20, John Hancock 20 Year Level Premium Term, Legal & General America OP 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.

5. Continuing Innovation – QoL + Protected Money
New QoL Performer Plus
Male, 50, Standard Non-tobacco, $500,000 level Death Benefit
QoL Performer Plus
Accordia Life Assure
Policy Purchased at Age 50 - $20, Exchange + $9,010/year to Age 65
Death Benefit $500,000 CV Year 1: $20,318 CV Year 10: $80,858 CV Year 20: $199,030
Death Benefit $500,000 CV Year 1: $9,862 CV Year 10: $96,662 CV Year 20: $177,540
Protected Money!
Insured suffers heart attack at Age 65
Max Potential Acceleration Amount $500,000
Max Potential Acceleration Amount $0
Critical Illness!
Insured accesses cash value at Age 75 to help supplement retirement
QoL Performer Plus offers a Protected Money feature, which allows you to access early lump sum deposits and 1035 exchanges above the benchmark premium free of surrender charges. It provides for higher early cash value as well strong long-term cash accumulation. Let’s take a look at an example that shows how QoL Performer Plus stacks up against Accordia Life Assure.
Read from slide
Cash Surrender Value: $238,815
Cash Surrender Value: $202,371
Strong CSV!
Continuing Innovation – QoL + Protected Money
*Rates as of 10/22/ Cash surrender value based upon illustration current assumptions including planned premiums, current interest rates, and current charges. Current crediting rate for Performer Plus UL is 5.25% and current rate for Accordia Life Assure is 4.75%.

6. QoL Guarantee Plus with Lifestyle Income Rider
Male, 55, Preferred Non-tobacco, Premium for $1,000,000 level DB, guaranteed/carried to Age State of Colorado.
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 85
100
$472,980
$15,766 a
Accordia Life Assure
with Accelerated Access Rider 75
$498,080
$12,452
Nationwide YourLife No-Lapse GUL with LTC rider **
$521,880
$13,047
Transamerica TransACE ® 2014 with LTC rider **
$529,840
$13,246
MetLife Secure Flex Universal Life 86
$535,480
$13,387
Prudential PruLife® Universal Protector
with BenefitAccess Rider**
$547,760
$13,694
Pacific Life Versa-Flex NLG
with Premier Living Benefits Rider
$599,960
$14,999
LSW Foundation*
with Accelerated Benefit Rider 80
$805,640
$20,141
QoL Guarantee Plus not only comes with the SelectChoice Accelerated Benefit Rider but also offers a Lifestyle Income rider which is available at an additional cost. It allows your client to accelerate their death benefit and turn it into a guaranteed income stream. Here is an example that compares the total costs and benefits on QoL Guarantee Plus as well as other competitors’ products.
Read from slide
More protection for less total cost!
*Rates as of 10/22/2014. Current Assumption UL Products illustrated at current rates: 4.75% for Accordia Life Assure, 4.7% for MetLife Secure Flex UL, 4.5% for LSW Foundation UL, ** Ricers that are paid through additional COIs and have dollar for dollar death benefit reduction at the time of claim.

7. Why should your client pay more to get less?
QoL Advantage Value NO Competitor Can Match
Male, 40, Standard Non-tobacco, $200,000 GUL; 25-yr term $400,000
Quality of Life… Insurance®
Transamerica
Stand Alone Policies QoL Guarantee Plus: $200,000 Premium: $1,789 QoL Flex Term: $400,000
Premium: $987
Stand Alone Policies TransACE® 2014: $200,000 Premium: $1,606 Trendsetter LB: $400,000
Premium: $1,082
QoL Advantage Discount
-$131
Total Premium: $2,645
No Policy Fee Discount
Total Premium: $2,688
Lower
Premium!
In addition to competitive and innovative products, you can also use QoL Advantage program to help your clients lower their total costs to meet their financial needs. Here’s an example that shows how QoL Advantage help reduces total costs of a term and GUL policy.
Read from slide
Insured suffers Heart Attack at Age 60
Maximum Acceleration: $600,000
Maximum Acceleration: $360,000
Higher
Benefit!
Why should your client pay more to get less?
*Rates as of 10/22/2014.

8. Questions?
Read from slide

9. Read From Slide

10. Important Consumer Disclosures Regarding American General Life Accelerated Benefit Riders
(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) If a benefit under an Accelerated Benefit Rider is payable and the Owner elects to receive such benefit, the Company will provide the Owner with one (1) opportunity to elect a Flexible Accelerated Benefit and/or a Defined Accelerated Benefit, if applicable, under the Policy as to such Qualifying Event. To make such an election, the Owner must complete an election form and return it to AGL within 60 days of receipt of the election form. The Company will not provide a later opportunity to elect a Flexible Accelerated Benefit and/or a Defined Accelerated Benefit, if applicable, under a Policy as to the same Qualifying Critical Illness or Qualifying Chronic Illness. Under certain circumstances where an insured’s mortality (i.e., our expectation of the insured’s life expectancy) is not significantly changed by a Qualifying Critical Illness or Qualifying 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 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) See your policy for details.
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11. Important Disclosures Regarding American General Life Competitors
The carriers and products included in this presentation are peer group competitors of American General Life Insurance Company. Competitor riders include Accordia Accelerated Access Rider: LCABR-E14; North American Company of Life And Health Accelerated Death Benefit Endorsement for Critical, Chronic and Terminal Illness is issued on form series LR477; Life Insurance Company of the Southwest: Accelerated Benefits Rider 1 (ABR1), Form Series 8052; Accelerated Benefits Rider 2 (ABR2), Form Series 8095; Accelerated Benefits Rider 3 (ABR3), Form Series 8165; Transamerica Trendsetter® LB Policy Form No. TL19. Transamerica Trendsetter® is a registered trademark of Transamerica Life Insurance Company.
Competitor universal life products include: Accordia Life Assure with Accelerated Access Rider (policy form #ICC13-ULA-E14 and ICC13- LCABR-E14), Nationwide YourLife® NLG UL with 100% DB LTC rider (policy form #NWLA0444-CO and NWLA ), Transamerica TransACE® with 100% DB LTC at 2% max monthly payout (policy form # ICC12 UL07 and LTCR02). MetLife Secure Flex Universal Life (Form 5E-38-14), Prudential PruLife® Universal Protector (policy form # ULNLG-2013 and VL 145B), Pacific Life Versa Flex NLG with Premier Living Benefits Rider, using 50%/50% split between Base Coverage and ARTR (policy form #P08VN1 and R12CIU),LSW Foundation with LSW Accelerated Benefit Rider (policy form series 8640KS and ICC ).
Competitor term products include: Accordia Term Life (Form 2TAF05), ANICO Signature Term (Form ART12), AXA Equitable Term 20 (Form ), John Hancock 20 Year Level Premium Term (Form 11Term), Legal & General America OP Term (Form ICC12OPTN), Life Insurance Company of the Southwest Level Term (Form ICC (0613)), Lincoln LifeElement Level Term 20 (Form TRM5065), MetLIfe Guaranteed Level Term 20 (Form 5E-21-04), Nationwide YourLife GLT 20 Year Term (Form ICC13-NWLA-490), New York Life 20 Year Level Term (Form ), North American ADDvantage 20 (Form LS143AMP), Pacific Life Prime Term 20 (Form P12TRS), Prudential Term Essential 20 (Form PLTIC-2008), and Transamerica Trendsetter LB (Form TL19).
Read From Slide

12. QoL SelectChoice ABR benefits and definitions may vary in some states and/or not be available in all states. The maximum amount of life insurance benefit that may be accelerated under a policy is the Accelerated Coverage Amount shown in such policy. Benefit eligibility is subject to limitations and/or Waiting Period, Elimination Period and exclusion requirements. Please read the rider carefully for a complete definition of benefits and the conditions applying to the rider. We offer a stand-alone critical illness policy that provides separate benefits without affecting an owner’s life insurance. A company representative can provide details. Note: The life insurance offered with a SelectChoice Accelerated Benefit Rider is not stand-alone long term care insurance, disability income insurance, or other insurance designed to cover specific costs associated with an illness or condition. Receiving benefits under the rider will reduce the amounts available for future acceleration under it and any other Accelerated Benefit Rider attached to the policy. It will also reduce the base life insurance benefit and the funds available to supplement retirement or other needs. In some cases, such reductions can result in policy termination. Any benefits paid under the rider may be less than what is needed to cover all of the costs associated with an illness or condition. No representing agent 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.
The Defined Accelerated Benefit (DAB) is an optional benefit which provides for payment of a predetermined portion of the applicable life insurance benefit upon the occurrence of a Qualifying Event. The DAB for the initial Qualifying Event, where a claim is made, is determined as a fixed percentage between 5% -15% of the maximum applicable life insurance benefit that can be accelerated under the policy. The DAB for a subsequent Qualifying Event is calculated using a reduced percentage (20% of the initial DAB percentage). There will be a charge for the rider if the DAB percentage is greater than zero. The Flexible Accelerated Benefit (FAB) provides for acceleration of all or a portion of the remaining life insurance benefit that may be accelerated after any DAB is paid. Any portion of the life insurance benefit that is elected to be accelerated as a FAB is subject to an actuarial discount, administrative charge, and payment of any unpaid but due policy premiums and will always be less than the portion of the base life insurance benefit accelerated. The amount offered as a FAB is determined by the company after a claim is submitted and, when accepted, is payable to the Owner as a lump sum. If a benefit under an Accelerated Benefit Rider is payable, the Company will provide the Owner with one (1) opportunity to elect a Flexible Accelerated Benefit under a Policy. The Owner must complete an election form and return it to the Company within 60 days of receipt of the election form. The Company will not provide a later opportunity to elect a Flexible Accelerated Benefit under a Policy as to the same Qualifying Critical Illness or Qualifying Chronic Illness. Subject to state variations.
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 ICC10 ABR and state variations. © 2014 AIG. All rights reserved.
Read From Slide