Transcription

1

2

3

4

5

6

7

8

9

10 Life Insurance Illustration Initial Death Benefit $ Name: Client Male Age : 44-Select n-smoker Date: 4/7/214 Initial Payment $ n-guaranteed Interest Rate 2.% Year Age Net Annualized Outlay Cumulative Net Outlay Annualized Cash Value Incr / Decr Net Surrender Value Net Death Benefit , , , ,22 T@ 48 35,22 35, , , , , ,44 T@ 53 7,44 7, ,484 2,499 2, ,528 5,376 7, ,572 5,54 12, ,616 4,75 17, ,66 4,553 22,232 T@ 58 15,66 15,66 22,232 22, ,74 4,35 26, ,748 3,98 3, ,792 3,465 33, ,836 3,19 37, ,88 2,581 39,681 T@ 63 14,88 14,88 39,681 39, , , , , , , , , ,1-1,485 36,748 T@ ,1 176,1 36,748 36,748 V2.51. C This is a supplemental illustration. It must be accompanied by a TransACE Select (SM) proposal from Transamerica Life Insurance Company which contains guaranteed elements and other important information. Refer to the Federal Income Tax Considerations notes in the Guide to Illustration concerning MEC status and related information. Any non-guaranteed elements illustrated are subject to change and can be either higher or lower. Presented by: Eric Smith Page 1 of 4

11 Life Insurance Illustration Initial Death Benefit $ Name: Client Male Age : 44-Select n-smoker Date: 4/7/214 Initial Payment $ n-guaranteed Interest Rate 2.% Year Age Net Annualized Outlay Cumulative Net Outlay Annualized Cash Value Incr / Decr Net Surrender Value Net Death Benefit ,144-2,537 34, ,188-3,261 3, ,232-4,68 26, ,276-5,328 21, ,32-6,748 14,86 T@ ,32 211,32 14,86 14, ,364-8,347 6,459 T@ , ,364 6,459 6,459 V2.51. C This is a supplemental illustration. It must be accompanied by a TransACE Select (SM) proposal from Transamerica Life Insurance Company which contains guaranteed elements and other important information. Refer to the Federal Income Tax Considerations notes in the Guide to Illustration concerning MEC status and related information. Any non-guaranteed elements illustrated are subject to change and can be either higher or lower. Presented by: Eric Smith Page 2 of 4

12 Life Insurance Illustration Column Description Page April 7, 214 Net Annualized Outlay Annual after-tax outlay (net of taxes on withdrawals and loans.) Cumulative Net Outlay Sum of net annual outlay. Annualized Cash Value Incr / Decr Annual increase in cash value. Net Surrender Value Gross Cash Value net of Loans and Withdrawals. Net Death Benefit Gross Death Benefit net of Loans and Withdrawals. Transamerica Life Insurance Company Page 3 of 4

13 Illustration Concept: Life Insurance Illustration Concept Information Page April 7, 214 The Ledger concept illustrates non-guaranteed values and other nonguaranteed elements. The net annual premium outlay column includes total illustrated annual premium for the base policy and any riders less any loans, dividends and/or surrenders of other policy values, plus any tax consequences that might result from situations such as a Modified Endowment Contract. Please refer to the Basic Ledger and Supplemental Ledger for a complete description of non-guaranteed values including definitions of cash value and death benefit columns. Transamerica Life Insurance Company Page 4 of 4

14 Messages April 7, 214 Name: Client M/44 Company/ Product: Transamerica/ TransACE 213 Product Warning(s) The years to pay the premium has been reduced to its maximum of 67. The years to pay the premium has been reduced to its maximum of 67. Page 1 of 1 4/7/14 6:27 PM

15 Client Input Summary Company: Transamerica Product: TransACE 213 April 7, , Insured Insured Name Client Sex Male Date of Birth 3/31/197 Age 44 Class Select n-smoker Table Rating ne Flat Extra State of Issue Colorado Back Date to Date Today Solve For Solve For Premium Face Amount 1 to Premium Solve Option ACE Premium Target ACE Period Maximum Years to Pay Premium 111 Solve Value Solve Year Solve Rate Disbursements Disbursements Interest Rate Assumed Interest Rate Threshold Interest Ratelock Date Use New Threshold Rates 1 to 95 - Current Today Policy Options Death Benefit Option 1 to 99 - Level Premium Mode Monthly PAC 135 Internal Exchange Amount 135 Internal Exchange Cost Basis 135 External Exchange Amount 135 External Exchange Cost Basis Policy Month 135 Expected 1 Lump Sum Lump Sum Month Expected 2 Variable Mthly Deductions Page 1 of 2

16 Client Input Summary Company: Transamerica Product: TransACE 213 April 7, , Policy Options - Cont'd Guaranteed Mthly Deductions Variable MD Percent IRR On Death Benefit IRR On Surrender Print Revised Illustration Years to Print 121 Income Protection Option Solve Manual Input Initial Lump Sum Fixed Monthly Payment Fixed Monthly Payment Years 5 Final Lump Sum Sum of Payment Amounts Policy Riders Policy Riders Long Term Care Rider Long Term Care Rider Agent Info Agent Name Eric Smith Agent Company YourLifeSolution.com Agent Address 3952 N Elston Agent City Chicago Agent State Illinois Agent Zip Code 6618 Agent Phone Agent Fax Agent License # Agent Bank Sale Ledger Title Line Tax Bracket 1 to Page 2 of 2