Master the opportunities

Transcription

1 TM MasterDex 5 Aity Master the opportities A eqity-idexed, fixed aity with poit-to-poit mothly creditig ad a premim bos Alliaz Life Israce Compay of North America CB50626 Page 1 of 16

2 Discover the MasterDex 5 TM Aity from Alliaz A eqity-idexed, fixed aity from Alliaz ca be a valable asset. A prdet wealth maagemet pla shold t rely solely o ftre Social Secrity to pay for a idividal s retiremet years. Oe way to accmlate additioal assets for retiremet icome is a aity. The moey i a aity has the potetial to create a additioal sorce of retiremet icome that ca spplemet Social Secrity. Assets placed i a aity ca eve provide a variety of icome streams. This is oe reaso may idividals se aities to help them achieve their log-term fiacial goals, icldig retiremet icome. Here s how a aity works. A aity is a cotract betwee a cotract ower ad a life israce compay. The aity s vale is backed by the fiacial stregth ad claims-payig ability of the issig israce compay. As cotract ower, yo pay premim to the israce compay. I exchage for yor premim, the israce compay promises to make paymets to yo at some poit i the ftre. Yo may also receive the beefits listed o the followig page. Yo shold ot by a aity for short-term prposes. Yo geerally have to keep yor premim i the aity for a specified period of time to avoid the assessmet of pealties, sch as srreder charges. Page 2 of 16

3 Aities offer importat beefits. Potetial growth drig the aity s accmlatio phase: Drig this iitial phase, a aity ca be a ideal vehicle to help yo accmlate moey for yor retiremet. Icome for life ad other optios drig the retiremet icome phase: Whe yo are ready to start takig icome, the aity offers yo a rage of payot optios. Some optios may offer a immediate, sigle paymet. Others may iclde icome paymets schedled over a specific period of time, icldig yor etire lifetime. Tax deferral that ca help yor moey grow: The moey i yor aity ca grow tax-deferred. This meas yo do t have to pay taxes o yor aity s growth til yo begi to withdraw moey from the aity. The power of tax deferral, compoded over the life of yor aity s accmlatio phase, may have a positive impact o the vale yor aity geerates for yor retiremet. Ay distribtio may be sbject to ordiary icome taxes ad, if take prior to age 59 1 /2, to a 10% federal tax pealty. Death beefit protectio for yor beeficiaries: As we oted earlier, aities are life israce prodcts. So it s oly atral that they ca give yo peace of mid, kowig yor beeficiaries are protected if yo pass away. Eqity-idexed aities are differet. A eqity-idexed aity ears iterest based o chages i a exteral eqity idex. This is differet from traditioal aities, which credit iterest calclated at a fixed rate set i the cotract. The selected idex varies from day to day ad is ot predictable. Whe yo by a eqity-idexed aity yo ow a israce cotract yo are ot byig shares of ay stock or idex. May eqity-idexed aities also permit cotract owers to allocate premim to a traditioal fixed iterest optio, where iterest is credited at a fixed rate of iterest ot based o ay exteral eqity idex. The vale of a eqity-idexed aity will ot drop below a garateed miimm specified i the cotract. This meas that if yo take moey ot of the cotract or die, yo (or yor beeficiaries) are garateed to receive at least a miimm vale. To smmarize, a eqity-idexed aity offers cotract owers: The potetial for growth by basig iterest eared o the performace of a eqity idex or idexes (Iterest eared o a eqity-idexed aity cold be less tha the iterest eared i a traditioal fixed aity.) A garateed miimm vale Page 3 of 16 1

4 Aity from Alliaz Discover the MasterDex 5 Aity from Alliaz. MasterDex 5 ca offer yo safety while it helps yo reach yor fiacial goals. With MasterDex 5: Yo ear a 5% bos o premim received for five years. 1 Each year, yo may receive idexed iterest based o mothly chages of a market idex, sbject to a mothly cap. After jst 10 years yo ca take yor aity s fll vale. 2 Ay idexed iterest is locked i oce a year, elimiatig risk de to market idex losses. 2 1 Bos aities may iclde higher srreder charges, loger srreder charge periods, lower caps, or other restrictios that are ot iclded i similar aities that do t offer a premim bos featre. 2 Drig the first 10 cotract years, we will apply a srreder charge ad market vale adjstmet if yo (or yor beeficiaries) partially or flly srreder yor cotract. The same wold apply if yo begi aitizatio, which meas takig icome paymets, prior to the sixth policy year (or for fewer tha 10 years). Ay amots withdraw may be sbject to ordiary icome taxes ad, if take prior to age 59 1 /2, to a 10% IRS pealty. These charges ad taxes may reslt i a loss of bos, idexed iterest ad fixed iterest, ad a partial loss of pricipal. 2 Page 4 of 16

5 Aity from Alliaz Safety MasterDex 5 locks i ay aal idexed iterest atomatically. 2 If idexed iterest is credited to yor aity s vales, it ca ever be lost de to market idex volatility. MasterDex 5 protects yor pricipal ad 5% bos from idex losses. 2 Yor pricipal ad bos are ever sbject to market idex risk. A dowtr i the market idex(es) caot have a egative impact o yor cotract vales. We garatee it. Growth MasterDex 5 lets yo beefit whe the market idex is headig p. Cotrol If yo eed cash, MasterDex 5 gives yo access. 2 Begiig 12 moths after yor last premim is received, yo may aally withdraw p to 10% of yor total premims paid withot a srreder charge or market vale adjstmet til 50% of yor total premim has bee withdraw. After 10 years it s yor choice: take the moey, or stay. 2 Aytime after yor 10th cotract year, yo ca walk away with yor aity s fll vale (mis ay loas or withdrawals). Of corse, yo ca leave yor moey i the aity so it coties to beefit from potetial idexed iterest. Whe the market is headed p, the vale of yor MasterDex 5 ca also icrease. That s becase at the ed of each year, yo get fll 100% participatio i potetial mothly gais sbject, however, to a established maximm, or mothly cap. MasterDex 5 has a real differece. This sms it p. Safety Growth Cotrol The MasterDex 5 tracks poit-to-poit mothly chages (sbject to a mothly cap) i the market idex(es). Oce a year, those 12 moths vales are atomatically added p ad credited if positive. The sm helps determie the crret vale of yor aity. Stadard & Poor s, S&P, S&P 500, Stadard & Poor s 500, ad 500 are trademarks of The McGraw- Hill Compaies, Ic. ad have bee licesed for se by Alliaz Life Israce Compay of North America. The prodct is ot sposored, edorsed, sold or promoted by Stadard & Poor s ad Stadard & Poor s makes o represetatio regardig the advisability of prchasig the prodct. The Nasdaq-100, Nasdaq-100 Idex, ad Nasdaq are trade or service marks of The Nasdaq Stock Market, Ic. (which with its affiliates are the Corporatios) ad are licesed for se by Alliaz Life Israce Compay of North America. The prodct(s) have ot bee passed o by the Corporatios as to their legality or sitability. The prodct(s) are ot issed, edorsed, sold, or promoted by the Corporatios. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE PRODUCT(S). Page 5 of 16 3

6 Aity from Alliaz MasterDex 5 tracks market idex chages, the pts it all together. Here s how. With MasterDex 5, the vale of yor aity is based o the mothly poit-to-poit flctatios of two of America s most recogized stock idexes: the S&P 500 ad the Nasdaq-100. MasterDex 5 Aity basics The MasterDex 5 Aity is a poit-topoit eqity-idexed aity that offers a 5% premim bos, retiremet icome ad a choice of fixed iterest ad/or idexed iterest based o chages i the S&P 500 ad Nasdaq-100 idexes. Yo ca get all the beefits offered by the MasterDex 5 with a iitial premim amot of $25,000 or more. Yo ca add moey at ay time drig the first five cotract years ad receive a 5% bos o it. Additioal premim paymets made drig a cotract year, ad ay bos, are credited to yor cotract s iterim iterest accot til the followig cotract aiversary, at which time yo ca decide how they shold be allocated. Iterest creditig calclatios We captre the crret vale of the market idex o the date yo prchased yor cotract, as well as o each cotract s mothiversary. So if yor cotract is dated the seveth of the moth, yor mothiversary will be the seveth day of every scceedig moth throghot the life of the cotract. Mothly retrs are calclated i two steps. First, the chage from the previos moth s idex vale to the crret moth s idex vale is divided by the previos moth s idex vale. This amot is the mltiplied by the participatio rate. I ay give moth, a positive mothly retr may exceed yor aity s stated mothly cap. I that case, the mothly capped retr will be sed i the idexed iterest calclatio. We ca raise or lower the mothly cap aally bt it will ever be less tha 1%. At the ed of each cotract year, the mothly capped retrs are added together to calclate yor idexed iterest for that year. If this sm is egative, the idexed iterest for that year will be zero. Althogh there is a mothly cap o positive mothly retrs, there is o established limit o egative mothly retrs. This meas that a large decrease i oe moth cold egate several mothly icreases. Actal idexed iterest may be lower (or zero) if the market idex declies from oe mothiversary to the ext, eve if the market idex experieced a overall gai for the year. Althogh a exteral idex may affect yor cotract vales, the cotract does ot directly participate i ay stock or eqity ivestmets. Yo are ot byig ay shares of stock or shares of a idex. The market idex vale does ot iclde the divideds paid o the stocks derlyig the market idex. These divideds are also ot reflected i the iterest credited to yor cotract. 4 Page 6 of 16

7 Aity from Alliaz Here s a hypothetical illstratio showig idexed iterest based o 12 moths of hypothetical idex retrs ad a mothly cap. We establish this mothly cap o every aiversary, ad garatee it for that cotract year. We ca lower the mothly cap bt it ca ever be less tha. Figres impacted by the mothly cap are show i bold type. Althogh yo ca allocate premim to either idex (or both), for simplicity s sake or example will presme all of the aity s premim has bee allocated to a sigle idex. To fid the idexed iterest for the year, simply add p the 12 mothly capped retrs. Accmlatio vale at begiig of cotract year: $105,000 Bos: 5% Assmed mothly cap percetage: Hypothetical mothly Mothly Moth idex retr cap applied Vale at ed of cotract year: $111, % (The sm of mothly capped retrs eqals the year s idexed iterest.) No represetatio is made of ftre performace. As a MasterDex 5 cotract ower, yo do ot ivest directly i ay idex. We sed a hypothetical mothly cap. Usig the miimm mothly cap the idexed iterest for the year wold be 0%. Yo ca ear fixed iterest. Traditioal fixed iterest is calclated ad credited daily for both the fixed iterest allocatio ad the iterim iterest accot. Iterest credit rates are declared aally by Alliaz. We ca raise or lower iterest credit rates aally, bt they will ever be less tha 1.5%. There are o p-frot fees or ftre sales charges. There are ever ay asset fees or p-frot sales charges. 100% of yor premim is credited to yor accmlatio vale. However, srreder charges ad market vale adjstmets do apply drig the first 10 cotract years. Pt all yor eggs i oe basket. Or two. Or three. Whe yo prchase yor MasterDex 5, yo ca base yor aity s potetial growth exclsively o the S&P 500 or the Nasdaq-100. Yo ca also allocate yor etire premim to a fixed iterest optio. If yo wish, however, yo ca allocate (i 25% icremets) amog all three optios. Now THAT S cotrol! Chage yor mid? No problem! Shortly after yor cotract aiversary each year, we ll otify yo that yo ca chage yor allocatios. Chages to yor allocatios mst be sbmitted i writig. If we receive yor chages withi 21 days of yor cotract aiversary, they will be effective drig that cotract year. Allocatio chages received more tha 21 days after yor cotract aiversary wo t take effect til yor ext cotract aiversary. Page 7 of 16 5

8 Aity from Alliaz No matter what the market idex does MasterDex 5 gives yo: Potetial idexed iterest based o a market idex Protectio from market idex losses All yor moey (icldig idexed iterest ad bos) after 10 years! The large chart to the right trs back the clock to show how the MasterDex 5 Aity might have delivered from 1995 throgh 2004 if the policy had bee offered. The vales show are based o the followig assmptios: $100,000 iitial premim ad a 5% premim bos 100% participatio rate garateed for the life of the cotract Hypothetical mothly cap for each year Miimm garateed mothly cap for each year Prodct available sice % allocatio to the S&P 500 The market vale adjstmet (MVA) is ot iclded i the calclatio of the cash srreder vale. The MVA may icrease or decrease the cash srreder vale show. Uder these assmptios, had the MasterDex 5 existed, it wold have provided a average aal iterest rate of 6.30% sig the mothly cap over the 10-year period show. Usig the miimm mothly cap, the average aal iterest rate wold be 2.04%. 40% 30% 20% 10% 0% Growth Cmlative capped mothly retrs, % idexed iterest J F M A M J Jy A S O N D I the best year, MasterDex 5 ca deliver potetial growth. Moth Ja Feb Mar Apr May J Jly Ag Sept Oct Nov Dec I these three magified scearios (Growth, Pricipal protectio, ad Performace), we take a closer look at the MasterDex 5 Aity drig three very differet years. Note the way moth-by-moth chages i the market idex have a impact o idexed iterest. S&P mothly retr 2.43% 3.61% 2.73% 2.80% 3.63% 2.13% 3.18% -0.03% 4.01% -0.50% 4.10% 1.74% Idexed iterest capped mothly at at 2.13% -0.03% -0.50% 1.74% -0.03% -0.50% Total 34.11% 22.54% 9.47% 6 Page 8 of 16

9 Hypothetical example based o S&P 500 performace from: Vales i this chart are based o S&P 500 performace (withot divideds) drig the most recet 10-year period. All vales are year-ed vales. Past performace is o garatee of ftre reslts. No represetatio is made of ftre performace. Yo are ot byig shares of ay stock or idex. $200,000 $180,000 $160,000 $140,000 $120,000 $100,000 $80,000 p l Accmlatio vale at mothly cap Cash srreder vale at mothly cap Accmlatio vale at mothly cap Cash srreder vale at mothly cap l p p p p p p p p p p p l l l l l l l l l l MasterDex 5 TM Aity from Alliaz $184,147 10% 0% -10% -20% -30% Pricipal protectio Cmlative capped mothly retrs, 2000 Accot Cotract vales do t declie J F M A M J Jy A S O N D I a egative year, MasterDex 5 locks i previos idexed iterest. Moth Ja Feb Mar Apr May J Jly Ag Sept Oct Nov Dec S&P mothly retr -5.09% -2.01% 9.67% -3.08% -2.19% 2.39% -1.63% 6.07% -5.35% -0.49% -8.01% 0.41% Idexed iterest capped mothly at at -5.09% -2.01% -3.08% -2.19% 2.39% -1.63% -5.35% -0.49% -8.01% 0.41% -5.09% -2.01% -3.08% -2.19% -1.63% -5.35% -0.49% -8.01% 0.41% Total % 0.00% 0.00% 10% 5% 0% -5% Performace Cmlative capped mothly retrs, 2004 J F M A M J Jy A S O N D I a average year, MasterDex 5 ca provide idexed iterest. Moth Ja Feb Mar Apr May J Jly Ag Sept Oct Nov Dec S&P mothly retr 1.73% 1.22% -1.64% -1.68% 1.21% 1.80% -3.43% 0.23% 0.94% 1.40% 3.86% 3.25% Idexed iterest capped mothly at at 1.73% 1.22% -1.64% -1.68% 1.21% 1.80% -3.43% 0.23% 0.94% 1.40% -1.64% -1.68% -3.43% 0.23% 0.94% Total 8.99% 6.58% 1.42% Page 9 of 16 7

10 Choose from a variety of optios to receive steady, predictable icome from yor aity. Choose from several aity paymet optios. If yo keep yor cotract i deferral for at least five years, yo ca choose to receive aity paymets i ay of the followig ways: Iterest oly Yo have the optio to receive iterest-oly aity paymets for five years. Iterest will be paid as eared based o the amot of yor accmlatio vale. After five years of iterest oly paymets, yo ca take yor fll accmlatio vale as a lmp-sm paymet. Istallmets for a garateed period Yo ca choose to receive aity paymets i eqal istallmets for a period from 10 to 30 years. Each istallmet wold cosist of part pricipal ad part iterest. 8 Istallmets for life Yo have the optio to receive aity paymets i eqal istallmets for the rest of yor life. Paymets ed po yor death. Istallmets for life with a garateed period Yo ca choose to receive aity paymets i eqal istallmets for the rest of yor life. Upo yor death, the balace of the garateed period, if ay, will be paid to yor beeficiary the same way as yo previosly selected. Istallmets for a selected amot Yo may select to receive aity paymets i eqal istallmets of a amot that yo choose, as log as the paymets last for at least 10 years. Paymets cotie til yor accmlatio vale is goe. Page 10 of 16

11 Aity from Alliaz Access yor moey sooer to help pay for rsig home care. 1 Joit ad srvivor Yo ca select to have eqal istallmets paid til yor death, the cotie to be paid to yor srvivor. I this case, yo ca select 100%, 2/3, or 1/2 of yor paymet amot to be paid to yor srvivor til his/her death. The payot rate sed to determie the icome stream depeds o the age of yor cotract ad the payot optio selected. The garateed iterest rate i payot is 1%. MasterDex 5 offers yo a death beefit. The MasterDex 5 Aity provides a death beefit payable to yor amed beeficiary. If take as aity paymets over at least five years, the aity paymets will be based o yor cotract s fll accmlatio vale. If take as a lmp sm, the death beefit will eqal the greater of the cash srreder vale (which is the accmlatio vale adjsted for a srreder charge ad market vale adjstmet drig the srreder charge period) or the sm of premims paid less ay withdrawals. The death beefit paid to a properly desigated beeficiary (other tha the estate) will pass withot the costs ad delays of probate. If yo, as the cotract ower, shold eter a rsig home, log term care facility, or hospital for at least 30 days ot of a 35-cosective-day period after the first cotract year, yo may take a accelerated distribtio of yor cotract s accmlatio vale over a period as short as five years. If yo do t wat yor aity proceeds to be a tax brde for yor beeficiary, here s a soltio. The Death Beefit Rider 1 eables yor beeficiary to receive a tax-free death beefit p to 28% of taxable gai. It allows yo to pass o more of yor aity s vale to yor beeficiaries ad redces a possible tax obstacle for them. Althogh the rate at which yor beeficiaries will pay icome tax at some ftre date is kow, the Death Beefit Rider ca offset a sbstatial portio or all of the federal icome taxes de at the time of yor death (state or local taxes may apply). Please ote: A Death Beefit Rider charge will apply; beefit oly applies to oqalified cotracts where ower/aitat are the same. 1 Not available i all states. Page 11 of 16 9

12 Aity from Alliaz MasterDex 5 gives yo the freedom to access yor moey i several ways. Take free withdrawals. Yo ca take oe free withdrawal of p to 10% of premims every 12 moths withot a srreder charge or market vale adjstmet as log as: It occrs 12 moths after the last premim is received No more tha oe withdrawal is take withi a 12-moth period Total free withdrawals do ot exceed 50% of premims received If, withi 12 moths of a free withdrawal, the cotract is srredered or aitized, aother withdrawal is take, or additioal premim is added, we will retroactively apply a srreder charge ad market vale adjstmet (MVA) to that withdrawal. This cold reslt i a loss of bos, idexed iterest ad fixed iterest, ad a partial loss of pricipal. Withdrawals will decrease the vale of the cotract ad its death beefit. A free withdrawal is eligible to receive partial idexed iterest at the ed of the cotract year. Partial idexed iterest is based o the aal idexed iterest ad the amot of time drig that year before the free withdrawal was take. Schedle Systematic Withdrawal of Credits. Systematic Withdrawal of Credits allows yo to keep yor cotract i deferral ad receive paymet of idexed iterest. Yo ca select to receive paymets after yor fifth cotract year. Paymets will be based o idexed iterest applied to yor cotract after the reqest is received. Yo may take this Systematic Withdrawal of Credits withot srreder charges ad MVA, ad yor cotract coties to beefit from potetial idexed iterest. To qalify for this optio, yor cotract mst be held at least five cotract years ad still be i deferral. Takig Systematic Withdrawal of Credits will lower the accmlatio vale ad vale of death beefits. Take a cotract loa. A cotract loa may be take for p to 50% of the cash srreder vale (maximm of $50,000). The loa iterest rate is 7.4% aally i advace. Loas are ot available with IRA, SEP, or some other qalified plas. Upaid loas will be treated as a partial srreder, which meas it is sbject to srreder charges ad MVA. Take reqired miimm distribtios. Reqired miimm distribtios from a tax-qalified pla (IRA, SEP, etc.) will qalify as a free withdrawal if take aally i December or mothly throghot the year. Cotract vales ad the amot available for free withdrawal will be redced by the distribtio amot withdraw. 10 Page 12 of 16

13 Aity from Alliaz Srreder with lmp-sm payot. Walk away with yor aity s fll accmlatio vale at ay time after 10 cotract years. If yo partially or flly srreder yor cotract before the teth cotract aiversary, the amot yo receive will be redced by a srreder charge ad a MVA as show i the charts below. A srreder charge ad a MVA will also apply if yo aitize prior to the sixth cotract year or if the aity paymets are take over a period of fewer tha 10 years. This cold reslt i loss of idexed iterest, fixed iterest, bos, ad a partial loss of pricipal. However, the cash srreder vale will ever be less tha the garateed miimm vale as described i yor cotract. A srreder charge ad a MVA may be applied po death. Note: the moey yo take ot may be taxable. Srreder charge percetages Start of Srreder cotract year charge % % % % % % % % % % % % The srreder charge percetage will start at 15.00% o the date of cotract isse. Begiig i cotract year for, the srreder charge percetage will decrease by % o each mothly aiversary. Yor cotract vales grow tax-deferred. However, ay distribtios from yor cotract, icldig free withdrawals, partial withdrawals, loas, Systematic Withdrawal of Credits ad reqired miimm distribtios, may be taxable as ordiary icome. If yo are der age whe a distribtio is take, the IRS may impose a additioal 10% pealty tax. A ote abot the market vale adjstmet (MVA): If yo partially or flly srreder yor MasterDex 5 Aity, it will be sbject to a MVA drig the srreder charge period. A MVA will also apply if yo aitize prior to the sixth cotract year or if the aity paymets are take over a period of less tha 10 years. A MVA is a calclatio sed to adjst the vale of moey withdraw accordig to the iterest rate eviromet at the time the withdrawal is take. The MVA may icrease or decrease yor cotract s cash srreder vale. I geeral, if the 10-year US Treasry Costat The the Matrity Iterest Rate at time of withdrawal is: MVA is: Resltig i: Less tha whe the premim was sbmitted Greater tha 1 Higher cash srreder vale Eqal to whe the premim was sbmitted Eqal to 1 No effect o cash srreder vale Greater tha whe the premim was sbmitted Less tha 1 Lower cash srreder vale Page 13 of 16 11

14 Aity from Alliaz Is the MasterDex 5 Aity the right choice for yor retiremet plas? The MasterDex 5 Aity offers a combiatio of israce garatees ad beefits. It merits yor carefl cosideratio if: Yo wold appreciate receivig a p-frot bos to help accmlate moey for retiremet. Yo wish to receive idexed iterest based o potetial gais i the S&P 500 or Nasdaq-100. Yo wat to protect yor pricipal, bos, fixed iterest, ad locked-i idexed iterest if the market idex declies. Yo wat log-term tax-deferral of retiremet assets. Yo wat flexible icome optios. Yo wat a death beefit for yor heirs. The MasterDex 5 Aity: a powerfl fiacial tool for pricipal protectio alog with potetial growth. Make it part of yor retiremet portfolio. 12 Page 14 of 16

15 Or top priority is the safety of yor moey. All cotracts are issed by Alliaz Life Israce Compay of North America, a member of the Alliaz Grop. With over 700 sbsidiaries i more tha 70 cotries, the Alliaz Grop is oe of the world s leadig providers of itegrated fiacial services. Or goal is to provide cotract owers with wealth maagemet prodcts that ca help meet today s eeds ad fiacial objectives, with a prodct philosophy of offerig fair ad eqitable vales o each cotract we isse. Foremost i or mids is the safety of the moey yo etrst to or care. Alliaz has cosistetly bee assiged fiacial stregth ratigs by Stadard & Poor s ad A.M. Best that are amog the highest available. It is oe of a select grop of major israce compaies to receive sch high ratigs. These idepedet agecy ratigs are based o a aalysis of fiacial reslts ad evalatio of maagemet objectives ad strategies. The ratigs do ot idicate approval by the aalysts ad are sbject to chage. Iovative prodcts, exceptioal cstomer service, ad sod fiacial stregth make Alliaz the place to tr to help meet yor retiremet objectives. Cotracts are issed by Alliaz Life Israce Compay of North America (form P50614 (with PS ) ad state variatios if applicable). Aget ame Licese mber Prodct availability ad beefits may vary by state. Page 15 of 16

16 Alliaz Life Israce Compay of North America 5701 Golde Hills Drive Mieapolis, MN / (R-1/2006) Page 16 of 16