FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC

The AG Extend IULSM & How To Illustrate

Presented by…

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Term Conversion Rules

AG Extend IUL Policy Features

Policy Specifications

Current Rates

How To Correctly Illustrate

Agenda

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Conversion

Term Conversion Rules

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Term Conversion Rules

AG Secure Lifetime GUL® AG Choice Index GUL ®Elite UL® Elite Index®Elite Global Plus®

Convertible to earlier of age 70 or end of level term period

Years 1 - 5

Years 6+ New AG Extend IULSM*

Years 1 - 2 AG ROP Select-a-Term®

*Elite Transtition ULSM in NY & VT until AG Extend IUL is approved

FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC

It is the indexed universal life product

designed for term conversions beyond

the fifth anniversary of the

term coverage.

What Is AG Extend IULSM?

FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC

Flexible premium universal life insurance product for issue only as

a result of a term conversion after the fifth term policy year.

Ability to allocate premiums among Declared Interest Account,

Cap Rate Index Account and Participation Rate Index Account.

Interest crediting based in part on the one year point-to-point

growth in the S&P 500® when either the Cap Rate Index Account

or the Participation Rate Index Account is selected.

Key Features

FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC

Strong death benefit protection.

High internal rate of return on the death benefit.

20-year no-lapse guarantee.

(15 years for ages 61-70, and 5 years for ages 71-80)

Provides a no-lapse guarantee rider to age 100.

Issued in all states by American General Life Insurance Company

(policy form # 12436, ICC12-12436) except: NY and VT.

Key Features

FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC

Issue Ages 20-80

Minimum Death Benefit $50,000

Death Benefit Options

Option 1 (Level)

Option 2 (Increasing)

Policy Specifications

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Percent of Premium Load – current charge of 8

percent of all premiums (maximum 10 percent)

Monthly Administration Fee – current charge of $10

(maximum charge of $12)

Five-year monthly expense charge per $1,000 of

base coverage

19-Year surrender charge schedule

Policy Charges

FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC

Policy Loans

3 Policy owners should consult a tax advisor to determine if these transactions trigger a taxable event.

FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC

Current Rates

Rates current as of 03/07/2013

FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC

Monthly Guarantee Premium (MGP) to Age 100

Accidental Death Benefit Rider (ADB)

Children’s Insurance Benefit Rider (CIB)

Extension of Maturity Date Rider

Spouse/Other Insured Rider

Terminal Illness Rider

Available Rider

FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC

Illustrating

in

WinFlex

FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC

Male 45 Preferred Non-Tobacco

$1,000,000 Guaranteed Death Benefit

Paying Annually

What Premium Should The Client Pay?

Case #1

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WinFlex Insured/Solve For

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WinFlex Riders

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WinFlex

FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC

WinFlex

FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC

WinFlex

FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC

What if we want to shorten the guarantee period?

Let’s only guarantee the product to life expectancy

say age 85.

We simply stop paying premium at that age and the

guarantee stops.

Let’s take a look…

Case #1 Cont…

FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC

WinFlex Solve For

FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC

WinFlex

FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC

Case #2

Male 50 Table H

$1,000,000 Guaranteed Death Benefit

Paying Annually

What Premium Should The Client Pay?

FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC

WinFlex Insured/Solve For

FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC

WinFlex Riders

FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC

WinFlex

FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC

WinFlex

FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC

WinFlex Solve For

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WinFlex

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WinFlex Policy Options

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WinFlex

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Questions

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Policies issued by:American General Life Insurance Company (AGL)2727-A Allen Parkway, Houston, TX 77019

The United States Life Insurance Company in the City of New York (US Life)One World Financial Center, 200 Liberty Street, New York, NY 10281

The underwriting risks, financial and contractual obligations and support functions associated with the products issued by AGL or US Life are the issuing insurer’s responsibility. Guarantees are subject to the claims-paying ability of the issuing insurance company. US Life is authorized to conduct insurance business in New York. Policies and riders not available in all states. American General Life Companies, www.americangeneral.com, is the marketing name for a group of affiliated domestic life insurers, including AGL and US Life.

©2013. All rights reserved.

AGLC106471