Frank Polivka

Professional technician with high standards and focus on achieving results. Skilled in troubleshooting, repair, and preventive maintenance for variety of systems and equipment. Strong team collaborator who adapts to changing needs and ensures reliability. Known for problem-solving abilities, mechanical aptitude, and effective communication skills.

• Guardian Life Insurance Illustration Narrative Summary
• Frank Polivka, Male Age 60, Non-Smoker
• Benefit $25,000 Whole Life 99 Index Participation Feature (0% initial allocation) Total First Year Premium $1,163.50
• Dividend Option: Paid Up Additions (D)
• Plan Overview: The following is a general description of the proposed benefits. The complete terms and conditions are shown in the policy.
• Whole Life 99 (2016 Series): Whole Life Insurance Policy, Generic Form Number: 14-L99. A permanent life insurance policy with cash value. Qualifies for annual dividends. Level guaranteed death benefit for the insured's lifetime. Level guaranteed premium payable to age 99.
• Dividend Option: Paid Up Additions (D) Dividends are used to purchase additional paid-up insurance (PUA's). PUA's purchased with dividends will increase the cash value and the death benefit.
• Index Participation Feature: Index Participation Rider, Generic Form Number: 15-IPR. Provides the option to apply an index adjustment to the dividend payable under the policy. The adjustment is based on an external index and the cash value of paid-up additions that are allocated under this rider. While there is no direct out-of-pocket premium for this rider, there is a rider charge that is deducted when an index period is created. The rider charge is paid through the surrender of paid-up additions; the illustration is based on the assumption that the rider charge is paid at the beginning of the year that the index period ends. See Index Participation Feature Disclosure for the current and guaranteed rider charge percentages. The rider ends at age 100. See Index Participation Disclosure for more details.
• Important Notes: All whole life insurance policy guarantees are subject to the timely payment of all required premiums and the claims paying ability of the issuing insurance company.
• This illustration was run assuming a mode of Annual. All premium and other payments are deemed to be made on policy anniversaries. Refer to the end of the Tabular Detail report for the billed amount based on the mode selected.
• Figures depending on dividends are based on the 2019 dividend scale and are not guaranteed. This illustration assumes that the currently illustrated non-guaranteed elements, including dividends, will continue unchanged for all years shown. This is not likely to occur and the actual results may be more or less favorable than those shown. The assumptions on which non-guaranteed elements are based are subject to change by the Company.
• The Numeric Summary report shows the values under three sets of assumptions. In each scenario, the values are based on paying the premium every year and taking no loans or other distributions.
• Guaranteed: The columns show the values assuming that no dividends are ever paid. The guaranteed cash values are based on an interest rate of 4.00% to age 100 and 0% thereafter. The premiums for any riders as well as the Index Participation Feature charge are shown at their guaranteed maximum cost. For the Index Participation Feature, the assumed index adjustment rate is zero.
• The Annual Premium column shows the maximum annual premium for the base policy and any riders at the beginning of the year. The Cash Value column shows the guaranteed cash surrender value of the base policy and any riders at the end of the year. The Death Benefit column shows the guaranteed death benefit of the base policy and any riders at the end of the year.
• Current: Non-Guaranteed - Current - Values are non-guaranteed. The columns show the values based on the 2019 dividend scale. The premiums for any riders are shown at their non-guaranteed scheduled rate. For the Index Participation Feature, the assumed index interest rate for the Numeric Summary and Tabular Detail is 8.48%.
• The Net Premium column shows the amount paid (or received) at the beginning of the year based on current assumptions. The Cash Value column shows the values at the end of the year based on current assumptions. The Death Benefit column shows the death benefit at the end of the year based on current assumptions.
• Intermediate: Non-Guaranteed - Intermediate - The columns show the values assuming dividends at 50% of the dividends contained in the current illustrated scale. The premiums for any riders are shown at a rate half way between the non-guaranteed scheduled rate and the guaranteed maximum cost, if applicable. If positive, the index adjustment rate for the Index Participation Feature is equal to half of the index adjustment rate that was applied under the current scenario. Otherwise, the index adjustment rate is equal to the index adjustment rate that was applied under the current scenario.
• The Net Premium column shows the amount paid (or received) at the beginning of the year based on intermediate assumptions. The Cash Value column shows the values at the end of the year based on intermediate assumptions. The Death Benefit column shows the death benefit at the end of the year based on intermediate assumptions.
• The Planning Concept report is based on the 2019 dividend interest rate and current assumptions.
• The Planning Concept report is based on the following information related to the Index Participation Feature (IPF):
• Schedule of Hypothetical Index Returns: Year 1 To 40 Annual Return of 8.48%
• This illustration is based on the following schedule of allocation percentages related to the Index Participation Feature: Year 1 To 39 0%
• Any request to change the allocation percentage must be received by the Home Office at least 10 days prior to the Index Start Date. The illustrated end-of-year values are based on the assumption the policyholder does not start a new index period in the months preceding a policy surrender. If a new index period is created, the surrender value is reduced by the index charge.
• 5% Interest Adjusted indices are shown on the Tabular Detail report. They are based on the base policy only and do not include any supplemental coverages. These indices are useful in comparing policies of similar types. A low index number represents a lower cost than a higher index number. See the Life Insurance Buyer's Guide for further information.
• Guardian's current Individual Life Dividend Scale meets the requirements of the National Association of Insurance Commissioners (NAIC) Life Insurance Model Regulation and is not more favorable than the lesser of, (i) the Disciplined Current Scale or (ii) the currently payable scale. The maximum illustrated index interest rate is in compliance with Actuarial Guideline 49.
• The end-of-year dividend amount is included in the Cash Value of All Adds column, even if a dividend option other than Paid Up Additions is elected.
• Interest on policy loans is payable in advance. Initially, this policy provides for a fixed loan interest rate of 6.00%. Then, the owner will have a one time ability to elect to change the loan interest rate to a variable loan interest rate. This election can only be made during the Election Period described in the policy. If the election to change to a variable loan interest rate is not exercised, the policy will continue to use the 6.00% fixed loan interest rate for 20 years at which time the fixed loan interest rate will decrease to 4.00%.
• If the variable loan interest rate is elected, the interest rate charged on all loan balances may change for your policy as often as annually, and as described in the policy. The maximum loan interest rate will never exceed the greater of 4.50% or the Moody's Corporate Bond Yield Average Index. Guardian may declare a rate that is less than the guaranteed maximum loan interest rate at its sole discretion.
• When a fixed loan interest rate is used in this policy, any dividends can be affected by policy loans. When a variable loan interest rate is used in this policy, any dividends will not be affected by policy loans.
• The currently declared variable loan interest rate is 4.50%.
• The cost of this policy over a period of years cannot be determined without taking into account the interest that would have been earned on the premiums if they had been invested rather than paid to Guardian.
• This policy as shown on the Planning Concept report will not become a Modified Endowment Contract (MEC). The term MEC is designated under federal tax law. If a policy becomes a MEC, surrenders, withdrawals, loans and collateral assignments will be taxed less favorably than for non-MEC.
• It may violate federal law to use policies whose rates vary by gender in qualified plans.
• Life insurance contract death benefits are generally excludable from the income of the recipient. However, if the policy is considered “Employer Owned Life Insurance” (EOLI) under the Internal Revenue Code, the benefit may be considered taxable. Under certain circumstances, this tax treatment applies to individually owned policies as well as employer owned policies. Your agent can provide you with the form EOLINOTICE101J089 Notice & Consent for Employer Owned Life Insurance. Contact your tax advisor for details about complying with the regulation.
• Guardian, its subsidiaries, agents, and employees do not provide tax, legal, or accounting advice. Consult your tax, legal, or accounting professional regarding your individual situation.
• Symbol Definitions: # This symbol indicates values shown are Beginning-of-Year ## This symbol indicates values shown are End-of-Year
• This symbol indicates values are non-guaranteed and may be affected by dividends. @ This symbol indicates that a premium is payable unless the Guaranteed Annual Premium is shown as 0.
• Index Participation Feature Description: The Index Participation Feature (IPF) is a rider that provides for a dividend adjustment that is linked to the performance of an external index. Policyholders can allocate between 0% and 100% of the cash value of paid-up additions (PUA) to the IPF each year. The IPF provides an adjustment to the dividend paid under the policy. This adjustment, subject to the cap rate and floor (shown below), may be positive or negative based on the S&P 500 Price Return index~ performance. Adverse market performance can create negative dividend adjustments which may cause lower overall cash values than would otherwise have accrued had the IPF not been selected. While the adjustment provided by this rider is affected by the S&P 500 Price Return index, it does not participate in any stock or equity investment of the S&P 500 Price Return index. Because the IPF is not a security registered with the Securities and Exchange Commission, agents do not need a securities license to sell it. The dividend after the adjustment provided under this rider will never be less than zero and the base policy guaranteed cash value will not be impacted.
• You elect an Allocation Percentage, which is the percentage of paid-up additions that will participate in the index. At any time you can change the Allocation Percentage. An index period will be created once a year approximately 30 - 60 days prior to your policy anniversary. The allocation percentage that is in effect at that time will determine the amount of paid-up additions that will be used to calculate the index adjustment provided under this rider. The schedule of allocation percentages for this illustration is based on is shown in the Narrative Summary report.
• Index: S&P 500 Price Return index, which excludes dividends Index crediting Method: Annual Point to Point Index Period: One-year
• The illustration is based on the following current non-guaranteed assumptions. These elements are assumed to remain unchanged for all years shown. THIS IS NOT LIKELY TO OCCUR AND THE ACTUAL RESULTS MAY BE MORE OR LESS FAVORABLE THAN THOSE SHOWN.
• Current Floor: 4.00% Current Cap: 12.50% Current Participation Rate: 100% Current Rider Charge: 2.00%
• While we have the right to change the above assumptions, they are subject to the following guaranteed assumptions.
• Guaranteed Minimum Floor: 4.00% Guaranteed Minimum Cap: 8.00% Guaranteed Minimum Participation Rate: 100% Guaranteed Maximum Rider Charge: 3.00%
• Policy loans and surrenders of paid-up additions may reduce the basis on which the adjustment under this rider is made. If a loan or withdrawal is made where there is reduction to the index adjustment basis (except for withdrawals to pay a policy premium due on the anniversary) any rider charge that was paid based on the original index adjustment basis will not be refunded. The illustration may adjust the Allocation Percentage when loans or withdrawals are illustrated in order to avoid a reduction in the index adjustment basis. Any such changes are detailed earlier in the Narrative Summary.
• The Non-Guaranteed - Current columns of the Numeric Summary and Tabular Detail reports assume, after the assessment of the rider charge, an index interest rate of 8.48% in all years. This is equivalent to an index interest rate of 6.31% assuming a rider charge of zero.
• ~ The S&P 500 Price Return Index “the Index” is a product of S&P Dow Jones Indices LLC or its affiliates (“SPDJI”), and has been licensed for use by The Guardian Life Insurance Company of America (“the Company”). Standard & Poor’s and S&P are registered trademarks of Standard & Poor’s Financial Services LLC (“S&P”) and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”). The trademarks have been licensed to SPDJI and have been sublicensed for use for certain purposes by the Company. The Index Participation Rider (IPR) is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, 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 policies that contain the IPR or any member of the public regarding the advisability of investing in securities generally or the ability of the Index to track general market performance. S&P Dow Jones Indices only relationship to the Company 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 the Company or the IPR. S&P Dow Jones Indices has no obligation to take the needs of the Company or the owners of policies that contain the IPR 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 adjustments associated with the IPR or the timing of the issuance or sale of the IPR or in the determination or calculation of the equation by which IPR is 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 the IPR. 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 THE COMPANY, OWNERS OF THE POLICIES WHICH CONTAIN THE IPR, 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 THE COMPANY, OTHER THAN THE LICENSORS OF S&P DOW JONES INDICES.
• Index Participation Historical Rates: To help you understand how the Index Adjustment works, the example below shows the Index Interest Rate that would have been used in calculating the rate used for the index adjustment each year from 1998 through 2017 for an Index Period starting on January 1 of each year, assuming a 100% participation rate and the current Cap of 12.50% with a Floor of 4.00%.
• Year Beginning S&P Value Ending S&P Value Index Performance Rate Index Interest Rate
• 1998 970.43 1,229.23 26.67% 12.50%
• 1999 1,229.23 1,469.25 19.53% 12.50%
• 2000 1,469.25 1,320.28 -10.14% 4.00%
• 2001 1,320.28 1,148.08 -13.04% 4.00%
• 2002 1,148.08 879.82 -23.37% 4.00%
• 2003 879.82 1,111.92 26.38% 12.50%
• 2004 1,111.92 1,211.92 8.99% 8.99%
• 2005 1,211.92 1,248.29 3.00% 4.00%
• 2006 1,248.29 1,418.30 13.62% 12.50%
• 2007 1,418.30 1,468.36 3.53% 4.00%
• 2008 1,468.36 903.25 -38.49% 4.00%
• 2009 903.25 1,115.10 23.45% 12.50%
• 2010 1,115.10 1,257.64 12.78% 12.50%
• 2011 1,257.64 1,257.60 0.00% 4.00%
• 2012 1,257.60 1,426.19 13.41% 12.50%
• 2013 1,426.19 1,848.36 29.60% 12.50%
• 2014 1,848.36 2,058.90 11.39% 11.39%
• 2015 2,058.90 2,043.94 -0.73% 4.00%
• 2016 2,043.94 2,238.83 9.54% 9.54%
• 2017 2,238.83 2,673.61 19.42% 12.50%
• Note that different periods of time and different participation rates and/or Caps will produce different results that could be higher or lower than those shown above.
• Past performance of the S&P 500 Price Return index~ should not be considered a representation of future performance.
• Illustrated Rates Disclosure: The maximum illustrated index interest rate for this illustration is based on geometric averages of index returns over specific 25 year periods during the last 66 years. Per the requirements of Actuarial Guideline 49, the minimum and maximum geometric averages of index returns for those specific 25 year periods are:
• Minimum 6.28% Maximum 10.18%
• Numeric Summary: Guardian Life Insurance Illustration Numeric Summary
• Guaranteed Non-Guaranteed - Current Non-Guaranteed - Intermediate
• POL YR AGE AT START OF YEAR ANNUAL PREMIUM CASH VALUE DEATH BENEFIT NET PREMIUM CASH VALUE DEATH BENEFIT NET PREMIUM CASH VALUE DEATH BENEFIT
• 5 64 1,164 2,145 25,000 1,164 3,034 26,437 1,164 2,585 25,713
• 10 69 1,164 5,799 25,000 1,164 8,708 29,434 1,164 7,221 27,169
• 11 70 1,164 6,552 25,000 1,164 10,032 30,218 1,164 8,248 27,545
• 16 75 1,164 10,308 25,000 1,164 17,590 35,029 1,164 13,804 29,819
• 20 79 1,164 13,245 25,000 1,164 24,531 39,572 1,164 18,585 31,901
• 21 80 1,164 13,885 25,000 1,164 26,303 40,791 1,164 19,737 32,448
• 26 85 1,164 16,778 25,000 1,164 35,663 47,468 1,164 25,482 35,363
• 31 90 1,164 19,067 25,000 1,164 45,456 54,878 1,164 30,945 38,457
• Applicant's Statement: I have received a copy of this illustration and understand that any non-guaranteed elements illustrated are subject to change and could be either higher or lower. The agent has told me they are not guaranteed.
• Applicant's (Owner's) Signature Additional Signature (if required) Date
• Insurance Producer's Statement: I certify that this illustration has been presented to the applicant and that I have explained that any non-guaranteed elements illustrated are subject to change. I have made no statements that are inconsistent with the illustration.
• Producer's Signature Date
• Tabular Detail: Guardian Life Insurance Illustration Tabular Detail
• Guaranteed Non-Guaranteed - Current
• POL YR AGE AT START OF YEAR ANNUAL PREMIUM CASH VALUE DEATH BENEFIT NET PREMIUM CASH VALUE DEATH BENEFIT
• 1 60 1,164 0 25,000 1,164 0 25,000
• 2 61 1,164 32 25,000 1,164 229 25,197
• 3 62 1,164 735 25,000 1,164 1,152 25,605
• 4 63 1,164 1,439 25,000 1,164 2,080 26,018
• 5 64 1,164 2,145 25,000 1,164 3,034 26,437
• 6 65 1,164 2,863 25,000 1,164 4,051 26,906
• 7 66 1,164 3,586 25,000 1,164 5,124 27,444
• 8 67 1,164 4,316 25,000 1,164 6,256 28,046
• 9 68 1,164 5,053 25,000 1,164 7,449 28,710
• 10 69 1,164 5,799 25,000 1,164 8,708 29,434
• 11 70 1,164 6,552 25,000 1,164 10,032 30,218
• 12 71 1,164 7,310 25,000 1,164 11,421 31,066
• 13 72 1,164 8,063 25,000 1,164 12,871 31,966
• 14 73 1,164 8,812 25,000 1,164 14,384 32,934
• 15 74 1,164 9,561 25,000 1,164 15,965 33,963
• 16 75 1,164 10,308 25,000 1,164 17,590 35,029
• 17 76 1,164 11,053 25,000 1,164 19,260 36,119
• 18 77 1,164 11,794 25,000 1,164 20,976 37,238
• 19 78 1,164 12,526 25,000 1,164 22,734 38,388
• 20 79 1,164 13,245 25,000 1,164 24,531 39,572
• 21 80 1,164 13,885 25,000 1,164 26,303 40,791
• 22 81 1,164 14,503 25,000 1,164 28,106 42,050
• 23 82 1,164 15,101 25,000 1,164 29,943 43,346
• 24 83 1,164 15,681 25,000 1,164 31,816 44,608
• 25 84 1,164 16,241 25,000 1,164 33,723 46,053
• 26 85 1,164 16,778 25,000 1,164 35,663 47,468
• 27 86 1,164 17,288 25,000 1,164 37,617 48,914
• 28 87 1,164 17,771 25,000 1,164 39,576 50,381
• 29 88 1,164 18,227 25,000 1,164 41,533 51,863
• 30 89 1,164 18,657 25,000 1,164 43,496 53,366
• 31 90 1,164 19,067 25,000 1,164 45,456 54,878
• 32 91 1,164 19,472 25,000 1,164 47,416 56,377
• 33 92 1,164 19,883 25,000 1,164 49,382 57,850
• 34 93 1,164 20,313 25,000 1,164 51,366 59,290
• 35 94 1,164 20,780 25,000 1,164 53,412 60,712
• 36 95 1,164 21,317 25,000 1,164 55,558 62,104
• 37 96 1,164 21,991 25,000 1,164 57,886 63,435
• 38 97 1,164 22,897 25,000 1,164 60,513 64,662
• 39 98 1,164 24,202 25,000 1,164 63,644 65,711
• 40 99 0 25,000 25,000 0 66,218 66,218
• 41 100 0 25,000 25,000 0 69,410 69,410
• 42 101 0 25,000 25,000 0 72,756 72,756
• 43 102 0 25,000 25,000 0 76,265 76,265
• 44 103 0 25,000 25,000 0 79,944 79,944
• 45 104 0 25,000 25,000 0 83,801 83,801
• 46 105 0 25,000 25,000 0 87,845 87,845
• 47 106 0 25,000 25,000 0 92,086 92,086
• 48 107 0 25,000 25,000 0 96,532 96,532
• 49 108 0 25,000 25,000 0 101,194 101,194
• 50 109 0 25,000 25,000 0 106,082 106,082
• 51 110 0 25,000 25,000 0 111,206 111,206
• 52 111 0 25,000 25,000 0 116,580 116,580
• 53 112 0 25,000 25,000 0 122,214 122,214
• 54 113 0 25,000 25,000 0 128,122 128,122
• 55 114 0 25,000 25,000 0 134,315 134,315
• 56 115 0 25,000 25,000 0 140,810 140.810
• 57 116 0 25,000 25,000 0 147,619 147,619
• 58 117 0 25,000 25,000 0 154,759 154,759
• 59 118 0 25,000 25,000 0 162,244 162,244
• 60 119 0 25,000 25,000 0 170,093 170,093
• 61 120 0 25,000 25,000 0 178,323 178,323
• Mode Selected: Guard-O-Matic
• Mode Modal Factor Initial Modal Premium
• Annual 1.000000 1,163.50
• Semi-Annual 0.515000 599.20
• Quarterly 0.262650 305.59
• Guard-O-Matic 0.085833 99.87
• 5% Interest Adjusted Indices
• Year Net Pay. Surrender Cost Index Equiv. Lev. Dividend
• 10 37.37 19.81 9.17
• 20 32.10 16.84 14.44
• Planning Concept Based on the 2019 Dividend Scale
• Guaranteed Non-Guaranteed
• AGE AT START OF YEAR BASE POLICY ANNUAL PREM BASE GUAR. CASH VALUE END OF YEAR DIVIDEND NET PREM CUM NET PREM NET AFTER TAX OUTLAY CUM NET OUTLAY CASH VALUE OF ALL ADDS NET CASH VALUE DEATH BENEFIT
• 1 60 1,164 0 0 1,164 1,164 1,164 1,164 0 0 25,000
• 2 61 1,164 32 197 1,164 2,327 1,164 2,327 197 229 25,197
• 3 62 1,164 735 214 1,164 3,491 1,164 3,491 417 1,152 25,605
• 4 63 1,164 1,439 213 1,164 4,654 1,164 4,654 641 2,080 26,018
• 5 64 1,164 2,145 232 1,164 5,818 1,164 5,818 889 3,034 26,437
• 6 65 1,164 2,863 276 1,164 6,981 1,164 6,981 1,188 4,051 26,906
• 7 66 1,164 3,586 320 1,164 8,145 1,164 8,145 1,538 5,124 27,444
• 8 67 1,164 4,316 364 1,164 9,308 1,164 9,308 1,940 6,256 28,046
• 9 68 1,164 5,053 409 1,164 10,472 1,164 10,472 2,397 7,449 28,710
• 10 69 1,164 5,799 409 1,164 11,635 1,164 11,635 2,909 8,708 29,434
• 11 70 1,164 6,552 502 1,164 12,799 1,164 12,799 3,480 10,032 30,218
• 12 71 1,164 7,310 550 1,164 13,962 1,164 13,962 4,111 11,421 31,066
• 13 72 1,164 8,063 604 1,164 15,126 1,164 15,126 4,802 12,871 31,966
• 14 73 1,164 8,812 658 1,164 16,289 1,164 16,289 5,572 14,384 32,934
• 15 74 1,164 9,561 713 1,164 17,453 1,164 17,453 6,404 15,965 33,963
• 16 75 1,164 10,308 745 1,164 18,616 1,164 18,616 7,282 17,590 35,029
• 17 76 1,164 11,053 778 1,164 19,780 1,164 19,780 8,190 19,260 36,119
• 18 77 1,164 11,794 814 1,164 20,943 1,164 20,943 9,182 20,976 37,238
• 19 78 1,164 12,526 894 1,164 22,107 1,164 22,107 10,264 22,734 38,388
• 20 79 1,164 13,245 894 1,164 23,270 1,164 23,270 11,286 24,531 39,572
• 21 80 1,164 13,885 937 1,164 24,434 1,164 24,434 12,418 26,303 40,791
• 22 81 1,164 14,503 983 1,164 25,597 1,164 25,597 13,603 28,106 42,050
• 23 82 1,164 15,101 1,028 1,164 26,761 1,164 26,761 14,842 29,943 43,346
• 24 83 1,164 15,681 1,073 1,164 27,924 1,164 27,924 16,135 31,816 44,608
• 25 84 1,164 16,241 1,120 1,164 29,088 1,164 29,088 17,482 33,723 46,053
• 26 85 1,164 16,778 1,170 1,164 30,251 1,164 30,251 18,885 35,663 47,468
• 27 86 1,164 17,288 1,209 1,164 31,414 1,164 31,414 20,351 37,617 48,914
• 28 87 1,164 17,771 1,240 1,164 32,578 1,164 32,578 21,805 39,576 50,381
• 29 88 1,164 18,227 1,267 1,164 33,742 1,164 33,742 23,301 41,533 51,863
• 30 89 1,164 18,657 1,299 1,164 34,905 1,164 34,905 24,893 43,496 53,366
• 31 90 1,164 19,067 1,318 1,164 36,069 1,164 36,069 26,389 45,456 54,878
• 32 91 1,164 19,472 1,315 1,164 37,232 1,164 37,232 27,944 47,416 56,377
• 33 92 1,164 19,883 1,304 1,164 38,396 1,164 38,396 29,499 49,382 57,850
• 34 93 1,164 20,313 1,285 1,164 39,559 1,164 39,559 31,053 51,366 59,290
• 35 94 1,164 20,780 1,282 1,164 40,723 1,164 40,723 32,632 53,412 60,712
• 36 95 1,164 21.317 1,266 1,164 41,886 1,164 41,886 34,241 55,558 62,104
• 37 96 1,164 21.991 1,221 1,164 43,050 1,164 43,050 35,895 57,886 63,435
• 38 97 1,164 22.897 1,138 1,164 44,213 1,164 44,213 37,612 60,513 64,662
• 39 98 1,164 24.202 984 1,164 45,377 1,164 45,377 39,442 63,644 65,711
• 40 99 0 25,000 475 0 45,377 0 45,377 41,218 66,218 66,218
• 41 100 0 25,000 3,192 0 45,377 0 45,377 44,410 69,410 69,410
• 42 101 0 25,000 3,346 0 45,377 0 45,377 47,756 72,756 72,756
• 43 102 0 25,000 3,509 0 45,377 0 45,377 51,265 76,265 76,265
• 44 103 0 25,000 3,679 0 45,377 0 45,377 54,944 79,944 79,944
• 45 104 0 25,000 3,857 0 45,377 0 45,377 58,801 83,801 83,801
• 46 105 0 25,000 4,044 0 45,377 0 45,377 62,845 87,845 87,845
• 47 106 0 25,000 4,240 0 45,377 0 45,377 67,086 92,086 92,086
• 48 107 0 25,000 4,446 0 45,377 0 45,377 71,532 96,532 96,532
• 49 108 0 25,000 4,662 0 45,377 0 45,377 76,194 101,194 101,194
• 50 109 0 25,000 4,888 0 45,377 0 45,377 81,082 106,082 106,082
• 51 110 0 25,000 5,125 0 45,377 0 45,377 86,206 111,206 111,206
• 52 111 0 25,000 5,379 0 45,377 0 45,377 91,580 116,580 116,580
• 53 112 0 25,000 5,634 0 45,377 0 45,377 97,214 122,214 122,214
• 54 113 0 25,000 5,907 0 45,377 0 45,377 103,122 128,122 128,122
• 55 114 0 25,000 6,194 0 45,377 0 45,377 109,315 134,315 134,315
• 56 115 0 25,000 6,494 0 45,377 0 45,377 115,810 140.810 140.810
• 57 116 0 25,000 6,809 0 45,377 0 45,377 122,619 147,619 147,619
• 58 117 0 25,000 7,140 0 45,377 0 45,377 129,759 154,759 154,759
• 59 118 0 25,000 7,486 0 45,377 0 45,377 137,244 162,244 162,244
• 60 119 0 25,000 7,849 0 45,377 0 45,377 145,093 170,093 170,093
• 61 120 0 25,000 8,230 0 45,377 0 45,377 153,323 178,323 178,323
• THIS ILLUSTRATION IS BASED ON THE 2019 DIVIDEND SCALE AND ASSUMES THAT THE CURRENTLY ILLUSTRATED NON-GUARANTEED ELEMENTS, INCLUDING DIVIDENDS, WILL CONTINUE UNCHANGED FOR ALL YEARS SHOWN. THIS IS NOT LIKELY TO OCCUR AND THE ACTUAL RESULTS MAY BE MORE OR LESS FAVORABLE THAN THOSE SHOWN. THE ASSUMPTIONS ON WHICH NON-GUARANTEED ELEMENTS ARE BASED ARE SUBJECT TO CHANGE BY THE COMPANY. SEE TABULAR DETAIL FOR GUARANTEED VALUES AND OTHER IMPORTANT INFORMATION.