Life insurance you don't have to die to use
AG Secure Lifetime GUL® II
with AG Asset ProtectorSM
Accelerated Access Solution®
Lifestyle Income Solution®
Live Longer.
Retire Stronger.
Policies issued by American General Life Insurance Company, a member company of AIG
FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION
Agenda
I’d like to describe how
American General Life is revolutionizing
the way life insurance is bought and sold
By showing how you can turn illiquid death benefits
into a liquid pool of money your clients can use
to protect their portfolio assets from the costs of
severe illness and the risk of outliving their assets
So they can achieve a higher sense of
financial security during their retirement.
2
FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION
One of Three Things Will Likely Happen
Die Too
Soon
Become
Seriously
Ill
Outlive
Retirement
Assets
3
FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION
What the Statistics Say
Chances of survival to age X for one spouse of a couple
Prepared by Ernst & Young Insurance and Actuarial Advisory Services practice. The analysis uses the Annuity 2000 mortality
table with Scale G2 mortality improvements.
4
FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION
Financial Life Spectrum
Building
Assets
Protecting
Assets
Extending
Assets
Die Too
Soon
Get Sick
Along
The Way
Live Too
Long
45
65
Life
Insurance
85
Chronic
Illness
100
Longevity
Protection
5
FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION
AG Secure Lifetime GUL II
100% ROP at Age 85
50% ROP at Policy Year 20
Guaranteed Cash Value
Guaranteed Premiums and Death Benefits
6
FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION
50% ROP at Year 20
Returned
premiums
are more
than 4x the
guaranteed
cash
surrender
value!
Hypothetical information for illustrative purposes only.
FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION
8
Financial Life Spectrum
Building
Assets
Protecting
Assets
Extending
Assets
Die Too
Soon
Get Sick
Along
The Way
Live Too
Long
45
65
Life
Insurance
85
Chronic
Illness
100
Longevity
Protection
9
FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION
Benefits of Accelerated Access Solution: Chronic Illness
101(g)
 No LTC license necessary
 2-out-of-6 ADLs; or Severe Cognitive Impairment
 Deemed to be Permanent
Indemnity Benefit
 No Receipts
 Spend benefits on anything
Flexible Benefit Base
 Benefit = 50% up to 100% of Death Benefit
 $50,000 minimum up to $1,500,000 maximum
10
FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION
Benefits of Accelerated Access Solution: Chronic Illness
Flexible Monthly Benefit
1. IRS Per Diem capped at 2% per month
2. IRS Per Diem capped at 4% per month
3. IRS Per Diem with No Cap!

Max. Monthly Benefit = Total Benefit ÷ 12
IRS caps the maximum daily rate each year. The 2014 maximum is $330/day or $9,900/month. Subsequent years may be higher.
11
FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION
Financial Life Spectrum
Building
Assets
Protecting
Assets
Extending
Assets
Die Too
Soon
Get Sick
Along
The Way
Live Too
Long
45
65
Life
Insurance
85
Chronic
Illness
100
Longevity
Protection
13
FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION
The Case for Lifestyle Income Solution: Longevity Insurance
The positive aspects of living longer
come with some financial concerns
48% of Americans age 45–70
have no financial plans in place
to protect themselves against
outliving their assets
and the rising cost of
health care should they
live longer than expected.1
1 State
of the Insured Retirement Industry: 2012 Recap and a 2013 Outlook, Insured Retirement Institute .
FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION
14
Think about what may contribute to
the possibility of outliving your retirement income.
Do any of these issues concern your clients?
Debt
Social Security Uncertainty
Historically Low Interest Rates
Health Care Expenses
Stock Market Corrections
Didn’t Save Enough
Rising Income Tax Rates
Political Uncertainty
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FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION
Lifestyle Income Solution: Longevity Insurance
1. Accelerate up to 10% of DB per year
2. Primary requirement: Live to age 85
3. Tax-free up to basis; ordinary income after
Choosing to exercise rights under the Lifestyle Income Solution can impact cash available under the Accelerated Access Solution.
Please speak with your American General Life Insurance Company representative for more information.
FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION
17
100% ROP at Age 85
Premiums
Returned!
Hypothetical information for illustrative purposes only.
FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION
18
American General Life is…
Revolutionizing the way
YOU sell life insurance!
“Telling The Story”
19
FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION
Risk Protection Spectrum
Age 65 – 70
$
$
20-40 Years Prior to Retirement
Retirement Years
3 big risks get smaller over time.
3 other big risks get larger over time.
20
FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION
Hypothetical information for illustrative purposes only.
FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION
21
Change the way you
sell life insurance:
Turn your
Term Life Insurance Sales
Into
Permanent UL Sales!
22
FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION
Sell The Value:
Clients are Protected Whether They:
Die Too
Soon
Become
Seriously
Ill
Outlive
Retirement
Assets
23
FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION
AG Asset Protector:
Is It Really Worth
The Extra Premium?
FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION
“Ordinary” GUL
vs.
AG Asset Protector
Male, 55, Standard-Plus
$1,000,000 DB
Hypothetical information for illustrative purposes only.
FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION
GUL vs. AG Asset Protector
GUL to A100
AG Asset
Protector
To A85
Premium
$13,751
$18,073
Savings vs AG Asset Protector
$4,322
------------
$290,000*
$1,000,000
14.04%
------------
$35,485*
$100,000
Available @ A85
Pre-Tax Equiv. Return = $1M
10-Year After-Tax Distributions
* 6% growth, 20% tax rate, 4.8% net return; results rounded down for simplicity.
Hypothetical information for illustrative purposes only.
FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION
28
Cumulative Premium Comparison
Hypothetical information for illustrative purposes only.
FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION
30
Cumulative Premium Comparison
Residual Asset Protector DB:
Approx. $450,000
Hypothetical information for illustrative purposes only.
FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION
32
Invested Premium Savings – Premiums to A100
Even at age 100 you’d be
short
Need extra cash atover
age $300,000
85?
$290,000* or $1,000,000?
75?
Chronic Illness at age 80?
Less
than
$150,000
About
$210,000*
* 6% growth, 20% tax rate, 4.8% net return; results rounded down for simplicity.
Hypothetical information for illustrative purposes only.
FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION
34
Invested Premium Savings – Premiums to A100
If you accelerate your entire
AG Asset Protector DB starting at age 85,
and invest it at 6% in a 20% tax rate,
at age 100 it would be worth almost
$1,600,000!
Assumes AG Asset Protector distributions in excess of basis are taxed as
ordinary income.
Projected value = $1,594,075
* 6% growth, 20% tax rate, 4.8% net return; results rounded down for simplicity.
Hypothetical information for illustrative purposes only.
FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION
35
Summary:
1. The level of liquidity created by the additional
AG Asset Protector premium can’t be created
any other way.
2. If you’ve made the decision to buy permanent
UL, about the only reason you wouldn’t buy
AG Asset Protector is because you simply
can’t afford it.
– If you can afford it, what else can you do with
the money to generate this kind of liquidity and
value?
36
FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION
Summary:
3. When clients – especially premium payers –
realize that they can spend their entire Death
Benefit while they’re still alive. . .
They’ll never want to own
life insurance any other way!
AG Asset Protector provides an unmatched level
of financial security, especially during retirement,
whether you:
Die Too
Soon
Become
Seriously
Ill
Outlive
Retirement
Assets
37
FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION
AG Asset Protector:
It Really IS Worth It!
FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION
American General Life is
revolutionizing why
people buy life insurance,
and how it’s sold.
Become a part of
the next generation
of life insurance!
FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION
Bring On Tomorrow!
FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION
Questions?
For additional information, please contact your American General Life
Companies representative or visit our producer web site at
http://eStation.americangeneral.com
National Sales Desk can be reached at 1-800-677-3311
Or visit RetireStronger.com
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FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION
Important Information
Policies issued by: American General Life Insurance Company (AGL), Policy Form Number 13460,
ICC13-13460, Rider Form Number 13972, 13600, ICC13-13600. Issuing company AGL is
responsible for financial obligations of insurance products and is a member of American
International Group, Inc. (AIG). AGL does not solicit business in the state of New York. Policies
and riders not available in all states. These product specifications are not intended to be allinclusive of product information. State variations may apply. Please refer to the policy for complete
details. There may be a charge for each rider selected. See the rider for details regarding the
benefit descriptions, limitations and exclusions.
Guarantees are backed by the claims-paying ability of the issuing insurance company.
AGLC107915
©2014. All rights reserved.
42
FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION
Life insurance you don't have to die to use
AG Secure Lifetime GUL® II
with AG Asset ProtectorSM
Accelerated Access Solution®
Lifestyle Income Solution®
Live Longer.
Retire Stronger.
Policies issued by American General Life Insurance Company, a member company of AIG
FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION