AG Secure Lifetime GUL® II
with
Lifestyle Income SolutionSM
Providing “Optionality ®”
an unbeatable package of
guarantees and flexibility
FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC
All the information contained herein is confidential and proprietary and belongs solely to American General Life Companies.
The unauthorized use, reproduction or disclosure of this information is prohibited.
Important Notice
The following presentation has been developed and approved for use by authorized producers and agents of the
insurers of American General Life Companies. This presentation must be used with the accompanying narrative notes
which are included in the presentation.
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these notes must be used without modification. Please contact your American General Life Companies representative
with additional questions.
FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC
All the information contained herein is confidential and proprietary and belongs solely to American General Life Companies.
The unauthorized use, reproduction or disclosure of this information is prohibited.
AG Secure Lifetime GUL® II
Long-term protection and maximum flexibility with…
 Guaranteed death benefit
 Guaranteed access
 Guaranteed cash value
 Lifestyle Income SolutionSM helps protect against outliving
retirement income
FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC
2
AG Secure Lifetime GUL® II
AG
Secure
Lifetime
GUL
 AG Secure Lifetime GUL II generates
guaranteed cash sooner—as early as
policy year 10
 Cash value is only part of the story—
we remain committed to offering highly
competitive GUL premiums
 Our ongoing commitment to the
universal life market has brought great
innovation in 100% guaranteed UL
Building Guaranteed Cash Value Earlier
FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC
3
What is 'Optionality®'?
 Select Guarantee Period and Select
Premium Funding Period
 Pro-rata adjustments with no loss of
guarantees and no surrender charges
on Cash Value withdrawals
 Guaranteed Cash Value beginning
as early as year 10
Guaranteed Death Benefit
Guaranteed Premium
FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC
4
Optionality® in Action
 Create an additional income stream in retirement while
maintaining a guaranteed death benefit
 Reduce the death benefit and premium while maintaining the
original coverage guarantee period
 Withdraw cash value from the policy yet still maintain the original
coverage guarantee period
 Terminate coverage and surrender the policy for cash value
 Exchange the policy for one that better suits the current need
FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC
5
Unique Package of Guarantees1
Dial in the Guarantee Period
 Dial death benefit guarantee to specified
age/duration
Guarantee Period
 Age 90, 95, 100, 121, etc.
 24-month rolling targets
– Comp isn't lost with shorter guarantees
– (Not available in NY)
Dial In the Premium Funding Period1,2
 Clients can pick how long they want to
pay the premium
 Longer periods mean lower premiums
 Select any duration: 7 years, 15 years,
to Maturity, etc.
1. Guarantees are subject to the claims-paying ability of the issuing insurance company.
2. Subject to the policy’s terms and conditions.
FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC
6
Unique Package of Guarantees1
Guarantee Period
Access
 Access cash value and preserve
proportional guarantees
 Enhances future flexibility and
choice as needs change
 Unique among GUL products
Uncommon flexibility to respond to life’s changing needs
1. Partial withdrawals or loans will reduce the death benefit and cash value and could reduce the duration of coverage. Partial withdrawals may be taxed as regular earnings. Policy owners should
consult a tax advisor to determine if a transaction is a taxable event. The reduction in specified amount will be subject to the same guidelines and restrictions as outlined in the policy. The
resulting remaining death benefit amount must be no less than $50,000. Accessing cash values may affect the continuation guarantee.
FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC
7
AG Secure Lifetime GUL II
Flexibility & Choice
Guarantee Period
Male, age 65, PNT, guaranteed to 1211
 Face
 Face
– $1M, guaranteed to 121
 Annual
Premium2
– $21,018
50% Withdrawal
at 85:
$77,207
 Guaranteed Cash at 85
– $154,415
– $500,000K, guaranteed to
121
 Annual Premium
– $10,569
 Guaranteed Cash at 853
– $77,207
Unique Partial Withdrawal Capability
Access Cash and Preserve Death Benefit Guarantee
1. Not an actual case. Presented for illustrative purposes only. 2. Quoted dated 12/10/2012 for the state of Texas. 3. The reduction in specified amount will be subject to the same guidelines and
restrictions as outlined in the policy. The resulting remaining death benefit amount must be no less than $50,000.
FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC
8
Protection Guarantees With Optionality®
Protection against future debt
AG Secure Lifetime GUL® II
Monthly
Payment
Current Home
Ginger
(Age 50)
Matt
Monthly
Payment
Newly purchased
lake house
retirement home
If something were to
happen to Matt, he wants
a solid plan to make
certain Ginger is able to
manage the expenses on
both homes.
(Age 53)
Solution Details
AG Secure
Lifetime
GUL® II
Matt purchases
$500K policy with
Guaranteed
Death Benefit
and with Ginger as the
beneficiary.
When Matt retires at age 68,
and ceases to pay annual
premiums of $7,632, his
policy’s Guaranteed Death
Benefit continues to age 100.
BENEFITS
Matt knows Ginger will not be
burdened with heavy debt should
something happen to him.
He also has the flexibility to access
the Guaranteed Cash Value in the
policy at some point in the future, if
necessary.
Not an actual case; values and benefits presented for illustrative purposes only. Quoted values based on male, issue age 53, Preferred Plus, $500,000 level death benefit guaranteed to age
100. State of Texas as of September 23, 2013.
FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC
9
Protection Guarantees With Optionality®
Executive bonus plan keeps key employee
AG Secure Lifetime GUL® II
Theresa would like to reward Kathy for her
efforts and encourage her to continue
working until her retirement. She also wants
this cost to be tax deductible to the
company.
Theresa Kelly
(Flower Shop Owner)
Kathy Johnson
(Flower Shop Manager, age 50)
BENEFITS
Solution Details
The business
purchases
$1M policy
with Guaranteed
Death Benefit
for Kathy’s family.
AG Secure
Lifetime
GUL® II
The business pays
the insurance
premium as an
Executive Bonus,
which is taxdeductible.
Premiums: $14,229 per year paid for
15 years with company cash bonuses.
Additional bonuses are made to Kathy
to cover any tax liabilities.
Not an actual case. For illustrative purposes only. Quoted values based on female, issue age 50, Standard Plus Nontobacco underwriting class. Quote dated
09/23/2013 for the state of Texas.
FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC
10
Protection Guarantees With Optionality®
Special needs dependent
AG Secure Lifetime GUL® II
Eric needs protection to ensure his autistic daughter will be
cared for if something happens to him. He also wants to ensure
that upon his wife’s premature death he has the funds to have a
caregiver for their daughter.
Eric & Cindy Parker
(And their 7-year old
autistic daughter, Taylor)
Solution Details
Eric and Cindy
each purchase AG
Secure Lifetime GUL II,
a flexible premium,
adjustable life
insurance policy, with
a guarantee that lasts
to age 121.
Eric purchases a $1M
policy with an annual
premium of $7,319* to his
age 121.
Cindy purchases a $250K
policy with an annual
premium of $1,276** to
her age 121.
AG Secure
Lifetime
GUL® II
BENEFITS
AG Secure
Lifetime
GUL® II
The Parkers establish a trust
for the benefit of Taylor, in
the event that both parents
die prematurely.
Not an actual case; values and benefits presented for illustrative purposes only.* Quoted values based on male, issue age 45, Preferred Non-Tobacco,
$1,000,000 level death benefit guaranteed until age 121. Quote dated 12/10/2012 for the state of Texas. **Quoted values based on female, issue age 42,
Preferred Plus, $250,000 level death benefit guaranteed until age 121. Quote dated 09/23/2013 for the state of Texas.
FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC
11
Lifestyle Income SolutionSM
 In addition to the valuable
protection guarantee that AG
Secure Lifetime GUL II provides, it
can also help protect a client
against outliving their retirement
income with American General’s
Lifestyle Income Solution.
 The Lifestyle Income Solution was
developed to help preserve the
clients standard of living during
retirement.
 It provides the option to receive a
living benefit to help supplement
their retirement income.
FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC
12
The Case
Increased longevity is not just a possibility – statistics show it's
very likely
 In 2050, the number of Americans age 65 and older is projected to be
88.5 million, more than double its projected population of 40.2 million
in 2010.1
 For a married couple age 65, there is a 50% chance that at least one
spouse will live to 94, and a 10% chance that one will live to 104.2
1 The Next Four Decades, The Older Population in the United States: 2010 to 2050 U.S. Department of Commerce, Economics and Statistics Administration, U.S. CENSUS BUREAU, Issued May
2010, P25-1138. 2. Prepared by Ernst & Young Insurance and Actuarial Advisory Services practice. The analysis uses the Annuity 2000 mortality table with Scale G2 mortality improvements.
FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC
13
The Case
The positive aspects of living longer do come with some
financial concerns
 61% of Americans surveyed said they were more afraid of outliving
their assets than they were of death. *
 48% of Americans aged 45-70 have no financial plans in place to
protect themselves against outliving their assets and the rising cost of
healthcare should they live longer than expected. *
1 State of the Insured Retirement Industry: 2012 Recap and a 2013 Outlook, Insured Retirement Institute.
FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC
14
Concern
Think about what may contribute to the possibility of
outliving your retirement income.
Do any of these issues concern you?
 Credit card debt
 Social Security uncertainty
 Historically low interest rates
 Health care expenses
 Poor performing 401(k)s
 Insufficient retirement income
 Changes in health insurance
 Stock market corrections
FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC
15
Conditions
Specifications
Conditions
 Issue ages 18-70
 Minimum eligibility period: 15 Years
 Minimum specified amount $100,000
 Have received enough premiums to
guarantee the death benefit to age
100
 Maximum specified amount
$10,000,000
 Only available at policy issue
 Terminal illness rider must also be
selected when adding the Lifestyle
Income Solution
 Guaranteed withdrawal benefit
percentage: 0.83%
 The benefit will provide a minimum of
120 monthly withdrawal benefit
payments
 There is no indebtedness on the policy
 Policy is not a Modified Endowment
Contract
 No claim is pending as to any
accelerated death benefit rider
attached to the policy
FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC
16
Worried About Outliving Your Retirement Income?
Lifestyle Income SolutionSM may work for you
Problem: Retirement Income shortfall
Paul plans to retire in ten years. After a successful career, he is
looking forward to enjoying an active retirement with his wife Linda
but is concerned that a serious illness later in life may exhaust his
savings, leaving an income shortfall due to medical costs.
Solution: Life Insurance you don't have to die to use
Paul (Age 55)
AG Secure
Lifetime
GUL II
Paul purchases
$500,000 AG Secure
Lifetime GUL II policy
with the Lifestyle
Income Solution1 and
chooses the option to
receive a $1,500
monthly benefit after
he turns 85. 2
Lifestyle
Income
Solution
At age 85, Paul has a stroke.
He takes advantage of his
Lifestyle Income Solution,
receiving a benefit of $1,500
per month totaling $180,000
over ten years.3
BENEFITS
When Paul eventually passes away,
his policy still has a minimum of
$320,000 residual death benefit,
leaving a legacy for his family.
If Linda has passed away,
the benefit can be left to
their children and
grandchildren.
Not an actual case. For illustrative purposes only 1. Lifestyle Income Solution is purchased in the form of the Lifestyle Income Rider for an additional fee 2. At the time the policy is purchased, Paul must select a
target date for starting distributions that is at least 15 years after the issue date. See the Lifestyle Income Rider for specific details. 3. The maximum withdrawal benefit basis percentage that may be selected
is subject to limitations and may be less than 100% of the life insurance coverage amount. The total withdrawal benefits and the guaranteed withdrawal benefit amount payable will depend on the date that
withdrawal benefits begin. The withdrawal benefit basis percentage Paul selected will provide total withdrawal benefits of $184,267.40 and a maximum monthly guaranteed withdrawal benefit amount of
$1,535.50 if withdrawal benefits begin on the policy anniversary following Paul’s 85th birthday. 4 Withdrawals under the Lifestyle Income Solution must begin on a policy anniversary. Certain payment and
other conditions must be met for such withdrawals to be available at that time, including, but not limited to, the payment of policy premiums that are sufficient to guarantee that the policy remains inforce to
age 100 prior to taking any distributions under the Lifestyle Income Solution.
FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC
17
As Your Needs Change, Your Policy Can Too
You are in control with Lifestyle Income SolutionSM
Problem: Retirement Income shortfall
James (Age 58)
James has a blended family – adult children from a previous
marriage and two daughters with his wife Emily. He plans to
retire in 5 years and his goals include traveling abroad and
leaving an inheritance for his extended family. He and Emily
worry about whether their savings can last in case they need
them later in retirement, which makes them hesitant to plan
the overseas trips they’ve talked about for a decade.
Solution: Life Insurance you don't have to die to use
James needs life insurance and the flexibility to use the funds from his
retirement savings to enjoy his early retirement years without a potential
income shortfall later in life. James purchases a $400,000 AG Secure Lifetime
GUL II policy with the Lifestyle Income Solution1 and chooses the option to
begin receiving monthly benefits of $2,000 after he turns 85.2
BENEFITS
AG Secure
Lifetime
GUL II
Lifestyle
Income
Solution
Not an actual case. For illustrative purposes only. 1. Lifestyle Income Solution is purchased for an additional fee. 2. At the time the policy is purchased,
FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC
18
As Your Needs Change, Your Policy Can Too
You are in control with Lifestyle Income SolutionSM
Security: A policy with flexibility to meet your changing needs
Did you know?
“61% percent of Americans surveyed
said they were more afraid of outliving
their assets than they were of death.”1
James and Emily enjoy several
European adventures in their early
retirement years. At age 85, James
decides to take advantage of his
Lifestyle Income Solution, receiving
$1,000 per month, or $120,000 over
ten years.2
BENEFITS
James knows he can increase his
monthly benefits from $1,000 to
$2,000 per month at any time. By
choosing an amount less than the
maximum, James also has the option
to receive benefits for an extended
period of time if needed.3
James and Emily find
comfort knowing that
should James pass
away first, the policy’s
death benefit can
help to protect Emily’s
financial future.
Emily passes away first.
When James eventually
follows, his policy still has a
$280,000 residual death
benefit, which allows him to
leave an inheritance for all
of his children and
grandchildren.
Not an actual case. For illustrative purposes only. 1 State of the insured retirement industry: 2012 Recap and a 2013 outlook, Insured retirement institute. 2. James must select a
target date for starting distributions that is at least 15 years after the issue date. 3. The maximum withdrawal benefit basis percentage that may be selected is subject to limitations
and may be less than 100% of the life insurance coverage amount. The total withdrawal benefits and the guaranteed withdrawal benefit amount payable will depend on the date
that withdrawal benefits begin. The withdrawal benefit basis percentage James selected will provide total withdrawal benefits of $ 243,996. and a maximum monthly guaranteed
withdrawal benefit amount of $2,025.17 if withdrawal benefits begin on the policy anniversary following James’s 85th birthday. Certain payment and other conditions must be met
for such withdrawals to be available at that time, including, but not limited to, the policy premiums must be sufficient to guarantee the policy remains inforce to age 100 prior to
taking any distributions under the Lifestyle Income Solution.
FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC
19
An Affordable Option To Help Protect Your Retirement
Plan ahead with Lifestyle Income SolutionSM
Problem: Insuring future long-term care for your child
Lindsay (Age 50)
Lindsay is a single mom and works full time. Her daughter Shelley
has autism and will never live independently. A trust set up by
Shelley’s grandparents helps cover the cost of Shelley’s residential
caregiver, leaving the balance to be covered by Lindsay. For
Lindsay it’s important that, even if she passes away early, she will
still be able to help provide for Shelley’s ongoing care. Lindsay is
also interested in potential additional retirement income to help
support herself and her daughter if the need arises.
An affordable solution
Lindsay plans on retiring at 67. At that point, she wants to continue using the trust
funds to help care for Shelley while using her own retirement savings to maintain
their lifestyle. Based on her insurance needs, Shelley purchases a $250,000 AG
Secure Lifetime GUL II policy with the Lifestyle Income Solution1 and chooses the
option of receiving just over $10,000 a year after she turns 85.2 By planning ahead,
her premiums are affordable for her at $3,290 per year.
AG Secure
Lifetime
GUL II
Lifestyle
Income
Solution
Not an actual case. For illustrative purposes only. 1. Lifestyle Income Solution is purchased for an additional fee. 2. At the time the policy is purchased, Lindsay must select a target date for starting
distributions that is at least 15 years after the issue date.
.
FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC
20
An Affordable Option To Help Protect Your Retirement
Plan ahead with Lifestyle Income SolutionSM
Did you know?
49% of retirees anticipate
they’ll need to provide
financial assistance to family1
Life Insurance with a living benefit
Lindsay pays her premiums
through age 67.2Just when
she needs it, she frees up
almost $3,200 of annual
cash flow. When Lindsay
reaches 85, her savings are
diminishing and she wants
to supplement her
retirement income.3
Lindsay chooses to activate
her Lifestyle Income Solution
and receives a monthly
benefit of $850 for 10 years,
totaling over $100,000.3
When Lindsay passes away at age
95, she has received over $100,000
from her policy, and the $147,500
remaining death benefit is paid into
a trust to help provide ongoing care
for Shelley.
Lindsay knows she has the
flexibility to start or
BENEFITS
stop benefits at any
time if needed.
Cumulative Lifestyle Income Solution benefit
Residual death benefit
$250,000
$200,000
Lindsay’s $250,000 policy provides them
with a living benefit and also a residual
death benefit.
$150,000
$100,000
$50,000
$0
41 42 84 86 87 88 89 89 90 91 92 93 94 95 96 100
Not an actual case. For illustrative purposes only. 1. http://aigretirementreset.com/ 2. At 67, the policy is is paid to the policy's Continuation Guarantee Target Date. 3. The maximum withdrawal
benefit basis percentage that may be selected is subject to limitations and may be less than 100% of the life insurance coverage amount. 3. Withdrawals under the Lifestyle Income Solution must
begin on a policy anniversary.
FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC
21
An intuitive web tool supporting a simplified submission process
for:
 AG Secure Lifetime GUL® II
 AG Select-a-Term ®
 AG ROP Select-a-Term ®
FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC
22
Time is Money
How does it work?
 Producer accesses AG Quick Ticket from an agency website,
eStation or quoting tool
 Producer completes a LifeSpeed web ticket
 Exam One completes tele-interview, exam and quality control
 Status provided to producer via eStation and ExamOne website
 Completed application packets eSubmitted to American General
FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC
23
Why AG Quick Ticket?
✓No Cost
✓ Get Paid Quicker
✓Keep Apps “In Good Order” ✓
✓Less Invasive for customers
FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC
Save Time
✓ Easy access
24
AG Quick Ticket- Success Story
■ 80%+ of the clients ExamOne reaches have their teleinterview
completed and exam scheduled 24 hours after the ticket is
submitted
■ 85% of the tickets submitted turn into a formal application
■ 5 days are shaved off the New Business handling
■ 5 points better placement than paper applications
FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC
25
Rapid Rater on Mobile
Digital Communications “Buzz”
Email to Sales
Media Web Site Ads
Web Landing Page
Messaging in Stores
eStation Home Page
Social-Twitter Postings
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26
Top 10 Reasons to Sell AG Secure Lifetime GUL II
1. Optionality® – our unmatched package of guarantees and flexibility
2. Innovative Lifestyle Income SolutionSM
3. Very competitive premiums
4. Ability to adjust the death benefit in response to changing needs, without
losing guarantees
5. Strong cash value accumulation which is fully guaranteed
6. Highly competitive compensation with 24-month
rolling targets (except in New York)
7. Client-friendly, easy-to-read WinFlex and eConnections Desktop quotes,
rather than complicated illustrations
8. Quotes-on-the-go, with American General’s Rapid Pater on Mobile app for
iPhone and Android
9. Submit cases faster, get paid quicker with industry-leading AG Quick Ticket®
10. Consumer friendly processing preserves guarantees in the event of late
premium payments
FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC
27
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
FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC
All the information contained herein is confidential and proprietary and belongs solely to American General Life Companies.
The unauthorized use, reproduction or disclosure of this information is prohibited.
Important Information
Policies issued by: American General Life Insurance Company, 2727-A Allen Parkway, Houston, Texas 77019. Policy
Form Numbers 13460, ICC13-13460; Lifestyle Income Rider Form Number 13972; Accidental Death Benefit Rider Form
Number 82012; Children’s Insurance Benefit Rider Form Number 82410; Spouse/Other Insured Term Rider Form Number
88390; Terminal Illness Rider Form Number 91401; Waiver of Monthly Deduction Rider Form Number 82001. The United
States Life Insurance Company in the City of New York, One World Financial Center, 200 Liberty Street, New York, New
York, 10281. Policy Form Number 13460N; Lifestyle Income Rider 13972N; Accidental Death Benefit Rider Form Number
ADB791E; Children’s Insurance Benefit Rider Form Number CI791E1; Waiver of Monthly Deduction Rider Form Number
82001N. The underwriting risks, financial and contractual obligations and support functions associated with the
products issued by American General Life Insurance Company (AGL) and The United States Life Insurance Company
in the City of New York (US Life) are the issuing insurer’s responsibility. Guarantees are subject to the claims paying
ability of the issuing insurance company. American General does not solicit business in the state of 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. These product specifications are not
intended to be all-inclusive of product information. State variations may apply. Please refer to the policy for complete
details.
© 2013. All rights reserved.
AGLC107393
FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC
All the information contained herein is confidential and proprietary and belongs solely to American General Life Companies.
The unauthorized use, reproduction or disclosure of this information is prohibited.