Product Directory. A Guide to Life and Annuity Products FOR BROKER-DEALER OR AGENT USE ONLY LBL8191-3

Transcription

1 Product Directory A Guide to Life and Annuity Products FOR BROKER-DEALER OR AGENT USE ONLY LBL8191-3

2 Lincoln Benefit Life makes it easy for you to find the right products to fit your customers needs. This directory provides condensed information about each of our life and annuity products to help you quickly compare target markets, selling points, and available features. We understand that your priorities are helping your customers and building your business. From our comprehensive menu of innovative products to our knowledgeable representatives who are available when you need them, we re here to help so you can focus more time on what matters most to you. Over the years, LBL has maintained solid ratings and sound financial strength. Today, as a wholly owned subsidiary of Allstate Life Insurance Company, we have the backing of one of the leaders in the industry. To see our current ratings, visit accessallstate.com. Contact your marketing organization for in-depth information about Lincoln Benefit Life and its products.

3 Table of Contents TERM LIFE TrueTerm SM...4 FIXED UNIVERSAL LIFE Legacy Secure SM II...6 Legacy Choice SM II...8 Legacy Secure SL...10 Ultra Plus Ultra Index...14 Whole Life II Echelon Index UL VARIABLE UNIVERSAL LIFE TotalAccumulator SM VUL...20 ANNUITIES Saver s Index Annuity III Saver s Index Annuity Premier IncomeReady SM ALLSTATE ANNUITIES Allstate ChoiceRate Annuity...32 Allstate RightFit SM Annuity... 34

4 Life Products TERM LIFE TrueTerm SM FIXED UNIVERSAL LIFE Legacy Secure SM II Legacy Choice SM II Legacy Secure SL Ultra Plus Ultra Index Whole Life II Echelon Index UL VARIABLE UNIVERSAL LIFE TotalAccumulator SM VUL 2 PRODUCT DIRECTORY

5 When it comes to life insurance, one size does not fit all. Choose from our diverse menu of products and riders to customize plans that are as individualized as your customers. We make it easier to find the best coverage at the lowest rates with our customer-focused underwriting services: Super Sherlock Underwriting Program Helps nonstandard and rated customers get competitive life insurance quotes by allowing underwriters to apply select credits for a variety of medical impairments. Age Last Birthday Calculation Gives customers the benefit of premiums that are based on their actual age. Our estate and business planning strategies can help you strengthen customer relationships and create new sales opportunities. Visit accessallstate.com to see how our life products can be used with each strategy. PRODUCT DIRECTORY 3

6 TrueTerm SM Term Life to Age 95 Contract Series LP0600 Target market Newlyweds looking for a quality, affordable starter policy. Young parents who want to help provide security for their family s future. New homeowners who want to help ensure that their spouse wouldn t struggle to pay for housing and other bills without their income. Selling points Affordable Option TrueTerm is a less expensive life insurance solution for individuals interested in coverage for a specific period of time. It comes in terms of 10, 15, 20, or 30 years. Straightforward Coverage The product is simple to understand, and the premium payments and death benefit are guaranteed for the term of the policy. Conversion Privilege Customers can convert their TrueTerm policies to permanent policies with the same face amount until year 10 or the policy anniversary following age 60, whichever is earlier. After the first policy year, they are also eligible for a conversion credit. 1 1 Terms, limitations, and additional costs will apply. 2 See Appendix G. 3 See Appendix H. 4 In IL, KS, MA, and WA terminal illness is defined as a life expectancy of less than 24 months. All guarantees are based on the claims-paying ability of Lincoln Benefit Life Company. 4 PRODUCT DIRECTORY

7 Term Lengths/Issue Ages Face Amounts $200, year year Male Preferred Smoker, Male Standard Smoker 20-year Male Standard Smoker (<$500,000) 30-year Male Preferred Smoker, Male Standard Smoker (<$500,000) Face Amounts Below $200, year year Male Preferred Smoker, Male Standard Smoker Male Standard Nonsmoker, Female Preferred Smoker, Female Standard Smoker 20-year Male Standard Smoker 30-year Male Preferred Smoker, Male Standard Smoker In Washington, issue ages for face amounts below $200,000 are for 10-year term, for 15-year term, for 20-year term, and for 30-year term (30-year is not available for Male Preferred Smoker or Male Standard Smoker. 30-year is limited to ages for Female Preferred Smoker and Female Standard Smoker). For face amounts $200,000 and above, the issue ages are for 10-year term, for 15-year term, for 20-year term, and for 30-year term (30-year is limited to ages for Male Preferred Smoker and Male Standard Smoker, and to ages for Female Preferred Smoker and Female Standard Smoker). Underwriting Classes Preferred Elite Preferred Standard Select Standard Nonsmoker Preferred Smoker Standard Smoker Minimum Face Amount $50,000 ($100,000 in WA) Face Amount Bands $50,000 $99,999 $100,000 $199,999 $200,000 $499,999 $500,000 $999,999 $1,000,000 $4,999,999 $5,000,000+ Charges and Fees Annual fee varies according to policy face amount. $50,000 $499,999: $75 annually $500,000+: $60 annually Premium Guarantees Fully guaranteed for the elected term of the policy Available Riders 2 Accelerated Death Benefit Rider Terminal Illness (UL0806) 3,4 Accidental Death Benefit Rider (LR0604) Additional Insured Rider (LR0601) Children s Level Term Rider (LR0603) Waiver of Premium Rider (LR0605) PRODUCT DIRECTORY 5

8 Legacy Secure SM II Flexible Premium Universal Life 1 Contract Series UL1010 Target market Parents who want a guaranteed death benefit to help ensure that, to a certain level, their family s current lifestyle can be maintained. Owners of significant assets who need liquidity to help cover estate and income taxes upon their death. Affluent customers who have a low risk tolerance and seek long-term guarantees. Selling points Straightforward Guarantee The Legacy series offers a death benefit that won t decrease during the guarantee period. This period, which can be as long as a lifetime, is determined by the amount of the on-time planned premium payments. Flexible Protection As customers needs change, so can their life insurance. They have the ability to change the guarantee period, increase or decrease the death benefit, or adjust the premium payment so the policy better fits their current situation. 2 Competitive Premiums LBL s rates are competitive across all underwriting classes, ages, and premium scenarios. Legacy Secure II will provide better pricing than Legacy Choice II for guarantees to age 95 and beyond. Cash Value Accumulation Customers can take partial withdrawals and loans from the policy s cash value to help supplement retirement income or manage expenses such as emergencies and college tuition. 1 An Exit Strategy Legacy Secure II comes with a unique benefit that gives customers a favorable way out of their policy the Liquidity Guarantee Rider. 3 If a qualifying policy is surrendered after its 7th anniversary, we will refund a percentage of the total premium payments and the refund percentage increases each year through year 20. Beginning in year 20, customers are eligible to receive the maximum refund percentage or half of the death benefit (whichever is less) if they have made all planned premium payments on time. Even if the customer has not paid the premiums required to receive the full refund amount, they may still be eligible to receive a portion of the benefits. 1 See Appendix C. 2 See Appendix D. 3 See Appendix I. 4 See Appendix G. 5 See Appendix H. 6 In IL, KS, MA, and WA terminal illness is defined as a life expectancy of less than 24 months. 7 Subject to home office approval. All guarantees are based on the claims-paying ability of Lincoln Benefit Life Company. 6 PRODUCT DIRECTORY

9 Issue Ages/Underwriting Classes Preferred Elite Preferred Nonsmoker Standard Nonsmoker Preferred Smoker Standard Smoker Minimum Face Amount 18 60: $100, : $50,000 Face Amount Bands $50,000 $199,999 $200,000 $499,999 $500,000 $5,000,000 $5,000,001+ Charges and Fees Premium load: 6% Policy fee: $8.50 monthly (currently), $10 monthly (guaranteed) Administrative expense charge: Flat amount per $1,000 of face amount; varies by age, sex, and class; applies during the first six years Surrender Charge Period 19 years Loans 1 All loans: 5% (1% net cost) Guaranteed Interest Rate 3% minimum in all policy years 0.50% persistency bonus beginning in policy year 15 if the current interest rate is higher than the minimum Death Benefit Guarantees Flexible, based on premium payment, up to a lifetime guarantee Death Benefit Level face amount Available Riders 4 Accelerated Death Benefit Rider Permanent Confinement (UL0416) 5 Accelerated Death Benefit Rider Terminal Illness (UL0619) 5,6 Accidental Death Benefit Rider (UL0613) Children s Level Term Rider (UL0615) Disability Continuation of Benefit Rider (UL0614) Full Surrender Charge Adjustment Rider (UL0202) 7 Liquidity Guarantee Rider (UL0612-1) Partial Withdrawals 1 $25 fee per withdrawal PRODUCT DIRECTORY 7

10 Legacy Choice SM II Flexible Premium Universal Life 1 Contract Series UL1020 Target market Parents who want a guaranteed death benefit to help ensure that, to a certain level, their family s current lifestyle can be maintained. Owners of significant assets who need liquidity to help cover estate and income taxes upon their death. Affluent customers who have a low risk tolerance and seek long-term guarantees. Selling points Straightforward Guarantee The Legacy series offers a death benefit that won t decrease during the guarantee period. This period, which can be as long as a lifetime, is determined by the amount of the on-time planned premium payments. Flexible Protection As customers needs change, so can their life insurance. They have the ability to change the guarantee period, increase or decrease the death benefit, or adjust the premium payment so the policy better fits their current situation. 2 Competitive Premiums LBL s rates are competitive across all underwriting classes, ages, and premium scenarios. Legacy Choice II offers the flexibility to deliver guarantees that end prior to age 95 at a lower initial cost than Legacy Secure II, but still affords them the option of extending the guarantee period in the future. It also offers more competitive pricing for customers with larger first-year premiums Cash Value Accumulation Customers can take partial withdrawals and loans from the policy s cash value to help supplement retirement income or manage expenses such as emergencies and college tuition. 1 1 See Appendix C. 2 See Appendix D. 3 See Appendix I. 4 See Appendix G. 5 See Appendix H. An Exit Strategy Legacy Choice II comes with a unique benefit that gives customers a favorable way out of their policy the Liquidity Guarantee Rider. 3 If a qualifying policy is surrendered after its 7th anniversary, we will refund a percentage of the total premium payments and the refund percentage increases each year through year 20. Beginning in year 20, customers are eligible to receive the maximum refund percentage or half of the death benefit (whichever is less) if they have made all planned premium payments on time. Even if the customer has not paid the premiums required to receive the full refund amount, they may still be eligible to receive a portion of the benefits. 6 In IL, KS, MA, and WA terminal illness is defined as a life expectancy of less than 24 months. 7 Subject to home office approval. All guarantees are based on the claims-paying ability of Lincoln Benefit Life Company. 8 PRODUCT DIRECTORY

11 Issue Ages/Underwriting Classes Preferred Elite Preferred Nonsmoker Standard Nonsmoker Preferred Smoker Standard Smoker Minimum Face Amount 18 60: $100, : $50,000 Face Amount Bands $50,000 $199,999 $200,000 $499,999 $500,000 $5,000,000 $5,000,001+ Charges and Fees Premium load: 6% Policy fee: $8.50 monthly (currently), $10 monthly (guaranteed) Administrative expense charge: Flat amount per $1,000 of face amount; varies by age, sex, and class; applies during the first six years Surrender Charge Period 19 years Loans 1 All loans: 5% (1% net cost) Guaranteed Interest Rate 3% minimum in all policy years 0.25% persistency bonus beginning in policy year 15 if the current interest rate is higher than the minimum Death Benefit Guarantees Flexible, based on premium payment, up to a lifetime guarantee Death Benefit Level face amount Available Riders 4 Accelerated Death Benefit Rider Permanent Confinement (UL0416) 5 Accelerated Death Benefit Rider Terminal Illness (UL0619) 5,6 Accidental Death Benefit Rider (UL0613) Children s Level Term Rider (UL0615) Disability Continuation of Benefit Rider (UL0614) Full Surrender Charge Adjustment Rider (UL0202) 7 Liquidity Guarantee Rider (UL0612-1) Partial Withdrawals 1 $25 fee per withdrawal PRODUCT DIRECTORY 9

12 Legacy Secure SL Survivorship Life 1 Contract Series UL0760 Target market Couples who want to help shield beneficiaries from an uncertain tax environment. Family business owners who want to treat their children equally when one child inherits the business and others do not. Philanthropists who want to leave a gift for their favorite charities. Selling points Estate Preservation The death benefit can be used to help cover estate taxes and prevent the depletion of the legacy being passed down. Straightforward Guarantee This product offers a death benefit that won t decrease during the guarantee period. This period, which can be as long as a lifetime, is determined by the amount of the on-time planned premium payments. Flexible Protection As customers needs change, so can their life insurance. They have the ability to change the guarantee period, increase or decrease the death benefit, or adjust the premium payment so the policy better fits their current situation. 2 Competitive Premiums LBL s rates are competitive across all underwriting classes, ages, and premium scenarios. Cash Value Accumulation Customers can take partial withdrawals and loans from the policy s cash value to help manage emergencies, supplement retirement income, or cover college expenses. 1 Policy Division In the event of a divorce, this survivorship life policy can be separated into two individual universal life policies with the help of the Policy Split and Exchange Rider. 3 An Exit Strategy The Estate Liquidity Rider is automatically included at no cost with all qualifying Legacy Secure SL policies. 4 This rider gives customers the ability to recover a significant percentage of premium payments on key policy anniversaries if they cancel the coverage for any reason. If the policy is surrendered during the 60-day window following the 10th anniversary, 90% of the premium is returned. During the 60-day window following the 15th anniversary, 100% of the premium can be reclaimed. 1 See Appendix C. 2 See Appendix D. 3 See Appendix M. 4 See Appendix N. 5 See Appendix G. 6 Subject to home office approval. 7 The IRS taxes a policy split as an exchange which does not qualify as a tax-free exchange under Internal Revenue Code section All guarantees are based on the claims-paying ability of Lincoln Benefit Life Company. 10 PRODUCT DIRECTORY

13 Issue Ages/Underwriting Classes Preferred Nonsmoker Standard Nonsmoker Preferred Smoker Standard Smoker Allows for one uninsurable insured. Minimum Face Amount $250,000 Face Amount Bands $250,000 $999,999 $1,000,000+ Charges and Fees Premium load: 6% Policy fee: $8.50 monthly (currently), $10 monthly (guaranteed) Administrative expense charge: Flat amount per $1,000 of face amount; varies by age, sex, and class; applies during the first six years Surrender Charge Period 19 years Loans 1 All loans: 5% (1% net cost) Guaranteed Interest Rate 3% minimum in all policy years 0.50% persistency bonus beginning in policy year 15 if the current interest rate is higher than the minimum Death Benefit Guarantees Flexible, based on premium payment, up to a lifetime guarantee Death Benefit Options Level face amount (Option 1) Face amount plus policy value (Option 2) Available Riders 5 Estate Liquidity Rider (UL0522) 4 Full Surrender Charge Adjustment Rider (UL0202) 6 Last Survivor Four-Year Level Term Rider (UL0762) Policy Split and Exchange Rider (UL0524) 6,7 Partial Withdrawals 1 $25 fee per withdrawal PRODUCT DIRECTORY 11

14 Ultra Plus Flexible Premium Universal Life 1 Contract Series UL0700 Target market Parents who want to protect their families with a death benefit, help cover estate taxes, and leave an inheritance. Investors who have a need for a death benefit, have maxed out contributions to other tax-deferred savings vehicles, and may benefit from the cash value accumulation. Parents of young children who want to ensure their children s future insurability. Young adults who are looking for a starter policy that can possibly be coupled with a term insurance policy. Selling points Affordable Coverage Low face amounts and competitive premiums make Ultra Plus a great choice for customers looking for permanent life insurance coverage that will fit their budgets. Cash Accumulation With competitive fixed interest rates, customers can count on strong cash value accumulation that can be accessed if needed through loans and withdrawals to help pay for expenses such as retirement and education costs. 1 Flexibility for the Future As customers needs change, so can their life insurance. They have the ability to adjust the death benefit or the premium payment so the policy better fits their current situation. 2 1 See Appendix C. 2 See Appendix D. 3 See Appendix G. 4 See Appendix H. 5 In IL, KS, MA, and WA terminal illness is defined as a life expectancy of less than 24 months. 6 Subject to home office approval. All guarantees are based on the claims-paying ability of Lincoln Benefit Life Company. 12 PRODUCT DIRECTORY

15 Issue Ages/Underwriting Classes Preferred Elite Preferred Nonsmoker Standard Nonsmoker Preferred Smoker Standard Smoker 0 17 Juvenile Minimum Face Amount 0 49: $50, : $25,000 Term policy conversions permitted as low as $10,000 Face Amount Bands $25,000 $49,999 $50,000 $99,999 $100,000 $199,999 $200,000+ Charges and Fees Premium load: 5% (Year 1 20), 0% (Year 21+) Current policy fee: $8.50 monthly ($100,000+), $9.50 monthly ($50,000 $99,000), $10 monthly ($10,000 $49,000) Guaranteed policy fee: $10 monthly Administrative expense charge: Varies by age, sex, and class; applies during the first six years Surrender Charge Period 19 years Partial Withdrawals 1 $25 fee per withdrawal Loans 1 Preferred: 3% (0% net cost) Standard: 4% (1% net cost) Guaranteed Interest Rate 3% minimum in all policy years 0.50% persistency bonus beginning in policy year 10 if the current interest rate is higher than the minimum Death Benefit Guarantees Issue age 0 75: 10 years Issue age 76+: 5 years Death Benefit Options Level face amount (Option 1) Face amount plus policy value (Option 2) Face amount plus premiums, less withdrawals (Option 3) Available Riders 3 Accelerated Death Benefit Rider Permanent Confinement (UL0416) 4 Accelerated Death Benefit Rider Terminal Illness (UL0619) 4,5 Accidental Death Benefit Rider (UL0613) Additional Insured Rider (UL0703) Children s Level Term Rider (UL0615) Disability Continuation of Benefit Rider (UL0614) Full Surrender Charge Adjustment Rider (UL0202) 6 Guaranteed Insurability Rider (UL0706) Overloan Protection Rider (UL0701) Prime Term Rider (UL0702) Cost of Insurance Bailout Provision (UL0704) PRODUCT DIRECTORY 13

16 Ultra Index Flexible Premium Indexed Universal Life 1 Contract Series UL0730 Target market Parents who want to protect their families with a death benefit, help cover estate taxes, and leave an inheritance. Investors who have a need for a death benefit, have maxed out contributions to other tax-deferred savings vehicles, and may benefit from the cash value accumulation. Risk-tolerant investors who also want downside protection. Hands-off investors who want to benefit from market growth but don t want the hassle of selecting and monitoring their investments. Selling points Flexible Protection Customers get the security of permanent life insurance protection paired with flexibility to help them adapt to life s changes. After the first year, adjustments can be made to the policy s death benefit and payment schedule. 2 Control Customers can choose whether to allocate their premiums to a fixed account, an indexed account, or a combination of both. Growth Potential With Downside Protection The indexed account is linked to S&P 500 performance, so customers can benefit from greater growth potential than is possible with traditional fixed ULs. 3 In addition, a guaranteed minimum interest rate provides more downside protection than VULs. Straightforward Design Unlike most comparable products, which have complex crediting strategies and multiple index choices, Ultra Index has one straightforward crediting method and index. Accessible Cash Value Customers can access the policy s cash value through partial withdrawals and loans to help them manage emergencies, supplement their retirement income, or cover college expenses. 1 1 See Appendix C. 2 See Appendix D. 3 See Appendix J. 4 See Appendix G. 5 See Appendix H. 6 In IL, KS, MA, and WA terminal illness is defined as a life expectancy of less than 24 months. 7 Subject to home office approval. All guarantees are based on the claims-paying ability of Lincoln Benefit Life Company. 14 PRODUCT DIRECTORY

17 Issue Ages/Underwriting Classes Preferred Elite Preferred Nonsmoker Standard Nonsmoker Preferred Smoker Standard Smoker 0 17 Juvenile Minimum Face Amount $100,000 Face Amount Bands $100,000 $199,999 $200,000+ Charges and Fees Premium load: 8% (Year 1 20), 0% (Year 21+) Policy fee: $11 monthly (currently), $15 monthly (guaranteed) Administrative expense charge: Varies by age, sex, class, and face amount band; applies during the first eight years Surrender Charge Period 19 years Partial Withdrawals 1 $25 fee per withdrawal Loans 1 Preferred: 2% (0% net cost) Standard: 3% (1% net cost) Guaranteed Interest Rate 2% annually on the fixed account 0% annual floor on the indexed account Death Benefit Guarantees Issue age 0 75: 10 years Issue age 76+: 5 years Death Benefit Options Level face amount (Option 1) Face amount plus policy value (Option 2) Face amount plus premiums, less withdrawals (Option 3) Available Riders 4 Accelerated Death Benefit Rider Permanent Confinement (UL0416) 5 Accelerated Death Benefit Rider Terminal Illness (UL0619) 5,6 Accidental Death Benefit Rider (UL0613) Additional Insured Rider (UL0725) Children s Level Term Rider (UL0615) Disability Continuation of Benefit Rider (UL0614) Full Surrender Charge Adjustment Rider (UL0202) 7 Guaranteed Insurability Rider (UL0706) Overloan Protection Rider (UL0716) Prime Term Rider (UL0726) Cost of Insurance Bailout Provision (UL0704) PRODUCT DIRECTORY 15

18 Whole Life II Permanent Life 1 Contract Series LP0720 Target market People with minimal estate planning needs who want affordable coverage and a guaranteed premium. Elderly individuals looking to avoid placing the financial burden of their burial expenses on their loved ones. Selling points Straightforward Coverage It is a simple, affordable life insurance solution for individuals interested in basic permanent coverage. Consistent Premiums The premium payments are guaranteed to remain the same over the life of the policy. Cash Value Accumulation Customers can take out policy loans to help manage current or unexpected expenses. 1 1 See Appendix C. 2 See Appendix G. 3 See Appendix H. 4 In IL, KS, MA, and WA terminal illness is defined as a life expectancy of less than 24 months. All guarantees are based on the claims-paying ability of Lincoln Benefit Life Company. 16 PRODUCT DIRECTORY

19 Issue Ages/Underwriting Classes Standard Nonsmoker Standard Smoker Minimum Face Amount $10,000 ($25,000 in WA) Maximum Face Amount $50,000 Charges and Fees Policy fee: $90 annually Loans 1 Standard: 8% on the loan value Minimum loan amount: $250 Available Riders 2 Accelerated Death Benefit Rider Permanent Confinement (LR0718) 3 Accelerated Death Benefit Rider Terminal Illness (LR0717) 3,4 Accidental Death Benefit Rider (LR0709) Children s Level Term Rider (LR0707) Waiver of Premium Rider (LR0708) PRODUCT DIRECTORY 17

20 Echelon Index UL Flexible Premium Indexed Universal Life 1 Contract Series UL0820 Target market Banks looking to purchase and own a life insurance policy on the lives of directors, officers, and employees with the bank as the beneficiary. 2 Selling points No Premium Loads The full premium goes toward the cash value, resulting in higher accumulation potential right from the start. First-Year Performance Cash values in year one have the potential to exceed the premiums paid. Options for Greater Growth Potential Four indexed account options, each linked to positive changes in the S&P 500, provide greater potential for cash value accumulation than traditional fixed account products. 3 Renewal Cap Commitments An endorsement establishes how LBL will set renewal caps during the first seven policy years on any premiums paid at issue. Performance Based on General Account Assets Customers get the assurance of a guaranteed minimum interest rate as well as lower market volatility than other BOLI products that use a separate account. Unique Surrender Charge Waiver Customers can get complete liquidity of the full policy value if the policy is surrendered for cash. 4 Guaranteed Issue Underwriting for Groups Group cases of more than 15 may benefit from guaranteed issue underwriting. 1 See Appendix C. 2 See Appendix K. 3 See Appendix J. 4 See Appendix O. 5 See Appendix G. 6 See Appendix H. 7 In IL, KS, MA, and WA terminal illness is defined as a life expectancy of less than 24 months. All guarantees are based on the claims-paying ability of Lincoln Benefit Life Company. 18 PRODUCT DIRECTORY

21 Issue Ages/Underwriting Classes Preferred Nonsmoker Standard Nonsmoker Preferred Smoker Standard Smoker Guaranteed Issue Nonsmoker Guaranteed Issue Smoker Limited to group cases of 15 or more individuals. Subject to underwriting approval. Minimum Face Amount $100,000 Charges and Fees Premium load: None Policy fee: $4 monthly (currently), $10 monthly (guaranteed) Loans 1 Preferred: 2% (0% net cost) Standard: 3% (1% net cost) Guaranteed Interest Rate 2% annually on the fixed account Varies by crediting option on the indexed account Death Benefit Options Level face amount (Option 1) Face amount plus policy value (Option 2) Available Riders 5 Accelerated Death Benefit Rider Terminal Illness (UL0619) 6,7 Renewal Cap Endorsement (UL0826) Surrender Charge Period 10 years Partial Withdrawals 1 $25 fee per withdrawal PRODUCT DIRECTORY 19

22 TotalAccumulator SM VUL Flexible Premium Variable Universal Life 1 Contract Series VUL0750 Target market Parents who want to protect their families with a death benefit, help cover estate taxes, and leave an inheritance. Investors who have a need for a death benefit, have maxed out contributions to other tax-deferred savings vehicles, and may benefit from the cash value accumulation. Risk-tolerant investors who want to provide a death benefit for their family and pursue tax-deferred cash value growth through a range of investment options and who are comfortable with the possibility of loss due to market downturns. Selling points Cash Value Accumulation Customers can grow the policy s cash value by allocating premium payments to more than 50 subaccounts, the fixed account, or the SelectBalance SM Asset Allocation Program. 1 They also have access to the policy s cash value through partial withdrawals and loans. 2 Optional Coverage Guarantee Rider The Extended Coverage Guarantee ensures that coverage will not lapse until the insured turns 70 or the policy reaches its 20th year, whichever is later. The Lifetime Coverage Guarantee can extend this protection for as long as the insured lives. Innovative Planning Tool The patent-pending SelectStrategy tool helps customers tailor their policy based on their personal and financial goals. Helpful Asset Allocation Tool With SelectBalance, customers get a choice of asset allocation subaccounts that invest in five risk-balanced Ibbotson ETF Asset Allocation Portfolios. 3,4 This product is a security and must be sold by registered representatives of qualified broker-dealers. Variable universal life insurance policies carry annual insurance company mortality and expense risk charges, withdrawal charges in the early years, and administrative fees. Individual features may be offered at an additional cost. The value of a variable universal life insurance policy will fluctuate with the investment performance of the underlying subaccounts and may be worth more or less than the original investment. 1 Neither asset allocation nor diversification ensures a profit or protects against a loss in a declining market. 2 See Appendix C. 3 Terms, limitations, and costs may apply. 4 Ibbotson Associates is a registered investment advisor and wholly owned subsidiary of Morningstar, Inc. 5 See Appendix G. 6 See Appendix H. 7 In IL, KS, MA, and WA terminal illness is defined as a life expectancy of less than 24 months. 8 Subject to home office approval. All guarantees are based on the claims-paying ability of Lincoln Benefit Life Company. 20 PRODUCT DIRECTORY

23 Issue Ages/Underwriting Classes Preferred Elite Preferred Nonsmoker Standard Nonsmoker Preferred Smoker Standard Smoker 0 17 Juvenile Minimum Face Amount $100,000 Face Amount Bands $100,000 $199,999 $200,000 $999,999 $1,000,000+ Charges and Fees Policy fee: $11 monthly (currently), $15 monthly (guaranteed) Administrative expense charge: $1.08 per $1,000 of face amount for the first $100,000 and $0.36 per $1,000 of face amount in excess of $100,000 (Year 1 10), $0 (Year 11+) Mortality & Expense (M&E) charges: 0.55% (Year 1 10), 0.15% (Year 11+) Premium expense charge: 5.25% of all premiums in all years Surrender Charge Period 10 years Partial Withdrawals 2 Fee of the lesser of 2% of the withdrawal amount or $25 per withdrawal Loans 2 Preferred: 3% (0% net cost) Standard: 4% (1% net cost) Guaranteed Interest Rate 3% annually on the fixed account No guarantee on variable subaccounts Death Benefit Guarantees Issue age 0 70: 10 years Issue age 71 75: To age 80 Issue age 76+: 5 years Extended Coverage Guarantee: Guarantees until the policy anniversary following the insured s 70th birthday or 20 years, whichever is later Lifetime Coverage Guarantee: Until age 121 Death Benefit Options Level face amount (Option 1) Face amount plus policy value (Option 2) Available Riders 5 Accelerated Death Benefit Rider Permanent Confinement (UL0416) 6 Accelerated Death Benefit Rider Terminal Illness (UL0619) 6,7 Accidental Death Benefit Rider (UL0613) Additional Insured Rider (UL0737) Children s Level Term Rider (UL0615) Disability Continuation of Benefit Rider (UL0614) Coverage Guarantee Rider (VUL0736) Full Surrender Charge Adjustment Rider (UL0202) 8 Guaranteed Insurability Rider (UL0706) Overloan Protection Rider (UL0701) Prime Term Rider (UL0738) PRODUCT DIRECTORY 21

24 Annuities Saver s Index Annuity III Saver s Index Annuity Premier IncomeReady SM 22 PRODUCT DIRECTORY

25 Your customers want to be sure they choose the best investment vehicle to take them through their retirement. To help you meet a number of investment goals and a range of risk levels, we offer a variety of annuity products. Each annuity works well individually or can be used with our other products to create a more diverse portfolio. Fixed Indexed Allows your customers to participate in upside market movements while protecting their investment with a guaranteed minimum floor. Fixed Rate Provides a guaranteed interest rate to ensure that a portion of customers investments earn stable returns even when markets are down. PRODUCT DIRECTORY 23

26 Saver s Index Annuity III Flexible Premium Deferred Annuity Contract Series AP9750 Target market Designed for low-risk tolerance savers who could benefit from a contract with the growth potential for credited interest linked to annual changes in an equity index but also want protection against downside market risk. Ideal for customers looking to make additional premium payments. Selling points Potential for higher return than traditional fixed annuities. Annual interest crediting rate linked to changes in the S&P 500 Composite Stock Price Index, without the market risk involved with investing directly in stocks, variable annuities, and mutual funds. 1,2 Once customers earn interest, they are guaranteed not to lose it, even if the index is down on the next contract anniversary. Higher premium incentives for contract values of $100,000 or more. 3 A bailout provision that allows the customer to surrender the contract without charges if the renewal cap rate is equal to or less than the bailout rate (rate is established for each indexed account and is subject to restrictions). 4 1 One cannot invest directly in an index. 2 See Appendix A. 3 Subject to change. Please check with the home office regarding current availability. 4 See Appendix B. 5 See Appendix C. All guarantees are based on the claims-paying ability of Lincoln Benefit Life Company. 24 PRODUCT DIRECTORY

27 Issue Ages Annuitant: 0 85 Owner: 0 90 Minimum Premium $10,000 (Nonqualified) $3,000 (Qualified) $250 minimum for additional premium Amounts over $1 million require prior home office approval Loads and Fees None Withdrawal Charge Schedule (%) 10, 9, 8, 7, 6, 5, 4, 3, 2, 1, 0 Withdrawal charges are based on contract year (do not restart with additional premium payments) Guaranteed Interest The minimum interest rate credited in any one year is guaranteed not to be less than 0% (annual declines in the S&P 500 are not charged to the annuity) Minimum Guaranteed Value 90% of the original premium compounded at 3% interest annually At the end of the 10-year term, it will equal at least 121% of the original premium, assuming no withdrawals have been made Free Partial Withdrawal 4 10% of accumulated value per year after the first contract year Death Benefit The greater of the accumulated value less any premium tax, if applicable, or the minimum guaranteed value, if higher The accumulated value includes interest credited as a result of any index increase using the date of death as the last contract anniversary Available Crediting Strategies Annual reset with point-to-point crediting strategy with two participation rate and cap options Option 1: 60% participation rate, higher cap Option 2: 100% participation rate, lower cap Available Waivers/Riders 5 Activities of Daily Living Waiver (AR0606) Confinement Waiver (AR0425) Spousal/Widow Withdrawal Waiver (AR0428) Terminal Illness Waiver (AR0425) Unemployment Waiver (AR0425) PRODUCT DIRECTORY 25

28 Saver s Index Annuity Premier Single Premium Deferred Annuity Contract Series AP0540 Target market Designed for low-risk tolerant savers who could benefit from a contract with the growth potential for credited interest linked to changes in an equity index. Ideal for customers who want a choice of crediting strategies and are interested in receiving a credit enhancement in exchange for a long-term commitment. Selling points Potential for higher returns than traditional fixed annuities. Annual interest crediting rate linked to changes in the S&P 500 Composite Stock Price Index, without the market risk involved with investing directly in stocks, variable annuities, and mutual funds. 1 Once customers earn interest, they are guaranteed not to lose it, even if the index is down on the next contract anniversary. Higher premium incentives for contract values of $100,000 or more. 2 A credit enhancement is applied to the contract value (considered gain in the contract for tax purposes). Choice of four crediting strategies, plus a fixed account option with the ability to transfer between crediting strategy options and the fixed account annually. Competitive Lifetime Income Riders are available to give customers the ability to take benefit payments through withdrawals without annuitization and offer the flexibility to take the payments when they choose. 3,4 1 See Appendix J. 2 Subject to change. Please check with the home office regarding current availability. 3 See Appendix A. 4 See Appendix D. 5 See Appendix G. All guarantees are based on the claims-paying ability of Lincoln Benefit Life Company. 26 PRODUCT DIRECTORY

29 Issue Ages Annuitant: 0 85 Owner: 0 85 Minimum Premium $10,000 (Qualified and Nonqualified) Amounts over $1 million require prior home office approval Loads and Fees None Withdrawal Charge Schedule (%) 12, 11, 10, 9, 8, 7, 6, 5, 4, 3, 0 In certain states, the withdrawal charge schedule is 10, 9, 8, 7, 6, 5, 4, 3, 2, 1. See the Saver s Index Annuity Premier product guide for information regarding your state. Guaranteed Interest The minimum interest rate credited in any one year is guaranteed not to be less than 0% (annual declines in the S&P 500 are not charged to the annuity) Minimum Guaranteed Value 100% of the original premium compounded at the current minimum guaranteed interest rate declared by Lincoln Benefit Life, less applicable withdrawal charges Free Partial Withdrawal 4 10% of contract value per year Death Benefit The greater of the contract value less any premium tax, if applicable, or the minimum guaranteed value, if higher The contract value includes interest credited as a result of any index increase using the date of proof of death as the last contract anniversary Available Crediting Strategies Annual reset with point-to-point Annual reset with point-to-point with low watermark Annual reset with monthly averaging Monthly cap Fixed account Available Waivers/Riders 5 Activities of Daily Living Waiver (AR0536) Confinement Waiver (AR0201) Enhanced Lifetime Income Rider (AR02623) 4,5 Lifetime Income Rider (AR0622) 4,5 Spousal/Widow Withdrawal Waiver (included with base contract) Terminal Illness Waiver (AR0201) Unemployment Waiver (AR0201) PRODUCT DIRECTORY 27

30 IncomeReady SM Single Premium Immediate Annuity Contract Series AP0812 Target market Customers looking for a guaranteed, predictable income stream. Most commonly these payments are used as a source of income for retirement. They may also be used for a variety of other reasons such as funding life insurance or long-term care coverage, providing income for dependents after death, or funding future financial obligations. Selling points Variety of payout options. Spreads taxation of the interest portion of payments over the course of the payment stream. 1 Provides access to funds at certain points during the life of the contract through Accelerated Payment, Guaranteed Annuity Payment, and Modified Cash Refund Liquidity Riders. 2,3 Increasing benefit option helps customers offset the effects of inflation by increasing payments each year by a selected percentage (2% 5% compounded annually). Endorsement allows non-spouse beneficiaries of an IRA or qualified plan 4 to purchase an IncomeReady contract without recognizing income or being subject to mandatory withholding. 5 1 See Appendix B. 2 See Appendix G. 3 See Appendix L. 4 For this purpose, eligible qualified plans include a Traditional IRA, SEP IRA, or SIMPLE IRA, or an Internal Revenue Code Sec. 401 plan (including 401(k) and Keogh plans), a Sec. 403(a) plan or 403(b) contract, or an eligible Sec. 457 government plan. 5 Not all riders and payout options are available with a non-spousal beneficiary. All guarantees are based on the claims-paying ability of Lincoln Benefit Life Company. 28 PRODUCT DIRECTORY

31 Issue Ages Life Contingent Contracts: 0 90 Period Certain Contracts: No Limit Qualified, Period Certain payout amounts must comply with RMD guidelines. Minimum Premium $5,000 (Qualified and Nonqualified) Amounts over $1 million require prior home office approval Available Riders 2 Accelerated Payment Liquidity Rider (AR0813) Guaranteed Annuity Payment Liquidity Rider (AR0814) Modified Cash Refund Liquidity Rider (AR0815) Loads and Fees None Payout Options Available Period Certain (5-30 years) Life Only Income Life Income with Period Certain Life Income with Installment Refund Life Income with Modified Cash Refund Joint and Survivor Joint and Survivor with Period Certain Joint and Survivor with Installment Refund Joint and Survivor with Modified Cash Refund Joint and Contingent Joint and Contingent with Period Certain PRODUCT DIRECTORY 29

32 Allstate Annuities Allstate ChoiceRate Annuity Allstate RightFit SM Annuity 30 PRODUCT DIRECTORY

33 To help ensure that your customers have access to the right investment vehicle to meet their retirement goals, two additional annuities from Allstate are available in our product lineup. These solutions go beyond the standard fixed annuity structure. Market Value Adjusted (MVA) Offers the traditional benefits of a fixed annuity with a potential to provide higher interest rates by shifting some of the investment risk from the company to the consumer. Equity-Linked Allows your customer to choose the level of growth potential up to a ceiling from market upsides relative to the level of downside protection against market declines. Each annuity works well individually or can be used with our other products to create a more diverse portfolio. Allstate ChoiceRate and Allstate RightFit Annuities are securities products that can only be sold by registered representatives of qualified broker-dealers. PRODUCT DIRECTORY 31

34 Allstate ChoiceRate Annuity Single Premium Market Value Adjusted Annuity Contract Series LU10194 Target market Individuals seeking a competitive, fixed investment as an alternative to certificates of deposit, zero coupon bonds, and Treasury bond ladders. Selling points Multiple Rate Guarantee Periods These may be offered from 1 10 years. 1 Free Withdrawals A 45-day window at the end of each guarantee period selected allows for withdrawals without charges. 1 Additional Interest Opportunities Customers with higher purchase payments may receive additional bonus interest rates. 2 Laddering Potential Customers can ladder guarantee periods to hedge interest rates. An MVA may apply on withdrawals or surrenders which may positively or negatively affect the value due to prevailing interest rates at the time of the withdrawal or surrender. This is a securities product that can only be sold by registered representatives of qualified broker-dealers. 1 All guarantees are based on the claims-paying ability of Allstate Life Insurance Company. 2 Bonus offered at the discretion of Allstate and may be changed or cancelled at any time. 3 May not be available in all states. 32 PRODUCT DIRECTORY

35 Issue Ages Annuitant: 0 90 Owner: 0 90 Minimum Premium $10,000 (Qualified and Nonqualified) Amounts over $1 million require prior home office approval Loads and fees None Death Benefit 1 Equal to the account value; no market value adjustment (MVA) will apply if the death benefit is taken in a lump sum Available Waivers/Riders 3 Nursing Home Waiver (LU10164) Terminal Illness Waiver (LU10164) Unemployment Waiver (LU10164) Spousal Withdrawal Waiver (part of base contract) Withdrawal Charge Schedule (%) 7,7,7,6,6,5,4,3,2,1,0 Withdrawal charges apply only to purchase payments withdrawn in excess of the free withdrawal amount that are outside of the 45-day window Principal Guarantee No Free Partial Withdrawal 10% of contract value per contract year Before customers invest, they should carefully consider how interest is credited as well as the risks, charges, and expenses associated with the contract. Additional information about these and other subjects can be found in the Allstate ChoiceRate Annuity prospectus. Customers can obtain a prospectus by contacting a financial representative or by calling Allstate at Please ask your customers to read the prospectus carefully before purchasing a contract or sending money. PRODUCT DIRECTORY 33

36 Allstate RightFit SM Annuity Single Premium Deferred Annuity Contract Series LU10974 Target market Individuals who would benefit from an opportunity to choose the level of return up to a ceiling from potential market upsides in relation to the level of downside protection against significant market declines. Selling points Growth Potential and Protection Performance based on the S&P 500 Index with customers choosing the level of return up to a ceiling from potential market upsides as well as the level of downside protection against significant market declines. 1 Choices Customers select a time horizon of 5, 7, or 10 years and one or more investment options to meet their needs based on their risk tolerance. Three Investment Options Each option provides a level of downside protection floor with the upside potential of a maximum investment ceiling based on changes in the underlying index (S&P 500 ). It is important to understand that even with a floor, a customer may lose money invested in the contract. The floor is subject to change but will never fall below its initial value. Ceilings are subject to change; ceiling may increase or decrease annually on a contract anniversary. Bail Out Provision Customers can withdraw some or all of an Investment Option s Maturity Value without incurring a withdrawal charge during the 30-day period following the contract anniversary if the ceiling for that Investment Option is less than the applicable Bail Out Rate. Withdrawals prior to the end of the Investment Option Period may be subject to adjustments (positive or negative) based on changes in the Fair Value Index. The Fair Value Index reflects changes in market conditions since Contract issuance. Refer to the prospectus for more details. This is a securities product that can only be sold by registered representatives of qualified broker-dealers. 1 Please note, one cannot invest directly in an index. 2 May not be available in all states. All guarantees are based on the claims-paying ability of Allstate Life Insurance Company. 34 PRODUCT DIRECTORY

37 Issue Ages Annuitant: 0 80 Owner: 0 80 Minimum Premium $10,000 (Qualified and Nonqualified) Amounts over $1 million require prior home office approval Loads and fees None Withdrawal Charge Schedule (%) Death Benefit 1 If the contract owner or annuitant (if the contract owner is a nonliving person) dies before the payout start date, Allstate will pay the death proceeds as described in the contract Available Waivers/Riders 2 Nursing Home Waiver (LU10976) Terminal Illness Waiver (LU10976) Unemployment Waiver (LU10976) Activities of Daily Living Waiver (LU10975) TIME CONTRACT YEAR HORIZON Year Year Year The withdrawal charge will be no greater than as shown above and may be less in some states. Contact the home office for more information. Principal Guarantee No Preferred Withdrawal Amount 10% of each maturity value each year during the investment option period Before customers invest, they should carefully consider how interest is credited as well as the risks, charges, and expenses associated with the contract. Additional information about these and other subjects can be found in the Allstate RightFit Annuity prospectus. Customers can obtain a prospectus by contacting a financial representative or by calling Allstate at Please ask your customers to read the prospectus carefully before purchasing a contract or sending money. PRODUCT DIRECTORY 35

38 Disclosures Appendix A Distributions taken prior to annuitization are generally considered to come from the gain in the contract first. If the contract is tax-qualified, generally all withdrawals are treated as distributions of gain. Withdrawals of gain are taxed as ordinary income and, if taken prior to age 59½, may be subject to an additional 10% federal tax penalty. For annuity contracts involved in a partial 1035 exchange, a distribution from either contract during the following 12 months will retroactively disqualify the 1035 exchange. This disqualification will cause the contract owner to be taxed on the partial exchange as though he or she had received a cash withdrawal from the original contract. There are only limited exceptions to this rule. Appendix B A portion of each payment will be considered taxable and the remaining portion will be a nontaxable return of the policy owner s investment in the contract, which is also called the basis. Once the investment in the contract is depleted, all remaining payments will be fully taxable. If the contract is tax-qualified, generally all payments will be fully taxable. Payments taken prior to age 59½ may be subject to an additional 10% federal tax penalty. For annuity contracts involved in a partial 1035 exchange, a payment from either contract during the following 12 months will retroactively disqualify the 1035 exchange. This disqualification will cause the contract owner to be taxed on the partial exchange as though he or she had received a cash withdrawal from the original contract. There are only limited exceptions to this rule. Therefore, it is generally not advisable to begin annuity payments within 12 months of a partial 1035 exchange. Appendix C Loans or partial withdrawals can reduce the policy s cash value and death benefit, can increase the possibility of policy lapse, and may result in a tax liability. Consult a tax advisor for additional information on the tax treatment of loans or withdrawals from a life insurance policy. Appendix D Increases in benefits are subject to underwriting approval. Changes to benefits can have income tax consequences. Consult a tax advisor for additional information. Appendix E Upon the death of any owner or annuitant, the underlying contract will terminate unless the contract is continued by the surviving spouse. The rider will only continue if the surviving spouse is an owner of the contract and is a Covered Life under the rider. In all other instances, the rider will terminate. The Lifetime Income Riders will also terminate on the day the Benefit Base is reduced to zero, the contract is terminated, the payout phase begins, or the Covered Life (or Joint Covered Life on the Enhanced Rider) is removed from the contract. Mandatory annuitization and termination of the rider is required upon the later of the contract annuitant attaining age 90 or the contract remaining in force for 10 years. Appendix F Unpaid interest on loans is added to the loan principal, thereby increasing the total debt on the policy. The combination of an increasing loan balance, deductions for contract charges and fees, and unfavorable investment performance may cause the policy to lapse, triggering ordinary income taxation on the outstanding loan balance to the extent it exceeds the cost basis in the policy. Appendix G Please see riders for terms, conditions, and restrictions. Additional costs may apply. Subject to state-specific terms and availability. Appendix H A disclosure form must be completed prior to receiving benefits under this rider. An administrative expense will be charged if the benefit is used. Receipt of accelerated benefits may be taxable. Tax laws relating to accelerated benefits are complex. Please consult a tax advisor. Receipt of accelerated benefits may also impact eligibility for public assistance programs. 36 PRODUCT DIRECTORY