EstateShield 9 Lifetime Income with Increasing Payout Demonstration
Hypothetical Example After 10 years, the contract owner opts to turn on lifetime income benefit payments at age 65, with a 5% payout factor, resulting in an initial annual payout of $10,404. Because of the increasing income potential of the LIBR, income payments have the potential to increase with positive index changes and the BAV Multiplier is applied to any credited interest. In this example with a 4.25%
annual point to point cap on the S&P 500 ® during the income phase, income payments continue to increase in positive years and maintain during negative years. For example, the graphs below show how income payments may increase in the year following positive index changes, but remain protected in the year after a negative index change.
INDEX PERFORMANCE
1,000 1,500 2,000 2,500 3,000 3,500 4,000 4,500 5,000
4,766
3,840
3,756
3,231
2,674
2,507
2,239
2,059
2,044
1,848
YEAR 20 -19.44%
YEAR 11
YEAR 12 YEAR 13 YEAR 14 YEAR 15 YEAR 16 YEAR 17 YEAR 18 YEAR 19
11.39%
-0.73%
19.42% -6.24%
16.26%
9.54%
28.88%
26.89%
INDEX CHANGE
INCREASING INCOME
$16,035
$15,074
$14,170
$13,321 $13,321
$12,523
$11,772 $11,772
$11,067
$10,404
YEAR 11 YEAR 12 YEAR 13 YEAR 14 YEAR 15 YEAR 16 YEAR 17 YEAR 18 YEAR 19 YEAR 20
No change
+6.38% +6.38%
+6.38%
+6.38%
+6.38% +6.38% +6.38%
No change
INCOME CHANGE
This hypothetical is example is shown for illustrative purposes only and is not guaranteed. Actual results will vary and potential interest earned will fluctuate each year.
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EstateShield 9
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