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. Date in this space Getting to Know Our VUL Speaker Name Title Life and A&H AIG Life and Retirement

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. You must take the following steps to access these notes: 1.Save the presentation to your laptop or PC. 2.Open the saved presentation; then click the “View” option in your menu bar in the upper left corner of your screen. 3.From the “View” drop down, click “Notes Page”. This will open the presentation with the narrative notes at the bottom of each slide. When making the presentation, these notes must be used without modification. Please contact your American General Life Companies representative with additional questions.

2 FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC Agenda  Why AGL’s VULs Today  Key Aspects and Positioning  Fund Line-up  VUL’s Unique Riders  Competition

3 FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC Income Advantage Select ® Introducing… Protection Advantage Select ®

4 FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC Higher Premium Sales Opportunity Premium per $1.000 Average size policy Premium per policy UL14.03$296,146$4,154 VUL ,31111,870 Term , WL ,4691,238 Total$7.18$250,403$1,798 Source: LIMRA Quarterly Discrete Data LIMRA 4Q12 U.S. Individual Life Insurance Sales Review

5 FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC “Protecting assets is now 8x more important than achieving higher, riskier returns.” AIG Retirement Reset Study “Protecting assets is now 8x more important than achieving higher, riskier returns.” AIG Retirement Reset Study “Financial peace of mind is now four times more important than accumulating as much wealth as possible” AIG Retirement Reset Study Lot’s of Reasons Why to Buy Life Insurance EBRI** study showed 80% of workers had less than $100,000 in savings not including their home The majority (48%) of the 80% had saved less than $10,000. Only 10% of workers had $250,000+ in total savings and investments It is estimated 10,000 baby boomers are turning 65 every day, each year until 2030,* *Pew Research Center report – Baby Boomers Approach 65 – Glumly December 20, **Employee Benefit Research Institute (EBRI) and Mathew Greenwald & Associates 2012 Retirement Confidence Survey Issue Brief, March Research has found that only 36 percent of boomers are confident they will have enough assets to live comfortably throughout retirement.**

6 FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC Product Specifications Issue Ages & Minimum Death Benefit Income Advantage SelectProtection Advantage Select Issue Ages Minimum Death Benefit $50,000$100,000 Underwriting Classes* Preferred Plus Non-Tobacco Preferred Non-Tobacco Standard Plus Non-Tobacco Standard Non-Tobacco Preferred Tobacco Standard Tobacco Preferred Plus Non-Tobacco Preferred Non-Tobacco Standard Non-Tobacco Preferred Tobacco Standard Tobacco *Special non-tobacco & Special tobacco classes not shown but available as well as substandard and table ratings

7 FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC Our Fund Managers and Sub-Advisers

8 FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC  47 investment choices from a stable of 15 well known fund companies  An excellent lineup of stock, bond and international funds  Specialty funds, commodity funds, and real estate investment funds  A socially responsive fund  Multiple index funds  A Dynamic Allocation Fund Investment Options

9 FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC Protection and Opportunity for Today and Beyond Protection Advantage Select ®

10 FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC Increased longevity is not just a possibility – statistics show it’s very likely: Longevity Planning 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, P Prepared by Ernst & Young Insurance and Actuarial Advisory Services practice. The analysis uses the Annuity 2000 mortality table with Scale G2 mortality improvements. 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 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

11 FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC  Death benefit focus  GMDB rider allows client to be more aggressive which can offset the cost of rider  Upside performance can lock in DB guarantee to allow premium payments to stop earlier than anticipated  Inflexibility of most GUL products allowed VUL with a guaranteed to be an alternative  Ideal for clients who are looking to address longevity concerns Why offer a VUL with a death benefit guarantee*? * Death benefit guarantee requirements must be met. Guarantees are subject to the claims paying ability of the issuing insurance company

12 FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC  Excellent death benefit protection for your client’s and/or their business – with built-in guarantees that can be extended to last their entire life or to a specific age.  Regardless of the cash value, their policy won’t lapse as long as they meet the minimum requirements specified in the policy.  Access to a guaranteed stream of income via the death benefit with our Lifestyle Income Rider without triggers, such as 2 of 6 ADL’s. Why Protection Advantage Select Works * *A VUL policy is not a short-term investment and is subject to various insurance-related fees, including but not limited to mortality and expense risk charges, administration fees, surrender charges and investment management fees associated with underlying investment options. A policy and its underlying investment options are subject to market risk and fluctuating returns.

13 FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC  Prospects include individuals and trusts  Between age 50 and 70, who have a need for life insurance  Want a guaranteed death benefit  Want a wealth transfer vehicle where premiums have the potential to stop  Are concerned about longevity Target Markets

14 FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC Why Consider This Over a GUL? GMDB Reset Example  Formula based and compared annually.  Can allow the policy owner to stop paying premiums and still have the guarantee.  Based on account value performance.  Even if market performs at zero or negative it will not lose the shadow account adjustment.  It’s about Flexibility plus the Reset  The Reset is like a high water mark, it can improve the guarantee, it can’t decrease it

15 FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC GMDB - Automatic Reset in Action Higher Performance = Shorter Payment Period

16 FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC Lifestyle Income Rider SM In addition to the valuable death benefit guarantee that Protection Advantage Select provides, it can also help protect your client against outliving their retirement income with American General’s Lifestyle Income Rider.* The Lifestyle Income Rider was developed to help preserve your clients standard of living during retirement. It provides the option to receive a living benefit to help supplement their retirement income. * Rider not available in all states

17 FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC When Will Your Clients Need the Most Income in Retirement? Source: U.S Department of Labor, Bureau of Labor Statistics, Consumer Expenditure Survey, September, Total expenditures for those age 75+ are 38% less than those age

18 FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC  Provides guaranteed withdrawal benefits (regardless of the value of the cash surrender value under the policy)  LIR includes waiver provisions which will waive the amount necessary to prevent the policy from going into grace  A lesser withdrawal amount could extend the period for which monthly withdrawals can be taken under the rider.  The owner may request a suspension of monthly withdrawal benefits by sending the company a written request.  Withdrawal benefits may be resumed at a later time. Lifestyle Income Rider Benefits

19 FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC Lifestyle Income Rider: What it can do Tom & Susan Tom,* age 55, plans to retire in about ten years. His 401(k) is expected to generate $2,000 per month for life. Tom estimates he will receive $1,500 per month in Social Security benefits, and he also has $300,000 in a savings account. Tom’s registered representative discussed some options based on his current portfolio, Withdraw $500 per month, which could potentially last for his lifetime or Withdraw $1,000 per month, which could potentially last to age 100.  Tom wishes to withdraw $1,500 per month, so his registered representative estimates at today’s interest rates, such withdrawals will exhaust his savings by age 85.

20 FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC Solution – Lifestyle Income Rider FOR PRODUCER USE ONLY-NOT FOR DISSEMINATION TO THE PUBLIC $400,000 $300,000 $200,000 $100,000 $0 Age 65Age 85Age 95 $490,000 Life Insurance Coverage Income Guaranteed Withdrawal Benefits begin at age 85 Reduction of Death Benefit as Guaranteed Withdrawal Benefits are paid as income Remaining Death Benefit of $309,425 is paid to heirs $180,575 paid under Lifestyle Income Solution Death at age 95

21 FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC The Lifestyle Income Solution is available under the following conditions;  It must be purchased with the Guaranteed Minimum Death Benefit Rider and Terminal Illness Rider.  May only be added to policies that use the Guideline Premium Test for death benefit compliance.  Can only be added to policies where death benefit option 1 is selected.  Is only available at issue. Lifestyle Income Rider SM Access

22 FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC Protection Advantage Select ® vs. The Competition Product Features Protection Advantage Select Lincoln VULone 2012 John Hancock Protection VUL 12 Pacific Life Pacific Select VUL Hartford Leaders VUL Liberty Nationwide YourLife Protection VUL Funds Available Indexed 6590 Death Benefit Guarantee Life Age 9020 yrs Life Volatility Control Fund Automatic Reset Lifestyle Income Rider Chronic Illness/ LTC Rider * Hartford’s Longevity Access Rider requires insured to live to age 90 (available on anniversary closest to 90 th birthday.) Only available with a death benefit guarantee on Bicentennial UL * Protection Advantage Select® is the only VUL on the market that can provide a guaranteed death benefit AND guaranteed income

23 FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC Protection Advantage Select ® vs. The Competition – Premiums CompetitorGuar Age Premium Target JH Protection VUL 12 90$9,052$16,123$267,698 Lincoln VULone $11,424$18,650$773,541 Nationwide YourLife Protection VUL 121$11,532$16,486$813,997 Protection Advantage Select121$11,757$18,300$578,068 Pruco Life VUL Protector 121$11,925$14,960$891,745 Male, Age 50 PNT, $1MM Level death benefit. Guaranteed Premiums. -Guaranteed premiums within 5- 10% of market leader for non-tobacco, with higher targets than most competitors -Automatic reset can provide reduced payment length based on market performance -NONE of the competitors can also offer a guaranteed acceleration of death benefit - regardless of health condition State of Colorado. 8% Gross Rate, Company Weighted Average for all competitors, unweighted average for AG. Guaranteed to max age available, and carry to 121. Illustrations as of 5/28/2013 CompetitorGuar Age Premium Target JH Protection VUL 12 90$11,912$23,604$240,663 Lincoln VULone $14,604$24,000$620,527 Nationwide YourLife Protection VUL 121$14,532$23,569$644,627 Protection Advantage Select121$15,118$22,800$448,884 Pruco Life VUL Protector 121$15,647$20,520$752,356 Male, Age 55 PNT, $1MM Level death benefit. Guaranteed Premiums.

24 FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC Protection Advantage Select ® vs. The Competition – Premiums CompetitorPremium Target Guar Age JH Protection VUL$8,301$15,34070$273,930 Nationwide YourLife Protection VUL$8,669$15,68060$479,116 Pacific Life Pacific Select VUL*$8,747$14,82670$461,793 Hartford Leaders VUL Liberty$8,780$21,59070$410,211 Protection Advantage Select$8,815$18,30070$363,806 Lincoln VULone 2012$10,218$18,65092$505,720 Male, Age 50 PNT, $1MM Level death benefit. Premiums to Endow. State of Colorado. 8% Gross Rate, Company Weighted Average. Endow at 121. *Note: American General Lifestyle Income Rider only available with GMDB rider. Illustrations as of 5/28/2013 CompetitorPremium Target Guar Age JH Protection VUL$11,139$22,70075$257,588 Pacific Life Select VUL*$11,710$18,25270$420,294 Hartford Leaders VUL Liberty$11,832$26,11075$386,866 Protection Advantage Select$11,954$22,80075$338,995 Nationwide YourLife Protection VUL$12,048$22,71065$470,462 Lincoln VULone 2012$13,646$24,00094$482,663 Male, Age 55 PNT, $1MM Level death benefit. Premiums to Endow. -Premiums to endow and targets also within 5-10% of market leader -Hartford can provide an acceleration of the death benefit as income, but without the guaranteed death benefit, and policy owner must live to age 90 to access benefit*

25 FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC Building wealth. Preserving legacies. Income Advantage Select ®

26 FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC Prospects include  Individuals and business owners under 60, who have a need for life insurance  Business owners who want to have a strategy for succession planning or establish benefits for selected employees or themselves  Individuals willing to fund the policy at or near maximum premium levels Target Markets  Individuals with a future need for supplemental retirement income because they have either “maxed out” retirement accumulation options such as IRAs & 401(k)s or they don’t have those plans available to them.

27 FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC Supplemental Retirement Savings Opportunity Income Advantage Select 1 Not an actual case; presented for illustrative purposes only. 2 Illustrated values dated for a male, age 45, Preferred Plus Nontobacco, 5/2/13 for the state of Texas. $10,000 annual premium is paid for 20 years for an minimum increasing non-MEC face amount for 15 years, level thereafter. Assumes current non-guaranteed illustrated gross rate of 8.00 percent. Actual interest crediting to the policy may vary significantly depending on policy performance. Distributions are planned as withdrawals to basis and loans thereafter, which means the distributions are not subject to current income taxes. 3 Based on current federal income tax laws. Rich (age 45) and Maria (age 43) 1 Rich and Maria are in their 40s, are in good health and are looking to save additional money for retirement. They plan for both of their children to attend College and Rich is contributing the maximum to his 401(k) plan, but after speaking with their registered representative, he and Maria worry that these assets, even coupled with Social Security benefits, may not be enough to enable them to live the life they want when they retire. Income Advantage Select Insurance Rich purchases an Income Advantage Select VUL insurance policy on his life. Solution Details Death Benefit: $208,366 2 (increasing for 15 years, level thereafter) Premiums: $10,000 annually for 20 years to age 64 Distributions: Rich retires at age 65 and begins taking policy withdrawals to supplement his post- retirement needs. Preferred Plus Non Tobacco Immediate guaranteed income- tax-free 3 death protection on Rich’s life guaranteed for 20 years. Cash values within the policy grow on a tax-deferred basis, and are distributed tax free. Cash accumulation upside potential with assuming a gross rate of return of 8.00 percent Withdrawals from the policy may provide an annual income potential of $34,789 from age 66 to The Alternate Value Provisions contained in the policy provide a minimum lifetime guaranteed interest rate of 3.00 percent, regardless of the performance of the external indices. This Alternate Value interest rate is applied to the policy values remaining after policy charges, loans, and withdrawals are deducted from premiums paid.

28 FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC Income Advantage Select vs. The Competition – Product Feature Key AG Advantages  Volatility Control Fund is available to help manage investment risks  Unique Guaranteed Minimum Withdrawal Benefit Rider provides a no-lapse guarantee as well as a stream of guaranteed income for 10 years Challenges  Less fund investment options  Chronic Illness/LTC Rider not yet available, but less value accumulation focused VUL Product Feature Income Advantage Select Lincoln AssetEdge® 2009 John Hancock Accumulation VUL 09 Pacific Life Pacific Select VUL Hartford Leaders VUL Liberty 2012 Nation-wide YourLife Accumulation VUL Funds Available* Index6590 Death Benefit Guarantee (up to) 20 yrs 5 yrs Volatility Control Fund Investment Downside Protection Chronic Illness/ LTC Rider *Based on funds currently available to illustrate. Other funds may be shown in the prospectus and available to existing in-force policies.

29 FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC Income Advantage Select vs. The Competition – Income Company/Product (Net Rate) Income Target Lincoln AssetEdge® 2009 (7.33%)$34,971$3,948$395,295 Hartford Leaders VUL Liberty (7.32%)$34,800$4,377$396,005 Income Advantage Select (7.24%) $34,777$4,386$382,947 JH Accumulation VUL 09 (7.30%)$34,726$4,123$398,394 Nationwide YourLife Accumulation VUL (7.24%)$34,129$4,139$390,946 Pacific Life Pacific Select VUL* (7.16%)$32,640$4,354$367,100 Key AG Advantages  Competitive income - generally within +/- 2% of top competitors’ even with a lower net illustrated rate  Higher targets – 3-8% higher in most cases, particularly for age 40 and above Challenges  Slightly lower cash value in earlier years– 1-3% less cash at age 65 vs. competitors Male, Age 45 PNT, $10k/year to age 65, distributions age Minimum non-MEC death benefit, increasing to age 65, then level. State of Colorado. 8% Gross Rate, Company Weighted Average. *PacLife’s Select VUL is illustrated with 45/55 split between basic coverage and ARTR coverage.

30 FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC  After speaking with his registered representative, Ken decides to institute an executive bonus plan to provide for a supplemental retirement benefit for his key employees.  He is able to pick and choose how much he wishes to bonus each employee and for how long.  The company bonus is tax deductible to the company as reasonable compensation paid (Internal Revenue Code sec. 162) and will be included as compensation for each employee. Executive Retention Opportunity *Hypothetical example – not an actual case.  Ken owns a construction company and has two key employees he wants to retain.  He needs a tax-efficient, cost-effective way to provide additional benefits to his key employees without being overwhelmed with administrative paperwork. ERAGLC EE 2) Premiums 5) Cash Value and/or Death Benefit IRS 4) Tax Paid 1) Agreement 3) Tax Deduction

31 FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC Guaranteed Minimum Withdrawal Benefit (GMWB) - A Case Study Male, Age 35 PNT, $10k/year to age 65, distributions age Level death benefit. State of Colorado. 8% Gross Rate, Unweighted Average. A Hypothetical Case Study Client: Male, A35, PNT Willing to take market risks but also prefers certain downside protection Goal: Income replacement for his family in case of premature death Retiring at 65 and having supplemental income Overfunding an Income Advantage Select ($10K to Age 65) Adding the GMWB rider Result: Initial Death benefit: $873,056 guaranteed to Age 65 Non-guaranteed Income: $63,272 for 20 years from Age 66 to 85 Guaranteed Income: $32,102 for 10 years from Age 66 to 75

32 FOR PRODUCER USE ONLY – NOT FOR DISSEMINATION TO THE PUBLIC When You Need Answers - VUL Playbook

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. Questions? For additional information, please contact your American General Life Companies representative or visit our producer web site at National Sales Desk can be reached at

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. Policies issued by: American General Life Insurance Company (AGL), 2727-A Allen Parkway, Houston, Texas Income Advantage Select VUL Policy Form Number 08704; Guaranteed Minimum Withdrawal Benefit Rider 05270; Monthly Guarantee Premium for First 20 Years Rider 04720; Accidental Death Benefit Rider 82012; Waiver of Monthly Deduction Rider 82001; Overloan Protection Rider 07620; Terminal Illness Accelerated Benefit Rider 91401; Spouse/Other Insured Term Rider 88390; Children’s Insurance Benefit Rider Protection Advantage Select Policy Form Number 07921; Guaranteed Minimum Death Benefit Rider 13411; Lifestyle Income Rider (Guaranteed Withdrawal Benefit Rider); Accidental Death Benefit Rider 82012; Waiver of Monthly Deduction Rider 82001; Overloan Protection Rider 07620; Terminal Illness Accelerated Benefit Rider 91401; Spouse/Other Insured Term Rider 88390; Children’s Insurance Benefit Rider The United States Life Insurance Company in the City of New York (US Life) One World Financial Center, 200 Liberty Street, New York, New York, Income Advantage Select VUL Policy Form Number 08704N; Guaranteed Minimum Withdrawal Benefit Rider 05270N; Monthly Guarantee Premium for First 20 Years Rider 04720N; Accidental Death Benefit Rider ADB 79-1E; Waiver of Monthly Deduction Rider 82001N; Overloan Protection Rider 07620N; Children’s Insurance Benefit Rider CI 79-1E. Protection Advantage Select Policy Form Number 07921N; Guaranteed Minimum Death Benefit Rider 13411N; Lifestyle Income Rider 13972N (uaranteed Withdrawal Benefit Rider); Accidental Death Benefit Rider ADB 79-1E; Waiver of Monthly Deduction Rider 82001N; Overloan Protection Rider 07620N; Children’s Insurance Benefit Rider CI 79-1E. The underwriting risks, financial and contractual obligations and support functions associated with the products issued by AGL or US Life are each insurer’s own responsibility. Guarantees are subject to the claims-paying ability of the issuing insurance company. AGL does not solicit business in the state of New York. US Life is authorized to conduct insurance business in New York. American General Life Companies, 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. Policies and riders not available in all states. Variable universal life insurance policies issued by AGL and US Life are distributed by SunAmerica Capital Services Inc., member FINRA. AGLC Important Information