Private Placement Life Insurance Versus Taxable Investment Male Age 60 Securities offered through First Liberties Financial, Member FINRA/SIPC This document does not constitute an offer to sell nor the solicitation of an offer to purchase any interest in any investment product. No such offer or solicitation may be made prior to the delivery of definitive offer document.

Policy Illustration Assumptions and Overview Delaware state of issue $1,000,000 annual premium investment after first four years Minimum initial death benefit as allowable in order to maximize policy cash appreciation 8% annual net return on selected investment fund illustrated Each insured presumed to qualify for second best medical underwriting rate class The following summary is taken from illustrations provided by Zurich Life. Additional policy information is provided in the full insurance company illustrations.

Policy Illustration Fees and Expenses Summary Premium Based Charges Federal DAC Tax: 1.0% on full amount of each premium paid DE State Premium Tax: 2.0% on full amount of each premium paid Zurich Insurance Company Annual Asset Based Charges 25bps policy years 1-10; 20bps years 11-20; 15bps year 21+ WealthEdge Annual Asset Based Compensation 16bps policy years 1-10; 10bps years 11-20; 6bps year 21+

Private Placement v. Taxable Investment Insurance Values Taxable Account Values Policy Year Age Annual Premium Investment Cash Value Death Benefit Beginning Year Value Annual 8% Growth 39.6% Tax on Growth End Year Value 1 61 $1,000,000 $1,021,277 $13,980,950 $80,000 $31,680 $1,048,320 2 62 $2,108,360 $15,068,034 $2,048,320 $163,866 $64,891 $2,147,295 3 63 $3,267,392 $16,277,065 $3,147,295 $251,784 $99,706 $3,299,372 4 64 $4,522,241 $12,959,673 $4,299,372 $343,950 $136,204 $4,507,118 5 65 - 0 - $4,823,616 $360,569 $142,785 $4,724,902 10 70 $6,791,353 $7,877,970 $5,706,480 $456,518 $180,781 $5,982,217 20 80 $14,037,648 $14,739,531 $9,147,596 $731,808 $289,796 $9,589,608 30 90 $28,722,244 $30,158,356 $14,663,772 $1,173,102 $464,548 $15,372,325 40 100 $59,539,564 $23,506,307 $1,880,505 $744,680 $24,642,132 * Summary information only. See full illustration for complete details.

Securities offered through First Liberties Financial Thomas J. Carstens 99 Park Avenue, Suite 1920 New York, NY 10016 212.871.0685 tcarstens@firstlibertiesfinancial.com www.carstens.us Securities offered through First Liberties Financial