GENESIS UNIVERSAL LIFE

GENESIS The Investment of Your Life

Types of Coverage  Individual Coverage  Joint Insurance 2 lives - 1st death, last to die and last-to-die paid up on first death 3-5 lives 1st death and last to die

 Multiple Insureds Coverage Types of Coverage  Multiple Insureds Coverage Up to 9 lives, including the principal insured Possibility of more than one applicant Accumulation fund paid to applicant or beneficiary according to proportion indicated in the application

Issue Ages Basic U.L. - 0-85 Options 10 - 0-80 15 - 0-70 20 - 0-60

Minimum Face Amount - $10,000 for all options - Lowest in Industry

Rate Bands Band 1 $10,000 - $49,999 2 $50,000 - $99,999 3 $100,000 - 199,999 4 $200,000 - 499,999 Bands 4,5, & 6 5 $500,000 - 999,999 eligible for preferred rates 6 $1,000,000 +

Premium Payment Choices Monthly Annual

Individual Joint Multiple Policy Fees Individual Joint Multiple 1st Insured $ 60 $ 90 $ 120 Additional Insured $ 30 $ 30* 0 3rd Insured + 0 0 0 Maximum Policy Fees $ 90 $ 120 $ 120 * No additional fees if the insured is one of the spouses.

Death Benefit Choices Face Amount Only Face Amount + Fund Face Amount + Fund with Wealth Maximizer Option Wealth Maximizer Plus 2 new choices!!

Face Amount + Guaranteed ROP Death Benefit = Face Amount +Higher of: a) Fund Value b) All Deposits Paid Available at Issue Only All COI types

Face Amount + Fund + ACB Death Benefit = Face + Fund + ACB Corporate Cases Only Available at Issue Only All COI Types

Cost of Insurance Types YRT Level Level with Guaranteed paid-up-option YRT to Level YRT to Level with Guaranteed Paid-up-option

Change from YRT to Level/Quick Pay New Benefit!! Available after 3 years Rate then in effect based on attained age No underwriting, same risk class Can select to get a reminder in the application (not binding) New Benefit!!

Unique 10-15-20 Options Fully guaranteed paid-up insurance option after 10,15, or 20 years Guaranteed Surrender Values Not dependent on Investment Performance

Bonus Option (3 choices) Interest Bonus Bonus Option (3 choices) 1) No Bonus MERS reduced by 1.2% for all accounts 2) Guaranteed Bonus 1.2 on all accounts 3) Performance Bonus 2% this year if last year’s average return > 5% Option must be chosen at issue Paid from end of first contract year and at end of each subsequent year

Surrender Charges Level COI No Surrender Charges on: Options 10/15/20

Surrender Charges YRT COI Low Charge Schedule Face Face + Fund Service Charge for 7 years % of cumulative minimum premium

Surrender Charges YRT COI High Charge Schedule Maximize tax room Face + Fund (Wealth Max. Option) Face + ACB Face + ROP Service Charge for 7 years % of cumulative minimum premium

Disability Benefit Contractual right Up to 100% of the surrender value in case of disability Non-Taxable Benefit

Additional Benefits T10 and T20 (R+C) Critical Illness T10 Child Critical Illness Supplementary Income (SI) Child Module

Additional Benefits AD AD+D AF GI CID CAD CADE

Guaranteed Interest Accounts Investment Options Guaranteed Interest Accounts 5 year average account Fixed-term accounts (1,2,3,4,5, +10 years)

Guaranteed Interest Accounts Available Terms Minimum Interest Rate 1 year, 2 year, 3 year 0% 4 years 1% 5 years 2% 10 years 3%

Market Indices Money Market Global Stocks Bonds  European Stocks Global Bonds  U.S. Stocks Canadian Stocks  U.S. Stocks (DAQ) International Stocks

Diversified Strategy Prudent Account Moderate Account Balanced Account Growth Account Aggressive Account

Active Management Canadian Bonds (IA) Diversified Growth (IA) Diversified (IA) Canadian Stocks (IA) Diversified (Fidelity) Canadian Stocks (Bissett) Diversified Income(IA) Canadian Stocks (Fidelity)

Active Management Canadian Stocks (Dynamic) Global Stocks (New Star) Canadian Stocks (Fidelity) NorthStar (Fidelity) Small Cap Canadian Stocks (Leon Frazer) Boomernomics (CI) Global Stocks (Templeton) International Stocks (Templeton)

Active Management European Stocks (Fidelity) Asian Stocks (Rothschild) European Stocks (Rothschild) Emerging Markets (Temp) U.S. Stocks (McLean Budden) Global Fin. Services (CI) U.S. Stocks (Legg Mason) Global Health Care (Talvest)

Premium Changes Lower premiums for children Rates: Decrease of 10% to 16% More competitive for family cases Decrease in Level COI band 2 $50k to $99k: average of 5% More competitive for small insurance need

Premium Changes Option 10-15-20 JFTD Average increase of 3 to 5% Still competitive JFTD Increase in ESA: +1 or +2 (à valider)

U.L. Availability Prior to Feb. 27, 2006 Genesis Meridia New U.L. Product Genesis Flex Account

NEW UL Product ... Meridia Flex Account GENESIS UL PRODUCT OVERVIEW U.L. Availability After Feb. 27, 2006 Meridia Flex Account NEW UL Product ... GENESIS UL

1st year 2nd year 3 to 5 6 to 10 11 years Compensation 1st year 2nd year 3 to 5 6 to 10 11 years Min. Premium 70% Level 5% 5% 3% 75% YRT 5% 5% 3% — Excess Premiums 12% 3% 3% 3% 3% Shuttle Acct. 1.2% — — — — Accumulation Fund — — — 0.2% 0.2% 10-15-20 options 12% 3% 3% 3% — Plus CPB