Supplemental Retirement Savings for High Earner Welcome over the next few minutes we will discuss using indexed universal life insurance to supplement a high wage earners retirement.

Elite Global Plus II: The next generation IUL, positioned to outperform the competition. American General Life Companies pioneered global index universal life. Our innovation in interest crediting methodologies and diversity of global indices make Elite Global Plus II a compelling choice for today’s clients who seek protection and cash accumulation. For this concept we will be using American General’s Elite Global Plus II which is the next generation IUL, positioned to outperform the competition. American General Life Companies pioneered global index universal life. Our innovation in interest crediting methodologies and diversity of global indices make the Elite Global Plus II a compelling choice for today’s clients who seek protection and cash accumulation.

TOP Reasons… Unsurpassed innovation in interest crediting methodology: Two crediting options plus overweighting 2 of 3 best performing indices for potentially higher interest crediting rates*. More diversity than other carriers: three global indices: S&P 500, EURO STOXX and Hang Seng*. Strongest accumulation potential of UL products, perfect for supplemental retirement funding and other future income stream needs. Read Slide * Global indices available on 5-year index interest account option only; not available in New York.

I’ve Got A Client…SM Who is successful and looking for tax-advantaged ways to save additional money beyond qualified plans to supplement his future retirement income. He knows he also needs additional life insurance to provide for his family in case of his premature death. What can he do? For this case we will be working with a client who is successful and looking for tax-advantaged ways to save additional money beyond qualified plans to supplement his future retirement income. He knows that he also needs additional life insurance to provide for his family in case of his premature death. What can he do?

We’ve Got A Solution Max (45) and Emily (40) are in good health, and earn a significant six-figure income. Max is a successful attorney and Emily works as an office administrator. They have substantial retirement savings but no pensions, are contributing the maximum to their 401(k) plans, and have fully funded future college educations for their children. Let’s take a look at some more details of this case. Max is 45 and his wife Emily is 40 years old. Both are in good health, and earn a significant six-figure income. Max is a successful attorney and Emily works as an office administrator. They have substantial retirement savings but no pensions. They are contributing the maximum to their 401(k) plans, and have fully funded future college educations for their children.

We’ve Got A Solution They have two goals: saving more for retirement to help maintain their lifestyle, and protecting Emily and the children if something happens to Max. After meeting with their financial advisor, they realize that given their high income, fully funding their retirement plans is not enough to build the retirement income they’ll need. Their financial professional recommends an index universal life insurance policy to meet their needs. They have two goals: saving more for retirement to help maintain their lifestyle, and protecting Emily and the children if something happens to Max. After meeting with their financial advisor, they realize that given their high income, fully funding their retirement plans is not enough to build the retirement income they’ll need. Their financial professional recommends an index universal life insurance policy to meet their needs.

Solution Details Max (45) Preferred Non-Tobacco and Emily (40) purchase an Elite Global Plus II® index universal life insurance policy on Max’s life. Minimum Non-MEC Death Benefit (increasing for 7 years, level thereafter) Premiums: $175,000 for 7 years to age 52 Distributions: Max begins taking Choice Loans to supplement his post-retirement needs when he retires at 65 They purchase the Elite Global Plus II index universal life policy on Max’s life. The illustration is designed solving for the minimum Non-MEC Death Benefit (increasing for 7 years, level thereafter) based off of an annual premium of $25,000 for 7 years to age 52. Then at Max’s retirement (65) we will be solving for the max distribution of Choice Loans to the age of 85.

Benefits of the Solution The life insurance policy provides immediate and permanent income-tax-free death protection on Max’s life. Cash values within the policy grow on a tax-deferred basis, and are distributed tax free. Cash accumulation upside potential is provided by exposure to the world’s major economies. Choice Loans from the policy may provide an annual income potential of $61,296 from age 65 to 85. Premiums are structured to last 7 years, during Max’s peak career earnings years. Let’s cover the benefits of this solution. The life insurance provides immediate and permanent income tax free death protection on Max’s life. The cash values within the policy grow on a tax-deferred basis, and are distributed tax free. Also note the cash accumulation upside potential is provided by exposure to the world’s major economies. Choice loans from the policy may provide an annual income potential of $61,296 from the age of 65 to 85. And finally the premiums are structured to last 7 years, during Max’s peak career earnings years.

Strong Cash Accumulation & Income Potential at Max Illustrated Rates How Does It Stack Up? $25k/year for 7 years, Min Non-MEC Face Value, Male 45 PNT, Distributions Age 66-85 with best loan option Competitor Max Strategy Rate Income Target CV @A65 Allianz LifePro+ Form P54350 Global 1 Yr 8.84% 80,611 8,621 597,985 North American Builder IUL From ICC10LS172 S&P 500 1 Yr 8.30% 71,300 9,008 552,827 American General Elite Global Plus II Form 12967/12967N Global 5 Yr 9.28% 66,640 8,772 524,549 Minn Life Eclipse Form ICC09-700 S&P 500 3 Yr 9.01% 66,643 9,238 521,255 Nationwide YourLife IUL Form ICC11-NWLA-453 Blended 1 Yr 60,311 9,549 488,972 Aviva Lifetime Builder III Form 2ECG10 S&P 500 2 Yr 7.60% 49,871 9,457 483,087 Hartford Frontier IUL 2012* Form ICC12-1377 S&P 1 Yr w Part 7.90% 44,620 9,623 498,615 Transamerica Freedom Global IUL* Form ICC11 IUL05 8.67% 42,646 8,104 485,961 AXA Athena Index UL* Form 12-100 S&P 500 3Yr 7.64% 40,462 8,802 419,005 Let’s take a look at how the EDP II stacks up against the competition. Even at Max Illustrated Rates, EGP II is among one of the strongest competitors based on cash accumulation and potential income. But looking at max illustrated rates doesn’t provide a true comparison on a level playing field due to the various look back periods of the different carriers. Strong Cash Accumulation & Income Potential at Max Illustrated Rates * Offers fixed loans only Illustrations generated 3/19/2013 for the state of Colorado. Every attempt has been made to verify the accuracy of this information, but rates are subject to change at any time

Market Leading Performance on a level playing field How Does It Stack Up? Competitor Max Strategy Rate Income Target CV @A65 American General Elite Global Plus II Global 5 Yr 9.28% 66,640 8,772 524,549 North American Builder IUL S&P 500 1 Yr 7.80% 59,788 9,008 507,050 Hartford Frontier IUL 2012* S&P 1 Yr w Part 7.86% 44,190 9,623 495,296 Transamerica Freedom Global IUL* Global 1 Yr 8.67% 42,646 8,104 485,961 Minnesota Life Eclipse S&P 500 3 Yr 7.38% 38,398 9,238 400,852 -16% -1% -42% When you take many of those carriers down to their rates based on a 20 year look-back period the picture shifts dramatically for a lot of them. Products like Minn Life’s Eclipse sees income nearly cut in half just by moving from a 30 year look back to a 20 year look back period. $25k/year for 7 years, Min Non-MEC Face Value, Male 45 PNT, Distributions Age 66-85 with best loan option at 20 yr look back rate for max illustrated strategies Market Leading Performance on a level playing field * Offers fixed loans only Illustrations generated 3/19/2013 for the state of Colorado. Every attempt has been made to verify the accuracy of this information, but rates are subject to change at any time

The Solution Max and his agent can design a plan that meets his family’s protection needs and have the potential to supplement future income needs. See how your American General representative can help you plan a secure future for yourself and your family. Read Slide

Questions 12

Important Information Policies issued by: American General Life Insurance Company, 2727-A Allen Parkway, Houston, Texas 77019. Policy form numbers 12967, ICC-12967. The United States Life Insurance Company in the City of New York, One World Financial Center, 200 Liberty Street, New York, New York, 10281. Elite Global Plus II Policy Form Number 12967N; Waiver of Monthly Deduction Form Number 82001N; Overloan Protection Rider Form Number 07620N. Elite Global Survivor Policy Form Number 08414N; Four Year Term Rider Form Number 01904N; Overloan Protection Rider Form Number 07620JTN. The underwriting risks, financial and contractual obligations and support functions associated with the products issued by American General Life Insurance Company (AGL) and The United States Life Insurance Company in the City of New York (US Life) are its responsibility. Guarantees are subject to the claims paying ability of the issuing insurance company. AGL does not solicit business in New York. Policies and riders not available in all states. American General Life Companies, www.americangerneral.com, is the marketing name for a group of affiliated domestic life insurers, including AGL and US Life. IMPORTANT: Prior to soliciting business, be certain that you are appropriately licensed and appointed with the insurer and that the product has been approved for sale by the insurer in that state. If uncertain, contact your American General Life Companies representative for assistance. Do not state or imply that the purchase of the Elite Global Plus II is like an investment or a means of participating in “securities,” “markets,” stocks,” “stock market index,” or “S&P 500.” STANDARD & POOR’S, S&P and S&P 500 are registered trademarks of Standard & Poor’s Financial Services LLC and have been licensed for use by American General Life Companies. The Product is not sponsored, endorsed, sold or promoted by Standard & Poor’s, and Standard & Poor’s makes no representation regarding the advisability of paying premiums for the Product. FOR PRODUCER USE ONLY. NOT FOR DISSEMINATION TO THE PUBLIC. AGLC106841