Sentinel Plan® Summit Bonus Index℠ INTRODUCING THE NEW Summit Bonus Index℠

Sentinel Plan® Summit Bonus Index℠ FOR PRODUCER USE ONLY This presentation is intended for producer use only and should not be disclosed to the public. The information contained in this presentation is general in nature and is subject to the applicable annuity and rider language.

Sentinel Plan® Summit Bonus Index℠ Sentinel Security Life Founded in 1948 and dedicated to the senior market Expanding product portfolio that includes: Final Expense Life Insurance Medicare Supplement/Select Hospital Advantage Annuities Competitive Commissions Strong financial background

Sentinel Plan® Summit Bonus Index℠ New for 2014: CA, PA,TX, IL and WA New States: CA, PA,TX, IL and announcing WA!!! Premium Bonus - CA & IL: 7% initial Premium, 1% Income Rider - PA, TX & WA: 4.5% initial premium, 1% income Rider Now Available: Client Brochure, Quick Sheet, Agent Field Guide, Online/Desktop Calculator, Applications and Annuity Rate Sheet

Sentinel Plan® Summit Bonus Index℠ Product Description Single Premium Deferred Annuity 10 Year Surrender Charge Premium Bonus 4 Interest Crediting Strategies Fixed Account Income Rider Guaranteed Lifetime Withdrawal Benefit

Sentinel Plan® Summit Bonus Index℠ Product Highlights Type/MarketSingle Premium Fixed Index Deferred Annuity MarketsQualified or Non-Qualified Issue Ages0 to 80 Minimum Single Premium$5,000 (qualified) $10,000 (non-qualified) Maximum Single Premium$1 Million (qualified or non-qualified) Market Value Adjustment (MVA)The MVA is specified in the contract. The MVA expires at the end of each Guarantee Period

Sentinel Plan® Summit Bonus Index℠ Premium Bonus The Base Policy has a one-time Premium Bonus that is credited to the Accumulation Value on the Policy Date This bonus ranges from 4.5%-7% * depending on the state Premium bonus has a vesting schedule * during the surrender charge period *Premium Bonus and vesting schedules vary by state. Please refer to your state’s Summit Bonus Index Agent Quick Sheet for more details.

Sentinel Plan® Summit Bonus Index℠ Interest Crediting Indexing strategies will be benchmarked against the S&P 500® Index. Crediting rate for a particular strategy can never fall below 0% Accumulation Value may be reallocated on an annual basis, 30 days prior to the Policy Anniversary date.

Sentinel Plan® Summit Bonus Index℠ Interest Crediting - Caps A cap is a maximum interest rate that is used when calculating the Index Account’s interest rate. The Point-to-Point, Monthly Average, and Daily Average strategies use an annual cap. The Monthly Sum strategy uses a monthly cap. Caps are guaranteed for each Policy Year and can be adjusted annually, but will never be less than the Guaranteed Minimum Cap.

Sentinel Plan® Summit Bonus Index℠ Interest Crediting - Caps Caps are guaranteed for each Policy Year and can be adjusted annually, but will never be less than the Guaranteed Minimum Cap. Effective 05/01/14

Sentinel Plan® Summit Bonus Index℠ Interest Crediting Strategies Annual Point-to-Point Monthly Averaging Daily Averaging Monthly Sum

Sentinel Plan® Summit Bonus Index℠ Annual Point-to-Point Each Policy Anniversary, the S&P index value is compared to the S&P index value of the previous Policy Anniversary. The resulting return, up to the applicable cap, will be credited to the Accumulation Value.

Sentinel Plan® Summit Bonus Index℠ Annual Point-to-Point - example Interest Calculation: Interest Rate = 1.68% Policy Year 7/1/2011 – 7/1/2012 Ending Index Value1, Initial Index Value1, Point-to-Point Cap2.90%

Sentinel Plan® Summit Bonus Index℠ Monthly Averaging Each Policy Anniversary, the S&P index value for the 12 monthly Index Dates will be averaged and compared to the S&P index value of the previous Policy Anniversary. The resulting return, up to the Applicable cap, will be credited to the Accumulation Value.

Sentinel Plan® Summit Bonus Index℠ Monthly Averaging - example Interest Calculation: Interest Rate = 1.43% Policy Year 1/1/2011 – 1/1/ Month Sum15, Month Average1, Initial Index Value1, Monthly Average Cap 3.15%

Sentinel Plan® Summit Bonus Index℠ Daily Averaging Each Policy Anniversary, the S&P index values for each trading day of the Policy Year will be averaged and compared to the S&P index value at the beginning of the period. The resulting return, up to the applicable cap, will be credited to the Accumulation Value.

Sentinel Plan® Summit Bonus Index℠ Daily Averaging - example Interest Calculation: Interest Rate = 3.25% Policy Year 10/1/2011 – 10/1/2012 Daily Index Sum (253 Index Values) 336, Daily Average1, Initial Index Value1, Daily Average Cap3.25%

Sentinel Plan® Summit Bonus Index℠ Monthly Sum Each Policy Anniversary, the S&P performance will be determined for each month in the Policy Year. The sum of monthly changes in the S&P 500® will determine the overall crediting rate for the year. Each month, the S&P return will be subject to the applicable cap.

Sentinel Plan® Summit Bonus Index℠ Policy Year 10/1/2011 – 10/1/2012 Monthly Sum Cap1.40% Sum of Monthly Comparisons with cap 3.92% Monthly Sum - example Interest Rate = 3.92% 1.40% Cap

Sentinel Plan® Summit Bonus Index℠ Fixed Account The interest rate is guaranteed for each policy year and credited daily to the Accumulation Value. The interest rate will never dip below the guaranteed minimum of 1%.

Sentinel Plan® Summit Bonus Index℠ Optional Income Rider Only available if the Annuitant is an owner Subject to a minimum issue age of 45 Available for an additional charge equal to 1.05% assessed on the Income Account Value and deducted from the Accumulation Value Can be renewed for an additional 10 years

Sentinel Plan® Summit Bonus Index℠ Income Rider – Premium Bonus An additional Premium Bonus equal to 1% of the initial premium is added to the Accumulation Value and Income Account Value when the Income Rider is selected at issue The Premium Bonus on the Base Policy is also credited to the Income Account Value when this rider is selected 5.5%-8% total Premium Bonus when this rider is selected (Base Policy Premium Bonus * + Income Rider Premium Bonus) Subject to Premium Bonus vesting schedule * * Base Policy Premium Bonus and vesting schedules vary by state. Please refer to your state’s Summit Bonus Index Agent Quick Sheet for more details.

Sentinel Plan® Summit Bonus Index℠ Income Account Value Used to calculate the annual Guaranteed Lifetime Withdrawal Benefit (GLWB) once elected Different than the Accumulation Value from which funds are available for withdrawals and surrenders It is not an amount that may be withdrawn and is not payable on death

Sentinel Plan® Summit Bonus Index℠ Income Account Value - Rollup The Income Account Value will earn a 6% Annual Compound Rollup for 10 years provided the GLWB has not started The Rollup can be renewed for an additional 10 years unless: – Oldest Owner, or Annuitant if Owner is a non-natural person, has turned 80 – Rider has been terminated – GLWBs have started

Sentinel Plan® Summit Bonus Index℠ Income Account Value - Rollup The annual 6% Rollup stops at the earlier of: – The start of the GLWB payments – The day the oldest Owner, or Annuitant if the Owner is a Non-natural Person, turns 85; or – The end of the initial Roll-up Term Period of 10 years unless the rider is renewed for an additional 10 years.

Sentinel Plan® Summit Bonus Index℠ GLWB Guaranteed Lifetime Withdrawal Benefit GLWB guarantees that you may withdraw a specified amount each year even if the Accumulation Value is zero. Benefits may begin any time after the first Policy Year once the owner has attained age 55

Sentinel Plan® Summit Bonus Index℠ GLWB – Payout Factors * Based on the Younger Joint Life The annual GLWB is equal to the Income Account Value multiplied by the Payout Factor corresponding to the attained age of the Owner when income starts.

Sentinel Plan® Summit Bonus Index℠ Income Account Calculation Issue Age: 55 Initial Premium: $65,000 8% Premium Bonus : $5,200* 100% allocated to Point-to-Point Initial Accumulation/Income Account Value: $70,200 *8% Premium Bonus = 7% Base Policy Premium Bonus + 1% Income Rider Premium Bonus Example

Sentinel Plan® Summit Bonus Index℠ Income Account Calculation Example Policy Year Age Point-to-Point Interest Accumulation Account Value Rollup Interest Income Account Value %$70, %$74, %$72, %$78, %$74, %$83, %$76, %$88, %$78, %$93, %$80, %$99, %$80, %$105, %$83, %$111, %$85, %$118, %$85, %$125,718

Sentinel Plan® Summit Bonus Index℠ GLWB Calculation GLWB elected at Age: 61 GLWB Payout Factor: 5.10% Accumulation Value: $80,987 Income Account Value: $99,581 GLWB = $99,581 X 5.10% = $5,079 Example

Sentinel Plan® Summit Bonus Index℠ Income Account Calculation Example Policy Year Age Point-to-Point Interest Accumulation Account Value Rollup Interest Income Account Value %$70, %$74, %$72, %$78, %$74, %$83, %$76, %$88, %$78, %$93, %$80, %$99, %$80, %$105, %$83, %$111, %$85, %$118, %$85, %$125,718

Sentinel Plan® Summit Bonus Index℠ Settlement Options The Vested Value can be used to purchase one of the following Settlement Options after the 5 th Policy Anniversary. Life Income Only Life Income Period Certain Period Certain Only

Sentinel Plan® Summit Bonus Index℠ Life Income Only We will pay equal monthly payments for the Annuitant’s remaining lifetime. Payments end with the payment due just before the Annuitant’s death. There is no death benefit under this option.

Sentinel Plan® Summit Bonus Index℠ Life Income Period Certain We will pay equal monthly payments for the longer of the Annuitant’s remaining lifetime or the period certain. If the Annuitant dies after all payments have been made for the period certain, payments shall end with the payment due just before the Annuitant’s death.

Sentinel Plan® Summit Bonus Index℠ Period Certain Only We will pay equal monthly payments for a period certain of not less than 10 years and not more than 20 years. After the fifth Policy Year, You may request a period certain of not less than 5 years and not more than 20 years.

Sentinel Plan® Summit Bonus Index℠ Withdrawal Provisions A maximum of 2 withdrawals are allowed each Policy Year provided Each withdrawal must be at least $250 Accumulation Value cannot drop below $2500 Any withdrawals will impact the GLWB

Sentinel Plan® Summit Bonus Index℠ Withdrawal Provisions The amount of the Accumulation Value that is available free from any Surrender Penalty, non- vested Premium Bonus and Market Value Adjustment is: For the first Policy Year – The interest earned on the Fixed Account For subsequent Policy Years – the Required Minimum Distribution OR up to 5% of the Accumulation Value, whichever is greater.

Sentinel Plan® Summit Bonus Index℠ Surrender Value The Surrender Value is subject to: Surrender Charges Market Value Adjustment (MVA) Non-Vested Premium Bonus Minimum Guaranteed Surrender Value will never be less than required by Standard Non-Forfeiture Law.

Sentinel Plan® Summit Bonus Index℠ Maturity Currently set at Annuitant’s age 100, but may change or be state specific depending on state’s approval Owner may request a lump sum or one of the Settlement Options available If no request is received, Cash Surrender Value will be used to purchase a Life with Ten Year Certain Annuity

Sentinel Plan® Summit Bonus Index℠ Death of Owner Death Benefit is paid to the beneficiary. Death Benefit is equal to the Accumulation Value less the non-vested premium bonus. Beneficiary can take the Death Benefit as one of the following options: – Lump Sum – Distributed within five years – Installment payments using a Settlement Option If the beneficiary is a non-natural person, a lump sum will be paid. If the only beneficiary is the surviving spouse of the Owner, the spouse may continue the Policy and become the new Owner.

Sentinel Plan® Summit Bonus Index℠ Death of Annuitant Owner can designate a new Annuitant. If no new Annuitant is provided, the Owner, or older owner if jointly owned, will automatically become the Annuitant. If the owner is not a natural person, the Annuitant’s death would be treated as a death of Owner.

Sentinel Plan® Summit Bonus Index℠ How to Quote Download desktop rating software OR Online Income Rider Calculator Both available through the Producer Portal

Sentinel Plan® Summit Bonus Index℠ Rating Software Will have both annuity products Personal Choice Annuity™ Summit Bonus Index℠

Sentinel Plan® Summit Bonus Index℠ Online Income Rider Calculator

Sentinel Plan® Summit Bonus Index℠

Delivery Receipt? All Summit Bonus Index℠ Annuity sales of $250,000 or greater will require a delivery receipt before commissions will be paid.

Sentinel Plan® Summit Bonus Index℠ What now? Make sure you are appointed to sell Annuities through Sentinel All forms are available on the Producer Portal at Available for Order Application Packs Client Brochure Agent Quick Sheet Online Agent Field Guide Annuity Rate Sheet

Sentinel Plan® Summit Bonus Index℠ Contact Information Main Telephone (801) Toll Free Number (800) New Business Fax (801) (888) New Business/Suitability… Policy Services/Withdrawals….. Commissions………………………….. Licensing………………………………… Sales………………………………………. Marketing/Advertising……………

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