2. 1 Click to End Presentation FOR AGENT USE ONLY. NOT TO BE USED FOR CONSUMER SOLICITATION PURPOSES Guarantee Builder IUL ® PR-1236 12/08

3. 2 FOR AGENT USE ONLY. NOT TO BE USED FOR CONSUMER SOLICITATION PURPOSES Click to End Presentation PR-1236 12/08 Best of Both Worlds Death Benefit Guarantees * Guarantee Builder IUL! Cash Accumulation of IUL AND * Subject to premium payment requirements.

4. 3 FOR AGENT USE ONLY. NOT TO BE USED FOR CONSUMER SOLICITATION PURPOSES Click to End Presentation PR-1236 12/08 Basics Issue Ages: 15 days – 80 years Minimum Face Amount = $50,000 (all classes) Five Rate Classes: Super Preferred Preferred Standard Preferred Tobacco Standard Tobacco Two-year Rolling Target

5. 4 FOR AGENT USE ONLY. NOT TO BE USED FOR CONSUMER SOLICITATION PURPOSES Click to End Presentation PR-1236 12/08 Features Dial-A-Guarantee death benefit to age 120 * Premiums payable to age 120 * (2001 CSO table) Available for conversion Variable Loans – Available first policy year Standard and Preferred Loans Available year six and beyond ** *Subject to premium payment requirements. **In Montana and Massachusetts, Standard Loans are available starting in the third policy year.

6. 5 FOR AGENT USE ONLY. NOT TO BE USED FOR CONSUMER SOLICITATION PURPOSES Click to End Presentation PR-1236 12/08 Index and Interest Features Daily Index Buckets—premiums allocate to the index bucket on trading day upon receipt Fixed Account –Interest credited monthly –ZERO premium is required to be put into the fixed account! GPT or CVAT chosen at issue

7. 6 FOR AGENT USE ONLY. NOT TO BE USED FOR CONSUMER SOLICITATION PURPOSES Click to End Presentation PR-1236 12/08 Index Options S&P 500 ® DJIA sm NASDAQ-100 ® DJ EURO STOXX 50 ®DJ EURO STOXX 50 ® Fixed interest account

8. 7 FOR AGENT USE ONLY. NOT TO BE USED FOR CONSUMER SOLICITATION PURPOSES Click to End Presentation PR-1236 12/08 Index Crediting Methods Point-to-point Inverse Point-to-Point Daily Averaging All with Annual Resets

9. 8 FOR AGENT USE ONLY. NOT TO BE USED FOR CONSUMER SOLICITATION PURPOSES Click to End Presentation PR-1236 12/08 Current Available Riders Accidental Death Benefit Rider Accelerated Benefit Endorsement Children’s Term Rider Paid Up Protection Rider (Life Protection Rider in Texas) Protected Pour In Rider * Standard Loan Endorsement Waiver of Monthly Deductions Rider Waiver of Surrender Charge Endorsement * * In Massachusetts, the Protected Pour In Rider and the Waiver of Surrender Charge Endorsement are provisions within the policy.

10. 9 FOR AGENT USE ONLY. NOT TO BE USED FOR CONSUMER SOLICITATION PURPOSES Click to End Presentation PR-1236 12/08 Available Materials Marketing Guide (PR-1000) Consumer Brochure (PR-1001) Builder IUL Series @ a Glance (PR-1007) Builder IUL Series Current Rate Sheet (PR-1008)

11. 10 FOR AGENT USE ONLY. NOT TO BE USED FOR CONSUMER SOLICITATION PURPOSES Click to End Presentation PR-1236 12/08 Why Guarantee Builder IUL? 1.Daily Sweeps * 2.Flexibility 3.Low Face Amounts 4.No Required Allocation to Fixed Account 5.Variable loans 6.Plus, a guaranteed death benefit ** * Premiums allocate to the index bucket on trading day upon receipt. **Subject to premium payment requirements.

12. 11 FOR AGENT USE ONLY. NOT TO BE USED FOR CONSUMER SOLICITATION PURPOSES Click to End Presentation PR-1236 12/08 Sales Ideas 1035 Exchanges Door Opener Limited Pay Plans Starter Policy

13. 12 FOR AGENT USE ONLY. NOT TO BE USED FOR CONSUMER SOLICITATION PURPOSES Click to End Presentation PR-1236 12/08 Additional Markets Mortgage Protection with Opportunity for Early Payoff Buy-Sell Pension Maximization Living Trusts

14. 13 Click to End Presentation FOR AGENT USE ONLY. NOT TO BE USED FOR CONSUMER SOLICITATION PURPOSES Questions? Contact Sales Support 800-800-3656 ext. 10411 salessupport@nacolah.com PR-1236 12/08

15. 14 FOR AGENT USE ONLY. NOT TO BE USED FOR CONSUMER SOLICITATION PURPOSES Click to End Presentation PR-1236 12/08 DISCLOSURES THE FOLLOWING DISCLOSURES APPLY TO THIS PRESENTATION IN ITS ENTIRETY In some situations, loans and withdrawals may be subject to federal taxes. North American Company for Life and Health Insurance does not give tax or legal advice. Clients should be instructed to consult with and rely on their own tax advisor or attorney for advice on their specific situation. In Massachusetts, the Protected Pour In Rider and the Waiver of Surrender Charge Endorsement are provisions within the policy. On a non-guaranteed basis, this benefit provides protection from surrender charges to a portion of all premiums received in the first policy year. If the policy is surrendered during the initial surrender charge period, the policyowner can retrieve a % (Protected Pour In %) of all premium received in the first policy year in excess of the cumulative Threshold Premium shown in the Schedule of Policy Benefits, less any previous partial surrenders or outstanding loan balance. The Minimum Protected Pour in % is shown in the schedule of Policy Benefits and is subject to change. Note that the amount provided by the Protected Pour In provision is not available for loans or partial surrenders. Guarantee Builder IUL is issued on policy form series LS164A, Accelerated Benefit Endorsement is issued on form LR352A, Accidental Death Benefit Rider is issued on form LR370A, Children’s Term Rider is issued on form LR372A, Paid Up Protection Rider (Life Protection Rider in TX) is issued on form LR419A, Protected Pour In Rider is issued on form LR418A, Standard Loan Endorsement is issued on form LR420A, Waiver of Monthly Deductions Rider is issued on form LR416A, Waiver of Surrender Charge Endorsement is issued on form LR417A or state variations, by North American Company for Life and Health Insurance, Executive Office, Chicago, IL 60607. Product features, riders, endorsements or issue ages may not be available in all jurisdictions. Limitations or restrictions may apply. Standard & Poor’s®”, “S&P®”, “S&P 500®”, “Standard & Poor’s 500”, “500” are trademarks of The McGraw-Hill Companies, Inc. and have been licensed for use by North American Company for Life and Health Insurance. The Dow Jones EURO STOXX 50® is the intellectual property of (including registered trademarks) STOXX Limited, Zurich, Switzerland and/or Dow Jones & Company, Inc., a Delaware corporation, New York, USA (the “Licensors”), which is used under license. The securities based on the Index are in no way sponsored, endorsed, sold or promoted by the Licensors and neither of the Licensors shall have any liability with respect thereto. “S&P MidCap 400®”, “Standard & Poor’s MidCap 400®” are trademarks of The McGraw-Hill Companies, Inc. and have been licensed for use by North American Company for Life and Health Insurance. This product is not sponsored, endorsed, sold or promoted by Standard & Poor’s® and Standard & Poor’s® makes no representation regarding the advisability of purchasing this product.“ Dow Jones”, and “DOW JONES INDUSTRIAL AVERAGEsm”, (DJIAsm) COMPOSITE STOCK PRICE INDEX are service marks of Dow Jones & Company, Inc. and have been licensed for use for certain purposes by North American Company for Life and Health Insurance. The NASDAQ-100®, NASDAQ-100 INDEX® and NASDAQ® are registered marks of the NASDAQ Stock Market Inc. (which with its affiliates are the “Corporations”) and are licensed for use by North American Company for Life and Health Insurance. These products have not been passed on by the Corporations as to their legality or suitability. These products are not issued, endorsed, sold or promoted by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THIS PRODUCT. THIS INDEX DOES NOT INCLUDE DIVIDENDS PAID BY THE UNDERLYING COMPANIES. Guarantee Builder IUL from North American Company for Life and Health Insurance is not sponsored, endorsed, sold or promoted by Standard & Poor’s®, Dow Jones, and Dow Jones ERUO STOXX 50 and they make no representation regarding the advisability of purchasing this contract or investing in this product. Index Universal Life products are not an investment in the “market” or in the applicable index and are subject to all policy fees and charges normally associated with most universal life insurance.