1. For Agent/Recruiting Purposes Only – Not For Use With the Public. Jessica Myers, CLU® Key Account Manager JMyers@NationalLife.com 802-229-3823

2. For Agent/Recruiting Purposes Only – Not For Use With the Public. 2013 - Momentum Keeps Building Life: $150,000,000+ Annuity: $180,000,000+

3. For Agent/Recruiting Purposes Only – Not For Use With the Public. Protection 2013 Results Submitted Applications Life Policies In-Force Collected Premiums Insurance In-Force 66K 368K $847M $75B 200736K313K$620M $58B 83% 18% 37% 29%

4. For Agent/Recruiting Purposes Only – Not For Use With the Public. Do Good. Be Good. Make Good. 2013 Total Benefits paid to our policyholders $1.8 Billion 166 Years of Keeping our Promises

5. For Agent/Recruiting Purposes Only – Not For Use With the Public. Keys to Our Success

6. For Agent/Recruiting Purposes Only – Not For Use With the Public. There may be twists and turns along the way 1 CDC: public health action plan to prevent heart disease and stroke, 2012 2 American Cancer Society, 2011 3 2U.S. Census Bureau, Saperston Companies, Bankrate, 2013 Every 29 seconds, someone will suffer a coronary event in the US. Every 60 seconds someone will die from such an event 1. Most bankruptcies filed due to illness are filed by people who do have health insurance 2. Out of 100 people who start working at age 25, 96% will not have adequate capital stowed away for retirement. 3 Receipt of accelerated benefits or lifetime income benefits can reduce or eliminate other policy and rider benefits.

7. For Agent/Recruiting Purposes Only – Not For Use With the Public. Process Innovation Driving Efficiency and Convenience Expansion of eApp Offerings Text Notifications Web Illustrations

8. For Agent/Recruiting Purposes Only – Not For Use With the Public. People – The Secret Sauce Access - Relationships - Professionalism

9. For Agent/Recruiting Purposes Only – Not For Use With the Public. There’s never been a better time to be a financial services professional.

10. For Agent/Recruiting Purposes Only – Not For Use With the Public. American households would be in jeopardy if a primary breadwinner died. * LIMRA 2010 Life Insurance Ownership Study

11. For Agent/Recruiting Purposes Only – Not For Use With the Public. The of a diversified financial services group The of a mid size company The of a 164-year-old mutual company * *National Life Insurance Company was founded in 1848. You can grow with the support you need

12. For Agent/Recruiting Purposes Only – Not For Use With the Public. Our focus has always been on Main Street, not Wall Street For Agent/Recruiting Purposes Only – Not For Use With the Public.

14. You Have Many Options

15. For Agent/Recruiting Purposes Only – Not For Use With the Public. What Choice Would You Make? 946 Life insurance companies in the United States ACLI Factbook 2010 * Fortune 1000 ranking represents consolidated results of the National Life Group companies. 136 Mutual companies including stock companies held by mutual holding companies 128 Domestically-domiciled mutual companies 2 Conservative mutual companies that have been in business for over 160 years Mutual companies in the Fortune 1000* 10

16. For Agent/Recruiting Purposes Only – Not For Use With the Public. ACLI Factbook 2010 * Fortune 1000 ranking represents consolidated results of the National Life Group companies. Company that is mutually held Is in the Fortune 1000* Has a competitive living benefits story, and partners with you to help grow your business

17. For Agent/Recruiting Purposes Only – Not For Use With the Public. Your Choice is Clear

18. For Agent/Recruiting Purposes Only – Not For Use With the Public. VISION To Bring Peace of Mind to Everyone We Touch MISSION Keeping Our Promises

19. For Agent/Recruiting Purposes Only – Not For Use With the Public. At National Life Group We Have It All National Life Group® is a trade name representing various affiliates that offer a variety of financial service products. National Life Insurance Company is licensed in all 50 states and the District of Columbia. Life Insurance Company of the Southwest, Addison, TX is licensed to do business in 49 states and the District of Columbia. It is not licensed to do business in New York. Equity Services, Inc., Member FINRA/SIPC. Sentinel Investments SM is the unifying brand name for Sentinel Financial Services Company, Member FINRA, Sentinel Asset Management, Inc., and Sentinel Administrative Services, Inc. All companies, unless otherwise noted, are located in Montpelier, VT. Each company of the group is solely responsible for its own financial condition and contractual obligations. National Life Insurance Company Life Insurance Company of the Southwest Equity Services, Inc. Sentinel Investments -Living Benefits for terminal, chronic and critical illness on ALL life insurance -Indexed Universal Life -Fixed Universal Life -Traditional Whole Life -Term -Annuities

20. For Agent/Recruiting Purposes Only – Not For Use With the Public. We Are Financially Strong A.M. Best A (Excellent) Third highest out of 16 ranking Standard & Poor’s A (Strong) Sixth highest of 21 rankings Moody’s A2 (Good) Sixth highest of 21 rankings Financial Strength ratings for National Life Insurance Company and Life Insurance Company of the Southwest Ratings are current as of March 31, 2012 and are subject to change.

21. For Agent/Recruiting Purposes Only – Not For Use With the Public. Simple Solutions to Life Let the puzzle pieces tell the story that today’s life insurance is more about living than dying.

22. For Agent/Recruiting Purposes Only – Not For Use With the Public.

23. LSW Term is Back in The Game

24. For Agent/Recruiting Purposes Only – Not For Use With the Public. LSW Term Portfolio 10-G – 10 year level term; premiums guaranteed level for 10 years. 15-G – 15 year level term; premiums guaranteed level for 15 years. 15-NG – 15 year level term; premiums guaranteed level for first 10 years. 20-G – 20 year level term; premiums guaranteed level for 20 years. 20-NG – 20 year level term; premium guaranteed level for first 10 years. 30-G – 30 year level term; premiums guaranteed level for 30 years. 30-NG – 30 year level term; premiums guaranteed level for first 10 years.

25. For Agent/Recruiting Purposes Only – Not For Use With the Public. Streamlined Underwriting No routine medical Face amount of $250,000 or less Age 65 or younger No options for preferred rate classes for people who are 65 and under applying for less than $250,000. To get preferred must apply for at least $250,001.

26. For Agent/Recruiting Purposes Only – Not For Use With the Public. Full Commission on Conversions. Full suite of permanent products available. 10 Years on 10 Year Term 12 Years on 15 Year Term 15 Years on 20 Year Term 20 Years on 30 Year Term Not beyond age 70 Ages 66 and higher – 5 years LSW Term – Conversion Privilege

27. For Agent/Recruiting Purposes Only – Not For Use With the Public. Product Details Minimum face amount: $50,000 Policy Fee: $95 annually, fully commissionable (spouse discount on second policy of $47 Banding: –Band 1 - $50,000 - $250,000 –Band 2 - $250,001 - $999,999 –Band 3 - $1,000,000

28. For Agent/Recruiting Purposes Only – Not For Use With the Public. Age Nearest Birthday

29. For Agent/Recruiting Purposes Only – Not For Use With the Public.

31. The Power of Indexed Universal Life

32. For Agent/Recruiting Purposes Only – Not For Use With the Public.

33. From 6/21/2007 to 1/21/2012: Point to Point S&P 500 Growth Rate= 2.562% Point to Point High Cap= 6.851% Point to Poing High PRT= 6.747% Point to Point No Cap= 5.88%

34. For Agent/Recruiting Purposes Only – Not For Use With the Public. Tax-Free Retirement

35. For Agent/Recruiting Purposes Only – Not For Use With the Public. Initial Premium = $300 per month Increased Premium in yr 5 = $400 per month Increased Premium in yr 10 = $500 per month Total Premiums paid through age 64 = $134,400 Tax-Free Income at age 70 = $67,180 per year

36. For Agent/Recruiting Purposes Only – Not For Use With the Public. Total Paid Into Policy = $134,400 Total Tax-Free Income Through 100 = $2,015,400 If you assume death at age 90: Total Paid: $134,400 Total Tax-Free Income: $1,343,600 Death Benefit to Family: $231,000

37. For Agent/Recruiting Purposes Only – Not For Use With the Public.

38. The Really Smart Baby Plan

39. For Agent/Recruiting Purposes Only – Not For Use With the Public. Baby Einstein Case

40. For Agent/Recruiting Purposes Only – Not For Use With the Public. Initial Premium = $75 per month Year 3 Premium = $100 per month Year 5 Premium = $150 per month Tax Free $ for College = $13,000 per yr Tax Free $ for house = $75,000 Initial Death Benefit = $250,000 Increasing – Opt B

41. For Agent/Recruiting Purposes Only – Not For Use With the Public. Guaranteed Insurability Rider = $50,000 Premium of $150 per month paid through age 66. Tax-Free Retirement Income = $338,250 per year for 30 years! Total Premium Paid = $106,800 Total Tax-Free $ to age 94 = $10,274,500

42. For Agent/Recruiting Purposes Only – Not For Use With the Public.