Mrs. Kasmikha Family Financial Security

Glossary of Termst s

Accelerated Benefit – BenefitAccess Rider The advance payment of some or all the death proceeds payable under a life insurance policy when the insured meets certain eligibility criteria. Admin. Charges Administrative Charges is a charge for administrative services for keeping records and communicating with policyowners. Administrative charges include: 1. A flat per policy charge, which has a guaranteed maximum of $15.00 per month. 2. A charge per $1000 of Basic Insurance Amount that varies by gender, issue age, policy year, underwriting and rating class in all years. 3. A charge equal to a percentage of the Contract Fund of up to 0.50% in all years. 4. A charge of up to $25 for any withdrawals. 5. A charge of up to $25 for any decrease in the Basic Insurance Amount. This illustration also reflects any Surrender Charges associated with a Basic Insurance Amount decrease during the first 14 years. (There is a premium-based administration charge that is calculated separately from the administrative charges described above. See glossary term, Premium Based Admin Charge for more information.) We may charge less than the guaranteed maximum charge, but not more. Age Age of the insured at the beginning of each policy year. Allocation This product provides a Fixed Account, a S&P 500 ® Indexed Account and a Goldman Sachs Voyager Indexed Account. You may allocate funds to either the Fixed Account, the S&P 500 ® Indexed Account, the Goldman Sachs Voyager Indexed Account or to all three accounts. The account or accounts to which your funds are allocated determines the interest crediting methodology applied to the policy’s Contract Fund. The policyowner chooses the allocation at issue, and may be changed later. Alternate Rate The illustrated non-guaranteed Alternate Rate used in this illustration is an Alternate Fixed Rate of 2.50% an Alternate Index Rate of 3.00% and an Alternate Daily Interest Advantage Rate of 0.00%. The alternate rate is used to calculate additional values for comparison against the illustrated values. See the About Interest Rates section for more information. Annual Premium Outlay The annual payment amount. Annual payments are assumed to be made at the beginning of each policy year. If you make payments more frequently than annually, they are assumed to be made on When an Indexed Segment matures, the ADSV is used along with the Participation Rate, Index Growth Floor Rate and the Index Growth Cap Rate(if applicable) to calculate any Index Interest. The ADSV is equal to the amount allocated to the Indexed Accounts Segment on the segment start date less a prorated portion of the amounts withdrawn or deducted during the segment duration. The prorating is based on the number of days from the withdrawal or deduction transaction’s effective date to the segment maturity date divided by the number of days from the segment start date to the segment maturity date. The prorating takes into account that a withdrawal or deduction occurring shortly after the segment is created has more of an impact on the ADSV than a withdrawal or deduction occurring near the end of the segment duration. Basic Insurance Amount This is the face amount of your Policy. Benefit Payment The periodic or lump sum payment of the accelerated death benefit under the BenefitAccess Rider. the first day of each premium payment period. Average Daily Segment Value (ADSV)

Glossary of Terms

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