Guaranteed Issue Whole Life (GIWL) Rate Calculator

[Pages:2]Guaranteed Issue Whole Life (GIWL) Rate Calculator

Product Overview Issue Ages: 50 ? 85

Face Amounts: $5,000 - $25,000

Payment Options:

ACH

Credit Card: Visa, MasterCard

Direct Express

Highlights:

? One Page Application

? Guaranteed Approval

? No Health Questions

? No Medical Exam

? Two Year Graded Death Benefit

? Chronic Illness Benefit Rider included at No Cost*

? Terminal Illness Benefit Rider included at No Cost*

*All riders are not available in all states: Chronic Illness and Terminal Illness ABRs not available in CA; Chronic Illness ABR not available in DC.

Modal Factor

Payment Mode Modal Factor

Annual

1.000

Semi-Annual

0.500

Quarterly

0.250

Monthly

0.0834

Calculation Details

Gender

Male

Age

60

Face

$15,000

Payment mode

Monthly

Annual Premium Rate per $1,000*

*Does not include annual $24 policy fee

Rates good as of 09/14/2018

FACE AMOUNTS

Issue Age

Male1

Female1

$5,000 $10,000 $15,000 $20,000 $25,000 $5,000 $10,000 $15,000 $20,000 $25,000

50 59.86 59.86 59.86 59.86 59.86 40.56 40.56 40.56 43.12 43.12 51 60.82 60.82 60.82 60.82 60.82 41.58 41.58 41.58 46.36 46.36 52 61.91 61.91 61.91 64.00 64.00 43.15 43.15 43.15 49.12 49.12 53 62.88 62.88 62.88 67.72 67.72 45.48 45.48 45.48 51.64 51.64 54 63.98 63.98 63.98 70.96 70.96 47.57 47.57 47.57 53.92 53.92 55 65.83 65.83 65.83 73.84 73.84 49.44 49.44 49.44 55.96 55.96 56 67.80 67.80 67.80 76.00 76.00 51.53 51.53 51.53 58.24 58.24 57 69.55 69.55 69.55 77.92 77.92 53.16 53.16 53.16 60.04 60.04 58 71.11 71.11 71.11 79.60 79.60 54.82 54.82 54.82 61.84 61.84 59 72.19 72.19 72.19 80.80 80.80 56.35 56.35 56.35 63.52 63.52 60 73.34 73.34 73.34 81.64 81.64 57.58 57.58 57.58 64.84 64.84 61 78.58 78.58 78.58 87.76 87.76 61.20 61.20 61.20 68.80 68.80 62 83.86 83.86 83.86 93.52 93.52 64.51 64.51 64.51 72.40 72.40 63 88.92 88.92 88.92 99.04 99.04 67.37 67.37 67.37 75.52 75.52 64 93.77 93.77 93.77 104.32 104.32 69.55 69.55 69.55 77.92 77.92 65 98.50 98.50 98.50 109.48 109.48 71.42 71.42 71.42 79.96 79.96 66 102.67 102.67 102.67 114.04 114.04 75.29 75.29 75.29 84.16 84.16 67 106.30 106.30 106.30 118.00 118.00 78.48 78.48 78.48 87.64 87.64 68 109.70 109.70 109.70 121.72 121.72 81.43 81.43 81.43 90.88 90.88 69 112.68 112.68 112.68 124.96 124.96 84.31 84.31 84.31 94.00 94.00 70 115.32 115.32 115.32 127.84 127.84 86.95 86.95 86.95 96.88 96.88 71 126.10 126.10 126.10 139.60 139.60 95.74 95.74 95.74 106.48 106.48 72 136.66 136.66 136.66 151.12 151.12 104.11 104.11 104.11 115.60 115.60 73 146.57 146.57 146.57 161.92 161.92 112.13 112.13 112.13 124.36 124.36 74 155.81 155.81 155.81 172.00 172.00 119.50 119.50 119.50 132.40 132.40 75 163.73 163.73 163.73 180.64 180.64 126.10 126.10 126.10 139.60 139.60 76 191.76 191.76 191.76 211.24 211.24 144.79 144.79 144.79 160.00 160.00 77 218.71 218.71 218.71 240.64 240.64 162.41 162.41 162.41 179.20 179.20 78 244.56 244.56 244.56 268.84 268.84 178.90 178.90 178.90 197.20 197.20 79 269.33 269.33 269.33 295.84 295.84 194.30 194.30 194.30 214.00 214.00 80 293.09 293.09 293.09 321.76 321.76 207.94 207.94 207.94 228.88 228.88 81 301.18 301.18 301.18 330.81 330.81 212.69 212.69 212.69 234.27 234.27 82 309.81 309.81 309.81 340.45 340.45 217.82 217.82 217.82 240.08 240.08 83 343.11 343.11 343.11 377.27 377.27 225.00 225.00 225.00 248.15 248.15 84 359.63 359.63 359.63 395.62 395.62 230.61 230.61 230.61 254.50 254.50 85 376.28 376.28 376.28 414.09 414.09 236.28 236.28 236.28 260.90 260.90

1. Lookup annual premium rate for male, $15,000 face amount, age 60 from the premium chart. $73.34

2. Multiply by face amount and divide by 1000. $1,100.100 = 73.34 * 15000 / 1000

3. Round to nearest cent. $1,100.10

4. Add $24 policy fee. $1,124.10

5. Multiply by appropriate modal factor (in this case monthly). $93.749 = 1124.1 * .0834

6. Round to nearest cent to obtain final modal premium. $93.75

1 Unisex rates available in Montana only. Contact: GIWLTeam@, with questions.

Policies issued by: American General Life Insurance Company (AGL), Policy Forms: ICC15-15532, 15532,15532-5, 1553210. Rider Numbers: ICC15-15200, ICC15-15201, 15200, 15200-10, 15200-35, 15201, 15201-9, 15201-10 and 15201-35. Issuing company AGL is responsible for financial obligations of insurance products and is a member of American International Group, Inc. (AIG). AGL does not solicit business in the state of New York. Products may not be available in all states and product features and rates may vary by state. Guarantees are backed by the claims-paying ability of the issuing insurance company. ? 2018 AIG. All rights reserved.

FOR FINANCIAL PROFESSIONAL USE ONLY - NOT FOR PUBLIC DISTRIBUTION.

AGLC110027 REV0918

Guaranteed Issue Whole Life (GIWL)

Monthly Premium*

ISSUE AGE

50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85

$5,000 $26.96 $27.36 $27.82 $28.22 $28.68 $29.45 $30.27 $31.00 $31.65 $32.10 $32.58 $34.77 $36.97 $39.08 $41.10 $43.08 $44.81 $46.33 $47.75 $48.99 $50.09 $54.59 $58.99 $63.12 $66.97 $70.28 $81.97 $93.20 $103.98 $114.31 $124.22 $127.59 $131.19 $145.08 $151.97 $158.91

$10,000 $51.92 $52.73 $53.63 $54.44 $55.36 $56.90 $58.55 $60.01 $61.31 $62.21 $63.17 $67.54 $71.94 $76.16 $80.21 $84.15 $87.63 $90.66 $93.49 $95.98 $98.18 $107.17 $115.98 $124.24 $131.95 $138.55 $161.93 $184.41 $205.96 $226.62 $246.44 $253.19 $260.38 $288.16 $301.93 $315.82

MALE 1 $15,000

$76.89 $78.09 $79.45 $80.66 $82.04 $84.35 $86.82 $89.01 $90.96 $92.31 $93.75 $100.31 $106.91 $113.24 $119.31 $125.23 $130.44 $134.98 $139.24 $142.96 $146.27 $159.75 $172.96 $185.36 $196.92 $206.83 $241.89 $275.61 $307.95 $338.93 $368.66 $378.78 $389.57 $431.23 $451.90 $472.73

$20,000 $101.85 $103.45 $108.75 $114.96 $120.36 $125.17 $128.77 $131.97 $134.77 $136.78 $138.18 $148.39 $157.99 $167.20 $176.01 $184.61 $192.22 $198.83 $205.03 $210.43 $215.24 $234.85 $254.07 $272.08 $288.90 $303.31 $354.35 $403.39 $450.43 $495.46 $538.70 $553.79 $569.87 $631.29 $661.90 $692.70

FACE AMOUNTS

$25,000 $126.81 $128.81 $135.44 $143.20 $149.95 $155.96 $160.46 $164.46 $167.97 $170.47 $172.22 $184.98 $196.99 $208.50 $219.51 $230.27 $239.78 $248.03 $255.79 $262.54 $268.55 $293.07 $317.09 $339.60 $360.62 $378.64 $442.44 $503.74 $562.53 $618.83 $672.87 $691.74 $711.84 $788.61 $826.87 $865.38

$5,000 $18.92 $19.34 $20.00 $20.97 $21.84 $22.62 $23.49 $24.17 $24.86 $25.50 $26.01 $27.52 $28.90 $30.09 $31.00 $31.78 $33.40 $34.73 $35.96 $37.16 $38.26 $41.93 $45.42 $48.76 $51.83 $54.59 $62.38 $69.73 $76.60 $83.02 $88.71 $90.69 $92.83 $95.83 $98.17 $100.53

$10,000 $35.83 $36.68 $37.99 $39.93 $41.67 $43.23 $44.98 $46.34 $47.72 $49.00 $50.02 $53.04 $55.80 $58.19 $60.01 $61.57 $64.79 $67.45 $69.91 $72.32 $74.52 $81.85 $88.83 $95.52 $101.66 $107.17 $122.76 $137.45 $151.20 $164.05 $175.42 $179.39 $183.66 $189.65 $194.33 $199.06

*Monthly premium amounts include $24 annual policy fee.

FEMALE 1 $15,000

$52.74 $54.02 $55.98 $58.90 $61.51 $63.85 $66.47 $68.50 $70.58 $72.50 $74.03 $78.56 $82.70 $86.28 $89.01 $91.35 $96.19 $100.18 $103.87 $107.47 $110.78 $121.77 $132.24 $142.28 $151.50 $159.75 $183.13 $205.18 $225.81 $245.07 $262.13 $268.08 $274.49 $283.48 $290.49 $297.59

As of 09/14/2018

$20,000 $73.93 $79.33 $83.93 $88.14 $91.94 $95.34 $99.15 $102.15 $105.15 $107.95 $110.15 $116.76 $122.76 $127.97 $131.97 $135.37 $142.38 $148.19 $153.59 $158.79 $163.60 $179.61 $194.82 $209.43 $222.84 $234.85 $268.88 $300.91 $330.93 $358.95 $383.77 $392.76 $402.46 $415.92 $426.51 $437.18

$25,000 $91.91 $98.66 $104.42 $109.67 $114.42 $118.68 $123.43 $127.19 $130.94 $134.44 $137.19 $145.45 $152.96 $159.46 $164.46 $168.72 $177.48 $184.73 $191.49 $197.99 $204.00 $224.01 $243.03 $261.29 $278.06 $293.07 $335.60 $375.63 $413.16 $448.19 $479.22 $490.45 $502.57 $519.39 $532.63 $545.98

1 Unisex rates available in Montana only. Contact: GIWLTeam@, with questions.

Policies issued by: American General Life Insurance Company (AGL), Policy Forms: ICC15-15532, 15532,15532-5, 15532-10. Rider Numbers: ICC15-15200, ICC15-15201, 15200, 15200-10, 15200-35, 15201, 15201-9, 15201-10 and 15201-35. Issuing company AGL is responsible for financial obligations of insurance products and is a member of American International Group, Inc. (AIG). AGL does not solicit business in the state of New York. Products may not be available in all states and product features and rates may vary by state. Guarantees are backed by the claims-paying ability of the issuing insurance company. ? 2018 AIG. All rights reserved.

FOR FINANCIAL PROFESSIONAL USE ONLY - NOT FOR PUBLIC DISTRIBUTION.

AGLC110068 REV0918

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