Life Insurance Funding Analysis Exhibit

John Q. Sample

Life Insurance Funding Analysis

March 2010

XYZ Life Insurance Co. Universal Life Policy

Current death benefit:

$3,000,000

Owner:

1998 ILIT

Policy date:

02/01/98

Policy number:

XX123

Policy loan amount

 None

Cash value as of  02/05/10:

$507,720

Cost basis:

$1,040,724

Policy current/minimum interest rate:

4.5%/4.5% *

 Estimated internal rate of return (IRR) if insured had died in 2009:

15.25%

Estimated level premiums (provided*):

  Current (to age 86)

$85,000

  To support policy to age 90

$113,000

  To support policy to age 95

$131,000

  *Per illustrations run July – Sept. 09

Duration of policy with scheduled premiums

 Lapse on 6/1/19

Original estimated duration of policy

 Lapse on 12/1/20

Duration of policy with 0 future premiums

 Lapse on 2/1/14

* As-sold illustration assumes a 6.5% crediting rate.

John Q. Sample

Date of Birth

7/1/1932

Age as of March 2010

77

Life expectancies

 As of Jan. 2010 report

  Company A

 74 months, 6.2 years

  Company B

 79 – 123 months, 6.6 – 10.3 years

Note:  See full report from company