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Retirement Strategies

Taming a bear market in retirementAdding flexibility to your retirement income portfolio with 10-pay whole life insurance

A Retirement Strategy for Individuals

Your financial strategy probably includes saving for retirement, but how does it address the issues concerning income distribution planning during retirement?

Contents 4 | The impact of a bear market

during retirement

6 | Dr. Alexander’s retirement account

8 | How can you prepare for a bear market in retirement – today?

The decision to purchase life insurance should be based on long-term financial goals and the need for a death benefit. Life insurance is not an appropriate vehicle for short-term savings or short-term investment strategies. While the policy allows for loans, you should know that there may be little to no cash value available for loans in the policy’s early years.

The information in this brochure is not written or intended as specific tax or legal advice and may not be relied on for purposes of avoiding any Federal tax penalties. MassMutual, its employees and representatives are not authorized to give tax or legal advice. Individuals are encouraged to seek advice from their own tax or legal counsel.

NOT A BANK OR CREDIT UNION DEPOSIT OR OBLIGATION • NOT FDIC OR NCUA INSURED NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY • NOT GUARANTEED BY ANY BANK OR CREDIT UNION

10 | Whole life insurance vs. alternative options

12 | Is this strategy right for you?

3

The changing retirement landscapeToday, many people are finding that the traditional means of

funding a comfortable retirement can no longer be relied upon. The

caps placed on qualified retirement plan funding, the minimal income

replacement percentage of Social Security and the dwindling number

of employer-provided pension plans mean that a much greater portion

of your retirement savings must come from other sources.

What makes this even more of a challenge is the fact that the more you

earn, the more you need to save. Individuals generally need 75% to 85%

of their pre-retirement income to live comfortably in retirement. The

chart below illustrates how the percentage of pre-retirement income

replaced by Social Security retirement income benefits decreases as

your income level increases.

Projected Social Security retirement benefits based on pre-retirement income level

Estimated Social Security retirement income benefit calculated on 10/1/2010 using the Social Security Quick Calculator at www.ssa.gov.

$300,000

$250,000

$200,000

$150,000

$100,000

$50,000

0

Annualincome

Social Security Retirement Income

Difference betweenSocial Security Benefit and current income

Pre-retirement income level

40% 28% 20% 15% 12%

4

Many individuals with the necessary risk tolerance and long-term

investment horizon take advantage of the upside potential of equity

investments in accumulating assets for retirement. However, equity markets

may be subject to periods of volatility. This raises the question: What would

happen if you retire at a time when stock and bond prices are declining?

What effect could this have on your retirement accounts and what can you

do to minimize the impact on your retirement income stream?

Taking income from an equity based retirement account during a period of

negative returns can have a significant adverse effect on the future value of

the account. This may ultimately impact the amount of income you have

available during retirement, as well as the amount of your legacy to your

family. It’s important to include a conservative element in your retirement

income strategy now – that will give you the future financial flexibility

to more effectively manage your retirement income during changing

economic conditions.

The following case study illustrates how effective planning for the

inevitable bear markets that occur over time can help to preserve the

long-term value of equity based retirement accounts.

The impact of a bear market during retirement

Taking income from an equity based retirement account during a period of negative returns can have a significant adverse effect on the future value of the account.

5

Meet Dr. Ava AlexanderDr. Ava Alexander plans to retire when she

turns age 65. She will have accumulated

$2 million dollars in qualified plan assets

that she will roll-over into an individual

retirement account (IRA) when she retires.

Dr. Alexander expects to immediately begin

taking annual distributions of $150,000

from the IRA at the start of each year to

supplement her other sources of retirement

income. She will invest the account in a

diversified portfolio of stocks because she

believes that investing in the stock market

will give her the best long-term return on

her account, even if she needs to ride out a

couple of bear markets.

6

Let’s take a look at Dr. Alexander’s hypothetical retirement

account, assuming that she takes $150,000 of income from

the account at the beginning of each year and her account

earnings rates are equal to the actual performance for the

S&P 500 Index* from 1973 to 1987. The average gross

return of the S&P 500 during this 15-year period was over

11.28%. There were four years when returns were negative

and during the first two years the index declined in value by

more than 36%.

This time period was selected to illustrate the impact that

varying returns can have on a retirement account during

a period when income distributions are being taken. The

distributions of income will be taxable as ordinary income to

Dr. Alexander, who is in a 33% marginal income tax bracket.

As you will note, Dr. Alexander took the $150,000 income

distribution from the account each year and she still had over

$900,000 left in the account at the end of the 15-year period.

Dr. Alexander’s retirement account

AgeBeginning

of Year Balance

Systematic Withdrawal

on 1/1

Post Withdrawal

Balance

S&P 500 Return

End of Year Balance

65 $2,000,000 $150,000 $1,850,000 -14.80% $1,576,20066 1,576,200 150,000 1,426,200 -26.50% 1,048,25767 1,048,257 150,000 898,257 37.30% 1,233,30768 1,233,307 150,000 1,083,307 23.70% 1,340,05169 1,340,051 150,000 1,190,051 -7.30% 1,103,17770 1,103,177 150,000 953,177 6.60% 1,016,08771 1,016,087 150,000 866,087 18.60% 1,027,17972 1,027,179 150,000 877,179 31.10% 1,149,98173 1,149,981 150,000 999,981 -4.90% 950,98274 950,982 150,000 800,982 21.10% 969,98975 969,989 150,000 819,989 22.40% 1,003,66776 1,003,667 150,000 853,667 6.10% 905,74177 905,741 150,000 755,741 32.10% 998,33378 998,333 150,000 848,333 18.60% 1,006,12379 $1,006,123 $150,000 $856,123 5.20% $900,642

Assumptions: Beginning value $2 million; $150,000 Annual Systematic Withdrawal, $100,000 Annual Income Net Taxes – 33%; S&P 500 Historical Performance from 1973 – 1987; The S&P 500 Index is a list of securities frequently used as a measure of U.S. stock market performance. These investment results and account values are hypothetical. They do not reflect fees and charges associated with an actual investment. Had fees and charges been reflected, the values would be lower. You cannot invest directly in an Index.

* The Standard & Poor’s 500 Index is an unmanaged measure of common stock total return performance in the U.S.

Dr. Alexander’s retirement account

7

An alternative approachLet’s take a look at an alternate approach to see if Dr.

Alexander could achieve a better result by modifying her

distribution strategy. Under this approach, she will avoid

taking distributions from the retirement account in those

years that follow a negative return on the account assets.

By avoiding distributions in these years, the impact of the

negative market returns on her account over the period

would be far less. In fact, by reducing her distributions in

the account by a total of $500,697, Dr. Alexander’s account

value at the end of the 15-year period has increased from

$900,642 to $3,353,353.

But this raises a question of where will Dr. Alexander get the

supplemental retirement income in those years where she

avoided taking income from her retirement account.

By reducing her distributions from the retirement account by a total of $500,697, Dr. Alexander’s account value at the end of the 15-year period has increased from $900,642 to $3,353,353 – an increase of $2,452,711 or about 272%

Dr. Alexander’s retirement account – alternate approach

AgeBeginning

of Year Balance

Systematic Withdrawal

on 1/1

Post Withdrawal

Balance

S&P 500 Return

End of Year Balance

65 $2,000,000 $150,000 $1,850,000 -14.80% $1,576,20066 1,576,200 0 1,576,200 -26.50% 1,158,50767 1,158,507 0 1,158,507 37.30% 1,590,63068 1,590,630 150,000 1,440,630 23.70% 1,782,05969 1,782,059 150,000 1,632,059 -7.30% 1,512,91970 1,512,919 0 1,512,919 6.60% 1,612,77271 1,612,772 150,000 1,462,772 18.60% 1,734,84772 1,734,847 150,000 1,584,847 31.10% 2,077,73573 2,077,735 150,000 1,927,735 -4.90% 1,833,27674 1,833,276 77,0001 1,756,276 21.10% 2,126,85075 2,126,850 150,000 1,976,850 22.40% 2,419,66476 2,419,664 150,000 2,269,664 6.10% 2,408,11477 2,408,114 150,000 2,258,114 32.10% 2,982,96978 2,982,969 150,000 2,832,969 18.60% 3,359,90179 $3,359,901 $172,3031 $3,187,598 5.20% $3,353,353

Assumptions: Beginning value $2 million; $150,000 Annual Systematic Withdrawal, $100,000 Annual Income Net Taxes – 33%; S&P 500 Historical Performance from 1973 – 1987; The S&P 500 Index is a list of securities frequently used as a measure of U.S. stock market performance. These investment results and account values are hypothetical. They do not reflect fees and charges associated with an actual investment. Had fees and charges been reflected, the values would be lower. You cannot invest directly in an Index.1 These values represent the required minimum distribution from the IRA in that year under federal tax law. Minimum distributions based on the total value of all IRA assets will be required beginning in the year following the year that the account owner turns age 70 ½ . Failure to make the full required minimum distribution will result in an excise tax equal to 50% of the shortfall.

8

In order to implement this strategy, Dr. Alexander will need an

alternate source of income that is not significantly impacted by

short-term market volatility. Options might include certificates

of deposit (CDs) and other conservative savings vehicles. These

types of assets may offer lower overall investment returns over

the long run when compared to equities, but they represent

a stable source of income that is essential to her retirement

income distribution strategy.

When Dr. Alexander was in her mid-40’s, her financial

professional recommended that she purchase additional life

insurance death benefit protection. A whole life insurance

policy with a limited premium payment period could provide

the pre-retirement income protection that she needed, and

accumulate cash value to provide supplemental retirement

income. He suggested she purchase a whole life insurance

policy with a 10-year premium payment period because it

would be fully paid-up after 10 years and accumulate cash

values more rapidly than whole life policies with longer

premium payment periods.

A 10-pay whole life policy is a good choice for individuals who

want to fully fund their policy during their peak earning years.

Whole life insurance offers guaranteed policy cash values

and the potential for additional cash value funded with policy

dividends, which are not guaranteed. The policy cash values

can provide a stable source of supplemental retirement income

that is not impacted by short-term market volatility.

A death benefit plus cash accumulation Let’s assume at age 45, Dr. Alexander purchased a $1,000,000

whole life policy with premiums payable for 10 years to age

55. She paid the guaranteed annual premium of $36,160 for

10 years, after which the policy is fully paid-up. In addition to

meeting her protection needs, the policy will accumulate cash

value on a tax-deferred basis for retirement. During retirement,

Dr. Alexander will take partial surrenders of cash value from

the policy in those years that she wants to avoid taking income

from her retirement account. Since the partial surrenders

illustrated represent a return of her cost basis in the policy, these

payments will be income tax-free.2 This means that a $100,000

partial surrender from her policy is equivalent to a $150,000

withdrawal from her retirement account on an after-tax basis,

assuming a 33% marginal income tax bracket.

Whole life insurance can provide tax-deferred accumulation of

policy cash values and tax-free retirement income via partial

surrenders up to the policy cost basis. In addition, the income

tax-free policy death benefit can protect your income during

your working years, and ultimately assure your legacy to your

family. These advantages make whole life insurance a good

choice for individuals who can benefit from the protection, cash

accumulation and tax advantages that the product offers.

How can you prepare for a bear market in retirement – today?

An additional layer of protection

You can add an additional layer of protection with the optional Waiver of Premium Rider. MassMutual will waive your policy’s premiums if you, as the insured, become totally disabled and cannot work. If your premiums are waived due to disability, your policy’s cash value will continue to grow at the same rate as if you were still paying the premiums. The Waiver of Premium Rider is available for an additional cost.

2 Distributions under the policy (including cash dividends and partial/full surrenders) are not subject to taxation up to the amount paid into the policy (cost basis). If the policy is a Modified Endowment Contract, policy loans and/or distributions are taxable to the extent of gain and are subject to a 10% tax penalty.

Access to cash values through borrowing or partial surrenders will reduce the policy’s cash value and death benefit, increase the chance the policy will lapse, and may result in a tax liability if the policy terminates before the death of the insured.

99

Dr. Alexander’s whole life policy

Age End Year

Annual Surrender Beg Year3

Net Cash Value End Year4

Net Death Benefit End Year4

66 $0 $751,170 $1,503,30167 100,000 690,090 1,344,75968 100,000 625,420 1,187,09469 0 662,697 1,225,62970 0 702,025 1,265,54871 100,000 637,793 1,121,15872 0 675,522 1,158,44273 0 715,240 1,197,15474 0 757,045 1,237,30475 49,000 749,247 1,196,34576 0 792,525 1,236,85177 0 837,819 1,278,60578 0 885,124 1,321,53479 0 934,459 1,365,60980 $0 $986,100 $1,411,134

Whole life with premiums payable for 10 years Female – Age 45, Select Preferred Non-Tobacco $1,000,000 Face Amount Annual premium, including Waiver of Premium Rider: $36,160

3 Partial surrenders of $100,000 during years following negative performance. Partial surrender at age 75 is less than $100,000 to reflect required minimum distribution from the IRA of $77,000 in that year. The remaining $73,000 of gross income is equivalent to a $49,000 tax-free partial surrender from the policy, assuming a 33% marginal tax bracket.

4 These values include dividends which are neither estimates nor guarantees, but are based on the 2011 dividend scale. The dividend scale is reviewed annually and it is likely that dividends in future years will be lower or higher depending on the Company’s actual experience. For this reason, we strongly recommend that you look at a hypothetical lower scale illustration available upon request.

10

Buying whole life insurance was one way for Dr. Alexander

to help meet both her pre-retirement protection and

supplemental retirement income needs, but how does this

compare to alternative options that were available to her?

What if Dr. Alexander had purchased a less expensive term

life insurance policy to meet her protection needs, and

invested in CDs or other conservative savings vehicles to

provide her supplemental retirement income?

Let’s assume that instead of purchasing the 10-pay whole

life policy at age 45, Dr. Alexander purchased a $1,000,000

20-year term life insurance policy with guaranteed

premiums to age 65. She then invested the difference

between the premium and the term premium in a taxable

account each year for the first 10 years (until age 55).

For the next 10 years (to age 65) the premium was withdrawn

from that taxable account. Let’s further assume the taxable

account earned 5% (before taxes) each year until she turned

age 80. The annual premium for the 20-year term policy is

$1,665. The whole life 10-pay premium was $36,160. The

difference of $34,495 was invested annually over the initial

10 years. Over the next 10 years, the $1,665 annual term

premium was withdrawn from the taxable account to keep

the term coverage in place until age 65. Let’s take a look at

how these two alternatives compare at Dr. Alexander’s age

65 and beyond.

Whole life insurance vs. alternative options

Whole life insurance vs. taxable account & term insurance

Dr. Alexander’s whole life policy Taxable account & term insurance

Age End

Year

Annual Surrender Beg Year5

Net Cash Value

End Year4

Net Death Benefit

End Year4

Side Fund Account

Withdrawals5

Side Fund Account Balance6

Term Policy Death

Benefit

66 $0 $751,170 $1,503,301 $0 $576,072 $067 100,000 690,090 1,344,759 100,000 492,020 068 100,000 625,420 1,187,094 100,000 405,153 069 0 662,697 1,225,629 0 418,726 070 0 702,025 1,265,548 0 432,753 071 100,000 637,793 1,121,158 100,000 343,900 072 0 675,522 1,158,442 0 355,421 073 0 715,240 1,197,154 0 367,327 074 0 757,045 1,237,304 0 379,633 075 49,000 749,247 1,196,345 49,000 341,709 076 0 792,525 1,236,851 0 353,156 077 0 837,819 1,278,605 0 364,987 078 0 885,124 1,321,534 0 377,214 079 0 934,459 1,365,609 0 389,851 080 $0 $986,100 $1,411,134 $0 $402,911 $0

Whole Life Legacy 10 Pay – Female 45 – Select Preferred Non-Tobacco – $1,000,000 Face Amount – $36,160 Annual Premium. Vantage Term 20 – Female 45 – Select Preferred – $1,000,000 Face Amount – $1,665 Annual Premium. Assumes term policy is not renewed at age 65 when the guaranteed level-premium period ends and the annual premium increases. All insurance policy premiums include the cost of Waiver of Premium Rider.

11

SummaryWhile the “buy term and invest” approach may provide the

income that Dr. Alexander needs, under the assumptions

made in this comparison, she would end up with more cash

and a larger net legacy to her family at death in every year

illustrated by purchasing the whole life policy. The charts

below illustrate these differences at her ages 66 and 80.

Cash or account value Legacy at death

What if Dr. Alexander had purchased a less expensive term life insurance policy to meet her protection needs and invested in CDs or other conservative savings vehicles to provide her supplemental retirement income?

5 Account withdrawals or partial surrenders of $100,000 taken during years following a negative return on IRA assets. Age 75 value reflects the required minimum distribution from the IRA of $77,000 and the remaining $73,000 of gross income that is equivalent to an after-tax value of $49,000 assuming a 33% marginal tax bracket.

6 Taxable side fund account based on 5% annual return after expenses and an income tax rate of 33%.

0

$200,000

$400,000

$600,000

$800,000

$1,000,000

$1,200,000

Term with side fund

Whole life4

Age 80Age 660

$200,000

$400,000

$600,000

$800,000

$1,000,000

$1,200,000

$1,400,000

$1,600,000

Term with side fund

Whole life4

Age 80Age 66

12

This supplemental retirement income strategy could be right for you if:

• You have a protection need that life insurance can meet and you

understand the role of life insurance as part of your overall plan.

• You recognize the value of a product with guarantees and

cash values that you can access on a tax-advantaged basis for

supplemental retirement income.

• You want to assure your legacy to your family by providing an

income tax-free death benefit.

Whole life insurance offers guaranteed policy cash values and the potential for additional cash value funded with policy dividends. The policy cash values can provide a stable source of income that is not impacted by short-term market volatility.

12

Is this strategy right for you?

Whole Life Legacy10 PayBasic Life Insurance Illustration

Prepared for:Dr. Ava AlexanderFemale, Age 45

Presented by:Dr. Alexander's Financial ProfessionalMA

November 22, 2010

CRN: 201206-133333

Page 1 of 14

Whole Life Legacy 10 PayLife Insurance Illustration

Illustration Summary

Client InformationPrepared for:Underwriting Class:

Dr. Ava Alexander, Female, Age 45Select Preferred Non-Tobacco

All underwriting classes are subject to approval.

Policy InformationPolicy:Generic Policy Name:Policy Form Number:

Limited Payment Whole Life with Premiums Payable for 10 YearsWhole Life Policy

WL-CT-2007

Initial Coverage InformationBase Policy Face Amount (BPFA): $1,000,000.00

___________________

Total Initial Death Benefit: $1,000,000.00

Initial Premium InformationPremium Payment Mode:Annual Base Premium:Annual Waiver of Premium (WP) Premium:Accelerated Death Benefit Rider:Transfer of Insured Rider:

Annual$35,700.00

460.00No Premium ChargeNo Premium Charge

___________________

Total Initial Premium: $36,160.00

Initial Dividend OptionDividends used to purchase Paid-Up Additions. Dividends are not guaranteed and are subject to significantfluctuations over the lifetime of the policy. Changes in dividends will change all Non-Guaranteed valuesshown in this illustration.

Important InformationThis illustration assumes that the currently illustrated non-guaranteed elements will continue unchanged forall years shown. This is not likely to occur, and actual results may be more or less favorable than those shown.

Changing the premium payment mode may increase the overall cost of the policy. Please see Premium PaymentOptions in the Narrative Summary for more information.

As illustrated, this policy would not become a Modified Endowment Contract (MEC) under the InternalRevenue Code based on the assumptions in this illustration. Please see the IMPORTANT TAXINFORMATION section of the Narrative Summary for more information.

Policy ChangesYour Illustration may show Policy Changes such as face amount decreases, dividend option changes, the AlternatePayment Option (APO) strategy, loans, surrenders or changes to certain Rider premiums. Policy changes are notautomatic. You must submit a request to our Home Office.

Prepared on: November 22, 2010Version: MMD DT2010-11-1 (CT)Initial TAMRA (7-Pay) Limit: $42,425.58

Prepared for: Dr. Ava Alexander (Female, 45, Select Preferred Non-Tobacco)Presented by: Dr. Alexander's Financial Professional

Page 2 of 14


Narrative Summary

What This IllustrationShows

This illustration describes the important features of this MassMutual Whole Life Legacy10 Pay insurance policy and shows values over time on a guaranteed and non-guaranteedbasis. It is designed to help you understand how this policy works. It is not a projection ofhow it will perform.

The following pages provide a summary (and year-by-year figures) for required premiums,cash surrender values and death benefits, anticipated out-of-pocket premium payments,and other values for this policy. Many of the current values contained in thisillustration depend on non-guaranteed dividends.

What isWhole Life Legacy10 Pay?

Whole Life Legacy 10 Pay is a permanent life insurance policy providing a guaranteedface amount. Premiums are payable for 10 years. The duration of premiums for ridersvaries according to the terms of the rider. The policy provides for cash valueaccumulation and for the payment of dividends as may be determined by the Company.

IMPORTANTINFORMATIONABOUT DIVIDENDS

As a MassMutual participating policyholder, you are eligible to receive an equitableportion of the Company's earnings, known as "divisible surplus", in the form of policydividends. The surplus from which dividends are paid comes primarily from threesources:

1. Mortality Savings - The favorable margin between actual death claim experienceand the amount expected based on the mortality table used to determine the premium.

2. Investment Earnings - Earnings on Company investments that exceed theguaranteed interest required to build up death benefit reserves and meetcontractual obligations. The guaranteed interest rate for a particularpolicy or rider is set at issue and does not change over the life of thepolicy. The guaranteed interest rate is reflected in the policy'sguaranteed cash value increases.

3. Expenses - The difference between actual expenses incurred and the expensesassumed in determining the premium.

This illustration assumes that the dividend option is Paid-Up Additions for all yearsshown. The annual dividend, if any, is used to buy additional level paid-up life insurance."Paid-up" means that no further premiums are required on the additional life insurance.This insurance will be participating, as well. Paid-up additions may be surrendered fortheir cash value as long as they are not being used as collateral for policy debt.

Non-guaranteed values are based on the 2011 dividend scale. This illustration assumes apolicy with an adjustable policy loan interest rate provision. It is important tounderstand that the payment of dividends is not guaranteed; dividends are areflection of conditions that affect the Company and the cost of insurance. Dividendperformance may, and most likely will, change over time. For this reason we stronglyrecommend that you look at an illustration showing a lower dividend scale to see theimpact that this would have on policy values. This illustration is neither a projectionnor an estimate of future results. Transfer of policy ownership to a qualified pension orprofit sharing plan could result in different dividends.



Page 3 of 14


Narrative Summary

IMPORTANT TAXINFORMATION

As illustrated, this policy would not become a Modified Endowment Contract (MEC)under the Internal Revenue Code based on the assumptions in this illustration.

Changes to the policy could cause the policy to become a MEC or change the year thatthe policy is illustrated to become a MEC.

A Modified Endowment Contract (MEC) distinguishes between a policy purchasedprimarily for death protection and a policy purchased primarily for the tax advantagesafforded to life insurance cash values. Once a policy is classified as a MEC, it receivesless advantageous federal income tax treatment (see below). To determine if a contract isa MEC, a premium limit (the MEC limit) is established for the maximum amount ofpremium allowed during the first seven years, based upon rules set by the InternalRevenue Code. Under the MEC test, a MEC results if the cumulative amount paid at anytime in the first seven years exceeds the cumulative MEC limit applicable in that policyyear. Certain changes to the policy can subject the policy to MEC testing beyond the firstseven years or can cause premiums already paid to be re-tested.

Surrenders and distributions are subject to income tax to the extent they exceed thepolicy's cost basis. If the policy is a MEC, distributions and loans are taxable to the extentof gain and are subject to a 10% tax penalty.

Death benefit proceeds from this policy are generally excludable from the beneficiary'sgross income for income tax purposes (IRC Section 101(a)(1)). Policy loans on non-MECpolicies are not treated as distributions or subject to income tax when taken(IRC Section 72). However, if the policy is not held until death, taxes are generally due onsurrender or lapse and may in fact exceed the policy's Net Surrender Value if prior loansand surrenders were extensive.

The information provided above is not written or intended as specific tax advice andmay not be relied on for purposes of avoiding any federal tax penalty. Individualsare encouraged to seek advice from their own personal tax or legal counsel.

Additional Riders IllustratedAccelerated DeathBenefit Rider (ABR)

The Accelerated Death Benefit rider allows the policyowner to receive an advance ofpolicy death benefits when MassMutual receives satisfactory proof the insured has aterminal illness, expected to result in death within twelve months. The funds may be usedfor any purpose. This rider terminates upon acceleration. There is no cost for the additionof this rider however there is a fee if the rider is exercised.

Transfer of InsuredRider (TIR)

The Transfer of Insured Rider provides the policyholder with the right to transfer orexchange a new insured in place of the current insured under the policy, provided aninsurable interest exists between the owner and the substitute insured, the new insured isnot older than age 75 and evidence of insurability is provided. There is no annualpremium for this rider however there is a cost due if the rider is exercised.



Page 4 of 14


Narrative Summary

Waiver of PremiumRider (WP)

This rider provides for the waiving of policy premiums for certain periods and undercertain circumstances, if the insured becomes totally disabled, as defined in the rider priorto age 60 and remains disabled for at least six months. Temporary waiver benefits alsoare available for total disability beginning after age 59, but prior to age 65. Premiums arepayable to age 65 or the end of the premium paying period of the policy, if earlier.

The waiver of premium amount shown assumes no waiver of premium coverage underother individual policies in this Company. The availability of this rider is subject toCompany limits.

Interest Adjusted Cost(IAC) Comparison Index

Policy Year

Life Insurance Surrender Cost IndexLife Insurance Net Payment Cost Index

10$6.08

$33.70

20N/AN/A

The Interest Adjusted Cost Comparison Indices provide two means of comparing therelative cost of similar plans of insurance issued by the same company or by differentcompanies. A low index number represents a lower cost than a higher one. These indicesreflect the time value of money by applying a 5% interest factor to policy premiums,dividends, and for the surrender cost index, the 10 and 20 year cash values. The dividendsused in calculating these indices are based on the current year's scale and are neitherguarantees nor estimates of future dividends.

The indices do not consider: (1) the value of the services of an agent or company; (2) therelative strength and reputation of the Company and its actual dividend performance; or (3)differences in the policy provisions.

Additional InformationAbout This Illustration

The fully allocated expense method is used to allocate overhead expenses for allillustrations.

Annual Net Outlay is based on a tax bracket of 28%.

This illustration does not recognize the time value of money and should not be used tocompare policy costs. See IAC section of the Narrative Summary page for policy costinformation.

Column Heading DefinitionsAge End Year The age of the insured at the end of the policy year.

Annual DividendEnd Year

The total amount of annual dividend payable. These values are based on the illustrateddividend scale and are not guaranteed.

Annual Net OutlayBeg Year

This is the out-of-pocket cost, which is comprised of the contract premium adjusted forany dividends, paid-up additions surrendered, loans taken, loan repayments made ortaxes due.

Annual OutlayBeg Year

The annual outlay at the beginning of the policy year. This is the out-of-pocket cost,which is comprised of the contract premium adjusted for any dividends, paid-upadditions surrendered, loans taken and loan repayments made.



Page 5 of 14


Narrative Summary

Annual SurrenderBeg Year

The amount of dividends used and/or paid-up additions surrendered. These values arebased on the illustrated dividend scale and are not guaranteed.

Basic Policy Cash ValueEnd Year

The cash value of the base policy. This does not include cash value from Paid-UpAdditions (PUA) or any other policy riders.

Cash Value of AdditionsEnd Year

The total cash value at the end of the year of the paid-up additions purchased bydividends. These values are based on the illustrated dividend scale and are notguaranteed.

Contract PremiumBeg Year

The gross premium that is required to be paid under the policy for the benefits shown inthis illustration.

Guaranteed Cash ValueEnd Year

The cash value which is guaranteed under this policy.

Guaranteed Death BenefitEnd Year

The amount of death benefit which is guaranteed to be payable for this policy at death.

Net Cash ValueEnd Year

The cash value at the end of the policy year reduced by outstanding loans and loaninterest. These values are based on the illustrated dividend scale and are not guaranteed.

Net Death BenefitEnd Year

The death benefit of the policy at the end of the policy year reduced by outstanding loansand loan interest. These values are based on the illustrated dividend scale and are notguaranteed.

Paid-Up AdditionsEnd Year

The death benefit at the end of the year of additional paid-up insurance purchased withdividends. These values are based on the illustrated dividend scale and are notguaranteed.

Total Cash ValueEnd Year

The total cash value including all guaranteed and non-guaranteed values. These valuesare based on the illustrated dividend scale and are not guaranteed.

Total Cash Value of AdditionsEnd Year

The total cash value at the end of the year of the paid-up additions purchased bydividends. These values are based on the illustrated dividend scale and are notguaranteed.

Total Death BenefitEnd Year

This is the amount which would be payable if death occurred at the end of the policyyear. These values are based on the illustrated dividend scale and are not guaranteed.

Total Paid-Up AdditionsEnd Year

The death benefit at the end of the year of additional paid-up insurance purchased withdividends. These values are based on the illustrated dividend scale and are notguaranteed.

Total Paid-Up InsuranceEnd Year

The amount of fully paid-up insurance which could be purchased if the policy wereconverted to a fully paid-up policy. These values are based on the illustrated dividendscale and are not guaranteed.

Year The number of years the policy is assumed to have been in force.



Page 6 of 14


Narrative Summary

Key Terms Used in theIllustrationBeg Year The first day of the policy year. All premium payments and other outlays are assumed to

be made at the beginning of the year.

End Year The last day of the policy year. Dividends are assumed to be credited on this date. Allcash values are shown as of the end of the policy year.

Death Benefit The amount payable upon death of the insured.

Midpoint Assumptions Values are calculated assuming that the dividends are reduced by 50% and any policycharges included are an average between the current and guaranteed charges.

Attained Age Issue age plus policy duration years.

Premium Payment Options:You may pay premiums once a year (annually), twice a year (semiannually), four times a year (quarterly) ortwelve times a year (monthly). You may pay premiums twelve times a year (monthly) only by pre-authorizedelectronic transfer. If you pay annual premiums by installments, there will be an additional charge. The additionalcharge is shown in dollars and as annual percentage rates in the table below.

PremiumFrequency

PremiumPayment

(IncludingInstallmentPaymentCharge)

Number ofPayments Per

Year

TotalPremium Per

Year

AdditionalCharge

(In Dollars)

AdditionalCharge

(As the AnnualPercentage

Rate or APR)

Annual $36,160.00 1 $36,160.00 $0.00 -

Semiannual $18,503.07 2 $37,006.14 $846.14 9.6%

Quarterly $9,361.82 4 $37,447.28 $1,287.28 9.5%

Monthly $3,145.92 12 $37,751.04 $1,591.04 9.5%

Consider Additional CoverageIn some cases, the cost per unit of the Whole Life Legacy 10 Pay policy may be lower with a higher Base PolicyFace Amount. You should consult with your agent about whether applying for more coverage is appropriate.Additional underwriting requirements may apply to larger face amounts, and premiums may be higher.



Page 7 of 14


Policy: Limited Payment Whole Life with Premiums Payable for 10 YearsBase Policy Face Amount: $1,000,000Riders: ABR TIR WP

Annual Premium: $36,160.00

Numeric Summary and Signature Page

Dividend Option: Dividends used to purchase Paid-Up Additions. Dividends are not guaranteed and are subject tosignificant fluctuations over the lifetime of the policy. Changes in dividends will change all Non-Guaranteed valuesshown in this illustration.

To help you understand how changes in non-guaranteed dividends may affect your future policy values, this NumericSummary and Signature Page shows how your policy would perform based on each of the following dividend scenarios:

1) Guaranteed: The guaranteed policy values, i.e., zero dividends.

2) Non-Guaranteed Midpoint: 50% of the Company's currently illustrated dividend.

3) Non-Guaranteed Current: The Company's currently illustrated dividend.

Non-Guarant eed Values

Guaranteed Values Midpoint Assumptions Current Ass umptions

Total Total TotalContract Cash Death Cash Death Cash DeathPremium Value Benefit Value Benefit Value Benefit

Year 5 36,160 149,170 1,000,000 151,372 1,007,076 153,632 1,014,336Year 10 36,160 364,770 1,000,000 377,822 1,035,781 391,809 1,074,125Year 20 0 486,390 1,000,000 588,082 1,209,074 708,832 1,457,332Age 70 0 554,720 1,000,000 726,382 1,309,458 945,163 1,703,855

I have received a copy of this illustration and understand that any non-guaranteed elements illustrated are subject tosignificant fluctuations and could be either higher or lower. The agent has told me they are not guaranteed. I understand thatthis illustration is not a contract. I also understand that any policy changes reflected in this illustration are not automatic, butmust be submitted in writing to the Home Office. The terms of the policy constitute the actual agreement of coverage. Ifurther understand I have the right to request a hypothetical lower scale illustration to see the potential impact of a lowerdividend interest rate on my policy values. I have read and understand the IMPORTANT TAX INFORMATION section inthe Narrative Summary.

____________________________Applicant (At time of application)Owner (At time of delivery)

________________Date

I certify that this illustration has been presented to the applicant and that I have explained that any non-guaranteed elementsillustrated are subject to change. I have made no statements that are inconsistent with this illustration.

____________________________Agent

________________Date



Page 8 of 14




Tabular ValuesDividend Option: Dividends used to purchase Paid-Up Additions. Dividends are not guaranteed and are subject tosignificant fluctuations over the lifetime of the policy. Changes in dividends will change all Non-Guaranteed valuesshown in this illustration.

====Non-Guaranteed Values====

Year____

AgeEndYear____

ContractPremiumBeg Year

________

GuaranteedCash Value

End Year_________

GuaranteedDeath

BenefitEnd Year

__________

AnnualDividendEnd Year

________

CashValue of

AdditionsEnd Year

__________

TotalCash

ValueEnd Year

________

Paid-UpAdditionsEnd Year

__________

TotalDeath

BenefitEnd Year

__________

TotalPaid-Up

InsuranceEnd Year

________

1 46 36,160 13,520 1,000,000 0 0 13,520 0 1,000,000 49,6532 47 36,160 37,190 1,000,000 380 380 37,570 1,349 1,001,349 133,3833 48 36,160 73,200 1,000,000 820 1,213 74,413 4,165 1,004,165 255,4614 49 36,160 110,510 1,000,000 1,293 2,547 113,057 8,458 1,008,458 375,4305 50 36,160 149,170 1,000,000 1,829 4,462 153,632 14,336 1,014,336 493,644

6 51 36,160 189,230 1,000,000 2,532 7,142 196,372 22,213 1,022,213 610,7797 52 36,160 230,760 1,000,000 3,277 10,653 241,413 32,084 1,032,084 727,0818 53 36,160 273,800 1,000,000 4,097 15,094 288,894 44,039 1,044,039 842,8959 54 36,160 318,440 1,000,000 4,955 20,530 338,970 58,049 1,058,049 958,46210 55 36,160 364,770 1,000,000 5,864 27,039 391,809 74,125 1,074,125 1,074,125

11 56 0 376,080 1,000,000 12,215 40,092 416,172 106,606 1,106,60612 57 0 387,560 1,000,000 13,074 54,390 441,950 140,340 1,140,34013 58 0 399,220 1,000,000 13,996 70,022 469,242 175,398 1,175,39814 59 0 411,050 1,000,000 14,894 86,992 498,042 211,633 1,211,63315 60 0 423,080 1,000,000 15,874 105,412 528,492 249,153 1,249,153

16 61 0 435,320 1,000,000 16,912 125,373 560,693 288,002 1,288,00217 62 0 447,770 1,000,000 17,987 146,946 594,716 328,172 1,328,17218 63 0 460,430 1,000,000 19,163 170,264 630,694 369,793 1,369,79319 64 0 473,300 1,000,000 20,373 195,396 668,696 412,839 1,412,83920 65 0 486,390 1,000,000 21,641 222,442 708,832 457,332 1,457,332

21 66 0 499,680 1,000,000 22,970 251,490 751,170 503,301 1,503,30122 67 0 513,170 1,000,000 24,411 282,690 795,860 550,870 1,550,87023 68 0 526,850 1,000,000 25,939 316,165 843,015 600,104 1,600,10424 69 0 540,700 1,000,000 27,560 352,036 892,736 651,075 1,651,07525 70 0 554,720 1,000,000 29,279 390,443 945,163 703,855 1,703,855

26 71 0 568,870 1,000,000 31,089 431,491 1,000,361 758,505 1,758,50527 72 0 583,130 1,000,000 33,112 475,419 1,058,549 815,288 1,815,28828 73 0 597,450 1,000,000 35,228 522,321 1,119,771 874,251 1,874,25129 74 0 611,850 1,000,000 37,431 572,341 1,184,191 935,427 1,935,42730 75 0 626,280 1,000,000 39,718 625,557 1,251,837 998,846 1,998,846

Premiums

Coverage Face Amount Annually Semi-Annually Quarterly MonthlyBase Policy Insurance 1,000,000 35,700.00 18,267.69 9,242.73 3,105.90Waiver 1,000,000 460.00 235.38 119.09 40.02

Non-guaranteed values include dividends which are neither estimates nor guarantees, but are based on the 2011 dividend scale. The dividendscale is reviewed annually and it is likely that dividends in future years will be lower or higher depending on the Company's actualexperience. For this reason, we strongly recommend that you look at a hypothetical lower scale illustration available upon request.

Refer to the Narrative Summary for assumptions, explanations and additional information.



Page 9 of 14






Year____

AgeEndYear____


________


End Year_________

GuaranteedDeath

BenefitEnd Year

__________


________

CashValue of

AdditionsEnd Year

__________

TotalCash

ValueEnd Year

________


__________

TotalDeath

BenefitEnd Year

__________

TotalPaid-Up

InsuranceEnd Year

________

31 76 0 640,760 1,000,000 42,077 682,097 1,322,857 1,064,513 2,064,51332 77 0 655,260 1,000,000 44,203 741,735 1,396,995 1,131,971 2,131,97133 78 0 669,770 1,000,000 46,281 804,441 1,474,211 1,201,070 2,201,07034 79 0 684,280 1,000,000 48,348 870,217 1,554,497 1,271,726 2,271,72635 80 0 698,800 1,000,000 51,077 939,759 1,638,559 1,344,818 2,344,818

36 81 0 713,300 1,000,000 53,931 1,013,190 1,726,490 1,420,426 2,420,42637 82 0 727,470 1,000,000 57,699 1,091,016 1,818,486 1,499,740 2,499,74038 83 0 741,260 1,000,000 60,879 1,172,576 1,913,836 1,581,869 2,581,86939 84 0 754,800 1,000,000 63,886 1,257,881 2,012,681 1,666,510 2,666,51040 85 0 768,050 1,000,000 66,926 1,346,889 2,114,939 1,753,647 2,753,647

41 86 0 780,980 1,000,000 70,047 1,439,611 2,220,591 1,843,339 2,843,33942 87 0 793,920 1,000,000 72,724 1,536,188 2,330,108 1,934,940 2,934,94043 88 0 806,290 1,000,000 76,240 1,636,363 2,442,653 2,029,497 3,029,49744 89 0 818,150 1,000,000 79,621 1,740,054 2,558,204 2,126,815 3,126,81545 90 0 829,560 1,000,000 82,846 1,847,166 2,676,726 2,226,682 3,226,682

46 91 0 840,930 1,000,000 85,538 1,958,022 2,798,952 2,328,400 3,328,40047 92 0 853,460 1,000,000 86,831 2,074,027 2,927,487 2,430,140 3,430,14048 93 0 866,620 1,000,000 88,976 2,194,984 3,061,604 2,532,810 3,532,81049 94 0 880,090 1,000,000 91,613 2,320,714 3,200,804 2,636,905 3,636,90550 95 0 893,820 1,000,000 94,294 2,451,212 3,345,032 2,742,401 3,742,401

51 96 0 907,890 1,000,000 96,898 2,586,696 3,494,586 2,849,130 3,849,13052 97 0 923,400 1,000,000 99,066 2,729,953 3,653,353 2,956,414 3,956,41453 98 0 941,690 1,000,000 100,066 2,884,091 3,825,781 3,062,676 4,062,67654 99 0 966,410 1,000,000 97,971 3,057,772 4,024,182 3,164,053 4,164,05355 100 0 1,000,000 1,000,000 94,319 3,258,372 4,258,372 3,258,372 4,258,372

56 101 0 1,000,000 1,000,000 270,070 3,528,442 4,528,442 3,528,442 4,528,44257 102 0 1,000,000 1,000,000 287,003 3,815,445 4,815,445 3,815,445 4,815,44558 103 0 1,000,000 1,000,000 304,998 4,120,444 5,120,444 4,120,444 5,120,44459 104 0 1,000,000 1,000,000 324,122 4,444,566 5,444,566 4,444,566 5,444,56660 105 0 1,000,000 1,000,000 344,444 4,789,010 5,789,010 4,789,010 5,789,010

61 106 0 1,000,000 1,000,000 366,041 5,155,051 6,155,051 5,155,051 6,155,05162 107 0 1,000,000 1,000,000 388,992 5,544,043 6,544,043 5,544,043 6,544,04363 108 0 1,000,000 1,000,000 413,381 5,957,424 6,957,424 5,957,424 6,957,42464 109 0 1,000,000 1,000,000 439,300 6,396,725 7,396,725 6,396,725 7,396,72565 110 0 1,000,000 1,000,000 466,845 6,863,569 7,863,569 6,863,569 7,863,569





Page 10 of 14






Year____

AgeEndYear____


________


End Year_________

GuaranteedDeath

BenefitEnd Year

__________


________

CashValue of

AdditionsEnd Year

__________

TotalCash

ValueEnd Year

________


__________

TotalDeath

BenefitEnd Year

__________

TotalPaid-Up

InsuranceEnd Year

________

66 111 0 1,000,000 1,000,000 496,116 7,359,685 8,359,685 7,359,685 8,359,68567 112 0 1,000,000 1,000,000 527,222 7,886,907 8,886,907 7,886,907 8,886,90768 113 0 1,000,000 1,000,000 560,279 8,447,186 9,447,186 8,447,186 9,447,18669 114 0 1,000,000 1,000,000 595,409 9,042,595 10,042,595 9,042,595 10,042,59570 115 0 1,000,000 1,000,000 632,741 9,675,336 10,675,336 9,675,336 10,675,336

71 116 0 1,000,000 1,000,000 672,414 10,347,749 11,347,749 10,347,749 11,347,74972 117 0 1,000,000 1,000,000 714,574 11,062,323 12,062,323 11,062,323 12,062,32373 118 0 1,000,000 1,000,000 759,378 11,821,701 12,821,701 11,821,701 12,821,70174 119 0 1,000,000 1,000,000 806,991 12,628,691 13,628,691 12,628,691 13,628,69175 120 0 1,000,000 1,000,000 857,589 13,486,280 14,486,280 13,486,280 14,486,280

76 121 0 1,000,000 1,000,000 911,360 14,397,640 15,397,640 14,397,640 15,397,640





Page 11 of 14




Supplemental ValuesDividend Option: Dividends used to purchase Paid-Up Additions. Dividends are not guaranteed and are subject tosignificant fluctuations over the lifetime of the policy. Changes in dividends will change all Non-Guaranteed valuesshown in this illustration.


Year____

AgeEndYear____

AnnualOutlay

Beg Year________

AnnualSurrenderBeg Year

________

AnnualNet

OutlayBeg Year

________


________

BasicPolicy

CashValue

End Year_________

TotalCash

Value ofAdditionsEnd Year

_________

NetCash

ValueEnd Year

________

TotalPaid-Up

AdditionsEnd Year

________

NetDeath

BenefitEnd Year

_________

1 46 36,160 0 36,160 0 13,520 0 13,520 0 1,000,0002 47 36,160 0 36,160 380 37,190 380 37,570 1,349 1,001,3493 48 36,160 0 36,160 820 73,200 1,213 74,413 4,165 1,004,1654 49 36,160 0 36,160 1,293 110,510 2,547 113,057 8,458 1,008,4585 50 36,160 0 36,160 1,829 149,170 4,462 153,632 14,336 1,014,336

6 51 36,160 0 36,160 2,532 189,230 7,142 196,372 22,213 1,022,2137 52 36,160 0 36,160 3,277 230,760 10,653 241,413 32,084 1,032,0848 53 36,160 0 36,160 4,097 273,800 15,094 288,894 44,039 1,044,0399 54 36,160 0 36,160 4,955 318,440 20,530 338,970 58,049 1,058,049

10 55 36,160 0 36,160 5,864 364,770 27,039 391,809 74,125 1,074,125

11 56 0 0 0 12,215 376,080 40,092 416,172 106,606 1,106,60612 57 0 0 0 13,074 387,560 54,390 441,950 140,340 1,140,34013 58 0 0 0 13,996 399,220 70,022 469,242 175,398 1,175,39814 59 0 0 0 14,894 411,050 86,992 498,042 211,633 1,211,63315 60 0 0 0 15,874 423,080 105,412 528,492 249,153 1,249,153

16 61 0 0 0 16,912 435,320 125,373 560,693 288,002 1,288,00217 62 0 0 0 17,987 447,770 146,946 594,716 328,172 1,328,17218 63 0 0 0 19,163 460,430 170,264 630,694 369,793 1,369,79319 64 0 0 0 20,373 473,300 195,396 668,696 412,839 1,412,83920 65 0 0 0 21,641 486,390 222,442 708,832 457,332 1,457,332

21 66 0 0 0 22,970 499,680 251,490 751,170 503,301 1,503,30122 67 -100,000 100,000 -100,000 21,341 513,170 176,920 690,090 344,759 1,344,75923 68 -100,000 100,000 -100,000 19,600 526,850 98,570 625,420 187,094 1,187,09424 69 0 0 0 20,836 540,700 121,997 662,697 225,629 1,225,62925 70 0 0 0 22,144 554,720 147,305 702,025 265,548 1,265,548

Premiums

Coverage Face Amount Annually Semi-Annually Quarterly MonthlyBase Policy Insurance 1,000,000 35,700.00 18,267.69 9,242.73 3,105.90Waiver 1,000,000 460.00 235.38 119.09 40.02

These illustrated amounts are not guaranteed. They include dividends, which are neither estimates nor guarantees, but are based on the 2011dividend scale. The dividend scale is reviewed annually and it is likely that dividends in future years will be lower or higher depending onthe Company's actual experience. For this reason, we strongly recommend that you look at a hypothetical lower scale illustration availableupon request.

Refer to the Narrative Summary for assumptions, explanations and additional information. This illustration is not valid unless accompaniedby or preceded by a Basic Illustration dated 11/22/2010. Refer to the Basic Illustration for guaranteed elements and other importantinformation.



Page 12 of 14






Year____

AgeEndYear____

AnnualOutlay

Beg Year________


________

AnnualNet

OutlayBeg Year

________


________

BasicPolicy

CashValue

End Year_________

TotalCash


_________

NetCash

ValueEnd Year

________

TotalPaid-Up

AdditionsEnd Year

________

NetDeath

BenefitEnd Year

_________

26 71 -100,000 100,000 -100,000 20,412 568,870 68,923 637,793 121,158 1,121,15827 72 0 0 0 21,741 583,130 92,392 675,522 158,442 1,158,44228 73 0 0 0 23,129 597,450 117,790 715,240 197,154 1,197,15429 74 0 0 0 24,566 611,850 145,195 757,045 237,304 1,237,30430 75 -49,000 49,000 -49,000 24,504 626,280 122,967 749,247 196,345 1,196,345

31 76 0 0 0 25,955 640,760 151,765 792,525 236,851 1,236,85132 77 0 0 0 27,360 655,260 182,559 837,819 278,605 1,278,60533 78 0 0 0 28,753 669,770 215,354 885,124 321,534 1,321,53434 79 0 0 0 30,159 684,280 250,179 934,459 365,609 1,365,60935 80 0 0 0 31,813 698,800 287,300 986,100 411,134 1,411,134

36 81 0 0 0 33,539 713,300 326,801 1,040,101 458,153 1,458,15337 82 0 0 0 35,798 727,470 369,090 1,096,560 507,362 1,507,36238 83 0 0 0 37,886 741,260 413,973 1,155,233 558,471 1,558,47139 84 0 0 0 39,867 754,800 461,402 1,216,202 611,290 1,611,29040 85 0 0 0 41,886 768,050 511,387 1,279,437 665,825 1,665,825

41 86 0 0 0 43,983 780,980 563,979 1,344,959 722,143 1,722,14342 87 0 0 0 45,770 793,920 619,094 1,413,014 779,794 1,779,79443 88 0 0 0 48,193 806,290 676,934 1,483,224 839,566 1,839,56644 89 0 0 0 50,551 818,150 737,441 1,555,591 901,352 1,901,35245 90 0 0 0 52,834 829,560 800,560 1,630,120 965,042 1,965,042

46 91 0 0 0 54,716 840,930 866,249 1,707,179 1,030,108 2,030,10847 92 0 0 0 55,516 853,460 934,672 1,788,132 1,095,156 2,095,15648 93 0 0 0 56,990 866,620 1,006,074 1,872,694 1,160,917 2,160,91749 94 0 0 0 58,879 880,090 1,080,591 1,960,681 1,227,819 2,227,81950 95 0 0 0 60,856 893,820 1,158,305 2,052,125 1,295,904 2,295,904

51 96 0 0 0 62,804 907,890 1,239,343 2,147,233 1,365,081 2,365,08152 97 0 0 0 64,206 923,400 1,324,721 2,248,121 1,434,613 2,434,61353 98 0 0 0 64,669 941,690 1,415,629 2,357,319 1,503,286 2,503,28654 99 0 0 0 62,605 966,410 1,515,395 2,481,805 1,568,067 2,568,06755 100 0 0 0 59,303 1,000,000 1,627,370 2,627,370 1,627,370 2,627,370





Page 13 of 14






Year____

AgeEndYear____

AnnualOutlay

Beg Year________


________

AnnualNet

OutlayBeg Year

________


________

BasicPolicy

CashValue

End Year_________

TotalCash


_________

NetCash

ValueEnd Year

________

TotalPaid-Up

AdditionsEnd Year

________

NetDeath

BenefitEnd Year

_________

56 101 0 0 0 167,806 1,000,000 1,795,176 2,795,176 1,795,176 2,795,17657 102 0 0 0 178,328 1,000,000 1,973,504 2,973,504 1,973,504 2,973,50458 103 0 0 0 189,509 1,000,000 2,163,012 3,163,012 2,163,012 3,163,01259 104 0 0 0 201,391 1,000,000 2,364,403 3,364,403 2,364,403 3,364,40360 105 0 0 0 214,018 1,000,000 2,578,421 3,578,421 2,578,421 3,578,421

61 106 0 0 0 227,437 1,000,000 2,805,858 3,805,858 2,805,858 3,805,85862 107 0 0 0 241,697 1,000,000 3,047,556 4,047,556 3,047,556 4,047,55663 108 0 0 0 256,852 1,000,000 3,304,407 4,304,407 3,304,407 4,304,40764 109 0 0 0 272,956 1,000,000 3,577,364 4,577,364 3,577,364 4,577,36465 110 0 0 0 290,071 1,000,000 3,867,434 4,867,434 3,867,434 4,867,434

66 111 0 0 0 308,258 1,000,000 4,175,692 5,175,692 4,175,692 5,175,69267 112 0 0 0 327,586 1,000,000 4,503,278 5,503,278 4,503,278 5,503,27868 113 0 0 0 348,126 1,000,000 4,851,404 5,851,404 4,851,404 5,851,40469 114 0 0 0 369,953 1,000,000 5,221,357 6,221,357 5,221,357 6,221,35770 115 0 0 0 393,149 1,000,000 5,614,506 6,614,506 5,614,506 6,614,506

71 116 0 0 0 417,800 1,000,000 6,032,306 7,032,306 6,032,306 7,032,30672 117 0 0 0 443,996 1,000,000 6,476,301 7,476,301 6,476,301 7,476,30173 118 0 0 0 471,834 1,000,000 6,948,135 7,948,135 6,948,135 7,948,13574 119 0 0 0 501,418 1,000,000 7,449,553 8,449,553 7,449,553 8,449,55375 120 0 0 0 532,857 1,000,000 7,982,410 8,982,410 7,982,410 8,982,410

76 121 0 0 0 566,267 1,000,000 8,548,677 9,548,677 8,548,677 9,548,677





Page 14 of 14

Whole Life Legacy 10 Pay (WL-2007 and WL-NC-2007) is a level-premium, participating, permanent life insurance policy issued by Massachusetts Mutual Life Insurance Company, Springfield, MA 01111-0001.

Vantage Term Life Insurance Policies (Policy Form TL-2009 and ICC09TL in certain states, including North Carolina) are participating, annually renewable term life insurance issued by Massachusetts Mutual Life Insurance Company, Springfield, MA 01111-0001. Dividends are not expected to be paid.

© 2010 Massachusetts Mutual Life Insurance Company, Springfield, MA. All rights reserved. www.massmutual.com. MassMutual Financial Group is a marketing name for Massachusetts Mutual Life Insurance Company (MassMutual) and its affiliated companies and sales representatives.

CRN201111-142067

MassMutual. We’ll help you get there.®

There are many reasons to choose a life insurance company to help meet your financial needs: protection for your family or business, products to provide supplemental income and the confidence of knowing you will be prepared for the future.

At Massachusetts Mutual Life Insurance Company (MassMutual), we are owned by our members and participating policy owners. We stand strong in the fundamental belief that every secure future begins with a good decision. And when choosing a life insurance company, ownership,

strength and stability matter.

Learn more at www.massmutual.com/mutuality

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