E

PL
"Bank" on the Living Benefits of Whole Life

Client Analysis for: Sample Client

M
SA

Prepared By: Sample Agent

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SUPPLEMENTAL LIFE INSURANCE ILLUSTRATION. NOT VALID WITHOUT A COMPLETE BASIC ILLUSTRATION FOR EACH PRODUCT SHOWN.
"Bank" on the Living Benefits of Whole Life | Ref No: 71258 |  Scenario: Current  |  July 27, 2010

Your Profile Information

� Age: 36

� Gender: Male

� Insurance Coverage Amount: $250,000

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� Expected Underwriting Class: Preferred

�
Retirement Age:

Tax Bracket:
PL 67

28%
M
Life Event Loan #1 Loan #2 Loan #3
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Purpose Car Wedding College

Policy Year 8 15 22

Amount $5,000 $8,000 $10,000

Repayment Period 4 5 8

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"Bank" on the Living Benefits of Whole Life | Ref No: 71258 |  Scenario: Current  |  July 27, 2010

Which of Your Financial Products...

� Provide guaranteed, permanent protection for your family?

� Create an estate instantly with an income tax-free death benefit?

� Offer guaranteed growth, and a guaranteed minimum value?1

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� Provide tax-deferred growth?

� Pay you income tax-free dividends?2

�
PL
Allow you access to capital when needed?3

Provide tax-free access to your money in retirement?3,4

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� Will continue to be funded by the issuing company if you become disabled?

� Provide you with protection and control over your financial situation?
SA

1
All guarantees are based on the claims paying ability of the issuer.
2
Dividends are not guaranteed.
3
Via policy loans which will accrue interest and reduce death benefit and cash value. Excess loans can cause a policy to lapse.
4
May be taxable if the policy is a Modified Endowment Contract (MEC).

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"Bank" on the Living Benefits of Whole Life | Ref No: 71258 |  Scenario: Current  |  July 27, 2010

Why Cash Value Whole Life?

Whole life provides a lifetime of protection and value

Guaranteed

E
Death
Income Benefit1
Tax-Free Premium
Death guaranteed

Tax-Free
Access to
Benefit

PL Whole
never to
increase

Guaranteed
Cash Value
Cash
Life
M
Growth
Values
SA

Additional
Protected
Growth
from
Through
Creditors3
Dividends2
Tax-
Tax
Deferred
Cash Value
Growth

1
All guarantees are based on the claims paying ability of the issuer.
2
Dividends are not guaranteed.
3
Varies by state.

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"Bank" on Whole Life

Over time, your premiums and policy dividends will increase your death benefit and cash value. You
can "bank" on whole life by accessing the accumulated cash value for emergencies, opportunities, or
retirement income.

Cash Value & Death Benefit Growth1

Supplemental Life Insurance Illustration

E
$500,000

$418,528

$400,000
PL $327,468
$366,041
Whole Life Policy Values

$286,229
$300,000

$214,252
M
$200,000
$138,812

$77,802
$100,000
$29,470
SA

$0
1 8 16 24 31
Policy Year
Cash Value Death Benefit

1
All values shown are non-guaranteed and based on a Male, age 36 , $250,000 Face Amount, Preferred underwriting risk class. Other rate classes are
available. Applications for life insurance are subject to underwriting. Yearly premium of $4,113 includes $3,113 base premium to age 100 and $1,000
billable Option to Purchase Paid-up Additions (OPP) to age 51 (15 years). This is a supplemental illustration. Please refer to the attached basic illustration
for guaranteed elements and other important information. These elements are subject to change by the insurer and actual results may be more or less
favorable.

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Access Your Cash Value with Policy Loans

Use the loan option on your cash value whole life policy as a
flexible source of funds 1

E
PL �

�
As your emergency cash fund
To buy a car
To help cover a shortfall in college tuition
As a down payment on a home
M
Use Your Cash Value: � To finance emergency home repairs
� To pay down credit card debt
� To start a small business
SA

� To help pay for a wedding

� For any other financial need that might come
your way

1
The cash value in a life insurance policy is accessed through policy loans. Loans accrue interest at the current rate. Loans will decrease the total death
benefit and total cash value. Loans can also cause a policy to lapse and may have potential tax consequences.

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Policy Loan Advantages: Bank Loan vs. Policy Loan

Bank Loan Policy Loan

E
Approval Process No Approval Process
Possible denial Cannot be turned down
Loan amount limited by bank
determination

Need credit/affects credit

Interest rate based on credit rating

PL Loan amount limited to cash value

No credit check/won't show up on credit

report
Competitive interest rate regardless of
credit rating
Estate must settle debt upon passing No outstanding debt left at death
M
Some charge pre-payment fees No pre-payment fees
Must be paid back in specific time frame No fixed payment plan
SA

Best of all, you can have your money in a matter of days with just a simple
phone call or internet request. The only questions you will be asked are
how much and where to send the check!

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Cash Value Lets You Plan for the Unplanned

With the repayment of each loan, your cash value and death benefit will be fully restored and allow
you to access cash values for future events, if needed.1

Supplemental Life Insurance Illustration. 3

Loan 1 Loan 2 Loan 3
. Car . Wedding . College
. Year 8, $5,000 . Year 15, $8,000 . Year 22, $10,000
. Payback in 4 years . Payback in 5 years . Payback in 8 years
. Net Cash Value . Net Cash Value . Net Cash Value

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$24,470 $63,689 $111,323
. Net Death Benefit2 . Net Death Benefit2 . Net Death Benefit2
$281,229 $316,043 $344,342

$300,000

$250,000

$200,000
PL
Net Cash Values

M
$150,000

$100,000
Retirement
$214,252 that can be used to
SA

enhance retirement income.

$50,000

$0
1 8 15 22 31
Policy Year

Chart demonstrates the impact of outstanding loans on the cash value available for additional loans.
Gross cash value and gross death benefit will continue to increase despite outstanding loans.

1
If you do not repay a loan, the cash value and death benefit of your policy will be reduced. Excess loans can terminate a policy.
2
Net Death Benefit shown is amount remaining immediately after loan is taken. Repayment will return value to amounts illustrated without loans taken.
3
This is a supplemental illustration. Please refer to the attached basic illustration for guaranteed elements and other important information. These
elements are subject to change by the insurer and actual results may be more or less favorable.

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Policy Loans Can Lower Your Cost of Financing

Cost Comparison between Policy Loan and Alternative Financing1

Interest Cost Over Percent
Loan Event Interest Rate Repayment Period Savings

E
Alternative Cost of Policy Cost of
Policy Loan2 Financing -
Loan Alternate Loan
Source

Car

Wedding

College
5.63%

5.63%

5.63%
PL 6.37%

12.33%

6.80%
$596

$1,197

$2,444
$677

$2,758

$2,993
12%

57%

18%
M
SA

Total cost savings of financing these loans with cash value

from your Whole Life policy

= $2,191

1
The average Auto Loan interest rate was 6.37% on 6/23/10 per Bankrate.com.
The average Personal Loan interest rate was 12.33% on 6/23/10 per Bankrate.com.
The average Stafford Loan interest rate was 6.80% on 6/23/10 per Bankrate.com.
Source is believed to be reliable as an accurate and current average loan rate being charged by banks, but there is no guarantee to its accuracy.
2
The Variable Loan interest (VLIR) rate is directly linked to Moody's Corporate Bond Yield Averages index. The VLIR is reviewed quarterly and, therefore,
subject to change four times per year.

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Paying Back Policy Loans Restores Policy Values

While there is no obligation to pay back your policy loan, doing so is a good idea. Let's
take a look at your proposed loan in Year 8 and the effect it would have on the policy 4
years later.

In Policy Year 12

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Supplemental Life Insurance Illustration. 2
Death Benefit Cash Value
$75,000
$400,000 $70,000

$350,000

$300,000

$250,000
$306,873 PL $298,912
$65,000
$60,000
$55,000
$50,000
$45,000
$40,000
$52,423

$43,481

$200,000 $35,000
M
$30,000
$150,000
$25,000
$20,000
$100,000
$15,000
$10,000
SA

$50,000
$5,000
$0 $0
Repay Don't Repay1 Repay Don't Repay1

If paid back, policy loans have zero impact on cash surrender

value and death benefit!

1
If a loan is not paid, it can reduce cash value and death benefit and an excess loan can even terminate a policy.
2
This is a supplemental illustration. Please refer to the attached basic illustration for guaranteed elements and other important information. These
elements are subject to change by the insurer and actual results may be more or less favorable.

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Cash Value Can Help in Retirement Too

Whole life insurance also provides you with tax-deferred accumulation of cash value -
and, if structured properly, it can be a source of tax-free supplemental income in
retirement.

Year 31 - Retirement

E
Supplemental Life Insurance Illustration. 1

Value Expected Amount

Cash Value
PL
Death Benefit $418,528

$214,252

Cash Value
M
Taxable Equivalent $297,572
@ 28% tax bracket
SA

At your anticipated retirement age of 67, the projected cash value in your
policy is $214,252 - this is equal to $297,572 if it were subject to taxes!

1
This is a supplemental illustration. Please refer to the attached basic illustration for guaranteed elements and other important information. These
elements are subject to change by the insurer and actual results may be more or less favorable.

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Enhancing the Value of Your Whole Life Policy

� Get additional insurance coverage and grow cash value faster

__ With the Option to Purchase Paid-up Additions (OPP) rider you can pay

additional money into your policy to increase your benefits. The more you fund
it, the faster it grows!

E
� Get extra protection to ensure your policy remains in force

PL
__ If you become totally disabled, the Disability Waiver of Premium rider can

ensure your policy remains in force, and that your cash value continues to
accumulate.
M
SA

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"Bank" on Whole Life

� Cash value whole life insurance offers:

__ Permanent protection

__ Safe, guaranteed growth1

E
__ Access to cash value2

__ Tax advantages

PL
M
SA

This is a supplemental illustration. Please refer to the attached basic illustration for guaranteed
elements and other important information. These elements are subject to change by the insurer and
actual results may be more or less favorable.

The Whole Life policy form # is #208-50. In Oregon, the Whole Life policy form # is #208-50.27.The
Option to Purchase Paid-up Additions (OPP) rider form is #208-330. In Oregon, the Option to Purchase
Paid-up Additions (OPP) rider form is also #208-330. The Disability Waiver of Premium rider form is
#208-225. In Oregon, the Disability Waiver of Premium rider form is also #208-225. State variations
may exist.

1
All guarantees are based on the claims paying ability of the issuer.
2
Via policy loans which will accrue interest and reduce cash value and death benefit.

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Why New York Life Is The Company You Keep ®

� Founded in 1845, New York Life Insurance Company has remained a mutual company
serving only our policyholders

� Received the highest possible ratings from major ratings agencies1

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�
PL
Named by Fortune magazine the "Most Admired Life Insurance Company" in Life and
Health Insurance industry2
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� Named #1 in Customer Loyalty in the insurance industry3
SA

1
Source: New York Life ratings for financial strength: AAA from Standards & Poor's, A++ from A.M. Best, AAA from Fitch and Aaa from Moody's as of
(5/24/10).
2
Source: "The World's Most Admired Companies" survey (Life and Health Insurance), Fortune, March 22, 2010, p. 121.
3
Source: 2010 Customer Loyalty Engagement First Place Winner, Brandweek Customer Loyalty Awards, www.brandkeys.com/awards/

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