~

t

8

8

9

9

9

9

10

10

10

10

10

Riders. Disability Waiver. Waiver on Death or Disability

of the Applicant (WDDA). Children's Coverage. Term 10 R&C &

Term20R&C Accidental Death. Dismemberment. Plan Setup & Policy

Administration

Issue Ages. Rate Bands. Coverage Limits Premium Payments. Payment Frequency .

DepositAccount Working Capital & Cash Values. .

Tax-Exempt Status.

11

Charges to the Plan 11

PremiumTax 11

PremiumLoads 12

Mortality Charge. 11

$10.00 Monthly Policy Charge. ..11

RiderPremiums 12

$30 Investment Transfer Fee. ...12

Partial Withdrawal Fee. 12

Market Value Adjustment. 12

Plan Changes. 13

Term Conversions. 13

Smoker to Non-Smoker. 13

Change in Death

BenefitOptions 13

Face Amount Changes. 13

Substitute Life 13

Rules for Plan Changes to

Intrepid II. 13

Allowable Plans 13

Additional Benefits

andRiders 14

Coverage Restrictions. 14

Coverage Increases. 14

SpecificRules 14

Compliance Initiatives. 14

Compliance Checklist. 14

Signed Illustrations. 14

CompensationPremium Based

Compensation 14

Asset Based Compensation. 14

Chargeback 15

DepositAccount 15

jumboCases 15

Marketing Material. 15

Appendix 1 -Intrepid II Rates. 16

Appendix 2 -Term 10 Renewable

and Convertible Riders. 17

Appendix 3 -Term 20 Renewable

and Convertible Riders. 18

Appendix 4 -Waiver of Premium on Death

or Disability of Applicant. 1911

Overview l

Investment Opportunities. .2

Genera/Account 2

Fixed Interest Options. 2

Investment Guarantees. 3

Investment Bonus 4

CapitaIBonus 4

Protection

Death Benefit Options. 5

CoverageP/us 5

Leve/ 5

Indexed Coverage. 5

CostRecovery 6

Disability Payment Benefit. 6

RiskClasses 7

Sing/eLife ?

JointLife ?

Contingent Life ?

Mu/tiLife ?

8

8

option which is linked to the underlying

investment options chosen by yourclient, Intrepid II provides you with theflexibility to custom-design the capitalbonus opportunities provided within

your clients' policy.

Intrepid II -Insurance Protection WithUnique Investment OpportunitiesIntrepid II is a universal life policy whichprovides a powerful combination of life

insurance protection and tax-advantagedinvestment opportunities. With flexibledeath benefits and a full range of invest-ment choices, Maritime Life's Intrepid II

can be customized to suit any individual's

long-term financial goals and is easily

modified to meet changing needs.

Accessible Cash ValuesYour clients can withdraw a portion oftheir cash values built up within the policyat any time. Convenient withdrawal and

loan methods are available.

Creditor ProtectionProvided a family class or irrevocable ben-eficiary is named, Maritime Life's

Intrepid II policies may provide yourclients with a level of creditor protection.

Investment OpportunitiesChoose from fIXed interest options to

equity options which link your policy'scredited return to markets around the

world -the choice is yours. Death & Disability BenefitsWhether you are using it as a way to pro-tect your clients' beneficiaries with sur-vivor income benefits, as a means to offsetdebt obligations or for its powerful estate

planning and business continuation strate-gies, Intrepid II provides a flexible array of

benefit options.

.Tax-advantaged Growth: Investment

income earned within an exemptIntrepid II policy will grow tax-shelteredmaximizing the net worth of the capital

invested.

Guaranreed Invesrment Expense

Reductions provided through competi-tive Investment Bonuses: Starting in the

6th policy year, Intrepid II providesinvestment bonuses which are guaran-teed to reduce the policy's investmentexpenses and enhance long-term returns.

.Tax-free insurance benefits: The insur-ance proceeds of an exempt Intrepid IIpolicy are paid tax-free to your clients'beneficiaries. Choose from the Coverage

Plus, Level, Indexed or Cost Recovery

options..Unique Capital Bonus Opportunities:

Intrepid II provides your clients with a

number of unique opportunities to sig-nificantly reduce the cost of insuranceand maximize long-term cash valuegrowth. Starting in the 3rd policy year, abonus is paid on the capital invested in

an Intrepid II policy. With a choicebetWeen a bonus which is linked toyields on long-term bonds and a variable

.MultiLife option: Intrepid II provides

you with an opportunity to insure up tosix different individuals under one policywhich can be especially useful in the

business market to fund buy/sell agree-ments and in the family market whendifferent levels of coverage are needed for

different family members.

;j

r

.Japanese Equity Option: Provides areturn which is linked to the growth ofthe Japanese stock market as measured

by the Nikkei 225.

Disability Payment Benefit: In the eventof the life insured's disability, Intrepid II

provides the opportunity for a tax-freepayment to the policyowner up to the

total cash value..International Equity Options: Provides a

return which is linked to the perfor-mance of stock markets in Europe and

Asia.

.Disability Waiver: Intrepid II provides

the option to purchase a DisabilityWaiver Benefit which ensures yourclients' policies are continuously funded

to a certain level..Canadian Bond Option: Provides a

return which is linked to the perfor-mance of the Scotia Capital Markets

Universe Index.

.Managed Option: Provides a returnwhich is linked to a combination of theIncome and TSE300 options with a mix

determined by Maritime Life.

Investment

OpportunitiesIntrepid II provides a wide range of invest-ment options providing you with the flex-ibility to customize the policy to meet

your clients' long-term financial goals.You may choose any combination of the

above options.

Changes can be made to the investment

mix at any time without charge.

.

General AccountAll premiums paid are deposited to the

General Account.Axed Interest Options (F.I.O.s)In addition to the General Account invest-ments, Intrepid II has the following fixed

interest options:

The General Account provides the oppor-tunity to link the policy's total investmentreturn to the Income Option or a variety

of index-linked options..T-Bill Account.3 Year F.I.O..5 Year F.I.O..10 Year F.I.O.

.Income Option: Return is linked to 5year average interest rates and is guaran-teed to be no less than 2.5%.

Funds may be transferred from theGeneral Account to one or more of theF.I.O.'s. Amounts of $500 or more can betransferred to the 3, 5 and 10 Year Fixed

Interest Options (F.I.O.s) to lock-in highinterest rates. Interest is tax-sheltered andcredited to the General Account.

.TSE300 Option: Provides a returnwhich is linked to the growth of the

Canadian stock market as measured by

the TSE300.

.S&P500 Option: Reflects the growth ofthe U.S. stock market by providing a

return which is linked to the S&P500

Index.

Maturing funds will be reinvested in thecurrent option unless instructed otherwise.

An amount equal to 12 months' chargesmust remain in the General Accountand/or T-Bill Account when investing or

reinvesting in the F.I.O.s.

3 Year F.I.O.

5 Year F.I.O.

./,

I10 Year F.I.O.

9°% 1-3 yearGovernment bondsless 0.9°%

9°% 3-5 yearGovernment bondsless 0.9°%

9°% 5-10 yearGovernment bondsless 0.9°%

...,.--(t-~--r

The guaranteed minimum returns arereduced by an amount based on theInvestment Income Tax (lIT), a charge

levied by the Federal Government againstinsurers on the funds in insurance policies.The deduction for lIT is based on currenttax legislation. Maritime Life guaranteesthis deduction will never exceed 12.5% ofthe credited Income Option rate (includ-ing the Investment Bonus described belowwhere applicable). Regardless of the above,the minimum guaranteed interest rates are

as follows:

Income Option5 Year F.I.O.10 Year F.I.G.

2.50%2.50%3.50%

These investment guarantees are increased

by the Investment Bonus.

* For aU non-Canadian equity options. the minimum guarantee is adj/tSted (up or down) to reflect currency and

short term interest rate jluct/lations between the foreign country and Canada.

,?,

,~C) For the Managed Option, the

Investment Bonus is split so that 50%would be treated as A., above, for theIncome Option and 50% as B., above,for the TSE 300 Option.

Investment Bonus

Starting in the 6th policy year, Intrepid II

provides investment bonuses which areguaranteed to reduce investment expensesand enhance long-term returns associatedwith the policy. The bonus is credited

every year regardless of whether or not pre-miums are paid. The Investment Bonus

increases the credited rate which, in turn,is applicable to the accumulating fund ofthe policy.

Capital BonusA major feature of Intrepid II is its unique

Capital Bonus. Credited annually begin-ning in the third policy year, Intrepid II's

Capital Bonus provides the potential to

significantly reduce the cost of insuranceand maximize long-term cash value

growth. The Capital Bonus is independentof the amount of accumulated cash valueand does not require premiums to have

been paid according to a specific fundingcriteria.

A) For the T-Bill Account, 3, 5 and 10

year F.I.O., and the Income Option:

The Investment Bonus is available

beginning in the 6th policy yearonwards and is the lesser of:

.0%, and

The Capital Bonus can be linked to a fixed

option, to the return generated by theGeneral Account investments or a combi-nation of the two.

.15% of the Income Option rate.

(. For example, if the average Income

Option rate credited was 6.0%, theInvestment Bonus would be 0.9%.

This bonus applies to the EI.O.s on thereinvestment (or investment) immedi-

ately following the 5th policy anniver-

sary.

A. Fixed Option

Selecting the Fixed option allows policy-holders to benefit when the cr9dited fixedoption rate exceeds 3.5%. This CapitalBonus provided under this option is guar-anteed to not fall below $0. If a LevelDeath Benefit option is chosen, the

Capital Bonus provided under the fixedoption, in any year, will not exceed thelevel cost of insurance.

B) For all indexed-linked options, includ-

ing the TSE 300 Option, S&P 500

Option, International Equity Option,

Japanese Equity Option, and theCanadian Bond Option:

It is calculated as follows:The Investment Bonus is 1.0% from

policy year 6 to year 15. From policyyear 16 onwards, the bonus is enhancedby an additional 0.50% for a total of

1.50%.

Bonus: (i* -3.5%) X Bonus Factor

i is a portfolio averagt' "turn calculatt'd using ratt's gttar-

antt't'd nt'Vt'r to bt' kss than 90% of Govt'rnmt'1/t of

Canada Bond Yit'lds. on an t'jf~ctivt' annualiud basis.

/vim durations to maturity of 10-15 y"ars. kss 1% kss

lIT

the time of change a Market ValueAdjustment may apply as defined in the

contract.

The Bonus Factot in the above formula isincluded in the contract and reflects the

policy reserve for the level mortality

charge.

Maritime Life reserves the right to limit

the Capital Bonus under the fixed option

to 5.5% X Bonus Factor.

Death Benefit Options I

Intrepid II offers the following death bent

eftt options to suit most estate plannin~

needs: i

B. Variable OptionSelecting the variable option allows policy-holders to benefit when the credited rateof the General Account investments

exceeds 4.5%. The Capital Bonus provid-ed under the variable option can be posi-

tive or negative.

Coverage Pius lThe initial coverage and Working Capita~are returned at the time of death. This covterage option is particularly suited to situattions where future withdrawals areplanned. or in corporate policies where thfaccount value will be kept on the balancf

sheet. !

It is calculated as follows;

Bonus = (Credired Rare of GeneralAccount* -4.5%) X Bonus Facror

* The 52 week credited return earned by

the General Account including any invest-

ment bonuses.Level i

Under chis option the death benefilrremains level. As the cash value builds, thelevel mortality charge will exceed what is

required for the decreasing risk. A~amount will thus be credited back to thf

policy's cash value each year. I

The Bonus Factor in the above formula is

included in the contract and reflects the

policy reserve for the level mortality

charge.

C. Capital MixAlternatively, policyholders can choose to

link their Capital Bonus to a combinationof the Fixed and Variable options. The rateused to calculate the Capital Bonus is as

described above using the proportion youhave selected for each option (e.g. 80%

Fixed and 20% Variable).

Indexed Coverage I

The death benefit increases annuallraccording to the rate of change in t1Consumer Price Index (CPI). This pro

tects the coverage from inAatio.Alternatively, a rate of annual increase may

be specified (up to 10%) to provide for

increasing needs. Coverage a~justmentsare made at the beginning of each policyyear. The maximum insurance amounltunder this option is limited to three tim~the initial amount of insurance. Increases(decreases) in the net amount at risk willresult in a mortality charge (credir) based

The Capital Mix is elected at issue and isindicated on the Benefit Information page.The Capiral Mix can be altered at any time

with changes taking effect immediatelyfollowing the next policy anniversary.Depending on the level of interest rates at

Intrepid II Marketing Guide(5

on a YRT mortality factor. Underwriting

requirements for the indexed coverage

option will be based on twice the initialcoverage amount.

"Occupationally Disabled" means:

.the life insured is unable, due to sicknessor injury, to perform the substantial

duties of his or her regular occupation,and is not engaged in that occupation or

another gainful occupation!; or,Cost RecoveryUnder the Cost Recovery option, all costsincurred in obtaining the insurance cover-age are returned to the beneficiary as anadditional death benefit. At any point, the

coverage amount will never be less thanthe original face amount plus all premiumsaccumulated after-tax at the chosen inter-est rate (less any withdrawals). Effectively,at death the coverage becomes free!

.the life insured is employeq in his or her

regular occupation or anbther gainfuloccupation, and as a result bf sickness orinjury, the life insured's cu~rent monthlyincome is 25% or less of t~e prior aver-

age monthly earned inc°n1e at the startof the occupational disabili~; or,

.the life insured is employed in his or her

regular occupation, and $ a result ofsickness or injury, is unablF to performone or more substantial duties of that

occupatIon; or,

The interest rate selected for the cost

recovery portion of the total death benefitis compared at issue to the current 5 yearGIC rates. At each policy anniversary, thisinterest rate may vary in accordance withthe 5 year GIC rates. .the life insured is employed in his or her

I

regular occupation, and a;!i a result ofsickness or injury, is unablb to performthat occupation for at least! one-half theamount. of time usually s~ent at that

occupatIon.

Cost Recovery cannot be combined withany other death benefit option.

Disability Payment BenefitAt anytime the life insured becomes dis-abled, subject to a 30 day waiting period,the Cash Value of this policy, or a portionthereof, may be paid to the policyowner.This benefit may be exercised as a lumpsum withdrawal, once per occurrence of

disability.

To qualify as an occupatio~al disability,the condition must continuq: for the full

30 day period, during whi~h time theinsured must be under the care and atten-dance of a physician. '

"Critical Condition" means:

i) a condition which markedly restricts allor substantially all of the iime, the life

insured's ability to perforrj1 any of theActivities of Daily Living, even withtherapy and the use of appropriatedevices or medication; or,

For purposes of this benefit. disability

means the insured is either:

i) occupationally disabled; or,

ii) affiicted with a critical condi-tion.

ii) a condition which has been diagnosedas terminal by a physician, where theprognosis for living is less than 24

months; or,

Contingent Life.Contingent Life is similar to Joint-First-

to-Die coverage, but has differentamounts of insurance on the tWo livesinsuted. Cost is reduced by tailoring thecoverage to the clients' specific needs.Contingent Life is available only with

the Level and Coverage Plus options.Actual rates are available in the illustra-

tion softWare.

iii) a condition which results in the total

permanent loss of any of the following:

The Survivors Option is automaticallyincluded in all Joint-First-to-Oie andContingent Life policies. This optionguarantees the survivor's ability to pur-

chase new coverage at the attained age upto the previous amount at risk if he/she isunder age 80. This must be exercised with-

in 90 days of the first death. (If the sur-vivor dies within 90 days of the first death,the second death benefit will also be paid.)

.sight in both eyes.hearing in both ears

.speech.the ordinary use of both

hands.the ordinary use of both feet.the ordinary use of one hand and

one foot.

'~ctivities of Daily Living" include per-

ceiving, thinking, remembering, feedingor dressing oneself: speaking or hearing in

a quiet setting with one other familiar per-son, so as to be understood or understand.

or normal bodily functions, including

walking. MultiLifeThe MultiLife option allows multipleinsureds under one policy. Each individuallife insured can have his/her own deathbenefit. The death benefit option must beCoverage Plus. It is possible to elect at

issue whether to have the working capitalbe paid as a death benefit at the last death

only, or on the first death.

We require written notification and sup-porting documentation of the disability. In

addition, the policyowner must advise usof the amount to be withdrawn under this

provIsion.

A reduction in both the InsuranceAmount and the Working Capital will be

made reflecting the net value withdrawn.A Market Value Adjustment or aSurrender Charge may apply on this

amount.

The maximum number of lives insurableunder this option is 6 lives. It is especiallywell-suited to policies used to fund Buy-Sell or other business arrangements. Themonthly policy charge for each of the 3rd

and subsequent lives insured under thispolicy will be reduced from $10.00 to

$6.00.

Risk Classes

Single Life

Joint Life

.Joint-First-to-Oie

.Joint-Last-to-Oie

(

~Waiver on Death or Disability of the

Applicant (WDDA)Designed mainly for policies issued onfinancial dependents, this benefit protectsthe policy if premiums can no longer bepaid due to the death or disability of the

applicant (usually a parent) prior to age60. The scheduled premium is waiveduntil the applicant recovers, the applicantreaches age 60, or the 21st policy year,

whichever comes first. If the primary lifeinsured is a juvenile, the maximum dura-tion is the lesser of the above and the peri-od until the life insured's age 25. The min-imum duration for WDDA is ten years(eight years if the primary insured is a

juvenile).

RidersDisability WaiverIf the life insured becomes disabled prior

to age 60, premiums will be waived for theduration of the disability. At the time ofpurchase, the policyowner may elect ro

waive either the initial scheduled premi-um, the minimum premium, or the maxi-

mum scheduled premium. If the initial

scheduled premium is elected to be waivedand the scheduled premium is laterincreased, the policyowner can request anincrease in the waiver coverage to reflectthe new premium. Satisfactory evidence ofinsurability will be required before theincrease in waiver coverage can take effect.

If the life insured is self-employed or heav-

ily reliant on RRSPs for future retirementincome, the Disability Waiver can be avery significant benefit. If the policyownerbecomes disabled and has no earnedincome, he/she will be unable to con-tribute to an RRSP. However, withIntrepid II's Disability Waiver provision,we will deposit the amount the policy-owner has chosen to waive into a tax-shel-tered accumulation fund for as long as thedisability continues. This benefit will help

replace the RRSP contributions and tax-sheltered growth the client would other-wise lose.

This rider is available for life insureds age0 to 70 and to applicants age 18 to 50.

Rates can be found in Appendix 4 or theIllustration SoftWare.

(I, Children's CoverageChildren's Coverage, insuring all childrenage 0-17 at issue, is sold in units of $5,000of Term insurance to age 25 with a maxi-mum of six units. The premium for each

unit is $48 per year ($4 per month). Eachunit contains a Guaranteed InsurabilityOption of $50,000 which may be exer-cised at the benefit anniversary followingeach child's 21 st birthday or the applicant's65th birthday, whichever is earlier. Thisoption may be extended to each coveredchild's 25th birthday by writren request toMaritime Life.

A life insured is deemed disabled when,after a period of 17 weeks, he/she is pre-vented from doing his/her own occupa-tion for a period of tWo years, and anyoccupation thereafter.

All children adopted or born after this

benefit's effective date are automaticallycovered. A newborn's coverage is effective

15 days after birth.

Issue ages are from 18 to 55. The rates are8% for males and 12% for females basedon the amount of premium waived.

\

(

I.Q~~ Amount$1.000

This benefit expires at the benefit anniver-sary following the life insured's 25th birth-day, the applicant's 65th birthday, or thedate the Guaranteed Insurability Option is

exercised, whichever is earliest.

$1,000$1,000$ 500

$ 500$ 250Term 10 R&C and Term 20 R&C

Provides additional temporary protectionand can be converted to permanent insur-ance at a later date. A $25 fee is chargedfor each term rider. Refer to Appendices 2and 3, or the illustration software for pre-mium rates. Issue ages for Term 10 R&Care 18 to 65. Issue ages for Term 20 R&C

are 18 to 55.

Two limbsOne limb & sight

of one eyeSight of both eyesOne limbSight of one eyeThumb & index fingereither hand,. loss of limb includes total and

irrecoverable loss of use

Dismemberment Coverage may notexceed the lesser of $100,000 or the

amount of Accidental Death coverage.The maximum amount of coverage forAccidental Death and DismembermentCoverage combined is $200,000.Coverage expires on the benefit anniver-sary following the life insured's 65th birth-

day. Available for issue ages 18 -55.Premium rates are as follows:

Term riders are available on individuallives under Joint Life, Contingent Life and

MultiLife policies.

Issue AgeAccidental DeathPaid in the event of death by accidentalmeans. "Death by accidental means"includes death within 90 days after an

accidental injury has occurred (assumingthe injury is the immediate cause of

death).

Accidental Death coverage must be at least$25,000 and may not exceed the lesser of$200,000 or the insurance amount of the

policy. Coverage expires on the benefitanniversary following the life insured's65th birthday. The cost of this rider is

$1.00 per $1,000 per year and is available

for issue ages 18 to 55.

Issue Ages & Rate Bands.Issue Ages: 0-75

DismembermentProvides a benefit if a life insured suffersany of the following losses* within 180days from the date of accidental injury.The following amounts will be payable tothe life insured (per $1,000 of

Dismemberment Benefit):

.A life insured who is under age 18 atissue must provide satisfactory non-smoker evidence on the first policyanniversary following the attainment ofage 20 to retain non-smoker status.

.Smoking status and gender distinctrates.

~~Rate BandsBand 1:Band 2:

$50,000 -$199,999$200,000 +

Payment Frequency.Annually

.Semi-annually

*The minimum annual premium is $250..Quarterly

.Monthly (ACS., Pay Assignment,

Regular Billin~Coverage limits

Premiums are credite~ to the GeneralAccount when paid.

Deposit AccountThe Deposit Account allows the policy-owner to prepay all or part of future max-imum annual premiums. Each year, themaximum scheduled annual premium willbe automatically paid from this account.

Premium PaymentsIntrepid II can be funded at a wide rangeof levels. In the first tWo policy years, anypremium betWeen the minimum andmaximum can be paid. Subsequently, pre-miums can be changed as follows: If the policyowner is already paying a

scheduled premium, the amount trans-

ferred from the Deposit Account will be

the difference between the maximum pre-

mium and the scheduled premium for that

Year.

.premiums can be increased on an ongo-

ing or flexible basis subject to maintain-ing the policy's tax exempt status undercurrent Income Tax Act regulations.

,

This account also holds amounts tem-porarily withdrawn from the policy romaintain its tax-exempt status. These

forced withdrawals are dispositions. Fundswill be transferred back into the policy assoon as possible within the rules governingits tax-exempt status.

.premiums can be decreased subject tobeing sufficient, along with funds in theGeneral Account and T-Bill Account, tomaintain the coverage in force for a peri-od of one month. The amount is subjectto minimum requirements (currencly

$20).

The investment options of the DepositAccount will be identical to those chosenfor the General Account. All incomeearned in the Deposit Account, regardless

of the investment option, is consideredtaxable interest income and will be report-ed at the end of every year. Prescribed taxtreatment is not available.

.premiums can be skipped completely aslong as the policy's cash value is sufficientto maintain the coverage in force for onemonth. No evidence of insurability isrequired to resume premiums if there hasbeen no lapse in coverage.

There will be no Marker ValueAdjusrmel1r (MVA) on uansfers from the

tl

The minimum Intrepid II face amount is

the lower of $50,000 or the face amountcorresponding to an annual minimumpremium of $750.

)

\

Deposit Account to Intrepid II. A MVAwill apply for partial refunds from the

Deposit Account for amounts invested inthe Income Option or for the IncomeOption portion of the Managed Option.

From the ninth policy year onward, no

surrender charge will apply.

A proportionate surrender charge will

apply on any partial withdrawals.

Basic Premium: Where the insured is 65 oryounger at plan issue, the basic premium isequal to the minimum premium. Where theinsured is older than 65, the basic premiumis equal to the minimum premium applica-ble for age 65.

Special quotes are required for DepositAccount amounts in excess of $250,000.

At the insured's death, any remainingDeposit Account is paid in addition to theIntrepid II death benefit.

Tax-Exempt Status

If necessary, we will increase the coveragein order to maintain the policy's tax-exempt status. In situations where cover-age increases are not sufficient to maintainthe exempt status, we will transfer excesscash value to the Deposit Account.

Working Capital &Cash Values

Working CapitalA policy's working capital is the sum of all

investments in the General Accounr, T-BillAccounr and FIOs.

Cash ValueThe Cash Value is equal to the workingcapital less any applicable Market ValueAdjustment, surrender charges and anyoutstanding loan balance.

Charges to the PlanAll charges and expenses are deductedfrom the General Account of the policy.

The surrender charge for this policy is apercentage of the Basic Premium indicatedon the policy contract's Benefit

Information Page.

Premium Tax1. Applied to all premiums paid.

2. Premium tax rates are currently

The following table reflects the percentagewhich will apply in policy years 1

through 8:

.4% in Newfoundland

.3.5% in Prince Edward Island

% of Basic Premium50%100%150%200%200%150%100%50%

£2J12345678

.3% in Nova Scotia

.2.35% in Quebec

.2% in all other provinces and territones

3.

Charges may be changed if provincialtax rates change.

~ ~

cPremium Loads3% of any premium paid up to the Basic

Premium.

Market Value Adjustment (MVA)Market Value Adjustments are calculated

separately for each active depositin the 3, 5 or 10 year options and theIncome Option which is affected by thesurrender, partial withdrawal or transfer.The Market Value Adjustment applicableis the greater of $0 and the sum of theindependent amounts calculated for each

active deposit.

Mortality ChargeA mortality charge will be deducted at thebeginning of every month. The charges

deducted will be level to age 100 except forincreases in the net amount at risk whichwill be subject to YRT rates.

The generalized formula for MarketValue Adjustments is:Policy Charge

$10.00 policy charge per month ($6.00charge per life for lives 3-6 undet

MultiLife).

The maximum of $0 and (A x (j% -

i% -1 %) x Duration) when j -i is a

positive value; and

The minimum of $0 and (A x (j% -

i% + 1 %) x Duration) when j -i is a

negative value.

Rider PremiumsRider premiums are charged monthly tothe policy's General Account. As the poli-cy's fund pays for the riders, they will not

be dropped when the policy goes onExtended Coverage. Each term riderincurs a $25 fee which is included in the

deduction for the rider.

A is the capital amount of thedeposit affected by the particular

transactIon.:~j is the current Government of '.Canada 3 -5 year bond yield for theIncome Option, and is the currentdeclared rate for new 3 year, 5 yearand 10 Year Option Deposits.

$30 Transfer FeeA $30 transfer fee may be chatged to theGeneral Account when transferring fundsfrom the General Account to any of theFixed Interest Options, including the T-Bill Acco!.lnt. The $30 transfer fee will

apply for the third and subsequent trans-fers requested in a calendar year. There areno fees charged for changes made to theGeneral Account investment mix.

i is the 60 month Government of

Canada 3 -5 year Bond yield for theIncome Option and is the actual cred-ited rate for (he 3, 5 and 10 YearP.I.O. Deposits affected by (he trans-

action.

Duration is 2.5 for the IncomeOption and actual number of com-plete months to maturity divided by12 for any 3 Year, 5 Year and 10 Year

Fixed Interest Options.

Partial Withdrawal FeeThere are no fees for partial withdrawals(although a surrender charge and marketvalue adjustment may apply). The mini-mum withdrawal amount permitted is

$1,000.We reserve the right to charge a

Market Value Adjustment on the por-

(

tion of the index-linked Options orthe Managed Option affected by sur-

render, partial withdrawal or transferif yout client has changed their invest-

ment mix in the past six months toincrease the amount invested in theseoptions while decreasing the amountsinvested in the Income Option. TheMarket Value Adjustment will be cal-culated as if the funds were in theIncome Option at the time of surten-der, partial withdrawal or transfer.

Face Amount ChangesThe policyowner can also request face

amount changes at any time. Increases toface amounts will be issued as a new poli-

cy. Satisfactory evidence of insurability willbe required for increases.

Substitute LifeThe policyowner may substitute a newlife insured upon providing satisfactoryevidence of insutability of the proposednew life insured.

The Company may charge a fee for planchanges depending on its rules at the timea change is made.Plan Changes

Term Conversions.All Term insurance polices issued or

assumed by Maritime Life can be con-verted within their respective conversionperiods to Intrepid II (Level or Coverage

Plus) without evidence.

Rules for Plan Changes to Intrepid IIAllowable PlansThe following contractual premium plansare eligible ta change ta Intrepid II, pro-viding all other requirements are met:

.Executive Lifetime Term (ELTT.Evidence of insurability will be required

for conversions to the Indexed Coverage

and Cost Recovery Options.

.ExtraOrdinary Plus

.Five Year Adjustable Ordinary Life

(5YAOL).Original Age Conversions, where applic-able, are available within a policy's con-vetsion period during the first five policy

years.

.Accelerated Term

.Performance Plan

.Capital Opportunity ProgramSmoker to NonsmokerA life insured who was unable to qualify asa non-smoker at issue may qualify as anon-smoker at any time by providing sat-

isfactory evidence.

.Flexlife (including Protector)

.Guaranteed Lifetime Term (GLTT

.Life Builder

.Life EnhancerChanges to Death Benefit OptionsThe policyowner can change the deathbenefit option at any time. Evidence ofinsurability will be required if the changeresults in an immediate or future increase

in the death benefit.

.Lifeterm (including Protector and FSP)

.Lifetime Term (LTT)

.Lifetime Term G20 (G20)

(

.Lifetime Term GIOO (GIOO) Signed IllustrationsAs of January 1, 1998, customer signatures

are now a policy requirement for

Intrepid II to conform to new legislationand industry guidelines. Signatures of the

policyowner and financial advisor arerequired on the illustration's customer sig-nature page in the space provided.

.Preferred Lifetime Term (PLTT)

.Ultimate Life

Additional Benefits and RidersAdditional benefits can be carried over tothe new Intrepid II but benefits on addi-

tionallives on the original plan must eitherbe canceled or kept as stand-alone policies.

(overage RestrictionsCoverage restrictions on new issues ofIntrepid II also apply to plan changes to

Intrepid II, that is, no changes foramounts under $50,000.

Premium Based Compensation

Option 1 (Elected Option)Minimum E~cess

~ Premium*j (tlJp to Max.)*1 50%+ aIR Ih%+O/R-

2-5 5% 51'106+ 3% of level cost of in~urance

Coverage IncreasesAll increases to coverage will be underwrit-ten with the exception of a requestedchange to Coverage Plus where theWorking Capital is less than $10,000 orwhere partial withdrawal of less than$10,000 is made at the time of change.

/ .Option 2 (Default Option)

Minimum Ekcess~ Premium* (~p to Max)*1 55%+ aiR ' l~%+O/R

2-5 5% 5*106+ --j

Amounts in excess of maxim4m sched-uled premium will receive 1 o/~ + aiRin yeat 1 and 1 % in years 2-sl

Specific RulesSpecific plan change rules have been incor-porated in the software and can be foundin various bulletins previously issued, espe-

cially Agent Bulletin 96-16.Unless requested, Option 2 will be thedefault option. If you wish Option I,

please indicate this bn the application orthe application invoice.Compliance Initiatives

*For ages above 65, commissionable premi.ums are based on the age 65 premiums.

Compliance ChecklistPursuant to changes in life insurance

licensing regulations. a CompliahceChecklist is enclosed in the Windows soft-ware for Intrepid II. At this time. the

return of the form to Maritime Life is

mandatory only if your provinciallicens-ing board requires it. It can be an effectiverool to use with your clients, even if it isnot mandatory.

Asset based compensation(Option 1 & 2)

Starting in year 6 and every year thereafter,0.25% of the Working Capital regardlessof whether a premium is paid.

t

(

Marketing MaterialThe following marketing material is avail.able:

ChargebackUpon lapse a Pro-rata chargeback* on thefirst year commission. Lapse is considered[0 occur after the policy goes off extended

coverage.* based on the number of premiums paid

in the first 24 months.

Deposit AccountCommission is asset-based at an annualrate of 0.20% plus override of the DepositAccount balance payable at issue and

annually thereafter.

Life Insurance Options Kit Folder

(E1447)

Investment Allocation for U.L. products

(E1476)

Marketing Guide

(E1446)A full technical product description.

Life Insurance Options

(E1440)A tool to help you identify clients' per-sonal and business insurance needs.

jumbo CasesIn cases where coverage written exceeds

$10,000,000 on anyone life, the compen-sation paid on such excess amounts is sub-

ject to special consideration.

Product Overview

(E1444)A technical explanation of product fea.tures.

Own Your Own Cash Values

(E1442)Explaining how Intrepid II's uniquedesign can allow the policyholder to t~ulyown their own cash values.

(E1432)(E1438)(E1439)(E1437)(E1434)(E1435)(E1433)

Investment Options:IncomeTSE300S&P500International EquityJapanese EquityCanadian BondManaged

MultiLife(E1469)

Disability Payment(E1470)

MALE FEMALESmoker

MinBand I Band II

MALENon-Smoker

MaxSmoker

Max

FEMALENon-Smoke, Smoke,

Max Max~g~

Non Smoker Smoker Non SmokerMin Min Min

Age Band I Band II Band I Band II Band I Band II0 2.14 1.12 1.52 0801 2.16 1.15 153 0.812 2.18 1.17 1.54 0.B3) 2.20 1.20 1.55 0.844 2.22 1.2) 1.S7 0.86~ 2.2~ 1.2~ .-1.~8 0.87- , -62.)1 '.3' --1.620.91--7 2.)8 1.)7 1.67 0.968 2.4S 1.44 -1.72 1.009 2.S) '.S' 1.77 1.0410 2.~ 1.~8 -.1.!\ 1.09 ii-11 2.68 1.67 --1.89 1.16 .;.'12 2.76 1.78 ..1.9S 1.2) .;13 2.8s 1.89 2.01 1.31 .'4 2.9) 2.00 2.08 1.39 .!IS 3.02 2.13 -.2.1~ 1.48 ..16 3.11 2.2S ..2.25 1.S9 ..17 3.20 2.)8 2.37 1.7118 3.30 2.S2 S.03 4.02 2.48 1.84 3.94 3.0)19 3.39 2.67 S.14 4.13 2.60 1.98 4.03 3.1220 1.42 2.7\ ~.2~ 4.21 2.66 2.06 4.11 \.2121 3.49 2.82 5.)7 4.)4 2.73 2.1) 4.21 3.2922 3.S7 2.92 S.49 4.46 2.81 2.19 4.)1 3.382) 3.64 3.01 S.62 4.S7 2.89 2.26 4-41 3.4724 3-71 3.11 5.7S 4.69 2.97 2.33 4.S2 3.S62 .22 .82 .06 2. 0 .62.626 ).93 ).)6 6.1S 5.11 ).16 2.S0 4.77 3.727 4.08 3.S1 6.43 S.42 3.27 2.61 4.92 3.9228 4.23 3.66 6.73 S.76 3.39 2.7) S.08 4.0729 4.38 3.8) 7.0) 6.11 3.SI l.1s S.24 4.2230 4.~~ 4.00 7.3~ 6.48 3.61 l.97 ~.41 4.~731 4.76 4.22 7.79 6.88 ).80 3-1) S.71 4.6732 4.99 4.4S 8.24 7.3' 3.97 3.31 6.02 4.98)3 S.23 4.70 8.73 7.76 4.1S 3.49 6.)S S.31)4 S.48 4.96 9.24 8.2S 4.3S 3.68 6.70 S.6635 5.7~ ~.24 9.78 8.76 4.~~ 1.B9 7.06 6.0436 6.12 5.58 10.40 9.)) 4.81 4.13 7-42 6.3937 6.S2 S.9S 11.0S 9.95 5.08 4.40 7.79 6.7738 6.94 6.3S 11.7S 10.60 5.37 4.68 8.19 7.1639 7.39 6.77 12.48 11.30 568 4.97 8.60 7.S940 7.87 7.21 11.27 12.04 6.00 ~.29 9.~~ 8.0J41 8.46 7.73 14.2S 12.91 6.42 5.68 9.62 8.6042 9.09 8.29 15.31 13.84 6.87 6.09 10.24 9.2043 9.77 8.89 16.44 14.84 7.35 6.S4 10.90 9.8544 10.S0 9.S3 17.66 'S.92 7.86 7.02 11.60 10.S445 11.28 10.22 18.98 17.07 8.41 7.~4 12.~~ 11.2946 12.08 10.9) 20.23 18.2S 9.08 8.1S 13.21 12.0847 12.92 11.69 21.S8 19.51 9.80 8.82 14.14 12.9)48 13.83 12.S1 23-01 20.8S 10.S8 9.S3 'S.13 13.1s49 14.80 1).)8 24-S3 22.)0 11.42 10.31 16.19 14.82SO 15.84 14.12 26.16 21.84 12.11 11.1~ 17.~~ '~.87Sl 17.04 'S.41 28.1S 2S.S8 13.17 11.97 18.60 17.01S2 18.)) 16.S9 )0.29 27.44 14.07 12.86 '9.96 18.24S3 19.71 17.86 )2.60 29.4S 15.03 13.82 21.42 19.5SS4 21.20 19.22 3S.08 31.60 16.06 14.84 22.99 20.96S5 22.81 20.69 17.7S 11.91 17.16 15.94 24.68 22.4756 24.SS 22.19 40.13 36.20 18.46 17.23 26.46 24.09S7 26.41 23.80 42.66 38.64 19.8S 18.62 28.36 2S.83S8 28.43 2S.52 45.36 41.24 21.36 20.13 30.41 27.69S9 30.S9 27.36 48.22 44.02 22.97 21.76 )2.60 29.6960 32.92 29.34 S1.26 46.99 24.71 23.52 34.95 31.8361 3S.36 )1.S2 S4.)8 49.85 26.S9 2S.22 )7.16 33.8462 37.97 33.8S S7.69 S2.89 28.62 27.04 39.S0 )S.9863 40.78 36.36 61.20 S6.10 )0.79 29.00 42.00 )8.2S64 43.80 39.OS 64.93 S9.S2 )3.14 31.10 44.6S 40.676S 47.04 41.9~ 68.88 61.14 1~.66 ~l.~~ 47.47 4~.2166 49.66 44.S6 72.)7 66.24 )8.06 3S.64 SO.Ol 4S.6867 S2.41 47.33 76.04 69-49 40.63 }8.10 S2.69 48.2768 SS.32 SO.27 79.89 72.90 43.36 40.72 SS.S' S'.0069 S8.)9 S3-39 83.9S 76.47 46.28 43.S3 S8.49 S3.8970 61.64 ~6.71 88.20 80.22 49.40 46.~1 61.62 ~6.9471 6S.20 S9.97 92.12 83.61 S3.04 49.SS 64.89 S9.9472 68.97 6),43 96.22 87.1) S6.94 S2.77 68.33 63.107) 72.9S 67.08 100.49 90.81 61.14 S6.20 71.9S 66.4274 77.17 70.9) 104.96 94.64 6S.64 S9.8S 7S.76 69.927S 81.63 7S.02 109.62 98.64 70.47 63.74 79.78 7].60

t

4-411 3.204.56 3.214.60 3.264.67 3.274.75 3.3~.8

6 4.96 3.4S7 5.14 3.608 5.36 3.7~9 5.57 3.841011. .12 6.39 4.41

'3 6.72 4.6414 7.05 4.901 .1,. 5.517 8.17 5.87,8 8.57 11.63 6.2~ 8.77'9 8.94 11.79 6.6 8.91202122 9.87 13.11 7.4 9.9423 10.33 13.75 7.7 10.442 10.82 1 .5

33282

33 1 .23 20. I 12.(\5 14.1034 16.98 21.39 12. 14.67

57 47. 3 52. 7 37.~ 2 35.3458 49.65 55.15 39.1 37.0359 51.53 57.52 40. 8 38.80

~ ~~! ~.~ I ~~.~~ ~Q.~61 55.72 62.24 44.58 422562 58.05 64.56 46.37 43.926

6

67 .2. 56.25 57.5768 72.11 86.88 58-41 60.7869 74.42 91.09 60.68 64.1970 76.79 9S.48 63.01 67.7771 80.16 99.49 66.23 71.3272 83.69 103.~ 69.~3 75.0873 87.36 108.0~ 73.1~ 79.01

2

Per $1,000 of initial coverage. Add $130 for m,nimum premium calcula.

tion. For Monthly equivalent, divide by 12. ,

Disability Waiver calculation:Male: Add 8% of minimum/initial/maximum premiumFemale: Add 12% of minimum/initial/maximum premium

.

(

Non-Smoker Smoker

Male Female Band 1 Band 2 Band 3Ase Age Issue Renewal Issue Renewal Issue Renewal18 18.23 1.14 0.94 0.9019 24 1.14 0.94 0.9020 25 1.14 094 09021 26 1.14 0.94 0.9022 27 1.14 0.94 0.9023 28 1.14 0.94 0.9024 29 1.14 0.94 0.9025 30 1.14 0.94 0.9026 31 1.14 0.95 0.9027 32 1.14 0.95 0.9028 33 1.16 1.46 0.96 1.25 0.91 1.1829 34 1.16 1.46 0.97 1.25 0.91 1.1830 35 1.16 1.46 098 1.25 092 1.1831 36 1.17 1.4B 0.98 1.25 0.93 1.1832 37 1.17 1.SO 0.98 1.26 0.93 1.2033 38 1.18 1.51 0.99 1.30 0.95 1.2334 39 1.20 1.53 1.00 1.34 0.97 1.2735 40 1.23 1.56 104 1-19 1.00 1.3436 41 1-29 1.64 1.09 1.46 1-06 1.4137 42 1.35 1.76 1-14 1-54 1-11 1-4938 43 1-43 1.89 1-22 1.64 1-19 1.5939 44 1-51 2.04 1.31 1-76 1.27 1.7240 45 1-62 2.19 1-41 1-90 1-18 1-8641 46 1.73 2.35 1.53 2.07 1-SO 2.0342 47 1.86 2.52 1-66 2.27 1.63 2.2243 48 2.00 2.69 1.80 2.48 1.77 2.4344 49 2.15 2.91 1-97 2.72 1-93 2.6845 50 233 1.14 215 2.99 212 29446 51 2.53 3.41 2.35 3.27 231 3.2247 52 2.74 3.68 2.56 3.57 2.53 3.5148 53 2.98 4.01 2.80 3.90 2.75 3.8249 54 3.25 4.3B 3.07 4.27 3.02 4.1950 55 3.59 4.84 3.38 4.70 3.33 4.6251 56 3.97 5.39 3.74 5.18 3.67 5.1152 57 4.43 6.00 4.13 5.72 4.06 5.6653 58 4.91 6.69 4.55 6.31 4.47 6.2454 59 5.43 7.42 5.01 6.96 4.92 6.8955 60 5.97 8.19 5.51 7.66 5.41 7.5756 61 6.49 8.93 6.03 8.39 5.90 8.2657 62 7.00 9.66 6.56 9.15 6.39 8.9558 63 7.56 10.47 7.14 9.97 6.93 9.7159 64 8.24 11-42 7.81 10.92 7.57 10.5960 65 9.09 12.61 8.61 12.04 835 11.6961 66R 10.13 14.09 9.54 13.33 9.27 12.9962 67R 11-31 15.79 10.57 14.74 10.29 14.4963 68R 12.63 17.65 11-72 16.30 11.43 16.1264 69R 14.08 19.61 12.96 18.00 12.67 17.8565 70R 15.67 21-62 1431 19.88 14.03 19.6566R 71R 23.67 21.92 21.4967R 72R 25.81 24.13 23.4368R 73R 28.03 26.48 25.4469R 74R 3033 29.00 27.5470R 32.71 31-67 29.7371R 36.17 35.05 33.2072R 40.00 38.80 37.0573R 44.24 42.96 41.3774R 48.91 47.55 46.19

Male Female Band 1 Band 2 Band 3

~~e ~!~ Issue Renewal Issue Renewal Issue Renewal16 16.23 1.57 1.46 1.3919 24 1.57 1.46 1.3920 25 1.57 146 11921 26 1.59 1.49 1.3922 27 1.60 1.51 1.40

23 28 1.62 1.52 1.4024 29 1.63 1.53 1.41

2~ 30 1.64 lS4 14126 31 1.64 1.56 1.43

27 32 1.64 1.56 1.4328 33 1.65 2.20 1.56 2.06 1.44 1.7929 34 1.66 2.20 1.57 2.06 1.45 1.7930 35 1.67 2.20 1.60 1.06 149 17931 36 1.73 2.24 1.65 2.13 1.54 1.8432 37 1.79 2.31 1.72 2.22 1.62 1.9133 38 1.88 2.42 1.79 2.33 1.71 2.0134 39 1.99 2.56 1.90 2.47 1.81 21435 40 2.12 2.73 1.03 264 1.94 2.3036 41 2.27 2.94 2.18 2.81 2.10 24837 42 2.43 3.16 2.35 2.96 2.27 2.6838 43 2.62 3.43 i2.S6 3.19 2.46 2.9239 44 2.86 3.76 2.80 3.45 2.69 3.2140 45 3.14 41S 308 379 1.97 3SS41 46 3.47 4.59 3.39 4.20 3.28 3.9542 47 3.82 5.07 13.74 4.67 3.63 4.41

43 48 4.23 5.62 14.13 5.19 402 4.9144 49 4.70 6.24 4.S7 S.81 4.47 5.504 .26 .97.1 499 146 51 5.90 7.79 5.70 7.29 5.58 6.9747 52 6.62 8.68 i6.37 8.15 6.24 7.8248 53 7.41 9.68 17.12 9.09 6.97 8.77

49 54 8.26 10.77 17.93 10.14 7.75 9.81

~~ ~~ ~;,1~. ~~.~~ I!~ !~~g ~~ !g~~51 56 10.18 13.33 ,9.76 12.60 9.53 12.2652 57 11.28 14.83 110.82 14.05 10.S2 13.67

53 58 12.42 16.42 11.93 15.57 11.S8 15.1854 59 13.59 18.03 13.07 17.15 12.67 16.7455 60 14.74 19. S9 1419 1871 11.77 18 31S6 61 15.80 21.01 15.24 20.19 14.84 19.8257 62 16.79 2230 16.22 21.61 15.86 213158 63 17.83 23.66 17.26 2309 1698 22.8559 64 19.03 25.26 ,18.42 24.74 18.19 1455

~ ~~- ~g.~~ ~~.~~ 1!2&~ ~~~~ !2.2Q l2~261 66R 22.29 29.68 121.45 28.78 21.21 28.5862 67R 24.26 3238 ,23.24 31.04 22.96 30.8363 68R 26.44 3538 15.11 33.52 24.86 33.2664 69R 28.83 38.70 27.33 36.33 26.91 35.91

65 70R 31.41 42.34 29.64 39S6 2911 188466R 71R 46.31 43.20 42.0067R 72R 50.61 47.21 45.4068R 73R 55.22 51.56 49.0369R 74R 60.16 1 56.26 52.8970R 65.42 I 61-12 56.9871R 72.75 67.85 61.9672R 80.89 75.08 67.37

73R 89.96 83.07 73.264R 100.0 1. 2 7 66

R = Renewal Only

Band 1 = $50,000 -$249,999

Band 2 = $250,000 -$999.999

Band 3 = $1,000,000 or more

(17 Intrepid II Marketing Guide)

~

Non-Smoker Smoker

M.le Fem.te B.nd 1 B.nd 2 B.nd 3Age Age Issue Renew.l Issue Renew.l Issue Renew.l18 18.23 1.36 1.23 1.1419 24 1.36 1.23 11420 2~ 1.36 1.23 1.1421 26 1.36 1.23 1.1422 27 1.36 1.23 1.1423 28 1.37 1.24 1.1624 29 1.37 124 1.162~ 30 1.37 1.24 1.16

26 31 1.38 1.25 1.1727 32 1.39 1.25 1.1728 33 1.40 1.27 1.1929 34 1.43 1.30 1.2030 35 1.45 1.33 1.2331 36 1.51 1.38 1.3032 37 1.59 1.46 1.3633 38 1.68 1.53 1.4434 39 1.79 1.63 15235 40 191 1.73 1.6336 41 2.04 1.85 1.7637 42 2.19 1.98 1.8838 43 2.35 1.89 2.12 1.64 2.03 1.5939 44 2.54 2.04 2.28 1.76 2.18 1.7240 45 274 2.19 2.45 1.90 2.37 1.8641 46 2.97 2.35 2.68 2.07 2.56 2.0342 47 3.22 2.52 2.92 2.27 2.78 2.2243 48 3.49 2.69 3.19 2.48 3.00 2.4344 49 3.79 2.91 3.49 2.72 3.26 2.684~ ~O 411 1.14 3.83 2.99 3.56 2.9446 51 4.49 3.41 4.19 3.27 3.90 3.2247 52 4.88 3.68 4.58 3.57 426 3.~148 53 5.30 4.01 5.00 3.90 4.64 3.8249 54 5.78 4.38 5.48 4.27 5.08 4.1950 55 612 4.84 5.99 4.70 5.57 4.6251 56R 6.83 5.39 6.51 5.18 6.10 5.1152 57R 7.29 6.00 7.01 5.72 6.66 5.6653 58R 7.86 6.69 7.59 6.31 7.28 6.2454 59R 8.66 7.42 8.34 6.96 7.98 6.89~~ 60R 9.8~ 819 9.34 7.66 8.79 7.5756R 61R 8.93 8.39 8.2657R 62R 9.66 9.15 8.9558R 63R 10.47 9.97 9.7159R 64R 11.42 10.92 10.596OR 6~R 12.61 1204 11.69

61R 66R 14.09 13.33 12.9962R 67R 15.79 14.74 14.4963R 68R 17.65 16.30 16.1264R 69R 19.61 18.00 17.856~R 70R 2162 19.88 19.6566R 71R 23.67 21.92 21.4967R nR 25.81 24.13 23.4368R 73R 28.03 26.48 25.4469R 74R 30.33 29.00 27.547OR 1271 31.67 29.7371R 36.17 35.05 33.2072R 40.00 38.80 37.0573R 44.24 42.96 41.3774R 48.91 47.55 46.19

R = Renewal Only

Band 1 = $50,000 -$249,999

Band 2 = $250,000 -$999,999

Band 3 = $1,000,000 or more

Male Female Band, Band 2 Band 3Age Age Issue Renewal Issue Renewal Issue Renewal18 18.23 2.11 1.91 1.7619 24 2.11 1.91 1.7620 25 2.11 1.91 1.7621 26 2.12 1.91 1 1.7622 27 2.13 1.92: 1.7723 28 2.14 1.92 l' 1.7724 29 2.16 1.92 1.77

~~ ~~ ~.~~ !.~ I !.~~26 31 2.24 1.98 i 1.8327 32 2.29 2.04 I 1.8828 33 237 2.12 i 1.94

29 34 2.45 2.21: 2.0330 35 2.57 232 i 2.1431 36 2.70 2.44 I 2.2632 37 2.83 2.56 i 23933 38 2.99 2.70 2.5434 39 3.19 2.87! 2.7335 40 3.45 3.11 i 2.9636 41 3.76 3.40 I 3.2637 42 4.13 3.74 3.6238 43 4.55 3.43 413 3.19 3.99 2.9239 44 4.99 3.76 4.54 3.45 4.41 3.2140 45 5.45 4.15 4.97 3.79 4.83 3.5541 46 6.03 4.59 5.53 4.20 538 3.9542 47 6.61 5.07 6.11 4.67 5.94 4.4143 48 7.25 5.62 6.76 5j19 6.53 4.9144 49 7.96 6.24 7.50 5.81 7.26 5.5045 50 8.75 6.97 I 832 6151 8.12 6.1946 51 9.64 7.79 9.22 7.29 8.99 6.9747 52 10.63 8.68 10.24 8.15 9.98 7.8248 53 11.70 9.68 1133 9.09 11.06 8.7749 54 12.84 10.77 12.50 10.14 12.19 9.8150 55 14.02 11.97 13.67 1130 1334 10.9651 56R 15.02 1333 14.70 12.60 14.45 12.2652 57R 15.87 14.83 15.58 14.05 15.50 13.6753 58R 16.87 16.42 16.60 15.57 16.64 15.1854 59R 1835 18.03 18.05 li.15 18.11 16.7455 6OR 20.63 19.59 20.25 18.71 20.09 183156R 61R 21.01 2d.19 19.8257R 62R 2230 21.61 21.3158R 63R 23.66 23.09 22.8559R 64R 25.26 24.74 24.5560R 65R 27.27 26.65 26.4661R 66R 29.68 28.78 285862R 67R 3238 31.04 30.8363R 68R 3538 33.52 33.2664R 69R 38.70 3633 35.9265R 70R 4234 39.56 38.8466R 71R 4631 43.20 42.0067R nR 50.61 47.21 45.4068R 73R 55.22 51.56 49.0369R 74R 60.16 56126 52.8970R 65.42 6132 56.9871R 72.75 67185 61.96nR 80.89 75.08 673773R 89.96 83.07 73.2674R 100.04 91;92 79.66

Duration8 -15

years

Duration16 -25

years

Applicant'sA~e

ApplicantMale

ApplicantMale Female Female4.024.044.074.134.204.25

6.036.066.116.206.276.37

4.985.005.025.075.135.20

18-212223242526272829"'1

~

31323334353637383940

4.314.364.404.504.59

6.466.536.606.756.89

5.265.365.455.645.74

4.694.784.884.985.07

7.047.177.317.467.61

5.936.126.416.727.08

5.265.455.745.936.22

7.908.188.618.899.33

7.277.758.228.708.70

41 6.60 9.90 8.70 13.0642 7.08 10.61 8.70 13.0643 7.56 11.34 8.70 13.0644 8.13 12.20 8.70 13.0645-50 I i 8.80 13.20 I

Per $100 of initial premium

Where the insured is age 0-17, "duration" is the number of yearsuntil the life insured turns age 25 or the applicant turns age 60,whichever is sooner.

Where the insured is age 18-75. "duration" is the lesser of 21 yearsor the number of years until the applicant turns age 60, whichever isfirst.

Intrepid II Marketing Guide

20