ACME Life Insurance Company by suchenfz

VIEWS: 12 PAGES: 8

									ACME Life Insurance Company
Variable Annuity Illustration
Prepared for:
Pascal Ramirez
and
Fabian Ramirez



Prepared by:
Peter Robinson, CLU
Robinson Insurance Agency
786 Chestnut Street
Suite 125
Philadelphia, PA 19102
Office: 215-4359301, extension 678
Fax: 215-4357543
Email: PRobinson@RobAgency.com

June 13, 2008
                  ACME Variable Annuity
                  Prepared for:Pascal Ramirez                                                                                                 Total Purchase Payment: $150,000.00
                  Male / Issue Age 60                                                                                                  Death Benefit: Guaranteed Return of Premium
                  Joint Annuitant:Fabian Ramirez                                                                      Annuity Payout Option: Joint and Survivor Life w/10 Years Certain
                  Female / Issue Age 35

                  Basic Illustration Summary
                    Narrative Summary   ACME Variable Annuity is a long-term investment designed for retirement purposes and is subject to market fluctuations,
                                        investment risk and possible loss of principal. Past performance of specific funds or market indices does not guarantee future
                                        results. Investors should consider the contract and the underlying portfolio’s investment objectives, risks, and charges carefully
                                        before investing. This and other important information is contained in the prospectus. You should read the prospectus carefully
                                        before investing. Changes in employment, compensation, contract ownership, Internal Revenue Code, or state and local tax laws
                                        may affect the tax treatment of an annuity. Acme Life Insurance Company and its affiliates do not provide tax and legal advice. You
                                        should consult with your attorney and/or tax advisor before investing.

                                        This illustration was prepared to support the promotion and marketing of Acme Variable Annuity. Acme Life Insurance Company,
                                        its distributors and their respective representatives do not provide tax, accounting and legal advice. Any tax statements contained
                                        herein were not intended or written to be used, and cannot be used for the purpose of avoiding U. S. federal, state or local tax
                                        penalties. Please consult your own independent advisor as to any tax, accounting or legal statements made herein.

                    Contract Value      The contract values shown are at the beginning of the year and have been reduced by ME charges, Portfolio Expenses, and
                                        0.55% GMIB rider charges but do not include a $50 Annual Contract Fee for Contract Values less than $50,000.

                    Guaranteed          The GMIB is an optional benefit that can be purchased with the Acme Variable Annuity. The GMIB is available for an additional
                    Minimum Income      charge and must be elected at contract issue. The additional charge is 0.55% of the applicable benefit base. The GMIB guarantees
                    Benefit (GMIB)      a minimum amount of the greater of 5% of cumulative premiums compounded at 5% and the maximum contract value on any
                                        contract anniversary date up to the annuitant’s attained age 85 less any withdrawals, or the product of the applicable annuitization
                                        factor times the Guaranteed Income Base in any year beginning in Year 10, with a fixed payout option of single or joint life with ten
                                        years certain.

                    Guaranteed          The GMDB is an optional benefit that can be purchased with the Acme Variable Death Benefit (GMDB) Annuity. The GMDB is
                    Minimum Death       available for an additional charge and must be elected at contract issue. The additional charge for the GMDB Return of Premium
                    Benefit (GMDB)      rider is 0.15% of the applicable benefit base. The GMDB Return of Premium guarantees a death benefit equal to the cumulative
                                        premiums paid less any withdrawals.




                                                       This is your basic illustration and is valid only if all pages are included.
Prepared by: Peter Robinson                                                      For presentation in: NY                                                                     Version: 1.0
Form: ALT-09754                                                                        Page 1 of 7                                                               Prepared on: 06/13/2008
                  ACME Variable Annuity
                  Prepared for:Pascal Ramirez                                                                                                     Total Purchase Payment: $150,000.00
                  Male / Issue Age 60                                                                                                      Death Benefit: Guaranteed Return of Premium
                  Joint Annuitant:Fabian Ramirez                                                                          Annuity Payout Option: Joint and Survivor Life w/10 Years Certain
                  Female / Issue Age 35

                  Terms and Column Definitions used in the Basic Illustration

                    Contract Anniversary - Policy year

                    Portfolio Return - The historical rate of return for the selected index or funds for the corresponding calendar year.

                    Age - The insured’s age at the beginning of the policy year.

                    Withdrawals - Specified annual withdrawals taken at the end of the policy year.

                    Contract Value – The beginning of the year contract values are the purchase payments plus any bonus reduced by M&E charges, Portfolio Expenses, and
                    rider charges, if applicable, compounded by the assumed hypothetical or historical rate of return adjusted by any withdrawals.

                    Surrender Value – The Surrender Charge is the Contract Value less the applicable Surrender Charge.

                    Death Benefit – The Death Benefit is the benefit payable upon the Annuitant’s death and is equal to the greater of the Contract Value or the cumulative
                    premiums paid both less any withdrawals.

                    Guaranteed Earnings Income Base – The Guaranteed Earnings Income Base is equal to your purchase payment plus bonus, if applicable, compounded
                    annually by the guaranteed earnings rate of 5% adjusted for any withdrawals.

                    Guaranteed Income Base – The Guaranteed Income Base is the greater of the Guaranteed Earnings Income Base and the Maximum Anniversary Value.

                    GMIB Annual Income for Life – The GMIB Annual Income for Life is determined by applying the Guaranteed Income Base to the annuity factors specified
                    in the rider.




                                                           This is your basic illustration and is valid only if all pages are included.
Prepared by: Peter Robinson                                                          For presentation in: NY                                                                     Version: 1.0
Form: ALT-09754                                                                            Page 2 of 7                                                               Prepared on: 06/13/2008
                  ACME Variable Annuity
                  Prepared for:Pascal Ramirez                                                                                             Total Purchase Payment: $150,000.00
                  Male / Issue Age 60                                                                                              Death Benefit: Guaranteed Return of Premium
                  Joint Annuitant:Fabian Ramirez                                                                  Annuity Payout Option: Joint and Survivor Life w/10 Years Certain
                  Female / Issue Age 35

                  Assumes Gross Hypothetical Return of 0.00%

                                                                      Account Detail                             Death Benefit                    Living Benefit
                    Contract                                                                                     Death Benefit                    Guar Income        GMIB Annual
                     Anniv     Year       Age      Withdrawals         Account Value Surrender Value                Value         Account Value      Base           Income For Life

                        1      2009       61             0                146,550               136,292              150,000        146,550          157,500                0
                        2      2010       62             0                143,065               134,481              150,000        143,065          165,375                0
                        3      2011       63             0                139,541               132,564              150,000        139,541          173,644                0
                        4      2012       64             0                135,975               130,536              150,000        135,975          182,326                0
                        5      2013       65           9,116              123,246               119,549              140,884        123,246          182,326                0
                        6      2014       66           9,116              110,678               108,464              131,767        110,678          182,326                0
                        7      2015       67           9,116               98,268                97,285              122,651         98,268          182,326                0
                        8      2016       68           9,116               86,014                86,014              113,535         86,014          182,326                0

                       10      2018       70           9,116               61,969               61,969                95,302         61,969          182,326             9,020
                       11      2019       71           9,116               50,174               50,174                86,186         50,174          182,326             9,160
                       12      2020       72           9,116               38,478               38,478                77,070         38,478          182,326             9,308
                       13      2021       73           9,116               26,931               26,931                67,953         26,931          182,326             9,464
                       14      2022       74           9,116               15,529               15,529                58,837         15,529          182,326             9,628
                       15      2023       75           9,116                4,273                4,273                49,721          4,273          182,326             9,800
                       16      2024       76             0                    0                    0                     0              0               0                9,800




                                                   This is your basic illustration and is valid only if all pages are included.
Prepared by: Peter Robinson                                                  For presentation in: NY                                                                       Version: 1.0
Form: ALT-09754                                                                    Page 3 of 7                                                                 Prepared on: 06/13/2008
                  ACME Variable Annuity
                  Prepared for:Pascal Ramirez                                                                                                 Total Purchase Payment: $150,000.00
                  Male / Issue Age 60                                                                                                  Death Benefit: Guaranteed Return of Premium
                  Joint Annuitant:Fabian Ramirez                                                                      Annuity Payout Option: Joint and Survivor Life w/10 Years Certain
                  Female / Issue Age 35

                  Assumes Gross Hypothetical Return based on History of Portfolio Selected

                                                                                                                                 Death
                                                                                       Account Detail                                                   Living Benefit
                                                                                                                                 Benefit
                                                                                                                                                                         GMIB Annual
                     Contract              Portfolio                                                         Surrender        Death Benefit               Guar Income     Income For
                      Anniv     Year       Return          Age        Withdrawals Account Value               Value              Value      Account Value    Base             Life

                        1       1988       10.40%           61              0               162,152           150,801            162,152      162,152      162,152             0
                        2       1989        7.52%           62              0               170,617           160,380            170,617      170,617      170,617             0
                        3       1990        6.17%           63              0               177,227           168,365            177,227      177,227      177,227             0
                        4       1991        8.00%           64              0               187,332           179,839            187,332      187,332      187,332             0
                        5       1992       12.99%           65            9,367             197,985           192,046            197,985      197,985      197,985             0
                        6       1993       12.20%           66            9,899             207,683           203,529            207,683      207,683      207,683             0
                        7       1994        1.12%           67           10,384             194,857           192,909            194,857      194,857      197,299             0
                        8       1995       15.14%           68            9,865             209,989           209,989            209,989      209,989      209,989             0

                        10      1997       13.35%           70           10,768             228,387           228,387            228,387      228,387      228,387          10,654
                        11      1998        6.49%           71           11,419             226,527           226,527            226,527      226,527      226,527          11,474
                        12      1999        4.65%           72           11,326             220,521           220,521            220,521      220,521      220,521          11,564
                        13      2000       12.01%           73           11,026             230,903           230,903            230,903      230,903      230,903          11,446
                        14      2001        2.65%           74           11,545             220,176           220,176            220,176      220,176      220,176          12,193
                        15      2002       -0.11%           75           11,009             203,853           203,853            203,853      203,853      209,167          11,835
                        16      2003       12.79%           76           10,458             214,718           214,718            214,718      214,718      214,718          11,452
                        17      2004        5.87%           77           10,736             211,648           211,648            211,648      211,648      211,648          11,981
                        18      2005        7.53%           78           10,582             212,127           212,127            212,127      212,127      212,127          12,043

                        20      2007       -5.06%           80           11,003             192,856           192,856            192,856      192,856      209,057          13,043




                                                       This is your basic illustration and is valid only if all pages are included.
Prepared by: Peter Robinson                                                      For presentation in: NY                                                                     Version: 1.0
Form: ALT-09754                                                                        Page 4 of 7                                                               Prepared on: 06/13/2008
                  ACME Variable Annuity
                  Prepared for:Pascal Ramirez                                                                                                  Total Purchase Payment: $150,000.00
                  Male / Issue Age 60                                                                                                   Death Benefit: Guaranteed Return of Premium
                  Joint Annuitant:Fabian Ramirez                                                                       Annuity Payout Option: Joint and Survivor Life w/10 Years Certain
                  Female / Issue Age 35

                  Protected Withdrawal Basis and Account Values
                    Before Income Begins

                              $200,000




                              $150,000




                              $100,000




                               $50,000




                                   $0
                                    2008                     2009                            2010                            2011                    2012
                                                                                             Year


                                           Account Value based on 0.00%                        Guaranteed Income Base based on 0.00%
                                           Account Value based on Historical Rates


                    The chart above illustrates beginning of year Account Values for the interest assumptions selected and the Guaranteed Income Base for
                    Withdrawals based on a 0.00% assumption.


                                                        This is your basic illustration and is valid only if all pages are included.
Prepared by: Peter Robinson                                                       For presentation in: NY                                                                     Version: 1.0
Form: ALT-09754                                                                         Page 5 of 7                                                               Prepared on: 06/13/2008
                  ACME Variable Annuity
                  Prepared for:Pascal Ramirez                                                                                                   Total Purchase Payment: $150,000.00
                  Male / Issue Age 60                                                                                                    Death Benefit: Guaranteed Return of Premium
                  Joint Annuitant:Fabian Ramirez                                                                        Annuity Payout Option: Joint and Survivor Life w/10 Years Certain
                  Female / Issue Age 35

                  Cumulative Income & Account Values
                    After Withdrawals Begin

                              $250,000




                              $200,000




                              $150,000




                              $100,000




                               $50,000




                                   $0
                                    2013   2014   2015   2016     2017     2018      2019     2020     2021     2022      2023     2024   2025   2026   2027
                                                                                              Year


                                             Account Value based on 0.00%                   Account Value based on Historical Rates
                                             Cumulative Income based on 0.00%               Cumulative Income based on Historical Rates


                    The chart above illustrates the beginning of year Account Values and the Cumulative Income for the interest assumptions selected.


                                                         This is your basic illustration and is valid only if all pages are included.
Prepared by: Peter Robinson                                                        For presentation in: NY                                                                     Version: 1.0
Form: ALT-09754                                                                          Page 6 of 7                                                               Prepared on: 06/13/2008
                  ACME Variable Annuity
                  Prepared for:Pascal Ramirez                                                                                                    Total Purchase Payment: $150,000.00
                  Male / Issue Age 60                                                                                                     Death Benefit: Guaranteed Return of Premium
                  Joint Annuitant:Fabian Ramirez                                                                         Annuity Payout Option: Joint and Survivor Life w/10 Years Certain
                  Female / Issue Age 35


                   I have received and read a copy of this illustration and understand that any non-guaranteed elements illustrated are subject to change and could be higher or
                   lower. The agent has told me that they are not guaranteed.




                   Signature of Applicant or Owner                                                         Date

                   I certify that this illustration has been presented to the applicant or owner and that I have explained that any nonguaranteed elements illustrated are subject to
                   change. I have not made any statements that are inconsistent with the illustration




                   Signature of Agent                                                                      Date



                   Peter Robinson, CLU
                   Robinson Insurance Agency
                   786 Chestnut Street
                   Suite 125
                   Philadelphia, PA 19102
                   Office: 215-4359301, extension 678
                   Fax: 215-4357543
                   Email: PRobinson@RobAgency.com




                                                          This is your basic illustration and is valid only if all pages are included.
Prepared by: Peter Robinson                                                         For presentation in: NY                                                                     Version: 1.0
Form: ALT-09754                                                                           Page 7 of 7                                                               Prepared on: 06/13/2008

								
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