Agent Guide Issued by Forethought Life Insurance Company Forethought® Freedom S

Agent Guide Issued by Forethought Life Insurance Company Forethought® Freedom SM M6143-06 © 2013 Forethought 0113 FOR AGENT USE ONLY – NOT FOR USE WITH CONSUMERS M6143-06 © 2013 Forethought 0113 FOR AGENT USE ONLY – NOT FOR USE WITH CONSUMERS The Forethought® Freedom SM Advantages .......................................... 2 Forethought® Freedom SM Market ............................................................ 3 Forethought® Freedom SM Product .......................................................... 4 Agent Responsibilities ................................................................................ 5 Application Process ..................................................................................... 7 Completing the Application ..................................................................... 8 Forethought Contact Information ....................................................... 11 Table of Contents 1 M6143-06 © 2013 Forethought 0113 FOR AGENT USE ONLY – NOT FOR USE WITH CONSUMERS With Forethought Life Insurance Company (“Forethought”), you can be confident your client’s security comes first. We’ve been providing final expense products for over a quarter century. Forethought Life Insurance Company is a stable and secure financial institution and is consistently rated A- “Excellent” by AM Best. As our valued partner, we want to provide you the necessary tools to positively impact the lives of the families and communities you serve. The following guide was created to make the Forethought® FreedomSM application and underwriting interview process as easy as possible for you and your client. Why Forethought® Freedom SM? • Simplified-issue whole life product • Comprehensive Underwriting Medical Conditions Guide • Medication Listing • Online, fillable applications available in all states1 • Supplemental Benefits at no additional cost* – Accelerated Death Benefit – Accidental Death Benefit – Grandchildren’s Benefit • Forethought UniversitySM Training & CE Opportunities – Access to both live and recorded webinars – Online continuing education through www.successce.com • Access to Online Reporting at www.forethought.com •  Point-of-sale interviews with decisions rendered in less than 15 minutes • Product available in 48 states and the District of Columbia* • Low, competitive premiums •  Commissionable policy fee and commission advance for qualified agents •  No commission reduction for Graded or Return of Premium death benefit Forethought® Freedom SM Advantages 1 Product not available in NY or WA. * All underwriting classes and supplemental benefits not available in all states. ©  2013 Forethought 0113 FOR AGENT USE ONLY – NOT FOR USE WITH CONSUMERS M6143-06 2 Forethought® Freedom SM Market Forethought® Freedom SM is a great choice for your client’s final expense needs. Low premiums, easy to understand policy language and a simple underwriting process combine to make this a prime product for the following: The Silent Generation • Approximately 32 million people • Born from 1930–1945 • Average median income of $25,000 • Modest and conservative • Seeking protection for their family The Baby Boomer Generation • Approximately 77 million people • Born from 1945–1960 • Average median income $42,000 •  Representing $1 trillion in annual spending power • Preparing for their retirement years M6143-06 ©  2013 Forethought 0113 FOR AGENT USE ONLY – NOT FOR USE WITH CONSUMERS 3 Forethought® Freedom SM is a whole life insurance product designed to help your client cover the costs associated with end-of-life expenses. These include funeral expenses, medical bills, and other obligations that may occur when the client passes away. In addition to being a simplified-issue product, Forethought® FreedomSM provides your families with a unique value offering. Following are highlights of the benefits offered with this product. 1 Not available in all states. 2  Coverage may vary state by state. Not all supplemental benefits are available in all states. 3  Available to issue ages 50 through 70 only. Coverage terminates on the policy anniversary following attained age 75. Not available for all risk classifications. 4  Less any policy loans, premiums due, and a transaction fee. The policy terminates following payment of the Accelerated Death Benefit and cannot be reinstated. Not available for all risk classifications. May not be available during the first 12 or 24 policy months. 5  All coverage under this benefit terminates on the earlier of the payment of one Grandchildren’s Benefit or termination of the base policy for any reason. Grandchildren age 18 and over at policy issue will not be covered. Coverage for any particular grandchild will end on his or her 22nd birthday. 6 Certain restrictions apply. Forethought® Freedom SM Product 4 • End-of-life planner • Retirement planning tools Forethought Planning Tools via www.forethought.com/ planning tools Additional Benefits • Upon death of the insured, beneficiaries receive the full policy amount, less loans or premium due, within 48 hours 6 • Quick policy turnaround •  Option of policy delivery to agent or client •  Point-of-sale interviews with decisions rendered in less than 15 minutes Level Death Benefit Graded Death Benefit Return of Premium Death Benefit Male/female Smoker/non cigarette smoker  (non cigarette smoker is defined as not having used cigarettes in the last 12 months) Example: • 60 year old, nonsmoker, male • $10,000 face amount • Monthly APA premium for life • Level: Full death benefit $45.00 annual premium x 10 = $450.00 Annual policy fee + 39.00 Annual premium $489.00 Monthly APA mode factor x 0.0865 Monthly APA premium $42.30 Monthly EFT..................................0.0865 Quarterly........................................0.2600 Semiannual. ...................................0.5150 Annual.............................................1.0000 Life Pay Level.........................................................50–80 Graded. ....................................................50–80 Return of Premium . ............................50–80 Issue Ages: Underwriting Classes1: Premium Calculation Example: Premium Modal Factors: Level Full face amount and Supplemental Accidental Death Benefit available Graded Non-Accidental Death = Percentage of face amount from policy issue Within 1st Year = 30% of face amount Within 2nd Year = 70% of face amount In year 3 + = full face amount Accidental Death = Full face amount and Supplemental Accidental Death Benefit available Return of Premium Non-Accidental Death = Return of Premium (percentage based) from policy issue Within first two years = 110% of premium paid In year 3 + = full face amount Accidental Death = Full face amount only Supplemental Accidental Death Benefit not available Death Benefits1: $39.00 (commissionable) Annual Policy Fee: Min. Max. Level $2,500 $25,000 Graded $2,500 $15,000 Return of $2,500 $10,000 Premium Face Amounts: Supplemental Benefits1, 2: Accelerated Death Benefit Provides payout of 97% of the base policy face amount if a licensed physician determines a life expectancy of six months or less4 Accidental Death Benefit Pays an amount equal to the Face Amount, in addition to the Face Amount, if death is due to a covered accident. This benefit is available immediately3 Grandchildren’s Benefit Provides coverage for eligible grandchildren ages six months up to 18 years old. An eligible grandchild is determined to be natural or legally adopted. The benefit amount is $5,000 or the base policy face amount, whichever is lower, and will be paid only one time. The benefit does not have a conversion privilege. 5 FORETHOUGHT® FreedomSM PRODUCT Highlights FORETHOUGHT® FreedomSM Service Highlights M6143-06 ©  2013 Forethought 0113 FOR AGENT USE ONLY – NOT FOR USE WITH CONSUMERS Agent Responsibilities Advertising Agent access and communication Authority of agents Contracts and licenses Market conduct Policy submission Rebating Replacement Solicitation Agents shall not use or authorize any advertisement, circular, company logo, news release or other communication using Forethought’s name or our product names (whether written, audio or visual) without prior written approval by us. Agents must not disclose any confidential information to any unauthorized person or entity. Without limiting the generality of the foregoing, confidential information of Forethought includes information regarding computer program processes, products and rate setting, names and addresses and any other personal financial or health information of any of Forethought’s policyholders. Agents are authorized to solicit applications for insurance on such plans as offered by Forethought, to collect the initial premium, and to perform such other duties as Forethought may require. Agents are not authorized to make, alter, or discharge policies or any other contracts for Forethought, or to waive forfeitures, grant permits, make extra rates for special risk, or bind Forethought in any way. An agent must be a licensed resident and/or non-resident (if applicable) producer, contracted with Forethought, and receive a Forethought writing number, prior to soliciting business, and before taking an application for insurance in these states. Agents must remain in compliance with all applicable anti-money laundering laws and regulations and continuing education requirements. Agents should fax an application with a voided check to Forethought at 1-877-432-1646 or email it to final.expense@forethought.com. Agents shall not, under any circumstances, pay or allow, or offer to pay or allow any rebate of premiums in any manner, directly or indirectly, and shall not violate any of the laws relating to the subject of insurance of any state in which the agent may be acting on behalf of Forethought. Agents will not, directly or indirectly, engage in any marketing activities with the intent or effect of replacing in-force Forethought life insurance business. Should such replacement activity take place, commissions will be adjusted according to company rules. Agents shall inform their prospective client, prior to commencing a life insurance sales presentation, that he or she is acting as an independent life insurance agent and inform the prospective purchaser of the full name of the insurance company which the agent is representing to the buyer. 5 M6143-06 ©  2013 uploads/Geographie/ freedom-agent-guide.pdf

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