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Builder IUL  , Rapid Builder IUL  , Guarantee Builder IUL  , Builder Plus IUL, Survivorship GIUL, Legacy Optimizer North A...
Table of Contents Overview                                                                                                ...
The key component to all life insurance is to provide financial protection for those loved ones left behind should the une...
Products Built to Fit Your Clients  Needs Whether your clients are considering life insurance for personal or business nee...
Be sure to complete the mandatory IUL certification exam before your first IUL sale   Indexed UL Markets Those interested ...
Indexed UL Markets  continued        Key Person  I UL offers death benefit protection that can help business owners should...
Premium Buckets Premium may be received at different times, so North American   s IUL plans use Index Segments or    bucke...
Index Period Start and End Dates        An Index Segment is created on the date a  premium is allocated or a transfer is m...
Index Crediting Methods  Credited Interest Rate  The Index Crediting Method refers to the way that the change in the index...
Credited Interest Rate Examples  A.  Index Cap Rate is 12 , Index Participation Rate is 100 , and Index Floor Rate is 0 . ...
Index Selections Current rates can be found on our website, www.NorthAmericanCompany.com, or on the Builder IUL Series Cur...
Transfers Out of an Index Segment        Money can be transferred out of an Index Segment only at the end of an Index Peri...
Index Crediting Method Examples The Index Crediting Method refers to the way that the change in the index value is calcula...
2.   Daily Averaging   When using the Daily Averaging method, the index change is determined by comparing the  average of ...
3.   Multi-Index Annual Point-to-Point   When using the Multi-Index Point-to-Point method, the movement of  three differen...
4.   Monthly Point-to-Point   The monthly point-to-point crediting method will apply the index credit after the end of the...
5.  Annual Point-to-Point with Spread  When using the Annual Point-to-Point with Spread method, the index  change is deter...
Product Specifications The following product specifications are highlights of our Builder IUL, Guarantee Builder IUL, Rapi...
No Lapse Guarantee  Builder IUL  Guarantee Builder IUL       The duration of the No Lapse Guarantee periods vary by issue ...
Builder IUL Interest Bonus on      Contractually guaranteed interest bonus is 0.75  in Index Account years 11 .       The ...
Policy Costs  continued   Guideline Premium and Cash Value Accumulation Tests  Builder IUL  Guarantee Builder IUL       Cu...
Access to Cash Value8 Builder IUL Partial Withdrawals  Guarantee Builder IUL  Rapid Builder IUL  Builder Plus IUL      Par...
Builder IUL Variable Interest Rate Loans   Guarantee Builder IUL  Builder Plus IUL  Rapid Builder IUL  Description     Var...
Builder IUL  Guarantee Builder IUL  Builder Plus IUL  Rapid Builder IUL  An ideal benefit for those clients that will use ...
Builder IUL  Guarantee Builder IUL  Rapid Builder IUL  Builder Plus IUL  Protected Death The Protected Death Benefit is an...
Rapid Builder IUL Waiver of Surrender Charge Option Available on Rapid Builder IUL, the election of this option can help y...
Builder Plus IUL Account Interest Multiplier Builder Plus IUL includes a guaranteed minimum 10  Account Interest Multiplie...
Chronic Illness   OTE  Chronic Illness benefit described below is not available in California. Refer to Accelerated Death ...
     Children   s Term Insurance Rider This rider provides term coverage on all children of the base insured, either biolo...
Other Options North American makes it easier for your clients to manage their insurance policy with by offering the option...
Underwriting Listed below is underwriting information for Builder IUL, Guarantee Builder IUL, and Rapid Builder IUL, and B...
Substandard Table ratings are available for both medical and non-medical reasons based on issue ages  ages vary by product...
How to Apply Refer to Forms Factory, on our website at www.NorthAmericanCompany.com, for life application and supplemental...
Glossary Account Value The Account Value is the sum of the Fixed Account Value plus the Index Account Value. Fixed Account...
241NM      FOR AGENT USE ONLY. NOT TO BE USED FOR CONSUMER SOLICITATION PURPOSES.      4 18   35
CALIFORNIA NOTE  Agents offering, marketing or selling accelerated benefits for chronic illness must be able to describe t...