1 pr-1299 3/09 for agent use only. not to be used for consumer solicitation purposes. rapid builder...

1PR-1299 3/09 FOR AGENT USE ONLY. NOT TO BE USED FOR CONSUMER SOLICITATION PURPOSES.

Rapid Builder IUL isDesigned to Provide:

• Early cash value growth

• Early access to cash value

• New index options

• Additional marketable opportunities

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The Basics

• Indexed universal life insurance• Issue age to age 80 (age last birthday)

• No mortality charges beyond age 100

• Rolling target

• Commission chargeback only if waiver of surrender charge option selected– 3-year chargeback (100%/75%/25%)

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Focused Features and Design• No premium load• Waiver of surrender charge option with table shaving feature• Interest rate bonus of 0.50%

– Conditionally guaranteed on fixed account*– Guaranteed on indexed account– Beginning in policy year 16

• Overloan Protection Benefit• Protected Death Benefit

– Protects a specified amount– Allows continued income– Minimum 15 years in force and age 65. Level death benefit option only.

• Return of Premium (ROP) death benefit option* Not available in TX.

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Additional Valuable Riders and Features

• Chronic Illness Accelerated Benefit Rider (CIABR)

• Accelerated Benefit Endorsement

• Accidental Death Benefit Rider

• Automatic Distribution Option

• Waiver of Monthly Deduction Rider

• Waiver of Surrender Charge Endorsement

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Rapid Builder Index Options and Crediting Methods

• S&P 500® (Daily averaging or Point-to-Point)

• DJIASM (Daily averaging or Point-to-Point)

• DJ EURO STOXX 50 ® (Point-to-Point)

• Uncapped S&P 500® (Point-to-Point)

• Multi-Index (Point-to-Point)

– 50% best; 30% 2nd best; 20% 3rd best– S&P 500®; Russell 2000®; DJ EURO STOXX 50®

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Markets• Business

– Executive Bonus

– Non-qualified Deferred Compensation Plan

– Buy-Sell Agreement

• 1035 Exchange• Premium Financing*

• Wealth Transfer

• Retirement Supplement* Subject to North American’s Premium Financing guidelines.

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1035 Exchange

• Competitive performance

• No premium loads

• Waiver of Surrender Charge Option– Overcome surrender charge objections*

– Competitive underwriting with table shaving feature

* If the Waiver of Surrender Charge Option is selected, the Surrender Charges will be waived unless the policy is surrendered as a 1035 exchange and subsequently sent to another company.

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Premium Financing*

• Early access to cash value

• No premium loads

• Waiver of Surrender Charge Option

• Strong illustrated performance

• ROP death benefit option

* Subject to North American’s Premium Financing guidelines.

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Wealth Transfer

• Projects a high death benefit for heirs• No premium loads• Waiver of Surrender Charge Option

– Overcome surrender charge objections

– Competitive underwriting with table shaving feature

• Chronic Illness Accelerated Benefit Rider• MEC or Non-MEC

* If the Waiver of Surrender Charge Option is selected, the Surrender Charges will be waived unless the policy is surrendered as a 1035 exchange and subsequently sent to another company.

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Retirement Supplement

• Strong performance

• Attractive index options

• Protected Death Benefit

• Chronic Illness Accelerated Benefit Rider

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Sales Support800-800-3656 ext. 10411

[email protected]

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DisclosuresNeither North American Company nor its agents give tax or legal advice. Please advise your clients to consult with and rely on a qualified legal or tax advisor before entering into or paying additional premiums with respect to such arrangements.

Index Universal Life products are not an investment in the “market” or in the applicable index and are subject to all policy fees and charges normally associated with most universal life insurance.•“Standard & Poor's®”, “S&P®”, “S&P 500®”, “Standard & Poor’s 500”, and “500” are trademarks of The McGraw-Hill Companies, Inc. and have been licensed for use by North American Company for Life and Health Insurance.•“Dow Jones” and “DOW JONES INDUSTRIAL AVERAGESM (DJIASM) COMPOSITE STOCK PRICE INDEX” are service marks of Dow Jones & Company, Inc. and have been licensed for use for certain purposes by North American Company for Life and Health Insurance.•The Dow Jones EURO STOXX 50® is the intellectual property of (including registered trademarks) STOXX Limited, Zurich, Switzerland and/or Dow Jones & Company, Inc., a Delaware corporation, New York, USA, (the "Licensors"), which is used under license. The securities based on the Index are in no way sponsored, endorsed, sold or promoted by the Licensors and neither of the Licensors shall have any liability with respect thereto.•Russell 2000® Index is a trademark of Frank Russell Company and has been licensed for use by North American Company for Life and Health Insurance.The North American Company indexed universal life products are not sponsored, endorsed, sold or promoted by Standard & Poor’s®”, Dow Jones, or Russell 2000® and they make no representation regarding the advisability of purchasing this contract or investing in these products.

North American Company is not affiliated with Capital Management Strategies, Inc. Premium financing strategies may not be suitable for everyone. North American Company and its agents do not provide tax or legal advice. Clients should consult with and rely upon their own tax advisors and legal counsels before entering into such agreements. Only select agents will be eligible to participate in this program. Information is subject to change.

For complete product and rider details please refer to the Builder IUL Series marketing guide (PR-1275). Rapid Builder IUL is issued on policy form series LS169, Accelerated Benefit Endorsement is issued on form series LR352A, Accidental Death Benefit Rider is issued on form series LR370A, Chronic Illness Accelerated Benefit Rider (Accelerated Benefit Rider for Continuous Confinement in MN) is issued on form series LR450A, Waiver of Monthly Deductions Rider is issued on form series LR416A, Waiver of Surrender Charge Endorsement is issued on form series LR417A; or state variations by North American Company for Life and Health Insurance, Executive Office, Chicago, IL 60607. Products, features, riders, endorsement or issue ages may not be available in all jurisdictions. Restrictions or limitations may apply.

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1 pr-1299 3/09 for agent use only. not to be used for consumer solicitation purposes. rapid builder...

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