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Why Indexed Universal Life?

Indexed Universal Life is flexible-premium adjustable life insurance that combines the death-benefit guarantees of life insurance with the opportunity to earn interest linked to the upward movement of a stock market index - without the risk of market loss.

Midland National's Indexed Life portfolio offers a combination of features unlike any in the market and gives you the opportunity to meet the needs of all your clients through three market-specific products.

XL-CV2 [Indexed Life-Cash Value 2]

Highly competitive product designed primarily for long-term cash value.
Performs best at higher funding levels with minimum non-MEC face amounts.
Offers high target premiums.

XL-EC [Indexed Life-Early Cash]

Highly competitive no-premium-load product designed primarily for early-cash value accumulation.
Performs well with moderate level funding and older ages.
Offer the option to waive all surrender charges¹, along with Table Shaving (substandard through Table D issued as Standard).

XL-DB [Indexed Life-Death Benefit]

Highly competitive low-cost permanent insurance product designed for long-term death-benefit guarantees and cash-value accumulation.
Performs well at lower level funding and for 1035 exchanges under age 65.
Offers death-benefit guarantees of any duration (by XPGR Rider).

With each of these products, your clients have the ability to advance up to 24% of their death benefit per year through our no-cost ABR-C rider should they need help paying for expenses surrounding a chronic illness.

Why Choose Midland National's XL [Indexed Universal Life] products?

Midland National Indexed Universal Life portfolio offers a combination of features unlike any in the market:

11 index selections - four index selections with NO CAP²
Index growth participation rates as high as 115 percent²
Three percent Minimum Policy Fund Value
A Systematic Premium Allocation program
Rolling Targets
Products appropriate for a wide range of markets, including non-qualified deferred compensation, executive bonus and supplemental retirement income
Company rated A+ (Superior) by A.M. Best - since 1980!³

Midland National's, XL-EC, XL-DB, XL-CV2 indexed universal life insurance policies are issued on form series L129, L130, and L133, respectively, and the Premium Guarantee Rider is issued on form series TR126 by Midland National Life Insurance Company, Executive Office, Sioux Falls, SD. Products, features or riders may not be available in all jurisdictions. Limitations or restrictions may apply. Indexed 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. Surrenders made during a Surrender Charge Period may reduce the death benefit and cash value.

¹Available for an additional charge of $.04 -.06 per $1,000 per month depending on issue age.

²The No-Cap Index Rate and 115 percent Index Participation Rate are only available when the Daily Averaging crediting method is elected. These rates are based on current rates and are subject to change.

³A.M. Best is a large third-party independent reporting and rating company that rates an insurance company on the basis of the company's financial strength, operating performance and ability to meet its obligations to policyowners. A+ is the second highest rating out of 15 categories and was assigned to Midland National Life Insurance Company on January 4, 2008. For the latest rating, access www.ambest.com.