# EDGAR Filing Document

**Accession Number:** 0000832908
**File Stem:** 0001104659-26-022340
**Filing Date:** 2026-3
**Character Count:** 1157837
**Document Hash:** 9135c57b2a1cbb2a0f6928594e4134d3
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-26-022340.hdr.sgml**: 20260302

**ACCESSION NUMBER**: 0001104659-26-022340

**CONFORMED SUBMISSION TYPE**: N-6/A

**PUBLIC DOCUMENT COUNT**: 62

**FILED AS OF DATE**: 20260302

**DATE AS OF CHANGE**: 20260302

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PACIFIC SELECT EXEC SEPARATE ACCT PACIFIC LIFE INS
- **CENTRAL INDEX KEY:** 0000832908

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** CA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** N-6/A
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05563
- **FILM NUMBER:** 26709378

**BUSINESS ADDRESS:**
- **STREET 1:** PO BOX 7500
- **CITY:** NEWPORT BEACH
- **STATE:** CA
- **ZIP:** 92658-7500
- **BUSINESS PHONE:** 7146403743

**MAIL ADDRESS:**
- **STREET 1:** PO BOX 7500
- **CITY:** NEWPORT BEACH
- **STATE:** CA
- **ZIP:** 92658-7500
**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PACIFIC SELECT EXEC SEPARATE ACCT PACIFIC LIFE INS
- **CENTRAL INDEX KEY:** 0000832908

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** CA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** N-6/A
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-287190
- **FILM NUMBER:** 26709377

**BUSINESS ADDRESS:**
- **STREET 1:** PO BOX 7500
- **CITY:** NEWPORT BEACH
- **STATE:** CA
- **ZIP:** 92658-7500
- **BUSINESS PHONE:** 7146403743

**MAIL ADDRESS:**
- **STREET 1:** PO BOX 7500
- **CITY:** NEWPORT BEACH
- **STATE:** CA
- **ZIP:** 92658-7500

## Series and Classes Contracts Data

### Pacific Select Exec Separate Account of Pacific Life (811-05563) (Series ID: S000007938)

| Class ID   | Class Name        | Ticker Symbol   |
|:---|:---|:---|
| C000262406 | MVP VUL Admiral 2 |  |

#### As filed with the Securities and Exchange Commission on March 2, 2026<br>Registration Nos.

#### 333-287190<br>811-05563

#### SECURITIES AND EXCHANGE COMMISSION <br> Washington, D.C. 20549

#### FORM N-6

---

| | |
|:---|:---|
| **REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933** | **X** |
| **Pre-Effective Amendment No. 1** | **X** |
| **Post-Effective Amendment No.**  | **O** |

---

#### and/or

---

| | |
|:---|:---|
| **REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940** | **X** |

---

---

| | |
|:---|:---|
| **Amendment No. 657** | **X** |

---

**PACIFIC SELECT EXEC SEPARATE ACCOUNT OF<br>PACIFIC LIFE INSURANCE COMPANY**<br>(Exact Name of Registrant)

**PACIFIC LIFE INSURANCE COMPANY**<br>(Name of Depositor)

**700 Newport Center Drive<br>Newport Beach, California 92660**<br>(Address of Depositor's Principal Executive Offices) (Zip Code)

**(949) 219-3011**<br>(Depository's Telephone Number, including Area Code)

#### Alison Ryan
**Assistant Vice President and Managing Assistant General Counsel II<br>Pacific Life Insurance Company<br>700 Newport Center Drive<br>Newport Beach, California 92660**<br>(Name and Address of Agent for Service)

Approximate Date of Proposed Public Offering: The Registrant hereby amends this Registration Statement on such date or dates as may be necessary to delay its effective date until the Registrant shall file a further amendment which specifically states that this

------

Registration Statement shall become effective in accordance with Section 8(a) of the Securities Act of 1933 or until this Registration Statement shall become effective on such date as the Commission, acting pursuant to said Section 8(a), may determine.

It is proposed that this filing will become effective (check appropriate box)

**O** immediately upon filing pursuant to paragraph (b) of Rule 485<br>**O** on pursuant to paragraph (b) of Rule 485<br>**O** 60 days after filing pursuant to paragraph (a)(1) of Rule 485<br>**O** on ________ pursuant to paragraph (a)(1) of Rule 485

If appropriate, check the following box:

**O** This post-effective amendment designates a new date for a previously filed post-effective amendment.

The registrant hereby amends this registration statement on such date or dates as may be necessary to delay its effective date until the registrant shall file a further amendment which specifically states that this registration statement shall thereafter become effective in accordance with Section 8(a) of the Securities Act of 1933 or until the registration statement shall become effective on such date as the Securities and Exchange Commission, acting pursuant to said Section 8(a), may determine.

------

**The information in this prospectus is not complete and may be changed. We may not sell these securities until the registration statement filed with the Securities and Exchange Commission is effective. This prospectus is not an offer to sell these securities, and it is not soliciting an offer to buy these securities in any state where the offer or sale is not permitted.**

#### MVP VUL Admiral 2 <sup></sup>PROSPECTUS [May 1, 2026] <br>
MVP VUL Admiral 2 a *flexible premium variable universal life insurance policy* issued by Pacific Life Insurance Company ("Pacific Life") through the Pacific Select Exec Separate Account of Pacific Life.

● *Flexible premium* means you can vary the amount and frequency of your premium payments. You must, however, pay enough premiums to cover the ongoing costs of Policy benefits.

● *Variable* means the Policy's value depends on the performance of the Variable Investment Options you choose available under the Policy. Other investment options that may be available under the Policy include the Fixed Options and Indexed Fixed Options.

● *Universal life insurance* means you can accumulate cash value and the Policy provides a Death Benefit to the Beneficiary you choose.

**You should be aware that the Securities and Exchange Commission (SEC) has not approved or disapproved of the securities or passed upon the accuracy or adequacy of the disclosure in this prospectus. Any representation to the contrary is a criminal offense.** 

Additional information about certain investment products, including variable life insurance, has been prepared by the SEC's staff and is available at *Investor.gov*.

Certain Investment Options, Policy features and benefits described in this Prospectus may vary or may not be available depending on the broker-dealer through which the Policy is sold. See **APPENDIX: FINANCIAL INTERMEDIARY VARIATIONS** in this Prospectus for more information.

If you are a new investor in the Policy, you may cancel your Policy within 10 days of receiving it without paying fees or penalties. In some states, this cancellation period may be longer. Upon cancellation, you will receive either a full refund of the amount you paid with your application or your total Policy value, plus any Policy charges and fees deducted, less Policy Debt. You should review this prospectus, or consult with your financial professional, for additional information about the specific cancellation terms that apply. In order to sell this product, a financial professional must be a properly licensed and appointed life insurance producer.

**Withdrawals are not permitted during the first year of the Policy, but the Policy may be surrendered during the first year. You should speak with your financial professional about Policy features, Investment Options, benefits, risks, and fees and whether the Policy is appropriate for you when considering your financial situation and objectives.** 

This Policy is not available in all states. This prospectus is not an offer in any state or jurisdiction where we are not legally permitted to offer the Policy. This Policy is subject to availability, is offered at our discretion, and may be discontinued for purchase at any time. The Policy is described in detail in this prospectus and its Statement of Additional Information (SAI). Each Fund is described in its prospectus and in its SAI. No one has the right to describe the Policy or any Fund any differently than they have been described in these documents.

This material is not intended to be used, nor can it be used by any taxpayer, for the purpose of avoiding U.S. federal, state or local tax penalties. Pacific Life, its distributors and their respective representatives do not provide tax, accounting or legal advice. Any taxpayer should seek advice based on the taxpayer's particular circumstances from an independent tax advisor.

**This Policy is not a deposit or obligation of, or guaranteed or endorsed by, any bank. It's not federally insured by the Federal Deposit Insurance Corporation (FDIC), the Federal Reserve Board, or any other government agency. Investment in a Policy involves risk, including possible loss of principal and previous earnings.**

------

#### **TABLE OF CONTENTS**

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**[<u>Special Terms</u>](#new_id)** | **[2](#new_id)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**[IMPORTANT INFORMATION YOU SHOULD CONSIDER ABOUT THE POLICY](#new_id-0)** | **[9](#new_id-0)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**[Overview of the Policy](#new_id-1)** | **[13](#new_id-1)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**[FEE TABLES](#new_id-2)** | **[15](#new_id-2)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**[PRINCIPAL RISKS OF INVESTING IN THE POLICY](#new_id-3)** | **[19](#new_id-3)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**[POLICY BASICS](#new_id-4)** | **[23](#new_id-4)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**[DEATH BENEFITS](#new_id-5)** | **[30](#new_id-5)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**[<u>OTHER BENEFITS AVAILABLE UNDER THE POLICY</u>](#new_id-6)** | **[38](#new_id-6)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**[<u>OPTIONAL RIDERS AND BENEFITS</u>](#new_id-7)** | **[45](#new_id-7)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**[HOW PREMIUMS WORK](#new_id-8)** | **[93](#new_id-8)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**[YOUR POLICY'S ACCUMULATED VALUE](#new_id-9)** | **[97](#new_id-9)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**[YOUR INVESTMENT OPTIONS](#new_id-10)** | **[104](#new_id-10)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**[YOUR INVESTMENT OPTIONS](#new_id-11)** | **[105](#new_id-11)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**[Indexed Fixed Options](#new_id-12)** | **[107](#new_id-12)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**[Transferring Among Investment Options and Market-timing Restrictions](#new_id-13)** | **[119](#new_id-13)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**[Transfer Services](#new_id-14)** | **[122](#new_id-14)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**[WITHDRAWALS, SURRENDERS AND LOANS](#new_id-15)** | **[124](#new_id-15)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**[<u>VARIABLE LIFE INSURANCE AND YOUR TAXES</u>](#new_id-16)** | **[136](#new_id-16)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**[ABOUT PACIFIC LIFE](#new_id-17)** | **[140](#new_id-17)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[How Our Accounts Work](#new_id-18) | [140](#new_id-18) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**[Voting Rights](#new_id-19)** | **[141](#new_id-19)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Distribution Arrangements](#new_id-20) | [142](#new_id-20) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[State Regulation](#new_id-21) | [144](#new_id-21) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Legal Proceedings and Legal Matters](#new_id-22) | [144](#new_id-22) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Financial Statements](#new_id-23) | [144](#new_id-23) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**[APPENDIX: FUNDS AVAILABLE UNDER THE POLICY](#new_id-24)** | **[145](#new_id-24)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**[ALLOWABLE INVESTMENT OPTIONS](#new_id-25)** | **[151](#new_id-25)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**[APPENDIX: STATE LAW VARIATIONS](#new_id-26)** | **[152](#new_id-26)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**[<u>APPENDIX: FINANCIAL INTERMEDIARY VARIATIONS</u>](#new_id-27)** | **[158](#new_id-27)** |

---

#### Where To Go For More Information back cover

#### SPECIAL TERMS
In this prospectus, *you* or *your* mean the policyholder or Owner. *Pacific Life, we, us* or *our* refer to Pacific Life Insurance Company. *Policy* means a MVP VUL Admiral 2 variable universal life insurance policy, unless we state otherwise.

We have tried to make this prospectus easy to read and understand, but you may find some words and terms that are new to you. We have identified some of these below.

If you have any questions, please ask your financial professional or call us at (800) 347-7787. In order to sell this product, a financial professional must be a properly licensed and appointed life insurance producer.

**1 – Year High Cap Plus Indexed Account** – an Account that is part of our General Account. We credit interest on the Indexed Account, in part, based on any positive change in an Index. This Account offers a guaranteed participation rate of 100%, a 15% guaranteed minimum Growth Cap, a guaranteed Segment Adjustment Factor equal to 0.60, and a 0% guaranteed interest rate. This Account is called "1 Year Indexed Account 6" in your Policy.

**1 – Year Indexed Account** – an Account that is part of our General Account. We credit interest on the Indexed Account, in part, based on any positive change in an Index. This Account offers a guaranteed participation rate of 100%, a 2% guaranteed minimum Growth Cap, a guaranteed Segment Adjustment Factor equal to 1.00, and a 0% guaranteed interest rate. This Account is called "1 Year Indexed Account" in your Policy.

(See the **INDEXED FIXED OPTIONS** section in this prospectus for a summary table of the differences between the Indexed Accounts.)

**Accounts** – consist of the Fixed Account, the Variable Accounts, the Indexed Accounts, and the Standard Loan Account, each of which may be referred to as an Account.

------

**Account Addition** – will increase the Fixed Account Value, Variable Account Value, and/or the Indexed Account Value based on your allocation instructions, except Additional Credits attributed to the Fixed Option will be added proportionately to the Fixed Option and Additional Credits attributed to the Variable Options will be added proportionately to the Variable Options. Account Additions may consist of Premium payments, loan repayments and any applicable Additional Credits.

**Account Deductions** – treated as a proportionate deduction from the Fixed and Variable Account Value until each have been reduced to zero. Any remaining deductions will be deducted proportionately from each Segment Value across all segments in the Indexed Accounts. In lieu of the above and at our sole discretion, we may make available the option for the Owner(s) to select the Fixed or Variable Accounts and amounts where the Account Deductions are taken from. Call us to confirm that this option is available.

**Accumulated Value** – the total amount of your Policy's Variable Account Value, Fixed Account Value, Indexed Account Value and the Standard Loan Account Value, on any Business Day.

**Additional Credit** – Beginning as early as the 11th Policy Year, at our discretion and on a non-guaranteed basis, we may credit the Accumulated Value with an additional amount. The additional amount, if any, will be credited no less frequently than annually as an Account Addition. Once credited, the additional amount is nonforfeitable except indirectly due to any Surrender Charge. The calculated additional credited rate varies by multiple factors, including, but not limited to, the amounts of Coverage Layers and whether they are Basic Life Coverage or provided under a Rider, and the Policy's Net Accumulated Value, and will vary across Policies.

**Age** – the Insured's age on his/her birthday nearest the Policy Date. We add one year to this Age on each Policy Anniversary.

**Alternate Loan** – a loan (available through the Alternate Loan Rider 3) that is secured by the Designated Account Value (the loan amount secured remains in designated Indexed Accounts). The amount you may borrow is determined, in part, by how much of your Accumulated Value is allocated to the designated Indexed Accounts.

**Alternate Loan Value** – the sum of the value of all Alternate Loans taken minus any Alternate Loan repayments

**Alternate Policy Debt** – the amount necessary to repay any Alternate Loan in full. It is equal to the Alternate Loan Value plus any accrued Alternate Loan Interest Charged.

**Basic Face Amount** – is the sum of the Face Amounts of all Basic Life Coverage Layers on the Insured. The Basic Face Amount of the initial Basic Life Coverage is shown in the Policy Specifications.

**Basic Life Coverage** – is insurance Coverage on the Insured provided by the Policy as shown in the Policy Specifications and any related Supplemental Schedule of Coverage. See Coverage Layer.

**Basic Life Coverage Layer** – is a layer of insurance Coverage on the Insured provided by the Policy. There will be one or more Basic Life Coverage Layers created at issue. Multiple Basic Life Coverage Layers will be created at issue if a Policy is issued with multiple Risk Classes and each Basic Life Coverage Layer will have a different Basic Face Amount, Risk Class, and set of charges. In addition, each increase in Basic Face Amount will create a new Basic Life Coverage Layer. Each Basic Life Coverage Layer has its own Basic Face Amount, Risk Class, Coverage Layer Date, and set of charges. The Basic Life Coverage layer(s) at issue will be shown in the Policy Specifications and any additional Basic Life Coverage Layer(s) added after issue will be shown in the Supplemental Schedule of Coverage.

**Beneficiary** – the person, people, entity or entities you name to receive the Death Benefit Proceeds.

**Business Day** – Each day the New York Stock Exchange ("NYSE") is open for regular trading. Each Business Day ends when the NYSE closes each day which is typically 4:00 p.m. Eastern Standard Time. In this Prospectus, references to "day" or "date" means Business Day unless otherwise specified. If any transaction or event called for under a Policy is scheduled to occur on a day that is not a Business Day, such transaction or event will be deemed to occur on the next following Business Day unless otherwise specified. If any transaction is requested for a day that does not exist in a given calendar month, it will occur on the last day of such month. Any systematic pre-authorized transaction scheduled to occur on December 30th or December 31st where that day is not a Business Day will be deemed an order for the last Business Day of the calendar year and will be calculated using the applicable values at the close of that Business Day. A Business Day is also called a valuation day in your Policy.

**Cash Surrender Value** – the Policy's Accumulated Value less any Surrender Charge.

**Cash Value Accumulation Test** – one of two Death Benefit Qualification Tests available under the Policy, and defined in Section 7702(b) of the Tax Code.

**Class** – is used in determining Policy charges, interest credited to your Policy, including but not limited to Additional Credits, features of the Indexed Accounts, certain limitations on Policy features and benefits, and depends on a number of factors, including but not limited to the, Death Benefit, Death Benefit Option, Face Amount by Basic Life Coverage or Coverage provided under a Rider, Policy Date, Policy duration, premiums paid, source of premium, Policy ownership structure, underwriting type, reinsurance, the Age and Risk Class of the Insured, requested or scheduled additions or increases of Coverage Layers, and the presence and attributes of Policy features, including optional Riders, and benefits. See the **YOUR INVESTMENT OPTIONS – Fixed Options** 

------

**and YOUR INVESTMENT OPTIONS – Indexed Fixed Options** sections in this prospectus for further details about how interest is credited.

**Closing Value** – the value of the Index as of the close of the New York Stock Exchange, which is usually 4:00 p.m. Eastern time. If an Index is traded on an exchange other than the New York Stock Exchange, we will use that exchange's Closing Value. If no Closing Value is published for a given day, we will use the Closing Value for the next day for which the Closing Value is published. In calculating the change in value of the Index, we use the Closing Value of the Index.

**Code or Tax Code** – is the U.S. Internal Revenue Code of 1986, as amended.

**Coverage** – insurance coverage on the Insured as provided by the Policy or other attached Riders.

**Coverage Layer** – is insurance coverage on the Insured provided by the Policy or under an optional Rider. Generally, increases in the Basic Face Amount under the Policy or additional life insurance Coverage added by a Rider are referred to as a "Coverage Layer".

**Coverage Layer Date** – is the effective date of a particular Coverage Layer and is the date used to determine Coverage Layer months, years and anniversaries. The Coverage Layer Date for the initial Coverage Layer is the Policy Date as shown in the Policy Specifications.

**Cutoff Date** – 4:00 p.m. Eastern time, two Business Days before the Segment Start Date.

**Death Benefit** – the amount which is payable on the date of the Insured's death.

**Death Benefit Proceeds** – the amount which is payable to the Beneficiary on the date of the Insured's death, adjusted as provided in the Policy.

**Death Benefit Qualification Test** – either the Cash Value Accumulation Test or the Guideline Premium Test. This test determines what the lowest Minimum Death Benefit should be in relation to a Policy's Accumulated Value. Each test available under the Policy is defined in Section 7702 of the Tax Code.

**Designated Account** – an Indexed Account that we have classified as a Designated Account for the purposes of securing an Alternate Loan. We may add or remove Designated Accounts, at our discretion. See *Changes to Designated Accounts* below for additional information.

**Designated Account Value** – the sum of the Segment Values for all Segments in each Designated Account.

**Designated Amount** – the amount you instruct us to allocate to an Indexed Fixed Option classified as a Designated Account. We will only transfer the Designated Amount (or such lesser amount if Policy charges have been deducted, or if you have taken a withdrawal or Standard Loan) to an Indexed Fixed Option on a Segment Start Date. Any interest earned on the Designated Amount while it is allocated to the Fixed Account will not be transferred to an Indexed Fixed Option on a Segment Start Date.

**Evidence of Insurability** – is information, including among other things, medical information, satisfactory to us that is used to determine insurability and the Insured's Risk Class, subject to our approval and issue limits.

**Face Amount** – the amount used to determine the Death Benefit on the Insured provided by the Basic Life Coverage or Coverage under a Rider, as shown in the Policy Specifications and any related Supplemental Schedule of Coverage. The Face Amount is subject to increase or decrease as provided elsewhere in the Policy.

**Fixed Account** – an Account that is part of our General Account. Net Premiums and Accumulated Value under the Policy may be allocated to this Account for accumulation at a fixed rate of interest declared by us.

**Fixed Account Value** – the total amount of your Policy's value allocated to the Fixed Account.

**Fixed Options** – Investment Options that are part of our General Account and that consist of one or more Fixed Accounts available under this Policy. Currently, the only Fixed Option available for investment as of the Policy Date is the Fixed Account.

**Free Look Right** – your right to cancel (or refuse) your Policy and return it for a refund.

**Free Look Transfer Date** – the day we transfer Accumulated Value from the Fidelity<sup>®</sup> VIP Government Money Market Variable Account to the Investment Options you chose.

**Fund** – one of the funds providing underlying portfolios for the Variable Investment Options offered under the Policy.

**General Account** – includes all of our assets, except for those held in the Separate Account, or any of our other separate Accounts.

------

**Grace Period** – a 61-day period, beginning on the date we send you, and anyone to whom you have assigned your Policy, notice that your Policy's Accumulated Value less Total Policy Debt is insufficient to pay the Monthly Deduction. The Grace Period gives you 61 days in which to pay sufficient premium to keep your Policy In Force and prevent your Policy from lapsing.

**Growth Cap** – the maximum total interest rate for a Segment over the Segment Term, as described in the Indexed Fixed Options, including both Minimum Segment Guaranteed Interest Rate and the Segment Indexed Interest Rate.

**Guideline Premium Limit** – the maximum amount of premium or premiums that can be paid for any given Face Amount in order to qualify the Policy as life insurance for tax purposes as specified in the Guideline Premium Test.

**Guideline Premium Test** – one of two Death Benefit Qualification Tests available under the Policy, and defined in Section 7702(a)(2) of the Tax Code.

**Illustration** – a display of hypothetical Policy benefits over time to show how the Policy and certain Riders operates based on the assumed Age and Risk Class of an Insured, Basic Coverage or Coverage provided under a Rider, Death Benefit Option, premium payments, any other Rider requested, and historical or hypothetical gross rate(s) of return, which are not guaranteed and likely not to occur in the future.

**Index** – The Standard & Poor's 500<sup>®</sup> Composite Stock Price Index, excluding dividends ("S&P 500<sup>®</sup>"). Each Index is a price return index and the performance of an Index does not include income from any dividends or other distributions paid by the Index's component companies. If dividends and other distributions were included, the Index performance would be higher.

**Indexed Account** – an Account that is part of our General Account under the Contract to which Accumulated Value may be transferred or allocated to. The Indexed Account provides for credited interest based in part on the positive performance of a particular Index. Currently, there are two Indexed Accounts – the 1-Year Indexed Account and the 1-Year High Cap Plus Indexed Account.

**Indexed Account Value** – the total amount of your Policy's Accumulated Value allocated to the Indexed Accounts. The Indexed Account Value will not include Segment Indexed Interest for any Segments that have not reached Segment Maturity.

**Indexed Fixed Options** – Investment Options that are part of our General Account and that consist of one or more of the Indexed Accounts available under this Policy. The Indexed Accounts available as of the Policy Date are the 1-Year Indexed Account and the 1-Year High Cap Plus Indexed Account.

**Index Growth Rate** – a rate that represents the change in value (up or down) of an Index from the Segment Start Date to Segment Maturity. We use this rate to help determine what amount may be credited as interest to an Indexed Account.

Numerically, the Index Growth Rate is (b ÷ a) – 1, where:

a = The Closing Value of the Index as of the day before the beginning of the Segment Term; and

b = The Closing Value of the Index as of the day before the end of the Segment Term.

**In Force** – means a Policy is in effect and provides a Death Benefit on the life of the Insured.

**In Proper Form** – is when we will process your requests once we receive all letters, forms or other necessary documents, completed to our satisfaction. In Proper Form may require, among other things, a notarized signature or some other proof of authenticity that is required for us to act on a Written Request.

We do not generally require such proof, but we may ask for proof if it appears that your signature has changed, if the signature does not appear to be yours, if we have not received a properly completed application or confirmation of an application, or for other reasons to protect you and us. Call us or contact your financial professional if you have questions about the In Proper Form requirement for a request.

**Insured** – the person on whose life the Policy is issued.

**Investment Option** – consist of the Variable Options, any available Fixed Options, any available Indexed Fixed Options, or any additional Investment Options that may be added.

**Lockout Period** – a 12-month period of time during which you may not make any transfers into the Indexed Fixed Options. A Lockout Period begins any time a deduction is taken from the Indexed Fixed Options as a result of a Standard Loan or withdrawal that is not part of a Systematic Distribution Program.

**Long Term Performance Rider ("LTPR") – an optional Rider available with the Policy that provides additional insurance Coverage on the Insured along with the Basic Face Amount of the Policy. LTPR Coverage cannot be issued on a Policy with SVER Coverage.**

**LTPR Termination Charge ("Termination Charge")** – each LTPR Coverage Layer has its own Termination Charge that applies for 10 Policy Years after the Coverage Layer Date. If you terminate the LTPR while the Policy is still In Force, we will assess the Termination Charge against your Policy's Accumulated Value and the Policy Surrender Charge will be reduced by and no longer

------

include the surrender charge associated with the LTPR Coverage.

Each subsequent increase in LTPR Coverage will result in an additional LTPR Coverage Layer that has its own Termination Charge that applies for 10 Policy Years following the Coverage Layer Date.

**Minimum Death Benefit** – is based on the Death Benefit Qualification Test for the Policy and at any time will be no less than the minimum amount we determine to be required for this Policy to qualify as life insurance under the Code. The Minimum Death Benefit is equal to the Minimum Death Benefit Percentage multiplied by the Cash Surrender Value as determined under applicable tax law.

**Minimum Death Benefit Percentage** – is a factor used to determine the Minimum Death Benefit. This factor will depend on the Death Benefit Qualification Test that you have chosen. The Minimum Death Benefit Percentages as of the Policy Date are shown in the Policy Specifications.

**Minimum Segment Guaranteed Interest Rate** – the minimum annual rate that will be used to help determine the Segment Guaranteed Interest, if any, and the Segment Indexed Interest Rate. Currently the rate is 0% and is guaranteed to never be lower than 0%.

**Modified Endowment Contract** – a type of life insurance policy as described in Section 7702A of the Tax Code, which receives less favorable tax treatment on distributions of cash value than conventional life insurance policies. Classification of a Policy as a Modified Endowment Contract is generally dependent on the amount of premium paid during the first seven Policy Years, or after a material change has been made to the Policy.

**Monthly Deduction** – an amount that is deducted monthly from your Policy's Accumulated Value on the Monthly Payment Date until the Monthly Deduction End Date. See the **YOUR POLICY'S ACCUMULATED VALUE – Monthly Deductions** section in this prospectus for more information.

**Monthly Deduction End Date** – is the date when Monthly Deductions end as shown in the Policy Specifications. This date is the Policy Anniversary when the Insured attains age 121.

**Monthly Payment Date** – the day we deduct monthly charges from your Policy's Accumulated Value. The first Monthly Payment Date is your Policy Date, and it is the same day each month thereafter.

**Net Accumulated Value** – the Accumulated Value less any Total Policy Debt.

**Net Amount At Risk** – the difference between the Death Benefit payable if the Insured died and the Accumulated Value of your Policy. We use a Net Amount At Risk to calculate the Cost of Insurance Charge. For Cost of Insurance Charge purposes, the Net Amount At Risk is equal to the Death Benefit as of the most recent Monthly Payment Date divided by 1.0008295, reduced by the Accumulated Value of your Policy.

**Net Cash Surrender Value** – the Cash Surrender Value less any Total Policy Debt.

**Net Premium** – premium paid less any premium load deducted.

**Owner** – the person named on the application who makes the decisions about the Policy and its benefits while it is In Force. Two or more Owners are called *Joint Owners*. See the **POLICY BASICS – Owners, the Insured, and Beneficiaries** section in this prospectus for more information.

**Participation Rate** – the percentage of the Index Growth Rate used to calculate the Segment Indexed Interest Rate.

**Policy Anniversary** – the same day as your Policy Date every year after we issue your Policy.

**Policy Date** – the date upon which life insurance coverage under the Policy becomes effective. The Policy Date is used to determine the Monthly Payment Date, Policy months, Policy Years, and Policy monthly, quarterly, semi-annual and annual anniversaries.

**Policy Specifications** – summarizes information specific to your Policy at the time the Policy is issued. We will send you updated Policy Specification pages or supplemental schedules if you change your Policy's Face Amount or any of the Policy's other benefits.

**Policy Year** – starts on your Policy Date and each Policy Anniversary and ends on the day before the next Policy Anniversary.

**Premium Band** – the amount used to determine any surplus premium load that may apply for premium paid that is greater than the Premium Band amount.

**Riders** – provide extra benefits, some at additional cost. Any optional Rider which offers additional life insurance Coverage on the Insured will have an initial Face Amount and any increase may also be referred to as a "Coverage Layer".

**Risk Class** – is determined during the underwriting process and is used to determine certain Policy charges. The Risk Class of each Insured is shown in the Policy Specifications. The Risk Class of each Insured for any additional coverage added after issue will be

------

shown in the Supplemental Schedule of Coverage.

**Scheduled Annual Renewable Term Rider ("S-ARTR") –** an optional Rider available with the Policy that provides additional scheduled increases in insurance Coverage on the Insured generally without the requirements for future medical underwriting.

**Segment** – a portion of your Accumulated Value in an Indexed Fixed Option. We create a Segment when Accumulated Value is transferred from the Fixed Account to an Indexed Fixed Option.

**Segment Adjustment Factor** – one factor used in determining the final Segment Indexed Interest that is credited at Segment Maturity.

**Segment Guaranteed Interest** – the interest we credit daily to each Segment in the 1-Year Indexed Account and 1-Year High Cap Plus Indexed Account from the Segment Start Date to the Segment Maturity at an annual rate equal to 0% for the Indexed Fixed Options.

**Segment Indexed Interest** – at Segment Maturity, Segment Indexed Interest, if any, will be credited to the Segment and is equal to the Segment Indexed Interest Rate for that Segment multiplied by the average of all Segment monthly balances over the entire Segment Term. That amount will then be multiplied by the Segment Adjustment Factor to determine the final Segment Indexed Interest credited at Segment Maturity.

**Segment Indexed Interest Rate** – this is the rate that will be applied to a Segment at Segment Maturity to determine the Segment Indexed Interest after adjustment for any Participation Rate or any Growth Cap limits. The calculation for the Segment Indexed Interest Rate is described below.

The Segment Indexed Interest Rate for the 1-Year Indexed Account and the 1-Year High Cap Plus Indexed Account reflects any growth in the Index, multiplied by the Participation Rate, subject to the Growth Cap, that exceeds the Minimum Segment Guaranteed Interest Rate. It is equal to the lesser of (a × b) and c - d, but not less than zero where:

a = Index Growth Rate

b = Participation Rate

c = Growth Cap

d = Minimum Segment Guaranteed Interest Rate

**Segment Maturity** – the end of the Segment Term and the date we calculate any Segment Indexed Interest and credit it to the Segment.

**Segment Maturity Value** – the value of the Segment at Segment Maturity, including any Segment Indexed Interest.

**Segment Start Dates** – the dates on which transfers or Segment Maturity reallocations into the Indexed Fixed Options may occur, generally the 15<sup>th</sup> of each month as shown in your Policy Specifications. We use a Segment Start Date to determine Segment months and Segment years.

**Segment Term** – a one-year period beginning on the Segment Start Date and ending on the Segment Maturity date.

**Segment Value** – the amount transferred to an Indexed Fixed Option from the Fixed Account on the Segment Start Date. After the Segment Start Date, the Segment Value equals a + b - c + d where:

a = The Segment Value as of the previous day;

b = The Segment Guaranteed Interest since the previous day;

c = Any Segment Deductions since the previous day; and

d = Any Segment Indexed Interest credited only at Segment Maturity.

**Separate Account** – the Pacific Select Exec Separate Account, a separate account of ours registered as a unit investment trust under the Investment Company Act of 1940.

**Standard Loan** – a loan taken under the Policy and secured by the Policy Accumulated Value amount transferred to the Standard Loan Account.

**Standard Loan Account** – an account which holds amounts transferred from the Investment Options as collateral for Standard Loans.

**Standard Loan Account Value** – the total amount of your Policy's Accumulated Value allocated to the Standard Loan Account.

**Standard Policy Debt** – the amount necessary to repay any Standard Loan in full. It is equal to the Standard Loan Account plus

------

any accrued loan interest charge.

**Supplemental Schedule of Coverage** – is the written notice we will provide you reflecting certain changes made to your Policy after the Policy Date.

**Surrender Charge** – a charge that will apply for the first 10 Policy Years for the initial Basic Life Coverage Layer and the initial Long Term Performance Rider Coverage Layer ("LTPR"), if any, that reduces the Policy's Accumulated Value if you surrender your Policy. If the LTPR is in effect, the total Policy Surrender Charge is increased by the surrender charge associated with the LTPR Coverage. Each subsequent increase in Basic Life or LTPR Coverage will result in an additional Coverage Layer that has its own Surrender Charge that applies for 10 Policy Years following the Coverage Layer Date.

**Surrender Value Enhancement Rider 3 ("SVER")** – an optional Rider available under the Policy that provides additional insurance Coverage on the Insured along with the Basic Face Amount of the Policy. SVER Coverage cannot be issued on a Policy with LTPR Coverage.

**Systematic Distribution Program** – a program of periodic distribution that we designate, which includes periodic distribution of the Policy's Accumulated Value through Policy loans and withdrawals while the Insured is alive and the Policy is In Force.

**Total Face Amount** – the sum of all Basic Face Amounts and the Face Amounts of any Riders providing life insurance coverage on the Insured, unless specifically excluded. The Total Face Amount is used in determining the Death Benefit under this Policy and the initial Total Face Amount is shown on the cover of your Policy or subsequent Supplemental Schedule of Coverage.

**Total Interest Credited** – the sum of Segment Indexed Interest plus Segment Guaranteed Interest that we credit to a Segment within the Indexed Fixed Options.

**Total Policy Debt** – is equal to the sum of any Standard Policy Debt plus any Alternate Policy Debt.

**Variable Account** – a subaccount of the Separate Account which invests in shares of a corresponding underlying Fund.

**Variable Account Value** – the total amount of your Policy's Accumulated Value allocated to the Variable Accounts.

**Variable Investment Option ("Variable Option")** – a Variable Account available under this Policy that is a subaccount of the Separate Account.

**When the Policy is In Force** – this Policy is In Force as of the latest of the Policy Date, your acceptance of the delivered Policy, and your payment of the initial premium.

**Written Request or In Writing** – your signed request in writing, that is received by us at our Administrative Office In Proper Form, containing information needed to act on the request. Written Request includes an electronic request provided in a form acceptable to us. <br>

------

#### IMPORTANT INFORMATION YOU SHOULD CONSIDER ABOUT THE POLICY

---

| | | | | |
|:---|:---|:---|:---|:---|
| **FEES AND EXPENSES** | **FEES AND EXPENSES** | **FEES AND EXPENSES** | **FEES AND EXPENSES** | **LOCATION IN PROSPECTUS** |
| **Charges for Early Withdrawals**  | If you fully surrender your Policy within the first 10 years of Policy issue or any Basic Life Coverage Layer or Long Term Performance Rider ("LTPR") Coverage Layer added to the Policy (each Coverage Layer will have its own 10-year Surrender Charge period from its Coverage Layer Date), you will be assessed a Surrender Charge of up to a maximum of 1.71% ($17.10) per $1,000 of Basic Face Amount plus 5.70% ($57.00) per $1,000 of Face Amount added by the LTPR. This charge will vary based on the individual characteristics of the Insured and other options chosen. <br>For example, if you fully surrender your Policy within the first 10 years of Policy issue, you could pay a Surrender Charge up to $1,710 on $100,000 of Basic Face Amount. | If you fully surrender your Policy within the first 10 years of Policy issue or any Basic Life Coverage Layer or Long Term Performance Rider ("LTPR") Coverage Layer added to the Policy (each Coverage Layer will have its own 10-year Surrender Charge period from its Coverage Layer Date), you will be assessed a Surrender Charge of up to a maximum of 1.71% ($17.10) per $1,000 of Basic Face Amount plus 5.70% ($57.00) per $1,000 of Face Amount added by the LTPR. This charge will vary based on the individual characteristics of the Insured and other options chosen. <br>For example, if you fully surrender your Policy within the first 10 years of Policy issue, you could pay a Surrender Charge up to $1,710 on $100,000 of Basic Face Amount. | If you fully surrender your Policy within the first 10 years of Policy issue or any Basic Life Coverage Layer or Long Term Performance Rider ("LTPR") Coverage Layer added to the Policy (each Coverage Layer will have its own 10-year Surrender Charge period from its Coverage Layer Date), you will be assessed a Surrender Charge of up to a maximum of 1.71% ($17.10) per $1,000 of Basic Face Amount plus 5.70% ($57.00) per $1,000 of Face Amount added by the LTPR. This charge will vary based on the individual characteristics of the Insured and other options chosen. <br>For example, if you fully surrender your Policy within the first 10 years of Policy issue, you could pay a Surrender Charge up to $1,710 on $100,000 of Basic Face Amount. | **Fee Tables** <br>**Surrendering Your Policy** <br>**Optional Riders and Benefits** |
| **Transaction Charges** | **In addition to Surrender Charges, you may also be charged for other transactions. These other charges may include charges for each premium paid, withdrawal charges for partial withdrawals, Termination Charges for terminating the LTPR, fees to exercise the Overloan Protection 3 Rider, transfer fees for transfers among the Investment Options, fees for Illustration requests, unscheduled face amount increases for certain Riders, and for requests to increase or exercise certain benefits under an optional Rider.** | **In addition to Surrender Charges, you may also be charged for other transactions. These other charges may include charges for each premium paid, withdrawal charges for partial withdrawals, Termination Charges for terminating the LTPR, fees to exercise the Overloan Protection 3 Rider, transfer fees for transfers among the Investment Options, fees for Illustration requests, unscheduled face amount increases for certain Riders, and for requests to increase or exercise certain benefits under an optional Rider.** | **In addition to Surrender Charges, you may also be charged for other transactions. These other charges may include charges for each premium paid, withdrawal charges for partial withdrawals, Termination Charges for terminating the LTPR, fees to exercise the Overloan Protection 3 Rider, transfer fees for transfers among the Investment Options, fees for Illustration requests, unscheduled face amount increases for certain Riders, and for requests to increase or exercise certain benefits under an optional Rider.** | **Fee Tables**<br>**Deductions From Your Premiums**<br>**Making Withdrawals** |
| **Ongoing Fees and Expenses (annual charges)** | In addition to Surrender Charges and transaction charges, an investment in the Policy is subject to certain ongoing fees and expenses, including fees and expenses covering the cost of insurance under the Policy, administrative charges, asset charges, coverage charges, interest on any Policy loans, and the cost of optional benefits available under the Policy. <br>Certain fees and expenses are set based on characteristics of the Insured (e.g. age, sex, and rating classification). Please review the Policy Specifications page of your Policy for rates applicable to your Policy. <br>**You will also bear expenses associated with the Variable Investment Options you choose under the Policy, as shown in the following table:** | In addition to Surrender Charges and transaction charges, an investment in the Policy is subject to certain ongoing fees and expenses, including fees and expenses covering the cost of insurance under the Policy, administrative charges, asset charges, coverage charges, interest on any Policy loans, and the cost of optional benefits available under the Policy. <br>Certain fees and expenses are set based on characteristics of the Insured (e.g. age, sex, and rating classification). Please review the Policy Specifications page of your Policy for rates applicable to your Policy. <br>**You will also bear expenses associated with the Variable Investment Options you choose under the Policy, as shown in the following table:** | In addition to Surrender Charges and transaction charges, an investment in the Policy is subject to certain ongoing fees and expenses, including fees and expenses covering the cost of insurance under the Policy, administrative charges, asset charges, coverage charges, interest on any Policy loans, and the cost of optional benefits available under the Policy. <br>Certain fees and expenses are set based on characteristics of the Insured (e.g. age, sex, and rating classification). Please review the Policy Specifications page of your Policy for rates applicable to your Policy. <br>**You will also bear expenses associated with the Variable Investment Options you choose under the Policy, as shown in the following table:** | **Fee Tables**<br>**Monthly Deductions**<br>**Appendix: Funds Available Under the Policy** |
|  | **ANNUAL FEE**  | **MINIMUM** | **MAXIMUM** | **Fee Tables**<br>**Monthly Deductions**<br>**Appendix: Funds Available Under the Policy** |
|  | **Variable Investment Options (Fund fees and expenses)** | [0.03%<sup>1</sup> | 1.93%]<sup>1</sup> | **Fee Tables**<br>**Monthly Deductions**<br>**Appendix: Funds Available Under the Policy** |

---

<sup>1</sup> As a percentage of Fund net assets.

------

---

| | | |
|:---|:---|:---|
| **RISKS** | **RISKS** | **LOCATION IN PROSPECTUS** |
| **Risk of Loss** | You can lose money by investing in the Policy, including loss of principal and any prior earnings. | **Principal Risks of Investing in the Policy** |
| **Not a Short-Term Investment** | This Policy is not a short-term investment and is not appropriate for an investor who needs ready access to cash. The Policy is designed to provide a Death Benefit. This Policy may not be the right kind of policy if you plan to withdraw money or surrender your Policy for short-term needs. Withdrawals are not allowed in the first Policy Year.<br>Surrender Charges apply for up to 10 years after Policy issue and following each Basic Life or LTPR Coverage Layer added to the Policy. A surrender and withdrawal may be subject to negative tax consequences, including a potential 10% federal income tax penalty if taken before age 59½. If there is a reduction in the Face Amount of a Basic Life Coverage Layer or LTPR Coverage Layer, including decreases due to withdrawals, the Surrender Charge for the affected Coverage Layer will not change | **Principal Risks of Investing in the Policy** <br>**Changing the Face Amount** <br>**Surrendering Your Policy** |
| **Risks Associated with Investment Options** | An investment in this Policy is subject to the risk of poor investment performance and can vary depending on the performance of the Investment Options available under the Policy (e.g. the Variable Investment Options). <br>Each Investment Option (including any Fixed Option or Indexed Fixed Option) will have its own unique risks. <br>You should review, working with your financial professional, the Investment Options before making an investment decision. | **Principal Risks of Investing in the Policy**<br>**Investment Options - Fixed Options**<br>**Investment Options - Indexed Fixed Options**<br>**Appendix: Funds Available Under the Policy** |
| **Insurance Company Risks** | Investment in the Policy is subject to the risks related to us, and any obligations (including any Fixed Option or Indexed Fixed Option), guarantees, or benefits are subject to our claims-paying ability. If we experience financial distress, we may not be able to meet our obligations to you. More information about us, including our financial strength ratings, is available upon request by calling us at (800) 347-7787 or visiting our website at www.PacificLife.com. | **Principal Risks of Investing in the Policy**<br>**About Pacific Life** |
| **Policy Lapse** | Your Policy remains In Force as long as you have sufficient Net Accumulated Value to cover your Policy's Monthly Deductions of Policy charges. Insufficient premium payments, poor investment performance, withdrawals, and unpaid loans or loan interest may cause your Policy to lapse – which means no Death Benefit will be paid. There are costs associated with reinstating a lapsed Policy and there is no guarantee that a reinstatement will be approved. | **Principal Risks of Investing in the Policy**<br>**Lapsing and Reinstatement** |

---

------

---

| | | |
|:---|:---|:---|
| **RESTRICTIONS** | **RESTRICTIONS** | **LOCATION IN PROSPECTUS** |
| **Investment Options** | Not all Investment Options may be available to you. <br>Transfers between Investment Options are generally limited to 25 each calendar year. Any transfers to or from the Fixed Account will be counted towards the 25 allowed each calendar year unless part of a transfer program (for example, the first year transfer service) or the transfer is from the Fixed Account to an Indexed Fixed Option. <br>Transfers to or from a Variable Investment Option cannot be made before the seventh calendar day following the last transfer to or from the same Variable Investment Option. Additional Fund transfer restrictions apply. There is a $25 fee per transfer in excess of 12 transfers per Policy Year. We do not currently impose this charge. <br>Under the Fixed Options, there may be frequency, amount and/or percentage limits on the amount that may be transferred into or out of the Fixed Options. These limits are significantly more restrictive than those that apply to transfers into or out of the Variable Investment Options. It may take several Policy Years to transfer your Accumulated Value out of the Fixed Options to the Variable Investment Options. Additional Fixed Option transfer restrictions apply. <br>Under the Indexed Fixed Options, once a Segment is created, you cannot transfer out of a Segment until the end of the Segment Term. Money may be transferred from a Segment for withdrawals and Standard Policy Loans, however, if the withdrawal or loan was not part of a systematic distribution program, you will not be able to transfer into an Indexed Fixed Option for a 12-month period. Additional Indexed Fixed Option transfer restrictions apply. <br>Certain Funds may stop accepting additional investments into their Fund or may liquidate a Fund. In addition, if a Fund determines that excessive trading has occurred, they may limit your ability to continue to invest in their Fund for a certain period of time. <br>We reserve the right to remove, close to new investment, or substitute Funds as Investment Options. Additionally, we reserve the right to remove or change the Fixed Options and the Fixed Indexed Options. | **Transferring Among Investment Options and Market-Timing Restrictions**<br>**Transfer Services** <br>**Loans**<br>**Indexed Fixed Options**<br>**Appendix: Funds Available Under the Policy**<br>**Appendix: Financial Intermediary Variations** |
| **Optional Benefits** | We offer several optional benefits in the form of a Rider to the Policy that may only be selected at Policy issue. A Rider may have an additional charge and could be subject to conditions to exercise or underwriting. Your selection of certain optional Riders may result in restrictions on some Policy benefits. Not all Riders are available in every state. There are conditions under which an optional benefit may be modified or terminated by us, as provided in this prospectus. We may stop offering an optional benefit at any time for new Policy purchases. <br>If you purchased the Flexible Duration No-Lapse Guarantee Rider, at initial purchase and during the entire time that you own this Rider, you must allocate 100% of the Accumulated Value among the allowable Investment Options. as indicated under the **APPENDIX: FUNDS AVAILABLE UNDER THIS POLICY** – Allowable Investment Options section in this prospectus. | **Death Benefits** <br>**Optional Riders and Benefits** <br>**Appendix: Funds Available Under the Policy** <br>**Appendix: Financial Intermediary Variations** |

---

---

| | | |
|:---|:---|:---|
| **TAXES** | **TAXES** | **LOCATION IN PROSPECTUS** |
| **Tax Implications** | Consult with a tax professional to determine the tax implications of an investment in and payments received under the Policy. Withdrawals may be subject to ordinary income tax and may be subject to tax penalties. Tax consequences for loans and withdrawals generally differ. There is no additional tax benefit to you if the Policy is purchased through a tax-qualified plan. | **Variable Life Insurance and Your Taxes** |

---

------

---

| | | |
|:---|:---|:---|
| **CONFLICTS OF INTEREST** | **CONFLICTS OF INTEREST** | **LOCATION IN PROSPECTUS** |
| **Investment Professional Compensation** | Some financial professionals may receive compensation for selling this Policy to you in the form of commissions, additional cash compensation, and non-cash compensation. We may also provide additional payments in the form of cash, other special compensation or reimbursement of expenses to the financial professional's selling broker dealer. These financial professionals may have a financial incentive to offer or recommend this Policy over another investment. | **Distribution Arrangements** |
| **Exchanges** | Some financial professionals may have a financial incentive to offer you a new policy in place of the one you already own. <br>You should only exchange your policy if you determine, after comparing the features, fees, and risks of both policies, that it is preferable for you to purchase the new policy rather than continue to own the existing policy. | **Policy Exchanges**<br>**Distribution Arrangements** |

---

------

#### OVERVIEW OF THE POLICY
**Purpose** 

The primary purpose of the Policy is to provide life insurance Death Benefit protection and flexibility for premium payments, and investment selections to meet your specific life insurance needs. This Policy may be appropriate if you are looking to provide a Death Benefit for family members or others. Discuss with your financial professional whether this Policy, its optional benefits and its Investment Options are appropriate for you, taking into consideration your age, income, net worth, tax status, insurance needs, financial objectives, investment goals, liquidity needs, time horizon, risk tolerance and relevant information. Together you can decide if this Policy is right for you. Also, before you purchase this Policy, you may request a personalized illustration of your hypothetical future benefits under the Policy based on your personal characteristics (e.g. age and risk class), Face Amount of your Policy, Death Benefit Option, Death Benefit Qualification Test, planned premium, any Rider requested, and historical or hypothetical gross rate(s) of return.

**Premiums** 

After you pay the first premium payment, the Policy gives you the flexibility to choose the amount and frequency of your additional premium payments within certain limits. You may schedule your premium payments, referred to as planned premium, on an annual, semi-annual, quarterly, or monthly basis.

You are not required to pay any planned premiums. However, payment of insufficient premiums may result in a lapse of the Policy. There is no guarantee that your Policy will not lapse even if you pay your planned premium. Your Policy will lapse if the Accumulated Value, less Total Policy Debt, is not enough to cover the monthly charge on the day we make the deduction. If this occurs, your Policy will enter its Grace Period. The Grace Period is 61 days from the date we send you a notice that explains the sufficient amount to pay to keep your Policy In Force. During the Grace Period, your Policy will remain In Force and continue to provide a death benefit. If sufficient premium has not been made within the Grace Period, your Policy will lapse. You should consider a periodic review of your Coverage with your financial professional. This Policy offers riders that provide no-lapse protection for a certain period if rider conditions are met. See the No-Lapse Guarantee Rider and the Flexible Duration No- Lapse Guarantee Rider in the **OTHER BENEFITS AVAILABLE UNDER THE POLICY** section in this prospectus. Also see the **YOUR POLICY'S ACCUMULATED VALUE - Lapsing and Reinstatement** section in this prospectus.

Your Net Premium payments may be allocated to Variable Investment Options (each of which invests in a corresponding Fund), the Fixed Options which provide a guaranteed minimum interest rate, and/or Indexed Fixed Options which may credit interest based in part on the performance of an underlying Index.

**Additional information about the Funds is provided in the APPENDIX: FUNDS AVAILABLE UNDER THE POLICY section in this prospectus.** 

Federal tax law puts limits on the premium payments you can make in relation to your Policy's Death Benefit. We may refuse all or part of a premium payment you make, or remove all or part of a premium from your Policy and return it to you under certain circumstances, for example, if the amount of premium you paid would result in your Policy no longer qualifying as life insurance or becoming a Modified Endowment Contract under the Tax Code.

**Policy Features** 

*Death Benefit* 

While the Policy is In Force, we will pay Death Benefit Proceeds to the Beneficiary upon the death of the Insured. The Death Benefit Proceeds equal the Death Benefit plus any additional benefit provided by a rider less any outstanding loan or unpaid Policy charges. You may choose between three Death Benefit Options:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Option A – the Total Face Amount of the Policy,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Option B – the Total Face Amount of the Policy plus the Accumulated Value, or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Option C – the Total Face Amount of the Policy plus the total premiums that have been paid, less any withdrawals or distributions that reduce your Accumulated Value.

Policy charges vary depending on which Death Benefit Option or Death Benefit Qualification Test is selected.

*Withdrawals* 

You can withdraw part of the Accumulated Value starting on your Policy's first anniversary (no withdrawals may be made during the first year of the Policy but the Policy may be surrendered during the first year). Each withdrawal must be at least $200 and after a withdrawal, the remaining Accumulated Value less any loan amount must be at least $500. Making a withdrawal may have

------

tax consequences, increase the risk of the Policy lapsing, and reduce Policy values and the Death Benefit, perhaps significantly. Withdrawals may also be subject to a charge of $25 per withdrawal, but we are not currently imposing this charge. Withdrawals from an Indexed Account may result in a Lockout Period where no transfers into an Indexed Account can occur for a 12-month period.

*Surrender* 

You can surrender your Policy at any time while the Insured is alive. Any outstanding loan, loan interest, or Surrender Charge will be deducted and surrender proceeds will be paid in a single lump sum check. Upon surrender, you will have no life insurance Coverage or benefits under this Policy. The surrender proceeds, or a portion of, may be subject to tax consequences, including a possible tax penalty on Modified Endowment Contract policies for certain situations including, but not limited to surrendering a policy owned by a natural person(s) before age 59 ½. Please consult your tax advisor.

*Loans* 

You can borrow money from us any time after the Free Look Transfer Date to gain access to the Accumulated Value in the Policy. The maximum amount available to borrow is less than 100% of your Accumulated Value. There are two loan types that are available. The Standard Loan under your Policy and the Alternate Loan available by rider. Generally, the minimum amount you can borrow is $200 for a Standard Loan and $200 for an Alternate Loan. Loans may have tax consequences. See the **APPENDIX: STATE LAW VARIATIONS** section in this prospectus for a list of state variations to the minimum loan amount.

A Standard Loan is available based on the Accumulated Value allocated to any of the Investment Options (including the Indexed Accounts). An Alternate Loan is only available based on the Accumulated Value allocated to certain Indexed Accounts (referred to as Designated Accounts for Alternate Loan purposes) and is not available until Policy Year 3. Standard Loans using the Accumulated Value in an Indexed Account may result in a Lockout Period where no transfers into an Indexed Account can occur for a 12-month period.

When you borrow money from us under a Standard Loan, we use your Policy's Accumulated Value as security. You pay interest on the amount you borrow which is due on your Policy Anniversary. The Accumulated Value set aside to secure your loan is transferred to a Standard Loan Account which earns interest daily. Taking out a Standard Loan, whether or not you repay it, will affect the growth of your Policy's Accumulated Value since the amount used to secure the loan will not participate in the investment experience of the Investment Options, will not be available to pay any Policy charges, may increase the risk of the Policy lapsing, and could reduce the amount of the Death Benefit. When you borrow money from us under an Alternate Loan, we use the Accumulated Value in the Designated Accounts but the amount borrowed remains in the Indexed Accounts subject to the performance of that applicable Designated Account. We keep track of the amount borrowed as Alternate Loan Value and there is no loan interest earned for the amount tracked by that value. However, you pay interest on the amount you borrow which is due on your Policy Anniversary.

*Optional Benefits* 

The Policy offers the following Investment Option transfer services at no additional cost: dollar cost averaging, portfolio rebalancing, first year transfer, Fixed Option interest sweep, and the Scheduled Indexed Transfer program. You may only participate in one transfer service at any time. You can find additional information about the transfer services in the **OTHER BENEFITS AVAILABLE UNDER THE POLICY** section in this prospectus.

The Policy offers several riders (some for an additional charge) that provide supplemental benefits under the Policy. Your financial professional can help you determine if any of these riders are suitable for you. These riders may not be available in all states.

Any charges associated with each rider are presented in the **FEE TABLES** section in this prospectus.

Riders available:

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;Alternate Loan Rider 3  | Premier Chronic Illness Rider |
| &nbsp;&nbsp;&nbsp;&nbsp;Conversion Rider  | Premier Living Benefits Rider 2  |
| &nbsp;&nbsp;&nbsp;&nbsp;Flexible Duration No-Lapse Guarantee Rider  | Premier LTC Rider |
| &nbsp;&nbsp;&nbsp;&nbsp;Long Term Performance Rider  | Scheduled Annual Renewable Term Rider  |
| &nbsp;&nbsp;&nbsp;&nbsp;Minimum Indexed Benefit Rider  | Surrender Value Enhancement Rider 3  |
| &nbsp;&nbsp;&nbsp;&nbsp;No-Lapse Guarantee Rider  | Terminal Illness Rider |
| &nbsp;&nbsp;&nbsp;&nbsp;Overloan Protection 3 Rider  |  |

---

You can find additional information about the riders in the **OTHER BENEFITS AVAILABLE UNDER THE POLICY** and **OPTIONAL RIDERS AND BENEFITS** sections in this prospectus.

------

#### FEE TABLES
**The following tables describe the fees and expenses that you will pay when buying, owning, and surrendering or making withdrawals from the Policy. Please refer to your Policy Specifications page for information about the specific fees you will pay each year based on the options you have elected.** 

**The first table describes the fees and expenses that you will pay at the time you buy the Policy, surrender or make withdrawals from the Policy, or transfer Accumulated Value between Investment Options.** 

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**TRANSACTION FEES**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**TRANSACTION FEES**  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**CHARGE**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**WHEN CHARGE IS DEDUCTED**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**AMOUNT DEDUCTED**  |
| &nbsp;&nbsp;**Maximum Sales Charge Imposed on Premiums (Load)** Basic premium load <br>Surplus premium load <br>Internal premium load  | &nbsp;&nbsp;Upon receipt of premium<sup>5</sup> <br>Upon receipt of premium that exceeds the Premium band amount<sup>5</sup> <br>Upon receipt of a replacement or conversion of a policy you have with us<sup>5</sup>  | &nbsp;&nbsp;6.90% of basic premium 20.00% of surplus premium <br>6.90% of internal premium  |
| &nbsp;&nbsp;**Maximum Surrender Charge<sup>1</sup>**  | &nbsp;&nbsp;Upon full surrender of the Policy, a Surrender Charge applies for 10 Policy Years from Policy issue and applies for 10 Policy Years from the Coverage Layer Date for each Basic Life Coverage increase. <br>In addition, if you elect LTPR, upon full surrender of the Policy while the LTPR is in effect, a Surrender Charge applies for 10 Policy Years from Policy issue and for 10 Policy Years from the Coverage Layer Date for each additional LTPR Coverage Layer increase.<sup>2</sup>  | &nbsp;&nbsp;$17.10 per $1,000 of Basic Face Amount <br>$57.00 per $1,000 of LTPR Face Amount  |
| &nbsp;&nbsp;**LTPR Termination Charge<sup>3</sup>**  | &nbsp;&nbsp;Upon terminating the LTPR while the Policy remains In <br>Force, a Termination Charge applies for 10 Policy Years from Policy issue and following each additional LTPR Coverage Layer.  | &nbsp;&nbsp;$57.00 per $1,000 of LTPR Face Amount  |
| &nbsp;&nbsp;**Withdrawal charge (including any withdrawals under the Automated Income Program)<sup>4</sup>**  | &nbsp;&nbsp;Upon partial withdrawal of Accumulated Value  | &nbsp;&nbsp;$25 per withdrawal  |
| &nbsp;&nbsp;**Transfer fees<sup>4</sup>**  | &nbsp;&nbsp;Upon transfer of Accumulated Value between Investment Options  | &nbsp;&nbsp;$25 per transfer in excess of 12 per Policy Year  |
| &nbsp;&nbsp;**Illustration request<sup>4</sup>**  | &nbsp;&nbsp;Upon request of Policy illustration in excess of 1 per year  | &nbsp;&nbsp;$25 per request  |
| &nbsp;&nbsp;**Face Amount Increase<sup>4</sup>** <br>Administrative charge for increase in Face Amount of LTPR or SVER Coverage  | &nbsp;&nbsp;Upon effective date of requested Face Amount increase  | &nbsp;&nbsp;$100 per request  |
| &nbsp;&nbsp;**Terminal Illness Rider Processing Charge<sup>4</sup>**  | &nbsp;&nbsp;Upon approval of specific request  | &nbsp;&nbsp;$100 per request  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Overloan Protection 3 Rider** <br>Minimum and Maximum guaranteed charge <br>*Charge for a representative Insured*  | &nbsp;&nbsp;At exercise of benefit  | &nbsp;&nbsp;&nbsp;1.12%-4.52% of Accumulated Value on date of exercise<sup>6</sup> <br>*Maximum guaranteed charge for a male standard non tobacco who exercises the Rider at Age 85 is 3.1% of Accumulated Value on date of exercise<sup>3</sup>*  |

---

1 Your Policy has a Surrender Charge related to Basic Life Coverage and LTPR Coverage, if applicable. The Surrender Charge for the Basic Life Coverage and any LTPR Coverage is based on the Age and Risk Class of the Insured, the Face Amount of the effected Coverage Layer(s), as well as the Death Benefit Option you choose. If there is a reduction in the Face Amount of a Basic Life or LTPR Coverage Layer, including decreases due to withdrawals, the Surrender Charge for the effected Basic Life or LTPR Coverage Layer will not change. The Surrender Charge assessed on each Coverage Layer reduces to $0 after 10 Policy Years from Policy issue and from the effective date of each additional Coverage Layer. The Surrender Charge shown in the table may not be typical of the Surrender Charge you will pay. Ask your life insurance producer for information on this charge for your Policy. The Surrender Charge for your Policy will be stated in the Policy Specifications.

2 The at-issue Basic Life and LTPR Coverage layer Face Amount is used in the calculation of the initial Surrender Charge. Each Basic Life or LTPR Face Amount increase will have a corresponding Surrender Charge related to the amount of the increase and will be applied for 10 Policy Years from the Coverage Layer Date.

3 Any at-issue LTPR Face Amount is used in the calculation of the initial Termination Charge. If you terminate the LTPR while the Policy remains In Force, we will assess the Termination Charge against the Policy's Accumulated Value and the Policy Surrender Charge will be reduced by and no longer include the surrender charge associated with the LTPR coverage. Each subsequent increase in LTPR Coverage will result in an additional LTPR Coverage Layer that has its own Termination Charge that applies for 10 Policy Years following the Coverage Layer Date.

4 We currently do not impose this charge.

5 If an internal transfer occurs between two variable universal life policies you have with us in connection with a transfer or exchange offer by Pacific Life or Pacific Select Distributors, LLC (our distributor), including pursuant to a conversion or split option rider, the amount transferred will not incur any Premium Load (which includes basic, surplus, and internal premium loads). Premium loads will apply (basic and surplus) on new Policy for additional premium added at issue or after the initial premium paid. In addition, the internal transfer will not incur a surrender charge on any amount transferred from the old policy to purchase the new policy. Any surrender charge applicable to the new policy will continue to apply under the terms of the new policy.

6 The charge to exercise the Overloan Protection 3 Rider is shown as a table in your Policy Specifications. The charge varies by the Insured's sex, Risk Class and Age at the time the Rider is exercised. For more information on this Rider, see the **WITHDRAWALS, SURRENDERS AND LOANS – Overloan Protection 3 Rider** section in this prospectus.

**We offer different underwriting methods such as guaranteed issue, simplified issue, or regular issue. The cost of insurance rates are generally higher if guaranteed issue or simplified issue are used, than if the Policy is issued through regular underwriting. As a result, a healthy individual who uses regular issue for the Policy may pay lower cost of** 

------

**insurance rates than if the individual uses guaranteed or simplified issue.** 

**The next table describes the fees and expenses that you will pay periodically during the time you own the Policy, not including Fund fees and expenses.** 

---

| | | | |
|:---|:---|:---|:---|
| **PERIODIC CHARGES OTHER THAN FUND OPERATING EXPENSES** | **PERIODIC CHARGES OTHER THAN FUND OPERATING EXPENSES** | **PERIODIC CHARGES OTHER THAN FUND OPERATING EXPENSES** |  |
| **CHARGE** | **WHEN CHARGE IS DEDUCTED** | &nbsp;&nbsp;**AMOUNT DEDUCTED** |  |
| **Base Policy Charges:**  | **Base Policy Charges:**  | **Base Policy Charges:**  |  |
| &nbsp;&nbsp;**Cost of Insurance<sup>1,2</sup>** <br>Minimum and Maximum guaranteed charge <br>Minimum and Maximum current charge <br>*Charge for a representative Insured*  | Monthly Payment Date  | $0.01 - $83.34 per $1,000 of Net Amount At Risk $0.01 - $83.34 per $1,000 of Net Amount At Risk <br>*Maximum guaranteed charge during Policy Year 1 is $0.22 per $1,000 of Net Amount At Risk for a male standard non tobacco who is Age 45 at Policy issue<sup>3</sup>* <br>*Current charge during Policy Year 1 is $0.05 per $1,000 of Net Amount At Risk for a male standard non tobacco who is Age 45 at Policy issue<sup>3</sup>*  |  |
| &nbsp;&nbsp;&nbsp;**Administrative charge<sup>1</sup>** <br>Maximum guaranteed and current charge | Monthly Payment Date  | &nbsp;&nbsp;$10.00  |  |
| &nbsp;&nbsp;**Asset charge<sup>1</sup>** <br>Maximum guaranteed charge <br>Current charge  | Monthly Payment Date  | Maximum guaranteed charge is 0.36% annually (0.03% monthly) of unloaned Accumulated Value <br>Current charge is 0.15% annually (0.0125% monthly) of unloaned Accumulated Value  |  |
| &nbsp;&nbsp;**Indexed Fixed Option charge<sup>1</sup>** <br>Maximum guaranteed charge <br>Current charge  | Monthly Payment Date  | Maximum guaranteed charge is 3% annually (0.25% monthly) of Accumulated Value allocated to the 1-Year High Cap Plus Indexed Account) <br>Current charge is 3% annually (0.25% monthly) of Accumulated Value allocated to the 1-Year High Cap Plus Indexed Account)  |  |
| &nbsp;&nbsp;**Indexed Fixed Option charge<sup>1</sup>** <br>Maximum guaranteed charge <br>Current charge  | Monthly Payment Date  | Maximum guaranteed charge is 3% annually (0.25% monthly) of Accumulated Value allocated to the 1-Year High Cap Plus Indexed Account) <br>Current charge is 3% annually (0.25% monthly) of Accumulated Value allocated to the 1-Year High Cap Plus Indexed Account) <br> &nbsp;&nbsp;**Coverage charge<sup>1,4</sup>** <br>Minimum and Maximum guaranteed charge <br>Minimum and Maximum current charges <br>*Charge for a representative Insured*  | Monthly Payment Date, beginning on effective date of each Basic Life Coverage Layer <br> $24.50 per Policy plus $0.18 - $11.99 per $1,000 of Basic Life Coverage Layer <br>$7.35 - $24.50 per Policy plus $0.02 - $4.55 per $1,000 of Basic Life Coverage Layer <br>*Maximum guaranteed charge during Policy Year 1 is $24.50 per Policy plus $0.76 per $1,000 of Basic Life Coverage Layer for a male standard non tobacco who is Age 45 at Policy issue, with Death Benefit Option A<sup>3</sup>.* <br>*Current charge during Policy Year 1 is $15.00 per Policy plus $0.52 per $1,000 of Basic Life Coverage Layer for a male standard non tobacco who is Age 45 at Policy issue, with Death Benefit Option A<sup>3</sup>*  |

---

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Optional Benefit Charges<sup>7</sup>:**  | &nbsp;&nbsp;**Optional Benefit Charges<sup>7</sup>:**  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Standard Loan interest charge** <br>Maximum guaranteed and current charge  | &nbsp;&nbsp;Policy Anniversary <br> &nbsp;&nbsp;2.25% of Policy's Standard Loan Account balance annually<sup>5</sup>  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Alternate Loan Rider 3 Interest charge** <br>Maximum guaranteed charge  | &nbsp;&nbsp;Policy Anniversary <br> &nbsp;&nbsp;Maximum guaranteed rate is 8% (0.67% monthly) of the Alternate Loan Value balance annually<sup>6</sup>  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Long Term Performance Rider** <br>Cost of Insurance<sup>1,2</sup> <br>Minimum and Maximum guaranteed charge <br>Minimum and Maximum current charges <br>*Charge for a representative Insured* <br>Coverage charge<sup>1,4</sup> <br>Minimum and Maximum guaranteed charge Minimum and Maximum current charges <br>*Charge for a representative Insured*  | &nbsp;&nbsp;Monthly Payment Date <br>Monthly Payment Date <br> &nbsp;&nbsp;$0.01-$83.34 per $1,000 of Net Amount At Risk <br>$0.01-$83.34 per $1,000 of Net Amount At Risk<br>*Maximum guaranteed charge during Policy Year 1 is $0.22 per $1,000 of Net Amount At Risk for a male standard non tobacco who is Age 45 at Policy issue<sup>3</sup>* <br>*Current charge during Policy Year 1 is $0.05 per $1,000 of Net Amount At Risk for a male standard non tobacco who is Age 45 at Policy issue<sup>3</sup>* <br>$0.18-$12.79 per $1,000 of Rider Coverage Layer <br>$0.01-3.19 per $1,000 of Rider Coverage Layer<br>*Maximum guaranteed charge during Policy Year 1 is $0.80 per $1,000 of Rider Coverage Layer for a male standard non- tobacco who is Age 45 at Policy issue with Death Benefit Option A<sup>3</sup>* <br>*Current charge during Policy Year 1 is $0.35 per $1,000 of Rider Coverage Layer for a male standard non tobacco who is Age 45 at Policy issue with Death Benefit Option A<sup>3</sup>* |

---

------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**Surrender Value Enhancement Rider 3** <br>Cost of Insurance<sup>1, 2</sup> <br>Minium and Maximum guaranteed charge Minimum and Maximum current charge <br>*Charge for a representative Insured* <br>Coverage charge<sup>1, 4</sup> <br>Minimum and Maximum guaranteed Minimum and Maximum and current charge <br>*Charge for a representative Insured*  | &nbsp;&nbsp;Monthly Payment Date <br>Monthly Payment Date  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Flexible Duration No-Lapse Guarantee Rider** <br>Minimum and Maximum guaranteed charge <br>Minimum and Maximum current charge <br>*Charge for a representative Insured*  | &nbsp;&nbsp;Monthly Payment Date  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Scheduled Annual Renewable Term Rider** <br>Cost of Insurance<sup>1,2</sup> <br>Minimum and Maximum guaranteed charge Minimum and Maximum current charge  | &nbsp;&nbsp;Monthly Payment Date  |
| &nbsp;&nbsp;&nbsp;&nbsp;*Charge for a representative Insured* <br>Coverage charge<sup>1,4</sup> <br>Minimum and Maximum guaranteed charge Minimum and Maximum current charges <br>*Charge for a representative Insured*  | &nbsp;&nbsp;*Maximum guaranteed charge during Policy Year 1 is $0.80 per $1,000 of Net Amount At Risk for a male standard non tobacco who is Age 45 at Policy issue<sup>3</sup>* <br>*Current charge during Policy Year 1 is $0.00 per $1,000 of Net Amount At Risk for a male standard non tobacco who is Age 45 at Policy issue<sup>3</sup>* <br>$0.18-$12.79 per $1,000 of Rider Coverage Layer <br>The current Coverage charge for this Rider is $0.00 <br>*Maximum guaranteed charge during Policy Year 1 is $0.80 per $1,000 of Rider Coverage Layer for a male standard non- tobacco who is Age 45 at Policy issue with Death Benefit Option A<sup>3</sup>* |
| &nbsp;&nbsp;&nbsp;&nbsp;**Premier LTC Rider** <br>Minimum and Maximum guaranteed charge <br>Minimum and Maximum current charge <br>*Charge for a representative Insured*  | &nbsp;&nbsp;Monthly Payment Date <br> &nbsp;&nbsp;$0.02-$1.87 per $1,000 of LTC Net Amount at Risk<sup>9</sup> <br>$0.01-$1.15 per $1,000 of LTC Net Amount at Risk<sup>9</sup> <br>*Maximum guaranteed charge is $0.20 per $1,000 of LTC Net Amount at Risk for a male, who is Age 45 at Policy issue<sup>3</sup>* <br>*Current charge is $0.07 per $1,000 of LTC Net Amount at Risk for a single male, who is Age 45 at Policy issue with a 2% benefit<sup>3</sup>* |
| &nbsp;&nbsp;&nbsp;&nbsp;**Premier Chronic Illness Rider** <br>Minimum and Maximum guaranteed charge <br>*Change for a representative Insured* <br>Minimum and Maximum current charge <br>*Charge for a representative Insured*  | &nbsp;&nbsp;Monthly Payment Date <br> &nbsp;&nbsp;$0.09-$1.70 per $1,000 of Rider Net Amount at Risk<sup>9</sup> <br>*Maximum guaranteed charge is $0.28 per $1,000 of Rider Net Amount at Risk for a single male, who is Age 45 at Policy issue with a 2.0% benefit<sup>3</sup>* <br>$0.01-$1.24 per $1,000 of Rider Net Amount at Risk<sup>9</sup> <br>*Current charge is $0.10 per $1,000 of Rider Net Amount At Risk for a single male, who is Age 45 at Policy issue with a 2.0% benefit<sup>3</sup>* |

---

&nbsp;&nbsp;&nbsp;&nbsp;1. The charge is not deducted on and after your Policy's Monthly Deduction End Date

&nbsp;&nbsp;&nbsp;&nbsp;2. Cost of insurance rates apply uniformly to all members of the same Class and vary based on Age, sex, and Risk Class of the Insured. Cost of insurance rates may also vary based on your Policy's at-issue Face Amount. The cost of insurance charges shown in the table may not be typical of the charges you will pay. Your Policy Specifications will indicate the guaranteed cost of insurance charge applicable to your Policy, and more detailed information concerning your cost of insurance charges is available on request from your life insurance producer or us. Also, before you purchase the Policy, you may request personalized Illustrations. Cost of insurance rates for your Policy will be stated in the Policy Specifications and calculated using the Net Amount At Risk.

&nbsp;&nbsp;&nbsp;&nbsp;3. Charges shown for the representative insured may not be typical of the charges you will pay The Coverage charge rate is based on the Age, sex, and Risk Class of the Insured on the Policy Date or date Rider is effective. It also varies with the Death Benefit Option you choose, by Policy duration, and by Coverage type. Generally, the Coverage charge on LTPR Coverage may be lower than the Coverage Charge on Basic Life Coverage. Each Coverage Layer will have a corresponding Coverage charge related to the amount of the increase, based on the Age and Risk Class of the Insured at the time of the increase. A decrease in Face Amount will not decrease the applicable Coverage charge for any Coverage Layer (except for the S-ARTR) because the Coverage charge is based on the Coverage Layer at issue and the charge is used to recover the expense of issuing the insurance coverage. A decrease in Face Amount under the S-ARTR will decrease the S-ARTR Coverage charge since that charge is based on the S-ARTR current Face Amount. The Coverage charge for Basic Life Coverage under the Policy applies to the initial Basic Life Coverage Layer only and is not assessed against any additional Basic Life Coverage Layer. Ask your life insurance producer for information regarding this charge for your Policy. The Coverage charge for your Policy and the Coverage charge schedule will be stated in the Policy Specifications. We currently do not deduct the Coverage charge for the S-ARTR.

&nbsp;&nbsp;&nbsp;&nbsp;4. Coverage charge rate is based on the Age, sex, and Risk Class of the Insured on the Policy Date or date Rider is effective. It also varies with the Death Benefit Option you choose, by Policy duration, and by Coverage type. Generally, the Coverage charge on LTPR Coverage may be lower than the Coverage Charge on Basic Life Coverage. Each Coverage Layer will have a corresponding Coverage charge related to the amount of the increase, based on the Age and Risk Class of the Insured at the time of the increase. A decrease in Face Amount will not decrease the applicable Coverage charge for any Coverage Layer (except for the S-ARTR) because the Coverage charge is based on the Coverage Layer at issue and the charge is used to recover the expense of issuing the insurance coverage. A decrease in Face Amount under the S-ARTR will decrease the S-ARTR Coverage charge since that charge is based on the S-ARTR current Face Amount. The Coverage charge for Basic Life Coverage under the Policy applies to the initial Basic Life Coverage Layer only and is not assessed against any additional Basic Life Coverage Layer. Ask your life insurance producer for information regarding this charge for your Policy. The Coverage charge for your Policy and the Coverage charge schedule will be stated in the Policy Specifications. We currently do not deduct the Coverage charge for the S-ARTR.

&nbsp;&nbsp;&nbsp;&nbsp;5. In addition to the Standard Loan interest charge, the Standard Loan Account Value that is used to secure Standard Policy Debt will be credited interest at a minimum of 2.00% to help offset the Standard Loan interest charge of 2.25%. Standard Loan interest on the Standard Loan Account and Standard Policy Debt accrues daily and any Standard Loan interest that has accrued is due on each Policy Anniversary. Any unpaid Standard Loan interest on each Policy Anniversary will be added to the Standard Loan Account. On each Policy Anniversary, we transfer the excess of the Standard Policy Debt over Standard Loan Account Value from the

------

Investment Options to the Standard Loan Account. If the Standard Loan Account Value is greater than Standard Policy Debt, then such excess is transferred from the Standard Loan Account to the Variable Options or the Fixed Account on a proportionate basis according to your most recent allocation instructions.

&nbsp;&nbsp;&nbsp;&nbsp;6. There is no credited interest on the Alternate Loan Value balance (the amount used to secure the alternate loan); the amount to secure the loan remains in eligible Indexed Accounts (also called Designated Accounts).

&nbsp;&nbsp;&nbsp;&nbsp;7. Riders are described under the OPTIONAL RIDERS AND BENEFITS section in this prospectus.

&nbsp;&nbsp;&nbsp;&nbsp;8. Rider charges are based on the Age, sex, and Risk Class of the person insured under the Rider on the effective date of the Rider. Ask your life insurance producer for information on optional Rider charges for your Policy. The charges for any optional benefit Riders you add to your Policy will be stated in the Policy Specifications.

<br>**The next item shows the minimum and maximum total operating expenses charged by the Fund that you pay periodically during the time that you own the Policy. A complete list of Funds available under the Policy, including their annual expenses, may be found at the back of this document in the APPENDIX: FUNDS AVAILABLE UNDER THE POLICY.** 

#### Annual Fund Expenses

---

| | | |
|:---|:---|:---|
|  | **<u>Minimum</u>** | **<u>Maximum</u>** |
| **Expenses that are deducted from Fund assets, including management fees, distribution and/or service (12b-1) fees, and other expenses.** | [0.03% | 1.93%] |

---

------

#### PRINCIPAL RISKS OF INVESTING IN THE POLICY
**Risk of Loss** 

You can lose money by investing in this Policy, including loss of principal and previous earnings. The Policy is not a deposit or obligation of, or guaranteed or endorsed by any bank. It is not federally insured by the Federal Deposit Insurance Corporation (FDIC), the Federal Reserve Board, or any other government agency.

**Unsuitable as Short-Term Savings Vehicle (Surrender and Withdrawal Risk)** 

The Policy provides life insurance and is not intended to be used as a short-term investment and is not appropriate for an investor who needs ready access to cash. The Policy is designed to provide a Death Benefit. The Policy may be inappropriate for you if you do not have the financial ability to keep it in force for a substantial period of time.

The Policy may not be the right kind of policy for you if you plan to withdraw money or surrender your Policy for short-term needs. A surrender will terminate the Policy and all of its benefits. Withdrawals cannot be taken until after first year of the Policy and may be subject to a withdrawal fee. A withdrawal will reduce your Accumulated Value and may significantly reduce the value of the Death Benefit or benefit Riders under the Policy, potentially by more than the amount withdrawn, and could even terminate a benefit Rider. Withdrawals may also significantly increase the risk of lapse.

**If you invest in the Indexed Accounts and you surrender your Policy before Segment Maturity, no interest will be paid and you will forfeit any Segment Indexed Interest we would have otherwise credited. Once a Segment is created, if money is transferred from the Segment for a withdrawals or Standard Loans, a Lockout Period will apply if the withdrawal or Standard Loan is not part of a Systematic Distribution Program. Once a Lockout Period begins, an investor may not make any transfers into the Indexed Fixed Options for 12 months.** 

Surrender Charges reduce the Cash Surrender Value of your Policy. Surrender Charges apply for up to 10 Policy Years after Policy issue for any at-issue Basic Coverage or LTPR Coverage, and after the Coverage Layer Date for any added Basic or LTPR Coverage Layer. A surrender and withdrawal may be subject to negative tax consequences, including a potential 10% federal income tax penalty if taken before age 59½. Any decrease in the Face Amount of Basic Life or LTPR, including a decrease due to withdrawals, does not reduce the Coverage Charge or the Surrender Charge for the reduced Coverage Layer.

Please discuss your insurance needs and financial objectives with your life insurance producer. Together you can decide if the Policy and any optional Riders are right for you. We are a variable life insurance policy provider. We do not give advice or make recommendations regarding insurance or investment products and are not a fiduciary.

**Policy Lapse** 

Your Policy remains In Force as long as you have sufficient Net Accumulated Value to cover your Policy's Monthly Deductions. Insufficient premium payments, fees and expenses, poor investment performance, withdrawals, and unpaid loans or loan interest may cause your Policy to lapse – which means no Death Benefit or other benefits will be paid. There are costs associated with reinstating a lapsed Policy. There is no guarantee that your Policy will not lapse even if you pay your planned premium. You should consider a periodic review of your Policy with your life insurance producer.

Before your Policy lapses, there is a Grace Period. The Grace Period gives you 61 days to pay enough additional premium to keep your Policy In Force and to prevent your Policy from lapsing. The 61-day period begins on the date we send notice that your Policy's Net Accumulated Value is not enough to pay the Policy's Monthly Deductions.

The Policy may be eligible for the No-Lapse Guarantee Rider or the Flexible Duration No-Lapse Guarantee Rider that may help prevent the Policy from lapsing. See No-Lapse Guarantee Rider and Flexible Duration No-Lapse Guarantee Rider in the OTHER BENEFITS AVAILABLE UNDER THE POLICY section in this prospectus.

If the Policy lapses, you have three years from the end of the Grace Period to apply for reinstatement. Evidence of insurability is required when you apply for reinstatement and there is no guarantee that reinstatement will be approved. The costs associated with reinstating a lapsed Policy include sufficient net premium to:

&nbsp;&nbsp;&nbsp;&nbsp;**•** cover all due and unpaid Monthly Deductions and loan interest charges that accrued during the Grace Period;

&nbsp;&nbsp;&nbsp;&nbsp;**•** keep the Policy in force for three months after the date of reinstatement, and

&nbsp;&nbsp;&nbsp;&nbsp;**•** cover any negative Accumulated Value if there was a policy loan or other outstanding debt at the time of lapse.

If the Policy is reinstated, the same Risk Class(es) in use at the time of lapse will apply to the reinstated Policy.

------

**Limitations on Access to Accumulated Value through Withdrawals** 

Withdrawals under the Policy are available starting on the first Policy Anniversary. Each withdrawal must be at least $200. We will not accept a withdrawal request if the withdrawal will cause the Policy to become a Modified Endowment Contract (MEC), unless you have told us In Writing that you desire to have your Policy become a MEC. See the **Tax Implications** section below for additional information on MECs.

**Risks Associated with Variable Investment Options** 

You should consider the Policy's Investment Options as well as its costs. Your investment is subject to the risk of poor investment performance and can vary depending on the performance of the Variable Investment Options you have chosen. Each Variable Investment Option will have its own unique risks. The value of each Variable Investment Option will fluctuate with the value of the investments it holds, and returns are not guaranteed. You can lose money by investing in the Policy, including loss of principal. You bear the risk of any Variable Investment Options you choose. You should read each Fund prospectus carefully before investing. You can obtain a Fund prospectus by contacting your life insurance producer or by visiting https://pacificlife.com/prospectuses. No assurance can be given that a Fund will achieve its investment objectives.

We may add or remove Investment Options at any time, and removal of Variable Investment Options may limit the number of such options that are available to an investor under the Policy in the future. We may significantly reduce the number of Variable Investment Options, including reducing them to a single option. If, in the future, an investor is not satisfied with the Variable Investment Options, they may choose to surrender their Policy, but they may be subject to Surrender Charges, taxes, and tax penalties. If they purchase another investment vehicle, it may have different features, fees, and risks than the Policy. Investors should discuss with their financial professional if the Policy is appropriate for them given the Company's right to make changes to the Investment Options.

**Risks Associated with Policy Loans** 

When you borrow money from your Policy, we use your Policy's Accumulated Value as security. You pay interest, which accrues at the Loan Account Charge Interest Rate, on the amount you borrow. Accrued interest is due on your Policy Anniversary. Under a Standard Loan, the Accumulated Value set aside to secure your loan is transferred to a Loan Account which earns interest daily at the Loan Account Credit Interest Rate. Taking out a Standard Loan, whether or not you repay it, will affect the growth of your Policy's Accumulated Value since the amount used to secure the loan will not participate in the investment experience of the Investment Options, will not be available to pay any Policy charges, may increase the risk of the Policy lapsing, and could reduce the amount of the Death Benefit.

**Risks Associated with the Fixed Options** 

Under the Fixed Options, there may be frequency, amount and/or percentage limits on how much may be transferred from the Fixed Options. These limits are significantly more restrictive than those that apply to transfers out of the Variable Investment Options and it may take several Policy Years to transfer your Accumulated Value out of the Fixed Options to the Variable Investment Options. Such restrictions on transfers from the Fixed Options may prevent you from reallocating your Accumulated Value at the times and in the amounts that you desire and may result in lower investment performance than if you allocated to Variable Investment Options. See the **YOUR INVESTMENT OPTIONS – Transferring Among Investment Options and Market-timing Restrictions** section in this prospectus. We declare the annual interest rate for the Fixed Options at our discretion, subject to a guaranteed minimum interest rate. You bear the risk that we will not declare an interest rate greater than the guaranteed minimum.

**Risks Associated with Indexed Fixed Options** 

The value of the Segments in each of the Indexed Fixed Options is based on the way we credit interest to a Segment. We add interest using Segment Index Interest which, in part, is based on any positive change in an external index. There is no guarantee that Segment Indexed Interest will be greater than zero, but it will never be negative. If the underlying Index remains level or declines over a prolonged period of time and we have not credited Segment Index Interest, you may need to increase premium payments to prevent the Policy from lapsing.

Once a Segment is created, you cannot transfer Accumulated Value out of that Segment until the end of the Segment Term. Money may be transferred out for withdrawals and Standard Policy Loans, however, a Lockout Period will apply if the withdrawal or Standard Loan is not part of a Systematic Distribution Program.

We manage our obligation to credit Segment Indexed Interest in part by purchasing call options on the Index and by prospectively adjusting the Participation Rate, Segment Adjustment Factor, and/or Growth Cap (or Indexed Threshold Rate for the 1-Year No Cap Indexed Account) on future Segments to reflect changes in the costs of purchasing such call options (the price of call options varies with market conditions). In certain cases, we may reduce the Participation Rate, Segment Adjustment Factor or the Growth Cap or increase the Indexed Threshold Rate for a future Segment. If we do so, the amount of the Segment Indexed Interest which you may otherwise have received would be reduced. However, we will not change any rates, caps or thresholds below any guaranteed rates.

There is no guarantee that the Index described in this Prospectus will be available during the entire time you own your Policy. If the Index is discontinued or we are unable to utilize it, we may substitute a successor index of our choosing. If we do so, the

------

performance of the new index would differ from the Index. This, in turn, may affect the Segment Indexed Interest you earn. There is no guarantee that we will offer the Indexed Accounts during the entire time you own your Policy. We may discontinue offering one (or more) of the Indexed Accounts at any time. If we discontinue an Indexed Account, you may transfer Indexed Accumulated Value to any other available Indexed Account or to the Fixed Options consistent with your Policy's investment and transfer restrictions at Segment Maturity. If you do not do so, your Indexed Accumulated Value will be reallocated to the Fixed Account.

An allocation to the Indexed Fixed Options is not equivalent to investing in the underlying stocks comprising the Index. You will have no ownership rights in the underlying stocks comprising the Index, such as voting rights, dividend payments, or other distributions. Also, we are not affiliated with the Index or the underlying stocks comprising the Index. Consequently, the Index and the issuers of the underlying stocks comprising the Index have no involvement with the Policy. The Index is a price return index and the performance of the Index does not include income from any dividends or other distributions paid by the Index's component companies. If dividends and other distributions were included, the Index performance would be higher. For more information on "investor control" see the VARIABLE LIFE INSURANCE AND YOUR TAXES section in this prospectus and also the SAI.

The Participation Rate, Growth Cap, Minimum Segment Guaranteed Interest Rate, and current Segment Adjustment Factor that are established at Segment creation may vary from Segment to Segment but will not be lower than what is guaranteed. Other than the Minimum Segment Guaranteed Interest Rate, these factors may be better or worse from Segment to Segment.

**Risks Associated with the Long Term Performance Rider** 

A Surrender Charge and a Termination Charge apply to the LTPR Face Amount at Policy issue, if any, and each additional LTPR Coverage Layer. They apply for 10 Policy Years after each Coverage Layer Date. The Rider Surrender Charge is added to the Policy's Surrender Charge, which will reduce the Policy's Cash Surrender Value and Net Cash Surrender Value. This means that during the first 10 Policy Years following any LTPR Coverage Layer Date, there may be less money available under your Policy for withdrawals, Policy loans, and upon surrender. In addition, if you terminate the LTPR while the Policy remains In Force, we will assess the Termination Charge against your Policy's Accumulated Value and the Policy Surrender Charge will be reduced by and no longer include the surrender charge associated with LTPR coverage. If the Policy's Net Accumulated Value after the Termination Charge is deducted is insufficient to cover your Policy's Monthly Deductions of Policy charges, the Policy will go into a Grace Period.

#### Risks Associated with Insurance Coverage Available Under the Policy and Optional Riders
Insurance Coverage may be provided under the Policy, as well as through a combination of Coverage under any of the three optional insurance Riders available with the Policy – the Long Term Performance Rider (LTPR), Surrender Value Enhancement Rider 3 (SVER), and Scheduled Annual Renewable Term Rider (S-ARTR). We pay different compensation based on the insurance Coverage and the optional Riders you select for your Policy. It is possible your financial professional may recommend more Basic Life Coverage under the Policy rather than recommending a combination of Basic Life Coverage and Coverage under one or more of the Riders based on the compensation your financial professional receives.

You should ask your financial professional to discuss with you the different insurance Coverages and ask for different illustrations to show the impact of the different insurance Coverages, Face Amounts, and Death Benefit Options on the Policy values and benefits. How you structure your insurance Coverage with your financial professional should be based on your insurance needs and financial objects after examining the features, fees, and benefits of each type of Coverage.

You may ask your financial professional how he/she will personally be compensated based on your purchase of the Policy and the optional Riders you select.

**Insurance Company Risks** 

Investment in the Policy is subject to the risks related to us, and any obligations (including under any Fixed Options or Indexed Fixed Options), guarantees, or benefits are backed by our claims paying ability and financial strength. You must look to our strength with regard to such guarantees.

**Tax Implications** 

We believe the Policy meets the statutory definition of life insurance for federal income tax purposes. We do not know whether the current treatment of life insurance policies under current federal income tax, estate, or gift tax laws will continue. We also do not know if the current interpretations of the laws by the IRS or the courts will remain the same. Also, future legislation may adversely change the tax treatment of life insurance policies.

Death benefits from a life insurance policy may generally be excluded from income under the Tax Code. Also, you generally are not subject to taxation on any increase in the Accumulated Value until it is withdrawn. You may be subject to income tax if you take withdrawals or surrender your Policy, or if your Policy lapses and you have not repaid any outstanding Total Policy Debt. If your Policy becomes a MEC, distributions you receive beginning on the date the Policy becomes a MEC may be subject to tax and a 10% penalty.

**Cybersecurity and Business Continuity Risks** 

------

Our business relies heavily on the effective operation of our computer systems and networks, as well as those of our business partners and service providers. Consequently, we are potentially susceptible to operational and information security risks associated with the technologies, processes and procedures designed to protect networks, systems, computers, programs and information from cyber-attacks, operational failure, AI misuse, damage or unauthorized access. These risks include but are not limited to, theft, loss, misuse, corruption and destruction of information maintained online or digitally, denial of service on websites and other operational failures, and unauthorized disclosure of confidential, proprietary and customer information. Cyber-attacks affecting us, any third-party administrator, the underlying Funds, intermediaries, and other affiliated or third-party service providers may adversely affect us and your Policy Accumulated Value. For instance, cyber-attacks or operational incidents may interfere with Contract transaction processing, including the processing of orders from our website or with the underlying Funds; impact our ability to calculate Accumulated Unit Values, Subaccount Unit Values or an underlying Fund to calculate a net asset value; cause the disclosure and possible destruction of confidential, proprietary and customer information; impede order processing; subject us and/or our service providers and intermediaries to regulatory fines, litigation, loss of business, financial losses and reputational damage. Cybersecurity risks may also impact the issuers of securities in which the underlying Funds invest, which may cause the Funds underlying your Policy to lose value. The digitalization, increased information availability, use of new and constantly evolving technologies, the increased sophistication and severity of cyber campaigns, and the heightened geopolitical risk and tension, continue to pose new and significant cybersecurity and operational risks and threats. While measures and controls have been adopted and are periodically reviewed and updated to mitigate cybersecurity and operational risks, there can be no guarantee or assurance that we, the underlying Funds, or our service providers will not suffer losses affecting your Policy due to cyber-attacks, operational incidents, misuse of AI, or information security breaches in the future.

We are also exposed to risks related to natural and man-made disasters or other events, including (but not limited to) earthquakes, fires, floods, storms, epidemics and pandemics (such as COVID-19), terrorist acts, civil unrest, malicious acts and/or other events that could adversely affect our ability to conduct business. The risks from such events are common to all insurers. To mitigate such risks, we have business continuity plans in place that include remote workforces, remote system and telecommunication accessibility, and other plans to ensure availability of critical resources and business continuity during an event. Such events can also have an adverse impact on financial markets, U.S. and global economies, service providers, and Fund performance for the Funds available through your Policy. There can be no assurance that we, the Funds, or our service providers will avoid such adverse impacts due to such events and some events may be beyond control and cannot be fully mitigated or foreseen.

------

#### POLICY BASICS
MVP VUL Admiral 2 is a flexible premium variable life insurance policy with variable and Indexed Fixed Options that insures the life of one person and pays Death Benefit Proceeds after that person has died.

When you buy a MVP VUL Admiral 2 life insurance Policy, you are entering into a contract with Pacific Life Insurance Company. Your contract with us is made up of your application, your Policy, applications to change or reinstate the Policy, any amendments, Riders or endorsements to your Policy, and Policy Specifications.

**Issuing the Policy** 

Your financial professional will assist you in completing your application for the Policy. Your financial professional's broker-dealer firm has up to 7 business days to review the application before it is sent to us. If we approve your application, we will issue your Policy. If your application does not meet our underwriting and administrative requirements, we can reject it or ask you for more information. When your Policy is sent to you, you will be asked to sign a *policy delivery receipt*. For Policy delivery status, check with your financial professional.

Our obligations to you under the Policy begin when the Policy is In Force.

If there are any outstanding contractual or administrative requirements that prevent your Policy from being placed In Force, your financial professional will review them with you no later than when the Policy is delivered. See the **HOW PREMIUMS WORK – Your Initial Premium** section in this prospectus for more information.

Your Policy will be In Force until one of the following happens:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The Insured dies,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The Grace Period expires and your Policy lapses, or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● You surrender your Policy.

If your Policy is not In Force when the Insured dies, we are not obligated to pay the Death Benefit Proceeds to your Beneficiary.

**Owners, the Insured, and Beneficiaries** 

***Owners*** 

You can own a Policy by yourself or with someone else. You need the signatures of all Owners for all Policy transactions.

If one of the Joint Owners dies, the surviving Owner will hold all rights under the Policy. If the Owner or the last Joint Owner dies, his or her estate will own the Policy unless you have given us other instructions.

You can change the Owner of your Policy by completing a Change of Owner Form. Please contact us or your financial professional for a Change of Owner Form. Once we receive and record your request, the change will be effective as of the day you signed the Change of Owner Form. You should consult your financial professional or legal counsel about designating ownership interests.

***The Insured*** 

This Policy insures the life of one person who is Age 90 or younger at the time you apply for your Policy, and who has given us satisfactory evidence of insurability. The Policy pays Death Benefit Proceeds after the Insured has died.

The Insured is assigned an underwriting or insurance Risk Class which we use to calculate cost of insurance and other charges. Most insurance companies use similar risk classification criteria. We use the medical or paramedical underwriting method to assign underwriting or insurance Risk Classes, which may require a medical examination. We may, however, use other forms of underwriting if we think it is appropriate.

When we use a person's Age in Policy calculations, we generally use his or her Age as of the nearest Policy Date, and we add one year to this Age on each Policy Anniversary. For example, when we talk about someone "reaching Age 100", we are referring to the Policy Anniversary closest to that person's 100<sup>th</sup> birthday, not to the day when he or she actually turns 100.

***Beneficiaries*** 

Here are some things you need to know about naming Beneficiaries:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● You can name one or more *primary* Beneficiaries who each receive an equal share of the Death Benefit Proceeds unless you

------

tell us otherwise. If one Beneficiary dies, his or her share will pass to the surviving primary Beneficiaries in proportion to the share of the Death Benefit Proceeds they're entitled to receive, unless you tell us otherwise. <br>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● You can also name one or more *contingent* Beneficiaries. If no primary Beneficiaries survive the Insured, then the Death Benefit Proceeds will be distributed to each contingent Beneficiary equally, unless you tell us otherwise.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● You can choose to make your Beneficiary *permanent* (sometimes called *irrevocable*). You cannot change a permanent Beneficiary's rights under the Policy without his or her permission.

If no Beneficiary (primary or contingent) is living when the Death Benefit Proceeds are payable, you, as the Policy Owner, will receive the Death Benefit Proceeds. If you are no longer living, the Death Benefit Proceeds will go to your estate.

You can change your Beneficiary at any time while the Insured is alive, and while the Policy is In Force. If you would like to change your Policy's Beneficiary, please contact us or your financial professional for a Change of Beneficiary Form. Once we receive and record your request, the change will be effective as of the day you signed the Change of Beneficiary Form.

**Policy Date** 

***Your Policy Date*** 

This is the date upon which life insurance Coverage under the Policy becomes effective. It is also the beginning of your first Policy Year. Your Policy's monthly, quarterly, semi-annual and annual anniversary dates are based on your Policy Date.

The Policy Date is set so that it never falls on the 29<sup>th</sup>, 30<sup>th</sup> or 31<sup>st</sup> of any month.

You or your financial professional may request that multiple applications have the same Policy Date and be placed In Force on a common date. For multilife or employer sponsored cases, please contact your financial professional for additional details.

***Backdating your Policy*** 

You can have your Policy backdated up to 6 months, as long as we approve it.

Backdating in some cases may lower your cost of insurance rates since these rates are based on the Age of the Insured. Your first premium payment must cover the premium load and monthly charges for the period between the backdated Policy Date and the day your Policy is issued.

***Re-dating your Policy*** 

Once your Policy is issued, you may request us to re-date your Policy. This means your Policy will have a new Policy Date. Re-dating will only be allowed back to the date money is received on your Policy, and can be the earlier of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The date your Policy is delivered to you and you paid initial premium, or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The date we received the initial premium, if earlier than the delivery date.

If your delivery date is the 29<sup>th</sup>, 30<sup>th</sup> or 31<sup>st</sup> of any month, the Policy will be dated the 28th of that month.

If the Policy is re-dated, no Policy charges will be deducted for any period during which Coverage was not provided under the terms of the Policy and all Policy charges will be calculated from the new Policy Date. There will be no Coverage before the new Policy Date.

It may be disadvantageous to request that the Policy be re-dated. A new Policy Date may cause an Insured's Age for insurance purposes to change and the cost of insurance rates to increase. It will also affect events based on time elapsed since Policy Date, such as suicide and contestable clauses and Surrender Charge periods.

We will not re-date Policies that are issued with a temporary insurance premium. Policies with the Policy Date pre-determined under an employer or corporate sponsored plan may not be eligible to re-date.

**Illustrations** 

The Policy offers a range of options that allow you to structure the Policy and include optional Riders to meet your insurance needs and financial objectives. Illustrations demonstrate the operation of the Policy and the Riders you select. Insurance Coverages you select and the different Riders have different Policy charges and Additional Credits which impact the Accumulated Values of your Policy over time. Running several illustrations with different insurance Coverages, Face Amounts, Death Benefit Options and the other elections that can be made when you purchase the Policy can help you to determine how to structure your Policy, including insurance Coverages, to align with your insurance needs and financial objectives. Different illustrations also show how your different selections impact Policy values and benefits.

We will provide you with Illustrations based on different sets of assumptions upon your request.

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Illustrations based on information you give us about the insured – Age and Risk Class

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Illustrations based on the death benefit elections – different insurance Coverages and the Face Amount of all Coverage Layers, the Death Benefit Option, and changes in selections over time, such as reductions to Face Amount and changes to Death Benefit Option.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Illustrations based on other elections – planned premium payments, planned withdrawals, and loans, selection of other optional Riders requested.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Illustrations that show the allocation of premium payments to specified Variable Accounts. These will reflect the expenses of the Fund in which the Variable Account invests.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Illustrations that show allocation of premium payments to one or more Indexed Accounts.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Illustrations when you are considering the purchase of the Policy may use a hypothetical gross rate of return up to 12%. Illustrations may also be requested that reflect net rates of return.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Illustration used after your Policy is In Force use both historical and hypothetical rates.

Such Illustrations reflect assumptions about the Policy's non-guaranteed elements and about your assumed elections under the Policy. The Policy's actual non-guaranteed elements, and your actual use of the Policy's options, are likely to vary from the assumptions used in such Illustrations. For these reasons, actual Policy values will likely be more or less favorable than shown in such Illustrations.

You can request such Illustrations at any time. You can get one Policy Illustration free of charge per Policy Year. We reserve the right to charge $25 for each additional Illustration.

**Your Free Look Right** 

Your Policy provides a *free look period* once the Policy is delivered to you and you sign the Policy delivery receipt. During the free look period, you have the Free Look Right to cancel (or refuse) your Policy and return it with instructions to us or your life insurance producer for a refund. The amount refunded may be more or less than the premium payments you have made and the length of the free look period may vary, depending on the state where you signed your application and the type of policy you purchased.

You will find a complete description of the free look period that applies to your Policy on the Policy's cover sheet or on a notice that accompanies it. Generally, the free look period ends 10 days after you receive your Policy, but in some states, the free look is different. See the **APPENDIX: STATE LAW VARIATIONS** section in this prospectus for a list of state variations to the free look period. Some states may also have a different free look period if you are replacing another life insurance policy. Please call us or your life insurance producer if you have questions about your Free Look Right.

We will allocate any premium payments we receive during the free look period in accordance with the requirements of the state in which your Policy was issued. In states that require us to return all premiums paid, your initial Net Premium will be allocated to the Fidelity VIP Government Money Market Variable Account and will remain there during the entire free look period. At the end of the free look period, your premiums will be allocated to the Investment Options you selected. In states that do not require us to return all premiums paid, your initial Net Premium will be applied to the Investment Options you selected.

If your Policy was issued in a state that requires us to refund your premium, the amount of the refund is the greater of premium payments received during the Free-Look Period or the Policy's Accumulated Value, plus any Policy charges and fees deducted, less Standard Policy Debt. If your Policy was issued in a state that does not require us to refund your premium, the amount we return to you will include:<br>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Any charges or taxes we have deducted from your premiums;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The Net Premiums allocated to the Fixed Options;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The Accumulated Value allocated to the Variable Investment Options; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Any monthly fees and charges we have deducted from your Policy's Accumulated Value in the Variable Investment Options.

The amount of your refund may be more or less than the premium payments you have made, depending on the state in which your Policy was issued. See the **APPENDIX: STATE LAW VARIATIONS** section in this prospectus for information on which states do or do not require refund of premiums paid.

For free look rights under the Premier LTC Rider, see the **OPTIONAL RIDERS AND BENEFITS – Premier LTC Rider –** *30-Day Right to Examine* section in this Prospectus.

------

***California Policies*** 

For Policies issued in the state of California, the Policy's free look period is 30 days from date of delivery as of the Policy effective date if:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● An individual Policy Owner is Age 60 or older; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The Policy Owner is either a Guardian, a Custodian or an Individual Trust, and the Insured is age 60 and over.

During the 30-day free look period, we will hold the Net Premiums in the Fidelity<sup>®</sup> VIP Government Money Market Variable Account. On the day following the end of the 30-day free look period, we will automatically transfer the Accumulated Value in the Fidelity<sup>®</sup> VIP Government Money Market Variable Account to the Investment Options you chose. This automatic transfer to your Investment Option allocation choices is excluded from the transfer limitations described later in this prospectus. If you exercise your Free Look Right during the 30-day free look period, we will refund the greater of premium payments received during the Free-Look period or the Policy's Accumulated Value, plus any Policy charges and fees deducted, less any Standard Policy Debt. You may specifically direct that, during the 30-day free look period, all Net Premiums received by us be immediately allocated to the Investment Options according to your most recent allocation instructions. You may do this:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● On your application

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● In Writing any time prior to the end of the 30-day free look period.

If you specifically request your Net Premiums be immediately allocated to the Investment Options, and you exercise your Free Look Right during the 30-day free look period, the amount of your refund may be more or less than the premium payments you have made. Your refund will be calculated as of the day we or your life insurance producer receive your request and the Policy. The refund will be:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Any charges or taxes we have deducted from your premiums

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The Net Premiums allocated to the Fixed Options

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The Accumulated Value allocated to the Variable Investment Options and the Indexed Fixed Options

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Any monthly charges and fees we have deducted from your Policy's Accumulated Value in the Variable Investment Options.

**Timing of Payments, Forms and Requests** 

***Effective date*** 

Once your Policy is In Force, the effective date of payments, forms and requests you send us is usually determined by the day and time we receive the item In Proper Form.

You may reach our service representatives on any Business Day at (800) 347-7787 between the hours of 6 a.m. through 5 p.m. Pacific time.

Please send your forms and Written Requests or questions to:

Pacific Life Insurance Company P.O. Box 2030

Omaha, NE 68103

Unless you receive premium notices via list bill, send premiums (other than initial premium) to:

Pacific Life Insurance Company P.O. Box 100957

Pasadena, California 91189-0957

We accept faxes for variable transaction requests (transfers, allocation changes, rebalancing and loans) at: (866) 398-0467

You may also submit variable transaction requests electronically at: Transactions@pacificlife.com

Sending any application, premium payment, form, request or other correspondence to any other address will not be considered In Proper Form and will result in a processing delay.

Premium payments, loan requests, transfer requests, loan payments or withdrawal or surrender requests that we receive In Proper Form on a Business Day will be effective as of the end of that day, unless the transaction is scheduled to occur on another Business Day. If we receive your payment or request at or after the time of the close of a Business Day, your payment or request will be

------

effective as of the end of the next Business Day. If a scheduled transaction falls on a day that is not a Business Day, we will process it as of the end of the next Business Day.

Other forms, notices and requests are normally effective as of the next Business Day after we receive them In Proper Form, unless the transaction is scheduled to occur on another Business Day. Change of Owner and Beneficiary Forms are effective as of the day you sign the change form, once we receive them In Proper Form.

***Electronic Information Consent*** 

Subject to availability, you may authorize us to provide prospectuses, prospectus supplements, reports, annual statements, statements and immediate confirmations, tax forms, proxy solicitations, privacy notice and other notices and documentation in electronic format when available instead of receiving paper copies of these documents by U.S. mail. If you wish to receive documents and notices electronically, you may enroll in this service by accessing the Policy Owner website, My Life Insurance Account, at https://Life.MyAccount.PacificLife.com. Not all Policy documentation and notifications may be currently available in electronic format. You will continue to receive paper copies of any documents and notifications not available in electronic format by U.S. mail. In addition, you will continue to receive paper copies of annual statements if required by state or federal law.

For electronic delivery, you must have ready access to a computer with Internet access, provide us with a current and active e-mail address to an active e- mail account to receive this information electronically, and have the ability to read and retain it. While we impose no additional charge for this service, there may be potential costs associated with electronic delivery, such as on-line charges. Documents will be available on our Internet website. You may access and print all documents provided through this service. Subject to applicable law, as documents become available, we will notify you of this by sending you an e- mail message that will include instructions on how to retrieve the document. You are responsible for any e-mail filters that may prevent you from receiving e-mail notifications and for notifying us promptly in the event that your e-mail address changes. You may revoke your consent for electronic delivery at any time, provided that we are properly notified, and we will then start providing you with a paper copy of all required Documents. We will provide you with paper copies at any time upon request. Such a request will not constitute revocation of your consent to receive required Documents electronically.

If you plan on enrolling in this service, or are currently enrolled, please note that:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● There is no additional charge.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● You should provide a current e-mail address and notify us promptly when your e-mail address changes.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● You should update any e-mail filters that may prevent you from receiving e-mail notifications from us.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● You may request a paper copy of the information at any time for no charge, even though you consented to electronic delivery, or if you decide to revoke your consent.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Electronic delivery will be cancelled if e-mails are returned undeliverable.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● This consent will remain in effect until you revoke it.

If you are currently enrolled in this service, please access the Policy Owner website, My Life Insurance Account usinghttps://Life.MyAccount.PacificLife.com, or call (800) 347-7787 if you would like to revoke your consent, wish to receive a paper copy of the information above, or need to update your e-mail address. You may opt out of electronic delivery at any time.

***When we make payments and transfers*** 

We will normally send the proceeds of withdrawals, loans, surrenders, exchanges and Death Benefit payments, and process transfer requests, within seven days after the effective date of the request In Proper Form. We may delay payments and transfers, or the calculation of payments and transfers based on the value in the Variable Investment Options under unusual circumstances, for example, if:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The New York Stock Exchange closes on a day other than a regular holiday or weekend

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Trading on the New York Stock Exchange is restricted

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● An emergency exists as determined by the SEC, as a result of which the sale of securities is not practicable, or it is not practicable to determine the value of a Variable Account's assets, or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The SEC permits a delay for the protection of Policy Owners.

We may delay transfers and payments from the Fixed Options and the Indexed Fixed Options, including the proceeds from withdrawals, surrenders and loans, for up to six months. If we defer payment of surrenders, withdrawals or loans for more than 10 days after we receive your request, we will pay interest at the rate required by the state in which the Policy is delivered, but not

------

less than an annual rate equal to the guaranteed rate payable on the Fixed Options.

Death Benefit Proceeds paid are subject to the conditions and adjustments as described in this section, in the **GENERAL INFORMATION ABOUT YOUR POLICY** section in this prospectus, and the **WITHDRAWALS, SURRENDERS AND LOANS** section in this prospectus. Death Benefit Proceeds are paid as a lump sum check. We may make other options available in addition to the single check option. If required by state law, we will pay interest on the Death Benefit Proceeds from the date of death to the date the claim is paid at a rate not less than the rate payable for funds left on deposit that is in effect on the date of death, which will vary by state. If payment of any lump sum Death Benefit Proceeds is delayed more than 31 calendar days after we receive the requirements to pay the claim, we will pay additional interest, if required by state law, at a rate of 10% annually beginning with the 31st calendar day or a lessor percentage as required by applicable state law. Contact us, your life insurance producer, or refer to your Policy or Rider to determine if state specific differences apply. Also see the **APPENDIX: STATE LAW VARIATIONS –** TIMING OF PAYMENTS, FORMS AND REQUESTS section in this prospectus for states that require different rates.

**Statements and Reports We Will Send You** 

We send the following statements, reports, and other documents and notifications to Policy Owners:<br>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● A confirmation for certain financial transactions, usually including premium payments, transfers, loans, loan repayments, withdrawals and surrenders. Monthly deductions and scheduled transactions made under the dollar cost averaging, portfolio rebalancing and first year transfer services are reported on your quarterly Policy statement. <br>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● A quarterly Policy statement. The statement will tell you the Accumulated Value of your Policy by Investment Options, Cash Surrender Value, the amount of the Death Benefit, the Policy's Face Amount, and any Standard Policy Debt and/or Alternate Policy Debt. It will also include a summary of all transactions that have taken place since the last quarterly statement, as well as any other information required by law.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● An annual Policy statement. The report will provide the same information as the quarterly Policy statement (e.g. Accumulated Value, Cash Surrender Value, etc.) but will include a summary of all transactions that have taken place since the last annual Policy statement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Supplemental schedules of benefits and planned premiums. We will send these to you if you change your Policy's Face Amount or change any of the Policy's other benefits.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Other documents and notifications as required by law.

If you identify an error on a confirmation, quarterly or annual statement, you must notify us In Writing as soon as possible, preferably within 90 days from the date of the confirmation or statement, to ensure proper accounting to your Policy. When you write us, include your name, Policy number and description of the identified error.

Mail will be sent to you at the mailing address you have provided. If mail is returned to us as undeliverable multiple times, we will discontinue mailing to your last known address or by other means where permitted. We will, however, regularly attempt to locate your new mailing address, and will resume mailing your policy related materials to you upon confirmation of your new address. You can access the statements referenced above through the Policy Owner website, My Life Insurance Account, at https://Life.MyAccount.PacificLife.com, or receive copies of documents from us upon request.

**Telephone and Electronic Transactions** 

By electing this option on the application, you authorize us to accept telephone and electronic instructions for the following transactions:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Transfers between Investment Options

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Initiate the dollar cost averaging

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Rebalance Variable Investment Options

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Change future premium allocation instructions

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Initiate loans.

If you do not authorize us to accept telephone or electronic instructions on your application, you can later instruct us to accept telephone or electronic instructions as long as you complete and file a Transaction Authorization Form with us.

Certain life insurance producers are able to give us instructions electronically if authorized by you. You may appoint anyone to give us instructions on your behalf by completing and filing a Transaction Authorization Form with us.

Here are some things you need to know about telephone and electronic transactions:

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● If your Policy is jointly owned, all Joint Owners must sign the Transaction Authorization Form. We will take instructions from any Owner or anyone you appoint. <br>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● We may use any reasonable method to confirm that your telephone or electronic instructions are genuine. For example, we may ask you to provide personal identification or we may record all or part of the telephone conversation. We may refuse any transaction request made by telephone or electronically.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● A new Transaction Authorization Form will be required when a registered representative changes to a new Broker-Dealer.

We will send you a written confirmation of each telephone and electronic transaction.

Sometimes, you may not be able to make loans or transfers by telephone or electronically, for example, if our telephone lines or our website are busy because of unusual market activity or a significant economic or market change, or our telephone lines or the Internet are out of service during severe storms or other emergencies or due to operational disruptions. In these cases, you can send your request to us In Writing or call us when service has resumed.

When you authorize us to accept your telephone and electronic instructions, you agree that:

● We can accept and act upon instructions you or anyone you appoint give us over the telephone or electronically

● Neither we, any of our affiliates, the Pacific Select Fund, or any director, trustee, officer, employee or agent of ours or theirs will be liable for any loss, damages, costs or expenses that result from transactions processed because of a request by telephone or submitted electronically that we believe to be genuine, as long as we have followed our own procedures

● You bear the risk of any loss that arises from your right to make loans or transfers over the telephone or electronically.

------

#### DEATH BENEFITS
**The Death Benefit** 

We will pay Death Benefit Proceeds to your Beneficiary after the Insured dies while the Policy is still In Force. Your Beneficiary generally will not have to pay federal income tax on the portion of any Death Benefit Proceeds that are payable as a lump sum at death. Some Riders and settlement options may affect how the Death Benefit Proceeds are paid, see the **OPTIONAL RIDERS AND BENEFITS** section in this prospectus for more details.

Your Policy's Death Benefit depends on three choices you must make:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The Total Face Amount

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The Death Benefit Option

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The Death Benefit Qualification Test

The Policy's Death Benefit is the higher of:

&nbsp;&nbsp;&nbsp;&nbsp;1. The Death Benefit calculated under the Death Benefit Option in effect; or

&nbsp;&nbsp;&nbsp;&nbsp;2. The Minimum Death Benefit according to the Death Benefit Qualification Test that applies to your Policy.

Certain Riders may impact the Policy's Death Benefit, see the **OPTIONAL RIDERS AND BENEFITS** section in this prospectus.

Withdrawals and Policy Loans may impact the Policy's Death Benefit, see the **WITHDRAWALS, SURRENDERS AND LOANS** section in this prospectus for more details.

**The Total Face Amount** 

The Face Amount for your Policy is based on the insurance Coverage you select for your Policy and the Face Amount for each insurance Coverage provided under a Rider that you selected. Your Policy's Total Face Amount is the sum of the Face Amount for each Coverage you select.

Your Policy's insurance Coverage includes Basic Coverage. You may also select insurance Coverage under the Long Term Performance Rider (LTPR), Surrender Value Enhancement Rider 3 (SVER), and Scheduled Annual Renewable Term Rider (S-ARTR). The Basic Coverage and Coverage under the Riders have different Policy charges and Additional Credits which impact the Accumulated Values of your Policy over time, which you should consider in selecting insurance Coverage under the Policy and the Riders. These Riders are described in Optional Riders and Benefits.

The possible combinations are:

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**•** Basic only | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**•** Basic and LTPR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**•** Basic and SVER |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**•** Basic and S-ARTR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**•** Basic, LTPR, and S-ARTR  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**•** Basic, SVER, and S-ARTR |

---

The minimum Basic Face Amount at Policy issue is $10,000. The minimum Total Face Amount at Policy issue is $50,000.

The Face Amount for each insurance Coverage you select creates a Coverage Layer. Your Policy's initial Face Amount is the sum of the insurance Coverage Layers, which you select in your application. The Coverage Layers you select in your application are effective on the Policy Date and are shown in the Policy's Specifications and any related Supplemental Schedule of Coverage. After Your Policy's issue date, if You increase or decrease the Face Amount, your Policy's Total Face Amount, will be shown in the Policy's Specifications and any related Supplemental Schedule of Coverage.

There will be one or more Basic Life Coverage Layers created at issue. Multiple Basic Life Coverage Layers will be created at issue if a policy is issued with multiple Risk Classes. In that case, each Basic Life Coverage Layer created at issue will have a different set of charges.

Please see the **OPTIONAL RIDERS AND BENEFITS** section for a description of the three optional Coverage Riders – LTPR, SVER, and S-ARTR – and a summary comparison of the Basic Coverage and the Rider Coverages. That section also discusses the charges that apply to the different Coverages and the impact of the different Coverages on the values and benefits under the Policy. Because the Policy offers a range of options that allow you to structure the insurance Coverages through the Policy and the three optional Coverage Riders – LTPR, SVER, and S-ARTR – you should discuss with your financial professional the available

------

Coverages, the Face Amounts, and Death Benefit Option for you to select and make selections that align with your insurance needs and financial objectives. Ask your financial professional to run multiple illustrations that vary these options. See also, Risks Associated with Insurance Coverage Available Under the Policy and Optional Riders, above.

**Changing the Face Amount** 

You can increase or decrease your Policy's Face Amount as long as we approve it. If you change the Face Amount, we will send you a Supplemental Schedule of Coverage for benefits and premiums.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● You can change the Face Amount as long as the Insured is alive.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● You must send us your Written Request while your Policy is In Force.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Unless you request otherwise, the change will become effective on the first Monthly Payment Date on or after we receive and approve your request.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Changing the Total Face Amount can affect the Net Amount At Risk, which affects the cost of insurance charge. An increase in the Face Amount may increase the cost of insurance charge, while a decrease may decrease the charge.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● If your Policy's Death Benefit is equal to the Minimum Death Benefit, and the Net Amount At Risk is more than three times the Death Benefit on the Policy Date, we may reduce the Death Benefit by requiring you to make a withdrawal from your Policy. If we require you to make a withdrawal, the withdrawal may be taxable. Please see the **WITHDRAWALS, SURRENDERS AND LOANS** section in this prospectus for information about making withdrawals.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● We will refuse your request to make the Basic Face Amount less than $1,000.00.

***Requesting an Increase in Face Amount*** 

You may request an increase in the Basic Face Amount under the Policy, or the Face Amounts under the LTPR or SVER. Each Face Amount increase will create a new Coverage Layer with its own Coverage Layer Date and Policy charges.

Here are some additional things you should know about requesting an increase in the Face Amount under the Policy:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The Insured must be Age 90 or younger at the time of the increase.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● You must give us satisfactory Evidence of Insurability.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Each increase you make to the Face Amount must be a minimum of $25,000.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Each increase in Face Amount will have an associated cost of insurance rate and Coverage charge. Each increase of the Basic or LTPR Face Amount will also cause your Policy to have a separate corresponding 10-year Surrender Charge. Each increase of the LTPR Face Amount will also have a separate corresponding 10-year Termination Charge. Any cost or charge changes will take effect on the next Monthly Payment Date after the Face Amount increase is applied to the Policy.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● There is a $100 charge for any increases in Face Amount under the LTPR or SVER. Currently, we are not imposing the $100 charge.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● We reserve the right to limit Face Amount increases to one per Policy Year.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● A requested increase in Face Amount will terminate the Flexible Duration No-Lapse Guarantee Rider. See the **OPTIONAL RIDERS AND BENEFITS – Flexible Duration No-Lapse Guarantee Rider** section in this prospectus.

***Term Increases in Face Amount*** 

Your Policy may be issued with the S-ARTR Rider. Under this Rider there may be scheduled annual renewable insurance coverage increases in Face Amount under the S-ARTR Rider. In this Rider, a scheduled increase is referred to as a Term Increase. All Term Increases will be shown in the Policy Specifications. Future Term Increases will not require future medical underwriting, but may in some instances require financial underwriting. Financial underwriting generally includes a review of the Insureds earned income and net worth in relation to the amount of life insurance coverage requested.

A Term Increase in S-ARTR Coverage will increase the Face Amount of the existing Coverage Layer.

There is a cost of insurance charge associated with each such Term Increase that has gone into effect and continues to be in effect. Such cost of insurance charge is part of the Monthly Deduction for the Policy and is calculated the same as that for other Coverage Layers, subject to maximum cost of insurance Rates that are the same as those applicable to the initial Coverage Layer. The monthly Cost of Insurance Rates are shown in the Policy Specifications. There is also a guaranteed Coverage charge associated with each Term Increase. The guaranteed Coverage charge is based on the current S-ARTR Face Amount. There is no surrender charge associated with a Term Increase.

------

***Other Increases in Face Amount*** 

The Policy's Face Amount may increase under the Basic Life Coverage, the S-ARTR Rider, the LTPR, or the SVER when you request a change in Death Benefit Option. In this case, we will increase the Face Amount of the most recently issued Coverage Layer. If there are Basic Life, S-ARTR, LTPR, and/or SVER Coverage Layers with the same Coverage Layer Date, we will increase the S-ARTR Coverage Layer first, then the LTPR or SVER, and finally the Basic Face Amount.

***Requesting a Decrease in Total Face Amount*** 

You may request a decrease in the Policy's Total Face Amount. A decrease in the Total Face Amount is subject to the following limits:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**•** We do not allow decreases during the first Policy Year

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**•** You may only request one decrease per Policy Year

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**•** The Policy's Basic Face Amount must be at least $1,000 following a decrease. We can refuse your request if the change in Face Amount would mean that your Policy no longer qualifies as life insurance under the Code

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**•** Unless you have told us otherwise In Writing, any request for a decrease will not take effect if the Policy would be classified as a Modified Endowment Contract under the Code.

Decreasing the Total Face Amount may affect your Policy's tax status. To ensure your Policy continues to qualify as life insurance, we might be required:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**•** To return part of your premium payments to you if you have chosen the Guideline Premium Test, or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**•** To make distributions from the Accumulated Value, which may be taxable. For more information, please see the VARIABLE LIFE INSURANCE AND YOUR TAXES section in this prospectus.

We can refuse your request if the amount of any distributions would exceed the Net Cash Surrender Value under the Policy.

If there is a decrease in Total Face Amount, the Coverage charge for the Basic Life Coverage and any LTPR or SVER Coverage will not change. This is because the Coverage charge for these Coverages is based on the Coverage Layer at issue and at the time of any increase in Face Amount. The Coverage Charge is based on the expenses of issuing the Coverage. A decrease in Face Amount under the S-ARTR will decrease the S-ARTR Coverage charge because the charge is based on the S-ARTR current Face Amount.

Additionally, the cost of insurance charge may decrease since the Face Amount decrease may affect the Net Amount At Risk. If all LTPR, SVER, or S-ARTR Coverage Layers terminate due to a Face Amount Decrease, the Coverage charge for that Rider will no longer be deducted and Rider benefits will terminate.

If there is a decrease in the Basic or LTPR Face Amount, the Surrender Charge and Termination Charge, as applicable, for the affected Coverage Layer will not change. No Surrender Charge is imposed on a Face Amount decrease. The Termination Charge will not be deducted upon an LTPR Face Amount decrease unless the decrease reduces the Rider Face Amount to zero and the Rider terminates. If all LTPR Coverage Layers are terminated due to a Face Amount decrease, the LTPR Termination Charge will be deducted from the Policy's Accumulated Value, and the Policy's Surrender Charge will be reduced by and no longer include the surrender charge associated with LTPR Coverage. See the OPTIONAL RIDERS AND BENEFITS section of this prospectus for more information.

***Processing of Decreases*** 

Decreasing the Total Face Amount, whether as a result of your request or as a result of a withdrawal or change in Death Benefit Option, will reduce the Face Amount of the Coverage Layers.

We will apply any decrease in the Face Amount to eligible Coverage Layers to the most recent eligible increases you made to the Face Amount first and then to the Initial Face Amount.

If more than one Coverage Layer has the same Coverage Layer Date, we will first reduce the Face Amount of any S-ARTR Rider Coverage Layer first, then any LTPR or SVER Rider Coverage Layer, then the Basic Face Amount of any Policy Coverage Layer.

If you elected an accelerated death benefit rider, any accelerated Death Benefit payments made under a rider will decrease the Total Face Amount. You can find specific information about this decrease in the applicable rider description which can be found in the **OPTIONAL RIDERS AND BENEFITS** section in this prospectus.

**Death Benefit Options** 

The Policy offers three Death Benefit Options, Options A, B, and C. The Death Benefit Option you choose will generally depend on which is more important to you: the amount of the Death Benefit, Cost of Insurance Charges or the Accumulated Value of your

------

Policy.

Death Benefit Option A provides a Death Benefit equal to the Total Face Amount of the Policy. Additional premiums and Investment Option performance do not change the Total Face Amount, except in limited circumstances to ensure that the Policy qualifies as life insurance under the Code. However, additional premiums and positive Investment Option performance will increase the Accumulated Value and decrease the Net Amount At Risk which may, in turn, reduce Cost of Insurance charges. Withdrawals may reduce the Total Face Amount depending on the timing, withdrawal amount and withdrawal frequency during a Policy year.

Death Benefit Option B provides a Death Benefit equal to the Total Face Amount of the Policy plus the Accumulated Value. Additional premiums and positive Investment Option performance will increase the Death Benefit. However, since the Death Benefit under this option is based, in part, on the Accumulated Value, Policy charges and negative Investment Option performance may decrease the Death Benefit. Cost of Insurance charges are generally higher than Death Benefit Option A. Withdrawals do not reduce the Total Face Amount, but they do reduce the Accumulated Value which will in turn reduce the Death Benefit.

Death Benefit Option C provides a Death Benefit equal to the Total Face Amount of the Policy plus the total premiums paid, minus any withdrawal or distributions that reduce the Accumulated Value. The more premiums you pay and the less you withdraw, the larger the Death Benefit, subject to the Option C Death Benefit Limit. However, while taking withdrawals does not reduce the Total Face Amount, it does increase the sum of the withdrawals, which has the effect of reducing the Death Benefit. Cost of Insurance charges are generally higher than Death Benefit Option A.

Below is a chart that compares each Death Benefit Option based on features you may want to consider.

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**<u>Feature</u>** | &nbsp;&nbsp;&nbsp;**<u>Death Benefit Option A</u>**  | &nbsp;&nbsp;**<u>Death Benefit Option B</u>**  | &nbsp;&nbsp;&nbsp;**<u>Death Benefit Option C</u>**  |
| &nbsp;&nbsp;&nbsp;Death Benefit  | &nbsp;&nbsp;&nbsp;Equal to Total Face Amount  | &nbsp;&nbsp;Equal to Total Face Amount plus Accumulated Value  | &nbsp;&nbsp;&nbsp;Equal to Total Face Amount plus total premiums paid less any withdrawals or distributions that impact your Accumulated Value subject to the Option C Death Benefit Limit.  |
| &nbsp;&nbsp;&nbsp;Cost of Insurance  | &nbsp;&nbsp;&nbsp;Generally, higher Accumulated Values will decrease the Net Amount at Risk. This may in turn reduce Cost of Insurance charges. Cost of Insurance charges are generally lower than Death Benefit Option B and C.  | &nbsp;&nbsp;Generally, higher Accumulated Values will have no impact on the Net Amount at Risk. Cost of Insurance charges are generally higher than Death Benefit Option A.  | &nbsp;&nbsp;&nbsp;Generally, higher Accumulated Values will decrease the Net Amount at Risk, but premium payments will increase your Net Amount at Risk. Cost of Insurance charges are generally higher than Death Benefit Option A.  |
| &nbsp;&nbsp;&nbsp;Accumulated Value  | &nbsp;&nbsp;&nbsp;The Accumulated Value has no impact on your Death Benefit except to ensure that the Policy qualifies as life insurance under the Code (see the Minimum Death Benefit in the **Death Benefits** – Death Benefit Qualification Test section in this prospectus). However, your Cost of Insurance Charges are generally lower than Death Benefit Option B and C. Lower Cost of Insurance charges can lead to higher Accumulated Values.  | &nbsp;&nbsp;&nbsp;The higher your Accumulated Value, the higher the Death Benefit. <br>However, your Cost of Insurance Charges are generally higher than Death Benefit Option A and higher Cost of Insurance Charges can lead to lower Accumulated Values.  | &nbsp;&nbsp;&nbsp;The Accumulated Value has no impact on your Death Benefit except to ensure that the Policy qualifies as life insurance under the Code (see the Minimum Death Benefit in the **Death Benefits** – Death Benefit Qualification Test section in this prospectus). However, your Cost of Insurance Charges are generally higher than Death Benefit Option A and higher Cost of Insurance Charges can lead to lower Accumulated Values.  |
| &nbsp;&nbsp;&nbsp;Impact of Withdrawals  | &nbsp;&nbsp;&nbsp;May reduce Total Face Amount and if it does, there will be a reduction in the Death Benefit.  | &nbsp;&nbsp;Does not reduce Total Face Amount. But it does reduce the Accumulated Value which will in turn reduce the Death Benefit.  | &nbsp;&nbsp;&nbsp;Does not reduce Total Face Amount. But it does increase the total sum of withdrawals, which will reduce the Death Benefit.  |

---

All three Death Benefit Options in the table above and their features may be impacted by the Minimum Death Benefit. See the **Death Benefits – Death Benefit Qualification Test** section in this prospectus.

Here are some things you need to know about the Death Benefit:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● You choose your Death Benefit Option and Death Benefit Qualification Test on your Policy application.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● If you do not choose a Death Benefit Option, we will assume you have chosen Option A.

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The Death Benefit will never be lower than the Total Face Amount of your Policy if you have chosen Option A or B.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● You may change your Death Benefit Option subject to certain limits.

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Option A – the Total Face Amount of your Policy.** | &nbsp;&nbsp;**Option B – the Total Face Amount of your Policy plus its Accumulated Value.** | &nbsp;&nbsp;**Option C – the Total Face Amount of your Policy plus the total premiums you have paid minus any withdrawals or distributions that reduce your Accumulated Value.** |
| ![](tm2514841d2prosi001.jpg) | ![](tm2514841d2prosi002.jpg) | ![](tm2514841d2prosi003.jpg) |
| &nbsp;&nbsp;&nbsp;The Death Benefit is designed to remain level. | &nbsp;&nbsp;&nbsp;The Death Benefit changes as your Policy's Accumulated Value changes. The better your Investment Options perform, the larger the Death Benefit will be, but will never be lower than Death Benefit Option A. | &nbsp;&nbsp;&nbsp;The more premiums you pay and the less you withdraw, the larger the Death Benefit will be. |

---

The graphs are intended to show how the Death Benefit Options work and are not predictive of investment performance in your Policy. The Death Benefit Option selected by an investor impacts the dollar value of the Death Benefit, the charges paid, and the resulting Accumulated Value.

***Limits on Option C*** 

The following limits apply to Option C:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Option C must be elected at Policy issue.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● To elect Option C, the Insured must be Age 80 or younger at the time the Policy is issued.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The calculation of the total premiums paid under Option C will be equal to the minimum of (1) the total premiums paid, minus any withdrawal or distributions that reduce the Accumulated Value; or (2) the Option C Death Benefit Limit shown in your Policy Specifications minus the Face Amount of your Policy.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Once the Policy is issued, the Option C Death Benefit Limit will not change, even if you increase or decrease the Face Amount of your Policy or any Rider. However if you change your Death Benefit Option from Option C to Option A or Option B, the Option C Death Benefit Limit will no longer apply to the Policy.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● We will not approve any increase in Face Amount to the Policy or any Rider that would cause the Death Benefit to exceed the Option C Death Benefit Limit.

**Changing Your Death Benefit Option** 

You can change your Death Benefit Option while your Policy is In Force, subject to the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● You can change the Death Benefit Option once in any Policy Year.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● You must send us your Written Request.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● You can change from any Death Benefit Option to Option A or Option B. If you elect the Premier LTC Rider or the Premier Chronic Illness Rider, you can only change to Option A after exercising the rider (as defined in the Premier LTC Rider and Premier Chronic Illness Rider sections, accordingly).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● You cannot change from Death Benefit Option A or B to Option C.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The change will become effective on the first Monthly Payment Date after we receive your request. If we receive your request on a Monthly Payment Date, we will process it that day.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● We will not let you change the Death Benefit Option if doing so means the Basic Face Amount of your Policy will become less than $1,000.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Changing the Death Benefit Option can also affect the monthly cost of insurance charge since this charge varies with the Net Amount At Risk.

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The new Death Benefit Option will be used in all future calculations.

We will not change your Death Benefit Option if it means your Policy will be treated as a Modified Endowment Contract, unless you have told us In Writing that this would be acceptable to you. Modified Endowment Contracts are discussed in the **VARIABLE LIFE INSURANCE AND YOUR TAXES** section in this prospectus**.** 

Changing your Death Benefit Option will increase or decrease your Total Face Amount under the Policy. The Total Face Amount of your Policy will change by the amount needed to make the Death Benefit under the new Death Benefit Option equal the Death Benefit under the old Death Benefit Option just before the change.

If the change is an increase in the Total Face Amount, we will process the increase as described in the **DEATH BENEFITS – Changing the Face Amount – *Other Increases in Face Amount*** section in this prospectus*.*** If the change is a decrease in the Total Face Amount, we will process the decrease as described in the **DEATH BENEFITS – Changing the Face Amount – *Processing of Decreases*** section in this prospectus*.*** 

**Death Benefit Qualification Test** 

In order for your Policy to be qualified as Life Insurance under the Code, it must qualify under one of two Tests, the Cash Value Accumulation Test (CVAT) or the Guideline Premium Test (GPT).

You choose one of these Death Benefit Qualification Tests on your application. If no Death Benefit Qualification Test is chosen, we will confirm the desired Death Benefit Qualification Test selection with your life insurance producer. Your Death Benefit Qualification Test determines the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Premium limitations

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Amount of Minimum Death Benefit

Each test determines what the Minimum Death Benefit should be in relation to your Policy's Accumulated Value. The Death Benefit determined under either test will be at least equal to the amount required for the Policy to qualify as life insurance under the Tax Code. Once the Policy is issued, the Death Benefit Qualification Test cannot be changed. You may wish to consult your financial professional about which Death Benefit Qualification Test to choose before making a selection.

***Comparing the Death Benefit Qualification Tests*** 

<br>The table below shows a general comparison of how features of your Policy may be affected by your choice of Death Benefit Qualification Test. When choosing between the tests, you should consider:

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;**Cash Value Accumulation Test** | &nbsp;&nbsp;**Guideline Premium Test** |
| &nbsp;&nbsp;*Premium payments<sup>1</sup>* | &nbsp;&nbsp;&nbsp;Allows flexibility to pay more premium | &nbsp;&nbsp;&nbsp;Premium payments are limited under the Tax Code |
| &nbsp;&nbsp;*Death Benefit* | &nbsp;&nbsp;&nbsp;Generally higher than Guideline Premium Test | &nbsp;&nbsp;&nbsp;Generally lower than CVAT |
| &nbsp;&nbsp;*Monthly cost of insurance charges* | &nbsp;&nbsp;&nbsp;May be higher, if the Death Benefit is higher | &nbsp;&nbsp;&nbsp;May be lower, except in early years of Policy. |
| &nbsp;&nbsp;*Face Amount decreases* | &nbsp;&nbsp;&nbsp;Will not require return of premium or distribution of Accumulated Value | &nbsp;&nbsp;&nbsp;May require return of premium or distribution of Accumulated Value to continue Policy as life insurance |

---

1 If you want to pay a premium that increases the Net Amount At Risk, you will need to provide us with satisfactory Evidence of Insurability before we can increase the Death Benefit. In this event, your cost of insurance charges will also increase. Cost of insurance charges are based, among other things, upon your Policy's Net Amount At Risk. See **YOUR POLICY'S ACCUMULATED VALUE** for more information on how cost of insurance charges are calculated.

**Examples of Death Benefit Calculations** 

The tables below compare the Death Benefits provided by the Policy's available Death Benefit Options. The examples are intended only to show differences in Death Benefits and Net Amounts at Risk. Accumulated Value assumptions may not be realistic.

These examples show that each Death Benefit Option provides a different level of protection. Keep in mind that generally, cost of insurance charges, which affect your Policy's Accumulated Value, increase over time. The cost of insurance is charged at a rate based on the Net Amount At Risk. As the Net Amount At Risk increases, your cost of insurance increases. Accumulated Value also varies depending on the performance of the Investment Options in your Policy.

The examples displayed in the tables below represent varied outcomes using differing testing methods. The Cash Value Accumulation Test may be more beneficial if you want more flexibility in your ability to pay more premium into the policy, though you may experience higher policy charges. The Guideline Premium Test may be more beneficial if you want to limit your policy's charges, though the amount of premium you pay into the policy is limited according to the Tax Code.

The example below assumes the following:

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The Insured is Age 45 at the time the Policy was issued and dies at the beginning of the tenth Policy Year;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Face Amount is $100,000

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Accumulated Value at the date of death is $25,000

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Total premium paid into the Policy is $30,000

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The Minimum Death Benefit under the Guideline Premium Test is $39,250 (assuming a Guideline Minimum Death Benefit Percentage of 157% of the Accumulated Value)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The Minimum Death Benefit under the Cash Value Accumulation Test is $43,250 (assuming a Cash Value Accumulation Test Minimum Death Benefit Percentage of 173% of the Accumulated Value).

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **If you select the Guideline Premium Test, the Death Benefit is the larger of these two amounts** | **If you select the Guideline Premium Test, the Death Benefit is the larger of these two amounts** | **If you select the Guideline Premium Test, the Death Benefit is the larger of these two amounts** | **If you select the Guideline Premium Test, the Death Benefit is the larger of these two amounts** |
| &nbsp;&nbsp;**Death** <br>**Benefit Option**  | &nbsp;&nbsp;&nbsp;**How it's calculated**  | &nbsp;&nbsp;&nbsp;&nbsp;**Death Benefit under the Death Benefit Option**  | &nbsp;&nbsp;&nbsp;**Minimum Death Benefit**  | &nbsp;&nbsp;&nbsp;**Net Amount At Risk used for cost of insurance charge**  |
| Option A  | &nbsp;&nbsp;&nbsp;&nbsp;Total Face Amount  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$100000  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$39250  | &nbsp;&nbsp;&nbsp;&nbsp;$74917.12  |
| Option B  | &nbsp;&nbsp;&nbsp;&nbsp;Total Face Amount plus Accumulated Value  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$125000  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$39250 | &nbsp;&nbsp;&nbsp;&nbsp;$99896.40  |
| Option C  | &nbsp;&nbsp;&nbsp;&nbsp;Total Face Amount plus premiums less distributions  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$130000  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$39250 | &nbsp;&nbsp;&nbsp;&nbsp;$104892.25  |
|  | **If you select the Cash Value Accumulation Test, the Death Benefit is the larger of these two amounts** | **If you select the Cash Value Accumulation Test, the Death Benefit is the larger of these two amounts** | **If you select the Cash Value Accumulation Test, the Death Benefit is the larger of these two amounts** | **If you select the Cash Value Accumulation Test, the Death Benefit is the larger of these two amounts** |
| &nbsp;&nbsp;**Death Benefit Option**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**How it's calculated**  | &nbsp;&nbsp;&nbsp;&nbsp;**Death Benefit under the Death Benefit Option**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Minimum Death Benefit**  | &nbsp;&nbsp;&nbsp;&nbsp;**Net Amount At Risk used for cost of insurance charge**  |
| Option A  | &nbsp;&nbsp;&nbsp;&nbsp;Total Face Amount  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$100000  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$43250 | &nbsp;&nbsp;&nbsp;&nbsp;$74917.12  |
| Option B  | &nbsp;&nbsp;&nbsp;&nbsp;Total Face Amount plus Accumulated Value  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$125000  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$43250  | &nbsp;&nbsp;&nbsp;&nbsp;$99896.40  |
| Option C  | &nbsp;&nbsp;&nbsp;&nbsp;Total Face Amount plus premiums less distributions  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$130000  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$43250  | &nbsp;&nbsp;&nbsp;&nbsp;$104892.25 |

---

If the Death Benefit equals the Minimum Death Benefit, any increase in Accumulated Value will cause an automatic increase in the Death Benefit.

Here's the same example, but with an Accumulated Value of $75,000. Because Accumulated Value has increased, the Minimum Death Benefit is now:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● $117,750 for the Guideline Premium Test

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● $129,750 for the Cash Value Accumulation Test.

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **If you select the Guideline Premium Test, the Death Benefit is the larger of these two amounts** | **If you select the Guideline Premium Test, the Death Benefit is the larger of these two amounts** | **If you select the Guideline Premium Test, the Death Benefit is the larger of these two amounts** | **If you select the Guideline Premium Test, the Death Benefit is the larger of these two amounts** |
| &nbsp;&nbsp;**Death** <br>**Benefit Option**  | &nbsp;&nbsp;&nbsp;&nbsp;**How it's calculated**  | &nbsp;&nbsp;&nbsp;&nbsp;**Death Benefit under the Death Benefit Option**  | &nbsp;&nbsp;**Minimum Death Benefit**  | &nbsp;&nbsp;**Net Amount At Risk used for cost of insurance charge**  |
| &nbsp;&nbsp;&nbsp;&nbsp;Option A  | &nbsp;&nbsp;&nbsp;&nbsp;Total Face Amount  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$100000  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$117750  | &nbsp;&nbsp;&nbsp;&nbsp;$42652.41  |
| &nbsp;&nbsp;&nbsp;&nbsp;Option B  | &nbsp;&nbsp;&nbsp;&nbsp;Total Face Amount plus Accumulated Value  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$175000  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$117750  | &nbsp;&nbsp;&nbsp;&nbsp;$99854.96  |
| &nbsp;&nbsp;&nbsp;&nbsp;Option C  | &nbsp;&nbsp;&nbsp;&nbsp;Total Face Amount plus premiums less distributions  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$130000  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$117750  | &nbsp;&nbsp;&nbsp;&nbsp;$54892.25  |
|  | **If you select the Cash Value Accumulation Test, the Death Benefit is the larger of these two amounts** | **If you select the Cash Value Accumulation Test, the Death Benefit is the larger of these two amounts** | **If you select the Cash Value Accumulation Test, the Death Benefit is the larger of these two amounts** | **If you select the Cash Value Accumulation Test, the Death Benefit is the larger of these two amounts** |
| &nbsp;&nbsp;**Death Benefit Option**  | &nbsp;&nbsp;&nbsp;&nbsp;**How it's calculated**  | &nbsp;&nbsp;&nbsp;&nbsp;**Death Benefit under the Death Benefit Option**  | &nbsp;&nbsp;&nbsp;&nbsp;**Minimum Death Benefit**  | &nbsp;&nbsp;**Net Amount At Risk used for cost of insurance charge**  |
| &nbsp;&nbsp;&nbsp;&nbsp;Option A  | &nbsp;&nbsp;&nbsp;&nbsp;Total Face Amount  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$100000  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$129750 | &nbsp;&nbsp;&nbsp;&nbsp;$54642.46 |
| &nbsp;&nbsp;&nbsp;&nbsp;Option B  | &nbsp;&nbsp;&nbsp;&nbsp;Total Face Amount plus Accumulated Value  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$175000  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$129750  | &nbsp;&nbsp;&nbsp;&nbsp;$99854.96  |

---

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;Option C  | &nbsp;&nbsp;&nbsp;&nbsp;Total Face Amount plus premiums less distributions  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$130000  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$129750  | &nbsp;&nbsp;&nbsp;&nbsp;$54892.25 |

---

**When We Pay the Death Benefit** 

We calculate the amount of the Death Benefit Proceeds effective the end of the day the Insured dies. If the Insured dies on a day that is not a Business Day, any portion of the Death Benefit Proceeds attributed to the Variable Accumulated Value is determined as of the next Business Day.

We will pay the Death Benefit Proceeds after receiving proof that the Insured died while the Policy was In Force, along with payment instructions. Your Beneficiary can choose to receive the Death Benefit Proceeds in a lump sum or we may make other options available in addition to the single check option.

Death Benefit Proceeds equal the total of the Death Benefits provided by your Policy and any Riders you have added, minus any Total Policy Debt, minus any overdue Monthly Deductions.

If required by state law, we will pay interest on the Death Benefit Proceeds from the date of death to the date the claim is paid at a rate not less than the rate payable for funds left on deposit that is in effect on the date of death which, will vary by state. See the **APPENDIX: STATE LAW VARIATIONS – TIMING OF PAYMENTS, FORMS AND REQUESTS** section in this prospectus.

**It is important that we have a current address, social security number, telephone number and email address for each designated Beneficiary so that we can pay Death Benefit Proceeds promptly.** If we cannot pay the Death Benefit Proceeds to the designated Beneficiary within the dormancy period defined by a state's Unclaimed Property laws or regulations, we will be required to pay the Death Benefit Proceeds to the applicable state. Once the Death Benefit Proceeds are paid to a state, any subsequent claim by a designated Beneficiary must be made with the applicable state. For more information, check with the state to whom the Death Benefit Proceeds were paid.

------

#### OTHER BENEFITS AVAILABLE UNDER THE POLICY
**In addition to the standard Death Benefits associated with your Policy, other standard and/or optional benefits may also be available to you. The following table summarizes information about those benefits. Information about the fees associated with each benefit included in the table may be found in the FEE TABLES section.**

Certain Policy features and benefits described in this Prospectus may vary or may not be available depending on the broker-dealer through which your Policy was sold. See **APPENDIX: FINANCIAL INTERMEDIARY VARIATIONS** in this Prospectus for more information.

---

| | | | |
|:---|:---|:---|:---|
| **Name of Benefit** | **Purpose** | **Is Benefit Standard or Optional?** | **Brief Description of Restriction/Limitations** |
| Dollar Cost Averaging | Allows you to make scheduled transfers between Variable Investment Options. | Standard | ● Each transfer must be for $50 or more.<br>● Transfers may not be made to or from the Fixed Options or the Indexed Fixed Options.<br>● Transfers can be scheduled monthly, quarterly, semi- annually or annually.<br>● The Variable Investment Option must have at least $5,000 to start.<br>● The amount remaining in a Variable Investment Option after a transfer must be at least $500.<br>● May not use this service and the Portfolio Rebalancing, First Year Transfer, or Fixed Option Interest Sweep at the same time.<br>● There is no assurance that dollar cost averaging will be a successful strategy. |
| First Year Transfer | Allows you to make monthly transfers from the Fixed Account to the Variable Investment Options during the Policy's first year. | Standard | ● Must enroll when you apply for the Policy.<br>● Transfers may not be made between the Variable Investment Options.<br>● May not use this service and the Dollar Cost Averaging, Portfolio Rebalancing, or Fixed Option Interest Sweep at the same time. |
| Fixed Option Interest Sweep | Allows you to make scheduled transfers of the accumulated interest earnings from the Fixed Account to the Variable Investment Options. | Standard | ● Each transfer must be at least $50. If the earnings are not $50 at the time of transfer, the transfer will be held until the next scheduled transfer date when the interest earnings are at least $50.<br>● May not use this service and the Dollar Cost Averaging, Portfolio Rebalancing, or First Year Transfer at the same time. |
| Portfolio Rebalancing | Allows you to make automatic transfers among the Variable Investment Options according to your allocation instructions. | Standard | ● Transfers may not be made to or from the Fixed Options or the Indexed Fixed Options.<br>● Transfers can be scheduled monthly, quarterly, semi-annually, or annually. <br>● If you make transfers out of the Variable  |

---

------

---

| | | | |
|:---|:---|:---|:---|
|  |  |  | &nbsp;&nbsp;&nbsp;Investment Options you selected under the service, the service will end. You will have to wait 30 days before you can re-enroll with new allocation instructions.<br>● May not use this service and the Dollar Cost Averaging, First Year Transfer, or Fixed Option Interest Sweep at the same time. |
| Automated Income Option | Allows you to make scheduled withdrawals or loans from the Policy. | Standard | ● This option is available for use after the 7th Policy Anniversary.<br>●The Policy must have a minimum Net Cash Surrender Value of $50,000 to start withdrawals or loans under this option and cannot be a Modified Endowment Contract.<br>● Only one type of loan may be elected at one time.<br>● Withdrawals or loans can be scheduled monthly or annually.<br>● Each withdrawal or loan must be at least $500 for monthly or $1,000 for annual payments.<br>● Withdrawals or loans will be taken from each Investment Option in proportion to the Accumulated Value in each Investment Option.<br>● Any additional withdrawal or loan made that is not part of this option will cause this option to cancel and delay in restarting a new schedule under this option.<br>● Withdrawals and loans under this program may reduce Policy values and the Death Benefit, perhaps significantly, and may increase your risk of lapse.<br>● Withdrawals and loans under the AIO program may result in tax liability. |
| Scheduled Indexed Transfer Program | Allows you to make scheduled transfers from the Fixed Account to the available Indexed Fixed Options. | Standard | ● Must specify one of the two available methods to make the allocation: the Specified Amount method or the Period Depletion method.<br>● Allocations from the Fixed Account to new segments of an Indexed Fixed Option will occur on the Transfer Date after any other transfers or premium payments allocations have occurred. |
| Long Term Performance Rider (LTPR) | Provides insurance on the Insured in combination with the Basic Face Amount of the Policy. | Optional | ● Must be elected at Policy issue.<br>● Additional cost applies.<br>● Available for Insured's Age 90 or younger at issue.<br>● Any increase in Face Amount under the Rider will be subject to satisfactory evidence of insurability.<br>● Rider termination may only occur on a monthly anniversary.<br>● Cannot be issued with the Surrender Value  |

---

------

---

| | | | |
|:---|:---|:---|:---|
|  |  |  | &nbsp;&nbsp;&nbsp;Enhancement Rider 3. |
| Surrender Value Enhancement Rider 3 (SVER) | Provides insurance on the Insured in combination with the Basic Face Amount of the Policy. | Optional | ● Must be elected at Policy issue.<br>● Additional cost applies.<br>● Any increase in Face Amount under the Rider will be subject to satisfactory evidence of insurability.<br>● Cannot be issued with the LTPR. |
| Scheduled Annual Renewable Term Rider (S-ARTR) | Provides for scheduled increases in insurance on the Insured generally without the requirements for future medical underwriting. | Optional | ● Must be elected at Policy issue.<br>● Additional cost applies.<br>● Does not provide term insurance at Policy issue, only as scheduled on certain Policy Anniversaries.<br>● Any request for an increase in the amount of future scheduled insurance may be subject to evidence of insurability and is subject to our approval.<br>● The amount of scheduled insurance under this rider is limited based on age of the insured.<br>● If you reject a scheduled increase that has been approved, all future increases may be forfeited. |
| Flexible Duration No-Lapse Guarantee (FDNLG) Rider  | Provides that the Policy and any optional benefits you have selected will remain In Force even if the Policy's Net Cash Surrender Value is insufficient to cover the total monthly deduction, provided that the No-Lapse Guarantee Value less any Policy Debt is greater than zero. | Optional | ● Must be elected at Policy issue.<br>● Additional cost applies.<br>● Available if Insured is at least age 18 and is no older than age 90 at Policy issue.<br>● At the initial purchase and during the entire time that you own this rider, you must allocate 100% of your Accumulated Value among the allowable Investment Options for the Rider listed under the **APPENDIX: FUNDS AVAILABLE UNDER THE POLICY – Allowable Investment Options** section in this prospectus or the Rider will terminate.<br>● The no-lapse guarantee applies as long as the Net No- Lapse Guarantee Value (No-Lapse Guarantee Value less any Total Policy Debt) is greater than zero.<br>● The No-Lapse Guarantee Value depends on a number of factors including amount and timing of premiums paid and hypothetical values under the rider which are affected by Policy loans, withdrawals, interest rates, Policy changes, and other factors.<br>● Benefit will terminate upon electing an unscheduled increase in Face Amount under the Policy. |

---

------

---

| | | | |
|:---|:---|:---|:---|
| Up to Age 90 No-Lapse Guarantee (NLG) Rider | Protects the Policy from lapsing for a specified guaranteed period of time due to poor Policy performance. | Standard, if eligible | ● Automatically issued on your Policy if Insureds are Age 79 and younger and Death Benefit Option A or B is chosen at Policy Issue.<br>● Subject to the above, the guarantee period is based on the ages of the Insureds when the Policy is issued and ends on the Policy Anniversary when the youngest Insured reaches attained age 90.<br>● The range a guarantee period may last is 11 years (if the Insured is Age 79) to 90 years (if the Insured is Age 0). Your guarantee period is shown in your Policy specifications.<br>● Benefit will be provided if a certain amount of premium is paid each Policy month.<br>● The no-lapse guarantee is in effect as long as the No-Lapse Credit less Policy Debt is equal to or greater than zero. The No-Lapse Credit depends on a number of factors and is affected by Policy loans, premiums, and withdrawals.<br>● Benefit will terminate if any rider added to the Policy after issue has charges. |
| Overloan Protection 3 Rider | Provides Policy lapse protection if Policy debt through a Standard Loan is greater than the Accumulated Value, resulting in the Policy being overloaned. | Standard | ● Automatically issued on your Policy if eligibility requirements are met.<br>● Additional one-time cost at exercise of benefit.<br>● Benefit cannot be exercised during the first 15 Policy years, before the Insured is Age 75, while there is an Alternate Loan in effect, the Policy has entered the Grace Period, or if Death Benefit Option B or C was elected (can change to Option A to exercise benefit).<br>● Once exercised, no premiums, withdrawals, loan repayments (other than loan interest due), a Policy benefit change or addition at your request, or transfers at your request between Investment Options may occur.<br>● If the Rider is exercised, all Accumulated Value in the Investment Options and Segment Maturity Value of any Indexed Account at Segment Maturity will be transferred to the Fixed Account.<br>● If the Rider is exercised, any accelerated death benefit riders (Premier LTC, Premier Living Benefit 2, Premier<br>●Chronic Illness, and Terminal Illness Riders) will terminate and any increases in Face Amount that are scheduled to take effect after exercise of this Rider will be cancelled. |

---

------

---

| | | | |
|:---|:---|:---|:---|
| Premier LTC Rider | Provides access to all or a portion of the Policy death benefit proceeds if the Insured has been certified as a chronically ill individual. | Optional | ● Must be elected at Policy issue.<br>● Additional cost applies.<br>● Subject to the eligibility and other conditions described in the rider. Some of the conditions include the Insured being certified as a chronically ill individual, meeting the 90-day Elimination Period before benefits are payable, and obtaining written consent for benefit payments by any assignee or irrevocable Beneficiary.<br>● This Rider will not pay for care or services under certain circumstances as outlined in the Rider.<br>● Cannot be added to a Policy that was issued with the Premier Living Benefits Rider 2 or the Premier Chronic Illness Rider.<br>● Payments are made monthly.<br>● Chronic Illness must be certified by a licensed health care practitioner (not the insured, owner, beneficiary, or relative).<br>● If the Rider is exercised, certain Policy values including the Total Face Amount, Death Benefit, Accumulated Value, loan amounts, and Cost of Insurance charges (in most cases) will be reduced. In addition, any Automated Income Option or other Systematic Distribution Program will be discontinued. |
| Premier Chronic Illness Rider | Provides access to a portion of the Policy Death Benefit Proceeds if the Insured has been certified as chronically ill. | Optional | ● Available at Policy issue.<br>● Satisfactory Evidence of Insurability is required.<br>● Not available for Policies issued in California.<br>● Cannot be issued with the Premier Living Benefits Rider 2 or the Premier LTC Rider.<br>● Available if Insured is at least age 18 and no older than age 75 at Policy issue.<br>● Subject to the eligibility and other conditions described in the Rider such as certification of having a chronic illness, making a Written Request for benefits, and not exceeding the maximum amount of the Death Benefit that may be utilized for chronic illness benefits.<br>● When benefits are paid, certain Policy values (the Total Face Amount, Accumulated Value, Policy loans, Policy Debt, Loan Account, Loan Account Value and any Surrender Charges) will be reduced by the Acceleration Percentage. In addition, any Automated Income Option or other Systematic Distribution Program will be discontinued.<br>● Chronic illness benefits may be requested once every 12-month period.<br>● Chronic illness must be certified by a licensed health care practitioner (not the Insured, Owner, or Immediate Family Member). |

---

------

---

| | | | |
|:---|:---|:---|:---|
|  |  |  | ● During a Benefit Year (as defined in the Premier Chronic Illness Rider section), a Policy Owner can only change from Death Benefit Option B to Option A.<br>● During a Benefit Year, transfers from the Fixed Account to the Variable Investment Options are not permitted.<br>● Transfers to the Indexed Fixed Account are not permitted.<br>● Overloan protection riders will terminate at the time the first Terminal Illness Benefit Proceeds are paid. |
| Premier Living Benefits Rider 2 | Provides access to all or a portion of the Policy death benefit proceeds if the Insured has been certified as a chronically ill individual or a terminally ill individual. | Standard, if eligible | ● Automatically added at Policy issue if eligible.<br>● Satisfactory Evidence of Insurability is required.<br>● Cannot be issued with the Terminal Illness Rider, the Premier Chronic Illness Rider, or the Premier LTC Rider.<br>● Subject to the eligibility and other conditions described in the rider such as certification of having a chronic or<br>terminal illness, making a Written Request for benefits, and not exceeding the maximum amount of the Death Benefit that may be utilized for chronic or terminal illness benefits.<br>● When benefits are paid, the Policy death benefit will be reduced by an amount greater than the benefit payment. Other Policy values will be reduced pro rata.<br>● Chronically ill benefits may be requested once every 12-month period.<br>● Chronic illness must be certified by a licensed health care practitioner (not the insured, owner, beneficiary, or relative).<br>● Terminal illness must be certified by a licensed physician (not the insured, owner, beneficiary, or relative).<br>● Once the Rider is exercised, we will not allow any requested increases in benefits under the Policy or any Riders.<br>● If the Rider is exercised, certain Policy values including the Total Face Amount, Death Benefit, Accumulated Value, loan amounts, and Cost of Insurance charges (in most cases) will be reduced. In addition, any Automated Income option or other Systematic Distribution Program will be discontinued. |

---

------

---

| | | | |
|:---|:---|:---|:---|
| Terminal Illness Rider | Provides access to a portion of the Policy Death Benefit Proceeds if the Insured has been certified as a terminally ill individual. | Standard, unless eligible for Premier Living Benefits Rider 2. | ● Available at Policy issue.<br>● Not available for Policies issued with the Premier Living Benefits Rider 2.<br>● Issued when Premier Living Benefits Rider 2 is not issued.<br>● You may opt out of the Rider at any time.<br>● Subject to the eligibility and other conditions described in the Rider such as certification of having a terminal illness, making a Written Request for benefits, and not exceeding the maximum amount of the Death Benefit that may be utilized for terminal illness benefits.<br>● Terminal illness must be certified by a licensed physician (not the Insured, Owner, or Immediate Family Member).<br>● When benefits are paid, certain Policy values (the Total Face Amount, Accumulated Value, Policy Debt, Loan Account, Loan Account Value, and any Surrender Charges) will be reduced by the Acceleration Percentage. In addition, any Automated Income option or other systematic Distribution Program will be discontinued. |
| Conversion Rider | Allows you to convert eligible coverages into a new Policy. | Standard | ● Automatically added at Policy issue.<br>● If the Policy's Face Amount has been increased and that resulted in insurance coverage with Risk Classes that differ from the Policy's original insurance coverage, the new Policy will be issued with the Risk Class of the most recent insurance coverage added.<br>● If exercised, a new Policy will be issued and any insurance coverage under this Policy will terminate. |
| Alternate Loan Rider 3 | Allows an alternative to the Standard Loan under the Policy and when you borrow money using the Indexed Accounts as security for the loan, the money backing the loan will remain invested in those Indexed Accounts. | Standard | ● Automatically added at Policy issue.<br>● Available starting in Policy Year 3.<br>● Must have Accumulated Value allocated to the Indexed Accounts to use this loan.<br>● Loan interest rate charged on amount borrowed is higher than the Standard Loan interest rate.<br>● Currently, all Indexed Accounts are available for use with this benefit. |
| Minimum Indexed Benefit Rider | Allows for a termination credit when the interest credited to certain Indexed Accounts is less than the charges attributable to those Indexed Accounts. | Standard | ● Automatically added at Policy issue.<br>● Will not provide a benefit if the interest credited to the Indexed Accounts is greater than certain charges when the Policy is no longer In Force.<br>● Benefit will be reduced when a benefit payment is made under any rider that pays an accelerated death benefit. |

---

------

#### OPTIONAL RIDERS AND BENEFITS
You may select to add to your Policy various optional Riders that provide extra benefits. Some Riders are available with an additional cost. We will add any ongoing Rider charges to the Monthly Deductions. Some Rider charges apply upon exercise of the benefit or benefit-related requests. See the FEE TABLES section in this prospectus for information about Rider charges.

Not all Riders are available in every state. See **APPENDIX: STATE LAW VARIATIONS**. Some broker/dealers may limit their clients' ability to purchase some optional Riders based on the client's age or other factors. Ask your financial professional for more information about the Riders available with the Policy. You should work with your financial professional to decide whether an optional Rider is appropriate for you.

The available optional Riders include:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**•** Three Coverage Riders that provide insurance Coverage in addition to the Basic Coverage available under the Policy.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**•** Three Riders that provide no-lapse guarantees that may keep a Policy In Force even if the Policy's Accumulated Value is not sufficient to pay Monthly Deductions.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**•** Four Riders that provide accelerated Death Benefits.

The table in the **OTHER BENEFITS AVAILABLE UNDER THE POLICY** section above provides an overview of these optional Riders for you to compare.

Below is a summary of the Coverage Riders, no- lapse guarantee Riders, and accelerated death benefit Riders followed by a description of each Rider.

Summary of Coverage Riders

In addition to the Basic Life Coverage that is provided under the Policy, you may also select insurance Coverage under:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**• Long Term Performance Rider (LTPR).** This Rider provides additional insurance on the Insured in combination with the Face Amount of the Policy. A Coverage Layer is provided at Policy issue if you select the LTPR. This Rider has a Surrender Charge that increases the total Surrender Charge under the Policy based on the Face Amount of each LTPR Coverage Layer, including any increase in Coverage. The LTPR Surrender Charge applies for 10 years after each LTPR Coverage's Coverage Layer Date. If the Policy is surrendered during any Coverage Layers' 10-year period, the Coverage Layers' Surrender Charge will be deducted from the Policy's Accumulated Value. The Rider also has a Termination Charge based on each LTPR Coverage Layer. The LTPR Termination Charge applies for 10 years after each LTPR Coverage's Coverage Layer Date. If you terminate the LTPR during any Coverage Layers' 10-year period, while the Policy remains In Force, we will deduct the Coverage Layers' Termination Charge from your Policy's Accumulated Value and the Policy Surrender Charge will be reduced by and no longer include the surrender charge associated with LTPR Coverage. You may request increases or decreases in the Face Amount provided by the Rider. Any increase will be subject to satisfactory Evidence of Insurability and will result in new Coverage Charges, new LTPR Surrender Charges and new Termination Charges for the new Coverage Layer. The Coverage Charges associated with LTPR are not reduced or eliminated unless the LTPR is terminated.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**• Surrender Value Enhancement Rider 3 (SVER**). This Rider provides additional insurance on the Insured in combination with the Face Amount of the Policy. A Coverage Layer is provided at Policy issue if you select this Rider. You may request increases or decreases in the Face Amount provided by the Rider. Any increase will be subject to satisfactory Evidence of Insurability and will result in new Coverage Charges for the new Coverage Layer. The Coverage Charges associated with SVER are not reduced or eliminated unless the SVER is terminated.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**• Scheduled Annual Renewable Term Rider (S-ARTR).** This Rider provides insurance on the Insured on a specified schedule you select. A Coverage Layer is not provided at Policy issue. No future Evidence of Insurability is required for the scheduled increases in Face Amount provided by the Rider.

#### Possible Combinations with other Coverages
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**•** Basic only

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**•** Basic and S-ARTR

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**•** Basic and LTPR

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**•** Basic, LTPR, and S-ARTR

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**•** Basic and SVER

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**•** Basic, SVER, and S-ARTR

The chart below provides a high-level summary of the different types of Coverages under the Policy, LTPR, SVER, and S-ARTR.

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Long Term Performance Rider (LTPR)** | **Basic Life Coverage (Basic)** | **Surrender Value Enhancement Rider 3 (SVER)** | **Scheduled Annual Renewable Term Rider (S-ARTR)** |
| **<u>Summary</u>** | Provides additional insurance Coverage along with the Basic Coverage<br>May provide greatest long-term Accumulated Value due to Additional Credits but lowest short-term Accumulated Value due to Surrender Charges and Termination Charges  | Provides Basic insurance Coverage<br>May provide lower Additional Credits than the LTPR and the lowest required premiums for the no-lapse guarantee riders | Provides additional insurance Coverage along with the Basic Coverage<br>May provide best opportunity for early liquidity because no Surrender Charges or Termination Charges apply, but lowest long-term Accumulated Value because no Additional Credits apply  | Provides additional insurance Coverage in specified amounts on a specified schedule with the Basic Coverage |
| **<u>Cost of Insurance</u>**  |  |  |  |  |
| *Current Rates* | Same current rates as Basic | Same current rates as LTPR | Generally higher current rates than LTPR and Basic | Because the current rates are based upon when additional Coverage is added, the current rates are generally higher than Basic and LTPR |
| *Guaranteed Rates* | Same guaranteed Cost of Insurance Rates apply to all | Same guaranteed Cost of Insurance Rates apply to all | Same guaranteed Cost of Insurance Rates apply to all | Same guaranteed Cost of Insurance Rates apply to all |
| **<u>Coverage Charge</u>**  |  |  |  |  |
| *When Coverage Charges are Assessed* | For Death Benefit Option A & C, the Coverage Charge is assessed for 10 years for each Coverage Layer starting on its Coverage Layer Date<br>For Death Benefit Option B, the Coverage Charge is assessed for 5 years for each Coverage Layer starting on its Coverage Layer Date | The Coverage Charge is assessed for 10 years for each Coverage Layer starting on its Coverage Layer Date | The Coverage Charge is assessed in years 2-10 for each Coverage Layer | None currently assessed |
| *How Coverage Charges are determined* | Based on the Face Amount of each Coverage Layer | Based on the Face Amount of each Coverage Layer | Based on the Face Amount of each Coverage Layer | Not applicable |

---

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Long Term Performance Rider (LTPR)** | **Basic Life Coverage (Basic)** | **Surrender Value Enhancement Rider 3 (SVER)** | **Scheduled Annual Renewable Term Rider (S-ARTR)** |
| *Current Coverage Charge Rates* | For Death Benefit Option A & C, the current rate is the same for all 10 years<br>For Death Benefit Option B, the current rate is the same for all 5 years | For Death Benefit Option A & C, the current rate is the same for the first 3 years, and then a lower rate applies in years 4-10<br>For Death Benefit Option B, the current rates decrease each year | The current rate is the same in years 2-5, and then a higher rate applies in years 6-10 | Not applicable |
| *Guaranteed Maximum Coverage Charge Rate* | Higher guaranteed maximum rate than Basic | Lower guaranteed maximum rate than LTPR, SVER, and S-ARTR | Higher guaranteed maximum rate than Basic | Higher guaranteed maximum rate than Basic |
| **<u>Surrender Charge</u>** | For each Coverage Layer, the Surrender Charge applies for 10 years starting on its Coverage Layer Date  | For each Coverage Layer, the Surrender Charge applies for 10 years starting on its Coverage Layer Date  | No Surrender Charge applies | No Surrender Charge applies |
| *Surrender Charge Rate* | Is higher than the Surrender Charge rate for Basic | Is lower than the Surrender Charge rate for LTPR | Not applicable | Not applicable |
| **<u>Termination Charge</u>** | For each Coverage Layer, the Termination Charge applies for 10 years starting on its Coverage Layer Date | No Termination Charge applies | No Termination Charge applies | No Termination Charge applies |
| **<u>Additional Credits</u>** | Additional Credits may be added that may be higher than Additional Credits for Basic | Additional Credits may be added that may be lower than Additional Credits for LTPR | No Additional Credits are added | No Additional Credits are added |
| **<u>No-Lapse Guarantee</u>**  | Greater required Premiums required than for Basic | Lower required Premiums than for LTPR and SVER and provides the opportunity for the best no-lapse guarantee | Greater required Premiums required than for Basic | Each scheduled increase in S-ARTR will generally result in a lower no-lapse guarantee duration than it was prior to the increase |
| **<u>Ability to Convert Coverage</u>** | Coverage can be converted to another policy in year 8 | Coverage can be converted to another policy in year 8 | Coverage can be converted to another policy in year 8 | Not available |
| **<u>Underwriting Considerations</u>** | Underwriting is required for increases in Coverage | Underwriting is required for increases in Coverage | Underwriting is required for increases in Coverage | No underwriting is required for scheduled increases in Coverage |

---

The charts below compare the hypothetical Cash Surrender Values of three different scenarios over the course of 40 Policy Years. The Total Face Amount in each scenario is $1,000,000. The three different scenarios have the following Coverages and Face Amounts associated with each Coverage:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● $1,000,000 of Basic Coverage

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● [$10,000 of Basic Coverage + $990,000 of LTPR Coverage, the maximum allowed for LTPR]

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● [$10,000 of Basic Coverage + $990,000 of SVER Coverage, the maximum allowed for SVER]

This chart assumes:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● An insured male age 45 with a super preferred rating

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● 10 premium payments of $14,799

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● 7% gross rate (6.69% net)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Current charges

![](tm2514841d2prosi004.jpg)

![](tm2514841d2prosi005.jpg)

*Summary of No-Lapse Guarantee Riders* 

This Policy currently offers three no-lapse guarantee riders. The Riders are the Flexible Duration No-Lapse Guarantee Rider (FDNLG), the Up to Age 90 No-Lapse Guarantee Rider (NLG), and the Overloan Protection 3 Rider.

&nbsp;&nbsp;&nbsp;&nbsp;● **Up to Age 90 No-Lapse Guarantee Rider**. The no lapse guarantee under this Rider is designed to last for a certain guarantee period as long as certain minimum premiums are paid. This Rider provides that the Policy and any optional benefits you have elected will remain In Force during the guarantee period as long as the No-Lapse Credit less Policy Debt is equal to or greater than zero. The Rider is available at Policy issue for Insureds Age 79 and younger and if you choose Death Benefit Option A or B when applying for your Policy. This Rider is automatically added to the Policy if eligibility conditions are met.

&nbsp;&nbsp;&nbsp;&nbsp;● **Flexible Duration No-Lapse Guarantee Rider**. The no lapse guarantee under this Rider can cover the lifetime of the Insured and is designed to provide no-lapse protection for a period longer than the No-Lapse Guarantee Rider. This Rider provides that the Policy and any optional benefits you have elected will remain In Force even if the Policy's Net

------

Accumulated Value is insufficient to cover the total monthly deduction, provided that the No Lapse Guarantee Value less any Policy Debt is greater than zero.

&nbsp;&nbsp;&nbsp;&nbsp;● **Overloan Protection 3 Rider**. The no lapse guarantee under this Rider is designed to prevent the Policy from lapsing when the Standard Policy Debt is greater than the Policy's Accumulated Value resulting in the Policy being overloaned. There are restrictions on when this Rider may be exercised. This Rider is available at Policy issue for Insureds Age 80 and younger if the Guideline Premium Test is used as the Death Benefit Qualification Test. This Rider is automatically added to the Policy if eligibility conditions are met.

Complete information about each Rider is below.

*Summary of Accelerated Death Benefit Riders* 

This Policy currently offers four accelerated death benefit Riders. The Riders are the Premier LTC Rider, Premier Living Benefits Rider 2, Premier Chronic Illness Rider, and the Terminal Illness Rider.

&nbsp;&nbsp;&nbsp;&nbsp;● **Premier LTC Rider**. This Rider is a long-term care insurance rider that provides protection from the financial impacts of requiring long-term care services due to a chronic illness by providing acceleration of all or a portion of the Death Benefit. Benefit payments are made monthly. This Rider is not available for a Policy issued with the Premier Living Benefits Rider 2 or the Premier Chronic Illness Rider.

&nbsp;&nbsp;&nbsp;&nbsp;● **Premier Living Benefits Rider 2**. This Rider provides protection from the financial impacts of becoming chronically ill or terminally ill by providing acceleration of a portion of the Death Benefit. Benefit payments for a chronic illness can be made monthly or as an annual payment. Benefit payments for a terminal illness will be paid in one lump sum. This Rider is not available for a Policy issued with the Terminal Illness Rider, the Premier LTC

Rider, or the Premier Chronic Illness Rider.

&nbsp;&nbsp;&nbsp;&nbsp;● **Premier Chronic Illness Rider.** This Rider provides protection from the financial impacts of becoming chronically ill by providing acceleration of a portion of the Death Benefit. This Rider does not provide benefits for someone who is terminally ill. The benefit payments can be made monthly or as an annual payment. This Rider is not available for a Policy issued with the Premier Living Benefits Rider 2 or the Premier LTC Rider.

&nbsp;&nbsp;&nbsp;&nbsp;● **Terminal Illness Rider**. This Rider provides protection from the financial impacts of becoming terminally ill by providing acceleration of a portion of the Death Benefit. This Rider does not provide benefits for someone who is chronically ill. The benefit payments will be paid in one lump sum. This Rider is not available if your Policy was issued with the Premier Living Benefits Rider 2.

Complete information about each Rider is below.

**Optional Riders and Benefits** 

**Long Term Performance Rider (LTPR)** 

Provides insurance on the Insured and renews annually until the Policy terminates. The Rider is available for Insureds Age 90 or younger at the time of Rider issue. The Rider modifies the Death Benefit of the Policy to include the Face Amount of the Rider, so that the Death Benefit equals the greater of the Death Benefit as calculated under 1) the Death Benefit Option you choose on the Policy plus the Face Amount of the Rider, or 2) the Minimum Death Benefit under the Death Benefit Qualification Test you have chosen. You may request increases or decreases in Face Amount of the Rider, subject to certain limitations. We reserve the right in our sole discretion to restrict elective increases in the Rider Face Amount to one per Policy Year. This Rider does not have Accumulated Value of its own and does not have any cash value. **This Rider must be elected at Policy issue.** This Rider cannot be issued on a Policy with SVER Coverage.

You should elect this Rider if you desire potential better long-term performance of your Policy's Accumulated Value (in exchange for lower short-term liquidity) than would be provided under Basic Life Coverage alone. This Rider reduces the Policy's Cash Surrender Value and Net Cash Surrender Value within the first 10 Policy Years of any Coverage Layer due to the surrender charge associated with LTPR Coverage, which increases the Policy Surrender Charge. This means that during the first 10 Policy Years following any LTPR Coverage Layer Date, there may be less money available under your Policy for withdrawals and Policy loans. However, the Coverage Charge on LTPR Coverage may generally be lower compared to Basic Life Coverage, and additional Policy credits, if any, may be higher on LTPR Coverage compared to Basic Life Coverage. This may increase the Policy's Accumulated Value over time. See the section **YOUR POLICY'S ACCUMULATED VALUE – Additional Credit.** 

*Rider Charges* 

This Rider has a Rider Coverage Charge, a Rider Cost of Insurance Charge, and a Rider Termination Charge, and it increases the Policy's Surrender Charge. Each Rider Coverage Layer added to the Policy has its own set of charges. The Face Amount, Risk Class, effective date, Coverage Layer Date, and charges for any Rider Coverage Layer added after the Policy Date will be shown in a Supplemental Schedule of Coverage sent to you at the mailing address you have provided.

------

*Coverage and Cost of Insurance Charges* 

The Rider Coverage Charge is the sum of Coverage charges for each Rider Coverage Layer. The maximum monthly Coverage Charge for each Rider Coverage Layer will be shown on the Policy Specifications. Generally, the LTPR Coverage Charge may be lower than the Coverage Charge on Basic Life Coverage. The Rider Cost of Insurance charge is the sum of the Cost of Insurance charge for each Rider Coverage Layer and is determined as a rate per $1,000 of Net Amount At Risk. The Coverage Layer Date and the Rider Coverage Charge associated with each Rider Coverage Layer remain unchanged, even if that Rider Coverage Layer is reduced to zero, until the Rider is terminated.

*Surrender and Termination Charges* 

Each LTPR Coverage Layer has a Termination Charge while this Rider is in effect. The Termination Charge will be effective as of Policy issue or the Coverage Layer Date, and applies for 10 Policy Years. The Termination Charge is deducted from the Policy's Accumulated Value if you terminate the Rider while the Policy remains in Force. The Policy Surrender Charge will also be reduced accordingly by the amount of the surrender charge associated with LTPR Coverage. If the Policy's Net Accumulated Value after the Termination Charge is deducted is insufficient to cover your Policy's Monthly Deductions of Policy charges, the Policy will go into a Grace Period. Each subsequent increase in LTPR Coverage will result in an additional Rider Coverage Layer that has its own Termination Charge that applies for 10 Policy Years after the Coverage Layer Date. For any Rider Coverage Layer representing an increase in Coverage, the associated Termination Charge will be provided in a Supplemental Schedule of Coverage.

The Termination Charge is based on the Face Amount of that Coverage Layer, the Age and Risk Class of the Insured, and the Death Benefit Option, as of the date the Coverage Layer is effective. The Termination Charge at issue = (LTPR Termination Charge rate \* LTPR Face Amount at issue). The new Termination Charge on any Coverage Layer increase = (LTPR Termination Charge rate \* LTPR Face Amount increase). The Rider's total Termination Charge is the sum of the Termination Charges on any Rider Coverage Layer that has an associated Termination Charge. We may charge less than the maximum Termination Charge shown in the Fee Table. Each LTPR Coverage Layer also has a surrender charge associated with LTPR Coverage which increases the Surrender Charge under the Policy while the Rider is in effect. The Surrender Charge will be effective as of Policy issue or the Coverage Layer Date, and applies for 10 Policy Years. The surrender charge associated with LTPR Coverage is deducted from the Policy's Accumulated Value if you surrender the Policy while the Rider is in effect. Each subsequent increase in LTPR Coverage will result in an additional Rider Coverage Layer that has its own surrender charge associated with LTPR Coverage that applies for 10 Policy Years after the Coverage Layer Date. For any Rider Coverage Layer representing an increase in Coverage, the associated Surrender Charge will be provided in a Supplemental Schedule of Coverage. The maximum Surrender Charges under the Policy include the sum of the Surrender Charges on any Rider Coverage Layer that has an associated Surrender Charge. We may charge less than the maximum Surrender Charge shown in the Fee Table.

The initial surrender charge associated with LTPR Coverage and initial Termination Charge applicable to your Policy for any such Rider Coverage Layer will be effective as of its Coverage Layer Date and as of the beginning of each Coverage Year (the anniversary of each Coverage Layer Date, which may be the same as the Policy Anniversary) thereafter for 10 Policy Years following the Coverage Layer Date. The initial LTPR Termination Charge and surrender charge associated with LTPR Coverage will decrease on each Monthly Payment Date until the charge becomes $0 after 10 Policy Years in the same manner <br>as the Policy's Surrender Charge on Basic Life Coverage. See the **WITHDRAWALS, SURRENDERS AND LOANS – Surrendering Your Policy** section for more information on the Surrender Charge. See the **FEE TABLES** section in this prospectus for more information on the costs associated with this Rider. The total Surrender Charge at Policy issue is shown on the Policy Specifications.

The surrender charges associated with the Rider will reduce the Policy's Cash Surrender Value and Net Cash Surrender Value. This is because the surrender charge associated with LTPR Coverage increases the Policy's total Surrender Charge, which is used to determine the Cash Surrender Value and Net Cash Surrender Value. This may reduce the amount available to you for withdrawals and Policy loans.

The LTPR Termination Charge will be deducted from the Policy's Accumulated Value under the following circumstances:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● If the Rider is terminated by Written Request, or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● If the Rider is terminated when the Rider Face Amount is reduced to zero due to a Death Benefit Option Change, a requested Face Amount

Decrease or a withdrawal, and the Policy remains In Force.

The Termination Charge will be deducted from the Policy's Accumulated Value on the first Monthly Payment Date on or following the date the Rider is terminated, and your Policy's Surrender Charge will be reduced by and no longer include the surrender charge associated with LTPR Coverage. If the Rider terminates for any other reason, including if an accelerated death benefit payment reduces the Rider Face Amount to zero, the Termination Charge will not be deducted from the Policy's Accumulated Value.

*Increases or Decreases in Rider Face Amount* 

You may request an increase or decrease in the Rider Face Amount.

------

<u>Increases.</u> Each increase will be subject to satisfactory evidence of insurability. Any elected increase in Rider Face Amount will add a new Coverage Layer. Each Coverage Layer has its own Face Amount, Risk Class, Coverage Layer Date, and will have associated cost of insurance, Coverage charge, Termination Charge, and surrender charge associated with LTPR Coverage that increases your Policy's total Surrender Charge. The increase will become effective on the first Monthly Payment Date on or following the date we receive and approve your request. We may limit increases of Rider Face Amount to one per Policy year. We may deduct an administrative charge (to evaluate insurability) not to exceed $100 from your Policy's Accumulated Value on the effective date of any requested increase.

<u>Decreases.</u> Decreases are permitted on and after the first Policy Anniversary. Each decrease will be effective on the first Monthly Payment Date on or following the date the Written Request is received at our Consumer Markets Division. A Coverage charge is assessed in order to recover the expense of issuing coverage on the Policy. A Rider Face Amount decrease will not decrease its Coverage charge because the Rider's Coverage is based on the at coverage issue Face Amount of the Rider. Similarly, a Rider Face Amount decrease will not decrease the Termination Charge or surrender charge associated with LTPR Coverage. No surrender charge associated with LTPR Coverage is imposed on a Face Amount decrease. The Termination Charge will not be deducted upon a Rider Face Amount decrease unless the decrease reduces the Rider Face Amount to zero and the Rider terminates. If the Rider terminates, we will assess the Termination Charge against your Policy's Accumulated Value and reduce your Policy's Surrender Charge by the amount of the surrender charge associated with LTPR Coverage. If the Face Amount of this Rider is decreased, then the most recently added Coverage Layer will be decreased or eliminated in the following order:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The Face Amount of any scheduled annual renewable rider (*e.g.* S-ARTR);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The Face Amount of this Rider; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The Face Amount of Basic Life Coverage under the Policy.

*Rider Termination* 

The Rider will terminate on the earliest of

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Your Written Request;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The date the Policy is no longer In Force; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The date the Rider Face Amount decreases to zero.

While the Policy remains in force, LTPR termination and the deduction of the LTPR Termination Charge can only occur on a Monthly Payment Date. If, after deducting the LTPR Termination Charge, the Accumulated Value less any Total Policy Debt is insufficient to cover the current Monthly Deduction, a 61-day Grace Period then begins during which the Policy continues In Force. See the **YOUR POLICY'S ACCUMULATED VALUE – Lapsing and Reinstatement** section.

Upon Rider termination, all Rider charges and any benefits associated with this Rider will be terminated. The Termination Charge will reduce the Policy's Accumulated Value, as described above. Upon Rider termination, the Rider cannot be added back to the Policy.

*Reinstatement* 

If the Policy lapses and is later reinstated, then this Rider will also be reinstated as long as this Rider was in effect on the date the Policy was no longer In Force.

*Conversion* 

This Rider is not convertible.

*Example* 

A Policy is issued to an Insured at age 45, with a Face Amount of $250,000. The Policy also included $20,000 of insurance under this Rider which increases the Face Amount to $270,000. The Rider charges (Rider Coverage Charge and Rider Cost of Insurance) are added to the Monthly Deductions, and the surrender charge associated with LTPR Coverage is added to the Policy's total Surrender Charge. At age 50, the Insured requests $15,000 of additional insurance under the Rider and submits evidence of insurability. The increase is approved by us and the additional insurance is added to the Policy increasing the Face Amount to $285,000 ($250,000 under the base Policy plus $35,000 under the Rider).

**Surrender Value Enhancement Rider 3 (SVER)** 

The SVER provides insurance on the Insured in combination with the Face Amount of the Policy and may also provide higher early cash value. You may purchase the Rider at Policy issue. The Rider modifies the Death Benefit of the Policy to include the Face Amount of the Rider, so that the Death Benefit equals the greater of the Death Benefit as calculated under 1) the Death Benefit Option you choose on the Policy plus the Face Amount of the Rider, or 2) the Minimum Death Benefit under the Death Benefit Qualification Test you have chosen. **This Rider must be elected at Policy issue.** This Rider cannot be issued on a Policy

------

with LTPR Coverage.

The guaranteed monthly cost of insurance rate and monthly Coverage charge will be shown in your Policy Specifications. Our current cost of insurance rates for the Rider are lower than the guaranteed rates.

You may request increases or decreases in Face Amount of the Rider. Each increase will be subject to satisfactory evidence of insurability and will have associated cost of insurance and Coverage charges. Unless you request otherwise, the increase will become effective on the first Monthly Payment Date on or following the date we receive and approve your request. We may limit increases of Rider Face Amount to one per Policy Year. We may deduct an administrative charge not to exceed $100 from your Policy's Accumulated Value on the effective date of any unscheduled increase. Decreases will be effective on the first Monthly Payment Date on or following the date the Written Request is received at our Life Insurance Division. A Face Amount decrease of this Rider will not decrease the Coverage charge. Decreases will first be applied against the most recent increase, if any, and then against successively earlier increases, if any, and finally against the original SVER Face Amount.

The Rider will terminate on the earliest of your Written Request, or on lapse or termination of this Policy.

You should elect this Rider if you desire higher short-term liquidity of your Policy's Accumulated Value (in exchange for lower long-term performance) than would be provided under Basic Life Coverage alone. This Rider increases the Policy's early Cash Surrender Value and Net Cash Surrender Value since this Coverage does not increase the Policy's Surrender Charge and has no Coverage Charge in the first policy year, though there are no additional Policy credits on SVER Coverage. For more information, see the **YOUR POLICY'S ACCUMULATED VALUE – Additional Credit** section in this prospectus.

*Example* 

A Policy is issued to an Insured at age 45, with a Face Amount of $250,000. The Policy also included $20,000 of insurance under this Rider which increases the Face Amount to $270,000. The Rider charges (Rider Coverage Charge and Rider Cost of Insurance) are added to the Monthly Deductions, though the Rider does not increase the Policy's total Surrender Charge. At age 50, the Insured requests $15,000 of additional insurance under the Rider and submits evidence of insurability. The increase is approved by us and the additional insurance is added to the Policy increasing the Face Amount to $285,000 ($250,000 under the base Policy plus $35,000 under the Rider).

**Scheduled Annual Renewable Term Rider (S-ARTR)** 

The S-ARTR Rider provides for scheduled annual renewable insurance Coverage in Face Amount without future medical underwriting after policy issue. In this Rider, a scheduled increase is referred to as a Term Increase, and is scheduled for a particular Policy Anniversary, as shown in the Policy Specifications. The Face Amount contributes to the Total Face Amount, and consequently to the Death Benefit, of the Policy. This Rider does not have Accumulated Value of its own and does not have any cash value. **This Rider must be elected at Policy issue.** 

A Term Increase is a future increase in the Face Amount of this rider. Each Term Increase will increase the Face Amount of the Rider Coverage Layer. Once a Term Increase goes into effect, it becomes part of the Rider Face Amount.

This Rider provides no term insurance at the time of policy issue and only provides additional insurance coverage as scheduled on certain Policy Anniversaries. If you wish to have additional insurance coverage at the time of policy issue, you must purchase another rider such as the LTPR or the SVER.

The guaranteed monthly cost of insurance rates will be shown in your Policy Specifications. Our current cost of insurance rates for the Rider are lower than the guaranteed rates.

This Rider has a Coverage charge that varies by Coverage year and Rider Face Amount. Any increase or decrease in the Rider's Face Amount will impact the Coverage charge. The guaranteed monthly Coverage charges will be shown in the Policy Specifications. We currently do not impose the Coverage charge for this Rider.

This Rider also has a Rider Charge that will be shown in your Policy Specifications. See the **FEE TABLES** section in this prospectus for more information on the costs associated with this Rider.

The Rider is available subject to the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The maximum Term Increase at attained ages 0-79 is 20% of the Total Face Amount before the increase.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The maximum Term Increase at attained ages 80-94 is 5% of the Total Face Amount before the increase.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Increases will not be scheduled beyond attained age 94.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Each increase is an increase to the Coverage Layer at issue, and does not create a new Coverage Layer; the original rates at Policy issue will apply to the increase.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The cost of insurance charges will increase as a result of the increase in the Policy's Net Amount At Risk.

------

You may request an increase or decrease in the schedule of future Term Increases by providing a written request. Any increase to the Face Amount of the Term Increases may be subject to evidence of insurability and is subject to our approval. If you reject a Term Increase that has been approved, all future Term Increases may be forfeited. For any change in Term Increases, we will send you a Supplemental Schedule of Coverage to reflect the change.

This Rider is effective on the Policy Date unless otherwise stated. It will terminate on the earlier of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Your written request

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The date the Rider or the Policy ceases to be In Force

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The death of the Insured.

If the Policy is reinstated, any Term Increases that would have occurred during the time the Policy was lapsed will be forfeited. Term Increases that are scheduled to occur after the reinstatement of the policy and rider will be handled as if the Policy had never lapsed.

This Rider differs from the LTPR and SVER in a number of ways, including:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● You may schedule increases in Face Amount with this Rider without creating a new Rider coverage layer, however, this Rider does not add additional insurance coverage at Policy issue.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Scheduled increases in Face Amount for this Rider do not require additional medical underwriting after issue however, if there is a requested change in the amount of scheduled increases additional underwriting may be required

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Increases in Face Amount for this Rider may only occur on Policy Anniversaries

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Cost of insurance rates and charges for this Rider currently differ from the cost of insurance rates and charges for the LTPR and SVER.

*Example* 

A Policy is issued to an Insured at age 45, with a Face Amount of $250,000. Prior to Policy issue, the Insured scheduled two future increases to occur over the first ten Policy years which will not require evidence of insurability. The scheduled increases will occur on the third and sixth Policy Anniversary. No term insurance is added to the Policy at issue. No unscheduled insurance increases are allowed under the Rider.

On the third Policy Anniversary, there is a scheduled increase in Face Amount by adding $10,000 of insurance under this Rider. This increases the total Face Amount to $260,000 ($250,000 under the base Policy plus $10,000 under the Rider). A Rider Coverage charge will now be deducted each month for the coverage added.

On the sixth Policy Anniversary, there is a scheduled increase of $15,000 of insurance under this Rider. This increases the total Face Amount to $275,000 ($250,000 under the base Policy plus $25,000 under the Rider – including the previous scheduled increase on the third Policy Anniversary). The Rider Coverage charge will increase due to the additional insurance added.

**Flexible Duration No-Lapse Guarantee Rider (FDNLG)** 

This Rider provides a no-lapse guarantee that the Policy and any optional benefits you have selected will remain In Force as long as the Net No-Lapse Guarantee Value is greater than zero, even if the Policy's Net Accumulated Value (Accumulated Value less any Total Policy Debt) is not enough to cover the Monthly Deductions due. As long as the No-Lapse Guarantee under this Rider is in effect, the Policy will not enter the Grace Period and lapse. **This Rider must be elected at Policy issue. We assess a monthly charge for this Rider.** 

If you elect the FDNLG Rider, it will be in effect when we issue the Policy. The Rider cannot be added after the Policy Issue Date.

*Rider Eligibility* 

You are eligible to elect the Rider if:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The Insured is age 90 or younger at Policy issue and is not juvenile (Insured's age at Policy issue is at least 18).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● **At initial purchase and during the entire time you own this Rider, you must allocate 100% of your Accumulated Value among the allowable Investment Options.** For the list of investment options allowed under the FDNLG Rider, see the **APPENDIX: FUNDS AVAILABLE UNDER THIS POLICY - Allowable Investment Options** section in this prospectus. We reserve the right to change the allowable Investment Options under the Rider for current and new Policy owners. You may contact us at any time for information on the allowable Investment Options.

#### We may add or remove allowable Investment Options at any time. If your Policy was issued with Investment Option

------

**requirements, following a change to the allowable Investment Options, your current allocation of Accumulated Value may not comply with our revised allocation requirements for the Rider. As a result, you will be required to reallocate your Policy Accumulated Value to the revised allowable Investment Options in order to maintain the Rider benefits. We have the right to significantly reduce the number of allowable Investment Options even to a single conservative Investment Option. Our right to add or remove allowable Investment Options may limit the number of Investment Options that are otherwise available to you under the Policy. Please discuss with your life insurance producer if this Policy and Rider are appropriate for you given our right to make changes to the allowable Investment Options.** 

**We may make such a change due to a fund reorganization, fund substitution, fund liquidation, or to help protect our ability to provide the guarantees under the Rider (for example, changes in an underlying Fund's investment objective and principal investment strategies, or changes in general market conditions). If such a change is required, we will provide you with reasonable notice (generally 90 calendar days) prior to the effective date of such change to allow you to reallocate your Accumulated Value to maintain your Rider benefits. If you do not reallocate your Accumulated Value to comply with the new Rider allocation requirements, your Rider will terminate.** 

**We will send you written notice in the event any transaction made by you will cause the Rider to terminate for failure to invest according to the investment allocation requirements. However, you will have at least 20 calendar days starting from the date of our written notice, to instruct us to take appropriate corrective action to continue the Rider. If you take appropriate corrective action and continue the Rider, the Rider benefits and features available immediately before the terminating event will remain in effect.** 

*Rider Terms:* 

**Net Basic Premium** – equals the Basic Premium reduced by applicable fees and charges.

**Basic Fund** – receives Net Basic Premium, less any withdrawals or accelerated death benefit payments.

**Excess Fund** – receives Net Excess Premium, less any withdrawals or accelerated death benefit payments.

**Excess Premium** – equals the portion of each Premium Payment received in a Policy year in excess of the Basic Premium.

**Excess Premium Load**– an amount equal to the Excess Premium multiplied by the Excess Premium Load rate which is 10%. ***This load is not deducted from any premium made under the Policy and is used only as a factor for determining benefits under this Rider.*** 

**No-Lapse Premium Load** – an amount equal to the Premium Payment multiplied by the No-Lapse Premium Load rate which is 5.90%. ***This load is not deducted from any premium made under the Policy and is used only as a factor for determining benefits under this Rider.*** 

**Optional Benefit Charges** – are equal to the sum of the charges, if any, for each optional benefit attached to the Policy. The charges incurred for those optional benefits are used in the calculation to determine the No-Lapse Guarantee Value for this Rider. See the No- Lapse Deduction subsection below. This is only used to determine benefits under this Rider is not a charge deducted from the Accumulated Value.

*Rider Charge Effect on Policy Values* 

There is a monthly charge for the FDNLG Rider. The charge is deducted from your Policy's Accumulated Value as a Monthly Deduction. This charge does not reduce your No-Lapse Guarantee Value. The Rider Charge is shown in the Policy Specifications and equals a monthly rate per dollar of Policy Net Amount at Risk (Rider Charge). Currently, the charge range is $0.02 – $1.10 per $1,000 of Net Amount at Risk.

**Example:** 

Assumptions:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Policy's Net Amount at Risk is $80,000

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Rider Charge Deduction is 0.0001

Then the Rider Charge associated with the FDNLG Rider is $8 ($80,000 × 0.0001).

*No Lapse Guarantee Value* 

The duration of the guarantee under the FDNLG Rider can cover the lifetime of the Insured. The duration of the FDNLG Rider is determined by the No Lapse Guarantee Value. The guarantee is in effect as long as the Net No-Lapse Guarantee Value (No Lapse Guarantee Value less any Total Policy Debt) is greater than zero.

The No-Lapse Guarantee Value is equal to the sum of the Basic Fund, the Excess Fund and the No-Lapse Guarantee Loan

------

Account Value. The Basic Fund contains the Net Basic Premium and is credited with an Accumulation Amount that can range from a 4.28% to 4.92% annual rate, based on issue age and duration. The Excess Fund contains the Net Excess Premium and is credited with an Accumulation Amount based upon a 1% annual rate. The No-Lapse Guarantee Loan Account Value is equal to the Standard Loan Account Value on your Policy and any Alternate Loan Value.

***Note:* The No-Lapse Guarantee Value is tracked only for the purpose of determining if the No Lapse Guarantee is in effect. The value, including any Accumulation Amounts added to the No-Lapse Guarantee Value, is not added to the Policy's Accumulated Value, and as such cannot be withdrawn or loaned against, and is not used in the determination of the Death Benefit or to any other benefit under the Policy.** 

**Example:** 

Assumptions:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Policy 1 elected FDNLG Rider at issue

o Basic Fund is $11,000 before no-lapse deductions

o Excess Fund is $0 before no-lapse deductions

o No-Lapse Guarantee Loan Account Value is $9,000

o Upcoming monthly no-lapse deduction of $1,000

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Policy 2 did not elect FDNLG Rider at issue

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● For both policies:

o Accumulated Value of $10,000 before monthly deductions

o Policy Debt of $9,000

o Surrender charge of $500

o Upcoming monthly deduction of $1,000

o Withdrawal of $200

Result:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Both policies have a Net Accumulated Value of -$700 ($10,000 - $9,000 - $500 - $1,000-$200) after the monthly deduction

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Policy 1 remains in force because Net No-Lapse Guarantee Value is greater than $0 even though Net Accumulated Value is less than $0.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Policy 1 has a Net No-Lapse Guarantee Value of $300 ($11,000 - $9,000 - $500 - $1,000-$200) after the monthly deduction

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Policy 2 enters the Grace Period since Net Accumulated Value is less than $0.

*Basic and Excess Fund under the Rider* 

The Basic and Excess Fund are an accumulation of policy premiums, withdrawals, and loans. While the Basic Fund may become negative, the Excess Fund will never be less than zero. Both the Basic Fund and the Excess Fund are increased and reduced as described below.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Net Basic Premiums are added to the Basic Fund; Net Excess Premiums are added to the Excess Fund,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. No Lapse Deductions reduce the Excess Fund, and then the Basic Fund,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Accumulation Amounts are added to the Basic Fund and Excess Fund,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. Any withdrawal of policy Accumulated Value will reduce the Excess Fund and then the Basic Fund, including any policy fees, and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. Standard Loans and Alternate Loans will reduce the Excess Fund and then the Basic Fund. Net Premium is allocated to the Basic Fund and Excess Fund as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Net Basic Premium is the higher of the premium up to the Annual Premium Threshold for the Policy Year, as described in

------

the Policy Specifications, or the amount needed to bring any negative Basic Fund back to zero. This amount is reduced by the No- Lapse Premium Load and added to the Basic Fund.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Net Excess Premium is any premium in excess of the Basic Premium. Excess Premium is reduced by the No-Lapse Premium Load and the Excess Premium Load and added to the Excess Fund. **Please note, the No-Lapse Premium Load and the Excess Premium Load are only used to determine the benefits provided by this Rider. They are not assessed against any premium made under the Policy or against the Policy's Accumulated Value.** 

**Example:** 

Assumptions:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Annual Premium Threshold for the current year is $10,000

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Premium Received is $15,000

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Basic fund is positive

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● No Lapse Premium Load is 5.90%

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Excess Premium Load is 10%

The Net Basic Premium and Net Excess Premium are calculated as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Basic Premium is $10,000 (lesser of $10,000 and $15,000). Net Basic Premium of $9,410 [$10,000 × (1-5.90%)] will be added to the Basic Fund.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Excess Premium is $5,000. Net Excess Premium of $4,205 [$5,000 × (1 – 5.90% - 10%)] will be added to the Excess Fund

**Example:** 

Assumptions:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Annual Premium Threshold for the current year is $10,000

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Premium Received is $15,000

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Basic Fund is -$12,233.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● No Lapse Premium Load is 5.90%

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Excess Premium Load is 10%

The Net Basic Premium and Net Excess Premium are calculated as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Basic Premium is $13,000. The Net Basic Premium is $12,233 [$13,000 × (1-5.90%)], which, when added to the Basic Fund, brings the Basic Fund to zero.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Excess Premium is $2,000. Net Excess Premium of $1,682 [$2,000 × (1 – 5.90% - 10%)] will be added to the Excess Fund

*No-Lapse Deduction* 

The No-Lapse Deduction is an amount that is deducted first from the Excess Fund until the Excess Fund is reduced to zero and then from the Basic Fund. The No-Lapse Monthly Deduction is the greater of the No-Lapse Monthly Charge Deduction or the Alternative No-Lapse Monthly Deduction, as described below.

**No-Lapse Monthly Charge Deduction.** The No-Lapse Monthly Charge Deduction is described in the Policy Specifications and includes the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The No-Lapse Coverage Charge

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The No-Lapse Administrative Charge

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Optional Benefit Charges, if any (applies to the LTPR, SVER, S-ARTR Rider, Overloan Protection 3 Rider, Premier LTC Rider, Premier Living Benefits Rider 2, Premier Chronic Illness Rider, and/or the Terminal Illness Rider as applicable)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Transactional policy fees and charges, if any

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The No-Lapse Cost of Insurance Charge.

**Alternative No-Lapse Monthly Deduction.** The Alternative No-Lapse Monthly Deduction is also described in the Rider Specifications and includes:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Optional Benefit Charges, if any

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Transactional policy fees and charges, if any

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The Alternative No-Lapse Cost of Insurance Charge.

**Example:** 

Assumptions:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Basic Fund before No-Lapse Deduction is $9,000

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Excess Fund is $3,500

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● No-Lapse Monthly Charge Deduction is $3,000

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Alternative No-Lapse Monthly Deduction is $4,000.

Then the Basic and Excess Funds are reduced as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The No-Lapse Deduction is $4,000 (the greater of $3,000 and $4,000)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Excess Fund will be reduced to $0

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Basic Fund to $8,500.

*No-Lapse Accumulation Amount* 

The No-Lapse Accumulation Amount is an amount that is added to the Basic Fund and the Excess Fund as follows.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The Basic Fund No-Lapse Accumulation Amount is added to the Basic Fund. It is equal to the Basic Fund following premium payments, No-Lapse Deduction, withdrawals, loans and other Policy distributions; multiplied by the No-Lapse Accumulation Factor as shown in the Policy Specifications. If your Basic Fund is negative, the accumulation will further reduce your Basic Fund. The No-Lapse Accumulation Factor varies by Policy duration and age. For our example, we will use 0.002466, which is equivalent to an annual rate of 3%.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The Excess Fund No-Lapse Accumulation Amount is added to the Excess Fund. It is equal to the Excess Fund following premium payments, No- Lapse Deduction, withdrawals, loans and other Policy distributions; multiplied by the Excess Accumulation Factor as shown in the Policy Specifications. The Excess Fund Accumulation Factor is 0.0008295, which is equivalent to an annual rate of 1%.

**Example:** 

Assumptions:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Basic Fund is $8,500, after premiums and no-lapse deductions.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Excess Fund is $2,500, after premiums and no-lapse deductions

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● No Lapse Accumulation Factor is 0.002466

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Excess Fund Accumulation is 0.0008295

Then the Basic and Excess Funds after the Accumulation Amounts are added are:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Basic Fund Accumulation Amount is $20.96 and the Basic Fund is $8,520.96

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Excess Fund Accumulation Amount is $2.07, and the Excess Fund is $2,502.07.

**Example:** 

Assumptions:

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Basic Fund is $5,000, after premiums and no-lapse deductions.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Excess Fund is $0, after premiums and no-lapse deductions

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● No Lapse Accumulation Factor is 0.002466

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Excess Fund Accumulation is 0.0008295

Then the Basic and Excess Funds after the Accumulation Amounts are added are:

o Basic Fund Accumulation Amount is -$12.33, and the Basic Fund is -$5,012.33.

o Excess Fund Accumulation Amount is $0, and the Excess Fund is $0.

*Loan Effects on Rider* 

Loans (Standard Loans and/or Alternate Loans) have an effect on the No Lapse Guarantee Value

o Any new loan, including any loan interest that is added to the loan on an anniversary, will be added to the No-Lapse Guarantee Loan Account Value and will reduce the Excess Fund and then the Basic Fund.

o Any loan repayment will be added to the Basic Fund only to the extent that the Basic Fund is negative. Otherwise, it will be added to the Excess Fund.

*Important Considerations* 

The growth of your No-Lapse Guarantee Value depends on a number of factors including, but not limited to, the amount of premium you pay, the timing of your premium payments and any Policy changes. Any modification you make to the originally planned timing of or amount of premium paid and any Policy changes will affect the duration of the No-Lapse Guarantee provided by the Rider. Before making any change to the Policy, please request and review a current Illustration.

**This Rider will terminate if an unscheduled increase in Face Amount under the Policy is elected. Please work with your life insurance producer before making any requests to increase the Face Amount under the Policy.** 

If your Net No-Lapse Guarantee Value is equal to or less than zero, the benefits under this rider will not be in effect. However, you can restore the no-lapse guarantee benefit by making a premium payment or a loan repayment in an amount sufficient to make your Net No-Lapse Guarantee Value positive.

Some examples of things you should consider:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. If you defer a payment, you will not receive the Accumulation Amount associated with that premium in the Basic and Excess Fund. If such a deferral would cause your No Lapse Guarantee Value to be negative, you will have to make a sufficient payment to bring the Basic Fund to positive, including any negative Accumulation Amounts.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. If you defer payments and then try to "catch up" with a single large payment, that payment may be split into a Basic and Excess Premium based on the Annual Premium Threshold. Any premium allocated to the Excess Fund will have lower Accumulation Amounts associated with it.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. If you take a Standard Loan and/or an Alternate Loan, your Basic Fund may be reduced. A loan repayment may not recover the value deducted from the Basic Fund, but instead could be added to the Excess Fund.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. Any withdrawal will reduce the Excess and Basic Fund. However, a subsequent premium payment will be affected both by the Annual Premium Threshold and the Basic and Excess fund accumulation amounts, plus associated No Lapse and Excess Premium Loads.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. You have the ability to increase the duration of your FDNLG rider by paying higher premiums, subject to the Annual Premium Threshold.

*Rider Termination* 

The Rider will terminate on the earliest of:

o Your Written Request;

o Policy Surrender;

o The date the Policy is no longer In Force,

o Allocation into any Investment Option that is not an allowable Investment Option and no corrective action was taken, after

------

written notice was provided, to comply with the requirements to continue the Rider;

o Upon electing an increase in Face Amount;

o The end of the Maximum No-Lapse Guarantee Period, as shown in the Policy Specifications; or

o The date when the Net No-Lapse Guarantee Value and the Net Accumulated Value are both less than or equal to zero and the Policy lapses (see the **YOUR POLICY'S ACCUMULATED VALUE – Lapsing and Reinstatement** section in this prospectus).

*Reinstatement* 

This Rider may not be reinstated if it was terminated before the date the Policy was no longer In Force. Otherwise, this Rider will reinstate on the date that the Policy is reinstated.

#### Up to Age 90 No-Lapse Guarantee (NLG) Rider
This Rider provides for the continuation of death benefit coverage for a specified guarantee period, if certain minimum premiums under the Rider are paid, even if the Policy's Net Accumulated Value is less than the Monthly Deduction due on a Monthly Payment Date. **There is no additional fee for this Rider.** 

*Rider Eligibility* 

The Rider is available at Policy issue for Insureds Age 79 and younger and if you choose Death Benefit Option A or B when applying for your Policy. **This Rider is automatically added to the Policy if eligibility conditions are met.** 

*Rider Terms* 

**No-Lapse Guarantee Period** – the time during which we guarantee the death benefit will remain In Force as long as the guarantee under this Rider is in effect. This period is shown in the Policy Specifications. This period begins on the Policy Date and will not re-start if insurance Coverage is added or increased. The guarantee period is based on the ages of the Insureds when the Policy is issued and the range of the guarantee period may last 11 years (if the Insured is Age 79) to 90 years (if the Insured is Age 0). This period ends when the Insured reaches attained age 90.

**No-Lapse Guarantee Premium** – is an annual amount used during the No-Lapse Guarantee Period to determine the No-Lapse Credit (defined in the *How the Rider Works* section below). The No-Lapse Credit is used to determine if the guarantee under this Rider is in effect. The No-Lapse Guarantee Premium in effect as of the Policy Date is shown in the Policy Specifications and is expressed as an annual amount. The No-Lapse Guarantee Premium is calculated such that it covers sufficient future Monthly Deductions under the Policy. The No-Lapse Guarantee Premium may change. Any increase in Face Amount, scheduled or not, or addition or increase in insurance Coverage will cause an increase in the No-Lapse Guarantee Premium. A decrease in Face Amount or in other insurance Coverage will not cause a decrease in the No-Lapse Guarantee Premium. If the No-Lapse Guarantee Premium changes as a result of such a change, we will inform you of the amount of the changed No-Lapse Guarantee Premium.

*How the Rider Works* 

This Rider guarantees that the Policy will continue in effect through the end of the No-Lapse Guarantee Period as long as the No-Lapse Credit less Policy Debt is equal to or greater than zero. The length of the No-Lapse Guarantee period is shown in the Policy Specifications.

The No-Lapse Credit is used to determine if the guarantee under this Rider is in effect. It is calculated at the beginning of each Policy month during the No-Lapse Guarantee Period. The No-Lapse Credit as of the Policy Date, which is also the first Monthly Payment Date, is equal to the premium paid less one-twelfth of the No-Lapse Guarantee Premium. On any other Monthly Payment Date, the No-Lapse Credit is equal to:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The No-Lapse Credit as of the prior Monthly Payment Date multiplied by (i), where:

- i = no greater than 1.00364439 if the No-Lapse Credit is negative; otherwise,

- i = 1.00000;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Plus premiums received since the prior Monthly Payment Date;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Less withdrawals taken since the prior Monthly Payment Date; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Less one-twelfth of the then current No-Lapse Guarantee Premium.

#### Example:
Assumptions

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. No Lapse Premium is $838.61

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. No Lapse Credit on the prior Monthly Payment Date is $1,000

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Withdrawal Amount taken since prior Monthly Payment Date is $500

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Premium Payment made on the current Monthly Payment Date is $100

Since the No Lapse Credit is positive, the No Lapse Credit is $530.12 = ($1,000 \* (1.00000) + $100 - $500 - $838.61/12).

**For the guarantee under this Rider to be in effect, the No-Lapse Credit less Policy Debt must be equal to or greater than zero.** 

If the No-Lapse Credit less Policy Debt is less than zero, the guarantee under this Rider is not in effect. The guarantee under this Rider may be brought back into effect by paying additional premium equal to the amount of premium necessary after deduction of the premium load so that the No-Lapse Credit less Policy Debt is equal to or greater than zero (the "Catch-Up" premium). If your Policy is in the grace period, you may pay the lesser of the Catch-Up premium (if this Rider is in effect) or the amount due to move the Policy out of the grace period. See the **YOUR ACCUMULATED VALUE – Lapsing and Reinstatement** section in this prospectus for more information on the Policy grace period.

If the guarantee under this Rider is in effect, the Policy and any attached optional benefits that are currently In Force, will remain In Force, will not enter the grace period and will not lapse during the specified guarantee period. Instead, the Policy will continue under the guarantee provided by this Rider and it will stay In Force as long as the No-Lapse Credit less Policy Debt is equal to or greater than zero.

**Accumulated Value Deficit** – When the Policy is continued under the No-Lapse Guarantee, the Net Accumulated Value can be less than or equal to zero. If the Policy does not have sufficient Net Accumulated Value from which Monthly Deductions can be collected, then any uncollected Monthly Deductions, or portions thereof, are accumulated without interest as an Accumulated Value Deficit. Any Premium or Loan Repayment that is received while the Net Accumulated Value is less than or equal to zero and the No-Lapse Guarantee is in effect, will be applied as described in the Policy. Beginning on the next Monthly Payment Date following the receipt of the Premium or Loan Repayment and until eliminated, the Accumulated Value Deficit will first be reduced and then Monthly Deductions will be processed according to the terms of the Policy.

**Example:** 

Assumptions:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Policy is within No-Lapse Guarantee Period

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Accumulated Value of $11,000 before monthly deductions

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Policy Debt of $9,500

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Policyholder has paid a premium at the beginning of each Policy month at least equal to one twelfth of the No-Lapse Guarantee Premium

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Upcoming Monthly deduction = $2,000

Result:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Policy Net Accumulated Value after monthly deductions will fall below $0 to -$500 ($11,000 - $9,500 - $2,000).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Policy does not enter the Grace Period since policyholder has paid sufficient premium to meet the minimum No-Lapse Guarantee premium requirement.

*Effect on Other Riders* 

If the Policy is continued under the guarantee provided by this Rider, any attached Riders will continue or end according to their respective terms.

*Rider Termination* 

This Rider will end on the earliest of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● If you add any Rider that has separate charges after the Policy Date;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The date when the No-Lapse Credit less Policy Debt is less than or equal to zero and the Net Accumulated Value is less than the Monthly Deduction due on the Monthly Payment Date, unless a Catch-Up premium is made; or

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● At the end of the Guarantee Period.

*Rider Reinstatement* 

This Rider may not be reinstated if it was terminated before the date the Policy ceased to be In Force. Otherwise, this Rider will reinstate on the date the Policy is reinstated. Upon Reinstatement, any Catch-Up Amount and any Accumulated Value Deficit, without interest, will be restored. Any Catch-Up Amount existing at the time of Policy lapse must be paid upon Reinstatement for the No-Lapse Guarantee to be in effect.

#### Overloan Protection 3 Rider
The Rider guarantees that your Policy will not lapse if the Standard Policy Debt is greater than the Policy's Accumulated Value, resulting in it being overloaned. On or after the earliest exercise effective date, if all Rider Exercise Requirements have been met you may exercise the Rider by submitting a Written Request. **This Rider is automatically issued on your Policy if eligibility requirements are met. There is no charge for this Rider unless you exercise it. See below for charge information.** 

*The Rider After Policy Issue* 

The Rider cannot be exercised during the first 15 Policy Years before the Insured is Age 75, or while there is an Alternate Loan in effect. Please see ***Rider Termination*** below for termination conditions of the Rider before and after exercise. You may not pay premiums or take withdrawals from your Policy after exercise of the Rider. The Rider may not be exercised after the Policy has entered the Grace Period.

*Rider Exercise Requirements* 

The *exercise effective date* will be the Monthly Payment Date on or next following the date we receive your Written Request to exercise the Rider and all exercise requirements have been met. The *earliest exercise effective date* is shown in the Policy Specifications. To exercise the Rider, each of the following conditions must be true as of the *exercise effective date*:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The Death Benefit Option is Option A. If your policy does not meet this prerequisite, you must change your Death Benefit Option to Death Benefit Option A, by Written Request, prior to Rider exercise. Changes to your Death Benefit Option take effect on the Monthly Payment Date next following your Written Request. Such changes will modify your Total Face Amount and, as a result, this Rider may impact your ability to meet all the exercise conditions described below.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● There is no Alternate Loan Value on the Policy.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● There must be sufficient Accumulated Value to cover the *rider exercise charge* as described below.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The Standard Policy Debt is greater than the Total Face Amount, but less than 99.9% of the Accumulated Value after the charge for this Rider has been deducted from the Accumulated Value.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● There are no projected forced distributions of Accumulated Value for any Policy Year.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The Guideline Premium Limit for the Policy will remain greater than zero at all times prior to Insured's Age 100.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The Policy must not be a Modified Endowment Contract, and exercising this Rider must not cause the Policy to become a Modified Endowment Contract.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● **The Policy must not be in the Grace Period.** 

Contact us if you have any questions about your eligibility to exercise this Rider. On the *exercise effective date,* we:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Transfer any Accumulated Value in the Investment Options into the Fixed Account. No transfer charge will be assessed for such transfer, nor will it count against, or be subject to, any transfer limitations then in effect.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Upon each Index Account Segment's Maturity, reallocate the Segment Maturity Value into the Fixed Account. No transfer charge will be assessed for such transfer, nor will it count against, or be subject to, any transfer limitations then in effect.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Deduct the charge for this Rider from your Policy's Accumulated Value.

There is a one-time charge to exercise this Rider. The charge will not exceed the Accumulated Value multiplied by the *overloan protection rate* shown for the Insured's Age at exercise in the Policy Specifications, as of the *exercise effective date.* The charge ranges from 1.12% to 4.52% of the Policy's Accumulated Value, and is based on the Insured's sex, Risk Class and Age as applicable at the time the Rider is exercised. If you never exercise the Rider, there is no charge for it. After you exercise the Rider, and while it continues in effect, the Policy's lowest Death Benefit will be the Death Benefit percentage multiplied by the greater of the Accumulated Value or the Standard Policy Debt.

*A hypothetical example* 

------

*For a male standard nonsmoker, Age 85 when the Rider is exercised, the charge will be 2.97% of the Policy's Accumulated Value on the exercise effective date. If the Policy's Accumulated Value is $25,000, the charge deducted from the Accumulated Value on the exercise effective date is $742.50. ($25,000 × 2.97% = $742.50).* 

*The Rider After Exercise* 

After the exercise effective date and as long as the Rider stays in effect, the Policy will not lapse if the Accumulated Value is insufficient to cover Policy charges, even if the insufficiency is caused by overloan.

After the Rider is exercised, the Policy's Minimum Death Benefit will be the Death Benefit percentage multiplied by the greater of the Accumulated Value or the Standard Policy Debt. Calculation of the Death Benefit, Minimum Death Benefit and Death Benefit Proceeds is described in the **DEATH BENEFITS** section in this prospectus.

*Effect on Other Riders* 

Other than this Rider and any term insurance rider on the Insured that contributes to the Total Face Amount of the Policy, any Riders in effect with regularly scheduled charges will be terminated. Additionally, any accelerated death benefit rider will terminate upon exercise of this Rider. Any increases in Face Amount that are scheduled to take effect after exercise of the Rider will be cancelled.

*Rider Termination* 

This Rider will terminate on the earliest of the following events:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The Policy terminates;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● You make a Written Request to terminate the Rider; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● If, after the *exercise effective date*:

o Any premium is paid

o Any withdrawal is taken

o Any loan repayment is made, other than for loan interest due

o Any Policy benefit is changed or added at your request

o Any transfer among the Investment Options is done at your request.

**If the Rider terminates after the *exercise effective date* and while the Policy is In Force, any amount by which the Standard Policy Debt exceeds the Accumulated Value is due and payable to us.** 

*Possible Tax Consequences* 

**You should be aware that the tax consequences of this Rider have not been ruled on by the IRS or the courts and it is possible that the IRS could assert that the outstanding loan balance should be treated as a taxable distribution when this Rider is exercised. You should consult a tax advisor as to the tax risks associated with this Rider.** 

*Example* 

A Policy is issued to an Insured age 55 with a Face Amount of $250,000, Death Benefit Option A and the Guideline Premium Test was elected. This Rider is automatically added to the Policy at issue. There is no charge for this Rider until it is exercised. During the first 17 years of the Policy, the Insured makes additional premium payments, withdrawals and takes out Standard Loans (no Alternative Loans were made). Over the next 3 Policy years, the Insured takes out additional Standard Loans on the Policy. This loan activity increases the total amount of Standard Loans which now exceed the Policy's Accumulated Value, however, the Accumulated Value is still positive.

The Insured decides to exercise this Rider. Upon exercise, the one-time Rider charge will be assessed. No more loans, premium payments, or withdrawals will be allowed while this Rider is in effect. As long as the Rider stays in effect, the Policy will not lapse even if the Accumulated Value is insufficient to cover any Policy charges.

**Premier LTC Rider** 

(This Rider is called "Accelerated Death Benefit Rider for Long-Term Care" in your Policy)

The Premier LTC Rider (LTC Rider) is a long-term care insurance rider that provides benefits for Covered Services incurred for Adult Day Care, Assisted Living Care, Home Health Care, Hospice Care, and Nursing Home Care. The Rider accelerates all or a portion of the Policy's Death Benefit if you become Chronically Ill. You can only elect the LTC Rider at Policy issue. The Rider allows the Policy Owner to accelerate the Policy's death benefit proceeds as a monthly benefit for Covered Services while the

------

Insured is Chronically Ill and receiving Qualified Long-Term Care Services at an approved location as prescribed under a Plan of Care, subject to the limitations, exclusions and eligibility conditions defined in the Rider (see the *Limitations, Exclusions and Eligibility Conditions for Benefits* subsection below). We assess a monthly charge for the Rider. For more information, please see the **APPENDIX: STATE LAW VARIATIONS** section in this prospectus**. This Rider must be elected at Policy Issue.** 

**This Rider cannot be added to any policy that has the Premier Living Benefit Rider 2 or the Premier Chronic Illness Rider attached. You may elect both the Terminal Illness Rider and the LTC Rider at policy issue, as long as the Insured meets the eligibility requirements for each rider.** 

**If you choose to exercise the Rider, at the time we pay any benefit payment, we will reduce your Policy's Death Benefit, as described in the Policy and Rider. Other Policy values, including but not limited to Surrender Charge, Accumulated Value and Total Face Amount will be reduced pro rata.** 

*30-Day Right to Examine* 

The Owner has 30 days from the day this Rider is received to examine and return it to us if the Owner decides not to keep this Rider. The Owner does not have to tell us the reason for returning this Rider. The Rider can be returned to us at our Administrative Office or to the Producer through whom it was bought. If you wish to cancel the Rider without cancelling the Policy, you must return the Policy and this Rider to us so that we can send you back the Policy without this Rider. We will refund, as a credit to the Policy, the full amount of any Rider Charges paid within 30 days of such a Rider return and the Rider will be void from the start.

*Rider Charge* 

We assess the LTC Rider Charge on each Monthly Payment Date and deduct it from the Policy's Accumulated Value. The current charge for this rider is $0.01-$1.15 per $1,000 of LTC Net Amount at Risk. The maximum monthly charge for this Rider is equal to (a × b) where:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Is the Maximum Monthly LTC Rider Charge Rate as shown in the Policy Specifications divided by 1000; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Is the LTC Net Amount at Risk.

During any Claim Period, we will waive any LTC Rider Charges that would occur as part of the Policy Monthly Deduction. The charges will resume when the Claim Period is no longer in effect. Rider charges will apply during any Elimination Period.

**A hypothetical example of a Maximum Monthly LTC Rider Charge Calculation:** 

Assume the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Policy Death Benefit is $1,000,000

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● LTC Coverage Amount is $750,000

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Policy Net Amount at Risk (NAR) is $948,351

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Maximum Monthly LTC Rider Charge rate per $1000 of LTC NAR is 0.3426

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● LTC NAR = $711,263.25. The LTC Net Amount of Risk (NAR) is calculated on each Monthly Payment Date as [a × b] ÷ c where:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Is the LTC Coverage Amount;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Is the Policy's Net Amount at Risk; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Is the Policy's Death Benefit.

LTC Rider Charge = [Maximum Monthly LTC Rider Charge Rate ÷ 1000] x LTC NAR = $243.68

*Rider Terms* 

**Acceleration Percentage** – an amount used to calculate Policy and Rider values after a benefit payment and after the corresponding reduction to the Policy's Total Face Amount. It is calculated after each benefit payment as the LTC Benefit Amount divided by the Policy Death Benefit prior to the benefit payment.

**Activities of Daily Living** – generally include the following self-care functions:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Bathing oneself

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Continence

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Dressing oneself

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Feeding oneself

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Getting oneself to and from the toilet

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Transferring oneself into or out of a bed, chair or wheelchair.

The Rider attached to your Policy contains more detailed information about these self-care functions.

**Adjusted LTC Coverage Amount** – the amount used to calculate the Maximum Monthly Benefit Payment Amount. If no benefits have been paid under the Rider, the Adjusted LTC Coverage Amount is equal to the LTC Coverage Amount. Any decrease to LTC Coverage Amount will also decrease the Adjusted LTC Coverage Amount by the same dollar amount, except that the Adjusted LTC Coverage Amount will not be reduced for a benefit payment under this rider. We do not allow increases to the Adjusted LTC Coverage Amount.

**Assessment** – an evaluation done in the United States by a Licensed Health Care Practitioner to determine or verify that the Insured is a Chronically Ill Individual.

**Assisted Living Care** – personal/custodial monitoring and assistance with Activities of Daily Living provided in a residential setting in an Assisted Living Facility.

**Assisted Living Facility** – a facility that is licensed or certified or complies with the state's facility licensing requirements to engage primarily in providing ongoing Assisted Living Care and related services as described in the Rider.

**Chronically Ill Individual** – an Insured who has been certified in writing as:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Being unable to perform at least two Activities of Daily Living without hands-on or standby assistance from another individual for a period of at least 90 days due to a loss of functional capacity; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Requiring substantial supervision by another person for protection from threats to the Insured's health or safety due to a Severe Cognitive Impairment as described in the Rider.

**Claim Forms** – we will provide Claim Forms for the filing of a Proof of Loss when we receive the notice of claim. If the Owner, Insured or Insured's Representative does not receive the necessary Claim Forms within 15 days, a Proof of Loss can be filed without them by sending us a letter which describes the occurrence, the character and the extent of the loss for which the claim is made. That letter must be sent to us at our Administrative Office within the time noted below under Proof of Loss.

**Claim Period** – an uninterrupted period of time during which benefits are being paid under this Rider. The Claim Period for an occurrence begins on the date a benefit payment is made. After the final benefit payment for an occurrence is made, the Claim Period terminates at the end of the day prior to the next Monthly Payment Date.

**Confinement or Confined** – an Insured who is a resident in a Nursing Home Facility, an Assisted Living Facility or a Hospice Care Facility for a period for which a room and board charge is made.

**Covered Services** – the types of Qualified Long-Term Care Services the Insured must receive and must be prescribed under a Plan of Care in order to qualify for a benefit to be payable under this Rider.

**Elimination Period** – the total number of days that the Insured is a Chronically Ill Individual before benefits are payable. The Elimination Period is 90 days for all covered services. The Elimination Period must only be met once; any subsequent claim will not be subject to a new Elimination Period.

**Home Health Care** – medical and non-medical services, provided to ill, disabled or infirm persons by a Home Health Care Agency in their residences. Such services may include Homemaker Services and assistance with Activities of Daily Living and may be performed by a Home Health Care Agency or by any other skilled or unskilled individuals.

**Home Health Care Agency** – an entity that is licensed or certified to provide Home Health Care for compensation by the state in which it operates and employs staff who are qualified by training or experience to provide such care.

**Hospice Care** – services designed to provide palliative care and alleviate the Insured's physical, emotional and social discomforts if he or she is Terminally Ill and in the last phases of life. Hospice Care includes Home Health Care as well as care received in a Nursing Home Facility, Hospice Care Facility, or Assisted Living Facility.

------

**Hospice Care Facility** – a facility that is appropriately licensed or certified to provide Hospice Care in the state in which it operates.

**Immediate Family Member** – the Insured's Spouse and the parents, brothers, sisters and children of either the Insured or the Insured's Spouse by blood, adoption or marriage.

**In Good Order** – the date the applicable Elimination Period has been completed and all of the requirements under the eligibility conditions for the payment of benefits under this Rider have been met and verified by us.

**International Benefit** – Benefits are payable under this Rider when the Insured incurs Covered Services outside the United States provided the initial and any annual renewal certifications are completed by a Licensed Health Care Practitioner.

A Plan of Care can be completed remotely provided it is prescribed in the United States. The Insured is not required to return to the United States to be certified as being a Chronically Ill Individual.

**Licensed Health Care Practitioner** – a physician, a registered professional nurse, licensed social worker or other individual who meets such requirements as may be prescribed by the Secretary of the Treasury of the United States. A Licensed Health Care Practitioner must reside in the United States and cannot be you or an Immediate Family Member.

**LTC Coverage Amount –** the total benefits payable under the Rider, adjusted for certain policy transactions as further described in

*LTC Coverage Amount*.

**LTC Net Amount at Risk (NAR) –** the LTC NAR is calculated on each Monthly Payment Date as (a) multiplied by (b) divided by (c) where:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Is the LTC Coverage Amount;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Is the Net Amount at Risk of the Policy; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Is the Death Benefit of the Policy.

**Maintenance or Personal Care Services –** means any care the primary purpose of which is the provision of needed assistance with any of the disabilities as a result of which the Insured is a Chronically Ill Individual. This includes protection from threats to health and safety due to Severe Cognitive Impairment.

**Minimum LTC Coverage Amount** – the minimum amount of long term care coverage available under the Rider; generally $50,000 but varies by state and is shown in your policy specifications.

**Monthly Per Diem Limitation – the Per Diem Limitation declared by the Internal Revenue Service and in effect on the date any LTC Benefit is effective, multiplied by the Maximum Per Diem Limitation Percentage shown in the Policy Specifications then multiplied by 30. The IRS releases updated Per Diem Limitations annually. Current Per Diem Limitations can be found on the IRS' website at www.irs.gov. You may also contact us at our Life Insurance Operations Center to request a quote for the current Limitations.**

**Nursing Home Care** – nursing care and related services provided on an in-patient basis by a Nursing Home Facility.

**Nursing Home Facility** – a facility or distinctly separate part of a hospital or other institution that is appropriately licensed or certified or complies with the state's facility licensing requirements to engage primarily in providing Nursing Home Care to inpatients under a planned program supervised by a Physician.

**Option C Amount** – if Death Benefit Option C is elected, the Option C Amount is the Policy's Total Face Amount plus premiums paid, less any withdrawals (WD) or other distributions and is subject to Death Benefit Option C Limit as described in the Policy Specifications.

**Physician** – a doctor of medicine or osteopathy legally authorized to practice medicine and surgery by the state in which he or she performs such function or action (as defined in Section 1861(r)(1) of the Social Security Act).

**Plan of Care** – a written individualized plan of services which is appropriate and consistent with the Health Insurance Portability and Accountability Act of 1996 ("HIPAA"). An approved Plan will be consistent with the care needs that were verified during the process of establishing that the Insured is a Chronically Ill Individual. When we have received all information required to verify the Plan of Care, which will include the proposed provider of long term care services, we will generally complete the verification process within ten business days of the date of the claimant's benefit eligibility approval.

------

**Proof of Loss** – written Proof of Loss is information satisfactory to us that describes and confirms that the Insured has met the eligibility requirements for an occurrence for the payment of benefits. An occurrence is an uninterrupted period of time during which the Insured is claiming benefits under this Rider. If the Insured recovers, but later opens a new claim, the subsequent claim will be considered a new occurrence. You must provide written Proof of Loss within 90 days after the occurrence or commencement of any loss covered for which benefits are claimed. However, we will still consider a claim if it was not possible to secure proof within the 90-day time frame and you provided the Proof of Loss as soon as reasonably possible thereafter. Except in the absence of legal capacity, we will not consider a service to be a Covered Service if Proof of Loss for that service is furnished more than one year after the date the proof is otherwise required.

**Qualified Long-Term Care Services** – services that meet the requirements of Section 7702B(c)(1) of the Internal Revenue Code of 1986, as amended, as follows: necessary diagnostic, preventative, therapeutic, curing, treating, mitigating and rehabilitative services, and Maintenance or Personal Care Services which are required by a Chronically Ill Individual and are provided pursuant to a Plan of Care prescribed by a Licensed Health Care Practitioner.

**Severe Cognitive Impairment** *–* means a deficiency in an individual's short or long-term memory, orientation as to person, place and time, deductive or abstract reasoning, or judgment as it relates to safety awareness.

**Terminally Ill** *–* means the Insured has a life expectancy of 12 months or less, as certified by a Physician.

*Limitations, Exclusions and Eligibility Conditions for Benefits* 

To receive the Rider Benefit, you must satisfy the following conditions:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● A Licensed Health Care Practitioner certifies the Insured as being a Chronically Ill Individual;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The Insured receives care that is a Covered Service under this Rider and care is provided pursuant to a written Plan of Care;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Coverage under this Rider is In Force on the date(s) the care is received;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Any assignee or any irrevocable Beneficiary under the Policy must provide written consent to payment of benefits;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The applicable Elimination Period has been satisfied.

If the Insured recovers from a Chronic Illness and the LTC Coverage Amount has not been exhausted, a new claim may be initiated, subject to the same eligibility requirements that applied to the initial claim. However, the Elimination Period will already have been satisfied. Benefits for subsequent claims will be calculated in the same manner as they were for the initial claim.

You must elect to accelerate benefits under the Policy by making a claim for benefits under this Rider. If the entire Death Benefit under the Policy is accelerated under the terms of this Rider, the Policy will terminate.

**Certain pre-existing condition limitations apply.** A pre-existing condition is any condition for which the Insured received medical advice or treatment in the six months preceding the LTC Rider Effective Date. If the Insured is Confined for a pre-existing condition that was disclosed in the application, that condition is considered a Covered Service and the Elimination Period will begin on the Rider Effective Date. We will not pay benefits for a Confinement due wholly or in part to a pre-existing condition which is not disclosed in the application if the need for services begins during the first six months after the Rider Effective Date.

The Rider will not pay benefits for:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Care or services that result from an attempt at suicide (while sane or insane) or an intentionally self-inflicted injury;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Care or services that result from alcoholism or drug addiction;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Care or services that result from committing or attempting to commit or participating in a felony, riot or insurrection;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Treatment provided in a government facility (unless current or future law requires that this Rider provide coverage);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Services for which benefits are available under Medicare or other governmental program (except Medicaid), any state or federal workers' compensation, employer's liability or occupational disease law, or any motor vehicle no-fault law; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Services received while this Rider is not In Force, except as provided in the Extension of Benefits provision. *LTC Coverage Amount* 

The LTC Coverage Amount is the maximum amount of benefits payable under this Rider. The initial LTC Coverage Amount is shown in the Policy Specifications and is adjusted thereafter as described below. The LTC Coverage Amount will never exceed the Policy's Total Face Amount, or, if Death Benefit Option C is in effect, the lesser of the Total Face Amount or the Option C Amount.

The LTC Coverage Amount will be decreased at the time:

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● We receive your Written Request;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● We pay a benefit in accordance with the terms of the Rider;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● A withdrawal from the Policy occurs; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The LTC Coverage Amount is greater than the Policy's Total Face Amount; or, if you selected Death Benefit Option C, the LTC Coverage Amount will be decreased to the lesser of the Policy's Total Face Amount or the Option C Amount.

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Transaction**  | &nbsp;&nbsp;**Reduction to LTC Coverage Amount**  | &nbsp;&nbsp;**LTC Coverage Amount After Transaction**  |
| &nbsp;&nbsp;Benefit Payment  | &nbsp;&nbsp;LTC Benefit Amount  | &nbsp;&nbsp;&nbsp;&nbsp;A – B where: <br>A is the LTC Coverage Amount before Benefit Payment; and <br>B is the LTC Benefit Amount <br>*See Example #1 below*  |
| &nbsp;&nbsp;Withdrawal  | &nbsp;&nbsp;Withdrawal /Policy Death Benefit x LTC Coverage Amount  | &nbsp;&nbsp;&nbsp;&nbsp;A x (1- B/C) where: <br>A is the LTC Coverage Amount before the withdrawal; <br>B is the Withdrawal; and <br>C is the Policy Death Benefit before the withdrawal <br>*See Example #2 below*  |
| &nbsp;&nbsp;Other reduction to the Total Face Amount (Death Benefit Option A or B is in effect)  | &nbsp;&nbsp;&nbsp;&nbsp;Maximum of A or (B – C) where: <br>A is 0; <br>B is the LTC Coverage Amount; and <br>C is the Policy Face Amount after the face reduction  | &nbsp;&nbsp;&nbsp;&nbsp;Minimum of A or B where: <br>A is the LTC Coverage Amount before the reduction to Total Face Amount; and <br>B is the Total Face Amount after the reduction <br>*See Example #3 below*  |
| &nbsp;&nbsp;Other reduction to the Total Face Amount (Death Benefit Option C is in effect)  | &nbsp;&nbsp;&nbsp;&nbsp;Maximum of A or (B – C) where: <br>A is 0; <br>B is the LTC Coverage Amount; and <br>C is the lesser of Policy Face Amount after the face reduction or the Option C Amount after the face reduction  | &nbsp;&nbsp;&nbsp;&nbsp;Minimum of A, B or C where: <br>A is the LTC Coverage Amount before the reduction to Total Face Amount; <br>B is the Total Face Amount after the reduction; <br>C is the Option C Amount after the reduction to Total Face Amount <br>*See Example #4 below*  |

---

If no benefits have been paid under the Rider, the Adjusted LTC Coverage Amount is equal to the LTC Coverage Amount. Any decrease to LTC Coverage Amount will also decrease the Adjusted LTC Coverage Amount by the same dollar amount, except that the Adjusted LTC Coverage Amount will not be reduced for a benefit payment under this rider. We do not allow increases to the Adjusted LTC Coverage Amount.

**Hypothetical Example #1:** 

Assume the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● LTC Coverage Amount at issue is $750,000 and Total Face Amount is $1,000,000

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● LTC Benefit Amount = $10,000

Then:

LTC Coverage Amount - $740,000 ($750,000-$10,000)

Adjusted LTC Coverage Amount = $750,000 (benefit payment does not reduce the Adjusted LTC Coverage Amount)

**Hypothetical Example #2:** 

Assume the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● LTC Coverage Amount at issue is $740,000

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Death Benefit Option B

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Adjusted LTC Coverage Amount is $750,000

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Total Face Amount is $1,000,000

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Accumulated Value is $50,000

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Death Benefit is $1,050,000

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Withdrawal processed for $25,000

Then:

LTC Coverage Amount after WD = LTC Coverage Amount before Withdrawal x (1 – WD/DB) = $722,380.95

This is a reduction of $17,619.05 (740,000 – 722,380.95). The same dollar amount reduces the Adjusted LTC Coverage Amount.

Adjusted LTC Coverage Amount = $732,380.95

**Hypothetical Example #3:** 

Assume the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● LTC Coverage Amount is $722,380.95

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Adjusted LTC Coverage Amount is $732,380.95

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Total Face Amount is $1,000,000

If there is a policy transaction that reduces the Total Face Amount to $800,000 there is no reduction to the LTC Coverage Amount or the Adjusted LTC Coverage Amount. This is because the LTC Coverage Amount of $722,380.95 is still less than the Total Face Amount after reduction to $800,000.

If there is a policy transaction that reduces the Total Face Amount to $600,000, then the LTC Coverage Amount is reduced to $600,000 so that the LTC Coverage Amount does not exceed the Total Face Amount. This is a reduction of $122,380.95 and this same dollar amount will reduce the Adjusted LTC Coverage Amount. The Adjusted LTC Coverage Amount after this reduction is $610,000.

#### Hypothetical Example #4: (Option C)
Assume the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● LTC Coverage Amount is $950,000

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Adjusted LTC Coverage Amount is $950,000

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Total Face Amount is $1,000,000

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● DB Option C is in effect

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Cumulative Premiums = 100,000

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Cumulative Withdrawals = 150,000

------

The Option C Amount before the face reduction = 950,000 (1,000,000 + 100,000 – 150,000)

The Face Amount is reduced to 975,000

After this reduction to Total Face Amount, the Option C Amount is 925,000 (975,000 + 100,000 – 150,000)

Although the LTC Coverage Amount does not exceed the Total Face Amount after the reduction to the Total Face Amount, the LTC Coverage Amount does exceed the Option C Amount. Therefore, after the reduction to the Total Face Amount, the LTC Coverage Amount is reduced to $925,000. (The Adjusted LTC Coverage Amount is also reduced to $925,000).

*The Rider at Exercise* 

The LTC Benefit Amount is the lesser of the dollar amount you requested or the Maximum Monthly Benefit Payment Amount available under this Rider. Any requested LTC Benefit Amount may not be less than the Minimum Monthly Benefit Payment Amount.

The Maximum Monthly Benefit Payment Amount is the lesser of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The Maximum Monthly Percentage multiplied by the Adjusted LTC Coverage Amount; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The Monthly Per Diem Limitation; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The LTC Coverage Amount

The Maximum Monthly Percentage is the maximum percentage of the Adjusted LTC Coverage Amount that will be paid as a monthly LTC Benefit. You elect the Maximum Monthly Percentage shown in the Policy Specifications at Policy issue and cannot change it thereafter.

Provided the Policy is not in its Grace Period, the amount of the LTC Benefit Proceeds is equal to (a - b) where:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Is the LTC Benefit Amount; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Is any Total Policy Debt immediately prior to the benefit payment, multiplied by the Acceleration Percentage.

LTC Benefit Proceeds During Policy Grace Period - If benefit payment is made while the Policy is in its Grace Period, we reduce the payment by any unpaid Monthly Deductions. The LTC Benefit Proceeds are equal to: (a – b – c) where:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Is the LTC Benefit Amount; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Is any Total Policy Debt immediately prior to the benefit payment, multiplied by the Acceleration Percentage; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Is any Monthly Deductions due and unpaid immediately prior to the benefit payment, multiplied by 1 minus the Acceleration Percentage

If (b + c) is greater than (a), no benefit payment will be made and the Policy will remain In Force.

**A hypothetical example where the Policy is not in the Grace Period:** 

Assume the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● LTC Coverage Amount is $750,000

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● LTC Benefit Amount is $10,000

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Total Policy Debt before the benefit payment is $5,000

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Policy Death Benefit before the LTC Benefit Amount is $1,000,000

Acceleration percentage = 10,000÷ 1,000,000 = 1%

LTC Benefit Proceeds = 10,000 – (5,000 x 1%) = $9,950.00

**A hypothetical example where the Policy is in the Grace Period:** 

Assume the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● LTC Coverage Amount is $750,000

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● LTC Benefit Amount is $10,000

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Policy Accumulated Value is $15,000

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Standard Policy Debt before the benefit payment is $10,000

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Alternate Policy Debt before the benefit payment is $5,200

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Total Policy Debt (Standard Policy Debt + Alternate Policy Debt) before the benefit payment is $15,200

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Monthly Deductions due and unpaid is $200

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Policy Death Benefit before the LTC Benefit Amount is $1,000,000

Acceleration Percentage = 10,000 ÷ 1,000,000 = 1%

We will reduce Standard Policy Debt, Accumulated Value and Monthly Deductions due and unpaid each by the Acceleration Percentage (1%). If your Policy has an alternate loan under an alternate loan rider, then any Alternate Policy Debt is also reduced by the Acceleration Percentage (1%).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Accumulated Value after the benefit payment is $14,850

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Standard Policy Debt after the benefit payment $9,900

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Alternate Policy Debt after the benefit payment $5,148

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Monthly Deductions due and Unpaid after the benefit payment is $198.00

LTC Benefit Proceeds = $10,000 - $152 - $198 = $9,650.00

If a benefit payment is made on the Monthly Payment Date, the benefit payment will be processed before the calculation of the Policy Monthly Deductions.

*Your Policy After Exercising the Rider* 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● When you exercise the Rider and we make a Benefit payment, the following values will be reduced by an amount equal to the value below multiplied by the Acceleration Percentage:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The Policy's Total Face Amount;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The Policy's Accumulated Value;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Any Alternate Accumulated Value of the Policy or any rider;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Any Standard Policy Debt;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Any alternate loan values (including Alternate Policy Debt),

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Any Surrender Charge applicable for each Coverage Layer unless the Policy has a Maximum Surrender Charge. If your Policy has a Maximum

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Surrender Charge, it will be reduced by the Acceleration Percentage;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Any Termination Charge applicable for each LTPR Coverage Layer,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Any Monthly Deduction due and unpaid during a Policy Grace Period;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● For Policies with Death Benefit Option C, the sum of the premiums less withdrawals and other distributions as described in the Policy; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● For Policies with Death Benefit Option C, the Option C Death Benefit Limit.

**For example, if the Acceleration Percentage is 2%, each of the above values is reduced by 2% as shown below:** 

---

| | | | |
|:---|:---|:---|:---|
| **Policy Value**  | **Before benefit payment**  | **Reduction (2% x Value)**  | **After benefit payment**  |
| Total Face Amount  | $500000  | $10000  | $490000  |
| Accumulated Value  | $50000  | $1000  | $49000  |

---

------

---

| | | | |
|:---|:---|:---|:---|
| Standard Policy Debt  | $25000  | $500  | $24500  |
| Alternate Policy Debt  | $25000  | $500  | $24500  |
| Surrender Charge  | $1000  | $20  | $980  |

---

Other values reduced by the Acceleration Percentage are reduced in a similar manner as shown in the example above.

The Face Amount of each Coverage Layer of the Policy or any insurance Rider on the Insured will be reduced according to the terms of the Policy and Rider. You may not decrease the Total Face Amount starting on the date a claim is In Good Order and continuing until the end of that Claim Period.

Your Policy's Cost of Insurance charges will be calculated according to the terms of the Policy, but will be based on the reduced Policy values following a Benefit payment.

After reduction to your Policy's Accumulated Value and any Total Policy Debt, any amount of Monthly Deductions that are due and unpaid at the time of a benefit payment are reduced by an amount equal to the Acceleration Percentage multiplied by the Monthly Deduction due and unpaid prior to the benefit payment.

*Transfers of Accumulated Value during any Claim Period* 

Transfers from the Fixed Account to the Variable Investment Options are not permitted. You may transfer Accumulated Value from the Variable Investment Options to the Fixed Account, subject to limitations on allocations to the Fixed Option.

*Other Effects on the Policy* 

Beginning on the date a claim is In Good Order under this Rider:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● We will not allow Death Benefit Option Changes, except for changes into Death Benefit Option A;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● We will not allow any requested increases in benefits under the Policy or any Riders; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● We will discontinue the Automated Income Option or any other systematic distribution program in effect

You may not request a Policy Loan or Policy Withdrawal starting on the date a claim is In Good Order and continuing until the end of that Claim Period. When a Claim Period is no longer in effect, Policy Loans and Policy Withdrawals will be available according to the terms of the Policy.

*The Riders After Exercising the Premier LTC Rider* 

Generally, optional rider benefits under the Policy will remain In Force subject to their terms and conditions, unless otherwise stated. We will calculate charges for optional riders in accordance with the terms of each applicable rider. Charges may be affected by the reduction in benefits and policy values. In addition:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● For any no-lapse guarantee rider using no lapse guarantee premiums (No-Lapse Guarantee Rider), the no-lapse premium and the no-lapse credit will be reduced on the date of each benefit payment;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● For any no-lapse guarantee rider that is based on a no-lapse guarantee value (Flexible Duration No-Lapse Guarantee Rider), the no-lapse guarantee value will be reduced on each Benefit Payment Date by an amount equal to the no-lapse guarantee value prior to payment of Benefit Proceeds, multiplied by the Acceleration Percentage;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Overloan protection riders (Overloan Protection 3 Rider) cannot be exercised starting on the date a claim is In Good Order and continuing until the end of that Claim Period; The Indexed Termination Credit Accrued provided by the Minimum Indexed Benefit Rider will be reduced on each Benefit Payment Date by an amount equal to the Indexed Termination Credit Accrued prior to the Benefit Payment multiplied by the Acceleration Percentage.

*Lapse Protection during Claim Period* 

During any Claim Period, the Policy and Riders will not lapse. On each Monthly Payment Date during any Claim Period, we will make a determination of the Policy's Net Accumulated Value. If the Policy's Net Accumulated Value is greater or equal to zero, the Net Accumulated Value will not be reduced to less than zero, except for any amount attributable to any Standard Loan or Alternate Loan that would otherwise reduce the Net Accumulated Value. If the Policy's Net Accumulated Value is less than zero, the Net Accumulated Value will not be reduced further, except for any amount attributable to any Standard Loan or Alternate Loan that would otherwise reduce the Net Accumulated Value. Policy Standard Loans and Alternate Loans will continue to be processed according to the Policy and may result in a negative Net Accumulated Value. **You may have to pay additional Premium to prevent your Policy and any Riders from lapsing when the Claim Period is no longer in effect.** If the Insured dies during the Claim Period, we will pay the Policy's Death Benefit as defined in the contract. If we receive notification of the Insured's death before a benefit payment is made, we will not make the benefit payment. If we receive notification of the Insured's death after a benefit payment is made, the benefit payment will reduce the Death Benefit proceeds payable under the Policy.

------

**A hypothetical example with no Total Policy Debt:** 

Assume the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Accumulated Value prior to Monthly Deductions or benefit payment is $1,201

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● At benefit payment, Acceleration Percentage is 1%

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Accumulated Value after benefit payment, but before Monthly Deductions is $1,189

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Monthly Deductions due is $1,500

We will limit monthly deductions to $1,189 so that after the monthly deductions are assessed, the Accumulated Value is 0. The difference is "offset" and there is no requirement that this offset amount ever be repaid.

**A hypothetical example with Total Policy Debt:** 

Assume the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Accumulated Value prior to Monthly Deductions or benefit payment is $1,201

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Standard Policy Debt prior to benefit payment is $250

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Alternate Policy Debt prior to benefit payment is $250

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Total Policy Debt (Alternate Policy Debt + Standard Policy Debt) prior to benefit payment is $500

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● At benefit payment, Acceleration Percentage is 1%

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Accumulated Value after benefit payment, but before Monthly Deductions is $1,189

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Standard Policy Debt after the benefit payment is $247.50

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Alternate Policy Debt after the benefit payment is $247.50

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Total Policy Debt (Alternate Policy Debt + Standard Policy Debt) after the benefit payment is $495

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Net Accumulated Value is $694 ($1,189 - $495)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Monthly Deductions due is $1,500

We will limit monthly deductions to $694 so that after the monthly deductions are assessed, the Net Accumulated Value is 0. The difference is "offset" and there is no requirement that this offset amount ever be repaid. Note that the Standard Loan interest charge will be added to the Standard Policy Debt and the Alternate Loan interest charge will be added to the Alternate Policy Debt so that the Net Accumulated Value at the end of the month will be negative.

*Rider Termination* 

The Rider is effective on the Rider Effective Date unless otherwise stated. It will terminate on the same date any of the following occur:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The Insured's death;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The Rider is cancelled pursuant to the Owner's request;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Exercise of any Policy overloan protection (Overloan Protection 3 Rider);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Any terminal illness benefit payment resulting in an Adjusted LTC Coverage Amount that is less than the Minimum LTC Coverage Amount;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The LTC Coverage Amount is zero; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The Policy is terminated.

*Lapse and Reinstatement* 

The Policy's Lapse and Reinstatement section applies to the Rider, except as follows:

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● We will provide Notice of pending lapse or termination for non-payment of premium to you and the Insured, any assignee of record and any additional designee;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● To protect the Policy and Rider against unintentional lapse, you must designate at least one additional person to receive the lapse notice or you must waive the designation in writing;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● We will waive any LTC Rider Charges that would occur as part of the Policy Monthly Deduction during any Claim Period;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The Policy and Riders will not lapse during any Claim Period and the Policy's Net Accumulated Value will not be reduced to less than zero, except for amounts attributable to Policy loans.

You may have to pay additional Premium to prevent your Policy and any Riders from lapsing when the Claim Period is no longer in effect.

You can reinstate your Rider under the Rider's Reinstatement provision within six months from the end of the Grace Period and subject to our approval of your reinstatement application. A reinstated Rider will only cover loss resulting from an injury or condition that begins after the date of reinstatement. Otherwise, you will have the same rights under the Rider as you had before it terminated. If the Rider terminates while the Insured is Chronically Ill, we may reinstate coverage subject to conditions described in the Rider.

You cannot reinstate the Rider after six months from the end of the Grace Period, even if your Policy is reinstated.

*Extension of Benefits* 

If this Rider terminates while the Insured is Confined in a Nursing Home Facility, Hospice Care Facility, or an Assisted Living Facility, benefits may be paid for such Confinement if the Confinement began while this Rider was In Force and the Confinement continues without interruption after termination. Extension of benefits stops on the earliest of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The date when the Insured no longer meets the eligibility for the payment of benefits requirements;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The date the Insured is no longer Confined in a Nursing Home Facility, Hospice Care Facility, or an Assisted Living Facility; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The date when the LTC Coverage Amount remaining after a monthly benefit payment is zero.

This Extension of Benefits provision is subject to all provision of this rider and all applicable coverage maximums.

If benefits are continued under this Extension of Benefits provision because the Policy has lapsed, no Death Benefit will be payable to the beneficiary under the Policy.

**Payment of an Accelerated Death Benefit under this rider will reduce the Policy's Death Benefit and other values under the Policy. In most circumstances, the cost of insurance charges will also be reduced. In addition, premium limitations and Death Benefits required in order for the Policy to qualify as a life insurance policy or avoid being classified as a Modified Endowment Contract under the Tax Code will also be affected. S**ee the **VARIABLE LIFE INSURANCE AND YOUR TAXES - Modified Endowment Contracts and the HOW PREMIUMS WORK - Limits on the Premium Payments You Can Make** sections in this prospectus for more information on the relation of the Policy's Death Benefit to premium payments and Modified Endowment Contract status.

*Claims Provisions* 

We prefer that either you or the Insured notify us as soon as the Insured first becomes eligible and may soon need care covered by this Rider. Notify us even if you or the Insured is unsure, and we can help determine whether the Insured is eligible for benefits. To file a claim, you or the Insured may call us, notify us in writing or submit a completed Claim Form we provide.

When we receive the notice of claim, we will expect the Insured to submit a completed Claim Form. The information needed to establish the Insured's eligibility for benefits will include:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Certification by a Licensed Health Care Practitioner that the Insured is a Chronically Ill Individual;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Confirmation through sufficient Proof of Loss that the Insured has incurred a Qualified Long-Term Care Service to initiate the Elimination Period; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● A Plan of Care

In order to ensure that the Insured continues to meet the eligibility conditions for Rider Benefits throughout the Claim Period, we reserve the right to have the Insured evaluated by our nurse, to contact the Insured's Physician(s) or other care provider and to review the Insured's medical records at any time during the Claim Period.

------

We will provide Claim Forms for the filing of a Proof of Loss when we receive the notice of claim. If you, the Insured or the Insured's Representative does not receive the necessary Claim Forms within 15 days, you can file a Proof of Loss without them by sending us a letter describing the occurrence, the character and the extent of the loss for which the claim is made. That letter must be sent to us at our Administrative Office within 90 days following the loss for which benefits are claimed. We will not pay benefits until we verify eligibility for benefits.

Once a claim is In Good Order, benefit payments will start within 30 business days. Benefit payments will be made as long as the Insured continues to meet the eligibility for the payment of benefits and our liability continues. Any periodic benefit payments will be made on a monthly basis as long as the loss and our liability continue. We pay the Benefits to you (or your designee) unless the Policy has been otherwise assigned.

If you or the Insured disagree with our decision regarding a claim, you may submit a Written Request for reconsideration of your claim within 60 days of that decision. Any internal review of claim decisions will be consistent with applicable laws and regulations. You or the Insured should submit any additional information that you or the Insured feel is necessary for our review.

*Care Coordination* 

The Rider provides access to Care Coordination under a national long-term care services referral network via a toll-free telephone number. Care

Coordination helps identify a person's functional, cognitive, personal and social needs for care and services and can help link the person to a full range of appropriate services. Services include free consultation, Assessments and tailored information to assist in planning and implementing a Plan of Care. There is no additional charge for this service and it has no effect on the LTC Coverage Amount. This service is subject to availability and may be modified, suspended, or discontinued at any time upon thirty days written notice.

**Premier Living Benefits Rider 2** 

(This Rider is called "Accelerated Death Benefit Rider for Chronic Illness and Terminal Illness" in your Policy.)

*This Rider is only available at Policy issue and is not available for Policies issued with the Terminal Illness Rider, the Premier Chronic Illness Rider, or the Premier LTC Rider.* 

The Premier Living Benefits Rider is a chronic illness and terminal illness Rider that provides protection from the financial impacts of becoming chronically ill or terminally ill by providing acceleration of a portion of the Death Benefit.

**There is no additional cost for the rider. However, if you choose to exercise the Rider, at the time we pay any Benefit payment, we will reduce your Policy's Death Benefit by an amount greater than the Benefit payment itself, as described in the Rider. Other Policy values, including but not limited to Surrender Charge, Accumulated Value and Total Face Amount will be reduced pro rata.** 

**There is no separate premium requirement for this Rider. However, this Rider does not eliminate the need to pay premiums to keep the Policy In Force. Even when receiving payment benefits under this Rider, the Owner must continue to pay any necessary premiums to avoid policy lapse.** 

**You may opt out of the Rider at any time after the Policy is issued. There is no charge for opting out of the Rider.** 

*<u>Rider Terms</u>*

**Accelerated Death Benefit –** the adjusted death benefit or portion of death benefit that is paid to a Chronically or Terminally Ill Individual.

**Activities of Daily Living** – generally include the following self-care functions:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Bathing oneself

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Continence

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Dressing oneself

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Feeding oneself

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Getting oneself to and from the toilet

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Transferring oneself into or out of a bed, chair or wheelchair.

The Rider attached to your Policy contains more detailed information about these self-care functions.

------

**Benefit Payment –** the periodic or lump sum payment of the Accelerated Death Benefit proceeds.

**Benefit Payment Date** – the date or dates that a Benefit Payment is paid. Benefits will be paid when we confirm that the Insured has met the required ![](tm2514841d2prosi006.jpg)conditions. See the *Eligibility Conditions* subsection below.

**Certification of Illness** – is either of the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● A written certification from a Licensed Health Care Practitioner that the insured is a Chronically Ill Individual who meets the conditions of this Rider. Each certification is valid for a 12-month period and must state that the Chronic Illness is expected to be permanent; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● A written certification from a Licensed Physician that the insured is a Terminally Ill Individual who meets the conditions of this Rider. The certification must include the clinical, radiological or laboratory evidence of the condition that supports the certification

We reserve the right to obtain an additional opinion of the Insured's conditions at our expense. If this opinion differs from that of the Insured's Licensed Health Care Practitioner or Licensed Physician, eligibility for Benefits will be determined by a third-party Licensed Health Care Practitioner or Licensed Physician who is mutually acceptable to you and to us.

**Chronic Illness -** a medical condition where the Chronically Ill Individual has received a certification of illness that states:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● They are permanently unable to perform at least two Activities of Daily Living without hands-on or stand-by assistance from another individual; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● They require permanent continual supervision by another person for protection from threats to the Insured's health or safety due to severe cognitive impairment (deficiency in short or long-term memory, orientation as to person, place, and time, deductive or abstract reasoning, or judgment as it related to safety awareness).

**Chronically Ill Individual** – an Insured who has been certified as having a Chronic Illness.

**Initial Eligible Amount** – the lesser of the Maximum Lifetime Chronic Illness Benefit or the Death Benefit, when the first Benefit Payment under this Rider is made.

**Licensed Health Care Practitioner** – a physician, registered nurse, licensed social worker or other individual whom the United States Secretary of the Treasury may prescribe by regulation, and resides in the United States. A Licensed Health Care Practitioner may not be the Insured, the Owner, or the Insured's or Owner's spouse, child, stepchild, brother or sister, parent or grandparent, or the spouse, child, stepchild, brother, sister, parent, or grandparent of any of these persons. The Licensed Health Care Practitioner must be independent of us, meaning he or she may not be our employee or be compensated in a manner that is linked to the outcome of the certification.

**Licensed Physician** – a physician who is licensed and residing in the United States and the physician is not the Owner, the Insured, or the Insured's or <br>Owner's spouse, child, stepchild, brother or sister, parent or grandparent, or the spouse, child, stepchild, brother, sister, parent, or grandparent of any of these persons. The Licensed Physician must be independent of us, meaning he or she may not be our employee or be compensated in a manner that is linked to the outcome of the certification.

**Maximum Lifetime Chronic Illness Benefit** – the maximum amount of Death Benefit that you can accelerate as a Chronic Illness Benefit during the Insured's lifetime, as shown in your Policy Specifications. The Chronic Illness Benefit will not exceed the actual death benefit at the time this Rider is exercised.

**Per Diem Limitation** – used in the calculation of the Chronic Illness Benefit. Either annual or monthly Benefit Payments may be elected and they are determined as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● **Annual Per Diem Limitation** – the Per Diem Limitation as declared by the Internal Revenue Service on each Benefit Payment Date multiplied by the Maximum Per Diem Limit Percentage, then multiplied by 365.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● **Monthly Per Diem Limitation** – the Per Diem Limitation as declared by the Internal Revenue Service on each Benefit Payment Date multiplied by the Maximum Per Diem Limit Percentage, then multiplied by 30.

**Terminal Illness** – A medical condition where the Terminally Ill Individual has been certified to have a life expectancy that is reasonably expected to be 12- months or less from the Benefit Date.

**Terminally Ill Individual** – an Insured who has been certified as having a Terminal Illness.

*<u>Eligibility Conditions – Chronic Illness or Terminal Illness</u>*

**Eligibility Conditions** – To receive an Accelerated Death Benefit, all the following conditions must be satisfied:

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The Policy Owner must provide a written Request for Benefits. If we need additional information, within 15 days of our receipt of the written Request for Benefits, a Benefit Form will be provided to the Insured. You must submit written proof that the Insured is either a Chronically Ill or Terminally Ill Individual.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The Insured must provide Certification of Illness that they are either a Chronically Ill Individual or a Terminally Ill Individual, whichever applies.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The Owner must provide us with the written consent of the assignee of record named under the Policy, if any, or the irrevocable beneficiary named under the Policy, if any.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● There is no legal requirement that the benefit be used to meet the claims of creditors, whether in bankruptcy or otherwise, and there shall be no government agency that requires the benefit to apply for, obtain, or keep a government benefit or entitlement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The Chronic or Terminal Illness shall not be the result of attempted suicide, or intentionally self-inflicted injury

**Request for Benefits** – A written request for benefits may be for either one of the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Chronic Illness Benefits – may be made at any time after the date the Insured develops a Chronic Illness as defined in this Rider. Only one request for Chronic Illness Benefits may be submitted during any 12-month period and each request must include a new Certification of Illness. Requests should also include the desired dollar amount and your election of annual or monthly benefit proceeds.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Terminal Illness Benefits - may be made at any time after the date the Insured develops a Terminal Illness as defined in this Rider. A request should include the desired dollar amount which is paid in one lump sum.

*<u>Accelerated Death Benefit Payments and Values – Chronic Illness Benefit</u>*

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The **Chronic Illness Benefit** is the Accelerated Death Benefit payable when the Insured is a Chronically Ill Individual who has met the *Eligibility Conditions* subsection referenced above.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● **Chronic Illness Benefit Proceeds** – the amount of Chronic Illness Benefits that is payable on each Benefit Payment Date.

The Chronic Illness Benefit Proceeds are equal to a – (b x c) – (d x c), where:

a = The Chronic Illness Benefit;

b = The Total Policy Debt prior to the payment of the Chronic Illness Benefit;

c = The Chronic Illness Acceleration Percentage; and

d = The sum of any Monthly Deductions that are due and unpaid prior to the payment of the Chronic Illness Benefit, if the Policy is in the Grace Period.

The **Chronic Illness Acceleration Percentage** is equal to (a ÷ b), where:

a = The Chronic Illness Benefit; and

b = The Chronic Illness Reduction Factor multiplied by the Death Benefit on the Benefit Payment Date.

The **Chronic Illness Reduction Factor** is equal to (c + d) ÷ e, where:

c = 100% of the Cash Surrender Value immediately prior to the benefit payment;

d = The Chronic Illness Risk Factor (which varies based on the Insured's attained Age, sec and Risk Class, the Accelerated Death Benefit Interest Rate, and a mortality table for disabled lives declared by us) times the result of the Death Benefit less the greater of zero or the Accumulated Value immediately prior to the benefit payment; and

e = The Death Benefit.

**Election of Proceeds** – The Chronic Illness Benefit Proceeds may be paid in one annual payment or in 12-monthly payments. Proceeds will be paid as an annual benefit unless you elect to receive monthly payments.

**Annual Benefit Proceeds** – Under this option, you may elect to receive one annual payment that will not exceed the Maximum Annual Chronic Illness Benefit Amount. A new Certification of Illness is required before each election date, which is the start of a new 12-month period. The following stipulations apply:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The amount of Chronic Illness Benefits requested may not be less than the Minimum Annual Chronic Illness Benefit Amount

------

shown in the Policy Specifications; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The amount of Chronic Illness Benefits paid will never be greater than the Maximum Annual Chronic Illness Benefit Amount

***Monthly Benefit Proceeds** – Under this option, you may elect to receive proceeds in 12-monthly payments that will result in payment of the Chronic Illness Benefit Proceeds over a 12-month election period or until you cancel your request. The amount of Monthly Benefit Proceeds may vary from month to month, but will not exceed the Maximum Monthly Chronic Illness Benefit Amount (shown in the Policy Specifications) each Benefit Payment Date. A new Certification of Illness is required before each election date, which is the start of each new 12-month period however a new Request for Benefits will not be required. The following stipulations apply:*

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The amount of the Chronic Illness Benefits requested may not be less than the Minimum Monthly Chronic Illness Benefit Amount shown in the Policy Specifications;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The Chronic Illness Benefit will never be greater than the Maximum Monthly Chronic Illness Benefit Amount on that Benefit Payment Date; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● You may not change the dollar amount of the Chronic Illness Benefits you requested

You may cancel an election of Monthly Benefit Proceeds at any time during the 12-month period that the Monthly Benefit Proceeds are being paid. However, a new Request for Chronic Illness Benefits may not be made until 12 months after the date the prior Request for Benefits was processed. Upon canceling <br>your election, you will not receive any remaining monthly payments due and unpaid for the current 12-month election period.

Proceeds (annual or monthly) will be paid to you (or your designee) or your estate while the Insured is still living, subject to any required acknowledgment of concurrence for payout. Upon the death of the Owner we will pay the benefit, provided the benefit is requested prior to the Owner's death, to his or her estate. Any payment of proceeds that is made in good faith by us is deemed irrevocable. Accelerated Death Benefits are paid as described in this Rider.

The **Total Accelerated Chronic Illness Benefit** is equal to the amount that the Death Benefit has been reduced as a result of paying an Accelerated Death Benefit under this Rider. The Total Accelerated Chronic Illness Benefit is equal to zero at the date of issue of this Rider.

*Example* 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Assumptions:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Accumulated Value is $150,000

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Chronic Illness Benefit is $65,000

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Death Benefit is $600,000

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Cash Surrender Value is $100,000

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Chronic Illness Factor is 48.57734%

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Policy Debt is $20,000

The Reduction Factor is 0.5309967 = [$100,000 + 0.4857734 x ($600,000 - $150,000)] ÷ $600,000.

The Acceleration Percentage is 20.40188% = $65,000 ÷ (0.5309967 x $600,000)

The Chronic Illness Benefit Proceeds is $60,919.62 = $65,000 - ($20,000 x 0.2040188)

*End of Example*

*<u>Accelerated Death Benefit Payment and Values – Terminal Illness Benefit</u>*

**Terminal Illness Benefit Proceeds – Terminal Illness Benefit Proceeds is the amount of Terminal Illness Benefit that is payable on the Benefit Payment Date. Terminal Illness Benefit Proceeds will be paid in one lump sum and are at least equal to the Acceleration Percentage multiplied by the difference between the current Cash Surrender Value and any outstanding Total Policy Debt. More details about the calculation are in the Policy Specifications. We will pay the Terminal Illness Benefit Proceeds only once per Policy.**

The **Terminal Illness Acceleration Percentage** is equal to (a ÷ b), where:

a = The Terminal Illness Benefit; and

------

b = The Terminal Illness Eligible Coverage on the Benefit Payment Date.

The **Terminal Illness Benefit** is the Accelerated Death Benefit payable when the Insured is a Terminally Ill Individual who has met the *Eligibility Conditions* subsection referenced above.

The **Terminal Illness Eligible Coverage** is the portion of the Policy Death Benefit that will qualify for determining the Terminal Illness Benefit under this Rider. The Terminal Illness Eligible Coverage is listed in the Policy Specifications. The Terminal Illness Eligible Coverage does not include:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Any insurance under the Policy on the life of someone other than the Eligible Insured; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Any rider, on the Insured, that is not explicitly listed as being Terminal Illness Eligible Coverage.

*Example* 

Assumptions:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Eligible Coverage is $100,000

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Terminal Illness Benefit is $75,000

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Accelerated Death Benefit Interest Rate is 8%

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Cash Surrender Value is $25,000

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Policy Debt is $10,000

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Processing Charge is $0

The Acceleration Percentage is 75% = ($75,000 ÷ $100,000)

The Terminal Illness Reduction Factor is 0.92592593 = 1 ÷ (1 + 0.08)

The Terminal Illness Benefit Proceeds is $63,333.33 = [($100,000 - $25,000) x 0.92592593 + $25,000] x 0.75 - ($10,000 x 0.75) - 0

*End of Example* 

*<u>Request for Benefits</u>* 

**Processing the Request for Benefits** – Depending on whether a Chronic Illness Benefit or a Terminal Illness Benefit is requested, we will do one of the following on each Benefit Payment Date.

Upon request for Chronic Illness Benefits, we will:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Calculate the Chronic Illness Benefit Proceeds;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Verify that the Policy is not in the Grace Period. If it is, the Chronic Illness Benefit will be reduced by the amount needed to pay any portion of the Monthly Deduction due;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Limit the Chronic Illness Benefit Proceeds to the Maximum Annual Chronic Illness Benefit Amount or Maximum Monthly Chronic Illness Benefit Amount, each shown in the Policy Specifications, as applicable; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Reduce Policy and Rider values as described herein. Upon request for Terminal Illness Benefits, we will:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Calculate the Terminal Illness Benefit Proceeds;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Limit the Terminal Illness Benefit as shown in Terminal Illness Benefit Limitation shown in the Policy Specifications;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Reduce Policy and Rider values as described herein; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Terminate any Chronic Illness Benefits.

Accelerated Death Benefits are payable immediately beginning on the Benefit Date. If payment of Accelerated Death Benefit proceeds is delayed thirty-one (31) calendar days after the Benefit Date, we will pay Death Benefit Proceeds Additional Interest as described in the Death Benefit Proceeds section of the Policy. Such additional interest rate will be applied to the Accelerated Death Benefit proceeds beginning on the 31<sup>st</sup> calendar day referenced above to each Benefit Payment Date.

*<u>Rider E</u>ff<u>ects on Your Policy</u>* 

------

When you exercise the Rider and we pay Benefit Proceeds, the following values will be reduced by an amount equal to the value below multiplied by the applicable Chronic or Terminal Illness Acceleration Percentage. On each Benefit Payment Date, the following values will be reduced:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The Total Face Amount;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The Accumulated Value;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The Surrender Charge for each Coverage Layer;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Any Termination Charge applicable for each LTPR Coverage Layer;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Any Policy Debt;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Any Alternate Accumulated Value;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● For Policies with Death Benefit Option C, the sum of the premiums less withdrawals; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● For Policies with Death Benefit Option C, the Option C Death Benefit Limit.

*<u>Other Rider E</u>ff<u>ects on the Policy</u>* 

After we make the initial Benefit Payment under the Rider:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● You can change your Death Benefit Option, but only to Death Benefit Option A;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● We will not allow any requested increases in benefits under the Policy or any Riders;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Policy Loan availability will continue according to Policy terms; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● We may discontinue any systematic distribution program in effect.

*<u>Premier Living Ben</u>ef<u>its Rider 2 E</u>ff<u>ects on Other Riders</u>* 

Generally, optional rider benefits under the Policy will remain In Force subject to their terms and conditions, unless otherwise stated. We will calculate charges for optional riders in accordance with the terms of each applicable rider. The charges may be affected by the reduction in benefits and policy values. In addition:

o If the Policy has an alternate loan under an alternate loan rider, then any alternate loan values are reduced by the Acceleration Percentage under this Rider. Alternate Policy Debt, Alternate Loan and Alternate Loan Interest Charged are all reduced on each Benefit Payment Date by an amount equal to their respective values prior to the payment of Accelerated Death Benefit proceeds, multiplied by the Acceleration Percentage.

o Face Amounts for any term insurance rider (S-ARTR, LTPR, and SVER) on the Insured will be reduced as the Policy's Total Face Amount is reduced;

o For any no-lapse guarantee rider using no lapse guarantee premiums (No-Lapse Guarantee Rider), the no-lapse premium and any no-lapse credit will be reduced on the date of each Benefit Payment by an amount equal to the applicable no-lapse guarantee premium or no-lapse credit prior to the payment of Benefit Proceeds, multiplied by the Acceleration Percentage;

o For any no-lapse guarantee rider that is based on a no-lapse guarantee value (Flexible Duration No-Lapse Guarantee Rider), the no-lapse guarantee value will be reduced on each Benefit Payment Date by an amount equal to the no-lapse guarantee value prior to payment of Benefit Proceeds, multiplied by the Acceleration Percentage;

o For policies with overloan protection riders (Overloan Protection 3 Rider), the overloan protection riders will terminate at the time the first Benefit Proceeds are paid;

o The Indexed Termination Credit Accrued provided by the Minimum Indexed Benefit Rider will be reduced on each Benefit Payment Date by an amount equal to the Indexed Termination Credit Accrued prior to the Benefit Payment multiplied by the Acceleration Percentage.

Accelerated Death Benefits may affect your eligibility for, or amount of, other benefits provided by federal, state or local government. Payments of Accelerated Death Benefits provided by the Rider are intended to qualify as Death Benefits under section 101(g) of the Tax Code. You should consult with your personal tax advisor before requesting any accelerated Death Benefit payments.

**Payment of an Accelerated Death Benefit under this rider will reduce the Policy's Death Benefit and other values under the Policy. In most circumstances, the cost of insurance charges will also be reduced. In addition, premium limitations and Death Benefits required in order for the Policy to qualify as a life insurance policy or avoid being classified as a Modified** 

------

**Endowment Contract under the Tax Code will also be affected. See the VARIABLE LIFE INSURANCE AND YOUR TAXES - Modified Endowment Contracts and HOW PREMIUMS WORK - Limits on the Premium Payments You Can Make** sections in this prospectus for more information on the relation of the Policy's Death Benefit to premium payments and Modified Endowment Contract status.

*<u>Rider Termination</u>* 

The Rider is effective on the Policy Date unless otherwise stated. It will terminate on the earlier of:

o Your Written Request;

o Acceleration of any part of the Policy's Death Benefit because of the Insured's terminal illness while the Insured is still living;

o The date Rider benefits equal to the total Death Benefit have been accelerated;

o Exercise of an overloan protection rider (Overloan Protection 3 Rider);

o When the Rider or the Policy terminate; or

o When you notify us of the Insured's death.

If your Policy lapses and is reinstated, you may reinstate the Rider.

#### Premier Chronic Illness Rider
(This Rider is called "Accelerated Death Benefit Rider for Chronic Conditions" in your Policy)

*If you purchase this Rider, you cannot elect the Premier Living Benefits Rider 2.* This Rider is not available for a Policy issued with the Premier Living Benefits Rider 2 or the Premier LTC Rider.

The Premier Chronic Illness Rider is a chronic illness rider that provides protection from the financial impacts of becoming chronically ill by providing acceleration of a portion of the Death Benefit. **You can only elect the Premier Chronic Illness Rider at Policy issue.** This Rider is available for purchase if the Insured is age 75 or younger and is not a juvenile (Insured's age at Policy issue is at least 18). **We assess a monthly charge for the Rider.** 

**If you choose to exercise the Rider, at the time we pay any Benefit Payment, we will reduce certain Policy values. The Face Amount, Accumulated Value, Policy loans, Policy Debt, Loan Account, loan interest charged, Loan Account Value, and any Surrender Charge for each Coverage Layer will be reduced by the Acceleration Percentage as calculated under this Rider. The Death Benefit will indirectly be adjusted as well as certain Policy values above are reduced. See the Rider Effects on Your Policy Values subsection below for additional information.**

*Rider Charge* 

We assess the Rider charge on each Monthly Payment Date and deduct it from the Policy's Accumulated Value. Currently, the charge range is $0.01 - $1.24 per $1,000 of Rider Net Amount at Risk. The maximum monthly charge for this Rider is equal to (a × b), where:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Is the Maximum Monthly Rider Charge Rate as shown in the Policy Specifications adjusted for one dollar of Rider Net Amount at Risk; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Is the Rider Net Amount at Risk.

See the *Lapse Protection* subsection below for information on when the Rider charge is not assessed.

**Rider Net Amount at Risk (NAR).** The Rider NAR is calculated on each Monthly Payment Date as (c x d) ÷ e, where:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) Is the Remaining Lifetime Benefit Amount,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) Is the Net Amount at Risk of the Policy, and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) Is the Death Benefit of the Policy.

**<u>Example:</u>** 

Assumptions:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Policy Death Benefit is $1,000,000

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Remaining Lifetime Benefit Amount is $750,000

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Policy Net Amount at Risk (NAR) is $948,351

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Maximum Monthly Rider Charge rate per $1000 of Rider NAR is 0.8234

Then:

Rider NAR = [$750,000 x $948,351] ÷ $1,000,000 = $711,263.25

And:

Rider Charge = [0.8234 ÷ 1000] x $711,263.25 = $585.65

*Rider Terms* 

**Accelerated Death Benefit –** a portion of the Death benefit that is paid if we receive a Written Certification that the Insured is chronically ill and all of the eligibility conditions under this Rider have been met. See the *Eligibility Conditions* subsection below.

**Acceleration Percentage –** an amount used to calculate Policy and Rider values after each benefit payment and after the corresponding reduction to the Policy's Total Face Amount. It is calculated as (a) divided by (b), where:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Is the Benefit Payment prior to any reductions or discounts, and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Is the Death Benefit of the Policy prior to the Benefit Payment.

**Activities of Daily Living** – generally include the following self-care functions:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Bathing oneself

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Continence

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Dressing oneself

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Feeding oneself

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Getting oneself to and from the toilet

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Transferring oneself into or out of a bed, chair or wheelchair.

The Rider attached to your Policy contains more detailed information about these self-care functions.

**Benefit Payment** – is the Maximum Monthly Benefit Payment. If the Maximum Annual Lump Sun Benefit Payment is elected, Benefit Payment is 12 times the Maximum Monthly Benefit Payment. The final Benefit Payment will be adjusted to ensure the total of all Benefit Payments do not exceed the Lifetime Benefit Amount.

**Benefit Proceeds** – is the Benefit Payment received by the Owner if all eligibility conditions have been satisfied, subject to the following reductions:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● If there is an outstanding loan balance under the Policy, a portion of each Benefit Payment is used to reduce the Policy Debt. The amount of this reduction is the Policy Debt prior to the Benefit Payment multiplied by the Acceleration Percentage,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● If the Policy is in a Grace Period, an amount needed to bring the Policy out of the Grace Period, and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● If the Maximum Annual Lump Sum Benefit Payment is elected, an amount to reflect the discounted sum of the Maximum Monthly Benefit Payments.

**Benefit Year** – a period of 12 months that begins on the Monthly Payment date on or following the date all eligibility conditions are satisfied and as long as the eligibility conditions continue to be satisfied and this rider has not terminated (see the *Rider Termination* section below). Subsequent Benefit Years will begin no earlier than the end of the current Benefit Year.

**Chronically Ill** – an Insured who has been certified In Writing by a Licensed Health Care Practitioner as:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Being unable to perform, without substantial assistance from another individual, at least two Activities of Daily Living for an expected period of at least 90 days due to a loss of functional capacity; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Requiring substantial supervision by another person for protection from threats to the Insured's health or safety due to a Severe Cognitive Impairment.

------

**Elimination Period** – the total number of consecutive days, after which the Owner is eligible to receive Benefit Proceeds, if all other eligibility conditions have been met. This period begins upon the first day that the Insured is Chronically Ill and expires at the end of 90 days. Benefit Proceeds are not paid retroactively after this period has been met. A new Elimination Period does not need to be met for a continuing diagnosis of the same chronic illness.

**Immediate Family Member** – includes the spouse, parents, brothers, sisters, and children by blood, adoption, or marriage of the Owner and the Insured, and of the spouse of the Owner and Insured.

**Internal Revenue Service Per Diem Limitation** – is periodically declared by the IRS and is used in the calculation of the Maximum Monthly Benefit Payment.

**Licensed Health Care Practitioner** – a physician, a registered professional nurse, licensed social worker or other individual who meets such requirements as may be prescribed by the Secretary of the Treasury of the United States. A Licensed Health Care Practitioner must reside in the United States and cannot be the Owner, the Insured or an Immediate Family Member.

**Lifetime Benefit Amount** – the maximum amount of Death Benefit that can be accelerated under this Rider during the Insured's lifetime. The initial Lifetime Benefit Amount is shown in the Policy Specifications and may not be the amount used in calculating a Benefit Payment since the Lifetime Benefit Amount is determined at the time the eligibility conditions are met for purposes of the Benefit Payment.

**Lifetime Benefit Percentage** – a factor used to calculate the initial Lifetime Benefit Amount for the Rider and the percentage is shown in the Policy Specifications at time of issue and will not change. This percentage is also used as a factor to calculate the adjusted Lifetime Benefit Amount after a Policy change to reduce the Death Benefit.

**Maximum Monthly Benefit Percentage** – this percentage is elected at Policy issue and can be used to calculate the Maximum Monthly Benefit Payment. This percentage cannot be changed once elected and is shown in the Policy Specifications.

**Maximum Per Diem Limitation Percentage** – this percentage may be used in the Maximum Monthly Benefit Payment and is shown in the Policy Specifications. See *Benefit Payment* – **Maximum Monthly Benefit Payment** below to see how this percentage is used.

**Severe Cognitive Impairment** *–* means a deficiency or deterioration in the Insured's intellectual capacity that is:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Comparable to and includes Alzheimer's disease and similar forms of dementia, and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Measured by clinical evidence and standardized tests that reliably measure impairment in the Insured's short or long-term memory, orientation as to person, place and time, deductive or abstract reasoning, and judgment as it relates to safety awareness.

**Remaining Lifetime Benefit Amount** – the Lifetime Benefit Amount reduced by any Benefit Proceeds.

**Written Certification** – a signed written statement completed by a Licensed Health Care Practitioner certifying that the Insured is Chronically Ill that includes proof of the Insured's chronic illness and must be satisfactory to us. Such certification must be provided before the start of each Benefit Year and will be effective as of the first day of each Benefit Year. We reserve the right to obtain, at any time, an additional opinion of the Insured's condition which can include a physical examination from a Licensed Health Care Practitioner, at our expense. Should this opinion differ from that of the Written Certification provided by the Insured, eligibility for benefits will be determined by a third Licensed Health Care Practitioner who is mutually acceptable to the Owner and us.

*Eligibility Conditions* 

Benefit Proceeds are payable under this Rider when we verify that all of the following conditions are met:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The Owner must provide a Request for Benefits and a benefit Form, or the equivalent as required by us,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● We must receive Written Certification that they Insured is Chronically Ill,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● We must receive authorization from the Insured to obtain copies of any relevant medical records required,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The Owner must provide us with the written consent of any assignee(s) of record named under the Policy, or the irrevocable Beneficiary(ies) named under the Policy, if any, and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The Elimination Period has been satisfied.

Benefit Proceeds may not be available if the law requires the benefit to meet the claims of creditors, whether in bankruptcy, child support or maintenance or otherwise, or a government agency requires the benefit in order to apply for, obtain, or keep a government benefit or entitlement.

Subject to the above, Benefit Proceeds are payable immediately upon the satisfaction of the eligibility conditions listed above. Benefit Proceeds begin on the Monthly Payment Date, on or following the date the eligibility conditions are met. The first payment upon meeting eligibility conditions includes any Benefit Proceeds that are retroactive to the Monthly Payment Date on or following the date all eligibility conditions are met. If any Benefit Proceeds payment is delayed 31 calendar days, we will pay additional interest

------

beginning on the 31<sup>st</sup> calendar day to the date the Benefit Proceeds are paid.

*Request for Benefits* 

A request for benefits under this Rider occurs when the eligibility conditions have been met and a written notice requesting an Accelerated Death Benefit has been submitted. Any request given by or on behalf of the Owner to us with information sufficient to identify the Insured, will be deemed an appropriate request to us. Only one request can be approved during any 12-month period. Request should include the desired dollar amount of the Accelerated Death Benefit and your preferred payment option. If the Insured recovers and a subsequent request is submitted, that request is considered to be a new request. We must approve the request before any Benefit Proceeds will be paid.

Within 15 days of our receipt of a request, a benefit form will be provided to the Owner. If we do not provide the form to the Owner or the Owner's authorized representative within 15 days of your request, it will be considered that you complied with the form requirements. However, you must still submit written proof that the eligibility conditions (see the *Eligibility Conditions* section above) have been met along with the nature and extend of the chronic illness. Any information provided can be used to determine proof of eligibility.

Within 90 days prior to the end of the current Benefit Year, we will send you a request for Written Certification to recertify that the Insured remains Chronically Ill. Payment of Benefit Proceeds will not automatically continue under this Rider unless Written Certification is provided at least once every Benefit Year. In order for payment to continue, we must receive Written Certification 60 days before the end of the current Benefit Year. If the Written Certification is received on time, the next benefit Year will begin following the end of the current Benefit Year.

If Written Certification is not received 60 days before the end of the current Benefit Year, a new Benefit Year will not automatically begin upon the end of the preceding Benefit Year. In such an event, the following conditions will apply:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● If the Written Certification is received from 59 days prior to the end of the Benefit Year to within 90 days after the end of the preceding Benefit Year, the new Benefit Year will begin on the Monthly Payment Date on or following the date we receive the Written Certification. If monthly Benefit Payments still remain under the current Benefit Year, the monthly Benefit Payments for the new Benefit Year will start when the last payment for the current Benefit Year is made.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● If the Written Certification is received beyond 90 days after the end of the preceding Benefit Year, your request will be treated as a new request and the new Benefit Year will begin on the Monthly Payment Date on or following the date all eligible conditions are met, including the new Elimination Period if required.

You must notify us if the Insured is no longer Chronically Ill. You can cancel payment of Benefit Proceeds under the monthly payment option at any time by written notification to us and any remaining Benefit Proceed payments will cease upon our receipt of the notification. Any subsequent request for payments must satisfy the eligibility conditions.

*Lifetime Benefit Amount* 

The Lifetime Benefit Amount is determined at the time the eligibility conditions are met for purposes of the Benefit Payment. Any Policy changes that reduce the Death Benefit also reduce the Remaining Lifetime Benefit Amount proportionately. The Lifetime Benefit Amount is equal to the Remaining Lifetime Benefit Amount plus the sum of all prior Benefit Payments. Any Policy changes that increase the Death Benefit do not impact or change the Remaining Lifetime Benefit Amount.

If payment of Benefit Proceeds is not in effect and a request for benefits has not been submitted, you can request a decrease in the Lifetime Benefit Amount after the first Policy Year. The effective date of such decrease will be the Monthly Payment Date after we approve your request.

Increases to the Lifetime Benefit Amount are not possible, even if there is an increase to the Death Benefit. However, any Policy changes that reduce the Death Benefit also reduce the Remaining Lifetime Benefit Amount proportionately.

After any Policy change, other than an increase to the Death Benefit, the Lifetime Benefit Amount will be adjusted to ensure that the Lifetime Benefit Amount will never exceed the Policy's Face Amount.

**Example:** 

Assume the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Remaining Lifetime Benefit Amount at issue is $750,000

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Total Face Amount is $1,000,000

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Benefit Payment processed is $10,000

Then:

Total Face Amount = $1,000,000 - $10,000 = $990,000

------

Remaining Lifetime Benefit Amount = $750,000 - $10,000 = $740,000

Lifetime Benefit Amount = $750,000 (benefit payment does not reduce the Lifetime Benefit Amount)

*End of Example* 

After any Policy change, the Lifetime Benefit Amount will be adjusted to ensure that:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The Lifetime Benefit Amount will never exceed the Policy's Face Amount, and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The Lifetime Benefit Amount will be at least equal to the greater of:

o The Lifetime Benefit Amount Percentage of the Policy's Face Amount, and

o The Minimum Lifetime Benefit Amount which is the greater of $50,000 or 50% of the Policy's Face Amount.

**Example:** 

Assume the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Remaining Lifetime Benefit Amount is $740,000

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Lifetime Benefit Amount is $750,000

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Total Face Amount is $1,000,000

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Accumulated Value is $50,000

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Death Benefit is $1,050,000

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Withdrawal processed for $25,000

Then:

Remaining Lifetime Benefit Amount after Withdrawal = Remaining Lifetime Benefit Amount before Withdrawal x (1 – Withdrawal ÷ Death Benefit) = $722,380.95

This is a reduction of $17,619.05 = ($740,000 – $722,380.95). The same dollar amount reduces the Lifetime Benefit Amount.

Lifetime Benefit Amount = $732,380.95

**Example:** 

Assume the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Remaining Lifetime Benefit Amount is $740,000

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Lifetime Benefit Amount is $750,000

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Total Face Amount is $1,000,000

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Accumulated Value is $50,000

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Death Benefit is $1,050,000

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Face Reduction to $800,000

Then:

Remaining Lifetime Benefit Amount after Face Reduction = Remaining Lifetime Benefit Amount before Face Reduction x (1 – Face Reduction ÷ Death Benefit) = $599,047.62.

This is a reduction of $140,952.38 = ($740,000 – $599,047.62). The same dollar amount reduces the Lifetime Benefit Amount.

Lifetime Benefit Amount = $609,047.62.

*End of Example* 

------

If no Benefit Payments have been paid, the Remaining Lifetime Benefit Amount is equal to the Lifetime Benefit Amount. Subsequent Benefit Payments paid under this Rider reduce the Remaining Lifetime Benefit Amount as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● If the Maximum Monthly Benefit Payment option is selected, the Remaining Lifetime Benefit is reduced by the Maximum Monthly Benefit Payment.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● If the Maximum Annual Lump Sum Benefit Payment option is selected, the Remaining Lifetime Benefit Amount is reduced by 12 times the Maximum Monthly Benefit Payment.

*Benefit Payment* 

You can elect to receive Benefit Payments monthly (12 payments over a Benefit Year) or elect to receive one annual payment. If no election is made, the default will be monthly Benefit Payments.

**Maximum Monthly Benefit Payment.** Under a monthly benefit option, you can elect receipt of Benefit Proceeds in 12 monthly payments over a Benefit Year, or until you cancel your request. The Maximum Monthly Benefit Payment is the minimum of these three amounts:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The Lifetime Benefit Amount multiplied by the Maximum Monthly Benefit Percentage,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The IRS Per Diem Limitation multiplied by the day in the month factor as shown in the Policy Specifications, multiplied by the Maximum Per Diem Limitation Percentage shown in the Policy Specification, or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The amount requested by you.

The Maximum Monthly Benefit Payment will not be less than the Minimum Monthly Benefit Payment shown in the Policy Specifications and will not be more than the Remaining Lifetime Benefit Amount.

**Maximum Annual Lump Sum Benefit Payment.** Under a lump sum benefit option, you can elect receipt of Benefit Proceeds in one annual payment in a Benefit Year. The Maximum Annual Lump Sum Benefit Payment is a discounted sum of the Maximum Monthly Benefit Payments in a Benefit Year. The Maximum Annual Lump Sum Benefit Payment will not exceed the Remaining Lifetime Benefit Amount. If the Maximum Annual Lump Sum Benefit Payment is elected, the Benefit Proceeds will be at least as great as the Acceleration Percentage times the Policy's Net Cash Surrender Value.

**Discount Rate.** The discount rate is used to determine the Maximum Annual Lump Sum Benefit Payment and will not exceed the greater of these two amounts:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The current yield on 90-day Treasury bills, or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The current maximum statutory adjustable policy loan interest rate based on Moody's Corporate Bond Yield Average – Monthly Average Corporates published by Moody's Investors Service, Inc., for the calendar month ending two months before the request for an accelerated payment.

In the event that either of the above amounts are discontinued, an appropriate substitute index will be used subject to approval of any state regulatory agencies.

**Example:** 

Assume the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Total Face Amount is $500,000

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Remaining Lifetime Benefit Amount is $500,000

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Maximum Monthly Benefit is 4%

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● IRS Per Diem Limitation is $390

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Month Factor is 30

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Maximum Per Diem Limitation Percentage is 125%

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Discount Rate is 8.00%

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Policy Debt = $0

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Policy is not in Grace Period

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Lump Sum Annual Benefit Payment is selected

------

And:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Lifetime Benefit Amount x Maximum Monthly Benefit Percentage = $20,000

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● IRS Per Diem Limitation x 30 x 125%=$14,625

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Requested Amount = $10,000

Then:

Maximum Monthly Benefit is $10,000 (minimum of the above three amounts)

Maximum Lump Sum Annual Benefit Payment (Discounted value at 8.00%) is $115,870 (calculated from each monthly benefit) Benefit Payment is $120,000 (12 x Maximum Monthly Benefit)

Benefit Proceeds is $115,870 (Benefit Payment adjusted for Discounting, Debt, and Grace) Remaining Lifetime Benefit Amount = Lifetime Benefit Amount – Benefit Payment = $380,000

*End of Example* 

**Who Benefit Proceeds Are Paid To.** Unless otherwise assigned or designated by the Owner, all Benefit Proceeds will be payable to the Owner or the Owner's estate while the Insured is still living, subject to any required acknowledgement from any assignee(s) of record named under the Policy, or the irrevocable Beneficiary(ies) named under the Policy, if applicable. Upon the death of the Owner, we will pay any Benefit Proceeds requested prior to the Owner's death, to his or her estate. Any payment of Benefit Proceeds that is made in good faith by us is deemed irrevocable.

**Death of the Insured.** If written notice of the Insured's death is received by us prior to a payment of Benefit Proceeds, then such proceeds will not be paid. However, any Benefit Proceeds paid by us after the date of death but prior to our receipt of written notice of the Insured's death, will reduce the Death Benefit Proceeds payable under the Policy.

**Example where the Policy is not in the Grace Period:** 

Assumptions:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Remaining Lifetime Benefit Amount is $750,000

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Benefit Payment is $20,000

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Policy Debt before the Benefit Payment is $5,000

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Policy Death Benefit before the Benefit Payment is $1,000,000

Acceleration Percentage = $20,000 ÷ $1,000,000 = 2% Benefit Proceeds = $20,000 – ($5,000 x 2%) = $19,900

**Example where the Policy is in the Grace Period:** 

Assumptions:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Remaining Lifetime Benefit Amount is $750,000

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Benefit Payment is $20,000

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Policy Accumulated Value is $15,000

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Policy Debt before the Benefit Payment is $15,200

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Unpaid Grace Amount is $1,200

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Policy Death Benefit before the Benefit Payment is $1,000,000 Acceleration Percentage = $20,000 ÷ $1,000,000 = 2%

Benefit Proceeds = $20,000 – (2% x $15,200) – $1,200 = $18,496

*End of Example* 

*Rider Effects on Your Policy Values* 

When we pay a Benefit Payment, we will reduce the following Policy values (if applicable) by their current value multiplied by the Acceleration Percentage:

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The Policy's Total Face Amount,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The Accumulated Value,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Any Alternate Accumulated Value of the Policy or any rider;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Any Policy loans, Policy Debt, Loan interest charged, Loan Account, and the Loan Account Value,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Any alternate loan values (including Alternate Policy Debt),

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Any Termination Charge applicable for each LTPR Coverage Layer, and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Any Surrender Charge for each Coverage Layer.

**For example, if the Acceleration Percentage is 2%, each of the above values is reduced by 2% as shown below:** 

---

| | | | |
|:---|:---|:---|:---|
| **Policy Value**  | **Before Benefit Payment**  | **Reduction (2% x Value)**  | **After Benefit Payment**  |
| Basic Face Amount  | $1000000  | $20000  | $980000  |
| Accumulated Value  | $15000  | $300  | $14700  |
| Policy Debt  | $15200  | $304  | $14896  |
| Surrender Charge  | $1000  | $20  | $980  |

---

*End of Example* 

*Other Rider Effects on Your Policy* 

After we make a Benefit Payment under the Rider:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● We will not allow any increase or decrease to the Total Face Amount during a Benefit Year,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Policy loans may not be requested during a Benefit Year However, when a Benefit Year ends, Policy loans may be requested,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Death Benefit Option changes are allowed during a Benefit Year, but only from Death Benefit Option B into Death Benefit Option A while this Rider is In Force,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Policy withdrawals may not be requested during a Benefit Year,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Any Systematic Distribution Program in effect will be discontinued,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● During a Benefit Year, transfers from the Fixed Options to the Variable Investment Options are not permitted,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● If your Policy has the No-Lapse Guarantee Rider, the no-lapse guarantee premium is reduced on the date of each Benefit Payment by an amount equal to the no-lapse guarantee premium prior to the Benefit Payment, multiplied by the Acceleration Percentage. The no-lapse credit is reduced on the date of each Benefit Payment by an amount equal to the No-Lapse Credit prior to the Benefit Payment multiplied by the Acceleration Percentage, and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● For any no-lapse guarantee rider that is based on a no-lapse guarantee value (Flexible Duration No-Lapse Guarantee Rider), the no-lapse guarantee value will be reduced on each Benefit Payment Date by an amount equal to the no-lapse guarantee value prior to payment of Benefit Proceeds, multiplied by the Acceleration Percentage;

Accelerated Death Benefits may affect your eligibility for, or amount of, other benefits provided by federal, state or local government. Payments of Accelerated Death Benefits provided by the Rider are intended to qualify as Death Benefits under section 101(g) of the Tax Code. The federal, state, or local tax consequences resulting from payment of Accelerated Death Benefit proceeds will depend on your specific facts and circumstances. You should consult with your personal tax advisor before requesting any Accelerated Death Benefit payments.

**Payment of an Accelerated Death Benefit under this Rider will reduce the Policy's Death Benefit and other values under the Policy. In most circumstances, the cost of insurance charges will also be reduced. In addition, premium limitations and Death Benefits required in order for the Policy to qualify as a life insurance policy or avoid being classified as a Modified Endowment Contract under the Tax Code will also be affected. See the VARIABLE LIFE INSURANCE AND YOUR TAXES - Modified Endowment Contracts** and **HOW PREMIUMS WORK - Limits on the Premium Payments You Can Make** sections in this prospectus for more information on the relation of the Policy's Death Benefit to premium payments and Modified Endowment Contract status.

*Premier Chronic Illness Rider Effects on Other Riders* 

------

Generally, optional rider benefits under the Policy will continue to remain In Force subject to the terms and conditions of the Policy and riders, unless otherwise stated. We will calculate charges for optional riders in accordance with the terms of each applicable Rider. The charges may be affected by the reduction in benefits and Policy values. In addition:

o For policies with overloan protection riders (Overloan Protection 3 Rider), the overloan protection riders will terminate at the time the first Benefit Proceeds are paid; and

o The Indexed Termination Credit Accrued provided by the Minimum Indexed Benefit Rider will be reduced on each Benefit Payment Date by an amount equal to the Indexed Termination Credit Accrued prior to the Benefit Payment multiplied by the Acceleration Percentage.

*Lapse Protection* 

During any Benefit Year, the Policy and any rider will not lapse. Currently, this benefit is administered such that the Monthly Deduction under the Policy, and any Rider will not be assessed during a Benefit Year. Policy loans will continue to be processed according to Policy terms and can result in a negative Net Cash Surrender Value.

When Benefit Payments are no longer being made for a Benefit Year, additional premium or a loan repayment may be required to keep the Policy In Force when Monthly Deductions resume.

*Rider Termination* 

This Rider will terminate upon the occurrence of any of the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Your Written Request,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The acceleration of any part of the Death Benefit of the Policy for reason of terminal illness while the Insured is still living,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The date the Remaining Lifetime Benefit Amount is zero,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Exercise of an overloan protection rider (Overloan Protection 3 Rider);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The date the Policy terminates, or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The date we receive, at our office, written notice of the death of the Insured.

*Rider Reinstatement* 

If the Policy is reinstated, this Rider may also be reinstated according to the reinstatement provision of the Policy.

#### Terminal Illness Rider
(This Rider is called "Accelerated Death Benefit Rider for Terminal Illness" in your Policy.)

*Not available for Policies issued with the Premier Living Benefits Rider 2. If you purchased the Premier LTC Rider or the Premier Chronic Illness Rider, this Rider is included in the Policy. If you were not eligible for the Premier Living Benefits Rider 2, the Premier LTC Rider, or the Premier Chronic Illness Rider, this Rider is included in the Policy.* 

The Terminal Illness Rider provides protection from the financial impacts of having a medical condition that is reasonably expected to result in a life expectancy of 12 months or less by providing acceleration of a portion of the Death Benefit. For more information, please see the **APPENDIX: STATE LAW VARIATIONS** section in this prospectus. **This Rider must be elected at Policy Issue.** 

**There is no additional cost for the rider. However, if you choose to exercise the Rider, at the time we pay the Rider Benefit, we will reduce your Policy's Death Benefit by an amount greater than the Benefit payment itself, as described in the Rider. Other Policy values, including but not limited to, Surrender Charge, Accumulated Value and Total Face Amount will be reduced pro rata.**

**You may opt out of the Rider at any time after the Policy is issued. There is no charge for opting out of the Rider.** 

*Rider Terms* 

**Eligible Coverage** – the portion of the Policy Face Amount that will qualify for determining the Terminal Illness Benefit under the Terminal Illness Benefit Rider. Your Policy's Eligible Coverage is listed in the Policy Specifications under the Terminal Illness Rider. It does not include any insurance on the life of anyone other than the Insured and any other rider on the Insured.

**Licensed Physician** – a physician licensed and residing in the United States. The Licensed Physician cannot be you or an immediate family member.

------

**Terminally Ill Individual** – an Insured who has been certified in writing as having a medical condition that is reasonably expected to result in a life expectancy of 12 months or less.

*Eligibility Conditions* 

To receive the Rider Benefits, you must satisfy the following conditions:

o You must submit a Written Request while the Policy is In Force; we will provide you with a claim form within 15 days of your Written Request. Your completed claim form must contain proof that the Insured is a Terminally Ill Individual;

o Any assignee or any irrevocable Beneficiary under the Policy must provide written consent;

o The Terminally Ill Individual's illness must not be the result of attempted suicide or intentionally self-inflicted injury;

o If your Policy is a last survivor policy, it will only be eligible for a Terminal Illness Benefit after the death of the first Insured and only if the survivor is a Terminally Ill Individual.

The Terminal Illness Benefit will be payable when we receive written certification from a Licensed Physician that the Insured is a Terminally Ill Individual and meets the conditions described in the Rider. We reserve the right to obtain an additional opinion of the Insured's conditions at our expense. If this opinion differs from that of the Insured's Licensed Physician, eligibility for Benefits will be determined by a third Licensed Physician who is mutually acceptable to you and to us.

The Terminal Illness Benefit will not be payable if the law requires the Benefit to meet creditor claims or a government agency requires the Benefit for application or maintenance of a government benefit or entitlement.

*The Rider at Exercise* 

You may submit your Written Request for benefits under the Rider, including the amount of Terminal Illness Benefit requested, when the Insured qualifies as a Terminally Ill Individual and meets the eligibility conditions.

When we make the benefit payment we will:

o Limit the benefit to the lesser of 75% of the Eligible Coverage or $250,000;

o Calculate the Terminal Illness Benefit Proceeds, as described below; and

o Reduce Policy and Rider values.

*Calculating the Benefit Under the Rider* 

The Terminal Illness Benefit Proceeds is the amount payable under the Rider. It is a one-time payment equal to the Terminal Illness Benefit multiplied by (a) and reduced by (b) and (c) where:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) The Terminal Illness Reduction Factor;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Total Policy Debt multiplied by the Acceleration Percentage; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) A processing charge, guaranteed not to exceed $100.

If the Insured dies within 30 days of payment of the Terminal Illness Benefit Proceeds, we will refund the amounts defined in (a) and

(c) above.

The Terminal Illness Reduction Factor is equal to (a) ÷ (b) where:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Equals 1; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Equals 1 plus the Accelerated Death Benefit Interest Rate.

The Accelerated Death Benefit Interest Rate will not exceed the greater of:

o The current yield on the 90-day Treasury Bill; or

o The maximum fixed annual rate of 8% in arrears or a variable rate determined in accordance with the National Association of Insurance Commissioners Policy Loan Interest Rate Model.

*Example* 

Assumptions:

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Eligible Coverage is $100,000

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Terminal Illness Benefit is $75,000

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Accelerated Death Benefit Interest Rate is 8%

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Policy Debt is $10,000

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Processing Charge is $100

The Acceleration Percentage is 75% = $75,000 ÷ $100,000

The Terminal Illness Reduction Factor is 0.92592593 = 1 ÷ (1 + 0.08)

The Terminal Illness Benefit Proceeds is $61,844.44 = ($75,000 x 0.92592593) - ($10,000 x 0.75) - $100

*End of Example* 

We pay the Terminal Illness Benefit as a lump sum. It is guaranteed never to be less than $500 or 25% of your Policy's Face Amount. We will pay the Terminal Illness Proceeds once per Policy.

If you send us Written Notice that the Insured has died before we have paid the Terminal Illness Benefit, we will not make the payment. However, if we pay the Terminal Illness Benefit before we receive Written Notice of the Insured's death, the payment will be effective, and we will reduce the Death Benefit Proceeds payable under the Policy.

We pay the Benefits to you (or your designee) or to your estate while the Insured is still living, unless the Policy has been otherwise assigned.

When you exercise the Rider, we will send you a statement demonstrating the effect of exercising the Rider on the Policy's Accumulated Value, Death Benefit, Premium, Cost of Insurance Charges and Policy Loans.

At the time of each Benefit payment, we will:

o Calculate the amount payable upon request under this Rider (the "Terminal Illness Benefit Proceeds");

o Reduce the Policy and Rider values as described in the Rider; and

o Send you an endorsement to the Policy, which will include a statement of the effect of the Benefit payment on the Policy's Accumulated Value, Death Benefit, Premium, cost of insurance Charges and Policy Loans.

If you request another transaction on the same day as a Terminal Illness Benefit is paid, we will process the Terminal Illness Benefit Proceeds after we have processed the other requested transactions.

*Your Policy After Exercising the Rider* 

When you exercise the Rider and we make a Benefit payment, Policy values will be reduced by an amount equal to the value below multiplied by the Acceleration Percentage:

o The Total Face Amount;

o The Accumulated Value;

o The Surrender Charge for each Coverage Layer;

o Any Termination Charge applicable for each LTPR Coverage Layer,

o Any Policy Debt;

o Any Alternate Accumulated Value;

o For Policies with Death Benefit Option C, the sum of the premiums less withdrawals; and

o For Policies with Death Benefit Option C, the Option C Death Benefit Limit. The Acceleration Percentage equals (a ÷ b) where:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) The Terminal Illness Benefit; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) The Eligible Coverage on the date of each Benefit payment.

------

Your Policy's Total Face Amount will be reduced by an amount equal to the Acceleration Percentage multiplied by the Total Face Amount prior to the benefit payment. The Face Amount of each Coverage Layer of the Policy or any term insurance Rider on the Insured will be reduced according to the terms of the Policy and Rider.

The Policy's Death Benefit and Accumulated Value will continue to be calculated in accordance with the terms of the Policy.

The Policy's Investment Options values are reduced on the date of each benefit payment by an amount equal to the Acceleration Percentage multiplied by the Investment Option values prior to the benefit payment. The reduction to the values in each of the Investment Options will be treated as an Account Deduction.

We will reduce your Standard Policy Debt, Standard Loan Account and Standard Loan Account Value on the date of a Benefit payment by an amount equal to their respective values prior to the Benefit payment multiplied by the Acceleration Percentage. If your Policy has an alternate loan under an alternate loan rider, alternate loan values are reduced by benefit payments under this Rider. Alternate Policy Debt, Alternate Loan and Alternate Loan Interest Charged are all reduced on the date of the benefit payment by an amount equal to their respective values prior to the benefit payment multiplied by the Acceleration Percentage.

Your Policy's Cost of Insurance charges will be calculated according to the terms of the Policy, but will be based on the reduced Policy values following the Benefit payment.

Your Policy's Cash Surrender Value and Net Cash Surrender Value following the Benefit payment will be calculated according to the terms of the Policy.

*The Riders After Exercising the Terminal Illness Rider* 

Generally, optional rider benefits under the Policy will remain In Force subject to their terms and conditions, unless otherwise stated. We will calculate charges for optional riders in accordance with the terms of each applicable rider. The charges may be affected by the reduction in benefits and policy values. In addition:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Face Amounts for any insurance rider on the Insured will be reduced as the Policy's Total Face Amount is reduced;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● For any no-lapse guarantee rider using no lapse guarantee premiums (No-Lapse Guarantee Rider), the no-lapse premium and the no-lapse credit will each be reduced on the date of each Benefit payment;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● For any no-lapse guarantee rider that is based on a no-lapse guarantee value (Flexible Duration No-Lapse Guarantee Rider), the no-lapse guarantee value will be reduced on each Benefit Payment Date by an amount equal to the no-lapse guarantee value prior to payment of Benefit Proceeds, multiplied by the Acceleration Percentage;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● For policies with overloan protection riders (Overloan Protection 3 Rider), the rider will terminate at the time the first Terminal Illness Benefit proceeds are paid;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The Indexed Termination Credit Accrued provided by the Minimum Indexed Benefit Rider will be reduced on each Benefit payment Date by an amount equal to the Indexed Termination Credit Accrued prior to the Benefit Payment multiplied by the Acceleration Percentage.

Terminal Illness Benefit Accelerated Death Benefits may affect your eligibility for, or amount of, other benefits provided by federal, state or local government. Payments of Accelerated Death Benefits provided by the Rider are intended to qualify as Death Benefits under section 101(g) of the Tax Code.

You should consult with your personal tax advisor before requesting any accelerated Death Benefit payments.

The Rider is effective on the Policy Date unless otherwise stated. It will terminate on the earlier of:

o Your Written Request;

o The date the Benefit under the Rider are paid;

o Exercise of an overloan protection rider;

o When the Rider or the Policy terminate; or

o When you notify us of Insured's death.

If your Policy lapses and is reinstated, you may reinstate the Rider.

**Payment of an Accelerated Death Benefit under this rider will reduce the Policy's Death Benefit and other values under the Policy. In most circumstances, the cost of insurance charges will also be reduced. In addition, premium limitations and Death Benefits required in order for the Policy to qualify as a life insurance policy or avoid being classified as a Modified Endowment Contract under the Tax Code will also be affected.** See the **VARIABLE LIFE INSURANCE AND** 

------

**YOUR TAXES - Modified Endowment Contracts** and the **HOW PREMIUMS WORK - Limits on the Premium Payments You Can Make** sections in this prospectus for more information on the relation of the Policy's Death Benefit to premium payments and Modified Endowment Contract status.

**Conversion Rider** Allows you to convert certain Eligible Coverages into a new Policy at any time during the conversion Policy year, as shown in the Policy Specifications.

**This Rider is automatically added to the Policy. Some life insurance producers may have a financial incentive to offer you a new policy in place of the one you already own. You should only convert your policy if you determine, after comparing features, fees (including surrender charges and premium loads), and risks of both policies, that it is preferable for you to purchase a new policy rather than own the existing policy. Call (800) 347-7787 if you have any questions about this Rider. There is no additional fee for this Rider.**

*Rider Term:* 

**Eligible Coverage -** is Coverage under the Policy that qualifies for conversion, as shown in the Policy Specifications. S-ARTR Coverage is not eligible for conversion.

*How the Rider Works:* 

You may request to have your new policy issued on any other permanent life insurance policy that we make available for conversions at the time of your conversion request. A minimum Base Face Amount under the Policy, as shown in your Policy Specifications, is required for conversion. We will issue your new policy at the same Risk Class as this Policy. However, if you have increased your Policy's Face Amount, resulting in your Policy having one or more Coverage Layers with Risk Classes that differ from the Risk Class for the Policy's original Face Amount, the new policy will be issued at the Risk Class of the Policy's most recent Coverage Layer.

If you exercise the Rider, we will not impose a Surrender Charge on this Policy and we will not require any evidence of insurability for the conversion. However, if you elect riders on the new policy that you do not currently have, you may have to provide evidence of insurability as needed for those riders. Working with your life insurance producer, please read the new policy prospectus for complete information prior to requesting a conversion.

If you exercise the Rider, we will issue the new policy you selected and Coverage under this Policy will terminate. Surrender Charges are waived on any amount of Accumulated Value less Total Policy Debt transferred from this Policy to purchase the new policy. If the new policy is a variable universal life policy, the value transferred to the new policy will not be subject to any premium load. Premium loads will apply on the new policy for additional premium added at issue or after the initial premium paid from this Policy's Accumulated Value less Total Policy Debt. Any Surrender Charges applicable to the new policy will continue to apply under the terms of the new policy.

The Rider will terminate on the earliest of your Written Request, the death of the Insured, or the date the Policy is no longer In Force.

*Example* This example assumes that, during Policy Year 8, the Owner elects to convert this Policy and purchase another variable universal life policy issued by us. The existing Policy has a Face Amount of $500,000, premium payments subject to a Surrender Charge, an Accumulated Value of $150,000, and a $20,000 loan outstanding (Policy Debt). The new policy has a premium load and offers the same or similar Risk Class as the existing Policy.

When the transfer occurs, the new policy will be issued with a Face Amount of $500,000, and the Accumulated Value less Policy Debt ($130,000; ($150,000 less $20,000)) will be transferred to the new policy. We will waive the Surrender Charge that would be incurred on the amount transferred from the old policy. The new policy will not assess a premium load on the amount transferred ($130,000) from the old policy and the new policy will also be issued without the owner providing evidence of insurability. Once the new policy is issued, the old policy will terminate and no longer provide any insurance coverage.

#### Things to Keep in Mind
*<u>Other Variable L</u>if<u>e Insurance Policies</u>* 

We offer other variable life insurance policies which provide insurance protection on the life of the Insured. We also offer riders that provide additional insurance protection on the Insured. Many life insurance policies and riders have some flexibility in structuring the amount of insurance protection, the amount that is payable upon death, and premium payments in targeting cash values based on your particular needs.

*<u>This Policy</u>* 

Providing Coverage on the Insured using Rider Coverage will result in different Policy charges than Coverage under the Policy alone. In general, your Policy Coverage offers the advantage of lower overall guaranteed charges than the added Riders. If you add a Rider or Riders to your Policy, and if we apply maximum guaranteed charges, you may increase your risk of lapse even if all planned

------

premiums are paid. Adding a Rider or Riders may also affect the amount of premium you can pay on your Policy and still have it qualify as life insurance. *Please keep in mind that your financial professional may have a financial incentive to recommend more Basic Life Coverage under the Policy instead of a combination of Basic Life Coverage with Coverage under any of* <br>*the three optional insurance riders available under the Policy (the LTPR, SVER, or S-ARTR). See the section* ***ABOUT PACIFIC LIFE – Distribution Arrangements*** *for more information.* 

Accelerated death benefit payments received for a chronic illness may be taxable in certain situations, such as when benefit payments are made from multiple policies or when benefit amounts exceed certain IRS limitations (referred to as "per diem" limitations). Pacific Life cannot determine the taxability of benefit payments. Tax treatment of long-term care benefits is complex, and will depend on the amount of benefits taken, the amount of qualified expenses incurred and possibly other factors. Receipt of accelerated death benefits may affect eligibility for public assistance programs such as Medicaid. Consult your qualified and independent legal and tax advisors about the tax implications of these benefits.

Combining a Policy with the LTPR or S-ARTR Rider (if available), may lower costs and may improve Accumulated Value accrual for the same amount of Death Benefit. However, your Policy has guaranteed maximum charges. Adding the LTPR will result in guaranteed maximum charges that are higher than for a single Policy with the same Face Amount.

Combining a Policy with the SVER may improve Accumulated Value accrual in the early years of your Policy, but could result in either higher or lower charges than under a single Policy and result in worse long-term performance due to the lack of Additional Credits under SVER coverage. The timing of certain charges for Policies held for certain periods may also be affected.

We also offer the ability to have increases in Coverage, either by requesting an increase in Face Amount or by using scheduled increases in Policy and/or Rider Coverages. Scheduled increases will avoid the need for further medical underwriting. A requested increase in Coverage can provide for a larger increase, but would be subject to full underwriting and could result in a different Risk Class than that originally underwritten. Policy charges will vary based on the amount and timing of increases, and on whether the increase was scheduled or requested.

Ultimately, individual needs and objectives vary, and they may change through time. It is important that you consider your goals and options carefully. You should discuss your insurance needs and financial objectives with your life insurance producer before purchasing any life insurance product or purchasing additional insurance benefits. You should also consider a periodic review of your Coverage with your life insurance producer.

#### HOW PREMIUMS WORK
Your Policy gives you the flexibility to choose the amount and frequency of your premium payments within certain limits. Each premium payment must be at least $50 unless a lower premium payment is required to keep the Policy In Force.

The amount, frequency, and period of time over which you make premium payments may affect whether your Policy will be classified as a Modified Endowment Contract, or no longer qualifies as life insurance for tax purposes. See the **VARIABLE LIFE INSURANCE AND YOUR TAXES** section in this prospectus for more information.

We deduct a premium load from each premium payment, and then allocate your Net Premium to the Investment Options you have chosen. However, if you have chosen the Indexed Fixed Options, your Net Premium will first be allocated to the Fixed Account and transferred from the Fixed Account to the Indexed Fixed Options on the Segment Start Date. The Accumulated Value transferred from the Fixed Account to the Indexed Fixed Options may be less than the Net Premium or the Accumulated Value you transferred to the Fixed Account because there may have been deductions from the Fixed Account, such as those due to Monthly Deductions, withdrawals or Policy loans.

There is other information you should know about allocating all or part of a Net Premium to the Indexed Fixed Options. You can only allocate a Net Premium to the Indexed Fixed Options if your Policy is not in a Lockout Period. In addition, you must notify us of your allocation to the Indexed Fixed Options by the Cutoff Date (two Business Days before a Segment Start Date) of a particular Segment Start Date in order for Accumulated Value to be transferred from the Fixed Account to the Indexed Fixed Options on that Segment Start Date. See the **YOUR INVESTMENT OPTIONS – Indexed Fixed Options** section in this prospectus. Otherwise, your Accumulated Value will not be transferred to the Indexed Fixed Options on the Segment Start Date.

We do not count the allocation from the Fixed Account to the Indexed Fixed Options towards the number of transfers you may make in a Policy Year. In addition, we do not count such transfer towards the number of transfers you may make in a Policy Year without a transfer fee.

**Your Initial Premium** 

We apply your first premium payment to the Policy on the later of the day we receive it or the day we receive all contractual and administrative requirements necessary for your Policy to be In Force. See the **HOW PREMIUMS WORK – Allocating Your Premiums** section in this prospectus for more information on when your first Net Premium is allocated to the Investment Options.

------

If you have outstanding contractual and administrative requirements, your financial professional will notify you of a *delivery date* when any outstanding requirements are due to us, not to exceed 45 days from the date we issue your Policy. If we do not receive your first premium payment and all contractual and administrative requirements on or before the delivery date, we can cancel the Policy and refund any premium payment you have made. We may extend the delivery date in some cases. There is no required minimum initial premium amount.

**Planned Premium Payments** 

You can schedule the amount and frequency of your premium payments. We refer to scheduled premium payments as your *planned premium*. Here's how it works:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● You indicate whether you want to make premium payments annually, semi-annually, or quarterly. You can also choose monthly payments using our monthly Electronic Funds Transfer Plan, which is described below. If you want to change the scheduled premium payment amount or frequency, contact us In Writing.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● We send you a notice to remind you of your scheduled premium payment (except for monthly Electronic Funds Transfer Plan payments, which are paid automatically). If you own more than one Policy, you can request us to send one notice – called a *list bill* – that reminds you of your payments for all of your Policies. We require at least three participants for a list bill. You can choose to receive the list bill every month.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● If you have any Total Policy Debt, we will treat any payment you make during the life of your Policy as a loan repayment, not as a premium payment, unless you tell us otherwise In Writing. When a payment, or any portion of it, exceeds your Total Policy Debt, we will treat it as a premium payment.

You do not have to make the premium payments you have scheduled. However, not making a premium payment may have an impact on any financial objectives you may have set for your Policy's Accumulated Value and Death Benefit, and could cause your Policy to lapse. Even if you pay all your premiums when they're scheduled, your Policy could lapse if the Accumulated Value, less any Total Policy Debt, is not enough to pay your monthly charges. See the **YOUR POLICY'S ACCUMULATE VALUE** section in this prospectus for more information.

#### Paying Your Premium
Premium payments must be made in a form acceptable to us before we can process it. You may pay your premium:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● By personal check, drawn on a U.S. bank;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● By cashier's check, if it originates in a U.S. bank;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● By money order in a single denomination of more than $10,000 for In Force payments, if it originates in a U.S. bank;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● By third party payments, when there is a clear relationship between the payor (individual, corporation, trust, etc.) and the Insured(s) and/or Owner;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● By temporary check with the ABA routing number and account number pre-printed on the check;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Wire transfers that originate in U.S. banks.

We will not accept premium payments in the following forms:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Cash;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Credit card or check drawn against a credit card account;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Traveler's checks;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Cashier's check or money order drawn on a non-U.S. bank, even if the payment may be effected through a U.S. bank;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Money order in a single denomination of $10,000 or less;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Third party payments, if there is not a clear relationship between the payor (individual, corporation, trust, etc.) and the Insured(s) and/or Owner;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Wire transfers that originate from foreign bank accounts.

------

If your Policy is subject to the Minimum Death Benefit, and you want to pay a premium that increases the Net Amount At Risk, you will need to provide us with satisfactory Evidence of Insurability before we can increase the Death Benefit regardless of which Death Benefit Option you have selected. In this event, your cost of insurance charges will also increase. Cost of insurance charges are based, among other things, upon your Policy's Net Amount At Risk. For more information, see the **YOUR POLICY'S ACCUMULATED VALUE** section in this prospectus on how cost of insurance charges are calculated.

All unacceptable forms of premium payments will be returned to the payor along with a letter of explanation. We reserve the right to reject or accept any form of payment. If you make premium payments or loan repayments by Electronic Funds Transfer or by check other than a cashier's check, your payment of any withdrawal proceeds and any refund during the free look period may be delayed until we receive confirmation in our administrative office that your payment has cleared.

#### Monthly Electronic Funds Transfer Plan
You can make monthly premium payments or loan payments using our Electronic Funds Transfer Plan. Here's how it works:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● You authorize us to withdraw a specified amount from your checking account, savings account or money market account each month.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● If you do not specify a day for us to make the withdrawal, we will withdraw the payment on your Policy's monthly anniversary.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● If you make monthly payments by the Electronic Funds Transfer Plan, we will apply the payments as loan repayment unless you have requested that payments be applied as premium payments. Loan payments made by the Electronic Funds Transfer Plan must be at least $50.

#### Deductions From Your Premiums
There are different premium types for this Policy. The premium type is used to determine the applicable premium load for each premium payment. The three premium load types are basic premium load, internal premium load, and surplus premium load.

We deduct a maximum *basic premium load* of 6.90% from each premium payment you make excluding any internal premiums. Internal premiums are premiums made by a replacement or conversion of an existing policy you have with us. We deduct a maximum *internal premium load* of 6.90% from each internal premium. If the existing policy you have with us is a variable universal life policy and a conversion or split option rider was used or the transfer was made in connection with a transfer or exchange offer by us or Pacific Select Distributors, LLC (our distributor), the value transferred from the old policy will not incur any premium load, including any internal premium load. Premium loads will apply on the new policy for additional premium added at issue or after the initial premium paid.

The surplus premium load is deducted from premiums paid (excluding internal premiums) that are greater than a certain amount (called the Premium Band in your Policy Specifications) as long as the Policy is In Force. The surplus premium load is the surplus premium load rate multiplied by total premiums made in excess of the Premium Band. The maximum surplus premium load rate on a guaranteed basis is 20% of the premiums made in excess of the Premium Band. The Premium Band and the current surplus premium load rate will vary by Policy, however, once the Policy is issued the applicable Premium Band and the current surplus premium load rate will never change. **Work with your life insurance producer prior to purchase to determine what Premium Band and surplus premium load applies to you.** 

Premium loads help pay for the cost of distributing our Policies, and is also used to pay state and local premium taxes, any other taxes that may be imposed, and to compensate us for certain costs or lost investment opportunities resulting from our amortization and delayed recognition of certain policy acquisition expenses for federal income tax purposes. These consequences are referred to as the deferred acquisition cost ("DAC tax").

Like other Policy charges, we may profit from premium loads and may use these profits for any lawful purpose, such as the payment of distribution and administrative expenses. We will amend the prospectus and notify you in advance if we change our current load rate.

------

#### Limits on the Premium Payments You Can Make
We will not accept premium payments after your Policy's Monthly Deduction End Date.

Federal tax law puts limits on the amount of premium payments you can make in relation to your Policy's Death Benefit. These limits apply in the following situations:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● **If you have chosen the Guideline Premium Test as your Death Benefit Qualification Test and accepting the premium means your Policy will no longer qualify as life insurance federal income tax purposes.** <br>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● **If applying the premium in that Policy Year means your Policy will become a Modified Endowment Contract.** You may direct us to accept premium payments or other instructions that will cause your Policy to be treated as a Modified Endowment Contract by signing a Modified Endowment Contract Election Form. You will find a detailed discussion of Modified Endowment Contracts in the **VARIABLE LIFE INSURANCE AND YOUR TAXES** section in this prospectus**.** You should speak to a qualified tax advisor for complete information regarding Modified Endowment Contracts.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● **If applying the premium payment to your Policy will increase the Net Amount At Risk. This will happen if your Policy's Death Benefit is equal to the Minimum Death Benefit or would be equal to it once we applied your premium payment.** You will find more detailed information regarding these situations in the SAI.

**Allocating Your Premiums** 

We generally allocate your Net Premiums to the Investment Options you have chosen on your application on the day we receive them. See the **APPENDIX: FUNDS AVAILABLE UNDER THE POLICY** section in this prospectus for more information about the Funds underlying the Variable Investment Options. If we do not have allocation instructions, we will contact you to obtain updated allocation instructions. If you purchased the Flexible Duration No- Lapse Guarantee Rider, at initial purchase and during the entire time that you own this Rider, you must allocate 100% of the Accumulated Value among the allowable Investment Options. We currently do not impose requirements on the allowable Investment Options under the Rider. We reserved the right to impose such requirements on new Policy issues only. See the **APPENDIX: FUNDS AVAILABLE UNDER THIS POLICY** – Allowable Investment Options section in this prospectus.

Where we allocate your first premium depends on the state and replacement status. For policies that require us to return the premiums you have paid if you exercise your Free Look Right, we will hold your Net Premiums in the Fidelity<sup>®</sup> VIP Government Money Market Variable Account until the end of the applicable state free look period, and then transfer them to the Investment Options you have chosen.

If your Policy requires refunds to be based on Accumulated Value if you exercise your Free Look Right, we allocate Net Premiums to the Investment Options you have chosen on the day we receive them or your Policy Date, if later. If your Policy has outstanding contractual and/or administrative requirements necessary before it can be placed In Force, we will allocate any Net Premiums received to the Fidelity<sup>®</sup> VIP Government Money Market Variable Account until the requirements are satisfied and your Policy is placed In Force.

------

#### YOUR POLICY'S ACCUMULATED VALUE
Accumulated Value is the value of your Policy on any Business Day. It is used as the basis for determining Policy benefits and charges.

We use it to calculate how much money is available to you for loans and withdrawals, and how much you will receive if you surrender your Policy. It also affects the amount of the Death Benefit if you choose a Death Benefit Option that's calculated using Accumulated Value.

The Accumulated Value of your Policy is not guaranteed – it depends on the performance of the Investment Options you have chosen, the premium payments you have made, Policy charges and how much you have borrowed or withdrawn from the Policy.

If your Accumulated Value plus any Indexed Termination Credit less any Total Policy Debt is insufficient to pay for Policy charges, your Policy will enter its Grace Period. We will send you a notice telling you the amount of premium to pay to keep your Policy In Force. The 61-day Grace Period starts on the notice date. If you do not pay sufficient premium during the Grace Period to restore your Policy's Accumulated Value, your Policy will lapse. This Policy offers riders that provide no-lapse protection for a certain period if rider conditions are met. See the No-Lapse Guarantee Rider, the Flexible Duration No-Lapse Guarantee Rider, and the Overloan Protection 3 Rider in **the OTHER BENEFITS AVAILABLE UNDER THE POLICY** section in this prospectus. Also see the **YOUR POLICY'S ACCUMULATED VALUE** - Lapsing and Reinstatement section in this prospectus.

#### Calculating Your Policy's Accumulated Value
Your Policy's Accumulated Value is the sum of the following:

&nbsp;&nbsp;&nbsp;&nbsp;• Variable Account Value – the sum of the Accumulated Value in each Variable Account.

&nbsp;&nbsp;&nbsp;&nbsp;• Fixed Account Value – the value allocated to the Fixed Options.

&nbsp;&nbsp;&nbsp;&nbsp;• Indexed Account Value – is the sum of the Segment Values for all Segments in each Indexed Account.

&nbsp;&nbsp;&nbsp;&nbsp;• Standard Loan Account Value – The value of any Standard Loans that you have taken, including interest on the amount of loan.

The Accumulated Value in the Fixed and Variable Options is made up of the following:

&nbsp;&nbsp;&nbsp;&nbsp;• Net Premiums that you allocate

&nbsp;&nbsp;&nbsp;&nbsp;• Any non-guaranteed Additional Credits that we may pay

&nbsp;&nbsp;&nbsp;&nbsp;• Policy Charges that we deduct

&nbsp;&nbsp;&nbsp;&nbsp;• Withdrawals that you request

&nbsp;&nbsp;&nbsp;&nbsp;• Standard Loans that you request and that become part of the Standard Loan Account

&nbsp;&nbsp;&nbsp;&nbsp;• Earnings on the Accounts.

Your Policy's Accumulated Value is the total amount allocated to the Variable Investment Options, the Indexed Fixed Options and the Fixed Options, plus the amount in the Standard Loan Account. Please see the **WITHDRAWALS, SURRENDERS AND LOANS – Taking Out a Loan** section in this prospectus for information about Standard Loans and the Standard Loan Account.

The Variable Account Value is the sum of the value allocated to each of the Variable Accounts. For each Variable Account, we determine the value allocated to the Variable Investment Options on any Business Day by multiplying the number of accumulation units for each Variable Investment Option credited to your Policy on that day, by the Variable Investment Option's unit value at the end of that day. The process we use to calculate unit values for the Variable Investment Options is described in the **YOUR INVESTMENT OPTIONS** section in this prospectus.

The Fixed Account Value is the sum of the value in the Fixed Account. We credit interest to this Account on a daily basis, at a rate not less than the guaranteed minimum of 1.00%. Please see the **YOUR INVESTMENT OPTIONS – Fixed Options** section in this prospectus for further details.

The Indexed Account Value is the sum of the Segment Values for all Segments in the Indexed Fixed Options. Each segment may receive Segment Indexed Interest credits at the Segment Maturity Date. Please see the **YOUR INVESTMENT OPTIONS – Indexed Fixed Options** section in this prospectus for further details.

When you request a Standard Policy Loan, an equivalent amount of money is processed as an Account Deduction and added to the Standard Loan Account. Please see the **WITHDRAWALS, SURRENDERS AND LOANS – Taking Out a Loan** section in this prospectus for information about Standard Loans and the Standard Loan Account.

------

#### Additional Credit
Your Policy may be eligible for an Additional Credit. Here is how it works:

---

| |
|:---|
| We will calculate an additional credit rate (also known as the Additional Credit Factor) for each policy month starting as early as Policy Year 11. The calculated additional credit rate varies by several factors including your Age, Sex, Risk Class, Death Benefit Option and Policy Duration, the Policy's Face Amount, the Face Amount for each Coverage Layer at issue, the type of Coverage, the Policy Accumulated Value and proportion of Basic Face Amount to Total Face Amount at Policy Issue. Because the calculated additional credit rate varies by multiple factors, the range of the Additional Credit will also vary across policies. The calculated additional credit rate may be 0% based on the factors listed above (for example, Age, Sex, Risk Class, Death Benefit Option, Coverage type, etc.). |
| We calculate the Additional Credit amount based upon the Fixed Account Value and Variable Account Value of your Policy as described below. The |
| additional amount, if any, will be credited monthly as an Account Addition. The Fixed Account Additional Credit is credited to the Fixed Account Value and the Variable Account Additional Credit is credited to the Variable Account Value. The Fixed Account Additional Credit is allocated to the Fixed Options on a pro-rata basis, and the Variable Account Additional Credit is allocated to the Variable Options on a pro-rata basis. |
| Your Policy's Additional Credit is not guaranteed and may vary each policy month. In addition, we may discontinue the program at any time. |
| For more information on the additional credit, you may ask your life insurance producer to provide an In Force Illustration. Also, please see the **YOUR INVESTMENT OPTIONS – Indexed Fixed Options** - Indexed Account Additional Credit and Aggregate Adjustment Factor section in this prospectus for further details. |

---

**An example:**<br>Assume: the following hypothetical values:<br>• Policy's Fixed Account Value is $50,000<br>• Policy's Variable Account Value is $75,000<br>• Policy is in month 1 of the 11th policy year<br>• Additional credit rate in year 11, month 1 is 0.10%.<br>The Fixed Account Additional Credit added to the Fixed Account Value on the Policy month is: 0.10% x $50,000 = $50.<br>The Variable Account Additional Credit added to the Variable Account Value on the Policy month is: 0.10% x $75,000 = $75<br>

#### Policy Charges
We take various charges from your Policy's Accumulated Value to compensate us for the cost of the Policy benefits and for maintaining your Policy:

&nbsp;&nbsp;&nbsp;&nbsp;1. Monthly Deductions

&nbsp;&nbsp;&nbsp;&nbsp;2. Transaction Fees

&nbsp;&nbsp;&nbsp;&nbsp;3. Standard Loan Interest Charged against the Standard Loan Account and any Alternate Loan Interest under the Alternate Loan Rider 3 Guaranteed maximum fees are shown in the **FEE TABLES** section in this prospectus. All Policy charges assessed under the policy will reduce the Accumulated Value as an Account Deduction.

We offer different underwriting methods such as guaranteed issue, simplified issue, or regular issue. If guaranteed issue or simplified issue is used, the cost of insurance rates are generally higher than if the Policy were issued through regular underwriting. As a result, a healthy individual who uses guaranteed or simplified issue may pay higher cost of insurance rates than if the healthy individual used regular issue for the Policy. See the MORE ON POLICY CHARGES – Underwriting Methods and Nonstandard Ratings section in the Statement of Additional Information for additional information on underwriting.

#### Monthly Deductions
We deduct a monthly charge from your Policy's Accumulated Value on each Monthly Payment Date until the Monthly Deduction End Date. The order in which the monthly charges are deducted from the Policy's Investment Options is described in the Account Deductions definition in the Special Terms section. If there is not enough Accumulated Value less Total Policy Debt to pay the monthly charge, your Policy could lapse. For more information, see the Lapsing and Reinstatement subsection below.

------

The Monthly Deduction is made up of six charges:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Net Amount at Risk (NAR)-based charges

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Flexible Duration No-Lapse Guarantee Rider charge (if applicable)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Premier Chronic Illness Rider charge (if applicable)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Premier LTC Rider charge (if applicable)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. Cost of Insurance charge

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Administrative charge

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Coverage charge

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. Charges for certain optional Riders and benefits

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. Indexed Fixed Option charge (if applicable)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. Asset charge

Your Policy and any Riders will provide a list of all guaranteed Policy charges as shown in the **FEE TABLES** section in this prospectus. For any given charge, we may charge less than these amounts, but we will never charge more than these guaranteed amounts. Any lesser charge will apply uniformly to all members of the same Class.

We may profit from Policy charges and may use these profits for any lawful purpose such as the payment of distribution and administrative expenses.

There are no Monthly Deductions after the Monthly Deduction End Date.

#### Cost of Insurance Charge
This Cost of Insurance Charge is for providing you with life insurance protection. It is based upon the cost of insurance rates of each Coverage Layer and a Net Amount At Risk. The current charge range is $0.01 - $83.34 per $1,000 of Net Amount At Risk.

The Net Amount At Risk used for calculating cost of insurance charges is determined on the Monthly Payment Date as:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The Death Benefit under the Policy divided by the Net Amount At Risk Factor of 1.0008295

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Less the Accumulated Value

If your policy has multiple Coverage Layers, the Net Amount at Risk is proportional to each Coverage Layer based upon the Face Amount of the Coverage Layer.

There are maximum or guaranteed cost of insurance rates associated with each Coverage Layer. These rates are shown in your Policy Specifications or in any Supplemental Schedule of Coverage that we provide.

The guaranteed rates include the insurance risks associated with insuring one person. They are calculated using 2017 Commissioners Standard Ordinary Mortality Tables. The cost of insurance rates take into consideration the Age and sex of the Insured unless unisex rates are required. Unisex rates are used when a Policy is owned by an employer in connection with employment-related or benefit programs. Cost of insurance rates also vary based on the Risk Class of the Insured and the Policy's at-issue Face Amount.

**How we calculate cost of insurance**<br>We calculate cost of insurance by multiplying the current cost of insurance rate by a Net Amount At Risk at the beginning of each Policy month.<br>The Net Amount At Risk used in the cost of insurance calculation is the difference between a discounted Death Benefit that would be payable if the Insured died and the Accumulated Value of your Policy at the beginning of the Policy month before the monthly charge is due.<br>First, we calculate the total Net Amount At Risk for your Policy in two steps:<br>• Step 1: we divide the Death Benefit that would be payable at the beginning of the Policy month by 1.0008295.<br>• Step 2: we subtract your Policy's Accumulated Value at the beginning of the Policy month from the amount we calculated in Step 1.<br>Next, we allocate the Net Amount At Risk in proportion to the Face Amount of all Coverage Layers, and each increase that's In Force as of your Monthly Payment Date.<br>We then multiply the amount of each allocated Net Amount At Risk by the cost of insurance rate for each Coverage Layer. The sum of these amounts is your cost of insurance charge.<br>Premiums, Net Premiums, Policy fees and charges, withdrawals, investment performance and fees and expenses of the underlying <br>

------

Funds may affect your Net Amount At Risk, depending on the Death Benefit Option you choose or if your Death Benefit under the Policy is the Minimum Death Benefit.<br>

#### Administrative Charge
Currently, we deduct a charge not to exceed $10.00 a month to help cover the costs of administering and maintaining our Policies. We guarantee that this charge will not increase.

#### Coverage charge
We deduct a Coverage charge every month to help cover the costs of distributing our Policies.

Each Coverage Layer on the Insured in the Policy has its own Coverage charge. The total amount of Coverage charges deducted monthly is the sum of the Coverage charges calculated for each Coverage Layer in effect.

The Coverage charge for each Coverage Layer is calculated based on the Face Amount, Insured's Age and Risk Class, and Death Benefit Option on the Coverage Layer Date. However, for the S-ARTR Coverage Layer, the Coverage charge is calculated based on the current S-ARTR Face Amount. The Coverage charge also varies with the Death Benefit Option you choose, by Policy duration, and by Coverage type. Generally, the Coverage charge on LTPR Coverage may be lower than the Coverage charge on Basic Life Coverage.

Your Policy Specifications and any Supplemental Schedule of Coverage provide the Policy's guaranteed Coverage charges. We may charge less than our guaranteed rate. The current Coverage Charge is $7.35 - $24.50 per Policy plus $0.02 - $4.55 per $1,000 of Basic Life Coverage Layer.

<u>A hypothetical example:</u>

For a policy that has a Policy Face Amount of $350,000, a Death Benefit Option A and C Coverage Charge rate of 0.8813 in year one, a Death Benefit Option B Coverage Charge rate of 2.1618 in year one, and a per Policy Coverage Charge of $24.50 in year one:

The guaranteed monthly Coverage charge in year one is:

&nbsp;&nbsp;&nbsp;&nbsp;● Under Death Benefit Option A, is $332.96 (($350,000 ÷ 1,000) x 0.8813) + 24.50

&nbsp;&nbsp;&nbsp;&nbsp;● Under Death Benefit Option B, is $781.13 (($350,000 ÷ 1,000) x 2.1618) + 24.50

#### Charges for optional riders
If you add any Riders to your Policy, we add any charges for them to your monthly charge. The current charges are discussed for each Rider, where applicable, in the **FEE TABLES** and **OPTIONAL RIDERS AND BENEFITS** sections in this prospectus.

#### Indexed Fixed Option Charge
We assess an additional charge every month for amounts allocated to the 1-Year High Cap Plus Indexed Account. The charge is added to the Monthly Deductions assessed against the Policy's Accumulated Value. The charge is calculated by multiplying the current Indexed Fixed Option Charge rate, which is 3.00% annually (0.25% monthly), by the value of the 1-Year High Cap Plus Indexed Account after transactions and before monthly deductions on the Monthly Payment Date.

**An example:**<br>Assume the Indexed Fixed Option Charge rate is 0.25% per month.<br>For a Policy with $10,000 allocated to the 1-Year High Cap Plus Indexed Account, the monthly Indexed Fixed Option Charge is: ($10,000 x 0.25%) = $25<br>

See the **YOUR INVESTMENT OPTIONS – Indexed Fixed Options – *Segment Value Changes*** section in this prospectus.

#### Asset charge
The asset charge is deducted monthly and is assessed against the Policy's unloaned Accumulated Value. The current charge is 0.15% annually (0.0125% monthly) of unloaned Accumulated Value. The charge is guaranteed not to exceed 0.36% annually (0.03% monthly) of unloaned Accumulated Value.

**An example**<br>Assume a Policy with an Accumulated Value of $250,000, a Standard Loan Account of $25,000, and thus an unloaned Accumulated Value of $225,000.<br>The maximum monthly asset charge is: $225,000 x 0.03% = $67.50<br>

#### Transaction Fees

#### Surrender Charge

------

Under the Policy, the Surrender Charge applies for the first 10 Policy Years for the initial Basic Life Coverage Layer and any initial LTPR Coverage Layer, and for 10 Policy Years following the Coverage Layer Date of any additional Basic Life Coverage Layer or LTPR Coverage Layer. The Surrender Charge reduces the Policy's Accumulated Value if you surrender your Policy. If the LTPR is in effect, the total Policy Surrender Charge is increased by the surrender charge associated with LTPR Coverage. Each subsequent increase in Basic Life or LTPR Coverage will result in an additional Coverage Layer that has its own Surrender Charge that applies for 10 Policy Years following the Coverage Layer Date. See the section **WITHDRAWALS, SURRENDERS AND LOANS – Surrendering Your Policy** for more information on the Surrender Charge.

#### Withdrawal Charge
Under the Policy, there is a $25 withdrawal charge for each partial withdrawal of Accumulated Value (including any withdrawal under the Automated Income Program). Currently, we are not imposing this charge.

#### Transfer Fee
Under the Policy, there is a $25 transfer charge for each transfer in excess of 12 transfers per Policy year. Currently, we are not imposing this charge.

#### Illustration Request
Under the Policy, you can request one Policy Illustration each Policy year free of charge. After that there is a $25 per request fee for each Illustration. Currently, we are not imposing this charge.

#### Premium Load
Current fee information about premium loads (basic, surplus, and internal) can be found in the **HOW PREMIUMS WORK - Deductions From Your Premiums** section in this prospectus and for Surrender Charges, see the **WITHDRAWALS, SURRENDERS AND LOANS - Surrendering Your Policy** section in this prospectus.

#### Long Term Performance Rider Face Amount Increase
Under the Policy, there is a $100 fee upon each request to increase the LTPR Face Amount and cover costs incurred in evaluating insurability. Currently, we are not imposing this charge.

#### Surrender Value Enhancement Rider 3 Face Amount Increase
Under the Policy, there is a $100 fee upon each request to increase the SVER Face Amount and cover costs incurred in evaluating insurability. Currently, we are not imposing this charge.

#### Terminal Illness Rider (Processing Charge)
Under the Rider, there is a $100 processing fee to determine and distribute the benefit payment. Currently, we are not imposing this charge.

#### Overloan Protection 3 Rider
The Rider charge is deducted from your Accumulated Value upon exercising the Rider. The charge varies by the Insured's sex, Risk Class and Age at the time the Rider is exercised. The charge to exercise the Rider is shown as a table in your Policy Specifications. For more information, see the sections OPTIONAL RIDERS AND BENEFITS and WITHDRAWALS, SURRENDERS AND LOANS – Overloan Protection 3 Rider in this prospectus.

#### Loan Interest
Currently, there is a loan interest charge of 2.25% for the amount you borrow. In addition to the loan interest charge, the amount used to secure the loan will be credited interest at a minimum amount of 2.00% to help offset the loan interest charge of 2.25%. Loan interest on the Standard Loan Account and Standard Policy Debt accrues daily and any loan interest on each Policy Anniversary will be added to the Standard Loan Account. On each Policy Anniversary, we transfer the excess of the Standard Policy Debt over Standard Loan Account Value from the Investment Options to the Standard Loan Account. If the Standard Loan Account Value is greater than Standard Policy Debt, then such excess is transferred from the Standard Loan Account to the Variable Options or the Fixed Account on a proportionate basis according to your most recent allocation instructions.

There is a loan interest charge for the amount borrowed under an Alternate Loan. Interest owing on the amount borrowed accrues daily. On a guaranteed basis, the maximum Alternate Loan Interest charge is 8.00% per Policy Year. The Current interest charge is 4.75% per year. There is no interested credited to the amount borrowed. Interest that has accrued during the Policy Year is due on your Policy Anniversary. Any such interest that has accrued and has not been paid is treated as a new Alternate Loan on that date and will be added to the Alternate Loan Value.

#### Fund Charges and Expenses
Each Fund pays advisory fees, any service and distribution (12b-1) fees, and other expenses. These fees and expenses are deducted from the assets of the Fund(s) and may vary from year to year. They are not fixed and are not part of the terms of your Policy. You will find more about Fund fees and expenses in each Fund's prospectus. If you choose a Variable Investment Option, these fees and

------

expenses affect you indirectly because they reduce Fund returns. Each Fund is governed by its own Board of Trustees or Board of Directors.

#### Lapsing and Reinstatement
There is no guarantee that your Policy will not lapse even if you pay your planned premium. Your Policy will lapse if there is not enough Accumulated

Value, after subtracting any Total Policy Debt, to cover the monthly charge on the day we make the deduction. This Policy offers riders that provide no-lapse protection for a certain period if rider conditions are met. See the No-Lapse Guarantee Rider, the Flexible Duration No-Lapse Guarantee Rider, and the Overloan Protection 3 Rider in the **OTHER BENEFITS AVAILABLE UNDER THE POLICY** section in this prospectus.

Your Policy's Accumulated Value is affected by the following:

&nbsp;&nbsp;&nbsp;&nbsp;• Loans or withdrawals you make from your Policy

&nbsp;&nbsp;&nbsp;&nbsp;• Certain Rider benefits paid from your Policy

&nbsp;&nbsp;&nbsp;&nbsp;• Not making planned premium payments

&nbsp;&nbsp;&nbsp;&nbsp;• The performance of your Investment Options

&nbsp;&nbsp;&nbsp;&nbsp;• Charges under the Policy.

If your Policy's Accumulated Value plus any Indexed Termination Credit (see Indexed Fixed Options – Minimum Indexed Benefit Rider) less Total Policy Debt is not enough to pay the total monthly charge, your policy will enter its Grace Period. We deduct the amount that is available and send you, and anyone you have assigned your Policy to, a notice telling you the amount to pay to keep your Policy In Force. The minimum amount you must pay to keep your Policy In Force is equal to three times the monthly charge that was due on the Monthly Payment Date, less any Indexed Termination Credit, when there was not enough Accumulated Value to pay the charge, plus premium load. For more information regarding payment due to keep your Policy In Force, please contact our Consumer Markets Division.

We will give you a Grace Period of 61 days from the date we send the notice to pay sufficient premium to keep your Policy In Force. Your Policy will remain In Force during the Grace Period. We may accept an amount that is less than the amount provided in the notice to keep the Policy In Force. If you receive a notice, speak with your financial professional or contact us directly if you have any questions.

If we do not receive your payment within the Grace Period, your Policy will lapse with no value. This means we will end your life insurance Coverage.

#### If you make the minimum payment
If we receive your payment within the Grace Period, we will allocate your Net Premium on the day it is received to the Investment Options you have chosen and deduct the monthly charge from your Investment Options as an Account Deduction at the next policy monthly payment date. A minimum of the Monthly Deduction due plus three times the Monthly Deduction due when the insufficiency occurred less any Indexed Termination Credit, plus any applicable premium load, must be paid.

If your Policy is in danger of lapsing and you have Total Policy Debt, you may find that making the minimum payment would cause the total premiums paid to exceed the maximum amount for your Policy's Face Amount under tax laws. In that situation, we will not accept the portion of your payment that would exceed the maximum amount. To stop your Policy from lapsing, you will have to repay a portion of your Total Policy Debt.

Remember to tell us if your payment is a premium payment. Otherwise, we will treat it as a loan repayment.

#### How to avoid future lapsing
To stop your Policy from lapsing in the future, you may want to make larger or more frequent premium payments if tax laws permit it. Or if you have a Policy loan, you may want to repay a portion of it.

#### Paying Death Benefit Proceeds during the Grace Period
If the Insured dies during the Grace Period, we will pay Death Benefit Proceeds (which include any Indexed Termination Credit) to your Beneficiary. See the **YOUR INVESTMENT OPTIONS – Indexed Fixed Options** – *Minimum Indexed Benefit Rider* section in this prospectus. We will reduce the payment by any unpaid monthly charges and any Total Policy Debt.

#### Reinstating a lapsed Policy
If your Policy lapses, you have three years from the end of the Grace Period to apply for a reinstatement. We will consider your reinstatement request if you send us the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• A written application

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Evidence satisfactory to us that the Insured is still insurable

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• A Premium payment (less any Indexed Termination Credit) sufficient, after reduction by any premium load, to:

o Cover all unpaid monthly charges and Policy loan interest that were due in the Grace Period,

o Keep your Policy In Force for three months after the day your Policy is reinstated, and

Cover any negative Accumulated Value if there was a Policy loan or other outstanding Total Policy Debt at the time of lapse. We will reinstate your Policy as of the first Monthly Payment Date on or after the day we approve the reinstatement. When we reinstate your Policy, its Accumulated Value will be the same as it was on the day your Policy lapsed. We will allocate the Accumulated Value according to your most recent premium allocation instructions.

At reinstatement:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Surrender charges and Policy charges other than Cost of Insurance charges will resume their original schedule as if lapse had never occurred.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Cost of Insurance Charges will be calculated using Cost of Insurance Rates that resume their original schedule as if lapse had never occurred, reflecting the Insured's Age at reinstatement and policy duration measured from the original Policy Date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Additional Credits will resume their original schedule as if lapse had never occurred.

#### Reinstating a lapsed Policy with Total Policy Debt
If there was a Standard Loan and/or an Alternate Loan at the time of lapse, upon reinstatement we will eliminate the loan by deducting any Total Policy Debt from the Accumulated Value. Any negative Accumulated Value will be due in addition to sufficient premium at the time of reinstatement.

------

#### YOUR INVESTMENT OPTIONS
You can find a complete list of the Variable Investment Options available under this Policy in the **APPENDIX: FUNDS AVAILABLE UNDER THE POLICY** section in this prospectus.

We put your Net Premium in our General Account and Separate Account. We own the assets in our Accounts and allocate your Net Premiums, less any charges, to the Investment Options you have chosen. Amounts allocated to any available Fixed Options or Indexed Fixed Options are held in our General Account. Amounts allocated to the Variable Investment Options are held in our Separate Account. You will find information about when we allocate Net Premiums to your Investment Options in the **HOW PREMIUMS WORK** section in this prospectus.

You choose your initial Investment Options on your application. If you choose more than one Investment Option, you must tell us the dollar amount or percentage you want to allocate to each Investment Option. You can change your premium allocation instructions at any time.

You can change your premium allocation instructions by writing or sending a fax. If we have your completed telephone and electronic authorization on file, you can call us at (800) 347-7787 or submit a request electronically. Or you can ask your life insurance producer to contact us. You will find more information regarding telephone and electronic instructions in the **POLICY BASICS** section in this prospectus.

The Investment Options you choose, and how they perform, will affect your Policy's Accumulated Value and may affect the Death Benefit. Please review the Investment Options carefully. You may ask your life insurance producer to help you choose the right ones for your goals and tolerance for risk. Any financial firm or representative you engage to provide advice and/or make transfers for you is not acting on our behalf. We are not responsible for any investment decisions or allocations you make, recommendations such financial representatives make or any allocations or specific transfers they choose to make on your behalf. Some broker-dealers may not allow or may limit the amount you may allocate to certain Investment Options. Work with your life insurance producer to help you choose the right Investment Options for your investment goals and risk tolerance. Make sure you understand any costs you may pay directly and indirectly on your Investment Options because they will affect the value of your Policy.

**Variable Investment Options** 

You can find a complete list of the Variable Investment Options available under this Policy in the **APPENDIX: FUNDS AVAILABLE UNDER THE POLICY** section in this prospectus. There you will find Information regarding the Funds available through the Separate Account, including the Fund name, investment objective, the investment adviser and any sub-adviser, current expenses, and performance. Each Fund has issued a prospectus that contains more detailed information about each Fund. To obtain a copy of a Fund prospectus, please contact your financial professional or call 800-347-7787.

We may add or remove Investment Options at any time, and removal of Variable Investment Options may limit the number of such options that are available to an investor under the Policy in the future. We may significantly reduce the number of Variable Investment Options, including reducing them to a single option. If, in the future, an investor is not satisfied with the Variable Investment Options, they may choose to surrender their Policy, but they may be subject to Surrender Charges, taxes, and tax penalties. If they purchase another investment vehicle, it may have different features, fees, and risks than the Policy. Investors should discuss with their financial professional if the Policy is appropriate for them given the Company's right to make changes to the Investment Options.

Certain of the asset allocation Fund(s), including the Pacific Select Fund asset allocation Fund(s), may use futures and options to reduce the portfolios' equity exposure during periods when market indicators suggest high market volatility. This strategy is designed to reduce the risk of market losses from investing in equity securities. However, this strategy may result in periods of underperformance, including periods when specified benchmark indexes are appreciating but market volatility is high. As a result, your Accumulated Value may increase less than it would have without these defensive actions.

Any Policy value allocated to a Variable Option will vary based on the investment experience of the corresponding Fund in which the Variable Option invests. When investing in Variable Options, there is a risk of loss of the entire amount invested. We are not responsible for the operation of the underlying Funds or any of their portfolios. We also are not responsible for ensuring that the underlying Funds and their portfolios comply with any laws that apply.

***Calculating unit values*** 

When you choose a Variable Investment Option, we credit your Policy with *accumulation units*. The number of units we credit equals the amount we have allocated divided by the unit value of the Variable Account. Similarly, the number of accumulation units in your Policy will be reduced when you make a transfer, withdrawal or loan from a Variable Investment Option, and when your monthly charges are deducted.

---

| |
|:---|
| **An example** |
| You ask us to allocate $6,000 to the Equity Index Investment Option on a Business Day. At the end of that day, the unit value of the Variable Account is $15. We will credit your Policy with 400 units ($6,000 divided by $15). |

---

------

The value of an accumulation unit is the basis for all financial transactions relating to the Variable Investment Options. The value of an accumulation unit is not the same as the value of a share in the underlying Fund. We calculate the unit value for each Variable Account once every Business Day, usually at or about 4:00 p.m. Eastern time.

Generally, for any transaction, we will use the next unit value calculated after we receive your Written Request. If we receive your Written Request before the time of the close of the New York Stock Exchange, which is usually 4:00 p.m. Eastern time, on a Business Day, we will use the unit value calculated as of the end of that Business Day. If we receive your request at or after the time of the close of the New York Stock Exchange on a Business Day, we will use the unit value calculated as of the end of the next Business Day. Unit values will not be calculated on days that the New York Stock Exchange, our Consumer Markets Division, or an underlying Fund are closed which include weekends, New Year's Day, Martin Luther King Jr. Day, President's Day, Good Friday, Memorial Day, Juneteenth, Independence Day (July 4th), Labor Day, Thanksgiving Day, and Christmas Day. An underlying fund may be closed when other federal holidays are observed such as Columbus Day and Veterans Day.

If a scheduled transaction falls on a day that is not a Business Day, we will process it as of the end of the next Business Day. For your monthly charge, we will use the unit value calculated on your Monthly Payment Date. If your Monthly Payment Date does not fall on a Business Day, we will use the unit value calculated as of the end of the next Business Day. For information about timing of transactions, see the **POLICY BASICS** section in this prospectus.

The unit value calculation is based on the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The investment performance of the underlying Fund

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Any dividends or distributions paid by the underlying Fund

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Any charges for any taxes that are, or may become, associated with the operation of the Variable Account.

The unit value of a Variable Account will change with the value of its corresponding Fund. Changes in the unit value of a Variable Account will not change the number of accumulation units credited to your Policy. For unit values please go to www.pacificlife.com.

**Fixed Options** 

You can allocate Net Premium or Accumulated Value to the Fixed Account. See the **YOUR INVESTMENT OPTIONS – Transferring Among Investment Options and Market-timing Restrictions** section in this prospectus for information on the allocation rules.

The Fixed Account provides a guaranteed minimum annual rate of interest. The amounts allocated to the Fixed Account are held in our General Account. For more information about the General Account, see the **ABOUT PACIFIC LIFE** section in this prospectus.

Here are some things you need to know about the Fixed Account:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Accumulated Value allocated to the Fixed Account earns interest on a daily basis using a 365-day year. Our minimum annual interest rate is 1.00%.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● We may offer a higher annual interest rate on the Fixed Account. If we do, we will guarantee the higher rate until your next Policy Anniversary. Any higher rate will apply uniformly to all members of the same Class. <br>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● There are no direct charges. Policy charges still apply. Although the Fixed Account provides a guaranteed minimum interest rate, as a General Account asset, any guarantee is backed by our claims paying ability.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● There are limitations on when and how much you can transfer from the Fixed Options. These limitations are described below, in the **YOUR INVESTMENT OPTIONS – Transferring Among Investment Options and Market-timing Restrictions** section in this prospectus. It may take several Policy Years to transfer your Accumulated Value out of the Fixed Account.

We reserve the right to limit aggregate allocations to the General Account (which includes the Fixed Account) during the most recent 12 months for all Pacific Life policies in which you have an ownership interest or to which payments are made by a single payor, to $1,000,000. Any allocations in excess of these limits will be allocated to your other Investment Options according to your most recent allocation instructions. If we do not have allocation instructions that include other available Investment Options, we will contact you to obtain updated allocation instructions. We may increase the limits at any time at our sole discretion. To find out if higher limits are in effect, ask your life insurance producer or contact us. Also see the **APPENDIX: STATE LAW VARIATIONS** section in this prospectus.

We have not registered the Fixed Account with the SEC. Disclosures regarding the Fixed Account, however, are subject to certain generally applicable provisions of the federal securities laws relating to the accuracy and completeness of statements made in the prospectus.

We may terminate or suspend the Fixed Account or add additional Fixed Options at any time. We will notify you before any such changes occur. At least one Fixed Account will always be available.

------

#### Indexed Fixed Options

---

| |
|:---|
| &nbsp;&nbsp;&nbsp;***We have not registered the Indexed Fixed Options with the SEC. Disclosures regarding the Indexed Accounts, however, are subject to certain generally applicable provisions of the federal securities laws relating to the accuracy and completeness of statements made in the prospectus.*** |
| &nbsp;&nbsp;&nbsp;Pacific Life believes that the Policies are in substantial compliance with the applicable provisions of Section 989J(a)(1)-(3) of the Dodd-Frank Wall Street Reform and Consumer Protection Act. The Indexed Accounts qualify for an exemption from registration under the federal securities laws because, as a Pacific Life General Account Investment Option, its value does not vary according to the performance of a Separate Account. In addition, the products in which the Indexed Accounts are offered satisfy standard non-forfeiture laws. Accordingly, the Company has a reasonable basis for concluding that the Indexed Accounts provide sufficient guarantees of principal and interest through the Company's General Account to qualify under Section 3(a)(8). |

---

The Indexed Accounts are held in our General Account. Currently, there are two Indexed Accounts, the 1-Year Indexed Account and the 1-Year High Cap Plus Indexed Account.

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Here is a summary comparing the Indexed Fixed Options** | &nbsp;&nbsp;**Here is a summary comparing the Indexed Fixed Options** |  |
|  | **<u>1-Year Indexed Account</u>** | **<u>1-Year High Cap Plus Indexed</u>** <br>**<u>Account</u>** |
| &nbsp;&nbsp;Index | S&P 500<sup>®</sup> Index | S&P 500<sup>®</sup> Index |
| &nbsp;&nbsp;Segment Term | 1 year | 1 year |
| &nbsp;&nbsp;Maximum Indexed Fixed Option Charge Rate | N/A | 0.25%/month (3.00% annually) |
| &nbsp;&nbsp;Guaranteed Minimum Participation Rate | 100% | 100% |
| &nbsp;&nbsp;Guaranteed Minimum Growth Cap | 2% | 15% |
| &nbsp;&nbsp;Guaranteed Maximum Indexed Threshold Rate | N/A | N/A |
| &nbsp;&nbsp;Minimum Segment Guaranteed Interest Rate | 0% | 0% |
| &nbsp;&nbsp;Guaranteed Minimum Segment Adjustment Factor | 1.0 | 0.60 |

---

**Allocations to the Indexed Accounts are made first to the Fixed Account and transferred to the Indexed Accounts on the next Segment Start Date. Any amounts allocated to the Fixed Account while pending transfer to the Indexed Accounts will earn interest on a daily basis and the interest accrued will remain in the Fixed Account unless otherwise requested. If you surrender your Policy before Segment Maturity, you will forfeit any Segment Indexed Interest. Once a Segment is created, you cannot transfer Accumulated Value out of that Segment to any other Variable Option, Indexed Account or Fixed Option until the end of the Segment Term. Money may be transferred from a Segment for withdrawals and Standard Policy Loans, however, a Lockout Period will apply if the withdrawal or Standard Loan is not part of a Systematic Distribution Program. Once a Lockout Period begins, an investor may not make any transfers into the Indexed Fixed Options for 12 months. We reserve the right to add additional Indexed Accounts or to cease offering one or more of the Indexed Accounts at any time—although at least one Indexed Account will always be available. If we cease offering an Indexed Account, we would not allow any new Segments to be created and for any existing Segments, the change would take affect at the end of a Segment Term. We will amend the prospectus and notify you of any change at your address on file with us. Be sure to discuss with your financial professional if this Policy is appropriate for you given the Company's right to make changes to, or limit allocations or transfers to, the Indexed Fixed Options.**

You may allocate all or part of your Net Premium and your Accumulated Value to the Indexed Accounts if certain conditions are met. Currently, we do not limit the amount that you may allocate and/or transfer to the Indexed Fixed Options. However, we reserve the right to limit allocations and/or transfers to the Indexed Fixed Options to a certain percentage of your Accumulated Value. We will amend the prospectus and notify you of any limitation at your address on file with us. Accumulated Value in the Indexed Accounts is divided into Segments. We create a separate Segment for each allocation to an Indexed Account. Allocations to the Indexed Accounts are made first to the Fixed Account and transferred from the Fixed Account to an Indexed Account on the next Segment Start Date (currently the 15th of each month). Each Segment represents Accumulated Value transferred from the Fixed Account to the Indexed Accounts on a Segment Start Date.

If you have an existing Segment, before the end of your Segment Term, please contact us at (800) 347-7787 or contact your financial professional for information on the Growth Cap, Participation Rate, Segment Adjustment Factor and Segment Guaranteed Interest Rate for a new Segment. If you are allocating to a Segment for the first time, you can contact us or ask your financial professional for information prior to investment. You can find Segment start and maturity dates, current Segment activity, and additional information for all open, and recently matured Segments on your quarterly and annual Policy statements.

------

*Minimum Segment Guaranteed Interest*

The Minimum Segment Guaranteed Interest Rate is the minimum annual rate that is added to each Index Segment at Segment Maturity. The rate is guaranteed to never be lower than 0% and is applied uniformly to all members of the same Class. **Currently, the rate is 0% and will have no effect on Segment Indexed Interest, if any, credited at the end of a Segment.**

*Growth Cap*

Segment Indexed Interest is subject to a Growth Cap for the 1-Year Indexed Account and the 1-Year High Cap Plus Indexed Account, which is the highest percentage that will be credited for a one-year period even if the change in the Index is higher. The steps used to calculate the amount of interest credited and how the Growth Cap is used can be found in the **Segment Maturity** section below. The Growth Cap is subject to change at our discretion, but the Growth Cap percentage is guaranteed (the Guaranteed Minimum Growth Cap) never to be lower than 2% for the 1-Year Indexed Account and 15% for the 1-Year High Cap Plus Indexed Account. The Growth Cap or a new Segment Term will be available to investors prior to the Segment Term. If you have an existing Segment, before the end of your Segment Term, please contact us at (800) 347-7787 or contact your life insurance producer for the Growth Cap that will apply to a new Segment. If you are allocating to a Segment for the first time, you can contact us or ask your life insurance producer for information on the current Growth Caps prior to investment.

*Participation Rate*

The Participation Rate is used to determine the Indexed Growth Rate that will be used to determine the amount of interest credited at the end of a Segment Term. The steps used to calculate the amount of interest credited at the end of a term and how the Participation Rate is used can be found in the **Segment Maturity** section below. The Participation Rate is subject to change at our discretion, but the Participation Rate is guaranteed (Guaranteed Minimum Participation Rate) to never be lower than 100% for the 1-Year Indexed Account and 100% for the 1-Year High Cap Plus Indexed Account. If you have an existing Segment, before the end of your Segment Term, please contact us at (800) 347-7787 or contact your life insurance producer for information on the current Participation Rate that will apply to a new Segment. If you are allocating to a Segment for the first time, you can contact us or ask your life insurance producer for information on the current Participation Rates prior to investment. Once a Segment is created, you cannot transfer Accumulated Value out of that Segment to any other Indexed Account or Fixed Option until the end of the Segment Term. Money may be transferred from a Segment for withdrawals and Standard Policy Loans, however, a Lockout Period will apply if the withdrawal or Standard Loan is not part of a Systematic Distribution Program. **All of the Indexed Accounts have a Participation Rate.** 

*Segment Adjustment Factor*

Segment Indexed Interest is subject to a Segment Adjustment Factor for the 1-Year High Cap Plus Indexed Account and the 1-Year Indexed Account. The Segment Adjustment Factor may increase, decrease, or have no effect on the amount of interest credited at the end of a Segment Term. The Segment Adjustment Factor is multiplied by the interest credited (the Segment Indexed Interest) at the end of a Segment Term. The result is the Total Interest Credited. Here is how the Segment Adjustment Factor may affect the amount of interest credited at the end of a Segment Term:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● If the Segment Adjustment Factor is greater than 1.0 and the Segment Indexed Interest Rate is greater than zero, it will increase the amount of indexed interest credited at the end of a Segment Term.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● If the Segment Adjustment Factor is equal to 1.0, then the Segment Adjustment Factor will have no effect on the amount of indexed interest credited at the end of a Segment Term.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● If the Segment Adjustment Factor is less than 1.0 and the Segment Indexed Interest Rate is greater than zero, it will **decrease the amount** of indexed interest credited at the end of a Segment Term. The Segment Indexed Interest Rate will not be less than zero.

The Segment Adjustment Factor is subject to change at our discretion, but the Segment Adjustment Factor is guaranteed to never be less than 0.60 for the 1- Year High Cap Plus Indexed Account and 1.0 for the 1-Year Indexed Account. If you have an existing Segment, before the end of your Segment Term, please contact us at (800) 347-7787 or contact your life insurance producer for information on the current Segment Adjustment Factor that will apply to a new Segment. If you are allocating to a Segment for the first time, you can contact us or ask your life insurance producer for information on the current Segment Adjustment Factor prior to investment. Once a Segment is created, you cannot transfer Accumulated Value out of that Segment to any other Indexed Account or Fixed Option until the end of the Segment Term. Money may be transferred from a Segment for withdrawals and Standard Policy Loans, however, a Lockout Period will apply if the withdrawal or Standard Loan is not part of a Systematic Distribution Program.

 **Indexed Account Additional Credit and Aggregate Adjustment Factor*

In addition to the Segment Adjustment Factor described above, we will calculate an Indexed Account Additional Credit Factor each policy month starting as early as Policy Year 11 and thereafter. This factor is not guaranteed and the Indexed Account Additional Credit Factor will never reduce the amount of interest credited at the end of a Segment Term. The Segment Adjustment Factor described above, the Indexed Account Additional Credit Factor and the Aggregate Adjustment Factor are each calculated separately

------

for each Segment and will vary by Segment. See the **YOUR POLICY'S ACCUMULATED VALUE – Additional Credit** section in this prospectus for more information.

When a Segment is created, the guaranteed and current Aggregate Adjustment Factors for each Segment are determined as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The guaranteed Aggregate Adjustment Factor is equal to the guaranteed minimum Segment Adjustment Factor for that Segment.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The current Aggregate Adjustment Factor is equal to the current Segment Adjustment Factor for that Segment plus the Indexed Account Additional Credit Factor.

The Aggregate Adjustment Factor is used instead of the Segment Adjustment Factor when calculating the amount of Segment Indexed Interest credited at the end of the segment term.

We credit interest on Accumulated Value in the Indexed Accounts at the end of a one-year period (the Segment Maturity), based in part on any positive change in the S&P 500<sup>®</sup> Index<sup>1</sup>, excluding dividends.<sup>2</sup> This positive change, however, is limited by any applicable Growth Cap (as discussed below, the Growth Cap includes the Minimum Segment Guaranteed Interest Rate). Generally, a portion of the total return on investments in the securities that underlie the S&P 500<sup>®</sup> are investment dividends. However, allocations to the 1-Year Indexed Account and 1-Year High Cap Plus Indexed Account will not receive the portion of total returns attributable to dividends, so that the index's performance will be less than that of the securities underlying the S&P 500<sup>®</sup> Index. We refer to the total interest we credit to a Segment as the Total Interest Credited. If you surrender your Policy before Segment Maturity, no interest will be paid and you will forfeit any interest we would have otherwise credited. If you take a partial withdrawal from a Segment, the withdrawal will reduce the average monthly Segment balance which will result in lower Segment Indexed Interest if applicable. If you surrender your Policy before Segment Maturity, no interest will be paid and you will forfeit any interest we would have otherwise credited. If you take a partial withdrawal from a Segment, the withdrawal will reduce the average monthly Segment balance but any interest due will still be paid. We determine the Segment balance each month (a Segment Month) and average these amounts for determining the interest that may be applied. See the "Here is an example of how a withdrawal from the Policy affects Segment Indexed Interest" table below for a partial withdrawal and average monthly Segment balance example.

The following examples are not intended to serve as projections of future investment returns nor are they a reflection of how your Policy will actually perform.

<sup>1</sup> The **"S&P 500 INDEX"** is a product of S&P Dow Jones Indices LLC or its affiliates ("SPDJI") and has been licensed for use by **Pacific Life Insurance Company**. Standard & Poor's<sup>®</sup> and S&P<sup>®</sup> are registered trademarks of Standard & Poor's Financial Services LLC ("S&P"); Dow Jones<sup>®</sup> is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones"); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by **Pacific Life Insurance Company**. It is not possible to invest directly in an index. **Pacific Life Insurance Company's Product(s)** are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, any of their respective affiliates (collectively, "S&P Dow Jones Indices"). S&P Dow Jones Indices does not make any representation or warranty, express or implied, to the owners of **Pacific Life Insurance Company's Product(s)** or any member of the public regarding the advisability of investing in securities generally or in **Pacific Life Insurance Company's Product(s)** particularly or the ability of the **S&P 500 INDEX** to track general market performance. Past performance of an index is not an indication or guarantee of future results. S&P Dow Jones Indices' only relationship to **Pacific Life Insurance Company** with respect to the **S&P 500 INDEX** is the licensing of the Index and certain trademarks, service marks and/or trade names of S&P Dow Jones Indices and/or its licensors. The **S&P 500 INDEX** is determined, composed and calculated by S&P Dow Jones Indices without regard to **Pacific Life Insurance Company** or **Pacific Life Insurance Company's Product(s)**. S&P Dow Jones Indices has no obligation to take the needs of **Pacific Life Insurance Company** or the owners of **Pacific Life Insurance Company's Product(s)** into consideration in determining, composing or calculating the **S&P 500 INDEX**. S&P Dow Jones Indices is not responsible for and have not participated in the determination of the prices, and amount of **Pacific Life Insurance Company's Product(s)** or the timing of the issuance or sale of **Pacific Life Insurance Company's Product(s)** or in the determination or calculation of the equation by which **Pacific Life Insurance Company's Product(s)** is to be converted into cash, surrendered or redeemed, as the case may be. S&P Dow Jones Indices has no obligation or liability in connection with the administration, marketing or trading of **Pacific Life Insurance Company's Product(s)**. There is no assurance that investment products based on the **S&P 500 INDEX** will accurately track index performance or provide positive investment returns. S&P Dow Jones Indices LLC is not an investment or tax advisor. A tax advisor should be consulted to evaluate the impact of any tax-exempt securities on portfolios and the tax consequences of making any particular investment decision. Inclusion of a security within an index is not a recommendation by S&P Dow Jones Indices to buy, sell, or hold such security, nor is it considered to be investment advice.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;S&P DOW JONES INDICES DOES NOT GUARANTEE THE ADEQUACY, ACCURACY, TIMELINESS AND/OR THE COMPLETENESS OF THE **S&P 500 INDEX** OR ANY DATA RELATED THERETO OR ANY COMMUNICATION, INCLUDING BUT NOT LIMITED TO, ORAL OR WRITTEN COMMUNICATION (INCLUDING ELECTRONIC COMMUNICATIONS) WITH RESPECT THERETO. S&P DOW JONES INDICES SHALL NOT BE SUBJECT TO ANY DAMAGES OR LIABILITY FOR ANY ERRORS, OMISSIONS, OR DELAYS THEREIN. S&P DOW JONES INDICES MAKES NO EXPRESS OR IMPLIED WARRANTIES, AND EXPRESSLY DISCLAIMS ALL WARRANTIES, OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE OR AS TO RESULTS TO BE OBTAINED BY **PACIFIC LIFE INSURANCE COMPANY**, OWNERS OF **PACIFIC LIFE INSURANCE COMPANY**'S **PRODUCT(S)**, OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE **S&P 500 INDEX** OR WITH RESPECT TO ANY DATA RELATED THERETO. WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT WHATSOEVER SHALL S&P DOW JONES INDICES BE LIABLE FOR ANY INDIRECT, SPECIAL, INCIDENTAL, PUNITIVE, OR CONSEQUENTIAL DAMAGES INCLUDING BUT NOT LIMITED TO, LOSS OF PROFITS, TRADING LOSSES, LOST TIME OR GOODWILL, EVEN IF THEY HAVE BEEN ADVISED OF THE POSSIBLITY OF SUCH DAMAGES, WHETHER IN CONTRACT, TORT, STRICT LIABILITY, OR OTHERWISE. THERE ARE NO THIRD PARTY BENEFICIARIES OF ANY AGREEMENTS OR ARRANGEMENTS BETWEEN S&P DOW JONES INDICES AND **PACIFIC LIFE INSURANCE COMPANY**, OTHER THAN THE LICENSORS OF S&P DOW JONES INDICES.

------

<sup>2</sup> The Standard & Poor's 500<sup>®</sup> Index ("S&P 500<sup>®</sup>") is an unmanaged index that covers 500 industrial, utility, transportation, and financial companies of the U.S. markets.

------

#### Examples<br>Below is a hypothetical example that shows how we currently credit interest to a Segment in the 1-Year Indexed Account.
Assumptions:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The segment Accumulated Value is $10,000 at the start of the first segment.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● All Policy charges are deducted from the Fixed Account and/or the Variable Accounts.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The rates for the Growth Cap and Participation Rate and the factor for the Segment Adjustment Factor are hypothetical and for illustrative purposes only.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Accumulated Value is reallocated to a new Segment at Segment Maturity.

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Segment** | **Year 1** | **Year 2** | **Year 3** | **Year 4** | **Year 5** |
| Amount at Start of Segment | 10000.00 | 10900.00 | 10900.00 | 10987.20 | 11184.96 |
| Average Segment Monthly Balance | 10000.00 | 10900.00 | 10900.00 | 10987.20 | 11184.96 |
| Starting Index Value | 1000.00 | 1200.00 | 1050.00 | 1058.40 | 1077.45 |
| Ending Index Value | 1200.00 | 1050.00 | 1058.40 | 1077.45 | 1148.56 |
| Index Growth Rate<sup>1</sup> | 20.00% | -12.50% | 0.80% | 1.80% | 6.60% |
| Growth Cap | 9.0% | 9.0% | 9.0% | 9.0% | 9.0% |
| Participation Rate | 100% | 100% | 100% | 100% | 100% |
| Minimum Segment Guaranteed Interest Rate | 0% | 0% | 0% | 0% | 0% |
| Segment Guaranteed Interest | 0.00  | 0.00  | 0.00  | 0.00  | 0.00  |
| Segment Indexed Interest Rate | 9.00% | 0.00% | 0.80% | 1.80% | 6.60% |
| Segment Indexed Interest\* | 900.00 | 0.00 | 87.20 | 197.26 | 738.19 |
| Total Interest Credited over Term | 900.00 | 0.00 | 87.20 | 197.26 | 738.19 |
| Segment Adjustment Factor | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 |
| Segment Adjustment  | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Segment Maturity Value | 10900.00 | 10900.00 | 10987.20 | 11184.96 | 11923.15 |
| \* The Segment Adjustment is zero since the factor is 1.0. |  |  |  |  |  |
| Total Return over Period | 19.23% |  |  |  |  |
| Annual Return over Period | 3.58% |  |  |  |  |

---

<sup>1</sup> The performance of the Index reflected in this example is not necessarily an indication or guarantee of how the Index will perform in the future.

------

#### Below is a hypothetical example that shows how we currently credit interest to a Segment in the 1-Year High Cap Plus Indexed Account.
Assumptions:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The segment Accumulated Value is $10,000 at the start of the first segment.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● All Policy charges, including the annual 3.00% (monthly 0.25%) Indexed Fixed Option Charge, are deducted from the Fixed Account and/or the Variable Accounts.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The rates for the Growth Cap and Participation Rate and the factor for the Segment Adjustment Factor are hypothetical and for illustrative purposes only.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Accumulated Value is reallocated to a new Segment at Segment Maturity.

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Segment** | **Year 1** | **Year 2** | **Year 3** | **Year 4** | **Year 5** |
| Amount at Start of Segment | 10000.00 | 11800.00 | 11800.00 | 11913.28 | 12170.59 |
| Average Segment Monthly Balance | 10000.00 | 11800.00 | 11800.00 | 11913.28 | 12170.59 |
| Starting Index Value | 1000.00 | 1200.00 | 1050.00 | 1058.40 | 1077.45 |
| Ending Index Value | 1200.00 | 1050.00 | 1058.40 | 1077.45 | 1148.56 |
| Index Growth Rate<sup>1</sup> | 20.00% | -12.50% | 0.80% | 1.80% | 6.60% |
| Growth Cap | 15% | 15% | 15% | 15% | 15% |
| Participation Rate | 100% | 100% | 100% | 100% | 100% |
| Minimum Segment Guaranteed Interest Rate | 0% | 0% | 0% | 0% | 0% |
| Segment Guaranteed Interest | 0.00  | 0.00  | 0.00  | 0.00  | 0.00  |
| Segment Indexed Interest Rate | 15.00% | 0.00% | 0.80% | 1.80% | 6.60% |
| Segment Indexed Interest\* | 1800.00 | 0.00 | 113.28 | 275.31 | 963.89 |
| Total Interest Credited over Term | 1800.00 | 0.00 | 113.28 | 275.31 | 963.89 |
| Segment Adjustment Factor | 1.2 | 1.2 | 1.2 | 1.2 | 1.2 |
| Segment Adjustment added | 300.00 | 0.00 | 18.88 | 42.88 | 160.64 |
| Segment Maturity Value | 11800.00 | 11800.00 | 11913.28 | 12170.59 | 13134.48 |
| \* Includes the Segment Adjustment added |  |  |  |  |  |
| Total Return over Period | 31.34% |  |  |  |  |
| Annual Return over Period | 5.60% |  |  |  |  |
| <sup>1</sup> The performance of the Index reflected in this example is not necessarily an indication or guarantee of how the Index will perform in the future. | <sup>1</sup> The performance of the Index reflected in this example is not necessarily an indication or guarantee of how the Index will perform in the future. | <sup>1</sup> The performance of the Index reflected in this example is not necessarily an indication or guarantee of how the Index will perform in the future. | <sup>1</sup> The performance of the Index reflected in this example is not necessarily an indication or guarantee of how the Index will perform in the future. | <sup>1</sup> The performance of the Index reflected in this example is not necessarily an indication or guarantee of how the Index will perform in the future. | <sup>1</sup> The performance of the Index reflected in this example is not necessarily an indication or guarantee of how the Index will perform in the future. |

---

***Below is a hypothetical example that shows how we credit interest to a Segment in the 1-Year Indexed Account on a guaranteed basis. On a guaranteed basis refers to the fact that the Growth Cap is guaranteed to never be lower than 2%, the Participation Rate is guaranteed to never be lower than 100%, and the Segment Adjustment Factor is guaranteed to never be lower than 1.***

Assumptions:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The segment Accumulated Value is $10,000 at the start of the first segment.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● All Policy charges are deducted from the Fixed Account and/or the Variable Accounts.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Accumulated Value is reallocated to a new Segment at Segment Maturity.

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Segment** | **Year 1** | **Year 2** | **Year 3** | **Year 4** | **Year 5** |
| Amount at Start of Segment | 10000.00 | 10200.00 | 10200.00 | 10281.60 | 10466.66 |
| Average Segment Monthly Balance | 10000.00 | 10200.00 | 10200.00 | 10281.60 | 10466.66 |
| Starting Index Value | 1000.00 | 1200.00 | 1050.00 | 1058.40 | 1077.45 |
| Ending Index Value | 1200.00 | 1050.00 | 1058.40 | 1077.45 | 1148.56 |
| Index Growth Rate<sup>1</sup> | 20.00% | -12.50% | 0.80% | 1.80% | 6.60% |
| Growth Cap | 2% | 2% | 2% | 2% | 2% |
| Participation Rate | 100% | 100% | 100% | 100% | 100% |
| Minimum Segment Guaranteed Interest Rate | 0% | 0% | 0% | 0% | 0% |
| Segment Guaranteed Interest | 0.00  | 0.00  | 0.00  | 0.00  | 0.00  |
| Segment Indexed Interest Rate | 2.00% | 0.00% | 0.80% | 1.80% | 2.00% |
| Segment Indexed Interest\* | 200.00 | 0.00 | 81.60 | 185.06 | 209.33 |
| Total Interest Credited over Term | 200.00 | 0.00 | 81.60 | 185.06 | 209.33 |

---

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| Segment Adjustment Factor | 1.0 | 1.0 | 1.0 | 1.0 |
| Segment Adjustment | 0.00 | 0.00 | 0.00 | 0.00 |
| Segment Maturity Value | 10200.00 | 10281.60 | 10466.66 | 10675.99 |
| \* The Segment Adjustment is zero since the factor is 1.0. |  |  |  |  |
| Total Return over Period | 6.76% |  |  |  |
| Annual Return over Period | 1.32% |  |  |  |

---

<sup>1</sup> The performance of the Index reflected in this example is not necessarily an indication or guarantee of how the Index will perform in the future.

***Below is a hypothetical example that shows how we credit interest to a Segment in the 1-Year High Cap Plus Indexed Account on a guaranteed basis. On a guaranteed basis refers to the fact that the Growth Cap is guaranteed to never be lower than 15%, the Participation Rate is guaranteed to never be lower than 100%, and the Segment Adjustment Factor is guaranteed to never be lower than 0.60.***

Assumptions:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The segment Accumulated Value is $10,000 at the start of the first segment.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● All Policy charges, including the annual 3.00% (0.25% monthly) Indexed Fixed Option Charge, are deducted from the Fixed Account and/or the Variable Accounts.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Accumulated Value is reallocated to a new Segment at Segment Maturity.

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Segment** | **Year 1** | **Year 2** | **Year 3** | **Year 4** | **Year 5** |
| Amount at Start of Segment | 10000.00 | 10900.00 | 10900.00 | 10952.32 | 11070.60 |
| Average Segment Monthly Balance | 10000.00 | 10900.00 | 10900.00 | 10952.32 | 11070.60 |
| Starting Index Value | 1000.00 | 1200.00 | 1050.00 | 1058.40 | 1077.45 |
| Ending Index Value | 1200.00 | 1050.00 | 1058.40 | 1077.45 | 1148.56 |
| Index Growth Rate<sup>1</sup> | 20.00% | -12.50% | 0.80% | 1.80% | 6.60% |
| Growth Cap | 15% | 15% | 15% | 15% | 15% |
| Participation Rate<sup>2</sup> | 100% | 100% | 100% | 100% | 100% |
| Minimum Segment Guaranteed Interest Rate | 0% | 0% | 0% | 0% | 0% |
| Segment Guaranteed Interest | 0.00  | 0.00  | 0.00  | 0.00  | 0.00  |
| Segment Indexed Interest Rate | 15.00% | 0.00% | 0.80% | 1.80% | 6.60% |
| Segment Indexed Interest\* | 900.00 | 0.00 | 52.32 | 118.28 | 438.39 |
| Total Interest Credited over Term | 900.00 | 0.00 | 52.32 | 118.28 | 438.39 |
| Segment Adjustment Factor | 0.60 | 0.60 | 0.60 | 0.60 | 0.60 |
| Segment Adjustment subtracted | (600.00) | 0.00 | (34.88) | (78.85) | (292.26) |
| Segment Maturity Value | 10900.00 | 10900.00 | 10952.32 | 11070.60 | 11508.98 |
| \* Includes Segment Adjustment deduction |  |  |  |  |  |
| Total Return over Period | 15.09% |  |  |  |  |
| Annual Return over Period | 2.85% |  |  |  |  |
| <sup>1</sup> The performance of the Index reflected in this example is not necessarily an indication or guarantee of how the Index will perform in the future.<br><sup>2</sup> The guaranteed minimum Participation Rate will never be lower than 100%. | <sup>1</sup> The performance of the Index reflected in this example is not necessarily an indication or guarantee of how the Index will perform in the future.<br><sup>2</sup> The guaranteed minimum Participation Rate will never be lower than 100%. | <sup>1</sup> The performance of the Index reflected in this example is not necessarily an indication or guarantee of how the Index will perform in the future.<br><sup>2</sup> The guaranteed minimum Participation Rate will never be lower than 100%. | <sup>1</sup> The performance of the Index reflected in this example is not necessarily an indication or guarantee of how the Index will perform in the future.<br><sup>2</sup> The guaranteed minimum Participation Rate will never be lower than 100%. | <sup>1</sup> The performance of the Index reflected in this example is not necessarily an indication or guarantee of how the Index will perform in the future.<br><sup>2</sup> The guaranteed minimum Participation Rate will never be lower than 100%. | <sup>1</sup> The performance of the Index reflected in this example is not necessarily an indication or guarantee of how the Index will perform in the future.<br><sup>2</sup> The guaranteed minimum Participation Rate will never be lower than 100%. |

---

*Here is how Segments Work*

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● <u>Segment Creation.</u> A new Segment is created when there is a transfer to an Indexed Account. The Segment continues until the end of the Segment Term.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● <u>Segment Value Change.</u> Over the Segment Term, the Segment is credited with the Segment Guaranteed Interest, if any, and is reduced by Segment Deductions (discussed below).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● <u>Segment Deductions.</u> Over the Segment Term, money may be transferred from the Segments for the Policy's Monthly Deductions, for withdrawals and for Standard Policy Loans and Alternate Loans (first from the Fixed Account and/or the Variable Accounts until their values have reached zero).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● <u>Segment Indexed Interest.</u> Based on the performance of the Index for the Segment Term, interest may be credited to the Segment at the end of the Segment Term. It is possible, however, that Segment Indexed Interest will not be greater than zero.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● <u>Segment Maturity.</u> At the end of a Segment Term, the Segment Value is reallocated to a new Segment or to the Fixed Option, based on your instructions. If the Segment Value was reallocated to the Fixed Option, you may transfer from the Fixed Option to any Variable Investment Options subject to certain transfer limitations. Segment Value cannot be directly moved to Variable

------

**Option(s). It must go first through the Fixed Account. See the YOUR INVESTMENT OPTIONS – Transferring Among Investment Options and Market-timing Restrictions section in this prospectus. Before the end of a Segment Term, please contact us at (800) 347-7787 or contact your life insurance producer for the current rates (Participation Rate, Growth Cap, Segment Adjustment Factor as applicable) that will apply to a new Segment. You can find Segment start and maturity dates, current Segment activity, and additional information for all open, and recently matured Segments on your quarterly and annual Policy statements. Once a Segment is created, you cannot transfer Accumulated Value out of that Segment to any other Indexed Account or Fixed Option until the end of the Segment Term. Money may be transferred from a Segment for withdrawals and Standard Policy Loans, however, a Lockout Period will apply if the withdrawal or Standard Loan is not part of a Systematic Distribution Program. Once a Lockout Period begins, an investor may not make any transfers into the Indexed Fixed Options for 12 months. If no reallocation instructions are provided, the Segment Maturity Value will be reallocated to a new Segment of the same Indexed Account. The Participation Rate, Growth Cap, Segment Adjustment Factor, and, if applicable, the Segment Guaranteed Interest Rate may change from Segment to Segment and rates for a new Segment may be worse than the rates available for the immediately prior Segment. If the same index account is no longer available and no reallocation instructions are provided, the Segment Maturity Value would be allocated to the Fixed Account. (For more information see Reallocation Instructions under Important Considerations below.)**

#### Important Considerations:
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Net Premiums and Accumulated Value are not directly deposited in or allocated to the Indexed Accounts. Such amounts are first allocated or transferred to the Fixed Account. On a Segment Start Date, we then transfer such Net Premiums and Accumulated Value to the Indexed Accounts.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● All Segment Start Dates currently begin on the 15th of a month. Each Segment Start Date has a Cutoff Date. To begin a Segment on a particular Segment Start Date, we must receive your instructions and payment by the Cutoff Date for that Segment Start Date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● You can only allocate all or a portion of your Net Premiums or transfer Accumulated Value to the Indexed Accounts if your Policy is not in a Lockout Period (discussed below). However, the Lockout Period will not affect any maturing Segments. Accumulated Value in a Segment that matures during the Lockout Period will be reallocated to a new Segment, or to the Fixed Account per your instructions.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Account Deductions are taken proportionately from the Fixed Account Value and the Variable Account Value until each have been reduced to zero. Any remaining deductions will be taken proportionate to each Segment Value across all Segments in the Indexed Accounts.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● There is no guarantee that Segment Indexed Interest will be greater than zero at Segment Maturity.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The total interest crediting rate that is applied to each Segment will never exceed the Growth Cap and will never be less than the 0% Minimum

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Segment Guaranteed Interest Rate.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● If the Segment Indexed Interest at Segment Maturity is greater than zero, the Segment Indexed Interest is reduced if the Segment Adjustment Factor is less than 1.0, but in no event will the Segment Indexed Interest be less than zero.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● You cannot transfer Accumulated Value from an Indexed Account to any other Investment Option until Segment Maturity. Money may be transferred from a Segment for withdrawals and Standard Policy Loans, however, a Lockout Period will apply if the withdrawal or Standard Loan is not part of a Systematic Distribution Program.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● At Segment Maturity, we will automatically invest Segment Maturity Value into a new Segment unless you tell us otherwise by the Cutoff Date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● We may eliminate or substitute the Index if the Index we are currently using is no longer published, if the licensing agreement for a particular Index expires, or if the cost of providing the investment on the Index becomes too high. We will supplement this Prospectus prior to any elimination or substitution of the underlying Index. There will always be one Indexed Account available for investment.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Changing the Index will not affect the guarantees for the Indexed Accounts.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The Indices exclude dividends, which may reduce Index Returns.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● We will amend the prospectus and notify you and any assignee of record if we replace the Index.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● We will select a replacement Index at our sole discretion, based on the availability of the Index, our ability to purchase call options on the Index and our ability to hedge the Index.

**The Participation Rate, Growth Cap, Minimum Segment Guaranteed Interest Rate, and current Segment Adjustment Factor that are established at Segment creation may vary from Segment to Segment but will not be lower than what is guaranteed. Other than the Minimum Segment Guaranteed Interest Rate, these factors may be better or worse from Segment to Segment.** 

------

The way we calculate interest on Accumulated Value allocated to the Indexed Accounts is different from the way Accumulated Value allocated to a Variable Account, such as the Equity Index Variable Account, is calculated. The Equity Index Variable Account invests in the Pacific Select Fund Equity Index Portfolio, whose investment strategy is to invest at least 80% of its assets in equity securities of companies that are included in the S&P 500<sup>®</sup> Index. Accumulated Value allocated to the Equity Index Variable Account is valued daily based on the net asset value of the underlying Equity Index Fund. The Equity Index Variable Account reflects the change in the underlying Equity Index Fund's net asset value.

Conversely, the Indexed Fixed Options are part of Pacific Life's General Account. Investment of General Account assets is at Pacific Life's sole discretion, subject to applicable law and regulation. The Segment Indexed Interest credited to Segments of the Indexed Accounts is based in part on any positive change in the S&P 500<sup>®</sup> Index (without dividends). It is a one-year point-to-point interest crediting strategy that will credit interest based on the one-year performance of the S&P 500<sup>®</sup> (without dividends) between two points in time, limited by a Growth Cap as described above. For additional details on the Segment Indexed Interest, refer to the Special Terms section of this prospectus.

#### Segment Creation:
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Segments can be funded by:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Premium payments

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Transfers from the Fixed Account

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. Reallocated amounts from prior Segments to any available Indexed Account following Segment Maturity.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● A new Segment is created when amounts are transferred from the Fixed Account to an Indexed Account.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Accumulated Value held in the Fixed Account will earn interest at the Fixed Account rate until it is transferred to an available Indexed Account.

In order for us to create a Segment on a particular Segment Start Date, we must receive your instructions and payment by the Cutoff Date for that Segment Start Date. It is important to remember the Accumulated Value we transfer from the Fixed Account at the Segment Start Date may be less than your Designated Amount if we deducted Policy charges, or if you took a withdrawal or Standard Loan, from the Fixed Account before the Segment Start Date.

Once a Segment is created, you may not transfer Accumulated Value out of that Segment to any other Indexed Account or Fixed Option before the end of the Segment Term.

Allocations to the Indexed Accounts will first be made to the Fixed Account and transferred to the Indexed Accounts on the next Segment Start Date. The value in the Indexed Accounts may come from several sources:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Net Premiums or loan repayments that you have instructed us to transfer to the Indexed Account;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Transfers you request from the Fixed Account;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Transfers from the Variable Accounts, which can be made to the Fixed Account under policy Transfer guidelines, and then transferred from the Fixed Account into an Indexed Account.

Transfers from the Fixed Account to an Indexed Account may not be made during the Lockout Period.

Each Segment has its own Participation Rate, Segment Adjustment Factor, and Growth Cap, as applicable. The Participation Rate, Segment Adjustment Factor, and Growth Cap for a Segment are those in effect on the Segment Start Date. The Participation Rate, Segment Adjustment Factor, and Growth Cap in effect as of the Policy Date are shown in the Policy Specifications. We will notify you In Writing if they change.

We reserve the right to change the Segment Start Dates and to limit transfers into the Indexed Accounts, but in any event, you will be allowed to make transfers at least once per calendar quarter. We will notify you In Writing if we change the Segment Start Dates or limit transfers into the Indexed Account.

There are two ways to make transfers to the Indexed Accounts:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Payment and Reallocation Instructions; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Transfers by Written Request.

Transfers to the Indexed Accounts will be based on your latest instructions on file with us. There are two types of instructions for transfers to the Indexed Accounts.

1. <u>Payment Instructions:</u> Your instructions to us to transfer a portion of a Net Premium or loan repayment to an Indexed Account. The portion of the Net Premium or loan repayment that you designated will be deposited into the Fixed Account on the day it is received and will remain there until the next Segment Start Date, assuming we received your instructions and payment by the Cutoff Date for that Segment Start Date. The Fixed Account will earn interest and be assessed Policy charges during this period. On the Segment Start Date, we will transfer the lesser of the amount of Net Premium or loan repayment you designated for

------

transfer, or the Fixed Account value. If you did not give us instructions and your payment by the Cutoff Date or if your Policy is in a Lockout Period, we will not make the transfer to the Indexed Account.

 **An example:*

We receive and apply a premium payment of $10,000 on January 2, which corresponds to a Net Premium of $9,310 after deduction of a $690 maximum basic premium load. Based upon your payment instructions, 100% of the Net Premium is applied to an Indexed Account and the Designated Amount = $9,310.

On January 2, the Designated Amount is applied to the Fixed Account and the Fixed Account balance is $9,310. The Policy earns interest and charges are deducted, and on January 15 (the Segment Start Date), the Fixed Account balance is equal to $9,280.

On January 15, the Segment Start Date, the Fixed Account balance is $9,280, which is less than the Designated Amount. This amount will be transferred to the Indexed Account selected and the Fixed Account balance will be zero.

 **Another example:*

Using the same examples as above, but assuming that the Fixed Account Value is $9,500 on the Segment Start Date:

On January 15, the Segment Start Date, the Designated Amount of $9,310 will be transferred to the Indexed Account. The Fixed Account value will be $190.

2. <u>Reallocation Instructions:</u> Your instructions to us to reallocate the Segment Maturity Value to the Indexed Accounts at the end of a Segment Term or the Fixed Option. If you did not give us instructions, the Segment Maturity Value automatically will be reallocated to the same Indexed Accounts to create a new Segment. Transfer of the Segment Maturity Value from the Fixed Account to other Investment Options must be made in compliance with your Policy's transfer restrictions. Transfer restrictions in effect may increase the amount of time required to transfer your Indexed Accumulated Value from the Indexed Accounts. See *Transferring Among Investment Options and Market-timing Restrictions*. If the current Segment Start Date (the 15<sup>th</sup> of a month) were to change, any Segment Maturity Value will be transferred and held in the Fixed Account at Segment Maturity and then transferred to the applicable Indexed Accounts on the new Segment Start Date.

You may also make transfers to the Indexed Accounts by Written Request. We must receive your request before the Cutoff Date. When we receive your Written Request, we will make the allocation first to the Fixed Account and then transfer it to the Indexed Accounts on the next Segment Start Date. If you want to transfer Accumulated Value from other Investment Options into the Indexed Accounts, your Accumulated Value will first be transferred from the Investment Options to the Fixed Account, according to the Transfer provisions in your Policy, and then transferred from the Fixed Account to the Indexed Accounts. See *Transferring Among Investment Options and Market-timing Restrictions*.

Any reallocation of Segment Maturity Value from the Indexed Accounts to the Fixed Option will occur before any other transfer.

***Segment Value Changes:*** 

Deductions from your Policy's Accumulated Value for Monthly Deductions, Standard Policy Loans and withdrawals are taken first from the Policy's Fixed Accumulated Value and Variable Accumulated Value on a proportionate basis. If there is no Fixed Accumulated Value or Variable Accumulated Value, we will take deductions from the Indexed Accumulated Value. Any deductions from the Indexed Accounts will be taken proportionate to each Segment Value across all Segments in the Indexed Accounts. For each Segment, deductions are taken from the Segment monthly balance (defined below under *Segment Maturity*). If a withdrawal or Standard Loan is taken from the Policy that results in a deduction from the Indexed Accounts, and the withdrawal or Standard Loan is not taken pursuant to a Systematic Distribution Program, then a Lockout Period will begin. During the Lockout Period you may not allocate all or a portion of a Net Premium, loan repayments or otherwise transfer Accumulated Value from the Fixed Account into the Indexed Accounts. Segment reallocations for any maturing Segment will be made according to your reallocation instructions.

Deductions from the Indexed Accumulated Value may be taken for monthly Policy charges, withdrawals or Standard Loans. **Segment Indexed Interest, if any, will be credited to the Segment and is equal to the Segment Indexed Interest Rate multiplied by the average of all Segment Monthly Balances over the entire Segment Term, multiplied by the Segment Adjustment Factor.** This means that Segment Indexed Interest will not be applied to amounts that are deducted from the Indexed Accounts over the Segment Term.

------

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Here is an example of how a withdrawal from the Policy affects Segment Indexed Interest.**<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● We create the Segment on January 15 with a $1,000 allocation.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● You have not taken a Standard Loan, and we have not deducted Policy charges from the Segment.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● On July 15, you take a single withdrawal of $300 from the Segment.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● At the end of the Segment Term, the Index Growth Rate and corresponding Segment Indexed Interest Rate are 8%. | &nbsp;&nbsp;**Here is an example of how a withdrawal from the Policy affects Segment Indexed Interest.**<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● We create the Segment on January 15 with a $1,000 allocation.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● You have not taken a Standard Loan, and we have not deducted Policy charges from the Segment.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● On July 15, you take a single withdrawal of $300 from the Segment.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● At the end of the Segment Term, the Index Growth Rate and corresponding Segment Indexed Interest Rate are 8%. |
| **<u>End of Segment Month</u>** | **<u>Segment Monthly Balance</u>** |
| February 14 | $1000 |
| March 14 | $1000 |
| April 14 | $1000 |
| May 14 | $1000 |
| June 14 | $1000 |
| July 14 | $1000 |
| August 14 | $700 |
| September 14 | $700 |
| October 14 | $700 |
| November 14 | $700 |
| December 14 | $700 |
| January 14<br>(of the following year) | $700 |
| &nbsp;&nbsp;The average monthly Segment balance is $850 (6 months × $1,000 + 6 months × $700, divided by 12).<br>The Segment Adjustment Factor is 1. | &nbsp;&nbsp;The average monthly Segment balance is $850 (6 months × $1,000 + 6 months × $700, divided by 12).<br>The Segment Adjustment Factor is 1. |
| &nbsp;&nbsp;The Segment Indexed Interest credited at Segment Maturity is $68 ($850 × 8% x 1= $68.00). Upon Segment Maturity, the final Segment Accumulated Value is $768 (the $700 remaining Segment balance plus the $68 Segment Indexed Interest). | &nbsp;&nbsp;The Segment Indexed Interest credited at Segment Maturity is $68 ($850 × 8% x 1= $68.00). Upon Segment Maturity, the final Segment Accumulated Value is $768 (the $700 remaining Segment balance plus the $68 Segment Indexed Interest). |

---

---

| |
|:---|
| **How surrenders affect Segment Indexed Interest** |
| Using the example above, if you surrender the Policy on July 15<sup>th</sup> instead of taking a withdrawal, you will forfeit the Segment Indexed Interest we would otherwise have credited, and the $1,000 Accumulated Value in the Segment is included in the Policy's Net Cash Surrender Value.<br>*Note:* Any Segment Guaranteed Interest that has already accrued and is part of your Accumulated Value will be included in your Policy's Net Cash Surrender Value. However, keep in mind, the Minimum Segment Guaranteed Interest rate is 0.0%, which means there will be no Segment Guaranteed Interest.* |

---

***Segment Maturity:*** 

We calculate Segment Indexed Interest, if any, and credit it to the Segment at Segment Maturity. We will never credit negative interest to the Indexed Fixed Options. The Segment ends at Segment Maturity and we allocate the Segment Maturity Value to the Investment Options according to your reallocation instructions on file with us. If you have not given us reallocation instructions, we will reallocate the Segment Maturity Value to a new Segment in the same Indexed Accounts. If the same Indexed Account is not available and there are not instructions for the Segment Maturity reallocation, it will be reallocated to the Fixed Account. Reallocation to a new Segment will be subject to the Participation Rate, Segment Adjustment Factor, or Growth Cap then in effect. The Cut-off Date for reallocation instructions is two business days before the Segment Maturity. Before the end of your Segment Term, please contact us at (800) 347-7787 or contact your financial professional for the current Participation Rate, Segment Adjustment Factor, or Growth Cap that will apply to a new Segment. If you are allocating to a Segment for the first time, you can contact us or ask your financial professional for information on the current Growth Caps prior to investment. You can find Segment start and maturity dates, current Segment activity, and additional information for all open, and recently matured Segments on your quarterly and annual Policy statements. However, if the Segment Maturity Value consists only of the Segment Indexed Interest, we will transfer such value into the Fixed Account. Segment Maturity Value could consist only of Segment Indexed Interest if the Segment Value at maturity is zero and the Policy is still In Force. For example, if the Policy is in grace or is being kept In Force by the No-Lapse Guarantee Rider.

The Segment Indexed Interest is the average of all Segment monthly balances over the entire Segment Term multiplied by the Segment Indexed Interest Rate, multiplied by the Segment Adjustment Factor.

The Segment monthly balance is, as of the end of any Segment Month, the amount initially transferred to the Segment minus all Segment Deductions. We calculate the Segment monthly balance as of the end of each Segment Month, and average these

------

amounts for determining the Segment Indexed Interest. You can find Segment start and maturity dates, current Segment activity, and additional information for all open, and recently matured Segments on your quarterly and annual Policy statements.

*Indexed Accounts with a Growth Cap* 

The Segment Index Interest Rate is one component used in the calculation of the Segment Indexed Interest

The Segment Indexed Interest Rate reflects the Index Growth Rate, and is equal to [the lesser of (a × b) and c] – d, but not less than zero, where:

a = Index Growth Rate;

b = Participation Rate (guaranteed to be no less than 100% for the 1-Year Indexed Account or 100% for the 1-Year High Cap Plus Indexed Account);

c = Growth Cap (will not be less than 2% for the 1-Year Indexed Account or 15% for the 1-Year High Cap Plus Indexed Account); and

d = Minimum Segment Guaranteed Interest Rate (0%).

*Minimum Indexed Benefit Rider* 

This benefit may provide an Indexed Termination Credit to the Policy when Accumulated Value is allocated to certain eligible indexed accounts and the eligible Indexed Account's Segment Indexed Interest credited is less than the charges (Indexed Fixed Option Charge and a portion of the Policy asset charge attributable to eligible indexed accounts). Currently, all Indexed Accounts are eligible indexed accounts. Only Indexed Accounts classified as an eligible indexed account will be used in the calculation of the Indexed Termination Credit. We reserve the right to classify additional Indexed Accounts or add new Indexed Accounts as an eligible indexed account at any time. Any Indexed Account that is classified as an eligible indexed account cannot be declassified as an eligible indexed account. We may cease offering one or more Indexed Accounts and if such Indexed Accounts were eligible indexed accounts, that <br>eligible indexed account will no longer be available. Any benefit provided by this benefit will remain until the Policy terminates.

The Indexed Termination Credit does not increase the Policy's Accumulated Value and will never go below zero. The Indexed Termination Credit is the greater of zero or the Indexed Termination Credit Accrued. The Indexed Termination Credit Accrued is an amount that starts at zero when the Policy is issued. It is a cumulative amount that is calculated as follows :

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The value of the Index Termination Credit as of the prior day,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Plus the Indexed Fixed Option Charge (currently 0.25% per month) attributable to the eligible Indexed Accounts as of each Monthly Payment Date,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Plus the portion of the Policy's asset charge rate (currently 0.0125% per month) multiplied by the Indexed Account Value of all eligible Indexed Account(s) as of each Monthly Payment Date,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Minus the Segment Indexed Interest Credited to eligible indexed accounts as of each Segment Maturity Date

The Indexed Termination Credit is used to determine the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The death benefit proceeds for Policies in a Grace Period and not in a Grace Period,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The Net Cash Surrender Value at the time of a full surrender (including exchanges and conversions) of the Policy,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● When the Policy enters a Grace Period,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The amount of payment due during a Grace Period, and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The amount of Premium required to reinstate the Policy

*Effect on the Policy and Other Riders* 

**Effect on the Death Benefit Proceeds for Policies in a Grace Period** – On the date of death, your Death Benefit calculated under the Policy's Death Benefit Options will include the Indexed Termination Credit when calculating the Death Benefit Proceeds.

**Effect on the Death Benefit Proceeds for Policies not in a Grace Period** – On the date of death, your Death Benefit calculated under Death Benefit Option B will include the Indexed Termination Credit when calculating the Death Benefit Proceeds.

**Effect on the Net Cash Surrender Value** – When the Policy is terminated by your request to surrender it, including for Policy exchange and conversions, the Policy's Net Cash Surrender Value will be increased by the Indexed Termination Credit, if any, calculated on the date of Policy Surrender. There are no other circumstances in which the Indexed Termination Credit may increase the Net Cash Surrender Value.

------

**Effect on the Grace Period and Lapse** – We will use the Policy's Accumulated Value plus the Indexed Termination Credit, if any, reduced by any Total Policy Debt to determine if the Policy will lapse. If that amount is not sufficient to provide for the Policy's Monthly Deductions, the Policy will enter the Grace Period.

*Coordination with an Accelerated Death Benefit Rider* 

The Indexed Termination Credit Accrued will be reduced by the Acceleration Percentage, as defined in the applicable rider, when a benefit payment is made under any rider that pays an accelerated death benefit. See the **OPTIONAL RIDERS AND BENEFITS** – Premier LTC Rider, Premier Chronic Illness <br>Rider, Premier Living Benefits Rider 2, or Terminal Illness Rider, as applicable, section in this prospectus for information on the Acceleration Percentage for a particular rider.

*Reinstatement* 

If the Policy lapses and is later reinstated, then this rider will also be reinstated. At such time, the Indexed Termination Credit will equal the Indexed Termination Credit on the date of lapse. Any premium required to reinstate the Policy will be reduced by any Indexed Termination Credit on the date of lapse.

*Termination* 

This rider will terminate on the date the Policy ceases to be In Force. You may not terminate this rider by Written Request.

#### Transferring Among Investment Options and Market-timing Restrictions

#### Transfers
You can transfer among your Investment Options any time during the life of your Policy without triggering any current income tax. If your state requires us to refund your premiums when you exercise your Free Look Right, you can make transfers and use transfer programs only after the Free Look Transfer Date. Your transfer of Accumulated Value on the Free Look Transfer Date does not count as a transfer for purpose of applying the limitations described in this section. You can make transfers by writing to us, by making a telephone or electronic transfer, or by signing up for one of our automatic transfer services. You will find more information about making telephone and electronic transfers in the **POLICY BASICS** section of this prospectus.

Transfers will normally be effective as of the end of the Business Day we receive your written, telephone or electronic request.

Here are some things you need to know about making transfers:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Transfers are limited to 25 for each calendar year. Any transfers to or from the Fixed Account will be counted towards the 25 allowed each calendar year unless part of a transfer program (for example, the first year transfer service) or if the transfer is from the Fixed Account to an Indexed Fixed Option.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● If you have used all 25 transfers available to you in a calendar year, you may no longer make transfers between the Investment Options until the start of the next calendar year. However, you may make 1 transfer of all or a portion of your Policy's Accumulated Value remaining in the Variable Investment Options into the Fidelity<sup>®</sup> VIP Government Money Market Variable Account prior to the start of the next calendar year.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● You may only make 2 transfers in any calendar month to or from each of the following Investment Options:

---

| | | |
|:---|:---|:---|
| Fidelity<sup>®</sup> VIP Bond Index Portfolio Initial Class | Fidelity<sup>®</sup> VIP International Index Portfolio Initial Class | Fidelity<sup>®</sup> VIP Total Market Index Portfolio Initial Class |

---

*For example*, if you transfer from the Fidelity VIP Bond Index Portfolio Initial Class to the Fidelity VIP Total Market Index Portfolio Initial Class, that counts as one transfer for each Investment Option. Only one more transfer involving those two Investment Options can occur during the calendar month. If you later transfer from the Fidelity VIP Bond Index Portfolio Initial Class to the Pacific Select Fund Growth Portfolio Class P, that would be the second transfer in the calendar month involving the Fidelity VIP Bond Index Portfolio and that Investment Option is no longer available for the remainder of the calendar month. All other Investment Options listed above would still be available to transfer into or out of for the remainder of the calendar month.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Additionally, only 2 transfers in any calendar month may involve any of the following Investment Options:

<br> Dimensional VA Internation Small Portfolio Institutional Class M International Equity Fund Vanguard VIF Global Bond Index Portfolio Institutional Class

*For example*, if you transfer from the DFA VA International Small Portfolio to the Pacific Select Fund Growth Portfolio Class P, that counts as one transfer for the calendar month. If you later transfer from the DFA VA International Small Portfolio to the Pacific Select Fund Floating Rate Income Portfolio Class P, that would be the second transfer for the calendar month and no more transfers will be allowed for any of the Investment Options listed above for the remainder of the calendar month.

For the purpose of applying the limitations, multiple transfers that occur on the same day are considered 1 transfer. Transfers into the Standard Loan Account, a transfer of Accumulated Value from the Standard Loan Account into your Investment Options following a

------

loan payment, transfers that occur as a result of the dollar cost averaging service, the portfolio rebalancing service, Fixed Option interest sweep service, approved corporate owned life insurance policy rebalancing programs, the first year transfer service or the Scheduled Indexed Transfer Program are excluded from the transfer limitations. Also, allocations of premium payments are not subject to these limitations.

Transfers to or from a Variable Investment Option cannot be made before the seventh calendar day following the last transfer to or from the same Variable Investment Option. If the seventh calendar day is not a Business Day, then a transfer may not occur until the next Business Day. The day of the last transfer is not considered a calendar day for purposes of meeting this requirement. For example, if you make a transfer into the Equity Index Variable Investment Option on Monday, you may not make any transfers to or from that Variable Investment Option before the following Monday. Transfers to or from the Fidelity<sup>®</sup> VIP Government Money Market Variable Account are excluded from this limitation.

There is no limit on the number of transfers into the Fixed Account other than the restriction that the total number of transfers cannot exceed 25 in a policy year. Transfers to the Fixed Options may be limited (see the **YOUR INVESTMENT OPTIONS – Fixed Options** section in this prospectus).

You can make one transfer in any 12-month period from each Fixed Option, except if you have signed up for the first year transfer service (see the **YOUR INVESTMENT OPTIONS – Transfer Services** section in this prospectus).

Transfers from the Fixed Account may be made into the Variable Investment Options. Transfers from the Fixed Account into the Variable Investment Options may be limited. Currently, we do not impose additional limitations on transfers and/or allocations from the Fixed Account to the Variable Investment Options. However, we reserve the right to impose limitations such transfers and allocations. We will provide you with appropriate notice of any such limitations. Please contact us or your life insurance producer to find out if limitations are currently in effect.

If you request a transfer to the Indexed Fixed Options and we receive your instructions by the Cutoff Date, we will make the transfer first to the Fixed Account and then to the Indexed Fixed Options on the next Segment Start Date.

Currently, there is no charge for making a transfer but we may charge you in the future. The maximum fee we will charge for a transfer is $25 per transfer in excess of 12 per Policy Year.

There is no minimum required value for the Investment Option you are transferring to or from.

There is no minimum amount required if you are making transfers between Variable Investment Options.

You cannot make a transfer if your Policy is in the Grace Period and is in danger of lapsing.

We can restrict or suspend transfers.

We will notify you or your representative if we refuse or delay your transfer request.

We have the right to impose limits on transfer amounts, the value of the Investment Options you are transferring to or from, or impose further limits on the number and frequency of transfers you can make. We have the right to terminate transfer privileges at any time. Any policy we establish with regard to the exercise of any of these rights will be applied uniformly to all Policy Owners.

There are no exceptions to the above transfer limitations in the absence of an error by us, a substitution of Investment Options, reorganization of underlying Funds, or other extraordinary circumstances.

We do not count the transfer from the Fixed Account to an Indexed Fixed Option towards the number of transfers you may make in Policy Year. Further, we do not count such transfer towards the number of transfers you may make in a Policy Year without a transfer fee.

You may not transfer from an Indexed Fixed Option until Segment Maturity. In addition, you may not allocate all or a portion of a Net Premium or Accumulated Value to the Indexed Fixed Option if your Policy is in a Lockout Period.

Upon Segment Maturity, the Segment Maturity Value cannot be transferred directly into the Variable Options. The Segment Maturity Value must first be transferred to the Fixed Account before it can be transferred to the Variable Options. You must provide us instructions prior to the Cut-off Date, to automatically transfer the Segment Maturity Value to the Fixed Account. Once the Segment Maturity Value is transferred to the Fixed Account, any transfers, thereafter from the Fixed Account to the Variable Options, will be subject to the Fixed Account transfer restrictions, which may increase the amount of time required to transfer the value into the Variable Options. Segment Maturity reallocations can be made directly to another Indexed Account as long as the maturing Segment has a value greater than 0.

***Market-timing restrictions*** 

The Policy is not designed to serve as a vehicle for frequent trading in response to short-term fluctuations in the market. Accordingly, organizations or individuals that use market-timing investment strategies and make frequent transfers should not purchase the Policy. Such frequent trading can disrupt management of the underlying Funds and raise expenses. The transfer limitations set forth above are intended to reduce frequent trading. As required by SEC regulation (Rule 22c-2 of the 1940 Act), we entered into written

------

agreements with each Fund or its principal underwriter that require us to provide to a Fund, upon Fund request, certain information about the trading activity of individual Contract Owners. The agreement requires us to execute any Fund instructions we receive that restrict or prohibit further purchases or transfers by specific Contract Owners who violate the frequent trading or market timing policies established by a Fund. The policies of a Fund may be more restrictive than our policies or the policies of other Funds. See the Fund prospectuses for additional information.

In addition, we monitor certain large transaction activity in an attempt to detect trading that may be disruptive to the Funds. In the event transfer activity is found to be disruptive, certain future subsequent transfers by such Policy Owners, or by a life insurance producer or other party acting on behalf of one or more Policy Owners, will require preclearance. Frequent trading and large transactions that are disruptive to Fund management can have an adverse effect on Fund performance and therefore your Policy's performance. Such trading may also cause dilution in the value of the Investment Options held by long-term Policy Owners. While these issues can occur in connection with any of the underlying Funds, Funds holding securities that are subject to market pricing inefficiencies are more susceptible to abuse. For example, Funds holding international securities may be more susceptible to time-zone arbitrage which seeks to take advantage of pricing discrepancies occurring between the time of the closing of the market on which the security is traded and the time of pricing of the Fund.

Our policies and procedures which limit the number and frequency of transfers and which may impose preclearance requirements on certain large transactions are applied uniformly to all Policy Owners, subject to the transfer restrictions outlined above. However, there is a risk that these policies and procedures will not detect all potentially disruptive activity or will otherwise prove ineffective in whole or in part. Further, we and our affiliates make available to our variable life insurance policy owners and variable annuity contract owners underlying Funds not affiliated with us. We are unable to monitor or restrict the trading activity with respect to shares of such Funds not sold in connection with our contracts. In the event the Board of Trustees/Directors of any underlying Fund imposes a redemption fee or trading (transfers) limitations, we will pass them on to you.

We reserve the right to restrict, in our sole discretion and without prior notice, transfers initiated by a market timing organization or individual or other party authorized to give transfer instructions on behalf of multiple Policy Owners. Such restrictions could include:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Not accepting transfer instructions from a representative acting on behalf of more than one Policy Owner, and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Not accepting preauthorized transfer forms from market timers or other entities acting on behalf of more than one Policy Owner at a time.

We further reserve the right to impose, without prior notice, restrictions on transfers that we determine, in our sole discretion, will disadvantage or potentially hurt the rights or interests of other Policy Owners.

------

**Transfer Services** 

We offer several services that allow you to make transfers of Accumulated Value or interest earnings from one Investment Option to another. Under the dollar cost averaging and portfolio rebalancing services, you can transfer among the Variable Investment Options. Under the first year transfer service, you can make transfers from the Fixed Account to the Variable Investment Options. Under the Fixed Option interest sweep service, you can transfer interest earnings from the Fixed Account to the Variable Investment Options. Under the Scheduled Indexed Transfer Program, you can schedule transfers from the Fixed Account to the Indexed Accounts.

We may restrict the number of transfer services in which you can participate at any time. Currently, you may use only one transfer service at any time. We have the right to discontinue, modify or suspend any of these transfer services at any time.

Detailed information regarding each transfer service appears in the SAI.

***Dollar cost averaging*** 

Our dollar cost averaging service allows you to make scheduled transfers of $50 or more between Variable Investment Options. It does not allow you to make transfers to or from either of the Fixed Options or the Indexed Fixed Options. We process transfers as of the end of the Business Day on your Policy's monthly, quarterly, semi-annual or annual anniversary, depending on the interval you choose. You must have at least $5,000 in a Variable Investment Option to start the service. The amount remaining in a Variable Investment Option after a transfer must be at least $500.

Since the value of accumulation units can change, more units are credited for a scheduled transfer when unit values are lower, and fewer units when unit values are higher. This allows you to average the cost of investments over time. By making allocations on a regularly scheduled basis, instead of on a lump sum basis, you may reduce exposure to market volatility. Investing this way does not guarantee profits or prevent losses.

We will not charge you for the dollar cost averaging service or for transfers made under this service, even if we decide to charge you in the future for transfers outside of the service, except if we have to by law.

Example

You instruct us to transfer $12,000 of Accumulated Value from one Variable Investment Option to another Variable Investment Option that you select over a 12-month period. Each month, we will transfer $1,000 based on the instructions provided.

***Portfolio rebalancing*** 

As the value of the underlying Funds changes, the value of the allocations to the Variable Investment Options will also change. The portfolio rebalancing service automatically transfers your Policy's Accumulated Value among the Variable Investment Options according to your original percentage allocations. We process transfers as of the end of the Business Day on your Policy's next quarterly, semi-annual or annual anniversary, depending on the interval you choose, unless you specify a different start date.

Because the portfolio rebalancing service matches your original percentage allocations, we may transfer money from an Investment Option with relatively higher returns to one with relatively lower returns.

We do not charge for the portfolio rebalancing service and we do not currently charge for transfers made under this service. If imposed, transfer fees could be substantial if total transfers scheduled under this service plus any unscheduled transfers you request exceed any applicable minimum guarantee of free transfers per Policy Year.

If at any time you move all or any portion of your Policy's Accumulated Value out of the Investment Options you selected at the time you enrolled in the portfolio rebalancing service, your enrollment will be cancelled. Once the portfolio rebalancing service is cancelled, you must wait 30 days before you can re-enroll.

Example

You allocate 25% of your Accumulated Value to four different Variable Investment Options (e.g. Variable Investment Option A, B, C and D) and instruct us to maintain that allocation every three months. You elect to have your Variable Investment Options rebalanced quarterly measured from the date your Policy was issued. Over the three-month period, the Accumulated Value in each of your Variable Investment Options will change due to market fluctuations. At the end of the three-month period, we will rebalance your values (buy and sell accumulation units) so that the Accumulated Value in each Variable Investment Option is back to 25% of the Accumulated Value.

***First year transfer*** 

Our first year transfer service allows you to make transfers from the Fixed Account to the Variable Investment Options during the Policy's first year. It does not allow you to transfer among Variable Investment Options. You enroll in the service when you apply for your Policy using the New Business Variable Life Optional Services form.

------

This service allows you to average the cost of investments over the first 12 months from the date your initial premium is applied to your Policy. Investing this way does not guarantee profits or prevent losses.

We do not charge for the first year transfer service and we do not currently charge for transfers made under this service. If imposed, transfer fees could be substantial if total transfers scheduled under this service plus any unscheduled transfers you request exceed any applicable minimum guarantee of free transfers per Policy Year.

Example

A Policy is issued and Accumulated Value is allocated to the Fixed Account with a request to use the first year transfer service. You choose the amount you want transferred each month for the first 12 months of the Policy. If you allocated $20,000 to the Fixed Account and instructed us to transfer $1,000 per month, we will transfer $1,000 for 12 consecutive months. After the 12 months, the service will terminate.

***Fixed Option interest sweep*** 

The Fixed Option interest sweep service allows you to make scheduled transfers of the accumulated interest earnings from the Fixed Account to the Variable Investment Options. At the time you complete the election form for the Fixed Option interest sweep service, you will select the Variable Investment Options to which you wish to transfer the interest earnings. Interest earnings subject to transfer under the Fixed Option interest sweep service will begin to accrue on the Policy's first monthly anniversary following your enrollment in the service. Each transfer must be at least $50. If the Fixed Account Option does not have interest earnings of at least $50, the transfer will be held until the next scheduled transfer date when the interest earnings are at least $50. Amounts transferred under the Fixed Option interest sweep service do not count against the Fixed Option transfer limitations or Investment Option transfer restrictions.

We do not charge for the Fixed Option interest sweep service and we do not currently charge for transfers made under this service. If imposed, transfer fees could be substantial if total transfers scheduled under this service plus any unscheduled transfers you request exceed any applicable minimum guarantee of free transfers per Policy Year.

***Scheduled Indexed Transfer Program*** 

Our Scheduled Indexed Transfer program (SIT) allows you to make scheduled transfers from the Fixed Account to the available Indexed Fixed Options. When you complete the form for the SIT, you must specify one of the two available methods to make the allocation: the Specified Amount method or the Period Depletion method.

If you select the Specified Amount method, you will request a specific amount to be transferred. This amount will be transferred until the Fixed Account has been depleted or the number of transfers specified have been completed.

If you select the Period Depletion method, you will specify the number of transfers you wish to make. Amounts will be reallocated from the Fixed Account into an Indexed Fixed Option using a declining balance calculation until the Fixed Account has been depleted.

Allocations from the Fixed Account to new Segments of an Indexed Fixed Option will occur on the Transfer Date after any other transfers or premium payment allocations have occurred.

------

**<u>WITHDRAWALS, SURRENDERS AND LOANS</u>**

You can take out all or part of your Policy's Accumulated Value while your Policy is In Force by making withdrawals or surrendering your Policy. You can take out a loan using your Policy as security. You can also use your Policy's loan and withdrawal features to supplement your income, for example, during retirement.

Making a withdrawal, taking out a loan or surrendering your Policy can change your Policy's tax status, generate taxable income, or make your Policy more susceptible to lapsing. Withdrawals and surrenders may have tax consequences, including a possible tax penalty if withdrawn before age 59½. Taking withdrawals and loans against your Policy may also increase the likelihood of your Policy lapsing. Be sure to plan carefully before using these Policy benefits.

If you withdraw a larger amount than your investment in your Policy, or if your Policy is classified as a Modified Endowment Contract, your withdrawal may be considered taxable income.

For more information on the tax treatment of withdrawals or loans, or in the event you surrender your Policy, see the **VARIABLE LIFE INSURANCE AND YOUR TAXES** section in this prospectus.

**Making Withdrawals** 

You can withdraw part of your Policy's Accumulated Value starting on your Policy's first anniversary and until the Monthly Deduction End Date. Here's how it works:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● You must send us a Written Request that's signed by all Owners.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Each withdrawal must be at least $200, and the Net Cash Surrender Value of your Policy after the withdrawal must be at least $500. Note that additional restrictions on the maximum withdrawal amount apply if the Premier LTC Rider or the Premier Chronic Illness Rider is elected. See the **OPTIONAL RIDERS AND BENEFITS** section and the rider specifications for more details.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● We will not accept your request to make a withdrawal if it will cause your Policy to become a Modified Endowment Contract, unless you have told us In Writing that you want your Policy to become a Modified Endowment Contract.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● We may charge you $25 for each withdrawal you make. (There is no charge currently imposed upon a withdrawal.)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The Accumulated Value, Cash Surrender Value and Net Cash Surrender Value of your Policy will be reduced by the amount of each withdrawal.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The withdrawal will be processed as an Account Deduction.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● If the Insured dies after you have sent a withdrawal request to us, but before we have made the withdrawal, we will deduct the amount of the withdrawal from any Death Benefit Proceeds owing.

***How withdrawals affect your Policy's Death Benefit*** 

Making a withdrawal will affect your Policy's Death Benefit in the following ways:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● If your Policy's Death Benefit does not equal the Minimum Death Benefit, the Death Benefit may decrease by the amount of your withdrawal.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● If your Policy's Death Benefit equals the Minimum Death Benefit, the Death Benefit may decrease by more than the amount of your withdrawal.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Because a withdrawal will reduce the Accumulated Value, and because the amount of the Death Benefit may be based on the Accumulated Value, a withdrawal may reduce the Death Benefit, depending on the Death Benefit Option chosen.

***How withdrawals affect your Policy's Face Amount*** 

If you have chosen Death Benefit Option B or Option C, making a withdrawal does not reduce your Policy's Total Face Amount.

If you have chosen Death Benefit Option A, then a withdrawal may reduce your Policy's Total Face Amount; however, the first withdrawal of each year in the first 15 Policy Years up to the lesser of $10,000 or 10% of the Net Cash Surrender Value will not reduce the Policy's Total Face Amount. If you withdraw a larger amount, or make additional withdrawals, the Total Face Amount will usually be reduced by the amount, if any, by which the Total Face Amount exceeds the result of the Death Benefit immediately before the withdrawal minus the amount of the withdrawal.

We reserve the right to refuse any withdrawal request that would reduce the Policy's Total Face Amount to less than $1,000 after the withdrawal.

------

---

| |
|:---|
| **An example of a withdrawal in the first 15 Policy Years** |
| For a Policy with a Total Face Amount of $250,000 and a Surrender Value of $80,000, the Owner may withdraw the lesser of $10,000 or $8,000 (10% × $80,000) without any reduction in Total Face Amount. <br>Example 1: Owner requests a withdrawal of $6,000. There will be no reduction in Total Face Amount. <br>Example 2: Owner requests a withdrawal of $10,000. The Total Face Amount reduction is the amount of the withdrawal, less the allowable withdrawal amount, or $2,000 ($10,000 – $8,000 = $2,000). The Total Face Amount following the withdrawal is $248,000 ($250,000 – $2,000 = $248,000). |

---

**Taking Out a Loan** 

You can borrow money from us any time after the Free Look Transfer Date. The maximum amount available to borrow is less than 100% of your Accumulated Value. There are two loan types that are available. The Standard Loan under your Policy and the Alternate Loan under the Alternate Loan Rider 3. Generally, the minimum amount you can borrow is $200 for a Standard Loan and $200 for an Alternate Loan. See the **APPENDIX: STATE LAW VARIATIONS** section in this prospectus for a list of state variations to the minimum loan amount.

A Standard Loan is available based on the Accumulated Value allocated to any of the Investment Options (including the Indexed Accounts). An Alternate Loan is only available based on the Accumulated Value allocated to certain Indexed Accounts (referred to as Designated Accounts for Alternate Loan purposes) and is not available until Policy Year 3.

Taking out a Standard Loan will affect the growth of your Policy's Accumulated Value, and may affect the Death Benefit. When you borrow money from us, we use your Policy's Accumulated Value as security. You pay interest on the amount you borrow. For a Standard Loan, the Accumulated Value set aside to secure your loan also earns interest.

You may request a Standard Loan either by sending us a request In Writing, over the telephone or electronically. You will find more information about requesting a loan by telephone or electronically in the **POLICY BASICS** section in this prospectus.

*How it works when you take out a Standard Loan and/or an Alternate Loan* 

When you take out a Standard Loan:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● To secure the loan, we transfer an amount equal to the amount you are borrowing from your Accumulated Value in the Investment Options to the Standard Loan Account. We will transfer the loan from the Investment Options that make up your Policy's Accumulated Value to the Standard Loan Account. The loan amount will be processed as an Account Deduction by transferring the amount proportionately from the Fixed Account Value and the Variable Account Value until each have been reduced to zero.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Interest owing on the amount you have borrowed accrues daily at an annual rate of 2.25%. Interest that has accrued during the Policy Year is due on your Policy Anniversary. Taking a loan or making a withdrawal from the Policy that results in a deduction from the Indexed Fixed Options, other than a withdrawal or loan pursuant to a Systematic Distribution Program, will cause a Lockout Period to begin. During the Lockout Period, you may not allocate any Net Premium payments, loan repayments or otherwise transfer Accumulated Value from the Fixed Account into the Indexed Fixed Options. Reallocations for any maturing Segment will be made according to your reallocation instructions.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The amount in the Standard Loan Account earns interest daily at an annual rate of at least 2.00%. On each Policy Anniversary, if the Standard Policy Debt exceeds the Standard Loan Account Value, then the excess is transferred from your Policy's Investment Options to the Standard Loan Account on a proportionate basis to the Standard Loan Account. If the Standard Loan Account Value exceeds Standard Policy Debt, then the excess will be transferred from the Standard Loan Account to the Investment Options according to your most recent premium allocation instructions.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● We currently intend to credit interest on the amount in the Standard Loan Account at an annual rate of 2.25% in Policy Year 6 and thereafter. We can decrease the rate credited if we believe the change is needed to ensure that your Policy loan is not treated as a taxable distribution under federal income tax laws, or under any applicable ruling, regulation, or court decision. We will not decrease the annual rate to less than 2.00% on the amount in the Standard Loan Account.

***When you take out an Alternate Loan:*** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● To secure the Alternate Loan, no money is transferred from the Indexed Fixed Options. The Alternate Loan amount remains invested in the Indexed Fixed Options (referred to as Designated Accounts for Alternate Loan purposes). Currently all available Indexed Fixed Options are Designated Accounts.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The Alternate Loan Value is how we keep track of the loan amount you have taken and there is no loan interest earned for the amount tracked by the Alternate Loan Value. The Accumulated Value will remain in the Designated Accounts and will be subject to the performance of that applicable Designated Account.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Interest owing on the amount borrowed accrues daily. On a guaranteed basis, the maximum Alternate Loan Interest Charged is 8.00% per year. The current interest charge is 4.75%. Interest that has accrued during the Policy Year is due on your Policy

------

Anniversary. Any such interest that has accrued and has not been paid is treated as a new Alternate Loan on that date and will be added to the Alternate Loan Value.

***How much you can borrow as a Standard Loan or Alternate Loan*** 

<u>Standard Loan</u> 

The maximum amount you may borrow on any date is equal to the Accumulated Value less:

o Three times the most recent monthly deduction that reduces the Accumulated Value under the Policy;

o Any Surrender Charge; and

o Any existing Total Policy Debt.

---

| |
|:---|
| **An example of how much you can borrow (Standard Loan)** <br>For a Policy in Policy Year 5 with:  |
| ● Accumulated Value of $100,000 <br>● Standard Policy Debt of $60,000 <br>● A most recent Monthly Deduction of $225 <br>● A Surrender Charge of $5,000 if the Policy was surrendered on the day the loan is taken.  |
| The maximum amount you can borrow is $34,325. (100,000 – (3 × 225) – 5,000 – 60,000)  |

---

<u>Alternate Loan</u>

The maximum amount of each Alternate Loan is equal to the lesser of the Standard Loan Amount available under the Policy and (a - b - c - d - e), where:

a = The Designated Account Value,

b = Interest on the Designated Account Value calculated to the end of the current Policy Year at the Alternate Loan Interest Charged rate,

c = Interest on any existing Standard Policy Debt calculated to the end of the current Policy Year at the Standard Loan Interest Charge rate,

d = The most recent Monthly Deduction multiplied by the number of Monthly Payment dates remaining in the current Policy Year, and

e = Any existing Alternate Policy Debt.

---

| |
|:---|
| **An example of how much you can borrow (Alternate Loan)** |
| For a Policy at the beginning of Policy Year 3 with: |
| ● Standard Loan Amount available for $120,000.<br>● Designated Account Value; a= $100,000<br>● Interest on Designated Account Value; b=$7,500 (Alternate Loan Interest Charge Rate (Maximum) of 7.5% x $100,000 = $7,500)<br>● Standard Policy Debt of $20,000 with interest due on Policy Year 3; c= $250 (Standard Loan Interest Charge Rate of 2.25% x $20,000 = $450)<br>● The most recent Monthly Deduction of $225 with 12 Monthly Payments remaining in the current Policy Year; d=$2,700 <br>● No existing Alternate Policy Debt; e=0 |
| Since the maximum Alternate Loan Amount is less than the Standard Loan Amount available ($120000), the maximum amount you can borrow is $87,550 ($100,000 – ($7500) – ($450) – ($2700) – ($0)) as an Alternate Loan. The Alternate Loan maximum is less than the Standard Loan Amount available |

---

***Paying off your Standard Loan and/or Alternate Loan*** 

You can pay off all or part of a Standard Loan or Alternate Loan any time while your Policy is In Force.

For Standard Loans, unless you tell us otherwise, we will generally transfer any loan payments you make proportionately to your Investment Options according to your most recent allocation instructions. We may, however, first transfer any loan payments you make to the Fixed Option or the Indexed Fixed Options, up to the amount originally transferred from the Fixed Option or the

------

Indexed Fixed Options to the Standard Loan Account. We will then transfer any excess amount to your Variable Investment Options and Indexed Fixed Options according to your most recent premium allocation instructions.

For Alternate Loans, any loan payments you make will reduce the Alternate Loan Account (including any repayment of Alternate Loan Interest Charged).

While you have Total Policy Debt (which includes any Standard Loan and Alternate Loan), we will treat any money you send us as a loan repayment unless you tell us otherwise in writing. Loan payments will first be applied to an Alternate Loan and then to a Standard Loan unless you tell us which loan (Standard Loan or Alternate Loan) the repayment should be applied to.

You can make monthly loan payments using our Electronic Funds Transfer Plan. Please see the **HOW YOUR PREMIUMS WORK- Paying Your Premium - *Monthly Electronic Funds Transfer Plan*** section in this prospectus for details.

***What happens if you do not pay off your Standard Loan or Alternate Loan*** 

If you do not pay off your Standard Loan and/or Alternate Loan, we will deduct the Total Policy Debt from one of the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The Death Benefit Proceeds before we pay them to your Beneficiary

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The Cash Surrender Value if you surrender your Policy.

Taking out a loan, whether or not you repay it, will have a permanent effect on the value of your Policy. For example, while your Policy's Accumulated Value is held in the Standard Loan Account, it will miss out on all earnings available in the Investment Options. The amount of interest you earn on the Standard Loan Account may also be less than the amount of interest you would have earned from the Fixed Option or the Indexed Fixed Options. Also, although your Accumulated Value remains in the Designated Accounts when you take out an Alternate Loan, there is no guarantee that the earnings in the

Designated Accounts will be greater than the Alternate Loan Interest Charged. These could lower your Policy's Accumulated Value, which could reduce the amount of the Death Benefit.

When a loan is outstanding, the amount in the Standard Loan Account is not available to help pay for any Policy charges. If, after deducting your Total Policy Debt, there is not enough Accumulated Value in your Policy to cover the Policy charges, your Policy could lapse. You may need to make additional premium payments or loan repayments to prevent your Policy from lapsing.

Your Total Policy Debt could result in taxable income if you surrender your Policy, if your Policy lapses, or if your Policy is a Modified Endowment Contract. You should talk to your tax advisor before taking out a loan under your Policy. See the **VARIABLE LIFE INSURANCE AND YOUR TAXES – Taxation of Distributions** section in this prospectus.

**Ways to Use Your Policy's Loan and Withdrawal Features** 

You can use your Policy's loan and withdrawal features to supplement your income, for example, during retirement. If you are interested in using your life insurance Policy to supplement your retirement income, please contact us for more information.

Setting up an income stream may not be suitable for all Policy Owners.

Here are some things you should consider when setting up an income stream:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**•** The rate of return you expect to earn on your Investment Options

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**•** How long you would like to receive regular income

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**•** The loan type (Standard Loan or Alternate Loan) and the interest rate that you pay on the debt

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**•** The amount of Accumulated Value you want to maintain in your Policy.

You can ask your life insurance producer for Illustrations showing how Policy charges may affect existing Accumulated Value and how future withdrawals and loans may affect the Accumulated Value and Death Benefit. You can also ask for accompanying charts and graphs that compare results from various retirement strategies. Taking withdrawals and loans against your Policy may increase the likelihood of your Policy lapsing.

***Understanding the risks*** 

Using your Policy to supplement your income does not change your rights or our obligations under the Policy. The terms for Standard Loans, Alternate Loans, and withdrawals described in this prospectus remain the same. It is important to understand the risks that are involved in using your Policy's Standard Loan, Alternate Loan, and withdrawal features. Use of these features may increase the chance of your Policy lapsing.

------

You should consult with your financial adviser and carefully consider how much you can withdraw and borrow from your Policy each year to set up your income stream.

#### Alternate Loan Rider 3
This rider provides for an Alternate Loan option in addition to the Standard Loan under the Policy. Starting in Policy Year 3, if you have Accumulated Value allocated to designated Indexed Accounts (called Designated Accounts for Alternate Loan purposes), you can take out an Alternate Loan, and the money backing the loan will remain invested in the Designated Account(s). Currently, all available Indexed Accounts are Designated Accounts (see C*hanges to Designated Accounts* below). You can have both an Alternate Loan and a Standard Loan under the Policy in effect at the same time. An Alternate Loan is not available until Policy Year 3. **This Rider is automatically added to the Policy at issue.** 

See the **YOUR INVESTMENT OPTIONS – Indexed Fixed Options** section in this prospectus for Indexed Accounts currently available.

*Rider Terms* 

**Alternate Loan** – is a loan that is secured by the Designated Account Value (the loan amount secured that remains in designated Indexed Accounts). The amount you may borrow is determined, in part, by how much of your Accumulated Value is allocated to the Designated Account(s).

**Alternate Loan Value** – the sum of the value of all Alternate Loans taken minus any Alternate Loan repayments.

**Alternate Policy Debt** – the amount necessary to repay the Alternate Loan(s) in full. It is equal to the Alternate Loan Value plus any accrued Alternate Loan Interest Charged.

**Designated Account** – an Indexed Account that we have classified as a Designated Account for the purposes of securing an Alternate Loan. We may add or remove Designated Accounts, at our discretion. See *Changes to Designated Accounts* below for additional information.

**Designated Account Value** – the sum of the Segment Values for all Segments in each Designated Account.

**Standard Policy Debt** – the amount necessary to repay the Standard Policy Loan(s) under your Policy in full. It is equal to the Standard Loan Account plus any accrued loan interest charge.

**Total Policy Debt** – is equal to the sum of any Alternate Policy Debt and any Standard Policy Debt.

*Alternate Loan Amounts Available* 

The minimum amount of each Alternate Loan is $200. The maximum amount of each Alternate Loan is equal to the lesser of the Standard Loan Amount available under the Policy and (a-b-c-d-e), where:

a = The Designated Account Value,

b = Interest on the Designated Account Value calculated to the end of the current Policy Year at the Alternate Loan Interest Charged rate,

c = Interest on any existing Standard Policy Debt calculated to the end of the current Policy Year at a rate that is equal to the difference between the Policy's Loan Interest Charge Rate and the Policy's Annual Loan Account Credit Interest Rate then in effect,

d = The most recent Monthly Deduction multiplied by the number of Monthly Payment dates remaining in the current Policy year, and

e = Any existing Alternate Policy Debt.

*Changes to Designated Accounts* 

We reserve the right to classify an additional Indexed Account as a Designated Account and to de-classify an existing Indexed Account as a Designated Account at any time. Additionally, the provisions in your Policy provide us the right to add additional Indexed Accounts or to terminate one or more of the Indexed Accounts at any time. We will notify you in writing, at your last known address, of any changes to the Indexed Account(s) identified as Designated Account(s) at least 30 calendar days before a change, and the notification will include a list of available Designated Account(s).

<u>Declassification of a Designated Account</u> 

If an Indexed Account is declassified as a Designated Account, we will provide you notification of the change which will include the effective date of the declassification of the Designated Account. On such date the following will apply:

------

The Segment Value of any Segment that has not yet matured will continue to contribute to the Designated Account Value until Segment Maturity.

Unless you specify by Written Request by the Cutoff Date, at Segment Maturity, the Segment Maturity Value will be reallocated to the same Indexed Account. This Indexed Account will not be considered a Designated Account and any value that is allocated to it will not contribute to the Designated Account Value.

On the first Monthly Payment Date following the effective date of declassification, any Excess Alternate Loan Value will be automatically reclassified as Standard Policy Debt as described in <u>Automatic Reclassification of Alternate Policy Debt as Standard Policy Debt below</u>.

<u>Termination of a Designated Account</u> 

If an Indexed Account that is also a Designated Account is terminated, we will provide you notification of the change which will include the effective date of the termination of the Designated Account and information regarding the reallocation of Segment Maturity Value upon Segment Maturity. On such date the following will apply:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The Segment Value of any Segment that has not yet matured will continue to contribute to the Designated Account Value until Segment Maturity.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Unless you specify otherwise by Written Request by the Cutoff Date, at Segment Maturity, the Segment Maturity Value will be reallocated to another Investment Option that we will identify in our notice to you. If this Investment Option is not a Designated Account, then any value that is allocated to it will not contribute to the Designated Account Value.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● On the first Monthly Payment Date following the effective date of the Segment Maturity, any Excess Alternate Loan Value will be automatically ![](tm2514841d2prosi007.jpg)reclassified as Standard Policy Debt as described in Automatic Reclassification of Alternate Policy Debt <u>as Standard Policy Debt below</u>.

*Reclassifying Loan Types* 

A reclassification occurs when all or a portion of Alternate Policy Debt is transferred to Standard Policy Debt, or if all or a portion of Standard Policy Debt is transferred to Alternate Policy Debt. Alternate Policy Debt and Standard Policy Debt may be reclassified upon Written Request as described below. In addition, Alternate Policy Debt may be automatically reclassified as Standard Policy Debt as described below. Reclassifying a loan type changes the way debt is secured and may also change the current interest rate and the amount of interest charged on that debt. It does not create a new loan, is not a loan repayment, and does not cause a reduction or increase, at the time of reclassification, in your Total Policy Debt.

<u>Reclassifying Standard Policy Debt as Alternate Policy Debt</u>

All or a portion of Standard Policy Debt may be reclassified as Alternate Policy Debt, by Written Request once in any twelve-month period provided the Maximum Alternate Loan Available is greater than or equal to zero and the Policy is not in a Lockout Period. A Lockout Period is a 12-month period of time during which you may not make any transfers into the Indexed Fixed Options. A Lockout Period begins any time a deduction is taken from the Indexed <br>Fixed Options as a result of a Standard Loan or withdrawal that is not part of a Systematic Distribution Program.

This type of reclassification will reduce the amount of Standard Policy Debt and will increase the amount of Alternate Policy Debt. Upon reclassification, the Standard Loan Account Value is decreased by the amount reclassified, and that amount is used to create a new Segment in the Designated Account(s) that you identify in your Written Request. The reclassification is effective on the Date of Reclassification, shown in the Policy Specifications.

Your Written Request for reclassification will be effective on the Segment Start Date After your Written Request is received, provided the Written Request is received by us before the Cut-Off Date, otherwise the reclassification is effective on the Segment Start Date next following your Written Request.

<u>Reclassifying Alternate Policy Debt as Standard Policy Debt</u>

All or a portion of Standard Policy Debt may be reclassified as Alternate Policy Debt, by Written Request once in any twelve-month period.

This type of reclassification will reduce the Alternate Policy Debt as an Account Deduction and will increase the amount of Standard Policy Debt. If this results in a decrease to the Indexed Account Value, then your Policy will enter a Lockout Period. A decrease in Indexed Account Value will not occur if there is enough Fixed Account Value and/or Variable Account Value to transfer to the Standard Loan Account and cover the reclassification amount. The reclassification is calculated and effective on the Reclassification Date. If we receive your Written Request before the end of a Business Day, the reclassification will be effective that Business Day. If your Written Request is received after the end of a Business Day, the reclassification will be effective <br>as of the next Business Day.

<u>Automatic Reclassification of Alternate Policy Debt as Standard Policy Debt</u>

------

On each Monthly Payment Date, we will check the value of the Excess Alternate Loan Value, described below. If such amount is greater than zero, we will automatically reclassify that portion of the Alternate Policy Debt that is equal to the Excess Alternate Loan Value, as Standard Policy Debt. This may occur more than one time in any twelve-month period and will occur even if the amount being reclassified exceeds the Policy's maximum Loan Amount Available. We will process the automatic loan reclassification on or immediately following the Monthly Payment Date on which there was Excess Alternate Loan <br>Value.

When automatic reclassification occurs, Alternate Policy Debt is reduced as an Account Deduction, and Standard Policy Debt is increased by the Excess Alternate Loan Value. Automatic reclassification will not cause the Policy to enter a Lockout Period.

Excess Alternate Loan Value is equal to (the lesser of (f-g) and h) – i, where:

f = The Accumulated Value,

g = The Standard Loan Account Value, if any,

h = The Alternate Loan Value, and

i = The Designated Account Value.

*Effect on the Policy and Other Riders* 

The Overloan Protection 3 Rider cannot be exercised while there is an Alternate Loan in effect. To exercise the Overloan Protection 3 Rider, the Policy Owner must request a reclassification from an Alternate Loan to a Standard Loan or pay off the Alternate Loan.

<u>Segment Maturity Value Reallocation</u>

When there is an Alternate Loan on your Policy, reallocation of Segment Maturity Value in the Designated Account(s) at Segment Maturity is affected. You may request to reallocate Segment Maturity Value to Indexed Account(s) that are Designated Account(s) and to those that are not Designated Indexed Account(s). However, any Segment Maturity Value Reallocation must result in sufficient Designated Account Value to satisfy (j + k + l), where:

j = The Alternate Policy Debt,

k = Loan interest calculated to the end of the current Policy Year, and

l = The most recent Monthly Deduction multiplied by the number of Monthly Payment Dates remaining in the current Policy Year.

If there is requested reallocation to any Indexed Account(s) that are not also Designated Account(s) and the requested reallocation results in a Designated Account Value that does not satisfy (j+k+l), as described above, then the Segment Maturity Value will be proportionately reallocated to the extent necessary for the resulting Designated Account Value to equal (j+k+l). If the Designated Account Value prior to reallocation is insufficient to satisfy (j+k+l), then any requested reallocation to those Indexed Account(s) that are not also Designated Indexed Accounts, will instead be reallocated to proportionately only to the Designated Accounts, following the Reallocation Instructions on file.

If the same Designated Account in which the Segment is allocated is not available at Segment Maturity, the Segment Maturity Value of that Segment will be reallocated as described in *Changes to Designated Accounts* subsection above.

*Termination* 

The rider will terminate on the date the Policy is no longer In Force. This Rider may not otherwise be terminated.

*Reinstatement* 

If the Policy lapses and is later reinstated, then this rider will also be reinstated except that in addition to any amount that must be paid, you must also provide sufficient premium, after reduction to cover any Alternate Loan Interest Charged, that is due and unpaid during the Grace Period.

**Automated Income Option** 

Our automated income option ("AIO") program allows you to make scheduled withdrawals or loans (Standard Loan or an Alternate Loan). Your Policy is eligible after the 7th Policy Anniversary. To begin the program, you must have a minimum Net Cash Surrender Value of $50,000, and your Policy must not qualify as a Modified Endowment Contract. With this program, you may only elect a Standard loan or an Alternate Loan, not both. Only one loan type is available for this program. You may switch between loan types, as long as the new election is 100% to the new loan type (for example, switch from a Standard Loan to an Alternate Loan must be 100%).

------

You request participation in the AIO program and specify your AIO preferences by sending us an AIO Request Form. If you wish to do so, contact your life insurance producer for an AIO Request Form.

There is no fee to participate in the AIO program. The $25 fee for withdrawals under the AIO program is currently waived.

Withdrawals and loans may reduce Policy values and benefits and may result in tax liability. They may also increase your risk of lapse. In order to minimize the risk of lapse, you should not take additional loans or withdrawals while you are in the AIO program. Any additional withdrawal or loan made that is not part of this option will cause this program to cancel and delay in restarting a new schedule under this option.

Withdrawals and loans under the AIO program may result in tax liability. Please consult your tax advisor. For more information, see the **VARIABLE LIFE INSURANCE AND YOUR TAXES** section in this prospectus.

You may discontinue participation in the AIO program at any time by sending a Written Request to us.

Detailed information appears in the SAI.

**Overloan Protection 3 Rider** 

Subject to availability in your state, your Policy will have an Overloan Protection 3 Rider if the Insured is Age 80 or younger and you elect the Guideline Premium Test as the Death Benefit Qualification Test. Exercise of this Rider will guarantee, as long as the Rider stays in effect, that the Policy will not lapse even if the Standard Policy Debt exceeds the Accumulated Value. For more information, please see the **OPTIONAL RIDERS AND BENEFITS** section in this prospectus**. This rider cannot be exercised while an Alternate Loan is in place. If you want to exercise this rider, you would have to request a transfer of any Alternate Loan to a Standard Loan.** 

**Surrendering Your Policy** 

You can surrender or cash in your Policy at any time it is In Force.

Here are some things you need to know about surrendering your Policy:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● You must send us your Policy and a Written Request.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● If a premium payment of over $1,000 was received within 10 business days of the surrender request, the premium amount received may be withheld from the surrender proceeds until we obtain verification the payment cleared the bank. The amount withheld will be noted on our surrender confirmation letter and a separate letter will be provided when the remainder of the proceeds are disbursed.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● We will send you the Policy's Net Cash Surrender Value. Surrender proceeds will be paid in a single lump sum check. We may make other options available in addition to the single check option.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Each Basic Life Coverage Layer, and each LTPR Coverage Layer, if any, has a 10-year Surrender Charge period.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● If you have a Basic Life Coverage Layer or LTPR Coverage Layer on your Policy that's been In Force for less than 10 Policy Years, a Surrender Charge will apply if you surrender your Policy.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The Policy cannot be surrendered during the Grace Period.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The Surrender Charge for each Basic Life Coverage layer is based on the Face Amount of that Coverage Layer and the Age and Risk Class of the Insured, and the Death Benefit Option, on the date the Coverage Layer is effective. The Maximum Surrender Charge is the sum of the surrender charge on each Coverage Layer that has an associated surrender charge.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● If you elect the LTPR, each LTPR Coverage Layer has a surrender charge associated with LTPR Coverage which increases the total Surrender Charge under the Policy while the Rider is in effect. The surrender charge for each LTPR Coverage Layer is based on the Face Amount of that Coverage Layer and the Age and Risk Clas of the Insured, and the Death Benefit Option, as of the date the Coverage Layer is effective. The Rider's total surrender charge is the sum of the Surrender Charges on each Coverage Layer that has an associated Surrender Charge. The surrender charge associated with LTPR Coverage at Policy issue = (LTPR surrender charge rate \* LTPR Face Amount at issue). The new surrender charge on an LTPR Coverage Layer increase = (LTPR surrender charge rate \* LTPR Face Amount increase).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The Policy's total Surrender Charge is the sum of the Basic Life Coverage Surrender Charge and the surrender charge associated with LTPR Coverage, if applicable. The Policy total Surrender Charge at issue = (base Surrender Charge rate \* Basic Face Amount at issue) + (LTPR surrender charge rate \* LTPR Face Amount at issue). The total Surrender Charge at Policy issue is shown on the Policy Specifications.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● If you increase your Policy's Face Amount, through a Basic Life Coverage increase or an LTPR Coverage increase, we will send you a Supplemental Schedule of Coverage that shows the Surrender Charge associated with the increase.

------

Your Policy has an initial Surrender Charge, which includes the amount of the surrender charge associated with LTPR Coverage, if in effect. The initial Surrender Charge decreases on each Monthly Payment Date by 1/12 of the Reduction Factor until the charge becomes $0 after 10 Policy Years. The initial Surrender Charge, the Surrender Charge at the end of each Policy Year, the Reduction Factor (the amount by which the Surrender Charge is reduced) and the last year in which a Surrender Charge is assessed are shown in the maximum Surrender Charge table in your Policy Specifications.

---

| |
|:---|
| ***Example*** |
| For a Policy that insures a male non-smoker, Age 45 at Policy issue, with a Policy Face Amount of $100,000 <br>Initial Surrender Charge = $1,180.80 <br>Reduction Factor = 0 (the Surrender Charge has a one-year level period) <br>In Policy month 1, the Surrender Charge is: $1,180.80 ($1,180.80 – (0) |

---

If there have been decreases in the Basic Life Coverage Layer Face Amount, or the LTPR Coverage Layer Face Amount, if any, including decreases due to withdrawals, the applicable Surrender Charge rate will not change for that Coverage Layer as a result of the decrease. However, if all LTPR Coverage Layers are terminated by Written Request, or if the Rider Face Amount is reduced to zero due to a Death Benefit Option change, a requested Face Amount decrease, or a withdrawal, the LTPR Termination Charge will be deducted from the Policy's Accumulated Value, and the Policy's Surrender Charge will be reduced by and no longer include the amount of the surrender charge associated with LTPR Coverage. The highest Surrender Charge rate described is the guaranteed maximum charge. We may charge less than such guaranteed maximum charge. Any lesser charge will apply uniformly to all members of the same Class.

In addition, any Coverage Layer representing an increase in Basic Life Coverage or LTPR Coverage will have associated Surrender Charge rates and Reduction Factor which will be provided in a Supplemental Schedule of Coverage. The Surrender Charge rates for any such Coverage Layer will be effective as of the Coverage Layer Date and as of the beginning of each Coverage Year thereafter, and will decrease in the same manner as the initial Coverage Layer.

There is no Surrender Charge on any Coverage Layer after 10 Policy years from the date the Coverage Layer is effective.

We guarantee the Surrender Charge rates for any Coverage Layer will not increase.

If you decrease the Face Amount, the decrease will not affect your Surrender Charge under the Policy or the LTPR. However, if all LTPR Coverage Layers are terminated by Written Request, or if the Rider Face Amount is reduced to zero due to a Death Benefit Option change, a requested Face Amount decrease, or a withdrawal, the LTPR Termination Charge will be deducted from the Policy's Accumulated Value, and the Policy's Surrender Charge will be reduced by the amount of the surrender charge associated with LTPR Coverage.

**Example:** 

A male non-smoker, Age 55 is issued a policy with an initial Policy Face Amount of $100,000. In month 70, there is an increase in basic life coverage of $250,000, for a total policy face amount of $350,000. The initial $100,000 is Coverage Layer 1, and the $250,000 is Coverage Layer 2.

In Policy month 1, the Surrender Charge is: $4,164 ($100,000 \* 0.041640 – (0))

Coverage Layer 1 Reduction Factor = 0 (the surrender charge has a one-year level period)

In Policy month 12, the Surrender Charge is: $4,164 ($100,000 \* 0.041640 – (0))

Coverage Layer 1 Reduction Factor = 0 (the surrender charge has a one-year level period)

In Policy month 70, the Surrender Charge is: $13,220.10 (($100,000 \* 0.031224 – (9/12) \* (416.4) + $250,000 \* 0.041640 – (0))

Coverage Layer 1 Reduction Factor = 416.4 ($100,000 \* 0.031224 - $100,000 \* 0.027060)

Coverage Layer 2 Reduction Factor = 0 (the surrender charge has a one-year level period)

The maximum guaranteed coverage charge on this policy is in month 70 and is $13,220.10. <br>

------

#### GENERAL INFORMATION ABOUT YOUR POLICY
This section tells you some additional things you should know about your Policy.

**Paying the Death Benefit in the Case of Suicide** 

If the Insured, whether sane or insane, commits suicide within two years of the Policy Date, Death Benefit Proceeds will be the total of all premiums you have paid, less any Total Policy Debt, withdrawals and LTC Benefit Amount processed and any withdrawals you have made. Also see the **APPENDIX: STATE LAW VARIATIONS** – PAYING THE DEATH BENEFIT IN THE CASE OF SUICIDE section in this prospectus.

If you reinstate your Policy and the Insured commits suicide, while sane or insane, within two years of the latest reinstatement date, the Death Benefit Proceeds will be the sum of the premiums paid, less any benefits paid under this Policy or Riders attached to this Policy, and less the sum of any Policy loans and withdrawals taken, since the latest reinstatement date.

If the Insured commits suicide, while sane or insane, after two years from the Policy Date but within two years of any increase in Total Face Amount or, if applicable, the latest reinstatement date after any such increase, the Death Benefit Proceeds will be limited by the following adjustments:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Any such increase in Total Face Amount will be excluded;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Refund of the portion of Monthly Deductions associated with any such increase will be included; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Premium load associated with the portion of Monthly Deductions referred to in 2) above will be included.

**Replacement of Life Insurance or Annuities** 

The term replacement has a special meaning in the life insurance industry. Before you make a decision to buy, we want you to understand what impact a replacement may have on your existing insurance policy.

A replacement occurs when you buy a new life insurance policy or annuity contract, and a policy or contract you already own has been or will be:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Lapsed, forfeited, surrendered or partially surrendered, assigned to the replacing insurer, or otherwise terminated;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Converted to reduced paid-up insurance, continued as extended term insurance, or otherwise reduced in value by the use of nonforfeiture benefits or other policy values;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Amended to effect either a reduction in benefits or in the term for which Coverage would otherwise remain In Force or for which benefits would be paid;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Reissued with any reduction in cash value; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Pledged as collateral or subject to borrowing, whether in a single loan or under a schedule of borrowing over a period of time.

There are circumstances when replacing your existing life insurance policy or annuity contract can benefit you. As a general rule, however, replacement is not in your best interest. A replacement may affect your plan of insurance in the following ways:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● You will pay new acquisition costs;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● You may have to submit to new medical examinations;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● You may pay increased premiums because of the increased age or changed health of the Insured;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Claims made in the early Policy Years may be contested;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● You may have to pay Surrender Charges and/or income taxes on your current Policy or contract values;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Your new Policy or contract values may be subject to Surrender Charges; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● If part of a financed purchase, your existing Policy or contract values or Death Benefit may be reduced.

You should carefully compare the costs and benefits of your existing policy or contract with those of the new Policy or contract to determine whether replacement is in your best interest.

**Policy Exchange** 

------

If your Policy is issued in Connecticut, you may exchange this Policy for a policy with benefits that do not vary with the investment results of a Separate Account. You must request this in writing within 18 months of your Policy Date and return the original Policy.

The new policy will have the same Owner, Beneficiary and Cash Surrender Value as those of your original Policy on the date of exchange. It will also have the same issue Age, Policy Date, Face Amount, benefits, Riders and underwriting class as the original Policy. However, if your Risk Class is not available, the Policy will be issued with a comparable risk classification. Any Total Policy Debt will be carried over to the new policy. Evidence of insurability will not be required.

**Errors on Your Application** 

If the sex or birth date of the Insured is stated incorrectly on your application and it is discovered on or after the death of the Insured, the Death Benefit under your Policy will be the greater of the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The Death Benefit based on a Net Amount At Risk adjusted by the ratio of the incorrect cost of insurance rate to the correct cost of insurance rate for the Insured's sex and Age, or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The Minimum Death Benefit for the correct sex and birth date.

If the Insured's sex or birth date is misstated in the application and it is discovered before the death of the Insured, we will not recalculate the Accumulated Value, but we will use the correct sex and birth date of the Insured in calculating future Monthly Deductions.

**Contesting the Validity of Your Policy** 

We have the right to contest the validity of your Policy for two years from the Policy Date. Once your Policy has been In Force for two years from the Policy Date during the lifetime of the Insured, we generally lose the right to contest its validity.

We also have the right to contest the validity of a Policy that you reinstate for two years from the day that it was reinstated. Once your reinstated Policy has been In Force for two years from the reinstatement date during the lifetime of the Insured, we generally lose the right to contest its validity. During this period, we may contest your Policy only if there is a material misrepresentation on your application for reinstatement.

We have the right to contest the validity of an increase in the Face Amount of a Policy for two years from the day the increase becomes effective. Once the increased Face Amount has been In Force for two years during the lifetime of the Insured, we generally lose the right to contest its validity.

Regardless of the above, we can contest the validity of your Policy for failure to pay premiums at any time or if the Policy was procured by fraud. The Policy will terminate upon successful contest with respect to the Insured.

**Assigning Your Policy as Collateral** 

**Non-participating** 

This Policy will not share in any of our surplus earnings.

**Policy Changes** 

We reserve the right to make any change to the provisions of this Policy to comply with, or give you the benefit of, any federal or state statute, rule, or regulation, including but not limited to requirements for life insurance contracts under the Tax Code or of any state. We will provide you with a copy of any such change, and file such a change with the insurance supervisory official of the state in which this Policy is delivered, and any other applicable regulatory authority. You have the right to refuse any such change.

**Lost Policy** 

If you lose your Policy, you may request a Certificate of Coverage free of charge. To request a Certificate of Coverage or a duplicate Policy, please contact us for a Certificate of Insurance/ Duplicate Policy Request Form.

**Audits of Premiums/Loans** 

You may request us to run a report of premium payments you have made or loan transactions under your Policy.

------

**Risk Class Change** 

If you have a change in Risk Class, such as a change in smoking status or health, you can request us to review your Risk Class. Changing your Risk Class may change the rates used for cost of insurance and may also change the rates on any Riders on your Policy which base charges on Risk Class. We may charge you a fee of up to $100 at the time you request us to change your Risk Class.

------

#### VARIABLE LIFE INSURANCE AND YOUR TAXES
The tax consequences of owning a Policy or receiving proceeds from it may vary by jurisdiction and according to the circumstances of each Owner or Beneficiary.

The following is based on our understanding of the present federal income tax laws as they are currently interpreted by the Internal Revenue Service (IRS). It is based on the Internal Revenue Code (the Tax Code) and does not cover any state or local tax laws. More detailed information appears in the SAI.

We do not know whether the current treatment of life insurance policies under current federal income tax or estate or gift tax laws will continue. We also do not know whether the current interpretations of the laws by the IRS or the courts will remain the same. Future legislation may adversely change the tax treatment of life insurance policies. This may affect the performance and underlying tax assumptions of this Policy, including any Riders. In some cases, these changes could result in a decrease in Policy values or lapse.

**We do not make any guarantees about the tax status of your Policy, and you should not consider the discussion that follows to be tax advice. This is not a complete discussion of all federal income tax questions that may arise under a Policy. There are special rules that we do not include here that may apply in certain situations. Speak to a qualified tax advisor for complete information about federal, state and local taxes that may apply to you.** 

**The Policy as Life Insurance** 

Death benefits from a life insurance policy may generally be excluded from income under Section 101(a) of the Tax Code unless an interest in the Policy was transferred for valuable consideration, including in a reportable policy sale, as defined in Section 101(a)(3) (B).

We believe that the Policy meets the statutory definition of life insurance for federal income tax purposes. That means it will receive the same tax advantages as a conventional fixed life insurance policy. The two main tax advantages are:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● In general, your Policy's Beneficiary will not be subject to federal income taxes when he or she receives the Death Benefit Proceeds unless the Policy was acquired through a sale by a previous Owner, or if the Death Benefit Proceeds are received in a series of installments.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● You will generally not be taxed on your Policy's Accumulated Value unless you receive a cash distribution by making a withdrawal, surrendering your Policy, or in some instances, taking a loan from your Policy or collaterally assigning the Accumulated Value.

**Policy Features and Charges** 

The tax laws defining life insurance do not cover all policy features. Your Policy may have features that could prevent it from qualifying as life insurance. For example, the tax laws have yet to fully address:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Substandard risk policies

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Policies with term insurance on the Insured

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Life insurance policies that continue Coverage beyond Age 100, or other advanced ages.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Certain features available to you, either in the Policy or in an attached rider.

We intend to follow the safe harbor guidance provided by the IRS in Revenue Procedure 2010-28, 2010-10 I.R.B. 270 on the statutory definition of life insurance contracts that continue beyond age 100, however, the guidance did not address all issues that may impact a contract at these later ages. You should consult your tax advisor, as there may be tax consequences.

The Tax Code and tax regulations impose limitations on unreasonable mortality and expense charges for purposes of determining whether a policy qualifies as life insurance for federal tax purposes. We can change our mortality charges if we believe the changes are needed to ensure that your Policy qualifies as a life insurance contract.

**Diversification Rules and Ownership of the Separate Account** 

Your Policy will not qualify for the tax benefit of a life insurance contract unless, among other requirements, the Separate Account follows certain rules requiring diversification of investments underlying the Policy. Section 817(h) of the Tax Code and related Treasury Regulations describe the diversification rules.

For a variable life insurance policy to qualify for tax deferral, assets in the Separate Accounts supporting the Policy must be considered to be owned by the insurance company and not by the Policy Owner. If a Policy Owner is treated as having control over the underlying assets, the Policy Owner will be taxed currently on income and gains from the account and in such a case of "investor control" the Policy Owner would not derive the tax benefits normally associated with variable life insurance.

------

For more information about diversification rules, please refer to the Pacific Select Fund prospectus. For more information regarding investor control, please refer to the SAI.

**Policy Exchanges** 

If you exchange your Policy for another one that insures the same person, it generally will be treated as a tax-free exchange under Section 1035 of the Code and, if so, will not result in the recognition of gain or loss unless you no longer have a substantial family, business, or financial relationship with the Insured. In that case, the exchange of the Policy is considered a reportable policy sale that may result in current taxation of any gain in the Policy at the time of the sale and also subject a portion of the Death Benefit to taxation. If the Policy Owner or the person Insured by the Policy is changed, the exchange will be treated as a taxable exchange.

**Change of Ownership** 

You may have taxable income if you transfer ownership of your Policy, sell your Policy, or change the ownership of it in any way. This may include the transfer or sale of any entity or business that owns a Policy. The determination of taxation upon a change of Ownership cannot be determined by Pacific Life. Please consult your tax advisor for advice on your specific situation.

**Corporate or Employer Owners** 

There are special tax issues for employer Owners:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Section 101(j) of the Tax Code generally provides that Death Benefits paid in connection with certain life insurance policies involving an employer will be taxable income. Employer-involved policies issued or materially modified on or after August 18, 2006 may be subject to income tax liability on the Policy's Death Benefit unless certain requirements and conditions of Section 101(j) are met.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Using your Policy to informally fund a promised deferred compensation benefit for executives may have special tax consequences.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Corporate ownership of a Policy may affect your liability under the alternative minimum tax (Section 56 of the Tax Code) and the environmental tax (Section 59A of the Tax Code).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Where a business is the Owner of the Policy, Section 264(f) of the Tax Code may disallow a portion of the entity's interest expense unless, at the time the Policy is issued, the Insured is an officer, director, employee, or 20% owner of the business. If the Policy is later exchanged for a new life insurance Policy, the Insured must meet this exception at the time the new Policy is issued.

Please consult your tax advisor for these and other special rules for employer-involved Policies.

***Loans and corporate-owned policies*** 

If you borrow money to buy or carry certain life insurance policies, tax law provisions may limit the deduction of interest. If the taxpayer is an entity that's a direct or indirect Beneficiary of certain life insurance, endowment or annuity contracts, a portion of the entity's deductions for loan interest may be disallowed, even though this interest may relate to debt that's completely unrelated to the contract.

**Modified Endowment Contracts** 

Section 7702A of the Tax Code defines a class of life insurance policies known as "Modified Endowment Contracts". If your Policy is a Modified Endowment Contract, any distributions you receive during the life of the Policy are treated less favorably than under non- MEC life insurance policies. Withdrawals, loans, pledges, assignments and the surrender of your Policy are all considered distributions and may be subject to tax on an income-first basis and a 10% penalty.

***When a Policy becomes a Modified Endowment Contract*** 

A life insurance policy becomes a Modified Endowment Contract if, at any time during the first seven policy years, the sum of actual premiums paid exceeds the seven-pay limit. The seven-pay limit is the cumulative total of the level annual premiums (or seven-pay premiums) required to pay for the Policy's future death and endowment benefits.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;***An Example*** <br>For a policy with seven-pay premiums of $1,000 a year, the maximum premiums you could pay during the first seven years to avoid modified endowment treatment would be: <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● $1,000 in the first year <br>

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● $2,000 through the first two years <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● $3,000 through the first three years, etc.<br>

If there is a material change to your Policy, like a change in the Death Benefit, we may have to retest your Policy and restart the seven- pay premium period to determine whether the change has caused the Policy to become a Modified Endowment Contract.

**Taxation of Distributions** 

Tax treatment of distributions from your Policy's Accumulated Value may be treated differently, depending upon whether your Policy is a Modified Endowment Contract.

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;**LIFE INSURANCE POLICY**<br>**(non-Modified Endowment Contract)** | **MODIFIED ENDOWMENT CONTRACT** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**<u>Surrendering your Policy</u>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**<u>Surrendering your Policy</u>** |
| Proceeds are taxed to the extent they exceed the investment in the contract<sup>1</sup>  | Proceeds are taxed to the extent they exceed the investment in the contract. <br>3  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**<u>Making a withdrawal</u>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**<u>Making a withdrawal</u>** |
| &nbsp;&nbsp;&nbsp;&nbsp;If you make a withdrawal after your Policy has been In Force for 15 years, you will only be taxed on the amount you withdraw that exceeds the investment in the contract. <br>Special rules apply if you make a withdrawal within the first 15 Policy Years. If there is a reduction in benefits and an applicable distribution of policy value in the prior two years, a portion of the distribution may be taxable.  | You will be taxed on the amount of the withdrawal that's considered income (i.e. gain)<sup>2</sup> |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**<u>Taking out a loan</u>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**<u>Taking out a loan</u>** |
| You will not pay tax on the loan amount unless your Policy is surrendered, lapses or matures and you have not repaid your Total Policy Debt  | You will be taxed on the amount of the loan that's considered income, including all previously non-taxed gains.  |
| <sup>1</sup> The investment in the contract is generally the premiums you have paid plus any taxable distributions less any withdrawals or premiums previously recovered that were taxable. <br><sup>2</sup> Income (i.e. gain) is the difference between the Accumulated Value and the investment in the contract. <br>3 Distributions under Modified Endowment Contracts may be subject to an additional 10% penalty tax.  | <sup>1</sup> The investment in the contract is generally the premiums you have paid plus any taxable distributions less any withdrawals or premiums previously recovered that were taxable. <br><sup>2</sup> Income (i.e. gain) is the difference between the Accumulated Value and the investment in the contract. <br>3 Distributions under Modified Endowment Contracts may be subject to an additional 10% penalty tax.  |

---

All Modified Endowment Contracts issued to you in a calendar year by us or our affiliates are treated as a single contract when we calculate whether a distribution amount is subject to tax. In addition, an assignment of policy cash value may be treated as a distribution under the contract.

***10% penalty tax on Modified Endowment Contracts*** 

If any amount you receive from a Modified Endowment Contract is taxable, you may also have to pay a penalty tax equal to 10% of the taxable amount. A taxpayer will not have to pay the penalty tax if any of the following exceptions apply:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● You are at least 59½ years old;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● You are receiving an amount because you have become disabled;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● You are receiving an amount that's part of a series of substantially equal periodic payments, paid out at least annually. These payments may be made for your life or life expectancy or for the joint lives or joint life expectancies of you and your Beneficiaries.

***Distributions before a Policy becomes a Modified Endowment Contract*** 

If your Policy fails the seven-pay test and becomes a Modified Endowment Contract, any amount you receive or are deemed to have received during the two years before it became a Modified Endowment Contract may be taxable. The distribution would be treated as having been made in anticipation of the Policy's failing to meet the seven-pay test.

------

**Federal Estate Taxes** 

According to the Tax Cuts and Jobs Act of 2017, the federal estate tax exemption amount has been temporarily increased to $10,000,000 per person (indexed for inflation effective for tax years after 2011); the maximum estate tax rate is 40%. For 2021, the indexed exemption amount is $11,700,000. In 2026, the federal estate tax exemption amount is scheduled to revert to $5,000,000 per person (indexed for inflation for years after 2011).

**Optional Policy Benefits and Riders** 

***Riders providing Accelerated Death Benefits*** 

If you exercise a Rider that accelerates the Death Benefit under the Policy in connection with certain chronic or terminal illnesses, the amounts received under the Rider may qualify for favorable tax treatment under Section 101(g) of the Tax Code.

However, benefits under the Rider that are paid to someone other than a person insured by the Policy will be taxed if either Insured:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Is a director, officer or employee of the person receiving the benefit, or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Has a financial interest in a business of the person receiving the benefit.

Payment of an accelerated death benefit will reduce the Death Benefit, associated cost of insurance charges, and other values under the Policy. Further, the premium limitations and Death Benefits required for the Policy to qualify as a life insurance policy or avoid being classified as a Modified Endowment Contract under the Tax Code will also be affected.

Benefits paid by accelerating the policy's Death Benefit may qualify for favorable tax treatment under Section 101(g) of the Tax Code. Tax treatment of an accelerated death benefit due to terminal illness depends on your life expectancy at the time benefits are accelerated.

Accelerated death benefit payments received due to a chronic illness may be taxable in certain situations, such as when benefit payments are made from multiple policies or when benefit amounts exceed certain IRS limitations (referred to as "per diem" limitations).

Under the Premier LTC Rider, the Pension Protection Act of 2006 provides that any LTC Rider charges under the Policy are treated as non-taxable distributions from your Policy. The LTC Rider charges will reduce your Policy's cost basis, but not below zero. We will report these charges to you in the year in which the charge was assessed on IRS Form 1099-R.

Pacific Life cannot determine the taxability of benefit payments. Tax laws relating to accelerated death benefits are complex. Receipt of accelerated death benefits may affect eligibility for public assistance programs such as Medicaid. Clients are advised to consult with qualified and independent legal and tax advisors for more information prior to receiving benefits.

***Income payments from Net Cash Value or Death Benefit Proceeds*** 

Your Policy contains provisions that allow for all or a portion of the Net Cash Surrender Value or Death Benefit to be paid in a series of installments. In addition, certain policies may have Optional Riders that provide for installment benefits. These installments may be for a certain period of time, or may be payable based upon the life of one or more individuals.

Under the rules of Section 72 of the Tax Code, each payment made will be comprised of two portions: A portion representing a return of the investment in the contract, and the remainder representing interest. The Exclusion Ratio as defined in Section 72(b) is used to determine what amount of each payment is excluded from tax reporting.

The calculation of the Exclusion ratio is based upon these two policy values as of the date the amount of the installment payment is being determined:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The portion of the Net Cash Surrender Value or Death Benefit Proceeds being applied to the installment benefit;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The investment in the contract.

The portion of each payment that is treated as a return of the investment in the contract is equal to the Exclusion Ratio multiplied by the Payment Amount. For installments payments that are based upon the life of one or more individuals, once the investment in the contract has been depleted any subsequent payment(s) would be treated as a return of interest and thus fully taxable.

------

#### ABOUT PACIFIC LIFE
Pacific Life Insurance Company is a life insurance company domiciled in Nebraska. Along with our subsidiaries and affiliates, our operations include life insurance, annuity, institutional products, mutual funds, broker-dealer operations, and investment and advisory services.

We were originally organized on January 2, 1868, under the name "Pacific Mutual Life Insurance Company of California" and reincorporated as "Pacific Mutual Life Insurance Company" on July 22, 1936. On September 1, 1997, we converted from a mutual life insurance company to a stock life insurance company ultimately controlled by a mutual holding company and were authorized by California regulatory authorities to change our name to Pacific Life Insurance Company. On September 1, 2005, Pacific Life changed from a California corporation to a Nebraska corporation. Pacific Life is a subsidiary of Pacific LifeCorp, a holding company, which, in turn, is a subsidiary of Pacific Mutual Holding Company, a mutual holding company. Under their respective charters, Pacific Mutual Holding Company must always hold at least 51% of the outstanding voting stock of Pacific LifeCorp, and Pacific LifeCorp must always own 100% of the voting stock of Pacific Life. Owners of Pacific Life's annuity contracts and life insurance policies have certain membership interests in Pacific Mutual Holding Company, consisting principally of the right to vote on the election of the Board of Directors of the mutual holding company and on other matters, and certain rights upon liquidation or dissolutions of the mutual holding company.

Our executive office is at 700 Newport Center Drive, Newport Beach, California 92660.

#### How Our Accounts Work
We own the assets in our General Account and our Separate Account. We allocate your Net Premiums to these Accounts according to the Investment Options you have chosen.

#### General Account
Our General Account includes all of our assets,including the Fixed Options and Indexed Fixed Options, except for those held in our Separate Accounts. We guarantee you an interest rate for up to one year on any amount allocated to the Fixed Options or the Indexed Fixed Options. The rate is reset annually. The Fixed Options and Indexed Fixed Options are part of our General Account, which we may invest as we wish, according to any laws that apply. We will credit at least the guaranteed rate even if the investments we make earn less. Unlike the Separate Account, the General Account is subject to liabilities arising from any of our other business. Our obligations under the Policy which include the Death Benefit and other benefits provided under any rider, are paid from the General Account. Our ability to pay these guarantees is backed by our financial strength and claims paying ability as a company. You must look to the company's strength with regard to policy guarantees. We can provide you with reports of our ratings as an insurance company and our ability to pay claims with respect to our General Account assets.

The Fixed Options and Indexed Fixed Options are not securities, so they do not fall under any securities act. However, other federal securities laws will apply to the accuracy and completeness of the disclosure about the Fixed Options or the Indexed Fixed Options.

#### Separate Account
Amounts allocated to the Variable Investment Options are held in our Separate Account. The assets in this account are kept separate from the assets in our General Account and our other separate accounts, and are protected from our general creditors. The assets of the Separate Account may not be used to pay any liabilities of the Company other than those arising from the Policies and any other policies supported by the Separate Account.

The Separate Account is divided into Variable Accounts. Each Variable Account invests in shares of a corresponding Fund. Information regarding the Funds available through the Separate Account, including the Fund name, investment objective, the investment adviser and any sub-adviser, current expenses, and performance is available in an appendix to this Prospectus. See the APPENDIX: FUNDS AVAILABLE UNDER THE POLICY section in this prospectus. Each Fund has issued a prospectus that contains more detailed information about each Fund, and may be found at www.PacificLife.com.

We are the legal owner of the assets in the Separate Account, and pay its operating expenses. We do not hold ourselves out to be trustees of the Separate Account assets. The Separate Account is operated only for our variable life insurance policies. Pacific Life is obligated to pay all amounts promised to Policy Owners under the terms of the Policy. We must keep assets in the Separate Account equal to the reserves and policy liabilities (i.e. amounts at least equal to the aggregate Variable Account Value) sufficient to pay obligations under the insurance policies funded by the Separate Account and may only transfer to the General Account assets of the Separate Account which exceed such reserves and Policy liabilities. Some of the money in the Separate Account may include charges we collect from the account and any investment results on those charges.

Income, gains, and losses credited to, or charged against, the Separate Account reflect the Separate Account's own investment experience and not the investment experience of our other assets.

Similarly, the income, gains or losses, realized or unrealized, of the assets of any Variable Account belong to that Variable Account and are credited to or charged against the assets held in that Variable Account without regard to our other income, gains or losses.

------

#### Making changes to the Separate Account
We can add, change or remove any Fund that the Separate Account or any Variable Account holds or buys.

We can substitute shares of one Fund with shares of another Fund if:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Any Fund is no longer available for investment; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Our management believes that a Fund is no longer appropriate in view of the purposes of the Policy.

We will give you any required notice or receive any required approval from Policy Owners or the SEC before we substitute any shares. We will comply with the filing or other procedures established by insurance regulators as required by law.

We can add new Variable Accounts, which may include additional subaccounts of the Separate Account, to serve as Investment Options under the Policies. These may be managed separate accounts or they may invest in a new Fund, or in shares of another investment company or one of its portfolios, or in a suitable investment vehicle with a specified investment objective.

We can add new Variable Accounts when we believe that it is warranted by marketing needs or investment conditions. We will decide on what basis we will make new Variable Accounts available to existing Policy Owners.

We can also cease offering any of our Variable Accounts if we believe marketing, tax, or investment conditions warrant it. If we cease offering any Variable Account, we will provide any required notice or receive any required approval from Policy Owners or the SEC, as applicable.

If we make any changes to Variable Accounts or substitution of Funds, we can make appropriate changes to this Policy or any of our other policies, by appropriate endorsement, to reflect the change or substitution.

If we believe it is in the best interests of people holding voting rights under the Policies and we meet any required regulatory approvals we can do the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Operate the Separate Account as a management investment company, unit investment trust, or any other form permitted under securities or other laws (the Separate Account's current form is a unit investment trust);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Register or deregister the Separate Account under the Investment Company Act (the Separate Account is currently registered);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Combine the Separate Account with one of our other separate accounts or our affiliates' separate accounts;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Combine one or more Variable Accounts;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Create a committee, board or other group to manage the Separate Account;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Change the classification of any Variable Account.

#### Taxes we pay
We may be charged for state and local taxes. Currently, we pay these taxes because they are small amounts with respect to the Policy. If these taxes increase significantly, we may deduct them from the Separate Account.

We may charge the Separate Account for any federal, state and local taxes that apply to the Separate Account or to our operations. This could happen if our tax status or the tax treatment of variable life insurance changes.

#### Voting Rights
We are the legal owner of the shares of the Funds that are held by the Variable Accounts. We may vote on any matter at shareholder meetings of the Funds. However, we are required by law to vote as you instruct on the shares relating to your allocation in a Variable Investment Option. This is called your *voting interest*.

Your voting interest is calculated as of a day set by the Board of Trustees or Board of Directors of a Fund, called the *record date*. Your voting interest equals the Accumulated Value in a Variable Investment Option divided by the net asset value of a share of the corresponding Fund. Fractional shares are included. If allowed by law, we may change how we calculate your voting interest.

We will send you documents from the Fund called *proxy materials*. They include information about the items you will be voting on and forms for you to give us your instructions. We will vote shares held in the Separate Account for which we do not receive voting instructions in the same proportion as all other shares in the Fund held by the Separate Account for which we have received timely instructions. If we do not receive any voting instructions for the shares in a separate account, we will vote the shares in the same proportion as the total votes for all of our separate accounts for which we have received timely instructions. As a result of proportional voting, the votes cast by a small number of policy owners may determine the outcome of a vote.

We will vote shares of any Fund we hold in our General Account in the same proportion as the total votes for all of our separate accounts, including this Separate Account. We will vote shares of any Fund held by any of our non-insurance affiliates in the same proportion as the total votes for all of our separate accounts and those of our insurance affiliates.

If the law changes to allow it, we can vote as we wish on shares of the Fund(s) held in the Separate Account.

When required by state insurance regulatory authorities, we may disregard voting instructions that:

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Would change a Fund's investment objective or subclassification;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Would approve or disapprove an investment advisory contract.

We may disregard voting instructions on a change initiated by Policy Owners that would change a Fund's investment policy, investment adviser or Fund manager if:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Our disapproval is reasonable;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● We determine in good faith that the change would be against state law or otherwise be inappropriate, considering the Fund's objectives and purpose, and considering what effect the change would have on us.

If we disregard any voting instructions, we will include a summary of the action we took and our reasons for it in the next report to Policy Owners.

#### Distribution Arrangements
Pacific Select Distributors, LLC ("PSD"), a broker-dealer and our subsidiary, pays various forms of sales compensation to broker-dealers (including other affiliates) that solicit applications for the Policies. PSD also may reimburse other expenses associated with the promotion and solicitation of applications for the Policies.

We offer the Policies for sale through broker-dealers that have entered into selling agreements with PSD. Broker-dealers sell the Policies through their financial professionals who have been appointed by us to sell our products. PSD pays compensation to broker-dealers for the promotion and sale of the Policies. The individual financial professional who sells you a Policy typically will receive a portion of the compensation, under the representative's own arrangement with his or her broker-dealer.

Commissions are paid to Broker Dealers on Basic Life Coverage, as well as on any term insurance added to the Policy under the LTPR or SVER, and on the Premier LTC Rider and Premier Chronic Illness Rider. Commissions are based on "target" premiums we determine. The commissions we pay vary with the agreement, but the most common schedule of commissions we pay is:

● 95% of premiums paid up to the first target premium

● 3% of premiums paid above the target premium up to ten times the target premium

● 1% of premiums paid thereafter.

We pay a different schedule of commissions on SVER Coverage. The most common schedule of commissions we pay on the SVER is:

● [60% of premiums paid up to the first target premium

● 2% of premiums paid above the target premium up to ten times the target premium

● 1% of premiums paid thereafter.]

A target premium is a hypothetical premium that is used only to calculate commissions. It varies with the Death Benefit Option you choose, the Age of the Insured on the Policy Date, and the sex (unless unisex rates are required) and Risk Class of the Insured. A Policy's target premium is generally derived relative to the seven-pay premium at issue. Before you buy a Policy, you can ask us or your financial professional for a personalized Illustration that shows you the seven-pay premium.

Your financial professional typically receives a portion of the compensation that is payable to his or her broker-dealer in connection with the Policy, depending on the agreement between your financial professional and his or her firm. Pacific Life is not involved in determining that compensation arrangement, which may present its own incentives or conflicts.

*Because your financial professional may receive a higher commission percentage under the base Policy, your financial professional may have a financial incentive to recommend more Basic Life Coverage under the Policy instead of a combination of Basic Life Coverage with Coverage under any of the three optional insurance riders available under the Policy: the LTPR, SVER, and S-ARTR. Before selecting or increasing the amount of one or more types of Coverage under this Policy, you should determine, after examining the features, fees, and benefits of each type of Coverage (Basic Life, LTPR, SVER, and /or S-ARTR), that the type and amount of Coverage you elect aligns with your insurance needs and financial objectives. You may ask your financial professional how he/she will personally be compensated for the transaction.* 

PSD or an affiliate may pay broker-dealers an annual renewal commission of up to 0.10% of a Policy's Accumulated Value less any

------

Total Policy Debt, or starting on the 7th Policy Anniversary, an annual target premium renewal commission of up to 2%. We calculate the renewal amount monthly and it becomes payable on each Policy Anniversary.

In addition to the commissions described above, we and/or an affiliate may pay additional cash compensation from their own resources in connection with the promotion and solicitation of applications for the Policies by some, but not all, broker-dealers. The range of additional cash compensation based on premium payments usually ranges from 0% to 45% of premiums paid up to the first target premium, but generally does not exceed 1.50% of commissions paid on premium thereafter. Such additional compensation may give Pacific Life greater access to financial professionals of the broker-dealers that receive such compensation. While this greater access provides the opportunity for training and other educational programs so that your financial professional may serve you better, this additional compensation also may afford Pacific Life a "preferred" status at the recipient broker-dealer and provide some other marketing benefit such as website placement, access to financial professional lists, extra marketing assistance, or other heightened visibility and access to the broker-dealer's sales force that otherwise influences the way that the broker-dealer and the financial professional market the Policies.

We may also provide compensation to broker-dealers for providing ongoing service in relation to Policies that have already been purchased.

#### Additional Compensation and Revenue Sharing
To the extent permitted by SEC and FINRA rules and other applicable laws and regulations, selling broker dealers may receive additional payments in the form of cash, other special compensation or reimbursement of expenses, sometimes called "revenue sharing". These additional compensation or reimbursement arrangements may include, for example, payments in connection with the firm's "due diligence" examination of the Policies, payments for providing conferences or seminars, sales or training programs for invited financial professionals and other employees, payments for travel expenses, including lodging, incurred by financial professionals and other employees for such seminars or training programs, seminars for the public, advertising and sales campaigns regarding the Policies, and payments to assist a firm in connection with its administrative systems, operations and marketing expenses and/or other events or activities sponsored by the firms. Subject to applicable FINRA rules and other applicable laws and regulations, PSD and its affiliates may contribute to, as well as sponsor, various educational programs, or promotions in which participating firms and their salespersons may receive prizes such as merchandise, cash, or other awards. Such additional compensation may give us greater access to financial professionals of the broker-dealers that receive such compensation or may otherwise influence the way that a broker-dealer and financial professional market the Policies.

These arrangements may not be applicable to all firms, and the terms of such arrangements may differ between firms. We provide additional information on special compensation or reimbursement arrangements involving selling firms and other financial institutions in the SAI, which is available upon request. Any such compensation, which may be significant at times, will not result in any additional direct charge to you by us.

The compensation and other benefits provided by PSD or its affiliates, may be more or less than the overall compensation on similar or other products. This may influence your financial professional or broker-dealer to present this Policy over other investment vehicles available in the marketplace. You may ask your financial professional about these differing and divergent interests, how he/she is personally compensated and how his/her broker-dealer is compensated for soliciting applications for the Policy.

We may agree to waive or reduce some or all of such charges and/or credit additional amounts under our Policies, for those Policies sold to persons who meet criteria established by us, who may include current and retired officers, directors and employees of us and our affiliates, trustees of the Pacific Select Fund, financial professionals and employees of broker/dealers with a current selling agreement with us and their affiliates, and immediate family members of such persons ("Eligible Persons"). We will credit additional amounts to Policies owned by Eligible Persons. If such Policies are purchased directly through Pacific Select Distributors, LLC (PSD), Eligible Persons will not be afforded the benefit of services of any other broker/dealer and will bear the responsibility of determining whether a variable life insurance Policy, optional benefits and underlying Investment Options are appropriate, taking into consideration age, income, net worth, tax status, insurance needs, financial objectives, investment goals, liquidity needs, time horizon, risk tolerance and other relevant information. In addition, Eligible Persons who purchased their Policy through PSD, must contact us directly with servicing questions, Policy changes and other matters relating to their Policies.

The amount credited to Policies owned by Eligible Persons will equal the reduction in expenses we enjoy by not incurring brokerage commissions in selling such Policies, with the determination of the expense reduction and of such crediting being made in accordance with our administrative procedures. These credits will be added to an eligible persons Policy after the Free Look Transfer Date has occurred, or, if premiums are paid using the monthly Electronic Funds Transfer plan, on the first Policy Anniversary.

Fund managers of the underlying Funds available under this Policy may help pay for conferences or meetings sponsored by us or PSD relating to management of the Funds and our variable life insurance products.

Please refer to the SAI for additional information on distribution arrangements and the conflicts of interest that they may present.

------

#### State Regulation
On September 1, 2005, Pacific Life redomesticated to Nebraska. We are subject to the laws of the state of Nebraska governing insurance companies and to regulations issued by the Commissioner of Insurance of Nebraska. In addition, we are subject to the insurance laws and regulations of the other states and jurisdictions in which we are licensed or may become licensed to operate.

An annual statement in a prescribed form must be filed with the Commissioner of Insurance of Nebraska and with regulatory authorities of other states on or before March 1<sup>st</sup> in each year. This statement covers our operations for the preceding year and our financial condition as of December 31<sup>st</sup> of that year. Our affairs are subject to review and examination at any time by the Commissioner of Insurance or his agents, and subject to full examination of our operations at periodic intervals.

#### Legal Proceedings and Legal Matters
In the ordinary course of business, we, like other insurance companies, are subject to various legal proceedings (including class actions). It is not possible to predict with certainty the ultimate outcome of any pending legal proceeding, however, at the present time, we believe that we, the Separate Account, and PSD are not involved in any legal proceeding that would have a material adverse effect on the Separate Account, the ability of PSD to perform its duties as distributor, or on our ability to meet our obligations under the Policy.

#### Financial Statements
Pacific Life's financial statements and the financial statements of Pacific Select Exec Separate Account of Pacific Life are incorporated by reference in the Statement of Additional Information to the filed Form N-VPFS.

------

#### APPENDIX: FUNDS AVAILABLE UNDER THE POLICY
The following is a list of Funds available under the Policy. More information about the Funds is available in the prospectuses for the Funds, which may be amended from time to time. You can also request this information at no cost by calling (800) 347-7787 or by sending an email request to PolicyService@PacificLife.com. Depending on the optional benefits you choose, you may not be able to invest in certain Funds. See the **Allowable Investment Options** section after the Fund table below. Certain Funds may not be available depending on the broker-dealer through which the Policy is sold. See **APPENDIX: FINANCIAL INTERMEDIARY VARIATIONS** in this Prospectus for more information.

The current expenses and performance information below reflects fees and expenses of the Funds, but do not reflect the other fees and expenses that your Policy may charge. Expenses would be higher and performance would be lower if these other charges were included. Each Fund's past performance is not necessarily an indication of future performance.

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Investment Objective** | **Fund; Advisor (Subadvisor)** | **Current Expense** | **Average Annual Total Returns** | **Average Annual Total Returns** | **Average Annual Total Returns** |
| **Investment Objective** | **Fund; Advisor (Subadvisor)** | **Current Expense** | **[(as of 12/31/2025)]** | **[(as of 12/31/2025)]** | **[(as of 12/31/2025)]** |
|  |  |  | **1 Year**  | **5 Year**  | **10 Year**  |
| Provide high total return (including income and capital gains) consistent with preservation of capital over the long term.  | **American Funds IS Asset Allocation Fund Class 1; Capital Research and Management Company℠**  | 0.29% | 16.73% | 8.59% | 8.59% |
| The fund has two primary investment objectives. It seeks (1) to provide a level of current income that exceeds the average yield on U.S. stocks generally and (2) to provide a growing stream of income over the years. Secondary objective is to provide growth of capital. | **American Funds IS Capital Income Builder<sup>®</sup> Class 1; Capital Research and Management Company℠**  | 0.28%<sup>1</sup>  | 10.45% | 6.28% | 5.70% |
| Provide, over the long term, with a high level of total return consistent with prudent investment management. Total return comprises the income generated by the fund and the changes in the market value of the fund's investments.  | **American Funds IS Capital World Bond Fund Class 1; Capital Research and Management Company℠**  | 0.48% | -2.76% | -2.16% | 0.16% |
| Provide growth of capital.  | **American Funds IS Growth Fund Class 1; Capital Research and Management Company℠**  | 0.34% | 31.96% | 19.12% | 16.88% |
| Provide long-term capital appreciation.  | **American Funds IS New World Fund<sup>®</sup> Class 1; Capital Research and Management Company℠**  | 0.57%<sup>1</sup>  | 6.86% | 4.80% | 6.49% |
| Provide as high a level of current income as is consistent with the preservation of capital.  | **American Funds IS The Bond Fund of America Class 1; Capital Research and Management Company℠**  | 0.23%<sup>1</sup>  | 1.50% | 0.57% | 1.93% |
| Produce income and to provide an opportunity for growth of principal consistent with sound common stock investing.  | **American Funds IS Washington Mutual Investors Fund Class 1; Capital Research and Management Company℠**  | 0.25%<sup>1</sup>  | 19.40% | 12.47% | 10.54% |
| Seeks high total investment return.  | **BlackRock Global Allocation V.I. Fund Class I; BlackRock Advisors, LLC**  | 0.77%<sup>1</sup>  | 9.23% | 6.01% | 5.59% |
| Seeks to achieve long-term capital appreciation.  | **Dimensional VA International Small Portfolio Institutional Class (formerly DFA VA International Small Portfolio); Dimensional Fund Advisors, LP**  | 0.39% | 3.82% | 4.11% | 5.91% |

---

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Investment Objective** | **Fund; Advisor (Subadvisor)** | **Current Expense** | **Average Annual Total Returns** | **Average Annual Total Returns** | **Average Annual Total Returns** |
| **Investment Objective** | **Fund; Advisor (Subadvisor)** | **Current Expense** | **[(as of 12/31/2025)]** | **[(as of 12/31/2025)]** | **[(as of 12/31/2025)]** |
|  |  |  | **1 Year**  | **5 Year**  | **10 Year**  |
| Seeks to achieve long-term capital appreciation.  | **Dimensional VA International Value Portfolio Institutional Class (formerly DFA VA International Value Portfolio); Dimensional Fund Advisors, LP**  | 0.28% | 6.62% | 7.08% | 5.62% |
| Achieve a stable real return in excess of the rate of inflation with a minimum of risk.  | **Dimensional VA Short-Term Fixed Portfolio Institutional Class (formerly DFA VA Short-Term Fixed Portfolio); Dimensional Fund Advisors, LP**  | 0.12% | 5.48% | 1.91% | 1.57% |
| Achieve long-term capital appreciation.  | **Dimensional VA U.S. Targeted Value Portfolio Institutional Class (formerly DFA VA U.S. Targeted Value Portfolio); Dimensional Fund Advisors, LP**  | 0.28% | 8.14% | 12.55% | 9.46% |
| Seeks long-term capital appreciation.  | **Fidelity<sup>®</sup> VIP Contrafund<sup>®</sup> Portfolio Initial Class; Fidelity Management & Research Company LLC**  | 0.56% | 33.79% | 17.04% | 13.62% |
| Seeks capital appreciation.  | **Fidelity<sup>®</sup> VIP Energy Portfolio Initial Class; Fidelity Management & Research Company LLC**  | 0.60% | 4.30% | 12.41% | 4.45% |
| Seeks to provide investment results that correspond to the total return of stocks of mid- to small-capitalization U.S. companies.  | **Fidelity<sup>®</sup> VIP Extended Market Index Portfolio Initial Class; Fidelity Management & Research Company LLC**  | 0.12% | 12.31% | 8.80% | N/A  |
| Seeks to provide investment results that correspond to the aggregate price and interest performance of the debt securities in the Bloomberg Barclays U.S. Aggregate Bond Index.  | **Fidelity<sup>®</sup> VIP Bond Index Portfolio Initial Class; Fidelity Management & Research Company LLC**  | 0.14% | 1.21% | -0.46% | N/A  |
| Seeks high total return. (Principal preservation as the fund approaches its target date and beyond is of secondary importance.)  | **Fidelity<sup>®</sup> VIP Freedom 2030 Portfolio℠ Initial Class; Fidelity Management & Research Company LLC**  | 0.51% | 9.41% | 6.50% | 7.30% |
| Seeks high total return. (Principal preservation as the fund approaches its target date and beyond is of secondary importance.)  | **Fidelity<sup>®</sup> VIP Freedom 2035 Portfolio℠ Initial Class; Fidelity Management & Research Company LLC**  | 0.55% | 11.03% | 7.84% | 8.28% |
| Seeks high total return with a secondary objective of principal preservation as the fund approaches its target date and beyond.  | **Fidelity<sup>®</sup> VIP Freedom 2040 Portfolio℠ Initial Class; Fidelity Management & Research Company LLC**  | 0.59% | 13.10% | 9.10% | 8.95% |
| Seeks high total return. (Principal preservation as the fund approaches its target date and beyond is of secondary importance.)  | **Fidelity<sup>®</sup> VIP Freedom 2045 Portfolio℠ Initial Class; Fidelity Management & Research Company LLC**  | 0.86% | 13.54% | 9.06% | 8.80% |
| Seeks high total return with a secondary objective of principal preservation as the fund approaches its target date and beyond.  | **Fidelity<sup>®</sup> VIP Freedom 2050 Portfolio℠ Initial Class; Fidelity Management & Research Company LLC** | 0.61% | 13.83% | 9.34% | 9.06% |

---

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Investment Objective** | **Fund; Advisor (Subadvisor)** | **Current Expense** | **Average Annual Total Returns** | **Average Annual Total Returns** | **Average Annual Total Returns** |
| **Investment Objective** | **Fund; Advisor (Subadvisor)** | **Current Expense** | **[(as of 12/31/2025)]** | **[(as of 12/31/2025)]** | **[(as of 12/31/2025)]** |
|  |  |  | **1 Year**  | **5 Year**  | **10 Year**  |
| Seeks high total return with a secondary objective of principal preservation as the fund approaches its target date and beyond.  | **Fidelity<sup>®</sup> VIP Freedom 2055 Portfolio℠ Initial Class; Fidelity Management & Research Company LLC**  | 0.61% | 13.80% | 9.32% | N/A  |
| Seeks high total return with a secondary objective of principal preservation as the fund approaches its target date and beyond.  | **Fidelity<sup>®</sup> VIP Freedom 2060 Portfolio℠ Initial Class; Fidelity Management & Research Company LLC**  | 0.61% | 13.89% | 9.35% | N/A  |
| Seeks high total return with a secondary objective of principal preservation as the fund approaches its target date and beyond.  | **Fidelity<sup>®</sup> VIP Freedom 2065 Portfolio℠ Initial Class; Fidelity Management & Research Company LLC**  | 0.62% | 13.85% | 9.34% | N/A  |
| Seeks high total return. (Principal preservation is of secondary importance.)  | **Fidelity<sup>®</sup> VIP Freedom Income Portfolio℠ Initial Class; Fidelity Management & Research Company LLC**  | 0.37% | 4.45% | 2.51% | 3.45% |
| Seeks as high a level of current income as is consistent with preservation of capital and liquidity.  | **Fidelity<sup>®</sup> VIP Government Money Market Portfolio Initial Class; Fidelity Management & Research Company LLC**  | 0.25% | 5.10% | 2.33% | 1.62% |
| Seeks to provide investment results that correspond to the total return of foreign developed and emerging stock markets.  | **Fidelity<sup>®</sup> VIP International Index Portfolio Initial Class; Fidelity Management & Research Company LLC**  | 0.17% | 5.11% | 4.10% | N/A  |
| Seeks to provide investment results that correspond to the total return of a broad range of U.S. stocks.  | **Fidelity<sup>®</sup> VIP Total Market Index Initial Class; Fidelity Management & Research Company LLC**  | 0.12% | 23.69% | 13.75% | N/A  |
| Seeks long-term capital growth, consistent with preservation of capital and balanced by current income. | **Janus Henderson Balanced Portfolio Institutional Shares; Janus Henderson Investors US LLC** | 0.62% | 15.43% | 8.33% | 8.66% |
| Seeks to provide maximum capital appreciation. | **M Capital Appreciation Fund; Frontier Capital Management Company, LLC** | 0.98%  | 9.94%  | 9.04%  | 8.67% |
| Seeks to provide long-term capital appreciation. | **M International Equity Fund; Dimensional Fund Advisors, LP** | 0.74%  | 3.96%  | 4.59%  | 3.61% |
| Seeks to provide long-term capital appreciation. | **M Large Cap Growth Fund; DSM Capital Partners LLC** | 0.58%  | 25.50%  | 14.12%  | 13.87% |
| Seeks to provide long-term capital appreciation. | **M Large Cap Value Fund; Brandywine Global Investment Management, LLC** | 0.63% | 18.63%  | 9.63%  | 7.81% |
| Seeks long-term growth of capital by investing primarily in securities of companies that meet the Fund's environmental, social and governance (ESG) criteria.  | **Neuberger Berman Sustainable Equity Portfolio Class I; Neuberger Berman Investment Advisers LLC**  | 0.89% | 25.84% | 13.97% | 11.44% |

---

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Investment Objective** | **Fund; Advisor (Subadvisor)** | **Current Expense** | **Average Annual Total Returns** | **Average Annual Total Returns** | **Average Annual Total Returns** |
| **Investment Objective** | **Fund; Advisor (Subadvisor)** | **Current Expense** | **[(as of 12/31/2025)]** | **[(as of 12/31/2025)]** | **[(as of 12/31/2025)]** |
|  |  |  | **1 Year**  | **5 Year**  | **10 Year**  |
| Seeks capital appreciation.  | **Pacific Select Fund Bond Plus Portfolio Class P; Pacific Life Fund Advisors, LLC**  | 0.44%<sup>1</sup>  | N/A  | N/A  | N/A  |
| Seeks long-term capital appreciation. | **Pacific Select Fund Capital Appreciation Portfolio Class P; Pacific Life Fund Advisors, LLC (T. Rowe Price Associates, Inc.)** | 0.75% | N/A  | N/A  | N/A  |
| Seeks a high level of current income; capital appreciation is of secondary importance.  | **Pacific Select Fund Core Income Portfolio Class P; Pacific Life Fund Advisors LLC (Aristotle Pacific Capital LLC)**  | 0.55% | 2.98% | 1.39% | N/A  |
| Seeks to maximize total return consistent with prudent investment management.  | **Pacific Select Fund Emerging Markets Debt Portfolio Class P; Pacific Life Fund Advisors LLC (Principal Global Investors, LLC)**  | 0.83%<sup>1</sup>  | 7.09% | 1.00% | 3.35% |
| Seeks a high level of current income.  | **Pacific Select Fund Floating Rate Income Portfolio Class P; Pacific Life Fund Advisors LLC (Aristotle Pacific Capital LLC)**  | 0.72% | 8.39% | 6.00% | 5.18% |
| Seeks long-term growth of capital.  | **Pacific Select Fund Growth Portfolio Class P; Pacific Life Fund Advisors LLC (MFS Investment Management)**  | 0.58% | 32.08% | 15.05% | 15.33% |
| Seeks long-term growth of capital.  | **Pacific Select Fund Health Sciences Portfolio Class P; Pacific Life Fund Advisors LLC (MFS Investment Management)**  | 0.94% | 4.24% | 6.45% | 9.12% |
| Seeks to provide capital appreciation.  | **Pacific Select Fund Hedged Equity Portfolio Class P; Pacific Life Fund Advisors LLC (JPMorgan Investment Management, Inc.)**  | 0.65% | 18.11% | N/A  | N/A  |
| Seeks a high level of current income.  | **Pacific Select Fund High Yield Bond Portfolio Class P; Pacific Life Fund Advisors LLC (Aristotle Pacific Capital LLC)**  | 0.43% | 7.36% | 3.95% | 4.83% |
| Seeks to maximize total return consistent with prudent investment management.  | **Pacific Select Fund Inflation Managed Portfolio Class P; Pacific Life Fund Advisors LLC (Pacific Investment Management Company LLC)**  | 1.12% | 2.56% | 2.15% | 2.35% |
| Seeks to maximize total return.  | **Pacific Select Fund Intermediate Bond Portfolio Class P; Pacific Life Fund Advisors LLC (JPMorgan Investment Management, Inc.)**  | 0.44% | 2.32% | N/A  | N/A  |
| Seeks capital appreciation.  | **Pacific Select Fund International Equity Plus Bond Alpha Portfolio Class P; Pacific Life Fund Advisors, LLC**  | 0.46%<sup>1</sup>  | N/A  | N/A  | N/A  |

---

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Investment Objective** | **Fund; Advisor (Subadvisor)** | **Current Expense** | **Average Annual Total Returns** | **Average Annual Total Returns** | **Average Annual Total Returns** |
| **Investment Objective** | **Fund; Advisor (Subadvisor)** | **Current Expense** | **[(as of 12/31/2025)]** | **[(as of 12/31/2025)]** | **[(as of 12/31/2025)]** |
|  |  |  | **1 Year**  | **5 Year**  | **10 Year**  |
| Seeks long-term growth of capital.  | **Pacific Select Fund International Growth Portfolio Class P; Pacific Life Fund Advisors LLC (ClearBridge Investments, LLC)**  | 0.75% | 7.61% | N/A  | N/A  |
| Seeks capital appreciation.  | **Pacific Select Fund Large-Cap Plus Bond Alpha Portfolio Class P; Pacific Life Fund Advisors, LLC**  | 0.44%<sup>1</sup>  | N/A  | N/A  | N/A  |
| Seeks long-term growth of capital.  | **Pacific Select Fund Mid-Cap Growth Portfolio Class P; Pacific Life Fund Advisors LLC (Federated MDTA LLC)**  | 0.68%<sup>1</sup>  | 2.68% | 8.48% | 10.39% |
| Seeks capital appreciation.  | **Pacific Select Fund Mid-Cap Plus Bond Alpha Portfolio Class P (formerly called Pacific Select Fund Mid-Cap Equity Portfolio Class P); Pacific Life Fund Advisors LLC (Fidelity Diversifying Solutions LLC)**  | 0.46%<sup>1</sup>  | 15.18% | 10.46% | 10.48% |
| Seeks long-term growth of capital.  | **Pacific Select Fund Mid-Cap Value Portfolio Class P; Pacific Life Fund Advisors LLC (Boston Partners Global Investors, Inc.)**  | 0.74% | 10.53% | 10.02% | 9.11% |
| Seeks high, long-term growth of capital.  | **Pacific Select Fund Pacific Dynamix – Aggressive Growth Portfolio Class P; Pacific Life Fund Advisors LLC**  | 0.39%<sup>1</sup>  | N/A  | N/A  | N/A  |
| Seeks current income and moderate growth of capital.  | **Pacific Select Fund Pacific Dynamix – Conservative Growth Portfolio Class P; Pacific Life Fund Advisors LLC**  | 0.39%<sup>1</sup>  | 8.75% | 4.60% | N/A  |
| Seeks moderately high, long-term growth of capital with low, current income.  | **Pacific Select Fund Pacific Dynamix – Growth Portfolio Class P; Pacific Life Fund Advisors LLC**  | 0.39%<sup>1</sup>  | 14.12% | 8.22% | N/A  |
| Seeks long-term growth of capital and low to moderate income.  | **Pacific Select Fund Pacific Dynamix – Moderate Growth Portfolio Class P; Pacific Life Fund Advisors LLC**  | 0.39%<sup>1</sup>  | 12.35% | 6.84% | N/A  |
| Seeks capital appreciation.  | **Pacific Select Fund QQQ Plus Bond Alpha Portfolio Class P; Pacific Life Fund Advisors, LLC**  | 0.40%<sup>1</sup>  | N/A  | N/A  | N/A  |
| Seeks capital appreciation; no consideration is given to income.  | **Pacific Select Fund Small-Cap Growth Portfolio Class P; Pacific Life Fund Advisors LLC (MFS Investment Management)**  | 0.64% | 6.76% | 6.38% | 8.35% |
| Seeks investment results that correspond to the total return of an index of small-capitalization companies.  | **Pacific Select Fund Small-Cap Index Portfolio Class P; Pacific Life Fund Advisors LLC (BlackRock Investment Management, LLC)**  | 0.38% | 11.06% | 6.98% | 7.41% |

---

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Investment Objective** | **Fund; Advisor (Subadvisor)** | **Current Expense** | **Average Annual Total Returns** | **Average Annual Total Returns** | **Average Annual Total Returns** |
| **Investment Objective** | **Fund; Advisor (Subadvisor)** | **Current Expense** | **[(as of 12/31/2025)]** | **[(as of 12/31/2025)]** | **[(as of 12/31/2025)]** |
|  |  |  | **1 Year**  | **5 Year**  | **10 Year**  |
| Seeks capital appreciation.  | **Pacific Select Fund Small-Cap Plus Bond Alpha Portfolio Class P; Pacific Life Fund Advisors, LLC**  | 0.49%<sup>1</sup>  | N/A  | N/A  | N/A  |
| Seeks long-term growth of capital.  | **Pacific Select Fund Technology Portfolio Class P; Pacific Life Fund Advisors LLC (FIAM LLC)**  | 0.84%<sup>1</sup>  | 37.72% | 17.99% | 14.96% |
| Seeks to maximize total return consistent with prudent investment management.  | **Pacific Select Fund Total Return Portfolio Class P (formerly called Pacific Select Fund Managed Bond Portfolio); Pacific Life Fund Advisors LLC (Pacific Investment Management Company LLC)**  | 0.72% | 2.90% | 0.35% | 1.85% |
| Track the total return of the S&P 500 Index.  | **Schwab S&P 500 Index Portfolio; Charles Schwab Investment Management, Inc.**  | 0.03% | 24.95% | 14.47% | 13.01% |
| Seeks to provide an above-average level of current income and reasonable long-term capital appreciation.  | **Vanguard VIF Equity Income Portfolio; Wellington Management Company LLP**  | 0.29% | 15.12% | 9.85% | 9.89% |
| Seeks to track the performance of a benchmark index that measures the investment return of the global, investment-grade, fixed income market. | **Vanguard VIF Global Bond Index Portfolio; The Vanguard Group, Inc.**  | 0.13% | 2.03% | -0.23% | N/A  |
| Seeks to provide a high level of current income.  | **Vanguard VIF High Yield Bond Portfolio; Wellington Management Company LLP** | 0.24% | 6.30% | 3.37% | 4.53% |
| Seeks to provide long-term capital appreciation.  | **Vanguard VIF International Portfolio; Ballie Gifford Overseas Ltd. and Schroder Investment Management North America Inc.**  | 0.31% | 9.01% | 6.27% | 8.40% |
| Seeks to track the performance of a benchmark index that measures the investment return of mid-capitalization stocks.  | **Vanguard VIF Mid-Cap Index Portfolio; The Vanguard Group, Inc.**  | 0.17% | 15.08% | 9.70% | 9.41% |
| Seeks to provide a high level of income and moderate long-term capital appreciation by tracking the performance of a benchmark index that measures the performance of publicly traded equity REITs and other real estate-related investments.  | **Vanguard VIF Real Estate Index Portfolio; The Vanguard Group, Inc.**  | 0.26% | 4.74% | 2.84% | 4.99% |
| Seeks to provide current income while maintaining limited price volatility.  | **Vanguard VIF Short-Term Investment Grade Portfolio; The Vanguard Group, Inc.**  | 0.14% | 4.89% | 1.97% | 2.24% |
| The Portfolio seeks to provide long- term capital appreciation.  | **Vanguard Small Company Growth Portfolio; The Vanguard Group, Inc.**  | 0.29% | 11.38% | 6.96% | 8.66% |

---

<sup>1</sup> To help limit Fund expenses, Fund advisers have contractually agreed to reduce investment advisory fees or otherwise reimburse certain of their Funds which reflect temporary fee reductions. There can be no assurance that Fund expense waivers or reimbursements will be extended beyond their current terms as outlined in each Fund prospectus, and they may not cover certain expenses such as extraordinary expenses. **See each Fund prospectus for complete information regarding these arrangements.** 

------

#### ALLOWABLE INVESTMENT OPTIONS

#### Flexible Duration No-Lapse Guarantee Rider Allocation Restrictions
If you elect the FDNLG Rider, at initial purchase and during the entire time that you own the Rider, you must allocate 100% of your Accumulated Value only to allowable Investment Options. If you do not allocate your entire Accumulate Value according to any applicable requirements, your Rider may terminate. The Allowable Investment Options are as follows:<br>

---

| | | |
|:---|:---|:---|
| *American Funds IS Asset Allocation Fund <br>Class 1*  | *Janus Henderson Balanced Portfolio <br>Institutional Shares* | *Pacific Select Fund Intermediate Bond Portfolio<br>Class P*  |
| *American Funds IS Capital World Bond Fund <br>Class 1*  | *Pacific Select Fund Bond Plus Portfolio <br>Class P*  | *Pacific Select Fund Pacific Dynamix –<br>Conservative Growth Portfolio Class P*  |
| *American Funds IS The Bond Fund of America Class 1*  | *Pacific Select Fund Capital Appreciation Portfolio Class P* | *Pacific Select Fund Pacific Dynamix – <br>Moderate Growth Portfolio Class P*  |
| *Dimensional VA Short-Term Fixed Portfolio Institutional Class*  | *Pacific Select Fund Core Income Portfolio <br>Class P*  | *Pacific Select Fund Total Return Portfolio <br>Class P*  |
| *Fidelity<sup>®</sup> VIP Bond Index Portfolio <br>Initial Class*  | *Pacific Select Fund Emerging Markets Debt Portfolio Class P*  | *Vanguard VIF Global Bond Index Portfolio*  |
| *Fidelity<sup>®</sup> VIP Freedom 2030 Portfolio℠ <br>Initial Class*  | *Pacific Select Fund Floating Rate Income Portfolio Class P* | *Vanguard VIF High Yield Bond Portfolio* |
| *Fidelity<sup>®</sup> VIP Freedom Income Portfolio℠ <br>Initial Class* | *Pacific Select Fund High Yield Bond Portfolio <br>Class P*  | *Vanguard VIF Short-Term Investment Grade Portfolio*  |
| *Fidelity<sup>®</sup> VIP Government Money Market Portfolio Initial Class* | *Pacific Select Fund Inflation Managed Portfolio <br>Class P*  |  |

---

**We reserve the right to limit the allowable Investment Options under the Rider. We may add or remove allowable Investment Options at any time. If your Policy was issued with Investment Option requirements, following a change to the allowable Investment Options, your current allocation of Accumulated Value may not comply with our revised allocation requirements for the Rider. As a result, you will be required to reallocate your Policy Accumulated Value to the revised allowable Investment Options in order to maintain the Rider benefits.**

**We have the right to significantly reduce the number of allowable Investment Options even to a single conservative Investment Option. Our right to add or remove allowable Investment Options may limit the number of Investment Options that are otherwise available to you under the Policy. Please discuss with your financial professional if this Policy and Rider are appropriate for you given our right to make changes to the allowable Investment Options. We may make such a change due to a Fund reorganization, Fund substitution, Fund liquidation, or to help protect our ability to provide the guarantees under the Rider (for example, changes in an underlying Fund's investment objective and principal investment strategies, or changes in general market conditions). If such a change is required, we will provide you with reasonable notice (generally 90 calendar days) prior to the effective date of such change to allow you to reallocate your Accumulated Value to maintain your Rider benefits. If you do not reallocate your Accumulated Value to comply with the new Rider allocation requirements, your Rider will terminate. We will send you written notice in the event any transaction made by you will cause the Rider to terminate for failure to invest according to the investment allocation requirements. However, you will have at least 20 calendar days starting from the date of our written notice, to instruct us to take appropriate corrective action to continue the Rider. If you take appropriate corrective action and continue the Rider, the Rider benefits and features available immediately before the terminating event will remain in effect.** 

**The investment allocation requirements are designed to reduce risk and may reduce overall volatility in investment performance, which may reduce investment returns. In turn, they may also limit the potential growth of your Policy and its benefits. This may conflict with your personal investment objectives.** 

------

#### APPENDIX: STATE LAW VARIATIONS
*Certain Policy features described in this Prospectus may vary or may not be available in your state. The state in which your Policy is issued governs whether or not certain features, Riders, charges or fees are available or will vary under your Policy. These are all the material state variations, and they will be reflected in your Policy and in Riders or Endorsements to your Policy. See your financial professional or contact us for specific information that may be applicable to your state.* 

YOUR FREE LOOK RIGHT

**Free Look Right** 

For policies issued in California, you may return this policy within 10 days of policy delivery. For Insureds Age 60 or older, you may return this policy within 30 days of policy delivery.<sup>1</sup>

For policies issued as an internal replacement in Michigan or Pennsylvania, you may return this policy within 45 days of policy delivery.

For policies issued in Florida, you may return this policy within 14 days of policy delivery.

For policies issued in North Dakota, you may return this policy within 20 days of policy delivery.

The table below shows which states do or do not require refund of premiums paid.

---

| |
|:---|
| **<u>Return of Premium<sup>3</sup></u>**  |
| FL; SC<sup>2</sup>; CA<sup>1</sup> AK; AL; AR; AZ; CA<sup>1</sup>; CO; CT; DC; DE; GA; HI; IA; ID; IL; IN; KS; KY; LA; MA; MD; ME; MI; MN; MO; MS; MT; NC; ND; NE; NH; NJ; NM; NV; OH; OK; OR; PA; RI; SD; TN; TX; UT; VA; VT; WA; WI; WV; WY  |

---

&nbsp;&nbsp;&nbsp;&nbsp;1. In California, for ages 60+ and if we've not received a Written Request for immediate investment in variable options, premium is returned for a free look surrender.

&nbsp;&nbsp;&nbsp;&nbsp;2. In South Carolina for products issued as a replacement, we will return Accumulated Value + Loads + Charges for a free look surrender.

&nbsp;&nbsp;&nbsp;&nbsp;3. States included in this category provide the greater of the return of premium amount or the return of premium amount plus any positive investment experience in the Fidelity<sup>®</sup> VIP Government Money Market Variable Account.

TIMING OF PAYMENTS, FORMS AND REQUESTS

For Policies issued in California, and Florida the additional annual interest rate for Death Benefit Proceeds delayed for more than 31 calendar days is the following:

California: 1%

Florida: The Moody's Corporate Bond Yield Average – Monthly Average Corporate rate which may vary.

WITHDRAWALS, SURRENDERS AND LOANS

Taking Out a Loan

For Policies issued in Florida, there is no minimum loan amount required.

OPTIONAL RIDERS AND BENEFITS

**Premier Living Benefits Rider 2** 

*Rider Terms* 

For policies issued in Florida, the following applies:

All references to the term "Chronically Ill Individual" are referred to as "an Individual with Chronic Illness".

For policies issued in California, the following applies:

The Insured may certify that they have more than one Chronic Illness and may submit a Notice of Claim for more than one

------

certified Chronic Illness. The Certification of Illness must be renewed every twelve-months and any new certification may certify the same Chronic Illness that was identified in any prior certification.

The Insured has the right to request an additional opinion of their condition if the Licensed Health Care Practitioner determines that they Insured does not have a Chronic Illness and the Licensed Health Care Practitioner who provided the initial option of the Insured's condition did not personally examine the Insured prior to providing their opinion.

All references to the term "Chronically Ill Individual" are referred to as "an Individual with Chronic Illness".

All references to the term "Benefit Form" are referred to as "Claim Form".

All references to the term "Request for Benefits" are referred to as "Notice of Claim".

All references to the term "Benefit Form" are referred to as "Claim Form".

All references to the term "Accelerated Death Benefit Payment Notice" are referred to as "Accelerated Death Benefit Payment Statements".

Additional and/or revised Rider Terms apply including but not limited to:

**Appeals –** within 60 days of our decision, the Owner may appeal our decision and request reconsideration of the claim, In Writing, if the Owner and/or Insured disagrees with our decision regarding a Notice of Claim.

**Chronic Illness –** a medical condition where the Insured has received a Certification of Illness certifying the Individual with Chronic Illness has either of the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Impairment in performing at least two out of six Activities of Daily Living due to a loss of functional capacity to perform the activity; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Impairment of cognitive ability, meaning the Insured needs Substantial Supervision due to Cognitive Impairment.

**Election of Benefit Proceeds** – you may elect the Chronic Illness Benefit payment as Chronic Illness Lump Sum Proceeds, as Annual Benefit Proceeds or as Monthly Benefit Proceeds.

**Entire Contra**ct – this Rider, Rider Specifications and features, the Policy, Policy Specifications and features, and any forms attached thereto, including any Applications, Supplemental Schedules of Coverage, endorsements, benefits, or riders, and all additional Policy information sections added to the Policy are a contract between you and us. Only our President, Chief Executive Officer or Secretary is authorized to change this contract or extend the time for paying premiums.

**Free Look Right** – you may cancel this Rider within 30 days after you receive it, at which time this Rider will be deemed void from the beginning.

**Incontestability** – we will not contest this rider after it has been in effect, during the lifetime of the Eligible Insured, for two years after its Effective Date. <br>We may only contest the Rider based on a statement made in the application for this Rider if such statement is attached to the Policy and if the statement was material to the risk accepted or the hazard assumed by us. We will not contest this Rider as to the statements contained in an application for reinstatement after it has been in effect for a period of two years after the effective date of reinstatement.

**Per Diem Limitation** – declared annually by the Internal Revenue Service and is used in the calculation of the Chronic Illness Benefit Proceeds.

**Physical Examination(s)** – conducted by a Licensed Health Care Practitioner or Licensed Physician. Physical Examination of the Individual with Chronic Illness may be required by us, at our expense, during the pendency of a claim and, where permitted by law, to make an autopsy in case of death.

**Physician** – as defined in Section 1861(r)(1) of the Social Security Act, a physician who is licensed and residing in the United States. A Physician does not include the Owner, the Insured or an Immediate Family Member and is independent of us.

**Proof of Loss** – a completed Claim Form and documentation that establishes the occurrence of a qualifying even within 90 days after the Insured receives that documentation must be sent to us from the Insured.

**Severe Cognitive Impairment** – a loss or deterioration in the Insured's intellectual capacity that is: (a) comparable to (and includes) Alzheimer's disease and similar forms of irreversible dementia; and (b) measured by clinical evidence and standardized tests that reliably measure impairment in the Insured's (i) short or long-term memory; (ii) orientation as to person, people, places, and time; and (iii) deductive or abstract reasoning.

**Timely Payment of Claims** – payment of Accelerated Death Benefit proceeds is delayed thirty-one (31) calendar days after the Benefit Date, we will pay Death Benefit Proceeds Additional Interest which will be applied to the Accelerated Death Benefit proceeds beginning on the 31st calendar day, to each Benefit Payment Date.

**Premier LTC Rider** 

------

*Rider Ineligibility* 

For policies issued in North Dakota, the Premier LTC Rider is not currently available.

For policies issued in California, the following applies:

The legal name of this Rider is Accelerated Death Benefit Rider for Comprehensive Long-Term Care.

For policies issued in Florida, the following applies:

The legal name of this Rider is Long-Term Care Accelerated Death Benefit Rider.

*Rider Terms* 

For policies issued in Connecticut, the following applies:

**Assisted Living Facility** – a facility that is licensed or certified or complies with the state's facility licensing requirements to engage primarily in providing ongoing Assisted Living Care and related services as described in the Rider.

A managerial residential community that provides residents with services from assisted living service agencies will be considered an Assisted Living Facility.

For policies issued in Florida, the following applies:

**Assisted Living Facility** – a facility that is engaged primarily in providing ongoing Assisted Living Care and related services that has the appropriate state licensure or certification as an Assisted Living Facility where required.

For policies issued in Florida, the following applies:

**Claim Forms** –When we receive the notice of claim, we will send the claimant forms for filing proof of loss. If these forms are not given to the claimant within 15 days, the claimant may meet the proof of loss requirements by giving the insurer a written statement of the nature and the extent of the loss within the time limit stated in the Proof of Loss provision.

For policies issued in Arizona, Connecticut, Delaware, Florida, Indiana, New Jersey, North Dakota, South Dakota, and Washington D.C. the following applies:

**Elimination Period** –the total number of days that the Insured is a Chronically Ill Individual before benefits are payable. However, in no case will the Elimination Period start date be more than:

90 days prior to the date the Owner or Insured contacts us for a loss related to the Insured's inability to perform Activities of Daily Living; or

365 days prior to the date the Owner or Insured contacts us for a loss due to Severe Cognitive Impairment.

For policies issued in Montana, the following applies:

**Elimination Period** – the total number of days that the Insured is a Chronically Ill Individual before benefits are payable. This period includes the time it takes to determine that the Insured is Chronically Ill. Each occurrence of days counted towards satisfying the Elimination Period begins on the first day that the Insured is a Chronically Ill Individual and incurs Covered Services. However, in no case will the Elimination Period start date be more than:

90 days prior to the date the Owner or Insured contacts us for a loss related to the Insured's inability to perform Activities of Daily Living; or 365 days prior to the date the Owner or Insured contacts us for a loss due to severe Cognitive Impairment.

For policies issued in Montana, the following applies:

**Home Health Care** – medical and non-medical services, provided to ill, disabled or infirm persons by a Home Health Care Agency in their residences. Such services may include:

Nursing;

Home health aide services;

Physical therapy;

Occupational therapy;

Speech therapy;

------

Hospice service;

Medical supplies and equipment suitable for use in the home; and

Medically necessary personal hygiene, grooming and dietary assistance.

For policies issued in Florida, the following applies:

**Hospital** – means any establishment that:

Offers services more intensive than those required for room, board, personal services, and general nursing care, and offers facilities and beds for use beyond 24 hours by individuals requiring diagnosis, treatment, or care for illness, deformity, infirmity, abnormality, disease, or pregnancy; and

Regularly makes available at least clinical laboratory services, diagnostic X-ray services, and treatment facilities for surgery or obstetrical care, or other definitive medical treatment of similar extent.

For policies issued in Washington D.C., the following applies:

**Immediate Family** – the Insured's Spouse or civil union partner and the parents, brothers, sisters and children of either the Insured, the Insured's Spouse or civil union partner by blood, adoption or marriage.

For policies issued in Montana, the following applies:

**Irreversible Dementia** – means deterioration or loss of intellectual faculties, reasoning power, memory, and will due to organic brain disease characterized by confusion, disorientation, apathy and stupor of varying degrees which is not capable of being reversed and from which recovery is impossible.

For policies issued in Arizona, the following applies:

**Licensed Health Care Practitioner** – a physician licensed pursuant to Arizona title 32, chapter 13 or 17, any registered nurse or registered nurse practitioner licensed to Arizona title 32, chapter 15, licensed social worker or other individual who meets such requirements as may be prescribed by the Secretary of the Treasury of the United States. A Licensed Health Care Practitioner must reside in the United States and cannot be you or an Immediate Family Member.

For policies issued in Florida, the following applies:

**Licensed Health Care Practitioner** – a physician or nurse licensed pursuant to Part I of Chapter 464, Florida Statutes; a psychotherapist licensed under Chapter 490 or Chapter 491, Florida Statutes; any individual who meets any requirements as may be prescribed by rule adopted by the Florida Insurance regulatory authority.

For policies issued in South Dakota, the following applies:

A Licensed Health Care Practitioner may be an Immediate Family Member if that family member is the only doctor in the area, provided the doctor is acting within the scope of the practice.

For policies issued in Montana, the following applies:

**Maintenance or Personal Care Services** – any care the primary purpose of which is the provision of needed assistance with any of the disabilities as a result of which the Insured is a Chronically Ill Individual. This includes protection from threats to health and safety due to severe Cognitive Impairment and Irreversible Dementia.

For policies issued in Florida, the following applies:

**Proof of Loss** – Written proof must be available to us within 90 days after the loss for which benefits are claimed. If it was not reasonably possible to give written proof in the time required, we shall not reduce or deny the claim for this reason if the proof is filed as soon as reasonably possible. In any event, the proof required must be given no later than one year from the time specified unless the claimant was legally incapacitated.

For policies issued in Florida, the following applies:

**Qualified Long-Term Care Services** – necessary diagnostic, preventive, curing, treating, mitigating and rehabilitative services, and Maintenance or Personal Care Services which are required by a Chronically Ill Individual and are provided pursuant to a Plan of Care prescribed by a Licensed Health Care Practitioner.

For policies issued in Montana or Arizona, the following applies:

The term Severe Cognitive Impairment is referred to as Cognitive Impairment.

------

For policies issued in Washington D.C. the following applies:

**Spouse** – means the person of the same or opposite sex to whom the Insured is legally married under the laws of the state or jurisdiction in which the marriage took place.

For policies issued in Florida, the following applies:

**Terminally Ill** – the Insured has a medical prognosis that his or her life expectancy is one year or less if the illness runs its normal course.

*Limitations, Exclusions and Eligibility Conditions for Benefits* 

For policies issued in New Jersey, the following applies:

**Certain pre-existing condition limitations apply.** A preexisting condition is any condition for which the Insured received medical advice or treatment in the six months preceding the LTC Rider Effective Date. We will not pay benefits for a Confinement due wholly or in part to a preexisting condition if the need for services begins during the first six months after the LTC Rider Effective Date.

For policies issued in Montana, the following applies:

The Rider will pay benefits for:

Confinements due to preexisting conditions that occur six months after the LTC Rider Effective Date.

For policies issued in South Dakota, the following applies:

The Rider will pay benefits for:

Care or services that result from an attempt at suicide (while sane or insane) or an intentionally self-inflicted injury;

Care or services that result from active duty in the armed forces of any nation or international government or units auxiliary thereto, or the National Guard;

The rider will pay for services available under governmental programs (except Medicaid), state or federal workers' compensation, employer's liability or occupational disease law, or any motor vehicle no fault law. It will not pay for work related injuries or illnesses if benefits are paid under workers' compensation or other similar laws.

For policies issued in Florida, the following applies:

To receive the Rider Benefit, you must satisfy the following condition:

A Licensed Health Care Practitioner certifies the Insured as being a Chronically Ill Individual within the preceding twelve-month period;

*Claims Provisions* 

For policies issued in Florida, the following applies:

At our expense, we have the right to have the Insured examined as often as reasonably necessary while a claim is pending except that when a Licensed Health Care Practitioner has certified that the Insured is a Chronically Ill Individual, additional certifications may not be performed until after the expiration of the 90-day period starting on the date of certification. We may also have an autopsy made unless prohibited by law.

For policies issued in Florida, the following applies:

Written notice of claim must be given within 20 days after a covered loss starts or as soon as reasonably possible. The notice may be given to us at our Administrative Office or to our agent.

For policies issued in Montana, the following applies:

We will pay benefits within 30 days of the date we receive the Insured's claim, however if we need to collect information in order to verify eligibility, benefits will be paid within 60 days of our receipt of the original Proof of Loss unless we have notified you, your designee, your assignee or the claimant of the reasons we have not paid the claim in full or unless we have a reasonable belief that insurance fraud has been committed and we have reported the possible insurance fraud to the commissioner.

For policies issued in Florida, the following applies:

------

If a claim is not paid or denied within 120 days after receipt, we will add 10% simple interest to any overdue claim payments.

*Other Effects on the Policy* 

For policies issues in California, the following applies:

You may request a loan or make withdrawals during the Claim Period.

*Lapse and Reinstatement* 

For policies issued in Montana, the following applies:

We will provide such notice at least 30 days before the effective date of lapse or termination. Notice shall be given by first class United States mail, postage prepaid; and notice will not be given until 30 days after a premium is due and unpaid. Notice shall be deemed to have been given as of five days after the date of mailing.

*Extension of Benefits* 

For policies issued in New Jersey, the following applies:

If this Rider terminates, we will recognize the basis for a claim under this Rider predicated upon the Insured's continuous certification as a Chronically Ill Individual before the date of termination in the same manner as if the insurance was In Force. Extension of Benefits stops on the earliest of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The date when the Insured no longer meets the Eligibility for the Payment of Benefits requirements;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The date the Insured is no longer incurring Covered Services; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The date when the LTC Coverage Amount remaining after monthly benefit payment is zero.

This Extension of Benefits is subject to all of the provisions of this rider, and all applicable coverage maximums.

If benefits are continued under this Extension of Benefits provision because the Policy has lapsed, no Death Benefit will be payable to the beneficiary under the Policy.

*Non-Duplication with Other Plans* 

For policies issued in Florida, the following applies:

We will not pay benefits for any amount that would be reimbursable under Medicare or any other plan or program but for the application of a deductible or coinsurance amount. We will pay the difference between the actual expense and the benefits payable by Medicaid or private insurance, but our payment will not exceed the amount we would have paid in the absence of such other insurance. However, if the Insured's Medicaid or private insurance denies payment for a service that we cover, we will pay the benefit as outlined in this Rider. The care coordinator can assist in identifying other insurance benefits to which the Insured is entitled that can be applied to meet actual expenses.

PAYING THE DEATH BENEFIT IN THE CASE OF SUICIDE

**Suicide Exclusion** 

For policies issued in Colorado, Minnesota, Missouri, and North Dakota, the suicide exclusion period is one year.

GENERAL INFORMATION ABOUT YOUR POLICY

**Policy Exchange** 

If your Policy is issued in Connecticut, you may exchange this Policy for a policy with benefits that do not vary with the investment results of a Separate Account. You must request this in writing within 18 months of your Policy Date and return the original Policy. <br>

------

#### APPENDIX: FINANCIAL INTERMEDIARY VARIATIONS
Certain Investment Options, Policy features and benefits described in this Prospectus may vary or may not be available depending on the broker-dealer through which your Policy is sold. For example, a broker-dealer may choose not to recommend a certain optional benefit that is described in this Prospectus. Only those optional benefits and Investment Options available through your broker-dealer will be available under your Policy.

The chart below identifies material variations, limitations or restrictions applicable to the Policy sold through particular broker-dealers. Note that there may be other variations, limitations, or restrictions of which we are not aware and that are not reasonably available to us, as variations may exist for some broker-dealers without our knowledge. Based on several considerations (e.g. the large number of broker-dealers through whom policies are distributed, terms of our existing selling agreements, recommendations based on suitability criteria made without our involvement), we cannot identify such other variations, limitations, or restrictions, if any, without unreasonable effort or incurring unreasonable expenses. Accordingly, the chart may not reflect all variations, limitations and restrictions applicable to the sale of the Policy through a particular broker-dealer. **Before you purchase the Policy, you should discuss with your financial professional any variations, limitations, or restrictions related to the Investment Options, Policy features and benefits.** If a particular Investment Option, Policy feature or benefit that interests you is not recommended through your broker-dealer, you may contact another broker-dealer or us to explore its availability.

[TO BE UPDATED BY AMENDMENT]

------

<u>WHERE TO GO FOR MORE INFORMATION</u>

You will find additional information about the Policy and Pacific Select Exec Separate Account in the Statement of Additional Information ("SAI") dated [May 1, 2026]. The SAI has been filed with the SEC and is considered to be part of this prospectus because it is incorporated by reference.

You can get a copy of the SAI without charge, upon request, by calling (800)347-7787, or you can view it online at https://pacificlife.onlineprospectus.net/pacificlife/products/. Reports and other information about Pacific Select Exec Separate Account are available on the SEC website at http://www.sec.gov, and copies of this information may be obtained, upon payment of a duplicating fee, by electronic request at the following email address: publicinfo@sec.gov.

You may contact us at the number below to request information or make inquiries about the Policy.

If you ask us, we will provide you with one or more Illustrations. Illustrations may help you understand how your Policy's Death Benefit, Cash Surrender Value and Accumulated Value would vary over time based on different assumptions. You can get one Policy Illustration free of charge per Policy Year by calling or writing to us. We reserve the right to charge $25 for additional Illustrations.

#### How to Contact Us
Pacific Life Insurance Company

P.O. Box 2030<br>Omaha, Nebraska 68103-2030

(800) 347-7787<br>6 a.m. through 5 p.m. Pacific time<br>www.PacificLife.com

#### We accept faxes or emails for both Variable and Indexed Fixed Option transaction requests (transfers, allocation changes, rebalancing) and also Policy loans at:
(866) 398-0467<br>Transactions@pacificlife.com

***PREMIUM PAYMENTS<br>Unless you receive premium notices via list bill, send premiums (other than initial premium) to:***<br>Pacific Life Insurance Company<br>P.O. Box 100957<br>Pasadena, California 91189-0957

#### FINRA Public Disclosure Program
FINRA provides investor protection education through its website and printed materials. The FINRA regulation website address is www.finra.org. An investor brochure that includes information describing the BrokerCheck program may be obtained from FINRA. The FINRA BrokerCheck hotline number is (800) 289-9999. FINRA does not charge a fee for the BrokerCheck program services.

EDGAR Contract No. C000262406

------

#### STATEMENT OF ADDITIONAL INFORMATION

#### [May 1], 2026

#### MVP VUL ADMIRAL 2

#### PACIFIC SELECT EXEC SEPARATE ACCOUNT
MVP VUL Admiral 2 is a flexible premium variable universal life insurance policy issued by Pacific Life Insurance Company.

This Statement of Additional Information (SAI) is not a prospectus and should be read in conjunction with the Policy's prospectus, dated [May 1], 2026, which is available without charge upon written or telephone request to Pacific Life or at www.PacificLife.com. Terms used in this SAI have the same meanings as in the prospectus, and some additional terms are defined particularly for this SAI. This SAI is incorporated by reference into the Policy's prospectus.

Pacific Life Insurance Company

P.O. Box 2030

Omaha, NE 68103

(800) 800-7681

------

#### **TABLE OF CONTENTS**

---

| | |
|:---|:---|
| [GENERAL INFORMATION AND HISTORY](#new_id-28) | [1](#new_id-28) |
| &nbsp;&nbsp;&nbsp;[How We Are Organized](#new_id-29) | [1](#new_id-29) |
| &nbsp;&nbsp;&nbsp;[The Separate Account](#new_id-30) | [1](#new_id-30) |
| [PREMIUM LIMITATIONS](#new_id-31) | [1](#new_id-31) |
| &nbsp;&nbsp;&nbsp;[Guideline Premium Limit](#new_id-32) | [1](#new_id-32) |
| &nbsp;&nbsp;&nbsp;[Modified Endowment Contract](#new_id-33) | [2](#new_id-33) |
| &nbsp;&nbsp;&nbsp;[Increasing the Net Amount At Risk](#new_id-34) | [2](#new_id-34) |
| [TRANSFER SERVICES](#new_id-35) | [2](#new_id-35) |
| &nbsp;&nbsp;&nbsp;[Dollar Cost Averaging](#new_id-36) | [2](#new_id-36) |
| &nbsp;&nbsp;&nbsp;[Portfolio Rebalancing](#new_id-37) | [3](#new_id-37) |
| &nbsp;&nbsp;&nbsp;[First Year Transfer](#new_id-38) | [3](#new_id-38) |
| &nbsp;&nbsp;&nbsp;[Fixed Option Interest Sweep](#new_id-39) | [4](#new_id-39) |
| [WITHDRAWAL FEATURES](#new_id-40) | [4](#new_id-40) |
| &nbsp;&nbsp;&nbsp;[Automated Income Option](#new_id-41) | [4](#new_id-41) |
| [MORE INFORMATION ON POLICY CHARGES](#new_id-42) | [5](#new_id-42) |
| &nbsp;&nbsp;&nbsp;[Underwriting Methods and Nonstandard Ratings](#new_id-43) | [5](#new_id-43) |
| &nbsp;&nbsp;&nbsp;[Changes in Face Amount](#new_id-44) | [6](#new_id-44) |
| [MORE ON VARIABLE LIFE INSURANCE AND YOUR TAXES](#new_id-45) | [6](#new_id-45) |
| &nbsp;&nbsp;&nbsp;[Mortality and Expense Charges](#new_id-46) | [7](#new_id-46) |
| &nbsp;&nbsp;&nbsp;[Investor Control](#new_id-47) | [7](#new_id-47) |
| &nbsp;&nbsp;&nbsp;[Comparison to Taxable Investments](#new_id-48) | [7](#new_id-48) |
| [MORE ON THE POLICIES](#new_id-49) | [8](#new_id-49) |
| &nbsp;&nbsp;&nbsp;[Distribution Arrangements](#new_id-50) | [8](#new_id-50) |
| &nbsp;&nbsp;&nbsp;[Performance](#new_id-51) | [9](#new_id-51) |
| &nbsp;&nbsp;&nbsp;[Financial Statements](#new_id-52) | [9](#new_id-52) |
| &nbsp;&nbsp;&nbsp;[Independent Registered Public Accounting Firm and Independent Auditors](#new_id-53) | [10](#new_id-53) |

---

i

------

#### GENERAL INFORMATION AND HISTORY

#### How We Are Organized
Pacific Life was established on January 2, 1868 under the name, Pacific Mutual Life Insurance Company of California. It was reincorporated as Pacific Mutual Life Insurance Company on July 22, 1936. On September 1, 1997, Pacific Life converted from a mutual life insurance company to a stock life insurance company. Pacific Life redomesticated to Nebraska on September 1, 2005. Pacific Life is a subsidiary of Pacific LifeCorp, a holding company, which in turn is a subsidiary of Pacific Mutual Holding Company, a mutual holding company.

Under their charters, Pacific Mutual Holding Company must always hold at least 51% of the outstanding voting stock of Pacific LifeCorp. Pacific LifeCorp must always own 100% of the voting stock of Pacific Life. Owners of Pacific Life's annuity contracts and life insurance policies have certain membership interests in Pacific Mutual Holding Company. They have the right to vote on the election of the Board of Directors of the mutual holding company and on other matters. They also have certain rights if the mutual holding company is liquidated or dissolved.

#### The Separate Account
The Separate Account was established on May 12, 1988 under California law under the authority of our Board of Directors, and is now governed by the laws of the State of Nebraska as a result of Pacific Life's redomestication to Nebraska on September 1, 2005. It is registered with the SEC as a type of investment company called a *unit investment trust*. The SEC does not oversee the administration or investment practices or policies of the Separate Account.

The Separate Account is not the only investor in the Funds. Investments in the Funds by other separate accounts for variable annuity contracts and variable life insurance policies could cause conflicts. For more information, please see the Statement of Additional Information for the Funds.

Pursuant to Commodity Futures Trading Commission Rule 4.5, Pacific Life has claimed an exclusion from the definition of the term "commodity pool operator" under the Commodity Exchange Act. Therefore, it is not subject to registration or regulation as a commodity pool operator under the Commodity Exchange Act.

#### PREMIUM LIMITATIONS
Federal tax law puts limits on the amount of premium payments you can make in relation to your Policy's Death Benefit. These limits apply in the following situations.

#### Guideline Premium Limit
If you have chosen the Guideline Premium Test as your Death Benefit Qualification Test, the total amount you can pay in premiums and still have your Policy qualify as life insurance is your Policy's Guideline Premium Limit. The sum of the premiums paid, less any withdrawals, at any time cannot exceed the Guideline Premium Limit, which is the greater of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● the guideline single premium or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● the sum of the guideline level annual premiums.

We may refuse to accept all or part of a premium payment if, by accepting it, you will exceed your Policy's Guideline Premium Limit. If we find that you have exceeded your Guideline Premium Limit, we may remove all or part of a premium you have paid from your Policy as of the day we applied it, and return it to you. We will adjust the Death Benefit retroactively to that date to reflect the reduction in premium payments.

Your Policy's guideline single premium and guideline level annual premiums appear on your Policy Specifications. Before you buy a Policy, you can ask us or your life insurance producer for a personalized Illustration that will show you the guideline single premium and guideline level annual premiums.

------

#### Modified Endowment Contract
A life insurance policy will become a Modified Endowment Contract if the sum of premium payments made during the first seven contract years, less a portion of withdrawals, exceeds the seven-pay limit defined in Section 7702A of the Internal Revenue Code. You will find a detailed discussion of Modified Endowment Contracts in **VARIABLE LIFE INSURANCE AND YOUR TAXES** in the prospectus.

Unless you have told us in writing that you want your Policy to become a Modified Endowment Contract, we will remove all or part of the premium payment from your Policy as of the day we applied it and return it to you. We will also adjust the Death Benefit retroactively to that date to reflect the reduction in premium payments. If we receive such a premium within 30 days before your Policy Anniversary, we will hold it and apply it to your Policy on the Policy Anniversary.

In both of these situations, if we remove an excess premium from your Policy, we will return the premium amount to you no later than 60 days after the end of the Policy Year. We may adjust the amount for interest or for changes in Accumulated Value that relate to the amount of the excess premium we are returning to you.

If we do not return the premium amount to you within that time, we will increase your Policy's Death Benefit retroactively, to the day we applied the premium, and prospectively so that it is always the amount necessary to ensure your Policy qualifies as life insurance, or to prevent it from becoming a Modified Endowment Contract. If we increase your Death Benefit, we will adjust cost of insurance or Rider charges retroactively and prospectively to reflect the increase.

#### Increasing the Net Amount At Risk
An increase in the Net Amount At Risk occurs if the Policy's Death Benefit is equal to the Minimum Death Benefit, or would be equal to it once we apply your premium payment. We may choose to accept your premium payment in this situation, but before we do so, we may require satisfactory evidence of the insurability of the Insured.

#### TRANSFER SERVICES
You may only participate in one transfer service at any time.

#### Dollar Cost Averaging
Our dollar cost averaging service allows you to make scheduled transfers of $50 or more between Variable Investment Options without paying a transfer fee. Here is how the service works:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● You can set up this service at any time while your Policy is In Force.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● You need to complete a request form to enroll in the service. You may enroll by telephone or electronically if we have your completed telephone and electronic authorization on file.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● You must have at least $5,000 in a Variable Investment Option to start the service.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● We will automatically transfer Accumulated Value from one Variable Investment Option to one or more of the other Variable Investment Options you have selected.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● We will process transfers as of the end of the Business Day on your Policy's monthly, quarterly, semi-annual or annual anniversary, depending on the interval you have chosen. We will not make the first transfer until after the Free Look Transfer Date in states that require us to return your premiums if you exercise your Free Look Right.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● We will not charge you for the dollar cost averaging service or for transfers made under this service, even if we decide to charge you in the future for transfers outside of the service, except if we have to by law.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● We have the right to discontinue, modify or suspend the service at any time.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● We will keep making transfers at the intervals you have chosen until one of the following happens:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● the total amount you have asked us to transfer has been transferred

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● there is no more Accumulated Value in the Investment Option you are transferring from

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● your Policy enters the Grace Period and is in danger of lapsing

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● we receive your Written Request to cancel the service

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● we discontinue the service.

#### Portfolio Rebalancing
The portfolio rebalancing service automatically transfers your Policy's Accumulated Value among the Variable Investment Options according to your original percentage allocations. Here is how the service works:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● You can set up this service at any time while your Policy is In Force.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● You enroll in the service by completing a request form. You may enroll by telephone or electronically if we have your completed telephone and electronic authorization on file.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Unless you choose a different start date, your first rebalancing will take place at the end of the Business Day we receive your request. Subsequent rebalancing will take place at the end of the Business Day on your Policy's monthly, quarterly, semi-annual or annual anniversary, depending on the interval you chose.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● You must be invested in two or more Variable Investment Options in order to elect portfolio rebalancing. The available Fixed Options and Indexed Fixed Options are not included in portfolio rebalancing.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● We will not make the first transfer until after the Free Look Transfer Date, if your Policy was issued in a state that requires us to return your premiums if you exercise your Free Look Right.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● If you cancel this service, you must wait 30 days to begin it again.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● We do not charge for the portfolio rebalancing service, and we do not currently charge for transfers made under this service.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● We can discontinue, suspend or change the service at any time.

#### First Year Transfer
Our first year transfer service allows you to make transfers from the Fixed Account to the Variable Investment Options or the Fixed LT Account during the first 12 Policy months from the date your initial premium is applied to your Policy. Here is how the service works:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● You enroll in the service when you apply for your Policy using the New Business Variable Life Optional Services form.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● You choose amounts to be transferred for 12 months from the payment date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Transfers under the first year transfer service take place on your Policy's Monthly Payment Date, starting on the first Monthly Payment Date following the Free Look Transfer Date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● If you sign up for this service, we will waive the usual transfer limit for the Fixed Account during the first 12 Policy months from the date your initial premium is applied to your Policy.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● If program ends during the second Policy Year, we will not count it toward the usual one transfer per year for the Fixed Account.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● If the Accumulated Value in the Fixed Account is less than the amount to be transferred, we will transfer the balance and then cancel the service.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● If there is Accumulated Value remaining in the Fixed Account at the end of the service, the transfer limitations for the Fixed Account will apply.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● We do not charge for the first year transfer service, and we do not currently charge for transfers made under this service.

------

#### Fixed Option Interest Sweep
The Fixed Option interest sweep service allows you to make scheduled transfers of the accumulated interest earnings from any available Fixed Options to the Variable Investment Options. Here is how the service works:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● You can set up this service at any time while your Policy is In Force.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● You enroll in the service by sending us a Written Request. You may enroll by telephone or electronically if we have your completed telephone and electronic authorization on file.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● If you cancel this service, you must wait 30 days to begin it again.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● We do not charge for the Fixed Option interest sweep service, and we do not currently charge for transfers made under this service.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● We can discontinue, suspend or change the service at any time.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Interest earnings transferred from any available Fixed Options to the Variable Investment Options are excluded from the transfer limitations.

#### WITHDRAWAL FEATURES

#### Automated Income Option
Our automated income option ("AIO") program allows you to make scheduled withdrawals or loans (Standard Loan or an Alternate Loan). With this program, you may only elect a Standard loan or an Alternate Loan, not both. Only one loan type is available for this program. You may switch between loan types, as long as the new election is 100% to the new loan type (for example, switch from a Standard Loan to an Alternate Loan must be 100%).. Here is how the program works:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● You can set up the income stream from your Policy on either a monthly or annual basis. Each scheduled income payment must be at least $500 if you choose to receive monthly payments, or $1,000 if you choose annual payments.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● You may choose to receive either a fixed amount of income or an amount based on a fixed duration. Depending upon your objectives, you may wish to reduce your Face Amount or change your Policy's Death Benefit Option in order to maximize your income.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● You can choose the scheduled income payment date. You may elect to have your income payments sent either by check or by electronic deposit to a bank account. The effective date of the withdrawal or loan will be the Business Day before any income payment date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● If the scheduled income payment date falls on a weekend or holiday, the actual income payment date will be the Business Day before the scheduled income payment date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● The withdrawal or loan will be taken from your Policy's Investment Options in proportion to the Accumulated Value in each Investment Option.

Upon our receipt of your AIO request form, we will run a hypothetical Illustration to determine if your request can be fulfilled, or if any adjustments will be necessary. We use the Illustration to test your Policy for the minimum Net Cash Surrender Value requirement. Your Policy must continue to have an illustrated Net Cash Surrender Value at the maturity date sufficient to meet the minimum Accumulated Value required to allow for payment of Policy charges, including Policy loan interest.

Illustrations generally will be run at an annual gross earnings rate chosen by you, not to exceed 12%. No earnings rate used is a guarantee or indication of actual earnings.

We will complete an AIO agreement form, and send it and the Illustration to your life insurance producer for delivery to you. The AIO agreement form will confirm your income payment amount, frequency and duration, and will also confirm your Policy's cost basis and other information about your elections under the AIO program.

------

Unless you request otherwise, distributions under the AIO program will be taken first as withdrawals if not taxable, then they will be taken as loans.

Payments under the AIO program will begin as scheduled once we receive your signed AIO agreement form. We will send you a letter confirming the date and amount of the first income payment.

The income payments will usually remain constant during each *income period*, unless there is insufficient Net Cash Surrender Value to make a payment. The duration of each income period is one year, except that the first income period may differ depending on the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● If the AIO program start date is six months or more from your next Policy Anniversary, the income period will end on the next Policy Anniversary. In this case, the first income period will last at least six months, but not more than one year.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● If the AIO program start date is less than six months from your next Policy Anniversary, the income period will extend to the following Policy Anniversary. In this case, the first income period will last at least one year, but no more than 18 months.

After the first income period, and each year you remain in the AIO program, we will run an Illustration after each Policy Anniversary. The Illustration will generally be run at a rate chosen by you, not to exceed a gross annual rate of 12%. Your Policy must continue to have an illustrated Net Cash Surrender Value at the maturity date sufficient to meet the minimum Accumulated Value required to allow for payment of Policy charges, including Policy loan interest. There is no charge for Illustrations we run in connection with the AIO program. They do not count toward your one free Illustration per year.

We will send you a letter and the Illustration to notify you of any changes in your income payment amount or duration. The new income payment amount will be effective on the income payment date following the previous income period.

Over time, your Policy's actual performance, and perhaps your use of the Policy's options are likely to vary from the assumptions used in the Illustrations. Changes in your Policy's Investment Option allocations can impact your future values and income you receive. Your Policy may also be susceptible to lapse.

You are responsible to monitor your Policy's Accumulated Value to ensure your Policy is not in danger of lapsing. You may need to make additional premium payments or loan repayments to prevent your Policy from lapsing. We will provide notice if the Policy's Accumulated Value, plus any Indexed Termination Credit (see **Indexed Fixed Options** – Minimum Indexed Benefit Rider in the Prospectus) less Total Policy Debt is not enough to pay the total monthly charge and will provide a Grace Period. The Grace Period allows you to pay sufficient premium to keep your Policy In Force and prevent your Policy from lapsing. You will not receive a notice to remind you of your scheduled premium payments while you are in the AIO program.

#### MORE INFORMATION ON POLICY CHARGES

#### Underwriting Methods and Nonstandard Ratings
We normally use the medical or paramedical method to assign underwriting or insurance Risk Classes, which may require a medical examination. We offer two additional forms of underwriting for executive and employee groups that meet specified multilife guidelines.

Guaranteed issue may be available where an employer-employee relationship exists and where at least 10 lives will be insured. To be eligible, prospective Insureds must be employed in an occupation or industry we consider an acceptable risk, must be full time employees or executives, and must be actively at work on a continuous basis during the 3-month period preceding application for insurance. Maximum Age for an Insured at Policy issue is usually 70. Cost of insurance rates distinguish between executive only groups and all-employee groups, instead of on individual underwriting information.

Simplified issue may be offered where the group does not qualify for guaranteed issue. Simplified issue is a process of limited underwriting using a short form application that includes health and avocation questions to be completed by each prospective Insured. We may request additional information, including an attending physician's statement, but will not require a physical examination. Simplified issue is available to executives only, under similar criteria as

------

guaranteed issue, except for lower participation levels and generally higher Death Benefits permitted per life. Cost of insurance rates are based on both individual underwriting information and executive class experience.

The current cost of insurance rates are generally higher for Policies issued under the guaranteed issue or simplified issue underwriting methods than for Policies issued under the fully underwritten medical or paramedical underwriting method. Guaranteed cost of insurance charges are not affected.

The guaranteed rates include the insurance risks associated with insuring one person. They are calculated using 2017 Commissioners Standard Ordinary Mortality Tables (sex blended tables are used for unisex cost of insurance rates). The rates are also based on the Age and sex of the Insured unless unisex rates are required.

If we determine from the application for insurance, or any later Evidence of Insurability, that the Insured presents a risk not accounted for by our standard Risk Classes, typically due to medical history, profession or hobby, we may still issue a Coverage Layer with higher or additional charges, referred to as a *nonstandard rating*. Most insurance companies have a similar process. The Policy charges may be increased by a nonstandard table factor. In certain cases, there may be an additional flat-rate charge for a period specified at the time the Coverage Layer is issued. If we determine that a nonstandard rating applies to your Coverage Layer, you will be notified of the applicable charges, inclusive of any additional rate or charge, at the time the Coverage Layer is issued.

#### Changes in Face Amount
Net Premiums you pay are allocated to the Accumulated Value in your base Policy and any charges, withdrawals and distributions are subtracted from that Accumulated Value.

Instead, to determine the cost of insurance charge on each Coverage Layer, as described in the prospectus under **YOUR POLICY'S ACCUMULATED VALUE,** we discount the total Death Benefit for all Coverage Layers that would have been payable at the beginning of the Policy month and subtract the Accumulated Value in the base Policy at the beginning of the month before the monthly charge is due to determine the total Net Amount At Risk for all Coverage Layers. We then prorate the Net Amount At Risk for each Coverage Layer in the same proportion that the Face Amount of each Coverage Layer bears to the Total Face Amount for all Coverage Layers. The Net Amount At Risk for each Coverage Layer is multiplied by the current cost of insurance rate for that Coverage Layer.

If you elect Death Benefit Option C, your Death Benefit on the base Policy is your base Policy's Face Amount plus any premium payments you make and less any withdrawals and distributions, subject to a maximum Death Benefit disclosed in your Policy Specifications. If you elect Death Benefit Option C and your Policy's Death Benefit equals the maximum Death Benefit as shown in your Policy Specifications, the Death Benefit provided by each Coverage Layer will be reduced proportionately for purposes of calculating the Net Amount At Risk. Unless you tell us which Coverage Layer(s) to reduce.

#### MORE ON VARIABLE LIFE INSURANCE AND YOUR TAXES
This discussion about taxes is based on our understanding of the present federal income tax laws as they are currently interpreted by the Internal Revenue Service (IRS). It is based on the Internal Revenue Code (the Tax Code) and does not cover any state or local tax laws. This is not a complete discussion of all federal income tax questions that may arise under the Policy. There are special rules that we do not include here that may apply in certain situations.

**We do not make any guarantees about the tax status of your Policy, and you should not consider the discussion that follows to be tax advice. Speak to a qualified tax advisor for complete information about federal, state and local taxes that may apply to you.**

We do not know whether the current treatment of life insurance policies under current federal income tax or estate or gift tax laws will continue. We also do not know whether the current interpretations of the laws by the IRS or the courts will remain the same. Future legislation may adversely change the tax treatment of life insurance policies, other tax consequences described in this discussion and in the Policy prospectus section **VARIABLE LIFE INSURANCE AND YOUR TAXES** or tax consequences that relate directly or indirectly to life insurance policies.

------

#### Mortality and Expense Charges
The Tax Code and tax regulations impose limitations on unreasonable mortality and expense charges for purposes of determining whether a policy qualifies as life insurance for federal tax purposes. For life insurance policies entered into on or after October 21, 1988, these calculations must be based upon reasonable mortality charges and other charges reasonably expected to be actually paid.

The Treasury Department has issued proposed regulations about reasonable standards for mortality charges. While we believe that our mortality costs and other expenses used in calculating whether the Policy qualifies as life insurance are reasonable under current laws, we cannot be sure that the IRS agrees with us. We can change our mortality charges if we believe the changes are needed to ensure that your Policy qualifies as a life insurance Policy.

#### Investor Control
For a variable life insurance policy to qualify for tax deferral, assets in the Separate Accounts supporting the Policy must be considered to be owned by the insurance company and not by the policy Owner. Under current U.S. tax law, if a policy Owner has excessive control over the investments made by a separate account, or the underlying Fund, the policy Owner will be taxed currently on income and gains from the account or Fund. In other words, in such a case of "investor control" the policy Owner would not derive the tax benefits normally associated with variable life insurance.

The application of the investor control doctrine is subject to some uncertainty. Generally, according to the IRS, there are two ways that impermissible investor control may exist. The first relates to the design of the Policy or the relationship between the Policy and a separate account or underlying Fund. For example, at various times, the IRS has focused on, among other factors, the number and type of investment choices available pursuant to a given Policy, whether the Policy offers access to Funds that are available to the general public, the number of transfers that a policy Owner may make from one Investment Option to another, and the degree to which a Policy Owner may select or control particular investments.

With respect to this first aspect of investor control, we believe that the design of our Policies and the relationship between our Policies and the Funds satisfy the current view of the IRS on this subject, such that the investor control doctrine should not apply. However, because of some uncertainty with respect to this subject and because the IRS may issue further guidance on this subject, we reserve the right to make such changes as we deem necessary or appropriate to reduce the risk that your Policy might not qualify as a life insurance policy for tax purposes.

The second way that impermissible investor control might exist concerns your actions. Under case law and IRS guidance, you may not select or control particular investments, other than choosing among broad investment choices such as selecting a particular Fund. You may not select or direct the purchase or sale of a particular investment of a Fund. All investment decisions concerning the Fund(s) must be made by the portfolio manager for such Fund in his or her sole and absolute discretion, and not by the Policy Owner.

Furthermore, you may not communicate directly or indirectly with such a portfolio manager or any related investment officers concerning the selection, quality, or rate of return of any specific investment or group of investments held by a Fund.

Finally, the IRS may issue additional guidance on the investor control doctrine, which might further restrict your actions or features of the Policy. Such guidance could be applied retroactively. If any of the rules outlined above are not complied with, the IRS may seek to tax you currently on income and gains from a Fund such that you would not derive the tax benefits normally associated with variable life insurance. Although highly unlikely, such an event may have an adverse impact on the Fund and other Policies. We urge you to consult your own tax advisor with respect to the application of the investor control doctrine.

#### Comparison to Taxable Investments
With respect to taxable investments, current tax law generally provides for a maximum tax rate for individual taxpayers, or entities taxed at the individual level, of 20% on long-term capital gains and on certain "qualifying dividends" on corporate stock. The long-term capital gains rate does not apply to corporations. Corporations pay tax based upon the corporate tax rate, which, depending upon income, may be higher than the long-term capital tax rate for individuals. An individual taxpayer will also have to satisfy a more than 60-day holding period with respect to

------

any distributions of qualifying dividends in order to obtain the benefit of the lower tax rate. Earnings from non-qualifying dividends, interest income, other types of ordinary income and short-term capital gains will be taxed at the ordinary income tax rate applicable to the taxpayer.

These rules mean that for policyholders who are individuals the tax-related advantage of life insurance compared to certain taxable investments is reduced because the tax burden applicable to long-term capital gains and from certain "qualifying dividends" on corporate stock may be less than the individual's ordinary income tax rate which is applied to taxable distributions from a life insurance Policy.

#### MORE ON THE POLICIES

#### Distribution Arrangements
Pacific Select Distributors, LLC (PSD), our subsidiary, acts as the distributor of the Policies. PSD is located at 700 Newport Center Drive, Newport Beach, California 92660. PSD is registered as a broker-dealer with the SEC and is a member of FINRA. We pay PSD for acting as distributor under a distribution agreement. We and PSD enter into selling agreements with broker-dealers whose life insurance producers are authorized by state insurance departments to sell the Policies.

The aggregate amount of underwriting commissions paid to PSD with regard to 2025, 2024 and 2023 was [ ], $185,503,101 and $153,471,103 respectively, of which $0 was retained.

We and/or an affiliate may pay additional cash compensation from their own resources in connection with the promotion and solicitation of applications for the Policies by some, but not all, broker-dealers.

As of December 31, 2025, the following firms have arrangements in effect with PSD pursuant to which the firms are entitled to receive a revenue sharing payment: Equitable Advisors LLC, Benefit Funding, CBIZ, Cadaret Grant & Co Inc, Cambridge Inv Research Inc, Capital Investment Group, Cetera Advisors LLC, Cetera Advisors Networks LLC, Cetera Financial Specialists LLC, Cetera Investment Services LLC, Commonwealth Financial Network Equity, CPS Financial & Insurance Services Inc, FAS CORPFirst Heartland Capital Corporation, Futurity First Insurance, Independent Financial Group, Kestra Investment Services LLC, Linsco Private Ledger Corp, Lion Street Financial LLC, M Holdings Securities, Next Financial Group Inc, PensionMark Securities LLC, P J Robb Variable Corp, Royal Alliance, Sagepoint Financial Inc, Saybrus Equity Svcs Inc, Securities America, Simplicity Financial Investment Services Inc, Sorrento Pacific Financial LLC, The Huntington Investment Company, The Leaders Group, Transamerica Financial, Triad Advisors Inc., United Planners, Western International Securities, Woodbury Financial Services, and World Equity Group.

We or our affiliates may also pay other override payments, expense allowances and reimbursements, bonuses, wholesaler fees, and training and marketing allowances. Such payments may offset the broker-dealer's expenses in connection with activities that it is required to perform, such as educating personnel and maintaining records. Life insurance producers may also receive non-cash compensation such as expense-paid educational or training seminars involving travel within and outside the U.S. or promotional merchandise.

All of the compensation described in this section, and other compensation or benefits provided by us or our affiliates, may be more or less than the overall compensation on similar or other products and may influence your life insurance producer or broker-dealer to present this Policy over other Investment Options. You may ask your life insurance producer about these differing and divergent interests and how he/she and his/her broker-dealer are compensated for selling the Policy.

Portfolio managers of the underlying portfolios of Pacific Select Fund available under this Policy may from time to time bear all or a portion of the expenses of conferences or meetings sponsored by Pacific Life or PSD that are attended by, among others, life insurance producers of PSD, who would receive information and/or training regarding the Fund's portfolios and their management by the portfolio managers in addition to information respecting the variable annuity and/or life insurance products issued by Pacific Life and its affiliates. Other persons may also attend all or a portion of any such conferences or meetings, including directors, officers and employees of Pacific Life, officers and trustees of Pacific Select Fund, and spouses/guests of the foregoing. The Pacific Select Fund's Board of Trustees may hold meetings concurrently with such a conference or meeting. The Pacific Select Fund pays for the expenses of the meetings of its Board of Trustees, including the pro rata share of expenses for

------

attendance by the Trustees at the concurrent conferences or meetings sponsored by Pacific Life or PSD. Additional expenses and promotional items may be paid for by Pacific Life and/or portfolio managers. PSD serves as the Pacific Select Fund's distributor.

#### Performance
Performance information may appear in advertisements, sales literature, or reports to Policy Owners or prospective buyers.

Information about performance of any Variable Account of the Separate Account reflects only the performance of a hypothetical Policy. The calculations are based on allocating the hypothetical Policy's Accumulated Value to the Variable Account during a particular time period.

Performance information is no guarantee of how a Fund or Variable Account will perform in the future. You should keep in mind the investment objectives and policies, characteristics and quality of the Fund in which the Variable Account invests, and the market conditions during the period of time that's shown.

We may show performance information in any way that's allowed under the law that applies to it. This may include presenting a change in Accumulated Value due to the performance of one or more Variable Accounts, or as a change in a Policy Owner's Death Benefit.

We may show performance as a change in Accumulated Value over time or in terms of the average annual compounded rate of return on Accumulated Value. This would be based on allocating premium payments for a hypothetical Policy to a particular Variable Account over certain periods of time, including one year, or from the day the Variable Account started operating. If a Fund has existed for longer than its corresponding Variable Account, we may also show the hypothetical returns that the Variable Account would have achieved had it invested in the Fund from the day the Fund started operating.

Performance may reflect the deduction of all Policy charges including premium load, the cost of insurance, the administrative charge, and the mortality and expense risk charge. The different Death Benefit Options will result in different expenses for the cost of insurance, and the varying expenses will result in different Accumulated Values.

Performance may also reflect the deduction of the surrender charge, if it applies, by assuming the hypothetical Policy is surrendered at the end of the particular period. At the same time, we may give other performance figures that do not assume the Policy is surrendered and do not reflect any deduction of the surrender charge.

We may also show performance of the underlying Funds based on the change in value of a hypothetical investment over time or in terms of the average annual compounded return over time. Performance of the Fund(s) will not reflect the deduction of Policy charges. If Policy charges were reflected, the performance would be lower.

In our advertisements, sales literature and reports to Policy Owners, we may compare performance information for a Variable Account to:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● other variable life separate accounts, mutual funds, or investment products tracked by research firms, rating services, companies, publications, or persons who rank separate accounts or investment products on overall performance or other criteria.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● the Consumer Price Index, to assess the real rate of return from buying a Policy by taking inflation into consideration.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● various indices that are unmanaged.

Reports and promotional literature may also contain our rating or a rating of our claims paying ability. These ratings are set by firms that analyze and rate insurance companies and by nationally recognized statistical rating organizations.

#### Financial Statements
[The financial statements of Pacific Select Exec Separate Account of Pacific Life as of December 31, 2025 and for each of the periods presented are incorporated by reference to the Variable Account's Form N-VPFS, File No. 811-05563 filed with the SEC on April [ ], 2026. Pacific Life's statutory basis financial statements as of December 31,

------

2025 and 2024 and for each of the three years in the period ended December 31, 2025 are incorporated by reference to the Variable Account's Form N-VPFS, File No. 811-05563 filed with the SEC on April [ ], 2026. These financial statements should be considered only as bearing on the ability of Pacific Life to meet its obligations under the Policies and not as a bearing on the investment performance of the assets held in the Separate Account.]

#### Independent Registered Public Accounting Firm and Independent Auditors
The financial statements of Pacific Select Exec Separate Account of Pacific Life Insurance Company as of December 31, 2025 and for each of the periods presented have been audited by [ ], independent registered public accounting firm, as stated in their report incorporated by reference in the Statement of Additional Information and appearing in the Variable Account's Form N-VPFS, File No. 811-05563, filed with the SEC on April [ ], 2026. Such financial statements are incorporated by reference in reliance upon the report of such firm given upon their authority as experts in accounting and auditing.<br>

The statutory basis financial statements of Pacific Life Insurance Company as of December 31, 2025 and 2024 and for each of the three years in the period ended December 31, 2025 incorporated by reference in the Statement of Additional Information and appearing in the Variable Account's Form N-VPFS, File No. 811-05563, filed with the SEC on April [ ], 2026, have been audited by [ ], independent auditors, as stated in their report which express an unqualified opinion on the statutory-basis financial statements and an adverse opinion on accounting principles generally accepted in the United States of America. Such financial statements are incorporated by reference in reliance upon the report of such firm given upon their authority as experts in accounting and auditing.

The business address of [ ] is 695 Town Center Drive, Costa Mesa, CA 92626.

------

#### Form No. 15-53348-00

------

#### PACIFIC SELECT EXEC SEPARATE ACCOUNT

#### PART C: OTHER INFORMATION (MVP VUL Admiral 2)

#### Item 30. Exhibits

---

| | |
|:---|:---|
| (a) | **Board of Directors Resolution** |
| (i) | Resolution of the Board of Directors of the Depositor dated November 22, 1989 and copies of the Memoranda concerning Pacific Select Exec Separate Account dated May 12, 1988 and January 26, 1993. Filed as part of the Registration Statement on Form N-6 on September 10, 2004, File No. 333-118913, Accession Number 0000892569-04-000869. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/832908/000089256904000869/a01082exv99w1xay.htm](https://www.sec.gov/Archives/edgar/data/832908/000089256904000869/a01082exv99w1xay.htm) |
| (ii) | Resolution of the Board of Directors of Pacific Life Insurance Company authorizing conformity to the terms of the current Bylaws. Filed as part of the Registration Statement on Form N-6 on September 10, 2004, File No. 333-118913, Accession Number 0000892569-04-000869. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/832908/000089256904000869/a01082exv99w1xby.htm](https://www.sec.gov/Archives/edgar/data/832908/000089256904000869/a01082exv99w1xby.htm) |
| (b) | **Custodian Agreements** |
|  | Inapplicable |
| (c) | **Underwriting Contracts** |
| (i) | Distribution Agreement between Pacific Life Insurance Company, Pacific Life & Annuity Company and Pacific Select Distributors, Inc. (PSD); Filed as part of the Registration Statement on Form N-6 on May 27, 2011, File No. 333-172851, Accession Number 0000950123-11-054590. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/832908/000095012311054590/a58731a1exv99wx3yxay.htm](https://www.sec.gov/Archives/edgar/data/832908/000095012311054590/a58731a1exv99wx3yxay.htm) |
| (ii) | Form of Selling Agreement Between Pacific Mutual Distributors, Inc. and Various Broker-Dealers; Filed as part of the Registration Statement on Form N-6 on September 10, 2004, File No. 333-118913, Accession Number 0000892569-04-000869. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/832908/000089256904000869/a01082exv99w3xby.htm](https://www.sec.gov/Archives/edgar/data/832908/000089256904000869/a01082exv99w3xby.htm) |
| (iii) | Distribution Agreement Between Pacific Select Distributors, Inc. and T. Rowe Price Investment Services, Inc.; Filed as part of the Registration Statement on Form N-6 on April 19, 2005, File No. 033-21754, Accession Number 0000892569-05-000254. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/832908/000089256905000254/a05877a1exv99wx3yxcy.htm](https://www.sec.gov/Archives/edgar/data/832908/000089256905000254/a05877a1exv99wx3yxcy.htm) |
| (a) | First Amendment to Distribution Agreement; Included in Registrant's Form N-6, File No. 333-231309, Accession No. 0001104659-20-047475 filed April 16, 2020, and incorporated by reference herein. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/832908/000110465920047475/a20-9361_1ex99d3c1.htm](https://www.sec.gov/Archives/edgar/data/832908/000110465920047475/a20-9361_1ex99d3c1.htm) |
| (iv) | Distribution Agreement between Pacific Life Insurance Company, Pacific Life & Annuity Company and Pacific Select Distributors, LLC (PSD) (Amended and Restated); Included in Registrant's Form N-6, File No. 333-150092, Accession No. 0001104659-17-024492 filed April 19, 2017, and incorporated by reference herein. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/832908/000110465917024492/a16-17361_1ex99d3d.htm](https://www.sec.gov/Archives/edgar/data/832908/000110465917024492/a16-17361_1ex99d3d.htm) |
| (d) | **Contracts** |

---

------

(i) [Flexible Premium Variable Life Insurance Policy (form ICC25 P25VIUL); Filed herewith.](tm2514633d2_ex99-xdxi.htm)

(a) [Specifications page (form ICC25 S25ADM2); Filed herewith.](tm2514633d2_ex99-xdxixa.htm)

(ii) [Accelerated Death Benefit Rider for Chronic Illness (form ICC18 S18ADB) (Premier Living Benefits Rider 2); Filed herewith.](tm2514633d2_ex99-xdxii.htm)

(a) [Specifications pages (form ICC18 S18ADB) (Premier Living Benefits Rider 2); Filed herewith.](tm2514633d2_ex99-xdxiixa.htm)

(iii) [Flexible Duration No-Lapse Guarantee Rider (form ICC25 R25FNL); Filed herewith.](tm2514633d2_ex99-xdxiii.htm)

(a) [Specifications pages (form ICC25 S25FNL); Filed herewith.](tm2514633d2_ex99-xdxiiixa.htm)

(iv) Conversion Rider (form ICC13 R13CON); Filed as part of the Registration Statement on Form N-6 on February 7, 2014, File No. 333-153022, Accession Number 0001193125-14-040507. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/832908/000119312514040507/d655724dex994o.htm](https://www.sec.gov/Archives/edgar/data/832908/000119312514040507/d655724dex994o.htm)

(v) Accelerated Death Benefit Rider for Terminal Illness (form ICC12 R12TIC) (Terminal Illness Rider); Filed as part of the Registration Statement on Form N-6 on October 19, 2012, File No. 333-150092, Accession Number 0000950123-12-012563. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/832908/000095012312012563/a30132aexv99wx4yxddy.htm](https://www.sec.gov/Archives/edgar/data/832908/000095012312012563/a30132aexv99wx4yxddy.htm)

(vi) 1 Year Indexed Account (form ICC20 I20V1NDX); Included in Registrant's Form N-6, File No. 333-238780, Accession No. 0001104659-20-067577 filed May 29, 2020, and incorporated by reference herein. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/832908/000110465920067577/a20-20758_1ex99db4h.htm](https://www.sec.gov/Archives/edgar/data/832908/000110465920067577/a20-20758_1ex99db4h.htm)

(vii) 1 Year Indexed Account 6 (form ICC20 I20V1NDX6)(High Cap); Included in Registrant's Form N-6, File No. 333-238780, Accession No. 0001104659-20-067577 filed May 29, 2020, and incorporated by reference herein. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/832908/000110465920067577/a20-20758_1ex99db4j.htm](https://www.sec.gov/Archives/edgar/data/832908/000110465920067577/a20-20758_1ex99db4j.htm)

(viii) Scheduled Annual Renewable Term Rider (form ICC15 R15SRT); Filed as part of the Registration Statement on Form N-6 on February 24, 2015, File No. 333-202248, Accession Number 0001193125-15-059457. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/832908/000119312515059457/d877621dex994c.htm](https://www.sec.gov/Archives/edgar/data/832908/000119312515059457/d877621dex994c.htm)

(a) Specifications pages (form ICC17 S17SRT); Filed as part of the Registration Statement on Form N-6 on May 9, 2019, File No. 333-231309, Accession Number 0001104659-19-028108, and incorporated by reference herein. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/832908/000110465919028108/a19-9294_1ex99d4m1.htm](https://www.sec.gov/Archives/edgar/data/832908/000110465919028108/a19-9294_1ex99d4m1.htm)

(ix) Overloan Protection 3 Rider (form ICC15 R15OLP); Filed as part of the Registration Statement on Form N-6 on February 24, 2015, File No. 333-202248, Accession Number 0001193125-15-059457. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/832908/000119312515059457/d877621dex994d.htm](https://www.sec.gov/Archives/edgar/data/832908/000119312515059457/d877621dex994d.htm)

(a) Specifications pages (form ICC15 R15OLP SP); Filed as part of the Registration Statement on Form N-6 on June 18, 2015, File No. 333-150092, Accession Number 0001193125-15-2268877. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/832908/000119312515226877/d942814dex994ff1.htm](https://www.sec.gov/Archives/edgar/data/832908/000119312515226877/d942814dex994ff1.htm)

------

(x) Accelerated Death Benefit Rider for Long-Term Care (form ICC16 R16LTC) (Premier LTC Rider); Filed as part of the Registration Statement on Form N-6 on July 11, 2016, File No. 333-150092, Accession Number 0001193125-16-645261. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/832908/000119312516645261/d210996dex994hh.htm](https://www.sec.gov/Archives/edgar/data/832908/000119312516645261/d210996dex994hh.htm)

(a) Specifications pages (form ICC16 R16LTCV SP); Filed as part of the Registration Statement on Form N-6 on July 11, 2016, File No. 333-150092, Accession Number 0001193125-16-645261. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/832908/000119312516645261/d210996dex994hh1.htm](https://www.sec.gov/Archives/edgar/data/832908/000119312516645261/d210996dex994hh1.htm)

(xi) Accelerated Death Benefit Rider for Chronic and Terminal Illness (form ICC18 R18ADB) (Premier Living Benefits 2 Rider); Filed as part of the Registration Statement on Form N-6 on May 9, 2019, File No. 333-231309, Accession Number 0001104659-19-028108, and incorporated by reference herein. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/832908/000110465919028108/a19-9294_1ex99d4q.htm](https://www.sec.gov/Archives/edgar/data/832908/000110465919028108/a19-9294_1ex99d4q.htm)

(a) Specifications pages (form ICC18 S18ADB); Filed as part of the Registration Statement on Form N-6 on May 9, 2019, File No. 333-231309, Accession Number 0001104659-19-028108, and incorporated by reference herein. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/832908/000110465919028108/a19-9294_1ex99d4q1.htm](https://www.sec.gov/Archives/edgar/data/832908/000110465919028108/a19-9294_1ex99d4q1.htm)

(xii) [Alternate Loan Rider 3 (form ICC23 R23ALR3); Filed herewith.](tm2514633d2_ex99-xdxxii.htm)

(a) [Specifications pages (ICC23 S23ALR3); Filed herewith.](tm2514633d2_ex99-xdxxiixa.htm)

(xiii) Minimum Indexed Benefit Rider (form ICC20 R20MIBR); Included in Registrant's Form N-6, File No. 333-238780, Accession No. 0001104659-20-067577 filed May 29, 2020, and incorporated by reference herein. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/832908/000110465920067577/a20-20758_1ex99db4q.htm](https://www.sec.gov/Archives/edgar/data/832908/000110465920067577/a20-20758_1ex99db4q.htm)

(a) Specifications page (form ICC20 S20MIBR); Included in Registrant's Form N-6, File No. 333-238780, Accession No. 0001104659-20-067577 filed May 29, 2020, and incorporated by reference herein. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/832908/000110465920067577/a20-20758_1ex99db4q1.htm](https://www.sec.gov/Archives/edgar/data/832908/000110465920067577/a20-20758_1ex99db4q1.htm)

(xiv) [Surender Value Enhancements Rider 3 (form ICC18 R18SV3); Filed herewith](tm2514633d2_ex99-xdxxiv.htm)

(a) [Specifications page (form ICC18 S18SV3); Filed herewith](tm2514633d2_ex99-xdxxivxa.htm)

(xv) [No-Lapse Guarantee Rider (form ICC22 R22NLG); Filed herewith](tm2514633d2_ex99-xdxxv.htm)

(a) [Specifications page (form ICC22 S22NLG); Filed herewith](tm2514633d2_ex99-xdxxvxa.htm)

(xvi) [Long Term Performance Rider (form ICC25 R25LTP); Filed herewith](tm2514633d2_ex99-xdxxvi.htm)

(a) [Specifications page (form ICC25 S25LTP); Filed herewith](tm2514633d2_ex99-xdxxvixa.htm)

------

(e) **Applications**

(i) [Application for Flexible Premium Variable Life Insurance Policy & General Questionnaire; Filed herewith.](tm2514633d2_ex99-xexi.htm)

(f) **Depositor's Certificate of Incorporation and By-Laws**

(i) Bylaws of Pacific Life Insurance Company; Filed as part of the Registration Statement on Form N-6 on September 10, 2004, File No. 333-118913, Accession Number 0000892569-04-000869. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/832908/000089256904000869/a01082exv99w6xby.htm](https://www.sec.gov/Archives/edgar/data/832908/000089256904000869/a01082exv99w6xby.htm)

(ii) Articles of Incorporation of Pacific Life Insurance Company; Filed as part of the Registration Statement on Form N-6 on September 10, 2004, File No. 333-118913, Accession Number 0000892569-04-000869. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/832908/000089256904000869/a01082exv99w6xay.htm](https://www.sec.gov/Archives/edgar/data/832908/000089256904000869/a01082exv99w6xay.htm)

(iii) Restated Articles of Incorporation of Pacific Life Insurance Company; Filed as part of the Registration Statement on Form N-6 on December 6, 2005, File No. 333-118913, Accession Number 0000892569-05-001150. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/832908/000089256905001150/a14958exv99wx6yxcy.htm](https://www.sec.gov/Archives/edgar/data/832908/000089256905001150/a14958exv99wx6yxcy.htm)

(iv) Bylaws of Pacific Life Insurance Company As Amended Effective September 1, 2005; Filed as part of the Registration Statement on Form N-6 via EDGAR on December 6, 2005, File No. 333-118913, Accession Number 0000892569-05-001150. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/832908/000089256905001150/a14958exv99wx6yxdy.htm](https://www.sec.gov/Archives/edgar/data/832908/000089256905001150/a14958exv99wx6yxdy.htm)

(g) **Reinsurance Contracts**

(i) Reinsurance Agreement with RGA Reinsurance Company Effective December 1, 2008; Filed as part of the Registration Statement on Form N-6 on December 13, 2019, File No. 333-231309, Accession Number 0001104659-19-072404. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/832908/000110465919072404/a19-25055_1ex99d7a.htm](https://www.sec.gov/Archives/edgar/data/832908/000110465919072404/a19-25055_1ex99d7a.htm)

(a) Amendments 1 and 2 to Reinsurance Agreement; Filed as part of the Registration Statement on Form N-6 on December 13, 2019, File No. 333-231309, Accession Number 0001104659-19-072404. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/832908/000110465919072404/a19-25055_1ex99d7a1.htm](https://www.sec.gov/Archives/edgar/data/832908/000110465919072404/a19-25055_1ex99d7a1.htm)

(b) Amendment 3 to Reinsurance Agreement (portions of this amendment have been omitted) ; Filed as part of the Registration Statement on Form N-6 on December 13, 2019, File No. 333-231309, Accession Number 0001104659-19-072404. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/832908/000110465919072404/a19-25055_1ex99d7a2.htm](https://www.sec.gov/Archives/edgar/data/832908/000110465919072404/a19-25055_1ex99d7a2.htm)

(c) Amendments 4 through 17 to Reinsurance Agreement; Filed as part of the Registration Statement on Form N-6 on December 13, 2019, File No. 333-231309, Accession Number 0001104659-19-072404. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/832908/000110465919072404/a19-25055_1ex99d7a3.htm](https://www.sec.gov/Archives/edgar/data/832908/000110465919072404/a19-25055_1ex99d7a3.htm)

------

(ii) Reinsurance Agreement with Swiss Re Life & Health America Inc. Effective December 1, 2008; Filed as part of the Registration Statement on Form N-6 on December 13, 2019, File No. 333-231309, Accession Number 0001104659-19-072404. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/832908/000110465919072404/a19-25055_1ex99d7b.htm](https://www.sec.gov/Archives/edgar/data/832908/000110465919072404/a19-25055_1ex99d7b.htm)

(a) Amendments 1 through 3 to Reinsurance Agreement; Filed as part of the Registration Statement on Form N-6 on December 13, 2019, File No. 333-231309, Accession Number 0001104659-19-072404. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/832908/000110465919072404/a19-25055_1ex99d7b1.htm](https://www.sec.gov/Archives/edgar/data/832908/000110465919072404/a19-25055_1ex99d7b1.htm)

(b) Amendment 4 to Reinsurance Agreement (portions of this amendment have been omitted) ; Filed as part of the Registration Statement on Form N-6 on December 13, 2019, File No. 333-231309, Accession Number 0001104659-19-072404. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/832908/000110465919072404/a19-25055_1ex99d7b2.htm](https://www.sec.gov/Archives/edgar/data/832908/000110465919072404/a19-25055_1ex99d7b2.htm)

(c) Amendments 5 through 17 to Reinsurance Agreement; Filed as part of the Registration Statement on Form N-6 on December 13, 2019, File No. 333-231309, Accession Number 0001104659-19-072404. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/832908/000110465919072404/a19-25055_1ex99d7b3.htm](https://www.sec.gov/Archives/edgar/data/832908/000110465919072404/a19-25055_1ex99d7b3.htm)

(iii) Reinsurance Agreement with Munich American Reassurance Company Effective December 1, 2008; Filed as part of the Registration Statement on Form N-6 on December 13, 2019, File No. 333-231309, Accession Number 0001104659-19-072404. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/832908/000110465919072404/a19-25055_1ex99d7c.htm](https://www.sec.gov/Archives/edgar/data/832908/000110465919072404/a19-25055_1ex99d7c.htm)

(a) Amendments 1 through 16 to Reinsurance Agreement; Filed as part of the Registration Statement on Form N-6 on December 13, 2019, File No. 333-231309, Accession Number 0001104659-19-072404. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/832908/000110465919072404/a19-25055_1ex99d7c1.htm](https://www.sec.gov/Archives/edgar/data/832908/000110465919072404/a19-25055_1ex99d7c1.htm)

(iv) Reinsurance Agreement with SCOR Global Life USA Reinsurance Company (formerly Generali USA Life Reassurance Company) Effective December 1, 2008; Filed as part of the Registration Statement on Form N-6 on December 13, 2019, File No. 333-231309, Accession Number 0001104659-19-072404. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/832908/000110465919072404/a19-25055_1ex99d7d.htm](https://www.sec.gov/Archives/edgar/data/832908/000110465919072404/a19-25055_1ex99d7d.htm)

(a) Amendments 1 and 2 to Reinsurance Agreement; Filed as part of the Registration Statement on Form N-6 on December 13, 2019, File No. 333-231309, Accession Number 0001104659-19-072404. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/832908/000110465919072404/a19-25055_1ex99d7d1.htm](https://www.sec.gov/Archives/edgar/data/832908/000110465919072404/a19-25055_1ex99d7d1.htm)

(b) Amendment 3 to Reinsurance Agreement (portions of this amendment have been omitted); Filed as part of the Registration Statement on Form N-6 on December 13, 2019, File No. 333-231309, Accession Number 0001104659-19-072404. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/832908/000110465919072404/a19-25055_1ex99d7d2.htm](https://www.sec.gov/Archives/edgar/data/832908/000110465919072404/a19-25055_1ex99d7d2.htm)

------

(c) Amendments 4 through 16 to Reinsurance Agreement; Filed as part of the Registration Statement on Form N-6 on December 13, 2019, File No. 333-231309, Accession Number 0001104659-19-072404. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/832908/000110465919072404/a19-25055_1ex99d7d3.htm](https://www.sec.gov/Archives/edgar/data/832908/000110465919072404/a19-25055_1ex99d7d3.htm)

(h) **Participation Agreements**

(i) Participation Agreement between Pacific Life Insurance Company and Pacific Select Fund; Filed as part of the Registration Statement on Form N-6 on September 10, 2004, File No. 333-118913, Accession Number 0000892569-04-000869. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/832908/000089256904000869/a01082exv99w8xay.htm](https://www.sec.gov/Archives/edgar/data/832908/000089256904000869/a01082exv99w8xay.htm)

(a) Exhibit B to the Pacific Select Fund Participation Agreement; Included in Registrant's Form N-4, File No. 333-160772, Accession No. 0001193125-14-310473 filed August 15, 2014, and incorporated by reference herein. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/935823/000119312514310473/d767546dex998qq.htm](https://www.sec.gov/Archives/edgar/data/935823/000119312514310473/d767546dex998qq.htm)

(ii) Participation Agreement with Fidelity Variable Insurance Products (Variable Insurance Products Funds, Variable Insurance Products Fund II, Variable Insurance Products Fund III); Filed as part of the Registration Statement on Form N-6 on February 10, 2005, File No. 333-118913, Accession Number 0000892569-05-000054. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/832908/000089256905000054/a05030exv99wx8yxby.htm](https://www.sec.gov/Archives/edgar/data/832908/000089256905000054/a05030exv99wx8yxby.htm)

(a) Form of Amendment to Fidelity Distributors Corporation Participation Agreement; Filed as part of the Registration Statement on Form N-6 on September 28, 2007, File No. 333-118913, Accession Number 0000892569-07-001219. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/832908/000089256907001219/a34112exv99wx8yxyy.htm](https://www.sec.gov/Archives/edgar/data/832908/000089256907001219/a34112exv99wx8yxyy.htm)

(b) Form of Second Amendment to Fidelity Distributors Corporation Participation Agreement; Filed as part of the Registration Statement on Form N-6 on April 23, 2012, File No. 333-150092, Accession Number 000950123-12-006370. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/832908/000095012312006370/a59859bexv99wx8yxxyx2y.htm](https://www.sec.gov/Archives/edgar/data/832908/000095012312006370/a59859bexv99wx8yxxyx2y.htm)

(c) Third Amendment to Fidelity Distributors Corporation Participation Agreement; Included as part of the Registration Statement on Form N-6, File No. 333-231309, filed on July 31, 2019, Accession No. 0001104659-19-042835, and incorporated by reference herein. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/832908/000110465919042835/a19-13237_1ex99d8t3.htm](https://www.sec.gov/Archives/edgar/data/832908/000110465919042835/a19-13237_1ex99d8t3.htm)

(d) Fourth Amendment to Fidelity Distributors Corporation Participation Agreement; Included in Registrant's Form N-6, File No. 333-231309, Accession No. 0001104659-20-047475 filed April 16, 2020, and incorporated by reference herein. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/832908/000110465920047475/a20-9361_1ex99d8t4.htm](https://www.sec.gov/Archives/edgar/data/832908/000110465920047475/a20-9361_1ex99d8t4.htm)

(e) Fifth Amendment to Fidelity Distributors Corporation Participation Agreement; Included in Registrant's Form N-6, File No. 333-238780, Accession No. 0001104659-20-108573 filed September 25, 2020, and incorporated by reference herein. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/832908/000110465920108573/a20-31614_1ex99d8b5.htm](https://www.sec.gov/Archives/edgar/data/832908/000110465920108573/a20-31614_1ex99d8b5.htm)

------

(iii) Service Contract with Fidelity Distributors Corporation; Filed as part of the Registration Statement on Form N-6 on February 10, 2005, File No. 333-118913, Accession Number 0000892569-05-000054. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/832908/000089256905000054/a05030exv99wx8yxcy.htm](https://www.sec.gov/Archives/edgar/data/832908/000089256905000054/a05030exv99wx8yxcy.htm)

(iv) Form of Amendment to Fidelity Investments Institutional Operations Company, Inc. Service Agreement; Filed as part of the Registration Statement on Form N-6 on September 28, 2007, File No. 333-118913, Accession Number 0000892569-07-001219. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/832908/000089256907001219/a34112exv99wx8yxzy.htm](https://www.sec.gov/Archives/edgar/data/832908/000089256907001219/a34112exv99wx8yxzy.htm)

(v) Form of Amendment to Fidelity Distributors Corporation Service Contract; Filed as part of the Registration Statement on Form N-6 on September 28, 2007, File No. 333-118913, Accession Number 0000892569-07-001219. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/832908/000089256907001219/a34112exv99wx8yxaay.htm](https://www.sec.gov/Archives/edgar/data/832908/000089256907001219/a34112exv99wx8yxaay.htm)

(vi) Participation Agreement with DFA Investment Dimensions Group Inc.; Filed as part of the Registration Statement on Form N-6 on May 9, 2019, File No. 333-231309, Accession Number 0001104659-19-028108, and incorporated by reference herein. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/832908/000110465919028108/a19-9294_1ex99d8ww.htm](https://www.sec.gov/Archives/edgar/data/832908/000110465919028108/a19-9294_1ex99d8ww.htm)

(a) First Amendment to Participation Agreement; Included in Registrant's Form N-6, File No. 333-238780, Accession No. 0001104659-20-108573 filed September 25, 2020, and incorporated by reference herein. This exhibit can be found at [https://www.sec.gov/Archives/edgar/data/832908/000110465920108573/a20-31614_1ex99d8f1.htm](https://www.sec.gov/Archives/edgar/data/832908/000110465920108573/a20-31614_1ex99d8f1.htm)

(vii) Participation Agreement with Vanguard Variable Insurance Fund; Filed as part of the Registration Statement on Form N-6 on May 14, 2020, File No. 333-231311, Accession Number 0001104659-20-061462, and incorporated by reference herein. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/832908/000110465920061462/a20-19511_5ex99d8yy.htm](https://www.sec.gov/Archives/edgar/data/832908/000110465920061462/a20-19511_5ex99d8yy.htm)

(viii) Participation Agreement between Pacific Life Insurance Company, Pacific Life & Annuity and M Fund; Filed as part of the Registration Statement on Form N-6 on July 9, 2008, File No. 333-152224, Accession Number 0000892569-08-000978. This exhibit can be found at [https://www.sec.gov/Archives/edgar/data/832908/000089256908000978/a40250orexv99w8xaay.htm](https://www.sec.gov/Archives/edgar/data/832908/000089256908000978/a40250orexv99w8xaay.htm)

(a) First Amendment to Participation Agreement; Included in Registrant's Form N-6, File No. 333-152224, Accession No. 0001193125-15-132721 filed April 16, 2025, and incorporated by reference herein. This exhibit can be found at [https://www.sec.gov/Archives/edgar/data/832908/000119312515132721/d831767dex998aa1.htm](https://www.sec.gov/Archives/edgar/data/832908/000119312515132721/d831767dex998aa1.htm)

(ix) Administrative Services Agreement with Blackrock Distributors, Inc. (formerly called FAM Distributors, Inc.); Filed as part of the Registration Statement on Form N-6 on February 10, 2005, File No. 333-118913, Accession Number 0000892569-05-000054. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/832908/000089256905000054/a05030exv99wx8yxey.htm](https://www.sec.gov/Archives/edgar/data/832908/000089256905000054/a05030exv99wx8yxey.htm)

(a) First Amendment to Administrative Services Agreement; Included in Registrant's Form N-4, File No. 333-236927, Accession No. 0001104659-20-029802, filed on March 6, 2020, and incorporated by reference herein. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/935823/000110465920029802/a20-11372_1ex99d8e1.htm](https://www.sec.gov/Archives/edgar/data/935823/000110465920029802/a20-11372_1ex99d8e1.htm)

------

(b) Second Amendment to Administrative Services Agreement; Included in Registrant's Form N-4, File No. 333-160772, Accession No. 0001193125-14-310473 filed August 15, 2014, and incorporated by reference herein. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/935823/000119312514310473/d767546dex998h2.htm](https://www.sec.gov/Archives/edgar/data/935823/000119312514310473/d767546dex998h2.htm)

(c) Third Amendment to Administrative Services Agreement; Included in Registrant's Form N-4, File No. 333-160772, Accession No. 0001193125-14-310473 filed August 15, 2014, and incorporated by reference herein. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/935823/000119312514310473/d767546dex998h3.htm](https://www.sec.gov/Archives/edgar/data/935823/000119312514310473/d767546dex998h3.htm)

(d) Fourth Amendment to Administrative Services Agreement; Included in Registrant's Form N-6, File No. 333-150092, Accession No. 0001193125-15-132725 filed April 16, 2015, and incorporated by reference herein. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/832908/000119312515132725/d833409dex998e4.htm](https://www.sec.gov/Archives/edgar/data/832908/000119312515132725/d833409dex998e4.htm)

(x) Participation Agreement with T. Rowe Price Equity Series, Inc.; Filed as part of the Registration Statement on Form N-6 on April 19, 2005, File No. 033-21754, Accession Number 0000892569-05-000254. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/832908/000089256905000054/a05030exv99wx8yxfy.htm](https://www.sec.gov/Archives/edgar/data/832908/000089256905000054/a05030exv99wx8yxfy.htm)

(a) First Amendment to Participation Agreement; Filed as part of the Registration Statement on Form N-6 via EDGAR on May 30, 2013, File No. 333-150092, Accession Number 0001193125-13-240977. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/832908/000119312513240977/d533211dex998f1.htm](https://www.sec.gov/Archives/edgar/data/832908/000119312513240977/d533211dex998f1.htm)

(b) Second Amendment to Participation Agreement; Included as part of the Registration Statement on Form N-6, File No. 333-231309, filed on July 31, 2019, Accession No. 0001104659-19-042835, and incorporated by reference herein. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/832908/000110465919042835/a19-13237_1ex99d8f2.htm](https://www.sec.gov/Archives/edgar/data/832908/000110465919042835/a19-13237_1ex99d8f2.htm)

(xi) Administrative Services Agreement with T. Rowe Price Associates, Inc.; Filed as part of the Registration Statement on Form N-6 on April 19, 2005, File No. 033-21754, Accession Number 0000892569-05-000254. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/832908/000089256905000054/a05030exv99wx8yxgy.htm](https://www.sec.gov/Archives/edgar/data/832908/000089256905000054/a05030exv99wx8yxgy.htm)

(a) First Amendment to Administrative Services Agreement; Included as part of the Registration Statement on Form N-6, File No. 333-231309, filed on July 31, 2019, Accession No. 0001104659-19-042835, and incorporated by reference herein. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/832908/000110465919042835/a19-13237_1ex99d8g1.htm](https://www.sec.gov/Archives/edgar/data/832908/000110465919042835/a19-13237_1ex99d8g1.htm)

(b) Amendment to Administrative Services Agreement; Included in Registrant's Form N-6, File No. 333-231309, Accession No. 0001104659-20-047475 filed April 16, 2020, and incorporated by reference herein. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/832908/000110465920047475/a20-9361_1ex99d8g2.htm](https://www.sec.gov/Archives/edgar/data/832908/000110465920047475/a20-9361_1ex99d8g2.htm)

(xii) Participation Agreement with Janus Aspen Series; Filed as part of the Registration Statement on Form N-6 on April 16, 2007, File No. 333-118913, Accession Number 000892569-07-000444. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/832908/000089256907000444/a23397a1exv99wx8yxky.htm](https://www.sec.gov/Archives/edgar/data/832908/000089256907000444/a23397a1exv99wx8yxky.htm)

------

(a) First Amendment to Participation Agreement; Included in Registrant's Form N-4,
File No. 333-136597, Accession No. 0001193125-12-502964 filed on December 14, 2012 and incorporated by
reference herein. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/935823/000119312512502964/d438041dex998dd1.htm](https://www.sec.gov/Archives/edgar/data/935823/000119312512502964/d438041dex998dd1.htm)

(b) Second
Amendment to Participation Agreement; Included in Registrant's Form N-6, File No. 333-150092, Accession
No. 0001193125-15-132725 filed April 16, 2015, and incorporated by reference herein. This exhibit can
be found at [http://www.sec.gov/Archives/edgar/data/832908/000119312515132725/d833409dex998k2.htm](https://www.sec.gov/Archives/edgar/data/832908/000119312515132725/d833409dex998k2.htm)

(c) Third
Amendment to Participation Agreement; Filed as part of the Registration Statement on Form N-6 on May
9, 2019, File No. 333-231309, Accession Number 0001104659-19-028108, and incorporated by reference herein.
This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/832908/000110465919028108/a19-9294_1ex99d8j3.htm](https://www.sec.gov/Archives/edgar/data/832908/000110465919028108/a19-9294_1ex99d8j3.htm)

(xiii) Administrative Services Agreement with Janus Distributors
LLC; Filed as part of the Registration Statement on Form N-6 on April 16, 2007, File No. 333-118913,
Accession Number 000892569-07-000444. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/832908/000089256907000444/a23397a1exv99wx8yxmy.htm](https://www.sec.gov/Archives/edgar/data/832908/000089256907000444/a23397a1exv99wx8yxmy.htm)

(a) First
Amendment to Administrative Services Agreement; Filed as part of the Registration Statement on Form N-6
on May 9, 2019, File No. 333-231309, Accession Number 0001104659-19-028108, and incorporated by reference
herein. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/832908/000110465919028108/a19-9294_1ex99d8k1.htm](https://www.sec.gov/Archives/edgar/data/832908/000110465919028108/a19-9294_1ex99d8k1.htm)

(xiv) Distribution and Marketing Support Agreement (Amended and
Restated) with BlackRock Variable Series Fund, LLC.; Included in Registrant's Form N-6, File No. 333-150092,
Accession No. 0001193125-15-132725 filed April 16, 2015, and incorporated by reference herein. This exhibit
can be found at [http://www.sec.gov/Archives/edgar/data/832908/000119312515132725/d833409dex998ww.htm](https://www.sec.gov/Archives/edgar/data/832908/000119312515132725/d833409dex998ww.htm)

(xv) Fund Participation and Service Agreement with American Funds;
Included in Registrant's Form N-4, File No. 333-136597, Accession No. 0001193125-13-399333 filed on
October 15, 2013, and incorporated by reference herein. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/935823/000119312513399333/d608998dex998mm.htm](https://www.sec.gov/Archives/edgar/data/935823/000119312513399333/d608998dex998mm.htm)

(a) First
Amendment to Fund Participation and Service Agreement; Included in Registrant's Form N-4, File No.
333-136597, Accession No. 0001193125-14-143850 filed on April 15, 2014, and incorporated by reference
herein. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/935823/000119312514143850/d655763dex998mm1.htm](https://www.sec.gov/Archives/edgar/data/935823/000119312514143850/d655763dex998mm1.htm)

(b) Second
Amendment to Fund Participation and Service Agreement.; included in Registrant's Form N-4, File No.
333-136597, Accession No. 0001193125-15-128820 filed on April 14, 2015 and incorporated by reference
herein. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/935823/000119312515128820/d831895dex998mm2.htm](https://www.sec.gov/Archives/edgar/data/935823/000119312515128820/d831895dex998mm2.htm)

(c) Third
Amendment to Fund Participation and Service Agreement; Included in Registrant's Form N-4, File No.
333-136597, Accession No. 0001193125-15-346508 filed October 19, 2015, and incorporated by reference
herein. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/935823/000119312515346508/d62081dex998mm3.htm](https://www.sec.gov/Archives/edgar/data/935823/000119312515346508/d62081dex998mm3.htm)

------

(d) Fourth Amendment to Fund Participation and Service Agreement; Filed as part of
the Registration Statement on Form N-6 on May 9, 2019, File No. 333-231309, Accession Number 0001104659-19-028108,
and incorporated by reference herein. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/832908/000110465919028108/a19-9294_1ex99d8pp4.htm](https://www.sec.gov/Archives/edgar/data/832908/000110465919028108/a19-9294_1ex99d8pp4.htm)

(xvi) Participation Agreement with Neuberger Berman; Filed as part
of the Registration Statement on Form N-6 on April 15, 2013, File No. 333-150092, Accession Number 0000950123-13-002258.
This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/832908/000095012313002258/a30165bexv99w8xrry.htm](https://www.sec.gov/Archives/edgar/data/832908/000095012313002258/a30165bexv99w8xrry.htm)

(a) First
Amendment to Participation Agreement; Included in Registration Statement on Form N-6, File No. 333-150092,
Accession No. 0001193125-15-304337 filed on August 27, 2015 and incorporated by reference herein. This
exhibit can be found at [http://www.sec.gov/Archives/edgar/data/832908/000119312515304337/d42005dex998rr1.htm](https://www.sec.gov/Archives/edgar/data/832908/000119312515304337/d42005dex998rr1.htm)

(xvii) Administrative Services Agreement with Neuberger Berman; Filed
as part of the Registration Statement on Form N-6 on April 15, 2013, File No. 333-150092, Accession Number
0000950123-13-002258. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/832908/000095012313002258/a30165bexv99w8xssy.htm](https://www.sec.gov/Archives/edgar/data/832908/000095012313002258/a30165bexv99w8xssy.htm)

(xviii) Distribution and Administrative Services Agreement (Amended
and Restated) with Neuberger Berman; Included in Registration Statement on Form N-6, File No. 333-150092,
Accession No. 0001193125-15-304337 filed on August 27, 2015 and incorporated by reference herein. This
exhibit can be found at [http://www.sec.gov/Archives/edgar/data/832908/000119312515304337/d42005dex998xx.htm](https://www.sec.gov/Archives/edgar/data/832908/000119312515304337/d42005dex998xx.htm)

(xix) Distribution Sub-Agreement with BlackRock Variable Series
Funds, Inc.; Included in Registrant's Form N-6, File No. 333-150092, Accession No. 0001104659-17-024492
filed April 19, 2017, and incorporated by reference herein. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/832908/000110465917024492/a16-17361_1ex99d8aaa.htm](https://www.sec.gov/Archives/edgar/data/832908/000110465917024492/a16-17361_1ex99d8aaa.htm)

(xx) Business Agreement with American Funds; Included as part of
the Registration Statement on Form N-6, File No. 333-231309, filed on July 31, 2019, Accession No. 0001104659-19-042835,
and incorporated by reference herein. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/832908/000110465919042835/a19-13237_1ex99d8xx.htm](https://www.sec.gov/Archives/edgar/data/832908/000110465919042835/a19-13237_1ex99d8xx.htm)

(a) First
Amendment to Business Agreement; Included as part of the Registration Statement on Form N-6, File No.
333-231309, filed on July 31, 2019, Accession No. 0001104659-19-042835, and incorporated by reference
herein. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/832908/000110465919042835/a19-13237_1ex99d8xx1.htm](https://www.sec.gov/Archives/edgar/data/832908/000110465919042835/a19-13237_1ex99d8xx1.htm)

(xxi) Schwab Annuity Portfolios
Participation Agreement; included in Registration Statement on Form N-4, File No. 333-178739, Accession
No. 0000950123-12-006435, filed on April 24, 2012, and incorporated by reference herein. This exhibit
can be found at [http://www.sec.gov/Archives/edgar/data/935823/000095012312006435/a60188a2exv99w8xby.htm](https://www.sec.gov/Archives/edgar/data/935823/000095012312006435/a60188a2exv99w8xby.htm)

(a) First
Amendment to Fund Participation Agreement; included in Registration Statement on Form N-4, File No. 333-178739,
Accession No. 0001193125-14-147278, filed on April 17, 2014, and incorporated by reference herein. This
exhibit can be found at [http://www.sec.gov/Archives/edgar/data/935823/000119312514147278/d655353dex998b1.htm](https://www.sec.gov/Archives/edgar/data/935823/000119312514147278/d655353dex998b1.htm)

------

---

| | | | |
|:---|:---|:---|:---|
|  |  | (b) | Second Amendment to Fund Participation Agreement; Included in the Registrant's Form N-4; File No. 333-240070 Accession No. 0001104659-20-112014 filed on October 5, 2020, and incorporated by reference herein. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/935823/000110465920112014/a20-32161_1ex99d8jj2.htm](https://www.sec.gov/Archives/edgar/data/935823/000110465920112014/a20-32161_1ex99d8jj2.htm) |
|  | (xxii) | Participation Agreement with Blackrock Variable Series Fund, Inc. (formerly called Merrill Lynch Variable Series Fund, Inc.); Filed as part of the Registration Statement on Form N-6 on April 19, 2005, File No. 033-21754, Accession Number 0000892569-05-000254. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/832908/000089256905000054/a05030exv99wx8yxdy.htm](https://www.sec.gov/Archives/edgar/data/832908/000089256905000054/a05030exv99wx8yxdy.htm) | Participation Agreement with Blackrock Variable Series Fund, Inc. (formerly called Merrill Lynch Variable Series Fund, Inc.); Filed as part of the Registration Statement on Form N-6 on April 19, 2005, File No. 033-21754, Accession Number 0000892569-05-000254. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/832908/000089256905000054/a05030exv99wx8yxdy.htm](https://www.sec.gov/Archives/edgar/data/832908/000089256905000054/a05030exv99wx8yxdy.htm) |
|  |  | (a) | First Amendment to Participation Agreement; Filed as part of Registration Statement on Form N-4 via EDGAR on October 15, 2013, File No. 333-60833, Accession Number 0001193125-13-399328. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/935823/000119312513399328/d608974dex998f1.htm](https://www.sec.gov/Archives/edgar/data/935823/000119312513399328/d608974dex998f1.htm) |
|  |  | (b) | Second Amendment to Participation Agreement; Filed as part of Registration Statement on Form N-4 via EDGAR on October 15, 2013, File No. 333-60833, Accession Number 0001193125-13-399328. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/935823/000119312513399328/d608974dex998f2.htm](https://www.sec.gov/Archives/edgar/data/935823/000119312513399328/d608974dex998f2.htm) |
|  |  | (c) | Third Amendment to Participation Agreement; Included in Registrant's Form N-4, File No. 333-60833, Accession No. 0000950123-10-035855, filed on April 19, 2010, and incorporated by reference herein. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/935823/000095012310035855/a52634exv99w8xiyx1y.htm](https://www.sec.gov/Archives/edgar/data/935823/000095012310035855/a52634exv99w8xiyx1y.htm) |
|  |  | (d) | Fourth Amendment to Participation Agreement; Filed as part of Registration Statement on Form N-4 via EDGAR on October 15, 2013, File No. 333-60833, Accession Number 0001193125-13-399328. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/935823/000119312513399328/d608974dex998f4.htm](https://www.sec.gov/Archives/edgar/data/935823/000119312513399328/d608974dex998f4.htm) |
|  |  | (e) | Fifth Amendment to Participation Agreement; Included in Registrant's Form N-4, File No. 333-160772, Accession No. 0001193125-14-310473 filed August 15, 2014, and incorporated by reference herein. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/935823/000119312514310473/d767546dex998e5.htm](https://www.sec.gov/Archives/edgar/data/935823/000119312514310473/d767546dex998e5.htm) |
|  |  | (f) | Sixth Amendment to Participation Agreement; Filed as part of Registration Statement on Form N-6 on April 18, 2019, File No. 333-61135, Accession No. 0001104659-19-022304, and incorporated by reference herein. This exhibit can be found at [http://www.sec.gov/Archives/edgar/data/832908/000110465919022304/a19-6073_1ex99d8m6.htm](https://www.sec.gov/Archives/edgar/data/832908/000110465919022304/a19-6073_1ex99d8m6.htm) |
| (i) | **Administrative Contracts** | **Administrative Contracts** | **Administrative Contracts** |
|  | Inapplicable |  |  |
| (j) | **Other Material Contracts** | **Other Material Contracts** | **Other Material Contracts** |
|  | Inapplicable |  |  |
| (k) | **Legal Opinion** | **Legal Opinion** | **Legal Opinion** |

---

------

---

| | |
|:---|:---|
|  | Opinion and consent of legal officer of Pacific Life as to legality of policies being registered; To be filed by amendment.  |
| (l) | **Actuarial Opinion** |
|  | Inapplicable |
| (m) | **Calculation** |
|  | Inapplicable |
| (n) | **Other Opinions** |
|  | Consent of Independent Registered Public Accounting Firm and Consent of Independent Auditors; To be filed by amendment. |
| (o) | **Omitted Financial Statements** |
|  | Inapplicable |
| (p) | **Initial Capital Agreements** |
|  | Inapplicable |
| (q) | **Redeemability Exemption** |
|  | [Memorandum describing Pacific Life Insurance Company's issuance, transfer and redemption procedures for the Policies pursuant to Rule 6e-3(T)(b)(12)(iii); Filed herewith.](tm2514633d2_ex99-xq.htm) |
| (r) | **Form of Initial Summary Prospectuses** |
|  | Inapplicable |
| (s) | **Powers of Attorney**; |
|  | [Powers of Attorney; Filed herewith.](tm2514633d2_ex99-xs.htm) |

---

#### Item 31. Directors and Officers of Pacific Life

---

| | |
|:---|:---|
| **Name and Address** | &nbsp;&nbsp;&nbsp;**Positions and Offices with Pacific Life** |
| Darryl D. Button | Director, Chairman, President, and Chief Executive Officer |
| Vibhu R. Sharma | Director, Executive Vice President and Chief Financial Officer |
| Michael F. Anderson | Director, Senior Vice President, Acting General Counsel, and Assistant Secretary |
| Dawn M. Behnke | Director and Executive Vice President |
| Starla C. Yamauchi | Vice President and Secretary |
| Carol J. Krosky | Senior Vice President and Chief Accounting Officer |
| Craig W. Leslie | Senior Vice President and Treasurer |

---

The address for each of the persons listed above is as follows:

------

700 Newport Center Drive

Newport Beach, California 92660

#### Item 32. Persons Controlled by or Under Common Control with Pacific Life or Pacific Select Exec Separate Account
The following is an explanation of the organization chart of Pacific Life's subsidiaries:

Pacific Life is a Nebraska Stock Life Insurance Company wholly-owned by Pacific LifeCorp (a Delaware Stock Holding Company), which is, in turn, 100% owned by Pacific Mutual Holding Company (a Nebraska Mutual Insurance Holding Company).

#### PACIFIC LIFE, SUBSIDIARIES & AFFILIATED ENTERPRISES LEGAL STRUCTURE

---

| | | |
|:---|:---|:---|
| | **Jurisdiction of Incorporation or Organization** | **Percentage of** <br>**Ownership by**<br>**its Immediate** <br>**Parent** |
| **Pacific Mutual Holding Company** | Nebraska |  |
| **Pacific LifeCorp** | Delaware | 100 |
| **Pacific Life Insurance Company**  | Nebraska | 100 |
| APC Asset Development I LP | Delaware | 99.92 |
| APC Asset Development II LP | Delaware | 99.94 |
| Pacific Life & Annuity Company | Arizona | 100 |
| Pacific Life Purchasing LLC | Delaware  | 100 |
| Pacific Select Distributors, LLC | Delaware  | 100 |
| Pacific Asset Holding LLC  | Delaware | 100 |
| Pacific TriGuard Partners LLC | Delaware | 100 |
| Gallery Limited Member, LLC | Delaware | 100 |
| Gallery Place MRP-GFI Venture, LLC | Delaware | 10 |
| Grayhawk Golf Holdings, LLC | Delaware | 95 |
| Grayhawk Golf L.L.C. | Arizona | 100 |
| Las Vegas Golf I, LLC | Delaware | 100 |
| Angel Park Golf, LLC | Nevada | 100 |
| Wildflower Member, LLC | Delaware | 100 |
| Epoch-Wildflower, LLC | Florida | 100 |
| PL TOR Member LLC  | Delaware | 100 |
| 2803 Riverside Apartment Investors, LLC  | Delaware | 90 |
| PL Denver Member, LLC  | Delaware | 100 |
| 1776 Curtis, LLC | Delaware | 70 |
| PL Timberlake Member, LLC  | Delaware | 100 |
| 80 South Gibson Road Apartment Investors, LLC | Delaware | 90 |
| PL Van Buren Member, LLC  | Delaware | 100 |
| 1035 Van Buren Holdings, L.L.C. | Delaware | 43 |
| PL Lakemont Member, LLC  | Delaware | 100 |
| Overlook at Lakemont Venture LLC | Delaware | 88 |
| 700 Main Street LLC  | Delaware | 100 |
| PL One Jefferson Member, LLC | Delaware | 100 |
| One Jefferson Venture LLC | Delaware | 90 |
| PL Mortgage Fund, LLC | Delaware | 100 |
| PL Andate Member, LLC | Delaware | 100 |
| Andante Venture LLC | Delaware | 90 |
| PL Beardslee Member, LLC | Delaware | 100 |
| Village at Beardslee Investor, LLC | Delaware | 90 |
| PL Monterone Member, LLC | Delaware | 100 |
| Monterone Apartment Investor, LLC | Delaware | 90 |
| PL Reno Member, LLC | Delaware | 100 |
| NPLC BV Manager LLC | Delaware | 82.353 |
| PL Wabash Member, LLC | Delaware | 100 |
| THC 1333 S. Wabash LLC | Delaware | 90 |
| PL Peoria Member, LLC | Delaware | 100 |
| 205 Peoria Street Owner, LLC | Delaware | 100 |
| PL Stonebriar Member, LLC  | Delaware | 100 |
| Stonebriar Apartment Investor, LLC  | Delaware | 90 |
| PL Deer Run Member, LLC  | Delaware | 100 |

---

------

---

| | | |
|:---|:---|:---|
| Deer Run JV LLC | Delaware | 60 |
| Deer Run Spokane LLC | Washington | 99.99 |
| PL Tessera Member, LLC | Delaware | 100 |
| Tessera Venture LLC | Delaware | 90 |
| Tessera Owner LLC | Delaware | 100 |
| PL Vantage Member, LLC  | Delaware | 100 |
| Vantage Post Oak Apartments, LLC | Delaware | 90 |
| PL Fairfax Gateway Member, LLC  | Delaware | 100 |
| Fairfield Fairfax Gateway LLC | Delaware | 90 |
| PL Four Westlake Owner, LLC | Delaware | 100 |
| PL 922 Washington Owner, LLC  | Delaware | 100 |
| PL Hana Place Member, LLC | Delaware | 100 |
| Hana Place JV LLC | Delaware | 60 |
| PL LasCo Owner, LLC | Delaware | 100 |
| PL Wilshire Member, LLC | Delaware | 100 |
| Wilshire Apartment Investors, LLC  | Delaware | 90 |
| 1111 Wilshire Apartment Investors, LLC | Delaware | 100 |
| PL Cedarwest Member, LLC | Delaware | 100 |
| Cedarwest JV LLC  | Delaware | 60 |
| PL Tupelo Member, LLC | Delaware | 100 |
| Tupelo Alley Apartment Investors, LLC  | Delaware | 90 |
| Tupelo Alley Owner, LLC | Delaware | 100 |
| PL Aster Member, LLC | Delaware | 100 |
| Alston Manor Investors JV LLC  | Delaware | 90 |
| PL Anthology Member, LLC  | Delaware | 100 |
| Anthology Venture LLC | Delaware | 100 |
| Anthology Owner LLC | Delaware | 100 |
| Anthology CEA Owner LLC | Delaware | 100 |
| PL Trelago Member, LLC  | Delaware | 100 |
| Trelago Way Investors JV LLC | Delaware | 100 |
| PL 803 Division Street Member, LLC  | Delaware | 100 |
| Nashville Gulch Venture LLC | Delaware | 100 |
| Nashville Gulch Owner LLC | Delaware | 100 |
| PL Little Italy Member, LLC  | Delaware | 100 |
| Little Italy Apartments LLC | Delaware | 69.1848 |
| PL Gramax Member, LLC  | Delaware | 100 |
| ASI Gramax LLC | Delaware | 90 |
| PL Walnut Creek Member, LLC  | Delaware | 100 |
| Del Hombre Walnut Creek Holdings LLC | Delaware | 75 |
| PL Dairies Owner, LLC | Delaware | 100 |
| PL SFR HD Member, LLC | Delaware | 100 |
| SFR JV-HD LP | Delaware | 33.333 |
| SFR JV-HD TL Equity A LLC | Delaware | 100 |
| SFR JV-HD TL Borrower A LLC | Delaware | 100 |
| SFR JV-HD TL Equity B LLC | Delaware | 100 |
| SFR JV-HD TL Borrower B LLC | Delaware | 100 |
| SFR JV-HD Equity LCC | Delaware | 100 |
| SFR JV-HD Property LLC | Delaware | 100 |
| PL Adley Member, LLC | Delaware | 100 |
| Redwood PL Adley LLC | Delaware | 90 |
| DD 6075 Roswell LLC | Georgia | 100 |
| PL GAAV Member, LLC | Delaware | 100 |
| Greystar Active Adult Venture I, LP | Delaware | 45 |
| GS AA Draper HoldCo, LLC | Delaware | 100 |
| GS AA Draper Owner, LLC | Delaware | 100 |
| GS AA Village5 HoldCo, LLC | Delaware | 100 |
| GS AA Village5 Owner, LLC | Delaware | 100 |
| GS AA Avenu Natick HoldCo, LLC | Delaware | 100 |
| GS AA Avenu Natick Owner, LLC | Delaware | 100 |
| GS AA Riverwalk HoldCo, LLC | Delaware | 100 |
| GS AA Riverwalk Owner, LLC | Delaware | 100 |
| GS AA Stapleton HoldCo, LLC | Delaware | 100 |

---

------

---

| | | |
|:---|:---|:---|
| GS AA Stapleton Owner, LLC | Delaware | 100 |
| GS AA San Marcos HoldCo, LLC | Delaware | 100 |
| GS AA San Marcos Owner, LLC | Delaware | 100 |
| GS AA Vistas HoldCo LLC | Delaware | 100 |
| GS AA Vistas Owner LLC | Delaware | 100 |
| GS AA Kierland HoldCo LLC | Delaware | 100 |
| GS AA Kierland Owner LLC | Delaware | 100 |
| GS AA Naperville HoldCo, LLC | Delaware | 100 |
| GS AA Naperville Owner, LLC | Delaware | 100 |
| PL Fountain Springs Member, LLC | Delaware | 100 |
| Fountain Springs JV LLC | Delaware | 80 |
| Fountain Springs LLC | Colorado | 100 |
| PL SFR MLS Member, LLC | Delaware | 100 |
| SFR JV-2 LP | Delaware | 16.129 |
| SFR JV-2 2022-1 Equity Owner LLC | Delaware | 100 |
| SFR JV-2 2022-1 Borrower LLC | Delaware | 100 |
| SFR JV-2 2022-1 Depositor LLC | Delaware | 100 |
| SFR JV-2 2022-2 Equity Owner LLC | Delaware | 100 |
| SFR JV-2 2022-2 Borrower LLC | Delaware | 100 |
| SFR JV-2 2022-2 Depositor LLC | Delaware | 100 |
| SFR JV-2 DDTL Equity LLC | Delaware | 100 |
| SFR JV-2 DDTL Borrower LLC | Delaware | 100 |
| SFR JV-2 NTL Equity LLC | Delaware | 100 |
| SFR JV-2 NTL Borrower LLC | Delaware | 100 |
| SFR JV-2 2023-1 Equity Owner LLC | Delaware | 100 |
| SFR JV-2 2023-1 Borrower LLC | Delaware | 100 |
| SFR JV-2 2023-1 Depositor LLC | Delaware | 100 |
| SFR JV-2 Equity LLC | Delaware | 100 |
| SFR JV-2 Property LLC | Delaware | 100 |
| PL Hawkins Press Member, LLC | Delaware | 100 |
| Hawkins Press Investors JV, LLC | Delaware | 85 |
| PL Wilder Member, LLC | Delaware | 100 |
| Redwood PL Wilder, LLC | Delaware | 90 |
| RPL Wilder, LLC | Delaware | 100 |
| PL Allston Yard Member, LLC | Delaware | 100 |
| Allston Yards Apartments, LLC | Delaware | 80 |
| PL Arkins Member, LLC | Delaware | 100 |
| 2950 Arkins Owner, LLC | Delaware | 90 |
| 2950 Arkins Commercial, LLC | Delaware | 100 |
| 2950 Arkins Residential, LLC | Delaware | 100 |
| PL Bromwell Member, LLC | Delaware | 100 |
| Bromwell Investors LLC | Delaware | 90 |
| Bromwell Owner LLC | Delaware | 100 |
| PL Loso Member, LLC | Delaware | 100 |
| South & Hollis Investors JV LLC | Delaware | 85 |
| KA Loso Investors LLC | Delaware | 73.743 |
| KA LOSO Holdings LLC | Delaware | 100 |
| PL Tranquility Lake Member, LLC | Delaware | 100 |
| Tranquility Lake Apartment Partners, LLC | Delaware | 90 |
| Tranquility Lake Apartments, LLC | Delaware | 100 |
| PL Milieu Guarantor, LLC | Delaware | 100 |
| PL Park Row Member, LLC | Delaware | 100 |
| Park Row Apartment Partners, LLC | Delaware | 90 |
| Park Row Apartments, LLC | Delaware | 100 |
| PL Towerview Member, LLC | Delaware | 100 |
| Preston Ridge Holdings JV LLC | Delaware | 85 |
| PL DTC Member, LLC | Delaware | 100 |
| Legacy/PL DTC JV LLC | Delaware | 90 |
| Legacy DTC Owner LLC | Delaware | 100 |
| PL Monte Vista Member, LLC | Delaware | 100 |
| Monte Vista JV LLC | Delaware | 79.984 |
| Monte Vista Preservation LP | California | 99.98 |

---

------

---

| | | |
|:---|:---|:---|
| PL 315 Elden Member, LLC | Delaware | 100 |
| 315 Elden Multifamily JV Investors LLC | Delaware | 90 |
| 315 Elden Street Multifamily Partners LLC | Delaware | 80 |
| 315 Elden Street Owner LLC | Delaware  | 100 |
| PL 400k Member, LLC | Delaware | 100 |
| 400 K Street, LLC | Delaware | 49.9 |
| PL 440k Member, LLC | Delaware | 100 |
| 440 K Street, LLC | Delaware | 49.9 |
| PL Fusion Member, LLC | Delaware | 100 |
| Fusion MF Venture LLC | Delaware | 90 |
| PL Heather Estates Member, LLC | Delaware | 100 |
| Heather Estates JV LLC | Delaware | 80 |
| PL Canyon Park Member, LLC | Delaware | 100 |
| Canyon Park JV LLC | Delaware | 80 |
| PL Alta Vista Newcastle MF Member, LLC | Delaware | 100 |
| Alta Vista Newcastle Multifamily JV Investor LLC | Delaware | 90 |
| Alta Vista Newcastle Multifamily Partners LLC | Delaware | 90 |
| Lost Spurs Owner LLC | Delaware | 100 |
| Village at Bellaire Owner LLC | Delaware | 100 |
| PL Del Sol Member, LLC | Delaware | 100 |
| Bradbury/Felix Investors, LLC | Delaware | 95 |
| PL Evo Union Member, LLC | Delaware | 100 |
| Evo Union Park Venture, LLC | Delaware | 87.5 |
| Evo Union Park Property Owner, LLC | Delaware | 100 |
| PL Radian Member, LLC | Delaware | 100 |
| Radian Partners Group LLC | Delaware | 66.5 |
| Radian Partners Property Owner LLC | Delaware | 100 |
| PL Reed Row Member, LLC | Delaware | 100 |
| KJ Florida Avenue JV LLC | Delaware | 85 |
| KJ Florida Avenue Property LLC | Delaware | 100 |
| PL Brightleaf Member, LLC | Delaware | 100 |
| Brightleaf Venture LLC | Delaware | 90 |
| Brightleaf Owner LLC | Delaware | 100 |
| PL Highgate Member, LLC | Delaware | 100 |
| Amherst Investors JV LLC | Delaware | 95 |
| KPL Amherst Owner LLC | Delaware | 100 |
| PL Town Center Member, LLC | Delaware | 100 |
| Town Center MF Venture LLC | Delaware | 90 |
| WW 1300 Keller Parkway LLC | Delaware | 100 |
| PL Pretium Trust Owner, LLC | Delaware | 100 |
| PL 283 Commerce Member, LLC | Delaware | 100 |
| 283 Commerce Hub Venture, LLC | Delaware | 90 |
| PL Sky Member, LLC | Delaware | 100 |
| Sky JV LLC | Delaware | 75 |
| Sky Owner LLC | Delaware | 100 |
| PL Dean Member, LLC | Delaware | 100 |
| Dean Investor, LLC | Delaware | 100 |
| PREG San Antonio Apartments, LP | California | 22.75 |
| San Antonio Apartments, LLC | California | 100 |
| PL Hadley Member, LLC | Delaware | 100 |
| Hadley Investor, LLC | Delaware | 100 |
| 525 East Evelyn, LP | California | 19 |
| Hadley Apartments, LLC | California | 100 |
| PL Metropolitan Member, LLC | Delaware | 100 |
| Metropolitan Investor, LL | Delaware | 100 |
| San Mateo West, a California Limited Partnership | California | 39 |
| PL Moreland Member, LLC | Delaware | 100 |
| Moreland Investor, LLC | Delaware | 100 |
| Fourth Avenue, LLC | California | 36 |
| SNB HoldCo, LLC | Delaware | 100 |
| SNB 116 Owner, LLC | Delaware | 100 |
| SNB 120 Owner, LLC | Delaware | 100 |

---

------

---

| | | |
|:---|:---|:---|
| SNB 124/125 Owner, LLC | Delaware | 100 |
| SNB 540 Hotel Owner, LLC | Delaware | 100 |
| PL Bala Cynwyd Member, LLC | Delaware | 100 |
| Bala Cynwyd Holdings LLC | Delaware | 90 |
| PL Trimble Member, LLC | Delaware | 100 |
| Trimble Building A Holdings LLC | Delaware | 95 |
| PL Highridge Member, LLC | Delaware | 100 |
| Peacock Ridge Apartments Partners LLC | Delaware | 90 |
| Peacock Ridge Apartments LLC | Delaware | 100 |
| PL Troy Tower Owner, LLC | Delaware | 100 |
| PL CorAm LLC | Delaware | 100 |
| PL Ascend Member, LLC | Delaware | 100 |
| PL Marina Shores Member, LLC | Delaware | 100 |
| 6700 PCH Owner, LLC | Delaware | 90 |
| PL Chapter Michigan Member, LLC | Delaware | 100 |
| Chapter at Ann Arbor JV, LLC | Delaware | 90 |
| Chapter at Ann Arbor, LLC | Delaware | 100 |
| PL Aptakisic Member, LLC | Delaware | 100 |
| Aptakisic Road Venture, LLC | Delaware | 95 |
| Confederation Life Insurance and Annuity Company | Georgia | 100 |
| Pacific Global Asset Management LLC <br>*(Formerly known as Pacific Asset Advisors LLC)*  | Delaware | 100 |
| Pacific Global Advisors LLC | Delaware | 100 |
| Pacific Private Fund Advisors LLC | Delaware | 100 |
| Pacific Co-Invest Credit I GP LLC # | Delaware | 100 |
| Pacific Co-Invest Credit II GP LLC # | Delaware | 100 |
| Pacific Co-Invest Opportunities I GP LLC # | Delaware | 100 |
| Pacific Co-Invest Opportunities II GP LLC # | Delaware | 100 |
| Pacific Private Credit II GP LLC # | Delaware | 100 |
| Pacific Private Credit III GP LLC # | Delaware | 100 |
| Pacific Private Credit IV GP LLC # | Delaware | 100 |
| Pacific Private Credit V GP LLC # | Delaware | 100 |
| *Pacific Private Credit Opportunities II GP LLC *#* | Delaware | 100 |
| Pacific Private Equity I GP LLC # | Delaware | 100 |
| Pacific Private Equity Opportunities II GP LLC # | Delaware | 100 |
| Pacific Private Equity Opportunities III GP LLC # | Delaware | 100 |
| Pacific Private Equity Opportunities V GP LLC # | Delaware | 100 |
| Pacific Private Feeder III GP, LLC # | Delaware | 100 |
| Pacific Private Feeder IV GP, LLC # | Delaware | 100 |
| Pacific Private Equity Opportunities IV GP LLC # | Delaware | 100 |
| PPFA Credit Opportunities I GP LLC #  | Delaware | 100 |
| *CAA-PPFA Equity Opportunities I GP LLC *#* | Delaware | 100 |
| CAA-PPFA Opportunities II GP LLC # | Delaware | 100 |
| Pacific Private Equity Opportunities Fund II-B, LLC # | Delaware | 0.01 |
| *Pacific Private Equity II GP LLC *#* | Delaware | 100 |
| Pacific Private Equity II-A GP LLC # | Delaware | 100 |
| Pacific Private Equity Opportunities VI GP LLC # | Delaware | 100 |
| Pacific Life Fund Advisors LLC  | Delaware | 100 |
| Pacific Life Trade Receivable GP LLC #<br>*(Formerly known as PAM Trade Receivable GP LLC)* | Delaware | 100 |
| Pacific Alliance Reinsurance Company of Vermont | Vermont | 100 |
| Pacific Baleine Reinsurance Company | Vermont | 100 |
| Pacific Private Equity Incentive Allocation LLC | Delaware | 100 |
| Pacific Life & Annuity Services, Inc. | Missouri | 100 |
| Pacific Life Re Holdings LLC  | Delaware | 100 |
| Pacific Life Re Global Limited<br>*(Formerly known as Pacific Life Reinsurance (Barbados) Ltd.)* | Bermuda | 100 |
| Pacific Life Re International Limited | Bermuda | 100 |
| Pacific Life Re (Australia) Pty Limited | Australia | 100 |
| Pacific Life Re Holdings Limited | England | 100 |
| Pacific Life Re Limited | England | 100 |
| Pacific Life Holdings Bermuda Limited | Bermuda | 100 |
| Pacific Life Re (Shanghai) Information Consulting Services  | China | 100 |

---

------

---

| | | |
|:---|:---|:---|
| Co., Ltd. | Co., Ltd. |  |
| Pacific Life Services Bermuda Limited | Pacific Life Services Bermuda Limited | 100 |
| Pacific Life Re Services Singapore Pte. Limited | Pacific Life Re Services Singapore Pte. Limited | 100 |
| Pacific Life Re Services Limited | Pacific Life Re Services Limited<br>England | 100 |
| UnderwriteMe Limited | UnderwriteMe Limited<br>England | 100 |
| UnderwriteMe Technology Solutions Limited | UnderwriteMe Technology Solutions Limited<br>England | 100 |
|  | UnderwriteMe North America Corp. | 100 |
| UnderwriteMe Australia Pty Limited | UnderwriteMe Australia Pty Limited | 100 |
| Pacific Life Services Canada Limited | Pacific Life Services Canada Limited<br> Canada | 100 |

---

__________________________________

# = Abbreviated structure

#### Item 33. Indemnification
(a) The Distribution Agreement between Pacific Life Insurance Company, Pacific Life & Annuity Company (collectively referred to as "Pacific Life") and Pacific Select Distributors, LLC (PSD) provides substantially as follows:

Pacific Life shall indemnify and hold harmless PSD and PSD's officers, directors, agents, controlling persons, employees, subsidiaries and affiliates for all attorneys' fees, litigation expenses, costs, losses, claims, judgments, settlements, fines, penalties, damages, and liabilities incurred as the direct or indirect result of: (i) negligent, dishonest, fraudulent, unlawful, or criminal acts, statements, or omissions by Pacific Life or its employees, agents, officers, or directors; (ii) Pacific Life's breach of this Agreement; (iii) Pacific Life's failure to comply with any statute, rule, or regulation; (iv) a claim or dispute between Pacific Life and a Broker/Dealer (including its Representatives) and/or a Contract owner. Pacific Life shall not be required to indemnify or hold harmless PSD for expenses, losses, claims, damages, or liabilities that result from PSD's misfeasance, bad faith, negligence, willful misconduct or wrongful act.

PSD shall indemnify and hold harmless Pacific Life and Pacific Life's officers, directors, agents, controlling persons, employees, subsidiaries and affiliates for all attorneys' fees, litigation expenses, costs, losses, claims, judgments, settlements, fines, penalties, damages and liabilities incurred as the direct or indirect result of: (i) PSD's breach of this Agreement; and/or (ii) PSD's failure to comply with any statute, rule, or regulation. PSD shall not be required to indemnify or hold harmless Pacific Life for expenses, losses, claims, damages, or liabilities that have resulted from Pacific Life's willful misfeasance, bad faith, negligence, willful misconduct or wrongful act.

(b) The Form of Selling Agreement between Pacific Life, Pacific Select Distributors, LLC (PSD) and Various Broker-Dealers provides substantially as follows:<br>

Pacific Life and PSD agree to indemnify and hold harmless Selling Broker-Dealer and General Agent, their officers, directors, agents and employees, against any and all losses, claims, damages or liabilities to which they may become subject under the 1933 Act, the 1934 Act, or other federal or state statutory law or regulation, at common law or otherwise, insofar as such losses, claims, damages or liabilities (or actions in respect thereof) arise out of or are based upon any untrue statement or alleged untrue statement of a material fact or any omission or alleged omission to state a material fact required to be stated or necessary to make the statements made not misleading in the registration statement for the Contracts or for the shares of Pacific Select Fund (the "Fund") filed pursuant to the 1933 Act, or any prospectus included as a part thereof, as from time to time amended and supplemented, or in any advertisement or sales literature approved in writing by Pacific Life and PSD pursuant to Section IV.E. of this Agreement.

Selling Broker-Dealer and General Agent agree to indemnify and hold harmless Pacific Life, the Fund and PSD, their officers, directors, agents and employees, against any and all losses, claims, damages or liabilities to which they may become subject under the 1933 Act, the 1934 Act or other federal or state statutory law or regulation, at common law or otherwise, insofar as such losses, claims, damages or liabilities (or actions in respect thereof) arise out of or are based upon: (a) any oral or written misrepresentation by Selling Broker- Dealer or General Agent or their officers, directors, employees or agents unless such misrepresentation is contained in the registration statement for the Contracts or Fund shares, any prospectus included as a part thereof, as from time to time amended and supplemented, or any advertisement or sales literature approved in writing by Pacific Life and PSD pursuant to Section IV.E. of this Agreement, (b) the failure of Selling Broker-Dealer or General Agent or their officers, directors, employees or agents to comply with any applicable provisions of this Agreement or (c) claims by Sub-agents or employees of General Agent or Selling Broker- Dealer for payments of compensation or remuneration of any type. Selling Broker-Dealer and General Agent will reimburse Pacific Life or PSD or any director, officer, agent or employee of either entity for any legal or other expenses reasonably incurred by Pacific Life, PSD, or such officer, director, agent or employee in connection with investigating or defending any such

------

loss, claims, damages, liability or action. This indemnity agreement will be in addition to any liability which Broker-Dealer may otherwise have.

(c) Insofar as indemnification for liabilities arising under the Securities Act of 1933 ("Act") may be permitted to directors, officers or persons controlling the Registrant pursuant to the foregoing provisions, the Registrant has been informed that in the opinion of the Securities and Exchange Commission such indemnification is against public policy as expressed in the Act and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the registrant of expenses incurred or paid by a director, officer or controlling person of the registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Act and will be governed by the final adjudication of such issue.

#### Item 34. Principal Underwriters
(a) PSD also acts as principal
underwriter for Pacific Life Insurance Company, on its own behalf and on behalf of its Separate Account
I, Separate Account A, Separate Account B, Pacific Select Variable Annuity Separate Account, Pacific
Corinthian Variable Separate Account, Pacific Select Exec Separate Account, Pacific COLI Separate Account,
Pacific COLI Separate Account II, Pacific COLI Separate Account III, Pacific COLI Separate Account IV,
Pacific COLI Separate Account V, Pacific COLI Separate Account VI, Pacific COLI Separate Account X, Pacific
COLI Separate Account XI, Pacific Select Separate Account, and Pacific Life & Annuity Company, on
its own behalf and on behalf of its Separate Account A, Pacific Select Exec Separate Account, and Separate
Account I.

(b) For
information regarding PSD, reference is made to Form B-D, SEC File No. 8-15264, which is herein incorporated
by reference. This exhibit can be found at http://brokercheck.finra.org/firm/summary/4452

(c) PSD
retains no compensation or net discounts or commissions from the Registrant.

#### Item 35. Location of Accounts and Records
The accounts, books and other documents required to be maintained by Registrant pursuant to Section 31(a) of the Investment Company Act of 1940 and the rules under that section will be maintained by Pacific Life at 700 Newport Center Drive, Newport Beach, California 92660.

#### Item 36. Management Services
Inapplicable

#### Item 37. Fee Representation
REPRESENTATION PURSUANT TO SECTION 26(f) OF THE INVESTMENT COMPANY ACT OF 1940: Pacific Life Insurance Company and Registrant represent that the fees and charges to be deducted under the Variable Life Insurance Policy described in the prospectus contained in this registration statement are, in the aggregate, reasonable in relation to the services rendered, the expenses expected to be incurred, and the risks assumed in connection with the Contract.

------

#### SIGNATURES
Pursuant to the requirements of the Securities Act of 1933 and the Investment Company Act of 1940, the Registrant certifies that it has that it has duly caused this Pre-Effective Amendment No. 1 to the Registration Statement on Form N-6 to be signed on its behalf by the undersigned, duly authorized, in the City of Newport Beach, and State of California on the day of March 2, 2026.

---

| | |
|:---|:---|
| PACIFIC SELECT EXEC SEPARATE ACCOUNT | PACIFIC SELECT EXEC SEPARATE ACCOUNT |
| (Registrant) | (Registrant) |
|  | PACIFIC LIFE INSURANCE COMPANY |
| By: |  |
|  | Darryl D. Button\* |
|  | Director, Chairman, President, and Chief Executive Officer |
|  | PACIFIC LIFE INSURANCE COMPANY |
|  | (Depositor) |
| By: |  |
|  | Darryl D. Button\* |
|  | Director, Chairman, President, and Chief Executive Officer |

---

Pursuant to the requirements of the Securities Act of 1933, this Pre-Effective Amendment No. 1 to the Registration Statement has been signed below by the following persons in the capacities and on the dates indicated:

---

| | | |
|:---|:---|:---|
| **Signature** | **Title** | **Date** |
| Darryl D. Button\* | Director, Chairman, President, and Chief Executive Officer | March 2, 2026 |
| Vibhu R. Sharma\* | Director, Executive Vice President, and Chief Financial Officer  | March 2, 2026 |
| Michael F. Anderson\* | Director, Senior Vice President, Acting General Counsel, and Assistant Secretary | March 2, 2026 |
| Starla C. Yamauchi\* | Vice President and Secretary | March 2, 2026 |
| Dawn M. Behnke\* | Director and Executive Vice President | March 2, 2026 |
| Carol J. Krosky\* | Senior Vice President and Chief Accounting Officer | March 2, 2026 |
| Craig W. Leslie\* | Senior Vice President and Treasurer | March 2, 2026 |
| \*By: |  |  |
| /s/ ALISON RYAN |  | March 2, 2026 |
| Alison Ryan |  |  |

---

<br> (Powers of Attorney are contained in this Registration Statement as Exhibit (s)).

------

## Ex-99.(D)(I)

**Exhibit 99.(d)(i)**

![](tm2514633d2_ex99-diimg01.jpg)

**Pacific Life Insurance Company ·** [**700 Newport Center Drive · Newport Beach, CA 92660**]

---

| | |
|:---|:---|
| [**<u>www.PacificLife.com</u>** | **(800) 347-7787**] |

---

**READ YOUR POLICY CAREFULLY.** This is a legal contract between you, the Owner, and us, Pacific Life Insurance Company, a stock life insurance company. We agree to pay the benefits of this Policy according to its provisions. The consideration for this Policy is the Application for it, a copy of which is attached, and payment of the initial and subsequent premiums.

**Variable Account values and cash values are not guaranteed and may increase or decrease depending upon Variable Account investment experience.**

**While Policy values may be affected by an external index, Indexed Accounts do not directly participate in any stock or equity investment.**

**The method for determining the Death Benefit is described in the Death Benefit section of this Policy. The amount of the Death Benefit may increase or decrease depending on the Death Benefit Option elected and the investment experience of the Investment Options. Please reference the Index located at the end of this contract to determine the page on which the Death Benefit is described.**

Premiums are flexible, subject to minimums required to keep this Policy In Force. Even if Planned Premiums are paid, it is possible that, due to changes in interest credited, the investment performance of the Investment Options and Policy Charges, this Policy may not continue In Force; that is, it may lapse before any Death Benefit is payable on the death of the Insured. The initial interest rate for the Fixed Account(s) is guaranteed for the first Policy year. Additionally, loans, withdrawals, and Death Benefit Option changes can affect the length of time this Policy stays In Force.

Signed for Pacific Life Insurance Company,

---

| | | | |
|:---|:---|:---|:---|
| ![](tm2514633d2_ex99-diimg02.jpg)  | ![](tm2514633d2_ex99-diimg03.jpg) | ![](tm2514633d2_ex99-diimg04.jpg) | ![](tm2514633d2_ex99-diimg05.jpg)  |
| ![](tm2514633d2_ex99-diimg02.jpg)  | President & Chief Executive Officer | Secretary | ![](tm2514633d2_ex99-diimg05.jpg)  |

---

FLEXIBLE PREMIUM VARIABLE UNIVERSAL LIFE INSURANCE WITH INDEXED ACCOUNT(S)

&nbsp;&nbsp;&nbsp;&nbsp;· **Death Benefit payable on the death of the Insured** 

&nbsp;&nbsp;&nbsp;&nbsp;· **Net Cash Surrender Value payable upon Surrender** 

&nbsp;&nbsp;&nbsp;&nbsp;· **Benefits may vary based on investment experience** 

&nbsp;&nbsp;&nbsp;&nbsp;· **Adjustable Face Amount** 

&nbsp;&nbsp;&nbsp;&nbsp;· **Non-Participating** 

---

| | |
|:---|:---|
| Insured: | [JOHN DOE] |
| Owner: | [JOHN DOE] |
| Policy Number: | [VP99999990] |
| Policy Date: | [September 1, 2025] |
| Total Face Amount: | $[125,000] |

---

**Free Look Right – You may cancel this Policy within [10] days after you receive it. To do so, deliver it or mail it to us or to the registered representative who delivered it to you. This Policy will then be deemed void from the beginning, and we will refund any Premium Load deducted from the premiums, plus any Net Premiums allocated to the Fixed Account(s), plus the Accumulated Value allocated to the Variable Account(s) and the Indexed Account(s), plus any monthly charges and fees deducted from the Policy's Accumulated Value in the Variable Account(s).**

ICC25 P25VIUL [Admiral VUL 2]

(This Page Intentionally Left Blank)

ICC25 P25VIUL Page [2]

**DEFINITIONS**

In this section, certain terms used throughout this Policy are defined. Other terms may be defined in other parts of this Policy. Defined terms and certain Policy provisions are usually capitalized to provide emphasis.

**Accounts –** Consist of the Fixed Account(s), the Variable Account(s), the Indexed Account(s), and the Loan Account, each of which may be referred to as an Account.

**Account Additions –** Will increase the Fixed Account Value, the Variable Account Value and the Indexed Account Value under the Policy, as described in Account Addition Method. An Account Addition is any of the Account Addition Factors shown in the Policy Specifications.

**Account Deductions –** Will reduce the Fixed Account Value, the Variable Account Value and the Indexed Account Value under the Policy, as described in Account Deduction Method. An Account Deduction is any of the Account Deduction Factors shown in the Policy Specifications.

**Accumulated Value –** Is calculated on each Valuation Day as described in the Accumulated Value section.

**Address on Record –** Your last known address and/or the last known address of an assignee of record. An Address on Record includes a valid mailing address and may include e- mail addresses. It is your responsibility to inform us In Writing of any change to the Address on Record. You may not receive important communications including but not limited to a notification of pending termination for non-payment, if a valid mailing address is not provided to us.

**Administrative Office –** The office that administers this Policy. The mailing address of the Administrative Office at the time this Policy was applied for is shown in the heading of the Application. If the address changes, written notice will be sent to the Address on Record.

**Age –** The Insured's Age as of their birthday nearest to the Policy Date, increased by the number of complete Policy years elapsed.

**Application –** Consists of the Application for this Policy, including any Certificate of Health, Statement of Good Health and Insurability, amendments and endorsements, supplements, approved policy change requests and any application for reinstatement or increase in benefits.

**Basic Face Amount –** The sum of the Face Amounts of all Basic Life Coverage Layers on the Insured. The Face Amount of each initial Basic Life Coverage is shown in the Policy Specifications.

**Basic Life Coverage –** Insurance coverage on the Insured provided by this Policy as shown in the Policy Specifications and any related Supplemental Schedule of Coverage. Certain riders may provide life insurance coverage, but such amounts are not included in the Basic Life Coverage.

**Basic Life Coverage Layer –** A layer of insurance coverage on the Insured under this policy. There may be one or more Basic Life Coverage Layers created at issue. Additionally, each increase in Basic Face Amount will comprise a new Basic Life Coverage Layer. Each Basic Life Coverage Layer has its own Face Amount, Risk Class, Coverage Layer Date, and set of charges. The Face Amount, Risk Class, Coverage Layer Date and set of charges for each initial Basic Life Coverage Layer are shown in the Policy Specifications. The Face Amount, Risk Class, Coverage Layer Date and set of charges for any Basic Life Coverage Layer added later will be shown in a Supplemental Schedule of Coverage sent to the Address on Record at that time. The Face Amount of a Basic Life Coverage Layer that is added after issue may be decreased to zero, but it cannot be terminated.

**Business Day –** Any day that we are open for business.

**Cash Value Accumulation Test –** One of two Death Benefit Qualification Tests that this Policy must satisfy at all relevant times for it to qualify as a life insurance contract under the Code. Cash Value Accumulation Test is as defined in Section 7702(b) of the Code.

ICC25 P25VIUL <br> Page [1]

**Class –** (i) Is considered in determining Policy Charges, interest credited, features of the Indexed Account(s), and certain limitations on Policy features and benefits; and (ii) Depends on a number of factors, including (but not limited to) the Death Benefit, Basic and Total Face Amount, Coverage Layer, Policy Date, Policy duration, premiums paid, source of premium, Policy ownership structure, underwriting type, reinsurance, the Insured's Age and Risk Class, requested or scheduled increases in, or additions of, Coverage Layers, and the presence and attributes of Policy features and benefits and optional riders.

**Closing Value –** The Closing Value of the Index, is the value of the Index as of the close of the New York Stock Exchange, which is usually 4:00 p.m. Eastern time. If an Index is traded on an exchange other than the New York Stock Exchange, that exchange's Closing Value will be used. If no Closing Value is published for a given day, the Closing Value for the next day for which the Closing Value is published will be used. In calculating the change in value of the Index, we use the Closing Value of the Index.

**Code –** The U.S. Internal Revenue Code of 1986, as amended.

**Coverage Layer –** A Basic Life Coverage Layer or a layer of insurance coverage on the Insured under an optional rider.

**Coverage Layer Date –** The date that a particular Coverage Layer is effective. Coverage Layer months, years and anniversaries are measured from this date**.** The Coverage Layer Date for each initial Coverage Layer is the Policy Date as shown in the Policy Specifications.

**Designated Fixed Account –** The Designated Fixed Account is the Fixed Account shown in the Policy Specifications.

**Evidence of Insurability –** Information, including medical information satisfactory to us, that is used to determine insurability and the Insured's Risk Class, subject to our approval and issue limits.

**Face Amount –** The amount used in determining the Death Benefit for each Coverage Layer as shown in the Policy Specifications and any related Supplemental Schedule of Coverage. The Face Amount is subject to increase or decrease as provided elsewhere in this Policy.

**Fixed Account –** An account that is part of our General Account. We credit interest on the Fixed Account Value at a fixed rate of interest declared by us. Fixed Accounts may also be referred to Fixed Options. See **Investment Options** for additional information.

**Free Look Period –** The number of days during which this Policy may be returned as specified in the Free Look Right on the cover of this Policy.

**Free Look Transfer Date –** The day that Accumulated Value is transferred from a money market variable account that we designate to the Account(s) you choose. The Free Look Transfer Date is shown in the Policy Specifications.

**General Account –** Consists of all our assets other than those allocated to the Separate Accounts or to any of our other segregated asset accounts.

**Guideline Premium Test –** One of two Death Benefit Qualification Tests that this Policy must satisfy at all relevant times for it to qualify as a life insurance contract under the Code. Guideline Premium Test is as defined in Section 7702(c) of the Code.

**Indexed Account –** An account that is part of our General Account. We credit interest on the Indexed Account Value, in part, based on any positive change in an Index. Indexed Accounts may also be referred to as Indexed Fixed Options. See **Investment Options** for additional information.

**In Force –** When this Policy is In Force, the Policy is in effect and provides a Death Benefit upon the death of the Insured. See **When this Policy is In Force** for additional information.

**Insured –** The person insured under this Policy, as shown in the Policy Specifications.

ICC25 P25VIUL <br> Page [2]

**Investment Options –** Consist of the Variable Account(s), the Fixed Account(s), and the Indexed Account(s), and any additional investment options that we may add. See the Investment Options section of this Policy for additional information.

**Monthly Deduction End Date –** Shown in the Monthly Deduction Factors section of the Policy Specifications and, unless otherwise specified, is the date when Monthly Deductions will cease to modify the Accumulated Value. In certain circumstances a charge may specifically state that it will continue beyond the Monthly Deduction End Date.

**Monthly Payment Date –** The same day each month as the Policy Date and is the date on which certain Policy Charges are deducted from, and Policy credits are added to, the Accumulated Value. The first Monthly Payment Date is the Policy Date.

**Net Amount at Risk –** The Death Benefit divided by the Net Amount at Risk Factor shown in the Policy Specifications, then less the Accumulated Value.

**Net Premium –** The premium received reduced by any applicable Premium Load. See the **Premiums** section of this Policy for additional information.

**Owner, you, or your –** Refers to the Owner(s) of this Policy as shown in the Policy Information section of the Policy Specifications at the time of issue. If ownership is changed after Policy issue, it is shown in a confirmation of change.

**Policy –** Refers to this contract, the associated Policy Specifications and any riders, endorsements, supplements, amendments and benefits attached to it. We agree to pay the benefits of this Policy according to its provisions.

**Policy Date –** Shown in the Policy Specifications. Policy and rider months, quarters, years and anniversaries are measured from this date.

**Policy Debt –** The amount necessary to repay the Policy loan in full and is equal to the Loan Account plus any accrued Loan Interest Charge. The Policy Debt reduces any amount otherwise payable under the Policy.

**Policy Specifications –** A section of the Policy that shows information specific to this Policy.

**Proper Form –** Your signed request in writing that may require, among other things, a notarized signature or some other proof of authenticity that is required for us to act on a Written Request. We do not generally require such proof, but proof may be requested:

&nbsp;&nbsp;&nbsp;&nbsp;· If it appears that your signature has changed;

&nbsp;&nbsp;&nbsp;&nbsp;· If the signature does not appear to be yours;

&nbsp;&nbsp;&nbsp;&nbsp;· If we have not received a properly completed Application or confirmation of an Application; or

&nbsp;&nbsp;&nbsp;&nbsp;· For any other reason to protect you and/or us.

**Risk Class –** Used in determining Policy Charges and is established by us during the underwriting process for each Coverage Layer. Risk Class depends on the Insured's sex, health, tobacco use, and other factors. The sex of the Insured on this Policy will be either male, female or unisex and is shown in the Policy Specifications. The Risk Class of the Insured for each initial Coverage Layer is shown in the Policy Specifications. The Risk Class of the Insured for any additional Coverage Layer will be shown in a Supplemental Schedule of Coverage sent to the Address on Record at that time. Risk Class may also be referred to as Risk Classification.

**Separate Account –** Consists of subaccounts, also called Variable Accounts. Each Variable Account may invest its assets in a separate class of shares of a designated investment company or companies. Our Separate Account is shown in the Policy Specifications.

**Supplemental Schedule of Coverage –** The written notice that will be sent to the Address on Record, or by other means where permitted, reflecting certain changes made to the Policy after the Policy Date. A Supplemental Schedule of Coverage is an endorsement to this Policy and becomes part of the contract as described in the Entire Contract provision.

ICC25 P25VIUL <br> Page [3]

**Total Face Amount –** The sum of the Basic Face Amount and the Face Amounts of any riders providing life insurance coverage on the Insured, unless specifically excluded. The Total Face Amount is used in determining the Death Benefit under this Policy. The initial Total Face Amount is shown on the cover of this Policy. If the Total Face Amount changes, the new amount will be shown in the Supplemental Schedule of Coverage.

**Valuation Day –** Each day required by applicable law and currently includes each day the New York Stock Exchange is open for trading and our Administrative Office is open.

**Valuation Period –** The period of time between successive Valuation Days.

**Variable Account –** A Separate Account or a subaccount of a Separate Account in which assets are segregated from assets in the General Account and other Separate Accounts. Variable Accounts are also referred to as Variable Options or Variable Investment Options. See **Investment Options** for additional information.

**We, our, ours,** and **us –** Refers to Pacific Life Insurance Company (PLIC).

**Written Request or In Writing –** Your signed request, which is received by us at our Administrative Office in Proper Form, containing information we need to act on the request. We may have forms available for you to make a request In Writing. Prior to any Written Request, you may contact us to obtain information regarding the Proper Form required for a request. Written Request includes an electronic request provided in a format acceptable to us.

**DEATH BENEFIT**

**When this Policy is In Force –** This Policy is In Force as of the latest of the following:

· The Policy Date;

· Your written acceptance of the delivered Policy; and

· Your payment of the initial premium.

The Policy remains In Force until the earliest of any of the following:

&nbsp;&nbsp;&nbsp;&nbsp;· Surrender, as described in the Surrender and Withdrawal of Values section;

&nbsp;&nbsp;&nbsp;&nbsp;· Lapse, as described in the Policy Lapse and Reinstatement section; or

&nbsp;&nbsp;&nbsp;&nbsp;· The death of the Insured.

Coverage under this Policy is subject to any changes that have been made to the Policy at your request and may include increases or decreases in Total Face Amount, as described in later sections of this Policy.

**Death Benefit –** This Policy provides a Death Benefit upon the death of the Insured while this Policy is In Force. This section describes how the Death Benefit is calculated. The Death Benefit is the greater of either:

&nbsp;&nbsp;&nbsp;&nbsp;· The Death Benefit calculated under the Death Benefit Option in Effect; or

&nbsp;&nbsp;&nbsp;&nbsp;· The Minimum Death Benefit specified below, according to the Death Benefit Qualification Test that applies
to this Policy, as shown in the Policy Specifications.

The Death Benefit under this Policy is subject to any increase or decrease required to qualify the Policy as life insurance (see Tax Qualification as Life Insurance), or to prevent this Policy from being classified as a MEC (see Modified Endowment Contract Tax Status).

**Minimum Death Benefit –** The Minimum Death Benefit will be determined based on the Death Benefit Qualification Test for the Policy and at any time will be no less than the minimum amount we determine to be required for this Policy to qualify as a life insurance contract under the Code and applicable law. The Minimum Death Benefit is equal to the Minimum Death Benefit Percentage multiplied by the cash surrender value (which may differ from the Policy's Cash Surrender Value) as determined under applicable tax law. The Minimum Death Benefit Percentages as of the Policy Date are shown in the Policy Specifications. Changes to the Policy may affect these percentages if the Death Benefit Qualification Test is the Cash Value Accumulation Test.

ICC25 P25VIUL <br> Page [4]

**Death Benefit Options –** You elected the initial Death Benefit Option in the Application. Descriptions of all the Available Death Benefit Options on this Policy and the initial Death Benefit Option in Effect are shown in the Policy Specifications. Certain changes in Death Benefit Option are allowed as described in Change of Death Benefit Option.

**Death Benefit Qualification Test –** This Policy must at all relevant times satisfy one of two Death Benefit Qualification Tests for it to qualify as a life insurance contract under the Code. The Policy provides a Minimum Death Benefit amount, as needed, for the Policy to qualify under either of the Tests. The Death Benefit Qualification Test that this Policy is designed to satisfy appears in the Policy Specifications. You may not change this Policy's specified Death Benefit Qualification Test without our written consent.

**Change of Death Benefit Option –** The Death Benefit Option may be changed upon Written Request, as shown in the Policy Specifications, no more than once per Policy year. The Total Face Amount will be adjusted, if necessary, so that the Death Benefit immediately after the change of Death Benefit Option will be equal to the Death Benefit immediately before the change. The change will be effective on the Monthly Payment Date on or next following the day Written Request is received at our Administrative Office. Any such Death Benefit Option change will be shown in a Supplemental Schedule of Coverage that will be sent to the Address on Record at the time of the change.

Unless specified otherwise In Writing, any request for a Death Benefit Option change will not take effect if the requested change would cause this Policy to be classified as a Modified Endowment Contract under the Code.

If the Guideline Premium Test is the Death Benefit Qualification Test this Policy is designed to satisfy, then Change of Death Benefit Option requests will be subject to the Guideline Premium Limit as defined in the Code. This may result in one or more refunds of premiums or required distributions of Accumulated Value to maintain compliance with such limit in accordance with the Tax Qualification as Life Insurance section of this Policy. Such request will not be allowed to the extent we determine that any resulting Guideline Premium limit would cause an amount in excess of the Net Cash Surrender Value to be distributed from the Policy.

**Death Benefit Proceeds –** The Death Benefit Proceeds ("Proceeds") are the actual amount(s) payable if the Insured dies while this Policy is In Force. Proceeds are equal to the Death Benefit, as of the date of death, reduced by any Policy Debt and, if death occurs during a Grace Period, reduced by any Monthly Deductions that may be due and unpaid.

Death Benefit Proceeds may be paid in a lump sum or, if elected, may be distributed over a period of time. One or a combination of the plans available on the date of election may be selected. Distributions will be subject to any minimum amount requirements in effect at the time of election. If the Beneficiary is not a natural person, the choice of a payment option will be subject to our approval. You may contact us prior to choosing any payment, to obtain information on the currently available plans.

We will pay the Proceeds after the latest date of receiving all the following at the Administrative Office:

&nbsp;&nbsp;&nbsp;&nbsp;· Proof of the Insured's death, such as a certified copy of the death certificate for the Insured
or other lawful evidence providing equivalent information and proof of the claimant's legal interest in the proceeds;

&nbsp;&nbsp;&nbsp;&nbsp;· Sufficient information to determine our liability, the extent of our liability, and the appropriate party
legally entitled to the Proceeds; and

&nbsp;&nbsp;&nbsp;&nbsp;· Sufficient evidence that any legal impediments to payment of Proceeds that depend on parties other than us are resolved. Legal impediments
to payment include but are not limited to: (a) the establishment of guardianships and conservatorships; (b) the appointment
and qualification of trustees, executors and administrators; and, (c) submission of information required to satisfy state and federal
reporting requirements.

Interest on Proceeds will accrue from the date of the Insured's death to the date the claim is paid at:

&nbsp;&nbsp;&nbsp;&nbsp;· The minimum annual interest rate for funds left on deposit that is in effect on the date of the Insured's
death; or, if the company has not established a minimum annual interest rate for funds left on deposit;

ICC25 P25VIUL <br> Page [5]

&nbsp;&nbsp;&nbsp;&nbsp;· The Two-Year Treasury Constant Maturity Rate as published by the Federal Reserve, which is in effect on
the date of the Insured's death.

If payment of Proceeds is delayed 31 calendar days after the latest date of receiving the last of the above requirements, additional interest on the Death Benefit Proceeds, will be paid at the annual Death Benefit additional interest rate of 10%. Such Death Benefit Proceeds additional interest rate will be applied to the Proceeds beginning on the 31<sup>st</sup> calendar day referenced above to the date the claim is paid.

Proceeds paid are subject to the conditions and adjustments defined in other Policy provisions, such as General Provisions, withdrawals, Policy loans, and Timing of Payments.

**Basic Face Amount Increase –** You may submit an Application to increase the Basic Face Amount by adding a new Basic Life Coverage Layer. Your Application must include Evidence of Insurability and is subject to our approval. The effective date of the increased Basic Face Amount will be the first Monthly Payment Date on or next following the date all required conditions are met or any other mutually agreeable Monthly Payment Date. Certain riders may restrict your ability to request unscheduled increases in Coverage Layers. Increases may be allowed more than once per Policy year, however we reserve the right, uniformly for all members of the same Class, to limit Basic Face Amount increases to one per Policy year, to require a minimum increase amount, and to charge a fee to evaluate insurability, not to exceed the Maximum Fee per Evaluation of Insurability shown in the Policy Specifications, for each evaluation.

Upon approval of any such increase, a Supplemental Schedule of Coverage will be sent to the Address on Record, which will include the following information:

&nbsp;&nbsp;&nbsp;&nbsp;· The increased Face Amount and the effective date of the increase;

&nbsp;&nbsp;&nbsp;&nbsp;· The Risk Class for the increase;

&nbsp;&nbsp;&nbsp;&nbsp;· The Maximum Monthly Cost of Insurance Rates applicable to the increase;

&nbsp;&nbsp;&nbsp;&nbsp;· The Maximum Monthly Coverage Charges for the increase;

&nbsp;&nbsp;&nbsp;&nbsp;· If the Guideline Premium Test is the Death Benefit Qualification Test in Effect, the Policy's new
Guideline Premiums;

&nbsp;&nbsp;&nbsp;&nbsp;· Any Administrative Charge applicable to the new Coverage Layer; and

&nbsp;&nbsp;&nbsp;&nbsp;· The Maximum Surrender Charges for the new Coverage Layer.

**Other Face Amount Increases –** An increase in the Total Face Amount may occur when a change in Death Benefit Option is requested. In this case, the Face Amount of the most recently issued Coverage Layer will be increased. If there are rider and Basic Life Coverage Layers with the same Coverage Layer Date, unless otherwise stated, the rider Face Amount will be increased first. Certain riders may restrict your ability to request unscheduled increases in Coverage Layers.

**Face Amount Decrease –** You may request a decrease in the Total Face Amount of the Policy In Writing. When requesting a decrease in the Total Face Amount, you may specify the amount of the decrease for each type of insurance coverage. A decrease in Total Face Amount is subject to each of these limits:

&nbsp;&nbsp;&nbsp;&nbsp;· Only one requested decrease per Policy year is allowed;

&nbsp;&nbsp;&nbsp;&nbsp;· A decrease prior to the Initial Date of Decrease shown in the Policy Specifications is not allowed; and

&nbsp;&nbsp;&nbsp;&nbsp;· The Basic Face Amount remaining after a decrease must be at least equal to the Minimum Basic Face Amount
Following Requested Decrease shown in the Policy Specifications.

The effective date of the decreased Face Amount will be the first Monthly Payment Date on or next following the date your Written Request is approved.

Unless and until it is otherwise specified In Writing, any request for a decrease in Total Face Amount will not take effect if the requested change would cause the Policy to be classified as a Modified Endowment Contract under the Code in accordance with the Modified Endowment Contract Tax Status section of this Policy. Consult with a qualified tax advisor before requesting a decrease in Total Face Amount as described below. We reserve the right to allow a Face Amount Decrease prior to the Initial Date of Decrease. If this right is exercised, it will be done so uniformly for all members of the same Class. Upon approval of any decrease, a Supplemental Schedule of Coverage reflecting the decrease will be sent to the Address on Record.

ICC25 P25VIUL <br> Page [6]

If the Guideline Premium Test is the Death Benefit Qualification Test in Effect, the request for a decrease in the Total Face Amount will be subject to the Guideline Premium Limit as defined in the Code. This may result in one or more refunds of premiums or required distributions of Accumulated Value to maintain compliance with such limit, in accordance with the Tax Qualification as Life Insurance section of this Policy. Such request will not be allowed to the extent we determine that any resulting Guideline Premium limit would cause an amount in excess of the Net Cash Surrender Value to be distributed from the Policy.

**Processing of Face Amount Decreases –** Any reduction in the Total Face Amount, whether by Written Request or due to a withdrawal or change in Death Benefit Option, will reduce or eliminate the Face Amount of Coverage Layers based on Coverage Layer Date, in order from the latest to the earliest Coverage Layer Date. If more than one Coverage Layer has the same Coverage Layer Date, we will first reduce or eliminate the Face Amount of any rider Coverage Layer, and then the Face Amount of any Basic Life Coverage Layer.

If you request a Face Amount Decrease and specify the amount of decrease for each type of insurance coverage, only the applicable Coverage Layers will be reduced or eliminated based on Coverage Layer Date in order from the latest to earliest Coverage Layer Date.

Face Amount Decreases that are a result of an acceleration of the Death Benefit through certain riders, may result in a Basic Face Amount below the Minimum Basic Face Amount Following Requested Decrease.

**Policy Change Limit –** We reserve the right to require Evidence of Insurability for any Policy change that would result in an increase in Net Amount at Risk and, if the Evidence of Insurability is inconsistent with our underwriting rules, the Policy change may be limited or refused.

**Change in Benefits –** Under the Policy's Death Benefit Qualification Test, any change in Policy or rider benefits or certain other factors may require an adjustment to the Policy's tax qualification limits.

**PREMIUMS**

**Premiums –** The initial premium is payable either at the Administrative Office or to your registered representative before this Policy can be placed In Force. If requested, a premium receipt signed by one of our officers will be provided. Any premium that is received will not accrue interest or experience a gain or loss in value prior to the Policy being placed In Force. Additional premiums are optional and are payable at any time at the Administrative Office. Any premium paid after the initial premium, whether delivered to your registered representative or otherwise, will be considered "received" when it is delivered to the Administrative Office. Except for the initial premium, we bear no responsibility for any premium unless we have received it. We reserve the right to reject premium payments less than the Minimum Premium Payment shown in the Policy Specifications. Premiums may be paid at any time before the Monthly Deduction End Date, subject to the premium limits below. Any payment received while there is a loan will first be considered a Loan Repayment, unless we are notified In Writing that it is a premium payment.

**Planned Premium –** The Planned Premium is the amount of premium you have told us you intend to pay and is shown in the Policy Specifications. You may change the Planned Premium by Written Request. Planned Premium is payable at the Planned Premium Frequency shown in the Policy Specifications. Payment of the Planned Premium does not guarantee that the Policy will continue In Force.

**Premium Processing –** We deduct the applicable Premium Load(s) at the time a premium payment is received, and the resulting Net Premium will then be applied as described in the Allocations provision.

**Premium Load –** The Premium Load is equal to the premium paid, categorized by Premium Type, multiplied by the applicable Premium Load Rate(s). The applicable Premium Load Rate(s) may vary depending on a number of factors, including Class, Premium Type, the number of years the Policy is In Force, and source and amount of premium. Such rate will not exceed, and may be less than, the maximum Premium Load Rate(s) shown in the Policy Specifications. Premium Load(s) will be applied uniformly to all members of the same Class.

ICC25 P25VIUL <br> Page [7]

**Premium Type –** Premium Type is used to determine the applicable Premium Load for each premium payment. Each premium payment is categorized as one or, if applicable, more than one of the Premium Types described in the Policy Specifications.

**Premium Limitation –** We reserve the right to require Evidence of Insurability for any premium payment that would result in an increase in the Net Amount at Risk. If such Evidence of Insurability is not satisfactory to us, the premium payment may be limited or refused, unless it is necessary to keep the Policy In Force.

**Guideline Premium Limit –** This subsection applies only if the Guideline Premium Test is the Death Benefit Qualification Test is in Effect. For this Policy to qualify as a life insurance contract under Section 7702(c) of the Code, the sum of the premiums paid less a portion of any non-taxable withdrawals, as specified in the Code, may not exceed the Guideline Premium Limit, which is the greater of:

&nbsp;&nbsp;&nbsp;&nbsp;· The Guideline Single Premium; or

&nbsp;&nbsp;&nbsp;&nbsp;· The sum of the annual Guideline Level Premiums to the earlier of the date of payment or the Insured's
Age 100.

When applicable, the Guideline Single Premium and Guideline Level Premium (collectively referred to as "Guideline Premiums") are shown in the Policy Specifications and may change whenever there is a change in the Total Face Amount of insurance, whether scheduled or otherwise, or in certain other Policy benefits or factors. Any such Guideline Premium change will be shown in a Supplemental Schedule of Coverage that will be sent to the Address on Record at the time of the change. The Guideline Premiums are used to determine the premium limits beyond which this Policy would fail to qualify as a life insurance contract under the Code. Payment of the Guideline Premiums does not guarantee that the Policy will never lapse, and additional premiums may be necessary to prevent the Policy from lapsing in the future.

The Guideline Premiums are determined by the rules that apply to this Policy as set forth in the Code. The Guideline Premiums will be adjusted to conform to any changes in the Code. To the extent that a premium payment would exceed such limits, the excess payment will be refunded to you in accordance with the Tax Qualification as Life Insurance section of this Policy, provided that we may not refuse any premium payment necessary to keep this Policy In Force. Further, we reserve the right to make distributions to you from the Policy to the extent we deem necessary to continue to classify this Policy as a life insurance contract under the Code, in accordance with the Tax Qualification as Life Insurance section of this Policy.

**Modified Endowment Contract Premium Limit –** In order that this Policy not be classified as a Modified Endowment Contract under Section 7702A of the Code, the sum of premiums paid less a portion of any non-taxable withdrawals may not exceed the 7-Pay limit as defined in the Code. The 7-Pay limit is the cumulative sum of the 7-Pay Premiums during the applicable 7-Pay testing period. In the event that a premium payment would cause the 7-Pay limit to be exceeded, we will refund the excess payment to you, unless you have provided a Written Request in which you accept your Policy being classified as a Modified Endowment Contract and indicate that we may accept such payments and apply them to the Policy, in accordance with the Modified Endowment Contract Tax Status section of this Policy. Payment of the 7-Pay Premium does not guarantee that the policy will never lapse, and additional premium may be necessary to prevent the policy from lapsing in the future.

The 7-Pay Premium may change whenever there is a change in the Total Face Amount of insurance, Death Benefit, or in other certain Policy benefits or factors. The 7-Pay Premiums are determined according to the rules applicable to this Policy set forth in the Code. The 7-Pay Premium will be adjusted to conform to any changes in the Code. To the extent that a premium payment would cause such limits to be exceeded, the excess payment will be refunded to you, in accordance with the Modified Endowment Contract Tax Status section of this Policy. Further, as indicated in that section, the Death Benefit will be increased to the extent we deem necessary to continue to classify this Policy as a non-Modified Endowment Contract under the Code.

**INVESTMENT OPTIONS**

**Fixed Account(s) –** There may be one or more Fixed Account(s) available on this Policy. The Fixed Account(s) available as of the Policy Date are shown in the Policy Specifications. We reserve the right to add Fixed Account(s) or to terminate or suspend one or more of the Fixed Account(s) at any time. In such case, notification of the change

ICC25 P25VIUL <br> Page [8]

will be sent to the last known Address on Record. If a Fixed Account is terminated or suspended, unless you provide us with Written Instructions indicating otherwise, any Fixed Account Value held in that Fixed Account will be transferred to another Fixed Account that will be identified in the notification.

**Indexed Account(s) –**There may be one or more Indexed Account(s) available on this Policy. The Indexed Account(s) available as of the Policy Date are shown in the Policy Specifications. We reserve the right to add Indexed Account(s) or to terminate or suspend one or more of the Indexed Account(s) at any time. In such case, notification of the change will be sent to the last known Address on Record. If an Indexed Account is terminated or suspended, unless you provide us with Written Instructions indicating otherwise, any Indexed Account Value held in that Indexed Account will be transferred to another Account that will be identified in the notification.

**Variable Account(s) –**There may be one or more Variable Account(s) available on this Policy. The Variable Account(s) available as of the Policy Date are shown in the Application. We reserve the right to add Variable Account(s) or to combine, remove, liquidate, or terminate one or more of the Variable Account(s) at any time. In such case, notification of the change will be sent to the last known Address on Record. If a Variable Account is removed, liquidated, or terminated, unless you provide us with Written Instructions indicating otherwise, any Variable Account Value held in that Variable Account will be transferred to another Account that will be identified in the notification.

**ACCUMULATED VALUE**

**Accumulated Value –** The Accumulated Value on each Valuation Day equals the sum of:

&nbsp;&nbsp;&nbsp;&nbsp;· The Fixed Account Value; plus

&nbsp;&nbsp;&nbsp;&nbsp;· The Variable Account Value; plus

&nbsp;&nbsp;&nbsp;&nbsp;· The Indexed Account Value; plus

&nbsp;&nbsp;&nbsp;&nbsp;· The Loan Account Value.

**Net Accumulated Value –** The Net Accumulated Value is equal to the Accumulated Value less any Policy Debt.

**Fixed Account Value –** The Fixed Account Value is the sum of the Accumulated Value of the Fixed Account(s).

On the first day that the Policy is In Force, the Fixed Account Value equals the portion of the Net Premium that is allocated to the Fixed Account(s) according to the Allocation Instructions on record, less any applicable Monthly Deduction.

On any Valuation Day, the Fixed Account Value is equal to:

&nbsp;&nbsp;&nbsp;&nbsp;· The Fixed Account Value on the prior Valuation Day;

&nbsp;&nbsp;&nbsp;&nbsp;· Plus interest earned on such amount since the prior Valuation Day;

&nbsp;&nbsp;&nbsp;&nbsp;· Plus the amount of any applicable Account Additions to the Fixed Account(s) since the prior Valuation
Day;

&nbsp;&nbsp;&nbsp;&nbsp;· Plus the amount of any transfer to the Fixed Account(s) since the prior Valuation Day;

&nbsp;&nbsp;&nbsp;&nbsp;· Minus reduction for benefits paid since the prior Valuation Day as may be described in certain riders
attached to this Policy;

&nbsp;&nbsp;&nbsp;&nbsp;· Minus any applicable Account Deductions from the Fixed Account(s) since the prior Valuation Day;
and

&nbsp;&nbsp;&nbsp;&nbsp;· Minus the amount of any transfers from the Fixed Account(s) since the prior Valuation Day.

We credit interest on a daily basis using a 365-day year, at an annual effective rate not less than the Guaranteed Interest Rate for the Fixed Account shown in the Policy Specifications. If there is more than one Fixed Account available, each Fixed Account may have its own unique rate. We reserve the right to use an annual rate that is higher than the minimum shown. Any higher rate will apply uniformly to all members of the same Class. The interest rate in effect at the beginning of the Policy year will be effective for the duration of that year.

**Variable Account Value –** The Variable Account Value is the sum of the Accumulated Value in each Variable Account.

ICC25 P25VIUL <br> Page [9]

Assets in each Variable Account are divided into Accumulation Units, which are measures of value for bookkeeping purposes.

&nbsp;&nbsp;&nbsp;&nbsp;· Account Additions and transfers to a Variable Account will result in a credit of Accumulation Units to
the Variable Account.

&nbsp;&nbsp;&nbsp;&nbsp;· Account Deductions and transfers from a Variable Account will result in a deduction of Accumulation Units
from the Variable Account.

The number of Accumulation Units credited to or deducted from a Variable Account as a result of a transaction is equal to the dollar amount of the transaction divided by the Unit Value of the affected Variable Account. The number of Accumulation Units in each Variable Account will not change because of subsequent changes in Unit Value.

The Accumulated Value in each Variable Account is equal to the number of Accumulation Units in the Variable Account multiplied by the Unit Value of the Variable Account.

**Unit Value –** The initial Unit Value for each Variable Account was arbitrarily set by us when the Variable Account was established. At the end of each Valuation Day, the Unit Value for each Variable Account is equal to (Y) × (Z) where:

&nbsp;&nbsp;&nbsp;&nbsp;(Y) is the Unit Value for that Variable Account as of the end of the prior Valuation Day; and

&nbsp;&nbsp;&nbsp;&nbsp;(Z) is the Net Investment Factor for that Variable Account as of the end of the current Valuation Day.

**Net Investment Factor –** At the end of each Valuation Day, the Net Investment Factor for each Variable Account is equal to (a) ÷ (b), where:

&nbsp;&nbsp;&nbsp;&nbsp;(a) equals the sum of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· the Net Asset Value per share of the corresponding portfolio shares held by the Variable Account as of
the end of the current Valuation Period; plus

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· the per share amount of any dividend or capital gain distributions made during that Valuation Period on
the portfolio shares held by the Variable Account; minus

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· the Separate Account charge, if any; plus or minus

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· any per share credit or charge for any taxes that are, or may become, associated with the operation of
the Variable Account; and

&nbsp;&nbsp;&nbsp;&nbsp;(b) equals the Net Asset Value per share of the corresponding portfolio shares held by the Variable Account
as of the end of the prior Valuation Period.

**Net Asset Value –** This is the portfolio shares corresponding to the Variable Account on any Valuation Day. We receive a report of the Net Asset Value as of the end of each Valuation Day by the investment company in whose shares the Variable Account is invested.

**Indexed Account Value –** The Indexed Account Value is equal to the sum of the Segment Values for all Segments in the Indexed Accounts.

**Loan Account Value –** The Loan Account Value is a portion of the Accumulated Value set aside to secure the Policy Debt. The Loan Account Value is equal to the Loan Account plus Loan Interest Credit.

**Account Addition Method –** The Account Addition Method describes how Account Additions will be applied to the Accumulated Value and is shown in the Policy Specifications. We may make other Account Addition Method options available in addition to the method described in the Policy Specifications. If another option has not been elected, the Account Addition Method will occur as described in the Policy Specifications.

**Account Deduction Method –** The Account Deduction Method describes how Account Deductions will be taken from the Accumulated Value, as of the Policy Date, and is shown in the Policy Specifications. We may make other Account Deduction Method options available in addition to the method described in the Policy Specifications. If another option has not been elected, the Account Deduction Method will occur as described in the Policy Specifications.

**INDEXED ACCOUNTS**

ICC25 P25VIUL <br> Page [10]

The Indexed Account Value in each Indexed Account is divided into Segments. The following is an overview of how Segments work:

&nbsp;&nbsp;&nbsp;&nbsp;· A new Segment is created when there is an allocation or transfer to an Indexed Account. The Segment will
continue until the end of the Segment Term.

· During the Segment Term, the Segment Value will be credited with Segment Guaranteed Interest and may be
reduced by Segment Deductions.

&nbsp;&nbsp;&nbsp;&nbsp;· At the end of a Segment Term, Segment Indexed Interest, if any, is credited, and the Segment Maturity
Value is transferred as described in the Segment Maturity Value Reallocation provision below.

**Segment Date –** A new Segment is created when there is an allocation or transfer to an Indexed Account. The date of the allocation or transfer is called the Segment Date, and Segment months and Segment years are measured from this date. Once a Segment is created, the Indexed Account Factors will not change for that Segment during the Segment Term, as described in the Policy Specifications.

**Segment Start Date –** The Segment Start Date is the date as of which allocations or transfers into the Indexed Account may occur. The Segment Start Date is shown in the Policy Specifications. If we change the Segment Start Date, you will be notified in the Annual Report or other written notice.

**Segment Term and Segment Maturity –** The Segment Term is the total length of time that a particular Segment can exist. The Segment Term begins on the Segment Date and ends at Segment Maturity.

**Segment Value –** The Segment Value on the Segment Date is equal to the amount allocated or transferred to the Indexed Account at such time. At any later date, the Segment Value is equal to:

&nbsp;&nbsp;&nbsp;&nbsp;· The Segment Value as of the prior day;

&nbsp;&nbsp;&nbsp;&nbsp;· Plus the Segment Guaranteed Interest since the prior day;

&nbsp;&nbsp;&nbsp;&nbsp;· Minus any Segment Deductions since the prior day;

&nbsp;&nbsp;&nbsp;&nbsp;· Plus, at Segment Maturity only, any Segment Indexed Interest credited.

**Segment Guaranteed Interest –** Interest is credited on a daily basis to each Segment from the Segment Date to Segment Maturity, using a 365-day year, at an annual rate equal to the Segment Guaranteed Interest Rate shown in the Policy Specifications. The amount of such interest is called the Segment Guaranteed Interest.

**Segment Deductions –** Account Deductions may reduce the Segment Value in all Segments as described in the Account Deduction Method section of the Policy Specifications. For each Segment, the deduction is taken first from the Segment Monthly Balance, and then from the Segment Guaranteed Interest.

**Segment Maturity Value –** At Segment Maturity, the Segment Indexed Interest, if any, is calculated and credited to the Segment, resulting in the Segment Maturity Value.

**Segment Indexed Interest –** Segment Indexed Interest is calculated as described in the Policy Specifications. Upon a policy termination, no Segment Indexed Interest will be credited to the Indexed Account Value for any Segment that has not yet reached Segment Maturity. Segments will not be reinstated upon reinstatement of the Policy.

**Segment Maturity Value Reallocation –** At Segment Maturity, the Segment Maturity Value is transferred according to the reallocation instructions on file with us. If we have not been given any such instructions, the Segment Maturity Value will be reallocated to a new Segment of the same Indexed Account. However, if the Segment Monthly Balance has been reduced to zero, we will transfer any remaining Segment Maturity Value into the Designated Fixed Account.

**Order of Processing Transfers –** Any reallocation of Segment Maturity Value from the Indexed Account(s) to the Fixed Account will occur before any other transfer.

**Substitution of Indexes –** We reserve the right to substitute one or more Indexes for any particular Indexed Account, for any reason, including if an Index is discontinued or no longer published. In such case, prior to the change,

ICC25 P25VIUL <br> Page [11]

notification will be sent to the Address on Record. Any such substitution is subject to approval by the Interstate Insurance Product Regulation Commission (IIPRC).

**ALLOCATIONS AND TRANSFERS**

You may allocate Accumulated Value, Net Premium, and Loan Repayment to one or more Accounts, subject to the conditions provided in this section.

**Allocations –** You may designate all or part of each Net Premium and Loan Repayment to be allocated to any available Account.

If you designate a portion of the Net Premium or Loan Repayment to be allocated to a Fixed Account, the Net Premium or Loan Repayment will be deposited in the Fixed Account at the time of the payment.

If you designate a portion of the Net Premium or Loan Repayment to be allocated to the Indexed Account(s), the Net Premium or Loan Repayment will first be deposited in the Designated Fixed Account. Then, on the next Segment Start Date, the amount you allocate, up to the Designated Fixed Account balance, will be transferred from the Designated Fixed Account to the Indexed Account(s) based on your Allocation Instructions. If your Policy is in a Lockout Period (see Lockout Period), then no transfer to the Indexed Account can occur.

If you designate a portion of the Net Premium or Loan Repayment to be allocated to the Variable Account(s) before the Free Look Transfer Date, the Net Premium or Loan Repayment will first be deposited in a money market variable account that we designate. Then, on the Free Look Transfer Date, the amount you designate, up to the money market variable account balance, will be transferred from that account to the Variable Account(s) based on your Allocation Instructions. If you designate a portion of the Net Premium or Loan Repayment to be allocated to a Variable Account on and after the Free Look Transfer Date, the amount will be deposited in the Variable Account at the time of the payment.

**Allocation Instructions –** Allocation Instructions are instructions In Writing that identify the Account(s) to which the Net Premium or Loan Repayment will be allocated. You may change the Allocation Instructions for future premium payments or Loan Repayments at any time by Written Request. A change will be effective as of the end of the Business Day on which such Written Request is received. Any requested change to the Allocation Instructions will affect the allocation of future premium payments and Loan Repayments but will not change the allocation of any previous payments. We reserve the right to impose a limit on the number and frequency of such changes.

**Transfers –** You may transfer all or part of the Accumulated Value:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· From the Variable Account(s) to the Fixed Account(s);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· From the Fixed Account(s) to the Variable Account(s); and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· From one Fixed Account to another Fixed Account, if applicable.

If you want to transfer Variable Account Value to the Indexed Account(s), the Variable Account Value must first be transferred to the Designated Fixed Account. Then, on the next Segment Start Date, a transfer from the Designated Fixed Account, subject to the conditions provided in this Policy, will be transferred to the Indexed Account(s).

You may not transfer value out of an Indexed Account before the end of the Segment Term.

You may not transfer value to a Variable Account other than the money market variable account that we designate before the Free Look Transfer Date.

No transfer may be made if the Policy is in a Grace Period and the required premium has not been paid.

**Allocation and Transfer Restrictions –** We reserve the right to:

&nbsp;&nbsp;&nbsp;&nbsp;· Limit allocations and/or transfers to the Indexed Account(s) as described in the Allocation Limitations
for the Indexed Account(s) shown in the Policy Specifications;

ICC25 P25VIUL <br> Page [12]

&nbsp;&nbsp;&nbsp;&nbsp;· Limit allocations and/or transfers to the Fixed Account(s) as described in the Allocation Limitations
for the Fixed Account(s) shown in the Policy Specifications;

&nbsp;&nbsp;&nbsp;&nbsp;· Limit the size of transfers so that each transfer is at least equal to the Minimum Transfer Amount, shown
in the Policy Specifications;

&nbsp;&nbsp;&nbsp;&nbsp;· Limit the frequency of transfers. However, transfers to an Indexed Account will not occur less frequently
than as shown in the Policy Specifications (see Segment Start Dates);

&nbsp;&nbsp;&nbsp;&nbsp;· Require that the remaining balance in the Investment Option(s) as a result of a transfer, be at least
equal to the Remaining Balance Amount shown in the Policy Specifications;

&nbsp;&nbsp;&nbsp;&nbsp;· Assess an Excess Transfer Charge for each transfer exceeding the Total Number of Transfers Permitted Per
Calendar Year shown in the Policy Specifications;

&nbsp;&nbsp;&nbsp;&nbsp;· Impose further restrictions to limit transfers between certain Accounts, including, but not limited to,
the dollar amount, the number of transfers made during a defined period, and the method used to submit transfers;

&nbsp;&nbsp;&nbsp;&nbsp;· Otherwise waive or reduce any or all restrictions, uniformly to all members of the same Class, on transfers
described in this section;

&nbsp;&nbsp;&nbsp;&nbsp;· Revoke any waiver or reduction, uniformly to all members of the same Class; and

&nbsp;&nbsp;&nbsp;&nbsp;· Terminate transfer privileges at any time.

Transfers between the Fixed Account(s) and the Variable Account(s) are also subject to the conditions in the Policy Specifications for each Fixed Account.

We reserve the right to allocate any excess allocations and/or transfers over such limits to the other Account(s) according to the most recent Allocation Instructions on record. If instructions have not been received, any excess will be allocated to a money market Variable Account, or a successor Account, identified by us for such purposes. Allocations include Net Premium payments and Loan Repayments.

You may contact us to find out what allocation and/or transfer restrictions are in effect at any time.

**Cut-Off Date –** For allocations or transfers into an Indexed Account to be effective on a given Segment Start Date, the following must be received at our Administrative Office by the Cut-Off Date shown in the Policy Specifications:

&nbsp;&nbsp;&nbsp;&nbsp;· Any instructions for Net Premium or Loan Repayment to be allocated to an Indexed Account; or

&nbsp;&nbsp;&nbsp;&nbsp;· Any instructions for transfers of Designated Fixed Account Value or reallocation of Segment Maturity Value
to the Indexed Account(s).

**Lockout Period –** A Lockout Period is a 12-month period during which no transfers to an Indexed Account will be allowed. Reallocation of Segment Maturity Value to an Indexed Account is allowed during the Lockout Period. A Lockout Period will begin any time there is a deduction from an Indexed Account as a result of a Policy Loan or withdrawal, unless stated otherwise in an attached rider or benefit form.

**POLICY CHARGES**

**Monthly Deduction –** The Monthly Deduction provides coverage for the Policy month following the Monthly Payment Date and is deducted from the Accumulated Value on each Monthly Payment Date before the Monthly Deduction End Date. It is equal to the sum of the following items:

&nbsp;&nbsp;&nbsp;&nbsp;· The Administrative Charge;

&nbsp;&nbsp;&nbsp;&nbsp;· The Cost of Insurance Charge;

&nbsp;&nbsp;&nbsp;&nbsp;· The Coverage Charge;

&nbsp;&nbsp;&nbsp;&nbsp;· The Asset Charge, if any;

&nbsp;&nbsp;&nbsp;&nbsp;· The Indexed Fixed Option Charge, if any; and

&nbsp;&nbsp;&nbsp;&nbsp;· Rider or benefit charges, if any.

Unless otherwise indicated, the Monthly Deduction is taken from the Policy's Accumulated Value as an Account Deduction on each Monthly Payment Date before the Monthly Deduction End Date.

ICC25 P25VIUL <br> Page [13]

Monthly Deductions are calculated beginning from the Policy Date. Subject to state law, you may have requested In Writing to use a Policy Date that preceded the date on which the initial premium is paid. In such case, Monthly Deductions due for the period prior to our receipt of the initial premium will be deducted on the first Monthly Payment Date on or next following the date the initial premium is received.

The maximum for each charge is described below or in the rider or benefit forms. We may charge less than such maximum charge. Any lesser charge will apply uniformly to all members of the same Class. The charges, including the Cost of Insurance Charge, can be adjusted by us in our sole and exclusive discretion and such adjustment can be based on our experience factors such as investment earnings, mortality, persistency, taxes, and expenses, but will not exceed the maximums as shown in the Policy Specifications. We may profit from such charges, and may use those profits for any lawful purpose, such as the payment of distribution and administrative expenses. Unless stated otherwise, there are no Monthly Deductions on and after the Monthly Deduction End Date, which is shown in the Policy Specifications.

**Administrative Charge –** The Administrative Charge Per Month is shown in the Policy Specifications.

**Cost of Insurance Charge –** The Cost of Insurance Charge is the sum of the Cost of Insurance Charges for all Coverage Layers. The Cost of Insurance Charge for each Coverage Layer is equal to a × b, where:

a = the Monthly Cost of Insurance Rate for the Coverage Layer divided by 1000; and

b = the Net Amount at Risk as of the beginning of the Policy month before the Monthly Deduction is assessed.

If there are multiple Coverage Layers, the Net Amount at Risk is allocated proportionately to each Coverage Layer relative to the Total Face Amount.

**Cost of Insurance Rates –** The Maximum Monthly Cost of Insurance Rates for each Coverage Layer are shown in the Policy Specifications or, if applicable, in any Supplemental Schedule of Coverage. We reserve the right to charge rates that are lower than the maximums shown. Any lower Cost of Insurance Rates will apply uniformly to all members of the same Class.

**Coverage Charge –** The Coverage Charge is the sum of the Coverage Charges for all Coverage Layers. The Coverage Charge for each Coverage Layer will not exceed the Maximum Monthly Coverage Charge shown in the Policy Specifications or, if applicable, the Supplemental Schedule of Coverage that is sent to the Address on Record when a Coverage Layer is added. This charge is based on the Face Amount of the Coverage Layer as of its effective date. The Coverage Charge will not decrease even if the Face Amount of the associated Coverage Layer is decreased to zero. The Coverage Charge for any Coverage Layer will cease only if the Coverage Layer is terminated.

**Asset Charge –** The Asset Charge is equal to the Monthly Asset Charge Rate multiplied by the Unloaned Accumulated Value. The Unloaned Accumulated Value is equal to c – d where:

c = the Accumulated Value at the beginning of the policy month before the current Monthly Deduction is charged; and

d = the Loan Account.

The Monthly Asset Charge Rate will not exceed the Maximum Monthly Asset Charge Rate shown in the Policy Specifications.

**Indexed Fixed Option Charge –** Any Indexed Fixed Option Charge is described in the Indexed Account Policy Specifications page(s).

**Rider or Benefit Charges –** Any rider or benefit charges are described in the rider or benefit forms.

**Tax-Related Charges –** In addition to the charges described in this Policy, we reserve the right to make a charge for federal, state or local taxes generated by this Policy, or generated by our operations with respect to this Policy, to the extent such tax was not applicable to the Policy or our operations at the time of Policy issuance.

ICC25 P25VIUL <br> Page [14]

**POLICY LAPSE AND REINSTATEMENT**

**Grace Period –** If the Policy's Net Accumulated Value is not sufficient to provide for the Policy's Monthly Deductions, the Policy will enter the Grace Period. A Grace Period of 61 days will be allowed for the payment of sufficient Loan Repayment or premium to keep this Policy In Force. The Grace Period begins on the Monthly Payment Date on which the insufficiency occurred and ends 61 days thereafter. At the start of the Grace Period, a grace notice will be sent to the Address on Record, including to any assignee of record, and any additional person designated to receive notice of lapse or termination (grace notice). Sufficient payments that are sent to us by United States mail and postmarked within the Grace Period will be accepted. Premium payments will be processed upon receipt, as described in the Premiums section. There is no penalty for paying a premium during the Grace Period. This Policy will remain In Force during the Grace Period and no interest on such premium will be charged. If the Insured dies during the Grace Period, the Death Benefit will be equal to the Death Benefit as of the beginning of the Grace Period reduced by any overdue charges.

**Notification of Pending Termination for Non-Payment –** A notification will be sent to the Address on Record, including to any assignee of record and any additional person designated to receive notice of lapse or termination (grace notice), 30 days after the Monthly Payment Date on which the insufficiency occurred. The notification will be provided by first class United States mail, postage prepaid, or by other means where permitted, and will state the due date and the amount of Loan Repayment or premium required for this Policy to remain In Force. A minimum of the insufficient amount due plus three times the Monthly Deduction due when the insufficiency occurred, plus any applicable Premium Load, must be paid for this Policy to remain In Force.

**Lapse –** A minimum of the insufficient amount due provided in the notification, plus three times the Monthly Deduction due when the insufficiency occurred, plus any applicable Premium Load, must be paid for this Policy to remain In Force. If sufficient Loan Repayment or premium is not made by the end of the Grace Period, this Policy will lapse. Upon lapse, the Policy will terminate with no value. Consult with a qualified tax advisor before allowing this Policy to lapse.

**Reinstatement –** After the end of the Grace Period, if it has not been surrendered, this Policy may be reinstated within the Reinstatement Period shown in the Policy Specifications. To reinstate this Policy, we must receive all of the following:

&nbsp;&nbsp;&nbsp;&nbsp;· An Application for reinstatement;

&nbsp;&nbsp;&nbsp;&nbsp;· Satisfactory Evidence of Insurability that the Insured is insurable in the same Risk Class as when
the Policy was issued;

&nbsp;&nbsp;&nbsp;&nbsp;· Sufficient Net Premium to cover all Monthly Deductions and Loan Interest Charges due and unpaid during
the Grace Period;

&nbsp;&nbsp;&nbsp;&nbsp;· Sufficient Net Premium to keep the Policy In Force for three months after the date of reinstatement; and

&nbsp;&nbsp;&nbsp;&nbsp;· Sufficient Net Premium to cover any negative Accumulated Value if there was a Policy loan or other outstanding
Policy Debt at the time of lapse.

The effective date of the Policy reinstatement will be the Monthly Payment Date on or next following the date your reinstatement Application is approved. At reinstatement each of the following applies:

&nbsp;&nbsp;&nbsp;&nbsp;· The Accumulated Value upon reinstatement will equal the Accumulated Value on the date of lapse less the Policy Debt at the time of
lapse. Any negative Accumulated Value will be due in addition to sufficient premium at the time of reinstatement.

&nbsp;&nbsp;&nbsp;&nbsp;· The Maximum Surrender Charges and the Policy Charges for the coverages under this Policy will be calculated based on the remaining
portion of each applicable Coverage Layer's schedule(s) measured from the original Coverage Date(s).

&nbsp;&nbsp;&nbsp;&nbsp;· Cost of Insurance Charges will be calculated using Cost of Insurance Rates that resume their schedule(s) measured
from the original Coverage Date(s).

&nbsp;&nbsp;&nbsp;&nbsp;· If there was a Policy loan at the time of lapse, the loan will not be reinstated.

ICC25 P25VIUL <br> Page [15]

After the reinstatement premium has been applied, regular Policy processing will occur for the period when coverage was provided during the Grace Period. There will be no Monthly Deductions and no interest credits between the time of lapse and reinstatement.

**SURRENDER AND WITHDRAWAL OF VALUES**

**Surrender –** Upon Written Request, while it is In Force, this Policy may be surrendered for its Net Cash Surrender Value on the date the Written Request is received at the Administrative Office. The Policy will terminate on the date of Surrender. The Net Cash Surrender Value on the date of Surrender will be adjusted for any Account Additions and Account Deductions made since the preceding Monthly Payment Date. Surrender proceeds will be paid in a single lump sum check. We may make other options available in addition to the single check option.

**Cash Surrender Value –** The Cash Surrender Value is the Accumulated Value less any Surrender Charge.

**Net Cash Surrender Value –** The Net Cash Surrender Value is the Cash Surrender Value less any Policy Debt.

**Surrender Charge –** If this Policy is surrendered, there may be a Surrender Charge deducted from the Accumulated Value. The Surrender Charge is determined according to the Surrender Charge Calculation shown in the Policy Specifications.

**Maximum Surrender Charge –** The Maximum Surrender Charge is the sum of the Maximum Surrender Charges for any Coverage Layer that has an associated Surrender Charge. The Maximum Surrender Charges may vary with the presence of other Rider Coverage Layers. The Maximum Surrender Charges for each initial Coverage Layer are shown in the Policy Specifications.

If there have been decreases in the Face Amount of any Coverage Layer, including decreases due to withdrawals, the Maximum Surrender Charge for that Coverage Layer will not change because of the decrease.

In addition, any applicable Maximum Surrender Charges for a Basic Life Coverage Layer representing an increase in coverage will be provided in a Supplemental Schedule of Coverage. The Maximum Surrender Charges for any such Coverage Layer will be effective as of the Coverage Layer Date and will decrease in the same manner as the Maximum Surrender Charges for each initial Coverage Layer.

We reserve the right to charge less than the Maximum Surrender Charges. Any lesser charge will apply uniformly to all members of the same Class.

**Withdrawals –** You may withdraw a portion of the Net Cash Surrender Value of this Policy on or after the Initial Date of Withdrawal shown in the Policy Specifications, and until the Monthly Deduction End Date. Such withdrawal and any withdrawal fee will be deducted from the Accumulated Value as an Account Deduction, unless you instruct otherwise. The withdrawal fee, if any, will not be more than the Maximum Fee for Each Withdrawal shown in the Policy Specifications. There is no Surrender Charge imposed for a withdrawal, even if the Total Face Amount is reduced because of the withdrawal. Withdrawals will be subject to each of the Withdrawal Conditions, all shown in the Policy Specifications. The Basic Face Amount after a withdrawal must be at least equal to the Minimum Basic Face Amount After Withdrawal.

If Death Benefit Option A is in effect, a requested withdrawal may decrease the Total Face Amount as follows:

&nbsp;&nbsp;&nbsp;&nbsp;· For the first withdrawal taken in each of the first 15 Policy years, the Total Face Amount will decrease
by the amount, if any, that the withdrawal exceeds (a) plus (b), where:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) is the lesser of 10% of the Net Cash Surrender Value or $10,000; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) is the Death Benefit minus the Total Face Amount.

&nbsp;&nbsp;&nbsp;&nbsp;· For all other withdrawals, the Total Face Amount will decrease by the amount, if any, that the withdrawal
exceeds the Death Benefit minus the Total Face Amount.

&nbsp;&nbsp;&nbsp;&nbsp;· If the reduction in Total Face Amount due to a requested withdrawal would cause the Policy to become a Modified Endowment Contract,
a withdrawal request will not be processed unless and until we receive a request to classify this Policy as a Modified Endowment Contract,
in accordance with the Modified Endowment Contract Tax Status section of this Policy, In Writing.

ICC25 P25VIUL <br> Page [16]

If Death Benefit Option B is in effect at the time of a withdrawal, the Total Face Amount will not be reduced, but the Accumulated Value will be reduced by the amount of the withdrawal. This has the effect of reducing the Death Benefit (see the Death Benefit section for details).

If Death Benefit Option C is in effect at the time of a withdrawal, the Total Face Amount will not be reduced, but the sum of the withdrawals will be increased by the amount of the withdrawal. This has the effect of reducing the Death Benefit (see the Death Benefit section for details).

If the Insured dies after the request for a withdrawal is received and prior to the withdrawal being processed, the withdrawal, if allowed under this provision, will be processed and paid to the Owner, or to the Owner's estate before the Death Benefit Proceeds are determined and paid to the Beneficiary.

**TIMING OF PAYMENTS AND TRANSFERS**

**Variable Accounts –** With respect to allocations made to the Variable Accounts, values for surrenders, withdrawals, loans and, unless transfers are restricted, transfers as of the end of the Valuation Day will be calculated on or next following the day on which your instructions are received. For any portion of Death Benefit depending on the Variable Account Value, such value will be calculated as of the end of the Valuation Day on or next following the day on which the Insured's death occurs. We will pay such amounts and will process such transfers within seven days after all the information needed for the transaction is received. However, the calculation, payment or transfer of any such amounts derived from any of the Variable Accounts may be postponed, if any of the following occur:

· The New York Stock Exchange is closed on other than customary weekend and holiday closings;

· Trading on the New York Stock Exchange is restricted as determined by the Securities and Exchange Commission
(SEC);

· An emergency exists, as determined by the SEC, as a result of which it is not reasonably practicable to determine the value of the
Variable Account assets or corresponding portfolio assets or to dispose of Variable Account securities; or

· The SEC by order permits postponement for the protection of Policy Owners.

**Other Accounts –** With respect to allocations to Accounts other than those made to the Variable Accounts, surrenders, withdrawals, loans (except for loans to pay a premium on any policy issued by us), and transfers from such Accounts may be deferred, for up to six months after your request is received.

With respect to transfers, we will disclose in written notice to the Address on Record the effective date of the transfer, the reason for the delay, and the value of the transfer as of the date your transfer request is received.

**Deferral –** If payment of surrenders, withdrawals or loans is deferred for more than 10 days after your request is received, we will pay interest at the rate required by the state in which this Policy is delivered, but not less than an annual rate equal to the guaranteed rate payable on the Designated Fixed Account will be paid.

**POLICY LOANS**

**Policy Loans –** You may request a Policy loan, sometimes referred to as a Standard Policy Loan in certain riders and benefits, In Writing after the Free Look Transfer Date, on the sole security of this Policy. Consult with a qualified tax advisor before requesting a Policy loan.

**Loan Account –** Prior to the first loan taken, the Loan Account is zero. When a Policy Loan is taken, an amount equal to the loan will be deducted from the Accumulated Value as an Account Deduction and added to the Loan Account. If any amount of the Loan Interest Charge is not paid when due, the Loan Account will increase as described in the Loan Interest Processing provision. If there is a Loan Repayment, the Loan Account will decrease as described in the Loan Repayment provision.

**Loan Account Value –** The Loan Account Value is equal to the Loan Account plus any accrued Loan Interest Credit.

ICC25 P25VIUL <br> Page [17]

**Loan Amount Available –** The maximum amount available for a loan on any date is equal to the Accumulated Value less:

· Three times the most recent Monthly Deduction that reduces the Accumulated Value under the Policy;

· Any Surrender Charge; and

· Any existing Policy Debt.

The amount of the loan must be at least equal to the Minimum Loan Amount, if any, shown in the Policy Specifications.

**Loan Repayment –** A Loan Repayment is a payment that reduces the Loan Account. You may make a Loan Repayment of an amount up to the Loan Account at any time prior to lapse of this Policy. Unless we are notified In Writing that the payment is a premium payment, any payment received while you have a loan will first be applied as a Loan Repayment.

If you make a Loan Repayment, an amount equal to the Loan Repayment will be deducted from the Loan Account and added to the Accumulated Value as an Account Addition.

If the Loan Repayment is greater than the Loan Account, only the amount necessary to reduce the Loan Account to zero will be deducted from the Loan Account and added to the Accumulated Value as an Account Addition, and any remaining amount will be deducted from the Loan Interest Charge. If the remaining amount is greater than the Loan Interest Charge, only the amount necessary to reduce the Loan Interest Charge to zero will be deducted from the Loan Interest Charge, and any remaining amount will be applied as a premium payment.

We reserve the right to transfer the Loan Repayment from the Loan Account to the Fixed Account(s) up to the amount that was originally borrowed. Any remaining amount will be transferred to the Variable Accounts based on your most recent Allocation Instructions.

If you wish to repay the Policy loan in full, you must send us a payment that is sufficient to cover the Policy Debt, which is equal to the Loan Account plus any accrued Loan Interest Charge. If a payment reduces the Policy Debt to zero, then any accrued Loan Interest Credit will be added to the Accumulated Value and then set equal to zero.

**Loan Interest Charge –** The Loan Interest Charge will accrue daily using a 365-day year and will be due on each Policy anniversary. The daily accrual is equal to the Loan Account multiplied by the Annual Loan Interest Charge Rate divided by 365. The Maximum Annual Loan Interest Charge Rate is shown in the Policy Specifications. We reserve the right to use a rate that is lower than the maximum shown. Any lower rate will apply uniformly to all members of the same Class.

If the Policy terminates before a Policy anniversary, the Loan Interest Charge will be due at such time.

**Loan Interest Credit –**The Loan Interest Credit will accrue daily using a 365-day year and will be credited to the Accumulated Value. The daily accrual is equal to the Loan Account multiplied by the Annual Loan Account Interest Credit Rate divided by 365. The Minimum Annual Loan Interest Credit Rate is shown in the Policy Specifications. We reserve the right to use a rate that is higher than the minimum shown. Any higher rate will apply uniformly to all members of the same Class.

**Loan Interest Processing –** On each Policy anniversary, the Loan Interest Charge is due. Any portion of the Loan Interest Charge that has not been paid when due will be deducted from the Accumulated Value and added to the Loan Account and additional Loan Interest Charges will accrue on this compound amount, if the Policy continues to be In Force. At the same time, the Loan Interest Credit will be added to the Accumulated Value as an Account Addition.

The Loan Interest Charge and Loan Interest Credit will be set equal to zero on each Policy anniversary after Loan Interest Processing has been completed.

ICC25 P25VIUL <br> Page [18]

**SEPARATE ACCOUNT PROVISIONS**

**Separate Account –** We established the Separate Account and maintain it under the laws and regulations of our state of domicile. The assets of the Separate Account shall be valued at least as often as any Policy benefits vary, but at least monthly. The Separate Account is divided into subaccounts, called Variable Accounts. Income and realized and unrealized gains and losses from the assets of each Variable Account are credited or charged against it without regard to our other income, gains or losses. Assets may be placed in the Separate Account to support this Policy and other variable life policies. Assets may be placed in the Separate Account for other purposes, but not to support contracts or policies other than variable life contracts or policies.

The assets of the Separate Account are our property. The portion of its assets equal to the reserves and other Policy liabilities with respect to the Separate Account will not be chargeable with liabilities arising out of any other business we conduct. We may transfer assets of a Variable Account in excess of the reserves and other liabilities with respect to that Variable Account to another Variable Account or to the General Account. All obligations arising under the Policy are general corporate obligations. We do not hold ourselves out to be trustees of the Separate Account assets. We may establish additional Separate Accounts in our discretion.

**Variable Account(s) –** Each Variable Account may invest its assets in a separate class of shares of a designated investment company or companies. The Variable Accounts of the Separate Account that were available for the initial allocations are shown in the Application for this Policy. From time to time, other Variable Accounts may be made available. Written notice of all material details including investment objectives and all charges will be provided to you.

We reserve the right, subject to compliance with the law then in effect, to:

&nbsp;&nbsp;&nbsp;&nbsp;· Change or add designated investment companies;

&nbsp;&nbsp;&nbsp;&nbsp;· Add, remove or combine Variable Accounts;

&nbsp;&nbsp;&nbsp;&nbsp;· Add, delete or make substitutions for the securities that are held or purchased by the Separate Account
or any Variable Account;

&nbsp;&nbsp;&nbsp;&nbsp;· Register or deregister any Variable Account under the Investment Company Act of 1940;

&nbsp;&nbsp;&nbsp;&nbsp;· Change the classification of any Variable Account;

&nbsp;&nbsp;&nbsp;&nbsp;· Operate any Variable Account as a managed investment company or as a unit investment trust;

&nbsp;&nbsp;&nbsp;&nbsp;· Combine the assets of any Variable Account with other separate accounts or subaccounts of ours or our
affiliates;

&nbsp;&nbsp;&nbsp;&nbsp;· Transfer the assets of any Variable Account to other separate accounts or subaccounts of ours or our affiliates;

&nbsp;&nbsp;&nbsp;&nbsp;· Run any Variable Account under the direction of a committee, board, or other group;

&nbsp;&nbsp;&nbsp;&nbsp;· Restrict or eliminate any voting rights of Policy Owners with respect to any Variable Account, or other
persons who have voting rights as to any Variable Account;

&nbsp;&nbsp;&nbsp;&nbsp;· Change the allocations permitted under the Policy;

&nbsp;&nbsp;&nbsp;&nbsp;· Terminate and liquidate any Variable Account; and

&nbsp;&nbsp;&nbsp;&nbsp;· Make any other change needed to comply with law.

If any of these changes result in a material change in the underlying investment of a Variable Account of our Separate Account, we will notify you of such change.

Unless required by law or regulation, an investment policy may not be changed without our consent. We will not change the investment policy of the Separate Account without the approval of the Insurance Commissioner of our state of domicile. The process for such approval is on file.

**OWNER AND BENEFICIARY**

**Owner –** The Owner of this Policy is as shown in the Policy Specifications or as later changed by Written Request. If the Owner is changed by Written Request, the change is effective on the date the Written Request is signed, unless otherwise specified by the Owner, subject to our receipt of it and subject to any action taken or payment made by us

ICC25 P25VIUL <br> Page [19]

prior to its receipt. If there are two or more Owners, they will own this contract as joint tenants with right of survivorship, unless otherwise provided by Written Request. Consult with a qualified legal and tax advisor(s) before requesting a change of Owner.

**Beneficiary –** You name the primary Beneficiary to receive the Death Benefit Proceeds in the Application. You may name one or more primary Beneficiaries. If more than one primary Beneficiary is named, they will share the Death Benefit Proceeds equally or as otherwise specified In Writing. You may also name one or more contingent Beneficiaries. If the Insured outlives all named primary Beneficiaries, Death Benefit Proceeds will pass equally, or as otherwise specified In Writing, to all surviving contingent Beneficiaries. No Beneficiary may, on or after the Insured's death, assign, transfer or encumber any benefit payable. To the extent allowed by law, Policy benefits will not be subject to the claims of any creditor of any Beneficiary.

The interest of a primary Beneficiary who does not survive the Insured will be divided equally, or as the Owner may have otherwise specified In Writing, among the surviving primary Beneficiaries. If no primary Beneficiaries survive the Insured, the interest will pass to a contingent Beneficiary or will be divided equally, or as the Owner may have otherwise specified In Writing, among the contingent Beneficiaries if more than one is named. If no Beneficiaries survive the Insured, then the Death Benefit Proceeds will pass to the Owner or, if the Owner is a non-natural person, the Death Benefit Proceeds will pass to the Insured's estate. If the Owner does not survive the Insured, the Death Benefit Proceeds will pass to the Owner's estate or to the Insured's estate if the Owner is a non-natural person. In the event of a simultaneous death of the Insured and a Beneficiary such that it cannot be determined who died first, it will be assumed, unless proof to the contrary is provided, that the Beneficiary died first.

**GENERAL PROVISIONS**

**Entire Contract –** This Policy is a contract between you and us. This Policy, Policy Specifications, the attached copy of the initial Application, including any supplements, amendments and endorsements to the Application, any Supplemental Schedules of Coverage, any Applications for Reinstatement, all subsequent Applications to change the Policy including change in smoking status, Risk Class, any endorsements, benefits, or riders, and all additional Policy information sections added to this Policy are the Entire Contract. Only our President, Chief Executive Officer or Secretary is authorized to change this contract or extend the time for paying premiums. Any such change must be In Writing.

All statements in the Application, in the absence of fraud, will be deemed representations and not warranties. We will not use any statement to contest this Policy or defend a claim on grounds of misrepresentation unless the statement is in an Application.

**Incontestability –** We will not contest this Policy unless there was a material misrepresentation in the Application or, when permitted by applicable state law, where the Policy was procured through fraud. If it is determined that the Application contains a material misrepresentation, the Policy will be rescinded and the premiums paid less any Policy loans, any withdrawals taken and any benefits paid under the Policy or the Riders attached to the Policy will be returned to you. No Death Benefit will be paid. After the Policy has been In Force for two years during the Insured's lifetime, this Policy cannot be contested except for failure to pay required premiums or if the Policy was procured by fraud.

ICC25 P25VIUL <br> Page [20]

If this Policy lapses and is later reinstated, we will not contest the reinstated Policy except for the following reasons:

&nbsp;&nbsp;&nbsp;&nbsp;· There was a material misrepresentation in the Application required for reinstatement; or

&nbsp;&nbsp;&nbsp;&nbsp;· When permitted by applicable state law, where the Policy was procured through fraud; or

&nbsp;&nbsp;&nbsp;&nbsp;· For failure to pay required premiums.

If we determine that such Application contains a material misrepresentation or in the case of fraud, the reinstated Policy will be rescinded as of the reinstatement date and the premiums paid after the reinstatement date less any Policy loans, any withdrawals taken and any benefits paid under the Policy or the Riders attached to the Policy after the reinstatement date will be returned. No Death Benefit will be paid. After the reinstated Policy has been In Force for two years during the Insured's lifetime, this Policy cannot be contested except for failure to pay required premiums or if the Policy was procured by fraud.

If there has been a change to the Policy for which we required the Insured to submit Evidence of Insurability, we will not contest such a change except for the following reasons:

&nbsp;&nbsp;&nbsp;&nbsp;· There was a material misrepresentation in the Application required for the change; or

&nbsp;&nbsp;&nbsp;&nbsp;· When permitted by applicable state law, where the change was procured through fraud; or

&nbsp;&nbsp;&nbsp;&nbsp;· For failure to pay required premiums.

If we determine that such Application contains a material misrepresentation, the Policy change will be rescinded, and all Policy Charges made after the change will be reversed and corrected charges applied so that the Policy's Accumulated Value will be unaffected by the change. Any Death Benefits or other benefits that become payable will be determined as though the Policy change had never been requested. After the changed Policy has been In Force for two years during the Insured's lifetime, we will not contest any such change except for failure to pay required premiums or if the change was procured by fraud.

**Non-Participating –** This Policy will not share in any of our surplus earnings.

**Suicide Exclusion –** If the Insured dies by suicide, while sane or insane, within the Suicide Exclusion Period shown in the Policy Specifications, the Death Benefit Proceeds will be limited to an amount equal to the sum of the premiums paid, less any benefits paid under this Policy or the riders attached to this Policy and less the sum of any Policy loans and withdrawals. If this Policy has been reinstated and the Insured dies by suicide, while sane or insane, within the Suicide Exclusion Period from the latest reinstatement date, the Death Benefit Proceeds will be limited to an amount equal to the sum of the premiums paid less any benefits paid under this Policy or the riders attached to this Policy and less the sum of any Policy loans and withdrawals taken since such date.

If the Insured dies by suicide, while sane or insane, after the Suicide Exclusion Period from the Policy Date but within the Suicide Exclusion Period after the effective date of any increase in the Total Face Amount or if applicable, the latest reinstatement date, the Death Benefit Proceeds will be limited by all of the following adjustments:

&nbsp;&nbsp;&nbsp;&nbsp;1. Any such increase in Total Face Amount will be excluded;

&nbsp;&nbsp;&nbsp;&nbsp;2. Refund of the portion of Monthly Deductions associated with any such increase will be included; and

&nbsp;&nbsp;&nbsp;&nbsp;3. Premium Load associated with the portion of Monthly Deductions referred to in 2) above will be included.

**Misstatement –** There will be a Policy adjustment if there is a misstatement on the Application of the Insured's:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Birth date; and/or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Sex. Sex does not apply to Policies issued as unisex; see the Policy Specifications to determine if this
Policy was issued as unisex.

If the misstatement is discovered on or after the death of the Insured, the Death Benefit shall be the Minimum Death Benefit that would have been purchased for the correct sex and birth date of the Insured based on the most recent Cost of Insurance Charges, or if greater, a Death Benefit based on a Net Amount at Risk adjusted by the ratio of the incorrect Cost of Insurance Rate to the correct Cost of Insurance Rate. The adjusted Net Amount at Risk will result in an adjusted Death Benefit, given that the Death Benefit depends on the Net Amount at Risk.

ICC25 P25VIUL <br> Page [21]

If the misstatement is discovered before the death of the Insured, we will not recalculate the Accumulated Value, but we will use the correct sex and birth date of the Insured in calculating future Monthly Deductions.

**Maturity –** This Policy does not mature but will continue In Force so long as the Insured is alive, the Policy has not been surrendered, and lapse has not occurred.

**Monthly Deduction End Date –** Provided the Policy is still In Force, coverage will continue on and after the Monthly Deduction End Date, subject to all Policy provisions, with all of the following exceptions and clarifications:

&nbsp;&nbsp;&nbsp;&nbsp;· Monthly Deductions will cease, except for any charge that specifically states that it will continue beyond
the Monthly Deduction End Date;

&nbsp;&nbsp;&nbsp;&nbsp;· Premiums will not be accepted, except amounts required to keep the Policy In Force;

&nbsp;&nbsp;&nbsp;&nbsp;· Policy loans will be allowed;

&nbsp;&nbsp;&nbsp;&nbsp;· Loan Repayments will be permitted;

&nbsp;&nbsp;&nbsp;&nbsp;· Loan Interest Charges and Loan Interest Credits will continue to accrue; and

&nbsp;&nbsp;&nbsp;&nbsp;· Withdrawals will not be allowed.

**Timing of Payments –** We may defer payments of any Net Cash Surrender Value, withdrawal or loan (except for loans to pay a premium on any policy issued by us) for up to 6 months after your request is received. If any such payment is deferred for more than 30 days after we receive your request, we will pay interest at least equal to the Guaranteed Interest Rate for the Fixed Account(s) shown in the Policy Specifications.

**Annual Report –** A report will be mailed to the Address on Record, or sent by other means where permitted, no less frequently than annually. This report will show all of the following:

&nbsp;&nbsp;&nbsp;&nbsp;· The beginning and end dates of the reporting period;

&nbsp;&nbsp;&nbsp;&nbsp;· The Accumulated Value at the beginning and end of the reporting period;

&nbsp;&nbsp;&nbsp;&nbsp;· Amounts that have modified the Accumulated Value by way of Account Additions and Account Deductions during
the reporting period, identified by type;

&nbsp;&nbsp;&nbsp;&nbsp;· The Death Benefit at the end of the reporting period on each life covered by the Policy;

&nbsp;&nbsp;&nbsp;&nbsp;· The Net Cash Surrender Value at the end of the reporting period;

&nbsp;&nbsp;&nbsp;&nbsp;· Any Policy Debt outstanding at the end of the reporting period;

&nbsp;&nbsp;&nbsp;&nbsp;· A notice if the Net Cash Surrender Value will not be sufficient to keep the Policy In Force until the
end of the next reporting period, unless further premium payments are made; and

&nbsp;&nbsp;&nbsp;&nbsp;· Any other information required by law.

In addition to the above report, an annual report containing financial statements for the Separate Account and the designated investment company or companies or other designated portfolio(s) in which the Separate Account invests will be sent to the Address on Record. The latter report will include a list of the portfolio securities of the investment company, or of any other designated portfolio, as required by the Investment Company Act of 1940. We will also send any other reports to the Address on Record as required by federal securities law.

**Policy Illustrations –** Upon request you will be given a hypothetical illustration of the future benefits under this Policy based upon both guaranteed and current cost factor assumptions. Such illustrations reflect assumptions about the Policy's non-guaranteed elements and about how the Policy's options will be used. Over time the Policy's actual non-guaranteed elements, and your actual use of the Policy's options, are likely to vary from the assumptions used in such illustrations. In addition, the order in which requested transactions are processed may vary between the illustration provided and policy administration. For these reasons, actual Policy values will likely be more or less favorable than shown in such illustrations. We reserve the right to charge a fee not to exceed the amount shown in the Illustration Conditions section of the Policy Specifications for each illustration in excess of one per Policy year.

**Juvenile Insured –** This provision only applies if Juvenile Insured Conditions are shown in the Policy Specifications. You will have an opportunity to request a change to this Policy's Risk Class as compared with the Risk Class that was applied for prior to the Post -Juvenile Insured Age, beginning when the Insured attains the Post-Juvenile Insured Age. This may reduce the actual Cost of Insurance Charge that is deducted from this Policy's Accumulated Value. At least

ICC25 P25VIUL <br> Page [22]

60 days prior to the Insured becoming their Post-Juvenile Insured Age, a notice of your right to change to a different Risk Class for the Insured will be sent to the Address on Record. This notice will include the Post-Juvenile Risk Class that will be assigned if you do not choose to apply for a change. Satisfactory Evidence of Insurability must be supplied to qualify for a change in Risk Class. Said Risk Class, if approved by us, will take effect at the Post-Juvenile Insured Age, provided the Written Request is made prior to the Post- Juvenile Insured Age. If a change in Risk Class for the Insured is not requested, the Post-Juvenile Risk Class shown in the Policy Specifications, if any, will be assigned.

**Basis of Values –** The cash values and nonforfeiture values for this Policy are not less than the minimum values and benefits required by the Uniform Standards and Operating Procedures adopted by the Interstate Insurance Product Regulation Commission. A detailed statement showing how such values are determined has been filed with the Interstate Insurance Product Regulation Commission. To calculate the minimum required nonforfeiture values, we use the Guaranteed Interest Rate for the Fixed Account(s) or if higher, the rate required by the Interstate Insurance Product Regulation Commission, and mortality rates from the Basis of Value Mortality Table shown in the Policy Specifications, are used. Cash values available under the Policy are not less than the minimum values and benefits required by or pursuant to the NAIC Variable Life Insurance Regulation, model #270.

**Ownership of Assets –** We have the exclusive and absolute control of our assets, including all assets in the Separate or Variable Accounts.

**Tax Qualification as Life Insurance –** This Policy is intended to qualify as a life insurance contract for federal tax purposes, and the Death Benefit under this Policy is intended to qualify for federal income tax exclusion. The provisions of this Policy, including any rider, benefit or endorsement that does not specifically override this tax qualification provision, shall be interpreted to ensure and maintain such tax qualification, despite any other provision to the contrary. At no time shall the amount of Death Benefit under this Policy ever be less than the minimum amount needed to ensure or maintain such tax qualification. If necessary, the Death Benefit shall be increased retroactively and prospectively to the minimum extent necessary to accomplish that purpose. In addition, the Accumulated Value will be reduced to reflect the increased Monthly Deductions that result from such Death Benefit increase(s), starting on the date that each increase is effective. We reserve the right to amend this Policy from time to time to reflect any clarifications that may be needed or are appropriate to maintain such tax qualification or to conform the Policy provisions to any applicable changes in such tax qualification requirements, as provided in the Code or any published Internal Revenue Service ("IRS") guidance relating thereto, without consent (where allowed by law). We will send a copy of such amendment to the Address on Record. **As of the effective date of the filing of this Policy in the state in which it was issued for delivery, the IRS has not published final guidance on all aspects of the tax treatment of life insurance policies that continue coverage beyond Age 100. You should consult with a qualified tax advisor, as there may be tax consequences.**

We will not accept a premium payment that would cause the Policy to fail to qualify as a life insurance contract for federal tax purposes. If at any time the premiums paid under the Policy exceed the amount allowable for such tax qualification, the excess amount, including any interest as determined under federal tax law, shall be removed from the Policy as of the date of its payment, and any appropriate adjustments in the Death Benefit and/or Accumulated Value shall be made as of such date. This excess amount, including such interest, shall be refunded no later than 60 days after the end of the applicable contract year, as determined under federal tax law.

If this excess amount is not refunded by the end of such 60-day period, the Death Benefit shall be increased retroactively and prospectively to the minimum extent necessary so that at no time is the Death Benefit ever less than the minimum amount necessary to ensure or maintain such tax qualification. In addition, the Accumulated Value will be reduced to reflect any increased Monthly Deductions that result from such Death Benefit increase, starting on the date that the increase is effective.

If you request a decrease in Policy or rider benefits, it may cause a reduction in any applicable tax limits on premiums or cash values for the Policy to maintain such tax qualification. Such a reduction in these limits may require us to make one or more distributions from the Policy equal to the greatest amount by which the premiums paid or cash values for the Policy, exceed any such reduced limits, as determined under federal tax law, in order to maintain the Policy's tax qualification. If such a distribution is made, the distribution will be paid to you and the Accumulated Value will be reduced by the amount of the distribution. However, no request for a decrease in Policy or rider benefits will be

ICC25 P25VIUL <br> Page [23]

allowed to the extent that we determine that the resulting reduction in such tax limits would require us to distribute more than the Net Cash Surrender Value for the Policy.

**Modified Endowment Contract Tax Status –** Unless and until you have given us a request to accept a Modified Endowment Contract ("MEC") classification for this Policy In Writing, the provisions of this Modified Endowment Contract Tax Status subsection apply to this Policy.

Under federal tax law, if the funding of a life insurance contract occurs too rapidly, it becomes a MEC and fails to qualify for certain favorable tax treatment as a result. This Policy is intended to qualify as a life insurance contract that is not a MEC for federal tax purposes. To achieve these purposes, the provisions of this Policy (including any rider or endorsement that does not specifically override this tax qualification provision) shall be interpreted to prevent this Policy from being subject to such MEC treatment, despite any other provision to the contrary. If and while the provisions of this subsection apply to this Policy, the amount of death benefit under this Policy shall never be less than the minimum amount needed to avoid such MEC treatment. We reserve the right to amend this Policy from time to time to reflect any clarifications that may be needed or are appropriate to maintain such tax qualification for non-MEC treatment or to conform the Policy provisions to any applicable changes in such tax qualification requirements, as provided in the Code or any published IRS guidance relating thereto, without consent (where allowed by law). We will send a copy of such amendment to the Address on Record, or by other means where permitted.

We will not accept a payment as premium or otherwise which would cause the Policy to become a MEC. The initial 7-Pay Premium, shown in the Policy Specifications, is used solely to determine the Policy's premium limits to avoid MEC treatment. Payment of one or more 7-Pay Premium amounts does not guarantee that the Policy will never lapse, and additional premiums may be necessary to prevent the Policy from lapsing in the future.

If at any time the amounts paid under the Policy exceed the limit for avoiding such MEC treatment, this excess amount, including any interest as determined under federal tax law, shall be removed from the Policy as of the date of its payment, and any appropriate adjustment in the Death Benefit and/or Accumulated Value shall be made as of such date. This excess amount, including any interest, shall be refunded no later than 60 days after the end of the applicable contract year, as determined under federal tax law.

If this excess amount is not refunded by the end of such 60-day period, the Death Benefit shall be increased retroactively and prospectively to the minimum extent necessary (e.g., to the end of any MEC 7-year test period) so that at no time is the Death Benefit ever less than the minimum amount necessary to avoid Modified Endowment Contract classification. In addition, the Accumulated Value will be reduced to reflect any increased Monthly Deductions resulting from such Death Benefit increase, starting on the date that the increase is effective.

Any request that would change the Death Benefit or any other benefit or rider under the Policy will not be processed if the change would cause the Policy to be classified as a Modified Endowment Contract. Requested changes that could cause the Policy to be classified as a Modified Endowment Contract include, but are not limited to, an elective reduction in the Total Face Amount, a Death Benefit Option change that would cause a reduction in the Total Face Amount, and a withdrawal that would cause a reduction in the Total Face Amount.

**Other Distributions of Accumulated Value –** We reserve the right to make a distribution of Accumulated Value to make the Net Amount at Risk equal three times the original Total Face Amount if the Net Amount at Risk ever exceeds three times the original Total Face Amount. In such case, the distribution will be treated as a premium refund. Note that while such a distribution will be treated as a premium refund for certain contract purposes, normal tax rules will apply in determining the amount of such a distribution, if any, which is taxable.

We may offer a program through which periodic distributions of Policy values are made. Any such program, if offered, will be shown in the Policy Specifications.

**Change of Risk Class –** You may request a change to the Policy's Risk Class In Writing. We may require Evidence of Insurability to evaluate your request. If the change in Risk Class is approved, only the Cost of Insurance Charges deducted from your Accumulated Value thereafter are affected. No other Policy Charges will be affected.

ICC25 P25VIUL <br> Page [24]

**Additional Services –** While this Policy is In Force, we may, either directly or through a third-party service provider, provide you with access to independent living-related resources and independent living-related goods and services, health and wellness-related goods and services, and/or longevity-related goods and services.

**Right to Add Benefits –** From time-to-time additional benefits that could be available to your Policy by rider or endorsement, may be offered. Such additional benefit(s), must be requested In Writing. You or the proposed Insured may be subject to new underwriting for any additional benefit requested. If an additional benefit requested is issued pursuant to this paragraph, a Supplemental Schedule of Coverage will be mailed to the Address on Record or sent by other means where permitted.

**Clerical or Administrative Error –** A clerical or administrative error is an error that does not reduce or eliminate your benefits or coverage or impair or invalidate any right granted to you in this Contract. You will be notified of an Error upon its discovery, and we will promptly make appropriate adjustments.

**Effect of Additional Benefits on Policy Provisions –** Your Policy may include additional benefits that were added by rider or endorsement. These rider and endorsement forms may include provisions that replace or amend provisions in this contract. **Please read this Policy and all other forms carefully and contact legal and tax advisors for additional information or advice.**

**Compliance –** We reserve the right to make any change to the provisions of this Policy to comply with, or give you the benefit of, any federal or state statute, rule, or regulation, including but not limited to requirements for life insurance contracts under the Code or of any state. We will provide you with a copy of any such change, and file such a change with the insurance supervisory official of the state in which this Policy is issued for delivery. You have the right to refuse any such change where allowed by state law.

**Conformity with Interstate Insurance Product Regulation Commission ("IIPRC") Standards –** This Policy was approved under the authority of the IIPRC and issued under the IIPRC standards. If there is any policy provision that conflicts with any IIPRC standards in effect as of the date this Policy is approved by the IIPRC, then that provision is amended to conform to the applicable IIPRC standard in effect on the date of such approval.

ICC25 P25VIUL <br> Page [25]

**INDEX**

---

| | |
|:---|:---|
| Subject | Page |
| Accounts | 5 |
| Accumulated Value | 5, 13 |
| Administrative Charge | 18 |
| Administrative Office | 5 |
| Age | 5 |
| Annual Report | 26 |
| Application | 5 |
| Assignment | 24 |
| Basic Face Amount | 5 |
| Basic Life Coverage | 5 |
| Basis of Values | 27 |
| Beneficiary | 24 |
| Cash Surrender Value | 20 |
| Change of Death Benefit Option | 9 |
| Change of Risk Class | 28 |
| Class | 6 |
| Closing Value | 6 |
| Code | 6 |
| Compliance | 29 |
| Conformity with IIPRC Standards | 29 |
| Cost of Insurance Charge | 18 |
| Cost of Insurance Rates | 18 |
| Coverage Charge | 18 |
| Coverage Layer Date | 6 |
| Coverage Layers | 6 |
| Cut-Off Date | 17 |
| Death Benefit | 8 |
| Death Benefit Option | 8 |
| Death Benefit Proceeds | 9 |
| Death Benefit Qualification Test | 5, 6, 9 |
| Entire Contract | 24 |
| Evidence of Insurability | 6 |
| Face Amount | 6 |
| Face Amount Decrease | 10 |
| Face Amount Increase | 10 |
| Fixed Account Value | 13 |
| General Account | 6 |
| Grace Period | 19 |
| Guideline Premium Limit | 12 |
| In Force | 6 |
| Insured | 6 |
| Juvenile Insured | 26 |
| Lapse | 19 |
| Loan Account | 21 |
| Loan Amount Available | 22 |
| Lockout Period | 17 |
| Maturity | 26 |
| Misstatement | 25 |
| Modified Endowment Contract | 12, 27 |
| Monthly Deduction | 17 |

---

---

| | |
|:---|:---|
| Subject | Page |
| Monthly Deduction End Date | 7, 18, 26 |
| Monthly Payment Date | 7 |
| Net Amount at Risk | 7 |
| Net Asset Value | 14 |
| Net Cash Surrender Value | 20 |
| Net Investment Factor | 14 |
| Net Premium | 7 |
| Non-Participating | 25 |
| Notification of Termination for Non-Payment | 19 |
| Owner | 23 |
| Planned Premium | 11 |
| Policy Change Limit | 11 |
| Policy Charges | 17, 18 |
| Policy Date | 7 |
| Policy Debt | 7 |
| Policy Illustrations | 26 |
| Policy Loans | 21 |
| Policy Specifications | 7 |
| Premium Limitation | 11 |
| Premium Load | 11 |
| Premium Processing | 11 |
| Premiums | 11 |
| Reinstatement | 19 |
| Rider Charges | 18 |
| Right to Add Benefits | 28 |
| Risk Class | 7 |
| Segment Deductions | 15 |
| Segment Guaranteed Interest | 15 |
| Segment Indexed Interest | 15 |
| Segment Maturity Value | 15 |
| Segment Start Dates | 15 |
| Segment Term | 15 |
| Segment Value | 15 |
| Separate Account | 7, 23 |
| Substitution of Indexes | 15 |
| Suicide Exclusion | 25 |
| Supplemental Schedule of Coverage | 7 |
| Surrender | 20 |
| Tax Qualification as Life Insurance | 27 |
| Timing of Payments | 26 |
| Total Face Amount | 7 |
| Transfers | 16 |
| Unit Value | 14 |
| Valuation Day | 8 |
| Valuation Period | 8 |
| Variable Account | 6, 8, 23 |
| Variable Account Value | 13 |
| Withdrawal | 20 |
| Written Request | 8 |

---

ICC25 P25VIUL <br> Page [26]

![](tm2514633d2_ex99-diimg01.jpg)

**Pacific Life Insurance Company · [700 Newport Center Drive · Newport Beach, CA 92660]**

---

| | |
|:---|:---|
| <u>**<u>www.PacificLife.com</u>**</u> | **(800) 347-7787]** |

---

FLEXIBLE PREMIUM VARIABLE UNIVERSAL LIFE INSURANCE WITH INDEXED FIXED OPTION(S)

· **Death Benefit Payable On The Death Of The Insured** 

· **Net Cash Surrender Value Payable Upon Surrender** 

· **Benefits May Vary Based On Investment Experience** 

· **Adjustable Face Amount** 

· **Non-Participating** 

ICC25 P25VIUL [Admiral VUL 2]

## Ex-99.(D)(I)(A)

**Exhibit** **99.(d)(i)(a)**

POLICY NUMBER: [VP99999990]

POLICY SPECIFICATIONS

---

| | |
|:---|:---|
| Base Policy: | &nbsp;&nbsp;&nbsp;&nbsp;Flexible Premium Variable Universal Life Insurance with Indexed Account(s) |
| Policy Date: | &nbsp;&nbsp;&nbsp;&nbsp;[December 1, 2025] |
| Insured: | &nbsp;&nbsp;&nbsp;&nbsp;[JOHN DOE] |
| Owner: | &nbsp;&nbsp;&nbsp;&nbsp;[JOHN DOE] |
| [State Department of Insurance: | &nbsp;&nbsp;&nbsp;&nbsp;(XXX) XXX-XXXX] |

---

**Premiums**

---

| | |
|:---|:---|
| Planned Premium: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$[2,747.25] |
| Planned Premium Frequency: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Annual] |
| 7-Pay Premium: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$[6,264.31] |
| [Guideline Single Premium: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$[44,476.16]] |
| [Guideline Level Premium: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$[2,661.62]] |
| Premium Band: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$[1,273.00] |
| Minimum Premium Payment:\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$[50.00] |

---

\*Unless a lower premium payment is required to keep the Policy In Force.

**Premium Type**

---

| | |
|:---|:---|
| Basic Premium: | &nbsp;&nbsp;&nbsp;&nbsp;This is equal to all premium paid in a policy year, except for any Internal Premium. |
| Surplus Premium: | &nbsp;&nbsp;&nbsp;&nbsp;This is equal to Basic Premium paid in a policy year, that exceeds the Premium Band. |
| Internal Premium: | &nbsp;&nbsp;&nbsp;&nbsp;This is equal to any premium that is received from a replacement or a conversion of an existing Pacific Life policy. |

---

**Premium Load Rate**

---

| | |
|:---|:---|
| Maximum Basic Premium Load Rate: | &nbsp;&nbsp;&nbsp;&nbsp;[6.90]% |
| Maximum Surplus Premium Load Rate: | &nbsp;&nbsp;&nbsp;&nbsp;[20.00]% |
| Maximum Internal Premium Load Rate: | &nbsp;&nbsp;&nbsp;&nbsp;[6.90]% |

---

**Face Amount Adjustments**

---

| | |
|:---|:---|
| Initial Date of Decrease: | &nbsp;&nbsp;&nbsp;&nbsp;[1<sup>st</sup>] Policy Anniversary |
| Maximum Fee per Evaluation of Insurability: | &nbsp;&nbsp;&nbsp;&nbsp;$[100.00] |
| Minimum Basic Face Amount | &nbsp;&nbsp;&nbsp;&nbsp;$[1,000.00] |
| Following Requested Decrease: |  |

---

**Withdrawal Conditions**

---

| | |
|:---|:---|
| Initial Date of Withdrawal: | &nbsp;&nbsp;&nbsp;&nbsp;[1<sup>st</sup>] Policy Anniversary |
| Maximum Fee for Each | &nbsp;&nbsp;&nbsp;&nbsp;$[25.00] |
| Withdrawal: |  |

---

ICC25 S25ADM2 Page [1]

POLICY NUMBER: [VP99999990]

POLICY SPECIFICATIONS

---

| | |
|:---|:---|
| Minimum Amount of Each Withdrawal: | &nbsp;&nbsp;&nbsp;&nbsp;$[200.00] |
| Minimum Net Cash Surrender Value After Withdrawal: | &nbsp;&nbsp;&nbsp;&nbsp;$[500.00] |
| Minimum Basic Face Amount After Withdrawal: | &nbsp;&nbsp;&nbsp;&nbsp;$[1,000.00] |

---

**Monthly Deduction Factors**

---

| | |
|:---|:---|
| Monthly Deduction End Date: | &nbsp;&nbsp;&nbsp;&nbsp;[December 1, 2111] |
| Administrative Charge Per Month: | &nbsp;&nbsp;&nbsp;&nbsp;$[10.00] |
| Maximum Monthly Asset Charge Rate: | &nbsp;&nbsp;&nbsp;&nbsp;[0.03% (equivalent to 0.36% annually)] |

---

**Accounts**

---

| | |
|:---|:---|
| Account Addition Method: | &nbsp;&nbsp;&nbsp;&nbsp;[Account Additions will be added to the Accounts according to the Allocation Instructions on file; however, we reserve the right to allocate Additional Credits, if any, to the Accounts at our discretion. If we exercise this right, it will be applied uniformly for all members of the same Class.] |
| Account Addition Factors: | &nbsp;&nbsp;&nbsp;&nbsp;Premium payments; and <br> Loan Repayments[; and <br> Any Additional Credits][; and <br> Monthly Deductions, including any allocation of those charges, or other policy credits (excluding any interest credits other than Loan Interest Credits) that increase the Accumulated Value under the policy][; and Credits under certain riders, if any, which increase the Accumulated Value under the policy.] |
| Account Deduction Method: | &nbsp;&nbsp;&nbsp;&nbsp;[Account Deductions will be taken proportionately from the Fixed Account Value and the Variable Account Value until each have been reduced to zero. Any remaining Account Deductions will be taken proportionate to each Segment Value across all segments in the Indexed Accounts.] |
| Account Deduction Factors: | &nbsp;&nbsp;&nbsp;&nbsp;Monthly Deductions that reduce the Accumulated Value under the policy; and<br> Any Withdrawal from the policy, including any Withdrawal Fee; and Policy loans; and <br> Any distribution in order to maintain tax qualification under Code Section 7702 (see Tax Qualification as Life Insurance) or to maintain the policy as a non-MEC under Code Section 7702A (see Modified Endowment Contract Tax Status)[; and <br> Payments, charges and fees under certain riders, if any][; and <br> Any charge, fee, or distribution that reduces the policy's Accumulated Value.] |
| Segment Start Date\*: | &nbsp;&nbsp;&nbsp;&nbsp;The [15<sup>th</sup>] day of each calendar month following the Free Look Transfer Date<br> \*We reserve the right to change or suspend the Segment Start Date, but the Segment Start Date will not occur less frequently than [once per calendar quarter.] |
| Cut-Off Date: | &nbsp;&nbsp;&nbsp;&nbsp;[[4:00] p.m. Eastern time] on the Cut-Off Date, which is [two] Business Days prior to the Segment Start Date. |

---

ICC25 S25ADM2 Page [2]

POLICY NUMBER: [VP99999990]

POLICY SPECIFICATIONS

Designated Fixed Account: [Fixed Account 1] <br>Separate Account: Pacific Select Exec Separate Account

**Additional Credit**

At our discretion, on a non-guaranteed basis, we may credit the Accumulated Value with an Additional Credit. The Additional Credit, if any, may vary depending on a number of factors, including the Policy's Net Accumulated Value, the amounts and types of Coverage Layers, and an additional credit factor. The additional credit factor will be calculated by us in our sole and exclusive discretion and will apply uniformly to all members of the same Class.

The Additional Credit and additional credit factor may be zero. Once credited, any Additional Credit is nonforfeitable except indirectly due to any Surrender Charge.

**Standard Loan Account Value**

---

| | |
|:---|:---|
| Minimum Loan Amount: | &nbsp;&nbsp;&nbsp;&nbsp;$[200.00] |
| Minimum Annual Loan Interest Credit Rate: | &nbsp;&nbsp;&nbsp;&nbsp;[2.00]% |
| Maximum Annual Loan Interest Charge Rate: | &nbsp;&nbsp;&nbsp;&nbsp;[2.25]% |

---

**Basis of Values**

---

| | |
|:---|:---|
| Guaranteed Interest Rate for the Fixed Account(s): | &nbsp;&nbsp;&nbsp;&nbsp;[Fixed Account 1]: [1.00]% Annually. Any excess interest declared by us will be guaranteed for one year. |
| Basis of Value Mortality Table: | &nbsp;&nbsp;&nbsp;&nbsp;2017 CSO Mortality Tables adopted by the NAIC on April 6, 2016, ultimate only, age nearest birthday, composite (not smoker distinct), sex distinct with 80% male and 20% female blend for unisex, capped at 0.083333 per month. |

---

**Transfers and Allocations**

---

| | |
|:---|:---|
| Free Look Transfer Date: | &nbsp;&nbsp;&nbsp;&nbsp;[[15] days after the first day the Policy is In Force.] <br> [The first day the Policy is In Force.] |
| Total Number of Transfers Permitted Per Calendar Year: | &nbsp;&nbsp;&nbsp;&nbsp;25 |
| Minimum Transfer Amount: | &nbsp;&nbsp;&nbsp;&nbsp;$500 |
| Remaining Balance Amount: | &nbsp;&nbsp;&nbsp;&nbsp;$500 |
| Excess Transfer Charge: | &nbsp;&nbsp;&nbsp;&nbsp;$25 for each transfer exceeding [12] per policy year |
| [Allocations to the Fixed Account(s) Limitations: | &nbsp;&nbsp;&nbsp;&nbsp;Aggregate allocations to the Fixed Account(s) are limited during the most recent 12 months for all policies in which you have any ownership interest or to which payments are made by a single payor, to $1,000,000.] |
| [Allocations to the Indexed Account(s) Limitations: | &nbsp;&nbsp;&nbsp;&nbsp;We reserve the right to limit allocations and/or transfers to the Indexed Account(s) to no more than [75%] of your Policy's total Accumulated Value.] |

---

ICC25 S25ADM2 Page [3]

POLICY NUMBER: [VP99999990]

POLICY SPECIFICATIONS

**Reinstatement Conditions**

Reinstatement Period: 3 Years

**Suicide Exclusion**

Suicide Exclusion Period: [2 Years] from Policy Date

**[Juvenile Insured Conditions**

Post-Juvenile Insured Age: Age [18] <br> Post-Juvenile Risk Class: [Standard Tobacco]]

**Available Death Benefit Options**

---

| | |
|:---|:---|
| Option A: | &nbsp;&nbsp;&nbsp;&nbsp;When elected, the Death Benefit equals the Total Face Amount. When this Death Benefit Option is In Effect, taking a withdrawal may decrease the Total Face Amount as described in the Withdrawals provision of the Policy. |
| Option B: | &nbsp;&nbsp;&nbsp;&nbsp;When elected, the Death Benefit equals the Total Face Amount plus the Accumulated Value. When this Death Benefit Option is In Effect, taking a Withdrawal does not reduce the Total Face Amount, but rather, reduces the Accumulated Value, which has the effect of reducing the Death Benefit that would be payable. |
| Option C: | &nbsp;&nbsp;&nbsp;&nbsp;When elected, the Death Benefit equals the Total Face Amount plus the sum of the premiums paid minus the sum of any withdrawals taken and any other distribution that reduces the Accumulated Value, provided that such result is limited to the amount shown as the "Option C Death Benefit Limit". When this Death Benefit Option is In Effect, taking a withdrawal does not reduce the Total Face Amount, but rather increases the sum of the withdrawals, which has the effect of reducing the Death Benefit. For the purpose of Death Benefit Option C calculations, Accelerated Death Benefits are not considered distributions. Under this option, the Death Benefit may be less than the Total Face Amount. |

---

**Death Benefit Qualification Test**

Death Benefit Qualification Test in Effect: [Cash Value Accumulation Test (CVAT)]<br> [Guideline Premium Test]

**Death Benefit Elements** 

---

| | |
|:---|:---|
| Net Amount at Risk Factor: | &nbsp;&nbsp;&nbsp;&nbsp;[1.0008295] |
| Death Benefit Option in Effect: | &nbsp;&nbsp;&nbsp;&nbsp;[A] |
| [Option C Death Benefit Limit: | &nbsp;&nbsp;&nbsp;&nbsp;$[XX,XXX,XXX\*] <br> \*In the event that the Death Benefit Option is changed from Option C to Option A or B, the Option C Death Benefit Limit will no longer apply to this Policy.] |

---

ICC25 S25ADM2 Page [4]

POLICY NUMBER: [VP99999990]

POLICY SPECIFICATIONS

Permitted Death Benefit Option Change(s): The Death Benefit Option may be changed to Option A or B. Changes from either Option A or B to Option C are not permitted.

**Surrender Charge Calculation**

Surrender Charge Calculation: [The Surrender Charge will not exceed the Maximum Surrender Charge.]

**Illustration Conditions**

---

| | |
|:---|:---|
| Maximum Fee for Illustration Requests Per Policy Year: | &nbsp;&nbsp;&nbsp;&nbsp;$[25.00] |

---

[**Distribution Program**

---

| | |
|:---|:---|
| [Systematic Distribution Program: | &nbsp;&nbsp;&nbsp;&nbsp;This is a program of periodic distribution of Policy values that we designate as a Systematic Distribution Program. We reserve the right to discontinue such a program at any time. The program includes periodic distribution to you of a portion of the Policy's Accumulated Value through Policy loans and Withdrawals while the Insured is alive and the Policy is In Force. Before entering into any such program, consult with your Producer/Representative and your tax advisor as distributions may have tax ramifications.]] |

---

ICC25 S25ADM2 Page [5]

POLICY NUMBER: [VP99999990]

POLICY SPECIFICATIONS

**Summary Of Coverages Effective On The Policy Date**

---

| | | |
|:---|:---|:---|
| P25VIUL | Basic Life Coverage [(Guaranteed Issue)] | Basic Life Coverage [(Guaranteed Issue)] |
| S25ADM2 |  |  |
|  | Face Amount: | [$100,000] |
|  | Insured: | [JOHN DOE] |
|  | Sex and Age: | [Male 35] |
|  | Risk Class: | [Standard Non Tobacco] |

---

ICC25 S25ADM2 Page [6]

POLICY NUMBER: [VP99999990]

POLICY SPECIFICATIONS

**[Basic Life Coverage [(Guaranteed Issue)] [and Long Term Performance Rider] [(Guaranteed Issue)]<br> Table of Maximum Surrender Charges**

**for the initial Basic Life Coverage Layer [and the initial Rider Coverage Layer]**

Insured: [John Doe]

[Maximum Surrender Charges are reduced by 1/12 of the Reduction Factor on each Monthly Payment Date after the Coverage anniversary.]

---

| | | |
|:---|:---|:---|
| Beginning of | Maximum | Reduction |
| Coverage | Surrender | Factor |
| Year | Charge |  |
| [1 | $902.40 | $91.20 |
| 2 | 811.20 | 90.00 |
| 3 | 721.20 | 90.00 |
| 4 | 631.20 | 90.00 |
| 5 | 541.20 | 90.00 |
| 6 | 451.20 | 90.00 |
| 7 | 361.20 | 91.20 |
| 8 | 270.00 | 90.00 |
| 9 | 180.00 | 90.00 |
| 10 | 90.00 | 90.00 |
| 11+ | 0 | 0] |

---

[The Maximum Surrender Charges shown above include the Maximum Surrender Charges associated with the Long Term Performance Rider.]

Note: On a non-discriminatory basis, we may provide for a reduction of surrender charges on certain internal exchanges.]

ICC25 S25ADM2 Page [7]

POLICY NUMBER: [VP99999990]

POLICY SPECIFICATIONS

**Basic Life Coverage [(Guaranteed Issue)]**

**Table of Maximum Monthly Cost of Insurance (COI) Rates**

**for the initial Basic Life Coverage Layer**

Insured: [John Doe]

Maximum Monthly Cost of Insurance Rates Per $1000.00 of Net Amount at Risk applicable to this Coverage Layer.

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| Policy | COI | Policy | COI | Policy | COI |
| Year | Rate | Year | Rate | Year | Rate |
| [1 | 0.11420 | 30 | 0.80520 | 59 | 20.24350 |
| 2 | 0.12510 | 31 | 0.89100 | 60 | 21.89610 |
| 3 | 0.13510 | 32 | 0.98280 | 61 | 23.37870 |
| 4 | 0.14680 | 33 | 1.07970 | 62 | 25.34290 |
| 5 | 0.15850 | 34 | 1.18520 | 63 | 27.50320 |
| 6 | 0.17180 | 35 | 1.30350 | 64 | 29.93860 |
| 7 | 0.18440 | 36 | 1.44140 | 65 | 32.62170 |
| 8 | 0.19520 | 37 | 1.60490 | 66 | 35.52070 |
| 9 | 0.20020 | 38 | 1.79600 | 67 | 38.34190 |
| 10 | 0.20610 | 39 | 2.01720 | 68 | 41.25060 |
| 11 | 0.21190 | 40 | 2.26640 | 69 | 44.19530 |
| 12 | 0.21780 | 41 | 2.54020 | 70 | 47.11980 |
| 13 | 0.22280 | 42 | 2.83630 | 71 | 49.95900 |
| 14 | 0.22860 | 43 | 3.15590 | 72 | 52.64660 |
| 15 | 0.23450 | 44 | 3.50430 | 73 | 56.64960 |
| 16 | 0.24450 | 45 | 3.89660 | 74 | 61.08170 |
| 17 | 0.25790 | 46 | 4.34480 | 75 | 66.01940 |
| 18 | 0.27370 | 47 | 4.86390 | 76 | 71.55390 |
| 19 | 0.29210 | 48 | 5.43720 | 77 | 77.81150 |
| 20 | 0.31300 | 49 | 6.15320 | 78 | 83.33330 |
| 21 | 0.33810 | 50 | 6.98110 | 79 | 83.33330 |
| 22 | 0.36660 | 51 | 7.94390 | 80 | 83.33330 |
| 23 | 0.39920 | 52 | 9.06070 | 81 | 83.33330 |
| 24 | 0.43600 | 53 | 10.33800 | 82 | 83.33330 |
| 25 | 0.47960 | 54 | 11.78270 | 83 | 83.33330 |
| 26 | 0.52900 | 55 | 13.34950 | 84 | 83.33330 |
| 27 | 0.58690 | 56 | 15.02480 | 85 | 83.33330 |
| 28 | 0.65150 | 57 | 16.75710 | 86 | 83.33330 |
| 29 | 0.72450 | 58 | 18.50020 | &nbsp;&nbsp;&nbsp;&nbsp;87+ | 0] |

---

ICC25 S25ADM2 Page [8]

POLICY NUMBER: [VP999999990]

POLICY SPECIFICATIONS

**Basic Life Coverage [(Guaranteed Issue)]<br> Table of Maximum Monthly Coverage Charges<br> for the initial Basic Life Coverage Layer**

Insured: [John Doe]

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| Policy | Coverage | Policy | Coverage | Policy | Coverage |
| Year | Charge | Year | Charge | Year | Charge |
| [1 | $75.67 | 30 | $75.67 | 59 | $75.67 |
| 2 | $75.67 | 31 | $75.67 | 60 | $75.67 |
| 3 | $75.67 | 32 | $75.67 | 61 | $75.67 |
| 4 | $75.67 | 33 | $75.67 | 62 | $75.67 |
| 5 | $75.67 | 34 | $75.67 | 63 | $75.67 |
| 6 | $75.67 | 35 | $75.67 | 64 | $75.67 |
| 7 | $75.67 | 36 | $75.67 | 65 | $75.67 |
| 8 | $75.67 | 37 | $75.67 | 66 | $75.67 |
| 9 | $75.67 | 38 | $75.67 | 67 | $75.67 |
| 10 | $75.67 | 39 | $75.67 | 68 | $75.67 |
| 11 | $75.67 | 40 | $75.67 | 69 | $75.67 |
| 12 | $75.67 | 41 | $75.67 | 70 | $75.67 |
| 13 | $75.67 | 42 | $75.67 | 71 | $75.67 |
| 14 | $75.67 | 43 | $75.67 | 72 | $75.67 |
| 15 | $75.67 | 44 | $75.67 | 73 | $75.67 |
| 16 | $75.67 | 45 | $75.67 | 74 | $75.67 |
| 17 | $75.67 | 46 | $75.67 | 75 | $75.67 |
| 18 | $75.67 | 47 | $75.67 | 76 | $91.24 |
| 19 | $75.67 | 48 | $75.67 | 77 | $91.24 |
| 20 | $75.67 | 49 | $75.67 | 78 | $91.24 |
| 21 | $75.67 | 50 | $75.67 | 79 | $91.24 |
| 22 | $75.67 | 51 | $75.67 | 80 | $91.24 |
| 23 | $75.67 | 52 | $75.67 | 81 | $91.24 |
| 24 | $75.67 | 53 | $75.67 | 82 | $91.24 |
| 25 | $75.67 | 54 | $75.67 | 83 | $91.24 |
| 26 | $75.67 | 55 | $75.67 | 84 | $91.24 |
| 27 | $75.67 | 56 | $75.67 | 85 | $91.24 |
| 28 | $75.67 | 57 | $75.67 | 86 | $91.24 |
| 29 | $75.67 | 58 | $75.67 | 87+ | $0.00] |

---

ICC25 S25ADM2 Page [9]

POLICY NUMBER: [VP999999990]

POLICY SPECIFICATIONS

**[Table of Minimum Death Benefit Percentages – Cash Value Accumulation Test**

**Applicable on the Policy Date**

Insured: [John Doe]

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| Policy | Minimum | Policy | Minimum | Policy | Minimum |
| Year | Death Benefit | Year | Death Benefit | Year | Death Benefit |
|  | Percentage |  | Percentage |  | Percentage |
| [1 | 259% | 23 | 164% | 45 | 120% |
| 2 | 236% | 24 | 162% | 46 | 118% |
| 3 | 232% | 25 | 159% | 47 | 117% |
| 4 | 228% | 26 | 156% | 48 | 116% |
| 5 | 224% | 27 | 154% | 49 | 115% |
| 6 | 220% | 28 | 151% | 50 | 114% |
| 7 | 216% | 29 | 149% | 51 | 113% |
| 8 | 213% | 30 | 147% | 52 | 112% |
| 9 | 209% | 31 | 145% | 53 | 111% |
| 10 | 206% | 32 | 142% | 54 | 110% |
| 11 | 202% | 33 | 140% | 55 | 109% |
| 12 | 199% | 34 | 138% | 56 | 109% |
| 13 | 195% | 35 | 136% | 57 | 108% |
| 14 | 192% | 36 | 134% | 58 | 107% |
| 15 | 189% | 37 | 132% | 59 | 107% |
| 16 | 185% | 38 | 131% | 60 | 106% |
| 17 | 182% | 39 | 129% | 61 | 106% |
| 18 | 179% | 40 | 127% | 62 | 105% |
| 19 | 176% | 41 | 126% | 63 | 104% |
| 20 | 173% | 42 | 124% | 64 | 103% |
| 21 | 170% | 43 | 123% | 65 | 102% |
| 22 | 167% | 44 | 121% | &nbsp;&nbsp;&nbsp;&nbsp;66+ | 101%]] |

---

ICC25 S25ADM2 Page [10]

POLICY NUMBER: [VP999999990]

POLICY SPECIFICATIONS

**[Table of Minimum Death Benefit Percentages – Guideline Premium Test**

**Applicable on the Policy Date**

Insured: [John Doe]

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | Death Benefit |  | Death Benefit |  | Death Benefit |  | Death Benefit |
| Age | Percentage | Age | Percentage | Age | Percentage | Age | Percentage |
| [0-40 | 250% | 50 | 185% | 60 | 130% | 70 | 115% |
| 41 | 243% | 51 | 178% | 61 | 128% | 71 | 113% |
| 42 | 236% | 52 | 171% | 62 | 126% | 72 | 111% |
| 43 | 229% | 53 | 164% | 63 | 124% | 73 | 109% |
| 44 | 222% | 54 | 157% | 64 | 122% | 74 | 107% |
| 45 | 215% | 55 | 150% | 65 | 120% | 75-90 | 105% |
| 46 | 209% | 56 | 146% | 66 | 119% | 91 | 104% |
| 47 | 203% | 57 | 142% | 67 | 118% | 92 | 103% |
| 48 | 197% | 58 | 138% | 68 | 117% | 93 | 102% |
| 49 | 191% | 59 | 134% | 69 | 116% | 94+ | 101%]] |

---

ICC25 S25ADM2 Page [11]

## Ex-99.(D)(Ii)

**Exhibit** **99.(d)(ii)**

**ACCELERATED DEATH BENEFIT RIDER FOR CHRONIC AND TERMINAL ILLNESS**

This Rider ("Rider") becomes a part of the policy to which it is attached ("Policy") and covers only the Eligible Insured(s) named in the Policy Specifications. If the provisions of this Rider and those of the Policy do not agree, the provisions of this Rider will apply. Please read it carefully.

**Rider Summary –** Upon meeting the conditions in the Benefit Eligibility and Request for Benefits section, this Rider pays an Accelerated Death Benefit to the Owner, on the Benefit Payment Date. As described in this Rider, each Accelerated Death Benefit payment represents a portion of the Death Benefit after applying a Reduction Factor, subject to certain limitations.

**Disclosure – Accelerated Death Benefit payments may affect eligibility for, or amounts of, other benefits provided by federal, state, or local government. Payments of Accelerated Death Benefit proceeds provided by this Rider are intended to qualify as death benefits under section 101(g) of the Internal Revenue Code. The federal, state, or local tax consequences resulting from payment of Accelerated Death Benefit proceeds will depend on your specific facts and circumstances. Consequently, advice and guidance should be obtained from a personal tax advisor prior to the receipt of any Accelerated Death Benefit proceeds.**

**Payment of an Accelerated Death Benefit under this Rider will reduce the death benefit, cost of insurance charges (if applicable), premiums (if applicable), and other values under the Policy. Further, the premium limitations and death benefits required for the Policy to qualify as a life insurance policy or avoid being classified as a Modified Endowment Contract under the Code will also be affected.**

[STATE] Department of Insurance: [(XXX) XXX-XXXX]

Signed for Pacific Life Insurance Company,

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| ![](tm2514633d2_ex99dii001.jpg) | ![](tm2514633d2_ex99dii003.jpg) | ![](tm2514633d2_ex99dii002.jpg) | ![](tm2514633d2_ex99dii001.jpg) | ![](tm2514633d2_ex99dii004.jpg) | ![](tm2514633d2_ex99dii002.jpg) |
|  | Chairman, President and Chief Executive Officer |  |  | Secretary |  |

---

[www.PacificLife.com] [(800) 347-7787]

ICC18 R18ADB <br> Page [1] of [11]

**Definitions**

**Accelerated Death Benefit –** An Accelerated Death Benefit is the adjusted Death Benefit or portion of Death Benefit that is paid to a Chronically Ill Individual or a Terminally Ill Individual who has provided a Certification of Illness and has met the Eligibility Conditions set forth in this Rider. We place no restrictions on your use of the Accelerated Death Benefit proceeds paid under this Rider. The Accelerated Death Benefit is either a **Chronic Illness Benefit** or a **Terminal Illness Benefit**.

**Activities of Daily Living –** Activities of Daily Living means the following self-care functions:

**Bathing** – The ability to wash oneself by sponge bath or in either a tub or shower, including the task of getting into or out of the tub or shower.

**Continence** – The ability to maintain control of bowel and bladder function or, when unable to maintain control of bowel or bladder function, the ability to perform associated personal hygiene including caring for catheter or colostomy bag.

**Dressing** – The ability to put on and remove all items of clothing and any necessary braces, fasteners, or artificial limbs.

**Eating** – The ability to feed oneself by getting food into the body from a receptacle such as a plate, cup, or table, by a feeding tube or intravenously.

**Toileting** – The ability to move to and from the toilet, get on and off the toilet, and perform associated personal hygiene.

**Transferring** – The ability to move into or out of a bed, chair, or wheelchair.

**Benefit Date –** The Benefit Date is the date on which both of the following have occurred:

&nbsp;&nbsp;&nbsp;&nbsp;· We
 have confirmed the information contained in the Benefit Form; and,

&nbsp;&nbsp;&nbsp;&nbsp;· We
 are in receipt of a Certification of Illness.

**Benefit Payment –** The Benefit Payment is the periodic or lump sum payment of the Accelerated Death Benefit proceeds.

**Benefit Payment Date** – The Benefit Payment Date is the date or dates on which a Benefit Payment is paid. Benefits will be paid when we have confirmed that the Insured has met the conditions outlined in Benefit Eligibility and Request for Benefits.

**Certification of Illness** – A Certification of Illness is either of the following:

&nbsp;&nbsp;&nbsp;&nbsp;· A
 written certification from a Licensed Health Care Practitioner that the Insured is a Chronically
 Ill Individual who meets the conditions of this Rider. Each such Certification of Illness
 is valid for a twelve-month period and must state that the Chronic Illness is expected to
 be permanent; or

&nbsp;&nbsp;&nbsp;&nbsp;· A
 written certification from a Licensed Physician that the Insured is a Terminally Ill Individual
 who meets the conditions of this Rider. Such Certification of Illness must include clinical,
 radiological or laboratory evidence of the condition that supports the Certification of the
 Licensed Physician.

We reserve the right to obtain, at any time, an additional opinion of the Insured's condition which may include a physical examination, from a Licensed Health Care Practitioner or Licensed Physician at our expense. Should this opinion differ from that of the Insured's Licensed Health Care Practitioner or Licensed Physician, eligibility for benefits will be determined by a third Licensed Health Care Practitioner or Licensed Physician who is mutually acceptable to the Owner and us.

**Chronic Illness Benefit –** The Chronic Illness Benefit is the Accelerated Death Benefit payable when the Insured is a Chronically Ill Individual who has met the Eligibility Conditions shown in the Policy Specifications.

ICC18 R18ADB <br> Page [2] of [11]

**Chronic Illness –** Chronic Illness is a medical condition where the Chronically Ill Individual has received a Certification of Illness certifying that:

&nbsp;&nbsp;&nbsp;&nbsp;· They
 are unable to perform, without Substantial Assistance from another individual, at least two
 Activities of Daily Living due to a loss of functional capacity and such condition is expected
 to be permanent; or

&nbsp;&nbsp;&nbsp;&nbsp;· They
 require Substantial Supervision to protect themselves from threats to health and safety due
 to Severe Cognitive Impairment and that such condition is expected to be permanent.

**Chronically Ill Individual** – A Chronically Ill Individual is an Insured who has been certified as described in Certification of Illness as having a Chronic Illness. A Chronically Ill Individual shall not include an Insured who would have otherwise met those requirements unless that Insured has been certified as having a Chronic Illness by a Licensed Health Care Practitioner within the preceding twelve-month period.

**Current Death Benefit –** The Current Death Benefit is the Death Benefit on each Benefit Payment Date after a Benefit Payment has been paid. The Current Death Benefit does not include any Death Benefit that is provided through an estate preservation benefit.

**Insured –** Under this Rider, the Insured is an Eligible Insured named in the Policy Specifications. This term does not include other persons covered under other riders which are part of the Policy.

If the Policy is a last survivor life policy, then Insured means the Eligible Insured named in the Policy Specifications who is also the Survivor.

**Immediate Family Member –** An Immediate Family Member includes the spouse; parents; brothers; sisters; and children by blood; adoption; or marriage of the Owner and the Insured, and of the spouse of the Owner and Insured.

**Initial Eligible Amount –** The Initial Eligible Amount is the lesser of the Maximum Lifetime Chronic Illness Benefit or the Death Benefit, as described in the Policy, on the initial Benefit Payment Date.

**Licensed Health Care Practitioner –** A Licensed Health Care Practitioner is a physician, as defined in sub-section 1861(r)(1) of the Social Security Act, a registered professional nurse, licensed social worker, or other individual who meets such requirements as may be prescribed by the Secretary of the Treasury of the United States. A Licensed Health Care Practitioner must reside in the United States, and does not include the Owner, the Insured, or an Immediate Family Member.

**Licensed Physician –** A Licensed Physician is a physician who is licensed and residing in the United States. A Licensed Physician does not include the Owner, the Insured, or an Immediate Family Member.

**Maximum Lifetime Chronic Illness Benefit –** The Maximum Lifetime Chronic Illness Benefit is the maximum amount of Death Benefit that you can accelerate as a Chronic Illness Benefit under this Rider during the lifetime of the Insured. The Maximum Lifetime Chronic Illness Benefit is shown in the Policy Specifications.

**Per Diem Limitation –** The Per Diem Limitation is used in the calculation of the Chronic Illness Benefit as either one of the following:

&nbsp;&nbsp;&nbsp;&nbsp;· **Monthly Per Diem Limitation** is the Per Diem Limitation as declared by the Internal Revenue Service
 on each Benefit Payment Date multiplied by the Maximum Per Diem Limit Percentage, shown in
 the Policy Specifications, multiplied by 30.

&nbsp;&nbsp;&nbsp;&nbsp;· **Annual Per Diem Limitation** is the Per Diem Limitation as declared by the Internal Revenue Service
 on each Benefit Payment Date multiplied by the Maximum Per Diem Limit Percentage, shown in
 the Policy Specifications, multiplied by 365.

ICC18 R18ADB <br> Page [3] of [11]

**Severe Cognitive Impairment –** Severe Cognitive Impairment means a deficiency in the Insured's: short or long-term memory; orientation as to person, place, and time; deductive or abstract reasoning; or judgment as it relates to safety awareness.

**Substantial Assistance –** Substantial Assistance means either one of the following:

&nbsp;&nbsp;&nbsp;&nbsp;· **Hands-On Assistance**, which is minimal, moderate, or maximum physical assistance without which
 the Insured would not be able to perform an Activity of Daily Living; or

&nbsp;&nbsp;&nbsp;&nbsp;· **Standby Assistance**, which is the presence of another person within arm's reach of the Insured
 is necessary to prevent, by physical intervention, the Insured's injury while the Insured
 is performing an Activity of Daily Living.

**Substantial Supervision –** Substantial Supervision means continual supervision by another person is necessary to protect the Insured from threats to the Insured's health or safety, including, but not limited to, such threats that may result from wandering. Note that continual supervision may also include cueing by verbal prompting, gestures, or other demonstrations.

**Survivor –** Survivor means the Insured remaining alive after the first death of the two Eligible Insureds named in the Policy Specifications, when the policy is a last survivor life policy. If the two Insureds die simultaneously or such that it cannot be determined who died first, unless otherwise provided, it shall be assumed that the younger Insured survived the older Insured.

**Terminal Illness –** Terminal Illness is a medical condition where the Terminally Ill Individual has been certified to have a life expectancy that is reasonably expected to be twelve-months or less from the Benefit Date.

**Terminal Illness Benefit –** The Terminal Illness Benefit is the Accelerated Death Benefit payable when the Insured is a Terminally Ill Individual who has met the Eligibility Conditions set forth in this Rider. The Minimum Terminal Illness Benefit is shown in the Policy Specifications.

**Terminal Illness Eligible Coverage** – The Terminal Illness Eligible Coverage is the portion of the Policy Death Benefit that will qualify for determining the Terminal Illness Benefit under this Rider. Terminal Illness Eligible Coverage is listed in the Policy Specifications.

Note that Terminal Illness Eligible Coverage does not include:

&nbsp;&nbsp;&nbsp;&nbsp;· Any
 insurance under the Policy on the life of someone other than the Eligible Insured; or

&nbsp;&nbsp;&nbsp;&nbsp;· Any
 rider on the Insured that is not explicitly listed as being Terminal Illness Eligible Coverage.

**Terminally Ill Individual –** A Terminally Ill Individual is an Insured who has been certified as described in Certification of Illness as having a Terminal Illness.

**Benefit Eligibility and Request for Benefits**

**Eligibility Conditions –** The Eligibility Conditions provided in the Policy Specifications must be satisfied to receive an Accelerated Death Benefit.

**Request for Benefits –** A Request for Benefits is a written notice requesting an Accelerated Death Benefit that may be submitted upon meeting the Eligibility Conditions. Any Request for Benefits given by or on behalf of the Insured to us at our Home Office or to one of our authorized life insurance producer with information sufficient to identify the Insured, shall be deemed appropriate notice to us and will be administered as described in the Processing the Request for Benefits section.

ICC18 R18ADB <br> Page [4] of [11]

A Request for Benefits may be either one of the following:

· **Request for Chronic Illness Benefits**, which may be given to us any time after the date the Insured
 develops a Chronic Illness as defined in this Rider. Only one Request for Chronic Illness
 Benefits may be submitted during any twelve-month period, and each request must include a
 new Certification of Illness. Additionally, requests should include the desired dollar amount
 of the Chronic Illness Benefit and your Election of Benefit Proceeds.

· **Request for Terminal Illness Benefits,** which may be given to us any time after the date the Insured
 develops a Terminal Illness as defined in this Rider. Such requests should include the desired
 dollar amount of the Terminal Illness Benefit.

**Benefit Form –** Within 15 days of our receipt of the Request for Benefits, a Benefit Form will be provided to the Insured. If we do not furnish the form to the Insured within 15 days of your Request for Benefits, then it will be considered that you have complied with the form requirements. You must, however, submit written proof covering the occurrence, the character, and the extent of the occurrence for which the claim has been made. Any information provided may be used to determine proof of eligibility.

**Accelerated Death Benefit Values and Payments**

**Chronic Illness Benefit Proceeds –** Chronic Illness Benefit Proceeds are the amount of Chronic Illness Benefit that is payable on each Benefit Payment Date and are calculated as shown in the Policy Specifications.

Chronic Illness Benefit Proceeds may be paid in one annual payment or in twelve monthly payments, as described in Election of Benefit Proceeds.

**Total Accelerated Chronic Illness Benefit –** This is equal to the amount that the Death Benefit has been reduced as a result of paying an Accelerated Death Benefit under this Rider. The Total Accelerated Chronic Illness Benefit is equal to zero at the date of issue of this Rider.

At the time of payment of each Chronic Illness Benefit, the Total Accelerated Chronic Illness Benefit is increased by an amount equal to those Accelerated Chronic Illness Proceeds divided by the Chronic Illness Reduction Factor.

**Terminal Illness Benefit Proceeds** – Terminal Illness Benefit Proceeds are the amount of Terminal Illness Benefit that is payable on the Benefit Payment Date and are calculated as shown in the Policy Specifications.

Terminal Illness Benefit Proceeds will be paid in one lump sum and are at least equal to the Acceleration Percentage multiplied by the difference between the current Cash Surrender Value and any outstanding Policy Debt. **We will pay the Terminal Illness Benefit Proceeds only once per Policy.**

**Reduction Factor –** A Reduction Factor for the Chronic Illness Benefit or Terminal Illness Benefit, whichever applies, will be calculated for each Accelerated Death Benefit. Both the Chronic Illness Reduction Factor and the Terminal Illness Reduction Factor are shown in the Policy Specifications.

**Processing the Request for Benefits –** Depending on whether a Chronic Illness Benefit or a Terminal Illness Benefit is requested, we will do one of the following on each Benefit Payment Date.

Upon request for Chronic Illness Benefits, we will:

· Calculate
 the Chronic Illness Benefit Proceeds;

· Verify
 that the Policy is not in the Grace Period. If it is, the Chronic Illness Benefit will be
 reduced by the amount needed to pay any portion of the Monthly Deduction due;

ICC18 R18ADB <br> Page [5] of [11]

· Limit
 the Chronic Illness Benefit Proceeds to the Maximum Annual Chronic Illness Benefit Amount
 or Maximum Monthly Chronic Illness Benefit Amount, each shown in the Policy Specifications,
 as applicable; and

· Reduce
 Policy and Rider values as described herein.

Upon request for Terminal Illness Benefits, we will:

· Calculate
 the Terminal Illness Benefit Proceeds;

&nbsp;&nbsp;&nbsp;&nbsp;· Limit
 the Terminal Illness Benefit as shown in Terminal Illness Benefit Limitation shown in the
 Policy Specifications;

· Reduce
 Policy and Rider values as described herein; and

· Terminate
 any Chronic Illness Benefits.

Accelerated Death Benefits are payable immediately beginning on the Benefit Date. If payment of Accelerated Death Benefit proceeds is delayed thirty-one (31) calendar days after the Benefit Date, we will pay Death Benefit Proceeds Additional Interest as described in the Death Benefit Proceeds section of the Policy. Such additional interest rate will be applied to the Accelerated Death Benefit proceeds beginning on the 31<sup>st</sup> calendar day referenced above, to each Benefit Payment Date.

If the Policy has an accidental death rider, the accidental death benefit amount is not eligible for acceleration under the terms of this Rider. Payment of an Accelerated Death Benefit under this rider will not affect the amount of any accidental death benefit.

**Election of Benefit Proceeds –** Chronic Illness Benefit Proceeds are payable in an annual payment or in monthly payments as described below:

<u>Annual Benefit Proceeds</u> – Under this option, you may elect receipt of one annual payment that will not exceed the Maximum Annual Chronic Illness Benefit Amount. A new Certification of Illness is required before each election date, which is the start of a new twelve-month period.The following stipulations apply:

· The
 amount of Chronic Illness Benefits requested may not be less than the Minimum Annual Chronic
 Illness Benefit Amount shown in the Policy Specifications; and

· The
 amount of Chronic Illness Benefits paid will never be greater than the Maximum Annual Chronic
 Illness Benefit Amount.

**Note:** Chronic Illness Benefit Proceeds will be paid as Annual Benefit Proceeds, unless you elect to receive the Monthly Benefit Proceeds.

<u>Monthly Benefit Proceeds</u> – Under this option, you may elect receipt of proceeds in twelve-monthly payments that will result in payment of the Chronic Illness Benefit Proceeds, over a twelve-month election period or until you cancel your request. The amount of Monthly Benefit Proceeds may vary from month to month, but will not exceed the Maximum Monthly Chronic Illness Benefit Amount on each Benefit Payment Date. A new Certification of Illness is required before each election date, which is the start of each new twelve-month period however a new Request for Benefits will not be required. The following stipulations apply:

· The
 amount of the Chronic Illness Benefits requested may not be less than the Minimum Monthly
 Chronic Illness Benefit Amount shown in the Policy Specifications;

· The
 Chronic Illness Benefit will never be greater than the Maximum Monthly Chronic Illness Benefit
 Amount on that Benefit Payment Date; and

· You
 may not change the dollar amount of the Chronic Illness Benefits you requested.

**Note:** You may cancel an election of Monthly Benefit Proceeds at any time during the twelve-month period that the Monthly Benefit Proceeds are being paid. However, a new Request for Chronic Illness

ICC18 R18ADB <br> Page [6] of [11]

Benefits may not be made until twelve-months after the date the prior Request for Benefits was processed. Upon canceling your election, you will not receive any remaining monthly payments due and unpaid for the current twelve-month election period.

**To Whom We Will Pay Benefits –** Unless otherwise assigned or designated by the Owner, all Accelerated Death Benefit proceeds will be payable to the Owner or the Owner's estate while the Insured is still living, subject to any required acknowledgment of concurrence for payout. Upon the death of the Owner we will pay the benefit of this Rider, provided the benefit is requested prior to the Owner's death, to his or her estate. Any payment of Accelerated Death Benefits that is made in good faith by us is deemed irrevocable. Accelerated Death Benefits are paid as described in this Rider.

**Accelerated Death Benefit Payment Notice –** Prior to or on each Benefit Payment Date, we will send the Owner a statement demonstrating the effect that paying the Accelerated Death Benefit proceeds has on the Accumulated Value, Death Benefit, Premium, Cost of Insurance Charges, and Policy Loans (including any loans to pay premiums).

**Death of the Insured –** If Written Notice of the Insured's death is received at our Administrative Office prior to the Benefit Payment Date, then such proceeds will not be paid. However, any Accelerated Death Benefit proceeds paid by us after the date of death but prior to our receipt of Written Notice of the Insured's death at our Administrative Office will reduce the Death Benefit Proceeds payable under the Policy.

Upon death of the Insured, any Death Benefit Proceeds are paid according to the terms of the Policy.

**This Rider's Effect on the Policy**

At the time of Rider Exercise, the Face Amount and values of the Policy will be adjusted as described below.

**Acceleration Percentage –** Based on the payment made we will adjust the Policy's values by an Acceleration Percentage, calculated as shown in the Policy Specifications. Chronic Illness Acceleration Percentage will apply to any Chronic Illness Benefits and Terminal Illness Acceleration Percentage will apply to any Terminal Illness Benefits.

**Policy Values –** Accelerated Death Benefits reduce Policy values by an amount equal to their value prior to payment of the Accelerated Death Benefit proceeds multiplied by the applicable Acceleration Percentage on the Benefit Payment Date. On each Benefit Payment Date, the following Policy values will be reduced:

&nbsp;&nbsp;&nbsp;&nbsp;· Total
 Face Amount. For each Coverage Layer under the Policy or any term insurance on the Insured,
 the Face Amount of that layer will be reduced according to the terms of the Policy and/or
 rider;

&nbsp;&nbsp;&nbsp;&nbsp;· Accumulated
 Value of the Policy. The Policy's Accumulated Value will continue to be calculated
 according to the terms of the Policy;

&nbsp;&nbsp;&nbsp;&nbsp;· Surrender
 Charge for each Coverage Layer. Surrender Charges will continue to be calculated according
 to the terms of the Policy and/or rider;

&nbsp;&nbsp;&nbsp;&nbsp;· Any
 Policy Debt; and

&nbsp;&nbsp;&nbsp;&nbsp;· Any
 Alternate Accumulated Value.

If the Policy has Death Benefit Option C\*, then these values are also reduced:

&nbsp;&nbsp;&nbsp;&nbsp;· The
 sum of the premiums less withdrawals; and

&nbsp;&nbsp;&nbsp;&nbsp;· The
 Option C Death Benefit Limit.

\*Death Benefit Option C is calculated as the Face Amount plus premiums less withdrawals.

ICC18 R18ADB <br> Page [7] of [11]

**Standard Loans –** If the Policy has a standard loan, then any standard loan values are reduced by the Acceleration Percentage under this Rider. Standard Policy Debt, Loan Account, Standard Loan and Loan Interest Charged are all reduced on each Benefit Payment Date by an amount equal to their respective values prior to the payment of Accelerated Death Benefit proceeds, multiplied by the Acceleration Percentage.

**Cash Surrender Value and Net Cash Surrender Value –** The Policy's Cash Surrender Value and Net Cash Surrender Value after payment of Accelerated Death Benefit proceeds will be calculated according to terms of the Policy.

**Death Benefit –**The Policy's Death Benefit will continue to be calculated according to the terms of the Policy.

**Cost of Insurance Charges** – Cost of Insurance Charges will continue to be calculated according to the terms of the Policy, but will be based upon the reduced policy values following the payment of Accelerated Death Benefit proceeds.

**Minimum Premium and Minimum Premium Credit –** If the Policy has preferred coverage charges under a minimum premium requirement, the minimum premium is reduced on each Benefit Payment Date by an amount equal to the minimum premium prior to payment of Accelerated Death Benefit proceeds, multiplied by the Acceleration Percentage.

Additionally, the Minimum Premium Credit is reduced on each Benefit Payment Date by an amount equal to the Minimum Premium Credit prior to the payment of Accelerated Death Benefit proceeds, multiplied by the Acceleration Percentage.

**Coordination with Other Payments –** If another transaction is requested on the same day as the Benefit Payment Date, then payment of the Accelerated Death Benefit proceeds will be processed after any other transactions.

**Other Effects on the Policy –** Upon payment of Accelerated Death Benefit proceeds on the initial Benefit Payment Date, the following apply:

1. Death
 Benefit Option Changes are allowed, but only into Death Benefit Option A;

&nbsp;&nbsp;&nbsp;&nbsp;2. Requested
 Increases in benefits under the Policy or any riders are not permitted;

&nbsp;&nbsp;&nbsp;&nbsp;3. Policy
 Loan availability will continue according to the terms of the Policy; and

&nbsp;&nbsp;&nbsp;&nbsp;4. Any
 program in effect, through which periodic distributions of policy values are made, may be
 discontinued.

**This Rider's Effect on Other Riders**

In general, optional rider benefits under the Policy will continue to remain In Force subject to the terms and conditions of the Policy and riders unless otherwise stated. Charges for optional riders will be calculated according to the terms of the rider form, and may be affected by the reduction in benefits and policy values.

**Alternate Loans –** If the Policy has an alternate loan under an alternate loan rider, then any alternate loan values are reduced by the Acceleration Percentage under this Rider. Alternate Policy Debt, Alternate Loan and Alternate Loan Interest Charged are all reduced on each Benefit Payment Date by an amount equal to their respective values prior to the payment of Accelerated Death Benefit proceeds, multiplied by the Acceleration Percentage.

ICC18 R18ADB <br> Page [8] of [11]

**Minimum Earnings Benefits** – If the Policy has minimum earnings benefits, any Alternate Accumulated Value is reduced on each Benefit Payment Date by an amount equal to the Alternate Accumulated Value prior to the payment of Accelerated Death Benefit proceeds multiplied by the Acceleration Percentage. Any minimum premium requirement is reduced on each Benefit Payment Date by an amount equal to the minimum premium requirement prior to each Benefit Payment Date multiplied by the Acceleration Percentage. The total premium paid used to meet any minimum premium requirement is reduced on each Benefit Payment Date by an amount equal to the total premium paid prior to each Benefit Payment Date multiplied by the Acceleration Percentage.

**No-Lapse Guarantee Riders with a No-Lapse Guarantee Value –** If the Policy has a no-lapse guarantee benefit that is based on the concept of a no-lapse guarantee value, the no-lapse guarantee value is reduced on each Benefit Payment Date by an amount equal to the no-lapse guarantee value prior to payment of Accelerated Death Benefits, multiplied by the Acceleration Percentage. The amount of reduction will be processed against the no-lapse guarantee value according to the terms of the no-lapse guarantee benefit.

**No-Lapse Guarantee Riders with No-Lapse Guarantee Premium –** If the Policy has a no-lapse guarantee benefit that is based on the concept of no-lapse guarantee premiums, the no-lapse guarantee premium is reduced on each Benefit Payment Date by an amount equal to the no-lapse guarantee premium prior to the payment of Accelerated Death Benefits, multiplied by the Acceleration Percentage. Any no-lapse credit will be reduced on each Benefit Payment Date by an amount equal to the no-lapse credit prior to payment of Accelerated Death Benefits, multiplied by the Acceleration Percentage.

**Overloan Protection Rider** – If the Policy has an overloan protection rider, it will terminate upon payment of Accelerated Death Benefit proceeds on the initial Benefit Payment Date.

**Term Insurance –** If the Policy has term insurance, Face Amounts for any term insurance rider on the Insured will be reduced as the Total Face Amount is reduced (see Policy Values, above). If the term insurance rider contains any provision for a termination credit, the termination credit basis is reduced on each Benefit Payment Date by an amount equal to the value of the termination credit basis prior to the payment of Accelerated Death Benefit proceeds, multiplied by the Acceleration Percentage. If the term insurance rider contains a Limited Return of Premiums provision, the return of premium provision would terminate upon payment of Accelerated Death Benefit proceeds on the initial Benefit Payment Date.

**Last Survivor Term Insurance –** If the Policy has last survivor term insurance, Face Amounts for any last survivor term insurance on the Insureds will be reduced as the Total Face Amount is reduced (see Policy Values, above). If the term insurance rider contains any provision for a termination credit, the termination credit basis is reduced on the Benefit Payment Date by an amount equal to the value of the termination credit basis prior to the payment of Chronic Illness Benefit Proceeds, multiplied by the Acceleration Percentage. If the term insurance rider contains a Limited Return of Premiums provision, the return of premium provision would terminate upon payment of Accelerated Death Benefit proceeds on the initial Benefit Payment Date.

**Other Riders and/or Policy Provisions –** In addition to those riders mentioned above, additional benefits added by rider or endorsement may be attached to the Policy. Those benefits and/or provisions within the Policy may be impacted upon payment of Accelerated Death Benefit proceeds on the initial Benefit Payment Date. Any such impacts will be explained in the benefits or Policy. **Please read your entire policy including this Rider and all other forms carefully.**

**General Provisions**

**Incontestability –** This Rider will follow the Incontestability provision of the Policy.

ICC18 R18ADB <br> Page [9] of [11]

**Reinstatement –** If the Policy is reinstated, this Rider may be reinstated on the same terms.

**Premium Requirement –** There is no separate premium required for this benefit. However, this Rider does not eliminate the need to pay premiums to keep the Policy In Force. Even while receiving Accelerated Death Benefit proceeds, the Owner must continue to pay any premiums necessary to avoid policy lapse as described in the Policy or in any applicable riders attached to the Policy.

**Effective Date –** This Rider is in effect on the Policy Date unless otherwise stated. If this Rider is in effect after the Policy Date, the Effective Date for this Rider will be shown in the Policy Specifications.

**Rider Termination –** This Rider will terminate on the earlier of:

&nbsp;&nbsp;&nbsp;&nbsp;1. Your
 Written Request;

&nbsp;&nbsp;&nbsp;&nbsp;2. The
 acceleration of any part of the Death Benefit of the Policy for reason of Terminal Illness
 while the Insured is still living;

&nbsp;&nbsp;&nbsp;&nbsp;3. The
 date benefits equal to the total Death Benefit have been accelerated;

&nbsp;&nbsp;&nbsp;&nbsp;4. Exercise
 of an overloan protection rider;

&nbsp;&nbsp;&nbsp;&nbsp;5. The
 date the Policy terminates; or

&nbsp;&nbsp;&nbsp;&nbsp;6. The
 date we receive, at our Administrative Office, written notice of the death of the Insured.

Termination of this Rider shall not prejudice the payment of Accelerated Death Benefit proceeds on any Benefit Payment Date that occurred while the Rider was In Force.

**Effect of Additional Benefits on This Rider–** Your policy may include additional benefits that were added by rider or endorsement. These rider and endorsement forms may include provisions that replace or amend provisions in this contract. **Please read your entire policy, including all riders and other forms carefully.**

**Conformity with IIPRC Standards –** This Rider was approved under the authority of the IIPRC and issued under the IIPRC standards. If there is any provision that is in conflict with any IIPRC standards applicable to this Rider when this Rider was issued, the provision is amended to conform to that standard. Any such amendment is effective on the date this Rider takes effect.

ICC18 R18ADB <br> Page [10] of [11]

**Index**

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| Subject | Page | Page |  | Subject | Page | Page |  |
|  | ![](tm2514633d2_ex99dii005.jpg) |  | ![](tm2514633d2_ex99dii006.jpg) |  | ![](tm2514633d2_ex99dii005.jpg) |  | ![](tm2514633d2_ex99dii006.jpg) |
| Accelerated Death Benefit | ![](tm2514633d2_ex99dii005.jpg) | 2 | ![](tm2514633d2_ex99dii006.jpg) | Insured | ![](tm2514633d2_ex99dii005.jpg) | 3 | ![](tm2514633d2_ex99dii006.jpg) |
| Acceleration Percentage | ![](tm2514633d2_ex99dii005.jpg) | 7 | ![](tm2514633d2_ex99dii006.jpg) | Licensed Health Care Practitioner | ![](tm2514633d2_ex99dii005.jpg) | 3 | ![](tm2514633d2_ex99dii006.jpg) |
| Activities of Daily Living | ![](tm2514633d2_ex99dii005.jpg) | 2 | ![](tm2514633d2_ex99dii006.jpg) | Licensed Physician | ![](tm2514633d2_ex99dii005.jpg) | 3 | ![](tm2514633d2_ex99dii006.jpg) |
| Benefit Date | ![](tm2514633d2_ex99dii005.jpg) | 2 | ![](tm2514633d2_ex99dii006.jpg) | Maximum Lifetime Chronic Illness Benefit | ![](tm2514633d2_ex99dii005.jpg) | 3 | ![](tm2514633d2_ex99dii006.jpg) |
| Benefit Form | ![](tm2514633d2_ex99dii005.jpg) | 5 | ![](tm2514633d2_ex99dii006.jpg) | Per Diem Limitation | ![](tm2514633d2_ex99dii005.jpg) | 4 | ![](tm2514633d2_ex99dii006.jpg) |
| Benefit Payment | ![](tm2514633d2_ex99dii005.jpg) | 2 | ![](tm2514633d2_ex99dii006.jpg) | Policy Values | ![](tm2514633d2_ex99dii005.jpg) | 7 | ![](tm2514633d2_ex99dii006.jpg) |
| Benefit Payment Date | ![](tm2514633d2_ex99dii005.jpg) | 2 | ![](tm2514633d2_ex99dii006.jpg) | Processing the Request for Benefits | ![](tm2514633d2_ex99dii005.jpg) | 6 | ![](tm2514633d2_ex99dii006.jpg) |
| Certification of Illness | ![](tm2514633d2_ex99dii005.jpg) | 2 | ![](tm2514633d2_ex99dii006.jpg) | Reduction Factor | ![](tm2514633d2_ex99dii005.jpg) | 6 | ![](tm2514633d2_ex99dii006.jpg) |
| Chronic Illness | ![](tm2514633d2_ex99dii005.jpg) | 3 | ![](tm2514633d2_ex99dii006.jpg) | Reinstatement | ![](tm2514633d2_ex99dii005.jpg) | 10 | ![](tm2514633d2_ex99dii006.jpg) |
| Chronic Illness Benefit | ![](tm2514633d2_ex99dii005.jpg) | 3 | ![](tm2514633d2_ex99dii006.jpg) | Request for Benefits | ![](tm2514633d2_ex99dii005.jpg) | 5 | ![](tm2514633d2_ex99dii006.jpg) |
| Chronic Illness Benefit Proceeds | ![](tm2514633d2_ex99dii005.jpg) | 5 | ![](tm2514633d2_ex99dii006.jpg) | Rider Termination | ![](tm2514633d2_ex99dii005.jpg) | 10 | ![](tm2514633d2_ex99dii006.jpg) |
| Chronically Ill Individual | ![](tm2514633d2_ex99dii005.jpg) | 3 | ![](tm2514633d2_ex99dii006.jpg) | Severe Cognitive Impairment | ![](tm2514633d2_ex99dii005.jpg) | 4 | ![](tm2514633d2_ex99dii006.jpg) |
| Conformity with IIPRC Standards | ![](tm2514633d2_ex99dii005.jpg) | 10 | ![](tm2514633d2_ex99dii006.jpg) | Substantial Assistance | ![](tm2514633d2_ex99dii005.jpg) | 4 | ![](tm2514633d2_ex99dii006.jpg) |
| Effect on Other Riders | ![](tm2514633d2_ex99dii005.jpg) | 9 | ![](tm2514633d2_ex99dii006.jpg) | Substantial Supervision | ![](tm2514633d2_ex99dii005.jpg) | 4 | ![](tm2514633d2_ex99dii006.jpg) |
| Effect on the Policy | ![](tm2514633d2_ex99dii005.jpg) | 7 | ![](tm2514633d2_ex99dii006.jpg) | Survivor | ![](tm2514633d2_ex99dii005.jpg) | 4 | ![](tm2514633d2_ex99dii006.jpg) |
| Effective Date | ![](tm2514633d2_ex99dii005.jpg) | 10 | ![](tm2514633d2_ex99dii006.jpg) | Terminal Illness | ![](tm2514633d2_ex99dii005.jpg) | 4 | ![](tm2514633d2_ex99dii006.jpg) |
| Election of Benefit Proceeds | ![](tm2514633d2_ex99dii005.jpg) | 6 | ![](tm2514633d2_ex99dii006.jpg) | Terminal Illness Benefit | ![](tm2514633d2_ex99dii005.jpg) | 4 | ![](tm2514633d2_ex99dii006.jpg) |
| Eligibility Conditions | ![](tm2514633d2_ex99dii005.jpg) | 5 | ![](tm2514633d2_ex99dii006.jpg) | Terminal Illness Benefit Proceeds | ![](tm2514633d2_ex99dii005.jpg) | 5 | ![](tm2514633d2_ex99dii006.jpg) |
| Immediate Family Member | ![](tm2514633d2_ex99dii005.jpg) | 3 | ![](tm2514633d2_ex99dii006.jpg) | Terminal Illness Eligible Coverage | ![](tm2514633d2_ex99dii005.jpg) | 4 | ![](tm2514633d2_ex99dii006.jpg) |
| Incontestability | ![](tm2514633d2_ex99dii005.jpg) | 10 | ![](tm2514633d2_ex99dii006.jpg) | Terminally Ill Individual | ![](tm2514633d2_ex99dii005.jpg) | 4 | ![](tm2514633d2_ex99dii006.jpg) |
| Initial Eligible Amount | ![](tm2514633d2_ex99dii005.jpg) | 3 | ![](tm2514633d2_ex99dii006.jpg) |  | ![](tm2514633d2_ex99dii005.jpg) |  | ![](tm2514633d2_ex99dii006.jpg) |
|  | ![](tm2514633d2_ex99dii005.jpg) |  | ![](tm2514633d2_ex99dii006.jpg) |  | ![](tm2514633d2_ex99dii005.jpg) |  | ![](tm2514633d2_ex99dii006.jpg) |

---

ICC18 R18ADB <br> Page [11] of [11]

## Ex-99.(D)(Ii)(A)

**Exhibit 99.(d)(ii)(a)**

POLICY NUMBER: [VF99999990]

POLICY SPECIFICATIONS

**Summary of Coverages Effective on the Policy Date**

------

---

| | | |
|:---|:---|:---|
| R18ADB | Accelerated Death Benefit Rider For Chronic and Terminal Illness | Accelerated Death Benefit Rider For Chronic and Terminal Illness |
| S18ADB |  |  |
|  | Chronic Illness Benefit: |  |
|  | Eligible Insured: | [John Doe] |
|  | [Eligible Insured: | [Jane Doe]] |
|  | Terminal Illness Benefit: |  |
|  | Eligible Insured: | [John Doe] |
|  | [Eligible Insured: | [Jane Doe]] |
|  | Terminal Illness Eligible Coverage: | [Basic Life Coverage]<br> [SVER Term Insurance – 3 Rider] |
|  |  | [Annual Renewable Term Rider [– Last Survivor]] |
|  |  | [Other] |
|  | [Effective Date: | [November 1, 2018]] |

---

------

[ICC18 S18PIA6] Page [ X ]

POLICY NUMBER: [VF99999990]

POLICY SPECIFICATIONS

**ACCELERATED DEATH BENEFIT RIDER FOR CHRONIC AND TERMINAL ILLNESS**

**Benefit Eligibility and Request for Benefits**

**Eligibility Conditions –** To receive an Accelerated Death Benefit, all of the following conditions must be satisfied:

**1.** The Owner of this Policy must provide a Request for Benefits and a Benefit Form, or the equivalent as
described therein.

**2.** The Insured must provide Certification of Illness that they are either a Chronically Ill Individual or
a Terminally Ill Individual, whichever
applies.

**3.** The Owner must provide us with the written consent of the assignee of record named under the Policy, if
any, or the irrevocable beneficiary named under the Policy, if any.

**4.** There shall be no legal requirement that the benefit be used to meet the claims of creditors, whether in bankruptcy or otherwise,
and there shall be no government agency that requires the benefit to apply for, obtain, or keep a government benefit or entitlement.

**5.** The Chronic or Terminal Illness shall not be the result of attempted suicide, or intentionally self-inflicted injury.

**Accelerated Death Benefit Values and Payments**

---

| | |
|:---|:---|
| **Accelerated Death Benefit Interest Rate:** | This will not exceed the greater of (a or b), where: |
|  | a = The current yield on the ninety-day Treasury bill; and |
|  | b = The maximum fixed annual rate of 8% in arrears or a variable rate determined in accordance with the NAIC Model Policy Loan Interest Rate Bill model #590. |
|  | **Chronic Illness Benefit Proceeds** |
| **Maximum Lifetime Chronic Illness Benefit:** | [$1,500,000.00]\* |
|  | \*The Maximum Lifetime Chronic Illness Benefit will not exceed the actual Death Benefit at the time of Rider exercise. |
| **Maximum Per Diem Limit Percentage:** | [125%] |
| **Chronic Illness Benefit Proceeds:** | Chronic Illness Benefit Proceeds are equal to<br> a – (b × c) – (d × c), where: |
|  | a = the Chronic Illness Benefit; |
|  | b = the Policy Debt prior to the payment of the Chronic Illness Benefit; |
|  | c = the Chronic Illness Acceleration Percentage; and |
|  | d = the sum of any Monthly Deductions that are due and unpaid prior to the payment of the Chronic Illness Benefit, if the Policy is in the Grace Period. |
| **Chronic Illness Acceleration Percentage:** | This is equal to (a ÷ b), where: |
|  | a = The Chronic Illness Benefit; and |
|  | b = The Chronic Illness Reduction Factor multiplied by the Death Benefit on the Benefit Payment Date. |

---

ICC18 S18ADB Page [ X ]

POLICY NUMBER: [VF99999990]

POLICY SPECIFICATIONS

---

| | | | |
|:---|:---|:---|:---|
| **Chronic Illness Reduction Factor:** | &nbsp;&nbsp;This is equal to (c + d) ÷ e, where: | &nbsp;&nbsp;This is equal to (c + d) ÷ e, where: | &nbsp;&nbsp;This is equal to (c + d) ÷ e, where: |
|  | &nbsp;&nbsp;&nbsp;c = 100% of the Cash Surrender Value immediately prior to the benefit payment; | &nbsp;&nbsp;&nbsp;c = 100% of the Cash Surrender Value immediately prior to the benefit payment; | &nbsp;&nbsp;&nbsp;c = 100% of the Cash Surrender Value immediately prior to the benefit payment; |
|  | &nbsp;&nbsp;&nbsp;d = The Chronic Illness Risk Factor times the result of the Death Benefit less the greater of zero or the Accumulated Value immediately prior to the benefit payment; and | &nbsp;&nbsp;&nbsp;d = The Chronic Illness Risk Factor times the result of the Death Benefit less the greater of zero or the Accumulated Value immediately prior to the benefit payment; and | &nbsp;&nbsp;&nbsp;d = The Chronic Illness Risk Factor times the result of the Death Benefit less the greater of zero or the Accumulated Value immediately prior to the benefit payment; and |
|  | &nbsp;&nbsp;&nbsp;e = The Death Benefit. | &nbsp;&nbsp;&nbsp;e = The Death Benefit. | &nbsp;&nbsp;&nbsp;e = The Death Benefit. |
| **Annual Benefit Proceeds** | &nbsp;&nbsp;Minimum Annual Chronic Illness Benefit Amount: | &nbsp;&nbsp;$[5,000]\* | &nbsp;&nbsp;$[5,000]\* |
|  |  | &nbsp;&nbsp;\*If the Maximum Annual Chronic Illness Benefit Amount as calculated below is less than [$5,000], we will not process payment of proceeds. | &nbsp;&nbsp;\*If the Maximum Annual Chronic Illness Benefit Amount as calculated below is less than [$5,000], we will not process payment of proceeds. |
|  | &nbsp;&nbsp;Maximum Annual Chronic Illness Benefit Amount: | &nbsp;&nbsp;This is the lesser of: | &nbsp;&nbsp;This is the lesser of: |
|  |  | &nbsp;&nbsp;1. | The Annual Per Diem Limitation; or |
|  |  | &nbsp;&nbsp;2. | The Chronic Illness Reduction Factor, multiplied by the Eligible Accelerated Annual Chronic Illness Death Benefit. |
|  | &nbsp;&nbsp;Eligible Accelerated Annual Chronic Illness Benefit: | &nbsp;&nbsp;As of the Benefit Payment Date, the Eligible Accelerated Annual Chronic Illness Benefit is the lesser of the following values: | &nbsp;&nbsp;As of the Benefit Payment Date, the Eligible Accelerated Annual Chronic Illness Benefit is the lesser of the following values: |
|  |  | &nbsp;&nbsp;1. | 24% of the Initial Eligible Amount; |
|  |  | &nbsp;&nbsp;2. | The amount of the Maximum Lifetime Chronic Illness Benefit in excess of the Total Accelerated Chronic Illness Benefit, or; |
|  |  | &nbsp;&nbsp;3. | The Death Benefit. |
| **Monthly Benefit Proceeds** | &nbsp;&nbsp;Minimum Monthly Chronic Illness Benefit Amount: | &nbsp;&nbsp;$[500]\* | &nbsp;&nbsp;$[500]\* |
|  |  | &nbsp;&nbsp;\*If the Maximum Monthly Chronic Illness Benefit Amount as calculated below is less than [$500], we will not process payment of proceeds. | &nbsp;&nbsp;\*If the Maximum Monthly Chronic Illness Benefit Amount as calculated below is less than [$500], we will not process payment of proceeds. |
|  | &nbsp;&nbsp;Maximum Monthly Chronic Illness Benefit Amount: | &nbsp;&nbsp;This is the lesser of: | &nbsp;&nbsp;This is the lesser of: |
|  |  | &nbsp;&nbsp;1. | The Monthly Per Diem Limitation; or |
|  |  | &nbsp;&nbsp;2. | The Chronic Illness Reduction Factor multiplied by the Eligible Accelerated Monthly Death Benefit. |
|  | &nbsp;&nbsp;Eligible Accelerated Monthly Chronic Illness Benefit: | &nbsp;&nbsp;As of each Benefit Payment Date, this is the lesser of the following values: | &nbsp;&nbsp;As of each Benefit Payment Date, this is the lesser of the following values: |
|  |  | &nbsp;&nbsp;1. | [2]% of the Initial Eligible Amount; or |
|  |  | &nbsp;&nbsp;2. | The amount of the Maximum Lifetime Chronic Illness Benefit in excess of the Total Accelerated Chronic Illness Benefit; or |
|  |  | &nbsp;&nbsp;3. | The Death Benefit. |
| **Chronic Illness Risk Factor:** | &nbsp;&nbsp;This will vary based on the Insured's attained Age, sex and Risk Class, as well as the Accelerated Death Benefit Interest Rate, and a mortality table for disabled lives declared by us. The Chronic Illness Risk Factor will never be less than zero. | &nbsp;&nbsp;This will vary based on the Insured's attained Age, sex and Risk Class, as well as the Accelerated Death Benefit Interest Rate, and a mortality table for disabled lives declared by us. The Chronic Illness Risk Factor will never be less than zero. | &nbsp;&nbsp;This will vary based on the Insured's attained Age, sex and Risk Class, as well as the Accelerated Death Benefit Interest Rate, and a mortality table for disabled lives declared by us. The Chronic Illness Risk Factor will never be less than zero. |

---

ICC18 S18ADB Page [ X ]

POLICY NUMBER: [VF99999990]

POLICY SPECIFICATIONS

**Terminal Illness Benefit Proceeds**

---

| | |
|:---|:---|
| **Terminal Illness Benefit Proceeds**: | &nbsp;&nbsp;Terminal Illness Benefit Proceeds are equal to (b × c + a) × d - (e × d) - f where: |
|  | &nbsp;&nbsp;a = The greater of Cash Surrender Value or zero; |
|  | &nbsp;&nbsp;b = The Death Benefit less a, as defined above; |
|  | &nbsp;&nbsp;c = The Terminal Illness Reduction Factor |
|  | &nbsp;&nbsp;d = The Terminal Illness Acceleration Percentage; |
|  | &nbsp;&nbsp;e = Any Policy Debt prior to the payment of the Terminal Illness Benefit; and |
|  | &nbsp;&nbsp;f = A processing charge not to exceed the Maximum Processing Charge. |
|  | &nbsp;&nbsp;Should death of the Insured occur within 30 days of payment of the Terminal Illness Benefits, we will refund an amount equal to b × (1 - c) × d. The processing charge (f) will also be refunded. |
| **Terminal Illness Acceleration Percentage:** | &nbsp;&nbsp;This is equal to (a ÷ b), where: |
|  | &nbsp;&nbsp;a = The Terminal Illness Benefit; and |
|  | &nbsp;&nbsp;b = The Eligible Coverage on the Benefit Payment Date. |
| **Maximum Processing Charge:** | &nbsp;&nbsp;$[100] |
| **Terminal Illness Reduction Factor:** | &nbsp;&nbsp;This is equal to (c ÷ d), where: |
|  | &nbsp;&nbsp;c = 1; and |
|  | &nbsp;&nbsp;d = 1 plus the Accelerated Death Benefit Interest Rate. |
| **Minimum Terminal Illness Benefit:** | &nbsp;&nbsp;This is equal to the lesser of $[500] or [25]% of the Face Amount of the Policy. |
| **Terminal Illness Benefit Limitation:** | &nbsp;&nbsp;The Terminal Illness Benefit is limited to the lesser of [75]% of the Eligible Coverage or $[250,000] as applicable. |

---

ICC18 S18ADB Page [ X ]

## Ex-99.(D)(Iii)

**Exhibit 99.(d)(iii)**

**FLEXIBLE DURATION NO-LAPSE GUARANTEE RIDER**

This rider ("Rider") becomes a part of the policy to which it is attached ("Policy"). If the provisions of this Rider and those of the Policy do not agree, the provisions of this Rider will apply. **Please read it carefully.** Definitions used in this Rider and in the Policy are capitalized and incorporated in the Rider provisions below.

· **Although this Rider includes a "No-Lapse Guarantee," this does not mean the Policy to which this Rider is attached will never lapse. The No-Lapse Guarantee will keep the Policy In Force only while the No-Lapse Guarantee is in effect.** 

· **Additional premium payments may be required to keep the Policy In Force if the No-Lapse Guarantee is not in effect.** 

· **The growth of the No-Lapse Guarantee Value depends in part on the timing and number of premium payments, and similarly, the timing and amount of other financial transactions such as requested or required withdrawals, Policy loan requests and Loan Repayments. Any changes to the timing and amount of such transactions will affect the duration of the No-Lapse Guarantee provided by this Rider.** 

· **Any modification to your Policy coverage or benefits may affect the duration of the No-Lapse Guarantee provided by this Rider.** 

· **Differences between planned activities and actual activities may have a cumulative effect on the duration of the No-Lapse Guarantee provided by this Rider.** 

· **We suggest reviewing the Policy's performance periodically and before making any changes to the Policy.** 

**THE NO-LAPSE GUARANTEE**

**No-Lapse Guarantee** **–** The No-Lapse Guarantee is in effect when the Net No-Lapse Guarantee Value is greater than zero. While the No-Lapse Guarantee is in effect, the Policy and any attached benefits that are currently In Force will remain In Force according to their terms, even if there is insufficient Net Accumulated Value to cover the Monthly Deductions due. If the No-Lapse Guarantee is in effect, the Policy will not enter the Grace Period.

**NOTE: The No-Lapse Guarantee Value is tracked solely for the purpose of administering this Rider. In particular, the No-Lapse Guarantee Value does not add to cash values, values that may be withdrawn or loaned against, the Death Benefit, or any other benefit under the Policy.**

**No-Lapse Guarantee Value** **–** The No-Lapse Guarantee Value is equal to the Basic Fund Value plus the Excess Fund Value plus the No-Lapse Guarantee Loan Account Value.

**Net No-Lapse Guarantee Value** **–** The Net No-Lapse Guarantee Value is equal to the No-Lapse Guarantee Value less any Policy Debt.

**Restoring the Net No-Lapse Guarantee Value** **–** When the Net No-Lapse Guarantee Value is negative, the No-Lapse Guarantee is not in effect and the Policy may enter the Grace Period. If sufficient Premium is not received during the Grace Period, the Policy and this Rider will Lapse. To maintain the benefits of this Rider and prevent the Policy from entering the Grace Period, we must receive a Premium payment or Loan Repayment sufficient to restore the Net No-Lapse Guarantee Value to positive.

**No-Lapse Guarantee Loan Account Value** **–** The No-Lapse Guarantee Loan Account Value is equal to the Loan Account Value, plus any alternate loans taken, if applicable, less any alternate loan repayment.

Policy Loans, Loan Repayments, and Loan Interest will be processed under the terms of the Policy or under the terms of an alternate loan rider, whichever apply. The No-Lapse Guarantee Loan Account Value will increase if the Policy's Loan Account Value increases or an alternate loan is taken. The No-

ICC25 R25FNL [Page 1]

Lapse Guarantee Loan Account Value will decrease if the Policy's Loan Account Value decreases or an alternate loan is repaid.

**BASIC FUND VALUE AND EXCESS FUND VALUE**

The Basic Fund Value and the Excess Fund Value are adjusted as follows:

· Premium payments increase the Basic Fund Value and/or the Excess Fund Value, as described in the Premium
Payment provision of this Rider;

· No-Lapse Monthly Deductions reduce the Excess Fund Value first, and then the Basic Fund Value;

· Any requested or required Withdrawal and any transactional Policy fees and charges, such as those associated
with a Withdrawal, reduce the Excess Fund Value first, and then the Basic Fund Value;

· Any loans will reduce the Excess Fund Value first, and then the Basic Fund Value;

· Loan Repayments and any loan interest credited to the Fixed Account Value will first increase the Basic
Fund Value to zero if it is negative, but otherwise increase the Excess Fund Value;

· Basic Fund Accumulation Amounts are added to the Basic Fund Value;

· Excess Fund Accumulation Amounts are added to the Excess Fund Value; and

· Any reduction for benefits paid since the prior day as described in certain riders attached to the Policy.

The Basic Fund Accumulation Factor that is used to calculate the Basic Fund Accumulation Amount will be greater than or equal to the Excess Fund Accumulation Factor that is used to calculate the Excess Fund Accumulation Amount. While deductions may cause the Basic Fund Value to become negative, the Excess Fund Value will never be less than zero.

**PROCESSING PREMIUM PAYMENT**

**Premium Payment** **–** On the date received, each premium payment is categorized in part or in whole as Basic Premium or Excess Premium as described below.

**Basic Premium** **–** Basic Premium is equal to that portion of each premium payment received in a Policy year up to the greater of the two amounts listed below:

· Any premium that is sufficient to restore the Basic Fund Value to zero if the Basic Fund Value is negative;
and

· The Annual Premium Threshold less the sum of all prior Basic Premium in the current Policy year.

**Net Basic Premium** **–** Net Basic Premium is equal to the Basic Premium reduced by its share of the No-Lapse Premium Load.

**Excess Premium –** Excess Premium is equal to that portion of each premium payment received in a Policy year in excess of the Basic Premium.

**Net Excess Premium –** Net Excess Premium is equal to the Excess Premium reduced by its share of the No-Lapse Premium Load and by the Excess Premium Load.

**Processing of Premium –** In the first Policy year, Processing of Premium is done as described in the Policy Specifications. After the first Policy year, Net Basic Premium is added to the Basic Fund Value and Net Excess Premium is added to the Excess Fund Value.

**No-Lapse Premium Load –** The No-Lapse Premium Load is equal to the premium payment multiplied by the No-Lapse Premium Load Rate shown in the Policy Specifications for the Policy year in which the premium payment is received.

ICC25 R25FNL [Page 2]

**Excess Premium Load –** The Excess Premium Load is equal to the Excess Premium multiplied by the Excess Premium Load Rate shown in the Policy Specifications for the Policy year in which the Excess Premium is received.

**Annual Premium Threshold –** The Annual Premium Threshold is an amount for each Policy year above which any premium payment is considered Excess Premium unless that premium is used to restore the Basic Fund Value to zero. The Annual Premium Threshold is shown in the Policy Specifications. If a Policy change causes the Annual Premium Threshold to be recalculated, any premium payment received on or after the effective date of the Policy change will be applied to the revised Annual Premium Threshold. The revised Policy Specifications sent to the Address on Record upon the Policy change will include the revised Annual Premium Threshold amounts for the current and future years.

**NO-LAPSE DEDUCTIONS**

**No-Lapse Monthly Deduction** **–** The No-Lapse Monthly Deduction for a Policy month is calculated on each Monthly Payment Date and is equal to the sum of the following items:

· The No-Lapse Administrative Charge shown in the Policy Specifications;

· The No-Lapse Cost of Insurance Charge;

· The No-Lapse Coverage Charge; and

· The Optional Benefit Charges, if any.

**No-Lapse Cost of Insurance Charge –** The No-Lapse Cost of Insurance Charge is calculated on each Monthly Payment Date as shown in the Policy Specifications.

**No-Lapse Coverage Charge** **–** The No-Lapse Coverage Charge is the sum of the No-Lapse Coverage Charges for all Coverage Layers. The No-Lapse Coverage Charges for the initial Coverage Layers are shown in the Policy Specifications.

**Optional Benefit Charges –** The Optional Benefit Charges are equal to the sum of the charges, if any, for each optional benefit attached to the Policy, according to their terms. The charge for each such benefit is described in the specifications associated with that benefit.

**ACCUMULATION AMOUNTS**

**Basic Fund Accumulation Amount –** The Basic Fund Accumulation Amount is the Basic Fund Value at the beginning of the month, adjusted for Net Basic Premium, No-Lapse Monthly Deductions, Withdrawals or other distributions of Policy Value, and Loan Request and Loan Repayments; multiplied by the Basic Fund Accumulation Factor, shown in the Policy Specifications, for the applicable Policy year. The Basic Fund Accumulation Amount, which may be negative, is added to the Basic Fund Value on each Monthly Payment Date.

**Excess Fund Accumulation Amount –** The Excess Fund Accumulation Amount is the Excess Fund Value at the beginning of the month, adjusted for Net Excess Premium, No-Lapse Monthly Deductions, Withdrawals or other distributions of Policy Value, and Loan Request and Loan Repayments; multiplied by the Excess Fund Accumulation Factor, shown in the Policy Specifications, for the applicable Policy year. The Excess Fund Accumulation Amount is added to the Excess Fund Value on each Monthly Payment Date.

**EFFECT OF THE RIDER ON THE POLICY**

**Grace Period –** When the Net No-Lapse Guarantee Value is negative, the No-Lapse Guarantee is not in effect. Consequently, the Policy may enter the Grace Period. A Grace Period of 61 days will be allowed, during which you must either restore the Net No-Lapse Guarantee Value (see **Restoring the Net No-**

ICC25 R25FNL [Page 3]

**Lapse Guarantee Value**) or you must provide payment of sufficient Loan Repayment or premium to keep your Policy In Force as described in the Grace Period provision of your Policy. The Grace Period begins on the Monthly Payment Date on which the insufficiency occurred and ends 61 days thereafter. At the start of the Grace Period, we will provide a grace notice to you, any assignee of record, and any additional person designated to receive notice of lapse or termination. Sufficient premiums that are sent to us by United States mail and postmarked within the Grace Period will be accepted. There is no penalty for paying a premium during the Grace Period. Your Policy will remain In Force during the Grace Period.

**Net Accumulated Value** **–** The Net Accumulated Value is equal to the Policy's Accumulated Value less any Policy Debt. When the Policy is continued under the No-Lapse Guarantee, the Net Accumulated Value is less than or equal to zero. As a result, the Policy has no Net Accumulated Value from which Monthly Deductions can be collected. Any such uncollected amounts are accumulated without interest as the Net Accumulated Value becomes negative.

Note that although the Policy's Accumulated Value can be less than zero due to uncollected Monthly Deductions, when the Policy's Accumulated Value is used in calculating the Policy's Net Amount at Risk and Death Benefit, it is assumed to never be less than zero.

**Restoring the Net Accumulated Value** **–** To restore a negative Net Accumulated Value of the Policy to a positive value, you will first need to make a premium payment or Loan Repayment sufficient to pay off such uncollected amounts. Any such premium payment and any credit to the Policy Value under the terms of your Policy, when the Policy is continued under the No-Lapse Guarantee, will first be used to cover any uncollected Monthly Deductions. Any excess premium payment and credit to the Policy Value will then be applied to the Accumulated Value. All premium payments will be subject to Premium Loads as described in your Policy.

**Rider Charge –** Charges for this Rider, if any, are described in the Policy Specifications.

**EFFECT OF ALL POLICY TYPES ON THE RIDER**

**Policy Changes and the No-Lapse Guarantee** **–** Policy changes, including changes to your Policy's Face Amount and changes in the benefits attached to your Policy, may affect the Flexible Duration No-Lapse Guarantee Rider Factors shown in the Policy Specifications. Any changes in the Rider Factors will be sent to the Address on Record, at the time of the Policy change. Because changes in the Rider Factors will affect the duration of the No-Lapse Guarantee provided by this Rider, we suggest reviewing an updated quote or illustration before making any Policy changes.

**EFFECT OF A VARIABLE POLICY ON THE RIDER**

**Asset Allocation Requirement** **–** If this Rider is attached to a Variable Policy, to be eligible for this Rider, allocations to the Investment Options must be in an allowable Fixed or Variable Option or other Options we designate. Not all Investment Options may be used with this Rider. The allowable Investment Options are evaluated periodically (generally, annually). As a result of this periodic analysis, the available allowable Investment Options for this Rider may change, resulting in a change to the allowable allocations, and potentially to the underlying Variable Options, in which case you must reallocate your Accumulated Value to another allowable Investment Option in order to keep this Rider In Force. You may contact us to find out which Individual Investment Options are available at any given time for the purpose of this requirement.

You need to determine which allowable Investment Options are best suited to your financial needs, investment time horizon, and investment risk tolerance. You should periodically review these factors to determine if you should change Investment Options to keep up with changes in your personal circumstances.

If any allocation is made to an Investment Option other than an allowable Investment Option, this Rider will terminate, and benefits will be no longer be provided by this Rider.

ICC25 R25FNL [Page 4]

**GENERAL PROVISIONS OF THIS RIDER**

**Benefits Attached to Policy At Issue** **–** If the Policy is continued under the No-Lapse Guarantee, any attached benefits will remain In Force or terminate according to their terms.

**Effective Date –** This Rider is In Force on the Policy Date and stays In Force until it terminates as described in the Rider Termination provision.

**Changes in Face Amount –** Certain Face Amount increases may not be permitted while this Rider is In Force. See Changes in Face Amount in the Policy Specifications to determine if a Face Amount increase is permitted after the Effective Date of this Rider.

**Rider Reinstatement –** Rider Reinstatement is described in the Policy Specifications.

**Rider Termination** **–** Rider Termination conditions are described in the Policy Specifications.

**Effect of Additional Benefits on Rider Provisions –** Your Policy may include additional benefits that were added by rider or endorsement. These rider and endorsement forms may include provisions that replace or amend provisions in this contract. Alternatively, the provisions in this Rider may replace or amend provisions in additional benefits that were added by rider or endorsement. **Please read your entire Policy, including all riders and other forms carefully.**

**Conformity with IIPRC Standards –** This Rider was approved under the authority of the IIPRC and issued under the IIPRC standards. If there is any Rider provision that conflicts with any IIPRC standards in effect as of the date this Rider is approved by the IIPRC, then that provision is amended to conform to the applicable IIPRC standard in effect on the date of such approval.

Signed for Pacific Life Insurance Company,

---

| | | | |
|:---|:---|:---|:---|
| ![](tm2514633d2_ex99-diiiimg004.jpg) | ![](tm2514633d2_ex99-diiiimg002.jpg) | ![](tm2514633d2_ex99-diiiimg003.jpg) | ![](tm2514633d2_ex99-diiiimg001.jpg) |
|  | President & CEO | Secretary |  |

---

[www.PacificLife.com] [(800) 347-7787]

ICC25 R25FNL [Page 5]

## Ex-99.(D)(Iii)(A)

**Exhibit 99.(d)(iii)(a)**

POLICY NUMBER: [XXXXXXXXXX]

**POLICY SPECIFICATIONS**

[**EFFECTS OF THE RIDER ON THE POLICY**

**Rider Charge –** On each Monthly Payment Date prior to the Monthly Deduction End Date, a Rider Charge is deducted from the Policy's [Fixed Account] Value as a Monthly Deduction.

The Rider Charge is equal to (a x b), where:

a = The applicable Monthly Rider Charge Rate; and

b = The Net Amount at Risk divided by 1000.

The Maximum Monthly Rider Charge Rates are shown in the table(s) below. We reserve the right to charge rates that are lower than the maximums shown. Any lower Monthly Rider Charge Rates will apply uniformly to all members of the same Class.

This Rider Charge is not an Optional Benefit Charge for purposes of determining the No-Lapse Monthly Deduction and does not reduce the No-Lapse Guarantee Value.]

**PROCESSING OF PREMIUM**

[In the first Policy year, Net Basic Premium and Net Excess Premium are added to the Basic Fund.]

**NO-LAPSE MONTHLY DEDUCTIONS**

**No-Lapse Administrative Charge:** $[10.00] per month

**No-Lapse Cost of Insurance Charge –** The No-Lapse Cost of Insurance Charge is the sum of the No-Lapse Cost of Insurance Charges for all Coverage Layers. The No-Lapse Cost of Insurance Charge for each Coverage Layer is equal to equal to (c x d), where:

c = The No-Lapse Cost of Insurance Rate for the Coverage Layer; and

d = The No-Lapse Guarantee Net Amount at Risk divided by 1000, allocated to the Coverage Layer.

The No-Lapse Cost of Insurance Rates for the initial Coverage Layer(s) are shown in the table(s) below.

**No-Lapse Guarantee Net Amount at Risk –** The No-Lapse Guarantee Net Amount at Risk is the Death Benefit (calculated according to Your Policy's provisions but using the No-Lapse Guarantee Value instead of the Policy's Accumulated Value), divided by the Net Amount at Risk Factor shown in the Policy Specifications, less the No-Lapse Guarantee Value. If there are multiple Coverage Layers, the No-Lapse Guarantee Net Amount at Risk is allocated proportionately to each Coverage Layer relative to the Total Face Amount.

**GENERAL PROVISIONS OF THIS RIDER**

**Changes in Face Amount –** [You may request a Face Amount Increase while this Rider is In Force; however, any such increase will result in the termination of this Rider.]

**Rider Reinstatement –** This Rider may not be reinstated if it was terminated before the date the Policy ceased to be In Force. Otherwise, this Rider will be reinstated on the date that the Policy is reinstated. The No-Lapse Guarantee Value will be set equal to the Net No-Lapse Guarantee Value on the date the Policy ceased to be In Force. The Policy loan, if any, will not be reinstated. If the Net No- Lapse Guarantee Value remains negative, then the No-Lapse Guarantee is not in effect. To bring the No-Lapse Guarantee into effect, You may restore the Net No-Lapse Guarantee Value as described in the

**Restoring the Net No-Lapse Guarantee Value** provision of this Rider.

**Rider Termination –** This Rider will terminate on the earliest of the following:

ICC25 S25FNL Page [1]

POLICY NUMBER: [XXXXXXXXXX]

**POLICY SPECIFICATIONS**

· Your Written Request;

· The date the Policy ceases to be In Force;

· When applicable to the Policy, allocation of funds into an Investment Option that is not allowed;

· [Upon electing an increase in Face Amount;]

· The date on which the Net No-Lapse Guarantee Value and the Net Accumulated Value are both less than or
equal to zero. If this occurs, the Policy will enter its Grace Period. At the end of the Grace Period, the Policy will terminate, and
this Rider will provide no further benefits.

Upon Rider Termination, the No- Lapse Guarantee Value is set to zero and will remain at zero. At that time, Rider Charges cease and will no longer be deducted from the Policy's [Fixed Account] Value.

ICC25 S25FNL Page [2]

POLICY NUMBER: [XXXXXXXXXX]

**POLICY SPECIFICATIONS**

**FLEXIBLE DURATION NO-LAPSE GUARANTEE RIDER FACTORS**

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | Annual | &nbsp;&nbsp;No-Lapse | &nbsp;&nbsp;Excess |  | Annual | &nbsp;&nbsp;No-Lapse | &nbsp;&nbsp;Excess |
| &nbsp;&nbsp;Policy | Premium | &nbsp;&nbsp;Premium | &nbsp;&nbsp;Premium | &nbsp;&nbsp;Policy | Premium | &nbsp;&nbsp;Premium | &nbsp;&nbsp;Premium |
| &nbsp;&nbsp;Year | Threshold | &nbsp;&nbsp;Load Rate\* | &nbsp;&nbsp;Load Rate | &nbsp;&nbsp;Year | Threshold | &nbsp;&nbsp;Load Rate\* | &nbsp;&nbsp;Load Rate |
| &nbsp;&nbsp;1 | &nbsp;&nbsp;$[4,331.35 | &nbsp;&nbsp;[5.20% | &nbsp;&nbsp;[10.00% | &nbsp;&nbsp;44 | &nbsp;&nbsp;3971.75 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% |
| &nbsp;&nbsp;2 | &nbsp;&nbsp;4331.35 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% | &nbsp;&nbsp;45 | &nbsp;&nbsp;4398.35 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% |
| &nbsp;&nbsp;3 | &nbsp;&nbsp;4331.35 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% | &nbsp;&nbsp;46 | &nbsp;&nbsp;4887.82 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% |
| &nbsp;&nbsp;4 | &nbsp;&nbsp;4331.35 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% | &nbsp;&nbsp;47 | &nbsp;&nbsp;5461.01 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% |
| &nbsp;&nbsp;5 | &nbsp;&nbsp;4331.35 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% | &nbsp;&nbsp;48 | &nbsp;&nbsp;6123.78 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% |
| &nbsp;&nbsp;6 | &nbsp;&nbsp;3683.20 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% | &nbsp;&nbsp;49 | &nbsp;&nbsp;6875.83 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% |
| &nbsp;&nbsp;7 | &nbsp;&nbsp;3221.18 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% | &nbsp;&nbsp;50 | &nbsp;&nbsp;7747.00 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% |
| &nbsp;&nbsp;8 | &nbsp;&nbsp;2875.51 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% | &nbsp;&nbsp;51 | &nbsp;&nbsp;8787.15 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% |
| &nbsp;&nbsp;9 | &nbsp;&nbsp;2607.43 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% | &nbsp;&nbsp;52 | &nbsp;&nbsp;10212.95 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% |
| &nbsp;&nbsp;10 | &nbsp;&nbsp;2393.66 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% | &nbsp;&nbsp;53 | &nbsp;&nbsp;11859.26 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% |
| &nbsp;&nbsp;11 | &nbsp;&nbsp;2219.38 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% | &nbsp;&nbsp;54 | &nbsp;&nbsp;13774.04 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% |
| &nbsp;&nbsp;12 | &nbsp;&nbsp;2074.70 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% | &nbsp;&nbsp;55 | &nbsp;&nbsp;15920.72 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% |
| &nbsp;&nbsp;13 | &nbsp;&nbsp;1952.80 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% | &nbsp;&nbsp;56 | &nbsp;&nbsp;18356.58 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% |
| &nbsp;&nbsp;14 | &nbsp;&nbsp;1848.80 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% | &nbsp;&nbsp;57 | &nbsp;&nbsp;21045.04 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% |
| &nbsp;&nbsp;15 | &nbsp;&nbsp;1759.13 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% | &nbsp;&nbsp;58 | &nbsp;&nbsp;23823.58 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% |
| &nbsp;&nbsp;16 | &nbsp;&nbsp;1681.11 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% | &nbsp;&nbsp;59 | &nbsp;&nbsp;26589.76 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% |
| &nbsp;&nbsp;17 | &nbsp;&nbsp;1612.67 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% | &nbsp;&nbsp;60 | &nbsp;&nbsp;29117.78 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% |
| &nbsp;&nbsp;18 | &nbsp;&nbsp;1552.22 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% | &nbsp;&nbsp;61 | &nbsp;&nbsp;31347.07 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% |
| &nbsp;&nbsp;19 | &nbsp;&nbsp;1498.49 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% | &nbsp;&nbsp;62 | &nbsp;&nbsp;34153.40 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% |
| &nbsp;&nbsp;20 | &nbsp;&nbsp;1450.50 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% | &nbsp;&nbsp;63 | &nbsp;&nbsp;37112.39 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% |
| &nbsp;&nbsp;21 | &nbsp;&nbsp;1407.42 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% | &nbsp;&nbsp;64 | &nbsp;&nbsp;40272.16 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% |
| &nbsp;&nbsp;22 | &nbsp;&nbsp;1368.60 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% | &nbsp;&nbsp;65 | &nbsp;&nbsp;43087.65 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% |
| &nbsp;&nbsp;23 | &nbsp;&nbsp;1333.48 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% | &nbsp;&nbsp;66 | &nbsp;&nbsp;45847.08 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% |
| &nbsp;&nbsp;24 | &nbsp;&nbsp;1301.61 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% | &nbsp;&nbsp;67 | &nbsp;&nbsp;48403.56 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% |
| &nbsp;&nbsp;25 | &nbsp;&nbsp;1272.60 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% | &nbsp;&nbsp;68 | &nbsp;&nbsp;50913.12 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% |
| &nbsp;&nbsp;26 | &nbsp;&nbsp;1246.11 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% | &nbsp;&nbsp;69 | &nbsp;&nbsp;53330.03 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% |
| &nbsp;&nbsp;27 | &nbsp;&nbsp;1221.87 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% | &nbsp;&nbsp;70 | &nbsp;&nbsp;55613.62 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% |
| &nbsp;&nbsp;28 | &nbsp;&nbsp;1199.64 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% | &nbsp;&nbsp;71 | &nbsp;&nbsp;57725.08 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% |
| &nbsp;&nbsp;29 | &nbsp;&nbsp;1179.22 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% | &nbsp;&nbsp;72 | &nbsp;&nbsp;59632.84 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% |
| &nbsp;&nbsp;30 | &nbsp;&nbsp;1160.44 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% | &nbsp;&nbsp;73 | &nbsp;&nbsp;62319.46 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% |
| &nbsp;&nbsp;31 | &nbsp;&nbsp;1193.98 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% | &nbsp;&nbsp;74 | &nbsp;&nbsp;65091.96 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% |
| &nbsp;&nbsp;32 | &nbsp;&nbsp;1298.10 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% | &nbsp;&nbsp;75 | &nbsp;&nbsp;67949.86 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% |
| &nbsp;&nbsp;33 | &nbsp;&nbsp;1411.33 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% | &nbsp;&nbsp;76 | &nbsp;&nbsp;70888.57 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% |
| &nbsp;&nbsp;34 | &nbsp;&nbsp;1530.32 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% | &nbsp;&nbsp;77 | &nbsp;&nbsp;73906.08 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% |
| &nbsp;&nbsp;35 | &nbsp;&nbsp;1660.40 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% | &nbsp;&nbsp;78 | &nbsp;&nbsp;76325.84 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% |
| &nbsp;&nbsp;36 | &nbsp;&nbsp;1806.10 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% | &nbsp;&nbsp;79 | &nbsp;&nbsp;76325.84 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% |
| &nbsp;&nbsp;37 | &nbsp;&nbsp;1967.13 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% | &nbsp;&nbsp;80 | &nbsp;&nbsp;76325.84 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% |
| &nbsp;&nbsp;38 | &nbsp;&nbsp;2159.56 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% | &nbsp;&nbsp;81 | &nbsp;&nbsp;76325.84 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% |
| &nbsp;&nbsp;39 | &nbsp;&nbsp;2384.88 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% | &nbsp;&nbsp;82 | &nbsp;&nbsp;76325.84 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% |
| &nbsp;&nbsp;40 | &nbsp;&nbsp;2635.42 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% | &nbsp;&nbsp;83 | &nbsp;&nbsp;76325.84 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% |
| &nbsp;&nbsp;41 | &nbsp;&nbsp;2921.26 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% | &nbsp;&nbsp;84 | &nbsp;&nbsp;76325.84 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% |
| &nbsp;&nbsp;42 | &nbsp;&nbsp;3240.87 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% | &nbsp;&nbsp;85 | &nbsp;&nbsp;76325.84 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% |
| &nbsp;&nbsp;43 | &nbsp;&nbsp;3593.27 | &nbsp;&nbsp;5.20% | &nbsp;&nbsp;10.00% | &nbsp;&nbsp;86+ | &nbsp;&nbsp;0] | &nbsp;&nbsp;5.20]% | &nbsp;&nbsp;10.00]% |

---

\*We reserve the right to use a lower No-Lapse Premium Load Rate than shown in this column. If We do, We will do so in a uniform and nondiscriminatory manner.

ICC25 S25FNL Page [3]

POLICY NUMBER: [XXXXXXXXXX]

**POLICY SPECIFICATIONS**

**FLEXIBLE DURATION NO-LAPSE GUARANTEE RIDER FACTORS<br> (continued)**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;Basic | &nbsp;&nbsp;Excess | &nbsp;&nbsp;Policy | &nbsp;&nbsp;Basic | &nbsp;&nbsp;Excess |
| &nbsp;&nbsp;Policy | &nbsp;&nbsp;Accumulation | &nbsp;&nbsp;Accumulation | &nbsp;&nbsp;Year | &nbsp;&nbsp;Accumulation | &nbsp;&nbsp;Accumulation |
| &nbsp;&nbsp;Year | &nbsp;&nbsp;Factor | &nbsp;&nbsp;Factor |  | &nbsp;&nbsp;Factor | &nbsp;&nbsp;Factor |
| &nbsp;&nbsp;1 | &nbsp;&nbsp;[0.003434379 | &nbsp;&nbsp;[0.0008295 | &nbsp;&nbsp;44 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 |
| &nbsp;&nbsp;2 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 | &nbsp;&nbsp;45 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 |
| &nbsp;&nbsp;3 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 | &nbsp;&nbsp;46 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 |
| &nbsp;&nbsp;4 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 | &nbsp;&nbsp;47 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 |
| &nbsp;&nbsp;5 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 | &nbsp;&nbsp;48 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 |
| &nbsp;&nbsp;6 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 | &nbsp;&nbsp;49 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 |
| &nbsp;&nbsp;7 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 | &nbsp;&nbsp;50 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 |
| &nbsp;&nbsp;8 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 | &nbsp;&nbsp;51 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 |
| &nbsp;&nbsp;9 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 | &nbsp;&nbsp;52 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 |
| &nbsp;&nbsp;10 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 | &nbsp;&nbsp;53 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 |
| &nbsp;&nbsp;11 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 | &nbsp;&nbsp;54 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 |
| &nbsp;&nbsp;12 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 | &nbsp;&nbsp;55 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 |
| &nbsp;&nbsp;13 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 | &nbsp;&nbsp;56 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 |
| &nbsp;&nbsp;14 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 | &nbsp;&nbsp;57 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 |
| &nbsp;&nbsp;15 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 | &nbsp;&nbsp;58 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 |
| &nbsp;&nbsp;16 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 | &nbsp;&nbsp;59 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 |
| &nbsp;&nbsp;17 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 | &nbsp;&nbsp;60 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 |
| &nbsp;&nbsp;18 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 | &nbsp;&nbsp;61 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 |
| &nbsp;&nbsp;19 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 | &nbsp;&nbsp;62 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 |
| &nbsp;&nbsp;20 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 | &nbsp;&nbsp;63 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 |
| &nbsp;&nbsp;21 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 | &nbsp;&nbsp;64 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 |
| &nbsp;&nbsp;22 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 | &nbsp;&nbsp;65 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 |
| &nbsp;&nbsp;23 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 | &nbsp;&nbsp;66 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 |
| &nbsp;&nbsp;24 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 | &nbsp;&nbsp;67 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 |
| &nbsp;&nbsp;25 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 | &nbsp;&nbsp;68 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 |
| &nbsp;&nbsp;26 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 | &nbsp;&nbsp;69 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 |
| &nbsp;&nbsp;27 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 | &nbsp;&nbsp;70 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 |
| &nbsp;&nbsp;28 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 | &nbsp;&nbsp;71 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 |
| &nbsp;&nbsp;29 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 | &nbsp;&nbsp;72 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 |
| &nbsp;&nbsp;30 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 | &nbsp;&nbsp;73 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 |
| &nbsp;&nbsp;31 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 | &nbsp;&nbsp;74 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 |
| &nbsp;&nbsp;32 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 | &nbsp;&nbsp;75 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 |
| &nbsp;&nbsp;33 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 | &nbsp;&nbsp;76 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 |
| &nbsp;&nbsp;34 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 | &nbsp;&nbsp;77 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 |
| &nbsp;&nbsp;35 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 | &nbsp;&nbsp;78 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 |
| &nbsp;&nbsp;36 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 | &nbsp;&nbsp;79 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 |
| &nbsp;&nbsp;37 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 | &nbsp;&nbsp;80 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 |
| &nbsp;&nbsp;38 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 | &nbsp;&nbsp;81 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 |
| &nbsp;&nbsp;39 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 | &nbsp;&nbsp;82 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 |
| &nbsp;&nbsp;40 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 | &nbsp;&nbsp;83 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 |
| &nbsp;&nbsp;41 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 | &nbsp;&nbsp;84 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 |
| &nbsp;&nbsp;42 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 | &nbsp;&nbsp;85 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 |
| &nbsp;&nbsp;43 | &nbsp;&nbsp;0.003434379 | &nbsp;&nbsp;0.0008295 | &nbsp;&nbsp;86+ | &nbsp;&nbsp;0.003434379] | &nbsp;&nbsp;0.0008295] |

---

ICC25 S25FNL Page [4]

POLICY NUMBER: [XXXXXXXXXX]

**POLICY SPECIFICATIONS**

**FLEXIBLE DURATION NO-LAPSE GUARANTEE**

**MAXIMUM MONTHLY RIDER CHARGE RATES**

---

| | | | |
|:---|:---|:---|:---|
| Policy | &nbsp;&nbsp;&nbsp;&nbsp;[Maximum Monthly Rider | &nbsp;&nbsp;&nbsp;&nbsp;Policy | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Maximum Monthly |
| Year | &nbsp;&nbsp;&nbsp;&nbsp;Charge Rate | &nbsp;&nbsp;&nbsp;&nbsp;Year | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rider Charge Rate |
| 1 | &nbsp;&nbsp;&nbsp;&nbsp;[0.0261 | &nbsp;&nbsp;&nbsp;&nbsp;44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.0261 |
| 2 | &nbsp;&nbsp;&nbsp;&nbsp;0.0261 | &nbsp;&nbsp;&nbsp;&nbsp;45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.0261 |
| 3 | &nbsp;&nbsp;&nbsp;&nbsp;0.0261 | &nbsp;&nbsp;&nbsp;&nbsp;46 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.0261 |
| 4 | &nbsp;&nbsp;&nbsp;&nbsp;0.0261 | &nbsp;&nbsp;&nbsp;&nbsp;47 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.0261 |
| 5 | &nbsp;&nbsp;&nbsp;&nbsp;0.0261 | &nbsp;&nbsp;&nbsp;&nbsp;48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.0261 |
| 6 | &nbsp;&nbsp;&nbsp;&nbsp;0.0261 | &nbsp;&nbsp;&nbsp;&nbsp;49 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.0261 |
| 7 | &nbsp;&nbsp;&nbsp;&nbsp;0.0261 | &nbsp;&nbsp;&nbsp;&nbsp;50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.0261 |
| 8 | &nbsp;&nbsp;&nbsp;&nbsp;0.0261 | &nbsp;&nbsp;&nbsp;&nbsp;51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.0261 |
| 9 | &nbsp;&nbsp;&nbsp;&nbsp;0.0261 | &nbsp;&nbsp;&nbsp;&nbsp;52 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.0261 |
| 10 | &nbsp;&nbsp;&nbsp;&nbsp;0.0261 | &nbsp;&nbsp;&nbsp;&nbsp;53 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.0261 |
| 11 | &nbsp;&nbsp;&nbsp;&nbsp;0.0261 | &nbsp;&nbsp;&nbsp;&nbsp;54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.0261 |
| 12 | &nbsp;&nbsp;&nbsp;&nbsp;0.0261 | &nbsp;&nbsp;&nbsp;&nbsp;55 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.0261 |
| 13 | &nbsp;&nbsp;&nbsp;&nbsp;0.0261 | &nbsp;&nbsp;&nbsp;&nbsp;56 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.0261 |
| 14 | &nbsp;&nbsp;&nbsp;&nbsp;0.0261 | &nbsp;&nbsp;&nbsp;&nbsp;57 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.0261 |
| 15 | &nbsp;&nbsp;&nbsp;&nbsp;0.0261 | &nbsp;&nbsp;&nbsp;&nbsp;58 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.0261 |
| 16 | &nbsp;&nbsp;&nbsp;&nbsp;0.0261 | &nbsp;&nbsp;&nbsp;&nbsp;59 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.0261 |
| 17 | &nbsp;&nbsp;&nbsp;&nbsp;0.0261 | &nbsp;&nbsp;&nbsp;&nbsp;60 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.0261 |
| 18 | &nbsp;&nbsp;&nbsp;&nbsp;0.0261 | &nbsp;&nbsp;&nbsp;&nbsp;61 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.0261 |
| 19 | &nbsp;&nbsp;&nbsp;&nbsp;0.0261 | &nbsp;&nbsp;&nbsp;&nbsp;62 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.0261 |
| 20 | &nbsp;&nbsp;&nbsp;&nbsp;0.0261 | &nbsp;&nbsp;&nbsp;&nbsp;63 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.0261 |
| 21 | &nbsp;&nbsp;&nbsp;&nbsp;0.0261 | &nbsp;&nbsp;&nbsp;&nbsp;64 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.0261 |
| 22 | &nbsp;&nbsp;&nbsp;&nbsp;0.0261 | &nbsp;&nbsp;&nbsp;&nbsp;65 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.0261 |
| 23 | &nbsp;&nbsp;&nbsp;&nbsp;0.0261 | &nbsp;&nbsp;&nbsp;&nbsp;66 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.0261 |
| 24 | &nbsp;&nbsp;&nbsp;&nbsp;0.0261 | &nbsp;&nbsp;&nbsp;&nbsp;67 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.0261 |
| 25 | &nbsp;&nbsp;&nbsp;&nbsp;0.0261 | &nbsp;&nbsp;&nbsp;&nbsp;68 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.0261 |
| 26 | &nbsp;&nbsp;&nbsp;&nbsp;0.0261 | &nbsp;&nbsp;&nbsp;&nbsp;69 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.0261 |
| 27 | &nbsp;&nbsp;&nbsp;&nbsp;0.0261 | &nbsp;&nbsp;&nbsp;&nbsp;70 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.0261 |
| 28 | &nbsp;&nbsp;&nbsp;&nbsp;0.0261 | &nbsp;&nbsp;&nbsp;&nbsp;71 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.0261 |
| 29 | &nbsp;&nbsp;&nbsp;&nbsp;0.0261 | &nbsp;&nbsp;&nbsp;&nbsp;72 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.0261 |
| 30 | &nbsp;&nbsp;&nbsp;&nbsp;0.0261 | &nbsp;&nbsp;&nbsp;&nbsp;73 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.0261 |
| 31 | &nbsp;&nbsp;&nbsp;&nbsp;0.0261 | &nbsp;&nbsp;&nbsp;&nbsp;74 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.0261 |
| 32 | &nbsp;&nbsp;&nbsp;&nbsp;0.0261 | &nbsp;&nbsp;&nbsp;&nbsp;75 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.0261 |
| 33 | &nbsp;&nbsp;&nbsp;&nbsp;0.0261 | &nbsp;&nbsp;&nbsp;&nbsp;76 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.0261 |
| 34 | &nbsp;&nbsp;&nbsp;&nbsp;0.0261 | &nbsp;&nbsp;&nbsp;&nbsp;77 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.0261 |
| 35 | &nbsp;&nbsp;&nbsp;&nbsp;0.0261 | &nbsp;&nbsp;&nbsp;&nbsp;78 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.0261 |
| 36 | &nbsp;&nbsp;&nbsp;&nbsp;0.0261 | &nbsp;&nbsp;&nbsp;&nbsp;79 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.0261 |
| 37 | &nbsp;&nbsp;&nbsp;&nbsp;0.0261 | &nbsp;&nbsp;&nbsp;&nbsp;80 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.0261 |
| 38 | &nbsp;&nbsp;&nbsp;&nbsp;0.0261 | &nbsp;&nbsp;&nbsp;&nbsp;81 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.0261 |
| 39 | &nbsp;&nbsp;&nbsp;&nbsp;0.0261 | &nbsp;&nbsp;&nbsp;&nbsp;82 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.0261 |
| 40 | &nbsp;&nbsp;&nbsp;&nbsp;0.0261 | &nbsp;&nbsp;&nbsp;&nbsp;83 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.0261 |
| 41 | &nbsp;&nbsp;&nbsp;&nbsp;0.0261 | &nbsp;&nbsp;&nbsp;&nbsp;84 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.0261 |
| 42 | &nbsp;&nbsp;&nbsp;&nbsp;0.0261 | &nbsp;&nbsp;&nbsp;&nbsp;85 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.0261 |
| 43 | &nbsp;&nbsp;&nbsp;&nbsp;0.0261 | &nbsp;&nbsp;&nbsp;&nbsp;86+ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.0000]] |

---

ICC25 S25FNL Page [5]

POLICY NUMBER: [XXXXXXXXXX]

**POLICY SPECIFICATIONS**

**FLEXIBLE DURATION NO-LAPSE GUARANTEE RIDER FACTORS**

**APPLICABLE TO BASIC LIFE COVERAGE**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;Policy | &nbsp;&nbsp;No-Lapse Cost of | &nbsp;&nbsp;No-Lapse | &nbsp;&nbsp;Policy | &nbsp;&nbsp;No-Lapse Cost of | &nbsp;&nbsp;No-Lapse |
| &nbsp;&nbsp;Year | &nbsp;&nbsp;Insurance Rates | &nbsp;&nbsp;Coverage Charges | &nbsp;&nbsp;Year | &nbsp;&nbsp;Insurance Rates | &nbsp;&nbsp;Coverage Charges |
| &nbsp;&nbsp;1 | &nbsp;&nbsp;[0.3291 | &nbsp;&nbsp;[63.79 | &nbsp;&nbsp;44 | &nbsp;&nbsp;26.7957 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;2 | &nbsp;&nbsp;0.3662 | &nbsp;&nbsp;63.79 | &nbsp;&nbsp;45 | &nbsp;&nbsp;29.7933 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;3 | &nbsp;&nbsp;0.5763 | &nbsp;&nbsp;63.79 | &nbsp;&nbsp;46 | &nbsp;&nbsp;33.2392 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;4 | &nbsp;&nbsp;0.6687 | &nbsp;&nbsp;63.79 | &nbsp;&nbsp;47 | &nbsp;&nbsp;37.2837 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;5 | &nbsp;&nbsp;0.7619 | &nbsp;&nbsp;63.79 | &nbsp;&nbsp;48 | &nbsp;&nbsp;41.9725 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;6 | &nbsp;&nbsp;0.8501 | &nbsp;&nbsp;63.79 | &nbsp;&nbsp;49 | &nbsp;&nbsp;47.3091 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;7 | &nbsp;&nbsp;0.9350 | &nbsp;&nbsp;63.79 | &nbsp;&nbsp;50 | &nbsp;&nbsp;53.5125 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;8 | &nbsp;&nbsp;1.1266 | &nbsp;&nbsp;63.79 | &nbsp;&nbsp;51 | &nbsp;&nbsp;60.9499 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;9 | &nbsp;&nbsp;1.2698 | &nbsp;&nbsp;63.79 | &nbsp;&nbsp;52 | &nbsp;&nbsp;71.1999 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;10 | &nbsp;&nbsp;1.3647 | &nbsp;&nbsp;63.79 | &nbsp;&nbsp;53 | &nbsp;&nbsp;83.1156 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;11 | &nbsp;&nbsp;1.3950 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;54 | &nbsp;&nbsp;97.0854 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;12 | &nbsp;&nbsp;1.5077 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;55 | &nbsp;&nbsp;112.8923 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;13 | &nbsp;&nbsp;1.6605 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;56 | &nbsp;&nbsp;131.0199 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;14 | &nbsp;&nbsp;1.8185 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;57 | &nbsp;&nbsp;151.2711 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;15 | &nbsp;&nbsp;1.9806 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;58 | &nbsp;&nbsp;172.4796 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;16 | &nbsp;&nbsp;2.0961 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;59 | &nbsp;&nbsp;193.8861 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;17 | &nbsp;&nbsp;2.2099 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;60 | &nbsp;&nbsp;213.7147 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;18 | &nbsp;&nbsp;2.3706 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;61 | &nbsp;&nbsp;231.4183 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;19 | &nbsp;&nbsp;2.5828 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;62 | &nbsp;&nbsp;254.0061 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;20 | &nbsp;&nbsp;2.8681 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;63 | &nbsp;&nbsp;278.2024 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;21 | &nbsp;&nbsp;3.2123 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;64 | &nbsp;&nbsp;304.4920 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;22 | &nbsp;&nbsp;3.5930 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;65 | &nbsp;&nbsp;328.3298 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;23 | &nbsp;&nbsp;3.9222 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;66 | &nbsp;&nbsp;352.0897 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;24 | &nbsp;&nbsp;4.1921 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;67 | &nbsp;&nbsp;374.4698 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;25 | &nbsp;&nbsp;4.4171 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;68 | &nbsp;&nbsp;396.8001 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;26 | &nbsp;&nbsp;4.7062 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;69 | &nbsp;&nbsp;418.6604 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;27 | &nbsp;&nbsp;5.0947 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;70 | &nbsp;&nbsp;439.6497 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;28 | &nbsp;&nbsp;5.5905 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;71 | &nbsp;&nbsp;459.3600 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;29 | &nbsp;&nbsp;6.1341 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;72 | &nbsp;&nbsp;477.4304 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;30 | &nbsp;&nbsp;6.7436 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;73 | &nbsp;&nbsp;503.3203 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;31 | &nbsp;&nbsp;7.4075 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;74 | &nbsp;&nbsp;530.6103 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;32 | &nbsp;&nbsp;8.1302 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;75 | &nbsp;&nbsp;559.3901 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;33 | &nbsp;&nbsp;8.9165 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;76 | &nbsp;&nbsp;589.7200 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;34 | &nbsp;&nbsp;9.7432 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;77 | &nbsp;&nbsp;621.7000 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;35 | &nbsp;&nbsp;10.6474 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;78 | &nbsp;&nbsp;648.0043 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;36 | &nbsp;&nbsp;11.6608 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;79 | &nbsp;&nbsp;648.0043 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;37 | &nbsp;&nbsp;12.7815 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;80 | &nbsp;&nbsp;648.0043 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;38 | &nbsp;&nbsp;14.1217 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;81 | &nbsp;&nbsp;648.0043 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;39 | &nbsp;&nbsp;15.6923 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;82 | &nbsp;&nbsp;648.0043 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;40 | &nbsp;&nbsp;17.4405 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;83 | &nbsp;&nbsp;648.0043 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;41 | &nbsp;&nbsp;19.4372 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;84 | &nbsp;&nbsp;648.0043 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;42 | &nbsp;&nbsp;21.6726 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;85 | &nbsp;&nbsp;648.0043 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;43 | &nbsp;&nbsp;24.1408 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;86+ | &nbsp;&nbsp;0.0000] | &nbsp;&nbsp;0.00] |

---

ICC25 S25FNL Page [6]

POLICY NUMBER: [XXXXXXXXXX]

**POLICY SPECIFICATIONS**

**[FLEXIBLE DURATION NO-LAPSE GUARANTEE RIDER FACTORS**

**APPLICABLE TO [LONG TERM PERFORMANCE RIDER]**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;Policy | &nbsp;&nbsp;No-Lapse Cost of | &nbsp;&nbsp;No-Lapse | &nbsp;&nbsp;Policy | &nbsp;&nbsp;No-Lapse Cost of | &nbsp;&nbsp;No-Lapse |
| &nbsp;&nbsp;Year | &nbsp;&nbsp;Insurance Rates | &nbsp;&nbsp;Coverage Charges | &nbsp;&nbsp;Year | &nbsp;&nbsp;Insurance Rates | &nbsp;&nbsp;Coverage Charges |
| &nbsp;&nbsp;1 | &nbsp;&nbsp;[0.4278 | &nbsp;&nbsp;[28.13 | &nbsp;&nbsp;44 | &nbsp;&nbsp;34.7051 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;2 | &nbsp;&nbsp;0.4761 | &nbsp;&nbsp;28.13 | &nbsp;&nbsp;45 | &nbsp;&nbsp;38.5712 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;3 | &nbsp;&nbsp;0.7492 | &nbsp;&nbsp;28.13 | &nbsp;&nbsp;46 | &nbsp;&nbsp;43.0116 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;4 | &nbsp;&nbsp;0.8692 | &nbsp;&nbsp;28.13 | &nbsp;&nbsp;47 | &nbsp;&nbsp;48.2177 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;5 | &nbsp;&nbsp;0.9904 | &nbsp;&nbsp;28.13 | &nbsp;&nbsp;48 | &nbsp;&nbsp;54.2456 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;6 | &nbsp;&nbsp;1.1050 | &nbsp;&nbsp;28.13 | &nbsp;&nbsp;49 | &nbsp;&nbsp;61.0964 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;7 | &nbsp;&nbsp;1.2153 | &nbsp;&nbsp;28.13 | &nbsp;&nbsp;50 | &nbsp;&nbsp;69.0465 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;8 | &nbsp;&nbsp;1.4643 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;51 | &nbsp;&nbsp;78.5593 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;9 | &nbsp;&nbsp;1.6505 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;52 | &nbsp;&nbsp;91.6351 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;10 | &nbsp;&nbsp;1.7737 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;53 | &nbsp;&nbsp;106.7858 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;11 | &nbsp;&nbsp;1.8132 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;54 | &nbsp;&nbsp;124.4786 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;12 | &nbsp;&nbsp;1.9596 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;55 | &nbsp;&nbsp;144.4066 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;13 | &nbsp;&nbsp;2.1581 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;56 | &nbsp;&nbsp;166.1201 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;14 | &nbsp;&nbsp;2.3634 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;57 | &nbsp;&nbsp;183.5496 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;15 | &nbsp;&nbsp;2.5740 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;58 | &nbsp;&nbsp;200.7502 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;16 | &nbsp;&nbsp;2.7241 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;59 | &nbsp;&nbsp;217.6199 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;17 | &nbsp;&nbsp;2.8719 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;60 | &nbsp;&nbsp;233.3099 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;18 | &nbsp;&nbsp;3.0807 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;61 | &nbsp;&nbsp;247.1399 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;19 | &nbsp;&nbsp;3.3564 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;62 | &nbsp;&nbsp;265.1103 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;20 | &nbsp;&nbsp;3.7270 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;63 | &nbsp;&nbsp;284.4201 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;21 | &nbsp;&nbsp;4.0497 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;64 | &nbsp;&nbsp;305.6305 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;22 | &nbsp;&nbsp;4.3904 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;65 | &nbsp;&nbsp;328.3298 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;23 | &nbsp;&nbsp;4.7799 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;66 | &nbsp;&nbsp;352.0897 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;24 | &nbsp;&nbsp;5.2195 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;67 | &nbsp;&nbsp;374.4698 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;25 | &nbsp;&nbsp;5.7388 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;68 | &nbsp;&nbsp;396.8001 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;26 | &nbsp;&nbsp;6.1140 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;69 | &nbsp;&nbsp;418.6604 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;27 | &nbsp;&nbsp;6.6185 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;70 | &nbsp;&nbsp;439.6497 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;28 | &nbsp;&nbsp;7.2621 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;71 | &nbsp;&nbsp;459.3600 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;29 | &nbsp;&nbsp;7.9676 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;72 | &nbsp;&nbsp;477.4304 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;30 | &nbsp;&nbsp;8.7585 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;73 | &nbsp;&nbsp;503.3203 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;31 | &nbsp;&nbsp;9.6199 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;74 | &nbsp;&nbsp;530.6103 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;32 | &nbsp;&nbsp;10.5574 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;75 | &nbsp;&nbsp;559.3901 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;33 | &nbsp;&nbsp;11.5772 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;76 | &nbsp;&nbsp;589.7200 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;34 | &nbsp;&nbsp;12.6491 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;77 | &nbsp;&nbsp;621.7000 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;35 | &nbsp;&nbsp;13.8213 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;78 | &nbsp;&nbsp;648.0043 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;36 | &nbsp;&nbsp;15.1346 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;79 | &nbsp;&nbsp;648.0043 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;37 | &nbsp;&nbsp;16.5867 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;80 | &nbsp;&nbsp;648.0043 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;38 | &nbsp;&nbsp;18.3224 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;81 | &nbsp;&nbsp;648.0043 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;39 | &nbsp;&nbsp;20.3558 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;82 | &nbsp;&nbsp;648.0043 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;40 | &nbsp;&nbsp;22.6180 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;83 | &nbsp;&nbsp;648.0043 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;41 | &nbsp;&nbsp;25.2004 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;84 | &nbsp;&nbsp;648.0043 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;42 | &nbsp;&nbsp;28.0898 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;85 | &nbsp;&nbsp;648.0043 | &nbsp;&nbsp;0.00 |
| &nbsp;&nbsp;43 | &nbsp;&nbsp;31.2782 | &nbsp;&nbsp;0.00 | &nbsp;&nbsp;86+ | &nbsp;&nbsp;0.0000] | &nbsp;&nbsp;0.00]] |

---

ICC25 S25FNL Page [7]

POLICY NUMBER: [XXXXXXXXXX]

**POLICY SPECIFICATIONS**

**Summary of Coverages Effective on the Policy Date**

---

| | | | |
|:---|:---|:---|:---|
| ![](tm2514633d2_ex99diiiaimg001.jpg) | | | ![](tm2514633d2_ex99diiiaimg002.jpg) |
| ![](tm2514633d2_ex99diiiaimg001.jpg) |  |  | ![](tm2514633d2_ex99diiiaimg002.jpg) |
| ![](tm2514633d2_ex99diiiaimg001.jpg) | R25FNL | Flexible Duration No-Lapse Guarantee Rider | ![](tm2514633d2_ex99diiiaimg002.jpg) |
| ![](tm2514633d2_ex99diiiaimg001.jpg) | S25FNL |  | ![](tm2514633d2_ex99diiiaimg002.jpg) |
| ![](tm2514633d2_ex99diiiaimg001.jpg) |  |  | ![](tm2514633d2_ex99diiiaimg002.jpg) |
| ![](tm2514633d2_ex99diiiaimg001.jpg) | | | ![](tm2514633d2_ex99diiiaimg002.jpg) |
| ![](tm2514633d2_ex99diiiaimg001.jpg) |  |  | ![](tm2514633d2_ex99diiiaimg002.jpg) |

---

[ICC25 S25VEN2] Page [8]

## Ex-99.(D)(Xii)

**Exhibit 99.(d)(xii)**

**ALTERNATE LOAN RIDER 3**

This rider ("Rider") becomes a part of the policy to which it is attached ("Policy"). If the provisions of this Rider and those of the Policy do not agree, the provisions of the Rider will apply. **Please read it carefully.** Definitions used in this Rider and in the Policy are capitalized and incorporated in the Rider provisions below.

**Rider Benefit Summary –** Beginning on the Alternate Loan Availability Date shown in the Policy Specifications, this Rider provides an alternate loan type ("Alternate Loan"), in addition to the existing loan type ("Standard Policy Loans"), under the Policy. If a loan is available under the Policy, you may take a loan as a Standard Policy Loan, an Alternate Loan, or a combination of a Standard Policy Loan and an Alternate Loan, subject to the terms of the Policy and this Rider. Unless otherwise described in this Rider, the Policy's provisions describing the Standard Policy Loans continue to apply.

**Alternate Loan –** An Alternate Loan is a loan that is secured by the Designated Account Value. At the time an Alternate Loan is taken, the Alternate Loan Value remains in the Designated Account(s), as allocated, where any Segment Indexed Interest is credited as described in each Designated Account. You may take more than one Alternate Loan under this Rider. If, however, you take an Alternate Loan and the Alternate Loan Value exceeds the Maximum Alternate Loan Available, the amount in excess of the Maximum Alternate Loan Available will be processed as a Standard Loan up to the Maximum Standard Loan Available. You may not take an Alternate Loan under this Rider if you have existing alternate policy debt under a different alternate loan rider.

**Alternate Loan Value –** The Alternate Loan Value is the sum of the value of all Alternate Loans taken minus any Alternate Loan repayment(s) excluding payments made toward any Alternate Loan Interest Charge.

**Designated Account(s) –** A Designated Account is an Indexed Account that we have classified as a Designated Account for the purposes of securing an Alternate Loan. As of the Policy Date, the Designated Account(s) are shown in the Policy Specifications. The amount you may borrow as an Alternate Loan is determined, in part, by the amount of the Policy's Accumulated Value allocated to the Designated Account(s). We reserve the right to make changes to the Designated Account(s) at our discretion. Any changes will apply uniformly to all members of the same Class. See Changes to Designated Accounts for additional information.

**Designated Account Value –** The Designated Account Value is the sum of the Segment Values for all Segments in each Designated Account.

**Minimum Alternate Loan Available –** We may limit the amount of each Alternate Loan to the Minimum Alternate Loan Available, if any, shown in the Policy Specifications.

**Maximum Alternate Loan Available –** The Maximum Alternate Loan Available is equal to the lesser of the Loan Amount Available under the Policy and (a - b - c - d - e), where:

---

| | | |
|:---|:---|:---|
| a | = | The Designated Account Value; |
| b | = | Interest on the Designated Account Value calculated to the end of the current policy year at the Alternate Loan Interest Charge rate; |
| c | = | Interest on any existing amount in the Loan Account calculated to the end of the current policy year at a rate that is equal to the difference between the Policy's Loan Interest Charge Rate and the Policy's Annual Loan Account Credit Interest Rate then in effect; |
| d | = | The most recent Monthly Deduction multiplied by the number of Monthly Payment Dates remaining in the current policy year; and, |
| e | = | Any existing Alternate Policy Debt. |

---

**Alternate Loan Interest Charge –** The Alternate Loan Interest Charge accrues daily at an annual rate of interest. On each Policy anniversary, any such interest that has accrued and has not been paid is treated as a new Alternate Loan on that date and will bear interest at the Alternate Loan Interest Charge Rate then in effect. The Maximum Alternate Loan Interest Charge Rate is shown in the Policy Specifications.

ICC23 R23ALR3

Page [1 of 5]

We may use a lower Alternate Loan Interest Charge rate. Any lower Alternate Loan Interest Charge rates will apply uniformly to all members of the same Class.

**Alternate Policy Debt –** Alternate Policy Debt is the amount necessary to repay the Alternate Loan(s) in full. It is equal to the Alternate Loan Value plus any accrued Alternate Loan Interest Charge. You may not have Alternate Policy Debt under this Rider and alternate policy debt under another alternate loan rider at the same time.

**Standard Policy Debt –** Standard Policy Debt is the amount necessary to repay the Standard Policy Loan(s) in full. It is equal to the Loan Account plus any accrued Loan Interest Charge.

**Total Policy Debt –** Total Policy Debt is equal to the sum of any Alternate Policy Debt plus any Standard Policy Debt.

**CHANGES TO DESIGNATED ACCOUNTS**

We reserve the right to classify additional Indexed Account(s) as a Designated Account and to de-classifiy existing Indexed Account(s) as a Designated Account at any time. Additionally, the provisions in your Policy provide us the right to add additional Indexed Accounts or to terminate one or more of the Indexed Accounts at any time. We will notify you of any changes to the Indexed Account(s) identified as Designated Account(s). Such notice will list all available Designated Account(s). There will always be at least one Designated Account available under your Policy.

**Declassification of a Designated Account –** If an Indexed Account is declassified as a Designated Account, we will provide you notification of the change which will include the effective date of the declassification of the Designated Account. On the effective date of the declassification of the Designated Account, the following will apply:

1. The Segment Value of any Segment that has not yet matured will continue to contribute to the Designated
Account Value until Segment Maturity.

2. Unless you specify otherwise by Written Request, at Segment Maturity, the Segment Maturity Value will be reallocated to the same Indexed
Account. This Indexed Account will not be considered a Designated Account and any value that is allocated to it will not contribute to
the Designated Account Value.

3. On the first Monthly Payment Date following the effective date of declassification, any Excess Alternate Loan Value will be automatically
reclassified as Standard Policy Debt as described in Automatic Reclassification of Alternate Policy Debt as Standard Policy Debt, below.

**Termination of a Designated Account –** If an Indexed Account that is also a Designated Account is terminated, we will provide you notification of the change which will include the effective date of the termination of the Designated Account and information regarding the reallocation of Segment Maturity Value upon Segment Maturity. On such date the following will apply:

1. The Segment Value of any Segment that has not yet matured will continue to contribute to the Designated
Account Value until Segment Maturity.

2. Unless you specify otherwise by Written Request, at Segment Maturity, the Segment Maturity Value will be reallocated to another Investment
Option or Account that we will identify in our notice to you. If this Investment Option or Account is not a Designated Account, then any
value that is allocated to it will not contribute to the Designated Account Value.

3. On the first Monthly Payment Date following the effective date of termination, any Excess Alternate Loan Value will be automatically
reclassified as Standard Policy Debt as described in Automatic Reclassification of Alternate Policy Debt as Standard Policy Debt, below.

ICC23 R23ALR3

Page [2 of 5]

**RECLASSIFYING LOAN TYPES**

You may request to reclassify all or a portion of your Alternate Policy Debt under this Rider, Standard Policy Debt or alternate policy debt under another rider (when applicable) as described below, provided that within twelve-months of your Written Request:

&nbsp;&nbsp;&nbsp;&nbsp;· You have not reclassified any Alternate Policy Debt under this Rider as Standard Policy Debt or as alternate
policy debt under another rider;

· You have not reclassified any Standard Policy Debt as Alternate Policy Debt under this Rider or as alternate
policy debt under another rider; and

· You have not reclassified alternate policy debt under another rider as Alternate Policy Debt under this
Rider or as Standard Policy Debt.

Under certain circumstances, we will automatically reclassify Alternate Policy Debt as Standard Policy Debt, as described below.

Reclassifying a loan type changes the way debt is secured as described below. It does not create a new loan, is not a Loan Repayment, and does not cause a reduction or increase in your Total Policy Debt.

**Reclassifying Alternate Policy Debt as Standard Policy Debt –** All or a portion of Alternate Policy Debt under this Rider may be reclassified as Standard Policy Debt by Written Request.

This reclassification will reduce Alternate Policy Debt as an Account Deduction and will increase Standard Policy Debt. The reclassification will be processed as an Account Deduction following the Account Deduction Method, and the Loan Account Value will be increased by the amount reclassified. If this results in a decrease to the Indexed Account Value, then your Policy will enter a Lockout Period. This reclassification is calculated and effective as described in Date of Reclassification.

**Reclassifying Standard Policy Debt as Alternate Policy Debt –** All or a portion of Standard Policy Debt may be reclassified as Alternate Policy Debt under this Rider by Written Request, provided the Policy is not in a Lockout Period and the Maximum Alternate Loan Available is greater than or equal to zero. If the Maximum Alternate Loan Available is less than zero, this reclassification will not be allowed.

This reclassification will reduce Standard Policy Debt and will increase Alternate Policy Debt under this Rider. Upon reclassification, the Loan Account Value is decreased by the amount that is reclassified and that amount is used to create new Segment(s) in the Designated Account(s) that you identify in your Written Request.

This reclassification is effective as described in Date of Reclassification, shown in the Policy Specifications.

**Reclassifying Alternate Policy Debt Types –** If there is more than one alternate loan rider available under the Policy, then all Alternate Policy Debt under this Rider may be reclassified as alternate policy debt under another alternate loan rider by Written Request, provided the maximum loan available as defined in the new alternate loan rider is greater than or equal to zero. If the maximum loan available, as defined in the new alternate loan rider is less than zero, this reclassification will not be allowed. However, you may still reclassify your Alternate Policy Debt under this Rider to Standard Policy Debt as explained in the section above. You may not request to reclassify Alternate Policy Debt under this Rider as a combination of alternate policy debt under another alternate loan rider and Standard Policy Debt.

Reclassification to another alternate loan rider will eliminate Alternate Policy Debt under this Rider and will create alternate policy debt under the other alternate loan rider. The reclassification will be processed as an Account Deduction following the Account Deduction Method. If the reclassification results in a decrease in Indexed Account Value, then your Policy will enter a Lockout Period.

This reclassification is calculated and effective as described in Date of Reclassification.

**Automatic Reclassification of Alternate Policy Debt as Standard Policy Debt –** On each Monthly Payment Date, if the Excess Alternate Loan Value is greater than zero, we will automatically reclassify

ICC23 R23ALR3

Page [3 of 5]

that portion of the Alternate Policy Debt that is equal to the Excess Alternate Loan Value as Standard Policy Debt. Automatic Reclassification of Alternate Policy Debt as Standard Policy Debt may occur more than one time in any twelve-month period and will occur even if the amount being reclassified exceeds the Policy's maximum Loan Amount Available.

When automatic reclassification occurs, Alternate Policy Debt is reduced as an Account Deduction, and Standard Policy Debt is increased by the Excess Alternate Loan Value, described below. The reclassification will be processed as an Account Deduction following the Account Deduction Method, and the Loan Account Value will be increased by the amount reclassified. Automatic Reclassification of Alternate Policy Debt as Standard Policy Debt will not cause the Policy to enter a Lockout Period.

This reclassification is effective as described in Date of Reclassification.

**Excess Alternate Loan Value –** Excess Alternate Loan Value is equal to [the lesser of (f - g) and h] - i, such amount not being less than zero, where:

---

| | |
|:---|:---|
| f | = The Accumulated Value; |
| g | = The Loan Account Value, if any; |
| h | = The Alternate Loan Value, and |
| i | = The Designated Account Value. |

---

**EFFECT ON THE POLICY AND RIDERS**

Refer to this section for a description of the effects this Rider may have on the Policy and riders attached to the Policy. If applicable, the Policy Specifications may also contain a description of the effects this Rider may have on the Policy and certain riders attached to the Policy.

**Loan Repayment –** You may make loan repayments at any time prior to lapse of the Policy. Any payment we receive from you while you have a loan is first considered a loan repayment, unless you tell us by Written Request that it is a premium payment. Further, unless you specify otherwise by Written Request, any loan repayment will be applied toward repaying any Alternate Loan(s) first, and then will be applied toward repaying any Standard Loan(s). If there is not an Alternate Loan under this Rider, then Loan Repayments will be processed according to the Policy or as described in any other alternate loan rider on the Policy, as applicable. Any remaining amount will be applied as described in the Premiums section of the Policy.

**Policy Debt –** Policy Debt referenced in your Policy or optional riders will be equal to Total Policy Debt as defined in this Rider, except under the provisions stated in the Policy Specifications, if any. In those provisions, Policy Debt referenced in your Policy or optional riders will be equal to Standard Policy Debt as defined in this Rider.

**Segment Maturity Value Reallocation –** When there is an Alternate Loan on your Policy, reallocation of Segment Maturity Value in the Designated Account(s) at Segment Maturity is affected.

If the Designated Account(s) identified in the Reallocation Instructions on file are not available at Segment Maturity, the Segment Maturity Value of that Segment will be reallocated to the same Designated Account in which the Segment is allocated. If the same Designated Account in which the Segment is allocated is not available at Segment Maturity, the Segment Maturity Value of that Segment will be reallocated as described in Declassification of a Designated Account and Termination of a Designated Account.

If you have not provided any Reallocation Instructions, the Segment Maturity Value of the Designated Account(s) is reallocated to the same Designated Account in which the Segment is allocated.

Note that you may request to reallocate Segment Maturity Value to Indexed Account(s) that are Designated Account(s) and to those that are not Designated Indexed Account(s). However, any Segment Maturity Value Reallocation must result in sufficient Designated Account Value to satisfy (j+k+l), where:

j = the Alternate Policy Debt;

ICC23 R23ALR3

Page [4 of 5]

k = loan interest calculated to the end of the current policy year; and <br> l = the most recent Monthly Deduction multiplied by the number of Monthly Payment Dates remaining in the current policy year.

If you have requested reallocation to any Indexed Account(s) that are not also Designated Account(s) and the requested reallocation results in a Designated Account Value that does not satisfy (j+k+l), as described above, then the Segment Maturity Value will be proportionately reallocated to the extent necessary for the resulting Designated Account Value to equal (j+k+l). If the Designated Account Value prior to reallocation is insufficient to satisfy (j+k+l), then any requested reallocation to those Indexed Account(s) that are not also Designated Indexed Accounts, will instead be reallocated to proportionately only to the Designated Accounts, following the Reallocation Instructions on file.

**Coordination with an Alternate Loan Rider –** If the Policy has existing alternate policy debt under a rider that provides for an alternate loan, then an Alternate Loan under this Rider cannot be taken.

**Coordination with an Accelerated Death Benefit Rider –** When a claim is paid under an accelerated death benefit, the Alternate Policy Debt is reduced by the Acceleration Percentage, as defined in the rider contract.

**Rider Reinstatement –** If the Policy lapses and is later reinstated under its Reinstatement provision, then this Rider will also be reinstated as described in the Policy except that in addition to any amount that must be paid, you must also provide sufficient premium, after reduction of any Premium Load to cover any Alternate Loan Interest Charge, that is due and unpaid during the Grace Period.

If there was an Alternate Loan at the time of lapse, we will not reinstate the loan.

**GENERAL PROVISIONS OF THIS RIDER**

**Conversion –** This Rider is not convertible.

**Effective Date –** This Rider is in effect on the Policy Date and stays In Force unless it terminates as described in the Rider Termination section below.

**Rider Termination –** This rider will terminate on the date the Policy ceases to be In Force. You may not terminate this Rider by Written Request.

**Effect of Additional Benefits on Rider Provisions –** Your Policy may include additional benefits that were added by rider or endorsement. These rider and endorsement forms may include provisions that replace or amend provisions in this contract. Alternatively, the provisions in this Rider may replace or amend provisions in additional benefits that were added by rider or endorsement. **Please read your entire Policy, including all riders and other forms carefully.**

**Conformity with IIPRC Standards –** This Rider was approved under the authority of the IIPRC and issued under the IIPRC standards. If there is any Rider provision that is in conflict with any IIPRC standards applicable to this Rider when this Rider was issued, the provision is amended to conform to that standard. Any such amendment is effective on the Effective Date.

Signed for Pacific Life Insurance Company,

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| ![](tm2524633d2_ex99-xdxxiiimg3.jpg) | ![](tm2524633d2_ex99-xdxxiiimg1.jpg) | ![](tm2524633d2_ex99-xdxxiiimg4.jpg) | ![](tm2524633d2_ex99-xdxxiiimg3.jpg) | ![](tm2524633d2_ex99-xdxxiiimg2.jpg) | ![](tm2524633d2_ex99-xdxxiiimg4.jpg) |
|  | President & CEO |  |  | Secretary |  |

---

[www.PacificLife.com] [(800) 347-7787]

ICC23 R23ALR3

Page [5 of 5]

## Ex-99.(D)(Xii)(A)

**Exhibit 99.(d)(xii)(a)**

POLICY NUMBER: [VP99999990]

POLICY SPECIFICATIONS

Summary of Coverages Effective on the Policy Date

---

| | | |
|:---|:---|:---|
| <br> R23ALR3<br> S23ALR3 | <br> Alternate Loan Rider 3<br>Alternate Loan Availability Date:<br>Designated Account(s) at Issue: | <br>[March 01, 2027]\*<br>\*We reserve the right to make Alternate Loans available earlier than the date provided. We will notify you of any change to the Alternate Loan Availability Date. Any such change to the Alternate Loan Availability Date will apply uniformly to all members of the same Class.<br>[1 Year Indexed Account]<br> [1 Year Indexed Account 4]<br> [1 Year Indexed Account 6]<br>|

---

[ICC23 S23HZN2-B] Page [1]

POLICY NUMBER: [VP99999990]

POLICY SPECIFICATIONS

**Alternate Loan Rider 3**

Insured: [John Doe]

---

| | |
|:---|:---|
| Maximum Alternate Loan Interest Charge Rate: | [8.00]% |
| Minimum Alternate Loan Available: | $[200] |
| Policy Debt: | [Where your Policy provisions refer to Policy Debt, those references are changed by this Rider to mean Total Policy Debt, as defined in this Rider, except when used in the Policy provisions listed below. In these provisions Policy Debt is equal only to Standard Policy Debt as defined in this Rider: |
|  | · [Loan Account Value] |
|  | · [Loan Processing on Policy Anniversary]] |
|  | [Where your optional rider provisions refer to Policy Debt, those references are changed by this Rider to mean Total Policy Debt, as defined in this Rider, except when used in the optional rider provisions listed below. In these provisions, Policy Debt is equal only to Standard Policy Debt as defined in this Rider: |
|  | **[ICC12 R12CIC – Accelerated Death Benefit Rider for Chronic Illness** |
|  | · Reduction to Policy Loans] |
|  | **[ICC12 R12CIV – Accelerated Death Benefit Rider for Chronic Illness** |
|  | · Reduction to Policy Loans] |
|  | **[ICC12 R12TIC – Accelerated Death Benefit Rider for Terminal Illness** |
|  | · Reduction to Policy Loans] |
|  | **[ICC12 R12TIV – Accelerated Death Benefit Rider for Terminal Illness** |
|  | · Reduction to Policy Loans] |
|  | **[ICC12 R12TII – Accelerated Death Benefit Rider for Terminal Illness** |
|  | · Reduction to Policy Loans] |
|  | **[ICC15 R15OLP – Overloan Protection 3 Rider** |
|  | · Rider Benefit Summary |
|  | · Policy Qualifications |
|  | · Exercise Conditions |
|  | · Minimum Death Benefit |

---

ICC23 S23ALR3 Page [2]

POLICY NUMBER: [VP99999990]

---

| | |
|:---|:---|
|  | POLICY SPECIFICATIONS |
|  | · NOTE] |
|  | **[ICC15 R15LTC – Accelerated Death Benefit Rider for Long-Term Care** |
|  | · Effect on Policy Values] |
|  | **[ICC16 R16LTC – Accelerated Death Benefit Rider for Long-Term Care** |
|  | · Effect on Policy Values] |
|  | [**ICC18 R18ADB – Accelerated Death Benefit Rider for Chronic and Terminal Illness** |
|  | · Policy Values] |
|  | [**ICC22 R22CHR – Accelerated Death Benefit Rider for Chronic Conditions** |
|  | · Policy Values] |
|  | [**Rider Name and Form Number** |
|  | · Applicable Rider Provision]] |
|  | &nbsp;&nbsp;&nbsp;**Date of Reclassification** |
| Reclassifying Standard Policy Debt as Alternate Policy Debt: | [This is effective on the Transfer Date after your Written Request is received provided we receive your Written Request at our Administrative Office by the Cut-Off Date shown in the Policy Specifications; otherwise the reclassification is effective on the Transfer Date next following your Written Request.] |
| Reclassifying Alternate Policy Debt as Standard Policy Debt: | [This is effective on the date we receive your Written Request at our Administrative Office.] |
| Reclassifying Alternate Policy Debt Types: | [This is effective on the Transfer Date after your Written Request is received provided we receive your Written Request at our Administrative Office by the Cut-Off Date shown in the Policy Specifications. Otherwise the reclassification is effective on the Transfer Date following the next Cut-Off Date.] |
| Automatic Reclassification of Alternate Policy Debt as Standard Policy Debt: | [This is effective on or immediately following each Monthly Payment Date on which the Excess Alternate Loan Value is greater than zero.] |

---

ICC23 S23ALR3 Page [3]

## Ex-99.(D)(Xiv)

**Exhibit 99.(d)(xiv)**

**SVER TERM INSURANCE – 3 RIDER**

This rider ("Rider") becomes a part of the policy to which it is attached ("Policy"). This Rider is effective on the Policy Date. If the provisions of this Rider and those of the Policy do not agree, the provisions of this Rider will apply. Please read it carefully.

**Rider Benefit Summary –** This Rider provides additional term coverage on the Insured under the Policy as long as the Policy is In Force and this Rider has not terminated as described in Rider Termination. The Face Amount of this Rider contributes to the Total Face Amount, and consequently, to the Death Benefit, of the Policy. Death Benefit Proceeds are payable to the beneficiary as described in the Policy. This Rider has no Accumulated Value of its own, but affects the Policy's Accumulated Value because the Rider Charges are deducted from the Accumulated Value of the Policy. This Rider has no cash values.

**Insured –** As used in this Rider, the Insured means the individual covered under the Policy's Basic Life Coverage, as shown in the Policy Specifications.

**Rider Coverage Layer –** The Rider Coverage Layer is a layer of insurance coverage under this Rider. There may be one or more Rider Coverage Layers. Any elective increase in Rider Face Amount will comprise a new Rider Coverage Layer. Each Rider Coverage Layer has its own Face Amount, Risk Class, Coverage Layer Date, and set of charges which are shown in the Policy Specifications for the initial Rider Coverage Layer. The Face Amount, Risk Class, effective date, Coverage Layer Date and set of charges for any Rider Coverage Layer added after the Policy Date will be shown in a Supplemental Schedule of Coverage sent to you at that time. The Coverage Layer Date and Coverage Charges associated with each Rider Coverage Layer remain unchanged until this Rider is terminated.

**Rider Face Amount –**The Face Amount of this Rider is the sum of the Face Amounts of all Rider Coverage Layers under this Rider.

**Elective Increase in Rider Face Amount –** An Elective Increase in Rider Face Amount is an increase that you apply for after the Policy Date. If the Policy allows elective increases in Face Amount, then increases in this Rider may be permitted as described in the Policy Specifications. Note that not all policies allow for increases to Face Amount.

**Decrease in Rider Face Amount –** Decrease in Rider Face Amount is described in the Policy Specifications.

**RIDER CHARGES AND CREDITS**

**Rider Charge –** There will be a charge for this Rider deducted from the Policy's Accumulated Value on each Monthly Payment Date prior to the Monthly Deduction End Date. This Rider Charge is described in the Policy Specifications.

**Rider Credit –** There may be a Rider Credit added to the Policy's Net Cash Surrender Value. Any Rider Credits are described in the Policy Specifications.

**GENERAL PROVISIONS OF THIS RIDER**

**Conversion –** Rider Conversion, if applicable, is described in the Policy Specifications.

**Rider Termination –** Rider Termination conditions are described in the Policy Specifications.

**Rider Reinstatement –** Rider Reinstatement is described in the Policy Specifications.

---

| | |
|:---|:---|
| ICC18 R18SV3 | Page **[** **1** of **2** **]** |

---

**Effect of Additional Benefits on Rider Provisions –** Your Policy may include additional benefits that were added by rider or endorsement. These rider and endorsement forms may include provisions that replace or amend provisions in this contract. Alternatively, the provisions in this contract may replace or amend provisions in additional benefits that were added by rider or endorsement. **Please read your entire Policy including this Rider and all other forms carefully.**

**Conformity with IIPRC Standards –** This Contract was approved under the authority of the IIPRC and issued under the IIPRC standards. If there is any contract provision that is in conflict with any IIPRC standards applicable to this Contract when this Contract was issued, the provision is amended to conform to that standard. Any such amendment is effective on the Contract's Effective Date.

Signed for Pacific Life Insurance Company,

---

| | | | |
|:---|:---|:---|:---|
| ![](tm2514633d2_exdxiva-01.jpg) | ![](tm2514633d2_dxivimg001.jpg)<br> &nbsp;&nbsp;&nbsp;&nbsp;Chairman, President and Chief Executive Officer<br>| ![](tm2514633d2_dxivimg002.jpg)<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Secretary<br>| ![](tm2514633d2_exdxiva-02.jpg) |

---

[www.PacificLife.com] [(800) 347-7787]

---

| | |
|:---|:---|
| ICC18 R18SV3 | Page **[** **2** of **2]** |

---

## Ex-99.(D)(Xiv)(A)

**Exhibit 99.(d)(xiv)(a)**

POLICY NUMBER: [VF99999990]

**POLICY SPECIFICATIONS**

**Summary of Coverages Effective on The Policy Date**

---

| | | | | |
|:---|:---|:---|:---|:---|
| ![](tm2514633d2_dxivxaimg01.jpg) |  |  |  | ![](tm2514633d2_dxivxaimg02.jpg) |
| ![](tm2514633d2_dxivxaimg01.jpg) | R18SV3 | SVER Term Insurance – 3 Rider [(Guaranteed Issue)] | SVER Term Insurance – 3 Rider [(Guaranteed Issue)] | ![](tm2514633d2_dxivxaimg02.jpg) |
| ![](tm2514633d2_dxivxaimg01.jpg) | S18SV3 |  |  | ![](tm2514633d2_dxivxaimg02.jpg) |
| ![](tm2514633d2_dxivxaimg01.jpg) |  |  |  | ![](tm2514633d2_dxivxaimg02.jpg) |
| ![](tm2514633d2_dxivxaimg01.jpg) |  | Rider Face Amount: | $[100,000] | ![](tm2514633d2_dxivxaimg02.jpg) |
| ![](tm2514633d2_dxivxaimg01.jpg) |  | Insured: | [John Doe] | ![](tm2514633d2_dxivxaimg02.jpg) |
| ![](tm2514633d2_dxivxaimg01.jpg) |  | Sex and Age: | [Male 35] | ![](tm2514633d2_dxivxaimg02.jpg) |
| ![](tm2514633d2_dxivxaimg01.jpg) |  | Risk Class: | [Standard Nonsmoker] | ![](tm2514633d2_dxivxaimg02.jpg) |
| ![](tm2514633d2_dxivxaimg01.jpg) |  |  |  | ![](tm2514633d2_dxivxaimg02.jpg) |

---

[ICC18 S18PIA6] Page [1]

POLICY NUMBER: [VF99999990]

**POLICY SPECIFICATIONS**

SVER Term Insurance – 3 Rider

**FACE AMOUNT**

**Impact of Increases to Policy Benefits on the Rider Face Amount –** If the Total Face Amount of the Policy is increased by way of a policy change other than a requested increase, then the Coverage Layer with the most recent Coverage Layer Date will be increased. If more than one Coverage Layer share the most recent Coverage Layer Date, then the priority of coverage layer increases shown below will be followed:

&nbsp;&nbsp;&nbsp;&nbsp;· First, the Face Amount of any other rider that contributes to the Total Face Amount will be increased
as described in that rider;

&nbsp;&nbsp;&nbsp;&nbsp;· Second, if no other riders contribute to the Total Face Amount, the Face Amount of this Rider will be
increased.

**Decrease in Rider Face Amount –** You may request to decrease the Rider Face Amount, subject to the provisions in the Policy. If the Total Face Amount of the Policy is decreased via a policy change other than a requested decrease, then the Coverage Layer with the most recent Coverage Layer Date will be decreased. If more than one Coverage Layer share the most recent Coverage Layer Date, then the order of coverage layer decreases shown below will be followed:

&nbsp;&nbsp;&nbsp;&nbsp;· First, the Face Amount of any other rider that contributes to the Total Face Amount will be decreased
or eliminated as described in that rider;

· Second, the Face Amount of this Rider will be decreased or eliminated; and

&nbsp;&nbsp;&nbsp;&nbsp;· Finally, Basic Life Coverage under the Policy will be decreased, not to exceed the Policy's Minimum
Basic Face Amount Following Decrease.

**RIDER CHARGE AND CREDITS**

**Rider Charge –** On each Monthly Payment Date prior to the Monthly Deduction End Date, a Rider Charge that is equal to the sum of the following is deducted from the Policy's Accumulated Value:

&nbsp;&nbsp;&nbsp;&nbsp;· The Rider Coverage Charge; plus

&nbsp;&nbsp;&nbsp;&nbsp;· The Rider Cost of Insurance Charge.

Each such charge is described below and may vary by Class. Note that Class includes the Policy form to which this Rider is attached. The charges described here are maximum charges we guarantee. We may charge less than these maximum charges as described in Changes to Rider Charges, below.

**Changes to Rider Charges –** We reserve the right to change any Rider Charge, subject to the maximum charges provided in the tables below. Such change may take place periodically, but no more frequently than annually. Any such change will be determined based on future anticipated or emerging experience for items including, but not limited to, investment earnings, mortality, persistency, taxes and expenses. Any changes will be based upon and vary by Class, and will apply uniformly to all members of the same Class.

**Rider Coverage Charge –** The Coverage Charge for this Rider is the sum of the Coverage Charges for each Rider Coverage Layer. The Coverage Charge for the initial Rider Coverage Layer will not exceed the Maximum Monthly Coverage Charge shown in the table below. The Coverage Charge for any later Rider Coverage Layer will not exceed the Maximum Monthly Coverage Charge shown in the Supplemental Schedule of Coverage to be sent to you when the Coverage Layer is added. This charge is based on the Face Amount of the Rider Coverage Layer as of its Coverage Layer Date. Even if the Face Amount of the Rider Coverage Layer is reduced to a zero-dollar value, Coverage Charges on the associated Rider

ICC18 S18SV3 Page [2]

POLICY NUMBER: [VF99999990]

**POLICY SPECIFICATIONS**

Coverage Layers will never decrease. The Rider Coverage Charge will be eliminated only upon Rider Termination.

**Rider Cost of Insurance Charge –** The Cost of Insurance Charge for this Rider is the sum of the Cost of Insurance Charges for each Rider Coverage Layer. The Cost of Insurance Charge for each Rider Coverage Layer is equal to (a x b), where:

a = The Maximum Monthly Cost of Insurance Rate for the Coverage Layer divided by 1000; and

b = The Net Amount at Risk allocated to the Coverage Layer.

The Net Amount at Risk is allocated proportionately to each Coverage Layer, including each Coverage Layer of other Riders that contribute to the Total Face Amount and each Coverage Layer of Basic Life Coverage under the Policy, according to Face Amount.

**Rider Credit –** There is no Rider Credit added to this Rider.

**GENERAL PROVISIONS OF THIS RIDER**

**Rider Conversion –** This Rider is convertible depending upon the presence of, and as provided in, any conversion benefits added by Policy or rider.

**Rider Termination –** This Rider will terminate on the earlier of:

&nbsp;&nbsp;&nbsp;&nbsp;· Your Written Request;

&nbsp;&nbsp;&nbsp;&nbsp;· The date the Rider Face Amount reduces to zero;

&nbsp;&nbsp;&nbsp;&nbsp;· The date the Policy ceases to be In Force;

&nbsp;&nbsp;&nbsp;&nbsp;· The death of the Insured.

**Rider Reinstatement –** If the Policy lapses and is later reinstated under its Reinstatement provision, then as long as this Rider was in effect on the date the Policy ceased to be In Force, this Rider will also be reinstated.

ICC18 S18SV3 Page [3]

POLICY NUMBER: [VF99999990]

**POLICY SPECIFICATIONS**

Table of Cost of Insurance (COI) Rates for

SVER Term Insurance – 3 Rider [(Guaranteed Issue)]

Insured: [John Doe]

Maximum Monthly Cost of Insurance Rates per $1000.00 of Net Amount at Risk applicable to this coverage.

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| Policy | COI Rate | Policy | COI Rate | Policy | COI Rate |
| Year |  | Year |  | Year |  |
| [1 | 0.11420 | 30 | 0.80520 | 59 | 20.24350 |
| 2 | 0.12510 | 31 | 0.89100 | 60 | 21.89610 |
| 3 | 0.13510 | 32 | 0.98280 | 61 | 23.37870 |
| 4 | 0.14680 | 33 | 1.07970 | 62 | 25.34290 |
| 5 | 0.15850 | 34 | 1.18520 | 63 | 27.50320 |
| 6 | 0.17180 | 35 | 1.30350 | 64 | 29.93860 |
| 7 | 0.18440 | 36 | 1.44140 | 65 | 32.62170 |
| 8 | 0.19520 | 37 | 1.60490 | 66 | 35.52070 |
| 9 | 0.20020 | 38 | 1.79600 | 67 | 38.34190 |
| 10 | 0.20610 | 39 | 2.01720 | 68 | 41.25060 |
| 11 | 0.21190 | 40 | 2.26640 | 69 | 44.19530 |
| 12 | 0.21780 | 41 | 2.54020 | 70 | 47.11980 |
| 13 | 0.22280 | 42 | 2.83630 | 71 | 49.95900 |
| 14 | 0.22860 | 43 | 3.15590 | 72 | 52.64660 |
| 15 | 0.23450 | 44 | 3.50430 | 73 | 56.64960 |
| 16 | 0.24450 | 45 | 3.89660 | 74 | 61.08170 |
| 17 | 0.25790 | 46 | 4.34480 | 75 | 66.01940 |
| 18 | 0.27370 | 47 | 4.86390 | 76 | 71.55390 |
| 19 | 0.29210 | 48 | 5.43720 | 77 | 77.81150 |
| 20 | 0.31300 | 49 | 6.15320 | 78 | 83.33330 |
| 21 | 0.33810 | 50 | 6.98110 | 79 | 83.33330 |
| 22 | 0.36660 | 51 | 7.94390 | 80 | 83.33330 |
| 23 | 0.39920 | 52 | 9.06070 | 81 | 83.33330 |
| 24 | 0.43600 | 53 | 10.33800 | 82 | 83.33330 |
| 25 | 0.47960 | 54 | 11.78270 | 83 | 83.33330 |
| 26 | 0.52900 | 55 | 13.34950 | 84 | 83.33330 |
| 27 | 0.58690 | 56 | 15.02480 | 85 | 83.33330 |
| 28 | 0.65150 | 57 | 16.75710 | 86 | 83.33330 |
| 29 | 0.72450 | 58 | 18.50020 | 87+ | 0] |

---

ICC18 S18SV3 Page [0]

POLICY NUMBER: [VF99999990]

**POLICY SPECIFICATIONS**

Table of Maximum Monthly Coverage Charges for

SVER Term Insurance – 3 Rider [(Guaranteed Issue)]

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  |  | Insured: | [John Doe] |  |  |
| Policy | Coverage | Policy | Coverage | Policy | Coverage |
| Year | Charges | Year | Charges | Year | Charge |
| [1 | $0.00 | 30 | 30.44 | 59 | 30.44 |
| 2 | 20.29 | 31 | 30.44 | 60 | 30.44 |
| 3 | 30.44 | 32 | 30.44 | 61 | 30.44 |
| 4 | 30.44 | 33 | 30.44 | 62 | 30.44 |
| 5 | 30.44 | 34 | 30.44 | 63 | 30.44 |
| 6 | 30.44 | 35 | 30.44 | 64 | 30.44 |
| 7 | 30.44 | 36 | 30.44 | 65 | 30.44 |
| 8 | 30.44 | 37 | 30.44 | 66 | 30.44 |
| 9 | 30.44 | 38 | 30.44 | 67 | 30.44 |
| 10 | 30.44 | 39 | 30.44 | 68 | 30.44 |
| 11 | 30.44 | 40 | 30.44 | 69 | 30.44 |
| 12 | 30.44 | 41 | 30.44 | 70 | 30.44 |
| 13 | 30.44 | 42 | 30.44 | 71 | 30.44 |
| 14 | 30.44 | 43 | 30.44 | 72 | 30.44 |
| 15 | 30.44 | 44 | 30.44 | 73 | 30.44 |
| 16 | 30.44 | 45 | 30.44 | 74 | 30.44 |
| 17 | 30.44 | 46 | 30.44 | 75 | 30.44 |
| 18 | 30.44 | 47 | 30.44 | 76 | 30.44 |
| 19 | 30.44 | 48 | 30.44 | 77 | 30.44 |
| 20 | 30.44 | 49 | 30.44 | 78 | 30.44 |
| 21 | 30.44 | 50 | 30.44 | 79 | 30.44 |
| 22 | 30.44 | 51 | 30.44 | 80 | 30.44 |
| 23 | 30.44 | 52 | 30.44 | 81 | 30.44 |
| 24 | 30.44 | 53 | 30.44 | 82 | 30.44 |
| 25 | 30.44 | 54 | 30.44 | 83 | 30.44 |
| 26 | 30.44 | 55 | 30.44 | 84 | 30.44 |
| 27 | 30.44 | 56 | 30.44 | 85 | 30.44 |
| 28 | 30.44 | 57 | 30.44 | 86 | 30.44 |
| 29 | 30.44 | 58 | 30.44 | 87+ | 0] |

---

ICC18 S18SV3 Page [1]

## Ex-99.(D)(Xv)

**Exhibit 99.(d)(xv)**

**NO-LAPSE GUARANTEE RIDER**

This rider ("Rider") becomes a part of the policy to which it is attached ("Policy"). If the provisions of this Rider and those of the Policy do not agree, the provisions of this Rider will apply. Please read it carefully.

**Rider Benefit Summary –** This Rider guarantees that the Policy will be In Force until the end of the No-Lapse Guarantee Period, provided the No-Lapse Guarantee Condition, described below, is in effect.

**No-Lapse Guarantee Period** – This is the period during which the Policy will remain In Force if the No-Lapse Guarantee is in effect. The No-Lapse Guarantee Period is shown in the Policy Specifications. The No-Lapse Guarantee Period begins on the Policy Date and does not re-start if coverage is added or increased.

To keep the Policy In Force at the end of the No-Lapse Guarantee Period, a payment sufficient for the Policy to meet the requirements necessary to remain In Force according to its terms must be made.

**No-Lapse Guarantee Premium** – This is an amount used during the No- Lapse Guarantee Period to determine the No-Lapse Credit. The No-Lapse Guarantee Premium is expressed as an annual amount and can change as described in the **Changes in No-Lapse Guarantee Premium** section below. The No-Lapse Guarantee Premium as of the Policy Date is shown in the Policy Specifications.

**No-Lapse Credit –** This is used to determine if the No-Lapse Guarantee is in effect. It is calculated at the beginning of each Policy month during the No-Lapse Guarantee Period, as described in the Policy Specifications.

**No-Lapse Guarantee Condition –** For the No-Lapse Guarantee to be in effect, the No-Lapse Credit less Policy Debt must be greater than or equal to zero.

**Net Cash Surrender Value** – This is the Cash Surrender Value less any Policy Debt.

**Changes in No-Lapse Guarantee Premium** – Any increase in Face Amount, scheduled or not, or addition or increase in coverage, will cause an increase in the No-Lapse Guarantee Premium. You will be informed of the amount of the changed No-Lapse Guarantee Premium. A decrease in Face Amount or in other coverage will not cause a decrease in the No-Lapse Guarantee Premium. Decreasing the Face Amount or other coverage may cause the amount of Premium that can be paid into the Policy to be restricted, as described in the Modified Endowment Contract Premium Limit and, when applicable, the Guideline Premium Limit provisions of the Policy.

**Catch-Up Amount** – If the No-Lapse Guarantee has become ineffective because the above condition has not been satisfied, the No-Lapse Guarantee can be brought back into effect by paying the Catch-Up Amount. The Catch-Up Amount is equal to the amount of premium necessary after deduction of the Premium Load so that the No-Lapse Credit less Policy Debt is greater than or equal to zero.

**No-Lapse Guarantee Benefit** – While the No-Lapse Guarantee is in effect, the Policy and any attached optional benefits that are currently In Force will remain In Force, even if the Policy would otherwise enter a Grace Period under its terms. The Policy will continue under the No-Lapse Guarantee and it will stay In Force so long as the No-Lapse Guarantee Condition continues to be met.

**Accumulated Value Deficit** – When the Policy is continued under the No-Lapse Guarantee, the Net Accumulated Value can be less than or equal to zero. If the Policy does not have sufficient Net Accumulated Value from which Monthly Deductions can be collected, then any uncollected Monthly Deductions, or portions thereof, are accumulated without interest as an Accumulated Value Deficit. Any Premium or Loan Repayment that is received while the Net Accumulated Value is less than or equal to zero and the No-Lapse Guarantee is in effect, will be applied to the Policy according to its terms. Beginning on the next Monthly Payment Date and until eliminated, the Accumulated Value Deficit will first be reduced and then Monthly Deductions will be processed according to the terms of the Policy.

ICC22 R22NLG Page [1 of 2]

**Other Riders Attached to Policy at Issue** – If the Policy is continued under the No-Lapse Guarantee, any attached Riders will continue or end according to their terms.

**Grace Period –** When the No-Lapse Guarantee Condition is not met, the No-Lapse Guarantee is not in effect. Consequently, the Policy may enter the Grace Period as described in, and in accordance with, the terms of the Policy.

A Grace Period of 61 days will be allowed. While this Rider is In Force, the Policy can be kept In Force by paying the lesser of:

· The Catch-Up Amount (see **Catch-Up Amount**) which will
cause the No-Lapse Guarantee to be in effect; or

· The amount due that is provided in a notification of pending termination as described
in the Policy.

**Reinstatement** – This Rider may not be reinstated if it was terminated before the date the Policy ceased to be In Force. Otherwise, this Rider will reinstate on the date the Policy is reinstated. Upon Reinstatement, any Catch-Up Amount and any Accumulated Value Deficit, without interest, will be restored. Any Catch-Up Amount existing at the time of Policy lapse must be paid upon Reinstatement for the No-Lapse Guarantee to be in effect.

**Rider Charge –** There is no Rider Charge for this Rider.

**Effective Date –** This Rider is In Force on the Policy Date.

**Termination** – This Rider will terminate at the earliest of the following:

· If a Rider with separate charges is added after the Policy
Date;

· On the date on which the Net No-Lapse Credit is less than
or equal to zero and the Policy Lapses as described in the Policy to which this Rider is attached; or

· At the end of the Guarantee Period.

**Effect of Additional Benefits on Rider Provisions –** Your policy may include additional benefits that were added by rider or endorsement. These rider and endorsement forms may include provisions that replace or amend provisions in this contract. **Please read Your entire policy including this Rider and all other forms carefully.**

**Conformity with IIPRC Standards –** This Rider was approved under the authority of the IIPRC and issued under the IIPRC standards. If there is any Rider provision that is in conflict with any IIPRC standards applicable to this Rider when this Rider was issued, the provision is amended to conform to that standard. Any such amendment is effective on the Rider's Effective Date.

Signed for Pacific Life Insurance Company,

---

| | |
|:---|:---|
| ![](tm2514633d2_exdxiva-03.jpg) | ![](tm2514633d2_exdxiva-04.jpg) |

---

[www.PacificLife.com] [(800) 347-7787]

ICC22 R22NLG Page [2 of 2]

## Ex-99.(D)(Xv)(A)

**Exhibit 99.(d)(xv)(a)**

POLICY NUMBER: [XXXXXXXXXX]

**POLICY SPECIFICATIONS**

**Summary of Coverages Effective on the Policy Date**

---

| | | | |
|:---|:---|:---|:---|
| ![](tm2514633d2_dxvaimg01.jpg) | | | ![](tm2514633d2_dxvaimg02.jpg) |
| ![](tm2514633d2_dxvaimg01.jpg) | &nbsp;&nbsp;R22NLG | No-Lapse Guarantee Rider | ![](tm2514633d2_dxvaimg02.jpg) |
| ![](tm2514633d2_dxvaimg01.jpg) | &nbsp;&nbsp;S22NLG |  | ![](tm2514633d2_dxvaimg02.jpg) |
| ![](tm2514633d2_dxvaimg01.jpg) |  |  | ![](tm2514633d2_dxvaimg02.jpg) |
| ![](tm2514633d2_dxvaimg01.jpg) |  |  | ![](tm2514633d2_dxvaimg02.jpg) |
| ![](tm2514633d2_dxvaimg01.jpg) | | | ![](tm2514633d2_dxvaimg02.jpg) |
| ![](tm2514633d2_dxvaimg01.jpg) |  |  | ![](tm2514633d2_dxvaimg02.jpg) |
| ![](tm2514633d2_dxvaimg01.jpg) |  |  | ![](tm2514633d2_dxvaimg02.jpg) |
| ![](tm2514633d2_dxvaimg01.jpg) |  |  | ![](tm2514633d2_dxvaimg02.jpg) |

---

[ICC22 S22PLS] Page [X]

POLICY NUMBER: [XXXXXXXXXX]

**POLICY SPECIFICATIONS**

**No-Lapse Guarantee Rider**

---

| | |
|:---|:---|
| **Guarantee Period:** | [60] Years |
| **Annual No-Lapse Guarantee Premium:** | $[1,202.93] |
| **No-Lapse Factor:** | [1.00643403] |

---

**No-Lapse Credit**

**No-Lapse Credit –** The No-Lapse Credit as of the Policy Date, which is also the first Monthly Payment Date, is equal to the premium paid less one-twelfth of the Annual No-Lapse Guarantee Premium. On any other Monthly Payment Date, the No-Lapse Credit is equal to (a + b - c) - d, where:

a = the No-Lapse Credit as of the prior Monthly Payment Date multiplied by i; where i is:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· no greater than the No-Lapse Factor shown above, if the No-Lapse Credit less Policy Debt is negative; otherwise, i is:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· [1.00000000];

b = the premiums received since the prior Monthly Payment Date;

c = withdrawals taken since the prior Monthly Payment Date; and

d = one-twelfth of the then current Annual No-Lapse Guarantee Premium.

ICC22 S22NLG Page [X]

## Ex-99.(D)(Xvi)

**Exhibit 99.(d)(xvi)**

**LONG TERM PERFORMANCE RIDER**

This rider ("Rider") becomes a part of the policy to which it is attached ("Policy"). If the provisions of this Rider and those of the Policy do not agree, the provisions of the Rider will apply**. Please read it carefully.** Definitions used in this Rider and in the Policy are capitalized and incorporated in the Rider provisions below.

**Rider Benefit Summary – While this Rider is In Force, it provides additional term coverage on the Insured and may provide higher long term cash values under the Policy. The Face Amount of this Rider contributes to the Total Face Amount, and consequently, to the Death Benefit of the Policy. Death Benefit Proceeds are payable to the beneficiary as described in the Policy. This Rider has no Accumulated Value of its own but affects the Policy's Accumulated Value because charges reduce the Policy's Accumulated Value as described below, and credits, if any, increase the Policy's Accumulated Value. There are Rider Charges associated with this Rider and this Rider increases the Maximum Surrender Charges under the Policy.**

**Insured –** As used in this Rider, the Insured means the individual covered under the Policy's Basic Life Coverage, shown in the Policy Specifications.

**Rider Coverage Layer –** The Rider Coverage Layer is a layer of insurance coverage under this Rider. There may be one or more Rider Coverage Layers. Any elective increase in Rider Face Amount will comprise a new Rider Coverage Layer. Each Rider Coverage Layer has its own Face Amount, Risk Class, Coverage Layer Date, and set of charges including Maximum Surrender Charges which are shown in the Policy Specifications for the initial Rider Coverage Layer. The Face Amount, Risk Class, effective date, Coverage Layer Date and set of charges including Maximum Surrender Charges for any Rider Coverage Layer added after the Policy Date will be shown in a Supplemental Schedule of Coverage sent to the Address on Record at that time. The Coverage Layer Date and the Rider Coverage Charge associated with each Rider Coverage Layer remain unchanged, even if that Rider Coverage Layer is reduced to zero, until this Rider is terminated.

**Rider Face Amount –** The Rider Face Amount is the sum of the Face Amounts of all Rider Coverage Layers under this Rider.

**Elective Increase in Rider Face Amount –** An elective increase in Rider Face Amount is an increase to the Face Amount of this Rider that You apply for after the Policy Date. If the Policy allows elective increases in Face Amount, then increases in Rider Face Amount may be permitted.

We reserve the right in our sole discretion to restrict any elective increase in Rider Face Amount to one per Policy year. In such case, the effective date of the increase will be the Policy anniversary on or next following the date Your application In Writing is approved by Us or any other Policy anniversary you request, and we approve. Any restrictions to an elective increase in Rider Face Amount will apply uniformly to all members of the same Class.

**Decrease in Rider Face Amount –** You may request to decrease the Rider Face Amount, subject to the provisions in the Policy. Coverage will be decreased as described in the Policy Specifications.

**RIDER AND TERMINATION CHARGES**

**Rider Charge –** There will be a charge for this Rider on each Monthly Payment Date prior to the Monthly Deduction End Date. This Rider Charge is described in the Policy Specifications.

**Termination Charge –** Upon Rider Termination, a Termination Charge may reduce the Policy's Accumulated Value under certain conditions as described in the Policy Specifications.

If the Policy's Net Accumulated Value after a Termination Charge has been deducted is insufficient to provide for the Policy's Monthly Deductions, the Policy will enter the Grace Period as described in the Grace Period provision of the Policy.

ICC25 R25LTP [Page 1]

The Maximum Termination Charge is shown in the Policy Specifications. We may charge less than such maximum charge. Any lesser charge will apply uniformly to all members of the same Class.

**Effect on the Policy –** While this Rider is In Force, the Maximum Surrender Charges under the Policy are increased based upon the Face Amount of each Rider Coverage Layer as of its Coverage Layer Date.

**GENERAL PROVISIONS OF THIS RIDER**

**Rider Conversion –** This Rider and the Rider Face Amount are eligible for conversion depending upon the presence of, and as provided in, any conversion benefits added by Policy, endorsement, or rider.

**Rider Reinstatement –** If the Policy lapses and is later reinstated under its Reinstatement provision, then as long as this Rider was in effect on the date the Policy ceased to be In Force, this Rider will also be reinstated.

**Effective Date –** This Rider is in effect on the Policy Date and stays In Force until it terminates as described in Rider Termination.

**Rider Termination –** This Rider will terminate on the earlier of:

· Your Written Request;

· The date the Rider Face Amount reduces to zero; and

· The date the Policy ceases to be In Force.

Upon Rider Termination, all Rider Charges and any benefits associated with this Rider will be terminated, a Termination Charge may reduce the Policy's Accumulated Value as described in Termination Charge.

**Effect of Additional Benefits on Rider Provisions –** Your Policy may include additional benefits that were added by rider or endorsement. These rider and endorsement forms may include provisions that replace or amend provisions in this contract. Alternatively, the provisions in this Rider may replace or amend provisions in additional benefits that were added by rider or endorsement. **Please read the entire Policy, including this Rider and all other forms carefully.**

**Conformity with IIPRC Standards –** This Rider was approved under the authority of the IIPRC and issued under the IIPRC standards. If there is any Rider provision that conflicts with any IIPRC standards in effect as of the date this Rider is approved by the IIPRC, then that provision is amended to conform to the applicable IIPRC standard in effect on the date of such approval.

Signed for Pacific Life Insurance Company,

---

| | |
|:---|:---|
| ![](tm2514633d2_exdxiva-03.jpg) | ![](tm2514633d2_exdxiva-04.jpg) |

---

[www.PacificLife.com] [(800) 347-7787]

ICC25 R25LTP [Page 2]

## Ex-99.(D)(Xvi)(A)

**Exhibit 99.(d)(xvi)(a)**

POLICY NUMBER: [VF99999990]

POLICY SPECIFICATIONS

**Long Term Performance Rider**

**FACE AMOUNT**

**Impact of Increases to Policy Benefits on the Rider Face Amount –** If the Total Face Amount of the Policy is increased by way of a Policy change other than a requested increase, then the Coverage Layer with the most recent Coverage Layer Date will be increased. If more than one Coverage Layer share the most recent Coverage Layer Date, then the order of Coverage Layer increases shown below will be followed:

&nbsp;&nbsp;&nbsp;&nbsp;· [First, the Face Amount of any other rider that contributes to the Total Face Amount will be increased
as described in that rider;]

&nbsp;&nbsp;&nbsp;&nbsp;· [Second, if no other riders contribute to the Total Face Amount, the Face Amount of this Rider will be
increased.]

**Decrease In Rider Face Amount –** If You request to decrease the Rider Face Amount of this Rider, then the [Rider Coverage Layer with the most recent Coverage Layer Date will be decreased first.]

If the Total Face Amount of the Policy is decreased, then the Rider Face Amount of this Rider may be decreased. If the Total Face Amount is decreased via a Policy change other than a requested decrease, then the Face Amounts of Coverage Layers with the most recent Coverage Layer Date will be decreased. If more than one Coverage Layer share the most recent Coverage Layer Date, then the order of Face Amount decreases shown below will be followed:

&nbsp;&nbsp;&nbsp;&nbsp;· [First, the Face Amount of any other rider that contributes to the Total Face Amount will be decreased
until it is eliminated as described in that rider;]

&nbsp;&nbsp;&nbsp;&nbsp;· [Second, the Rider Face Amount of this Rider will be decreased until it is eliminated; and]

&nbsp;&nbsp;&nbsp;&nbsp;· [Finally, the Basic Face Amount under the Policy will be decreased, not to exceed the Policy's Minimum
Basic Face Amount Following Requested Decrease].

**CHARGES**

**Rider Charge –** On each Monthly Payment Date prior to the Monthly Deduction End Date, a Rider Charge that is equal to the sum of the following is deducted from the Policy's [Fixed Account Value]:

&nbsp;&nbsp;&nbsp;&nbsp;· The Rider Coverage Charge; plus

&nbsp;&nbsp;&nbsp;&nbsp;· The Rider Cost of Insurance Charge.

Each such charge is described below and may vary by Class. Note that Class includes the Policy form to which this Rider is attached. The charges described here are guaranteed maximum charges. We may charge less than these maximum charges and any lesser charge will apply uniformly to all members of the same Class.

**Rider Coverage Charge –** The Rider Coverage Charge is equal to the sum of the Rider Coverage Charges for each Rider Coverage Layer. The Rider Coverage Charge for the initial Rider Coverage Layer will not exceed the Maximum Monthly Rider Coverage Charge shown in the table below. The Rider Coverage Charge for any later Rider Coverage Layer will not exceed the Maximum Monthly Rider Coverage Charge shown in the Supplemental Schedule of Coverage to be sent to the Address on Record when the Rider Coverage Layer is added. This charge is based on the Face Amount of the Rider Coverage Layer as of its Coverage Layer Date. Even if the Face Amount of the Rider Coverage Layer is reduced to zero, Rider Coverage Charges on the associated Rider Coverage Layers will never decrease. The Rider Coverage Charge will be eliminated only upon Rider Termination.

ICC25 S25LTP Page [1]

POLICY NUMBER: [VF99999990]

POLICY SPECIFICATIONS

**Rider Cost of Insurance Charge –** The Rider Cost of Insurance Charge is equal to the sum of the Rider Cost of Insurance Charges for each Rider Coverage Layer. The Rider Cost of Insurance Charge for each Rider Coverage Layer is equal to (a x b), where:

a = The Monthly Cost of Insurance Rate for the Rider Coverage Layer divided by 1000; and

b = The Net Amount at Risk allocated to the Rider Coverage Layer.

The Net Amount at Risk is allocated proportionately to each Rider Coverage Layer, including each Coverage Layer of other Riders that contribute to the Total Face Amount and each Coverage Layer of Basic Life Coverage under the Policy relative to the Face Amount.

The Maximum Monthly Cost of Insurance Rates for each Rider Coverage Layer are shown in the table below. We reserve the right to charge rates that are lower than the maximums shown. Any lower Rider Cost of Insurance Rates will apply uniformly to all members of the same Class.

**TERMINATION CHARGE**

**Termination Charge Conditions –** If the Rider is terminated [by Written Request, or if the Rider Face Amount is reduced to zero due to a Death Benefit Option Change, a requested Face Amount Decrease or a withdrawal], and the Policy remains In Force, any applicable Termination Charge will be deducted from the Policy's [Fixed Account] Value on the first Monthly Payment Date on or following the date the Rider is terminated. If the Rider terminates [for any other reason including if an accelerated death benefit payment reduces the Rider Face Amount to zero], a Termination Charge will not be deducted from the Policy's [Fixed Account] Value.

**Maximum Termination Charge –** The Maximum Termination Charge is the sum of the Maximum Termination Charges on any Rider Coverage Layer that has an associated Termination Charge. The Maximum Termination Charges for the initial Rider Coverage Layer are shown in the Termination Charge Table, below.

If there have been decreases in the Face Amount of any Rider Coverage Layer, including decreases due to withdrawals, the Maximum Termination Charge for that Rider Coverage Layer will not change because of the decrease. The Maximum Termination Charge described is the guaranteed maximum charge. We may charge less than such guaranteed maximum charge. Any lesser charge will apply uniformly to all members of the same Class.

In addition, any Rider Coverage Layer representing an increase in coverage that has an associated Termination Charge will be provided in a Supplemental Schedule of Coverage. The Maximum Termination Charges for any such Rider Coverage Layer will be effective as of its Coverage Layer Date and as of the beginning of each Coverage Year thereafter and will decrease in the same manner as each initial Rider Coverage Layer.

This charge is based on the Face Amount of the Rider Coverage Layer as of its Coverage Layer Date.

ICC25 S25LTP Page [2]

POLICY NUMBER: [VF99999990]

POLICY SPECIFICATIONS

**Table of Maximum Monthly Coverage Charges for**

**Long Term Performance Rider [(Guaranteed Issue)]**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Insured: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[John Doe] |  |  |
| Policy | Coverage | Policy | Coverage | Policy | Coverage |
| Year | Charge | Year | Charge | Year | Charge |
| [1 | $28.13 | 30 | 28.13 | 59 | 28.13 |
| 2 | 28.13 | 31 | 28.13 | 60 | 28.13 |
| 3 | 28.13 | 32 | 28.13 | 61 | 28.13 |
| 4 | 28.13 | 33 | 28.13 | 62 | 28.13 |
| 5 | 28.13 | 34 | 28.13 | 63 | 28.13 |
| 6 | 28.13 | 35 | 28.13 | 64 | 28.13 |
| 7 | 28.13 | 36 | 28.13 | 65 | 28.13 |
| 8 | 28.13 | 37 | 28.13 | 66 | 28.13 |
| 9 | 28.13 | 38 | 28.13 | 67 | 28.13 |
| 10 | 28.13 | 39 | 28.13 | 68 | 28.13 |
| 11 | 28.13 | 40 | 28.13 | 69 | 28.13 |
| 12 | 28.13 | 41 | 28.13 | 70 | 28.13 |
| 13 | 28.13 | 42 | 28.13 | 71 | 28.13 |
| 14 | 28.13 | 43 | 28.13 | 72 | 28.13 |
| 15 | 28.13 | 44 | 28.13 | 73 | 28.13 |
| 16 | 28.13 | 45 | 28.13 | 74 | 28.13 |
| 17 | 28.13 | 46 | 28.13 | 75 | 28.13 |
| 18 | 28.13 | 47 | 28.13 | 76 | 28.13 |
| 19 | 28.13 | 48 | 28.13 | 77 | 28.13 |
| 20 | 28.13 | 49 | 28.13 | 78 | 28.13 |
| 21 | 28.13 | 50 | 28.13 | 79 | 28.13 |
| 22 | 28.13 | 51 | 28.13 | 80 | 28.13 |
| 23 | 28.13 | 52 | 28.13 | 81 | 28.13 |
| 24 | 28.13 | 53 | 28.13 | 82 | 28.13 |
| 25 | 28.13 | 54 | 28.13 | 83 | 28.13 |
| 26 | 28.13 | 55 | 28.13 | 84 | 28.13 |
| 27 | 28.13 | 56 | 28.13 | 85 | 28.13 |
| 28 | 28.13 | 57 | 28.13 | 86 | 28.13 |
| 29 | 28.13 | 57 | 28.13 | 87+ | 0] |

---

ICC25 S25LTP Page [3]

POLICY NUMBER: [VF99999990]

POLICY SPECIFICATIONS

**Table of Maximum Monthly Cost of Insurance (COI) Rates for**

**Long Term Performance Rider [(Guaranteed Issue)]**

Insured: [John Doe]

Maximum Monthly Cost of Insurance Rates per $1000.00 of Net Amount at Risk applicable to this coverage.

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| Policy | COI Rate | Policy | COI Rate | Policy | COI Rate |
| Year |  | Year |  | Year |  |
| [1 | 0.11420 | 30 | 0.80520 | 59 | 20.24350 |
| 2 | 0.12510 | 31 | 0.89100 | 60 | 21.89610 |
| 3 | 0.13510 | 32 | 0.98280 | 61 | 23.37870 |
| 4 | 0.14680 | 33 | 1.07970 | 62 | 25.34290 |
| 5 | 0.15850 | 34 | 1.18520 | 63 | 27.50320 |
| 6 | 0.17180 | 35 | 1.30350 | 64 | 29.93860 |
| 7 | 0.18440 | 36 | 1.44140 | 65 | 32.62170 |
| 8 | 0.19520 | 37 | 1.60490 | 66 | 35.52070 |
| 9 | 0.20020 | 38 | 1.79600 | 67 | 38.34190 |
| 10 | 0.20610 | 39 | 2.01720 | 68 | 41.25060 |
| 11 | 0.21190 | 40 | 2.26640 | 69 | 44.19530 |
| 12 | 0.21780 | 41 | 2.54020 | 70 | 47.11980 |
| 13 | 0.22280 | 42 | 2.83630 | 71 | 49.95900 |
| 14 | 0.22860 | 43 | 3.15590 | 72 | 52.64660 |
| 15 | 0.23450 | 44 | 3.50430 | 73 | 56.64960 |
| 16 | 0.24450 | 45 | 3.89660 | 74 | 61.08170 |
| 17 | 0.25790 | 46 | 4.34480 | 75 | 66.01940 |
| 18 | 0.27370 | 47 | 4.86390 | 76 | 71.55390 |
| 19 | 0.29210 | 48 | 5.43720 | 77 | 77.81150 |
| 20 | 0.31300 | 49 | 6.15320 | 78 | 83.33330 |
| 21 | 0.33810 | 50 | 6.98110 | 79 | 83.33330 |
| 22 | 0.36660 | 51 | 7.94390 | 80 | 83.33330 |
| 23 | 0.39920 | 52 | 9.06070 | 81 | 83.33330 |
| 24 | 0.43600 | 53 | 10.33800 | 82 | 83.33330 |
| 25 | 0.47960 | 54 | 11.78270 | 83 | 83.33330 |
| 26 | 0.52900 | 55 | 13.34950 | 84 | 83.33330 |
| 27 | 0.58690 | 56 | 15.02480 | 85 | 83.33330 |
| 28 | 0.65150 | 57 | 16.75710 | 86 | 83.33330 |
| 29 | 0.72450 | 58 | 18.50020 | 87+ | 0] |

---

ICC25 S25LTP Page [4]

POLICY NUMBER: [VF99999990]

POLICY SPECIFICATIONS

**Maximum Termination Charge Effective at**

**Beginning of Coverage Year [(Guaranteed Issue)]**

Insured: [John Doe]

[Maximum Termination Charges are reduced by 1/12 of the Reduction Factor on each Monthly Payment Date after the Coverage anniversary.]

---

| | | |
|:---|:---|:---|
| Coverage | Maximum | Reduction |
| Year | Termination | Factor |
| [1 | Charge |  |
| [1 | $3006.00 | 48.00 |
| 2 | 2958.00 | 49.20 |
| 3 | 2908.80 | 48.00 |
| 4 | 2860.80 | 49.20 |
| 5 | 2811.60 | 469.20 |
| 6 | 2342.40 | 468.00 |
| 7 | 1874.40 | 469.20 |
| 8 | 1405.20 | 468.00 |
| 9 | 937.20 | 469.20 |
| 10 | 468.00 | 468.00 |
| 11+ | 0 | 0] |

---

ICC25 S25LTP Page [5]

POLICY NUMBER: [VF99999990]

POLICY SPECIFICATIONS

**Summary of Coverages Effective on The Policy Date**

---

| | | | | |
|:---|:---|:---|:---|:---|
| ![](tm2514633d2_ex99-dxviaimg003.jpg) |  |  |  | ![](tm2514633d2_ex99-dxviaimg002.jpg) |
| ![](tm2514633d2_ex99-dxviaimg003.jpg) |  |  |  | ![](tm2514633d2_ex99-dxviaimg002.jpg) |
| ![](tm2514633d2_ex99-dxviaimg003.jpg) |  |  |  | ![](tm2514633d2_ex99-dxviaimg002.jpg) |
| ![](tm2514633d2_ex99-dxviaimg003.jpg) | R25LTP | Long Term Performance Rider [(Guaranteed Issue)] | Long Term Performance Rider [(Guaranteed Issue)] | ![](tm2514633d2_ex99-dxviaimg002.jpg) |
| ![](tm2514633d2_ex99-dxviaimg003.jpg) | S25LTP |  |  | ![](tm2514633d2_ex99-dxviaimg002.jpg) |
| ![](tm2514633d2_ex99-dxviaimg003.jpg) |  |  |  | ![](tm2514633d2_ex99-dxviaimg002.jpg) |
| ![](tm2514633d2_ex99-dxviaimg003.jpg) |  | Rider Face Amount: | $[100,000] | ![](tm2514633d2_ex99-dxviaimg002.jpg) |
| ![](tm2514633d2_ex99-dxviaimg003.jpg) |  |  |  | ![](tm2514633d2_ex99-dxviaimg002.jpg) |
| ![](tm2514633d2_ex99-dxviaimg003.jpg) |  |  |  | ![](tm2514633d2_ex99-dxviaimg002.jpg) |
| ![](tm2514633d2_ex99-dxviaimg003.jpg) |  |  |  | ![](tm2514633d2_ex99-dxviaimg002.jpg) |
| ![](tm2514633d2_ex99-dxviaimg003.jpg) |  |  |  | ![](tm2514633d2_ex99-dxviaimg002.jpg) |
| ![](tm2514633d2_ex99-dxviaimg003.jpg) |  |  |  | ![](tm2514633d2_ex99-dxviaimg002.jpg) |

---

[ICC25 S25VEN2] Page [6]

## Ex-99.(E)(I)

**Exhibit 99.(e)(i)**

---

| | |
|:---|:---|
| &nbsp;&nbsp;![GRAPHIC](tm2514633d2_ex99-xdxexiimg01.jpg) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ICC25 A25IADMS Page 1 of 4 15-xxxxx-00 xx/2025 BAR CODE PACIFIC LIFE INSURANCE COMPANY Consumer Market Division - Life Insurance P.O. Box 2030 • Omaha, NE 68103-2030 (800) 347-7787 • Fax (866) 964-4860 www.PacificLife.com APPLICATION FOR INDIVIDUAL LIFE SUPPLEMENT – PACIFIC ADMIRAL VUL Policy Number: Proposed Insured's Name: First MI Last Suffix Date of Birth (mm/dd/yyyy) Face Amount/Death Benefit Death Benefit Option (Check one): Basic Coverage Amount Check type(s) of term & enter first year coverage amount only. Check Varying box if term coverage varies. Annual Renewable Term Varying $ Annual Renewable Term – Additional Insured $ Scheduled Annual Renewable Term $ Total Initial Coverage = $ Option A (Level) Option B (Increasing) Option C (Face Amount plus premiums, less distributions, is subject to limit shown in the illustration.) Life Insurance Qualification Test (Check one): Guideline Premium Test (GPT) Cash Value Accumulation Test (CVAT) Optional Benefits Accelerated Death Benefit Rider for Long-Term Care (Complete supplement form) Flexible Duration No Lapse Guarantee Rider ______________________________________________ ______________________________________________ To Opt Out, check if applicable: Accelerated Death Benefit Rider for Chronic Illness Accelerated Death Benefit Rider for Terminal Illness Overloan Protection Rider _____________________________________________ Transaction Authorization As the Policyowner, I understand that by checking the box below, Pacific Life Insurance Company (PLIC) will act upon my telephone and/or electronic instructions for all of the following requests. • Transfer Between Investment Options • Initiate Dollar Cost Averaging • Rebalance Variable Investment Options • Change Future Premium Allocation Instructions • Initiate Policy Loans PLIC will use reasonable procedures to confirm that these requests are authorized and genuine. As long as these procedures are followed, PLIC and its affiliates and their directors, trustees, officers, employees, representatives, and/or agents, will be held harmless for any claim, liability, loss, or cost. I further understand and agree that telephone and/or electronic transfers and allocation changes will be subject to the Policy's terms and conditions and PLIC's administrative requirements. • By checking "YES," I give my authorization for such telephone and/or electronic requests. YES Producer/Other Party Transaction Authorization (Optional) 1. As the Policyowner, I authorize and appoint the party listed below to act on my behalf for the following limited requests, including any telephone and/or electronic requests: A. Appointee's Name: First MI Last B. Relationship to Policyowner Producer Other Party Check one: C. All Requests (listed in the Transaction Authorization section) D. All Requests (listed in the Transaction Authorization section) except initiating Policy Loans |

---

---

| | |
|:---|:---|
| &nbsp;&nbsp;![GRAPHIC](tm2514633d2_ex99-xdxexiimg02.jpg) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ICC25 A25IADMS Page 2 of 4 15-xxxxx-00 xx/2025 Premium Allocation Investment Options (Required) Indicate the percentage amount to be allocated to each of the investment options. Investment options are grouped alphabetically by asset class. Refer to your VUL product prospectus for the current list of available investment options and more information about them. (The total of the percentages must be 100%) Domestic Equity Sector/Specialty Fidelity VIP Total Market Index Vanguard VIF Real Estate Index Neuberger Berman AMT Sustainable Equity Cash Equivalents PSF Equity Index (BlackRock) Fidelity VIP Govt Money Market PSF Hedged Equity (JPMorgan) Fixed Income PSF Large-Cap Plus Bond Alpha (PLFA/FDS) DFA VA Short-Term Fixed PSF Mid-Cap Plus Bond Alpha (PLFA/FDS) Fidelity VIP Bond Index PSF QQQ Plus Bond Alpha (PLFA/FDS) PSF Bond Plus (PLFA/FDS) PSF Small-Cap Index (BlackRock) PSF Floating Rate Income (Aristotle Pacific) PSF Small-Cap Plus Bond Alpha (PLFA/FDS) PSF Inflation Managed (PIMCO) Vanguard VIF Mid Cap Index Vanguard VIF Global Bond Index Asset Allocation/Balanced Vanguard VIF High Yield Bond PSF ESG Diversified (PLFA) Indexed Account Options PSF ESG Diversified Growth (PLFA) Pacific Life-1 Year Indexed Account PSF Pac Dyn – Aggr Growth (PLFA) Pacific Life-1 Year Indexed Account 4 (1-Year No Cap) PSF Pac Dyn – Conserv Growth (PLFA) Pacific Life-1 Year Indexed Account 6 (1-Year High Cap Plus) PSF Pac Dyn – Growth (PLFA) Fixed Account Options PSF Pac Dyn – Mod Growth (PLFA) Pacific Life-Fixed Account International Equity Pacific Life-Fixed LT Account DFA VA Intl Small Other Approved Investment Options Fidelity VIP Intl Index PSF Intl Equity Plus Bond Alpha (PLFA/FDS) Must Total 100% |

---

---

| | |
|:---|:---|
| &nbsp;&nbsp;![GRAPHIC](tm2514633d2_ex99-xdxexiimg03.jpg) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ICC25 A25IADMS Page 3 of 4 15-xxxxx-00 xx/2025 Policy Information for Variable Life Insurance Acknowledgment With respect to the purchase of this variable life insurance policy, by signing this Application I, the Policyowner acknowledge that: • I understand that the amount and duration of the death benefit may vary, depending on the investment performance of the variable investment options. • I understand that the policy values may increase or decrease, depending on the investment experience of the variable investment options. • I have considered my liquidity needs, risk tolerance and investment time horizon in selecting the variable investment options. • My registered representative provided me with a copy of the prospectus(es) for the variable life insurance policy I applied for, as well as prospectuses for all variable insurance investment options which are available within the policy. POLICY VALUES MAY INCREASE OR DECREASE, AND MAY EVEN BE REDUCED TO ZERO AND CAUSE THE POLICY TO LAPSE WITHOUT VALUE, DEPENDING ON THE EXPERIENCE OF THE VARIABLE INVESTMENT OPTIONS. THE DEATH BENEFIT MAY BE VARIABLE OR FIXED UNDER SPECIFIED CONDITIONS. A CURRENT ILLUSTRATION OF BENEFITS, INCLUDING DEATH BENEFIT AND HYPOTHETICAL CASH SURRENDER VALUE, IS AVAILABLE UPON REQUEST. Illustration Disclosure I, the Policyowner, understand that I have applied for and/or purchased a variable universal life insurance Policy from PLIC. I understand the following about variable universal life insurance and variable universal life insurance illustrations: • Policy illustrations demonstrate the workings of a policy over time. Policy illustrations are presentations of non-guaranteed policy values over a period of years, based on assumptions of future investment results and assumptions as to what policy charges and credits will then be in effect. The hypothetical investment rates used in illustrations are illustrative only and should not be deemed to represent past or future investment results. • In addition to investment results, future policy values depend on policy charges and credits. These charges and credits are determined by and may be adjusted by PLIC subject to contractual guarantees. • Future Policy values are also dependent on the amount and timing of premium payments, withdrawals, and loans. Policy cash values may be more or less than premiums paid. • The actual performance of the Policy is likely to vary from the illustration as actual investment results and future Policy charges and credits are either more or less favorable than illustrated. Such changes are likely to change the amount or number of required premiums to meet the original goals. • I understand that PLIC does not issue life insurance policies based on hypothetical life insurance illustrations and that any such hypothetical life insurance illustrations are neither an offer to insure by PLIC nor are illustrations part of the life insurance contract. Additionally, the illustration may be based on policy options that require future action. Consult with your representative to determine which (if any) illustrated policy options require future action. • PLIC does not offer legal advice regarding state and federal tax laws pertaining to life insurance. Variable Optional Services (Optional) If the following optional services are desired, complete the [New Business Variable Optional Services] form. • Portfolio Rebalancing • Dollar Cost Averaging (DCA) • First Year Transfer (FYT) • Scheduled Indexed Transfer (SIT) • Fixed Interest Sweep (ISW) Declarations The answers provided in this Application Supplement, in addition to the answers provided in the Application, are true and complete to the best of my knowledge and belief. I understand and agree to the following: 1. Acceptance of a life insurance Policy will be ratification of any administrative change with respect to such Policy made by Pacific Life Insurance Company (PLIC) as indicated under the title Endorsement, where permitted by state law. All other changes made to the Application, Application Supplement or Policy by PLIC will be indicated on an Amendment to Application form that must be signed by all applicable parties, prior to or at the time of delivery of this Policy; 2. No Producer is authorized to make or change contracts or insurance policies on the behalf of PLIC and no Producer may alter the terms of this Application Supplement or the Policy, nor does the Producer have the authority to waive any of PLIC's rights or requirements; 3. The Policy as applied for in this Application Supplement will meet my insurance needs and financial objectives based in part upon my age, income, net worth, tax and family status, and any existing insurance policies I own; 4. If this Application and Application Supplement are for a product with an indexed feature, I acknowledge that: I am applying for a product with an indexed feature, for which the crediting for the indexed account tracks the gains and the losses of an outside financial index, subject to a floor and either a growth cap or a threshold, whichever applies. I further understand that, while the values of the Policy may be determined in part, by reference to an external index, the indexed feature does not directly participate in any stock or equity investments and values shown to me, other than the minimum values, are not guarantees, promises, or warranties; |

---

---

| | |
|:---|:---|
| &nbsp;&nbsp;![GRAPHIC](tm2514633d2_ex99-xdxexiimg04.jpg) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ICC25 A25IADMS Page 4 of 4 15-xxxxx-00 xx/2025 Declarations (Continued) 5. The statements and answers in the Application and Application Supplement are the basis for any Policy issued by PLIC and no information will be considered to have been given to PLIC unless it is stated in the Application; 6. I understand that only the Producer signing this Application and Application Supplement is responsible for ensuring that the Policy meets my insurance needs and financial objectives, regardless of whether a PLIC employee attended any meetings to discuss the Policy; 7. I understand that PLIC is not authorized to engage in any activity in non-U.S. jurisdictions, and I will perform all parts of the Application, underwriting and delivery associated with this Policy in a U.S. jurisdiction; and 8. This Application Supplement will be attached to and made part of the Policy. Signatures If you are signing on behalf of an entity, you represent that you are authorized to execute this document and make the statements that are shown. You further represent that all requirements of those entities, including the use of any seal (in the case of a Corporation) and any authorized signatures (in the case of a Corporation and/or Trust), have been met. Fraud Notice: Any person who knowingly presents a false statement in an application for insurance may be guilty of a criminal offense and subject to penalties under state law. If Policyowner/Applicant is under age 18, a signature of parent/guardian is required in place of the minor's signature. SIGNED AND DATED ON: Date (mm/dd/yyyy) X X Policyowner/Applicant's Signature, include Title if Corporation, Trust, or Business Entity. Additional Policyowner/Applicant's Signature & Title, if applicable Producer's Certification I certify that I have truly and accurately recorded the information supplied in the Application Supplement. X Date (mm/dd/yyyy) Soliciting Producer's Signature |

---

## Ex-99.(Q)

**Exhibit 99.(q)**

PACIFIC LIFE INSURANCE COMPANY'S

DESCRIPTION OF ISSUANCE, TRANSFER AND REDEMPTION

PROCEDURES FOR POLICIES PURSUANT TO

RULE 6e-3(T)(b)(12)(iii)

This document sets forth the administrative procedures that will be followed by Pacific Life Insurance Company ("Pacific Life") in connection with the issuance of its Pacific Admiral VUL 2 and MVP VUL Admiral 2 Flexible Premium Variable Life Insurance Policies (collectively referred herein as "Policy"), the transfer of assets held under the Policy, and the redemption by Policy Owners of their interests in said Policy. The defined terms used in this document are the same as defined in the Policy prospectus.

I. PURCHASE AND RELATED TRANSACTIONS

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A. <u>Premium Schedules and Underwriting Standards</u>

The Policy is a flexible premium variable life insurance policy. The Policy provides lifetime insurance protection on the life of the insured named in the Policy, with a death benefit payable when the insured dies while the Policy is In Force. A Policy Owner may elect one of three options to calculate the amount of death benefit payable under the Policy. The Policy will be offered and sold pursuant to an established mortality structure and underwriting standards in accordance with state insurance laws which prohibit unfair discrimination among Policy Owners, but allow cost of insurance rates to be based upon factors such as age, health or occupation.

A Policy Owner may choose the amount and frequency of premium payments, subject to a minimum of $50 per payment.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B. <u>Application and Initial Premium Processing</u>

Upon receipt of a completed application for a Policy, Pacific Life will follow certain insurance underwriting (i.e., evaluation of risk) procedures designed to determine whether the proposed insured is insurable. This process may involve verification procedures and may require that further information be provided by the applicant before a determination can be made. Pacific Life will first become obligated under a Policy when the total initial premium is received or on the date the application is accepted by Pacific Life, whichever is later.

After the Policy is issued, insurance coverage under the Policy will be deemed to have begun as of the Policy Date. The Policy Date is usually the date that the Policy is issued. The Policy Date is the date used to determine Policy years, Policy months, and Policy monthly, quarterly, semi-annual and annual anniversaries.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;C. <u>Additional Premium Payments</u>

The Policy is a flexible premium policy, and it provides flexibility to pay premiums at the Policy Owner's discretion. When applying for a Policy, a Policy Owner will determine a planned periodic premium that provides for the payment of level premiums of fixed intervals over a specified period of time. Each Policy Owner or payor will receive a premium reminder notice or list bill on either an annual, semi-annual, or quarterly basis (or monthly (list bill only)), at the option of the Policy Owner or payor; however, the Policy Owner or payor is not required to pay planned periodic premiums.

Payment of the planned periodic premium will not guarantee that a Policy will remain In Force. Instead, the duration of the Policy depends upon the Policy's accumulated value. Even if planned periodic premiums are paid, the Policy will lapse any time accumulated value less Policy Debt is insufficient to pay the current monthly deduction and a grace period expires without sufficient payment. Any premium payment must be for at least $50. Pacific Life also may reject or limit any premium payment that would result in an immediate increase in the net amount at risk under the Policy, although such a premium may be accepted with satisfactory evidence of insurability.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;D. <u>Premium Allocation</u>

A Policy Owner may allocate net premiums among the variable accounts, the fixed accounts, or the Indexed Accounts. When a Policy is issued and all delivery requirements are received at Pacific Life's Life Insurance Division, the Accumulated Value will be automatically allocated according to the Policy Owner's instructions in the application or more recent instructions if any (except for amounts allocated to the Standard Loan Account to secure any Standard Policy Debt). The initial allocation must be made in the Policy application. All net premiums are allocated according to the Policy Owner's instructions the later of 15 days after the Policy is issued or when all requirements for the Policy to be considered In Force are delivered to the Life Insurance Division (the Free-Look Transfer Date).

Additional net premium payments will be allocated among the investment alternatives according to the Policy Owner's instructions (after the Free-Look Transfer Date). A Policy Owner may change the allocation of accumulated value by submitting a proper written request to Pacific Life's Life Insurance Division.

Pacific Life reserves the right to limit the amount allocated to the Fixed Accounts to $1,000,000 for net premium payments and $100,000 for loan repayments and transfers during the most recent 12 months for all of a Policy Owner's policies. Any excess over these limits would be transferred to a Policy Owner's other Investment Options according to the Policy Owner's most recent instructions.

Pacific Life reserves the right to limit allocations and/or transfers to the Indexed Fixed Options to a certain percentage of the Policy Owner's Accumulated Value. Currently, we do not limit the amount that a Policy Owner may allocate and/or transfer to the Indexed Fixed Options. We will notify the Policy Owner of any limitation at their address on file with us.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;E. <u>Reinstatement</u>

Pacific Life will reinstate a lapsed Policy (see "Policy Lapse", Section III.D. of this document) at any time within three years after the end of the grace period, provided Pacific Life receives the following: (1) a written application of the Policy Owner; (2) evidence of insurability satisfactory to Pacific Life that the insured is still insurable; and (3) payment sufficient, after deduction of premium load, to cover all monthly charges and deductions that were due and unpaid during the grace period, and keep the Policy In Force for 3 months following reinstatement.

If there was a loan (Standard Loan and/or Alternate Loan) at the time of lapse, the loan amount will not be reinstated. The accumulated value at reinstatement will equal the accumulated value at time of lapse less the Total Policy Debt at time of lapse. Any negative accumulated value is due in addition to sufficient premium at time of reinstatement.

Reinstatement will be effective as of the monthly payment date on or next following the date of approval by Pacific Life. The accumulated value at reinstatement will be allocated among the variable accounts and the fixed accounts in accordance with the Policy owner's current premium allocation instructions.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;F. Standard <u>Policy Loans</u>

A Policy Owner may borrow from Pacific Life an amount up to the amount of the accumulated value less 3 times the most recent monthly deduction for policy charges, less any surrender charge applicable on the date of the loan, and less any outstanding Standard Policy Debt. The minimum loan that may be taken is $200 for most states. A Policy is the only security required for a Standard Loan.

When a Policy Owner takes a Standard Loan, an amount equal to the loan is transferred out of the Policy Owner's accumulated value in the Variable Investment Options and/or the Fixed Options in proportion to the Accumulated Value in each Investment Option, unless the Policy Owner instructs Pacific Life otherwise. If there is no accumulated value in the Variable Investment Options or the Fixed Options, then any Standard Loan amount will be taken proportionately from the Indexed Accumulated Value of all Segments.

The interest rate on loans is 1.25% annually for all years. Pacific Life will credit interest monthly on amounts held in the Standard Loan Account to secure the loan at an annual rate of at least 1.00% in all Policy years. The owner may repay all or a part of the loan at any time while the Policy is In Force. If not repaid, the Standard Policy Debt will reduce the amount of death proceeds paid upon the death of the insured, the cash surrender value paid upon surrender, or the refund of premium upon exercise of the Free-Look Right.

A loan may affect the length of time the Policy remains In Force. The Policy will lapse when accumulated value minus Standard Policy Debt is insufficient to cover the monthly deduction against the Policy's accumulated value on any monthly payment date and the minimum payment required is not made during the grace period. Moreover, the Policy may enter

the grace period more quickly when a loan is outstanding, because the loaned amount is not available to cover monthly deductions.

Loans may be reversed if the request is received within 30 days after the date the loan effective date. Reversal processing is contingent to the Policy Owner returning the loaned amount and a signed letter of instruction from the Policy Owner.

II. TRANSFER AMONG INVESTMENT OPTIONS

Transfers are limited to 25 for each calendar year. If all available transfers have been used, transfer requests will no longer be accepted until the start of the following calendar year. However, a Policy Owner may make one transfer of all or a portion of the Policy's accumulated value remaining in the variable investment options into the Fidelity<sup>®</sup> VIP Government Money Market investment option prior to the start of the next calendar year.

(Applies to both Pacific Admiral VUL 2 and MVP VUL Admiral 2) A Policy Owner may only make 2 transfers in any calendar month to or from each of the following investment options:

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;Fidelity<sup>®</sup> VIP Bond Index Portfolio <br> Initial Class | &nbsp;&nbsp;Fidelity<sup>®</sup> VIP International Index Portfolio <br> Initial Class | &nbsp;&nbsp;Fidelity<sup>®</sup> VIP Total Market Index Portfolio Initial Class |

---

(Applies to Pacific Admiral VUL 2 only) Additionally, only 2 transfers in any calendar month may involve any of the following investment options:

Dimensional VA International Small Portfolio <br> Institutional Class Vanguard VIF <br> Global Bond Index Portfolio Institutional Class

(Applies to MVP VUL Admiral 2 only) Additionally, only 2 transfers in any calendar month may involve any of the following investment options:

Dimensional VA International Small Portfolio <br> Institutional Class Vanguard VIF <br> Global Bond Index Portfolio Institutional Class M International Equity Fund

For the purposes of applying the limitations, any transfers that occur on the same day are considered 1 transfer. A transfer of accumulated value from the Standard Loan Account into the investment options following a loan payment is considered a transfer under these limitations. Transfers into the Standard Loan Account, or transfers that occur as a result of the dollar cost averaging program, the portfolio rebalancing program, certain corporate owned life insurance policy rebalancing programs, the first-year transfer program or an asset allocation program approved by Pacific Life are excluded from the limitations. A Policy Owner may request a transfer between variable accounts at any time. The Pacific Select Exec Separate Account (the "Separate Account") is a separate investment account of Pacific Life used to support the variable death benefits and policy values of Pacific Life's life insurance policies. The Separate Account currently is made up of multiple variable accounts which invest in shares of corresponding portfolios of multiple fund families, which are the investment vehicles of the Separate Account.

Each Fund is registered with the Securities and Exchange Commission under the Investment Company Act of 1940 as an open-end management investment company of the series type.

A Policy Owner may allocate accumulated value from the variable accounts to the fixed accounts or the Indexed Accounts where available, subject to certain limitations. Only one transfer into the Fixed LT account is allowed during any 12-month period. There is no limit on the number of transfers into the Fixed Account other than the restriction that the total number of transfers cannot exceed 25 in a Policy Year.

You can make one transfer in any 12-month period from each Fixed Option, except if you have signed up for the first-year transfer service. Transfers from the Fixed Account may be made into the Variable Investment Options, the Fixed LT Account or both, subject to the following limits:

&nbsp;&nbsp;&nbsp;&nbsp;· You may transfer up to 100% of the value in the Fixed Account to the Fixed
LT Account,

&nbsp;&nbsp;&nbsp;&nbsp;· You may transfer from the Fixed Account to the Variable Investment Options
the lesser of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o 100% of the value in the Fixed Account, or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o The greater of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ $5,000,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ 25%
 of your Policy's Accumulated Value in the Fixed Account and the Indexed Accounts, which
 will be taken from the Fixed Account only and cannot exceed the Fixed Account Value, or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ the
 total amount transferred from the Fixed Account to the Variable Investment Options in the
 prior year.

&nbsp;&nbsp;&nbsp;&nbsp;· Transfers
 from the Fixed LT Account may be made into the Variable Investment Options, the Fixed Account,
 or both. The transfer is limited to the greater of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o $5,000, or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o 10% of the Accumulated Value in the Fixed LT Account, or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o the total amount transferred from the Fixed LT Account to either the Fixed Account or the Variable Investment Options in the prior
year.

Pacific Life reserves the right to limit the amount allocated to the Fixed Accounts and the Indexed Accounts to $1,000,000 for net premium payments and $100,000 for loan repayments and transfers during the most recent 12 months for all of a Policy Owner's policies. Any excess over these limits would be transferred to a Policy Owner's other Investment Options according to the Policy Owner's most recent instructions.

III. REDEMPTION PROCEDURES: SURRENDER AND RELATED TRANSACTIONS

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A. <u>Surrender for Net Cash Surrender Value</u>

A Policy Owner can make partial withdrawals of the net cash surrender value of the Policy starting on the first Policy anniversary. During the first fifteen Policy years and only in the case of the first withdrawal of a given Policy Year, the portion of a partial withdrawal of up to the lesser of $10,000 or 10% of the Net Cash Surrender Value will not reduce the face amount under the Policy. The excess of any withdrawal over this amount may cause a reduction in Face Amount if the Death Benefit Option is Option A, as described below.

A partial withdrawal must be for at least $200, and the Policy's net cash surrender value after the withdrawal must be at least $500.

When a partial withdrawal is made on a Policy on which the owner has selected Death Benefit Option A, the face amount under the Policy is decreased by the excess, if any, of the face amount over the result of the death benefit immediately prior to the partial withdrawal minus the amount of the partial withdrawal. A partial withdrawal will not change the face amount of a Policy on which the owner has selected Death Benefit Option B or Death Benefit Option C. However, assuming that the death benefit is not equal to accumulated value times a death benefit percentage, the partial withdrawal will reduce the death benefit by the amount of the partial withdrawal. To the extent the death benefit is based upon the accumulated value times the death benefit percentage applicable to the insureds, a partial withdrawal may cause the death benefit to decrease by an amount greater than the amount of the partial withdrawal. Withdrawals may be reversed if the request is received within 30 days after the withdrawal effective date. Reversal processing is contingent to the Policy Owner returning the amount withdrawn and a signed letter of instruction from the Policy Owner.

If a premium payment of over $1,000 was received within 10 business days of the surrender request, the premium amount received may be withheld from the surrender proceeds until Pacific Life obtains verification the payment cleared the bank. The amount withheld will be noted on the surrender confirmation letter and a separate letter will be provided when the remainder of the proceeds are disbursed.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B. <u>Death Claims</u>

Upon the death of the insured, Pacific Life will pay to a named beneficiary death benefit proceeds, either in a lump sum or under a payment plan offered under the Policy. The proceeds will be the death benefit under the Policy, plus any insurance proceeds provided by rider, reduced by adjustments for any outstanding Total Policy Debt (and, if in the grace period, any overdue charges).

The death benefit will be the greater of the Guideline Minimum Death Benefit or one of the following three options: (1) Death Benefit Option A — the face amount of the Policy; (2) Death Benefit Option B — the face amount of the Policy plus the accumulated value plus any Indexed Termination Credit; or (3) Death Benefit Option C — the face amount of the Policy plus the total premiums paid minus total withdrawals. Because the specified percentage is applied to a Policy Owner's accumulated value, an increase in accumulated value may increase the death benefit. Under Death Benefit Option C, the death benefit could be less than the face amount if the total withdrawals are greater than the total premiums paid.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;C. <u>Change in Face Amount</u>

The face amount of the Policy may be decreased by the Policy Owner. A decrease in face amount may only be made after the first Policy year. Such a change may change the death benefit, depending, among other things, upon the death benefit option chosen by the owner and whether, and the degree to which, the death benefit under a Policy exceeds the face amount prior to the change. A change in the face amount may affect the net amount at risk under a Policy, which may affect a Policy Owner's cost of insurance charge. For these purposes, the net amount at risk is equal to the death benefit less the Policy Owner's accumulated value.

Any request for a change in face amount must be by written application to Pacific Life's Life Insurance Division. A Policy Owner may make only one such request per Policy year.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;D. <u>Policy Lapse</u>

If the accumulated value plus any Indexed Termination Credit less Total Policy Debt is insufficient to cover deductions and charges on a monthly payment date, Pacific Life will give written notice to the Policy Owner that if the amount shown in the notice (which will be sufficient to cover the deduction amount(s) due) is not paid within 61 days (the "grace period"), the Policy Owner faces a danger of lapse. The Policy will remain In Force through the grace period, but if no payment is forthcoming, it will terminate at the end of the grace period. In order to avoid termination, the Policy Owner must pay a minimum of the Monthly Deduction due plus three times the Monthly Deduction due when the insufficiency occurred less any Indexed Termination Credit, plus any applicable Premium Load.

If the required payment is made during the grace period, such payment will be allocated among the variable accounts and the fixed accounts in accordance with the Policy Owner's allocation instructions. If the insured dies during the grace period, the death benefit proceeds (which include any Indexed Termination Credit) will equal the amount of the death benefit immediately prior to the commencement of the grace period, reduced by any unpaid monthly deductions and charges due and any Total Policy Debt. A lapsed Policy may be reinstated at any time within three years after the end of the grace period but before the maturity date. See "Reinstatement", Section I.E. above.

## Ex-99.(S)

**Exhibit 99.(s)**

POWER OF ATTORNEY

KNOW ALL PERSONS BY THESE PRESENTS, that the undersigned officer and/or director of Pacific Life Insurance Company ("Company") constitutes and appoints Jason Orlandi and Alison Ryan, each individually as his/her true and lawful attorney-in-fact and agent, each with full power of substitution and resubstitution for his/her name, place, and stead, in any and all capacities, to sign and file on behalf of the Company and/or any of its Separate Accounts, any and all Registration Statements, amendments, supplements and/or exhibits thereto, and any other instruments necessary or desirable in connection therewith, with the Securities and Exchange Commission under the Securities Act of 1933, as amended, and/or the Investment Company Act of 1940, as amended, granting unto said attorney-in-fact and agent, full power and authority to do and perform each and every act and thing requisite and necessary to be done, as fully to all intents and purposes as he/she might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, or his/her substitute or substituted, may lawfully do or cause to be done by virtue hereof:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Registration
 Statements under Separate Account A of Pacific Life Insurance Company (811-08946): 033-88458,
 333-53040, 333-93059, 033-88460, 333-60833, 333-136597, 333-140881, 333-141135, 333-145822
 , 333-148865, 333-160772, 333-160999, 333-168026, 333-168284, 333-175279, 333-178739, 333-184973,
 333-185326, 333-185327, 333-185328, 333-212627, 333-236927, 333-240070, 333-250190,
 333-261003, 333-263416, 333-265390, 333-283568, and 333-283568.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Registration
 Statement under Pacific Select Variable Annuity Separate Account of Pacific Life Insurance
 Company (811-05980): 033-32704.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Registration
 Statement under Separate Account B of Pacific Life Insurance Company (811-07859): 333-14131.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Registration
 Statement under Pacific Corinthian Variable Separate Account of Pacific Life Insurance Company
 (811-07082): 333-39209.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Registration
 Statement under Pacific Life Insurance Company: 333-282283.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Registration
 Statements under the Pacific Select Exec Separate Account of Pacific Life Insurance Company
 (811-05563): 333-267433, 333-260417, 333-255746, 333-238780, 333-238781, 333-233112, 333-231308,
 333-231309, 333-231310, 333-231311, 033-21754, 033-57908, 333-118913, 333-14005, 333-106969,
 333-102902, 333-65458, 333-150092, 333-152224, 333-153027, 333-153022, 333-60461, 333-61135,
 333-01713, 333-20355, 333-172851, 333-202248, 333-209919, 333-275837, 333-287188, and 333-287190.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Registration
 Statements under the Pacific Select Separate Account of Pacific Life Insurance Company (811-05142):
 033-14032.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· New
 Registration Statements issued by Pacific Life Insurance Company, to be filed with the SEC.

This Power of Attorney is intended to supersede any and all prior Powers of Attorney in connection with the above mentioned acts, and remains in effect until revoked or revised.

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;August 1, 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/s/ Darryl D. Button |
| Dated: | | |
| | | Darryl D. Button |

---

POWER OF ATTORNEY

KNOW ALL PERSONS BY THESE PRESENTS, that the undersigned officer and/or director of Pacific Life Insurance Company ("Company") constitutes and appoints Jason Orlandi and Alison Ryan, each individually as his/her true and lawful attorney-in-fact and agent, each with full power of substitution and resubstitution for his/her name, place, and stead, in any and all capacities, to sign and file on behalf of the Company and/or any of its Separate Accounts, any and all Registration Statements, amendments, supplements and/or exhibits thereto, and any other instruments necessary or desirable in connection therewith, with the Securities and Exchange Commission under the Securities Act of 1933, as amended, and/or the Investment Company Act of 1940, as amended, granting unto said attorney-in-fact and agent, full power and authority to do and perform each and every act and thing requisite and necessary to be done, as fully to all intents and purposes as he/she might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, or his/her substitute or substituted, may lawfully do or cause to be done by virtue hereof:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Registration
 Statements under Separate Account A of Pacific Life Insurance Company (811-08946): 033-88458,
 333-53040, 333-93059, 033-88460, 333-60833, 333-136597, 333-140881, 333-141135, 333-145822
 , 333-148865, 333-160772, 333-160999, 333-168026, 333-168284, 333-175279, 333-178739, 333-184973,
 333-185326, 333-185327, 333-185328, 333-212627, 333-236927, 333-240070, 333-250190,
 333-261003, 333-263416, 333-265390, 333-283568, and 333-283568.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Registration
 Statement under Pacific Select Variable Annuity Separate Account of Pacific Life Insurance
 Company (811-05980): 033-32704.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Registration
 Statement under Separate Account B of Pacific Life Insurance Company (811-07859): 333-14131.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Registration
 Statement under Pacific Corinthian Variable Separate Account of Pacific Life Insurance Company
 (811-07082): 333-39209.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Registration
 Statement under Pacific Life Insurance Company: 333-282283.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Registration
 Statements under the Pacific Select Exec Separate Account of Pacific Life Insurance Company
 (811-05563): 333-267433, 333-260417, 333-255746, 333-238780, 333-238781, 333-233112, 333-231308,
 333-231309, 333-231310, 333-231311, 033-21754, 033-57908, 333-118913, 333-14005, 333-106969,
 333-102902, 333-65458, 333-150092, 333-152224, 333-153027, 333-153022, 333-60461, 333-61135,
 333-01713, 333-20355, 333-172851, 333-202248, 333-209919, 333-275837, 333-287188, and 333-287190.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Registration
 Statements under the Pacific Select Separate Account of Pacific Life Insurance Company (811-05142):
 033-14032.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· New
 Registration Statements issued by Pacific Life Insurance Company, to be filed with the SEC.

This Power of Attorney is intended to supersede any and all prior Powers of Attorney in connection with the above mentioned acts, and remains in effect until revoked or revised.

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;August 1, 2025 | /s/ Vibhu R. Sharma |
| Dated: | | |
| | | Vibhu R. Sharma |

---

POWER OF ATTORNEY

KNOW ALL PERSONS BY THESE PRESENTS, that the undersigned officer and/or director of Pacific Life Insurance Company ("Company") constitutes and appoints Alison Ryan, individually as his/her true and lawful attorney-in-fact and agent, each with full power of substitution and resubstitution for his/her name, place, and stead, in any and all capacities, to sign and file on behalf of the Company and/or any of its Separate Accounts, any and all Registration Statements, amendments, supplements and/or exhibits thereto, and any other instruments necessary or desirable in connection therewith, with the Securities and Exchange Commission under the Securities Act of 1933, as amended, and/or the Investment Company Act of 1940, as amended, granting unto said attorney-in-fact and agent, full power and authority to do and perform each and every act and thing requisite and necessary to be done, as fully to all intents and purposes as he/she might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, or his/her substitute or substituted, may lawfully do or cause to be done by virtue hereof:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Registration
 Statements under Separate Account A of Pacific Life Insurance Company (811-08946): 033-88458,
 333-53040, 333-93059, 033-88460, 333-60833, 333-136597, 333-140881, 333-141135, 333-145822
 , 333-148865, 333-160772, 333-160999, 333-168026, 333-168284, 333-175279, 333-178739, 333-184973,
 333-185326, 333-185327, 333-185328, 333-212627, 333-236927, 333-240070, 333-250190,
 333-261003, 333-263416, 333-265390, 333-283568, and 333-283568.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Registration
 Statement under Pacific Select Variable Annuity Separate Account of Pacific Life Insurance
 Company (811-05980): 033-32704.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Registration
 Statement under Separate Account B of Pacific Life Insurance Company (811-07859): 333-14131.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Registration
 Statement under Pacific Corinthian Variable Separate Account of Pacific Life Insurance Company
 (811-07082): 333-39209.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Registration
 Statement under Pacific Life Insurance Company: 333-282283.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Registration
 Statements under the Pacific Select Exec Separate Account of Pacific Life Insurance Company
 (811-05563): 333-267433, 333-260417, 333-255746, 333-238780, 333-238781, 333-233112, 333-231308,
 333-231309, 333-231310, 333-231311, 033-21754, 033-57908, 333-118913, 333-14005, 333-106969,
 333-102902, 333-65458, 333-150092, 333-152224, 333-153027, 333-153022, 333-60461, 333-61135,
 333-01713, 333-20355, 333-172851, 333-202248, 333-209919, 333-275837, 333-287188, and 333-287190.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Registration
 Statements under the Pacific Select Separate Account of Pacific Life Insurance Company (811-05142):
 033-14032.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· New
 Registration Statements issued by Pacific Life Insurance Company, to be filed with the SEC.

This Power of Attorney is intended to supersede any and all prior Powers of Attorney in connection with the above mentioned acts, and remains in effect until revoked or revised.

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;August 1, 2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/s/ Jason Orlandi |
| Dated: | | |
| | | &nbsp;&nbsp;Jason Orlandi |

---

POWER OF ATTORNEY

KNOW ALL PERSONS BY THESE PRESENTS, that the undersigned officer and/or director of Pacific Life Insurance Company ("Company") constitutes and appoints Jason Orlandi and Alison Ryan, each individually as his/her true and lawful attorney-in-fact and agent, each with full power of substitution and resubstitution for his/her name, place, and stead, in any and all capacities, to sign and file on behalf of the Company and/or any of its Separate Accounts, any and all Registration Statements, amendments, supplements and/or exhibits thereto, and any other instruments necessary or desirable in connection therewith, with the Securities and Exchange Commission under the Securities Act of 1933, as amended, and/or the Investment Company Act of 1940, as amended, granting unto said attorney-in-fact and agent, full power and authority to do and perform each and every act and thing requisite and necessary to be done, as fully to all intents and purposes as he/she might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, or his/her substitute or substituted, may lawfully do or cause to be done by virtue hereof:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Registration
 Statements under Separate Account A of Pacific Life Insurance Company (811-08946): 033-88458,
 333-53040, 333-93059, 033-88460, 333-60833, 333-136597, 333-140881, 333-141135, 333-145822
 , 333-148865, 333-160772, 333-160999, 333-168026, 333-168284, 333-175279, 333-178739, 333-184973,
 333-185326, 333-185327, 333-185328, 333-212627, 333-236927, 333-240070, 333-250190,
 333-261003, 333-263416, 333-265390, 333-283568, and 333-283568.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Registration
 Statement under Pacific Select Variable Annuity Separate Account of Pacific Life Insurance
 Company (811-05980): 033-32704.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Registration
 Statement under Separate Account B of Pacific Life Insurance Company (811-07859): 333-14131.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Registration
 Statement under Pacific Corinthian Variable Separate Account of Pacific Life Insurance Company
 (811-07082): 333-39209.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Registration
 Statement under Pacific Life Insurance Company: 333-282283.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Registration
 Statements under the Pacific Select Exec Separate Account of Pacific Life Insurance Company
 (811-05563): 333-267433, 333-260417, 333-255746, 333-238780, 333-238781, 333-233112, 333-231308,
 333-231309, 333-231310, 333-231311, 033-21754, 033-57908, 333-118913, 333-14005, 333-106969,
 333-102902, 333-65458, 333-150092, 333-152224, 333-153027, 333-153022, 333-60461, 333-61135,
 333-01713, 333-20355, 333-172851, 333-202248, 333-209919, 333-275837, 333-287188, and 333-287190.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Registration
 Statements under the Pacific Select Separate Account of Pacific Life Insurance Company (811-05142):
 033-14032.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· New
 Registration Statements issued by Pacific Life Insurance Company, to be filed with the SEC.

This Power of Attorney is intended to supersede any and all prior Powers of Attorney in connection with the above mentioned acts, and remains in effect until revoked or revised.

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;August 1, 2025 | /s/ Starla C. Yamauchi |
| Dated: | | |
| | | Starla C. Yamauchi |

---

POWER OF ATTORNEY

KNOW ALL PERSONS BY THESE PRESENTS, that the undersigned officer and/or director of Pacific Life Insurance Company ("Company") constitutes and appoints Jason Orlandi and Alison Ryan, each individually as his/her true and lawful attorney-in-fact and agent, each with full power of substitution and resubstitution for his/her name, place, and stead, in any and all capacities, to sign and file on behalf of the Company and/or any of its Separate Accounts, any and all Registration Statements, amendments, supplements and/or exhibits thereto, and any other instruments necessary or desirable in connection therewith, with the Securities and Exchange Commission under the Securities Act of 1933, as amended, and/or the Investment Company Act of 1940, as amended, granting unto said attorney-in-fact and agent, full power and authority to do and perform each and every act and thing requisite and necessary to be done, as fully to all intents and purposes as he/she might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, or his/her substitute or substituted, may lawfully do or cause to be done by virtue hereof:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Registration
 Statements under Separate Account A of Pacific Life Insurance Company (811-08946): 033-88458,
 333-53040, 333-93059, 033-88460, 333-60833, 333-136597, 333-140881, 333-141135, 333-145822
 , 333-148865, 333-160772, 333-160999, 333-168026, 333-168284, 333-175279, 333-178739, 333-184973,
 333-185326, 333-185327, 333-185328, 333-212627, 333-236927, 333-240070, 333-250190,
 333-261003, 333-263416, 333-265390, 333-283568, and 333-283568.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Registration
 Statement under Pacific Select Variable Annuity Separate Account of Pacific Life Insurance
 Company (811-05980): 033-32704.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Registration
 Statement under Separate Account B of Pacific Life Insurance Company (811-07859): 333-14131.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Registration
 Statement under Pacific Corinthian Variable Separate Account of Pacific Life Insurance Company
 (811-07082): 333-39209.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Registration
 Statement under Pacific Life Insurance Company: 333-282283.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Registration
 Statements under the Pacific Select Exec Separate Account of Pacific Life Insurance Company
 (811-05563): 333-267433, 333-260417, 333-255746, 333-238780, 333-238781, 333-233112, 333-231308,
 333-231309, 333-231310, 333-231311, 033-21754, 033-57908, 333-118913, 333-14005, 333-106969,
 333-102902, 333-65458, 333-150092, 333-152224, 333-153027, 333-153022, 333-60461, 333-61135,
 333-01713, 333-20355, 333-172851, 333-202248, 333-209919, 333-275837, 333-287188, and 333-287190.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Registration
 Statements under the Pacific Select Separate Account of Pacific Life Insurance Company (811-05142):
 033-14032.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· New
 Registration Statements issued by Pacific Life Insurance Company, to be filed with the SEC.

This Power of Attorney is intended to supersede any and all prior Powers of Attorney in connection with the above mentioned acts, and remains in effect until revoked or revised.

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;August 1, 2025 | /s/ Carol J. Krosky |
| Dated: | | |
| | | Carol J. Krosky |

---

POWER OF ATTORNEY

KNOW ALL PERSONS BY THESE PRESENTS, that the undersigned officer and/or director of Pacific Life Insurance Company ("Company") constitutes and appoints Jason Orlandi and Alison Ryan, each individually as his/her true and lawful attorney-in-fact and agent, each with full power of substitution and resubstitution for his/her name, place, and stead, in any and all capacities, to sign and file on behalf of the Company and/or any of its Separate Accounts, any and all Registration Statements, amendments, supplements and/or exhibits thereto, and any other instruments necessary or desirable in connection therewith, with the Securities and Exchange Commission under the Securities Act of 1933, as amended, and/or the Investment Company Act of 1940, as amended, granting unto said attorney-in-fact and agent, full power and authority to do and perform each and every act and thing requisite and necessary to be done, as fully to all intents and purposes as he/she might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, or his/her substitute or substituted, may lawfully do or cause to be done by virtue hereof:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Registration
 Statements under Separate Account A of Pacific Life Insurance Company (811-08946): 033-88458,
 333-53040, 333-93059, 033-88460, 333-60833, 333-136597, 333-140881, 333-141135, 333-145822
 , 333-148865, 333-160772, 333-160999, 333-168026, 333-168284, 333-175279, 333-178739, 333-184973,
 333-185326, 333-185327, 333-185328, 333-212627, 333-236927, 333-240070, 333-250190,
 333-261003, 333-263416, 333-265390, 333-283568, and 333-283568.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Registration
 Statement under Pacific Select Variable Annuity Separate Account of Pacific Life Insurance
 Company (811-05980): 033-32704.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Registration
 Statement under Separate Account B of Pacific Life Insurance Company (811-07859): 333-14131.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Registration
 Statement under Pacific Corinthian Variable Separate Account of Pacific Life Insurance Company
 (811-07082): 333-39209.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Registration
 Statement under Pacific Life Insurance Company: 333-282283.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Registration
 Statements under the Pacific Select Exec Separate Account of Pacific Life Insurance Company
 (811-05563): 333-267433, 333-260417, 333-255746, 333-238780, 333-238781, 333-233112, 333-231308,
 333-231309, 333-231310, 333-231311, 033-21754, 033-57908, 333-118913, 333-14005, 333-106969,
 333-102902, 333-65458, 333-150092, 333-152224, 333-153027, 333-153022, 333-60461, 333-61135,
 333-01713, 333-20355, 333-172851, 333-202248, 333-209919, 333-275837, 333-287188, and 333-287190.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Registration
 Statements under the Pacific Select Separate Account of Pacific Life Insurance Company (811-05142):
 033-14032.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· New
 Registration Statements issued by Pacific Life Insurance Company, to be filed with the SEC.

This Power of Attorney is intended to supersede any and all prior Powers of Attorney in connection with the above mentioned acts, and remains in effect until revoked or revised.

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;August 3, 2025 | /s/ Dawn M. Behnke |
| Dated: | | |
| | | Dawn M. Behnke |

---

POWER OF ATTORNEY

KNOW ALL PERSONS BY THESE PRESENTS, that the undersigned officer and/or director of Pacific Life Insurance Company ("Company") constitutes and appoints Jason Orlandi and Alison Ryan, each individually as his/her true and lawful attorney-in-fact and agent, each with full power of substitution and resubstitution for his/her name, place, and stead, in any and all capacities, to sign and file on behalf of the Company and/or any of its Separate Accounts, any and all Registration Statements, amendments, supplements and/or exhibits thereto, and any other instruments necessary or desirable in connection therewith, with the Securities and Exchange Commission under the Securities Act of 1933, as amended, and/or the Investment Company Act of 1940, as amended, granting unto said attorney-in-fact and agent, full power and authority to do and perform each and every act and thing requisite and necessary to be done, as fully to all intents and purposes as he/she might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, or his/her substitute or substituted, may lawfully do or cause to be done by virtue hereof:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Registration
 Statements under Separate Account A of Pacific Life Insurance Company (811-08946): 033-88458,
 333-53040, 333-93059, 033-88460, 333-60833, 333-136597, 333-140881, 333-141135, 333-145822
 , 333-148865, 333-160772, 333-160999, 333-168026, 333-168284, 333-175279, 333-178739, 333-184973,
 333-185326, 333-185327, 333-185328, 333-212627, 333-236927, 333-240070, 333-250190,
 333-261003, 333-263416, 333-265390, 333-283568, and 333-283568.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Registration
 Statement under Pacific Select Variable Annuity Separate Account of Pacific Life Insurance
 Company (811-05980): 033-32704.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Registration
 Statement under Separate Account B of Pacific Life Insurance Company (811-07859): 333-14131.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Registration
 Statement under Pacific Corinthian Variable Separate Account of Pacific Life Insurance Company
 (811-07082): 333-39209.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Registration
 Statement under Pacific Life Insurance Company: 333-282283.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Registration
 Statements under the Pacific Select Exec Separate Account of Pacific Life Insurance Company
 (811-05563): 333-267433, 333-260417, 333-255746, 333-238780, 333-238781, 333-233112, 333-231308,
 333-231309, 333-231310, 333-231311, 033-21754, 033-57908, 333-118913, 333-14005, 333-106969,
 333-102902, 333-65458, 333-150092, 333-152224, 333-153027, 333-153022, 333-60461, 333-61135,
 333-01713, 333-20355, 333-172851, 333-202248, 333-209919, 333-275837, 333-287188, and 333-287190.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Registration
 Statements under the Pacific Select Separate Account of Pacific Life Insurance Company (811-05142):
 033-14032.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· New
 Registration Statements issued by Pacific Life Insurance Company, to be filed with the SEC.

This Power of Attorney is intended to supersede any and all prior Powers of Attorney in connection with the above mentioned acts, and remains in effect until revoked or revised.

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;August 1, 2025 | /s/ Craig W. Leslie |
| Dated: | | |
| | | Craig W. Leslie |

---