FLEXIBLE PREMIUM VARIABLE
LIFE INSURANCE CONTRACT
ISSUED BY
LUTHERAN BROTHERHOOD VARIABLE
INSURANCE PRODUCTS COMPANY
Supplement to Prospectus Dated April 28, 1995
The general purpose of this supplement is to provide information about the two
new Subaccounts, the Opportunity Growth Subaccount and the World Growth
Subaccount, that are now available under LBVIP Variable Insurance Account (the
"Variable Account"). The assets of these Subaccounts will be invested
exclusively in shares of the new Opportunity Growth Portfolio and the World
Growth Portfolio of LB Series Fund, Inc. (the "Fund"). The investment
objectives of the new Portfolios are:
Opportunity Growth Portfolio. To achieve long term growth of capital by
investing primarily in a professionally managed diversified portfolio of
smaller capitalization common stocks.
World Growth Portfolio. To achieve long-term growth of capital by investing
primarily in a professionally managed diversified portfolio of common stocks
of established, non-U.S. companies.
The prospectus for the Fund fully describes the investment objectives and
attendant risks of the Opportunity Growth Portfolio and the World Growth
Portfolio, along with the four other Portfolios.
Accordingly, the following changes are made to the prospectus for the
Contract:
1. All current references to the various Subaccounts of the Variable Account
and Portfolios of the Fund are changed to include the Opportunity Growth
Subaccount and the World Growth Subaccount and the Opportunity Growth
Portfolio and the World Growth Portfolio.
2. The current references to the Fund and its investment advice is amended to
include the following:
Lutheran Brotherhood ("LB") is the investment adviser of the Fund. LB was
founded in 1917 as a fraternal benefit society, owned by and operated for its
members, under the laws of Minnesota. LB has been engaged in the investment
advisory business since 1970, either directly or through the indirect
ownership of Lutheran Brotherhood Research Corp., the Fund's investment
adviser prior to January 31, 1994.
For its services, LB receives from the Fund a daily investment advisory fee
equal to an annual rate of .40% of the aggregate average daily net assets of
the Money Market, Income, High Yield, Growth, and Opportunity Growth
Portfolios. LB also receives an annual investment advisory fee from the Fund
equal to .85% of the aggregate average daily net assets of the World Growth
Portfolio.
LB has engaged Rowe Price-Fleming International, Inc., ("Price-Fleming") as
investment sub-advisor for the World Growth Portfolio. Price-Fleming was
founded in 1979 as a joint venture between T. Rowe Price Associates, Inc. and
Robert Fleming Holdings Limited. Price-Fleming is one of the world's largest
international mutual fund asset managers with approximately $17 billion under
management as of December 31, 1994 in its offices in Baltimore, London, Tokyo
and Hong Kong. Price-Fleming has an investment advisory group that has day-to-
day responsibility for managing the World Growth Portfolio and developing and
executing the Portfolio's investment program.
LB pays the Sub-advisor for the World Growth Portfolio an annual sub-advisory
fee for the performance of sub-advisory services. The fee payable is equal to
a percentage of the that Portfolio's average daily net assets. The percentage
varies with the size of Portfolio's net assets, decreasing as the Portfolio's
assets increase. The formula for determining the sub-advisory fee is described
fully in the prospectus for the Fund.
3. Appendix A, found on pages A-1 through A-14, is deleted in its entirety
and is replaced with a new Appendix A, which is included at the end of this
supplement.
The date of this Supplement is January 17, 1996
APPENDIX A
Illustration of Death Benefits,
Accumulated Values and Cash Surrender Values
The following tables illustrate how the Death Benefits, Accumulated Values and
Cash Surrender Values of a Contract may change with the investment experience
of the Variable Account. The tables show how the Death Benefits, Accumulated
Values and Cash Surrender Values of a Contract issued to an Insured of a given
age (who pays a Scheduled Premium of $750 if Age 30 or $1,500 if Age 45) would
vary over time if the investment return on the assets held in each Portfolio
of the Fund were a uniform, gross, after-tax annual rate of 0 percent, 6
percent and 12 percent. The tables on pages A-3 through A-14 illustrate a
Contract issued to either a male age 30 or a male age 45 (as indicated in each
table), in the nonsmoker premium class. The Death Benefits, Accumulated Values
and Cash Surrender Values would be lower if the Insured were in a special
premium class or if the Insured were a smoker because the cost of insurance
would be increased. Also, the Death Benefits, Accumulated Values and Cash
Surrender Values would be different from those shown if the gross annual
investment returns averaged 0 percent, 6 percent and 12 percent over a period
of years, but fluctuated above and below those averages for individual
Contract Years.
The second column of the tables shows the Accumulated Value of the premiums
paid at a 5% interest rate. The third and sixth columns illustrate the Death
Benefit of a Contract over the designated period. The fourth and seventh
columns illustrate the Accumulated Value of the Contract over the designated
period. (The Accumulated Value is the total amount held under a Contract at
any time.) The fifth and eighth columns illustrate the Cash Surrender Value of
a Contract over the designated period. (The Cash Surrender Value is equal to
the Accumulated Value less any Decrease Charge, Contract Debt (assumed to be 0
in these illustrations) and unpaid Monthly Deductions (also assumed to be 0 in
these illustrations).) The sixth through the eighth columns assume that
throughout the life of the Contract, the monthly charge for the cost of
insurance is based on the current cost of insurance rates and the current
Mortality and Expense Risk Charge. The third through the fifth columns assume
that the Mortality and Expense Risk Charge and also that the monthly charge
for the cost of insurance are based on the maximum level permitted under the
Contract. These maximum allowable cost of insurance rates are based on the
1980 Commissioners Standard Ordinary Mortality Table.
Because the Death Benefit values vary depending on the Death Benefit Option in
effect, Option A and Option B are illustrated separately. (Option A provides
for a Death Benefit equal to the greater of (a) the Face Amount plus the
Accumulated Value and (b) the applicable percentage of Accumulated Value and
Option B provides for a Death Benefit equal to the greater of (a) the Face
Amount and (b) the applicable percentage of Accumulated Value.)
Any amounts held in the Loan Account would not participate in the investment
experience illustrated in these tables. Instead, such amounts will be credited
with interest as described in the Prospectus in the section entitled,
"CONTRACT RIGHTS--Loan Privileges".
The amounts shown for Death Benefits, Accumulated Values and Cash Surrender
Values reflect the fact that the net investment return of the Subaccounts of
the Variable Account is lower than the gross, after-tax return on the assets
held in the Fund as a result of the advisory fee paid by the Fund and charges
made against the Subaccounts. The values shown take into account the following
fees and charges: the daily investment advisory fee paid by the Fund, which is
assumed to be equivalent to an annual rate of .48% of the aggregate average
daily net assets of the Fund, based on the following fees: Growth (0.40%);
High Yield (0.40%); Income (0.40%); Money Market (0.40%); Opportunity Growth
(0.40%); and World Growth (0.85%); and the daily charge to each Subaccount for
assuming mortality and expense risks, which is equivalent to a charge at an
annual current rate of .60% of the average assets of the Subaccounts and which
is guaranteed never to exceed an annual rate of .75%. After deduction of these
amounts, the illustrated gross annual investment rates of return 0%, 6% and
12% correspond to (a) net annual rates of -1.23%, 4.77% and 10.77%,
respectively, assuming an advisory fee of .40% and a Mortality and Expense
Risk Charge of .75% and (b) net annual rates of -1.08%, 4.92% and 10.92%,
respectively, assuming an advisory fee of .48% and a Mortality and Expense
Risk Charge of .60%.
The amounts shown for Death Benefits, Accumulated Values and Cash Surrender
Values do not reflect a deduction for operating expenses of the Fund, other
than the investment advisory fee, because LB and LBVIP have agreed to
reimburse the Fund for these operating expenses pursuant to a separate written
agreement (the "Expense Reimbursement Agreement"). The Expense Reimbursement
Agreement could be terminated at any time by the mutual agreement of the Fund,
LB and LBVIP, but the Fund, LB and LBVIP currently contemplate that the
Expense Reimbursement Agreement will continue so long as the Fund remains in
existence. If the Expense Reimbursement Agreement were terminated, the Fund
would be required to pay these operating expenses, which would reduce the net
investment return on the shares of the Fund held by the Subaccounts of the
Variable Account.
The hypothetical values shown in the tables do not reflect any charges for
Federal income taxes attributable to the Variable Account because LBVIP does
not currently make any such charges. However, such charges may be made in the
future and, in that event, the gross annual investment return would have to
exceed 0%, 6% or 12% by an amount sufficient to cover the tax charges in order
to produce the Death Benefits and values illustrated. (See section entitled
"FEDERAL TAX MATTERS" in the Prospectus.)
The tables illustrate the Contract values that would result based upon the
hypothetical investment rates of return if premiums are paid as indicated, if
all Net Premiums are allocated to the Variable Account and if no Contract
loans have been made. The tables are also based on the assumptions that the
Contract Owner has not requested an increase or decrease in the Face Amount,
that no partial surrenders have been made and that no transfers above two have
been made in any Contract Year.
Upon request, LBVIP will provide a comparable illustration based upon the
proposed Insured's age, sex (except for Contracts issued in the state of
Montana) and premium class, the Death Benefit Option, Face Amount, Scheduled
Premium and any available riders requested. Montana has enacted legislation
that requires that cost of insurance rates applicable to Contracts purchased
in Montana cannot vary on the basis of the insured's sex.
The illustrations shown in the Prospectus are applicable for all insureds in
Montana, regardless of sex. (They are based on rates charged to males in other
states.)
Illustrations for additional term insurance benefits added by spouse rider in
the state of Montana will be based on rates applicable to females in other
states.
<PAGE>
<TABLE>
<CAPTION>
LUTHERAN BROTHERHOOD VARIABLE INSURANCE PRODUCTS COMPANY
FLEXIBLE PREMIUM VARIABLE LIFE INSURANCE TO AGE 96
Male Issue Age: 30; Nonsmoker, $750.00 Annual Premium, $100,000 Face Amount
Option A--Varying Death Benefit Option
Assumed Hypothetical Gross Annual Investment Rate of Return: 0%
[1] [2] [3] [4] [5] [6] [7] [8]
Premiums Assuming Guaranteed Costs (1)(2) Assuming Current Costs (1)(2)
Accumul. -------------------------------- --------------------------------
End of at 5% Cash Cash
Cont. Interest Death Accumulated Surrender Death Accumulated Surrender
Year Per Year Benefit Value Value Benefit Value Value
------ -------- ------- ----------- --------- ------- ----------- ---------
<S> <C> <C> <C> <C> <C> <C> <C>
1 787 100,465 465 0 * 100,489 489 0 *
2 1,614 100,924 924 393 100,974 974 443
3 2,482 101,378 1,378 895 101,453 1,453 970
4 3,394 101,814 1,814 1,379 101,915 1,915 1,480
5 4,351 102,245 2,245 1,858 102,372 2,372 1,985
6 5,356 102,659 2,659 2,349 102,824 2,824 2,514
7 6,411 103,056 3,056 2,824 103,260 3,260 3,028
8 7,519 103,436 3,436 3,281 103,679 3,679 3,524
9 8,683 103,800 3,800 3,723 104,081 4,081 4,004
10 9,905 104,148 4,148 4,148 104,467 4,467 4,467
11 11,187 104,527 4,527 4,527 104,885 4,885 4,885
12 12,534 104,878 4,878 4,878 105,287 5,287 5,287
13 13,948 105,213 5,213 5,213 105,672 5,672 5,672
14 15,433 105,519 5,519 5,519 106,041 6,041 6,041
15 16,993 105,799 5,799 5,799 106,395 6,395 6,395
16 18,630 106,051 6,051 6,051 106,721 6,721 6,721
17 20,349 106,265 6,265 6,265 107,019 7,019 7,019
18 22,154 106,452 6,452 6,452 107,291 7,291 7,291
19 24,049 106,601 6,601 6,601 107,535 7,535 7,535
20 26,039 106,713 6,713 6,713 107,742 7,742 7,742
Age
60 52,320 104,507 4,507 4,507 106,930 6,930 6,930
65 71,127 100,000 0 0 * 103,579 3,579 3,579
70 95,129 100,000 0 0 * 100,000 0 0 *
75 125,763 ******* ***** ***** ******* ***** *****
</TABLE>
(1) Assumes a $750.00 premium is paid at the beginning of each Contract Year.
Values will be different if premiums are paid with a different frequency or in
different amounts.
(2) Assumes that no Contract loans or partial surrenders have been made.
Excessive loans or withdrawals may cause the Contract to lapse because of
insufficient Cash Surrender Value.
* Based on (1) and (2) above, the Death Benefit Guarantee is in effect to
Attained Age 71. Therefore, the Contract remains in force even though the
Cash Surrender Value is zero. The $750.00 premium illustrated is greater than
the Death Benefit Guarantee Premium for this Contract.
The hypothetical investment results are illustrative only, and should not be
deemed a representation of past or future investment results. Actual
investment results may be more or less than those shown, and will depend on a
number of factors, including the investment allocations by a Contract Owner,
and the different investment returns for the Fund. The Death Benefit,
Accumulated Value and Cash Surrender Value for a Contract would be different
from those shown above if the actual investment results applicable to the
Contract average 0% over a period of years, but also fluctuated above or below
the average for individual Contract Years. No representation can be made by
us or by the Fund that these hypothetical returns can be achieved for any one
year, or sustained over any one year, or sustained over any period of time.
<PAGE>
<TABLE>
<CAPTION>
LUTHERAN BROTHERHOOD VARIABLE INSURANCE PRODUCTS COMPANY
FLEXIBLE PREMIUM VARIABLE LIFE INSURANCE AT AGE 96
Male Issue Age: 45; Nonsmoker, $1,500.00 Annual Premium, $100,000 Face Amount
Option A--Varying Death Benefit Option
Assumed Hypothetical Gross Annual Investment Rate of Return: 0%
[1] [2] [3] [4] [5] [6] [7] [8]
Premiums Assuming Guaranteed Costs (1)(2) Assuming Current Costs (1)(2)
Accumul. -------------------------------- ---------------------------------
End of at 5% Cash Cash
Cont. Interest Death Accumulated Surrender Death Accumulated Surrender
Year Per Year Benefit Value Value Benefit Value Value
------ -------- ------- ----------- --------- ------- ----------- ---------
<S> <C> <C> <C> <C> <C> <C> <C>
1 1,575 100,966 966 111 101,040 1,040 185
2 3,228 101,886 1,886 1,091 102,045 2,045 1,250
3 4,965 102,771 2,771 2,036 103,015 3,015 2,280
4 6,788 103,609 3,609 2,934 103,951 3,951 3,276
5 8,702 104,402 4,402 3,787 104,842 4,842 4,227
6 10,713 105,149 5,149 4,657 105,687 5,687 5,195
7 12,823 105,840 5,840 5,471 106,487 6,487 6,118
8 15,039 106,463 6,463 6,217 107,243 7,243 6,997
9 17,366 107,019 7,019 6,896 107,932 7,932 7,809
10 19,810 107,497 7,497 7,497 108,554 8,554 8,554
11 22,375 107,958 7,958 7,958 109,158 9,158 9,158
12 25,069 108,330 8,330 8,330 109,683 9,683 9,683
13 27,897 108,614 8,614 8,614 110,132 10,132 10,132
14 30,867 108,789 8,789 8,789 110,493 10,493 10,493
15 33,986 108,854 8,854 8,854 110,767 10,767 10,767
16 37,260 108,800 8,800 8,800 110,955 10,955 10,955
17 40,698 108,604 8,604 8,604 111,046 11,046 11,046
18 44,308 108,256 8,256 8,256 111,029 11,029 11,029
19 48,098 107,734 7,734 7,734 110,905 10,905 10,905
20 52,078 107,017 7,017 7,017 110,664 10,664 10,664
Age
60 33,986 108,854 8,854 8,854 110,767 10,767 10,767
65 52,078 107,017 7,017 7,017 110,664 10,664 10,664
70 75,170 100,006 6 6 107,187 7,187 7,187
75 104,641 ******* ****** ****** ******* ****** ******
</TABLE>
(1) Assumes a $1,500.00 premium is paid at the beginning of each Contract
Year. Values will be different if premiums are paid with a different
frequency or in different amounts.
(2) Assumes that no Contract loans or partial surrenders have been made.
Excessive loans or withdrawals may cause the Contract to lapse because of
insufficient Cash Surrender Value.
* Based on (1) and (2) above, the Death Benefit Guarantee is in effect to
Attained Age 74. Therefore, the Contract remains in force even though the
Cash Surrender Value is zero. The $1,500.00 premium illustrated is greater
than the Death Benefit Guarantee Premium for this Contract.
The hypothetical investment results are illustrative only, and should not be
deemed a representation of past or future investment results. Actual
investment results may be more or less than those shown, and will depend on a
number of factors, including the investment allocations by a Contract Owner,
and the different investment returns for the Fund. The Death Benefit,
Accumulated Value and Cash Surrender Value for a Contract would be different
from those shown above if the actual investment results applicable to the
Contract average 0% over a period of years, but also fluctuated above or below
the average for individual Contract Years. No representation can be made by
us or by the Fund that these hypothetical returns can be achieved for any one
year, or sustained over any one year, or sustained over any period of time.
<PAGE>
<TABLE>
<CAPTION>
LUTHERAN BROTHERHOOD VARIABLE INSURANCE PRODUCTS COMPANY
FLEXIBLE PREMIUM VARIABLE LIFE INSURANCE TO AGE 96
Male Issue Age: 30; Nonsmoker, $750.00 Annual Premium, $100,000 Face Amount
Option B--Level Death Benefit Option
Assumed Hypothetical Gross Annual Investment Rate of Return: 0%
[1] [2] [3] [4] [5] [6] [7] [8]
Premiums Assuming Guaranteed Costs (1)(2) Assuming Current Costs (1)(2)
Accumul. -------------------------------- ---------------------------------
End of at 5% Cash Cash
Cont. Interest Death Accumulated Surrender Death Accumulated Surrender
Year Per Year Benefit Value Value Benefit Value Value
------ -------- ------- ----------- --------- ------- ----------- ---------
<S> <C> <C> <C> <C> <C> <C> <C>
1 787 100,000 465 0 * 100,000 490 0 *
2 1,614 100,000 926 395 100,000 976 445
3 2,482 100,000 1,382 899 100,000 1,457 974
4 3,394 100,000 1,821 1,386 100,000 1,921 1,486
5 4,351 100,000 2,256 1,869 100,000 2,382 1,995
6 5,356 100,000 2,675 2,365 100,000 2,838 2,528
7 6,411 100,000 3,077 2,845 100,000 3,278 3,046
8 7,519 100,000 3,464 3,309 100,000 3,702 3,547
9 8,683 100,000 3,836 3,759 100,000 4,112 4,035
10 9,905 100,000 4,192 4,192 100,000 4,506 4,506
11 11,187 100,000 4,582 4,582 100,000 4,933 4,933
12 12,534 100,000 4,945 4,945 100,000 5,345 5,345
13 13,948 100,000 5,293 5,293 100,000 5,743 5,743
14 15,433 100,000 5,616 5,616 100,000 6,125 6,125
15 16,993 100,000 5,913 5,913 100,000 6,494 6,494
16 18,630 100,000 6,185 6,185 100,000 6,837 6,837
17 20,349 100,000 6,422 6,422 100,000 7,155 7,155
18 22,154 100,000 6,634 6,634 100,000 7,449 7,449
19 24,049 100,000 6,811 6,811 100,000 7,719 7,719
20 26,039 100,000 6,954 6,954 100,000 7,953 7,953
Age
60 52,320 100,000 5,249 5,249 100,000 7,662 7,662
65 71,127 100,000 460 460 100,000 4,686 4,686
70 95,129 100,000 0 0 * 100,000 0 0 *
75 125,763 ******* ***** ***** ******* ***** *****
</TABLE>
(1) Assumes a $750.00 premium is paid at the beginning of each Contract Year.
Values will be different if premiums are paid with a different frequency or in
different amounts.
(2) Assumes that no Contract loans or partial surrenders have been made.
Excessive loans or withdrawals may cause the Contract to lapse because of
insufficient Cash Surrender Value.
* Based on (1) and (2) above, the Death Benefit Guarantee is in effect to
Attained Age 71. Therefore, the Contract remains in force even though the
Cash Surrender Value is zero. The $750.00 premium illustrated is greater than
the Death Benefit Guarantee Premium for this Contract.
The hypothetical investment results are illustrative only, and should not be
deemed a representation of past or future investment results. Actual
investment results may be more or less than those shown, and will depend on a
number of factors, including the investment allocations by a Contract Owner,
and the different investment returns for the Fund. The Death Benefit,
Accumulated Value and Cash Surrender Value for a Contract would be different
from those shown above if the actual investment results applicable to the
Contract average 0% over a period of years, but also fluctuated above or below
the average for individual Contract Years. No representation can be made by
us or by the Fund that these hypothetical returns can be achieved for any one
year, or sustained over any one year, or sustained over any period of time.
<PAGE>
<TABLE>
<CAPTION>
LUTHERAN BROTHERHOOD VARIABLE INSURANCE PRODUCTS COMPANY
FLEXIBLE PREMIUM VARIABLE LIFE INSURANCE TO AGE 96
Male Issue Age: 45; Nonsmoker, $1,500.00 Annual Premium, $100,000 Face Amount
Option B--Level Death Benefit Option
Assumed Hypothetical Gross Annual Investment Rate of Return: 0%
[1] [2] [3] [4] [5] [6] [7] [8]
Premiums Assuming Guaranteed Costs (1)(2) Assuming Current Costs (1)(2)
Accumul. -------------------------------- ---------------------------------
End of at 5% Cash Cash
Cont. Interest Death Accumulated Surrender Death Accumulated Surrender
Year Per Year Benefit Value Value Benefit Value Value
------ -------- ------- ----------- --------- ------- ----------- ---------
<S> <C> <C> <C> <C> <C> <C> <C>
1 1,575 100,000 971 116 100,000 1,043 188
2 3,228 100,000 1,898 1,103 100,000 2,054 1,259
3 4,965 100,000 2,795 2,060 100,000 3,035 2,300
4 6,788 100,000 3,650 2,975 100,000 3,985 3,310
5 8,702 100,000 4,464 3,849 100,000 4,894 4,279
6 10,713 100,000 5,238 4,746 100,000 5,763 5,271
7 12,823 100,000 5,962 5,593 100,000 6,593 6,224
8 15,039 100,000 6,626 6,380 100,000 7,385 7,139
9 17,366 100,000 7,232 7,109 100,000 8,117 7,994
10 19,810 100,000 7,768 7,768 100,000 8,792 8,792
11 22,375 100,000 8,296 8,296 100,000 9,458 9,458
12 25,069 100,000 8,747 8,747 100,000 10,058 10,058
13 27,897 100,000 9,120 9,120 100,000 10,592 10,592
14 30,867 100,000 9,397 9,397 100,000 11,051 11,051
15 33,986 100,000 9,576 9,576 100,000 11,436 11,436
16 37,260 100,000 9,649 9,649 100,000 11,747 11,747
17 40,698 100,000 9,593 9,593 100,000 11,975 11,975
18 44,308 100,000 9,398 9,398 100,000 12,109 12,109
19 48,098 100,000 9,041 9,041 100,000 12,150 12,150
20 52,078 100,000 8,497 8,497 100,000 12,087 12,087
Age
60 33,986 100,000 9,576 9,576 100,000 11,436 11,436
65 52,078 100,000 8,497 8,497 100,000 12,087 12,087
70 75,170 100,000 2,253 2,253 100,000 9,675 9,675
75 104,641 ******* ***** ***** 100,000 1,677 1,677
</TABLE>
(1) Assumes a $1,500.00 premium is paid at the beginning of each Contract
Year. Values will be different if premiums are paid with a different
frequency or in different amounts.
(2) Assumes that no Contract loans or partial surrenders have been made.
Excessive loans or withdrawals may cause the Contract to lapse because of
insufficient Cash Surrender Value.
* Based on (1) and (2) above, the Death Benefit Guarantee is in effect to
Attained Age 74. Therefore, the Contract remains in force even though the
Cash Surrender Value is zero. The $1,500.00 premium illustrated is greater
than the Death Benefit Guarantee Premium for this Contract.
The hypothetical investment results are illustrative only, and should not be
deemed a representation of past or future investment results. Actual
investment results may be more or less than those shown, and will depend on a
number of factors, including the investment allocations by a Contract Owner,
and the different investment returns for the Fund. The Death Benefit,
Accumulated Value and Cash Surrender Value for a Contract would be different
from those shown above if the actual investment results applicable to the
Contract average 0% over a period of years, but also fluctuated above or below
the average for individual Contract Years. No representation can be made by
us or by the Fund that these hypothetical returns can be achieved for any one
year, or sustained over any one year, or sustained over any period of time.
<PAGE>
<TABLE>
<CAPTION>
LUTHERAN BROTHERHOOD VARIABLE INSURANCE PRODUCTS COMPANY
FLEXIBLE PREMIUM VARIABLE LIFE INSURANCE TO AGE 96
Male Issue Age: 30; Nonsmoker, $750.00 Annual Premium, $100,000 Face Amount
Option A--Varying Death Benefit Option
Assumed Hypothetical Gross Annual Investment Rate of Return: 6%
[1] [2] [3] [4] [5] [6] [7] [8]
Premiums Assuming Guaranteed Costs (1)(2) Assuming Current Costs (1)(2)
Accumul. -------------------------------- ---------------------------------
End of at 5% Cash Cash
Cont. Interest Death Accumulated Surrender Death Accumulated Surrender
Year Per Year Benefit Value Value Benefit Value Value
------ -------- ------- ----------- --------- ------- ----------- ---------
<S> <C> <C> <C> <C> <C> <C> <C>
1 787 100,499 499 0 * 100,525 525 0 *
2 1,614 101,023 1,023 492 101,076 1,076 545
3 2,482 101,572 1,572 1,089 101,654 1,654 1,171
4 3,394 102,134 2,134 1,699 102,249 2,249 1,814
5 4,351 102,724 2,724 2,337 102,872 2,872 2,485
6 5,356 103,329 3,329 3,019 103,527 3,527 3,217
7 6,411 103,951 3,951 3,719 104,201 4,201 3,969
8 7,519 104,591 4,591 4,436 104,896 4,896 4,741
9 8,683 105,248 5,248 5,171 105,614 5,614 5,537
10 9,905 105,925 5,925 5,925 106,354 6,354 6,354
11 11,187 106,671 6,671 6,671 107,167 7,167 7,167
12 12,534 107,428 7,428 7,428 108,009 8,009 8,009
13 13,948 108,209 8,209 8,209 108,879 8,879 8,879
14 15,433 109,003 9,003 9,003 109,780 9,780 9,780
15 16,993 109,810 9,810 9,810 110,714 10,714 10,714
16 18,630 110,631 10,631 10,631 111,668 11,668 11,668
17 20,349 111,455 11,455 11,455 112,645 12,645 12,645
18 22,154 112,293 12,293 12,293 113,646 13,646 13,646
19 24,049 113,135 13,135 13,135 114,671 14,671 14,671
20 26,039 113,979 13,979 13,979 115,710 15,710 15,710
Age
60 52,320 121,054 21,054 21,054 126,028 26,028 26,028
65 71,127 121,281 21,281 21,281 129,805 29,805 29,805
70 95,129 115,486 15,486 15,486 130,726 30,726 30,726
75 125,763 ******* ****** ****** 125,455 25,455 25,455
</TABLE>
(1) Assumes a $750.00 premium is paid at the beginning of each Contract Year.
Values will be different if premiums are paid with a different frequency or in
different amounts.
(2) Assumes that no Contract loans or partial surrenders have been made.
Excessive loans or withdrawals may cause the Contract to lapse because of
insufficient Cash Surrender Value.
* Based on (1) and (2) above, the Death Benefit Guarantee is in effect to
Attained Age 71. Therefore, the Contract remains in force even though the
Cash Surrender Value is zero. The $750.00 premium illustrated is greater than
the Death Benefit Guarantee Premium for this Contract.
The hypothetical investment results are illustrative only, and should not be
deemed a representation of past or future investment results. Actual
investment results may be more or less than those shown, and will depend on a
number of factors, including the investment allocations by a Contract Owner,
and the different investment returns for the Fund. The Death Benefit,
Accumulated Value and Cash Surrender Value for a Contract would be different
from those shown above if the actual investment results applicable to the
Contract average 6% over a period of years, but also fluctuated above or below
the average for individual Contract Years. No representation can be made by
us or by the Fund that these hypothetical returns can be achieved for any one
year, or sustained over any one year, or sustained over any period of time.
<PAGE>
<TABLE>
<CAPTION>
LUTHERAN BROTHERHOOD VARIABLE INSURANCE PRODUCTS COMPANY
FLEXIBLE PREMIUM VARIABLE LIFE INSURANCE TO AGE 96
Male Issue Age: 45; Nonsmoker, $1,500.00 Annual Premium, $100,000 Face Amount
Option A--Varying Death Benefit Option
Assumed Hypothetical Gross Annual Investment Rate of Return: 6%
[1] [2] [3] [4] [5] [6] [7] [8]
Premiums Assuming Guaranteed Costs (1)(2) Assuming Current Costs (1)(2)
Accumul. -------------------------------- ---------------------------------
End of at 5% Cash Cash
Cont. Interest Death Accumulated Surrender Death Accumulated Surrender
Year Per Year Benefit Value Value Benefit Value Value
------ -------- ------- ----------- --------- ------- ----------- ---------
<S> <C> <C> <C> <C> <C> <C> <C>
1 1,575 101,037 1,037 182 101,113 1,113 258
2 3,228 102,088 2,088 1,293 102,256 2,256 1,461
3 4,965 103,165 3,165 2,430 103,432 3,432 2,697
4 6,788 104,255 4,255 3,580 104,640 4,640 3,965
5 8,702 105,362 5,362 4,747 105,872 5,872 5,257
6 10,713 106,484 6,484 5,992 107,127 7,127 6,635
7 12,823 107,611 7,611 7,242 108,407 8,407 8,038
8 15,039 108,730 8,730 8,484 109,713 9,713 9,467
9 17,366 109,841 9,841 9,718 111,023 11,023 10,900
10 19,810 110,932 10,932 10,932 112,335 12,335 12,335
11 22,375 112,063 12,063 12,063 113,700 13,700 13,700
12 25,069 113,163 13,163 13,163 115,059 15,059 15,059
13 27,897 114,229 14,229 14,229 116,411 16,411 16,411
14 30,867 115,235 15,235 15,235 117,744 17,744 17,744
15 33,986 116,180 16,180 16,180 119,057 19,057 19,057
16 37,260 117,047 17,047 17,047 120,348 20,348 20,348
17 40,698 117,808 17,808 17,808 121,605 21,605 21,605
18 44,308 118,447 18,447 18,447 122,814 22,814 22,814
19 48,098 118,933 18,933 18,933 123,972 23,972 23,972
20 52,078 119,233 19,233 19,233 125,064 25,064 25,064
Age
60 33,986 116,180 16,180 16,180 119,057 19,057 19,057
65 52,078 119,233 19,233 19,233 125,064 25,064 25,064
70 75,170 117,007 17,007 17,007 128,821 28,821 28,821
75 104,641 104,130 4,130 4,130 127,157 27,157 27,157
</TABLE>
(1) Assumes a $1,500.00 premium is paid at the beginning of each Contract
Year. Values will be different if premiums are paid with a different frequency
or in different amounts.
(2) Assumes that no Contract loans or partial surrenders have been made.
Excessive loans or withdrawals may cause the Contract to lapse because of
insufficient Cash Surrender Value.
* Based on (1) and (2) above, the Death Benefit Guarantee is in effect to
Attained Age 74. Therefore, the Contract remains in force even though the Cash
Surrender Value is zero. The $1,500.00 premium illustrated is greater than the
Death Benefit Guarantee Premium for this Contract.
The hypothetical investment results are illustrative only, and should not be
deemed a representation of past or future investment results. Actual
investment results may be more or less than those shown, and will depend on a
number of factors, including the investment allocations by a Contract Owner,
and the different investment returns for the Fund. The Death Benefit,
Accumulated Value and Cash Surrender Value for a Contract would be different
from those shown above if the actual investment results applicable to the
Contract average 6% over a period of years, but also fluctuated above or below
the average for individual Contract Years. No representation can be made by us
or by the Fund that these hypothetical returns can be achieved for any one
year, or sustained over any one year, or sustained over any period of time.
<PAGE>
<TABLE>
<CAPTION>
LUTHERAN BROTHERHOOD VARIABLE INSURANCE PRODUCTS COMPANY
FLEXIBLE PREMIUM VARIABLE LIFE INSURANCE TO AGE 96
Male Issue Age: 30; Nonsmoker, $750.00 Annual Premium, $100,000 Face Amount
Option B--Level Death Benefit Option
Assumed Hypothetical Gross Annual Investment Rate of Return: 6%
[1] [2] [3] [4] [5] [6] [7] [8]
Premiums Assuming Guaranteed Costs (1)(2) Assuming Current Costs (1)(2)
Accumul. -------------------------------- ---------------------------------
End of at 5% Cash Cash
Cont. Interest Death Accumulated Surrender Death Accumulated Surrender
Year Per Year Benefit Value Value Benefit Value Value
------ -------- ------- ----------- --------- ------- ----------- ---------
<S> <C> <C> <C> <C> <C> <C> <C>
1 787 100,000 500 0 * 100,000 526 0 *
2 1,614 100,000 1,026 495 100,000 1,078 547
3 2,482 100,000 1,577 1,094 100,000 1,659 1,176
4 3,394 100,000 2,143 1,708 100,000 2,256 1,821
5 4,351 100,000 2,738 2,351 100,000 2,884 2,497
6 5,356 100,000 3,350 3,040 100,000 3,544 3,234
7 6,411 100,000 3,980 3,748 100,000 4,226 3,994
8 7,519 100,000 4,630 4,475 100,000 4,930 4,775
9 8,683 100,000 5,300 5,223 100,000 5,659 5,582
10 9,905 100,000 5,993 5,993 100,000 6,413 6,413
11 11,187 100,000 6,758 6,758 100,000 7,243 7,243
12 12,534 100,000 7,538 7,538 100,000 8,105 8,105
13 13,948 100,000 8,347 8,347 100,000 9,000 9,000
14 15,433 100,000 9,174 9,174 100,000 9,930 9,930
15 16,993 100,000 10,021 10,021 100,000 10,897 10,897
16 18,630 100,000 10,889 10,889 100,000 11,892 11,892
17 20,349 100,000 11,769 11,769 100,000 12,918 12,918
18 22,154 100,000 12,673 12,673 100,000 13,976 13,976
19 24,049 100,000 13,593 13,593 100,000 15,069 15,069
20 26,039 100,000 14,528 14,528 100,000 16,188 16,188
Age
60 52,320 100,000 23,911 23,911 100,000 28,678 28,678
65 71,127 100,000 27,281 27,281 100,000 35,496 35,496
70 95,129 100,000 27,340 27,340 100,000 42,307 42,307
75 125,763 100,000 19,309 19,309 100,000 48,200 48,200
</TABLE>
(1) Assumes a $750.00 premium is paid at the beginning of each Contract Year.
Values will be different if premiums are paid with a different frequency or in
different amounts.
(2) Assumes that no Contract loans or partial surrenders have been made.
Excessive loans or withdrawals may cause the Contract to lapse because of
insufficient Cash Surrender Value.
* Based on (1) and (2) above, the Death Benefit Guarantee is in effect to
Attained Age 71. Therefore, the Contract remains in force even though the Cash
Surrender Value is zero. The $750.00 premium illustrated is greater than the
Death Benefit Guarantee Premium for this Contract.
The hypothetical investment results are illustrative only, and should not be
deemed a representation of past or future investment results. Actual
investment results may be more or less than those shown, and will depend on a
number of factors, including the investment allocations by a Contract Owner,
and the different investment returns for the Fund. The Death Benefit,
Accumulated Value and Cash Surrender Value for a Contract would be different
from those shown above if the actual investment results applicable to the
Contract average 6% over a period of years, but also fluctuated above or below
the average for individual Contract Years. No representation can be made by us
or by the Fund that these hypothetical returns can be achieved for any one
year, or sustained over any one year, or sustained over any period of time.
<PAGE>
<TABLE>
<CAPTION>
LUTHERAN BROTHERHOOD VARIABLE INSURANCE PRODUCTS COMPANY
FLEXIBLE PREMIUM VARIABLE LIFE INSURANCE TO AGE 96
Male Issue Age: 45; Nonsmoker, $1,500.00 Annual Premium, $100,000 Face Amount
Option B--Level Death Benefit Option
Assumed Hypothetical Gross Annual Investment Rate of Return: 6%
[1] [2] [3] [4] [5] [6] [7] [8]
Premiums Assuming Guaranteed Costs (1)(2) Assuming Current Costs (1)(2)
Accumul. -------------------------------- ---------------------------------
End of at 5% Cash Cash
Cont. Interest Death Accumulated Surrender Death Accumulated Surrender
Year Per Year Benefit Value Value Benefit Value Value
------ -------- ------- ----------- --------- ------- ----------- ---------
<S> <C> <C> <C> <C> <C> <C> <C>
1 1,575 100,000 1,042 187 100,000 1,116 261
2 3,228 100,000 2,101 1,306 100,000 2,267 1,472
3 4,965 100,000 3,192 2,457 100,000 3,454 2,719
4 6,788 100,000 4,304 3,629 100,000 4,681 4,006
5 8,702 100,000 5,439 4,824 100,000 5,937 5,322
6 10,713 100,000 6,600 6,108 100,000 7,226 6,734
7 12,823 100,000 7,777 7,408 100,000 8,550 8,181
8 15,039 100,000 8,960 8,714 100,000 9,912 9,666
9 17,366 100,000 10,153 10,030 100,000 11,293 11,170
10 19,810 100,000 11,346 11,346 100,000 12,697 12,697
11 22,375 100,000 12,603 12,603 100,000 14,177 14,177
12 25,069 100,000 13,856 13,856 100,000 15,678 15,678
13 27,897 100,000 15,108 15,108 100,000 17,204 17,204
14 30,867 100,000 16,340 16,340 100,000 18,748 18,748
15 33,986 100,000 17,554 17,554 100,000 20,313 20,313
16 37,260 100,000 18,741 18,741 100,000 21,905 21,905
17 40,698 100,000 19,883 19,883 100,000 23,517 23,517
18 44,308 100,000 20,971 20,971 100,000 25,145 25,145
19 48,098 100,000 21,985 21,985 100,000 26,794 26,794
20 52,078 100,000 22,906 22,906 100,000 28,460 28,460
Age
60 33,986 100,000 17,554 17,554 100,000 20,313 20,313
65 52,078 100,000 22,906 22,906 100,000 28,460 28,460
70 75,170 100,000 25,503 25,503 100,000 36,835 36,835
75 104,641 100,000 21,177 21,177 100,000 44,639 44,639
</TABLE>
(1) Assumes a $1,500.00 premium is paid at the beginning of each Contract
Year. Values will be different if premiums are paid with a different frequency
or in different amounts.
(2) Assumes that no Contract loans or partial surrenders have been made.
Excessive loans or withdrawals may cause the Contract to lapse because of
insufficient Cash Surrender Value.
* Based on (1) and (2) above, the Death Benefit Guarantee is in effect to
Attained Age 74. Therefore, the Contract remains in force even though the Cash
Surrender Value is zero. The $1,500.00 premium illustrated is greater than the
Death Benefit Guarantee Premium for this Contract.
The hypothetical investment results are illustrative only, and should not be
deemed a representation of past or future investment results. Actual
investment results may be more or less than those shown, and will depend on a
number of factors, including the investment allocations by a Contract Owner,
and the different investment returns for the Fund. The Death Benefit,
Accumulated Value and Cash Surrender Value for a Contract would be different
from those shown above if the actual investment results applicable to the
Contract average 6% over a period of years, but also fluctuated above or below
the average for individual Contract Years. No representation can be made by us
or by the Fund that these hypothetical returns can be achieved for any one
year, or sustained over any one year, or sustained over any period of time.
<PAGE>
<TABLE>
<CAPTION>
LUTHERAN BROTHERHOOD VARIABLE INSURANCE PRODUCTS COMPANY
FLEXIBLE PREMIUM VARIABLE LIFE INSURANCE TO AGE 96
Male Issue Age: 30; Nonsmoker, $750.00 Annual Premium, $100,000 Face Amount
Option A--Varying Death Benefit Option
Assumed Hypothetical Gross Annual Investment Rate of Return: 12%
[1] [2] [3] [4] [5] [6] [7] [8]
Premiums Assuming Guaranteed Costs (1)(2) Assuming Current Costs (1)(2)
Accumul. -------------------------------- ---------------------------------
End of at 5% Cash Cash
Cont. Interest Death Accumulated Surrender Death Accumulated Surrender
Year Per Year Benefit Value Value Benefit Value Value
------ -------- ------- ----------- --------- ------- ----------- ---------
<S> <C> <C> <C> <C> <C> <C> <C>
1 787 100,534 534 0 * 100,561 561 0 *
2 1,614 101,127 1,127 596 101,183 1,183 652
3 2,482 101,783 1,783 1,300 101,873 1,873 1,390
4 3,394 102,498 2,498 2,063 102,627 2,627 2,192
5 4,351 103,289 3,289 2,902 103,462 3,462 3,075
6 5,356 104,153 4,153 3,843 104,389 4,389 4,079
7 6,411 105,098 5,098 4,866 105,404 5,404 5,172
8 7,519 106,131 6,131 5,976 106,517 6,517 6,362
9 8,683 107,263 7,263 7,186 107,740 7,740 7,663
10 9,905 108,505 8,505 8,505 109,083 9,083 9,083
11 11,187 109,918 9,918 9,918 110,611 10,611 10,611
12 12,534 111,459 11,459 11,459 112,293 12,293 12,293
13 13,948 113,152 13,152 13,152 114,147 14,147 14,147
14 15,433 115,003 15,003 15,003 116,190 16,190 16,190
15 16,993 117,028 17,028 17,028 118,443 18,443 18,443
16 18,630 119,246 19,246 19,246 120,918 20,918 20,918
17 20,349 121,664 21,664 21,664 123,637 23,637 23,637
18 22,154 124,318 24,318 24,318 126,628 26,628 26,628
19 24,049 127,220 27,220 27,220 129,921 29,921 29,921
20 26,039 130,397 30,397 30,397 133,535 33,535 33,535
Age
60 52,320 183,787 83,787 83,787 196,243 96,243 96,243
65 71,127 233,855 133,855 133,855 258,003 158,003 158,003
70 95,129 310,424 210,424 210,424 357,295 257,295 257,295
75 125,763 426,765 326,765 326,765 516,760 416,760 416,760
</TABLE>
(1) Assumes a $750.00 premium is paid at the beginning of each Contract Year.
Values will be different if premiums are paid with a different frequency or in
different amounts.
(2) Assumes that no Contract loans or partial surrenders have been made.
Excessive loans or withdrawals may cause the Contract to lapse because of
insufficient Cash Surrender Value.
* Based on (1) and (2) above, the Death Benefit Guarantee is in effect to
Attained Age 71. Therefore, the Contract remains in force even though the Cash
Surrender Value is zero. The $750.00 premium illustrated is greater than the
Death Benefit Guarantee Premium for this Contract.
The hypothetical investment results are illustrative only, and should not be
deemed a representation of past or future investment results. Actual
investment results may be more or less than those shown, and will depend on a
number of factors, including the investment allocations by a Contract Owner,
and the different investment returns for the Fund. The Death Benefit,
Accumulated Value and Cash Surrender Value for a Contract would be different
from those shown above if the actual investment results applicable to the
Contract average 12% over a period of years, but also fluctuated above or
below the average for individual Contract Years. No representation can be made
by us or by the Fund that these hypothetical returns can be achieved for any
one year, or sustained over any one year, or sustained over any period of
time.
<PAGE>
<TABLE>
<CAPTION>
LUTHERAN BROTHERHOOD VARIABLE INSURANCE PRODUCTS COMPANY
FLEXIBLE PREMIUM VARIABLE LIFE INSURANCE TO AGE 96
Male Issue Age: 45; Nonsmoker, $1,500.00 Annual Premium, $100,000 Face Amount
Option A--Varying Death Benefit Option
Assumed Hypothetical Gross Annual Investment Rate of Return: 12%
[1] [2] [3] [4] [5] [6] [7] [8]
Premiums Assuming Guaranteed Costs (1)(2) Assuming Current Costs (1)(2)
Accumul. -------------------------------- ---------------------------------
End of at 5% Cash Cash
Cont. Interest Death Accumulated Surrender Death Accumulated Surrender
Year Per Year Benefit Value Value Benefit Value Value
------ -------- ------- ----------- --------- ------- ----------- ---------
<S> <C> <C> <C> <C> <C> <C> <C>
1 1,575 101,109 1,109 254 101,186 1,186 331
2 3,228 102,300 2,300 1,505 102,478 2,478 1,683
3 4,965 103,594 3,594 2,859 103,885 3,885 3,150
4 6,788 104,989 4,989 4,314 105,420 5,420 4,745
5 8,702 106,497 6,497 5,882 107,086 7,086 6,471
6 10,713 108,129 8,129 7,637 108,895 8,895 8,403
7 12,823 109,887 9,887 9,518 110,864 10,864 10,495
8 15,039 111,770 11,770 11,524 113,010 13,010 12,764
9 17,366 113,794 13,794 13,671 115,327 15,327 15,204
10 19,810 115,960 15,960 15,960 117,834 17,834 17,834
11 22,375 118,347 18,347 18,347 120,602 20,602 20,602
12 25,069 120,902 20,902 20,902 123,597 23,597 23,597
13 27,897 123,645 23,645 23,645 126,844 26,844 26,844
14 30,867 126,569 26,569 26,569 130,357 30,357 30,357
15 33,986 129,695 29,695 29,695 134,165 34,165 34,165
16 37,260 133,031 33,031 33,031 138,300 38,300 38,300
17 40,698 136,576 36,576 36,576 142,787 42,787 42,787
18 44,308 140,339 40,339 40,339 147,650 47,650 47,650
19 48,098 144,317 44,317 44,317 152,930 52,930 52,930
20 52,078 148,511 48,511 48,511 158,662 58,662 58,662
Age
60 33,986 129,695 29,695 29,695 134,165 34,165 34,165
65 52,078 148,511 48,511 48,511 158,662 58,662 58,662
70 75,170 172,914 72,914 72,914 195,349 95,349 95,349
75 104,641 202,127 102,127 102,127 249,599 149,599 149,599
</TABLE>
(1) Assumes a $1,500.00 premium is paid at the beginning of each Contract
Year. Values will be different if premiums are paid with a different frequency
or in different amounts.
(2) Assumes that no Contract loans or partial surrenders have been made.
Excessive loans or withdrawals may cause the Contract to lapse because of
insufficient Cash Surrender Value.
* Based on (1) and (2) above, the Death Benefit Guarantee is in effect to
Attained Age 74. Therefore, the Contract remains in force even though the Cash
Surrender Value is zero. The $1,500.00 premium illustrated is greater than the
Death Benefit Guarantee Premium for this Contract.
The hypothetical investment results are illustrative only, and should not be
deemed a representation of past or future investment results. Actual
investment results may be more or less than those shown, and will depend on a
number of factors, including the investment allocations by a Contract Owner,
and the different investment returns for the Fund. The Death Benefit,
Accumulated Value and Cash Surrender Value for a Contract would be different
from those shown above if the actual investment results applicable to the
Contract average 12% over a period of years, but also fluctuated above or
below the average for individual Contract Years. No representation can be made
by us or by the Fund that these hypothetical returns can be achieved for any
one year, or sustained over any one year, or sustained over any period of
time.
<PAGE>
<TABLE>
<CAPTION>
LUTHERAN BROTHERHOOD VARIABLE INSURANCE PRODUCTS COMPANY
FLEXIBLE PREMIUM VARIABLE LIFE INSURANCE TO AGE 96
Male Issue Age: 30; Nonsmoker, $750.00 Annual Premium, $100,000 Face Amount
Option B--Level Death Benefit Option
Assumed Hypothetical Gross Annual Investment Rate of Return: 12%
[1] [2] [3] [4] [5] [6] [7] [8]
Premiums Assuming Guaranteed Costs (1)(2) Assuming Current Costs (1)(2)
Accumul. -------------------------------- ---------------------------------
End of at 5% Cash Cash
Cont. Interest Death Accumulated Surrender Death Accumulated Surrender
Year Per Year Benefit Value Value Benefit Value Value
------ -------- ------- ----------- --------- ------- ----------- ---------
<S> <C> <C> <C> <C> <C> <C> <C>
1 787 100,000 535 0 * 100,000 561 0 *
2 1,614 100,000 1,130 599 100,000 1,185 654
3 2,482 100,000 1,789 1,306 100,000 1,879 1,396
4 3,394 100,000 2,509 2,074 100,000 2,636 2,201
5 4,351 100,000 3,307 2,920 100,000 3,477 3,090
6 5,356 100,000 4,180 3,870 100,000 4,411 4,101
7 6,411 100,000 5,136 4,904 100,000 5,437 5,205
8 7,519 100,000 6,186 6,031 100,000 6,564 6,409
9 8,683 100,000 7,340 7,263 100,000 7,805 7,728
10 9,905 100,000 8,608 8,608 100,000 9,172 9,172
11 11,187 100,000 10,056 10,056 100,000 10,731 10,731
12 12,534 100,000 11,641 11,641 100,000 12,451 12,451
13 13,948 100,000 13,390 13,390 100,000 14,353 14,353
14 15,433 100,000 15,310 15,310 100,000 16,457 16,457
15 16,993 100,000 17,423 17,423 100,000 18,785 18,785
16 18,630 100,000 19,750 19,750 100,000 21,353 21,353
17 20,349 100,000 22,306 22,306 100,000 24,190 24,190
18 22,154 100,000 25,129 25,129 100,000 27,326 27,326
19 24,049 100,000 28,241 28,241 100,000 30,799 30,799
20 26,039 100,000 31,676 31,676 100,000 34,638 34,638
Age
60 52,320 126,454 94,369 94,369 141,117 105,311 105,311
65 71,127 193,510 158,614 158,614 217,753 178,486 178,486
70 95,129 304,679 262,654 262,654 346,833 298,994 298,994
75 125,763 462,371 432,122 432,122 533,163 498,283 498,283
</TABLE>
(1) Assumes a $750.00 premium is paid at the beginning of each Contract Year.
Values will be different if premiums are paid with a different frequency or in
different amounts.
(2) Assumes that no Contract loans or partial surrenders have been made.
Excessive loans or withdrawals may cause the Contract to lapse because of
insufficient Cash Surrender Value.
* Based on (1) and (2) above, the Death Benefit Guarantee is in effect to
Attained Age 71. Therefore, the Contract remains in force even though the Cash
Surrender Value is zero. The $750.00 premium illustrated is greater than the
Death Benefit Guarantee Premium for this Contract.
The hypothetical investment results are illustrative only, and should not be
deemed a representation of past or future investment results. Actual
investment results may be more or less than those shown, and will depend on a
number of factors, including the investment allocations by a Contract Owner,
and the different investment returns for the Fund. The Death Benefit,
Accumulated Value and Cash Surrender Value for a Contract would be different
from those shown above if the actual investment results applicable to the
Contract average 12% over a period of years, but also fluctuated above or
below the average for individual Contract Years. No representation can be made
by us or by the Fund that these hypothetical returns can be achieved for any
one year, or sustained over any one year, or sustained over any period of
time.
<PAGE>
<TABLE>
<CAPTION>
LUTHERAN BROTHERHOOD VARIABLE INSURANCE PRODUCTS COMPANY
FLEXIBLE PREMIUM VARIABLE LIFE INSURANCE TO AGE 96
Male Issue Age: 45; Nonsmoker, $1,500.00 Annual Premium, $100,000 Face Amount
Option B--Level Death Benefit Option
Assumed Hypothetical Gross Annual Investment Rate of Return: 12%
[1] [2] [3] [4] [5] [6] [7] [8]
Premiums Assuming Guaranteed Costs (1)(2) Assuming Current Costs (1)(2)
Accumul. -------------------------------- ---------------------------------
End of at 5% Cash Cash
Cont. Interest Death Accumulated Surrender Death Accumulated Surrender
Year Per Year Benefit Value Value Benefit Value Value
------ -------- ------- ----------- --------- ------- ----------- ---------
<S> <C> <C> <C> <C> <C> <C> <C>
1 1,575 100,000 1,113 258 100,000 1,190 335
2 3,228 100,000 2,314 1,519 100,000 2,490 1,695
3 4,965 100,000 3,625 2,890 100,000 3,911 3,176
4 6,788 100,000 5,047 4,372 100,000 5,468 4,793
5 8,702 100,000 6,593 5,978 100,000 7,166 6,551
6 10,713 100,000 8,279 7,787 100,000 9,022 8,530
7 12,823 100,000 10,110 9,741 100,000 11,055 10,686
8 15,039 100,000 12,094 11,848 100,000 13,286 13,040
9 17,366 100,000 14,250 14,127 100,000 15,720 15,597
10 19,810 100,000 16,591 16,591 100,000 18,382 18,382
11 22,375 100,000 19,205 19,205 100,000 21,355 21,355
12 25,069 100,000 22,054 22,054 100,000 24,618 24,618
13 27,897 100,000 25,172 25,172 100,000 28,208 28,208
14 30,867 100,000 28,577 28,577 100,000 32,161 32,161
15 33,986 100,000 32,311 32,311 100,000 36,528 36,528
16 37,260 100,000 36,414 36,414 100,000 41,366 41,366
17 40,698 100,000 40,928 40,928 100,000 46,733 46,733
18 44,308 100,000 45,909 45,909 100,000 52,700 52,700
19 48,098 100,000 51,419 51,419 100,000 59,353 59,353
20 52,078 100,000 57,536 57,536 100,000 66,789 66,789
Age
60 33,986 100,000 32,311 32,311 100,000 36,528 36,528
65 52,078 100,000 57,536 57,536 100,000 66,789 66,789
70 75,170 117,255 101,082 101,082 138,164 119,107 119,107
75 104,641 186,066 173,893 173,893 220,521 206,094 206,094
</TABLE>
(1) Assumes a $1,500.00 premium is paid at the beginning of each Contract
Year. Values will be different if premiums are paid with a different frequency
or in different amounts.
(2) Assumes that no Contract loans or partial surrenders have been made.
Excessive loans or withdrawals may cause the Contract to lapse because of
insufficient Cash Surrender Value.
* Based on (1) and (2) above, the Death Benefit Guarantee is in effect to
Attained Age 74. Therefore, the Contract remains in force even though the Cash
Surrender Value is zero. The $1,500.00 premium illustrated is greater than the
Death Benefit Guarantee Premium for this Contract.
The hypothetical investment results are illustrative only, and should not be
deemed a representation of past or future investment results. Actual
investment results may be more or less than those shown, and will depend on a
number of factors, including the investment allocations by a Contract Owner,
and the different investment returns for the Fund. The Death Benefit,
Accumulated Value and Cash Surrender Value for a Contract would be different
from those shown above if the actual investment results applicable to the
Contract average 12% over a period of years, but also fluctuated above or
below the average for individual Contract Years. No representation can be made
by us or by the Fund that these hypothetical returns can be achieved for any
one year, or sustained over any one year, or sustained over any period of
time.
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