EXECUTIVE BENEFITS NETWORK For a customized proposal for your bank, please contact: Executive Benefits Network 4601 W 6th Street, Ste A | Lawrence, KS 66049 www.ebn-design.com | (785) 838-9800 jjones@ebn-design.com | nicole@ebn-design.com The only Kansas-based BOLI firm, serving Kansas banks for over 25 years. Come see what BOLI can do for your bank. WORRY-FREE BOLI UNDERWRITING Guaranteed Issue BOLI is a great way to quickly and easily cover a select group of key employees with BOLI. With a group of 10 or more employees, your bank can qualify for guaranteed issue BOLI which typically requires employees to answer only two questions: 1) Have you missed 3 or more days of work due to sickness or injury in the last 90 days? 2) Have you used tobacco in the last 5 years? To see how your bank can implement guaranteed issue BOLI, please contact EBN for a customized plan. PLAN YEAR PREMIUM CASH VALUE TOTAL INSURANCE CASH VALUE ANNUAL INCREASE CASH VALUE YIELD TAX EQUIVALENT YIELD 1 1,000,000 1,032,020 2,065,651 32,020 3.20% 4.45% 2 0 1,064,779 2,094,373 32,759 3.19% 4.43% 3 0 1,098,908 2,124,027 34,129 3.19% 4.44% 4 0 1,134,008 2,153,903 35,100 3.19% 4.44% 5 0 1,170,153 2,184,018 36,145 3.19% 4.43% 6 0 1,208,033 2,215,639 37,880 3.20% 4.44% 7 0 1,247,206 2,247,947 39,173 3.21% 4.45% 8 0 1,287,782 2,281,117 40,576 3.21% 4.46% 9 0 1,331,115 2,317,400 43,333 3.23% 4.48% 10 0 1,378,065 2,358,165 46,950 3.26% 4.53% 11 0 1,428,413 2,402,794 50,349 3.29% 4.58% 12 0 1,480,782 2,448,828 52,369 3.33% 4.62% 13 0 1,535,244 2,496,372 54,462 3.35% 4.66% 14 0 1,591,928 2,545,496 56,684 3.38% 4.69% 15 0 1,650,886 2,596,264 58,959 3.40% 4.72% 16 0 1,712,188 2,648,765 61,302 3.42% 4.75% 17 0 1,775,905 2,703,052 63,717 3.44% 4.77% 18 0 1,842,153 2,759,284 66,248 3.45% 4.79% 19 0 1,911,004 2,817,509 68,850 3.47% 4.82% 20 0 1,982,548 2,877,846 71,545 3.48% 4.83% 21 0 2,056,846 2,940,199 74,297 3.49% 4.85% 22 0 2,134,008 3,004,713 77,162 3.51% 4.87% 23 0 2,214,156 3,071,420 80,148 3.52% 4.88% 24 0 2,297,351 3,140,303 83,196 3.53% 4.90% 25 0 2,383,695 3,211,488 86,343 3.54% 4.91% Hypothetical purchase in the amount illustrated above assumes guaranteed issue policies with a top AAA-rated insurance carrier. Earnings are tax-free if policies are held until death. Assumes an effective tax rate of 28.0% Sample Kansas Bank Insurance Illustration Composite Illustration
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