20-Year Level Term Life Insurance Plan

Schedule of Benefits And Quarterly Premiums as of 2012

Quarterly Premium Schedule Per $10,000 Unit

When comparing rates, please keep in mind that although not promised or guaranteed, this plan is designed to generate dividends that an insured is asked to donate to fund ABE’s charitable programs, or Members may annually request that dividends be refunded to them. We ask that you leave these dividends with the Endowment. If you do so, you are eligible for a charitable contribution deduction on your individual tax return. (See Assignment of Dividends for further details.) Montana Residents: “Male” rates apply to all individuals regardless of sex.

Application Postmark Age	$100,000 - $240,000		$250,000 - $490,000		$500,000 - $990,000		$1,000,000 -$2,000,000
	Male	Female	Male	Female	Male	Female	Male	Female
30 and under	$2.85	$2.43	$2.00	$1.63	$1.85	$1.48	$1.73	$1.30
31	2.85	2.43	2.00	1.65	1.85	1.50	1.73	1.33
32	2.85	2.50	2.00	1.68	1.85	1.53	1.73	1.38
33	2.85	2.55	2.00	1.73	1.85	1.58	1.73	1.40
34	2.85	2.60	2.00	1.78	1.85	1.63	1.73	1.48
35	2.85	2.68	2.00	1.83	1.85	1.68	1.73	1.53
36	2.98	2.75	2.08	1.88	1.93	1.73	1.80	1.60
37	3.15	2.80	2.15	1.95	2.00	1.80	1.88	1.65
38	3.38	2.90	2.28	2.03	2.13	1.88	2.00	1.73
39	3.63	3.00	2.43	2.13	2.28	1.98	2.15	1.83
40	3.93	3.13	2.63	2.25	2.48	2.10	2.35	1.95
41	4.23	3.30	2.88	2.40	2.73	2.25	2.60	2.10
42	4.63	3.50	3.18	2.60	3.03	2.45	2.90	2.28
43	5.08	3.75	3.50	2.80	3.35	2.65	3.25	2.48
44	5.50	4.03	3.88	3.05	3.73	2.90	3.63	2.68
45	5.95	4.30	4.25	3.30	4.10	3.15	4.00	2.90
46	6.40	4.60	4.65	3.58	4.50	3.43	4.40	3.13
47	6.85	4.93	5.10	3.88	4.95	3.73	4.85	3.35
48	7.30	5.28	5.58	4.23	5.43	4.08	5.33	3.58
49	7.85	5.65	6.08	4.58	5.93	4.43	5.83	3.88
50	8.55	6.08	6.60	4.98	6.45	4.83	6.35	4.23
51	9.35	6.55	7.13	5.40	6.98	5.25	6.88	4.65
52	10.28	7.05	7.63	5.83	7.48	5.68	7.38	5.15
53	11.33	7.60	8.20	6.30	8.05	6.15	7.95	5.70
54	12.55	8.23	8.93	6.85	8.78	6.70	8.68	6.33

SCHEDULE OF BENEFITS AND QUARTERLY PREMIUMS CURRENT AS OF 2011/2012

Quarterly Select Premium Rates Per $10,000 Unit

Application Postmark Age	$100,000 - $240,000		$250,000 - $490,000		$500,000 - $990,000		$1,000,000 -$2,000,000
	Male	Female	Male	Female	Male	Female	Male	Female
30 and Under	$3.75	$3.03	$2.88	$2.23	$2.73	$2.08	$2.65	$2.00
31	3.78	3.08	2.88	2.28	2.73	2.13	2.65	2.05
32	3.83	3.20	2.93	2.38	2.78	2.23	2.70	2.15
33	3.90	3.28	2.98	2.48	2.83	2.33	2.75	2.25
34	3.98	3.43	3.05	2.58	2.90	2.43	2.83	2.35
35	4.08	3.60	3.15	2.73	3.00	2.58	2.93	2.50
36	4.20	3.75	3.28	2.88	3.13	2.73	3.05	2.65
37	4.40	3.93	3.43	3.00	3.28	2.85	3.20	2.78
38	4.58	4.10	3.60	3.18	3.45	3.03	3.38	2.95
39	4.85	4.35	3.83	3.38	3.68	3.23	3.60	3.15
40	5.23	4.58	4.13	3.60	3.98	3.45	3.90	3.38
41	5.63	4.85	4.50	3.80	4.35	3.65	4.28	3.58
42	6.18	5.10	4.98	4.05	4.83	3.90	4.75	3.83
43	6.80	5.43	5.53	4.33	5.38	4.18	5.30	4.10
44	7.43	5.78	6.05	4.63	5.90	4.48	5.83	4.40
45	8.10	6.18	6.65	4.98	6.50	4.83	6.43	4.75
46	8.73	6.65	7.18	5.38	7.03	5.23	6.95	5.15
47	9.35	7.20	7.73	5.85	7.58	5.70	7.50	5.63
48	9.98	7.78	8.30	6.38	8.15	6.23	8.08	6.15
49	10.83	8.40	9.03	6.90	8.88	6.75	8.80	6.68
50	11.88	9.05	9.93	7.48	9.78	7.33	9.70	7.25
51	13.20	9.68	11.10	8.00	10.95	7.85	10.88	7.78
52	14.78	10.30	12.45	8.55	12.30	8.40	12.23	8.33
53	16.60	11.00	14.03	9.15	13.88	9.00	13.80	8.93
54	18.55	11.90	15.73	9.93	15.58	9.78	15.50	9.70

SCHEDULE OF BENEFITS AND QUARTERLY PREMIUMS CURRENT AS OF 2011/2012

Quarterly Standard* Premium Rates Per $10,000 Unit

Application Postmark Age	$100,000 - $240,000		$250,000 - $490,000		$500,000 - $990,000		$1,000,000 -$2,000,000
	Male	Female	Male	Female	Male	Female	Male	Female
25 and Under	$6.15	$4.50	$4.95	$3.50	$4.80	$3.35	$4.73	$3.28
26	6.15	4.60	4.95	3.60	4.80	3.45	4.73	3.38
27	6.23	4.75	5.00	3.73	4.85	3.58	4.78	3.50
28	6.28	4.93	5.05	3.88	4.90	3.73	4.83	3.65
29	6.35	5.13	5.13	4.05	4.98	3.90	4.90	3.83
30	6.53	5.30	5.28	4.20	5.13	4.05	5.05	3.98
31	6.80	5.48	5.50	4.35	5.35	4.20	5.28	4.13
32	7.10	5.63	5.78	4.48	5.63	4.33	5.55	4.25
33	7.50	5.78	6.13	4.63	5.98	4.48	5.90	4.40
34	7.93	6.03	6.48	4.83	6.33	4.68	6.25	4.60
35	8.38	6.33	6.88	5.10	6.73	4.95	6.65	4.88
36	8.80	6.78	7.25	5.48	7.10	5.33	7.03	5.25
37	9.23	7.30	7.63	5.95	7.48	5.80	7.40	5.73
38	9.75	7.93	8.08	6.48	7.93	6.33	7.85	6.25
39	10.38	8.55	8.63	7.03	8.48	6.88	8.40	6.80
40	11.25	9.18	9.38	7.58	9.23	7.43	9.15	7.35
41	12.43	9.80	10.40	8.13	10.25	7.98	10.18	7.90
42	13.88	10.45	11.65	8.68	11.50	8.53	11.43	8.45
43	15.48	11.08	13.05	9.23	12.90	9.08	12.83	9.00
44	17.20	11.83	14.55	9.88	14.40	9.73	14.33	9.65
45	18.93	12.63	16.05	10.58	15.90	10.43	15.83	10.35
46	20.65	13.53	17.55	11.35	17.40	11.20	17.33	11.13
47	22.45	14.50	19.13	12.20	18.98	12.05	18.90	11.98
48	24.35	15.55	20.78	13.13	20.63	12.98	20.55	12.90
49	26.38	16.70	22.53	14.13	22.38	13.98	22.30	13.90
50	28.50	17.90	24.38	15.15	24.23	15.00	24.15	14.93
51	30.78	19.13	26.35	16.23	26.20	16.08	26.13	16.00
52	33.25	20.45	28.50	17.38	28.35	17.23	28.28	17.15
53	35.80	21.85	30.73	18.60	30.58	18.45	30.50	18.38
54	38.50	23.35	33.08	19.90	32.93	19.75	32.85	19.68

Premiums are guaranteed to remain level for the first 20 Years of coverage. Then, if still eligible, you may reapply for 20-year level rates in effect for a subsequent 20-year term; rates for the subsequent term would be determined based on the proposed insured's then current age, health and smoking status and guaranteed for 20 Years. If you're not approved for a subsequent 20-year term of guaranteed rates, or do not apply for a subsequent 20-year term, coverage will continue in force on a non-guaranteed rate basis with increasing premiums as the insured ages.

The rates shown for the 20 Year Level Term Life Plan are the rates New York Life currently charges and reflect the current benefit structure.

The cost of this life insurance is based upon the Member and spouse’s gender, amount of insurance requested, usage of tobacco/nicotine products, health status, and attained age on the date the application is postmarked. Only non-smokers meeting the highest underwriting standards may qualify for the Preferred Rates. Other non-smokers may qualify for the Select rates, higher but still competitive. Approved smokers would qualify for the Standard rates only–the plan’s highest. Upon approval of your application, you will be notified of the rate classification for each approved person. Premium rates will vary depending on the option chosen.

Child's Schedule of Benefits and Quarterly Premium: $5,000 Coverage. One $2.50 quarterly premium covers all eligible dependent children regardless of number. Coverage terminates on the policy anniversary on or next following the insured’s 75th birthday. Due to rounding, premiums may differ by pennies when billed.

Benefit options are not guaranteed and are subject to change by agreement between New York Life and ABE. Coverage terminates on the June 1 Group Policy anniversary on or next following the Member's 75th birthday. See When Insurance Ends. Due to rounding, premiums may differ by pennies when billed.

Underwritten by New York Life Insurance Company, 51 Madison Avenue, New York, NY 10010 under Group Policy G-29168-0 on Policy Form GMR-FACE/G-29168-0