Choice 5 Advantages

Tax-deferred - Your annuity grows much faster than alternative vehicles because you:

• Earn interest on your principal
• Earn interest on your interest
• Earn interest on money you normally pay in taxes
• Never pay tax on interest until you take it out
• Decide on the best time to withdraw your money

Result - You and your family have more money with a tax-deferred annuity.

Policy Values

Your Accumulation Value is 100%* of your premium and earned interest. The Surrender Value is the Accumulation Value less any cash withdrawals and applicable withdrawal charges. Withdrawal charges are waived in the event of the annuitant's death. Prior cash withdrawals are deducted from the Accumulation Value, Surrender Value, and Death Benefit.

Liquidity

Your interest earnings are available when you need them. You may withdraw up to 100% of your accumulated interest or receive monthly interest checks. The minimum interest check is $100. Any premium withdrawn during the first five policy years is subject to withdrawal charges.

Since there are no front-end sales charges or annual fees, 100% of your money is always working for you!

Payout Options

You may elect to annuitize at any time after thirty days. You have a wide range of options from which to choose. A payout option can be tailored to meet your specific needs. Withdrawal charges are waived if you elect a payout option with a duration of at least five years.

Safety

• Your money is never subject to market risk, and the minimum rate is guaranteed to never be less than 3.0%.
• GILICO is legally required to maintain reserves and certain minimum levels of capital and surplus to further protect your money.

*Some states charge a premium tax

A 10% IRS penalty may apply to amounts withdrawn before the owner reaches the age of 59½.