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[lmi-commits] [lmi] master bbd80da 4/4: Expunge disused 'variable_annuit
|
From: |
Greg Chicares |
|
Subject: |
[lmi-commits] [lmi] master bbd80da 4/4: Expunge disused 'variable_annuity.xsl' |
|
Date: |
Tue, 18 Jul 2017 10:45:40 -0400 (EDT) |
branch: master
commit bbd80dafabb7667f2ec9b989da23b0cb6deba224
Author: Gregory W. Chicares <address@hidden>
Commit: Gregory W. Chicares <address@hidden>
Expunge disused 'variable_annuity.xsl'
---
ledger.cpp | 1 -
ledger_xsl.cpp | 1 -
mc_enum_types.xpp | 2 +-
variable_annuity.xsl | 955 ---------------------------------------------------
4 files changed, 1 insertion(+), 958 deletions(-)
diff --git a/ledger.cpp b/ledger.cpp
index 9a4a6c2..e5b7eed 100644
--- a/ledger.cpp
+++ b/ledger.cpp
@@ -94,7 +94,6 @@ void Ledger::SetRunBases(int length)
break;
case mce_group_private_placement: // Deliberately fall through.
case mce_individual_private_placement: // Deliberately fall through.
- case mce_variable_annuity: // Deliberately fall through.
case mce_nasd:
{
l_map_rep[mce_run_gen_curr_sep_full] = LedgerVariant(length);
diff --git a/ledger_xsl.cpp b/ledger_xsl.cpp
index ba480d7..7743940 100644
--- a/ledger_xsl.cpp
+++ b/ledger_xsl.cpp
@@ -49,7 +49,6 @@ std::string xsl_filename(Ledger const& ledger)
case mce_nasd: return "nasd.xsl";
case mce_group_private_placement: return "reg_d_group.xsl";
case mce_individual_private_placement: return "reg_d_individual.xsl";
- case mce_variable_annuity: return "variable_annuity.xsl";
default:
{
alarum() << "Case '" << z << "' not found." << LMI_FLUSH;
diff --git a/mc_enum_types.xpp b/mc_enum_types.xpp
index 120976e..33c22d7 100644
--- a/mc_enum_types.xpp
+++ b/mc_enum_types.xpp
@@ -166,7 +166,7 @@
,"obsolete ledger type 4--do not use" \
,"obsolete ledger type 5--do not use" \
,"individual_private_placement" \
- ,"variable_annuity" \
+ ,"obsolete ledger type 7--do not use" \
};
#define uw_basis_VALUES \
diff --git a/variable_annuity.xsl b/variable_annuity.xsl
deleted file mode 100644
index 1a86fea..0000000
--- a/variable_annuity.xsl
+++ /dev/null
@@ -1,955 +0,0 @@
-<?xml version="1.0" encoding="UTF-8"?>
-<!--
- Annuity illustrations.
-
- Copyright (C) 2007, 2008, 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016,
2017 Gregory W. Chicares.
-
- This program is free software; you can redistribute it and/or modify
- it under the terms of the GNU General Public License version 2 as
- published by the Free Software Foundation.
-
- This program is distributed in the hope that it will be useful,
- but WITHOUT ANY WARRANTY; without even the implied warranty of
- MERCHANTABILITY or FITNESS FOR A PARTICULAR PURPOSE. See the
- GNU General Public License for more details.
-
- You should have received a copy of the GNU General Public License
- along with this program; if not, write to the Free Software Foundation,
- Inc., 51 Franklin St, Fifth Floor, Boston, MA 02110-1301, USA
-
- http://savannah.nongnu.org/projects/lmi
- email: <address@hidden>
- snail: Chicares, 186 Belle Woods Drive, Glastonbury CT 06033, USA
--->
-<!DOCTYPE stylesheet [
-<!ENTITY nbsp " ">
-]>
-<xsl:stylesheet xmlns:xsl="http://www.w3.org/1999/XSL/Transform";
xmlns:fo="http://www.w3.org/1999/XSL/Format"; version="1.0">
- <xsl:import href="fo_common.xsl"/>
- <xsl:output method="xml" encoding="UTF-8" indent="yes"/>
-
- <xsl:template match="/">
- <fo:root>
- <fo:layout-master-set>
-
- <!-- Define the Cover page. -->
- <fo:simple-page-master master-name="cover-page">
- <xsl:call-template name="set-page-size"/>
- <!-- Central part of page -->
- <fo:region-body margin="1.4in 0 1.2in"/>
- <!-- Footer -->
- <fo:region-after extent="1.1in"/>
- </fo:simple-page-master>
-
- <!-- Define the Hypothetical Illustration Current page. -->
- <fo:simple-page-master master-name="hypothetical-illustration-current">
- <xsl:call-template name="set-page-size"/>
- <!-- Central part of page -->
- <fo:region-body margin="2.7in 0 1.2in"/>
- <!-- Header -->
- <fo:region-before extent="2.7in"/>
- <!-- Footer -->
- <fo:region-after extent="1.1in"/>
- </fo:simple-page-master>
-
- <!-- Define the Hypothetical Illustration CurrentZero page. -->
- <fo:simple-page-master
master-name="hypothetical-illustration-current-zero">
- <xsl:call-template name="set-page-size"/>
- <!-- Central part of page -->
- <fo:region-body margin="2.7in 0 1.2in"/>
- <!-- Header -->
- <fo:region-before extent="2.7in"/>
- <!-- Footer -->
- <fo:region-after extent="1.1in"/>
- </fo:simple-page-master>
-
- <!-- Define the Hypothetical Illustration Guaranteed page. -->
- <fo:simple-page-master
master-name="hypothetical-illustration-guaranteed">
- <xsl:call-template name="set-page-size"/>
- <!-- Central part of page -->
- <fo:region-body margin="2.7in 0 1.2in"/>
- <!-- Header -->
- <fo:region-before extent="2.7in"/>
- <!-- Footer -->
- <fo:region-after extent="1.1in"/>
- </fo:simple-page-master>
-
- <!-- Define the Hypothetical Illustration GuaranteedZero page. -->
- <fo:simple-page-master
master-name="hypothetical-illustration-guaranteed-zero">
- <xsl:call-template name="set-page-size"/>
- <!-- Central part of page -->
- <fo:region-body margin="2.7in 0 1.2in"/>
- <!-- Header -->
- <fo:region-before extent="2.7in"/>
- <!-- Footer -->
- <fo:region-after extent="1.1in"/>
- </fo:simple-page-master>
-
- <!-- Define the Explanation and Footnotes page 1. -->
- <fo:simple-page-master master-name="explanation-and-footnotes-1">
- <xsl:call-template name="set-page-size"/>
- <!-- Central part of page -->
- <fo:region-body margin="1.5in 0 1.2in"/>
- <!-- Header -->
- <fo:region-before extent="1.4in"/>
- <!-- Footer -->
- <fo:region-after extent="1.1in"/>
- </fo:simple-page-master>
-
- <!-- Define the Explanation and Footnotes page 2. -->
- <fo:simple-page-master master-name="explanation-and-footnotes-2">
- <xsl:call-template name="set-page-size"/>
- <!-- Central part of page -->
- <fo:region-body margin="1.5in 0 1.2in"/>
- <!-- Header -->
- <fo:region-before extent="1.4in"/>
- <!-- Footer -->
- <fo:region-after extent="1.1in"/>
- </fo:simple-page-master>
-
- <!-- Define the Certification Statements page. -->
- <fo:simple-page-master master-name="certification-statements">
- <xsl:call-template name="set-page-size"/>
- <!-- Central part of page -->
- <fo:region-body margin="2.0in 0 1.2in"/>
- <!-- Header -->
- <fo:region-before extent="2.0in"/>
- <!-- Footer -->
- <fo:region-after extent="1.1in"/>
- </fo:simple-page-master>
-
- <!-- Define the Supplemental Report page. -->
- <xsl:if test="$has_supplemental_report">
- <fo:simple-page-master master-name="supplemental-report">
- <xsl:call-template name="set-page-size"/>
- <!-- Central part of page -->
- <fo:region-body margin="2.7in 0 1.2in"/>
- <!-- Header -->
- <fo:region-before extent="2.7in"/>
- <!-- Footer -->
- <fo:region-after extent="1.1in"/>
- </fo:simple-page-master>
- </xsl:if>
-
- </fo:layout-master-set>
-
- <!-- Cover Page -->
-
- <fo:page-sequence master-reference="cover-page">
-
- <fo:static-content flow-name="xsl-region-before">
- <xsl:call-template name="standard-header">
- <xsl:with-param name="logo_only" select="1"/>
- </xsl:call-template>
- </fo:static-content>
-
- <fo:static-content flow-name="xsl-region-after">
- <xsl:call-template name="standard-footer">
- <xsl:with-param name="displaypagenumber" select="1"/>
- </xsl:call-template>
- </fo:static-content>
-
- <fo:flow flow-name="xsl-region-body">
- <fo:block font-weight="bold" font-size="11pt"
font-family="sans-serif" text-align="center">
- <fo:block font-size="18pt" padding="1em 0 25pt">
- <xsl:value-of select="$scalars/PolicyMktgName"/>
- <fo:inline vertical-align="super" font-size="7pt">SM</fo:inline>
- </fo:block>
- <fo:block font-size="12pt" padding-after="45pt">
- Hypothetical Annuity Illustration - Accumulation Phase
- </fo:block>
- <fo:block padding-after="25pt">
- Prepared by: <xsl:value-of select="$scalars/InsCoShortName"/>
- </fo:block>
- <fo:block padding-after="25pt">
- Prepared for:
- <!--
- Properly adjust for long user input strings: limit output
- to 140 characters for approximately two lines.
- -->
- <xsl:call-template name="limitstring">
- <xsl:with-param name="length" select="140"/>
- <xsl:with-param name="passString">
- <xsl:choose>
- <xsl:when test="not($is_composite)">
- <xsl:value-of select="$scalars/Insured1"/>
- </xsl:when>
- <xsl:otherwise>
- <xsl:value-of select="$scalars/CorpName"/>
- </xsl:otherwise>
- </xsl:choose>
- </xsl:with-param>
- </xsl:call-template>
- </fo:block>
- <fo:block padding-after="150.0pt">
- Date Prepared: <xsl:call-template name="date-prepared"/>
- </fo:block>
- </fo:block>
- <fo:block font-weight="normal" font-size="9pt"
font-family="sans-serif" text-align="left">
- <fo:block padding-after="10.0pt">
- The purpose of this illustration is to show how hypothetical
rates
- of return will affect Contract Value. These hypothetical returns
- do not reflect past performance and are not predictive
- of future results. Actual results could be less than or greater
- than the hypothetical rates and in all likelihood will vary
- from year to year.
- </fo:block>
- <fo:block font-weight="bold" padding-after="10.0pt">
- This material must be preceded or accompanied by the current
- Confidential Private Placement Memorandum for
- <xsl:value-of select="$scalars/PolicyMktgName"/>
- <fo:inline vertical-align="super" font-size="7pt">SM</fo:inline>
- and the current prospectuses and private placement memoranda
- for its underlying investment choices. Investors should
- carefully consider the investment objectives, risks,
- charges and expenses of the variable annuity Contract and its
- underlying investment choices. Please read the prospectuses
- and private placement memoranda carefully before investing
- or sending money.
- </fo:block>
- <fo:block padding-after="10.0pt">
- <xsl:value-of select="$scalars/PolicyMktgName"/>
- <fo:inline vertical-align="super" font-size="7pt">SM</fo:inline>
- is an individual variable deferred annuity contract with flexible
- purchase payments issued by <xsl:value-of
select="$scalars/InsCoName"/>
- (<xsl:value-of select="$scalars/InsCoShortName"/>),
- <xsl:value-of select="$scalars/InsCoStreet"/>.
- </fo:block>
- <fo:block padding-after="10.0pt">
- Placement Agents:
- <xsl:value-of select="$scalars/CoUnderwriter"/> serves as the
- placement agent for contracts sold by its registered
- representatives.
- <xsl:value-of select="$scalars/MainUnderwriter"/>
- serves as the placement agent for contracts sold by registered
- representatives of other broker-dealers that have entered into
- distribution agreements with
- <xsl:value-of select="$scalars/MainUnderwriter"/>.
- </fo:block>
- <fo:block padding-after="10.0pt">
- <xsl:value-of select="$scalars/CoUnderwriter"/> and
- <xsl:value-of select="$scalars/MainUnderwriter"/> are
- subsidiaries of <xsl:value-of select="$scalars/InsCoName"/>
- (<xsl:value-of select="$scalars/InsCoShortName"/>) and are
- located at <xsl:value-of select="$scalars/InsCoStreet"/>.
- </fo:block>
- <fo:block>
- <xsl:value-of select="$scalars/InsCoShortName"/> Financial Group
- is a marketing designation
- for <xsl:value-of select="$scalars/InsCoName"/>
- (<xsl:value-of select="$scalars/InsCoShortName"/>)
- and its subsidiaries.
- </fo:block>
- </fo:block>
- </fo:flow>
-
- </fo:page-sequence>
-
- <!-- Hypothetical Illustration Current -->
-
- <fo:page-sequence master-reference="hypothetical-illustration-current">
-
- <fo:static-content flow-name="xsl-region-before">
- <xsl:call-template name="standard-header">
- <xsl:with-param name="logo_only" select="0"/>
- </xsl:call-template>
- <xsl:call-template name="scalar-header">
- <xsl:with-param name="basis" select="'Current'"/>
- </xsl:call-template>
- <xsl:call-template name="titles">
- <xsl:with-param name="basis" select="'Current'"/>
- </xsl:call-template>
- <xsl:call-template name="dollar-units"/>
- </fo:static-content>
-
- <fo:static-content flow-name="xsl-region-after">
- <xsl:call-template name="standard-footer">
- <xsl:with-param name="basis" select="'Current'"/>
- <xsl:with-param name="displaypagenumber" select="1"/>
- </xsl:call-template>
- </fo:static-content>
-
- <fo:flow flow-name="xsl-region-body">
-
- <xsl:variable name="basis-lapse-year-text">
- <xsl:call-template name="get-basis-lapse-year">
- <xsl:with-param name="basis" select="'Current'"/>
- </xsl:call-template>
- </xsl:variable>
- <xsl:variable name="basis-lapse-year"
select="number($basis-lapse-year-text)"/>
-
- <!-- Illustration Values -->
- <xsl:call-template name="illustration-table">
- <xsl:with-param name="basis" select="'Current'"/>
- <xsl:with-param name="basis-lapse-year"
select="$basis-lapse-year"/>
- </xsl:call-template>
- </fo:flow>
-
- </fo:page-sequence>
-
- <!-- Hypothetical Illustration CurrentZero -->
-
- <fo:page-sequence
master-reference="hypothetical-illustration-current-zero">
-
- <fo:static-content flow-name="xsl-region-before">
- <xsl:call-template name="standard-header">
- <xsl:with-param name="logo_only" select="0"/>
- </xsl:call-template>
- <xsl:call-template name="scalar-header">
- <xsl:with-param name="basis" select="'CurrentZero'"/>
- </xsl:call-template>
- <xsl:call-template name="titles">
- <xsl:with-param name="basis" select="'CurrentZero'"/>
- </xsl:call-template>
- <xsl:call-template name="dollar-units"/>
- </fo:static-content>
-
- <fo:static-content flow-name="xsl-region-after">
- <xsl:call-template name="standard-footer">
- <xsl:with-param name="basis" select="'CurrentZero'"/>
- <xsl:with-param name="displaypagenumber" select="1"/>
- </xsl:call-template>
- </fo:static-content>
-
- <fo:flow flow-name="xsl-region-body">
-
- <xsl:variable name="basis-lapse-year-text">
- <xsl:call-template name="get-basis-lapse-year">
- <xsl:with-param name="basis" select="'CurrentZero'"/>
- </xsl:call-template>
- </xsl:variable>
- <xsl:variable name="basis-lapse-year"
select="number($basis-lapse-year-text)"/>
-
- <!-- Illustration Values -->
- <xsl:call-template name="illustration-table">
- <xsl:with-param name="basis" select="'CurrentZero'"/>
- <xsl:with-param name="basis-lapse-year"
select="$basis-lapse-year"/>
- </xsl:call-template>
- </fo:flow>
-
- </fo:page-sequence>
-
- <!-- Hypothetical Illustration Guaranteed -->
-
- <fo:page-sequence
master-reference="hypothetical-illustration-guaranteed">
-
- <fo:static-content flow-name="xsl-region-before">
- <xsl:call-template name="standard-header">
- <xsl:with-param name="logo_only" select="0"/>
- </xsl:call-template>
- <xsl:call-template name="scalar-header">
- <xsl:with-param name="basis" select="'Guaranteed'"/>
- </xsl:call-template>
- <xsl:call-template name="titles">
- <xsl:with-param name="basis" select="'Guaranteed'"/>
- </xsl:call-template>
- <xsl:call-template name="dollar-units"/>
- </fo:static-content>
-
- <fo:static-content flow-name="xsl-region-after">
- <xsl:call-template name="standard-footer">
- <xsl:with-param name="basis" select="'Guaranteed'"/>
- <xsl:with-param name="displaypagenumber" select="1"/>
- </xsl:call-template>
- </fo:static-content>
-
- <fo:flow flow-name="xsl-region-body">
-
- <xsl:variable name="basis-lapse-year-text">
- <xsl:call-template name="get-basis-lapse-year">
- <xsl:with-param name="basis" select="'Guaranteed'"/>
- </xsl:call-template>
- </xsl:variable>
- <xsl:variable name="basis-lapse-year"
select="number($basis-lapse-year-text)"/>
-
- <!-- Illustration Values -->
- <xsl:call-template name="illustration-table">
- <xsl:with-param name="basis" select="'Guaranteed'"/>
- <xsl:with-param name="basis-lapse-year"
select="$basis-lapse-year"/>
- </xsl:call-template>
- </fo:flow>
-
- </fo:page-sequence>
-
- <!-- Hypothetical Illustration GuaranteedZero -->
-
- <fo:page-sequence
master-reference="hypothetical-illustration-guaranteed-zero">
-
- <fo:static-content flow-name="xsl-region-before">
- <xsl:call-template name="standard-header">
- <xsl:with-param name="logo_only" select="0"/>
- </xsl:call-template>
- <xsl:call-template name="scalar-header">
- <xsl:with-param name="basis" select="'GuaranteedZero'"/>
- </xsl:call-template>
- <xsl:call-template name="titles">
- <xsl:with-param name="basis" select="'GuaranteedZero'"/>
- </xsl:call-template>
- <xsl:call-template name="dollar-units"/>
- </fo:static-content>
-
- <fo:static-content flow-name="xsl-region-after">
- <xsl:call-template name="standard-footer">
- <xsl:with-param name="basis" select="'GuaranteedZero'"/>
- <xsl:with-param name="displaypagenumber" select="1"/>
- </xsl:call-template>
- </fo:static-content>
-
- <fo:flow flow-name="xsl-region-body">
-
- <xsl:variable name="basis-lapse-year-text">
- <xsl:call-template name="get-basis-lapse-year">
- <xsl:with-param name="basis" select="'GuaranteedZero'"/>
- </xsl:call-template>
- </xsl:variable>
- <xsl:variable name="basis-lapse-year"
select="number($basis-lapse-year-text)"/>
-
- <!-- Illustration Values -->
- <xsl:call-template name="illustration-table">
- <xsl:with-param name="basis" select="'GuaranteedZero'"/>
- <xsl:with-param name="basis-lapse-year"
select="$basis-lapse-year"/>
- </xsl:call-template>
- </fo:flow>
-
- </fo:page-sequence>
-
- <!-- Explanation and Footnotes page 1 -->
-
- <fo:page-sequence master-reference="explanation-and-footnotes-1">
-
- <fo:static-content flow-name="xsl-region-before">
- <xsl:call-template name="standard-header">
- <xsl:with-param name="logo_only" select="0"/>
- </xsl:call-template>
- <fo:block font-weight="bold" font-size="11pt"
font-family="sans-serif" text-align="center" padding-top=".8em">
- Explanation and Footnotes
- </fo:block>
- </fo:static-content>
-
- <fo:static-content flow-name="xsl-region-after">
- <xsl:call-template name="standard-footer">
- <xsl:with-param name="displaypagenumber" select="1"/>
- </xsl:call-template>
- </fo:static-content>
-
- <fo:flow flow-name="xsl-region-body">
- <fo:block font-weight="normal" font-size="9pt"
font-family="sans-serif" text-align="left">
- <fo:block font-size="10pt" font-weight="bold"
text-decoration="underline">
- The Illustration
- </fo:block>
- <fo:block padding-top="1em">
- The hypothetical Net Rate of Return is the rate of return net
- of investment management, custody and other expenses charged
- by the investment manager of the underlying fund(s).
- </fo:block>
- <fo:block font-weight="bold" padding-top="1em">
- The information provided in this illustration is not written
- or intended as tax or legal advice and may not be relied on
- for purposes of avoiding any Federal tax penalties.
- <xsl:value-of select="$scalars/InsCoShortName"/>, its employees
- and representatives are not authorized to give tax
- or legal advice. Individuals are encouraged to seek advice
- from their own tax or legal counsel.
- </fo:block>
- <fo:block padding-top="1em">
- This illustration is not a Contract or an offer or solicitation
- to enter into a Contract. Offers are made only through
- the Confidential Private Placement Memorandum for
- <xsl:value-of select="$scalars/PolicyMktgName"/>
- <fo:inline vertical-align="super" font-size="7pt">SM</fo:inline>.
- </fo:block>
- </fo:block>
-
- <fo:block font-weight="normal" font-size="9pt"
font-family="sans-serif" text-align="left">
- <fo:block font-size="10pt" font-weight="bold" padding-top="2em"
text-decoration="underline">
- The Contract
- </fo:block>
- <fo:block padding-top="1em">
- <fo:inline font-weight="bold">Contract Requirements:</fo:inline>
- This Contract is only available to persons who are deemed
- accredited investors and qualified purchasers under applicable
- federal securities laws. The minimum initial premium is $500,000.
- You must be able to bear the risk of loss of your entire
investment
- in the Contract. You will be required to represent to
- <xsl:value-of select="$scalars/InsCoShortName"/> that you are
- familiar with and understand the fundamental risks and financial
- hazards of investing in the Contract.
- </fo:block>
- <fo:block padding-top="1em">
- <fo:inline font-weight="bold">Purchase Payment
Charges:</fo:inline>
- The sum of the negotiated Purchase Payment Distribution Charge
- and Purchase Payment Expense Charge plus state premium tax,
- if applicable.
- </fo:block>
- <fo:block padding-top="1em">
- <fo:inline font-weight="bold">Monthly Charges:</fo:inline>
- Monthly Charges will be deducted from the Contract Value.
- The Company may assess Monthly Charges of three (3) types:
- Mortality and Expense Risk Charges, Asset Based
- Distribution Charges and Administrative Charges. The Monthly
- Charges will be taken from the Money Market Sub-Account.
- </fo:block>
- <fo:block padding-top="1em">
- Due to the limitations on withdrawals from investment options
- offered under the Contract, we reserve the right to (i) allocate
- a portion of each purchase payment to the Money Market
Sub-Account
- and (ii) transfer Contract Value to the Money Market Sub-Account
- from time to time to ensure that monthly charges can be deducted
- from the Money Market Sub-Account when due. The illustrated
- values do not reflect any amounts that may be allocated
- to meet the minimum Money Market requirement.
- </fo:block>
- <fo:block padding-top="1em">
- <fo:inline font-weight="bold">Mortality and Expense Charge
("M&E"):</fo:inline>
- The current and guaranteed maximum charges are described
- in the Table of Charges of the Confidential Private Placement
- Memorandum for <xsl:value-of select="$scalars/PolicyMktgName"/>
- <fo:inline vertical-align="super" font-size="7pt">SM</fo:inline>.
- </fo:block>
- <fo:block padding-top="1em">
- <fo:inline font-weight="bold">Administrative Charge:</fo:inline>
- <xsl:value-of select="$scalars/InterestDisclaimer"/>
- </fo:block>
- <fo:block padding-top="1em">
- <fo:inline font-weight="bold">Asset Based Distribution
Charge:</fo:inline>
- The current and guaranteed charges are equal to annual negotiated
- asset based compensation, if any.
- </fo:block>
- <fo:block padding-top="1em">
- <fo:inline font-weight="bold">Withdrawals:</fo:inline>
- Withdrawals are taxed to the extent of any gain in the contract.
- In some cases, an additional 10% federal income tax penalty
- will apply to the taxable portion of the withdrawal.
- This illustration does not reflect the tax consequences
- of withdrawals.
- </fo:block>
- <fo:block padding-top="1em">
- <fo:inline font-weight="bold">Illiquid Sub-Accounts:</fo:inline>
- We have also made available under the Contract the ability
- to allocate purchase payments and Contract Value to sub-accounts
- that will provide for investment in certain alternative
- investments including hedge funds. Because of the liquidity
- restrictions imposed by these alternative investment funds,
- these sub-accounts are referred to in the Contract
- and in the private placement memorandum as illiquid sub-accounts.
- Contract owners must understand, and be willing to bear, the
risks
- associated with such investments. If Contract Value is allocated
- to illiquid sub-accounts, the Owner will not be able to transfer
- Contract Value or effect a withdrawal or surrender
- of the Contract until specified dates. Refer to the Confidential
- Private Placement Memorandum for details.
- </fo:block>
- <fo:block font-weight="bold" padding-top="1em">
- Note: Please refer to the Contract for complete explanation
- of benefits, rights and obligations. In the event of a conflict
- between the illustration and the Contract, the terms
- of the Contract will control.
- </fo:block>
- </fo:block>
- </fo:flow>
-
- </fo:page-sequence>
-
- <!-- Explanation and Footnotes page 2 -->
-
- <fo:page-sequence master-reference="explanation-and-footnotes-2">
-
- <fo:static-content flow-name="xsl-region-before">
- <xsl:call-template name="standard-header">
- <xsl:with-param name="logo_only" select="0"/>
- </xsl:call-template>
- <fo:block font-weight="bold" font-size="11pt"
font-family="sans-serif" text-align="center" padding-top=".8em">
- Explanation and Footnotes
- </fo:block>
- </fo:static-content>
-
- <fo:static-content flow-name="xsl-region-after">
- <xsl:call-template name="standard-footer">
- <xsl:with-param name="displaypagenumber" select="1"/>
- </xsl:call-template>
- </fo:static-content>
-
- <fo:flow flow-name="xsl-region-body">
- <fo:block font-weight="normal" font-size="9pt"
font-family="sans-serif" text-align="left">
- <fo:block font-size="10.0pt" font-weight="bold" padding-top="2em"
text-decoration="underline">
- Column Definitions
- </fo:block>
- <fo:block padding-top="1em">
- <fo:inline font-weight="bold">Year:</fo:inline>
- The annual period beginning on the hypothetical Contract
- issue date.
- </fo:block>
- <fo:block padding-top="1em">
- <fo:inline font-weight="bold">Purchase Payment:</fo:inline>
- A payment made by or on behalf of a Contract Owner during
- the Accumulation Period of the Contract.
- </fo:block>
- <fo:block padding-top="1em">
- <fo:inline font-weight="bold">Purchase Payment
Charges:</fo:inline>
- The sum of the negotiated Purchase Payment Distribution Charge
- and Purchase Payment Expense Charge, if any, and state premium
tax
- charged on an upfront basis, if any.
- </fo:block>
- <fo:block padding-top="1em">
- <fo:inline font-weight="bold">Withdrawal(s):</fo:inline>
- The dollar amount redeemed from the Contract. Withdrawals
- are reflected at the beginning of each year.
- </fo:block>
- <fo:block padding-top="1em">
- <fo:inline font-weight="bold">Monthly Charges:</fo:inline>
- The annual M&E charge and administrative charge, plus
- any asset based distribution charge, which is subject
- to negotiation prior to contract issuance, deducted from
- Contract Value.
- </fo:block>
- <fo:block padding-top="1em">
- <fo:inline font-weight="bold">Investment Experience:</fo:inline>
- The annual investment income credited to the Contract
- sub-accounts using the hypothetical Net Rate of Return.
- </fo:block>
- <fo:block padding-top="1em">
- <fo:inline font-weight="bold">End of Year Contract
Value:</fo:inline>
- The value of the Contract sub-account(s) after applying
- any Purchase Payments (less Purchase Payment Charges),
- deducting any Withdrawals and crediting annual
- hypothetical Investment Experience.
- </fo:block>
- <fo:block padding-top="1em">
- <fo:inline font-weight="bold">Cumulative Contract Value
IRR:</fo:inline>
- The Contract Value Internal Rate of Return ("IRR")
- is an interest rate at which the Net Purchase Payment
demonstrated
- would have to be invested outside the Contract to generate
- the Contract Value. The IRR is illustrative only and does
- not predict future results.
- </fo:block>
- </fo:block>
-
- <!-- Certification Statements -->
-
- <fo:block font-weight="bold" font-size="11pt"
font-family="sans-serif" text-align="center" padding-top="2em">
- Certification Statements
- </fo:block>
- <fo:block font-weight="normal" font-size="9pt"
font-family="sans-serif" text-align="left" padding-top="1em">
- <fo:block padding-top="1em">
- CONTRACT OWNER / APPLICANT
- </fo:block>
- <fo:block padding-bottom="1em">
- I have received a copy of this illustration, and I understand
- that any non-guaranteed charges illustrated are subject
- to change and could be either higher or lower. Additionally,
- I have been informed by my agent that these values
- are not guaranteed.
- </fo:block>
- <fo:block text-decoration="overline" padding="2em">
- CONTRACT OWNER OR APPLICANT SIGNATURE
- <fo:inline
text-decoration="no-overline"> </fo:inline>DATE
-
- </fo:block>
- <fo:block padding-top="2em">
- AGENT / AUTHORIZED REPRESENTATIVE
- </fo:block>
- <fo:block padding-bottom="1em">
- I certify that this illustration has been presented
- to the applicant, and that I have explained that any
- non-guaranteed charges illustrated are subject to change. I have
- made no statements that are inconsistent with the illustration.
- </fo:block>
- <fo:block text-decoration="overline" padding="2em">
- AGENT OR AUTHORIZED REPRESENTATIVE
-
- <fo:inline
text-decoration="no-overline"> </fo:inline>DATE
-
- </fo:block>
- </fo:block>
- <xsl:if test="not($has_supplemental_report)">
- <fo:block id="endofdoc"/>
- </xsl:if>
- </fo:flow>
-
- </fo:page-sequence>
-
- <!-- Supplemental Report -->
-
- <xsl:if test="$has_supplemental_report">
- <fo:page-sequence master-reference="supplemental-report">
-
- <!-- Define the contents of the header. -->
- <fo:static-content flow-name="xsl-region-before">
- <xsl:call-template name="standard-header">
- <xsl:with-param name="logo_only" select="0"/>
- </xsl:call-template>
- <xsl:call-template name="scalar-header">
- <xsl:with-param name="basis" select="NoBasis"/>
- </xsl:call-template>
- <fo:block text-align="center" border-bottom="1pt solid black">
- <fo:block padding="2.5pt 0" font-weight="bold" font-size="13pt"
font-family="sans-serif">
- SUPPLEMENTAL REPORT
- </fo:block>
- </fo:block>
- <xsl:call-template name="dollar-units"/>
- </fo:static-content>
-
- <!-- Define the contents of the footer. -->
- <fo:static-content flow-name="xsl-region-after">
- <xsl:call-template name="standard-footer">
- <xsl:with-param name="displaypagenumber" select="1"/>
- </xsl:call-template>
- </fo:static-content>
-
- <!-- Supplemental report body -->
- <xsl:call-template name="supplemental-report-body"/>
- </fo:page-sequence>
- </xsl:if>
-
- </fo:root>
- </xsl:template>
-
- <xsl:template name="standard-header">
- <xsl:param name="logo_only"/>
- <fo:block padding-after="2.5pt">
- <fo:table table-layout="fixed" width="100%" font-weight="bold"
font-size="13.0pt" font-family="sans-serif">
- <fo:table-column column-width="50mm"/>
- <fo:table-column column-width="90mm"/>
- <fo:table-column column-width="50mm"/>
- <fo:table-body>
- <fo:table-row>
- <fo:table-cell>
- <fo:block text-align="left">
- <xsl:call-template name="company-logo"/>
- </fo:block>
- </fo:table-cell>
- <fo:table-cell>
- <fo:block/>
- </fo:table-cell>
- <fo:table-cell>
- <fo:block/>
- </fo:table-cell>
- </fo:table-row>
- </fo:table-body>
- </fo:table>
- </fo:block>
- <xsl:if test="not($logo_only)">
- <fo:block font-weight="bold" font-size="14pt" font-family="sans-serif"
text-align="center" padding-top="1em">
- <xsl:value-of select="$scalars/PolicyMktgName"/>
- <fo:inline vertical-align="super" font-size="7pt">SM</fo:inline>
- </fo:block>
- <fo:block font-weight="normal" font-size="11pt" font-family="sans-serif"
text-align="center" border-bottom="1pt solid black" padding-bottom="8.0pt">
- <xsl:value-of select="$scalars/PolicyLegalName"/>
- </fo:block>
- </xsl:if>
- </xsl:template>
-
- <xsl:template name="scalar-header">
- <xsl:param name="basis"/>
- <fo:table table-layout="fixed" width="100%" padding="2.5pt 0"
font-weight="normal" font-size="9.5pt" font-family="sans-serif"
border-bottom="1pt solid black">
- <fo:table-column column-width="135mm"/>
- <fo:table-column column-width="55mm"/>
- <fo:table-body>
- <fo:table-row>
- <fo:table-cell padding-right="10mm">
- <fo:block text-align="left">
- Prepared for:
- <!--
- Properly adjust for long user input strings: limit output
- to 140 characters for approximately two lines.
- -->
- <xsl:call-template name="limitstring">
- <xsl:with-param name="length" select="140"/>
- <xsl:with-param name="passString">
- <xsl:choose>
- <xsl:when test="not($is_composite)">
- <xsl:value-of select="$scalars/Insured1"/>
- </xsl:when>
- <xsl:otherwise>
- <xsl:value-of select="$scalars/CorpName"/>
- </xsl:otherwise>
- </xsl:choose>
- </xsl:with-param>
- </xsl:call-template>
- </fo:block>
- <xsl:if test="not($is_composite)">
- <fo:block text-align="left">
- Annuitant Age at Issue: <xsl:value-of select="$scalars/Age"/>
- </fo:block>
- </xsl:if>
- <xsl:call-template
name="print-mastercontractnumber-and-contractnumber"/>
- </fo:table-cell>
- <fo:table-cell text-align="left">
- <fo:block>
- Issue State: <xsl:value-of select="$scalars/StatePostalAbbrev"/>
- </fo:block>
- <xsl:choose>
- <xsl:when test="($basis='Current') or ($basis='CurrentZero') or
($basis='Guaranteed') or ($basis='GuaranteedZero')">
- <fo:block>
- Net Rate of Return:
- <xsl:value-of
select="$scalars/*[name()=concat('InitAnnSepAcctNetInt_', $basis)]"/>
- </fo:block>
- </xsl:when>
- <xsl:when test="$basis='NoBasis'"/>
- </xsl:choose>
- </fo:table-cell>
- </fo:table-row>
- </fo:table-body>
- </fo:table>
- </xsl:template>
-
- <xsl:template name="titles">
- <xsl:param name="basis"/>
- <fo:block font-weight="bold" font-size="13pt" font-family="sans-serif"
text-align="center" padding-top=".5em">
- HYPOTHETICAL ILLUSTRATION
- </fo:block>
- <fo:block font-weight="bold" font-size="11.0pt" font-family="sans-serif"
text-align="center" border-bottom="1pt solid black" padding-after="2.5pt">
- Accumulation Phase -
- <xsl:choose>
- <xsl:when test="($basis='Current') or ($basis='CurrentZero')">
- Current Charges
- </xsl:when>
- <xsl:when test="($basis='Guaranteed') or ($basis='GuaranteedZero')">
- Guaranteed Charges
- </xsl:when>
- <xsl:when test="$basis='NoBasis'"/>
- </xsl:choose>
- </fo:block>
- </xsl:template>
-
- <xsl:template name="illustration-table">
- <xsl:param name="basis"/>
- <xsl:param name="basis-lapse-year"/>
- <fo:table table-layout="fixed" width="100%" font-weight="normal"
font-size="9pt" font-family="serif">
- <xsl:variable name="column-values-columns">
- <column name="PolicyYear">Year</column>
- <column name="GrossPmt">Purchase _Payment</column>
- <column special="SpecialPmt">Purchase _Payment _Charges</column>
- <column name="NetWD">Withdrawal(s)</column>
- <column name="SepAcctCharges_Current">Monthly _Charges</column>
- <column special="SpecialGrossIntCredited">Investment
_Experience</column>
- <column special="SpecialAcctVal">End of Year _Contract Value</column>
- <column special="SpecialIrrCsv">Cumulative _Contract Value
_IRR</column>
- </xsl:variable>
- <xsl:variable name="columns"
select="document('')//xsl:address@hidden'column-values-columns']/column"/>
-
- <xsl:call-template name="generate-table-columns">
- <xsl:with-param name="columns" select="$columns"/>
- </xsl:call-template>
-
- <fo:table-header>
- <xsl:call-template name="generate-table-headers">
- <xsl:with-param name="columns" select="$columns"/>
- </xsl:call-template>
- </fo:table-header>
-
- <fo:table-body>
- <xsl:call-template name="generate-table-values">
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- <xsl:with-param name="inforceyear" select="0 -
$scalars/InforceYear"/>
- <xsl:with-param name="special-param" select="$basis"/>
- </xsl:call-template>
- </fo:table-body>
- </fo:table>
- </xsl:template>
-
- <xsl:template name="get-special-column-value">
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- <xsl:param name="special-param"/>
- <xsl:variable name="basis" select="$special-param"/>
- <xsl:variable name="name_suffix" select="concat('_', $basis)"/>
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- <xsl:variable name="NetPmt" select="address@hidden('NetPmt',
$name_suffix)]/duration[$counter]/@column_value"/>
- <xsl:value-of
select="format-number(translate($GrossPmt,$numberswc,$numberswoc) -
translate($NetPmt,$numberswc,$numberswoc), '###,###,###')"/>
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- <xsl:when test="$special='SpecialGrossIntCredited'">
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- <xsl:value-of select="address@hidden('IrrCsv',
$name_suffix)]/duration[$counter]/@column_value"/>
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- <xsl:otherwise>
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- </xsl:template>
-
- <xsl:template name="standard-footer">
- <xsl:param name="basis"/>
- <xsl:param name="displaypagenumber"/>
- <fo:block font-size="8.5pt" font-family="sans-serif" text-align="left">
- <fo:block padding-after="1em">
- <xsl:choose>
- <xsl:when test="($basis='Current') or ($basis='CurrentZero')">
- Contract values are net of CURRENT monthly charges which
- are not guaranteed. See the Explanation and Footnotes
- for important Contract information.
- </xsl:when>
- <xsl:when test="($basis='Guaranteed') or ($basis='GuaranteedZero')">
- Contract values are net of GUARANTEED monthly charges.
- See the Explanation and Footnotes for important Contract information.
- </xsl:when>
- <xsl:otherwise>
- <fo:block padding=".5em"/>
- </xsl:otherwise>
- </xsl:choose>
- </fo:block>
- <fo:block padding="1em 0 .5em" border-top="1pt solid blue">
- This illustration is not complete unless all pages as noted below
- are included.
- </fo:block>
- <fo:table table-layout="fixed" width="100%" font-size="9pt">
- <fo:table-column column-width="proportional-column-width(1)"/>
- <fo:table-column column-width="proportional-column-width(1)"/>
- <fo:table-column column-width="proportional-column-width(1)"/>
- <fo:table-body>
- <fo:table-row>
- <fo:table-cell text-align="left" display-align="after">
- <fo:block>
- Date Prepared: <xsl:call-template name="date-prepared"/>
- </fo:block>
- </fo:table-cell>
- <fo:table-cell text-align="center" display-align="after">
- <fo:block>
- <xsl:if test="$displaypagenumber=1">
- <xsl:call-template name="page-of"/>
- </xsl:if>
- </fo:block>
- </fo:table-cell>
- <fo:table-cell text-align="right" display-align="after">
- <fo:block>
- <xsl:if test="$compliance_tracking_number">
- <fo:block>
- <xsl:value-of select="$compliance_tracking_number"/>
- </fo:block>
- </xsl:if>
- <xsl:if test="$scalars/LmiVersion!=''">
- <fo:block>
- System Version: <xsl:value-of select="$scalars/LmiVersion"/>
- </fo:block>
- </xsl:if>
- </fo:block>
- </fo:table-cell>
- </fo:table-row>
- </fo:table-body>
- </fo:table>
- </fo:block>
- </xsl:template>
-
- <xsl:template name="get-basis-lapse-year">
- <xsl:param name="basis"/>
- <xsl:choose>
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- </xsl:when>
- <xsl:otherwise>
- <xsl:call-template name="ERROR_Unknown_basis_value"/>
- </xsl:otherwise>
- </xsl:choose>
- </xsl:template>
-
-</xsl:stylesheet>