American Life Insurance Company(ALICO) (A part of MetLife)

MetLife’s story began in 1921 in Shanghai, China. The company grew steadily in the early
decades, moving its headquarters to Wilmington, Delaware in the late 1960s. In 1972 we
became the first foreign life insurance company licensed to sell in Japan, the first step towards
becoming a household name. We were well-placed to establish new operations in Central and
Eastern Europe in the late 1980s when the political and economic environment in the region
changed dramatically. Expansion in Latin America, the Middle East and a liberalized European
Union followed, and that growth story continues today.

In March 2010, the latest chapter in our history unfolded when it was announced that our
company would combine with MetLife. That acquisition completed in November 2010, creating
one global company, meeting the needs of some 90 million customers in over 60 countries.

Global Footprint:

We are the world’s largest platform for the distribution of savings and insurance products. Over eight
decades the number of countries in which we have Alico operations has grown to 54 and we hold top
five positions in the majority of these markets.

We have a long history of responding to local and regional change by establishing successful
operations in new markets

Alico is now part of the MetLife family - The MetLife companies provide protection, savings and
retirement solutions to 90 million customers in over 60 countries.

American Income Life Insurance Company Privacy Policy

American Income Life Insurance Company cares about protecting its policyholders' privacy. In the
process of providing the products and services you requested, we will collect, use and share certain
information you provided. The Privacy Policy explains what information we collect and how we use that
information. The policy also explains how we protect the security and confidentiality of your
information.

Insurance for Individuals

Many individuals and their financial planners consider life insurance as the cornerstone of
their financial plan. While the main purpose of life insurance is to help take care of your
family in the event of your death, policies can also serve other purposes including:
  providing funds to pay final expenses
 creating an inheritance for your heirs

 making charitable contributions in the event of your death

 creating a source of tax-deferred savings1

Term and Permanent

Term life insurance provides coverage for a fixed period of time and typically may be
renewed after the initial contract term expires. Term insurance is typically the least
expensive and simplest type of coverage, but does not provide savings. The premiums are
lowest when you are young and increase upon renewal as you age. American General Life
Companies (American General) insurers sell Term Insurance for one, five, 10, 15, 20 or 30
years and AG Select-a-Term which gives you a choice of 10-, 12-, or 15- through 30-year
terms of life insurance coverage.

Permanent life insurance provides coverage for an indefinite period of time. Whole life
insurance premiums remain at a fixed level for the duration of the policy while universal life
offers flexible premiums. Over time, the policy generally builds up cash value on a tax-
deferred basis. American General insurance companies sell four different types of
permanent insurance:

 Universal Life
 Index Universal Life

 Variable Universal Life

 Whole Life

Based on current federal income tax laws.

The underwriting risks, financial obligations and support functions associated with the
products issued by American General Life Insurance Company (AGL) and The United States
Life Insurance Company in the City of New York (USL) are the issuing insurer's responsibility.
American General Life Companies, www.americangeneral.com, is the marketing name for
the insurance companies and affiliates comprising the domestic life operations of American
International Group, Inc., including American General Life and United States Life. United
States Life is authorized to conduct insurance business in the state of New York. Policies and
riders not available in all states.
Strategy

The strength is the identification of real customer need in emerging financial services markets
and the confident and timely delivery of tailored products and services to meet this need. They
have created an adaptable business model that enables us to grow quickly across a wide range
of market segments under a variety of economic, social and political conditions.

long-term presence in many markets has allowed us to build strong relationships with insurance
regulators across the globe.

These relationships have led to our involvement in the development of insurance regulation in
many markets, providing access to unique growth opportunities.The breadth of our product
offerings, our access to new markets, and the reach of our distribution channels are unmatched
by any other insurance company and help assure our continued sustainable growth.

Product Innovation

Tailored innovation is at the heart of our product development. Our product portfolio includes
a comprehensive range of core insurance and savings offerings, but we believe that one size
does not fit all.

Combined global experience and local expertise, enables anticipation of market and customer
needs, driving locally tailored solutions and creative product combinations.

Agents & Advisors

Developing a best-in-class proprietary salesforce has made us market leader in agency

distribution. Our agents are recognized for their professionalism, and their commitment to
understanding customer needs before discussing product solutions is a key differentiator.

Agents have the flexibility to address individual market needs differently and work within an
integrated strategy that incorporates brokers, and a range of other marketing channels. The
scale and scope of our distribution network gives us unparalleled access to a broad customer
base.

Schemes and offerings:

Health Insurance

The best care as quickly as possible, that is what our health insurance offers. With protection
against loss of earnings and flexible levels of care there’s a package that’s right for everyone.
Life Insurance

Maintaining the standard of living of a partner or family after a death is a core customer need.
Taking care of a mortgage, covering day-to-day expenses, protecting a child’s education,
looking after a partner’s retirement; we have the life insurance product to take care of what’s
most important.

Savings

Our selection of savings plans help people act today to achieve the lifestyle they really want
tomorrow. We help our customers finance the bigger things in life.

Accident Insurance

Our accident insurance products give customers one less thing to worry about, should the
unthinkable happen. Flexible levels of cover, cash payouts, treatment expenses, specialist
equipment; we cover all eventualities.

Retirement Planning

Having the money as well as the time to spend on the important things is what our pension and
savings products are about. We help our customers plan ahead for a financially secure
retirement and enjoy the best years of their lives.

OVER
 Jiban Bima Corporation
The Jiban Bima Corporation (JBC) is the lone state-owned life Insurance company in
Bangladesh, which started its maiden journey on May 14,1973 with assets and liabilities worth
TK. 15.70 crore (157 million) of defunt 37 life Insurance companies. Since its inception, JBC is
working among the people of Bangladesh with two basic objectives: firstly, to cover the risks
and raise savings habits among the people and secondly, create funds for the country’s
economic development through innovative life insurance schemes.

Meanwhile, the life fund of Jiban Bima Corporation has shot up to Tk.9.89 billion (year 2008 ),
the highest in industry which was only Tk. 213 million in 1973. JBC has paid Tk.15 billion against
various claims, the highest such payments in the country’s life Insurance business. The JBC’s
investment has reached Tk.9.1 billion from only Tk 197 million in 1973. The JBC has the largest
network all over the country with 6 regional, 10 zonal, 64 sales and 400 branch offices.

Vision 2020
Having the largest network all over the country, and having a high operational cost, the JBC is
facing a stiff competition in the insurance market from the private sector companies. Options
for fresh investment in the money and capital market is facing a set back mainly due to interest
rate cut in recent days. Many private sector insurance companies are also offering newer and
competitive products in the market.

To face this competition, the JBC has drawn a six-year business plan (from 2004 to 2010) with a
view to completely revamping the business strategy of the corporation as well as to expand the
corporation's clientele base in both the domestic and overseas market. In line with this business
plan, the JBC would soon launch Jiban Bima Bank Ltd., Jiban Bima Housing Finance and
Investment Limited as well as Jiban Bima Foundation with equity share from the public, private
sector participation and Foreign Direct Investment (FDI). The corporation will also explore
newer avenues for investment in the insurance products of JBC by the approximately 6.5 million
Bangladeshis living abroad. To this end, the Corporation is going to offer a number of newer
products and services that will be more attractive to this potential clientele group

Existing Schemes of JBC:

Serial No Schemes

1 Anticipated Endowment Insurance With Profit Plan-05

2 Anticipated Endowment Insurance Without Profit Plan-25

3 Child Endowment Insurance Without Profit Plan-47

4 Child Protection Policy With Profits Plan-09

5 Double Protection Insurance With Profit Plan-10

6 Endowment Assurance With Profit Plan-03

7 Endowment Assurance Without Profit Plan-23

8 Grameen Jiban Bima With Profit Plan-91

9 Granted Bonus Endowment Insurance Plan-48

10 Group Endowment Assurance

11 Group Term Insurance

12 Joint Life Endowment Insurance With Profit Plan-08

13 Marriage Endowment Policy Plan-07

14 Money Back Term Insurance Policy Plan-50 (Without Profit)

15 Multiple Payment Policy With Profit Plan-06

16 Pension Policy Plan-12

17 Progressive Premium Policy With ProfitPlan-04

18 Single Premium with Profit Plan-17

19 Swanirber Bima (Single Premium Policy) Plan-52

20 Term Insurance Without Profit Plan-51

21 Whole Life Assurance With Profits Plan-01

22 Whole Life Assurance Without Profits Plan-21

 23 Overseas Assurance Plan With Profit

24 Mortgrage Protection Policy Without Profit

25 Monthly Saving Scheme With Profit

26 Monthly Saving Scheme Without Profit

27 Triple Protection Policy

New Schemes:
JBC has made an extensive study and reviewed the existing 22 schemes for the greater interest of its
policyholders. With the changing circumstances of global economy, existing schemes need adjustment,
modification, up-gradation to make our schemes compatible in the market it observed. JBC, therefore,
plans to introduce 8 new schemes by the year 2010, which in addition of accelerating our business
would greatly help poverty reduction and support economic development of the country.

 Year Opening New Schemes

2004 i.  Special Endowment for Rural and low Income
Group People
ii. Double & Triple Protection Scheme
2005 i. Granted Bonus Scheme
2006-
Five schemes are now under Market Survey
2010

Business Performance (2004-2008):

Year
Serial Sectors
No. 2004 2005 2006 2007 2008 Provisional
1 First year Premium 552.8 618.9 535.2 539.9 754.3
2 Renewal Premium 1123.6 1284.4 1553.0 1964.6 2105.3
3 Group Insurance Premium 100.6 133.2 145.3 132.2 131.6
Income from Investment
4 667.5 624.5 630.4 715.4 608.5
and other sources
Total Income 2444.5 2661.0 2863.9 3352.1 3599.7
 Income (Taka in Million)

Bonus Information

Bonuses per TK. 1000 sum assured

Year Term Whole Anticipated Endowment Group

life
1993- Whole life & Whole life Limited 40.00
1994 Pay Policies 12.00 14.00 16.00
Term up to 15 years 20.00 22.00 22.00
Term over 15 years and up to 20 25.00 30.00 25.00
years
Term over 20 years
1995- Whole life & Whole life Limited 45.00
1996 Pay Policies 12.00 15.00 15.00
Term up to 15 years 20.00 25.00 25.00
Term over 15 years and up to 20 25.00 35.00 35.00
years
Term over 20 years
1997- Whole life & Whole life Limited 50.00
1998 Pay Policies 12.00 17.00 17.00
Term up to 15 years 24.00 30.00 30.00
Term over 15 years and up to 20 30.00 40.00 40.00
years
Term over 20 years
1999- Whole life & Whole life Limited 55.00
2000 Pay Policies 17.00 17.00 17.00
Term up to 10 years 25.00 25.00 17.00
Term over 11 years and up to 15 50.00 50.00 35.00
years
Term over 15 years
2001- Whole life & Whole life Limited 60.00
2002 Pay Policies 20.00 20.00 20.00
Term up to 10 years 30.00 30.00 20.00
Term over 11 years and up to 15 50.00 50.00 35.00
years
Term over 15 years
2003- Whole life & Whole life Limited 60.00
2004 Pay Policies 20.00 20.00 20.00
Term up to 10 years 30.00 30.00 20.00
Term over 11 years and up to 15 50.00 50.00 35.00
years
 Term over 15 years

Claim Payment Statement Performance (Since 1973-2008)

OVER