Diversifying premium allocations across multiple indexed interest crediting options in a fixed indexed universal life (FIUL) policy can help reduce risks. Using a single crediting option carries the risk that it may credit the minimum interest rate for as often as one-third of crediting periods. However, diversifying across options with varying performance in different market conditions can potentially smooth growth over time by reducing chances of minimum interest. While no option will always perform best, diversifying may help policyholders avoid missing out on potential interest from strongly performing options in any given year.

1. For financial professional use only. Not for use with the general public. ADV 3840 (04-2023)
Page 1 of 7 Fidelity & Guaranty Life Insurance Company 23-0258
Does diversification apply to life insurance?
Yes, diversifying your allocations within a fixed indexed universal life
(FIUL) policy may help reduce minimum-interest crediting periods
Diversification may not be the first thing that comes to mind when you think about life insurance, but it has a place when it comes to deciding
where you allocate your premium dollars among the available crediting options in an FIUL policy.
Whether your clients are considering the innovative Barclays Trailblazer Sectors 5 Index, the S&P 500®
Index or one of our other indexed interest
crediting options, selecting more than one option could:
‹ Help reduce your chances for minimum interest in any given crediting period
‹ Offer the potential for steadier growth over time
Read on to learn how it works in an F&G Pathsetter®
FIUL policy.

2. For financial professional use only. Not for use with the general public. ADV 3840 (04-2023)
Page 2 of 7 Fidelity & Guaranty Life Insurance Company 23-0258
Volatility can make year-to-year
performance unpredictable
While past performance of an index or an FIUL cannot guarantee
future performance, it can offer us perspective.
For example, in an analysis of F&G Pathsetter FIUL policies purchased
monthly from 1/1/17, to 1/1/22 (assuming actual historical interest
credited 1/1/2018 to 1/1/23), policyowners who allocated their funds
to a single index crediting option would have seen average annual
interest credits between 10.00% and 34.65%.
During that same period,
the highest average annual
interest credited for each of
the available crediting methods
ranged from 13.50% to 28.41%.
But, since some of the indexes
lost value at times, they also would have credited the guaranteed
minimum interest rate of 0.25% as often as one-third of the time.
If your goal is to reduce the risk of
minimum interest rate periods for your
clients, diversification could help.
Allocating your clients’ premiums among
multiple index allocation options and
crediting methods, you could potentially
smooth the policy’s growth year-over-year.
No one crediting method will perform best in all market conditions.
This information reflects the performance of the underlying index
assuming dividends are not included.
Next, we will expand beyond the historical five-year performance
of the actual index allocation options (shown above) to include
hypothetical historical performance, too.
Index allocation options will react differently
in various markets
Different indexes and different crediting methods are going to perform
differently depending on multiple factors. These can include the
economic environment and financial markets among other things.
Actual interest earned will also depend upon the specific date of
purchase, changing caps, spreads and/or participation rates, and any
loans or withdrawals taken.
Looking at the chart below, you can see that the crediting method
producing the highest interest credits may change from year to year.
Each indexed interest crediting method is assigned its own color, and
each column represents a year. The performance data shown is ranked
from top to bottom, best to worst.
While Barclays might have had a strong run with compelling growth
from 2010 to 2019 (it went live in 2015), it still may have seen down
years during that stretch.
Pick only one option for the long term, and there’s a chance your
clients could miss out on some potential interest.
This information is for informational purposes only. Past performance
(hypothetical and historical) may not be used to predict or project
future policy performance. This information reflects the performance
of the underlying index assuming dividends are not included. The
minimum guaranteed interest rate that policyowners could have
received in all years was 0.25%.
1
Percentages were calculated by looking at the actual interest credits that applied in each of the 60 months during the five-year period and dividing the number of minimum-interest periods by 60.
6.32-9.67%
Historical average annual interest
credits with a single crediting option
21-33%1
The historical changes
of minimum interest
crediting periods with a
single crediting option
Note that this information reflects average interest credits only, and actual performance over this time period varied, sometimes widely, among actual policyholders. Actual
performance would have varied by purchase date as well as the specific percentage of premiums allocated to each individual crediting option. In addition, while diversification
seeks to manage volatility, it cannot ensure a profit or guarantee against market index losses. However, in years when there were index losses, policy owners were guaranteed a
minimum interest rate of 0.25% each year.

3. For financial professional use only. Not for use with the general public. ADV 3840 (04-2023)
Page 3 of 7 Fidelity & Guaranty Life Insurance Company 23-0258
Hypothetical historical performance 2005-2022
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022
Annual PtP
+ Cap +
High Par
7.57%
Annual PtP
+ Cap
12.00%
Ann PtP
+ Cap +
Bonus
2.32%
Ann PtP
+ Cap +
Bonus
1.25%
Annual
PtP + Cap
12.00%
Barclays
Annual
PtP + Par
+ Bonus
11.76%
Barclays
Annual
PtP + Par
+ Bonus
15.91%
Barclays
Annual
PtP + Par
+ Bonus
14.06%
1-Year
Monthly
PtP + Cap
18.08%
Barclays
Annual
PtP + Par
+ Bonus
21.75%
Ann PtP
+ Cap +
High Par
3.78%
Barclays
Annual
PtP + Par
+ Bonus
11.24%
Barclays
Annual
PtP + Par
+ Bonus
18.84%
Ann PtP
+ Cap +
Bonus
1.25%
Barclays
Annual
PtP + Par
+ Bonus
23.89%
Annual
PtP + Cap
12.00%
1-Year
Monthly
PtP + Cap
22.55%
Ann PtP
+ Cap +
Bonus
1.25%
Ann PtP
+ Cap +
Bonus
6.41%
1-Year
Monthly
PtP + Cap
11.77%
Ann PtP
+ Cap +
High Par
1.85%
Barclays
Annual
PtP + Par
+ Bonus
1.25%
1-Year
Monthly
PtP + Cap
11.83%
Annual
PtP + Cap
11.49%
Ann PtP
+ Cap +
Bonus
1.25%
1-Year
Monthly
PtP + Cap
12.68%
Annual
PtP + Cap
12.00%
Annual
PtP + Cap
11.37%
Ann PtP
+ Cap +
Bonus
3.70%
Annual
PtP + Cap
10.70%
1-Year
Monthly
PtP + Cap
16.72%
Barclays
Annual
PtP + Par
+ Bonus
1.25%
1-Year
Monthly
PtP + Cap
19.31%
Ann PtP
+ Cap +
Bonus
10.00%
Annual
PtP + Cap
12.00%
Barclays
Annual
PtP + Par
+ Bonus
1.25%
1-Year
Monthly
PtP + Cap
5.65%
Ann PtP
+ Cap +
Bonus
10.00%
Annual
PtP + Cap
1.32%
Annual
PtP + Cap
0.25%
Ann PtP
+ Cap +
Bonus
10.00%
Ann PtP
+ Cap +
Bonus
10.00%
Annual
PtP + Cap
0.25%
Annual
PtP + Cap
12.00%
Ann PtP
+ Cap +
Bonus
10.00%
Ann PtP
+ Cap +
Bonus
10.00%
Annual
PtP + Cap
2.70%
Ann PtP
+ Cap +
Bonus
10.00%
Annual
PtP + Cap
12.00%
Annual
PtP + Cap
0.25%
Annual
PtP + Cap
12.00%
Ann PtP
+ Cap +
High Par
9.50%
Ann PtP
+ Cap +
Bonus
10.00%
Annual
PtP + Cap
0.25%
Annual
PtP + Cap
5.41%
Ann PtP
+ Cap +
High Par
9.50%
Barclays
Annual
PtP + Par
+ Bonus
1.25%
Ann PtP
+ Cap +
High Par
0.25%
Ann PtP
+ Cap +
High Par
9.50%
Ann PtP
+ Cap +
High Par
9.50%
Ann PtP
+ Cap +
High Par
0.25%
Ann PtP
+ Cap +
Bonus
10.00%
Barclays
Annual
PtP + Par
+ Bonus
9.74%
Ann PtP
+ Cap +
High Par
9.50%
1-Year
Monthly
PtP + Cap
1.66%
Ann PtP
+ Cap +
High Par
9.50%
Ann PtP
+ Cap +
Bonus
10.00%
Ann PtP
+ Cap +
High Par
0.25%
Ann PtP
+ Cap +
Bonus
10.00%
1-Year
Monthly
PtP + Cap
4.06%
Ann PtP
+ Cap +
High Par
9.50%
Ann PtP
+ Cap +
High Par
0.25%
Barclays
Annual
PtP + Par
+ Bonus
0.26%
Barclays
Annual
PtP + Par
+ Bonus
7.37%
1-Year
Monthly
PtP + Cap
0.25%
1-Year
Monthly
PtP + Cap
0.25%
Barclays
Annual
PtP + Par
+ Bonus
4.86%
1-Year
Monthly
PtP + Cap
8.56%
1-Year
Monthly
PtP + Cap
0.25%
Ann PtP
+ Cap +
High Par
9.50%
Ann PtP
+ Cap +
High Par
9.50%
1-Year
Monthly
PtP + Cap
6.00%
Barclays
Annual
PtP + Par
+ Bonus
1.25%
1-Year
Monthly
PtP + Cap
8.27%
Ann PtP
+ Cap +
High Par
9.50%
1-Year
Monthly
PtP + Cap
0.25%
Ann PtP
+ Cap +
High Par
9.50%
Barclays
Annual
PtP + Par
+ Bonus
1.25%
Barclays
Annual
PtP + Par
+ Bonus
5.49%
1-Year
Monthly
PtP + Cap
0.25%
This chart shows the hypothetical historical performance of the index allocation options offered in the F&G Pathsetter FIUL assuming purchase dates of 1/1/2004 through 1/1/2022.
This data reflects the caps, spreads and/or participation rates as noted, which are hypothetical in nature, remain static throughout this time period, and are not guaranteed.
This scenario is unlikely to occur so actual interest crediting rates would have varied. Bonus interest included in these figures are as explained on page 6. Some performance
figures predate the availability of F&G Pathsetter FIUL, which was first available for purchase on 10/9/19.
In addition, the Barclays Trailblazer Sectors 5 Index was not available until 11/30/2015. Rates used in the analysis are those available as of 3/31/23, including for years before the
product or index may have been available.
BETTER
WORSE
S&P 500 Annual Point-to-Point
with Cap and High Par
S&P 500 One-Year Monthly
Point-to-Point with Cap
S&P 500 Annual Point-to-Point
with Cap
S&P 500 Annual Point-to-Point
with Cap and Bonus
Barclays Annual Point-to-Point
with Par and Bonus

4. Product: F&G Pathsetter
State: TX
Male, Age 37, Nontobacco
Summary of Coverages
Prepared for:
Sal Varvaro
Face Amount: $248,779
Death Benefit Option: B switching to A
in year 29
Initial Premium: $1,000.00 Monthly
Riders: OPR CIR TIR CHR
Interest Crediting Options
The current values in this illustration assume an overall crediting rate of 7.23% which is the weighted average of the assumed
rates for each Account. The illustrated value for each Account Value segment may be capped at the benchmark rate.
S&P 500® One-Year Monthly PtP w/CAP
S&P 500® One-Year Annual PtP With 140%
PAR w/ CAP
S&P 500® Annual PtP With 100% PAR With
1.00% Bonus
S&P 500® One-Year Annual PtP With 100%
PAR w/ CAP
100%
0%
0%
0%
Interest Crediting Options
Allocation
Minimum
Lookback
Average
Maximum
Lookback
Average
Current
Cap/Spread
Rate
Maximum
Illustrated
Rate
4.50%
3.79%
4.39%
3.36%
9.02%
7.24%
8.15%
9.09%
12.00%
9.00%
¹
Barclays Trailblazer Sectors 5 Annual PtP
With a Spread And a 170% PAR With 1.00%
Bonus
Fixed Rate
0%
0%
7.69%
N/A
14.84%
N/A
0.00%
N/A
¹
¹
9.50%
Bonus
Amount
Year 1
Bonus
Amount
Year 2+
7.23%
5.83%
6.40%
6.27%
5.84%
4.75%
N/A N/A
0.00% 1.00%
N/A N/A
N/A N/A
0.00% 1.00%
N/A N/A
100%
3.50%
¹ This rate is less than or equal to the average performance of the S&P 500® Index from all of the 25 year rolling periods over the last 65 years
when subjected to the current CAP Rates noted above and a 0.25% minimum.
This is an illustration only, not an offer, contract, or promise of future policy performance. Coverage is subject to the terms and conditions of the policy.
This illustration is not valid without all 20 pages.
23-36.2.0.0
Page 7 of 20
Agent: Please fill in name
June 20, 2023 ADV 2324 (Nov-2019) 19-1334 Form number: LPI-2003(1-19), ICC19-2003(1-19)

5. Product: F&G Pathsetter
State: TX
Male, Age 37, Nontobacco
Summary of Coverages
Prepared for:
Sal Varvaro
Face Amount: $248,779
Death Benefit Option: B switching to A
in year 29
Initial Premium: $1,000.00 Monthly
Riders: OPR CIR TIR CHR
Historical Performance Summary
The index account rates shown in this illustration are subject to a maximum regulatory rate, which is
based on the Benchmark Index Account as defined in Actuarial Guideline 49.A. The maximum
regulatory rate is the lesser of the 1) Benchmark Index Account average from all of the 25 year
rolling periods over the last 65 years when subject to the current CAP rates, PAR rates and Spread
rates, and 2) 145% of F&G's portfolio rate less investment expense and default risk. The maximum
illustrated rate for all non-Benchmark Index Accounts, as defined in the update to Actuarial
Guideline 49.A, is the supplemental hedge budget of the non-Benchmark Index Account plus the
maximum regulatory rate multiplied by the ratio of the hedge budgets of the non- Benchmark Index
Account and the Benchmark Index account.
The following table shows the actual historical index price changes and corresponding hypothetical index
account increases using the guaranteed minimum rates and the current index CAP Rates, PAR rates and
Spread rates for the most recent 20-year period.
S&P 500®
Index
S&P 500®
Annual Point to
Point 100% PAR
w/ 9.00% CAP
and 1% Bonus
S&P 500®
Monthly Point
to Point
with
3.50 % CAP
End Year
Start Year
Barclays
Trailblazer
Sectors 5
Index
Barclays Annual
Point to Point
170% PAR with
0.00% Spread
and 1% Bonus
S&P 500®
Annual Point
to Point 140%
PAR with
9.50% CAP
S&P 500®
Annual Point
to Point 100%
PAR with
12.00% CAP
12/15/2002 12/15/2003 N/A
10.80%
17.32% 12.00% 9.50% N/A
9.00%
12/15/2003 12/15/2004 N/A
5.96%
12.89% 12.00% 9.50% N/A
9.00%
12/15/2004 12/15/2005 0.18%
5.64%
5.41% 5.41% 7.57% 0.31%
5.41%
12/15/2005 12/15/2006 4.39%
11.05%
12.29% 12.00% 9.50% 7.47%
9.00%
12/15/2006 12/15/2007 -0.51%
0.25%
1.32% 1.32% 1.85% 0.25%
1.32%
12/15/2007 12/15/2008 -5.60%
0.25%
-39.93% 0.25% 0.25% 0.25%
0.25%
12/15/2008 12/15/2009 2.66%
9.21%
27.56% 12.00% 9.50% 4.53%
9.00%
12/15/2009 12/15/2010 7.42%
6.56%
11.49% 11.49% 9.50% 12.61%
9.00%
12/15/2010 12/15/2011 10.28%
0.25%
-1.58% 0.25% 0.25% 17.48%
0.25%
12/15/2011 12/15/2012 9.01%
10.06%
17.65% 12.00% 9.50% 15.31%
9.00%
12/15/2012 12/15/2013 6.02%
17.08%
24.90% 12.00% 9.50% 10.24%
9.00%
12/15/2013 12/15/2014 14.31%
5.42%
11.37% 11.37% 9.50% 24.32%
9.00%
12/15/2014 12/15/2015 -3.97%
1.16%
2.70% 2.70% 3.78% 0.25%
2.70%
12/15/2015 12/15/2016 7.06%
7.03%
10.70% 10.70% 9.50% 12.00%
9.00%
12/15/2016 12/15/2017 12.30%
16.13%
18.29% 12.00% 9.50% 20.91%
9.00%
12/15/2017 12/15/2018 -7.53%
0.25%
-4.85% 0.25% 0.25% 0.25%
0.25%
12/15/2018 12/15/2019 15.78%
17.31%
25.35% 12.00% 9.50% 26.83%
9.00%
12/15/2019 12/15/2020 -0.11%
1.56%
15.77% 12.00% 9.50% 0.25%
9.00%
12/15/2020 12/15/2021 3.09%
21.05%
27.48% 12.00% 9.50% 5.26%
9.00%
12/15/2021 12/15/2022 -7.03%
0.25%
-17.29% 0.25% 0.25% 0.25%
0.25%
10.54%
10 Year Average 9.61%
3.67%
8.44%
7.01%
6.55%
8.41%
7.54%
20 Year Average N/A
N/A
7.17%
6.81%
6.30%
8.08%
This is an illustration only, not an offer, contract, or promise of future policy performance. Coverage is subject to the terms and conditions of the policy.
This illustration is not valid without all 20 pages.
23-36.2.0.0
Page 18 of 20
Agent: Please fill in name
June 20, 2023 ADV 2324 (Nov-2019) 19-1334 Form number: LPI-2003(1-19), ICC19-2003(1-19)

6. For financial professional use only. Not for use with the general public. ADV 3840 (04-2023)
Page 4 of 7 Fidelity & Guaranty Life Insurance Company 23-0258
Historical average annual interest rate
79%
Annual PtP with Cap
8.66%
70%
9.67%
Monthly PtP with Cap
Bonus strategies
Historical average annual interest rate
79%
S&P Annual PtP with Cap and Bonus
7.39%
67%
6.32%
Barclays Annual PtP with Par and Bonus
79%
Annual PtP with Cap and High Par
6.98%
S&P 500®
Index strategies
without a bonus
Putting those lessons into practice
Returning to the actual performance data available since the F&G Pathsetter FIUL was first available, let’s look closer at how it breaks down.
Looking at policies purchased monthly from 1/1/17 to 1/1/2022 (assuming actual historical returns with interest credited 1/1/18 to 1/1/23), we
reviewed the average annual interest credits of standalone asset allocations with different potential combinations that are available. This data
reflects the performance of the underlying index assuming dividends are not included.
Actual performance varied by purchase date as well as the specific percentage of premiums allocated to each individual crediting option. In these examples, the performance
information assumes an even split among each allocation option referenced.
% of crediting periods with interest
credits greater than the 0.25% minimum2
% of crediting periods with interest
credits greater than the 0.25% minimum2
2
Percentages were calculated by looking at the actual interest credits that applied in each of the 60 months during the five-year period and dividing the number of minimum-interest periods by 60.
These charts are for illustrative purposes only. Past performance does not guarantee future results. These charts assume a policy is purchased monthly from January 2017 to January 2022.
Interest credited January 2018 to January 2023.
S&P 500 Annual Point-to-Point
with Cap and High Par
S&P 500 One-Year Monthly
Point-to-Point with Cap
S&P 500 Annual Point-to-Point
with Cap
S&P 500 Annual Point-to-Point
with Cap and Bonus
Barclays Annual Point-to-Point
with Par and Bonus

7. For financial professional use only. Not for use with the general public. ADV 3840 (04-2023)
Page 5 of 7 Fidelity & Guaranty Life Insurance Company 23-0258
Diversify with just one additional strategy
Maybe you’re not sold on the idea of diversification. Here’s what a combination featuring just two of the allocation options available on Pathsetter
would have delivered.
Historical average annual interest rate
82%
6.86%
S&P Annual PtP with Cap and Bonus
+
Barclays Annual PtP with Par and Bonus
82%
7.49%
S&P Annual PtP with Cap
+
Barclays Annual PtP with Par and Bonus
% of crediting periods with interest
credits greater than the 0.25% minimum3
Other possible combinations
Historical average annual interest rate
82%
7.46%
S&P Annual PtP with Cap with and without Bonus
+
Barclays Annual PtP with Par and Bonus
82%
7.34%
Everything but
Monthly PtP
82%
Even allocation amongst
all the options
7.81%
% of crediting periods with interest
credits greater than the 0.25% minimum3
3
Percentages were calculated by looking at the actual interest credits that applied in each of the 60 months during the five-year period and dividing the number of minimum-interest periods by 60.
These charts are for illustrative purposes only. Past performance does not guarantee future results. These charts assume a policy is purchased monthly from January 2017 to January 2022.
Interest credited January 2018 to January 2023.
S&P 500 Annual Point-to-Point
with Cap and High Par
S&P 500 One-Year Monthly
Point-to-Point with Cap
S&P 500 Annual Point-to-Point
with Cap
S&P 500 Annual Point-to-Point
with Cap and Bonus
Barclays Annual Point-to-Point
with Par and Bonus

8. For financial professional use only. Not for use with the general public. ADV 3840 (04-2023)
Page 6 of 7 Fidelity & Guaranty Life Insurance Company 23-0258
While most competitors are talking about avoiding zeroes, you’ll always earn interest with F&G Pathsetter
All of our FIULs provide minimum guaranteed interest of 0.25% annually.
That may not seem like much, but over time, that guaranteed growth can add up.
For select index options, Pathsetter also offers up to a 1.00% annual bonus starting in year 2.
And, if you keep your contract for more than 10 years, an additional 0.25% persistency bonus
can contribute to your guaranteed interest in years 11+.
Experience the potential benefits of diversification within an FIUL
The well-worn advice to not put all of your eggs in one basket has stuck around all these years
— for good reason.
As you can see, diversification in an FIUL could make a real difference. Thanks to the wide and
ever-growing variety of index options and crediting methods we offer, you can find a number of
valuable diversification possibilities available for your clients.
For more details on Pathsetter or the value of diversification
within our products, talk to your wholesaler or contact us
today at Life.Sales@fglife.com.
Potential annual bonuses
Year 1 0.25%
Years 2-10
1.25%
1.25%
1.25%
1.25%
1.25%
1.25%
1.25%
1.25%
1.25%
Years 11+ 1.50%

9. For financial professional use only. Not for use with the general public. ADV 3840 (04-2023)
Page 7 of 7 Fidelity & Guaranty Life Insurance Company 23-0258
“F&G” is the marketing name for Fidelity & Guaranty Life Insurance Company issuing insurance in the
United States outside of New York. Life insurance and annuities issued by Fidelity & Guaranty Life
Insurance Company, Des Moines, IA.
Guarantees are based on the claims paying ability of the issuing insurer, Fidelity & Guaranty Life
Insurance Company, Des Moines, IA. Fidelity & Guaranty Life Insurance Company offers a diverse
portfolio of life insurance policies. Before purchasing, consider your ability to pay the premiums, your
financial situation, and alternatives available to you. Visit us at fglife.com for more information, and
consult a financial or insurance professional who can help you determine the alternatives for your
goals and needs.
Information provided regarding tax or estate planning should not be considered tax or legal advice.
Consult your own tax professional or attorney regarding your unique situation.
It is important to note that when the declared participation rate is greater than 100% and the index change
percentage at the end of the index term period is 0 or negative, no index interest credits will be applied to
the account value. In those years, only the 0.25% minimum guaranteed interest will be credited.
Form numbers: ICC19-2003 (1-19), LPI-2003 (1-19), ICC19-2003 (1-19) P, LPI-2003 (1-19) P, ICC18-
LPI1061 (06-18), ICC12-LPI1060 (07-12) ADB, LRI-3016 (05-12), ICC17 LRI-1116, 16-LRI-1114,
17-LRI-1115, ICC16- LRI-1114, ICC17 LRI-1115, ICC19-LRI-2010 (01-19), LRI-2010 (01-19), ICC19-
LRI-2015 (1-19), LRI-2015 (1-19), ICC19-LRI-2016 (1-19), LRI-201 6 (1-19), ICC11-LRI1005 (10-11),
LRI-102 6(10-11), ICC19 LRI2011 (4-19), LRI2011 (4-19), ICC19-LRI2012 (3-19), LRI2012 (3-19),
ICC19-LRI2013 (2-19), LRI2013 (2-19), ICC11-LRI1002 (10-11), LRI-1023 (10-11), ICC11-LRI1014
(10-11), LRI-1035 (8-19), ICC18-LRI1066 (06-18), LRI-1066 (06-18), ICC20- LRI-2028 (1-20), LRI-2028
(1-20), ICC20-LRI-2026(01-20), LRI-2026(1-20), ICC20-LRI-2027(01-20), LRI-2027(01-20).
F&G Pathsetter is subject to state availability. Certain restrictions may apply. Optional provisions and
riders have limitations, restrictions and additional charges. Riders may be subject to underwriting
requirements.
When allocating account value into the indexed interest accounts, it’s important to understand how
these accounts are managed. Fidelity & Guaranty Life Insurance Company places money into the
indexed interest account up to twelve times per year on the 15th of every month (or the first business
day thereafter).
Diversification cannot ensure a profit or guarantee against losses. No one crediting option will perform
best in all market conditions.
Indexed interest rates are subject to a cap, spread and/or participation rate. Caps, spreads and
participation rates are subject to change at the discretion of Fidelity & Guaranty Life Insurance
Company. Interest rates are subject to change.
Surrenders, withdrawals and loans will reduce available death benefit and may be subject to surrender
charges. Surrenders and withdrawals beyond basis may be taxable income and subject to penalties if
taken prior to age 59 ½. Excessive and unpaid loans will reduce policy values and may cause the policy
to lapse. In order to receive favorable tax treatments on distributions made during the lifetime of the
insured (including loans), a life insurance policy must satisfy a 7-pay premium limitation during the first
seven policy years. A new 7-year limitation will be imposed after certain policy changes. Failure to satisfy
this limitation would cause your policy to be considered a Modified Endowment Contract (MEC).
Issuance of the life insurance policy depends in part on answers to health questions in the application.
Even though contract values may be affected by external indexes, the life insurance contract is not
an investment in the stock market and does not participate in any stock, bond, or equity investments.
Indexed growth rates are subject to caps, participation rates and/or spreads, which may change at the
discretion of Fidelity & Guaranty Life Insurance Company.
It is important to note that when the declared participation rate is greater than 100% and the index
change percentage at the end of the index term period is 0 or negative, no index interest credits will
be applied to the account value. Please see the SOU for a detailed explanation. In those years, only
the 0.25% minimum guaranteed interest will be credited.
The “S&P 500 Index” is a product of S&P Dow Jones Indices LLC, a division of S&P Global, or its
affiliates (“SPDJI”) and has been licensed for use by Fidelity & Guaranty Life Insurance Company.
Standard & Poor’s®
and S&P®
are registered trademarks of Standard & Poor’s Financial Services LLC,
a division of S&P Global (“S&P”); Dow Jones®
is a registered trademark of Dow Jones Trademark
Holdings LLC (“Dow Jones”); These trademarks have been licensed for use by SPDJI and sublicensed
for certain purposes by Fidelity & Guaranty Life Insurance Company. This life insurance product is not
sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates, and
none of such parties make any representation regarding the advisability of investing in such product(s)
nor do they have any liability for any errors, omissions, or interruptions of the S&P 500 Index.
S&P Dow Jones Indices does not guarantee the adequacy, accuracy, timeliness and/or the
completeness of the DJ US Real Estate Daily Risk Control 10% USD Total Return Index or any data
related thereto or any communication, including but not limited to, oral or written communication
(including electronic communications) with respect thereto. S&P Dow Jones Indices shall not be
subject to any damages or liability for any errors, omissions, or delays therein. S&P Dow Jones Indices
makes no express or implied warranties, and expressly disclaims all warranties, or merchantability
or fitness for a particular purpose or use or as to results to be obtained by Fidelity & Guaranty Life
Insurance Company, owners of Fidelity & Guaranty Life Insurance Company’s products, or any other
person or entity from the use of the DJ US Real Estate Daily Risk Control 10% USD Total Return
Index or with respect to any data related thereto. Without limiting any of the foregoing, in no event
whatsoever shall S&P Dow Jones Indices be liable for any indirect, special, incidental, punitive,
or consequential damages including but not limited to, loss of profits, trading losses, lost time or
goodwill, even if they have been advised of the possibility of such damages, whether in contract, tort,
strict liability, or otherwise. There are no third-party beneficiaries of any agreements or arrangements
between S&P Dow Jones Indices and Fidelity & Guaranty Life Insurance Company, other than the
licensors of S&P Dow Jones Indices.
Volatility control seeks to provide smoother returns and mitigate sharp market fluctuations. While this
type of strategy can lessen the impact of market downturns, it can also lessen the impact of market
upturns, potentially limiting upside potential.
It is important to note that when the declared participation rate is greater than 100% and the index
change percentage at the end of the index term period is 0 or negative, no index interest credits will
be applied to the account value. In those years, only the 0.25% minimum guaranteed interest will be
credited.
Barclays Bank PLC and its affiliates (“Barclays”) is not the issuer or producer of Fixed Indexed Universal
Life Insurance and Barclays has no responsibilities, obligations or duties to contract owners of Fixed
Indexed Universal Life Insurance. The Index is a trademark owned by Barclays Bank PLC and licensed
for use by Fidelity & Guaranty Life Insurance Company as the Issuer of Fixed Indexed Universal Life
Insurance. Additionally, Fidelity & Guaranty Life Insurance Company as Issuer of Fixed Indexed Universal
Life Insurance may for itself execute transaction(s) with Barclays in or relating to the Index in connection
with Fixed Indexed Universal Life Insurance. Contract owners acquire Fixed Indexed Universal Life
Insurance from Fidelity & Guaranty Life Insurance Company and contract owners neither acquire any
interest in Index nor enter into any relationship of any kind whatsoever with Barclays upon making an
investment in Fixed Indexed Universal Life Insurance. Fixed Indexed Universal Life Insurance is not
sponsored, endorsed, sold or promoted by Barclays and Barclays makes no representation regarding
the advisability of Fixed Indexed Universal Life Insurance or use of the Index or any data included
therein. Barclays shall not be liable in any way to the Issuer, contract owners or to other third parties in
respect of the use or accuracy of the Index or any data included therein.
Volatility control seeks to provide smoother returns and mitigate sharp market fluctuations. While this
type of strategy can lessen the impact of market downturns, it can also lessen the impact of market
upturns, potentially limiting upside potential.
For more information about Barclays Trailblazer Sectors 5 index see http://trailblazer.barclays.com.