1 Current Rates are what Everly offers as of May 1, 2025, are subject to change, but will never be less than the stated Guaranteed Rate. When applying the Cap or Participation Rate, if the Annual Point-to-Point change in the index is 0% or negative, we will never credit the maturing segment less than 0%.

2 Guaranteed Rates for each allocation option are guaranteed for the life of the policy (once issued) and will not change.

3 Effective Date for the Holding Account and Fixed Account means the rate will apply for any policies issued on that date going forward and is set for 1-year. For the Cap and Participation Rate accounts, this is the next Transfer Date for when money from the Holding Account may be allocated to each account. Once a new index segment is created, it holds the current rate for the duration of the segment term (1- year).

4 The "S&P 500® Index" is a product of S&P Dow Jones Indices LLC or its affiliates (“SPDJI”) and has been licensed for use by Everly Life Insurance Company (“Everly”). S&P®, S&P 500®, US 500, The 500, iBoxx®, iTraxx® and CDX® are trademarks of S&P Global, Inc. or its affiliates (“S&P”); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by Everly. Everly’s index universal life 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.

Regardless of your payment pattern, Policy Charges will continue to be assessed. Therefore, depending on actual results of your payments, actual index account performance and interest earned, and Policy Charges, you may need to increase your payment to prevent the policy from lapsing. Although you won’t lose money due to a negative index performance, your cash value can decrease due to policy charges.