Exhibit 12
Modifed Defined Benefit - Universal Life Policy
Name: Bill Davis, 50-year-old Male Preferred Non-Smoker
Simulated Policy Performance
Fluctuating 5.5% Average Interest Crediting
Policy	EOY		Interest	Cash	Benchmark	Death
Year	Age	Premium	Crediting	Value	CV	Benefit
11				89,733		1,000,000
12	62	20,906	5.69%	110,222	108,905	1,000,000
13	63	20,906	5.94%	131,734	128,460	1,001,317
14	64	20,906	5.69%	153,682	148,426	1,003,275
15	65	20,906	5.19%	175,356	168,640	1,005,256
16	66	20,906	4.94%	196,723	188,825	1,006,716
17	67	20,906	4.69%	217,717	209,035	1,007,898
18	68	20,906	4.44%	238,284	229,344	1,008,682
19	69	20,906	4.19%	258,370	249,827	1,008,940
20	70	20,906	4.19%	278,611	270,556	1,008,543
21	71	20,906	4.44%	300,516	292,287	1,008,055
22	72	20,906	4.69%	323,291	314,077	1,008,230
23	73	20,906	4.94%	347,075	335,911	1,009,214
24	74	20,906	5.19%	372,021	357,772	1,011,163
25	75	20,906	5.69%	399,268	379,624	1,014,249
26	76	20,906	6.19%	429,194	401,417	1,019,644
27	77	20,906	6.69%	462,233	423,101	1,027,777
28	78	20,906	7.19%	498,883	444,612	1,039,132
29	79	20,906	7.69%	539,732	465,876	1,054,271
30	80	20,906	8.19%	585,503	486,835	1,073,856
31	81	20,906	9.19%	640,106	507,437	1,098,668
32	82	20,906	8.19%	692,355	527,636	1,132,668
33	83	20,906	7.19%	740,700	547,646	1,164,720
34	84	20,906	6.19%	783,806	567,527	1,193,054
35	85	20,906	5.69%	824,438	587,371	1,216,280
36	86	20,906	5.19%	862,157	607,153	1,237,068
37	87	20,906	4.94%	898,611	626,904	1,255,004
38	88	20,906	4.69%	933,716	646,679	1,271,708
39	89	20,906	4.19%	964,923	666,581	1,287,038
40	90	20,906	3.94%	994,126	686,808	1,298,342
41	91	20,906	3.69%	1,021,417	707,574	1,307,319
42	92	20,906	3.69%	1,049,156	728,911	1,313,843
43	93	20,906	4.19%	1,083,432	751,332	1,320,245
44	94	20,906	4.69%	1,125,909	775,254	1,332,100
45	95	20,906	5.19%	1,178,133	801,247	1,350,655
46	96	20,906	5.44%	1,239,047	830,096	1,376,886
47	97	20,906	5.69%	1,310,135	862,783	1,408,951
48	98	20,906	5.44%	1,387,035	900,663	1,447,351
49	99	20,906	5.44%	1,473,889	945,509	1,486,372
50	100	20,906	5.69%	1,577,512	999,704	1,528,380
11/19/01