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Variable Annuity
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Nirmala
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National Security Life and Annuity Company
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ARDBR (2009)
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Death Benefit
Benefit Name
Internal Benefit Name
Inception Date
Closed Date
Rider Select Rule
Default
Mandatory
Optional
Based On Life
Annuitant
Owner
Owner (or Annuitant if owner is a natural entity)
Owner (or Annuitant if owner is a non-natural person)
Owner and Annuitant
Min Age
Max Age
Waiting Period
Waiting Term
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Age
Contract year
Days
Months
Years
Version Begin Date
Maximum Benefit Base
Maximum Benefit Base %
With Reduce Benefit Base
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Dollar for Dollar
Proportionally
DTCC Rider ID
Notes
Version Note
Benefit Description
Benefit is only available in conjunction with GMIB Plus with Annual Reset (2009). Upon death of annuitant, benefit will be greater of - 1) contract value, or 2) GMDB amount. GMDB amount is equal to - 1) earnings base, or 2) step-up base. Initial earnings base is total purchase payments made within three months after contract issue. Earnings base is adjusted for withdrawals and increased by 1) additional purchase payments made and 2) increase for each valuation period, until annuitant's age 85, at 5% annually for values in variable portfolios or in one of asset allocation models. Beginning 30 days from rider issue, withdrawals less than or equal to 5% earning base (ARDBR withdrawal amount) will reduce earnings base by dollar amount. Any withdrawals taken in first 30 days and withdrawals that are in excess of ARDBR withdrawal amount will reduce earnings base in same proportion. Earnings base can never be more than 15 times of purchase payments adjusted for withdrawals. Step-up base equals initial purchase payments at rider issue, thereafter will increase automatically on each contract anniversary, until annuitant's age 85, if contract value is higher than step-up base, increased by subsequent purchase payment made and adjusted for withdrawals in same proportion. Annuitant may elect to reset the benefit base equal to contract value by resetting GMIB Plus with Annual Reset. Please see prospectus for details.
Other Info
Cancellation
Benefit may automatically terminate under certain conditions.
Termination
Benefit will automatically terminate upon termination of GMIB Plus with Annual Reset (2009).
Available When Added
No longer available for new purchases.
Effect Change Ownership
Contact Issuer for details.
Exclude Premium Bonus
Terminated
Single Life
Joint Life
Spousal Continuation Option
Spousal Continuation Option
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