Enhanced Guaranteed Minimum Death Benefit - Protection Package

At the death of the owner (or the annuitant if the owner is a non-natural person), beneficiary can choose to receive either 1) payments taken over time - 5 years (10 years for owner age at issue 71 or older); this option can be selected at issue in states ID, NC and VT, or 2) Lump Sum payment. Benefit under the payout option, is the greater of a) the initial premium, plus any applicable bonus; or b) the initial premium, growing with 10.00% compound interest up to the earliest of i) 10 years, ii) age 85 on death of the owner, or iii) beginning of the withdrawal period. Benefit under the lump sum option, is the greatest of a) the account value, including the fully vested premium bonus, b) minimum guaranteed surrender value, or c) Initial premium only, plus any premium bonus thereon, growing with 5% simple interest up to 10 years or until age 85, whichever comes first. Rider cannot be elected if Enhancement Package has been elected.