Income Rider Death Benefit

Before activating lifetime income under the GLB rider, the Death Benefit is greater of the 1) Daily Benefit Base or 2) premiums less withdrawals multiplied by the Income Base Floor percentage of 10%. For states AK, CT, HI, MD, MN, MO, NV, NH, NJ, OH, OK, OR, PA, SC, TX, UT, VA, WA, the Death benefit prior to activating the lifetime income withdrawals is greater of the 1) 125% of the Cash Surrender Value; and 2) lesser of the a) premiums less withdrawals, accumulated at 10% annually; or b) premiums less withdrawals multiplied by 250%.
On or after activating lifetime income under the GLB rider, the Death Benefit payment is greater of the 1) Daily Benefit Base multiplied by a factor that accounts for lifetime income withdrawals, or 2) the Income Base Floor percentage of 10% multiplied by the premium less withdrawals.
Daily Benefit Base is equal to the Income Base plus Income Credits that have not been credited to the annuity.