Enhanced Death Benefit

Available during accumulation phase, upon the death, beneficiary may elect to receive Enhanced Death Benefit in place of the Basic Death Benefit available under the base contract. The beneficiary may choose to receive the Enhanced DB as either lump-sum payment or as a series of equal payments over a period of 5 years. In lump-sum EDB amount will be equal to the BAV on the date of death, multiplied by the EDB lump-sum payout percentage of 75%. In series of equal payments over a period of 5 years, EDB amount will be equal to the BAV on the date of death, multiplied by the EDB payout percentage of 100%. EDB is limited to the greater of 1) 125% of Surrender value under the contract; or 2) Purchase payments less any withdrawals, accumulated at 10% annual effective rate; not to exceed 250% of all premiums received less withdrawals.