Death Benefit Feature

The Death Benefit Rider waives surrender charges on lump-sum payments in the event of the annuitant’s death. It is required for all owners aged 86–90, except in California and Florida, where it is automatically included at no additional cost. In Nebraska, the beneficiary will receive no less than the original premium paid, regardless of whether the rider is elected. The cost of the rider is a 0.35% annual reduction in the credited interest rate.