Basic Death Benefit

Available during accumulation phase. If owner or annuitant dies prior to age 84, benefit will be greatest of - 1) contract value, 2) total purchase payments adjusted for withdrawals, or 3) death benefit that would be payable at end of previous 6-year period, increased by purchase payments and reduced by withdrawals made since that date or contract value. If owner or annuitant dies after age 85, benefit will be equal to contract value. Benefit will be equal to surrender value upon death of owner who is not annuitant.