Annual Stepped Up Death Benefit

Available during accumulation phase. Upon death of owner, benefit will be greatest of - 1) contract value, 2) total purchase payments adjusted for withdrawals, or 3) Stepped Up Death Benefit. Stepped Up Death Benefit is equal to highest contract value calculated on any contract anniversary, prior to owner's 81st birthday, increased by purchase payments and reduced for withdrawals made after reset date. Please see prospectus for details.