Standard Death Benefit

Available during the accumulation phase. if owner or annuitant is age 75 or younger at issue, upon death benefit will be greater of -1) contract value, 2) total purchase payments adjusted for withdrawals, or 3) Stepped-Up Death Benefit. Stepped-Up Death Benefit is 1) the largest death benefit on any Contract anniversary that is both an exact multiple of five and occurs prior to the oldest Owner attaining age 76, plus (2) any Purchase Payments made since the applicable fifth year anniversary, less (3) any reductions by previous withdrawals since the applicable fifth year anniversary and If owner or annuitant is age 76 or older at issue, upon death benefit will be the greater of all Purchase Payments less any withdrawals, or the Contract ValueFor state FL, the death benefit, regardless of the age at issue, is greater of - 1) contract value, 2) total purchase payments adjusted for withdrawals.