Basic Death Benefit - Option Package II

Available during accumulation phase. Upon death of owner or annuitant, benefit will be greatest of - 1) standard death benefit, 2) contract value, or 3) Annual Ratchet Death Benefit. Standard Death Benefit equals total purchase payments, reduced for withdrawals. Annual Ratchet Enhanced Death Benefit equals highest contract value on each contract anniversary, prior to age 90, increased by new purchase payments made and premium credits, reduced for withdrawals. Owner may transfer from one option package to another on each contract anniversary.