MAV Plus Death Benefit

Available during accumulation phase. Upon death of owner or annuitant, benefit will be greatest of -1) contract value, 2) net purchase payments and 3) greatest contract value on any contract anniversary prior to owner or annuitant's 81st birthday. Issuer will add 40% of the contract gain (25% if Owner or Annuitant's age is 70 or older) to any death benefit payable under contract. Contract gain is contract value reduced by purchase payments, surrenders and any applicable taxes. If total purchase payments adjusted for withdrawals exceed contract value no earnings benefit will be paid. Benefit can never be more than 200% of purchase payments. Withdrawals will reduce benefit base by dollar amount basis for any portion of withdrawals within a contract year up to 10% of aggregate purchase payments. Any withdrawal that causes cumulative withdrawal during the contract year to exceed 10% of purchase payments, the adjustment is dollar amount of the withdrawal that does not exceed 10% of purchase payments, and adjustment for the remaining portion is a factor applied to portion of Premium Payments that exceed 10% of purchase payments.