Earnings Protector and Greater of Annual Step-Up and 5% Rollup Death Benefit

Available during accumulation phase. Upon death of annuitant, benefit will be greatest of - 1) purchase payments adjusted for withdrawals and tax; 2) Contract Value; 3) Annual Step-Up Death Benefit; 4) 5% Rollup Death Benefit; or 5) Earnings Protector Death Benefit. Annual Step-Up Death Benefit equals initial purchase payment at issue, thereafter reset on each contract anniversary, until later of - 1) 5th contract anniversary; or 2) contract anniversary next following annuitant's 80th birthday. At each reset date, benefit base equals greater of - 1) contract value; or 2) benefit base on last reset date, plus purchase payments made, less withdrawals. Issuer will step-up death benefit until age 85 (if age at issue - 81 or older). 5% Rollup Death Benefit equals initial purchase payment at issue, thereafter benefit base is lesser of - 1) 200% of purchase payments, or 2) Rollup Death Benefit, compounded at 5% annually, adjusted for withdrawals and taxes. Earnings Protector Death Benefit equals 40% earnings percentage (25% if owner ages between 71 or older) to any death benefit payable under contract reduced by total purchase payments adjusted for withdrawal and applicable charges. Earnings are defined as contract value at death less total purchase payments adjusted for withdrawals on dollar-for-dollar basis and can never be more than 70% of adjusted purchase payments, if annuitant's age at issue is 70 or younger and 25% of adjusted purchase payments, if Annuitant's age at issue is 71 or older.