Annual Ratchet Enhanced Death Benefit

Available during accumulation phase. Upon death of owner, benefit will be greater of - 1) basic death benefit, or 2) Annual Ratchet Minimum Guaranteed Death Benefit. Basic death benefit will be greatest of - 1) contract value, 2) surrender value, or 3) Standard Minimum Guaranteed Death Benefit. Standard MGDB equals total purchase payment plus premium credits, applied before 12 months of death, adjusted for withdrawals. Annual Ratchet Minimum Guaranteed Death Benefit equals highest contract value on any contract anniversary, prior to owner's age 90, plus premium credits applied within 12 months prior to death, adjusted for withdrawals.