Annual Ratchet Death Benefit

Available during accumulation phase. Upon death of owner, benefit will be greater of - 1) total purchase payments allocated to guaranteed benefit variable investment options plus amounts transferred to guaranteed benefit variable investment options, or 2) highest guaranteed benefit account value on any contract anniversary, prior to owner's 86th birthday adjusted for any transfer and purchase payments made to guaranteed benefit variable investment options. Owner must participate in Asset Allocation Program. If Guaranteed benefit is funded after contract issue, benefit may be cancelled after the later of: 1) expiration of any withdrawal charges in effect under the contract, or 2) contract date anniversary following the first transfer or contribution to the Guaranteed benefit variable investment options.