Greater of Death Benefit

Available during accumulation phase. Upon death of owner, benefit will be greater of - 1) Roll-up to age 85, or 2) Highest Anniversary Value. Annual Ratchet benefit base equals - 1) purchase payments allocated to Protection with Investment Performance variable investment options plus amounts transferred to Protection with Investment Performance variable investment options, or 2) highest Protection with Investment Performance variable investment account value on any contract anniversary, until age 86, adjusted for any transfer or contribution to Protection with Investment Performance variable investment options. Roll-up benefit base equals - 1) purchase payments allocated to Protection with Investment Performance variable investment options plus amounts transferred to Protection with Investment Performance variable investment options and annual roll-up amount reduced for withdrawals plus any Deferral bonus Roll-up amount or Annual Roll-up amount. The Annual Roll-up rate is used to calculate amounts credited to your Roll-up to age 85 benefit base for the contract year in which the first withdrawal is made from Protection with Investment Performance account and all subsequent contract years. This rate is calculated using the Ten-Year Treasuries Rate Formula. A different Roll-up rate is used to calculate amounts credited to Roll-up to age 85 benefit base in the contract years prior to the first withdrawal from Protection with Investment Performance account the Deferral bonus Roll-up rate. The Deferral bonus Roll-up rate is used to calculate amounts credited to Roll-up to age 85 benefit base through the end of the contract year that precedes the contract year in which the first withdrawal is made from Protection with Investment Performance account. Annual Roll-up rates and Deferral bonus Roll-up applicable at the time of contract issue will be applicable for the first two contract years, starting with the third contract year, a new Annual Roll-up rate will apply to the contract.