Highest Anniversary Value Death Benefit

Available during accumulation phase. Upon death of owner, benefit will be greatest of - 1) protected benefit account value, 2) benefit base. Benefit base is equal to - 1) highest anniversay value, or 2) initial contribution and any subsequent contributions to the protected benefit account variable investment options, either directly or through a special DCA program; plus 3) any amounts contributed to a special DCA program that are designated for future transfers to the protected benefit account variable investment options; plus 4) any amounts transferred to the protected benefit account variable investment options, less 5) deduction that reflects any withdrawals you make from the protected benefit account variable investment options or from amounts in a special DCA program designated for the protected benefit account variable investment options. Highest Anniversary Value equal to highest anniversary value benefit base. At any time after a withdrawal, highest anniversary value benefit base is equal to one of the following - 1) highest anniversary value benefit base immediately following the most recent withdrawal, or 2) highest protected benefit account value on any contract date anniversary after the withdrawal up to the contract date anniversary following the owner's 85th birthday. Highest Anniversary Value Death Benefit is available in connection with Protected Benefit account value only.