Return of Purchase Payments Death Benefit

Available during accumulation phase. Upon death of owner, benefit will be greater of - 1) Unadjusted Account Value; and 2) return of purchase payments amount. Initially return of purchase payments amount is equal to sum of all adjusted purchase payments; thereafter, increased by subsequent purchase payments and reduced for withdrawals. Issuer imposes a charge of 0.17% of Premium Based Plus 0.18% of Account Value. Premium Based Charge is deducted quarterly and Account Value charge is deducted daily. For CA, the Owner, if a natural person, must also be the Annuitant. owner may not designate Joint Owners if elect this optional death benefit.