● Terminated

LifeGuard Freedom Flex DB

Jackson National Life Insurance Company

Edit

DTCC ID —

COMPANY Jackson National Life Insurance Company

TYPE Variable Annuity

INCEPTION Jan 12, 2015

Identity

Benefit name

LifeGuard Freedom Flex DB

Internal benefit name

LifeGuard Freedom Flex DB

Company

Jackson National Life Insurance Company

Product policy type

Variable Annuity

Status

● Terminated

Sequence

Inception date

Jan 12, 2015

Closed date

Jul 10, 2016

DTCC Rider ID

—

Last modified

May 20, 2025

Life & Age

Based on life

Owner

Single life

Joint life

Min age

—

Max age

—

Rider select rule

Optional

Waiting period

—

Waiting term

—

Benefit Base

Maximum benefit base

—

Maximum benefit base %

—

With reduce benefit base

—

Subsequent premium

Subsequent purchase payment will increase benefit base by dollar-for-dollar amount.

Partial withdrawals

Withdrawals less than or equal to GAWA will not reduce GMWB death benefit, and in same proportion by excess withdrawal. Living benefit will reduce benefit base by dollar amount for portion of withdrawal not defined as excess withdrawal and in same proportion by excess withdrawal.

Required min distributions

None.

Coverage Flags

Exclude premium bonus

Spousal continuation option

Yes

Spousal continuation detail

Surviving spouse may elect to continue benefit after death of owner.

State Availability

Exception flag

Available in states

—

Benefit Description

Benefit is only available in conjunction with LifeGuard Freedom Flex - 6% Bonus and Annual Step-Up GMWB. Upon death of owner, benefit is greater of - 1) basic death benefit, or 2) GMWB death benefit. Basic death benefit is greater of - a) contract value, or b) total purchase payments adjusted for withdrawals. GMWB death benefit is equal to initial purchase payments adjusted for additional purchase payments made, Contract Enhancements and withdrawals. On 7th contract anniversary following rider date, GMWB Death Benefit will step up to contract value. If contract value is greater than GMWB Death Benefit. Benefit Base can never be more than $5,000,000. Issuer deducts current charge monthly for state WA and MO - 0.60% With Income Stream Level 1; 0.66% With Income Stream Level 2; 0.72% With Income Stream Level 3; 0.75% With Income Stream Level 4 & 0.81% With Income Stream Level 5. Charges may be different in MO and WA.

Lifecycle Events

Cancellation

Benefit may automatically terminate under certain conditions.

Termination

Benefit will automatically terminate upon termination of LifeGuard Freedom Flex GMWB.

Available when added

No longer available for new purchases.

Effect change ownership

None.