Maximum Quarterly Value Death Benefit

Available during accumulation phase. Upon death of owner, benefit will be greatest of - 1) quarterly contract value, 2) total purchase payments adjusted for withdrawals, or 3) highest quarterly contract value calculated on each contract quarterly anniversary, prior to owner's 80th birthday, increased by purchase payments and reduced for withdrawals made after reset date. Benefit base will never be more than contract value plus $1,000,000.