Combo Death Benefit

Available during accumulation phase. Upon death of annuitant, benefit will be greater of - 1) contract value; 2) GMDB amount. Initial GMDB amount is equal to initial purchase payment. If issuer adds rider on a subsequent contract anniversary, initial GMDB amount will be equal to current contract value. After the rider is issued, the GMDB amount is the greater of - 1) step-up death benefit amount or 2) annual credit death benefit amount. On each contract anniversary until annuitant's age 81, stepped-up death benefit amount will be reset to contract value, if greater than the existing step-up death benefit amount. Annual Credit Death Benefit amount is equal to - 1) annual credit death benefit amount, plus 2) an amount equal to the death benefit annual credit rate multiplied by the death benefit annual credit calculation base. Current Annual Credit rate is 6%. Benefit base amount will not be more than 2 times of total net purchase payments, adjusted for any withdrawal.