Legacy Income Option - Death Benefit Rider

The rider death benefit is available after the first contract anniversary. Benefit base is equal to all purchase payments received during the first contract year. Amount of death benefit depends on what beneficiaries choose - 1) a lump sum payment (the account value plus 50% of any amount by which the rider benefit base exceeds the account value,or 2) payments over a period of 5 years (Benefit base annuitized at 1% over 5 years). Benefit base does not increase, but reduces by any withdrawals unless it is a protected withdrawal or a withdrawal to pay rider charges. Protected withdrawal amount is greater if a) 5% of the account value (initial purchase payment in the first contract year), or b) any RMD for the calendar year in which the contract year began. The protected withdrawal period is limited to the first 10 rider years and the amount is not cumulative.