Annual Enhanced Death Benefit

For all state except New Jersey and Washington Available during accumulation phase. Upon death of owner or annuitant, benefit will be contract value. If the annuitant or owner dies prior to retirement date, the amount of death benefit will be greater of -1) Standard death benefit 2) Annual Increasing Death Benefit: which is Purchase Payments increased at 5% annually less any proportionate withdrawal of each partial surrender until the later of the contract anniversary after the lock in period or five years or 3) Highest Accumulated Value. For the state of New York the DB payable is greater of 1) the standard death benefit or 2) the highest accumulated value on a Contract anniversary. Lock in feature will be later of the Contract Anniversary after the original 75th birthday. The amount will be locked in and will only increase based on new purchase payment .For state of New Jersey and Washington Available during accumulation phase. Upon death of owner or annuitant, benefit will be contract value. If the annuitant or owner dies prior to retirement date, the amount of death benefit will be greater of -1) Standard death benefit 2) Annual Increasing Death Benefit: which is Purchase Payments increased at 5% annually or 3) Highest Accumulated Value.