Interest Guaranteed Death Benefit
Death benefit payable upon the death of owner is prior to the age of 70. Death Benefit is Fixed Account Option Value plus Variable Account Option Value. Fixed Account Option Value is the greater of: a) Value of Fixed Account Option or b) 100% of Purchase Payments invested in Fixed Account Option less Amount of all prior withdrawals from the Fixed Account Option, charges and any portion of Account Value applied under a Payout Option. Variable Account Option Value is the greater of: a) Value of Variable Account Options or b) 100% of Purchase Payments invested in Variable Account Options less Amount of prior withdrawals (out of) or transfers (out of) the Variable Account Options plus Interest credited. In case of non qualified contract no DB will be payable upon the death the owner .