Highest Quarterly Value Death Benefit

Available during accumulation phase. Upon death of owner, benefit will be greater of - 1) contract value; or 2) Highest quarterly value will be the greater of 1) total purchase payments are reduced for each withdrawal by an adjustment calculated as (a ÷ b) × c, where a is the contract value withdrawn (including any CDSC), b is the contract value before the withdrawal, and c is the total purchase payments adjusted for any prior withdrawals; or 2) Annual Lock-In Feature (ALIF) equals the initial purchase payment and is recalculated after issue upon purchase payments, withdrawals, and certain contract anniversaries. purchase payments increase the alif, while withdrawals reduce it by a pro-rata adjustment calculated as (a ÷ b) × c, where a is the amount withdrawn (including any CDSC), b is the contract value before the withdrawal, and c is the current alif. on each contract anniversary up to age 80, the alif equals the greater of its current value or the highest quarterly contract value from the prior contract year.