Maximum Anniversary Value Death Benefit

Available during the accumulation phase. Upon death of owner, death benefit is greater of 1) the Contract Value, or 2) the Maximum Anniversary Value. The Maximum Anniversary Value is initially equal to the Purchase Payment received at the contract issue, thereafter increases by the subsequent purchase payments and reduced by withdrawals. On each Index Anniversary before the end date the Maximum Anniversary Value is equal to the greater of - (1) its current value after processing any additional Purchase Payments or withdrawals, or (2) the Contract Value determined at the end of the Business Day after processing all daily transactions including performance credits, additional Purchase Payments adjusted for withdrawals and any applicable contract expenses. Rider locks in any annual investment gains to potentially provide an increased death benefit. On and after the end date, no annual investment gains are captured and Maximum Anniversary Value Death Benefit amount equals to the Guaranteed Death Benefit Value. The end date occurs on the earliest of 1) 90th birthday; or 2) the end of the business day, issuer receives the claim.