i4LIFE Advantage

Benefit provides variable, periodic Regular Income Payments for the owner's life. The initial account value is the contract value on the valuation date the rider is effective, less any premium taxes (or the initial purchase payments if rider is purchased at contract issue). Issuer will establish Access Period (minimum 10 years and maximum till owner's aged 115 for NQ and 100 for QP) at election of i4LIFE Advantage. Access period begins on the Periodic Income Commencement Date, during which issuer pays variable, periodic regular income payments and provide a death benefit. During this period owner may surrender the contract or make withdrawals from the account value. If account value is reduced to zero due to regular income payments or market loss, the access period ends. Amount of initial regular income payment is determined on periodic income commencement date by dividing contract value or purchase payment if elected at contract issue, less premium taxes by 1000 and multiplying result by an annuity factor. Annuity factor is based upon - 1) age of annuitant and secondary life, 2) length of Access Period elected, 3) frequency of regular income payments, 4) AIR elected and 5) Individual Annuity Mortality table specified in contract. Lifetime Income Period begins immediately at the end of the Access Period and the remaining Account Value is used to make regular income payments for the rest of the owner’s life (and the secondary life under the joint life option). Amount of initial regular income payment, during the Lifetime Income period is determined by dividing contract value on the last valuation date of the Access Period by 1000 and multiplying result by an annuity factor, revised to reflect that the access period has ended. Annuity factor is based upon - 1) age of annuitant and secondary life, 2) frequency of regular income payments, 3) AIR (3% to 4%) elected and 4) Individual Annuity Mortality table specified in contract.