4LATER Select Advantage

Initial Protected Income Base, equals to the contract value on the effective date of the rider election. Rider provides an Protected Income base, used to determine guaranteed income benefit payment. The Guaranteed Income Benefit is available for election at the time of electing i4LIFE Advantage and provides a minimum payout floor. Contract owners, electing this rider have an option to later transition of this rider to i4LIFE Advantage Select Guaranteed Income Benefit. 4LATER Advantage (Managed Risk) termination requirement of 5-year holding period is waived off, if contract owner is electing this rider. With termination of current rider, current protected income base will also be terminated. After first rider anniversary, cumulative additional purchase payments will be limited to $100,000. On each benefit year anniversary, protected income base, will be increased by 5% if - 1) contract owner or annuitant is under age 86, 2) if there were no withdrawals in that year and 3) rider is in enhancement period. Enhancement period is a 10-year period begins on rider date. If during any enhancement period there are no account value lock, 5% enhancements will terminate at the end of enhancement period and will not restart until next benefit year anniversary following benefit year anniversary upon which an account value lock occurs. Subsequent purchase payment must be invested in contract for at least 1 benefit year before calculating 5% enhancement. If owner decline the account value lock during the first 10 benefit years, owner will continue to be eligible for the 5% Enhancements through the end of current enhancement period. Maximum Benefit base can never be $10,000,000.