PRIME Plus Benefit - Guaranteed Minimum Income Benefit

Benefit guarantees minimum level of future income regardless of investment performance of underlying investment options, depending upon selected annuity option. Benefit base prior to owner's death or exercising GPWB, if applicable, is equal to - 1) 7% Annual Increase Amount (AIA), 2) Maximum Anniversary Value (MAV), or 3) contract value. If MAV is greater than 7% AIA, benefit base is equal to MAV. If 7% AIA is greater than MAV, owner may decide whether to set benefit base equal to 7% AIA or MAV. 7% AIA at issue is equal to initial purchase, thereafter, increased by purchase payments made and reduced by withdrawals accumulated at 7% annually prior to owner's 80th birthday. 7% AIA may never be more than two times of purchase payments made during first five contract years and guaranteed fixed payout rates are lower and fewer available Annuity Options. MVA at issue is equal to initial purchase payment, thereafter, increased by purchase payments made and reduced by withdrawals. MAV is set equal to highest contract value on any contract anniversary prior to owner's 81st birthday. Please see prospectus for details.