Guaranteed Minimum Withdrawal Benefit

Benefit guarantees the payment amount each year until the Guaranteed Amount is depleted regardless of investment performance.,This rider provides five asset allocation models to all contract owners on an optional basis. These are: (1) Conservative; (2) Moderate Conservative; (3) Moderate; (4) Moderate Aggressive; and (5) Aggressive. However, in order to elect this rider at the time of issue or on any contract anniversary thereafter, owner must invest 100% of accumulation value in one of these five asset allocation models. Owner may not transfer any part of accumulation value to an investment division that is not a part of the asset allocation model selected. After the rider has been in force for 5 consecutive contract years and after every 5th contract year thereafter, owner can elect step-up the guaranteed amount. This allows increasing the guaranteed amount to equal the current accumulation value as of the eligible contract anniversary date. The maximum issue ages of annuitant or owners are 80 for Joint Life.