Highest Daily Lifetime 7 Plus

The rider provides a guaranteed annual lifetime withdrawal benefit equal to a percentage of the initial benefit base. Lifetime Withdrawals can begin at any time and the company allows a one-time Non-Lifetime Withdrawal prior to taking Lifetime Withdrawals under the benefit.,If Highest Daily Lifetime 7 Plus with Beneficiary Income Option is elected periodic value will stop to be determined on the earlier of first Lifetime Withdrawal or the 10th rider anniversary and no guaranteed minimum Periodic Values on the 20th and 25th Anniversary will be available. Rider also provide one-time Non-Lifetime Withdrawal, it is an optional feature of benefit that can be elected at first withdrawal. Amount of Non-Lifetime Withdrawal cannot be more than amount that would cause annuity to be taken below minimum surrender value. Non-Lifetime Withdrawal will not establish initial annual benefit payment and Periodic Value described above will continue to be calculated. Non-Lifetime Withdrawal will proportionally reduce benefit base and annual benefit payments guaranteed on 10th, 20th or 25th anniversaries of rider issue date. The rider provides a death benefit in addition to the base contract death benefit.