Spousal Highest Daily Lifetime 6 Plus

The rider provides a guaranteed annual lifetime withdrawal benefit equal to a percentage of the initial benefit base for the lives of two spouses. 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.,The youngest designated life must be at least 50 years old and the oldest designated life must be at least 55 years old when the benefit is elected. 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 and 20th anniversaries of rider issue date.