Lincoln SmartSecurity - 1 year Automatic Step-up

The rider provides a guaranteed return of principal. It also provides a guaranteed lifetime benefit if the age at first withdrawal is 65 or older.,The Guaranteed Amount (GA) is a value used to calculate withdrawal benefit under this rider. If rider is elected on the base policy contract date, initial GA is equal to initial purchase payment. If rider is elected after the base policy contract date, initial GA is equal to Contract Value on effective date of the rider. Under 1 Year Automatic Step-Up option, GA will automatically step-up to contract value on each rider year anniversary up to and including 10th rider year, after the 10th benefit year anniversary, another 10-year period of automatic step-ups can be initiated (in writing) if each contract owner and annuitant is under age 81. There is no change in the percentage charge when automatic annual step-ups occur during a 10 year period. After the first rider anniversary, cumulative additional purchase payments into the contract will be limited to an amount equal to $100,000.