GMIB II

Benefit guarantees minimum level of future income regardless of investment performance of underlying investment options. Annuity payments equals greater of - 1) determined by GMIB Plus annuity table or 2) in accordance with base contract for same annuity option. Benefit base is greater of - 1) Highest anniversary value or 2) Annual Increase Amount. Highest anniversary value equals highest contract value on any contract anniversary prior to annuitant's 81st birthday less adjusted for withdrawals added to any purchase payments made. Annual increment amount equals initial purchase payments plus additional purchase payments increased for 5% annual increase rate prior to annuitant's 86th birthday adjusted for withdrawals. Annual increase amount, including step-up, can never be more than 270% of purchase payments. Owner may only elect from 1) Single Life annuity with 10 years of annuity payments guaranteed or 2) Joint and last survivor annuity with 10 years of annuity payments guaranteed, annuity payment options upon election of this rider. Under certain circumstances, Issuer will enhance GMIB purchase pay-out rates to equal or exceed 5.5% or 5% of Income base.