Guaranteed Minimum Income Benefit

Benefit guarantees minimum level of future income regardless of investment performance of underlying investment options. Benefit base initially equal to purchase payment accumulated at 3% or 5% annually and adjusted for withdrawals thereafter increase by credit enhancement. If owner elect this rider at 5%, Issuer will credit maximum rate of 4% for amounts allocated to Rydex VT U.S. Government Money Market Subaccount; however, owner will still pay rider charge applicable to the 5% rate. In crediting interest, timing of Purchase Payment and withdrawal occurred and accrues such interest will be considered until earlier of - 1) annuitization, or 2) contract anniversary following annuitant's 80th birthday. Owner may choose annuity options available in contract. Please see prospectus for details.