Guaranteed Partial Withdrawal Benefit

Traditional Guaranteed Partial Withdrawal Benefit is part of Traditional GBP. The GPWBs provide a guaranteed minimum amount of level income in the form of annual partial withdrawals (GPWB Payments). GPWB Payments are not guaranteed for life.,Owner can only access the GPWB value by exercising the GPWB.

Once GPWB is exercised, each GPWB payment will reduce theremaining GPWB value. Also, any additional partial withdrawals that you make in excess of your GPWB payment will reduce the remaining GPWB value by the percentage of the Contract Value you withdraw (prior to any MVA, but including any withdrawal charge) for each withdrawal you make. We will deduct the amount of your GPWB payment pro rata from your Investment Choices. If you exercise the GPWB, you can no longer make additional Purchase Payments.