Income Benefit

Rider provides guaranteed Lifetime Income Payments. Also, it allows the contract value and death benefit for a period of time after Income Payments begin, however with the only available index option as Index Protection Strategy with trigger, with participation, and with Cap. Rider also offers a Multiplier Benefit at no additional charge, that increases the annual maximum Income Payment.,In income period the free withdrawal privilege is no longer available and any active automatic investment plan and/or systematic withdrawal program ends.

Income payments are allowed to begin any time after completion of the income payment waiting period and once the contract holder reaches age 50. However, income payments cannot start within 14 calendar days prior to an Index Anniversary. The Income Benefit Date must coincide with an Index Anniversary. Each Income Benefit Year typically corresponds to one Index Year. If the Income Benefit Date does not occur on an Index Anniversary, the first Income Benefit Year will be adjusted accordingly. The Income multiplier ends at the earliest of: 1)Annuity date, 2)the Income Benefit Anniversary,3) Income Benefit ends, 4) Contract ends. Income Multiplier Benefit is only available if eligible person is unable to perform at least two of the six activities of daily living (i.e, eating, dressing, transferring, bathing, toileting, continence) and must be confined to a qualified nursing home or hospital for at least 90 consecutive days in a 120 day period. Income Multiplier Benefit is not available in Hawaii, Maryland, Connecticut.