Money Access Liquidity and Enhanced Death Benefit Rider Options
Free Withdrawals This is an opportunity each year (after the first contract year) to take Free Withdrawals up to 10% of the total
premiums paid. Death Benefit
Death Benefit proceeds are paid to the surviving joint owner. If there is no surviving joint owner, the Death Benefit is paid to the named beneficiary(ies) with no Surrender Charges. Generally paid in a lump-sum, other payment options are also available. The death benefit of the contract prior to the maturity date will be equal to the greater of (1) The contract value, or (2) The MGSV. The beneficiary(ies) may choose to receive the death benefit in a lump sum or anather payment option available in the annuity contract. Enhanced Death Benefit Rider Options Beneficiaries may elect to receive the enhanced death benefit in place of the death benefit provided under the base contract. Beneficiaries may choose to take a single lump-sum payment or a series of equal payments over a period of five years.
Enhanced Death Benefit Rider
Lump Sum
Multiple Payments
75% BAV amount Paid in lump sum
100% BAV amount Paid in equal payments over five years Includes BAV bonus and enhanced interest rate credits
Includes BAV bonus and enhanced interest rate credits
Limited to the greater of: • 125% of the surrender value provided under the base contract, and • Premiums received accumulated at 10% annual effective rate, but not exceeding 250% of all premiums received (minus any withdrawals including withdrawal charges)
EstateShield 9
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