Accumulation Phase

Inflation and Downside Market Protection
When you chose to activate and enter the accumulation phase, you begin a 10-year period during which your Premium Accumulation Value will be credited a guaranteed 5% annual compounded rate of return (0% in policy years in which a withdrawal is taken).  At the beginning of the Accumulation Phase, your Premium Accumulation Value is defined as the initial premium if the rider activation date is the same as the policy date, or the policy value as of the rider activation date if this date is later than the policy date.

Guaranteed Accumulation for Retirement Income

Assuming an initial $100,000 investment, your Premium Accumulation Value (assuming no withdrawals) would still grow guaranteed to $162,889 even if the net investment returns were negative.  The following hypothetical table is intended to show the effect of the 5% compounded annual of return over 10 years on an initial investment of $100,000. It is not intended to predict or project investment results.  The policy and surrender values assume the maximum mortality and expense charge of 0.80%, single life GLWB rider charge and and investment option expense of 0.65%.  Actual result may vary.

Your Policy Value, Premium Accumulation Value and Maximum Anniversary Policy Value will eventually determine the amount of your lifetime withdrawals.