Glossary

Your contract value including any interest earned, additional premium (if applicable), minus any withdrawals taken.

This rate is used in the calculation of the spread in the interest earnings calculation under the Balanced Allocation Strategy.

Current income account value.

Interest rate applied to the Benefit Base during the Accumulation Phase.

The Rider Charge will be deducted from the Accumulated Value at full surrender, annuitization, death, termination, withdrawal, on the Term End Date for each Indexed Strategy, and on the Contract Anniversary for the Fixed Strategy.

The Income Base is multiplied by this rate at each anniversary to determine the Annual Income Rider Charge, 1/12 of which is deducted monthly from the Accumulation Value and Minimum Guaranteed Contract Value, if applicable.

Used in the calculation of the Index Earning Factor and Balance Allocation Factor; the Annual Fee could be 0%.

An Account Maintenance Charge is a charge to compensate us for maintaining and administering the Separate Account and Divisions. The Account Maintenance Charge is not guaranteed and may be changed at our sole discretion, so long as it does not exceed the Maximum Account Maintenance Charge set forth in the Contract. The Account Maintenance Charge does not apply to the Money Market Fund Division. For each Specialty Division, the Account Maintenance Charge will be deducted from the assets of the underlying Fund in which the Division invests as described in the separate private placement memorandum, prospectus or, if available, summary prospectus, for the underlying Fund.

Value changes daily based off of changes in underlying indices. Value is not locked in until end of term.

The percentage of base contract indexed earnings that will be added to the Income Account Value on each term end date.

Rate calculated using the factors set on each term (Ex: Index Allocation, Declared Rate Allocation, Declared Rate, and Total Annual Spread Rate) which are set on the Term Begin Date; applied to the Accumulation Value to calculate the Balance Allocation Value.

Amount used for purposes of calculating the Rider Benefits only. The Benefit Base is not a value that can be withdrawn.

Cash value if you were to surrender the contract. This can fluctuate if a Market Value Adjustment is applicable to your contract.

The date your payments were increased under the confinement or activities of daily living provision of your income rider.  We may require proof from time to time that the conditions are still being met.

The date that Confinement or Activities of Daily Living Income Rider payments end or need to be recertified.  (NOTE:  A recertification form will be sent by mail prior to the end date for policies without a maximum number of months available)

The Death Benefit value is an estimate only. To receive the current Death Benefit value, contact the home office.

Current percentage used to determine your death benefit value based on interest credits, if any, applied to your Accumulation Value in addition to the guaranteed Death Benefit Rider Rollup Rate.

The Benefit Base grows at this simple interest rate until the Guaranteed Simple Interest Stop Date.

The Benefit Base value that will be paid to beneficiaries in equal periodic payments upon the death of the owner/annuitant if the Death Benefit Waiting Period has passed.

Percent applied to the Declared Rate growth in the calculation of the Index Earning Factor and Balance Allocation Factor.

Rate used in the calculation of the Declared Rate growth in the Index Earning Factor and Balance Allocation Factor.

Investment option available through the Separate Account to which Contract Value may be allocated. Each Division of the Separate Account constitutes a operates as a separate investment portfolio and invests solely in the corresponding interests of a single underlying Insurance Dedicated Fund (IDF), such as a mutual fund registered with the Securities and Exchange Commission (SEC) or private investment fund which may not be registered with the SEC. The available Divisions are listed and described in your Contract and the private placement memorandum for the Contract.

The amount of Contract Value allocated to a specific Division. The Division Account Value for a Division will be determined on the Valuation Date for that Division. The Division Account Value is subject to change and will increase or decrease in accordance with the investment results of the underlying Fund in which the Division invests and the expenses of and charges against the underlying Fund, including the Account Maintenance Charge if applicable.

Death Benefit equals the premium less withdrawals, all accumulated at the Death Benefit Rider interest rate.

Begins on the day your payments were increased under the Enhanced Income Benefit provision of your Enhanced Benefits Rider. We may require proof from time to time that the conditions are still being met.

The amount you may withdraw from your annuity that is not subject to withdrawal charges.

An effective annual Guaranteed Rate that is used to credit daily interest earnings to the Accumulation Value from the Lock-in Date to the Term End Date.

Amount of Premium received at issue.

Upon death, your beneficiary may elect to take the Income Rider Death Benefit paid out over a set period of years instead of the base contract's death benefit.

Begins on the day the first Lifetime Income Withdrawal is taken under the Rider.

Bonus percentage applied to the initial Income Base at issue.

The value upon which Lifetime Income Withdrawls are based. It is not payable as a Cash Surrender Value and is not the same as the Accumulation Value.

(Fixed and Guaranteed) One year strategy's have a fixed rate of return that is set at term and is not affected by an Index. It is a guaranteed rate for a guaranteed period, typically one contract year.

The strategy index percent change is limited to a maximum value called the cap rate. For example: If the strategy index percent change is 10% and the cap rate is 8%, interest credits would be calculated using a rate of 8%.

Amount of original loan requested.

Current outstanding balance of loan.

If you have not locked in your values, the date shown will be a current date. If you have locked in your values, the date will show the date you locked in. You can lock-in your values once per term. If you do not elect to lock-in on your own, your contract will lock-in automatically at the end of each term.

On the Lock-in Date, the rate calculated and applied to the AV (Accumulation Value) to credit the lock in earnings.

This value represents what your accumulation value is in relation to the Lock-in Effective Date.

An increase or decrease in withdrawal amounts based on the movement of interest rates. This is only calculated when Withdrawal Charges apply.

At any time, you may elect to receive Income withdrawals, which are a percentage of the guaranteed income base until the account reaches zero.

Current value that may increase over time based upon interest credits, if any, applied to your annuity Accumulated Value. This value is only applicable if elected during the Income Phase.

Maximum annual amount available for income benefits, which may increase during the Income Phase based on interest credits, if any, applied to your annuity's Accumulation Value.

Current value that may increase over time based upon annual movements in the most recently published CPI-U (Consumer Price Index-All Urban Consumers-not seasonally adjusted). This value is only applicable if elected during the Income Phase.

Maximum annual amount available for income benefits, which may increase during the Income Phase based on annual movements in the most recently published CPI-U (Consumer Price Index - All Urban Consumers - not seasonally adjusted).

Value is set by a percentage that is determined by your issue age and attained age at the start of the income period. The percentage doesn't change.  This value is only applicable if elected during the Income Phase.

Maximum annual amount available for income benefits, which is set by a percentage that is determined by your issue age and attained age at the start of the income period. This percentage doesn't change.

Premium bonus percentage used to calculate the premium bonus on the contract date.

The strategy index percent change is multiplied by the participation rate. For example: If the strategy index percent change is 10% and the participation rate was 50%, interest credits would be calculated using a rate of 5%.

Begins on the day your payments were increased under the Confinement or Terminal Illness provision of your Enhanced Benefits Rider. We may require proof from time to time that the conditions are still being met.

Cost basis established before August 14, 1982. This type of cost basis will be withdrawn from an annuity before any gain (taxable amount) is withdrawn.

Cost basis established on or after August 14, 1982. This type of cost basis is not withdrawn from an annuity until all gain has been withdrawn

A legal document that provides detailed information about a non-registered investment product that is being offered pursuant to an exemption from registration under federal securities laws.

A legal document that provides detailed information about a registered investment product that is being offered pursuant to a registration statement filed with the Securities and Exchange Commission (SEC) under federal securities laws.

Amount the IRS requires the contract owner to withdraw each year from the contract. This amount could change annually.

This value is made up of the penalty free amount available minus any interest credited back to the contract if applicable. This value changes with market fluctuation.

This is the date after which the Return of Premium Guarantee Amount is considered in the Cash Surrender Value calculation.

The length of time after which the Return of Premium is considered in the Cash Surrender Value and Death Benefit calculations.

The date after which the Return of Charge guarantee amount is considered in the Cash Surrender Value calculation.

Rollup interest rate used in the calculation of the enhanced death bene value provided within the income rider.

The date that the Death Benefit would be available if death of the owner/annuitant occurred.

Interest rate applied to the Benefit Base during the Accumulation Phase.

The number of years over which the Beneficiary may elect to receive the Rider Death Benefit.

The date in which the Return of Premium Benefit is available upon full surrender.

Cash value if you were to surrender the contract. This can fluctuate if a Market Value Adjustment is applicable to your contract.

The spread rate also known as asset expense charge or annual fee is the percentage rate subtracted from the Index Cap Rate or the Index percentage change, whichever is less. For example: If the cap rate was 10%, the index percent change was 8% and the spread was 3%, interest would be figured on 5% (8%-3%).

The Balanced Allocation Value associated with each particular strategy. The sum of Strategy Balanced Allocation Values equals the Balanced Allocation Value at the policy level.

Period of time between calculation of Interest Credits.

Current value of strategy.

The date on which the value of the assets in each Division is determined as set forth in the Contract Schedule.

The amount deducted from your annuity value upon surrender, or for withdrawals exceeding any free withdrawal provision of your contract.