Common use of FIXED INCOME Clause in Contracts

FIXED INCOME. Equal payments of the amount chosen with interest of not less than 2% per year until the funds left on deposit are exhausted. Life Income – Monthly income will automatically be guaranteed to continue for at least ten years. If the payee dies before the end of the ten-year period, payments will continue to the end of the ten-year period to a person designated in writing by that payee. The purchase rates for the monthly income for a male or female income recipient bought by each $1,000 of benefits are shown below. Monthly Monthly Monthly Monthly Monthly Age Income Age Income Age Income Age Income Age Income 32 2.42 42 2.69 52 3.10 62 3.76 72 4.92 34 2.47 44 2.76 54 3.20 64 3.94 74 5.26 36 2.52 46 2.83 56 3.32 66 4.14 75+ 5.45 38 2.57 48 2.91 58 3.45 68 4.37 Monthly income amounts for ages not shown are halfway between the two amounts for the nearest two ages that are shown. Amounts shown are based on an annual interest rate of 2% and the Annuity 2000 female mortality table with five-year age setback. We may require evidence of survival for incomes that last more than ten years. POLICY LOANS

FIXED INCOME. Equal payments of the amount chosen with interest of not less than 2% per year until the funds left on deposit are exhausted. Life Income – Monthly income will automatically be guaranteed to continue for at least ten years. If the payee dies before the end of the ten-year period, payments will continue to the end of the ten-year period to a person designated in writing by that payee. The purchase rates for the monthly income for a male or female income recipient bought by each $1,000 of benefits are shown below. Monthly Monthly Monthly Monthly Monthly Age Income Age Income Age Income Age Income Age Income 32 2.42 42 2.69 52 3.10 62 3.76 72 4.92 34 2.47 44 2.76 54 3.20 64 3.94 74 5.26 36 2.52 46 2.83 56 3.32 66 4.14 75+ 5.45 38 2.57 48 2.91 58 3.45 68 4.37 Monthly income amounts for ages not shown are halfway between the two amounts for the nearest two ages that are shown. Amounts shown are based on an annual interest rate of 2% and the Annuity 2000 female mortality table with five-year age setback. We may require evidence of survival for incomes that last more than ten years. STANDARD POLICY LOANS

FIXED INCOME. Equal payments of the amount chosen with interest of not less than 2% per year until the funds left on deposit are exhausted. Life Income – Monthly income will automatically be guaranteed to continue for at least ten years. If the payee dies before the end of the ten-year period, payments will continue to the end of the ten-year period to a person designated in writing by that payee. The purchase rates for the monthly income for a male or female income recipient bought by each $1,000 of benefits are shown below. Age Monthly Monthly Monthly Monthly Monthly Age Income Age Monthly Income Age Monthly Income Age Monthly Income Age Monthly Income 32 2.42 42 2.69 52 3.10 62 3.76 72 4.92 34 2.47 44 2.76 54 3.20 64 3.94 74 5.26 36 2.52 46 2.83 56 3.32 66 4.14 75+ 5.45 38 2.57 48 2.91 58 3.45 68 4.37 Monthly income amounts for ages Ages not shown are halfway between the two amounts for the nearest two ages Ages that are shown. Amounts shown are based on an annual interest rate of 2% and the Annuity 2000 female mortality table with five-year age setback. We may require evidence of survival for incomes that last more than ten years. POLICY LOANS.