Common use of Reports to Owner Clause in Contracts

Reports to Owner. At least once a year we will send you a statement showing the contract value, the cash withdrawal value and death benefit of this contract as of a date not more than two months prior to the statement. This statement will be based on any laws or regulations that apply to contracts of this type. It will be mailed to your last known post office address. Evidence of Survival Where any payments under this contract depend on the recipient or annuitant being alive on a given date, proof that such condition has been met may be required by us. Such proof may be required prior to making the payment. Protection of Proceeds Payments under this contract are not assignable by any beneficiary prior to the time they are due. Payments by Us All sums payable by us are payable from our home office. Any payment or withdrawal from a variable annuity is based on the variable contract value.

Reports to Owner. At least once a year we will send you a statement showing the contract value, the cash withdrawal value and death benefit of this contract as of a date not more than two months prior to the statement. This statement will be based on any laws or regulations that apply to contracts of this type. It will be mailed to your last known post office address. Evidence of Survival Where any payments under this contract depend on the recipient or annuitant being alive on a given date, proof that such condition has been met may be required by us. Such proof may be required prior to making the payment. Protection of Proceeds Payments under this contract are not assignable by any beneficiary prior to the time they are due. Payments by Us All sums payable by us are payable from our home office. Any payment or withdrawal from a variable annuity is based on the variable contract value.. General Provisions (Continued)

Reports to Owner. At least once a year we will send you a statement showing the contract value, the cash withdrawal surrender value and death benefit of this contract as of a date not more than two months prior to the statement. This statement will be based on any laws or regulations that apply to contracts of this type. It will be mailed to your last known post office address. Evidence of Survival Where any payments under this contract depend on the recipient or annuitant being alive on a given date, proof that such condition has been met may be required by us. Such proof may be required prior to making the payment. Protection of Proceeds Payments under this contract are not assignable by any beneficiary prior to the time they are due. Payments by Us All sums payable by us are payable from our home corporate office. Any payment or withdrawal surrender from a variable annuity is based on the variable contract value.