AETNA LIFE INSURANCE AND ANNUITY COMPANY
ENDORSEMENT
This Contract, and the Certificate, if applicable, are endorsed as follows.
Delete Section 10.01, DEATH BENEFIT, and replace it with the following:
If a Participant dies during the Accumulation Phase, we pay a death benefit. If
the Contract beneficiary requests payment of the death benefit as a lump sum or
Annuity option within six months of the Participant's death, the amount of the
death benefit on the date we receive notice of death and a request for payment
in Good Order is guaranteed to be the greater of:
(a) The Individual Account value as of the next Valuation Date
following our receipt of acceptable proof of death at our Home
Office (see 7.08 for amounts in the GAA); or
(b) The total of Contributions to the Individual Account, minus:
(1) Any amount withdrawn,
(2) Any outstanding loan balance,
(3) Or any amount used to purchase Annuity payments.
In the event that the Contract beneficiary does not request payment of the death
benefit as a lump sum or Annuity option within six months of the Participant's
death, the amount of the death benefit is the Individual Account value as of the
next Valuation Date following our receipt of acceptable proof of death at our
Home Office (see 7.08 for amounts in the GAA).
Endorsed and made part of this Contract, and the Certificate, if applicable, on
the Effective Date of the Contract and Certificate.
/s/Xxxxxx X. XxXxxxxxx
President
Aetna Life Insurance and Annuity Company
E-MMGDB-01(NY)
