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GENERAL PROVISIONS (CONT'D)
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MISSTATEMENT OF AGE. If the age of the Annuitant has been misstated, the
payments will be those that the Premiums paid would have purchased at the
correct age. Any underpayments will be adjusted immediately by the Company.
Overpayments will be deducted from future payments.
MODIFICATION OF CONTRACT. Any change or waiver of the provisions of this
Contract must be in writing and signed by the President, a Vice President, the
Secretary or Assistant Secretary of the Company. No broker or producer has
authority to change or waive any provision of this Contract. The Company may
amend or waive any portion of this Contract without notice or consent if state
or federal law so requires.
NONPARTICIPATING. This Contract does not share in Our surplus or earnings.
PROOF OF AGE OR SURVIVAL. The Company may require satisfactory proof of correct
age at any time. If any payment under this Contract depends on the Annuitant,
Owner or Beneficiary being alive, the Company may require satisfactory proof of
survival.
PROTECTION OF PROCEEDS. No Beneficiary may commute, encumber, alienate or assign
any payment under this Contract before it is due. To the extent permitted by
law, no payment will be subject to the debts, contracts or engagements of any
Beneficiary. In addition, to the extent permitted by law, no payment will be
subject to any judicial process to levy You or attach the same for payment
thereof.
REPORTS. The Company will send You a report at least once a year. We will also
send You reports as required by law. They shall be addressed to the last address
of the Owner known to the Company.
SUBSTITUTION OF INVESTMENT PORTFOLIOS. We may substitute another underlying
Portfolio without Your consent. Substitution would occur if We determine that
the use of such underlying investment is no longer possible of if We determine
it is no longer appropriate for the purposes of the Contract. No substitution
will be made without notice to You and without the prior approval of the
Securities and Exchange Commission and the state where the Contract was issued
for delivery, if required. Should a substitution, addition, or deletion occur,
You will be allowed to select from the then current Investment Divisions and
substitution may be made with respect to both existing Contract Value in that
Investment Division and the allocation of future Premiums.
SUSPENSION OF PAYMENTS. The Company may suspend or postpone any transfers or
payments to or from the Investment Divisions if any of the following occur:
1. The New York Stock Exchange is closed;
2. Trading on the New York Stock Exchange is restricted;
7
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TABLE OF INCOME OPTIONS
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The following table is for this Contract whose net proceeds are $1,000, and will
apply pro rata to the amount payable under this Contract.
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UNDER OPTION 4 MONTHLY INSTALLMENT UNDER OPTIONS 1 OR 3
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No. of Monthly
Monthly Install- Ages of No. of Mos. Age of No. of Mos. Age of No. of Mos.
Install- ments Payee Certain Payee Certain Payee Certain
ments --------- ------------------- ------- ------------------- -------- -------------------
Unisex Life 120 240 Unisex Life 120 240 Unisex Life 120 240
------- --------- --------- ----- ---- ---- ------- ---- ----- ------ -------- ---- ----- ------
60 18.60 40 4.40 4.39 4.36 60 5.65 5.56 5.29 80 10.37 8.58 6.22
72 15.83 41 4.43 4.42 4.39 61 5.76 5.66 5.35 81 10.84 8.75 6.24
84 13.86 42 4.47 4.46 4.42 62 5.88 5.76 5.42 82 11.35 8.92 6.25
96 12.38 43 4.51 4.50 4.46 63 6.01 5.87 5.48 83 11.89 9.08 6.26
108 11.23 44 4.55 4.54 4.49 64 6.14 5.99 5.55 84 12.48 9.23 6.26
120 10.32 45 4.60 4.58 4.53 65 6.29 6.11 5.61 85 13.12 9.37 6.27
132 9.57 46 4.64 4.62 4.57 66 6.44 6.24 5.67 86 13.80 9.50 6.27
144 8.96 47 4.69 4.67 4.61 67 6.61 6.37 5.73 87 14.53 9.62 6.27
156 8.43 48 4.74 4.72 4.65 68 6.79 6.51 5.79 88 15.30 9.72 6.28
168 7.99 49 4.80 4.77 4.69 69 6.98 6.66 5.85 89 16.12 9.82 6.28
180 7.60 50 4.85 4.83 4.74 70 7.19 6.81 5.90 90 16.99 9.90 6.28
192 7.27 51 4.91 4.88 4.79 71 7.41 6.97 5.95 91 17.89 9.98 6.28
204 6.98 52 4.98 4.94 4.84 72 7.65 7.14 6.00 92 18.85 10.04 6.28
216 6.72 53 5.05 5.01 4.89 73 7.90 7.31 6.04 93 19.84 10.10 6.28
228 6.48 54 5.12 5.07 4.94 74 8.18 7.49 6.08 94 20.89 10.15 6.28
240 6.28 55 5.19 5.14 4.99 75 8.48 7.67 6.11 95 22.00 10.19 6.28
252 6.09 56 5.27 5.22 5.05 76 8.80 7.85 6.14 96 23.17 10.23 6.28
264 5.92 57 5.36 5.30 5.11 77 9.15 8.03 6.17 97 24.44 10.26 6.28
276 5.77 58 5.45 5.38 5.17 78 9.52 8.22 6.19 98 25.85 10.28 6.28
288 5.63 59 5.55 5.47 5.23 79 9.93 8.40 6.21 99 27.44 10.30 6.28
300 5.51
Note: Due to the length of the information, the Table for Option 2 is
available from the Service Center upon Your request.
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