ING USA GUARANTEED MINIMUM
ANNUITY AND LIFE INCOME RIDER
INSURANCE COMPANY
ING USA is a stock company domiciled in Iowa
--------------------------------------------------------------------------------
ING USA ANNUITY AND LIFE INSURANCE COMPANY
(HEREINAFTER CALLED WE, US AND OUR)
The Contract to which this Rider is attached is hereby modified by the
provisions of this Rider. This Rider's provisions control where there is a
conflict between this Rider and the Contract. Where used in this Rider, the term
Contract shall mean Certificate when this Rider is attached to a Certificate,
and the term "GMIR" shall mean Guaranteed Minimum Income Rider. This Rider
becomes effective as of the Contract Date (the "Rider Date").
Benefits provided and charges made under the terms and conditions of this Rider
are described below. This Rider provides benefits only to the end of the GMIR
Period shown in the Contract Schedule. This Rider will remain in effect until
terminated under any one of the conditions described under the Rider Termination
provision below.
Beginning with the initial Variable Annuity Payment, and each Variable Annuity
Payment thereafter, to the end of the GMIR Period shown in the Contract
Schedule, the Variable Annuity Payment due under the Contract to which this
Rider is attached is guaranteed to never be less than the GMIR Payment shown in
the Contract Schedule, provided the following conditions are met:
(1) The total amount applied to the Annuity Option shown in the Contract
Schedule is taken as a Variable Annuity Payment; and
(2) The Variable Annuity Payments are made based on one of the following
Annuity Options as shown in the Contract Schedule:
(i) a Single or Joint Life Income, other than a Joint Life Income with
Reduced Payments to Survivor;
(ii) a Single or Joint Life Income with Period Certain wherein payments are
guaranteed for 15 years or more, unless you have elected the Right to
Withdraw Option as shown in the Contract Schedule; or
(iii)a Period Certain Annuity (with no Life contingency) wherein payments
are guaranteed for 15 years or more.
The GMIR Payment is determined by multiplying the Initial Estimated Variable
Annuity Payment by the GMIR Factor shown in the Contract Schedule.
If, at any time prior to the end of the GMIR Period shown in the Contract
Schedule and during the term of this Rider, the Variable Annuity Payment due
under the Contract falls below the GMIR Payment shown in the Contract Schedule,
we will pay the difference between (1) and (2) where (1) is equal to the GMIR
Payment shown in the Contract Schedule and (2) is equal to the Variable Annuity
Payment due at that time, so that the total Variable Annuity Payment on a
payment date will never be less than the GMIR Payment shown in the Contract
Schedule.
While this Rider is in effect, no changes may be made to the Annuity Option
shown in the Contract Schedule.
Partial Withdrawals
If withdrawals are taken under the Contract, the Estimated Variable Annuity
Payment and GMIR Payment will be reduced proportionately each time a partial
withdrawal is made.
IU-RA-3003
RIDER CHARGE
We deduct a charge for this Rider on a daily basis from the Net Rate of Return.
The Maximum Charge on the Rider Date is stated in the Contract Schedule, but we
may charge less than the maximum. If the Contract to which this Rider is
attached is terminated for any reason, the Rider Charge for the current period
will be deducted from the Net Rate of Return prior to termination of the
Contract.
RIDER TERMINATION
This Rider cannot be canceled by you. However, it will terminate upon the
occurrence of any one of the following events:
1. The Contract to which this Rider is attached terminates;
2. You die, unless the Contract is continued on the life of your spouse,
in which case the Rider will continue with your surviving spouse as
Owner;
3. Death proceeds become payable under the Contract; or 4. The end of the
GMIR Period shown in the Contract Schedule.
This Rider has no surrender value or other non-forfeiture benefits upon
termination. All other terms and provisions of the Contract will continue to
apply.
Rider Date:
------------------------
Signed;[
Xxxxx Xxxxxx ]
President
IU-RA-3003 2
