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SureHorizon AnnuityFlexible Premium Deferred Annuity

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Specimen Policy

Key Features

• Competitive, guaranteed interest
• The guaranteed rate may increase based on contract value at time of purchase payment or start of new subaccount guarantee period
• Additional interest for large accounts
• No loads or expense charges

Target Market

• Individuals seeking long-term cash accumulation for retirement
• Individuals seeking tax-deferred growth
• Individuals seeking safety of principal

Product Type

• Flexible Premium Deferred Annuity
• Available for some qualified and all non-qualified plans
• Not a Registered Product

Issue Ages

• 0-90

Premium

• Minimum Payment $3,000 (both qualified and non-qualified)
• Maximum Payment $1,000,000
• Minimum Additional Premiums $100 (per additional payment)

Interest Rate Bonuses

• A first-year interest bonus rate will increase the credited rate for the first year only after any premium is received.
• An additional interest bonus rate will apply at issue and on each guarantee period account renewal if the total policy contract value is equal to or greater than the contract value requirements. Once the additional interest bonus has been credited, it will remain for the entire guarantee period.

Interest Rate Guarantee

• 2.00% Contract years 1 - 10
• 3.00% Contract years 11+

Guarantee Period

• One, three, five or six years. Renews to one year guarantees thereafter.

Withdrawal Charges

Partial Withdrawals

• Yes. Minimum $50. The owner may specify which guarantee period account(s) to withdraw from. If the owner does not specify, partial withdrawals will be withdrawn on a pro-rata basis.

Loans

• Minimum loan amount: $1,000
• Maximum loan amount: Not to exceed cash value minus withdrawal charges.
• Interest Charged: 8.00%
• Interest Credited: Greater of minimum guaranteed rate or loan interest rate minus 2.50%.

Free Withdrawal Amount

• 10% of the account value, per contract year, is available.

Free Look Period

• 20 days

Surrender Value

• Cash account value on the date of surrender less any withdrawal charges and applicable taxes.

Death Benefit

• Greater of Contract value, less any withdrawal charges or the sum of all Purchase Payments less any prior withdrawals and any applicable taxes withheld on the date of settlement.

Spousal Withdrawal Priviledge

• Upon the death of the owner, a surviving spouse may choose to continue the contract if in the accumulation phase. Within the next year, withdrawal charges will be waived for a withdrawal (up to the full contract value).

Premium Tax

• Applicable taxes will be deducted at surrender, annuitization, or death.

1035 Exchanges

• Information on our procedures for 1035 exchanges can be provided.

The following waivers allow you you to access a portion of your account, without penalty, in times of need:

• Waiver for confinement in long term care facility or hospital
• Waiver for terminal illness
• Waiver for unemployment

Death Benefit Rider

• The death benefit will equal the greater of Contract Value as of the date death settlement is requested or the sum of all Purchase Payments less any prior withdrawals and applicable taxes.

Return of Purchase Payment Guarantee Rider

• If the entire contract value is withdrawn, the amount paid will never be less than all purchase payments minus any prior withdrawals and any applicable taxes.