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Tactician Plus
Flexible Premium Deferred Annuity

Rate Flyer

Specimen Policy

Key Features

• Competitive, guaranteed interest
• Choose from among one or more different interest guarantee periods
• Additional first-year interest rate bonus offered for guarantee periods five, seven, eight, nine and ten years

Target Market

• Individuals interested in an alternative to certificates of deposit, zero coupon bonds and treasury bond ladders
• Individuals interested in retirement planning
• Individuals interested in long-term cash accumulation
• Individuals interested in tax-deferred investment earnings

Product Type

• Flexible Premium Deferred Annuity with Market Value Adjustment provision
• Available for some qualified and all non-qualified plans
• Not a Registered Product

Issue Ages

• 0-90

Premium

• Minimum Payment $2,000 for qualified
• Minimum Payment $5,000 for non-qualified
• Minimum Payment $100,000 for high band
• Maximum Payment $1,000,000 for issue ages 0-85
• Maximum Payment $500,000 for issue ages 86-90
• Minimum Additional Premiums $1,000 (per selected guarantee period)

Interest Rate Bonuses

• 10 year - 1%
• 9 year - 4%
• 8 year - 1.5%
• 7 year - 1%
• 5 year - 1%
• Additional Rate Bonus: 1% for amounts over $100,000. Applies to all guarantee periods. The six-year guarantee period does not currently offer an interest rate bonus.

Interest Rate Guarantee

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

Guarantee Period

• Six guarantee periods: 5-, 6-, 7-, 8-, 9-, and 10-year periods. At the end of the guarantee period there is the option to renew for the same guarantee period or within 30 calendar days after the end of the guarantee period, select a different guarantee period. If no selection is made, a guarantee period for the same duration as the previous one will automatically be made.

Withdrawal Charges

• If money is withdrawn from an account within 30 calendar days after the end of the guarantee period, no withdrawal charge will be assessed.

Partial Withdrawals

• Yes. Withdrawals above free amount are subject to surrender charges. No minimum size requirements.

MVA Formula

• The market value adjustment (MVA) applies to withdrawals made prior to the last day of a guarantee period. The MVA does not apply for a transaction effective during the 30-day "window" after the end of a guarantee period. The MVA is applied to amounts withdrawn in excess of the free withdrawal amount and may adjust the amount payable up or down, or not at all. The MVA reflects the changes in interest rates since the beginning of the relevant guarantee period.
• The formula used to determine the MVA is: MVA = .9 x [ I - (J + .0025)] x N
• I = Treasury Rate for a maturity equal to the relevant Guarantee Period for the week preceding the beginning of the Guarantee Period
• J = Treasury Rate for a maturity equal to the relevant Guarantee Period for the week preceding our receipt of your withdrawal request. However, J is limited to 3 percent above or below I for the market value adjustment, regardless of the current interest crediting rate
• N = number of whole and partial years from the date we receive your request until the end of the relevant Guarantee Period
• RMDs and SEPPs will be allowed per standard procedures. Any applicable MVAs and withdrawal charges would be waived on RMDs. Charges would not be waived on SEPPs.

Free Look Period

• 20 days

Surrender Value

• Greater of:
• Account Value with market value adjustment and withdrawal charges,
• A minimum Guaranteed Contract Value, equal to premiums paid less withdrawals, accumulated at 1.5% interest, less any applicable withdrawal charges.

Death Benefit

• Contract value, less any applicable premium tax, 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 (MVA still applies) 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 for 90 days or more