----

|   | UNITED      STATES |
|--------|--------------------|

|   | SECURITIES      AND EXCHANGE COMMISSION |
|--------|-----------------------------------------|

|   | WASHINGTON,      D.C. 20549 |
|--------|-----------------------------|

|   | FORM      N-4 |
|--------|---------------|

| REGISTRATION      STATEMENT UNDER THE SECURITIES ACT OF 1933         |
|----------------------------------------------------------------------|
| Pre-Effective      Amendment No.                                     |   |   |   |
| Post-Effective      Amendment No.                                    | 19 |   | X |
| and/or                                                               |   |
| REGISTRATION      STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940 |   |
| Amendment      No.                                                   | 279 |   | X |

| It      is proposed that this filing will become effective (check the appropriate      box): |
|----------------------------------------------------------------------------------------------|
|                                                                                         | immediately      upon filing pursuant to paragraph (b) of Rule 485 |
|                                                                                         | on      (date) pursuant to paragraph (b) of Rule 485 |
| x                                                                                            | 60      days after filing pursuant to paragraph (a)(1) of Rule  485 |
|                                                                                         | on      (date) pursuant to paragraph (a)(1) of Rule 485 |
| If      appropriate, check the following:                                                    |
|                                                                                         | this      post-effective amendment designates a new effective date for a previously      filed post-effective amendment. |
| Approximate      Date of the Proposed Public Offering: May 1, 2010                           |
| Titles      of Securities Being Registered                                                   | Individual      Flexible Purchase Payment Variable Deferred Annuity    Contracts |

----

|   | PART      A – PROSPECTUS |
|--------|--------------------------------|

----

|   | THE      ALLIANZ VISIONSM      VARIABLE ANNUITY CONTRACT |
|--------|----------------------------------------------------------|

|   | ISSUED      BY |
|--------|----------------|

|   | ALLIANZ      LIFE®      VARIABLE ACCOUNT B |
|--------|-------------------------------------------------|

|   | AND |
|--------|-----|

|   | ALLIANZ      LIFE INSURANCE COMPANY OF NORTHAMERICA |
|--------|-----------------------------------------------------|

----

----

| AIM                                                  | DREYFUS                                                            | PIMCO                                                            |
|------------------------------------------------------|--------------------------------------------------------------------|------------------------------------------------------------------|
| AZL®      AIM International Equity Fund         | AZL®      Dreyfus Equity Growth Fund                          | PIMCO      VIT All Asset Portfolio                               |
|                                                 |                                                               | PIMCO      VIT CommodityRealReturn®      Strategy Portfolio |
| ALLIANZ      FUND OF FUNDS                           | EATON      VANCE                                                   | PIMCO      VIT Emerging Markets Bond Portfolio                   |
| AZL      Allianz Global Investors SelectSM      Fund | AZL®      Eaton Vance Large Cap Value Fund                    | PIMCO      VIT Global Bond Portfolio (Unhedged)                  |
| AZL      Balanced Index StrategySM      Fund         |                                                               | PIMCO      VIT Global Multi-Asset Portfolio                      |
| AZL      FusionSM      Balanced Fund                 | FRANKLIN      TEMPLETON                                            | PIMCO      VIT High Yield Portfolio                              |
| AZL      FusionSM      Conservative Fund             | AZL® Franklin      Small Cap Value Fund                  | PIMCO      VIT Real Return Portfolio                             |
| AZL      FusionSM      Growth Fund                   | AZL® Franklin      Templeton Founding Strategy Plus Fund | PIMCO      VIT Total Return Portfolio                            |
| AZL      FusionSM      Moderate Fund                 | Franklin      High Income Securities Fund                          |                                                             |
| AZL      Moderate Index StrategySM      Fund         | Franklin      Income Securities Fund                               | SCHRODER                                                         |
|                                                 | Franklin      Templeton VIP Founding Funds Allocation Fund         | AZL®      Schroder Emerging Markets Equity Fund             |
| BLACKROCK                                            | Franklin      U.S. Government Fund                                 |                                                             |
| AZL®      BlackRock Capital Appreciation Fund   | Franklin      Zero Coupon Fund 2010(2)                             | TURNER                                                           |
| AZL®      International Index Fund              | Mutual      Global Discovery Securities Fund                       | AZL®      Turner Quantitative Small Cap Growth Fund         |
| AZL®      Money Market Fund                     | Mutual      Shares Securities Fund                                 |                                                             |
| AZL®      S&P 500 Index Fund                | Templeton      Global Bond Securities Fund                         | VAN      KAMPEN                                                  |
| AZL®      Small Cap Stock Index Fund            | Templeton      Growth Securities Fund                              | AZL®      Van Kampen Equity and Income Fund                 |
| BlackRock      Global Allocation V.I. Fund           |                                                               | AZL®      Van Kampen Global Real Estate Fund                |
|                                                 | J.P.      MORGAN                                                   | AZL®      Van Kampen Growth and Income Fund                 |
| COLUMBIA                                             | AZL®      JPMorgan U.S. Equity Fund                           | AZL®      Van Kampen International Equity Fund              |
| AZL®      Columbia Mid Cap Value Fund           |                                                               | AZL®      Van Kampen Mid Cap Growth Fund                    |
| AZL®      Columbia Small Cap Value Fund         | MFS                                                                |                                                             |
|                                                 | AZL®      MFS Investors Trust Fund                            |                                                             |
| DAVIS                                                |                                                               |                                                             |
| AZL®      Davis NY Venture Fund                 | OPPENHEIMER      CAPITAL                                           |                                                             |
| Davis      VA Financial Portfolio                    | AZL®      OCC Growth Fund                                     |                                                             |
|                                                 | AZL®      OCC Opportunity Fund                                |                                                             |
|                                                 | OpCap      Mid Cap Portfolio(1)                                    |                                                             |
|                                                 |                                                               |                                                             |
|                                                 |                                                               |                                                             |
|                                                 |                                                               |                                                             |
|                                                 |                                                               |                                                             |
|                                                 |                                                               |                                                             |

| (1) | A      fund of the Premier VITseries. |
|-----|---------------------------------------|

| (2) | Not      available after December 17, 2010. See section 4, Investment Options for      further information. |
|-----|-------------------------------------------------------------------------------------------------------------|

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|   | TABLE      OF CONTENTS |
|--------|------------------------|

| Fee Tables6Contract Owner Transaction      Expenses 6Contract Owner Periodic      Expenses 6Annual Operating Expenses of the Investment      Options 8Examples81.The Variable      Annuity Contract10Ownership112.Purchase12Purchase      Payments 12Automatic Investment Plan      (AIP) 13Allocation of Purchase      Payments 13Tax-Free Section 1035      Exchanges 14Faxed      Applications 14Free Look/Right to      Examine 14Accumulation Units/Computing the Contract      Value 143.The Annuity      Phase15Income Date 15AnnuityPayments 16Partial      Annuitization 17Annuity Options 184.Investment      Options20Substitution and Limitation on Further      Investments 26Transfers26Excessive Trading and Market      Timing 28Dollar Cost Averaging (DCA)      Program 29Flexible      Rebalancing 30Financial Advisers – Asset Allocation      Programs 31Voting      Privileges 315.Our General      Account326.Expenses32Mortality and Expense Risk (M&E)      Charges 32Rider Charges 33Contract Maintenance      Charge 34Withdrawal      Charge 34Transfer Fee 37Premium Taxes 38Income Taxes 38Investment Option      Expenses 387.Taxes38Annuity Contracts in      General 38Qualified      Contracts 39Multiple      Contracts 40Partial 1035      Exchanges 40Distributions – Non-Qualified      Contracts 40Distributions – Qualified      Contracts 41Assignments, Pledges and Gratuitous      Transfers 42Death Benefits 42Withholding42Federal Estate      Taxes 42Generation-Skipping Transfer      Tax 43Foreign Tax      Credits 43 | Annuity Purchases by Nonresident Aliens and      Foreign Corporations 43Possible Tax Law      Changes 43Diversification 43Required      Distributions 438.Access to      Your Money44Free Withdrawal      Privilege 45Waiver of Withdrawal Charge      Benefit 46Systematic Withdrawal      Program 46The Minimum Distribution Program and Required      Minimum Distribution (RMD) Payments 47Suspension of Payments or      Transfers 479.Illustrations4710.Death      Benefit47Traditional Death      Benefit 48Traditional Death Benefit      Example 49Death of the Owner and/or      Annuitant 49Death Benefit Payment      Options 5211.Selection of      Optional Benefits53Optional Benefit      Overview 53Benefit      Selection 53Replacing the Optional      Benefits 5511.a The Investment      Protector 55Adding the Investment Protector to Your      Contract 56Removing the Investment Protector      fromYour Contract 56The Target Value      Dates 57Calculating the Target      Value 58Examples of the Target Value      Calculations59Investment Option Allocation and Transfer      Restrictions and Quarterly Rebalancing 61Determining the Maximum Allowable and Minimum      Required Group Allocation 64Determining the Required Group      Allocation64Examples of Quarterly      Rebalancing 66Termination of the Investment      Protector 6911.b The Income      Protector 69Adding the Income Protector to Your      Contract 70Removing the Income Protector from Your      Contract 70Who is Considered a Covered      Person(s)?71Lifetime Plus Payment      Overview 72Requesting Lifetime Plus      Payments 73Calculating Your Lifetime Plus      Payments74Automatic Annual Payment Increases to the Lifetime      Plus Payments 75Lifetime Plus Payment      Examples 76The BenefitBase 77The Quarterly Anniversary      Value 78The Annual      Increase 79Example of the Annual      Increase 80 |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| Investment Option Allocation and Transfer      Restrictions and Quarterly Rebalancing 81Taxation of Lifetime Plus      Payments 82Termination of the Income      Protector 8211.c Other Optional      Benefits 83Quarterly Value Death      Benefit 83Bonus Option 86Short Withdrawal Charge      Option 87No Withdrawal Charge      Option 8712.Other      Information87Allianz Life87The Separate      Account 87Distribution88Additional Credits for Certain      Groups 89Administration/Allianz Service      Center 89Legal      Proceedings 90Financial      Statements 9013.Table of      Contents of the Statement of Additional Information      (SAI)9014.Privacy and      Security Statement91Appendix A – Annual Operating Expenses for Each      Investment Option 93Appendix B – Condensed Financial      Information 97Appendix C – Rider Charge      Examples 98Example of Rider Charge Calculation Under the      Investment Protector 98Example of Rider Charge Calculation Under the      Income Protector 99Example of the Effect of a Withdrawal on the Rider      Charge Calculation Under the Income      Protector 100Example of the Effect of an Annual Payment      Increase to Lifetime Plus Payments on the Rider Charge Calculation under      the Income Protector 100Appendix D – Withdrawal Charge      Examples 102Appendix E – The Target Date      Benefits 104Removing a Target Date Benefit from Your      Contract 105The Target Value      Date 105Calculating the Target      Value 106Investment Option Allocation and Transfer      Restrictions and Quarterly Rebalancing 108Determining the Maximum Allowable and Minimum      Required Group Allocation 111Determining the Required Group      Allocation112Examples of Quarterly      Rebalancing 114Termination of a Target Date      Benefit 117 | Appendix F – The Lifetime      Benefits 117Removing one of the Lifetime Benefits      fromYour Contract 119Who is Considered a Covered      Person(s)?120If You Begin Receiving Lifetime Plus      Payments 121Lifetime Plus      Payments 123Automatic Annual Payment Increases to      theLifetime Plus      Payments 127The Benefit      Base 130The Quarterly Anniversary      Value 131Calculating The 5% Annual Increase Under the      Lifetime Plus Benefit 131Manual Resets of the 5% Annual Increase Under the      Lifetime Plus Benefit 132Calculating the Enhanced 10-Year Value Under the      Lifetime Plus Benefit 133Examples of the 5% Annual Increase and      theEnhanced 10-Year Value Calculation Under the      Lifetime Plus Benefit 134Calculating The Enhanced 5% Annual      IncreaseUnder the Lifetime Plus II Benefit 135Automatic Resets of the Enhanced 5% Annual      Increase Under the Lifetime Plus II Benefit 137Calculating the Enhanced 10-Year Value Under the      Lifetime Plus II Benefit 137The Highest Annual Increase Under      theLifetime Plus II Benefit 138Example of the Highest Annual Increase Under the      Lifetime Plus II Benefit 138Calculating The 10% Annual Increase Under      theLifetime Plus 10      Benefit 140Example of the 10% Annual Increase Calculation      Under the Lifetime Plus 10 Benefit 142Investment Option Allocation and Transfer      Restrictions and Quarterly Rebalancing 143Taxation of Lifetime Plus      Payments 144Termination of a Lifetime      Benefit 145Appendix G – Previous Versions of the Investment      Protector and Income Protector 146Investment      Protector 146Income      Protector 146Glossary147For Service or More      Information 150 |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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|   | FEE      TABLES |
|--------|-----------------|

| Number      of Complete Years Since We Received Your Purchase      Payment | Withdrawal      Charge Amount             |
|----------------------------------------------------------------------------|-------------------------------------------|
| Base      Contract(3)                                                      | Contract      with theBonus Option(4),(5) | Contract      with theShort Withdrawal Charge      Option(4) | Contract      with theNo Withdrawal Charge      Option(4) |
| 0                                                                          | 8.5%                                      | 8.5% | 8.5% | 0% |
| 1                                                                          | 8.5%                                      | 8.5% | 7.5% | 0% |
| 2                                                                          | 7.5%                                      | 8.5% | 5.5% | 0% |
| 3                                                                          | 6.5%                                      | 8% | 3% | 0% |
| 4                                                                          | 5%                                        | 7% | 0% | 0% |
| 5                                                                          | 4%                                        | 6% | 0% | 0% |
| 6                                                                          | 3%                                        | 5% | 0% | 0% |
| 7                                                                          | 0%                                        | 4% | 0% | 0% |
| 8                                                                          | 0%                                        | 3% | 0% | 0% |
| 9      years or more                                                       | 0%                                        | 0% | 0% | 0% |

|   | Transfer Fee(6)$25 |
|--------|--------------------|

|   | Premium Taxes(7)0%      to 3.5% |
|--------|---------------------------------|

|   | Contract Maintenance      Charge(8)$50 |
|--------|----------------------------------------|

|  (1) | The      free withdrawal privilege for each Contract Year is equal to 12% of your      total Purchase Payments, less any previous withdrawals taken under the      free withdrawal privilege or as required minimum distribution payments in      that same Contract Year. We will not deduct a withdrawal charge from      amounts withdrawn under the free withdrawal privilege. There is no free      withdrawal privilege during the Annuity Phase or while you are receiving      Lifetime Plus Payments. Any unused free withdrawal privilege in one      Contract Year does not carry over to the next Contract Year. For more      details and additional information on other penalty-free withdrawal      options, please see the discussion of the free withdrawal privilege and      other information that appears in section 8, Access to Your Money; and      section 11.b, The IncomeProtector. |
|-----------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2) | The      total amount under your Contract that is subject to a withdrawal charge is      the Withdrawal Charge Basis. The Withdrawal Charge Basis is equal to the      total Purchase Payments, less any Purchase Payments withdrawn (excluding      any penalty-free withdrawals), less any withdrawal      charges. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (3) | In      Mississippi, the withdrawal charge is 8.5%, 7.5%, 6.5%, 5.5%, 5%, 4%, 3%,      and 0% for the time periods referenced. For more information, please see      section 6, Expenses – WithdrawalCharge. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (4) | Some      or all of the optional benefits may not be available to you; check with      your registered representative. For information on when you can add any of      the optional benefits to your Contract, or which optional benefits you can      combine please see section 11, Selection of Optional      Benefits. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (5) | In      Connecticut, the withdrawal charge is 8.5%, 8.5%, 8%, 7%, 6%, 5%, 4%, 3%,      2% and 0% for the time periods referenced. In Mississippi, the withdrawal      charge is 8%, 8%, 8%, 8%, 7%, 6%, 5%, 3.5%, 1.5% and 0% for the time      periods referenced. For more information, please see section 6, Expenses –      Withdrawal Charge. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (6) | The      first twelve transfers in a Contract Year are free. We do not count any      transfers made under the dollar cost averaging or flexible rebalancing      programs, or a quarterly rebalancing transfer under the Investment      Protector or the Income Protector, against any free transfers we allow.      Currently, we deduct this fee only during the Accumulation Phase, but we      reserve the right to deduct this fee during the Annuity Phase. For more      information, please see section 6, Expenses – Transfer      Fee. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (7) | It      is our current practice not to make deductions from the Contract to      reimburse ourselves for premium taxes that we pay, although we reserve the      right to make such a deduction in the future. For more information, please      see section 6, Expenses – PremiumTaxes. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| (8) | We      waive this charge during the Accumulation Phase if the Contract Value (or      Bonus Value, if applicable) is at least $100,000 at the time we are to      deduct the charge. If the total Contract Value (or Bonus Value) for all      your Contracts that are registered with the same social security number is      at least $100,000, we waive the charge on all of your Contracts. We waive      this charge during the Annuity Phase if your Contract Value on the Income      Date is at least $100,000. For more information, please see section 6,      Expenses – Contract MaintenanceCharge. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                                                                                                                                                                              | Mortality and Expense Risk      (M&E) Charge(9) | Rider Charge(10)        during theAccumulation      Phase(11) |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-----------------------------------------------------|--------------------------------------------------------------------|
|                                                                                                                                                                              | Accumulation      Phase                             | AnnuityPhase(12)                                                   | Current for the (05.10)      Benefit(13) | Maximum |
| Base      Contract                                                                                                                                                                | 1.40%                                               | 1.40%                                                              | NA | NA |
| Additional Charges for Optional      Benefits(14)                                                                                                                                 |                                                |                                                               |   |   |
| Quarterly Value Death      Benefit(15)                                                                                                                                            | 0.30%                                               | NA                                                                 | NA | NA |
| Bonus Option(16)                                                                                                                                                                  | 0.30%                                               | 0.30%                                                              | NA | NA |
| Short Withdrawal Charge      Option(15)                                                                                                                                           | 0.25%                                               | NA                                                                 | NA | NA |
| No Withdrawal Charge      Option(15)                                                                                                                                              | 0.35%                                               | NA                                                                 | NA | NA |
| Investment      Protector(15)                                                                                                                                                     | NA                                                  | NA                                                                 | 0.90% | 2.50% |
| Income      Protector(15)Single      Lifetime Plus PaymentsJoint      Lifetime Plus Payments                                                                                      | NANA                                                | NANA                                                               | 1.05%1.20% | 2.50%2.75% |
| Maximum charge for a Contract      with the Quarterly Value Death Benefit, the No Withdrawal Charge Option,      and joint Lifetime Plus Payments under the Income      Protector | 2.05%                                               | 1.40%                                                              | NA | 2.75% |

| (9) | The      M&E charge is an annualized rate that is realized on a daily basis as      a percentage of the net asset value of an Investment Option, and we use      that net asset value to calculate the Accumulation Unit value during the      Accumulation Phase and the Annuity Unit value during the Annuity Phase. We      assess an M&E charge during the Annuity Phase on any Contract Value      you apply to variable Annuity Payments; there is no M&E charge during      the Annuity Phase on any Contract Value you apply to fixed Annuity      Payments. For more information, please see section 6, Expenses – Mortality      and Expense Risk (M&E)Charge. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (10) | The      rider charge is an annualized rate that is accrued on a daily basis as a      percentage of the Target Value under the Investment Protector, or as a      percentage of the Benefit Base under the Income Protector. We calculate      the rider charge daily beginning on the day after the rider effective      date. We assess the rider charge quarterly and we deduct it for each      quarter on the earlier of the following: at the end of the Business Day      immediately before the Quarterly Anniversary; or when we deduct the final      rider charge. The rider charge reduces the Contract Value (and Bonus      Value, if applicable), but not any of the guaranteed values under the      optional benefits (for example, it does not reduce the Target Value or      Benefit Base). For more information, please see section 6, Expense – Rider      Charge. |
|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (11) | We      do not assess a rider charge during the Annuity Phase, but we do continue      to assess the rider charge after Lifetime Plus Payments begin as long as      your Contract Value ispositive. |
|------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (12) | The      Contract allows Partial Annuitization. It is possible for different      portions of the Contract to be in both the Accumulation and Annuity Phases      at the same time and have different M&E charges. For example, if you      have a Contract with the Quarterly Value Death Benefit and request a      variable Partial Annuitization we would assess an annual M&E charge of      1.40% on the annuitized portion of the Contract, and an annual M&E      charge of 1.70% on the portion that has not been annuitized. For more      information, see section 3, The Annuity Phase – Partial      Annuitization. |
|------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (13) | We      reserve the right to change the rider charge on each Quarterly Anniversary      that the benefit is in effect, subject to the maximum rider charges.      However, in any twelve-month period we cannot increase the rider charge      for the Investment Protector more than 0.35% and we cannot increase the      rider charge for the Income Protector more than 0.50%. If we increase the      rider charge for your selected benefit, we will notify you in writing and      allow you to terminate your benefit before the increase takes effect. For      more information, please see section 6, Expense – Rider      Charge. |
|------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (14) | The      additional rider charges listed here for the optional benefits apply to      benefits that you select while this prospectus is in effect. Any benefits      you add to your Contract in the future will be subject to the current and      maximum rider charges that are applicable at that time. Some or all of the      optional benefits may not be available to you; check with your registered      representative. For information on when you can add any of the optional      benefits to your Contract or which optional benefits you can combine,      please see section 11, Selection of Optional    Benefits. |
|------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (15) | The      additional charges associated with the optional benefits will continue      during the Accumulation Phase until the earlier of the benefit’s      termination or when your Contract Value is reduced to      zero. |
|------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (16) | During      the Accumulation Phase, the additional M&E charge for the Bonus Option      will continue until your Contract Value is reduced to zero. If you take      variable Annuity Payments during the Annuity Phase, the additional M&E      charge for the Bonus Option will continue until your variable Annuity      Payments terminate. |
|------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|                                                                                                                                                                                           | Minimum | Maximum |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------|---------|
| Total      annual Investment Option operating expenses*(including      management fees, distribution or 12b-1 fees,and      other expenses) before fee waivers and expense      reimbursements | _____%  | _____%  |

| * | Some      of the Investment Options or their affiliates may also pay service fees to      us or our affiliates. The amount of these fees may be different for each      Investment Option. The maximum current fee is 0.25%. The amount of these      fees, if deducted from Investment Option assets, is reflected in the above      table and is disclosed in Appendix A. Appendix A also contains more      details regarding the annual operating expenses for each of the Investment      Options, including the amount and effect of any waivers and/or      reimbursements. |
|---|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   | a) | Maximum      charges for a Contract with the Quarterly Value Death Benefit, the No      Withdrawal Charge Option, and joint Lifetime Plus Payments under the      Income Protector assuming the Annual Increase Percentage that we use to      calculate the Annual Increase under the Benefit Base is 8% (which carries      the highest potential charge of a 2.05% M&E charge and a 2.75% maximum      rider charge). |
|--------|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | b) | Current      charges for a Contract with the Quarterly Value Death Benefit, the No      Withdrawal Charge Option, and  joint Lifetime Plus Payments      under the Income Protector(1)      assuming the Annual Increase Percentage that we use to calculate the      Annual Increase under the Benefit Base is 8% (which carries an M&E      charge of 2.05% and a rider charge of  1.20%). |
|--------|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | c) | The      Base Contract (which carries the lowest potential charge of a 1.40%      M&E charge). |
|--------|----|----------------------------------------------------------------------------------------------------|

| Total      annual Investment Option operating expensesbefore      any fee waivers or expense reimbursements of: |   | 1      Year | 3      Years | 5      Years | 10      Years |
|-----------------------------------------------------------------------------------------------------------------|--------|-------------|--------------|--------------|---------------|
| ____%      (the maximum Investment Option operating expense)                                                    | a)     | $           | $            | $            | $             |
| b)                                                                                                              | $      | $           | $            | $            |
| c)                                                                                                              | $      | $           | $            | $            |
| ____%      (the minimum Investment Option operating expense)                                                    | a)     | $           | $            | $            | $             |
| b)                                                                                                              | $      | $           | $            | $            |
| c)                                                                                                              | $      | $           | $            | $            |

| Total      annual Investment Option operating expensesbefore      any fee waivers or expense reimbursements of: |   | 1      Year | 3      Years | 5      Years | 10      Years |
|-----------------------------------------------------------------------------------------------------------------|--------|-------------|--------------|--------------|---------------|
| ____%      (the maximum Investment Option operating expense)                                                    | a)     | $           | $            | $            | $             |
| b)                                                                                                              | $      | $           | $            | $            |
| c)                                                                                                              | $      | $           | $            | $            |
| ____%      (the minimum Investment Option operating expense)                                                    | a)     | $           | $            | $            | $             |
| b)                                                                                                              | $      | $           | $            | $            |
| c)                                                                                                              | $      | $           | $            | $            |

| (1) | We      reserve the right to change the rider charge for this benefit on each      Quarterly Anniversary that the benefit is in effect subject to the maximum      charge. If we increase the rider charge for your selected benefit, we will      notify you in writing. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2) | Annuity      Payments are generally not available until after the second Contract      Anniversary in most states. |
|-----|--------------------------------------------------------------------------------------------------------------------|

----

| 1. | THE      VARIABLE ANNUITY CONTRACT |
|----|------------------------------------|

| · | The      Business Day before the Income Date if you take a Full      Annuitization. |
|--------|-------------------------------------------------------------------------------------|

| · | The      Business Day we process your request for a full  withdrawal. |
|--------|-----------------------------------------------------------------------|

| · | Upon      the death of any Owner (or the Annuitant if the Contract is owned by a      non-individual), it will terminate on the Business Day we receive in Good      Order at our Service Center, both due proof of death and an election of      the death benefit payment option, unless the spouse of the deceased      continues the Contract. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | the      Accumulation Phase has terminated, |
|--------|---------------------------------------------|

| · | the      Annuity Phase, if any, has terminated  and/or |
|--------|--------------------------------------------------------|

| · | all      applicable death benefit payments have been  made. |
|--------|-------------------------------------------------------------|

----

| · | The      withdrawal charge schedule. |
|--------|--------------------------------------|

| · | Availability      of Investment Options, Annuity Options, endorsements, and/or      riders. |
|--------|---------------------------------------------------------------------------------------------|

| · | Free      look rights. |
|--------|------------------------|

| · | Selection      of certain Income Dates. |
|--------|-----------------------------------------|

| · | Restrictions      on your ability to make additional Purchase  Payments. |
|--------|--------------------------------------------------------------------------|

| · | Selection      of certain assumed investment rates for variable Annuity      Payments. |
|--------|----------------------------------------------------------------------------------------|

| · | Our      ability to restrict transferrights. |
|--------|----------------------------------------------|

----

| 2. | PURCHASE |
|----|----------|

| · | If      you select the No Withdrawal Charge Option, the minimum initial payment we      will accept is $25,000. For all other Contracts, the minimum initial      payment we will accept is $10,000. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | If your Contract includes the      Investment Protector or Income Protector, we restrict the amount of      additional Purchase Payments we will accept each rider year without prior      approval to your initial amount. Your initial amount is equal to      all Purchase Payments received before the first Quarterly Anniversary. For      the first rider year, if your rider effective date is the Issue Date, we      allow additional Purchase Payments on or after the first Quarterly      Anniversary and before the first rider anniversary up to your initial      amount. Also, under the Investment Protector we will not accept additional      Purchase Payments on or after the third rider anniversary, and under the      Income Protector we will not accept additional Purchase Payments on or      after the Benefit Date that you begin receiving Lifetime Plus Payments. If      you remove the Investment Protector or Income Protector from your      Contract, these restrictions will no longer  apply. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | If      your Contract does not include the Investment Protector or the Income      Protector, you can make additional Purchase Payments of $50 or more during      the Accumulation Phase. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | In certain states (such as      Mississippi), additional Purchase Payments can only be made during the      first Contract Year or may be otherwise restricted. You also cannot      make any additional Purchase Payments after the Income Date that you take      a Full Annuitization (including a required Full Annuitization on the      maximum permitted IncomeDate). |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | The      maximum total amount we will accept without our prior approval is $1      million including amounts already invested in other Allianz Life variable      annuities. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

----

| · | you      might have to pay a withdrawal charge on your previous      contract, |
|--------|--------------------------------------------------------------------------------|

| · | there      will be a new withdrawal charge period for this  Contract, |
|--------|-----------------------------------------------------------------------|

| · | other      charges under this Contract may be higher (or  lower), |
|--------|-------------------------------------------------------------------|

| · | the      benefits may be different, and |
|--------|-----------------------------------------|

| · | you      will no longer have access to any benefits from your previous      contract. |
|--------|---------------------------------------------------------------------------------------|

----

| · | dividing      the net asset value of a subaccount at the end of the current Business Day      by the net asset value of the subaccount at the end of the immediately      preceding Business Day, |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | adding      any applicable dividends or capital gains,and |
|--------|-----------------------------------------------------------|

| · | multiplying      this result by one minus the amount of the M&E charge for the current      Business Day, and any additional calendar days since the immediately      preceding Business Day. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | On      Wednesday, we receive at our Service Center an additional Purchase Payment      of $3,000 from you before the end of the Business  Day. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------|

| · | When      the New York Stock Exchange closes on that Wednesday, we determine that      the value of an Accumulation Unit based on the Investment Option you chose      is $13.25. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3. | THE      ANNUITY PHASE |
|----|------------------------|

| * | In      Florida, the earliest acceptable Income Date is one year after the Issue      Date. |
|---|---------------------------------------------------------------------------------------------|

----

| · | annual      fixed Annuity Payments under Annuity Option 1 based on the Contract Value;      or |
|--------|------------------------------------------------------------------------------------------------|

| · | the      current annual maximum Lifetime Plus Payment available to      you. |
|--------|------------------------------------------------------------------------------|

| · | annual      fixed Annuity Payments under Annuity Option 3 based on the Contract Value;      or |
|--------|------------------------------------------------------------------------------------------------|

| · | the      current annual maximum Lifetime Plus Payment available to      you. |
|--------|------------------------------------------------------------------------------|

| · | a      variable payout, |
|--------|-------------------------|

| · | a      fixed payout, or |
|--------|-------------------------|

| · | a      combination of both. |
|--------|-----------------------------|

| · | The      Contract Value on the IncomeDate. |
|--------|--------------------------------------------|

| · | The      age of the Annuitant and any joint Annuitant on the Income      Date. |
|--------|--------------------------------------------------------------------------------|

| · | The      gender of the Annuitant and any joint Annuitant, where      permitted. |
|--------|---------------------------------------------------------------------------------|

| · | The      Annuity Option you select. |
|--------|-------------------------------------|

| · | The      assumed investment rate (AIR) youselect. |
|--------|---------------------------------------------------|

| · | The      mortality table specified in the  Contract. |
|--------|------------------------------------------------------|

----

| * | The      maximum available AIR in Florida is 4%, and the maximum AIR in Oregon is      5%. |
|---|--------------------------------------------------------------------------------------------|

| · | Under      Annuity Options 1 and 3, the death of the last surviving      Annuitant. |
|--------|-------------------------------------------------------------------------------------|

| · | Under      Annuity Options 2 and 4, the death of the last surviving Annuitant and      expiration of the guaranteed period. If we make a lump sum payment of the      remaining guaranteed Annuity Payments at the death of the last surviving      Annuitant, this portion of the Contract will terminate upon payment of the      lump sum. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | Under      Annuity Option 5, the death of the Annuitant and payment of any lump sum      refund. |
|--------|--------------------------------------------------------------------------------------------------|

| · | Contract      termination. |
|--------|----------------------------|

----

----

| (A)  = | Annuity      Unit value of the subaccount for that given Investment Option when due      proof of the Annuitant’s death is received at our Service      Center. |
|------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (B)  = | The      amount applied to variable Annuity Payments on the Income      Date. |
|------------------|-------------------------------------------------------------------------------|

| (C)  = | Allocation      percentage in a given subaccount (in decimal form) when due proof of the      Annuitant’s death is received at our Service  Center. |
|------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------|

| (D)  = | The      number of Annuity Units used in determining each variable Annuity Payment      attributable to that given subaccount when due proof of the Annuitant’s      death is received at our ServiceCenter. |
|------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (E)  = | Dollar      value of first variable AnnuityPayment. |
|------------------|-----------------------------------------------------|

| (F)  = | Number      of variable Annuity Payments made since the Income  Date. |
|------------------|-----------------------------------------------------------------------|

| · | The      Contract has one Owner who is a 65-year-old male. He selects variable      Annuity Payments under Annuity Option 5 based on a Contract Value of      $100,000 (item “B”). |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | The      Owner who is also the Annuitant allocates all the Contract Value to one      Investment Option, so the allocation percentage in this subaccount is 100%      (item “C”). |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | The      purchase rate for the selected assumed investment rate is $6.15 per month      per thousand dollars of Contract Value annuitized. Therefore, the first      variable Annuity Payment is:  $6.15 x ($100,000 / $1,000) = $615      (item “E”). |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | Assume      the Annuity Unit value on the Income Date is $12, then the number of      Annuity Units used in determining each Annuity Payment is:  $615      / $12 = 51.25 (item “D”). |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | The      Owner who is also the Annuitant dies after receiving 62 Annuity Payments      (item “F”) and the Annuity Unit value for the subaccount on the date the      Service Center receives due proof of death is $10 (item    “A”). |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| 4. | INVESTMENT      OPTIONS |
|----|-------------------------|

----

|   | INVESTMENT      OPTIONS |
|--------|-------------------------|

| Investment      Management CompanyandAdviser/Subadviser                                                                                                   | Name      of Investment Option                                   | Asset      Category                                | Objective(s)                                                                                                                               | Primary      Investments(Normal      market conditions)                                                                                                                                                                                                                                                                                                                                                                                                         |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------|------------------------------------------------------------------|----------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| AIM                                                                                                                                                       |
| Managed      by Allianz Investment Management LLC/Invesco Aim Capital Management,      Inc.                                                               | AZL      AIM International Equity Fund                           | International                                      | Long-term      growth of capital                                                                                                           | At      least 80% of its assets in a diversified portfolio of international equity      securities whose issuers are considered by the fund’s subadviser to have      strong earnings momentum.                                                                                                                                                                                                                                                           |
| ALLIANZ      FUND OF FUNDS                                                                                                                                |
| Managed      by Allianz Investment Management LLC                                                                                                         | AZL      Allianz Global Investors Select Fund                    | A      “Fund of Funds” Model Portfolio | Long-term      capital appreciation with preservation of capital as an important      consideration                                        | Normally      invests in a combination of AGI Mutual Funds, with 45% to 65% of the      fund’s assets allocated to equity investments and 35% to 55% allocated to      fixed income investments.                                                                                                                                                                                                                                                          |
|                                                                                                                                                      | AZL      Balanced Index Strategy Fund                            | A      “Fund of Funds” Model Portfolio | Long-term      capital appreciation with preservation of capital as an important      consideration                                        | Invests      primarily in a combination of five underlying bond and equity index funds,      to achieve a range generally from 40% to 60% of assets in the underlying      equity index funds and 40% to 60% in the underlying bond index      fund.                                                                                                                                                                                                            |
|                                                                                                                                                      | AZL      Fusion Balanced Fund                                    | A      “Fund of Funds” Model Portfolio | Long-term      capital appreciation with preservation of capital as an important      consideration                                        | Allocation      among the underlying investments, to achieve a range generally from 40% to      60% of assets in equity funds with the remaining balance invested in fixed      income funds.                                                                                                                                                                                                                                                                   |
|                                                                                                                                                      | AZL      Fusion Conservative Fund                                | A      “Fund of Funds” Model Portfolio | Long-term      capital appreciation with preservation of capital as an important      consideration                                        | Allocation      among the underlying investments, to achieve a range generally from 25% to      45% of assets in equity funds with the remaining balance invested in fixed      income funds.                                                                                                                                                                                                                                                                   |
|                                                                                                                                                      | AZL      Fusion Growth Fund                                      | A      “Fund of Funds” Model Portfolio | Long-term      capital appreciation                                                                                                        | Allocation      among the underlying investments, to achieve a range generally from 70% to      90% of assets in equity funds with the remaining balance invested in fixed      income funds.                                                                                                                                                                                                                                                                   |
|                                                                                                                                                      | AZL      Fusion Moderate Fund                                    | A      “Fund of Funds” Model Portfolio | Long-term      capital appreciation                                                                                                        | Allocation      among the underlying investments, to achieve a range generally from 55% to      75% of assets in equity funds with the remaining balance invested in fixed      income funds.                                                                                                                                                                                                                                                                   |
|                                                                                                                                                      | AZL      Moderate Index Strategy Fund                            | A      “Fund of Funds” Model Portfolio | Long-term      capital appreciation                                                                                                        | Invests      primarily in a combination of five underlying bond and equity index funds,      to achieve a range generally from 55% to 75% of assets in the underlying      equity index funds and 25% to 45% in the underlying bond index      fund.                                                                                                                                                                                                            |
| BLACKROCK                                                                                                                                                 |
| Managed      by Allianz Investment Management LLC/BlackRock Capital Management,      Inc.                                                                 | AZL      BlackRock Capital Appreciation Fund                     | Large      Growth                                  | Long-term      growth of capital                                                                                                           | Invests      at least 80% of total assets in common and preferred stock and securities      convertible into common and preferred stock of mid-size and large-size      companies.                                                                                                                                                                                                                                                                              |
| Managed      by Allianz Investment Management LLC/BlackRock Investment Management,      LLC                                                               | AZL      International Index Fund                                | International                                      | Match      the performance of the MSCI EAFE®      Index as closely as possible                                                        | Invests      at least 80% of its assets in a statistically selected sampling of equity      securities of companies included in the Morgan Stanley Capital      International Europe, Australia and Far East Index (MSCI EAFE) and in      derivative instruments linked to the MSCI EAFE    index.                                                                                                                                                             |
| Managed      by Allianz Investment Management LLC/BlackRock Institutional Management      Corporation                                                     | AZL      Money Market Fund                                       | Cash      Equivalent                               | Current      income consistent with stability of principal                                                                                 | Invests      in a broad range of short-term, high quality U.S. dollar-denominated money      market instruments, including government, U.S. and foreign bank,      commercial and other obligations. During extended periods of low interest      rates, and due in part to contract fees and expenses, the yield of the AZL      Money Market Fund may also become extremely low and possibly      negative.                                                   |
| Managed      by Allianz Investment Management LLC/BlackRock Investment Management,      LLC                                                               | AZL      S&P 500 Index Fund                                  | Large      Blend                                   | Match      total return of the S&P 500®                                                                                           | Normally      invests in all 500 stocks in the S&P 500® in proportion to their      weighting in the index.                                                                                                                                                                                                                                                                                                                                            |
|                                                                                                                                                      | AZL      Small Cap Stock Index Fund                              | Small      Cap                                     | Match      performance of the S&P SmallCap 600 Index®                                                                             | Invests      in a representative sample of stocks included in the S&P SmallCap 600      Index®,      and in futures whose performance is related to the index, rather than      attempt to replicate the index.                                                                                                                                                                                                                                        |
| Managed      by BlackRock Advisors, LLC/BlackRock Investment Management, LLC and      BlackRock International Limited                                     | BlackRock      Global Allocation V.I. Fund                       | Specialty                                          | High      total investment return                                                                                                          | Invests      in both equity and debt securities of issuers located around the world to      achieve a combination of capital growth and  income.                                                                                                                                                                                                                                                                                                                |
| COLUMBIA                                                                                                                                                  |
| Managed      by Allianz Investment Management LLC/Columbia Management Advisors,      LLC                                                                  | AZL      Columbia Mid Cap Value Fund                             | Mid      Cap                                       | Long-term      growth of capital                                                                                                           | Invests      at least 80% of net assets in equity securities of companies that have      market capitalizations in the range of the companies in the Russell      Midcap® Value Index at the time of purchase that the fund’s subadviser      believes are undervalued and have the potential for long-term      growth.                                                                                                                             |
|                                                                                                                                                      | AZL      Columbia Small Cap Value Fund                           | Small      Cap                                     | Long-term      capital appreciation                                                                                                        | Invests      at least 80% of net assets in equity securities of companies with market      capitalizations in the range of the companies in the Russell 2000 Value      Index® at the time of purchase that the subadviser believes are      undervalued.                                                                                                                                                                                                  |
| DAVIS                                                                                                                                                     |
| Managed      by Allianz Investment Management LLC/Davis Selected Advisers,      L.P.                                                                      | AZL      Davis NY Venture Fund                                   | Large      Value                                   | Long-term      growth of capital                                                                                                           | Invests      the majority of assets in equity securities issued by large companies with      market capitalizations of at least  $10 billion.                                                                                                                                                                                                                                                                                                              |
| Managed      by Davis Advisors                                                                                                                            | Davis      VA Financial Portfolio                                | Specialty                                          | Long-term      growth of capital                                                                                                           | At      least 80% of net assets in securities issued by companies principally      engaged in the financial services sector.                                                                                                                                                                                                                                                                                                                                    |
| DREYFUS                                                                                                                                                   |
| Managed      by Allianz Investment Management LLC/The Dreyfus      Corporation                                                                            | AZL      Dreyfus Equity Growth Fund                              | Large      Growth                                  | Long-term      growth of capital and income                                                                                                | Primarily      invests in common stocks of large, well-established and mature companies.      Normally invests at least 80% of its net assets in stocks that are      included in a widely recognized index of stock market performance. May      invest in non-dividend paying companies if they offer better prospects for      capital appreciation. May invest up to 30% of its total assets in foreign      securities.                                    |
| EATON      VANCE                                                                                                                                          |
| Managed      by Allianz Investment Management LLC/Eaton Vance      Management                                                                             | AZL      Eaton Vance Large Cap Value Fund                        | Large      Value                                   | Total      Return                                                                                                                          | Invests      at least 80% of net assets in equity securities, primarily in      dividend-paying stocks, of large-cap companies with market capitalizations      equal to or greater than the median capitalization of companies included      in the Russell 1000 Value Index. May invest up to 25% of total assets in      foreign securities, including emerging market      securities.                                                                      |
| FRANKLIN      TEMPLETON                                                                                                                                   |
| Managed      by Allianz Investment Management LLC/Franklin Advisory Services,      LLC                                                                    | AZL      Franklin Small Cap Value Fund                           | Small      Cap                                     | Long-term      total return                                                                                                                | Under      normal market conditions, invests at least 80% of its net assets in      investments of small capitalization companies similar to those that      comprise the Russell 2500™ Index at the time of      investment.                                                                                                                                                                                                                             |
| Managed      by Allianz Investment Management LLC/Franklin Mutual Advisers, LLC,      Templeton Global Advisors Limited, and Franklin Advisers,      Inc. | AZL      Franklin Templeton Founding Strategy Plus Fund          | Specialty                                          | Long-term      capital appreciation, with income as a secondary    goal                                                                    | Invests      in a combination of subportfolios or strategies, each of which is managed      by an asset manager that is part of Franklin    Templeton.                                                                                                                                                                                                                                                                                                          |
| Managed      by Franklin Advisers, Inc.                                                                                                                   | Franklin      High Income Securities Fund                        | High-Yield      Bonds                              | High      current income with capital appreciation as a secondary      goal                                                                | Invests      primarily to predominantly in debt securities offering high yield (“junk      bonds”) and expected total return.                                                                                                                                                                                                                                                                                                                       |
|                                                                                                                                                      | Franklin      Income Securities Fund                             | Specialty                                          | Maximize      income while maintaining prospects for capital      appreciation                                                             | Normally      invests in debt and equity securities, including corporate, foreign and      U.S. Treasury bonds and stocks with dividend yields the manager believes      are attractive.                                                                                                                                                                                                                                                                        |
| Administered      by Franklin Templeton Services, LLC                                                                                                     | Franklin      Templeton VIP Founding Funds Allocation Fund       | Model      Portfolio(Fund      of Funds)           | Capital      appreciation with income as a secondary goal.                                                                                 | Invests      equal portions in Class 1 shares of the Franklin Income Securities Fund,      Mutual Shares Securities Fund, and Templeton Growth Securities      Fund.                                                                                                                                                                                                                                                                                            |
| Managed      by Franklin Advisers, Inc.                                                                                                                   | Franklin      U.S. Government Fund                               | Short-Term      Bonds                              | Income                                                                                                                                     | At      least 80% of its net assets in U.S. government securities and normally      invests primarily in fixed and variable rate mortgage-backed      securities.                                                                                                                                                                                                                                                                                               |
|                                                                                                                                                      | Franklin      Zero Coupon Fund 2010                              | Intermediate-Term      Bonds                       | As      high an investment return as is consistent with capital      preservation                                                          | Normally      invests at least 80% of its net assets in zero coupon debt securities. The      fund will mature in December of 2010 and will then no longer be available      as an Investment Option under the Contract. For additional information      regarding the maturity of the fund, please see the Franklin Zero Coupon      Fund prospectus.                                                                                                          |
| Managed      by Franklin Mutual Advisers, LLC/Franklin Templeton Investment Management      Limited                                                       | Mutual      Global Discovery Securities Fund                     | International      Equity                          | Capital      appreciation                                                                                                                  | Invests      primarily in U.S. and foreign equity securities that the manager believes      are undervalued. The fund also invests, to a lesser extent, in risk      arbitrage securities and distressed companies.                                                                                                                                                                                                                                             |
| Managed      by Franklin Mutual Advisers, LLC                                                                                                             | Mutual      Shares Securities Fund                               | Large      Value                                   | Capital      appreciation, with income as a secondary goal                                                                                 | Invests      primarily in U.S. and foreign equity securities that the manager believes      are undervalued. The fund also invests, to a lesser extent, in risk      arbitrage securities and distressed companies.                                                                                                                                                                                                                                             |
| Managed      by Franklin Advisers, Inc.                                                                                                                   | Templeton      Global Bond Securities Fund                       | Intermediate-Term      Bonds                       | High      current income, consisent with preservation of capital, with capital      appreciation as a secondary consideration              | Normally      invests at least 80% of its net assets in bonds, which include debt      securities of any maturity, such as bonds, notes, bills and debentures.      The fund may invest a portion of its total assets in bonds rated below      investment grade and a significant portion of its assets in foreign      securities.                                                                                                                            |
| Managed      by Templeton Global Advisors Limited/Templeton Asset Management      Ltd.                                                                    | Templeton      Growth Securities Fund                            | International      Equity                          | Long-term      capital growth                                                                                                              | Normally      invests primarily in equity securities of companies located anywhere in      the world, including those in the U.S. and in emerging      markets.                                                                                                                                                                                                                                                                                                 |
| J.P.      MORGAN                                                                                                                                          |
| Managed      by Allianz Investment Management LLC/J.P. Morgan Investment Management,      Inc.                                                            | AZL      JPMorgan U.S. Equity Fund                               | Large      Blend                                   | High      total return                                                                                                                     | Invests      at least 80% of its net assets, plus any borrowings for investment      purposes, primarily in equity securities of large- and      medium-capitalization U.S. companies.                                                                                                                                                                                                                                                                          |
| MFS                                                                                                                                                       |
| Managed      by Allianz Investment Management LLC/Massachusetts Financial Services      Company                                                           | AZL      MFS Investors Trust Fund                                | Large      Blend                                   | Capital      appreciation                                                                                                                  | Invests      primarily in equity securities of companies with large capitalizations      that the subadviser believes has above average earnings growth potential,      are undervalued, or is a combination of both.                                                                                                                                                                                                                                           |
| OPPENHEIMER      CAPITAL                                                                                                                                  |
| Managed      by Allianz Investment Management LLC/ Oppenheimer Capital      LLC                                                                           | AZL      OCC Growth Fund                                         | Large      Growth                                  | Long-term      growth of capital with income as an incidental      consideration                                                           | Invests      at least 65% of its assets in common stocks of “growth” companies, defined      as having above-average growth prospects, with market capitalizations of      at least $5 billion.                                                                                                                                                                                                                                                     |
|                                                                                                                                                      | AZL      OCC Opportunity Fund                                    | Small      Cap                                     | Capital      appreciation                                                                                                                  | At      least 65% of its assets in common stocks of “growth” companies with market      capitalizations of less than $2 billion at the time of      investment.                                                                                                                                                                                                                                                                                     |
| Managed      by Allianz Global Investors Fund Management LLC                                                                                              | OpCap      Mid Cap Portfolio                                     | Mid      Cap                                       | Long-term      capital appreciation                                                                                                        | Invests      at least 80% of its net assets in equity securities of companies with      market capitalizations between $500 million and $15 billion at the time of      purchase that the adviser believes are undervalued in the      marketplace.                                                                                                                                                                                                             |
| PIMCO                                                                                                                                                     |
| Managed      by Pacific Investment Management Company LLC                                                                                                 | PIMCO      VIT All Asset Portfolio                               | Specialty(Fund      of Funds)                      | Maximum      real return consistent with preservation of real capital and prudent      investment management                               | Invests      in institutional class shares of the underlying PIMCO Funds and does not      invest directly in stocks or bonds of other  issuers.                                                                                                                                                                                                                                                                                                                |
|                                                                                                                                                      | PIMCO      VIT CommodityRealReturn®      Strategy Portfolio | Specialty                                          | Maximum      real return consistent with prudent investment      management                                                                | Invests      in commodity linked derivative instruments backed by a portfolio of      inflation-indexed securities and other fixed income      securities.                                                                                                                                                                                                                                                                                                      |
|                                                                                                                                                      | PIMCO      VIT Emerging Markets Bond Portfolio                   | Intermediate-Term      Bonds                       | Maximum      total return, consistent with preservation of capital and prudent      investment management                                  | At      least 80% of its assets in fixed income instruments of issuers that      economically are tied to countries with emerging securities      markets.                                                                                                                                                                                                                                                                                                      |
|                                                                                                                                                      | PIMCO      VIT Global Bond Portfolio (Unhedged)                  | Intermediate-Term      Bonds                       | Maximum      total return, consistent with preservation of capital and prudent      investment management                                  | At      least 80% of its assets in fixed income instruments of issuers in at least      three countries (one of which may be the U.S.), which may be represented      by futures contracts. May invest, without limitation, in securities of      issuers in emerging market countries.                                                                                                                                                                         |
|                                                                                                                                                      | PIMCO      VIT Global Multi-Asset Portfolio                      | Specialty                                          | Total      return which exceeds a 60% MSCI World Index/40% Barclays Capital U.S.      Aggregate Index blend                                | Invests      in a combination of affiliated and unaffiliated funds, fixed income      instruments, equity securities, forwards and derivatives. Typically      invests 20% to 80% of total assets in equity-related      investments.                                                                                                                                                                                                                           |
|                                                                                                                                                      | PIMCO      VIT High Yield Portfolio                              | High-Yield      Bonds                              | Maximum      total return, consistent with preservation of capital and prudent      investment management                                  | At      least 80% of assets in a diversified portfolio of high-yield securities      (“junk bonds”) rated below investment grade, but at least Caa by Moody’s      or equivalently rated by S&P or Fitch. May invest up to 20% of total      asets in securities denominated in foreign    currencies.                                                                                                                                    |
|                                                                                                                                                      | PIMCO      VIT Real Return Portfolio                        | Intermediate-Term      Bonds                       | Maximum      real return, consistent with preservation of real capital and prudent      investment management                              | At      least 80% of its net assets in inflation-indexed bonds of varying      maturities issued by the U.S. and non-U.S. governments, their agencies or      instrumentalities and corporations.                                                                                                                                                                                                                                                               |
|                                                                                                                                                      | PIMCO      VIT Total Return Portfolio                            | Intermediate-Term      Bonds                       | Maximum      total return, consistent with preservation of capital and prudent      investment management                                  | At      least 65% of total assets in a diversified portfolio of fixed income      instruments of varying maturities, which may be represented by forwards or      derivatives such as options, futures contracts, or swap      agreements.                                                                                                                                                                                                                      |
| SCHRODER                                                                                                                                                  |
| Managed      by Allianz Investment Management LLC/Schroder Investment Management North      America Inc.                                                  | AZL      Schroder Emerging Markets Equity Fund                   | Specialty                                          | Capital      appreciation                                                                                                                  | Invests      at least 80% of its net assets in equity securities of companies that the      subadviser believes to be “emerging market” issuers. May invest remainder      of assets in securities of issuers located anywhere in the      world.                                                                                                                                                                                                   |
| TURNER                                                                                                                                                    |
| Managed      by Allianz Investment Management LLC/Turner Investment Partners,      Inc.                                                                   | AZL      Turner Quantitative Small Cap Growth Fund               | Small      Cap                                     | Long-term      growth of capital                                                                                                           | At      least 80% of its net assets in common stocks and other equity securities      of U.S. companies with small market capitalizations that the subadviser      believes, based on a quantitative model, have strong earnings growth      potential. Small capitalization companies are defined as companies with      market capitalizations, at the time of purchase, in the range of companies      included in the Russell 2000® Growth Index. |
| VAN      KAMPEN                                                                                                                                           |
| Managed      by Allianz Investment Management LLC/Van Kampen Asset      Management                                                                        | AZL      Van Kampen Equity and Income Fund                       | Specialty                                          | Highest      possible income consistent with safety of principal with long-term growth      of capital as an important secondary objective | Invests      at least 65% of its total assets in income-producing equity securities and      also invests in investment grade quality debt securities. May invest up to      25% ot total assets in foreign securities, including emerging market      securities.                                                                                                                                                                                              |
|                                                                                                                                                      | AZL      Van Kampen Global Real Estate Fund                      | Specialty                                          | Income      and capital appreciation                                                                                                       | Invests      at least 80% of assets in equity securities of companies in the real      estate industry located throughout the world, including real estate      investment trusts and real estate operating companies established outside      the U.S.                                                                                                                                                                                                         |
|                                                                                                                                                      | AZL      Van Kampen Growth and Income Fund                       | Large      Value                                   | Income      and long-term growth of capital                                                                                                | Invests      at least 65% of total assets in income-producing equity securities,      including common stocks and convertible securities; also in      non-convertible preferred stocks and debt securities rated “investment      grade.” May invest  up to 25% of total assets in foreign      securities, including emerging marketsecurities.                                                                                         |
| Managed      by Allianz Investment Management LLC/Morgan Stanley Investment Management,      Inc.                                                         | AZL      Van Kampen International Equity Fund                    | International                                      | Long      term capital appreciation                                                                                                        | Invests      at least 80% of assets in a diversified portfolio of equity securities of      issuers selected from a universe comprised of approximately 1,200      companies in non-U.S. markets.                                                                                                                                                                                                                                                               |
| Managed      by Allianz Investment Management LLC/Van Kampen Asset      Management                                                                        | AZL      Van Kampen Mid Cap Growth Fund                          | Mid      Cap                                       | Capital      growth                                                                                                                        | At      least 80% of net assets in common stocks and other equity securities of      mid capitalization growthcompanies.                                                                                                                                                                                                                                                                                                                                        |

----

| · | The      minimum amount that you can transfer is $1,000 or the entire amount in the      Investment Option, if less. We waive this requirement if the transfer is      made under the dollar cost averaging or flexible rebalancing programs, or      the allocation and transfer restrictions for the Investment Protector or      the Income Protector. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | We      may choose not to allow you to make transfers during the free      look/right-to-examine period. |
|--------|----------------------------------------------------------------------------------------------------------|

| · | Your      request for a transfer must clearlystate: |
|--------|-----------------------------------------------------|

|   | – | which      Investment Options are involved in the transfer;  and |
|--------|---------|------------------------------------------------------------------|

|   | – | how      much you wish to transfer. |
|--------|---------|-------------------------------------|

| · | After      the Income Date, you cannot make a transfer from a fixed Annuity Payment      stream to a variable Annuity Paymentstream. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------|

----

| · | After      the Income Date, you can make a transfer from a variable Annuity Payment      stream to establish a new fixed Annuity Payment  stream. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------|

| · | Your      right to make transfers is subject to modification if we determine, in our      sole discretion, that exercise of the right by one or more Owners is, or      may be, to the disadvantage of other Owners. For more information, see the      “Excessive Trading and Market Timing” discussion in this      section. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | Transfer      instructions apply equally to the accumulation and annuitization portions      of the Contract. You cannot make transfers selectively within different      portions of the Contract. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | Transfers      of Contract Value between Investment Options will not change the      allocation instructions for any future Purchase Payments. In addition,      transfers of Contract Value between Investment Options will not change how      we rebalance your Contract Value on each Quarterly Anniversary if your      Contract includes the Investment Protector or the Income Protector. Under      these optional benefits, in order to change the quarterly rebalancing of      your Contract Value when you make a transfer, you must also change your      allocation instructions. (For more information, please see “Investment      Option Allocation and Transfer Restrictions and Quarterly Rebalancing” in      section 11.a, The Investment Protector, and section 11.b, The Income      Protector.) |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| · | Dilution      of the interests of long-term investors in an Investment Option, if market      timers or others transfer into the Investment Option at prices that are      below their true value or transfer out of the Investment Option at prices      that are higher than their truevalue. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | An      adverse effect on portfolio management, such as causing the Investment      Option to maintain a higher level of cash than would otherwise be the      case, or causing the Investment Option to liquidate investments      prematurely. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | Increased      brokerage and administrativeexpenses. |
|--------|------------------------------------------------------|

| · | Limiting      the frequency of transfers (for example, prohibit more than one transfer a      week, or more than two a month,etc.). |
|--------|-------------------------------------------------------------------------------------------------------------------------------------|

| · | Restricting      the method of making a transfer (for example, requiring that all transfers      be sent by first class U.S. mail and rescinding the telephone, fax or      website transfer privileges). |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | Requiring      a minimum time period between each transfer into or out of a particular      Investment Option. Our current policy, which is subject to change without      notice, prohibits “round trips” within 14 calendar days. We do not include      transfers into and/or out of the following Investment Options when      available in your Contract: any fixed option, the AZL Money Market Fund,      and Investment Options offered through the Allianz Variable Insurance      Products Fund of Funds Trust. Round trips are transfers into and back out      of a particular Investment Option, or transfers out of and back into a      particular InvestmentOption. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | Not      accepting transfer requests made on your behalf by an asset allocation      and/or market timing service. |
|--------|--------------------------------------------------------------------------------------------------------------------|

| · | Limiting      the dollar amount of any Purchase Payment or transfer request allocated to      any Investment Option at any onetime. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------|

| · | Imposing      redemption fees on short-term trading (or implementing and administering      redemption fees imposed by one or more of the Investment      Options). |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | Prohibiting      transfers into specific InvestmentOptions. |
|--------|-------------------------------------------------------------|

| · | Imposing      other limitations or restrictions. |
|--------|--------------------------------------------------|

----

| · | Our      monitoring will be 100% successful in detecting all potentially disruptive      trading activity. |
|--------|------------------------------------------------------------------------------------------------------------|

| · | Revoking      telephone, fax or website transfer privileges will successfully deter all      potentially disruptive trading. |
|--------|------------------------------------------------------------------------------------------------------------------------------|

----

| · | the      DCA program period (which is either six or 12 months)  ends; |
|--------|-----------------------------------------------------------------------|

| · | on      the Benefit Date you begin receiving Lifetime Plus Payments if your      Contract includes the IncomeProtector; |
|--------|-------------------------------------------------------------------------------------------------------------------------|

| · | you      request to terminate the program (your request must be received at our      Service Center by the first of the month to terminate that month);      and |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | your      Contract terminates. |
|--------|--------------------------------|

----

| · | You      are permitted to cast votes based on the dollar value of the Investment      Option’s shares that we hold for your Contract in the corresponding      subaccount. We calculate this value based on the number of      Accumulation/Annuity Units allocated to your Contract on the record date      and the value of each unit on that date. We count fractional      votes. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | We      will determine the number of shares that you can  vote. |
|--------|-----------------------------------------------------------------|

| · | You      will receive any proxy materials and a form to give us voting instructions      as well as periodic reports relating to the Investment Options in which      you have an interest. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| 5. | OUR      GENERAL ACCOUNT |
|----|--------------------------|

| 6. | EXPENSES |
|----|----------|

|                                          | M&E      Charge     |
|-----------------------------------------------|-------------------------|
|                                          | Accumulation      Phase | Annuity      Phase |
| Base      Contract                            | 1.40%                   | 1.40% |
| Additional      Charges for Optional Benefits |                    |   |
| Quarterly      Value Death Benefit            | 0.30%                   | NA |
| Bonus      Option                             | 0.30%                   | 0.30% |
| Short      Withdrawal Charge Option           | 0.25%                   | NA |
| No      Withdrawal Charge Option              | 0.35%                   | NA |

----

| · | our      contractual obligation to make AnnuityPayments, |
|--------|----------------------------------------------------------|

| · | the      death, income, and withdrawal benefits under the  Contract, |
|--------|----------------------------------------------------------------------|

| · | certain      expenses related to the Contract,and |
|--------|---------------------------------------------------|

| · | for      assuming the risk (expense risk) that the current charges will be      insufficient in the future to cover the cost of administering the      Contract. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                                                                                     | Rider      Charge during the Accumulation Phase |
|------------------------------------------------------------------------------------------|-------------------------------------------------|
|                                                                                     | Maximum                                         | Minimum      for the(05.10)      Benefit | Current      for the(05.10)      Benefit |
| Investment      Protector                                                                | 2.50%                                           | 0.50% | 0.90% |
| Income      ProtectorSingle      Lifetime Plus PaymentsJoint      Lifetime Plus Payments | 2.50%2.75%                                      | 0.50%0.50% | 1.05%1.20% |

----

----

| 1. | First,      we withdraw any Purchase Payments that are beyond the withdrawal charge      period shown in your Contract (for example, if you have a Base Contract,      Purchase Payments that we have had for seven or more complete years). We      do not assess a withdrawal charge on these Purchase    Payments. |
|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2. | Then,      we withdraw any Purchase Payments that are under the free withdrawal      privilege and we do not assess a withdrawal charge. However, the free      withdrawal privilege is not available if you are taking a full withdrawal.      For more information, see section 8, Access to Your Money – Free      Withdrawal Privilege. |
|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3. | Next,      on a FIFO basis, we withdraw Purchase Payments that are within the      withdrawal charge period shown in your Contract. We do assess a withdrawal      charge on these Purchase Payments, but we withdraw them on a FIFO basis,      which may help reduce the total withdrawal charge you will pay because the      withdrawal charge declines over time. We determine your total withdrawal      charge by multiplying each of these payments by the applicable withdrawal      charge percentage and then totaling thecharges. |
|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4. | Finally,      we withdraw any Contract earnings. Bonuses (if applicable) and any      earnings thereon are treated as earnings under the Contract for purposes      of the withdrawal charge. We do not assess a withdrawal charge on Contract      earnings. |
|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| Number      of Complete Years Since We Received Your Purchase      Payment | Withdrawal      Charge Amount         |
|----------------------------------------------------------------------------|---------------------------------------|
| Base      Contract(1)                                                      | Contract      with theBonus Option(2) | Contract      with theShort      Withdrawal Charge Option | Contract      with theNo      Withdrawal Charge Option |
| 0                                                                          | 8.5%                                  | 8.5% | 8.5% | 0% |
| 1                                                                          | 8.5%                                  | 8.5% | 7.5% | 0% |
| 2                                                                          | 7.5%                                  | 8.5% | 5.5% | 0% |
| 3                                                                          | 6.5%                                  | 8% | 3% | 0% |
| 4                                                                          | 5%                                    | 7% | 0% | 0% |
| 5                                                                          | 4%                                    | 6% | 0% | 0% |
| 6                                                                          | 3%                                    | 5% | 0% | 0% |
| 7                                                                          | 0%                                    | 4% | 0% | 0% |
| 8                                                                          | 0%                                    | 3% | 0% | 0% |
| 9      years or more                                                       | 0%                                    | 0% | 0% | 0% |

| (1) | In      Mississippi, the withdrawal charge is 8.5%, 7.5%, 6.5%, 5.5%, 5%, 4%, 3%,      and 0% for the time periodsreferenced. |
|-----|-------------------------------------------------------------------------------------------------------------------------------|

| (2) | In      Connecticut, the withdrawal charge is 8.5%, 8.5%, 8%, 7%, 6%, 5%, 4%, 3%,      2% and 0% for the time periods referenced. In Mississippi, the withdrawal      charge is 8%, 8%, 8%, 8%, 7%, 6%, 5%, 3.5%, 1.5% and 0% for the time      periods referenced. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | for      the Base Contract, when you withdraw a Purchase Payment that we have had      for seven complete years, |
|--------|------------------------------------------------------------------------------------------------------------------|

| · | for      a Contract with the Bonus Option, when you withdraw a Purchase Payment      that we have had for nine completeyears, |
|--------|-------------------------------------------------------------------------------------------------------------------------------|

| · | for      a Contract with the Short Withdrawal Charge Option, when you withdraw      Purchase Payments we have had for four complete years,  or |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------|

| · | if      you have a Contract with the No Withdrawal Charge  Option. |
|--------|--------------------------------------------------------------------|

----

| 1) | Purchase Payments that are      beyond the withdrawal charge period. All payments are still within      the withdrawal charge period so this does not  apply. |
|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2) | Amounts available under the      free withdrawal privilege. You have not taken any other withdrawals      this year so you can withdraw up to 12% of your total payments (or      $12,000) without incurring a withdrawalcharge. |
|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3) | Purchase Payments on a FIFO      basis. The total amount we deduct from the first Purchase Payment      is $30,000, which is subject to a 7.5% withdrawal charge, and we pay you      $27,750. We determine this amount asfollows: |
|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (amount      withdrawn) x (1 – withdrawal charge) = the amount you receive,      or: |
|--------|--------------------------------------------------------------------------------------------|

|   | $30,000      x 0.925 = $27,750. |
|--------|---------------------------------|

|   | Next      we determine how much we need to deduct from the second Purchase Payment.      So far we have deducted $39,750 ($12,000 under the partial withdrawal      privilege and $27,750 from the first Purchase Payment), so we would need      to deduct $12,250 from the second Purchase Payment to get you the $52,000      you requested. The second Purchase Payment is subject to an 8.5%      withdrawal charge. We calculate the total amount withdrawn and the      withdrawal charge you pay on this amount as  follows: |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (the      amount you receive) ÷ (1 – withdrawal charge) = amount withdrawn,      or: |
|--------|-------------------------------------------------------------------------------------------------|

|   | $12,250      ÷ 0.915 = $13,388 |
|--------|-------------------------------------|

| 4) | Contract earnings. As we      have already withdrawn your requested amount, this does not      apply. |
|----|-------------------------------------------------------------------------------------------------------|

----

| 7. | TAXES |
|----|-------|

----

| · | Traditional Individual      Retirement Annuity. Section 408 of the Code permits eligible      individuals to maintain Individual Retirement Annuities (IRAs). IRA      contributions are limited each year to the lesser of a dollar amount      specified in the Code or 100% of the amount of compensation included in      the Owner’s income. You cannot make contributions once the Owner reaches      age 70½. Contributions may be tax deductible based on the Owner’s income.      The limit on the amount contributed to an IRA does not apply to      distributions from certain other types of qualified plans that are “rolled      over” on a tax-deferred basis into an IRA. Purchasers of a Contract for      use with IRAs will have the right to revoke their purchase within seven      days of the earlier of the establishment of the IRA or their purchase. The      Internal Revenue Service (IRS) has not reviewed the Contract for      qualification as an IRA and has not issued a ruling as to whether a bonus      feature with a vesting schedule comports with IRA requirements. Consult      your tax adviser before purchasing a Contract with a Bonus      Option. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | Roth IRA.      Section 408A of the Code permits certain eligible individuals to      contribute to a Roth IRA. Contributions to a Roth IRA are limited each      year to the lesser of a dollar amount specified in the Code or 100% of the      amount of compensation included in the Owner’s income. Contributions are      also limited or prohibited if the Owner’s income is above certain limits.      Contributions must be made in cash or as a rollover or transfer from      another Roth IRA. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Conversions      to a Roth IRA from a Traditional IRA or other eligible qualified      retirement plan are permitted regardless of an individual’s income. A      conversion to a Roth IRA results in a taxable event, but not a 10% federal      penalty tax for early withdrawal if certain qualifications are met (please      consult your tax adviser for more  details). |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Distributions      from a Roth IRA generally are not subject to income tax if the Roth IRA      has been held for five years (starting with the year in which the first      contribution is made to any Roth IRA) and the Owner satisfies a triggering      event such as attaining age 59½, death, disability or a first time      homebuyer (subject to a $10,000 lifetime  limit). |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Distribution      before satisfying the five year period or triggering event requirement may      subject the distribution to ordinary income tax and the 10% federal      penalty tax for early withdrawal. Please be aware that each Roth IRA      conversion has its own five year holding period      requirement. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | Inherited IRA.      The Code permits beneficiaries of investments that were issued under      certain tax-qualified pension or retirement plans to directly transfer the      death benefit from that investment into a variable annuity contract      (Inherited IRA Contract). Inherited IRA contracts must satisfy the      required minimum distribution rules that apply to a beneficiary. Inherited      IRA contracts are not currently available under this Contract. However,      that may change in thefuture. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | Simplified Employee      Pension (SEP) IRA. Employers may establish Simplified Employee      Pension (SEP) IRAs under Code Section 408(k) to provide IRA contributions      on behalf of their employees. In addition to all of the general rules      governing IRAs, such plans are subject to additional requirements and      different contributionlimits. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | TSAs or 403(b)      Contracts. Section 403(b) of the Code allows employees of certain      Section 501(c)(3) organizations and public schools to exclude from their      gross income the purchase payments made, within certain limits, on a      contract that will provide an annuity for the employee’s retirement. As a      result of changes to the regulations regarding 403(b)/TSA contracts which      requires information sharing agreements between the financial organization      or insurance company and employers sponsoring 403(b)/TSA plans, these      plans are no longer offered with this Contract. However, that may change      in the future. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

----

| 1) | paid      on or after you reach age 59½; |
|----|-----------------------------------------------|

| 2) | paid      after you die; |
|----|--------------------------|

| 3) | paid      if you become totally disabled (as that term is defined in Section      72(m)(7) of the Code); |
|----|----------------------------------------------------------------------------------------------------------|

| 4) | paid      in a series of substantially equal payments made annually (or more      frequently) under a lifetimeannuity; |
|----|------------------------------------------------------------------------------------------------------------------------|

| 5) | paid      as annuity payments under an immediate annuity;  or |
|----|---------------------------------------------------------------|

| 6) | that      come from Purchase Payments made before August 14,  1982. |
|----|---------------------------------------------------------------------|

| 1) | distributions      made on or after the date you (or the Annuitant as applicable) reach age      59½; |
|----|------------------------------------------------------------------------------------------------------------|

| 2) | distributions      following your death or disability (or the Annuitant as applicable) (for      this purpose disability is as defined in Section 72(m)(7) of the      Code); |
|----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3) | after      separation from service, paid in a series of substantially equal payments      made annually (or more frequently) under a lifetime    annuity; |
|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4) | distributions      made to you to the extent such distributions do not exceed the amount      allowed as a deduction under Code Section 213 for amounts paid during the      tax year for medical care; |
|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 5) | distributions      made on account of an IRS levy upon the Qualified  Contract; |
|----|---------------------------------------------------------------------------------|

| 6) | distributions      from an IRA for the purchase of medical insurance (as described in Section      213(d)(1)(D) of the Code) for you and his or her spouse and dependents if      you have received unemployment compensation for at least 12 weeks (this      exception will no longer apply after you have been re-employed for at      least 60 days); |
|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 7) | distributions      from an IRA made to you, to the extent such distributions do not exceed      your qualified higher education expenses (as defined in Section 72(t)(7)      of the Code) for the tax year; |
|----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 8) | distributions      from an IRA which are qualified first-time homebuyer distributions (as      defined in Section 72(t)(8) of theCode); |
|----|-----------------------------------------------------------------------------------------------------------------------------------------|

| 9) | distributions      made to an alternate Payee pursuant to a qualified domestic relations      order (does not apply to an IRA);and |
|----|------------------------------------------------------------------------------------------------------------------------------------|

| 10) | a      reservist called to active duty during the period between September 11,      2001 and December 31, 2007, for a period in excess of 179 days (or for an      indefinite period), distributions from IRAs or amounts attributable to      elective deferrals under a 401(k) plan made during such active      period. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

----

----

| 8. | ACCESS      TO YOUR MONEY |
|----|---------------------------|

| · | by      taking a withdrawal; |
|--------|------------------------------|

| · | by      taking required minimum distributions (Qualified Contracts      only); |
|--------|--------------------------------------------------------------------------------|

| · | by      taking Annuity Payments; |
|--------|----------------------------------|

| · | when      we pay a death benefit; or |
|--------|--------------------------------------|

| · | by      taking Lifetime Plus Payments, ifavailable. |
|--------|-----------------------------------------------------|

| · | based      upon the number of Accumulation Units held by the Contract on that      Business Day and valued at the next available daily  price, |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------|

| · | less      any applicable withdrawal charge,and |
|--------|------------------------------------------------|

| · | less      any contract maintenance charge. |
|--------|--------------------------------------------|

| * | These      limitations do not apply to Lifetime Plus Payments, systematic      withdrawals, or required minimumdistributions. |
|---|-------------------------------------------------------------------------------------------------------------------------------|

----

| * | For      Contracts issued in Washington, we do reduce the Withdrawal Charge Basis      for penalty-free withdrawals. |
|---|----------------------------------------------------------------------------------------------------------------------|

| · | You      purchase a Contract with the Bonus Option and make an initial Purchase      Payment of $100,000. We apply a bonus to your Contract of      $6,000. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | You      request a $50,000 partial withdrawal (not including the withdrawal charge)      during the first Contract Year when the withdrawal charge is 8.5%. On the      day of (but before) the partial withdrawal, your Contract Value is      $110,600, the Bonus Value is $116,600, and your free withdrawal privilege      is $12,000. Your bonus has not vested at all at this time (see section      11.c, Other Optional Benefits – BonusOption). |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Calculating the total      withdrawal charge: |
|--------|-----------------------------------------------|

|   | Amount      requested that is subject to a withdrawal charge (amount requested minus      the free withdrawal privilege) |
|--------|--------------------------------------------------------------------------------------------------------------------------|

|   | =      $50,000 – $12,000 =$ 38,000.00 |
|--------|---------------------------------------------|

|   | Divided      by (1 minus the withdrawal charge percentage) = 1 – 0.085 =¸      0.915 |
|--------|-------------------------------------------------------------------------------------------------|

|   | Total      amount withdrawn that is subject to a withdrawal      charge$41,530.05 |
|--------|-----------------------------------------------------------------------------------|

|   | Total      withdrawal charge (amount withdrawn minus the amount requested) =      $41,530.05 - $38,000.00 =$      3,530.05 |
|--------|----------------------------------------------------------------------------------------------------------------------------|

|   | Reducing the Contract      Value: |
|--------|-----------------------------------|

|   | Contract      Value on the day of (but before) the partial      withdrawal$110,600.00 |
|--------|---------------------------------------------------------------------------------------|

|   | Minus      the total amount withdrawn (amount requested plus the total withdrawal      charge) |
|--------|------------------------------------------------------------------------------------------------|

|   | =      $50,000.00 + $3,530.05 =-      53,530.05 |
|--------|-------------------------------------------------|

|   | Contract      Value after the partial withdrawal$      57,069.95 |
|--------|------------------------------------------------------------------|

|   | Reducing the unvested      bonus: |
|--------|-----------------------------------|

|   | Amount      of the unvested bonus$ 6,000.00 |
|--------|---------------------------------------------|

|   | Multiplied      by the result of the total amount withdrawn, minus the free withdrawal      privilege, |
|--------|--------------------------------------------------------------------------------------------------------|

|   | divided      by the Contract Value on the day of (but before the partial      withdrawal) |
|--------|-------------------------------------------------------------------------------------------|

|   | =      ($53,530.05 – $12,000) / $110,600 =x      0.380 |
|--------|--------------------------------------------------------------|

|   | Reduction      in the unvested bonus due to the partial withdrawal (0.38 x $6,000)$      2,280 |
|--------|------------------------------------------------------------------------------------------------|

|   | Unvested      bonus after the partial withdrawal = $6,000 – $2,280 =$      3,720 |
|--------|----------------------------------------------------------------------------------------|

----

| * | For      Contracts issued in Washington, we do reduce the Withdrawal Charge Basis      for amounts withdrawn under the free withdrawal privilege and the free      withdrawal privilege is available upon a full  withdrawal. |
|---|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| * | For      Contracts issued in Washington, we do reduce the Withdrawal Charge Basis      for amounts withdrawn under thisbenefit. |
|---|---------------------------------------------------------------------------------------------------------------------------------|

----

| * | For      Contracts issued in Washington, we do reduce the Withdrawal Charge Basis      for RMD payments. |
|---|----------------------------------------------------------------------------------------------------------|

| · | the      New York Stock Exchange is closed (other than customary weekend and      holiday closings); |
|--------|------------------------------------------------------------------------------------------------------|

| · | trading      on the New York Stock Exchange isrestricted; |
|--------|-----------------------------------------------------------|

| · | an      emergency (as determined by the SEC) exists as a result of which disposal      of the Investment Option shares is not reasonably practicable or we cannot      reasonably value the Investment Option shares;  or |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | during      any other period when the SEC, by order, so permits for the protection of      Owners. |
|--------|----------------------------------------------------------------------------------------------------|

| * | Including      Lifetime Plus Payments, Excess Withdrawals, and/or Cumulative      Withdrawals. |
|---|------------------------------------------------------------------------------------------------|

| 9. | ILLUSTRATIONS |
|----|---------------|

| 10. | DEATH      BENEFIT |
|-----|--------------------|

----

| 1. | The      Contract Value, determined as of the end of the Business Day during which      we receive, in Good Order at our Service Center, both due proof of death      and an election of the death benefit payment option. If your Contract      includes the Investment Protector or the Income Protector, we will deduct      the final rider charge from the Contract Value before making this      determination. |
|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2. | The      Traditional Death Benefit value, which is the total of all Purchase      Payments received, reduced proportionately by the percentage of Contract      Value applied to a Partial Annuitization or withdrawn (including any      withdrawal charge) for each annuitization and/or withdrawal taken. We      determine the percentage of Contract Value at the end of each Business Day      we process an annuitization or withdrawal. Withdrawals include Lifetime      Plus Payments and any Excess Withdrawals, but do not include amounts      withdrawn for transfer fees or the contract maintenance or rider      charges. |
|----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | The      Business Day before the Income Date that you take a Full Annuitization,      including a required Full      Annuitization on the maximum permitted Income Date. For more      information, see section 3, The AnnuityPhase. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | The      Business Day that the Traditional Death Benefit value and Contract Value      are both zero. |
|--------|-------------------------------------------------------------------------------------------------------|

| · | Contract      termination. |
|--------|----------------------------|

----

| · | You      purchase a Base Contract with an initial Purchase Payment of $100,000. You      make no additional PurchasePayments. |
|--------|-------------------------------------------------------------------------------------------------------------------------------|

| · | You      take a partial withdrawal of $20,000 during the tenth Contract Year when      the Contract Value on the date of (but before the partial withdrawal) is      $160,000. The withdrawal charge period on the initial Purchase Payment has      expired, so there is no withdrawal charge on this partial withdrawal.      After we process the partial withdrawal the Contract Value is $140,000,      but it will fluctuate from this point on based on the performance of your      selected Investment Options. You take no other partial      withdrawals. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | We      calculate the death benefit on the tenth Contract Anniversary as the      greater of: |
|--------|-----------------------------------------------------------------------------------------------|

| 1) | The      current Contract Value  | $130,000 |
|----|---------------------------------------|----------|

| 2) | The      Traditional Death Benefitvalue: |
|----|------------------------------------------|

|   | Total      Purchase Paymentsreceived$100,000 |
|--------|----------------------------------------------|

|   | Reduced      proportionately by the percentage of Contract  Value |
|--------|-------------------------------------------------------------------|

|   | withdrawn      at the time you took the withdrawal during the tenth Contract      Year: |
|--------|-----------------------------------------------------------------------------------------|

|   | ($20,000      / $160,000) = 0.125 x $100,000 =-      12,500 |
|--------|-------------------------------------------------------------|

|   | $  87,500 |
|--------|---------------------|

| UPON      THE DEATH OF A SOLE OWNER                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| Action      under the portion of the Contract that is in the Accumulation      Phase                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          | Action      under any portion of the Contract applied toAnnuity      Payments |
| ·We will pay a      death benefit to the Beneficiary.(1)      For a description of the payout options, see the “Death Benefit Payment      Options” discussion later in this section.·If the      Contract includes the Income Protector and you      selected:–single      Lifetime Plus Payments, the benefit will terminate; or–joint      Lifetime Plus Payments, the benefit will terminate unless the deceased      Owner’s spouse continues the Contract. If the surviving spouse continues      the Contract after Lifetime Plus Payments have begun, then joint Lifetime      Plus Payments will continue at 100% of the amount that we were paying when      both Covered Persons were alive, or higher if      applicable. | ·The      Beneficiary becomes the Owner.·If the      deceased was not an Annuitant, Annuity Payments to the Payee will      continue. No death benefit is payable.·If the      deceased was the only surviving Annuitant, Annuity Payments to the Payee      will continue until that portion of the Contract terminates and will be      paid at least as rapidly as they were being paid at the Annuitant’s death.      For more information on when any portion of the Contract applied to      Annuity Payments terminates, see section 3, The Annuity Phase – Annuity      Payments. No death benefit is payable under Annuity Options 1 through 4.      However, there may be a lump sum refund due to the Payee under Annuity      Option 5. For more information, see section 3, The Annuity Phase – Annuity      Options.·If the      deceased was an Annuitant and there is a surviving joint Annuitant,      Annuity Payments to the Payee will continue during the lifetime of the      surviving joint Annuitant. No death benefit is    payable. |
| (1)If      the Beneficiary is the spouse of the deceased Owner, he or she may be able      to continue the Contract instead of receiving a death benefit payout. If      the Contract continues, we will increase the Contract Value to equal the      death benefit if that amount is greater than the Contract Value as of the      Business Day we receive in Good Order at our Service Center both due proof      of death and an election to continue the Contract on the death claim      form.                                                                                                                                                                                                                                                                         |

----

| UPON      THE DEATH OF A JOINT OWNER                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (NOTE:      We do not allow Joint Owners to take Partial      Annuitizations)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |
| Action      under the portion of the Contract that is in the Accumulation      Phase                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      | Action      under any portion of the Contract applied toAnnuity      Payments |
| ·The surviving      Joint Owner is the sole primary Beneficiary. If the Joint Owners were      spouses there may also be contingent Beneficiaries. However, for tax      reasons, we do not allow non-spousal Joint Owners to appoint contingent      Beneficiaries.·We will pay a      death benefit to the surviving Joint Owner.(1)      For a description of the payout options available, see the “Death Benefit      Payment Options” discussion later in this section.·If the      Contract includes the Income Protector and you      selected:–single      Lifetime Plus Payments and the Joint Owners were not spouses, the benefit      will terminate even if the Covered Person is still      alive;–single      Lifetime Plus Payments and the Joint Owners were spouses, the benefit will      terminate unless the surviving spouse, who is also the Joint Owner, is the      Covered Person and he or she elects to continue the Contract;(2)      or–joint      Lifetime Plus Payments, the benefit will terminate unless the surviving      spouse, who is also the Joint Owner, continues the Contract.(2)                                                                                                                                                                                               | ·The surviving      Joint Owner becomes the sole Owner.·If the      deceased was not an Annuitant, Annuity Payments to the Payee will      continue. No death benefit is payable.·If the      deceased was the only surviving Annuitant, Annuity Payments to the Payee      will continue until that portion of the Contract terminates and will be      paid at least as rapidly as they were being paid at the Annuitant’s death.      For more information on when any portion of the Contract applied to      Annuity Payments terminates, see section 3, The Annuity Phase – Annuity      Payments. No death benefit is payable under Annuity Options 1 through 4.      However, there may be a lump sum refund due to the Payee under Annuity      Option 5. For more information, see section 3, The Annuity Phase – Annuity      Options.·If the      deceased was an Annuitant and there is a surviving joint Annuitant,      Annuity Payments to the Payee will continue during the lifetime of the      surviving joint Annuitant. No death benefit is    payable. |
| (1)If      the surviving Joint Owner is the spouse of the deceased Owner, he or she      may be able to continue the Contract instead of receiving a death benefit      payout. If the Contract continues, we will increase the Contract Value to      equal the death benefit if that amount is greater than the Contract Value      as of the Business Day we receive in Good Order at our Service Center both      due proof of death and an election to continue the Contract on the death      claim form. If both spousal Joint Owners die before we pay the death      benefit, we will pay any contingent Beneficiaries or the estate of the      Joint Owner who died last if there are no contingent Beneficiaries. If the      Joint Owners were not spouses and they both die before we pay the death      benefit, for tax reasons, we will pay the estate of the Joint Owner who      died last.(2)If      the surviving spouse who is also the Joint Owner and a Covered Person      continues the Contract after Lifetime Plus Payments have begun, then      Lifetime Plus Payments will continue at 100% of the amount that we were      paying before the death of their spouse. For joint Lifetime Plus Payments,      the annual maximum payment may increase based on the age of the surviving      Covered Person and the current Contract  Value. |

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| UPON      THE DEATH OF THE ANNUITANT AND THERE IS NO SURVIVING JOINT      ANNUITANT                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| Action      under the portion of the Contract that is in the Accumulation      Phase                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 | Action      under any portion of the Contract applied toAnnuity      Payments |
| ·If the      Contract is owned by a non-individual (for example, a qualified plan or a      trust), we will treat the death of the Annuitant as the death of an Owner;      we will pay the Beneficiary(1) a death benefit, and a new Annuitant cannot      be named. If you selected single Lifetime Plus Payments under the Income      Protector, the benefit will terminate. If you selected joint Lifetime Plus      Payments, the benefit will terminate, unless the deceased Annuitant’s      spouse continues the Contract.·If the      deceased Annuitant was not an Owner, and the Contract is owned only by an      individual(s), no death benefit is payable. The Owner can name a new      Annuitant subject to our approval.·If the      deceased Annuitant was a sole Owner, we will pay the Beneficiary(1)      a death benefit.·If the      deceased Annuitant was a Joint Owner and there is a surviving Joint Owner,      the surviving Joint Owner is the sole primary Beneficiary. If the Joint      Owners were spouses, there may also be contingent Beneficiaries. However,      for tax reasons, we do not allow non-spousal Joint Owners to appoint      contingent Beneficiaries. We will pay a death benefit to the surviving      Joint Owner.(2)·If the      Contract includes the Income Protector and you      selected:–single      Lifetime Plus Payments and the Contract is solely owned or owned by a      non-individual, the benefit will terminate;–single      Lifetime Plus Payments and the Contract is jointly owned by non-spouses,      the benefit will terminate, even if the Covered Person is still      alive;–single      Lifetime Plus Payments and the Contract is jointly owned by spouses, the      benefit will terminate, unless the surviving spouse is also the Covered      Person and they elect to continue the Contract;(3)      or–joint      Lifetime Plus Payments, the benefit will terminate, unless the surviving      spouse continues the Contract.(3)·For a      description of the payout options, see the “Death Benefit Payment Options”      discussion later in this section. | ·Annuity      Payments to the Payee will continue until that portion of the Contract      terminates and will be paid at least as rapidly as they were being paid at      the Annuitant’s death. For more information on when any portion of the      Contract applied to Annuity Payments terminates, see section 3, The      Annuity Phase – Annuity Payments. No death benefit is payable under      Annuity Options 1 through 4. However, there may be a lump sum refund due      to the Payee under Annuity Option 5. For more information, see section 3,      The Annuity Phase – Annuity Options.·If the      deceased was a sole Owner, the Beneficiary will become the Owner if the      Contract continues.·If the      deceased was a Joint Owner, the surviving Joint Owner becomes the sole      Owner if the Contract continues. |
| (1)If      the Beneficiary is the spouse of the deceased Owner, he or she may be able      to continue the Contract instead of receiving a death benefit payout. If      the Contract continues, we will increase the Contract Value to equal the      death benefit if that amount is greater than the Contract Value as of the      Business Day we receive in Good Order at our Service Center both due proof      of death and an election to continue the Contract on the death claim      form.(2)If      the surviving Joint Owner is the spouse of the deceased Owner, he or she      may be able to continue the Contract instead of receiving a death benefit      payout. If the Contract continues, we will increase the Contract Value to      equal the death benefit if that amount is greater than the Contract Value      as of the Business Day we receive in Good Order at our Service Center both      due proof of death and an election to continue the Contract on the death      claim form. If both spousal Joint Owners die before we pay the death      benefit, we will pay any contingent Beneficiaries or the estate of the      Joint Owner who died last if there are no contingent Beneficiaries. If the      Joint Owners were not spouses and they both die before we pay the death      benefit, for tax reasons, we will pay the estate of the Joint Owner who      died last.(3)If      the surviving spouse is a Covered Person and he or she continues the      Contract after Lifetime Plus Payments have begun, then Lifetime Plus      Payments will continue at 100% of the amount that we were paying before      the death of their spouse. For joint Lifetime Plus Payments, the annual      maximum payment may increase based on the age of the surviving Covered      Person and the current ContractValue.                                                                                                                                                                                                                                                                                                                                                                        |

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| UPON      THE DEATH OF THE ANNUITANT AND THERE IS A SURVIVING JOINT      ANNUITANT                                                                                                                                                                                                                                                                                            |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (NOTE:      We do not allow joint Annuitants under a Partial Annuitization and we do      not allowjoint      Annuitants during the Accumulation Phase, so this can only occur under a      Full Annuitization)                                                                                                                                                               |
| Action      under the portion of the Contract that is in the Accumulation      Phase                                                                                                                                                                                                                                                                                          | Action      under any portion of the Contract applied toAnnuity      Payments |
| ·Only Annuity      Options 3 and 4 allow joint Annuitants. Under Annuity Options 3 and 4,      Annuity Payments to the Payee will continue during the lifetime of the      surviving joint Annuitant and, for Annuity Option 4, during any remaining      specified period of time. For more information, see section 3, The Annuity      Phase – Annuity Options. | ·No death      benefit is payable.·If the      deceased was a sole Owner, the Beneficiary will become the      Owner.·If the      deceased was a Joint Owner, the surviving Joint Owner becomes the sole      Owner. |

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| 11. | SELECTION      OF OPTIONAL BENEFITS |
|-----|-------------------------------------|

| · | Quarterly      Value Death Benefit. This benefit is designed for Owners who want      the ability to lock in market gains to provide an increased death benefit      for Beneficiaries. The death benefit provided by the Quarterly Value Death      Benefit will never be less than the Traditional Death Benefit, but they      may be equal. For more information, see section 11.c Other Optional      Benefits – Quarterly Value DeathBenefit. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | Bonus      Option. This benefit provides a 6% bonus on each Purchase Payment      received before the older Owner’s 81st birthday, subject to a three-year      vesting schedule. The bonus may be more than offset by the additional      M&E charge and longer withdrawal charge schedule associated with it,      and it is not included in any guaranteed values that are based on Purchase      Payments. For more information, see section 11.c Other Optional Benefits –      Bonus Option. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | Short      Withdrawal Charge Option. This benefit shortens the withdrawal      charge period from seven to four years. It may not be appropriate if you      do not intend to take a withdrawal during the fifth through seventh years      after you make a Purchase Payment. For more information, see section 11.c      Other Optional Benefits – Short Withdrawal Charge      Option. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | No      Withdrawal Charge Option. This benefit eliminates the withdrawal      charge altogether. This benefit requires a higher initial Purchase Payment      and the selection of either the Investment Protector or Income Protector.      It may not be appropriate if you do not intend to take a withdrawal during      the first four years after you make a Purchase Payment. For more      information, see section 11.c Other Optional Benefits – No Withdrawal      Charge Option. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | Investment      Protector. This benefit is intended to provide a level of      protection for the principal you invest and to periodically lock in any      anniversary investment gains that will be made available at a future point      in time. Under this benefit, we restrict your ability to make additional      Purchase Payments, we limit allocations to and transfers among the      Investment Options, and we will rebalance your Contract Value between your      selected Investment Options on a quarterly basis. For more information,      see section 11.a The Investment  Protector. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | Income      Protector. This benefit is designed for those who want lifetime      income (called Lifetime Plus Payments) and continued access to both      Contract Value and a death benefit for a period of time. Under this      benefit, we restrict your ability to make additional Purchase Payments, we      limit allocations to and transfers among the Investment Options, and we      will rebalance your Contract Value between your selected Investment      Options on a quarterly basis. Lifetime Plus Payments are available based      on age. If you do not begin payments during the eligibility period, your      benefit will terminate and you will have incurred higher Contract charges      without receiving any of this benefit’s advantages. For more information,      see section 11.b The IncomeProtector. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | Target      Date Benefits and Lifetime Benefits. These benefits are no longer      available. Please see Appendix E for information on the features and      charges for the Target Date Benefits, and see Appendix F for information      on the features and charges for the Lifetime    Benefits. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| Primary      Differences Between the Investment Protector and Income      Protector |
|-------------------------------------------------------------------------------------|
|                                                                                | Investment      Protector | Income      Protector |
| Benefit’s      feature                                                        | A      level of protection for the principal you invest. | Lifetime      income with access to both Contract Value and a death      benefit. |
| Person      on whom we base the benefit                                             | The      Owner. | The      Covered Person(s), who must either be Owners, Annuitant or      Beneficiaries. |
| Rider      charge for the benefit                                                   | The      current rider charge is 0.90%, the minimum rider charge is 0.50%, and the      maximum rider charge is 2.50%. We assess the rider charge against the      Target Value, which is generally less than the Benefit Base available      under the Income Protector. | For      single Lifetime Plus Payments the current rider charge is 1.05%, the      minimum rider charge is 0.50%, and the maximum rider charge is 2.50%. For      joint Lifetime Plus Payments the current rider charge is 1.20%, the      minimum rider charge is 0.50%, and the maximum rider charge is 2.75%. We      assess the rider charge against the Benefit Base, which is generally      greater than the Target Value available under the Investment      Protector. |
| Can      the rider charge increase?                                                 | Yes,      on each Quarterly Anniversary up to the maximum. However, we cannot      increase the rider charge more than 0.35% in any twelve-month      period. | Yes,      on each Quarterly Anniversary up to the maximum. However, we cannot      increase the rider charge more than 0.50% in any twelve-month      period. |
| Restrictions      on additional Purchase Payments                                   | We      restrict the amount of additional Purchase Payments we will accept each      rider year without prior approval to all Purchase Payments received before      the first Quarterly Anniversary. We also restrict additional payments to      the first three years after you select the benefit. | We      restrict the amount of additional Purchase Payments we will accept each      rider year without prior approval to all Purchase Payments received before      the first Quarterly Anniversary. However, we  will not accept      additional payments once Lifetime Plus Payments    begin. |
| Investment      Option allocation and transfer restrictions                         | Yes,      and the restrictions will change over time. | Yes,      but the restrictions are set when the benefit is added to the Contract and      they will not change over time. |
| Waiting      period                                                                 | Minimum      of ten years. | None      if minimum age for exercising is met at the time you select the      benefit. |
| Mandatory      beginning date                                                       | Yes. | No. If payments do not begin      during the eligibility period the benefit will      terminate. |
| Guaranteed      values used to determine the benefit’s features               | The      greater of a percentage of the highest Contract Anniversary value, or      total Purchase Payments adjusted for withdrawals. | We      base the initial Lifetime Plus Payment on the greater of the highest      quarterly Contract Value, or a quarterly simple interest increase of      one-fourth of the Annual Increase Percentage applied to Purchase Payments      for a guaranteed number of years. Each quarter after we compute the simple      interest increase, we automatically reset that portion of the guarantee to      equal the Contract Value if that will increase the      guarantee. |

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| · | Before      the Benefit Date, replace one of the previously available Lifetime      Benefits with the Investment Protector if your Contract did not previously      include a Target Date Benefit. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | Replace      one of the previously available Target Date Benefits with the Income      Protector if your Contract did not previously include a Lifetime      Benefit. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | Replace      the Investment Protector with the Income Protector if your Contract did      not previously include a LifetimeBenefit. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------|

| · | Replace      the Income Protector with the Investment Protector if your Contract did      not previously include a Target DateBenefit. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------|

|   | 11.a      THE INVESTMENT PROTECTOR |
|--------|------------------------------------|

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| · | we      will deduct the final rider charge, |
|--------|---------------------------------------------|

| · | the      Investment Protector will not be available to you in the      future, |
|--------|--------------------------------------------------------------------------------|

| · | the      restrictions on additional Purchase Payments associated with this benefit      will no longer apply, |
|--------|---------------------------------------------------------------------------------------------------------------|

| · | the      limitations on how you may allocate and transfer Contract Value among the      Investment Options associated with this benefit will no longer apply,      and |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | the      flexible rebalancing program will again be available to    you. |
|--------|--------------------------------------------------------------------------|

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| * | We      determine the percentage of Contract Value at the end of each Business Day      we process an annuitization orwithdrawal. |
|---|-----------------------------------------------------------------------------------------------------------------------------------|

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| · | You      purchase a Contract with the Investment Protector and make an initial      Purchase Payment of $100,000. Because you selected the Investment      Protector at issue, each rider anniversary will occur on a Contract      Anniversary. You select the earliest possible initial Target Value Date,      which is the 10th rider anniversary. You make no additional Purchase      Payments or request any transfers that are subject to a transfer fee. All      valuations of the Contract Value in this example occur at the end of the      previous Business Day and reflect the deduction of any applicable contract      maintenance or rider charges. At any given time      the amount available for withdrawal is the current Contract Value, not the      Rider Anniversary Value. The Rider Anniversary Value is used only to      calculate the Target Value. For example, the amount available for      withdrawal on the 14th rider anniversary is the Contract Value of      $120,000, and not the $137,000 of Rider Anniversary Value or the $123,300      of Target Value. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                                            | Contract      Value | Rider      Anniversary Value | Target      Value |
|-------------------------------------------------|---------------------|------------------------------|-------------------|
| Rider      effective date                       | $100,000            | $100,000                     | $100,000          |
| 1st      Rider Anniversary                      | $108,000            | $108,000                     | $100,000          |
| 2nd      Rider Anniversary                      | $110,000            | $110,000                     | $100,000          |
| 3rd      Rider Anniversary                      | $102,000            | $110,000                     | $100,000          |
| 4th      Rider Anniversary                      | $104,000            | $110,000                     | $100,000          |
| 5th      Rider Anniversary                      | $109,000            | $110,000                     | $100,000          |
| 6th      Rider Anniversary                      | $115,000            | $115,000                     | $103,500          |
| 7th      Rider Anniversary                      | $131,000            | $131,000                     | $117,900          |
| 8th      Rider Anniversary                      | $121,000            | $131,000                     | $117,900          |
| 9th      Rider Anniversary                      | $129,000            | $131,000                     | $117,900          |
| 10th      Rider Anniversarybefore      a credit | $110,000            | $131,000                     | $117,900          |
| 10th      Rider Anniversaryafter      a credit  | $117,900            | $131,000                     | $117,900          |
| 11th      Rider Anniversary                     | $137,000            | $137,000                     | $123,300          |
| 12th      Rider Anniversary                     | $130,000            | $137,000                     | $123,300          |
| 13th      Rider Anniversary                     | $135,000            | $137,000                     | $123,300          |
| 14th      Rider Anniversary                     | $120,000            | $137,000                     | $123,300          |
| 15th      Rider Anniversarybefore      a credit | $114,000            | $137,000                     | $123,300          |
| 15th      Rider Anniversaryafter      a credit  | $123,300            | $137,000                     | $123,300          |

| · | On      the rider effective date, the Rider Anniversary Value is equal to the      Purchase Payment received on the Issue Date ($100,000). The Target Value      is the greater of the Rider Anniversary Value multiplied by the Guarantee      Percentage ($100,000 x 90% = $90,000); or total Purchase Payments      ($100,000), so the Target Value is$100,000. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | On      the first rider anniversary the Contract Value increased to $108,000,      which is greater than the previous Rider Anniversary Value ($100,000), so      we increase the Rider Anniversary Value to equal the Contract Value. The      Target Value is equal to the greater of the Rider Anniversary Value      multiplied by the Guarantee Percentage ($108,000 x 90% = $97,200), or      total Purchase Payments ($100,000), so the Target Value remains      $100,000. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | On      the second rider anniversary the Contract Value increased to $110,000,      which is greater than the previous Rider Anniversary Value ($108,000), so      we increase the Rider Anniversary Value to equal the Contract Value. The      Target Value is equal to the greater of the Rider Anniversary Value      multiplied by the Guarantee Percentage ($110,000 x 90% = $99,000), or      total Purchase Payments ($100,000), so the Target Value remains      $100,000. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | On      the third, fourth, and fifth rider anniversaries, the Contract Value is      less than the Rider Anniversary Value ($110,000), so the Rider Anniversary      Value and Target Value do notchange. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| · | On      the sixth rider anniversary the Contract Value increased to $115,000,      which is greater than the previous Rider Anniversary Value ($110,000), so      we increase the Rider Anniversary Value to equal the Contract Value. The      Target Value is equal to the greater of the Rider Anniversary Value      multiplied by the Guarantee Percentage ($115,000 x 90% = $103,500), or      total Purchase Payments ($100,000), so the Target Value increases to      $103,500. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | On      the seventh rider anniversary the Contract Value increased to $131,000,      which is greater than the previous Rider Anniversary Value ($115,000), so      we increase the Rider Anniversary Value to equal the Contract Value. The      Target Value is equal to the greater of the Rider Anniversary Value      multiplied by the Guarantee Percentage ($131,000 x 90% = $117,900), or      total Purchase Payments ($100,000), so the Target Value increases to      $117,900. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | On      the eighth, ninth, and tenth rider anniversaries, the Contract Value is      less than the Rider Anniversary Value ($131,000), so the Rider Anniversary      Value and Target Value do not change. However, the tenth rider anniversary      is also the initial Target Value Date. Because the Contract Value on the      initial Target Value Date is less than the Target Value, we credit your      Contract with $7,900 to make the Contract Value equal to the Target      Value. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | On      the eleventh rider anniversary the Contract Value increased to $137,000,      which is greater than the previous Rider Anniversary Value ($131,000), so      we increase the Rider Anniversary Value to equal the Contract Value. The      Target Value is equal to the greater of the Rider Anniversary Value      multiplied by the Guarantee Percentage ($137,000 x 90% = $123,300), or      total Purchase Payments ($100,000), so the Target Value increases to      $123,300. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | On      the twelfth, thirteenth, fourteenth, and fifteenth rider anniversaries,      the Contract Value is less than the Rider Anniversary Value ($137,000), so      the Rider Anniversary Value and Target Value do not change. However, the      fifteenth rider anniversary is also the next Target Value Date. Because      the Contract Value on the Target Value Date is less than the Target Value,      we credit your Contract with $9,300 to make the Contract Value equal to      the Target Value. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | Assume      that in the previous example you take a partial withdrawal of $9,000      (including the withdrawal charge) in the second month of the second rider      year when the Contract Value on the day of (but before) the partial      withdrawal is $109,000. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | We adjust the Rider      Anniversary Value for the partial withdrawal as      follows: |
|--------|----------------------------------------------------------------------------------------|

|   | The      Rider Anniversary Value as of the first rider      anniversary$108,000 |
|--------|---------------------------------------------------------------------------------|

|   | Reduced      proportionately by the percentage of Contract  Value |
|--------|-------------------------------------------------------------------|

|   | withdrawn      ($9,000 / $109,000) = 0.08257 x $108,000 =-    8,918 |
|--------|-----------------------------------------------------------------------------------------|

|   | The      Rider Anniversary Value after the partial withdrawal$  99,082 |
|--------|----------------------------------------------------------------------------------|

|   | We adjust the total      Purchase Payments for the partial withdrawal as      follows: |
|--------|----------------------------------------------------------------------------------------|

|   | Total      Purchase Payments$100,000 |
|--------|--------------------------------------|

|   | Reduced      proportionately by the percentage of Contract  Value |
|--------|-------------------------------------------------------------------|

|   | withdrawn      ($9,000 / $109,000) = 0.08257 x $100,000 =-    8,257 |
|--------|-----------------------------------------------------------------------------------------|

|   | Total      Purchase Payments adjusted for the partial withdrawal$  91,743 |
|--------|-------------------------------------------------------------------------------------|

|   | The Target Value after      the partial withdrawal is the greaterof: |
|--------|----------------------------------------------------------------------|

|   | 90%      of the Rider Anniversary Value, which is 0.90 x $99,082      =$89,174 |
|--------|--------------------------------------------------------------------------------|

|   | Total      Purchase Payments adjusted for the partial    withdrawal$91,743 |
|--------|----------------------------------------------------------------------------|

|   | The      Target Value after the partial withdrawal$  91,743 |
|--------|-----------------------------------------------------------------------|

| · | This      Rider Anniversary Value and Target Value will remain in effect at these      values until at least the next rider anniversary unless you make another      Purchase Payment or take another partial  withdrawal. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| TABLE      1: Investment Option Groups for the Investment Protector (08.09) and      (05.10)                                                                                                                                                                                                                                                                         |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| Group      A Investment Options                                                                                                                                                                                                                                                                                                                                      |
| AZL      Columbia Small Cap Value FundAZL      Franklin Small Cap Value FundAZL      Fusion Growth FundAZL      OCC Opportunity FundAZL      Schroder Emerging Markets Equity FundAZL      Small Cap Stock Index Fund                                                                                                                                                | AZL      Turner Quantitative Small Cap Growth FundAZL      Van Kampen Global Real Estate FundDavis      VA Financial PortfolioFranklin      Income Securities FundFranklin      Templeton VIP Founding Funds Allocation FundPIMCO      VIT CommodityRealReturn Strategy Portfolio |
| Group      B Investment Options                                                                                                                                                                                                                                                                                                                                      |
| AZL      AIM International Equity FundAZL      BlackRock Capital Appreciation FundAZL      Columbia Mid Cap Value FundAZL      Davis NY Venture FundAZL      Dreyfus Equity Growth FundAZL      Eaton Vance Large Cap Value FundAZL      S&P 500 Index FundAZL      International Index FundAZL      JPMorgan U.S. Equity Fund                                   | AZL      MFS Investors Trust FundAZL      OCC Growth FundAZL      Van Kampen Growth and Income FundAZL      Van Kampen International Equity FundAZL      Van Kampen Mid Cap Growth FundMutual      Global Discovery Securities FundMutual      Shares Securities FundOpCap      Mid Cap PortfolioTempleton      Growth Securities Fund |
| Group      X Investment Options                                                                                                                                                                                                                                                                                                                                      | Group      Y Investment Options |
| AZL      Allianz Global Investors Select FundAZL      Franklin Templeton Founding Strategy Plus FundAZL      Fusion Balanced FundAZL      Fusion Moderate FundAZL      Moderate Index Strategy FundAZL      Van Kampen Equity and Income FundBlackRock      Global Allocation V.I. FundPIMCO      VIT All Asset PortfolioPIMCO      VIT Global Multi-Asset Portfolio | AZL      Balanced Index Strategy FundAZL      Fusion Conservative FundAZL      Money Market FundFranklin      High Income Securities FundFranklin      U.S. Government FundFranklin      Zero Coupon Fund 2010PIMCO      VIT Emerging Markets Bond PortfolioPIMCO      VIT Global Bond Portfolio (Unhedged)PIMCO      VIT High Yield PortfolioPIMCO      VIT Real Return PortfolioPIMCO      VIT Total Return PortfolioTempleton      Global Bond Securities Fund |

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| TABLE      2                                                 |
|--------------------------------------------------------------|
|                                                         | Maximum      Percentage of Contract Value Allowed in the combined Investment Option      Groups A, B and XBased      on the Number of Rider Years* to the Initial Target ValueDateand      the Comparison of Contract Value (CV) to the Target Value      (TV) |
| Number      of Rider Years* to the Initial Target Value Date | CV      = 94%+ of TV | CV      = 88% to < 94% of TV | CV      = 82% to < 88% of TV | CV      = 76% to < 82% of TV | CV      = 70% to < 76% of TV | CV      = 64% to < 70% of TV | CV      = 58% to < 64% of TV | CV      = 52% to < 58% of TV | CV      = 46% to < 52% of TV | CV      = 40% to < 46% of TV | CV      = 34% to < 40% of TV | CV      = 28% to < 34% of TV | CV      = 22% to < 28% of TV | CV      = 16% to < 22% of TV | CV      = 10% to < 16% of TV | CV      = 4% to < 10% of TV | CV      < 4% of TV |
| 33+                                                          | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% |
| 32                                                           | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 90% |
| 31                                                           | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 90% | 85% |
| 30                                                           | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 90% | 85% | 80% |
| 29                                                           | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 90% | 85% | 80% | 75% |
| 28                                                           | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 90% | 85% | 80% | 75% | 70% |
| 27                                                           | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 90% | 85% | 80% | 75% | 70% | 65% |
| 26                                                           | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 90% | 85% | 80% | 75% | 70% | 65% | 60% |
| 25                                                           | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 90% | 85% | 80% | 75% | 70% | 65% | 60% | 55% |
| 24                                                           | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 90% | 85% | 80% | 75% | 70% | 65% | 60% | 55% | 50% |
| 23                                                           | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 90% | 85% | 80% | 75% | 70% | 65% | 60% | 55% | 50% | 45% |
| 22                                                           | 95% | 95% | 95% | 95% | 95% | 95% | 90% | 85% | 80% | 75% | 70% | 65% | 60% | 55% | 50% | 45% | 40% |
| 21                                                           | 95% | 95% | 95% | 95% | 95% | 90% | 85% | 80% | 75% | 70% | 65% | 60% | 55% | 50% | 45% | 40% | 35% |
| 20                                                           | 95% | 95% | 95% | 95% | 90% | 85% | 80% | 75% | 70% | 65% | 60% | 55% | 50% | 45% | 40% | 35% | 30% |
| 19                                                           | 95% | 95% | 95% | 90% | 85% | 80% | 75% | 70% | 65% | 60% | 55% | 50% | 45% | 40% | 35% | 30% | 25% |
| 18                                                           | 95% | 95% | 90% | 85% | 80% | 75% | 70% | 65% | 60% | 55% | 50% | 45% | 40% | 35% | 30% | 25% | 20% |
| 17                                                           | 95% | 90% | 85% | 80% | 75% | 70% | 65% | 60% | 55% | 50% | 45% | 40% | 35% | 30% | 25% | 20% | 15% |
| 16                                                           | 90% | 85% | 80% | 75% | 70% | 65% | 60% | 55% | 50% | 45% | 40% | 35% | 30% | 25% | 20% | 15% | 10% |
| 15                                                           | 85% | 80% | 75% | 70% | 65% | 60% | 55% | 50% | 45% | 40% | 35% | 30% | 25% | 20% | 15% | 10% | 10% |
| 14                                                           | 80% | 75% | 70% | 65% | 60% | 55% | 50% | 45% | 40% | 35% | 30% | 25% | 20% | 15% | 10% | 10% | 10% |
| 13                                                           | 75% | 70% | 65% | 60% | 55% | 50% | 45% | 40% | 35% | 30% | 25% | 20% | 15% | 10% | 10% | 10% | 10% |
| 12                                                           | 70% | 65% | 60% | 55% | 50% | 45% | 40% | 35% | 30% | 25% | 20% | 15% | 10% | 10% | 10% | 10% | 10% |
| 11                                                           | 65% | 60% | 55% | 50% | 45% | 40% | 35% | 30% | 25% | 20% | 15% | 10% | 10% | 10% | 10% | 10% | 10% |
| 10                                                           | 60% | 55% | 50% | 45% | 40% | 35% | 30% | 25% | 20% | 15% | 10% | 10% | 10% | 10% | 10% | 10% | 10% |
| 9                                                            | 55% | 50% | 45% | 40% | 35% | 30% | 25% | 20% | 15% | 10% | 10% | 10% | 10% | 10% | 10% | 10% | 10% |
| 8                                                            | 50% | 45% | 40% | 35% | 30% | 25% | 20% | 15% | 10% | 10% | 10% | 10% | 10% | 10% | 10% | 10% | 10% |
| 7                                                            | 45% | 40% | 35% | 30% | 25% | 20% | 15% | 10% | 10% | 10% | 10% | 10% | 10% | 10% | 10% | 10% | 10% |
| 6                                                            | 40% | 35% | 30% | 25% | 20% | 15% | 10% | 10% | 10% | 10% | 10% | 10% | 10% | 10% | 10% | 10% | 10% |
| 5                                                            | 35% | 30% | 25% | 20% | 15% | 10% | 10% | 10% | 10% | 10% | 10% | 10% | 10% | 10% | 10% | 10% | 10% |
| 4                                                            | 30% | 25% | 20% | 15% | 10% | 10% | 10% | 10% | 10% | 10% | 10% | 10% | 10% | 10% | 10% | 10% | 10% |
| 3                                                            | 25% | 20% | 15% | 10% | 10% | 10% | 10% | 10% | 10% | 10% | 10% | 10% | 10% | 10% | 10% | 10% | 10% |
| 2                                                            | 20% | 15% | 10% | 10% | 10% | 10% | 10% | 10% | 10% | 10% | 10% | 10% | 10% | 10% | 10% | 10% | 10% |
| 1                                                            | 15% | 10% | 10% | 10% | 10% | 10% | 10% | 10% | 10% | 10% | 10% | 10% | 10% | 10% | 10% | 10% | 10% |
| Initial      Target Value Date and beyond                    | 10% | 10% | 10% | 10% | 10% | 10% | 10% | 10% | 10% | 10% | 10% | 10% | 10% | 10% | 10% | 10% | 10% |

| * | We      round the number of years until the initial Target Value Date up to the      next whole number. For example, when you are actually seven complete rider      years and four months away from your initial Target Value Date, for the      purposes of this table, we would consider you to be eight rider years from      the initial Target Value Date. |
|---|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| TABLE      3                                                                                      |
|---------------------------------------------------------------------------------------------------|
| When      the maximum % of Contract Value allowed in the combinedGroups      A, B and X is… | then      the maximum % of Contract Value allowed inGroup      A is… | and      the minimum % of Contract Value required inGroup      Y is… |
| 95%                                                                                               | 30% | 5% |
| 90%                                                                                               | 30% | 10% |
| 85%                                                                                               | 25% | 15% |
| 80%                                                                                               | 25% | 20% |
| 75%                                                                                               | 20% | 25% |
| 70%                                                                                               | 20% | 30% |
| 65%                                                                                               | 15% | 35% |
| 60%                                                                                               | 15% | 40% |
| 55%                                                                                               | 10% | 45% |
| 50%                                                                                               | 10% | 50% |
| 45%                                                                                               | 5% | 55% |
| 40%                                                                                               | 5% | 60% |
| 35%                                                                                               | 5% | 65% |
| 30%                                                                                               | 5% | 70% |
| 25%                                                                                               | 5% | 75% |
| 20%                                                                                               | 5% | 80% |
| 15%                                                                                               | 5% | 85% |
| 10%                                                                                               | 5% | 90% |

----

|   | a) | If      your future allocation instructions for the combined Groups B and X are      less than the new maximum allowable allocation for these groups, the new      required allocation will be equal to your future allocation instructions      for Groups B and X, plus the excess allocation from Group A, subject to      the new maximum allowable allocation for the combined Groups B and X. We      will then apply any remaining excess allocation from Group A to your      future selected Investment Options in GroupY. |
|--------|----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   | b) | If      your future allocation instructions for the combined Groups B and X are      greater than or equal to the new maximum allowable allocation for these      groups, then we will decrease the new required allocation for the combined      Groups B and X to equal the new maximum allowable allocation. We will then      take any excess allocation from the combined Groups B and X (your future      allocation instructions for Group B and X Investment Options minus the new      maximum allowable allocation), plus any excess allocation from Group A,      and apply it all to your future selected Investment Options in      Group Y. |
|--------|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | a x      (b / c) |
|--------|------------------|

|   | where: |
|--------|--------|

|   | a      = | The      new required group allocation for the current Quarterly      Anniversary. |
|--------|----------|------------------------------------------------------------------------------------|

|   | b      = | The      required allocation for each Investment Option at the end of the previous      Business Day. |
|--------|----------|-------------------------------------------------------------------------------------------------------|

|   | c      = | The      required group allocation at the end of the previous Business      Day. |
|--------|----------|----------------------------------------------------------------------------------|

| · | It      is possible that we may move all of your Contract Value out of one or more      of your selected InvestmentOptions. |
|--------|-----------------------------------------------------------------------------------------------------------------------------|

| · | We      will send you a transaction confirmation of any change to your selected      allocation in the Investment Option groups. In order to change your future      allocations after this notification, you must change your allocation      instructions for future payments and they must comply with the current      maximum allowable groupallocations. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | Unless you reset the initial      Target Value Date, the maximum amount we will allow in Group A, and in the      combined Groups A, B and X will never increase, regardless of Contract      Value performance. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | If you allocate less than the      maximum allowed amount to the combined Groups A, B and X, you may be      subject to fewer reallocations of your Contract Value between these      groups. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | You      cannot allocate more than 30% of your Contract Value to Group A, or more      than 95% of your Contract Value to combined Groups A, B and    X. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | We      cannot require you to have less than 5% of your Contract Value in Group A,      or less than 10% of your Contract Value in the combined Groups A, B and      X. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | Investment      Option Group Y has no maximum limit on Contract Value      allocation. |
|--------|----------------------------------------------------------------------------------------|

| · | The      maximum allowable allocation for the Investment Option groups can decrease      as the number of rider years until the initial Target Value Date decreases      and as the percentage of Contract Value compared to Target Value      decreases. However, we cannot reduce the maximum we allow in Group A by      more than 10% in any one year, and we cannot reduce the maximum we allow      in the combined Groups A, B and X by more than 15% in any one      year. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| · | You      purchase a Contract with the Investment Protector and make an initial      Purchase Payment of $100,000. Because you selected the Investment      Protector at issue, each rider anniversary occurs on a Contract      Anniversary. You select the seventeenth rider anniversary as your initial      Target Value Date. You make no additional Purchase Payments, withdrawals,      or transfers and you do not change your allocation instructions after the      Issue Date so your allocation instructions for future payments are your      initial allocation instructions. All valuations of the Contract Value in      this example occur at the end of the previous Business Day and reflect the      deduction of any applicable contract maintenance or rider      charges. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | On      the rider effective date, you have seventeen complete rider years until      the initial Target Value Date, and the initial Target Value and Rider      Anniversary Value are equal to your initial Purchase Payment of $100,000.      On the rider effective date, the maximum allowable allocation of Contract      Value to the Investment Options in Group A is 30%, and to the combined      Groups A, B, and X is 95%. The minimum required allocation for Group Y is      5% of Contract Value. You choose to allocate 75% of your Contract Value to      the combined Groups A, B and X (with 25% to Group A, and 50% to the      combined Groups B and X) and 25% of your Contract Value to Group Y. You      allocate your Contract Value to the Investment Options as      follows. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                     | Investment      Option Group | Contract      Value Allocated to Each Investment Option |
|--------------------------|------------------------------|---------------------------------------------------------|
| Investment      Option 1 | A                            | 15%                                                     |
| Investment      Option 2 | A                            | 10%                                                     |
| Investment      Option 3 | B                            | 20%                                                     |
| Investment      Option 4 | B                            | 15%                                                     |
| Investment      Option 5 | X                            | 15%                                                     |
| Investment      Option 6 | Y                            | 25%                                                     |

| · | During      the first two rider years you experience the following performance.      Because the Contract Value was not greater than $100,000 on the first      rider anniversary (fourth Quarterly Anniversary), the Rider Anniversary      Value was not increased, so the Target Value remained at $100,000      throughout this example. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Quarterly      Anniversary | Contract      Value | Target      Value | Contract      Value as a % of Target Value | Years      until initial Target Value Date | Maximum      allowed in combinedGroupsA,      B and X per Table 2 | New      maximum allowable allocation for combined GroupsA,      B and X | New      maximum allowable allocation forGroup      A | Required      allocation forGroup      A | Required      allocation forcombined      Groups B      and X | Required      allocation forGroup      Y |
|----------------------------|---------------------|-------------------|--------------------------------------------|--------------------------------------------|-------------------------------------------------------------------|--------------------------------------------------------------------------|-------------------------------------------------------|------------------------------------------|--------------------------------------------------------------------|------------------------------------------|
| Rider      effective date  | $100,000            | $100,000          | 100%                                       | 17                                         | 95%                                                               | 95%                                                                      | 30%                                                   | 25%                                      | 50%                                                                | 25%                                      |
| 1st      QA                | $      87,000       | $100,000          | 87%                                        | 17                                         | 85%                                                               | 85%                                                                      | 25%                                                   | 25%                                      | 50%                                                                | 25%                                      |
| 2nd      QA                | $      93,000       | $100,000          | 93%                                        | 17                                         | 90%                                                               | 85%                                                                      | 25%                                                   | 25%                                      | 50%                                                                | 25%                                      |
| 3rd      QA                | $      73,000       | $100,000          | 73%                                        | 17                                         | 75%                                                               | 80%                                                                      | 25%                                                   | 25%                                      | 50%                                                                | 25%                                      |
| 4th      QA                | $      89,000       | $100,000          | 89%                                        | 16                                         | 85%                                                               | 80%                                                                      | 25%                                                   | 25%                                      | 50%                                                                | 25%                                      |
| 5th      QA                | $      79,000       | $100,000          | 79%                                        | 16                                         | 75%                                                               | 75%                                                                      | 20%                                                   | 20%                                      | 55%                                                                | 25%                                      |
| 6th      QA                | $      73,000       | $100,000          | 73%                                        | 16                                         | 70%                                                               | 70%                                                                      | 20%                                                   | 20%                                      | 50%                                                                | 30%                                      |

| · | On      the first Quarterly Anniversary, your Contract Value has decreased to 87%      of the Target Value ($87,000 / $100,000). The new maximum allowable      allocation for the combined Groups A, B and X has decreased to 85% (the      lesser of the current maximum allowable allocation (95%), or the maximum      allowable allocation from Table 2 (85%)). According to Table 3, the new      maximum allowable allocation for Group A has decreased to 25% and the      table would indicate the new minimum required allocation for Group Y has      increased to 15%. However the actual required allocation to Group Y is      equal to 100% minus the new required allocation for Group A (25%) and      minus the new required allocation for Groups B and X (50%), or 25%.      Because your allocation instructions comply with the new maximum allowable      and minimum required allocations, we rebalance your Contract Value in the      Investment Options according to your allocation    instructions. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| · | On      the second Quarterly Anniversary, your Contract Value has increased to 93%      of the Target Value ($93,000 / $100,000). Although the maximum allowable      allocation for the combined Groups A, B and X from Table 2 has increased      to 90%, the new maximum allowable allocation for Contract Value to the      combined Groups A, B and X does not change at this time because it is the      lesser      of the current maximum allowable allocation (85%), or the maximum      allowable allocation from Table 2 (90%). Because there is no change in the      maximum allocation for the combined Groups A, B, and X, there is no change      in the new maximum allowable allocation for Group A, or the new minimum      required allocation for Group Y. Because your allocation instructions      comply with the new maximum allowable and new minimum required      allocations, we rebalance your Contract Value in the Investment Options      according to your allocationinstructions. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | On      the third Quarterly Anniversary, your Contract Value has decreased to 73%      of the Target Value ($73,000 / $100,000). The new maximum allowable      allocation for the combined Groups A, B and X would now decrease to 75%      (the lesser of the current maximum allowable allocation (85%), or the      maximum allowable allocation from Table 2 (75%)). However the maximum      allowable allocation for the combined Groups A, B, and X cannot decrease      by more than 15% in any twelve-month period. Because the maximum allowable      allocation for the combined Groups A, B, and X was 95% on the Issue Date,      the new maximum allowable allocation for the combined Groups A, B, and X      is 80%. According to Table 3, the new maximum allowable allocation for      Group A remains at 25% and the table would indicate the new minimum      required allocation for Group Y has increased to 20%. However the actual      required allocation to Group Y is equal to 100% minus the new required      allocation for Group A (25%) and minus the new required allocation for      Groups B and X (50%), or 25%. Because your allocation instructions comply      with the new maximum allowable and new minimum required allocations, we      rebalance your Contract Value in the Investment Options according to your      allocation instructions. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | On      the fourth Quarterly Anniversary, your Contract Value has increased to 89%      of the Target Value ($89,000 / $100,000). The fourth Quarterly Anniversary      is also the first rider anniversary and there are now sixteen complete      Contract Years until the initial Target Value Date. Although the maximum      allowable allocation for the combined Groups A, B and X from Table 2 has      increased to 85%, the new maximum allowable allocation for Contract Value      to the combined Groups A, B and X does not change at this time because it      is the lesser      of the current maximum allowable allocation (80%), or the maximum      allowable allocation from Table 2 (85%). Because there is no change in the      maximum allocation for the combined Groups A, B, and X, there is no change      in the new maximum allowable allocation for Group A, or the new minimum      required allocation for Group Y. Because your allocation instructions      comply with the new maximum allowable and new minimum required      allocations, we rebalance your Contract Value in the Investment Options      according to your allocationinstructions. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | On      the fifth Quarterly Anniversary, your Contract Value has decreased to 79%      of the Target Value ($79,000 / $100,000). The new maximum allowable      allocation for the combined Groups A, B and X has decreased to 75% (the      lesser of the current maximum allowable allocation (80%), or the maximum      allowable allocation from Table 2 (75%)). According to Table 3, the new      maximum allowable allocation for Group A has decreased to 20%, and the new      minimum required allocation for Group Y has increased to 25%. Because your      allocation instructions do not comply with the new maximum allowable and      new minimum required allocations, we rebalance your Contract Value in the      Investment Options according to the following required allocations. The      required allocation for Group A is 20% (the lesser of your selected      allocation for Group A (25%), or the new maximum allowable allocation      (20%)). The new maximum allowable allocation for the combined Groups B and      X has increased to 55% (the new maximum allowable allocation for the      combined Groups A, B and X (75%), less the new required allocation for      Group A (20%)). Because your selected allocation for Groups B and X (50%)      is less than the new maximum allowable allocation (55%), we remove the 5%      excess allocation from Group A and apply it to the combined Groups B and      X. The new required allocation for Groups B and X is 55%. Because we were      able to apply all the excess allocation from Group A to the combined      Groups B and X, the required allocation for Group Y is equal to your      allocation instructions. We then rebalance your Contract Value within the      Investment Options as follows. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|                     | Investment      Option Group | Rebalancing      Calculation[a      x (b / c)]* | Allocation      after the Quarterly Rebalancing |
|--------------------------|------------------------------|-------------------------------------------------|-------------------------------------------------|
| Investment      Option 1 | A                            | =      20% x (15% / 25%)                        | 12%                                             |
| Investment      Option 2 | A                            | =      20% x (10% / 25%)                        | 8%                                              |
| Investment      Option 3 | B                            | =      55% x (20% / 50%)                        | 22%                                             |
| Investment      Option 4 | B                            | =      55% x (15% / 50%)                        | 17%                                             |
| Investment      Option 5 | X                            | =      55% x (15% / 50%)                        | 16%                                             |
| Investment      Option 6 | Y                            | =      25% x (25% / 25%)                        | 25%                                             |

| * | “a”      is the new required group allocation for the current Quarterly      Anniversary, “b” is the required allocation for each Investment Option      from the previous Quarterly Anniversary, and “c” is the required group      allocation from the previous Quarterly  Anniversary. |
|---|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | On      the sixth Quarterly Anniversary, your Contract Value has decreased to 73%      of the Target Value ($73,000 / $100,000). The new maximum allowable      allocation for the combined Groups A, B and X has decreased to 70% (the      lesser of the current maximum allowable allocation (75%), or the maximum      allowable allocation from Table 2 (70%)). According to Table 3, the new      maximum allowable allocation for Group A remains at 20%, and the new      minimum required allocation for Group Y increases to 30%. Because your      selected allocations do not comply with the new maximum allowable and new      minimum required allocations, we rebalance your Contract Value in the      Investment Options according to the following required allocations. The      required allocation for the combined Groups A, B and X is 70% (the lesser      of your selected allocation for the combined Groups A, B and X (75%), or      the new maximum allowable allocation (70%)). The required allocation for      Group A is 20% (the lesser of your selected allocation for Group A (25%),      or the new maximum allowable allocation (20%)). The new maximum allowable      allocation for the combined Groups B and X has decreased to 50% (the new      maximum allowable allocation for the combined Groups A, B and X (70%),      less the new required allocation for Group A (20%)). Because your      allocation instructions for the combined Groups B and X (50%) is already      equal to the new maximum allowable allocation (50%), the required      allocation for the combined Groups B and X is equal to your allocation      instructions. Instead we remove the 5% excess allocation from Group A and      apply it to Group Y. We then rebalance your Contract Value within the      Investment Options as follows. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                     | Investment      Option Group | Rebalancing      Calculation[a      x (b / c)]* | Allocation      after the Quarterly Rebalancing |
|--------------------------|------------------------------|-------------------------------------------------|-------------------------------------------------|
| Investment      Option 1 | A                            | =      20% x (12% / 20%)                        | 12%                                             |
| Investment      Option 2 | A                            | =      20% x (8% / 20%)                         | 8%                                              |
| Investment      Option 3 | B                            | =      50% x (22% / 55%)                        | 20%                                             |
| Investment      Option 4 | B                            | =      50% x (17% / 55%)                        | 15%                                             |
| Investment      Option 5 | X                            | =      50% x (16% / 55%)                        | 15%                                             |
| Investment      Option 6 | Y                            | =      30% x (25% / 25%)                        | 30%                                             |

| * | “a”      is the new required group allocation for the current Quarterly      Anniversary, “b” is the required allocation for each Investment Option      from the previous Quarterly Anniversary, and “c” is the required group      allocation from the previous Quarterly  Anniversary. |
|---|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| · | The      Business Day we process your request to remove the Investment Protector      from the Contract (the rider terminationdate). |
|--------|--------------------------------------------------------------------------------------------------------------------------------------|

| · | The      date of death of any Owner (or Annuitant, if the Contract is owned by a      non-individual), unless the surviving spouse elects to continue the      Contract. However, if an Owner (or Annuitant, if the Contract is owned by      a non-individual) dies and the surviving spouse elects to receive payout      of the death benefit, then the Investment Protector will terminate as of      the end of the Business Day during which we receive in Good Order at the      Service Center, both due proof of death and an election of the death      benefit payment option. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | The      Business Day before the Income Date that you take a Full Annuitization,      including a required Full      Annuitization on the maximum permitted Income Date. For more      information, see section 3, The AnnuityPhase. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | The      Business Day we process your request for a full  withdrawal. |
|--------|-----------------------------------------------------------------------|

| · | Contract      termination. |
|--------|----------------------------|

|   | 11.b      THE INCOME PROTECTOR |
|--------|--------------------------------|

| · | This      benefit does not create Contract Value or guarantee the performance of any      Investment Option. |
|--------|--------------------------------------------------------------------------------------------------------------|

| · | You      can remove the Income Protector from your Contract on a Quarterly      Anniversary if your Contract Value is positive. If you remove this benefit      from your Contract you cannot reselect it. In addition, if your Contract      includes the No Withdrawal Charge Option, you can only remove this benefit      from your Contract under certaincircumstances. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | Under      the Income Protector we restrict your ability to make additional Purchase      Payments, we limit how you may allocate and transfer Contract Value among      the Investment Options, and we rebalance your Contract Value between your      selected Investment Options on a quarterly basis. We put these      restrictions in place to support the benefit’s guarantees, and not to meet      your investment objectives. To the extent these restrictions limit your      investment flexibility, you may not be able to fully participate in any      upside potential returns available from the Investment Options, and your      Contract Value may be less than the Contract Value you would have had      without the benefit. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | If      you do not begin Lifetime Plus Payments during the period they are      available your benefit will terminate and you will have incurred higher      Contract charges without receiving any of this benefit’s      advantages. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | You      cannot begin joint Lifetime Plus Payments under the Income Protector      (05.10) if any Covered Person is younger than age 60 or age 91 or      older. Therefore, joint      Lifetime Plus Payments will never be available under the Income Protector (05.10)if there is more than a      30-year age difference between joint Covered      Persons. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | If      one Covered Person dies after joint Lifetime Plus Payments have begun, any      payments received by the surviving spouse (who is also a Covered Person)      after the date of death and before the survivor reaches age 59½ will be      subject to a 10% federal penalty tax unless an exception      applies. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | If      you take less than the annual maximum Lifetime Plus Payment you are      entitled to in a Benefit Year, you could reduce the chance that you will      receive an increase to the next year’s annual maximum    payment. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| · | if      Lifetime Plus Payment have begun they willstop, |
|--------|---------------------------------------------------------|

| · | we      will deduct the final rider charge, |
|--------|---------------------------------------------|

| · | the      Income Protector will not be available to you in the    future, |
|--------|--------------------------------------------------------------------------|

| · | the      restrictions on additional Purchase Payments associated with this benefit      will no longer apply, |
|--------|---------------------------------------------------------------------------------------------------------------|

| · | the      limitations on how you may allocate and transfer Contract Value among the      Investment Options associated with this benefit will no longer apply,      and |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| · | the      flexible rebalancing program will again be available to    you. |
|--------|--------------------------------------------------------------------------|

| · | solely      owned Contracts, the Covered Person is the  Owner. |
|--------|----------------------------------------------------------------|

| · | Contracts      owned by a non-individual, the Covered Person is the      Annuitant. |
|--------|-------------------------------------------------------------------------------------|

| · | jointly      owned Contracts, you can choose which Owner is the Covered Person subject      to the maximum age restriction for adding the Income Protector to your      Contract (age 80 or younger). |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | For      joint Lifetime Plus Payments, Covered Persons must be spouses and      for: |
|--------|--------------------------------------------------------------------------------------|

| · | Non-Qualified      Contracts: |
|--------|-------------------------------|

|   | – | spouses      must be Joint Owners; or |
|--------|---------|---------------------------------------|

|   | – | one      spouse must be the Annuitant and the other spouse must be the sole primary      Beneficiary if the sole Owner is a non-individual;  or |
|--------|---------|-------------------------------------------------------------------------------------------------------------------------------------------------|

|   | – | one      spouse must be the sole Owner and Annuitant and the other spouse must be      the sole primary Beneficiary. |
|--------|---------|----------------------------------------------------------------------------------------------------------------------|

| · | Qualified      Contracts: |
|--------|---------------------------|

|   | – | one      spouse must be both the sole Owner and Annuitant and the other spouse must      be the sole primary Beneficiary; or |
|--------|---------|------------------------------------------------------------------------------------------------------------------------------|

|   | – | if      the Contract is owned by a non-individual, then one spouse must be the      Annuitant and the other spouse must be the sole primary Beneficiary.      However, if we require a non-individual Owner to also be the sole primary      Beneficiary, then one spouse must be the Annuitant and the other spouse      must be the sole contingent Beneficiary solely for the purpose of      determining the Lifetime PlusPayment. |
|--------|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| * | Or      on the next Business Day if the Contract Anniversary or Benefit      Anniversary is not a Business Day. |
|---|-----------------------------------------------------------------------------------------------------------------|

----

| Annual      Maximum Lifetime Plus Payment Table for the Income Protector      (05.10)                     |
|-----------------------------------------------------------------------------------------------------------|
| Age      band of the Covered Person(or      younger Covered Person for joint Lifetime Plus      Payments) |   | Annual      maximum Lifetime Plus Payment percentage |
| 60      - 64                                                                                              | 4.0% |
| 65      - 79                                                                                              | 4.5% |
| 80+                                                                                                       | 5.5% |

| * | In      Delaware and Minnesota, the maximum payment percentage that we are      currently permitted to offer in the future is  6%. |
|---|------------------------------------------------------------------------------------------------------------------------------------|

----

| · | Partial      Annuitizations are no longeravailable. |
|--------|-----------------------------------------------------|

| · | You      cannot make any additional PurchasePayments. |
|--------|-------------------------------------------------------|

| · | The      automatic investment plan and the systematic withdrawal program are no      longer available. |
|--------|--------------------------------------------------------------------------------------------------------|

| · | The      free withdrawal privilege is no longer available. However, Lifetime Plus      Payments are not subject to a withdrawal charge and will not reduce the      Withdrawal Charge Basis (except in the state of Washington, where Lifetime      Plus Payments will reduce the Withdrawal Charge  Basis). |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | You      can only remove the Income Protector from your Contract while your      Contract Value is positive. However, if you remove this benefit from your      Contract the four restrictions listed above will not apply on or after the      rider termination date. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | You      can only change the ownership of this Contract if you selected joint      Lifetime Plus Payments and: |
|--------|----------------------------------------------------------------------------------------------------------------|

|   | – | an      Owner dies and the spouse continues the Contract,  or |
|--------|---------|---------------------------------------------------------------|

|   | – | you      remove a joint Covered Person who is also a Joint Owner from the Contract.      In this case, the remaining Covered Person must become the new sole      Owner. |
|--------|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | The      rider charge for this benefit continues until the earlier of the rider      termination date, or the Business Day your Contract Value is reduced to      zero. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | If      you have the Quarterly Value Death Benefit, the additional M&E charge      for the Quarterly Value Death Benefit will continue as long as the      Quarterly Value Death Benefit value is greater than  zero. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | The      Contract Value will continue to fluctuate as a result of market      performance, and it will decrease on a dollar for dollar basis with each      Lifetime Plus Payment and any Excess Withdrawal, and the quarterly      deduction of the rider charge. Excess Withdrawals (including a withdrawal      of the entire Contract Value) include any applicable withdrawal charge.      They will also reduce the Withdrawal Charge Basis on a dollar for dollar      basis. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | Excess      Withdrawals will also reduce your Benefit Base and annual maximum Lifetime      Plus Payment proportionately by the percentage of Contract Value      withdrawn. Taking an      Excess Withdrawal may cause your Lifetime Plus Payments to stop and your      benefit to terminate. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | The      portion of the Traditional Death Benefit value that is based on Purchase      Payments will no longer increase. |
|--------|--------------------------------------------------------------------------------------------------------------------------|

| · | Each      Lifetime Plus Payment and any Excess Withdrawal will reduce the portion of      the Traditional Death Benefit value that is based on Purchase Payments (or      the portion of the Quarterly Value Death Benefit value that is based on      the Quarterly Anniversary Value, if applicable) proportionately by the      percentage of Contract Value withdrawn (including any withdrawal      charge). |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | We      may apply an annual payment increase to your annual maximum Lifetime Plus      Payment on every Benefit Anniversary before the older Covered Person’s      91st birthday. If you receive an annual payment increase, we will also      change your Benefit Base. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

----

| · | If      you will receive at least one more payment before the end of the calendar      year, each remaining Lifetime Plus Payment for the calendar year will be      equal to the remaining required minimum distribution divided by the number      of payments remaining. We do not consider this type of increase to be an      annual increase of your Lifetime Plus Payment or an Excess Withdrawal, and      it is not subject to a withdrawalcharge. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | If      you will not receive any more payments before the end of the calendar      year, we will instead send you one payment by the end of the calendar year      that is equal to the remaining required minimum distribution. We do not      consider this type of increase in your payment to be an annual increase of      your Lifetime Plus Payment or an Excess Withdrawal, and it is not subject      to a withdrawal charge. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | If      at the end of the Benefit Year you have taken your annual maximum Lifetime      Plus Payment (as actual Lifetime Plus Payments and/or withdrawals), we      will automatically increase next year’s annual maximum Lifetime Plus      Payment if the Contract Value at the end of the Business Day before the      current Benefit Anniversary, is greater than the Contract Value at the end      of the Business Day before the previous Benefit Anniversary (or the      Benefit Date, in the case of the first Benefit Anniversary). If the      Contract Value has increased, we calculate the percentage of growth      between these two Contract Values and increase your annual maximum      Lifetime Plus Payment by this percentage. For example, if your Contract      Value increases by 5%, your annual maximum Lifetime Plus Payment will      increase by 5%. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | You      are also eligible to receive an increase to your annual maximum Lifetime      Plus Payment regardless of whether or not you have taken your annual      maximum Lifetime Plus Payment during the Benefit Year. We will increase      your annual maximum Lifetime Plus Payment on a Benefit Anniversary if the      payment percentage for the current age of the younger Covered Person,      multiplied by the Contract Value at the end of the previous Business Day,      results in a higher annual maximum Lifetime Plus Payment. In this case, we      will increase your annual maximum Lifetime Plus Payment to this new value      as of the Benefit Anniversary. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| · | You      select the Income Protector with single Lifetime Plus Payments. You are      the only Owner and are also the sole Covered Person. All valuations of the      Contract Value in this example occur at the end of the previous Business      Day and reflect the deduction of any applicable transfer fees or the      contract maintenance or rider charges. For these examples, assume that      your Annual Maximum Lifetime Plus Payment Table is as    follows: |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Age      band of the Covered Person |   | Annual      maximum Lifetime Plus Payment percentage |
|-------------------------------------|--------|------------------------------------------------------|
| 65      - 79                        | 4%     |
| 80+                                 | 5%     |

| · | On      the Benefit Date, you are age 77, your Contract Value is $100,000, and      your Benefit Base is $105,000.You choose to receive annual payments of      your entire annual maximum Lifetime Plus Payment. Your initial annual      maximum (and annual actual) Lifetime Plus Payment is $4,200 ($105,000 x      4%). |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                            | Age | Benefit      Base | Contract      Value | Annual      payment percentage | Annual      maximum/actual Lifetime Plus Payment |
|---------------------------------|-----|-------------------|---------------------|--------------------------------|--------------------------------------------------|
| Benefit      Date               | 77  | $105,000          | $100,000            | 4%                             | $4,200                                           |
| First      Benefit Anniversary  | 78  | $107,100          | $102,000            | 4%                             | $4,284                                           |
| Second      Benefit Anniversary | 79  | $107,100          | $  98,000 | 4%                             | $4,284                                           |
| Third      Benefit Anniversary  | 80  | $100,000          | $100,000            | 5%                             | $5,000                                           |

| · | On      the first Benefit Anniversary the current Contract Value is greater than      the Contract Value on the Benefit Date. The percentage of the increase is      ($102,000 – $100,000) / $100,000 = 2%. We then apply a 2% annual payment      increase to the annual maximum/actual Lifetime Plus Payment ($4,200 x 1.02      = $4,284). We also apply this 2% increase to the Benefit Base ($105,000 x      1.02 = $107,100), which will increase the amount of the daily rider charge      we calculate at the end of day on the first Benefit Anniversary and every      day after that. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | On      the second Benefit Anniversary the current Contract Value is less than the      Contract Value on the first Benefit Anniversary so there is no annual      payment increase due to an increase in the Contract Value. Also, your      current annual payment percentage applied to your current Contract Value      (4% x $98,000 = $3,920) does not result in a higher payment, so we do not      increase your annual maximum/actual payment or the Benefit Base at this      time, which means the amount of your daily rider charge also will not      increase. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| · | On      the third Benefit Anniversary the current Contract Value is greater than      the Contract Value on the second Benefit Anniversary. The percentage of      the increase is ($100,000 – $98,000) / $98,000 = 2.04%. We then apply a      2.04% annual payment increase to the annual maximum/actual Lifetime Plus      Payment ($4,284 x 1.0204 = $4,371). However, you also crossed an age band      since the last Benefit Anniversary and your annual payment percentage has      increased to 5%. We then compare your current annual maximum payment      ($4,371) to the result of your current annual payment percentage      multiplied by the current Contract Value (5% x $100,000 = $5,000). Because      the annual maximum Lifetime Plus Payment based on the new percentage and      current Contract Value is greater than the payment based on the increase      in Contract Value, we will increase you annual maximum/actual Lifetime      Plus Payment to $5,000 and we reset your Benefit Base to equal the      $100,000 Contract Value. This will also reduce the amount of the daily      rider charge we calculate at the end of day on the third Benefit      Anniversary and every day afterthat. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | On      the third Benefit Anniversary you decide to take an annual actual Lifetime      Plus Payment of $3,000. During the second month of the fourth Benefit Year      you request a withdrawal of $8,820 at a time when the Contract Value is      $98,000. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | We      determine how much of this withdrawal is an Excess Withdrawal by taking      amount withdrawn ($8,820) and subtracting the result of the difference      between the annual maximum payment ($5,000) and annual actual payment      ($3,000), which is: $8,820 – ($5,000 – $3,000) = $6,820. So, $6,820 of the      withdrawal is an Excess Withdrawal that is subject to a withdrawal charge,      and the remainder of the withdrawal ($8,820 – $6,820 = $2,000) is treated      as a Lifetime Plus Payment and is not subject to a withdrawal charge. This      portion of the withdrawal that is treated as a payment reduces your      Contract Value on a dollar for dollar basis, so the Contract Value after      the withdrawal/payment is $98,000 – $2,000 =  $96,000. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | The      total amount of the Excess Withdrawal also includes the withdrawal charge.      If the withdrawal charge is 3%, the total Excess Withdrawal is: $6,820 /      (1 – 0.03) = $6,820 / 0.97 = $7,030.93. The Excess Withdrawal also reduces      your Contract Value on a dollar for dollar basis, so the Contract Value      after the Excess Withdrawal is $96,000 – $7,030.93 = $88,969.07. As a      percentage of Contract Value, the total Excess Withdrawal (including the      withdrawal charge) represents 7.32% of Contract Value      ($7,030.93 / $96,000 = 7.32%). |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | We      also reduce the current Benefit Base proportionately by the percentage of      Contract Value withdrawn as an Excess Withdrawal, which is $100,000 –      ($100,000 x 7.32%) = $100,000 – $7,320 = $92,680. This reduction in the      Benefit Base will also reduce the amount of the daily rider charge we      calculate at the end of day we process the withdrawal and on every day      after that. We also review how this Excess Withdrawal would hypothetically      reduce your current annual maximum Lifetime Plus Payment. The new Benefit      based multiplied by the current annual payment percentage is $92,680 x 5%      = $4,634, which is greater than the $100 minimum required amount for      Lifetime Plus Payments. Because the minimum payment amount is met, we will      not require you take an Excess Withdrawal of the entire remaining Contract      Value at this time. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | On      the fourth Benefit Anniversary your Contract Value has decreased and you      have not crossed an age band since the last Benefit Anniversary so your      annual payment percentage has not increased. Therefore you will not      receive an annual increase to your annual maximum Lifetime Plus Payment on      this anniversary. However, we will reduce your annual maximum Lifetime      Plus Payment for the Excess Withdrawal you took during the fourth Benefit      Year. We calculate your annual maximum Lifetime Plus Payment on the fourth      Benefit Anniversary as follows: the annual maximum Lifetime Plus Payment      from the third Benefit Anniversary reduced by the 7.32% of Contract Value      withdrawn as an Excess Withdrawal during the fourth year (including the      withdrawal charge we calculated in the previous bullet point), which is      $5,000 – (7.32% x $5,000) = $5,000 – $366.19 = $4,633.81.      We already reduced your Benefit Base for the Excess Withdrawal, so this      change the annual maximum Lifetime Play Payment will not affect the rider      charge. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| · | If      you have taken your annual maximum Lifetime Plus Payment during the      previous Benefit Year and we increased next year’s annual maximum Lifetime      Plus Payment because your Contract Value at the end of the Business Day      before the current Benefit Anniversary increased, we increase your Benefit      Base by the same percentage. For example, if we increased your annual      maximum Lifetime Plus Payment by 5%, we will also increase your Benefit      Base by 5%. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | We      will also change your Benefit Base to equal the Contract Value at the end      of the Business Day before the current Benefit Anniversary, if the      age-based payment percentage for the current age of the younger Covered      Person multiplied by this Contract Value results in a higher annual      maximum Lifetime Plus Payment. This change may increase or decrease your      Benefit Base. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   | a      + (b x (c – d)) |
|--------|------------------------------|

|   | Where: |
|--------|--------|

| a = | The      Annual Increase at the end of the previous Business  Day; |
|-----|--------------------------------------------------------------------|

| b = | The      Annual Increase Percentage we set on the rider effective date divided by      four; |
|-----|----------------------------------------------------------------------------------------------|

| c = | The      Increase Base at the end of the previous Business Day;  and |
|-----|----------------------------------------------------------------------|

| d = | Purchase      Payments* received on or after the previous Quarterly Anniversary.      However, if you selected the Income Protector at issue, then we exclude      from “d” any Purchase Payments received before the first Quarterly      Anniversary. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| * | We      reduce each Purchase Payment proportionately by the percentage of Contract      Value applied to a Partial Annuitization or withdrawn (including any      withdrawal charge) for each annuitization or withdrawal taken since we      received that payment. We determine the percentage of Contract Value at      the end of the current BusinessDay. |
|---|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| Quarterly      Anniversary                                | Contract      Value | Increase      Base | Quarterly      Increase | Annual      Increase/Benefit      Base* |
|-----------------------------------------------------------|---------------------|--------------------|-------------------------|-----------------------------------------|
| Rider      effective date                                 | $100,000            | $100,000           |                    | $100,000                                |
| 1st      Quarterly Anniversary                            | $  98,327 | $100,000           | $1,500                  | $101,500                                |
| 2nd      Quarterly Anniversary                            | $102,864            | $100,000           | $1,500                  | $103,000                                |
| During      the 3rd Quarter                               |                | $110,000           |                    | $113,000                                |
| 3rd      Quarterly Anniversary                            | $113,732            | $110,000           | $1,500                  | $114,500                                |
| 4th      Quarterly Anniversary/1st      Rider Anniversary | $115,362            | $110,000           | $1,650                  | $116,150                                |
| 5th      Quarterly Anniversary                            | $127,451            | $127,451           |                    | $127,451                                |
| 6th      Quarterly Anniversary                            | $  92,983 | $127,451           | $1,912                  | $129,363                                |

| * | Because      the table only shows calculations during the Guarantee Years, the Benefit      Base will always be equal to the Annual  Increase. |
|---|------------------------------------------------------------------------------------------------------------------------------------------------|

| · | On      the rider effective date, both the Annual Increase and the Increase Base      are equal to the Purchase Payment received on the Issue Date      ($100,000). |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | On      the first Quarterly Anniversary, we apply the simple interest increase to      the Increase Base and add it to the Annual Increase, which      is:  (1.5% x $100,000) + $100,000 = $1,500 + $100,000 =      $101,500. The Contract Value on this anniversary is $98,327, which is less      than the Annual Increase so there is noreset. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | On      the second Quarterly Anniversary, we apply the simple interest increase to      the Increase Base and add it to the Annual Increase, which      is:  (1.5% x $100,000) + $101,500 = $1,500 + $101,500= $103,000.      The Contract Value on this anniversary is $102,864, which is less than the      Annual Increase so there is noreset. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | During      the third quarter, on the Business Day we receive the additional Purchase      Payment of $10,000 we add that payment to both the Increase Base ($100,000      + $10,000 = $110,000) and the Annual Increase ($103,000 + $10,000 =      $113,000). |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | On      the third Quarterly Anniversary, we apply the simple interest increase to      the Increase Base. The simple interest increase is the Increase Base minus the Purchase Payment we      received during the last quarter multiplied by 1.5%, or 1.5% x      ($110,000 – $10,000) = $1,500. We then add the simple interest increase to      the Annual Increase, which is: $1,500 + $113,000 = $114,500. The Contract      Value on this anniversary is $113,732, which is less than the Annual      Increase so there is no reset. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | On      the fourth Quarterly Anniversary, we apply the simple interest increase to      the Increase Base and add it to the Annual Increase, which is: (1.5% x      $110,000) + $114,500 = $1,650 + $114,500= $116,150. The Contract Value on      this anniversary is $115,362, which is less than the Annual Increase so      there is no reset. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| · | On      the fifth Quarterly Anniversary, we apply the simple interest increase to      the Increase Base and add it to the Annual Increase, which is: (1.5% x      $110,000) + $116,150 = $1,650 + $116,150= $117,800. However, the Contract      Value on this anniversary is $127,451, which is greater than the Annual      Increase, so we reset both the Annual Increase and the Increase Base to      equal the Contract Value of$127,451. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | On      the sixth Quarterly Anniversary, we apply the simple interest increase to      the Increase Base and add it to the Annual Increase, which      is:  (1.5% x $127,451) + $127,451 = $1,912 + $127,451 =      $129,363. The Contract Value on this anniversary is $92,983, which is less      than the Annual Increase so there is noreset. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | Assuming      there were no other resets, no additional Purchase Payments, and no      Partial Annuitizations by the 12th rider anniversary (which is the 48th      Quarterly Anniversary), the Annual Increase would receive an additional 42      quarterly simple interest increases of      $1,912 each. On the 12th Contract Anniversary, the Annual Increase would      receive its last quarterly simple interest increase, and would be      $209,667. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | On      each subsequent Quarterly Anniversary, the Annual Increase may increase      due to additional Purchase Payments, or due to resets if the Contract      Value is greater than the Annual Increase, but the Annual Increase      receives no more 1.5% quarterly simple interest  increases. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Investment      Option Group C for the Income Protector (08.09) and      (05.10)                                                                                                                                                                                                                                                              |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| AZL      Allianz Global Investors Select FundAZL      Balanced Index Strategy FundAZL      Franklin Templeton Founding Strategy Plus FundAZL      Fusion Balanced FundAZL      Fusion Conservative FundAZL      Fusion Moderate FundAZL      Moderate Index Strategy FundAZL      Money Market FundAZL      Van Kampen Equity and Income Fund | BlackRock      Global Allocation V.I. FundFranklin      High Income Securities FundFranklin      U.S. Government FundFranklin      Zero Coupon Fund 2010PIMCO      VIT All Asset PortfolioPIMCO      VIT Emerging Markets Bond PortfolioPIMCO      VIT Global Bond Portfolio (Unhedged)PIMCO      VIT Global Multi-Asset PortfolioPIMCO      VIT High Yield PortfolioPIMCO      VIT Real Return PortfolioPIMCO      VIT Total Return PortfolioTempleton      Global Bond Securities Fund |

----

| · | The      Business Day we process your request to remove this benefit from your      Contract (the rider terminationdate). |
|--------|---------------------------------------------------------------------------------------------------------------------------|

| · | The      date of death of all CoveredPersons. |
|--------|-----------------------------------------------|

| · | The      older Covered Person’s 91stbirthday. |
|--------|-----------------------------------------------------|

| · | The      Business Day before the Income Date that you take a Full Annuitization,      including a required Full      Annuitization on the maximum permitted Income Date. For more      information, see section 3, The AnnuityPhase. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | The      Business Day we process your request for a full  withdrawal. |
|--------|-----------------------------------------------------------------------|

| · | Contract      termination. |
|--------|----------------------------|

| · | The      Business Day we process your request to remove this benefit from your      Contract (the rider termination date). This option is only available while      your Contract Value is positive. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | The      Business Day you take an Excess Withdrawal of the entire Contract      Value. |
|--------|----------------------------------------------------------------------------------------|

| · | The      Business Day you take an Excess Withdrawal if the current Benefit Base      (after reduction for the Excess Withdrawal) multiplied by the age-based      payment percentage of the younger Covered Person on the previous Benefit      Anniversary is less than $100. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | The      Business Day before the Income Date that you take a Full Annuitization,      including a required Full      Annuitization on the maximum permitted Income Date. For more      information, see section 3, The AnnuityPhase. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | On      the Benefit Date if the initial annual maximum Lifetime Plus Payment would      be less than $100. |
|--------|------------------------------------------------------------------------------------------------------------|

| · | For      single Lifetime Plus Payments when the Contract is solely owned or owned      by a non-individual, the date of death of the Covered    Person. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | For      single Lifetime Plus Payments where the Contract is jointly owned, if the      Contract Value has been reduced to zero, the date of death of the Covered      Person. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| · | For      single Lifetime Plus Payments where the Contract is jointly owned, if the      Contract Value has not been reduced to zero and the Joint Owners are not      spouses, the date of death of any JointOwner. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | For      single Lifetime Plus Payments where the Contract is jointly owned, if the      Contract Value has not been reduced to zero and the Joint Owners are      spouses, the date of death of any Joint Owner unless the surviving spouse      is the Covered Person and continues the Contract. If the surviving spouse      who is also the Covered Person continues the Contract, this rider      terminates on the date of death of the Covered  Person. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | For      joint Lifetime Plus Payments, the date of death of both Covered Persons.      However, if an Owner (or Annuitant, if the Contract is owned by a      non-individual) dies and the surviving spouse, who is also a Covered      Person, elects to receive payout of the death benefit instead of      continuing the Contract, then Lifetime Plus Payments will stop and your      benefit will terminate as of the end of the Business Day during which we      receive in Good Order at the Service Center, both due proof of death and      an election of the death benefit paymentoption. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | Contract      termination. |
|--------|----------------------------|

|   | 11.c      OTHER OPTIONAL BENEFITS |
|--------|-----------------------------------|

| 1. | The      Contract Value. If your Contract includes the Investment Protector or the      Income Protector, we will deduct the final rider charge from the Contract      Value before making thisdetermination. |
|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2. | The      Quarterly Anniversary Value. |
|----|---------------------------------------|

| * | Please      see section 10, Death Benefit for details on what we consider to be due      proof of death. |
|---|----------------------------------------------------------------------------------------------------------|

| · | The      Business Day before the Income Date that you take a Full Annuitization,      including a required Full      Annuitization on the maximum permitted Income Date. For more      information, see section 3, The AnnuityPhase. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | The      Business Day that the Quarterly Anniversary Value and Contract Value are      both zero. |
|--------|---------------------------------------------------------------------------------------------------|

| · | Contract      termination. |
|--------|----------------------------|

----

| · | the      Quarterly Anniversary Value under the Quarterly Anniversary Value Death      Benefit will decrease proportionately by the percentage of Contract Value      withdrawn (including any withdrawal charge), for each Lifetime Plus      Payment and Excess Withdrawal; |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | the      death benefit that is equal to your Contract Value will continue to      fluctuate with market performance but it will decrease on a dollar for      dollar basis with each Lifetime Plus Payment we make and any Excess      Withdrawal you take (including any withdrawal charge), and the deduction      of the rider charge; and |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | the      additional M&E charge associated with the Quarterly Value Death      Benefit will continue as long as the Quarterly Anniversary Value is      greater than zero. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | the      older Owner’s 91st birthday (or the Annuitant’s 91st birthday if the      Contract is owned by a non-individual);  or |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------|

| · | the      end of the Business Day during which we first receive in Good Order at our      Service Center, both due proof of death and an election of the death      benefit payment option. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | You      purchase a Contract with the Quarterly Value Death Benefit and make an      initial Purchase Payment of $100,000. You are the only Owner and are age      69 or younger on the Issue Date. You make no additional Purchase Payments.      All valuations of the Contract Value in this example occur at the end of      the previous Business Day and reflect the deduction of any applicable      transfer fees or the contract maintenance or rider  charges. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|                                       | Contract      Value | Quarterly      Anniversary Value |
|--------------------------------------------|---------------------|----------------------------------|
| On      the Issue Date                     | $100,000            | $100,000                         |
| 1st      Quarterly Anniversary             | $  98,000 | $100,000                         |
| 2nd      Quarterly Anniversary             | $102,000            | $102,000                         |
| 3rd      Quarterly Anniversary             | $104,000            | $104,000                         |
| 1st      Contract Anniversary              | $103,000            | $104,000                         |
| End      of 1st Quarter, 2nd Contract Year | $106,000            | $106,000                         |

| · | On      the Issue Date, the Quarterly Anniversary Value is equal to the Purchase      Payment received on the Issue Date($100,000). |
|--------|-------------------------------------------------------------------------------------------------------------------------------------|

| · | On      the first Quarterly Anniversary, the Contract Value had decreased to      $98,000, which is less than the current Quarterly Anniversary Value      ($100,000), so the Quarterly Anniversary Value was not      increased. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | On      the second Quarterly Anniversary, the Contract Value had increased to      $102,000, which is greater than the current Quarterly Anniversary Value      ($100,000), so the Quarterly Anniversary Value was increased to equal the      Contract Value. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | On      the third Quarterly Anniversary, the Contract Value had increased to      $104,000, which is greater than the current Quarterly Anniversary Value      ($102,000), so the Quarterly Anniversary Value was increased to equal the      Contract Value. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | At      the first Contract Anniversary, the Contract Value had decreased to      $103,000, which is less than the current Quarterly Anniversary Value      ($104,000), so the Quarterly Anniversary Value was not      increased. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | On      the fifth Quarterly Anniversary, the Contract Value had increased to      $106,000, which is greater than the current Quarterly Anniversary Value      ($104,000), so the Quarterly Anniversary Value was increased to equal the      Contract Value. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | Continuing      the assumptions from the previous example, except that you take a partial      withdrawal (including the withdrawal charge) of $9,000 in the second month      of the second Contract Year when the Contract Value on the day of (but      before) the partial withdrawal is$103,000. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | We adjust the      Quarterly Anniversary Value for the partial withdrawal as      follows: |
|--------|--------------------------------------------------------------------------------------------|

|   | The      current Quarterly AnniversaryValue$104,000.00 |
|--------|--------------------------------------------------------|

|   | Reduced      proportionately by the percentage of Contract  Value |
|--------|-------------------------------------------------------------------|

|   | withdrawn      ($9,000 / $103,000) = 0.08738 x $104,000 =-    9,087.52 |
|--------|--------------------------------------------------------------------------------------------|

|   | The      Quarterly Anniversary Value after the partial withdrawal$  94,912.48 |
|--------|-----------------------------------------------------------------------------------------|

| · | This      Quarterly Anniversary Value will remain in effect until at least the next      Quarterly Anniversary unless you take another partial      withdrawal. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | All      withdrawals will reduce the Quarterly Anniversary Value in exactly the      same manner, which is proportionately based on the percentage of Contract      Value withdrawn (including any withdrawal charge). Withdrawals include      amounts taken under the free withdrawal privilege, Lifetime Plus Payments      and any Excess Withdrawals, but do not include amounts withdrawn for the      contract maintenance or ridercharges. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| 1) | Bonus      amounts are available for withdrawal, annuitization or payment of a death      benefit only when such amounts become vested. Bonus amounts are included      in the calculation of the portion of any guaranteed benefits that are      based on Contract Value, but only as the bonus becomes vested. We do not      include the bonus in the portion of any guaranteed benefits that is based      on Purchase Payments (for example, the portion of the Traditional Death      Benefit that is based on total Purchase Payments). The vesting schedule is      as follows. |
|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Number      of CompleteYears      Since We Received Your Purchase Payment | Vesting      Percentage |
|---------------------------------------------------------------------------|-------------------------|
| 0                                                                         | 0%                      |
| 1                                                                         | 35%                     |
| 2                                                                         | 70%                     |
| 3+                                                                        | 100%                    |

| 2) | We      treat all bonus amounts and any gains or losses attributable to such      amounts as earnings under the Contract and are treated as such for      purposes of the withdrawal charge as well as for tax    purposes. |
|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3) | All      gains and losses attributable to the bonus are part of your Contract Value      and are always 100% vested. |
|----|----------------------------------------------------------------------------------------------------------------------|

| 4) | If      the Contract is owned by a non-individual, then we use the age of the      Annuitant to determine whether a bonusapplies. |
|----|-----------------------------------------------------------------------------------------------------------------------------------|

| * | Including      Lifetime Plus Payments, Excess Withdrawals and/or Cumulative      Withdrawals. |
|---|-----------------------------------------------------------------------------------------------|

----

| 12. | OTHER      INFORMATION |
|-----|------------------------|

----

| · | marketing      services and increased access to registered    representatives; |
|--------|--------------------------------------------------------------------------------|

| · | sales      promotions relating to theContracts; |
|--------|-------------------------------------------------|

| · | costs      associated with sales conferences and educational seminars for their      registered representatives; |
|--------|------------------------------------------------------------------------------------------------------------------|

| · | the      cost of client meetings and presentations;and |
|--------|--------------------------------------------------------|

| · | other      sales expenses incurred by them. |
|--------|---------------------------------------------|

----

| · | the      level of existing sales and assets held in contracts issued by us that are      sold through the broker/dealer firm and the potential for new or      additional sales; |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | the      organizational “fit” between the broker/dealer firm and the type of      wholesaling and marketing force weoperate; |
|--------|------------------------------------------------------------------------------------------------------------------------------------------|

| · | whether      the broker/dealer firm’s operational, IT, and support services structure      and requirements are compatible with our method of    operation; |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | whether      the broker/dealer firm’s product mix is oriented toward our core      markets; |
|--------|---------------------------------------------------------------------------------------------------|

| · | whether      the broker/dealer firm has a structure facilitating a marketing support      arrangement, such as frequent registered representative meetings and      training sessions; |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | the      potential return on investment of investing in a particular firm’s      system; |
|--------|------------------------------------------------------------------------------------------------|

| · | our      potential ability to obtain a significant level of the market share in the      broker/dealer firm’s distributionchannel; |
|--------|------------------------------------------------------------------------------------------------------------------------------------------|

| · | the      broker/dealer firm’s registered representative and customer profiles;      and |
|--------|-----------------------------------------------------------------------------------------------|

| · | the      prominence and reputation of the broker/dealer firm in its marketing      channel. |
|--------|---------------------------------------------------------------------------------------------|

| · | issuance      and maintenance of the Contracts, |
|--------|-------------------------------------------------|

| · | maintenance      of Owner records, |
|--------|------------------------------------|

| · | processing      and mailing of account statements and other mailings to Owners,      and |
|--------|------------------------------------------------------------------------------------------|

| · | routine      customer service including: |
|--------|------------------------------------------|

|   | – | responding      to Owner correspondence andinquiries, |
|--------|---------|-------------------------------------------------------|

|   | – | processing      of Contract changes, |
|--------|---------|--------------------------------------|

|   | – | processing      withdrawal requests (both partial and total)and |
|--------|---------|-----------------------------------------------------------------|

|   | – | processing      annuitization requests. |
|--------|---------|-----------------------------------------|

----

| 13. | TABLE      OF CONTENTS OF THE STATEMENT OF ADDITIONAL INFORMATION    (SAI) |
|-----|----------------------------------------------------------------------------|

|   | Allianz      Life2 |
|--------|--------------------|

|   | Experts2 |
|--------|----------|

|   | Legal      Opinions2 |
|--------|----------------------|

|   | Distributor2 |
|--------|--------------|

| Reduction      or Elimination of the Withdrawal Charge | 3 |
|--------------------------------------------------------|---|

|   | Federal      Tax Status3 |
|--------|--------------------------|

|   | General3 |
|--------|----------|

|   | Diversification4 |
|--------|------------------|

|   | Owner      Control4 |
|--------|---------------------|

|   | Contracts      Owned by Non-Individuals5 |
|--------|------------------------------------------|

|   | Income      Tax Withholding5 |
|--------|------------------------------|

|   | Required      Distributions5 |
|--------|------------------------------|

|   | Qualified      Contracts5 |
|--------|---------------------------|

|   | Annuity      Provisions6 |
|--------|--------------------------|

| Annuity      Units/Calculating Annuity Payments | 7 |
|-------------------------------------------------|---|

|   | Mortality      and Expense Risk Guarantee7 |
|--------|--------------------------------------------|

|   | Financial      Statements7 |
|--------|----------------------------|

| Appendix      – Condensed Financial Information | 8 |
|-------------------------------------------------------|---|

----

| 14. | PRIVACY      AND SECURITY STATEMENT |
|-----|-------------------------------------|

| · | From      you, either directly or through your agent. This may include information      on your insurance application or other forms you may complete, such as      your name, address and telephonenumber. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | From      others, through the process of handling a claim. This may include      information from medical or accidentreports. |
|--------|-------------------------------------------------------------------------------------------------------------------------------|

| · | From      your doctor or during a home visit by a health assessment professional.      This may include medical information about you gathered with your written      authorization. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | From      your relationship with us, such as the number of years you have been a      customer or the types of insurance products you  purchased. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------|

| · | From      a consumer reporting agency such as a medical, credit, or motor vehicle      report. The information in these reports may be kept by the agency and      shared with others. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | With      consumer reporting agencies to obtain a medical report, credit report, or      motor vehicle report. These reports are used to determine eligibility for      coverage or to process your requested  transactions. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | With      your insurance agent so that they can perform services for      you. |
|--------|--------------------------------------------------------------------------------|

| · | With      medical professionals in order to process your  claim. |
|--------|------------------------------------------------------------------|

| · | With      a state Department of Insurance in order to examine our records or      business practices. |
|--------|-------------------------------------------------------------------------------------------------------|

| · | With      a state or federal law enforcement agency, as required by law or to report      suspected fraud activities. |
|--------|-----------------------------------------------------------------------------------------------------------------------|

| · | With      research groups to conduct studies on claims results. No individual is      identified in any study or report. |
|--------|--------------------------------------------------------------------------------------------------------------------------|

----

| · | Allianz      Life Insurance Company of NorthAmerica |
|--------|-----------------------------------------------------|

| · | Allianz      Life Financial Services, LLC |
|--------|-------------------------------------------|

----

|   | APPENDIX      A – ANNUAL OPERATING EXPENSES FOR EACH INVESTMENT  OPTION |
|--------|-------------------------------------------------------------------------------|

| Investment      Option                                                                 | Management      fees | Rule      12b-1 fees* | Service      fees | Other      expenses | Acquired      fund fees and expenses | Total      annual operating expenses before contractual fee waivers or expense      reimbursements | Amount      of contractual fee waivers and reimbursements | Total      annual operating expenses after contractual fee waivers or expense      reimbursements |
|----------------------------------------------------------------------------------------|----------------------|-----------------------|-------------------|---------------------|--------------------------------------|----------------------------------------------------------------------------------------------------|-----------------------------------------------------------|---------------------------------------------------------------------------------------------------|
| AIM                                                                                    |                 |                  |              |                |                                 |                                                                                               |                                                      |                                                                                              |
| AZL      AIM International Equity Fund(1)                                              | .90                  | .25                   | –           | .22                 | –                              | 1.37                                                                                               | –                                                   | 1.37                                                                                              |
| BLACKROCK                                                                              |                 |                  |              |                |                                 |                                                                                               |                                                      |                                                                                              |
| AZL      BlackRock Capital Appreciation  Fund(1)                             | .80                  | .25                   | –           | .15                 | –                              | 1.20                                                                                               | –                                                   | 1.20                                                                                              |
| AZL      International Index Fund(1),(11)                                              | .35                  | .25                   | –           | .10                 | –                              | .70                                                                                                | –                                                   | .70                                                                                               |
| AZL      Money Market Fund(1)                                                          | .35                  | .25                   | –           | .09                 | –                              | .69                                                                                                | –                                                   | .69                                                                                               |
| AZL      S&P 500 Index Fund –Class      1(1),(5),(6)                         | .17                  | –               | –           | .23                 | –                              | .40                                                                                                | .14                                                       | .26                                                                                               |
| AZL      S&P 500 Index Fund –Class      2(1),(5)                             | .17                  | .25                   | –           | .23                 | –                              | .65                                                                                                | .14                                                       | .51                                                                                               |
| AZL      Small Cap Stock Index Fund –Class      2(1)                             | .26                  | .25                   | –           | .26                 | –                              | .77                                                                                                | .17                                                       | .60                                                                                               |
| BlackRock      Global Allocation V.I. Fund – Class 3                             | .65                  | .25                   | –           | .13                 | –                              | 1.03                                                                                               | –                                                   | 1.03                                                                                              |
| COLUMBIA                                                                               |                 |                  |              |                |                                 |                                                                                               |                                                      |                                                                                              |
| AZL      Columbia Mid Cap Value Fund(1)                                                | .75                  | .25                   | –           | .13                 | –                              | 1.13                                                                                               | –                                                   | 1.13                                                                                              |
| AZL      Columbia Small Cap Value Fund – Class 1(1),(5),(6)                      | .90                  | –               | –           | .32                 | –                              | 1.22                                                                                               | .12                                                       | 1.10                                                                                              |
| AZL      Columbia Small Cap Value Fund – Class 2(1),(5)                          | .90                  | .25                   | –           | .34                 | –                              | 1.49                                                                                               | .12                                                       | 1.37                                                                                              |
| DAVIS                                                                                  |                 |                  |              |                |                                 |                                                                                               |                                                      |                                                                                              |
| AZL      Davis NY Venture Fund –Class      1(1),(5),(6)                          | .75                  | –               | –           | .10                 | –                              | .85                                                                                                |  –                                             | .85                                                                                               |
| AZL      Davis NY Venture Fund –Class      2(1),(5)                              | .75                  | .25                   | –           | .12                 | –                              | 1.12                                                                                               | –                                                   | 1.12                                                                                              |
| Davis      VA Financial Portfolio(4)                                                   | .75                  | –               | –           | .13                 | –                              | .88                                                                                                | –                                                   | .88                                                                                               |
| DREYFUS                                                                                |                 |                  |              |                |                                 |                                                                                               |                                                      |                                                                                              |
| AZL      Dreyfus Equity Growth Fund(1)                                                 | .77                  | .25                   | –           | .08                 | –                              | 1.10                                                                                               | –                                                   | 1.10                                                                                              |
| EATON      VANCE                                                                       |                 |                  |              |                |                                 |                                                                                               |                                                      |                                                                                              |
| AZL      Eaton Vance Large Cap Value Fund(1)                                           | .73                  | .25                   | –           | .09                 | –                              | 1.07                                                                                               | –                                                   | 1.07                                                                                              |
| FRANKLIN      TEMPLETON                                                                |                 |                  |              |                |                                 |                                                                                               |                                                      |                                                                                              |
| AZL      Franklin Small Cap Value Fund(1)                                              | .75                  | .25                   | –           | .12                 | –                              | 1.12                                                                                               | –                                                   | 1.12                                                                                              |
| AZL      Franklin Templeton Founding Strategy Plus Fund – Class 2(1),(11)        | .70                  | .25                   | –           | .25                 | –                              | 1.20                                                                                               | –                                                   | 1.20                                                                                              |
| Franklin      High Income Securites Fund – Class 2(3)                            | .57                  | .25                   | –           | .09                 | –                              | .91                                                                                                | –                                                   | .91                                                                                               |
| Franklin      Income Securities Fund – Class 2(3)                                | .45                  | .25                   | –           | .02                 | –                              | .72                                                                                                | –                                                   | .72                                                                                               |
| Franklin      Templeton VIP Founding Funds Allocation Fund – Class 2(7)          | .00                  | .25                   | –           | .13                 | .65                                  | 1.03                                                                                               | .03                                                       | 1.00                                                                                              |
| Franklin      U.S. Government Fund –Class      2(3)                              | .49                  | .25                   | –           | .04                 | –                              | .78                                                                                                | –                                                   | .78                                                                                               |
| Franklin      Zero Coupon Fund 2010 – Class 1(3)                                 | .60                  | –               | –           | .08                 | –                              | .68                                                                                                | –                                                   | .68                                                                                               |
| Mutual      Global Discovery Securities Fund – Class 2                           | .80                  | .25                   | –           | .18                 | –                              | 1.23                                                                                               | –                                                   | 1.23                                                                                              |
| Mutual      Shares Securities Fund –Class      2                                 | .60                  | .25                   | –           | .13                 | –                              | .98                                                                                                | –                                                   | .98                                                                                               |
| Templeton      Global Bond Securities Fund – Class 2(3)                          | .47                  | .25                   | –           | .11                 | –                              | .83                                                                                                | –                                                   | .83                                                                                               |
| Templeton      Growth Securities Fund –Class      2(3)                           | .74                  | .25                   | –           | .04                 | –                              | 1.03                                                                                               | –                                                   | 1.03                                                                                              |
| J.P.      MORGAN                                                                       |                 |                  |              |                |                                 |                                                                                               |                                                      |                                                                                              |
| AZL      JPMorgan U.S. Equity Fund –Class      1(1),(5),(6)                      | .80                  | –               | –           | .23                 | –                              | 1.03                                                                                               | .08                                                       | .95                                                                                               |
| AZL      JPMorgan U.S. Equity Fund –Class      2(1),(5)                          | .80                  | .25                   | –           | .25                 | –                              | 1.30                                                                                               |  .08                                                 | 1.22                                                                                              |
| MFS                                                                                    |                 |                  |              |                |                                 |                                                                                               |                                                      |                                                                                              |
| AZL      MFS Investors Trust Fund(1)                                                   | .75                  | .25                   | –           | .11                 | –                              | 1.11                                                                                               | –                                                   | 1.11                                                                                              |
| OPPENHEIMER  CAPITAL                                                         |                 |                  |              |                |                                 |                                                                                               |                                                      |                                                                                              |
| AZL      OCC Growth Fund(1),(11)                                                       | .75                  | .25                   | –           | .20                 | –                              | 1.20                                                                                               | –                                                   | 1.20                                                                                              |
| AZL      OCC Opportunity Fund(1)                                                       | .85                  | .25                   | –           | .15                 | –                              | 1.25                                                                                               | –                                                   | 1.25                                                                                              |
| OpCap      Mid Cap Portfolio(8)                                                        | .80                  | –               | –           | .18                 | –                              | .98                                                                                                | –                                                   | .98                                                                                               |
| PIMCO                                                                                  |                 |                  |              |                |                                 |                                                                                               |                                                      |                                                                                              |
| PIMCO      VIT All Asset Portfolio –Admin.      Class(4),(9),(10)                | .425                 | –               | .15               | –             | .76                                  | 1.335                                                                                              | .02                                                       | 1.315                                                                                             |
| PIMCO      VIT CommodityRealReturn Strategy Portfolio – Admin. Class(2),(4),(10) | .74                  | –               | .15               | .17                 | .09                                  | 1.15                                                                                               | .09                                                       | 1.06                                                                                              |
| PIMCO      VIT Emerging Markets Bond Portfolio – Admin. Class(4)                 | .85                  | –               | .15               | .13                 | –                              | 1.13                                                                                               | –                                                   | 1.13                                                                                              |
| PIMCO      VIT Global Bond Portfolio (Unhedged) – Admin. Class(4)                | .75                  | –               | .15               | .07                 | –                              | .97                                                                                                | –                                                   | .97                                                                                               |
| PIMCO      VIT Global Multi-Asset Portfolio – Admin. Class(12),(13)              | .95                  | –               | .15               | .09                 | .68                                  | 1.87                                                                                               | .77                                                       | 1.10                                                                                              |
| PIMCO      VIT High Yield Portfolio –Admin.      Class(4)                        | .60                  | –               | .15               | –             | –                              | .75                                                                                                | –                                                   | .75                                                                                               |
| PIMCO      VIT Real Return Portfolio –Admin.      Class(4)                       | .50                  | –               | .15               | .06                 | –                              | .71                                                                                                | –                                                   | .71                                                                                               |
| PIMCO      VIT Total Return Portfolio –Admin.      Class(4)                      | .50                  | –               | .15               | .23                 | –                              | .88                                                                                                | –                                                   | .88                                                                                               |
| SCHRODER                                                                               |                 |                  |              |                |                                 |                                                                                               |                                                      |                                                                                              |
| AZL      Schroder Emerging Markets Equity Fund(1)                                      | 1.23                 | .25                   | –           | .47                 | –                              | 1.95                                                                                               | .28                                                       | 1.67                                                                                              |
| TURNER                                                                                 |                 |                  |              |                |                                 |                                                                                               |                                                      |                                                                                              |
| AZL      Turner Quantitative Small Cap Growth Fund(1)                                  | .85                  | .25                   | –           | .16                 | –                              | 1.26                                                                                               | –                                                   | 1.26                                                                                              |
| VAN      KAMPEN                                                                        |                 |                  |              |                |                                 |                                                                                               |                                                      |                                                                                              |
| AZL      Van Kampen Equity and Income Fund(1)                                          | .75                  | .25                   | –           | .13                 | –                              | 1.13                                                                                               | –                                                   | 1.13                                                                                              |
| AZL      Van Kampen Global Real Estate Fund(1)                                         | .90                  | .25                   | –           | .28                 | –                              | 1.43                                                                                               | .07                                                       | 1.36                                                                                              |
| AZL      Van Kampen Growth and Income Fund(1)                                          | .76                  | .25                   | –           | .11                 | –                              | 1.12                                                                                               | –                                                   | 1.12                                                                                              |
| AZL      Van Kampen International Equity Fund(1)                                       | .95                  | .25                   | –           | .15                 | –                              | 1.35                                                                                               | –                                                   | 1.35                                                                                              |
| AZL      Van Kampen Mid Cap Growth Fund(1)                                             | .80                  | .25                   | –           | .10                 | –                              | 1.15                                                                                               | –                                                   | 1.15                                                                                              |

----

| * | The      12b-1 fees cover certain distribution and shareholder support services      provided by the companies selling Contracts. Our principal underwriter,      Allianz Life Financial Services, LLC, will receive 12b-1 fees, except for      those classes of shares that do not pay a 12b-1 fee, as identified by      footnote (5). |
|---|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (1) | Allianz      Investment Management LLC (AZIM), the Investment Option’s investment      adviser, and the Investment Option have entered into a written contract      limiting certain operating expenses to the amount listed above in the far      right column, after waivers and reimbursements, through April 30, 2010.      The operating expenses covered by the expense limitation agreement include      fees deducted from Investment Option assets such as audit fees and      payments to independent trustees, but do not include the operating      expenses of other investment companies in which the Investment Option may      invest (acquired fund fees and expenses). The Investment Option is      authorized to reimburse AZIM for management fees previously waived and/or      for the cost of other expenses paid by AZIM provided that such      reimbursement will not cause the Investment Option to exceed the expense      limits in effect at the time of such reimbursement. The Investment      Option’s ability to reimburse AZIM in this manner applies only to fees      paid or reimbursement made by AZIM within the three fiscal years prior to      the date of such reimbursement. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2) | PIMCO      has contractually agreed to waive the management fee and the      administration fee it receives from the Portfolio in an amount equal to      the management fee and administration fee paid to PIMCO by the subsidiary.      This waiver may not be terminated by PIMCO and will remain in effect for      as long as PIMCO’s contract with the subsidiary is in    place. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (3) | The      Fund administration fee is paid indirectly through the management      fee. |
|-----|--------------------------------------------------------------------------------------|

| (4) | We      may enter into certain arrangements under which we, or our affiliate      Allianz Life Financial Services, LLC, the principal underwriter for the      Contracts, are compensated by the Investment Options’ advisers,      distributors and/or affiliates for the administrative services and      benefits which we provide to the Investment Options. The amount of the      compensation usually is based on the aggregate assets of the Investment      Options of other investment portfolios from contracts that we issue or      administer. Some advisers may pay us more or less than others, however,      the maximum fee that we currently receive is at the annual rate of 0.25%      of the average aggregate amount invested by us in the Investment      Options. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (5) | The      Investment Option has both Class 1 shares and Class 2 shares. Class 2      shares pay a 12b-1 fee of up to 0.25% of its average daily assets. Class 1      shares do not pay a 12b-1 fee. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (6) | Not      currently available. |
|-----|-------------------------------|

| (7) | The      Fund’s administrator has contractually agreed to waive or limit its fee      and to assume as its own expense certain expenses of the Fund, so that      common annual operating expenses of the fund do not exceed 0.10% (other      than certain non-routine expenses or costs, including those relating to      litigation, indemnification, reorganizations, and liquidations) until      April 30, 2010. The Fund does not pay management fees but will indirectly      bear its proportionate share of any management fees and other expenses      paid by the underlying funds (or “acquired funds”) in which it invests.      Acquired funds’ estimated fees and expenses are based on the acquired      funds’ expenses for the fiscal year ended December 31,    2008. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (8) | OpCap      Advisors has contractually agreed to reduce the total annual portfolio      operating expenses to the extent they would exceed 1.00% (net of any      expenses offset by earnings credits from the custodian bank) of the      Portfolio’s average daily net assets. This reduction of annual portfolio      operating expenses is guaranteed by OpCap Advisors through December 31,      2015. Net portfolio operating expenses do not reflect a reduction of      custody expenses offset by custody credits earned on cash balances at the      custodian bank. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (9) | Acquired      fund fees and expenses (underlying fund expenses) for the Portfolio are      based upon an allocation of the Portfolio’s assets among the underlying      funds and upon the total annual operating expenses of the institutional      class shares of these underlying funds. Acquired fund fees and expenses      will vary with changes in the expenses of the underlying funds, as well as      allocation of the Portfolio’s assets, and may be higher or lower than      those shown above. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (10)      PIMCO has contractually agreed to waive or reduce the advisory fee and/or      administration fee. PIMCO may recoup these waivers in future periods, not      exceeding three years, provided total expenses, including such recoupment,      does not exceed the annual expense limit. See the Investment Option      prospectus for further information. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (11) | The      Investment Option commenced operations under this Contract in 2009.      Therefore, the expenses shown are estimated for the current calendar      year. |
|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| Investment      Option                               | Management      fees | Rule      12b-1 fees* | Other      expenses | Total  | Acquired      fund fees and expenses(2) | Total      annual operating expenses before contractual fee waivers or expense      reimbursements | Amount      of contractual fee waivers and reimbursements | Total      annual operating expenses after contractual fee waivers or expense      reimbursements |
|------------------------------------------------------|----------------------|-----------------------|---------------------|--------|-----------------------------------------|----------------------------------------------------------------------------------------------------|-----------------------------------------------------------|---------------------------------------------------------------------------------------------------|
| ALLIANZ      FUND OF FUNDS                           |                 |                  |                |   |                                    |                                                                                               |                                                      |                                                                                              |
| AZL      Allianz Global Investors Select Fund(1),(4) | .05                  | –               | .15                 | .20    | 1.06                                    | 1.26                                                                                               | –                                                   | 1.26                                                                                              |
| AZL      Balanced Index Strategy Fund(1),(4)         | .05                  | –               | .15                 | .20    | .63                                     | .83                                                                                                | –                                                   | .83                                                                                               |
| AZL      Fusion Balanced Fund(1),(3)                 | .20                  | –               | .05                 | .25    | 1.25                                    | 1.50                                                                                               | –                                                   | 1.50                                                                                              |
| AZL      Fusion Conservative Fund(1),(3),(4)         | .20                  | –               | .20                 | .40    | .91                                     | 1.31                                                                                               | .05                                                       | 1.26                                                                                              |
| AZL      Fusion Growth Fund(1),(3)                   | .20                  | –               | .04                 | .24    | 1.36                                    | 1.60                                                                                               | –                                                   | 1.60                                                                                              |
| AZL      Fusion Moderate Fund(1),(3)                 | .20                  | –               | .05                 | .25    | 1.29                                    | 1.54                                                                                               | –                                                   | 1.54                                                                                              |
| AZL      Moderate Index Strategy Fund(1),(4)         | .05                  | –               | .15                 | .20    | .61                                     | .81                                                                                                | –                                                   | .81                                                                                               |

| * | The      12b-1 fees cover certain distribution and shareholder support services      provided by the companies selling Contracts. Our principal underwriter,      Allianz Life Financial Services, LLC, will receive 12b-1    fees. |
|---|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (1) | Allianz      Investment Management LLC (AZIM), the Investment Option’s investment      adviser, and the Investment Option have entered into a written contract      limiting certain operating expenses from exceeding 0.35% for the AZL      Fusion Conservative Fund, 0.30% for the other three Fusion Funds, and      0.20% for the AZL Allianz Global Investors Select Fund, AZL Balanced Index      Strategy Fund, and the AZL Moderate Index Strategy Fund, through at least      April 30, 2010. The operating expenses covered by the expense limitation      include fees deducted from fund assets such as audit fees and payments to      outside trustees, but do not include the operating expenses of other      investment companies in which the funds may invest (acquired fund fees and      expenses). Acquired fund fees and expenses are incurred indirectly by the      Investment Option(s) through the Investment Option’s investment in      permitted underlying funds. Accordingly, acquired fees and expenses affect      the Investment Option’s total returns. The Investment Option is authorized      to reimburse AZIM for fees previously waived and/or for the cost of other      expenses paid by AZIM provided that such reimbursement will not cause the      Investment Option to exceed the expense limits in effect at the time of      such reimbursement. AZIM may request and receive reimbursement of fees      waived or limited and other reimbursements made by AZIM. The Investment      Option’s ability to reimburse AZIM in this manner only applies to fees      paid or reimbursement made by AZIM within the three fiscal years prior to      the date of such reimbursement. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2) | Persons      with Contract Value allocated to the AZL Fund of Funds will also      indirectly pay the expenses of the underlying funds. The underlying fund      fees and expenses are an estimate. These expenses will vary, depending      upon the allocation of assets to individual underlying funds. In addition,      it can be expected that underlying funds may be added or deleted as      investments, with a resulting change in expenses. The investment advisers      to the underlying funds or their affiliates may pay “service fees” to      Allianz Life or its affiliates for providing customer service and other      administrative services to Contract purchasers. The amount of such fees      may vary by underlying fund. The underlying funds may also pay Rule 12b-1      distribution fees to the distributor of the Contracts. The underlying      funds do not pay service fees or 12b-1 fees to the AZL Fund of Funds and      the AZL Fund of Funds do not pay service fees or 12b-1    fees. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (3) | Effective      December 1, 2008, (effective April 27, 2009, for AZL Fusion Conservative      Fund) the Manager and the Fund entered into a written agreement whereby      the Manager has voluntarily reduced the management fee to 0.15% through      April 30, 2010.  If this voluntary fee reduction were reflected      in the table, the net annual operating expenses would be      lower. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (4) | The      Investment Option commenced operations under this Contract in 2009.      Therefore the expenses shown are estimated for the current calendar      year. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   | APPENDIX      B – CONDENSED FINANCIAL INFORMATION |
|--------|---------------------------------------------------------|

| * Key to Benefit Option                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    | M&E      Charges |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|----------------------|
| Allianz      Vision – Base      Contract                                                                                                                           | 1.40%                |
| Allianz      Vision – Contract with the Bonus Option and the Quarterly Value Death      Benefit                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      | 2.00%                |

| Benefit      Option *  | Period      or Year Ended | AUV      at Beginning of Period | AUV      at End of Period | Number      of Accumulation Units Outstanding at End of Period |
|------------------------|---------------------------|---------------------------------|---------------------------|----------------------------------------------------------------|
| Investment      Option |

----

|   | APPENDIX      C – RIDER CHARGE EXAMPLES |
|--------|-----------------------------------------------|

| · | You      purchase a Contract on January first with an initial Purchase Payment of      $100,000. You select the Investment Protector at issue. For this example,      assume that the benefit is subject to a current rider charge of 2.50% of      the Target Value. All valuations of the Contract Value in this example      occur at the end of the previous Business Day and reflect the deduction of      any applicable contract maintenancecharge. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | During      the first quarter you make no additional Purchase Payments and take no      withdrawals. Your Target Value during the entire first quarter is equal to      the Purchase Payment received on the Issue Date ($100,000). There are 90      days in the first quarter, but we do not assess the rider charge on the      rider effective date, so we will only assess a rider charge for 89      days. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | We      calculate the Investment Protector daily rider charge on each day for the      first quarter as follows: |
|--------|------------------------------------------------------------------------------------------------------------------|

|   | The      daily rider charge rate = 2.50% ÷ 365=0.006849% |
|--------|---------------------------------------------------------------|

|   | Multiplied      by the Target Value on that dayx      $100,000 |
|--------|----------------------------------------------------------------|

|   | $   6.85 |
|--------|-------------------------|

| · | The      second quarter has 91 days, so at the end of the Business Day before the      second Quarterly Anniversary, we would deduct $623.35 ($6.85 x      91). |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | The      third quarter has 92 days, so at the end of the Business Day before the      third Quarterly Anniversary, we would deduct $630.20 ($6.85 x      92). |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | The      fourth quarter also has 92 days, so at the end of the Business Day before      the fourth Quarterly Anniversary (which is also the first Contract      Anniversary), we would deduct$630.20. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| · | You      purchase a Contract on January first with an initial Purchase Payment of      $100,000. For this example, assume that the Annual Increase Percentage is      6% and the number of Guarantee Years is 12. You select the Income      Protector with single Lifetime Plus Payments at issue. The benefit is      subject to a current rider charge of 2.50% of the Benefit Base. During      this year you do not make any additional Purchase Payments, take any      withdrawals, or begin taking Lifetime Plus Payments and we do not exercise      our right to change your rider charge. All valuations of the Contract      Value in this example occur at the end of the previous Business Day and      reflect the deduction of any applicable contract maintenance      charge. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | Your      Annual Increase and Benefit Base during the entire first quarter are both      equal to the Purchase Payment received on the Issue Date ($100,000). There      are 90 days in the first quarter, but we do not assess the rider charge on      the rider effective date, so we will only assess a rider charge for 89      days. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | We      calculate the Income Protector daily rider charge on each day for the      first quarter as follows: |
|--------|--------------------------------------------------------------------------------------------------------------|

|   | The      daily rider charge rate = 2.50% ÷ 365=0.006849% |
|--------|---------------------------------------------------------------|

|   | Multiplied      by the Benefit Base on that dayx      $100,000 |
|--------|----------------------------------------------------------------|

|   | $   6.85 |
|--------|-------------------------|

| · | On      the first Quarterly Anniversary you receive a 6% simple interest to the      Annual Increase, which is $100,000 + ($100,000 x (6% / 4)) = $101,500.      Your Contract Value at the end of the previous Business Day is less than      the Annual Increase, so we do not reset your Annual Increase. We will also      increase your Benefit Base to equal the new Annual Increase ($101,500).      There are 91 days in the secondquarter. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | We      calculate the Income Protector daily rider charge on each day for the      second quarter as follows: |
|--------|---------------------------------------------------------------------------------------------------------------|

|   | The      daily rider charge rate = 2.50% ÷ 365=0.006849% |
|--------|---------------------------------------------------------------|

|   | Multiplied      by the Benefit Base on that dayx      $101,500 |
|--------|----------------------------------------------------------------|

|   | $   6.95 |
|--------|-------------------------|

| · | On      the second Quarterly Anniversary you receive a 6% simple interest to the      Annual Increase, which is $101,500 + ($100,000 x (6% / 4)) = $103,000.      Your Contract Value at the end of the previous Business Day is less than      the Annual Increase, so we do not reset your Annual Increase. We will also      increase your Benefit Base to equal the new Annual Increase ($103,000).      There are 92 days in the thirdquarter. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | We      calculate the Income Protector daily rider charge for the third quarter as      follows: |
|--------|--------------------------------------------------------------------------------------------------|

|   | The      daily rider charge rate = 2.50% ÷ 365=0.006849% |
|--------|---------------------------------------------------------------|

|   | Multiplied      by the Benefitx      $103,000 |
|--------|-----------------------------------------------|

|   | $   7.05 |
|--------|-------------------------|

| · | On      the third Quarterly Anniversary you receive a 6% simple interest to the      Annual Increase, which is $103,000 + ($100,000 x (6% / 4)) = $104,500.      Your Contract Value at the end of the previous Business Day is $109,000,      which is greater than the Annual Increase, so we reset your Annual      Increase to $109,000. We will also increase your Benefit Base to equal the      new Annual Increase ($109,000). There are 92 days in the fourth      quarter. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | We      calculate the Income Protector daily rider charge for the fourth quarter      as follows: |
|--------|---------------------------------------------------------------------------------------------------|

|   | The      daily rider charge rate = 2.50% ÷ 365=0.006849% |
|--------|---------------------------------------------------------------|

|   | Multiplied      by the Benefit Base on that dayx      $109,000 |
|--------|----------------------------------------------------------------|

|   | $   7.47 |
|--------|-------------------------|

----

| · | You      purchase a Contract on January first with an initial Purchase Payment of      $100,000. You select the Income Protector with single Lifetime Plus      Payments at issue. The benefit is subject to a current rider charge of      2.50% of the Benefit Base. Your Benefit Base on the rider effective date      is equal to the Purchase Payment received on the Issue Date ($100,000).      All valuations of the Contract Value in this example occur at the end of      the previous Business Day and reflect the deduction of any applicable      contract maintenance charge. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | On      the 20th day of the first quarter you have not begun receiving Lifetime      Plus Payments and you take a withdrawal of $10,100 when your Contract      Value at the end of that day is $101,000. The percentage of Contract Value      withdrawn is 10% ($10,100 ÷ $101,000). The withdrawal also proportionately      reduces your Benefit Base as follows:  $100,000 - ($10% x      $100,000) = $100,000 - $10,000 =$90,000. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | There      are 90 days in the first quarter, but we do not assess the rider charge on      the rider effective date, so we will only assess a rider charge for 89      days. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | We      calculate the Income Protector daily rider charge each day for the first      19 days of the quarter as follows: |
|--------|--------------------------------------------------------------------------------------------------------------------------|

|   | The      daily rider charge rate = 2.50% ÷ 365=0.006849% |
|--------|---------------------------------------------------------------|

|   | Multiplied      by the Benefit Base on that dayx      $100,000 |
|--------|----------------------------------------------------------------|

|   | $  6.85 |
|--------|-------------------|

|   | We      calculate the Income Protector daily rider charge each day for the next 70      days of the quarter as follows: |
|--------|-------------------------------------------------------------------------------------------------------------------------|

|   | The      daily rider charge rate = 2.50% ÷ 365=0.006849% |
|--------|---------------------------------------------------------------|

|   | Multiplied      by the Benefit Base on that dayx      $90,000 |
|--------|---------------------------------------------------------------|

|   | $   6.16 |
|--------|-------------------------|

| · | You      purchase a Contract on January first with an initial Purchase Payment of      $100,000. You select the Income Protector with single Lifetime Plus      Payments at issue. The benefit is subject to a current rider charge of      2.50% of the Benefit Base. Your Benefit Base on the rider effective date      is equal to the Purchase Payment received on the Issue Date ($100,000).      All valuations of the Contract Value in this example occur at the end of      the previous Business Day and reflect the deduction of any applicable      contract maintenance charge. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | You      begin taking the annual maximum Lifetime Plus Payment you are entitled to      15 days into the first quarter, and your Benefit Base on the Benefit Date      is $100,000. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | On      the first Benefit Anniversary you receive an annual payment increase to      your Lifetime Plus Payment because your Contract Value has increased to      $102,000, and we also increase your Benefit Base to equal the $102,000      Contract Value. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | During      the first quarter of the second year, you do not take any Excess      Withdrawals and as of the first Quarterly Anniversary of the second year,      we have not exercised our right to change your rider charge. There are 90      days in the first quarter of the secondyear. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   | We      calculate the Income Protector daily rider charge each day for the first      15 days of the first quarter of the second rider year as      follows: |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | The      daily rider charge rate = 2.50% ÷ 365=0.006849% |
|--------|---------------------------------------------------------------|

|   | Multiplied      by the Benefit Base on that dayx      $100,000 |
|--------|----------------------------------------------------------------|

|   | $   6.85 |
|--------|-------------------------|

|   | We      calculate the Income Protector daily rider charge each day for the next 75      days of the first quarter of the second rider year as    follows: |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | The      daily rider charge rate = 2.50% ÷ 365=0.006849% |
|--------|---------------------------------------------------------------|

|   | Multiplied      by the Benefit Base on that dayx      $102,000 |
|--------|----------------------------------------------------------------|

|   | $   6.99 |
|--------|-------------------------|

----

|   | APPENDIX      D – WITHDRAWAL CHARGE EXAMPLES |
|--------|----------------------------------------------------|

|   | Full withdrawal when      the Contract Value has declined due to a loss in your selected Investment      Options: |
|--------|-------------------------------------------------------------------------------------------------------------------|

| · | You      take a full withdrawal in the third Contract Year when the Contract Value      is $90,000 and the withdrawal charge is 7.5%. You have taken no other      withdrawals from the Contract. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | There      are no Purchase Payments that are beyond the withdrawal charge period and      the free withdrawal privilege does not apply upon a full withdrawal.      Because this is a full withdrawal, we assess the withdrawal charge against      the entire Withdrawal Charge Basis. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | We      calculate the withdrawal charge asfollows: |
|--------|----------------------------------------------------|

|   | The      Withdrawal Charge Basis is equal to total Purchase Payments, less any      Purchase Payments withdrawn thatwere |
|--------|--------------------------------------------------------------------------------------------------------------------------|

|   | subject      to a withdrawal charge, less any withdrawal charges = $100,000 – $0 – $0 =      $100,000 |
|--------|-------------------------------------------------------------------------------------------------------------------|

|   | Multiplied      by the withdrawal chargex    7.5% |
|--------|-----------------------------------------------------------------------|

|   | $   7,500 |
|--------|--------------------------|

|   | Partial withdrawal      under the free withdrawal privilege followed by a full      withdrawal: |
|--------|-------------------------------------------------------------------------------------------------|

| · | You      take a partial withdrawal of $9,000 in the second Contract Year. The total      amount available under the free withdrawal privilege at this time is      $12,000. The $9,000 withdrawn is not subject to a withdrawal charge and      will not reduce the Withdrawal ChargeBasis. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | You      take a full withdrawal in the third Contract Year when the Contract Value      is $90,000 and the withdrawal charge is 7.5%. At this time, there are no      Purchase Payments that are beyond the withdrawal charge period. Because      this is a full withdrawal, the free withdrawal privilege does not apply      and we will assess the withdrawal charge against the entire Withdrawal      Charge Basis. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | We      calculate the withdrawal charge for the full withdrawal as      follows: |
|--------|----------------------------------------------------------------------------------|

|   | The      Withdrawal Charge Basis is equal to total Purchase Payments, less any      Purchase Payments withdrawn thatwere |
|--------|--------------------------------------------------------------------------------------------------------------------------|

|   | subject      to a withdrawal charge, less any withdrawal charges = $100,000 – $0 – $0 =      $100,000 |
|--------|-------------------------------------------------------------------------------------------------------------------|

|   | Multiplied      by the withdrawal chargex    7.5% |
|--------|-----------------------------------------------------------------------|

|   | $   7,500 |
|--------|--------------------------|

|   | Partial withdrawal in      excess of the free withdrawal privilege followed by a full      withdrawal: |
|--------|--------------------------------------------------------------------------------------------------------|

| · | You      take a partial withdrawal of $15,000 in the second Contract Year when the      withdrawal charge is 8.5%. The total amount available under the free      withdrawal privilege at this time is $12,000, so $3,000 of the withdrawal      is subject to a withdrawal charge and will reduce the Withdrawal Charge      Basis. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | We      calculate the withdrawal charge for the partial withdrawal as      follows: |
|--------|-------------------------------------------------------------------------------------|

|   | The      amount of the withdrawal that is subject to a withdrawal charge$      3,000 |
|--------|--------------------------------------------------------------------------------------|

|   | Divided      by (1 minus the withdrawal charge percentage)¸      0.915 |
|--------|-----------------------------------------------------------------------------|

|   | Total      amount withdrawn$ 3,279 |
|--------|------------------------------------|

|   | Total      withdrawal charge (amount withdrawn minus the amount requested) = $3,279 -      $3,000 =$    279 |
|--------|---------------------------------------------------------------------------------------------------------------------------------|

----

| · | Continuing      the example, assume you take a full withdrawal in the third Contract Year      when the Contract Value is $90,000 and the withdrawal charge is 7.5%. At      this time, there are no Purchase Payments that are beyond the withdrawal      charge period. Because this is a full withdrawal, the free withdrawal      privilege does not apply and we will assess the withdrawal charge against      the entire Withdrawal Charge Basis. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | We      calculate the withdrawal charge for the full withdrawal as      follows: |
|--------|----------------------------------------------------------------------------------|

|   | The      Withdrawal Charge Basis is equal to total Purchase Payments, less any      Purchase Payments withdrawn thatwere |
|--------|--------------------------------------------------------------------------------------------------------------------------|

|   | subject      to a withdrawal charge, less any withdrawal charges = $100,000 – $3,000 –      $279 = $96,721 |
|--------|------------------------------------------------------------------------------------------------------------------------|

|   | Multiplied      by the withdrawal chargex  7.5% |
|--------|-----------------------------------------------------------|

|   | $      7,254 |
|--------|--------------|

|   | A series of partial      withdrawals under the free withdrawal privilege followed by a full      withdrawal: |
|--------|--------------------------------------------------------------------------------------------------------------|

| · | You      take the maximum amount available under the free withdrawal privilege each      year for five years (total distributions = $60,000). The $60,000 withdrawn      is not subject to a withdrawal charge and will not reduce the Withdrawal      Charge Basis. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | In      the sixth Contract Year, the Contract Value is $11,000. Although the      maximum available under the free withdrawal privilege is $12,000, there is      only $11,000 of Contract Value available. Assuming you withdraw the      $11,000, the free withdrawal privilege will not apply because this is a      full withdrawal. At this time, there are no Purchase Payments that are      beyond the withdrawal charge period. Because this is a full withdrawal, we      will assess the withdrawal charge against the entire Withdrawal Charge      Basis. The withdrawal charge in the sixth Contract Year is    4%. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | We      calculate the withdrawal charge for the full withdrawal as      follows: |
|--------|----------------------------------------------------------------------------------|

|   | The      Withdrawal Charge Basis is equal to total Purchase Payments, less any      Purchase Payments withdrawn thatwere |
|--------|--------------------------------------------------------------------------------------------------------------------------|

|   | subject      to a withdrawal charge, less any withdrawal charges = $100,000 – $0 – $0 =      $100,000 |
|--------|-------------------------------------------------------------------------------------------------------------------|

|   | Multiplied      by the withdrawal chargex       4% |
|--------|---------------------------------------------------------------------------------------|

|   | $   4,000 |
|--------|--------------------------|

----

|   | APPENDIX      E – THE TARGET DATE BENEFITS |
|--------|--------------------------------------------------|

|                                                    | M&E      Charge(1)  |
|---------------------------------------------------------|-------------------------|
|                                                    | Accumulation      Phase | Annuity      Phase |
| Additional M&E Charge for      Optional Benefits(2) |                    |   |
| Target      Date 10 Benefit                             | 0.55%                   | NA |
| Target      Date Retirement Benefit                     | 0.40%                   | NA |

| (1) | The      M&E charge is an annualized rate that is realized on a daily basis as      a percentage of the net asset value of an Investment Option, and we use      that net asset value to calculate the Accumulation Unit value during the      Accumulation Phase and the Annuity Unit value during the Annuity Phase. We      assess an M&E charge during the Annuity Phase on any Contract Value      you apply to variable Annuity Payments; there is no M&E charge during      the Annuity Phase on any Contract Value you apply to fixed Annuity      Payments. For more information, please see section 6, Expenses – Mortality      and Expense Risk (M&E) Charge. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2) | The      additional M&E charge associated with this optional benefit will      continue until the earlier of the benefit’s termination, or when your      Contract Value is reduced to zero. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

----

| · | You      purchased a Contract with an initial Purchase Payment of $100,000. You      selected the Target Date 10 Benefit at issue and you also selected the      earliest possible Target Value Date, which is the 10th Contract      Anniversary. You make no additional Purchase  Payments. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|                                               | Contract      Value | Target      Value |
|----------------------------------------------------|---------------------|-------------------|
| On      the Issue Date                             | $100,000            | $100,000          |
| 1st      Contract Anniversary                      | $108,000            | $108,000          |
| 2nd      Contract Anniversary                      | $110,000            | $110,000          |
| 3rd      Contract Anniversary                      | $102,000            | $110,000          |
| 4th      Contract Anniversary                      | $104,000            | $110,000          |
| 5th      Contract Anniversary                      | $109,000            | $110,000          |
| 6th      Contract Anniversary                      | $115,000            | $115,000          |
| 7th      Contract Anniversary                      | $131,000            | $131,000          |
| 8th      Contract Anniversary                      | $121,000            | $131,000          |
| 9th      Contract Anniversary                      | $129,000            | $131,000          |
| 10th      Contract Anniversary                     | $137,000            | $137,000          |
| 11th      Contract Anniversarybefore      a credit | $126,000            | $137,000          |
| 11th      Contract Anniversaryafter      a credit  | $137,000            | $137,000          |

| · | On      the Issue Date, the Target Value was equal to the total Purchase Payment      ($100,000). |
|--------|---------------------------------------------------------------------------------------------------|

| · | At      the first Contract Anniversary the Contract Value had increased to      $108,000, which is greater than the previous Target Value ($100,000), so      the Target Value was increased to equal the Contract Value. The Target      Value also increased on the second Contract Anniversary because the      Contract Value ($110,000) was greater than the previous Target Value      ($108,000). |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | At      the third Contract Anniversary, the Contract Value had decreased to      $102,000, which is less than the previous Target Value ($110,000), so the      Target Value was not increased. On the fourth and fifth Contract      Anniversaries, the Contract Value was also less than the previous Target      Value, so the Target Value was not increased and remained at the previous      highest value of $110,000. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | At      the sixth Contract Anniversary the Contract Value had increased to      $115,000, which is greater than the previous Target Value ($110,000), so      the Target Value was increased to equal the Contract  Value. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | At      the seventh Contract Anniversary the Contract Value had increased to      $131,000, which is greater than the previous Target Value ($115,000), so      the Target Value was increased to equal the Contract  Value. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | At      the eighth and ninth Contract Anniversaries, the Contract Value was less      than the previous Target Value, so the Target Value was not increased and      remained at the previous highest value of  $131,000. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | At      the tenth Contract Anniversary the Contract Value had increased to      $137,000, which is greater than the previous Target Value ($131,000), so      the Target Value was increased to equal the Contract Value. The tenth      Contract Anniversary is also the initial Target Value Date. Because the      Contract Value on the initial Target Value Date was greater than the      Target Value, there was no credit on the tenth Contract      Anniversary. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | At      the eleventh Contract Anniversary, the Contract Value had decreased to      $126,000, which is less than the previous Target Value ($137,000), so the      Target Value was not increased. The eleventh Contract Anniversary is also      the second Target Value Date. Because the Contract Value on the second      Target Value Date was less than the Target Value, there was a credit of      $11,000 to the Contract Value on the eleventh Contract      Anniversary. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| · | Continuing      the assumptions from the previous example, except that you take a partial      withdrawal of $9,000 (including the withdrawal charge) in the second month      of the second Contract Year when the Contract Value on the day of (but      before) the partial withdrawal is$109,000. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | The Target Value will      be adjusted for the partial withdrawal as  follows: |
|--------|--------------------------------------------------------------------------------|

|   | The      previous Target Value$108,000.00 |
|--------|-------------------------------------------|

|   | Reduced      proportionately by the percentage of Contract  Value |
|--------|-------------------------------------------------------------------|

|   | withdrawn      ($9,000 / $109,000) = 0.08257 x $108,000 =-    8,917.56 |
|--------|--------------------------------------------------------------------------------------------|

|   | The      Target Value after the partial withdrawal$  99,082.44 |
|--------|--------------------------------------------------------------------------|

| · | This      Target Value will remain in effect until at least the next Contract      Anniversary unless you take another partial  withdrawal. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------|

| TABLE      1                                                                                                                                                                                                          |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| Group      A Investment Options(1)                                                                                                                                                                                    |
| AZL      Columbia Small Cap Value FundAZL      Franklin Small Cap Value FundAZL      Fusion Growth FundAZL      OCC Opportunity FundAZL      Schroder Emerging Markets Equity FundAZL      Small Cap Stock Index Fund | AZL      Turner Quantitative Small Cap Growth FundAZL      Van Kampen Global Real Estate FundDavis      VA Financial PortfolioFranklin      Income Securities FundFranklin      Templeton VIP Founding Funds Allocation FundPIMCO      VIT CommodityRealReturn Strategy  Portfolio |

| (1) | If you      added the Target Date Retirement Benefit to your Contract before January      26, 2009:  AZL Fusion Growth Fund and Franklin Templeton      VIP Founding Funds Allocation Fund are included in the Group X Investment      Options instead of in the Group A Investment Options; and Franklin Income      Securities Fund is included in the Group Y Investment Options instead of      in the Group A InvestmentOptions. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| Group      B Investment Options                                                                                                                                                                                                                                                                                                      |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| AZL      AIM International Equity FundAZL      BlackRock Capital Appreciation FundAZL      Columbia Mid Cap Value FundAZL      Davis NY Venture FundAZL      Dreyfus Equity Growth FundAZL      Eaton Vance Large Cap Value FundAZL      International Index FundAZL      JPMorgan U.S. Equity FundAZL      MFS Investors Trust Fund | AZL      OCC Growth FundAZL      S&P 500 Index FundAZL      Van Kampen Growth and Income FundAZL      Van Kampen International Equity FundAZL      Van Kampen Mid Cap Growth FundMutual      Global Discovery Securities FundMutual      Shares Securities FundOpCap      Mid Cap PortfolioTempleton      Growth Securities Fund |

| Group      X Investment Options                                                                                                                                                                                                                                                                       | Group      Y Investment Options                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| AZL      Allianz Global Investors Select FundAZL      Franklin Templeton Founding Strategy Plus FundAZL      Fusion Moderate FundAZL      Moderate Index Strategy FundAZL      Van Kampen Equity and Income FundBlackRock      Global Allocation V.I. FundPIMCO      VIT Global Multi-Asset Portfolio | AZL      Balanced Index Strategy FundAZL      Fusion Balanced FundAZL      Fusion Conservative FundAZL      Money Market FundFranklin      High Income Securities FundFranklin      U.S. Government FundFranklin      Zero Coupon Fund 2010PIMCO      VIT All Asset PortfolioPIMCO      VIT Emerging Markets Bond PortfolioPIMCO      VIT Global Bond Portfolio (Unhedged)PIMCO      VIT High Yield PortfolioPIMCO      VIT Real Return PortfolioPIMCO      VIT Total Return PortfolioTempleton      Global Bond SecuritiesFund |

----

| TABLE      2                                           |
|--------------------------------------------------------|
|                                                   | Maximum      % of Contract Value Allowed in the combined Investment Option Groups A, B      and XBased      on the Number of Years* to the Initial Target Value Dateand      the Comparison of Contract Value (CV) to the Target Value      (TV) |
| Number      of Years* to the Initial Target Value Date | CV      = 94%+ of TV | CV      = 88% to < 94% of TV | CV      = 82% to < 88% of TV | CV      = 76% to < 82% of TV | CV      = 70% to < 76% of TV | CV      = 64% to < 70% of TV | CV      = 58% to < 64% of TV | CV      = 52% to < 58% of TV | CV      = 46% to < 52% of TV | CV      = 40% to < 46% of TV | CV      = 34% to < 40% of TV | CV      = 28% to < 34% of TV | CV      = 22% to < 28% of TV | CV      = 16% to < 22% of TV | CV      = 10% to < 16% of TV | CV      = 4% to < 10% of TV | CV      < 4% of TV |
| 28+                                                    | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% |
| 27                                                     | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 90% |
| 26                                                     | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 90% | 85% |
| 25                                                     | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 90% | 85% | 80% |
| 24                                                     | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 90% | 85% | 80% | 75% |
| 23                                                     | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 90% | 85% | 80% | 75% | 70% |
| 22                                                     | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 90% | 85% | 80% | 75% | 70% | 65% |
| 21                                                     | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 90% | 85% | 80% | 75% | 70% | 65% | 60% |
| 20                                                     | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 90% | 85% | 80% | 75% | 70% | 65% | 60% | 55% |
| 19                                                     | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 90% | 85% | 80% | 75% | 70% | 65% | 60% | 55% | 50% |
| 18                                                     | 95% | 95% | 95% | 95% | 95% | 95% | 95% | 90% | 85% | 80% | 75% | 70% | 65% | 60% | 55% | 50% | 45% |
| 17                                                     | 95% | 95% | 95% | 95% | 95% | 95% | 90% | 85% | 80% | 75% | 70% | 65% | 60% | 55% | 50% | 45% | 40% |
| 16                                                     | 95% | 95% | 95% | 95% | 95% | 90% | 85% | 80% | 75% | 70% | 65% | 60% | 55% | 50% | 45% | 40% | 35% |
| 15                                                     | 95% | 95% | 95% | 95% | 90% | 85% | 80% | 75% | 70% | 65% | 60% | 55% | 50% | 45% | 40% | 35% | 35% |
| 14                                                     | 95% | 95% | 95% | 90% | 85% | 80% | 75% | 70% | 65% | 60% | 55% | 50% | 45% | 40% | 35% | 35% | 35% |
| 13                                                     | 95% | 95% | 90% | 85% | 80% | 75% | 70% | 65% | 60% | 55% | 50% | 45% | 40% | 35% | 35% | 35% | 35% |
| 12                                                     | 95% | 90% | 85% | 80% | 75% | 70% | 65% | 60% | 55% | 50% | 45% | 40% | 35% | 35% | 35% | 35% | 35% |
| 11                                                     | 90% | 85% | 80% | 75% | 70% | 65% | 60% | 55% | 50% | 45% | 40% | 35% | 35% | 35% | 35% | 35% | 35% |
| 10                                                     | 85% | 80% | 75% | 70% | 65% | 60% | 55% | 50% | 45% | 40% | 35% | 35% | 35% | 35% | 35% | 35% | 35% |
| 9                                                      | 80% | 75% | 70% | 65% | 60% | 55% | 50% | 45% | 40% | 35% | 35% | 35% | 35% | 35% | 35% | 35% | 35% |
| 8                                                      | 75% | 70% | 65% | 60% | 55% | 50% | 45% | 40% | 35% | 35% | 35% | 35% | 35% | 35% | 35% | 35% | 35% |
| 7                                                      | 70% | 65% | 60% | 55% | 50% | 45% | 40% | 35% | 35% | 35% | 35% | 35% | 35% | 35% | 35% | 35% | 35% |
| 6                                                      | 65% | 60% | 55% | 50% | 45% | 40% | 35% | 35% | 35% | 35% | 35% | 35% | 35% | 35% | 35% | 35% | 35% |
| 5                                                      | 60% | 55% | 50% | 45% | 40% | 35% | 35% | 35% | 35% | 35% | 35% | 35% | 35% | 35% | 35% | 35% | 35% |
| 4                                                      | 55% | 50% | 45% | 40% | 35% | 35% | 35% | 35% | 35% | 35% | 35% | 35% | 35% | 35% | 35% | 35% | 35% |
| 3                                                      | 50% | 45% | 40% | 35% | 35% | 35% | 35% | 35% | 35% | 35% | 35% | 35% | 35% | 35% | 35% | 35% | 35% |
| 2                                                      | 45% | 40% | 35% | 35% | 35% | 35% | 35% | 35% | 35% | 35% | 35% | 35% | 35% | 35% | 35% | 35% | 35% |
| 1                                                      | 40% | 35% | 35% | 35% | 35% | 35% | 35% | 35% | 35% | 35% | 35% | 35% | 35% | 35% | 35% | 35% | 35% |
| Initial      Target Value Date and beyond              | 35% | 35% | 35% | 35% | 35% | 35% | 35% | 35% | 35% | 35% | 35% | 35% | 35% | 35% | 35% | 35% | 35% |

| * | We      round the number of years until the initial Target Value Date up to the      next whole number. For example, when you are actually seven complete      Contract Years and four months away from your initial Target Value Date,      for the purposes of this table, we would consider you to be eight years      from the initial Target Value Date. |
|---|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| TABLE      3                                                                                      |
|---------------------------------------------------------------------------------------------------|
| When      the maximum % of Contract Value allowed in the combinedGroups      A, B and X is… | then      the maximum % of Contract Value allowed inGroup      A is… | and      the minimum % of Contract Value required inGroup      Y is… |
| 95%                                                                                               | 30% | 5% |
| 90%                                                                                               | 30% | 10% |
| 85%                                                                                               | 25% | 15% |
| 80%                                                                                               | 25% | 20% |
| 75%                                                                                               | 20% | 25% |
| 70%                                                                                               | 20% | 30% |
| 65%                                                                                               | 15% | 35% |
| 60%                                                                                               | 15% | 40% |
| 55%                                                                                               | 10% | 45% |
| 50%                                                                                               | 10% | 50% |
| 45%                                                                                               | 5% | 55% |
| 40%                                                                                               | 5% | 60% |
| 35%                                                                                               | 5% | 65% |

----

|   | a) | If      your selected allocation for the combined Groups B and X is less than the      new maximum allowable allocation for these groups, the new required      allocation will be equal to your selected allocation for Groups B and X,      plus the excess allocation from Group A, subject to the new maximum      allowable allocation for the combined Groups B and X. We will then apply      any remaining excess allocation from Group A to Group  Y. |
|--------|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | b) | If      your selected allocation for the combined Groups B and X is greater than      or equal to the new maximum allowable allocation for these groups, then we      will decrease the new required allocation for the combined Groups B and X      to equal the new maximum allowable allocation. We will then take any      excess allocation from the combined Groups B and X (your selected      allocation minus the new maximum allowable allocation), plus any excess      allocation from Group A, and apply it all to  Group Y. |
|--------|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   | a x      (b / c) |
|--------|------------------|

|   | where: |
|--------|--------|

|   | a      = | The      required group allocation on the current Quarterly      Anniversary. |
|--------|----------|-------------------------------------------------------------------------------|

|   | b      = | The      required allocation for each Investment Option as of the Business Day      immediately preceding the current Quarterly  Anniversary. |
|--------|----------|-----------------------------------------------------------------------------------------------------------------------------------------------|

|   | c      = | The      required group allocation as of the Business Day immediately preceding the      current Quarterly Anniversary. |
|--------|----------|-------------------------------------------------------------------------------------------------------------------------|

| · | It      is possible that we may move all of your Contract Value out of one or more      or your selected Investment Options due to the passage of time and/or as      Contract Value as a percentage of Target Value  decreases. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | You      will be notified by transaction confirmation of any change to your      selected allocation in the Investment Option groups. In order to change      your selected Investment Option allocation after notification, you must      change your allocation instructions. Your new allocation instructions are      subject to the current Investment Option allocation and transfer      restrictions. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | Unless you reset the initial      Target Value Date, the maximum allowable allocation of your Contract Value      to Investment Options in Group A, and the maximum allowable allocation of      your Contract Value to Investment Options in the combined Groups A, B and      X will never increase, regardless of Contract Value      performance. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | If you allocate less than the      maximum allowable amount of Contract Value to the Investment Options in      the combined Groups A, B and X, you may be subject to fewer reallocations      of your Contract Value in these groups due to the passage of time and/or      as the comparison of Contract Value as a percentage of Target Value      decreases. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | You      can never allocate more than 30% of your Contract Value to Investment      Option Group A, or more than 95% of your Contract Value to Investment      Option in the combined Groups A, B andX. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | We      cannot require you to have less than 5% of your Contract Value in      Investment Option Group A, nor can we require you to have less than 35% of      your Contract Value in Investment Option in the combined Groups A, B and      X. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | Investment      Option Group Y has no maximum limit on the percentage of Contract Value      you can allocate to it. |
|--------|----------------------------------------------------------------------------------------------------------------------|

| · | The      maximum allowable allocation for the Investment Option groups can decrease      as the number of years until the initial Target Value Date decreases and      as the comparison of Contract Value as a percentage of Target Value      decreases. We limit the amount by which the maximum allowable allocation      for the Investment Option groups can decrease in any twelve-month period.      We cannot reduce the maximum percentage of Contract Value we allow in      Group A by more than 10% in any one year, and we cannot reduce the maximum      percentage of Contract Value we allow in the combined Groups A, B and X by      more than 15% in any one year. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| · | You      purchased a Contract with an initial Purchase Payment of $100,000. You      selected the Target Date 10 Benefit at issue and you selected the twelfth      Contract Anniversary as your initial Target Value Date. Your initial      Target Value is equal to your initial Purchase Payment of $100,000. You      make no additional Purchase Payments, withdrawals, or transfers and you do      not change your selected allocations after the Issue  Date. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | On      the Issue Date, you have twelve complete Contract Years until the initial      Target Value Date, and the Contract Value is equal to the Target Value. On      the Issue Date, the maximum allowable allocation of Contract Value to the      Investment Options in Group A is 30%, and to the combined Groups A, B, and      X it is 95%. The minimum required allocation for Group Y is 5% of Contract      Value. You choose to allocate 75% of your Contract Value to the combined      Groups A, B and X (with 25% to Group A, and 50% to the combined Groups B      and X) and 25% of your Contract Value to Group Y. You allocate your      Contract Value to the Investment Options as  follows. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                     | Investment      Option Group | Contract      Value Allocated to Each Investment Option |
|--------------------------|------------------------------|---------------------------------------------------------|
| Investment      Option 1 | A                            | 15%                                                     |
| Investment      Option 2 | A                            | 10%                                                     |
| Investment      Option 3 | B                            | 20%                                                     |
| Investment      Option 4 | B                            | 15%                                                     |
| Investment      Option 5 | X                            | 15%                                                     |
| Investment      Option 6 | Y                            | 25%                                                     |

| · | During      the first two Contract Years you experience the following      performance. |
|--------|-----------------------------------------------------------------------------------------|

| Quarterly      Anniversary | Contract      Value | Target      Value | Contract      Value as a % of Target Value | Years      until initial Target Value Date | Maximum      allowed in combinedGroupsA,      B and X per Table 2 | New      maximum allowable allocation for combined GroupsA,      B and X | New      maximum allowable allocation forGroup      A | Required      allocation forGroup      A | Required      allocation forcombined      Groups B      and X | Required      allocation forGroup      Y |
|----------------------------|---------------------|-------------------|--------------------------------------------|--------------------------------------------|-------------------------------------------------------------------|--------------------------------------------------------------------------|-------------------------------------------------------|------------------------------------------|--------------------------------------------------------------------|------------------------------------------|
| Issue      Date            | $100,000            | $100,000          | 100%                                       | 12                                         | 95%                                                               | 95%                                                                      | 30%                                                   | 25%                                      | 50%                                                                | 25%                                      |
| 1st                        | $      87,000       | $100,000          | 87%                                        | 12                                         | 85%                                                               | 85%                                                                      | 25%                                                   | 25%                                      | 50%                                                                | 25%                                      |
| 2nd                        | $      93,000       | $100,000          | 93%                                        | 12                                         | 90%                                                               | 85%                                                                      | 25%                                                   | 25%                                      | 50%                                                                | 25%                                      |
| 3rd                        | $      73,000       | $100,000          | 73%                                        | 12                                         | 75%                                                               | 80%                                                                      | 25%                                                   | 25%                                      | 50%                                                                | 25%                                      |
| 4th                        | $      89,000       | $100,000          | 89%                                        | 11                                         | 85%                                                               | 80%                                                                      | 25%                                                   | 25%                                      | 50%                                                                | 25%                                      |
| 5th                        | $      79,000       | $100,000          | 79%                                        | 11                                         | 75%                                                               | 75%                                                                      | 20%                                                   | 20%                                      | 55%                                                                | 25%                                      |
| 6th                        | $      73,000       | $100,000          | 73%                                        | 11                                         | 70%                                                               | 70%                                                                      | 20%                                                   | 20%                                      | 50%                                                                | 30%                                      |

| · | On      the first Quarterly Anniversary, your Contract Value has declined to 87%      of the Target Value ($87,000 / $100,000). The new maximum allowable      allocation for the combined Groups A, B and X has decreased to 85% (the      lesser of the current maximum allowable allocation (95%), or the maximum      allowable allocation from Table 2 (85%)). According to Table 3, the new      maximum allowable allocation for Group A has decreased to 25% and the      table would indicate the new minimum required allocation for Group Y has      increased to 15%. However the actual required allocation to Group Y is      equal to 100% minus the new required allocation for Group A (25%) and      minus the new required allocation for Groups B and X (50%), or 25%.      Because your selected allocations comply with the new maximum allowable      and minimum required allocations, we will rebalance your Contract Value in      the Investment Options according to your selected    allocations. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| · | On      the second Quarterly Anniversary, your Contract Value has increased to 93%      of the Target Value ($93,000 / $100,000). Although the maximum allowable      allocation for the combined Groups A, B and X from Table 2 has increased      to 90%, the new maximum allowable allocation for Contract Value to the      combined Groups A, B and X will not change at this time because it is      based on the lesser      of the current maximum allowable allocation (85%), or the maximum      allowable allocation from Table 2 (90%). Because there is no change in the      maximum allocation for the combined Groups A, B, and X, there is no change      in the new maximum allowable allocation for Group A, or the new minimum      required allocation for Group Y. Because your selected allocations comply      with the new maximum allowable and new minimum required allocations, we      will rebalance your Contract Value in the Investment Options according to      your selected allocations. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | On      the third Quarterly Anniversary, your Contract Value has declined to 73%      of the Target Value ($73,000 / $100,000). The new maximum allowable      allocation for the combined Groups A, B and X would now decrease to 75%      (the lesser of the current maximum allowable allocation (85%), or the      maximum allowable allocation from Table 2 (75%)). However the maximum      allowable allocation for the combined Groups A, B, and X cannot decrease      by more than 15% in any twelve-month period. Because the maximum allowable      allocation for the combined Groups A, B, and X was 95% on the Issue Date,      the new maximum allowable allocation for the combined Groups A, B, and X      is 80%. According to Table 3, the new maximum allowable allocation for      Group A remains at 25% and the table would indicate the new minimum      required allocation for Group Y has increased to 20%. However the actual      required allocation to Group Y is equal to 100% minus the new required      allocation for Group A (25%) and minus the new required allocation for      Groups B and X (50%), or 25%. Because your selected allocations comply      with the new maximum allowable and new minimum required allocations, we      will rebalance your Contract Value in the Investment Options according to      your selected allocations. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | On      the fourth Quarterly Anniversary, your Contract Value has increased to 89%      of the Target Value ($89,000 / $100,000). The fourth Quarterly Anniversary      is also the first Contract Anniversary and there are now eleven complete      Contract Years until the initial Target Value Date. Although the maximum      allowable allocation for the combined Groups A, B and X from Table 2 has      increased to 85%, the new maximum allowable allocation for Contract Value      to the combined Groups A, B and X will not change at this time because it      is based on the lesser      of the current maximum allowable allocation (80%), or the maximum      allowable allocation from Table 2 (85%). Because there is no change in the      maximum allocation for the combined Groups A, B, and X, there is no change      in the new maximum allowable allocation for Group A, or the new minimum      required allocation for Group Y. Because your selected allocations comply      with the new maximum allowable and new minimum required allocations, we      will rebalance your Contract Value in the Investment Options according to      your selected allocations. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | On      the fifth Quarterly Anniversary, your Contract Value has declined to 79%      of the Target Value ($79,000 / $100,000). The new maximum allowable      allocation for the combined Groups A, B and X has decreased to 75% (the      lesser of the current maximum allowable allocation (80%), or the maximum      allowable allocation from Table 2 (75%)). According to Table 3, the new      maximum allowable allocation for Group A has decreased to 20%, and the new      minimum required allocation for Group Y has increased to 25%. Because your      selected allocations do not comply with the new maximum allowable and new      minimum required allocations, we will rebalance your Contract Value in the      Investment Options according to the following required allocations. The      required allocation for Group A is 20% (the lesser of your selected      allocation for Group A (25%), or the new maximum allowable allocation      (20%)). The new maximum allowable allocation for the combined Groups B and      X has increased to 55% (the new maximum allowable allocation for the      combined Groups A, B and X (75%), less the new required allocation for      Group A (20%)). Because your selected allocation for Groups B and X (50%)      is less than the new maximum allowable allocation (55%), we will remove      the 5% excess allocation from Group A and apply it to the combined Groups      B and X. The new required allocation for Groups B and X is 55%. Because we      were able to apply all the excess allocation from Group A to the combined      Groups B and X, the required allocation for Group Y is equal to your      selected allocation. We will then rebalance your Contract Value within the      Investment Options as follows. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|                     | Investment      Option Group | Rebalancing      Calculation[a      x (b / c)]* | Allocation      after the Quarterly Rebalancing |
|--------------------------|------------------------------|-------------------------------------------------|-------------------------------------------------|
| Investment      Option 1 | A                            | =      20% x (15% / 25%)                        | 12%                                             |
| Investment      Option 2 | A                            | =      20% x (10% / 25%)                        | 8%                                              |
| Investment      Option 3 | B                            | =      55% x (20% / 50%)                        | 22%                                             |
| Investment      Option 4 | B                            | =      55% x (15% / 50%)                        | 17%                                             |
| Investment      Option 5 | X                            | =      55% x (15% / 50%)                        | 16%                                             |
| Investment      Option 6 | Y                            | =      25% x (25% / 25%)                        | 25%                                             |

| * | “a”      is the required group allocation on the current Quarterly Anniversary, “b”      is the required allocation for each Investment Option as of the previous      Quarterly Anniversary, and “c” is the required group allocation as of the      previous Quarterly Anniversary. |
|---|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | On      the sixth Quarterly Anniversary, your Contract Value has declined to 73%      of the Target Value ($73,000 / $100,000). The new maximum allowable      allocation for the combined Groups A, B and X has decreased to 70% (the      lesser of the current maximum allowable allocation (75%), or the maximum      allowable allocation from Table 2 (70%)). According to Table 3, the new      maximum allowable allocation for Group A remains at 20%, and the new      minimum required allocation for Group Y increases to 30%. Because your      selected allocations do not comply with the new maximum allowable and new      minimum required allocations, we will rebalance your Contract Value in the      Investment Options according to the following required allocations. The      required allocation for the combined Groups A, B and X is 70% (the lesser      of your selected allocation for the combined Groups A, B and X (75%), or      the new maximum allowable allocation (70%)). The required allocation for      Group A is 20% (the lesser of your selected allocation for Group A (25%),      or the new maximum allowable allocation (20%)). The new maximum allowable      allocation for the combined Groups B and X has decreased to 50% (the new      maximum allowable allocation for the combined Groups A, B and X (70%),      less the new required allocation for Group A (20%)). Because your selected      allocation for the combined Groups B and X (50%) is already equal to the      new maximum allowable allocation (50%), the required allocation for the      combined Groups B and X is equal to your selected allocation. Instead we      will remove the 5% excess allocation from Group A and apply it to Group Y.      We will then rebalance your Contract Value within the Investment Options      as follows. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                     | Investment      Option Group | Rebalancing      Calculation[a      x (b / c)]* | Allocation      after the Quarterly Rebalancing |
|--------------------------|------------------------------|-------------------------------------------------|-------------------------------------------------|
| Investment      Option 1 | A                            | =      20% x (12% / 20%)                        | 12%                                             |
| Investment      Option 2 | A                            | =      20% x (8% / 20%)                         | 8%                                              |
| Investment      Option 3 | B                            | =      50% x (22% / 55%)                        | 20%                                             |
| Investment      Option 4 | B                            | =      50% x (17% / 55%)                        | 15%                                             |
| Investment      Option 5 | X                            | =      50% x (16% / 55%)                        | 15%                                             |
| Investment      Option 6 | Y                            | =      30% x (25% / 25%)                        | 30%                                             |

| * | “a”      is the required group allocation on the current Quarterly Anniversary, “b”      is the required allocation for each Investment Option as of the previous      Quarterly Anniversary, and “c” is the required group allocation as of the      previous Quarterly Anniversary. |
|---|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| · | The      Business Day we process your request to remove your selected Target Date      Benefit from the Contract (the rider termination  date). |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------|

| · | The      date of death of any Owner (or Annuitant, if the Contract is owned by a      non-individual), unless the surviving spouse elects to continue the      Contract. However, if an Owner (or Annuitant, if the Contract is owned by      a non-individual) dies and the surviving spouse elects to receive payout      of the death benefit, then your selected Target Date Benefit will      terminate as of the end of the Business Day during which we receive in      Good Order at the Service Center, both due proof of death and an election      of the death benefit paymentoption. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | The      Business Day before the Income Date that you take a Full Annuitization,      including a required Full      Annuitization on the maximum permitted Income Date. For more      information, see section 3, The AnnuityPhase. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | The      Business Day we process your request for a full  withdrawal. |
|--------|-----------------------------------------------------------------------|

|   | APPENDIX      F – THE LIFETIME BENEFITS |
|--------|-----------------------------------------------|

|                                                                                                          | Accumulation      Phase  | Annuity      Phase       |
|---------------------------------------------------------------------------------------------------------------|--------------------------|--------------------------|
|                                                                                                          | CurrentM&E Charge(1) | MaximumM&E Charge(1) | Current      and MaximumM&E Charge(1) |
| Additional M&E Charge for      Optional Benefits(2)                                                       |
| Lifetime Plus Benefit      (available before April 1, 2009)(3)                                                |                     |                     |   |
| Single      Lifetime Plus Payments                                                                            | 0.70%                    | 1.50%(4)                 | NA |
| Joint      Lifetime Plus Payments                                                                             | 0.85%                    | 1.65%(5)                 | NA |
| The      following versions of these benefits were available from January 26, 2009      until March 31, 2009. |
| Lifetime      Plus II      Benefit and Lifetime Plus 10 Benefit                                               |                     |                     |   |
| Single      Lifetime Plus Payments                                                                            | 0.95%                    | 1.60%(4)                 | NA |
| Joint      Lifetime Plus Payments                                                                             | 1.10%                    | 1.75%(5)                 | NA |
| The      following versions of these benefits were available before January 26,      2009.                    |
| Lifetime      Plus II      Benefit and Lifetime Plus 10 Benefit                                               |                     |                     |   |
| Single Lifetime Plus      Payments(6)                                                                         | 0.80%                    | 1.60%(4)                 | NA |
| Joint Lifetime Plus      Payments(7)                                                                          | 0.95%                    | 1.75%(5)                 | NA |

| (1) | The      M&E charge is an annualized rate that is realized on a daily basis as      a percentage of the net asset value of an Investment Option, and we use      that net asset value to calculate the Accumulation Unit value during the      Accumulation Phase and the Annuity Unit value during the Annuity Phase. We      assess an M&E charge during the Annuity Phase on any Contract Value      you apply to variable Annuity Payments; there is no M&E charge during      the Annuity Phase on any Contract Value you apply to fixed Annuity      Payments. For more information, please see section 6, Expenses – Mortality      and Expense Risk (M&E) Charge. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2) | The      additional M&E charge associated with these optional benefits will      continue until the earlier of the benefit’s termination, or when your      Contract Value is reduced to zero. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (3) | From      January 26, 2009 until March 31, 2009 this benefit was only available in      Nevada and it did not include the Cumulative Withdrawal      Benefit. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (4) | This      is the maximum charge we could impose if you remove a Covered Person, upon      a reset of any of the guaranteed values available under any of the      Lifetime Benefits, or if you receive an automatic increase to your      Lifetime Plus Payments. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (5) | This      is the maximum charge we could impose upon a reset of any of the      guaranteed values available under any of the Lifetime Benefits, or if you      receive an automatic increase to your Lifetime Plus    Payments. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (6) | On      the Benefit Date the current M&E charge reduces to 0.70%, and the      maximum M&E charge reduces to1.50%. |
|-----|----------------------------------------------------------------------------------------------------------------------------|

| (7) | On      the Benefit Date the current M&E charge reduces to 0.85%, and the      maximum M&E charge reduces to1.65%. |
|-----|----------------------------------------------------------------------------------------------------------------------------|

----

| * | The      Cumulative Withdrawal Benefit was not available under Contracts issued in      Nevada. |
|---|-------------------------------------------------------------------------------------------------|

| · | None      of these benefits create Contract Value or guarantee the performance of      any Investment Option. |
|--------|---------------------------------------------------------------------------------------------------------------|

| · | You      can remove one of the Lifetime Benefits from your Contract provided that      you do so before you exercise it. However, if your Contract also includes      the No Withdrawal Charge Option, you can only remove a Lifetime Benefit if      you can simultaneously replace it with the Investment      Protector. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | Contracts      with one of the Lifetime Benefits are subject to restrictions on the      Investment Options available for allocations and transfers. We have put      these restrictions in place to support the guarantees that we provide      under these benefits, and not to meet your investment objectives. To the      extent these restrictions limit your investment flexibility, you may not      be able to fully participate in any upside potential returns available      from the Investment Options, and your Contract Value may be less than the      Contract Value you would have had without the  benefit. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | Under      the Lifetime Plus Benefit and Lifetime Plus II Benefit, you cannot begin      receiving Lifetime Plus Payments if any Covered Person is younger than age      50 or if any Covered Person is age 91 or older. Under the Lifetime Plus 10      Benefit, you cannot begin receiving Lifetime Plus Payments if any Covered      Person is younger than age 65 or if any Covered Person is age 91 or older.      If you do not begin      receiving Lifetime Plus Payments during this eligibility period, your      benefit will terminate and you will have incurred higher Contract charges      without receiving any advantage from your selected      benefit. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | NOTE:Joint Lifetime Plus      Payments are not available under the Lifetime Plus Benefit or Lifetime      Plus II Benefit if there is more than a 40-year age difference between      spouses, and joint Lifetime Plus Payments are not available under the      Lifetime Plus 10 Benefit if there is more than a 25-year age difference      between spouses. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | Lifetime      Plus Payments received before your Contract Value is reduced to zero will      be treated as withdrawals for tax purposes. This means that, for      Non-Qualified Contracts, gains from the entire Contract      are considered to be distributed first and are subject to ordinary income      tax. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | If      one Covered Person dies after joint Lifetime Plus Payments have begun, any      payment received by the surviving spouse (who is also a Covered Person)      after the date of death and before the survivor reaches age 59½, will be      reported as a premature distribution according to the      Code. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| · | Once Lifetime Plus Payments      begin, you cannot terminate them unless you take an Excess Withdrawal of      the entire Contract Value or you request a Full      Annuitization. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | – | If      you terminate Lifetime Plus Payments and instead take an Excess Withdrawal      of the entire Contract Value, the Contract will terminate and you may      receive less money than you would have received had you continued to      receive Lifetime Plus Payments. However, the ability to terminate Lifetime      Plus Payments by taking an Excess Withdrawal is only available if your      Contract Value is greater than the Cumulative Withdrawal Value.(1) |
|--------|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | – | If      you terminate Lifetime Plus Payments and instead request fixed Annuity      Payments under a Full Annuitization, the benefit you selected will      terminate and we will no longer assess the M&E charge on that portion      of the Contract. If you request variable Annuity Payments under a Full      Annuitization, the benefit you selected will terminate and we will reduce      the M&E charge on that portion of the  Contract. |
|--------|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | If      you take less than the annual maximum Lifetime Plus Payment(1)      you are entitled to in a Benefit Year, you could reduce the chance that      you will receive any increase to your annual maximum Lifetime Plus      Payment. Allocations to the Cumulative Withdrawal Value (the difference      between the maximum Lifetime Plus Payment that you are entitled to and the      actual Lifetime Plus Payment you received) do not earn interest or      participate in the performance of your selected Investment Options, and      the Cumulative Withdrawal Value is not available to your      Beneficiaries(2)      upon death. (See the “Lifetime Plus Payments – Cumulative Withdrawal      Benefit” discussion later in thisappendix.) |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (1) | The      Cumulative Withdrawal Benefit was not available under Contracts issued in      Nevada. |
|-----|-------------------------------------------------------------------------------------------------|

| (2) | However,      if you selected joint Lifetime Plus Payments and upon your death your      surviving spouse who is also the joint Covered Person elects to continue      the Contract, the Cumulative Withdrawal Value will be available to your      spouse. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | taking      an Excess Withdrawal of the entire Contract Value, less any withdrawal      charge (however, this option is only available if your Contract Value is      greater than the Cumulative Withdrawal Value*);  or |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | requesting      Annuity Payments under a Full Annuitization based on the greater of the      entire Contract Value or Cumulative Withdrawal Value (if      applicable). |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| * | The      Cumulative Withdrawal Benefit was not available under Contracts issued in      Nevada. |
|---|-------------------------------------------------------------------------------------------------|

----

| · | your      Lifetime Plus Payments will stop, |
|--------|---------------------------------------------|

| · | the      Accumulation Phase of the Contract willend, |
|--------|------------------------------------------------------|

| · | the      death benefit will terminate, and |
|--------|--------------------------------------------|

| · | if      you request Annuity Payments, all annuitized portions of the Contract will      terminate as indicated in section 3, The Annuity  Phase. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------|

| · | solely      owned Contracts, the Covered Person is the  Owner. |
|--------|----------------------------------------------------------------|

| · | Contracts      owned by a non-individual, the Covered Person is the      Annuitant. |
|--------|-------------------------------------------------------------------------------------|

| · | jointly      owned Contracts, you chose which Owner was to be the Covered Person      subject to the maximum age restriction for adding one of the Lifetime      Benefits to your Contract (age 80 oryounger). |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | For      joint Lifetime Plus Payments, Covered Persons must be spouses and      for: |
|--------|--------------------------------------------------------------------------------------|

| · | Non-Qualified      Contracts: |
|--------|-------------------------------|

|   | – | spouses      must be Joint Owners; or |
|--------|---------|---------------------------------------|

|   | – | one      spouse must be the Annuitant and the other spouse must be the sole primary      Beneficiary if the sole Owner is a non-individual;  or |
|--------|---------|-------------------------------------------------------------------------------------------------------------------------------------------------|

|   | – | one      spouse must be the sole Owner and Annuitant and the other spouse must be      the sole primary Beneficiary. |
|--------|---------|----------------------------------------------------------------------------------------------------------------------|

| · | Qualified      Contracts: |
|--------|---------------------------|

|   | – | one      spouse must be both the sole Owner and Annuitant and the other spouse must      be the sole primary Beneficiary; or |
|--------|---------|------------------------------------------------------------------------------------------------------------------------------|

|   | – | if      the Contract is owned by a non-individual, then one spouse must be the      Annuitant and the other spouse must be the sole primary Beneficiary.      However, if we require a non-individual Owner to also be the sole primary      Beneficiary, then one spouse must be the Annuitant and the other spouse      must be the sole contingent Beneficiary solely for the purpose of      determining the Lifetime PlusPayment. |
|--------|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| * | Or      on the next Business Day if the Contract Anniversary or Benefit      Anniversary is not a Business Day. |
|---|-----------------------------------------------------------------------------------------------------------------|

----

| * | For      Contracts issued in Nevada, we will increase your annual Lifetime Plus      Payment to this new amount. |
|---|------------------------------------------------------------------------------------------------------------------|

| · | You      can no longer remove your selected Lifetime Benefit from the      Contract. |
|--------|--------------------------------------------------------------------------------------|

| · | Partial      Annuitizations are no longeravailable. |
|--------|-----------------------------------------------------|

| · | You      can no longer make additional Purchase Payments to the Contract and the      automatic investment plan will no longer be available to    you. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | The      free withdrawal privilege will no longer be available to you. However,      Lifetime Plus Payments and Cumulative Withdrawals are not subject to a      withdrawal charge and will not reduce the Withdrawal Charge Basis. For      Contracts issued in Washington, however, Lifetime Plus Payments will      reduce the Withdrawal Charge Basis. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| · | Excess      Withdrawals (including a full withdrawal of the Contract Value) which are      available while you are receiving Lifetime Plus Payments are subject to a      withdrawal charge and will reduce the Withdrawal Charge Basis as set out      in section 6, Expenses – WithdrawalCharge. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | Any      Excess Withdrawal will reduce your annual maximum Lifetime Plus Payment      (or your annual Lifetime Plus Payment for Contracts issued in Nevada)      proportionately by the percentage of Contract Value withdrawn (including      any withdrawal charge) on the next Benefit Anniversary after the      withdrawal. However, if      you take an Excess Withdrawal of your entire remaining Contract Value, or      you take an Excess Withdrawal that reduces your Lifetime Plus Payment to      below the acceptable minimum, your payments will stop and your benefit      will terminate on the Business Day you take the Excess      Withdrawal. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | The      systematic withdrawal program and the dollar cost averaging program will      no longer be available to you. |
|--------|-----------------------------------------------------------------------------------------------------------------------|

| · | You      can only change the ownership of this Contract if you selected joint      Lifetime Plus Payments and: |
|--------|----------------------------------------------------------------------------------------------------------------|

|   | – | an      Owner dies and the spouse continues the Contract,  or |
|--------|---------|---------------------------------------------------------------|

|   | – | you      remove a joint Covered Person who is also a Joint Owner from the Contract.      In this case, the remaining Covered Person must become the new sole      Owner. |
|--------|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | The      additional M&E charge for the Lifetime Plus Benefit will continue      until the earlier of your benefit’s termination, or the total depletion of      your Contract Value. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | If      you selected the Lifetime Plus II Benefit or Lifetime Plus 10 Benefit      before January 26, 2009, the additional M&E charge for your benefit      will decrease as indicated at the beginning of this appendix, and it will      continue until the earlier of your benefit’s termination, or the total      depletion of your Contract Value. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | If      you selected the Lifetime Plus II Benefit or Lifetime Plus 10 Benefit from      January 26, 2009 until March 31, 2009, the additional M&E charge for      your benefit will continue until the earlier of your benefit’s      termination, or the total depletion of your Contract  Value. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | If      you have the Quarterly Value Death Benefit, the additional M&E charge      for the Quarterly Value Death Benefit will continue as long as the death      benefit value is greater than zero. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | The      Contract Value will continue to fluctuate as a result of market      performance, and it will decrease on a dollar for dollar basis with each      Lifetime Plus Payment, Cumulative Withdrawal* and Excess Withdrawal      (including any withdrawal charge). |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | You      can no longer manually reset the 5% Annual Increase under the Lifetime      Plus Benefit and we will no longer automatically reset the Enhanced 5%      Annual Increase under the Lifetime Plus II Benefit or the 10% Annual      Increase under the Lifetime Plus 10Benefit. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | We      will no longer calculate the following values and they will all cease to      exist: the Quarterly Anniversary Value under any of the Lifetime Benefits;      the 5% Annual Increase under the Lifetime Plus Benefit; the Highest Annual      Increase under the Lifetime Plus II Benefit; and the 10% Annual Increase      under the Lifetime Plus 10 Benefit. However, if you selected the Quarterly      Value Death Benefit, we will continue to calculate the Quarterly      Anniversary Value available under thatbenefit. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | We      may apply an annual payment increase to your annual maximum Lifetime Plus      Payment (or your annual Lifetime Plus Payment for Contracts issued in      Nevada) on every Benefit Anniversary after Lifetime Plus Payments have      begun and before the older Covered Person’s 91st birthday. If we increase      your annual maximum Lifetime Plus Payment (or your annual Lifetime Plus      Payment for Contracts issued in Nevada), we reserve the right to change      the additional M&E charge for your selected benefit and payment type      (single life or joint life) as of the next fifth Benefit Anniversary,      subject to the maximum additional M&E charge. This change will take      effect 60 days after that fifth Benefit Anniversary if we increased your      Lifetime Plus Payment on that Benefit Anniversary or any of the previous      four Benefit Anniversaries. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | Once Lifetime Plus Payments      begin, you cannot terminate them unless you take an Excess Withdrawal of      the entire Contract Value or you request a Full Annuitization.      However, terminating Lifetime Plus Payments by taking an Excess      Withdrawal is only available if your Contract Value is greater than the      Cumulative Withdrawal Value.* |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| * | The      Cumulative Withdrawal Benefit was not available under Contracts issued in      Nevada. |
|---|-------------------------------------------------------------------------------------------------|

----

| · | the      death benefit that is equal to your Contract Value will continue to      fluctuate with market performance but it will decrease on a dollar for      dollar basis with each Lifetime Plus Payment we make and any Cumulative      Withdrawal or Excess Withdrawal you take (including any withdrawal      charge); |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | the      Traditional Death Benefit value under the Traditional Death Benefit will      no longer increase because you can no longer make additional Purchase      Payments; and each Lifetime Plus Payment, Cumulative Withdrawal, and any      Excess Withdrawal will reduce the Traditional Death Benefit value      proportionately by the percentage of Contract Value withdrawn (including      any withdrawal charge); and |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | the      Quarterly Anniversary Value under the Quarterly Value Death Benefit (if      applicable) will decrease proportionately by the percentage of Contract      Value withdrawn (including any withdrawal charge) for each Lifetime Plus      Payment, Cumulative Withdrawal and Excess  Withdrawal. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Age      band of the Covered Person(or      younger of the Covered Persons for joint Lifetime Plus      Payments) |   | Annual      maximum Lifetime Plus Payment percentage (or annual Lifetime Plus Payment      percentage forContracts      issued in Nevada) |
|-------------------------------------------------------------------------------------------------------------------|--------|-------------------------------------------------------------------------------------------------------------------------------------------|
| 50      to 59                                                                                                     | 4%     |
| 60      to 69                                                                                                     | 5%     |
| 70      to 79                                                                                                     | 6%     |
| 80      or older                                                                                                  | 7%     |

----

| Age      band of the Covered Person(or      younger of the Covered Persons for joint Lifetime Plus      Payments) |   | Annual      maximum Lifetime PlusPayment      percentage |
|-------------------------------------------------------------------------------------------------------------------|--------|----------------------------------------------------------|
| 65      to 79                                                                                                     | 5%     |
| 80      or older                                                                                                  | 6%     |

| * | This      restriction does not apply inNevada. |
|---|------------------------------------------------|

| · | For      Contracts issued in Nevada, if you will receive at least one more payment      before the end of the calendar year, each remaining Lifetime Plus Payment      for the calendar year will be equal to the remaining required minimum      distribution divided by the number of payments remaining. We do not      consider this type of increase to be an annual increase of your Lifetime      Plus Payment or an Excess Withdrawal, and it is not subject to a      withdrawal charge. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | For      Contracts issued in all other states, if you will receive at least one      more payment before the end of the calendar year, each remaining Lifetime      Plus Payment for the calendar year will be equal to the remaining required      minimum distribution divided by the number of payments remaining. However,      if this increase causes your actual Lifetime Plus Payment to be greater      than the maximum payment, we will deduct the extra from the Cumulative      Withdrawal Value (if available). We do not consider this type of increase      in your payment to be an annual increase of your Lifetime Plus Payment or      an Excess Withdrawal, and it is not subject to a withdrawal      charge. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| · | If      you will not receive any more payments before the end of the calendar      year, we will instead send you one payment by the end of the calendar year      that is equal to the remaining required minimum distribution and we will      deduct this payment from the Cumulative Withdrawal Value      (if available). We do not consider this type of increase in your      payment to be an annual increase of your Lifetime Plus Payment or an      Excess Withdrawal, and it is not subject to a withdrawal      charge. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | For      single Lifetime Plus Payments where the Contract is solely owned or owned      by a non-individual, Lifetime Plus Payments continue until the death of      the Covered Person. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | For      single Lifetime Plus Payments where the Contract is jointly owned and the      Joint Owners are not spouses, Lifetime Plus Payments continue until the      death of the Covered Person. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | For      single Lifetime Plus Payments where the Contract is jointly owned by      spouses, Lifetime Plus Payments continue until the death of any Joint      Owner unless the surviving spouse is the Covered Person and elects to      continue the Contract. If the surviving spouse is the Covered Person and      elects to continue the Contract, Lifetime Plus Payments continue at 100%      of the amount that we were paying when both Owners were alive until the      death of the Covered Person. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | For      joint Lifetime Plus Payments, Lifetime Plus Payments continue until the      deaths of both Covered Persons. Upon the death of an Owner (or the      Annuitant if the Contract is owned by a non-individual) who was also a      Covered Person, if the surviving spouse continues the Contract, joint      Lifetime Plus Payments will continue at 100% of the amount that we were      paying when both Covered Persons were alive, or higher if applicable.      However, if the surviving spouse elects to receive payout of the death      benefit, then Lifetime Plus Payments willstop. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | annual      fixed Annuity Payments under Annuity Option 1 based on the greater of the      Contract Value or Cumulative Withdrawal Value;*  or |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------|

| · | the      current annual maximum Lifetime Plus Payment available to    you. |
|--------|----------------------------------------------------------------------------|

| · | annual      fixed Annuity Payments under Annuity Option 3 based on the greater of the      Contract Value or Cumulative Withdrawal Value;*  or |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------|

----

| · | the      current annual maximum Lifetime Plus Payment available to    you. |
|--------|----------------------------------------------------------------------------|

| * | The      Cumulative Withdrawal Benefit was not available under Contracts issued in      Nevada. Therefore, on the maximum permitted Income Date, if your Contract      Value is greater than zero, we base Annuity Payments on your Contract      Value. |
|---|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| * | However,      if you selected joint Lifetime Plus Payments and upon your death your      surviving spouse who is also the joint Covered Person elects to continue      the Contract, the Cumulative Withdrawal Value will be available to your      spouse. |
|---|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | we      will send you any remaining Cumulative Withdrawal  Value, |
|--------|-------------------------------------------------------------------|

| · | your      Cumulative Withdrawal Benefit willterminate, |
|--------|--------------------------------------------------------|

| · | you      will receive your maximum Lifetime Plus Payment (actual Lifetime Plus      Payments are not available after the Contract Value is reduced to zero) at      the payment frequency you previously selected,  and |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | your      Lifetime Plus Payments will continue as indicated in the “Termination of a      Lifetime Benefit” discussion that appears later in this      appendix. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

----

| · | You      selected the Lifetime Plus II Benefit with single Lifetime Plus Payments      when you were age 57 and your Contract Value was $100,000. You are the      only Owner and are also the sole Covered Person. Your initial Lifetime      Plus Payment percentage is 4% and your Benefit Base is $105,000. You      select annual Lifetime Plus Payments. You choose to receive the annual      maximum Lifetime Plus Payment as your actual payment and, therefore, there      are no allocations to the Cumulative Withdrawal Benefit. Your initial      annual Lifetime Plus Payment is $4,200 ($105,000 x  4%). |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                            | Age | Contract      Value | Annual      Payment Percentage | Annual      Maximum/Actual Lifetime Plus Payment |
|---------------------------------|-----|---------------------|--------------------------------|--------------------------------------------------|
| Benefit      Date               | 57  | $100,000            | 4%                             | $4,200                                           |
| First      Benefit Anniversary  | 58  | $102,000            | 4%                             | $4,284                                           |
| Second      Benefit Anniversary | 59  | $  98,000 | 4%                             | $4,284                                           |
| Third      Benefit Anniversary  | 60  | $100,000            | 5%                             | $5,000                                           |

| · | On      the first Benefit Anniversary the current Contract Value is greater than      the Contract Value on the Benefit Date. The percentage of the increase is      ($102,000 – $100,000) / $100,000 = 2%. We then apply a 2% annual payment      increase to both the maximum and actual Lifetime Plus Payment ($4,200 x      1.02 = $4,284). |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | On      the second Benefit Anniversary the current Contract Value is less than the      Contract Value on the first Benefit Anniversary so there is no annual      payment increase due to an increase in the Contract Value. Also, your      current annual payment percentage applied to your current Contract Value      (4% x $98,000 = $3,920) does not result in a higher payment, so we do not      increase your maximum Lifetime Plus Payment at this  time. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | On      the third Benefit Anniversary the current Contract Value is greater than      the Contract Value on the second Benefit Anniversary. The percentage of      the increase is ($100,000 – $98,000) / $98,000 = 2%. We then apply a 2%      annual payment increase to both the maximum and actual Lifetime Plus      Payment ($4,284 x 1.02 = $4,370). However, you crossed an age band since      the last Benefit Anniversary and your annual payment percentage has      increased to 5%. We then compare your current annual payment percentage      applied to your current Contract Value (5% x $100,000 = $5,000) to the      current payment (which has been increased to $4,370 as a result of the      growth in Contract Value during the past year). Because the Lifetime Plus      Payment based on the new percentage and current Contract Value is greater      than the payment based on the growth in Contract Value, we will increase      the annual maximum Lifetime Plus Payment to  $5,000. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| · | Continuing      the example above, assume that instead of taking the annual maximum      Lifetime Plus Payment as your annual actual payment, you take an annual      actual Lifetime Plus Payment of $3,000 during each of the first three      Benefit Years, and then you take the entire annual maximum Lifetime Plus      Payment as your annual actual payment during the fourth and fifth Benefit      Years. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                            | Age | Contract      Value | Annual      Payment Percentage | Annual      Maximum Lifetime Plus Payment | Annual      Actual Lifetime Plus Payment | Cumulative      Withdrawal Value |
|---------------------------------|-----|---------------------|--------------------------------|-------------------------------------------|------------------------------------------|----------------------------------|
| Benefit      Date               | 57  | $100,000            | 4%                             | $4,200                                    | $3,000                                   | $1,200                           |
| First      Benefit Anniversary  | 58  | $103,000            | 4%                             | $4,200                                    | $3,000                                   | $2,400                           |
| Second      Benefit Anniversary | 59  | $106,000            | 4%                             | $4,240                                    | $3,000                                   | $3,640                           |
| Third      Benefit Anniversary  | 60  | $  99,000 | 5%                             | $4,950                                    | $4,950                                   | $3,640                           |
| Fourth      Benefit Anniversary | 61  | $102,000            | 5%                             | $5,100                                    | $5,100                                   | $3,640                           |

| · | On      the Benefit Date we pay you your actual Lifetime Plus Payment of $3,000      and apply the remaining amount of the maximum Lifetime Plus Payment that      you did not take to your Cumulative Withdrawal Value ($4,200 – $3,000 =      $1,200). |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | On      the first Benefit Anniversary the current Contract Value is greater than      the Contract Value on the Benefit Date. The percentage of this increase is      ($103,000 – $100,000) / $100,000 = 3%. However, because your actual      Lifetime Plus Payment was less than the maximum payment during the last      Benefit Year, we do not apply this increase to your maximum Lifetime Plus      Payment. Also, your current annual payment percentage applied to your      current Contract Value (4% x $103,000 = $4,120) does not result in a      higher payment than your current maximum Lifetime Plus Payment, so we do      not increase your maximum payment at this time. We pay you your actual      Lifetime Plus Payment of $3,000 and apply the remaining amount of the      maximum Lifetime Plus Payment which you did not take ($4,200 – $3,000 =      $1,200) to your Cumulative Withdrawal Value, which increases that amount      to $2,400. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | On      the second Benefit Anniversary the current Contract Value is greater than      the Contract Value on the first Benefit Anniversary, but because you took      less than the maximum Lifetime Plus Payment during the last Benefit Year      we do not apply this increase to your annual maximum payment. However,      your current annual payment percentage applied to your current Contract      Value (4% x $106,000 = $4,240) does result in a higher payment, so we      increase your maximum Lifetime Plus Payment to this higher amount. Because      you are taking less than the annual maximum payment you are entitled to,      your actual Lifetime Plus Payment ($3,000) will not change. We will then      apply the remaining amount of the maximum Lifetime Plus Payment which you      did not take ($4,240 – $3,000 = $1,240) to your Cumulative Withdrawal      Value, which increases that amount to$3,640. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | On      the third Benefit Anniversary, although your actual Lifetime Plus Payment      was less than the maximum Lifetime Plus Payment during the last Benefit      Year, you crossed an age band since the last Benefit Anniversary and your      annual payment percentage has increased to 5%. We then compare your      current annual payment percentage applied to your current Contract Value      (5% x $99,000 = $4,950), to the current maximum payment ($4,240), and we      increase your annual maximum Lifetime Plus Payment to this higher amount.      Because you decided to take your maximum payment as your actual payment      during the next year, we will also increase your actual Lifetime Plus      Payment to $4,950. However, because you are taking your maximum Lifetime      Plus Payment as your actual payment, your Cumulative Withdrawal Value will      not increase. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | On      the fourth Benefit Anniversary the current Contract Value is greater than      the Contract Value on the third Benefit Anniversary. The percentage of the      increase is ($102,000 – $99,000) / $99,000 = 3.03%. Because you took your      maximum Lifetime Plus Payment as your actual payment last year we apply a      3.03% increase to your annual maximum Lifetime Plus Payment ($4,950 x      1.0303 = $5,100). Because you decided to take your maximum payment as your      actual payment during the next year, we will also increase your actual      Lifetime Plus Payment to $5,100, but your Cumulative Withdrawal Value will      not increase. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| · | You      can take payments from your Cumulative Withdrawal Value at any time while      the Cumulative Withdrawal Benefit is in effect. If your Contract Value is      reduced to zero while you are taking Lifetime Plus Payments for any reason      other than an Excess Withdrawal, we will send you a Cumulative Withdrawal      of your entire Cumulative Withdrawal Value and your Lifetime Plus Payments      will continue as described in the discussion “Termination of a Lifetime      Benefit” later in this appendix. Cumulative Withdrawals do not reduce your      Lifetime Plus Payments. Your Cumulative Withdrawal Value also does not      earn interest and does not increase or decrease with the performance of      your selected Investment Options The Cumulative Withdrawal Value is also      not available to your Beneficiaries* upondeath. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| * | However,      if you selected joint Lifetime Plus Payments and upon your death your      surviving spouse who is also the joint Covered Person elects to continue      the Contract, the Cumulative Withdrawal Value will be available to your      spouse. |
|---|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                            | Contract      Value | Annual      Payment Percentage | Annual      Maximum/Actual Lifetime Plus Payment | Cumulative      Withdrawal Value |
|---------------------------------|---------------------|--------------------------------|--------------------------------------------------|----------------------------------|
| Third      Benefit Anniversary  | $      99,000       | 5%                             | $4,950                                           | $3,640                           |
| Fourth      Benefit Anniversary | $  91,000 | 5%                             | $4,669.86                                        | $0                               |

| · | Continuing      the previous example, assume that during the second month of the fourth      Benefit Year you request a withdrawal of $8,820 at a time when the      Contract Value is $98,000. First we withdraw your entire Cumulative      Withdrawal Value and send you a Cumulative Withdrawal of $3,640. The      Cumulative Withdrawal reduces your Contract Value on a dollar for dollar      basis, so the Contract Value after the payment is $98,000 – $3,640 =      $94,360. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | The      remainder of the withdrawal ($8,820 – $3,640 = $5,180)      is an Excess Withdrawal. We do not reduce the Excess Withdrawal for the      free withdrawal privilege because this privilege is not available once      Lifetime Plus Payments have begun. The Excess Withdrawal is a partial      withdrawal and is subject to a 3% withdrawal charge, which we calculate as      $5,180 / (1 – 0.03) = $5,180 / 0.97 = $5,340.21.      The Excess Withdrawal and the withdrawal charge also reduce the Contract      Value on a dollar for dollar basis      ($94,360 – $5,340.21 = $89,019.79). As a percentage of      Contract Value, the Excess Withdrawal (including the withdrawal charge)      represents 5.66% of Contract Value      ($5,340.21 / $94,360 = 5.66%). |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | On      the fourth Benefit Anniversary your Contract Value has decreased and you      have not crossed an age band since the last Benefit Anniversary so your      annual payment percentage has not increased. Therefore you will not      receive an annual increase to your annual maximum Lifetime Plus Payment on      this anniversary. However, we will reduce your annual maximum Lifetime      Plus Payment for the Excess Withdrawal you took during the fourth Benefit      Year. We calculate your annual maximum Lifetime Plus Payment on the fourth      Benefit Anniversary as follows: the annual maximum Lifetime Plus Payment      from the third Benefit Anniversary reduced by the 5.66% of Contract Value      withdrawn as an Excess Withdrawal during the fourth year (including the      withdrawal charge we calculated in the previous bullet point), which is      $4,950 – (5.66% x $4,950) = $4,950 – $280.17 = $4,669.83.      Because your actual payment is equal to the maximum Lifetime Plus Payment      for the fifth year, your actual Lifetime Plus Payment also reduces to      $4,669.86 and your Cumulative Withdrawal Value will remain at      zero. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | the      Contract Value, |
|--------|--------------------------|

| · | the      Quarterly Anniversary Value, |
|--------|---------------------------------------|

| · | for      the Lifetime Plus Benefit, the 5% Annual Increase (including the Enhanced      10-Year Value), |
|--------|---------------------------------------------------------------------------------------------------------|

| · | for      the Lifetime Plus II Benefit, the Highest Annual Increase (including the      Enhanced 5% Annual Increase and the Enhanced 10-Year Value),      or |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | for      the Lifetime Plus 10 Benefit, the 10% Annual  Increase. |
|--------|------------------------------------------------------------------|

----

----

|   | b +      [1.05 x (a – b)] |
|--------|---------------------------------|

|   | where: |
|--------|--------|

|   | a      = | The      5% Annual Increase as of the immediately preceding Business      Day. |
|--------|----------|--------------------------------------------------------------------------------|

|   | b      = | Purchase      Payments* received during the last Contract Year. However, if you selected      the Lifetime Plus Benefit at issue and you did not reset the 5% Annual      Increase, we will exclude any Purchase Payments received within 90 days of      the Issue Date. |
|--------|----------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | d +      [1.05 x (c – d + (0.05 x e))] |
|--------|----------------------------------------------|

|   | where: |
|--------|--------|

|   | c      = | The      5% Annual Increase as of the immediately preceding Business      Day. |
|--------|----------|--------------------------------------------------------------------------------|

|   | d      = | Purchase      Payments* received during the last Contract  Year. |
|--------|----------|------------------------------------------------------------------|

|   | e      = | Purchase      Payments* received during the Contract Year that began two years ago.      However, if you selected the Lifetime Plus Benefit at issue and did not      reset the 5% Annual Increase, then on the second Contract Anniversary we      may exclude any Purchase Payments received within 90 days of the Issue      Date. |
|--------|----------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| * | We      reduce each Purchase Payment proportionately by the percentage of Contract      Value applied to a Partial Annuitization or withdrawn (including any      withdrawal charge) for each annuitization or withdrawal taken since we      received that payment. |
|---|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | any Purchase Payments received      more than 91 days after the rider effective date will not be doubled as      guaranteed by the 5% Annual Increase before the Lifetime Plus Benefit will      terminate, and |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | if      you want to receive the maximum benefit from the 5% Annual Increase, you      will have less than one year to begin Lifetime Plus    Payments. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| · | on      or after the older Covered Person’s 81st  birthday, |
|--------|-------------------------------------------------------------------|

| · | on      or after the Benefit Date that you exercise the Lifetime Plus      Benefit, |
|--------|-------------------------------------------------------------------------------------|

| · | on      or after the Income Date that you take a Full Annuitization,      or |
|--------|------------------------------------------------------------------------------|

| · | if      the Contract Value is less than the 5% Annual Increase on the Contract      Anniversary plus 5% of all Purchase Payments received during the last      Contract Year. On the first Contract Anniversary we will exclude Purchase      Payments received within 90 days of the Issue  Date. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | The      Enhanced 10-Year Value as of the immediately preceding Business      Day. |
|--------|------------------------------------------------------------------------------------|

| · | Plus      any Purchase Payments* received within 90 days of the Issue Date excluding      the payment received on the IssueDate. |
|--------|----------------------------------------------------------------------------------------------------------------------------------|

| · | Plus      any additional Purchase Payments received on the first Contract      Anniversary. |
|--------|---------------------------------------------------------------------------------------------|

| · | Reduced      proportionately by the percentage of Contract Value applied to a Partial      Annuitization or withdrawn on the first Contract Anniversary (including      any withdrawal charge). |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| · | The      Enhanced 10-Year Value as of the immediately preceding Business      Day. |
|--------|------------------------------------------------------------------------------------|

| · | Plus      any Purchase Payments* received during the Contract Year that began eleven      years ago. If you selected the Lifetime Plus Benefit at issue and did not      reset the 5% Annual Increase, then on the eleventh Contract Anniversary      only we exclude Purchase Payments received within 90 days of the Issue      Date. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | Plus      any additional Purchase Payments received on the current Contract      Anniversary. |
|--------|-----------------------------------------------------------------------------------------------|

| · | Reduced      proportionately by the percentage of Contract Value applied to a Partial      Annuitization or withdrawn on the current Contract Anniversary (including      any withdrawal charge). |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| * | We      reduce each Purchase Payment proportionately by the percentage of Contract      Value applied to a Partial Annuitization or withdrawn (including any      withdrawal charge) for each annuitization or withdrawal taken since we      received that payment. |
|---|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | You      purchased a Contract with the Lifetime Plus Benefit. You made an initial      Purchase Payment of $50,000 on the Issue Date. You made a second Purchase      Payment of $50,000 during the third month of the Contract, and you made a      third Purchase Payment of $50,000 during the second Contract      Year. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                                                                                         | 5%      Annual Increase | Enhanced      10-Year Value | 5%      Annual Increase used to determine the BenefitBase |
|----------------------------------------------------------------------------------------------|-------------------------|-----------------------------|-----------------------------------------------------------|
| Issue      Date                                                                              | $      50,000           | $100,000*                   | $      50,000                                             |
| The      Business Day we receive the second Purchase Payment in the third      month         | $100,000*               | $150,000                    | $100,000                                                  |
| First      Contract Anniversary                                                              | $105,000                | $200,000                    | $105,000                                                  |
| The      Business Day we receive the third Purchase Payment in the second Contract      Year | $155,000                | $250,000                    | $155,000                                                  |
| Second      Contract Anniversary                                                             | $160,250                | $250,000                    | $160,250                                                  |
| Third      Contract Anniversary                                                              | $170,888                | $250,000                    | $170,888                                                  |
| Fourth      Contract Anniversary                                                             | $179,432                | $250,000                    | $179,432                                                  |
| Fifth      Contract Anniversary                                                              | $188,403                | $250,000                    | $188,403                                                  |
| Sixth      Contract Anniversary                                                              | $197,824                | $250,000                    | $197,824                                                  |
| Seventh      Contract Anniversary                                                            | $207,715                | $250,000                    | $207,715                                                  |
| Eighth      Contract Anniversary                                                             | $218,101                | $250,000                    | $218,101                                                  |
| Ninth      Contract Anniversary                                                              | $229,006                | $250,000                    | $229,006                                                  |
| Tenth      Contract Anniversary                                                              | $240,456                | $250,000                    | $250,000                                                  |
| 11th      Contract Anniversary                                                               |                    | $250,000                    | $250,000                                                  |
| 12th      Contract Anniversary                                                               |                    | $300,000                    | $300,000                                                  |

| * | This      value includes all Purchase Payments received in the first 90 days of the      Issue Date and is doubled on the 10th anniversary for purposes of the      Enhanced 10-Year Value. |
|---|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | On      the Issue Date, the 5% Annual Increase is equal to the Purchase Payment      received on the Issue Date ($50,000) and the Enhanced 10-Year Value is      equal to twice the Purchase Payment received on the Issue Date (2 x      $50,000 = $100,000). |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | During      the third month, on the Business Day we receive the second Purchase      Payment, we add that payment to both the 5% Annual Increase ($50,000 +      $50,000 = $100,000) and the Enhanced 10-Year Value ($100,000 + $50,000 =      $150,000). |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| · | On      the first Contract Anniversary we apply the 5% compounding to the 5%      Annual Increase. Since all Purchase Payments were received within 90 days      of the Issue Date, the 5% compounding applies to the entire 5% Annual      Increase amount (1.05 x $100,000 = $105,000) and we add the second      Purchase Payment to the Enhanced 10-Year Value again, thereby doubling      that payment  ($150,000 + $50,000 =  $200,000). |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | During      the second Contract Year, on the Business Day we receive the third      Purchase Payment, we add that payment to both the 5% Annual Increase      ($105,000 + $50,000 = $155,000) and the Enhanced 10-Year Value ($200,000 +      $50,000 = $250,000). |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | On      the second Contract Anniversary we apply the 5% compounding to the 5%      Annual Increase. However, since we have not had      the third Purchase Payment for an entire Contract Year, we do not apply      the 5% compounding to the third Purchase Payment ((1.05 x ($155,000      – $50,000)) + $50,000 = $160,250). In addition, we will not      double the third Purchase Payment under the Enhanced 10-Year Value until      we have had it for ten complete Contract Years, so the Enhanced      10-Year Value remains at $250,000 on the second Contract      Anniversary. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | On      the third Contract Anniversary we apply the 5% compounding to the 5%      Annual Increase. Because      we have had the third Purchase Payment for one complete Contract Year we      now apply 5% compounding to the payment for both the third Contract      Anniversary and the second Contract Anniversary (1.05 x ($160,250 +      (0.05 x $50,000)) = $170,888). The Enhanced 10-Year Value remains      unchanged on the third Contract  Anniversary. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | On      the fourth through ninth Contract Anniversaries we apply the 5%      compounding to the 5% Annual Increase. The Enhanced 10-Year Value remains      unchanged during this period because it has been less than ten complete      Contract Years since we received the third Purchase Payment. On each of      these Contract Anniversaries the 5% Annual Increase does not exceed the      Enhanced 10-Year Value. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | On      the tenth Contract Anniversary the 5% Annual Increase is equal to the      Enhanced 10-Year Value($250,000). |
|--------|----------------------------------------------------------------------------------------------------------------------|

| · | On the 12th Contract      Anniversary we have now had the third Purchase Payment for ten complete      Contract Years, so we add the third payment to the Enhanced 10-Year Value      again, thereby doubling that payment ($250,000 + $50,000 =      $300,000). |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   | b +      [ 1.05 x (a – b) ] |
|--------|-----------------------------------|

|   | where: |
|--------|--------|

| a      = | the      Enhanced 5% Annual Increase as of the immediately preceding Business Day,      and |
|----------|---------------------------------------------------------------------------------------------|

| b      = | Purchase      Payments* received during the last Contract Year. If the rider effective      date is the Issue Date and you did not receive an automatic reset of the      Enhanced 5% Annual Increase, then (b) does not include any Purchase      Payments received within 90 days of the Issue  Date. |
|----------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| * | We      reduce each Purchase Payment proportionately by the percentage of Contract      Value applied to a Partial Annuitization or withdrawn (including any      withdrawal charge) for each annuitization or withdrawal taken since we      received that payment. |
|---|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | d +      [ 1.05 x (c – d + (0.05 x e)) ] |
|--------|------------------------------------------------|

|   | where: |
|--------|--------|

| c      = | the      Enhanced 5% Annual Increase as of the immediately preceding Business      Day, |
|----------|-----------------------------------------------------------------------------------------|

| d      = | Purchase      Payments* received during the last Contract Year,  and |
|----------|----------------------------------------------------------------------|

| e      = | Purchase      Payments* received during the Contract Year that began two years ago.      However, if you selected the Lifetime Plus II Benefit at issue and you did      not receive an automatic reset of the Enhanced 5% Annual Increase, then on      the second Contract Anniversary (e) does not include any Purchase Payments      received within 90 days of the IssueDate. |
|----------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| * | We      reduce each Purchase Payment proportionately by the percentage of Contract      Value applied to a Partial Annuitization or withdrawn (including any      withdrawal charge) for each annuitization or withdrawal taken since we      received that payment. |
|---|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | any Purchase Payments received      more than 91 days after the rider effective date will not be doubled as      guaranteed by the Enhanced 5% Annual Increase before the Lifetime Plus II      Benefit will terminate, and |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | if      you want to receive the maximum benefit from the Enhanced 5% Annual      Increase, you will have less than one year to begin Lifetime Plus      Payments. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

----

| · | Its      value as of the immediately preceding Business  Day. |
|--------|---------------------------------------------------------------|

| · | Plus      any Purchase Payments* received within 90 days of the Issue Date excluding      the payment received on the IssueDate. |
|--------|----------------------------------------------------------------------------------------------------------------------------------|

| · | Plus      any additional Purchase Payments received on the first Contract      Anniversary. |
|--------|---------------------------------------------------------------------------------------------|

| · | Reduced      proportionately by the percentage of Contract Value applied to a Partial      Annuitization or withdrawn on the first Contract Anniversary (including      any withdrawal charge). |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| * | We      reduce each Purchase Payment proportionately by the percentage of Contract      Value applied to a Partial Annuitization or withdrawn (including any      withdrawal charge) for each annuitization or withdrawal taken since we      received that payment. |
|---|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | Its      value as of the immediately preceding Business  Day. |
|--------|---------------------------------------------------------------|

| · | Plus      any Purchase Payments* received during the Contract Year that began eleven      years ago. If you selected the Lifetime Plus II Benefit at issue, then on      the eleventh Contract Anniversary only we exclude Purchase Payments      received within 90 days of the IssueDate. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | Plus      any additional Purchase Payments received on the current Contract      Anniversary. |
|--------|-----------------------------------------------------------------------------------------------|

| · | Reduced      proportionately by the percentage of Contract Value applied to a Partial      Annuitization or withdrawn on the current Contract Anniversary (including      any withdrawal charge). |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| * | We      reduce each Purchase Payment proportionately by the percentage of Contract      Value applied to a Partial Annuitization or withdrawn (including any      withdrawal charge) for each annuitization or withdrawal taken since we      received that payment. |
|---|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|                                                            | Initial      Enhanced 5% Annual Increase | Initial      Enhanced 10-Year Value | First      Reset of the Enhanced 5% Annual Increase | First      Reset of the Enhanced 10-Year Value | Second      Reset of the Enhanced  5% Annual Increase | Second      Reset of the Enhanced 10-Year Value | Highest      Annual Increase |
|-----------------------------------------------------------------|------------------------------------------|-------------------------------------|-----------------------------------------------------|------------------------------------------------|-----------------------------------------------------------------|-------------------------------------------------|------------------------------|
| Issue      Date                                                 | $      50,000                            | $100,000*                           |                                                |                                           |                                                            |                                            | $      50,000                |
| Immediately      after Purchase Payment in third month          | $100,000*                                | $150,000                            |                                                |                                           |                                                            |                                            | $100,000                     |
| First      Contract Anniversary                                 | $105,000                                 | $200,000                            | $104,000                                            | $208,000                                       |                                                            |                                            | $105,000                     |
| Immediately      after Purchase Payment in second Contract Year | $155,000                                 | $250,000                            | $154,000                                            | $258,000                                       |                                                            |                                            | $155,000                     |
| Contract      Anniversary 2                                     | $160,250                                 | $250,000                            | $159,200                                            | $258,000                                       | $162,000                                                        | $324,000                                        | $162,000                     |
| Contract      Anniversary 3                                     | $170,888                                 | $250,000                            | $169,785                                            | $258,000                                       | $172,725                                                        | $324,000                                        | $172,725                     |
| Contract      Anniversary 4                                     | $179,432                                 | $250,000                            | $178,274                                            | $258,000                                       | $181,361                                                        | $324,000                                        | $181,361                     |
| Contract      Anniversary 5                                     | $188,403                                 | $250,000                            | $187,188                                            | $258,000                                       | $190,429                                                        | $324,000                                        | $190,429                     |
| Contract      Anniversary 6                                     | $197,824                                 | $250,000                            | $196,547                                            | $258,000                                       | $199,951                                                        | $324,000                                        | $199,951                     |
| Contract      Anniversary 7                                     | $207,715                                 | $250,000                            | $206,375                                            | $258,000                                       | $209,948                                                        | $324,000                                        | $209,948                     |
| Contract      Anniversary 8                                     | $218,101                                 | $250,000                            | $216,693                                            | $258,000                                       | $220,446                                                        | $324,000                                        | $220,446                     |
| Contract      Anniversary 9                                     | $229,006                                 | $250,000                            | $227,528                                            | $258,000                                       | $231,468                                                        | $324,000                                        | $231,468                     |
| Contract      Anniversary 10                                    | $250,000                                 | $250,000                            | $238,905                                            | $258,000                                       | $243,041                                                        | $324,000                                        | $250,000                     |
| Contract      Anniversary 11                                    | $250,000                                 | $250,000                            | $258,000                                            | $258,000                                       | $255,193                                                        | $324,000                                        | $258,000                     |
| Contract      Anniversary 12                                    | $300,000                                 | $300,000                            | $308,000                                            | $308,000                                       | $324,000                                                        | $324,000                                        | $324,000                     |

| * | This      value includes all Purchase Payments received in the first 90 days of the      Issue Date and is doubled on the tenth Contract Anniversary for purposes      of the Enhanced 10-Year Value. |
|---|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | On      the Issue Date, the initial Enhanced 5% Annual Increase is equal to the      Purchase Payment received on the Issue Date ($50,000). The initial      Enhanced 10-Year Value is equal to two times the Purchase Payment received      on the Issue Date ($100,000 = 2 x$50,000). |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | During      the third month, on the Business Day we receive the additional Purchase      Payment, we add that payment to both the initial Enhanced 5% Annual      Increase ($100,000 = $50,000 + $50,000) and the initial Enhanced 10-Year      Value ($150,000 = $100,000 +$50,000). |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | On      the first Contract Anniversary, we compound the initial Enhanced 5% Annual      Increase by 5%. Since all Purchase Payments were received within 90 days      of the Issue Date, the 5% compounding applies to the entire initial      Enhanced 5% Annual Increase ($105,000 = 1.05 x $100,000). And, since all      Purchase Payments were received within 90 days of the Issue Date, the      additional Purchase Payment is also added to the initial Enhanced 10-Year      Value, effectively doubling it ($200,000 = $150,000 +      $50,000). |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | On      each Contract Anniversary, we will automatically generate a new “reset”      Enhanced 5% Annual Increase if twice the Contract Value plus all Purchase      Payments received within the previous ten Contract Years (not including      Purchase Payments received within 90 days of the Issue Date) is greater      than the most recently established Enhanced 10-Year  Value. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | On      the first Contract Anniversary, the Contract Value ($104,000 ) is less      than the initial Enhanced 5% Annual Increase ($105,000), however, twice      the Contract Value ($208,000 = 2 x $104,000) is greater than the initial      Enhanced 10-Year Value ($200,000). Therefore, an automatic reset will      occur and the first reset Enhanced 5% Annual Increase will start at the      first Contract Anniversary. It will equal the Contract Value ($104,000)      and the first reset Enhanced 10-Year Value will be twice the Contract      Value ($208,000). |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| · | The      last column shows the Highest Annual Increase which is the maximum of the      Enhanced 5% Annual Increase values and represents the amount that will be      used to determine the Benefit Base. For example, even though there was an      automatic reset on the first Contract Anniversary that established the      first reset Enhanced 5% Annual Increase amount of $104,000, the Highest      Annual Increase is equal to the initial Enhanced 5% Annual Increase amount      of $105,000. The Highest Annual Increase amount shown for the first      Contract Anniversary in this example shows how the Lifetime Plus II      Benefit preserves the initial Enhanced 5% Annual Increase and each of the      reset Enhanced 5% Annual Increases to ensure the greatest amount is used      to determine the Benefit Base. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | During      the second Contract Year, on the Business Day we receive the additional      Purchase Payment, we add that payment to the initial Enhanced 5% Annual      Increase ($155,000 = $105,000 + $50,000), the Enhanced 10-Year Value      ($250,000 = $200,000 + $50,000), the first reset Enhanced 5% Annual      Increase ($154,000 = $104,000 + $50,000), and the first reset Enhanced      10-Year Value ($258,000 = $208,000 +$50,000). |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | On      the second Contract Anniversary, an automatic reset occurs and we      establish the second reset Enhanced 5% Annual Increase because twice the      Contract Value plus the amount of the third additional Purchase Payment      ($374,000 = $324,000 + $50,000) is greater than both the initial Enhanced      10-Year Value ($250,000) and the first reset Enhanced 10-Year Value      ($258,000). The second reset Enhanced 5% Annual Increase will equal the      Contract Value ($162,000) and the second reset Enhanced 10-Year Value will      be twice the Contract Value($324,000). |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | On      the second Contract Anniversary, the initial Enhanced 5% Annual Increase      is also compounded by 5%. However, since we have not had the most recent      Purchase Payment for at least one Contract Year we will not apply the 5%      compounding to that Purchase Payment ($160,250 = 1.05 x ($155,000 -      $50,000) + $50,000). The initial Enhanced 10-Year Value is unchanged.      Similarly, the first reset Enhanced 5% Annual Increase ($159,200 = 1.05 x      ($154,000 - $50,000) + $50,000) and the first reset Enhanced 10-Year Value      remain unchanged. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | On      the third Contract Anniversary, the initial Enhanced 5% Annual Increase is      compounded by 5%. We have had the most recent Purchase Payment for at      least one Contract Year so we will apply 5% compounding to that Purchase      Payment for both the current Contract Anniversary and the previous      Contract Anniversary. The initial Enhanced 5% Annual Increase on the third      Contract Anniversary will be $170,888 (1.05 x ($162,250 + (0.05 x      $50,000))). We calculate the first reset Enhanced 5% Annual Increase and      the second reset Enhanced 5% Annual Increase the same way resulting in      $169,785 and $172,725 respectively. All of the Enhanced 10-Year Values on      the third Contract Anniversary areunchanged. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | Starting      with the fourth Contract Anniversary, because there are no additional      Purchase Payments, we compound the full value of each Enhanced 5% Annual      Increase by 5% on each Contract Anniversary until the tenth Contract      Anniversary following the Issue Date or reset anniversary, as applicable,      after which the Enhanced 5% Annual Increase is equal to the Enhanced      10-Year Value established on the samedate. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | The      initial Enhanced 10-Year Value and the first reset of the Enhanced 10-Year      Value do not double the third Purchase Payment until the tenth Contract      Anniversary after we receive the payment. In this example, the third      Purchase Payment of $50,000 is added to these two values during the second      Contract Year. These Enhanced 10-Year Values then remain unchanged from      that point until the twelfth Contract Anniversary (which is the tenth      Contract Anniversary after we received the third Purchase Payment) when we      then double that Purchase Payment. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   | a      + 0.025 (b – c) |
|--------|------------------------------|

|   | Where: |
|--------|--------|

| a = | The      10% Annual Increase as of the immediately preceding Business      Day; |
|-----|---------------------------------------------------------------------------------|

| b = | The      Increase Base as of the immediately preceding Business Day;      and |
|-----|-------------------------------------------------------------------------------|

| c = | Purchase      Payments* received on or after the previous Quarterly Anniversary.      However, if you selected the Lifetime Plus 10 Benefit at issue then we      exclude any Purchase Payments received before the first Quarterly      Anniversary. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| * | We      reduce each Purchase Payment proportionately by the percentage of Contract      Value applied to a Partial Annuitization or withdrawn (including any      withdrawal charge) for each annuitization or withdrawal taken since we      received that payment. |
|---|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| Quarterly      Anniversary                                   | Contract      Value | Increase      Base | 2.5%      Quarterly Increase | 10%      Annual Increase |
|--------------------------------------------------------------|---------------------|--------------------|------------------------------|--------------------------|
| Issue      Date                                              | $100,000            | $100,000           |                         | $100,000                 |
| 1st      Quarterly Anniversary                               | $  98,327 | $100,000           | $2,500                       | $102,500                 |
| 2nd      Quarterly Anniversary                               | $102,864            | $100,000           | $2,500                       | $105,000                 |
| During      the 3rd Quarter                                  |                | $110,000           |                         | $115,000                 |
| 3rd      Quarterly Anniversary                               | $113,732            | $110,000           | $2,500                       | $117,500                 |
| 4th      Quarterly Anniversary/1st      Contract Anniversary | $115,362            | $110,000           | $2,750                       | $120,250                 |
| 5th      Quarterly Anniversary                               | $127,451            | $127,451           |                         | $127,451                 |
| 6th      Quarterly Anniversary                               | $  92,983 | $127,451           | $3,186                       | $130,637                 |

| · | On      the Issue Date, both the 10% Annual Increase and the Increase Base are      equal to the Purchase Payment received on the Issue Date      ($100,000). |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | On      the first Quarterly Anniversary we apply the quarterly increase to the      Increase Base and add it to the 10% Annual Increase, which      is:  (2.5% x $100,000) + $100,000 = $2,500 + $100,000 =      $102,500. The Contract Value on this anniversary is $98,327, which is less      than the 10% Annual Increase so there is no  reset. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | On      the second Quarterly Anniversary we apply the quarterly increase to the      Increase Base and add it to the 10% Annual Increase, which      is:  (2.5% x $100,000) + $102,500 = $2,500 + $102,500= $105,000.      The Contract Value on this anniversary is $102,864, which is less than the      10% Annual Increase so there is noreset. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | During      the third quarter, on the Business Day we receive the additional Purchase      Payment of $10,000 we add that payment to both the Increase Base ($100,000      + $10,000 = $110,000) and the 10% Annual Increase ($105,000 + $10,000 =      $115,000). |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | On      the third Quarterly Anniversary we apply the quarterly increase to the      Increase Base. The quarterly increase is the Increase Base minus the Purchase Payment we      received during the last quarter multiplied by 2.5%, or 2.5% x      ($110,000 – $10,000) = $2,500. We then add the quarterly increase to the      10% Annual Increase, which is: $2,500 + $115,000 = $117,500. The Contract      Value on this anniversary is $113,732, which is less than the 10% Annual      Increase so there is no reset. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | On      the fourth Quarterly Anniversary we apply the quarterly increase to the      Increase Base and add it to the 10% Annual Increase, which      is:  (2.5% x $110,000) + $117,500 = $2,750 + $117,500= $120,250.      The Contract Value on this anniversary is $115,362, which is less than the      10% Annual Increase so there is noreset. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | On      the fifth Quarterly Anniversary we apply the quarterly increase to the      Increase Base and add it to the 10% Annual Increase, which      is:  (2.5% x $110,000) + $120,250 = $2,750 + $120,250= $123,000.      However, the Contract Value on this anniversary is $127,451, which is      greater than the 10% Annual Increase, so we reset both the 10% Annual      Increase and the Increase Base to equal the Contract Value of      $127,451. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | On      the sixth Quarterly Anniversary we apply the quarterly increase to the      Increase Base and add it to the 10% Annual Increase, which      is:  (2.5% x $127,451) + $127,451 = $3,186 + $127,451 =      $130,637. The Contract Value on this anniversary is $92,983, which is less      than the 10% Annual Increase so there is no  reset. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | Assuming      there were no other resets, no additional Purchase Payments, and no      Partial Annuitizations by the 20th Contract Anniversary (which is the 80th      Quarterly Anniversary) the 10% Annual Increase would receive an additional      74 quarterly increases of      $3,186 each. On the 20th Contract Anniversary the 10% Annual Increase      would receive its last quarterly increase, and would be      $366,401. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | On      each subsequent Quarterly Anniversary the 10% Annual Increase may increase      due to additional Purchase Payments, or due to resets if the Contract      Value is greater than the 10% Annual Increase, but the 10% Annual Increase      receives no more 2.5% quarterlyincreases. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| · | You cannot have more than 25%      of your total Contract Value in the Group A Investment      Options. |
|--------|---------------------------------------------------------------------------------------------------------|

| · | You cannot have more than 70%      of your total Contract Value in both Group A and Group B Investment      Options. |
|--------|----------------------------------------------------------------------------------------------------------------------|

| · | We do not limit the amount of      Contract Value that you can have in the Group C Investment      Options. |
|--------|-------------------------------------------------------------------------------------------------------------|

| Group      A Investment Options(1)                                                                                                                                                                                    |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| AZL      Columbia Small Cap Value FundAZL      Franklin Small Cap Value FundAZL      Fusion Growth FundAZL      OCC Opportunity FundAZL      Schroder Emerging Markets Equity FundAZL      Small Cap Stock Index Fund | AZL      Turner Quantitative Small Cap Growth FundAZL      Van Kampen Global Real Estate FundDavis      VA Financial PortfolioFranklin      Income Securities FundFranklin      Templeton VIP Founding Funds Allocation FundPIMCO      VIT CommodityRealReturn Strategy  Portfolio |

| (1) | For any      Lifetime Benefit added to your Contract before January 26, 2009, the      following funds are included in the Group  C |
|-----|-------------------------------------------------------------------------------------------------------------------------------------|

|   | Investment      Options and are not included in the Group A Investment Options: AZL      Fusion Growth Fund, Franklin Income Securities Fund, and Franklin      Templeton VIP Founding Funds Allocation  Fund. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Group      B Investment Options                                                                                                                                                                                                                                                                                                      |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| AZL      AIM International Equity FundAZL      BlackRock Capital Appreciation FundAZL      Columbia Mid Cap Value FundAZL      Davis NY Venture FundAZL      Dreyfus Equity Growth FundAZL      Eaton Vance Large Cap Value FundAZL      International Index FundAZL      JPMorgan U.S. Equity FundAZL      MFS Investors Trust Fund | AZL      OCC Growth FundAZL      S&P 500 Index FundAZL      Van Kampen Growth and Income FundAZL      Van Kampen International Equity FundAZL      Van Kampen Mid Cap Growth FundMutual      Global Discovery Securities FundMutual      Shares Securities FundOpCap      Mid Cap PortfolioTempleton      Growth Securities Fund |

----

| Group      C Investment Options                                                                                                                                                                                                                                                                                                               |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| AZL      Allianz Global Investors Select FundAZL      Balanced Index Strategy FundAZL      Franklin Templeton Founding Strategy Plus FundAZL      Fusion Balanced FundAZL      Fusion Conservative FundAZL      Fusion Moderate FundAZL      Moderate Index Strategy FundAZL      Money Market FundAZL      Van Kampen Equity and Income Fund | BlackRock      Global Allocation V.I. FundFranklin      High Income Securities FundFranklin      U.S. Government FundFranklin      Zero Coupon Fund 2010PIMCO      VIT All Asset PortfolioPIMCO      VIT Emerging Markets Bond PortfolioPIMCO      VIT Global Bond Portfolio (Unhedged)PIMCO      VIT Global Multi-Asset PortfolioPIMCO      VIT High Yield PortfolioPIMCO      VIT Real Return PortfolioPIMCO      VIT Total Return PortfolioTempleton      Global Bond Securities Fund |

----

| · | The      Business Day we process your request to remove your selected Lifetime Plus      Benefit from the Contract (the rider termination  date). |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------|

| · | The      date of death of all CoveredPersons. |
|--------|-----------------------------------------------|

| · | The      older Covered Person’s 91stbirthday. |
|--------|-----------------------------------------------------|

| · | The      Business Day before the Income Date that you take a Full Annuitization,      including a required Full      Annuitization on the maximum permitted Income Date. For more      information, see section 3, The AnnuityPhase. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | The      Business Day we process your request for a full  withdrawal. |
|--------|-----------------------------------------------------------------------|

| · | Contract      termination. |
|--------|----------------------------|

| · | The      Business Day you take an Excess Withdrawal of the entire Contract Value.      (For Contracts issued in Nevada, if you take an Excess Withdrawal that      reduces your Lifetime Plus Payment to less than $100 and we cannot      restructure your payment so that it is at least $100, you must take an      Excess Withdrawal of the entire Contract Value. For Contracts issued in      all other states, if you take an Excess Withdrawal that reduces your      annual maximum Lifetime Plus Payment to less than $100, you must take an      Excess Withdrawal of the entire ContractValue.) |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | The      Business Day before the Income Date that you take a Full Annuitization,      including a required Full      Annuitization on the maximum permitted Income Date. For more      information, see section 3, The AnnuityPhase. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | For      single Lifetime Plus Payments when the Contract is solely owned or owned      by a non-individual, the date of death of the Covered    Person. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | For      single Lifetime Plus Payments when the Contract is jointly owned and the      Joint Owners are not spouses, the date of death of any Joint      Owner. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | For      single Lifetime Plus Payments when the Contract is jointly owned by      spouses, the date of death of any Joint Owner unless the surviving spouse      is the Covered Person and elects to continue the Contract. If the      surviving spouse who is also the Covered Person continues the Contract,      your benefit will terminate on the date of death of the Covered      Person. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | For      joint Lifetime Plus Payments, the date of death of both Covered Persons.      However, if an Owner (or Annuitant, if the Contract is owned by a      non-individual) dies and the surviving spouse, who is also a Covered      Person, elects to receive payout of the death benefit instead of      continuing the Contract, then Lifetime Plus Payments will stop and your      benefit will terminate as of the end of the Business Day during which we      receive in Good Order at the Service Center, both due proof of death and      an election of the death benefit paymentoption. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | Contract      termination. |
|--------|----------------------------|

----

|   | APPENDIX      G – PREVIOUS VERSIONS OF THE INVESTMENT PROTECTOR AND INCOME      PROTECTOR |
|--------|-------------------------------------------------------------------------------------------------|

| Annual      Maximum Lifetime Plus Payment Table for the Income Protector      (08.09)                     |
|-----------------------------------------------------------------------------------------------------------|
| Age      band of the Covered Person(or      younger Covered Person for joint Lifetime Plus      Payments) |   | Annual      maximum Lifetime Plus Payment percentage |
| 65      – 79                                                                                        | 4.5% |
| 80+                                                                                                       | 5.5% |

----

|   | GLOSSARY |
|--------|----------|

----

----

----

|   | FOR      SERVICE OR MORE INFORMATION |
|--------|--------------------------------------|

|   | Public      Reference Section of the Commission |
|--------|-------------------------------------------------|

|   | 100      F Street, NE |
|--------|-----------------------|

|   | Washington,      DC 20549 |
|--------|---------------------------|

|   | Allianz      Life Insurance Company of NorthAmerica |
|--------|-----------------------------------------------------|

|   | 5701      Golden Hills Drive |
|--------|------------------------------|

|   | Minneapolis,      MN 55416 |
|--------|----------------------------|

|   | (800)      624-0197 |
|--------|---------------------|

|   | Allianz      Life Insurance Company of NorthAmerica |
|--------|-----------------------------------------------------|

|   | P.O.      Box 561 |
|--------|-------------------|

|   | Minneapolis,      MN 55440-0561 |
|--------|---------------------------------|

|   | (800)      624-0197 |
|--------|---------------------|

----

----

|   | PART      B – SAI |
|--------|-------------------------|

----

|   | STATEMENT      OF ADDITIONAL INFORMATION |
|--------|------------------------------------------|

|   | ALLIANZ      VISIONSM |
|--------|-----------------------|

|   | INDIVIDUAL      FLEXIBLE PURCHASE PAYMENT |
|--------|-------------------------------------------|

|   | VARIABLE      DEFERRED ANNUITY CONTRACT |
|--------|-----------------------------------------|

|   | ISSUED      BY |
|--------|----------------|

|   | ALLIANZ      LIFE®      VARIABLE ACCOUNT B (THE SEPARATEACCOUNT) |
|--------|-----------------------------------------------------------------------|

|   | AND |
|--------|-----|

|   | ALLIANZ      LIFE INSURANCE COMPANY OF NORTHAMERICA |
|--------|-----------------------------------------------------|

|   | (ALLIANZ      LIFE, WE, US, OUR) |
|--------|----------------------------------|

|   | MAY      1, 2010 |
|--------|------------------|

|   | TABLE      OF CONTENTS |
|--------|------------------------|

| Allianz Life                                             | 2 |
|----------------------------------------------------------|---|
| Experts                                                  | 2 |
| Legal Opinions                                           | 2 |
| Distributor                                              | 2 |
| Reduction or Elimination of the Withdrawal      Charge   | 3 |
| Federal Tax Status                                       | 3 |
| General                                                  | 4 |
| Diversification                                          | 4 |
| Owner Control                                            | 5 |
| Contracts Owned by      Non-Individuals                  | 5 |
| Income Tax Withholding                                   | 5 |
| Required Distributions                                   | 5 |
| Qualified Contracts                                      | 6 |
| Annuity Provisions                                       | 7 |
| Annuity Units/Calculating Variable Annuity      Payments | 7 |
| Mortality and Expense Risk      Guarantee                | 8 |
| Financial Statements                                     | 8 |
| Appendix – Condensed Financial      Information    | 9 |

----

| Calendar      Year | Aggregate      Amount of Commissions Paid toAllianz      Life Financial | Aggregate      Amount of Commissions Retained by Allianz Life Financial After Payments to      Selling Firms |
|--------------------|-------------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------|
| 2006               | $207,968,987.55                                                         | $0                                                                                                           |
| 2007               | $218,444,880.80                                                         | $0                                                                                                           |
| 2008               | $198,319,091.42                                                         | $0                                                                                                           |

----

|   | Firm      Name                    |
|--------|-----------------------------------|
| 1      | LPL      Financial Network        |
| 2      | AIG      Advisor Group            |
| 3      | National      Planning Holdings   |
| 4      | H D      Vest Investment Services |
| 5      | Wachovia      Securities          |

| · | the      size of the group; |
|--------|-----------------------------|

| · | the      total amount of Purchase Payments expected to be received from the      group; |
|--------|-----------------------------------------------------------------------------------------|

| · | the      nature of the group for which the Contracts are purchased, and the      persistency expected in that group (for example, the expectation that the      Owners will continue to hold the Contracts for a certain period of      time); |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | the      purpose for which the Contracts are purchased and whether that purpose      makes it likely that expenses will be reduced;  and |
|--------|------------------------------------------------------------------------------------------------------------------------------------------|

| · | any      other circumstances which we believe to be relevant to determining whether      reduced sales or administrative expenses may be  expected. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------|

----

| · | no      more than 55% of the value of the total assets of the Investment Option is      represented by any one investment; |
|--------|----------------------------------------------------------------------------------------------------------------------------|

| · | no      more than 70% of the value of the total assets of the Investment Option is      represented by any two investments; |
|--------|-----------------------------------------------------------------------------------------------------------------------------|

| · | no      more than 80% of the value of the total assets of the Investment Option is      represented by any three investments;and |
|--------|----------------------------------------------------------------------------------------------------------------------------------|

| · | no      more than 90% of the value of the total assets of the Investment Option is      represented by any fourinvestments. |
|--------|-----------------------------------------------------------------------------------------------------------------------------|

----

| · | a      series of substantially equal payments made at least annually for the life      or life expectancy of the participant or joint and last survivor      expectancy of the participant and a designated Beneficiary, or for a      specified period of ten years or more;or |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | distributions      which are required minimum distributions;or |
|--------|----------------------------------------------------------------|

| · | the      portion of the distributions not included in gross income (for example,      returns of after-tax contributions);or |
|--------|------------------------------------------------------------------------------------------------------------------------------|

| · | hardship      withdrawals. |
|--------|----------------------------|

| · | if      any Owner dies on or after the Income Date, but before the time the entire      interest in the Contract has been distributed, the entire interest in the      Contract will be distributed at least as rapidly as under the method of      distribution being used as of the date of such Owner’s death;      and |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | if      any Owner dies before the Income Date, the entire interest in the Contract      will be distributed within five years after the date of such Owner’s      death. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

----

| · | Whether      you request fixed payments, variable payments, or a combination of both      fixed and variable AnnuityPayments. |
|--------|-------------------------------------------------------------------------------------------------------------------------------|

| · | The      adjusted Contract Value on the IncomeDate. |
|--------|-----------------------------------------------------|

| · | The      Annuity Option you select. |
|--------|-------------------------------------|

| · | The      age of the Annuitant and any jointAnnuitant. |
|--------|-------------------------------------------------------|

| · | The      sex of the Annuitant and any joint Annuitant where  allowed. |
|--------|-----------------------------------------------------------------------|

| · | multiply      the Annuity Unit value for the immediately preceding Business Day by the      net investment factor for the current Business Day;  and |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------|

| · | divide      by the assumed net investment factor for the current Business      Day. |
|--------|-------------------------------------------------------------------------------------|

----

----

| Key to Benefit Option* | M&E      Charges                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
|------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| VISB      1       | Allianz      Vision – Contract with the Bonus      Option                                                                                                                                                                                                                                                                                                                                                                        | 1.70% |
| VISB      10           | Allianz      Vision – Contract with the Bonus Option, Quarterly Value Death Benefit and      joint Lifetime Plus Payments under the Lifetime Plus II Benefit or      Lifetime Plus 10 Benefit (before payments      begin)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                | 2.95% |
| VISB      11           | Allianz      Vision – Contract with the Bonus Option and the Target Date Retirement      Benefit                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          | 2.10% |
| VISB      3            | Allianz      Vision – Contract with the Bonus Option, Quarterly Value Death Benefit and      the Target Date Retirement Benefit; Contract with the Bonus Option and      single Lifetime Plus Payments under theLifetime      Plus Benefit; and Contract with the Bonus Option and single Lifetime Plus      Payments under the Lifetime Plus II Benefit or      Lifetime Plus 10 Benefit (once payments      begin)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      | 2.40% |
| VISB      4            | Allianz      Vision – Contract with the Bonus Option, Quarterly Value Death Benefit      andsingle      Lifetime Plus Payments under the Lifetime Plus Benefit; and Contract with      the Bonus Option, Quarterly Value Death Benefit and single Lifetime Plus      Payments under the Lifetime Plus II Benefit or      Lifetime Plus 10 Benefit (once payments      begin)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              | 2.70% |
| VISB      5            | Allianz      Vision – Contract with the Bonus Option and joint Lifetime Plus Payments      under theLifetime      Plus Benefit; and Contract with the Bonus Option and joint Lifetime Plus      Payments under theLifetime      Plus II      Benefit or Lifetime Plus 10 Benefit (once payments      begin)                                                                                                                      | 2.55% |
| VISB      6            | Allianz      Vision – Contract with the Bonus Option, Quarterly Value Death Benefit and      joint Lifetime Plus Payments under the Lifetime Plus Benefit; and Contract      with the Bonus Option, Quarterly Value Death Benefit and joint Lifetime      Plus Payments under the Lifetime Plus II Benefit or      Lifetime Plus 10 Benefit (once payments      begin)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    | 2.85% |
| VISB      7            | Allianz      Vision – Contract with the Bonus Option and single Lifetime Plus Payments      under theLifetime      Plus II      Benefit or Lifetime Plus 10 Benefit (before payments      begin)                                                                                                                                                                                                                                 | 2.50% |
| VISB      8            | Allianz      Vision – Contract with the Bonus Option, Quarterly Value Death Benefit and      single Lifetime Plus Payments under the Lifetime Plus II Benefit or      Lifetime Plus 10 Benefit (before payments      begin)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               | 2.80% |
| VISB      9            | Allianz      Vision – Contract with the Bonus Option and joint Lifetime Plus Payments      under theLifetime      Plus II      Benefit or Lifetime Plus 10 Benefit (before payments      begin)                                                                                                                                                                                                                                  | 2.65% |
| VISC      1            | Allianz      Vision – Contract with the No Withdrawal Charge, Quarterly Value Death      Benefit and theTarget      Date Retirement Benefit; Contract with the No Withdrawal Charge and single      Lifetime Plus Payments under the Lifetime Plus Benefit; and Contract with      the No Withdrawal Charge Option and single Lifetime Plus Payments under      the Lifetime Plus II Benefit or      Lifetime Plus 10 Benefit (once payments      begin)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  | 2.45% |
| VISC      10           | Allianz      Vision – Contract with the No Withdrawal Charge, Quarterly Value Death      Benefit and joint Lifetime Plus Payments under the Lifetime Plus II Benefit or      Lifetime Plus 10 Benefit (before payments      begin)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        | 3.00% |
| VISC      2            | Allianz      Vision – Contract with the No Withdrawal Charge, Quarterly Value Death      Benefit and single Lifetime Plus Payments under the Lifetime Plus Benefit;      and Contract with the No Withdrawal Charge Option, Quarterly Value Death      Benefit and single Lifetime Plus Payments under the Lifetime Plus II Benefit or      Lifetime Plus 10 Benefit (once payments      begin)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           | 2.75% |
| VISC      3            | Allianz      Vision – Contract with the No Withdrawal Charge and joint Lifetime Plus      Payments under the Lifetime Plus Benefit; and Contract with the No      Withdrawal Charge Option and joint Lifetime Plus Payments under the      Lifetime Plus II Benefit or      Lifetime Plus 10 Benefit (once payments      begin)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           | 2.60% |

----

| Key to Benefit Option* | M&E      Charges                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |
|------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| VISC      4            | Allianz      Vision – Contract with the No Withdrawal Charge, Quarterly Value Death      Benefit and joint Lifetime Plus Payments under the Lifetime Plus Benefit;      and Contract with the No Withdrawal Charge Option, Quarterly Value Death      Benefit and joint Lifetime Plus Payments under the Lifetime Plus II Benefit or      Lifetime Plus 10 Benefit (once payments      begin)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       | 2.90% |
| VISC      5            | Allianz      Vision – Contract with the No Withdrawal Charge Option and the Target Date      Retirement Benefit                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     | 2.15% |
| VISC      7            | Allianz      Vision – Contract with the No Withdrawal Charge Option and single Lifetime      Plus Payments under the Lifetime Plus II Benefit or      Lifetime Plus 10 Benefit (before payments      begin)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         | 2.55% |
| VISC      8            | Allianz      Vision – Contract with the No Withdrawal Charge Option, Quarterly Value      Death Benefit and single Lifetime Plus Payments under the Lifetime Plus      II      Benefit or Lifetime Plus 10 Benefit(before      payments      begin)                                                                                                                        | 2.85% |
| VISC      9            | Allianz      Vision – Contract with the No Withdrawal Charge Option and joint Lifetime      Plus Payments under the Lifetime Plus II Benefit or      Lifetime Plus 10 Benefit (before payments      begin)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          | 2.70% |
| VISI      10           | Allianz      Vision – Base Contract with the Quarterly Value Death Benefit and joint      Lifetime Plus Payments under the Lifetime Plus II Benefit or      Lifetime Plus 10 Benefit (before payments      begin)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   | 2.65% |
| VISI      11           | Allianz      Vision – Base Contract with the Target Date Retirement      Benefit                                                                                                                                                                                                                                                                                           | 1.80% |
| VISI      2            | Allianz      Vision – Base Contract with the Quarterly Value Death      Benefit                                                                                                                                                                                                                                                                                            | 1.70% |
| VISI      3            | Allianz      Vision – Base Contract with the Quarterly Value Death Benefit and the      Target Date Retirement Benefit; Base Contract with single Lifetime Plus      Payments under the Lifetime Plus Benefit; andBase      Contracts with single Lifetime Plus Payments under the Lifetime Plus II Benefit or      Lifetime Plus 10 Benefit (once payments      begin)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             | 2.10% |
| VISI      4            | Allianz      Vision – Base Contract with the Quarterly Value Death Benefit and single      Lifetime Plus Payments under the Lifetime Plus Benefit; and Base Contract      with the Quarterly Value Death Benefit and single Lifetime Plus Payments      under the Lifetime Plus II Benefit or      Lifetime Plus 10 Benefit (once payments      begin)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              | 2.40% |
| VISI      5            | Allianz      Vision – Base Contract with joint Lifetime Plus Payments under the      Lifetime Plus Benefit; andBase      Contract with joint Lifetime Plus Payments under the Lifetime Plus II Benefit or      Lifetime Plus 10 Benefit (once payments      begin)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  | 2.25% |
| VISI      6            | Allianz      Vision – Base Contract with the Quarterly Value Death Benefit and joint      Lifetime Plus Payments under the Lifetime Plus Benefit; and Base Contract      with the Quarterly Value Death Benefit and joint Lifetime Plus Payments      under the Lifetime Plus II Benefit or      Lifetime Plus 10 Benefit (once payments      begin)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                | 2.55% |
| VISI      7            | Allianz      Vision – Base Contract with single Lifetime Plus Payments under the      Lifetime Plus II Benefit or      Lifetime Plus 10 Benefit (before payments      begin)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        | 2.20% |
| VISI      8            | Allianz      Vision – Base Contract with the Quarterly Value Death Benefit and single      Lifetime Plus Payments under the Lifetime Plus II Benefit or      Lifetime Plus 10 Benefit (before payments      begin)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  | 2.50% |
| VISI      9            | Allianz      Vision – Base Contract with joint Lifetime Plus Payments under the      Lifetime Plus II Benefit or      Lifetime Plus 10 Benefit (before payments      begin)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         | 2.35% |
| VISL      1            | Allianz      Vision – Contract with the Short Withdrawal Charge      Option                                                                                                                                                                                                                                                                                                | 1.65% |
| VISL      10           | Allianz      Vision – Contract with the Short Withdrawal Charge Option, Quarterly Value      Death Benefit and joint Lifetime Plus Payments under the Lifetime      Plus II      Benefit or Lifetime Plus 10 Benefit(before      payments      begin)                                                                                                                      | 2.90% |
| VISL      11           | Allianz      Vision – Contract with the Short Withdrawal Charge Option and the Target      Date Retirement Benefit                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  | 2.05% |
| VISL      2            | Allianz      Vision – Contract with the Short Withdrawal Charge Option and Quarterly      Value Death Benefit                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       | 1.95% |
| VISL      3            | Allianz      Vision – Contract with the Short Withdrawal Charge, Quarterly Value Death      Benefit and the Target Date Retirement Benefit; Contract with the Short      Withdrawal Charge Option and single Lifetime Plus Payments under the      Lifetime Plus Benefit; and Contract with the Short Withdrawal Charge      Option and single Lifetime Plus Payments under the Lifetime Plus II Benefit or      Lifetime Plus 10 Benefit (once payments      begin)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                | 2.35% |
| VISL      4            | Allianz      Vision – Contract with the Short Withdrawal Charge Option, Quarterly Value      Death Benefit and single Lifetime Plus Payments under the Lifetime Plus      Benefit; and Contract with the Short Withdrawal Charge Option, Quarterly      Value Death Benefit and single Lifetime Plus Payments under the Lifetime      Plus II      Benefit or Lifetime Plus 10 Benefit (once payments      begin)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   | 2.65% |

----

| Key to Benefit Option* | M&E      Charges                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
|------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| VISL      5            | Allianz      Vision – Contract with the Short Withdrawal Charge Option and joint      Lifetime Plus Payments under the Lifetime Plus Benefit; and Contract with      the Short Withdrawal Charge Option and joint Lifetime Plus Payments under      the Lifetime Plus II Benefit or      Lifetime Plus 10 Benefit (once payments      begin)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         | 2.50% |
| VISL      6            | Allianz      Vision – Contract with the Short Withdrawal Charge Option, Quarterly Value      Death Benefit and joint Lifetime Plus Payments under the Lifetime Plus      Benefit; and Contract with the Short Withdrawal Charge Option, Quarterly      Value Death Benefit and joint Lifetime Plus Payments under the Lifetime      Plus II      Benefit or Lifetime Plus 10 Benefit (once payments      begin)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      | 2.80% |
| VISL      7            | Allianz      Vision – Contract with the Short Withdrawal Charge Option and single      Lifetime Plus Payments under the Lifetime Plus II Benefit or      Lifetime Plus 10 Benefit (before payments      begin)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       | 2.45% |
| VISL      8            | Allianz      Vision – Contract with the Short Withdrawal Charge Option, Quarterly Value      Death Benefit and single Lifetime Plus Payments under the Lifetime Plus      II      Benefit or Lifetime Plus 10 Benefit(before      payments      begin)                                                                                                                      | 2.75% |
| VISL      9            | Allianz      Vision – Contract with the Short Withdrawal Charge Option and joint      Lifetime Plus Payments under the Lifetime Plus II Benefit or      Lifetime Plus 10 Benefit (before payments      begin)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        | 2.60% |

| Benefit      Option *  | Period      or Year Ended | AUV      at Beginning of Period | AUV      at End of Period | Number      of Accumulation Units Outstanding at End of Period |
|------------------------|---------------------------|---------------------------------|---------------------------|----------------------------------------------------------------|
| Investment      Option |

----

----

|   | PART      C - OTHER INFORMATION |
|--------|---------------------------------|

| a. | Financial      Statements |
|----|---------------------------|

|   | TO      BE FILED BY AMENDMENT |
|--------|-------------------------------|

| b. | Exhibits |
|----|----------|

|   | 1. | Resolution      of Board of Directors of the Company authorizing the establishment of the      Variable Account dated May 31, 1985(1)      incorporated by reference as exhibitEX-99.B1. |
|--------|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 2. | Not      Applicable |
|--------|----|---------------------|

|   | 3. | a. | Principal      Underwriter's Agreement by and between North American Life and Casualty      Company on behalf of NALAC Financial Plans, Inc. dated September      14,1988.(2)      incorporated by reference as exhibit EX-99.B3.a. North American Life and      Casualty Company is the predecessor to Allianz Life Insurance Company of      North America. NALAC Financial Plans, Inc., is the predecessor to      USAllianz Investor Services, LLC which is the predecessor to Allianz Life      Financial Services, LLC. |
|--------|----|----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 3. | b. | Copy      of Broker-Dealer Agreement between North American Life and Casualty      Company and NALAC Financial Plans, Inc. dated November 19, 1987; Amendment      #1 dated April 12, 2000; Amendment #2 dated September 30, 2002; Amendment      #3 dated October 1, 2003.(8)      incorporated by reference as exhibit EX-99.B3.b. (North American Life and      Casualty Company is the predecessor to Allianz Life Insurance Company of      North America. NALAC Financial Plans, Inc, is the predecessor to USAllianz      Investor Services, LLC, which is the predecessor to Allianz Life Financial      Services, LLC.) |
|--------|----|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 3. | c. | The      current specimen of the selling agreement between Allianz Life Financial      Services, LLC, the principal underwriter for the Contracts, and retail      brokers which offer and sell the Contracts to the public is incorporated      by reference(5)as      exhibit EX-99.B3.b. The underwriter has executed versions of the agreement      with approximately 2,100 retailbrokers. |
|--------|----|----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 4. | a. | Individual      Variable Annuity "Base" Contract-L40529(7)      incorporated by reference as exhibitEX-99.B4.a. |
|--------|----|----|-----------------------------------------------------------------------------------------------------------------|

|   | 4. | b. | Individual      Variable Annuity "Bonus" Contract-L40530(7)      incorporated by reference as exhibitEX-99.B4.b. |
|--------|----|----|------------------------------------------------------------------------------------------------------------------|

|   | 4. | c. | Schedule      Pages revised-S40776 to S40783 combined(11)      incorporated by reference as exhibitEX-99.B4.c. |
|--------|----|----|----------------------------------------------------------------------------------------------------------------|

|   | 4. | d. | Schedule      Pages-Investment Options-S40788,S40789, S40796 combined(11)      incorporated by reference as exhibitEX-99.B4.d. |
|--------|----|----|--------------------------------------------------------------------------------------------------------------------------------|

|   | 4. | e. | Asset      Allocation Rider-S40741(7)      incorporated by reference as exhibitEX-99.B4.d. |
|--------|----|----|--------------------------------------------------------------------------------------------|

|   | 4. | f. | Lifetime      Plus Benefit Rider-S40742-02(11)      incorporated by reference as exhibitEX-99.B4.f. |
|--------|----|----|-----------------------------------------------------------------------------------------------------|

|   | 4. | g. | Lifetime      Plus II Benefit Rider-S40761-01(11)      incorporated by reference as exhibitEX-99.B4.g. |
|--------|----|----|--------------------------------------------------------------------------------------------------------|

|   | 4. | h. | Lifetime      Plus 10 Benefit Rider-S40795-02(11)      incorporated by reference as exhibitEX-99.B4.h. |
|--------|----|----|--------------------------------------------------------------------------------------------------------|

|   | 4. | i. | Waiver      of Withdrawal Charge Rider-S40749(7)      incorporated by reference as exhibitEX-99.B4.f. |
|--------|----|----|-------------------------------------------------------------------------------------------------------|

|   | 4. | j. | Quarterly      Value Death Benefit Rider-S40743(7)      incorporated by reference as exhibitEX-99.B4.g. |
|--------|----|----|---------------------------------------------------------------------------------------------------------|

|   | 4. | k. | Target      Date Retirement Rider-F40766(9)      incorporated by reference as exhibitEX-99.B4.j. |
|--------|----|----|--------------------------------------------------------------------------------------------------|

|   | 4. | l. | Target      Benefit Asset Allocation Rider(9)      incorporated by reference as exhibitEX-99.B4.k. |
|--------|----|----|----------------------------------------------------------------------------------------------------|

|   | 4. | m. | Inherited      IRA/Roth IRA Endorsement-S40713(6)      incorporated by reference as exhibitEX-99.B4.q. |
|--------|----|----|--------------------------------------------------------------------------------------------------------|

|   | 4. | n. | Roth      IRA Endorsement-S40342(6)      incorporated by reference as exhibitEX-99.B4.l. |
|--------|----|----|------------------------------------------------------------------------------------------|

|   | 4. | o. | IRA      Endorsement-S40014(3)      incorporated by reference as exhibitEX-99.B4.g. |
|--------|----|----|-------------------------------------------------------------------------------------|

|   | 4. | p. | Unisex      Endorsement-(S20146)(3)      incorporated by reference as exhibit  EX-99.B4.h. |
|--------|----|----|--------------------------------------------------------------------------------------------|

|   | 4. | q. | Pension      Plan and Profit Sharing Plan Endorsement-S20205(3)      incorporated by reference as exhibitEX-99.B4.i. |
|--------|----|----|----------------------------------------------------------------------------------------------------------------------|

|   | 4. | r. | 403(b)      Endorsement-S30072(4-99)(3)      incorporated by reference as exhibitEX-99.B4.k. |
|--------|----|----|----------------------------------------------------------------------------------------------|

|   | 5. | a. | Application      for Ind. Var. Annuity Contract-F70031-01(11)      incorporated by reference as exhibitEX-99.B5.a. |
|--------|----|----|--------------------------------------------------------------------------------------------------------------------|

|   | 6. | (i) | Copy      of Certificate of the Amendment of Charter of the Company dated October 5,      1988 and the Declaration of Intention and Charter dated August 26,      1996(5)      incorporated by reference as exhibit  EX-99.B6.(i). |
|--------|----|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 6. | (ii) | Copy      of the Restated Bylaws of the Company (as amended October 2, 1996)(5)      incorporated by reference as exhibit  EX-99.B6.(ii). |
|--------|----|------|-------------------------------------------------------------------------------------------------------------------------------------------|

|   | 7. | Not      Applicable |
|--------|----|---------------------|

----

|   | 8. | a. | 22c-2      Agreements(10)      incorporated by reference as exhibit  EX-99.B8.a. |
|--------|----|----|----------------------------------------------------------------------------------|

|   | 8. | b. | 22c-2      Agreement-BlackRock Distributors, Inc.(12)      incorporated by reference as exhibitEX-99.B8.b. |
|--------|----|----|------------------------------------------------------------------------------------------------------------|

|   | 8 | c. | Copy      of Participation Agreement between BlackRock Series Fund, Inc., BlackRock      Distributors, Inc., Allianz Life Insurance Co. of North America, and      Allianz Life Financial Services, LLC, dated May 1, 2008(12)      incorporated by reference as exhibitEX-99.B8.c. |
|--------|---|----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 8. | d. | Copy      of Adminstrative Services Agreement between BlackRock Advisors, LLC and      Allianz Life, dated May 1, 2008(12)      incorporated by reference as exhibitEX-99.B8.d. |
|--------|----|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 8. | e. | Copy      of Participation Agreement between Davis Variable Account Fund, Inc.,      Davis Distributors, LLC and Allianz Life Insurance Company of North      America, dated 11/1/1999(3)      incorporated by reference as exhibitEX-99.B8.e. |
|--------|----|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 8. | f. | Copy      of Amendment to Participation Agreement between Davis Variable Account      Fund, Inc., Davis Distributors, LLC and Allianz Life Insurance Company of      North America dated 5/1/08.(12)      incorporated by reference as exhibitEX-99.B8.f. |
|--------|----|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 8. | g. | Copy      of Administrative Services Agreement between Franklin Templeton Services      LLC and Allianz Life Insurance Company of North America, dated      10/1/2003(5)      incorporated by reference as exhibit  EX-99.B8.ac. |
|--------|----|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 8. | h | Copy      of Amendment to Administrative Services Agreement between Franklin      Templeton Services LLC and Allianz Life Insurance Company of North      America, dated 8/08/2008.(12)      incorporated by reference as exhibitEX-99.B8.h. |
|--------|----|---|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 8. | i. | Copy      of Participation Agreement between Franklin Templeton Variable Insurance      Products Trust, Franklin/Templeton Distributors, Inc., Allianz Life      Insurance Company of North America and USAllianz Investor Services, LLC      (the predecessor to Allianz Life Financial Services, LLC.), and dated      10/1/2003(4)      incorporated by reference as exhibitEX-99.B8.h. |
|--------|----|----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 8. | j. | Copy      of Amendment to Participation Agreement between Franklin Templeton      Variable Insurance Products Trust, Franklin/Templeton Distributors, Inc.,      Allianz Life Insurance Company of North America and USAllianz Investor      Services, LLC (the predecessor to Allianz Life Financial Services, LLC.),      dated 5/1/08.(12)      incorporated by reference as exhibitEX-99.B8.j. |
|--------|----|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 8. | k. | Copy      of Participation Agreement between Premier VIT, Allianz Life Insurance      Company of North America and Allianz Global Investors Distributors LLC,      dated 5/1/2006(6)      incorporated by reference as exhibit  EX-99.B8.ai. |
|--------|----|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 8. | l. | Copy      of Administrative Service Agreement between OpCap Advisors LLC and Allianz      Life Insurance Company of North America, dated 5/1/2006(6)      incorporated by reference as exhibit  EX-99.B8.aj. |
|--------|----|----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 8. | m. | Copy      of Amended and Restated Services Agreement between Pacific Investment      Management Company LLC and Allianz Life Insurance Company of North      America, dated 01/01/2007(8)      incorporated by reference as exhibitEX-99.B8.u. |
|--------|----|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 8. | n. | Copy      of Participation Agreement between Allianz Life Insurance Company of North      America, PIMCO Variable Insurance Trust, and PIMCO Funds Distributors LLC,      dated 12/1/1999(3)      incorporated by reference as exhibitEX-99.B8.i. |
|--------|----|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 8. | o. | Copy      of Amendments to Participation Agreement between Allianz Life Insurance      Company of North America, PIMCO Variable Insurance Trust, and PIMCO Funds      Distributors LLC, dated 4/1/00, 11/5/01, 5/1/02, 5/1/03, 4/30/04,      4/29/05(8)      incorporated by reference as exhibitEX-99.B8.w. |
|--------|----|----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 8. | p. | Copy      of Distribution Services Agreement between Allianz Life Insurance Company      of North America and Allianz Global Investors Distributors, LLC, dated      01/01/2007(8)      incorporated by reference as exhibitEX-99.B8.x. |
|--------|----|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 9. | Opinion      and Consent of Counsel** |
|--------|----|---------------------------------------|

| 10. | Consent      of Independent Registered Public Accounting  Firm** |
|-----|------------------------------------------------------------------|

| 11. | Not      Applicable |
|-----|---------------------|

| 12. | Not      Applicable |
|-----|---------------------|

| 13. | Power      of Attorney* |
|-----|-------------------------|

| * | Filed      herewith |
|---|---------------------|

| ** | To      be filed by amendment |
|----|-------------------------------|

----

| (1) | Incorporated      by reference from Registrant's Form N-4 (File Nos. 333-06709 and      811-05618) electronically filed on June 25,  1996. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------|

| (2) | Incorporated      by reference from Pre-Effective Amendment No.1 to Registrant's Form N-4      (File Nos. 333-06709 and 811-05618) electronically filed on December 13,      1996. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (3) | Incorporated      by reference from Pre-Effective Amendment No.1 to Registrant's Form N-4      (File Nos. 333-82329 and 811-05618) electronically filed on December 30,      1999. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (4) | Incorporated      by reference from Pre-Effective Amendment No.2 to Registrant's Form N-4      (File Nos. 333-120181 and 811-05618) electronically filed on March 30,      2005. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (5) | Incorporated      by reference from the initial Registration Statement to Registrant's Form      N-4 (File Nos. 333-134267 and 811-05618) electronically filed on May 19,      2006. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (6) | Incorporated      by reference from Pre-Effective Amendment No. 1 to Registrant's Form N-4      (File Nos. 333-134267 and 811-05618) electronically filed on September 25,      2006. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (7) | Incorporated      by reference from Pre-Effective Amendment No. 1 to Registrant's Form N-4      (File Nos. 333-139701 and 811-05618) electronically filed on April 9,      2007. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (8) | Incorporated      by reference from Post-Effective Amendment No. 18 to Registrant's Form N-4      (File Nos. 333-82329 and 811-05618) electronically filed on April 23,      2007. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (9) | Incorporated      by reference from Post-Effective Amendment No. 6 to Registrant's Form N-4      (File Nos. 333-139701 and 811-05618) electronically filed on December 28,      2007. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (10) | Incorporated      by reference from Post-Effective Amendment No. 20 to Registrant's Form N-4      (File Nos. 333-82329 and 811-05618) electronically filed on April 24,      2008. |
|------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (11) | Incorporated      by reference from Post-Effective Amendment No. 10 to Registrant's Form N-4      (File Nos. 333-139701 and 811-05618) electronically filed on July 17,      2008. |
|------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (12) | Incorporated      by reference from Post-Effective Amendment No. 14 to Registrant's Form N-4      (File Nos. 333-139701 and 811-05618) electronically filed on April 3,      2009. |
|------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Name      and Principal Business Address                                 | Positions      and Offices with Depositor                        |
|--------------------------------------------------------------------------|------------------------------------------------------------------|
| Gary      C. Bhojwani                                                    | Director,      President and Chief Executive Officer             |
| Giulio      Terzariol                                                    | Director,      Senior Vice President and Chief Financial Officer |
| Jay      RalphAllianz      SEKoeniginstr      2880802      MunichGermany | Director      and Chairman of the Board                          |
| Dr.      Helmut Perlet80802      MunchenGermany                          | Director      Allianz AG (Holding)                               |
| Dr.      Brigitte BovermannKoeniginstr      2880802      MunichGermany   | Director                                                         |

----

| (a) | Subject      to the conditions of this Article and any conditions or limitations      imposed by applicable law, the Corporation shall indemnify any employee,      director or officer of the Corporation (an "Indemnified Person") who was,      is, or in the sole opinion of the Corporation, may reasonably become a      party to or otherwise involved in any Proceeding by reason of the fact      that such Indemnified Person is orwas: |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (i) | a      director of the Corporation; or |
|--------|-----|----------------------------------------|

|   | (ii) | acting      in the course and scope of his or her duties as an officer or employee of      the Corporation; or |
|--------|------|----------------------------------------------------------------------------------------------------------------|

|   | (iii) | rendering      Professional Services at the request of and for the benefit of the      Corporation; or |
|--------|-------|--------------------------------------------------------------------------------------------------------|

|   | (iv) | serving      at the request of the Corporation as an officer, director, fiduciary or      member of another corporation, association, committee, partnership, joint      venture, trust, employee benefit plan or other enterprise (an "Outside      Organization"). |
|--------|------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (b) | Notwithstanding      the foregoing, no officer, director or employee shall be indemnified      pursuant to these bylaws under the following  circumstances: |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (i) | in      connection with a Proceeding initiated by such person, in his or her own      personal capacity, unless such initiation was authorized by the Board of      Directors; |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (ii) | if      a court of competent jurisdiction finally determines that any      indemnification hereunder isunlawful; |
|--------|------|------------------------------------------------------------------------------------------------------------------|

|   | (iii) | for      acts or omissions involving intentional misconduct or knowing and culpable      violation of law; |
|--------|-------|------------------------------------------------------------------------------------------------------------|

|   | (iv) | for      acts or omissions that the Indemnified Person believes to be contrary to      the best interests of the Corporation or its shareholders or that involve      the absence of good faith on the part of the Indemnified      Person; |
|--------|------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (v) | for      any transaction for which the Indemnified Person derived an improper      personal benefit; |
|--------|-----|------------------------------------------------------------------------------------------------------|

|   | (vi) | for      acts or omissions that show a reckless disregard for the Indemnified      Person's duty to the Corporation or its shareholders in circumstances in      which the Indemnified Person was aware or should have been aware, in the      ordinary course of performing the Indemnified Person's duties, of the risk      of serious injury to the Corporation or its  shareholders; |
|--------|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (vii) | for      acts or omissions that constitute an unexcused pattern of inattention that      amounts to an abdication of the Indemnified Person's duties to the      Corporation or its shareholders; |
|--------|-------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (viii) | in      circumstances where indemnification is prohibited by applicable      law; |
|--------|--------|-----------------------------------------------------------------------------------|

|   | (ix) | in      the case of service as an officer, director, fiduciary or member of an      Outside Organization, where the Indemnified Person was aware or should      have been aware that the conduct in question was outside the scope of the      assignment as contemplated by theCorporation. |
|--------|------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (a) | Indemnification      provided pursuant to Section 1(a)(iv) shall be secondary and subordinate      to indemnification or insurance provided to an Indemnified Person by an      Outside Organization or other source, ifany. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (b) | Indemnification      shall apply to all reasonable expenses, liability and losses, actually      incurred or suffered by an Indemnified Person in connection with a      Proceeding, including without limitation, attorneys' fees and any expenses      of establishing a right to indemnification or advancement under this      article, judgments, fines, ERISA excise taxes or penalties, amounts paid      or to be paid in settlement and all interest, assessments and other      charges paid or payable in connection with or in respect of such expense,      liability and loss. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (c) | Such      indemnification shall continue as to any Indemnified Person who has ceased      to be an employee, director or officer of the Corporation and shall inure      to the benefit of his or her heirs, estate, executors and      administrators. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| (a) | "Corporation"      for the purpose of Article XI shall mean Allianz Life Insurance Company of      North America and all of itssubsidiaries. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------|

| (b) | "Proceeding"      shall mean any threatened, pending, or completed action, suit or      proceeding whether civil, criminal, administrative, investigative or      otherwise, including actions by or in the right of the Corporation to      procure a judgment in its favor. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (c) | "Professional      Services" shall mean services rendered pursuant to (i) a professional      actuarial designation, (ii) a license to engage in the practice of law      issued by a State Bar Institution or (iii) a Certified Public Accountant      designation issued by the American Institute of Certified Public      Accountants. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| a. | Allianz      Life Financial Services, LLC (previously USAllianz Investor Services, LLC)      is the principal underwriter for the Contracts. It also is the principal      underwriter for: |
|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| b. | The      following are the officers (managers) and directors (Board of Governors)      of Allianz Life Financial Services, LLC. All officers and directors have      the following principal businessaddress: |
|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Name                   | Positions      and Offices with Underwriter          |
|------------------------|------------------------------------------------------|
| Robert      DeChellis  | Chief      Executive Officer, President and Governor |
| Thomas      Burns      | Governor                                             |
| Angela      Forsman    | Chief      Financial Officer and Vice President      |
| Jeffrey      W. Kletti | Senior      Vice President                           |
| Kristine      Klitzke  | Chief      Compliance Officer                        |
| Stewart      D. Gregg  | Vice      President and Secretary                    |
| Bernt      vonOhlen    | Assistant      Secretary                             |

|   | c. |
|--------|----|

|  Name of Principal      Underwriter  | Net      Underwriting Discounts and Commissions | Compensation      on Redemption | Brokerage      Commissions | Compensation |
|-------------------------------------------|-------------------------------------------------|---------------------------------|----------------------------|--------------|
| Allianz      Life Financial Services, LLC | $                                               | $0                              | $0                         | $0           |

----

| a. | Registrant      hereby undertakes to file a post-effective amendment to this registration      statement as frequently as is necessary to ensure that the audited      financial statements in the registration statement are never more than      sixteen (16) months old for so long as payment under the variable annuity      contracts may be accepted. |
|----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| b. | Registrant      hereby undertakes to include either (1) as part of any application to      purchase a contract offered by the prospectus, a space that an applicant      can check to request a Statement of Additional Information, or (2) a      postcard or similar written communication affixed to or included in the      prospectus that the applicant can remove to send for a Statement of      Additional Information. |
|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| c. | Registrant      hereby undertakes to deliver any Statement of Additional Information and      any financial statements required to be made available under this Form      promptly upon written or oralrequest. |
|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 1. | Include      appropriate disclosure regarding the redemption restrictions imposed by      Section 403(b)(11) in each registration statement, including the      prospectus, used in connection with the offer of the    contract; |
|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2. | Include      appropriate disclosure regarding the redemption restrictions imposed by      Section 403(b)(11) in any sales literature used in connection with the      offer of the contract; |
|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3. | Instruct      sales representatives who solicit participants to purchase the contract      specifically to bring the redemption restrictions imposed by Section      403(b)(11) to the attention of the potential  participants; |
|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4. | Obtain      from each plan participant who purchases a Section 403(b) annuity      contract, prior to or at the time of such purchase, a signed statement      acknowledging the participant's understanding of (1) the restrictions on      redemption imposed by Section 403(b)(11), and (2) other investment      alternatives available under the employer's Section 403(b) arrangement to      which the participant may elect to transfer his contract      value. |
|----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| Signature                                       | Title                                                                |
|-------------------------------------------------|----------------------------------------------------------------------|
| Gary      C. Bhojwani*Gary      C. Bhojwani     | Director,      President & Chief Executive Officer               |
| Giulio      Terzariol*Giulio      Terzariol     | Director,      Vice President, Chief Financial Officer and Treasurer |
| Peter      Huehne*Peter      Huehne             | Director                                                             |
| Charles      Kavitsky*Charles      Kavitsky     | Director                                                             |
| Brigitte      Bovermann*Brigitte      Bovermann | Director                                                             |

|   | *By      Power of Attorney filed as Exhibit 13 to this Registration      Statement |
|--------|------------------------------------------------------------------------------------|

----

----