Exhibit 4(a)



 EXHIBIT 4(a) 
 FORM OF POLICY 








			
	 




	  	 Home Office located at:
 440 Mamaroneck Avenue, Harrison, New York 10528 Adm. Office located at:

		  	 4333 Edgewood Road N.E. Cedar Rapids, Iowa 52499
 (319)355-8511

		  	www.transamericaannuities.com

 READ YOUR POLICY CAREFULLY 
 This policy is a legal contract between the Owner and Transamerica Financial Life Insurance Company issued in consideration of the payment of an initial premium. This annuity policy is delivered in, and
is governed by the laws of, the State of New York. 
 Amounts withdrawn or Surrendered may be subject to surrender charges. This policy
includes provisions which may waive surrender charges under certain circumstances. The value held in the Separate Account may increase or decrease in value. Policy Value and benefits based on Separate Account assets are not guaranteed and will
decrease and increase with investment experience. 
 We agree to provide annuity payments, to pay withdrawal benefits, and to pay Surrender
benefits or death proceeds in accordance with this policy, as applicable. 
 This policy permits the accumulation of funds on a tax-deferred
basis and provides a periodic annuity payment for the life of the Annuitant or for a certain period of time, or a combination of both. Payments start on the Annuity Commencement Date. 
 The smallest annual rate of investment return that would have to be earned on the assets of the Separate Account so that the dollar amount of variable Annuity Payments will not decrease is 4.25%

 Prior to the Annuity Commencement Date, a daily charge, corresponding to an annual charge of no more than 2.50% for the death benefit option,
is applied by the Company to the assets of the Separate Account. The corresponding annual charge after the Annuity Commencement Date is no more than 2.50% regardless of the death benefit option elected prior to the Annuity Commencement Date.

 RIGHT TO CANCEL 
 You may cancel this policy by delivering or mailing a written notice in Good Order to us or Your registered representative. You must return the policy to us before close of business on the 10th day after
the day You receive it. Notice given by mail and return of the policy by mail are effective on being postmarked, properly addressed and postage prepaid. We will return the Fixed Account premium and the Policy Value of the Separate Account, including
any fees and charges, within 10 days after we receive notice of cancellation and the returned policy. 
 If this policy is a replacement of
another annuity or life insurance policy, the Right to Cancel period is extended to 60 days. 
 Signed for us at our home office.

  

							
		 	



	  	



	  	
		 	SECRETARY	  	PRESIDENT	  	

 Flexible Premium Deferred Variable Annuity 

Income Payable At Annuity Commencement Date 
 Benefits Based On The Performance Of The Separate Account Are Variable 

And Are Not Guaranteed As To Dollar Amount And Will Increase Or Decrease In Value Based Upon Investment 

Experience (See Sections 7 and 10) 
 Non-Participating 
 THE FIXED ACCOUNT OPTION AND THE DOLLAR COST AVERAGING
FIXED ACCOUNT OPTION MAY 
 NOT BE AVAILABLE ON THE ISSUE DATE. PLEASE CHECK SECTION 2—DATA PAGE TO DETERMINE

 WHETHER THE ACCOUNTS ARE AVAILABLE. AFTER THE POLICY DATE WE RESERVE THE RIGHT TO 

(I) REFUSE PREMIUM PAYMENTS TO THE FIXED ACCOUNT, AND (II) PROHIBIT TRANSFERS TO THE 

FIXED ACCOUNT 

  

			
	NIC12 VA0513(NY)	  	Page 1









 TABLE OF CONTENTS 

 

			
	Definitions	  	3
		
	Policy Data Pages	  	5
		
	General Provisions	  	6
		
	Premium Payments	  	9
		
	Cash Value and Withdrawals	  	10
		
	Policy Value	  	12
		
	Separate Account	  	12
		
	Transfers	  	14
		
	Death Proceeds	  	16
		
	Income Options	  	18
		
	Fixed Account	  	21
		
	Income Option Tables	  	22


  

			
	NIC12 VA0513(NY)	  	Page 2









 SECTION 1 – DEFINITIONS 
 Annuitant—The person on whose life any annuity payments involving life contingencies will be based. 
 Annuity Commencement Date—The date an income option has been selected, all necessary paperwork is in Good Order, and the Company has issued a supplementary contract. In no event can this date
be earlier than the first Policy Anniversary, or later than the last day of the month following the month in which the Annuitant attains age 99. You may elect an Annuity Commencement Date at any time by giving the Company 30 days written notice. If
You do not elect an Annuity Commencement Date prior to the last available Annuity Commencement Date, annuity payments will begin as outlined in Section 10. 
 Cash Value—The amount as defined in Section 5 that is available for Surrender. 

Commissioner—The primary Insurance Regulator for the State in which this policy has been issued. 

Custodial Care—Care designed primarily to help a person with the activities of daily living which does not require continuous attention of
trained medical or paramedical personnel. 
 DCA Source Account—The Money Market Subaccount and/or other Subaccount(s) as identified
by the Company and the DCA Fixed Account Option, if offered, which are permitted to be used in conjunction with Dollar Cost Averaging. 

Decedent—The deceased Annuitant or Owner. 
 Earnings—An amount equal to the Policy Value at the time a withdrawal or Surrender is made, minus the sum of all Premium Payments, reduced by all prior withdrawals deemed to have been from
premium, if any. 
 Fixed Account Guaranteed Minimum Effective Annual Interest Rate—If the Fixed Account is offered, the minimum
guaranteed credited rate used to determine the Fixed Account portion of Your Policy Value prior to the Annuity Commencement Date. This rate will apply for the life of the policy and is shown in Section 2—Policy Data. 

Good Order—The receipt by the Company, at our Administrative Office, of all information, documentation, instructions and/or Premium Payment
deemed necessary by the Company, in its sole discretion, to issue the policy or execute any transaction pursuant to the terms of the policy. 

Guaranteed Period Option or GPO—An Investment Option offered within the Fixed Account which credits a guaranteed interest rate for a
specified period of time. 
 Hospital—An institution which: 

 

	 	1.	Is operated pursuant to the laws of the jurisdiction in which it is located; 


 

	 	2.	Operates primarily for the care and treatment of sick and injured persons on an inpatient basis; 


 

	 	3.	Provides 24-hour nursing service by or under the supervision of registered graduate nurses; 


 

	 	4.	Is supervised by a staff of one or more licensed Physicians; and 

  

	 	5.	Has medical, surgical and diagnostic facilities or access to such facilities. 

 Investment Options—Any of the Subaccounts of the Separate Account and any of the options of the Fixed Account, if offered. 
 Market Day—Any day and for so long as the New York Stock Exchange is open for business. 

  

			
	NIC12 VA0513(NY)	  	Page 3









 Nursing Care—Care prescribed by a Physician and performed or supervised by a registered graduate
nurse. Such care includes nursing and rehabilitation services available 24 hours a day. 
 Nursing Facility—A facility which:

  

	 	1.	Is operated under the laws of the jurisdiction in which it is located; 

  

	 	2.	Provides Nursing Care or Custodial Care; 

  

	 	3.	Primarily provides Nursing Care under the direction of a licensed Physician, registered graduate nurse, or licensed vocational nurse, except when receiving Custodial
Care; and 

  

	 	4.	Is not other than incidentally a Hospital, a retirement home, a rest home, a community living center or a place mainly for the treatment of alcoholism, mental illness
or drug abuse. 

 Owner—The person who may exercise all rights and privileges under the policy. 

Physician—A Doctor of Medicine or Doctor of Osteopathy who is licensed as such and operating within the scope of such license. 

Policy Anniversary—The anniversary of the Policy Date for each year the policy remains in force. If a certain date does not exist in a given
month, the first day of the following month will be used. 
 Policy Date—The date, shown in Section 2—Policy Data, on
which this policy becomes effective. 
 Policy Value—The amount described in Section 6, which represents the value of Your
Investment Options. 
 Policy Year—The 12-month period following the Policy Date shown in Section 2—Policy Data. The first
Policy Year starts on the Policy Date. Each subsequent Policy Year starts on the anniversary of the Policy Date. 
 Premium
Payment—An amount paid to us by or on behalf of an Owner, as consideration for the benefits provided under this policy. 
 Separate
Account—The separate investment account(s) established by us, under the Investment Company Act of 1940, as amended (the “1940 Act”), to which Premium Payments under the policy may be allocated. 

Subaccount—A division within the Separate Account, the assets of which are invested in a specified underlying fund portfolio. 

Surrender—A full withdrawal of Cash Value and termination of this policy. 
 Terminal Condition—A condition resulting from an accident or illness which, as determined by a Physician, has reduced life expectancy to not more than 12 months, despite appropriate medical
care. 
 Valuation Period—The period of time from one determination of the value of each Subaccount to the next. Such determinations
are made when the values of the assets and liabilities of each Subaccount are calculated. This is generally the close of business on each Market Day. 
 You, Your—The Owner of this policy. Unless otherwise specified, the Annuitant and the Owner shall be the same person. If a joint Owner is named, reference to “You” or
“Your” in this policy will apply to both the Owner and any joint Owner. If the Owner is a trust and the trust allows any person(s) other than the trustee to exercise ownership rights under the policy, then such person(s) must be named as
the Annuitant, as applicable. The Owner, while living, controls all rights and benefits under the policy. 

  

			
	NIC12 VA0513(NY)	  	Page 4









 SECTION 3 – GENERAL PROVISIONS 

The Contract 
 The entire contract
consists of this policy, the Policy Data page, endorsements or riders, if any, and the application signed by You, a copy of which is attached hereto. If any portion of this policy or rider attached hereto shall be found to be invalid, unenforceable
or illegal, the remainder shall not in any way be affected or impaired thereby, but shall have the same force and effect as if the invalid, unenforceable or illegal portion had not been inserted. All statements in the application made by or under
the authority of the applicant are representations and not warranties. Nothing is incorporated by reference, unless a copy is endorsed upon or attached to the policy. Nothing in the policy or any attached endorsements or riders thereto invalidates
or impairs any right granted to the Owner by New York law or this policy. 
 Modification of Policy 

No change in this policy is valid unless made in writing by us and approved by one of our authorized officers.  

Tax Qualification and Change of Law 

This policy is intended to qualify as an annuity contract for federal income tax purposes. The provisions of this policy are to be interpreted to maintain
such qualification, notwithstanding any other provisions to the contrary. To maintain such tax qualification, we reserve the right to amend this policy, retroactively or prospectively, to reflect any amendment or clarifications that may be needed or
are appropriate to maintain such tax qualification or to conform this policy to any applicable changes in the tax qualification requirements. Any such amendment will be filed with and approved by the Department of Financial Services prior to use. We
will send You a copy in the event of any such amendment. If You refuse such an amendment, You must provide written notice to us, and Your refusal may result in adverse tax consequences. We reserve the right to amend this policy or riders attached
to, as nesessary to comply with specific direction provided by our state or federal regulators, through change of law, rule, regulation, bulletin, regulatory directives or agreements. If any change deminishes Your rights or benefits under this
policy, Your written consent is required. 
 Non-Participating 
 This policy will not share in our profits. 
 Age or Sex Corrections 

We may require proof of the Annuitant’s or Owner’s age and/or sex before any payments associated with the death benefit or any rider(s) attached
to this policy are made. If the age and/or sex of the Annuitant or Owner is incorrectly stated, we will base any such payment associated with the death benefit and/or rider benefit proceeds on the Annuitant’s or Owner’s correct age and/or
sex. If required by law to ignore differences in the sex of the Annuitant, the annuity payments will be determined using the unisex factors in Section 12. 
 We may require proof of the Annuitant’s age and/or sex before starting annuity payments. If the age and/or sex (or both) of the Annuitant is incorrectly stated, we will correct the amount payable
based upon the Annuitant’s correct age and/or sex, if applicable. Any underpayment made by us will be paid with the next payment. Any overpayment by us will be deducted from future payments. Any underpayment or overpayment will include annual
interest at a rate of 1% per year, from the date of the underpayment or overpayment to the date of the adjustment. 
 Incontestability

 This policy shall be incontestable from the Policy Date. 
 Involuntary Cashout 
 If, at anytime, Your Policy Value is below $2,000, and there have been
no Premium Payments made to the policy within the last three Policy Years, we reserve the right to pay the full Policy Value and terminate the policy. 

  

			
	NIC12 VA0513(NY)	  	Page 6









 SECTION 2 – POLICY DATA 

Policy Information 
  

			
	 Policy Number:
	  	12345
		
	 Policy Date:
	  	May 1, 2013
		
	 Income Tax Status of the Policy:
	  	Non-Qualified
		
	 Initial Premium Payment:
	  	$5,000.00
		
	 Last Available Annuity

Commencement Date:
	  	May 31, 2077
		
	 Death Benefit Option:
	  	Policy Value

 Annuitant(s) Information 

 

			
	 Annuitant(s):
	  	John Doe
		
	 Primary Annuitant’s Issue Age/Sex:
	  	35 / Male

 Owner(s) Information 

 

			
	 Owner(s):
	  	John Doe
		
	 Primary Owner’s Issue Age/Sex:
	  	35 / Male

 Rate Information for Fixed Account, if offered 

 

			
	 Fixed Account Guaranteed Minimum
 Effective Annual Interest Rate:*
	  	 1.00%       -THE COMPANY IS NOT CURRENTLY OFFERING A FIXED ACCOUNT
OPTION.


  

	*	This rate applies for the life of the policy. 


After the Policy Date, we reserve the right to (I) refuse Premium Payments to the Fixed Account and (II) prohibit transfers to the Fixed Account.

 The credited interest rate for the Dollar Cost Averaging Fixed Account will never be less than the Fixed Account Guaranteed Minimum Annual
Interest Rate shown above. 

  

			
	NIC12 PDB0513(NY)(REV)	  	Page 5(a)









 SECTION 2 – POLICY DATA (continued) 

Minimum Premium Payments 
  

			
	 Minimum Initial Premium

Payment:
	  	 Non-Qualified-$5,000

Qualified-$1,000

		
	 Minimum Subsequent Premium
 Payment:
	  	 $50  


 Maximum Premium Payments (without prior Company Approval) 

 

					
	 	  	 Issue Age 0-80*
	  	 Issue Age 81+*

	 Total during the 1st Policy

Year:
	  	$l,000,000	  	$500,000
			
	 Total during each Policy Year

After 1st Policy Anniversary:
	  	 Non-qualified - $25,000

Qualified - Lesser of $60,000 or IRS

Contribution limit
	  	 Non-qualified -$25,000

Qualified - Lesser of $60,000 or IRS

Contribution limit

			
	 Cumulative Maximum Premiums-

Life of Policy:
	  	$1,000,000	  	$500,000
	
	 *       Issue Age is the greater of the Owner(s)’ or Annuitant(s)’
age.


 Mortality and Expense Risk Fee and Administrative Charge 

 

			
		
	 Before the Annuity

Commencement Date:
	  	1.15%
		
	 After the Annuity

Commencement Date:
	  	l.25%

 Withdrawal/Surrender Charges 

 

																	
	 Number of Years

Since Premium

Payment Date:
	  	Less
than 1	 	1	 	2	 	3	 	4	 	5	 	6	 	7 or more
									
	 Charge (% of

Premium Withdrawn

or Surrendered):
	  	8%	 	8%	 	7%	 	6%	 	5%	 	4%	 	3%	 	0%

 The amount paid on Surrender will never be less than the Cash Value described in Section 5. 

  

			
	NIC12 PDB0513(NY)(REV)	  	Page 5(b)









 SECTION 2 – POLICY DATA (continued) 

Service Charge 
  

			
	 Service Charge at the Time of Issue:
	  	$35
		
	 Maximum Annual Service Charge:
	  	$50

 The Company may waive some or all of Your service charge each year based on Your Policy Value, Premium Payments made or
active participation in specific online or e-delivery service programs at the time a service charge is assessed. 
 1. If Your Policy Value or
sum of Premium Payments minus all withdrawals equals or exceeds: 
 $50,000 = up to a $35 fee waiver 

$250,000 = up to a $50 fee waiver 
 2. Enrollment in specific online or e-delivery service programs may result in up to a $15 fee waiver. 
 Transfer Minimums and Charges Before the Annuity Commencement Date 
  

			
	 Transfers Allowed Without

Charges in any One Policy Year:
	  	12
		
	 Charges After Allowable

Transfers in any One Policy Year:
	  	$10
		
	 Minimum Transfer

Amount from a Subaccount:
	  	$500 or the entire Subaccount Policy Value, if less
		
	 Minimum Transfer

Amount from a GPO:
	  	$50
	
	Dollar Cost Averaging (DCA)
	 DCA Source Account

Minimum:
	  	$3,000
		
	 Minimum Amount

of each Transfer:
	  	$500
		
	 Minimum Time

DCA can be Scheduled:
	  	6 months
		
	 Maximum Time

DCA can be Scheduled:
	  	24 months


  

			
	NIC12 PDB0513(NY)(REV)	  	Page 5(c)









 Evidence of Survival 
 We have the right to require resasonable and satisfactory evidence that a person is alive if a payment is based on that person being alive. 
 Rights of Owner 
 The Owner may, while the Annuitant is living: 

 

	 	a.	Assign this policy; 

  

	 	b.	Surrender the policy to us; 

  

	 	c.	Amend or modify the policy with our consent; 

  

	 	d.	Receive annuity payments or name a payee to receive the payments; and 

  

	 	e.	Exercise, receive and enjoy every other right and benefit contained in the policy. 

 The use of these rights may be subject to the consent of any assignee or irrevocable beneficiary, and of the spouse in a community or marital property state. Unless we have been notified of a community or
marital property interest in this policy, we will rely on our good faith belief that no such interest exists and will assume no responsibility for inquiry. 
 Change of Ownership 
 In the case of a non-tax-qualified annuity, You can change the Owner
of this policy from Yourself to a new Owner. You must send written notification, to our Administrative Office, which contains all necessary information to make the change. Any Owner change made, unless otherwise specified by the Owner, shall take
effect on the date the notification is signed by the Owner, when received in Good Order, subject to any payments made or actions taken by us prior to receipt of the notification. No change will apply to any payment we made before the written notice
was received. 
 We may require that the change be endorsed in the policy. Changing the Owner does not change the beneficiary or the Annuitant.
A change of Ownership may result in adverse tax consequences. A change in Ownership due to death is outlined further in Section 9. 

Assignment 
 In the case of a
non-tax-qualified annuity, this policy may be assigned. You must send written notification, to our Administrative Office, which contains all necessary information to make the change. Any assignment made, unless otherwise specified by the Owner,
shall take effect on the date the notification is signed by the Owner, when received in Good Order, subject to any payments made or actions taken by us prior to receipt of the notification. 
 We assume no responsibility for the validity of any assignment. Any claim made under an assignment shall be subject to proof of interest and the extent of the assignment. Assignment does not change the
benefit or amount of the policy. 
 This policy may be applied for and issued to qualify as a tax-qualified annuity under certain sections of
the Internal Revenue Code (IRC). Ownership of this policy is then restricted so it will comply with provisions of the IRC. 
 Assignment of this
policy may result in adverse tax consequences. 
 Beneficiary 
 Amounts payable upon death in accordance with Section 9, may be payable to the designated beneficiary or beneficiaries. Such beneficiary(ies) must be named and may be changed without beneficiary
consent (unless irrevocably designated or required by law) by notifying us in writing, on a form acceptable to us. Unless otherwise specified by You, the change will take effect upon the date You sign it, whether or not You are living when we
receive it, subject to any payments made or actions taken by the Company prior to receipt of this notice. The notice must have been postmarked (or show other evidence of delivery that is acceptable to us) on or before the Decedent’s date of
death. Your most recent beneficiary change notice will replace any prior beneficiary designations. No change will apply to any payment we made before the written notice was received by us. If an irrevocable beneficiary dies, You may designate a new
beneficiary. 
 You may elect the method of payment for each named beneficiary, subject to our then current rules, prior to the date of death of
the Decedent. When no such election is made as to a specific beneficiary, such beneficiary must elect the method of payment within 60 days of the date we receive all required documentation, in Good Order, to pay the amount payable to that
beneficiary. 

  

			
	NIC12 VA0513(NY)	  	Page 7









 If there is more than one beneficiary at any level (primary or contingent), and You failed to specify their
interest, they will share equally. 
  

	 	a.	General Distribution Rules 


Unless You have provided other specific instructions to us, amounts payable upon death will be paid in accordance with Section 9 and
as outlined below: 
  

	 	1.	If a primary beneficiary is alive at the time of Decedent’s death, and there is no surviving Owner, payment will be made to the primary beneficiary;


  

	 	2.	If a primary beneficiary dies before the Decedent and there are additional living primary beneficiaries, the deceased primary beneficiary’s interest will be shared
proportionately with all living primary beneficiaries; 

  

	 	3.	When all primary beneficiaries die before the Decedent’s death, payment will be made to the living contingent beneficiary(ies), if any;


  

	 	4.	If a contingent beneficiary dies before the Decedent and there are additional living contingent beneficiaries, the deceased contingent beneficiary’s interest will
be shared proportionately with all living contingent beneficiaries; 

  

	 	5.	In the event no primary or contingent beneficiaries have been named and/or all have died before the Decedent, the Owner’s estate will become the beneficiary;


  

	 	6.	If a primary or contingent beneficiary dies after the Decedent’s death, but prior to death proceeds being payable to the beneficiary, payment will be made to the
beneficiary’s estate. 

  

	 	b.	Other Specific Instructions 

 You may provide specific instructions to the Company which direct that upon the death of a beneficiary, that their interest pass to a specific contingent beneficiary(ies) or per stirpes. 

 

	 	1.	Per Stirpes: If You provide instructions that a specific primary or contingent beneficiary’s share be passed per stirpes, we will pay that beneficiary’s share
to their identifiable lineal descendants who are living at the time of Decedent’s death. 

  

	 	2.	Specific Contingent: If You provide instructions that a specific primary or contingent beneficiary’s share be passed to a specified contingent beneficiary(ies), we
will pay that specific beneficiary’s share to those identifiable specific contingent beneficiaries who are living (or in existence) at the time of Decedent’s death. 


A deceased beneficiary share will be distributed as outlined under General Distributions Rules above. 

Protection of Proceeds 
 Unless You so
direct by filing written notice with us, no beneficiary may assign any payments under this policy before the same are due. To the extent permitted by law, no payments under this policy will be subject to the claims of creditors of any beneficiary.

 Deferment 
 Payment of any
amount due from the Separate Account for a Surrender, withdrawal or death proceeds will generally occur within seven days from the date we receive in Good Order all required information. We may defer payments or transfers from the Separate Account
if: 
  

	 	a.	The New York Stock Exchange is closed other than for usual weekends or holidays or trading on the Exchange is otherwise restricted; 


 

	 	b.	An emergency exists as defined by the Securities and Exchange Commission (SEC) or the SEC requires that trading be restricted; or 


 

	 	c.	The SEC permits a delay for the protection of Owners. 

 We may defer payment of any transfers, withdrawals or Surrender proceeds from the Fixed Account, if offered, for up to 6 months from the date we receive Your request. If the Owner or Annuitant dies after
the request is received, but before the request is processed, the request will be processed before the death proceeds are determined. Interest will be paid on any amount deferred for 10 days or more. We will pay interest on that amount from the date
of receipt to the date of payment, at a current interest rate determined by the Company’s Board of Directors. 
 If we delay payment of any
transactions as noted above, we will disclose to You the specified date on which the above transactions will be effective and the reason for the delay. 

  

			
	NIC12 VA0513(NY)	  	Page 8









 Reports to Owner 
 We will give You a report at least once each Policy Year, and may provide it more often. This report will show the start date and end date for the current period and include the following information:

  

	 	a.	The amounts credited or debited to the Policy Value during the current report period; 


 

	 	b.	The Policy Value at start and end date of the current report period; 

  

	 	c.	The number and value of the accumulation units held in each Separate Account; 


 

	 	d.	The Cash Value at start and end date of the current report period; 

  

	 	e.	The death benefit at the end of the current report period; 

  

	 	f.	The dollar amount in the Fixed Account, if any. 


A report as described above will be mailed to Your last known address as shown in our records. The information provided will be as of a date not more
than four months prior to the date of the mailing. We will provide copies of the report available to You upon request at no additional cost. 
 SECTION 4 – PREMIUM PAYMENTS 
 Payment of Premiums 

Premium Payments may be made any time while this policy is in force and prior to the Annuity Commencement Date, subject to the minimums and maximums as
specified in Section 2–Policy Data. We may prohibit Premium Payments and/or transfers to the Fixed Account options described in Section 11 if the yield on investments at such time is not sufficient to support the statutory minimum
interest rate guarantee and other company expenses. We will provide 30 days advance written notice of this decision. We will also provide timely written notification to You once any such prohibition of premiums to the Fixed Account is no longer in
effect. 
 Premium Payment Date 

The Premium Payment date is the date the Premium Payment is credited to the policy. The initial Premium Payment will be credited to the policy within two
Market Days after the Market Day we receive it and Your complete policy information in Good Order. Subsequent Premium Payments will be credited to the policy as of the Market Day the Premium Payment and required information are received in Good
Order. 
 Allocation of Premium Payments 
 Premium Payments may be applied to various Investment Options, which we make available. For each Premium Payment, You must indicate what percentage to allocate to various Investment Options. For
additional Premium Payments, allocations will be what is currently indicated by You. Each percentage may be either zero or any whole number; however, the allocation among all Investment Options must total 100%. 

Change of Allocation 
 You may change
allocations for additional Premium Payments by providing us instructions. The allocation change will apply to Premium Payments received on or after the date we receive the allocation change in Good Order. We will allocate subsequent Premium Payments
the same way, unless You request a different allocation. 
 Premium Taxes 
 The insurance laws of the State of New York as of 2012 do not allow the imposition of premium taxes on annuity considerations. Therefore, wherever reference is made in this annuity policy to the deduction
of premium taxes, such deductions will not be made while the Owner is a resident of the State of New York, unless subsequent changes in New York’s insurance laws provide otherwise. The amount of any applicable premium tax imposed on amounts
relating to this annuity policy may be deducted from this annuity policy. For purposes of this annuity policy, premium taxes include retaliatory taxes or similar taxes. 

  

			
	NIC12 VA0513(NY)	  	Page 9









 SECTION 5 – CASH VALUE AND WITHDRAWALS 

A. Cash Value 
 On or before the Annuity
Commencement Date, You may make withdrawals or Surrender the Cash Value. The Cash Value is equal to the Policy Value less any surrender charges. Information on the current amount of Your Cash Value is available upon request. We must receive Your
withdrawal or Surrender request, in Good Order, before the Annuity Commencement Date. 
 There is no Cash Value once an income option has been
selected, all necessary instructions are received in Good Order, and the Company has issued a supplementary contract. 
 B. Withdrawals and
Surrenders 
 You may, on or before the Annuity Commencement Date, withdraw all (Surrender) or a portion (withdrawal) of the amount available
under this policy, provided we receive Your request, in Good Order, while this policy is in effect and before the Annuity Commencement Date. The minimum withdrawal is $500, with the exception of systematic payouts and required minimum distributions.

 You may specify that the withdrawal be taken from one or more specific Investment Options or pro rata from all Investment Options. If You do
not specify the Investment Option from which the withdrawal is to be made, the withdrawal will be taken pro rata from all Investment Options relative to the value in each Investment Option. 
 Withdrawals will reduce the amount of the death proceeds. Withdrawals and Surrenders will normally be effective as of the end of the Market Day the request is received in Good Order. 

The gross withdrawal is the total amount which will be deducted from Your Policy Value as a result of each withdrawal. The gross withdrawal may be more
than Your requested withdrawal amount, depending on whether surrender charges apply at the time of the withdrawal. 
 The gross withdrawal = R +
SC, where: 
 “R” Is the requested withdrawal; 
 “SC” Is the surrender charge on the excess withdrawal amount. 
 The excess withdrawal
amount is the portion of the requested withdrawal or Surrender that is subject to surrender charges (that is, the portion which is in excess of the surrender charge-free portion). For example, if the requested withdrawal or Surrender amount is
$1,000, and the surrender charge-free amount is $200, then the excess withdrawal would be $800. 
 Excess withdrawals will reduce the Policy
Value by an amount equal to X + Z; where: 
 “X” Is the excess withdrawal; and 

“Z” Is surrender charge on X. 
 Each withdrawal or Surrender consists of a portion which may be subject to a surrender charge (that is, the excess withdrawal) and a remaining portion that is free from surrender charge (that is, the
surrender charge-free amount). Either portion may be zero (0) depending on the withdrawal or Surrender requested and prior amounts withdrawn. 
 Systematic Payout Option 
 A Systematic Payout Option (SPO) is a series of pre-scheduled
withdrawals. Beginning in the first Policy Year, a SPO is available on a monthly, quarterly, semi-annual or annual basis. At the time a SPO is made, each such payout must be at least $50. Monthly and quarterly SPO’s must be sent through
electronic funds transfer directly to a checking, savings or other similar financial account. You may stop SPO payouts at any time with a 30 day written notice sent to our Administrative Office. 

  

			
	NIC12 VA0513(NY)	  	Page 10









 Surrender Charge-Free Amount 
 Each Policy Year, You may withdraw or Surrender a portion of Your Policy Value free from any surrender charge. The surrender charge-free amount each Policy Year is equal to 10% of the total Premium
Payments, less the total surrender charge-free amount or Earnings previously withdrawn in the same Policy Year. Any unused portion of Your surrender charge-free amount cannot be carried forward to subsequent Policy Years. 

A surrender charge will not be assessed against Earnings withdrawn from Your policy. Withdrawals of Your Earnings will reduce Your annual surrender
charge-free amount on a dollar for dollar basis. 
 Amounts withdrawn under one of the options below may reduce the amount available free of
surrender charges under another option. Surrender charges may be waived as described below. 
 Required Minimum Distribution 

For tax-qualified plans and policies, withdrawals taken to satisfy required minimum distribution requirements under Section 401(a)(9) of the Internal
Revenue Code (IRC) are available with no surrender charges. The amount available from this policy with respect to the required minimum distribution is based solely on this policy. 
 Any amount requested in excess of the IRC required minimum distribution will have the appropriate surrender charges applied, unless the excess distribution qualifies as surrender charge-free under any
additional options provided. 
 Nursing Care and Terminal Condition Waiver 
 This benefit is not intended to provide long-term care or nursing home insurance. 
 Beginning in
the first Policy Year, You may elect to Surrender or withdraw a portion of the Policy Value without surrender charges if the Owner or Owner’s spouse (Annuitant or Annuitant’s spouse, if the Owner is a non-natural person) has been:

  

	 	1.	Confined in a Hospital or Nursing Facility for 30 consecutive days; or 

  

	 	2.	Diagnosed as having a Terminal Condition. 

 The
minimum withdrawal under this waiver is $1,000. This option is available even during Policy Years other withdrawal options were exercised prior to Nursing Care. 
 For a waiver of confinement in a Hospital or Nursing Facility, we must receive each withdrawal request (and proof of eligibility with each request) no later then 90 days following the date that
confinement has ceased, unless it can be shown that it was not reasonably possible to provide the notice and proof within the above time period and that the notice and proof were given as soon as reasonably possible. However, in no event shall the
notice and proof be provided later than one year following the date that confinement has ceased. Proof of confinement may be a Physician’s statement or a statement from a Hospital or Nursing Facility administrator. 

For a waiver related to a Terminal Condition, proof of eligibility is required only with the initial withdrawal request and must be furnished by the
Owner’s, Owner’s spouse’s, Annuitant’s, or Annuitant’s spouse’s Physician. We must receive a new written request for each withdrawal under this waiver. Each withdrawal request must be received no later than one year
following diagnosis of the Terminal Condition. 
 If a request for this waiver is denied, the Owner will be notified of the denial. The Owner
will be provided an opportunity to instruct the Company of their desire to either proceed with or cancel their withdrawal or Surrender, including any surrender charges, if a waiver request is denied. 

Surrender Charges 
 Withdrawals or
Surrenders in excess of the surrender charge-free amount are subject to a surrender charge. The amount of this charge, if any, will be calculated using the percentages, as shown in the table in Section 2—Policy Data, of the amount
withdrawn. 

  

			
	NIC12 VA0513(NY)	  	Page 11









 All Earnings are considered to be withdrawn first and will reduce Your annual surrender charge-free amount.
After all Earnings are withdrawn the oldest Premium Payment is the first Premium Payment considered to be withdrawn. If the amount withdrawn exceeds this, the next oldest Premium Payment is considered to be withdrawn, and so on until the most recent
Premium Payments are deemed to be withdrawn (the procedure being applied to withdrawals of premium is “First-In, First-Out” or FIFO procedure). 
 Minimum Values 
 Benefits available under this policy, including any paid up annuity values,
Cash Values, or death benefits, are not less than those required by the insurance laws of the state of New York. Minimum benefits will be increased to reflect any guaranteed additional amounts credited to the policy and will be decreased by prior
withdrawals. 
 SECTION 6 – POLICY VALUE 
 Policy Value 
 On or before the Annuity Commencement Date, the Policy Value is equal to
Your: 
  

	 	a.	Premium Payment(s); minus 

  

	 	b.	Gross withdrawals (withdrawals plus the surrender charge on the portion of the requested withdrawal that is subject to the surrender charge); plus


  

	 	c.	Interest credited to the Fixed Account (if any); plus 

  

	 	d.	Accumulated gains including the deduction of the Mortality and Expense Risk Fee and Administrative Charge, in the Separate Account; minus 


 

	 	e.	Accumulated losses including the deduction of the Mortality and Expense Risk Fee and Administrative Charge, in the Separate Account; minus 


 

	 	f.	Service charges, rider fees, premium taxes, and transfer fees if any. 

 Service Charge 
 On each Policy Anniversary prior to the Annuity Commencement Date and at
the time of Surrender, we may deduct an annual service charge as set forth in Section 2—Policy Data. The service charge will be deducted from each Subaccount in proportion to the portion of Policy Value (prior to such charge) in each
Subaccount. In no event will the service charge exceed 2% of the Policy Value or the maximum, as shown in Section 2—Policy Data, on the Policy Anniversary or at the time of Surrender. 

SECTION 7 – SEPARATE ACCOUNT 
 Separate Account 
 We have established and will maintain one or more Separate Account(s),
under the laws of the state of New York. Any realized or unrealized income, net gains and losses from the assets of the Separate Account are credited to or charged against it without regard to our other income, gains or losses. Assets are put in the
Separate Account for this policy, as well as for other variable annuity policies. Any Separate Account may invest assets in shares of one or more mutual fund portfolio(s), or in the case of a managed Separate Account, direct investments in stocks or
other securities as permitted by law. Fund shares refer to shares of underlying mutual funds or pro-rata ownership of the assets held in a Subaccount of a managed Separate Account. Fund shares are purchased, redeemed and valued on behalf of the
Separate Account. 
 The Separate Account is divided into Subaccounts. Each Subaccount invests exclusively in shares of one of the portfolios of
an underlying fund. We reserve the right to add or remove any Subaccount of the Separate Account. You will be notified in writing of any changes to the Subaccounts. 
 The Separate Account meets the definition of a “Separate Account” under rule 0-l(e)(l) of the Investment Company Act of 1940 (the “1940 Act”). The assets of the Separate Account are
our property. These assets will equal or exceed the reserves and other contract liabilities of the Separate Account. These assets will not be chargeable with liabilities arising out of any other business we conduct. We reserve the right, subject to
regulations governing the Separate Account, to transfer assets of a Subaccount, in excess of the reserves and other contract liabilities with respect to that Subaccount, to another Subaccount or to our General Account. 

  

			
	NIC12 VA0513(NY)	  	Page 12









 We will determine the fair market value of the assets of the Separate Account in accordance with the
Valuation Period, which we establish in good faith. In order to determine the value of an asset on a day that is not a Market Day, the Company will use the value of that asset as of the end of the next Market Day on which trading takes place.

 The Company will determine the value of the reserves for assets in the Separate Account at the end of each Market Day. In order to determine
the value of reserves for assets on a day that is not a Market Day, the Company will use the value of that asset as of the end of the prior Market Day on which trading took place. 
 We also reserve the right (with prior authorization from the Superintendent) to transfer assets of the Separate Account, which we determine to be associated with the class of policies to which this policy
belongs, to another Separate Account. If this type of transfer is made, the term “Separate Account”, as used in the policy shall then mean the Separate Account to which the assets are transferred. 

We also reserve the right, when permitted by law and with any required approval from the Superintendent, to: 

 

	 	a.	Deregister the Separate Account under the Investment Company Act of 1940; 

  


	 	b.	Manage the Separate Account under the direction of a committee at any time; 


 

	 	c.	Restrict or eliminate any voting rights of policy Owners or other persons who have voting rights as to the Separate Account; 


 

	 	d.	Combine the Separate Account with one or more Separate Accounts; 

  

	 	e.	Create new Separate Accounts; 

  

	 	f.	Add new Separate Accounts to or remove existing Subaccounts from the Separate Account, or combine Subaccounts; and 


 

	 	g.	Add new underlying mutual funds, remove existing mutual funds, or substitute a new fund for an existing mutual fund. 


The net asset value of a fund share is the per-share value calculated by the mutual fund or, in the case of a managed Separate Account, by the Company.
The net asset value is computed by adding the value of the Subaccount’s investments, cash and other assets, subtracting its liabilities, and then dividing by the number of shares outstanding. Net asset values of fund shares reflect investment
advisory fees and other expenses incurred in managing a mutual fund or a managed Separate Account. 
 Change in Investment Objective or
Policy of a Mutual Fund 
 If required by law or regulation, an investment policy of the Separate Account will only be changed if approved by
the appropriate insurance official of the state of New York or deemed approved in accordance with such law or regulation. If so required, the process for obtaining such approval is filed with the insurance official of the state or district in which
this policy is delivered. 
 Charges and Deductions 
 The mortality and expense risk fee and the administrative charge are each deducted, both before and after the Annuity Commencement Date, to compensate for changes in mortality and expenses not anticipated
by the mortality and administration charges guaranteed in the policy. Expenses and mortality results will not adversely affect the dollar amounts of variable benefits or other variable contractual payments or values. The mortality and expense risk
fee and the administrative charge is specified in Section 2—Policy Data. 
 Accumulation Units 

The Policy Value in the Separate Account before the Annuity Commencement Date is represented by accumulation units. The dollar value of accumulation units
for each Subaccount will change from Market Day to Market Day reflecting the investment experience of the Subaccount. 
 Premium Payments
allocated to and any amounts transferred to the Subaccounts will be applied to provide accumulation units in those Subaccounts. The number of accumulation units purchased in a Subaccount will be determined by dividing the amount allocated to or
transferred to that Subaccount by the value of an accumulation unit for that Subaccount on the Premium Payment or transfer date. 
 The number
of accumulation units withdrawn or transferred from the Subaccounts will be determined by dividing the amount withdrawn or transferred by the value of an accumulation unit for that Subaccount on the withdrawal or transfer date. 

  

			
	NIC12 VA0513(NY)	  	Page 13









 The value of an accumulation unit on any Market Day is determined by multiplying the value of that unit at
the end of the immediately preceding Valuation Period by the net investment factor for the Valuation Period. 
 The net investment factor used
to calculate the value of an accumulation unit in each Subaccount for the Valuation Period is determined by dividing (a) by (b) and subtracting (c) from the result, where: 

 

	 	(a)	Is the result of: 

  

	 	1.	The net asset value of a fund share held in that Subaccount determined as of the end of the current Valuation Period; plus 


 

	 	2.	The per share amount of any dividend or capital gain distributions made by the fund for shares held in that Subaccount if the ex-dividend date occurs during the
Valuation Period; plus or minus 

  

	 	3.	A per share credit or charge for any taxes reserved for, which we determine to have resulted from the investment operations of that Subaccount.


  

	 	(b)	Is the net asset value of a fund share held in that Subaccount determined as of the end of the immediately preceding Valuation Period. 


 

	 	(c)	Is a factor representing the mortality and expense risk fee and administrative charge before the Annuity Commencement Date. This factor is less than or equal to, on an
annual basis, the percentage shown in Section 2—Policy Data, of the daily net asset value of a fund share held in that Subaccount. 

 Since the net investment factor may be greater or less than one, the accumulation unit value may increase or decrease. 
 SECTION 8 – TRANSFERS 
 A. TRANSFERS BEFORE THE ANNUITY COMMENCEMENT DATE

 Prior to the Annuity Commencement Date, You may transfer the value of the accumulation units from one Investment Option to another within
certain limitations. 
 Transfers of interest credited in the GPO’s to other Investment Options are allowed on a “First-In,
First-Out” basis. Such transfers may be made monthly, quarterly, semi-annually, or annually. Each such transfer is subject to transfer minimums and charges as set forth in Section 2—Policy Data. 

You may choose which GPO to transfer to or from; however, any GPO elected may not extend beyond the last available Annuity Commencement Date shown in
Section 2—Policy Data. 
 Transfers of Policy Value from the Separate Account are subject to a minimum and charges as set forth in
Section 2—Policy Data. If the remaining Subaccount Policy Value is less than the minimum transfer amount, as shown in Section 2—Policy Data, we reserve the right to include that amount as part of the transfer. Transfers among
multiple Investment Options will be treated as one transfer in determining the number of transfers that have occurred. 
 If You want to
transfer the value of the variable units You must provide written notification with the following information provided: 
  

	 	1.	The Investment Option from which the transfer is to be made; 

  

	 	2.	The amount of the transfer; and 

  

	 	3.	The Investment Option(s) to receive the transferred amount. 

 The policy was not designed for the use of market timers or frequent or disruptive traders. Such transfers may be harmful to the underlying fund portfolios and increase transaction costs. We have
developed policies and procedures with respect to market timing and disruptive trading (which vary for certain Subaccounts at the request of the corresponding underlying fund portfolios). 

  

			
	NIC12 VA0513(NY)	  	Page 14









 We employ various means in an attempt to detect market timing and disruptive trading. However, despite our
monitoring, we may not be able to detect nor halt all harmful trading. If we determine You are engaged in market timing or disruptive trading, we may take one or more actions in an attempt to halt such trading. Your ability to make transfers is
subject to modification or restriction if we determine, in our sole discretion, that Your exercise of the transfer privilege may disadvantage or potentially harm the rights or interests of other Owners (or others having an interest in the variable
insurance products). Transfer restrictions may take the form of loss of expedited transfer privilege. We consider transfers by fax, overnight mail, or the Internet to be “expedited” transfers. This means that we would accept only an
original signature transmitted to us only by U.S. mail. We may also restrict the transfer privileges of others acting on Your behalf, including Your registered representative or an asset allocation or investment advisory service. 

We reserve the right to reject any Premium Payments or transfer requests from any person without prior notice, if, in our judgment: 

 

	 	1.	The payment or transfer, or series of transfers, would have a negative impact on an underlying fund portfolio’s operations; or 


 

	 	2.	If an underlying fund portfolio would reject or has rejected our purchase order or has instructed us not to allow that purchase or transfer; or


  

	 	3.	Because of a history of market timing or disruptive trading. 

 Dollar Cost Averaging 
 Prior to the Annuity Commencement Date, You may enroll in Dollar
Cost Averaging (DCA) by instructing us to automatically make periodic transfers of Policy Value from a DCA Source Account without waiting for further instructions from You. A DCA program will begin once we have received, in Good Order, all necessary
information and the minimum required amount. 
 You must provide us with the following information to initiate DCA: 

 

	 	1.	The date on which the transfers are to begin. Your request will normally be effective the day after the effective date of the policy. If a certain date does not exist
in a given month, the first day of the following month will be used; 

  

	 	2.	The DCA Source Account from which the transfers are to be made. To begin dollar cost averaging, the value of the DCA Source Account is subject to minimums as described
in Section 2—Policy Data; 

  

	 	3.	The amount and frequency of the transfers. You may choose monthly or quarterly transfers. The amount of each transfer is subject to minimums as described in
Section 2—Policy Data; and 

  

	 	4.	The Investment Option(s) to receive the transferred amounts. You may choose one or more Investment Options. If You select more than one Investment Option, Your request
must specify how the transferred amounts are to be allocated among these Investments Options and cannot include Your DCA Source Account. 

 Transfers must be scheduled for a minimum or maximum length of time as specified in Section 2—Policy Data. DCA results in the purchase of more accumulation units when the value of the
accumulation unit is low, and fewer accumulation units when the value of the accumulation unit is high. However, there is no guarantee that the DCA program will result in higher Policy Values or will otherwise be successful. 

Asset Rebalancing 
 Prior to the Annuity
Commencement Date, You may instruct us to automatically transfer amounts among the Subaccounts of the Separate Account on a regular basis to maintain a desired allocation of the Policy Value among the various Subaccounts offered. Rebalancing will
occur on a monthly, quarterly, semi-annual, or annual basis, beginning on a date selected by You. You must select the percentage of the Policy Value desired in each of the various Subaccounts offered. Any amounts in the DCA Source Account or Fixed
Account, if offered, are ignored for the purposes of Asset Rebalancing. Rebalancing can be started, stopped or changed at any time. Rebalancing will cease as soon as we receive a request for any transfer. 

B. TRANSFERS AFTER THE ANNUITY COMMENCEMENT DATE 
 After the Annuity Commencement Date, You may transfer the value of the variable annuity units from one Subaccount to another within the Separate Account or to the Fixed Account, if offered. If You want to
transfer the value of the variable units You must provide written notification with the following information provided: 
  

	 	1.	The Investment Option from which the transfer is to be made; 

  

	 	2.	The amount of the transfer; and 

  

	 	3.	The Investment Option(s) to receive the transferred amount. 


  

			
	NIC12 VA0513(NY)	  	Page 15









 The minimum amount which may be transferred is the lesser of the variable annuity units that produce $10
monthly income or the variable annuity units that produce the entire monthly income in the Subaccount from which the transfer is being made. If the monthly income of the remaining units in a Subaccount is less than $10, we have the right to include
the value of those variable annuity units as part of the transfer. We reserve the right to limit transfers between the Subaccounts or to the Fixed Accounts to once per Policy Year. 
 After the Annuity Commencement Date, no transfers may be made from the Fixed Account, if offered, to any other Investment Option. 
 SECTION 9 – DEATH PROCEEDS 
 A. DEATH PRIOR TO THE ANNUITY COMMENCEMENT DATE

 The amount payable upon death will be determined upon receipt, in Good Order, of satisfactory proof of death, written directions from each
eligible recipient regarding how they wish to receive the amount payable, and any other documents, forms and information that we need (collectively referred to as “due proof of death”). Not withstanding the foregoing, we may confer with a
variety of resources and/or other affiliates in order to ascertain or verify whether the Annuitant or any other relevant life is or may have become deceased during the term of this policy. Any such activities or efforts by us in no manner abrogate,
waive or otherwise diminish Your continued obligation to provide us with timely notice in writing of due proof of death in Good Order. 
 The
amount of the death benefit payable will be the greater of: 
  

	 	1.	The Policy Value on the date we receive due proof of death and an election of method of settlement; or 


 

	 	2.	The Guaranteed Minimum Death Benefit (GMDB), if any, on the date of death, plus any additional Premium Payments received, less any gross withdrawals from the date of
death to the date of payment of death proceeds. 

 The Owner(s) may elect the method of payment of death proceeds for each named
beneficiary, subject to our then current rules, prior to the date of the applicable Decedent’s death. When no such election is made as to a specific beneficiary, such beneficiary must elect the method of payment within 60 days of the date we
receive all required documentation, in Good Order, to pay the death proceeds to that beneficiary. If no election is made as to the method of payment by the beneficiary, we will distribute the proceeds in a lump sum. 

Guaranteed Minimum Death Benefit 
 If
elected, the GMDB rider will establish a minimum death benefit payable under the policy. Your election, if any, is shown in Section 2—Policy Data. You may not change Your election after the policy is issued. 

Death of Annuitant Prior To The Annuity Commencement Date 
 A death benefit will be payable if the Annuitant dies prior to the Annuity Commencement Date. 
  

	 	1.	Non-Natural Owner(s) 

 for
purposes of determining who receives the death benefit for a policy owned by a non-natural Owner, we will apply the rules for Individual Owner(s) as provided below in 2(a) or (b). 

 

	 	2.	Individual Owner(s) 

  

	 	(a)	Surviving Owner 

 If there is a
surviving Owner(s) when the Annuitant dies, the surviving Owner(s) will receive the death benefit (i.e., the surviving Owner(s) takes the place of any beneficiary designation). 

 

	 	(b)	No surviving Owner 

 If there is
no surviving Owner, the death benefit is payable to the named beneficiary(ies). If no beneficiary(ies) are named, the death benefit will be payable to the Owner’s estate. 

  

			
	NIC12 VA0513(NY)	  	Page 16









 Death of Owner Prior To The Annuity Commencement Date 

If the Owner is not the Annuitant and the Owner dies before the Annuitant, under certain circumstances, an amount equal to the Policy Value, as of the
date we receive due proof of death, will be paid. 
 If You are not also the Annuitant and in the event of simultaneous deaths of both You and
the Annuitant, the death proceeds will be calculated under the Death of Annuitant provisions. 
  

	 	1.	Non-Natural Owner(s) 

 If
the policy is owned by a trust using the grantor’s social security number as its taxpayer identification number, the death of the grantor will be treated as the death of the Owner. 

If there is a change in the Annuitant, such change will be treated as the death of the non-natural Owner and we will pay an amount equal
to the Policy Value as of the day we receive, in Good Order, the request to change the Annuitant. 
  

	 	2.	Individual Owner(s) 

 If
You die while the Annuitant is living, the Policy Value will be paid to the first among the following who is living or in existence: 
  

	 	a.	The surviving Owner(s); 

  

	 	b.	Primary beneficiary(ies); 

  

	 	c.	Contingent beneficiary(ies); or 

  

	 	d.	Deceased Owner’s estate. 

  

	 	3.	Joint Owner(s) 

 If there
is a joint Owner, the Policy Value will be payable upon the death of the first Owner, unless the surviving joint Owner is the spouse. 

Non-Spouse Individual Beneficiary: 
 If
the beneficiary is an individual who is not eligible to continue the contract as noted below, the amount payable must be distributed by the end of 5 years after the date of Decedent’s death, or payments must begin no later than one year after
the date of Decedent’s death and must be made for a period certain or for the beneficiary’s lifetime, so long as the period certain does not exceed the beneficiary’s life expectancy. 

If the beneficiary is not a natural person, the death proceeds must be distributed by the end of 5 years after the date of Decedent’s death.

 Spousal Beneficiary 
 A
spousal beneficiary, who is the sole beneficiary, may elect to continue this policy as Owner rather than receiving the amount payable when they are the deceased Owner’s surviving spouse. 
 If the surviving spouse does not elect to continue the policy, the amount payable must be distributed by the end of 5 years after the date of the Decedent’s death, or payments must begin no later
than one year after the Decedent’s death and must be made for a period certain or for the beneficiary’s lifetime, so long as the period certain does not exceed the beneficiary’s life expectancy. 

If a death benefit is payable and the policy is continued, an amount equal to the excess, if any, of the Guaranteed Minimum Death Benefit over the Policy
Value will then be added to the Policy Value. This is a one-time only Policy Value adjustment applied at the time the policy is continued. The spousal continuation election is only available once per policy. 

If a death benefit is payable and the policy is continued, all current surrender charges will be waived; however, any premium received after the
Decedent’s death will be subject to any applicable surrender charges. 
 B. DEATH ON OR AFTER THE ANNUITY COMMENCEMENT DATE

 In the event of a death after the Annuity Commencement Date, the amount payable will depend on the income option selected. If any Owner
dies on or after the Annuity Commencement Date, but before the entire interest in the policy is distributed, the remaining portion of such interest in the policy will be distributed to the beneficiary(ies) at least as rapidly as under the method of
distribution being used as of the date of that death. 

  

			
	NIC12 VA0513(NY)	  	Page 17









 C. ADDITIONAL TAX INFORMATION 
 In any event, the death proceeds will be paid in accordance with Section 72(s) of the IRC. For purposes of applying the non-natural Owner death rules of Section 72(s)(6), we will apply the
Annuitant death rules set forth earlier in this section. 
 These distribution rules do not apply to an annuity provided under a plan described
in Section 401(a), 403(a), 403(b), 408 or 408A of the IRC or to an annuity that is a qualified funding asset as defined in Code Section 130(d) of the IRC. 
 SECTION 10 – INCOME OPTIONS 
 A. GENERAL PAYMENT PROVISIONS 

Payment 
 You may use the Policy Value on
the Annuity Commencement Date. If the policy is in force on the last available Annuity Commencement Date, we will make annuity payments to the payee under Option 2(b), with 10 years certain, or if elected, under one or more of the other options
described in this section, or any other method of payment if we agree. However, the option(s) elected must provide for lifetime income or income for a period of at least 120 months. Payments will be made at 1, 3, 6 or 12 month intervals. We reserve
the right to avoid making payments of less than $20.00. If any income settlement option with a period certain provides for installment payments of the same amount at some ages for different periods certain, the Company will deem an election to have
been made for the longest period certain which could have been elected for such age and amount. 
 Before the Annuity Commencement Date, if the
death proceeds become payable or if You Surrender this policy, we will pay any proceeds in one sum, or if elected, all or part of these proceeds may be placed under one or more of the options described in this section. 

Betterment of Rates 
 The amounts shown
in the tables on pages 22(a) and 22(b) are the guaranteed amounts. Current amounts offered to individuals of the same class may be obtained from us. Fixed annuity payments at the time of their commencement will not be less than those which would be
provided by the application of the Policy Value to purchase any single consideration immediate annuity contract (as described in Section 4223 (a)(1)(E) of the New York Insurance Law) offered by the Company at the time to the same class of
Annuitant. 
 Adjusted Age 

Payments under Options 2 and 4 and the first payment under Options 2-V and 4-V are determined based on the adjusted age of the Annuitant. The adjusted age
is the Annuitant’s actual age on the Annuitant’s nearest birthday, at the Annuity Commencement Date, adjusted as follows: 
  

			
	         Annuity 
 Commencement Date
	  	 Adjusted Age

	Before 2025	  	Actual Age
	2025 - 2032	  	Actual Age minus 1
	2033 - 2040	  	Actual Age minus 2
	2041 - 2048	  	Actual Age minus 3
	2049 - 2055	  	Actual Age minus 4
	After 2055	  	Actual Age minus 5

 Election of Optional Method of Payment 
 You may elect, in a manner acceptable to us, income options that may be either variable, fixed, or a combination of both. If You elect a combination, You must also tell us what part of the policy proceeds
on the Annuity Commencement Date is to be applied to provide each type of payment. You must also specify which Subaccounts to allocate policy proceeds. The amount of a combined payment will be the sum of the variable and fixed payments. Payments
under a variable income option will reflect the investment performance of the selected Subaccount of the Separate Account. 
 Qualified Plans
and Policies 
 Certain income options may not be available or may be limited for qualified plans and qualified policies in order to ensure
compliance with the IRC. 

  

			
	NIC12 VA0513(NY)	  	Page 18









 Proof of Age 
 We may require proof of the age of any person who has an annuity purchased under Options 2, 2-V, 4 and 4-V of this section before we make the first payment. 

Minimum Proceeds 
 If the proceeds are
less than $2,000, we reserve the right to pay them out as a lump sum instead of applying them to an income option. 
 Supplementary Contract

 Once proceeds become payable and an income option has been selected, we will issue a supplementary contract to reflect the terms of the
selected option. The contract will name the payee(s) and will describe the payment schedule. 
 B. FIXED INCOME OPTIONS 

Guaranteed Income Options 
 The fixed
income option is determined by multiplying each $1,000 of policy proceeds allocated to a fixed income option by the amounts shown in Section 12 for the option You select. Options 1 and 3 are based on a guaranteed interest rate of 0.25%. Options
2 and 4 are based on a guaranteed interest rate of 0.25% and the “Annuity 2000” (male, female, and unisex if required by law) mortality table projected for improvement using projection scale G (70% of female scale G factors were used,
while 30% of the male scale factors were used). The rates were projected dynamically using an assumed Annuity Commencement Date of 2020. The “Annuity 2000” mortality rates are adjusted based on improvements in mortality since 2000 to more
appropriately reflect increased longevity. 
 Option 1 – Income for a Specified Period 

We will make level payments only for the fixed period You choose. Payments should not exceed the Annuitant’s life expectancy. In the event of the
death of the person receiving payments prior to the end of the fixed period elected, payments will be continued to that person’s beneficiary. No funds will remain at the end of the specified period. 

Option 2 – Life Income 
 You may
choose between: 
  

	 	a.	Life Only – We will make level payments only during the Annuitant’s lifetime;* or 


 

	 	b.	Life 10 Years Period Certain – We will make level payments for the longer of: 


 

	 	1.	The Annuitant’s lifetime; or 

  

	 	2.	10 years, or 

  

	 	c.	Guaranteed Return of policy proceeds – We will make level payments for the longer of: 


 

	 	1.	The Annuitant’s lifetime; or 

  

	 	2.	Until the total dollar amount of payments made to You equals the amount applied to this option. 


 

	*	Option 2(a) is not available for adjusted ages greater than 85. 

 Option 3 – Income of a Specified Amount 
 Payments are made for any specified amount
until the amount applied to this option, with interest, is exhausted. Payments should not exceed the Annuitant’s life expectancy. This will be a series of level payments followed by a smaller final payment. In the event of the death of the
person receiving payments prior to the time policy proceeds with interest are exhausted, payments will be continued to that person’s beneficiary. 
 Option 4 – Joint and Survivor Annuity 
 You may choose between: 

 

	 	a.	Life Only – We will make level payments only during the Annuitants’ lifetimes;** or 


 

	 	b.	Life and 10 Years Period Certain – We will make level payments for the longer of: 


 

	 	1.	The Annuitant’s lifetime and a joint Annuitant of Your selection; or 

  


	 	2.	10 years. 

  

	**	Option 4(a) is not available for adjusted ages greater than 85. 


  

			
	NIC12 VA0513(NY)	  	Page 19









 Current Income Options 
 The amounts shown in the tables in Section 12 are the guaranteed amounts. Payments at the time of their commencement will not be less than those that would be provided by the application of the
policy proceeds to purchase a single premium immediate annuity policy at purchase rates offered by the Company at the time to the same class of Annuitants. 
 C. VARIABLE INCOME OPTIONS 
 Variable Annuity Units 

The policy proceeds You tell us to apply to a variable income option will be used to purchase variable annuity units in Your chosen Subaccounts. The
dollar value of variable annuity units in Your chosen Subaccounts will increase or decrease reflecting the investment experience of Your chosen Subaccounts. The value of a variable annuity unit in a particular Subaccount on any Market Day is equal
to “a” x “b” x “c”, where: 
  

	 	“a”	Is the variable annuity unit value for that Subaccount on the immediately preceding Market Day; 


 

	 	“b”	Is the net investment factor for that Subaccount for the Valuation Period; and 


 

	 	“c”	Is the Assumed Investment Return adjustment factor for the Valuation Period. 

 The net investment factor used to calculate the value of an accumulation unit in each Subaccount for the Valuation Period is determined by dividing “a” by “b” and subtracting
“c” from the result, where: 
 “a” Is the result of: 

 

	 	1.	The net asset value of a fund share held in that Subaccount determined as of the end of the current Valuation Period; plus 


 

	 	2.	The per share amount of any dividend or capital gain distributions made by the fund for shares held in that Subaccount if the ex-dividend date occurs during the
Valuation Period; plus or minus 

  

	 	3.	A per share credit or charge for any taxes reserved for, which we determine to have resulted from the investment operations of that Subaccount.


  

	 	“b”	Is the net asset value of a fund share held in that Subaccount determined as of the end of the immediately preceding Valuation Period. 


 

	 	“c”	Is a factor representing the mortality and expense risk fee and administrative charge after the Annuity Commencement Date. This factor is less than or equal to, on an
annual basis, the percentage shown in Section 2—Policy Data, of the daily net asset value of a fund share held in that Subaccount. 

 Determination of the First Variable Payment 
 The amount of the first variable payment is
determined by multiplying $1,000 of policy proceeds allocated to a variable income option by the amounts shown in Section 13 for the variable option You select. The tables are based on a 3% Effective Annual Assumed Investment Return and the
“Annuity 2000” (male, female, and unisex if required by law) mortality table projected for improvement using projection scale G (70% of female scale G factors were used, while 30% of the male scale factors were used). The rates were
projected dynamically using an assumed Annuity Commencement Date of 2020. The “Annuity 2000” mortality rates are adjusted based on improvements in mortality since 2000 to more appropriately reflect increased longevity. 

Option 2-V– Life Income 
 You may
choose between: 
  

	 	a.	Life Only – Payments will be made during the lifetime of the Annuitant;* or 


 

	 	b.	Life and 10 Years Period Certain – Payments will be made for the longer of the Annuitant’s lifetime or ten years. In the event of the death of the person
receiving payments prior to the end of the guarantee period for which the election was made, payments will be continued to that person’s beneficiary. 

  


	*	Option 2-V(a) is not available for adjusted age(s) greater than 85. 

 Option 4-V – Joint and Survivor Annuity 
 Life Only – Payments are
made during the joint lifetime of the Annuitant and a joint Annuitant of Your selection. Payments will be made as long as either person is living. Option 4-V is not available for adjusted ages greater than 85. 

  

			
	NIC12 VA0513(NY)	  	Page 20









 Determination of Subsequent Variable Payments 

The amount of each variable annuity payment after the first will increase or decrease according to the value of the variable annuity units which reflect
the investment experience of the selected Subaccounts. Each variable annuity payment after the first will be equal to the number of variable annuity units in the selected Subaccounts multiplied by the variable annuity unit value on the date the
payment is made. The number of variable annuity units in each selected Subaccount is determined by dividing the first variable annuity payment allocated to the Subaccount by the variable annuity unit value of such Subaccount on the Annuity
Commencement Date. 
 Once Annuity Payments begin, neither expenses actually incurred other than taxes on the investment return, nor mortality
actually experienced by the Company, shall adversely affect the dollar amount of Variable Annuity Payements to any Annuitant for whom such payments have commenced. 
 The smallest annual rate of investment return that would have to be earned on the assets of the Separate Account so that the dollar amount of variable income payments will not decrease is shown on the
first page of this policy. 
 SECTION 11 – FIXED ACCOUNT 
 We may make available a Fixed Account as an Investment Option. The Fixed Account, if offered, may be comprised of one or more options shown below. Premium Payments applied to and any amount transferred to
the Fixed Account will be credited interest based on a fixed rate. The interest rates we set will be credited for increments of at least one year measured from each Premium Payment or transfer date. If the Fixed Account is available, these rates
will never be less than the Fixed Account Guaranteed Minimum Effective Annual Interest Rate shown in Section 2—Policy Data. After the Policy Date, we reserve the right at our sole discretion, to limit or refuse Premium Payments and/or
transfers allocated to any of the Fixed Account options. We will provide 30 days advance written notice of this decision. We will also provide timely written notification to You once any such prohibition of premium payments and/or transfers is no
longer in effect. 
 Even if we are prohibiting premium payments or transfers to the Fixed Account, funds may still roll into a new Guaranteed
Period Option at the end of the expiring option’s guaranteed period. 
 Guaranteed Period Options 

We may offer optional Guaranteed Period Options, into which Premium Payments may be paid or amounts transferred. The current interest rate we set for
Policy Value allocated to each Guaranteed Period Option (GPO) is guaranteed until the end of that guaranteed period. 
 We will notify You
before the end of the GPO. You may elect to have the Policy Value in the GPO transferred to any Investment Option, including any GPO we then make available. However, any GPO elected may not extend beyond the last available Annuity Commencement Date.
If we do not receive instructions from You in Good Order before the end of the GPO regarding how the Policy Value in that GPO is to be allocated, we will allocate the Policy Value in that GPO to the Money Market Subaccount available in Your policy.

 When funds are withdrawn or transferred from a GPO, the Policy Value associated with the oldest Premium Payment is considered to be withdrawn
or transferred first. If the amount withdrawn or transferred exceeds the Policy Value associated with the oldest premium, the Policy Value associated with the next oldest Premium Payment is considered to be withdrawn or transferred next, and so on
until the Policy Value associated with the most recent premium is considered to be withdrawn or transferred (this is a First-In, First-Out, or FIFO, basis). 
 Dollar Cost Averaging Fixed Account Option 
 We may offer a Dollar Cost Averaging (DCA)
Fixed Account Option (a “DCA Source Account”) separate from the Guaranteed Period Options. This option will have a one-year interest rate guarantee. The current interest rate we credit may vary on different portions of the DCA Fixed
Account. The credited interest rate will never be less than the Fixed Account Guaranteed Minimum Effective Annual Interest Rate shown in Section 2—Policy Data. The DCA Fixed Account Option will only be available under a Dollar Cost
Averaging program as described in Section 8. 

  

			
	NIC12 VA0513(NY)	  	Page 21









 SECTION 12 – GUARANTEED FIXED INCOME OPTION TABLES** 

The amounts shown in these tables are the guaranteed amounts for each $1,000 of the policy proceeds. 

Higher current amounts may be available at the time of settlement. 

 

																																													
	 Option 1
	 	  	 	 	  	 Option 2(a)
	 	  	 Option 2(b)
	 	  	 Option 2(c)
	 
	 Number
 of Years
 Payable
	  	 Amount of
Monthly
Installment
	 	  	 	 	  	 Monthly Installment For

Life No Period Certain
	 	  	 Monthly Installment For

Life 10 Years Certain
	 	  	 Monthly Installment For

Life Guaranteed Return of
 Policy Proceeds
	 
	 	  	 	 	  	 Age*
	 	  	 Male
	 	  	 Female
	 	  	 Unisex
	 	  	 Male
	 	  	 Female
	 	  	 Unisex
	 	  	 Male
	 	  	 Female
	 	  	 Unisex
	 
		  				  	 	50	  	  	$	2.22	  	  	$	2.00	  	  	$	2.07	  	  	$	2.21	  	  	$	2.00	  	  	$	2.06	  	  	$	1.85	  	  	$	1.74	  	  	$	1.78	  
		  				  	 	51	  	  	 	2.27	  	  	 	2.05	  	  	 	2.12	  	  	 	2.26	  	  	 	2.05	  	  	 	2.11	  	  	 	1.89	  	  	 	1.78	  	  	 	1.80	  
		  				  	 	52	  	  	 	2.33	  	  	 	2.10	  	  	 	2.17	  	  	 	2.32	  	  	 	2.10	  	  	 	2.17	  	  	 	1.91	  	  	 	1.80	  	  	 	1.84	  
		  				  	 	53	  	  	 	2.40	  	  	 	2.15	  	  	 	2.23	  	  	 	2.39	  	  	 	2.15	  	  	 	2.22	  	  	 	1.95	  	  	 	1.84	  	  	 	1.88	  
		  				  	 	54	  	  	 	2.46	  	  	 	2.21	  	  	 	2.29	  	  	 	2.45	  	  	 	2.21	  	  	 	2.28	  	  	 	1.99	  	  	 	1.88	  	  	 	1.91	  
		  				  	 	55	  	  	 	2.54	  	  	 	2.27	  	  	 	2.35	  	  	 	2.52	  	  	 	2.26	  	  	 	2.34	  	  	 	2.03	  	  	 	1.91	  	  	 	1.95	  
		  				  	 	56	  	  	 	2.61	  	  	 	2.33	  	  	 	2.42	  	  	 	2.59	  	  	 	2.33	  	  	 	2.41	  	  	 	2.07	  	  	 	1.95	  	  	 	1.99	  
		  				  	 	57	  	  	 	2.69	  	  	 	2.40	  	  	 	2.49	  	  	 	2.67	  	  	 	2.39	  	  	 	2.48	  	  	 	2.13	  	  	 	1.99	  	  	 	2.03	  
		  				  	 	58	  	  	 	2.77	  	  	 	2.47	  	  	 	2.56	  	  	 	2.75	  	  	 	2.46	  	  	 	2.55	  	  	 	2.17	  	  	 	2.03	  	  	 	2.07	  
	10	  	 	8.44	  	  	 	59	  	  	 	2.86	  	  	 	2.54	  	  	 	2.64	  	  	 	2.83	  	  	 	2.53	  	  	 	2.62	  	  	 	2.21	  	  	 	2.07	  	  	 	2.13	  
	11	  	 	7.68	  	  	 	60	  	  	 	2.95	  	  	 	2.62	  	  	 	2.72	  	  	 	2.92	  	  	 	2.61	  	  	 	2.70	  	  	 	2.26	  	  	 	2.13	  	  	 	2.17	  
	12	  	 	7.05	  	  	 	61	  	  	 	3.05	  	  	 	2.70	  	  	 	2.81	  	  	 	3.02	  	  	 	2.69	  	  	 	2.79	  	  	 	2.32	  	  	 	2.17	  	  	 	2.21	  
	13	  	 	6.51	  	  	 	62	  	  	 	3.16	  	  	 	2.79	  	  	 	2.90	  	  	 	3.11	  	  	 	2.77	  	  	 	2.88	  	  	 	2.38	  	  	 	2.22	  	  	 	2.26	  
	14	  	 	6.06	  	  	 	63	  	  	 	3.27	  	  	 	2.88	  	  	 	3.00	  	  	 	3.22	  	  	 	2.86	  	  	 	2.97	  	  	 	2.44	  	  	 	2.28	  	  	 	2.33	  
	15	  	 	5.66	  	  	 	64	  	  	 	3.39	  	  	 	2.98	  	  	 	3.10	  	  	 	3.33	  	  	 	2.95	  	  	 	3.07	  	  	 	2.49	  	  	 	2.34	  	  	 	2.39	  
	16	  	 	5.31	  	  	 	65	  	  	 	3.51	  	  	 	3.09	  	  	 	3.21	  	  	 	3.45	  	  	 	3.05	  	  	 	3.17	  	  	 	2.55	  	  	 	2.39	  	  	 	2.43	  
	17	  	 	5.01	  	  	 	66	  	  	 	3.65	  	  	 	3.20	  	  	 	3.33	  	  	 	3.57	  	  	 	3.16	  	  	 	3.28	  	  	 	2.61	  	  	 	2.44	  	  	 	2.49	  
	18	  	 	4.73	  	  	 	67	  	  	 	3.79	  	  	 	3.32	  	  	 	3.46	  	  	 	3.70	  	  	 	3.27	  	  	 	3.40	  	  	 	2.69	  	  	 	2.50	  	  	 	2.55	  
	19	  	 	4.49	  	  	 	68	  	  	 	3.95	  	  	 	3.44	  	  	 	3.59	  	  	 	3.83	  	  	 	3.39	  	  	 	3.53	  	  	 	2.75	  	  	 	2.57	  	  	 	2.64	  
	20	  	 	4.27	  	  	 	69	  	  	 	4.11	  	  	 	3.58	  	  	 	3.74	  	  	 	3.97	  	  	 	3.52	  	  	 	3.66	  	  	 	2.82	  	  	 	2.64	  	  	 	2.69	  
		  				  	 	70	  	  	 	4.29	  	  	 	3.73	  	  	 	3.89	  	  	 	4.12	  	  	 	3.65	  	  	 	3.79	  	  	 	2.90	  	  	 	2.72	  	  	 	2.77	  
		  				  	 	71	  	  	 	4.47	  	  	 	3.89	  	  	 	4.06	  	  	 	4.27	  	  	 	3.80	  	  	 	3.94	  	  	 	3.00	  	  	 	2.79	  	  	 	2.84	  
		  				  	 	72	  	  	 	4.67	  	  	 	4.06	  	  	 	4.24	  	  	 	4.43	  	  	 	3.95	  	  	 	4.09	  	  	 	3.08	  	  	 	2.86	  	  	 	2.93	  
		  				  	 	73	  	  	 	4.88	  	  	 	4.24	  	  	 	4.43	  	  	 	4.59	  	  	 	4.11	  	  	 	4.25	  	  	 	3.15	  	  	 	2.94	  	  	 	3.02	  
		  				  	 	74	  	  	 	5.10	  	  	 	4.44	  	  	 	4.64	  	  	 	4.76	  	  	 	4.27	  	  	 	4.42	  	  	 	3.25	  	  	 	3.06	  	  	 	3.12	  
		  				  	 	75	  	  	 	5.34	  	  	 	4.65	  	  	 	4.86	  	  	 	4.94	  	  	 	4.45	  	  	 	4.60	  	  	 	3.35	  	  	 	3.13	  	  	 	3.20	  
		  				  	 	76	  	  	 	5.60	  	  	 	4.88	  	  	 	5.09	  	  	 	5.12	  	  	 	4.63	  	  	 	4.78	  	  	 	3.46	  	  	 	3.21	  	  	 	3.30	  
		  				  	 	77	  	  	 	5.88	  	  	 	5.13	  	  	 	5.35	  	  	 	5.31	  	  	 	4.82	  	  	 	4.97	  	  	 	3.60	  	  	 	3.35	  	  	 	3.41	  
		  				  	 	78	  	  	 	6.17	  	  	 	5.40	  	  	 	5.63	  	  	 	5.50	  	  	 	5.02	  	  	 	5.17	  	  	 	3.66	  	  	 	3.44	  	  	 	3.51	  
		  				  	 	79	  	  	 	6.49	  	  	 	5.69	  	  	 	5.92	  	  	 	5.69	  	  	 	5.22	  	  	 	5.37	  	  	 	3.81	  	  	 	3.53	  	  	 	3.62	  
		  				  	 	80	  	  	 	6.82	  	  	 	6.00	  	  	 	6.24	  	  	 	5.88	  	  	 	5.43	  	  	 	5.57	  	  	 	3.89	  	  	 	3.68	  	  	 	3.74	  
		  				  	 	81	  	  	 	7.19	  	  	 	6.34	  	  	 	6.59	  	  	 	6.08	  	  	 	5.65	  	  	 	5.78	  	  	 	4.06	  	  	 	3.81	  	  	 	3.87	  
		  				  	 	82	  	  	 	7.58	  	  	 	6.70	  	  	 	6.96	  	  	 	6.27	  	  	 	5.86	  	  	 	5.99	  	  	 	4.20	  	  	 	3.89	  	  	 	4.00	  
		  				  	 	83	  	  	 	7.99	  	  	 	7.10	  	  	 	7.36	  	  	 	6.46	  	  	 	6.08	  	  	 	6.20	  	  	 	4.34	  	  	 	4.09	  	  	 	4.16	  
		  				  	 	84	  	  	 	8.44	  	  	 	7.53	  	  	 	7.80	  	  	 	6.65	  	  	 	6.29	  	  	 	6.40	  	  	 	4.50	  	  	 	4.23	  	  	 	4.32	  
		  				  	 	85	  	  	 	8.92	  	  	 	7.99	  	  	 	8.27	  	  	 	6.83	  	  	 	6.49	  	  	 	6.60	  	  	 	4.70	  	  	 	4.40	  	  	 	4.49	  
		  				  	 	86	  	  				  				  				  	 	7.00	  	  	 	6.69	  	  	 	6.79	  	  	 	4.89	  	  	 	4.54	  	  	 	4.74	  
		  				  	 	87	  	  				  				  				  	 	7.17	  	  	 	6.88	  	  	 	6.97	  	  	 	5.11	  	  	 	4.71	  	  	 	4.84	  
		  				  	 	88	  	  				  				  				  	 	7.32	  	  	 	7.06	  	  	 	7.14	  	  	 	5.28	  	  	 	4.90	  	  	 	5.08	  
		  				  	 	89	  	  				  				  				  	 	7.47	  	  	 	7.23	  	  	 	7.31	  	  	 	5.53	  	  	 	5.19	  	  	 	5.27	  
		  				  	 	90	  	  				  				  				  	 	7.60	  	  	 	7.39	  	  	 	7.46	  	  	 	5.73	  	  	 	5.39	  	  	 	5.48	  
		  				  	 	91	  	  				  				  				  	 	7.73	  	  	 	7.53	  	  	 	7.59	  	  	 	5.88	  	  	 	5.63	  	  	 	5.79	  
		  				  	 	92	  	  				  				  				  	 	7.84	  	  	 	7.66	  	  	 	7.72	  	  	 	6.17	  	  	 	5.78	  	  	 	5.97	  
		  				  	 	93	  	  				  				  				  	 	7.95	  	  	 	7.79	  	  	 	7.84	  	  	 	6.44	  	  	 	6.02	  	  	 	6.17	  
		  				  	 	94	  	  				  				  				  	 	8.04	  	  	 	7.90	  	  	 	7.94	  	  	 	6.79	  	  	 	6.46	  	  	 	6.52	  
		  				  	 	95	  	  				  				  				  	 	8.12	  	  	 	8.00	  	  	 	8.04	  	  	 	7.13	  	  	 	6.73	  	  	 	6.83	  
		  				  	 	96	  	  				  				  				  	 	8.20	  	  	 	8.09	  	  	 	8.13	  	  	 	7.40	  	  	 	6.89	  	  	 	7.17	  
		  				  	 	97	  	  				  				  				  	 	8.26	  	  	 	8.17	  	  	 	8.20	  	  	 	7.91	  	  	 	7.53	  	  	 	7.66	  
		  				  	 	98	  	  				  				  				  	 	8.31	  	  	 	8.24	  	  	 	8.27	  	  	 	8.19	  	  	 	7.84	  	  	 	7.75	  
		  				  	 	99	  	  				  				  				  	 	8.35	  	  	 	8.30	  	  	 	8.32	  	  	 	8.82	  	  	 	8.18	  	  	 	8.57	  

  

	*	Adjusted Age as defined in Section 10.A. 


	**	The guaranteed fixed income amounts are based on a guaranteed interest rate of 0.25%. 

 Dollar amounts of monthly, quarterly, semi-annual and annual installments not shown in the above tables will be calculated on the same basis as those shown and may be obtained from the Company (if the
option is available based on Adjusted Age as described in Section 10). 

  

			
	NIC12 VA0513(NY)	  	Page 22(a)









 Option 4(a) 
 Monthly Installment For Joint and Survivor 
  

																													
	 Adjusted Age

of
 Male
Annuitant*
	  	Adjusted Age of Female Annuitant*	 
	  	15 Years
Less Than
Male	 	  	12 Years
Less Than
Male	 	  	9 Years
Less Than
Male	 	  	6 Years
Less Than
Male	 	  	3 Years
Less Than
Male	 	  	Same As
Male	 	  	3 Years
More Than
Male	 
	50	  	$	1.45	  	  	$	1.51	  	  	$	1.58	  	  	$	1.66	  	  	$	1.73	  	  	$	1.80	  	  	$	1.87	  
	55	  	 	1.58	  	  	 	1.66	  	  	 	1.75	  	  	 	1.84	  	  	 	1.93	  	  	 	2.02	  	  	 	2.10	  
	60	  	 	1.75	  	  	 	1.85	  	  	 	1.95	  	  	 	2.07	  	  	 	2.18	  	  	 	2.29	  	  	 	2.41	  
	65	  	 	1.95	  	  	 	2.08	  	  	 	2.21	  	  	 	2.36	  	  	 	2.51	  	  	 	2.66	  	  	 	2.81	  
	70	  	 	2.21	  	  	 	2.37	  	  	 	2.55	  	  	 	2.74	  	  	 	2.94	  	  	 	3.15	  	  	 	3.35	  
	75	  	 	2.54	  	  	 	2.76	  	  	 	3.00	  	  	 	3.26	  	  	 	3.54	  	  	 	3.83	  	  	 	4.11	  
	80	  	 	2.99	  	  	 	3.29	  	  	 	3.62	  	  	 	3.99	  	  	 	4.39	  	  	 	4.79	  	  	 	5.18	  
	85	  	 	3.60	  	  	 	4.02	  	  	 	4.50	  	  	 	5.03	  	  	 	5.59	  	  	 	6.17	  	  	 	6.71	  

 Monthly Installment For Unisex Joint and Survivor 

 

																													
	 Adjusted Age

of
 First
Annuitant*
	  	Adjusted Age of Joint Annuitant*	 
	  	15 Years
Less Than
First	 	  	12 Years
Less Than
First	 	  	9 Years
Less Than
First	 	  	6 Years
Less Than
First	 	  	3 Years
Less Than
First	 	  	Same As
First	 	  	3 Years
More Than
First	 
	50	  	$	1.47	  	  	$	1.53	  	  	$	1.60	  	  	$	1.66	  	  	$	1.72	  	  	$	1.78	  	  	$	1.84	  
	55	  	 	1.61	  	  	 	1.68	  	  	 	1.76	  	  	 	1.84	  	  	 	1.92	  	  	 	2.00	  	  	 	2.06	  
	60	  	 	1.78	  	  	 	1.87	  	  	 	1.97	  	  	 	2.07	  	  	 	2.17	  	  	 	2.27	  	  	 	2.36	  
	65	  	 	1.99	  	  	 	2.11	  	  	 	2.24	  	  	 	2.37	  	  	 	2.50	  	  	 	2.62	  	  	 	2.74	  
	70	  	 	2.26	  	  	 	2.41	  	  	 	2.58	  	  	 	2.76	  	  	 	2.93	  	  	 	3.11	  	  	 	3.27	  
	75	  	 	2.60	  	  	 	2.81	  	  	 	3.04	  	  	 	3.28	  	  	 	3.53	  	  	 	3.77	  	  	 	4.00	  
	80	  	 	3.07	  	  	 	3.36	  	  	 	3.68	  	  	 	4.02	  	  	 	4.37	  	  	 	4.71	  	  	 	5.04	  
	85	  	 	3.71	  	  	 	4.12	  	  	 	4.58	  	  	 	5.07	  	  	 	5.57	  	  	 	6.07	  	  	 	6.54	  

 Option 4(b) 
 Monthly Installment For Joint and Survivor (Life with 10 year Certain) 
  

																													
	 Adjusted Age

of
 Male
Annuitant*
	  	Adjusted Age of Female Annuitant*	 
	  	15 Years
Less Than
Male	 	  	12 Years
Less Than
Male	 	  	9 Years
Less Than
Male	 	  	6 Years
Less Than
Male	 	  	3 Years
Less Than
Male	 	  	Same As
Male	 	  	3 Years
More Than
Male	 
	50	  	$	1.45	  	  	$	1.51	  	  	$	1.58	  	  	$	1.66	  	  	$	1.73	  	  	$	1.80	  	  	$	1.87	  
	55	  	 	1.58	  	  	 	1.66	  	  	 	1.75	  	  	 	1.84	  	  	 	1.93	  	  	 	2.02	  	  	 	2.10	  
	60	  	 	1.75	  	  	 	1.85	  	  	 	1.95	  	  	 	2.07	  	  	 	2.18	  	  	 	2.29	  	  	 	2.41	  
	65	  	 	1.95	  	  	 	2.08	  	  	 	2.21	  	  	 	2.36	  	  	 	2.51	  	  	 	2.66	  	  	 	2.80	  
	70	  	 	2.21	  	  	 	2.37	  	  	 	2.55	  	  	 	2.74	  	  	 	2.94	  	  	 	3.14	  	  	 	3.34	  
	75	  	 	2.54	  	  	 	2.76	  	  	 	3.00	  	  	 	3.25	  	  	 	3.53	  	  	 	3.80	  	  	 	4.07	  
	80	  	 	2.98	  	  	 	3.27	  	  	 	3.60	  	  	 	3.95	  	  	 	4.32	  	  	 	4.68	  	  	 	5.02	  
	85	  	 	3.58	  	  	 	3.97	  	  	 	4.41	  	  	 	4.88	  	  	 	5.34	  	  	 	5.76	  	  	 	6.11	  

 Monthly Installment For Unisex Joint and Survivor (Life with 10 year Certain) 

 

																													
	 Adjusted Age

of
 First
Annuitant*
	  	Adjusted Age of Joint Annuitant*	 
	  	15 Years
Less Than
First	 	  	12 Years
Less Than
First	 	  	9 Years
Less Than
First	 	  	6 Years
Less Than
First	 	  	3 Years
Less Than
First	 	  	Same As
First	 	  	3 Years
More Than
First	 
	50	  	$	1.47	  	  	$	1.53	  	  	$	1.60	  	  	$	1.66	  	  	$	1.72	  	  	$	1.78	  	  	$	1.84	  
	55	  	 	1.61	  	  	 	1.68	  	  	 	1.76	  	  	 	1.84	  	  	 	1.92	  	  	 	2.00	  	  	 	2.06	  
	60	  	 	1.78	  	  	 	1.87	  	  	 	1.97	  	  	 	2.07	  	  	 	2.17	  	  	 	2.27	  	  	 	2.36	  
	65	  	 	1.99	  	  	 	2.11	  	  	 	2.24	  	  	 	2.37	  	  	 	2.50	  	  	 	2.62	  	  	 	2.74	  
	70	  	 	2.25	  	  	 	2.41	  	  	 	2.58	  	  	 	2.75	  	  	 	2.93	  	  	 	3.10	  	  	 	3.26	  
	75	  	 	2.60	  	  	 	2.81	  	  	 	3.04	  	  	 	3.27	  	  	 	3.52	  	  	 	3.75	  	  	 	3.96	  
	80	  	 	3.06	  	  	 	3.35	  	  	 	3.66	  	  	 	3.98	  	  	 	4.31	  	  	 	4.62	  	  	 	4.90	  
	85	  	 	3.68	  	  	 	4.06	  	  	 	4.48	  	  	 	4.91	  	  	 	5.33	  	  	 	5.70	  	  	 	6.00	  

  

	*	Adjusted Age as defined in Section 10. A. 


Dollar amounts of monthly, quarterly, semi-annual and annual installments and for gender combinations not shown in the above tables will be calculated on
the same basis as those shown and may be obtained from the Company (if the option is available based on Adjusted Age as described in Section 10). 

  

			
	NIC12 VA0513(NY)	  	Page 22(b)









 SECTION 13—VARIABLE INCOME OPTION TABLES 

BASED ON ASSUMED INVESTMENT RETURN 
 The amounts shown in these tables are the initial payment amounts based on a 3.0% Assumed Investment Return for each $1,000 of the policy proceeds. 

 

																											
	 	 	  	 Option 2-V(a)
	 	  	 Option 2-V(b)
	 
	 	 	  	 Monthly Installment For

Life No Period Certain
	 	  	 Monthly Installment For

Life 10 Years Certain
	 
	 Age*
	 	  	 Male
	 	  	 Female
	 	  	 Unisex
	 	  	 Male
	 	  	 Female
	 	  	 Unisex
	 
	 	50	  	  	$	3.70	  	  	$	3.47	  	  	$	3.54	  	  	$	3.68	  	  	$	3.47	  	  	$	3.53	  
	 	51	  	  	 	3.76	  	  	 	3.52	  	  	 	3.59	  	  	 	3.74	  	  	 	3.51	  	  	 	3.58	  
	 	52	  	  	 	3.82	  	  	 	3.57	  	  	 	3.65	  	  	 	3.80	  	  	 	3.56	  	  	 	3.63	  
	 	53	  	  	 	3.88	  	  	 	3.62	  	  	 	3.70	  	  	 	3.86	  	  	 	3.61	  	  	 	3.69	  
	 	54	  	  	 	3.95	  	  	 	3.68	  	  	 	3.76	  	  	 	3.92	  	  	 	3.66	  	  	 	3.74	  
	 	55	  	  	 	4.02	  	  	 	3.73	  	  	 	3.82	  	  	 	3.99	  	  	 	3.72	  	  	 	3.80	  
	 	56	  	  	 	4.09	  	  	 	3.80	  	  	 	3.89	  	  	 	4.06	  	  	 	3.78	  	  	 	3.87	  
	 	57	  	  	 	4.17	  	  	 	3.86	  	  	 	3.96	  	  	 	4.13	  	  	 	3.84	  	  	 	3.93	  
	 	58	  	  	 	4.25	  	  	 	3.93	  	  	 	4.03	  	  	 	4.21	  	  	 	3.91	  	  	 	4.00	  
	 	59	  	  	 	4.34	  	  	 	4.00	  	  	 	4.11	  	  	 	4.30	  	  	 	3.98	  	  	 	4.08	  
	 	60	  	  	 	4.44	  	  	 	4.08	  	  	 	4.19	  	  	 	4.38	  	  	 	4.05	  	  	 	4.15	  
	 	61	  	  	 	4.54	  	  	 	4.16	  	  	 	4.28	  	  	 	4.48	  	  	 	4.13	  	  	 	4.24	  
	 	62	  	  	 	4.65	  	  	 	4.25	  	  	 	4.37	  	  	 	4.57	  	  	 	4.21	  	  	 	4.32	  
	 	63	  	  	 	4.76	  	  	 	4.34	  	  	 	4.47	  	  	 	4.68	  	  	 	4.30	  	  	 	4.42	  
	 	64	  	  	 	4.89	  	  	 	4.44	  	  	 	4.58	  	  	 	4.79	  	  	 	4.39	  	  	 	4.51	  
	 	65	  	  	 	5.02	  	  	 	4.55	  	  	 	4.69	  	  	 	4.90	  	  	 	4.49	  	  	 	4.62	  
	 	66	  	  	 	5.16	  	  	 	4.66	  	  	 	4.81	  	  	 	5.02	  	  	 	4.60	  	  	 	4.73	  
	 	67	  	  	 	5.31	  	  	 	4.78	  	  	 	4.94	  	  	 	5.15	  	  	 	4.71	  	  	 	4.84	  
	 	68	  	  	 	5.47	  	  	 	4.91	  	  	 	5.08	  	  	 	5.28	  	  	 	4.83	  	  	 	4.97	  
	 	69	  	  	 	5.64	  	  	 	5.05	  	  	 	5.23	  	  	 	5.42	  	  	 	4.95	  	  	 	5.10	  
	 	70	  	  	 	5.82	  	  	 	5.21	  	  	 	5.39	  	  	 	5.56	  	  	 	5.09	  	  	 	5.23	  
	 	71	  	  	 	6.01	  	  	 	5.37	  	  	 	5.56	  	  	 	5.71	  	  	 	5.23	  	  	 	5.38	  
	 	72	  	  	 	6.22	  	  	 	5.55	  	  	 	5.75	  	  	 	5.86	  	  	 	5.37	  	  	 	5.53	  
	 	73	  	  	 	6.44	  	  	 	5.74	  	  	 	5.95	  	  	 	6.02	  	  	 	5.53	  	  	 	5.68	  
	 	74	  	  	 	6.67	  	  	 	5.94	  	  	 	6.16	  	  	 	6.19	  	  	 	5.70	  	  	 	5.85	  
	 	75	  	  	 	6.92	  	  	 	6.17	  	  	 	6.39	  	  	 	6.36	  	  	 	5.87	  	  	 	6.02	  
	 	76	  	  	 	7.18	  	  	 	6.40	  	  	 	6.64	  	  	 	6.53	  	  	 	6.05	  	  	 	6.20	  
	 	77	  	  	 	7.47	  	  	 	6.66	  	  	 	6.90	  	  	 	6.71	  	  	 	6.23	  	  	 	6.38	  
	 	78	  	  	 	7.77	  	  	 	6.94	  	  	 	7.19	  	  	 	6.89	  	  	 	6.42	  	  	 	6.57	  
	 	79	  	  	 	8.10	  	  	 	7.24	  	  	 	7.49	  	  	 	7.07	  	  	 	6.62	  	  	 	6.76	  
	 	80	  	  	 	8.45	  	  	 	7.56	  	  	 	7.83	  	  	 	7.25	  	  	 	6.82	  	  	 	6.96	  
	 	81	  	  	 	8.82	  	  	 	7.92	  	  	 	8.19	  	  	 	7.44	  	  	 	7.02	  	  	 	7.15	  
	 	82	  	  	 	9.23	  	  	 	8.30	  	  	 	8.57	  	  	 	7.62	  	  	 	7.23	  	  	 	7.35	  
	 	83	  	  	 	9.66	  	  	 	8.71	  	  	 	8.99	  	  	 	7.79	  	  	 	7.43	  	  	 	7.54	  
	 	84	  	  	 	10.12	  	  	 	9.16	  	  	 	9.44	  	  	 	7.96	  	  	 	7.63	  	  	 	7.73	  
	 	85	  	  	 	10.61	  	  	 	9.64	  	  	 	9.93	  	  	 	8.13	  	  	 	7.82	  	  	 	7.92	  
	 	86	  	  				  				  				  	 	8.29	  	  	 	8.00	  	  	 	8.09	  
	 	87	  	  				  				  				  	 	8.44	  	  	 	8.18	  	  	 	8.26	  
	 	88	  	  				  				  				  	 	8.58	  	  	 	8.34	  	  	 	8.42	  
	 	89	  	  				  				  				  	 	8.71	  	  	 	8.50	  	  	 	8.57	  
	 	90	  	  				  				  				  	 	8.84	  	  	 	8.64	  	  	 	8.70	  
	 	91	  	  				  				  				  	 	8.95	  	  	 	8.77	  	  	 	8.83	  
	 	92	  	  				  				  				  	 	9.06	  	  	 	8.89	  	  	 	8.95	  
	 	93	  	  				  				  				  	 	9.15	  	  	 	9.01	  	  	 	9.06	  
	 	94	  	  				  				  				  	 	9.24	  	  	 	9.11	  	  	 	9.15	  
	 	95	  	  				  				  				  	 	9.32	  	  	 	9.20	  	  	 	9.24	  
	 	96	  	  				  				  				  	 	9.39	  	  	 	9.29	  	  	 	9.32	  
	 	97	  	  				  				  				  	 	9.45	  	  	 	9.36	  	  	 	9.39	  
	 	98	  	  				  				  				  	 	9.49	  	  	 	9.43	  	  	 	9.45	  
	 	99	  	  				  				  				  	 	9.53	  	  	 	9.48	  	  	 	9.50	  

  

	*	Adjusted Age as defined in Section 10.A. 


Dollar amounts of monthly, quarterly, semi-annual and annual installments not shown in the above tables will be calculated on the same basis as those
shown and may be obtained from the Company (if the option is available based on Adjusted Age as described in Section 10). 

  

			
	NIC12 VA0513(NY)	  	Page 22(c)









 Option 4V 
 Monthly Installment For Joint and Survivor 
  

																															
	 Adjusted
Age

of
 Male
Annuitant*
	 	  	Adjusted Age of Female Annuitant*	 
	  	15 Years
Less Than
Male	 	  	12 Years
Less Than
Male	 	  	9 Years
Less Than
Male	 	  	6 Years
Less Than
Male	 	  	3 Years
Less Than
Male	 	  	Same As
Male	 	  	3 Years
More Than
Male	 
	 	50	  	  	$	2.96	  	  	$	3.01	  	  	$	3.06	  	  	$	3.12	  	  	$	3.18	  	  	$	3.24	  	  	$	3.31	  
	 	55	  	  	 	3.07	  	  	 	3.14	  	  	 	3.21	  	  	 	3.28	  	  	 	3.36	  	  	 	3.44	  	  	 	3.52	  
	 	60	  	  	 	3.21	  	  	 	3.30	  	  	 	3.39	  	  	 	3.49	  	  	 	3.59	  	  	 	3.70	  	  	 	3.81	  
	 	65	  	  	 	3.40	  	  	 	3.51	  	  	 	3.64	  	  	 	3.77	  	  	 	3.91	  	  	 	4.05	  	  	 	4.20	  
	 	70	  	  	 	3.64	  	  	 	3.79	  	  	 	3.96	  	  	 	4.14	  	  	 	4.34	  	  	 	4.54	  	  	 	4.74	  
	 	75	  	  	 	3.97	  	  	 	4.17	  	  	 	4.41	  	  	 	4.66	  	  	 	4.93	  	  	 	5.22	  	  	 	5.50	  
	 	80	  	  	 	4.41	  	  	 	4.70	  	  	 	5.03	  	  	 	5.39	  	  	 	5.79	  	  	 	6.19	  	  	 	6.60	  
	 	85	  	  	 	5.03	  	  	 	5.45	  	  	 	5.92	  	  	 	6.45	  	  	 	7.02	  	  	 	7.59	  	  	 	8.15	  

 Monthly Installment For Unisex Joint and Survivor 

 

																															
	 Adjusted
Age

of
 First
Annuitant*
	 	  	Adjusted Age of Joint Annuitant*	 
	  	15 Years
Less Than
First	 	  	12 Years
Less Than
First	 	  	9 Years
Less Than
First	 	  	6 Years
Less Than
First	 	  	3 Years
Less Than
First	 	  	Same As
First	 	  	3 Years
More Than
First	 
	 	50	  	  	$	2.97	  	  	$	3.02	  	  	$	3.07	  	  	$	3.12	  	  	$	3.18	  	  	$	3.23	  	  	$	3.28	  
	 	55	  	  	 	3.09	  	  	 	3.15	  	  	 	3.22	  	  	 	3.29	  	  	 	3.35	  	  	 	3.42	  	  	 	3.48	  
	 	60	  	  	 	3.24	  	  	 	3.32	  	  	 	3.41	  	  	 	3.49	  	  	 	3.58	  	  	 	3.67	  	  	 	3.76	  
	 	65	  	  	 	3.43	  	  	 	3.54	  	  	 	3.65	  	  	 	3.77	  	  	 	3.89	  	  	 	4.02	  	  	 	4.13	  
	 	70	  	  	 	3.68	  	  	 	3.83	  	  	 	3.98	  	  	 	4.15	  	  	 	4.32	  	  	 	4.49	  	  	 	4.65	  
	 	75	  	  	 	4.02	  	  	 	4.22	  	  	 	4.44	  	  	 	4.67	  	  	 	4.92	  	  	 	5.16	  	  	 	5.39	  
	 	80	  	  	 	4.49	  	  	 	4.77	  	  	 	5.08	  	  	 	5.42	  	  	 	5.76	  	  	 	6.11	  	  	 	6.45	  
	 	85	  	  	 	5.14	  	  	 	5.54	  	  	 	6.00	  	  	 	6.48	  	  	 	6.99	  	  	 	7.50	  	  	 	7.97	  

  

	*	Adjusted Age as defined in Section 10.A. 


Dollar amounts of monthly, quarterly, semi-annual, and annual installments and for gender combinations not shown in the above tables will be calculated
on the same basis as those shown and may be obtained from the Company (if the option is available based on Adjusted Age as described in Section 10). 

  

			
	NIC12 VA0513(NY)	  	Page 22(d)









 This page left intentionally blank 








			
	 	  	Home Office located at:
	 




	  	440 Mamaroneck Avenue, Harrison, New York 10528
	  	Adm. Office located at:
	  	4333 Edgewood Road N.E. Cedar Rapids, Iowa 52499
	  	(319) 355-8511
	  	www.transamericaannuities.com

 GUARANTEED MINIMUM DEATH BENEFIT RIDER 
 The fee for this rider is included in the mortality and expense risk fee and the administrative charge, which is shown in Section 2—Policy Data, of the policy to which this rider is attached.

 The Guaranteed Minimum Death Benefit provision in the Death Proceeds Section of the policy to which this rider is attached, is amended to
include the addition of the following language: 
 The amount of this Guaranteed Minimum Death Benefit is equal to 100% of the total premiums
paid for this policy, less any Adjusted Withdrawals (as described below), as of the date of death. 
 A withdrawal as provided in Section 5
of the policy will reduce the Guaranteed Minimum Death Benefit by an amount referred to as the “Adjusted Withdrawal”. The Adjusted Withdrawal may be a different amount than the gross withdrawal. If at the time of the withdrawal, the Policy
Value is greater than or equal to the death proceeds, the Adjusted Withdrawal will equal the gross withdrawal. If at the time of the withdrawal, the Policy Value is less than the death proceeds, the Adjusted Withdrawal will be greater than the gross
withdrawal. 
 The Adjusted Withdrawal is equal to the gross withdrawal multiplied by the death proceeds immediately prior to the withdrawal
divided by the Policy Value immediately prior to the withdrawal. The formula is AW = GW x (DP/PV) where: 
  

	GW	= Gross withdrawal 


	DP	= Death proceeds prior to the withdrawal = greater of (PV or GMDB) 


	PV	= Policy Value prior to the withdrawal 


	GMDB	= Guaranteed Minimum Death Benefit prior to the withdrawal 

 The death benefit amount cannot be withdrawn as a lump sum. 
 The amount of the death
benefit will be included in a report sent to You at least once each year until the Annuity Commencement Date as described in Section 3, Reports to Owner provision, in the policy. 
 This rider is effective on the Policy Date and can only be terminated when the policy to which this rider is attached terminates, including when the Policy Value becomes zero, or is annuitized. Once
terminated the rider fee will also terminate. This rider is subject to all the terms and conditions of the policy not inconsistent herewith. In the event of any conflict between the provisions of this rider and provisions of the policy, the
provisions of this rider shall prevail over the provisions of the policy. 
 Signed for us at our home office. 

 

							
		  	



	  	



	  	
		  	SECRETARY	  	PRESIDENT	  	


  

					
	RGMD80513(NY)	 		  	










			
	 




	  	Home Office located at:
	  	440 Mamaroneck Avenue, Harrison, New York 10528
	  	Adm. Office located at:
	  	4333 Edgewood Road N.E. Cedar Rapids, Iowa 52499
	  	(319) 355-8511

 GUARANTEED LIFETIME WITHDRAWAL BENEFIT 
 This rider is issued as a part of the policy to which it is attached. All provisions of the policy that do not conflict with this rider apply to this rider. In the event of any conflict between the
provisions of this rider and the provisions of the policy, the provisions of this rider shall prevail over the provisions of the policy. 
 This
rider is effective on the Policy Date. This rider is subject to all the terms and conditions of the policy not inconsistent herewith. 
 Data Specification 
  

							
		 	Policy Number:	  	12345	  	
		 	Benefit Issue Date:	  	05/01/2013	  	
		 	Growth Rate Percentage:	  	5.00%	  	
		 	Initial Benefit Fee Percentage*:	  	1.25%	  	
		 	Annuitant:	  	John Doe	  	
		 	Annuitant’s Issue Age/Sex:	  	35 / Male	  	

  

	*	The initial benefit fee percentage is also the maximum benefit fee percentage for the life of the policy, provided there are no automatic step-ups. When an automatic
step-up is utilized, the maximum benefit fee percentage will be 0.75% greater than the initial benefit fee percentage shown above. 

 Guaranteed Lifetime Withdrawal Benefit: The withdrawal percentage is determined by the attained age and is used to determine the Benefit Withdrawal Amount as described in Article III. The
withdrawal percentages are shown in the table below. 
  

			
	 Attained Age
	  	 Withdrawal
Percentage

	 65 - 79
	  	5.5%
	 80 +
	  	6.5%

 ARTICLE I 
 This rider provides a minimum withdrawal benefit that guarantees, upon election, a series of withdrawals from the policy equal to the withdrawal percentage applied to the Withdrawal Base. The
Withdrawal Base is established for the sole purpose of determining the minimum withdrawal benefit and is not used in calculating the cash surrender value or other guaranteed benefits 
 DEFINITIONS: 
 Terms used that are not defined herein shall have the same meaning as those
in Your policy. 
 Benefit Anniversary 
 The anniversary of the benefit issue date. 
 Benefit Fee 

The fees charged for this benefit. The fees will be charged by the Company at the end of each Benefit Quarter. 

  

					
	NIC13 RGMB460513(IS)(NY)	 	(1)	  	(Income-Single)









 ARTICLE I CONTINUED 
 Benefit Monthiversary 
 The same day of the month as the benefit issue date, or the next
Market Day if our Administrative Office or the New York Stock Exchange is closed. If a certain date does not exist in a given month, the first day of the following month will be used. 
 Benefit Quarter 
 Each three-month period beginning on the benefit issue date. 

Benefit Withdrawal Amount 
 The maximum
amount that can be withdrawn from the policy each Benefit Year without causing an Excess Withdrawal under the terms of this Guaranteed Lifetime Withdrawal Benefit and thus reducing the Withdrawal Base. This amount will change if the Withdrawal Base
changes. 
 Benefit Year 
 Each
twelve-month period following the benefit issue date shown on page 1, in the Data Specification section. 
 Excess Withdrawal 

As used to determine benefits under this Guaranteed Lifetime Withdrawal Benefit, the excess of a Gross Partial Withdrawal over the Benefit Withdrawal
Amount remaining prior to the withdrawal, if any. 
 Gross Partial Withdrawal 
 The amount which will be deducted from Your Policy Value as a result of each partial withdrawal. 

Withdrawal Base 
 The amount used to
calculate the Benefit Withdrawal Amount and the Benefit Fee. This amount is not payable upon Surrender or as a death benefit. 

ARTICLE II 
 BENEFIT FEE

 The Benefit Fee is deducted on each Benefit Quarter. The Benefit Fee is calculated at issue and at the beginning of each Benefit Quarter
for the upcoming quarter. It will be deducted automatically from each Subaccount on a pro rata basis at the end of each Benefit Quarter. The initial benefit fee percentage and maximum benefit fee percentage are described on page 1, in the Data
Specification section. The benefit fee percentage will not change during the first Benefit Year, and will only change thereafter due to an automatic step-up. You will be notified of any increase in the benefit fee percentage. A portion of this fee
will also be deducted when the benefit is terminated based on the number of days that have elapsed since the previous Benefit Quarter. The Benefit Fee will apply for the life of this rider. 

The fee will be adjusted if the Withdrawal Base is adjusted during the Benefit Quarter. 
 The quarterly fee is calculated as follows: 
 Multiply (1) by (2) by (3). 

 

	1)	Withdrawal Base; 

  

	2)	Benefit fee percentage; 

  

	3)	Number of days remaining in the Benefit Quarter divided by the number of days within the applicable Benefit Year. 


Please see the Appendix attached to this rider which illustrates how the Benefit Fee is calculated. 

  

					
	NIC13 RGMB460513(IS)(NY)	 	(2)	  	(Income-Single)









 ARTICLE III 
 GUARANTEED LIFETIME WITHDRAWAL BENEFIT 
 We guarantee that You can receive up to the Benefit
Withdrawal Amount each Benefit Year, regardless of the Policy Value, (first as withdrawals from Your Policy Value and, if necessary, as payments from us) until the Annuitant’s death. This benefit requires the Annuitant to also be an Owner,
except in the case of non-natural Owners. Such non-natural Owners must be established for the benefit of the Annuitant. Once this benefit is issued the Annuitant cannot be changed, except in certain circumstances when the underlying Individual
Retirement Annuity (IRA) policy is transferred pursuant to a divorce. In the event of a divorce, this benefit will continue provided the Annuitant remains an Owner. 
 The withdrawal percentage is determined by the attained age (age at last birthday) of the Annuitant at the time of the first withdrawal. Once the withdrawal percentage is established, it may only be
changed by an automatic step-up. Upon an automatic step-up, the withdrawal percentage will be reset based on the attained age at the time of the automatic step-up. The withdrawal percentages are shown in the table in the Data Specification section.

 Withdrawals will reduce the Policy Value and death benefit of the policy to which this benefit is attached. If the Policy Value equals zero,
You cannot make subsequent Premium Payments and all other policy features, benefits and guarantees are no longer available. Also, if the Policy Value equals zero, You will need to request payments by selecting the amount and frequency in accordance
with the policy provisions to which this benefit attaches, equal to the Benefit Withdrawal Amount. Once the payment amount and frequency are established, they cannot be changed and no additional withdrawals will be allowed. 

We guarantee that You may withdraw up to the Benefit Withdrawal Amount each year regardless of the Policy Value until the Annuitant’s death.

 Example 
 Assume You are the Owner and Annuitant and begin taking withdrawals at age 75 and Your Withdrawal Base is $100,000. Assuming a withdrawal percentage of 5.5%, You could withdraw up to $5,500 each Benefit
Year for the rest of Your life (assuming that You do not withdraw more than $5,500 in any one Benefit Year). 
 Any amount You withdraw in
excess of the Benefit Withdrawal Amount may impact the Withdrawal Base on a greater than dollar-for-dollar basis. 
 The Guaranteed Lifetime
Withdrawal Benefit can only be taken as a withdrawal benefit and it does not increase the Policy Value. 
 ISSUE AGE AND SURVIVAL

 The benefits require the Annuitant being alive at the time of withdrawal and the amount of the benefit depends on the attained age of the
Annuitant. Reasonable proof of survival and the date of birth may be required by the Company. 
 If the Annuitant’s age has been misstated,
this benefit’s fees and benefits will be adjusted to the amounts which would have been calculated for the correct age. However, if this benefit and policy would not have been issued had the age not been misstated, the benefit and policy is
treated as if it never existed, and any fees charged for this benefit would be returned. If withdrawals under the provisions of the benefit have already commenced and the misstatement caused the Benefit Withdrawal Amount to be overstated, any
withdrawal in excess of the correct Benefit Withdrawal Amount will be considered an Excess Withdrawal and will impact the Withdrawal Base and Benefit Withdrawal Amount. If overpayments occurred when the sum of the accumulated values in all the
Subaccounts was zero, the amount of that overpayment will be deducted from one or more future payments until this amount is paid in full. Any underpayment or overpayment will include annual interest at a rate of 1% per year, from the date of
the underpayment or overpayment to the date of the adjustment. 
 BENEFIT WITHDRAWAL AMOUNT 

The Benefit Withdrawal Amount will be equal to the greater of 1) and 2), where: 

 

	1)	is the withdrawal percentage multiplied by the Withdrawal Base; 

  

	2)	is an amount equal to the minimum required distribution amount, if any. Prior to the 1st Benefit Anniversary, this amount is based on the Policy Value on the benefit
issue date. After this time, the minimum required distribution is calculated based on the rules established by the IRS. The minimum required distribution may only be used if all of the following are true: 


  

					
	NIC13 RGMB460513(IS)(NY)	 	(3)	  	(Income-Single)









 ARTICLE III CONTINUED 

 

	 	A)	the policy to which this benefit is attached is a tax-qualified policy for which IRS minimum required distributions are required, 


 

	 	B)	the minimum required distributions do not start prior to the Annuitant’s attained age 70 1/2, 


 

	 	C)	the minimum required distributions are based on either the Uniform Lifetime table or the Joint Life and Last Survivor Expectancy table, 


 

	 	D)	the minimum required distributions are based on age of the living Annuitant. The minimum required distributions can not be based on the age of someone who is deceased,


  

	 	E)	the minimum required distributions are based only on the policy to which this benefit is attached, and 


 

	 	F)	the minimum required distributions are only for the current Benefit Year. Amounts carried over from past Benefit Years are not considered. 


If any of the above are not true, then 2) is equal to zero and it is not available as a Benefit Withdrawal Amount. 

If You withdraw less than the Benefit Withdrawal Amount in a Benefit Year, the unused portion cannot be carried over to the next Benefit Year.

 Surrender charges may apply if Your Benefit Withdrawal Amount exceeds Your surrender charge-free amount. 

WITHDRAWAL BASE 
 The Withdrawal Base is
used to calculate the Benefit Withdrawal Amount. On the benefit issue date, the initial Withdrawal Base is equal to the Policy Value. During any Benefit Year, the Withdrawal Base is increased by subsequent Premium Payments, and is reduced for Excess
Withdrawals. 
 On each Benefit Anniversary, the Withdrawal Base will be set to the greatest of: 

 

	 	1)	The current Withdrawal Base; 

  

	 	2)	The Policy Value on the Benefit Anniversary; 

  

	 	3)	The highest Policy Value on a Benefit Monthiversary for the current Benefit Year; or 


 

	 	4)	The current Withdrawal Base immediately prior to Benefit Anniversary processing increased by the growth rate percentage. 


Item 3) above will be zero if there have been any Excess Withdrawals in the current Benefit Year. Item 4) above will be zero after the 10th
Benefit Anniversary or if there have been any withdrawals in the current Benefit Year. 
 AUTOMATIC STEP-UP FEATURE 

The benefit receives an automatic step-up on the Benefit Anniversary if the Withdrawal Base is set equal to the Policy Value or the highest Policy Value
on a Benefit Monthiversary. This benefit will continue with the same benefit issue date and features. The Benefit Fee may change and withdrawal percentage may increase due to an automatic step-up. Beginning with the first 

Benefit Anniversary, the benefit fee percentage may be increased if there is an automatic step-up, but will not exceed the maximum benefit fee percentage
described in the Data Specification section. 
 You have the right to reject an automatic step-up within 30 days following a Benefit
Anniversary, if the benefit fee percentage increases. If You reject an automatic step-up, You must notify us in a manner which is acceptable to us, however You are eligible for future automatic step-ups. Changes as a result of the automatic step-up
feature will be reversed. Any increase in the Benefit Fee or withdrawal percentages will also be reversed. 

  

					
	NIC13 RGMB460513(IS)(NY)	 	(4)	  	(Income-Single)









 ARTICLE III CONTINUED 
 WITHDRAWAL BASE ADJUSTMENTS 
 Gross Partial Withdrawals, taken in a Benefit Year, less than
or equal to the Benefit Withdrawal Amount will not reduce the Withdrawal Base. Excess Withdrawals will reduce the Withdrawal Base by the withdrawal base adjustment which may be more than the dollar amount of the Excess Withdrawal. The
withdrawal base adjustment is the greater of 1) and 2), where: 
  

	1)	is the Excess Withdrawal amount; and 

  

	2)	is the result of (A multiplied by B), divided by C, where: 

  

	 	A)	is the Excess Withdrawal; 

  

	 	B)	is the Withdrawal Base prior to the Excess Withdrawal Amount; and 

  

	 	C)	is the Policy Value after the Benefit Withdrawal Amount has been withdrawn, but prior to the withdrawal of the Excess Withdrawal Amount. 


ARTICLE IV 
 CONTINUATION

 In the case of spousal joint Owners where one spouse is the Annuitant, if the spouse who is not the Annuitant dies and the surviving
spouse is the sole beneficiary, the benefit continues with the same values. In the case of spousal joint Owners where one spouse is the Annuitant, if the spouse who is the Annuitant dies, this benefit will terminate. 

In the case of non-spousal joint Owners where an Owner who is not the Annuitant dies, the surviving Owner (who is treated as the designated beneficiary)
may elect to receive lifetime income payments under this benefit instead of receiving any benefits applicable to the policy. The lifetime income payments must begin no later than 1 year after the Owner’s death and will be equal to the Benefit
Withdrawal Amount divided by the number of payments made per year. Once the payments begin, no additional Premium Payments will be accepted and no additional withdrawals will be paid. Regardless if income payments are or are not elected, this
benefit will terminate 1 year following the Owner’s death. 
 ANNUITIZATION 
 On the last available Annuity Commencement Date, as described in Your policy, You will have the option to receive payments, under the Life Income Option, that are no less than Your Benefit Withdrawal
Amount each year. Upon election of an Income Option, this benefit will terminate. 
 REPORTS TO OWNER 

We will give You a report at least once each Policy Year. Before You are eligible to receive the Benefit Withdrawal Amount, the report will direct You to
contact the Company for information regarding Your Benefit Withdrawal Amount. After You are eligible for Your Benefit Withdrawal Amount, this amount will be included in the report. 
 TERMINATION 
 This Guaranteed Lifetime Withdrawal Benefit will terminate upon the earlier
of: 
  

	1)	the policy to which this benefit is attached terminates; 

  

	2)	the date you elect an Income Option; 

  

	3)	the date of the Annuitant’s death; 

  

	4)	1 year after the death of the non-spousal Owner; or 

  

	5)	a change in ownership which violates the Owner and Annuitant relationship requirements as set forth in Article III. 


After termination, Benefit Fees will no longer be assessed. 
 Signed for us at our home office. 
  

							
		  	



	  	



	  	
		  	SECRETARY	  	PRESIDENT	  	


  

					
	NIC13 RGMB460513(IS)(NY)	 	(5)	  	(Income-Single)









 APPENDIX 
 The quarterly fee is calculated as follows: 
 Multiply (1) by (2) by
(3) where: 
  

	1)	Withdrawal Base 

  

	2)	Benefit fee percentage; 

  

	3)	Number of days in the Benefit Quarter divided by the number of days within the applicable Benefit Year. 


 

	The	fee adjustment for Withdrawal Base Adjustments is calculated as follows: 

 Multiply (1) by (2) by (3) where: 
  

	1)	Withdrawal Base change (i.e. Withdrawal Base after the transaction minus the Withdrawal Base before the transaction) 


 

	2)	Benefit fee percentage; 

  

	3)	Number of days remaining in the Benefit Quarter divided by the number of days within the applicable Benefit Year. 


The following 4 examples show sample calculations based on the following hypothetical assumptions: 

 

	 	•	 	 Benefit fee percentage is 1.25%. Your actual benefit fee percentage may be different. 



 

	 	•	 	 Benefit Year is not a leap year. 


 Example 1: Calculation at benefit issue for first quarter fee assuming an initial Withdrawal Base of $100,000. 
 = 100,000 * .0125 * (91/365) 
 = 1250.00 * (91/365) 

= $311.64 
 Example 2:
Calculation for first quarter fee assuming initial Withdrawal Base from Example 1 above, plus adjustment for additional premium payment of $10,000 made with 20 days remaining in the first Benefit Quarter. The Withdrawal Base change and total
transaction amount equal $10,000. 
 Fee adjustment as follows: 
 = 10,000 * .0125 * (20/365) 
 = 125.00 * (20/365) 

= $6.85 
 Total fee assessed on
first quarterversary (assuming no further Benefit Fee adjustments): 
 = $6.85 + $311.64 

= $318.49 
 Example 3:
Calculation for second quarter fee at beginning of second Benefit Quarter, assuming Withdrawal Base of $110,000. 
 = 110,000 *
..0125 * (91/365) 
 = 1,375.00 * (91/365) 
 = $342.81 

  

					
	NIC13 RGMB460513(IS)(NY)	 	(A-1)	  	(Income-Single)









 Example 4: Calculation for second quarter fee assuming beginning Withdrawal Base as in Example 3
above, plus adjustments for an excess withdrawal of $10,000 taken with 40 days remaining in the second Benefit Quarter. Assumes a Policy Value of $97,000 prior to the excess withdrawal and change in Withdrawal Base as follows: 

Withdrawal Base Adjustment = Max (excess withdrawal, excess withdrawal * Withdrawal Base prior to the excess withdrawal / Policy Value before the excess
withdrawal) = Max 10,000, 10,000 * 110,000 / 97,000 = Max (10,000, 11,340.21) = $11,340.21 
 Fee adjustment as follows: 

= - 11,340.21 * .0125 * (40/365) 
 = - 141.75 * (40/365) 
 = $-15.53 

Total fee assessed on second quarterversary (assuming no further Benefit Fee adjustments): 

= 342.81 - 15.53 

= $327.27 
 The new Withdrawal
Base = $110,000 - $11,340.21 = $98,659.79 

  

					
	NIC13 RGMB460513(IS)(NY)	 	(A-2)	  	(Income-Single)










			
	



	  	 Home Office located at:

440 Mamaroneck Avenue, Harrison, New York 10528
 Adm. Office located at:
 4333 Edgewood Road N.E. Cedar Rapids, lowa
52499

	  	(319) 355-8511
	  	www.transamericaannuities.com


  

			
	NIC12 VA0513(NY)	  	Page 24










			
	



	  	 Home Office located at:

440 Mamaroneck Avenue, Harrison, New York 10528
 Adm. Office located at:
 4333 Edgewood Road N.E. Cedar Rapids, Iowa 52499

(319) 355-8511


 GUARANTEED LIFETIME WITHDRAWAL BENEFIT 
 This rider is issued as a part of the policy to which it is attached. All provisions of the policy that do not conflict with this rider apply to this rider. In the event of any conflict between the
provisions of this rider and the provisions of the policy, the provisions of this rider shall prevail over the provisions of the policy. 
 This
rider is effective on the Policy Date. This rider is subject to all the terms and conditions of the policy not inconsistent herewith. 
 Data Specification 
  

			
	 Policy Number:
 Benefit Issue Date:
 Growth Rate Percentage:

Initial Benefit Fee Percentage*:
 Annuitant:
	  	 12345
 05/01/2013

5.00%
 1.25%

John Doe

		
	 Annuitant’s Issue Age/Sex:
 Annuitant’s Spouse:
 Annuitant’s Spouse’s Issue
Age/Sex:
	  	 35 / Male
 Jane Doe

35 / Female


  

	*	The initial benefit fee percentage is also the maximum benefit fee percentage for the life of the policy, provided there are no automatic step-ups. When an automatic
step-up is utilized, the maximum benefit fee percentage will be 0.75% greater than the initial benefit fee percentage shown above. 

 Guaranteed Lifetime Withdrawal Benefit: The withdrawal percentage is determined by the attained age and is used to determine the Benefit Withdrawal Amount as described in Article III. The
withdrawal percentages are shown in the table below. 
  

			
	 Attained
Age
	  	 Withdrawal

Percentage

	 65 -79
	  	5.0%
	 80 +
	  	6.0%

 ARTICLE I 
 This rider provides a minimum withdrawal benefit that guarantees, upon election, a series of withdrawals from the policy equal to the withdrawal percentage applied to the Withdrawal Base. The
Withdrawal Base is established for the sole purpose of determining the minimum withdrawal benefit and is not used in calculating the cash surrender value or other guaranteed benefits. 
 DEFINITIONS: 
 Terms used that are not defined herein shall have the same meaning as
those in Your policy. 
 Benefit Anniversary 
 The anniversary of the benefit issue date. 
 Benefit Fee 

The fees charged for this benefit. The fees will be charged by the Company at the end of each Benefit Quarter. 

  

					
	NIC13 RGMB460513(IJ)(NY)	 	(1)	  	(Income-Joint)









 ARTICLE I CONTINUED 
 Benefit Monthiversary 
 The same day of the month as the benefit issue date, or the next
Market Day if our Administrative Office or the New York Stock Exchange is closed. If a certain date does not exist in a given month, the first day of the following month will be used. 
 Benefit Quarter 
 Each three-month period beginning on the benefit issue date. 

Benefit Withdrawal Amount 
 The maximum
amount that can be withdrawn from the policy each Benefit Year without causing an Excess Withdrawal under the terms of this Guaranteed Lifetime Withdrawal Benefit and thus reducing the Withdrawal Base. This amount will change if the Withdrawal Base
changes. 
 Benefit Year 
 Each
twelve-month period following the benefit issue date shown on page 1, in the Data Specification section. 
 Excess Withdrawal 

As used to determine benefits under this Guaranteed Lifetime Withdrawal Benefit, the excess of a Gross Partial Withdrawal over the Benefit Withdrawal
Amount remaining prior to the withdrawal, if any. 
 Gross Partial Withdrawal 
 The amount which will be deducted from Your Policy Value as a result of each partial withdrawal. 

Withdrawal Base 
 The amount used to
calculate the Benefit Withdrawal Amount and the Benefit Fee. This amount is not payable upon Surrender or as a death benefit. 

ARTICLE II 
 BENEFIT FEE

 The Benefit Fee is deducted on each Benefit Quarter. The Benefit Fee is calculated at issue and at the beginning of each Benefit Quarter
for the upcoming quarter. It will be deducted automatically from each Subaccount on a pro rata basis at the end of each Benefit Quarter. The initial benefit fee percentage and maximum benefit fee percentage are described on page 1, in the Data
Specification section. The benefit fee percentage will not change during the first Benefit Year, and will only change thereafter due to an automatic step-up. You will be notified of any increase in the benefit fee percentage. A portion of this fee
will also be deducted when the benefit is terminated based on the number of days that have elapsed since the previous Benefit Quarter. The Benefit Fee will apply for the life of this rider. 

The fee will be adjusted if the Withdrawal Base is adjusted during the Benefit Quarter. 
 The quarterly fee is calculated as follows: 
 Multiply (1) by (2) by (3). 

 

	1)	Withdrawal Base; 


	2)	Benefit fee percentage; 


	3)	Number of days remaining in the Benefit Quarter divided by the number of days within the applicable Benefit Year. 


Please see the Appendix attached to this rider which illustrates how the Benefit Fee is calculated. 

  

					
	NIC13 RGMB460513(IJ)(NY)	 	(2)	  	(Income-Joint)









 ARTICLE III 
 GUARANTEED LIFETIME WITHDRAWAL BENEFIT 
 We guarantee that You can receive up to the Benefit
Withdrawal Amount each Benefit Year, regardless of the Policy Value, (first as withdrawals from Your Policy Value and, if necessary, as payments from us) until the Annuitant’s or the Annuitant’s spouse’s death. This benefit requires
the Annuitant to also be an Owner, except in the case of non-natural Owners. Such non-natural Owners must be established for the benefit of the Annuitant. Once this benefit is issued the Annuitant cannot be changed, except in certain circumstances
when the underlying Individual Retirement Annuity (IRA) policy is transferred pursuant to a divorce, or a surviving spouse continues the policy pursuant to the Continuation provision in Article IV. In the event of a divorce, this benefit will
continue during the life of the Annuitant provided the Annuitant remains an Owner. 
 The withdrawal percentage is determined by the attained
age (age at last birthday) of the younger of the living spouses at the time of the first withdrawal. Once the withdrawal percentage is established, it may only be changed by an automatic step-up. Upon an automatic step-up, the withdrawal percentage
will be reset based on the attained age of the younger of the living spouses at the time of the automatic step-up. The withdrawal percentages are shown in the table in the Data Specification section. 

Withdrawals will reduce the Policy Value and death benefit of the policy to which this benefit is attached. If the Policy Value equals zero, You cannot
make subsequent Premium Payments and all other policy features, benefits and guarantees are no longer available. Also, if the Policy Value equals zero, You will need to request payments by selecting the amount and frequency in accordance with the
policy provisions to which this benefit attaches, equal to the Benefit Withdrawal Amount. Once the payment amount and frequency are established, they cannot be changed and no additional withdrawals will be allowed. 

We guarantee that You may withdraw up to the Benefit Withdrawal Amount each year regardless of the Policy Value until the Annuitant’s death.

 Example 
 Assume the younger of the Annuitant and the Annuitant’s spouse is 65 and withdrawals begin and Your Withdrawal Base is $100,000. Assuming a withdrawal percentage of 5.0%, You could withdraw up to
$5,000 each Benefit Year until the Annuitant’s or the Annuitant’s spouse’s death, which ever is later (assuming that You do not withdraw more than $5,000 in any one Benefit Year). 

Any amount You withdraw in excess of the Benefit Withdrawal Amount may impact the Withdrawal Base on a greater than dollar-for-dollar basis. 

The Guaranteed Lifetime Withdrawal Benefit can only be taken as a withdrawal benefit and it does not increase the Policy Value. 

ISSUE AGE AND SURVIVAL 
 The benefits
require the Annuitant or Annuitant’s spouse being alive at the time of withdrawal and the amount of the benefit depends on the attained age of the Annuitant and Annuitant’s spouse. Reasonable proof of survival and the date of birth may be
required by the Company. 
 If the younger of the spouse’s age has been misstated, this benefit’s fees and benefits will be adjusted
to the amounts which would have been calculated for the correct age. However, if this benefit and policy would not have been issued had the age not been misstated, the benefit and policy is treated as if it never existed, and any fees charged for
this benefit would be returned. If withdrawals under the provisions of the benefit have already commenced and the misstatement caused the Benefit Withdrawal Amount to be overstated, any withdrawal in excess of the correct Benefit Withdrawal Amount
will be considered an Excess Withdrawal and will impact the Withdrawal Base and Benefit Withdrawal Amount. If overpayments occurred when the sum of the accumulated values in all the Subaccounts was zero, the amount of that overpayment will be
deducted from one or more future payments until this amount is paid in full. Any underpayment or overpayment will include annual interest at a rate of 1% per year, from the date of the underpayment or overpayment to the date of the adjustment.


  

					
	NIC13 RGMB460513(IJ)(NY)	 	(3)	  	(Income-Joint)









 ARTICLE III CONTINUED 
 BENEFIT WITHDRAWAL AMOUNT 
 The Benefit Withdrawal Amount will be equal to the greater of 1)
and 2), where: 
  

	1)	is the withdrawal percentage multiplied by the Withdrawal Base; 

  

	2)	is an amount equal to the minimum required distribution amount, if any. Prior to the 1st Benefit Anniversary, this amount is based on the Policy Value on the benefit
issue date. After this time, the minimum required distribution is calculated based on the rules established by the IRS. The minimum required distribution may only be used if all of the following are true: 


 

	 	A)	the policy to which this benefit is attached is a tax-qualified policy for which IRS minimum required distributions are required, 


 

	 	B)	the minimum required distributions do not start prior to the Annuitant’s attained age 70 1/2, 


 

	 	C)	the minimum required distributions are based on either the Uniform Lifetime table or the Joint Life and Last Survivor Expectancy table, 


 

	 	D)	the minimum required distributions are based on age of the living Annuitant or the Annuitant’s spouse. The minimum required distributions can not be based on the
age of someone who is deceased, 

  

	 	E)	the minimum required distributions are based only on the policy to which this benefit is attached, and 


 

	 	F)	the minimum required distributions are only for the current Benefit Year. Amounts carried over from past Benefit Years are not considered. 


If any of the above are not true, then 2) is equal to zero and it is not available as a Benefit Withdrawal Amount. 

If You withdraw less than the Benefit Withdrawal Amount in a Benefit Year, the unused portion cannot be carried over to the next Benefit Year.

 Surrender charges may apply if Your Benefit Withdrawal Amount exceeds Your surrender charge-free amount. 

WITHDRAWAL BASE 
 The Withdrawal Base is
used to calculate the Benefit Withdrawal Amount. On the benefit issue date, the initial Withdrawal Base is equal to the Policy Value. During any Benefit Year, the Withdrawal Base is increased by subsequent Premium Payments, and is reduced for Excess
Withdrawals. 
 On each Benefit Anniversary, the Withdrawal Base will be set to the greatest of: 

 

	 	1)	The current Withdrawal Base; 

  

	 	2)	The Policy Value on the Benefit Anniversary; 

  

	 	3)	The highest Policy Value on a Benefit Monthiversary for the current Benefit Year; or 


 

	 	4)	The current Withdrawal Base immediately prior to Benefit Anniversary processing increased by the growth rate percentage. 


Item 3) above will be zero if there have been any Excess Withdrawals in the current Benefit Year. Item 4) above will be zero after the 10th
Benefit Anniversary or if there have been any withdrawals in the current Benefit Year. 
 AUTOMATIC STEP-UP FEATURE 

The benefit receives an automatic step-up on the Benefit Anniversary if the Withdrawal Base is set equal to the Policy Value or the highest Policy Value
on a Benefit Monthiversary. This benefit will continue with the same benefit issue date and features. The Benefit Fee may change and the withdrawal percentages may increase due to an automatic step-up. Beginning with the first Benefit Anniversary,
the benefit fee percentage may be increased if there is an automatic step-up, but will not exceed the maximum benefit fee percentage described in the Data Specification section. 
 You have the right to reject an automatic step-up within 30 days following a Benefit Anniversary, if the benefit fee percentage increases. If You reject an automatic step-up, You must notify us in a
manner which is acceptable to us, however You are eligible for future automatic step-ups. Changes as a result of the automatic step-up feature will be reversed. Any increase in the Benefit Fee or withdrawal percentages will also be reversed.


  

					
	NIC13 RGMB460513(IJ)(NY)	 	(4)	  	(Income-Joint)









 ARTICLE III CONTINUED 
 WITHDRAWAL BASE ADJUSTMENTS 
 Gross Partial Withdrawals, taken in a Benefit Year, less than
or equal to the Benefit Withdrawal Amount will not reduce the Withdrawal Base. Excess Withdrawals will reduce the Withdrawal Base by the withdrawal base adjustment which may be more than the dollar amount of the Excess Withdrawal. The
withdrawal base adjustment is the greater of 1) and 2), where: 
  

	1)	is the Excess Withdrawal amount; and 

  

	2)	is the result of (A multiplied by B), divided by C, where: 

  

	 	A)	is the Excess Withdrawal; 

  

	 	B)	is the Withdrawal Base prior to the Excess Withdrawal amount; and 

  

	 	C)	is the Policy Value after the Benefit Withdrawal Amount has been withdrawn, but prior to the withdrawal of the Excess Withdrawal amount. 


ARTICLE IV 
 CONTINUATION

 In the case of spousal joint Owners where one spouse is the Annuitant, if the spouse who is not the Annuitant dies and the surviving
spouse is the sole beneficiary or joint Owner, the benefit continues with the same values. In the case of spousal joint Owners where one spouse is the Annuitant, if the spouse who is the Annuitant dies and the surviving spouse is the sole
beneficiary or joint Owner, the benefit continues with the same values if the policy is continued until the death of the surviving spouse. 

ANNUITIZATION 
 On the last available
Annuity Commencement Date, as described in Your policy, You will have the option to receive payments, under the Life Income Option, that are no less than Your Benefit Withdrawal Amount each year. Upon election of an Income Option, this benefit will
terminate. 
 REPORTS TO OWNER 

We will give You a report at least once each Policy Year. Before You are eligible to receive the Benefit Withdrawal Amount, the report will direct You to
contact the Company for information regarding Your Benefit Withdrawal Amount. After You are eligible for Your Benefit Withdrawal Amount, this amount will be included in the report. 
 TERMINATION 
 This Guaranteed Lifetime Withdrawal Benefit will terminate upon the earlier
of: 
  

	1)	the policy to which this benefit is attached terminates; 

  

	2)	the date you elect an Income Option; 

  

	3)	the later of the Annuitant’s or Annuitant’s spouse’s death; or 


 

	4)	a change in ownership which violates the Owner and Annuitant relationship requirements as set forth in Article III. 


After termination, Benefit Fees will no longer be assessed. 
 Signed for us at our home office. 
  

							
		 	



	  	



	  	
		 	SECRETARY	  	PRESIDENT	  	


  

					
	NIC13 RGMB460513(IJ)(NY)	 	(5)	  	(Income-Joint)









 APPENDIX 
 The quarterly fee is calculated as follows: 
 Multiply (1) by (2) by
(3) where: 
  

	1)	Withdrawal Base 

  

	2)	Benefit fee percentage; 

  

	3)	Number of days in the Benefit Quarter divided by the number of days within the applicable Benefit Year 


The fee adjustment for Withdrawal Base adjustments is calculated as follows: 
 Multiply (1) by (2) by (3) where: 
  

	1)	Withdrawal Base change (i.e. Withdrawal Base after the transaction minus the Withdrawal Base before the transaction) 


 

	2)	Benefit fee percentage; 

  

	3)	Number of days remaining in the Benefit Quarter divided by the number of days within the applicable Benefit Year. 


The following 4 examples show sample calculations based on the following hypothetical assumptions: 

 

	 	•	 	 Benefit fee percentage is 1.25%. Your actual benefit fee percentage may be different. 



 

	 	•	 	 Benefit Year is not a leap year. 


 Example 1: Calculation at benefit issue for first quarter fee assuming an initial Withdrawal Base of $100,000. 
 = 100,000 * .0125 * (91/365)
 = 1,250.00 * (91/365)

= $311.64 
 Example 2:
Calculation for first quarter fee assuming initial Withdrawal Base from Example 1 above, plus adjustment for additional premium payment of $10,000 made with 20 days remaining in the first Benefit Quarter. The Withdrawal Base change and total
transaction amount equal $10,000. 
 Fee adjustment as follows: 
 = 10,000 * .0125* (20/365) 
 = 125.00 * (20/365) 

= $6.85 
 Total fee assessed on
first quarterversary (assuming no Benefit Fee adjustments): 
 = $6.85 + $311.64 

= $318.49 
 Example 3:
Calculation for second quarter fee at beginning of second Benefit Quarter, assuming Withdrawal Base of $110,000. 
 = 110,000 *
..0125 * (91/365)
 = 1,375.00 * (91/365) 
 = $342.81 

  

					
	NIC13 RGMB460513(IJ)(NY)	 	(A-1)	  	(Income-Joint)









 Example 4: Calculation for second quarter fee assuming beginning Withdrawal Base as in Example 3
above, plus adjustments for an excess withdrawal of $10,000 taken with 40 days remaining in the second Benefit Quarter. Assumes a Policy Value of $97,000 prior to the excess withdrawal and change in Withdrawal Base as follows: 

Withdrawal Base Adjustment = Max (excess withdrawal, excess withdrawal * Withdrawal Base prior to the excess withdrawal / Policy Value before the excess
withdrawal) = Max 10,000, 10,000 * 110,000 / 97,000 = Max (10,000, 11,340.21) = $11,340.21 
 Fee adjustment as follows: 

= -11,340.21 * .0125 * (40/365)
 = -141.75 * (40/365)
 = $-15.53 

Total fee assessed on second quarterversary (assuming no further Benefit Fee adjustments): 

= 342.81 - 15.53 

= $327.27 
 The new Withdrawal
Base = $110,000 - $11,340.21 = $98,659.79 

  

					
	NIC13 RGMB460513(IJ)(NY)	 	(A-2)	  	(Income-Joint)