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                  GENWORTH LIFE AND ANNUITY INSURANCE COMPANY
                      PAYMENT PROTECTION WITH COMMUTATION
                 IMMEDIATE AND DEFERRED VARIABLE ANNUITY RIDER

This rider is added to the Contract. It provides for Monthly Income with a
Guaranteed Payment Floor. The Guaranteed Payment Floor is based on the attained
age of the younger Annuitant on the Annuity Commencement Date. This rider may
provide Additional Death Proceeds. To maximize the Additional Death Proceeds
and the Guaranteed Payment Floor, you must allocate Contract Value and the
value of Annuity Units to the Investment Strategy. You may not terminate this
rider apart from the Contract.

All rider terms will have the same meaning as under the Contract, unless
otherwise provided.

Additional Death Proceeds - The benefit, if any, we will pay to the Designated
Beneficiary if the last Annuitant dies after the Annuity Commencement Date.

Adjustment Account - The account that is established when Monthly Income is
calculated on the Annuity Commencement Date.

Annual Income Amount - The sum of Annual Income Amounts determined for each
Subaccount. The Annual Income Amount for a Subaccount is equal to the number of
Annuity Units of that Subaccount multiplied by the Annuity Unit value for that
Subaccount on the first Valuation Day of each Annuity Year.

Annuity Year - Each one-year period beginning on the Annuity Commencement Date
or the annual anniversary of the Annuity Commencement Date.

Asset Allocation Model - The Asset Allocation Model shown on the Contract Data
Pages.

Benefit Base - The amount used to calculate the available Income Base.

Commutation Base - The sum of the Commutation Base amounts determined for each
Subaccount. The Commutation Base for a Subaccount is equal to the number of
Commutation

Units of that Subaccount multiplied by the Commutation Unit value for that
Subaccount on any Valuation Day.

Commutation Unit - A unit of measure used in calculating the Commutation Base
in each Subaccount after the Annuity Commencement Date.

Commutation Value - A lump sum payment you receive if you terminate the
Contract and rider after the Annuity Commencement Date.

Designated Subaccounts - The Designated Subaccounts shown on the Contract Data
Pages.

Guaranteed Payment Floor - The guaranteed amount of Monthly Income as of the
Annuity Commencement Date.

Income Base - The value used to calculate the Guaranteed Payment Floor.

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Investment Strategy - The Asset Allocation Model and/or Designated Subaccounts
for this rider.

Level Income Amount - The amount that would result from applying the Annual
Income Amount to a 12-month, period certain, fixed single payment immediate
annuity made available to this rider. We will declare the interest rate at the
start of each Annuity Year.

Monthly Income - The amount paid each month to you on and after the Annuity
Commencement Date. The amount remains constant throughout an Annuity Year. The
amount may increase or decrease each Annuity Year.

Investment Strategy

To maximize the Guaranteed Payment Floor, you must allocate all Contract Value
to the Investment Strategy. We or our affiliates will provide the Investment
Strategy. You must allocate your Contract Value among the following Investment
Strategy options shown on the Contract Data Pages:

      .   the Designated Subaccounts; and/or

      .   the Asset Allocation Model.

You must allocate all Contract Value between the Investment Strategy options.
If you use the Designated Subaccounts option, you must specify the percentage
to invest in each Designated Subaccount. Under the Asset Allocation Model
option, any percentage of Contract Value invested must first be divided into
categories in accordance with the percentages shown on the Contract Data Pages.
Within each category you must then specify the percentage to invest in each
available Subaccount.

On a monthly basis, we will rebalance Contract Value to the Subaccounts in
accordance with the percentages that you have chosen. In addition, on any
Valuation Day after any transaction involving a withdrawal, receipt of a
Purchase Payment or a transfer of Contract Value, we will rebalance Contract
Value to the Subaccounts in accordance with the percentages that you have
chosen, unless you instruct us otherwise.

If you choose to allocate Contract Value without following the Investment
Strategy, your Benefit Base will be reduced by the percentage shown on the
Contract Data Pages. You may elect to resume participation in the Investment
Strategy at your next available reset date, as described in the Benefit Base
provision, provided we receive notice of your election in a form acceptable to
us.

If on the Annuity Commencement Date, you are following the Investment Strategy
and you later choose to allocate the value of Annuity Units without following
the Investment Strategy, your Income Base will be reduced by the percentage
shown on the Contract Data Pages. A reduction of Income Base after the Annuity
Commencement Date will result in reduction of the Guaranteed Payment Floor and
the Additional Death Proceeds. However, if your Benefit Base was reduced due to
not following the Investment Strategy and then not reset before your Annuity
Commencement Date, this adjustment does not apply. On a monthly basis, we will
rebalance the value of Annuity Units to the Subaccounts in accordance with the
percentages that you have chosen.

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We will not reduce your Benefit Base or Income Base if you are not following
the Investment Strategy due to a portfolio liquidation or a portfolio
dissolution and the assets are transferred from the liquidated or dissolved
portfolio to another portfolio.

If this rider is added to the Contract at issue, the Guarantee Account
available as an Investment Option under the Contract, if any, will not be
available as an Investment Option under this rider for as long as this rider is
in effect.

Benefit Base

The initial Benefit Base is equal to the sum of the Purchase Payments applied
on the Contract Date. The Benefit Base is constant and remains in effect until
adjusted as described below.

If you have followed the Investment Strategy from the later of the Contract
Date and the date on which the Benefit Base was reset (as described below), any
additional Purchase Payments applied will be added to the Benefit Base as of
the prior Valuation Day. We reserve the right to exclude additional Purchase
Payments from being applied to the Benefit Base.

If your Benefit Base was reduced due to not following the Investment Strategy
and then not reset, any additional Purchase Payments applied will increase the
Benefit Base by (a) minus (b), where:

     (a) is the Purchase Payment; and

     (b) is the Purchase Payment multiplied by the Benefit Base reduction
         percentage, shown on the Contract Data Pages.

We reserve the right to exclude additional Purchase Payments from being applied
to the Benefit Base.

All withdrawals, including any surrender charges, reduce the Benefit Base. The
new Benefit Base is equal to (a) multiplied by (b) divided by (c), where:

     (a) is the Benefit Base as of the prior Valuation Day, adjusted for any
         additional Purchase Payments;

     (b) is the Contract Value following the withdrawal; and

     (c) is the Contract Value before the withdrawal.

On the Annuity Commencement Date, the Income Base is set equal to the Benefit
Base. Any withdrawal that occurs on the Annuity Commencement Date will be
processed before Benefit Base is converted to Income Base.

If all of the Annuitants are ages [50 through 59], you may choose to reset your
Benefit Base on [an annual] anniversary of the Contract Date that is at least
[12 months] after the later of (a) and (b). If the older of the Annuitants is
age [60 through the maximum reset age], you may choose to reset your Benefit
Base on [an annual] anniversary of the Contract Date that is at least [36
months] after the later of (a) and (b), where:

     (a) is the Contract Date; and

     (b) is the last reset date.

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If you do reset your Benefit Base, as of that date, we will:

      .   reset the Benefit Base to your Contract Value;

      .   reset the charge for this rider. The new charge, which may be higher
          than your previous charge, will never exceed 1.25% annually; and

      .   reset the Investment Strategy to the current Investment Strategy.

You may not reset your Benefit Base after the Annuity Commencement Date. If on
any rider anniversary any Annuitant is older than the maximum reset age, you
may not reset your Benefit Base. The maximum reset age is shown on the Contract
Data Pages.

Monthly Income

The Annuity Commencement Date under this rider may be any Valuation Day after
the first Valuation Day under the Contract. Prior to the date that Monthly
Income begins, the Annuity Commencement Date may be changed to any Valuation
Day after the first Valuation Day under the Contract. On the Annuity
Commencement Date, we will begin the payment process for your Monthly Income.
Monthly Income will be paid during the life of the Annuitant(s). Beginning on
the Annuity Commencement Date, Monthly Income will be calculated annually as of
the first Valuation Day of each Annuity Year. If the first day of an Annuity
Year does not begin on a Valuation Day, the next Valuation Day will be used in
calculating the Monthly Income for that Annuity Year. Monthly Income will not
vary during an Annuity Year.

How Monthly Income Is Determined

Guaranteed Payment Floor: The Guaranteed Payment Floor is equal to
(a) multiplied by (b) divided by (c), where:

     (a) is the Income Base;

     (b) is the Guaranteed Payment Floor percentage shown on the Contract Data
         Pages for the attained age of the Annuitant for a single Annuitant
         Contract or the attained age for the younger living Annuitant for a
         Joint Annuitant Contract on the Annuity Commencement Date; and

     (c) is twelve.

Once a Contract is a Joint Annuitant Contract, it will remain a Joint Annuitant
Contract while the Contract and rider are in effect.

Initial Monthly Income: The initial Monthly Income is the greater of the Level
Income Amount and the Guaranteed Payment Floor. The Annual Income Amount is
used to determine the Level Income Amount. The Level Income Amount is the
monthly amount that would result from applying the Annual Income Amount to a
twelve month, period certain, fixed single payment immediate annuity made
available to this Contract.

The initial Annual Income Amount is equal to (a) multiplied by (b), where:

     (a) is the payment rate based upon the gender(s), when applicable, and
         settlement age(s) of the Annuitant(s), the Contract Value on the
         Valuation Day prior to the Annuity Commencement Date and the Income
         Base as of the Annuity Commencement Date; and

     (b) is the Contract Value on the Valuation Day prior to the Annuity
         Commencement Date less any premium tax.

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For purposes of this rider only, the payment rates are based on the [Annuity
2000 Mortality Table], using an Assumed Interest Rate of [4%].

                            Maximum Age Adjustment

The settlement age(s) is the Annuitant(s)'s age last birthday on the date
Monthly Income begins, minus an age adjustment from the table below. The actual
age adjustment may be less than the numbers shown.

                               Year
                             Payments
                              Begin
                        ------------------  Maximum Age
                          After    Prior To Adjustment
                        ---------  -------- -----------
                          2005       2011       5
                          2010       2026       10
                          2025                  15

On the Annuity Commencement Date, if any Monthly Income would be $100 or less,
we reserve the right to reduce the frequency of payments to an interval that
would result in each amount being at least $100. If the annual payment would be
less than $100, we will pay the Contract Value on the Valuation Day prior to
the Annuity Commencement Date and the Contract will terminate on the Annuity
Commencement Date.

Subsequent Monthly Income: Monthly Income in subsequent Annuity Years will be
calculated annually as of the first Valuation Day of each Annuity Year. Monthly
Income in subsequent Annuity Years is the greater of (a) and (b), where:

     (a) is the subsequent Level Income Amount, minus any value in the
         Adjustment Account as of the date the last Monthly Income was paid
         divided by twelve; and

     (b) is the Guaranteed Payment Floor.

The Annual Income Amount is used to determine the Level Income Amount. The
Annual Income Amount in subsequent Annuity Years is determined by means of
Annuity Units. The number of Annuity Units will be determined on the Annuity
Commencement Date. The number will not change unless a transfer is made. The
number of Annuity Units for a Subaccount is (a) divided by (b), where:

     (a) is the initial Annual Income Amount from that Subaccount; and

     (b) is the Annuity Unit value for that Subaccount as of the Annuity
         Commencement Date.

The Annual Income Amount for a Subaccount in each subsequent Annuity Year is
the number of Annuity Units for that Subaccount multiplied by the Annuity Unit
value for that Subaccount on the first Valuation Day of each Annuity Year. The
Annual Income Amount in each subsequent Annuity Year is equal to the sum of
Annual Income Amounts for each Subaccount.

The Annual Income Amount may be greater or less than the Annual Income Amount
in the first Annuity Year. We guarantee that Annual Income Amount in subsequent
Annuity Years will not be affected by variations in mortality experience from
the mortality assumptions on which the Annual Income Amount in the first
Annuity Year is based.

Determination of Annuity Unit Value: The Annuity Unit value of each Subaccount
for any Valuation Period is equal to the Annuity Unit value for that Subaccount
for the preceding Valuation Period multiplied by the product of (a) and (b),
where:

     (a) is the net investment factor for the Valuation Period for which the
         Annuity Unit value is being calculated; and

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     (b) is an Assumed Interest Rate factor equal to [.99989255] raised to a
         power equal to the number of days in the Valuation Period.

The Assumed Interest Rate factor in (b) is the daily equivalent of dividing
(i) one by (ii) one plus the Assumed Interest Rate of [4%]. If a plan with a
different Assumed Interest Rate is used to determine the initial payment, a
different Assumed Interest Rate factor will be used to determine subsequent
payments.

Adjustment Account: An Adjustment Account is established on the Annuity
Commencement Date. The value of the Adjustment Account at this time is the
greater of (a) and (b), where:

     (a) is zero; and

     (b) is twelve multiplied by the Guaranteed Payment Floor, minus twelve
         multiplied by the initial Level Income Amount.

The value of the Adjustment Account in subsequent Annuity Years is the greater
of (a) and (b), where:

     (a) is zero; and

     (b) is the value of the Adjustment Account as of the prior Annuity Year,
         plus twelve multiplied by the Monthly Income for the current Annuity
         Year, minus twelve multiplied by the Level Income Amount for the
         current Annuity Year.

Commutation Provision

After the Annuity Commencement Date, you may request to terminate your Contract
and this rider. If the right to cancel period as defined under the Contract has
ended, you will receive the Commutation Value in a lump sum. After this
payment, Monthly Income will end.

The Commutation Value will be the lesser of (a) and (b) but not less than zero,
where:

     (a) is (i) multiplied by (ii) minus (iii), where:

         (i) is the Income Base less any premium tax;

         (ii)is 94%; and

        (iii)is the sum of all Monthly Income paid;

     (b) is (i) multiplied by (ii) minus (iii) plus (iv), where:

         (i) is the Commutation Base less any premium tax;

         (ii)is 94%;

        (iii)is the Adjustment Account value; and

         (iv)is the Level Income Amount multiplied by the number of months
             remaining in the current Annuity Year.

On any day that is a Valuation Day, the Commutation Base in a Subaccount is
determined by multiplying the number of Commutation Units in that Subaccount by
the value of the Commutation Unit for that Subaccount. The Commutation Base is
equal to the sum of the Commutation Base amounts for each Subaccount.

Commutation Units

On the Valuation Day prior to the Annuity Commencement Date, the Commutation
Units in a Subaccount will be equal to the number of Accumulation Units for
that Subaccount.

The number of Commutation Units is reduced at the beginning of each Annuity
Year. The reduction for each Subaccount equals (a) divided by (b), where:

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     (a) is the Annual Income Amount for the Subaccount; and

     (b) is the value of the Commutation Unit for the Subaccount on the first
         Valuation Day of the Annuity Year.

Other events that will reduce the number of Commutation Units of a Subaccount
are as follows:

     (1) transfers out of the Subaccount;

     (2) payment of commutation proceeds;

     (3) payment of death proceeds; and

     (4) deduction of applicable Contract charges.

Commutation Units are canceled as of the end of the Valuation Period in which
we receive notice in a form acceptable to us regarding an event that reduces
Commutation Units.

Transfers

When we perform Subaccount transfers after the Annuity Commencement Date, we
will redeem the Commutation Units from the current Subaccount and purchase
Commutation Units from the new Subaccount. The Commutation Base on the date of
the transfer will not be affected by the transfer. The number of Commutation
Units added to the new Subaccount is (a) multiplied by (b), divided by (c),
where:

     (a) is the number of Commutation Units transferred out of the current
         Subaccount;

     (b) is the value of a Commutation Unit of the current Subaccount; and

     (c) is the value of a Commutation Unit of the new Subaccount.

Value of Commutation Units

The initial value of a Commutation Unit for each Subaccount is the initial
value of the Accumulation Unit for that Subaccount. Thereafter, the value of a
Commutation Unit at the end of every Valuation Day is the value of the
Commutation Unit at the end of the previous Valuation Day multiplied by the net
investment factor, as described in the Contract. The value of a Commutation
Unit may change from one Valuation Period to the next.

Death Provisions

Special Distribution Rules when Death Occurs Before Monthly Income Starts

If the designated beneficiary is a surviving spouse who elects to continue the
Contract as the new Owner, this rider will continue.

Special Distribution Rules when Death of the Last Annuitant Occurs on or After
Monthly Income Starts

If the last Annuitant dies after the Annuity Commencement Date, there may be
Additional Death Proceeds paid under this rider to the designated beneficiary
in a lump sum. The amount of any Additional Death Proceeds will be the greater
of (a) and (b), where:

     (a) is (i) minus (ii), where:

         (i) is the Income Base;

         (ii)is the sum of all Monthly Income paid; and

     (b) is zero.

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Rider Charge

There will be a daily asset charge made for this rider. This charge is added to
the Contract's daily asset charge and applied against all amounts in the
Subaccounts. The charge for this rider will depend upon whether the Contract is
a single Annuitant or Joint Annuitant Contract. This charge is shown on the
Contract Data Pages. Once applied, the Joint Annuitant charge will continue
while the Contract and rider are in effect. The charge for this rider may be
reset if you choose to reset your Benefit Base. The new charge, which may be
higher than your previous charge, will never exceed 1.25% annually.

When this Rider is Effective

The rider becomes effective on the Contract Date. This rider may be terminated
only when the Contract is terminated.

Change of Ownership

We must approve any assignment or sale of this Contract unless under a court
ordered assignment.

General Provisions

For purposes of this rider:

  .   A non-natural entity Owner must name an Annuitant and may name the
      Annuitant's spouse as a Joint Annuitant.

  .   An individual Owner must also be an Annuitant.

  .   An Owner may name only his or her spouse as a Joint Owner.

  .   If there is only one Owner, that Owner may name only his or her spouse as
      a Joint Annuitant at issue.

  .   If you marry after issue but prior to the Annuity Commencement Date, you
      may add your spouse as a Joint Owner and Joint Annuitant or as a Joint
      Annuitant only, subject to our approval.

For Genworth Life and Annuity Insurance Company,

                             /s/ Pamela S. Schutz
                           -------------------------
                                   President

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