Document:

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                                 EXHIBIT (4)(B)
                        FORM OF POLICY RIDER - 5 FOR LIFE

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[LETTERHEAD OF TRANSAMERICA LIFE INSURANCE COMPANY]

                   GUARANTEED MINIMUM WITHDRAWAL BENEFIT RIDER

This rider is issued as a part of the policy (contract) to which it is attached.
Policy refers to the individual policy if the rider is attached to an individual
annuity or the group certificate if the rider is attached to a group annuity.

                                    Rider Data Specification
                                    ------------------------
Policy Number:                             07 - 12345
Rider Date:                                05-05-2004
"For Life" Withdrawal Percentage:*         5.00%
Rider Fee Percentage:                      0.75%

If the annuitant is not yet [59] on the rider date, then this percentage will be
zero until the January 1st following the annuitant's [59th] birthday.

                                   ----------

ARTICLE I

This rider is not available for an existing qualified policy which has been
continued by a surviving spouse or beneficiary as the new owner. This rider will
terminate upon the annuitant's death, if you surrender your policy, elect to
upgrade (as described in Article III of this rider), transfer funds out of the
designated funds after the [fifth] rider anniversary (transfers, as provided for
in the base policy, out of the designated funds are prohibited prior to the
[fifth] rider anniversary), or elect to receive annuity payments under your
policy. This rider will also terminate if the policy to which this rider is
attached is assigned or if the owner is changed without our approval. You can
terminate this rider any time after the [fifth] rider anniversary.

A rider fee will be deducted on each rider anniversary and upon rider
termination as described below.

DEFINITIONS:

Terms used that are not defined in this rider shall have the same meaning as
those in your base policy.

Gross Partial Withdrawal
The amount which will be deducted from your policy value as a result of each
partial withdrawal.

Rider Anniversary
The anniversary of the rider date.

Rider Fee
The rider fee is the rider fee percentage referenced above, multiplied by the
total withdrawal base at the time the fee is deducted. This fee will be deducted
from each investment option in proportion to the amount of policy value in that
investment option on each rider anniversary. A portion of this fee will also be
deducted when the rider is terminated based on the number of days that have
elapsed since it was last deducted.

Rider Year
Each twelve-month period following the rider date.

RGMB 6 0604                            (1)

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ARTICLE II

FOR LIFE GUARANTEED MINIMUM WITHDRAWAL BENEFIT

Under this rider, we guarantee that you can withdraw up to the maximum annual
withdrawal amount each year, regardless of the policy value, until the
annuitant's death.

Withdrawals will reduce the policy value of the base policy to which this rider
is attached. Once the policy value equals zero, you cannot make subsequent
premium payments and all other policy features, benefits and guarantees are
terminated except those provided by this rider. Withdrawals guaranteed by this
rider can be continued by selecting an amount and frequency of payment in a
manner acceptable to us. Once the payment amount and frequency are established,
they cannot be changed and no additional withdrawals will be paid.

Maximum Annual Withdrawal Amount

On the rider date the maximum annual withdrawal amount will be equal to A
multiplied by B multiplied by C where:

A)   is the total withdrawal base on the rider date,
B)   is the "For Life" withdrawal percentage shown on page 1. If the annuitant
     is not yet [59] on the rider date, this percentage will be equal to 0%, and
C)   is equal to the number of days between the rider date and January 1st of
     the next calendar year, divided by the number of days in the current
     calendar year.

On January 1st of each subsequent calendar year following the rider date, the
maximum annual withdrawal amount will be reset equal to the greater of 1 and 2
where:

1)   is A multiplied by B where:

     A)   is the total withdrawal base as of this date, and
     B)   is the "For Life" withdrawal percentage shown on page 1. If the
          annuitant is not yet [59] on January 1st of the current calendar year,
          this percentage will be equal to 0%.

2)   is an amount equal to the minimum required distribution amount for this
     base policy for the current calendar year using the annuitant's age only if
     all of the following are true:

     A)   the base policy to which this rider 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 rider is attached, and
     F)   the minimum required distributions are only for the current calendar
          year. Amounts carried over from past calendar years are not
          considered.

     If any of the above are not true, then 2) is equal to zero and the minimum
     required distribution is not available as a maximum annual withdrawal
     amount.

Minimum Remaining Withdrawal Amount

The minimum remaining withdrawal amount is the total minimum dollar amount of
guaranteed withdrawals you have remaining, provided withdrawals do not exceed
the maximum annual withdrawal amount each rider year. The minimum remaining
withdrawal amount on the rider date is equal to the policy value. After the
rider date, the minimum remaining withdrawal amount is equal to the minimum
remaining withdrawal amount on the rider date, plus any premiums added after the
rider date, less any adjustments for withdrawals described below.

RGMB 6 0604                            (2)

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ARTICLE II CONTINUED

Minimum Remaining Withdrawal Amount Adjustments

Gross partial withdrawals up to the maximum annual withdrawal amount will reduce
the minimum remaining withdrawal amount by the same amount (dollar for dollar).
Gross partial withdrawals in excess of the maximum annual withdrawal amount will
reduce the minimum remaining withdrawal amount by the greater of:

1)   the excess gross partial withdrawal amount; and
2)   the result of (A divided by B), multiplied by C, where:

     A    is the excess gross partial withdrawal (the amount in excess of the
          maximum annual withdrawal amount remaining prior to the withdrawal);
     B    is the policy value after the maximum annual withdrawal amount has
          been withdrawn, but prior to the withdrawal of the excess amount; and
     C    is the minimum remaining withdrawal amount after the maximum annual
          withdrawal amount has been withdrawn, but prior to the withdrawal of
          the excess amount.

Total Withdrawal Base

The total withdrawal base on the rider date is equal to the policy value. After
the rider date, the total withdrawal base is equal to the total withdrawal base
on the rider date, plus the full amount of any premiums added after the rider
date, less any adjustments for withdrawals described below.

Total Withdrawal Base Adjustments

Gross partial withdrawals up to the maximum annual withdrawal amount will not
reduce the total withdrawal base. Gross partial withdrawals in excess of the
maximum annual withdrawal amount will reduce the total withdrawal base by the
greater of:

     1)   the excess gross partial withdrawal amount; and

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

          A    is the excess gross partial withdrawal (the amount in excess of
               the maximum annual withdrawal amount remaining prior to the
               withdrawal);
          B    is the policy value after the maximum annual withdrawal amount
               has been withdrawn, but prior to the withdrawal of the excess
               amount; and
          C    is the total withdrawal base prior to the withdrawal of the
               excess amount.

Death Benefits and Spousal Continuation

Upon the death of the annuitant, we will pay an additional death benefit amount
equal to the excess, if any, of the minimum remaining withdrawal amount over the
base policy death benefit and this rider will then terminate.

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 surviving spouse may elect to continue the policy and rider and
no additional death benefit will be paid under this rider.

In the case of non-spousal joint owners where an owner who is not the annuitant
dies, the surviving owner (who is also the sole designated beneficiary) may
elect to receive lifetime income payments instead of receiving any benefits
applicable to the base policy. The lifetime income payments must begin no later
than 1 year after the owner's death and will be equal to the maximum annual
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. If these payments are elected but the
annuitant dies before the minimum remaining withdrawal amount equals zero, the
annuitant's beneficiary will receive a death benefit equal to the minimum
remaining withdrawal amount.

Designated Funds

If you elect this rider, you must allocate 100% of your initial premium payment
and any subsequent premium payments into one or more of the designated funds.
Until the [fifth] rider anniversary, you are prohibited from transferring any
amount to a non-designated fund. After the [fifth] rider anniversary, you are
not prohibited from transferring to a non-designated fund, however, if you do
transfer any amount to a non-designated fund, this rider will terminate. You can
generally transfer between the designated funds as permitted under your policy.

RGMB 6 0604                            (3)

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ARTICLE III

RIDER UPGRADE

You may elect, in writing, to upgrade the total withdrawal base to the policy
value, after the [fifth] rider anniversary. At this same time, the minimum
remaining withdrawal amounts will also be upgraded to the policy value and the
maximum annual withdrawal amounts will be recalculated based on the new total
withdrawal base.

If an upgrade is elected, this rider will terminate and a new rider with the
same features will be issued with a new rider date and its own rider fee
percentage which may be higher than this rider's rider fee percentage.

The new rider effective date will be the date the Company receives all
information necessary, in a written form acceptable to the Company, to process
the upgrade. The Company currently allows an upgrade at any time after the
[fifth] rider anniversary. After your [sixth] rider anniversary, the Company
reserves the right to limit upgrade requests to 30 calendar days after each
rider anniversary.

                        Signed for us at our home office.

          /s/ Craig D. Vermie                  /s/ Larry N. Norman
          -------------------                  -------------------
               SECRETARY                            PRESIDENT

RGMB 6 0604                            (4)<PAGE>

                                 EXHIBIT (4)(e)

                           FORM OF DEATH BENEFIT RIDER

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[LETTERHEAD OF TRANSAMERICA LIFE INSURANCE COMPANY]

                               DEATH BENEFIT RIDER

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 Partial Withdrawals (as
described below), as of the date of death.

A partial withdrawal will reduce the Guaranteed Minimum Death Benefit by an
amount referred to as the "Adjusted Partial Withdrawal". The Adjusted Partial
Withdrawal may be a different amount than the Gross Partial Withdrawal. If at
the time of the partial withdrawal, the Policy Value is greater than or equal to
the Death Proceeds, the Adjusted Partial Withdrawal will equal the Gross Partial
Withdrawal. If at the time of the partial withdrawal, the Policy Value is less
than the Death Proceeds, the Adjusted Partial Withdrawal will be greater than
the Gross Partial Withdrawal.

The Adjusted Partial Withdrawal is equal to the Gross Partial Withdrawal
multiplied by the Death Proceeds immediately prior to the partial withdrawal
divided by the Policy Value immediately prior to the partial withdrawal. The
formula is APW = GPW x (DP/PV) where:

GPW  = Gross Partial Withdrawal
DP   = Death Proceeds prior to the partial withdrawal = greatest of
       (PV, CV, or GMDB)
PV   = Policy Value prior to the partial withdrawal
GMDB = Guaranteed Minimum Death Benefit prior to the partial withdrawal
CV   = Cash Value prior to the partial withdrawal

This Rider is effective on the Policy Date and can only be terminated when the
policy to which this Rider is attached terminates. This Rider is subject to all
the terms and conditions of the policy not inconsistent herewith.

                        Signed for us at our home office.

               /s/ Craig D. Vermie                      /s/ Larry N. Norman
               -------------------                      -------------------
                    SECRETARY                                PRESIDENT

RGMD 8 0603

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[LETTERHEAD OF TRANSAMERICA LIFE INSURANCE COMPANY]

                          ENHANCED DEATH BENEFIT RIDER

The Guaranteed Minimum Death Benefit (GMDB) provision in Section 9, Death
Proceeds, of the policy to which this Rider is attached, is replaced with the
following language:

The Guaranteed Minimum Death Benefit is an Annual Step-Up to age [81] Death
Benefit. The amount of this GMDB is equal to:

   a) the step-up value as described below; plus
   b) any Premium Payments subsequent to the previous determination point; minus
   c) any Adjusted Partial Withdrawals subsequent to the previous determination
      point.

On the Policy Date, the step-up value is the Policy Value. On each Policy
Anniversary (referred to as the determination points) prior to the earlier of
the date of death of the Annuitant or the Annuitant's [81st] birthday, a
comparison is made between (a) and (b), where (a) is the Policy Value at this
point in time and (b) is the previous step-up value, plus Premium Payments minus
Adjusted Partial Withdrawals (as described below) made since the previous
determination point. The larger of (a) and (b) becomes the new step-up value.
This step-up process stops at the earlier of the date of death of the Annuitant
or the Annuitant's [8Ist] birthday. The then current step-up value becomes the
final step-up value.

A partial withdrawal as provided in Section 5 will reduce the Guaranteed Minimum
Death Benefit by an amount referred to as the "Adjusted Partial Withdrawal". The
Adjusted Partial Withdrawal may be a different amount than the Gross Partial
Withdrawal described in Section 5. If at the time of the partial withdrawal, the
Policy Value is greater than or equal to the Death Proceeds, the Adjusted
Partial Withdrawal will equal the Gross Partial Withdrawal. If at the time of
the partial withdrawal, the Policy Value is less than the Death Proceeds, the
Adjusted Partial withdrawal will be greater than the Gross Partial Withdrawal.

The Adjusted Partial Withdrawal formula is APW = GPW multiplied by DP divided by
PV, where:

APW  = Adjusted Partial Withdrawal
GPW  = Gross Partial Withdrawal
DP   = Death Proceeds prior to the Withdrawal = greatest of (PV, CV, or GMDB)
PV   = Policy Value prior to the Withdrawal
GMDB = Guaranteed Minimum Death Benefit prior to the Withdrawal
CV   = Cash Value prior to the Withdrawal

This Rider is effective on the Policy Date and can only be terminated when the
policy to which this rider is attached terminates. This rider is subject to all
the terms and conditions of the policy not inconsistent herewith.

                        Signed for us at our home office.

               /s/ Craig D. Vermie                      /s/ Larry N. Norman
               -------------------                      -------------------
                    SECRETARY                                PRESIDENT

RGMD 5 0103

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