Summit 10 Premium Bonus Rider

• Provides an additional interest credit to the contract at issue, including interest on any additional premiums credited during the first year of the contract.
• The initial Premium Bonus will be applied to the contract’s Fixed and Indexed accounts in the same percentages as the initial premium. All Premium Bonuses added for additional premiums received during the first year will be credited to the contract’s Fixed Account and may be reallocated on the next contract anniversary, if desired.
• Only available with Summit 10. It is not available with 5 or 7 year terms.
• Selection for the Summit Premium Bonus Rider must be made at contract application.
• If the Owner/Annuitant chooses to not accept the contract during the 30-day free-look period, the Premium Bonus will not be included with the premium when it is returned.
• The Premium Bonus will equal the percentage (which may vary) of premium shown in the Premium Bonus rider form. For example, if it was 8% a $100,000 premium would receive an immediate $8,000 interest bonus.
• The Premium Bonus earned on subsequent premiums in the first year will be allocated to the Fixed Account. The Premium Bonus and interest earned on it will remain in the fixed account until the client reallocates their Accounts.