The Accumulation Protector Plus^SM Annuity (APP) is a fixed indexed annuity designed to both accumulate wealth and protect it against future market downturns. With access to its exclusive and flexible crediting strategies, the APP offers protection and growth potential in any market.*

*The Accumulation Protector Plus^SM (APP) Annuity offers growth potential whether the market rises, falls, or remains the same.

The Diversified Macro 5 Index is a fully rules-based index that offers innovative exposure to multiple asset classes. In an attempt to generate consistent returns over time, the Diversified Macro 5 Index implements a strategy that combines an equity component and a macro component (comprised of sub-strategies across fixed income, commodities and currencies components), complemented by a daily risk control mechanism.

Access to the Diversified Macro 5 Index is exclusive to buyers of the Accumulation Protector Plus^SM Annuity. To learn more about this index, please read the Diversified Macro 5 Index brochure or visit: https://merqube.com/indices/CSEAGESG

Whether the market rises, falls, or remains the same, your principal is guaranteed not to decrease* due to market performance and is protected through the APP’s Fixed and Indexed Accounts.

You do not lose money, including interest earned during previous crediting periods, if the index value drops because your money is allocated to the annuity itself rather than directly to the index (or indices).

*If Rate Enhancement Rider is purchased, principal will not decrease due to market performance but could decrease due to the rider fee.

You have the flexibility to choose how your single premium is allocated across eleven crediting strategies. These crediting strategies include a Fixed Account and ten Indexed Accounts linked to three indices, the Momentum Index, the Diversified Macro 5 Index, and the S&P 500^® Index. We know that your life and needs are ever evolving, and that is why you can adjust your allocations on the contract anniversary coinciding with the end of each strategy’s crediting period. At that time, you may allocate to any available strategy for a new crediting period of one, two or three years.

Crediting periods for the Accumulation Protector Plus^SM Annuity's strategies range from one, two, or three years. These crediting strategies include a Fixed Rate account, a Trigger Rate account, and several Point-to-Point accounts with either a Participation Rate or Cap Rate. A Point-to-Point strategy measures the difference in the index’s value on each contract anniversary, comparing it to the value of the index either one, two, or three years earlier, depending on the option you choose.

In the second contract year, the Accumulation Protector Plus^SM Annuity allows you to withdraw up to 5% of your Account Value or your Required Minimum Distribution, whichever is greater. With the purchase of the Rate Enhancement Rider, this 5% increases to 10%.

The Rate Enhancement Rider is an excellent feature to add to your annuity if you want to boost your accumulation potential! This rider increases the amount available for free withdrawal from 5% to 10% of your annuity’s Account Value. Additionally, it provides an opportunity to earn more interest as it increases the Fixed, Participation, and Cap rates across your annuity’s crediting strategies. By increasing the Participation and Cap Rates, this rider offers greater exposure to potential index growth, allowing a larger percentage of your premium to be linked to index performance.

*There is a fee with the purchase of the rider. Please refer to Our Products page for current rates and fees.

The Accumulation Protector Plus^SM Annuity offers a 110% Return of Premium (ROP) Guarantee if the Rate Enhancement Rider is purchased and the contract persists to year 10. The premium is adjusted for withdrawals.

In all states other than Florida, annuity payments may begin after the fifth contract year. In Florida, annuity payments may begin after the first contract year.

The Benefit Feature protects your beneficiary. If you pass away before receiving any proceeds* (other than a Withdrawal), the amount payable to your beneficiary(ies) will be the greater of:

1. The Account Value minus any Non-Vested Premium Bonus, or
2. The Minimum Guaranteed Surrender Value determined as of the date of death.

For contracts issued in the state of California, the death benefit payable to your beneficiary(ies) is equal to the greater of the Account Value or the Minimum Guaranteed Surrender Value determined as of the date of death.

No withdrawal charges apply to death benefits, and there are several settlement options available to your beneficiary if you pass away:

1. Spousal Continuation -The Owner’s spouse, who is the sole primary beneficiary, becomes the Owner and continues to receive the benefits of the APP Annuity.
2. Lump Sum – The entire death benefit is paid to the beneficiary in a single payment.
3. Additional Settlement Options – Please see the answer to the following question for all Settlement Option details.

*Proceeds are defined as the amount payable when: (1) the Owner surrenders their Contract; (2) the Contract matures; or (3) a Settlement Option is elected through the Early Payout Feature.

Lifetime Income Only

With this option, the annuitant receives equal monthly payments for the rest of their lifetime. Payments will end with the payment due just before the annuitant’s death. No death benefit is payable with this option.

Period Certain Only

This settlement option guarantees equal monthly payments for a specified period, between 10 years and 20 years. After the fifth contract year, you may request a specific period, with guaranteed equal monthly payments, between 5 years and 20 years. If the annuitant dies before the end of the specified period, the beneficiary will receive the remaining payments for that period.

Lifetime Income with Guaranteed Period Certain

This settlement option provides equal monthly payments for the greater of the annuitant’s remaining lifetime or a specified period of time. If the annuitant dies after payments have been made for the specified period, payments end with the payment due just before the annuitant’s death.

If you are diagnosed with a terminal illness or need to move into a nursing home, you can make a full surrender or partial withdrawal with no Market Value Adjustment, Surrender Charge, or loss of any applicable Non-Vested Premium Bonus, under certain conditions.*

*This feature is not available in the state of California.

The highly flexible APP allows you to continue your annuity – even after the 10-year surrender period ends. You also have the option to withdraw a portion or all of your account value or apply a settlement option to receive annuity payments over time.

When you purchase the Accumulation Protector Plus^SM Annuity you will receive a one-time premium bonus of 10%. The premium bonus is immediately credited to your account, increasing the value of your account and giving you the opportunity to earn additional interest. Your premium bonus and affiliated interest can be accessed subject to your vesting schedule. The vesting schedule applies for 10 contract years, in which the amount of vested premium bonus gradually increases from 0% to 100% vested.

The Accumulation Protector Plus^SM Annuity (APP) is a fixed indexed annuity designed to both accumulate wealth and protect it against future market downturns. With access to its exclusive and flexible crediting strategies, the APP offers protection and growth potential in any market.*

*The Accumulation Protector Plus^SM (APP) Annuity offers growth potential whether the market rises, falls, or remains the same.

The Momentum Index is a global multi-asset index that dynamically allocates across its components using a unique and flexible momentum-driven strategy with risk-adjusted weightings. The Momentum Index was designed to adapt to various market conditions and generate consistent returns over time.

The risk-monitored Momentum Index can create value for your annuity in all market types (rising, falling, or remaining the same) by taking long positions (buying) in components exhibiting the strongest trends and short positions (selling) in components with weaker trends.

Access to the Momentum Index is exclusive to buyers of the Accumulation Protector Plus^SM Annuity.  To learn more about this index, please read the Momentum Index brochure or visit:  https://www.solactive.com/indices/?index=DE000SL0LRB3

Whether the market rises, falls, or remains the same, your principal is guaranteed not to decrease* due to market performance and is protected through the APP’s Fixed and Indexed Accounts.

You do not lose money, including interest earned during previous crediting periods, if the index value drops because your money is allocated to the annuity itself rather than directly to the index (or indices).

*If Rate Enhancement Rider is purchased, principal will not decrease due to market performance but could decrease due to the rider fee.

You have the flexibility to choose how your single premium is allocated across eleven crediting strategies. These crediting strategies include a Fixed Account and ten Indexed Accounts linked to three indices, the Momentum Index, the Diversified Macro 5 Index, and the S&P 500^® Index. We know that your life and needs are ever evolving, and that is why you can adjust your allocations on the contract anniversary coinciding with the end of each strategy’s crediting period. At that time, you may allocate to any available strategy for a new crediting period of one, two or three years.

Crediting periods for the Accumulation Protector Plus^SM Annuity's strategies range from one, two, or three years. These crediting strategies include a Fixed Rate account, a Trigger Rate account, and several Point-to-Point accounts with either a Participation Rate or Cap Rate. A Point-to-Point strategy measures the difference in the index’s value on each contract anniversary, comparing it to the value of the index either one, two, or three years earlier, depending on the option you choose.

In the second contract year, the Accumulation Protector Plus^SM Annuity allows you to withdraw up to 5% of your Account Value or your Required Minimum Distribution, whichever is greater. With the purchase of the Rate Enhancement Rider, this 5% increases to 10%.

The Rate Enhancement Rider is an excellent feature to add to your annuity if you want to boost your accumulation potential! This rider increases the amount available for free withdrawal from 5% to 10% of your annuity’s Account Value. Additionally, it provides an opportunity to earn more interest as it increases the Fixed, Participation, and Cap rates across your annuity’s crediting strategies. By increasing the Participation and Cap Rates, this rider offers greater exposure to potential index growth, allowing a larger percentage of your premium to be linked to index performance.

*There is a fee with the purchase of the rider. Please refer to Our Products page for current rates and fees.

The Accumulation Protector Plus^SM Annuity offers a 110% Return of Premium (ROP) Guarantee if the Rate Enhancement Rider is purchased and the contract persists to year 10. The premium is adjusted for withdrawals.

In all states other than Florida, annuity payments may begin after the fifth contract year. In Florida, annuity payments may begin after the first contract year.

The Benefit Feature protects your beneficiary. If you pass away before receiving any proceeds* (other than a Withdrawal), the amount payable to your beneficiary(ies) will be the greater of:

1. The Account Value minus any Non-Vested Premium Bonus, or
2. The Minimum Guaranteed Surrender Value determined as of the date of death.

For contracts issued in the state of California, the death benefit payable to your beneficiary(ies) is equal to the greater of the Account Value or the Minimum Guaranteed Surrender Value determined as of the date of death.

No withdrawal charges apply to death benefits, and there are several settlement options available to your beneficiary if you pass away:

1. Spousal Continuation -The Owner’s spouse, who is the sole primary beneficiary, becomes the Owner and continues to receive the benefits of the APP Annuity.
2. Lump Sum – The entire death benefit is paid to the beneficiary in a single payment.
3. Additional Settlement Options – Please see the answer to the following question for all Settlement Option details.

*Proceeds are defined as the amount payable when: (1) the Owner surrenders their Contract; (2) the Contract matures; or (3) a Settlement Option is elected through the Early Payout Feature.

Lifetime Income Only

With this option, the annuitant receives equal monthly payments for the rest of their lifetime. Payments will end with the payment due just before the annuitant’s death. No death benefit is payable with this option.

Period Certain Only

This settlement option guarantees equal monthly payments for a specified period, between 10 years and 20 years. After the fifth contract year, you may request a specific period, with guaranteed equal monthly payments, between 5 years and 20 years. If the annuitant dies before the end of the specified period, the beneficiary will receive the remaining payments for that period.

Lifetime Income with Guaranteed Period Certain

This settlement option provides equal monthly payments for the greater of the annuitant’s remaining lifetime or a specified period of time. If the annuitant dies after payments have been made for the specified period, payments end with the payment due just before the annuitant’s death.

If you are diagnosed with a terminal illness or need to move into a nursing home, you can make a full surrender or partial withdrawal with no Market Value Adjustment, Surrender Charge, or loss of any applicable Non-Vested Premium Bonus, under certain conditions.*

*This feature is not available in the state of California.

The APP Annuity offers a diversified set of fixed and indexed crediting strategies with 1, 2 or 3 year periods that allow you and your advisor to choose the accounts and periods that align with your goals. Additionally, you can adjust the allocations on the contract anniversary, coinciding with the end of the crediting period, to continue to meet your changing needs.

The highly flexible APP allows you to continue your annuity – even after the 10-year surrender period ends. You also have the option to withdraw a portion or all of your account value or apply a settlement option to receive annuity payments over time.

When you purchase the Accumulation Protector Plus^SM Annuity you will receive a one-time premium bonus of 10%. The premium bonus is immediately credited to your account, increasing the value of your account and giving you the opportunity to earn additional interest. Your premium bonus and affiliated interest can be accessed subject to your vesting schedule. The vesting schedule applies for 10 contract years, in which the amount of vested premium bonus gradually increases from 0% to 100% vested.

The Accumulation Protector Plus^SM Annuity (APP) is a fixed indexed annuity designed to both accumulate wealth and protect it against future market downturns. With access to its exclusive and flexible crediting strategies, the APP offers protection and growth potential in any market.*

*The Accumulation Protector Plus^SM (APP) Annuity offers growth potential whether the market rises, falls, or remains the same.

The Momentum Index is a global multi-asset index that dynamically allocates across its components using a unique and flexible momentum-driven strategy with risk-adjusted weightings. The Momentum Index was designed to adapt to various market conditions and generate consistent returns over time.

The risk-monitored Momentum Index can create value for your annuity in all market types (rising, falling, or remaining the same) by taking long positions (buying) in components exhibiting the strongest trends and short positions (selling) in components with weaker trends.

Access to the Momentum Index is exclusive to buyers of the Accumulation Protector Plus^SM Annuity.  To learn more about this index, please read the Momentum Index brochure or visit:  https://www.solactive.com/indices/?index=DE000SL0LRB3

The Diversified Macro 5 Index is a fully rules-based index that offers innovative exposure to multiple asset classes. In an attempt to generate consistent returns over time, the Diversified Macro 5 Index implements a strategy that combines an equity component and a macro component (comprised of sub-strategies across fixed income, commodities and currencies components), complemented by a daily risk control mechanism.

Access to the Diversified Macro 5 Index is exclusive to buyers of the Accumulation Protector Plus^SM Annuity. To learn more about this index, please read the Diversified Macro 5 Index brochure or visit: https://merqube.com/indices/CSEAGESG

You have the flexibility to choose how your single premium is allocated across eleven crediting strategies. These crediting strategies include a Fixed Account and ten Indexed Accounts linked to three indices, the Momentum Index, the Diversified Macro 5 Index, and the S&P 500^® Index. We know that your life and needs are ever evolving, and that is why you can adjust your allocations on the contract anniversary coinciding with the end of each strategy’s crediting period. At that time, you may allocate to any available strategy for a new crediting period of one, two or three years.

Crediting periods for the Accumulation Protector Plus^SM Annuity's strategies range from one, two, or three years. These crediting strategies include a Fixed Rate account, a Trigger Rate account, and several Point-to-Point accounts with either a Participation Rate or Cap Rate. A Point-to-Point strategy measures the difference in the index’s value on each contract anniversary, comparing it to the value of the index either one, two, or three years earlier, depending on the option you choose.

In the second contract year, the Accumulation Protector Plus^SM Annuity allows you to withdraw up to 5% of your Account Value or your Required Minimum Distribution, whichever is greater. With the purchase of the Rate Enhancement Rider, this 5% increases to 10%.

The Rate Enhancement Rider is an excellent feature to add to your annuity if you want to boost your accumulation potential! This rider increases the amount available for free withdrawal from 5% to 10% of your annuity’s Account Value. Additionally, it provides an opportunity to earn more interest as it increases the Fixed, Participation, and Cap rates across your annuity’s crediting strategies. By increasing the Participation and Cap Rates, this rider offers greater exposure to potential index growth, allowing a larger percentage of your premium to be linked to index performance.

*There is a fee with the purchase of the rider. Please refer to Our Products page for current rates and fees.

The Accumulation Protector Plus^SM Annuity offers a 110% Return of Premium (ROP) Guarantee if the Rate Enhancement Rider is purchased and the contract persists to year 10. The premium is adjusted for withdrawals.

In all states other than Florida, annuity payments may begin after the fifth contract year. In Florida, annuity payments may begin after the first contract year.

The Benefit Feature protects your beneficiary. If you pass away before receiving any proceeds* (other than a Withdrawal), the amount payable to your beneficiary(ies) will be the greater of:

1. The Account Value minus any Non-Vested Premium Bonus, or
2. The Minimum Guaranteed Surrender Value determined as of the date of death.

For contracts issued in the state of California, the death benefit payable to your beneficiary(ies) is equal to the greater of the Account Value or the Minimum Guaranteed Surrender Value determined as of the date of death.

No withdrawal charges apply to death benefits, and there are several settlement options available to your beneficiary if you pass away:

1. Spousal Continuation -The Owner’s spouse, who is the sole primary beneficiary, becomes the Owner and continues to receive the benefits of the APP Annuity.
2. Lump Sum – The entire death benefit is paid to the beneficiary in a single payment.
3. Additional Settlement Options – Please see the answer to the following question for all Settlement Option details.

*Proceeds are defined as the amount payable when: (1) the Owner surrenders their Contract; (2) the Contract matures; or (3) a Settlement Option is elected through the Early Payout Feature.

Lifetime Income Only

With this option, the annuitant receives equal monthly payments for the rest of their lifetime. Payments will end with the payment due just before the annuitant’s death. No death benefit is payable with this option.

Period Certain Only

This settlement option guarantees equal monthly payments for a specified period, between 10 years and 20 years. After the fifth contract year, you may request a specific period, with guaranteed equal monthly payments, between 5 years and 20 years. If the annuitant dies before the end of the specified period, the beneficiary will receive the remaining payments for that period.

Lifetime Income with Guaranteed Period Certain

This settlement option provides equal monthly payments for the greater of the annuitant’s remaining lifetime or a specified period of time. If the annuitant dies after payments have been made for the specified period, payments end with the payment due just before the annuitant’s death.

If you are diagnosed with a terminal illness or need to move into a nursing home, you can make a full surrender or partial withdrawal with no Market Value Adjustment, Surrender Charge, or loss of any applicable Non-Vested Premium Bonus, under certain conditions.*

*This feature is not available in the state of California.

The APP Annuity offers a diversified set of fixed and indexed crediting strategies with 1, 2 or 3 year periods that allow you and your advisor to choose the accounts and periods that align with your goals. Additionally, you can adjust the allocations on the contract anniversary, coinciding with the end of the crediting period, to continue to meet your changing needs.

The highly flexible APP allows you to continue your annuity – even after the 10-year surrender period ends. You also have the option to withdraw a portion or all of your account value or apply a settlement option to receive annuity payments over time.

When you purchase the Accumulation Protector Plus^SM Annuity you will receive a one-time premium bonus of 10%. The premium bonus is immediately credited to your account, increasing the value of your account and giving you the opportunity to earn additional interest. Your premium bonus and affiliated interest can be accessed subject to your vesting schedule. The vesting schedule applies for 10 contract years, in which the amount of vested premium bonus gradually increases from 0% to 100% vested.

The Accumulation Protector Plus^SM Annuity (APP) is a fixed indexed annuity designed to both accumulate wealth and protect it against future market downturns. With access to its exclusive and flexible crediting strategies, the APP offers protection and growth potential in any market.*

*The Accumulation Protector Plus^SM (APP) Annuity offers growth potential whether the market rises, falls, or remains the same.

The Momentum Index is a global multi-asset index that dynamically allocates across its components using a unique and flexible momentum-driven strategy with risk-adjusted weightings. The Momentum Index was designed to adapt to various market conditions and generate consistent returns over time.

The risk-monitored Momentum Index can create value for your annuity in all market types (rising, falling, or remaining the same) by taking long positions (buying) in components exhibiting the strongest trends and short positions (selling) in components with weaker trends.

Access to the Momentum Index is exclusive to buyers of the Accumulation Protector Plus^SM Annuity.  To learn more about this index, please read the Momentum Index brochure or visit:  https://www.solactive.com/indices/?index=DE000SL0LRB3

The Diversified Macro 5 Index is a fully rules-based index that offers innovative exposure to multiple asset classes. In an attempt to generate consistent returns over time, the Diversified Macro 5 Index implements a strategy that combines an equity component and a macro component (comprised of sub-strategies across fixed income, commodities and currencies components), complemented by a daily risk control mechanism.

Access to the Diversified Macro 5 Index is exclusive to buyers of the Accumulation Protector Plus^SM Annuity. To learn more about this index, please read the Diversified Macro 5 Index brochure or visit: https://merqube.com/indices/CSEAGESG

Whether the market rises, falls, or remains the same, your principal is guaranteed not to decrease* due to market performance and is protected through the APP’s Fixed and Indexed Accounts.

You do not lose money, including interest earned during previous crediting periods, if the index value drops because your money is allocated to the annuity itself rather than directly to the index (or indices).

*If Rate Enhancement Rider is purchased, principal will not decrease due to market performance but could decrease due to the rider fee.

In the second contract year, the Accumulation Protector Plus^SM Annuity allows you to withdraw up to 5% of your Account Value or your Required Minimum Distribution, whichever is greater. With the purchase of the Rate Enhancement Rider, this 5% increases to 10%.

The Rate Enhancement Rider is an excellent feature to add to your annuity if you want to boost your accumulation potential! This rider increases the amount available for free withdrawal from 5% to 10% of your annuity’s Account Value. Additionally, it provides an opportunity to earn more interest as it increases the Fixed, Participation, and Cap rates across your annuity’s crediting strategies. By increasing the Participation and Cap Rates, this rider offers greater exposure to potential index growth, allowing a larger percentage of your premium to be linked to index performance.

*There is a fee with the purchase of the rider. Please refer to Our Products page for current rates and fees.

The Accumulation Protector Plus^SM Annuity offers a 110% Return of Premium (ROP) Guarantee if the Rate Enhancement Rider is purchased and the contract persists to year 10. The premium is adjusted for withdrawals.

In all states other than Florida, annuity payments may begin after the fifth contract year. In Florida, annuity payments may begin after the first contract year.

The Benefit Feature protects your beneficiary. If you pass away before receiving any proceeds* (other than a Withdrawal), the amount payable to your beneficiary(ies) will be the greater of:

1. The Account Value minus any Non-Vested Premium Bonus, or
2. The Minimum Guaranteed Surrender Value determined as of the date of death.

For contracts issued in the state of California, the death benefit payable to your beneficiary(ies) is equal to the greater of the Account Value or the Minimum Guaranteed Surrender Value determined as of the date of death.

No withdrawal charges apply to death benefits, and there are several settlement options available to your beneficiary if you pass away:

1. Spousal Continuation -The Owner’s spouse, who is the sole primary beneficiary, becomes the Owner and continues to receive the benefits of the APP Annuity.
2. Lump Sum – The entire death benefit is paid to the beneficiary in a single payment.
3. Additional Settlement Options – Please see the answer to the following question for all Settlement Option details.

*Proceeds are defined as the amount payable when: (1) the Owner surrenders their Contract; (2) the Contract matures; or (3) a Settlement Option is elected through the Early Payout Feature.

Lifetime Income Only

With this option, the annuitant receives equal monthly payments for the rest of their lifetime. Payments will end with the payment due just before the annuitant’s death. No death benefit is payable with this option.

Period Certain Only

This settlement option guarantees equal monthly payments for a specified period, between 10 years and 20 years. After the fifth contract year, you may request a specific period, with guaranteed equal monthly payments, between 5 years and 20 years. If the annuitant dies before the end of the specified period, the beneficiary will receive the remaining payments for that period.

Lifetime Income with Guaranteed Period Certain

This settlement option provides equal monthly payments for the greater of the annuitant’s remaining lifetime or a specified period of time. If the annuitant dies after payments have been made for the specified period, payments end with the payment due just before the annuitant’s death.

If you are diagnosed with a terminal illness or need to move into a nursing home, you can make a full surrender or partial withdrawal with no Market Value Adjustment, Surrender Charge, or loss of any applicable Non-Vested Premium Bonus, under certain conditions.*

*This feature is not available in the state of California.

The APP Annuity offers a diversified set of fixed and indexed crediting strategies with 1, 2 or 3 year periods that allow you and your advisor to choose the accounts and periods that align with your goals. Additionally, you can adjust the allocations on the contract anniversary, coinciding with the end of the crediting period, to continue to meet your changing needs.

The highly flexible APP allows you to continue your annuity – even after the 10-year surrender period ends. You also have the option to withdraw a portion or all of your account value or apply a settlement option to receive annuity payments over time.

When you purchase the Accumulation Protector Plus^SM Annuity you will receive a one-time premium bonus of 10%. The premium bonus is immediately credited to your account, increasing the value of your account and giving you the opportunity to earn additional interest. Your premium bonus and affiliated interest can be accessed subject to your vesting schedule. The vesting schedule applies for 10 contract years, in which the amount of vested premium bonus gradually increases from 0% to 100% vested.

The Accumulation Protector Plus^SM Annuity (APP) is a fixed indexed annuity designed to both accumulate wealth and protect it against future market downturns. With access to its exclusive and flexible crediting strategies, the APP offers protection and growth potential in any market.*

*The Accumulation Protector Plus^SM (APP) Annuity offers growth potential whether the market rises, falls, or remains the same.

The Momentum Index is a global multi-asset index that dynamically allocates across its components using a unique and flexible momentum-driven strategy with risk-adjusted weightings. The Momentum Index was designed to adapt to various market conditions and generate consistent returns over time.

The risk-monitored Momentum Index can create value for your annuity in all market types (rising, falling, or remaining the same) by taking long positions (buying) in components exhibiting the strongest trends and short positions (selling) in components with weaker trends.

Access to the Momentum Index is exclusive to buyers of the Accumulation Protector Plus^SM Annuity.  To learn more about this index, please read the Momentum Index brochure or visit:  https://www.solactive.com/indices/?index=DE000SL0LRB3

The Diversified Macro 5 Index is a fully rules-based index that offers innovative exposure to multiple asset classes. In an attempt to generate consistent returns over time, the Diversified Macro 5 Index implements a strategy that combines an equity component and a macro component (comprised of sub-strategies across fixed income, commodities and currencies components), complemented by a daily risk control mechanism.

Access to the Diversified Macro 5 Index is exclusive to buyers of the Accumulation Protector Plus^SM Annuity. To learn more about this index, please read the Diversified Macro 5 Index brochure or visit: https://merqube.com/indices/CSEAGESG

Whether the market rises, falls, or remains the same, your principal is guaranteed not to decrease* due to market performance and is protected through the APP’s Fixed and Indexed Accounts.

You do not lose money, including interest earned during previous crediting periods, if the index value drops because your money is allocated to the annuity itself rather than directly to the index (or indices).

*If Rate Enhancement Rider is purchased, principal will not decrease due to market performance but could decrease due to the rider fee.

You have the flexibility to choose how your single premium is allocated across eleven crediting strategies. These crediting strategies include a Fixed Account and ten Indexed Accounts linked to three indices, the Momentum Index, the Diversified Macro 5 Index, and the S&P 500^® Index. We know that your life and needs are ever evolving, and that is why you can adjust your allocations on the contract anniversary coinciding with the end of each strategy’s crediting period. At that time, you may allocate to any available strategy for a new crediting period of one, two or three years.

Crediting periods for the Accumulation Protector Plus^SM Annuity's strategies range from one, two, or three years. These crediting strategies include a Fixed Rate account, a Trigger Rate account, and several Point-to-Point accounts with either a Participation Rate or Cap Rate. A Point-to-Point strategy measures the difference in the index’s value on each contract anniversary, comparing it to the value of the index either one, two, or three years earlier, depending on the option you choose.

The Rate Enhancement Rider is an excellent feature to add to your annuity if you want to boost your accumulation potential! This rider increases the amount available for free withdrawal from 5% to 10% of your annuity’s Account Value. Additionally, it provides an opportunity to earn more interest as it increases the Fixed, Participation, and Cap rates across your annuity’s crediting strategies. By increasing the Participation and Cap Rates, this rider offers greater exposure to potential index growth, allowing a larger percentage of your premium to be linked to index performance.

*There is a fee with the purchase of the rider. Please refer to Our Products page for current rates and fees.

The Accumulation Protector Plus^SM Annuity offers a 110% Return of Premium (ROP) Guarantee if the Rate Enhancement Rider is purchased and the contract persists to year 10. The premium is adjusted for withdrawals.

In all states other than Florida, annuity payments may begin after the fifth contract year. In Florida, annuity payments may begin after the first contract year.

The Benefit Feature protects your beneficiary. If you pass away before receiving any proceeds* (other than a Withdrawal), the amount payable to your beneficiary(ies) will be the greater of:

1. The Account Value minus any Non-Vested Premium Bonus, or
2. The Minimum Guaranteed Surrender Value determined as of the date of death.

For contracts issued in the state of California, the death benefit payable to your beneficiary(ies) is equal to the greater of the Account Value or the Minimum Guaranteed Surrender Value determined as of the date of death.

No withdrawal charges apply to death benefits, and there are several settlement options available to your beneficiary if you pass away:

1. Spousal Continuation -The Owner’s spouse, who is the sole primary beneficiary, becomes the Owner and continues to receive the benefits of the APP Annuity.
2. Lump Sum – The entire death benefit is paid to the beneficiary in a single payment.
3. Additional Settlement Options – Please see the answer to the following question for all Settlement Option details.

*Proceeds are defined as the amount payable when: (1) the Owner surrenders their Contract; (2) the Contract matures; or (3) a Settlement Option is elected through the Early Payout Feature.

Lifetime Income Only

With this option, the annuitant receives equal monthly payments for the rest of their lifetime. Payments will end with the payment due just before the annuitant’s death. No death benefit is payable with this option.

Period Certain Only

This settlement option guarantees equal monthly payments for a specified period, between 10 years and 20 years. After the fifth contract year, you may request a specific period, with guaranteed equal monthly payments, between 5 years and 20 years. If the annuitant dies before the end of the specified period, the beneficiary will receive the remaining payments for that period.

Lifetime Income with Guaranteed Period Certain

This settlement option provides equal monthly payments for the greater of the annuitant’s remaining lifetime or a specified period of time. If the annuitant dies after payments have been made for the specified period, payments end with the payment due just before the annuitant’s death.

If you are diagnosed with a terminal illness or need to move into a nursing home, you can make a full surrender or partial withdrawal with no Market Value Adjustment, Surrender Charge, or loss of any applicable Non-Vested Premium Bonus, under certain conditions.*

*This feature is not available in the state of California.

The APP Annuity offers a diversified set of fixed and indexed crediting strategies with 1, 2 or 3 year periods that allow you and your advisor to choose the accounts and periods that align with your goals. Additionally, you can adjust the allocations on the contract anniversary, coinciding with the end of the crediting period, to continue to meet your changing needs.

The highly flexible APP allows you to continue your annuity – even after the 10-year surrender period ends. You also have the option to withdraw a portion or all of your account value or apply a settlement option to receive annuity payments over time.

When you purchase the Accumulation Protector Plus^SM Annuity you will receive a one-time premium bonus of 10%. The premium bonus is immediately credited to your account, increasing the value of your account and giving you the opportunity to earn additional interest. Your premium bonus and affiliated interest can be accessed subject to your vesting schedule. The vesting schedule applies for 10 contract years, in which the amount of vested premium bonus gradually increases from 0% to 100% vested.

The Accumulation Protector Plus^SM Annuity (APP) is a fixed indexed annuity designed to both accumulate wealth and protect it against future market downturns. With access to its exclusive and flexible crediting strategies, the APP offers protection and growth potential in any market.*

*The Accumulation Protector Plus^SM (APP) Annuity offers growth potential whether the market rises, falls, or remains the same.

The Momentum Index is a global multi-asset index that dynamically allocates across its components using a unique and flexible momentum-driven strategy with risk-adjusted weightings. The Momentum Index was designed to adapt to various market conditions and generate consistent returns over time.

The risk-monitored Momentum Index can create value for your annuity in all market types (rising, falling, or remaining the same) by taking long positions (buying) in components exhibiting the strongest trends and short positions (selling) in components with weaker trends.

Access to the Momentum Index is exclusive to buyers of the Accumulation Protector Plus^SM Annuity.  To learn more about this index, please read the Momentum Index brochure or visit:  https://www.solactive.com/indices/?index=DE000SL0LRB3

The Diversified Macro 5 Index is a fully rules-based index that offers innovative exposure to multiple asset classes. In an attempt to generate consistent returns over time, the Diversified Macro 5 Index implements a strategy that combines an equity component and a macro component (comprised of sub-strategies across fixed income, commodities and currencies components), complemented by a daily risk control mechanism.

Access to the Diversified Macro 5 Index is exclusive to buyers of the Accumulation Protector Plus^SM Annuity. To learn more about this index, please read the Diversified Macro 5 Index brochure or visit: https://merqube.com/indices/CSEAGESG

Whether the market rises, falls, or remains the same, your principal is guaranteed not to decrease* due to market performance and is protected through the APP’s Fixed and Indexed Accounts.

You do not lose money, including interest earned during previous crediting periods, if the index value drops because your money is allocated to the annuity itself rather than directly to the index (or indices).

*If Rate Enhancement Rider is purchased, principal will not decrease due to market performance but could decrease due to the rider fee.

You have the flexibility to choose how your single premium is allocated across eleven crediting strategies. These crediting strategies include a Fixed Account and ten Indexed Accounts linked to three indices, the Momentum Index, the Diversified Macro 5 Index, and the S&P 500^® Index. We know that your life and needs are ever evolving, and that is why you can adjust your allocations on the contract anniversary coinciding with the end of each strategy’s crediting period. At that time, you may allocate to any available strategy for a new crediting period of one, two or three years.

Crediting periods for the Accumulation Protector Plus^SM Annuity's strategies range from one, two, or three years. These crediting strategies include a Fixed Rate account, a Trigger Rate account, and several Point-to-Point accounts with either a Participation Rate or Cap Rate. A Point-to-Point strategy measures the difference in the index’s value on each contract anniversary, comparing it to the value of the index either one, two, or three years earlier, depending on the option you choose.

In the second contract year, the Accumulation Protector Plus^SM Annuity allows you to withdraw up to 5% of your Account Value or your Required Minimum Distribution, whichever is greater. With the purchase of the Rate Enhancement Rider, this 5% increases to 10%.

In all states other than Florida, annuity payments may begin after the fifth contract year. In Florida, annuity payments may begin after the first contract year.

The Benefit Feature protects your beneficiary. If you pass away before receiving any proceeds* (other than a Withdrawal), the amount payable to your beneficiary(ies) will be the greater of:

1. The Account Value minus any Non-Vested Premium Bonus, or
2. The Minimum Guaranteed Surrender Value determined as of the date of death.

For contracts issued in the state of California, the death benefit payable to your beneficiary(ies) is equal to the greater of the Account Value or the Minimum Guaranteed Surrender Value determined as of the date of death.

No withdrawal charges apply to death benefits, and there are several settlement options available to your beneficiary if you pass away:

1. Spousal Continuation -The Owner’s spouse, who is the sole primary beneficiary, becomes the Owner and continues to receive the benefits of the APP Annuity.
2. Lump Sum – The entire death benefit is paid to the beneficiary in a single payment.
3. Additional Settlement Options – Please see the answer to the following question for all Settlement Option details.

*Proceeds are defined as the amount payable when: (1) the Owner surrenders their Contract; (2) the Contract matures; or (3) a Settlement Option is elected through the Early Payout Feature.

Lifetime Income Only

With this option, the annuitant receives equal monthly payments for the rest of their lifetime. Payments will end with the payment due just before the annuitant’s death. No death benefit is payable with this option.

Period Certain Only

This settlement option guarantees equal monthly payments for a specified period, between 10 years and 20 years. After the fifth contract year, you may request a specific period, with guaranteed equal monthly payments, between 5 years and 20 years. If the annuitant dies before the end of the specified period, the beneficiary will receive the remaining payments for that period.

Lifetime Income with Guaranteed Period Certain

This settlement option provides equal monthly payments for the greater of the annuitant’s remaining lifetime or a specified period of time. If the annuitant dies after payments have been made for the specified period, payments end with the payment due just before the annuitant’s death.

If you are diagnosed with a terminal illness or need to move into a nursing home, you can make a full surrender or partial withdrawal with no Market Value Adjustment, Surrender Charge, or loss of any applicable Non-Vested Premium Bonus, under certain conditions.*

*This feature is not available in the state of California.

The APP Annuity offers a diversified set of fixed and indexed crediting strategies with 1, 2 or 3 year periods that allow you and your advisor to choose the accounts and periods that align with your goals. Additionally, you can adjust the allocations on the contract anniversary, coinciding with the end of the crediting period, to continue to meet your changing needs.

The highly flexible APP allows you to continue your annuity – even after the 10-year surrender period ends. You also have the option to withdraw a portion or all of your account value or apply a settlement option to receive annuity payments over time.

When you purchase the Accumulation Protector Plus^SM Annuity you will receive a one-time premium bonus of 10%. The premium bonus is immediately credited to your account, increasing the value of your account and giving you the opportunity to earn additional interest. Your premium bonus and affiliated interest can be accessed subject to your vesting schedule. The vesting schedule applies for 10 contract years, in which the amount of vested premium bonus gradually increases from 0% to 100% vested.

The Accumulation Protector Plus^SM Annuity (APP) is a fixed indexed annuity designed to both accumulate wealth and protect it against future market downturns. With access to its exclusive and flexible crediting strategies, the APP offers protection and growth potential in any market.*

*The Accumulation Protector Plus^SM (APP) Annuity offers growth potential whether the market rises, falls, or remains the same.

The Momentum Index is a global multi-asset index that dynamically allocates across its components using a unique and flexible momentum-driven strategy with risk-adjusted weightings. The Momentum Index was designed to adapt to various market conditions and generate consistent returns over time.

The risk-monitored Momentum Index can create value for your annuity in all market types (rising, falling, or remaining the same) by taking long positions (buying) in components exhibiting the strongest trends and short positions (selling) in components with weaker trends.

Access to the Momentum Index is exclusive to buyers of the Accumulation Protector Plus^SM Annuity.  To learn more about this index, please read the Momentum Index brochure or visit:  https://www.solactive.com/indices/?index=DE000SL0LRB3

The Diversified Macro 5 Index is a fully rules-based index that offers innovative exposure to multiple asset classes. In an attempt to generate consistent returns over time, the Diversified Macro 5 Index implements a strategy that combines an equity component and a macro component (comprised of sub-strategies across fixed income, commodities and currencies components), complemented by a daily risk control mechanism.

Access to the Diversified Macro 5 Index is exclusive to buyers of the Accumulation Protector Plus^SM Annuity. To learn more about this index, please read the Diversified Macro 5 Index brochure or visit: https://merqube.com/indices/CSEAGESG

Whether the market rises, falls, or remains the same, your principal is guaranteed not to decrease* due to market performance and is protected through the APP’s Fixed and Indexed Accounts.

You do not lose money, including interest earned during previous crediting periods, if the index value drops because your money is allocated to the annuity itself rather than directly to the index (or indices).

*If Rate Enhancement Rider is purchased, principal will not decrease due to market performance but could decrease due to the rider fee.

You have the flexibility to choose how your single premium is allocated across eleven crediting strategies. These crediting strategies include a Fixed Account and ten Indexed Accounts linked to three indices, the Momentum Index, the Diversified Macro 5 Index, and the S&P 500^® Index. We know that your life and needs are ever evolving, and that is why you can adjust your allocations on the contract anniversary coinciding with the end of each strategy’s crediting period. At that time, you may allocate to any available strategy for a new crediting period of one, two or three years.

Crediting periods for the Accumulation Protector Plus^SM Annuity's strategies range from one, two, or three years. These crediting strategies include a Fixed Rate account, a Trigger Rate account, and several Point-to-Point accounts with either a Participation Rate or Cap Rate. A Point-to-Point strategy measures the difference in the index’s value on each contract anniversary, comparing it to the value of the index either one, two, or three years earlier, depending on the option you choose.

In the second contract year, the Accumulation Protector Plus^SM Annuity allows you to withdraw up to 5% of your Account Value or your Required Minimum Distribution, whichever is greater. With the purchase of the Rate Enhancement Rider, this 5% increases to 10%.

The Rate Enhancement Rider is an excellent feature to add to your annuity if you want to boost your accumulation potential! This rider increases the amount available for free withdrawal from 5% to 10% of your annuity’s Account Value. Additionally, it provides an opportunity to earn more interest as it increases the Fixed, Participation, and Cap rates across your annuity’s crediting strategies. By increasing the Participation and Cap Rates, this rider offers greater exposure to potential index growth, allowing a larger percentage of your premium to be linked to index performance.

*There is a fee with the purchase of the rider. Please refer to Our Products page for current rates and fees.

The Accumulation Protector Plus^SM Annuity offers a 110% Return of Premium (ROP) Guarantee if the Rate Enhancement Rider is purchased and the contract persists to year 10. The premium is adjusted for withdrawals.

The Benefit Feature protects your beneficiary. If you pass away before receiving any proceeds* (other than a Withdrawal), the amount payable to your beneficiary(ies) will be the greater of:

1. The Account Value minus any Non-Vested Premium Bonus, or
2. The Minimum Guaranteed Surrender Value determined as of the date of death.

For contracts issued in the state of California, the death benefit payable to your beneficiary(ies) is equal to the greater of the Account Value or the Minimum Guaranteed Surrender Value determined as of the date of death.

No withdrawal charges apply to death benefits, and there are several settlement options available to your beneficiary if you pass away:

1. Spousal Continuation -The Owner’s spouse, who is the sole primary beneficiary, becomes the Owner and continues to receive the benefits of the APP Annuity.
2. Lump Sum – The entire death benefit is paid to the beneficiary in a single payment.
3. Additional Settlement Options – Please see the answer to the following question for all Settlement Option details.

*Proceeds are defined as the amount payable when: (1) the Owner surrenders their Contract; (2) the Contract matures; or (3) a Settlement Option is elected through the Early Payout Feature.

Lifetime Income Only

With this option, the annuitant receives equal monthly payments for the rest of their lifetime. Payments will end with the payment due just before the annuitant’s death. No death benefit is payable with this option.

Period Certain Only

This settlement option guarantees equal monthly payments for a specified period, between 10 years and 20 years. After the fifth contract year, you may request a specific period, with guaranteed equal monthly payments, between 5 years and 20 years. If the annuitant dies before the end of the specified period, the beneficiary will receive the remaining payments for that period.

Lifetime Income with Guaranteed Period Certain

This settlement option provides equal monthly payments for the greater of the annuitant’s remaining lifetime or a specified period of time. If the annuitant dies after payments have been made for the specified period, payments end with the payment due just before the annuitant’s death.

If you are diagnosed with a terminal illness or need to move into a nursing home, you can make a full surrender or partial withdrawal with no Market Value Adjustment, Surrender Charge, or loss of any applicable Non-Vested Premium Bonus, under certain conditions.*

*This feature is not available in the state of California.

The APP Annuity offers a diversified set of fixed and indexed crediting strategies with 1, 2 or 3 year periods that allow you and your advisor to choose the accounts and periods that align with your goals. Additionally, you can adjust the allocations on the contract anniversary, coinciding with the end of the crediting period, to continue to meet your changing needs.

The highly flexible APP allows you to continue your annuity – even after the 10-year surrender period ends. You also have the option to withdraw a portion or all of your account value or apply a settlement option to receive annuity payments over time.

When you purchase the Accumulation Protector Plus^SM Annuity you will receive a one-time premium bonus of 10%. The premium bonus is immediately credited to your account, increasing the value of your account and giving you the opportunity to earn additional interest. Your premium bonus and affiliated interest can be accessed subject to your vesting schedule. The vesting schedule applies for 10 contract years, in which the amount of vested premium bonus gradually increases from 0% to 100% vested.

The Accumulation Protector Plus^SM Annuity (APP) is a fixed indexed annuity designed to both accumulate wealth and protect it against future market downturns. With access to its exclusive and flexible crediting strategies, the APP offers protection and growth potential in any market.*

*The Accumulation Protector Plus^SM (APP) Annuity offers growth potential whether the market rises, falls, or remains the same.

The Momentum Index is a global multi-asset index that dynamically allocates across its components using a unique and flexible momentum-driven strategy with risk-adjusted weightings. The Momentum Index was designed to adapt to various market conditions and generate consistent returns over time.

The risk-monitored Momentum Index can create value for your annuity in all market types (rising, falling, or remaining the same) by taking long positions (buying) in components exhibiting the strongest trends and short positions (selling) in components with weaker trends.

Access to the Momentum Index is exclusive to buyers of the Accumulation Protector Plus^SM Annuity.  To learn more about this index, please read the Momentum Index brochure or visit:  https://www.solactive.com/indices/?index=DE000SL0LRB3

The Diversified Macro 5 Index is a fully rules-based index that offers innovative exposure to multiple asset classes. In an attempt to generate consistent returns over time, the Diversified Macro 5 Index implements a strategy that combines an equity component and a macro component (comprised of sub-strategies across fixed income, commodities and currencies components), complemented by a daily risk control mechanism.

Access to the Diversified Macro 5 Index is exclusive to buyers of the Accumulation Protector Plus^SM Annuity. To learn more about this index, please read the Diversified Macro 5 Index brochure or visit: https://merqube.com/indices/CSEAGESG

Whether the market rises, falls, or remains the same, your principal is guaranteed not to decrease* due to market performance and is protected through the APP’s Fixed and Indexed Accounts.

You do not lose money, including interest earned during previous crediting periods, if the index value drops because your money is allocated to the annuity itself rather than directly to the index (or indices).

*If Rate Enhancement Rider is purchased, principal will not decrease due to market performance but could decrease due to the rider fee.

You have the flexibility to choose how your single premium is allocated across eleven crediting strategies. These crediting strategies include a Fixed Account and ten Indexed Accounts linked to three indices, the Momentum Index, the Diversified Macro 5 Index, and the S&P 500^® Index. We know that your life and needs are ever evolving, and that is why you can adjust your allocations on the contract anniversary coinciding with the end of each strategy’s crediting period. At that time, you may allocate to any available strategy for a new crediting period of one, two or three years.

Crediting periods for the Accumulation Protector Plus^SM Annuity's strategies range from one, two, or three years. These crediting strategies include a Fixed Rate account, a Trigger Rate account, and several Point-to-Point accounts with either a Participation Rate or Cap Rate. A Point-to-Point strategy measures the difference in the index’s value on each contract anniversary, comparing it to the value of the index either one, two, or three years earlier, depending on the option you choose.

In the second contract year, the Accumulation Protector Plus^SM Annuity allows you to withdraw up to 5% of your Account Value or your Required Minimum Distribution, whichever is greater. With the purchase of the Rate Enhancement Rider, this 5% increases to 10%.

The Rate Enhancement Rider is an excellent feature to add to your annuity if you want to boost your accumulation potential! This rider increases the amount available for free withdrawal from 5% to 10% of your annuity’s Account Value. Additionally, it provides an opportunity to earn more interest as it increases the Fixed, Participation, and Cap rates across your annuity’s crediting strategies. By increasing the Participation and Cap Rates, this rider offers greater exposure to potential index growth, allowing a larger percentage of your premium to be linked to index performance.

*There is a fee with the purchase of the rider. Please refer to Our Products page for current rates and fees.

The Accumulation Protector Plus^SM Annuity offers a 110% Return of Premium (ROP) Guarantee if the Rate Enhancement Rider is purchased and the contract persists to year 10. The premium is adjusted for withdrawals.

In all states other than Florida, annuity payments may begin after the fifth contract year. In Florida, annuity payments may begin after the first contract year.

Lifetime Income Only

With this option, the annuitant receives equal monthly payments for the rest of their lifetime. Payments will end with the payment due just before the annuitant’s death. No death benefit is payable with this option.

Period Certain Only

This settlement option guarantees equal monthly payments for a specified period, between 10 years and 20 years. After the fifth contract year, you may request a specific period, with guaranteed equal monthly payments, between 5 years and 20 years. If the annuitant dies before the end of the specified period, the beneficiary will receive the remaining payments for that period.

Lifetime Income with Guaranteed Period Certain

This settlement option provides equal monthly payments for the greater of the annuitant’s remaining lifetime or a specified period of time. If the annuitant dies after payments have been made for the specified period, payments end with the payment due just before the annuitant’s death.

If you are diagnosed with a terminal illness or need to move into a nursing home, you can make a full surrender or partial withdrawal with no Market Value Adjustment, Surrender Charge, or loss of any applicable Non-Vested Premium Bonus, under certain conditions.*

*This feature is not available in the state of California.

The APP Annuity offers a diversified set of fixed and indexed crediting strategies with 1, 2 or 3 year periods that allow you and your advisor to choose the accounts and periods that align with your goals. Additionally, you can adjust the allocations on the contract anniversary, coinciding with the end of the crediting period, to continue to meet your changing needs.

The highly flexible APP allows you to continue your annuity – even after the 10-year surrender period ends. You also have the option to withdraw a portion or all of your account value or apply a settlement option to receive annuity payments over time.

When you purchase the Accumulation Protector Plus^SM Annuity you will receive a one-time premium bonus of 10%. The premium bonus is immediately credited to your account, increasing the value of your account and giving you the opportunity to earn additional interest. Your premium bonus and affiliated interest can be accessed subject to your vesting schedule. The vesting schedule applies for 10 contract years, in which the amount of vested premium bonus gradually increases from 0% to 100% vested.

The Accumulation Protector Plus^SM Annuity (APP) is a fixed indexed annuity designed to both accumulate wealth and protect it against future market downturns. With access to its exclusive and flexible crediting strategies, the APP offers protection and growth potential in any market.*

*The Accumulation Protector Plus^SM (APP) Annuity offers growth potential whether the market rises, falls, or remains the same.

The Momentum Index is a global multi-asset index that dynamically allocates across its components using a unique and flexible momentum-driven strategy with risk-adjusted weightings. The Momentum Index was designed to adapt to various market conditions and generate consistent returns over time.

The risk-monitored Momentum Index can create value for your annuity in all market types (rising, falling, or remaining the same) by taking long positions (buying) in components exhibiting the strongest trends and short positions (selling) in components with weaker trends.

Access to the Momentum Index is exclusive to buyers of the Accumulation Protector Plus^SM Annuity.  To learn more about this index, please read the Momentum Index brochure or visit:  https://www.solactive.com/indices/?index=DE000SL0LRB3

The Diversified Macro 5 Index is a fully rules-based index that offers innovative exposure to multiple asset classes. In an attempt to generate consistent returns over time, the Diversified Macro 5 Index implements a strategy that combines an equity component and a macro component (comprised of sub-strategies across fixed income, commodities and currencies components), complemented by a daily risk control mechanism.

Access to the Diversified Macro 5 Index is exclusive to buyers of the Accumulation Protector Plus^SM Annuity. To learn more about this index, please read the Diversified Macro 5 Index brochure or visit: https://merqube.com/indices/CSEAGESG

Whether the market rises, falls, or remains the same, your principal is guaranteed not to decrease* due to market performance and is protected through the APP’s Fixed and Indexed Accounts.

You do not lose money, including interest earned during previous crediting periods, if the index value drops because your money is allocated to the annuity itself rather than directly to the index (or indices).

*If Rate Enhancement Rider is purchased, principal will not decrease due to market performance but could decrease due to the rider fee.

You have the flexibility to choose how your single premium is allocated across eleven crediting strategies. These crediting strategies include a Fixed Account and ten Indexed Accounts linked to three indices, the Momentum Index, the Diversified Macro 5 Index, and the S&P 500^® Index. We know that your life and needs are ever evolving, and that is why you can adjust your allocations on the contract anniversary coinciding with the end of each strategy’s crediting period. At that time, you may allocate to any available strategy for a new crediting period of one, two or three years.

Crediting periods for the Accumulation Protector Plus^SM Annuity's strategies range from one, two, or three years. These crediting strategies include a Fixed Rate account, a Trigger Rate account, and several Point-to-Point accounts with either a Participation Rate or Cap Rate. A Point-to-Point strategy measures the difference in the index’s value on each contract anniversary, comparing it to the value of the index either one, two, or three years earlier, depending on the option you choose.

In the second contract year, the Accumulation Protector Plus^SM Annuity allows you to withdraw up to 5% of your Account Value or your Required Minimum Distribution, whichever is greater. With the purchase of the Rate Enhancement Rider, this 5% increases to 10%.

The Rate Enhancement Rider is an excellent feature to add to your annuity if you want to boost your accumulation potential! This rider increases the amount available for free withdrawal from 5% to 10% of your annuity’s Account Value. Additionally, it provides an opportunity to earn more interest as it increases the Fixed, Participation, and Cap rates across your annuity’s crediting strategies. By increasing the Participation and Cap Rates, this rider offers greater exposure to potential index growth, allowing a larger percentage of your premium to be linked to index performance.

*There is a fee with the purchase of the rider. Please refer to Our Products page for current rates and fees.

The Accumulation Protector Plus^SM Annuity offers a 110% Return of Premium (ROP) Guarantee if the Rate Enhancement Rider is purchased and the contract persists to year 10. The premium is adjusted for withdrawals.

In all states other than Florida, annuity payments may begin after the fifth contract year. In Florida, annuity payments may begin after the first contract year.

The Benefit Feature protects your beneficiary. If you pass away before receiving any proceeds* (other than a Withdrawal), the amount payable to your beneficiary(ies) will be the greater of:

1. The Account Value minus any Non-Vested Premium Bonus, or
2. The Minimum Guaranteed Surrender Value determined as of the date of death.

For contracts issued in the state of California, the death benefit payable to your beneficiary(ies) is equal to the greater of the Account Value or the Minimum Guaranteed Surrender Value determined as of the date of death.

No withdrawal charges apply to death benefits, and there are several settlement options available to your beneficiary if you pass away:

1. Spousal Continuation -The Owner’s spouse, who is the sole primary beneficiary, becomes the Owner and continues to receive the benefits of the APP Annuity.
2. Lump Sum – The entire death benefit is paid to the beneficiary in a single payment.
3. Additional Settlement Options – Please see the answer to the following question for all Settlement Option details.

*Proceeds are defined as the amount payable when: (1) the Owner surrenders their Contract; (2) the Contract matures; or (3) a Settlement Option is elected through the Early Payout Feature.

If you are diagnosed with a terminal illness or need to move into a nursing home, you can make a full surrender or partial withdrawal with no Market Value Adjustment, Surrender Charge, or loss of any applicable Non-Vested Premium Bonus, under certain conditions.*

*This feature is not available in the state of California.

The APP Annuity offers a diversified set of fixed and indexed crediting strategies with 1, 2 or 3 year periods that allow you and your advisor to choose the accounts and periods that align with your goals. Additionally, you can adjust the allocations on the contract anniversary, coinciding with the end of the crediting period, to continue to meet your changing needs.

The highly flexible APP allows you to continue your annuity – even after the 10-year surrender period ends. You also have the option to withdraw a portion or all of your account value or apply a settlement option to receive annuity payments over time.

When you purchase the Accumulation Protector Plus^SM Annuity you will receive a one-time premium bonus of 10%. The premium bonus is immediately credited to your account, increasing the value of your account and giving you the opportunity to earn additional interest. Your premium bonus and affiliated interest can be accessed subject to your vesting schedule. The vesting schedule applies for 10 contract years, in which the amount of vested premium bonus gradually increases from 0% to 100% vested.

The Accumulation Protector Plus^SM Annuity (APP) is a fixed indexed annuity designed to both accumulate wealth and protect it against future market downturns. With access to its exclusive and flexible crediting strategies, the APP offers protection and growth potential in any market.*

*The Accumulation Protector Plus^SM (APP) Annuity offers growth potential whether the market rises, falls, or remains the same.

The Momentum Index is a global multi-asset index that dynamically allocates across its components using a unique and flexible momentum-driven strategy with risk-adjusted weightings. The Momentum Index was designed to adapt to various market conditions and generate consistent returns over time.

The risk-monitored Momentum Index can create value for your annuity in all market types (rising, falling, or remaining the same) by taking long positions (buying) in components exhibiting the strongest trends and short positions (selling) in components with weaker trends.

Access to the Momentum Index is exclusive to buyers of the Accumulation Protector Plus^SM Annuity.  To learn more about this index, please read the Momentum Index brochure or visit:  https://www.solactive.com/indices/?index=DE000SL0LRB3

The Diversified Macro 5 Index is a fully rules-based index that offers innovative exposure to multiple asset classes. In an attempt to generate consistent returns over time, the Diversified Macro 5 Index implements a strategy that combines an equity component and a macro component (comprised of sub-strategies across fixed income, commodities and currencies components), complemented by a daily risk control mechanism.

Access to the Diversified Macro 5 Index is exclusive to buyers of the Accumulation Protector Plus^SM Annuity. To learn more about this index, please read the Diversified Macro 5 Index brochure or visit: https://merqube.com/indices/CSEAGESG

Whether the market rises, falls, or remains the same, your principal is guaranteed not to decrease* due to market performance and is protected through the APP’s Fixed and Indexed Accounts.

You do not lose money, including interest earned during previous crediting periods, if the index value drops because your money is allocated to the annuity itself rather than directly to the index (or indices).

*If Rate Enhancement Rider is purchased, principal will not decrease due to market performance but could decrease due to the rider fee.

You have the flexibility to choose how your single premium is allocated across eleven crediting strategies. These crediting strategies include a Fixed Account and ten Indexed Accounts linked to three indices, the Momentum Index, the Diversified Macro 5 Index, and the S&P 500^® Index. We know that your life and needs are ever evolving, and that is why you can adjust your allocations on the contract anniversary coinciding with the end of each strategy’s crediting period. At that time, you may allocate to any available strategy for a new crediting period of one, two or three years.

Crediting periods for the Accumulation Protector Plus^SM Annuity's strategies range from one, two, or three years. These crediting strategies include a Fixed Rate account, a Trigger Rate account, and several Point-to-Point accounts with either a Participation Rate or Cap Rate. A Point-to-Point strategy measures the difference in the index’s value on each contract anniversary, comparing it to the value of the index either one, two, or three years earlier, depending on the option you choose.

In the second contract year, the Accumulation Protector Plus^SM Annuity allows you to withdraw up to 5% of your Account Value or your Required Minimum Distribution, whichever is greater. With the purchase of the Rate Enhancement Rider, this 5% increases to 10%.

The Rate Enhancement Rider is an excellent feature to add to your annuity if you want to boost your accumulation potential! This rider increases the amount available for free withdrawal from 5% to 10% of your annuity’s Account Value. Additionally, it provides an opportunity to earn more interest as it increases the Fixed, Participation, and Cap rates across your annuity’s crediting strategies. By increasing the Participation and Cap Rates, this rider offers greater exposure to potential index growth, allowing a larger percentage of your premium to be linked to index performance.

*There is a fee with the purchase of the rider. Please refer to Our Products page for current rates and fees.

The Accumulation Protector Plus^SM Annuity offers a 110% Return of Premium (ROP) Guarantee if the Rate Enhancement Rider is purchased and the contract persists to year 10. The premium is adjusted for withdrawals.

In all states other than Florida, annuity payments may begin after the fifth contract year. In Florida, annuity payments may begin after the first contract year.

The Benefit Feature protects your beneficiary. If you pass away before receiving any proceeds* (other than a Withdrawal), the amount payable to your beneficiary(ies) will be the greater of:

1. The Account Value minus any Non-Vested Premium Bonus, or
2. The Minimum Guaranteed Surrender Value determined as of the date of death.

For contracts issued in the state of California, the death benefit payable to your beneficiary(ies) is equal to the greater of the Account Value or the Minimum Guaranteed Surrender Value determined as of the date of death.

No withdrawal charges apply to death benefits, and there are several settlement options available to your beneficiary if you pass away:

1. Spousal Continuation -The Owner’s spouse, who is the sole primary beneficiary, becomes the Owner and continues to receive the benefits of the APP Annuity.
2. Lump Sum – The entire death benefit is paid to the beneficiary in a single payment.
3. Additional Settlement Options – Please see the answer to the following question for all Settlement Option details.

*Proceeds are defined as the amount payable when: (1) the Owner surrenders their Contract; (2) the Contract matures; or (3) a Settlement Option is elected through the Early Payout Feature.

Lifetime Income Only

With this option, the annuitant receives equal monthly payments for the rest of their lifetime. Payments will end with the payment due just before the annuitant’s death. No death benefit is payable with this option.

Period Certain Only

This settlement option guarantees equal monthly payments for a specified period, between 10 years and 20 years. After the fifth contract year, you may request a specific period, with guaranteed equal monthly payments, between 5 years and 20 years. If the annuitant dies before the end of the specified period, the beneficiary will receive the remaining payments for that period.

Lifetime Income with Guaranteed Period Certain

This settlement option provides equal monthly payments for the greater of the annuitant’s remaining lifetime or a specified period of time. If the annuitant dies after payments have been made for the specified period, payments end with the payment due just before the annuitant’s death.

The APP Annuity offers a diversified set of fixed and indexed crediting strategies with 1, 2 or 3 year periods that allow you and your advisor to choose the accounts and periods that align with your goals. Additionally, you can adjust the allocations on the contract anniversary, coinciding with the end of the crediting period, to continue to meet your changing needs.

The highly flexible APP allows you to continue your annuity – even after the 10-year surrender period ends. You also have the option to withdraw a portion or all of your account value or apply a settlement option to receive annuity payments over time.

When you purchase the Accumulation Protector Plus^SM Annuity you will receive a one-time premium bonus of 10%. The premium bonus is immediately credited to your account, increasing the value of your account and giving you the opportunity to earn additional interest. Your premium bonus and affiliated interest can be accessed subject to your vesting schedule. The vesting schedule applies for 10 contract years, in which the amount of vested premium bonus gradually increases from 0% to 100% vested.

The Accumulation Protector Plus^SM Annuity (APP) is a fixed indexed annuity designed to both accumulate wealth and protect it against future market downturns. With access to its exclusive and flexible crediting strategies, the APP offers protection and growth potential in any market.*

*The Accumulation Protector Plus^SM (APP) Annuity offers growth potential whether the market rises, falls, or remains the same.

The Momentum Index is a global multi-asset index that dynamically allocates across its components using a unique and flexible momentum-driven strategy with risk-adjusted weightings. The Momentum Index was designed to adapt to various market conditions and generate consistent returns over time.

The risk-monitored Momentum Index can create value for your annuity in all market types (rising, falling, or remaining the same) by taking long positions (buying) in components exhibiting the strongest trends and short positions (selling) in components with weaker trends.

Access to the Momentum Index is exclusive to buyers of the Accumulation Protector Plus^SM Annuity.  To learn more about this index, please read the Momentum Index brochure or visit:  https://www.solactive.com/indices/?index=DE000SL0LRB3

The Diversified Macro 5 Index is a fully rules-based index that offers innovative exposure to multiple asset classes. In an attempt to generate consistent returns over time, the Diversified Macro 5 Index implements a strategy that combines an equity component and a macro component (comprised of sub-strategies across fixed income, commodities and currencies components), complemented by a daily risk control mechanism.

Access to the Diversified Macro 5 Index is exclusive to buyers of the Accumulation Protector Plus^SM Annuity. To learn more about this index, please read the Diversified Macro 5 Index brochure or visit: https://merqube.com/indices/CSEAGESG

Whether the market rises, falls, or remains the same, your principal is guaranteed not to decrease* due to market performance and is protected through the APP’s Fixed and Indexed Accounts.

You do not lose money, including interest earned during previous crediting periods, if the index value drops because your money is allocated to the annuity itself rather than directly to the index (or indices).

*If Rate Enhancement Rider is purchased, principal will not decrease due to market performance but could decrease due to the rider fee.

You have the flexibility to choose how your single premium is allocated across eleven crediting strategies. These crediting strategies include a Fixed Account and ten Indexed Accounts linked to three indices, the Momentum Index, the Diversified Macro 5 Index, and the S&P 500^® Index. We know that your life and needs are ever evolving, and that is why you can adjust your allocations on the contract anniversary coinciding with the end of each strategy’s crediting period. At that time, you may allocate to any available strategy for a new crediting period of one, two or three years.

Crediting periods for the Accumulation Protector Plus^SM Annuity's strategies range from one, two, or three years. These crediting strategies include a Fixed Rate account, a Trigger Rate account, and several Point-to-Point accounts with either a Participation Rate or Cap Rate. A Point-to-Point strategy measures the difference in the index’s value on each contract anniversary, comparing it to the value of the index either one, two, or three years earlier, depending on the option you choose.

In the second contract year, the Accumulation Protector Plus^SM Annuity allows you to withdraw up to 5% of your Account Value or your Required Minimum Distribution, whichever is greater. With the purchase of the Rate Enhancement Rider, this 5% increases to 10%.

The Rate Enhancement Rider is an excellent feature to add to your annuity if you want to boost your accumulation potential! This rider increases the amount available for free withdrawal from 5% to 10% of your annuity’s Account Value. Additionally, it provides an opportunity to earn more interest as it increases the Fixed, Participation, and Cap rates across your annuity’s crediting strategies. By increasing the Participation and Cap Rates, this rider offers greater exposure to potential index growth, allowing a larger percentage of your premium to be linked to index performance.

*There is a fee with the purchase of the rider. Please refer to Our Products page for current rates and fees.

The Accumulation Protector Plus^SM Annuity offers a 110% Return of Premium (ROP) Guarantee if the Rate Enhancement Rider is purchased and the contract persists to year 10. The premium is adjusted for withdrawals.

In all states other than Florida, annuity payments may begin after the fifth contract year. In Florida, annuity payments may begin after the first contract year.

The Benefit Feature protects your beneficiary. If you pass away before receiving any proceeds* (other than a Withdrawal), the amount payable to your beneficiary(ies) will be the greater of:

1. The Account Value minus any Non-Vested Premium Bonus, or
2. The Minimum Guaranteed Surrender Value determined as of the date of death.

For contracts issued in the state of California, the death benefit payable to your beneficiary(ies) is equal to the greater of the Account Value or the Minimum Guaranteed Surrender Value determined as of the date of death.

No withdrawal charges apply to death benefits, and there are several settlement options available to your beneficiary if you pass away:

1. Spousal Continuation -The Owner’s spouse, who is the sole primary beneficiary, becomes the Owner and continues to receive the benefits of the APP Annuity.
2. Lump Sum – The entire death benefit is paid to the beneficiary in a single payment.
3. Additional Settlement Options – Please see the answer to the following question for all Settlement Option details.

*Proceeds are defined as the amount payable when: (1) the Owner surrenders their Contract; (2) the Contract matures; or (3) a Settlement Option is elected through the Early Payout Feature.

Lifetime Income Only

With this option, the annuitant receives equal monthly payments for the rest of their lifetime. Payments will end with the payment due just before the annuitant’s death. No death benefit is payable with this option.

Period Certain Only

This settlement option guarantees equal monthly payments for a specified period, between 10 years and 20 years. After the fifth contract year, you may request a specific period, with guaranteed equal monthly payments, between 5 years and 20 years. If the annuitant dies before the end of the specified period, the beneficiary will receive the remaining payments for that period.

Lifetime Income with Guaranteed Period Certain

This settlement option provides equal monthly payments for the greater of the annuitant’s remaining lifetime or a specified period of time. If the annuitant dies after payments have been made for the specified period, payments end with the payment due just before the annuitant’s death.

If you are diagnosed with a terminal illness or need to move into a nursing home, you can make a full surrender or partial withdrawal with no Market Value Adjustment, Surrender Charge, or loss of any applicable Non-Vested Premium Bonus, under certain conditions.*

*This feature is not available in the state of California.

The highly flexible APP allows you to continue your annuity – even after the 10-year surrender period ends. You also have the option to withdraw a portion or all of your account value or apply a settlement option to receive annuity payments over time.

When you purchase the Accumulation Protector Plus^SM Annuity you will receive a one-time premium bonus of 10%. The premium bonus is immediately credited to your account, increasing the value of your account and giving you the opportunity to earn additional interest. Your premium bonus and affiliated interest can be accessed subject to your vesting schedule. The vesting schedule applies for 10 contract years, in which the amount of vested premium bonus gradually increases from 0% to 100% vested.

The Accumulation Protector Plus^SM Annuity (APP) is a fixed indexed annuity designed to both accumulate wealth and protect it against future market downturns. With access to its exclusive and flexible crediting strategies, the APP offers protection and growth potential in any market.*

*The Accumulation Protector Plus^SM (APP) Annuity offers growth potential whether the market rises, falls, or remains the same.

The Momentum Index is a global multi-asset index that dynamically allocates across its components using a unique and flexible momentum-driven strategy with risk-adjusted weightings. The Momentum Index was designed to adapt to various market conditions and generate consistent returns over time.

The risk-monitored Momentum Index can create value for your annuity in all market types (rising, falling, or remaining the same) by taking long positions (buying) in components exhibiting the strongest trends and short positions (selling) in components with weaker trends.

Access to the Momentum Index is exclusive to buyers of the Accumulation Protector Plus^SM Annuity.  To learn more about this index, please read the Momentum Index brochure or visit:  https://www.solactive.com/indices/?index=DE000SL0LRB3

The Diversified Macro 5 Index is a fully rules-based index that offers innovative exposure to multiple asset classes. In an attempt to generate consistent returns over time, the Diversified Macro 5 Index implements a strategy that combines an equity component and a macro component (comprised of sub-strategies across fixed income, commodities and currencies components), complemented by a daily risk control mechanism.

Access to the Diversified Macro 5 Index is exclusive to buyers of the Accumulation Protector Plus^SM Annuity. To learn more about this index, please read the Diversified Macro 5 Index brochure or visit: https://merqube.com/indices/CSEAGESG

Whether the market rises, falls, or remains the same, your principal is guaranteed not to decrease* due to market performance and is protected through the APP’s Fixed and Indexed Accounts.

You do not lose money, including interest earned during previous crediting periods, if the index value drops because your money is allocated to the annuity itself rather than directly to the index (or indices).

*If Rate Enhancement Rider is purchased, principal will not decrease due to market performance but could decrease due to the rider fee.

You have the flexibility to choose how your single premium is allocated across eleven crediting strategies. These crediting strategies include a Fixed Account and ten Indexed Accounts linked to three indices, the Momentum Index, the Diversified Macro 5 Index, and the S&P 500^® Index. We know that your life and needs are ever evolving, and that is why you can adjust your allocations on the contract anniversary coinciding with the end of each strategy’s crediting period. At that time, you may allocate to any available strategy for a new crediting period of one, two or three years.

Crediting periods for the Accumulation Protector Plus^SM Annuity's strategies range from one, two, or three years. These crediting strategies include a Fixed Rate account, a Trigger Rate account, and several Point-to-Point accounts with either a Participation Rate or Cap Rate. A Point-to-Point strategy measures the difference in the index’s value on each contract anniversary, comparing it to the value of the index either one, two, or three years earlier, depending on the option you choose.

In the second contract year, the Accumulation Protector Plus^SM Annuity allows you to withdraw up to 5% of your Account Value or your Required Minimum Distribution, whichever is greater. With the purchase of the Rate Enhancement Rider, this 5% increases to 10%.

The Rate Enhancement Rider is an excellent feature to add to your annuity if you want to boost your accumulation potential! This rider increases the amount available for free withdrawal from 5% to 10% of your annuity’s Account Value. Additionally, it provides an opportunity to earn more interest as it increases the Fixed, Participation, and Cap rates across your annuity’s crediting strategies. By increasing the Participation and Cap Rates, this rider offers greater exposure to potential index growth, allowing a larger percentage of your premium to be linked to index performance.

*There is a fee with the purchase of the rider. Please refer to Our Products page for current rates and fees.

The Accumulation Protector Plus^SM Annuity offers a 110% Return of Premium (ROP) Guarantee if the Rate Enhancement Rider is purchased and the contract persists to year 10. The premium is adjusted for withdrawals.

In all states other than Florida, annuity payments may begin after the fifth contract year. In Florida, annuity payments may begin after the first contract year.

The Benefit Feature protects your beneficiary. If you pass away before receiving any proceeds* (other than a Withdrawal), the amount payable to your beneficiary(ies) will be the greater of:

1. The Account Value minus any Non-Vested Premium Bonus, or
2. The Minimum Guaranteed Surrender Value determined as of the date of death.

For contracts issued in the state of California, the death benefit payable to your beneficiary(ies) is equal to the greater of the Account Value or the Minimum Guaranteed Surrender Value determined as of the date of death.

No withdrawal charges apply to death benefits, and there are several settlement options available to your beneficiary if you pass away:

1. Spousal Continuation -The Owner’s spouse, who is the sole primary beneficiary, becomes the Owner and continues to receive the benefits of the APP Annuity.
2. Lump Sum – The entire death benefit is paid to the beneficiary in a single payment.
3. Additional Settlement Options – Please see the answer to the following question for all Settlement Option details.

*Proceeds are defined as the amount payable when: (1) the Owner surrenders their Contract; (2) the Contract matures; or (3) a Settlement Option is elected through the Early Payout Feature.

Lifetime Income Only

With this option, the annuitant receives equal monthly payments for the rest of their lifetime. Payments will end with the payment due just before the annuitant’s death. No death benefit is payable with this option.

Period Certain Only

This settlement option guarantees equal monthly payments for a specified period, between 10 years and 20 years. After the fifth contract year, you may request a specific period, with guaranteed equal monthly payments, between 5 years and 20 years. If the annuitant dies before the end of the specified period, the beneficiary will receive the remaining payments for that period.

Lifetime Income with Guaranteed Period Certain

This settlement option provides equal monthly payments for the greater of the annuitant’s remaining lifetime or a specified period of time. If the annuitant dies after payments have been made for the specified period, payments end with the payment due just before the annuitant’s death.

If you are diagnosed with a terminal illness or need to move into a nursing home, you can make a full surrender or partial withdrawal with no Market Value Adjustment, Surrender Charge, or loss of any applicable Non-Vested Premium Bonus, under certain conditions.*

*This feature is not available in the state of California.

The APP Annuity offers a diversified set of fixed and indexed crediting strategies with 1, 2 or 3 year periods that allow you and your advisor to choose the accounts and periods that align with your goals. Additionally, you can adjust the allocations on the contract anniversary, coinciding with the end of the crediting period, to continue to meet your changing needs.

When you purchase the Accumulation Protector Plus^SM Annuity you will receive a one-time premium bonus of 10%. The premium bonus is immediately credited to your account, increasing the value of your account and giving you the opportunity to earn additional interest. Your premium bonus and affiliated interest can be accessed subject to your vesting schedule. The vesting schedule applies for 10 contract years, in which the amount of vested premium bonus gradually increases from 0% to 100% vested.

The Accumulation Protector Plus^SM Annuity (APP) is a fixed indexed annuity designed to both accumulate wealth and protect it against future market downturns. With access to its exclusive and flexible crediting strategies, the APP offers protection and growth potential in any market.*

*The Accumulation Protector Plus^SM (APP) Annuity offers growth potential whether the market rises, falls, or remains the same.

The Momentum Index is a global multi-asset index that dynamically allocates across its components using a unique and flexible momentum-driven strategy with risk-adjusted weightings. The Momentum Index was designed to adapt to various market conditions and generate consistent returns over time.

The risk-monitored Momentum Index can create value for your annuity in all market types (rising, falling, or remaining the same) by taking long positions (buying) in components exhibiting the strongest trends and short positions (selling) in components with weaker trends.

Access to the Momentum Index is exclusive to buyers of the Accumulation Protector Plus^SM Annuity.  To learn more about this index, please read the Momentum Index brochure or visit:  https://www.solactive.com/indices/?index=DE000SL0LRB3

The Diversified Macro 5 Index is a fully rules-based index that offers innovative exposure to multiple asset classes. In an attempt to generate consistent returns over time, the Diversified Macro 5 Index implements a strategy that combines an equity component and a macro component (comprised of sub-strategies across fixed income, commodities and currencies components), complemented by a daily risk control mechanism.

Access to the Diversified Macro 5 Index is exclusive to buyers of the Accumulation Protector Plus^SM Annuity. To learn more about this index, please read the Diversified Macro 5 Index brochure or visit: https://merqube.com/indices/CSEAGESG

Whether the market rises, falls, or remains the same, your principal is guaranteed not to decrease* due to market performance and is protected through the APP’s Fixed and Indexed Accounts.

You do not lose money, including interest earned during previous crediting periods, if the index value drops because your money is allocated to the annuity itself rather than directly to the index (or indices).

*If Rate Enhancement Rider is purchased, principal will not decrease due to market performance but could decrease due to the rider fee.

You have the flexibility to choose how your single premium is allocated across eleven crediting strategies. These crediting strategies include a Fixed Account and ten Indexed Accounts linked to three indices, the Momentum Index, the Diversified Macro 5 Index, and the S&P 500^® Index. We know that your life and needs are ever evolving, and that is why you can adjust your allocations on the contract anniversary coinciding with the end of each strategy’s crediting period. At that time, you may allocate to any available strategy for a new crediting period of one, two or three years.

Crediting periods for the Accumulation Protector Plus^SM Annuity's strategies range from one, two, or three years. These crediting strategies include a Fixed Rate account, a Trigger Rate account, and several Point-to-Point accounts with either a Participation Rate or Cap Rate. A Point-to-Point strategy measures the difference in the index’s value on each contract anniversary, comparing it to the value of the index either one, two, or three years earlier, depending on the option you choose.

In the second contract year, the Accumulation Protector Plus^SM Annuity allows you to withdraw up to 5% of your Account Value or your Required Minimum Distribution, whichever is greater. With the purchase of the Rate Enhancement Rider, this 5% increases to 10%.

The Rate Enhancement Rider is an excellent feature to add to your annuity if you want to boost your accumulation potential! This rider increases the amount available for free withdrawal from 5% to 10% of your annuity’s Account Value. Additionally, it provides an opportunity to earn more interest as it increases the Fixed, Participation, and Cap rates across your annuity’s crediting strategies. By increasing the Participation and Cap Rates, this rider offers greater exposure to potential index growth, allowing a larger percentage of your premium to be linked to index performance.

*There is a fee with the purchase of the rider. Please refer to Our Products page for current rates and fees.

The Accumulation Protector Plus^SM Annuity offers a 110% Return of Premium (ROP) Guarantee if the Rate Enhancement Rider is purchased and the contract persists to year 10. The premium is adjusted for withdrawals.

In all states other than Florida, annuity payments may begin after the fifth contract year. In Florida, annuity payments may begin after the first contract year.

The Benefit Feature protects your beneficiary. If you pass away before receiving any proceeds* (other than a Withdrawal), the amount payable to your beneficiary(ies) will be the greater of:

1. The Account Value minus any Non-Vested Premium Bonus, or
2. The Minimum Guaranteed Surrender Value determined as of the date of death.

For contracts issued in the state of California, the death benefit payable to your beneficiary(ies) is equal to the greater of the Account Value or the Minimum Guaranteed Surrender Value determined as of the date of death.

No withdrawal charges apply to death benefits, and there are several settlement options available to your beneficiary if you pass away:

1. Spousal Continuation -The Owner’s spouse, who is the sole primary beneficiary, becomes the Owner and continues to receive the benefits of the APP Annuity.
2. Lump Sum – The entire death benefit is paid to the beneficiary in a single payment.
3. Additional Settlement Options – Please see the answer to the following question for all Settlement Option details.

*Proceeds are defined as the amount payable when: (1) the Owner surrenders their Contract; (2) the Contract matures; or (3) a Settlement Option is elected through the Early Payout Feature.

Lifetime Income Only

With this option, the annuitant receives equal monthly payments for the rest of their lifetime. Payments will end with the payment due just before the annuitant’s death. No death benefit is payable with this option.

Period Certain Only

This settlement option guarantees equal monthly payments for a specified period, between 10 years and 20 years. After the fifth contract year, you may request a specific period, with guaranteed equal monthly payments, between 5 years and 20 years. If the annuitant dies before the end of the specified period, the beneficiary will receive the remaining payments for that period.

Lifetime Income with Guaranteed Period Certain

This settlement option provides equal monthly payments for the greater of the annuitant’s remaining lifetime or a specified period of time. If the annuitant dies after payments have been made for the specified period, payments end with the payment due just before the annuitant’s death.

If you are diagnosed with a terminal illness or need to move into a nursing home, you can make a full surrender or partial withdrawal with no Market Value Adjustment, Surrender Charge, or loss of any applicable Non-Vested Premium Bonus, under certain conditions.*

*This feature is not available in the state of California.

The APP Annuity offers a diversified set of fixed and indexed crediting strategies with 1, 2 or 3 year periods that allow you and your advisor to choose the accounts and periods that align with your goals. Additionally, you can adjust the allocations on the contract anniversary, coinciding with the end of the crediting period, to continue to meet your changing needs.

The highly flexible APP allows you to continue your annuity – even after the 10-year surrender period ends. You also have the option to withdraw a portion or all of your account value or apply a settlement option to receive annuity payments over time.

The Accumulation Protector Plus^SM Annuity (APP) is a fixed indexed annuity designed to both accumulate wealth and protect it against future market downturns. With access to its exclusive and flexible crediting strategies, the APP offers protection and growth potential in any market.*

*The Accumulation Protector Plus^SM (APP) Annuity offers growth potential whether the market rises, falls, or remains the same.

The Momentum Index is a global multi-asset index that dynamically allocates across its components using a unique and flexible momentum-driven strategy with risk-adjusted weightings. The Momentum Index was designed to adapt to various market conditions and generate consistent returns over time.

The risk-monitored Momentum Index can create value for your annuity in all market types (rising, falling, or remaining the same) by taking long positions (buying) in components exhibiting the strongest trends and short positions (selling) in components with weaker trends.

Access to the Momentum Index is exclusive to buyers of the Accumulation Protector Plus^SM Annuity.  To learn more about this index, please read the Momentum Index brochure or visit:  https://www.solactive.com/indices/?index=DE000SL0LRB3

The Diversified Macro 5 Index is a fully rules-based index that offers innovative exposure to multiple asset classes. In an attempt to generate consistent returns over time, the Diversified Macro 5 Index implements a strategy that combines an equity component and a macro component (comprised of sub-strategies across fixed income, commodities and currencies components), complemented by a daily risk control mechanism.

Access to the Diversified Macro 5 Index is exclusive to buyers of the Accumulation Protector Plus^SM Annuity. To learn more about this index, please read the Diversified Macro 5 Index brochure or visit: https://merqube.com/indices/CSEAGESG

Whether the market rises, falls, or remains the same, your principal is guaranteed not to decrease* due to market performance and is protected through the APP’s Fixed and Indexed Accounts.

You do not lose money, including interest earned during previous crediting periods, if the index value drops because your money is allocated to the annuity itself rather than directly to the index (or indices).

*If Rate Enhancement Rider is purchased, principal will not decrease due to market performance but could decrease due to the rider fee.

You have the flexibility to choose how your single premium is allocated across eleven crediting strategies. These crediting strategies include a Fixed Account and ten Indexed Accounts linked to three indices, the Momentum Index, the Diversified Macro 5 Index, and the S&P 500^® Index. We know that your life and needs are ever evolving, and that is why you can adjust your allocations on the contract anniversary coinciding with the end of each strategy’s crediting period. At that time, you may allocate to any available strategy for a new crediting period of one, two or three years.

Crediting periods for the Accumulation Protector Plus^SM Annuity's strategies range from one, two, or three years. These crediting strategies include a Fixed Rate account, a Trigger Rate account, and several Point-to-Point accounts with either a Participation Rate or Cap Rate. A Point-to-Point strategy measures the difference in the index’s value on each contract anniversary, comparing it to the value of the index either one, two, or three years earlier, depending on the option you choose.

In the second contract year, the Accumulation Protector Plus^SM Annuity allows you to withdraw up to 5% of your Account Value or your Required Minimum Distribution, whichever is greater. With the purchase of the Rate Enhancement Rider, this 5% increases to 10%.

The Rate Enhancement Rider is an excellent feature to add to your annuity if you want to boost your accumulation potential! This rider increases the amount available for free withdrawal from 5% to 10% of your annuity’s Account Value. Additionally, it provides an opportunity to earn more interest as it increases the Fixed, Participation, and Cap rates across your annuity’s crediting strategies. By increasing the Participation and Cap Rates, this rider offers greater exposure to potential index growth, allowing a larger percentage of your premium to be linked to index performance.

*There is a fee with the purchase of the rider. Please refer to Our Products page for current rates and fees.

The Accumulation Protector Plus^SM Annuity offers a 110% Return of Premium (ROP) Guarantee if the Rate Enhancement Rider is purchased and the contract persists to year 10. The premium is adjusted for withdrawals.

In all states other than Florida, annuity payments may begin after the fifth contract year. In Florida, annuity payments may begin after the first contract year.

The Benefit Feature protects your beneficiary. If you pass away before receiving any proceeds* (other than a Withdrawal), the amount payable to your beneficiary(ies) will be the greater of:

1. The Account Value minus any Non-Vested Premium Bonus, or
2. The Minimum Guaranteed Surrender Value determined as of the date of death.

For contracts issued in the state of California, the death benefit payable to your beneficiary(ies) is equal to the greater of the Account Value or the Minimum Guaranteed Surrender Value determined as of the date of death.

No withdrawal charges apply to death benefits, and there are several settlement options available to your beneficiary if you pass away:

1. Spousal Continuation -The Owner’s spouse, who is the sole primary beneficiary, becomes the Owner and continues to receive the benefits of the APP Annuity.
2. Lump Sum – The entire death benefit is paid to the beneficiary in a single payment.
3. Additional Settlement Options – Please see the answer to the following question for all Settlement Option details.

*Proceeds are defined as the amount payable when: (1) the Owner surrenders their Contract; (2) the Contract matures; or (3) a Settlement Option is elected through the Early Payout Feature.

Lifetime Income Only

With this option, the annuitant receives equal monthly payments for the rest of their lifetime. Payments will end with the payment due just before the annuitant’s death. No death benefit is payable with this option.

Period Certain Only

This settlement option guarantees equal monthly payments for a specified period, between 10 years and 20 years. After the fifth contract year, you may request a specific period, with guaranteed equal monthly payments, between 5 years and 20 years. If the annuitant dies before the end of the specified period, the beneficiary will receive the remaining payments for that period.

Lifetime Income with Guaranteed Period Certain

This settlement option provides equal monthly payments for the greater of the annuitant’s remaining lifetime or a specified period of time. If the annuitant dies after payments have been made for the specified period, payments end with the payment due just before the annuitant’s death.

If you are diagnosed with a terminal illness or need to move into a nursing home, you can make a full surrender or partial withdrawal with no Market Value Adjustment, Surrender Charge, or loss of any applicable Non-Vested Premium Bonus, under certain conditions.*

*This feature is not available in the state of California.

The APP Annuity offers a diversified set of fixed and indexed crediting strategies with 1, 2 or 3 year periods that allow you and your advisor to choose the accounts and periods that align with your goals. Additionally, you can adjust the allocations on the contract anniversary, coinciding with the end of the crediting period, to continue to meet your changing needs.

The highly flexible APP allows you to continue your annuity – even after the 10-year surrender period ends. You also have the option to withdraw a portion or all of your account value or apply a settlement option to receive annuity payments over time.

When you purchase the Accumulation Protector Plus^SM Annuity you will receive a one-time premium bonus of 10%. The premium bonus is immediately credited to your account, increasing the value of your account and giving you the opportunity to earn additional interest. Your premium bonus and affiliated interest can be accessed subject to your vesting schedule. The vesting schedule applies for 10 contract years, in which the amount of vested premium bonus gradually increases from 0% to 100% vested.