Oracle® Insurance Policy Administration 9.1.0.0.0 E15811-01

# Guaranteed Minimum Withdrawal

This optional benefit, which is available for a fee, guarantees that regardless of market performance, the annuitant will be able to receive at least the entire amount of his or her total principal investment through a series of annual withdrawals &endash; provided that more than a specified percentage of the total investment in any given year is not withdrawn. Some variable annuities are now offering this benefit with the guarantee that withdrawals can be made for the entire life of the annuitant.

You can add a GMWB segment to a policy by selecting Add Segments from the Secondary menu. Then select the GMWB segment, enter the percentage for withdrawal and click the Calculate button.