Crediting Strategy Endorsement for 1-Year Declared Rate Strategy—[Company Name]
This endorsement is part of an insurance or annuity contract issued by a company based in Cincinnati, Ohio. It sets out a 1-year declared rate strategy, where interest is credited daily at a fixed rate, compounded annually, for each one-year term. The company declares the interest rate before each term, and it is guaranteed for that term, but will never be less than 1% per year. The endorsement overrides any conflicting terms in the main contract and is effective as of the contract's start date.
Exhibit 4(c)(1)
Home Office: Cincinnati, Ohio
[Administrative Office: P.O. Box 5423, Cincinnati, Ohio ###-###-####]
[1-YEAR DECLARED RATE STRATEGY]
Crediting Strategy Endorsement
Interest Subject to a Guaranteed Minimum Interest Rate
Term
Each Term for this Strategy is one year long.
Interest Crediting
Interest is credited daily on amounts held under this Crediting Strategy based on a fixed interest rate with annual compounding.
Interest Rate
The fixed interest rate for this Crediting Strategy is declared by the Company, at its discretion, before the start of the Term. It is guaranteed for the entire Term. The Company, at its discretion, may declare a new interest rate for each subsequent Term. For a Term, different rates may apply with respect to amounts attributable to Purchase Payments received on different dates.
Guaranteed Minimum Interest Rate
In any event, the fixed interest rate for a Term shall never be less than an annual rate of [1%].
This is part of your Contract. It is not a separate contract. It changes the Contract only as and to the extent stated. In all cases of conflict with the other terms of the Contract, the provisions of this Endorsement shall control.
Signed for us at our office as of the Contract Effective Date.
[  ] | [  ] | |
| [Mark F. Muething] | [John P. Gruber] | |
| [President] | [Secretary] |
| E1825318NW | (Rev. 10/22) |
