Notice Document by Insurance Company (Form N-VP)

DEFINITIONS

1

UPDATED INFORMATION ABOUT YOUR CONTRACT

2

IMPORTANT INFORMATION YOU SHOULD CONSIDER ABOUT THE CONTRACT

3

APPENDIX A (INVESTMENT OPTIONS AVAILABLE UNDER THE CONTRACT)

A-1

BACK COVER PAGE

B-1

FEES, EXPENSES, AND ADJUSTMENTS

Are There Charges or Adjustments for Early Withdrawals?

Yes. If you withdraw premium from your Contract within 5 years following the premium payment, you may be assessed a withdrawal charge. The maximum withdrawal charge is 5% of the amount of premium withdrawn. For example, if you make a withdrawal during the first year after a premium payment, you could pay a withdrawal charge of up to $5,000 on a $100,000 investment. The withdrawal charge then gradually declines each year, until the end of the 5th year, after which no charge is made.

In addition, if all or a portion of Contract Value is removed from a Fixed Account Option before the end of the Fixed Account Option term, we will apply an Excess Interest Adjustment, which may be negative. The Excess Interest Adjustment applies to partial or total withdrawals or transfers from a Fixed Account Option prior to the end of the specified Fixed Account Option term. You could lose up to 100% of any credited interest due to this Excess Interest Adjustment. However, a negative Excess Interest Adjustment will never cause you to lose any of your original investment. For example, if you allocate $100,000 to a 3-year Fixed Account Option, and earn 2.5% interest annually, after one year your investment has grown to $102,500. If you then withdraw the entire amount after only one year, you could lose up to $2,500 of your credited interest. This loss will be greater if you also have to pay a Withdrawal Charge, taxes, and tax penalties.

Are There Transaction Charges?

Yes. In addition to withdrawal charges and contract adjustments, you also may be charged for other transactions, such as when you transfer cash value between investment options more than 15 times in a Contract Year, when you request an expedited delivery of your partial or complete withdrawal, or if you make a total withdrawal from your Contract after income payments have commenced under certain income options. In addition, for Contracts sold in certain states, you may be charged for premium taxes.

Are There Ongoing Fees and Expenses?

(annual charges)

Yes. The table below describes the fees and expenses that you may pay each year, depending on the options you choose. Please refer to your Contract Data Pages for information about the specific fees you will pay each year based on the options you have elected.

1. Base Contract1

2.Fund fees and expenses2

3. Optional benefits available for an additional charge (for a single optional benefit, if elected)3

1.As a percentage of average daily Contract Value of the Investment Divisions.

2.As a percentage of average Fund net assets.

3.The minimum fee reflects an annualized percentage of average daily account value of Investment Divisions. The maximum fee reflects an annualized percentage of the GWB.

Because your Contract is customizable, the choices you make affect how much you will pay. To help you understand the cost of owning your Contract, the following table shows the lowest and highest cost you could pay each year, based on current charges. This estimate assumes that you do not take withdrawals from the Contract, which could add surrender (withdrawal) charges that substantially increase costs.

LOWEST ANNUAL COST: $2,026

HIGHEST ANNUAL COST: $3,131

Assumes:

•Investment of $100,000

•5% annual appreciation

•Least expensive combination of Fund fees and expenses

•No optional benefits

•No sales charges

•No additional purchase payments, transfers or withdrawals

Assumes:

•Investment of $100,000

•5% annual appreciation

•Most expensive combination of optional benefits and Fund fees and expenses

•No sales charges

•No additional purchase payments, transfers or withdrawals

Is There a Risk of Loss from Poor Performance?

Yes. You can lose money by investing in this Contract.

Is this a Short-Term Investment?

No. This Contract is not designed for short-term investing and is not appropriate for an investor who needs ready access to cash. Withdrawal charges apply for up to 5 years following your last premium payment. To the extent they apply, they will reduce the value of your Contract if you withdraw money during that time. Amounts removed from a Fixed Account Option prior to the end of a Fixed Account Option term may also result in a negative Excess Interest Adjustment. The benefits of tax deferral and living benefit protections also mean the Contract is more beneficial to investors with a long time horizon.

What Are the Risks Associated with the Investment Options?

•An investment in this Contract is subject to the risk of poor investment performance and can vary depending on the performance of the investment options you choose.

•Each investment option (including the Guaranteed Fixed Account and the GMWB Fixed Account) has its own unique risks.

•You should review the prospectuses for the available Funds before making an investment decision.

What Are the Risks Related to the Insurance Company?

Any obligations (including under the Guaranteed Fixed Account and the GMWB Fixed Account), guarantees, and benefits of the Contract are subject to the claims-paying ability of Jackson. More information about Jackson is available upon request from Jackson by calling 1-800-644-4565.

Are There Restrictions on the Investment Options?

Yes.

Premium Payments

•The minimum initial Premium payment must be at least $50,000 for both non-qualified and qualified plan Contracts.

•The minimum subsequent Premium payment must be at least $500

•The maximum aggregate Premium payments you may make without our prior approval is $1 million.

•There is a minimum allocation requirement of $100.

•We reserve the right, in our discretion, to limit, restrict, suspend or reject any or all initial or subsequent Premium payments and to limit the amount, frequency or timing of Premium payments, at any time on a non-discriminatory basis.

Transfers

•We reserve the right to charge $25 for each transfer when you transfer money between Investment Divisions in excess of 15 times in a Contract Year.

Investment Restrictions

•Jackson may remove or substitute Funds as investment options available under the Contract, and may limit or suspend availability of the Fixed Account Options.

Purchases

Investment Divisions

Are There any Restrictions on Contract Benefits?

Yes. Certain benefits may limit withdrawals or other rights under the Contract. Under certain benefits, a withdrawal could reduce the value of a benefit by more than the dollar amount of the withdrawal. An optional benefit's availability may vary by state or date of purchase. We may modify or discontinue an optional benefit at any time.

What Are the Contract's Tax Implications?

•Consult with a tax professional to determine the tax implications of an investment in and purchase payments received under this Contract.

•If you purchase the Contract through a tax-qualified plan or individual retirement account (IRA), you do not get any additional tax deferral.

•Earnings on your Contract are taxed at ordinary income tax rates when you withdraw them, and you may have to pay a penalty if you take a withdrawal before age 59 ½.

How Are Investment

Professionals

Compensated?

Should I Exchange My Contract?

1.21%

12.62%

5.36%

7.22%

1.19%

14.81%

6.38%

8.47%

1.16%

15.62%

7.24%

9.35%

Term

Minimum Guaranteed Interest Rate

1-year Fixed Account Option

1 year

2.40%

3-year Fixed Account Option

3 year

2.40%

5-year Fixed Account Option

5 year

2.40%

7-year Fixed Account Option

7 year

2.40%