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Focused Growth Annuity Disclosure

Standard Insurance Company Individual Annuities 800.247.6888 Tel 800.378.4570 Fax 1100 SW Sixth Avenue Portland OR 97204-1093 www.standard.com

The Focused Growth Annuity is a single premium deferred annuity in which (a) premiums are accepted in the first 90 contract days; (b) interest is earned during the accumulation phase; and (c) the annuity payments are deferred until the maturity date or upon annuitization. The Focused Growth Annuity’s principal and earnings are not subject to income taxes until funds are withdrawn or distributed. A 10% IRS early-withdrawal penalty may apply to withdrawals or distributions prior to age 59½.

Issue Age

Surrender Schedules

A Focused Growth Annuity 5 or 6 will be issued for annuitants and owners ages 0 – 90.

Contract Effective Date

A Focused Growth Annuity’s effective date is the date the premium is received in the home office of The Standard. This date is indicated on the policy cover and in the contract’s data pages.

Premium

A Focused Growth Annuity may be established with an initial premium ranging from $15,000 to $1,000,000 (or more with prior home-office approval). That premium will receive the interest rate in effect as of the date the application and premium are received in the home office.

Additional premium payments may be made during the first 90 days of the contract. Additional premiums will be credited with the rate in effect at the time they are received in the home office.

Some states assess a premium tax, which will be deducted from the Annuity Fund by The Standard.

Safety And Guarantees

The surrender charges below represent a percentage of the annuity balance and may apply to withdrawals made during the contract’s surrender-charge period. Withdrawals must be $500 or more and $2,000 must remain in the account for the contract to remain in force. A 10% IRS penalty may apply to

withdrawals made before age 59½.

Year

1

2

3

4

5

Charge

8%

7%

6%

5%

4%

Year

1

2

3

4

5

Charge

8%

7%

6%

5%

4%

FGA 5

FGA 6

6 3%

Accessing Funds

The Focused Growth Annuity offers many ways to access funds without incurring a surrender charge. There are no surrender charges associated with the following options, but an IRS penalty may apply before age 59½. See the marketing information for more details.

Regularly scheduled payments of interest earnings Nursing home and terminal condition waivers IRS Required Minimum Distributions Out-of-surrender-charge-period withdrawals ➁➂

After the surrender-charge period, The Standard guarantees that the owner or beneficiary will never receive less than 100% of the total premium payments, net of any withdrawals or loansthat may have been taken.

Interest Rates

Annuitization

A Focused Growth Annuity may be converted into an income annuity with The Standard at any time to begin receiving regular payments without surrender charge. A life income option or an income option with a payout period of five years or more must be chosen.

The premium payment is credited a guaranteed interest rate for five or six years, depending on the option selected. Thereafter the contract will receive renewal rates based on the current economic and interest-rate environment.

Maturity Date

The maturity date is the later of the anniversary nearest the date the annuitant reaches age 95 and the tenth contract anniversary. At this time the contract will annuitize and begin its payout phase, unless otherwise directed.

Death Benefit

The annuity’s value is paid to the beneficiary upon the death of the annuitant. If the annuitant is not the owner and the owner dies, the annuity’s value is paid to the beneficiary. Such death benefit must begin within one year of the date of death, may not extend beyond the beneficiary’s life expectancy and must be paid within 5 years of the date of death unless the beneficiary is the spouse, in which case the spouse may continue to contract as though the spouse were the original owner.

Guarantees are based on the claims-paying ability of Standard Insurance Company. Policy SPDA (9/03); Rider R-EIO (9/03), R-NHB (9/03), R-TCB (9/03), R-MVA (9/03), R-DB (7/04), SWO-DEF (9/01), R-ERTSA (11/08), R-NERTSA (11/08), IRA (7/02), Roth IRA (7/02), R-QPP (9/03)

403(b) Tax-Sheltered Annuity loans are not available during the surrender-charge period. Available after the first contract year. The nursing home waiver is not available in Massachusetts. State-specific conditions apply to the terminal condition waiver.

11937 (10/08)

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