Fixed 6-month, 1-year

Variable 40

• Morgan Stanley Investment Management,
• Van Kampen,
• American Funds,
• Alliance Capital Mgmt,
• Davis Selected Advisers,
• Federated Investors,
• Goldman Sachs,
• Marsico Capital Mgmt,
• MFS,
• Putnam Investments,
• SunAmerica Asset Mgmt,
• Wellington Mgmt.
• WM Advisors and
• Banc of America Capital Mgmt.

Qualified - $2,000

Non-Qualified - $10,000

$250 Qualified,

$250 Non-Qualified

1st contract year: Earnings or 10% of premiums if through systematic withdrawal.

2nd contract year and later - Greater of earnings or 10% of premiums.

Greater of:

1) Account Value or

2) Deposit received priot to 86th birthday, minus withdrawals

[All riders may not be available in all states] One of two options can be elected at time of issue:

1) Purchase Payment Accumulation (Max age = 74):

Greater of:

(a) Account Value

(b) Net deposits accumulated at 3% to age 75, plus subsequent deposits rec'vd prior to the 86th birthday.

(c) 7th anniversary step up, plus deposits rec'vd after the 7th anniversary but prior to the 86th birthday.

2) MAV:

Greater of:

(a) Account Value

(b) Total deposits rec'vd prior to 86th birthday

(c) Maximum Anniversary Value prior to age 83

(Available only to issue ages 80 or younger)

Earnings Enhancement

Feature, if elected added to above Death Benefit chosen at issue. Issue age: 69 or

younger. Contract years 0 - 4 = 25% of earnings (maximum of 40% of net deposits)

less proportionate withdrawals.

[All riders may not be available in all states]

Polaris Income Rewards: Guaranteed Min. Withdrawal Benefit.

Cost: 0.65% yrs 1-7, 0.45% yrs 8+

Option 1:

10 % guaranteed step up/ 10% maximum annual withdrawal/ 3 year wait period

Option 2:

20 % guaranteed step up/ 10% maximum annual withdrawal/ 5 yr wait period

[All riders may not be available in all states]

Capital Protector : Guaranteed Min. Accumulation Benefit.

Cost: (.65% yrs 1-5, .45% yrs 6-10).

Wait Period: 10-years

Guaranteed Premiums - All premiums received within the first 90 days of contract issue

Guarantee: If after 10 yrs the ACV is less than the guaranteed premiums (minus proportionate withdrawals) the company will do a dump in to bring the ACV back up to the guaranteed premium amount. Annuitization not required.

Asset Allocation? Yes

Auto Additions? Yes