Common use of DEFERMENT OF PAYMENTS Clause in Contracts

DEFERMENT OF PAYMENTS. We will pay any amounts due from the Variable Account under this Contract within seven days, unless: - the New York Stock Exchange is closed for other than usual weekends or holidays, or trading on such Exchange is restricted; - an emergency exists as defined by the Securities and Exchange Commission; or - the Securities and Exchange Commission permits delay for the protection of Contract holders. We reserve the right to postpone payments or transfers from the Fixed Account Options for up to six months. If we elect to postpone payments or transfers from the Fixed Account Options for 30 days or more, we will pay interest as required by applicable law. Any interest would be payable from the date the payment or transfer request is received by us to the date the payment or transfer is made. Variable Account Modifications. We reserve the right, subject to applicable law, to make additions to, deletions from, or substitutions for the mutual fund portfolio shares underlying the Sub-accounts of the Variable Account. We will not substitute any shares attributable to your interest in a Sub-account of the Variable Account without notice to you and prior approval of the Securities and Exchange Commission, to the extent required by the Investment Company Act of 1940, as amended. We reserve the right to establish additional Sub-accounts of the Variable Account, each of which would invest in shares of another mutual fund. You may then instruct us to allocate purchase payments or transfers to such Sub-accounts, subject to any terms set by us or the mutual fund. We reserve the right to limit the availability of funds for this Contract. In the event of any such substitution or change, we may by endorsement, make such changes as may be necessary or appropriate to reflect such substitution or change. If we deem it to be in the best interests of persons having voting rights under the Contracts, the Variable Account may be operated as a management company under the Investment Company Act of 1940, as amended, or it may be deregistered under such Act in the event such registration is no longer required.

DEFERMENT OF PAYMENTS. We will pay any amounts due from the Variable Account under this Contract within seven days, unless: - the New York Stock Exchange is closed for other than usual weekends or holidays, or trading on such Exchange is restricted; - an emergency exists as defined by the Securities and Exchange Commission; or - the Securities and Exchange Commission permits delay for the protection of Contract holders. We reserve the right to postpone payments or transfers from the Dollar Cost Averaging Fixed Account Options and Guaranteed Maturity Fixed Account for up to six months. If we elect to postpone payments or transfers from the Dollar Cost Averaging Fixed Account Options or Guaranteed Maturity Fixed Account for 30 days or more, we will pay interest as required by applicable law. Any interest would be payable from the date the payment or transfer withdrawal request is received by us to the date the payment or transfer is made. Variable Account ModificationsVARIABLE ACCOUNT MODIFICATIONS. We reserve the right, subject to applicable law, to make additions to, deletions from, or substitutions for the mutual fund portfolio shares underlying the Sub-accounts of the Variable Account. We will not substitute any shares attributable to your interest in a Sub-account of the Variable Account without notice to you and prior approval of the Securities and Exchange Commission, to the extent required by the Investment Company Act of 1940, as amended. We reserve the right to establish additional Sub-accounts of the Variable Account, each of which would invest in shares of another mutual fund. You may then instruct us to allocate purchase payments or transfers to such Sub-Sub- accounts, subject to any terms set by us or the mutual fund. We reserve the right to limit the availability of funds for this Contract. In the event of any such substitution or change, we may by endorsement, make such changes as may be necessary or appropriate to reflect such substitution or change. If we deem it to be in the best interests of persons having voting rights under the Contractscontracts, the Variable Account may be operated as a management company under the Investment Company Act of 1940, as amended, 1940 or it may be deregistered under such Act in the event such registration is no longer required.. GLENBROOK LIFE AND ANNUITY COMPANY ENHANCED DEATH BENEFIT RIDER This rider was issued because you selected the Enhanced Death Benefit Option at the time you applied for this annuity. The Death Benefit and Mortality and Expense Risk Charge provisions of your Contract are modified as follows:

DEFERMENT OF PAYMENTS. We will pay any amounts due from the Variable Account variable account under this Contract within seven days, unless: - the New York Stock Exchange is closed for other than usual weekends or holidays, or trading on such Exchange is restricted; - an emergency exists as defined by the Securities and Exchange Commission; or - the Securities and Exchange Commission permits delay for the protection of Contract holders. We reserve the right to postpone payments or transfers from the Fixed Account Options fixed account for up to six months. If we elect to postpone payments or transfers from the Fixed Account Options for 30 days or more, we will pay interest as required by applicable law. Any interest would be payable from the date the payment or transfer request is received by us to the date the payment or transfer is made. Variable Account ModificationsVARIABLE ACCOUNT MODIFICATIONS. We reserve the right, subject to applicable law, to make additions to, deletions from, or substitutions for the mutual fund portfolio shares underlying the Subsub-accounts of the Variable Accountvariable account. We will not substitute any shares attributable to your interest in a Subsub-account of the Variable Account variable account without notice to you and prior approval of the Superintendent of Insurance of the State of New York and the Securities and Exchange Commission, to the extent required by the Investment Company Act of 1940, as amended. We reserve the right to establish additional Subsub-accounts of the Variable Accountvariable account, each of which would invest in shares of another mutual fund. You may then instruct us to allocate purchase payments or transfers to such Subsub-accounts, subject to any terms set by us or the mutual fund. We reserve the right to limit the availability of funds for this Contract. In the event of any such substitution or change, we may by endorsement, make such changes as may be necessary or appropriate to reflect such substitution or change. If we deem it to be in the best interests of persons having voting rights under the Contractscontracts, the Variable Account variable account may be operated as a management company under the Investment Company Act of 1940, as amended, 1940 or it may be deregistered under such Act in the event such registration is no longer required. Any such change in the operation of the variable account would be subject to the prior approval of the Superintendent of Insurance of the State of New York. -------------------------------------------------------------------------------- INCOME PAYMENT TABLES -------------------------------------------------------------------------------- The Income Payment Tables show the initial monthly income payment per $1,000 of cash value applied for each of the income plans listed in the Payout Phase section. The Income Payment Tables are based on 3% interest and the 1983 Table a Annuity Mortality Tables with the following age adjustment. The age(s) of the annuitant and any joint annuitant at his or her last birthday on or prior to the payout start date will be set back one year for each six full years between January 1, 1983 and the payout start date. Income payments for ages not shown in this section will be determined on a basis consistent with that used to determine those that are shown. INCOME PLAN 1 - LIFE WITH 120 MONTHS GUARANTEED ------------------------------------------------------------------------------------------------------------------------------ First Income Payment for Each $1,000 of Cash Value ------------------------------------------------------------------------------------------------------------------------------ Annuitant's Annuitant's Annuitant's Age Male Female Age Male Female Age Male Female ------------------------------------------------------------------------------------------------------------------------------ 35 $ 3.43 $ 3.25 49 $ 4.15 $ 3.82 63 $5.52 $4.97 36 3.47 3.28 50 4.22 3.88 64 5.66 5.09 37 3.51 3.31 51 4.29 3.94 65 5.80 5.22 38 3.55 3.34 52 4.37 4.01 66 5.95 5.35 39 3.60 3.38 53 4.45 4.07 67 6.11 5.49 40 3.64 3.41 54 4.53 4.14 68 6.27 5.64 41 3.69 3.45 55 4.62 4.22 69 6.44 5.80 42 3.74 3.49 56 4.71 4.29 70 6.61 5.96 43 3.79 3.53 57 4.81 4.38 71 6.78 6.13 44 3.84 3.58 58 4.92 4.46 72 6.96 6.31 45 3.90 3.62 59 5.02 4.55 73 7.13 6.50 46 3.96 3.67 60 5.14 4.65 74 7.31 6.69 47 4.02 3.72 61 5.26 4.75 75 7.49 6.88 48 4.08 3.77 62 5.39 4.86 ------------------------------------------------------------------------------------------------------------------------------ INCOME PLAN 2 - JOINT AND SURVIVOR --------------------------------------------------------------------------------------------------- Male First Income Payment for Each $1,000 of Cash Value Annuitant's -------------------------------------------------------------------------------------- Age Female Annuitant's Age 35 40 45 50 55 60 65 70 75 --------------------------------------------------------------------------------------------------- 35 $3.09 3.16 3.23 3.28 3.32 3.36 3.39 3.41 3.42 40 3.13 3.22 3.31 3.39 3.46 3.52 3.56 3.59 3.62 45 3.17 3.28 3.39 3.50 3.60 3.69 3.76 3.82 3.86 50 3.19 3.32 3.45 3.60 3.74 3.87 3.99 4.08 4.14 55 3.21 3.35 3.51 3.68 3.87 4.06 4.23 4.38 4.49 60 3.23 3.37 3.55 3.75 3.98 4.23 4.48 4.71 4.91 65 3.24 3.39 3.58 3.80 4.07 4.38 4.72 5.06 5.38 70 3.24 3.40 3.60 3.84 4.13 4.50 4.92 5.40 5.89 75 3.25 3.41 3.61 3.86 4.18 4.58 5.08 5.68 6.37 --------------------------------------------------------------------------------------------------- INCOME PLAN 3 - PAYMENTS FOR A SPECIFIED PERIOD ------------------------------------------------------------------ First Income Payment for Each Specified Period $1,000 of Cash Value ------------------------------------------------------------------ 10 Years $9.61 11 Years 8.86 12 Years 8.24 13 Years 7.71 14 Years 7.26 15 Years 6.87 16 Years 6.53 17 Years 6.23 18 Years 5.96 19 Years 5.73 20 Years 5.51 ALLSTATE LIFE INSURANCE COMPANY OF NEW YORK (HEREIN CALLED "WE" OR "US") FIXED ACCOUNT AMENDATORY ENDORSEMENT THE FOLLOWING REPLACES THE FIXED ACCOUNT SUBSECTION IN THE ACCUMULATION PHASE SECTION OF YOUR CONTRACT: FIXED ACCOUNT. The fixed account for this Contract is the Allstate Life of New York general account. The general account consists of all assets of the company, other than those in any separate accounts. Money in the fixed account consists of all assets of the company, other than those in any separate accounts. Money in the fixed account will earn interest at the current rate in effect at the time of allocation or transfer to the fixed account for the guarantee period. We will offer initial guarantee periods of 1 year and 6 years. After the initial guarantee period, a renewal rate will be declared annually. Subsequent renewal dates will be on anniversaries of the first renewal date. The current rate and the renewal rate(s) will never be less than 3%.