Common use of MUTUAL FUND EXPENSES Clause in Contracts

MUTUAL FUND EXPENSES. Each Subaccount invests in shares of a mutual fund. The net asset value per share of each underlying fund reflects the deduction of any investment advisory and administration fees and other expenses of the fund. These fees and expenses are not deducted from the assets of a Subaccount, but are paid by the underlying funds. The Owner indirectly bears a pro rata share of such fees and expenses. An underlying fund's fees and expenses are not specified or fixed under the terms of this Contract. -------------------------------------------------------------------------------- WITHDRAWAL PROVISIONS -------------------------------------------------------------------------------- WITHDRAWALS A full or partial Withdrawal of Separate Account Contract Value is allowed at any time prior to the Annuity Start Date while the Owner is living. Withdrawals will be effected as of the end of the Valuation Period in which the Withdrawal request is Received by SBL, and payment will be made within the time frame required by applicable law. Withdrawals normally will be effective as of the close of the Valuation Period during which we receive your proper request. Any Withdrawal will reduce Contract Value by the amount of the Withdrawal, any Withdrawal Charges attributable to the Withdrawal, and any Premium tax and pro rata Account Charge. Upon the Owner's request for a full Withdrawal, SBL will pay the Withdrawal Value in a lump sum, and the Contract will terminate. If you make a full withdrawal, we require return of your Contract or a signed Lost Contract Affidavit with your proper request. All Withdrawals must meet the following conditions.

MUTUAL FUND EXPENSES. Each Subaccount invests in shares of a mutual fund. The net asset value per share of each underlying fund reflects the deduction of any investment advisory and administration fees and other expenses of the fund. These fees and expenses are not deducted from the assets of a Subaccount, but are paid by the underlying funds. The Owner indirectly bears a pro rata share of such fees and expenses. An underlying fund's fees and expenses are not specified or fixed under the terms of this Contract. -------------------------------------------------------------------------------- WITHDRAWAL PROVISIONS -------------------------------------------------------------------------------- WITHDRAWALS A full or partial Withdrawal of Separate Account Contract Value is allowed at any time prior to the Annuity Start Date while the Owner is living. Withdrawals will be effected as of the end of the Valuation Period in which the Withdrawal request is Received by SBLFSBL, and payment will be made within the time frame required by applicable law. (Please see "Delay of Payment," page 9 for a discussion of the circumstances under which payments may be delayed.) Withdrawals normally will be effective as of the close of the Valuation Period during which we receive your proper request. Any Withdrawal will reduce Contract Value by the amount of the Withdrawal, any Withdrawal Charges attributable to the Withdrawal, and any Premium tax and and, in the case of a full Withdrawal, any pro rata Account Charge. Upon the Owner's request for a full Withdrawal, SBL FSBL will pay the Withdrawal Value in a lump sum, and the Contract will terminate. If you make a full withdrawal, we require return of your Contract or a signed Lost Contract Affidavit with your proper request. All Withdrawals must meet the following conditions.

MUTUAL FUND EXPENSES. Each Subaccount invests in shares of a mutual fund. The net asset value per share of each underlying fund reflects the deduction of any investment advisory and administration fees and other expenses of the fund. These fees and expenses are not deducted from the assets of a Subaccount, but are paid by the underlying funds. The Owner indirectly bears a pro rata share of such fees and expenses. An underlying fund's fees and expenses are not specified or fixed under the terms of this Contract. -------------------------------------------------------------------------------- WITHDRAWAL PROVISIONS -------------------------------------------------------------------------------- WITHDRAWALS A full or partial Withdrawal of Separate Account Contract Value is allowed at any time prior to the Annuity Start Date while the Owner is living. Withdrawals will be effected as of the end of the Valuation Period in which the Withdrawal request is Received by SBLFSBL, and payment will be made within the time frame required by applicable law. (Please see "Delay of Payment," page 9 for a discussion of the circumstances under which payments may be delayed.) Withdrawals normally will be effective as of the close of the Valuation Period during which we receive your proper request. Any Withdrawal will reduce Contract Value by the amount of the Withdrawal, any Withdrawal Charges attributable to the Withdrawal, and any Premium tax and and, in the case of a full Withdrawal, any pro rata Account Charge. Upon the Owner's request for a full Withdrawal, SBL FSBL will pay the Withdrawal Value in a lump sum, and the Contract will terminate. If you make a full withdrawal, we require return of your Contract or a signed Lost Contract Affidavit with your proper request. All Withdrawals must meet the following conditions.

MUTUAL FUND EXPENSES. Each Subaccount invests in shares of a mutual fund. The net asset value per share of each underlying fund reflects the deduction of any investment advisory and administration fees and other expenses of the fund. These fees and expenses are not deducted from the assets of a Subaccount, but are paid by the underlying funds. The Owner indirectly bears a pro rata share of such fees and expenses. An underlying fund's fees and expenses are not specified or fixed under the terms of this Contract. -------------------------------------------------------------------------------- WITHDRAWAL PROVISIONS -------------------------------------------------------------------------------- WITHDRAWALS A full or partial Withdrawal of Separate Account Contract Value is allowed at any time prior to the Annuity Start Date while the Owner is living. Withdrawals will be effected as of the end of the Valuation Period in which the Withdrawal request is Received by SBL, and payment will be made within the time frame required by applicable law. Withdrawals normally will be effective as of the close of the Valuation Period during which we receive your proper request. Any Withdrawal will reduce Contract Value by the amount of the Withdrawal, any Withdrawal Charges attributable to the Withdrawal, and any Premium tax and pro rata Account Charge. V6029B (11-00) 16 Upon the Owner's request for a full Withdrawal, SBL will pay the Withdrawal Value in a lump sum, and the Contract will terminate. If you make a full withdrawal, we require return of your Contract or a signed Lost Contract Affidavit with your proper request. All Withdrawals must meet the following conditions.

MUTUAL FUND EXPENSES. Each Subaccount invests in shares of a mutual fund. The net asset value per share of each underlying fund reflects the deduction of any investment advisory and administration fees and other expenses of the fund. These fees and expenses are not deducted from the assets of a Subaccount, but are paid by the underlying funds. The Owner indirectly bears a pro rata share of such fees and expenses. An underlying fund's fees and expenses are not specified or fixed under the terms of this Contract. -------------------------------------------------------------------------------- WITHDRAWAL PROVISIONS -------------------------------------------------------------------------------- WITHDRAWALS A full or partial Withdrawal of Separate Account Contract Value is allowed at any time prior to the Annuity Start Date while the Owner is living. Withdrawals will be effected as of the end of the Valuation Period in which the Withdrawal request is Received by SBL, and payment will be made within the time frame required by applicable law. Withdrawals normally will be effective as of the close of the Valuation Period during which we receive your proper request. Any Withdrawal will reduce Contract Value by the amount of the Withdrawal, any Withdrawal Charges attributable to the Withdrawal, and any Premium tax and pro rata Account Charge. Upon the Owner's request for a full Withdrawal, SBL will pay the Withdrawal Value in a lump sum, and the Contract will terminate. If you make a full withdrawal, we require return of your Contract or a signed Lost Contract Affidavit with your proper request. All Withdrawals must meet the following conditions.V6029B (8-00) 16

MUTUAL FUND EXPENSES. Each Subaccount invests in shares of a mutual fund. The net asset value per share of each underlying fund reflects the deduction of any investment advisory and administration fees and other expenses of the fund. These fees and expenses are not deducted from the assets of a Subaccount, but are paid by the underlying funds. The Owner indirectly bears a pro rata share of such fees and expenses. In addition, a fund may assess a redemption fee or other similar charge in the event an Owner redeems his or her investment in the fund (through the Subaccount). Any such fee will be deducted from Contract Value or from the proceeds of a Withdrawal request. An underlying fund's fees and expenses are not specified or fixed under the terms of this Contract. -------------------------------------------------------------------------------- WITHDRAWAL PROVISIONS -------------------------------------------------------------------------------- WITHDRAWALS A full or partial Withdrawal of Separate Account Contract Value is allowed at any time prior to the Annuity Start Date while the Owner is living. Withdrawals will be effected as of the end of the Valuation Period in which the Withdrawal request is Received by SBL, and payment will be made within the time frame required by applicable law. Withdrawals normally will be effective as of the close of the Valuation Period during which we receive your proper request. Any Withdrawal will reduce Contract Value by the amount of the Withdrawal, including any Withdrawal Charges attributable to the Withdrawal, and any Premium tax and pro rata tax. The amount withdrawn from the Fixed Account Chargemay also be subject to a Market Value Adjustment. Upon the Owner's request for a full Withdrawal, SBL will pay the Withdrawal Value in a lump sum, and the Contract will terminate. If you make a full withdrawal, we require return of your Contract or a signed Lost Contract Affidavit with your proper request. All Withdrawals must meet the following conditions.

MUTUAL FUND EXPENSES. Each Subaccount invests in shares of a mutual fund. The net asset value per share of each underlying fund reflects the deduction of any investment advisory and administration fees and other expenses of the fund. These fees and expenses are not deducted from the assets of a Subaccount, but are paid by the underlying funds. The Owner indirectly bears a pro rata share of such fees and expenses. An underlying fund's fees and expenses are not specified or fixed under the terms of this Contract. -------------------------------------------------------------------------------- WITHDRAWAL PROVISIONS -------------------------------------------------------------------------------- WITHDRAWALS A full or partial Withdrawal of Separate Account Contract Value is allowed at any time prior to the Annuity Start Date while the Owner is living. Withdrawals will be effected as of the end of the Valuation Period in which the Withdrawal request is Received by SBL, and payment will be made within the time frame required by applicable law. Withdrawals normally will be effective as of the close of the Valuation Period during which we receive your proper request. Any Withdrawal will reduce Contract Value by the amount of the Withdrawal, any Withdrawal Charges attributable to the Withdrawal, and any Premium tax and pro rata Account Charge. V6029B (8-00)U 16 Upon the Owner's request for a full Withdrawal, SBL will pay the Withdrawal Value in a lump sum, and the Contract will terminate. If you make a full withdrawal, we require return of your Contract or a signed Lost Contract Affidavit with your proper request. All Withdrawals must meet the following conditions.

MUTUAL FUND EXPENSES. Each Subaccount invests in shares of a mutual fund. The net asset value per share of each underlying fund reflects the deduction of any investment advisory and administration fees and other expenses of the fund. These fees and expenses are not deducted from the assets of a Subaccount, but are paid by the underlying funds. The Owner indirectly bears a pro rata share of such fees and expenses. An underlying fund's fees and expenses are not specified or fixed under the terms of this Contract. -------------------------------------------------------------------------------- WITHDRAWAL PROVISIONS -------------------------------------------------------------------------------- WITHDRAWALS A full or partial Withdrawal of Separate Account Contract Value is allowed at any time prior to the Annuity Start Date while the Owner is living. Withdrawals will be effected as of the end of the Valuation Period in which the Withdrawal request is Received by SBL, and payment will be made within the time frame required by applicable law. Withdrawals normally will be effective as of the close of the Valuation Period during which we receive your proper request. Any Withdrawal will reduce Contract Value by the amount of the Withdrawal, any Withdrawal Charges attributable to the Withdrawal, and any Premium tax and pro rata Account Charge. V6029B (11-00)U 16 Upon the Owner's request for a full Withdrawal, SBL will pay the Withdrawal Value in a lump sum, and the Contract will terminate. If you make a full withdrawal, we require return of your Contract or a signed Lost Contract Affidavit with your proper request. All Withdrawals must meet the following conditions.