Common use of PURCHASE PAYMENT PROVISIONS Clause in Contracts

PURCHASE PAYMENT PROVISIONS. PURCHASE PAYMENTS: Subject to the maximum and minimum amounts shown on the Contract Schedule, Purchase Payments may be made at any time during the Accumulation Period. You may increase, decrease and change the frequency of such payments. The Company reserves the right to reject any Application or Purchase Payment. ALLOCATION OF PURCHASE PAYMENTS: Purchase Payments are allocated to the Fixed Account and/or to a one or more Guarantee Period of the MVA Account and/or Variable Sub-accounts of the Separate Account in accordance with the selections made by the Owner. The allocation of the initial Purchase Payment is made in accordance with the selection made by the Owner at the Contract Issue Date. Unless otherwise changed by the Owner, subsequent Purchase Payments are allocated in the same manner as the initial Purchase Payment. Allocation of Purchase Payments are subject to the allocation guidelines shown on the Contract Schedule. SEPARATE ACCOUNT PROVISIONS THE SEPARATE ACCOUNT: The Separate Account consists of assets set aside by the Company, which are kept separate from that of the general assets and any other Separate Account assets of the Company. The assets of the Separate Account will not be charged with liabilities arising out of any other business the Company may conduct. The Separate Account assets are divided into Sub-accounts. The assets of the Sub-accounts are allocated to the Eligible Fund(s) and the Portfolio(s), if any, within an Eligible Fund. Should the shares of any such Eligible Fund(s), or any Portfolio(s) within an Eligible Fund, become unavailable for investment by the Separate Account, or the Company's Board of Directors deems further investment in these shares inappropriate, the Company may limit further purchase of such shares or substitute shares of another Eligible Fund or Portfolio for shares already purchased under this contract.

PURCHASE PAYMENT PROVISIONS. PURCHASE PAYMENTS: The initial Purchase Payment for an Owner is due on the Contract Issue Date. Subject to the maximum and minimum amounts shown on the Contract Schedule, the Owner may make subsequent Purchase Payments and may be made at any time during the Accumulation Period. You may increase, increase or decrease and or change the frequency of such payments. The Company reserves the right to reject any Application or Purchase Payment. ALLOCATION OF PURCHASE PAYMENTS: Net Purchase Payments are allocated to one or more of the Fixed Account and/or the MVA Account Guarantee Period options and/or to a one or more Guarantee Period Sub-Accounts of the MVA Account and/or Variable Sub-accounts of the Separate Account in accordance with the selections made by the Owner. The allocation of the initial Net Purchase Payment for an Owner is made in accordance with the selection made by the Owner at the Contract Issue Date. Unless otherwise changed by the Owner, subsequent Net Purchase Payments are allocated in the same manner as the initial Net Purchase Payment. Allocation of the Net Purchase Payments are is subject to the allocation guidelines Allocation Guidelines shown on the Contract Schedule. The Company has reserved the right to allocate initial Net Purchase Payments to the Money Market Sub-Account (except for any amounts allocated to the Fixed Account and/or MVA Account) until the expiration of the Right to Examine period. SEPARATE ACCOUNT PROVISIONS THE SEPARATE ACCOUNTACCOUNTS: The Separate Account Accounts are designated on the Contract Schedule and consists of assets set aside by the Company, which are kept separate from that of the general assets and any all other Separate Account separate account assets of the Company. VARIABLE ACCOUNT: The assets of the Separate Variable Account equal to reserves and other liabilities will not be charged with liabilities arising out of any other business the Company may conduct. The Separate Variable Account assets are divided into Sub-accountsAccounts. The Sub-Accounts which are available under this Contract are listed on the Contract Schedule. The assets of the Sub-accounts Accounts are allocated to the Eligible Fund(s) and the Portfolio(s), if any, within an Eligible Fund, shown on the Contract Schedule. The Company may, from time to time, add additional Eligible Fund(s) or Portfolio(s) to those shown on the Contract Schedule. The Owner may be permitted to transfer Contract Values or allocate Net Purchase Payments to the additional Sub-Account(s) within the Variable Account. However, the right to make such transfers or allocations will be limited by the terms and conditions imposed by the Company. Should the shares of any such Eligible Fund(s), ) or any Portfolio(s) within an Eligible Fund, Fund become unavailable for investment by the Separate Variable Account, or the Company's Board of Directors deems further investment in these shares inappropriate, the Company may limit further purchase of such shares or substitute shares of another Eligible Fund or Portfolio for shares already purchased under this contracta Contract.

PURCHASE PAYMENT PROVISIONS. PURCHASE PAYMENTS: Subject to PAYMENTS This Contract will not be in force until SBL Receives the maximum and minimum amounts shown on the Contract Schedule, initial Purchase Payment at its Home Office. You may make additional Purchase Payments may be made at any time during before the Accumulation PeriodAnnuity Start Date, while the Owner is living, and while this Contract is in force. You may increasePurchase Payments are payable in U.S. dollars and checks should be made payable to SBL. PURCHASE PAYMENT LIMITATIONS The minimum initial Purchase Payment, decrease and of each subsequent Purchase Payment, is shown in the Contract Specifications. SBL reserves the right change these minimums. Purchase Payments exceeding the frequency of such payments“Maximum Total Purchase Payments” shown in the Contract Specifications will not be accepted without prior approval by SBL. The Company SBL will reject any Purchase Payment that does not satisfy the SBL’s requirements or does not comply with any state or federal regulatory requirements. SBL reserves the right to reject any Application limit subsequent Purchase Payments, including the rights to suspend or Purchase Payment. ALLOCATION OF PURCHASE PAYMENTS: discontinue accepting Purchase Payments are allocated and limit the amount of Purchase Payments that can be made any time after the first Contract Year. SBL will notify you of any material change it makes to the Fixed Account and/or to a one or more Guarantee Period of the MVA Account and/or Variable Sub-accounts of the Separate Account in accordance with the selections made by the Owner. The allocation of the initial its Purchase Payment is made in accordance with the selection made by the Owner at the Contract Issue Datelimitations. Unless otherwise changed by the Owner, subsequent PURCHASE PAYMENT ALLOCATION Purchase Payments are allocated in accordance with your allocation instructions in the same manner as Application or more recent allocation instructions. You may change your allocation instructions by written notice to SBL. Purchase Payments must be allocated among the Accounts. The allocations may be a whole dollar amount or a whole percentage. The amount allocated to any Account may be no less than the “Minimum Account Allocation” shown in the Contract Specifications. PLACE OF PAYMENT All Purchase Payments under this Contract are to be paid to SBL at its Home Office. Purchase Payments after the initial Purchase Payment. Allocation of Purchase Payments Payment are subject to the allocation guidelines shown on the Contract Schedule. SEPARATE ACCOUNT PROVISIONS THE SEPARATE ACCOUNT: The Separate Account consists of assets set aside by the Company, which are kept separate from that applied as of the general assets and any other Separate Account assets end of the Company. The assets of the Separate Account will not be charged with liabilities arising out of any other business the Company may conduct. The Separate Account assets Valuation Period during which they are divided into Sub-accounts. The assets of the Sub-accounts are allocated to the Eligible Fund(s) and the Portfolio(s), if any, within an Eligible Fund. Should the shares of any such Eligible Fund(s), or any Portfolio(s) within an Eligible Fund, become unavailable for investment Received by the Separate Account, or the Company's Board of Directors deems further investment in these shares inappropriate, the Company may limit further purchase of such shares or substitute shares of another Eligible Fund or Portfolio for shares already purchased under this contractSBL.

PURCHASE PAYMENT PROVISIONS. PURCHASE PAYMENTS: Subject PAYMENTS Purchase Payments are flexible. This means that, subject to Company disclosed restrictions, You may change the amounts, frequency and/or timing of Purchase Payments. Purchase Payments will be allocated in accordance with instructions from You to the maximum and minimum amounts shown on the Contract ScheduleVariable Portfolio(s) and/or Fixed Account Option(s), Purchase Payments may be made at any time during the Accumulation Periodif available. You may increase, decrease and change the frequency of such payments. The Company reserves We reserve the right to reject any Application specify the minimum or maximum Purchase PaymentPayment that may be allocated to a Variable Portfolio or available Fixed Account Option under the Contract. ALLOCATION OF PURCHASE PAYMENTS: DCA FIXED ACCOUNT Any portion of a Purchase Payments are Payment allocated to the DCA Fixed Account and/or Option(s) must be transferred out to the Variable Portfolio(s) within the specified DCA Fixed Account Option period. Upon termination of the DCA program, any amounts remaining in the DCA Fixed Account Option(s) will be transferred to the DCA target allocation(s) for the program being terminated. Upon annuitization, any amounts remaining in the DCA Fixed Account Option(s) will be applied to a one Fixed Annuitization. The unit values credited and applied to Your Contract are determined on each date of transfer. We reserve the right to impose a minimum or more Guarantee Period maximum contribution level on Purchase Payments allocated to a DCA Fixed Account Option(s) and/or change the terms and conditions of the MVA DCA program at any time. We reserve the right to cease offering DCA Fixed Account and/or Variable Sub-accounts of the Separate Account in accordance with the selections made by the OwnerOption(s). The allocation of the initial Purchase Payment is made in accordance with the selection made by the Owner at the Contract Issue DateWe will notify you if we exercise this right. Unless otherwise changed by the Owner, subsequent Purchase Payments are allocated in the same manner as the initial Purchase Payment. Allocation of Purchase Payments are subject to the allocation guidelines shown on the Contract Schedule. SEPARATE ACCOUNT PROVISIONS THE SEPARATE ACCOUNT: The Separate Account consists of assets set aside by the Company, which are kept separate from that of the general assets and any other Separate Account assets of the Company. The assets of the Separate Account will not be charged with liabilities arising out of any other business the Company may conduct. The Separate Account assets are divided into Sub-accounts. The assets of the Sub-accounts are allocated to the Eligible Fund(s) and the Portfolio(s), if any, within an Eligible Fund. Should SUBSTITUTION OF VARIABLE PORTFOLIO If the shares of any such Eligible Fund(s), or any Portfolio(s) within an Eligible Fund, become unavailable Underlying Fund should no longer be available for investment by the Separate Account, or the Company's Board of Directors deems further investment in these shares inappropriate, the Company then We may limit further purchase of such shares or substitute shares of another Eligible Fund or Portfolio Underlying Fund, for shares already purchased, or to be purchased in the future. Substitutions of securities will be carried out in accordance with any applicable state and/or federal laws or regulations. ACCUMULATION PROVISIONS Prior to the Annuity Date, the Contract Value is the sum of the Separate Account Accumulation Value and the Fixed Account Accumulation Value. SEPARATE ACCOUNT ACCUMULATION VALUE The Separate Account Accumulation Value under the Contract shall be the sum of the values of the Accumulation Units held in the Variable Portfolios for the Owner. NUMBER OF ACCUMULATION UNITS Your Contract is credited with Accumulation Units of the Separate Account when amounts are allocated to the Variable Portfolio(s). For that portion of each Purchase Payment and/or transfer amount allocated to a Variable Portfolio, the number of Accumulation Units credited is equal to the sum of each Purchase Payment and/or transfer amount allocated to the Variable Portfolio reduced by premium taxes, if any: Divided by The Accumulation Unit Value for that Variable Portfolio for the NYSE business day in which the Purchase Payment or transfer amount is allocated. The number of Accumulation Units will be reduced for Withdrawals of Contract Value, annuitizations, amounts transferred out of a Variable Portfolio, the Contract Maintenance Fee and applicable charges for elected features as set forth in endorsements to this contract.. Reductions will be made as of the NYSE business day in which We receive all requirements for the transaction, as appropriate. ACCUMULATION UNIT VALUE (AUV) The AUV of a Variable Portfolio for any NYSE business day is calculated by subtracting (2) from (1) and dividing the result by (3) where:

PURCHASE PAYMENT PROVISIONS. PURCHASE PAYMENTS: The initial Purchase Payment is due on the Contract Issue Date. Subject to the maximum and minimum amounts shown on the Contract Schedule, subsequent Purchase Payments may be made at any time during the Accumulation Period. You may increase, decrease and change the frequency of such payments. The Company reserves the right to reject any Application or Purchase Payment. ALLOCATION OF PURCHASE PAYMENTS: Purchase Payments are allocated to the Fixed Account and/or to a one or more Guarantee Period of the MVA Account and/or Variable Sub-accounts of the Separate Account in accordance with the selections made by the Owner. The allocation of the initial Purchase Payment is made in accordance with the selection made by the Owner at the Contract Issue Date. Unless otherwise changed by the Owner, subsequent Purchase Payments are allocated in the same manner as the initial Purchase Payment. Allocation of Purchase Payments are subject to the allocation guidelines shown on the Contract Schedule. SEPARATE ACCOUNT PROVISIONS THE SEPARATE ACCOUNT: The Separate Account consists of assets set aside by the Company, which are kept separate from that of the general assets and any other Separate Account assets of the Company. The assets of the Separate Account will not be charged with liabilities arising out of any other business the Company may conduct. The Separate Account assets are divided into Sub-accounts. The assets of the Sub-accounts are allocated to the Eligible Fund(s) and the Portfolio(s), if any, within an Eligible Fund. Should the shares of any such Eligible Fund(s), or any Portfolio(s) within an Eligible Fund, become unavailable for investment by the Separate Account, or the Company's Board of Directors deems further investment in these shares inappropriate, the Company may limit further purchase of such shares or substitute shares of another Eligible Fund or Portfolio for shares already purchased under this contract.

PURCHASE PAYMENT PROVISIONS. PURCHASE PAYMENTS: PAYMENTS Purchase Payments are flexible. This means that, subject to Company disclosed restrictions, You may change the amounts, frequency and/or timing of Purchase Payments. Purchase Payments will be allocated in accordance with instructions from You to the Variable Portfolio(s) and/or Fixed Account Option(s), if available. The minimum Purchase Payment that may be allocated to a Variable Portfolio or available Fixed Account Option under the Contract is $100. Subject to prior Company approval, the maximum of all Purchase Payments made to the Contract may not exceed $1,000,000. DOLLAR COST AVERAGING PROGRAM To facilitate a dollar cost averaging program, a source account and target account(s) must be identified. Subject to Company disclosed restrictions, a source account can be any available 1-year fixed account, available fixed accounts designed to facilitate Dollar Cost Averaging (DCA Fixed Accounts) or a Variable Portfolio. The target account must be a Variable Portfolio. Any portion of a Purchase Payment allocated to any available DCA Fixed Account Options must be transferred out to the Variable Portfolio(s) within the specified DCA Fixed Account period. Upon termination of a DCA program using the DCA Fixed Account as a source account, any amounts remaining in the DCA Fixed Account will be transferred to the target allocation(s) for the program being terminated. If money remains in a DCA Fixed Account at the time of annuitization, that amount will be applied towards a Fixed Annuitization. The unit values credited and applied to your Contract are determined on the date of transfer. The minimum amounts amount that may be allocated to the 6-month DCA Fixed Account Option is $600. The minimum amount that may be allocated to the 12-month DCA Fixed Account Option is $1,200. If market conditions exist such that we are not able to credit at least the Minimum Guarantee Rate for Fixed Account Options shown on the Contract ScheduleData Page, Purchase Payments may be made at any time during the Accumulation Period. You may increase, decrease and change the frequency of such payments. The Company reserves we reserve the right to reject any Application or Purchase Payment. ALLOCATION OF PURCHASE PAYMENTS: Purchase Payments are allocated to the cease offering DCA Fixed Account and/or to Options. We will notify you 30 days before the end of a one or more Guarantee Period of the MVA Fixed Account and/or Variable Sub-accounts of the Separate Account in accordance with the selections made by the OwnerOption if we exercise this right. The allocation of the initial Purchase Payment is made in accordance with the selection made by the Owner at the Contract Issue Date. Unless otherwise changed by the Owner, subsequent Purchase Payments are allocated in the same manner as the initial Purchase Payment. Allocation of Purchase Payments are subject to the allocation guidelines shown on the Contract Schedule. SEPARATE ACCOUNT PROVISIONS THE SEPARATE ACCOUNT: The Separate Account consists of assets set aside by the Company, which are kept separate from that of the general assets and any other Separate Account assets of the Company. The assets of the Separate Account will not be charged with liabilities arising out of any other business the Company may conduct. The Separate Account assets are divided into Sub-accounts. The assets of the Sub-accounts are allocated to the Eligible Fund(sFS-973 (6/07) and the Portfolio(s), if any, within an Eligible Fund. Should 7 SUBSTITUTION OF VARIABLE PORTFOLIO If the shares of any such Eligible Fund(s), or any Portfolio(s) within an Eligible Fund, become unavailable Underlying Fund should no longer be available for investment by the Separate Account, or the Company's Board of Directors deems further investment in these shares inappropriate, the Company then We may limit further purchase of such shares or substitute shares of another Eligible Fund or Portfolio Underlying Fund, for shares already purchased, or to be purchased in the future. Substitutions of securities will be carried out in accordance with any applicable state and/or federal laws or regulations. ACCUMULATION PROVISIONS Prior to the Annuity Date, the Contract Value is the sum of the Separate Account Accumulation Value and the Fixed Account Accumulation Value, if any. If Your Contract Value falls below $2,500, subject to applicable state and federal laws, rules and regulations, we may terminate Your Contract and send you the remaining dollar amount. SEPARATE ACCOUNT ACCUMULATION VALUE The Separate Account Accumulation Value under the Contract shall be the sum of the values of the Accumulation Units held in the Variable Portfolios for the Owner. NUMBER OF ACCUMULATION UNITS Your Contract is credited with Accumulation Units of the Separate Account when amounts are allocated to the Variable Portfolio(s). For that portion of each Purchase Payment and/or transfer amount allocated to a Variable Portfolio, the number of Accumulation Units credited is equal to the sum of each Purchase Payment and/or transfer amount allocated to the Variable Portfolio reduced by premium taxes, if any: Divided by The Accumulation Unit value for that Variable Portfolio for the NYSE business day in which the Purchase Payment or transfer amount is allocated. The number of Accumulation Units will be reduced for Withdrawals of Contract Value, annuitizations, amounts transferred out of a Variable Portfolio, the Contract Maintenance Fee and applicable charges for optional features as set forth in endorsements to this contract.Contract. Reductions will be made as of the NYSE business day in which We receive all requirements for the transaction, as appropriate. ACCUMULATION UNIT VALUE (AUV) The AUV of a Variable Portfolio for any NYSE business day is calculated by subtracting (2) from (1) and dividing the result by (3) where:

PURCHASE PAYMENT PROVISIONS. PURCHASE PAYMENTS: . The initial Purchase Payment is due on the Contract Issue Date. Subject to the maximum and minimum amounts shown on the Contract Schedulecontract schedule, subsequent Purchase Payments may be made at any time during the Accumulation Period. You may increase, decrease and change the frequency of such payments. The Company reserves the right to reject any Application or Purchase Payment. ALLOCATION OF PURCHASE PAYMENTS: . Purchase Payments are allocated to the Fixed Account and/or to a one or more Guarantee Period of the MVA Account and/or Variable Sub-accounts of the Separate Account in accordance with the selections made by the Owner. The allocation of the initial Purchase Payment is made in accordance with the selection made by the Owner at the Contract Issue Date. Unless otherwise changed by the Owner, subsequent Purchase Payments are allocated in the same manner as the initial Purchase Payment. Allocation of Purchase Payments are subject to the allocation guidelines shown on the Contract Schedulecontract schedule. SEPARATE ACCOUNT PROVISIONS THE SEPARATE ACCOUNT: . The Separate Account consists consist of assets set aside by the Company, which are kept separate from that of the general assets and any other Separate Account assets of the Company. The assets of the Separate Account will not be charged with liabilities arising out of any other business the Company may conduct. The Separate Account assets are divided into Sub-accounts. The assets of the Sub-accounts are allocated to the Eligible Fund(s) and the Portfolio(s), if any, within an Eligible Fund. Should the shares of any such Eligible Fund(s), or any Portfolio(s) within an Eligible Fund, become unavailable for investment by the Separate Account, or the Company's Board of Directors deems further investment in these shares inappropriate, the Company may limit further purchase of such shares or substitute shares of another Eligible Fund or Portfolio for shares already purchased under this contract.