1
EXHIBIT 8(d)
AMENDMENT TO AGREEMENT
THIS AMENDMENT made as of the ___ day of ______, 1998 to amend portions of the
Fund Participation Agreement entered into by Xxx Xxx Worldwide Insurance Trust
and the Trust's investment adviser, Xxx Xxx Associates Corporation, and IL
Annuity and Insurance Company on September 5, 1995 for the purpose of adding
Bankers Life Insurance Company of New York, a New York corporation, as a party
to the agreement.
1. The initial paragraph is amended follows:
a. The phrase "Insurance Company" used to represent IL Annuity and
Insurance Company in the first sentence is replaced by "XXX."
b. The following sentences are added to the section:
As amended the ___ day of June, 1998, Bankers Life Insurance Company
of New York ("BLNY"), Van Eck Worldwide Insurance Trust ("Trust"),
and the Trust's investment adviser, Xxx Xxx Associates Corporation
("Adviser") hereby agree that shares of the series of the Trust as
listed on Exhibit A, as it may from time to time be amended
("Portfolios"), shall be made available to serve as an underlying
investment medium for Individual Deferred Variable Annuity Contracts
("Contracts") to be offered by subject to the following provisions.
"The Company" shall be used hereinafter to refer to both XXX and
BLNY, individually.
2. Section 1. is amended to read as follows:
a. References to "The Insurance Company" in the first and second
sentences of the section are replaced by "XXX."
b. The words "Variable Account" throughout the section are replaced by
"XXX Separate Account."
c. The following sentences are added to the section:
BLNY represents that it has established Bankers Life Insurance
Company of New York Separate Account I ("BLNY Separate Account") as
a separate account under New York law, and has registered it as a
unit investment trust under the Investment Company Act of 1940
("1940 Act") to serve as an investment vehicle for the Contracts.
The Contracts provide for the allocation of net amounts received by
BLNY to separate series of the BLNY Separate Account for investment
in the shares of specified investment companies selected among those
companies available through the BLNY Separate Account to act as
underlying investment media. Selection of a particular investment
company is made by the Contract owner who may change such selection
from time to time in accordance
1
2
with the terms of the applicable Contract.
IN WITNESS WHEREOF, the parties have caused their duly authorized officers
to execute this Agreement to Amend of the date and year first above written.
VAN ECK WORLDWIDE INSURANCE TRUST
By:
-----------------------------------------
Name:
Title:
XXX XXX ASSOCIATES CORPORATION
By:
-----------------------------------------
Name:
Title:
BANKERS LIFE INSURANCE COMPANY OF
NEW YORK
By:
-----------------------------------------
Name:
Title:
2
