EXHIBIT 1.5(c)
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LIBERTY LIFE ASSURANCE COMPANY OF BOSTON
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EXTENDED EXTENDED MATURITY OPTION
MATURITY You may continue Your contract after the Maturity
AGREEMENT Date if the Insured is living on that date and before
the Maturity Date You elect by Written Request to
extend the maturity option.
On the contract's Maturity Date, this Agreement will
modify the contract in the following manner:
The Initial Death Benefit will be reduced to zero;
The Guaranteed Death Benefit Provision will terminate;
You will pay no further cost of insurance charges; and
At the Insured's death, the Death Benefit Proceeds will
equal the Surrender Value.
Your decision whether or not to exercise this option
will have tax consequences. Accordingly, before
making this decision You should consult Your tax
advisor.
TERMINATION
This Agreement will terminate on the earliest of:
(1) the date of death of the surviving Insured;
(2) the date any Monthly Deduction, Cost of Insurance
Charge or premium due for the contract remains
unpaid at the end of its Grace Period; or
(3) the date the contract matures; is surrendered;
or terminates for any reason.
THIS AGREEMENT AND THE CONTRACT
This Agreement is made a part of Your contract if We
have listed it on the Contract Information page.
EFFECTIVE DATE
This Agreement takes effect on the later of:
The Contract Date shown on the Contract Information
page of this contract; or The date, if any, shown
here.