1 EXHIBIT (4)(a) FAMILY LIFE INSURANCE COMPANY Park Place, Seattle, Washington 98101 FAMILY LIFE INSURANCE COMPANY will make monthly annuity payments for the life of the Annuitant or as otherwise provided in this contract. Payments will be made to the...

FAMILY LIFE INSURANCE COMPANY
Park Place, Seattle, Washington 98101

FAMILY LIFE INSURANCE COMPANY will make monthly annuity payments for the life
of the Annuitant or as otherwise provided in this contract. Payments will be
made to the Owner starting on the annuity date.

This is a legal contract between you and us. Please read the contract
carefully. ANNUITY PAYMENTS AND OTHER VALUES PROVIDED BY THIS CONTRACT WHEN
BASED ON THE INVESTMENT EXPERIENCE OF A SEPARATE ACCOUNT, ARE VARIABLE AND ARE
NOT GUARANTEED AS TO FIXED-DOLLAR AMOUNT.

TEN DAY RIGHT TO REVIEW CONTRACT. You may cancel this contract within ten days
after its receipt. Simply return or mail it to us or our agent. Within seven
days we will refund the greater of the contract value or all of your premiums.
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TABLE OF CONTENTS

SECTION PAGE

DEFINITIONS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1

1. PREMIUMS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3

2. THE VARIABLE ACCOUNT . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3

3. FIXED ACCOUNT . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5

4. CHARGES AND DEDUCTIONS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5

5. GENERAL PROVISIONS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6

6. PAYMENT AT DEATH . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8

7. WITHDRAWALS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10

8. LOAN PROVISIONS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11

9. ANNUITY PROVISIONS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12

10. VARIABLE ACCOUNT ANNUITY PAYMENTS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12

11. FIXED ACCOUNT ANNUITY PAYMENTS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13

12. ANNUITY OPTIONS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14

13. ANNUITY OPTION TABLES . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16

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DEFINITIONS

1. FIXED ANNUITY: A series of periodic payments of predetermined
amounts that do not vary with investment experience.

2. VARIABLE ANNUITY: A series of periodic payments that vary in
amount according to investment experience.

3. ANNUITANT: Annuity payments may depend upon the continuation
of life of a person. That person is called an annuitant. The Annuitant for
this contract is named on the schedule page.

4. ANNUITY DATE: The date on which annuity payments are to
start.

5. PREMIUMS: The money you pay us for this contract.

6. CONTRACT VALUE: The sum of the value of your Fixed Account
and your interest in the Variable Account.

7. ACCUMULATION UNIT. An index used to compute the value of your
interest in the Variable Account prior to the annuity date.

8. ANNUITY UNIT: An index used to compute variable annuity
payments made from the Variable Account.

9. QUALIFIED PLAN: A retirement plan that receives favorable tax
treatment under Section 401, 403, 404, 408, 457 or any similar provision of the
Internal Revenue Code.

10. NONQUALIFIED PLAN: A retirement plan other than a qualified
plan.

11. OWNER: The person entitled to exercise all nights under the
contract. In this contract, "you" means Owner.

12. CONTINGENT OWNERS: The person who is to become Owner at death
of the prior Owner.

13. CO-ANNUITANTS: If two persons are named as Co-Annuitants on
the schedule page, then wherever used in this contract: "Annuitant" means the
Co-Annuitants; death of the Annuitant refers to death of both Co-Annuitants;
and age of the Annuitant refers to age of the order Co-Annuitant. The
Co-Annuitants are joint owners, and each is the Contingent Owner of the other's
interest in this contract. No other Contingent Owner may be named. Only
Options 1, 2 and 6 are available annuity

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options while both Co-Annuitants are alive, and Option 6 will apply if no
annuity option is chosen.

14. DEBT: The balance of any loan under Section 8, plus accrued
interest.

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1. PREMIUMS

1.1 MINIMUM PREMIUMS: The minimum premium is $300 for
nonqualified plans and $10 for qualified plans. Premiums may be paid at any
time without prior notice to us.

1.2 NO DEFAULT: The contract will not be in default even if no
further premiums are paid. The contract will continue in force unless the full
contract value is withdrawn.

1.3 PREMIUM ALLOCATION: Your premiums will be allocated to the
Fixed Account or the sub-accounts of the Variable Account as you direct.

1.4 ACCOUNT TRANSFERS: Upon notice to us, you may transfer all or
part of your contract value amount the Fixed Account and the sub-accounts of
the Variable Account, except as limited by Section 8. No transfers may be made
between the Fixed Account and the Variable Account within 6 months after the
date of issue. Transfers between the Fixed Account and the Variable Account
must be at least 6 months apart. No transfers may be made between the Fixed
Account and Variable Account after the Annuity Date. No transfer between
sub-accounts of the Variable Account may be made within 30 days after the date
of issue. Transfers between sub-accounts of the Variable Account must be at
least 30 days apart.

2. THE VARIABLE ACCOUNT

2.1 THE VARIABLE ACCOUNT: The Variable Account is named on the
schedule page. It is a separate investment account of Family Life Insurance
Company. Assets allocated to the Variable Account remain our property but are
not subject to claims arising out of other business we may conduct.

2.2 ELIGIBLE MUTUAL FUNDS: current eligible mutual funds are
shown on the schedule page. For each eligible mutual fund there is one
sub-account for qualified plans and one sub-account for nonqualified plans. No
transfer may be made between qualified and nonqualified sub-accounts.

2.3 SUBSTITUTION OF INVESTMENTS: We may at our discretion
substitute a different mutual fund for any of the mutual funds shown on the
schedule page. Such substitution may be made with respect to existing
investments and the investment of future premiums.

2.4 NUMBER OF ACCUMULATION UNITS: For each sub-account of the
Variable Account, the number of your Accumulation Units is the sum of:

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Each premium allocated to the sub-account;
Divided by
The value of an Accumulation Unit for that sub-account for the
valuation period in which we received the premium.

The number will be adjusted for transfers, withdrawals and charges.
Adjustments will be made as of the valuation period in which we receive all
requirements for the transaction, as appropriate.

2.5 VALUE OF EACH ACCUMULATION UNIT: For each sub-account of the
Variable Account, the value of an Accumulation Unit was arbitrarily set at $10
when the sub-account was established. The value may increase or decrease from
one valuation period to the next. For any valuation period the value is:

The value of an Accumulation Unit for the last prior valuation
period.
Multiplied by
The Net Investment Factor for that sub-account for the current
valuation period.

2.6 NET INVESTMENT FACTOR: This is an index used to measure the
investment performance of a sub-account of the Variable Account from one
valuation period to the next. For any sub-account, the Net Investment Factor
for a valuation period is found by dividing (a) by (b) and subtracting (c):

Where (a) is:

The net asset value per share of the mutual fund held
in the sub-account, as of the end of the valuation
period;
Plus
The per-share amount of any dividend or capital gain
distributions by the mutual fund if the "ex-dividend"
date occurs in the valuation period;

Where (b) is:

The net asset value per share of the mutual fund held
in the sub-account as of the end of the last prior
valuation period;

Where (c) is:

The sum of the daily expense risk charge and the
daily mortality risk charge. See Section 4. On an
annual basis, the sum of such charges for
nonqualified plans equals 1.3% of the daily net

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asset value of the Separate Account. For qualified
plans the sum is 1.0% on the same basis.

We may adjust the Net Investment Factor to make provision for any change in tax
law that requires us to pay tax on capital gains in the Variable Account.

2.7 VALUATION PERIOD: This is the interval from one valuation day
of an eligible mutual fund to the next day. It is measured from the time each
day at which each mutual fund is valued.

3. FIXED ACCOUNT

3.1 FIXED ACCOUNT VALUE: Your Fixed Account value is the sum of
all your premiums allocated to the Fixed Account, as adjusted for credited
interest, transfers, withdrawals, payments under annuity options and charges.
Interest will be credited on your Fixed Account value from date of our receipt
of funds to date of our disbursement.

3.2 INTEREST: Prior to the annuity date interest will be credited
on your Fixed Account value at a guaranteed annual rate of 4.5%. We may also
credit additional interest at our discretion at a rate determined for each
calendar year. We guarantee that rate for the full calendar year. We will
notify you of the rate at the start of each year.

4. CHARGES AND DEDUCTIONS

4.1 CONTRACT ADMINISTRATION CHARGE: This charge of $30 will be
deducted on each contract anniversary that occurs on or prior to the annuity
date. It will also be deducted when the contract value is withdrawn in full if
withdrawal is not on a contract anniversary. This charge will never increase.

4.2 VARIABLE ACCOUNT EXPENSE RISK CHARGE. This charge is made to
compensate us for guaranteeing that the contract administration charge will
never increase. For Nonqualified Plans, on an annual basis it equals 0.5% of
the daily net asset value of the Variable Account. For Qualified Plans, it is
0.2% on the same basis. This charge does not apply to contract values in the
Fixed Account.

4.3 VARIABLE ACCOUNT MORTALITY RISK CHARGE: This charge is made
to compensate us for the mortality guarantees we make under this contract. On
an annual basis it equals 0.8% of the daily net asset value if the Variable
Account. This charge does not apply to contract values in the Fixed Account.

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4.4 CONTINGENT DEFERRED SALES CHARGE. This charge may be deducted
upon withdrawal of the contract value in whole or in part. See Section 7.

4.5 PREMIUM TAXES. Any premium taxes imposed by a state or other
government will be deducted at the annuity date.

4.6 PAYMENT OF DEDUCTIONS: The expense risk charge and the
mortality risk charge will be computed and deducted from each sub-account of
the Variable Account for each day the contract is in force. Other charges will
be deducted from the Fixed Account and from each sub-account of the Variable
Account in the ratio of your interest in each to your contract value; however,
if a loan is outstanding under Section 8, no part of the Contingent Deferred
Sales Charge will be deducted from the loan security reserve except in the case
of a withdrawal from the loan security reserve under Section 8.4 or 8.5 to
repay the loan.

5. GENERAL PROVISIONS

5.1 BENEFICIARY: A beneficiary is the person who is to receive
payment under Section 6 on death of the Annuitant or Owner, as applicable. If
the Owner is not the Annuitant, you may, if you desire, name one beneficiary to
receive payment on death of the Owner ("Owner's Beneficiary") and a different
beneficiary to receive payment on death of the Annuitant ("Annuitant's
Beneficiary"). If the Owner is the Annuitant, then the Owner's Beneficiary
must be the same person as the Annuitant's Beneficiary. See Section 6.

You choose the beneficiary in the application. You may charge the Annuitant's
Beneficiary while the Annuitant is alive. You may change the Owner's
Beneficiary while the Owner is alive.

You may name a beneficiary irrevocably. If you do so, a change can be made
later only with the beneficiary's written consent.

If a beneficiary does not survive the deceased, the estate or heirs of such
beneficiary have no rights under this contract. If no beneficiary survives the
deceased, payment will be made to you or your estate.

5.2 OWNERSHIP OF CONTRACT: Unless another owner is named in the
application or an endorsement, the Annuitant is the Owner.

Only an Owner who is not the Annuitant may name or change a Contingent Owner,
except that an Owner who is also the Annuitant may name his or her spouse as
Contingent Owner.

Upon notice to us you may assign the contract to a new owner. The assignment
cancels a designation of Contingent Owner. It does not change the beneficiary.

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5.3 COLLATERAL ASSIGNMENT: Upon notice to us you may make a
collateral assignment. It does not change contract ownership. The rights of
an assignee have priority over the rights of a beneficiary.

5.4 NOTICES, CHANGES AND CHOICES. To be effective, all notices,
changes and choices you may make under this contract must be in writing, signed
and received by us at our home office, except that account transfers may be
made by telephone. If acceptable to us, notices, changes and choices relating
to beneficiaries and ownership will take effect as of the date signed unless we
have already acted in response on the prior status. We are not responsible for
their validity.

5.5 RESTRICTIONS OF QUALIFIED PLANS: If this contract is issued
pursuant to a qualified plan, it may not be assigned, pledged or transferred
unless permitted by law.

5.6 MISSTATEMENT OF AGE OR SEX: If the age or sex of the
Annuitant or a joint annuitant is misstated, annuity payments will be adjusted
to reflect the correct age and sex. Any amount we have overpaid as the result
of such misstatement will be deducted from the next payments due under this
contract. Interest on the overpayment will be charged at the rate of 6% per
year. Any amount we have underpaid will be paid in full with the next payment
due under this contract. We will pay interest on the underpayment at the rate
of 6% per year.

5.7 PROOF OF AGE, SEX OR SURVIVAL: We may require satisfactory
proof of age, sex or survival of any person on whose continued life any payment
under this contract depends.

5.8 INCONTESTABILITY: We will not contest this contract.

5.9 THE CONTRACT: This contract, its attached application and any
endorsements are the entire contract. It is issued in consideration of the
application and payment of the first premium.

Only our President, a Vice President, Secretary or Assistant Secretary may
change the contract. Any change must be in writing.

At any time we may make such changes in this contract as are required to make
it conform with any law, regulation or ruling issued by a government agency.

5.10 NONPARTICIPATING: This contract is nonparticipating. It does
not share in our surplus.

5.11 DATES: Contract years and anniversaries are measured from
the Date of Issue.

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5.12 CONTRACT PAYMENTS: All sums payable to or by us are payable
at our home office. We may require return of this contract prior to making
payment. Paid-up annuity benefits, contract withdrawal values and death
benefits are not less than the minimum required by any statute of the state in
which the contract is delivered.

5.13 PROTECTION OF PROCEEDS: Payments under this contract may not
be assigned by the payee prior to their due dates. To the extent allowed by
law, payments are not subject to legal process for debts of a payee.

5.14 PERIODIC REPORTS: At least once a year prior to the annuity
date we will furnish you a report of your contract value. For the Variable
Account it will set forth the current number of Accumulation Units, the value
per Accumulation Unit and the total account value. Each person with voting
rights in the Variable Account will be furnished reports required by the
Investment Company Act of 1940.

6. PAYMENT AT DEATH

6.1 DEATH OF OWNER

(Including an Annuitant Who is Also an Owner)

6.1.1 DEATH PRIOR TO ANNUITY DATE: On death of an Owner
prior to the annuity date, we will pay to the Owner's Beneficiary the death
benefit representing such Owner's interest in the contract, unless Section
6.1.3 is chosen. The death benefit is the greater of:

(a) The sum of all your premiums, adjusted for
withdrawals and related charges; or

(b) The contract value as of the date we receive
due proof of death at our home office.

Payment will be made in a lump sum unless Section 6.1.2 or Section 6.1.3 is
chosen.

6.1.2 ANNUITY OPTION: If the Owner's Beneficiary is the
surviving spouse of the decreased Owner, he or she may choose to receive
payments under any of the annuity options of this contract. For any other
Owner's Beneficiary, only those options are available that provide for full
payment of such Owner's interest in the contract:

(a) Within five years of the date of such Owner's
death;

(b) Over the lifetime of the new owner of this
contract, or

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(c) Over a period that does not exceed the life
expectancy, as defined by Internal Revenue
Service regulations, of the new owner of this
contract.

Subparagraphs (b) and (c) apply only to individuals, and such payments must
start within one year of the date of such Owner's death. For Qualified Plans,
any annuity option chosen must meet the requirements of the Internal Revenue
Code.

6.1.3 CONTRACT CONTINUATION OPTION: If the surviving
spouse of the deceased Owner is the Owner's Beneficiary and is also the
Contingent Owner, such spouse may choose to continue this contract in force on
the same terms as before such Owner's death, and the spouse shall thereafter be
the Annuitant. This option is also available if the surviving spouse and the
deceased spouse were Co-Annuitants.

6.1.4 ROLLOVER OPTION: If all or part of a lump sum
payment under Section 6.1.1 is used within 30 days as the premium for a new
contract issued to the Owner's Beneficiary on the same form as this contract,
then the new contract will be deemed a continuation of this contract in
computing withdrawal charges under the new contract.

6.1.5 DEATH AFTER ANNUITY DATE: See Section 12.8.

6.2 DEATH OF ANNUITANT WHO IS NOT AN OWNER

6.2.1 DEATH BEFORE THE ANNUITY DATE: On death prior to the
annuity date of an Annuitant who is not an Owner, we will pay to the
Annuitant's Beneficiary the greater of:

(a) The sum of all your premiums, adjusted for
withdrawals and related charges; or

(b) The contract value as of the date we receive
due proof of death at our home office.

Payment will be in a lump sum unless one of the annuity options is chosen. If
this contract is owned by a corporation or other non-individual, only those
options are available that provide for full payment within 5 years of the
Annuitant's death. Such payments must start within one year of the Annuitant's
death.

6.2.2 ROLLOVER OPTION: If all or part of a lump sum under
Section 6.2.1 is used within 30 days as the purchase payment for a new contract
issued to the Annuitant's Beneficiary on the same form as this contract, then
the new contract will be deemed a continuation, of this contract in computing
withdrawal charges under the new contract.

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6.2.3 DEATH AFTER THE ANNUITY DATE: See Section 12.8.

6.3 DEATH OF BOTH OWNER AND ANNUITANT

6.3.1 ONE PAYMENT ONLY: Payment will be made pursuant to
either Section 6.1.1. or 6.2.1, but not both, according to whichever first
becomes applicable.

6.3.2 SIMULTANEOUS DEATH: If an Owner is not also an
Annuitant, then in the event of death of both the Owner and the Annuitant under
circumstances in which it cannot be determined who died first, payment will be
made 50% to the Owner's Beneficiary pursuant to Section 6.1.1 and 50% to the
Annuitant's Beneficiary pursuant to Section 6.2.1.

7. WITHDRAWALS

7.1 WITHDRAWALS. Subject to Section 8, you may withdraw all or
part of the contract value, less any charges. Notice to us must be received
prior to the earlier of the annuity date or the death of the Annuitant. For
full withdrawal, this contract must be surrendered to our home office. For
partial withdrawals, the withdrawal must be at least $500, and the remaining
contract value must be at least $500.

7.2 CONTINGENT DEFERRED SALES CHARGE: This charge will be made at
withdrawal. It will be the lesser of:

(a) 5% of the sum of the premiums paid within 7 years
prior to the date of withdrawal, adjusted for any
prior withdrawals; or

(b) 5% of the amount withdrawn.

The cumulative sum of such charges made within 7 years prior to the date of
withdrawal will never be more than 5% of the sum of all premiums paid during
the same period.

No charge will be made for such part of the first withdrawal in a contract year
as does not exceed 10% of the sum of premiums paid prior to the date of
withdrawal.

In computing the charge, withdrawals will be deemed made first from premiums on
a first-in, first-out basis and then from any gain in contract value.

7.3 PAYMENT OF WITHDRAWALS. Unless you notify us otherwise,
partial withdrawals will be deducted from the Fixed Account and each
sub-account of the Variable Account int he ratio of your interest in each to
your contract value. Withdrawals will be based on values for the valuation
period in which the

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notice (and contract if required) is received at our home office. We may defer
withdrawals from the Fixed Account for up to 6 months. Payment of Variable
Account withdrawals will be made within 7 days, but we may defer payment if:

(a) The New York Stock Exchange is closed;

(b) Trading on the New York Stock Exchange is restricted;

(c) An emergency exists such that it is not reasonably
practical to dispose of securities in the Separate
Account or to determine the value of its assets; or

(d) The Securities and Exchange Commission by order so
permits for the protection of security holders.

Conditions (b) and (c) will be decided by or in accordance with rules of the
Securities and Exchange Commission.

8. LOAN PROVISIONS

8.1 CONTRACT LOANS: If this contract was issued in connection
with a qualified plan under Section 401(a) or 403(b) of the Internal Revenue
Code, you may borrow money from us using this contract as security. The loan
may not exceed 75% of your Fixed Account value on the date of the loan. Only
one loan may be outstanding at any time. The minimum loan amount is $1,500.
We may require a signed loan agreement. We have the option to delay making a
loan for up to six months. YOU ARE CAUTIONED THAT IN SOME CASES A LOAN MAY
HAVE FEDERAL INCOME TAX CONSEQUENCES. YOU SHOULD CONSULT YOUR TAX ADVISOR
BEFORE REQUESTING A LOAN.

8.2 LOAN SECURITY RESERVE: On the date a loan is made, part of
your Fixed Account value, equal to 133 1/3% of the loan amount, will be
designated as a loan security reserve. The loan security reserve may not be
transferred to the Variable Account nor may it be withdrawn.

8.3 INTEREST: Interest on the loan will accrue at the rate of
6.5% per year. It is due and payable on each anniversary of the loan. If
interest is not paid when due, it will be added to the loan and will bear
interest at the same rate. On that part of your Fixed Account value that is
equal to your debt, we will credit interest at an annual rate of only 4.5%.

8.4 LOAN REPAYMENT: You may make full or partial repayment of
your debt at any time, either by check or by authorizing us to withdraw the
amount of your debt and any applicable Contingent Deferred Sales charge from
the loan security reserve. no loans, withdrawals or transfers from the Fixed
Account may be made within 60 days after a loan has been repaid by check. Your
debt will be deducted from any payment made by reason of the death of an
Annuitant or Owner or upon any surrender of the contract.

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8.5 DUE DATE AND DEFAULT. Your debt must be repaid on the
earliest of (a) the fifth anniversary of the date of the loan, (b) 60 days
prior to the annuity date if repaid by check, or (c) the annuity date if repaid
by withdrawal from the loan security reserve. If not repaid when due, we will
withdraw from the loan security reserve an amount equal to the sum of your debt
and any Contingent Deferred Sales Charge applicable to such withdrawal. Any
income tax withholding required by Internal Revenue Service regulations will
also be deducted from the loan security reserve.

9. ANNUITY PROVISIONS

9.1 ANNUITY DATE: The annuity date must be on the first day of a
month. It may not be later than the first day of the next month after the
Annuitant's 85th birthday. If you have not chose an annuity date, it will be
the first day of the next month after the Annuitant's 75th birthday. You may
change the annuity date up to 30 days prior to the annuity date.

9.2 ANNUITY OPTIONS. If you have not chose an annuity option.
Option 4 will apply with a 10-year guarantee period. You may change options
only up to 30 days prior to the annuity date. You may choose one option for
the Fixed Account and one option for the Variable Account. An option not set
forth in the contract may be chosen if acceptable to us.

9.3 MINIMUM ANNUITY PAYMENT. If the net contract value to be
applied at the annuity date is less than $5,000, we may pay such amount in a
lump sum. If any payment would be less than $50, we may change the frequency
so payments are at least $50 each.

10. VARIABLE ACCOUNT ANNUITY PAYMENTS

10.1 FIRST VARIABLE ANNUITY PAYMENT: Applicable premium taxes
imposed by a state or other government will be deducted from the value of your
interest in the Variable Account at the annuity date. The remaining value will
be applied to the annuity table for the option chosen. Only Options 2, 3, 4
and 6 are available in the Variable Account. The annuity tables show the
amount of the first payment for each $1,000 so applied, according to the age
and sex at the annuity date. The tables are based on the 1983 Table "a" for
Individual Annuity Valuation with interest at 4%.

10.2 NUMBER OF VARIABLE ANNUITY UNITS: The number of units for
each sub-account you have chose is:

The amount of the first monthly variable annuity payment
attributable to that sub-account;

Divided by

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The value of an Annuity Unit for the sub-account as of the
annuity date.

The number is fixed except for adjustments for sub-account, transfers.
Adjustments will be made as of the valuation date in which we receive all
requirements for the transfer, as appropriate.

10.3 VALUE OF EACH ANNUITY UNIT: For each sub-account, the value
of an Annuity Unit was arbitrarily set at $10 when the sub-account was
established. The value may increase or decrease from one valuation period to
the next. For any valuation period that value is:

The value of an Annuity Unit for the last prior valuation
period;

Multiplied by

The Net Investment Factor for that sub-account for the current
valuation period;

Multiplied by

An interest factor to neutralize the assumed investment rate
of 4% built into the annuity tables.

10.4 SUBSEQUENT VARIABLE ANNUITY PAYMENTS: Payments after the
first will vary in amount according to the investment performance of the
sub-account of sub-accounts you have chosen. The amount may change from month
to month. The amount may change from month to month. The amount of each
subsequent payment is the sum of:

The number of Annuity Units for each sub-account;

Multiplied by

The value of an Annuity Unit for that sub-account for the
valuation period in which payment is due.

We guarantee that subsequent annuity payments will not be affected by
variations in our expenses or mortality experience.

11. FIXED ACCOUNT ANNUITY PAYMENTS

11.1 AMOUNT OF ANNUITY PAYMENTS: Applicable premium taxes imposed
by a state or other government will e deducted from your fixed Account value at
the annuity date. The remaining value will be applied to the annuity option
chose at our current annuity rates, which will be furnished on request. The
rates will assume interest of not less than 4%. They will not be less

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favorable than those shown in the annuity tables in this contract. The tables
show the minimum guaranteed amount of each monthly payment for each $1,000 so
applied, according to age and sex at the annuity date. The tables are based on
the 1983 Table "a" for Individual Annuity Valuation with interest at 4%.

12. ANNUITY OPTIONS

(*Only Options 2, 3, 4 and 6 are available in the Variable Account)

12.1 OPTION 1 - PAYMENTS OF A FIXED AMOUNT: Equal payments in the
amount chosen will be made until your Fixed Account value is exhausted. The
term over which such payments are made must be at least 5 years.

*12.2 OPTION 2 - PAYMENTS FOR A FIXED PERIOD. Payments will be made
for the period chosen. The period must be at least 5 years. With respect to
the Variable Account only, this Option 2 is not available until 3 years after
the last premium payment is made for this contract, and you may at any time
choose to receive in a lump sum the present value of the remaining payments
commuted at 6.5% interest.

*12.3 OPTION 3 - LIFE ANNUITY: Payments will be made for the life
of the Annuitant. Payments will cease with the last payment due prior to the
Annuitant's death.

*12.4 OPTION 4 - LIFE ANNUITY WITH PAYMENTS GUARANTEED FOR 10 or 20
YEARS: Payments will be made for the guaranteed period chose (10 or 20 years)
and as long thereafter as the Annuitant lives.

12.5 OPTION 5 - LIFE WITH GUARANTEED RETURN OF FIXED ACCOUNT VALUE:
Payments will be made until the sum of the annuity payments equals the Fixed
Account value at the annuity date, and as long thereafter as the Annuitant
lives.

*12.6 OPTION 6 - JOINT AND SURVIVOR LIFE ANNUITY: Payments will be
made during the lifetimes of the Annuitant and a designated second person. The
amount of such payments will not change by reason of the death of the first
joint annuitant to die.

12.7 OPTION 7 - QUALIFIED PLAN OPTION: This option is available
only for Qualified Plans. Annuity payments may be based on (a) the life
expectancy of the Annuitant, (b) the joint life expectancy of the Annuitant and
his or her spouse, or (c) the life expectancy of the surviving spouse if the
Annuitant dies before the annuity date. Payments will be made annually. Each
annual payment will be qual to your fixed Account value on that January 1
divided by the applicable current life expectancy, as

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17
defined by Internal Revenue Service regulations. Each subsequent payment will
be made on the anniversary of the annuity date. Interest will be credited at
our current rate for this option. The rate will not be less than 4%. On death
of the measuring life or lives prior to full distribution of the Fixed Account
value, the remaining Fixed Account value will be paid to the beneficiary in a
lump sum.

12.8 DEATH OF ANNUITANT: On death of the Annuitant while
guaranteed amounts remain unpaid under Option 1, 2, 4 or 5, the beneficiary may
choose either:

(a) To have the payments continued for the amount or
period guaranteed; or

(b) To receive the present value of the remaining
guaranteed payments in a lump sum.

If a beneficiary dies while guaranteed amounts remain unpaid, the present value
will be paid in a lump sum to the beneficiary's estate.

Present values will be computed at the interest rate that was used to compute
the amount of the initial annuity payment.

12.9 PAYMENT: Except for Option 7, payment will be made on the
first day of each month starting with the annuity date, but prior to the
annuity date you may choose a less frequent payment interval instead. The
amount of each payment on an annual, semiannual or quarterly basis will be not
less than the monthly payment computed from the annuity tables in this contract
multiplied by the appropriate factor:

Annual Semiannual Quarterly
------ ---------- ---------

11,787 5.951 2.990

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18
13. ANNUITY OPTION TABLES

MINIMUM FIRST MONTHLY ANNUITY PAYMENT FOR EACH $1,000 APPLIED UNDER OPTION
OPTION 2 (Payments for a Fixed Period)
------------------------------------------------------------------------------------------------
Years Each Years Each Years Each
Payable Payment Payable Payment Payable Payment
------------------------------------------------------------------------------------------------

6 15.56 11 9.31 16 7.00
7 13.59 12 8.69 17 6.71
8 12.12 13 8.17 18 6.44
9 10.97 14 7.72 19 6.21
10 10.06 15 7.34 20 6.00
------------------------------------------------------------------------------------------------

56 5.39 5.29 5.00 5.13 56 4.92 4.87 4.73 4.77
57 5.49 5.38 5.06 5.21 57 5.00 4.95 4.79 4.85
58 5.61 5.48 5.12 5.30 58 5.09 5.03 4.85 4.92
59 5.73 5.59 5.18 5.40 59 5.19 5.12 4.91 5.00
60 5.86 5.70 5.24 5.50 60 5.29 5.22 4.98 5.09

61 6.00 5.82 5.31 5.60 61 5.40 5.32 5.05 5.18
62 6.15 5.95 5.37 5.72 62 5.52 5.42 5.11 5.27
63 6.32 6.08 5.43 5.83 63 5.65 5.53 5.18 5.37
64 6.49 6.21 5.48 5.96 64 5.78 5.65 5.25 5.48
65 6.68 6.35 5.54 6.09 65 5.92 5.77 5.32 5.59
66 6.88 8.50 5.59 6.23 66 6.08 5.90 5.39 5.71
67 7.09 6.65 5.64 6.38 67 6.24 6.04 5.45 5.83
68 7.31 6.81 5.69 6.53 68 6.42 6.19 5.51 5.97
69 7.56 6.97 5.73 6.69 69 6.61 6.34 5.58 6.11
70 7.82 7.14 5.77 6.86 70 6.81 6.50 5.63 6.26
71 8.09 7.31 5.81 7.04 71 7.04 6.67 5.69 6.42
72 8.39 7.48 5.84 7.23 72 7.28 6.84 5.73 6.59
73 9.71 7.65 5.87 7.43 73 7.54 7.02 5.78 6.77
74 9.05 7.83 5.89 7.64 74 7.83 7.21 5.82 6.97
75 9.41 8.00 5.91 7.86 75 8.14 7.40 5.85 7.17

76 9.81 8.17 5.93 8.10 76 8.47 7.60 5.88 7.39
77 10.23 8.34 5.95 8.34 77 8.83 7.80 5.91 7.62
78 10.68 8.50 5.96 8.60 78 9.23 7.99 5.93 7.86
79 11.16 8.66 5.97 8.87 79 9.65 8.19 5.94 8.13
80 11.68 8.81 5.98 9.16 80 10.12 8.38 5.96 8.40

81 12.23 8.95 5.99 9.45 81 10.62 8.57 5.97 8.69
82 12.81 9.09 5.99 9.76 82 11.16 8.74 5.98 9.01
83 13.44 9.21 5.99 10.09 83 11.76 8.91 5.99 9.34
84 14.09 9.32 6.00 10.44 84 12.39 9.06 5.99 9.68
85 14.79 9.43 6.00 10.78 85 13.08 9.21 6.00 10.04
--------------------------------------------------------------------------------------------------------------------------

OPTION 6 (Joint and Survivor Life Annuity)
-----------------------------------------------------------------------------------------------------------------------------
*Adjusted *Adjusted Male Age *Adjusted
Female --------------------------------------------------------------------------------------------------- Female
Age 50 55 60 65 70 75 80 85 Age
-----------------------------------------------------------------------------------------------------------------------------

50 4.19 4.27 4.34 4.39 4.43 4.45 4.47 4.48 50
55 4.32 4.45 4.55 4.64 4.71 4.76 4.79 4.81 55
60 4.45 4.62 4.79 4.94 5.06 5.14 5.20 5.24 60
65 4.56 4.79 5.03 5.27 5.47 5.63 5.74 5.82 65

70 4.65 4.94 5.27 5.61 5.94 6.22 6.44 6.59 70
75 4.73 5.06 5.46 5.93 6.43 6.90 7.31 7.61 75
80 4.78 5.15 5.62 6.20 6.87 7.60 8.30 8.89 80
85 4.81 5.21 5.72 6.39 7.23 8.22 9.29 10.32 85
-----------------------------------------------------------------------------------------------------------------------------

Information for ages not shown will be furnished on request.
*"Adjusted Age" means attained age at last birthday adjusted as follows:

Annuity Date Adjusted Age
------------ ------------

Before 1990 Actual age
1990 - 1999 Subtract 1 year from actual age
2000 - 2009 Subtract 2 years from actual age
2010 - 2019 Subtract 3 years from actual age
2020 - 2029 Subtract 4 years from actual
2030 and after Subtract 5 years from actual age

- 16 -
19
Family Life Insurance Company
Park Place, Xxxxxxx, Xxxxxxxxxx 00000

Individual Variable Annuity Contract
Flexible Premiums - Nonparticipating

- 17 -

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