1 EXHIBIT 4 Anchor National Life Insurance Company A STOCK COMPANY LOS ANGELES, CALIFORNIA CERTIFICATE NUMBER P9999999999 PARTICIPANT JOHN DOE EXECUTIVE OFFICE ANNUITY SERVICE CENTER 1 SUNAMERICA CENTER P.O. BOX 54299 CENTURY CITY LOS ANGELES, CA...

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                                                                       EXHIBIT 4

                     Anchor National Life Insurance Company
                 A STOCK COMPANY       LOS ANGELES, CALIFORNIA

CERTIFICATE NUMBER        P9999999999

PARTICIPANT               XXXX XXX

EXECUTIVE OFFICE                                      ANNUITY SERVICE CENTER
0 XXXXXXXXXX XXXXXX                                   P.O. BOX 54299
CENTURY CITY                                          LOS ANGELES, CA 90054-0299
LOS ANGELES, CA 90067

ANCHOR NATIONAL LIFE INSURANCE COMPANY ("We", "Us" or the "Company" or "Anchor
National") agrees to provide benefits to the Participant in the Group Contract,
subject to the provisions set forth in this Certificate and in consideration of
the Participant's Enrollment Form and Purchase Payments We receive.

This Certificate is evidence of coverage under the Group Contract if a
Participant Enrollment Form is attached.  The coverage will begin as of the
Certificate Date, shown on the Certificate Data Page.

The value of amounts allocated to the Separate Account during the accumulation
and annuity periods is not guaranteed, and will increase or decrease based upon
the investment experience of the Fund underlying the Separate Account.  The
value of the cash surrender benefit increases or decreases based on the
application of the Market Value Adjustment.  The unadjusted cash surrender
benefit is available for 30 days after the end of the Guarantee Period.

TEN DAY RIGHT TO EXAMINE CERTIFICATE - You may return this Certificate to Our
Annuity Service Center within 10 days after You receive it. The Company will
refund the Certificate Value for the valuation period in which the Certificate
is received.  Upon such refund, the Certificate shall be void. 

                 THIS IS A LEGAL CONTRACT.  READ IT CAREFULLY.


    /s/ XXXXX X. XXXXXX                     /s/ XXX XXXXX
    ----------------------                  ----------------------
    Xxxxx X. Xxxxxx                         Xxx Xxxxx
    Secretary                               President


                              ALLOCATED FIXED AND
                       VARIABLE GROUP ANNUITY CERTIFICATE

                                Nonparticipating
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                               TABLE OF CONTENTS


                                                                      
Certificate Data Page                                                    Page 3

Definitions                                                              Page 5

General Provisions                                                       Page 8
Conformity With State Laws; Changes in Law; Assignment; Misstatement
of Age or Sex; Written Notice; Proof of Age, Sex or Survival;
Non-Participating; Periodic Reports; Premium Taxes; Death of
Annuitant; Change of Annuitant; Deferment of Payments; Suspension of
Payments; Purchase Payments; Substitution of Fund; Separate Account

Accumulation Provisions                                                  Page 11
Separate Account Accumulation Value; Number of Accumulation Units;
Accumulation Unit Value (AUV); Fixed Account Accumulation Value; Fixed
Account Guarantee Period Options; Market Value Adjustment

Charges and Deductions                                                   Page 13
Expense Risk Charge; Distribution Expense Charge; Mortality Risk
Charge

Transfer Provision                                                       Page 14
Transfers of Accumulation Units Between Variable Accounts; Transfers
of Accumulation Units To and From the Fixed Account

Withdrawal Provision                                                     Page 15

Death Benefit Provision                                                  Page 16
Proof of Death; Amount of Death Benefit; Death of Participant or
Annuitant On Or After the Annuity Date; Death of Participant Before
the Annuity Date; Non- Natural Participant; Beneficiary

Annuity Provisions                                                       Page 18
Annuity Date; Payments to Participant; Fixed Annuity Payments; Amount
of Fixed Annuity Payments; Amount of Variable Annuity Payments

Annuity Options                                                          Page 20

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                             Certificate Data Page


Certificate Number                                    Annuity Service Center:
       P9999999999                                    P.O. BOX 54299
                                                      LOS ANGELES, CA 90054-0299

Participant:
       XXXX XXX

Annuitant:
       XXXX XXX

Beneficiary:                                          Date of Issue:
                                                      DECEMBER 09, 1992

Annuity Date:                                         First Purchase Price
       SEPTEMBER 01, 2048                             $75,000.00

Age at Issue:                                         Fixed Account -
       35                                             Subsequent Guarantee Rate:
                                                      (3.0%)

Funds Underlying Variable
Separate Account:
MUTUAL FUND VARIABLE
ANNUITY TRUST                                         For Inquiries Call:
                                                      (000) 000-0000

Separate Accounts:
       VARIABLE ANNUITY ACCOUNT  TWO-T


MARKET VALUE ADJUSTMENT
All payments and values based on the Fixed Account are subject to a Market Value
Adjustment formula, the operation of which may result in upward and downward
adjustments in amounts payable.  The Market Value Adjustment formula will not be
applied:

(1)  for the payment of the Death Benefit,
(2)  for the amounts withdrawn to pay fees or charges,
(3)  for amounts withdrawn within 30 days after the end of the Guarantee Period,
(4)  for annuitizations on the latest Annuity Date,
(5)  for amounts withdrawn from a one year Guarantee Period
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                          PURCHASE PAYMENT ALLOCATION



Variable Account Options                                   Fixed Account Options

Mutual Fund Variable                                       Guarantee
Annuity Trust                                              Period
                                                        
100.00%   International Equity                             0.00%  1 Year Fixed
0.00%     Capital Growth                                   0.00%  3 Year Fixed
0.00%     Growth and Income                                0.00%  5 Year Fixed
0.00%     Asset Allocation                                 0.00%  7 Year Fixed
0.00%     U.S. Treasury Income                             0.00%  10 Year Fixed
0.00%     Money Market

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                                  DEFINITIONS


ACCUMULATION UNIT
A unit of measurement used to compute the Certificate Value in a Variable
Account prior to the Annuity Date.

ANNUITANT
The natural person on whose life the annuity benefit for the Certificate is
based.

ANNUITY DATE
The date on which annuity payments to the Payee are to start.  The latest
possible Annuity Date will be set by Us.

ANNUITY SERVICE CENTER
As specified on the Certificate Data Page.

ANNUITY UNIT
A unit of measurement used to compute annuity payments in a Separate Account.

AUTOMATIC DOLLAR COST AVERAGING PROGRAM
A program under which the Participant may authorize the automatic transfer of a
fixed dollar amount of his or her choice at regular intervals from a source
account to one or more portfolios (other than the source account) at the unit
values determined on the dates of transfers.  The Company reserves the right to
change the terms and conditions.

CERTIFICATE
This form which describes Your interest in the Group Contract.

CERTIFICATE DATE
The date Your Certificate is issued, shown on the Certificate Data Page.

CERTIFICATE VALUE
The sum of Your share of the Variable Accounts' Accumulation Values and Fixed
Account Accumulation Values.

CERTIFICATE YEAR
A year starting from the Certificate Date in one calendar year and ending on
the Certificate Date in the succeeding calendar year.

CURRENT INTEREST RATE
The sum of the Subsequent Guarantee Rate and the Excess Interest Rate
declared by Us for any Guarantee Period.

DEFERRED ANNUITY
An annuity contract under which the start of annuity payments is deferred to
a future date.

EXCESS INTEREST RATE
A rate of interest declared by Us in excess of the Subsequent Guarantee Rate
for any Guarantee Period.

FIXED ANNUITY
A series of periodic payments for the benefit of the Participant of
predetermined amounts that do not vary with investment experience.  Such
payments are made out of the general account assets of the Company.

FIXED ACCOUNT
The Fixed Account is the Company's general asset account.  It contains all of
the assets of the Company except for the Separate Account and other
segregated asset accounts.  Amounts in the Fixed Account are guaranteed by
the Company.

FUND
A collective term used to represent an investment entity, a portfolio of
which may be selected by the Participant to be an underlying investment of
the Participant's Certificate.

GUARANTEE PERIOD
The period for which the Current Interest Rate is credited.
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IRC
The Internal Revenue Code of 1986, as amended, as the same may be amended or
superseded.

PARTICIPANT
The person named in the Certificate who is entitled to exercise all rights
and privileges of ownership under the Certificate.

PAYEE
Any person receiving payment of annuity benefits under this Certificate during
the Annuity Period.

PORTFOLIO
A separate investment portfolio of a Fund which has distinct investment
objectives.  Each Portfolio serves as an underlying investment medium for
Purchase Payments and allocations made to one of the Variable Accounts of the
Separate Account.

PURCHASE PAYMENTS
Payments made by or on behalf of the Participant to the Company for the
Certificate.

SEPARATE ACCOUNT
A segregated asset account named on the Certificate Data Page, established by
the Company in accordance with California law.  The Separate Account consists of
several Variable Accounts, each investing in a Portfolio of a Fund.  The
Prospectus should be read for complete details regarding Separate Account
contracts.

SUBSEQUENT GUARANTEE RATE
The rate of interest established by the Company for the applicable subsequent
Guarantee Period, but in no event less than the rate specified on the
Certificate Data Page.

VALUATION PERIOD
The period beginning at the close of  the New York Stock Exchange on each day
that the New York Stock Exchange is open for regular trading and ending at the
close of the next succeeding business day of the New York Stock Exchange.

VARIABLE ACCOUNT
A division of the Separate Account, the assets of which consist of shares of a
specified Portfolio of a Fund.  The available Variable Accounts are shown on the
Certificate Data Page.

VARIABLE ANNUITY
A series of periodic payments which vary in amount according to the investment
experience of a one or more Variable Accounts.

WE, OUR, US, THE COMPANY
Anchor National Life Insurance Company.

YOU, YOUR
The Participant.
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                               GENERAL PROVISIONS


CONFORMITY WITH STATE LAWS
This Certificate will be interpreted under the law of the state in which it is
delivered.  Any provision which, on the Certificate Date, is in conflict with
the law of such state is amended to conform to the minimum requirements of such
law.

CHANGES IN LAW
If laws governing this Certificate or the taxation of benefits under the
Certificate change, We will amend the Group Contract and this Certificate to
comply with these changes.

ASSIGNMENT
The Participant may assign this Certificate before the Annuity Date, but We will
not be bound by an assignment unless it is in writing and We have received it.
Participant's rights and those of any other person referred to in this
Certificate will be subject to the assignment.  We assume no responsibility for
the validity or tax consequences of any assignment.

MISSTATEMENT OF AGE OR SEX
If the age or sex of any Annuitant has been misstated, future payments will be
adjusted using the correct age and sex, according to Our rates in effect on the
date that annuity payments were determined.  Any overpayment from the Fixed
Account, plus interest at the rate of 4% per year, will be deducted from the
next payment(s) due.  Any underpayment from the Fixed Account, plus interest at
the rate of 4% per year, will be paid in full with the next payment due.  Any
overpayment from the Variable Accounts will be deducted from the next payment(s)
due.  Any underpayment from the Variable Accounts will be paid in full with the
next payment due.

WRITTEN NOTICE
Any notice We send to the Participant will be sent to the Participant's address
shown in the Application unless the Participant requests otherwise. Any written
request or notice to Us must be sent to Our Annuity Service Center, as specified
on  the Certificate Data Page.

PROOF OF AGE, SEX OR SURVIVAL
The Company may require satisfactory proof of correct age or sex at any time. If
any payment under this Certificate depends on the Annuitant being alive, the
Company may require satisfactory proof of survival.

NON-PARTICIPATING
This Certificate does not share in Our surplus.

PERIODIC REPORTS
The Company will furnish the Participant with a statement of the Variable and
Fixed Account balances periodically.

PREMIUM TAXES
The Company may deduct from the Certificate Value any premium or other taxes
payable to a state or other government entity.  Should We advance any amount so
due, We are not waiving any right to collect such amounts at a later date. The
Company will deduct any withholding taxes required by applicable law.

DEATH OF ANNUITANT
If the Participant and Annuitant are different and the Annuitant dies before the
Annuity Date, the Participant becomes the Annuitant until such time as the
Participant elects a new Annuitant.  The preceding sentence shall not apply if
the Participant is not an individual.

CHANGE OF ANNUITANT
The Participant may change the Annuitant at any time prior to the Annuity Date.
If the Participant is not an individual, the Participant  may not change the
Annuitant at any time.

DEFERMENT OF PAYMENTS
We may defer making payments from the Fixed Account for up to 6 months.
Interest, subject to state requirements, will be credited during the deferral
period.
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SUSPENSION OF PAYMENTS
We may suspend or postpone any payments from the Variable Accounts if any of the
following occur:

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

PURCHASE PAYMENTS
Purchase Payments are flexible.  This means that You, subject to Company
declared minimums and maximums, may change the amounts, frequency or timing of
Purchase Payments.  Purchase Payments may be allocated to the Fixed Account and
one or more Variable Accounts in accordance with instructions from You.  We
reserve the right to specify the minimum that may be allocated to a Variable
Account under the Certificate.

SUBSTITUTION OF FUND
If the shares of any of the Funds or any Portfolio of a Fund should no longer be
available for investment by the Separate Account or if, in the judgment of the
Company's Board of Directors, further investment in the shares of a Fund is no
longer appropriate in view of the purpose of the contract, the Company may
substitute shares of another mutual fund or separate investment series thereof,
for Fund shares already purchased or to be purchased in the future by Purchase
Payments under the contract.  No substitution of securities may take place
without prior approval of the Securities and Exchange Commission and under such
requirements as  it may impose.

SEPARATE ACCOUNT
The Separate Account is a separate investment account of the Company.  It is
shown on the Certificate Data Page.  The assets of the Separate Account are the
property of the Company.   However, they are not chargeable with the liabilities
arising out of any other business the Company may conduct.  Each Variable
Account is not chargeable with liabilities arising out of any other Variable
Account.


                            ACCUMULATION PROVISIONS


SEPARATE ACCOUNT ACCUMULATION VALUE
The Separate Account Accumulation Value under the Certificate shall be the sum
of the values of the Accumulation Units held in the Variable Accounts for the
Participant.

NUMBER OF ACCUMULATION UNITS
For each Variable Account, the number of Accumulation Units is the sum of:

Each Purchase Payment and transfer allocated to the Variable Account, reduced by
applicable premium taxes, if any:

Divided by

The Accumulation Unit Value for that Variable Account as of the Valuation Period
in which the Purchase Payment or transfer amount is received.

The number of Accumulation Units will be similarly adjusted for withdrawals,
annuitizations, transfers, and charges.  Adjustments will be made as of the end
of the Valuation Period in which We receive all requirements for the
transaction, as appropriate.

ACCUMULATION UNIT VALUE (AUV)
The AUV of a Variable Account for any Valuation Period is calculated by
subtracting (2) from (1) and dividing the result by (3) where:

(1)    is the total value at the end of the given Valuation Period of the
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       assets attributable to the Accumulation Units of the Variable Account
       minus the total liabilities;
(2)    is the cumulative unpaid charge for assumption of mortality expense and
       distribution expense risks (See CHARGES AND DEDUCTIONS);
(3)    is the number of Accumulation Units outstanding at the end of the given
       Valuation Period.

FIXED ACCOUNT ACCUMULATION VALUE
Under a Certificate, the Fixed Account Accumulation Value shall be the sum of
all monies allocated or transferred to the Fixed Account, reduced by any
applicable premium taxes, plus all interest credited on the Fixed Account during
the period that the Certificate has been in effect.  This amount shall be
adjusted for withdrawals, annuitizations, transfers, and charges.

FIXED ACCOUNT GUARANTEE PERIOD OPTIONS
For any amounts allocated to the Fixed Account, the Participant will select the
duration of the Guarantee Period(s) from those listed on the Certificate Data
Page.  Such amounts will earn interest at the Current Interest Rate for the
chosen duration, compounded annually during the entire Guarantee Period. In no
event will the Current Interest Rate be less than the Subsequent Guarantee Rate
specified on the Certificate Data Page.

You may allocate Purchase Payments, or make transfers from the Variable Account
Options, to the Fixed Account at any time prior to the Annuity Date. However, no
Guarantee Period other than one year may be chosen which extends beyond the
Annuity Date.  For thirty (30) days following the date of expiration of the
current Guarantee Period, You may renew for the same or any other Guarantee
Period at the then Current Interest Rate or may transfer all or a portion of the
amount to the Variable Accounts.  Transfers from the Fixed Account for Guarantee
Periods greater than one year may take place thirty (30) days following the end
of a Guarantee Period without being subject to a Market Value Adjustment (MVA).
Transfers from the Fixed Account from a one year Guarantee Period are not
subject to a Market Value Adjustment (MVA).

If the Participant does not specify a Guarantee Period at the time of renewal,
We will select the same Guarantee Period as has just expired, so long as such
Guarantee Period does not extend beyond the Annuity Date.  If a renewal occurs
within one year of the latest Annuity Date We will credit interest up to the
Annuity Date at the then Current Interest Rate for the one year Guarantee
Period.

MARKET VALUE ADJUSTMENT
Any amount withdrawn, transferred or annuitized prior to the end of that
Guarantee Period may be subject to a MVA. The MVA will be calculated by
multiplying the amount withdrawn, transferred or annuitized by the formula
described below:

                    [(1 + I)/(1+J+0.0050)] - N/12 - 1

I = The interest rate currently in effect for that Guarantee Period.

J = The Current Interest Rate available for the Guarantee Period equal to the
number of years (rounded up to an integer) remaining in the current Guarantee
Period at the time of withdrawal, transfer or annuitization.  In the
determination of J, if the Company currently does not offer the applicable
Guarantee Period, then the rate will be determined by linear interpolation of
the current rates for the nearest two Guarantee Periods that are available.

N = The number of full months remaining in the current Guarantee Period at the
time the withdrawal or annuitization request is processed.

There will be no Market Value Adjustment on withdrawals from the Fixed Account
in the following situations: (1) Death Benefit paid upon death of the
Participant;  (2) amounts withdrawn to pay fees or charges;   (3)  amounts
withdrawn from the Fixed Account within thirty (30) days after the end of the
Guarantee Period; (4) annuitizations on the latest Annuity Date; (5) amounts
withdrawn with a one year Guarantee Period.


                             CHARGES AND DEDUCTIONS
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We will deduct the following charges from the Certificate:

EXPENSE RISK CHARGE
On an annual basis this charge equals 0.25% of the average daily total net asset
value of the Variable Accounts.  This charge is to compensate Us for assuming
the expense risks under the Certificate.

DISTRIBUTION EXPENSE CHARGE
On an annual basis this charge equals 0.15% of the average daily total net asset
value of the Variable Accounts.  This charge is to compensate Us for all
distribution expenses associated with the Certificate.

MORTALITY RISK CHARGE
On an annual basis this charge equals 0.55% of the average daily total net asset
value of the Variable Accounts.  This charge is to compensate Us for assuming
the mortality risks under the Certificate.


                               TRANSFER PROVISION


Prior to the Annuity Date, You may transfer all or part of Your Certificate
Value to any of the Variable Accounts or the Fixed Account, subject to certain
restrictions.

We reserve the right to charge a fee for transfers if the number of transfers
exceeds the limit specified by Us.

Transfers will be effected at the end of the Valuation Period in which We
receive Your request for the transfer.

TRANSFERS OF ACCUMULATION UNITS BETWEEN VARIABLE ACCOUNTS
Both prior to and after the Annuity Date, You may transfer all or a portion of
Your investment in one Variable Account to another Variable Account.  A transfer
will result in the purchase of Accumulation Units in a Variable Account and the
redemption of Accumulation Units in the other Variable Account.

The minimum amount which can be transferred between Variable Accounts and the
amount that can remain in the Variable Account is subject to Company limits.

TRANSFERS OF ACCUMULATION UNITS TO AND FROM THE FIXED ACCOUNT
Both prior to and after the Annuity Date, You may transfer all or any part of
the Certificate Value from the Variable Account(s) to the Fixed Account of the
Certificate.  After the Annuity Date no transfers from the Fixed Account to the
Variable Account are allowed.  For transfers from the Fixed Account prior to the
Annuity Date see ACCUMULATION  PROVISIONS - FIXED ACCOUNT ACCUMULATION VALUE.

During the Annuity Period, the amount transferred to the Fixed Account from a
Variable Account will be equal to the annuity reserve for the Payee's interest
in that Variable Account.  The annuity reserve is the product of (a) multiplied
by (b) multiplied by (c), where

(a)    is the number of Annuity Units representing the Participant's interest
       in the Variable Account;
(b)    is the Annuity Unit Value for the Variable Account; and
(c)    is the present value of $1.00 per payment period as of the age of the
       Annuitant at the  time of transfer for the Annuity Option, determined
       using the 1983a Annuity Mortality Tables with interest at 3.5% per year.

Xxxxxxx transferred to the Fixed Account will be applied under the Annuity
Option at the age of the Annuitant at the time of the transfer.  All amounts and
Annuity Unit Values will be determined as of the end of the Valuation Period
preceding the effective date of the transfer.



                              WITHDRAWAL PROVISION
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Prior to the Annuity Date while the Annuitant is living, You may withdraw all or
part of the Certificate Value amounts under this Certificate by informing Us at
Our Annuity Service Center.  For full withdrawal, this Certificate must be
returned to Our Annuity Service Center.

Absent written notification to the contrary, withdrawals and any applicable
charge will be deducted from the Certificate Value in proportion to its
allocation among the Fixed Account and the Variable Accounts.  Withdrawals will
be based on values at the end of the valuation Period in which the request for
withdrawal and the Certificate (in the case of a full withdrawal), are received
at the Annuity Service Center.  Unless the SUSPENSION OF PAYMENTS or DEFERMENT
OF PAYMENTS sections are in effect, payment of withdrawals will be made within
seven days.


                            DEATH BENEFIT PROVISION


We will pay a Death Benefit to the Beneficiary upon Our receiving due proof that
the Participant died prior to the Annuity Date.  The Death Benefit shall be
reduced by premium taxes incurred by the Company, if any.  The Beneficiary may
elect to receive a single sum distribution or to receive annuity payments.  If a
single sum payment is requested, payment will be in accordance with any
applicable laws and regulations governing payments on death.  If an Annuity
Option is desired, an Option must be elected within 60 days of Our receipt of
due proof of the Participant's death at Our Annuity Service Center; otherwise a
single sum payment will be made at the end of such 60 day period.  Funds will
remain allocated pursuant to the last allocation and instructions in effect at
the Participant's death until Our Annuity Service Center receives new written
instructions.

PROOF OF DEATH
Due Proof of Death means:

1.     a certified copy of a death certificate; OR
2.     a certified copy of a decree of a court of competent jurisdiction as to
       the finding of death; OR
3.     a written statement by a medical doctor who attended the deceased
       Participant at the time of death; OR
4.     any other proof satisfactory to Us.

AMOUNT OF DEATH BENEFIT
The Death Benefit shall be the Certificate Value at the end of the Valuation
Period during which We receive at Our Annuity Service Center due proof of the
Participant's death and an election of the type of payment to be made.

DEATH OF PARTICIPANT OR ANNUITANT ON OR AFTER THE ANNUITY DATE
If the Participant or Annuitant dies on or after the Annuity Date and before the
entire interest in the contract has been distributed, We will pay the remaining
portion of the interest in the contract, at least as rapidly as under the method
of payment being used on the date of death.

DEATH OF PARTICIPANT BEFORE THE ANNUITY DATE
We will pay the Death Benefit to the Beneficiary upon Our receiving due proof
that the Participant died before the Annuity Date and an election form as to the
Settlement Option to be elected.  The Beneficiary must select one of the
following options:

1.     Immediately collect the Death Benefit in a lump sum payment.  If a lump
sum payment is elected, payment will be in accordance with any applicable laws
and regulations governing payments and death.  If no election is received within
60 days of Our Annuity Service Center, a lump sum payment will be automatically
elected, Or

2.     Collect the Death Benefit in the form of one of the Annuity Options. The
payments must be over the life of the Beneficiary or over a period not extending
beyond the life expectancy of the Beneficiary.  This option must be elected
within 60 days of Our receipt of Due Proof of Death at Our Annuity Service
Center and payment must commence within one year after the Participant's death.
Otherwise, a lump sum payment will be made at the end of such 60 day period, Or
   12
3.     If the Beneficiary is the Participant's spouse, the Beneficiary may elect
to become the Participant and continue the contract in force.  Upon the new
Participant's subsequent death, the entire proceeds must be distributed
immediately.

Unless Option 2 or 3 applies, the entire interest in the contract must be
distributed within 5 years of the Participant's death.  In no event will payment
of the Death Benefit be deferred for a period which exceeds the requirements of
IRC Code section 72(s).

NON-NATURAL PARTICIPANT
If the Participant is not an individual, the death of the Annuitant will be
treated as the death of the Participant and the Death Benefit will be paid as
described in this section.

BENEFICIARY
The Beneficiary is as stated in the Application unless later changed by the
Participant.  While the Participant is living and before the Annuity Date, the
Participant may change the Beneficiary by written notice in a form satisfactory
to Us.  The change will take effect in the date We receive the proper notice
subject to any payments We have made.  If two or more persons are named, those
surviving the Participant will share equally unless otherwise stated, and the
Beneficiaries must elect to receive their respective portions of the Death
Benefit according to Option 1, 2 or 3 above. If the Annuitant survives the
Participant, and there are no surviving Beneficiaries, the Annuitant will be
deemed the Beneficiary.  If the Participant is also the Annuitant and there are
no surviving Beneficiaries at the death of the Participant, the Death Benefit
will be paid to the estate of the Participant in accordance with Option 1 above.


                               ANNUITY PROVISIONS


ANNUITY DATE
The Participant selects an Annuity Date (the date on which the payments are to
begin) at the time of application.  The Annuity Date must always be the first
day of the calendar month and must be at least two years after the Issue Date,
but in any event will be no later than the Latest Annuity Date. Annuity payments
will begin no later than the latest Annuity Date, as set by the Company. If no
Annuity Date is selected, the Annuity Date will be the latest Annuity Date, as
set by the Company.  The Participant may change the Annuity Date at any time at
least seven days prior to the Annuity Date then indicated on the Company's
records by written notice to the Company at its Annuity Service Center.

PAYMENTS TO PARTICIPANT
Unless otherwise requested by the Participant, the Company will make annuity
payments to the Participant.  If the Participant wants the annuity payments to
be made to some other Payee, We will make such payments subject to the
following:

(a)    A written request must be filed at the Annuity Service Center.
(b)    Such request must be filed not later than thirty (30) days before the due
       date of the first annuity payment.

Any such request is subject to the rights of any assignee.  No payments
available to or being paid to the Payee while the Annuitant is alive can be
transferred, commuted, anticipated or encumbered.

FIXED ANNUITY PAYMENTS
To the extent a fixed annuity option has been elected, the proceeds payable
under this Certificate less any applicable premium taxes, shall be applied to
the payment of the Annuity Option elected at whichever of the following is more
favorable to the Payee:  (a)  the annuity rates based upon the applicable tables
in the Certificate; or (b) the then current rates provided by the Company on
Certificates of this type on the Annuity Date.  In no event will the fixed
annuity payments be changed once they begin.

AMOUNT OF FIXED ANNUITY PAYMENTS
The amount of each Fixed Annuity payment will be determined by applying the
portion of the Certificate Value allocated to Fixed Annuity payments less any
   13
applicable premium taxes or other charges to the annuity table applicable to the
Annuity Option chosen.

AMOUNT OF VARIABLE ANNUITY PAYMENTS
(a)    FIRST VARIABLE PAYMENT:  The dollar amount of the first monthly annuity
payment will be determined by applying the portion of the Certificate Value
allocated to Variable Annuity payments, less any applicable premium taxes or
other charges, to the annuity table applicable to the Annuity Option chosen.  If
more than one Variable Account has been selected, the value of the Participant's
interest in each Variable Account is applied separately to the annuity table to
determine the amount of the first annuity payment attributable to the Variable
Account.

(b)    NUMBER OF VARIABLE ANNUITY UNITS: The number of Annuity Units for each
applicable Variable Account is the amount of the first annuity payment
attributable to that Variable Account divided by the value of the applicable
Annuity Unit for that Variable Account as of the Annuity Date.  The number will
not change as a result of investment experience.

(c)    VALUE OF EACH VARIABLE ANNUITY UNIT:  The initial value of an Annuity
Unit of each Variable Account was arbitrarily set at $10 when the Variable
Accounts were established.  The value may increase or decrease from one
Valuation Period to the next.  For any Valuation Period, the value of an Annuity
Unit of a particular Variable Account is the value of that Annuity Unit during
the last Valuation Period, multiplied by the Net Investment Factor for that
Variable Account for the current Valuation Period.

The Net Investment Factor for any Variable Account for any Valuation Period is
determined by dividing (a) by (b) and then subtracting (c) from the result
where:

       (a)     is the net result of:

               (1)     the net asset value of a Portfolio of the Fund share held
                       in the Variable Account determined as of the end of the
                       Valuation Period, plus

               (2)     the per share amount of a dividend or other distribution
                       declared by the Portfolio of the Fund on the shares held
                       in the Variable Account if the "ex- dividend" date occurs
                       during the Valuation Period, plus or minus

               (3)     a per share credit or charge with respect to any taxes
                       paid or reserved for by the Company during the Valuation
                       Period which are determined by the Company to be
                       attributable to the operation of the Variable Account (no
                       federal income taxes are applicable under present law);

       (b)     is the net asset value of a Portfolio of the Fund share held in
               the Variable Account determined as of the end of the preceding
               Valuation Period; and

       (c)     is the asset charge factor determined by the Company for the
               Valuation Period to reflect the Expense Risk Charge, Distribution
               Expense Charge and Mortality Risk Charge.

The result is then multiplied by a factor that neutralizes the Assumed
Investment Rate.

(d)    SUBSEQUENT VARIABLE ANNUITY PAYMENTS:  After the first Variable Annuity
payment, payments will vary in amount according to the investment performance of
the applicable Variable Accounts.  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 Variable Account as determined for the
first annuity payment

Multiplied by

The value of an Annuity Unit for that Variable Account at the end of the
   14
Valuation Period immediately preceding in which payment is due.

The Company guarantees that the amount of each Variable Annuity payment will not
be affected by variations in expenses or mortality experience.


                                ANNUITY OPTIONS


Upon written election filed with the Company at its Annuity Service Center, all
or part of the Certificate Value may be applied to provide one of the following
options or any Annuity Option that is mutually agreeable.  If Annuity Option is
elected, the Payee will automatically receive Option 4 (Life Annuity with 120
monthly payments. )

OPTION 1 - LIFE ANNUITY, LIFETIME MONTHLY PAYMENTS GUARANTEED
Monthly payments payable to the Payee during the lifetime of the Annuitant. No
further payments are payable after the death of the Annuitant and there is no
provision for a Death Benefit payable to the Beneficiary.

OPTION 2 - JOINT AND SURVIVOR LIFE ANNUITY
Monthly payments payable to the Payee during the joint lifetime of the Annuitant
and a designated second person and during the lifetime of the survivor.

If a reduced payment to the survivor is desired, Variable Annuity payments to
the survivor will be determined using either one-half or two-thirds of the
number of each type of Annuity Unit credited to the Certificate.  Fixed monthly
payments to the survivor will be equal to either one-half or two- thirds of the
fixed monthly payment payable during the joint lifetime of the Annuitant and the
designated second person.

OPTION 3 - JOINT AND SURVIVOR LIFE ANNUITY - 120 MONTHLY PAYMENTS GUARANTEED
Monthly payments payable to the Payee during the joint lifetime of the Annuitant
and designated second person and continuing during the remaining lifetime of the
survivor, with the guarantee that if, at the death of the survivor, payments
have been made for less than 120 monthly periods, any remaining guaranteed
annuity payments will be continued to the Beneficiary named on the Annuity
Option Selection Form.  In the event of death of the Annuitant and the
designated second person under this option, the Company shall in most instances,
calculate the discounted value of the remaining guaranteed annuity payments and
pay them in one sum.

OPTION 4 - LIFE ANNUITY WITH 120 OR 240 MONTHLY PAYMENTS GUARANTEED
An annuity payable monthly to the Payee during the lifetime of the Annuitant
with the guarantee that if, at the death of the Annuitant, payments have been
made for less than the 120 or 240 monthly periods, as selected, payments will be
made in the same manner as provided under OPTION 3 above.  In the event of death
of the Annuitant under this option, the Company shall in most instances,
calculate the discounted value of the remaining guaranteed annuity payments and
pay them in one sum.

OPTION 5 - FIXED PAYMENTS FOR A SPECIFIED PERIOD CERTAIN
Fixed monthly payments payable to the Payee for any specified period of time
(five (5) years or more, but not exceeding thirty (30) years), as elected. The
election must be made for full twelve month periods.  In the event of death of
the Payee under this option, the Company shall in most instances, calculate the
discounted value of the remaining guaranteed annuity payments and pay them in
one sum.

BASIS OF COMPUTATION
The actuarial basis for the Table of Guaranteed Annuity Rates is the 1983a
Annuity Mortality Table, without projection with interest at 3.5%.  The Table of
Guaranteed Annuity Rates does not include any applicable premium tax.
   15
            OPTIONS 1 & 4 - TABLE OF MONTHLY INSTALLMENTS PER $1,000
   (Monthly installments for ages not shown will be furnished upon request.)



                Option 1              Option 4                   Option 4
Age of                                Life Annuity               Life Annuity
Payee           Life Annuity          (w/120 payments            (w/240 payments
                                      guaranteed)                guaranteed)

                Male  Female          Male   Female              Male  Female
                                                     
55               4.99   4.54          4.91   4.51                4.66  4.38
56               5.09   4.62          5.00   4.58                4.72  4.44
57               5.20   4.71          5.10   4.66                4.78  4.51
58               5.32   4.80          5.20   4.75                4.85  4.57
59               5.44   4.90          5.31   4.84                4.91  5.64
60               5.57   5.00          5.42   4.93                4.97  4.70
61               5.71   5.11          5.54   5.03                5.04  4.77
62               5.86   5.23          5.67   5.14                5.10  4.84
63               6.02   5.36          5.80   5.25                5.16  4.91
64               6.20   5.49          5.94   5.37                5.22  4.98
65               6.38   5.64          6.08   5.50                5.28  5.05
66               6.58   5.79          6.23   5.63                5.33  5.12
67               6.79   5.95          6.38   5.77                5.38  5.19
68               7.02   6.13          6.54   5.91                5.43  5.25
69               7.26   6.32          6.71   6.07                5.48  5.32
70               7.52   6.53          6.87   6.23                5.52  5.37
71               7.80   6.75          7.04   6.40                5.55  5.43
72               8.09   6.99          7.22   6.58                5.59  5.48
73               8.41   7.26          7.39   6.76                5.62  5.52
74               8.75   7.54          7.57   6.95                5.64  5.56
75               9.12   7.85          7.75   7.14                5.66  5.60
76               9.51   8.18          7.92   7.34                5.68  5.63
77               9.92   8.54          8.09   7.54                5.70  5.66
78              10.37   8.94          8.26   7.74                5.71  5.68
79              10.85   9.36          8.42   7.94                5.72  5.70
80              11.37   9.82          8.57   8.13                5.73  5.71
81              11.92  10.32          8.71   8.32                5.74  5.72
82              12.50  10.87          8.85   8.50                5.74  5.73
83              13.12  11.46          8.97   8.67                5.75  5.74
84              13.78  12.09          9.09   8.83                5.75  5.74
85              14.47  12.78          9.20   8.97                5.75  5.75

   16
                    OPTION 2 - TABLE OF MONTHLY INSTALLMENTS
   (Monthly installments for ages not shown will be furnished upon request.)
                        Joint and Survivor Life Annuity



Age of
Male
Payee                             Age of Female Payee

         55         60         65         70         75         80         85
                                                      
55       4.16       4.34       4.51       4.66       4.78       4.86       4.92
60       4.27       4.51       4.76       4.99       5.19       5.33       5.44
65       4.35       4.66       4.99       5.34       5.66       5.92       6.11
70       4.42       4.78       5.20       5.67       6.16       6.60       6.96
75       4.47       4.86       5.35       5.95       6.63       7.33       7.95
80       4.50       4.92       5.46       6.17       7.04       8.04       9.02
85       4.52       4.95       5.53       6.31       7.34       8.63       10.05



              OPTION 3 - TABLE OF MONTHLY INSTALLMENTS PER $1,000
   (Monthly installments for ages not shown will be furnished upon request.)
         Joint & 100% Survivor Life Annuity (w/120 payments guaranteed)



Age of
Male
Payee                            Age of Female Payee

         55         60         65         70         75         80          85
                                                       
55       4.15       4.34       4.51       4.65       4.76       4.84        4.88
60       4.26       4.51       4.75       4.98       5.16       5.29        5.37
65       4.35       4.65       4.98       5.31       5.61       5.84        5.98
70       4.41       4.76       5.17       5.62       6.07       6.44        6.68
75       4.46       4.84       5.32       5.88       6.48       7.03        7.42
80       4.48       4.89       5.41       6.05       6.79       7.52        8.07
85       4.50       4.92       5.46       6.15       6.99       7.85        8.53



                    OPTION 5 - TABLE OF MONTHLY INSTALLMENTS
                       Fixed Payment For Specified Period



No.          Mo.        No.      Mo.        No.       Mo.       No.        Mo.
of Yrs.    Payment   of Yrs.   Payment    of Yrs.   Payment   of Yrs.    Payment
-------    -------   -------   -------    -------   -------   -------    -------
                                                    
5           18.12       12      8.46        19       5.97       26        4.84
6           15.35       13      7.94        20       5.75       27        4.73
7           13.38       14      7.49        21       5.56       28        4.63
8           11.90       15      7.10        22       5.39       29        4.53
9           10.75       16      6.76        23       5.24       30        4.45
10           9.83       17      6.47        24       5.09
11           9.09       18      6.20        25       4.96