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ENDORSEMENT
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This Endorsement is attached to and made a part of this Contract as of the
Contract Date, or if later, the date shown below. Terms not defined in this
Endorsement have the meaning given to them in the Contract.
Notwithstanding anything to the contrary in the Contract, the Account
Administration Charge shall be deducted at each Contract Anniversary. A pro rata
Account Charge is deducted:
(1) upon a full Withdrawal of Contract Value;
(2) when a Contract has been in force for less than a full Contract Year;
(3) upon the Annuity Start Date if one of Annuity Options 1 through 4, 7 or 8
is chosen; and
(4) upon payment of a Death Benefit.
The Account Charge will be waived if the Contract Value is $50,000 or more upon
the date the Account Charge is to be deducted.
Further, the "Method for Deductions" found on page 3 is amended to provide that
deductions will be made from the Accounts in the same proportion that the
Contract Value is allocated among the accounts. Any terms of the "Method for
Deductions" which are inconsistent with this provision shall be deleted.
SECURITY BENEFIT LIFE INSURANCE COMPANY
XXXXX X. XXXXX
Xxxxx X. Xxxxx
Secretary
Endorsement Start Date
(If Other Than Contract Date)
V6071-1 (3-01)
