Supplemental Agreement to Participation Agreement Sample Contracts

Van Eck Securities Corporation 99 Park Avenue — 8th Floor New York, NY 10016 212-687-5200 — Toll Free (800) 221-2220 SUPPLEMENTAL AGREEMENT TO PARTICIPATION AGREEMENT Related to Van Eck Worldwide Insurance Trust
Supplemental Agreement to Participation Agreement • October 1st, 2008 • ALAC Separate Account 1

We are providing Indianapolis Life Insurance Company (“you”) with this SUPPLEMENTAL AGREEMENT dated November 7, 2005 (“Supplemental Agreement”) to the Participation Agreement among Van Eck Worldwide Insurance Trust (“Fund”), Van Eck Securities Corporation (“Underwriter”), Van Eck Associates Corporation (“Adviser”) and you (“Participation Agreement”).

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