Common use of FIXED ACCOUNT INTEREST CREDITING Clause in Contracts

FIXED ACCOUNT INTEREST CREDITING. SBL shall credit Current Interest on Fixed Account Contract Value on a daily basis. Current Interest will be credited from the Valuation Date on which a Purchase Payment is applied to the date of Withdrawal, Transfer, or application as Annuity Start Amount. SBL shall credit interest on Fixed Account Contract Value at an annual rate at least equal to the Guaranteed Rate shown on page 3. Also, SBL may in its sole judgment credit Current Interest at a rate in excess of the Guaranteed Rate. The rate of Current Interest, if declared shall be fixed during the Guarantee Period. Fixed Account Contract Value shall earn Current Interest during each Guarantee Period at the rate, if any, declared by SBL on the first day of the Guarantee Period. SBL may credit Current Interest on Contract Value that was allocated or transferred to the Fixed Account during one period at a different rate than amounts allocated or transferred to the Fixed Account in another period. Also, SBL may credit Current Interest on Fixed Account Contract Value at different rates based upon the length of the Guarantee Period. SBL will deduct any charges for Riders from Current Interest. Therefore, at any time, portions of Fixed Account Contract Value may be earning Current Interest at different rates based upon the period during which such portions were allocated or transferred to the Fixed Account, the length of the Guarantee Period and the Riders selected by the Owner. SEPARATE ACCOUNT CONTRACT VALUE On any Valuation Date, the Separate Account Contract Value is the sum of the then current value of the Accumulation Units allocated to each Subaccount for this Contract. For example, if 100 Accumulation Units were allocated to each of the Money Market and Equity Subaccounts as of June 1, Separate Account Contract Value as of that date would be determined as follows:

FIXED ACCOUNT INTEREST CREDITING. SBL shall credit Current Interest on Fixed Account Contract Value on a daily basis. Current Interest will be credited from the Valuation Date on which a Purchase Payment is applied to the date of Withdrawal, Transfer, or application as Annuity Start Amount. SBL shall credit interest on Fixed Account Contract Value at an annual rate at least equal to the Guaranteed Rate shown on page 3. Also, SBL may in its sole judgment credit Current Interest at a rate in excess of the Guaranteed Rate. The rate of Current Interest, if declared shall be fixed during the Guarantee Period. Fixed Account Contract Value shall earn Current Interest during each Guarantee Period at the rate, if any, declared by SBL on the first day of the Guarantee Period. SBL may credit Current Interest on Contract Value that was allocated or transferred to the Fixed Account during one period at a different rate than amounts allocated or transferred to the Fixed Account in another period. Also, SBL may credit Current Interest on Fixed Account Contract Value at different rates based upon the length of the Guarantee Period. SBL will deduct any charges for Riders from Current Interest. Therefore, at any time, portions of Fixed Account Contract Value may be earning Current Interest at different rates based upon the period during which such portions were allocated or transferred to the Fixed Account, the length of the Guarantee Period and the Riders selected by the Owner. SEPARATE ACCOUNT CONTRACT VALUE On any Valuation Date, the Separate Account Contract Value is the sum of the then current value of the Accumulation Units allocated to each Subaccount for this Contract. For example, if 100 Accumulation Units were allocated to each of the Money Market and Equity Subaccounts as of June 1, Separate Account Contract Value as of that date would be determined as follows:.

FIXED ACCOUNT INTEREST CREDITING. Any Current Interest declared by SBL shall credit Current Interest on be credited to Fixed Account Contract Value on a daily basis. Current Interest will be credited from the Valuation Date day following the date on which a Purchase Payment is applied to the date of Withdrawal, Transfer, Withdrawal or application as Annuity Start Amount. SBL shall credit interest on Fixed Account Contract Value at an annual rate at least equal to the Guaranteed Rate shown on page 3. Also, SBL may in its sole judgment credit Current Interest at a rate in excess of the Guaranteed Rate. The rate of Current InterestRate, if declared shall be fixed during the Guarantee Period. Fixed Account Contract Value shall earn Current Interest during each Guarantee Period at the rate, if any, declared by SBL on the first day of the Guarantee Period. SBL may credit Current Interest on Contract Value that was allocated or transferred to the Fixed Account during one period at a different rate than amounts allocated or transferred to the Fixed Account in another period. Also, SBL may credit Current Interest on Fixed Account Contract Value at different rates based upon the length of the Guarantee Period. SBL will deduct any charges for Riders from Current Interest. Therefore, at any time, portions of Fixed Account Contract Value may be earning Current Interest at different rates based upon the period during which such portions were allocated or transferred to the Fixed Account, Account and the length of the Guarantee Period and the Riders selected by the Owner. SEPARATE ACCOUNT CONTRACT VALUE On any Valuation Date, the Separate Account Contract Value is the sum of the then current value of the Accumulation Units allocated to each Subaccount for this Contract. For example, if 100 Accumulation Units were allocated to each of the Money Market and Equity Subaccounts as of June 1, Separate Account Contract Value as of that date would be determined as follows:Period.

FIXED ACCOUNT INTEREST CREDITING. SBL FSBL shall credit Current Interest on Fixed Account Contract Value on a daily basis. Current Interest will be credited from the Valuation Date on which a Purchase Payment is applied to the date of Withdrawal, Transfer, or application as Annuity Start Amount. SBL FSBL shall credit interest on Fixed Account Contract Value at an annual rate at least equal to the Fixed Account Guaranteed Rate shown on page 3. Also, SBL FSBL may in its sole judgment credit Current Interest at a rate in excess of the Guaranteed Rate. The rate of Current Interest, if declared shall be fixed during the Guarantee Period. Fixed Account Contract Value shall earn Current Interest during each Guarantee Period at the rate, if any, declared by SBL FSBL on the first day of the Guarantee Period. SBL FSBL may credit Current Interest on Contract Value that was allocated or transferred to the Fixed Account during one period at a different rate than amounts allocated or transferred to the Fixed Account in another period. Also, SBL may credit Current Interest on Fixed Account Contract Value at different rates based upon the length of the Guarantee Period. SBL FSBL will deduct any charges for Riders from Current Interest. Therefore, at any time, portions of Fixed Account Contract Value may be earning Current Interest at different rates based upon the period during which such portions were allocated or transferred to the Fixed Account, the length of the Guarantee Period Account and the Riders selected by the Owner. SEPARATE ACCOUNT CONTRACT VALUE On any Valuation Date, the Separate Account Contract Value is the sum of the then current value of the Accumulation Units allocated to each Subaccount for this Contract. For example, if 100 Accumulation Units were allocated to each of the Money Market and Equity Subaccounts as of June 1, Separate Account Contract Value as of that date would be determined as follows:.

FIXED ACCOUNT INTEREST CREDITING. SBL FSBL shall credit Current Interest on Fixed Account Contract Value on a daily basis. Current Interest will be credited from the Valuation Date on which a Purchase Payment is applied to the date of Withdrawal, Transfer, or application as Annuity Start Amount. SBL FSBL shall credit interest on Fixed Account Contract Value at an annual rate at least equal to the Fixed Account Guaranteed Rate shown on page 3. Also, SBL FSBL may in its sole judgment credit Current Interest at a rate in excess of the Guaranteed Rate. The rate of Current Interest, if declared shall be fixed during the Guarantee Period. Fixed Account Contract Value shall earn Current Interest during each Guarantee Period at the rate, if any, declared by SBL FSBL on the first day of the Guarantee Period. SBL FSBL may credit Current Interest on Contract Value that was allocated or transferred to the Fixed Account during one period at a different rate than amounts allocated or transferred to the Fixed Account in another period. Also, SBL may credit Current Interest on Fixed Account Contract Value at different rates based upon the length of the Guarantee Period. SBL FSBL will deduct any charges for Riders from Current Interest. Therefore, at any time, portions of Fixed Account Contract Value may be earning Current Interest at different rates based upon the period during which such portions were allocated or transferred to the Fixed Account, the length of the Guarantee Period Account and the Riders selected by the Owner. SEPARATE ACCOUNT CONTRACT VALUE On any Valuation Date, the Separate Account Contract Value is the sum of the then current value of the Accumulation Units allocated to each Subaccount for this Contract. For example, if 100 Accumulation Units were allocated to each of the Money Market and Equity Subaccounts as of June 1, Separate Account Contract Value as of that date would be determined as follows:

FIXED ACCOUNT INTEREST CREDITING. Any Current Interest declared by SBL shall credit Current Interest on be credited to Fixed Account Contract Value on a daily basis. Current Interest will be credited from the Valuation Date day following the date on which a Purchase Payment is applied to the date of Withdrawal, Transfer, Withdrawal or application as Annuity Start Amount. SBL shall credit interest on Fixed Account Contract Value at an annual rate at least equal to the Guaranteed Rate shown on page 3. Also, SBL may in its sole judgment may, but is under no obligation to, credit Current Interest at a rate in excess of the Guaranteed Rate. The rate of Current InterestRate, if declared shall be fixed during the Guarantee Period. Fixed Account Contract Value shall earn Current Interest during each Guarantee Period at the rate, if any, declared by SBL on the first day of the Guarantee Period. SBL may credit Current Interest on Contract Value that was allocated or transferred to the Fixed Account during one period at a different rate than amounts allocated or transferred to the Fixed Account in another period. Also, SBL may credit Current Interest on Fixed Account Contract Value at different rates based upon the length of the Guarantee Period. SBL will deduct any charges for Riders from Current Interest. Therefore, at any time, portions of Fixed Account Contract Value may be earning Current Interest at different rates based upon the period during which such portions were allocated or transferred to the Fixed Account, Account and the length of the Guarantee Period and the Riders selected by the Owner. SEPARATE ACCOUNT CONTRACT VALUE On any Valuation Date, the Separate Account Contract Value is the sum of the then current value of the Accumulation Units allocated to each Subaccount for this Contract. For example, if 100 Accumulation Units were allocated to each of the Money Market and Equity Subaccounts as of June 1, Separate Account Contract Value as of that date would be determined as follows:Period.

FIXED ACCOUNT INTEREST CREDITING. SBL shall credit Current Interest on Fixed Account Contract Value on a daily basis. Current Interest will be credited from the Valuation Date on which a Purchase Payment is applied to the date of Withdrawal, Transfer, or application as Annuity Start Amount. SBL The Company shall credit interest on Fixed Account Contract Value at an annual rate at least equal to the Guaranteed Rate shown on page 3. Also, SBL the Company may in its sole judgment credit Current Interest at a rate in excess of the Guaranteed Rate. The rate of Current Interest, if declared declared, shall be fixed during the Guarantee Period. Fixed Account Contract Value shall earn Current Interest during each Guarantee Period at the rate, if any, declared by SBL the Company on the first day of the Guarantee Period. SBL The Company may credit Current Interest on Contract Value that was allocated or transferred to the Fixed Account during one period at a different rate than amounts allocated or transferred to the Fixed Account in another period. Also, SBL the Company may credit Current Interest on Fixed Account Contract Value at different rates based upon the length of the Guarantee Period. SBL will deduct any charges for Riders from Current Interest. Therefore, at any time, portions of Fixed Account Contract Value may be earning Current Interest at different rates based upon the period during which such portions were allocated or transferred to the Fixed Account, Account and the length of the Guarantee Period and the Riders selected by the OwnerPeriod. V6025 E (1-97) 10 -------------------------------------------------------------------------------- CONTRACT VALUE AND EXPENSE PROVISIONS (Continued) -------------------------------------------------------------------------------- SEPARATE ACCOUNT CONTRACT VALUE On any Valuation Date, the Separate Account Contract Value is the sum of the then current value of the Accumulation Units allocated to each Subaccount for this Contract. For example, if 100 Accumulation Units were allocated to each of the Money Market and Equity Subaccounts as of June 1, Separate Account Contract Value as of that date would be determined as follows:.

FIXED ACCOUNT INTEREST CREDITING. SBL shall credit Current Interest on Fixed Account Contract Value on a daily basis. Current Interest will be credited from the Valuation Date on which a Purchase Payment is applied to the date of Withdrawal, Transfer, or application as Annuity Start Amount. SBL shall credit interest on Fixed Account Contract Value at an annual rate at least equal to the Guaranteed Rate shown on page 3. Also, SBL may in its sole judgment credit Current Interest at a rate in excess of the Guaranteed Rate. The rate of Current Interest, if declared shall be fixed during the Guarantee Period. Fixed Account Contract Value shall earn Current Interest during each Guarantee Period at the rate, if any, declared by SBL on the first day of the Guarantee Period. SBL may credit Current Interest on Contract Value that was allocated or transferred to the Fixed Account during one period at a different rate than amounts allocated or transferred to the Fixed Account in another period. Also, SBL may credit Current Interest on Fixed Account Contract Value at different rates based upon the length of the Guarantee Period. SBL will deduct any charges for Riders from Current Interest. Therefore, at any time, portions of Fixed Account Contract Value may be earning Current Interest at different rates based upon the period during which such portions were allocated or transferred to the Fixed Account, the length of the Guarantee Period and the Riders selected by the Owner. SEPARATE ACCOUNT CONTRACT VALUE On any Valuation Date, the Separate Account Contract Value is the sum of the then current value of the Accumulation Units allocated to each Subaccount for this Contract. For example, if 100 Accumulation Units were allocated to each of the Money Market and Equity Subaccounts as of June 1, Separate Account Contract Value as of that date would be determined as follows: Number of Accumulation Unit Subaccount Accumulation Units Value as of June 1 Subaccount Value Money Market 100 $10 $1,000 Equity 100 $12 $1,200 Separate Account Contract Value as of June 1............................. $2,200 ACCUMULATION UNIT VALUE The initial Accumulation Unit Value for each Subaccount was set by SBL. The Accumulation Unit Value for any subsequent Valuation Date is equal to (1) times (2) where:

FIXED ACCOUNT INTEREST CREDITING. SBL shall credit Current Interest on Fixed Account Contract Value on a daily basis. Current Interest will be credited from the Valuation Date on which a Purchase Payment is applied to the date of Withdrawal, Transfer, or application as Annuity Start Amount. SBL The Company shall credit interest on Fixed Account Contract Value at an annual rate at least equal to the Guaranteed Rate shown on page 3. Also, SBL the Company may in its sole judgment credit Current Interest at a rate in excess of the Guaranteed Rate. The rate of Current Interest, if declared declared, shall be fixed during the Guarantee Period. Fixed Account Contract Value shall earn Current Interest during each Guarantee Period at the rate, if any, declared by SBL the Company on the first day of the Guarantee Period. SBL The Company may credit Current Interest on Contract Value that was allocated or transferred to the Fixed Account during one period at a different rate than amounts allocated or transferred to the Fixed Account in another period. Also, SBL the Company may credit Current Interest on Fixed Account Contract Value at different rates based upon the length of the Guarantee Period. SBL will deduct any charges for Riders from Current Interest. Therefore, at any time, portions of Fixed Account Contract Value may be earning Current Interest at different rates based upon the period during which such portions were allocated or transferred to the Fixed Account, Account and the length of the Guarantee Period and the Riders selected by the OwnerPeriod. V6025 E (1-97) CONTRACT VALUE AND EXPENSE PROVISIONS (Continued) SEPARATE ACCOUNT CONTRACT VALUE On any Valuation Date, the Separate Account Contract Value is the sum of the then current value of the Accumulation Units allocated to each Subaccount for this Contract. For example, if 100 ACCUMULATION UNIT VALUE The initial Accumulation Units were allocated Unit Value for each Subaccount was set at ($10). The Accumulation Unit Value for any subsequent Valuation Date is equal to each of the Money Market and Equity Subaccounts as of June (1, Separate Account Contract Value as of that date would be determined as follows) times (2) where:

FIXED ACCOUNT INTEREST CREDITING. SBL shall credit Current Interest on Fixed Account Contract Value on a daily basis. Current Interest will be credited from the Valuation Date on which a Purchase Payment is applied to the date of Withdrawal, Transfer, or application as Annuity Start Amount. SBL shall credit interest on Fixed Account Contract Value at an annual rate at least equal to the Guaranteed Rate shown on page 3. Error! Bookmark not defined.. Also, SBL may in its sole judgment credit Current Interest at a rate in excess of the Guaranteed Rate. The rate of Current Interest, if declared shall be fixed during the Guarantee Period. Fixed Account Contract Value shall earn Current Interest during each Guarantee Period at the rate, if any, declared by SBL on the first day of the Guarantee Period. SBL may credit Current Interest on Contract Value that was allocated or transferred to the Fixed Account during one period at a different rate than amounts allocated or transferred to the Fixed Account in another period. Also, SBL may credit Current Interest on Fixed Account Contract Value at different rates based upon the length of the Guarantee Period. SBL will deduct any charges for Riders from Current Interest. Therefore, at any time, portions of Fixed Account Contract Value may be earning Current Interest at different rates based upon the period during which such portions were allocated or transferred to the Fixed Account, the length of the Guarantee Period and the Riders selected by the Owner. SEPARATE ACCOUNT CONTRACT VALUE On any Valuation Date, the Separate Account Contract Value is the sum of the then current value of the Accumulation Units allocated to each Subaccount for this Contract. For example, if 100 Accumulation Units were allocated to each of the Money Market and Equity Subaccounts as of June 1, Separate Account Contract Value as of that date would be determined as follows: