Common use of METHOD OF DEDUCTING MORTALITY AND EXPENSE RISK AND RIDER CHARGES Clause in Contracts

METHOD OF DEDUCTING MORTALITY AND EXPENSE RISK AND RIDER CHARGES. The Minimum Charge for mortality and expense risk as shown on the Contract Data page will be computed and deducted from each Subaccount on each Valuation Date. The Minimum Charge is factored into the Accumulation Unit Values on each Valuation Date. Any charge for mortality and expense risk or Riders above the Minimum Charge ("Excess Charge") will be deducted from monthly dividends paid by, and reinvested in, the respective Subaccounts. Dividends are declared by SBL and paid monthly by the Subaccounts for the purpose of deducting any applicable Excess Charge. The amount of the Excess Charge is determined by adding: the total charge for all Riders selected by the Owner; and the applicable mortality and expense risk charge; and subtracting the Minimum Charge. The applicable mortality and expense risk charge, which is based upon the amount of Contract Value as of the date the charge is deducted, is shown on the Contract Data page. The Excess Charge is a percentage on an annual basis of Contract Value allocated to each Subaccount as of the Payable Date. SBL will declare a dividend for each Subaccount on one Valuation Date of each calendar month ("Record Date"). SBL will pay the dividend on a subsequent Valuation Date ("Payable Date") within five Valuation Dates of the Record Date. Such dividend will be declared as a dollar amount per Accumulation Unit. For each Subaccount, any Owner as of the Record Date will receive on the Payable Date a net dividend equal to: the amount of dividend per Accumulation Unit; times the number of Accumulation Units allocated to the Subaccount as of the Record Date; less the amount of the Excess Charge for that Subaccount; provided that SBL will not deduct any Excess Charge from the first dividend following the Contract Date. The net dividend will be reinvested on the Payable Date at the Accumulation Unit Value determined as of the close of the Payable Date in Accumulation Units of the Subaccount. SBL reserves the right to compute and deduct the Excess Charge from each Subaccount on each Valuation Date in lieu of the method discussed above, in which event the charge would be factored into the Accumulation Unit Values on each Valuation Date. Example Assuming Contract Value of $50,000 allocated to the Equity Subaccount and no Riders, the Excess Charge would be computed as follows: Mortality and Expense Risk Charge; plus 0.70% Riders; less +N/A Minimum Charge -0.60% Excess Charge on Annual Basis 0.10% Further assuming 5,000 Accumulation Units with an Accumulation Unit Value of $10 per unit on December 30 and a gross dividend of $0.25 per unit declared on December 31 (Record Date), the net dividend amount would be as follows: Gross Dividend Per Unit; less $0.25 Accumulation Unit Value as of Valuation Date before Record Date $10.00 Excess Charge Per Unit -$0.00085 Net Dividend Per Unit; times $0.24915 Number of Accumulation Units x 5,000 Accumulation Unit Value as of Payable Date $ 9.75 Net Dividend Amount $1,245.75 The net dividend amount would be reinvested on the Payable Date in Accumulation Units of the Equity Subaccount, as follows: $0.24915 (net dividend per unit) divided by $9.75 (Accumulation Unit value as of the Payable Date) times 5,000 Units equals 127.769 Accumulation Units. On the Payable Date, 127.769 Accumulation Units are added to Contract Value for a total of 5,127.769 Accumulation Units after the dividend reinvestment. Contract Value on the Payable Date is equal to 5,127.769 Accumulation Units times $9.75 (Accumulation Unit Value as of the Payable Date) for a Contract Value of $49,995.75 after the dividend reinvestment. SBL will deduct the Mortality and Expense Risk Charge applicable to Annuity Options 1 through 4, 7 and 8 after the Annuity Start Date as shown on the Contract Data page. This charge is factored into the Annuity Unit Values on each Valuation Date. Monthly dividends are payable after the Annuity Start Date only with respect to Annuity Options 5 and 6. ADMINISTRATION CHARGE SBL will deduct the Administration Charge shown on page 3 against your Contract Value held in the Subaccounts. This charge will be computed and deducted from each Subaccount on each Valuation Date. This charge is factored into the Accumulation Unit and Annuity Unit Values on each Valuation Date. This charge is guaranteed not to increase. ACCOUNT ADMINISTRATION CHARGE SBL will deduct the Account Administration Charge ("Account Charge") from Contract Value as shown on page 3. SBL will allocate the Account Charge to the Accounts in the same proportion that Contract Value is allocated among the Accounts. The Account Charge and other charges may be waived or reduced uniformly on all Contracts issued under certain plans or arrangements which are expected to result in administrative cost savings. This charge is guaranteed not to increase. PREMIUM TAX EXPENSE SBL reserves the right to deduct Premium tax when due or any time thereafter. SBL will allocate the Premium tax to the Accounts in the same proportion that Contract Value is allocated among the Accounts. WITHDRAWAL CHARGES Purchase Payments are subject to a Withdrawal Charge, which is shown on page 3. The Withdrawal Charge may apply to amounts you withdraw under your Contract, depending on the length of time each Purchase Payment has been allocated to your Contract and the amount you withdraw. SBL does not apply the Withdrawal Charge on: Death benefit proceeds; Annuity Payments under one of Annuity Options 1 through 4 or 8; Annuity Payments under one of Annuity Options 5 through 7; provided that Annuity Payments are made for a period of at least 7 years. The amount of the Withdrawal Charge depends on how long your Purchase Payments are held under the Contract. Each Purchase Payment you make is considered to have a certain "age," depending on the length of time since that Purchase Payment was effective. A Purchase Payment is "age one" in the year beginning on the date the purchase payment is Received by SBL and increases in age each year thereafter. When you withdraw an amount, the "age" of any Purchase Payment you withdraw determines the level(s) of Withdrawal Charge as shown on page 3. For the purpose of calculating Withdrawal Charge, SBL assumes that withdrawal amounts will be applied to Purchase Payments first in the order Purchase Payments were received. The Withdrawal Charge will be deducted proportionately from each Account selected for Withdrawal. This charge is guaranteed not to increase. FREE WITHDRAWALS During a Contract Year, you may make Free Withdrawals, which are Withdrawals that are not subject to the Withdrawal Charge. The amount of Free Withdrawals available in any Contract Year is determined as follows. In the first Contract Year, the amount is equal to: cumulative purchase payments; times the Free Withdrawal percentage shown on page 3; less any Free Withdrawals made during the Contract Year. The amount of Free Withdrawals in subsequent Contract Years is equal to: Contract Value as of the first day of the current Contract Year; times the Free Withdrawal percentage shown on page 3; less any Free Withdrawals made during the Contract Year. Unused Free Withdrawal amounts are not carried from one Contract Year to the next. Free Withdrawals do not reduce Purchase Payments for purposes of calculating the Withdrawal Charge on future Withdrawals.

METHOD OF DEDUCTING MORTALITY AND EXPENSE RISK AND RIDER CHARGES. The Minimum Base Charge for mortality and expense risk as shown on the Contract Data page will be computed and deducted from each Subaccount on each Valuation Date. The Minimum Base Charge is factored into the Accumulation Unit Values on each Valuation Date. Any charge for mortality and expense risk or Riders above the Minimum Base Charge ("Excess Charge") will be deducted from monthly dividends Subaccount Adjustments paid by, and reinvested in, the respective Subaccounts. Dividends Subaccount Adjustments are declared by SBL FSBL and paid monthly by the Subaccounts for the purpose of deducting any applicable Excess Charge. The amount of the Excess Charge is determined by adding: the total charge for all Riders selected by the Owner; and the applicable mortality and expense risk charge; and subtracting the Minimum Base Charge. The applicable mortality and expense risk charge, which is based upon the amount of Contract Value as of the date the charge is deducted, is shown on the Contract Data page. The Excess Charge is a percentage on an annual basis of Contract Value allocated to each Subaccount as of the Subaccount Payable Date. SBL FSBL will declare a dividend Subaccount Adjustment for each Subaccount on one Valuation Date of each calendar month ("Subaccount Record Date"). SBL FSBL will pay the dividend Subaccount Adjustment on a subsequent Valuation Date ("Subaccount Payable Date") within five Valuation Dates of the Subaccount Record Date. Such dividend Subaccount Adjustment will be declared as a dollar amount per Accumulation Unit. For each Subaccount, any Owner as of the Subaccount Record Date will receive on the Subaccount Payable Date a net dividend Subaccount Adjustment equal to: the amount of dividend Subaccount Adjustment per Accumulation Unit; times the number of Accumulation Units allocated to the Subaccount as of the Subaccount Record Date; less the amount of the Excess Charge for that Subaccount; provided that SBL FSBL will not deduct any Excess Charge from the first dividend Subaccount Adjustment following the Contract Date. The net dividend Subaccount Adjustment will be reinvested on the Subaccount Payable Date at the Accumulation Unit Value determined as of the close of the Subaccount Payable Date in Accumulation Units of the Subaccount. SBL The net Subaccount Adjustment shall never be less than zero. FSBL reserves the right to compute and deduct the Excess Charge from each Subaccount on each Valuation Date in lieu of the method discussed above, in which event the charge would be factored into the Accumulation Unit Values on each Valuation Date. Example Assuming Contract Value of $50,000 allocated to the Equity Subaccount and no Riders, the Excess Charge would be computed as follows: Mortality and Expense Risk Charge; plus 0.701.30% RidersRider Charges; less +N/A Minimum Base Charge -0.60-1.20% Excess Charge on Annual Basis 0.10% Further assuming 5,000 Accumulation Units with an Accumulation Unit Value of $10 per unit on December 30 and a gross dividend Subaccount Adjustment of $0.25 0.025 per unit declared on December 31 (Subaccount Record Date), the net dividend Subaccount Adjustment amount would be as follows: Gross Dividend Subaccount Adjustment Per Unit; less $0.25 0.025 Accumulation Unit Value as of Valuation Date before Subaccount Record Date $10.00 Excess Charge Per Unit -$0.00085 Net Dividend Subaccount Adjustment Per Unit; times $0.24915 0.02415 Number of Accumulation Units x 5,000 Accumulation Unit Value as of Subaccount Payable Date $ 9.75 $9.975 Net Dividend Subaccount Adjustment Amount $1,245.75 120.75 The net dividend Subaccount Adjustment amount would be reinvested on the Subaccount Payable Date in Accumulation Units of the Equity Subaccount, as follows: $0.24915 0.02415 (net dividend Subaccount Adjustment per unit) divided by $9.75 9.975 (Accumulation Unit value as of the Subaccount Payable Date) times 5,000 Units equals 127.769 12.105 Accumulation Units. On the Subaccount Payable Date, 127.769 12.105 Accumulation Units are added to Contract Value for a total of 5,127.769 5,012.105 Accumulation Units after the dividend Subaccount Adjustment reinvestment. Contract Value on the Subaccount Payable Date is equal to 5,127.769 5,012.105 Accumulation Units times $9.75 9.975 (Accumulation Unit Value as of the Subaccount Payable Date) for a Contract Value of $49,995.75 after the dividend Subaccount Adjustment reinvestment. SBL FSBL will deduct the Mortality and Expense Risk Charge applicable to Annuity Options 1 through 4, 7 and 8 6 after the Annuity Start Date as shown on the Contract Data page. This charge is factored into the Annuity Unit Values on each Valuation Date. Monthly dividends are payable after the Annuity Start Date only with respect to Annuity Options 5 and 6. ADMINISTRATION CHARGE SBL FSBL will deduct the Administration Charge shown on page 3 against your Contract Value held in the Subaccounts. This charge will be computed and deducted from each Subaccount on each Valuation Date. This charge is factored into the Accumulation Unit and Annuity Unit Values on each Valuation Date. This charge is guaranteed not to increase. ACCOUNT ADMINISTRATION CHARGE SBL FSBL will deduct the Account Administration Charge ("Account Charge") from Contract Value as shown on page 3. SBL FSBL will allocate the Account Charge to the Accounts in the same proportion that Contract Value is allocated among the Accounts. The Account Charge and other charges may be waived or reduced uniformly on all Contracts issued under certain plans or arrangements which are expected to result in administrative cost savings. This charge is guaranteed not to increase. PREMIUM TAX EXPENSE SBL FSBL reserves the right to deduct Premium tax when due or any time thereafter. SBL FSBL will allocate the Premium tax to the Accounts in the same proportion that Contract Value is allocated among the Accounts. WITHDRAWAL CHARGES Purchase Payments are subject to a Withdrawal Charge, which is shown on page 3. The Withdrawal Charge may apply to amounts you withdraw under your Contract, depending on the length of time each Purchase Payment has been allocated to your Contract and the amount you withdraw. SBL FSBL does not apply the Withdrawal Charge on: Death benefit proceeds; or Annuity Payments under one of Annuity Options 1 through 4 or 8; Annuity Payments under one of Annuity Options 5 through 7; provided that Annuity Payments are made for a period of at least 7 yearsPayments. The amount of the Withdrawal Charge depends on how long your Purchase Payments are held under the Contract. Each Purchase Payment you make is considered to have a certain "age," depending on the length of time since that Purchase Payment was effective. A Purchase Payment is "age one" in the year beginning on the date the purchase payment is Received by SBL FSBL and increases in age each year thereafter. When you withdraw an amount, the "age" of any Purchase Payment you withdraw determines the level(s) of Withdrawal Charge as shown on page 3. For the purpose of calculating Withdrawal Charge, SBL FSBL assumes that withdrawal amounts will be applied to Purchase Payments first in the order Purchase Payments were received. The Withdrawal Charge will be deducted proportionately from each Account selected for Withdrawal. This charge is guaranteed not to increase. FREE WITHDRAWALS During a Contract Year, you may make Free Withdrawals, which are Withdrawals that are not subject to the Withdrawal Charge. The amount of Free Withdrawals available in any Contract Year is determined as follows. In the first Contract Year, the amount is equal to: cumulative purchase payments; times the Free Withdrawal percentage shown on page 3; less any Free Withdrawals made during the Contract Year. The amount of Free Withdrawals in subsequent Contract Years is equal to: Contract Value as of the first day of the current Contract Year; times the Free Withdrawal percentage shown on page 3; less any Free Withdrawals made during the Contract Year. Unused Free Withdrawal amounts are not carried from one Contract Year to the next. Free Withdrawals do not reduce Purchase Payments for purposes of calculating the Withdrawal Charge on future Withdrawals.

METHOD OF DEDUCTING MORTALITY AND EXPENSE RISK AND RIDER CHARGES. The Minimum Charge for mortality and expense risk as shown on the Contract Data page will be computed and deducted from each Subaccount on each Valuation Date. The Minimum Charge is factored into the Accumulation Unit Values on each Valuation Date. Any charge for mortality and expense risk or Riders above the Minimum Charge ("Excess Charge") will be deducted from monthly dividends paid by, and reinvested in, the respective Subaccounts. Dividends are declared by SBL and paid monthly by the Subaccounts for the purpose of deducting any applicable Excess Charge. The amount of the Excess Charge is determined by adding: the total charge for all Riders selected by the Owner; and the applicable mortality and expense risk charge; and subtracting the Minimum Charge. The applicable mortality and expense risk charge, which is based upon the amount of Contract Value as of the date the charge is deducted, is shown on the Contract Data page. The Excess Charge is a percentage on an annual basis of Contract Value allocated to each Subaccount as of the Payable Date. SBL will declare a dividend for each Subaccount on one Valuation Date of each calendar month ("Record Date"). SBL will pay the dividend on a subsequent Valuation Date ("Payable Date") within five Valuation Dates of the Record Date. Such dividend will be declared as a dollar amount per Accumulation Unit. For each Subaccount, any Owner as of the Record Date will receive on the Payable Date a net dividend equal to: the amount of dividend per Accumulation Unit; times the number of Accumulation Units allocated to the Subaccount as of the Record Date; less the amount of the Excess Charge for that Subaccount; provided that SBL will not deduct any Excess Charge from the first dividend following the Contract Date. The net dividend will be reinvested on the Payable Date at the Accumulation Unit Value determined as of the close of the Payable Date in Accumulation Units of the Subaccount. SBL reserves the right to compute and deduct the Excess Charge from each Subaccount on each Valuation Date in lieu of the method discussed above, in which event the charge would be factored into the Accumulation Unit Values on each Valuation Date. Example Assuming Contract Value of $50,000 allocated to the Equity Subaccount and no Riders, the Excess Charge would be computed as follows: Mortality and Expense Risk Charge; plus 0.70% Riders; less ++ N/A Minimum Charge -0.60- 0.60% Excess Charge on Annual Basis 0.10% Further assuming 5,000 Accumulation Units with an Accumulation Unit Value of $10 per unit on December 30 and a gross dividend of $0.25 per unit declared on December 31 (Record Date), the net dividend amount would be as follows: Gross Dividend Per Unit; less $$ 0.25 Accumulation Unit Value as of Valuation Date before Record Date $$ 10.00 Excess Charge Per Unit -$0.00085 -$ 0.00085 Net Dividend Per Unit; times $$ 0.24915 Number of Accumulation Units x 5,000 Accumulation Unit Value as of Payable Date $ 9.75 Net Dividend Amount $$ 1,245.75 The net dividend amount would be reinvested on the Payable Date in Accumulation Units of the Equity Subaccount, as follows: $0.24915 (net dividend per unit) divided by $9.75 (Accumulation Unit value as of the Payable Date) times 5,000 Units equals 127.769 Accumulation Units. On the Payable Date, 127.769 Accumulation Units are added to Contract Value for a total of 5,127.769 Accumulation Units after the dividend reinvestment. Contract Value on the Payable Date is equal to 5,127.769 Accumulation Units times $9.75 (Accumulation Unit Value as of the Payable Date) for a Contract Value of $49,995.75 after the dividend reinvestment. SBL will deduct the Mortality and Expense Risk Charge applicable to Annuity Options 1 through 4, 7 and 8 after the Annuity Start Date as shown on the Contract Data page. This charge is factored into the Annuity Unit Values on each Valuation Date. Monthly dividends are payable after the Annuity Start Date only with respect to Annuity Options 5 and 6. ADMINISTRATION CHARGE SBL will deduct the Administration Charge shown on page 3 against your Contract Value held in the Subaccounts. This charge will be computed and deducted from each Subaccount on each Valuation Date. This charge is factored into the Accumulation Unit and Annuity Unit Values on each Valuation Date. This charge is guaranteed not to increase. ACCOUNT ADMINISTRATION CHARGE SBL will deduct the Account Administration Charge ("Account Charge") from Contract Value as shown on page 3. SBL will allocate the Account Charge to the Accounts in the same proportion that Contract Value is allocated among the Accounts. The Account Charge and other charges may be waived or reduced uniformly on all Contracts issued under certain plans or arrangements which are expected to result in administrative cost savings. This charge is guaranteed not to increase. PREMIUM TAX EXPENSE SBL reserves the right to deduct Premium tax when due or any time thereafter. SBL will allocate the Premium tax to the Accounts in the same proportion that Contract Value is allocated among the Accounts. WITHDRAWAL CHARGES Purchase Payments are subject to a Withdrawal Charge, which is shown on page 3. The Withdrawal Charge may apply to amounts you withdraw under your Contract, depending on the length of time each Purchase Payment has been allocated to your Contract and the amount you withdraw. SBL does not apply the Withdrawal Charge on: Death benefit proceeds; Annuity Payments under one of Annuity Options 1 through 4 or 8; Annuity Payments under one of Annuity Options 5 through 7; provided that Annuity Payments are made for a period of at least 7 years. The amount of the Withdrawal Charge depends on how long your Purchase Payments are held under the Contract. Each Purchase Payment you make is considered to have a certain "age," depending on the length of time since that Purchase Payment was effective. A Purchase Payment is "age one" in the year beginning on the date the purchase payment is Received by SBL and increases in age each year thereafter. When you withdraw an amount, the "age" of any Purchase Payment you withdraw determines the level(s) of Withdrawal Charge as shown on page 3. For the purpose of calculating Withdrawal Charge, SBL assumes that withdrawal amounts will be applied to Purchase Payments first in the order Purchase Payments were received. The Withdrawal Charge will be deducted proportionately from each Account selected for Withdrawal. This charge is guaranteed not to increase. FREE WITHDRAWALS During a Contract Year, you may make Free Withdrawals, which are Withdrawals that are not subject to the Withdrawal Charge. The amount of Free Withdrawals available in any Contract Year is determined as follows. In the first Contract Year, the amount is equal to: cumulative purchase payments; times the Free Withdrawal percentage shown on page 3; less any Free Withdrawals made during the Contract Year. The amount of Free Withdrawals in subsequent Contract Years is equal to: Contract Value as of the first day of the current Contract Year; times the Free Withdrawal percentage shown on page 3; less any Free Withdrawals made during the Contract Year. Unused Free Withdrawal amounts are not carried from one Contract Year to the next. Free Withdrawals do not reduce Purchase Payments for purposes of calculating the Withdrawal Charge on future Withdrawals.