Common use of PLEASE READ YOUR CONTRACT CAREFULLY Clause in Contracts

PLEASE READ YOUR CONTRACT CAREFULLY. It is a legal Contract between you, the Owner, and us, SBL. The Contract's table of contents is on page 2. FREE LOOK PERIOD-RIGHT TO CANCEL YOU MAY RETURN THIS CONTRACT WITHIN 10 DAYS AFTER YOU RECEIVE IT. YOU MAY RETURN THE CONTRACT BY DELIVERING OR MAILING IT TO SBL. THIS CONTRACT WILL THEN BE DEEMED VOID FROM THE BEGINNING. NO WITHDRAWAL CHARGE WILL BE IMPOSED, AND WE WILL REFUND YOUR CONTRACT VALUE, INCLUDING ANY FEES AND/OR CHARGES FOR PREMIUM TAX THAT WERE DEDUCTED FROM THAT CONTRACT VALUE, LESS THE VALUE OF ANY CREDIT ENHANCEMENTS MADE INTO THE CONTRACT, AS OF THE DATE WE RECEIVE THE RETURNED CONTRACT. Signed for Security Benefit Life Insurance Company on the Contract Date. ▇▇▇▇▇ ▇. ▇▇▇▇▇ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Secretary President A BRIEF DESCRIPTION OF THIS CONTRACT This is a FLEXIBLE PREMIUM DEFERRED VARIABLE ANNUITY CONTRACT. * Investment Experience is Reflected in Benefits * Variable and Fixed Accumulation Before the Annuity Start Date; Variable and Fixed Annuity Payments Thereafter * Death Benefit Proceeds are Payable Before the Annuity Start Date * This Contract is Non-Participating BENEFITS AND VALUES PROVIDED BY THIS CONTRACT MAY BE ON A VARIABLE BASIS. AMOUNTS DIRECTED INTO ONE OR MORE OF THE SUBACCOUNTS WILL REFLECT THE INVESTMENT EXPERIENCE OF THOSE SUBACCOUNTS. THESE AMOUNTS MAY INCREASE OR DECREASE AND ARE NOT GUARANTEED AS TO DOLLAR AMOUNT. (SEE "CONTRACT VALUE AND EXPENSE PROVISIONS" AND "ANNUITY PAYMENT PROVISIONS" FOR DETAILS.) [SBL LOGO] SECURITY BENEFIT LIFE INSURANCE COMPANY A Member of The Security Benefit Group of Companies ▇▇▇ ▇▇ ▇▇▇▇▇▇▇▇ Street, Topeka, KS 66636-0001 ▇-▇▇▇-▇▇▇-▇▇▇▇ The variable annuity covered by this Contract is the subject of a pending patent application in the United States Patent and Trademark Office. V6029 (8-00) -------------------------------------------------------------------------------- TABLE OF CONTENTS -------------------------------------------------------------------------------- Page CONTRACT DATA PAGE........................................................ 3 DEFINITIONS............................................................... 4

PLEASE READ YOUR CONTRACT CAREFULLY. It If the annuitant is a legal Contract between youliving on the Retirement Date, we will begin to pay you monthly annuity payments. Any payments made by us are subject to the Owner, and us, SBLterms of this contract. The Contract's table owner and beneficiary are as named in the application unless they are changed as provided for in this contract. We issue this contract in consideration of contents is on page 2. FREE LOOK PERIOD-RIGHT TO CANCEL YOU MAY RETURN THIS CONTRACT WITHIN 10 DAYS AFTER YOU RECEIVE IT. YOU MAY RETURN THE CONTRACT BY DELIVERING OR MAILING IT TO SBL. THIS CONTRACT WILL THEN BE DEEMED VOID FROM THE BEGINNING. NO WITHDRAWAL CHARGE WILL BE IMPOSED, AND WE WILL REFUND YOUR CONTRACT VALUE, INCLUDING ANY FEES AND/OR CHARGES FOR PREMIUM TAX THAT WERE DEDUCTED FROM THAT CONTRACT VALUE, LESS THE VALUE OF ANY CREDIT ENHANCEMENTS MADE INTO THE CONTRACT, AS OF THE DATE WE RECEIVE THE RETURNED CONTRACTyour application and the payment of the initial purchase payment. Signed for Security Benefit and issued by American Enterprise Life Insurance Company on of Indianapolis, Indiana, as of the Contract Datecontract date. ▇▇▇▇▇ ▇ACCUMULATION VALUES AND ANNUITY PAYMENTS, WHEN BASED ON THE INVESTMENT RESULTS OF THE VARIABLE SUBACCOUNTS, ARE VARIABLE AND NOT GUARANTEED AS TO FIXED DOLLAR AMOUNT. ▇▇▇▇▇ SEE THE VARIABLE ACCOUNT PROVISIONS. PAYMENTS AND VALUES BASED ON THE GUARANTEE PERIOD ACCOUNTS ARE SUBJECT TO A MARKET VALUE ADJUSTMENT FORMULA, THE OPERATION OF WHICH MAY RESULT IN UPWARD AND DOWNWARD ADJUSTMENTS IN AMOUNTS PAYABLE TO AN OWNER OR ANNUITANT, INCLUDING WITHDRAWALS, TRANSFERS AND AMOUNTS APPLIED TO PURCHASE AN ANNUITY. SEE THE WITHDRAWAL PROVISIONS SECTION FOR MARKET VALUE ADJUSTMENT PROVISIONS. NOTICE OF YOUR RIGHT TO EXAMINE THIS CONTRACT FOR 10 DAYS. If for any reason you are not satisfied with this contract, return it to us or our agent within 10 days after you receive it. We will then cancel this contract. Upon such cancellation we will refund an amount equal to the sum of: (1) the contract value, including any Market Value Adjustment, if applicable, and less any purchase payment credits, if applicable, at the end of the Valuation Period during which we receive the contract; and (2) any premium tax charges paid. This contract will then be considered void from its start. /s/ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Secretary President A BRIEF DESCRIPTION OF THIS CONTRACT This is a FLEXIBLE PREMIUM DEFERRED VARIABLE ANNUITY CONTRACT. * Investment Experience is Reflected in Benefits * Variable and Fixed Accumulation Before the Annuity Start Date; Variable and Fixed Annuity Payments Thereafter * Death Benefit Proceeds are Payable Before the Annuity Start Date * This Contract is Non-Participating BENEFITS AND VALUES PROVIDED BY THIS CONTRACT MAY BE ON A VARIABLE BASIS. AMOUNTS DIRECTED INTO ONE OR MORE OF THE SUBACCOUNTS WILL REFLECT THE INVESTMENT EXPERIENCE OF THOSE SUBACCOUNTS. THESE AMOUNTS MAY INCREASE OR DECREASE AND ARE NOT GUARANTEED AS TO DOLLAR AMOUNT. (SEE "CONTRACT VALUE AND EXPENSE PROVISIONS" AND "ANNUITY PAYMENT PROVISIONS" FOR DETAILS.) [SBL LOGO] SECURITY BENEFIT LIFE INSURANCE COMPANY A Member of The Security Benefit Group of Companies /s/ ▇▇▇▇▇ ▇▇ ▇▇. ▇▇▇▇▇▇ Street, Topeka, KS 66636-0001 ▇-▇▇▇-▇▇▇-▇▇▇▇ The variable annuity covered by this Secretary President o Flexible Purchase Payments o Investment Experience Reflected in Benefits o Variable Accumulation Values o Optional Variable or Fixed Dollar Annuity Payments o Annuity Payments to Begin on the Retirement Date o This Contract is the subject of a pending patent application in the United States Patent and Trademark Office. V6029 (8-00) -------------------------------------------------------------------------------- TABLE OF CONTENTS -------------------------------------------------------------------------------- Page Nonparticipating -- Dividends Are Not Payable [SSOB8B6FCC&L] 272876 A(12/03)] CONTRACT DATA PAGE........................................................ 3 DEFINITIONS............................................................... 4DATA

PLEASE READ YOUR CONTRACT CAREFULLY. It If the annuitant is a legal Contract between youliving on the Retirement Date, we will begin to pay you monthly annuity payments. Any payments made by us are subject to the Owner, and us, SBLterms of this contract. The Contract's table owner and beneficiary are as named in the application unless they are changed as provided for in this contract. We issue this contract in consideration of contents is on page 2. FREE LOOK PERIOD-RIGHT TO CANCEL YOU MAY RETURN THIS CONTRACT WITHIN 10 DAYS AFTER YOU RECEIVE IT. YOU MAY RETURN THE CONTRACT BY DELIVERING OR MAILING IT TO SBL. THIS CONTRACT WILL THEN BE DEEMED VOID FROM THE BEGINNING. NO WITHDRAWAL CHARGE WILL BE IMPOSED, AND WE WILL REFUND YOUR CONTRACT VALUE, INCLUDING ANY FEES AND/OR CHARGES FOR PREMIUM TAX THAT WERE DEDUCTED FROM THAT CONTRACT VALUE, LESS THE VALUE OF ANY CREDIT ENHANCEMENTS MADE INTO THE CONTRACT, AS OF THE DATE WE RECEIVE THE RETURNED CONTRACTyour application and the payment of the initial purchase payment. Signed for Security Benefit and issued by American Enterprise Life Insurance Company on of Indianapolis, Indiana, as of the Contract Datecontract date. ▇▇▇▇▇ ▇. ▇▇▇▇▇ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Secretary President A BRIEF DESCRIPTION OF THIS CONTRACT This is a FLEXIBLE PREMIUM DEFERRED VARIABLE ACCUMULATION VALUES AND ANNUITY CONTRACT. * Investment Experience is Reflected in Benefits * Variable and Fixed Accumulation Before the Annuity Start Date; Variable and Fixed Annuity Payments Thereafter * Death Benefit Proceeds are Payable Before the Annuity Start Date * This Contract is Non-Participating BENEFITS AND VALUES PROVIDED BY THIS CONTRACT MAY BE PAYMENTS, WHEN BASED ON A VARIABLE BASIS. AMOUNTS DIRECTED INTO ONE OR MORE THE INVESTMENT RESULTS OF THE SUBACCOUNTS WILL REFLECT THE INVESTMENT EXPERIENCE OF THOSE VARIABLE SUBACCOUNTS. THESE AMOUNTS MAY INCREASE OR DECREASE , ARE VARIABLE AND ARE NOT GUARANTEED AS TO FIXED DOLLAR AMOUNT. SEE THE VARIABLE ACCOUNT PROVISIONS. PAYMENTS AND VALUES BASED ON THE GUARANTEE PERIOD ACCOUNTS ARE SUBJECT TO A MARKET VALUE ADJUSTMENT FORMULA, THE OPERATION OF WHICH MAY RESULT IN UPWARD AND DOWNWARD ADJUSTMENTS IN AMOUNTS PAYABLE TO AN OWNER OR ANNUITANT, INCLUDING WITHDRAWALS, TRANSFERS AND AMOUNTS APPLIED TO PURCHASE AN ANNUITY. SEE THE WITHDRAWAL PROVISIONS SECTION FOR MARKET VALUE ADJUSTMENT PROVISIONS. NOTICE OF YOUR RIGHT TO EXAMINE THIS CONTRACT FOR 10 DAYS. If for any reason you are not satisfied with this contract, return it to us or our agent within 10 days after you receive it. We will then cancel this contract. Upon such cancellation we will refund an amount equal to the sum of: (SEE "CONTRACT VALUE AND EXPENSE PROVISIONS" AND "ANNUITY PAYMENT PROVISIONS" FOR DETAILS.1) [SBL LOGO] SECURITY BENEFIT LIFE INSURANCE COMPANY A Member the contract value, including any Market Value Adjustment, if applicable, and less any purchase payment credits, if applicable, at the end of The Security Benefit Group of Companies the Valuation Period during which we receive the contract; and (2) any premium tax charges paid. This contract will then be considered void from its start. /s/ Eric L. Marhoun /s/ Carol A. Holton Secret▇▇▇ ▇▇ ▇▇▇▇▇▇▇▇ Street, Topeka, KS 66636-0001 ▇-▇▇▇-▇▇▇-▇▇▇▇ The variable annuity covered by this President o Flexible Purchase Payments o Investment Experience Reflected in Benefits o Variable Accumulation Values o Optional Variable or Fixed Dollar Annuity Payments o Annuity Payments to Begin on the Retirement Date o This Contract is the subject of a pending patent application in the United States Patent and Trademark Office. V6029 (8-00) -------------------------------------------------------------------------------- TABLE OF CONTENTS -------------------------------------------------------------------------------- Page Nonparticipating -- Dividends Are Not Payable [SSOB8B6FCC&L] 272876 A(12/03)] CONTRACT DATA PAGE........................................................ 3 DEFINITIONS............................................................... 4DATA

PLEASE READ YOUR CONTRACT CAREFULLY. It is a legal Contract between you, the Owner, and us, SBL. The Contract's table of contents is on page 2. FREE LOOK PERIOD-RIGHT TO CANCEL YOU MAY RETURN THIS CONTRACT WITHIN 10 DAYS AFTER YOU RECEIVE IT. YOU MAY RETURN THE CONTRACT BY DELIVERING OR MAILING IT TO SBL. THIS CONTRACT WILL THEN BE DEEMED VOID FROM THE BEGINNING. NO WITHDRAWAL CHARGE WILL BE IMPOSED, AND WE WILL REFUND YOUR CONTRACT VALUE, INCLUDING ANY FEES AND/OR CHARGES FOR PREMIUM TAX THAT WERE DEDUCTED FROM THAT CONTRACT VALUE, LESS THE VALUE OF ANY CREDIT ENHANCEMENTS MADE INTO THE CONTRACT, AS OF THE DATE WE RECEIVE THE RETURNED CONTRACT. Signed for Security Benefit Life Insurance Company on the Contract Date. ▇▇▇▇▇ ▇. ▇▇▇▇▇ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ /s/ J Michael Keefer /s/ Kris A. Robbins -------------------- --------------------- Secretary President A BRIEF DESCRIPTION OF THIS CONTRACT This is a FLEXIBLE PREMIUM DEFERRED VARIABLE ANNUITY CONTRACT. * o Investment Experience is Reflected in Benefits * o Variable and Fixed Accumulation Before the Annuity Start Date; Variable and Fixed Annuity Payments Thereafter * o Death Benefit Proceeds are Payable Before the Annuity Start Date * o This Contract is Non-Participating BENEFITS AND VALUES PROVIDED BY THIS CONTRACT MAY BE ON A VARIABLE BASIS. AMOUNTS DIRECTED INTO ONE OR MORE OF THE SUBACCOUNTS WILL REFLECT THE INVESTMENT EXPERIENCE OF THOSE SUBACCOUNTS. THESE AMOUNTS MAY INCREASE OR DECREASE AND ARE NOT GUARANTEED AS TO DOLLAR AMOUNT. (SEE "CONTRACT VALUE AND EXPENSE PROVISIONS" AND "ANNUITY PAYMENT PROVISIONS" FOR DETAILS.) [SBL LOGO] SECURITY BENEFIT LIFE INSURANCE COMPANY A Member of The Security Benefit Group of Companies One Security Benefit Place, Topeka, KS 666▇▇-▇▇▇▇ 1-800-888-2461 The v▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Street, Topeka, KS 66636-0001 ▇-▇▇▇-▇▇▇-▇▇▇▇ The variable annuity y covered by this Contract is the subject of a pending patent application in the United States Patent and Trademark Office. V6029 (8V6029(11-00) -------------------------------------------------------------------------------- TABLE OF CONTENTS -------------------------------------------------------------------------------- Page CONTRACT DATA PAGE........................................................ 3 DEFINITIONS............................................................... 4

PLEASE READ YOUR CONTRACT CAREFULLY. It is a legal Contract between you, the Owner, owner and us, SBLthe Company. The Contract's table of contents is on page 2. FREE LOOK PERIOD-RIGHT TO CANCEL YOU IF FOR ANY REASON THE OWNER IS NOT SATISFIED WITH THIS CONTRACT, THE OWNER MAY RETURN THIS CONTRACT IT TO THE COMPANY WITHIN 10 DAYS AFTER YOU RECEIVE ITFROM THE DATE OF RECEIPT. YOU IT MAY RETURN THE CONTRACT BE RETURNED BY DELIVERING OR MAILING IT TO SBLTHE COMPANY. IF RETURNED, THIS CONTRACT WILL THEN SHALL BE DEEMED VOID FROM THE BEGINNINGCONTRACT DATE. NO WITHDRAWAL CHARGE WILL BE IMPOSED, AND WE THE COMPANY WILL REFUND YOUR ANY PURCHASE PAYMENTS MADE AND ALLOCATED TO THE FIXED ACCOUNT AND WILL REFUND SEPARATE ACCOUNT CONTRACT VALUE, INCLUDING ANY FEES AND/OR CHARGES FOR PREMIUM TAX THAT WERE DEDUCTED FROM THAT CONTRACT VALUE, LESS THE VALUE OF ANY CREDIT ENHANCEMENTS MADE INTO THE CONTRACT, AS OF THE DATE WE RECEIVE THE RETURNED CONTRACTPOLICY IS RECEIVED BY THE COMPANY. Signed for Security Benefit Life Insurance Company on the Contract DateSIGNED FOR THE SECURITY BENEFIT LIFE INSURANCE COMPANY ON THE CONTRACT DATE. ▇R▇▇▇▇ ▇. ▇V▇▇▇▇ ▇▇▇▇▇▇ ▇. ▇R. ▇▇▇▇▇▇ Secretary President A BRIEF DESCRIPTION OF THIS CONTRACT This is a FLEXIBLE PREMIUM DEFERRED VARIABLE ANNUITY CONTRACT. * Investment Experience is Reflected in Benefits * Variable and Fixed Accumulation Before CONTRACT *Purchase Payments may be made until the Annuity Start Date; Variable and Fixed Annuity Payments Thereafter * Death Benefit Proceeds are Payable Before earlier of the Annuity Start Date * or termination of the Contract. *A Death Benefit may be paid prior to the Annuity Start Date according to the Contract provisions. *Annuity Payments begin on the Annuity Start Date using the method specified in this Contract. *This Contract is Non-Participating BENEFITS Participating. ALL PAYMENTS AND VALUES PROVIDED BY THIS CONTRACT MAY BE CONTRACT, WHEN BASED ON A VARIABLE BASIS. AMOUNTS DIRECTED INTO ONE OR MORE OF THE SUBACCOUNTS WILL REFLECT THE INVESTMENT EXPERIENCE OF THOSE SUBACCOUNTS. THESE AMOUNTS THE SEPARATE ACCOUNT, ARE VARIABLE AND MAY INCREASE OR DECREASE AND IN ACCORDANCE WITH THE INVESTMENT EXPERIENCE OF THE SEPARATE ACCOUNT. THERE ARE NOT NO GUARANTEED AS TO DOLLAR AMOUNTMINIMUM PAYMENTS OR CASH VALUES. (SEE "CONTRACT VALUE AND EXPENSE PROVISIONS" AND "ANNUITY PAYMENT PROVISIONS" FOR DETAILS.) [SBL SBG LOGO] SECURITY BENEFIT LIFE INSURANCE COMPANY A Member of The Security Benefit Group of Companies ▇MEMBER OF THE SECURITY BENEFIT GROUP OF COMPANIES 7▇▇ ▇▇ ▇▇▇▇▇▇▇▇ StreetSTREET, TopekaTOPEKA, KS 66636-0001 ▇-1-▇▇▇-▇▇▇-▇▇▇▇ The variable annuity covered by this Contract is the subject of a pending patent application in the United States Patent and Trademark Office. V6029 (8-00) -------------------------------------------------------------------------------- TABLE OF CONTENTS -------------------------------------------------------------------------------- Page PAGE CONTRACT DATA PAGE........................................................ PROVISIONS 3 DEFINITIONS............................................................... 4DEFINITIONS 4 GENERAL PROVISIONS 7 THE CONTRACT 7 COMPLIANCE 7 MISSTATEMENT OF AGE 7 EVIDENCE OF SURVIVAL 7 INCONTESTABILITY 7 ASSIGNMENT 7 TRANSFERS 8 CLAIMS OF CREDITORS 8 NONFORFEITURE VALUES 8 PARTICIPATION 9 STATEMENTS 9 OWNERSHIP, ANNUITANT AND BENEFICARY PROVISIONS 9 OWNERSHIP 9 JOINT OWNERSHIP 9 ANNUITANT 9 PRIMARY AND CONTINGENT BENEFICIARIES 9 OWNERSHIP AND BENEFICIARY CHANGES 9 PURCHASE PAYMENT PROVISIONS 10 FLEXIBLE PURCHASE PAYMENTS 10 PURCHASE PAYMENT LIMITATIONS 10 PURCHASE PAYMENT ALLOCATION 1▇ ▇▇▇▇▇ ▇▇ ▇▇▇▇▇▇▇ ▇▇ CONTRACT VALUE AND EXPENSE PROVISIONS 10 CONTRACT VALUE 10 FIXED ACCOUNT CONTRACT VALUE 10 FIXED ACCOUNT INTEREST CREDITING 11 SEPARATE ACCOUNT CONTRACT VALUE 11 ACCUMULATION UNIT VALUE 11 NET INVESTMENT FACTOR 11 DETERMINING ACCUMULATION UNITS 12 MORTALITY AND EXPENSE RISK CHARGES 12 PREMIUM TAX EXPENSE 12 ADMINISTRATION CHARGE 12 MUTUAL FUND EXPENSES 12 WITHDRAWAL PROVISIONS 12 WITHDRAWALS 12, 13 WITHDRAWAL VALUE 13 WITHDRAWAL CHARGES 13 FREE WITHDRAWALS 13 SYSTEMATIC WITHDRAWALS 14 FREE SYSTEMATIC WITHDRAWALS 14 DISABILITY WAIVER 14 DATE OF REQUEST 14 PAYMENT OF WITHDRAWAL BENEFITS 14, 15 DEATH BENEFIT PROVISIONS 15 DEATH BENEFIT 15 PROOF OF DEATH 16 DISTRIBUTION RULES 16 ANNUITY PAYMENT PROVISIONS 16 ANNUITY START DATE 16, 17 CHANGE OF ANNUITY START DATE 17 ANNUITY START AMOUNT 17 WITHDRAWAL CHARGES 17 ANNUITY TABLES 17 ANNUITY PAYMENTS 17 CHANGE OF ANNUITY OPTION 18 FIXED ANNUITY PAYMENTS 18 VARIABLE ANNUITY PAYMENTS 18 ANNUITY UNITS 18 NET INVESTMENT FACTOR 18, 19 ALTERNATE ANNUITY OPTION RATES 19 ANNUITY OPTIONS 19, 20 ANNUITY TABLES 21, 22 AMENDMENTS OR ENDORSEMENTS, IF ANY PARKSTONE VARIABLE ANNUITY A BRIEF DESCRIPTION OF THIS CONTRACT This is a FLEXIBLE PREMIUM DEFERRED VARIABLE ANNUITY CONTRACT *Purchase Payments may be made until the earlier of the Annuity Start Date or termination of the Contract. *A Death Benefit may be paid prior to the Annuity Start Date according to the Contract provisions. *Annuity Payments begin on the Annuity Start Date using the method as specified in this Contract. *This Contract is Participating. ALL PAYMENTS AND VALUES PROVIDED BY THIS CONTRACT, WHEN BASED ON THE INVESTMENT EXPERIENCE OF THE SEPARATE ACCOUNT, ARE VARIABLE AND MAY INCREASE OR DECREASE IN ACCORDANCE WITH THE INVESTMENT EXPERIENCE OF THE SEPARATE ACCOUNT. THERE ARE NO GUARANTEED MINIMUM PAYMENTS OR CASH VALUES. (SEE "CONTRACT VALUE AND EXPENSE PROVISIONS" AND "ANNUITY PAYMENT PROVISIONS" FOR DETAILS.) [SBG LOGO] SECURITY BENEFIT LIFE INSURANCE COMPANY A Member of the Security Benefit Group of Companies 7▇▇ ▇▇ ▇▇▇▇▇▇▇▇, Topeka, KS 66636-000l 1-▇▇▇-▇▇▇-▇▇▇▇ DEFINITIONS (CONTINUED) SEPARATE ACCOUNT (CONTINUED) Income and realized and unrealized gains and losses from assets in the Separate Account are credited to, or charged against, the Separate account without regard to the income, gains or losses from the Company's general account or its other separate accounts. The Separate Account is divided into Subaccounts shown on page 3. Income and realized and unrealized gains and losses from assets in each Subaccount are credited to, or charged against, the Subaccount without regard to income, gains or losses in the other Subaccounts. The Company has the right to transfer to its general account any assets of the Separate Account that are in excess of the reserves and other contract liabilities with respect to the Separate Account. The value of the assets in the Separate Account on each Valuation Date is determined as of the end of each Valuation Date.

PLEASE READ YOUR CONTRACT CAREFULLY. It is a legal Contract between you, the Owner, Owner and us, SBLthe Company. The Contract's table of contents is on page 2. FREE LOOK PERIOD-RIGHT TO CANCEL YOU IF FOR ANY REASON THE OWNER IS NOT SATISFIED WITH THIS CONTRACT, HE OR SHE MAY RETURN THIS CONTRACT IT TO THE COMPANY WITHIN 10 DAYS AFTER YOU RECEIVE ITFROM THE DATE OF RECEIPT. YOU IT MAY RETURN THE CONTRACT BE RETURNED BY DELIVERING OR MAILING IT TO SBLTHE COMPANY. IF RETURNED, THIS CONTRACT WILL THEN SHALL BE DEEMED VOID FROM THE BEGINNINGCONTRACT DATE. NO WITHDRAWAL CHARGE WILL BE IMPOSED, AND WE THE COMPANY WILL REFUND YOUR SEPARATE ACCOUNT CONTRACT VALUE, INCLUDING ANY FEES AND/OR CHARGES FOR PREMIUM TAX THAT WERE DEDUCTED FROM THAT CONTRACT VALUE, LESS THE VALUE OF ANY CREDIT ENHANCEMENTS MADE INTO THE CONTRACT, AS OF THE DATE WE RECEIVE THE RETURNED CONTRACTPOLICY IS RECEIVED BY THE COMPANY. Signed for Security Benefit Life Insurance Company on the Contract Date. ▇▇▇▇▇ ▇. ▇▇▇▇▇ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Secretary President A BRIEF DESCRIPTION OF THIS CONTRACT This is a FLEXIBLE PREMIUM DEFERRED VARIABLE ANNUITY CONTRACT. * Investment Experience is Reflected in Benefits * Variable and Fixed Accumulation Before Purchase Payments may be made until the Annuity Start Date; Variable and Fixed Annuity Payments Thereafter * Death Benefit Proceeds are Payable Before earlier of the Annuity Start Date or termination of the Contract. * A Death Benefit may be paid prior to the Annuity Start Date according to the Contract provisions. * Annuity Payments begin on the Annuity Start Date using the method specified in this Contract. * This Contract is Non-Participating BENEFITS Participating. ALL PAYMENTS AND VALUES PROVIDED BY THIS CONTRACT MAY BE CONTRACT, ARE BASED ON A VARIABLE BASIS. AMOUNTS DIRECTED INTO ONE OR MORE OF THE SUBACCOUNTS WILL REFLECT THE INVESTMENT EXPERIENCE OF THOSE SUBACCOUNTS. THESE AMOUNTS THE SEPARATE ACCOUNT, ARE VARIABLE AND MAY INCREASE OR DECREASE AND IN ACCORDANCE WITH THE INVESTMENT EXPERIENCE OF THE SEPARATE ACCOUNT. THERE ARE NOT NO GUARANTEED AS TO DOLLAR AMOUNTMINIMUM PAYMENTS OR CASH VALUES. (SEE "CONTRACT VALUE AND EXPENSE PROVISIONS" AND "ANNUITY PAYMENT PROVISIONS" FOR DETAILS.) [SBL LOGO] SECURITY BENEFIT LIFE INSURANCE COMPANY A Member of The Security Benefit Group of Companies P.O. Box 750497, Topeka, KS 66675-0497 ▇▇▇ ▇▇ ▇▇▇▇▇▇▇▇ Street, Topeka, KS 66636-0001 ▇-▇▇▇-▇▇▇-▇▇▇▇ The variable annuity covered by this Contract is the subject of a pending patent application in the United States Patent and Trademark Office. V6029 Form V6026 (87-00) 98)U BP 602651 -------------------------------------------------------------------------------- TABLE OF CONTENTS -------------------------------------------------------------------------------- Page CONTRACT DATA PAGE........................................................ 3 DEFINITIONS............................................................... 4Page

PLEASE READ YOUR CONTRACT CAREFULLY. It is a legal Contract between you, the Owner, Owner and us, SBLthe Company. The Contract's table of contents is on page 2. FREE LOOK PERIOD-RIGHT TO CANCEL YOU IF FOR ANY REASON THE OWNER IS NOT SATISFIED WITH THIS CONTRACT, HE OR SHE MAY RETURN THIS CONTRACT IT TO THE COMPANY WITHIN 10 DAYS AFTER YOU RECEIVE ITFROM THE DATE OF RECEIPT. YOU IT MAY RETURN THE CONTRACT BE RETURNED BY DELIVERING OR MAILING IT TO SBLTHE COMPANY. IF RETURNED, THIS CONTRACT WILL THEN SHALL BE DEEMED VOID FROM THE BEGINNINGCONTRACT DATE. NO WITHDRAWAL CHARGE WILL BE IMPOSED, AND WE THE COMPANY WILL REFUND YOUR ANY PURCHASE PAYMENTS MADE AND ALLOCATED TO THE FIXED ACCOUNT AND WILL REFUND SEPARATE ACCOUNT CONTRACT VALUE, INCLUDING ANY FEES AND/OR CHARGES FOR PREMIUM TAX THAT WERE DEDUCTED FROM THAT CONTRACT VALUE, LESS THE VALUE OF ANY CREDIT ENHANCEMENTS MADE INTO THE CONTRACT, AS OF THE DATE WE RECEIVE THE RETURNED CONTRACTPOLICY IS RECEIVED BY THE COMPANY. Signed for Security Benefit Life Insurance Company on the Contract Date. ▇▇▇▇▇ ▇. ▇▇▇▇▇ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Secretary President A BRIEF DESCRIPTION OF THIS CONTRACT This is a FLEXIBLE PREMIUM DEFERRED VARIABLE ANNUITY CONTRACT. * Investment Experience is Reflected in Benefits * Variable and Fixed Accumulation Before Purchase Payments may be made until the earlier of the Annuity Start Date; Variable and Fixed Payout Date or termination of the Contract. * A Death Benefit may be paid prior to the Annuity Payout Date according to the Contract provisions. * Annuity Payments Thereafter * Death Benefit Proceeds are Payable Before begin on the Annuity Start Payout Date * This Contract is Non-Participating BENEFITS using the method specified in this Contract. ALL PAYMENTS AND VALUES PROVIDED BY THIS CONTRACT MAY BE CONTRACT, WHEN BASED ON A VARIABLE BASIS. AMOUNTS DIRECTED INTO ONE OR MORE OF THE SUBACCOUNTS WILL REFLECT THE INVESTMENT EXPERIENCE OF THOSE SUBACCOUNTS. THESE AMOUNTS THE SEPARATE ACCOUNT, ARE VARIABLE AND MAY INCREASE OR DECREASE AND IN ACCORDANCE WITH THE INVESTMENT EXPERIENCE OF THE SEPARATE ACCOUNT. THERE ARE NOT NO GUARANTEED AS TO DOLLAR AMOUNTMINIMUM PAYMENTS OR CASH VALUES. (SEE "CONTRACT VALUE AND EXPENSE PROVISIONS" AND "ANNUITY PAYMENT PROVISIONS" FOR DETAILS.) [SBL SBG LOGO] SECURITY BENEFIT LIFE INSURANCE COMPANY A Member of The Security Benefit Group of Companies P.O. Box 750440, Topeka, KS 66675-0440 ▇▇▇ ▇▇ ▇▇▇▇▇▇▇▇ Street, Topeka, KS 66636-0001 ▇-▇▇▇-▇▇▇-▇▇▇▇ The variable annuity covered by this Contract is the subject of a pending patent application in the United States Patent and Trademark Office. V6029 ▇-▇▇▇-▇▇▇-▇▇▇▇ FOR CUSTOMER SERVICE Form V6021 (84-0094) -------------------------------------------------------------------------------- TABLE OF CONTENTS -------------------------------------------------------------------------------- Page CONTRACT DATA PAGE........................................................ 3 DEFINITIONS............................................................... 4--------------------------------------------------------------------------------

PLEASE READ YOUR CONTRACT CAREFULLY. It is a legal Contract between you, the Owner, and us, SBLFSBL. The Contract's table of contents is on page 2. FREE LOOK PERIOD-RIGHT TO CANCEL IF FOR ANY REASON YOU ARE NOT SATISFIED WITH THE CONTRACT, YOU MAY RETURN THIS CONTRACT WITHIN 10 DAYS AFTER YOU RECEIVE ITIT (60 DAYS FROM THE DATE OF RECEIPT IF IT IS A REPLACEMENT CONTRACT). YOU MAY RETURN THE CONTRACT BY DELIVERING OR MAILING IT TO SBLFSBL. IF RETURNED, THIS CONTRACT WILL THEN BE DEEMED VOID FROM THE BEGINNING. NO WITHDRAWAL CHARGE WILL BE IMPOSED, AND WE WILL REFUND YOUR CONTRACT VALUE, INCLUDING ANY FEES AND/OR CHARGES FOR PREMIUM TAX THAT WERE DEDUCTED FROM THAT CONTRACT VALUE, LESS THE VALUE OF ANY CREDIT ENHANCEMENTS MADE INTO THE CONTRACT, AS OF THE DATE WE RECEIVE THE RETURNED CONTRACTCONTRACT IS DELIVERED TO FSBL, INCREASED BY ANY FEES OR OTHER CHARGES PAID. Signed for First Security Benefit Life Insurance and Annuity Company of New York on the Contract Date. ▇▇▇▇▇ ▇. ▇▇▇▇▇ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Secretary President /s/ J. Michael Keefer --------------------------------------- ------------------------------------ [Secretary] [President] A BRIEF DESCRIPTION OF THIS CONTRACT This is a FLEXIBLE PREMIUM DEFERRED VARIABLE ANNUITY CONTRACT. * Investment Experience is Reflected in Benefits * Variable and Fixed Accumulation Before Purchase Payments may be made until the Annuity Start Date; Variable and Fixed Annuity Payments Thereafter * Death Benefit Proceeds are Payable Before earlier of the Annuity Start Date or termination of the Contract * A death benefit may be paid prior to the Annuity Start Date according to the Contract provisions * Annuity Payments begin on the Annuity Start Date using the method specified in the Contract * This Contract is Nonnon-Participating participating and does not participate in FSBL's surplus * The smallest annual net rate of return that would have to be earned on the assets of the Separate Account so that the dollar amount of variable Annuity Payments would not decrease is 3 1/2%. The annual net rate of return is based upon the rate of return of the underlying mutual fund reduced by expenses of the Separate Account, including the maximum mortality and expense risk charge of 0.30%, the maximum administration charge of 0.60%, and any applicable rider charges. BENEFITS AND VALUES PROVIDED BY THIS CONTRACT MAY BE ON A VARIABLE BASIS. AMOUNTS DIRECTED INTO ONE OR MORE OF THE SUBACCOUNTS WILL REFLECT ARE BASED UPON THE INVESTMENT EXPERIENCE OF THOSE SUBACCOUNTSTHE SEPARATE ACCOUNT AND ARE VARIABLE. THESE AMOUNTS MAY INCREASE OR DECREASE AND ARE NOT GUARANTEED AS TO DOLLAR AMOUNT. (SEE "CONTRACT VALUE AND EXPENSE PROVISIONS" AND "ANNUITY PAYMENT BENEFIT PROVISIONS" FOR DETAILS.) [SBL LOGO] FIRST SECURITY BENEFIT LIFE INSURANCE AND ANNUITY COMPANY OF NEW YORK 70 West Red Oak Lane, White Plains, NY 1060▇ [▇-▇▇▇-355-4570] IF A Member of The Security Benefit Group of Companies CREDIT ENHANCEMENT RI▇▇▇ ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ StreetURCHASED, Topeka, KS 66636-0001 ▇-▇▇▇-▇▇▇-▇▇▇▇ The variable annuity covered by this Contract is the subject of a pending patent application in the United States Patent and Trademark OfficeFSBL WILL RECAPTURE THE AMOUNT OF ANY CREDIT ENHANCEMENT APPLIED DURING THE 12 MONTHS PRECEDING THE DATE OF THE OWNER'S DEATH. V6029 (8-00) -------------------------------------------------------------------------------- TABLE OF CONTENTS -------------------------------------------------------------------------------- Page CONTRACT DATA PAGE........................................................ ................................... 3 DEFINITIONS............................................................... .......................................... 4

PLEASE READ YOUR CONTRACT CAREFULLY. It is describes the terms of a legal Contract between you, the Owner, Owner and us, SBLthe Company. The Contract's table of contents is on page 2. FREE LOOK PERIOD-RIGHT TO CANCEL YOU IF FOR ANY REASON THE PARTICIPANT IS NOT SATISFIED WITH THIS CONTRACT, THE OWNER MAY RETURN CANCEL THIS CONTRACT BY MAILING IT TO THE COMPANY WITHIN 10 DAYS AFTER YOU RECEIVE ITFROM THE DATE OF RECEIPT. YOU MAY RETURN THE CONTRACT BY DELIVERING OR MAILING IT TO SBL. IF CANCELED, THIS CONTRACT WILL THEN SHALL BE DEEMED VOID FROM THE BEGINNINGCONTRACT DATE. NO WITHDRAWAL CHARGE WILL BE IMPOSED, AND WE THE COMPANY WILL REFUND YOUR ANY PURCHASE PAYMENTS MADE AND ALLOCATED TO THE GENERAL ACCOUNT AND WILL REFUND SEPARATE ACCOUNT CONTRACT VALUE, INCLUDING ANY FEES AND/OR CHARGES FOR PREMIUM TAX THAT WERE DEDUCTED FROM THAT CONTRACT VALUE, LESS THE VALUE OF ANY CREDIT ENHANCEMENTS MADE INTO THE CONTRACT, AS OF THE DATE WE RECEIVE THE RETURNED CONTRACTCONTRACT IS RECEIVED BY THE COMPANY. Signed for Security Benefit Life Insurance Company on the Contract Date. ▇▇▇▇▇ ▇. ▇▇▇▇▇ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Secretary President A BRIEF DESCRIPTION OF THIS CONTRACT This is a GROUP FLEXIBLE PREMIUM DEFERRED VARIABLE ANNUITY CONTRACT. * Investment Experience is Reflected In return for Purchase Payments, the Company will pay the annuity and other benefits as provided in Benefits this Contract. * Variable and Fixed Accumulation Before the Annuity Start Date; Variable and Fixed Annuity Payments Thereafter * Death Benefit Proceeds Individual allocations are Payable Before the Annuity Start Date maintained for Participants. * This Contract is Non-Participating BENEFITS Participating. ALL PAYMENTS AND VALUES PROVIDED BY THIS CONTRACT MAY BE THE CONTRACT, WHEN BASED ON A VARIABLE BASIS. AMOUNTS DIRECTED INTO ONE OR MORE OF THE SUBACCOUNTS WILL REFLECT THE INVESTMENT EXPERIENCE OF THOSE SUBACCOUNTS. THESE AMOUNTS THE SEPARATE ACCOUNT, ARE VARIABLE AND MAY INCREASE OR DECREASE AND IN ACCORDANCE WITH THE INVESTMENT EXPERIENCE OF THE SEPARATE ACCOUNT. THERE ARE NOT NO GUARANTEED AS TO DOLLAR AMOUNTMINIMUM PAYMENTS OR CASH VALUES. (SEE "CONTRACT VALUE AND EXPENSE PROVISIONS" AND "ANNUITY PAYMENT PROVISIONS" FOR DETAILS.) [SBL LOGO] SECURITY BENEFIT LIFE INSURANCE COMPANY A Member of The Security Benefit Group of Companies ▇▇▇ ▇▇ ▇▇▇▇▇▇▇▇ Street, Topeka, KS 66636-0001 ▇-▇▇▇-▇▇▇-▇▇▇▇ The variable annuity covered by this Contract is the subject of a pending patent application in the United States Patent and Trademark Office. V6029 GV6322 (8-00) 98)U BP 630AK1 -------------------------------------------------------------------------------- TABLE OF CONTENTS -------------------------------------------------------------------------------- Page CONTRACT DATA PAGE........................................................ 3 DEFINITIONS............................................................... 4

PLEASE READ YOUR CONTRACT CAREFULLY. It is a legal Contract between you, the Owner, and us, SBL. The Contract's table of contents is on page 2. FREE LOOK PERIOD-RIGHT TO CANCEL YOU MAY RETURN THIS CONTRACT WITHIN 10 DAYS AFTER YOU RECEIVE IT. YOU MAY RETURN THE CONTRACT BY DELIVERING OR MAILING IT TO SBL. THIS CONTRACT WILL THEN BE DEEMED VOID FROM THE BEGINNING. NO WITHDRAWAL CHARGE WILL BE IMPOSED, AND WE WILL REFUND YOUR CONTRACT VALUE, INCLUDING ANY FEES AND/OR CHARGES FOR PREMIUM TAX THAT WERE DEDUCTED FROM THAT CONTRACT VALUE, LESS THE VALUE OF ANY CREDIT ENHANCEMENTS MADE INTO THE CONTRACT, AS OF THE DATE WE RECEIVE THE RETURNED CONTRACT. Signed for Security Benefit Life Insurance Company on the Contract Date. ▇▇▇▇{J. Michael Keefer} {Kris A. Robbins} Secretary President ▇ ▇. ▇▇▇▇▇ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Secretary President A BRIEF DESCRIPTION PTION OF THIS CONTRACT This is a FLEXIBLE PREMIUM DEFERRED VARIABLE ANNUITY CONTRACT. * Investment Experience is Reflected in Benefits * Variable and Fixed Accumulation Before the Annuity Start Date; Variable and Fixed Annuity Payments Thereafter * Death Benefit Proceeds are Payable Before the Annuity Start Date * This Contract is Non-Participating BENEFITS AND VALUES PROVIDED BY THIS CONTRACT MAY BE ON A VARIABLE BASIS. AMOUNTS DIRECTED INTO ONE OR MORE OF THE SUBACCOUNTS WILL REFLECT THE INVESTMENT EXPERIENCE OF THOSE SUBACCOUNTS. THESE AMOUNTS MAY INCREASE OR DECREASE AND ARE NOT GUARANTEED AS TO DOLLAR AMOUNT. (SEE "CONTRACT VALUE AND EXPENSE PROVISIONS" AND "ANNUITY PAYMENT PROVISIONS" FOR DETAILS.) [SBL LOGO] SECURITY BENEFIT LIFE INSURANCE COMPANY A Member of The One Security Benefit Group of Companies ▇▇▇ ▇▇ ▇▇▇▇▇▇▇▇ StreetPlace, Topeka, KS 66636-0001 ▇1-▇▇▇800-▇▇▇888-▇▇▇▇ 2461 The variable annuity covered by this Contract is the subject Contra▇▇ ▇▇ ▇▇▇ ▇▇▇▇ect of a pending patent application in the United States Patent and Trademark Office. V6029 (811-00) 00)U -------------------------------------------------------------------------------- TABLE OF CONTENTS -------------------------------------------------------------------------------- Page CONTRACT DATA PAGE........................................................ 3 ................................... 25 DEFINITIONS............................................................... .......................................... 4

PLEASE READ YOUR CONTRACT CAREFULLY. It is a legal Contract between you, the Owner, Owner and us, SBLthe Company. The Contract's table of contents is on page 2. FREE LOOK PERIOD-RIGHT TO CANCEL YOU IF FOR ANY REASON THE OWNER IS NOT SATISFIED WITH THIS CONTRACT, HE OR SHE MAY RETURN THIS CONTRACT IT TO THE COMPANY WITHIN 10 DAYS AFTER YOU RECEIVE ITFROM THE DATE OF RECEIPT. YOU IT MAY RETURN THE CONTRACT BE RETURNED BY DELIVERING OR MAILING IT TO SBLTHE COMPANY. IF RETURNED, THIS CONTRACT WILL THEN SHALL BE DEEMED VOID FROM THE BEGINNINGCONTRACT DATE. NO WITHDRAWAL CHARGE WILL BE IMPOSED, AND WE THE COMPANY WILL REFUND YOUR ANY PURCHASE PAYMENTS MADE AND ALLOCATED TO THE FIXED ACCOUNT AND WILL REFUND SEPARATE ACCOUNT CONTRACT VALUE, INCLUDING ANY FEES AND/OR CHARGES FOR PREMIUM TAX THAT WERE DEDUCTED FROM THAT CONTRACT VALUE, LESS THE VALUE OF ANY CREDIT ENHANCEMENTS MADE INTO THE CONTRACT, AS OF THE DATE WE RECEIVE THE RETURNED CONTRACTPOLICY IS RECEIVED BY THE COMPANY. Signed for Security Benefit Life Insurance Company on the Contract Date. ROGER K. VIOLA ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Secretary President A BRIEF DESCRIPTION OF THIS CONTRACT This is a FLEXIBLE PREMIUM DEFERRED VARIABLE ANNUITY CONTRACT. * Investment Experience is Reflected in Benefits * Variable and Fixed Accumulation Before Purchase Payments may be made until the earlier of the Annuity Start Date; Variable and Fixed Payout Date or termination of the Contract. * A Death Benefit may be paid prior to the Annuity Payout Date according to the Contract provisions. * Annuity Payments Thereafter * Death Benefit Proceeds are Payable Before begin on the Annuity Start Payout Date * This Contract is Non-Participating BENEFITS using the method specified in this Contract. ALL PAYMENTS AND VALUES PROVIDED BY THIS CONTRACT MAY BE CONTRACT, WHEN BASED ON A VARIABLE BASIS. AMOUNTS DIRECTED INTO ONE OR MORE OF THE SUBACCOUNTS WILL REFLECT THE INVESTMENT EXPERIENCE OF THOSE SUBACCOUNTS. THESE AMOUNTS THE SEPARATE ACCOUNT, ARE VARIABLE AND MAY INCREASE OR DECREASE AND IN ACCORDANCE WITH THE INVESTMENT EXPERIENCE OF THE SEPARATE ACCOUNT. THERE ARE NOT NO GUARANTEED AS TO DOLLAR AMOUNTMINIMUM PAYMENTS OR CASH VALUES. (SEE "CONTRACT VALUE AND EXPENSE PROVISIONS" AND "ANNUITY PAYMENT PROVISIONS" FOR DETAILS.) [SBL SBG LOGO] SECURITY BENEFIT LIFE INSURANCE COMPANY A Member of The Security Benefit Group of Companies P.O. Box 750440, Topeka, KS 66675-0440 700 SW Harriso▇ ▇▇▇ ▇▇▇▇, ▇▇▇▇▇a, KS 66636-0001 1-800-888-2461 1-800-469-6587 ▇▇▇ ▇▇▇▇▇▇▇▇ Street, Topeka, KS 66636SERVICE Form V6021 (4-0001 ▇94) 15-▇▇▇60210-▇▇▇-▇▇▇▇ The variable annuity covered by this Contract is the subject of a pending patent application in the United States Patent and Trademark Office. V6029 (8-00) 00 -------------------------------------------------------------------------------- TABLE OF CONTENTS -------------------------------------------------------------------------------- Page CONTRACT DATA PAGE........................................................ 3 DEFINITIONS............................................................... 4--------------------------------------------------------------------------------

PLEASE READ YOUR CONTRACT CAREFULLY. It is a legal Contract between you, the Owner, Owner and us, SBLthe Company. The Contract's table of contents is on page 2. FREE LOOK PERIOD-RIGHT TO CANCEL YOU IF FOR ANY REASON THE OWNER IS NOT SATISFIED WITH THIS CONTRACT, HE OR SHE MAY RETURN THIS CONTRACT IT TO THE COMPANY WITHIN 10 DAYS AFTER YOU RECEIVE ITFROM THE DATE OF RECEIPT. YOU IT MAY RETURN THE CONTRACT BE RETURNED BY DELIVERING OR MAILING IT TO SBLTHE COMPANY. IF RETURNED, THIS CONTRACT WILL THEN SHALL BE DEEMED VOID FROM THE BEGINNINGCONTRACT DATE. NO WITHDRAWAL CHARGE WILL BE IMPOSED, AND WE THE COMPANY WILL REFUND YOUR ANY PURCHASE PAYMENTS MADE AND ALLOCATED TO THE FIXED ACCOUNT AND WILL REFUND SEPARATE ACCOUNT CONTRACT VALUE, INCLUDING ANY FEES AND/OR CHARGES FOR PREMIUM TAX THAT WERE DEDUCTED FROM THAT CONTRACT VALUE, LESS THE VALUE OF ANY CREDIT ENHANCEMENTS MADE INTO THE CONTRACT, AS OF THE DATE WE RECEIVE THE RETURNED CONTRACTPOLICY IS RECEIVED BY THE COMPANY. Signed for Security Benefit Life Insurance Company on the Contract Date. ▇▇▇▇▇ ▇. ▇▇▇▇▇ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Secretary President A BRIEF DESCRIPTION OF THIS CONTRACT This is a FLEXIBLE PREMIUM DEFERRED VARIABLE ANNUITY CONTRACT. * Investment Experience is Reflected in Benefits * Variable and Fixed Accumulation Before *Purchase Payments may be made until the Annuity Start Date; Variable and Fixed Annuity Payments Thereafter * Death Benefit Proceeds are Payable Before earlier of the Annuity Start Date * or termination of the Contract. *A Death Benefit may be paid prior to the Annuity Start Date according to the Contract provisions. *Annuity Payments begin on the Annuity Start Date using the method specified in this Contract. *This Contract is Non-Participating BENEFITS Participating. ALL PAYMENTS AND VALUES PROVIDED BY THIS CONTRACT MAY BE CONTRACT, WHEN BASED ON A VARIABLE BASIS. AMOUNTS DIRECTED INTO ONE OR MORE OF THE SUBACCOUNTS WILL REFLECT THE INVESTMENT EXPERIENCE OF THOSE SUBACCOUNTS. THESE AMOUNTS THE SEPARATE ACCOUNT, ARE VARIABLE AND MAY INCREASE OR DECREASE AND IN ACCORDANCE WITH THE INVESTMENT EXPERIENCE OF THE SEPARATE ACCOUNT. THERE ARE NOT NO GUARANTEED AS TO DOLLAR AMOUNTMINIMUM PAYMENTS OR CASH VALUES. (SEE "CONTRACT VALUE AND EXPENSE PROVISIONS" AND "ANNUITY PAYMENT PROVISIONS" FOR DETAILS.) [SBL LOGO] SECURITY BENEFIT LIFE INSURANCE COMPANY A Member of The Security Benefit Group of Companies ▇▇▇ ▇▇ ▇▇▇▇▇▇▇▇ Street, Topeka, KS 66636-0001 ▇-▇▇▇-▇▇▇-▇▇▇▇ The variable annuity covered by this Contract is the subject of a pending patent application in the United States Patent and Trademark Office. V6029 Form V6025 (81-0097) -------------------------------------------------------------------------------- TABLE OF CONTENTS -------------------------------------------------------------------------------- Page CONTRACT DATA PAGE........................................................ 3 DEFINITIONS............................................................... 4Page

PLEASE READ YOUR CONTRACT CAREFULLY. It is a legal Contract between you, the Owner, Owner and us, SBLthe Company. The Contract's table of contents is on page 2. FREE LOOK PERIOD-RIGHT TO CANCEL YOU IF FOR ANY REASON THE OWNER IS NOT SATISFIED WITH THIS CONTRACT, HE OR SHE MAY RETURN THIS CONTRACT IT TO THE COMPANY WITHIN 10 DAYS AFTER YOU RECEIVE ITFROM THE DATE OF RECEIPT. YOU IT MAY RETURN THE CONTRACT BE RETURNED BY DELIVERING OR MAILING IT TO SBLTHE COMPANY. IF RETURNED, THIS CONTRACT WILL THEN SHALL BE DEEMED VOID FROM THE BEGINNINGCONTRACT DATE. NO WITHDRAWAL CHARGE WILL BE IMPOSED, AND WE THE COMPANY WILL REFUND YOUR ANY PURCHASE PAYMENTS MADE AND ALLOCATED TO THE FIXED ACCOUNT AND WILL REFUND SEPARATE ACCOUNT CONTRACT VALUE, INCLUDING ANY FEES AND/OR CHARGES FOR PREMIUM TAX THAT WERE DEDUCTED FROM THAT CONTRACT VALUE, LESS THE VALUE OF ANY CREDIT ENHANCEMENTS MADE INTO THE CONTRACT, AS OF THE DATE WE RECEIVE THE RETURNED CONTRACTPOLICY IS RECEIVED BY THE COMPANY. Signed for Security Benefit Life Insurance Company on the Contract Date. ▇▇▇▇▇ ▇. ▇▇▇▇▇ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Secretary President A BRIEF DESCRIPTION OF THIS CONTRACT This is a FLEXIBLE PREMIUM DEFERRED VARIABLE ANNUITY CONTRACT. * Investment Experience is Reflected in Benefits * Variable and Fixed Accumulation Before Purchase Payments may be made until the earlier of the Annuity Start Date; Variable and Fixed Payout Date or termination of the Contract. * A Death Benefit may be paid prior to the Annuity Payout Date according to the Contract provisions. * Annuity Payments Thereafter * Death Benefit Proceeds are Payable Before begin on the Annuity Start Payout Date * This Contract is Non-Participating BENEFITS using the method specified in this Contract. ALL PAYMENTS AND VALUES PROVIDED BY THIS CONTRACT MAY BE CONTRACT, WHEN BASED ON A VARIABLE BASIS. AMOUNTS DIRECTED INTO ONE OR MORE OF THE SUBACCOUNTS WILL REFLECT THE INVESTMENT EXPERIENCE OF THOSE SUBACCOUNTS. THESE AMOUNTS THE SEPARATE ACCOUNT, ARE VARIABLE AND MAY INCREASE OR DECREASE AND IN ACCORDANCE WITH THE INVESTMENT EXPERIENCE OF THE SEPARATE ACCOUNT. THERE ARE NOT NO GUARANTEED AS TO DOLLAR AMOUNTMINIMUM PAYMENTS OR CASH VALUES. (SEE "CONTRACT VALUE AND EXPENSE PROVISIONS" AND "ANNUITY PAYMENT PROVISIONS" FOR DETAILS.) [SBL SBG LOGO] SECURITY BENEFIT LIFE INSURANCE COMPANY A Member of The Security Benefit Group of Companies P.O. Box 750440, Topeka, KS 66675-0440 ▇▇▇ ▇▇ ▇▇▇▇▇▇▇▇ Street, Topeka, KS 66636-0001 ▇-▇▇▇-▇▇▇-▇▇▇▇ The variable annuity covered by this Contract is the subject of a pending patent application in the United States Patent and Trademark Office. V6029 ▇-▇▇▇-▇▇▇-▇▇▇▇ FOR CUSTOMER SERVICE Form V6021 (84-0094) ▇▇-▇▇▇▇▇-▇▇ -------------------------------------------------------------------------------- TABLE OF CONTENTS -------------------------------------------------------------------------------- Page CONTRACT DATA PAGE........................................................ 3 DEFINITIONS............................................................... 4--------------------------------------------------------------------------------

PLEASE READ YOUR CONTRACT CAREFULLY. It If the annuitant is a legal Contract between youliving on the Retirement Date, we will begin to pay you monthly annuity payments. Any payments made by us are subject to the Owner, and us, SBLterms of this contract. The Contract's table owner and beneficiary are as named in the application unless they are changed as provided for in this contract. We issue this contract in consideration of contents is on page 2. FREE LOOK PERIOD-RIGHT TO CANCEL YOU MAY RETURN THIS CONTRACT WITHIN 10 DAYS AFTER YOU RECEIVE IT. YOU MAY RETURN THE CONTRACT BY DELIVERING OR MAILING IT TO SBL. THIS CONTRACT WILL THEN BE DEEMED VOID FROM THE BEGINNING. NO WITHDRAWAL CHARGE WILL BE IMPOSED, AND WE WILL REFUND YOUR CONTRACT VALUE, INCLUDING ANY FEES AND/OR CHARGES FOR PREMIUM TAX THAT WERE DEDUCTED FROM THAT CONTRACT VALUE, LESS THE VALUE OF ANY CREDIT ENHANCEMENTS MADE INTO THE CONTRACT, AS OF THE DATE WE RECEIVE THE RETURNED CONTRACTyour application and the payment of the initial purchase payment. Signed for Security Benefit and issued by American Enterprise Life Insurance Company on of Indianapolis, Indiana, as of the Contract Datecontract date. ACCUMULATION VALUES AND ANNUITY PAYMENTS, WHEN BASED ON THE INVESTMENT RESULTS OF THE VARIABLE SUBACCOUNTS, ARE VARIABLE AND NOT GUARANTEED AS TO FIXED DOLLAR AMOUNT. SEE THE VARIABLE ACCOUNT PROVISIONS. PAYMENTS AND VALUES BASED ON THE GUARANTEE PERIOD ACCOUNTS ARE SUBJECT TO A MARKET VALUE ADJUSTMENT FORMULA, THE OPERATION OF WHICH MAY RESULT IN UPWARD AND DOWNWARD ADJUSTMENTS IN AMOUNTS PAYABLE TO AN OWNER OR ANNUITANT, INCLUDING WITHDRAWALS, TRANSFERS AND AMOUNTS APPLIED TO PURCHASE AN ANNUITY. SEE THE WITHDRAWAL PROVISIONS SECTION FOR MARKET VALUE ADJUSTMENT PROVISIONS. NOTICE OF YOUR RIGHT TO EXAMINE THIS CONTRACT FOR 10 DAYS. If for any reason you are not satisfied with this contract, return it to us or our agent within 10 days after you receive it. We will then cancel this contract. Upon such cancellation we will refund an amount equal to the sum of: (1) the contract value, including any Market Value Adjustment, if applicable, and less any purchase payment credits, if applicable, at the end of the Valuation Period during which we receive the contract; and (2) any premium tax charges paid. This contract will then be considered void from its start. /s/ [Illegible] /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Secretary President A BRIEF DESCRIPTION OF THIS CONTRACT This is a FLEXIBLE PREMIUM DEFERRED VARIABLE ANNUITY CONTRACT. * Flexible Purchase Payments Investment Experience is Reflected in Benefits * Optional Fixed Dollar or Variable Accumulation Values and Fixed Accumulation Before the Annuity Start Date; Variable and Fixed Annuity Payments Thereafter * Death Benefit Proceeds are Payable Before Annuity Payments to Begin on the Annuity Start Retirement Date * This Contract is Non-Participating BENEFITS Nonparticipating -- Dividends Are Not Payable 273954 A (5/06) GUIDE TO CONTRACT PROVISIONS DEFINITIONS Important words and meanings Page 3 OWNERSHIP AND VALUES PROVIDED BY THIS CONTRACT MAY BE ON A VARIABLE BASIS. AMOUNTS DIRECTED INTO ONE OR MORE OF THE SUBACCOUNTS WILL REFLECT THE INVESTMENT EXPERIENCE OF THOSE SUBACCOUNTS. THESE AMOUNTS MAY INCREASE OR DECREASE AND ARE NOT GUARANTEED AS TO DOLLAR AMOUNT. (SEE "BENEFICIARY Owner rights; Change of ownership; Beneficiary; Change of Page 6 Beneficiary; Assignment PURCHASE PAYMENTS Purchase payments; Payment limits; Allocations of Page 8 purchase payments, Purchase Payment Credits CONTRACT VALUE Describes the One-Year FixedAccount; Dollar Cost Averaging Page 9 (DCA) Fixed Account, Guarantee Period Account and variable account contract values; Interest to be credited; Contract administrative charge; Premium taxes; Transfers of contract values; Dollar Cost Averaging FIXED, GUARANTEE PERIOD Describes the One-Year Fixed Account , DCA Fixed Account; Page 10 AND EXPENSE PROVISIONS" AND "VARIABLE ACCOUNTS Describes Guarantee Period Accounts and interest credited; Describes the variable subaccounts accumulation units and values; Net investment factor; Mortality and expense risk charge; Variable account administrative charge; Annuity unit value WITHDRAWAL PROVISIONS Contract withdrawal for its withdrawal value; Rules for withdrawal; Page 13 Withdrawal charges; Waiver of withdrawal charges; Market Value Adjustment ANNUITY PAYMENT PROVISIONS" FOR DETAILS.) [SBL LOGO] SECURITY BENEFIT LIFE INSURANCE COMPANY A Member PROVISIONS When annuity payments begin; Different ways to receive annuity Page 16 payments; Determination of The Security Benefit Group payment amounts TABLES OF ANNUITY RATES Tables showing the amount of Companies ▇▇▇ ▇▇ ▇▇▇▇▇▇▇▇ Street, Topeka, KS 66636-0001 ▇-▇▇▇-▇▇▇-▇▇▇▇ The the first variable annuity covered by this Contract is payment Page 18 and the subject of a pending patent application in guaranteed fixed annuity payments for the United States Patent and Trademark Office. V6029 (8-00) -------------------------------------------------------------------------------- TABLE OF CONTENTS -------------------------------------------------------------------------------- Page CONTRACT DATA PAGE........................................................ 3 DEFINITIONS............................................................... 4various payment plans

PLEASE READ YOUR CONTRACT CAREFULLY. It is a legal Contract between youthe Owner and the Company, the Owner, and us, SBLSecurity Benefit Life Insurance Company. The Contract's table of contents is on page 2. FREE LOOK PERIOD-RIGHT TO CANCEL YOU MAY RETURN THIS CONTRACT MAY BE RETURNED WITHIN 10 DAYS AFTER YOU RECEIVE IT. YOU MAY RETURN THE CONTRACT RECEIVING IT BY DELIVERING OR MAILING IT TO SBLTHE HOME OFFICE OR THE AGENT THROUGH WHOM IT WAS PURCHASED. THIS IMMEDIATELY ON SUCH DELIVERY OR MAILING, THE CONTRACT WILL THEN SHALL BE DEEMED VOID FROM THE BEGINNING. NO WITHDRAWAL CHARGE ANY PURCHASE PAYMENTS PAID AND ALLOCATED TO THE FIXED ACCOUNT WILL BE IMPOSED, AND WE REFUNDED. THE VARIABLE ACCOUNT CONTRACT VALUE WILL REFUND YOUR CONTRACT VALUE, INCLUDING ANY FEES AND/OR CHARGES FOR PREMIUM TAX THAT WERE DEDUCTED FROM THAT CONTRACT VALUE, LESS THE VALUE OF ANY CREDIT ENHANCEMENTS MADE INTO THE CONTRACT, BE REFUNDED AS OF THE DATE WE RECEIVE THE RETURNED CONTRACTCONTRACT IS RECEIVED BY THE COMPANY. Signed for Security Benefit Life Insurance Company on the Contract DateANY FEES OR CHARGES ON PURCHASE PAYMENTS PAID AND ALLOCATED TO THE VARIABLE ACCOUNT WILL BE REFUNDED. SIGNED FOR SECURITY BENEFIT LIFE INSURANCE COMPANY ON THE CONTRACT DATE. ▇▇▇▇▇ ▇. ▇▇▇▇▇ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Secretary President A BRIEF DESCRIPTION OF THIS CONTRACT This is a FLEXIBLE PREMIUM PURCHASE PAYMENT DEFERRED VARIABLE ANNUITY CONTRACT. CONTRACT * Investment Experience is Reflected in Benefits * Variable and Fixed Accumulation Before Purchase Payments may be made until the Annuity Start Date; Variable and Fixed Annuity Payments Thereafter * Death Benefit Proceeds are Payable Before earlier of the Annuity Start Date or termination of the Contract. * A Death Benefit may be paid prior to the Annuity Start Date according to the contract provisions. * Annuity Payments begin on the Annuity Start Date using the method as specified in this Contract. * This Contract is Non-Participating BENEFITS a participating Contract. ALL PAYMENTS AND VALUES PROVIDED BY THIS CONTRACT MAY BE CONTRACT, WHEN BASED ON A VARIABLE BASIS. AMOUNTS DIRECTED INTO ONE OR MORE OF THE SUBACCOUNTS WILL REFLECT THE INVESTMENT EXPERIENCE OF THOSE SUBACCOUNTS. THE VARIABLE ACCOUNT, ARE VARIABLE AND THESE DOLLAR AMOUNTS MAY INCREASE OR DECREASE AND ARE NOT GUARANTEED AS TO DOLLAR AMOUNTGUARANTEED. (SEE "CONTRACT VALUE AND EXPENSE PROVISIONS" AND "ANNUITY PAYMENT PROVISIONS" FOR DETAILS.) [SBL LOGOLOGL] SECURITY BENEFIT LIFE INSURANCE COMPANY Security Benefit Life Insurance Company A Member of The Security Benefit Group of Companies ▇▇▇ ▇▇ 700 ▇▇▇▇▇▇▇▇ Street▇, Topeka, KS 66636-0001 ▇-▇▇▇-▇▇▇-▇▇▇▇ The variable annuity covered by this Contract is the subject of a pending patent application in the United States Patent and Trademark Office. V6029 Form V6020-1 (8R4-0094) -------------------------------------------------------------------------------- ▇▇-▇▇▇▇▇-▇▇ BP 602PP1 TABLE OF CONTENTS -------------------------------------------------------------------------------- Page CONTRACT DATA PAGE........................................................ 3 DEFINITIONS............................................................... 4CONTENTS

PLEASE READ YOUR CONTRACT CAREFULLY. It is a legal Contract between you, the Owner, and us, SBL. The Contract's table of contents is on page 2. FREE LOOK PERIOD-RIGHT TO CANCEL YOU MAY RETURN THIS CONTRACT WITHIN 10 DAYS AFTER YOU RECEIVE IT. YOU MAY RETURN THE CONTRACT BY DELIVERING OR MAILING IT TO SBL. THIS CONTRACT WILL THEN BE DEEMED VOID FROM THE BEGINNING. NO WITHDRAWAL CHARGE WILL BE IMPOSED, AND WE WILL REFUND YOUR CONTRACT VALUE, INCLUDING ANY FEES AND/OR CHARGES FOR PREMIUM TAX THAT WERE DEDUCTED FROM THAT CONTRACT VALUE, LESS THE VALUE OF ANY CREDIT ENHANCEMENTS MADE INTO THE CONTRACT, AS OF THE DATE WE RECEIVE THE RETURNED CONTRACT. Signed for Security Benefit Life Insurance Company on the Contract Date. ROGER K. VIOLA ▇▇▇S A. ROBBINS ▇▇▇▇▇ ▇. ▇▇▇▇▇ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Secretary etary President A BRIEF DESCRIPTION OF THIS CONTRACT This is a FLEXIBLE PREMIUM DEFERRED VARIABLE ANNUITY CONTRACT. * Investment Experience is Reflected in Benefits * Variable and Fixed Accumulation Before the Annuity Start Date; Variable and Fixed Annuity Payments Thereafter * Death Benefit Proceeds are Payable Before the Annuity Start Date * This Contract is Non-Participating BENEFITS AND VALUES PROVIDED BY THIS CONTRACT MAY BE ON A VARIABLE BASIS. AMOUNTS DIRECTED INTO ONE OR MORE OF THE SUBACCOUNTS WILL REFLECT THE INVESTMENT EXPERIENCE OF THOSE SUBACCOUNTS. THESE AMOUNTS MAY INCREASE OR DECREASE AND ARE NOT GUARANTEED AS TO DOLLAR AMOUNT. (SEE "CONTRACT VALUE AND EXPENSE PROVISIONS" AND "ANNUITY PAYMENT PROVISIONS" FOR DETAILS.) [SBL SECURITY BENEFIT LOGO] SECURITY BENEFIT LIFE INSURANCE COMPANY A Member of The Security Benefit Group of Companies 700 SW Harrison Stree▇, ▇▇▇▇▇▇, ▇▇ ▇6636-0001 1-800-888-2461 The v▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Street, Topeka, KS 66636-0001 ▇-▇▇▇-▇▇▇-▇▇▇▇ The variable annuity y covered by this Contract is the subject of a pending patent application in the United States Patent and Trademark Office. V6029 (8-00) -------------------------------------------------------------------------------- TABLE OF CONTENTS -------------------------------------------------------------------------------- Page CONTRACT DATA PAGE........................................................ ................................... 3 DEFINITIONS............................................................... .......................................... 4

PLEASE READ YOUR CONTRACT CAREFULLY. It is a legal Contract between you, the Owner, and us, SBL. The Contract's table of contents is on page 2. FREE LOOK PERIOD-RIGHT TO CANCEL YOU MAY RETURN THIS CONTRACT WITHIN 10 DAYS AFTER YOU RECEIVE IT. YOU MAY RETURN THE CONTRACT BY DELIVERING OR MAILING IT TO SBL. THIS CONTRACT WILL THEN BE DEEMED VOID FROM THE BEGINNING. NO WITHDRAWAL CHARGE WILL BE IMPOSED, AND WE WILL REFUND YOUR CONTRACT VALUE, INCLUDING ANY FEES AND/OR CHARGES FOR PREMIUM TAX THAT WERE DEDUCTED FROM THAT CONTRACT VALUE, LESS THE VALUE OF ANY CREDIT ENHANCEMENTS MADE INTO THE CONTRACT, AS OF THE DATE WE RECEIVE THE RETURNED CONTRACT. Signed for Security Benefit Life Insurance Company on the Contract Date. ▇▇▇▇▇ ▇. ▇▇▇▇▇ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ /s/ R___ K. V_____ K___ A. ______ Secretary President A BRIEF DESCRIPTION OF THIS CONTRACT This is a FLEXIBLE PREMIUM DEFERRED VARIABLE ANNUITY CONTRACT. * Investment Experience is Reflected in Benefits * Variable and Fixed Accumulation Before the Annuity Start Date; Variable and Fixed Annuity Payments Thereafter * Death Benefit Proceeds are Payable Before the Annuity Start Date * This Contract is Non-Participating BENEFITS AND VALUES PROVIDED BY THIS CONTRACT MAY BE ON A VARIABLE BASIS. AMOUNTS DIRECTED INTO ONE OR MORE OF THE SUBACCOUNTS WILL REFLECT THE INVESTMENT EXPERIENCE OF THOSE SUBACCOUNTS. THESE AMOUNTS MAY INCREASE OR DECREASE AND ARE NOT GUARANTEED AS TO DOLLAR AMOUNT. (SEE "CONTRACT VALUE AND EXPENSE PROVISIONS" AND "ANNUITY PAYMENT PROVISIONS" FOR DETAILS.) [SBL LOGOlogo] SECURITY BENEFIT LIFE INSURANCE COMPANY A Member of The Security Benefit Group of Companies ▇▇▇ ▇▇ 700 SW Harrison Street, ▇▇▇▇▇▇, ▇▇ Street, Topeka, KS 66636-0001 ▇-▇▇▇636-▇▇▇-▇▇▇▇ The variable annuity covered by this Contract is the subject of a pending patent application in the United States Patent and Trademark Office. V6029 (8-00) -------------------------------------------------------------------------------- TABLE OF CONTENTS -------------------------------------------------------------------------------- Page CONTRACT DATA PAGE........................................................ 3 DEFINITIONS............................................................... 40001

PLEASE READ YOUR CONTRACT CAREFULLY. It is a legal Contract between you, the Owner, Owner and us, SBLthe Company. The Contract's table of contents is on page 2. FREE LOOK PERIOD-RIGHT TO CANCEL YOU IF FOR ANY REASON THE OWNER IS NOT SATISFIED WITH THIS CONTRACT, HE OR SHE MAY RETURN THIS CONTRACT IT TO THE COMPANY WITHIN 10 DAYS AFTER YOU RECEIVE ITFROM THE DATE OF RECEIPT. YOU IT MAY RETURN THE CONTRACT BE RETURNED BY DELIVERING OR MAILING IT TO SBLTHE COMPANY. IF RETURNED, THIS CONTRACT WILL THEN SHALL BE DEEMED VOID FROM THE BEGINNINGCONTRACT DATE. NO WITHDRAWAL CHARGE WILL BE IMPOSED, AND WE THE COMPANY WILL REFUND YOUR SEPARATE ACCOUNT CONTRACT VALUE, INCLUDING ANY FEES AND/OR CHARGES FOR PREMIUM TAX THAT WERE DEDUCTED FROM THAT CONTRACT VALUE, LESS THE VALUE OF ANY CREDIT ENHANCEMENTS MADE INTO THE CONTRACT, AS OF THE DATE WE RECEIVE THE RETURNED CONTRACTPOLICY IS RECEIVED BY THE COMPANY. Signed for Security Benefit Life Insurance Company on the Contract Date. ▇▇▇▇▇ ▇. ▇▇▇▇▇ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Secretary President A BRIEF DESCRIPTION OF THIS CONTRACT This is a FLEXIBLE PREMIUM DEFERRED VARIABLE ANNUITY CONTRACT. * Investment Experience is Reflected in Benefits * Variable and Fixed Accumulation Before Purchase Payments may be made until the Annuity Start Date; Variable and Fixed Annuity Payments Thereafter * Death Benefit Proceeds are Payable Before earlier of the Annuity Start Date or termination of the Contract. * A Death Benefit may be paid prior to the Annuity Start Date according to the Contract provisions. * Annuity Payments begin on the Annuity Start Date using the method specified in this Contract. * This Contract is Non-Participating BENEFITS Participating. ALL PAYMENTS AND VALUES PROVIDED BY THIS CONTRACT MAY BE CONTRACT, ARE BASED ON A VARIABLE BASIS. AMOUNTS DIRECTED INTO ONE OR MORE OF THE SUBACCOUNTS WILL REFLECT THE INVESTMENT EXPERIENCE OF THOSE SUBACCOUNTS. THESE AMOUNTS THE SEPARATE ACCOUNT, ARE VARIABLE AND MAY INCREASE OR DECREASE AND IN ACCORDANCE WITH THE INVESTMENT EXPERIENCE OF THE SEPARATE ACCOUNT. THERE ARE NOT NO GUARANTEED AS TO DOLLAR AMOUNTMINIMUM PAYMENTS OR CASH VALUES. (SEE "CONTRACT VALUE AND EXPENSE PROVISIONS" AND "ANNUITY PAYMENT PROVISIONS" FOR DETAILS.) [SBL LOGO] SECURITY BENEFIT LIFE INSURANCE COMPANY A Member of The Security Benefit Group of Companies P.O. Box 750497, Topeka, KS 66675-0497 ▇▇▇ ▇▇ ▇▇▇▇▇▇▇▇ Street, Topeka, KS 66636-0001 ▇-▇▇▇-▇▇▇-▇▇▇▇ The variable annuity covered by this Contract is the subject of a pending patent application in the United States Patent and Trademark Office. V6029 Form V6026 (87-0098) BP 602611 -------------------------------------------------------------------------------- TABLE OF CONTENTS -------------------------------------------------------------------------------- Page CONTRACT DATA PAGE........................................................ 3 DEFINITIONS............................................................... 4Page

PLEASE READ YOUR CONTRACT CAREFULLY. It is a legal Contract between you, the Owner, and us, SBL. The Contract's table of contents is on page 2. FREE LOOK PERIOD-RIGHT TO CANCEL YOU MAY RETURN THIS CONTRACT WITHIN 10 DAYS AFTER YOU RECEIVE IT. YOU MAY RETURN THE CONTRACT BY DELIVERING OR MAILING IT TO SBL. THIS CONTRACT WILL THEN BE DEEMED VOID FROM THE BEGINNING. NO WITHDRAWAL CHARGE WILL BE IMPOSED, AND WE WILL REFUND YOUR CONTRACT VALUE, INCLUDING ANY FEES AND/OR CHARGES FOR PREMIUM TAX THAT WERE DEDUCTED FROM THAT CONTRACT VALUE, LESS THE VALUE OF ANY CREDIT ENHANCEMENTS MADE INTO THE CONTRACT, AS OF THE DATE WE RECEIVE THE RETURNED CONTRACT. Signed for Security Benefit Life Insurance Company on the Contract Date. /s/ J. MICHAEL KEEFER /▇/ ▇▇▇▇ ▇. ▇▇▇▇▇ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ A. ROBBINS --------------------- --------------------- Secretary President A BRIEF DESCRIPTION OF THIS CONTRACT This is a FLEXIBLE PREMIUM DEFERRED VARIABLE ANNUITY CONTRACT. * o Investment Experience is Reflected in Benefits * o Variable and Fixed Accumulation Before the Annuity Start Date; Variable and Fixed Annuity Payments Thereafter * o Death Benefit Proceeds are Payable Before the Annuity Start Date * o This Contract is Non-Participating BENEFITS AND VALUES PROVIDED BY THIS CONTRACT MAY BE ON A VARIABLE BASIS. AMOUNTS DIRECTED INTO ONE OR MORE OF THE SUBACCOUNTS WILL REFLECT THE INVESTMENT EXPERIENCE OF THOSE SUBACCOUNTS. THESE AMOUNTS MAY INCREASE OR DECREASE AND ARE NOT GUARANTEED AS TO DOLLAR AMOUNT. (SEE "CONTRACT VALUE AND EXPENSE PROVISIONS" AND "ANNUITY PAYMENT PROVISIONS" FOR DETAILS.) [SBL LOGO] SECURITY BENEFIT LIFE INSURANCE COMPANY A Member of The Security Benefit Group of Companies One Security Benefit Place, Topeka, KS 666▇▇-▇▇▇▇ 1-800-888-2461 T▇▇ ▇▇▇▇▇▇▇▇ Street, Topeka, KS 66636-0001 ▇-▇▇▇-▇▇▇-▇▇▇▇ The variable annuity nuity covered by this Contract is the subject of a pending patent application in the United States Patent and Trademark Office. V6029 (8V6029(11-00) -------------------------------------------------------------------------------- 00)U TABLE OF CONTENTS -------------------------------------------------------------------------------- Page CONTRACT DATA PAGE........................................................ 3 DEFINITIONS............................................................... 4Page

PLEASE READ YOUR CONTRACT CAREFULLY. It is a legal Contract between you, the Owner, Owner and us, SBLthe Company. The Contract's table of contents is on page 2. FREE LOOK PERIOD-RIGHT TO CANCEL YOU IF FOR ANY REASON THE OWNER IS NOT SATISFIED WITH THIS CONTRACT, HE OR SHE MAY RETURN THIS CONTRACT IT TO THE COMPANY WITHIN 10 30 DAYS AFTER YOU RECEIVE ITFROM THE DATE OF RECEIPT. YOU IT MAY RETURN THE CONTRACT BE RETURNED BY DELIVERING OR MAILING IT TO SBLTHE COMPANY. IF RETURNED, THIS CONTRACT WILL THEN SHALL BE DEEMED VOID FROM THE BEGINNINGCONTRACT DATE. NO WITHDRAWAL CHARGE WILL BE IMPOSED, AND WE THE COMPANY WILL REFUND YOUR (I) ANY PURCHASE PAYMENTS MADE AND ALLOCATED TO THE FIXED ACCOUNT; AND (II) SEPARATE ACCOUNT CONTRACT VALUE, INCLUDING ANY FEES AND/OR CHARGES FOR PREMIUM TAX THAT WERE DEDUCTED FROM THAT CONTRACT VALUE, LESS THE VALUE OF ANY CREDIT ENHANCEMENTS MADE INTO THE CONTRACT, AS OF THE DATE WE RECEIVE THE RETURNED CONTRACTPOLICY IS POSTMARKED FOR RETURN TO THE COMPANY, INCREASED BY ANY FEES OR OTHER CHARGES PAID. Signed for First Security Benefit Life Insurance and Annuity Company of New York on the Contract Date. ROGER K. VIOLA ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Secretary President A BRIEF DESCRIPTION OF THIS CONTRACT This is a FLEXIBLE PREMIUM DEFERRED VARIABLE ANNUITY CONTRACT. * Investment Experience is Reflected in Benefits * Variable and Fixed Accumulation Before *Purchase Payments may be made until the earlier of the Annuity Start Date; Variable and Fixed Payout Date or termination of the Contract. *A Death Benefit may be paid prior to the Annuity Payout Date according to the Contract provisions. *Annuity Payments Thereafter * Death Benefit Proceeds are Payable Before begin on the Annuity Start Payout Date * This using the method specified in this Contract. *The smallest annual rate of investment return that would have to be earned on the assets of the Separate Account so that the dollar amount of Variable Annuity Payments will not decrease is 3 1/2%. A daily charge corresponding to an annual charge of .55% is applied to the assets of the Separate Account by the Company. Please refer to the "Contract is Non-Participating BENEFITS Value and Expense Provisions" beginning on page 10. ALL PAYMENTS AND VALUES PROVIDED BY THIS CONTRACT MAY BE CONTRACT, WHEN BASED ON A VARIABLE BASIS. AMOUNTS DIRECTED INTO ONE OR MORE OF THE SUBACCOUNTS WILL REFLECT THE INVESTMENT EXPERIENCE OF THOSE SUBACCOUNTS. THESE AMOUNTS THE SEPARATE ACCOUNT, ARE VARIABLE AND MAY INCREASE OR DECREASE AND IN ACCORDANCE WITH THE INVESTMENT EXPERIENCE OF THE SEPARATE ACCOUNT. THERE ARE NOT NO GUARANTEED AS TO DOLLAR AMOUNTMINIMUM PAYMENTS OR CASH VALUES. (SEE "CONTRACT VALUE AND EXPENSE PROVISIONS" AND "ANNUITY PAYMENT PROVISIONS" FOR DETAILS.) [SBL LOGO] FIRST SECURITY BENEFIT LIFE INSURANCE AND ANNUITY COMPANY A Member of The Security Benefit Group of Companies OF NEW YORK 70 West Red Oak ▇▇▇▇, ▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ Street, Topeka, KS 66636-0001 ▇-▇▇▇-▇▇▇-▇▇▇▇ The variable annuity covered by this Contract is the subject of a pending patent application in the United States Patent and Trademark Office. V6029 ▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ (8R11-0096) -------------------------------------------------------------------------------- BP 2010P1 TABLE OF CONTENTS -------------------------------------------------------------------------------- Page PAGE CONTRACT DATA PAGE........................................................ SPECIFICATIONS ................................................ 3 DEFINITIONS............................................................... DEFINITIONS ............................................................ 4-6

PLEASE READ YOUR CONTRACT CAREFULLY. It is a legal Contract between you, the Owner, and us, SBLFSBL. The Contract's table of contents is on page 2. FREE LOOK PERIOD-RIGHT TO CANCEL IF FOR ANY REASON YOU ARE NOT SATISFIED WITH THE CONTRACT, YOU MAY RETURN THIS CONTRACT WITHIN 10 DAYS AFTER YOU RECEIVE ITIT (60 DAYS FROM THE DATE OF RECEIPT IF IT IS A REPLACEMENT CONTRACT). YOU MAY RETURN THE CONTRACT BY DELIVERING OR MAILING IT TO SBLFSBL. IF RETURNED, THIS CONTRACT WILL THEN BE DEEMED VOID FROM THE BEGINNING. NO WITHDRAWAL CHARGE WILL BE IMPOSED, AND WE WILL REFUND YOUR CONTRACT VALUE, INCLUDING ANY FEES AND/OR CHARGES FOR PREMIUM TAX THAT WERE DEDUCTED FROM THAT CONTRACT VALUE, LESS THE VALUE OF ANY CREDIT ENHANCEMENTS MADE INTO THE CONTRACT, AS OF THE DATE WE RECEIVE THE RETURNED CONTRACTCONTRACT IS DELIVERED TO FSBL, INCREASED BY ANY FEES OR OTHER CHARGES PAID. Signed for First Security Benefit Life Insurance and Annuity Company of New York on the Contract Date. ▇▇▇▇▇ ROGER ▇. ▇▇▇▇▇ ▇▇▇▇ ▇. KRIS A. ▇▇▇▇▇▇▇ Secretary President A BRIEF DESCRIPTION OF THIS CONTRACT This is a FLEXIBLE PREMIUM DEFERRED VARIABLE ANNUITY CONTRACT. * Investment Experience is Reflected in Benefits * Variable and Fixed Accumulation Before Purchase Payments may be made until the Annuity Start Date; Variable and Fixed Annuity Payments Thereafter * Death Benefit Proceeds are Payable Before earlier of the Annuity Start Date or termination of the Contract * A death benefit may be paid prior to the Annuity Start Date according to the Contract provisions * Annuity Payments begin on the Annuity Start Date using the method specified in the Contract * This Contract is Nonnon-Participating participating and does not participate in FSBL's surplus * The smallest annual net rate of return that would have to be earned on the assets of the Separate Account so that the dollar amount of variable Annuity Payments would not decrease is 3 1/2%. The annual net rate of return is based upon the rate of return of the underlying mutual fund reduced by expenses of the Separate Account, including the mortality and expense risk and administrative charges. BENEFITS AND VALUES PROVIDED BY THIS CONTRACT MAY BE ON A VARIABLE BASIS. AMOUNTS DIRECTED INTO ONE OR MORE OF THE SUBACCOUNTS WILL REFLECT ARE BASED UPON THE INVESTMENT EXPERIENCE OF THOSE SUBACCOUNTSTHE SEPARATE ACCOUNT AND ARE VARIABLE. THESE AMOUNTS MAY INCREASE OR DECREASE AND ARE NOT GUARANTEED AS TO DOLLAR AMOUNT. (SEE "CONTRACT VALUE AND EXPENSE PROVISIONS" AND "ANNUITY PAYMENT PROVISIONS" FOR DETAILS.) [SBL FSBL LOGO] FIRST SECURITY BENEFIT LIFE INSURANCE AND ANNUITY COMPANY A Member of The Security Benefit Group of Companies OF NEW YORK 70 Wes▇ ▇▇▇ ▇▇▇ ▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇ Street, Topeka, KS 66636-0001 ▇-▇▇▇▇▇ 1-800-▇▇▇-▇▇▇▇ The variable annuity covered by this Contract is the subject of a pending patent application in the United States Patent and Trademark Office. V6029 ▇▇▇▇16 (810-00) 01)U -------------------------------------------------------------------------------- TABLE OF CONTENTS -------------------------------------------------------------------------------- Page CONTRACT DATA PAGE........................................................ 3 DEFINITIONS............................................................... 4Page

PLEASE READ YOUR CONTRACT CAREFULLY. It is a legal Contract between youthe Owner and the Company, the Owner, and us, SBLSecurity Benefit Life Insurance Company. The Contract's table of contents is on page 2. FREE LOOK PERIOD-RIGHT TO CANCEL YOU MAY RETURN THIS CONTRACT MAY BE RETURNED WITHIN 10 DAYS AFTER YOU RECEIVE IT. YOU MAY RETURN THE CONTRACT RECEIVING IT BY DELIVERING OR MAILING IT TO SBLTHE HOME OFFICE OR THE AGENT THROUGH WHOM IT WAS PURCHASED. THIS IMMEDIATELY ON SUCH DELIVERY OR MAILING, THE CONTRACT WILL THEN SHALL BE DEEMED VOID FROM THE BEGINNING. NO WITHDRAWAL CHARGE ANY PURCHASE PAYMENTS PAID AND ALLOCATED TO THE FIXED ACCOUNT WILL BE IMPOSED, AND WE REFUNDED. THE VARIABLE ACCOUNT CONTRACT VALUE WILL REFUND YOUR CONTRACT VALUE, INCLUDING ANY FEES AND/OR CHARGES FOR PREMIUM TAX THAT WERE DEDUCTED FROM THAT CONTRACT VALUE, LESS THE VALUE OF ANY CREDIT ENHANCEMENTS MADE INTO THE CONTRACT, BE REFUNDED AS OF THE DATE WE RECEIVE THE RETURNED CONTRACTCONTRACT IS RECEIVED BY THE COMPANY. Signed for Security Benefit Life Insurance Company on the Contract DateANY FEES OR CHARGES ON PURCHASE PAYMENTS PAID AND ALLOCATED TO THE VARIABLE ACCOUNT WILL BE REFUNDED. SIGNED FOR SECURITY BENEFIT LIFE INSURANCE COMPANY ON THE CONTRACT DATE. ▇▇▇▇▇ ▇. ▇▇▇▇▇ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Secretary President A BRIEF DESCRIPTION OF THIS CONTRACT This is a FLEXIBLE PREMIUM PURCHASE PAYMENT DEFERRED VARIABLE ANNUITY CONTRACT. CONTRACT * Investment Experience is Reflected in Benefits * Variable and Fixed Accumulation Before Purchase Payments may be made until the Annuity Start Date; Variable and Fixed Annuity Payments Thereafter * Death Benefit Proceeds are Payable Before earlier of the Annuity Start Date or termination of the Contract. * A Death Benefit may be paid prior to the Annuity Start Date according to the contract provisions. * Annuity Payments begin on the Annuity Start Date using the method as specified in this Contract. * This Contract is Non-Participating BENEFITS a participating Contract. ALL PAYMENTS AND VALUES PROVIDED BY THIS CONTRACT MAY BE CONTRACT, WHEN BASED ON A VARIABLE BASIS. AMOUNTS DIRECTED INTO ONE OR MORE OF THE SUBACCOUNTS WILL REFLECT THE INVESTMENT EXPERIENCE OF THOSE SUBACCOUNTS. THE VARIABLE ACCOUNT, ARE VARIABLE AND THESE DOLLAR AMOUNTS MAY INCREASE OR DECREASE AND ARE NOT GUARANTEED AS TO DOLLAR AMOUNTGUARANTEED. (SEE "CONTRACT VALUE AND EXPENSE PROVISIONS" AND "ANNUITY PAYMENT PROVISIONS" FOR DETAILS.) [SBL LOGOLOGL] SECURITY BENEFIT LIFE INSURANCE COMPANY Security Benefit Life Insurance Company A Member of The Security Benefit Group of Companies ▇▇▇ ▇▇ 700 ▇▇▇▇▇▇▇▇ Street▇, Topeka, KS 66636-0001 ▇-▇▇▇-▇▇▇-▇▇▇▇ The variable annuity covered by this Contract is the subject of a pending patent application in the United States Patent and Trademark Office. V6029 Form V6020 (8R4-0094) -------------------------------------------------------------------------------- ▇▇-▇▇▇▇▇-▇▇ BP 602001 TABLE OF CONTENTS -------------------------------------------------------------------------------- Page CONTRACT DATA PAGE........................................................ 3 DEFINITIONS............................................................... 4CONTENTS

PLEASE READ YOUR CONTRACT CAREFULLY. It is a legal Contract between you, the Owner, owner and us, SBLthe Company. The Contract's table of contents is on page 2. FREE LOOK PERIOD-RIGHT TO CANCEL YOU IF FOR ANY REASON THE OWNER IS NOT SATISFIED WITH THIS CONTRACT, THE OWNER MAY RETURN THIS CONTRACT IT TO THE COMPANY WITHIN 10 DAYS AFTER YOU RECEIVE ITFROM THE DATE OF RECEIPT. YOU IT MAY RETURN THE CONTRACT BE RETURNED BY DELIVERING OR MAILING IT TO SBLTHE COMPANY. IF RETURNED, THIS CONTRACT WILL THEN SHALL BE DEEMED VOID FROM THE BEGINNINGCONTRACT DATE. NO WITHDRAWAL CHARGE WILL BE IMPOSED, AND WE THE COMPANY WILL REFUND YOUR ANY PURCHASE PAYMENTS MADE AND ALLOCATED TO THE FIXED ACCOUNT AND WILL REFUND SEPARATE ACCOUNT CONTRACT VALUE, INCLUDING ANY FEES AND/OR CHARGES FOR PREMIUM TAX THAT WERE DEDUCTED FROM THAT CONTRACT VALUE, LESS THE VALUE OF ANY CREDIT ENHANCEMENTS MADE INTO THE CONTRACT, AS OF THE DATE WE RECEIVE THE RETURNED CONTRACTPOLICY IS RECEIVED BY THE COMPANY. Signed for Security Benefit Life Insurance Company on the Contract DateSIGNED FOR THE SECURITY BENEFIT LIFE INSURANCE COMPANY ON THE CONTRACT DATE. ▇R▇▇▇▇ ▇. ▇V▇▇▇▇ ▇▇▇▇▇▇ ▇. ▇R. ▇▇▇▇▇▇ Secretary President A BRIEF DESCRIPTION OF THIS CONTRACT This is a FLEXIBLE PREMIUM DEFERRED VARIABLE ANNUITY CONTRACT. * Investment Experience is Reflected in Benefits * Variable and Fixed Accumulation Before CONTRACT *Purchase Payments may be made until the Annuity Start Date; Variable and Fixed Annuity Payments Thereafter * Death Benefit Proceeds are Payable Before earlier of the Annuity Start Date * or termination of the Contract. *A Death Benefit may be paid prior to the Annuity Start Date according to the Contract provisions. *Annuity Payments begin on the Annuity Start Date using the method specified in this Contract. *This Contract is Non-Participating BENEFITS Participating. ALL PAYMENTS AND VALUES PROVIDED BY THIS CONTRACT MAY BE CONTRACT, WHEN BASED ON A VARIABLE BASIS. AMOUNTS DIRECTED INTO ONE OR MORE OF THE SUBACCOUNTS WILL REFLECT THE INVESTMENT EXPERIENCE OF THOSE SUBACCOUNTS. THESE AMOUNTS THE SEPARATE ACCOUNT, ARE VARIABLE AND MAY INCREASE OR DECREASE AND IN ACCORDANCE WITH THE INVESTMENT EXPERIENCE OF THE SEPARATE ACCOUNT. THERE ARE NOT NO GUARANTEED AS TO DOLLAR AMOUNTMINIMUM PAYMENTS OR CASH VALUES. (SEE "CONTRACT VALUE AND EXPENSE PROVISIONS" AND "ANNUITY PAYMENT PROVISIONS" FOR DETAILS.) [SBL SBG LOGO] SECURITY BENEFIT LIFE INSURANCE COMPANY A Member of The Security Benefit Group of Companies ▇MEMBER OF THE SECURITY BENEFIT GROUP OF COMPANIES 7▇▇ ▇▇ ▇▇▇▇▇▇▇▇ StreetSTREET, TopekaTOPEKA, KS 66636-0001 ▇-1-▇▇▇-▇▇▇-▇▇▇▇ The variable annuity covered by this Contract is the subject of a pending patent application in the United States Patent and Trademark Office. V6029 (8-00) -------------------------------------------------------------------------------- TABLE OF CONTENTS -------------------------------------------------------------------------------- Page PAGE CONTRACT DATA PAGE........................................................ SPECIFICATIONS 3 DEFINITIONS............................................................... 4DEFINITIONS 4 GENERAL PROVISIONS 7 THE CONTRACT 7 COMPLIANCE 7 MISSTATEMENT OF AGE 7 EVIDENCE OF SURVIVAL 7 INCONTESTABILITY 7 ASSIGNMENT 7 TRANSFERS 8 CLAIMS OF CREDITORS 8 NONFORFEITURE VALUES 8 PARTICIPATION 9 STATEMENTS 9 OWNERSHIP, ANNUITANT AND BENEFICIARY PROVISIONS 9 OWNERSHIP 9 JOINT OWNERSHIP 9 ANNUITANT 9 PRIMARY AND CONTINGENT BENEFICIARIES 9 OWNERSHIP AND BENEFICIARY CHANGES 9 PURCHASE PAYMENT PROVISIONS 10 FLEXIBLE PURCHASE PAYMENTS 10 PURCHASE PAYMENT LIMITATIONS 10 PURCHASE PAYMENT ALLOCATION 1▇ ▇▇▇▇▇ ▇▇ ▇▇▇▇▇▇▇ ▇▇ CONTRACT VALUE AND EXPENSE PROVISIONS 10 CONTRACT VALUE 10 FIXED ACCOUNT CONTRACT VALUE 10 FIXED ACCOUNT INTEREST CREDITING 11 SEPARATE ACCOUNT CONTRACT VALUE 11 ACCUMULATION UNIT VALUE 11 NET INVESTMENT FACTOR 11 DETERMINING ACCUMULATION UNITS 12 MORTALITY AND EXPENSE RISK CHARGE 12 PREMIUM TAX EXPENSE 12 ADMINISTRATION CHARGE 12 MUTUAL FUND EXPENSES 12 WITHDRAWAL PROVISIONS 12 WITHDRAWALS 12, 13 WITHDRAWAL VALUE 13 WITHDRAWAL CHARGES 13 FREE WITHDRAWALS 13 SYSTEMATIC WITHDRAWALS 14 FREE SYSTEMATIC WITHDRAWALS 14 DISABILITY WAIVER 14 DATE OF REQUEST 14 PAYMENT OF WITHDRAWAL BENEFITS 14, 15 DEATH BENEFIT PROVISIONS 15 DEATH BENEFIT 15 PROOF OF DEATH 16 DISTRIBUTION RULES 16 ANNUITY PAYMENT PROVISIONS 16 ANNUITY START DATE 16, 17 CHANGE OF ANNUITY START DATE 17 ANNUITY START AMOUNT 17 WITHDRAWAL CHARGES 17 ANNUITY TABLES 17 ANNUITY PAYMENTS 17 CHANGE OF ANNUITY OPTION 18 FIXED ANNUITY PAYMENTS 18 VARIABLE ANNUITY PAYMENTS 18 ANNUITY UNITS 18 NET INVESTMENT FACTOR 18, 19 ALTERNATE ANNUITY OPTION RATES 19 ANNUITY OPTIONS 19, 20 ANNUITY TABLES 21, 22 AMENDMENTS OR ENDORSEMENTS, IF ANY DEFINITIONS SEPARATE ACCOUNT Income and realized and unrealized gains and losses from assets in the Separate Account are credited to, or charged against, the Separate account without regard to the income, gains or losses from the Company's general account or its other separate account. The Separate Account is divided into Subaccounts shown on page 3. Income and realized and unrealized gains and losses from assets in each Subaccount are credited to, or charged against, the Subaccount without regard to income, gains or losses in the other Subaccounts. The Company has the right to transfer to its general account any assets of the Separate Account that are in excess of the reserves and other Contract liabilities with respect to the Separate Account. The value of the assets in the Separate Account on each Valuation Date is determined as of the end of each Valuation Date.

PLEASE READ YOUR CONTRACT CAREFULLY. It If the annuitant is a legal Contract between youliving on the Retirement Date, we will begin to pay you monthly annuity payments. Any payments made by us are subject to the Owner, and us, SBLterms of this contract. The Contract's table owner and beneficiary are as named in the application unless they are changed as provided for in this contract. We issue this contract in consideration of contents is on page 2. FREE LOOK PERIOD-RIGHT TO CANCEL YOU MAY RETURN THIS CONTRACT WITHIN 10 DAYS AFTER YOU RECEIVE IT. YOU MAY RETURN THE CONTRACT BY DELIVERING OR MAILING IT TO SBL. THIS CONTRACT WILL THEN BE DEEMED VOID FROM THE BEGINNING. NO WITHDRAWAL CHARGE WILL BE IMPOSED, AND WE WILL REFUND YOUR CONTRACT VALUE, INCLUDING ANY FEES AND/OR CHARGES FOR PREMIUM TAX THAT WERE DEDUCTED FROM THAT CONTRACT VALUE, LESS THE VALUE OF ANY CREDIT ENHANCEMENTS MADE INTO THE CONTRACT, AS OF THE DATE WE RECEIVE THE RETURNED CONTRACTyour application and the payment of the purchase payments. Signed for Security Benefit and issued by American Enterprise Life Insurance Company on of Indianapolis, Indiana, as of the Contract Datecontract date. ▇▇▇▇▇ ▇. ▇▇▇▇▇ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Secretary President A BRIEF DESCRIPTION OF THIS CONTRACT This is a FLEXIBLE PREMIUM DEFERRED VARIABLE ACCUMULATION VALUES AND ANNUITY CONTRACT. * Investment Experience is Reflected in Benefits * Variable and Fixed Accumulation Before the Annuity Start Date; Variable and Fixed Annuity Payments Thereafter * Death Benefit Proceeds are Payable Before the Annuity Start Date * This Contract is Non-Participating BENEFITS AND VALUES PROVIDED BY THIS CONTRACT MAY BE PAYMENTS, WHEN BASED ON A VARIABLE BASIS. AMOUNTS DIRECTED INTO ONE OR MORE THE INVESTMENT RESULTS OF THE SUBACCOUNTS WILL REFLECT THE INVESTMENT EXPERIENCE OF THOSE SUBACCOUNTS. THESE AMOUNTS MAY INCREASE OR DECREASE SEPARATE ACCOUNT, ARE VARIABLE AND ARE NOT GUARANTEED AS TO FIXED DOLLAR AMOUNT. SEE PAGE 12 FOR VARIABLE PROVISIONS. PAYMENTS AND VALUES BASED ON THE GUARANTEE PERIOD ACCOUNTS ARE SUBJECT TO A MARKET VALUE ADJUSTMENT FORMULA, THE OPERATION OF WHICH MAY RESULT IN UPWARD AND DOWNWARD ADJUSTMENTS IN AMOUNTS PAYABLE TO AN OWNER OR ANNUITANT, INCLUDING WITHDRAWALS, TRANSFERS AND AMOUNTS APPLIED TO PURCHASE AN ANNUITY. SEE PAGE 14 FOR MARKET VALUE ADJUSTMENT PROVISIONS. NOTICE OF YOUR RIGHT TO EXAMINE THIS CONTRACT FOR 10 DAYS. If for any reason you are not satisfied with this contract, return it to us or our agent within 10 days after you receive it. We will then cancel this contract. Upon such cancellation we will refund an amount equal to the sum of: (SEE "CONTRACT VALUE AND EXPENSE PROVISIONS" AND "ANNUITY PAYMENT PROVISIONS" FOR DETAILS.1) [SBL LOGO] SECURITY BENEFIT LIFE INSURANCE COMPANY A Member the contract value, including any Market Value Adjustment, if applicable, at the end of The Security Benefit Group of Companies the Valuation Period during which we receive the contract; and (2) any premium tax charges paid. This contract will then be considered void from its start. /s/ Teresa J. Rasmussen /▇▇▇ ▇▇ ▇▇▇▇▇▇▇▇ Street, Topeka, KS 66636-0001 ▇-▇▇▇-▇▇▇-▇▇▇▇ The variable annuity covered by this / Carol A. Holton ----------------------- ------------------- Teresa J. Rasmussen Carol A. Holton Secretary President o Flexible Purchase Payments o Investment Experience Reflected in Benefits o Optional Fixed Dollar or Variable Accumulation Values and Annuity Payments o Annuity Payments to Begin on the Retirement Date o This Contract is the subject of a pending patent application in the United States Patent and Trademark Office. V6029 (8-00) -------------------------------------------------------------------------------- TABLE OF CONTENTS -------------------------------------------------------------------------------- Page CONTRACT DATA PAGE........................................................ 3 DEFINITIONS............................................................... 4Nonparticipating -- Dividends Are Not Payable Guide to Contract Provisions

PLEASE READ YOUR CONTRACT CAREFULLY. It is a legal Contract between you, the Owner, and us, SBL. The Contract's table of contents is on page 2. FREE LOOK PERIOD-RIGHT TO CANCEL YOU MAY RETURN THIS CONTRACT WITHIN 10 DAYS AFTER YOU RECEIVE IT. YOU MAY RETURN THE CONTRACT BY DELIVERING OR MAILING IT TO SBL. THIS CONTRACT WILL THEN BE DEEMED VOID FROM THE BEGINNING. NO WITHDRAWAL CHARGE WILL BE IMPOSED, AND WE WILL REFUND YOUR CONTRACT VALUE, INCLUDING ANY FEES AND/OR CHARGES FOR PREMIUM TAX THAT WERE DEDUCTED FROM THAT CONTRACT VALUE, LESS THE VALUE OF ANY CREDIT ENHANCEMENTS MADE INTO THE CONTRACT, AS OF THE DATE WE RECEIVE THE RETURNED CONTRACT. Signed for Security Benefit Life Insurance Company on the Contract Date. [▇. ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ ▇] [▇▇▇▇ ▇. ▇▇▇▇▇▇▇ ▇] Secretary President A BRIEF DESCRIPTION OF THIS CONTRACT This is a FLEXIBLE PREMIUM DEFERRED VARIABLE ANNUITY CONTRACT. * Investment Experience is Reflected in Benefits * Variable and Fixed Accumulation Before the Annuity Start Date; Variable and Fixed Annuity Payments Thereafter * Death Benefit Proceeds are Payable Before the Annuity Start Date * This Contract is Non-Participating BENEFITS AND VALUES PROVIDED BY THIS CONTRACT MAY BE ON A VARIABLE BASIS. AMOUNTS DIRECTED INTO ONE OR MORE OF THE SUBACCOUNTS WILL REFLECT THE INVESTMENT EXPERIENCE OF THOSE SUBACCOUNTS. THESE AMOUNTS MAY INCREASE OR DECREASE AND ARE NOT GUARANTEED AS TO DOLLAR AMOUNT. (SEE "CONTRACT VALUE AND EXPENSE PROVISIONS" AND "ANNUITY PAYMENT PROVISIONS" FOR DETAILS.) [SBL LOGO] WITHDRAWALS FROM THE FIXED ACCOUNT MAY BE SUBJECT TO A MARKET VALUE ADJUSTMENT. SECURITY BENEFIT LIFE INSURANCE COMPANY A Member of The Security Benefit Group of Companies [One Security Benefit Place, ▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇-▇▇▇▇ Street, Topeka, KS 66636-0001 ▇-▇▇▇-▇▇▇-▇▇▇▇ ▇] The variable annuity covered by this Contract is the subject of a pending patent application in the United States Patent and Trademark Office. V6029 (8-00) -------------------------------------------------------------------------------- TABLE OF CONTENTS -------------------------------------------------------------------------------- Page CONTRACT DATA PAGE........................................................ ................................... 3 DEFINITIONS............................................................... .......................................... 4

PLEASE READ YOUR CONTRACT CAREFULLY. It is a legal Contract between you, the Owner, and us, SBL. The Contract's table of contents is on page 2. FREE LOOK PERIOD-RIGHT TO CANCEL YOU MAY RETURN THIS CONTRACT WITHIN 10 DAYS AFTER YOU RECEIVE IT. YOU MAY RETURN THE CONTRACT BY DELIVERING OR MAILING IT TO SBL. THIS CONTRACT WILL THEN BE DEEMED VOID FROM THE BEGINNING. NO WITHDRAWAL CHARGE WILL BE IMPOSED, AND WE WILL REFUND YOUR CONTRACT VALUE, INCLUDING ANY FEES AND/OR CHARGES FOR PREMIUM TAX THAT WERE DEDUCTED FROM THAT CONTRACT VALUE, LESS THE VALUE OF ANY CREDIT ENHANCEMENTS MADE INTO THE CONTRACT, AS OF THE DATE WE RECEIVE THE RETURNED CONTRACT. Signed for Security Benefit Life Insurance Company on the Contract Date. ▇▇▇▇▇ ▇. ▇▇▇▇▇ ▇▇▇▇ ▇. ROGER K. VIOLA KRIS A. ROBBINS ▇▇▇▇▇▇▇ Secretary ▇▇y President A BRIEF DESCRIPTION OF THIS CONTRACT This is a FLEXIBLE PREMIUM DEFERRED VARIABLE ANNUITY CONTRACT. * Investment Experience is Reflected in Benefits * Variable and Fixed Accumulation Before the Annuity Start Date; Variable and Fixed Annuity Payments Thereafter * Death Benefit Proceeds are Payable Before the Annuity Start Date * This Contract is Non-Participating BENEFITS AND VALUES PROVIDED BY THIS CONTRACT MAY BE ON A VARIABLE BASIS. AMOUNTS DIRECTED INTO ONE OR MORE OF THE SUBACCOUNTS WILL REFLECT THE INVESTMENT EXPERIENCE OF THOSE SUBACCOUNTS. THESE AMOUNTS MAY INCREASE OR DECREASE AND ARE NOT GUARANTEED AS TO DOLLAR AMOUNT. (SEE "CONTRACT VALUE AND EXPENSE PROVISIONS" AND "ANNUITY PAYMENT PROVISIONS" FOR DETAILS.) [SBL LOGO] SECURITY BENEFIT LIFE INSURANCE COMPANY A Member of The Security Benefit Group of Companies 700 SW Harrison Stree▇, ▇▇▇▇▇▇, ▇▇ ▇6636-0001 1-800-888-2461 T▇▇ ▇▇▇▇▇▇▇▇ Street, Topeka, KS 66636-0001 ▇-▇▇▇-▇▇▇-▇▇▇▇ The variable annuity nuity covered by this Contract is the subject of a pending patent application in the United States Patent and Trademark Office. V6029 (811-00) 00)U -------------------------------------------------------------------------------- TABLE OF CONTENTS -------------------------------------------------------------------------------- Page CONTRACT DATA PAGE........................................................ 3 DEFINITIONS............................................................... 4

PLEASE READ YOUR CONTRACT CAREFULLY. It If the annuitant is a legal Contract between youliving on the Retirement Date, we will begin to pay you monthly annuity payments. Any payments made by us are subject to the Owner, and us, SBLterms of this contract. The Contract's table owner and beneficiary are as named in the application unless they are changed as provided for in this contract. We issue this contract in consideration of contents is on page 2. FREE LOOK PERIOD-RIGHT TO CANCEL YOU MAY RETURN THIS CONTRACT WITHIN 10 DAYS AFTER YOU RECEIVE IT. YOU MAY RETURN THE CONTRACT BY DELIVERING OR MAILING IT TO SBL. THIS CONTRACT WILL THEN BE DEEMED VOID FROM THE BEGINNING. NO WITHDRAWAL CHARGE WILL BE IMPOSED, AND WE WILL REFUND YOUR CONTRACT VALUE, INCLUDING ANY FEES AND/OR CHARGES FOR PREMIUM TAX THAT WERE DEDUCTED FROM THAT CONTRACT VALUE, LESS THE VALUE OF ANY CREDIT ENHANCEMENTS MADE INTO THE CONTRACT, AS OF THE DATE WE RECEIVE THE RETURNED CONTRACTyour application and the payment of the initial purchase payment. Signed for Security Benefit and issued by American Enterprise Life Insurance Company on of Indianapolis, Indiana, as of the Contract Datecontract date. ▇▇▇▇▇ ▇. ▇▇▇▇▇ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Secretary President A BRIEF DESCRIPTION OF THIS CONTRACT This is a FLEXIBLE PREMIUM DEFERRED VARIABLE ACCUMULATION VALUES AND ANNUITY CONTRACT. * Investment Experience is Reflected in Benefits * Variable and Fixed Accumulation Before the Annuity Start Date; Variable and Fixed Annuity Payments Thereafter * Death Benefit Proceeds are Payable Before the Annuity Start Date * This Contract is Non-Participating BENEFITS AND VALUES PROVIDED BY THIS CONTRACT MAY BE PAYMENTS, WHEN BASED ON A VARIABLE BASIS. AMOUNTS DIRECTED INTO ONE OR MORE THE INVESTMENT RESULTS OF THE SUBACCOUNTS WILL REFLECT THE INVESTMENT EXPERIENCE OF THOSE VARIABLE SUBACCOUNTS. THESE AMOUNTS MAY INCREASE OR DECREASE , ARE VARIABLE AND ARE NOT GUARANTEED AS TO FIXED DOLLAR AMOUNT. SEE THE VARIABLE ACCOUNT PROVISIONS. PAYMENTS AND VALUES BASED ON THE GUARANTEE PERIOD ACCOUNTS ARE SUBJECT TO A MARKET VALUE ADJUSTMENT FORMULA, THE OPERATION OF WHICH MAY RESULT IN UPWARD AND DOWNWARD ADJUSTMENTS IN AMOUNTS PAYABLE TO AN OWNER OR ANNUITANT, INCLUDING WITHDRAWALS, TRANSFERS AND AMOUNTS APPLIED TO PURCHASE AN ANNUITY. SEE THE WITHDRAWAL PROVISIONS SECTION FOR MARKET VALUE ADJUSTMENT PROVISIONS. NOTICE OF YOUR RIGHT TO EXAMINE THIS CONTRACT FOR 10 DAYS. If for any reason you are not satisfied with this contract, return it to us or our agent within 10 days after you receive it. We will then cancel this contract. Upon such cancellation we will refund an amount equal to the sum of: (SEE "CONTRACT VALUE AND EXPENSE PROVISIONS" AND "ANNUITY PAYMENT PROVISIONS" FOR DETAILS.1) [SBL LOGO] SECURITY BENEFIT LIFE INSURANCE COMPANY A Member the contract value, including any Market Value Adjustment, if applicable, and less any purchase payment credits, if applicable, at the end of The Security Benefit Group of Companies ▇▇▇ ▇▇ the Valuation Period during which we receive the contract; and (2) any premium tax charges paid. This contract will then be considered void from its start. Secretary President /s/ Eric L. Marhoun /s/ Carol A. Holton o ▇▇▇▇▇▇▇▇ Street, Topeka, KS 66636-0001 ▇-▇▇▇-▇▇▇-▇▇▇▇ The variable annuity covered by this Purchase Payments o Investment Experience Reflected in Benefits o Variable Accumulation Values o Optional Variable or Fixed Dollar Annuity Payments o Annuity Payments to Begin on the Retirement Date o This Contract is the subject of a pending patent application in the United States Patent and Trademark Office. V6029 (8-00) -------------------------------------------------------------------------------- TABLE OF CONTENTS -------------------------------------------------------------------------------- Page Nonparticipating -- Dividends Are Not Payable [SSOB8B6FCC&L] 272876 A(12/03)] CONTRACT DATA PAGE........................................................ 3 DEFINITIONS............................................................... 4DATA

PLEASE READ YOUR CONTRACT CAREFULLY. It is a legal Contract between you, the Owner, Owner and us, SBLthe Company. The Contract's table of contents is on page 2. FREE LOOK PERIOD-RIGHT TO CANCEL YOU IF FOR ANY REASON THE OWNER IS NOT SATISFIED WITH THIS CONTRACT, HE OR SHE MAY RETURN THIS CONTRACT IT TO THE COMPANY WITHIN 10 DAYS AFTER YOU RECEIVE ITFROM THE DATE OF RECEIPT. YOU IT MAY RETURN THE CONTRACT BE RETURNED BY DELIVERING OR MAILING IT TO SBLTHE COMPANY. IF RETURNED, THIS CONTRACT WILL THEN SHALL BE DEEMED VOID FROM THE BEGINNINGCONTRACT DATE. NO WITHDRAWAL CHARGE WILL BE IMPOSED, AND WE THE COMPANY WILL REFUND YOUR ANY PURCHASE PAYMENTS MADE AND ALLOCATED TO THE FIXED ACCOUNT AND WILL REFUND SEPARATE ACCOUNT CONTRACT VALUE, INCLUDING ANY FEES AND/OR CHARGES FOR PREMIUM TAX THAT WERE DEDUCTED FROM THAT CONTRACT VALUE, LESS THE VALUE OF ANY CREDIT ENHANCEMENTS MADE INTO THE CONTRACT, AS OF THE DATE WE RECEIVE THE RETURNED CONTRACTPOLICY IS RECEIVED BY THE COMPANY. Signed for Security Benefit Life Insurance Company on the Contract Date. ▇▇▇▇▇ ▇. ▇▇▇▇▇ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Secretary President A BRIEF DESCRIPTION OF THIS CONTRACT This is a FLEXIBLE PREMIUM DEFERRED VARIABLE ANNUITY CONTRACT. * Investment Experience is Reflected in Benefits * Variable and Fixed Accumulation Before Purchase Payments may be made until the earlier of the Annuity Start Date; Variable and Fixed Payout Date or termination of the Contract. * A Death Benefit may be paid prior to the Annuity Payout Date according to the Contract provisions. * Annuity Payments Thereafter * Death Benefit Proceeds are Payable Before begin on the Annuity Start Payout Date * This Contract is Non-Participating BENEFITS using the method specified in this Contract. ALL PAYMENTS AND VALUES PROVIDED BY THIS CONTRACT MAY BE CONTRACT, WHEN BASED ON A VARIABLE BASIS. AMOUNTS DIRECTED INTO ONE OR MORE OF THE SUBACCOUNTS WILL REFLECT THE INVESTMENT EXPERIENCE OF THOSE SUBACCOUNTS. THESE AMOUNTS THE SEPARATE ACCOUNT, ARE VARIABLE AND MAY INCREASE OR DECREASE AND IN ACCORDANCE WITH THE INVESTMENT EXPERIENCE OF THE SEPARATE ACCOUNT. THERE ARE NOT NO GUARANTEED AS TO DOLLAR AMOUNTMINIMUM PAYMENTS OR CASH VALUES. (SEE "CONTRACT VALUE AND EXPENSE PROVISIONS" AND "ANNUITY PAYMENT PROVISIONS" FOR DETAILS.) [SBL SBG LOGO] SECURITY BENEFIT LIFE INSURANCE COMPANY A Member of The Security Benefit Group of Companies P.O. Box 750440, Topeka, KS 66675-0440 ▇▇▇ ▇▇ ▇▇▇▇▇▇▇▇ Street, Topeka, KS 66636-0001 ▇-▇▇▇-▇▇▇-▇▇▇▇ The variable annuity covered by this Contract is the subject of a pending patent application in the United States Patent and Trademark Office. V6029 ▇-▇▇▇-▇▇▇-▇▇▇▇ FOR CUSTOMER SERVICE Form V6021 (84-00) 94)U -------------------------------------------------------------------------------- TABLE OF CONTENTS -------------------------------------------------------------------------------- Page CONTRACT DATA PAGE........................................................ 3 DEFINITIONS............................................................... 4--------------------------------------------------------------------------------

PLEASE READ YOUR CONTRACT CAREFULLY. It is a legal Contract between you, the Owner, and us, SBLFSBL. The Contract's table of contents is on page 2. FREE LOOK PERIOD-RIGHT TO CANCEL IF FOR ANY REASON YOU ARE NOT SATISFIED WITH THE CONTRACT, YOU MAY RETURN THIS CONTRACT WITHIN 10 DAYS AFTER YOU RECEIVE ITIT (60 DAYS FROM THE DATE OF RECEIPT IF IT IS A REPLACEMENT CONTRACT). YOU MAY RETURN THE CONTRACT BY DELIVERING OR MAILING IT TO SBLFSBL. IF RETURNED, THIS CONTRACT WILL THEN BE DEEMED VOID FROM THE BEGINNING. NO WITHDRAWAL CHARGE WILL BE IMPOSED, AND WE WILL REFUND YOUR REFUND: (1) ANY PURCHASE PAYMENTS MADE AND ALLOCATED TO THE FIXED ACCOUNT; AND (2) SEPARATE ACCOUNT CONTRACT VALUE, INCLUDING ANY FEES AND/OR CHARGES FOR PREMIUM TAX THAT WERE DEDUCTED FROM THAT CONTRACT VALUE, LESS THE VALUE OF ANY CREDIT ENHANCEMENTS MADE INTO THE CONTRACT, AS OF THE DATE WE RECEIVE THE RETURNED CONTRACTCONTRACT IS DELIVERED TO FSBL, INCREASED BY ANY FEES OR OTHER CHARGES PAID FROM SEPARATE ACCOUNT CONTRACT VALUE. Signed for First Security Benefit Life Insurance and Annuity Company of New York on the Contract Date. ▇▇▇▇/s/ J. Michael Keefe▇ ▇. ▇▇▇▇▇ ▇▇▇▇ ▇. /s/ Kris A. Robbins [▇▇▇▇▇▇▇ Secretary President ▇▇y] [President] A BRIEF DESCRIPTION OF THIS CONTRACT This is a FLEXIBLE PREMIUM DEFERRED VARIABLE ANNUITY CONTRACT. * Investment Experience is Reflected in Benefits * Variable and Fixed Accumulation Before Purchase Payments may be made until the Annuity Start Date; Variable and Fixed Annuity Payments Thereafter * Death Benefit Proceeds are Payable Before earlier of the Annuity Start Date or termination of the Contract * A death benefit may be paid prior to the Annuity Start Date according to the Contract provisions * Annuity Payments begin on the Annuity Start Date using the method specified in the Contract * This Contract is Nonnon-Participating participating and does not participate in FSBL's surplus * The smallest annual net rate of return that would have to be earned on the assets of the Separate Account so that the dollar amount of variable Annuity Payments would not decrease is 3 -1/2%. The annual net rate of return is based upon the rate of return of the underlying mutual fund reduced by expenses of the Separate Account, including the maximum mortality and expense risk charge of 1.45%, administrative charge of 0.15% and any applicable rider charges. BENEFITS AND VALUES PROVIDED BY THIS CONTRACT MAY BE ON A VARIABLE BASIS. AMOUNTS DIRECTED INTO ONE OR MORE OF THE SUBACCOUNTS WILL REFLECT WHEN BASED UPON THE INVESTMENT EXPERIENCE OF THOSE SUBACCOUNTSTHE SEPARATE ACCOUNT ARE VARIABLE. THESE AMOUNTS MAY INCREASE OR DECREASE AND ARE NOT GUARANTEED AS TO DOLLAR AMOUNT. (SEE "CONTRACT VALUE AND EXPENSE PROVISIONS" AND "ANNUITY PAYMENT BENEFIT PROVISIONS" FOR DETAILS.) [SBL FSBL LOGO] FIRST SECURITY BENEFIT LIFE INSURANCE AND ANNUITY COMPANY A Member of The Security Benefit Group of Companies OF NEW YORK [70 West Red Oak ▇▇▇ ▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇ Street, Topeka, KS 66636-0001 ▇-▇▇▇-▇▇▇-▇▇▇▇ The variable annuity covered by this Contract is the subject of a pending patent application in the United States Patent and Trademark Office1-800-355-4570] ▇▇ ▇ ▇▇▇▇▇▇ ▇NHANCEMENT RIDER HAS BEEN PURCHASED, FSBL WILL RECAPTURE THE AMOUNT OF ANY CREDIT ENHANCEMENT APPLIED DURING THE 12 MONTHS PRECEDING THE DATE OF THE OWNER'S DEATH. V6029 FSB236 (81-00) 05)U -------------------------------------------------------------------------------- TABLE OF CONTENTS -------------------------------------------------------------------------------- Page CONTRACT DATA PAGE........................................................ 3 DEFINITIONS............................................................... 4

PLEASE READ YOUR CONTRACT CAREFULLY. It is a legal Contract between you, the Owner, Owner and us, SBLthe Company. The Contract's table of contents is on page 2. FREE LOOK PERIOD-RIGHT TO CANCEL YOU IF FOR ANY REASON THE OWNER IS NOT SATISFIED WITH THIS CONTRACT, HE OR SHE MAY RETURN THIS CONTRACT IT TO THE COMPANY WITHIN 10 30 DAYS AFTER YOU RECEIVE ITFROM THE DATE OF RECEIPT. YOU IT MAY RETURN THE CONTRACT BE RETURNED BY DELIVERING OR MAILING IT TO SBLTHE COMPANY. IF RETURNED, THIS CONTRACT WILL THEN SHALL BE DEEMED VOID FROM THE BEGINNINGCONTRACT DATE. NO WITHDRAWAL CHARGE WILL BE IMPOSED, AND WE THE COMPANY WILL REFUND YOUR (I) ANY PURCHASE PAYMENTS MADE AND ALLOCATED TO THE FIXED ACCOUNT; AND (II) SEPARATE ACCOUNT CONTRACT VALUE, INCLUDING ANY FEES AND/OR CHARGES FOR PREMIUM TAX THAT WERE DEDUCTED FROM THAT CONTRACT VALUE, LESS THE VALUE OF ANY CREDIT ENHANCEMENTS MADE INTO THE CONTRACT, AS OF THE DATE WE RECEIVE THE RETURNED CONTRACTPOLICY IS POSTMARKED FOR RETURN TO THE COMPANY, INCREASED BY ANY FEES OR OTHER CHARGES PAID. Signed for First Security Benefit Life Insurance and Annuity Company of New York on the Contract Date. ▇▇▇▇▇ ▇. ▇▇▇▇▇ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Secretary President A BRIEF DESCRIPTION OF THIS CONTRACT This is a FLEXIBLE PREMIUM DEFERRED VARIABLE ANNUITY CONTRACT. * Investment Experience is Reflected in Benefits * Variable and Fixed Accumulation Before Purchase Payments may be made until the earlier of the Annuity Start Date; Variable and Fixed Payout Date or termination of the Contract. * A Death Benefit may be paid prior to the Annuity Payout Date according to the Contract provisions. * Annuity Payments Thereafter * Death Benefit Proceeds are Payable Before begin on the Annuity Start Payout Date using the method specified in this Contract. * This The smallest annual rate of investment return that would have to be earned on the assets of the Separate Account so that the dollar amount of Variable Annuity Payments will not decrease is 3 1/2%. A daily charge corresponding to an annual charge of .55% is applied to the assets of the Separate Account by the Company. Please refer to the "Contract is Non-Participating BENEFITS Value and Expense Provisions" beginning on page 10. ALL PAYMENTS AND VALUES PROVIDED BY THIS CONTRACT MAY BE CONTRACT, WHEN BASED ON A VARIABLE BASIS. AMOUNTS DIRECTED INTO ONE OR MORE OF THE SUBACCOUNTS WILL REFLECT THE INVESTMENT EXPERIENCE OF THOSE SUBACCOUNTS. THESE AMOUNTS THE SEPARATE ACCOUNT, ARE VARIABLE AND MAY INCREASE OR DECREASE AND IN ACCORDANCE WITH THE INVESTMENT EXPERIENCE OF THE SEPARATE ACCOUNT. THERE ARE NOT NO GUARANTEED AS TO DOLLAR AMOUNTMINIMUM PAYMENTS OR CASH VALUES. (SEE "CONTRACT VALUE AND EXPENSE PROVISIONS" AND "ANNUITY PAYMENT PROVISIONS" FOR DETAILS.) [SBL LOGO] FIRST SECURITY BENEFIT LIFE INSURANCE AND ANNUITY COMPANY A Member of The Security Benefit Group of Companies OF NEW YORK ▇▇ ▇▇▇▇ ▇▇▇ ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ Street, Topeka, KS 66636-0001 ▇-▇▇▇-▇▇▇-▇▇▇▇ The variable annuity covered by this Contract is the subject of a pending patent application in the United States Patent and Trademark Office. V6029 (8-00) ▇▇▇▇▇ -------------------------------------------------------------------------------- TABLE OF CONTENTS -------------------------------------------------------------------------------- Page CONTRACT DATA PAGE........................................................ 3 DEFINITIONS............................................................... 4--------------------------------------------------------------------------------

PLEASE READ YOUR CONTRACT CAREFULLY. It is a legal Contract between you, the Owner, and us, SBL. The Contract's table of contents is on page 2. FREE LOOK PERIOD-RIGHT TO CANCEL YOU MAY RETURN THIS CONTRACT WITHIN 10 DAYS AFTER YOU RECEIVE IT. YOU MAY RETURN THE CONTRACT BY DELIVERING OR MAILING IT TO SBL. THIS CONTRACT WILL THEN BE DEEMED VOID FROM THE BEGINNING. NO WITHDRAWAL CHARGE WILL BE IMPOSED, AND WE WILL REFUND YOUR CONTRACT VALUE, INCLUDING ANY FEES AND/OR CHARGES FOR PREMIUM TAX THAT WERE DEDUCTED FROM THAT CONTRACT VALUE, LESS THE VALUE OF ANY CREDIT ENHANCEMENTS MADE INTO THE CONTRACT, AS OF THE DATE WE RECEIVE THE RETURNED CONTRACT. Signed for Security Benefit Life Insurance Company on the Contract Date. [▇. ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ ▇] [▇▇▇▇ ▇. ▇▇▇▇▇▇▇ ▇] Secretary President A BRIEF DESCRIPTION OF THIS CONTRACT This is a FLEXIBLE PREMIUM DEFERRED VARIABLE ANNUITY CONTRACT. * Investment Experience is Reflected in Benefits * Variable and Fixed Accumulation Before the Annuity Start Date; Variable and Fixed Annuity Payments Thereafter * Death Benefit Proceeds are Payable Before the Annuity Start Date * The Annuity Start Date may be changed by the Owner as described in this Contract * This Contract is Non-Participating * No Withdrawal charge applies to Annuity Payments under Annuity Options 1 through 4 or 8, or under Options 5 through 7 provided that Annuity Payments under Options 5 through 7 are made for at least 7 years BENEFITS AND VALUES PROVIDED BY THIS CONTRACT MAY BE ON A VARIABLE BASIS. AMOUNTS DIRECTED INTO ONE OR MORE OF THE SUBACCOUNTS WILL REFLECT THE INVESTMENT EXPERIENCE OF THOSE SUBACCOUNTS. THESE AMOUNTS MAY INCREASE OR DECREASE AND ARE NOT GUARANTEED AS TO DOLLAR AMOUNT. (SEE "CONTRACT VALUE AND EXPENSE PROVISIONS" AND "ANNUITY PAYMENT PROVISIONS" FOR DETAILS.) [SBL LOGO] WITHDRAWALS FROM THE FIXED ACCOUNT MAY BE SUBJECT TO A MARKET VALUE ADJUSTMENT. SECURITY BENEFIT LIFE INSURANCE COMPANY A Member of The Security Benefit Group of Companies [One Security Benefit Place, ▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇-▇▇▇▇ Street, Topeka, KS 66636-0001 ▇-▇▇▇-▇▇▇-▇▇▇▇ ▇] Call the above number if you have inquiries, to obtain information about coverage and for assistance in resolving complaints. The variable annuity covered by this Contract is the subject of a pending patent application in the United States Patent and Trademark Office. V6029 (8-00) -------------------------------------------------------------------------------- TABLE OF CONTENTS -------------------------------------------------------------------------------- Page CONTRACT DATA PAGE........................................................ ................................... 3 DEFINITIONS............................................................... .......................................... 4

PLEASE READ YOUR CONTRACT CAREFULLY. It If the annuitant is a legal Contract between youliving on the Retirement Date, we will begin to pay you monthly annuity payments. Any payments made by us are subject to the Owner, and us, SBLterms of this contract. The Contract's table owner and beneficiary are as named in the application unless they are changed as provided for in this contract. We issue this contract in consideration of contents is on page 2. FREE LOOK PERIOD-RIGHT TO CANCEL YOU MAY RETURN THIS CONTRACT WITHIN 10 DAYS AFTER YOU RECEIVE IT. YOU MAY RETURN THE CONTRACT BY DELIVERING OR MAILING IT TO SBL. THIS CONTRACT WILL THEN BE DEEMED VOID FROM THE BEGINNING. NO WITHDRAWAL CHARGE WILL BE IMPOSED, AND WE WILL REFUND YOUR CONTRACT VALUE, INCLUDING ANY FEES AND/OR CHARGES FOR PREMIUM TAX THAT WERE DEDUCTED FROM THAT CONTRACT VALUE, LESS THE VALUE OF ANY CREDIT ENHANCEMENTS MADE INTO THE CONTRACT, AS OF THE DATE WE RECEIVE THE RETURNED CONTRACTyour application and the payment of the purchase payments. Signed for Security Benefit and issued by American Enterprise Life Insurance Company on of Indianapolis, Indiana, as of the Contract Datecontract date. ▇▇▇▇▇ ▇. ▇▇▇▇▇ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Secretary President A BRIEF DESCRIPTION OF THIS CONTRACT This is a FLEXIBLE PREMIUM DEFERRED VARIABLE ACCUMULATION VALUES AND ANNUITY CONTRACT. * Investment Experience is Reflected in Benefits * Variable and Fixed Accumulation Before the Annuity Start Date; Variable and Fixed Annuity Payments Thereafter * Death Benefit Proceeds are Payable Before the Annuity Start Date * This Contract is Non-Participating BENEFITS AND VALUES PROVIDED BY THIS CONTRACT MAY BE PAYMENTS, WHEN BASED ON A VARIABLE BASIS. AMOUNTS DIRECTED INTO ONE OR MORE THE INVESTMENT RESULTS OF THE SUBACCOUNTS WILL REFLECT THE INVESTMENT EXPERIENCE OF THOSE SUBACCOUNTS. THESE AMOUNTS MAY INCREASE OR DECREASE SEPARATE ACCOUNT, ARE VARIABLE AND ARE NOT GUARANTEED AS TO FIXED DOLLAR AMOUNT. SEE PAGE 12 FOR VARIABLE PROVISIONS. PAYMENTS AND VALUES BASED ON THE GUARANTEE PERIOD ACCOUNTS ARE SUBJECT TO A MARKET VALUE ADJUSTMENT FORMULA, THE OPERATION OF WHICH MAY RESULT IN UPWARD AND DOWNWARD ADJUSTMENTS IN AMOUNTS PAYABLE TO AN OWNER OR ANNUITANT, INCLUDING WITHDRAWALS, TRANSFERS AND AMOUNTS APPLIED TO PURCHASE AN ANNUITY. SEE PAGE 14 FOR MARKET VALUE ADJUSTMENT PROVISIONS. NOTICE OF YOUR RIGHT TO EXAMINE THIS CONTRACT FOR 10 DAYS. If for any reason you are not satisfied with this contract, return it to us or our agent within 10 days after you receive it. We will then cancel this contract. Upon such cancellation we will refund an amount equal to the sum of: (SEE "CONTRACT VALUE AND EXPENSE PROVISIONS" AND "ANNUITY PAYMENT PROVISIONS" FOR DETAILS.1) [SBL LOGO] SECURITY BENEFIT LIFE INSURANCE COMPANY A Member the contract value, including any Market Value Adjustment, if applicable, at the end of The Security Benefit Group of Companies ▇▇▇ ▇▇ ▇▇▇▇▇▇▇▇ Street, Topeka, KS 66636-0001 ▇-▇▇▇-▇▇▇-▇▇▇▇ The variable annuity covered by this the Valuation Period during which we receive the contract; and (2) any premium tax charges paid. This contract will then be considered void from its start. o Flexible Purchase Payments o Investment Experience Reflected in Benefits o Optional Fixed Dollar or Variable Accumulation Values and Annuity Payments o Annuity Payments to Begin on the Retirement Date o This Contract is the subject of a pending patent application in the United States Patent and Trademark Office. V6029 (8-00) -------------------------------------------------------------------------------- TABLE OF CONTENTS -------------------------------------------------------------------------------- Page CONTRACT DATA PAGE........................................................ 3 DEFINITIONS............................................................... 4Nonparticipating -- Dividends Are Not Payable

PLEASE READ YOUR CONTRACT CAREFULLY. It is a legal Contract between you, the Owner, Owner and us, SBLthe Company. The Contract's table of contents is on page 2. FREE LOOK PERIOD-RIGHT TO CANCEL YOU IF FOR ANY REASON THE OWNER IS NOT SATISFIED WITH THIS CONTRACT, THE OWNER MAY RETURN THIS CONTRACT IT TO THE COMPANY WITHIN 10 DAYS AFTER YOU RECEIVE ITFROM THE DATE OF RECEIPT. YOU IT MAY RETURN THE CONTRACT BE RETURNED BY DELIVERING OR MAILING IT TO SBLTHE COMPANY. IF RETURNED, THIS CONTRACT WILL THEN SHALL BE DEEMED VOID FROM THE BEGINNINGCONTRACT DATE. NO WITHDRAWAL CHARGE WILL BE IMPOSED, AND WE THE COMPANY WILL REFUND YOUR ANY PURCHASE PAYMENTS MADE AND ALLOCATED TO THE FIXED ACCOUNT AND WILL REFUND SEPARATE ACCOUNT CONTRACT VALUE, INCLUDING ANY FEES AND/OR CHARGES FOR PREMIUM TAX THAT WERE DEDUCTED FROM THAT CONTRACT VALUE, LESS THE VALUE OF ANY CREDIT ENHANCEMENTS MADE INTO THE CONTRACT, AS OF THE DATE WE RECEIVE THE RETURNED CONTRACTPOLICY IS RECEIVED BY THE COMPANY. Signed for Security Benefit Life Insurance Company on the Contract Date. ▇▇▇▇▇ ▇. ▇▇▇▇▇ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Secretary President A BRIEF DESCRIPTION OF THIS CONTRACT This is a FLEXIBLE PREMIUM DEFERRED GROUP UNALLOCATED VARIABLE ANNUITY CONTRACT. * Investment Experience is Reflected in Benefits * Variable and Fixed Accumulation Before *Purchase Payments may be made until termination of the Annuity Start Date; Variable and Fixed Annuity Payments Thereafter * Death Benefit Proceeds are Payable Before the Annuity Start Date * Contract. *This Contract is Non-Participating BENEFITS Participating. ALL PAYMENTS AND VALUES PROVIDED BY THIS CONTRACT MAY BE CONTRACT, WHEN BASED ON A VARIABLE BASIS. AMOUNTS DIRECTED INTO ONE OR MORE OF THE SUBACCOUNTS WILL REFLECT THE INVESTMENT EXPERIENCE OF THOSE SUBACCOUNTS. THESE AMOUNTS THE SEPARATE ACCOUNT, ARE VARIABLE AND MAY INCREASE OR DECREASE AND IN ACCORDANCE WITH THE INVESTMENT EXPERIENCE OF THE SEPARATE ACCOUNT. THERE ARE NOT NO GUARANTEED AS TO DOLLAR AMOUNTMINIMUM PAYMENTS OR CASH VALUES. (SEE "CONTRACT VALUE AND EXPENSE PROVISIONS" AND "ANNUITY PAYMENT PROVISIONS" FOR DETAILS.) [SBL LOGO] SECURITY BENEFIT LIFE INSURANCE COMPANY A Member of The Security Benefit Group of Companies ▇▇▇ ▇▇ ▇▇▇▇▇▇▇▇ Street, Topeka, KS 66636-0001 ▇-▇▇▇-▇▇▇-▇▇▇▇ The variable annuity covered by this Contract is the subject of a pending patent application in the United States Patent and Trademark Office. V6029 Form V6320 (82-0097) -------------------------------------------------------------------------------- TABLE OF CONTENTS -------------------------------------------------------------------------------- Page CONTRACT DATA PAGE........................................................ 3 DEFINITIONS............................................................... 4Page

PLEASE READ YOUR CONTRACT CAREFULLY. It is describes the terms of a legal Contract between you, the Owner, Owner and us, SBLthe Company. The Contract's table of contents is on page 2. FREE LOOK PERIOD-RIGHT TO CANCEL YOU IF FOR ANY REASON THE OWNER IS NOT SATISFIED WITH THIS CONTRACT, THE OWNER MAY RETURN THIS CONTRACT IT TO THE COMPANY WITHIN 10 DAYS AFTER YOU RECEIVE ITFROM THE DATE OF RECEIPT. YOU MAY RETURN THE CONTRACT BY DELIVERING OR MAILING IT TO SBL. IF RETURNED, THIS CONTRACT WILL THEN SHALL BE DEEMED VOID FROM THE BEGINNINGCONTRACT DATE. NO WITHDRAWAL CHARGE WILL BE IMPOSED, AND WE THE COMPANY WILL REFUND YOUR ANY PURCHASE PAYMENTS MADE AND ALLOCATED TO THE GENERAL ACCOUNT AND WILL REFUND SEPARATE ACCOUNT CONTRACT VALUE, INCLUDING ANY FEES AND/OR CHARGES FOR PREMIUM TAX THAT WERE DEDUCTED FROM THAT CONTRACT VALUE, LESS THE VALUE OF ANY CREDIT ENHANCEMENTS MADE INTO THE CONTRACT, AS OF THE DATE WE RECEIVE THE RETURNED CONTRACTCONTRACT IS RECEIVED BY THE COMPANY. Signed for Security Benefit Life Insurance Company on the Contract Date. ▇▇▇▇▇ ▇. ▇▇▇▇▇ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Secretary President A BRIEF DESCRIPTION OF THIS CONTRACT This is a GROUP FLEXIBLE PREMIUM DEFERRED VARIABLE ANNUITY CONTRACT. * Investment Experience is Reflected In return for Purchase Payments, the Company will pay the annuity and other benefits as provided in Benefits this Contract. * Variable and Fixed Accumulation Before the Annuity Start Date; Variable and Fixed Annuity Payments Thereafter * Death Benefit Proceeds Individual allocations are Payable Before the Annuity Start Date maintained for Participants. * This Contract is Non-Participating BENEFITS participating. ALL PAYMENTS AND VALUES PROVIDED BY THIS CONTRACT MAY BE THE CONTRACT, WHEN BASED ON A VARIABLE BASIS. AMOUNTS DIRECTED INTO ONE OR MORE OF THE SUBACCOUNTS WILL REFLECT THE INVESTMENT EXPERIENCE OF THOSE SUBACCOUNTS. THESE AMOUNTS THE SEPARATE ACCOUNT, ARE VARIABLE AND MAY INCREASE OR DECREASE AND IN ACCORDANCE WITH THE INVESTMENT EXPERIENCE OF THE SEPARATE ACCOUNT. THERE ARE NOT NO GUARANTEED AS TO DOLLAR AMOUNTMINIMUM PAYMENTS OR CASH VALUES. (SEE "CONTRACT VALUE AND EXPENSE PROVISIONS" AND "ANNUITY PAYMENT PROVISIONS" FOR DETAILS.) [SBL LOGO] SECURITY BENEFIT LIFE INSURANCE COMPANY A Member of The Security Benefit Group of Companies ▇▇▇ ▇▇ ▇▇▇▇▇▇▇▇ Street, Topeka, KS 66636-0001 ▇-▇▇▇-▇▇▇-▇▇▇▇ The variable annuity covered by this Contract is the subject of a pending patent application in the United States Patent and Trademark Office. V6029 GV6322 (89-0097) -------------------------------------------------------------------------------- BP TABLE OF CONTENTS -------------------------------------------------------------------------------- Page CONTRACT DATA PAGE........................................................ 3 DEFINITIONS............................................................... 4Page

PLEASE READ YOUR CONTRACT CAREFULLY. It is a legal Contract between you, the Owner, and us, SBL. The Contract's table of contents is on page 2. FREE LOOK PERIOD-RIGHT TO CANCEL YOU MAY RETURN THIS CONTRACT WITHIN 10 DAYS AFTER YOU RECEIVE IT. YOU MAY RETURN THE CONTRACT BY DELIVERING OR MAILING IT TO SBL. THIS CONTRACT WILL THEN BE DEEMED VOID FROM THE BEGINNING. NO WITHDRAWAL CHARGE WILL BE IMPOSED, AND WE WILL REFUND YOUR CONTRACT VALUE, INCLUDING ANY FEES AND/OR CHARGES FOR PREMIUM TAX THAT WERE DEDUCTED FROM THAT CONTRACT VALUE, LESS THE VALUE OF ANY CREDIT ENHANCEMENTS MADE INTO THE CONTRACT, AS OF THE DATE WE RECEIVE THE RETURNED CONTRACT. Signed for Security Benefit Life Insurance Company on the Contract Date. ▇▇▇▇▇ ▇. ▇▇▇▇▇ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ /s/ ILLEGIBLE /s/ ILLEGIBLE Secretary President A BRIEF DESCRIPTION OF THIS CONTRACT This is a FLEXIBLE PREMIUM DEFERRED VARIABLE ANNUITY CONTRACT. * Investment Experience is Reflected in Benefits * Variable and Fixed Accumulation Before the Annuity Start Date; Variable and Fixed Annuity Payments Thereafter * Death Benefit Proceeds are Payable Before the Annuity Start Date * This Contract is Non-Participating BENEFITS AND VALUES PROVIDED BY THIS CONTRACT MAY BE ON A VARIABLE BASIS. AMOUNTS DIRECTED INTO ONE OR MORE OF THE SUBACCOUNTS WILL REFLECT THE INVESTMENT EXPERIENCE OF THOSE SUBACCOUNTS. THESE AMOUNTS MAY INCREASE OR DECREASE AND ARE NOT GUARANTEED AS TO DOLLAR AMOUNT. (SEE "CONTRACT VALUE AND EXPENSE PROVISIONS" AND "ANNUITY PAYMENT PROVISIONS" FOR DETAILS.) WITHDRAWALS FROM THE FIXED ACCOUNT MAY BE SUBJECT TO A MARKET VALUE ADJUSTMENT. [SBL SECURITY BENEFIT LIFE INSURANCE LOGO] SECURITY BENEFIT LIFE INSURANCE COMPANY A Member of The Security Benefit Group of Companies One Security Benefit Place, ▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇-▇▇▇▇ Street, Topeka, KS 66636-0001 ▇-▇▇▇-▇▇▇-▇▇▇▇ The variable annuity covered by this Contract is the subject of a pending patent application in the United States Patent and Trademark Office. V6029 (8-00) -------------------------------------------------------------------------------- TABLE OF CONTENTS -------------------------------------------------------------------------------- Page CONTRACT DATA PAGE........................................................ ................................... 3 DEFINITIONS............................................................... .......................................... 4

PLEASE READ YOUR CONTRACT CAREFULLY. It is a legal Contract between you, the Owner, Owner and us, SBLthe Company. The Contract's table of contents is on page 2. FREE LOOK PERIOD-RIGHT TO CANCEL YOU IF FOR ANY REASON THE OWNER IS NOT SATISFIED WITH THIS CONTRACT, THE OWNER MAY RETURN THIS CONTRACT IT TO THE COMPANY WITHIN 10 DAYS AFTER YOU RECEIVE ITFROM THE DATE OF RECEIPT. YOU IT MAY RETURN THE CONTRACT BE RETURNED BY DELIVERING OR MAILING IT TO SBLTHE COMPANY. IF RETURNED, THIS CONTRACT WILL THEN SHALL BE DEEMED VOID FROM THE BEGINNINGCONTRACT DATE. NO WITHDRAWAL CHARGE WILL BE IMPOSED, AND WE THE COMPANY WILL REFUND YOUR ANY PURCHASE PAYMENTS MADE AND ALLOCATED TO THE GENERAL ACCOUNT AND WILL REFUND SEPARATE ACCOUNT CONTRACT VALUE, INCLUDING ANY FEES AND/OR CHARGES FOR PREMIUM TAX THAT WERE DEDUCTED FROM THAT CONTRACT VALUE, LESS THE VALUE OF ANY CREDIT ENHANCEMENTS MADE INTO THE CONTRACT, AS OF THE DATE WE RECEIVE THE RETURNED CONTRACTPOLICY IS RECEIVED BY THE COMPANY. Signed for Security Benefit Life Insurance Company on the Contract Date. ▇▇▇▇▇ ▇. ▇▇▇▇▇ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Secretary President A BRIEF DESCRIPTION OF THIS CONTRACT This is a GROUP FLEXIBLE PREMIUM DEFERRED VARIABLE ANNUITY CONTRACT. * Investment Experience is Reflected *In return for Purchase Payments, the Company will pay the annuity and other benefits as provided in Benefits * Variable and Fixed Accumulation Before the Annuity Start Date; Variable and Fixed Annuity Payments Thereafter * Death Benefit Proceeds this Contract. *Individual allocations are Payable Before the Annuity Start Date * maintained for Participants. *This Contract is Non-Participating BENEFITS Participating. ALL PAYMENTS AND VALUES PROVIDED BY THIS CONTRACT MAY BE CONTRACT, WHEN BASED ON A VARIABLE BASIS. AMOUNTS DIRECTED INTO ONE OR MORE OF THE SUBACCOUNTS WILL REFLECT THE INVESTMENT EXPERIENCE OF THOSE SUBACCOUNTS. THESE AMOUNTS THE SEPARATE ACCOUNT, ARE VARIABLE AND MAY INCREASE OR DECREASE AND IN ACCORDANCE WITH THE INVESTMENT EXPERIENCE OF THE SEPARATE ACCOUNT. THERE ARE NOT NO GUARANTEED AS TO DOLLAR AMOUNTMINIMUM PAYMENTS OR CASH VALUES. (SEE "CONTRACT VALUE AND EXPENSE PROVISIONS" AND "ANNUITY PAYMENT PROVISIONS" FOR DETAILS.) [SBL LOGO] SECURITY BENEFIT LIFE INSURANCE COMPANY A Member of The Security Benefit Group of Companies ▇▇▇ ▇▇ ▇▇▇▇▇▇▇▇ Street, Topeka, KS 66636-0001 ▇-▇▇▇-▇▇▇-▇▇▇▇ The variable annuity covered by this Contract is the subject of a pending patent application in the United States Patent and Trademark Office. V6029 GV6023 (81-00) 98)U BP 6023P1 -------------------------------------------------------------------------------- TABLE OF CONTENTS -------------------------------------------------------------------------------- Page CONTRACT DATA PAGE........................................................ 3 DEFINITIONS............................................................... 4--------------------------------------------------------------------------------

PLEASE READ YOUR CONTRACT CAREFULLY. It is a legal Contract between you, the Owner, and us, SBLFSBL. The Contract's table of contents is on page 2. FREE LOOK PERIOD-RIGHT TO CANCEL IF FOR ANY REASON YOU ARE NOT SATISFIED WITH THE CONTRACT, YOU MAY RETURN THIS CONTRACT WITHIN 10 DAYS AFTER YOU RECEIVE ITIT (60 DAYS FROM THE DATE OF RECEIPT IF IT IS A REPLACEMENT CONTRACT). YOU MAY RETURN THE CONTRACT BY DELIVERING OR MAILING IT TO SBLFSBL. IF RETURNED, THIS CONTRACT WILL THEN BE DEEMED VOID FROM THE BEGINNING. NO WITHDRAWAL CHARGE WILL BE IMPOSED, AND WE WILL REFUND YOUR CONTRACT VALUE, INCLUDING ANY FEES AND/OR CHARGES FOR PREMIUM TAX THAT WERE DEDUCTED FROM THAT CONTRACT VALUE, LESS THE VALUE OF ANY CREDIT ENHANCEMENTS MADE INTO THE CONTRACT, AS OF THE DATE WE RECEIVE THE RETURNED CONTRACTCONTRACT IS DELIVERED TO FSBL, INCREASED BY ANY FEES OR OTHER CHARGES PAID. Signed for First Security Benefit Life Insurance and Annuity Company of New York on the Contract Date. ▇▇▇▇▇ Roger ▇. ▇▇▇▇▇ ▇▇▇▇ ▇. Kris A. ▇▇▇▇▇▇▇ Secretary President A BRIEF DESCRIPTION OF THIS CONTRACT This is a FLEXIBLE PREMIUM DEFERRED VARIABLE ANNUITY CONTRACT. * Investment Experience is Reflected in Benefits * Variable and Fixed Accumulation Before Purchase Payments may be made until the Annuity Start Date; Variable and Fixed Annuity Payments Thereafter * Death Benefit Proceeds are Payable Before earlier of the Annuity Start Date or termination of the Contract * A death benefit may be paid prior to the Annuity Start Date according to the Contract provisions * Annuity Payments begin on the Annuity Start Date using the method specified in the Contract * This Contract is Nonnon-Participating participating and does not participate in FSBL's surplus * The smallest annual net rate of return that would have to be earned on the assets of the Separate Account so that the dollar amount of variable Annuity Payments would not decrease is 3 1/2%. The annual net rate of return is based upon the rate of return of the underlying mutual fund reduced by expenses of the Separate Account, including the mortality and expense risk and administrative charges. BENEFITS AND VALUES PROVIDED BY THIS CONTRACT MAY BE ON A VARIABLE BASIS. AMOUNTS DIRECTED INTO ONE OR MORE OF THE SUBACCOUNTS WILL REFLECT ARE BASED UPON THE INVESTMENT EXPERIENCE OF THOSE SUBACCOUNTSTHE SEPARATE ACCOUNT AND ARE VARIABLE. THESE AMOUNTS MAY INCREASE OR DECREASE AND ARE NOT GUARANTEED AS TO DOLLAR AMOUNT. (SEE "CONTRACT VALUE AND EXPENSE PROVISIONS" AND "ANNUITY PAYMENT PROVISIONS" FOR DETAILS.) [SBL FSBL LOGO] FIRST SECURITY BENEFIT LIFE INSURANCE AND ANNUITY COMPANY A Member of The Security Benefit Group of Companies OF NEW YORK 70 Wes▇ ▇▇▇ ▇▇▇ ▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇ Street, Topeka, KS 66636-0001 ▇-▇▇▇▇▇ 1-800-▇▇▇-▇▇▇▇ The variable annuity covered by this Contract is the subject of a pending patent application in the United States Patent and Trademark Office. V6029 ▇▇▇▇16 (810-0001) -------------------------------------------------------------------------------- TABLE OF CONTENTS -------------------------------------------------------------------------------- Page CONTRACT DATA PAGE........................................................ 3 DEFINITIONS............................................................... 4

PLEASE READ YOUR CONTRACT CAREFULLY. It If the annuitant is a legal Contract between youliving on the Retirement Date, we will begin to pay you monthly annuity payments. Any payments made by us are subject to the Owner, and us, SBLterms of this contract. The Contract's table owner and beneficiary are as named in the application unless they are changed as provided for in this contract. We issue this contract in consideration of contents is on page 2. FREE LOOK PERIOD-RIGHT TO CANCEL YOU MAY RETURN THIS CONTRACT WITHIN 10 DAYS AFTER YOU RECEIVE IT. YOU MAY RETURN THE CONTRACT BY DELIVERING OR MAILING IT TO SBL. THIS CONTRACT WILL THEN BE DEEMED VOID FROM THE BEGINNING. NO WITHDRAWAL CHARGE WILL BE IMPOSED, AND WE WILL REFUND YOUR CONTRACT VALUE, INCLUDING ANY FEES AND/OR CHARGES FOR PREMIUM TAX THAT WERE DEDUCTED FROM THAT CONTRACT VALUE, LESS THE VALUE OF ANY CREDIT ENHANCEMENTS MADE INTO THE CONTRACT, AS OF THE DATE WE RECEIVE THE RETURNED CONTRACTyour application and the payment of the purchase payments. Signed for Security Benefit and issued by American Enterprise Life Insurance Company on of Indianapolis, Indiana, as of the Contract Datecontract date. ▇▇▇▇▇ ▇. ▇▇▇▇▇ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Secretary President A BRIEF DESCRIPTION OF THIS CONTRACT This is a FLEXIBLE PREMIUM DEFERRED VARIABLE ACCUMULATION VALUES AND ANNUITY CONTRACT. * Investment Experience is Reflected in Benefits * Variable and Fixed Accumulation Before the Annuity Start Date; Variable and Fixed Annuity Payments Thereafter * Death Benefit Proceeds are Payable Before the Annuity Start Date * This Contract is Non-Participating BENEFITS AND VALUES PROVIDED BY THIS CONTRACT MAY BE PAYMENTS, WHEN BASED ON A VARIABLE BASIS. AMOUNTS DIRECTED INTO ONE OR MORE THE INVESTMENT RESULTS OF THE SUBACCOUNTS WILL REFLECT THE INVESTMENT EXPERIENCE OF THOSE SUBACCOUNTS. THESE AMOUNTS MAY INCREASE OR DECREASE SEPARATE ACCOUNT, ARE VARIABLE AND ARE NOT GUARANTEED AS TO FIXED DOLLAR AMOUNT. SEE PAGE 12 FOR VARIABLE PROVISIONS. PAYMENTS AND VALUES BASED ON THE GUARANTEE PERIOD ACCOUNTS ARE SUBJECT TO A MARKET VALUE ADJUSTMENT FORMULA, THE OPERATION OF WHICH MAY RESULT IN UPWARD AND DOWNWARD ADJUSTMENTS IN AMOUNTS PAYABLE TO AN OWNER OR ANNUITANT, INCLUDING WITHDRAWALS, TRANSFERS AND AMOUNTS APPLIED TO PURCHASE AN ANNUITY. SEE PAGE 14 FOR MARKET VALUE ADJUSTMENT PROVISIONS. NOTICE OF YOUR RIGHT TO EXAMINE THIS CONTRACT FOR 10 DAYS. If for any reason you are not satisfied with this contract, return it to us or our agent within 10 days after you receive it. We will then cancel this contract. Upon such cancellation we will refund an amount equal to the sum of: (SEE "CONTRACT VALUE AND EXPENSE PROVISIONS" AND "ANNUITY PAYMENT PROVISIONS" FOR DETAILS.1) [SBL LOGO] SECURITY BENEFIT LIFE INSURANCE COMPANY A Member the contract value, including any Market Value Adjustment, if applicable, and less any purchase payment credits, at the end of The Security Benefit Group of Companies ▇▇▇ ▇▇ ▇▇▇▇▇▇▇▇ Street, Topeka, KS 66636-0001 ▇-▇▇▇-▇▇▇-▇▇▇▇ The variable annuity covered by this the Valuation Period during which we receive the contract; and (2) any premium tax charges paid. This contract will then be considered void from its start. Secretary President o Flexible Purchase Payments o Investment Experience Reflected in Benefits o Optional Fixed Dollar or Variable Accumulation Values and Annuity Payments o Annuity Payments to Begin on the Retirement Date o This Contract is the subject of a pending patent application in the United States Patent and Trademark Office. V6029 (8-00) -------------------------------------------------------------------------------- TABLE OF CONTENTS -------------------------------------------------------------------------------- Page Nonparticipating -- Dividends Are Not Payable CONTRACT DATA PAGE........................................................ 3 DEFINITIONS............................................................... 4DATA

PLEASE READ YOUR CONTRACT CAREFULLY. It If the annuitant is a legal Contract between youliving on the Retirement Date, we will begin to pay you monthly annuity payments. Any payments made by us are subject to the Owner, and us, SBLterms of this contract. The Contract's table owner and beneficiary are as named in the application unless they are changed as provided for in this contract. We issue this contract in consideration of contents is on page 2. FREE LOOK PERIOD-RIGHT TO CANCEL YOU MAY RETURN THIS CONTRACT WITHIN 10 DAYS AFTER YOU RECEIVE IT. YOU MAY RETURN THE CONTRACT BY DELIVERING OR MAILING IT TO SBL. THIS CONTRACT WILL THEN BE DEEMED VOID FROM THE BEGINNING. NO WITHDRAWAL CHARGE WILL BE IMPOSED, AND WE WILL REFUND YOUR CONTRACT VALUE, INCLUDING ANY FEES AND/OR CHARGES FOR PREMIUM TAX THAT WERE DEDUCTED FROM THAT CONTRACT VALUE, LESS THE VALUE OF ANY CREDIT ENHANCEMENTS MADE INTO THE CONTRACT, AS OF THE DATE WE RECEIVE THE RETURNED CONTRACTyour application and the payment of the purchase payments. Signed for Security Benefit and issued by American Enterprise Life Insurance Company on of Indianapolis, Indiana, as of the Contract Datecontract date. ▇▇▇▇▇ ▇. ▇▇▇▇▇ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Secretary President A BRIEF DESCRIPTION OF THIS CONTRACT This is a FLEXIBLE PREMIUM DEFERRED VARIABLE ACCUMULATION VALUES AND ANNUITY CONTRACT. * Investment Experience is Reflected in Benefits * Variable and Fixed Accumulation Before the Annuity Start Date; Variable and Fixed Annuity Payments Thereafter * Death Benefit Proceeds are Payable Before the Annuity Start Date * This Contract is Non-Participating BENEFITS AND VALUES PROVIDED BY THIS CONTRACT MAY BE PAYMENTS, WHEN BASED ON A VARIABLE BASIS. AMOUNTS DIRECTED INTO ONE OR MORE THE INVESTMENT RESULTS OF THE SUBACCOUNTS WILL REFLECT THE INVESTMENT EXPERIENCE OF THOSE SUBACCOUNTS. THESE AMOUNTS MAY INCREASE OR DECREASE SEPARATE ACCOUNT, ARE VARIABLE AND ARE NOT GUARANTEED AS TO FIXED DOLLAR AMOUNT. SEE PAGE 12 FOR VARIABLE PROVISIONS. PAYMENTS AND VALUES BASED ON THE GUARANTEE PERIOD ACCOUNTS ARE SUBJECT TO A MARKET VALUE ADJUSTMENT FORMULA, THE OPERATION OF WHICH MAY RESULT IN UPWARD AND DOWNWARD ADJUSTMENTS IN AMOUNTS PAYABLE TO AN OWNER OR ANNUITANT, INCLUDING WITHDRAWALS, TRANSFERS AND AMOUNTS APPLIED TO PURCHASE AN ANNUITY. SEE PAGE 14 FOR MARKET VALUE ADJUSTMENT PROVISIONS. NOTICE OF YOUR RIGHT TO EXAMINE THIS CONTRACT FOR 10 DAYS. If for any reason you are not satisfied with this contract, return it to us or our agent within 10 days after you receive it. We will then cancel this contract. Upon such cancellation we will refund an amount equal to the sum of: (SEE "CONTRACT VALUE AND EXPENSE PROVISIONS" AND "ANNUITY PAYMENT PROVISIONS" FOR DETAILS.1) [SBL LOGO] SECURITY BENEFIT LIFE INSURANCE COMPANY A Member the contract value, including any Market Value Adjustment, if applicable, and less any purchase payment credits, at the end of The Security Benefit Group of Companies ▇▇▇ ▇▇ ▇▇▇▇▇▇▇▇ Street, Topeka, KS 66636-0001 ▇-▇▇▇-▇▇▇-▇▇▇▇ The variable annuity covered by this the Valuation Period during which we receive the contract; and (2) any premium tax charges paid. This contract will then be considered void from its start. Secretary President o Flexible Purchase Payments o Investment Experience Reflected in Benefits o Optional Fixed Dollar or Variable Accumulation Values and Annuity Payments o Annuity Payments to Begin on the Retirement Date o This Contract is the subject of a pending patent application in the United States Patent and Trademark Office. V6029 (8-00) -------------------------------------------------------------------------------- TABLE OF CONTENTS -------------------------------------------------------------------------------- Page CONTRACT DATA PAGE........................................................ 3 DEFINITIONS............................................................... 4Nonparticipating -- Dividends Are Not Payable

PLEASE READ YOUR CONTRACT CAREFULLY. It If the annuitant is a legal Contract between youliving on the Retirement Date, we will begin to pay you monthly annuity payments. Any payments made by us are subject to the Owner, and us, SBLterms of this contract. The Contract's table owner and beneficiary are as named in the application unless they are changed as provided for in this contract. We issue this contract in consideration of contents is on page 2. FREE LOOK PERIOD-RIGHT TO CANCEL YOU MAY RETURN THIS CONTRACT WITHIN 10 DAYS AFTER YOU RECEIVE IT. YOU MAY RETURN THE CONTRACT BY DELIVERING OR MAILING IT TO SBL. THIS CONTRACT WILL THEN BE DEEMED VOID FROM THE BEGINNING. NO WITHDRAWAL CHARGE WILL BE IMPOSED, AND WE WILL REFUND YOUR CONTRACT VALUE, INCLUDING ANY FEES AND/OR CHARGES FOR PREMIUM TAX THAT WERE DEDUCTED FROM THAT CONTRACT VALUE, LESS THE VALUE OF ANY CREDIT ENHANCEMENTS MADE INTO THE CONTRACT, AS OF THE DATE WE RECEIVE THE RETURNED CONTRACTyour application and the payment of the initial purchase payment. Signed for Security Benefit and issued by American Enterprise Life Insurance Company on of Indianapolis, Indiana, as of the Contract Datecontract date. ▇▇▇▇▇ ▇. ▇▇▇▇▇ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Secretary President A BRIEF DESCRIPTION OF THIS CONTRACT This is a FLEXIBLE PREMIUM DEFERRED VARIABLE ACCUMULATION VALUES AND ANNUITY CONTRACT. * Investment Experience is Reflected in Benefits * Variable and Fixed Accumulation Before the Annuity Start Date; Variable and Fixed Annuity Payments Thereafter * Death Benefit Proceeds are Payable Before the Annuity Start Date * This Contract is Non-Participating BENEFITS AND VALUES PROVIDED BY THIS CONTRACT MAY BE PAYMENTS, WHEN BASED ON A VARIABLE BASIS. AMOUNTS DIRECTED INTO ONE OR MORE THE INVESTMENT RESULTS OF THE SUBACCOUNTS WILL REFLECT THE INVESTMENT EXPERIENCE OF THOSE VARIABLE SUBACCOUNTS. THESE AMOUNTS MAY INCREASE OR DECREASE , ARE VARIABLE AND ARE NOT GUARANTEED AS TO FIXED DOLLAR AMOUNT. SEE THE VARIABLE ACCOUNT PROVISIONS. PAYMENTS AND VALUES BASED ON THE GUARANTEE PERIOD ACCOUNTS ARE SUBJECT TO A MARKET VALUE ADJUSTMENT FORMULA, THE OPERATION OF WHICH MAY RESULT IN UPWARD AND DOWNWARD ADJUSTMENTS IN AMOUNTS PAYABLE TO AN OWNER OR ANNUITANT, INCLUDING WITHDRAWALS, TRANSFERS AND AMOUNTS APPLIED TO PURCHASE AN ANNUITY. SEE THE WITHDRAWAL PROVISIONS SECTION FOR MARKET VALUE ADJUSTMENT PROVISIONS. NOTICE OF YOUR RIGHT TO EXAMINE THIS CONTRACT FOR 10 DAYS. If for any reason you are not satisfied with this contract, return it to us or our agent within 10 days after you receive it. We will then cancel this contract. Upon such cancellation we will refund an amount equal to the sum of: (SEE "CONTRACT VALUE AND EXPENSE PROVISIONS" AND "ANNUITY PAYMENT PROVISIONS" FOR DETAILS.1) [SBL LOGO] SECURITY BENEFIT LIFE INSURANCE COMPANY A Member the contract value, including any Market Value Adjustment, if applicable, and less any purchase payment credits, if applicable, at the end of The Security Benefit Group of Companies ▇the Valuation Period during which we receive the contract; and (2) any premium tax charges paid. This contract will then be considered void from its start. /s/ Eric L. Marhoun /s/ Carol A. Holton Secreta▇▇ ▇▇ ▇▇▇▇▇▇▇▇ Street, Topeka, KS 66636-0001 ▇-▇▇▇-▇▇▇-▇▇▇▇ The variable annuity covered by this President o Flexible Purchase Payments o Investment Experience Reflected in Benefits o Variable Accumulation Values o Optional Variable or Fixed Dollar Annuity Payments o Annuity Payments to Begin on the Retirement Date o This Contract is the subject of a pending patent application in the United States Patent and Trademark Office. V6029 (8-00) -------------------------------------------------------------------------------- TABLE OF CONTENTS -------------------------------------------------------------------------------- Page Nonparticipating -- Dividends Are Not Payable [SSOB8B6FCC&L] 272876 A(12/03)] CONTRACT DATA PAGE........................................................ 3 DEFINITIONS............................................................... 4DATA

PLEASE READ YOUR CONTRACT CAREFULLY. It is a legal Contract between you, the Owner, and us, SBL. The Contract's table of contents is on page 2. FREE LOOK PERIOD-RIGHT TO CANCEL YOU MAY RETURN THIS CONTRACT WITHIN 10 DAYS AFTER YOU RECEIVE IT. YOU MAY RETURN THE CONTRACT BY DELIVERING OR MAILING IT TO SBL. THIS CONTRACT WILL THEN BE DEEMED VOID FROM THE BEGINNING. NO WITHDRAWAL CHARGE WILL BE IMPOSED, AND WE WILL REFUND YOUR CONTRACT VALUE, INCLUDING ANY FEES AND/OR CHARGES FOR PREMIUM TAX THAT WERE DEDUCTED FROM THAT CONTRACT VALUE, LESS THE VALUE OF ANY CREDIT ENHANCEMENTS MADE INTO THE CONTRACT, AS OF THE DATE WE RECEIVE THE RETURNED CONTRACT. Signed for Security Benefit Life Insurance Company on the Contract Date. ▇▇▇▇▇ ▇. ▇▇▇▇▇ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ /s/ R____ K. V_______ /s/ K____ A. ________ Secretary President A BRIEF DESCRIPTION OF THIS CONTRACT This is a FLEXIBLE PREMIUM DEFERRED VARIABLE ANNUITY CONTRACT. * Investment Experience is Reflected in Benefits * Variable and Fixed Accumulation Before the Annuity Start Date; Variable and Fixed Annuity Payments Thereafter * Death Benefit Proceeds are Payable Before the Annuity Start Date * This Contract is Non-Participating BENEFITS AND VALUES PROVIDED BY THIS CONTRACT MAY BE ON A VARIABLE BASIS. AMOUNTS DIRECTED INTO ONE OR MORE OF THE SUBACCOUNTS WILL REFLECT THE INVESTMENT EXPERIENCE OF THOSE SUBACCOUNTS. THESE AMOUNTS MAY INCREASE OR DECREASE AND ARE NOT GUARANTEED AS TO DOLLAR AMOUNT. (SEE "CONTRACT VALUE AND EXPENSE PROVISIONS" AND "ANNUITY PAYMENT PROVISIONS" FOR DETAILS.) [SBL LOGOlogo] SECURITY BENEFIT LIFE INSURANCE COMPANY A Member of The Security Benefit Group of Companies 700 SW Harrison Stree▇, ▇▇▇▇▇▇, ▇▇ ▇6636-0001 1-800-888-2461 ▇▇▇ ▇▇▇▇▇▇▇▇ Street, Topeka, KS 66636-0001 ▇-▇▇▇-▇▇▇-▇▇▇▇ The variable ble annuity covered by this Contract is the subject of a pending patent application in the United States Patent and Trademark Office. V6029 (8-00) -------------------------------------------------------------------------------- TABLE OF CONTENTS -------------------------------------------------------------------------------- Page CONTRACT DATA PAGE........................................................ ................................... 3 DEFINITIONS............................................................... .......................................... 4

PLEASE READ YOUR CONTRACT CAREFULLY. It If the annuitant is a legal Contract between youliving on the Retirement Date, we will begin to pay you monthly annuity payments. Any payments made by us are subject to the Owner, and us, SBLterms of this contract. The Contract's table owner and beneficiary are as named in the application unless they are changed as provided for in this contract. We issue this contract in consideration of contents is on page 2. FREE LOOK PERIOD-RIGHT TO CANCEL YOU MAY RETURN THIS CONTRACT WITHIN 10 DAYS AFTER YOU RECEIVE IT. YOU MAY RETURN THE CONTRACT BY DELIVERING OR MAILING IT TO SBL. THIS CONTRACT WILL THEN BE DEEMED VOID FROM THE BEGINNING. NO WITHDRAWAL CHARGE WILL BE IMPOSED, AND WE WILL REFUND YOUR CONTRACT VALUE, INCLUDING ANY FEES AND/OR CHARGES FOR PREMIUM TAX THAT WERE DEDUCTED FROM THAT CONTRACT VALUE, LESS THE VALUE OF ANY CREDIT ENHANCEMENTS MADE INTO THE CONTRACT, AS OF THE DATE WE RECEIVE THE RETURNED CONTRACTyour application and the payment of the purchase payments. Signed for Security Benefit and issued by American Enterprise Life Insurance Company on of Indianapolis, Indiana, as of the Contract Datecontract date. ▇▇▇▇▇ ▇. ▇▇▇▇▇ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Secretary President A BRIEF DESCRIPTION OF THIS CONTRACT This is a FLEXIBLE PREMIUM DEFERRED VARIABLE ACCUMULATION VALUES AND ANNUITY CONTRACT. * Investment Experience is Reflected in Benefits * Variable and Fixed Accumulation Before the Annuity Start Date; Variable and Fixed Annuity Payments Thereafter * Death Benefit Proceeds are Payable Before the Annuity Start Date * This Contract is Non-Participating BENEFITS AND VALUES PROVIDED BY THIS CONTRACT MAY BE PAYMENTS, WHEN BASED ON A VARIABLE BASIS. AMOUNTS DIRECTED INTO ONE OR MORE THE INVESTMENT RESULTS OF THE SUBACCOUNTS WILL REFLECT THE INVESTMENT EXPERIENCE OF THOSE SUBACCOUNTS. THESE AMOUNTS MAY INCREASE OR DECREASE SEPARATE ACCOUNT, ARE VARIABLE AND ARE NOT GUARANTEED AS TO FIXED DOLLAR AMOUNT. SEE PAGE 12 FOR VARIABLE PROVISIONS. PAYMENTS AND VALUES BASED ON THE GUARANTEE PERIOD ACCOUNTS ARE SUBJECT TO A MARKET VALUE ADJUSTMENT FORMULA, THE OPERATION OF WHICH MAY RESULT IN UPWARD AND DOWNWARD ADJUSTMENTS IN AMOUNTS PAYABLE TO AN OWNER OR ANNUITANT, INCLUDING WITHDRAWALS, TRANSFERS AND AMOUNTS APPLIED TO PURCHASE AN ANNUITY. SEE PAGE 14 FOR MARKET VALUE ADJUSTMENT PROVISIONS. NOTICE OF YOUR RIGHT TO EXAMINE THIS CONTRACT FOR 10 DAYS. If for any reason you are not satisfied with this contract, return it to us or our agent within 10 days after you receive it. We will then cancel this contract. Upon such cancellation we will refund an amount equal to the sum of: (SEE "CONTRACT VALUE AND EXPENSE PROVISIONS" AND "ANNUITY PAYMENT PROVISIONS" FOR DETAILS.1) [SBL LOGO] SECURITY BENEFIT LIFE INSURANCE COMPANY A Member the contract value, including any Market Value Adjustment, if applicable, at the end of The Security Benefit Group of Companies the Valuation Period during which we receive the contract; and (2) any premium tax charges paid. This contract will then be considered void from its start. /s/ Teresa J. Rasmussen /▇▇/ Carol A. Holton ----------------------- -------------------- Teresa J. Rasmussen Carol A. Holton Secretar▇ ▇▇ ▇▇▇▇▇▇▇▇ Street, Topeka, KS 66636-0001 ▇-▇▇▇-▇▇▇-▇▇▇▇ The variable annuity covered by this President o Flexible Purchase Payments o Investment Experience Reflected in Benefits o Optional Fixed Dollar or Variable Accumulation Values and Annuity Payments o Annuity Payments to Begin on the Retirement Date o This Contract is the subject of a pending patent application in the United States Patent and Trademark Office. V6029 (8-00) -------------------------------------------------------------------------------- TABLE OF CONTENTS -------------------------------------------------------------------------------- Page CONTRACT DATA PAGE........................................................ 3 DEFINITIONS............................................................... 4Nonparticipating -- Dividends Are Not Payable Guide to Contract Provisions

PLEASE READ YOUR CONTRACT CAREFULLY. It is a legal Contract between you, the Owner, and us, SBL. The Contract's table of contents is on page 2. FREE LOOK PERIOD-RIGHT TO CANCEL YOU MAY RETURN THIS CONTRACT WITHIN 10 DAYS AFTER YOU RECEIVE IT. YOU MAY RETURN THE CONTRACT BY DELIVERING OR MAILING IT TO SBL. THIS CONTRACT WILL THEN BE DEEMED VOID FROM THE BEGINNING. NO WITHDRAWAL CHARGE WILL BE IMPOSED, AND WE WILL REFUND YOUR CONTRACT VALUE, INCLUDING ANY FEES AND/OR CHARGES FOR PREMIUM TAX THAT WERE DEDUCTED FROM THAT CONTRACT VALUE, LESS THE VALUE OF ANY CREDIT ENHANCEMENTS MADE INTO THE CONTRACT, AS OF THE DATE WE RECEIVE THE RETURNED CONTRACT. Signed for Security Benefit Life Insurance Company on the Contract Date. [▇. ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ ▇] [▇▇▇▇ ▇. ▇▇▇▇▇▇▇ ▇] Secretary President A BRIEF DESCRIPTION OF THIS CONTRACT This is a FLEXIBLE PREMIUM DEFERRED VARIABLE ANNUITY CONTRACT. * Investment Experience is Reflected in Benefits * Variable and Fixed Accumulation Before the Annuity Start Date; Variable and Fixed Annuity Payments Thereafter * Death Benefit Proceeds are Payable Before the Annuity Start Date * The Annuity Start Date may be changed by the Owner as described in this Contract * This Contract is Non-Participating * No Withdrawal charge applies to Annuity Payments under Annuity Options 1 through 4 or 8, or under Options 5 through 7 provided that Annuity Payments under Options 5 through 7 are made for at least 7 years BENEFITS AND VALUES PROVIDED BY THIS CONTRACT MAY BE ON A VARIABLE BASIS. AMOUNTS DIRECTED INTO ONE OR MORE OF THE SUBACCOUNTS WILL REFLECT THE INVESTMENT EXPERIENCE OF THOSE SUBACCOUNTS. THESE AMOUNTS MAY INCREASE OR DECREASE AND ARE NOT GUARANTEED AS TO DOLLAR AMOUNT. (SEE "CONTRACT VALUE AND EXPENSE PROVISIONS" AND "ANNUITY PAYMENT PROVISIONS" FOR DETAILS.) [SBL LOGO] WITHDRAWALS FROM THE FIXED ACCOUNT MAY BE SUBJECT TO A MARKET VALUE ADJUSTMENT. SECURITY BENEFIT LIFE INSURANCE COMPANY A Member of The [One Security Benefit Group of Companies ▇▇▇ ▇▇ ▇▇▇▇▇▇▇▇ StreetPlace, Topeka, KS 66636-0001 ▇-▇▇▇-▇▇▇-▇▇▇▇ ▇] Call the above number if you have inquiries, to obtain information about coverage and for assistance in resolving complaints. The variable annuity covered by this Contract is the subject of a pending patent application in the United States Patent and Trademark Office. V6029 (8-00) -------------------------------------------------------------------------------- TABLE OF CONTENTS -------------------------------------------------------------------------------- Page CONTRACT DATA PAGE........................................................ ................................... 3 DEFINITIONS............................................................... .......................................... 4

PLEASE READ YOUR CONTRACT CAREFULLY. It is a legal Contract between you, the Owner, Owner and us, SBLthe Company. The Contract's table of contents is on page 2. FREE LOOK PERIOD-RIGHT TO CANCEL YOU IF FOR ANY REASON THE OWNER IS NOT SATISFIED WITH THIS CONTRACT, HE OR SHE MAY RETURN THIS CONTRACT IT TO THE COMPANY WITHIN 10 DAYS AFTER YOU RECEIVE ITFROM THE DATE OF RECEIPT. YOU IT MAY RETURN THE CONTRACT BE RETURNED BY DELIVERING OR MAILING IT TO SBLTHE COMPANY. IF RETURNED, THIS CONTRACT WILL THEN SHALL BE DEEMED VOID FROM THE BEGINNINGCONTRACT DATE. NO WITHDRAWAL CHARGE WILL BE IMPOSED, AND WE THE COMPANY WILL REFUND YOUR ANY PURCHASE PAYMENTS MADE AND ALLOCATED TO THE FIXED ACCOUNT AND WILL REFUND SEPARATE ACCOUNT CONTRACT VALUE, INCLUDING ANY FEES AND/OR CHARGES FOR PREMIUM TAX THAT WERE DEDUCTED FROM THAT CONTRACT VALUE, LESS THE VALUE OF ANY CREDIT ENHANCEMENTS MADE INTO THE CONTRACT, AS OF THE DATE WE RECEIVE THE RETURNED CONTRACTPOLICY IS RECEIVED BY THE COMPANY. Signed for Security Benefit Life Insurance Company on the Contract Date. ▇▇▇▇▇ ▇. ▇▇▇▇▇ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Secretary President A BRIEF DESCRIPTION OF THIS CONTRACT This is a FLEXIBLE PREMIUM DEFERRED VARIABLE ANNUITY CONTRACT. * Investment Experience is Reflected in Benefits * Variable and Fixed Accumulation Before Purchase Payments may be made until the earlier of the Annuity Start Date; Variable and Fixed Payout Date or termination of the Contract. * A Death Benefit may be paid prior to the Annuity Payout Date according to the Contract provisions. * Annuity Payments Thereafter * Death Benefit Proceeds are Payable Before begin on the Annuity Start Payout Date * This Contract is Non-Participating BENEFITS using the method specified in this Contract. ALL PAYMENTS AND VALUES PROVIDED BY THIS CONTRACT MAY BE CONTRACT, WHEN BASED ON A VARIABLE BASIS. AMOUNTS DIRECTED INTO ONE OR MORE OF THE SUBACCOUNTS WILL REFLECT THE INVESTMENT EXPERIENCE OF THOSE SUBACCOUNTS. THESE AMOUNTS THE SEPARATE ACCOUNT, ARE VARIABLE AND MAY INCREASE OR DECREASE AND IN ACCORDANCE WITH THE INVESTMENT EXPERIENCE OF THE SEPARATE ACCOUNT. THERE ARE NOT NO GUARANTEED AS TO DOLLAR AMOUNTMINIMUM PAYMENTS OR CASH VALUES. (SEE "CONTRACT VALUE AND EXPENSE PROVISIONS" AND "ANNUITY PAYMENT PROVISIONS" FOR DETAILS.) [SBL SBG LOGO] SECURITY BENEFIT LIFE INSURANCE COMPANY A Member of The Security Benefit Group of Companies P.O. Box 750440, Topeka, KS 66675-0440 ▇▇▇ ▇▇ ▇▇▇▇▇▇▇▇ Street, Topeka, KS 66636-0001 ▇-▇▇▇-▇▇▇-▇▇▇▇ The variable annuity covered by this Contract is the subject of a pending patent application in the United States Patent and Trademark Office. V6029 (8▇-00) ▇▇▇-▇▇▇-▇▇▇▇ FOR CUSTOMER SERVICE -------------------------------------------------------------------------------- TABLE OF CONTENTS -------------------------------------------------------------------------------- Page CONTRACT DATA PAGE........................................................ 3 DEFINITIONS............................................................... 4--------------------------------------------------------------------------------

PLEASE READ YOUR CONTRACT CAREFULLY. It is a legal Contract between you, the Owner, and us, SBL. The Contract's table of contents is on page 2. FREE LOOK PERIOD-RIGHT TO CANCEL YOU MAY RETURN THIS CONTRACT WITHIN 10 DAYS AFTER YOU RECEIVE IT. YOU MAY RETURN THE CONTRACT BY DELIVERING OR MAILING IT TO SBL. THIS CONTRACT WILL THEN BE DEEMED VOID FROM THE BEGINNING. NO WITHDRAWAL CHARGE WILL BE IMPOSED, AND WE WILL REFUND YOUR CONTRACT VALUE, INCLUDING ANY FEES AND/OR CHARGES FOR PREMIUM TAX THAT WERE DEDUCTED FROM THAT CONTRACT VALUE, LESS THE VALUE OF ANY CREDIT ENHANCEMENTS MADE INTO THE CONTRACT, AS OF THE DATE WE RECEIVE THE RETURNED CONTRACT. Signed for Security Benefit Life Insurance Company on the Contract Date. ▇▇▇▇▇ ▇. ▇▇▇▇▇ ▇▇▇▇ ▇. ROGER K. VIOLA KRIS A. ROBBINS ▇▇▇▇▇▇▇ Secretary ▇▇y President A BRIEF DESCRIPTION OF THIS CONTRACT This is a FLEXIBLE PREMIUM DEFERRED VARIABLE ANNUITY CONTRACT. * Investment Experience is Reflected in Benefits * Variable and Fixed Accumulation Before the Annuity Start Date; Variable and Fixed Annuity Payments Thereafter * Death Benefit Proceeds are Payable Before the Annuity Start Date * This Contract is Non-Participating BENEFITS AND VALUES PROVIDED BY THIS CONTRACT MAY BE ON A VARIABLE BASIS. AMOUNTS DIRECTED INTO ONE OR MORE OF THE SUBACCOUNTS WILL REFLECT THE INVESTMENT EXPERIENCE OF THOSE SUBACCOUNTS. THESE AMOUNTS MAY INCREASE OR DECREASE AND ARE NOT GUARANTEED AS TO DOLLAR AMOUNT. (SEE "CONTRACT VALUE AND EXPENSE PROVISIONS" AND "ANNUITY PAYMENT PROVISIONS" FOR DETAILS.) [SBL LOGO] SECURITY BENEFIT LIFE INSURANCE COMPANY A Member of The Security Benefit Group of Companies 700 SW Harrison Stree▇, ▇▇▇▇▇▇, ▇▇ ▇6636-0001 1-800-888-2461 T▇▇ ▇▇▇▇▇▇▇▇ Street, Topeka, KS 66636-0001 ▇-▇▇▇-▇▇▇-▇▇▇▇ The variable annuity nuity covered by this Contract is the subject of a pending patent application in the United States Patent and Trademark Office. V6029 (811-00) -------------------------------------------------------------------------------- TABLE OF CONTENTS -------------------------------------------------------------------------------- Page CONTRACT DATA PAGE........................................................ 3 DEFINITIONS............................................................... 4

PLEASE READ YOUR CONTRACT CAREFULLY. It If the annuitant is a legal Contract between youliving on the Retirement Date, we will begin to pay you monthly annuity payments. Any payments made by us are subject to the Owner, and us, SBLterms of this contract. The Contract's table owner and beneficiary are as named in the application unless they are changed as provided for in this contract. We issue this contract in consideration of contents is on page 2. FREE LOOK PERIOD-RIGHT TO CANCEL YOU MAY RETURN THIS CONTRACT WITHIN 10 DAYS AFTER YOU RECEIVE IT. YOU MAY RETURN THE CONTRACT BY DELIVERING OR MAILING IT TO SBL. THIS CONTRACT WILL THEN BE DEEMED VOID FROM THE BEGINNING. NO WITHDRAWAL CHARGE WILL BE IMPOSED, AND WE WILL REFUND YOUR CONTRACT VALUE, INCLUDING ANY FEES AND/OR CHARGES FOR PREMIUM TAX THAT WERE DEDUCTED FROM THAT CONTRACT VALUE, LESS THE VALUE OF ANY CREDIT ENHANCEMENTS MADE INTO THE CONTRACT, AS OF THE DATE WE RECEIVE THE RETURNED CONTRACTyour application and the payment of the initial purchase payment. Signed for Security Benefit and issued by American Enterprise Life Insurance Company on of Indianapolis, Indiana, as of the Contract Datecontract date. ▇▇▇▇▇ ▇. ▇▇▇▇▇ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Secretary President A BRIEF DESCRIPTION OF THIS CONTRACT This is a FLEXIBLE PREMIUM DEFERRED VARIABLE ACCUMULATION VALUES AND ANNUITY CONTRACT. * Investment Experience is Reflected in Benefits * Variable and Fixed Accumulation Before the Annuity Start Date; Variable and Fixed Annuity Payments Thereafter * Death Benefit Proceeds are Payable Before the Annuity Start Date * This Contract is Non-Participating BENEFITS AND VALUES PROVIDED BY THIS CONTRACT MAY BE PAYMENTS, WHEN BASED ON A VARIABLE BASIS. AMOUNTS DIRECTED INTO ONE OR MORE THE INVESTMENT RESULTS OF THE SUBACCOUNTS WILL REFLECT THE INVESTMENT EXPERIENCE OF THOSE SUBACCOUNTS. THESE AMOUNTS MAY INCREASE OR DECREASE SEPARATE ACCOUNT, ARE VARIABLE AND ARE NOT GUARANTEED AS TO FIXED DOLLAR AMOUNT. SEE PAGE 12 FOR VARIABLE PROVISIONS. PAYMENTS AND VALUES BASED ON THE GUARANTEE PERIOD ACCOUNTS ARE SUBJECT TO A MARKET VALUE ADJUSTMENT FORMULA, THE OPERATION OF WHICH MAY RESULT IN UPWARD AND DOWNWARD ADJUSTMENTS IN AMOUNTS PAYABLE TO AN OWNER OR ANNUITANT, INCLUDING WITHDRAWALS, TRANSFERS AND AMOUNTS APPLIED TO PURCHASE AN ANNUITY. SEE PAGE 14 FOR MARKET VALUE ADJUSTMENT PROVISIONS. NOTICE OF YOUR RIGHT TO EXAMINE THIS CONTRACT FOR 10 DAYS. If for any reason you are not satisfied with this contract, return it to us or our agent within 10 days after you receive it. We will then cancel this contract. Upon such cancellation we will refund an amount equal to the sum of: (SEE "CONTRACT VALUE AND EXPENSE PROVISIONS" AND "ANNUITY PAYMENT PROVISIONS" FOR DETAILS.1) [SBL LOGO] SECURITY BENEFIT LIFE INSURANCE COMPANY A Member the contract value, including any Market Value Adjustment, if applicable, and less any purchase payment credits, at the end of The Security Benefit Group of Companies ▇▇▇ ▇▇ ▇▇▇▇▇▇▇▇ Street, Topeka, KS 66636-0001 ▇-▇▇▇-▇▇▇-▇▇▇▇ The variable annuity covered by this the Valuation Period during which we receive the contract; and (2) any premium tax charges paid. This contract will then be considered void from its start. Secretary President Flexible Purchase Payments Investment Experience Reflected in Benefits Optional Fixed Dollar or Variable Accumulation Values and Annuity Payments Annuity Payments to Begin on the Retirement Date This Contract is the subject of a pending patent application in the United States Patent and Trademark Office. V6029 (8-00) -------------------------------------------------------------------------------- TABLE OF CONTENTS -------------------------------------------------------------------------------- Page CONTRACT DATA PAGE........................................................ 3 DEFINITIONS............................................................... 4Nonparticipating -- Dividends Are Not Payable Guide to Contract Provisions

PLEASE READ YOUR CONTRACT CAREFULLY. It If the annuitant is a legal Contract between youliving on the Retirement Date, we will begin to pay you monthly annuity payments. Any payments made by us are subject to the Owner, and us, SBLterms of this contract. The Contract's table owner and beneficiary are as named in the application unless they are changed as provided for in this contract. We issue this contract in consideration of contents is on page 2your application and the payment of the purchase payments. FREE LOOK PERIOD-Signed for and issued by American Enterprise Life Insurance Company of Indianapolis, Indiana, as of the contract date. ACCUMULATION VALUES AND ANNUITY PAYMENTS BASED ON THE INVESTMENT RESULTS OF THE SEPARATE ACCOUNT ARE VARIABLE AND NOT GUARANTEED AS TO FIXED DOLLAR AMOUNT. SEE PAGE 10. NOTICE OF YOUR RIGHT TO CANCEL YOU MAY RETURN EXAMINE THIS CONTRACT FOR 10 DAYS. IF FOR ANY REASON YOU ARE NOT SATISFIED WITH THIS CONTRACT, RETURN IT TO US OR OUR AGENT WITHIN 10 DAYS AFTER YOU RECEIVE IT. YOU MAY RETURN WE WILL THEN CANCEL THIS CONTRACT. UPON SUCH CANCELLATION WE WILL REFUND AN AMOUNT EQUAL TO THE SUM OF: (1) THE CONTRACT BY DELIVERING OR MAILING IT TO SBLVALUE; AND (2) ANY PREMIUM TAX CHARGES PAID. THIS CONTRACT WILL THEN BE DEEMED CONSIDERED VOID FROM THE BEGINNINGITS START. NO WITHDRAWAL CHARGE WILL BE IMPOSED, AND WE WILL REFUND YOUR CONTRACT VALUE, INCLUDING ANY FEES AND/OR CHARGES FOR PREMIUM TAX THAT WERE DEDUCTED FROM THAT CONTRACT VALUE, LESS THE VALUE OF ANY CREDIT ENHANCEMENTS MADE INTO THE CONTRACT, AS OF THE DATE WE RECEIVE THE RETURNED CONTRACT. Signed for Security Benefit Life Insurance Company on the Contract Date. ▇▇▇▇▇ ▇. ▇▇▇▇▇ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ [ILLEGIBLE] [ILLEGIBLE] Secretary President A BRIEF DESCRIPTION OF o FLEXIBLE PURCHASE PAYMENT DEFERRED ANNUITY CONTRACT o INVESTMENT EXPERIENCE REFLECTED IN BENEFITS o VARIABLE ACCUMULATION VALUES AND OPTIONAL FIXED DOLLAR OR VARIABLE ANNUITY PAYMENTS o ANNUITY PAYMENTS TO BEGIN ON THE RETIREMENT DATE o THIS CONTRACT This is a FLEXIBLE PREMIUM DEFERRED VARIABLE ANNUITY CONTRACT. * Investment Experience is Reflected in Benefits * Variable and Fixed Accumulation Before the Annuity Start Date; Variable and Fixed Annuity Payments Thereafter * Death Benefit Proceeds are Payable Before the Annuity Start Date * This Contract is Non-Participating BENEFITS AND VALUES PROVIDED BY THIS CONTRACT MAY BE ON A VARIABLE BASIS. AMOUNTS DIRECTED INTO ONE OR MORE OF THE SUBACCOUNTS WILL REFLECT THE INVESTMENT EXPERIENCE OF THOSE SUBACCOUNTS. THESE AMOUNTS MAY INCREASE OR DECREASE AND IS NONPARTICIPATING -- DIVIDENDS ARE NOT GUARANTEED AS PAYABLE [Option C] 271498 [A(5/03)] GUIDE TO DOLLAR AMOUNT. (SEE "CONTRACT VALUE AND EXPENSE PROVISIONS" AND "ANNUITY PAYMENT PROVISIONS" FOR DETAILS.) [SBL LOGO] SECURITY BENEFIT LIFE INSURANCE COMPANY A Member of The Security Benefit Group of Companies ▇▇▇ ▇▇ ▇▇▇▇▇▇▇▇ Street, Topeka, KS 66636-0001 ▇-▇▇▇-▇▇▇-▇▇▇▇ The variable annuity covered by this Contract is the subject of a pending patent application in the United States Patent and Trademark Office. V6029 (8-00) -------------------------------------------------------------------------------- TABLE OF CONTENTS -------------------------------------------------------------------------------- Page CONTRACT DATA PAGE........................................................ 3 DEFINITIONS............................................................... 4

PLEASE READ YOUR CONTRACT CAREFULLY. It is a legal Contract between you, the Owner, Owner and us, SBLthe Company. The Contract's table of contents is on page 2. FREE LOOK PERIOD-RIGHT TO CANCEL YOU IF FOR ANY REASON THE OWNER IS NOT SATISFIED WITH THIS CONTRACT, HE OR SHE MAY RETURN THIS CONTRACT IT TO THE COMPANY WITHIN 10 30 DAYS AFTER YOU RECEIVE ITFROM THE DATE OF RECEIPT. YOU IT MAY RETURN THE CONTRACT BE RETURNED BY DELIVERING OR MAILING IT TO SBLTHE COMPANY. IF RETURNED, THIS CONTRACT WILL THEN SHALL BE DEEMED VOID FROM THE BEGINNINGCONTRACT DATE. NO WITHDRAWAL CHARGE WILL BE IMPOSED, AND WE THE COMPANY WILL REFUND YOUR (I) ANY PURCHASE PAYMENTS MADE AND ALLOCATED TO THE FIXED ACCOUNT; AND (II) SEPARATE ACCOUNT CONTRACT VALUE, INCLUDING ANY FEES AND/OR CHARGES FOR PREMIUM TAX THAT WERE DEDUCTED FROM THAT CONTRACT VALUE, LESS THE VALUE OF ANY CREDIT ENHANCEMENTS MADE INTO THE CONTRACT, AS OF THE DATE WE RECEIVE THE RETURNED CONTRACTPOLICY IS POSTMARKED FOR RETURN TO THE COMPANY, INCREASED BY ANY FEES OR OTHER CHARGES PAID. Signed for First Security Benefit Life Insurance and Annuity Company of New York on the Contract Date. ▇▇▇▇▇ ▇. ▇▇▇▇▇ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Secretary President A BRIEF DESCRIPTION OF THIS CONTRACT This is a FLEXIBLE PREMIUM DEFERRED VARIABLE ANNUITY CONTRACT. * Investment Experience is Reflected in Benefits * Variable and Fixed Accumulation Before Purchase Payments may be made until the earlier of the Annuity Start Date; Variable and Fixed Payout Date or termination of the Contract. * A Death Benefit may be paid prior to the Annuity Payout Date according to the Contract provisions. * Annuity Payments Thereafter * Death Benefit Proceeds are Payable Before begin on the Annuity Start Payout Date using the method specified in this Contract. * This The smallest annual rate of investment return that would have to be earned on the assets of the Separate Account so that the dollar amount of Variable Annuity Payments will not decrease is 3 1/2% A daily charge corresponding to an annual charge of .55% is applied to the assets of the Separate Account by the Company. Please refer to the "Contract is Non-Participating BENEFITS Value and Expense Provisions" beginning on page 10. ALL PAYMENTS AND VALUES PROVIDED BY THIS CONTRACT MAY BE CONTRACT, WHEN BASED ON A VARIABLE BASIS. AMOUNTS DIRECTED INTO ONE OR MORE OF THE SUBACCOUNTS WILL REFLECT THE INVESTMENT EXPERIENCE OF THOSE SUBACCOUNTS. THESE AMOUNTS THE SEPARATE ACCOUNT, ARE VARIABLE AND MAY INCREASE OR DECREASE AND IN ACCORDANCE WITH THE INVESTMENT EXPERIENCE OF THE SEPARATE ACCOUNT. THERE ARE NOT NO GUARANTEED AS TO DOLLAR AMOUNTMINIMUM PAYMENTS OR CASH VALUES. (SEE "CONTRACT VALUE AND EXPENSE PROVISIONS" AND "ANNUITY PAYMENT PROVISIONS" FOR DETAILS.) [SBL LOGO] FIRST SECURITY BENEFIT LIFE INSURANCE AND ANNUITY COMPANY A Member of The Security Benefit Group of Companies OF NEW YORK ▇▇ ▇▇▇▇ ▇▇▇ ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ Street, Topeka, KS 66636-0001 ▇-▇▇▇-▇▇▇-▇▇▇▇ The variable annuity covered by this Contract is the subject of a pending patent application in the United States Patent and Trademark Office. V6029 (8-00) ▇▇▇▇▇ -------------------------------------------------------------------------------- TABLE OF CONTENTS -------------------------------------------------------------------------------- Page CONTRACT DATA PAGE........................................................ 3 DEFINITIONS............................................................... 4--------------------------------------------------------------------------------

PLEASE READ YOUR CONTRACT CAREFULLY. It is a legal Contract between you, the Owner, Owner and us, SBLthe Company. The Contract's table of contents is on page 2. FREE LOOK PERIOD-RIGHT TO CANCEL YOU IF FOR ANY REASON THE OWNER IS NOT SATISFIED WITH THIS CONTRACT, HE OR SHE MAY RETURN THIS CONTRACT IT TO THE COMPANY WITHIN 10 DAYS AFTER YOU RECEIVE ITFROM THE DATE OF RECEIPT. YOU IT MAY RETURN THE CONTRACT BE RETURNED BY DELIVERING OR MAILING IT TO SBLTHE COMPANY. IF RETURNED, THIS CONTRACT WILL THEN SHALL BE DEEMED VOID FROM THE BEGINNINGCONTRACT DATE. NO WITHDRAWAL CHARGE WILL BE IMPOSED, AND WE THE COMPANY WILL REFUND YOUR ANY PURCHASE PAYMENTS MADE AND ALLOCATED TO THE FIXED ACCOUNT AND WILL REFUND SEPARATE ACCOUNT CONTRACT VALUE, INCLUDING ANY FEES AND/OR CHARGES FOR PREMIUM TAX THAT WERE DEDUCTED FROM THAT CONTRACT VALUE, LESS THE VALUE OF ANY CREDIT ENHANCEMENTS MADE INTO THE CONTRACT, AS OF THE DATE WE RECEIVE THE RETURNED CONTRACTPOLICY IS RECEIVED BY THE COMPANY. Signed for Security Benefit Life Insurance Company on the Contract Date. ROGE▇ ▇. ▇▇▇L▇ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ ▇▇▇▇ ▇. ▇▇F▇▇▇▇▇ Secretary President A BRIEF DESCRIPTION OF THIS CONTRACT This is a FLEXIBLE PREMIUM DEFERRED VARIABLE ANNUITY CONTRACT. * Investment Experience is Reflected in Benefits * Variable and Fixed Accumulation Before Purchase Payments may be made until the Annuity Start Date; Variable and Fixed Annuity Payments Thereafter * Death Benefit Proceeds are Payable Before earlier of the Annuity Start Date or termination of the Contract. * A Death Benefit may be paid prior to the Annuity Start Date according to the Contract provisions. * Annuity Payments begin on the Annuity Start Date using the method specified in this Contract. * This Contract is Non-Participating BENEFITS Participating. ALL PAYMENTS AND VALUES PROVIDED BY THIS CONTRACT MAY BE CONTRACT, WHEN BASED ON A VARIABLE BASIS. AMOUNTS DIRECTED INTO ONE OR MORE OF THE SUBACCOUNTS WILL REFLECT THE INVESTMENT EXPERIENCE OF THOSE SUBACCOUNTS. THESE AMOUNTS THE SEPARATE ACCOUNT, ARE VARIABLE AND MAY INCREASE OR DECREASE AND IN ACCORDANCE WITH THE INVESTMENT EXPERIENCE OF THE SEPARATE ACCOUNT. THERE ARE NOT NO GUARANTEED AS TO DOLLAR AMOUNTMINIMUM PAYMENTS OR CASH VALUES. (SEE "CONTRACT VALUE AND EXPENSE PROVISIONS" AND "ANNUITY PAYMENT PROVISIONS" FOR DETAILS.) [SBL LOGO] SECURITY BENEFIT LIFE INSURANCE COMPANY A Member of The Security Benefit Group of Companies ▇▇▇ P.O. Box 750497, Topeka, KS 66675-0497 700 ▇▇ ▇▇▇▇▇▇▇▇ Street▇▇▇▇▇▇, Topeka, KS 66636-0001 ▇1-▇▇80▇-▇▇▇-▇▇▇▇ The variable annuity covered by this Contract is the subject of a pending patent application in the United States Patent and Trademark Office. V6029 ▇▇rm V6022 (810-0094) -------------------------------------------------------------------------------- TABLE OF CONTENTS -------------------------------------------------------------------------------- Page CONTRACT DATA PAGE........................................................ 3 DEFINITIONS............................................................... 4Page

PLEASE READ YOUR CONTRACT CAREFULLY. It is a legal Contract between you, the Owner, and us, SBLFSBL. The Contract's table of contents is on page 2. FREE LOOK PERIOD-RIGHT TO CANCEL IF FOR ANY REASON YOU ARE NOT SATISFIED WITH THE CONTRACT, YOU MAY RETURN THIS CONTRACT WITHIN 10 DAYS AFTER YOU RECEIVE ITIT (60 DAYS FROM THE DATE OF RECEIPT IF IT IS A REPLACEMENT CONTRACT). YOU MAY RETURN THE CONTRACT BY DELIVERING OR MAILING IT TO SBLFSBL. IF RETURNED, THIS CONTRACT WILL THEN BE DEEMED VOID FROM THE BEGINNING. NO WITHDRAWAL CHARGE WILL BE IMPOSED, AND WE WILL REFUND YOUR CONTRACT VALUE, INCLUDING ANY FEES AND/OR CHARGES FOR PREMIUM TAX THAT WERE DEDUCTED FROM THAT CONTRACT VALUE, LESS THE VALUE OF ANY CREDIT ENHANCEMENTS MADE INTO THE CONTRACT, AS OF THE DATE WE RECEIVE THE RETURNED CONTRACTCONTRACT IS DELIVERED TO FSBL, INCREASED BY ANY FEES OR OTHER CHARGES PAID. Signed for First Security Benefit Life Insurance and Annuity Company of New York on the Contract Date. ▇▇▇▇▇ ROGER ▇. ▇▇▇▇▇ ▇▇▇▇ ▇. KRIS A. ▇▇▇▇▇▇▇ Secretary President A BRIEF DESCRIPTION OF THIS CONTRACT This is a FLEXIBLE PREMIUM DEFERRED VARIABLE ANNUITY CONTRACT. * Investment Experience is Reflected in Benefits * Variable and Fixed Accumulation Before Purchase Payments may be made until the Annuity Start Date; Variable and Fixed Annuity Payments Thereafter * Death Benefit Proceeds are Payable Before earlier of the Annuity Start Date or termination of the Contract * A death benefit may be paid prior to the Annuity Start Date according to the Contract provisions * Annuity Payments begin on the Annuity Start Date using the method specified in the Contract * This Contract is Nonnon-Participating participating and does not participate in FSBL's surplus * The smallest annual net rate of return that would have to be earned on the assets of the Separate Account so that the dollar amount of variable Annuity Payments would not decrease is 3 1/2%. The annual net rate of return is based upon the rate of return of the underlying mutual fund reduced by expenses of the Separate Account, including the mortality and expense risk and administrative charges. BENEFITS AND VALUES PROVIDED BY THIS CONTRACT MAY BE ON A VARIABLE BASIS. AMOUNTS DIRECTED INTO ONE OR MORE OF THE SUBACCOUNTS WILL REFLECT ARE BASED UPON THE INVESTMENT EXPERIENCE OF THOSE SUBACCOUNTSTHE SEPARATE ACCOUNT AND ARE VARIABLE. THESE AMOUNTS MAY INCREASE OR DECREASE AND ARE NOT GUARANTEED AS TO DOLLAR AMOUNT. (SEE "CONTRACT VALUE AND EXPENSE PROVISIONS" AND "ANNUITY PAYMENT PROVISIONS" FOR DETAILS.) [SBL FSBL LOGO] FIRST SECURITY BENEFIT LIFE INSURANCE AND ANNUITY COMPANY A Member of The Security Benefit Group of Companies OF NEW YORK 70 Wes▇ ▇▇▇ ▇▇▇ ▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇ Street, Topeka, KS 66636-0001 ▇-▇▇▇▇▇ 1-800-▇▇▇-▇▇▇▇ The variable annuity covered by this Contract is the subject of a pending patent application in the United States Patent and Trademark Office. V6029 ▇▇▇▇16 (810-0001) -------------------------------------------------------------------------------- TABLE OF CONTENTS -------------------------------------------------------------------------------- Page CONTRACT DATA PAGE........................................................ 3 DEFINITIONS............................................................... 4Page

PLEASE READ YOUR CONTRACT CAREFULLY. It is a legal Contract between you, the Owner, Owner and us, SBLthe Company. The Contract's table of contents is on page 2. FREE LOOK PERIOD-RIGHT TO CANCEL YOU IF FOR ANY REASON THE OWNER IS NOT SATISFIED WITH THIS CONTRACT, THE OWNER MAY RETURN THIS CONTRACT IT TO THE COMPANY WITHIN 10 DAYS AFTER YOU RECEIVE ITFROM THE DATE OF RECEIPT. YOU IT MAY RETURN THE CONTRACT BE RETURNED BY DELIVERING OR MAILING IT TO SBLTHE COMPANY. IF RETURNED, THIS CONTRACT WILL THEN SHALL BE DEEMED VOID FROM THE BEGINNINGCONTRACT DATE. NO WITHDRAWAL CHARGE WILL BE IMPOSED, AND WE THE COMPANY WILL REFUND YOUR ANY PURCHASE PAYMENTS MADE AND ALLOCATED TO THE FIXED ACCOUNT AND WILL REFUND SEPARATE ACCOUNT CONTRACT VALUE, INCLUDING ANY FEES AND/OR CHARGES FOR PREMIUM TAX THAT WERE DEDUCTED FROM THAT CONTRACT VALUE, LESS THE VALUE OF ANY CREDIT ENHANCEMENTS MADE INTO THE CONTRACT, AS OF THE DATE WE RECEIVE THE RETURNED CONTRACTPOLICY IS RECEIVED BY THE COMPANY. Signed for Security Benefit Life Insurance Company on the Contract Date. ROGER K. VIOLA ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ ▇▇▇▇ ▇. ▇▇r▇▇▇▇▇ Secretary President A BRIEF DESCRIPTION OF THIS CONTRACT This is a FLEXIBLE PREMIUM DEFERRED GROUP UNALLOCATED VARIABLE ANNUITY CONTRACT. * Investment Experience is Reflected in Benefits * Variable and Fixed Accumulation Before *Purchase Payments may be made until termination of the Annuity Start Date; Variable and Fixed Annuity Payments Thereafter * Death Benefit Proceeds are Payable Before the Annuity Start Date * Contract. *This Contract is Non-Participating BENEFITS Participating. ALL PAYMENTS AND VALUES PROVIDED BY THIS CONTRACT MAY BE CONTRACT, WHEN BASED ON A VARIABLE BASIS. AMOUNTS DIRECTED INTO ONE OR MORE OF THE SUBACCOUNTS WILL REFLECT THE INVESTMENT EXPERIENCE OF THOSE SUBACCOUNTS. THESE AMOUNTS THE SEPARATE ACCOUNT, ARE VARIABLE AND MAY INCREASE OR DECREASE AND IN ACCORDANCE WITH THE INVESTMENT EXPERIENCE OF THE SEPARATE ACCOUNT. THERE ARE NOT NO GUARANTEED AS TO DOLLAR AMOUNTMINIMUM PAYMENTS OR CASH VALUES. (SEE "CONTRACT VALUE AND EXPENSE PROVISIONS" AND "ANNUITY PAYMENT PROVISIONS" FOR DETAILS.) [SBL LOGO] SECURITY BENEFIT LIFE INSURANCE COMPANY A Member of The Security Benefit Group of Companies 700 SW Harrison Stre▇▇▇ ▇▇ , ▇▇▇▇▇▇, ▇▇ Street, Topeka, KS 66636-0001 1-800-888-2461 Form ▇▇▇▇▇ (▇-▇▇▇-▇▇▇-▇▇▇▇ The variable annuity covered by this Contract is the subject of a pending patent application in the United States Patent and Trademark Office. V6029 (8-00) -------------------------------------------------------------------------------- TABLE OF CONTENTS -------------------------------------------------------------------------------- Page CONTRACT DATA PAGE........................................................ 3 DEFINITIONS............................................................... 4Page

PLEASE READ YOUR CONTRACT CAREFULLY. It is a legal Contract between you, the Owner, Owner and us, SBLthe Company. The Contract's table of contents is on page 2. FREE LOOK PERIOD-RIGHT TO CANCEL YOU IF FOR ANY REASON THE OWNER IS NOT SATISFIED WITH THIS CONTRACT, THE OWNER MAY RETURN THIS CONTRACT IT TO THE COMPANY WITHIN 10 DAYS AFTER YOU RECEIVE ITFROM THE DATE OF RECEIPT. YOU IT MAY RETURN THE CONTRACT BE RETURNED BY DELIVERING OR MAILING IT TO SBLTHE COMPANY. IF RETURNED, THIS CONTRACT WILL THEN SHALL BE DEEMED VOID FROM THE BEGINNINGCONTRACT DATE. NO WITHDRAWAL CHARGE WILL BE IMPOSED, AND WE THE COMPANY WILL REFUND YOUR SEPARATE ACCOUNT CONTRACT VALUE, INCLUDING ANY FEES AND/OR CHARGES FOR PREMIUM TAX THAT WERE DEDUCTED FROM THAT CONTRACT VALUE, LESS THE VALUE OF ANY CREDIT ENHANCEMENTS MADE INTO THE CONTRACT, AS OF THE DATE WE RECEIVE THE RETURNED CONTRACTPOLICY IS RECEIVED BY THE COMPANY. Signed for Security Benefit Life Insurance Company on the Contract Date. ▇▇▇▇▇ ▇. ▇▇▇▇▇ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Secretary President A BRIEF DESCRIPTION OF THIS CONTRACT This is a FLEXIBLE PREMIUM DEFERRED GROUP UNALLOCATED VARIABLE ANNUITY CONTRACT. * Investment Experience is Reflected in Benefits * Variable and Fixed Accumulation Before *Purchase Payments may be made until termination of the Annuity Start Date; Variable and Fixed Annuity Payments Thereafter * Death Benefit Proceeds are Payable Before the Annuity Start Date * Contract. *This Contract is Non-Participating BENEFITS Participating. ALL PAYMENTS AND VALUES PROVIDED BY THIS CONTRACT MAY BE CONTRACT, ARE BASED ON A VARIABLE BASIS. AMOUNTS DIRECTED INTO ONE OR MORE OF THE SUBACCOUNTS WILL REFLECT THE INVESTMENT EXPERIENCE OF THOSE SUBACCOUNTS. THESE AMOUNTS THE SEPARATE ACCOUNT, ARE VARIABLE AND MAY INCREASE OR DECREASE AND IN ACCORDANCE WITH THE INVESTMENT EXPERIENCE OF THE SEPARATE ACCOUNT. THERE ARE NOT NO GUARANTEED AS TO DOLLAR AMOUNTMINIMUM PAYMENTS OR CASH VALUES. (SEE "CONTRACT VALUE AND EXPENSE PROVISIONS" AND "ANNUITY PAYMENT PROVISIONS" FOR DETAILS.) [SBL LOGO] SECURITY BENEFIT LIFE INSURANCE COMPANY A Member of The Security Benefit Group of Companies ▇▇▇ ▇▇ ▇▇▇▇▇▇▇▇ Street, Topeka, KS 66636-0001 ▇-▇▇▇-▇▇▇-▇▇▇▇ The variable annuity covered by this Contract is the subject of a pending patent application in the United States Patent and Trademark Office. V6029 Form GV6026 (87-0098) BP 602631 -------------------------------------------------------------------------------- TABLE OF CONTENTS -------------------------------------------------------------------------------- Page CONTRACT DATA PAGE........................................................ 3 DEFINITIONS............................................................... 4Page

PLEASE READ YOUR CONTRACT CAREFULLY. It is a legal Contract between you, the Owner, and us, SBL. The Contract's table of contents is on page 2. FREE LOOK PERIOD-RIGHT TO CANCEL YOU MAY RETURN THIS CONTRACT WITHIN 10 DAYS AFTER YOU RECEIVE IT. YOU MAY RETURN THE CONTRACT BY DELIVERING OR MAILING IT TO SBL. THIS CONTRACT WILL THEN BE DEEMED VOID FROM THE BEGINNING. NO WITHDRAWAL CHARGE WILL BE IMPOSED, AND WE WILL REFUND YOUR CONTRACT VALUE, INCLUDING ANY FEES AND/OR CHARGES FOR PREMIUM TAX THAT WERE DEDUCTED FROM THAT CONTRACT VALUE, LESS THE VALUE OF ANY CREDIT ENHANCEMENTS MADE INTO THE CONTRACT, AS OF THE DATE WE RECEIVE THE RETURNED CONTRACT. Signed for Security Benefit Life Insurance Company on the Contract Date. [▇. ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ ▇] [▇▇▇▇ ▇. ▇▇▇▇▇▇▇ ▇] Secretary President A BRIEF DESCRIPTION OF THIS CONTRACT This is a FLEXIBLE PREMIUM DEFERRED VARIABLE ANNUITY CONTRACT. * Investment Experience is Reflected in Benefits * Variable and Fixed Accumulation Before the Annuity Start Date; Variable and Fixed Annuity Payments Thereafter * Death Benefit Proceeds are Payable Before the Annuity Start Date * This Contract is Non-Participating BENEFITS AND VALUES PROVIDED BY THIS CONTRACT MAY BE ON A VARIABLE BASIS. AMOUNTS DIRECTED INTO ONE OR MORE OF THE SUBACCOUNTS WILL REFLECT THE INVESTMENT EXPERIENCE OF THOSE SUBACCOUNTS. THESE AMOUNTS MAY INCREASE OR DECREASE AND ARE NOT GUARANTEED AS TO DOLLAR AMOUNT. (SEE "CONTRACT VALUE AND EXPENSE PROVISIONS" AND "ANNUITY PAYMENT PROVISIONS" FOR DETAILS.) [SBL LOGO] WITHDRAWALS FROM THE FIXED ACCOUNT MAY BE SUBJECT TO A MARKET VALUE ADJUSTMENT. SECURITY BENEFIT LIFE INSURANCE COMPANY A Member of The [One Security Benefit Group of Companies ▇▇▇ ▇▇ ▇▇▇▇▇▇▇▇ StreetPlace, Topeka, KS 66636-0001 ▇-▇▇▇-▇▇▇-▇▇▇▇ ▇] The variable annuity covered by this Contract is the subject of a pending patent application in the United States Patent and Trademark Office. V6029 (8-00) -------------------------------------------------------------------------------- TABLE OF CONTENTS -------------------------------------------------------------------------------- Page CONTRACT DATA PAGE........................................................ ................................... 3 DEFINITIONS............................................................... .......................................... 4

PLEASE READ YOUR CONTRACT CAREFULLY. It is a legal Contract between you, the Owner, Owner and us, SBLthe Company. The Contract's table of contents is on page 2. FREE LOOK PERIOD-RIGHT TO CANCEL YOU IF FOR ANY REASON THE OWNER IS NOT SATISFIED WITH THIS CONTRACT, HE OR SHE MAY RETURN THIS CONTRACT IT TO THE COMPANY WITHIN 10 DAYS AFTER YOU RECEIVE ITFROM THE DATE OF RECEIPT. YOU IT MAY RETURN THE CONTRACT BE RETURNED BY DELIVERING OR MAILING IT TO SBLTHE COMPANY. IF RETURNED, THIS CONTRACT WILL THEN SHALL BE DEEMED VOID FROM THE BEGINNINGCONTRACT DATE. NO WITHDRAWAL CHARGE WILL BE IMPOSED, AND WE THE COMPANY WILL REFUND YOUR ANY PURCHASE PAYMENTS MADE AND ALLOCATED TO THE FIXED ACCOUNT AND WILL REFUND SEPARATE ACCOUNT CONTRACT VALUE, INCLUDING ANY FEES AND/OR CHARGES FOR PREMIUM TAX THAT WERE DEDUCTED FROM THAT CONTRACT VALUE, LESS THE VALUE OF ANY CREDIT ENHANCEMENTS MADE INTO THE CONTRACT, AS OF THE DATE WE RECEIVE THE RETURNED CONTRACTPOLICY IS RECEIVED BY THE COMPANY. Signed for Security Benefit Life Insurance Company on the Contract Date. ▇▇▇▇▇ ▇. ROGER K. VIOLA HOWARD R. FRICKE Secr▇▇▇▇▇ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Secretary President A BRIEF DESCRIPTION OF THIS CONTRACT This is a FLEXIBLE PREMIUM DEFERRED VARIABLE ANNUITY CONTRACT. * Investment Experience is Reflected in Benefits * Variable and Fixed Accumulation Before Purchase Payments may be made until the Annuity Start Date; Variable and Fixed Annuity Payments Thereafter * Death Benefit Proceeds are Payable Before earlier of the Annuity Start Date or termination of the Contract. * A Death Benefit may be paid prior to the Annuity Start Date according to the Contract provisions. * Annuity Payments begin on the Annuity Start Date using the method specified in this Contract. *This Contract is Non-Participating BENEFITS Participating. ALL PAYMENTS AND VALUES PROVIDED BY THIS CONTRACT MAY BE CONTRACT, WHEN BASED ON A VARIABLE BASIS. AMOUNTS DIRECTED INTO ONE OR MORE OF THE SUBACCOUNTS WILL REFLECT THE INVESTMENT EXPERIENCE OF THOSE SUBACCOUNTS. THESE AMOUNTS THE SEPARATE ACCOUNT, ARE VARIABLE AND MAY INCREASE OR DECREASE AND IN ACCORDANCE WITH THE INVESTMENT EXPERIENCE OF THE SEPARATE ACCOUNT. THERE ARE NOT NO GUARANTEED AS TO DOLLAR AMOUNTMINIMUM PAYMENTS OR CASH VALUES. (SEE "CONTRACT VALUE AND EXPENSE PROVISIONS" AND "ANNUITY PAYMENT PROVISIONS" FOR DETAILS.) [SBL LOGO] SECURITY BENEFIT LIFE INSURANCE COMPANY A Member of The Security Benefit Group of Companies ▇▇▇ ▇▇ ▇▇▇▇▇▇▇▇ 700 SW Harrison Street, Topeka, KS 66636-0001 ▇-▇▇▇-888-▇▇▇-▇▇▇▇ The variable annuity covered by this Contract is the subject of a pending patent application in the United States Patent and Trademark Office. V6029 (8-00) 2461 -------------------------------------------------------------------------------- TABLE OF CONTENTS -------------------------------------------------------------------------------- Page CONTRACT DATA PAGE........................................................ 3 DEFINITIONS............................................................... 4Page

PLEASE READ YOUR CONTRACT CAREFULLY. It is a legal Contract between you, the Owner, Owner and us, SBLthe Company. The Contract's table of contents is on page 2. FREE LOOK PERIOD-RIGHT TO CANCEL YOU IF FOR ANY REASON THE OWNER IS NOT SATISFIED WITH THIS CONTRACT, HE OR SHE MAY RETURN THIS CONTRACT IT TO THE COMPANY WITHIN 10 DAYS AFTER YOU RECEIVE ITFROM THE DATE OF RECEIPT. YOU IT MAY RETURN THE CONTRACT BE RETURNED BY DELIVERING OR MAILING IT TO SBLTHE COMPANY. IF RETURNED, THIS CONTRACT WILL THEN SHALL BE DEEMED VOID FROM THE BEGINNINGCONTRACT DATE. NO WITHDRAWAL CHARGE WILL BE IMPOSED, AND WE THE COMPANY WILL REFUND YOUR ANY PURCHASE PAYMENTS MADE AND ALLOCATED TO THE FIXED ACCOUNT AND WILL REFUND SEPARATE ACCOUNT CONTRACT VALUE, INCLUDING ANY FEES AND/OR CHARGES FOR PREMIUM TAX THAT WERE DEDUCTED FROM THAT CONTRACT VALUE, LESS THE VALUE OF ANY CREDIT ENHANCEMENTS MADE INTO THE CONTRACT, AS OF THE DATE WE RECEIVE THE RETURNED CONTRACTPOLICY IS RECEIVED BY THE COMPANY. Signed for Security Benefit Life Insurance Company on the Contract Date. ▇▇▇▇▇ ▇. ▇▇▇▇▇ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Secretary President A BRIEF DESCRIPTION OF THIS CONTRACT This is a FLEXIBLE PREMIUM DEFERRED VARIABLE ANNUITY CONTRACT. * Investment Experience is Reflected in Benefits * Variable and Fixed Accumulation Before Purchase Payments may be made until the Annuity Start Date; Variable and Fixed Annuity Payments Thereafter * Death Benefit Proceeds are Payable Before earlier of the Annuity Start Date or termination of the Contract. * A Death Benefit may be paid prior to the Annuity Start Date according to the Contract provisions. * Annuity Payments begin on the Annuity Start Date using the method specified in this Contract. * This Contract is Non-Participating BENEFITS Participating. ALL PAYMENTS AND VALUES PROVIDED BY THIS CONTRACT MAY BE CONTRACT, WHEN BASED ON A VARIABLE BASIS. AMOUNTS DIRECTED INTO ONE OR MORE OF THE SUBACCOUNTS WILL REFLECT THE INVESTMENT EXPERIENCE OF THOSE SUBACCOUNTS. THESE AMOUNTS THE SEPARATE ACCOUNT, ARE VARIABLE AND MAY INCREASE OR DECREASE AND IN ACCORDANCE WITH THE INVESTMENT EXPERIENCE OF THE SEPARATE ACCOUNT. THERE ARE NOT NO GUARANTEED AS TO DOLLAR AMOUNTMINIMUM PAYMENTS OR CASH VALUES. (SEE "CONTRACT VALUE AND EXPENSE PROVISIONS" AND "ANNUITY PAYMENT PROVISIONS" FOR DETAILS.) [SBL LOGO] SECURITY BENEFIT LIFE INSURANCE COMPANY A Member of The Security Benefit Group of Companies P.O. Box 750497, Topeka, KS 66675-0497 ▇▇▇ ▇▇ ▇▇▇▇▇▇▇▇ Street, Topeka, KS 66636-0001 ▇-▇▇▇-▇▇▇-▇▇▇▇ The variable annuity covered by this Contract is the subject of a pending patent application in the United States Patent and Trademark Office. V6029 Form V6022 (810-0094) -------------------------------------------------------------------------------- TABLE OF CONTENTS -------------------------------------------------------------------------------- Page CONTRACT DATA PAGE........................................................ 3 DEFINITIONS............................................................... 4Page

PLEASE READ YOUR CONTRACT CAREFULLY. It is a legal Contract between you, the Owner, Owner and us, SBLthe Company. The Contract's table of contents is on page 2. FREE LOOK PERIOD-RIGHT TO CANCEL YOU IF FOR ANY REASON THE OWNER IS NOT SATISFIED WITH THIS CONTRACT, HE OR SHE MAY RETURN THIS CONTRACT IT TO THE COMPANY WITHIN 10 30 DAYS AFTER YOU RECEIVE ITFROM THE DATE OF RECEIPT. YOU IT MAY RETURN THE CONTRACT BE RETURNED BY DELIVERING OR MAILING IT TO SBLTHE COMPANY. IF RETURNED, THIS CONTRACT WILL THEN SHALL BE DEEMED VOID FROM THE BEGINNINGCONTRACT DATE. NO WITHDRAWAL CHARGE WILL BE IMPOSED, AND WE THE COMPANY WILL REFUND YOUR (I) ANY PURCHASE PAYMENTS MADE AND ALLOCATED TO THE FIXED ACCOUNT; AND (II) SEPARATE ACCOUNT CONTRACT VALUE, INCLUDING ANY FEES AND/OR CHARGES FOR PREMIUM TAX THAT WERE DEDUCTED FROM THAT CONTRACT VALUE, LESS THE VALUE OF ANY CREDIT ENHANCEMENTS MADE INTO THE CONTRACT, AS OF THE DATE WE RECEIVE THE RETURNED CONTRACTPOLICY IS POSTMARKED FOR RETURN TO THE COMPANY, INCREASED BY ANY FEES OR OTHER CHARGES PAID. Signed for First Security Benefit Life Insurance and Annuity Company of New York on the Contract Date. ROGER K. VIOLA ▇▇▇▇▇▇ R. ▇. ▇▇▇▇▇ ▇▇▇▇ ▇. ▇▇▇▇t▇▇▇ Secretary President A BRIEF DESCRIPTION OF THIS CONTRACT This is a FLEXIBLE PREMIUM DEFERRED VARIABLE ANNUITY CONTRACT. * Investment Experience is Reflected in Benefits * Variable and Fixed Accumulation Before *Purchase Payments may be made until the earlier of the Annuity Start Date; Variable and Fixed Payout Date or termination of the Contract. *A Death Benefit may be paid prior to the Annuity Payout Date according to the Contract provisions. *Annuity Payments Thereafter * Death Benefit Proceeds are Payable Before begin on the Annuity Start Payout Date * This using the method specified in this Contract. *The smallest annual rate of investment return that would have to be earned on the assets of the Separate Account so that the dollar amount of Variable Annuity Payments will not decrease is 3 1/2%. A daily charge corresponding to an annual charge of .55% is applied to the assets of the Separate Account by the Company. Please refer to the "Contract is Non-Participating BENEFITS Value and Expense Provisions" beginning on page 10. ALL PAYMENTS AND VALUES PROVIDED BY THIS CONTRACT MAY BE CONTRACT, WHEN BASED ON A VARIABLE BASIS. AMOUNTS DIRECTED INTO ONE OR MORE OF THE SUBACCOUNTS WILL REFLECT THE INVESTMENT EXPERIENCE OF THOSE SUBACCOUNTS. THESE AMOUNTS THE SEPARATE ACCOUNT, ARE VARIABLE AND MAY INCREASE OR DECREASE AND IN ACCORDANCE WITH THE INVESTMENT EXPERIENCE OF THE SEPARATE ACCOUNT. THERE ARE NOT NO GUARANTEED AS TO DOLLAR AMOUNTMINIMUM PAYMENTS OR CASH VALUES. (SEE "CONTRACT VALUE AND EXPENSE PROVISIONS" AND "ANNUITY PAYMENT PROVISIONS" FOR DETAILS.) [SBL LOGO] FIRST SECURITY BENEFIT LIFE INSURANCE AND ANNUITY COMPANY A Member of The Security Benefit Group of Companies OF NEW YORK 70 West Red Oak Lane, 4th Floor, ▇▇▇ ▇▇▇ ▇▇▇▇▇▇, ▇▇▇ Street, Topeka, KS 66636-0001 ▇-▇▇▇ ▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ (▇▇▇-▇▇▇-▇▇▇▇ The variable annuity covered by this Contract is the subject of a pending patent application in the United States Patent and Trademark Office. V6029 (8-00) -------------------------------------------------------------------------------- BP 2010P1 TABLE OF CONTENTS -------------------------------------------------------------------------------- Page PAGE CONTRACT DATA PAGE........................................................ SPECIFICATIONS ................................................ 3 DEFINITIONS............................................................... DEFINITIONS ............................................................ 4-6

PLEASE READ YOUR CONTRACT CAREFULLY. It If the annuitant is a legal Contract between youliving on the Retirement Date, we will begin to pay you monthly annuity payments. Any payments made by us are subject to the Owner, and us, SBLterms of this contract. The Contract's table owner and beneficiary are as named in the application unless they are changed as provided for in this contract. We issue this contract in consideration of contents is on page 2. FREE LOOK PERIOD-RIGHT TO CANCEL YOU MAY RETURN THIS CONTRACT WITHIN 10 DAYS AFTER YOU RECEIVE IT. YOU MAY RETURN THE CONTRACT BY DELIVERING OR MAILING IT TO SBL. THIS CONTRACT WILL THEN BE DEEMED VOID FROM THE BEGINNING. NO WITHDRAWAL CHARGE WILL BE IMPOSED, AND WE WILL REFUND YOUR CONTRACT VALUE, INCLUDING ANY FEES AND/OR CHARGES FOR PREMIUM TAX THAT WERE DEDUCTED FROM THAT CONTRACT VALUE, LESS THE VALUE OF ANY CREDIT ENHANCEMENTS MADE INTO THE CONTRACT, AS OF THE DATE WE RECEIVE THE RETURNED CONTRACTyour application and the payment of the initial purchase payment. Signed for Security Benefit and issued by American Enterprise Life Insurance Company on of Indianapolis, Indiana, as of the Contract Datecontract date. ▇▇▇▇▇ ▇. ▇▇▇▇▇ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Secretary President A BRIEF DESCRIPTION OF THIS CONTRACT This is a FLEXIBLE PREMIUM DEFERRED VARIABLE ACCUMULATION VALUES AND ANNUITY CONTRACT. * Investment Experience is Reflected in Benefits * Variable and Fixed Accumulation Before the Annuity Start Date; Variable and Fixed Annuity Payments Thereafter * Death Benefit Proceeds are Payable Before the Annuity Start Date * This Contract is Non-Participating BENEFITS AND VALUES PROVIDED BY THIS CONTRACT MAY BE PAYMENTS, WHEN BASED ON A VARIABLE BASIS. AMOUNTS DIRECTED INTO ONE OR MORE THE INVESTMENT RESULTS OF THE SUBACCOUNTS WILL REFLECT THE INVESTMENT EXPERIENCE OF THOSE VARIABLE SUBACCOUNTS. THESE AMOUNTS MAY INCREASE OR DECREASE , ARE VARIABLE AND ARE NOT GUARANTEED AS TO FIXED DOLLAR AMOUNT. SEE THE VARIABLE ACCOUNT PROVISIONS. PAYMENTS AND VALUES BASED ON THE GUARANTEE PERIOD ACCOUNTS ARE SUBJECT TO A MARKET VALUE ADJUSTMENT FORMULA, THE OPERATION OF WHICH MAY RESULT IN UPWARD AND DOWNWARD ADJUSTMENTS IN AMOUNTS PAYABLE TO AN OWNER OR ANNUITANT, INCLUDING WITHDRAWALS, TRANSFERS AND AMOUNTS APPLIED TO PURCHASE AN ANNUITY. SEE THE WITHDRAWAL PROVISIONS SECTION FOR MARKET VALUE ADJUSTMENT PROVISIONS. NOTICE OF YOUR RIGHT TO EXAMINE THIS CONTRACT FOR 10 DAYS. If for any reason you are not satisfied with this contract, return it to us or our agent within 10 days after you receive it. We will then cancel this contract. Upon such cancellation we will refund an amount equal to the sum of: (SEE "1) the contract value, including any Market Value Adjustment, if applicable, and less any purchase payment credits, if applicable, at the end of the Valuation Period during which we receive the contract; and (2) any premium tax charges paid. This contract will then be considered void from its start. /s/ [Illegible] /s/ [Illegible] Secretary President Flexible Purchase Payments Investment Experience Reflected in Benefits Variable Accumulation Values Optional Variable or Fixed Dollar Annuity Payments Annuity Payments to Begin on the Retirement Date This Contract is Nonparticipating -- Dividends Are Not Payable [SSOB8B6FCC&L] 272876 A(12/03)] GUIDE TO CONTRACT PROVISIONS DEFINITIONS Important words and meanings Page 3 GENERAL PROVISIONS Entire contract; Annuity tax qualification; Contract Page 5 modification; Incontestability; Benefits based on incorrect data; State laws; Reports to owner; Evidence of survival; Protection of proceeds; Payments by us; Voting rights OWNERSHIP AND BENEFICIARY Owner rights; Change of ownership; Beneficiary; Change of Page 6 Beneficiary; Assignment PURCHASE PAYMENTS Purchase payments; Payment limits; Allocations of purchase Page 8 payments, Purchase Payment Credits CONTRACT VALUE Describes the Guarantee Period and variable account contract Page 9 values; Contract administrative charge; Premium taxes; Transfers of contract values GUARANTEE PERIOD AND EXPENSE PROVISIONS" AND "VARIABLE Describes Guarantee Period Accounts and interest credited; Page 11 ACCOUNTS Describes the variable subaccounts accumulation units and values; Net investment factor; Mortality and expense risk charge; Variable account administrative charge; Annuity unit value WITHDRAWAL PROVISIONS Contract withdrawal for its withdrawal value; Rules for Page 13 withdrawal; Withdrawal charges; Waiver of withdrawal charges; Market Value Adjustment ANNUITY PAYMENT PROVISIONS" FOR DETAILS.) [SBL LOGO] SECURITY BENEFIT LIFE INSURANCE COMPANY A Member PROVISIONS When annuity payments begin; Different ways to receive Page 16 annuity payments; Determination of The Security Benefit Group payment amounts TABLES OF ANNUITY RATES Tables showing the amount of Companies ▇▇▇ ▇▇ ▇▇▇▇▇▇▇▇ Street, Topeka, KS 66636-0001 ▇-▇▇▇-▇▇▇-▇▇▇▇ The the first variable annuity covered by this Contract is payment Page 18 and the subject of a pending patent application in guaranteed fixed annuity payments for the United States Patent and Trademark Office. V6029 (8-00) -------------------------------------------------------------------------------- TABLE OF CONTENTS -------------------------------------------------------------------------------- Page CONTRACT DATA PAGE........................................................ 3 DEFINITIONS............................................................... 4various payment plans

PLEASE READ YOUR CONTRACT CAREFULLY. It is a legal Contract between you, the Owner, Owner and us, SBLthe Company. The Contract's table of contents is on page 2. FREE LOOK PERIOD-RIGHT TO CANCEL YOU IF FOR ANY REASON THE OWNER IS NOT SATISFIED WITH THIS CONTRACT, HE OR SHE MAY RETURN THIS CONTRACT IT TO THE COMPANY WITHIN 10 30 DAYS AFTER YOU RECEIVE ITFROM THE DATE OF RECEIPT. YOU IT MAY RETURN THE CONTRACT BE RETURNED BY DELIVERING OR MAILING IT TO SBLTHE COMPANY. IF RETURNED, THIS CONTRACT WILL THEN SHALL BE DEEMED VOID FROM THE BEGINNINGCONTRACT DATE. NO WITHDRAWAL CHARGE WILL BE IMPOSED, AND WE THE COMPANY WILL REFUND YOUR (i) ANY PURCHASE PAYMENTS MADE AND ALLOCATED TO THE FIXED ACCOUNT; AND (ii) SEPARATE ACCOUNT CONTRACT VALUE, INCLUDING ANY FEES AND/OR CHARGES FOR PREMIUM TAX THAT WERE DEDUCTED FROM THAT CONTRACT VALUE, LESS THE VALUE OF ANY CREDIT ENHANCEMENTS MADE INTO THE CONTRACT, AS OF THE DATE WE RECEIVE THE RETURNED CONTRACTPOLICY IS POSTMARKED FOR RETURN TO THE COMPANY, INCREASED BY ANY FEES OR OTHER CHARGES PAID. Signed for First Security Benefit Life Insurance and Annuity Company of New York on the Contract Date. ROGER K. VIOLA ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Secretary President A BRIEF DESCRIPTION OF THIS CONTRACT This is a FLEXIBLE PREMIUM DEFERRED VARIABLE ANNUITY CONTRACT. * Investment Experience is Reflected in Benefits * Variable and Fixed Accumulation Before *Purchase Payments may be made until the earlier of the Annuity Start Date; Variable and Fixed Payout Date or termination of the Contract. *A Death Benefit may be paid prior to the Annuity Payout Date according to the Contract provisions. *Annuity Payments Thereafter * Death Benefit Proceeds are Payable Before begin on the Annuity Start Payout Date * This using the method specified in this Contract. *The smallest annual rate of investment return that would have to be earned on the assets of the Separate Account so that the dollar amount of Variable Annuity Payments will not decrease is 3 1/2%. A daily charge corresponding to an annual charge of .55% is applied to the assets of the Separate Account by the Company. Please refer to the "Contract is Non-Participating BENEFITS Value and Expense Provisions" beginning on page 10. ALL PAYMENTS AND VALUES PROVIDED BY THIS CONTRACT MAY BE CONTRACT, WHEN BASED ON A VARIABLE BASIS. AMOUNTS DIRECTED INTO ONE OR MORE OF THE SUBACCOUNTS WILL REFLECT THE INVESTMENT EXPERIENCE OF THOSE SUBACCOUNTS. THESE AMOUNTS THE SEPARATE ACCOUNT, ARE VARIABLE AND MAY INCREASE OR DECREASE AND IN ACCORDANCE WITH THE INVESTMENT EXPERIENCE OF THE SEPARATE ACCOUNT. THERE ARE NOT NO GUARANTEED AS TO DOLLAR AMOUNTMINIMUM PAYMENTS OR CASH VALUES. (SEE "CONTRACT VALUE AND EXPENSE PROVISIONS" AND "ANNUITY PAYMENT PROVISIONS" FOR DETAILS.) [SBL LOGO] FIRST SECURITY BENEFIT LIFE INSURANCE AND ANNUITY COMPANY A Member of The Security Benefit Group of Companies OF NEW YORK 70 West Red Oa▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ Street, Topeka, KS 66636-0001 ▇-▇▇▇-▇▇▇-▇▇▇▇ The variable annuity covered by this Contract is the subject of a pending patent application in the United States Patent and Trademark Office. V6029 ▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ (8R10-00) -------------------------------------------------------------------------------- BP 2010P1 TABLE OF CONTENTS -------------------------------------------------------------------------------- Page PAGE CONTRACT DATA PAGE........................................................ SPECIFICATIONS ................................................ 3 DEFINITIONS............................................................... DEFINITIONS ............................................................ 4-6

PLEASE READ YOUR CONTRACT CAREFULLY. It is a legal Contract between you, the Owner, Owner and us, SBLthe Company. The Contract's table of contents is on page 2. FREE LOOK PERIOD-RIGHT TO CANCEL YOU -- IF FOR ANY REASON THE OWNER IS NOT SATISFIED WITH THIS CONTRACT, THE OWNER MAY RETURN THIS CONTRACT IT TO THE COMPANY WITHIN 10 DAYS AFTER YOU RECEIVE ITFROM THE DATE OF RECEIPT. YOU MAY RETURN THE CONTRACT BY DELIVERING OR MAILING IT TO SBLTHE COMPANY. IF RETURNED, THIS CONTRACT WILL THEN SHALL BE DEEMED VOID FROM THE BEGINNINGCONTRACT DATE. NO WITHDRAWAL CHARGE WILL BE IMPOSED, AND WE THE COMPANY WILL REFUND YOUR ANY PURCHASE PAYMENTS MADE AND ALLOCATED TO THE FIXED ACCOUNT AND WILL REFUND SEPARATE ACCOUNT CONTRACT VALUE, INCLUDING ANY FEES AND/OR CHARGES FOR PREMIUM TAX THAT WERE DEDUCTED FROM THAT CONTRACT VALUE, LESS THE VALUE OF ANY CREDIT ENHANCEMENTS MADE INTO THE CONTRACT, AS OF THE DATE WE RECEIVE THE RETURNED CONTRACTPOLICY IS RECEIVED BY THE COMPANY. Signed for Security Benefit Life Insurance Company on the Contract Date. ▇▇▇▇▇ ▇. ▇▇▇▇▇ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Secretary President A BRIEF DESCRIPTION OF THIS CONTRACT This is a FLEXIBLE PREMIUM DEFERRED COMBINATION FIXED AND VARIABLE GROUP UNALLOCATED ANNUITY CONTRACT. * Investment Experience is Reflected in Benefits * Variable and Fixed Accumulation Before *Purchase Payments may be made until termination of the Annuity Start Date; Variable and Fixed Annuity Payments Thereafter * Death Benefit Proceeds are Payable Before the Annuity Start Date * Contract. *This Contract is Non-Participating BENEFITS Participating. ALL PAYMENTS AND VALUES PROVIDED BY THIS CONTRACT MAY BE CONTRACT, WHEN BASED ON A VARIABLE BASIS. AMOUNTS DIRECTED INTO ONE OR MORE OF THE SUBACCOUNTS WILL REFLECT THE INVESTMENT EXPERIENCE OF THOSE SUBACCOUNTS. THESE AMOUNTS THE SEPARATE ACCOUNT, ARE VARIABLE AND MAY INCREASE OR DECREASE IN ACCORDANCE WITH THE INVESTMENT EXPERIENCE OF THE SEPARATE ACCOUNT, AND THERE ARE NOT NO GUARANTEED AS TO DOLLAR AMOUNTMINIMUM PAYMENTS OR CASH VALUES. (SEE "CONTRACT VALUE AND EXPENSE PROVISIONS" AND "ANNUITY PAYMENT PROVISIONS" FOR DETAILS.) [SBL LOGO] SECURITY BENEFIT LIFE INSURANCE COMPANY A Member of The Security Benefit Group of Companies ▇▇▇ ▇▇ ▇▇▇▇▇▇▇▇ Street, Topeka, KS 66636-0001 ▇-▇▇▇-▇▇▇-▇▇▇▇ The variable annuity covered by this Contract is the subject of a pending patent application in the United States Patent and Trademark Office. V6029 GV6059 (81-0099) -------------------------------------------------------------------------------- TABLE OF CONTENTS -------------------------------------------------------------------------------- Page CONTRACT DATA PAGE........................................................ SPECIFICATIONS................................................... 3 DEFINITIONS............................................................... 4

PLEASE READ YOUR CONTRACT CAREFULLY. It is a legal Contract between you, the Owner, and us, SBL. The Contract's table of contents is on page 2. FREE LOOK PERIOD-RIGHT TO CANCEL YOU MAY RETURN THIS CONTRACT WITHIN 10 DAYS AFTER YOU RECEIVE IT. YOU MAY RETURN THE CONTRACT BY DELIVERING OR MAILING IT TO SBL. THIS CONTRACT WILL THEN BE DEEMED VOID FROM THE BEGINNING. NO WITHDRAWAL CHARGE WILL BE IMPOSED, AND WE WILL REFUND YOUR CONTRACT VALUE, INCLUDING ANY FEES AND/OR CHARGES FOR PREMIUM TAX THAT WERE DEDUCTED FROM THAT CONTRACT VALUE, LESS THE VALUE OF ANY CREDIT ENHANCEMENTS MADE INTO THE CONTRACT, AS OF THE DATE WE RECEIVE THE RETURNED CONTRACT. Signed for Security Benefit Life Insurance Company on the Contract Date. ▇▇▇▇▇ ▇. ▇▇▇▇▇ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Secretary President A BRIEF DESCRIPTION OF THIS CONTRACT This is a FLEXIBLE PREMIUM DEFERRED VARIABLE ANNUITY CONTRACT. * Investment Experience is Reflected in Benefits * Variable and Fixed Accumulation Before the Annuity Start Date; Variable and Fixed Annuity Payments Thereafter * Death Benefit Proceeds are Payable Before the Annuity Start Date * This Contract is Non-Participating BENEFITS AND VALUES PROVIDED BY THIS CONTRACT MAY BE ON A VARIABLE BASIS. AMOUNTS DIRECTED INTO ONE OR MORE OF THE SUBACCOUNTS WILL REFLECT THE INVESTMENT EXPERIENCE OF THOSE SUBACCOUNTS. THESE AMOUNTS MAY INCREASE OR DECREASE AND ARE NOT GUARANTEED AS TO DOLLAR AMOUNT. (SEE "CONTRACT VALUE AND EXPENSE PROVISIONS" AND "ANNUITY PAYMENT PROVISIONS" FOR DETAILS.) [SBL LOGO] SECURITY BENEFIT LIFE INSURANCE COMPANY A Member of The Security Benefit Group of Companies ▇▇▇ ▇▇ ▇▇▇▇▇▇▇▇ Street, Topeka, KS 66636-0001 ▇-▇▇▇-▇▇▇-▇▇▇▇ The variable annuity covered by this Contract is the subject of a pending patent application in the United States Patent and Trademark Office. V6029 (8-00) 00)U -------------------------------------------------------------------------------- TABLE OF CONTENTS -------------------------------------------------------------------------------- Page CONTRACT DATA PAGE........................................................ 3 DEFINITIONS............................................................... 4

PLEASE READ YOUR CONTRACT CAREFULLY. It is a legal Contract between you, the Owner, Owner and us, SBLthe Company. The Contract's table of contents is on page 2. FREE LOOK PERIOD-RIGHT TO CANCEL YOU IF FOR ANY REASON THE OWNER IS NOT SATISFIED WITH THIS CONTRACT, HE OR SHE MAY RETURN THIS CONTRACT IT TO THE COMPANY WITHIN 10 DAYS AFTER YOU RECEIVE ITFROM THE DATE OF RECEIPT. YOU IT MAY RETURN THE CONTRACT BE RETURNED BY DELIVERING OR MAILING IT TO SBLTHE COMPANY. IF RETURNED, THIS CONTRACT WILL THEN SHALL BE DEEMED VOID FROM THE BEGINNINGCONTRACT DATE. NO WITHDRAWAL CHARGE WILL BE IMPOSED, AND WE THE COMPANY WILL REFUND YOUR ANY PURCHASE PAYMENTS MADE AND ALLOCATED TO THE FIXED ACCOUNT AND WILL REFUND SEPARATE ACCOUNT CONTRACT VALUE, INCLUDING ANY FEES AND/OR CHARGES FOR PREMIUM TAX THAT WERE DEDUCTED FROM THAT CONTRACT VALUE, LESS THE VALUE OF ANY CREDIT ENHANCEMENTS MADE INTO THE CONTRACT, AS OF THE DATE WE RECEIVE THE RETURNED CONTRACTPOLICY IS RECEIVED BY THE COMPANY. Signed for Security Benefit Life Insurance Company on the Contract Date. ROGE▇ ▇. ▇▇▇L▇ ▇▇▇▇▇▇ ▇. F▇▇▇▇▇ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Secretary cretary President A BRIEF DESCRIPTION OF THIS CONTRACT This is a FLEXIBLE PREMIUM DEFERRED VARIABLE ANNUITY CONTRACT. * Investment Experience is Reflected in Benefits * Variable and Fixed Accumulation Before *Purchase Payments may be made until the Annuity Start Date; Variable and Fixed Annuity Payments Thereafter * Death Benefit Proceeds are Payable Before earlier of the Annuity Start Date * or termination of the Contract. *A Death Benefit may be paid prior to the Annuity Start Date according to the Contract provisions. *Annuity Payments begin on the Annuity Start Date using the method specified in this Contract. *This Contract is Non-Participating BENEFITS Participating. ALL PAYMENTS AND VALUES PROVIDED BY THIS CONTRACT MAY BE CONTRACT, WHEN BASED ON A VARIABLE BASIS. AMOUNTS DIRECTED INTO ONE OR MORE OF THE SUBACCOUNTS WILL REFLECT THE INVESTMENT EXPERIENCE OF THOSE SUBACCOUNTS. THESE AMOUNTS THE SEPARATE ACCOUNT, ARE VARIABLE AND MAY INCREASE OR DECREASE AND IN ACCORDANCE WITH THE INVESTMENT EXPERIENCE OF THE SEPARATE ACCOUNT. THERE ARE NOT NO GUARANTEED AS TO DOLLAR AMOUNTMINIMUM PAYMENTS OR CASH VALUES. (SEE "CONTRACT VALUE AND EXPENSE PROVISIONS" AND "ANNUITY PAYMENT PROVISIONS" FOR DETAILS.) [SBL LOGO] SECURITY BENEFIT LIFE INSURANCE COMPANY A Member of The Security Benefit Group of Companies ▇▇▇ 700 ▇▇ ▇▇▇▇▇▇▇▇ Street▇▇▇▇▇▇, Topeka, KS 66636-0001 ▇1-▇▇80▇-▇▇▇-▇▇▇▇ The variable annuity covered by this Contract is the subject of a pending patent application in the United States Patent and Trademark Office. V6029 ▇▇RM V6025 (81-0097) -------------------------------------------------------------------------------- 2 TABLE OF CONTENTS -------------------------------------------------------------------------------- Page CONTRACT DATA PAGE........................................................ 3 DEFINITIONS............................................................... 4Page

PLEASE READ YOUR CONTRACT CAREFULLY. It If the annuitant is a legal Contract between youliving on the Retirement Date, we will begin to pay you monthly annuity payments. Any payments made by us are subject to the Owner, and us, SBLterms of this contract. The Contract's table owner and beneficiary are as named in the application unless they are changed as provided for in this contract. We issue this contract in consideration of contents is on page 2. FREE LOOK PERIOD-RIGHT TO CANCEL YOU MAY RETURN THIS CONTRACT WITHIN 10 DAYS AFTER YOU RECEIVE IT. YOU MAY RETURN THE CONTRACT BY DELIVERING OR MAILING IT TO SBL. THIS CONTRACT WILL THEN BE DEEMED VOID FROM THE BEGINNING. NO WITHDRAWAL CHARGE WILL BE IMPOSED, AND WE WILL REFUND YOUR CONTRACT VALUE, INCLUDING ANY FEES AND/OR CHARGES FOR PREMIUM TAX THAT WERE DEDUCTED FROM THAT CONTRACT VALUE, LESS THE VALUE OF ANY CREDIT ENHANCEMENTS MADE INTO THE CONTRACT, AS OF THE DATE WE RECEIVE THE RETURNED CONTRACTyour application and the payment of the initial purchase payment. Signed for Security Benefit and issued by RiverSource Life Insurance Company on of Minneapolis, Minnesota, as of the Contract Datecontract date. ACCUMULATION VALUES AND ANNUITY PAYMENTS, WHEN BASED ON THE INVESTMENT RESULTS OF THE VARIABLE SUBACCOUNTS, ARE VARIABLE AND NOT GUARANTEED AS TO FIXED DOLLAR AMOUNT. SEE THE VARIABLE ACCOUNT PROVISIONS. PAYMENTS AND VALUES BASED ON THE GUARANTEE PERIOD ACCOUNTS ARE SUBJECT TO A MARKET VALUE ADJUSTMENT FORMULA, THE OPERATION OF WHICH MAY RESULT IN UPWARD AND DOWNWARD ADJUSTMENTS IN AMOUNTS PAYABLE TO AN OWNER OR ANNUITANT, INCLUDING WITHDRAWALS, TRANSFERS AND AMOUNTS APPLIED TO PURCHASE AN ANNUITY. SEE THE WITHDRAWAL PROVISIONS SECTION FOR MARKET VALUE ADJUSTMENT PROVISIONS. NOTICE OF YOUR RIGHT TO EXAMINE THIS CONTRACT FOR 10 DAYS. If for any reason you are not satisfied with this contract, return it to us or our agent within 10 days after you receive it. We will then cancel this contract. Upon such cancellation we will refund an amount equal to the sum of: (1) the contract value, including any Market Value Adjustment, if applicable, and less any purchase payment credits, if applicable, at the end of the Valuation Period during which we receive the contract; and (2) any premium tax charges paid. This contract will then be considered void from its start. /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ Secretary President A BRIEF DESCRIPTION OF THIS CONTRACT This is a FLEXIBLE PREMIUM DEFERRED VARIABLE ANNUITY CONTRACT. * Flexible Purchase Payments * Investment Experience is Reflected in Benefits * Optional Fixed Dollar or Variable Accumulation Values and Fixed Accumulation Before the Annuity Start Date; Variable and Fixed Annuity Payments Thereafter * Death Benefit Proceeds are Payable Before Annuity Payments to Begin on the Annuity Start Retirement Date * This Contract is Non-Participating BENEFITS Nonparticipating -- Dividends Are Not Payable 273954 [C(01/07)] GUIDE TO CONTRACT PROVISIONS DEFINITIONS Important words and meanings Page 3 OWNERSHIP AND VALUES PROVIDED BY THIS CONTRACT MAY BE ON A VARIABLE BASIS. AMOUNTS DIRECTED INTO ONE OR MORE OF THE SUBACCOUNTS WILL REFLECT THE INVESTMENT EXPERIENCE OF THOSE SUBACCOUNTS. THESE AMOUNTS MAY INCREASE OR DECREASE AND ARE NOT GUARANTEED AS TO DOLLAR AMOUNT. (SEE "BENEFICIARY Owner rights; Change of ownership; Beneficiary; Change of Page 6 Beneficiary; Assignment PURCHASE PAYMENTS Purchase payments; Payment limits; Allocations of Page 8 purchase payments, Purchase Payment Credits CONTRACT VALUE Describes the One-Year FixedAccount; Dollar Cost Averaging Page 9 (DCA) Fixed Account, Guarantee Period Account and variable account contract values; Interest to be credited; Contract administrative charge; Premium taxes; Transfers of contract values; Dollar Cost Averaging FIXED, GUARANTEE PERIOD Describes the One-Year Fixed Account , DCA Fixed Account; Page 11 AND EXPENSE PROVISIONS" AND "VARIABLE ACCOUNTS Describes Guarantee Period Accounts and interest credited; Describes the variable subaccounts accumulation units and values; Net investment factor; Mortality and expense risk charge; Variable account administrative charge; Annuity unit value WITHDRAWAL PROVISIONS Contract withdrawal for its withdrawal value; Rules for withdrawal; Page 13 Withdrawal charges; Waiver of withdrawal charges; Market Value Adjustment ANNUITY PAYMENT PROVISIONS" FOR DETAILS.) [SBL LOGO] SECURITY BENEFIT LIFE INSURANCE COMPANY A Member PROVISIONS When annuity payments begin; Different ways to receive annuity Page 16 payments; Determination of The Security Benefit Group payment amounts TABLES OF ANNUITY RATES Tables showing the amount of Companies ▇▇▇ ▇▇ ▇▇▇▇▇▇▇▇ Street, Topeka, KS 66636-0001 ▇-▇▇▇-▇▇▇-▇▇▇▇ The the first variable annuity covered by this Contract is payment Page 18 and the subject of a pending patent application in guaranteed fixed annuity payments for the United States Patent and Trademark Office. V6029 (8-00) -------------------------------------------------------------------------------- TABLE OF CONTENTS -------------------------------------------------------------------------------- Page CONTRACT DATA PAGE........................................................ 3 DEFINITIONS............................................................... 4various payment plans

PLEASE READ YOUR CONTRACT CAREFULLY. It is describes the terms of a legal Contract between you, the Owner, Owner and us, SBLthe Company. The Contract's table of contents is on page 2. FREE LOOK PERIOD-RIGHT TO CANCEL YOU IF FOR ANY REASON THE PARTICIPANT IS NOT SATISFIED WITH THIS CONTRACT, THE OWNER MAY RETURN CANCEL THIS CONTRACT BY MAILING IT TO THE COMPANY WITHIN 10 DAYS AFTER YOU RECEIVE ITFROM THE DATE OF RECEIPT. YOU MAY RETURN THE CONTRACT BY DELIVERING OR MAILING IT TO SBL. IF CANCELED, THIS CONTRACT WILL THEN SHALL BE DEEMED VOID FROM THE BEGINNINGCONTRACT DATE. NO WITHDRAWAL CHARGE WILL BE IMPOSED, AND WE THE COMPANY WILL REFUND YOUR ANY PURCHASE PAYMENTS MADE AND ALLOCATED TO THE GENERAL ACCOUNT AND WILL REFUND SEPARATE ACCOUNT CONTRACT VALUE, INCLUDING ANY FEES AND/OR CHARGES FOR PREMIUM TAX THAT WERE DEDUCTED FROM THAT CONTRACT VALUE, LESS THE VALUE OF ANY CREDIT ENHANCEMENTS MADE INTO THE CONTRACT, AS OF THE DATE WE RECEIVE THE RETURNED CONTRACTCONTRACT IS RECEIVED BY THE COMPANY. Signed for Security Benefit Life Insurance Company on the Contract Date. ▇▇▇▇▇ ▇. ▇▇▇▇▇ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Secretary President A BRIEF DESCRIPTION OF THIS CONTRACT This is a GROUP FLEXIBLE PREMIUM DEFERRED VARIABLE ANNUITY CONTRACT. * Investment Experience is Reflected In return for Purchase Payments, the Company will pay the annuity and other benefits as provided in Benefits this Contract. * Variable and Fixed Accumulation Before the Annuity Start Date; Variable and Fixed Annuity Payments Thereafter * Death Benefit Proceeds Individual allocations are Payable Before the Annuity Start Date maintained for Participants. * This Contract is Non-Participating BENEFITS Participating. ALL PAYMENTS AND VALUES PROVIDED BY THIS CONTRACT MAY BE THE CONTRACT, WHEN BASED ON A VARIABLE BASIS. AMOUNTS DIRECTED INTO ONE OR MORE OF THE SUBACCOUNTS WILL REFLECT THE INVESTMENT EXPERIENCE OF THOSE SUBACCOUNTS. THESE AMOUNTS THE SEPARATE ACCOUNT, ARE VARIABLE AND MAY INCREASE OR DECREASE AND IN ACCORDANCE WITH THE INVESTMENT EXPERIENCE OF THE SEPARATE ACCOUNT. THERE ARE NOT NO GUARANTEED AS TO DOLLAR AMOUNTMINIMUM PAYMENTS OR CASH VALUES. (SEE "CONTRACT VALUE AND EXPENSE PROVISIONS" AND "ANNUITY PAYMENT PROVISIONS" FOR DETAILS.) [SBL LOGO] SECURITY BENEFIT LIFE INSURANCE COMPANY A Member of The Security Benefit Group of Companies ▇▇▇ ▇▇ ▇▇▇▇▇▇▇▇ Street, Topeka, KS 66636-0001 ▇-▇▇▇-▇▇▇-▇▇▇▇ The variable annuity covered by this Contract is the subject of a pending patent application in the United States Patent and Trademark Office. V6029 GV6322 (8-0098) BP 630AJ1 -------------------------------------------------------------------------------- TABLE OF CONTENTS -------------------------------------------------------------------------------- Page CONTRACT DATA PAGE........................................................ 3 DEFINITIONS............................................................... 4

PLEASE READ YOUR CONTRACT CAREFULLY. It is a legal Contract between you, the Owner, Owner and us, SBLthe Company. The Contract's table of contents is on page 2. FREE LOOK PERIOD-RIGHT TO CANCEL YOU IF FOR ANY REASON THE OWNER IS NOT SATISFIED WITH THIS CONTRACT, HE OR SHE MAY RETURN THIS CONTRACT IT TO THE COMPANY WITHIN 10 DAYS AFTER YOU RECEIVE ITFROM THE DATE OF RECEIPT. YOU IT MAY RETURN THE CONTRACT BE RETURNED BY DELIVERING OR MAILING IT TO SBLTHE COMPANY. IF RETURNED, THIS CONTRACT WILL THEN SHALL BE DEEMED VOID FROM THE BEGINNINGCONTRACT DATE. NO WITHDRAWAL CHARGE WILL BE IMPOSED, AND WE THE COMPANY WILL REFUND YOUR ANY PURCHASE PAYMENTS MADE AND ALLOCATED TO THE FIXED ACCOUNT AND WILL REFUND SEPARATE ACCOUNT CONTRACT VALUE, INCLUDING ANY FEES AND/OR CHARGES FOR PREMIUM TAX THAT WERE DEDUCTED FROM THAT CONTRACT VALUE, LESS THE VALUE OF ANY CREDIT ENHANCEMENTS MADE INTO THE CONTRACT, AS OF THE DATE WE RECEIVE THE RETURNED CONTRACTPOLICY IS RECEIVED BY THE COMPANY. Signed for Security Benefit Life Insurance Company on the Contract Date. ROGER K. VIOLA ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Secretary ▇▇y President A BRIEF DESCRIPTION OF THIS CONTRACT This is a FLEXIBLE PREMIUM DEFERRED VARIABLE ANNUITY CONTRACT. * Investment Experience is Reflected in Benefits * Variable and Fixed Accumulation Before *Purchase Payments may be made until the Annuity Start Date; Variable and Fixed Annuity Payments Thereafter * Death Benefit Proceeds are Payable Before earlier of the Annuity Start Date * or termination of the Contract. *A Death Benefit may be paid prior to the Annuity Start Date according to the Contract provisions. *Annuity Payments begin on the Annuity Start Date using the method specified in this Contract. *This Contract is Non-Participating BENEFITS Participating. ALL PAYMENTS AND VALUES PROVIDED BY THIS CONTRACT MAY BE CONTRACT, WHEN BASED ON A VARIABLE BASIS. AMOUNTS DIRECTED INTO ONE OR MORE OF THE SUBACCOUNTS WILL REFLECT THE INVESTMENT EXPERIENCE OF THOSE SUBACCOUNTS. THESE AMOUNTS THE SEPARATE ACCOUNT, ARE VARIABLE AND MAY INCREASE OR DECREASE AND IN ACCORDANCE WITH THE INVESTMENT EXPERIENCE OF THE SEPARATE ACCOUNT. THERE ARE NOT NO GUARANTEED AS TO DOLLAR AMOUNTMINIMUM PAYMENTS OR CASH VALUES. (SEE "CONTRACT VALUE AND EXPENSE PROVISIONS" AND "ANNUITY PAYMENT PROVISIONS" FOR DETAILS.) [SBL LOGO] SECURITY BENEFIT LIFE INSURANCE COMPANY A Member of The Security Benefit Group of Companies 700 SW Harrison Stre▇▇▇ ▇▇ , ▇▇▇▇▇▇, ▇▇ Street, Topeka, KS 66636-0001 1-800-888-2461 Form ▇▇▇▇▇ (▇-▇▇▇-▇▇▇-▇▇▇▇ The variable annuity covered by this Contract is the subject of a pending patent application in the United States Patent and Trademark Office. V6029 (8-00) -------------------------------------------------------------------------------- TABLE OF CONTENTS -------------------------------------------------------------------------------- Page CONTRACT DATA PAGE........................................................ 3 DEFINITIONS............................................................... 4Page

PLEASE READ YOUR CONTRACT CAREFULLY. It is a legal Contract between you, the Owner, Owner and us, SBLthe Company. The Contract's table of contents is on page 2. FREE LOOK PERIOD-RIGHT TO CANCEL YOU IF FOR ANY REASON THE OWNER IS NOT SATISFIED WITH THIS CONTRACT, THE OWNER MAY RETURN THIS CONTRACT IT TO THE COMPANY WITHIN 10 DAYS AFTER YOU RECEIVE ITFROM THE DATE OF RECEIPT. YOU IT MAY RETURN THE CONTRACT BE RETURNED BY DELIVERING OR MAILING IT TO SBLTHE COMPANY. IF RETURNED, THIS CONTRACT WILL THEN SHALL BE DEEMED VOID FROM THE BEGINNINGCONTRACT DATE. NO WITHDRAWAL CHARGE WILL BE IMPOSED, AND WE THE COMPANY WILL REFUND YOUR ANY PURCHASE PAYMENTS MADE AND ALLOCATED TO THE FIXED ACCOUNT AND WILL REFUND SEPARATE ACCOUNT CONTRACT VALUE, INCLUDING ANY FEES AND/OR CHARGES FOR PREMIUM TAX THAT WERE DEDUCTED FROM THAT CONTRACT VALUE, LESS THE VALUE OF ANY CREDIT ENHANCEMENTS MADE INTO THE CONTRACT, AS OF THE DATE WE RECEIVE THE RETURNED CONTRACTPOLICY IS RECEIVED BY THE COMPANY. Signed for Security Benefit Life Insurance Company on the Contract DateSIGNED FOR SECURITY BENEFIT LIFE INSURANCE COMPANY ON THE CONTRACT DATE. ▇▇▇▇▇ ▇. ▇▇▇▇▇ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Secretary President A BRIEF DESCRIPTION OF THIS CONTRACT This is a FLEXIBLE PREMIUM DEFERRED VARIABLE ANNUITY CONTRACT. CONTRACT * Investment Experience is Reflected in Benefits * Variable and Fixed Accumulation Before Purchase Payments may be made until the Annuity Start Date; Variable and Fixed Annuity Payments Thereafter * Death Benefit Proceeds are Payable Before earlier of the Annuity Start Date or termination of the Contract. * A Death Benefit may be paid prior to the Annuity Start Date according to the Contract provisions. * Annuity Payments begin on the Annuity Start Date using the method specified in this Contract. * This Contract is Non-Participating BENEFITS Participating. ALL PAYMENTS AND VALUES PROVIDED BY THIS CONTRACT MAY BE CONTRACT, WHEN BASED ON A VARIABLE BASIS. AMOUNTS DIRECTED INTO ONE OR MORE OF THE SUBACCOUNTS WILL REFLECT THE INVESTMENT EXPERIENCE OF THOSE SUBACCOUNTS. THESE AMOUNTS THE SEPARATE ACCOUNT, ARE VARIABLE AND MAY INCREASE OR DECREASE AND IN ACCORDANCE WITH THE INVESTMENT EXPERIENCE OF THE SEPARATE ACCOUNT. THERE ARE NOT NO GUARANTEED AS TO DOLLAR AMOUNTMINIMUM PAYMENTS OR CASH VALUES. (SEE "CONTRACT VALUE AND EXPENSE PROVISIONS" AND "ANNUITY PAYMENT PROVISIONS" FOR DETAILS.) [SBL LOGO] SECURITY BENEFIT LIFE INSURANCE COMPANY A Member of The Security Benefit Group of Companies ▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Street, Topeka, KS 66636-0001 ▇-▇▇▇-▇▇▇-▇▇▇▇ The variable annuity covered by this Contract is the subject of a pending patent application in the United States Patent and Trademark Office. V6029 Form V6020-1 (8R10-0097) -------------------------------------------------------------------------------- BP 602BC1 TABLE OF CONTENTS -------------------------------------------------------------------------------- Page CONTRACT DATA PAGE........................................................ 3 DEFINITIONS............................................................... 4CONTENTS

PLEASE READ YOUR CONTRACT CAREFULLY. It is a legal Contract between you, the Owner, and us, SBL. The Contract's table of contents is on page 2. FREE LOOK PERIOD-RIGHT TO CANCEL YOU MAY RETURN THIS CONTRACT WITHIN 10 DAYS AFTER YOU RECEIVE IT. YOU MAY RETURN THE CONTRACT BY DELIVERING OR MAILING IT TO SBL. THIS CONTRACT WILL THEN BE DEEMED VOID FROM THE BEGINNING. NO WITHDRAWAL CHARGE WILL BE IMPOSED, AND WE WILL REFUND YOUR CONTRACT VALUE, INCLUDING ANY FEES AND/OR CHARGES FOR PREMIUM TAX THAT WERE DEDUCTED FROM THAT CONTRACT VALUE, LESS THE VALUE OF ANY CREDIT ENHANCEMENTS MADE INTO THE CONTRACT, AS OF THE DATE WE RECEIVE THE RETURNED CONTRACT. Signed for Security Benefit Life Insurance Company on the Contract Date. ROGER K. VIOLA ▇RIS A. ROBBINS ▇▇▇▇▇ ▇. ▇▇▇▇▇ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Secretary cretary President A BRIEF DESCRIPTION OF THIS CONTRACT This is a FLEXIBLE PREMIUM DEFERRED VARIABLE ANNUITY CONTRACT. * Investment Experience is Reflected in Benefits * Variable and Fixed Accumulation Before the Annuity Start Date; Variable and Fixed Annuity Payments Thereafter * Death Benefit Proceeds are Payable Before the Annuity Start Date * This Contract is Non-Participating BENEFITS AND VALUES PROVIDED BY THIS CONTRACT MAY BE ON A VARIABLE BASIS. AMOUNTS DIRECTED INTO ONE OR MORE OF THE SUBACCOUNTS WILL REFLECT THE INVESTMENT EXPERIENCE OF THOSE SUBACCOUNTS. THESE AMOUNTS MAY INCREASE OR DECREASE AND ARE NOT GUARANTEED AS TO DOLLAR AMOUNT. (SEE "CONTRACT VALUE AND EXPENSE PROVISIONS" AND "ANNUITY PAYMENT PROVISIONS" FOR DETAILS.) [SBL LOGO] SECURITY BENEFIT LIFE INSURANCE COMPANY A Member of The Security Benefit Group of Companies 700 SW Harrison Stree▇, ▇▇▇▇▇▇, ▇▇ ▇6636-0001 1-800-888-2461 ▇▇▇ ▇▇▇▇▇▇▇▇ Street, Topeka, KS 66636-0001 ▇-▇▇▇-▇▇▇-▇▇▇▇ The variable annuity covered by this Contract is the subject of a pending patent application in the United States Patent and Trademark Office. V6029 (8-00) -------------------------------------------------------------------------------- TABLE OF CONTENTS -------------------------------------------------------------------------------- Page CONTRACT DATA PAGE........................................................ 3 DEFINITIONS............................................................... 4

PLEASE READ YOUR CONTRACT CAREFULLY. It is a legal Contract between you, the Owner, Owner and us, SBLthe Company. The Contract's table of contents is on page 2. FREE LOOK PERIOD-RIGHT TO CANCEL YOU IF FOR ANY REASON THE OWNER IS NOT SATISFIED WITH THIS CONTRACT, HE OR SHE MAY RETURN THIS CONTRACT IT TO THE COMPANY WITHIN 10 DAYS AFTER YOU RECEIVE ITFROM THE DATE OF RECEIPT. YOU IT MAY RETURN THE CONTRACT BE RETURNED BY DELIVERING OR MAILING IT TO SBLTHE COMPANY. IF RETURNED, THIS CONTRACT WILL THEN SHALL BE DEEMED VOID FROM THE BEGINNINGCONTRACT DATE. NO WITHDRAWAL CHARGE WILL BE IMPOSED, AND WE THE COMPANY WILL REFUND YOUR ANY PURCHASE PAYMENTS MADE AND ALLOCATED TO THE FIXED ACCOUNT AND WILL REFUND SEPARATE ACCOUNT CONTRACT VALUE, INCLUDING ANY FEES AND/OR CHARGES FOR PREMIUM TAX THAT WERE DEDUCTED FROM THAT CONTRACT VALUE, LESS THE VALUE OF ANY CREDIT ENHANCEMENTS MADE INTO THE CONTRACT, AS OF THE DATE WE RECEIVE THE RETURNED CONTRACTPOLICY IS RECEIVED BY THE COMPANY. Signed for Security Benefit Life Insurance Company on the Contract Date. ROGER K. VIOLA ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ ▇▇▇▇ S▇. ▇▇▇▇▇▇▇ Secretary President A BRIEF DESCRIPTION OF THIS CONTRACT This is a FLEXIBLE PREMIUM DEFERRED VARIABLE ANNUITY CONTRACT. * Investment Experience is Reflected in Benefits * Variable and Fixed Accumulation Before Purchase Payments may be made until the Annuity Start Date; Variable and Fixed Annuity Payments Thereafter * Death Benefit Proceeds are Payable Before earlier of the Annuity Start Date or termination of the Contract. * A Death Benefit may be paid prior to the Annuity Start Date according to the Contract provisions. * Annuity Payments begin on the Annuity Start Date using the method specified in this Contract. * This Contract is Non-Participating BENEFITS Participating. ALL PAYMENTS AND VALUES PROVIDED BY THIS CONTRACT MAY BE CONTRACT, WHEN BASED ON A VARIABLE BASIS. AMOUNTS DIRECTED INTO ONE OR MORE OF THE SUBACCOUNTS WILL REFLECT THE INVESTMENT EXPERIENCE OF THOSE SUBACCOUNTS. THESE AMOUNTS THE SEPARATE ACCOUNT, ARE VARIABLE AND MAY INCREASE OR DECREASE AND IN ACCORDANCE WITH THE INVESTMENT EXPERIENCE OF THE SEPARATE ACCOUNT. THERE ARE NOT NO GUARANTEED AS TO DOLLAR AMOUNTMINIMUM PAYMENTS OR CASH VALUES. (SEE "CONTRACT VALUE AND EXPENSE PROVISIONS" AND "ANNUITY PAYMENT PROVISIONS" FOR DETAILS.) [SBL LOGO] SECURITY BENEFIT LIFE INSURANCE COMPANY A Member of The Security Benefit Group of Companies P.O. Box 750497, Topeka, KS 66675-0497 700 SW Harrison Stree▇▇▇ ▇▇ , ▇▇▇▇▇▇, ▇▇ Street, Topeka, KS 66636▇6636-0001 1-800-888-2461 Form ▇-▇▇▇▇ (▇▇-▇▇▇-▇▇▇▇ The variable annuity covered by this Contract is the subject of a pending patent application in the United States Patent and Trademark Office. V6029 (8-00) -------------------------------------------------------------------------------- TABLE OF CONTENTS -------------------------------------------------------------------------------- Page CONTRACT DATA PAGE........................................................ 3 DEFINITIONS............................................................... 4Page

PLEASE READ YOUR CONTRACT CAREFULLY. It is a legal Contract between you, the Owner, Owner and us, SBLthe Company. The Contract's table of contents is on page 2. FREE LOOK PERIOD-RIGHT TO CANCEL YOU IF FOR ANY REASON THE OWNER IS NOT SATISFIED WITH THIS CONTRACT, THE OWNER MAY RETURN THIS CONTRACT IT TO THE COMPANY WITHIN 10 DAYS AFTER YOU RECEIVE ITFROM THE DATE OF RECEIPT. YOU IT MAY RETURN THE CONTRACT BE RETURNED BY DELIVERING OR MAILING IT TO SBLTHE COMPANY. IF RETURNED, THIS CONTRACT WILL THEN SHALL BE DEEMED VOID FROM THE BEGINNINGCONTRACT DATE. NO WITHDRAWAL CHARGE WILL BE IMPOSED, AND WE THE COMPANY WILL REFUND YOUR ANY PURCHASE PAYMENTS MADE AND ALLOCATED TO THE GENERAL ACCOUNT AND WILL REFUND SEPARATE ACCOUNT CONTRACT VALUE, INCLUDING ANY FEES AND/OR CHARGES FOR PREMIUM TAX THAT WERE DEDUCTED FROM THAT CONTRACT VALUE, LESS THE VALUE OF ANY CREDIT ENHANCEMENTS MADE INTO THE CONTRACT, AS OF THE DATE WE RECEIVE THE RETURNED CONTRACTPOLICY IS RECEIVED BY THE COMPANY. Signed for Security Benefit Life Insurance Company on the Contract Date. ▇▇▇▇▇ ▇. ▇▇▇▇▇ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Secretary President A BRIEF DESCRIPTION OF THIS CONTRACT This is a FLEXIBLE PREMIUM DEFERRED VARIABLE ANNUITY CONTRACT. * Investment Experience is Reflected in Benefits * Variable and Fixed Accumulation Before *Purchase Payments may be made until the earlier of the Annuity Start Date; Variable and Fixed Commencement Date or termination of the Contract. *A Death Benefit may be paid prior to the Annuity Commencement Date according to the Contract provisions. *Annuity Payments Thereafter * Death Benefit Proceeds are Payable Before begin on the Annuity Start Commencement Date * using the method specified in this Contract. *This Contract is Non-Participating BENEFITS Participating. ALL PAYMENTS AND VALUES PROVIDED BY THIS CONTRACT MAY BE CONTRACT, WHEN BASED ON A VARIABLE BASIS. AMOUNTS DIRECTED INTO ONE OR MORE OF THE SUBACCOUNTS WILL REFLECT THE INVESTMENT EXPERIENCE OF THOSE SUBACCOUNTS. THESE AMOUNTS THE SEPARATE ACCOUNT, ARE VARIABLE AND MAY INCREASE OR DECREASE AND IN ACCORDANCE WITH THE INVESTMENT EXPERIENCE OF THE SEPARATE ACCOUNT. THERE ARE NOT NO GUARANTEED AS TO DOLLAR AMOUNTMINIMUM PAYMENTS OR CASH VALUES. (SEE "CONTRACT VALUE AND EXPENSE PROVISIONS" AND "ANNUITY PAYMENT PROVISIONS" FOR DETAILS.) [SBL LOGO] SECURITY BENEFIT LIFE INSURANCE COMPANY A Member of The Security Benefit Group of Companies ▇▇▇ ▇▇ ▇▇▇▇▇▇▇▇ Street, Topeka, KS 66636-0001 ▇-▇▇▇-▇▇▇-▇▇▇▇ The variable annuity covered by this Contract is the subject of a pending patent application in the United States Patent and Trademark Office. V6029 Form V6023 (81-00) -------------------------------------------------------------------------------- 98)U BP 602301 TABLE OF CONTENTS -------------------------------------------------------------------------------- Page CONTRACT DATA PAGE........................................................ 3 DEFINITIONS............................................................... 4Page

PLEASE READ YOUR CONTRACT CAREFULLY. It is a legal Contract between you, the Owner, Owner and us, SBLthe Company. The Contract's table of contents is on page 2. FREE LOOK PERIOD-RIGHT TO CANCEL YOU IF FOR ANY REASON THE OWNER IS NOT SATISFIED WITH THIS CONTRACT, THE OWNER MAY RETURN THIS CONTRACT IT TO THE COMPANY WITHIN 10 DAYS AFTER YOU RECEIVE ITFROM THE DATE OF RECEIPT. YOU IT MAY RETURN THE CONTRACT BE RETURNED BY DELIVERING OR MAILING IT TO SBLTHE COMPANY. IF RETURNED, THIS CONTRACT WILL THEN SHALL BE DEEMED VOID FROM THE BEGINNINGCONTRACT DATE. NO WITHDRAWAL CHARGE WILL BE IMPOSED, AND WE THE COMPANY WILL REFUND YOUR ANY PURCHASE PAYMENTS MADE AND ALLOCATED TO THE FIXED ACCOUNT AND WILL REFUND SEPARATE ACCOUNT CONTRACT VALUE, INCLUDING ANY FEES AND/OR CHARGES FOR PREMIUM TAX THAT WERE DEDUCTED FROM THAT CONTRACT VALUE, LESS THE VALUE OF ANY CREDIT ENHANCEMENTS MADE INTO THE CONTRACT, AS OF THE DATE WE RECEIVE THE RETURNED CONTRACTPOLICY IS RECEIVED BY THE COMPANY. Signed for Security Benefit Life Insurance Company on the Contract Date. ROGE▇ ▇. ▇▇▇L▇ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ ▇▇▇▇ ▇. ▇▇F▇▇▇▇▇ Secretary President A BRIEF DESCRIPTION OF THIS CONTRACT This is a FLEXIBLE PREMIUM DEFERRED GROUP UNALLOCATED VARIABLE ANNUITY CONTRACT. * Investment Experience is Reflected in Benefits * Variable and Fixed Accumulation Before *Purchase Payments may be made until termination of the Annuity Start Date; Variable and Fixed Annuity Payments Thereafter * Death Benefit Proceeds are Payable Before the Annuity Start Date * Contract. *This Contract is Non-Participating BENEFITS Participating. ALL PAYMENTS AND VALUES PROVIDED BY THIS CONTRACT MAY BE CONTRACT, WHEN BASED ON A VARIABLE BASIS. AMOUNTS DIRECTED INTO ONE OR MORE OF THE SUBACCOUNTS WILL REFLECT THE INVESTMENT EXPERIENCE OF THOSE SUBACCOUNTS. THESE AMOUNTS THE SEPARATE ACCOUNT, ARE VARIABLE AND MAY INCREASE OR DECREASE AND IN ACCORDANCE WITH THE INVESTMENT EXPERIENCE OF THE SEPARATE ACCOUNT. THERE ARE NOT NO GUARANTEED AS TO DOLLAR AMOUNTMINIMUM PAYMENTS OR CASH VALUES. (SEE "CONTRACT VALUE AND EXPENSE PROVISIONS" AND "ANNUITY PAYMENT PROVISIONS" FOR DETAILS.) [SBL LOGO] SECURITY BENEFIT LIFE INSURANCE COMPANY A Member of The Security Benefit Group of Companies ▇▇▇ 700 ▇▇ ▇▇▇▇▇▇▇▇ Street▇▇▇▇▇▇, Topeka, KS 66636-0001 ▇1-▇▇80▇-▇▇▇-▇▇▇▇ The variable annuity covered by this Contract is the subject of a pending patent application in the United States Patent and Trademark Office. V6029 FORM V6320 (82-0097) -------------------------------------------------------------------------------- TABLE OF CONTENTS -------------------------------------------------------------------------------- Page CONTRACT DATA PAGE........................................................ 3 DEFINITIONS............................................................... 4CONTENTS

PLEASE READ YOUR CONTRACT CAREFULLY. It is a legal Contract between you, the Owner, and us, SBLFSBL. The Contract's table of contents is on page 2. FREE LOOK PERIOD-RIGHT TO CANCEL IF FOR ANY REASON YOU ARE NOT SATISFIED WITH THE CONTRACT, YOU MAY RETURN THIS CONTRACT WITHIN 10 DAYS AFTER YOU RECEIVE ITIT (60 DAYS FROM THE DATE OF RECEIPT IF IT IS A REPLACEMENT CONTRACT). YOU MAY RETURN THE CONTRACT BY DELIVERING OR MAILING IT TO SBLFSBL. IF RETURNED, THIS CONTRACT WILL THEN BE DEEMED VOID FROM THE BEGINNING. NO WITHDRAWAL CHARGE WILL BE IMPOSED, AND WE WILL REFUND YOUR REFUND: (1) ANY PURCHASE PAYMENTS MADE AND ALLOCATED TO THE FIXED ACCOUNT; AND (2) SEPARATE ACCOUNT CONTRACT VALUE, INCLUDING ANY FEES AND/OR CHARGES FOR PREMIUM TAX THAT WERE DEDUCTED FROM THAT CONTRACT VALUE, LESS THE VALUE OF ANY CREDIT ENHANCEMENTS MADE INTO THE CONTRACT, AS OF THE DATE WE RECEIVE THE RETURNED CONTRACTCONTRACT IS DELIVERED TO FSBL, INCREASED BY ANY FEES OR OTHER CHARGES PAID FROM SEPARATE ACCOUNT CONTRACT VALUE. Signed for First Security Benefit Life Insurance and Annuity Company of New York on the Contract Date. ▇▇▇/s/ J. Michael Keep▇▇ ▇. ▇▇▇▇▇ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Secretary President /s/ Kris a. Robbins --------------------- ------------------- [Secretary] [President] A BRIEF DESCRIPTION OF THIS CONTRACT This is a FLEXIBLE PREMIUM DEFERRED VARIABLE ANNUITY CONTRACT. * Investment Experience is Reflected in Benefits * Variable and Fixed Accumulation Before - Purchase Payments may be made until the Annuity Start Date; Variable and Fixed Annuity Payments Thereafter * Death Benefit Proceeds are Payable Before earlier of the Annuity Start Date * or termination of the Contract - A death benefit may be paid prior to the Annuity Start Date according to the Contract provisions - Annuity Payments begin on the Annuity Start Date using the method specified in the Contract - This Contract is Nonnon-Participating participating and does not participate in FSBL's surplus - The smallest annual net rate of return that would have to be earned on the assets of the Separate Account so that the dollar amount of variable Annuity Payments would not decrease is 3 -1/2%. The annual net rate of return is based upon the rate of return of the underlying mutual fund reduced by expenses of the Separate Account, including the maximum mortality and expense risk charge of 1.45%, administrative charge of 0.15% and any applicable rider charges. BENEFITS AND VALUES PROVIDED BY THIS CONTRACT MAY BE ON A VARIABLE BASIS. AMOUNTS DIRECTED INTO ONE OR MORE OF THE SUBACCOUNTS WILL REFLECT WHEN BASED UPON THE INVESTMENT EXPERIENCE OF THOSE SUBACCOUNTSTHE SEPARATE ACCOUNT ARE VARIABLE. THESE AMOUNTS MAY INCREASE OR DECREASE AND ARE NOT GUARANTEED AS TO DOLLAR AMOUNT. (SEE "CONTRACT VALUE AND EXPENSE PROVISIONS" AND "ANNUITY PAYMENT BENEFIT PROVISIONS" FOR DETAILS.) [SBL FSBL LOGO] FIRST SECURITY BENEFIT LIFE INSURANCE AND ANNUITY COMPANY A Member of The Security Benefit Group of Companies OF NEW YORK [70 West Red Oak ▇▇▇ ▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇ Street, Topeka, KS 66636-0001 ▇-▇▇▇-▇▇▇-▇▇▇▇ The variable annuity covered by this Contract is the subject of a pending patent application in the United States Patent and Trademark Office1-800-355-4570] ▇▇ ▇ ▇▇▇▇▇▇ ENHANCEMENT RIDER HAS BEEN PURCHASED, FSBL WILL RECAPTURE THE AMOUNT OF ANY CREDIT ENHANCEMENT APPLIED DURING THE 12 MONTHS PRECEDING THE DATE OF THE OWNER'S DEATH. V6029 FSB236 (81-0005) -------------------------------------------------------------------------------- TABLE OF CONTENTS -------------------------------------------------------------------------------- Page CONTRACT DATA PAGE........................................................ ....................................................... 3 DEFINITIONS............................................................... .............................................................. 4

PLEASE READ YOUR CONTRACT CAREFULLY. It is a legal Contract between you, the Owner, Owner and us, SBLthe Company. The Contract's table of contents is on page 2. FREE LOOK PERIOD-RIGHT TO CANCEL YOU IF FOR ANY REASON THE OWNER IS NOT SATISFIED WITH THIS CONTRACT, THE OWNER MAY RETURN THIS CONTRACT IT TO THE COMPANY WITHIN 10 DAYS AFTER YOU RECEIVE ITFROM THE DATE OF RECEIPT. YOU IT MAY RETURN THE CONTRACT BE RETURNED BY DELIVERING OR MAILING IT TO SBLTHE COMPANY. IF RETURNED, THIS CONTRACT WILL THEN SHALL BE DEEMED VOID FROM THE BEGINNINGCONTRACT DATE. NO WITHDRAWAL CHARGE WILL BE IMPOSED, AND WE THE COMPANY WILL REFUND YOUR ANY PURCHASE PAYMENTS MADE AND ALLOCATED TO THE FIXED ACCOUNT AND WILL REFUND SEPARATE ACCOUNT CONTRACT VALUE, INCLUDING ANY FEES AND/OR CHARGES FOR PREMIUM TAX THAT WERE DEDUCTED FROM THAT CONTRACT VALUE, LESS THE VALUE OF ANY CREDIT ENHANCEMENTS MADE INTO THE CONTRACT, AS OF THE DATE WE RECEIVE THE RETURNED CONTRACTPOLICY IS RECEIVED BY THE COMPANY. Signed for Security Benefit Life Insurance Company on the Contract DateSIGNED FOR SECURITY BENEFIT LIFE INSURANCE COMPANY ON THE CONTRACT DATE. ▇▇▇▇▇ ▇. ▇▇▇▇▇ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Secretary President A BRIEF DESCRIPTION OF THIS CONTRACT This is a FLEXIBLE PREMIUM DEFERRED VARIABLE ANNUITY CONTRACT. CONTRACT * Investment Experience is Reflected in Benefits * Variable and Fixed Accumulation Before Purchase Payments may be made until the Annuity Start Date; Variable and Fixed Annuity Payments Thereafter * Death Benefit Proceeds are Payable Before earlier of the Annuity Start Date or termination of the Contract. * A Death Benefit may be paid prior to the Annuity Start Date according to the Contract provisions. * Annuity Payments begin on the Annuity Start Date using the method specified in this Contract. * This Contract is Non-Participating BENEFITS Participating. ALL PAYMENTS AND VALUES PROVIDED BY THIS CONTRACT MAY BE CONTRACT, WHEN BASED ON A VARIABLE BASIS. AMOUNTS DIRECTED INTO ONE OR MORE OF THE SUBACCOUNTS WILL REFLECT THE INVESTMENT EXPERIENCE OF THOSE SUBACCOUNTS. THESE AMOUNTS THE SEPARATE ACCOUNT, ARE VARIABLE AND MAY INCREASE OR DECREASE AND IN ACCORDANCE WITH THE INVESTMENT EXPERIENCE OF THE SEPARATE ACCOUNT. THERE ARE NOT NO GUARANTEED AS TO DOLLAR AMOUNTMINIMUM PAYMENTS OR CASH VALUES. (SEE "CONTRACT VALUE AND EXPENSE PROVISIONS" AND "ANNUITY PAYMENT PROVISIONS" FOR DETAILS.) [SBL LOGO] SECURITY BENEFIT LIFE INSURANCE COMPANY A Member of The Security Benefit Group of Companies ▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Street, Topeka, KS 66636-0001 ▇-▇▇▇-▇▇▇-▇▇▇▇ The variable annuity covered by this Contract is the subject of a pending patent application in the United States Patent and Trademark Office. V6029 Form V6020 (8R10-0097) -------------------------------------------------------------------------------- BP 602AP1 TABLE OF CONTENTS -------------------------------------------------------------------------------- Page CONTRACT DATA PAGE........................................................ 3 DEFINITIONS............................................................... 4CONTENTS

PLEASE READ YOUR CONTRACT CAREFULLY. It is a legal Contract between you, the Owner, Owner and us, SBLthe Company. The Contract's table of contents is on page 2. FREE LOOK PERIOD-RIGHT TO CANCEL YOU IF FOR ANY REASON THE OWNER IS NOT SATISFIED WITH THIS CONTRACT, THE OWNER MAY RETURN THIS CONTRACT IT TO THE COMPANY WITHIN 10 DAYS AFTER YOU RECEIVE ITFROM THE DATE OF RECEIPT. YOU IT MAY RETURN THE CONTRACT BE RETURNED BY DELIVERING OR MAILING IT TO SBLTHE COMPANY. IF RETURNED, THIS CONTRACT WILL THEN SHALL BE DEEMED VOID FROM THE BEGINNINGCONTRACT DATE. NO WITHDRAWAL CHARGE WILL BE IMPOSED, AND WE THE COMPANY WILL REFUND YOUR ANY PURCHASE PAYMENTS MADE AND ALLOCATED TO THE GENERAL ACCOUNT AND WILL REFUND SEPARATE ACCOUNT CONTRACT VALUE, INCLUDING ANY FEES AND/OR CHARGES FOR PREMIUM TAX THAT WERE DEDUCTED FROM THAT CONTRACT VALUE, LESS THE VALUE OF ANY CREDIT ENHANCEMENTS MADE INTO THE CONTRACT, AS OF THE DATE WE RECEIVE THE RETURNED CONTRACTPOLICY IS RECEIVED BY THE COMPANY. Signed for Security Benefit Life Insurance Company on the Contract Date. ▇▇▇▇▇ ▇. ▇▇▇▇▇ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Secretary President A BRIEF DESCRIPTION OF THIS CONTRACT This is a GROUP FLEXIBLE PREMIUM DEFERRED VARIABLE ANNUITY CONTRACT. * Investment Experience is Reflected *In return for Purchase Payments, the Company will pay the annuity and other benefits as provided in Benefits * Variable and Fixed Accumulation Before the Annuity Start Date; Variable and Fixed Annuity Payments Thereafter * Death Benefit Proceeds this Contract. *Individual allocations are Payable Before the Annuity Start Date * maintained for Participants. *This Contract is Non-Participating BENEFITS Participating. ALL PAYMENTS AND VALUES PROVIDED BY THIS CONTRACT MAY BE CONTRACT, WHEN BASED ON A VARIABLE BASIS. AMOUNTS DIRECTED INTO ONE OR MORE OF THE SUBACCOUNTS WILL REFLECT THE INVESTMENT EXPERIENCE OF THOSE SUBACCOUNTS. THESE AMOUNTS THE SEPARATE ACCOUNT, ARE VARIABLE AND MAY INCREASE OR DECREASE AND IN ACCORDANCE WITH THE INVESTMENT EXPERIENCE OF THE SEPARATE ACCOUNT. THERE ARE NOT NO GUARANTEED AS TO DOLLAR AMOUNTMINIMUM PAYMENTS OR CASH VALUES. (SEE "CONTRACT VALUE AND EXPENSE PROVISIONS" AND "ANNUITY PAYMENT PROVISIONS" FOR DETAILS.) [SBL LOGO] SECURITY BENEFIT LIFE INSURANCE COMPANY A Member of The Security Benefit Group of Companies ▇▇▇ ▇▇ ▇▇▇▇▇▇▇▇ Street, Topeka, KS 66636-0001 ▇-▇▇▇-▇▇▇-▇▇▇▇ The variable annuity covered by this Contract is the subject of a pending patent application in the United States Patent and Trademark Office. V6029 GV6023 (81-0098) BP 6023B1 -------------------------------------------------------------------------------- TABLE OF CONTENTS -------------------------------------------------------------------------------- Page CONTRACT DATA PAGE........................................................ 3 DEFINITIONS............................................................... 4--------------------------------------------------------------------------------

PLEASE READ YOUR CONTRACT CAREFULLY. It is a legal Contract between you, the Owner, Owner and us, SBLthe Company. The Contract's table of contents is on page 2. FREE LOOK PERIOD-RIGHT TO CANCEL YOU IF FOR ANY REASON THE OWNER IS NOT SATISFIED WITH THIS CONTRACT, THE OWNER MAY RETURN THIS CONTRACT IT TO THE COMPANY WITHIN 10 DAYS AFTER YOU RECEIVE ITFROM THE DATE OF RECEIPT. YOU IT MAY RETURN THE CONTRACT BE RETURNED BY DELIVERING OR MAILING IT TO SBLTHE COMPANY. IF RETURNED, THIS CONTRACT WILL THEN SHALL BE DEEMED VOID FROM THE BEGINNINGCONTRACT DATE. NO WITHDRAWAL CHARGE WILL BE IMPOSED, AND WE THE COMPANY WILL REFUND YOUR ANY PURCHASE PAYMENTS MADE AND ALLOCATED TO THE GENERAL ACCOUNT AND WILL REFUND SEPARATE ACCOUNT CONTRACT VALUE, INCLUDING ANY FEES AND/OR CHARGES FOR PREMIUM TAX THAT WERE DEDUCTED FROM THAT CONTRACT VALUE, LESS THE VALUE OF ANY CREDIT ENHANCEMENTS MADE INTO THE CONTRACT, AS OF THE DATE WE RECEIVE THE RETURNED CONTRACTPOLICY IS RECEIVED BY THE COMPANY. Signed for Security Benefit Life Insurance Company on the Contract Date. ▇▇▇▇▇ ▇. ▇▇▇▇▇ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Secretary President A BRIEF DESCRIPTION OF THIS CONTRACT This is a FLEXIBLE PREMIUM DEFERRED VARIABLE ANNUITY CONTRACT. * Investment Experience is Reflected in Benefits * Variable and Fixed Accumulation Before *Purchase Payment may be made until the earlier of the Annuity Start Date; Variable and Fixed Commencement Date or termination of the Contract. *A Death Benefit may be paid prior to the Annuity Commencement Date according to the Contract provisions. *Annuity Payments Thereafter * Death Benefit Proceeds are Payable Before begin on the Annuity Start Commencement Date * using the method specified in this Contract. *This Contract is Non-Participating BENEFITS Participating. ALL PAYMENTS AND VALUES PROVIDED BY THIS CONTRACT MAY BE CONTRACT, WHEN BASED ON A VARIABLE BASIS. AMOUNTS DIRECTED INTO ONE OR MORE OF THE SUBACCOUNTS WILL REFLECT THE INVESTMENT EXPERIENCE OF THOSE SUBACCOUNTS. THESE AMOUNTS THE SEPARATE ACCOUNT, ARE VARIABLE AND MAY INCREASE OR DECREASE AND IN ACCORDANCE WITH THE INVESTMENT EXPERIENCE OF THE SEPARATE ACCOUNT. THERE ARE NOT NO GUARANTEED AS TO DOLLAR AMOUNTMINIMUM PAYMENTS OR CASH VALUES. (SEE "CONTRACT VALUE AND EXPENSE PROVISIONS" AND "ANNUITY PAYMENT PROVISIONS" FOR DETAILS.) [SBL LOGO] SECURITY BENEFIT LIFE INSURANCE COMPANY A Member of The Security Benefit Group of Companies ▇▇▇ ▇▇ ▇▇▇▇▇▇▇▇ Street, Topeka, KS 66636-0001 ▇-▇▇▇-▇▇▇-▇▇▇▇ The variable annuity covered by this Contract is the subject of a pending patent application in the United States Patent and Trademark Office. V6029 Form V6023 (81-0098) -------------------------------------------------------------------------------- BP 602311 TABLE OF CONTENTS -------------------------------------------------------------------------------- Page CONTRACT DATA PAGE........................................................ 3 DEFINITIONS............................................................... 4

PLEASE READ YOUR CONTRACT CAREFULLY. It is a legal Contract between you, the Owner, and us, SBLFSBL. The Contract's table of contents is on page 2. FREE LOOK PERIOD-RIGHT TO CANCEL IF FOR ANY REASON YOU ARE NOT SATISFIED WITH THE CONTRACT, YOU MAY RETURN THIS CONTRACT WITHIN 10 DAYS AFTER YOU RECEIVE ITIT (60 DAYS FROM THE DATE OF RECEIPT IF IT IS A REPLACEMENT CONTRACT). YOU MAY RETURN THE CONTRACT BY DELIVERING OR MAILING IT TO SBLFSBL. IF RETURNED, THIS CONTRACT WILL THEN BE DEEMED VOID FROM THE BEGINNING. NO WITHDRAWAL CHARGE WILL BE IMPOSED, AND WE WILL REFUND YOUR CONTRACT VALUE, INCLUDING ANY FEES AND/OR CHARGES FOR PREMIUM TAX THAT WERE DEDUCTED FROM THAT CONTRACT VALUE, LESS THE VALUE OF ANY CREDIT ENHANCEMENTS MADE INTO THE CONTRACT, AS OF THE DATE WE RECEIVE THE RETURNED CONTRACTCONTRACT IS DELIVERED TO FSBL, INCREASED BY ANY FEES OR OTHER CHARGES PAID. Signed for First Security Benefit Life Insurance and Annuity Company of New York on the Contract Date. ▇▇▇▇▇ Roger ▇. ▇▇▇▇▇ ▇▇▇▇ ▇. Kris A. ▇▇▇▇▇▇▇ Secretary President A BRIEF DESCRIPTION OF THIS CONTRACT This is a FLEXIBLE PREMIUM DEFERRED VARIABLE ANNUITY CONTRACT. * Investment Experience is Reflected in Benefits * Variable and Fixed Accumulation Before Purchase Payments may be made until the Annuity Start Date; Variable and Fixed Annuity Payments Thereafter * Death Benefit Proceeds are Payable Before earlier of the Annuity Start Date or termination of the Contract * A death benefit may be paid prior to the Annuity Start Date according to the Contract provisions * Annuity Payments begin on the Annuity Start Date using the method specified in the Contract * This Contract is Nonnon-Participating participating and does not participate in FSBL's surplus * The smallest annual net rate of return that would have to be earned on the assets of the Separate Account so that the dollar amount of variable Annuity Payments would not decrease is 3 1/2%. The annual net rate of return is based upon the rate of return of the underlying mutual fund reduced by expenses of the Separate Account, including the mortality and expense risk and administrative charges. BENEFITS AND VALUES PROVIDED BY THIS CONTRACT MAY BE ON A VARIABLE BASIS. AMOUNTS DIRECTED INTO ONE OR MORE OF THE SUBACCOUNTS WILL REFLECT ARE BASED UPON THE INVESTMENT EXPERIENCE OF THOSE SUBACCOUNTSTHE SEPARATE ACCOUNT AND ARE VARIABLE. THESE AMOUNTS MAY INCREASE OR DECREASE AND ARE NOT GUARANTEED AS TO DOLLAR AMOUNT. (SEE "CONTRACT VALUE AND EXPENSE PROVISIONS" AND "ANNUITY PAYMENT PROVISIONS" FOR DETAILS.) [SBL FSBL LOGO] FIRST SECURITY BENEFIT LIFE INSURANCE AND ANNUITY COMPANY A Member of The Security Benefit Group of Companies OF NEW YORK 70 Wes▇ ▇▇▇ ▇▇▇ ▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇ Street, Topeka, KS 66636-0001 ▇-▇▇▇▇▇ 1-800-▇▇▇-▇▇▇▇ The variable annuity covered by this Contract is the subject of a pending patent application in the United States Patent and Trademark Office. V6029 ▇▇▇▇16 (810-00) 01)U -------------------------------------------------------------------------------- TABLE OF CONTENTS -------------------------------------------------------------------------------- Page CONTRACT DATA PAGE........................................................ 3 DEFINITIONS............................................................... 4

PLEASE READ YOUR CONTRACT CAREFULLY. It If the annuitant is a legal Contract between youliving on the Retirement Date, we will begin to pay you monthly annuity payments. Any payments made by us are subject to the Owner, and us, SBLterms of this contract. The Contract's table owner and beneficiary are as named in the application unless they are changed as provided for in this contract. We issue this contract in consideration of contents is on page 2. FREE LOOK PERIOD-RIGHT TO CANCEL YOU MAY RETURN THIS CONTRACT WITHIN 10 DAYS AFTER YOU RECEIVE IT. YOU MAY RETURN THE CONTRACT BY DELIVERING OR MAILING IT TO SBL. THIS CONTRACT WILL THEN BE DEEMED VOID FROM THE BEGINNING. NO WITHDRAWAL CHARGE WILL BE IMPOSED, AND WE WILL REFUND YOUR CONTRACT VALUE, INCLUDING ANY FEES AND/OR CHARGES FOR PREMIUM TAX THAT WERE DEDUCTED FROM THAT CONTRACT VALUE, LESS THE VALUE OF ANY CREDIT ENHANCEMENTS MADE INTO THE CONTRACT, AS OF THE DATE WE RECEIVE THE RETURNED CONTRACTyour application and the payment of the initial purchase payment. Signed for Security Benefit and issued by American Enterprise Life Insurance Company on of Indianapolis, Indiana, as of the Contract Datecontract date. ▇▇▇▇▇ ▇. ▇▇▇▇▇ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Secretary President A BRIEF DESCRIPTION OF THIS CONTRACT This is a FLEXIBLE PREMIUM DEFERRED VARIABLE ACCUMULATION VALUES AND ANNUITY CONTRACT. * Investment Experience is Reflected in Benefits * Variable and Fixed Accumulation Before the Annuity Start Date; Variable and Fixed Annuity Payments Thereafter * Death Benefit Proceeds are Payable Before the Annuity Start Date * This Contract is Non-Participating BENEFITS AND VALUES PROVIDED BY THIS CONTRACT MAY BE PAYMENTS, WHEN BASED ON A VARIABLE BASIS. AMOUNTS DIRECTED INTO ONE OR MORE THE INVESTMENT RESULTS OF THE SUBACCOUNTS WILL REFLECT THE INVESTMENT EXPERIENCE OF THOSE SUBACCOUNTS. THESE AMOUNTS MAY INCREASE OR DECREASE SEPARATE ACCOUNT, ARE VARIABLE AND ARE NOT GUARANTEED AS TO FIXED DOLLAR AMOUNT. SEE PAGE 12 FOR VARIABLE PROVISIONS. PAYMENTS AND VALUES BASED ON THE GUARANTEE PERIOD ACCOUNTS ARE SUBJECT TO A MARKET VALUE ADJUSTMENT FORMULA, THE OPERATION OF WHICH MAY RESULT IN UPWARD AND DOWNWARD ADJUSTMENTS IN AMOUNTS PAYABLE TO AN OWNER OR ANNUITANT, INCLUDING WITHDRAWALS, TRANSFERS AND AMOUNTS APPLIED TO PURCHASE AN ANNUITY. SEE PAGE 14 FOR MARKET VALUE ADJUSTMENT PROVISIONS. NOTICE OF YOUR RIGHT TO EXAMINE THIS CONTRACT FOR 10 DAYS. If for any reason you are not satisfied with this contract, return it to us or our agent within 10 days after you receive it. We will then cancel this contract. Upon such cancellation we will refund an amount equal to the sum of: (SEE "CONTRACT VALUE AND EXPENSE PROVISIONS" AND "ANNUITY PAYMENT PROVISIONS" FOR DETAILS.1) [SBL LOGO] SECURITY BENEFIT LIFE INSURANCE COMPANY A Member the contract value, including any Market Value Adjustment, if applicable, and less any purchase payment credits, at the end of The Security Benefit Group of Companies ▇▇▇ ▇▇ ▇▇▇▇▇▇▇▇ Street, Topeka, KS 66636-0001 ▇-▇▇▇-▇▇▇-▇▇▇▇ The variable annuity covered by this the Valuation Period during which we receive the contract; and (2) any premium tax charges paid. This contract will then be considered void from its start. /s/ James M. Odland /s/ Carol A. Holton Secretary President o Flexible Purchase Payments o Investment Experience Reflected in Benefits o Optional Fixed Dollar or Variable Accumulation Values and Annuity Payments o Annuity Payments to Begin on the Retirement Date o This Contract is the subject of a pending patent application in the United States Patent and Trademark Office. V6029 (8-00) -------------------------------------------------------------------------------- TABLE OF CONTENTS -------------------------------------------------------------------------------- Page CONTRACT DATA PAGE........................................................ 3 DEFINITIONS............................................................... 4Nonparticipating -- Dividends Are Not Payable Guide to Contract Provisions