Common use of PURCHASE PAYMENT PROVISIONS Clause in Contracts

PURCHASE PAYMENT PROVISIONS. PURCHASE PAYMENTS: Subject to the maximum and minimum amounts shown on the Contract Schedule, Purchase Payments may be made at any time during the Accumulation Period. You may increase, decrease and change the frequency of such payments. The Company reserves the right to reject any Application or Purchase Payment. ALLOCATION OF PURCHASE PAYMENTS: Purchase Payments are allocated to the Fixed Account and/or to a one or more Guarantee Period of the MVA Account and/or Variable Sub-accounts of the Separate Account in accordance with the selections made by the Owner. The allocation of the initial Purchase Payment is made in accordance with the selection made by the Owner at the Contract Issue Date. Unless otherwise changed by the Owner, subsequent Purchase Payments are allocated in the same manner as the initial Purchase Payment. Allocation of Purchase Payments are subject to the allocation guidelines shown on the Contract Schedule. SEPARATE ACCOUNT PROVISIONS THE SEPARATE ACCOUNT: The Separate Account consists of assets set aside by the Company, which are kept separate from that of the general assets and any other Separate Account assets of the Company. The assets of the Separate Account will not be charged with liabilities arising out of any other business the Company may conduct. The Separate Account assets are divided into Sub-accounts. The assets of the Sub-accounts are allocated to the Eligible Fund(s) and the Portfolio(s), if any, within an Eligible Fund. Should the shares of any such Eligible Fund(s), or any Portfolio(s) within an Eligible Fund, become unavailable for investment by the Separate Account, or the Company's Board of Directors deems further investment in these shares inappropriate, the Company may limit further purchase of such shares or substitute shares of another Eligible Fund or Portfolio for shares already purchased under this contract.

PURCHASE PAYMENT PROVISIONS. PURCHASE PAYMENTS: . The initial Purchase Payment is due on the Contract Issue Date. Subject to the maximum and minimum amounts shown on the Contract Schedulecontract schedule, subsequent Purchase Payments may be made at any time during the Accumulation Period. You may increase, decrease and change the frequency of such payments. The Company reserves the right to reject any Application or Purchase Payment. ALLOCATION OF PURCHASE PAYMENTS: . Purchase Payments are allocated to the Fixed Account and/or to a one or more Guarantee Period of the MVA Account and/or Variable Sub-accounts of the Separate Account in accordance with the selections made by the Owner. The allocation of the initial Purchase Payment is made in accordance with the selection made by the Owner at the Contract Issue Date. Unless otherwise changed by the Owner, subsequent Purchase Payments are allocated in the same manner as the initial Purchase Payment. Allocation of Purchase Payments are subject to the allocation guidelines shown on the Contract Schedulecontract schedule. SEPARATE ACCOUNT PROVISIONS THE SEPARATE ACCOUNT: . The Separate Account consists consist of assets set aside by the Company, which are kept separate from that of the general assets and any other Separate Account assets of the Company. The assets of the Separate Account will not be charged with liabilities arising out of any other business the Company may conduct. The Separate Account assets are divided into Sub-accounts. The assets of the Sub-accounts are allocated to the Eligible Fund(s) and the Portfolio(s), if any, within an Eligible Fund. Should the shares of any such Eligible Fund(s), or any Portfolio(s) within an Eligible Fund, become unavailable for investment by the Separate Account, or the Company's Board of Directors deems further investment in these shares inappropriate, the Company may limit further purchase of such shares or substitute shares of another Eligible Fund or Portfolio for shares already purchased under this contract.

PURCHASE PAYMENT PROVISIONS. PURCHASE PAYMENTS: The initial Purchase Payment is due on the Contract Issue Date. Subject to the maximum and minimum amounts shown on the Contract Schedule, subsequent Purchase Payments may be made at any time during the Accumulation Period. You may increase, decrease and change the frequency of such payments. The Company reserves the right to reject any Application or Purchase Payment. ALLOCATION OF PURCHASE PAYMENTS: Purchase Payments are allocated to the Fixed Account and/or to a one or more Guarantee Period of the MVA Account and/or Variable Sub-accounts of the Separate Account in accordance with the selections made by the Owner. The allocation of the initial Purchase Payment is made in accordance with the selection made by the Owner at the Contract Issue Date. Unless otherwise changed by the Owner, subsequent Purchase Payments are allocated in the same manner as the initial Purchase Payment. Allocation of Purchase Payments are subject to the allocation guidelines shown on the Contract Schedule. SEPARATE ACCOUNT PROVISIONS THE SEPARATE ACCOUNT: The Separate Account consists of assets set aside by the Company, which are kept separate from that of the general assets and any other Separate Account assets of the Company. The assets of the Separate Account will not be charged with liabilities arising out of any other business the Company may conduct. The Separate Account assets are divided into Sub-accounts. The assets of the Sub-accounts are allocated to the Eligible Fund(s) and the Portfolio(s), if any, within an Eligible Fund. Should the shares of any such Eligible Fund(s), or any Portfolio(s) within an Eligible Fund, become unavailable for investment by the Separate Account, or the Company's Board of Directors deems further investment in these shares inappropriate, the Company may limit further purchase of such shares or substitute shares of another Eligible Fund or Portfolio for shares already purchased under this contract.

PURCHASE PAYMENT PROVISIONS. PURCHASE PAYMENTS: Subject to PAYMENTS This Contract will not be in force until SBL Receives the maximum and minimum amounts shown on the Contract Schedule, initial Purchase Payment at its Home Office. You may make additional Purchase Payments may be made at any time during before the Accumulation PeriodAnnuity Start Date, while the Owner is living, and while this Contract is in force. You may increasePurchase Payments are payable in U.S. dollars and checks should be made payable to SBL. PURCHASE PAYMENT LIMITATIONS The minimum initial Purchase Payment, decrease and of each subsequent Purchase Payment, is shown in the Contract Specifications. SBL reserves the right change these minimums. Purchase Payments exceeding the frequency of such payments“Maximum Total Purchase Payments” shown in the Contract Specifications will not be accepted without prior approval by SBL. The Company SBL will reject any Purchase Payment that does not satisfy the SBL’s requirements or does not comply with any state or federal regulatory requirements. SBL reserves the right to reject any Application limit subsequent Purchase Payments, including the rights to suspend or Purchase Payment. ALLOCATION OF PURCHASE PAYMENTS: discontinue accepting Purchase Payments are allocated and limit the amount of Purchase Payments that can be made any time after the first Contract Year. SBL will notify you of any material change it makes to the Fixed Account and/or to a one or more Guarantee Period of the MVA Account and/or Variable Sub-accounts of the Separate Account in accordance with the selections made by the Owner. The allocation of the initial its Purchase Payment is made in accordance with the selection made by the Owner at the Contract Issue Datelimitations. Unless otherwise changed by the Owner, subsequent PURCHASE PAYMENT ALLOCATION Purchase Payments are allocated in accordance with your allocation instructions in the same manner as Application or more recent allocation instructions. You may change your allocation instructions by written notice to SBL. Purchase Payments must be allocated among the Accounts. The allocations may be a whole dollar amount or a whole percentage. The amount allocated to any Account may be no less than the “Minimum Account Allocation” shown in the Contract Specifications. PLACE OF PAYMENT All Purchase Payments under this Contract are to be paid to SBL at its Home Office. Purchase Payments after the initial Purchase Payment. Allocation of Purchase Payments Payment are subject to the allocation guidelines shown on the Contract Schedule. SEPARATE ACCOUNT PROVISIONS THE SEPARATE ACCOUNT: The Separate Account consists of assets set aside by the Company, which are kept separate from that applied as of the general assets and any other Separate Account assets end of the Company. The assets of the Separate Account will not be charged with liabilities arising out of any other business the Company may conduct. The Separate Account assets Valuation Period during which they are divided into Sub-accounts. The assets of the Sub-accounts are allocated to the Eligible Fund(s) and the Portfolio(s), if any, within an Eligible Fund. Should the shares of any such Eligible Fund(s), or any Portfolio(s) within an Eligible Fund, become unavailable for investment Received by the Separate Account, or the Company's Board of Directors deems further investment in these shares inappropriate, the Company may limit further purchase of such shares or substitute shares of another Eligible Fund or Portfolio for shares already purchased under this contractSBL.

PURCHASE PAYMENT PROVISIONS. PURCHASE PAYMENTS: The initial Purchase Payment for an Owner is due on the Contract Issue Date. Subject to the maximum and minimum amounts shown on the Contract Schedule, the Owner may make subsequent Purchase Payments and may be made at any time during the Accumulation Period. You may increase, increase or decrease and or change the frequency of such payments. The Company reserves the right to reject any Application or Purchase Payment. ALLOCATION OF PURCHASE PAYMENTS: Net Purchase Payments are allocated to one or more of the Fixed Account and/or the MVA Account Guarantee Period options and/or to a one or more Guarantee Period Sub-Accounts of the MVA Account and/or Variable Sub-accounts of the Separate Account in accordance with the selections made by the Owner. The allocation of the initial Net Purchase Payment for an Owner is made in accordance with the selection made by the Owner at the Contract Issue Date. Unless otherwise changed by the Owner, subsequent Net Purchase Payments are allocated in the same manner as the initial Net Purchase Payment. Allocation of the Net Purchase Payments are is subject to the allocation guidelines Allocation Guidelines shown on the Contract Schedule. The Company has reserved the right to allocate initial Net Purchase Payments to the Money Market Sub-Account (except for any amounts allocated to the Fixed Account and/or MVA Account) until the expiration of the Right to Examine period. SEPARATE ACCOUNT PROVISIONS THE SEPARATE ACCOUNTACCOUNTS: The Separate Account Accounts are designated on the Contract Schedule and consists of assets set aside by the Company, which are kept separate from that of the general assets and any all other Separate Account separate account assets of the Company. VARIABLE ACCOUNT: The assets of the Separate Variable Account equal to reserves and other liabilities will not be charged with liabilities arising out of any other business the Company may conduct. The Separate Variable Account assets are divided into Sub-accountsAccounts. The Sub-Accounts which are available under this Contract are listed on the Contract Schedule. The assets of the Sub-accounts Accounts are allocated to the Eligible Fund(s) and the Portfolio(s), if any, within an Eligible Fund, shown on the Contract Schedule. The Company may, from time to time, add additional Eligible Fund(s) or Portfolio(s) to those shown on the Contract Schedule. The Owner may be permitted to transfer Contract Values or allocate Net Purchase Payments to the additional Sub-Account(s) within the Variable Account. However, the right to make such transfers or allocations will be limited by the terms and conditions imposed by the Company. Should the shares of any such Eligible Fund(s), ) or any Portfolio(s) within an Eligible Fund, Fund become unavailable for investment by the Separate Variable Account, or the Company's Board of Directors deems further investment in these shares inappropriate, the Company may limit further purchase of such shares or substitute shares of another Eligible Fund or Portfolio for shares already purchased under this contracta Contract.