EX-4(e)

                                   ENDORSEMENT

1.    The last  sentence  of the  first  paragraph  under  Section  16  entitled
      "INITIAL PURCHASE PAYMENT" is deleted and replaced with the following:

      THE  SINGLE  PURCHASE  PAYMENT  IS DUE ON THE DATE OF ISSUE.  THE  MINIMUM
      SINGLE PURCHASE PAYMENT WHICH MAY BE MADE IS [$5,000].

2.    The last sentence of the first  paragraph under Section 35 entitled "DEATH
      OF ANNUITANT" is deleted and replaced with the following:

      THE DEATH BENEFIT WILL BE THE GREATEST OF THE FOLLOWING AMOUNTS:

      (A)   THE  ACCUMULATED  VALUE ON THE DATE OF RECEIPT OF DUE PROOF OF DEATH
            AT THE COMPANY'S HOME OFFICE;

      (B)   THE  ACCUMULATED  VALUE  ON  THE  SPECIFIED   CONTRACT   ANNIVERSARY
            IMMEDIATELY  PRECEDING  THE DATE OF DEATH,  INCREASED  BY THE DOLLAR
            AMOUNT OF SUBSEQUENT PURCHASE PAYMENTS AND REDUCED PROPORTIONALLY BY
            THE PERCENTAGE  REDUCTION IN ACCUMULATED VALUE  ATTRIBUTABLE TO EACH
            SUBSEQUENT  PARTIAL  WITHDRAWALS  SINCE  THE  IMMEDIATELY  PRECEDING
            SPECIFIED CONTRACT ANNIVERSARY; OR

      (C)   100% OF ALL  PURCHASE  PAYMENTS  MADE  UNDER  THE  CONTRACT  REDUCED
            PROPORTIONALLY BY THE DOLLAR AMOUNT OF ANY PARTIAL WITHDRAWALS SINCE
            THE DATE OF ISSUE.

3.    The last  sentence of Section 36 entitled  "DEATH OF OWNER" is deleted and
      replaced with the following:

      IN THE EVENT OF THE DEATH OF THE OWNER, THE ACCUMULATED  VALUE ON THE DATE
      OF RECEIPT OF DUE PROOF OF DEATH AT THE COMPANY'S HOME OFFICE WILL BE PAID
      TO THE BENEFICIARY(IES).  IF THERE ARE JOINT OWNERS, THE ACCUMULATED VALUE
      WILL BE PAID WHEN THE FIRST  OWNER DIES.  UPON THE DEATH OF EITHER  OWNER,
      THE  SURVIVING  JOINT  OWNER WILL BE THE  PRIMARY  BENEFICIARY.  ANY OTHER
      BENEFICIARY DESIGNATED WILL BE TREATED AS A CONTINGENT BENEFICIARY, UNLESS
      THE COMPANY IS INSTRUCTED OTHERWISE.

                                          First Investors Life Insurance Company

                                          Carol Springsteen

END-VAC (CDSC)