FIRST TRUST VARIABLE INSURANCE TRUST

                              MULTIPLE CLASS PLAN
                         ADOPTED PURSUANT TO RULE 18F-3

      WHEREAS, First Trust Variable Insurance Trust, a Massachusetts business
trust (the "Trust"), engages in business as an open-end management investment
company and is registered as such under the Investment Company Act of 1940, as
amended (the "Act");

      WHEREAS, the Trust is authorized to issue shares of beneficial interest in
separate series, with the shares of each such series representing the interests
in a separate portfolio of securities and other assets (the Trust's series
together with all other such series subsequently established by the Trust being
referred to herein individually as a "Series" and collectively as the "Series");

      WHEREAS, pursuant to the Trust's Designation of Classes of Shares, the
Trust is authorized to divide the shares of each Series into two classes,
designated as Class I shares and Class II shares; and

      WHEREAS, the Board of Trustees of the Trust as a whole, and the Trustees
who are not interested persons of the Trust (as defined in the Act) (the
"Non-Interested Members"), after having requested, having been furnished and
having evaluated information reasonably necessary to evaluate this Multiple
Class Plan (the "Plan"), have determined in the exercise of their reasonable
business judgment that the Plan is in the best interests of each class of each
Series individually, and each Series and the Trust as a whole.

      NOW, THEREFORE, the Trust hereby adopts this Plan, effective the date
hereof, in accordance with Rule 18f-3 under the Act:

       Section 1. Class Differences. Each class of shares of a Series shall
represent interests in the same portfolio of investments of that Series and,
except as otherwise set forth in this Plan, shall differ solely with respect to:
(i) service and other charges and expenses as provided for in Sections 2 and 3
of this Plan; (ii) the exclusive right of each class of shares to vote on
matters submitted to shareholders that relate solely to that class or for which
the interests of one class differ from the interests of another class or
classes; (iii) such differences relating to eligible investors as may be set
forth in the prospectus and statement of additional information of each Series,
as the same may be amended or supplemented from time to time (each, a
"Prospectus" and "SAI"); (iv) the designation of each class of shares; and (v)
exchange privileges.

       Section 2. Service Arrangements. Class I shares and Class II shares of
each Series shall differ in the services provided to shareholders of each such
class as follows:





                  (a) Class I shares:

                        (i) Class I shares shall be subject to an annual service
                  fee ("Service Fee") pursuant to a 12b-1 Service Plan (the
                  "12b-1 Plan") not to exceed 0.25 of 1% of the average daily
                  net assets of the Series allocable to Class I shares, which,
                  as set forth in the Prospectus, SAI and the 12b-1 Plan, may be
                  used to compensate certain insurance companies for providing
                  ongoing account services to Contract owners; and

                        (ii) Class I shares shall not be subject to a
                  distribution fee.

                  (b) Class II shares:

                        (i) Class II shares shall not be subject to a Service
                  Fee; and

                        (ii) Class II shares shall not be subject to a
                  distribution fee.

      Section 3. Allocation of Income, Expenses, Gains and Losses.

      (a) Investment Income, and Realized and Unrealized Gains and Losses. The
daily investment income, and realized and unrealized gains and losses, of a
Series will be allocated to each class of shares based on each class' relative
percentage of the total value of shares outstanding of the Series at the end of
the prior day.

      (b) Series Level Expenses. Expenses that are attributable to a Series, but
not a particular class thereof ("Series level expenses"), will be allocated to
each class of shares based on each class' relative percentage of the total value
of shares outstanding of the Series at the end of the prior day. Series level
expenses include fees for services that are received equally by the classes
under the same fee arrangement. All expenses attributable to a Series that are
not "class level expenses" (as defined below) shall be Series level expenses,
including but not limited to transfer agency fees and expenses, share
registration expenses, and shareholder reporting expenses.

      (c) Class Level Expenses. Expenses that are directly attributable to a
particular class of shares, including the expenses relating to services provided
to the Contract owners of a class, as set forth in Section 2 of this Plan, will
be incurred by that class of shares. Class level expenses include expenses for
services that are unique to a class of shares in either form or amount. "Class
level expenses" shall include, but not be limited to, 12b-1 Service Fees,
expenses associated with the addition of share classes to a Series (to the
extent that the expenses were not fully accrued prior to the issuance of the new
classes of shares), expenses of administrative personnel and services required
to support the Contract owners of a specific class, litigation or other legal
expenses relating to a specific class of shares, Trustees' fees or expenses
incurred as a result of issues relating to a specific class of shares, and
accounting expenses relating to a specific class of shares.

      (d) Fee Waivers and Expense Reimbursements. On a daily basis, if the
Series level expenses and the class level expenses (not including 12b-1 Plan






payments) exceed the daily expense cap for the Series, an appropriate
waiver/reimbursement will be made to the Series. The amount of such
reimbursement to each class will be in an amount such that the expenses of the
class with the highest expense ratio (excluding Service Fees) will be equal to
the daily expense cap after reimbursement. The expense reimbursement will be
allocated to each class of shares based on each class' relative percentage of
the total value of shares outstanding of the Series at end of the prior day.

      Section 4. Exchange Privilege. Shares of a class of a Series may be
exchanged only for shares of the same class of another Series, except as
otherwise set forth in the Prospectus and SAI.

      Section 5. Term and Termination.

      (a) The Series. This Plan shall become effective with respect to each
Series on the date hereof, and shall continue in effect with respect to such
Class I shares and Class II shares of each such Series until terminated in
accordance with the provisions of Section 5(c) hereof.

      (b) Additional Series or Classes. This Plan shall become effective with
respect to any class of shares of a Series other than Class I shares and Class
II shares and with respect to each additional Series or class thereof
established by the Trust after the date hereof and made subject to this Plan
upon commencement of the initial public offering thereof (provided that the Plan
has previously been approved with respect to such additional Series or class by
votes of a majority of both (i) the members of the Board of Trustees of the
Trust, as a whole, and (ii) the Non-Interested Members, cast at a meeting held
before the initial public offering of such additional Series or classes
thereof), and shall continue in effect with respect to each such additional
Series or class until terminated in accordance with provisions of Section 5(c)
hereof. An addendum setting forth such specific and different terms of such
additional series or classes shall be attached to or made part of this Plan.

      (c) Termination. This Plan may be terminated at any time with respect to
the Trust or any Series or class thereof, as the case may be, by vote of a
majority of both the Board of Trustees of the Trust, as a whole, and the
Non-Interested Members. The Plan may remain in effect with respect to the Trust
or any Series or class thereof even if it has been terminated in accordance with
this Section 5(c) with respect to any Series or class thereof.

      Section 6. Subsequent Series. The parties hereto intend that any Series
established subsequent to the date set forth below for which First Trust
Advisors L.P. acts as investment adviser (each a "Future Series"), will be
covered by the terms and conditions of this Plan, provided that the Board of
Trustees of the Trust on behalf of such Future Series as a whole, and the
Non-Interested Members of such Future Series, after having been furnished and
having evaluated information reasonably necessary to evaluate the Plan, have
determined in the exercise of their reasonable business judgment that the Plan
is in the best interests of each class of such Future Series individually, and
each Future Series and Trust as a whole.





      Section 7. Amendments.

      (a) General. Except as set forth below, any material amendment to this
Plan affecting a Trust or Series or class thereof shall require the affirmative
vote of a majority of both the members of the Board of Trustees of the Trust, as
a whole, and the Non-Interested Members that the amendment is in the best
interests of each class of each Series individually and each Series and Trust as
a whole.

      (b) Future Series. Any amendment to the Plan solely for the purpose of
adding a Future Series as a party hereto in accordance with Section 6, will not
require any action by the Board of Trustees of the Trust.

Dated: January 22, 2014.