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                                                                         JACKSON
                                                         NATIONAL LIFE INSURANCE


                    REDUCED ADMINISTRATION CHARGE ENDORSEMENT

THIS  ENDORSEMENT  IS MADE A PART OF THE CONTRACT TO WHICH IT IS ATTACHED AND IS
EFFECTIVE  ON THE ISSUE  DATE OF THE  CONTRACT.  TO THE  EXTENT  ANY  PROVISIONS
CONTAINED IN THIS ENDORSEMENT ARE CONTRARY TO OR INCONSISTENT  WITH THOSE OF THE
CONTRACT  TO WHICH IT IS  ATTACHED,  THE  PROVISIONS  OF THIS  ENDORSEMENT  WILL
CONTROL. THE TERMS OF THE CONTRACT ALSO APPLY TO THIS ENDORSEMENT EXCEPT AS THEY
ARE CHANGED BY THE TERMS OF THIS ENDORSEMENT.

THE CONTRACT IS AMENDED AS FOLLOWS:

1)   The CONTRACT  DATA PAGE is amended by replacing the  Administration  Charge
     with the following:

"ADMINISTRATION CHARGE:

                    On an annual basis,  this charge equals [0.15%] of the daily
                    net asset value of the Investment Divisions.

                    The  Company  will  waive the  Administration  Charge if the
                    Contract  Value on the later of the  Issue  Date or the most
                    recent  Contract  Quarterly  Anniversary  is greater than or
                    equal to [$1,000,000].

                    If the Contract Value  subsequently falls below [$1,000,000]
                    on a  Contract  Quarterly  Anniversary,  the  Administration
                    Charge of [0.15%] will be reinstated."

2)   The following language is added to the DEFINITIONS section of the Contract:

"CONTRACT QUARTERLY ANNIVERSARY.

                    Each three-month anniversary of the Issue Date."

                                         Signed for the
                                         Jackson National Life Insurance Company
                                         CLARK P. MANNING
                                         Clark P. Manning, Jr.
                                         President and Chief Executive Officer




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