Document

This document sets forth the administrative procedures, as required by Rule 6e-3(T)(b)(12)(iii), that will be followed by Talcott Resolution Life Insurance Company and Talcott Resolution Life and Annuity Insurance Company (collectively, the "Company") in connection with the issuance of the flexible premium variable life insurance policies identified below (the "Policies"), the acceptance of premium payments thereunder, the transfer of assets held thereunder, and the redemption by owners of the Policies ("Owners") of their interests in the Policies. The document also describes the method that the Company will use in adjusting the payments and cash values when a Policy is exchanged for a fixed benefit insurance policy, as required by Rule 6e- 3(T)(b)(13)(v)(B). Capitalized terms used herein have the same definition as in the prospectuses for the Policies.


HARTFORD LEADERS VUL LIBERTY 2012 (HL/HLA)
Hartford Leaders VUL Liberty 2012 (HL)			333-180756
Hartford Leaders VUL Liberty 2012 (HLA)			333-180757
HARTFORD LEADERS VUL JOINT LEGACY II (HL/HLA)
Hartford Leaders VUL Joint Legacy II (Series I) (HL)			333-155096
Hartford Leaders VUL Joint Legacy II (Series II) (HL)			333-155096
HARTFORD LEADERS VUL JOINT LEGACY II (HLA)
Hartford Leaders VUL Joint Legacy II (Series I) (HLA)			333-155092
Hartford Leaders VUL Joint Legacy II (Series II) (HLA)			333-155092
HARTFORD LEADERS VUL LIBERTY (HL/HLA)
Hartford Leaders VUL Liberty (Series I) (HL)			333-148814
Hartford Leaders VUL Liberty (Series II) (HL)			333-148814
Hartford Leaders VUL Liberty (Series I) (HLA)			333-148816
Hartford Leaders VUL Liberty (Series II) (HLA)			333-148816
HARTFORD LEADERS VUL LEGACY (HL/HLA)
Hartford Leaders VUL Legacy (Series I) (HL)			333-148817
Hartford Leaders VUL Legacy (Series II) (HL)			333-148817
Hartford Leaders VUL Legacy (Series I) (HLA)			333-148815
Hartford Leaders VUL Legacy (Series II) (HLA)			333-148815
HLA STAG WALL STREET VUL
Stag Wall Street VUL (Series I) (HLA)			333-82866
Stag Wall Street VUL (Series II) (HLA)			333-82866
HL STAG ACCUMULATOR
Stag Accumulator VUL (Series I)(HL)			333-50280
Stag Accumulator VUL (Series I.5)(HL)			333-50280
HLA STAG ACCUMULATOR
Stag Accumulator VUL (Series I) (HLA)			333-93319
Stag Accumulator VUL (Series I.5) (HLA)			333-93319
HL STAG PROTECTOR
Stag Protector VUL (Series I) (HL)			333-94617
Stag Protector VUL (Series I.5 (HL)			333-94617
HLA STAG PROTECTOR
Stag Protector VUL (Series I) (HLA)			333-83057
Stag Protector VUL (Series I.5)(HLA)			333-83057
STAG LS AND SL (HL)
Stag VL Last Survivor II (Series I) (HL)			333-88261
Hartford Select Leaders Last Survivor (HLA)			333-88261
Stag VL Last Survivor II (Series II) (HL)			333-88261
STAG LS AND SL (HLA)
Stag Last Survivor II (Series I) (HLA)			333-67373
Hartford Select Leaders Last Survivor (HLA)			333-67373


Stag VL Last Survivor II (Series II) (HLA)			333-67373
STAG LAST SURVIVOR (HL/HLA)
Stag VL Last Survivor (HL)			033-89990
Stag VL Last Survivor (HLA)			033-89988
STAG VARIABLE LIFE (HL/HLA)
Stag Variable Life (HL)			333-53692
Stag Variable Life (HLA)			033-61267
STAG ARTISAN (HL)
Stag Artisan (HL)			333-07465
STAG ACCUMULATOR II (HL/HLA)
Stag Accumulator II (HL)			333-109529
Stag Accumulator II/(Artisan) (HLA)			333-07471
STAG PROTECTOR II (HL/HLA)
Stag Protector II (HL)			333-109530
Stag Protector II (HLA)			333-88787
HARTFORD VUL LS AND JL (HL/HLA)
Hartford VUL Last Survivor (HL)			333-131135
Hartford Leaders VUL Joint Legacy (HL)			333-131135
Hartford VUL Last Survivor (HLA)			333-131133
Hartford Leaders VUL Joint Legacy (HLA)			333-131133
SPVL'S
Director Life Series II (HL)			333-36203
Director Life Series II (HLA)			333-36349
Director Life Series I (HL)			033-83654
Director Life Series I (HLA)			033-83650
Putnam Hartford Inheritance Manager Variable Life (HL)			333-36329
Putnam Hartford Inheritance Manager Variable Life (HLA)			333-36367
PCM Life Series I (HL)			033-83656
PCM Life Series I (HLA)			033-83652
Select Dimensions Life Series II (HL)			333-52645
Select Dimensions Life Series II (HLA)			333-52637
Select Dimensions Life Series I (HL)			333-00245
Select Dimensions Life Series I (HLA)			333-00259
UNION SECURITY INSURANCE COMPANY
Wall Street Series Survivor VUL			033-65243
Wall Street Series VUL			333-69327
Harmony Investment Life			033-03919
Wall Street Series VUL220			033-28551
Wall Street Series VUL500			033-48266

Offer of Policies: The Policies will be offered and issued pursuant to established underwriting standards and in accordance with state insurance laws, which prohibit unfair discrimination among Policy Owners, but recognize that policy charges must be based upon factors such as sex, age, health, occupation and method of underwriting. Charges for the Policies are not the same for all Owners selecting the same Face Amount. Insurance is based on the principle of pooling and distribution of mortality risks, which assumes that each Owner pays policy charges commensurate with the Insured's mortality risks as actuarially determined using factors such as age, sex, method of underwriting and rate class of the Insured. Uniform policy charges for all Insureds would discriminate unfairly in favor of those Insureds representing greater risk. Although there are no uniform policy charges for all Insureds, there are uniform policy charges for all Insureds of the same rate class, age, sex, Face Amount and policy year. (Age is determined to be the Insured's age as of his or her nearest birthday on the Policy Date.)

Application: Individuals and entities wishing to purchase Policies must complete an application and submit it to the Company through an authorized agent who is also a registered representative of a broker-dealer having a selling agreement with the principal underwriter broker-dealer for the Policy. The application must specify the name of each Insured and provide certain required information about Insureds. The application must also specify an initial Face Amount for each Insured. Before an application will be deemed complete so that underwriting can proceed, the application must include the applicant's signature and each Insured's date of birth. In addition, the applicant must submit a signed form from each Insured consenting to the applicant's purchase of insurance on his or her life and providing certain basic information about the Insured (e.g., social security number, date of birth, smoker status, simple health questions). Provided that it is satisfied that appropriate security measures exist to protect confidential information, the Company may permit arrangements with distributors to gather and transmit Insureds' consents by electronic means, e.g. secure websites along with the use of randomly designated IDs. The Company date- and time-stamps the application and related materials upon receipt.

Underwriting: Upon receipt of a completed application in good order, the Company will follow underwriting procedures for life insurance designed to determine whether the proposed Insured is insurable, and to identify the corporate or trust applicant's identity, source of income and financial stability. With respect to individual Insureds, the underwriting process may involve such verification procedures as medical examinations and may require that further information be provided about the proposed Insured before a determination can be made. The underwriting process determines the rate class to which the Insured is assigned if the application is accepted. The Company currently places Insureds in the following rate classes: preferred plus, preferred, standard or substandard rate class. The original rate class applies to the initial Face Amount. The rate class may change upon an increase in the Face Amount. The Company will check information on file with the Medical Information Bureau (a clearinghouse for member insurance companies), and a member of the Company's New Business department may call the proposed Insured and ask a pre-determined set of medical and other insurability questions (the application's "Part II"). Depending on the age and sex of the proposed Insured, such items as medical exams, blood tests, EKG and inspection reports may be ordered. All such requirements are set forth in the Company's underwriting procedures manual. If the application meets the Company's underwriting criteria set forth in the Company's underwriting procedures manual, a Policy in the amount and in the risk class applied for will be issued. See "Issuance of a Policy" below. If the application does not meet the Company's underwriting criteria for Policy issuance, the application will be declined, and a declination letter will be sent to the applicant explaining why the application was declined. If the application does not meet the Company's underwriting criteria for the Policy applied for, but it still meets the Company's criteria for Policy issuance, the Company may issue a Policy on terms other than as applied for. In this instance, the Company will send an adverse underwriting action letter to the applicant along with the offered Policy.

If a premium is submitted with the Policy application and the policy is not applied for through the Issue First Program, insurance coverage will begin immediately if the proposed Insured is insurable at a standard rate under a binding premium receipt agreement. Otherwise, insurance coverage will not begin until the Policy's Issue Date. In either case, the Policy when issued will be effective from the date the Company receives the initial premium at its Individual Life Operations Center.

If a policy is applied for through the Issue First program, insurance coverage at Standard rates will begin immediately if the following conditions are met: 1) the first full modal premium is received, 2) a state-specific long-form application is submitted along with a compliant illustration, and 3) the proposed Insured truthfully responds "No" to all insurability questions contained in the Issue First Binding Premium Receipt. Otherwise, insurance coverage will not begin until the Policy's Issue Date. If a better risk class than Standard is obtained during the underwriting process, the policy will be endorsed upon policy issue to reflect the better class.

In addition to the foregoing procedures, before the Company will issue a Policy, it, on behalf of the underwriting broker-dealer, must take certain steps to comply with federal laws intended to combat terrorism and money laundering. The Company will conduct a screen of each Owner, applicant and Insured name as against the list maintained by the U.S. Department of Treasury's Office of Foreign Asset Control (OFAC). If a positive identification is made, the Company may be required to (i) reject and report the transaction, or (ii) block the transaction, place the funds or assets in a separate blocked transaction account, and report the matter to OFAC. These procedures will be followed in connection with all Premium Payments, all loan transactions, all assignments and other Policy changes, and payment of any surrender or Death Benefit proceeds. In keeping with its required anti-money laundering program, the Company and its broker-dealer will regularly monitor Policy transactions for suspicious activity and other violations of anti- money laundering laws, rules, and regulations. The Company will not accept cash or currency equivalent bearer instruments.

Issuance of a Policy: When the underwriting process has been completed, and the application has been approved, the Company issues the Policy. The Policy Date will be the date the Policy is issued or such other date the applicant requests. The Policy Date is used to determine Policy Anniversaries, Policy Years and monthly Deduction Dates, which are significant for such things as when Policy charges are assessed. Depending on state law, a policy may be back-dated.

Crediting Initial Premium Payments: If a premium is submitted with the Policy application, insurance coverage will begin immediately if the proposed Insured is insurable at a standard rate under a conditional receipt agreement. Otherwise, insurance coverage will not begin until the Policy's Issue Date. In either case, the Policy when issued will be effective from the date the Company receives the initial premium at its Individual Life Operations Center.

Initial Premium Allocation: The Policy Owner can allocate the initial premium among the Fixed Account and various Investment Options. The Fixed Account and the various Investment Options are collectively referred to as Investment Choices. The Policy Owner must submit a Net Premium Allocation Form that instructs the Company as to the amount of premium to be allocated to each Investment Choice under the Policy. During the Right to Examine Period, Net Premium Payment will be temporarily transferred to the Money Market Investment Option until the expiration of the Right to Examine Period. At the end of the applicant's Right to Examine Period, the Account Value in the Money Market Investment Option will be allocated to the Fixed Account and among the Investment Options selected by the applicant on the All-in-One Fund Selection Form in the percentages indicated. The Policy Owner may select up to Twenty (20) Investment Choices to allocate their premium, or the maximum number of investment choices currently allowed by us. An allocation to any one Investment Choice must be in whole percentages. When allocating the initial Premium Payment according to the All-in-One Fund Selection Form, the Company will process it as of the next computed Accumulation Unit value of an Investment Option after determining that it and the application are in good order, including delivery requirements. The minimum initial Premium Payment the Company will accept is the amount necessary to pay the Monthly Deduction Amount due but not less than $50.

Crediting Additional Premium Payments: The Policy allows Policy Owners to choose the amount and frequency (e.g., monthly, semi-annually, annually) of making Premium Payments within certain guidelines ("Planned Premium"). The amount of Premium Payments will vary based on factors including the age, sex, and rating classification of the Insured. If received by 4:00 p.m. Eastern Time (1) by the Company, the Net Premium Payment will be placed in and credited to the Fixed Account and/or Investment Option as directed by the Owner, on the date received by the Company. If there is an allocation to an Investment Option and the date received is not a Valuation Day, the amounts will be placed in and credited to the Investment Option on the next Valuation Day. For allocations to Investment Options the Company determines the number of Accumulation Units to be credited by dividing the dollar amount allocated to the Investment Option by the Investment Option's Accumulation Unit value as of the next computed Accumulation Unit value of the Investment Option following its receipt. Premium Payments received after 4:00 p.m. Eastern Time by the Company will be processed as of the next Valuation Day.

Prior to the Maturity Date, an Owner may request a change in the amount and frequency of Planned Premium Payments. Owners may also make unscheduled Premium Payments as long as receipt of such payments or change would not disqualify the Policy as life insurance under applicable federal tax laws. The Company reserves the right to require evidence of insurability before accepting any additional Premium Payment that would increase insurance coverage. Owners may change their Premium Payment allocation instructions by making written request to the Company (or any other notification the Company deems satisfactory). Allocation changes will be effective on the date the Company records the change. Any future Premium Payments will be allocated in accordance with the new allocation instructions, unless the Company receives contrary written instructions.

Premium Payments During a Grace Period: If there is insufficient policy value available on a Monthly Activity Date to take the Monthly Deduction Amount due on that date, the Policy will be in default. If the Policy goes into default, The Company will send the Policy Owner a notice warning them that the Policy is in danger of terminating. This notice will be mailed at least 61 days prior to termination of coverage. It will be mailed both to the Policy Owner and to any assignee of record, at their last known address(es). This notice will tell the Policy Owner the minimum premium required to keep the Policy from terminating. This minimum premium will never be greater than an amount which results in a Cash Surrender Value equal to the current Monthly Deduction Amount plus the next two Monthly Deduction Amounts as of the date the Policy went into default. Failure to submit a sufficient Premium Payment within the Grace Period will result in lapse of the Policy without value or benefit payable.

The Separate Account. A Policy Owner may allocate Net Premium Payments to one or more of the Investment Options of the Separate Account. Investment Options may be added or deleted from time to time. When an Owner allocates an amount to an Investment Option (either by Net Premium Payment allocation, transfer of Account Value, or repayment of Indebtedness), the Policy is credited with Accumulation Units in that Investment Option. The Company determines the number of Accumulation Units by dividing the dollar amount allocated or transferred to the Investment Option by the Investment Option's Accumulation Unit value as of the next Valuation Day after the Company receives the request. When an allocation is made by way of transfer of Account Value from another Investment Option, Accumulation Units are deleted from that Investment Option. The number deleted is determined in the same manner as if an investment in the Investment Option was being made. Transfers between Investment Options will result in the addition or reduction of Accumulation Units having a total value equal to the dollar amount being transferred to or from a particular Investment Option.

Accumulation Unit Value. An Accumulation Unit value varies to reflect the investment experience of the underlying Fund, and may increase or decrease from one Valuation Day to the next. The Company arbitrarily set the Accumulation Unit value for each Investment Option at either $10 or $1 when it established the Investment Option. For each Valuation Period after the date of establishment, the Company determines the Accumulation Unit value by multiplying the Accumulation Unit value for an Investment Option for the prior Valuation Period by the net investment factor for the Investment Option for the Valuation Period.

Net Investment Factor. The net investment factor is an index the Company uses to measure the investment performance of an Investment Option from one Valuation Period to the next. The net investment factor for each Investment Option is equal to the net asset value per share of the corresponding Fund at the end of the Valuation period (plus the per share amount of any dividend or capital gain distributions paid by that Fund in the Valuation Period then ended) divided by the net asset value per share of the corresponding Fund at the beginning of the Valuation Period.

The Fixed Account: The Company offers a Fixed Account on some of the policies. There are transfer restrictions on the Fixed Account described in the prospectus. Subject to certain restrictions as to frequency of transfers and amount, Owners may also allocate Net Premium Payments to the Fixed Account. The Company credits the portion of Account Value allocated to the Fixed Account with interest at not less than the Minimum Fixed Account Crediting Rate.


PRODUCT			MINIMUM FIXED ACCOUNT CREDITING RATE
Stag Wall Street VUL (HLA)			3%
Stag Accumulator (HL/HLA)			3.5%
Stag Protector (HL/HLA)			3.5%
Stag VL Last Survivor II and Hartford Select Leaders Last			3.5%
Survivor (HL/HLA)
Stag Last Survivor (HL/HLA)			4%
Stag Variable Life (HL/HLA)			4%
Stag Artisan (HL/HLA)			4%
Stag Accumulator II (HL/HLA)			3%
Stag Protector II (HL/HLA)			3%
Hartford VUL Last Survivor and Joint Legacy (HL/HLA)			3%
Hartford Leaders VUL Liberty (HL/HLA)			3%
Hartford Leaders VUL Legacy (HL/HLA)			3%
Hartford Leaders VUL Joint Legacy II (HL/HLA)			3%
Hartford Leaders VUL Liberty 2012 (HL/HLA)			2%
SPVL'S
Director Life Series II (HL)			3%
Director Life Series II (HLA)			N/A
Director Life Series I (HL)			3%
Director Life Series I (HLA)			N/A
Putnam Hartford Inheritance Manager Variable Life (HL)			3%
Putnam Hartford Inheritance Manager Variable Life (HLA)			N/A
PCM Life Series I (HL)			3%
PCM Life Series I (HLA)			N/A
Select Dimensions Life Series II (HL)			3%
Select Dimensions Life Series II (HLA)			N/A

General: In the application for the Policy, the Owner specifies the percentage of Net Premium Payments to be allocated to each Investment Option of the Separate Account and/or to the Fixed Account. The percentage of each Net Premium Payment that may be allocated to any Investment Option and the sum of the allocation percentages, including the Fixed Account, must be 100%. Such allocation percentages may be changed at any time by the Owner submitting satisfactory notice to the Company.

Loans can be made on the Policy at any time while the Insured is living. The Policy must be properly assigned as collateral for the loan. The loan must be repaid with an amount equal to the original loan plus loan interest. When a loan is made, the Company will take the loan amount requested from the Investment Options and the Fixed Account in proportion to the non-loaned account value of each on the date of the loan. Shares taken from the Investment Options are

liquidated and the resulting dollar amounts are transferred to the Loan Account. The Company may delay the granting of any loan attributable to the Separate Account during any period that the New York Stock Exchange (or its successor) is closed except for normal weekend and holiday closings, or trading is restricted, or the Securities and Exchange Commission (or its successor) determines that an emergency exists, or the Securities and Exchange Commission (or its successor) permits the Company to delay payment for the protection of its policy owners. The amount equal to any outstanding Indebtedness is held in the Loan Account and is credited with interest at a rate declared in the policy. As long as there is Indebtedness, a portion of the Policy's Account Value equal to the Indebtedness is held in the Loan Account.

Policy Indebtedness (which includes accrued loan interest) must not equal or exceed the Policy's Cash Value. If this limit is reached, the Company may terminate the Policy. The interest rate charged on Indebtedness is declared in the policy. Loan Interest accrues daily and becomes part of the Indebtedness as it accrues. Because the interest charged on Indebtedness may exceed the rate credited to the Loan Account, the Indebtedness may grow faster than the Loan Account. If this happens, any difference between the value of the Loan Account and the Indebtedness will be transferred on each Monthly Activity Date from the Investment Options and the Fixed Account in proportion to the non-loaned account value of each.

All or part of any Indebtedness may be repaid at any time while the Insured is living and while the Policy is in force. Any repayment results in the transfer of values equal to the repayment from the Loan Account to the Fixed Account and Investment Options. The transfer is made in percentages to the Investment Options and Fixed Account as premium payments. If the Indebtedness is not repaid, the Company will deduct the amount due from any amount payable from a full surrender or upon the death of the Insured.

After the Right to Examine Period, the Policy Owner may direct that Account Value under the Policy be transferred from one Investment Option to another. Currently, there is no charge for transfers. However, the Company reserves the right to charge a maximum of $25 per transfer after the first in any month. In addition, though the number of transfers is not currently limited, the Company reserves the right to restrict or eliminate the ability to make transfer of those it believes are engaged in market timing or excessive trading. Transfer requests received at the Company's Individual Life Service Center that are in good order before 4:00 p.m. Eastern Time will be processed according to the values next computed following the close of business. Transfer requests received on a non-business day or after 4:00 p.m. Eastern Time will be processed based on the value(s) next computed on the next business day.

Dollar-Cost Averaging. The Company makes available an optional dollar-cost averaging (DCA) program through which the Policy Owner may make systematic transfers of value between the available Investment Options and the Fixed Account. Once elected, dollar-cost averaging remains in effect from the date the Company receives the Policy Owner's request until the Policy Owner surrenders the Policy, the value of the Investment Option from which transfers are being made is depleted, or until the Policy Owner cancels the program by giving satisfactory notice. There is currently no additional charge for dollar-cost averaging and transfers under this program are not considered transfers for purposes of market timing or excessive trading or the transfer charge.

Portfolio Rebalancing: An optional automatic portfolio rebalancing program is available. The Policy Owner may elect this option by completing the Company's rebalancing form. Policy Owners may instruct the Company to rebalance their Separate Account portfolios on a calendar quarter, semi-annual, or annual basis. On the rebalancing date, portfolios will be returned to the Policy Owner's original allocation percentages. Policy Owners may start and stop rebalancing at any time and make changes to allocation percentages by written request. Requests will be effective on the Valuation Day on which received at our Individual Life Service Center; if received on other than a Valuation Day the request will be effective on the next Valuation Day. There is currently no additional charge for this program and transfers under this program are not considered transfers for purposes of market timing or excessive trading or the transfer charge.

The Policies provide for the payment of moneys to a Policy Owner or beneficiary upon presentation of a Policy. Generally, except for the payments of death benefits, the imposition of cost of insurance and administrative charges, the Policy Owner will receive a pro rata or proportionate share of the Separate Account's assets, within the meaning of the 1940 Act, in any transaction involving "redemption procedures." The amount received by the Policy Owner will depend upon the particular benefit for which the Policy is presented, including, for example, the cash surrender value or death benefit. There are also certain Policy provisions (e.g. withdrawals or loans) under which the Policy will not be presented to the Company, but which will affect the Policy Owner's benefits and may involve a transfer of the assets supporting the Policy reserve out of the Separate Account.

Any combined transactions on the same day which counteract the effect of each other will be allowed. The Company will assume the Policy Owner is aware of the possible conflicting nature of the transactions and desires their combined result. If a transaction is requested which the Company will not allow (e.g. a request for a decrease in death benefit which lowers the amount below the stated minimum) the Company will reject the entire transaction and not just the portion which causes the disallowance. The Policy Owner will be informed of the rejection and will have an opportunity to give new instructions.

The Policy provides for an initial Right to Examine Period during which an Owner may cancel the Policy by returning it to the Company or to an agent of the Company before the end of certain periods of time shown on the front of the Policy. The Right to Examine Period may be longer in some states than in others. Upon returning the Policy to the Company or to an authorized agent for forwarding to the Company's Individual Life Operations Center, the Policy will be rescinded and we will pay an amount equal to the greater of (1) the total premiums paid for the Policy less any Indebtedness; or (b) the sum of : i) the Account Value less and Indebtedness, on the date the returned Policy is received by the Company or the agent and, (ii) any Policy charges taken. With respect to any investment in the Investment Options, the redemption will be priced at the Accumulation Unit value next computed after receipt of the cancellation request at the designated address.

The Owner may surrender the Policy at any time while it is in force for its Cash Surrender Value by giving the Company satisfactory notice. The Cash Surrender Value on any Valuation Day is the Cash Value less any Indebtedness. Surrender requests received at the Company's Individual Life Operations Center that are in good order and date- and time-stamped before 4:00 p.m. Eastern Time will be processed according to the values next computed following the close of business (unless the Owner requests a later date). Surrender requests received on a non-business day or date- or time-stamped after 4:00 p.m. Eastern Time will be processed based on the value(s) next computed on the next business day. When a surrender of a Policy is made, the Company will pay the Cash Surrender Value out of its general assets. An amount equal to the interest of the Policy will be transferred from the Separate Account to the Company's general account as of the effective date of the surrender. Once a Policy is surrendered, it can never be reinstated.

Owners may also request a withdrawal of Cash Surrender Value from the Policy. The minimum amount is $500. The withdrawal request will be date and time stamped. Withdrawal requests received at the Company's Individual Life Operations Center that are in good order and date- and time-stamped before 4:00 p.m. Eastern Time will be processed according to the values next computed following the close of business (unless the Owner requests a later date). Surrender requests received on a non-business day or date- or time-stamped after 4:00 p.m. Eastern Time will be processed based on the value(s) next computed on the next business day. Unless the Owner specifies otherwise, the Company will make withdrawals proportionately from the Fixed Account and all Investment Options in which the Owner is invested. The Company will pay the requested amount within seven (7) days of its receipt of the request in good order.

Withdrawals will reduce the Policy's death benefit as well as its Account Value. If the Death Benefit Option in effect at the time of the withdrawal is Option A (Level Option) or Option C (Return of Premium Option), the Face Amount will be reduced by the amount equal to the reduction in the Account Value resulting from the withdrawal. If the Death Benefit Option in effect at the time of the withdrawal is Option D (Decreasing Option), the withdrawal will result in a reduction in the Option Adjustment Amount, but the Option Adjustment Amount will not be allowed to become negative. If the Option Adjustment Amount becomes zero, any remaining and/or additional withdrawal amounts will result in a reduction in the Face Amount.

If there is insufficient policy value available on a Monthly Activity Date to take the Monthly Deduction Amount due on that date, the Policy will be in default. If the Policy goes into default, The Company will send the Policy Owner a notice warning them that the Policy is in danger of terminating. This notice will be mailed at least 61 days prior to termination of coverage. It will be mailed both to the Policy Owner and to any assignee of record, at their last known address(es). This notice will tell the Policy Owner the minimum premium required to keep the Policy from terminating. This minimum premium will never be greater than an amount which results in a Cash Surrender Value equal to the current Monthly Deduction Amount plus the next two Monthly Deduction Amounts as of the date the Policy went into default. Failure to submit a sufficient Premium Payment within the Grace Period will result in lapse of the Policy without value or benefit payable.

The death benefit amount is determined as of the date of death. All or part of the benefit can be paid in cash or applied under one or more of our payment options described in the prospectus. The death benefit payable will depend on the option in effect at the time of death. Different Policies have different death benefit options available to the Policy Owner. Under death benefit option A, the death benefit equals the current face amount on the date of death. Under death benefit option B, the death benefit is the sum of the current face amount on the date of death plus the account value on the date of death. Under death benefit option C, the Death Benefit is the current Face Amount, plus the lesser of: (i) the sum of the premiums paid; or (ii) the Death Benefit Option C Limit shown in the Policy Specifications. Under option D the Death Benefit is the current Face Amount, plus the lesser of: (i) the Account Value on the date the Company receives due proof of the Insured's death; or (ii) the Option Adjustment Amount. On the date the death benefit option is changed to Option D, the Option Adjustment Amount is the Account Value on the date of the change. Thereafter, the Option Adjustment Amount will be reduced by any Withdrawals.

The minimum death benefit is equal to account value times the minimum face amount percentage. The percentages depend upon the Insured's age and are specified under Internal Revenue Code Section 7702(b) or (d), depending which test the policy is qualifying under, and are set forth in the Policy. Death Proceeds equal the Death Benefit less Indebtedness and less any due and unpaid Monthly Deduction Amounts occurring during a Policy Grace Period. The Death Benefit is equal to the greater of the Death Benefit provided by the Death Benefit Option chosen and the Minimum Death Benefit.

When a loan is made, the Company will take the loan amount requested from the Investment Options and the Fixed Account in proportion to the non-loaned account value of each on the date of the loan. Shares taken from the Investment Options are liquidated and the resulting dollar amounts are transferred to the Loan Account. The Company may delay the granting of any loan attributable to the Separate Account during any period that the New York Stock Exchange (or its successor) is closed except for normal weekend and holiday closings, or trading is restricted, or the Securities and Exchange Commission (or its successor) determines that an emergency exists, or the Securities and Exchange Commission (or its successor) permits the Company to delay payment for the protection of its policy owners. The amount equal to any outstanding Indebtedness is held in the Loan Account and is credited with interest at a rate declared in the policy. As long as there is Indebtedness, a portion of the Policy's Account Value equal to the Indebtedness held in the Loan Account.

Effects of a Loan. Since the Company transfers the amount borrowed from the Investment Options, a loan whether or not repaid, will have a permanent effect on Cash Surrender Value and may have a permanent effect on the Death Benefit. This is because the Loan Account does not share in the investment results of the Investment Options. Rather, the Loan Account earns interest daily at a specified crediting rate. Depending on how the investment results compare to the crediting rate, this effect may be favorable or unfavorable. This is true whether the loan is repaid or not. If not repaid, the loan will reduce the amount of death benefit.

The Company may defer payment of proceeds from the Fixed Account for Cash Surrender Values, withdrawals and loan amounts for up to six (6) months from the date the request is received, if permitted by state law. In addition, federal laws designed to counter terrorism and prevent money laundering might require the Company to block an Owner's ability to make certain transactions and thereby refuse to accept any request for transfers, surrenders, partial surrenders, or death benefits until instructions are received from the appropriate regulator. These procedures are described in more detail in "Underwriting," above.

The Company may require proof of age or sex of any person on whose age or sex any payments depend. If the age of insured is understated or the sex of the Insured is incorrectly stated such that it resulted in lower Cost of Insurance, the Death Benefit will be reduced to the Death Benefit that would have been provided by the last Cost of Insurance charge at the correct Issue Age and/or sex. If the age of the insured is overstated, or the sex of the Insured is incorrectly stated such that it resulted in Higher Costs of Insurance, the Death Benefit will be increased by an amount equal to the excess Costs of Insurance.

The Company will not contest the payment of the Death Benefit after the Policy has been in force during the Insured's lifetime for two years from the Issue Date. If the Policy is reinstated, the two-year period will be measured from the date of reinstatement. For any increase in Face Amount requiring evidence of insurability, the Company will not contest payment of the Death Benefit based on such increase after it has been in force during the Insured's lifetime for two years from its effective date.

If the Insured commits suicide, while sane or insane, within two years from the Issue Date, the Company will not pay the Death Benefit normally payable on the Insured's death. Instead, the Company will limit the payment to the Premium Payments paid less (i) the amount of any withdrawals and (ii) the amount any Indebtedness. During the two-year period following an increase, the portion of the Death Benefit attributable to the increase in the case of suicide will be limited to an amount equal to the Deduction Amount paid for such increase (subject to state law), and if the policy is reinstated, the two-year period will be measured from the date of reinstatement.