Document:

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                                                                    EXHIBIT 10.6

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                  STANDARD SUPPORT AND EXPENSES AGREEMENT TERMS

                                 WITH RESPECT TO

                       ALLSTATE LIFE GLOBAL FUNDING TRUSTS

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     This document constitutes the Standard Support and Expenses Agreement
Terms, which will be incorporated by reference in, and form a part of, the
Support Agreement (as defined below) by and between Allstate Life Insurance
Company, an Illinois stock life insurance company ("ALLSTATE LIFE") and the
Trust (as defined below).

     These Standard Support and Expenses Terms shall be of no force and effect
unless and until incorporated by reference in and then only to the extent not
modified by, the Support Agreement.

     The following terms and provisions shall govern the reimbursement
arrangement and terms of indemnity with respect to the Trust, subject to
contrary terms and provisions expressly adopted in the Support Agreement, which
contrary terms shall be controlling.

                                    ARTICLE 1
                   DEFINITIONS; OTHER DEFINITIONAL PROVISIONS

     SECTION 1.1    DEFINITIONS. The following terms, as used in the Support
Agreement, have the following meanings:

     "ADDITIONAL AMOUNTS" has the meaning set forth in the Indenture.

     "ADMINISTRATIVE SERVICES AGREEMENT" means that certain Administrative
Services Agreement included in Part B of the Series Instrument, by and between
the Trust and the Administrator, as the same may be amended, modified or
supplemented from time to time.

     "ADMINISTRATOR" means AMACAR Pacific Corp. and its successors.

     "AFFILIATE" means, as applied to any Person, any other Person directly or
indirectly controlling, controlled by, or under common control with, that Person
and, in the case of an individual, any spouse or other member of that
individual's immediate family. For the purposes of this definition, "control"
(including with correlative meanings, the terms "controlling", "controlled by",
and "under common control with"), as applied to any Person, means the
possession, directly or indirectly, of the power to direct or cause the
direction of the management and policies of that Person, whether through the
ownership of voting securities, by contract or otherwise.

     "AGENTS" has the meaning set forth in the Distribution Agreement.

     "BUSINESS DAY" means a day (other than a Saturday, Sunday or legal holiday)
on which commercial banks in the City of New York, the Borough of Manhattan and
Cook County, State of Illinois, are open for business.

     "CLOSING INSTRUMENT" means the closing instrument of the Trust, pursuant to
which the Indenture is entered into, and certain other documents are executed,
in connection with the issuance of the Notes by the Trust.

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     "COORDINATION AGREEMENT" means that certain Coordination Agreement included
in Part F of the Series Instrument, among Allstate Life, the Trust and the
Indenture Trustee, as the same may be amended, modified or supplemented from
time to time.

     "DELAWARE TRUSTEE" means Wilmington Trust Company, not in its individual
capacity but solely as trustee, and its successors.

     "DISTRIBUTION AGREEMENT" means that certain Distribution Agreement dated as
of -, 2004, by and among Global Funding and the Agents named therein, as the
same may be amended, restated, modified, supplemented or replaced from time to
time.

     "EXCLUDED AMOUNTS" means (i) any obligation of Global Funding or the Trust
to make any payment in accordance with the terms of the Funding Note or the
Notes, (ii) any obligation or expense of Global Funding or the Trust to the
extent that such obligation or expense has actually been paid utilizing funds
from payments under the Funding Agreement(s) or the Funding Note, as applicable,
(iii) any cost, loss, damage, claim, action, suit, expense, disbursement, tax,
penalty and liability of any kind or nature whatsoever resulting from or
relating to any insurance regulatory or other governmental authority asserting
that: (a) the Funding Note or the Notes are, or are deemed to be, (1)
participations in the Funding Agreement(s) or (2) contracts of insurance, or (b)
the offer, purchase, sale or transfer of the Funding Notes or the Notes, or the
pledge and collateral assignment of, or the grant of a security interest in, the
Funding Agreement(s), (1) constitute the conduct of the business of insurance or
reinsurance in any jurisdiction or (2) require Global Funding, the Trust or any
Holder to be licensed as an insurer, insurance agent or broker in any
jurisdiction, (iv) any cost, loss, damage, claim, action, suit, expense,
disbursement, tax, penalty and liability of any kind imposed on a Service
Provider resulting from the bad faith, misconduct or negligence of such Service
Provider, (v) any income taxes or overhead expenses of any Service Provider,
(vi) any withholding taxes imposed with respect to payments made under any
Funding Agreement(s), the Funding Note or the Notes, or (viii) any Additional
Amounts paid to any Holder.

     With respect to any Support Obligation owed to the Delaware Trustee and the
Administrator, clause (iii) of the definition of "Excluded Amounts" shall not
apply.

     "FUNDING AGREEMENT" means each funding agreement issued by Allstate Life,
which is sold to, and deposited into, the Trust by Global Funding.

     "FUNDING NOTE" has the meaning set forth in Part F of the Series
Instrument.

     "GLOBAL FUNDING" means Allstate Life Global Funding, a statutory trust
formed under the laws of the State of Delaware.

     "HOLDER" means any holder of the Notes.

     "INDENTURE" means that certain Indenture included in Part A of the Closing
Instrument, between the Trust and the Indenture Trustee, as the same may be
amended, modified or supplemented from time to time.

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     "INDENTURE TRUSTEE" means J.P. Morgan Trust Company, National Association
and its successors.

     "NAME LICENSING AGREEMENT" means that certain Name Licensing Agreement
included in Part D of the Series Instrument, between Allstate Insurance Company
and the Trust, as the same may be amended, modified or supplemented from time to
time.

     "NOTE" has the meaning specified in the Indenture.

     "NOTICE OF OBLIGATION" means the instrument evidencing a Support Obligation
of the Trust in, or substantially in, the form attached as Exhibit A.

     "PROGRAM" means the program for the issuance, from time to time, of secured
medium term notes of the Allstate Life Global Funding Trusts.

     "SERIES INSTRUMENT" means the series instrument of the Trust, pursuant to
which the Administrative Services Agreement, the Coordination Agreement, the
Name Licensing Agreement, the Support Agreement, the Terms Agreement and the
Trust Agreement are entered into, and certain other documents are executed, in
connection with the issuance of the Notes by the Trust.

     "SERVICE PROVIDER" means each of the Delaware Trustee, the Indenture
Trustee, the Administrator and any other agent or provider of services to the
Trust (other than the Agents), in each case acting in such capacity with respect
to the Notes.

     "SUPPORT AGREEMENT" means the Support and Expenses Agreement with
respect to the Trust included in Part C of the Series Instrument, and which
incorporates by reference these Standard Support and Expenses Agreement
Terms as the same may be amended, modified or supplemented from time to time,
which Support Agreement incorporates by reference these Standard Support and
Expenses Agreement Terms.

     "SUPPORT OBLIGATIONS" means any and all (i) reasonable costs and expenses
reasonably incurred (including the reasonable fees and expenses of counsel),
relating to the offering, sale and issuance of the Notes by the Trust and (ii)
costs, expenses and taxes of the Trust; in each case except the Excluded
Amounts.

     "TERMS AGREEMENT" means that certain Terms Agreement related to the
offering of the Notes, included in Part E of the Series Instrument, by and among
Global Funding, the Trust and each Agent named therein, which will incorporate
by reference the terms of the Distribution Agreement.

     "TRUST" means the Allstate Life Global Funding Trust specified in the
Series Instrument, together with its permitted successors and assigns.

     "TRUST AGREEMENT" means that certain Trust Agreement, included in Part A of
the Series Instrument, pursuant to which the Trust is created.

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     SECTION 1.2    OTHER DEFINITIONAL PROVISIONS. For all purposes of the
Support Agreement, except as otherwise expressly provided or unless the context
otherwise requires:

          (a)  the terms defined in this Article shall have the meanings
               ascribed to them in this Article and shall include the plural as
               well as the singular;

          (b)  the words "include", "includes" and "including" shall be
               construed to be followed by the words "without limitation";

          (c)  Article and Section headings are for the convenience of the
               reader and shall not be considered in interpreting the Support
               Agreement or the intent of the parties to the Support Agreement;
               and

          (d)  capitalized terms not otherwise defined in the Support Agreement
               will have the respective meanings set forth in the Indenture.

                                    ARTICLE 2
                                 REPRESENTATIONS

     SECTION 2.1    GENERAL. Each party to the Support Agreement represents and
warrants to the other that as of the date of the Support Agreement:

          (a)  it has the power to enter into the Support Agreement and to
               consummate the transactions contemplated by the Support
               Agreement;

          (b)  it has duly authorized, executed and delivered the Support
               Agreement;

          (c)  assuming the due authorization, execution and delivery of the
               Support Agreement by the other party, the Support Agreement
               constitutes a legal, valid and binding obligation of the
               representing party;

          (d)  the Support Agreement is enforceable against the representing
               party in accordance with its terms, subject to applicable
               bankruptcy, insolvency and similar laws affecting creditors'
               rights, and subject as to enforceability to general principles of
               equity, regardless of whether enforcement is sought in a
               proceeding in equity or at law;

          (e)  its execution and delivery of the Support Agreement, consummation
               by it of the transactions contemplated by the Support Agreement
               and the performance of its obligations under the Support
               Agreement do not and will not constitute or result in a default,
               breach or violation of the terms or provisions of its

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               organizational documents or any material indenture, contract,
               agreement, instrument, mortgage, judgment, injunction or order
               applicable to which it is a party or by which any of its
               properties may be bound; and

          (f)  no filing with or authorization, order, consent, permit or
               approval of any federal or state governmental authority or agency
               or political subdivision thereof is required for the execution,
               delivery and performance of the Support Agreement that has not
               been already obtained or acquired.

                                    ARTICLE 3
                               SUPPORT OBLIGATIONS

     SECTION 3.1    PAYMENT OF SUPPORT OBLIGATIONS.

          (a)  Allstate Life irrevocably and unconditionally agrees to (i)
               indemnify the Trust against, and pay, all Support Obligations
               and (ii) without duplication, indemnify each Service Provider
               against, and pay, all Support Obligations due and payable by
               the Trust to such Service Provider, in each case within two
               Business Days of receipt of the applicable Notice of Obligation,
               subject only to the terms and conditions of the Support
               Agreement.

          (b)  Allstate Life agrees to pay any amount due under the Support
               Agreement in the currency in which the related Support Obligation
               originated.

          (c)  Allstate Life and the Trust agree that all payments due under
               this Section 3.1 in respect of any Support Obligation shall be
               effected, and any responsibility of Allstate Life to pay such
               Support Obligation pursuant to the indemnity provided to the
               Trust in the Support Agreement shall be discharged, by the
               payment by Allstate Life, at the order of the Trust, to the
               account of the person to whom such Support Obligation is owed, as
               specified in the applicable Notice of Obligation.

     SECTION 3.2    AMENDED OR ADDITIONAL ARRANGEMENTS. The Trust will not,
without the prior written approval of Allstate Life (a) enter into or amend,
modify, restate, and/or supplement any compensation or indemnification
arrangements with respect to the Program or (b) waive any of its rights under
any compensation or indemnification provisions under the Program.

     SECTION 3.3    WAIVER OF NOTICE. Allstate Life waives notice of any fact or
circumstance that could give rise to the payment of any Support Obligation under
Section 3.1 and, except as otherwise provided in the Support Agreement, Allstate
Life also waives presentment, demand for payment, protest, notice of nonpayment,
notice of dishonor, notice of redemption and all other notices and demands.

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     SECTION 3.4    NO IMPAIRMENT. The obligations, covenants, agreements and
duties of Allstate Life under the Support Agreement will in no way be affected
or impaired by reason of the happening from time to time of any of:

          (a)  the extension of time for the payment of all or any portion of
               any Support Obligation or for the performance of any other
               obligation arising under, out of, or in connection with, any
               Support Obligation;

          (b)  any failure, omission, delay or lack of diligence on the part of
               the Trust to enforce, assert or exercise any right, privilege,
               power or remedy conferred on the Trust with respect to any
               Support Obligation or any action on the part of the Trust
               granting indulgence or extension of any kind;

          (c)  the voluntary or involuntary liquidation, dissolution, sale of
               any collateral, receivership, insolvency, bankruptcy, assignment
               for the benefit of creditors, reorganization, arrangement,
               composition or readjustment of debt of, or other similar
               proceedings affecting, the Trust or any of the assets of the
               Trust;

          (d)  the existence of any claim, set-off or other rights that Allstate
               Life may have at any time against the Trust; PROVIDED, that
               nothing in the Support Agreement shall prevent the assertion of
               any such claim by separate suit or compulsory counterclaim; or

          (e)  any other act or omission to act or delay of any kind by the
               Trust or any other Person or any other circumstance whatsoever
               which might, but for the provisions of this Section 3.4(e),
               constitute a legal or equitable discharge of or defense to
               Allstate Life's obligations under the Support Agreement.

     SECTION 3.5    ENFORCEMENT. Notwithstanding any rights granted to Allstate
Life under Section 3.7, Allstate Life waives any right or remedy to require that
any action be brought against any Person prior to the assertion of a claim under
the Support Agreement.

     SECTION 3.6    SUBROGATION. Upon, and subject to, the payment by Allstate
Life of any Support Obligation:

          (a)  Allstate Life shall be subrogated to all of the rights, interests
               and remedies, if any, of the Trust in respect of such Support
               Obligation; and

          (b)  the Trust will (i) from time to time execute all such instruments
               and other agreements and take all such other actions as may be
               necessary or desirable, or that Allstate Life may request, to
               protect any interest of Allstate Life with respect to any Support
               Obligation

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               or to enable Allstate Life to exercise or enforce any right,
               interest or remedy it may have with respect to any such Support
               Obligation and (ii) release to Allstate Life any amount received
               relating to any Support Obligation, or any portion of any Support
               Obligation, immediately after any such amount relating to such
               Support Obligation, or any portion of any such Support
               Obligation, is received by the Trust.

     SECTION 3.7    ACTIONS; NOTIFICATION.

          (a)  The Trust shall give prompt written notice to Allstate Life of
               any litigation, or any investigation or proceeding by any
               governmental agency or body or other Person, whether commenced or
               threatened, against the Trust that may give rise to any Support
               Obligation (each, a "Proceeding"), but the Trust's failure to so
               notify Allstate Life shall not relieve Allstate Life from any
               liability which it may have otherwise under the Support Agreement
               unless the failure to so notify had an adverse impact on Allstate
               Life.

          (b)  Allstate Life may, in its sole discretion, elect to assume the
               defense of the Trust in any Proceeding that could give rise to
               any Support Obligation, and if it so elects, Allstate Life shall
               select counsel reasonably acceptable to the Trust to represent
               the Trust in such Proceeding and pay the fees and expenses of
               such counsel. In any Proceeding, the Trust shall have the right
               to retain its own counsel, but the fees and disbursements of such
               counsel shall not constitute a Support Obligation unless (i)
               Allstate Life and the Trust shall have mutually agreed to the
               retention of such counsel or (ii) the named parties to any such
               Proceeding (including any impleaded parties) include both
               Allstate Life and the Trust, and representation of both parties
               by the same counsel would be inappropriate due to actual or
               potential differing interests between them. In no event shall
               Allstate Life be liable for fees and expenses of more than one
               counsel (in addition to any local counsel) for the Trust in
               connection with any one action or separate but similar or related
               actions in the same jurisdiction arising out of the same general
               allegations or circumstances.

     SECTION 3.8    SETTLEMENT WITHOUT CONSENT. The Trust may not settle any
Proceeding without the consent of Allstate Life.

     SECTION 3.9    THIRD PARTY BENEFICIARIES. Allstate Life understands and
agrees that each Service Provider (including such parties in their respective
individual capacity) shall be a third party beneficiary of the indemnity
provided under the Support Agreement, subject to the limitations on such
indemnity provided in the Support Agreement. No other Person shall have any
legal or equitable right, remedy or claim

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under or in respect of the Support Agreement or any covenants, conditions or
provisions contained in the Support Agreement.

                                    ARTICLE 4
                               GENERAL PROVISIONS

     SECTION 4.1    BINDING EFFECT. All obligations, covenants, agreements and
duties contained in the Support Agreement shall bind the permitted successors
and assigns, and receivers, trustees and representatives of each of Allstate
Life and the Trust.

     SECTION 4.2    AMENDMENTS; ASSIGNMENTS.

          (a)  The Support Agreement will not be amended, modified, restated,
               supplemented or replaced in any manner, except with the unanimous
               written consent of the Trust, Allstate Life, the Administrator,
               the Delaware Trustee and the Indenture Trustee.

          (b)  Neither the Support Agreement nor any title, right or interest in
               the Support Agreement may be sold, transferred, assigned,
               hypothecated or alienated in any manner whatsoever, except with
               the express written consent of the Trust and Allstate Life.

     SECTION 4.3    TERM OF SUPPORT AGREEMENT. The Support Agreement shall
terminate and be of no further force and effect upon the later of (a) the date
on which full payment has been made of all amounts payable to each Holder in
accordance with the terms of the Notes, whether upon maturity, redemption or
otherwise, and (b) the date on which the Trust Agreement and the Trust created
by the Trust Agreement terminate. Unless and until the Support Agreement is
terminated as specified in this Section 4.3, the Support Agreement will be
continuing, irrevocable, unconditional and absolute.

     SECTION 4.4    NOTICES. All demands, notices, instructions or other
communications required or permitted to be given under the Support Agreement
shall be given in writing by delivering the same against receipt by facsimile
transmission (confirmed by registered or certified mail, postage prepaid, return
receipt requested), or by registered or certified mail, postage prepaid, return
receipt requested, addressed as follows (and if so given, shall be deemed given
when mailed or upon receipt of a confirmation, if sent by facsimile):

          If to the Trust, to:

          c/o AMACAR Pacific Corp.
          6525 Morrison Boulevard, Suite 318
          Charlotte, North Carolina 28211
          Attention: Douglas K. Johnson
          Facsimile: (704) 365-1632

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          If to Allstate Life, to:

          Allstate Life Insurance Company
          3100 Sanders Road, Suite M3A
          Northbrook, Illinois 60062
          Attention: Assistant Vice President, Institutional Markets
          Facsimile: (847) 326-6289

          or such other address previously furnished in writing to the other
          party.

     SECTION 4.5    GOVERNING LAW. Pursuant to Section 5-1401 of the General
Obligations Law of the State of New York, the Support Agreement shall be
governed by, and construed in accordance with, the laws of the State of New
York.

     SECTION 4.6    CONSENT TO JURISDICTION. Each party to the Support Agreement
submits for itself and in connection with its properties, generally and
unconditionally, to the nonexclusive jurisdiction of the United States Federal
court located in the City of New York, the Borough of Manhattan for purposes of
any legal proceeding arising out of or relating to the Support Agreement or the
transactions contemplated by the Support Agreement. Each party to the Support
Agreement irrevocably waives, to the fullest extent permitted by law, any
objection which it may have to the laying of the venue of any such proceeding
brought in such a court and any claim that any such proceeding brought in such a
court has been brought in an inconvenient forum. Each party to the Support
Agreement consents to process being served in any suit, action or proceeding
with respect to the Support Agreement, or any document delivered pursuant to the
Support Agreement by the mailing of a copy thereof by registered or certified
mail, postage prepaid, return receipt requested, to its respective address
specified at the time for notices under the Support Agreement or to any other
address of which it shall have given written notice to the other party. The
foregoing shall not limit the ability of any party to the Support Agreement to
bring suit in the courts of any other jurisdiction.

     SECTION 4.7    WAIVER OF JURY TRIAL. Each of the parties to the Support
Agreement irrevocably and expressly waives any and all right to a trial by jury
with respect to any legal proceeding arising out of or relating to the Support
Agreement or any claims or transactions in connection with the Support
Agreement. Each of the parties to the Support Agreement acknowledges that such
waiver is made with full understanding and knowledge of the nature of the rights
and benefits waived.

     SECTION 4.8    COUNTERPARTS. The Support Agreement and any amendments,
modifications, restatements, supplements or replacements of the Support
Agreement, or waivers or consents to the Support Agreement, may be executed in
any number of counterparts, and by parties to the Support Agreement in separate
counterparts, each of which, when so executed and delivered, shall be deemed to
be an original and all of which counterparts, when taken together shall
constitute one and the same instrument. The Support Agreement shall become
effective upon the execution of a counterpart by each of the parties to the
Support Agreement.

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     SECTION 4.9    SEVERABILITY. In the event any provision or obligation of
the Support Agreement shall be invalid, illegal or unenforceable in any
jurisdiction, the validity, legality and enforceability of the remaining
provisions or obligations, or of such provision or obligation in any other
jurisdiction, shall not in any way be affected or impaired thereby to the
fullest extent permitted under applicable law.

     SECTION 4.10   ENTIRE AGREEMENT. The Support Agreement constitutes the
entire agreement between the parties relating to its subject matter, and
supersedes all previous agreements between the parties, whether written or oral.

     SECTION 4.11   NO WAIVER. No failure on the part of the parties to the
Support Agreement to exercise, and no delay in exercising, and no course of
dealing with respect to, any right, power or privilege under the Support
Agreement shall operate as a waiver thereof, nor shall any single or partial
exercise thereof or the exercise of any other right, power or privilege operate
as such a waiver.

     SECTION 4.12   REMEDIES CUMULATIVE. No right, power or remedy of the
parties under the Support Agreement shall be exclusive of any other right, power
or remedy, but shall be cumulative and in addition to any other right, power or
remedy thereunder or existing by law or in equity.

     SECTION 4.13   LIMITATION OF DELAWARE TRUSTEE LIABILITY. Notwithstanding
any provision of the Support Agreement to the contrary, it is expressly
understood and agreed by the parties that (a) the Support Agreement is executed
and delivered by Wilmington Trust Company, not individually or personally, but
solely as Delaware Trustee, in the exercise of the powers and authority
conferred and vested in it pursuant to the Trust Agreement, (b) each of the
representations, undertakings and agreements in the Support Agreement made on
the part of the Trust is made and intended not as personal representations,
undertakings and agreements by Wilmington Trust Company, but is made and
intended for the purpose of binding only the Trust, (c) nothing contained in the
Support Agreement shall be construed as creating any liability on Wilmington
Trust Company, individually or personally, to perform any covenant either
expressed or implied in the Support Agreement, all such liability, if any, being
expressly waived by the parties to the Support Agreement and by any person
claiming by, through or under the parties to the Support Agreement and (d) under
no circumstances shall Wilmington Trust Company be personally liable for the
payment of any indebtedness or expenses of the Trust or be liable for the breach
or failure of any obligation, representation, warranty or covenant made or
undertaken by the Trust under the Support Agreement or any other related
documents.

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                                                                       EXHIBIT A

                              NOTICE OF OBLIGATION

                                                 Date: -

BY [HAND OR OVERNIGHT] DELIVERY AND/OR FACSIMILE

Allstate Life Insurance Company
Office of the General Counsel
3100 Sanders Road
Northbrook, Illinois 60062
Telephone: -
Facsimile: -

Ladies and Gentlemen:

          Reference is hereby made to the Support and Expenses Agreement dated
as of - (the "SUPPORT AGREEMENT") entered into between Allstate Life Insurance
Company, an Illinois stock life insurance company ("ALLSTATE LIFE") and Allstate
Life Global Funding Trust -, a statutory trust organized under the laws of the
State of Delaware (the "TRUST"). Capitalized terms used in this notice (this
"NOTICE OF OBLIGATION") and not otherwise defined have the respective meanings
ascribed in the Support Agreement.

          The  Trust hereby represents to Allstate Life that:

            (a)  on -, the Trust incurred a Support Obligation in an amount of $
                 -;

            (b)  the Support Obligation resulted from -; and

            (c)  all documents and instruments evidencing the Support Obligation
                 are attached to this Notice of Obligation.

          The Trust hereby requests Allstate Life to pay the Support Obligation
in accordance with the Support Agreement to the following account:

            [Name of Bank:
            Account No.:
            Reference No.:]

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          IN WITNESS WHEREOF, the Trust has executed and delivered this Notice
of Obligation as of the date first written above.

                                     ALLSTATE LIFE GLOBAL FUNDING   -

                                     By: Wilmington Trust Company, not in its
                                     individual capacity, but solely as Delaware
                                     Trustee

                                     By:
                                          ----------------------------------
                                     Name:
                                     Title:<Page>

                                                                    EXHIBIT 10.9

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                              AMENDED AND RESTATED

                        ADMINISTRATIVE SERVICES AGREEMENT

                                     BETWEEN

                          ALLSTATE LIFE GLOBAL FUNDING

                                       AND

                              AMACAR PACIFIC CORP.

                               DATED AS OF -, 2004

================================================================================

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                                TABLE OF CONTENTS

<Table>
<Caption>
                                                                                                        PAGE
                                                                                                        ----
<S>                                                                                                       <C>
ARTICLE 1     DEFINITIONS; OTHER DEFINITIONAL PROVISIONS

  SECTION 1.1.      DEFINITIONS............................................................................2
  SECTION 1.2.      OTHER DEFINITIONAL PROVISIONS..........................................................5

ARTICLE 2     APPOINTMENT; ADMINISTRATIVE SERVICES

  SECTION 2.1.      APPOINTMENT............................................................................5
  SECTION 2.2.      ADMINISTRATIVE SERVICES................................................................5

ARTICLE 3     ACTIVITIES OF GLOBAL FUNDING; EMPLOYEES; OFFICES

  SECTION 3.1.      ACTIVITIES OF GLOBAL FUNDING...........................................................8
  SECTION 3.2.      EMPLOYEES..............................................................................8
  SECTION 3.3.      OFFICES................................................................................9

ARTICLE 4     COMPENSATION; INDEMNITIES

  SECTION 4.1.      COMPENSATION...........................................................................9
  SECTION 4.2.      INDEMNITIES............................................................................9

ARTICLE 5     TERM

  SECTION 5.1.      TERM...................................................................................9

ARTICLE 6     OBLIGATION TO SUPPLY INFORMATION

  SECTION 6.1.      OBLIGATION TO SUPPLY INFORMATION......................................................10
  SECTION 6.2.      RELIANCE ON INFORMATION...............................................................10

ARTICLE 7     LIABILITY OF ADMINISTRATOR; STANDARD OF CARE

  SECTION 7.1.      LIABILITY OF ADMINISTRATOR............................................................10
  SECTION 7.2.      NO IMPLIED OBLIGATIONS................................................................10
  SECTION 7.3.      STANDARD OF CARE......................................................................10

ARTICLE 8     LIMITED RECOURSE

  SECTION 8.1.      LIMITED RECOURSE TO GLOBAL FUNDING....................................................11
  SECTION 8.2.      NO RECOURSE TO TRUSTEES AND AGENTS....................................................11

ARTICLE 9     TAX MATTERS

  SECTION 9.1.      INCOME TAX TREATMENT..................................................................11
</Table>

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<Table>
<S>                                                                                                       <C>
ARTICLE 10    MISCELLANEOUS

  SECTION 10.1.     AMENDMENTS............................................................................12
  SECTION 10.2.     NO JOINT VENTURE......................................................................12
  SECTION 10.3.     ASSIGNMENT............................................................................12
  SECTION 10.4.     GOVERNING LAW, CONSENT TO JURISDICTION; WAIVER OF JURY TRIAL..........................12
  SECTION 10.5.     COUNTERPARTS..........................................................................13
  SECTION 10.6.     LIMITATION OF DELAWARE TRUSTEE LIABILITY..............................................13
  SECTION 10.7.     NO PETITION...........................................................................14
  SECTION 10.8.     SEVERABILITY..........................................................................14
  SECTION 10.9.     ENTIRE AGREEMENT......................................................................14
  SECTION 10.10.    ADMINISTRATOR TO PROVIDE ACCESS TO BOOKS AND RECORDS..................................14
  SECTION 10.11.    NO WAIVER.............................................................................14
  SECTION 10.12.    REMEDIES CUMULATIVE...................................................................15
  SECTION 10.13.    NOTICES...............................................................................15
</Table>

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     THIS AMENDED AND RESTATED ADMINISTRATIVE SERVICES AGREEMENT (this "AMENDED
AND RESTATED ADMINISTRATIVE SERVICES AGREEMENT") dated as of -, is entered into
between Allstate Life Global Funding, a statutory trust organized under the laws
of the State of Delaware ("GLOBAL FUNDING") and AMACAR Pacific Corp., as
administrator (in such capacity, the "ADMINISTRATOR").

     WHEREAS, Global Funding and the Administrator entered into that certain
Administrative Services Agreement, dated as of June 27, 2002 (the "Base
Administrative Services Agreement"), and the parties hereto desire to amend and
restate the Base Administrative Services Agreement in its entirety;

     WHEREAS, Global Funding desires to facilitate a program (the "PROGRAM") for
the issuance, from time to time, of secured medium term notes (the "NOTES");

     WHEREAS, the Notes will be issued by newly created Delaware statutory
trusts that are beneficially owned by Global Funding (each, a "TRUST");

     WHEREAS, each Trust will purchase a funding note issued by Global Funding
(each, a "FUNDING NOTE") with the proceeds from the sale of the Notes;

     WHEREAS, Global Funding will sell a Funding Note to each Trust and use the
proceeds therefrom to purchase one or more Funding Agreement(s) (the "FUNDING
AGREEMENT(S)") from Allstate Life;

     WHEREAS, Allstate Life will sell the Funding Agreement(s) to Global Funding
in consideration for the proceeds Global Funding receives from the sale of such
Funding Note;

     WHEREAS, Global Funding will immediately assign absolutely and deposit the
Funding Agreement(s) to each Trust and such Funding Note will be surrendered;

     WHEREAS, each Trust will issue the Notes and collaterally assign the
Funding Agreement(s) to the Indenture Trustee to secure payment of the Notes;

     WHEREAS, Global Funding has requested that the Administrator provide advice
and assistance to Global Funding generally and perform various services for
Global Funding generally; and

     WHEREAS, Global Funding desires to avail itself of the experience, advice
and assistance of the Administrator and to have the Administrator perform
various financial, statistical, accounting and other services for Global
Funding, and the Administrator is willing to furnish such services on the terms
and conditions herein set forth.

     NOW THEREFORE, in consideration of the premises and covenants set forth in
this Amended and Restated Administrative Services Agreement, the parties agree
as follows:

                                       A-1
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                                    ARTICLE 1
                   DEFINITIONS; OTHER DEFINITIONAL PROVISIONS

     SECTION 1.1. DEFINITIONS.

     "ADMINISTRATION FEE" has the meaning ascribed in Section 4.1.

     "ADMINISTRATOR" means AMACAR Pacific Corp., a Delaware corporation, in its
capacity as the sole administrator of Global Funding pursuant to this Amended
and Restated Administrative Services Agreement, and its successors.

     "AFFILIATE" means, as applied to any Person, any other Person directly or
indirectly controlling, controlled by, or under common control with, that Person
and, in the case of an individual, any spouse or other member of that
individual's immediate family. For the purposes of this definition, "control"
(including with correlative meanings, the terms "controlling", "controlled by"
and "under common control with"), as applied to any Person, means the
possession, directly or indirectly, of the power to direct or cause the
direction of the management and policies of that Person, whether through the
ownership of voting securities or by contract or otherwise.

     "AGENTS" has the meaning set forth in the Distribution Agreement.

     "ALLSTATE LIFE" means Allstate Life Insurance Company, a stock life
insurance company organized and licensed under the laws of the State of
Illinois, and any successor.

     "AMENDED AND RESTATED TRUST AGREEMENT" means that certain Amended and
Restated Trust Agreement dated as of - , 2004 pursuant to which Global Funding
is created, as the same may be amended, restated, modified, supplemented or
replaced from time to time.

     "AMENDED AND RESTATED SUPPORT AGREEMENT" means that certain Amended and
Restated Support Agreement dated as of - , 2004, between Allstate Life and
Global Funding, as the same may be amended, restated, modified, supplemented or
replaced from time to time.

     "CLOSING INSTRUMENT" means the closing instrument of the Trust, pursuant to
which the Indenture is entered into, and certain other documents are executed,
in connection with the issuance of the Notes by the Trust.

     "COLLATERAL" means, with respect to the Notes, the right, title and
interest of each Trust in and to (a) the Funding Agreement(s) held by such
Trust, (b) all proceeds of such Funding Agreement(s), (c) all books and records
pertaining to the Funding Agreement(s), and (d) all rights of such Trust
pertaining to the foregoing.

     "COMMISSION" has the meaning ascribed in Section 2.2(c).

                                        2
<Page>

     "COORDINATION AGREEMENT" means that certain Coordination Agreement included
in Part F of the Series Instrument, among Allstate Life Insurance Company, the
Trust and the Indenture Trustee, as the same may be amended, modified or
supplemented from time to time.

     "DELAWARE TRUSTEE" means Wilmington Trust Company, a Delaware banking
corporation, in its capacity as the sole Delaware trustee of Global Funding and
its successors.

     "DISTRIBUTION AGREEMENT" means that certain Distribution Agreement dated as
of -, 2004, by and among Global Funding and the Agents named therein, as the
same may be amended, modified or supplemented from time to time.

     "GLOBAL FUNDING" means Allstate Life Global Funding, a statutory trust
formed under the laws of the State of Delaware.

     "INDENTURE" means that certain Indenture included in Part A of the Closing
Instrument, between the Trust and the Indenture Trustee, as the same may be
amended, modified or supplemented from time to time.

     "INDENTURE TRUSTEE" means J.P. Morgan Trust Company, National Association,
and its successors.

     "LOSS AND EXPENSE" has the meaning ascribed in Section 4.2.

     "MOODY'S" means Moody's Investors Services, Inc.

     "NAME LICENSING AGREEMENT" means that certain Name Licensing Agreement
included in Part D of the Series Instrument, between Allstate Insurance Company
and the Trust, as the same may be amended, modified or supplemented from time to
time.

     "PAYING AGENT" has the meaning set forth in the Standard Indenture Terms.

     "PERSON" means any natural person, corporation, limited partnership,
general partnership, joint stock company, joint venture, association, company,
limited liability company, trust (including any beneficiary thereof), bank,
trust company, land trust, business trust or other organization, whether or not
a legal entity, and any government or any agency or political subdivision
thereof.

     "PROGRAM" means the program for the issuance, from time to time, of secured
medium term notes of the Allstate Life Global Funding Trusts.

     "PROGRAM DOCUMENTS" means the Series Instrument, the Amended and Restated
Trust Agreement, this Amended and Restated Administrative Services Agreement,
the Amended and Restated Support Agreement, the Name Licensing Agreement, the
Distribution Agreement, the Terms Agreement, the Funding Note and any other
documents or instruments entered into by, or with respect to, or on behalf of,
Global Funding.

                                        3
<Page>

     "RATING AGENCY" means each of Moody's Investors Services, Inc., Standard &
Poor's Ratings Services, a Division of The McGraw-Hill Companies, Inc., and any
other rating agency which provides a rating of the Notes.

     "REGISTRAR" has the meaning set forth in the Standard Indenture Terms.

     "RESPONSIBLE OFFICER" means, with respect to the Indenture Trustee or the
Delaware Trustee, any vice president, assistant vice president, any assistant
secretary, any assistant treasurer, any trust officer or assistant trust
officer, or any other officer of the Indenture Trustee or the Delaware Trustee,
as the case may be, customarily performing functions similar to those performed
by any of the above designated officers and also, with respect to a particular
corporate trust matter, any other officer to whom such matter is referred
because of his or her knowledge of and familiarity with the particular subject,
and also, with respect to the Indenture Trustee, having direct responsibility
for the administration of the Indenture.

     "SERIES INSTRUMENT" means the closing instrument of the Trust, pursuant to
which the Administrative Services Agreement, the Coordination Agreement, the
Name Licensing Agreement, the Support Agreement, the Terms Agreement and the
Trust Agreement are entered into, and certain other documents are executed, in
connection with the issuance of the Notes by the Trust.

     "S&P" means Standard & Poor's Ratings Services, a Division of The
McGraw-Hill Companies, Inc.

     "SERVICE PROVIDER" has the meaning set forth in the Amended and Restated
Support Agreement.

     "STANDARD INDENTURE TERMS" means the Standard Indenture Terms, dated as of
-, 2004 relating to Global Funding's Program for the issuance of Notes.

     "SUPPORT AGREEMENT" means the Support and Expenses Agreement with respect
to the Trust named in the Series Instrument, included in Part C of the Series
Instrument, as the same may be amended, modified or supplemented from time to
time.

     "TERMS AGREEMENT" means that certain Terms Agreement related to the
offering of the Notes, included in Part E of the Series Instrument, by and among
Global Funding, the Trust and each Agent named therein, which will incorporate
by reference the terms of the Distribution Agreement.

     "TRUST" means the Allstate Life Global Funding Trust specified in the
Series Instrument, together with its permitted successors and assigns.

     "TRUST AGREEMENT" means that certain Trust Agreement, included in Part A of
the Series Instrument, pursuant to which the Trust is created.

     "TRUST ORDER" has the meaning set forth in the Standard Indenture Terms.

                                        4
<Page>

     SECTION 1.2. OTHER DEFINITIONAL PROVISIONS. For all purposes of this
Amended and Restated Administrative Services Agreement, except as otherwise
expressly provided or unless the context otherwise requires:

     (a)  the terms defined in this Article shall have the meanings ascribed to
          them in this Article and shall include the plural as well as the
          singular; PROVIDED, that all capitalized terms used in and not
          otherwise defined in this Amended and Restated Administrative Services
          Agreement will have the meanings set forth in the Standard Indenture
          Terms;

     (b)  the words "include", "includes" and "including" shall be construed to
          be followed by the words "without limitation";

     (c)  Article and Section headings are for the convenience of the reader and
          shall not be considered in interpreting this Amended and Restated
          Administrative Services Agreement or the intent of the parties to this
          Amended and Restated Administrative Services Agreement; and

     (d)  capitalized terms not otherwise defined in this Amended and Restated
          Administrative Services Agreement will have the respective meanings
          set forth in the Standard Indenture Terms.

                                    ARTICLE 2
                      APPOINTMENT; ADMINISTRATIVE SERVICES

     SECTION 2.1. APPOINTMENT. Pursuant to Section 3806(b)(7) of the Delaware
Statutory Trust Act, the Administrator is hereby appointed, as an agent of
Global Funding with full power and authority, and agrees to carry out all of the
duties and responsibilities (a) of Global Funding under the Program Documents
and any other document to which Global Funding is a party and (b) of the
Administrator under this Amended and Restated Administrative Services Agreement.

     SECTION 2.2. ADMINISTRATIVE SERVICES. Without limiting the generality of
Section 2.1, Global Funding authorizes and empowers the Administrator, as its
agent, to perform, and the Administrator agrees to perform, the following
services:

     (a)  subject to the timely receipt of all necessary information, providing,
          or causing to be provided, all clerical, and bookkeeping services
          necessary and appropriate for the administration of Global Funding,
          including, without limitation, the following services as well as those
          other services specified in the following subsections:

          (i)     maintenance of all books and records of Global Funding
                  relating to the fees, costs and expenses of Global Funding
                  which books and records shall be maintained separately from
                  those of the Administrator;

                                        5
<Page>

          (ii)    maintenance of records of cash payments and disbursements
                  (excluding principal and interest on any Funding Agreement(s)
                  or Funding Note) of Global Funding in accordance with
                  generally accepted accounting principles, and preparation for
                  audit of such periodic financial statements as may be
                  necessary or appropriate;

          (iii)   upon request, preparation for execution by Global Funding,
                  through a Responsible Officer, of amendments to and waivers
                  under the Program Documents and any other documents or
                  instruments deliverable by Global Funding thereunder or in
                  connection therewith;

          (iv)    holding, maintaining, and preserving executed copies of the
                  Program Documents and other documents or instruments executed
                  by Global Funding thereunder or in connection therewith, which
                  shall be maintained separately from those of the
                  Administrator;

          (v)     upon receipt of notice, taking such action as may be
                  reasonably necessary to enforce the performance by the other
                  parties to agreements to which Global Funding is a party, and
                  enforce the obligations of those parties to Global Funding
                  under such agreements;

          (vi)    upon request, preparing for execution by a Responsible Officer
                  such notices, consents, instructions and other communications
                  that Global Funding may from time to time be required or
                  permitted to give under the Program Documents or any other
                  document executed by Global Funding;

          (vii)   obtaining services of outside counsel, accountants and other
                  Service Providers on behalf of Global Funding;

          (viii)  preparing for execution by a Responsible Officer any Trust
                  Order for payment of any amounts due and owing by Global
                  Funding under the Program Documents to which Global Funding is
                  a party or any other document to which Global Funding is a
                  party; provided that the foregoing shall not obligate the
                  Administrator to advance any of its own monies for such
                  purpose, it being understood that such amounts shall be
                  payable only to the extent assets held in Global Funding are
                  available therefor and at such times and in such amounts as
                  shall be permitted by the Program Documents;

          (ix)    preparing for execution by a Responsible Officer any
                  instruction for payment of any amounts due and owing by Global
                  Funding to the Indenture Trustee, the Paying Agent, the
                  Registrar and other Service Providers on request for all
                  expenses, disbursements and

                                        6
<Page>

                  advances to the extent not paid pursuant to the Amended and
                  Restated Support Agreement; PROVIDED that the foregoing shall
                  not obligate the Administrator to advance any of its own
                  monies for such purpose, it being understood that such amounts
                  shall be payable only to the extent assets held in Global
                  Funding are available therefor and at such times and in such
                  amounts as shall be permitted by the Program Documents;

          (x)     causing a firm of independent public accountants that is a
                  member of the American Institute of Certified Public
                  Accountants to furnish to the board of directors of Allstate
                  Life an attestation report concerning compliance with
                  established minimum servicing standards; and

          (xi)    taking such other actions as may be incidental or reasonably
                  necessary (A) to the accomplishment of the actions of the
                  Administrator authorized in this subsection (a) or (B) upon
                  receipt of notice from a Responsible Officer directing
                  specifically the Administrator to do so, to the accomplishment
                  of the duties and responsibilities, and compliance with the
                  obligations, of Global Funding, under the Program Documents
                  and under any other document to which Global Funding is or may
                  be a party to the extent not otherwise performed by the
                  Indenture Trustee, a Paying Agent, the Transfer Agent, the
                  Registrar or the Delaware Trustee, provided that no such
                  duties or responsibilities shall materially enlarge the duties
                  and responsibilities of the Administrator which are set forth
                  specifically in this Amended and Restated Administrative
                  Services Agreement;

     (b)  performing the administrative services to ensure compliance with all
          of the obligations, representations, covenants and agreements of
          Global Funding set forth in the Program Documents;

     (c)  subject to the timely receipt of all necessary information or notices
          from the Delaware Trustee, and based on the advice of counsel, on
          behalf of Global Funding, (i) the preparation and filing with the
          Securities and Exchange Commission (the "COMMISSION") and, if
          necessary, executing, in each case solely on behalf of Global Funding
          and not in the Administrator's individual capacity such documents,
          forms, certifications or filings as may be required by the Securities
          Act of 1933, as amended, the Securities Exchange Act of 1934, as
          amended, the Trust Indenture Act of 1939, as amended, or other
          securities laws; (ii) the preparation and filing of any documents or
          forms required to be filed by any rules or regulations of any
          securities exchange, including without limitation, the New York Stock
          Exchange, or market quotation dealer system or the National
          Association of Securities Dealers, Inc. in connection with the listing
          of the Notes thereon; and (iii) preparing, filing and executing solely

                                        7
<Page>

          on behalf of Global Funding or any Trust and not in the
          Administrator's individual capacity, such filings, applications,
          reports, surety bonds, irrevocable consents, appointments of attorney
          for service of process and other papers and documents as may be
          necessary or desirable under the securities or "Blue Sky" laws of any
          relevant jurisdictions; and

     (d)  undertaking such other administrative services as may be reasonably
          requested by Global Funding or the Delaware Trustee, including causing
          the preparation by Global Funding of any prospectus, prospectus
          supplement, pricing supplement, registration statement, amendments,
          including any exhibits and schedules thereto, any reports or other
          filings or documents, or supplement thereto or complying with the
          securities or "Blue Sky" laws of any relevant jurisdictions in
          connection with the performance by Global Funding of its obligations
          under the Program Documents or any other document to which Global
          Funding is a party or other documents executed thereunder or in
          connection therewith.

     Any of the above services (other than those described in Sections 2.2(b),
2.2(c) and 2.2(d)) may, if the Administrator or Global Funding deems it
necessary or desirable, be subcontracted by the Administrator; PROVIDED that
notice is given to Global Funding of such subcontract and, notwithstanding such
subcontract, the Administrator shall remain responsible for performance of the
services set forth above unless such services are subcontracted to accountants
or legal counsel selected with due care by the Administrator and reasonably
satisfactory to Global Funding and in which case the Administrator shall not
remain responsible for the performance of such services and the Administrator
shall not, in any event, be responsible for the costs, fees or expenses in
connection therewith.

                                    ARTICLE 3
                ACTIVITIES OF GLOBAL FUNDING; EMPLOYEES; OFFICES.

     SECTION 3.1. ACTIVITIES OF GLOBAL FUNDING. The Administrator agrees to
carry out and perform the administrative activities of Global Funding set forth
in Article 2 in the name and on behalf of Global Funding as its agent.

     SECTION 3.2. EMPLOYEES. All services to be furnished by the Administrator
under this Amended and Restated Administrative Services Agreement may be
furnished by an officer or employee of the Administrator, an officer or employee
of any Affiliate of the Administrator, or, subject to Article 2, any other
person or agent designated or retained by it; PROVIDED that the Administrator
shall remain ultimately responsible for the provision of such services by an
officer or employee of the Administrator or any of its Affiliates or any other
person or agent designated or retained by it, unless selected with due care and
reasonably satisfactory to Global Funding in accordance with the last paragraph
of Article 2. No director, officer or employee of the Administrator or any
Affiliate of the Administrator shall receive from Global Funding a salary or
other compensation.

                                        8
<Page>

     SECTION 3.3. OFFICES. The Administrator agrees to provide its own office
space, together with appropriate materials and any necessary support personnel,
for the day to day activities of Global Funding set forth in Article 2 to be
carried out and performed by the Administrator, all for the compensation
specified in Article 4. All services to be furnished by the Administrator under
this Amended and Restated Administrative Services Agreement shall be performed
from the Administrator's office in North Carolina.

                                    ARTICLE 4
                            COMPENSATION; INDEMNITIES

     SECTION 4.1. COMPENSATION. Global Funding agrees to pay the Administrator
the fees set forth in this Amended and Restated Administrative Services
Agreement (the "ADMINISTRATION FEE").

     SECTION 4.2. INDEMNITIES. To the fullest extent permitted under applicable
law and subject to limitations imposed by public policy, Global Funding agrees
to indemnify the Administrator, and hold the Administrator harmless, from and
against any and all losses, liabilities (including liabilities for penalties),
actions, suits, judgments, demands, damages, out-of-pocket costs and expenses
(including, without limitation, interest and reasonable attorneys fees, but
excluding costs and expenses attributable solely to administrative overhead)
arising out of, in connection with, or resulting from the exercise of the
Administrator's rights and/or the performance of the Administrator's duties, by
the Administrator or its agents and employees, under this Amended and Restated
Administrative Services Agreement (collectively, "LOSS AND EXPENSE"); PROVIDED,
HOWEVER, Global Funding shall not be liable to indemnify the Administrator, or
hold the Administrator harmless, from and against any and all Loss and Expense
resulting from or attributable to the negligence, bad faith or willful
misconduct of the Administrator.

                                    ARTICLE 5
                                      TERM

     SECTION 5.1. TERM. The Administrator may terminate this Amended and
Restated Administrative Services Agreement upon at least 30 days' written notice
to Global Funding and Allstate Life and Global Funding may terminate this
Amended and Restated Administrative Services Agreement upon at least 30 days'
notice to the Administrator (copies of any notice of termination shall also be
sent to the Indenture Trustee). Such termination will not become effective until
(a) Global Funding appoints a successor Administrator, (b) the successor
Administrator accepts such appointment, (c) the Administrator has obtained the
prior written confirmation of any Rating Agency that such action will not result
in a reduction or withdrawal of its then current ratings, if any, of the Program
and/or the Notes, as applicable and (d) Global Funding has paid all accrued and
unpaid amounts owed to the Administrator under this Amended and Restated
Administrative Services Agreement.

                                        9
<Page>

                                    ARTICLE 6
                        OBLIGATION TO SUPPLY INFORMATION

     SECTION 6.1. OBLIGATION TO SUPPLY INFORMATION. The Delaware Trustee shall
forward to the Administrator such information (which is in the possession of
Global Funding) in connection with the Program Documents and this Amended and
Restated Administrative Services Agreement as the Administrator may from time to
time reasonably request in connection with the performance of its obligations
under this Amended and Restated Administrative Services Agreement. The
Administrator will (a) hold and safely maintain all records, files, Program
Documents and other material of Global Funding and (b) permit Global Funding,
the Delaware Trustee, and each of their respective officers, directors, agents
and consultants on reasonable notice at any time and from time to time during
normal business hours to inspect, audit, check and make abstracts from the
accounts, records, correspondence, documents and other materials of Global
Funding, or relating to the provision of services and facilities under this
Amended and Restated Administrative Services Agreement.

     SECTION 6.2. RELIANCE ON INFORMATION. Global Funding recognizes that the
accuracy and completeness of the records maintained and the information supplied
by the Administrator under this Amended and Restated Administrative Services
Agreement is dependent upon the accuracy and completeness of the information
obtained by the Administrator from the parties to the Program Documents and
other sources and the Administrator shall not be responsible for any inaccurate
or incomplete information so obtained or for any inaccurate or incomplete
records maintained by the Administrator under this Amended and Restated
Administrative Services Agreement that may result therefrom. The Administrator
shall have no duty to investigate the accuracy or completeness of any
information provided to it and shall be entitled to fully rely on all such
information provided to it.

                                    ARTICLE 7
                  LIABILITY OF ADMINISTRATOR; STANDARD OF CARE

     SECTION 7.1. LIABILITY OF ADMINISTRATOR. The Administrator assumes no
liability for anything other than the services rendered by it pursuant to
Articles 2, 3, 6 and 9, and neither the Administrator nor any of its directors,
officers, employees or Affiliates shall be responsible for any action of Global
Funding, the Delaware Trustee or the officers or employees thereof taken outside
the scope of Articles 2, 3, 6 and 9 and without direction from the
Administrator. Without limiting the generality of the foregoing, it is agreed
that the Administrator assumes no liability with respect to any of Global
Funding's obligations under the Program Documents.

     SECTION 7.2. NO IMPLIED OBLIGATIONS. The Administrator shall not perform,
endeavor to perform or agree to perform any act on behalf of Global Funding not
specifically required or permitted under the Program Documents.

     SECTION 7.3. STANDARD OF CARE. The Administrator shall perform its duties
under this Amended and Restated Administrative Services Agreement diligently, in

                                       10
<Page>

conformity with Global Funding's obligations under the Program Documents and
applicable laws and regulations and in accordance with the same standard of care
exercised by a prudent person in connection with the performance of the same or
similar duties and, in no event with less care than the Administrator exercises
or would exercise in connection with the same or similar obligations if those
obligations were the direct obligations of the Administrator.

                                    ARTICLE 8
                                LIMITED RECOURSE

     SECTION 8.1. LIMITED RECOURSE TO GLOBAL FUNDING. Notwithstanding anything
to the contrary contained in this Amended and Restated Administrative Services
Agreement, all obligations of Global Funding under this Amended and Restated
Administrative Services Agreement shall be payable by Global Funding (subject to
the lien created by the Indenture on the Collateral held by Global Funding) only
on a payment date of the Funding Note and only to the extent of funds available
therefor under the Indenture and, to the extent such funds are not available or
are insufficient for the payment thereof, shall not constitute a claim against
Global Funding to the extent of such unavailability or insufficiency until such
time as the Collateral held in Global Funding has produced proceeds sufficient
to pay such prior deficiency. This Section 8.1 shall survive the termination of
this Amended and Restated Administrative Services Agreement.

     SECTION 8.2. NO RECOURSE TO TRUSTEES AND AGENTS. The obligations of Global
Funding under this Amended and Restated Administrative Services Agreement are
solely the obligations of Global Funding and no recourse shall be had with
respect to this Amended and Restated Administrative Services Agreement or any of
the obligations of Global Funding under this Amended and Restated Administrative
Services Agreement or for the payment of any fee or other amount payable under
this Amended and Restated Administrative Services Agreement or for any claim
based on, arising out of or relating to any provision of this Amended and
Restated Administrative Services Agreement against any trustee, employee,
settlor, Affiliate, agent or servant of Global Funding. This Section 8.2 shall
survive the termination of this Amended and Restated Administrative Services
Agreement.

                                    ARTICLE 9
                                   TAX MATTERS

     SECTION 9.1. INCOME TAX TREATMENT. The Administrator agrees that for all
United States Federal, state and local income and franchise tax purposes (i) to
treat the Notes as indebtedness of Allstate Life, (ii) Global Funding and the
Trust will be ignored and will not be treated as an association or a publicly
traded partnership taxable as a corporation and (iii) to not take any action
inconsistent with the treatment described in (i) and (ii) unless otherwise
required by law.

                                       11
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                                   ARTICLE 10
                                  MISCELLANEOUS

     SECTION 10.1. AMENDMENTS. No waiver, alteration, modification, amendment or
supplement of the terms of this Amended and Restated Administrative Services
Agreement shall be effective unless (a) accomplished by written instrument
signed by the parties to this Amended and Restated Administrative Services
Agreement and (b) for so long as any Notes remain outstanding, each of Moody's
and S&P has confirmed in writing that such action will not result in reduction
or withdrawal of its then current ratings, if any, of the Program and/or any
Notes, as applicable. Global Funding shall provide each of Moody's and S&P with
a copy of each such waiver, alteration, modification, amendment or supplement.
Notwithstanding anything in this Section 10.1 to the contrary, no waiver,
alteration, modification, amendment or supplement to the terms of this Amended
and Restated Administrative Services Agreement shall be effective without the
prior written consent of Allstate Life.

     SECTION 10.2. NO JOINT VENTURE. Nothing contained in this Amended and
Restated Administrative Services Agreement shall constitute Global Funding and
the Administrator as members of any partnership, joint venture, association,
syndicate or unincorporated business.

     SECTION 10.3. ASSIGNMENT. Except as set forth in this Section 10.3, and
subject to the rights of the Administrator to subcontract its services under
this Amended and Restated Administrative Services Agreement pursuant to Article
2, this Amended and Restated Administrative Services Agreement may not be
assigned by either party without (i) the prior written consent of the other
party and Allstate Life and (ii) the prior written confirmation of each of
Moody's and S&P that such action will not result in a reduction or withdrawal of
its then current ratings, if any, of the Program or any Notes, as applicable.
Subject to the foregoing, this Amended and Restated Administrative Services
Agreement shall be binding upon and inure to the benefit of the parties to this
Amended and Restated Administrative Services Agreement and their respective
successors and assigns. Any party's transfer or assignment of this Amended and
Restated Administrative Services Agreement in violation of this Section 10.3
shall be void as to the other party.

     SECTION 10.4. GOVERNING LAW, CONSENT TO JURISDICTION; WAIVER OF JURY TRIAL.

     (a)  Pursuant to Section 5-1401 of the General Obligations Law of the State
          of New York, this Amended and Restated Administrative Services
          Agreement shall be governed by and construed in accordance with the
          laws of the State of New York. Each party to this Amended and Restated
          Administrative Services Agreement submits to the nonexclusive
          jurisdiction of the United States District Court for the Southern
          District of New York and of any New York State Court sitting in New
          York City for purposes of all legal proceeding arising out of or
          relating to this Amended and Restated Administrative Services
          Agreement or the transactions contemplated by this Amended and
          Restated Administrative Services

                                       12
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          Agreement. Each party to this Amended and Restated Administrative
          Services Agreement irrevocably waives, to the fullest extent permitted
          by law, any objection which it may have to the laying of the venue of
          any such proceeding brought in such a court and any claim that any
          such proceeding brought in such a court has been brought in an
          inconvenient forum. Each party to this Amended and Restated
          Administrative Services Agreement consents to process being served in
          any suit, action or proceeding with respect to this Amended and
          Restated Administrative Services Agreement, or any document delivered
          pursuant to this Amended and Restated Administrative Services
          Agreement by the mailing of a copy thereof by registered or certified
          mail, postage prepaid, return receipt requested, to its respective
          address specified at the time for notices under this Amended and
          Restated Administrative Services Agreement or to any other address of
          which it shall have given written notice to the other parties. The
          foregoing shall not limit the ability of any party to this Amended and
          Restated Administrative Services Agreement to bring suit in the courts
          of any other jurisdiction.

     (b)  Each of the parties irrevocably waives any and all right to a trial by
          jury with respect to any legal proceeding arising out of or relating
          to this Amended and Restated Administrative Services Agreement or any
          transaction. Each of the parties to this Amended and Restated
          Administrative Services Agreement acknowledges that such waiver is
          made with full understanding and knowledge of the nature of the rights
          and benefits waived.

     SECTION 10.5. COUNTERPARTS. This Amended and Restated Administrative
Services Agreement and any amendments, modifications, restatements, supplements
and/or replacements of this Amended and Restated Administrative Services
Agreement, or waivers or consents to this Amended and Restated Administrative
Services Agreement, may be executed in any number of counterparts, and by
different parties to this Amended and Restated Administrative Services Agreement
in separate counterparts, each of which, when so executed and delivered, shall
be deemed to be an original and all of which counterparts, when taken together,
shall constitute one and the same instrument. This Amended and Restated
Administrative Services Agreement shall become effective upon the execution of a
counterpart by each of the parties.

     SECTION 10.6. LIMITATION OF DELAWARE TRUSTEE LIABILITY. Notwithstanding any
provision of this Amended and Restated Administrative Services Agreement to the
contrary, it is expressly understood and agreed by the parties that (a) this
Amended and Restated Administrative Services Agreement is executed and delivered
by the Delaware Trustee, not individually or personally, but solely as trustee,
as applicable, in the exercise of the powers and authority conferred and vested
in it, pursuant to the Amended and Restated Trust Agreement, (b) each of the
representations, undertakings and agreements in this Amended and Restated
Administrative Services Agreement made on the part of Global Funding is made and
intended not as personal representations, undertakings and agreements by the
Delaware Trustee but is made and intended for the purpose of binding

                                       13
<Page>

only Global Funding, (c) nothing contained in this Amended and Restated
Administrative Services Agreement shall be construed as creating any liability
on the Delaware Trustee, individually or personally, to perform any covenant
either expressed or implied contained in this Amended and Restated
Administrative Services Agreement, all such liability, if any, being expressly
waived by the parties to this Amended and Restated Administrative Services
Agreement and by any person claiming by, through or under the parties to this
Amended and Restated Administrative Services Agreement, and (d) under no
circumstances shall the Delaware Trustee be personally liable for the payment of
any indebtedness or expenses of Global Funding or be liable for the breach or
failure of any obligation, representation, warranty or covenant made or
undertaken by Global Funding under this Amended and Restated Administrative
Services Agreement or any other related documents.

     SECTION 10.7. NO PETITION. To the extent permitted by applicable law, the
Administrator covenants and agrees that it will not institute against, or join
with any other Person in instituting against, Global Funding any bankruptcy,
reorganization, arrangement, insolvency or liquidation proceedings, or other
proceedings under any applicable bankruptcy or similar law. This Section 10.7
shall survive termination of this Amended and Restated Administrative Services
Agreement.

     SECTION 10.8. SEVERABILITY. If any provision in this Amended and Restated
Administrative Services Agreement shall be invalid, illegal or unenforceable,
such provisions shall be deemed severable from the remaining provisions of this
Amended and Restated Administrative Services Agreement and shall in no way
affect the validity or enforceability of such other provisions of this Amended
and Restated Administrative Services Agreement.

     SECTION 10.9. ENTIRE AGREEMENT. This Amended and Restated Administrative
Services Agreement constitutes the entire agreement between the parties with
respect to matters covered by this Amended and Restated Administrative Services
Agreement and supersedes all prior agreements and understandings with respect to
such matters between the parties whether written or oral.

     SECTION 10.10. ADMINISTRATOR TO PROVIDE ACCESS TO BOOKS AND RECORDS. The
Administrator shall provide the Indenture Trustee with access to the books and
records of Global Funding, without charge, but only (a) upon the reasonable
request of the Indenture Trustee (for which purpose one Business Day shall be
deemed reasonable during the occurrence and continuation of a Default or an
Event of Default), (b) during normal business hours, (c) subject to the
Administrator's normal security and confidentiality procedures and (d) at
offices designated by the Administrator.

     SECTION 10.11. NO WAIVER. No failure on the part of the parties to this
Amended and Restated Administrative Services Agreement to exercise, and no delay
in exercising, and no course of dealing with respect to, any right, power or
privilege under this Amended and Restated Administrative Services Agreement
shall operate as a waiver thereof, nor shall any single or partial exercise
thereof or the exercise of any other right, power or privilege operate as such a
waiver.

                                       14
<Page>

     SECTION 10.12. REMEDIES CUMULATIVE. No right, power or remedy of the
parties under this Amended and Restated Administrative Services Agreement shall
be exclusive of any other right, power or remedy, but shall be cumulative and in
addition to any other right, power or remedy thereunder or existing by law or in
equity.

     SECTION 10.13. NOTICES. All notices, demands, instructions and other
communications required or permitted to be given to or made upon either party to
this Amended and Restated Administrative Services Agreement shall be in writing
(including by facsimile transmission) and shall be personally delivered or sent
by guaranteed overnight delivery or by facsimile transmission (to be followed by
personal or guaranteed overnight delivery) and shall be deemed to be given for
purposes of this Amended and Restated Administrative Services Agreement on the
day that such writing is received by the intended recipient thereof in
accordance with the provisions of this Section. Unless otherwise specified in a
notice sent or delivered in accordance with the foregoing provisions of this
Section, notices, demands, instructions and other communications in writing
shall be given to or made upon the respective parties thereto at their
respective addresses (or their respective telecopy numbers) indicated below:

          If to Global Funding:

          c/o Wilmington Trust Company
          Rodney Square North
          1100 North Market Street
          Wilmington, DE 19890
          Attention: Corporate Trust Administration
          Facsimile: (302) 636-4140

          If to the Administrator:

          AMACAR Pacific Corp.
          6525 Morrison Blvd., Suite 318
          Charlotte, North Carolina 28211
          Attention: Douglas K. Johnson
          Facsimile: (704) 365-1632

                                       15
<Page>

     IN WITNESS WHEREOF, the parties hereto have caused this Amended and
Restated Administrative Services Agreement to be executed as of the day and year
first above written.

                                       ALLSTATE LIFE GLOBAL FUNDING

                                       By:   Wilmington Trust Company, not in
                                       its individual capacity,
                                       but solely as Delaware Trustee

                                       By:
                                              ----------------------------------
                                              Name:
                                              Title:

                                       AMACAR PACIFIC CORP.,
                                       in its individual capacity

                                       By:
                                              ----------------------------------
                                              Name:  Douglas K. Johnson
                                              Title: President

                                       16

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