Document:

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Kemper Investors Life Insurance Company                     [LOGO APPEARS HERE]
A Stock Life Insurance Company                              ZURICH
1600 McConnor Parkway                                        LIFE
Schaumburg, Illinois 60196-6801

RIGHT TO CANCEL - FREE LOOK PROVISION - At anytime within 10 days of receiving
this Certificate You may return it to Us or to the representative through whom
it was purchased. All Purchase Payments allocated to the Fixed Account plus the
Separate Account Certificate Value plus Market Adjusted Values computed at the
end of the valuation period following Our receipt of this Certificate will then
be refunded within 10 days.

This Certificate is issued pursuant to the terms of the Master Policy number
K1005 issued by Kemper Investors Life Insurance Company ("KILICO").

We agree to pay an Annuity to the Owner on the Annuity Date provided this
Certificate is in force on the Annuity Date.

We further agree to pay the death benefit prior to the Annuity Date upon the
death of an Owner when a death benefit is payable. Payment will be made upon Our
receipt of due proof of death and the return of this Certificate.

This Certificate is not the insurance contract and does not amend, extend or
alter the coverage afforded under the Master Policy. The Certificate summarizes
the applicable principal provisions of the Master Policy, which alone
constitutes the entire contract between KILICO and the Master Policyholder.

This Certificate constitutes evidence of coverage under the Master Policy if We
have received the initial Purchase Payment. The benefits and provisions
described on the following pages are subject in all respects to the terms and
conditions of the Master Policy.

Signed for Kemper Investors Life Insurance Company at its home office in
Schaumburg, Illinois.

/S/ Debra P. Rezabek                   /S/ Gale K. Caruso
--------------------                   --------------------
Secretary                              President

GROUP FLEXIBLE PREMIUM MODIFIED GUARANTEED, FIXED AND VARIABLE DEFERRED ANNUITY
CERTIFICATE

NON-PARTICIPATING

BENEFITS, PAYMENTS AND VALUES PROVIDED BY THE CERTIFICATE, WHEN BASED ON THE
INVESTMENT EXPERIENCE OF THE SUBACCOUNTS, ARE VARIABLE AND ARE NOT GUARANTEED AS
TO DOLLAR AMOUNT. REFER TO THE VARIABLE ACCOUNT AND ANNUITY PERIOD PROVISIONS
FOR A DETERMINATION OF ANY VARIABLE BENEFITS.

BENEFITS, PAYMENTS AND VALUES PROVIDED BY THE CERTIFICATE, WHEN BASED ON
GUARANTEE PERIOD VALUES, MAY INCREASE OR DECREASE IN ACCORDANCE WITH THE MARKET
VALUE ADJUSTMENT FORMULA STATED IN THE CERTIFICATE SCHEDULE.

READ YOUR CERTIFICATE CAREFULLY.

Form No. L-8824

<PAGE>

                             TABLE OF CONTENTS                              Page

CERTIFICATE SCHEDULE                                   Follows Table of Contents

DEFINITIONS                                                                  1-3

GENERAL PROVISIONS                                                           3-4
  The Entire Contract                                                        3
  Modification of Contract                                                   3
  Certificates                                                               3
  Incontestability                                                           3
  Change of Annuity Date                                                     3
  Assignment                                                                 3
  Due Proof of Death                                                         3
  Reserves, Certificate Values and Death Benefits                            3
  Non-Participating                                                          3
  Reports                                                                    3
  Premium Taxes                                                              4
  Creditors                                                                  4

OWNER, BENEFICIARY AND ANNUITANT PROVISIONS                                  4-5
  Owner                                                                      4
  Change of Ownership                                                        4
  Beneficiary Designation and Change of Beneficiary                          4
  Death of Beneficiary                                                       4
  Annuitant                                                                  5

PURCHASE PAYMENT PROVISIONS                                                  5
  Purchase Payment Limitations                                               5
  Place of Payment                                                           5

FIXED ACCOUNT PROVISIONS                                                     5
  Fixed Account Certificate Value                                            5

GUARANTEE PERIOD PROVISIONS                                                  6
  Guarantee Period                                                           6
  Guaranteee Period Value                                                    6
  Marker Value Adjustment                                                    6

VARIABLE ACCOUNT PROVISIONS                                                  6-7
  Separate Account                                                           6
  Liabilities of the Separate Account                                        6
  Subaccounts                                                                6
  Fund                                                                       7
  Rights Reserved by the Company                                             7
  Accumulation Unit Value                                                    7
  Investment Experience Factor                                               7

TRANSFER AND WITHDRAWAL PROVISIONS                                           8-9
  Transfers During the Accumulation Period                                   8
  Withdrawals During the Accumulation Period                                 8
  Withdrawal Charges                                                         8
  Transfers and Withdrawal Procedures                                        9
  Deferment of Withdrawal or Transfer                                        9

L-8824

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                               TABLE OF CONTENTS                           Page

DEATH BENEFIT PROVISIONS                                                   9-10
  Amount Payable Upon Death                                                9
  Payment of Death Benefits During the Accumulation Period                 10
  Spousal Continuation                                                     10

ANNUITY PERIOD PROVISIONS                                                  10-16
  Annuity Options                                                          10
  Option 1 Fixed Installment Annuity                                       10
  Option 2 Life Annuity                                                    10
  Option 3 Life Annuity with Installments Guaranteed                       10
  Option 4 Joint and Survivor Annuity                                      11
  Option 5 Joint and Survivor Annuity with Installments Guaranteed         11
  Other Options                                                            11
  Commutability                                                            11
  Election of Annuity Option                                               11-12
  Electing a Fixed or Variable Annuity Option                              12
  Fixed Annuity                                                            12
  Variable Annuity                                                         12-13
  Annuity Unit Value                                                       13
  Basis of Annuity Options                                                 13
  Withdrawal Charge Upon Annuitization                                     13
  Transfers Between Subaccounts                                            13-14
  Conversions from a Fixed Account Payment                                 14
  Conversions to a Fixed Annuity Payment                                   15
  Payment of Death Benefits During the Annuity Period                      15-16
  Disbursement Upon Death of Annuitant: Under Options 1, 3 or 5            16
  Supplementary Agreement                                                  16
  Date of First Payment                                                    16
  Evidence of Age, Sex and Survival                                        16
  Misstatement of Age or Sex                                               16

ANNUITY OPTION TABLE                                          Follows Page 16

ENDORSEMENTS, if any                              Follow Annuity Option Table

L-8824

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                              Certificate Schedule

Certificate Number:         KI10000000   Issue Date:               June 1, 2002

Initial Purchase Payment:   $10,000.00   Type of Certificate       Nonqualified

Owner:                      John Doe

Owner Date of Birth:        02/05/67

Joint Owner:                Mary Doe

Joint Owner Date of Birth:  05/02/67

Annuitant:                  John Doe

Annuitant Gender:           Male           Annuitant Date of Birth: 02/05/67

Joint Annuitant:            Mary Doe

Joint Annuitant Gender:     Female   Joint Annuitant Date of Birth: 05/02/67

Representative:             Richard Smith
                            ABC Agency Inc.

8824

<PAGE>

                              Certificate Schedule

Annuity Date:         June 1, 2021

Maximum Annuity Date: Later of the original youngest annuitant's 91st birthday
                      or 10 years from issue.

Minimum Annuity Date: The minimum annuity date is two years from the issue date.

[Date of Continuance: NA]

Optional Enhanced
 Death Benefit rider: Option 1      Yes
                      Option 2      Not Selected

Guaranteed Roll-up Death Benefit Interest Rate:
     Class 1 Accumulations Options      0.00%
     Class 2 Accumulation Options       5.00%

Beneficiary(ies):
     Primary:         James Doe
    [Contingent:      Jane Doe]

8824

<PAGE>

                              Certificate Schedule

<TABLE>
<CAPTION>
Initial Purchase Payment Allocation:       Allocation   Initial Annual Effective
                                           Percentage        Interest Rates*
                                           ----------   ------------------------
<S>                                        <C>          <C>
Fixed Account
1 Year Guarantee Period Account               2 %                 5.25%
Scudder Capital Growth                        2 %                 5.35%
Scudder International                         2 %
SVS Growth and Income                         2 %
Scudder Global Blue Chip                      2 %
SVS Dynamic Growth                            2 %
Scudder Contrarian Value                      2 %
Scudder Blue Chip                             2 %
SVS Focus Value+Growth                        2 %
Scudder Aggressive Growth                     2 %
Scudder Growth and Income                     2 %
Scudder High Yield                            2 %
Scudder Total Return                          2 %
SVS Venture Value                             2 %
Scudder Investment Grade Bond                 2 %
Scudder Government Securities                 34%
Money Market 1                                32%
</TABLE>

* Additional amounts may be credited under a dollar cost averaging program.

8824

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                              Certificate Schedule

Class 1 Accumulation Options:

Fixed Accumulation Option
-------------------------
Fixed Account

Market Value Adjustment options:
--------------------------------
1 Year Guarantee Period Account     6 Year Guarantee Period Account
2 Year Guarantee Period Account     7 Year Guarantee Period Account
3 Year Guarantee Period Account     8 Year Guarantee Period Account
4 Year Guarantee Period Account     9 Year Guarantee Period Account
5 Year Guarantee Period Account    10 Year Guarantee Period Account

Variable Subaccount options available on Issue Date:
----------------------------------------------------
Scudder Money Market I
Scudder Money Market II

8824

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                              Certificate Schedule

Class 2 Accumulation Options:

Fixed Accumulation Option
-------------------------
None

Market Value Adjustment options:
--------------------------------
None

Variable Subaccount options available on Issue Date:
----------------------------------------------------
Alger American Balanced
Alger American Leveraged All Cap
CS Emerging Markets
CS Global Post-Venture Capital
Dreyfus Socially Responsible Fund
Dreyfus VIF Midcap Stock
Scudder 21st Century Growth
Scudder Capital Growth
Scudder Global Discovery
Scudder Growth and Income
Scudder Health Sciences
Scudder International
Scudder Aggressive Growth
Scudder Blue Chip
Scudder Contrarian Value
Scudder Global Blue Chip
Scudder Government Securities
Scudder Growth
Scudder High Yield
Scudder International Select Equity
Scudder Investment Grade Bond
Scudder Small Cap Growth
Scudder Small Cap Value
Scudder Technology Growth
Scudder Total Return
SVS Dreman Financial Services
SVS Dreman High Return Equity
SVS Dynamic Growth (Invesco)
SVS Focus Value+Growth
SVS Focused Large Cap Growth
SVS Growth And Income
SVS Growth Opportunities
SVS Index 500
SVS Mid-Cap Growth
SVS Strategic Equity
SVS Venture Value
SVS Dreman Small Cap Value
SVS MFS Strategic Value

8824

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                              Certificate Schedule

Minimum Initial Purchase Payment                 [Non-Qualified $10,000]
                                                 [Qualified $2,000]

Minimum Subsequent Purchase Payment:             [$500 for nonqualified
                                                 certificates, $50 for all other
                                                 certificate types]
                                                 [$100 if using Systematic
                                                 Accumulation Plan]

Maximum Total Purchase Payments:                 [$1,000,000]

Minimum Initial Account Allocation:              [$500 for each subaccount,
                                                 fixed account or each GPA.]

Minimum Subsequent Account Allocation:           [$50 for each subaccount or
                                                 fixed account. $500 for each
                                                 GPA.]

Minimum Certificate Value
  after a Partial Withdrawal:                    [$5,000]

                            Withdrawal Charge Table

<TABLE>
<CAPTION>
Years elapsed since purchase
    Payment was received                    Withdrawal Charge
<S>                                         <C>
----------------------------                -----------------
  Less than one                                    7%
  One but less than two                            8%
  Two but less than three                          5%
  Three but less than four                         4%
  Four or more                                     0%
</TABLE>

For purposes of determining the withdrawal charge, the first year will elapse on
the last day of the Certificate Year in which the Purchase Payment was received.
Subsequent years will elapse on the last day of each subsequent Certificate
Year.

Free Withdrawal Allowance:

The Free Withdrawal Allowance is an amount that may be withdrawn each
Certificate Year without a withdrawal charge. This amount is calculated on the
Issue Date and each Certificate Anniversary and is equal to 10% of remaining
Purchase Payments subject to a withdrawal charge. On each Certificate
Anniversary remaining Purchase Payments subject to a withdrawal charge are
increased by Purchase Payments made and decreased by Purchase Payments withdrawn
and applicable withdrawal charges since the last Certificate Anniversary. During
the Certificate Year the Free Withdrawal Allowance is reduced by withdrawals
from the Free Withdrawal Allowance and increased by 10% of Purchase Payments
made since the last Certificate Anniversary.

8824

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                              Certificate Schedule

Fixed Account

     A fixed account will be available for purchase payments and transfers of
     existing values. For premiums and transfers allocated to the fixed account,
     the initial interest rate is guaranteed through the end of the calendar
     month in which the purchase payment or transfer was made and for 12
     additional calendar months thereafter. Subsequent fixed account interest
     rates are guaranteed for 12 calendar months.

     The interest rate will never be less than the minimum guaranteed interest
     rate.

     Minimum guaranteed interest rate:                   3.00%

Charges

Mortality and Expense Risk charge:                  [1.55%]

Administration charge:                              [0.15%]

The above annual charges will be assessed as a daily percentage on the Separate
Account Certificate Value.

[Optional Enhanced Death Benefit rider charge:]     Option 1    [0.20%]
                                                    Option 2    [0.35%]

The Optional Enhanced Death Benefit rider charge applies to the Class 2
accumulation options. This charge does not apply to the Class 1 accumulation
options.

Records Maintenance Charge:                         [$30] per contract year

     We will assess an annual records maintenance charge on each Certificate
     Anniversary and upon total withdrawal. However, if the Certificate Value is
     greater than or equal to [$50,000] on a Certificate Anniversary or date of
     total withdrawal, we will not assess the records maintenance charge on that
     Certificate Anniversary or date of total withdrawal. We will not assess
     this charge after the Annuity Date.

8824

<PAGE>

                              Certificate Schedule

Market Value Adjustment Formula

         The Market Value Adjustment is determined by the application of the
         following formula:

         Market Value Adjustment
         = Guarantee Period Value x [[(l+I)/(1+J)]/T/365/-1]

         Where,

         I is the guaranteed interest rate being credited to the Guarantee
         Period Value subject to the Market Value Adjustment.

         J is the current interest rate declared by the Company as of the
         effective date of the application of the Market Value Adjustment, for
         current allocation to a Guarantee Period, the length of which is equal
         to the balance of the Guarantee Period for the Guarantee Period Value
         subject to the Market Value Adjustment, rounded to the next lower
         number of complete years.

         T is the number of days remaining in the Guarantee Period.

<PAGE>

DEFINITIONS

ACCUMULATED GUARANTEE PERIOD VALUE - The sum of the Guarantee Period Values.

ACCUMULATION PERIOD - The period between the Issue Date and the Annuity Date.

ACCUMULATION UNIT - An accounting unit of measure used to calculate the value of
each Subaccount. Each Subaccount will have an Accumulation Unit for each
combination of charges.

ADMINISTRATION CHARGE - A charge deducted in the calculation of the Accumulation
Unit value and the Annuity Unit value for a portion of Our administrative costs.

AGE - The attained age.

ANNIVERSARY VALUE - The Certificate Value calculated on each Certificate
Anniversary during the Accumulation Period.

ANNUITANT - The person during whose lifetime the Annuity is to be paid. Joint
Annuitants may be named under Non-qualified Certificates and any reference to
Annuitant shall include joint Annuitants.

ANNUITY - A series of payments paid in accordance with this Certificate which
begin on the Annuity Date.

ANNUITY DATE - The date on which this Certificate matures and Annuity payments
begin. The original Annuity Date is stated in the Certificate Schedule.

ANNUITY PERIOD - The period that starts on the Annuity Date.

ANNUITY UNIT - An accounting unit of measure used to calculate the amount of
Variable Annuity payments after the first Annuity payment.

CERTIFICATE - An individual Certificate which We issue to You as evidence of the
rights and benefits under the Master Policy.

CERTIFICATE ANNIVERSARY - An anniversary of the Issue Date.

CERTIFICATE OWNER, OR OWNER - See "You, Your, Yours" below.

CERTIFICATE VALUE - The sum of the Fixed Account Certificate Value plus the
Separate Account Certificate Value plus the Accumulated Guarantee Period Value.

CERTIFICATE YEAR - A one year period starting on the Issue Date and successive
Certificate Anniversaries.

DEBT - The principal of any outstanding loan plus any accrued interest. Loans
are available under certain Qualified Plans.

FIXED ACCOUNT - The General Account of KILICO to which an Owner may allocate all
or a portion of Purchase Payments or Certificate Value.

FIXED ACCOUNT CERTIFICATE VALUE - The value of amounts allocated under the
Certificate to the Fixed Account.

FIXED ANNUITY - An Annuity payment plan that does not vary as to dollar amount
with investment experience.

FREE WITHDRAWAL ALLOWANCE - Amount of Purchase Payments subject to a withdrawal
charge that may be withdrawn each Certificate Year without incurring a
withdrawal charge as described in the Certificate Schedule.

FUND - An investment company or separate series thereof, in which the
Subaccounts of the Separate Account invest.

GENERAL ACCOUNT - Our assets other than those allocated to the Separate Account,
the non-unitized separate account or any other separate account.

L-8824                                                                    Page 1

<PAGE>

DEFINITIONS (continued)

GUARANTEE PERIOD - A period of time during which an amount is to be credited
with a guaranteed interest rate, subject to a Market Value Adjustment prior to
the end of the Guarantee Period. The Guarantee Periods initially offered are
stated in the Certificate Schedule.

GUARANTEE PERIOD VALUE - The (1) Purchase Payments allocated or amounts
transferred to a Guarantee Period; plus (2) interest credited; minus (3)
withdrawals, previously assessed withdrawal charges and transfers; adjusted for
(4) any applicable Market Value Adjustment previously made.

ISSUE DATE - The Issue Date stated in the Certificate Schedule.

MARKET ADJUSTED VALUE - A Guarantee Period Value adjusted by the Market Value
Adjustment formula prior to the end of a Guarantee Period.

MARKET VALUE ADJUSTMENT - An adjustment of Guarantee Period Values in accordance
with the Market Value Adjustment formula prior to the end of the Guarantee
Period. The adjustment reflects the change in the value of the Guarantee Period
Value due to changes in interest rates since the date the Guarantee Period
commenced. The Market Value Adjustment formula is stated in the Certificate
Schedule.

MORTALITY AND EXPENSE RISK CHARGE - A charge deducted in the calculation of the
Accumulation Unit value and the Annuity Unit value. It is for Our assumption of
mortality risks and expense guarantees. This charge is shown in the Certificate
Schedule.

NONQUALIFIED - This Certificate issued other than as a Qualified Plan.

PAYEE - A recipient of periodic payments under the Certificate.

PURCHASE PAYMENTS - The dollar amount We receive in U.S. currency to buy the
benefits this Certificate provides.

QUALIFIED PLAN - A Certificate issued under a retirement plan which qualifies
for favorable income tax treatment under Section 401, 403, 408, 408A, or 457 of
the Internal Revenue Code as amended.

If this Certificate is issued under a Qualified Plan additional provisions may
apply. The rider or amendment to this Certificate used to qualify it under the
applicable section of the Internal Revenue Code will indicate the extent of
change in the provisions.

RECORDS MAINTENANCE CHARGE - A charge assessed against Your Certificate as
specified in the Certificate Schedule.

SEPARATE ACCOUNT - A unit investment trust registered with the Securities and
Exchange Commission under the Investment Company Act of 1940 known as the KILICO
Variable Annuity Separate Account.

SEPARATE ACCOUNT CERTIFICATE VALUE - The sum of the Subaccount Values of this
Certificate on a Valuation Date.

SUBACCOUNTS - The subdivisions of the Separate Account, the assets of which
consist solely of shares of the corresponding Fund portfolio.

SUBACCOUNT VALUE - The value of Your interest in each Subaccount.

VALUATION DATE - Each business day that applicable law requires that We value
the assets of the Separate Account. Currently this is each day that the New York
Stock Exchange is open for trading.

VALUATION PERIOD - The period that starts at the close of a Valuation Date and
ends at the close of the next succeeding Valuation Date.

L-8824                                                                    Page 2

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DEFINITIONS (continued)

VARIABLE ANNUITY - An Annuity payment plan which varies as to dollar amount
because of Subaccount investment experience.

WE, OUR, US - Kemper Investors Life Insurance Company, Schaumburg, Illinois.

YOU, YOUR, YOURS - The party(s) named as Owner unless later changed as provided
in this Certificate. Under a Nonqualified Certificate when more than one person
is named as Owner, the terms "You," "Your," "Yours," means joint Owners. The
Owner may be changed during the lifetime of the Owner and prior to the Annuity
Date. The Owner, prior to distribution of any death benefit, has the exclusive
right to exercise every option and right conferred by this Certificate.

GENERAL PROVISIONS

The Entire Contract            The Master Policy, Master Policy Application, any
                               written application attached to the Certificate,
                               and any endorsements and riders constitute the
                               entire contract between the parties.

Modification of Contract       Only Our president, secretary and assistant
                               secretaries have the power to approve a change or
                               waive any provisions of the Master Policy or this
                               Certificate. Any such modifications must be in
                               writing. No agent or person other than the
                               officers named has the authority to change or
                               waive the provisions of the Master Policy or this
                               Certificate.

                               Upon notice to You, this Certificate may be
                               modified by Us as is necessary to comply with any
                               law or regulation issued by a governmental agency
                               to which We or the Separate Account is subject
                               or as is necessary to assure continued
                               qualification of this Certificate under the
                               Internal Revenue Code or other laws relating to
                               retirement plans or annuities or as otherwise may
                               be in Your best interest. In the event of a
                               modification, We may make appropriate endorsement
                               to this Certificate and We will obtain all
                               required regulatory approvals.

Certificates                   We will issue an individual Certificate to each
                               Owner as evidence of his or her rights and
                               benefits under the Master Policy.

Incontestability               We cannot contest this Certificate after it has
                               been in force for two years from the Issue Date.

Change of Annuity Date         You may write to Us prior to the death of an
                               Owner and the first Annuity payment date and
                               request a change of the Annuity Date. The new
                               Annuity Date must not be earlier than the minimum
                               Annuity Date or beyond the maximum Annuity Date
                               stated in the Certificate Schedule.

Assignment                     No assignment under this Certificate is binding
                               unless We receive it in writing. We assume no
                               responsibility for the validity or sufficiency of
                               any assignment. The rights of the Owner,
                               Annuitant and beneficiary are subject to the
                               assignment after it has been recorded by Us. Any
                               claim is subject to proof of interest of the
                               assignee.

Due Proof of Death             We must receive written proof of death of the
                               Owner when a death benefit is payable. The proof
                               may be a certified death certificate, or any
                               other proof satisfactory to Us.

Reserves, Certificate          All reserves are equal to or greater than those
Values and Death Benefits      required by statute. Any available Certificate
                               Value and death benefit are not less than the
                               minimum benefits required by the statutes of the
                               state in which the Certificate is delivered.

Non-Participating              This Certificate does not pay dividends. It will
                               not share in Our surplus or earnings.

Reports                        At least once each Certificate Year We will send
                               You a statement showing Purchase Payments
                               received, interest credited, investment
                               experience, and charges made since the last
                               report, as well as any other information required
                               by statute.

L-8824                                                                    Page 3

<PAGE>

GENERAL PROVISIONS (continued)

Premium Taxes                  We will make a deduction for state premium taxes
                               in certain situations. On any Certificate subject
                               to premium tax, as provided under applicable law,
                               the tax will be deducted from: a. the Purchase
                               Payments when We receive them; b. the Certificate
                               Value upon total withdrawal; or c. from the total
                               Certificate Value applied to any Annuity option
                               at the time Annuity payments start. In no event
                               will an amount be deducted for premium taxes
                               before the Company has incurred a tax liability
                               under applicable state law.

Creditors                      The proceeds of this Certificate and any payment
                               under an Annuity option will be exempt from the
                               claims of creditors and from legal process to the
                               extent permitted by law.

OWNER, BENEFICIARY AND ANNUITANT PROVISIONS

Owner                          Before the Annuity Date and prior to the death of
                               an Owner, You may exercise every option and right
                               conferred by this Certificate including the right
                               of assignment. The joint Owners must agree to the
                               exercise of any option or right if more than one
                               Owner is named.

Change of Ownership            You may change the Certificate Owner by written
                               request before the Annuity Date and prior to the
                               death of an Owner. You must furnish information
                               sufficient to clearly identify the new Owner to
                               Us. The change is subject to any existing
                               assignment of this Certificate. After We receive
                               the change, it will take effect on the date the
                               written notice is signed. However, any action
                               taken by Us before the change is recorded by Us
                               remains in effect. Any change is subject to the
                               payment of any proceeds. We may require You to
                               return this Certificate to Us for endorsement of
                               a change.

Beneficiary Designation and    The beneficiary initially designated is shown in
Change of Beneficiary          the Certificate Schedule. In the case of joint
                               owners, the surviving joint Owner is
                               automatically the primary beneficiary of any
                               death benefit resulting from the death of a joint
                               Owner. You may change the beneficiary if You send
                               Us written notice in a form acceptable to Us.
                               Changes are subject to the following conditions:

                               1.  Prior to the Annuity Date the change must be
                                   filed while You are alive;

                               2.  After the Annuity Date the change must be
                                   filed while You and the Annuitant(s) are
                                   alive;

                               3.  This Certificate must be in force at the time
                                   You file a change;

                               4.  Such change must not be prohibited by the
                                   terms of an existing assignment, beneficiary
                                   designation or other restriction;

                               5.  After We receive the change, it will take
                                   effect on the date the written notice was
                                   signed. However, any action taken by Us
                                   before the change form is recorded by Us will
                                   remain in effect;

                               6.  The request for change must provide
                                   information sufficient to identify the new
                                   beneficiary; and

                               7.  In the case of joint Owners, the designation
                                   of a beneficiary other than the surviving
                                   joint Owner(s) will be deemed to be a
                                   contingent beneficiary(s).

                               We may require You to return this Certificate to
                               Us for endorsement of a change.

Death of Beneficiary           The interest of a beneficiary who dies before the
                               distribution of the death benefit will pass to
                               the other beneficiaries, if any, share and share
                               alike, unless otherwise provided in the
                               beneficiary designation. If no beneficiary
                               survives or is named, the distribution will be
                               made to Your estate when the You die.

L-8824                                                                    Page 4

<PAGE>

Annuitant

                               The initial Annuitant is shown in the Certificate
                               Schedule. Prior to the Annuity Date, an Annuitant
                               may be replaced or added unless the Owner is a
                               non-natural person. At all times there must be at
                               least one Annuitant. If the Annuitant dies, the
                               youngest Owner will become the new Annuitant
                               unless a new Annuitant is otherwise named. Upon
                               the death of an Annuitant prior to the Annuity
                               Date, a death benefit is not paid unless the
                               Owner is a non-natural person.

PURCHASE PAYMENT PROVISIONS

Purchase Payment               The Minimum Initial Purchase Payment, subsequent
Limitations                    Purchase Payment, and maximum total Purchase
                               Payment limits are shown in the Certificate
                               Schedule.

                               The minimum initial allocation or transfer to a
                               Guarantee Period, Fixed Account, or to a
                               Subaccount is shown in the Certificate Schedule.

                               We reserve the right to waive or modify these
                               limits and to aggregate multiple Certificates
                               with the same Owner and/or Annuitants in applying
                               these limits. We also reserve the right to not
                               accept any Purchase Payment.

Place of Payment               All Purchase Payments under this Certificate must
                               be paid to Us at Our home office or such other
                               location as We may select. We will notify You and
                               any other interested parties in writing of such
                               other locations. Purchase Payments received by an
                               agent will not be considered received by Us.

FIXED ACCOUNT PROVISIONS

Fixed Account                  The Fixed Account Certificate Value includes:
Certificate Value
                               1.  Your Purchase Payments allocated to the Fixed
                                   Account; plus

                               2.  amounts transferred to the Fixed Account;
                                   plus

                               3.  interest credited; minus

                               4.  withdrawals, previously assessed withdrawal
                                   charges and transfers from the Fixed Account,
                                   minus

                               5.  any applicable portion of the Records
                                   Maintenance Charge.

                               The initial Fixed Account interest rate credited
                               to the initial Purchase Payment is shown in the
                               Certificate Schedule and is in effect through the
                               period also shown in the Certificate Schedule. We
                               will declare the Fixed Account interest rate
                               applicable to the initial Purchase Payment for
                               each subsequent interest rate period at the
                               beginning of each subsequent interest rate period
                               shown in the Certificate Schedule.

                               We will declare the Fixed Account interest rate
                               with respect to each subsequent Purchase Payment
                               or transfer received. Any such Purchase Payment
                               or transfer We receive will be credited that rate
                               through the end of the interest rate period shown
                               in the Certificate Schedule. We will declare the
                               Fixed Account interest rate applicable to each
                               subsequent Purchase Payment or transfer for each
                               subsequent interest rate period at the beginning
                               of each subsequent interest rate period.

                               We reserve the right to declare the Fixed Account
                               current interest rate(s) based upon the Issue
                               Date, the date We receive a Purchase Payment or
                               the date of account transfer.

                               We calculate the interest credited to the Fixed
                               Account by compounding daily, at daily interest
                               rates, rates that would produce at the end of 12
                               months a result identical to the one produced by
                               applying an annual interest rate.

                               The minimum guaranteed Fixed Account interest
                               rate is shown in the Certificate Schedule.

L-8824                                                                    Page 5

<PAGE>

GUARANTEE PERIOD PROVISIONS

Guarantee Period               We hold all amounts allocated to a Guarantee
                               Period in a non-unitized separate account. The
                               non-unitized separate account may also hold
                               amounts from other contracts and certificates we
                               issue. The assets of this separate account equal
                               to the reserves and other liabilities of this
                               separate account will not be charged with
                               liabilities arising out of any other business we
                               may conduct. The initial Guarantee Periods
                               available under this Certificate are shown in the
                               Certificate Schedule.

Guarantee Period Value         On any Valuation Date, the Guarantee Period Value
                               includes:

                               1.  Your Purchase Payments allocated to the
                                   Guarantee Period; plus

                               2.  amounts transferred to the Guarantee Period;
                                   plus

                               3.  interest credited; minus

                               4.  withdrawals, previously assessed withdrawal
                                   charges and transfers from the Guarantee
                                   Period; minus

                               5.  any applicable portion of the Records
                                   Maintenance Charge; adjusted for

                               6.  any applicable Market Value Adjustment
                                   previously made.

                               The Guarantee Period(s) initially elected and the
                               interest rate(s) initially credited are shown in
                               the Certificate Schedule. The initial interest
                               rate credited to subsequent Purchase Payments or
                               transfers will be declared at the time the
                               payment is received. At the end of a Guarantee
                               Period, We will declare a guaranteed interest
                               rate applicable for the next subsequent Guarantee
                               Period.

                               We calculate the interest credited to the
                               Guarantee Period Value by compounding daily, at
                               daily interest rates, rates which would produce
                               at the end of 12 months a result identical to the
                               one produced by applying an annual interest rate.

Market Value                   The Market Value Adjustment formula is stated in
Adjustment                     the Certificate Schedule. This formula is
                               applicable for both an upward and downward
                               adjustment to a Guarantee Period Value when,
                               prior to the end of a Guarantee Period, such
                               value is:

                               1.  taken as a total or partial withdrawal;

                               2.  applied to purchase an Annuity option; or

                               3.  transferred to another Guarantee Period, the
                                   Fixed Account, or a Subaccount.

                               However, a Market Value Adjustment will not be
                               applied to any Guarantee Period Value transaction
                               effected within 30 days after the end of the
                               applicable Guarantee Period.

VARIABLE ACCOUNT PROVISIONS

Separate Account               The variable benefits under this Certificate are
                               provided through the KILICO Variable Annuity
                               Separate Account. The Separate Account is
                               registered with the Securities and Exchange
                               Commission as a unit investment trust under the
                               Investment Company Act of 1940. It is a separate
                               investment account maintained by Us into which a
                               portion of Our assets has been allocated for this
                               Certificate and may be allocated for certain
                               other contracts and certificates we issue.

Liabilities of the             The assets equal to the reserves and other
Separate Account               liabilities of the Separate Account will not be
                               charged with liabilities arising out of any other
                               business We may conduct. We will value the assets
                               of the Separate Account on each Valuation Date.

Subaccounts                    The Separate Account consists of multiple
                               Subaccounts. We may from time to time, combine or
                               remove Subaccounts in the Separate Account and
                               establish additional Subaccounts of the Separate
                               Account. In such event, We may permit You to
                               select other Subaccounts under the Certificate.
                               However, the right to select any other Subaccount
                               is limited by the terms and conditions We may
                               impose on such transactions.

L-8824                                                                    Page 6

<PAGE>

VARIABLE ACCOUNT PROVISIONS (continued)

Fund                           Each Subaccount of the Separate Account will buy
                               shares of a Fund or a separate series of a Fund.
                               Each Fund is registered under the Investment
                               Company Act of 1940 as an open-end diversified
                               management investment company. Each series of a
                               Fund represents a separate investment portfolio
                               which corresponds to one of the Subaccounis of
                               the Separate Account.

                               If We establish additional Subaccounts, each new
                               Subaccount will invest in a new series of a Fund
                               or in shares of another investment company. We
                               may also substitute other investment companies.

Rights Reserved by             We reserve the right, subject to compliance with
the Company                    the current law or as it may be changed in the
                               future:

                               1.  To operate the Separate Account in any form
                                   permitted under the Investment Company Act of
                                   1940 or in any other form permitted by law;

                               2.  To take any action necessary to comply with
                                   or obtain and continue any exemptions from
                                   the Investment Company Act of 1940 or to
                                   comply with any other applicable law;

                               3.  To transfer any assets in any Subaccount to
                                   another Subaccount or to one or more Separate
                                   Accounts, or the General Account, or to add,
                                   combine or remove Subaccounts in the Separate
                                   Account;

                               4.  To delete the shares of any of the portfolios
                                   of a Fund or any other open-end investment
                                   company and to substitute, for the Fund
                                   shares held in any Subaccount, the shares of
                                   another portfolio of a Fund or the shares of
                                   another investment company or any other
                                   investment permitted by law; and

                               5.  To change the way We assess charges, but not
                                   to increase the aggregate amount above that
                                   currently charged to the Separate Account and
                                   the Funds in connection with this
                                   Certificate.

                               When required by law, We will obtain Your
                               approval of such changes and the approval of any
                               regulatory authority.

Accumulation Unit Value        Each Subaccount has an Accumulation Unit value
                               for each combination of charges. When Purchase
                               Payments or other amounts are allocated to a
                               Subaccount, a number of units are purchased based
                               on the relevant Accumulation Unit value of the
                               Subaccount at the end of the Valuation Period
                               during which the allocation is made. When amounts
                               are transferred out of or deducted from a
                               Subaccount, units are redeemed in a similar
                               manner. The value of a Subaccount on any
                               Valuation Date is the number of units held in
                               the Subaccount times the relevant Accumulation
                               Unit value on that Valuation Date.

                               An Accumulation Unit value for each subsequent
                               Valuation Period is the relevant investment
                               experience factor for that period multiplied by
                               the Accumulation Unit value for the period
                               immediately preceding. The Accumulation Unit
                               values for each Valuation Period are applied to
                               each day in a Valuation Period. The number of
                               Accumulation Units will not change as a result of
                               investment experience; however, adding, deleting
                               or modifying a rider for this Certificate will
                               result in a change in the number of Accumulation
                               Units.

Investment Experience          Each Subaccount has an investment experience
Factor                         factor for each combination of charges. The
                               investment experience factor of a Subaccount for
                               a combination of charges for a Valuation Period
                               is determined by dividing 1. by 2. and
                               subtracting 3. from the result, where:

                               1.  is the net result of:

                                   a.  the net asset value per share of the
                                       investment held in the Subaccount
                                       determined at the end of the current
                                       Valuation Period; plus

                                   b.  the per share amount of any dividend or
                                       capital gain distributions made by the
                                       investments held in the Subaccount, if
                                       the "ex-dividend" date occurs during the
                                       current Valuation Period; plus or minus

                                   c.  a credit or charge for any taxes reserved
                                       for the current Valuation Period which We
                                       determine resulted from the investment
                                       operations of the Subaccount;

                               2.  is the net asset value per share of the
                                   investment held in the Subaccount, determined
                                   at the end of the last Valuation Period;

                               3.  is the factor representing the sum of the
                                   Separate Account charges currently applicable
                                   for the number of days in the Valuation
                                   Period.

L-8824                                                                    Page 7

<PAGE>

TRANSFER AND WITHDRAWAL PROVISIONS

Transfers During the           Transfers may be made among the Subaccounts,
Accumulation Period            Guarantee Periods and the Fixed Account subject
                               to the following conditions:

                               1.  The minimum amount which may be transferred
                                   is the Minimum Subsequent Account Allocation
                                   stated in the Certificate Schedule or, if
                                   smaller, the remaining value in the Fixed
                                   Account or a Subaccount or Guarantee Period.

                               2.  No partial transfer will be made if the
                                   remaining value of the Fixed Account,
                                   Subaccount, or Guarantee Period will be less
                                   than the Minimum Initial Account Allocation
                                   stated in the Certificate Schedule.

                               3.  No transfer may be made within seven calendar
                                   days of the date on which the first Annuity
                                   payment is due.

                               4.  We reserve the right to impose a 15 calendar
                                   day waiting period between transfers for any
                                   transfer in excess of 12 in a Certificate
                                   Year.

                               5.  We reserve the right to assess a $10.00
                                   charge for each transfer in excess of 12 in a
                                   Certificate Year.

                               6.  Any transfer from a Guarantee Period is
                                   subject to a Market Value Adjustment unless
                                   the transfer is effected within thirty days
                                   after the end of the applicable Guarantee
                                   Period.

                               Any transfer request must clearly specify:

                               1.  the amount which is to be transferred; and

                               2.  the names of the accounts which are affected.

                               For the Fixed Account and Guarantee Period
                               accounts, We will transfer Purchase Payments and
                               all related accumulation received in a given
                               Certificate Year, in the chronological order We
                               receive them.

                               We reserve the right at any time and without
                               notice to any party, to terminate, suspend, or
                               modify these transfer rights.

Withdrawals During the         During the Accumulation Period, You may withdraw
Accumulation Period            all or part of the Certificate Value reduced by
                               any withdrawal charge, Debt and applicable
                               premium taxes, and adjusted by any applicable
                               Market Value Adjustment.

                               Withdrawals are subject to all of the following
                               conditions:

                               1.  You must return the Certificate to Us if You
                                   elect a total withdrawal.

                               2.  Each withdrawal must be at least $500 or the
                                   value that remains in the Fixed Account,
                                   Subaccount or Guarantee Period if smaller.

                               3.  The Minimum Subsequent Account Allocation
                                   stated in the Certificate Schedule must
                                   remain in the account after You make a
                                   withdrawal unless the account is eliminated
                                   by such withdrawal.

                               4.  We must receive a written request that
                                   indicates the amount of the withdrawal from
                                   the Fixed Account and each Subaccount and
                                   Guarantee Period.

                               5.  Withdrawals will reduce each investment
                                   option on a proportional basis unless You
                                   direct Us otherwise.

                               6.  Withdrawals will first reduce Your Purchase
                                   Payments in the chronological order in which
                                   they were received and then reduce any
                                   earnings.

                               7.  If a partial withdrawal would reduce the
                                   Certificate Value to less than the Minimum
                                   Certificate Value after a Partial Withdrawal
                                   stated in the Certificate Schedule, the
                                   partial withdrawal will be processed as a
                                   total withdrawal.

L-8824                                                                    Page 8

<PAGE>

TRANSFER AND WITHDRAWAL PROVISIONS (continued)

Withdrawal Charges             Withdrawal charges are shown in the Certificate
                               Schedule. For purposes of calculating Withdrawal
                               Charges, We will assume that amounts are
                               withdrawn in the following order:

                               1.  Purchase Payments no longer subject to a
                                   Withdrawal Charge,

                               2.  Free Withdrawal Allowance,

                               3.  Purchase Payments in chronological order in
                                   which they were received,

                               4.  Earnings.

Transfer and Withdrawal        We will withdraw or transfer from the Fixed
Procedures                     Account or Guarantee Periods as of the Valuation
                               Date that follows the date We receive the Owner's
                               written or telephone transfer request. To process
                               a withdrawal, the request must contain all
                               required information.

                               We will redeem the necessary number of
                               Accumulation Units to achieve the dollar amount
                               when the withdrawal or transfer is made from a
                               Subaccount. We will reduce the number of
                               Accumulation Units credited in each Subaccount by
                               the number of Accumulation Units redeemed. The
                               reduction in the number of Accumulation Units is
                               determined based on the Accumulation Unit value
                               at the end of the Valuation Period when We
                               receive the request, provided the request
                               contains all required information. We will pay
                               the withdrawal amount within seven calendar days
                               after the date We receive the request, except as
                               provided below.

Deferment of Withdrawal        If the withdrawal or transfer is to be made from
or Transfer                    a Subaccount, We may suspend the right of
                               withdrawal or transfer or delay payment more than
                               seven calendar days:

                               1.  during any period when the New York Stock
                                   Exchange is closed other than customary
                                   weekend and holiday closings;

                               2.  when trading in the markets normally utilized
                                   is restricted, or an emergency exists as
                                   determined by the Securities and Exchange
                                   Commission, so that disposal of investments
                                   or determination of the Accumulation Unit
                                   value is not practical; or

                               3.  for such other periods as the Securities and
                                   Exchange Commission by order may permit for
                                   protection of Owners.

                               We may defer the payment of a withdrawal or
                               transfer from the Fixed Account or Guarantee
                               Periods, for the period permitted by law. This
                               can never be more than six months after the Owner
                               sends Us a written request. During the period of
                               deferral, We will continue to credit interest, at
                               the then current interest rate(s), to the Fixed
                               Account Certificate Value and/or each Guarantee
                               Period Value.

DEATH BENEFIT PROVISIONS

Amount Payable                 When a death benefit is payable We will pay the
Upon Death                     greater of 1. or 2. below, less Debt.

                               1.  the Certificate Value, excluding any negative
                                   but including any positive market value
                                   adjustment.

                               2.  the total amounts of purchase payments, less
                                   previous Purchase Payments withdrawn and
                                   withdrawal charges.

                               We compute the Certificate Value at the end of
                               the Valuation Period following our receipt of due
                               proof of death and the return of this
                               Certificate. We compute 2. above as of Your date
                               of death.

Payment of Death               A death benefit will be paid to the beneficiary
Benefits During the            upon the death of the Owner, or a joint Owner,
Accumulation Period            during the Accumulation Period. If the
                               Certificate Owner is a non-natural person, a
                               death benefit will be paid to the beneficiary
                               upon the death of an Annuitant prior to the
                               Annuity Date.

                               We will pay the death benefit to the beneficiary
                               after We receive due proof of death. We will then
                               have no further obligation under this
                               Certificate.

L-8824                                                                    Page 9

<PAGE>

DEATH BENEFIT PROVISIONS (continued)

                               The entire interest in this Certificate must be
                               distributed within five years from the date of
                               death unless it is applied under an Annuity
                               Option or the spouse continues this Certificate
                               as described below.

                               The beneficiary may elect to have the death
                               benefit be distributed as stated in Annuity
                               Period Provisions Option 1 provided the
                               beneficiary's life expectancy is not less than
                               10 years; or Options 2 or 3 as described in the
                               Annuity Period Provisions of this Certificate,
                               based on the life expectancy of the beneficiary
                               as prescribed by federal regulations unless You
                               have restricted the right to make such an
                               election. The beneficiary must make this choice
                               within sixty days of the time We receive due
                               proof of death, and distributions must commence
                               within one year of the date of death.

                               If the beneficiary is a non-natural person, the
                               beneficiary must elect that the entire death
                               benefit be distributed within five years of the
                               date of death.

Spousal Continuation           If this Certificate was issued as a Nonqualified
                               Plan or an Individual Retirement Annuity ("IRA")
                               and Your spouse is the primary beneficiary when
                               You die, Your surviving spouse may elect to be
                               the successor Owner of this Certificate. This is
                               known as a Spousal Continuation. In such a case,
                               no death benefit will be payable upon your death.

                               Upon Your death, Your surviving spouse may
                               continue this Certificate thereby waiving claim
                               to the death benefit otherwise payable. Electing
                               to continue this Certificate under the Spousal
                               Continuation provision of this Certificate will
                               affect how the charges and benefits under this
                               Certificate and applicable endorsements are
                               calculated or determined.

                               If a Spousal Continuation is elected, the
                               Certificate Value will be adjusted to equal the
                               amount otherwise payable as a death benefit under
                               this Certificate subject to the following:

                               A.  The Certificate Value will be adjusted to
                                   equal the amount of the death benefit. If the
                                   death benefit otherwise payable exceeds the
                                   Certificate Value one day prior to the date
                                   of continuance, such excess will be credited
                                   to the money market Subaccount listed in the
                                   Certificate Schedule. This amount may
                                   subsequently be transferred from the money
                                   market Subaccount to other options under this
                                   Certificate.

                               B.  Upon the death of Your surviving spouse
                                   before the Annuity Date, the amount of the
                                   death benefit payable will be determined as
                                   if: (1) the Certificate was issued on the
                                   date of continuance; (2) the Certificate
                                   Value applied on the date of continuance
                                   resulted from our receipt of an initial
                                   Purchase Payment,

                               C.  Withdrawal charges will not apply to
                                   withdrawals made from the Certificate Value
                                   credited on the date of continuance.
                                   Withdrawal Charges will apply to Purchase
                                   Payments made after the date of continuance.

                               D.  This Certificate may not be continued under a
                                   subsequent Spousal Continuation.

                               We may make certain riders available to the
                               surviving spouse at the time of continuance.

ANNUITY PERIOD PROVISIONS

Annuity Options                You may annuitize this Certificate under one of
                               the following Annuity options:

Option 1                       We will make monthly payments for 10 years.
Fixed Installment Annuity

Option 2                       We will make monthly payments while the Annuitant
Life Annuity                   is alive.

Option 3                       We will make monthly payments for a 10 year
Life Annuity with              certain period and thereafter while the Annuitant
Installments Guaranteed        is alive.

L-8824                                                                   Page 10

<PAGE>

ANNUITY PERIOD PROVISIONS (continued)

Option 4                       We will pay the full monthly income while both
Joint and                      Annuitant(s) are alive. Upon the death of either
Survivor Annuity               Annuitant, We will continue to pay a percentage
                               of the original monthly payment. The percentage
                               payable must be selected at the time the Annuity
                               option is chosen. The percentages available are
                               50%, 66 2/3%, 75% and 100%.

Option 5                       We will make monthly payments for a 10 year
Joint and Survivor             certain period and thereafter while the
Annuity with                   Annuitants are alive.
Installments Guaranteed

Other Options                  We may make other Annuity options available.

Commutability                  For annuitizations under the Fixed and Variable
                               Annuity options with a 10 year certain period,
                               You may elect a commutable Annuity option. You
                               must make this election prior to the Annuity
                               Date. Under the commutable Annuity option,
                               partial lump sum payments are available during
                               the certain period.

                               Lump sum payments are available once each year
                               following the Annuity Date and may not be elected
                               until 13 months after annuitization has started.

                               You may elect to receive a partial lump sum
                               payment of the present value of the remaining
                               payments in the period certain subject to the
                               restrictions described below. If a partial lump
                               sum payment is elected, the remaining payments in
                               the period certain will be reduced based on the
                               ratio of the amount of the partial withdrawal to
                               the amount of the present value of the remaining
                               installments in the period certain prior to the
                               withdrawal. If the Annuitant is living after the
                               period certain is over, payments will resume
                               without regard to any lump sum payments made
                               during the certain period.

                               Each time that a partial lump sum payment is
                               made, We will determine the percentage that the
                               payment represents of the present value of the
                               remaining installments in the period certain. The
                               sum of these percentages over the life of the
                               Certificate cannot exceed 75% for Nonqualified
                               Certificates, or 100% for Certificates issued
                               under a Qualified Plan.

                               In determining the amount of the lump sum payment
                               that is available, the present value of the
                               remaining installments in the certain period will
                               be calculated based on the applicable interest
                               rate.

                               For a Fixed Annuity option the applicable
                               interest rate is the greater of:

                               (a)  the ten year treasury constant maturity plus
                                    3%, and

                               (b)  the rate used to determine the initial
                                    payment plus 2%.

                               For a Variable Annuity option the applicable
                               interest rate is the assumed investment rate
                               plus 2%.

                               The amount of each payment for purposes of
                               determining the present value of any variable
                               installments will be the payment next scheduled
                               after the request for commutation is received.

                               The terms for the commutability of an Annuity
                               option under any Certificate rider are specified
                               in the rider.

Election of Annuity Option     We must receive an election of an Annuity option
                               in writing. You may make an election on or before
                               the Annuity Date provided the Annuitant is alive.

                               A subsequent change of beneficiary, or an
                               assignment of this Cenificate will revoke an
                               election unless the assignment provides
                               otherwise.

L-8824                                                                   Page 11

<PAGE>

ANNUITY PERIOD PROVISIONS (continued)

                               Upon election of an Annuity option, We agree to
                               pay the Owner on the payment due dates as stated
                               in the specifications page of the supplementary
                               agreement. The Owner may direct Us, in writing,
                               to make payments to another person. An option
                               cannot be changed after the first Annuity payment
                               is made. If the total Certificate Value is
                               applied under one of the Annuity options, this
                               Certificate must be surrendered to Us.

                               If an Annuity option is not elected by the
                               Annuity Date, an Annuity will be paid under
                               Option 3 if there is one Annuitant on the Annuity
                               Date and Option 5 if there are joint Annuitants
                               on the Annuity Date.

Electing a Fixed or            You may elect a Fixed Annuity, a Variable Annuity
Variable Annuity Option        or a combination of both. The portion of the
                               Certificate Value You elect to be paid as a Fixed
                               Annuity, if any, will be transferred to Our
                               General Account. We must receive your Fixed and
                               Variable allocation election in writing at least
                               seven days prior to the Annuity Date. If We do
                               not receive notification from You, all the
                               Certificate Value will be paid to You as a Fixed
                               Annuity.

                               If your allocation includes a Variable Annuity
                               payment, payments will reflect the investment
                               performance of the Subaccounts in accordance with
                               the allocation on the Annuity Date. Allocations
                               will not be changed thereafter, except as
                               provided in the Transfers Between Subaccounts
                               section.

                               Payments for all options are derived from the
                               applicable tables. Current Annuity rates will be
                               used if they produce greater payments than those
                               quoted in the Certificate. The age in the tables
                               is the Age of the Annuitant on the last birthday
                               before the first payment is due.

                               The option selected must result in a payment that
                               is at least equal to Our minimum payment,
                               according to Our rules, at the time the Annuity
                               option is chosen. If at any time the payment is
                               less than the minimum payment. We have the right
                               to increase the period between payments to
                               quarterly, semi-annual or annual so that the
                               payment is at least equal to the minimum payment
                               or to make payment in one lump sum.

Fixed Annuity                  The portion of the Certificate Value You
                               elected to have paid to you as a Fixed Annuity
                               less any withdrawal charge, charges for other
                               benefits, and Records Maintenance Charge will be
                               used to determine the Fixed Annuity monthly
                               payment in accordance with the Annuity option
                               selected. Any Accumulated Guarantee Period Values
                               will be adjusted for any applicable Market Value
                               Adjustment as well.

Variable Annuity               The portion of the Certificate Value You elect to
                               have paid to you as a Variable Annuity is first
                               reduced by any withdrawal charge, charges for
                               other benefits, and Records Maintenance Charge.
                               The value that remains is used to determine the
                               first monthly Annuity payment. The first monthly
                               Annuity payment is based on the guaranteed
                               Annuity option shown in the Annuity Option Table.

                               The dollar amount of subsequent payments may
                               increase or decrease depending on the investment
                               experience of each Subaccount to which
                               Certificate Value is allocated. You may not have
                               more than three Subaccounts at one time. The
                               number of Annuity Units per payment will remain
                               fixed for each Subaccount unless a transfer is
                               made. If a transfer is made, the number of
                               Annuity Units per payment will change. Some
                               Annuity options provide for a reduction in the
                               income level upon the death of an Annuitant,
                               which will reduce the number of Annuity units.

L-8824                                                                   Page 12

<PAGE>

ANNUITY PERIOD PROVISIONS (continued)

                               The number of Annuity Units for each Subaccount
                               is calculated by dividing a. by b. where:

                               a.  is the amount of the monthly payment that can
                                   be attributed to that Subaccount; and

                               b.  is the Annuity Unit value for that Subaccount
                                   at the end of the Valuation Period.

                               The Valuation Period includes the date on which
                               the payment is made.

                               Monthly Annuity payments, after the first
                               payment, are calculated by summing up, for each
                               Subaccount, the product of a. multiplied by b.
                               where:

                               a.  is the number of Annuity Units per payment in
                                   each Subaccount; and

                               b.  is the Annuity Unit value for that Subaccount
                                   at the end of the Valuation Period.

Annuity Unit Value             The Valuation Period includes the date on which
                               the payment is made. The value of an Annuity Unit
                               for each Subaccount at the end of any Valuation
                               Period is determined by the result of a.
                               multiplied by b. by c. where:

                               a.  is the Annuity Unit value for the immediately
                                   preceding Valuation Period; and

                               b.  is the net investment experience factor for
                                   the Valuation Period for which the Annuity
                                   Unit value is being calculated; and

                               c.  is the interest factor of.99993235 per
                                   calendar day of such subsequent Valuation
                                   Period to offset the effect of the assumed
                                   rate of [2.50%] per year used in the Annuity
                                   Option Table. A different interest rate
                                   factor will be used if an assumed rate other
                                   than [2.50%] is used in the Annuity Option
                                   Table.

Basis of Annuity Options       The guaranteed monthly payments are based on an
                               interest rate of [2.50%] per year and, where
                               mortality is involved, the ["Annuity 2000 Table"
                               developed by the Society of Actuaries projected
                               using Scale G to the year 2015.] We may also make
                               available available Variable Annuity payment
                               options based on assumed investment rates other
                               than [2.50%], but not greater than 5.00%.

Withdrawal Charge              Upon annuitization, a withdrawal charge will be
Upon Annuitization             applied as shown in the Certificate Schedule
                               after application of any applicable Market Value
                               Adjustment. The withdrawal charge is waived when
                               the Owner elects an Annuity option which provides
                               either an income benefit period of ten years or
                               more or a benefit under which payment is
                               contingent on the life of the Annuitant(s).

Transfers Between              During the Annuity Period, You may make transfers
Subaccounts                    between Subaccounts subject to the following:

                               1.  You must send Us written notice in a form
                                   satisfactory to Us.

                               2.  Transfers between Subaccounts are prohibited
                                   during the first year of the Annuity Period;
                                   subsequent transfers are limited to one per
                                   year.

                               3.  You may not have more than three Subaccounts
                                   at any time.

                               4.  At least $5,000 of Annuity Unit value must be
                                   transferred from a Subaccount, unless the
                                   transfer will eliminate Your interest in the
                                   SubaccounL.

                               5.  At least $5,000 of Annuity Unit value must
                                   remain in the Subaccount after a transfer,
                                   unless the transfer will eliminate Your
                                   interest in the Subaccount.

L-8824                                                                   Page 13

<PAGE>

ANNUITY PERIOD PROVISIONS (continued)

                              6.    If We receive notice of a transfer between
                                    Subaccounts more than seven (7) days before
                                    an Annuity payment date, the transfer is
                                    effective during the Valuation Period after
                                    the date We receive the notice.

                              7.    If We receive notice of a transfer between
                                    Subaccounts less than seven (7) days before
                                    an Annuity Payment date, the transfer is
                                    effective during the Valuation Period after
                                    the Annuity Payment date.

                              We reserve the right at any time and without
                              notice to any party to terminate, suspend or
                              modify these transfer privileges.

                              When a transfer is made between Subaccounts, the
                              number of Annuity Units per payment attributable
                              to a Subaccount to which the transfer is made is
                              equal to a. multiplied by b. divided by c., where:

                              a.    is the number of Annuity Units per payment
                                    in the Subaccount from which the transfer is
                                    being made;

                              b.    is the Annuity Unit value for the Subaccount
                                    from which the transfer is being made; and

                              c.    is the Annuity Unit value for the Subaccount
                                    to which the transfer is being made.

Conversion from a             During the Annuity Period, You may convert Fixed
Fixed Annuity Payment         Annuity payments to Variable Annuity payments
                              subject to the following:

                              1.    You must send Us written notice in a form
                                    satisfactory to Us.

                              2.    At least $30,000 of annuitv reserve value
                                    must be transferred from Our General
                                    Account, unless the transfer will eliminate
                                    the annuity reserve value.

                              3.    At least $30,000 of annuity reserve value
                                    must remain in Our General Account after a
                                    transfer, unless the transfer will eliminate
                                    the annuity reserve value.

                              4.    Conversions from a Fixed Annuity payment are
                                    available only on an anniversary of the
                                    Annuity Date.

                              5.    We must receive notice at least thirty (30)
                                    days prior to the anniversary.

                                    We reserve the right at any time and without
                                    notice to any party to terminate, suspend or
                                    modify these conversion privileges.

                                    When a conversion is made from a Fixed
                                    Annuity payment to a Variable Annuity
                                    payment, the number of Annuity Units per
                                    payment attributable to a Subaccount to
                                    which the conversion is made is equal to a.
                                    divided by b. divided by c., where:

                              a.    is the annuity reserve being transferred
                                    from Our General Account;

                              b.    is the Annuity Unit value for the Subaccount
                                    to which the transfer is being made; and

                              c.    is the present value of $1.00 per payment
                                    period using the attained Age(s) of the
                                    Annuitant(s) and any remaining payment that
                                    may be due at the time of the transfer.

                                    The annuity reserve value equals the present
                                    value of the remaining Fixed Annuity
                                    payments using the same interest and
                                    mortality basis used to calculate the Fixed
                                    Annuity payments.

                                    Money converted to a Variable Annuity
                                    payment will be applied under the same
                                    Annuity option as originally selected.

L-8824                                                                  Page 14

<PAGE>

ANNUITY PERIOD PROVISIONS (continued)

Conversion to a               During the Annuity Period, You may convert
Fixed Annuity Payment         Variable Annuity payments to Fixed Annuity
                              payments subject to the following:

                              1.    You must send Us written notice in a form
                                    satisfactory to Us.

                              2.    At least $30,000 of Annuity Unit value must
                                    be transferred to Our General Account from
                                    the Subaccounts.

                              3.    At least $5,000 of Annuity Unit value must
                                    remain in a Subaccount after a transfer,
                                    unless the transfer will eliminate Your
                                    interest in the Subaccount.

                              4.    Conversions to a Fixed Annuity payment are
                                    available only on an anniversary of the
                                    Annuity Date.

                              5.    We must receive notice at least thirty (30)
                                    days prior to the anniversary.

                              We reserve the right at any time and without
                              notice to any party to terminate, suspend or
                              modify these conversion privileges.

                              When a conversion is made from a Variable Annuity
                              payment to a Fixed Annuity payment, the number of
                              Annuity Units per payment attributable to a
                              Subaccount from which the conversion is made is
                              the product of a. multiplied by b. multiplied by
                              c., where:

                              a.    is the number of Annuity Units representing
                                    Your interest in such Subaccount per Annuity
                                    payment;

                              b.    is the Annuity Unit value for such
                                    Subaccount; and

                              c.    is the present value of $1.00 per payment
                                    period using the attained Age(s) of the
                                    Annuitant(s) and any remaining payment that
                                    may be due at the time of the transfer.

                              Money converted to a Fixed Annuity payment will be
                              applied under the same Annuity option as
                              originally selected.

Payment of Death              If an Annuitant dies after the Annuity Date, the
Benefits During the           death benefit, if any, will depend on the Annuity
Annuity Period                option in effect.

                              If an Owner, who is not also an Annuitant, dies
                              after the Annuity Date, the following provisions
                              apply:

                              1.    If the Owner was the sole Owner, the
                                    remaining Annuity payments will be payable
                                    to the beneficiary in accordance with the
                                    Annuity option in effect. The beneficiary
                                    will become the Owner.

                              2.    If the Certificate has joint Owners, the
                                    Annuity payments will be payable to the
                                    surviving joint Owner in accordance with the
                                    terms of the Annuity option in effect. Upon
                                    the death of the surviving joint Owner, the
                                    beneficiary becomes the Owner.

Disbursement Upon             When the Annuitant or surviving joint Annuitant
Death of Annuitant:           dies, We will automatically continue any unpaid
Under Options 1, 3, or 5      installments for the remainder of the certain
                              period under Option 1, Option 3 or Option 5 to the
                              Payee. However, if You elect within 60 days of Our
                              receipt of due proof of death, We will pay a
                              commuted value of the remaining payments of the
                              certain period. In determining the commuted value,
                              the present value of the remaining payments in the
                              certain period will be calculated based on the
                              applicable interest rate.

L-8824                                                                  Page 15

<PAGE>

ANNUITY PERIOD PROVISIONS (continued)

                              For a Fixed Annuity option the applicable interest
                              rate is the greater of:

                              (a)   the ten year treasury constant maturity plus
                                    3%, and

                              (b)   the rate used to determine the initial
                                    payment plus 2%.

                              For a Variable Annuity option the applicable
                              interest rate is the assumed investment rate plus
                              2%.

                              The amount of each payment for purposes of
                              determining the present value of any variable
                              installments will be determined by applying the
                              Annuity Unit value next determined following Our
                              receipt of due proof of death.

Supplementary                 A supplementary agreement will be issued to
Agreement                     reflect payments that will be made under an
                              Annuity option.

Date of First Payment         Interest, under an Annuity option, will start to
                              accrue on the effective date of the supplementary
                              agreement. The supplementary agreement will
                              provide details on the payments to be made.

Evidence of Age, Sex          We may require satisfactory evidence of the Age,
and Survival                  sex and the continued survival of any person and
                              Survival on whose life the income is based.

Misstatement of Age           If the Age or sex of the Annuitant has been
or Sex                        misstated, the amount payable under the
                              Certificate will be such as the Purchase Payments
                              sent to Us would have purchased at the correct Age
                              or sex. Interest not to exceed 6% compounded each
                              year will be charged to any overpayment or
                              credited to any underpayment against future
                              payments We may make under this Certificate.

L-8824                                                                  Page 16

<PAGE>

                              ANNUITY OPTION TABLE

           AMOUNT OF MONTHLY PAYMENT FOR EACH $1,000 OF VALUE APPLIED

Option One - Fixed Installment Annuity

Number
of years         Monthly
selected         Payment

   10             9.39
<TABLE>
<CAPTION>
Options Two and Three - Life Annuity With Installments Guaranteed

Age of      Monthly Payments Guaranteed     Age of   Monthly Payments Guaranteed
Male                                        Female
Payee                                       Payee
<S>          <C>         <C>                <C>             <C>        <C>
              None        120                                None      120

55            4.00       3.96               55               3.71      3.70
56            4.08       4.04               56               3.78      3.76
57            4.17       4.12               57               3.86      3.83
58            4.26       4.21               58               3.93      3.91
59            4.36       4.30               59               4.02      3.99
60            4.46       4.40               60               4.10      4.07
61            4.57       4.50               61               4.20      4.16
62            4.69       4.60               62               4.29      4.25
63            4.81       4.71               63               4.40      4.35
64            4.95       4.83               64               4.51      4.45
65            5.09       4.95               65               4.63      4.56
66            5.24       5.08               66               4.75      4.68
67            5.41       5.22               67               4.89      4.80
68            5.58       5.36               68               5.03      4.93
69            5.76       5.50               69               5.19      5.06
70            5.96       5.65               70               5.36      5.21
71            6.17       5.81               71               5.54      5.36
72            6.39       5.97               72               5.73      5.52
73            6.62       6.13               73               5.94      5.69
74            6.88       6.30               74               6.17      5.86
75            7.14       6.47               75               6.41      6.04
76            7.43       6.65               76               6.68      6.23
77            7.73       6.83               77               6.96      6.42
78            8.06       7.01               78               7.26      6.62
79            8.41       7.18               79               7.59      6.82
80            8.79       7.36               80               7.95      7.02
81            9.19       7.54               81               8.34      7.23
82            9.62       7.71               82               8.76      7.43
83           10.08       7.88               83               9.21      7.62
84           10.57       8.04               84               9.71      7.81
85           11.10       8.20               85              10.24      8.00

</TABLE>
Option Four - Joint and 100% Survivor Annuity

<TABLE>
<CAPTION>
Age of                                         Age of Female Payee
Male
Payee      55               60              65               70              75               80              85
<S>       <C>              <C>             <C>              <C>             <C>              <C>             <C>
55        3.38             3.53            3.67             3.77            3.86             3.91            3.95
60        3.48             3.68            3.88             4.06            4.20             4.30            4.37
65        3.56             3.81            4.08             4.35            4.59             4.77            4.91
70        3.62             3.92            4.26             4.63            4.99             5.32            5.57
75        3.65             3.99            4.39             4.87            5.39             5.90            6.34
80        3.68             4.03            4.49             5.05            5.73             6.46            7.18
85        3.69             4.06            4.55             5.18            5.99             6.96            8.01
</TABLE>

Option Five - Joint and 100% Survivor Annuity with Installments Guaranteed for
10 years

<TABLE>
<CAPTION>
Age of                                         Age of Female Payee
Male
Payee      55               60              65               70              75               80              85
<S>       <C>              <C>             <C>              <C>             <C>              <C>             <C>
55        3.38             3.53            3.66             3.77            3.85             3.91            3.94
60        3.48             3.68            3.88             4.05            4.19             4.29            4.35
65        3.56             3.81            4.08             4.34            4.57             4.74            4.86
70        3.61             3.91            4.25             4.61            4.96             5.26            5.46
75        3.65             3.98            4.38             4.84            5.33             5.78            6.13
80        3.67             4.03            4.47             5.01            5.63             6.26            6.78
85        3.69             4.05            4.52             5.12            5.84             6.63            7.34
</TABLE>

Rates for ages not shown here will be provided upon request.

L-8824                                                                  Page 17

<PAGE>

GROUP FLEXIBLE PREMIUM MODIFIED GUARANTEED, FIXED AND VARIABLE DEFERRED ANNUITY
CERTIFICATE

NON-PARTICIPATING

BENEFITS, PAYMENTS AND VALUES PROVIDED BY THE CERTIFICATE, WHEN BASED ON THE
INVESTMENT EXPERIENCE OF THE SUBACCOUNTS, ARE VARIABLE AND ARE NOT GUARANTEED
AS TO DOLLAR AMOUNT. REFER TO THE VARIABLE ACCOUNT AND ANNUITY PERIOD PROVISIONS
FOR A DETERMINATION OF ANY VARIABLE BENEFITS.

BENEFITS, PAYMENTS AND VALUES PROVIDED BY THE CERTIFICATE, WHEN BASED ON
GUARANTEE PERIOD VALUES, MAY INCREASE OR DECREASE IN ACCORDANCE WITH THE MARKET
VALUE ADJUSTMENT FORMULA STATED IN THE CERTIFICATE SCHEDULE.

READ YOUR CERTIFICATE CAREFULLY

Kemper Investors Life Insurance Company
1600 McConnor Parkway, Schaumburg, Illinois 60196-6801

Form No. L-8824

<PAGE>

Kemper Investors Life Insurance Company
1600 McConnor Parkway, Schaumburg, Illinois 60196-6801

UNISEX RIDER

This Endorsement forms a part of the Contract or Certificate. The effective
(date of this Endorsement is the effective date of this Contract or Certificate.

All reference throughout this Contract or Certificate to the sex of a person
used in the calculation of benefits are deleted.

The tables for Annuity Options 2, 3, and 4 are replaced by the following:

Options Two and Three - Life Annuity With Installments Guaranteed
<TABLE>
<CAPTION>
Age of           Monthly Payments Guaranteed
Payee
      None                120                  None                120

<S>      <C>              <C>                    <C>      <C>               <C>
55       3.86             3.83                   71       5.85              5.59
56       3.93             3.90                   72       6.06              5.75
57       4.01             3.98                   73       6.28              5.91
58       4.10             4.06                   74       6.52              6.08
59       4.19             4.15                   75       6.77              6.26
60       4.28             4.23                   76       7.05              6.44
61       4.38             4.33                   77       7.34              6.63
62       4.49             4.43                   78       7.66              6.82
63       4.61             4.53                   79       8.00              7.01
64       4.73             4.64                   80       8.36              7.20
65       4.86             4.76                   81       8.76              7.39
66       5.00             4.88                   82       9.18              7.57
67       5.15             5.01                   83       9.64              7.76
68       5.31             5.14                   84      10.13              7.93
69       5.48             5.29                   85      10.66              8.10
70       5.66             5.43
</TABLE>

Option Four - Joint and 100% Survivor Annuity

<TABLE>
<CAPTION>
Age of                                         Age of Secondary Payee
Primary
Payee    55              60               65              70               75              80               85
<S>     <C>             <C>              <C>             <C>              <C>             <C>              <C>
55      3.39            3.52             3.62            3.70             3.76            3.80             3.82
60      3.52            3.70             3.86            4.00             4.10            4.17             4.22
65      3.62            3.86             4.10            4.32             4.50            4.64             4.73
70      3.70            4.00             4.32            4.65             4.95            5.20             5.38
75      3.76            4.10             4.50            4.95             5.41            5.83             6.17
80      3.80            4.17             4.64            5.20             5.83            6.48             7.08
85      3.82            4.22             4.73            5.38             6.17            7.08             8.03
</TABLE>

Option Five - Joint and 100% Survivor Annuity with Installments Guaranteed for
10 years

<TABLE>
<CAPTION>
Age of                                         Age of Secondary Payee
Primary
Payee    55              60               65              70               75              80               85
<S>     <C>             <C>              <C>             <C>              <C>             <C>              <C>
55      3.39            3.52             3.62            3.70             3.76            3.79             3.81
60      3.52            3.70             3.86            3.99             4.06            4.16             4.20
65      3.62            3.86             4.09            4.31             4.49            4.61             4.69
70      3.70            3.99             4.31            4.63             4.92            5.15             5.30
75      3.76            4.09             4.49            4.92             5.35            5.72             6.00
80      3.79            4.16             4.61            5.15             5.72            6.27             6.72
85      3.81            4.20             4.69            5.30             6.00            6.72             7.34
</TABLE>

Except as modified herein, all terms and conditions of the Contract or
Certificate remain unchanged.

Signed for Kemper Investors Life Insurance Company at its home office in
Schaumburg, Illinois.

               /s/ Debra P. Rezabek                     /s/ Gale K. Caruso
                   ----------------                         --------------
               Secretary                                President

L-8827<PAGE>

Kemper Investors Life Insurance Company                           [LOGO]
A Stock Life Insurance Company                                    ZURICH
1600 McConnor Parkway                                              LIFE
Schaumburg, Illinois 60196-6801

RIGHT TO CANCEL - FREE LOOK PROVISION - At any time within 10 days of receiving
this Contract You may return it to Us or to the representative through whom it
was purchased. All Purchase Payments allocated to the Fixed Account plus the
Separate Account Contract Value plus Market Adjusted Values computed at the end
of the valuation period following Our receipt of this Contract will then be
refunded within 10 days.

We agree to pay an Annuity to the Owner on the Annuity Date provided this
Contract is in force on the Annuity Date.

We further agree to pay the death benefit prior to the Annuity Date upon the
death of an Owner when a death benefit is payable. Payment will be made upon Our
receipt of due proof of death and the return of this Contract.

This Contract is issued in consideration of the application and payment of a
Purchase Payment. The provisions on this cover and the pages that follow are
part of this Contract.

Signed for Kemper Investors Life Insurance Company at its home office in
Schaumburg, Illinois.

/s/ Debra P. Rezabek                  /s/ Gale K. Caruso
    ----------------                      --------------
Secretary                             President

FLEXIBLE PREMIUM MODIFIED GUARANTEED, FIXED AND VARIABLE DEFERRED ANNUITY
CONTRACT

NON-PARTICIPATING

BENEFITS, PAYMENTS AND VALUES PROVIDED BY THE CONTRACT, WHEN BASED ON THE
INVESTMENT EXPERIENCE OF THE SUBACCOUNTS, ARE VARIABLE AND ARE NOT GUARANTEED AS
TO DOLLAR AMOUNT. REFER TO THE VARIABLE ACCOUNT AND ANNUITY PERIOD PROVISIONS
FOR A DETERMINATION OF ANY VARIABLE BENEFITS.

BENEFITS, PAYMENTS AND VALUES PROVIDED BY THE CONTRACT, WHEN BASED ON GUARANTEE
PERIOD VALUES, MAY INCREASE OR DECREASE IN ACCORDANCE WITH THE MARKET VALUE
ADJUSTMENT FORMULA STATED IN THE CONTRACT SCHEDULE.

READ YOUR CONTRACT CAREFULLY.

Form No. L-8825

<PAGE>
                           TABLE OF CONTENTS                               Page

CONTRACT SCHEDULE                                     Follows Table of Contents

DEFINITIONS                                                                1-3

GENERAL PROVISIONS                                                         3-4
   The Entire Contract                                                     3
   Modification of Contract                                                3
   Certificates                                                            3
   Incontestability                                                        3
   Change of Annuity Date                                                  3
   Assignment                                                              3
   Due Proof of Death                                                      3
   Reserves, Contract Values and Death Benefits                            3
   Non-Participating                                                       3
   Reports                                                                 3
   Net Payments                                                            4
   Creditors                                                               4

OWNER, BENEFICIARY AND ANNUITANT PROVISIONS                                4-5
   Owner                                                                   4
   Change of Ownership                                                     4
   Beneficiary Designation and Change of Beneficiary                       4
   Death of Beneficiary                                                    4
   Annuitant                                                               5

PURCHASE PAYMENT PROVISIONS                                                5
   Purchase Payment Limitations                                            5
   Place of Payment                                                        5

FIXED ACCOUNT PROVISIONS                                                   5
   Fixed Account Contract Value                                            5

GUARANTEE PERIOD PROVISIONS                                                6
   Guarantee Period                                                        6
   Guarantee Period Value                                                  6
   Market Value Adjustment                                                 6

VARIABLE ACCOUNT PROVISIONS                                                6-7
   Separate Account                                                        6
   Liabilities of the Separate Account                                     6
   Subaccounts                                                             6
   Fund                                                                    7
   Rights Reserved by the Company                                          7
   Accumulation Unit Value                                                 7
   Investment Experience Factor                                            7

TRANSFER AND WITHDRAWAL PROVISIONS                                         8-9
   Transfers During the Accumulation Period                                8
   Withdrawals During the Accumulation Period                              8
   Withdrawal Charges                                                      8
   Transfers and Withdrawal Procedures                                     9
   Deferment of Withdrawal or Transfer                                     9

L-8825

<PAGE>

                                  TABLE OF CONTENTS                       Page

DEATH BENEFIT PROVISIONS                                                  9-10
Amount Payable Upon Death                                                 9
Payment of Death Benefits During the Accumulation Period                  10
Spousal Continuation                                                      10

ANNUITY PERIOD PROVISIONS                                                 10-16
Annuity Options                                                           10
Option 1 Fixed Installment Annuity                                        10
Option 2 Life Annuity                                                     10
Option 3 Life Annuity with Installments Guaranteed                        10
Option 4 Joint and Survivor Annuity                                       11
Option 5 Joint and Survivor Annuity with Installments Guaranteed          11
Other Options                                                             11
Commutability                                                             11
Election of Annuity Option                                                11-12
Electing a Fixed or Variable Annuity Option                               12
Fixed Annuity                                                             12
Variable Annuity                                                          12-13
Annuity Unit Value                                                        13
Basis of Annuity Options                                                  13
Withdrawal Charge Upon Annuitization                                      13
Transfers Between Subaccounts                                             13-14
Conversions from a Fixed Account Payment                                  14
Conversions to a Fixed Annuity Payment                                    15
Payment of Death Benefits During the Annuity Period                       15-16
Disbursement Upon Death of Annuitant: Under Options 1, 3 or 5             16
Supplementary Agreement                                                   16
Date of First Payment                                                     16
Evidence of Age, Sex and Survival                                         16
Misstatement of Age or Sex                                                16

ANNUITY OPTION TABLE                                         Follows Page 16

ENDORSEMENTS, if any                             Follow Annuity Option Table

L-8825

<PAGE>

                                Contract Schedule
<TABLE>
<S>                         <C>          <C>                            <C>
Contract Number:            KI10000000   Issue Date:               June 1, 2002

Initial Purchase Payment:   $10,000.00   Type of Contract          Nonqualified

Owner:                      John Doe

Owner Date of Birth:        02/05/67

Joint Owner:                Mary Doe

Joint Owner Date of Birth:  05/02/67

Annuitant:                  John Doe

Annuitant Gender:           Male         Annuitant Date of Birth:      02/05/67

Joint Annuitant:            Mary Doe

Joint Annuitant Gender:     Female      Joint Annuitant Date of Birth: 05/02/67

Representative:             Richard Smith
                            ABC Agency Inc.
</TABLE>

8825

<PAGE>
<TABLE>
<S>                                              <C>
                                                Contract Schedule

Annuity Date:                                   June 1, 2021

Maximum Annuity Date:                           Later of the original youngest annuitant's 91 st birthday or 10 years from
                                                issue.

Minimum Annuity Date:                           The minimum annuity date is two years from the issue date.

[Date of Continuance:                           NA]

Optional Enhanced                               Option 1                     Yes
Death Benefit rider:                            Option 2                     Not Selected

Guaranteed Roll-up Death Benefit Interest Rate:

  Class 1 Accumulations Options                                              0.00%
  Class 2 Accumulation Options                                               5.00%

Beneficiary(ies):
Primary:                                        James Doe
[Contingent:                                    Jane Doe]

</TABLE>

8825

<PAGE>

                               Contract Schedule

Initial Purchase Payment Allocation:       Allocation   Initial Annual Effective

                                           Percentage        Interest Rates*
                                           ----------        ---------------

Fixed Account                                  2%            5.25%
1 Year Guarantee Period Account                2%            5.35%
Scudder Capital Growth                         2%
Scudder International                          2%
SVS Growth and Income                          2%
Scudder Global Blue Chip                       2%
SVS Dynamic Growth                             2%
Scudder Contrarian Value                       2%
Scudder Blue Chip                              2%
SVS Focus Value+Growth                         2%
Scudder Aggressive Growth                      2%
Scudder Growth and Income                      2%
Scudder High Yield                             2%
Scudder Total Return                           2%
SVS Venture Value                              2%
Scudder Investment Grade Bond                  2%
Scudder Government Securities                  34%
Money Market 1                                 32%

* Additional amounts may be credited under a dollar cost averaging program.

8825

<PAGE>

                               Contract Schedule

Class 1 Accumulation Options:

     Fixed Accumulation Option
     -------------------------
     Fixed Account

     Market Value Adiustment options:
     --------------------------------
      1 Year Guarantee Period Account         6 Year Guarantee Period Account
      2 Year Guarantee Period Account         7 Year Guarantee Period Account
      3 Year Guarantee Period Account         8 Year Guarantee Period Account
      4 Year Guarantee Period Account         9 Year Guarantee Period Account
      5 Year Guarantee Period Account         10 Year Guarantee Period Account

     Variable Subaccount options available on Issue Date:
     ----------------------------------------------------
     Scudder Money Market I
     Scudder Money Market II

8825

<PAGE>

                               Contract Schedule

Class 2 Accumulation Options:

      Fixed Accumulation Option
      -------------------------
      None

      Market Value Adjustment options:
      --------------------------------
      None

      Variable Subaccount options available on Issue Date:
      ----------------------------------------------------
      Alger American Balanced
      Alger American Leveraged All Cap
      CS Emerging Markets
      CS Global Post-Venture Capital
      Dreyfus Socially Responsible Fund
      Dreyfus VIF Midcap Stock
      Scudder 21st Century Growth
      Scudder Capital Growth
      Scudder Global Discovery
      Scudder Growth and Income
      Scudder Health Sciences
      Scudder International
      Scudder Aggressive Growth
      Scudder Blue Chip
      Scudder Contrarian Value
      Scudder Global Blue Chip
      Scudder Government Securities
      Scudder Growth
      Scudder High Yield
      Scudder International Select Equity
      Scudder Investment Grade Bond
      Scudder Small Cap Growth
      Scudder Small Cap Value
      Scudder Technology Growth
      Scudder Total Return
      SVS Dreman Financial Services
      SVS Dreman High Return Equity
      SVS Dynamic Growth (Invesco)
      SVS Focus Value+Growth
      SVS Focused Large Cap Growth
      SVS Growth And Income
      SVS Growth Opportunities
      SVS Index 500
      SVS Mid-Cap Growth
      SVS Strategic Equity
      SVS Venture Value
      SVS Dreman Small Cap Value
      SVS MFS Strategic Value

8825

<PAGE>

                               Contract Schedule

Minimum Initial Purchase Payment                    [Non-Qualified $10,000]
                                                    [Qualified $2,000]

Minimum Subsequent Purchase Payment:                [$500 for nonqualified
                                                    Contracts, $50 for all other
                                                    Contract types]
                                                    [$100 if using Systematic
                                                    Accumulation Plan]

Maximum Total Purchase Payments:                    [$1,000,000]

Minimum Initial Account Allocation:                 [$500 for each subaccount,
                                                    fixed account or each GPA.]

Minimum Subsequent Account Allocation:              [$50 for each subaccount or
                                                    fixed account. $500 for each
                                                    GPA.]

Minimum Contract Value after a Partial Withdrawal:  [$5,000]

                            Withdrawal Charge Table
<TABLE>
<CAPTION>
Years elapsed since purchase
payment was received                           Withdrawal Charge
--------------------                           -----------------
<S>                                            <C>
Less than one                                  7%
One but less than two                          6%
Two but less than three                        5%
Three but less than four                       4%
Four or more                                   0%
</TABLE>

For purposes of determining the withdrawal charge, the first year will elapse on
the last day of the Contract Year in which the Purchase Payment was received.
Subsequent years will elapse on the last day of each subsequent Contract Year.

Free Withdrawal Allowance:

The Free Withdrawal Allowance is an amount that may be withdrawn each Contract
Year without a withdrawal charge. This amount is calculated on the Issue Date
and each Contract Anniversary and is equal to 10% of remaining Purchase Payments
subject to a withdrawal charge. On each Contract Anniversary remaining Purchase
Payments subject to a withdrawal charge are increased by Purchase Payments made
and decreased by Purchase Payments withdrawn and applicable withdrawal charges
since the last Contract Anniversary. During the Contract Year the Free
Withdrawal Allowance is reduced by withdrawals from the Free Withdrawal
Allowance and increased by 10% of Purchase Payments made since the last Contract
Anniversary.

8825

<PAGE>

                               Contract Schedule

Fixed Account

     A fixed account will be available for purchase payments and transfers of
     existing values. For premiums and transfers allocated to the fixed account,
     the initial interest rate is guaranteed through the end of the calendar
     month in which the purchase payment or transfer was made and for 12
     additional calendar months thereafter. Subsequent fixed account interest
     rates are guaranteed for 12 calendar months.

     The interest rate will never be less than the minimum guaranteed interest
     rate.

     Minimum guaranteed interest rate:                 3.00%

Charges

     Mortality and Expense Risk charge:                [1.55%]

     Administration charge:                            [0.15%]

     The above annual charges will be assessed as a daily percentage on the
     Separate Account Contract Value.

[Optional Enhanced Death Benefit rider charge:]        Option 1  [0.20%]
                                                       Option 2  [0.35%]

The Optional Enhanced Death Benefit rider charge applies to the Class 2
accumulation options. This charge does not apply to the Class 1 accumulation
options.

Records Maintenance Charge:                            [$30] per contract year

     We will assess an annual records maintenance charge on each Contract
     Anniversary and upon total withdrawal. However, if the Contract Value is
     greater than or equal to [$50,000] on a Contract Anniversary or date of
     total withdrawal, we will not assess the records maintenance charge on that
     Contract Anniversary or date of total withdrawal. We will not assess this
     charge after the Annuity Date.

8825

<PAGE>

                               Contract Schedule

Market Value Adjustment Formula

   The Market Value Adjustment is determined by the application of the
   following formula:

   Market Value Adjustment = Guarantee Period Value x [[(1+I)/(1+j)]/T/365/-1]

   Where,

   I is the guaranteed interest rate being credited to the Guarantee Period
   Value subject to the Market Value Adjustment.

   J is the current interest rate declared by the Company as of the effective
   date of the application of the Market Value Adjustment, for current
   allocation to a Guarantee Period, the length of which is equal to the
   balance of the Guarantee Period for the Guarantee Period Value subject to
   the Market Value Adjustment, rounded to the next lower number of complete
   years.

   T is the number of days remaining in the Guarantee Period.

8825

<PAGE>

DEFINITIONS         ACCUMULATED GUARANTEE PERIOD VALUE - The sum of the
                    Guarantee Period Values.

                    ACCUMULATION PERIOD - The period between the Issue Date and
                    the Annuity Date.

                    ACCUMULATION UNIT - An accounting unit of measure used to
                    calculate the value of each Subaccount. Each Subaccount will
                    have an Accumulation Unit for each combination of charges.

                    ADMINISTRATION CHARGE - A charge deducted in the calculation
                    of the Accumulation Unit value and the Annuity Unit value
                    for a portion of Our administrative costs.

                    AGE - The attained age.

                    ANNIVERSARY VALUE - The Contract Value calculated on each
                    Contract Anniversary the Accumulation Period.

                    ANNUITANT - The person during whose lifetime the Annuity is
                    to be paid. Joint Annuitants may be named under
                    Non-qualified Certificates and any reference to Annuitant
                    shall include joint Annuitants.

                    ANNUITY - A series of payments paid in accordance with this
                    Contract which begin on the Annuity Date.

                    ANNUITY DATE - The date on which this Contract matures and
                    Annuity payments begin. The original Annuity Date is stated
                    in the Contract Schedule.

                    ANNUITY PERIOD - The period that starts on the Annuity Date.

                    ANNUITY UNIT - An accounting unit of measure used to
                    calculate the amount of Variable Annuity payments after the
                    first Annuity payment.

                    CONTRACT ANNIVERSARY - An anniversary of the Issue Date.

                    CONTRACT OWNER, OR OWNER - See "You, Your, Yours" below.

                    CONTRACT VALUE - The sum of the Fixed Account Contract Value
                    plus the Separate Account Contract Value plus the
                    Accumulated Guarantee Period Value.

                    CONTRACT YEAR - A one year period starting on the Issue Date
                    and successive Contract Anniversaries.

                    DEBT - The principal of any outstanding loan plus any
                    accrued interest. Loans are available under certain
                    Qualified Plans.

                    FIXED ACCOUNT - The General Account of KILICO to which an
                    Owner may allocate all or a portion of Purchase Payments or
                    Contract Value.

                    FIXED ACCOUNT CONTRACT VALUE - The value of amounts
                    allocated under the Contract to the Fixed Account.

                    FIXED ANNUITY - An Annuity payment plan that does not vary
                    as to dollar amount with investment experience.

                    FREE WITHDRAWAL ALLOWANCE - Amount of Purchase Payments
                    subject to a withdrawal charge that may be withdrawn each
                    Contract Year without incurring a withdrawal charge as
                    described in the Contract Schedule.

                    FUND - An investment company or separate series thereof, in
                    which the Subaccounts of the Separate Account invest.

                    GENERAL ACCOUNT - Our assets other than those allocated to
                    the Separate Account, the non-unitized separate account or
                    any other separate account.

L-8825                                                                    Page 1

<PAGE>

DEFINITIONS(continued)
                    GUARANTEE PERIOD - A period of time during which an amount
                    is to be credited with a guaranteed interest rate, subject
                    to a Market Value Adjustment prior to the end of the
                    Guarantee Period. The Guarantee Periods initially offered
                    are stated in the Contract Schedule.

                    GUARANTEE PERIOD VALUE - The (1) Purchase Payments allocated
                    or amounts transferred to a Guarantee Period; plus (2)
                    interest credited; minus (3) withdrawals, previously
                    assessed withdrawal charges and transfers; adjusted for (4)
                    any applicable Market Value Adjustment previously made.

                    ISSUE DATE - The Issue Date stated in the Contract Schedule.

                    MARKET ADJUSTED VALUE - A Guarantee Period Value adjusted by
                    the Market Value Adjustment formula prior to the end of a
                    Guarantee Period.

                    MARKET VALUE ADJUSTMENT - An adjustment of Guarantee Period
                    Values in accordance with the Market Value Adjustment
                    formula prior to the end of the Guarantee Period. The
                    adjustment reflects the change in the value of the Guarantee
                    Period Value due to changes in interest rates since the date
                    the Guarantee Period commenced. The Market Value Adjustment
                    formula is stated in the Contract Schedule.

                    MORTALITY AND EXPENSE RISK CHARGE - A charge deducted in the
                    calculation of the Accumulation Unit value and the Annuity
                    Unit value. It is for Our assumption of mortality risks and
                    expense guarantees. This charge is shown in the Contract
                    Schedule.

                    NONQUALIFIED - This Contract issued other than as a
                    Qualified Plan.

                    PAYEE - A recipient of periodic payments under the Contract.

                    PURCHASE PAYMENTS - The dollar amount We receive in U.S.
                    currency to buy the benefits this Contract provides.

                    QUALIFIED PLAN - A Contract issued under a retirement plan
                    which qualifies for favorable income tax treatment under
                    Section 401, 403, 408, 408A, or 457 of the Internal Revenue
                    Code as amended.

                    If this Contract is issued under a Qualified Plan additional
                    provisions may apply. The rider or amendment to this
                    Contract used to qualify it under the applicable section of
                    the Internal Revenue Code will indicate the extent of change
                    in the provisions.

                    RECORDS MAINTENANCE CHARGE - A charge assessed against Your
                    Contract as specified in the Contract Schedule.

                    SEPARATE ACCOUNT - A unit investment trust registered with
                    the Securities and Exchange Commission under the Investment
                    Company Act of 1940 known as the KILICO Variable Annuity
                    Separate Account.

                    SEPARATE ACCOUNT CONTRACT VALUE - The sum of the Subaccount
                    Values of this Contract on a Valuation Date.

                    SUBACCOUNTS - The subdivisions of the Separate Account, the
                    assets of which consist solely of shares of the
                    corresponding Fund portfolio.

                    SUBACCOUNT VALUE - The value of Your interest in each
                    Subaccount.

                    VALUATION DATE - Each business day that applicable law
                    requires that We value the assets of the Separate Account.
                    Currently this is each day that the New York Stock Exchange
                    is open for trading.

                    VALUATION PERIOD - The period that starts at the close of a
                    Valuation Date and ends at the close of the next succeeding
                    Valuation Date.

L-8825                                                                    Page 2

<PAGE>

DEFINITIONS (continued)
                    VARIABLE ANNUITY - An Annuity payment plan which varies as
                    to dollar amount because of Subaccount investment
                    experience.

                    WE, OUR, US - Kemper Investors Life Insurance Company,
                    Schaumburg, Illinois.

                    YOU, YOUR, YOURS - The party(s) named as Owner unless later
                    changed as provided in this Contract. Under a Nonqualified
                    Certificate when more than one person is named as Owner, the
                    terms "You," "Your," "Yours," means joint Owners. The Owner
                    may be changed during the lifetime of the Owner and prior to
                    the Annuity Date. The Owner, prior to distribution of any
                    death benefit, has the exclusive right to exercise every
                    option and right conferred by this Certificate.

GENERAL PROVISIONS

The Entire Contract
                    This Contract, any written application attached to this
                    Contract, and any endorsements and riders constitute the
                    entire contract between the parties.

Modification of Contract
                    Only Our president, secretary and assistant secretaries have
                    the power to approve a change or waive any provisions of
                    this Contract. Any such modifications must be in writing. No
                    agent or person other than the officers named has the
                    authority to change or waive the provisions of this
                    Certificate.

                    Upon notice to You, this Contract may be modified by Us as
                    is necessary to comply with any law or regulation issued by
                    a governmental agency to which We or the Separate Account is
                    subject or as is necessary to assure continued qualification
                    of this Contract under the Internal Revenue Code or other
                    laws relating to retirement plans or annuities or as
                    otherwise may be in Your best interest. In the event of a
                    modification, We may make appropriate endorsement to this
                    Contract and We will obtain all required regulatory
                    approvals.

Incontestability    We cannot contest this Contract after it has been in force
                    for two years from the Issue Date.

Change of Annuity Date
                    You may write to Us prior to the death of an Owner and the
                    first Annuity payment date and request a change of the
                    Annuity Date. The new Annuity Date must not be earlier than
                    the minimum Annuity Date or beyond the maximum Annuity Date
                    stated in the Contract Schedule.

Assignment          No assignment under this Contract is binding unless We
                    receive it in writing. We assume no responsibility for the
                    validity or sufficiency of any assignment. The rights of the
                    Owner, Annuitant and beneficiary are subject to the
                    assignment after it has been recorded by Us. Any claim is
                    subject to proof of interest of the assignee.

Due Proof of Death  We must receive written proof of death of the Owner when a
                    death benefit is payable. The proof may be a certified death
                    certificate, or any other proof satisfactory to Us.

Reserves, Contract
Values and Death Benefits
                    All reserves are equal to or greater than those required by
                    statute. Any available Contract Value and death benefit are
                    not less than the minimum benefits required by the statutes
                    of the state in which the Contract is delivered.

Non-Participating   This Contract does not pay dividends. It will not share in
                    Our surplus or earnings.

Reports             At least once each Contract Year We will send You a
                    statement showing Purchase Payments received, interest
                    credited, investment experience, and charges made since the
                    last report, as well as any other information required by
                    statute.

L-8825                                                                    Page 3

<PAGE>

GENERAL PROVISIONS (continued)

Premium Taxes       We will make a deduction for state premium taxes in certain
                    situations. On any Contract subject to premium tax, as
                    provided under applicable law, the tax will be deducted
                    from: a. the Purchase Payments when We receive them; b. the
                    Contract Value upon total withdrawal; or c. from the total
                    Contract Value applied to any Annuity option at the time
                    Annuity payments start. In no event will an amount be
                    deducted for premium taxes before the Company has incurred a
                    tax liability under applicable state law.

Creditors           The proceeds of this Contract and any payment under an
                    Annuity option will be exempt from the claims of creditors
                    and from legal process to the extent permitted by law.

OWNER, BENEFICIARY AND ANNUITANT PROVISIONS

Owner               Before the Annuity Date and prior to the death of an Owner,
                    You may exercise every option and right conferred by this
                    Contract including the right of assignment. The joint Owners
                    must agree to the exercise of any option or right if more
                    than one Owner is named.

Change of Ownership
                    You may change the Contract Owner by written request before
                    the Annuity Date and prior to the death of an Owner. You
                    must furnish information sufficient to clearly identify the
                    new Owner to Us. The change is subject to any existing
                    assignment of this Contract. After We receive the change, it
                    will take effect on the date the written notice is signed.
                    However, any action taken by Us before the change is
                    recorded by Us remains in effect. Any change is subject to
                    the payment of any proceeds. We may require You to return
                    this Contract to Us for endorsement of a change.

Beneficiary Designation and
Change of Beneficiary
                    The beneficiary initially designated is shown in the
                    Contract Schedule. In the case of joint owners, the
                    surviving joint Owner is automatically the primary
                    beneficiary of any death benefit resulting from the death of
                    a joint Owner. You may change the beneficiary if You send Us
                    written notice in a form acceptable to Us. Changes are
                    subject to the following conditions:

                    1. Prior to the Annuity Date the change must be filed while
                    You are alive;

                    2. After the Annuity Date the change must be filed while You
                    and the Annuitant(s) are alive;

                    3. This Contract must be in force at the time You file a
                    change;

                    4. Such change must not be prohibited by the terms of an
                    existing assignment, beneficiary designation or other
                    restriction;

                    5. After We receive the change, it will take effect on the
                    date the written notice was signed. However, any action
                    taken by Us before the change form is recorded by Us will
                    remain in effect;

                    6. The request for change must provide information
                    sufficient to identify the new beneficiary; and

                    7. In the case of joint Owners, the designation of a
                    beneficiary other than the surviving joint Owner(s) will be
                    deemed to be a contingent beneficiary(s).

                    We may require You to return this Contract to Us for
                    endorsement of a change.

Death of Beneficiary
                    The interest of a beneficiary who dies before the
                    distribution of the death benefit will pass to the other
                    beneficiaries, if any, share and share alike, unless
                    otherwise provided in the beneficiary designation. If no
                    beneficiary survives or is named, the distribution will be
                    made to Your estate when the You die.

L-8825                                                                    Page 4

<PAGE>

Annuitant           The initial Annuitant is shown in the Contract Schedule.
                    Prior to the Annuity Date, an Annuitant may be replaced or
                    added unless the Owner is a non-natural person. At all times
                    there must be at least one Annuitant. If the Annuitant dies,
                    the youngest Owner will become the new Annuitant unless a
                    new Annuitant is otherwise named. Upon the death of an
                    Annuitant prior to the Annuity Date, a death benefit is not
                    paid unless the Owner is a non-natural person.

PURCHASE PAYMENT PROVISIONS

Purchase Payment    The Minimum Initial Purchase Payment, subsequent Purchase
Limitations         Payment, and maximum total Purchase Payment limits are shown
                    in the Contract Schedule.

                    The minimum initial allocation or transfer to a Guarantee
                    Period, Fixed Account, or to a Subaccount is shown in the
                    Contract Schedule.

                    We reserve the right to waive or modify these limits and to
                    aggregate multiple Certificates with the same Owner and/or
                    Annuitants in applying these limits. We also reserve the
                    right to not accept any Purchase Payment.

Place of Payment    All Purchase Payments under this Contract must be paid to Us
                    at Our home office or such other location as We may select.
                    We will notify You and any other interested parties in
                    writing of such other locations. Purchase Payments received
                    by an agent will not be considered received by Us.

FIXED ACCOUNT PROVISIONS

Fixed Account       The Fixed Account Contract Value includes:
Contract Value
                    1. Your Purchase Payments allocated to the Fixed Account;
                       plus

                    2. amounts transferred to the Fixed Account; plus

                    3. interest credited; minus

                    4. withdrawals, previously assessed withdrawal charges and
                       transfers from the Fixed Account, minus

                    5. any applicable portion of the Records Maintenance Charge.

                    The initial Fixed Account interest rate credited to the
                    initial Purchase Payment is shown in the Contract Schedule
                    and is in effect through the period also shown in the
                    Contract Schedule. We will declare the Fixed Account
                    interest rate applicable to the initial Purchase Payment for
                    each subsequent interest rate period at the beginning of
                    each subsequent interest rate period shown in the Contract
                    Schedule.

                    We will declare the Fixed Account interest rate with respect
                    to each subsequent Purchase Payment or transfer received.
                    Any such Purchase Payment or transfer We receive will be
                    credited that rate through the end of the interest rate
                    period shown in the Contract Schedule. We will declare the
                    Fixed Account interest rate applicable to each subsequent
                    Purchase Payment or transfer for each subsequent interest
                    rate period at the beginning of each subsequent interest
                    rate period.

                    We reserve the right to declare the Fixed Account current
                    interest rate(s) based upon the Issue Date, the date We
                    receive a Purchase Payment or the date of account transfer.

                    We calculate the interest credited to the Fixed Account by
                    compounding daily, at daily interest rates, rates that would
                    produce at the end of 12 months a result identical to the
                    one produced by applying an annual interest rate.

                    The minimum guaranteed Fixed Account interest rate is shown
                    in the Contract Schedule.

L-8825                                                                    Page 5

<PAGE>

GUARANTEE PERIOD PROVISIONS

Guarantee Period    We hold all amounts allocated to a Guarantee Period in a
                    non-unitized separate account. The non-unitized separate
                    account may also hold amounts from other contracts and
                    certificates we issue. The assets of this separate account
                    equal to the reserves and other liabilities of this separate
                    account will not be charged with liabilities arising out of
                    any other business we may conduct. The initial Guarantee
                    Periods available under this Contract are shown in the
                    Contract Schedule.

Guarantee Period Value
                    On any Valuation Date, the Guarantee Period Value includes:

                    1. Your Purchase Payments allocated to the Guarantee Period;
                       plus

                    2. amounts transferred to the Guarantee Period; plus

                    3. interest credited; minus

                    4. withdrawals, previously assessed withdrawal charges and
                       transfers from the Guarantee Period; minus

                    5. any applicable portion of the Records Maintenance Charge;
                       adjusted for

                    6. any applicable Market Value Adjustment previously made.

                    The Guarantee Period(s) initially elected and the interest
                    rate(s) initially credited are shown in the Contract
                    Schedule. The initial interest rate credited to subsequent
                    Purchase Payments or transfers will be declared at the time
                    the payment is received. At the end of a Guarantee Period,
                    We will declare a guaranteed interest rate applicable for
                    the next subsequent Guarantee Period.

                    We calculate the interest credited to the Guarantee Period
                    Value by compounding daily, at daily interest rates, rates
                    which would produce at the end of 12 months a result
                    identical to the one produced by applying an annual interest
                    rate.

Market Value        The Market Value Adjustment formula is stated in the
Adjustment          Contract Schedule. This formula is applicable for both an
                    upward and downward adjustment to a Guarantee Period Value
                    when, prior to the end of a Guarantee Period, such value is:

                    1. taken as a total or partial withdrawal;

                    2. applied to purchase an Annuity option; or

                    3. transferred to another Guarantee Period, the Fixed
                    Account, or a Subaccount.

                    However, a Market Value Adjustment will not be applied to
                    any Guarantee Period Value transaction effected within 30
                    days after the end of the applicable Guarantee Period.

VARIABLE ACCOUNT PROVISIONS

Separate Account    The variable benefits under this Contract are provided
                    through the KILICO Variable Annuity Separate Account. The
                    Separate Account is registered with the Securities and
                    Exchange Commission as a unit investment trust under the
                    Investment Company Act of 1940. It is a separate investment
                    account maintained by Us into which a portion of Our assets
                    has been allocated for this Contract and may be allocated
                    for certain other contracts and certificates we issue.

Liabilities of the  The assets equal to the reserves and other liabilities of
Separate Account    the Separate Account will not be charged with liabilities
                    arising out of any other business We may conduct. We will
                    value the assets of the Separate Account on each Valuation
                    Date.

Subaccounts         The Separate Account consists of multiple Subaccounts. We
                    may from time to time, combine or remove Subaccounts in the
                    Separate Account and establish additional Subaccounts of the
                    Separate Account. In such event, We may permit You to select
                    other Subaccounts under the Contract. However, the right to
                    select any other Subaccount is limited by the terms and
                    conditions We may impose on such transactions.

L-8825                                                                    Page 6

<PAGE>

VARIABLE ACCOUNT PROVISIONS (continued)

Fund                Each Subaccount of the Separate Account will buy shares of a
                    Fund or a separate series of a Fund. Each Fund is registered
                    under the Investment Company Act of 1940 as an open-end
                    diversified management investment company. Each series of a
                    Fund represents a separate investment portfolio which
                    corresponds to one of the Subaccounts of the Separate
                    Account.

                    If We establish additional Subaccounts, each new Subaccount
                    will invest in a new series of a Fund or in shares of
                    another investment company. We may also substitute other
                    investment companies.

Rights Reserved by  We reserve the right, subject to compliance with the current
the Company         law or as it may be changed in the future:

                    1. To operate the Separate Account in any form permitted
                    under the Investment Company Act of 1940 or in any other
                    form permitted by law;

                    2. To take any action necessary to comply with or obtain and
                    continue any exemptions from the Investment Company Act of
                    1940 or to comply with any other applicable law;

                    3. To transfer any assets in any Subaccount to another
                    Subaccount or to one or more Separate Accounts, or the
                    General Account, or to add, combine or remove Subaccounts in
                    the Separate Account;

                    4. To delete the shares of any of the portfolios of a Fund
                    or any other open-end investment company and to substitute,
                    for the Fund shares held in any Subaccount, the shares of
                    another portfolio of a Fund or the shares of another
                    investment company or any other investment permitted by law;
                    and

                    5. To change the way We assess charges, but not to increase
                    the aggregate amount above that currently charged to the
                    Separate Account and the Funds in connection with this
                    Contract.

                    When required by law, We will obtain Your approval of such
                    changes and the approval of any regulatory authority.

Accumulation Unit Value
                    Each Subaccount has an Accumulation Unit value for each
                    combination of charges. When Purchase Payments or other
                    amounts are allocated to a Subaccount, a number of units are
                    purchased based on the relevant Accumulation Unit value of
                    the Subaccount at the end of the Valuation Period during
                    which the allocation is made. When amounts are transferred
                    out of or deducted from a Subaccount, units are redeemed in
                    a similar manner. The value of a Subaccount on any Valuation
                    Date is the number of units held in the Subaccount times the
                    relevant Accumulation Unit value on that Valuation Date.

                    An Accumulation Unit value for each subsequent Valuation
                    Period is the relevant investment experience factor for that
                    period multiplied by the Accumulation Unit value for the
                    period immediately preceding. The Accumulation Unit values
                    for each Valuation Period are applied to each day in a
                    Valuation Period. The number of Accumulation Units will not
                    change as a result of investment experience; however,
                    adding, deleting or modifying a rider for this Contract will
                    result in a change in the number of Accumulation Units.

Investment Experience
Factor              Each Subaccount has an investment experience factor for each
                    combination of charges. The investment experience factor of
                    a Subaccount for a combination of charges for a Valuation
                    Period is determined by dividing 1. by 2. and subtracting 3.
                    from the result, where:

                    1. is the net result of:

                         a. the net asset value per share of the investment held
                         in the Subaccount determined at the end of the current
                         Valuation Period; plus

                         b. the per share amount of any dividend or capital gain
                         distributions made by the investments held in the
                         Subaccount, if the "ex-dividend" date occurs during the
                         current Valuation Period; plus or minus

                         c. a credit or charge for any taxes reserved for the
                         current Valuation Period which We determine resulted
                         from the investment operations of the Subaccount;

                    2. is the net asset value per share of the investment held
                    in the Subaccount, determined at the end of the last
                    Valuation Period;

                    3. is the factor representing the sum of the Separate
                    Account charges currently applicable for the number of days
                    in the Valuation Period.

L-8825                                                                    Page 7

<PAGE>

TRANSFER AND WITHDRAWAL PROVISIONS

Transfers During the    Transfers may be made among the Subaccounts, Guarantee
Accumulation Period     Periods and the Fixed Account subject to the following
                        conditions:

                        1.   The minimum amount which may be transferred is the
                             Minimum Subsequent Account Allocation stated in the
                             Contract Schedule or, if smaller, the remaining
                             value in the Fixed Account or a Subaccount or
                             Guarantee Period.

                        2.   No partial transfer will be made if the remaining
                             value of the Fixed Account, Subaccount, or
                             Guarantee Period will be less than the Minimum
                             Initial Account Allocation stated in the Contract
                             Schedule.

                        3.   No transfer may be made within seven calendar days
                             of the date on which the first Annuity payment is
                             due.

                        4.   We reserve the right to impose a 15 calendar day
                             waiting period between transfers for any transfer
                             in excess of 12 in a Contract Year.

                        5.   We reserve the right to assess a $ 10.00 charge for
                             each transfer in excess of 12 in a Contract Year.

                        6.   Any transfer from a Guarantee Period is subject to
                             a Market Value Adjustment unless the transfer is
                             effected within thirty days after the end of the
                             applicable Guarantee Period.

                        Any transfer request must clearly specify:

                        1.   the amount which is to be transferred; and

                        2.   the names of the accounts which are affected.

                        For the Fixed Account and Guarantee Period accounts, We
                        will transfer Purchase Payments and all related
                        accumulation received in a given Contract Year, in the
                        chronological order We receive them.

                        We reserve the right at any time and without notice to
                        any party, to terminate, suspend, or modify these
                        transfer rights.

Withdrawals During the  During the Accumulation Period, You may withdraw all or
Accumulation Period     part of the Contract Value reduced by any withdrawal
                        charge, Debt and applicable premium taxes, and adjusted
                        by any applicable Market Value Adjustment.

                        Withdrawals are subject to all of the following
                        conditions:

                        1    You must return the Contract to Us if You elect a
                             total withdrawal.

                        2.   Each withdrawal must be at least $500 or the value
                             that remains in the Fixed Account, Subaccount or
                             Guarantee Period if smaller.

                        3.   The Minimum Subsequent Account Allocation stated
                             in the Contract Schedule must remain in the
                             account after You make a withdrawal unless the
                             account is eliminated by such withdrawal.

                        4.   We must receive a written request that indicates
                             the amount of the withdrawal from the Fixed Account
                             and each Subaccount and Guarantee Period.

                        5.   Withdrawals will reduce each investment option on a
                             proportional basis unless You direct Us otherwise.

                        6.   Withdrawals will first reduce Your Purchase
                             Payments in the chronological order in which they
                             were received and then reduce any earnings.

                        7.   If a partial withdrawal would reduce the Contract
                             Value to less than the Minimum Contract Value after
                             a Partial Withdrawal stated in the Contract
                             Schedule, the partial withdrawal will be processed
                             as a total withdrawal.

L-8825                                                                    Page 8

<PAGE>

TRANSFER AND WITHDRAWAL PROVISIONS (continued)

Withdrawal Charges      Withdrawal charges are shown in the Certificate
                        Schedule. For purposes of calculating Withdrawal
                        Charges, We will assume that amounts are withdrawn in
                        the following order:

                        1. Purchase Payments no longer subject to a Withdrawal
                           Charge,

                        2. Free Withdrawal Allowance,

                        3. Purchase Payments in chronological order in which
                           they were received,

                        4. Earnings.

Transfer and Withdrawal We will withdraw or transfer from the Fixed Account or
Procedures              Guarantee Periods as of the Valuation Date that follows
                        the date We receive the Owner's written or telephone
                        transfer request. To process a withdrawal, the request
                        must contain all required information.

                        We will redeem the necessary number of Accumulation
                        Units to achieve the dollar amount when the withdrawal
                        or transfer is made from a Subaccount. We will reduce
                        the number of Accumulation Units credited in each
                        Subaccount by the number of Accumulation Units redeemed.
                        The reduction in the number of Accumulation Units is
                        determined based on the Accumulation Unit value at the
                        end of the Valuation Period when We receive the request,
                        provided the request contains all required information.
                        We will pay the withdrawal amount within seven calendar
                        days after the date We receive the request, except as
                        provided below.

Deferment of Withdrawal If the withdrawal or transfer is to be made from a
or Transfer             Subaccount, We may suspend the right of withdrawal or
                        transfer or delay payment more than seven calendar days:

                        1. during any period when the New York Stock Exchange is
                           closed other than customary weekend and holiday
                           closings;

                        2. when trading in the markets normally utilized is
                           restricted, or an emergency exists as determined by
                           the Securities and Exchange Commission, so that
                           disposal of investments or determination of the
                           Accumulation Unit value is not practical; or

                        3. for such other Periods as the Securities and Exchange
                           Commission by order may permit for protection of
                           Owners.

                        We may defer the payment of a withdrawal or transfer
                        from the Fixed Account or Guarantee Periods, for the
                        period permitted by law. This can never be more than six
                        months after the Owner sends Us a written request.
                        During the period of deferral, We will continue to
                        credit interest, at the then current interest rate(s),
                        to the Fixed Account Certificate Value and/or each
                        Guarantee Period Value.

DEATH BENEFIT PROVISIONS

Amount Payable          When a death benefit is payable We will pay the greater
Upon Death              of 1. or 2. below, less Debt.

                        1. the Certificate Value, excluding any negative but
                           including any positive market value adjustment.

                        2. the total amounts of purchase payments, less previous
                           Purchase Payments withdrawn and withdrawal charges.

                        We compute the Certificate Value at the end of the
                        Valuation Period following our receipt of due proof of
                        death and the return of this Certificate. We compute 2.
                        above as of Your date of death.

Payment of Death        A death benefit will be paid to the beneficiary upon the
Benefits During the     death of the Owner, or a joint Owner, during the
Accumulation Period     Accumulation Period. If the Certificate Owner is a
                        non-natural person, a death benefit will be paid to the
                        beneficiary upon the death of an Annuitant prior to the
                        Annuity Date.

                        We will pay the death benefit to the beneficiary after
                        We receive due proof of death. We will then have no
                        further obligation under this Certificate.

L-8825                                                                   Page 9

<PAGE>

DEATH BENEFIT PROVISIONS (continued)

                        The entire interest in this Contract must be distributed
                        within five years from the date of death unless it is
                        applied under an Annuity Option or the spouse continues
                        this Contract as described below.

                        The beneficiary may elect to have the death benefit
                        distributed as stated in Annuity Period Provisions
                        Option 1 provided the beneficiary's life expectancy is
                        not less than 10 years; or Options 2 or 3 as described
                        in the Annuity Period Provisions of this Contract, based
                        on the life expectancy of the beneficiary as prescribed
                        by federal regulations unless You have restricted the
                        right to make such an election. The beneficiary must
                        make this choice within sixty days of the time We
                        receive due proof of death, and distributions must
                        commence within one year of the date of death.

                        If the beneficiary is a non-natural person, the
                        beneficiary must elect that the entire death benefit be
                        distributed within five years of the date of death.

Spousal Continuation    If this Contract was issued as a Nonqualified Plan or an
                        Individual Retirement Annuity ("IRA") and Your spouse is
                        the primary beneficiary when You die, Your surviving
                        spouse may elect to be the successor Owner of this
                        Contract. This is known as a Spousal Continuation. In
                        such a case, no death benefit will be payable upon your
                        death.

                        Upon Your death, Your surviving spouse may continue
                        this Contract thereby waiving claim to the death benefit
                        otherwise payable. Electing to continue this Contract
                        under the Spousal Continuation provision of this
                        Contract will affect how the charges and benefits under
                        this Contract and applicable endorsements are calculated
                        or determined.

                        If a Spousal Continuation is elected, the Contract
                        Value will be adjusted to equal the amount otherwise
                        payable as a death benefit under this Contract subject
                        to the following:

                        A.   The Contract Value will be adjusted to equal the
                             amount of the death benefit. If the death benefit
                             otherwise payable exceeds the Contract Value one
                             day prior to the date of continuance, such excess
                             will be credited to the money market Subaccount
                             listed in the Contract Schedule. This amount may
                             subsequently be transferred from the money market
                             Subaccount to other options under this Contract.

                        B.   Upon the death of Your surviving spouse before the
                             Annuity Date, the amount of the death benefit
                             payable will be determined as if: (1) the Contract
                             was issued on the date of continuance; (2) the
                             Contract Value applied on the date of continuance
                             resulted from our receipt of an initial Purchase
                             Payment,

                        C.   Withdrawal charges will not apply to withdrawals
                             made from the Contract Value credited on the date
                             of continuance. Withdrawal Charges will apply to
                             Purchase Payments made after the date of
                             continuance.

                        D.   This Contract may not be continued under a
                             subsequent Spousal Continuation.

                        We may make certain riders available to the surviving
                        spouse at the time of continuance.

ANNUITY PERIOD PROVISIONS

Annuity Options         You may annuitize this Contract under one of the
                        following Annuity options:

Option 1                We will make monthly payments for 10 years.
Fixed Installment Annuity

Option 2                We will make monthly payments while the Annuitant
Life Annuity            is alive.

Option 3                We will make monthly payments for a 10 year
Life Annuity with       certain period and thereafter while the Annuitant
Installments Guaranteed is alive.

L-8825                                                                   Page 10

<PAGE>

ANNUITY PERIOD PROVISIONS (continued)

Option 4                We will pay the full monthly income while both
Joint and               Annuitant(s) are alive. Upon the death of either
Survivor Annuity        Annuitant, We will continue to pay a percentage of the
                        original monthly payment. The percentage payable must
                        be selected at the time the Annuity option is chosen.
                        The percentages available are 50%, 66 2/3%, 75% and
                        100%.

Option 5                We will make monthly payments for a 10 year certain
Joint and Survivor      period and thereafter while the Annuitants are alive.
Annuity with
Installments Guaranteed

Other Options           We may make other Annuity options available.

Commutability           For annuitizations under the Fixed and Variable Annuity
                        options with a 10 year certain period, You may elect a
                        commutable Annuity option. You must make this election
                        prior to the Annuity Date. Under the commutable Annuity
                        option, partial lump sum payments are available during
                        the certain period.

                        Lump sum payments are available once each year following
                        the Annuity Date and may not be elected until 13 months
                        after annuitization has started.

                        You may elect to receive a partial lump sum payment of
                        the present value of the remaining payments in the
                        period certain subject to the restrictions described
                        below. If a partial lump sum payment is elected, the
                        remaining payments in the period certain will be reduced
                        based on the ratio of the amount of the partial
                        withdrawal to the amount of the present value of the
                        remaining installments in the period certain prior to
                        the withdrawal. If the Annuitant is living after the
                        period certain is over, payments will resume without
                        regard to any lump sum payments made during the certain
                        period.

                        Each time that a partial lump sum payment is made, We
                        will determine the percentage that the payment
                        represents of the present value of the remaining
                        installments in the period certain. The sum of these
                        percentages over the life of the Contract cannot exceed
                        75% for Nonqualified Certificates, or 100% for
                        Certificates issued under a Qualified Plan.

                        In determining the amount of the lump sum payment that
                        is available, the present value of the remaining
                        installments in the certain period will be calculated
                        based on the applicable interest rate.

                        For a Fixed Annuity option the applicable interest rate
                        is the greater of:

                        (a) the ten year treasury constant maturity plus 3%, and
                        (b) the rate used to determine the initial payment
                            plus 2%.

                        For a Variable Annuity option the applicable interest
                        rate is the assumed investment rate plus 2%.

                        The amount of each payment for purposes of determining
                        the present value of any variable installments will be
                        the payment next scheduled after the request for
                        commutation is received.

                        The terms for the commutability of an Annuity option
                        under any Contract rider are specified in the rider.

Election of Annuity     We must receive an election of an Annuity option in
Option                  writing. You may make an election on or before the
                        Annuity Date provided the Annuitant is alive.

                        A subsequent change of beneficiary, or an assignment of
                        this Contract will revoke an election unless the
                        assignment provides otherwise.

L-8825                                                                   Page 11

<PAGE>

ANNUITY PERIOD PROVISIONS (continued)

                        Upon election of an Annuity option, We agree to pay the
                        Owner on the payment due dates as stated in the
                        specifications page of the supplementary agreement. The
                        Owner may direct Us, in writing, to make payments to
                        another person. An option cannot be changed after the
                        first Annuity payment is made. If the total Contract
                        Value is applied under one of the Annuity options, this
                        Contract must be surrendered to Us.

                        If an Annuity option is not elected by the Annuity Date,
                        an Annuity will be paid under Option 3 if there is one
                        Annuitant on the Annuity Date and Option 5 if there are
                        joint Annuitants on the Annuity Date.

Electing a Fixed or     You may elect a Fixed Annuity, a Variable Annuity or a
Variable Annuity Option combination of both. The portion of the Contract Value
                        You elect to be paid as a Fixed Annuity, if any, will be
                        transferred to Our General Account. We must receive your
                        Fixed and Variable allocation election in writing at
                        least seven days prior to the Annuity Date. If We do not
                        receive notification from You, all the Contract Value
                        will be paid to You as a Fixed Annuity.

                        If your allocation includes a Variable Annuity payment,
                        payments will reflect the investment performance of the
                        Subaccounts in accordance with the allocation on the
                        Annuity Date. Allocations will not be changed
                        thereafter, except as provided in the Transfers Between
                        Subaccounts section.

                        Payments for all options are derived from the applicable
                        tables. Current Annuity rates will be used if they
                        produce greater payments than those quoted in the
                        Contract. The age in the tables is the Age of the
                        Annuitant on the last birthday before the first payment
                        is due.

                        The option selected must result in a payment that is at
                        least equal to Our minimum payment, according to Our
                        rules, at the time the Annuity option is chosen. If at
                        any time the payment is less than the minimum payment,
                        We have the right to increase the period between
                        payments to quarterly, semi-annual or annual so that the
                        payment is at least equal to the minimum payment or to
                        make payment in one lump sum.

Fixed Annuity           The portion of the Contract Value You elected to have
                        paid to you as a Fixed Annuity less any withdrawal
                        charge, charges for other benefits, and Records
                        Maintenance Charge will be used to determine the Fixed
                        Annuity monthly payment in accordance with the Annuity
                        option selected. Any Accumulated Guarantee Period Values
                        will be adjusted for any applicable Market Value
                        Adjustment as well.

Variable Annuity        The portion of the Contract Value You elect to have paid
                        to you as a Variable Annuity is first reduced by any
                        withdrawal charge, charges for other benefits, and
                        Records Maintenance Charge. The value that remains is
                        used to determine the first monthly Annuity payment. The
                        first monthly Annuity payment is based on the guaranteed
                        Annuity option shown in the Annuity Option Table.

                        The dollar amount of subsequent payments may increase or
                        decrease depending on the investment experience of each
                        Subaccount to which Contract Value is allocated. You may
                        not have more than three Subaccounts at one time. The
                        number of Annuity Units per payment will remain fixed
                        for each Subaccount unless a transfer is made. If a
                        transfer is made, the number of Annuity Units per
                        payment will change. Some Annuity options provide for a
                        reduction in the income level upon the death of an
                        Annuitant, which will reduce the number of Annuity
                        units.

L-8825                                                                 Page 12

<PAGE>

ANNUITY PERIOD PROVISIONS (continued)

                        The number of Annuity Units for each Subaccount is
                        calculated by dividing a. by b. where:

                        a. is the amount of the monthly payment that can be
                           attributed to that Subaccount; and

                        b. is the Annuity Unit value for that Subaccount at the
                           end of the Valuation Period.

                        The Valuation Period includes the date on which the
                        payment is made.

                        Monthly Annuity payments, after the first payment, are
                        calculated by summing up, for each Subaccount, the
                        product of a. multiplied by b. where:

                        a. is the number of Annuity Units per payment in each
                           Subaccount; and

                        b. is the Annuity Unit value for that Subaccount at the
                           end of the Valuation Period.

Annuity Unit Value      The Valuation Period includes the date on which the
                        payment is made. The value of an Annuity Unit for each
                        Subaccount at the end of any Valuation Period is
                        determined by the result of a. multiplied by b. by c.
                        where:

                        a. is the Annuity Unit value for the immediately
                           preceding Valuation Period; and

                        b. is the net investment experience factor for the
                           Valuation Period for which the Annuity Unit value is
                           being calculated; and

                        c. is the interest factor of .99993235 per calendar day
                           of such subsequent Valuation Period to offset the
                           effect of the assumed rate of [2.50%] per year used
                           in the Annuity Option Table. A different interest
                           rate factor will be used if an assumed rate other
                           than [2.50%] is used in the Annuity Option Table.

Basis of                The guaranteed monthly payments are based on an interest
Annuity Options         rate of [2.50%] per year and, where mortality is
                        involved, the ["Annuity 2000 Table" developed by the
                        Society of Actuaries projected using Scale G to the year
                        2015.] We may also make available Variable Annuity
                        payment options based on assumed investment rates other
                        than [2.50%], but not greater than 5.00%.

Withdrawal Charge       Upon annuitization, a withdrawal charge will be applied
Upon Annuitization      as shown in the Contract Schedule after application of
                        any applicable Market Value Adjustment. The withdrawal
                        charge is waived when the Owner elects an Annuity option
                        which provides either an income benefit period of ten
                        years or more or a benefit under which payment is
                        contingent on the life of the Annuitant(s).

Transfers Between       During the Annuity Period, You may make transfers
Subaccounts             between Subaccounts subject to the following:

                        1. You must send Us written notice in a form
                           satisfactory to Us.

                        2. Transfers between Subaccounts are prohibited during
                           the first year of the Annuity Period; subsequent
                           transfers are limited to one per year.

                        3. You may not have more than three Subaccounts at
                           anytime.

                        4. At least $5,000 of Annuity Unit value must be
                           transferred from a Subaccount, unless the transfer
                           will eliminate Your interest in the Subaccount.

                        5. At least $5,000 of Annuity Unit value must remain in
                           the Subaccount after a transfer, unless the transfer
                           will eliminate Your interest in the Subaccount.

L-8825                                                                   Page 13

<PAGE>

ANNUITY PERIOD PROVISIONS (continued)

                        6. If We receive notice of a transfer between
                           Subaccounts more than seven (7) days before an
                           Annuity payment date, the transfer is effective
                           during the Valuation Period after the date We receive
                           the notice.

                        7. If We receive notice of a transfer between
                           Subaccounts less than seven (7) days before an
                           Annuity Payment date, the transfer is effective
                           during the Valuation Period after the Annuity Payment
                           date.

                        We reserve the right at any time and without notice to
                        any party to terminate, suspend or modify these transfer
                        privileges.

                        When a transfer is made between Subaccounts, the number
                        of Annuity Units per payment attributable to a
                        Subaccount to which the transfer is made is equal to
                        a. multiplied by b. divided by c., where:

                        a. is the number of Annuity Units per payment in the
                           Subaccount from which the transfer is being made;

                        b. is the Annuity Unit value for the Subaccount from
                           which the transfer is being made; and

                        c. is the Annuity Unit value for the Subaccount to which
                           the transfer is being made.

Conversion from a       During the Annuity Period, You may convert Fixed Annuity
Fixed Annuity Payment   payments to Variable Annuity payments subject to the
                        following:

                        1. You must send Us written notice in a form
                           satisfactory to Us.

                        2. At least $30,000 of annuity reserve value must be
                           transferred from Our General Account, unless the
                           transfer will eliminate the annuity reserve value.

                        3. At least $30,000 of annuity reserve value must remain
                           in Our General Account after a transfer, unless the
                           transfer will eliminate the annuity reserve value.

                        4. Conversions from a Fixed Annuity payment are
                           available only on an anniversary of the Annuity Date.

                        5. We must receive notice at least thirty (30) days
                           prior to the anniversary.

                        We reserve the right at any time and without notice to
                        any party to terminate, suspend or modify these
                        conversion privileges.

                        When a conversion is made from a Fixed Annuity payment
                        to a Variable Annuity payment, the number of Annuity
                        Units per payment attributable to a Subaccount to which
                        the conversion is made is equal to a. divided by b.
                        divided by c., where:

                        a. is the annuity reserve being transferred from Our
                           General Account;

                        b. is the Annuity Unit value for the Subaccount to which
                           the transfer is being made; and

                        c. is the present value of $1.00 per payment period
                           using the attained Age(s) of the Annuitant(s) and any
                           remaining payment that may be due at the time of the
                           transfer.

                        The annuity reserve value equals the present value of
                        the remaining Fixed Annuity payments using the same
                        interest and mortality basis used to calculate the Fixed
                        Annuity payments.

                        Money converted to a Variable Annuity payment will be
                        applied under the same Annuity option as originally
                        selected.

L-8825                                                                   Page 14

<PAGE>

ANNUITY PERIOD PROVISIONS (continued)

Conversion to a         During the Annuity Period, You may convert Variable
Fixed Annuity Payment   Annuity payments to Fixed Annuity payments subject to
                        the following:

                        1. You must send Us written notice in a form
                           satisfactory to Us.

                        2. At least $30,000 of Annuity Unit value must be
                           transferred to Our General Account from the
                           Subaccounts.

                        3. At least $5,000 of Annuity Unit value must remain in
                           a Subaccount after a transfer, unless the transfer
                           will eliminate Your interest in the Subaccount.

                        4. Conversions to a Fixed Annuity payment are available
                           only on an anniversary of the Annuity Date.

                        5. We must receive notice at least thirty (30) days
                           prior to the anniversary.

                        We reserve the right at any time and without notice to
                        any party to terminate, suspend or modify these
                        conversion privileges.

                        When a conversion is made from a Variable Annuity
                        payment to a Fixed Annuity payment, the number of
                        Annuity Units per payment attributable to a Subaccount
                        from which the conversion is made is the product of
                        a. multiplied by b. multiplied by c., where:

                        a. is the number of Annuity Units representing Your
                           interest in such Subaccount per Annuity payment;

                        b. is the Annuity Unit value for such Subaccount; and

                        c. is the present value of $1.00 per payment period
                           using the attained Age(s) of the Annuitant(s) and any
                           remaining payment that may be due at the time of the
                           transfer.

                        Money converted to a Fixed Annuity payment will be
                        applied under the same Annuity option as originally
                        selected.

Payment of Death        If an Annuitant dies after the Annuity Date, the death
Benefits During the     benefit, if any, will depend on the Annuity option in
Annuity Period          effect.

                        If an Owner, who is nor also an Annuitant, dies after
                        the Annuity Date, the following provisions apply:

                        1. If the Owner was the sole Owner, the remaining
                           Annuity payments will be payable to the beneficiary
                           in accordance with the Annuity option in effect. The
                           beneficiary will become the Owner.

                        2. If the Contract has joint Owners, the Annuity
                           payments will be payable to the surviving joint Owner
                           in accordance with the terms of the Annuity option in
                           effect. Upon the death of the surviving joint Owner,
                           the beneficiary becomes the Owner.

Disbursement Upon       When the Annuitant or surviving joint Annuitant dies, We
Death of Annuitant:     will automatically continue any unpaid installments for
Under Options 1, 3 or 5 the remainder of the certain period under Option 1,
                        Option 3 or Option 5 to the  Payee. However, if You
                        elect within 60 days of Our receipt of due proof of
                        death, We will pay a commuted value of the remaining
                        payments of the certain period. In determining the
                        commuted value, the present value of the remaining
                        payments in the certain period will be calculated based
                        on the applicable interest rate.

L-8825                                                                  Page 15

<PAGE>

ANNUITY PERIOD PROVISIONS (continued)

                        For a Fixed Annuity option the applicable interest rate
                        is the greater of:

                        (a) the ten year treasury constant maturity plus 3%, and
                        (b) the rate used to determine the initial payment
                            plus 2%.

                        For a Variable Annuity option the applicable interest
                        rate is the assumed investment rate plus 2%:

                        The amount of each payment for purposes of determining
                        the present value of any variable installments will be
                        determined by applying the Annuity Unit value next
                        determined following Our receipt of due proof of death.

Supplementary           A supplementary agreement will be issued to reflect
Agreement               payments that will be made under an Annuity option.

Date of First Payment   Interest, under an Annuity option, will start to accrue
                        on the effective date of the supplementary agreement.
                        The supplementary agreement will provide details on the
                        payments to be made.

Evidence of Age, Sex    We may require satisfactory evidence of the Age, sex and
and Survival            the continued survival of any person on whose life the
                        income is based.

Misstatement of Age     If the Age or sex of the Annuitant has been misstated,
or Sex                  the amount payable under the Contract will be such as
                        the Purchase Payments sent to Us would have purchased at
                        the correct Age or sex. Interest not to exceed 6%
                        compounded each year will be charged to any overpayment
                        or credited to any underpayment against future payments
                        We may make under this Contract.

L-8825                                                                   Page 16

<PAGE>

                              ANNUITY OPTION TABLE

           AMOUNT OF MONTHLY PAYMENT FOR EACH $1,000 OF VALUE APPLIED

Option One - Fixed Installment Annuity

Number
of years         Monthly
selected         Payment

  10               9.39

Options Two and Three - Life Annuity With Installments Guaranteed

<TABLE>
<CAPTION>
Age of          Monthly Payments Guaranteed         Age of          Monthly Payments Guaranteed
Male                                                Female
Payee     None               120                    Payee     None              120
------    -----              ----                   ------    -----             ----
<S>       <C>                <C>                    <C>       <C>               <C>
55         4.00              3.96                   55         3.71             3.70
56         4.08              4.04                   56         3.78             3.76
57         4.17              4.12                   57         3.86             3.83
58         4.26              4.21                   58         3.93             3.91
59         4.36              4.30                   59         4.02             3.99
60         4.46              4.40                   60         4.10             4.07
61         4.57              4.50                   61         4.20             4.16
62         4.69              4.60                   62         4.29             4.25
63         4.81              4.71                   63         4.40             4.35
64         4.95              4.83                   64         4.51             4.45
65         5.09              4.95                   65         4.63             4.56
66         5.24              5.08                   66         4.75             4.68
67         5.41              5.22                   67         4.89             4.80
68         5.58              5.36                   68         5.03             4.93
69         5.76              5.50                   69         5.19             5.06
70         5.96              5.65                   70         5.36             5.21
71         6.17              5.81                   71         5.54             5.36
72         6.39              5.97                   72         5.73             5.52
73         6.62              6.13                   73         5.94             5.69
74         6.88              6.30                   74         6.17             5.86
75         7.14              6.47                   75         6.41             6.04
76         7.43              6.65                   76         6.68             6.23
77         7.73              6.83                   77         6.96             6.42
78         8.06              7.01                   78         7.26             6.62
79         8.41              7.18                   79         7.59             6.82
80         8.79              7.36                   80         7.95             7.02
81         9.19              7.54                   81         8.34             7.23
82         9.62              7.71                   82         8.76             7.43
83        10.08              7.88                   83         9.21             7.62
84        10.57              8.04                   84         9.71             7.81
85        11.10              8.20                   85        10.24             8.00
</TABLE>

Option Four - Joint and 100% Survivor Annuity

<TABLE>
<CAPTION>
Age of                                             Age of Female Payee
Male
Payee            55            60            65            70            75            80             85
------          ----          ----          ----          ----          ----          ----           ----
<S>             <C>           <C>           <C>           <C>           <C>           <C>            <C>
55              3.38          3.53          3.67          3.77          3.86          3.91           3.95
60              3.48          3.68          3.88          4.06          4.20          4.30           4.37
65              3.56          3.81          4.08          4.35          4.59          4.77           4.91
70              3.62          3.92          4.26          4.63          4.99          5.32           5.57
75              3.65          3.99          4.39          4.87          5.39          5.90           6.34
80              3.68          4.03          4.49          5.05          5.73          6.46           7.18
85              3.69          4.06          4.55          5.18          5.99          6.96           8.01
</TABLE>

Option Five - Joint and 100% Survivor Annuity with Installments Guaranteed for
10 years

<TABLE>
<CAPTION>
Age of                                         Age of Female Payee
Male
Payee            55            60            65            70            75            80             85
------          ----          ----          ----          ----          ----          ----           ----
<S>             <C>           <C>           <C>           <C>           <C>           <C>            <C>
55              3.38          3.53          3.66          3.77          3.85          3.91           3.94
60              3.48          3.68          3.88          4.05          4.19          4.29           4.35
65              3.56          3.81          4.08          4.34          4.57          4.74           4.86
70              3.61          3.91          4.25          4.61          4.96          5.26           5.46
75              3.65          3.98          4.38          4.84          5.33          5.78           6.13
80              3.67          4.03          4.47          5.01          5.63          6.26           6.78
85              3.69          4.05          4.52          5.12          5.84          6.63           7.34
</TABLE>

Rates for ages not shown here will be provided upon request.

L-8825                                                                  Page 17

<PAGE>

GROUP FLEXIBLE PREMIUM MODIFIED GUARANTEED, FIXED AND VARIABLE DEFERRED ANNUITY
CONTRACT

NON-PARTICIPATING

BENEFITS, PAYMENTS AND VALUES PROVIDED BY THE CONTRACT, WHEN BASED ON THE
INVESTMENT EXPERIENCE OF THE SUBACCOUNTS, ARE VARIABLE AND ARE NOT GUARANTEED
AS TO DOLLAR AMOUNT. REFER TO THE VARIABLE ACCOUNT AND ANNUITY PERIOD PROVISIONS
FOR A DETERMINATION OF ANY VARIABLE BENEFITS.

BENEFITS, PAYMENTS AND VALUES PROVIDED BY THE CONTRACT, WHEN BASED ON GUARANTEE
PERIOD VALUES, MAY INCREASE OR DECREASE IN ACCORDANCE WITH THE MARKET VALUE
ADJUSTMENT FORMULA STATED IN THE CONTRACT SCHEDULE.

READ YOUR CONTRACT CAREFULLY

Kemper Investors Life Insurance Company
1600 McConnor Parkway, Schaumburg, Illinois 60196-6801

Form No. L-8825

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00037-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00037-of-00352.parquet"}]]