Document:

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                                                                    EXHIBIT 10.2

INDEPENDENT AUDITORS' CONSENT

We consent to the incorporation by reference of our report dated February 8,
2001 (relating to the consolidated financial statements of DaimlerChrysler
Corporation not presented separately herein), included as Exhibit 10.3 of this
Annual Report on Form 20-F of DaimlerChrysler AG for the year ended December 31,
2000, in the following Registration Statements:

<TABLE>
<CAPTION>

            REGISTRATION
FORM        STATEMENT NO.                 ISSUER

<S>         <C>                           <C>
F-3         333-11306                     DaimlerChrysler North America
                                          Holding Corporation

F-3         333-13160                     DaimlerChrysler North America
                                          Holding Corporation

S-8         333-5074                      DaimlerChrysler AG

S-8         333-7082                      DaimlerChrysler AG

S-8         333-8998                      DaimlerChrysler AG
</TABLE>

Deloitte & Touche LLP
Detroit, Michigan
February 22, 2001<PAGE>

                                                                    EXHIBIT 10.3

INDEPENDENT AUDITORS' REPORT

Board of Directors
DaimlerChrysler Corporation
Auburn Hills, Michigan

We have audited the consolidated balance sheet of DaimlerChrysler Corporation
and consolidated subsidiaries (the "Company") as of December 31, 2000 and 1999,
and the related consolidated statements of income and cash flows for each of the
three years in the period ended December 31, 2000. Such consolidated financial
statements are not included herein. These financial statements are the
responsibility of the Company's management. Our responsibility is to express an
opinion on these financial statements based on our audits. We did not audit the
financial statements of Chrysler Financial Company L.L.C. (a consolidated
subsidiary) for the years ended December 31, 2000 and 1999, which statements
reflect total assets constituting 50% and 39% of consolidated total assets as of
December 31, 2000 and 1999, respectively, and total revenues constituting 13%
and 5% of consolidated total revenues for the years ended December 31, 2000 and
1999, respectively. Those financial statements were audited by other auditors
whose report has been furnished to us, and our opinion, insofar as it relates to
the amounts included for Chrysler Financial Company L.L.C. for the years ended
December 31, 2000 and 1999, is based solely on the report of such other
auditors.

We conducted our audits in accordance with auditing standards generally accepted
in the United States of America. Those standards require that we plan and
perform the audit to obtain reasonable assurance about whether the financial
statements are free of material misstatement. An audit includes examining, on a
test basis, evidence supporting the amounts and disclosures in the financial
statements. An audit also includes assessing the accounting principles used and
significant estimates made by management, as well as evaluating the overall
financial statement presentation. We believe that our audits and the report of
other auditors provide a reasonable basis for our opinion.

In our opinion, based on our audits and the report of other auditors, such
consolidated financial statements present fairly, in all material respects, the
financial position of DaimlerChrysler Corporation and its consolidated
subsidiaries at December 31, 2000 and 1999, and the results of their operations
and their cash flows for each of the three years in the period ended December
31, 2000, in conformity with accounting principles generally accepted in the
United States of America.

The Company adopted the provisions of the Financial Accounting Standards Board's
Statement of Financial Accounting Standards (SFAS) No. 133, ACCOUNTING FOR
DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES, on January 1, 2000, and SFAS 138,
ACCOUNTING FOR DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES - AN AMENDMENT OF
SFAS 133, and Emerging Issues Task Force Issue No. 99-20, RECOGNITION OF
INTEREST INCOME AND IMPAIRMENT ON PURCHASED AND RETAINED BENEFICIAL INTERESTS IN
SECURITIZED FINANCIAL Assets, on July 1, 2000.

Deloitte & Touche LLP
Detroit, Michigan
February 8, 2001Prepared by MERRILL CORPORATION www.edgaradvantage.com

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EXHIBIT 4(f)

 

 PROTECTIVE LIFE INSURANCE COMPANY

P. O. BOX 2606

BIRMINGHAM, ALABAMA 35202-2606  

 EARNINGS ENHANCEMENT DEATH BENEFIT (EEDB) RIDER  

This rider amends the Contract to which it is attached by adding the following provisions and making them part of the Contract as of the EEDB Rider Date. 

 
 

Earnings Enhancement Death Benefit (EEDB)    
  

    At the time we pay the death benefit as provided in the Contract, we will pay an additional amount, if positive, determined by the formula below: 

EEDB
= A × B 

    where

	

A	
 	

=	
 	

40% if the EEDB Rider Date is prior to the oldest Owner's 70th birthday; or

25% if the EEDB Rider Date is on or after the oldest Owner's 70th birthday.
	B	 	=	 	the lesser of:

	(1)
	The
Contract Value minus the Earnings Benefit Base if any Owner dies within 12 months of the EEDB Rider Date, or the death benefit
minus the Earnings Benefit Base if any Owner dies more than 12 months after the EEDB Rider Date; or

	(2)
	200%
of the amount equal to: the Earnings Benefit Base minus Purchase Payments received on or after the date that is 12 months prior
to the deceased Owner's date of death. 

    The
Earnings Benefit Base is equal to: 

	a)
	Contract
Value on the EEDB Rider Date; plus
    

	b)
	Purchase
Payments accepted by the Company after the EEDB Rider Date; minus
    

	c)
	Purchase
Payments withdrawn from the Contract after the EEDB Rider Date, including applicable surrender charges, if any. 

    The
Contract Value and the Earnings Benefit Base are determined as of the end of the Valuation Period during which we receive due proof of death. 

 
 

Change of Owner    
  

The value for A in the EEDB formula is established on the EEDB Rider Date and is not affected by any subsequent change of Owner except the value for A will
become 0% if any new Owner was 70 years old or older on the EEDB Rider Date. 

 
 

Non-natural Owner    
  

If any Owner is not a natural person, provisions referring to Owner will apply to the Annuitant. 

 
 

Termination    
  

This rider terminates on the earlier of: 

	(1)
	Annuity
Commencement Date; or,

	(2)
	The
later of the oldest Owner's 90th birthday or the 10th Contract Anniversary. 

Once
issued, this rider may not otherwise be terminated by either the company or the Owner except by terminating the Contract. 

 
 

Cost    
  

While this rider is in effect, the Mortality and Expense Risk Charge for your Contract is {M&E%} per annum of the average daily net assets of the Variable
Account. The Mortality and Expense Risk Charge will be reduced by 0.25% per annum upon the termination of this rider. 

Signed
for the Company as of the EEDB Rider Date which is {DATE}. 

PROTECTIVE
LIFE INSURANCE COMPANY 

   

Deborah J. Long

Secretary 

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Earnings Enhancement Death Benefit (EEDB)

Change of Owner

Non-natural Owner

Termination

CostPrepared by MERRILL CORPORATION www.edgaradvantage.com

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EXHIBIT 4(g)

  

 PROTECTIVE LIFE INSURANCE COMPANY

P. O. BOX 2606

BIRMINGHAM, ALABAMA 35202-2606  

 SPOUSAL CONTINUATION ENDORSEMENT

FOR EARNINGS ENHANCEMENT DEATH BENEFIT (EEDB)  

    This endorsement amends the Contract to which it is attached by adding the following provisions and making them a part of the Contract as of the EEDB Rider
Date. 

 
 

EEDB Spousal Continuation Election    
  

    If a Beneficiary who is the surviving spouse of a deceased Owner qualifies for and elects, in lieu of receiving the death benefit, to continue the Contract and
become the new Owner as provided in the Contract, we will add an amount equal to the EEDB to the Contract Value. We will allocate the amount we add according to the Purchase Payment instructions then
in effect but the amount we add will not be considered a Purchase Payment. 

 
 

Earnings Enhancement Death Benefit after a Spousal Continuation Election    
  

    After a Spousal Continuation Election, the Earnings Benefit Base will reset to: 

	a)
	Contract
Value on the date as of which we determine the amount equal to the EEDB; plus

	b)
	Purchase
Payments accepted by the Company after the date as of which we determine the amount equal to the EEDB ; minus

	c)
	Purchase
Payments withdrawn from the Contract after the date as of which we determine the amount equal to the EEDB, including
applicable surrender charges, if any. 

    All
other provisions of your Contract not contrary to the terms of this a endorsement remain in full force and effect. 

PROTECTIVE
LIFE INSURANCE COMPANY 

   

Deborah J. Long

Secretary 

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EEDB Spousal Continuation Election

Earnings Enhancement Death Benefit after a Spousal Continuation ElectionPrepared by MERRILL CORPORATION www.edgaradvantage.com

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EXHIBIT 4(h)

  

 PROTECTIVE LIFE INSURANCE COMPANY

P. O. BOX 2606

BIRMINGHAM, ALABAMA 35202-2606  

 ENHANCED SPOUSAL CONTINUATION BENEFIT ENDORSEMENT  

    This endorsement amends the Contract to which it is attached by adding the following provisions and making them a part of the Contract as of its Effective
Date: 

 
 

Enhanced Spousal Continuation Benefit    
  

    If a Beneficiary who is the surviving spouse of a deceased Owner elects, in lieu of receiving the death benefit, to continue the Contract and become the new
Owner as provided in the Contract, we will add to the Contract Value an amount equal to the positive difference, if any, between: 1) the value of the Contract's death benefit; and, 2) the Contract
Value; both determined as of the date we receive due proof of death. We will allocate the amount we add according to the Purchase Payment instructions then in effect, but the amount we add will not be
considered a Purchase Payment. 

    All
other provisions of your Contract not contrary to the terms of this endorsement remain in full force and effect. 

PROTECTIVE
LIFE INSURANCE COMPANY 

   

Deborah J. Long

Secretary 

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Enhanced Spousal Continuation Benefit

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