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Exhibit 10
Consent of Independent Auditors
We consent to the references to our firm under the captions "Financial
Statements" in the Prospectuses and Statements of Additional Information, and
"Auditors" in the Prospectuses, and to the use of our reports (1) dated January
28, 2000 with respect to the financial statements of certain subaccounts of
Peoples Benefit Life Insurance Company Separate Account V, which are available
for investment by the contract owners of the Advisor's Edge Variable Annuity,
(2) dated January 28, 2000 with respect to the financial statements of certain
subaccounts of Peoples Benefit Life Insurance Company Separate Account V, which
are available for investment by the contract owners of the Advisor's Edge Select
Variable Annuity, and (3) dated February 18, 2000 with respect to the statutory-
basis financial statements of Peoples Benefit Life Insurance Company included in
Post-Effective Amendment No. 14 to the Registration Statement (Form N-4 No.
33-80958) and related Prospectuses of the Advisor's Edge Variable Annuity and
Advisor's Edge Select Variable Annuity.
/s/ Ernst & Young LLP
Des Moines, Iowa
November 29, 2000
