Cova Financial Life Insurance Company
4100 Newport Place Drive, Suite 840
Newport Beach, CA 92600
401 PLAN ENDORSEMENT
This Endorsement forms a part of the Contract to which it is attached. The
effective date of this Endorsement is the issue date of the Contract. The
following provisions apply to a Contract which is issued under a plan qualified
under the Internal Revenue Code of 1986, as amended, ("Code") Section 401 (the
"Plan"). In the case of a conflict with any provision in the Contract and any
other Endorsements or Riders, the provisions of this Endorsement will control.
The Contract is amended as follows:
1. The Annuitant of this Contract will be the applicable Participant under the
Plan and the Owner of this Contract will be as designated in the Plan.
2. This Contract and the benefits under it, cannot be sold, assigned,
transferred, discounted, pledged as collateral for a loan or as security
for the performance of an obligation or for any other purpose, or otherwise
transferred to any person other than the Company.
3. This Contract shall be subject to the provisions, terms and conditions of
the qualified pension or profit-sharing Plan under which the Contract is
issued. Any payment, distribution or transfer under this Contract shall
comply with the provisions, terms and conditions of such Plan as determined
by the Plan administrator, trustee or other designated Plan fiduciary. We
shall be under no obligation under or by reason of issuance of this
Contract either (a) to determine whether any such payment, distribution or
transfer complies with the provisions, terms and conditions of such Plan or
with applicable law, or (b) to administer such Plan, including, without
limitation, any provisions required by the Retirement Equity Act of 1984.
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4. Notwithstanding any provision to the contrary in this Contract or the
qualified pension or profit-sharing Plan of which this Contract is a part,
we reserve the right to amend or modify this Contract or Endorsement to the
extent necessary to comply with any law, regulation, ruling or other
requirement deemed by us to be necessary to establish or maintain the
qualified status of such pension or profit-sharing Plan.
Cova Financial Life Insurance Company has caused this Endorsement to be signed
by its President and Secretary.
Form 7025 (11/00)
