END-VLI/GCP(01/00)
                   AMERICAN SKANDIA LIFE ASSURANCE CORPORATION

                       ONE CORPORATE DRIVE, P. O. BOX 883
                           SHELTON, CONNECTICUT 06484

                                (A Stock Company)

                                   Endorsement
                        Guaranteed Continuation Provision

Policy Number:  [001-000001]

Effective Date of this Endorsement:  [January 1, 2000]

Guaranteed Continuation Amount:  $[100,000]

Guaranteed  Continuation Period: The earlier of [10 years] from the Policy Issue
Date or Age [80] of the younger Insured.

Required Monthly Premium:  $[156.00]


This  Endorsement  is made  part of the  Policy  to  which it is  attached.  The
following provision is added to the Policy:

                        Guaranteed Continuation Provision

If  the  Cash  Value  on any  Monthly  Processing  Date  during  the  Guaranteed
Continuation Period is less than the charges then due, this Policy will continue
in force until the next Monthly Processing Date, with the Death Benefit equal to
the Guaranteed Continuation Amount shown above, provided that the total premiums
paid, less  withdrawals,  and less any Debt equals or exceeds the product of (a)
times (b) where:

(a)      is the Required Monthly Premium shown above; and
(b)      is the number of months elapsed between the Policy Date and the Monthly
         Processing  Date  following the date as of which the Cash Value is less
         than the charges due.

The  calculation  of the Net Amount at Risk and  guaranteed  and current cost of
insurance charges will use the same rates, values and factors applicable to this
Policy,  and will assume a Death  Benefit equal to the  Guaranteed  Continuation
Amount.  The resulting  charges due will be taken, to the extent possible,  from
the Account Value. We will pay any balance due.

On each  Monthly  Processing  Date within the  Guaranteed  Continuation  Period,
continuation under the terms of this provision will be based on meeting the then
cumulative  payment  requirement  described  above.  Policy  continuation on any
Monthly  Processing  Date  does not imply  continuation  on any  future  Monthly
Processing Date.

                   American Skandia Life Assurance Corporation

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                                    PRESIDENT