AMERICAN SKANDIA LIFE ASSURANCE CORPORATION

                        ONE CORPORATE DRIVE, P.O. BOX 883

                           SHELTON, CONNECTICUT 06484

                                (A Stock Company)



                                   ENDORSEMENT

                        MEDICALLY-RELATED WAIVER BENEFIT

This  Endorsement  is made  part of the  Policy to which it is  attached.  It is
effective on the date such Policy is effective.

General:  You may request a medically-related  waiver of the contingent deferred
sales charge and any contingent  deferred tax charge that would  otherwise apply
to a partial withdrawal or surrender. A partial withdrawal fee does not apply to
any amount taken as a partial withdrawal under this benefit.  We may accept such
a request  whether or not other  partial  withdrawals  are  available  under the
Policy.  Eligibility  for this waiver  depends on the health of an Insured,  but
only the last  surviving  Insured if there is more than one Insured,  and on the
conditions and  requirements  provided  below.  We delay  processing any partial
withdrawal or surrender for which you have requested a medically-related  waiver
until we receive all our requirements for the medically-related  waiver or until
we determine  that the  transaction  is not eligible for such waiver.  A partial
withdrawal  to which a  medically-related  waiver  applies  results  in the same
consequences  with  respect to the  benefits  and  charges  of this  Policy as a
partial withdrawal that is not eligible for such waiver.

Maximum  Benefit:  This waiver is subject to a maximum.  The  maximum  amount is
based on all insurance  policies and annuities with us for which a named Insured
for this Policy is named as an insured or annuitant. The maximum amount on which
we will waive  charges due on a partial  withdrawal  or  surrender is a combined
$500,000  from  all  such  insurance  policies  and  annuities,   whether  taken
simultaneously or sequentially.

Requirements of the  Medically-Related  Waiver Benefit: The requirements for the
medically-related waiver benefit are:

     (a)  You must make the request for the medically related waiver.

     (b)  Such a request must be In Writing.

     (c)  We receive In Writing  proof  satisfactory  to us that an Insured  was
          first confined to a "Medical Care Facility",  as defined below,  while
          this  Policy  is in  force  and  remains  confined  for  at  least  90
          consecutive days after the Issue Date.

"Medical  Care  Facility",  for  purposes  of this  provision,  means a facility
operated  pursuant to law or any state  licensed  facility  providing  necessary
in-patient  medical  care which is: (a)  prescribed  by a licensed  Physician In
Writing;  and (b) based on physical limitations which prohibit daily living in a
non-institutional setting. "Physician" means a person other than you, an Insured
or a member of either your or an Insured's  family who is state licensed to give
medical care or treatment.

                   American Skandia Life Assurance Corporation

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                                    President