EXHIBIT 5.

                      CONSENT OF INDEPENDENT ACCOUNTANTS

   We hereby consent to the use in this Registration Statement on Form S-6
(Registration Statement No. 333-40554) of our reports dated April 12, 2002
relating to the financial statements of the Subaccounts of MONY Variable
Account L -- Strategist, MONYEquity Master, MONY Custom Equity Master and MONY
Custom Estate Master, our report dated April 12, 2002 relating to the combined
financial statements of MONY Variable Account L, and our report dated February
7, 2002 relating to the consolidated financial statements of MONY Life
Insurance Company and Subsidiaries, each of which appears in such Registration
Statement. We also consent to the references to us under the headings
"Financial Statements" and "Independent Accountants" in such Registration
Statement.

PricewaterhouseCoopers LLP

New York, New York
November 7, 2002