1
 
                       CONSENT OF INDEPENDENT ACCOUNTANTS
 
     We hereby consent to the use in the Prospectus constituting part of this
Pre-Effective Amendment No. 1 to the registration statement on Form S-6
(Registration No. 333-71677)(the "Registration Statement") of our report dated
February 15, 1999, except for Note 17(b) as to which the date is March 22, 1999,
relating to the consolidated financial statements of MONY Life Insurance Company
and Subsidiaries, formerly known as The Mutual Life Insurance Company of New
York and Subsidiaries, which appears in such Prospectus. We also consent to the
reference to our Firm under the headings "Independent Accountants" and
"Financial Statements" in such Prospectus.
 
PricewaterhouseCoopers LLP
 
New York, New York
March 29, 1999