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                                                                   Exhibit 7(a)



                       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 (the
"Registration Statement") of our report dated April 7, 1998, related to the
consolidated financial statements of National Life Insurance Company, which
appear in such Prospectus. We also consent to the reference to us under the
heading "Experts" in the Prospectus.

PRICE WATERHOUSE LLP
Hartford, Connecticut
April 10, 1998