ALPINE LIFE INSURANCE COMPANY
                                          
                                          
                                 POWER OF ATTORNEY
                                          
                                  Gregory A. Boyko
                                    Lynda Godkin
                                  Thomas M. Marra
                                  Lowndes A. Smith
                               David M. Znamierowski
                                          
                                          
                                          
do hereby jointly and severally authorize Lynda Godkin, Marianne O'Doherty, 
and Thomas S. Clark to sign as their agent, any Registration Statement, 
pre-effective amendment, post-effective amendment and any application for 
exemptive relief of the Alpine Life Insurance Company under the Securities 
Act of 1933 and/or the Investment Company Act of 1940.

/s/ Gregory A. Boyko                           Dated as of October 1, 1998
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Gregory A. Boyko

/s/ Lynda Godkin                               Dated as of October 1, 1998
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Lynda Godkin

/s/ Thomas M. Marra                           Dated as of October 1, 1998
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Thomas M. Marra

/s/ Lowndes A. Smith                           Dated as of October 1, 1998
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Lowndes A. Smith

/s/ David M. Znamierowski                      Dated as of October 1, 1998
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David M. Znamierowski