ADMINISTRATIVE SERVICES AGREEMENT



       THIS AGREEMENT is made as of _______________, 20___, by and between USAA

LIFE INSURANCE COMPANY, a stock life insurance company organized under the laws

of the state of Texas and having a place of business in San Antonio, Texas

("USAA Life"), and USAA INVESTMENT MANAGEMENT COMPANY, a corporation under the

laws of the state of Delaware and having a place of business in San Antonio,

Texas ("IMCO").



                                   RECITALS



       The USAA Life Investment Trust (the "Trust") is an open-end management

investment company registered under the Investment Company Act of 1940 (the

"1940 Act"), as amended, whose shares are registered under the Securities Act of

1933 (the "1933 Act"), as amended, and with shares offered in various investment

funds as set forth in Exhibit A (the "Existing Funds") (such funds together with

any funds subsequently established by the Trust for which the Trust retains USAA

Life to provide administrative services being collectively referred to as the

"Funds").



       The Trust makes its shares available for purchase to the Separate Account

of USAA Life Insurance Company and the Life Insurance Separate Account of USAA

Life Insurance Company (the "Separate Accounts"), and to any other separate

accounts of USAA Life or any of USAA Life's subsidiaries or affiliates, and to

separate accounts of non-affiliated life insurance companies (all such eligible

purchasers being referred to collectively as "Purchasers").



       USAA Life issues variable annuity contracts and variable life insurance

policies (collectively "Contracts") funded through the Separate Accounts. In

addition, USAA Life invests certain assets of the Separate Accounts in the Trust

for the benefit of the owners of the Contracts ("Contract Owners").



       USAA Life desires to retain IMCO to provide certain administrative

services to the Trust on USAA Life's behalf, and IMCO is willing to provide such

services.





                                  AGREEMENT



       In consideration of the agreements contained herein, and for other good

and valuable consideration, receipt of which is hereby acknowledged, USAA Life

and IMCO agree as follows:



1.     APPOINTMENT OF IMCO



       (a)  USAA Life appoints IMCO to provide administrative services for the

period and on the terms set forth in this Agreement. Such services are provided

to the Trust on behalf of USAA Life in connection with the Administrative

Services Agreement between USAA Life and the Trust dated __________________,

20__. IMCO accepts such appointment and agrees to render the services herein

set forth for the compensation herein provided.



       (b)  IMCO shall be subject to the direction and control of USAA Life and

the Trust in providing services under this Agreement, and shall provide such

services in compliance with all applicable provisions of the Trust's Master

Trust Agreement, Bylaws, Prospectus, and any applicable federal or state laws

and regulations.

{PAGE}



2.     DUTIES OF IMCO



       IMCO shall provide administrative services to the Trust on behalf of USAA

Life; provided, that IMCO shall not have any obligation under this Agreement to

provide any services related to the distribution of fund shares or any other

services that are the subject of separate agreements or arrangements between

IMCO and USAA Life, or IMCO and the Trust. Subject to the foregoing, IMCO shall

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