Ameritas Direct The No-Load Insurance Pioneer

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Calvert Variable Products, Inc.

Calvert Investment Management, Inc. (CIM) is the Investment Advisor to the Calvert family of funds, overseeing over $11.5 billion in assets in a a broad range of equity, fixed-income, balanced and asset allocation funds. CIM's Equities Department oversees the firm's nine world-class equity sub-advisors who provide expertise in their areas of specialization and offer investors a broad spectrum of investment styles and objectives. CIM directly manages a full family of fixed-income portfolios for individual and institutional accounts. CIM's investment team employs a relative-value strategy, seeking to uncover investment opportunities often overlooked by Wall Street. Calvert is an affiliate of Ameritas Life Insurance Corp. and Ameritas Investment Corp.

Investment Option Firm/Fund Calvert Variable Products	Asset Category	Risk/Reward Potential	Objective/Primary Investments
VP EAFE International Index	Large Cap International	1 2 3 4 5	Seeks investment results that correspond to the total return of performance of common stocks represented by the Morgan Stanley Capital International EAFE (standard) index. ^1,2
VP Natural Resources	Natural Resources	1 2 3 4 5	Seeks primarily to provide capital growth, consistent with appropriate risk levels, by investing in a portfolio of various exchange-traded funds and exchange-traded notes representing different natural resources exposures.²

¹Foreign securities, foreign currencies and securities issued by U.S. entities with substantial foreign operations can involve additional risk relating to political, economic or regulatory conditions in foreign countries and are greater in emerging markets. These risks include fluctuations in foreign currencies; withholding or other taxes; trading, settlement, custodial and other operational risk; and the less stringent investor protection and disclosure standards of some foreign markets.

²A portfolio that concentrates its investments in one economic sector or geographic region faces the risk of higher share-price volatility.

Information on the risk ranking of investment options is provided by Ameritas Life Insurance Corp.'s Investment Products Group and is provided as impersonal information and not as investment advice. The Investment Products Group is not advising you personally concerning the nature, potential, value or suitability of any particular investment option. The provision of a risk ranking does not constitute a recommendation that any particular investment option is suitable for any specific person. Risk rankings are prepared from sources believed to be reliable, but the sources are not guaranteed and may not be accurate. Please consult with your own advisers concerning the advisability of selecting particular investment options within your policy. Risk rankings range from “1” (lower risk and lower reward potential) to “5” (higher risk and higher reward potential).

Ameritas No-Load Variable Annuity (Form 6150) and GLWB Rider (form 4901) are issued by Ameritas Life Insurance Corp. and underwritten by affiliate Ameritas Investment Corp. Product not available in NY.

Variable annuities are suitable for long-term investing, particularly for retirement, and are subject to investment risk, including possible loss of principal. Before investing, carefully consider the investment objectives, risks, charges, expenses and other important information about the policy issuer and underlying investment options. This information can be found in the policy prospectus and investment option prospectuses available on this website or by calling 800-555-0955. Read the prospectuses carefully before investing.

ADVAW 003 Rev. 5-11