February 2009

A Message About Assurity Life's Financial Strength and Investment Results

Dear Valued Policyholders, Distributors and Friends:

Thank you for visiting our company’s Web site. Whether you are an Assurity Life policyholder, distributor, or are considering placing your business with our company, we appreciate your interest. Or, if you’re thinking about employment with Assurity, we hope you will contact us.

At Assurity, we take our mission of “helping people through difficult times” very seriously. Whether it’s the death of a loved one, disability, accident, critical illness or the need for retirement planning or long-term care, we will be there to help.

In these tumultuous economic times, I thought information about Assurity’s strong overall financial condition and consistent, successful investment results might be helpful. This environment causes all of us to contemplate the relative financial strength of those institutions with which we choose to do business. It gives me great pleasure to provide you with information about Assurity’s overall investment philosophy and performance, and our solid financial position.

Investment Performance
Assurity Life has no direct exposure to sub-prime mortgages, Alt-A mortgages or any of the other exotic financial instruments causing so much pain in our economy. This decision is consistent with our company’s century-old investment strategy that puts the financial security of our policyholders first and foremost. Our investment team is a very talented group of seasoned investment professionals. In addition, a high degree of diversification across many different asset classes is a strategy that has served our investment process very well.

Outstanding Financial Strength
Our financial results in 2008 also reflect the financial strength of Assurity Life. Our operating income of $18.6 million was approximately $5.5 million more than in 2007. Our key capital ratios reflect a very strong company. Our risk-based capital ratio as of Dec. 31, 2008 was 580 percent. Our capital to assets ratio stood at 10.8 percent. These results are further supported by our A.M. Best rating of A- (Excellent)* with a stable outlook.

I hope you find it reassuring that Assurity Life’s financial position remains very strong. We will never break stride with those conservative, prudent financial and investment strategies that have positioned us so well to deal with these uncertain times and markets during our company’s 118-year legacy. Our guiding mission of helping people through difficult times will always remain in the forefront of everything we do. My sincere thanks for the continued faith you place in Assurity Life. We will continue to work hard to maintain your trust and confidence.

Sincerely,