<PAGE> 1
File No. 811-____
===============================================================================
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-8B-2
REGISTRATION STATEMENT OF UNIT INVESTMENT TRUSTS
WHICH ARE CURRENTLY ISSUING SECURITIES
Pursuant to Section 8(b) of the Investment Company Act of 1940
KILICO VARIABLE SEPARATE ACCOUNT-2
(Name of Unit Investment Trust)
Not the issuer of periodic payment plan certificates.
X Issuer of periodic payment plan certificates.
---
<PAGE> 2
I. ORGANIZATION AND GENERAL INFORMATION
1. (a) Furnish name of the trust and the Internal Revenue Service Employer
Identification Number.
KILICO Variable Separate Account-2 (the "Separate Account"). There
is no Internal Revenue Service Employer Identification Number for the
Separate Account.
(b) Furnish title of each class or series of securities issued by
the trust.
Units of interest in the Separate Account under Flexible Premium
Variable Life Insurance Policies (the "Policies").
2. Furnish name and principal business address and zip code and the Internal
Revenue Service Employer Identification Number of each depositor of the
trust.
Kemper Investors Life Insurance Company
(the "Company" or "KILICO")
1 Kemper Drive
Long Grove, IL 60049
IRS Employer Identification Number: 36-3050975
3. Furnish name and principal business address and zip code and the Internal
Revenue Service Employer Identification Number of each custodian or
trustee of the trust indicating for which class or series of securities
each custodian or trustee is acting.
There is no custodian or trustee.
4. Furnish name and principal business address and zip code and the Internal
Revenue Service Employer Identification Number of each principal
underwriter currently distributing securities of the trust.
No Policies are being currently distributed. When such distribution
commences, the principal underwriter will be:
Investors Brokerage Services, Inc.
1 Kemper Drive
Long Grove, Illinois 60049
IRS Employer Identification Number: 36-2693816
5. Furnish name of state or other sovereign power, the laws of which govern
with respect to the organization of the trust.
2
<PAGE> 3
Illinois
6. (a) Furnish the dates of execution and termination of any indenture or
agreement currently in effect under the terms of which the trust was
organized and issued or proposes to issue securities.
The Separate Account was established pursuant to Illinois law by
resolution of the Board of Directors of the Company adopted on June
17, 1997. The Separate Account will continue in existence until its
complete liquidation and the distribution of its assets to the
persons entitled to receive them. The resolution authorizes the
issuance of the Policies.
(b) Furnish the dates of execution and termination of any
indenture or agreement currently in effect pursuant to which the
proceeds of payments on securities issued or to be issued by the
trust are held by the custodian or trustee.
Not applicable, for the reasons set forth under Item 3, which is
incorporated herein by reference.
7. Furnish in chronological order the following information with respect to
each change of name of the trust since January 1, 1930. If the name has
never been changed, so state.
The Separate Account has never been known by any other name.
8. State the date on which the fiscal year of the trust ends.
The fiscal year of the Separate Account ends on December 31.
9. MATERIAL LITIGATION. Furnish a description of any pending legal
proceedings, material with respect to the security holders of the trust by
reason of the nature of the claim or the amount thereof, to which the
trust, the depositor, or the principal underwriter is a party or of which
the assets of the trust are the subject, including the substance of the
claims involved in such proceeding and the title of the proceeding.
Furnish a similar statement with respect to any pending administrative
proceeding commenced by a governmental authority or any such proceeding or
legal proceeding known to be contemplated by a governmental authority.
Include any proceeding which, although immaterial itself, is
representative of, or one of, a group which in the aggregate is material.
There is no litigation pending to which the Separate Account is a party.
II. GENERAL DESCRIPTION OF THE TRUST AND SECURITIES OF THE TRUST
GENERAL INFORMATION CONCERNING THE SECURITIES OF THE TRUST AND THE RIGHTS OF
HOLDERS.
3
<PAGE> 4
10. Furnish a brief statement with respect to the following matters for each
class or series of securities issued by the trust:
(a) Whether the securities are of the registered or bearer type;
The Policies which are to be issued are of the registered type
insofar as all Policies are owned by the person(s) named in a
Policy as the Owner (the "Owner"), and the records concerning the
Owner are maintained by or on behalf of the Company.
(b) Whether the securities are of the cumulative or distributive
type;
The Policies are of the cumulative type, providing for no direct
distribution of income, dividends or capital gains. Such amounts
are not separately identifiable but are reflected in the Policy
values and death benefit under a Policy at any time.
(c) The rights of security holders with respect to withdrawal or
redemption;
See "Summary," "Policy Benefits and Rights -- Surrender Privilege,"
and "Policy Benefits and Rights -- Free-Look Period and Exchange
Rights" in the Prospectus in Exhibit D, incorporated herein by
reference.
(d) The rights of security holders with respect to conversion,
transfer, partial redemption and similar matters;
See "Summary," "The Policy -- Allocation of Premiums and Separate
Account Value," "Policy Benefits and Rights--Surrender Privilege,"
"Dollar Cost Averaging" and "Systematic Withdrawal Plan" in the
Prospectus in Exhibit D, incorporated herein by reference.
(e) If the trust is the issuer of periodic payment plan
certificates, the substance of the provisions of any indenture or
agreement with respect to lapses or defaults by security holders in
making principal payments, and with respect to reinstatement;
See "Summary" and "The Policy -- Policy Lapse and Reinstatement" in
the Prospectus in Exhibit D, incorporated herein by reference.
(f) The substance of the provisions of any indenture or agreement
with respect to voting rights, together with the names of any
persons other than security holders given the right to exercise
voting rights pertaining to the trust's securities or the underlying
securities and the relationship of such persons to the trust;
See "Voting Interests" in the Prospectus in Exhibit D, incorporated
herein by reference.
4
<PAGE> 5
(g) Whether security holders must be given notice of any change
in:
(1) the composition of the assets of the trust;
See "The Funds -- Change of Investments" in the Prospectus in
Exhibit D, incorporated herein by reference. Except to the
extent described in the Prospectus, no changes in the terms and
conditions of the Policies can be made without notice to and/or
consent of Policy Owners. As described in the response to other
items of this form, however, the Policies permit the Company to
exercise discretion in changing certain fees and charges,
restricting certain Policy Owner rights and taking certain other
actions.
(2) the terms and conditions of the securities issued by the trust;
See (g)(1) above, which is incorporated herein by reference.
(3) the provisions of any indenture or agreement of the trust;
No notice to or consent from Owners is required in connection
with any change in the provisions of the resolution of the
Company's Board of Directors pursuant to which the Separate
Account was established and the Policies will be issued.
(4) the identity of the depositor, trustee or custodian;
There is no requirement for notice to, or consent of Owners
with respect to any change in the identity of the Separate
Account's depositor.
(h) Whether the consent of security holders is required in order for
action to be taken concerning any change in:
(1) the composition of the assets of the trust;
See (g)(1) above, which is incorporated herein by reference.
(2) the terms and conditions of the securities issued by the trust;
See (g)(3) above, which is incorporated herein by reference.
(3) the provisions of any indenture or agreement of the trust;
See (g)(1) above, which is incorporated herein by reference.
(4) the identity of the depositor, trustee or custodian;
5
<PAGE> 6
See (g)(4) above, which is incorporated herein by reference.
(i) Any other principal feature of the securities issued by the trust or
any other principal right, privilege or obligation not covered by
subdivisions (a) to (g) or by any other item in this form.
See "Premiums" and "Allocation of Premiums and Separate Account Value"
under "The Policy," "Policy Benefits and Rights," "General
Provisions" and "Federal Tax Matters" in the Prospectus in Exhibit D,
incorporated herein by reference.
INFORMATION CONCERNING THE SECURITIES UNDERLYING THE TRUST'S SECURITIES.
11. Describe briefly the kind or type of securities comprising the unit of
specified securities in which security holders have an interest. If the
trust owns or will own any securities of its regular brokers or dealers as
defined in Rule 10b-1 under the Act, or their parents, identify those
brokers or dealers and state the value of the registrant's aggregate
holdings of the securities of each subject issuer as of the close of the
registrant's most recent fiscal year.
The Owner will not be the owner of the securities held in the Separate
Account, although the value of those securities will be used to calculate
Policy benefits. The securities are owned by the Company but held in the
Separate Account pursuant to Illinois insurance laws governing the
operation of separate accounts. The securities held in the Separate
Account will be shares of the Funds described in Item 12. The Funds are
registered, open-end management investment companies organized as series
companies within the meaning of Section 18(f)(2) of the 1940 Act. The
Funds will utilize the investment advisory services of Zurich Kemper
Investments, Inc. ("ZKI"), Dreman Value Advisors, Inc., Evergreen Asset
Management Corp., Keystone Investment Management Company and Capital
Management Group of First Union National Bank of North Carolina.
The investment objectives of the Investors Fund Series portfolios in which
the Separate Account invests are as follows:
MONEY MARKET PORTFOLIO: This Portfolio seeks maximum current income to
the extent consistent with stability of principal from a portfolio of high
quality money market instruments that mature in twelve months or less.
TOTAL RETURN PORTFOLIO: This Portfolio seeks a high total return, a
combination of income and capital appreciation, by investing in a
combination of debt securities and common stocks.
HIGH YIELD PORTFOLIO: This Portfolio seeks a high level of current
income by investing in fixed-income securities.
6
<PAGE> 7
GROWTH PORTFOLIO: This Portfolio seeks maximum appreciation of capital
through diversification of investment securities having potential for
capital appreciation.
GOVERNMENT SECURITIES PORTFOLIO: This Portfolio seeks high current
return consistent with preservation of capital from a portfolio composed
primarily of U.S. Government securities.
INTERNATIONAL PORTFOLIO: This Portfolio seeks a total return, a
combination of capital growth and income, principally through an
internationally diversified portfolio of equity securities.
SMALL CAP GROWTH PORTFOLIO: This Portfolio seeks maximum appreciation of
investors' capital from a portfolio primarily of growth stocks of smaller
companies.
INVESTMENT GRADE BOND PORTFOLIO: This Portfolio seeks high current
income by investing primarily in a diversified portfolio of investment
grade debt securities.
VALUE PORTFOLIO: This Portfolio seeks to achieve a high rate of total
return from a portfolio primarily of value stocks of larger companies.
SMALL CAP VALUE PORTFOLIO: This Portfolio seeks long-term capital
appreciation from a portfolio primarily of value stocks of small
companies.
VALUE+GROWTH PORTFOLIO: This Portfolio seeks growth of capital through
professional management of a portfolio of growth and value stocks.
HORIZON 20+ PORTFOLIO: This Portfolio, designed for investors with
approximately a 20+ year investment horizon, seeks growth of capital, with
income as a secondary objective.
HORIZON 10+ PORTFOLIO: This Portfolio, designed for investors with
approximately a 10+ year investment horizon, seeks a balance between
growth of capital and income, consistent with moderate risk.
HORIZON 5 PORTFOLIO: This Portfolio, designed for investors with
approximately a 5 year investment horizon, seeks income consistent with
preservation of capital, with growth of capital as a secondary objective.
BLUE CHIP PORTFOLIO: This Portfolio seeks growth of capital and of income.
GLOBAL INCOME PORTFOLIO: This Portfolio seeks to provide high current
income consistent with prudent total return asset management.
7
<PAGE> 8
The investment objectives of the Evergreen Variable Trust portfolios in
which the Separate Account invests are as follows:
EVERGREEN VA FUND: This Portfolio seeks to achieve capital appreciation
by investing in the securities of little-known or relatively small
companies, or companies undergoing changes which the Portfolio's
investment adviser believes will have favorable consequences. Income will
not be a factor in the selection of portfolio investments.
EVERGREEN VA GROWTH AND INCOME FUND: This Portfolio seeks to achieve a
return composed of capital appreciation in the value of its shares and
current income. The Portfolio will attempt to meet its objective by
investing in the securities of companies which are undervalued in the
marketplace relative to those companies' assets, breakup value, earnings,
or potential earnings growth.
EVERGREEN VA FOUNDATION FUND: This Portfolio seeks, in order of priority,
reasonable income, conservation of capital and capital appreciation. The
Portfolio invests principally in income-producing common and preferred
stocks, securities convertible into or exchangeable for common stocks and
fixed income securities.
EVERGREEN VA GLOBAL LEADERS FUND: This Portfolio seeks to achieve capital
appreciation by investing primarily in a diversified portfolio of U.S. and
non-U.S. equity securities of companies located in the world's major
industrialized countries. The Portfolio's investment adviser will attempt
to screen the largest companies in the world's major industrialized
countries and cause the Portfolio to invest, in the opinion of the
Portfolio's investment adviser, in the 100 best based on certain
qualitative and quantitative criteria.
EVERGREEN VA STRATEGIC INCOME FUND: This Portfolio seeks high current
income from interest on debt securities and, secondarily, considers
potential for growth of capital in selecting securities.
EVERGREEN VA AGGRESSIVE GROWTH FUND: This Portfolio seeks long-term
capital appreciation by investing primarily in common stocks of emerging
growth companies and in larger, more well established companies, all of
which are viewed by the Portfolio's investment adviser as having above
average appreciation potential.
12. If the trust is the issuer of periodic payment plan certificates and if
any underlying securities were issued by another investment company,
furnish the following information for each such company:
(a) Name of company;
Investors Fund Series and Evergreen Variable Trust.
8
<PAGE> 9
(b) Name and principal business address of depositor;
Not applicable.
(c) Name and principal business address of trustee or custodian;
Investors Fund Series:
----------------------
Investors Fiduciary Trust Company
127 West 10th Street
Kansas City, Missouri 64105
(Custodian)
State Street Bank and Trust Company
225 Franklin Street
Boston, Massachusetts 02110
(Sub-custodian)
The Chase Manhattan Bank
Chase MetroTech Center
Brooklyn, New York 11245
(Custodian)
Evergreen Variable Trust:
-------------------------
State Street Bank and Trust Company
225 Franklin Street
Boston, Massachusetts 02110
(d) Name and principal business address of principal underwriter;
Investors Fund Series:
----------------------
Zurich Kemper Distributors, Inc.
222 South Riverside Plaza
Chicago, Illinois 60606
Evergreen Variable Trust:
-------------------------
Not applicable. Distributor: Evergreen Keystone Funds Distributor,
Inc., 2500 Westchester Avenue, 4th Floor, Purchase, New York, 10577.
9
<PAGE> 10
(e) The period during which the securities of such company have been the
underlying securities.
No underlying securities have to date been acquired by the Separate
Account.
INFORMATION CONCERNING LOADS, FEES, CHARGES AND EXPENSES.
13. (a) Furnish the following information with respect to each load, fee,
expense or charge to which (1) principal payments; (2) underlying
securities; (3) distributions; (4) cumulated or reinvested
distributions or income; and (5) redeemed or liquidated assets of the
trust's securities are subject:
(A) the nature of such load, fee, expense, or charge;
(B) the amount thereof;
(C) the name of the person to whom such amounts are paid and his
relationship to the trust;
(D) the nature of the services performed by such person in
consideration for such load, fee, expense, or charge.
For sub-paragraphs (A) to (D) of this sub-item, see "Summary"
and "Charges and Deductions" in the Prospectus in Exhibit D,
incorporated herein by reference.
(b) For each installment payment type of periodic payment plan
certificate of the trust, furnish the following information with
respect to sales load and other deductions from principal payments.
See "Charges and Deductions" in the Prospectus in Exhibit D,
incorporated herein by reference.
(c) State the amount of total deductions as a percentage of the
net amount invested for each type of security issued by the trust.
State each different sales charge available as a percentage of the
public offering price and as a percentage of the net amount
invested. List any special purchase plans or methods established by
rule or exemptive order that reflect scheduled variations in, or
elimination of, the sales load, and identify each class of
individuals or transactions to which such plans apply.
See (a) and (b) above, which are incorporated herein by reference.
10
<PAGE> 11
(d) Explain fully the reasons for any difference in the price at which
securities are offered generally to the public, and the price at
which securities are offered for any class of transactions to any
class or group of individuals, including officers, directors, or
employees of the depositor, trustee, custodian, or principal
underwriter.
See "Cost of Insurance Charge" and "Other Charges--Reduction of
Charges" under "Charges and Deductions" in the Prospectus in Exhibit
D, incorporated herein by reference.
(e) Furnish a brief description of any loads, fees, expenses or charges
not covered in Item 13(a) which may be paid by security holders in
connection with the trust or its securities.
None
(f) State whether the depositor, principal underwriter, custodian
or trustee, or any affiliated person of the foregoing may receive
profits or other benefits not included in answer to Item 13(a) or
13(d) through the sale or purchase of the trust's securities or
interests in such securities, or underlying securities or interests
in underlying securities, and describe fully the nature and extent of
such profits or benefits.
None
(g) State the percentage that the aggregate annual charges and deductions
for maintenance and other expenses of the trust bear to the dividend
and interest income from the trust property during the period covered
by the financial statements filed herewith.
Not applicable since the Separate Account has not yet commenced
operations.
INFORMATION CONCERNING THE OPERATIONS OF THE TRUST.
14. Describe the procedure with respect to applications (if any) and the
issuance and authentication of the trust's securities, and state the
substance of the provisions of any indenture or agreement pertaining
thereto.
See "Policy Issue" and "Premiums" under "The Policy" in the Prospectus in
Exhibit D, incorporated herein by reference.
15. Describe the procedure with respect to the receipt of payments from
purchasers of the trust's securities and the handling of the proceeds
thereof, and state the substance of the provisions of any indenture or
agreement pertaining thereto.
11
<PAGE> 12
See "Premiums" and "Allocation of Premiums and Separate Account Value"
under "The Policy" and "Policy Benefits and Rights" in the Prospectus in
Exhibit D, incorporated herein by reference.
16. Describe the procedure with respect to the acquisition of underlying
securities and the disposition thereof, and state the substance of the
provisions of any indenture or agreement pertaining thereto.
See "The Policy--Allocation of Premiums and Separate Account Value" in
the Prospectus in Exhibit D incorporated herein by reference.
17. (a) Describe the procedure with respect to withdrawal or redemption by
security holders.
The procedures with respect to withdrawal or redemption by security
holders are described in response to Items 10(c) and 10(d), which are
incorporated herein by reference.
(b) Furnish the names of any persons who may redeem or repurchase, or
are required to redeem or repurchase, the trust's securities or
underlying securities from security holders, and the substance of
the provisions of any indenture or agreement pertaining thereto.
See Items 10(c), 10(d) and 10(e) and 17(a), which are incorporated
herein by reference.
(c) Indicate whether repurchased or redeemed securities will be
cancelled or may be resold.
Not applicable. Separate Account assets are used to support
benefits and amounts payable under a Policy and there is no limit on
the amount of Separate Account interests that may be sold.
18. (a) Describe the procedure with respect to the receipt, custody and
disposition of the income and other distributable funds of the trust
and state the substance of the provisions of any indenture or
agreement pertaining thereto.
See "The Funds" in the Prospectus in Exhibit D, incorporated herein
by reference.
(b) Describe the procedure, if any, with respect to the reinvestment of
distributions to security holders and state the substance of the
provisions of any indenture or agreement pertaining thereto.
12
<PAGE> 13
See "Policy Benefits and Rights--Cash Value" in the Prospectus in
Exhibit D, incorporated herein by reference.
(c) If any reserves or special funds are created out of income or
principal, state with respect to each such reserve or fund the
purpose and ultimate disposition thereof, and describe the manner of
handling of same.
The assets of the Separate Account which are allocable to the
Policies constitute a reserve for the payment of benefits under the
Policies. The general assets of the Company are also available to
satisfy the Company's contractual obligations under the Policies.
(d) Submit a schedule showing the periodic and special distributions
which have been made to security holders during the three years
covered by the financial statements filed herewith. State for each
such distribution the aggregate amount and amount per share. If
distributions from sources other than current income have been made,
identify each such other source and indicate whether such
distribution represents the return of principal payments to security
holders. If payments other than cash were made describe the nature
thereof, the account charged and the basis of determining the amount
of such charge.
Not applicable.
19. Describe the procedure with respect to the keeping of records and
accounts of the trust, the making of reports and the furnishing of
information to security holders, and the substance of the provisions of
any indenture or agreement pertaining thereto.
The Company has responsibility for all administration of the Policies.
Under an Underwriting Agreement among the Company on its own behalf and on
behalf of the Separate Account, and Investors Brokerage Services, Inc.,
the Company, among other things, will maintain the records and books of
the Separate Account. It also will maintain records of the name, address,
taxpayer identification number, and other pertinent information for each
Owner and the number and type of Policy issued to each such Owner and
records with respect to the Cash Value, Surrender Value, Accumulation Unit
Value and the Death Benefit of each Policy.
See "General Provisions--Records and Reports" in the Prospectus in
Exhibit D, incorporated herein by reference.
20. State the substance of the provisions of any indenture or agreement
concerning the trust with respect to the following:
(a) Amendments to such indenture or agreement;
13
<PAGE> 14
Item 10(g) is incorporated herein by reference.
(b) The extension or termination of such indenture or agreement;
Item 6(a) is incorporated herein by reference.
(c) The removal or resignation of the trustee or custodian, or the
failure of the trustee or custodian to perform its duties,
obligations and functions;
Not applicable, for the reasons set forth in Item 3, which is
incorporated herein by reference.
(d) The appointment of a successor trustee and the procedure if a
successor trustee is not appointed;
Not applicable.
(e) The removal or resignation of the depositor, or the failure of the
depositor to perform its duties, obligations and functions;
There are no provisions relative to the removal or resignation of
the depositor or the failure of the depositor to perform its duties,
obligations and functions. The Company is bound under the Policies and
Illinois insurance law to carry out its obligations and those of the
Separate Account under the Policies.
(f) The appointment of a successor depositor and the procedure if a
successor depositor is not appointed.
There are no provisions relating to the appointment of a successor
depositor or the procedure if a successor depositor is not appointed.
The Company is bound under the Policies and Illinois insurance law to
carry out its obligations (including those with respect to the
Separate Account) under the Policies.
21. (a) State the substance of the provisions of any indenture or agreement
with respect to loans to security holders.
See "Policy Benefits and Rights--Policy Loans" in the Prospectus in
Exhibit D, incorporated herein by reference.
(b) Furnish a brief description of any procedure or arrangement by which
loans are made available to security holders by the depositor,
principal underwriter, trustee or custodian, or any affiliated
person of the foregoing. The following items should be covered:
14
<PAGE> 15
(1) the name of each person who makes such agreements or
arrangements with security holders;
(2) the rate of interest payable on such loans;
(3) the period for which loans may be made;
(4) costs or charges for default in repayment at maturity;
(5) other material provisions of the agreement or arrangements.
Item 21(a) is incorporated herein by reference.
(c) If such loans are made, furnish the aggregate amount of loans
outstanding at the end of the last fiscal year, the amount of
interest collected during the last fiscal year allocated to the
depositor, principal underwriter, trustee or custodian or affiliated
person of the foregoing and the aggregate amount of loans in default
at the end of the last fiscal year covered by financial statements
filed herewith.
Not applicable, since no Policies have yet been sold.
22. State the substance of the provisions of any indenture or agreement with
respect to limitations on the liabilities of the depositor, trustee or
custodian, or any other party to such indenture or agreement.
There are no such provisions.
23. Describe any bonding arrangement for officers, directors, partners or
employees of the depositor or principal underwriter of the trust,
including the amount of coverage and the type of bond.
The Company is covered by a Financial Institution Bond of $25,000,000
issued by Federal Insurance Company, Continental Insurance Company and
Gulf Insurance Company, as co-sureties. Investors Brokerage Services,
Inc. is covered by an investment company blanket bond issued by National
Union Fire Insurance Company (AIG Group) for $500,000 single limit,
$1,000,000 aggregate.
24. State the substance of any other material provisions of any indenture or
agreement concerning the trust or its securities and a description of any
other material functions or duties of the depositor, trustee or custodian
not stated in Item 10 or Items 14 to 23 inclusive.
None
15
<PAGE> 16
III. ORGANIZATION, PERSONNEL AND AFFILIATED PERSONS OF DEPOSITOR
ORGANIZATION AND OPERATIONS OF DEPOSITOR.
25. State the form of organization of the depositor of the trust, the name of
the state or other sovereign power under the laws of which the depositor
was organized and the date of organization,
See "KILICO and the Separate Account -- Kemper Investors Life Insurance
Company" in the Prospectus in Exhibit D, incorporated herein by reference.
26. (a) Furnish the following information with respect to all fees received
by the depositor of the trust in connection with the exercise of any
functions or duties concerning securities of the trust during the
period covered by the financial statements filed herewith: (Chart
omitted)
The Company has not received any such fees as yet.
(b) Furnish the following information with respect to any fee or any
participation in fees received by the depositor from any underlying
investment company or any affiliated person or investment adviser of
such company:
(1) the nature of such fee or participation;
(2) the name of the person making payment;
(3) the nature of the services rendered in consideration for such
fee or participation;
(4) the aggregate amount received during the last fiscal year
covered by the financial statements filed herewith.
The Company has not received any such fees.
27. Describe the general character of the business engaged in by the
depositor including a statement as to any business other than that of
depositor of the trust. If the depositor acts or has acted in any
capacity with respect to any investment company or companies other than
the trust, state the name or names of such company or companies, their
relationship, if any, to the trust, and the nature of the depositor's
activities therewith. If the depositor has ceased to act in such named
capacity, state the date of and circumstances surrounding such cessation.
The Company is a life insurance company, currently authorized to do
business in 49 states and the District of Columbia.
16
<PAGE> 17
OFFICIALS AND AFFILIATED PERSONS OF DEPOSITOR.
28. (a) Furnish as at latest practicable date the following information with
respect to the depositor of the trust, with respect to each officer,
director, or partner of the depositor, and with respect to each
natural person directly or indirectly owning, controlling or holding
with power to vote five percent or more of the outstanding voting
securities of the depositor.
Items 29 and 30 are incorporated herein by reference.
(b) Furnish a brief statement of the business experience during the last
five years of each officer, director or partner of the depositor.
See "Directors and Officers of KILICO" in the Prospectus in Exhibit
D, incorporated herein by reference.
COMPANIES OWNING SECURITIES OF DEPOSITOR.
29. Furnish as at latest practicable date the following information with
respect to each company which directly or indirectly owns, controls or
holds with power to vote five percent or more of the outstanding voting
securities of the depositor.
17
<PAGE> 18
As of August 26, 1997
KEMPER CORPORATION
1 Kemper Drive
Long Grove, Illinois 60049
(Name and Principal Business Address, Nature of Business)
<TABLE>
<CAPTION>
OWNERSHIP OF ALL SECURITIES OF THE DEPOSITOR
----------------------------------------------------------------------------------------
SECURITIES OWNED OF RECORD SECURITIES OWNED OF RECORD SECURITIES OWNED
WHICH ARE ALSO OWNED WHICH ARE NOT OWNED BENEFICIALLY WHICH ARE NOT
BENEFICIALLY BENEFICIALLY OWNED OF RECORD
----------------------------------------------------------------------------------------
TITLE OF PERCENT OF PERCENT OF PERCENT OF
CLASS AMOUNT CLASS AMOUNT CLASS AMOUNT CLASS
- ------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
Common 0 0 250,000 100% 0 0
</TABLE>
CONTROLLING PERSONS.
30. Furnish as at latest practicable date the following information with
respect to any person, other than those covered by Items 28, 29 and 42 who
directly or indirectly controls the depositor.
Not applicable
COMPENSATION OF OFFICERS AND DIRECTORS OF DEPOSITOR.
COMPENSATION OF OFFICERS OF DEPOSITOR.
31. Furnish the following information with respect to the remuneration for
services paid by the depositor during the last fiscal year covered by
financial statements filed herewith:
(a) Directly to each of the officers or partners of the depositor
directly receiving the three highest amounts of remuneration:
No officer, director or employee has been paid any separate
remuneration by the Company for services with respect to the
Separate Account.
(b) Directly to all officers or partners of the depositor as a group
exclusive of persons whose remuneration is included under Item 31
(a), stating separately the aggregate amount paid by the depositor
itself and the aggregate amount paid by all the subsidiaries.
Item 31(a) is incorporated herein by reference.
18
<PAGE> 19
(c) Indirectly or through subsidiaries to each of the officers or
partners of the depositor.
Item 31(a) is incorporated herein by reference.
COMPENSATION OF DIRECTORS.
32. Furnish the following information with respect to the remuneration for
services, exclusive of remuneration reported under Item 31, paid by the
depositor during the last fiscal year covered by financial statements
filed herewith:
(a) The aggregate direct remuneration to directors;
(b) Indirectly or through subsidiaries to directors.
Item 31(a) is incorporated herein by reference.
COMPENSATION TO EMPLOYEES.
33. (a) Furnish the following information with respect to the aggregate
amount of remuneration for services of all employees of the depositor
(exclusive of persons whose remuneration is reported in Items 31 and
32) who received remuneration in excess of $10,000 during the last
fiscal year covered by financial statements filed herewith from the
depositor and any of its subsidiaries.
Item 31(a) is incorporated herein by reference.
(b) Furnish the following information with respect to the remuneration
for services paid directly during the last fiscal year covered
by financial statements filed herewith to the following classes of
persons (exclusive of those persons covered by Item 33(a)): (1) sales
managers, branch managers, district managers and other persons
supervising the sale of registrant's securities; (2) salesmen, sales
agents, canvassers and other persons making solicitations but not in a
supervisory capacity; (3) administrative and clerical employees; and
(4) others (specify). If a person is employed in more than one
capacity, classify according to predominant type of work.
Item 31(a) is incorporated herein by reference.
COMPENSATION TO OTHER PERSONS.
34. Furnish the following information with respect to the aggregate amount of
compensation for services paid any person (exclusive of persons whose
remuneration is reported in Items 31, 32 and 33), whose aggregate
compensation in connection with services
19
<PAGE> 20
rendered with respect to the trust in all capacities exceeded $10,000
during the last fiscal year covered by financial statements filed herewith
from the depositor and any of its subsidiaries:
Not applicable, because the Separate Account has not yet commenced
operations.
IV. DISTRIBUTION AND REDEMPTION OF SECURITIES
DISTRIBUTION OF SECURITIES.
35. Furnish the names of the states in which sales of the trust's securities:
(a) are currently being made, (b) are presently proposed to be made, and
(c) have been discontinued, indicating by appropriate letter the status
with respect to each state.
No sales of the Policies have been made or are currently being made. It
is presently proposed to sell the Policies in all the states, except New
York, to the extent that, and at such time as, the Company obtains
necessary regulatory clearance in such states to do so.
36. If sales of the trust's securities have at any time since January 1, 1936
been suspended for more than a month describe briefly the reasons for such
suspension.
Not applicable.
37. (a) Furnish the following information with respect to each instance
where, subsequent to January 1, 1937, any federal or state governmental
officer, agency, or regulatory body denied authority to distribute
securities of the trust, excluding a denial which was merely a
procedural step prior to any determination by such officer, etc. and
which denial was subsequently rescinded:
(1) name of officer, agency or body;
(2) date of denial;
(3) brief statement of reasons given for denial.
As to (1) through (3), none.
(b) Furnish the following information with regard to each instance where,
subsequent to January 1, 1937, the authority to distribute
securities of the trust has been revoked by any federal or state
governmental officer, agency or regulatory body:
(1) name of officer, agency or body;
20
<PAGE> 21
(2) date of revocation;
(3) brief statement of reasons given for revocation.
As to (1) through (3), none.
38. (a) Furnish a general description of the method of distribution of
securities of the trust.
See "Distribution of Policies" in the Prospectus in Exhibit D,
incorporated herein by reference.
(b) State the substance of any current selling agreement between each
principal underwriter and the trust or the depositor, including
a statement as to the inception and termination dates of the
agreement, any renewal and termination provisions, and any
assignment provisions.
The Company will execute an Underwriting Agreement with Investors
Brokerage Services, Inc. ("IBS") whereby IBS will distribute the
Policies on a best efforts basis. The agreement will be effective on
the date stipulated and will remain effective until terminated by
either party upon not less than 30 days advance written notice and may
not be assigned, except by operation of law.
See Exhibit 1-A(3)(a)
(c) State the substance of any current agreements or arrangements
of each principal underwriter with dealers, agents, salesmen, etc.
with respect to commissions and overriding commissions, territories,
franchises, qualifications and revocations. If the trust is the
issuer of periodic payment plan certificates, furnish schedules of
commissions and the bases thereof. In lieu of a statement
concerning schedules of commissions, such schedules of commissions
may be filed as Exhibit A(3)(c).
See Exhibit 1-A(3)(c) and "Distribution of Policies" in the
Prospectus in Exhibit D, incorporated herein by reference.
INFORMATION CONCERNING PRINCIPAL UNDERWRITER.
39. (a) State the form of organization of each principal underwriter of
securities of the trust, the name of the state or other sovereign
power under the laws of which each underwriter was organized and the
date of organization.
Investors Brokerage Services, Inc. is a corporation organized under
the laws of the State of Delaware on May 27, 1948.
21
<PAGE> 22
(b) State whether any principal underwriter currently distributing
securities of the trust is a member of the National Association of
Securities Dealers, Inc.
Not applicable as trust is not presently distributing securities.
Investors Brokerage Services, Inc. is a member of the NASD.
40. (a) Furnish the following information with respect to all fees received
by each principal underwriter of the trust from the sale of
securities of the trust and any other functions in connection
therewith exercised by such underwriter in such capacity or otherwise
during the period covered by the financial statements filed herewith:
Not applicable, since no Policies have yet been sold.
(b) Furnish the following information with respect to any fee or
any participation in fees received by each principal underwriter
from any underlying investment company or any affiliated person or
investment adviser of such company:
(1) the nature of such fee or participation;
(2) the name of the person making payment;
(3) the nature of the services rendered in consideration for such
fee or participation;
(4) the aggregate amount received during the last fiscal year
covered by the financial statements filed herewith.
The response to Item 40(a) is incorporated herein by reference.
No such fee or any participation in fees are provided for. The
response to Item 13(a) is incorporated herein by reference.
41. (a) Describe the general character of the business engaged in by each
principal underwriter, including a statement as to any business other
than the distribution of securities of the trust. If a principal
underwriter acts or has acted in any capacity with respect to any
investment company or companies, other than the trust, state the name
or names of such company or companies, their relationship, if any, to
the trust and the nature of such activities. If a principal
underwriter has ceased to act in such named capacity, state the date
of and circumstances surrounding such cessation.
IBS acts as a distributor of certain other investment company shares
or units. Certain of such other investment companies are advised by
IBS. IBS also provides investment advisory services for certain of its
affiliated companies, and
22
<PAGE> 23
for pension and other accounts of non-affiliated companies. IBS is a
wholly-owned subsidiary of KILICO.
(b) Furnish as at latest practicable date the address of each branch
office of each principal underwriter currently selling securities of
the trust and furnish the name and residence address of the person in
charge of such office.
Not applicable, since no Policies are currently being sold.
(c) Furnish the number of individual salesmen of each principal
underwriter through whom any of the securities of the trust were
distributed for the last fiscal year of the trust covered by the
financial statements filed herewith and furnish the aggregate amount
of compensation received by such salesmen in such year.
Not applicable, since no sales of Policies have yet been made.
42. Furnish as at latest practicable date the following information with
respect to each principal underwriter currently distributing securities of
the trust and with respect to each of the officers, directors or partners
of such underwriter.
Not applicable, since no Policies are currently being distributed.
43. Furnish, for the last fiscal year covered by the financial statements
filed herewith, the amount of brokerage commissions received by any
principal underwriter who is a member of a national securities exchange
and who is currently distributing the securities of the trust or effecting
transactions for the trust in the portfolio securities of the trust.
Not applicable, since no Policies have yet been sold.
OFFERING PRICE OR ACQUISITION VALUATION OF SECURITIES OF THE TRUST.
44. (a) Furnish the following information with respect to the method of
valuation used by the trust for purposes of determining the offering
price to the public of securities issued by the trust or the
valuation of shares or interests in the underlying securities
acquired by the holder of a periodic payment plan certificate:
(1) the source of quotations used to determine the value of portfolio
securities;
Fund shares are valued at net asset value, as supplied to the
Company by the Funds or their agents.
(2) whether opening, closing, bid, asked or any other price is used;
23
<PAGE> 24
Not applicable.
(3) whether price is as of the day of sale or as of any other time;
Item 16 is incorporated herein by reference.
(4) a brief description of the methods used by registrant for
determining other assets and liabilities including accrual for
expenses and taxes (including taxes on unrealized appreciation);
The Separate Account's assets and liabilities (such as charges
against the Separate Account) are valued in accordance with
generally accepted accounting principles on an accrual basis.
With regard to charges for accrual of an income tax reserve, Item
13(a) is incorporated herein by reference.
(5) other items which registrant adds to the net asset value in
computing offering price of its securities;
Not applicable, for the reasons set forth in Item 44(b), which
is incorporated herein by reference.
(6) whether adjustments are made for fractions:
(i) before adding distributor's compensation (load); and
(ii) after adding distributor's compensation (load):
Not applicable, because the Separate Account does not compute
per-unit values in the manner presupposed by this Item
and Item 44(b), and there are no sales loads with respect to
sales of the Policies. Appropriate adjustments will be made
for fractions in all computations.
(b) Furnish a specimen schedule showing the components of the offering
price of the trust's securities as at the latest practicable date.
Since the Separate Account has not issued any Policies, this item
cannot be answered in the way it contemplates. In return for premiums
paid, the Owners and beneficiaries have insurance coverage in the
amount of the Death Benefit under the Policy, a right to the Surrender
Value of the Policy and an interest in the Cash Value of the Policy.
The manner of calculating these benefits, rights and interests is
described in Items 10(c), (d), (e) and (i), which are incorporated
herein by reference. The fees and charges to which the Policies are
subject are
24
<PAGE> 25
described in Item 13, which is incorporated herein by reference, and
the manner of determining the amount of premium payments under a
Policy is described in Item 44(c), which is incorporated herein
by reference.
(c) If there is any variation in the offering price of the trust's
securities to any person or classes of persons other than
underwriters, state the nature and amount of such variation and
indicate the person or classes of persons to whom such offering is
made.
In setting its premium rates, the Company considers actuarial
estimates of death and cash value benefits, terminations, expenses,
investment experience and amounts to be contributed to the Company's
surplus. For additional information as to how premium rates are set,
see Items 13(c) and 13(a), which are incorporated herein by reference.
45. Furnish the following information with respect to any suspension of the
redemption rights of the securities issued by the trust during the three
fiscal years covered by the financial statements filed herewith:
(a) by whose action redemption rights were suspended;
(b) the number of days' notice given to security holders prior to
suspension of redemption rights;
(c) reason for suspension;
(d) period during which suspension was in effect.
There has been no such suspension.
REDEMPTION VALUATION OF SECURITIES OF THE TRUST.
46. (a) Furnish the following information with respect to the method of
determining the redemption or withdrawal valuation of securities
issued by the trust:
(1) the source of quotations used to determine the value of
portfolio securities;
Item 44(a)(1) is incorporated herein by reference.
(2) whether opening, closing, bid, asked or any other price is used;
Not applicable.
(3) whether price is as of the day of sale or as of any other time;
25
<PAGE> 26
Item 44(a) (3) is incorporated herein by reference.
(4) a brief description of the methods used by registrant for
determining other assets and liabilities including accrual for
expenses and taxes (including taxes on unrealized appreciation);
Item 44(a)(4) is incorporated herein by reference.
(5) other items which registrant deducts from the net asset value in
computing redemption value of its securities;
Item 44(a)(5) is incorporated herein by reference.
(6) whether adjustments are made for fractions.
Item 44(a)(6) is incorporated herein by reference.
(b) Furnish a specimen schedule showing the components of the redemption
price to the holders of the trust's securities as at the latest
practicable date.
To the extent that this paragraph is applicable, see the answers to
Items 44(a) and 46(a), which are incorporated herein by reference.
PURCHASE AND SALE OF INTERESTS IN UNDERLYING SECURITIES FROM AND TO SECURITY
HOLDERS.
47. Furnish a statement as to the procedure with respect to the maintenance
of a position in the underlying securities or interests in the underlying
securities, the extent and nature thereof and the person who maintains
such a position. Include a description of the procedure with respect to
the purchase of underlying securities or interests in the underlying
securities from security holders who exercise redemption or withdrawal
rights and the sale of such underlying securities and interests in the
underlying securities to other security holders. State whether the method
of valuation of such underlying securities or interests in the underlying
securities differs from that set forth in Items 44 and 46. If any item of
expenditure included in the determination of the valuation is not or may
not actually be incurred or expended, explain the nature of such item and
who may benefit from the transaction.
Item 16 is incorporated herein by reference. There is no procedure for
the purchase of underlying securities or interests therein from Owners
who exercise surrender rights.
26
<PAGE> 27
V. INFORMATION CONCERNING THE TRUSTEE OR CUSTODIAN
48. Furnish the following information as to each trustee or custodian of the
trust:
(a) Name and principal business address;
(b) Form of organization;
(c) State or other sovereign power under the laws of which the trustee or
custodian was organized;
(d) Name of governmental supervising or examining authority.
Not applicable. The Separate Account has neither trustee nor custodian.
49. State the basis for the payment of fees or expenses of the trustee or
custodian for services rendered with respect to the trust and its
securities, and the aggregate amount thereof for the last fiscal year.
Indicate the person paying such fees or expenses. If any fees or expenses
are prepaid, state the unearned amount.
Not applicable.
50. State whether the trustee or custodian or any other person has or may
create a lien on the assets of the trust, and if so, give full
particulars, outlining the substance of the provisions of any indenture or
agreement with respect thereto.
No such lien may be created.
VI. INFORMATION CONCERNING INSURANCE OF HOLDERS OF SECURITIES
51. Furnish the following information with respect to the insurance of
holders of securities:
(a) The name and address of the insurance company;
Various insurance benefits are provided under the Policies by the
Company, the address of which is incorporated herein by reference
to Item 2.
(b) The types of policies and whether individual or group policies;
The Policies are variable life insurance contracts and are issued
on an individual basis.
27
<PAGE> 28
(c) The types of risks insured and excluded;
The mortality and expense risk assumed is that the Company's
estimates of longevity and of the expenses incurred over the lengthy
period the Policy may be in effect--which estimates are the basis for
the level of other charges the Company makes under the Policy--will not
be correct.
Under certain options for the payment of benefits under the
Policies, the Company assumes the risk that it will be unable to invest
the assets supporting the Policies at a return sufficient to pay the
guaranteed minimum interest rate under such options and the expenses of
administering the Policies and, in some cases, a risk that
beneficiaries under such options will live longer than anticipated.
(d) The coverage of the policies;
See "Policy Benefits and Rights" in the Prospectus in Exhibit D,
incorporated herein by reference.
(e) The beneficiaries of such policies and the uses to which the
proceeds of policies must be put;
The recipient of the benefits of the insurance undertakings
described in Item 51(c) is either the designated primary beneficiary,
any contingent beneficiaries, or the estate of the insured(s) as stated
in the application for the Policy or as subsequently modified by the
Owner. There is no limitation on the use of the proceeds.
(f) The terms and manner of cancellation and of reinstatement;
The insurance undertakings described in Item 51 (c) are integral
parts of the Policy and may not be terminated while the Policy remains
in effect, except to the extent set forth in Items 10(e) and 21(a),
which are incorporated herein by reference.
(g) The method of determining the amount of premiums to be paid by holders
of securities;
See "The Policy -- Premiums" in the Prospectus in Exhibit D,
incorporated herein by reference.
(h) The amount of aggregate premiums paid to the insurance company during
the last fiscal year;
28
<PAGE> 29
Not applicable, since no Policies have yet been sold.
(i) Whether any person other than the insurance company receives any part
of such premiums, the name of each such person and the amount
involved, and the nature of the services rendered therefor;
Item 13(e) is incorporated herein by reference.
(j) The substance of any other material provisions of any indenture or
agreement of the trust relating to insurance.
None except as disclosed in this registration statement.
VII. POLICY OF REGISTRANT
52. (a) Furnish the substance of the provisions of any indenture or agreement
with respect to the conditions upon which and the method of selection
by which particular portfolio securities must or may be eliminated
from the assets of the trust or must or may be replaced by other
portfolio securities. If an investment adviser or other person is to
be employed in connection with such selection, elimination or
substitution, state the name of such person, the nature of any
affiliation to the depositor, trustee or custodian, and any principal
underwriter, and the amount of the remuneration to be received for
such services. If any particular person is not designated in the
indenture or agreement, describe briefly the method of selection of
such person.
Items 10(g) and 10(h) are incorporated herein by reference with
regard to the Company's right to substitute any other investment for
shares of any Portfolio of the Funds.
(b) Furnish the following information with respect to each transaction
involving the elimination of any underlying security during the
period covered by the financial statements filed herewith:
(1) title of security;
(2) date of elimination;
(3) reasons for elimination;
(4) the use of the proceeds from the sale of the eliminated security;
(5) title of security substituted, if any;
29
<PAGE> 30
(6) whether depositor, principal underwriter, trustee or custodian or
any affiliated person of the foregoing were involved in the
transaction;
(7) compensation or remuneration received by each such person directly
or indirectly as a result of the transaction.
Not applicable, since no Policies have yet been sold.
(c) Describe the policy of the trust with respect to the substitution and
elimination of the underlying securities of the trust with respect to:
(1) the grounds for elimination and substitution;
(2) the type of securities which may be substituted for any
underlying security;
(3) whether the acquisition of such substituted security or securities
would constitute the concentration of investment in a particular
industry or group of industries or would conform to a policy of
concentration of investment in a particular industry or group of
industries;
(4) whether such substituted securities may be the securities of any
other investment company; and
(5) the substance of the provisions of any indenture or agreement
which authorize or restrict the policy of the registrant in this
regard.
Items 10(g) and 10(h) are incorporated herein by reference.
(d) Furnish a description of any policy (exclusive of policies
covered by paragraphs (a) and (b) herein) of the trust which is
deemed a matter of fundamental policy and which is elected to be
treated as such.
None.
REGULATED INVESTMENT COMPANY.
53. (a) State the taxable status of the trust.
See "Federal Tax Matters" in the Prospectus in Exhibit D, incorporated
herein by reference.
(b) State whether the trust qualified for the last taxable year as a
regulated investment company as defined in Section 851 of the
Internal Revenue Code of 1954, and
30
<PAGE> 31
state its present intention with respect to such qualification during
the current taxable year.
The Separate Account has not and does not intend to so qualify.
VIII. FINANCIAL AND STATISTICAL INFORMATION
54. If the trust is not the issuer of periodic payment plan certificates,
furnish the following information with respect to each class or series of
its securities:
Not applicable.
55. If the trust is the issuer of periodic payment plan certificates, a
transcript of a hypothetical account shall be filed in approximately the
following form on the basis of the certificate calling for the smallest
amount of payments. The schedule shall cover a certificate of the type
currently being sold assuming that such certificate had been sold at a
date approximately ten years prior to the date of registration or at the
approximate date of organization of the trust.
To be provided by Amendment.
56. If the trust is the issuer of periodic payment plan certificates, furnish
by years for the period covered by the financial statements filed herewith
in respect of certificates sold during such period, the following
information for each fully paid type of each installment payment type of
periodic payment plan certificate being issued by the trust.
Not applicable, since no Policies have yet been sold.
57. If the trust is the issuer of periodic payment plan certificates, furnish
by years for the period covered by the financial statements filed herewith
the following information for each installment payment type of periodic
payment plan certificate currently being issued by the trust.
Not applicable, since no Policies have yet been sold.
58. If the trust is the issuer of periodic payment plan certificates, furnish
the following information for each installment payment type of periodic
payment plan certificate outstanding as at the latest practicable date.
Not applicable, since no Policies have yet been sold.
31
<PAGE> 32
59. Financial Statements:
Financial Statements of the Trust.
No financial statements are filed for the Separate Account because it has not
yet commenced operations, has no assets nor liabilities, and has received no
income or incurred any expense.
Financial Statements of the Depositor.
"Financial Statements" in the Prospectus included in Exhibit D are incorporated
herein by reference.
32
<PAGE> 33
IX. EXHIBITS
Except as otherwise noted all exhibits are incorporated by reference to
the Registration Statement filed on Form S-6, of KILICO Variable Separate
Account-2, filed contemporaneously herewith.
<TABLE>
<CAPTION>
Exhibit Number Title
- -------------- -----
<S> <C>
1-A(1) KILICO Resolution establishing the Separate Account
1-A(2) Not Applicable
1-A(3)(a) Form of Underwriting Agreement between KILICO and IBS
1-A(3)(b) Specimen Selling Group Agreement of IBS
1-A(3)(c) Schedules of Commissions
1-A(3)(d) General Agent Agreement
1-A(4) Not Applicable
1-A(5)(a) Form of Individual Policy
1-A(5)(b) Form of Survivorship Policy
1-A(6)(a) KILICO Articles of Incorporation
1-A(6)(b) By-laws of KILICO
1-A(7) Not Applicable
1-A(8)(a) Form of Participation Agreement among KILICO, Investors Fund
Series, and Zurich Kemper Investments, Inc.
1-A(8)(b) Form of Participation Agreement among KILICO,
Evergreen Variable Trust, and _______________________
1-A(8)(c) Administrative Services Agreement between KILICO and Bancorp
Services L.L.C.
1-A(9) Not Applicable
1-A(10)(a) Application for Individual Policy
1-A(10)(b) Application for Survivorship Policy
B Not Applicable
C Not Applicable
D* Prospectus included in Form S-6 Registration of KILICO
Variable Separate Account-2 (File No. 33- )
filed contemporaneously herewith.
- -------------------
*Attached hereto.
</TABLE>
33
<PAGE> 34
SIGNATURE
Pursuant to the requirements of the Investment Company Act of 1940, the
depositor of the registrant has caused this registration statement to be duly
signed on behalf of the registrant in the City of Long Grove and the State of
Illinois on the 5th day of September, 1997.
KILICO Variable Separate Account-2
(Registrant)
By: Kemper Investors Life Insurance Company
(Sponsor)
Attest: /s/ Kurt W. Bernlohr By: /s/ John B. Scott
------------------------- ---------------------------------
Kurt W. Bernlohr John B. Scott, Chief Executive Officer,
Assistant Secretary President and Director
34
<PAGE> 35
EXHIBIT INDEX
<TABLE>
<CAPTION>
EXHIBIT TITLE SEQUENTIALLY
NUMBER ----- NUMBERED PAGES
------ --------------
<S> <C> <C>
D Prospectus included in Form S-6 Registration
Statement KILICO Variable Separate
Account-2 (File No. 33-__________).............
</TABLE>
35
