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SUPPLEMENT DATED MARCH 3, 2000
TO
PROSPECTUS DATED MAY 1, 1999, AS SUPPLEMENTED
SEPARATE ACCOUNT TEN OF INTEGRITY LIFE INSURANCE COMPANY
On March 3, 2000 (the "Effective Date"), ARM Financial Group Inc. ("ARM")
completed the sale of its insurance subsidiaries to The Western and Southern
Life Insurance Company. ARM is also the parent company of Integrity Capital
Advisors, Inc. (the "Current Manager"), the investment manager to Separate
Account Ten of Integrity Life Insurance Company (the "Separate Account"). The
Current Manager ceased operations as an investment adviser as of the Effective
Date.
As of the Effective Date, Touchstone Advisors, Inc. (the "New Manager") has
commenced serving as investment manager to the Separate Account pursuant to an
interim management agreement with the Separate Account. The Sub-Adviser for the
four portfolios of the Separate Account is continuing to serve in such capacity
pursuant to an interim sub-advisory agreement with the New Manager. The interim
agreements will remain in effect for a period up to 150 days and requires all
advisory and sub-advisory fees to be escrowed pending shareholder approval of a
new management agreement with the New Manager and a new sub-advisory agreement
between the New Manager and the Sub-Adviser (collectively, the "New Advisory
Agreements").
The Separate Account intends to hold a special meeting of the shareholders
on or about April 4, 2000, for the purpose of voting on the New Advisory
Agreements and certain other matters. Contract holders as of February 24, 2000
will receive a proxy statement and voting instructions card.
Touchstone Securities Corporation (the "New Distributor") has become the
distributor of the Separate Account as of the Effective Date. The address of the
New Manager and the New Distributor is 311 Pike Street, Cincinnati, Ohio 45202.
