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SUPPLEMENT DATED JANUARY 21, 2000
TO
PROSPECTUS DATED MAY 1, 1999
SEPARATE ACCOUNT TEN OF
INTEGRITY LIFE INSURANCE COMPANY
On December 17, 1999, ARM Financial Group, Inc. (ARM), the parent company of
Integrity Life Insurance Company and National Integrity Life Insurance Company
(the INTEGRITY COMPANIES), announced that it had signed a definitive agreement
whereby Western & Southern Life Insurance Company (WESTERN & SOUTHERN) would
acquire the Integrity Companies. Western and Southern is rated A++ (Superior) by
A.M. Best, AAA (Highest) by Duff & Phelps, AAA (Extremely Strong) by Standard &
Poor's, and Aa2 (Excellent) by Moody's.
The transaction is expected to close late in the first quarter of 2000. The
acquisition of the Integrity Companies by Western & Southern is being
implemented pursuant to a chapter 11 bankruptcy case filed by ARM on December
20, 1999. In addition to approval by the bankruptcy court, the closing of the
transaction is subject to the approval of various state departments of insurance
and other customary conditions to closing. It is anticipated that Integrity Life
Insurance Company will remain under the supervision of the Ohio Department of
Insurance until the closing.
