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Previous: EQUITRUST LIFE ANNUITY ACCOUNT II, 497, 1998-11-25 |
Next: CONTIMORTGAGE HOME EQUITY TRUST 1998-1, 8-K, 1998-11-25 |
SUPPLEMENT DATED NOVEMBER 25, 1998 TO PROSPECTUS DATED NOVEMBER 10, 1998 for FLEXIBLE PREMIUM VARIABLE LIFE INSURANCE POLICIES issued by EQUITRUST LIFE INSURANCE COMPANY At page 33, in the section titled "Distribution of the Policies," the first sentence in the second paragraph is replaced with the following: The maximum sales commission payable to broker-dealers will be 100% of premiums up to the first-year Target Premium, 6% of renewal Target Premium and 4% of excess premium in all years.
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