SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) September 12, 1997
Kemper Investors Life Insurance Company
(Exact Name of Registrant as specified in its charter)
Illinois 333-02491 36-3050975
(State or other juris- (Commission File Number) (IRS Employer Identifi-
diction of Incorporation) cation Number)
1 Kemper Drive, Long Grove, Illinois 60049
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (847) 550-5500
Item 4. Changes in Registrant's Certifying Accountant
a. Effective September 12, 1997, Kemper Investors Life Insurance
Company ("KILICO") dismissed its prior certifying accountants,
KPMG Peat Marwick L.L.P. ("KPMG") and retained as its new
certifying accountants, Coopers and Lybrand, L.L.P. KPMG's
report on KILICO's financial statements during the past two years
contained no adverse opinion or disclaimer of opinion, and was not
qualified as to uncertainty, audit scope or accounting principles.
The decision to change accountants was approved by KILICO's Board
of Directors.
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Item 4. Changes in Registrant's Certifying Accountant (Cont'd)
During the last two fiscal years and the subsequent interim
period to the date hereof, there were no disagreements between
KILICO and KPMG on any matters of accounting principles or
practices, financial statement disclosure, or auditing scope or
procedure, which disagreements, if not resolved to the
satisfaction of KPMG, would have caused it to make a reference to
the subject matter of the disagreements in connection with its
reports.
None of the "reportable events" described in Item 304 (a) (1) (v)
occurred with respect to KILICO within the last two fiscal years
and the subsequent interim period to the date hereof.
b. Effective September 12, 1997, KILICO engaged Coopers and Lybrand,
L.L.P. as its principal accountants. During the last two fiscal
years and the subsequent interim period to the date hereof, KILICO
did not consult Coopers and Lybrand, L.L.P. regarding any of the
matters or events set forth in Item 304 (a) (2) (i) and (ii) of
Regulation S-K.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits
(c) Exhibits:
(16) - Response Letter of KPMG Peat Marwick L.L.P.
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
KEMPER INVESTORS LIFE INSURANCE COMPANY
Date September 19, 1997 By: /s/ Frederick L. Blackmon
Frederick L. Blackmon
Senior Vice President
and Chief Financial Officer
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EXHIBIT INDEX
16 Response Letter of KPMG Peat Marwick, L.L.P.
<PAGE>
Exhibit 16
Securities and Exchange Commission September 19, 1997
Washington, D.C. 20549
Ladies and Gentlemen:
We were previously principal accountants for Kemper Investors Life Insurance
Company and, under the date of March 21, 1997, we reported on the
consolidated financial statements of Kemper Investors Life Insurance Company
and subsidiaries as of and for the years ended December 31, 1996 and 1995.
On September 12, 1997, our appointment as principal accountants was
terminated. We have read Kemper Investors Life Insurance Company's statements
included under Item 4 of its Form 8-K dated September 12, 1997, and we agree
with such statements except that we are not in a position to agree or
disagree with Kemper Investors Life Insurance Company's statements that the
change was approved by the board of directors, that Coopers and Lybrand,
L.L.P., was not engaged or consulted regarding the application of accounting
principles to a specified transaction or the type of audit opinion that
might be rendered on Kemper Investors Life Insurance Company's financial
statements, or that Coopers and Lybrand, L.L.P., was engaged by Kemper
Investors Life Insurance Company as its principal accountants effective
September 12, 1997.
Very truly yours,
KPMG Peat Marwick L.L.P.
