[Zurich Kemper Life Letterhead]
Via EDGAR
June 1, 2000
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, DC 20549
Re: Kemper Investors Life Insurance Company
SEC File No. 333-22389
Commissioners:
Enclosed for filing pursuant to the requirements of Rule 424(b)(3) under the
Securities Act of 1933 are a prospectus supplement dated June 1, 2000 to the
Kemper Destinations Variable Annuity prospectus dated May 1, 2000, and a
prospectus supplement dated June 1, 2000 to the Farmers Variable Annuity I
prospectus dated May 1, 2000. Please note that these supplements will be used
only with prospectuses in the State of California.
Please call the undersigned at 847-969-3524 if there are any questions.
Yours truly,
/s/ Juanita M. Thomas
Juanita M. Thomas
Assistant General Counsel
Enclosures
JMT/sb
<PAGE>
SUPPLEMENT DATED JUNE 1, 2000
TO PROSPECTUS DATED MAY 1, 2000 FOR
------------------------------------------------------------------------------
INDIVIDUAL AND GROUP VARIABLE, FIXED AND MARKET VALUE
ADJUSTED DEFERRED ANNUITY CONTRACTS
------------------------------------------------------------------------------
KEMPER DESTINATIONS
Issued By
KEMPER INVESTORS LIFE INSURANCE COMPANY
This Supplement is to notify prospective purchasers of the Kemper Destinations
Contract that certain variations apply if you purchase your Contract in the
State of California. Please read this Supplement carefully and keep it with
your Prospectus for future reference.
Effective June 1, 2000, we will no longer offer our Guaranteed Retirement
Income Benefit ("GRIB") rider on Contracts issued in California. We are
suspending the offer of the GRIB rider to comply with a directive from the
California Department of Insurance (the "Department") while the Department
conducts a general study of Guaranteed Minimum Income Benefit and Guaranteed
Minimum Accumulation Benefit riders ("Living Benefit Provisions"), such as our
GRIB rider. Other insurers are also affected by this directive.
We will continue to issue GRIB riders on Contract applications signed prior to
May 31, 2000, provided that we receive the application no later than June 30,
2000. The validity of existing GRIB riders is not affected by the
Department's action.
Once the Department completes its study and takes any resulting regulatory
action, we may recommence selling a GRIB rider in California. Accordingly, if
the GRIB rider is unavailable when you purchase your Contract, we may contact
you with an offer to add a GRIB rider to your Contract. However, the terms of
the new GRIB rider may differ from those described in the current Prospectus,
in order to comply with the Department's requirements.
Please contact your agent or representative for more information.
For use in California only.
<PAGE>
SUPPLEMENT DATED JUNE 1, 2000
TO PROSPECTUS DATED MAY 1, 2000 FOR
------------------------------------------------------------------------------
INDIVIDUAL AND GROUP VARIABLE, FIXED AND MARKET VALUE
ADJUSTED DEFERRED ANNUITY CONTRACTS
------------------------------------------------------------------------------
FARMERS VARIABLE ANNUITY I
Issued By
KEMPER INVESTORS LIFE INSURANCE COMPANY
This Supplement is to notify prospective purchasers of the Farmers Variable
Annuity I Contract that certain variations apply if you purchase your Contract
in the State of California. Please read this Supplement carefully and keep it
with your Prospectus for future reference.
Effective June 1, 2000, we will no longer offer our Guaranteed Retirement
Income Benefit ("GRIB") rider on Contracts issued in California. We are
suspending the offer of the GRIB rider to comply with a directive from the
California Department of Insurance (the "Department") while the Department
conducts a general study of Guaranteed Minimum Income Benefit and Guaranteed
Minimum Accumulation Benefit riders ("Living Benefit Provisions"), such as our
GRIB rider. Other insurers are also affected by this directive.
We will continue to issue GRIB riders on Contract applications signed prior to
May 31, 2000, provided that we receive the application no later than June 30,
2000. The validity of existing GRIB riders is not affected by the
Department's action.
Once the Department completes its study and takes any resulting regulatory
action, we may recommence selling a GRIB rider in California. Accordingly, if
the GRIB rider is unavailable when you purchase your Contract, we may contact
you with an offer to add a GRIB rider to your Contract. However, the terms of
the new GRIB rider may differ from those described in the current Prospectus,
in order to comply with the Department's requirements.
Please contact your agent or representative for more information.
For use in California only.
