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SUPPLEMENT DATED AUGUST 5, 1999
TO PROSPECTUS
DATED MAY 1, 1999
IQ THE SMARTANNUITY FLEXIBLE PREMIUM VARIABLE ANNUITY
INTEGRITY LIFE INSURANCE COMPANY
The "Your Contributions" paragraph in Part 1 - Summary is deleted in its
entirety and replaced by the following:
YOUR CONTRIBUTIONS
The Minimum initial contribution is $1,000 ($3,000 in Pennsylvania, South
Carolina, Texas and Washington). Contributions after your first one can be as
little as $100. Some tax-favored retirement plans allow smaller contributions.
See "Contributions Under Your Contract" in Part 5.
The first paragraph under "Contributions Under Your Contract" in Part 5 - Terms
of Your Variable Annuity, is deleted in its entirety and replaced by the
following:
You can make contributions of at least $100 at any time up to the Annuitant's
Retirement Date. Your first contribution, however, can't be less and $1,000
($3,000 in Pennsylvania, South Carolina, Texas and Washington). We'll accept
contributions of at least $50 for salary allotment programs. We have special
rules for minimum contribution amounts for tax-favored retirement programs.
See "Tax-Favored Retirement Programs" in the SAI.
The "Withdrawals" paragraph in Part 5 - Terms of Your Variable Annuity, is
deleted in its entirety and replaced by the following:
You may make any number of withdrawals as often as you wish. Each withdrawal
must be for at least $300. The money will be taken from your Accounts in the
same proportion as you contributed it to them. For example, if your
contributions are divided in equal 25% shares among four Investment Options,
when you make a withdrawal, 25% of the money withdrawn will come from each of
your Investment Options. You can tell us if you want your withdrawal handled
differently.
When you make a partial withdrawal, the total amount deducted from your Account
Value will include the withdrawal amount requested plus any Market Value
Adjustments. The total amount that you receive will be the total amount that you
requested. Most of the withdrawals you make before you are 59-1/2 years old are
subject to a 10% federal tax penalty. If your contract is part of a tax-favored
plan, the plan may limit your withdrawals. See Part 7, "Tax Aspects of the
Contracts." Residents of Pennsylvania, South Carolina, Texas and Washington are
required to keep a $3,000 minimum account balance after any withdrawals.
THIS SUPPLEMENT MODIFIES THE PROSPECTUS AND SHOULD BE READ AND RETAINED.
