PEOPLES BENEFIT LIFE INSURANCE CO SEPARATE ACCOUNT IV
N-30D, 1999-12-07
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December 6, 1999



VIA EDGAR
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Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549

RE:  Peoples Benefit Life Insurance Company Separate Account IV
     File No. 33-36073, 811-6144, CIK 0000866252
     Rule 30b2-1 Filing

Commissioners:

As required by Rule 30d-2 under the Investment Company Act of 1940, as amended
(the "Act"), Peoples Benefit Life Insurance Company Separate Account IV, a unit
investment trust registered under the Act, mailed to its contract owners the
annual report for the Vanguard Variable Insurance Fund.  This filing constitutes
the filing of this report as required by Rule 30b2-1 under the Act.

Pursuant to Rule 30d-1 under the Act, on December 2, 1999, Vanguard Variable
Insurance Fund filed its annual report with the Commission via Edgar (CIK:
000857490).  To the extent necessary, this filing is incorporated herein by
reference.

Very truly yours,

/s/ Gregory E. Miller-Breetz

Gregory E. Miller-Breetz
Assistant General Counsel


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