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FORM N-SAR
SEMI-ANNUAL REPORT
FOR REGISTERED INVESTMENT COMPANIES
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Report for six month period ending: / / (a)
or fiscal year ending: 12/31/98 (b)
Is this a transition report? (Y/N) N
Is this an amendment to a previous filing? (Y/N) N
Those items or sub-items with a box "/ /" after the item number should be completed only if the answer has
changed from the previous filing on this form.
1. A. Registrant Name: NATIONAL INTEGRITY LIFE INSURANCE COMPANY SEPARATE ACCOUNT II
B. FILE NUMBER: 811- 7132
C. Telephone Number: 502-582-7900
1. A. Street: 515 WEST MARKET STREET, 8TH FLOOR
B. City: LOUISVILLE
C. State: KENTUCKY
D. Zip Code: 40202 Zip Ext:
E. Foreign Country: Foreign Postal Code:
3. Is this the first filing on this form by Registrant? (Y/N) N
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4. Is this the last filing on this form by Registrant? (Y/N) N
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5. Is Registrant a small business investment company (SBIC)? (Y/N) N
(If answer is "Y" (Yes), complete only items 89 through 110.) -------------------------------------
6. Is Registrant a unit investment trust (UIT)? (Y/N) Y
(If answer is "Y" (Yes), complete only items 111 through 132.) ---------------------------------------
7. A. Is Registrant a series or multiple portfolio company? (Y/N)
(If answer is "N" (No), go to item 8.) -------------------------------------
B. How many separate series or portfolios did Registrant have at the end of the period?
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For period ending: 12/31/98 ----------------------------
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File number 811- 7132
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UNIT INVESTMENT TRUSTS
111. A. / / Depositor Name: NATIONAL INTEGRITY LIFE INSURANCE COMPANY
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B. / / File Number (if any): 33-51126
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C. / / City: LOUISVILLE State: KENTUCKY Zip Code: 40202 Zip Ext:
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/ / Foreign Country: Foreign Postal Code:
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111. A. / / Depositor Name:
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B. / / File Number (if any):
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C. / / City: State: Zip Code: Zip Ext:
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/ / Foreign Country: Foreign Postal Code:
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112. A. / / Sponsor Name:
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B. / / File Number (if any):
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C. / / City: State: Zip Code: Zip Ext:
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/ / Foreign Country: Foreign Postal Code:
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112. A. / / Sponsor Name:
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B. / / File Number (if any):
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C. / / City: State: Zip Code: Zip Ext:
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/ / Foreign Country: Foreign Postal Code:
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For period ending: 12/31/98 ----------------------------
-------------------- If filing more than on
File number 811- 7132 page 48, "X" box: / /
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113. A. / / Trustee Name:
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B. / / City: State: Zip Code: Zip Ext:
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/ / Foreign Country: Foreign Postal Code:
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113. A. / / Trustee Name:
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B. / / City: State: Zip Code: Zip Ext:
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/ / Foreign Country: Foreign Postal Code:
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114. A. / / Principal Underwriter Name: ARM SECURITIES CORPORATION
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B. / / File Number: 8- 14810
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C. / / City: NEW ULM State: MN Zip Code: 56073 Zip Ext: 0069
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/ / Foreign Country: Foreign Postal Code:
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114. A. / / Principal Underwriter Name:
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B. / / File Number: 8-
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C. / / City: State: Zip Code: Zip Ext:
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/ / Foreign Country: Foreign Postal Code:
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115. A. / / Independent Public Accountant Name: ERNST & YOUNG, LLP
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B. / / City: LOUISVILLE State: KENTUCKY Zip Code: 40202 Zip Ext:
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/ / Foreign Country: Foreign Postal Code:
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115. A. / / Independent Public Accountant Name:
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B. / / City: State: Zip Code: Zip Ext:
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/ / Foreign Country: Foreign Postal Code:
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For period ending: 12/31/98 ----------------------------
-------------------- If filing more than on
File number 811- 7132 page 49, "X" box: / /
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116. Family of investment companies information:
A. / / Is Registrant part of a family of investment companies? (Y/N) N
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B. / / Identify the family in 10 letters:
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(NOTE: In filing this form, use this identification consistently for all investment companies
in family. This designation is for purposes of this form only.)
117. A. / / Is Registrant a separate account of an insurance company (Y/N) Y
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If answer is "Y" (Yes), are any of the following types of contracts funded by the Registrant?:
B. / / Variable annuity contracts? (Y/N) Y
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C. / / Scheduled premium variable life contracts? (Y/N)
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D. / / Flexible premium variable life contracts?
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E. / / Other types of insurance products registered under the Securities Act of 1933? (Y/N)
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118. / / State the number of series existing at the end of the period that had securities registered under
the Securities Act of 1933. 1
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119. / / State the number of new series for which registration statements under the Securities Act of 1933
became effective during the period. 0
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120. / / State the total value of the portfolio securities on the date of the deposit for the new series
included in Item 119 ($000s omitted).
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121. / / State the number of series for which a current prospectus was in existence at the end of the
period. 1
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122. / / State the number of existing series for which additional units were registered under the
Securities Act of 1933. 0
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For period ending: 12/31/98 ----------------------------
-------------------- If filing more than on
File number 811- 7132 page 50, "X" box: / /
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123. / / State the total value of the additional units considered in answering Item 22 ($000s omitted).
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124. / / State the total value of units of prior series that were placed in the portfolios of subsequent
series during the current period (the value of these units is to be measured on the date they
were placed in the subsequent series) ($000s omitted).
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125. / / State the total dollar amount of sales loads collected (before reallowances to other brokers or
dealers) by Registrant's principal underwriter and any underwriter which is an affiliated person
of the principal underwriter during the current period solely from the sale of units of all
series of Registrant ($000s omitted).
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126. / / Of the amount shown in Item 125, state the total dollar amount of sales loads collected from
secondary market operations in Registrant's units (include the sales loads, if any,
collected on units of a prior series placed in the portfolio of a subsequent series)
($000s omitted).
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127. / / List opposite the appropriate description below, the number of series whose portfolios are
invested primarily (based upon a percentage of NAV) in each type of security shown, the aggregate
total assets at market value as of a date at or near the end of the current period of each such
group of series and the total income distributions made by each such group of series during the
current period (excluding distributions of realized gains, if any):
Total Income
Number of Series Total Assets Distributions
Investing ($000s omitted) ($000s omitted)
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A. U.S. Treasury direct issue
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B. U.S. Government agency
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C. State and municipal tax-free
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D. Public utility debt
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E. Brokers or dealers debt or debt of brokers'
or dealers' parent
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F. All other corporate intermed. & long-term debt
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G. All other corporate short-term debt
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H. Equity securities of brokers or dealers or
parents of brokers or dealers
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I. Investment company equity securities
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J. All other equity securities 1 $ 117,321 $ 5,878
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K. Other securities
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L. Total assets of all series of registrant 1 $ 117,321 $ 5,878
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For period ending: 12/31/98 ----------------------------
-------------------- If filing more than on
File number 811- 7132 page 51, "X" box: / /
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128. / / Is the timely payment of principal and interest on any of the portfolio securities held by any of
Registrant's series at the end of the current period insured or guaranteed by an entity other
than the issuer? (Y/N) N
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[If answer is "N" (No), go to Item 131.]
129. / / Is the issuer of any instrument covered in Item 128 delinquent or in default as to payment of
principal or interest at the end of the current period? (Y/N)
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[If answer is "N" (No), go to Item 131.]
130. / / In computations of NAV or offering price per unit, is any part of the value attributed to
instruments identified in Item 129 derived from insurance or guarantees? (Y/N)
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131. / / Total expenses incurred by all series of Registrant during the current reporting period
($000s omitted). $ 1,117
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132. / / List the "811" (Investment Company Act of 1940) registration number for all Series or Registrant
that are being included in this filing:
811- 811- 811- 811- 811-
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811- 811- 811- 811- 811-
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811- 811- 811- 811- 811-
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811- 811- 811- 811- 811-
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811- 811- 811- 811- 811-
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811- 811- 811- 811- 811-
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811- 811- 811- 811- 811-
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811- 811- 811- 811- 811-
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811- 811- 811- 811- 811-
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811- 811- 811- 811- 811-
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For period ending: 12/31/98 ----------------------------
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File number 811- 7132
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This report is signed on behalf of the registrant in Louisville, Kentucky on the 26th day of February, 1999.
NATIONAL INTEGRITY LIFE INSURANCE COMPANY
SEPARATE ACCOUNT II
By: /s/ Barry G. Ward
Barry G. Ward, Controller
Witness: /s/ Patricia Tackett
Patricia Tackett, Secretary
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