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SUPPLEMENT DATED AUGUST 20, 1999
TO PROSPECTUS AND STATEMENT OF ADDITIONAL INFORMATION
DATED MAY 1, 1999
PINNACLE FLEXIBLE PREMIUM VARIABLE ANNUITY
INTEGRITY LIFE INSURANCE COMPANY
Integrity Life Insurance Company ("Integrity Life") has consented to an Order
of Supervision issued by the Director of Insurance of the State of Ohio. The
Company sought protection for Integrity Life following recent ratings
downgrades, which were primarily attributed to the potential inability of the
Company to meet certain contractual covenants related to its institutional
business.
This regulatory action is intended to ensure an orderly process for
addressing the financial obligations of Integrity Life and to protect the
interests of its individual policyholders. Integrity Life believes it has
adequate assets to meet its obligations to individual retail policyholders.
Integrity Life will continue payments of death benefits, previously scheduled
systematic withdrawals, previously scheduled immediate annuity payments, and
agent commissions.
THIS SUPPLEMENT MODIFIES THE PROSPECTUS AND SHOULD BE READ AND RETAINED.
