(CITICORP LIFE INSURANCE COMPANY LETTERHEAD)
SUBMITTED VIA EDGAR
September 7, 1999
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, DC 20549
RE: Citicorp Life Variable Annuity Separate Account
File No. 33-81626 and 811-8628
Dear Commissioners:
On behalf of Citicorp Life Insurance Company (the "Company") and Citicorp Life
Variable Annuity Separate Account (the "Account"), we have enclosed for filing
pursuant to Rule 30b2-1 under the Investment Company Act of 1940, a letter
from the Company which has been sent to each contract holder. Accompanying
this letter are the semi-annual reports of each fund supporting the Account
and offered under the Contract, which are incorporated by reference, as shown
in Exhibit I attached hereto.
If you have any questions regarding this matter, please contact the
undersigned at (302) 672-5033.
Sincerely,
/s/ Eric S. Miller
Eric S. Miller
Vice President, Product Filing/Compliance
<PAGE>
EXHIBIT I
DATE
FUND NAME SUBMITTED 40 ACT FILE # ACCESSION #
Variable Annuity Portfolios
CitiSelect VIP Folio 200 Conservative8/23/99 811-07893 0000930413-99-001027
CitiSelect VIP Folio 300 Balanced 8/23/99 811-07893 0000930413-99-001027
CitiSelect VIP Folio 400 Growth 8/23/99 811-07893 0000930413-99-001027
CitiSelect VIP Folio 500 Growth Plus 8/23/99 811-07893 0000930413-99-001027
CitiFunds Small Cap Growth 8/23/99 811-07893 0000930413-99-001027
VIP Portfolio
Fidelity Variable Insurance
Products Fund
Growth Portfolio 8/25/99 811-03329 0000023355-99-000008
High Income Portfolio 8/25/99 811-03329 0000320254-99-000020
Equity Income Portfolio 8/25/99 811-03329 0000023355-99-000009
Overseas Portfolio 8/25/99 811-03329 0000320254-99-000021
Fidelity Variable Insurance
Products Fund II
Contrafund Portfolio 8/24/99 811-05511 0000821051-99-000018
Index 500 Portfolio 8/24/99 811-05511 0000320254-99-000018
AIM Variable Insurance Funds, Inc.
AIM V.I. Capital Appreciation Fund 9/03/99 811-07452 0000899243-99-001910
AIM V.I. Government Securities Fund 9/03/99 811-07452 0000899243-99-001910
AIM V.I. International Equity Fund 9/03/99 811-07452 0000899243-99-001910
AIM V.I. Value Fund 9/03/99 811-07452 0000899243-99-001910
AIM V.I. Growth and Income Fund 9/03/99 811-07452 0000899243-99-001910
MFS Variable Insurance Trust
MFS Global Governments Series 8/09/99 811-08326 0000950156-99-000511
MFS Money Market Series 8/10/99 811-08326 0000950156-99-000518
MFS Bond Series 8/10/99 811-08326 0000950156-99-000521
MFS Total Return Series 8/09/99 811-08326 0000950156-99-000510
MFS Research Series 8/09/99 811-08326 0000950156-99-000513
MFS Emerging Growth Series 8/09/99 811-08326 0000950156-99-000512
<PAGE>
(CITICORP LIFE INSURANCE COMPANY LETTERHEAD)
Dear Contract Owner:
We are pleased to share with you the investment results of the investment
portfolios held in your CitiVariableSM Annuity/CitiVariable Annuity Plus
issued by Citicorp Life Insurance Company during the first six months of this
year. In these reports, you will find extensive information regarding each
portfolio's performance as well as other pertinent data. Please note that the
portfolios' performance do not reflect the Separate Account mortality and
expense risk charge, the contract administrative charge, annual contract fee,
premium taxes, or surrender charges which may apply. Such charges, taxes and
fees will reduce the actual return of your variable annuity contract.
The annuity you have purchased has been designed to help you reach your long
term investment goals. We are continually exploring ways to improve our
product and welcome any suggestions or comments you may have regarding your
variable annuity or the service you receive from our committed staff. Please
feel free to call us at 1-800-497-4857 from 8:00 a.m. to 5:00 p.m.
Eastern time, Monday through Friday.
We thank you for allowing us the opportunity to be of service to you. We
look forward to continuing to provide you with the highest level of
satisfaction with your variable annuity.
Sincerely,
/s/Chad H. Masland
Chad H. Masland
Senior Vice President, Marketing
Securities and variable annuity transactions, are through Citicorp Investment
Services, member NASD/SIPC. Variable annuities are made available through
Citicorp Investment Services (CIS) and sold through CIS and affiliated
insurance agencies as required or permitted by law. All named entities are
affiliates of Citicorp Investment Services, Citibank, Citicorp and Citigroup.
This material must be accompanied or preceded by a prospectus. It contains
more information, including charges and expenses. Withdrawals prior to age
59 1/2 are subject to IRS penalties. Please review the annuity contract for
complete details. CitiVariable Annuity and CitiVariable Annuity Plus are
issued by Citicorp Life Insurance Company in Dover, Delaware. First Citicorp
Life Insurance Company is a subsidiary of Citibank Delaware. Form Number
Series 63-1103 (05-94) Rider Number Series 63-1500(04-97). CitiVariableSM
and CitiFundsSM are service marks of Citicorp. This annuity is not
available in all states.
Annuities Are: . Not FDIC Insured . No Bank Guarantees . May Lose
Value
c 1999 Citicorp Life Insurance Company
