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IL ANNUITY AND INSURANCE COMPANY LETTERHEAD
FEBRUARY 28, 1998
Dear Valued Contract Holder:
Enclosed for your review are the annual shareholder reports for those funds
available through The Visionary Choice Contract as of February 28, 1998. These
annual shareholders reports are comprised of the audited financial statement for
the funds as of the end of each fund's fiscal year.
We appreciate your patronage and look forward to continuing to serve your needs.
Sincerely,
/s/ Julianne Catron
Julianne Catron
Account Representative
The following documents accompanied this letter to contract owners and are
hereby incorporated by reference:
Document 1. The Annual Report of the Alger American Fund dated December 31,
1997, that was filed with the Securities Exchange Commission ("Commission") on
February 20, 1998 (File No. 811-5550).
Document 2. The Annual Reports of the Fidelity Variable Insurance Products Fund
and the Variable Insurance Products Fund II dated December 31, 1997, that were
filed with the Commission on February 24, 1998 (File Nos. 811-3329 and
811-5511).
Document 3. The Annual Report of the OCC Accumulation Trust dated December 31,
1997, that was filed with the Commission (File No. 811-8512).
Document 4. The Annual Report of the Royce Capital Fund dated December 31, 1997,
that was filed with the Commission on February 26, 1998 (File No. 811-07537).
Document 5. The Annual Report of the SAFECO Resources Series Trust dated
December 31, 1997, that was filed with the Commission on February 20, 1998 (File
No. 811-04717).
Document 6. The Annual Report of the SoGen Variable Funds, Inc. dated December
31, 1997, that was filed with the Commission on February 26, 1998 (File No.
811-09092).
Document 7. The Annual Report of the T. Rowe Price Limited Term Bond Portfolio
dated December 31, 1997, that was filed with the Commission on February 24, 1998
(File No. 811-7153).
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Document 8. The Annual Report of the T. Rowe Price International Stock Portfolio
dated December 31, 1997, that was filed with the Commission on February 24 1998,
(File No. 811-7145).
Document 9. The Annual Report of the Van Eck Worldwide Balanced Fund dated
December 31, 1997, that was filed with the Commission on February 25, 1998 (File
No. 811-5083).
Document 10. The Annual Report of the Van Eck Worldwide Hard Assets Fund dated
December 31, 1997, that was filed with the Commission on February 25, 1998 (File
No. 811-5083).
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IL ANNUITY AND INSURANCE COMPANY LETTERHEAD
March 6, 1998
Dear Valued Contract Owner:
Enclosed for your review are the annual shareholder reports for those funds
available through The Visionary Contract as of February 28, 1998. These annual
shareholders reports are comprised of the audited financial statement for the
funds as of the end of each fund's fiscal year.
We appreciate your patronage and look forward to continuing to serve your needs.
Sincerely,
/s/ Richard Rosenberg
Richard Rosenberg
Account Manager
The following documents accompanied this letter to contract owners and are
hereby incorporated by reference:
Document 1. The Annual Report of the Alger American Fund dated December 31,
1997, that was filed with the Securities Exchange Commission ("Commission") on
February 20, 1998 (File No. 811-5550).
Document 2. The Annual Reports of the Fidelity Variable Insurance Products Fund
and the Variable Insurance Products Fund II dated December 31, 1997, that were
filed with the Commission on February 24, 1998 (File Nos. 811-3329 and
811-5511).
Document 3. The Annual Report of the OCC Accumulation Trust dated December 31,
1997, that was filed with the Commission (File No. 811-8512).
Document 4. The Annual Report of the T. Rowe Price Limited Term Bond Portfolio
dated December 31, 1997, that was filed with the Commission on February 24, 1998
(File No.811-7153).
Document 5. The Annual Report of the T. Rowe Price International Stock Portfolio
dated December 31, 1997, that was filed with the Commission on February 24 1998,
(File No. 811- 7145).
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Document 6. The Annual Report of the Van Eck Worldwide Balanced Fund dated
December 31, 1997, that was filed with the Commission on February 25, 1998 (File
No. 811-5083).
Document 7. The Annual Report of the Van Eck Worldwide Hard Assets Fund dated
December 31, 1997, that was filed with the Commission on February 25, 1998 (File
No. 811-5083).
