IL ANNUITY AND INSURANCE COMPANY LETTERHEAD
October 1999
Dear Contractholder:
As a Visionary Variable Annuity[TM] contractholder, we are providing you with
semiannual fund reports from Visionary Choice's[TM] five fund managers. Please
note that we have furnished reports for not only those funds in which you are
investing, but all the fund options available in the Visionary Variable
Annuity[TM] product. These reports will provide an update on each fund's
performance as of June 30, 1999.
We hope you find this information helpful. Should you have any questions
concerning your Visionary Variable Annuity[TM] from IL Annuity and Insurance
Company, please don't hesitate to call our Service Center at: 888-232-6486.
As always, we appreciate and value your business.
Sincerely,
/s/Greg Carney
Greg Carney
President
The following documents accompanied this letter to contract owners and are
hereby incorporated by reference:
Document 1. The Semi-Annual Report of Alger American Small Capitalization
Portfolio dated June 30, 1999, that was filed with the Securities and Exchange
Commission ("Commission") on August 30, 1999, (File No. 811-05550).
Document 2. The Semi-Annual Report of Alger American MidCap Growth Portfolio
dated June 30, 1999, that was filed with the Commission on August 30, 1999 (File
No. 811-05550).
Document 3. The Semi-Annual Report of the OCC Accumulation Trust dated June 30,
1999, that was filed with the Commission on August 23, 1999, (File No.
811-08512).
Document 4. The Semi-Annual Report of T. Rowe Price Limited-Term Bond Portfolio
dated June 30, 1999, that was filed with the Commission on August 13, 1999,
(File No. 811-07145).
Document 5. The Semi-Annual Report of T. Rowe Price International Stock
Portfolio dated December 31, 1998, that was filed with the Commission on August
13, 1999, (File No. 811-07145).
Document 6. The Semi-Annual Report of Van Eck Global Worldwide Hard Assets Fund
dated June 30, 1999, that was filed with the Commission on August 24, 1999,
(File No. 811-05083).
Document 7. The Semi-Annual Report of Fidelity Variable Insurance Products Fund
and the Variable Insurance Products Fund II dated June 30, 1999, that were filed
with the Commission on August 27, 1999, (File No. 811-07205).
<PAGE>
IL ANNUITY AND INSURANCE COMPANY LETTERHEAD
October 1999
Dear Contractholder:
As a Visionary Choice Variable Annuity[TM] contractholder, we are providing you
with semiannual fund reports from Visionary Choice's[TM] eight fund managers.
Please note that we have furnished reports for not only those funds in which you
are investing, but all the fund options available in the Visionary Choice
Variable Annuity[TM] product. These reports will provide an update on each
fund's performance as of June 30, 1999.
We hope you find this information helpful. Should you have any questions
concerning your Visionary Choice Variable Annuity[TM] from IL Annuity and
Insurance Company, please don't hesitate to call our Service Center at:
888-232-6486.
As always, we appreciate and value your business.
Sincerely,
/s/Greg Carney
Greg Carney
President
The following documents accompanied this letter to contract owners and are
hereby incorporated by reference:
Document 1. The Semi-Annual Report of Alger American Small Capitalization
Portfolio dated June 30, 1999, that was filed with the Securities and Exchange
Commission ("Commission") on August 30, 1999, (File No. 811-05550).
Document 2. The Semi-Annual Report of Alger American MidCap Growth Portfolio
dated June 30, 1999, that was filed with the Commission on August 30, 1999 (File
No. 811-05550).
Document 3. The Semi-Annual Report of the OCC Accumulation Trust dated June 30,
1999, that was filed with the Commission on August 23, 1999, (File No.
811-08512).
Document 4. The Semi-Annual Report of T. Rowe Price Limited-Term Bond Portfolio
dated June 30, 1999, that was filed with the Commission on August 13, 1999,
(File No. 811-07145).
Document 5. The Semi-Annual Report of T. Rowe Price International Stock
Portfolio dated December 31, 1998, that was filed with the Commission on August
13, 1999, (File No. 811-07145).
Document 6. The Semi-Annual Report of SoGen Overseas Variable Fund dated June
30, 1999, that was filed with the Commission on August 30, 1999, (File No.
811-09092).
Document 7. The Semi-Annual Report of Royce Capital Fund dated June 30, 1999,
that was filed with the Commission on September 2, 1999, (File No. 811-07537).
<PAGE>
Document 8. The Semi-Annual Report of SAFECO Resource Series Trust Equity
Portfolio and Growth Portfolio dated June 30, 1999, that was filed with the
Commission on August 24, 1999, (File No. 811-04717).
Document 9. The Semi-Annual Report of Van Eck Global Worldwide Hard Assets Fund
dated June 30, 1999, that was filed with the Commission on August 24, 1999,
(File No. 811-05083).
Document 10. The Semi-Annual Report of Fidelity Variable Insurance Products Fund
and the Variable Insurance Products Fund II dated June 30, 1999, that were filed
with the Commission on August 27, 1999, (File No. 811-07205).
