August 29, 2000
Dear Valued Customer:
The past six months can be summed up in one word: uncertainty. Fears of rising
interest rates and an overheating economy, combined with investor slowdowns in
online trading and waning interest in high-priced technology stocks, have
investors rethinking the value of prudent investment advice. Now may be a good
time to meet with your representative and review your asset allocations.
We are happy to provide you with the Century II Semi-Annual Report of Variable
Product Funds, dated June 30, 2000. In this book you will find semi-annual
reports for the 21 investment subaccounts that support your Century II variable
contract.
In our continuing effort to add value to our Century II variable contracts, we
have added two new fund managers and nine new investments options as of August
29, 2000. These options expand the choices available to 31 including the fixed
account. Among these selections are some new asset classes to the Century II
product line, which should help you further diversify your portfolio. The new
additions are:
AIM Value Fund Franklin Small Cap Fund
AIM Dent Demographic Trends Fund Franklin Real Estate Fund
AIM Telecommunications and Templeton Developing Markets Security Fund
Technology Fund Federated International Small Company II
Seligman Capital Portfolio
Seligman Communications and
Information Portfolio
In this packet of information you will find a booklet containing the
prospectuses for each of these new subaccounts, a supplement to the MFS Bond
Series prospectus telling of a new portfolio manager being added, as well as a
supplement to the prospectus for the Century II variable contract(s) you own.
Also enclosed is a brochure telling you about our "DIGITAL" prospectuses and how
you can get future updates on a CD. We must have your signature to authorize the
use of the digital format so complete the return mailer card that is a part of
this brochure and future updates are a click away.
Please call your registered representative or Kansas City Life at 1-800-616-3670
if you have questions about any of the items enclosed or about your Century II
variable contract. You may also obtain policy and billing information by calling
1-800-572-2467.
We appreciate your business and thank you for your trust. Kansas City Life
remains committed to helping customers build a financially sound future for
themselves and their families.
Sincerely,
/s/ R. Philip Bixby
R. Philip Bixby
President and Chief Executive Officer
Century II Variable Products are distributed through Sunset Financial Services,
Inc., 3520 Broadway, Kansas City, MO 64111, (816) 753-7000 (OSJ), Member
NASD/SIPC