0001193125-11-251323.txt : 20110919 0001193125-11-251323.hdr.sgml : 20110919 20110919161218 ACCESSION NUMBER: 0001193125-11-251323 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20110919 DATE AS OF CHANGE: 20110919 EFFECTIVENESS DATE: 20110919 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ZALICO VARIABLE ANNUITY SEPARATE ACCOUNT CENTRAL INDEX KEY: 0000353448 IRS NUMBER: 363050975 STATE OF INCORPORATION: IL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 333-54374 FILM NUMBER: 111097394 BUSINESS ADDRESS: STREET 1: 2500 WESTFIELD DRIVE STREET 2: LEGAL DEPARTMENT CITY: ELGIN STATE: IL ZIP: 60123 BUSINESS PHONE: 847-930-7272 MAIL ADDRESS: STREET 1: 2500 WESTFIELD DRIVE STREET 2: LEGAL DEPARTMENT CITY: ELGIN STATE: IL ZIP: 60123 FORMER COMPANY: FORMER CONFORMED NAME: KILICO VARIABLE ANNUITY SEPARATE ACCOUNT DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: KILICO MONEY MARKET SEPARATE ACCOUNT DATE OF NAME CHANGE: 19890824 0000353448 S000006943 ZALICO VARIABLE ANNUITY SEPARATE ACCOUNT C000018907 Zurich Preferred C000018908 Zurich Preferred Plus C000018909 Scudder ZS4/Zurich Archway 497 1 d234252d497.htm SUPPLEMENT DATED SEPTEMBER 19, 2011 Supplement Dated September 19, 2011

Supplement Dated September 19, 2011

to the

Prospectuses and Statements of Additional Information Dated May 1, 2004

for

Zurich Preferred Variable Annuity Contracts

Zurich Preferred Plus Variable Annuity Contracts

Zurich Archway Variable Annuity Contracts

And

Scudder ZS4 Variable Annuity Contracts

Issued By

Zurich American Life Insurance Company (formerly known as Kemper Investors Life Insurance Company)

through its

ZALICO Variable Annuity Separate Account (formerly known as KILICO Variable Annuity Separate Account)

This supplement contains important information you should know about your variable annuity contract (the “Contract”). Please read this supplement carefully and keep it with your Contract Prospectus for future reference. The following information amends the Prospectus for your Contract.

On June 30, 2011, the Board of Trustees of Credit Suisse Trust approved the liquidation of the International Equity Flex III Portfolio (the “Equity Flex III Portfolio”), an investment option under your Contract, pursuant to the terms of a Plan of Liquidation and Dissolution (the “Plan”). If the Plan is approved by the Equity Flex III Portfolio’s shareholders, the liquidation (the “Liquidation”) is currently scheduled to occur on or about October 21, 2011 (the “Liquidation Date”).

As a result of this proposed action:

 

  •  

On the Liquidation Date, we will automatically transfer any of your Contract Value that remains in the Subaccount to the subaccount that invests in the DWS Money Market VIP Portfolio (the “DWS Money Market Portfolio”) of DWS Variable Series II.

If you currently have Contract Value allocated to the Subaccount, you should consider moving your entire Contract Value in the Subaccount to one or more the other investment options available under your Contract before the Liquidation Date. Any Contract Value that remains invested in the Subaccount on the Liquidation Date will be transferred automatically to the subaccount investing in the DWS Money Market Portfolio.

At any time before the Liquidation Date, you may transfer your entire Contract Value in the Subaccount to any of the other investment options available under your Contract. If you wish to transfer your Contract Value in the Subaccount to any other investment option available under your Contract, then you may either:

 

  •  

submit written instructions by mail to our Service Center at P.O. Box 758557, Topeka, KS 66675-8557, or

 

  •  

provide instructions to our Service Center by facsimile transmission at 1-785-228-4539, or

 

  •  

if you have provided proper authorization and validating information for making telephone transfers to our Service Center, by calling at 1-800-457-9047 (toll free).

This transfer will be without charge and will not count towards the number of free transfers available under your Contract in a Contract Year.

If, on the Liquidation Date, we transfer your Contract Value from the Subaccount investing in the Equity Flex III Portfolio to the subaccount investing in the DWS Money Market Portfolio, thereafter you may transfer such Contract Value to any of the other investment options available under your Contract. If this transfer is made within 60 days after the Liquidation Date, in one transaction, it will be without charge and will not count to the number of free transfers available to you during this Contract Year.

Contract owners who have previously given us instructions to automatically allocate new net Purchase Payments to the Subaccount investing in the Equity Flex III Portfolio, or who have Dollar Cost Averaging or Automatic Account Rebalancing programs that make allocations to the Subaccount, should provide us with new allocation instructions. If we do not receive new instructions, then any such allocations made after October 20, 2011 will be invested in the subaccount investing in the DWS Money Market Portfolio until we receive other instructions.

The Funds. Detailed information about the other underlying funds available as investment options under your Contract can be found in the current prospectuses for those funds. You should read the prospectuses carefully and carefully consider the Funds’ investment objectives, charges, expenses and risks.

For more information about the Liquidation, please see the Supplement dated July 1, 2011 to the Prospectus and Statement of Additional Information of the International Equity Flex III Portfolio of the Credit Suisse Trust.

If you should have any questions, please call 1-800-457-9047 for assistance.