LOGO: ZURICH LIFE LOGO: WORLD FINANCIAL GROUP   POWER V Variable Universal Life 2002 Annual Report   Includes annual reports for: Scudder Variable Series I Scudder Variable Series II American Skandia Trust Fidelity Variable Insurance Products Fund

LOGO: WORLD FINANCIAL GROUP

World Financial Group, Inc. (WFG or World Financial Group) is an independent marketing company whose affliates offer life insurance and a broad array of financial products and services. Securities are offered through World Group Securities, Inc. (WGS or Worl Group Securities), Member NASD/SIPC. Insurance products offered through World Financial Group Insurancce Agency, Inc. (WFGIA). WFG, WGS, WFGIA are affliated companies.

11415 Johns Creek Parkway, Duluth, GA 30097

Power V is marketed exclusively by World Group Securities, Inc.;

distributed by Investors Brokerage Services, Inc.; and

underwritten by Kemper Investors Life Insurance Company,

Schaumburg, IL 60196-6801

PWRV-AR (02/03)

LOGO: ZURICH LIFE 1600 McConnor Parkway Schaumburg, IL 60196-6801 Postage Paid Stamp