-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Q7U++EBC6oyaBc1cxjL1MUBL9WuWYvQO69Bi4rGCGNOMIZY9t37LZokOjPHPp2gy ac6Vu7FCT1UDnUtQGB5j7A== 0000910739-00-000004.txt : 20000510 0000910739-00-000004.hdr.sgml : 20000510 ACCESSION NUMBER: 0000910739-00-000004 CONFORMED SUBMISSION TYPE: 424B3 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20000509 FILER: COMPANY DATA: COMPANY CONFORMED NAME: LINCOLN BENEFIT LIFE CO CENTRAL INDEX KEY: 0000910739 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 470766853 STATE OF INCORPORATION: NE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 424B3 SEC ACT: SEC FILE NUMBER: 333-88045 FILM NUMBER: 623415 BUSINESS ADDRESS: STREET 1: P O BOX 80469 STREET 2: 2940 SOUTH 84TH ST CITY: LINCOLN STATE: NE ZIP: 68501 BUSINESS PHONE: 4024794061 MAIL ADDRESS: STREET 1: PO BOX 80469 CITY: LINCOLN STATE: NE ZIP: 68501 424B3 1 LINCOLN BENEFIT LIFE PREMIER PLANNER VA PROSPECTUS SUPPLEMENT To prospectus dated May 1, 2000 Lincoln Benefit Premier Planner Variable Annuity We are applying for an exemptive order of the Securities and Exchange Commission that would permit us to administer the Contract's terms relating to recovery of certain Credit Enhancement credits upon exercise of free look rights in the manner described in this Prospectus. There is no assurance that such relief will be granted. Until we receive the requested order, the following provisions will apply: The paragraph entitled "Credit Enhancements" on page 13 is deleted in its entirety and replaced with the following paragraph: We will credit your Contract Value with a Credit Enhancement of 4% of each Purchase Payment before we allocate that Purchase Payment among the Subaccounts or to the Fixed Account. The Credit Enhancements will be allocated in the same proportions as the corresponding Purchase Payment. As described in "Free Look Period" on page 14, if you cancel your Contract during the free look period we may deduct all or a portion of any Credit Enhancement from the amount paid you. The third sentence in the paragraph entitled "Free-Look Period" on page 13 is deleted in its entirety and replaced with the following sentences: If you return the Contract, the Contract terminates. In most states, we will pay you an amount equal to: (a) if the Contract Value has increased or remained the same, the Contract Value on the date we receive your Contract from you, minus the Credit Enhancement; or (b) if the Contract Value has decreased, the Contract Value on the date we receive your Contract from you, minus the Credit Enhancement plus any mortality and expense risk charge or other charge assessed on your Contract. The third sentence in the paragraph entitled "Free-Look Period" on page 14 is deleted in its entirety and replaced with the following sentences: If you return the Contract, the Contract terminates. In most states, we will pay you an amount equal to: (a) if the Contract Value has increased or remained the same, the Contract Value on the date we receive your Contract from you, minus the Credit Enhancement; or (b) if the Contract Value has decreased, the Contract Value on the date we receive your Contract from you, minus the Credit Enhancement plus any mortality and expense risk charge or other charge assessed on your Contract. The last sentence under the first paragraph entitled "Credit Enhancement" on page 15 is deleted in its entirety and replaced with the following sentence: The amount returned if the Contract Owner exercises his or her right to return the Contract during your Free Look Period may be reduced by all or a portion of any Credit Enhancements applied. Supplement dated May 1, 2000 -----END PRIVACY-ENHANCED MESSAGE-----