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BANKERS CONSECO LIFE INSURANCE COMPANY INTRODUCES NEW HEALTH AND LIFE INSURANCE OPTIONS FOR SENIORS IN NEW YORK

Thursday, January 12, 2006

CHICAGO (Dec. 1, 2006) - Bankers Conseco Life Insurance Company today announced that it will begin selling health and life insurance plans, including those specifically designed for seniors, through their career agent force in the state of New York, effective immediately.

Bankers' product portfolio will be available in New York through agents in newly-opened offices in Syracuse, Jamestown and Albany. At least six additional branches and satellite offices are planned to be opened throughout the state in 2007.

"The New York market is very important to Bankers," said Scott Perry, Executive Vice President at Bankers. "There are more than one million households with people age 65 or older in the state, and we see a great opportunity to provide the seniors of New York with additional options for health and life coverage."

Bankers' comprehensive product portfolio is designed to meet the retirement planning needs of the mature market. Plans available in New York include long-term care, Medicare supplement, Medicare Advantage Private-Fee- For-Service, Medicare Prescription Drug Plans, and whole life.

"With all the changes to Medicare, as well as long-term care costs increasing each year, seniors have a lot of confusing information and options to sort through," said Perry. "As specialists in the mature market, our agents are trained to understand the issues and needs specific to seniors and are dedicated to helping them determine solutions that best meet their goals for financial security."

Bankers Conseco Life Insurance Company focuses on the financial security needs of the mature market. The New York company, a subsidiary of Conseco, Inc., offers a broad portfolio of health and life insurance and retirement savings products designed especially for seniors. Visit us online at http://bankersconseco.com/.

Contact: Barbara Ciesemier
312-396-7461
b.ciesemier@banklife.com

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