LIMRA NAMES BANKERS LIFE AND CASUALTY COMPANY EXECUTIVE TO BOARD

CHICAGO (December 9, 2003) - Susan Morisato, Senior Vice President and Chief Actuary of Bankers Life and Casualty Company, Chicago, has been named to the 26-member Board of Directors of the Life Insurance Marketing Research Association (LIMRA).

The century-old organization serves clients with cooperative research in marketing and distribution. LIMRA helps clients identify trends, evaluate options, and create solutions for their businesses.

"Susan will be a great asset to our Board," said Charles R. Wright, LIMRA Board Chair. "Her experience as an executive and her depth of knowledge of product development will provide us new insights."

Morisato said, "I look forward to working with the Board. LIMRA is a very important partner for our industry, providing research that is timely, relevant and highly credible to outside constituencies."

At Bankers, Morisato is responsible for product development, risk management, strategic planning and market research for all products. She joined Bankers in 1979 as an actuarial assistant. Her promotion to senior vice president came in 1996.

Her professional associations include the Society of Actuaries, American Academy of Actuaries, Health Insurance Association of America, and the American Council of Life Insurers. She holds a bachelor's degree in mathematics and education and a master's in mathematics, both from the University of Illinois.

Established in 1879 and headquartered at the historic Merchandise Mart in downtown Chicago, Bankers Life and Casualty Company focuses exclusively on the financial security needs of seniors. The company offers a broad portfolio of health and life insurance and retirement savings products designed especially for seniors. These products are distributed through a national network of professionally trained company agents. Visit us online at www.bankers.com.

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