Mutual. Strong. Trusted.SM

Company overview

{ mutual is not Just part of our name. At UNIFI Mutual Holding Company (UNIFI Companies), mutual is part of our history and an everyday commitment to establish and maintain long-term trusted relationships. Unlike a stock company, a mutual organization does not offer stock on public exchanges. Rather, it is operated and maintained for the benefit of members, or policyholders. This mutual focus allows us to develop long-term strategies and make decisions benefiting our customers for decades to come.

UNIFI Companies—Ameritas Life, Acacia Life, Union Central Life and affiliated companies—offers a wide range of insurance and financial products and services to individuals, families and businesses. These products and services include life insurance; annuities; individual disability insurance; group dental, eye care and hearing care insurance; retirement plans; investments; mutual funds; banking and public finance.

For more information visit the UNIFI Companies Web site at www.UNIFIcompanies.com.

{ ameritas life historyIn 1887, there were no local insurance companies in Lincoln, Nebraska. Five local businessmen saw that as an opportunity, and on April 6, 1887, Old Line Bankers Life Insurance Company of Nebraska (Bankers Life) was formed.

During the first half of the 20th century Bankers Life grew from a small company serving a limited Midwest geographical area to one of the 100 largest insurance companies with operations extending to both coasts. By the 1950s, Bankers Life had outgrown its home office and purchased 17 acres for a new home office location, which was completed in 1959.

In the 1980s and 1990s, subsidiaries were formed to offer and underwrite variable insurance products; security and investment products; and dental insurance, individual and low-load life insurance and annuity products in New York. In 1988, Bankers Life changed its name to Ameritas Life Insurance Corp. (Ameritas) to reflect its broad product line and national scope. The American bison was chosen as the new logo. A widely recognized image, it suggests strength and represents a Midwestern heritage and work ethic.

In 1998, Ameritas Mutual Insurance Holding Company was formed, then merged in 1999 with Acacia Mutual Holding Corporation to form Ameritas Acacia Mutual Holding Company (The Ameritas Acacia Companies)—the first ever merger of two mutual holding companies. In 2006, Ameritas Acacia Mutual Holding Company merged with Union Central Mutual Holding Company and was renamed UNIFI Mutual Holding Company (UNIFI Companies).

{ aCaCia life historyAcacia Life began service on March 3, 1869, when President Andrew Johnson signed a Congressional act, which chartered the Masonic Mutual Relief Association. The company was created to provide death benefits to widows and orphans of masons. During its first month in business, the company collected $21.70 in “membership fees,” paying its first claim of $204 in December 1869.

In 1922, the company changed its name to Acacia Mutual Life Association, borrowing the symbol of immortality from the acacia tree. The newly named Acacia Mutual Life Insurance Company (Acacia) began selling its products to more than just masons in 1932. During the World War II era, Acacia liberalized the “war clauses” on most of its life policies, earning it the moniker, the “Serviceman’s Company.”

Acacia continued its growth for decades. But in response to clients’ needs for a more full- service financial organization, Acacia purchased Calvert Group, Ltd. (Calvert) in 1984. Today, Calvert is a leader in fixed income and sustainable and responsible investing. In 1985, the company received Congressional approval for the creation of Acacia Federal Savings Bank.

In 1997, Acacia Mutual Holding Corporation was formed. In 1999, Acacia Mutual Holding Corporation merged with Ameritas Mutual Insurance Holding Company to form Ameritas Acacia Mutual Holding Company (The Ameritas Acacia Companies). In 2006, Ameritas Acacia Mutual Holding Company merged with Union Central Mutual Holding Company and was renamed UNIFI Mutual Holding Company (UNIFI Companies).

{ union Central life historyFounded in 1867, The Union Central Life Insurance Company was the first life insurance company chartered in the state of Ohio. Dr. John Pascal Paoli Peck, a physician turned businessman, started the company with his own funds and stock capitalization from the leaders of thriving Cincinnati businesses, including W.A. Procter and James Gamble of Procter and Gamble. Dr. Peck chose the company’s name in recognition of the newly preserved Union and the company’s central geographic location within the United States at that time.

The booming businesses and population of the Ohio River Valley were its first clientele. The prosperous years of the industrial revolution saw Union Central expand its field force across the nation. Clients could now be found from coast to coast. Union Central President John Pattison was elected governor of Ohio in 1905. Further growth could be seen in the company’s new headquarters in downtown Cincinnati. Completed in 1913, the white column-topped tower remains a signature of the Cincinnati skyline.

During the Great Depression, the company was able to pay claims and policy cash surrenders without delay, further strengthening its reputation for reliability. Expanding business following World War II prompted a move to a spacious new campus in Cincinnati’s Forest Park suburb in 1964. In the following decades, the company responded to increasing demand for an expanded portfolio of financial products and services. A broker dealer was created in the 1980s, and the focus of the 1990s was bringing leading-edge products to market swiftly, such as variable universal life and second-to-die life insurance. On January 1, 2006, Union Central formed a mutual holding company and in turn merged with Ameritas Acacia Mutual Holding Company, which was renamed UNIFI Mutual Holding Company (UNIFI Companies). In April 2009, Union Central became a wholly owned subsidiary of Ameritas Life.

{ unifi faCtsCorporate structure: Mutual Holding Company

state of Domicile: Nebraska

headquarters: Lincoln, Nebraska

home office locations: Lincoln, Neb. and Bethesda, Md. Additional offices in Cincinnati, Ohio; San Antonio, Texas; Suffern, N.Y.; Wayne, Neb.; Fallbrook (Lincoln, Neb.); and Falls Church, Va.

policyholders/members: Approximately 435,000

assets under management: Nearly $29.5 billion

life insurance in force: Approximately $76.4 billion

total Gaap assets: Approximately $15.5 billion

total Gaap equity: Approximately $1.6 billion

number of associates: Approximately 2,500 nationwide

products and services: life insurance; annuities; individual disability insurance; group dental, eye care and hearing care insurance; retirement plans; investments; mutual funds; banking and public finance

Financials as of December 31, 2008

{ finanCial strenGthThe financial strength and operating performance of Ameritas Life Insurance Corp., Acacia Life Insurance Company, The Union Central Life Insurance Company and First Ameritas Life Insurance Corp. of New York are reflected in strong group ratings by independent rating agencies.

standard & poor’saa- (very strong) for insurer financial strength. This is the fourth highest of S&P’s 21 ratings.

a.m. Best Companya (excellent) for financial strength and operating performance. This the third highest of A.M. Best’s 15 ratings.

{ offiCe loCationshome office locations: Lincoln, Nebraska and Bethesda, Maryland

additional office locations: Cincinnati, Ohio; Suffern, New York; San Antonio, Texas; Wayne, Nebraska; Fallbrook (Lincoln, Nebraska); and Falls Church, Virginia

Wayne, Nebraska

Lincoln, Nebraska

San Antonio, Texas Cincinnati, OhioBethesda, Maryland

Suffern, New York

Falls Church, Virginia

{ unifi proDuCts anD serviCeslife insurance and annuitiesLife insurance and annuities are designed to provide peace of mind for you and your loved ones against the uncertainties of tomorrow, while providing diversity and flexibility to serve your financial and investment needs today.

Contact information:Ameritas Life Insurance Corp. • www.ameritas.com • 800-745-1112Acacia Life Insurance Company • www.acaciagroup.com • 800-444-1889The Union Central Life Insurance Company • www.unioncentral.com • 800-825-1551First Ameritas Life Insurance Corp. of New York • newyork.ameritas.com • 800-222-6968

retirement plansA well-funded retirement plan, backed by high service standards, is everyone’s dream. A competitive benefits package is the vision of every growing business. Retirement savings plans are available for individuals, families and businesses, as well as plans for government entities, schools and universities, and 501(c)(3) organizations.

Contact information:UNIFI COMPANIES RETIREMENT PLANSAmeritas Retirement Plans, a division of Ameritas Life Insurance Corp. • retire.UNIFIcompanies.com • 800-923-2732Union Central Retirement Plans, a division of The Union Central Life Insurance Company • retire.UNIFIcompanies.com • 800-825-4546

investmentsOffering today’s investors a full spectrum of financial products that are backed by outstanding service. Whatever the investment—stocks, bonds, socially responsible investing, mutual funds, fixed-income securities and others—we have the professionals and resources to help clients reach their financial goals.1

Contact information:Ameritas Investment Corp. • www.aicinvest.com • 800-335-9858Calvert Group, Ltd. • www.calvert.com • 800-327-2109 Summit Investment Advisors, Inc. • www.summitinvestmentpartners.com • 877-731-3336Summit Investment Partners, Inc. • www.summitinvestmentpartners.com • 877-546-3863Union Central Mortgage Funding, Inc. • www.summitinvestmentpartners.com • 513-632-1600

individual Disability insurance For those who are the sole income producer, or share that responsibility with other family members, disability insurance offers income protection if a debilitating illness or injury should strike. Protection also is available for businesses when employees can’t work as a result of an illness or injury, and for small business owners.

Contact information:The Union Central Life Insurance Company • www.unioncentral.com • 800-825-1551

Group Dental, eye Care and hearing Care insuranceFor businesses of any size, employees can access flexible, affordable dental, eye care and hearing care products and services. These products are backed by superior customer service, a choice of plan designs, access to a quality Participating Provider Organization (PPO) panel and a state-of-the-art claims-paying system.

Contact information:Ameritas Group, a division of Ameritas Life Insurance Corp. • www.ameritasgroup.com • 800-776-9446First Ameritas Life Insurance Corp. of New York • www.firstameritasgroup.com • 800-201-8562

BankingOffering personal banking services tailored to fit your lifestyle. Open an account and access your money utilizing banking services in a manner that makes the most sense to you. Whether it’s checking, flex-term certificates of deposit, money market accounts, savings, mortgage or student loans, we custom-fit the needs of any customer at any time and from anywhere.2

Contact information:Acacia Federal Savings Bank • www.afsbonline.com • 800-950-0236

public financeAmeritas Investment Corp.’s public finance professionals provide financing solutions to fund public improvements. Their knowledge helps community leaders raise the necessary capital through a bond issue to enhance the quality of life in Nebraska communities, as well as those in neighboring states. Clients include government and not-for-profit organizations, such as school and utility districts, counties, colleges and universities, health care networks, municipalities and sanitary improvement districts.

Contact information:Ameritas Investment Corp., Public Finance Division • www.aicinvest.com • 877-523-6198 – Lincoln • 800-700-2362 – Omaha

1 Securities offered through affiliate Ameritas Investment Corp. Member FINRA/SIPC.2 Bank products offered through Acacia Federal Savings Bank. Member FDIC.

Approved For Client Use.

Ameritas Life Insurance Corp.5900 O Street

Lincoln, Nebraska 68510402-467-1122

Toll Free: 800-745-1112

Acacia Life Insurance Company7315 Wisconsin Avenue

Bethesda, Maryland 20814301-280-1000

Toll Free: 800-444-1889

The Union Central Life Insurance Company

1876 Waycross Road Cincinnati, Ohio 45240

513-595-2200Toll Free: 800-825-1551

UN 1011 6/09

www.UNIFIcompanies.com