Banner Life Insurance Co – ‘N-30D’ for 12/31/95

As of:  Thursday, 4/25/96   ·   For:  12/31/95   ·   Accession #:  9781-96-5   ·   File #:  812-07403

in

this entire Filing. an “Entity” Search.

Show

Documents searched

and

each “hit”. the 1st “hit”.

↓↑Hints

Annual or Semi-Annual Report Mailed to Shareholders   —   Rule 30d-1
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: N-30D       Annual or Semi-Annual Report Mailed to                 1      6K 
                          Shareholders                                           


February 23, 1996                                                               

Dear Policyowner:                                                               

Enclosed is your annual report for the Scudder Variable Life Investment Fund,   
dated December 31, 1995.  Scudder reports that: "...the U.S. stock market       
appears to be reasonably valued based on 1996 earnings forecasts"; and, "...the 
long-term outlook for U.S. financial assets is positive, as the economy is      
expected to grow without inflation."  Scudder adds that while: "...a repeat of  
1995's exceptional performance is unlikely.....Many international markets are   
attractively valued by comparison ...underscoring the value of a global approach
to investing."  Additionally, Scudder believes that trends in technology,       
globalization and deregulation may result in an era that will benefit investors.

The details for each Portfolio's performance and strategy are included in the   
annual report. Also enclosed is an Account Change Request form should you wish  
premium allocation and/or transfer assets from one separate account to another. 

If you have any questions or require additional service, please call our toll   
-free number,1-800-638-3350.                                                    

Sincerely,                                                                      

Greg Yates                                                                      
Manager, Customer Service                                                       

The following document accompanied this letter to policyowners and are hereby   
incorporated by reference.                                                      

The Annual Report of the Scudder Variable Life Fund dated December 31, 1995,    
that was filed with the Securities and Exchange Commission ("Commission") on    
February 12, 1996  (File No. 811-084257)                                        
)                                                                               

Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘N-30D’ Filing		Date		Other Filings
Filed on:		4/25/96
		2/23/96
		2/12/96
For Period End:		12/31/95		24F-2NT
				List all Filings