Center for Senior Studies Press Release

GUARANTY INCOME LIFE INSURANCE COMPANY

Press Release

February 16, 2000, Baton Rouge, LA. Guaranty Income Life Insurance Company (GILICO) announced today that it has selected The Center for Senior Studies as its first Partner in Quality Education. John Lancaster, President of GILICO, stated "The Center for Senior Studies is a natural partner for us. Seniors are our market, and an educated sales force makes best use of our unique products."

One such product is the company's new AnnuiCare® product. This unique product is designed to provide a low cost alternative to conventional long-term care insurance. AnnuiCare® is a tax deferred annuity that also provides long-term care benefits and will be attractive to individuals financially able to handle at least two years of long-term care expenses on their own, but who wish to protect their assets against a greater liability. To find out more about this exciting new offering, visit GILICO's Web site at AnnuiCare® - www.gilico.com/annuicare.html.

The Center for Senior Studies exists to enrich communication between the professional community and maturing individuals; to promote awareness and to facilitate research and education focusing on the special needs of aging citizens. The Center sponsors the CSS® professional development series, a four course program designed for insurance professionals, financial planners, attorneys, CPA's and others working in the ever-expanding senior market. Jeff Sadler, President of The Center for Senior Studies, commented that, "The program is geared toward those who assist people over age 50 with all aspects of the financial and retirement planning process, from life insurance and annuities to long-term care insurance and government entitlement programs. We are thrilled that the good people at GILICO have selected our program." Upon successful completion of the curriculum, students will be awarded the Certified Senior Specialist (CSS®) designation.

Guaranty Income Life Insurance Company was founded in 1926 and is a Legal Reserve insurance company currently licensed in 31states. In addition to cost-effective life insurance, long-term care and annuity programs, GILICO offers products and services to help families meet their financial needs of wealth protection and wealth creation today and in the future.

For More Information Contact: Darlene Cooper at Guaranty Income Life Insurance Company at (800) 535-8110 or email darlene@gilico.com.

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