PRIVACY NOTICE

In the course of providing our products and services to you, Life Insurance Company of Alabama will obtain information about you. This Privacy Notice generally describes our policy about obtaining and disclosing that information.

Information we may obtain. Depending on the type of product or service we are providing, Life of Alabama may obtain customer information, financial information, and/or health information about you.

Customer Information. Customer information includes identifying information such as your name,

address, telephone number, and demographic data about you. It also includes information about

your transactions with us such as the type and value of Life of Alabama insurance products you

own and the amount of insurance premiums you pay to us.

Financial Information. Financial information is information covered by the Fair Credit Reporting

Act and includes information such as your credit history, income, assets, type and value of other

insurance products you own or for which you have applied, and amount of insurance premiums

you pay to other insurance companies.

Health Information. Health information includes information about your health and medical history,

and your insurance underwriting risk factors.

We may obtain the customer information, financial information, and/or health information described

above from:

· your independent sales agent	· anyone who you have authorized to provide
· your application and related forms	information to us
· your other communications with us	· processing and recording your transactions
· consumer reporting agencies	· processing your claims for benefits
· employers

What we do with the information we obtain. At Life of Alabama, we maintain physical, electronic and procedural safeguards to protect all the information we have obtained about you.

Customer Information. In order to offer you products and services that may be of value to you, we

may, where permitted by law, disclose the customer information described above to the following types

of persons or organizations:

· organizations that provide marketing	· retailing and marketing affiliates of
services on our behalf	Life of Alabama that offer products or
· other financial institutions with which we	services other than insurance
jointly provide financial products or services	· anyone to whom you have authorized us to
· other insurance companies that are affiliated	disclose the information
with Life of Alabama	· others as permitted or required by law

Financial and Health Information. We will not disclose the financial and health information

described above to anyone outside of Life of Alabama unless you have authorized us to do so, or

as permitted or required by law. Examples of disclosures permitted by law would include disclosures

to organizations that provide claims administration, underwriting, investigation or policyholder services

for us or on our behalf.

Independent Sales Agents. Sales agents representing Life of Alabama are independent, and your independent sales agent may gather and retain customer information, financial information and/or health information about you. The use and protection of that information by your independent sales agent is your independent sales agent’s responsibility, not the responsibility of Life of Alabama. If you have questions about whether or how your independent sales agent uses or discloses such information, please contact your independent sales agent.

Changes to our Privacy Notice. Our policy about obtaining and disclosing information may change from time to time. We will provide you with notice of any material change to this policy before we implement the change.

PRIVACY NOTICE:
Life Insurance Company of Alabama

June, 2001