The NEA Valuebuilder Program provides investment products (the NEA Valuebuilder products) in connection with retirement plans sponsored by school districts and other employers of NEA members and individual retirement accounts established by NEA members. Security Distributors, and certain of its affiliates (collectively Security Benefit) make the NEA Valuebuilder products available under this program pursuant to an agreement with NEA's wholly-owned subsidiary, NEA Member Benefits (MB). Security Benefit has the exclusive right to offer the NEA Valuebuilder products under the program, and MB generally may not enter into arrangements with other providers of similar investment programs or otherwise promote to NEA members or their employers any investment products that compete with the NEA Valuebuilder products. MB promotes the program to NEA members and their employers and provides certain services in connection with the program. Security Benefit pays an annual fee to MB based in part on the average assets invested in the NEA Valuebuilder products under the agreement. You may wish to take into account this agreement and arrangement, including any fees paid, when considering and evaluating any communications relating to the NEA Valuebuilder products. NEA and MB are not affiliated with Security Benefit. Neither NEA nor MB is a registered broker-dealer. All securities brokerage services are performed exclusively by your sales representative's broker-dealer and not by NEA or MB.
The NEA Valuebuilder Variable Annuity, Contract Form No. V6029 (11-00), is a flexible premium deferred variable annuity issued by Security Benefit Life Insurance Company (SBL) and distributed by Security Distributors. SBL is a subsidiary of Security Benefit Corporation (Security Benefit).
NOT A DEPOSIT
NOT FDIC INSURED
NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY
NOT GUARANTEED BY ANY BANK — MAY GO DOWN IN VALUE