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					                                   Pharmacists Life Limited Annuity Offer*
The following current* interest rates apply to newly purchased Pharmacists Life
Annuities.
                                                          Base Interest Rate                       First Year Bonus Total First Year Rate
            New Contracts                                        4.0%                                    1.3%               5.3%
            Under $10,000
             New Contracts                                             4.2%                                   1.3%                   5.5%
             Over $10,000
           New Contracts                                              4.45%                                   1.3%                   5.75%
          $100,000 & Over

This Annuity offers a 3% Guaranteed Interest Rate and only an 8 year declining
surrender charge and is available to individuals from age 14 days to 70 years old. 10%
Free Withdrawal or Monthly Interest Withdrawals are available to provide liquidity.

With stock market uncertainty and low bank CD rates, The Pharmacists Life Insurance
Company, Algona, Iowa offers you an attractive alternative. Annuities are a great way to
diversify your portfolio while allowing you to enjoy the benefits of tax-deferred
earnings.**

Contact Cliff Lange LTCP, Western PA Sales Representative 724-538-5230 ,

Steven Hanks CLU, LUTCF, CLTC, Central PA Sales Representative 717-394-0464,

Bruce Charon, Eastern PA Sales Representative 610-391-9076

Or your Pharmacists Mutual Marketing Associate at 800-247-5930, ext. 4140 for this limited
time offer.

          Not available in all states. Rates subject to change. Check with your representative or the company. Minimum deposit $500.

          **Consult your tax advisor; substantial IRS penalties may attach for withdrawal prior to age 59-1/2. A non-qualified plan (Provider)
           accepts after tax dollars and only the interest earnings are taxed. A qualified plan (Provider Plus) uses pre-tax money and therefore
           all money withdrawn is taxed at the client's tax rate at the time of withdrawal. Both Provider and Provider Plus have a surrender
           charge; withdrawals in the first eight years will be assessed a penalty that starts at 8% and declines 1% per year.



                                                                                                                                             (8/05)




Notice: To report a claim, call 800-247-5930. This is not a claims reporting site. You cannot electronically report a claim to us.
                                             808 Highway 18 West, Algona, IA 50511

The Power of Tax Deferred Interest

Deferred Annuities provide you a unique opportunity to accumulate
significant assets while managing risk. The interest the annuity earns
accumulates tax-deferred. The annuity’s growth is not taxed until money is
withdrawn, so the annuity grows faster than it would in a taxable financial
product. The money grows three ways:
    1) The premiums earn interest
    2) The interest earns interest
    3) The money that would have been paid in taxes earns interest

No other taxable financial product gives that. Of course, when money is withdrawn, some of it may be taxed or
there may be an early withdrawal penalty.1 However, not many people withdraw all their money as soon as they
retire. Instead, they take only what they need, when they need it and pay taxes on that amount. The money
remaining in the contract continues to earn tax-deferred interest until it’s withdrawn. Plus, at retirement, many
people are in a lower tax bracket than they were during their accumulation years, so taxes may be less.


                                    The Power of Tax Deferred Interest

                     $150,000

                     $140,000
           Dollars




                     $130,000                                                           Tax Deferred
                     $120,000                                                           Taxable

                     $110,000

                     $100,000
                                1      2       3       4       5       6       7
                                                    Years



This example demonstrates the power of tax deferral. It illustrates the difference in gain on $100,000 premium
between a taxable CD and a tax-deferred annuity. It assumes a 5.7% interest rate the first year and 4.4%
thereafter in a 35% tax-bracket. Rates are subject to change.


1
 This example illustrates after tax dollars in a non-qualified plan where only the interest earnings are taxed. A
qualified plan uses pre-tax money and therefore all money withdrawn is taxed at the client's tax rate at the time
of withdrawal. Both nonqualified and qualified annuities have a surrender charge; withdrawals in the first eight
years will be assessed a penalty that starts at 8% and declines 1% per year.

				
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