MultiRate

MultiRate is a single premium deferred annuity (SPDA) that offers the flexibility to spread your premium among six interest rate guarantee periods. Spread premium to help anticipate future rate increases, provide balance for more stability, or lock in solid rates for a longer time. Other benefits include a first-year interest rate enhancement, tax-deferred growth, free withdrawal privileges and a 100% return of premium guarantee.

Issuer(s): Western-Southern Life Assurance Company

MultiRate:

Contract series 1107-5590-I WSA, 0407-5590-I WSA and 0301-5590 WSA.

Payment of benefits under an annuity contract is the obligation of, and is guaranteed by, the insurance company issuing the annuity. Guarantees are based on the claims-paying ability of the insurer. Western-Southern Life Assurance Company, Cincinnati, OH, operates in DC and all states except AK, ME, NH, NY and RI. Integrity Life Insurance Company, Cincinnati, OH, operates in DC and all states except NY, where National Integrity Life Insurance Company, Greenwich, NY, operates. All are members of Western & Southern Financial Group. W&S Financial Group Distributors, Inc., is an affiliated agency of the issuer. Issuer has sole financial responsibility for its products. This contract has limitations. Annuity benefits offered may vary due to misstatement of sex or age. Interest rates are declared by the insurance company at annual effective rates, taking into account daily compounding of interest.

Earnings and pre-tax premium payments are subject to income tax at withdrawal. Withdrawals prior to age 59½ are generally subject to a 10% IRS penalty tax.

Western & Southern member companies and their agents do not offer tax advice. For specific tax information, consult your attorney or tax advisor. Product and feature availability, as well as benefit provisions, vary by state. See your financial professional for availability, details and limitations.

NOTE: Product availability may vary by distribution channel and state availability. Please consult your financial professional for the products they represent.

No bank guarantee.

Not a deposit.

May lose value.

Not FDIC/NCUA insured.

Not insured by any federal government agency.

Updated 10.11.17

CF-60-0000-1512