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NEWS FROM VANTIS LIFE INSURANCE COMPANY

For Immediate Release
Contact: Tory F. Lawson
860.652.0300 ext. 540
toryl@cashman-katz.com

Vantis Life Insurance Company Names Scott Smith Senior Vice-President and COO


Diane Maestrone and Marjory Berky receive promotions

WINDSOR, CT - Vantis Life, one of the country's leading providers of affordable life insurance and annuity products in the bank and credit union channels, is pleased to announce the appointment of Scott E. Smith of South Windsor, CT as Senior Vice President and Chief Operating Officer.

"Our remarkable success here at Vantis Life can be largely attributed to the quality and dedication of people like Scott," said Peter Tedone, Vantis Life's President and CEO. "As Senior Vice-President and COO of our organization, Scott will play an even greater role in growing our business and providing our clients with world-class products and services."

Mr. Smith joined Vantis Life Insurance Company in July 1998 as Vice President of Information Technology and Operations. In December 2000 he was appointed Senior Vice President - Operations. Mr. Smith is responsible for the overall direction of information technology, customer service, facility management, underwriting, claims, and operational strategies to meet the company's business objectives. He also coordinates the company's regulatory and market conduct compliance initiatives.

Prior to joining Vantis Life Insurance Company, Mr. Smith held various positions in bank operations for 16 years. He received his Bachelor of Arts in Communications from Southern Connecticut State University.

Vantis Life also announced that Diane Maestrone of Glastonbury, CT has been appointed Assistant Vice President of Claims and Compliance. Ms. Maestrone joined the company in 1987 and most recently held the position of Director of Claims and Compliance since 1997.

Marjory Berky of Windsor, CT has been promoted to Executive Assistant to the President Corporate Secretary. Ms. Berky joined the company in 1999 and has held the position of Executive Assistant to the President/Chief Executive Officer since that time.

"Over the past several years Vantis Life has seen its business grow substantially," Tedone said. "One of our fundamental philosophies here at Vantis Life is to acknowledge and encourage the efforts of our hard-working employees."

About Vantis Life Insurance Company
Vantis Life (www.vantislife.com) makes life insurance affordable for hard-working American families. With the financial strength of more than $650 million in assets and an A-Excellent rating from A.M. Best, Vantis Life is sold by licensed representatives at financial institutions in various states, as well as through a professional, licensed direct sales force in the Windsor, Connecticut headquarters. For more information about Vantis Life Insurance Company, visit www.vantislife.com.