| |
Information about the ING Life Insurance and Annuity Company found in your Prospectus is deleted |
and replaced with the following: | |
|
ING Life Insurance and Annuity Company (the “Company,” “we,” “us,” “our”) issues the contracts described in this |
prospectus and is responsible for providing each contract’s insurance and annuity benefits. All guarantees and benefits |
provided under the contracts that are not related to the separate account are subject to the claims paying ability of the |
Company and our general account. We are a stock life insurance company organized under the insurance laws of the State |
of Connecticut in 1976. Through a merger, our operations include the business of Aetna Variable Annuity Life Insurance |
Company (formerly known as Participating Annuity Life Insurance Company, an Arkansas life insurance company |
organized in 1954). Prior to January 1, 2002, the Company was known as Aetna Life Insurance and Annuity Company. |
|
We are an indirect, wholly owned subsidiary of Voya Financial, Inc. (“VoyaTM”), which until April 7, 2014, was known as |
ING U.S., Inc. In May 2013 the common stock of Voya began trading on the New York Stock Exchange under the symbol |
“VOYA” and Voya completed its initial public offering of common stock. | |
|
Voya is an affiliate of ING Groep N.V. (“ING”), a global financial institution active in the fields of insurance, banking and |
asset management. In 2009, ING announced the anticipated separation of its global banking and insurance businesses, |
including the divestiture of Voya, which together with its subsidiaries, including the Company, constitutes ING’s U.S.- |
based retirement, investment management and insurance operations. As of March 25, 2014, ING’s ownership of Voya was |
approximately 43%. Under an agreement with the European Commission, ING is required to divest itself of 100% of Voya |
by the end of 2016. | |
|
|
|
|
X.MULTI-14GW | May 2014 |