Exhibit 99.4

Directors and Executive Officers of Universal Guaranty Life Insurance Company:
	Jesse T. Correll, Director, CEO and Chairman of the Board
	James P. Rousey, Director and President
	John S. Albin, Director
	Randall L. Attkisson, Director
	Joseph A. Brinck, Director
	Ward F. Correll, Director
	Thomas F. Darden, Director
	Howard L. Dayton, Director
	Daryl J. Heald, Director
	Peter L., Ochs, Director
	William W. Perry, Director
Directors and Executive Officers of UTG, Inc.:
	Jesse T. Correll, Director, CEO and Chairman of the Board
	James P. Rousey, Director and President
	John S. Albin, Director
	Randall L. Attkisson, Director
	Joseph  A. Brinck, Director
	Ward F. Correll, Director
	Thomas F. Darden, Director
	Howard L. Dayton, Director
	Daryl J. Heald, Director
	Peter L., Ochs, Director
	William W. Perry, Director

The following table shows the business address and principal occupation(s) of the individuals identified above in this Exhibit:

John S. Albin	2445 E 875 N Douglas County P O Box 377 Newman, IL  61942	Director UTG, Inc and Universal Guaranty Life Insurance Company
Randall L. Attkisson	143 Cold Spring Drive Stanford, KY  40484	Director UTG, Inc, Universal Guaranty Life Insurance Company, ACAP Corporation, American Capitol Insurance Company
Joseph A. Brinck	201 Sales Avenue Harrison, OH  45030	Director UTG, Inc and Universal Guaranty Life Insurance Company
Jesse T. Correll	P O Box 328 99 Lancaster Street Stanford, KY  40484	Director, CEO and Chairman of the Board UTG, Inc, Universal Guaranty Life Insurance Company, ACAP Corporation, American Capitol Insurance Company
Ward F. Correll	P O Box 430 150 Railroad Drive Somerset, KY  42502	Director UTG, Inc, Universal Guaranty Life Insurance Company, ACAP Corporation and American Capitol Insurance Company
Thomas F. Darden	111 E. Hargett Street Suite 300 Raleigh NC  27601-1439	Director UTG, Inc and Universal Guaranty Life Insurance Company
Howard L. Dayton	601 Broad Street SE Gainesville, GA  30501-3790	Director UTG, Inc and Universal Guaranty Life Insurance Company
Daryl J. Heald	820 Broad Street Suite 300 Chattanooga, TN  37402	Director UTG, Inc and Universal Guaranty Life Insurance Company
Peter L. Ochs	319 South Oak Wichita, KS  67213	Director UTG, Inc and Universal Guaranty Life Insurance Company
William W. Perry	508 West Wall Street Suite 1250 P O Box 10886 Midland, TX  79701	Director UTG, Inc, Universal Guaranty Life Insurance Company and American Capitol Insurance Company
James P. Rousey	5250 South Sixth Street Springfield, IL  62703	Director UTG, Inc, Universal Guaranty Life Insurance Company, ACAP Corporation and American Capitol Insurance Company