485BPOS 1 d485bpos.htm FARMERS VUL II Farmers VUL II

As filed with the Securities and Exchange Commission on October 22, 2009

Registration Nos. 333-100287 and 811-09507

 

 

 

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

FORM N-6

 

 

 

   REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933   ¨
   Pre-Effective Amendment No.   ¨
   Post-Effective Amendment No. 10   x
   and  
   REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY   ¨
   ACT OF 1940  
   Amendment No. 23   x

 

 

FARMERS VARIABLE LIFE SEPARATE ACCOUNT A

(Exact Name of Registrant)

 

 

FARMERS NEW WORLD LIFE INSURANCE COMPANY

(Name of Depositor)

3003 - 77th Avenue, S.E., Mercer Island, Washington 98040

(Address of Depositor’s Principal Executive Offices)

(206) 232-8400

(Depositor’s Telephone Number, including Area Code)

Name and Address of Agent for Service:

Brian F. Kreger, Esq.

Vice President, Corporate Secretary, and General Counsel

Farmers New World Life Insurance Company

3003 - 77th Avenue, S.E.

Mercer Island, Washington 98040

 

 

Approximate Date of Proposed Public Offering:

As soon as practicable after the effective date of this registration statement.

 

 

It is proposed that this filing will become effective:

  ¨ Immediately upon filing pursuant to paragraph (b) of Rule 485
  x On October 23, 2009 pursuant to paragraph (b) of Rule 485
  ¨ 60 days after filing pursuant to paragraph (a)(1) of Rule 485
  ¨ On                      pursuant to paragraph (a)(1) of Rule 485

If appropriate, check the following box:

 

  ¨ This post-effective amendment designates a new effective date for a previously filed post-effective amendment.

 

 

Title of securities being registered:

Units of interest in a separate account under individual flexible premium variable life insurance policies.

 

 

 

Explanatory Note

Registrant is filing this post-effective amendment (“Amendment”) for the sole purpose of reflecting changes relating to the investment options available under the variable life insurance policies described in the Registration Statement. These changes are the result of the merger of the MidCap Stock Account of the Principal Variable Contracts Funds, Inc. (“Fund”) into the Fund’s MidCap Blend Account. The Amendment is not intended to amend or delete any part of the Registration Statement, except as specifically noted herein.

Supplement Dated October 23, 2009

To the

Prospectus Dated May 1, 2009

For the

Farmers Life Accumulator

Issued through

Farmers Variable Life Separate Account A (the “Separate Account”)

Offered by

Farmers New World Life Insurance Company

IMPORTANT NOTICE REGARDING FUND MERGER

Effective October 23, 2009, the PVC MidCap Stock Account will merge into and become part of the PVC MidCap Blend Account of Principal Variable Contracts Funds, Inc. (“PVC”). As of the close of business on October 23, 2009, the subaccount investing in the PVC MidCap Stock Account will own shares of the PVC MidCap Blend Account, and will be combined into a new subaccount that invests in the PVC MidCap Blend Account. Following the merger, your investment in the subaccount investing in the PVC MidCap Stock Account will automatically become an investment in the subaccount investing in the PVC MidCap Blend Account.

Unless you provide us with alternative instructions, any instructions that you have in effect with respect to the subaccount that invests in the PVC MidCap Stock Account will be treated as instructions with respect to the subaccount that invests in the PVC MidCap Blend Account. Such instructions would include, for example, instructions as to allocation of premium payments and instructions for automatic programs, such as the Automatic Asset Rebalancing Program or Dollar Cost Averaging Program. However, you may change such instructions at any time, in the manner and subject to the terms and conditions set forth in your Contract to the Prospectus.

You will not incur any fees or charges or any tax liability because of the merger, and your contract value in the subaccount corresponding to the PVC MidCap Stock Account immediately before the merger will equal your contract value in the subaccount corresponding to the PVC MidCap Blend Account immediately after the merger.

This Supplement amends the current Prospectus by removing references to PVC MidCap Stock Account and inserting PVC MidCap Blend Account in the following places:

 

1. In the identification of the funding choices on the cover page of the Prospectus, under Principal Variable Contracts Funds, Inc. (“PVC”) – Class 2 Shares, delete reference to PVC MidCap Stock Account and replace it with the following:

Principal Variable Contracts Funds, Inc. (“PVC”) – Class 2 Shares

PVC MidCap Blend Account1 (effective 10-23-09)

 

1

Effective after the close of business on October 23, 2009, the PVC MidCap Stock Account was merged into the existing PVC MidCap Blend Account of Principal Variable Contracts Funds, Inc.

2. On page 14 of your Prospectus, delete reference to the PVC MidCap Stock Account and add the following:

 

Portfolio

   

Investment Objective and Investment Adviser

PVC MidCap Blend Account (Class 2 Shares) (effective 10-23-09)2    Seeks to achieve capital appreciation. The investment adviser is Principal Management Corporation and the portfolio is currently managed by Principal Global Investors.

 

2

Effective after the close of business on October 23, 2009, the PVC MidCap Stock Account was merged into the existing PVC MidCap Blend Account of Principal Variable Contracts Funds, Inc.

Please retain this Supplement for future reference.

*    *    *

If you have any questions, please call the Service Center toll-free at 1-877-376-8008 or write the Service Center at P. O. Box 724208, Atlanta, GA 31139.

PART C

OTHER INFORMATION

 

Item 26. Exhibits

 

(a) Board of Directors Resolutions.

 

  1)

Resolution of the Board of Directors of Farmers New World Life Insurance Company establishing Farmers Variable Life Separate Account A.1

 

(b) Custodian Agreements. Not applicable.

 

(c) Underwriting Contracts.

 

  1)

Distribution Agreement among Farmers New World Life Insurance Company, Farmers Variable Life Separate Account A, and WM Funds Distributor, Inc. 24

 

  2)

Form of Selling Agreement among Farmers New World Life Insurance Company, WM Funds Distributor, Inc. and WM Financial Services, Inc.11

 

  3)

Distribution Agreement between Farmers New World Life Insurance Company and Farmers Financial Solutions LLC.3

 

  4)

Registered Representative Agreement, Farmers Financial Solutions LLC.3

 

  5)

Amended and Restated Distribution Agreement between Farmers New World Life Insurance Company and Farmers Financial Solutions, LLC. 18

 

  6)

Amended and Restated Distribution Agreement between Farmers New World Life Insurance Company and Farmers Financial Solutions, LLC.23

 

(d) Contracts.

 

  1)

Specimen Flexible Premium Variable Life Insurance Policy.8

 

  2)

Monthly Disability Benefit Rider.8 10

 

  3)

Accelerated Benefit Rider.8

 

  4)

Accelerated Benefit Rider for Terminal Illness.14

 

  5)

Revised Variable Policy Facing Page.14

 

  6)

Revised Policy Specifications.19

 

(e) Applications.

 

  1)

Form of Policy Application for Variable Life Insurance.9

 

  2)

Revised Variable Universal Life Application Supplement (2007) 21

 

  3)

Revised Variable Universal Life Application Supplement (May 2008)24

 

(f) Depositor’s Certificate of Incorporation and By-Laws.

 

  1)

Articles of Incorporation of Farmers New World Life Insurance Company.1

 

  2)

By-laws of Farmers New World Life Insurance Company. 1

 

  3)

Amended Articles of Incorporation of Farmers New World Life Insurance Company. 22

 

(g) Reinsurance Contracts.

 

  1)

Facultative Yearly Renewable Term Reinsurance Agreement Between Farmers New World Life Insurance Company and Company A.12

 

  2)

Facultative Yearly Renewable Term Reinsurance Agreement Between Farmers New World Life Insurance Company and Company B.12

 

(h) Participation Agreements.

  1)

Participation Agreement among WM Variable Trust, WM Funds Distributor, Inc. and Farmers New World Life Insurance Company.3

 

  2)

Participation Agreement among Franklin Templeton Variable Insurance Products Trust, Franklin Templeton Distributors, Inc. and Farmers New World Life Insurance Company. 2

 

  3)

Amendment No. 1 to Participation Agreement among Franklin Templeton Variable Insurance Products Trust, Franklin Templeton Distributors, Inc. and Farmers New World Life Insurance Company. 3

 

  4)

Amendment No. 2 to Participation Agreement among Franklin Templeton Variable Insurance Products Trust, Franklin Templeton Distributors, Inc. and Farmers New World Life Insurance Company. 3

 

  5)

Participation Agreement among Goldman Sachs Variable Insurance Trust, Goldman, Sachs & Co. and Farmers New World Life Insurance Company. 3

 

  6)

Participation Agreement (Service Shares) among Janus Aspen Series, Janus Capital Corporation and Farmers New World Life Insurance Company. 3

 

  7)

Participation Agreement among Variable Insurance Products Funds, Fidelity Distributors Corporation and Farmers New World Life Insurance Company. 3

 

  8)

Amendment No. 1 to Participation Agreement among WM Variable Trust, WM Funds Distributor, Inc. and Farmers New World Life Insurance Company.5

 

  9)

Amendment No. 2 to Participation Agreement among WM Variable Trust, WM Funds Distributor, Inc. and Farmers New World Life Insurance Company.6

 

  10)

Form of Amendment No. 3 to Participation Agreement among WM Variable Trust, WM Funds Distributor, Inc. and Farmers New World Life Insurance Company.9

 

  11)

Participation Agreement among Deutsche Asset Management VIT Funds, Deutsche Asset Management, Inc., and Farmers New World Life Insurance Company.11

 

  12)

Amendment No. 4 to Participation Agreement among Franklin Templeton Variable Insurance Products Trust, Franklin Templeton Distributors, Inc. and Farmers New World Life Insurance Company.15

 

  13)

Form of Rule 22c-2 Shareholder Information Agreement. 20

 

  14)

Supplement to Participation Agreement among DWS Variable Series II, Deutsche Investment Management Americas Inc., DWS Scudder Distributors, Inc., and Farmers New World Life Insurance Company. 20

 

  15)

Letter of Understanding and Extension of WM Participation Agreement, among Principal Funds Distributor, Inc., and Farmers New World Life Insurance Company, dated as of January 5, 2007.20

 

  16)

Amendment to the Participation Agreement among Variable Insurance Products Funds, Variable Insurance Products Fund II, Variable Insurance Product Fund III, Variable Insurance Product Fund IV and Variable Insurance Product Fund V, Fidelity Distributors Corporation, and Farmers New World Life Insurance Company. 25

 

  17)

Amendment to the Participation Agreement among Franklin Templeton Variable Insurance Products Trust, Franklin Templeton Distributors, Inc., and Farmers New World Life Insurance Company.25

 

  18)

Amendment No. 3 to the Participation Agreement among Franklin Templeton Variable Insurance Products Trust, Franklin Templeton Distributors, Inc., and Farmers New World Life Insurance Company. 25

 

  19)

Participation Agreement among Principal Funds Distributor, Inc. and Farmers New World Life Insurance Company. 26

 

C-2

  20)

Amendment No. 2 to the Participation Agreement among Deutsche Investment Management Americas, Inc., DWS Variable Series II, DWS Scudder Distributors, Inc. and Farmers New World Life Insurance Company. 26

 

  21)

Amendment No. 2 to the Participation Agreement among Variable Insurance Products Funds, Variable Insurance Products Fund II, Variable Insurance Product Fund III, Variable Insurance Product Fund IV and Variable Insurance Product Fund V, Fidelity Distributors Corporation, and Farmers New World Life Insurance Company. 26

 

  22)

Amendment No. 6 to the Participation Agreement among Franklin Templeton Variable Insurance Products Trust, Franklin Templeton Distributors, Inc., and Farmers New World Life Insurance Company. 26

 

  23)

Amendment No. 1 to the Participation Agreement among Janus Aspen Series (Service Shares), Janus Capital Corporation and Farmers New World Life Insurance Company. 26

 

  24)

First Amendment to the Participation Agreement among Principal Funds Distributor, Inc. and Farmers New World Life Insurance Company. 28

 

(i) Administrative Contracts.

 

  1)

Consulting Services Agreement between McCamish Systems, L.L.C. and Farmers New World Life Insurance Company.2

 

  2)

Master Administration Agreement between McCamish Systems, L.L.C. and Farmers New World Life Insurance Company dated as of April 1, 2001.5

 

(j) Other Material Contracts.

 

  1)

Powers of Attorney.1 4 7 12 15 17 22

 

(k) Legal Opinion.

 

  1)

Opinion of Brian F. Kreger, Esquire.29

 

(l) Actuarial Opinion.

 

  1)

Opinion of Ryan R. Larson, FSA, MAAA.16

 

(m)

Calculations.11

 

(n) Other Opinions.

 

  1)

Consent of PricewaterhouseCoopers LLP.27

 

  3)

Consent of Deloitte & Touche LLP.11

 

(o) Omitted Financial Statements. Not applicable.

 

(p) Initial Capital Agreements. Not applicable.

 

(q) Redeemability Exemption.

 

  1)

Description of issuance, transfer and redemption procedures.9

 

  2)

Revised description of issuance, transfer and redemption procedures (May 2004)13

 

  3)

Revised description of issuance, transfer and redemption procedures (May 2005)16

 

  4)

Revised description of issuance, transfer and redemption procedures (September 2008)25

 

1

Incorporated herein by reference to the initial Registration Statement on Form S-6 for Farmers Variable Life Separate Account A filed with the SEC on July 29, 1999 (File No. 333-84023).

2

Incorporated herein by reference to Pre-Effective Amendment No. 1 to the Registration Statement on Form N-4 for Farmers Annuity Separate Account A filed with the SEC on November 15, 1999 (File No. 333-85183).

3

Incorporated herein by reference to Post-Effective Amendment No. 2 to the Registration Statement on Form N-4 for Farmers Annuity Separate Account A filed with the SEC on April 27, 2001 (File No. 333-85183).

 

C-3

4

Incorporated herein by reference to Post-Effective Amendment No. 2 to the Registration Statement on Form S-6 for Farmers Variable Life Separate Account A filed with the SEC on April 27, 2001 (File No. 333-84023).

5

Incorporated herein by reference to Post-Effective Amendment No. 3 to the Registration Statement on Form N-4 for Farmers Annuity Separate Account A filed with the SEC on April 26, 2002 (File No. 333-85183).

6

Incorporated herein by reference to Post-Effective Amendment No. 4 to the Registration Statement on Form N-4 for Farmers Annuity Separate Account A filed with the SEC on August 27, 2002 (File No. 333-85183).

7

Incorporated herein by reference to Post-Effective Amendment No. 4 to the Registration Statement on Form S-6 for Farmers Variable Life Separate Account A filed with the SEC on August 28, 2002 (File No. 333-84023).

8

Incorporated herein by reference to the initial Registration Statement for this product on Form S-6 for Farmers Variable Life Separate Account A filed with the SEC on October 2, 2002 (File No. 333-100287).

9

Incorporated herein by reference to Pre-Effective Amendment No. 1 to this Registration Statement on Form S-6 for Farmers Variable Life Separate Account A filed with the SEC on December 18, 2002 (File No. 333-100287).

10

Incorporated herein by reference to Post-Effective Amendment No. 6 to the Registration Statement on Form N-6 for Farmers Variable Life Separate Account A filed with the SEC on April 28, 2003 (File No. 333-84023).

11

Incorporated herein by reference to Post-Effective Amendment No. 2 to this Registration Statement on Form N-6 for Farmers Variable Life Separate Account A filed with the SEC on April 28, 2003 (File No. 333-100287).

12

Incorporated herein by reference to Post-Effective Amendment No. 7 to the Registration Statement on Form N-6 for Farmers Variable Life Separate Account A filed with the SEC on April 27, 2004 (File No. 333-84023).

13

Incorporated herein by reference to Post-Effective Amendment No. 4 to the Registration Statement on Form N-6 for Farmers Variable Life Separate Account A filed with the SEC on April 27, 2004 (File No. 333-100287).

14

Incorporated herein by reference to Post-Effective Amendment No. 8 to the Registration Statement on Form N-6 for Farmers Variable Life Separate Account A filed with the SEC on April 28, 2005 (File No. 333-84023).

15

Incorporated herein by reference to Post-Effective Amendment No. 7 to the Registration Statement on Form N-4 for Farmers Annuity Separate Account A filed with the SEC on April 28, 2005 (File No. 333-85183).

16

Incorporated herein by reference to Post-Effective Amendment No. 5 to the Registration Statement on Form N-6 for Farmers Variable Life Separate Account A filed with the SEC on April 28, 2005 (File No. 333-100287).

17

Incorporated herein by reference to Post-Effective Amendment No. 9 to the Registration Statement on Form N-6 for Farmers Variable Life Separate Account A filed with the SEC on April 26, 2006 (File No. 333-84023).

18

Incorporated herein by reference to Post-Effective Amendment No. 8 to the Registration Statement on Form N-4 for Farmers Annuity Separate Account A filed with the SEC on April 26, 2006 (File No. 333-85183).

19

Incorporated herein by reference to Post-Effective Amendment No. 6 to the Registration Statement on Form N-6 for Farmers Variable Life Separate Account A filed with the SEC on April 26, 2006 (File No. 333-100287).

20

Incorporated herein by reference to Post-Effective Amendment No. 9 to the Registration Statement on Form N-4 for Farmers Annuity Separate Account A filed with the SEC on April 25, 2007 (File No. 333-85183).

21

Incorporated herein by reference to Post-Effective Amendment No. 7 to the Registration Statement on Form N-6 for Farmers Variable Life Separate Account A filed with the SEC on April 25, 2007 (File No. 333-100287).

22

Incorporated herein by reference to the initial registration statement on Form N-6 for Farmers Variable Life Separate Account A filed with the SEC on March 4, 2008 (File Nos. 333-149540 and 811-09507).

23

Incorporated herein by reference to Post-Effective Amendment No. 10 on Form N-4 for Farmers Variable Annuity Separate Account filed with the SEC on April 29, 2008 (File Nos. 333-85183 and 811-09547).

24

Incorporated herein by reference to Post-Effective Amendment No. 8 on Form N-6 for Farmers Variable Life Separate Account A filed on April 29, 2008 (File Nos. 333-100287 and 811-09507).

25

Incorporated herein by reference to the Pre-effective Amendment No. 1 to the initial registration statement on Form N-6/A for Farmers Variable Life Separate Account A filed with the SEC on August 11, 2008 (File Nos. 333-149540 and 811-09507).

 

C-4

26

Incorporated herein by reference to the Pre-effective Amendment No. 2 to the intital registration statement on Form N-6/A Farmers Variable Life Separate Account A filed with the SEC on August 27, 2008 (File Nos. 333-149540 and 811-09507).

27

Incorporated herein by reference to Post-Effective Amendment No. 9 on Form N-6 for Farmers Variable Life Separate Account A filed on April 29, 2008 (File Nos. 333-100287 and 811-09507).

28

Incorporated herein by reference to Post-Effective Amendment No. 13 on Form N-4 for Farmers Variable Annuity Separate Account filed with the SEC on October 22, 2009 (File Nos. 333-85183 and 811-09547).

29

Filed herewith.

 

Item 27. Directors and Officers of the Depositor

 

(r) Name and Principal Business Address    (s) Position and Office with Depositor
Paul N. Hopkins1    Chairman of the Board and Director
Debra Broek-DeBoer7    Director
Kevin Hogan8    Director
Gary R. Severson3    Director
Stanley R. Smith4    Director
John F. Sullivan, Jr.5    Director
Katherine P. Cody2    Senior Vice President, Chief Financial Officer, and Director
Brian F. Kreger2    Corporate Secretary, Vice President, and General Counsel
Michael W. Keller2    Chief Marketing Officer and Senior Vice President
Ryan R. Larson2    Senior Vice President and Chief Actuary
James I. Randolph2    Senior Vice President and Assistant Secretary
Leeann G. Badgett2    Assistant Treasurer
Gerald A. Dulek6    Assistant Vice President
Patricia M. Evans1    Assistant Treasurer
Doren E. Hohl1    Assistant Secretary
Paul F. Hott2    Assistant Vice President
Deborah M. Kusaka2    Assistant Treasurer
Anthony J. Morris1    Assistant Treasurer
Harris Mortensen2    Assistant Secretary
Dennis J. A. Nibbe2    Assistant Treasurer
John R. Patton2    Assistant Vice President and Assistant Secretary

James P. Brennan, Sr., Esq. serves as the Chief Compliance Officer for the Registrant.2

 

1

The principal business address is 4680 Wilshire Boulevard, Los Angeles, CA 90010.

2

The principal business address is 3003 – 77th Ave. SE, Mercer Island, WA 98040.

3

The principal business address is 801 2nd Ave., Seattle, WA 98104.

4

The principal business address is 3150 Tolouse Circle, Thousand Oaks, CA 91362.

5

The principal business address is 1201 3rd Ave., #3390, Seattle, WA 98101.

6

The principal business address is 30801 Agoura Road, Bldg. 1, Westlake Village, CA 91301

7

The principal business address is Mythenquai 2, 8002 Zurich, Schweiz

8

The principal business address is 105 East 17th Street, Second Floor, New York, NY 10003.

 

C-5

Item 28. Persons Controlled By or Under Common Control With the Depositor or Registrant

Organizations Affiliated with Zurich Financial Services

 

Company

   

Domiciled

   

Ownership

    %

Aktiengesellschaft Assuricum

    Switzerland    Zurich Insurance Company    99.60

Allied Zurich Holdings Limited

    CI    Zurich Group Holding    100.00

Allied Zurich Limited UK

    UK    Zurich Financial Services    100.00

American Guarantee and Liability Insurance Company

    NY    Zurich American Insurance Company    100.00

American Zurich Insurance Company

    IL    Steadfast Insurance Company    100.00

Assurance Company of America

    NY    Maryland Casualty Company    100.00

BG Investments Ltd.

    BDA    Aktiengesellschaft Assuricum    04.58

BG Investments Ltd.

    BDA    Zurich Insurance Company    95.42

Centre Financial Services Holdings Limited

    BDA    Centre Group Holdings Limited    100.00

Centre Group Holdings (US) Limited

    DE    Centre Solutions (Bermuda) Limited    100.00

Centre Group Holdings Limited

    BDA    CMSH Limited    100.00

Centre Insurance Company

    DE    Centre Solutions (US) Limited    100.00

Centre Life Insurance Company

    MA    Centre Solutions (US) Limited    100.00

Centre Reinsurance (US) Limited

    BDA    Centre Reinsurance Holdings (Delaware) Limited    100.00

Centre Reinsurance Holdings (Delaware) Limited

    DE    Centre Group Holdings (US) Limited    100.00

Centre Solutions (Bermuda) Limited

    BDA    Centre Group Holdings Limited    100.00

Centre Solutions (US) Limited

    BDA    Centre Group Holdings (US) Limited    100.00

Centre Solutions Holdings (Delaware) Limited

    DE    Centre Solutions (US) Limited    100.00

CMSH Limited

    BDA    Zurich Insurance Company    64.70

CMSH Limited

    BDA    BG Investments Ltd.    35.30

Colonial American Casualty & Surety Co.

    MD    Fidelity & Deposit Company of Maryland    100.00

Constellation Reinsurance Company

    NY    Centre Reinsurance Holdings (Delaware) Limited    100.00

Crown Management Services Limited

    DE    CMSH Limited    100.00

Disability Management Services, Inc.

    CT    Centre Group Holdings (US) Limited    40.00

Diversified Specialty Risk

    TX    American Guarantee & Liability Insurance Co.    100.00

Empire Fire & Marine Insurance Company

    NE    Zurich American Insurance Company    100.00

Empire Indemnity Insurance Company

    OK    Zurich American Insurance Company    100.00

Empire Management Services, Inc.

    NE    Empire Fire & Marine Insurance Company    100.00

Farmers Group, Inc.

    NV    Zurich Insurance Company    87.90

Farmers Group, Inc.

    NV    Zurich Group Holdings    10.375

Farmers Group, Inc.

    NV    Zurich RegCaPs Funding Limited Partnership    01.725

Farmers New World Life Insurance Company

    WA    Farmers Group, Inc.    100.00

Farmers Reinsurance Company

    CA    Farmers Group, Inc.    100.00

Farmers Services Corporation

    NV    Farmers Group, Inc.    100.00

Farmers Services, LLC

    DE    ZFUS Services, LLC    100.00

Farmers Value Added, Inc.

    NV    Farmers Group, Inc.    100.00

Fidelity & Deposit Company of Maryland

    MD    Zurich American Insurance Company    100.00

F.I.G. Holding Company

    CA    Fire Underwriters Association    70.00

F.I.G. Holding Company

    CA    Truck Underwriters Association    30.00

FIG Leasing Company, Inc.

    CA    Farmers Group, Inc.    95.20

FIG Leasing Company, Inc.

    CA    Fire Underwriters Association    1.70

FIG Leasing Company, Inc.

    CA    Truck Underwriters Association    3.10

Fire Underwriters Association

    CA    Farmers Group, Inc.    100.00

Kemper Corporation

    DE    Zurich Holding Company of America    100.00

Kemper Investors Life Insurance Company

    IL    Kemper Corporation    100.00

Keswick Realty, Inc.

    IL    The Zurich Services Corporation    100.00

Maine Bonding and Casualty Co.

    ME    Maryland Casualty Company    100.00

Maryland Casualty Company

    MD    Zurich American Insurance Company    100.00

Maryland Insurance Company

    TX    Maryland Casualty Company    100.00

MI Administrators, LLC

    WA    FIG Leasing Company, Inc.    100.00

National Standard Insurance Company

    TX    Maryland Casualty Company    100.00

 

C-6

Company

   

Domiciled

   

Ownership

    %

Northern Insurance Company of New York

    NY    Maryland Casualty Company    100.00

Orange Stone Holdings

    IRE    CMSH Limited    100.00

Orange Stone Reinsurance

    IRE    Crown Management Services Limited    100.00

Prematic Service Corporation (CA)

    CA    Farmers Group, Inc.    38.00

Prematic Service Corporation (CA)

    CA    Fire Underwriters Association    9.00

Prematic Service Corporation (CA)

    CA    Truck Underwriters Association    53.00

Prematic Service Corporation (NV)

    NV    Prematic Service Corporation (CA)    100.00

Steadfast Insurance Company

    DE    Zurich American Insurance Company    100.00

Sterling Forest LLC

    DE    Zurich American Insurance Company    100.00

THIC Holdings LLC

    NH    pending   

Truck Underwriters Association

    CA    Farmers Group, Inc.    100.00

Universal Underwriters Acceptance Corp.

    KS    Zurich Holding Company of America    100.00

Universal Underwriters Insurance Company

    KS    Zurich American Insurance Company    100.00

Universal Underwriters Insurance Services, Inc.

    MA    Universal Underwriters Management Company    100.00

Universal Underwriters Life Ins. Co.

    KS    Universal Underwriters Insurance Company    100.00

Universal Underwriters Management Company

    KS    Zurich Holding Company of America    100.00

Universal Underwriters of Texas Ins. Co.

    TX    Universal Underwriters Insurance Company    100.00

Universal Underwriters Service Corp.

    MO    Zurich Holding Company of America    100.00

ZC Specialty Insurance Company

    TX    Centre Solutions (US) Limited    100.00

ZFS Finance, USA LLC I

    DE    Zurich Holding Company of America    100.00

ZFS Finance, USA LLC II

    DE    Zurich Holding Company of America    100.00

ZFS Finance, USA LLC III

    DE    Zurich Holding Company of America    100.00

ZSFH, LLC

    DE    Zurich Holding Company of America    100.00

ZFUS Services, LLC

    DE    Zurich Holding Company of America    100.00

ZNA Services, LLC

    DE    ZFUS Services, LLC    100.00

Zurich Agency Services, Inc.

    TX    Maryland Casualty Company    100.00

Zurich American Insurance Company

    NY    Zurich Holding Company of America    100.00

Zurich American Insurance Company of Illinois

    IL    American Zurich Insurance Company    100.00

Zurich Benefit Finance, LLC

    DE    Zurich Holding Company of America    100.00

Zurich CZI Management Holding, Ltd.

    DE    Zurich Global Investment Management    100.00

Zurich E&S Brokerage, Inc.

    CA    Zurich American Insurance Company    100.00

Zurich Finance, (USA), Inc.

    DE    Zurich Holding Company of America    100.00

Zurich Global Investment Advisors, LLC

    DE    Zurich Holding Company of America    100.00

Zurich Group Holding

    Switzerland    Zurich Financial Services    57.70

Zurich Group Holding

    Switzerland    Allied Zurich Limited UK    42.30

Zurich Holding Company of America

    DE    Zurich Insurance Company    99.87

Zurich Holding Company of America

    DE    Crown Management Services Limited    00.13

Zurich Insurance Company

    Switzerland    Zurich Group Holding    100.00

Zurich International (Bermuda) Ltd.

    BDA    BG Investments Ltd.    29.27

Zurich International (Bermuda) Ltd.

    BDA    Zurich Insurance Company    30.31

Zurich International (Bermuda) Ltd.

    BDA    Aktiengesellscaft Assuricum    40.42

Zurich Warranty Management Services LTD

    UK    The Zurich Services Corporation    100.00

The Zurich Services Corporation

    IL    Zurich Holding Company of America    100.00

Sterling Forest LLC

    DE    Zurich America Insurance Company    100.00

Zurich Warranty Solutions, Inc.

    IL    American Zurich Insurance Company    100.00

Vehicle Dealer Solutions, Inc.

    FL    The Zurich Services Corporation    100.00

ZFS Finance USA LLC, IV

    DE    Zurich Holding Company of America, Inc.    100.00

ZFS Finance USA LLC, V

    DE    Zurich Holding Company of America, Inc.    100.00

Zurich Latin America Corporation

    DE    The Zurich Services Corporation    100.00

Zurich Financial Services conducts its primary insurance operations in the United States through two property/casualty groups, each operating INDEPENDENTLY with its own staff:

Zurich U.S. Insurance Group

Farmers Insurance Group

 

C-7

Organizations Affiliated with Farmers New World Life Insurance Company

 

Company

   

Domiciled

   

Ownership

    %
American Federation Insurance Company    FL    Foremost Insurance Company Grand Rapids, Michigan    100.00
APEX Adjustment Bureau, Inc.    FL    Bristol West Holdings, Inc.    100.00
Bayview Adjustment Bureau, Inc.    CA    Bristol West Holdings, Inc.    100.00
Bristol West Holdings, Inc.    DE    Farmers Insurance Exchange    42.00
Bristol West Holdings, Inc.    DE    Fire Insurance Exchange    3.75
Bristol West Holdings, Inc.    DE    Mid-Century Insurance Company    47.50
Bristol West Holdings, Inc.    DE    Truck Insurance Exchange    6.75
Bristol West Casualty Insurance Company    OH    Coast National Insurance Company    100.00
Bristol West Insurance Company    OH    Coast National Insurance Company    100.00
Bristol West Insurance Services of California, Inc.    CA    Bristol West Holdings, Inc.    100.00
Bristol West Insurance Services, Inc. of Florida    FL    Bristol West Holdings, Inc.    100.00
Bristol West Insurance Services of Georgia, Inc.    GA    Bristol West Holdings, Inc.    100.00
BWIS of Nevada, Inc.    NV    Bristol West Holdings, Inc.    100.00
Bristol West Insurance Services of Pennsylvania, Inc.    PA    Bristol West Holdings, Inc.    100.00
Bristol West Insurance Services of Texas, Inc.    TX    Bristol West Holdings, Inc.    100.00
Bristol West Preferred Insurance Company    MI    Bristol West Holdings, Inc.    100.00
Civic Property & Casualty Co.    CA    Fire Insurance Exchange    80.00
Civic Property & Casualty Co.    CA    Truck Insurance Exchange    20.00
Coast National General Agency, Inc.    TX    Bristol West Holdings, Inc.    100.00
Coast National Holding Company    CA    Bristol West Holdings, Inc.    100.00
Coast National Insurance Company    CA    Coast National Holding Company    100.00
Corvette General Agency, Inc.    GA    Foremost Affiliated Insurance Services, Inc.    100.00
Exact Property & Casualty Co.    CA    Fire Insurance Exchange    80.00
Exact Property & Casualty Co.    CA    Truck Insurance Exchange    20.00
Farmers Financial Solutions, LLC    NV    FFS Holding, LLC    100.00
Farmers Insurance Co. of Arizona    AZ    Farmers Insurance Exchange    70.00
Farmers Insurance Co. of Arizona    AZ    Truck Insurance Exchange    20.00
Farmers Insurance Co. of Arizona    AZ    Fire Insurance Exchange    10.00
Farmers Insurance Co. of Idaho    ID    Farmers Insurance Exchange    80.00
Farmers Insurance Co. of Idaho    ID    Truck Insurance Exchange    13.30
Farmers Insurance Co. of Idaho    ID    Fire Insurance Exchange    06.70
Farmers Insurance Co. of Oregon    OR    Farmers Insurance Exchange    80.00
Farmers Insurance Co. of Oregon    OR    Truck Insurance Exchange    20.00
Farmers Insurance Co. of Washington    WA    Fire Insurance Exchange    80.00
Farmers Insurance Co. of Washington    WA    Truck Insurance Exchange    20.00
Farmers Insurance Co., Inc.    KS    Farmers Insurance Exchange    90.00
Farmers Insurance Co., Inc.    KS    Fire Insurance Exchange    10.00
Farmers Insurance Exchange    CA    Interinsurance Exchange   
Farmers Insurance of Columbus, Inc.    OH    Farmers Insurance Exchange    100.00
Farmers New Century Insurance Company    IL    Illinois Farmers Insurance Co.    100.00
Farmers Services Insurance Agency    CA    Truck Insurance Exchange    100.00
Farmers Texas County Mutual Insurance Company    TX    County Mutual Company   
FFS Holding, LLC    NV    Mid Century Ins. Co.    100.00
Fire Insurance Exchange    CA    Interinsurance Exchange   
Federation Insurance Services of California, Inc.    CA    Foremost Insurance Company Grand Rapids, Michigan    100.00
Foremost Affiliated Insurance Services, Inc.    MI    Foremost Corporation of America    100.00
Foremost Affinity Services, Inc.    MI    Foremost Corporation of America    100.00
Foremost Corporation of America    MI    Farmers Insurance Exchange    80.00
Foremost Corporation of America    MI    Fire Insurance Exchange    10.00
Foremost Corporation of America    MI    Truck Insurance Exchange    10.00
Foremost County Mutual Insurance Company    TX    County Mutual Company   
Foremost Express Insurance Agency, Inc.    MI    Foremost Corporation of America    100.00
Foremost Financial Services Corporation    DE    Foremost Corporation of America    100.00
Foremost Home Brokers, Inc,    MI    Foremost Corporation of America    100.00

 

C-8

Company

   

Domiciled

   

Ownership

    %
Foremost Home Services Corporation    MI    Foremost Corporation of America    100.00
Foremost Insurance Company Grand Rapids, Michigan    MI    Foremost Corporation of America    100.00
Foremost Lloyds of Texas    TX    Lloyds Company   
Foremost Property and Casualty Insurance Company    MI    Foremost Insurance Company Grand Rapids, Michigan    100.00
Foremost Real Estate Company Grand Rapids, Michigan    MI    Foremost Corporation of America    100.00
Foremost Signature Insurance Company    MI    Foremost Insurance Company Grand Rapids, Michigan    100.00
Frontier Insurance Agency, Inc.    OR    Foremost Affiliated Insurance Services, Inc.    100.00
GP, LLC    DE    Bristol West Holdings, Inc.    100.00
Illinois Farmers Insurance Co.    IL    Farmers Insurance Exchange    100.00
Insurance Data Systems, G.P.    FL    GP, LLC    0.10
Insurance Data Systems, G.P.    FL    Bristol West Holdings, Inc.    99.90
Knight Agency, Inc.    KY    Foremost Affiliated Insurance Services, Inc.    100.00
Leschi Life Assurance Company    SC    Farmers New World Life Insurance Company    100.00
Mid Century Ins. Co.    CA    Farmers Insurance Exchange    80.00
Mid Century Ins. Co.    CA    Fire Insurance Exchange    12.50
Mid Century Ins. Co.    CA    Truck Insurance Exchange    07.50
Mid Century Ins. Co. of Texas    TX    Farmers Insurance Exchange    100.00
Neighborhood Spirit Property & Casualty Co.    CA    Fire Insurance Exchange    80.00
Neighborhood Spirit Property & Casualty Co.    CA    Truck Insurance Exchange    20.00
Pacific Way Insurance Agency, Inc.    WA    Foremost Affiliated Insurance Services, Inc.    100.00
Security National Insurance Company    FL    Bristol West Holdings, Inc.    100.00
Sunrise Insurance Agency of Arizona, Inc.    AZ    Foremost Affiliated Insurance Services, Inc.    100.00
Sunrise Insurance Agency of Texas, Inc.    TX    Foremost Affiliated Insurance Services, Inc.    100.00
Sunrise Insurance Agency, Inc.    NV    Foremost Affiliated Insurance Services, Inc.    100.00
Texas Farmers Insurance Co.    TX    Farmers Insurance Exchange    86.30
Texas Farmers Insurance Co.    TX    Mid Century Ins. Co.    13.70
Truck Insurance Exchange    CA    Interinsurance Exchange   
Western Star Underwriters, Inc.    TX    Foremost Corporation of America    100.00
WVGRR Properties, LLC    DE    Farmers New World Life Insurance Company    100.00

 

Item 29. Indemnification

Under its By-laws, Farmers New World Life Insurance Company, to the full extent permitted by the Washington Business Corporation Act, will indemnify any person who was or is a party to any proceeding by reason of the fact that he or she is or was a director of Farmers, as provided below.

By-Laws of Farmers New World Life Insurance Company (as amended October 24, 1995)

SECTION 47

INDEMNIFICATION OF DIRECTORS, OFFICERS, AND OTHER PERSONS

(a) Right of Indemnity. Each person who acts as a Director, officer or employee of the corporation shall be indemnified by the corporation for all sums which he becomes obligated to pay, (including counsel fees, expenses and court costs actually and necessarily incurred by him) in connection with any action, suit or proceeding in which he is made a party by reason of his being, or having been a Director, officer, or employee of the corporation, except in relation to matters as to which he shall be adjudged in such action, suit or proceeding to be liable for bad faith or misconduct in the performance of his duties as such Director, officer or employee, and except any sum paid to the corporation in settlement of an action, suit or proceeding based upon bad faith or misconduct in the performance of his duties.

 

C-9

(b) Scope of Indemnity. The right of indemnification in this article provided shall inure to each Director, officer and employee of the corporation, whether or not he is such Director, officer or employee at the time he shall become obligated to pay such sums, and whether or not the claim asserted against him is based on matters which antedate the adoption of this article; and in the event of his death shall extend to his legal representatives. Each person who shall act as a Director, officer or employee of the corporation shall be deemed to be doing so in reliance upon such right of indemnification; and such right shall not be deemed exclusive of any other right to which any such person may be entitled, under any by-law, agreement, vote of stockholders, or otherwise.

(c) Determination of Claims for Indemnity. The Board of Directors of the corporation, acting at a meeting at which a majority of the quorum is unaffected by self-interest (notwithstanding that other members of the quorum present but not voting may be so affected), shall determine the propriety and reasonableness of any indemnity claimed under this article, and such determination shall be final and conclusive. If, however, a majority of a quorum of the Board which is unaffected by self-interest and willing to act is not obtainable, the Board in its discretion may appoint from among the stockholders who are not Directors or officers or employees of the corporation, a committee of two or more persons to consider and determine any such question, and the determination of such committee shall be final and conclusive.

RULE 484 UNDERTAKING

Insofar as indemnification for liability arising under the Securities Act of 1933 (the “Act”) may be permitted to directors, officers and controlling persons of the Registrant pursuant to the foregoing provisions, or otherwise, the Registrant has been advised that in the opinion of the Securities and Exchange Commission such indemnification is against public policy as expressed in the Act and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the Registrant of expenses incurred or paid by a director, officer or controlling person of the Registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the Registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Act and will be governed by the final adjudication of such issue.

 

Item 30. Principal Underwriters

Farmers Financial Solutions, LLC

(a) Other Activity. Farmers Financial Solutions, LLC (“FFS”) is one of two principal underwriters for the Policies. FFS is also the principal underwriter for Farmers Annuity Separate Account A.

(b) Management. The following information is furnished with respect to the officers and directors of FFS:

 

Name and Principal Business Address

 

   

Positions and Offices with FFS

 

C. Paul Patsis1    Chairman of the Board
Donald K. Mealer2    President, Director
Jerry J. Carnahan3    Director
Donnell Reid4    Director
Joseph Conversino2    Assistant Vice President
Bardea C. Huppert2    Vice President and Chief Operating Officer

 

C-10

Name and Principal Business Address

 

   

Positions and Offices with FFS

 

Steven K. Klein2    Vice President and Chief Compliance Officer
Steven A. Muramoto 2    Treasurer and Chief Financial Officer
Doren E. Hohl3    Secretary

 

1

The principal business address is 3003 – 77th Avenue, S.E. Mercer Island, Washington 98040.

2

The principal business address is 30801 Agoura Road, Bldg. 1, Agoura Hills, California 91301.

3

The principal business address is 4680 Wilshire Boulevard, Los Angeles, California 90010.

4

The principal business address is 1281 Pinrun Dr., Ballwin, MO 63011.

(c) Compensation From the Registrant. The following commissions and other compensation were received by the principal underwriter, directly or indirectly, from the Registrant during the Registrant’s last fiscal year:

 

(1)   (2)   (3)   (4)   (5)

Name of

Principal

Underwriter

  

Net Underwriting

Discounts and

Commissions

  

Compensation on
Redemption

  

Brokerage

Commissions

  

Other

Compensation

FFS

   N/A   N/A   $10,951,368.10   $3,006,822.49

Other Compensation. FFS’ sales representatives and their managers are eligible for various cash benefits, such as production incentive bonuses, insurance benefits and financing arrangements.

Principal Funds Distributor, Inc.

(a) Other Activity. Principal Funds Distributor, Inc. (“PFD”) is the second principal underwriter for the policies. PFD is also the principal underwriter for WM Trust I, WM Trust II, Principal Variable Contracts Fund, Inc. (“PVC”), Strategic Asset Management Portfolios, and PVC. Principal Funds Distributor acts as principal underwriter for Principal Variable Contracts Fund, Inc. and Class A, Class B, Class C and Class S shares of Principal Funds, Inc. PFD also serves as principal underwriter for certain variable contracts issued by Farmers New World Life Insurance Company through Farmers Variable Life Separate Account A.

(b) Management. The following information is furnished with respect to the officers and directors of PFD. Unless noted, the principal business address of all officers and directors is 711 High Street, Des Moines, Iowa 50392.

 

Name

 

  

Position and Offices with PFD

 

Nora Everett   President – Principal Funds
Cary Fuchs2   President – Principal Funds Distributor
Michael J. Beer1   Executive Vice President
David J. Brown1   Senior Vice President
Jill R. Brown2   Director, Senior Vice President, Chief Financial Officer
Joyce N. Hoffman1   Senior Vice President and Corporate Secretary
Michael D. Roughton1   Senior Vice President/Counsel
Eric W. Hays1   Senior Vice President – Chief Information Officer
David Reichart1   Senior Vice President – Distribution
Kevin Morris2   Senor Vice President – Marketing
Bret J. Bussanmas1   Vice President – Distribution
Tim Hill2   Vice President – Distribution
Mark Stark1   Vice President – Investor Services

 

C-11

Name   Position and Offices with PFD
Mike Anagnost3   Vice President and Chief Technology Officer
Paul Schieber2   Regional Vice President
Lindsey Amadeo1   Director – Marketing Communications
Lisa Bertholf2   Director – Marketing
P. Scott Cawley1   Product Marketing Officer
Tracy W. Bollin1   Assistant Controller
Craig L. Bassett1   Treasurer
Phillip Barbaria2   Vice President and Chief Compliance Officer
Steve Gallaher1   2nd Vice President and Counsel
Adam Shaikh1   Counsel
Patricia A. Barry1   Assistant Corporate Secretary

 

1

The principal business address is 711 High Street, Des Moines, IA 50392.

2

The principal business address is 1100 Investment Boulevard, El Dorado Hills, CA 95762.

3

The principal business address is 601 Union Street, Suite 2200, Seattle, WA 98101.

(c) Compensation From the Registrant. The following commissions and other compensation were received by the principal underwriter, directly or indirectly, from the Registrant during the Registrant’s last fiscal year:

 

(1)   (2)   (3)   (4)   (5)

Name of

Principal

Underwriter

  

Net Underwriting

Discounts and

Commissions

  

Compensation on
Redemption

  

Brokerage

Commissions

  

Other

Compensation

PFD

   N/A   N/A   $2,982.40   0

 

Item 31. Location of Accounts and Records

All accounts and records required to be maintained by Section 31(a) of the Investment Company Act of 1940, as amended, and the rules thereunder (including Rule 38a-1) are maintained by Farmers New World Life Insurance Company at 3003 77th Avenue, S.E., Mercer Island, Washington 98040, at 2500 Farmers Way, Columbus, OH 43235, and at McCamish Systems, L.L.C., Insurance Administrators, 6425 Powers Ferry Road, Atlanta, GA 30339.

 

Item 32. Management Services

All management contracts are discussed in Part A or Part B.

 

Item 33. Fee Representation

Farmers New World Life Insurance Company hereby represents that the fees and charges deducted under the Policy, in the aggregate, are reasonable in relation to the services rendered, the expenses expected to be incurred, and the risks assumed by Farmers New World Life Insurance Company.

 

C-12

SIGNATURES

Pursuant to the requirements of the Securities Act of 1933 and the Investment Company Act of 1940, Farmers Variable Life Separate Account A certifies that it meets all of the requirements for effectiveness of this registration statement under Rule 485(b) under the Securities Act and has duly caused this Post-Effective Amendment No. 10 to its registration statement to be signed on its behalf by the undersigned, duly authorized, in the City of Mercer Island, and the State of Washington, on the 22nd day of October, 2009.

 

    FARMERS VARIABLE LIFE SEPARATE ACCOUNT A
    (Registrant)
Attest:  

/S/ BRIAN F. KREGER

     By:  

/S/ JAMES I. RANDOLPH

  Brian F. Kreger       James I. Randolph
  Vice President, Corporate Secretary, and General Counsel       Senior Vice President
  Farmers New World Life Insurance Company       Farmers New World Life Insurance Company
    FARMERS NEW WORLD LIFE INSURANCE COMPANY
    (Depositor)
Attest:  

/S/ BRIAN F. KREGER

     By:  

/S/ JAMES I. RANDOLPH

  Brian F. Kreger       James I. Randolph
  Vice President, Corporate Secretary, and General Counsel       Senior Vice President
  Farmers New World Life Insurance Company       Farmers New World Life Insurance Company

Pursuant to the requirements of the Securities Act of 1933, this Post-Effective Amendment No. 10 to the registration statement has been signed by the following persons in the capacities and on the dates indicated.

 

Signature

   

Title

  

Date

 

    Chairman of the Board and Director   October 22, 2009
Paul N. Hopkins*/     

 

    Director   October 22, 2009
Debra Broek-DeBoer*/     

 

    Director   October 22, 2009
Kevin Hogan*/     

 

    Director   October 22, 2009
Gary R. Severson*/     

 

    Director   October 22, 2009
Stanley R. Smith*/     

Signature

   

Title

  

Date

 

    Director   October 22, 2009
John F. Sullivan, Jr. */     

 

    Senior Vice President, Chief Financial Officer and Director (Principal Financial Officer and Principal Accounting Officer)   October 22, 2009
Katherine P. Cody */     

/S/ JAMES I. RANDOLPH

    On October 22, 2009 as Attorney-in-Fact pursuant to powers of attorney filed herewith or by previous amendment.  
*/ By: James I. Randolph     

EXHIBIT LIST

 

Exhibit (k)(1)

    Opinion of Brian F. Kreger, Esquire