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&lt;p style="MARGIN: 0in 0in 0pt;"&gt;&lt;b&gt;&lt;font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold;" size="2"&gt;3.&amp;#160; Dividends&lt;/font&gt;&lt;/b&gt;&lt;/p&gt;
&lt;p style="MARGIN: 0in 0in 0pt;"&gt;&amp;#160;&lt;/p&gt;
&lt;p style="MARGIN: 0in 0in 0pt;"&gt;&lt;font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2"&gt;The maximum amount of dividends, which can be paid to stockholders by insurance companies domiciled in the State of Colorado, is subject to restrictions relating to statutory capital and surplus and statutory net gain from operations.&amp;#160; Prior to the payment of any dividends, the Company seeks approval from the Colorado Insurance Commissioner.&amp;#160; During the six months ended June&amp;#160;30, 2013 and 2012, the Company paid dividends of $46,435 and $103,200, respectively, to its parent, GWL&amp;amp;A Financial.&lt;/font&gt;&lt;/p&gt;
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