424B3 1 selectratevasupp.htm SUPPLEMENT selectratevasupp.htm - Generated by SEC Publisher for SEC Filing
SUPPLEMENT Dated July 12, 2010
To the Prospectus Dated April 30, 2010
 
ING Select Rate
Issued By ING Life Insurance and Annuity Company

 

This supplement updates the prospectus. Please read this supplement carefully and keep it with your
copy of the prospectus for future reference. If you have any questions, please call our Customer Service
Center at 1-888-854-5950.

 

For Contracts issued in Virginia:
 
1 . Under “Death Benefit prior to the Annuity Commencement Date” on page 19, please
    replace the first sentence of the fourth paragraph in its entirety with the following:
 
    The Company Death Benefit Rate may be less than the Guarantee Period Interest Rate in effect as
    of the date of death, but shall not be less than zero percent, and for Contracts issued in Virginia,
    shall not be greater than 6%.
 
2 . Under “Right to Examine and Return this Contract” on page 23, please add the following
    sentence to the end of this section:
 
    ¡ IMPORTANT NOTE: For Contracts issued in Virginia only, you may return the Contract
    within 10 days of your receipt of it. If so returned, we will promptly pay you the Accumulation
    Value, adjusted for any Market Value Adjustment. In the event that the Market Value Adjustment
    is negative, the amount we pay you could be less than the Single Premium.

 

Select Rate - 156356 07/12/2010