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PACIFIC MUTUAL ESTABLISHES TOLL-FREE NUMBER FOR FIRST CAPITAL LIFE POLICYHOLDERS

 PACIFIC MUTUAL ESTABLISHES TOLL-FREE NUMBER
 FOR FIRST CAPITAL LIFE POLICYHOLDERS
 NEWPORT BEACH, Calif., April 13 /PRNewswire/ -- Pacific Mutual Life Insurance Co. has established a special phone number for the more than 250,000 policyholders and annuitants who want to learn more about the company's proposal to rehabilitate their company, First Capital Life Insurance Co.
 The toll-free number, 800-800-3340, will be available weekdays from 8 a.m. to 4 p.m. PDT.
 Callers will receive a packet of information that includes a summary of the proposal as well as a Q&A that seeks to answer the questions that policyholders may have.
 Pacific Mutual submitted a proposal on April 10 to rehabilitate First Capital that fully protects the cash values of contracts held by First Capital policyholders over the next five years, credits interest to their accounts over that time and guarantees they will receive up to 75 percent of the company's future profits. The proposal also promises policyholders and annuitants a permanent home in the Pacific Mutual family of companies.
 -0- 4/13/92
 /CONTACT: Bill Acton, Hill and Knowlton, 213-937-7460, for Pacific Mutual/ CO: Pacific Mutual Life Insurance Co.; First Capital Life Insurance Co. ST: California IN: INS SU:


JL-EH -- LA029 -- 8015 04/13/92 19:57 EDT
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Publication:PR Newswire
Date:Apr 13, 1992
Words:209
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