The “S&P 500 Index” and “S&P 500 Factor Rotator Daily RC2 7% Index” are products of S&P Dow Jones Indices LLC or its affiliates (“SPDJI”) and have been licensed for use by Security Benefit Life Insurance Company (SBL). S&P®, S&P 500®, US 500, The 500, iBoxx®, iTraxx® and CDX® are trademarks of S&P Global, Inc. or its affiliates (“S&P”); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”), and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by SBL. Security Benefit Life Insurance Company’s (SBL) annuities are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates, and none of such parties make any representation regarding the advisability of purchasing SBL annuities nor do they have any liability for any errors, omissions, or interruptions of the above named indices. This brochure is not authorized for distribution unless accompanied by the brochure for a Security Benefit Life Insurance Company fixed index annuity offering an index account based on the S&P 500® Factor Rotator Daily RC2 7% Index.