AMERUS GROUP CO/IA
TAX ALLOCATION AND INDEMNIFICATION AGREEMENT
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<P align="right"><FONT size="2">Exhibit&nbsp;10.2</FONT>

<P align="center"><FONT size="2"><B>TAX ALLOCATION AND INDEMNIFICATION AGREEMENT</B>
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TAX ALLOCATION AND INDEMNIFICATION AGREEMENT (this &#147;Agreement&#148;) dated as
of July&nbsp;1, 2000 among Parent and the Members, on behalf of themselves and their
wholly-owned subsidiaries:
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WHEREAS, the parties to this Agreement are currently Members of an
affiliated group (the &#147;Group&#148;) within the meaning of Section&nbsp;1504(a) of the
Internal Revenue Code of 1986 (the &#147;Code&#148;), of which Parent has been the common
parent since June&nbsp;30, 1996;
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WHEREAS, Parent has filed or will file consolidated Federal income tax
returns (&#147;Group Tax Returns&#148;) and other tax returns on behalf of the Group for
certain periods relevant hereto;
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WHEREAS, Parent and the Members of the Group have or may file state income
and franchise tax returns on a combined or consolidated basis; and
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WHEREAS, Parent and the Members desire to set forth their rights and
obligations with respect to certain tax liabilities.
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NOW THEREFORE, in consideration of the mutual promises and covenants
contained herein, the parties agree as follows:
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Definitions. For purposes of this Agreement:
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Applicable Period; Tax Period. The term &#147;Applicable Period&#148; shall
refer to the tax period beginning January&nbsp;1, 1999 and continue for all
subsequent taxable years unless the parties agree in writing to terminate the
Agreement. The term &#147;Tax Period&#148; shall refer to all taxable periods beginning
or ending in the Applicable Period.
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Group. The term &#147;Group&#148; shall refer to the affiliated group (within
the meaning of Section&nbsp;1504(a) of the Code) which includes Parent and the
Members.
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Parent. The term &#147;Parent&#148; shall refer to the common parent of the
Group.
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Members. The term &#147;Members&#148; shall refer to those listed in Appendix&nbsp;A
and to all corporations that would from time to time be eligible or required to
be included in a consolidated Federal income tax return with Parent per Section
11 of this Agreement.
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Group Tax Liability; Group AMT Liability. The term &#147;Group Tax
Liability&#148; shall mean the consolidated Federal income tax liability, if any,
reported on the Group Tax Return (as adjusted under Section&nbsp;8 of this
Agreement). For purposes of this Agreement, the term &#147;Group AMT Liability&#148;
shall mean the alternative minimum tax liability under Section&nbsp;55 of the Code,
if any, reported on the Group Tax Return (as adjusted under Section&nbsp;8 of this
Agreement).
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cooperation in Filing Returns. Parent shall be responsible for
preparing the Group Tax Returns for each Tax Period and shall prepare those
returns in a manner which fairly reflects the interests of the Members. The
Members will cooperate with Parent in the preparation and filing of the Group
Tax Returns for each Tax Period, regardless of whether such returns are
prepared after the Applicable Period, and provide such assistance and
documents, without charge, as may reasonably be requested by Parent for that
purpose.
</FONT><P align="center"><FONT size="2">51</FONT>
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<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allocation of Group Tax Liability to Parent and the Members. The Group
Tax Liability for each Tax Period shall be allocated among the Parent and the
Members as provided in this Section&nbsp;3 in the following manner:
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;For purposes of this Section&nbsp;3 of the Agreement, the term Member shall
also include Parent.
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Step 1. The consolidated federal income tax liability of the
Affiliated Group, as determined under Treas. Reg. Section&nbsp;1.1502-2 shall be
allocated to the Members in accordance with Treas. Reg. Section&nbsp;1.1552-1(a)(2)
in the following manner:
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp;The separate return tax liability of each Member with Federal income
tax liability (a &#147;Profit Member&#148;) for each Tax Period shall first be
ascertained under the applicable provisions of the Code and the Consolidated
Return Regulations. Any gain or loss (including a gain or loss attributable to
a corporate restructuring) that is treated as recognized by one or more members
of an affiliated group under the Code and regulations shall be treated as
attributable to that member for purposes of this Agreement. In computing the
Federal income tax liability of each Profit Member, the surtax exemption to
which the Group as a whole is entitled shall be apportioned among the Profit
Members in proportion to their respective separate taxable incomes;
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii)&nbsp;The separate Federal income tax liabilities of all of the Profit
Members computed under Section&nbsp;3(b)(i) for each Tax Period shall then be
aggregated into a single sum; and
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii)&nbsp;Each Profit Member shall then be allocated a portion of the Group
Tax Liability, if any, for each Tax Period equal to the product of (A)&nbsp;the
Group Tax Liability for such Tax Period and (B)&nbsp;a fraction, the numerator of
which is the separate Federal income tax liability of such Profit Member for
such Tax Period determined under Section&nbsp;3(b)(i) and the denominator of which
is the aggregate sum for such Tax Period determined under Section&nbsp;3(b)(ii).
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Step 2. An additional amount shall also be allocated to each Profit
Member equal to 100&nbsp;percent of the excess, if any, of (A)&nbsp;the separate return
tax liability of such Member for the taxable year determined under Section
3(b)(i) over (B)&nbsp;the tax liability allocated to such Member under Section
3(b)(iii) of this Agreement.
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allocation of Group AMT Liability to Parent and the Members. If the
Group should incur any Group AMT Liability for any Tax Period, the Group AMT
Liability shall be allocated among the Members as provided in this Section&nbsp;4.
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;For purposes of this Section&nbsp;4 of the Agreement, the term Member shall
also include Parent.
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Step 1. The consolidated federal AMT liability of the Group shall be
allocated to the Members in the following manner:
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp;The separate alternative minimum taxable income of each Member with
positive separate alternative minimum taxable income (an &#147;AMT Member&#148;) shall be
computed under Section&nbsp;55(b)(2) of the Code;
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii)&nbsp;The exemption amount under Section&nbsp;55(d)(2) of the Code (as adjusted
under Section&nbsp;55(d)(3)(A) of the Code) shall be apportioned among the AMT
Members in proportion to their respective separate alternative minimum taxable
incomes;
</FONT><P align="center"><FONT size="2">52</FONT>
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<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii)&nbsp;The amount allocated to each AMT Member in Section&nbsp;4(b)(i) shall be
reduced by the amount, if any, allocated to such AMT Member under Section
4(b)(ii) (the resulting amount referred to as the &#147;AMT Base Amount&#148;);
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv)&nbsp;The separate AMT Base Amounts of each AMT Member shall be aggregated
into a single total; and
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v)&nbsp;Each AMT Member shall then be allocated a portion of the Group AMT
Liability for each Tax Period equal to the product of (A)&nbsp;the Group AMT
Liability and (B)&nbsp;a fraction, the numerator of which is the AMT Base Amount
allocated to such AMT Member under Section&nbsp;4(b)(iii) and the denominator of
which is the aggregate sum determined under Section&nbsp;4(b)(iv).
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Step 2. An additional amount shall also be allocated to each AMT
Member equal to 100&nbsp;percent of the excess, if any, of (A)&nbsp;the separate return
AMT liability of such Member for the taxable year determined under Section
4(b)(iii) over (B)&nbsp;the AMT tax liability of such Member determined under
Section&nbsp;4(b)(v) of this Agreement.
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payment of Allocable Tax Liability. Sections&nbsp;3(b) and 4(b) are
intended to allocate liability for the payment of the Group Tax Liability and
any Group AMT Liability for each Tax Period to Parent and the Members in
proportion to their respective contributions to such liabilities. The amounts
allocated in this manner shall be a joint and several liability of each Member
enforceable by Parent and the other Members of the Group under the terms of
this Agreement, and requiring the Members to promptly transmit payment in the
amount of the allocation to Parent in a timely manner so that such payment may
be included with the filing of the Group Tax Return for such Tax Period. The
Members shall be jointly and severally liable for any interest or penalties
resulting from their failure to tender such payments timely. Each AMT Member
shall be entitled to a portion of any minimum tax credit computed under Section
53 based on its respective payments of the Group AMT Liability.
Notwithstanding the foregoing, the Members shall pay their allocable share of
estimated Federal income taxes (including estimated alternative minimum taxes)
to Parent in a timely manner so that Parent may timely pay required estimated
Federal income taxes during each Tax Period. The amount of any payment for
taxes owed by any Profit Member or AMT Member to Parent shall be net of any
estimated income or alternative minimum taxes, as the case may be, paid by such
Member with respect to the particular Tax Period. Parent shall promptly
provide the Members with evidence of the timely payment of each Group Tax
Liability, Group AMT Liability and estimated tax liability.
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payments to Loss Members. Each Profit Member shall pay Parent such
Member&#146;s additional allocated tax liability determined under Section&nbsp;4(c) or
5(c) of this Agreement. The Parent shall then pay to each Loss Member its
allocable share of the total of the additional amounts due from the Profit
Members. Payments for these allocable shares are to be made no later than 60
days after the date of filing of the consolidated Federal income tax return for
such Tax Period.
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;State and Local Income and Franchise Taxes. To the extent that Parent
and the Members file consolidated or combined state tax returns, the
consolidated or combined tax liability shall be allocated and paid in a manner
comparable to the provisions of this Agreement with respect to the Group
Federal income tax liability. All references to Federal income taxes shall be
considered to apply in a similar manner to state income taxes for those states
where Parent and the Members join in the filing of consolidated or combined
state tax returns.
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Audits and Other Adjustments.
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In the event of any adjustment to the tax returns of the Group as filed
(by reason of an amended return, claim for refund, or an audit by the Internal
Revenue Service (&#147;IRS&#148;) or a state in which the Members file a consolidated or
combined state tax return), the liabilities of the Members, under Section&nbsp;3, 4,
or 7 shall be re-determined to give effect to any such adjustment as if it was
made as part of the original computation of tax liability. Corresponding
adjusting payments among Parent and the Members (as provided in Sections&nbsp;5 and
6 of this Agreement)
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<P align="left"><FONT size="2">shall be made within 60&nbsp;days after any such payments are made to or refunds are
received from the IRS or a state or, in the case of contested proceedings,
within 45&nbsp;days after a final resolution of the dispute. To the extent that
interest and penalties are imposed by the IRS or a state or interest is
included in any refund, any adjusting payment among the Members shall reflect
the same in an equitable manner.
</FONT>
<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Parent shall be responsible for coordinating and overseeing any IRS or
state examinations. All expenses of the examination and of defending any final
or proposed adjustments directly identifiable with a Member shall be borne by
that Member. All costs and expenses not specifically identifiable with a
Member shall be allocated based upon relevant facts and circumstances as Parent
deems just and proper.
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Members shall inform Parent promptly of all questions raised by IRS
or state agents conducting an examination of federal or state income or
franchise tax returns and shall cooperate with Parent&#146;s accountants, tax
advisors, and counsel in preparing responses to IRS or state information
requests and proposed adjustments.
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Any adjustments to the tax liabilities of the Members arising out of an
examination by the IRS or a state shall be computed on the basis of the
agreement reached by Parent and the IRS or a state, or on the basis of the
decision of a court of applicable jurisdiction.
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Certain Post-Applicable Period Returns. For any taxable year in which
the federal income tax liability of the Members is not reported on the same tax
return as that of Parent and its wholly-owned subsidiaries, the person or
persons preparing the returns and representing the taxpayers in any examination
or appeal shall do so in a timely manner which fairly reflects the interests of
all taxpaying entities.
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Indemnification. Each party shall pay and be responsible for, and
shall indemnify, defend and hold harmless all other parties to this Agreement
from and against all liabilities allocated to it under this Agreement. If any
party pays or has paid any Group Tax Liability, Group AMT Liability or state or
local income or franchise tax liability for which another party to this
Agreement is or becomes liable pursuant to the terms of this Agreement,
appropriate reimbursement shall be made no later than 10&nbsp;days after demand
therefore together with interest calculated on such reimbursement at the rate
specified under Section&nbsp;6621(a)(2) of the Code (the &#147;Underpayment Rate&#148;) from
the date such payment is due pursuant to this Agreement to the date of
reimbursement. The portion of any refund, rebate or reimbursement received by
any party to which another party is entitled pursuant to this Agreement shall
be paid over within 10&nbsp;days to the party which is entitled thereto. Any other
payments required to be made between the parties pursuant to this Agreement
which are not made in a timely fashion shall bear interest at the Underpayment
Rate from the date the payment is due until the date the payment is made.
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Members. If at any time Parent or any Member acquires or creates
one or more subsidiaries that become Members of the Group, the subsidiaries
shall be subject to this Agreement, and the term Group as used herein shall be
deemed to include such subsidiaries. Notwithstanding the foregoing, if at any
time Parent or any Member owns one or more subsidiaries which are ineligible
(e.g., Section&nbsp;1504(c)(2) of the Code) to join in filing a consolidated Federal
income tax return with Parent, such subsidiaries shall be subject to this
Agreement when and if such subsidiaries become eligible and join in filing a
consolidated Federal income tax return with Parent.
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Complete Agreement. This Agreement shall constitute the entire
agreement among the parties with respect to the subject matter hereof and shall
supersede any previous negotiations, commitments and writings with respect to
such subject matter.
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Successors and Assigns. This Agreement and all of its provisions
hereof shall be binding upon and shall inure to the benefit of the parties and
their respective successors and permitted assigns.

</FONT><P align="center"><FONT size="2">54</FONT>
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<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Counterparts. This Agreement may be executed in two or more
counterparts, each of which shall be deemed an original, but all of which taken
together shall constitute one and the same agreement, it being understood that
all of the parties need not sign the same counterpart.
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Governing Law. This Agreement shall be governed by and construed in
accordance with the laws of the State of Iowa, without regard to its principles
of conflicts of law.
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amendments. Except as provided in Section&nbsp;11, this Agreement may not
be modified or amended except by an agreement in writing signed by the parties
hereto.
</FONT>

<P align="center"><FONT size="2"><B>&#091;SIGNATURE PAGE FOLLOWS&#093;</B>
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<P align="center"><FONT size="2">55</FONT>
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<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;IN WITNESS WHEREOF, the parties have caused this Agreement to be executed
by their duly authorized officers as of the 1st day of July, 2000.
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    <TD align="left" valign="top" colspan="3"><FONT size="2">American Mutual Holding Company</FONT></TD>
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    <TD align="left" valign="top"><FONT size="2">By:
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    <TD align="left" valign="top"><FONT size="2">/s/ Michael G. Fraizer</FONT></TD>
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    <TD align="left" valign="top" colspan="3"><FONT size="2">AmerUs Group Co.</FONT></TD>
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    <TD align="left" valign="top"><FONT size="2">/s/ Michael G. Fraizer</FONT></TD>
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    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>

    <TD align="left" valign="top" colspan="2"><HR size="1" noshade></TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>

    <TD align="left" valign="top" colspan="3"><FONT size="2">AmerUs Properties, Inc.</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">By:
</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">/s/ Gene Harris</FONT></TD>
</TR>
<TR>
    <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>

    <TD align="left" valign="top" colspan="2"><HR size="1" noshade></TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>


    <TD align="left" valign="top" colspan="3"><FONT size="2">AmerUs Home Equity, Inc.</FONT></TD>

</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">By:
</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">/s/ Lee L. Griffin</FONT></TD>
</TR>
<TR>
    <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>

    <TD align="left" valign="top" colspan="2"><HR size="1" noshade></TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>

    <TD align="left" valign="top" colspan="3"><FONT size="2">AmerUs Direct, Inc.</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">By:
</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">/s/ Jonna M. LaToure</FONT></TD>
</TR>
<TR>
    <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>

    <TD align="left" valign="top" colspan="2"><HR size="1" noshade></TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>

    <TD align="left" valign="top" colspan="3"><FONT size="2">AmerUs Land Development, Inc.</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">By:
</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">/s/ Michael G. Fraizer</FONT></TD>
</TR>
<TR>
    <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>

    <TD align="left" valign="top" colspan="2"><HR size="1" noshade></TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>

    <TD align="left" valign="top" colspan="3"><FONT size="2">AmerUs Mortgage, Inc.</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">By:
</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">/s/ Michael G. Fraizer</FONT></TD>
</TR>
<TR>
    <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>

    <TD align="left" valign="top" colspan="2"><HR size="1" noshade></TD>
</TR>
</TABLE>
</CENTER>
<P align="center"><FONT size="2">56</FONT>
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<P align="center"><FONT size="2"><B>APPENDIX A</B>
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following and their wholly-owned (directly or indirectly) subsidiaries
are Members as defined by Section&nbsp;1(d) of this Agreement:
</FONT>
<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR valign="top">
    <TD width="1%" align="left" nowrap><FONT size="2">&nbsp;</FONT></TD>
    <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
    <TD width="96%"><FONT size="2">American Mutual Holding Company, an Iowa mutual insurance holding company</FONT></TD>
</TR>
<TR>
    <TD><FONT size="2">&nbsp;</FONT></TD>
</TR>
<TR valign="top">
    <TD width="1%" align="left" nowrap><FONT size="2">&nbsp;</FONT></TD>
    <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
    <TD width="96%"><FONT size="2">AmerUs Group Co., an Iowa corporation</FONT></TD>
</TR>
<TR>
    <TD><FONT size="2">&nbsp;</FONT></TD>
</TR>
<TR valign="top">
    <TD width="1%" align="left" nowrap><FONT size="2">&nbsp;</FONT></TD>
    <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
    <TD width="96%"><FONT size="2">AmerUs Properties, Inc., an Iowa corporation</FONT></TD>
</TR>
<TR>
    <TD><FONT size="2">&nbsp;</FONT></TD>
</TR>
<TR valign="top">
    <TD width="1%" align="left" nowrap><FONT size="2">&nbsp;</FONT></TD>
    <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
    <TD width="96%"><FONT size="2">AmerUs Home Equity, Inc., an Iowa corporation</FONT></TD>
</TR>
<TR>
    <TD><FONT size="2">&nbsp;</FONT></TD>
</TR>
<TR valign="top">
    <TD width="1%" align="left" nowrap><FONT size="2">&nbsp;</FONT></TD>
    <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
    <TD width="96%"><FONT size="2">AmerUs Direct, Inc., an Iowa corporation</FONT></TD>
</TR>
<TR>
    <TD><FONT size="2">&nbsp;</FONT></TD>
</TR>
<TR valign="top">
    <TD width="1%" align="left" nowrap><FONT size="2">&nbsp;</FONT></TD>
    <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
    <TD width="96%"><FONT size="2">AmerUs Land Development, Inc., an Iowa corporation</FONT></TD>
</TR>
<TR>
    <TD><FONT size="2">&nbsp;</FONT></TD>
</TR>
<TR valign="top">
    <TD width="1%" align="left" nowrap><FONT size="2">&nbsp;</FONT></TD>
    <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
    <TD width="96%"><FONT size="2">AmerUs Mortgage, Inc., an Iowa corporation</FONT></TD>
</TR>
</TABLE>
<P align="center"><FONT size="2">57</FONT>
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