Acap Corp. (ACPC/ACPC.PK) Wrap Up:

Acap Corporation, a life insurance holding company, acquires existing life insurance policies, either through direct purchase or the acquisition of life insurance companies. Through its life insurance subsidiaries, Acap maintains individual Medicare supplement health policies, and a portfolio of individual life insurance policies and annuity contracts. The policies serviced by Acap are primarily traditional whole life policies, interest-sensitive whole life policies, term life policies, stipulated premium whole life policies, flexible premium annuity contracts, and Medicare supplement policies. As of December 8, 2006, Acap Corporation is a subsidiary of UTG Inc.