August 15th, 2006

SPOKANE, Wash.--(BUSINESS WIRE)—August 15, 2006--North Coast Life Insurance Company (OTCBB:NCLIP) announces today that Robert J. Ogden has been named its President and Chief Executive Officer. C. Robert Ogden, North Coast’s previous president and CEO, will continue to serve as Chairman of the Board.

Rob Ogden joined North Coast Life in 1989 after working as a senior programmer/analyst for Management Applied Programming (MAP) in Los Angeles, California. While there, he specialized in programming systems for several insurance companies. Rob has a bachelor’s degree in Music from the University of Southern California and a Masters in Business Administration from Pepperdine University. At North Coast Life his responsibilities include product development and implementation, and overseeing the sales and operations of the Company. Before becoming President, he held the positions of Marketing Assistant and Assistant to the President from 1989 to 1990, Assistant Vice President and Director of Marketing from 1990 to 1994, Vice President Insurance Operations from 1994 to 1999, and Executive Vice President Sales and Insurance Operations from 1999 to 2006.

About North Coast Life

North Coast Life is a life insurance company headquartered in Spokane, Washington, specializing in the family marketplace with interest sensitive whole life (trademark name “Versatile Life”), traditional whole life, term life and a complete line of annuity products.

July 28th, 2006

SPOKANE, Wash.--(BUSINESS WIRE)—July 28, 2006--North Coast Life Insurance Company’s (OTCBB:NCLIP) Board of Directors, at its regular quarterly meeting held July 28, 2006, declared the September 30, 2006 preferred stock dividend payment on its Series A Cumulative Convertible Preferred Stock. The cash payment of $0.25 per share will be payable on October 31, 2006, to stockholders of record at the close of business on September 29, 2006.

The Company has also released its statutory financial results for the period ended June 30, 2006. These results, along with other Company information, may be viewed at the Company’s website: www.nclife.com.

Important Notice:

“Dividend Notification” and approval by the Washington State Office of the Insurance Commissioner is required prior to distribution of preferred stock dividends. Conditions for approval are discussed in an October 24, 2001 news release available on the Company’s website. Company news, financial results and other investor information may be viewed at the Company's web site: www.nclife.com.

June 12th, 2006

SPOKANE, Wash.--(BUSINESS WIRE)—June 19, 2006--North Coast Life Insurance Company (OTCBB:NCLIP) announces four new products available as of June 12, 2006:

• Flexible Premium Deferred Annuity (FPDA) – a non-qualified plan
• Flexible Premium Deferred Annuity-IRA (FPDA-IRA) – a tax-qualified plan
• Flexible Premium Deferred Annuity-TSA (FPDA-TSA) – a tax-qualified plan
• Single Premium Deferred Annuity-Bailout Interest Rate (SPDA-BIR) – qualified and non-qualified

May 1, 2006

SPOKANE, Wash.--(BUSINESS WIRE)—May 1, 2006--North Coast Life Insurance Company’s (OTCBB:NCLIP) Board of Directors, at its regular quarterly meeting held April 28, 2006, declared the June 30, 2006 preferred stock dividend payment on its Series A Cumulative Convertible Preferred Stock. The cash payment of $0.25 per share will be payable on July 31, 2006, to stockholders of record at the close of business on June 30, 2006.

Important Notice: “Dividend Notification” and approval by the Washington State Office of the Insurance Commissioner is required prior to distribution of preferred stock dividends. Conditions for approval are discussed in an October 24, 2001 news release available on the Company’s website. Company news, financial results and other investor information may be viewed at the Company's web site: www.nclife.com.

March 17, 2006 2:00:00 PM PT

SPOKANE, Wash.--(BUSINESS WIRE)--March 17, 2006--North Coast Life Insurance Company (NCLIP) -- North Coast Life Insurance Company’s Board of Directors, at a special meeting held today, declared the March 31, 2006 preferred stock dividend payment on its Series A Cumulative Convertible Preferred Stock. The cash payment of $0.25 per share will be payable on April 28, 2006, to stockholders of record at the close of business on March 31, 2006.

Important Notice:

“Dividend Notification” and approval by the Washington State Office of the Insurance Commissioner is required prior to distribution of preferred stock dividends. Conditions for approval are discussed in an October 24, 2001 news release available on the Company’s website. Company news, financial results and other investor information may be viewed at the Company's web site: www.nclife.com.

March 14, 2005

October 5, 2004

IMPORTANT ANNOUNCEMENT

DRAMATIC INCREASE OF BUSINESS

ALL CATEGORIES

YEAR TO DATE, THROUGH SEPTEMBER 30TH

North Coast Life has experienced a dramatic increase throughout the year of 2004.  Paid and placed business has increased as follows:

Life Sales:	Up	78%
Care (accident plans):	Up	415%
All Annuity Plans:	Up	847%

We are very proud of the volume and quality of business that has been placed to date and we look forward to closing the books on what will surely be a year of record breaking history!

* The above figures refect current premium increases

June 10, 2003

Dear Stockholder:

Attached is a copy of a press release which we disseminated nationally late on June 3, 2003 through "Business Wire" and which affects the marketplace on which our preferred stock will trade in the future along with our common stock.

Since the time that our preferred stock was issued in 1993 the stock has been listed on the NASDAQ SmallCap Marketplace. We have always had approximately the same number of round lot preferred shareholders and preferred shares publicly held, and ten years ago that was sufficient for listing.  At the end of last year, however, NASDAQ revised its listing requirements and our preferred stock no longer meets them.

The listing on the NASDAQ SmallCap Marketplace gave us a quote on our preferred stock in the Wall Street Journal under the "NASDAQ SmallCap Issues" on the days when trading occurred.  However, we learned through experience that most stockholders or persons interested in our stock obtained their quotes by calling Selkirk Investments here in Spokane or Pennaluna and Company where both our preferred and common stocks are traded, or one of the other market makers which are Charles Schwab and Hill, Thompson, Magid in New York City.  Many also see the quote on our preferred stock in the Spokane Spokesman-Review in the small box entitled "Spokane Over the Counter" on the business page.  

During these years our common stock was not eligible for listing on the NASDAQ SmallCap Marketplace  because of the limited number of shareholders, and the common stock was traded through the NASDAQ Over-The-Counter Bulletin Board. 96% of the quotations on the OTCBB are from market makers that actively quote securities on the "Pink Sheets" today.  Several thousand companies are traded over-the-counter daily through quotes on the Pink Sheets.  In the fall of 1999, Pink Sheets, LLC, began operating an electronic version of the pink sheets, allowing for the more frequent updating of quotes and information about over-the-counter securities.

NASDAQ has announced that the OTC Bulletin Board (OTCBB) will be phased out as the new NASDAQ Bulletin Board Exchange (BBX) is launched later this year.  The difference between the BBX exchange and the Pink Sheets will be that companies listed on the BBX exchange will be required to meet many of the same requirements as companies listed on NASDAQ, such as furnishing annual audited financial statements to the BBX and to stockholders as well as meeting certain listing and corporate governance standards such as having an annual meeting of stockholders with a formal proxy statement and voting, regular board meetings, and an Audit Committee of the Board made up of outside Directors.  There will be a listing fee for the BBX exchange while listing on the Pink Sheets will be free.  

Because we are a regulated insurance company and file both annual audited statutory and GAAP financial statements with the states in which we are admitted and with the National Association of Insurance Commissioners, and we meet the corporate governance standards which the BBX will require, we already are doing the expensive things that are required of a company that wishes to be listed on the BBX.  We do not yet know what the listing requirements or the listing fees will be for the new BBX exchange.  We hope that both our preferred and common stock will qualify.

We have been assured by our market maker and by various of our contacts in the brokerage community that whether or not our shares are listed on the NASDAQ SmallCap Market, on the OTC Bulletin Board or on the new BBX exchange will really make little difference in the liquidity of the shares, the availability of quotes, or in the marketability of our stock.  Nevertheless, we wish to have our stock be as marketable as possible.  We will be following closely the rules being made by NASDAQ to establish the BBX exchange and will keep you advised.

Trading in both our common and preferred stock principally is done through Stan Covey at Pennaluna and Company, 421 Sherman Avenue, Coeur d’Alene, Idaho 83814 (208)667-7472.

In addition, you can obtain a quote on our common or preferred stock at any time by going to the "Investor Information" section of our website which you will find at  www.nclife.com.  Our website is directly linked to NASDAQ and the OTCBB and constantly updated through those sources.

Sincerely yours,

C. Robert Ogden

CRO/lb President

SPOKANE, Wash.--(BUSINESS WIRE)--June 3, 2003--North Coast Life Insurance Company of Spokane, Washington, announced that it received on May 30, 2003, a NASDAQ Staff Determination stating that under NASDAQ SmallCap Marketplace Rule 4310(7)(B), as recently reinterpreted, its preferred stock does not meet the minimum listing requirement of 300 round lot shareholders and 500,000 publicly held shares.

NASDAQ determined that North Coast Life currently has 169 round lot preferred shareholders and 325,218 publicly held preferred shares. Consequently North Coast Life's preferred stock will be delisted from the NASDAQ SmallCap Market at the opening of business on June 10, 2003.

The Company will not appeal the NASDAQ determination inasmuch as the Company also was notified by NASDAQ that its preferred stock will be eligible for quotation on the Over-The-Counter Bulletin Board effective also at the opening of business on June 10, 2003. The OTC Bulletin Board symbol assigned to the Company's preferred stock is "NCLIP," the same symbol as used by the SmallCap Market. The Company's common stock has traded for the last ten years on the OTC Bulletin Board under the assigned symbol "NCLI."

SPOKANE, Wash.--(BUSINESS WIRE)--April 29, 2003--North Coast Life Insurance Company (Nasdaq:NCLIP), (OTC:NCLI) said today that Gavin Cooley, Treasurer, has announced his confirmation to become the City of Spokane's new Chief Financial Officer.

Mr. Cooley, who was previously appointed by Spokane's Mayor to the new position, was affirmed by the City Council yesterday evening.

Mr. Cooley served as the Company's Treasurer since May 14, 1990. He will be succeeded by Robin Johnston, CPA, who has been the Company's Assistant Treasurer since April 6, 1992 and is familiar with all facets of the Company's financial operation. Both Ms. Johnston and Mr. Cooley worked for Coopers and Lybrand before joining North Coast life.

Mr. Cooley will remain a member of the Company's Board of Directors.

Letter to Shareholders

 From:        C. Robert Ogden
                   Chairman and CEO

 Re:            Suspension of Preferred Stock Dividend

 Date:         January 8, 2003

 Dear Fellow Shareholder:

 As you may be aware, after careful consideration, management has decided to suspend dividend payments on North Coast ’s Series A, 10% Preferred Stock.

 Let me provide a little of the history which led up to this difficult decision.  On December 6, 2002, we announced a downturn in the credit quality of some of our investment holdings in other companies.  We disclosed that although our operational income has remained strong, these troubled investments were putting a strain on our surplus accounts.  We therefore indicated that we would continue to monitor the investments in question and that we would also need to consider a wide range of cost cutting measures, including a suspension of our preferred stock dividend.

 Unfortunately, following our December 6^th announcement, the status of the troubled investment holdings did not improve.  We were therefore left little choice but to adopt aggressive cost cutting measures, including the suspension of the dividend, which we announced on December 23^rd.   I am enclosing copies of our December 6^th and 23^rd press releases.

 I wish to assure you that we are resolute and taking every step possible to manage your Company through these challenging circumstances.  We are also hopeful that continued improvement in our nation’s economy will strengthen our investments.  Our Board of Directors will keep as a top priority the reinstatement of the preferred stock dividend, including unpaid dividends, at the earliest date conditions allow.

 Finally, I wish to thank all of you for your support.  As much as we regretted suspending the dividend, it is one of the steps we simply had to take at this difficult time.  We will continue to keep you updated on developments as they occur.  I also encourage you to visit our website (www.nclife.com) where we regularly post Company information under the sections: Investor Center / Investor News.

 Respectfully yours,

 C. Robert Ogden
Chairman and CEO