Independence Holding Company Announces Semi-Annual Cash Dividend

Independence Holding Company Announces Semi-Annual Cash Dividend

STAMFORD, Conn., June 6, 2013 (GLOBE NEWSWIRE) -- Independence Holding Company
(NYSE:IHC) today reported declaration of its semi-annual cash dividend of
$0.035 per share of common stock, payable to stockholders of record on June
17, 2013, with a payment date of July 1, 2013.

About Independence Holding Company

IHC is a holding company principally engaged in the life and health insurance
business and the acquisition of blocks of policies through its insurance
company subsidiaries (Standard Security Life Insurance Company of New York,
Madison National Life Insurance Company, Inc. and Independence American
Insurance Company) and its marketing and administrative affiliates. Standard
Security Life markets medical stop-loss, small group major medical, short-term
medical, major medical for individuals and families, limited medical, group
long and short-term disability and life, dental, vision and various
supplemental products. Madison Life sells group life and disability, employer
medical stop-loss, small group major medical, major medical for individuals
and families, short-term medical, dental, individual life insurance, and
various supplemental products. Independence American offers major medical for
individuals and families, medical stop-loss, small group major medical,
short-term medical, pet insurance, and non-subscriber occupational accident
and international coverages. IHC owns certain subsidiaries through its
majority ownership of American Independence Corp. (Nasdaq:AMIC), which is a
holding company principally engaged in the insurance and reinsurance business.

CONTACT: DAVID T. KETTIG
         (212) 355-4141
         www.ihcgroup.com
 
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