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CITIZENS, INC. (NYSE:CIA) Files An 8-K Other Events

CITIZENS, INC. (NYSE:CIA) Files An 8-K Other Events

Item 8.01 Other Events

Table of Contents
Item8.01. Other Events.

On March17, 2017, Citizens, Inc. (the Company) filed a Form
12b-25, or NT
10-K, with the U.S. Securities and Exchange Commission (SEC) to
extend the filing deadline for its Annual Report on Form
10-K for the year
ended December31, 2016 (2016 Form 10-K) by the 15 calendar days
allotted under Rule 12b-25. At that time, the Company indicated
that it expected to file its 2016 Form 10-K on or before the
extended deadline of March31, 2017.

On March29, 2017, the Companys
independent registered public accounting firm notified the
Companys senior management and Audit Committee that it required
additional time to complete its signoff of its audit of the
Companys financial statements and its review of the Companys 2016
Form 10-K. Due to this continuing review, the Company is unable
to file its 2016 Form 10-K by the extended filing deadline of
March31, 2017 provided by Rule 12b-25 but intends to complete the
filing as promptly as possible thereafter. As indicated below in
Part IV Other Information of the amended Form 12b-25, or NT 10-K,
filed on March17, 2017, the Company does not anticipate
significant changes in results of operations in its 2016 Form
10-K from the corresponding period of the last fiscal year. The
Company continues to believe that is the case.

Cautionary Statement Regarding
ForwardLooking Statements

The Private Securities
Litigation Reform Act of 1995 provides a safe harbor for
forward-looking statements. This Form 8-K and any other written or
oral statements made by or on behalf of the Company may include
forward-looking statements that reflect the Companys current
views with respect to future events and financial performance.
All statements other than statements of historical fact included
in this Form 8-K are forward-looking statements. Forward-looking
statements can generally be identified by the use of
forward-looking terminology such as may, will, plan, expect,
project, intend, estimate, anticipate, believe and continue or
their negative or variations or similar terminology. Such
forward-looking statements in this report include the anticipated
timing of the filing of the Companys 2016 Form 10-K and the
expectation that there will be no significant changes in results
of operations from the corresponding period for the last fiscal
year. All forward-looking statements address matters that involve
risks and uncertainties. Accordingly, there may be important
factors that could cause the actual results of the Company to
differ materially from those indicated in these statements.
Please refer to the Companys filings with the SEC, including
among others the Companys Annual Report on Form 10-K for the year
ended December31, 2015 and subsequent filings on Form 10-Q, for a
description of the important factors that could cause the actual
results of the Company to differ materially from those indicated
in these statements. Forward-looking statements speak only as of
the date on which they are made, and the Company undertakes no
obligation to update publicly or revise any forward-looking
statement, whether as a result of new information, future
developments or otherwise.

Table of
Contents

About CITIZENS, INC. (NYSE:CIA)
Citizens, Inc. is an insurance holding company. The Company operates in three business segments: Life Insurance, Home Service and Other Non-Insurance Enterprises. The Life Insurance segment issues ordinary whole life insurance in the United States and in the United States Dollar-denominated amounts to foreign residents. It operates this segment through its subsidiaries, including CICA Life Insurance Company of America (CICA) and Citizens National Life Insurance Company (CNLIC). The Home Service segment sells limited-liability, named peril property policies covering dwelling and contents. Its home service insurance products consist of small face amount ordinary whole life and pre-need policies, which are designed to fund final expenses for the insured, primarily consisting of funeral and burial costs. The Other Non-insurance Enterprises segment includes Computing Technology, Inc. and Insurance Investors, Inc. This segment also includes the results of Citizens, Inc., the parent company. CITIZENS, INC. (NYSE:CIA) Recent Trading Information
CITIZENS, INC. (NYSE:CIA) closed its last trading session down -0.06 at 7.43 with 151,513 shares trading hands.

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