PRICING SUPPLEMENT
Filed pursuant to Rule 424(b)(3)
Registration Statement No. 333-125937
Pricing Supplement No. 13 Dated November 7, 2005
(To Prospectus dated August 16, 2005, and
Prospectus Supplement dated August 16, 2005)
CUSIP: 02003MAN4
ALLSTATE LIFE GLOBAL FUNDING
SECURED MEDIUM TERM NOTES
ISSUED THROUGH
ALLSTATE LIFE GLOBAL FUNDING TRUST 2005-7 (THE "TRUST")
The description in this pricing supplement of the particular terms of
the Secured Medium Term Notes offered hereby supplements the description of the
general terms and provisions of the notes set forth in the accompanying
prospectus and prospectus supplement, to which reference is hereby made.
Principal Amount: $350,000,000 Agent(s) Discount: 0.0200%
Issue Price: 100.00% Original Issue Date: November 14, 2005
Net Proceeds to the Trust: $349,930,000 Stated Maturity Date: November 14, 2007
Funding Agreement Number(s): FA-41088
Specified Currency: U.S. Dollars
Interest Payment Dates: February 14, May 14, August 14 Depositary: The Depository Trust Company
and November 14 in each year
Initial Interest Payment Date: February 14, 2006
Regular Record Date: 15 calendar days prior to the Interest Payment Date
Type of Interest Rate: [ ] Fixed Rate [x ] Floating Rate
Fixed Rate Notes: [ ] Yes [x ] No. If, Yes,
Interest Rate:
Floating Rate Notes: [x ] Yes [ ] No. If, Yes,
Regular Floating Rate Notes: [x] Yes [ ] No. If, Yes,
Interest Rate: Interest Rate Basis plus the Spread
Interest Rate Basis(es): See below
Floating Rate/Fixed Rate Note: [ ] Yes[x] No. If, Yes,
Floating Interest Rate:
Interest Rate Basis(es):
Fixed Interest Rate:
Fixed Rate Commencement Date:
Inverse Floating Rate Note: [ ] Yes [x] No. If, Yes,
Fixed Interest Rate:
Floating Interest Rate:
Interest Rate Basis(es):
Initial Interest Rate*, if any:
Initial Interest Reset Date:
Interest Rate Basis(es). Check all that apply:
[ ] CD Rate [ ] Commercial Paper Rate
[ ] CMT Rate [ ] Eleventh District Cost of Funds Rate
[ ] Constant Maturity Swap Rate [ ] Federal Fund Open Rate
[x] LIBOR [ ] Federal Funds Rate
[ ] EURIBOR [ ] Treasury Rate
[ ] Prime Rate
If LIBOR:
[ ] LIBOR Reuters Page [x] LIBOR Moneyline Telerate Page
LIBOR Currency:
If CMT Rate:
Designated CMT Telerate Page:
If 7052: [ ] Weekly Average
[ ] Monthly Average
Designated CMT Maturity Index:
Index Maturity: Three months
Spread (+/-): +0.02%
Spread Multiplier: Not applicable
Interest Reset Date(s): Each Interest Payment Date
Interest Rate Determination Date(s): The second London banking day proceeding the related
Interest Reset Date
Maximum Interest Rate, if any: Not applicable
Minimum Interest Rate, if any; Not applicable
* From the Original Issue Date to the Initial Interest Payment Date, the Initial Interest Rate shall be deemed to be:
[ ] CD Rate [ ] Commercial Paper Rate
[ ] CMT Rate [ ] Eleventh District Cost of Funds Rate
[ ] Constant Maturity Swap Rate [ ] Federal Funds Open Rate
[x]LIBOR [ ] Federal Funds Rate
[ ] EURIBOR [ ] Treasury Rate
[ ] Prime Rate
Calculation Agent: J.P. Morgan Trust Company, National Association
Exchange Rate Agent: Not applicable
Computation of Interest (not applicable unless different than as specified in
the prospectus and prospectus supplement):
Day Count Convention (not applicable unless different than as specified in the prospectus and prospectus supplement):
Amortizing Note: [ ] Yes [x] No. If, Yes,
Amortizing Schedule:
Additional/Other Terms:
Discount Note: [ ] Yes [x] No. If, Yes,
Total Amount of Discount:
Initial Accrual Period of Discount:
Additional/Other Terms:
Redemption Provisions: [ ] Yes [x] No. If, Yes,
Initial Redemption Date:
Initial Redemption Percentage:
Annual Redemption Percentage Reduction (if any):
Redemption: [ ] In whole only and not in part
[ ] May be in whole or in part
Additional/Other Terms:
Repayment: [ ] Yes [x] No. If, Yes,
Repayment Date(s):
Repayment Price:
Repayment: [ ] In whole only and not in part
[ ] May be in whole or in part
Additional/Other Terms:
Sinking Fund (not applicable unless specified):
Additional Amounts to be Paid for Withholding Tax (not applicable unless
specified):
Securities Exchange Listing: [ ] Yes [x]No. If Yes, Name of
Exchange:
Authorized Denominations: $1,000
Ratings:
The Notes issued under the Program are rated "AA" by Standard & Poor's
("S&P"). Allstate Life anticipates Moody's Investors Service, Inc.
("Moody's") to rate the Notes "Aa2" at the Original Issue Date.
Agent(s) Purchasing Notes as Principal:
[x] Yes [ ] No. If Yes,
Agent(s) Principal Amount
Merrill Lynch, Pierce, Fenner & Smith Incorporated $175,000,000
Banc of America Securities LLC $175,000,000
------------
$350,000,000
Total: ============
Agent(s) Acting as Agent:
[ ] Yes [x]No. If Yes,
Agent(s) Principal Amount
Total:
Additional/Other Terms: Not applicable
Special Tax Considerations: Interest payable on the Notes will be treated as
"qualified stated interest" for United States Federal income tax purposes, as it
meets the specified criteria referenced in the prospectus supplement under the
heading "United States Federal Income Tax Considerations-U.S. Holders-Floating
Rate Notes."
