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      stock purchase plan
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&#160;

    <div>
      <div style="TEXT-ALIGN: left" align="left">&#160;</div>
      <div style="TEXT-ALIGN: left" align="left">&#160;</div>
      <div style="MARGIN-TOP: 5pt; TEXT-ALIGN: center" align="center"><strong>UNITED
        STATES</strong></div>
      <div style="MARGIN: 5pt 0in; TEXT-ALIGN: center" align="center"><strong>SECURITIES
        AND EXCHANGE COMMISSION</strong></div>
      <div style="TEXT-ALIGN: center" align="center"><strong>Washington</strong><strong>,
        D.C.20549</strong></div>
      <div style="MARGIN: 5pt 0in; TEXT-ALIGN: center" align="center"><strong>FORM
        8-K</strong></div>
      <div style="MARGIN: 5pt 0in; TEXT-ALIGN: center" align="center"><strong>Current
        Report</strong></div>
      <div style="MARGIN: 5pt 0in; TEXT-ALIGN: center" align="center"><strong>Pursuant
        to Section 13 or 15(d) of<br>The Securities Exchange Act of 1934</strong></div>
      <div style="MARGIN: 5pt 0in; TEXT-ALIGN: center" align="center"><strong>Date
        of
        Report</strong></div>
      <div style="MARGIN: 5pt 0in; TEXT-ALIGN: center" align="center"><strong>(Date
        of
        earliest event reported): January 11, 2007</strong></div>
      <div style="MARGIN-TOP: 5pt; TEXT-ALIGN: center" align="center"><strong>UTG,
        INC.</strong></div>
      <div style="TEXT-ALIGN: center" align="center"><strong>(Exact name of registrant
        as specified in its charter)</strong></div>
      <div align="center">
        <table border="0" cellpadding="0" cellspacing="0" style="BORDER-COLLAPSE: collapse; mso-padding-alt: 0in 0in 0in 0in">

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                <div style="TEXT-ALIGN: left" align="left">&#160;</div>
              </td>
              <td valign="bottom" width="19" style="padding-right: 0in; padding-left: 0in; padding-bottom: 0in; width: 14.2pt; padding-top: 0in;">
                <div style="TEXT-ALIGN: left" align="left">&#160;</div>
              </td>
              <td valign="bottom" width="195" style="padding-right: 0in; padding-left: 0in; padding-bottom: 0in; width: 146.55pt; padding-top: 0in;">
                <div style="TEXT-ALIGN: left" align="left">&#160;</div>
              </td>
              <td valign="bottom" width="19" style="padding-right: 0in; padding-left: 0in; padding-bottom: 0in; width: 14.2pt; padding-top: 0in;">
                <div style="TEXT-ALIGN: left" align="left">&#160;</div>
              </td>
              <td valign="bottom" width="195" style="padding-right: 0in; padding-left: 0in; padding-bottom: 0in; width: 146.55pt; padding-top: 0in;">
                <div style="TEXT-ALIGN: left" align="left">&#160;</div>
              </td>
            </tr>
            <tr style="mso-yfti-irow: 1;">
              <td valign="top" width="195" style="padding-right: 0in; padding-left: 0in; padding-bottom: 0in; width: 146.5pt; padding-top: 0in;">
                <div style="TEXT-ALIGN: center" align="center"><strong>Delaware</strong></div>
              </td>
              <td valign="bottom" width="19" style="padding-right: 0in; padding-left: 0in; padding-bottom: 0in; width: 14.2pt; padding-top: 0in;">
                <div style="TEXT-ALIGN: left" align="left">&#160;</div>
              </td>
              <td valign="top" width="195" style="padding-right: 0in; padding-left: 0in; padding-bottom: 0in; width: 146.55pt; padding-top: 0in;">
                <div style="TEXT-ALIGN: center" align="center"><strong>0-16867</strong></div>
              </td>
              <td valign="bottom" width="19" style="padding-right: 0in; padding-left: 0in; padding-bottom: 0in; width: 14.2pt; padding-top: 0in;">
                <div style="TEXT-ALIGN: left" align="left">&#160;</div>
              </td>
              <td valign="top" width="195" style="padding-right: 0in; padding-left: 0in; padding-bottom: 0in; width: 146.55pt; padding-top: 0in;">
                <div style="TEXT-ALIGN: center" align="center"><strong>20-2907892</strong></div>
              </td>
            </tr>
            <tr style="mso-yfti-irow: 2;">
              <td valign="top" width="195" style="padding-right: 0in; padding-left: 0in; padding-bottom: 0in; width: 146.5pt; padding-top: 0in;">
                <div style="TEXT-ALIGN: center" align="center">(State or other jurisdiction
                  of </div>
                <div style="TEXT-ALIGN: center" align="center">incorporation or
                  organization)</div>
              </td>
              <td valign="bottom" width="19" style="padding-right: 0in; padding-left: 0in; padding-bottom: 0in; width: 14.2pt; padding-top: 0in;">
                <div style="TEXT-ALIGN: left" align="left">&#160;</div>
              </td>
              <td valign="top" width="195" style="padding-right: 0in; padding-left: 0in; padding-bottom: 0in; width: 146.55pt; padding-top: 0in;">
                <div style="TEXT-ALIGN: center" align="center">(Commission File
                  Number)
                  </div>
              </td>
              <td valign="bottom" width="19" style="padding-right: 0in; padding-left: 0in; padding-bottom: 0in; width: 14.2pt; padding-top: 0in;">
                <div style="TEXT-ALIGN: left" align="left">&#160;</div>
              </td>
              <td valign="top" width="195" style="padding-right: 0in; padding-left: 0in; padding-bottom: 0in; width: 146.55pt; padding-top: 0in;">
                <div style="TEXT-ALIGN: center" align="center">(I.R.S. Employer
                  Identification No.)</div>
              </td>
            </tr>
            <tr style="mso-yfti-irow: 3; mso-yfti-lastrow: yes;">
              <td valign="top" width="195" style="padding-right: 0in; padding-left: 0in; padding-bottom: 0in; width: 146.5pt; padding-top: 0in;">
                <div style="TEXT-ALIGN: center" align="center">&#160;</div>
              </td>
              <td valign="bottom" width="19" style="padding-right: 0in; padding-left: 0in; padding-bottom: 0in; width: 14.2pt; padding-top: 0in;">
                <div style="TEXT-ALIGN: left" align="left">&#160;</div>
              </td>
              <td valign="top" width="195" style="padding-right: 0in; padding-left: 0in; padding-bottom: 0in; width: 146.55pt; padding-top: 0in;">
                <div style="TEXT-ALIGN: center" align="center">
                </div>
              </td>
              <td valign="bottom" width="19" style="padding-right: 0in; padding-left: 0in; padding-bottom: 0in; width: 14.2pt; padding-top: 0in;">
                <div style="TEXT-ALIGN: left" align="left">&#160;</div>
              </td>
              <td valign="top" width="195" style="padding-right: 0in; padding-left: 0in; padding-bottom: 0in; width: 146.55pt; padding-top: 0in;">
                <div style="TEXT-ALIGN: center" align="center">&#160;</div>
              </td>
            </tr>

        </table>
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      <div style="MARGIN: 5pt 0in; TEXT-ALIGN: center" align="center"><strong>5250
        South
        Sixth Street</strong><strong><br>Springfield, Illinois62703</strong><br>(Address
        of principal executive offices and zip code) </div>
      <div style="TEXT-ALIGN: center; mso-hyphenate: none" align="center"><strong>(217)
        241-6300</strong></div>
      <div style="MARGIN: 5pt 0in; TEXT-ALIGN: center" align="center">(Registrant&#8217;s
        telephone number, including area code) </div>
      <div style="TEXT-ALIGN: center; mso-hyphenate: none" align="center"><strong>Not
        Applicable</strong></div>
      <div style="TEXT-ALIGN: center; mso-hyphenate: none" align="center">(Former
        name
        or former address, if changed since last report)</div>
      <div style="TEXT-ALIGN: center; mso-hyphenate: none" align="center">&#160;</div>
      <div style="TEXT-ALIGN: left" align="left">&#160;</div>
      <div style="TEXT-INDENT: 0.5in">Check the appropriate box below if the Form
        8-K
        filing is intended to simultaneously satisfy the filing obligation of the
        registrant under any of the following provisions (see General Instruction
        A.2):</div>
      <div>o Written communications pursuant to Rule 425 under the Securities
        Act</div>
      <div>o Soliciting material pursuant to Rule 14a-12 under the Exchange Act</div>
      <div>o Pre-commencement communications pursuant to Rule 14d-2(b) under the
        Exchange Act</div>
      <div>o Pre-commencement communications pursuant to Rule 13e-4(c) under the
        Exchange Act</div>
      <div style="MARGIN: 5pt 0in; TEXT-ALIGN: center" align="center">&#160;</div><br clear="all">
      <div style="mso-hyphenate: none; tab-stops: right 7.0in"><a name="OLE_LINK1"><strong>Section
        8 &#8211; Other Events</strong></a></div>
      <div style="mso-hyphenate: none; tab-stops: right 7.0in">&#160;</div>
      <div style="mso-hyphenate: none; tab-stops: right 7.0in"><strong>Item
        8.01.&#160; Other Events.</strong></div>
      <div style="mso-hyphenate: none; tab-stops: right 7.0in">&#160;</div>
      <div style="mso-hyphenate: none; tab-stops: right 7.0in">&#160;</div>
      <div style="mso-hyphenate: none; tab-stops: right 7.0in">On December 6, 2006,
        the Board of Directors of UTG, Inc. (&#8220;UTG&#8221;), approved a resolution amending the
        Company&#8217;s Employee and Director Stock Purchase Plan (the &#8220;Plan&#8221;) originally
        established in 2002 and as amended in 2003 and 2005.&#160; The recent amendment
        modified the formula used in the calculation of the purchase price adjustment
        based on the monthly net earnings (loss) of the entity.&#160; This adjustment
        was deemed necessary to take into account the future GAAP intangibles
        amortization from the recent acquisition of Acap Corporation and its
        subsidiaries.&#160; The amendment does not impact historic performance of the
        plan.&#160; All current and future participants in the plan will abide by the
        new formula.</div>
      <div style="mso-hyphenate: none; tab-stops: right 7.0in">&#160;</div>
      <div style="MARGIN-BOTTOM: 0pt; mso-hyphenate: none; tab-stops: right 7.0in">&#160;</div><br clear="all">
      <div style="TEXT-ALIGN: justify">&#160;</div>
      <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><strong>SIGNATURES</strong></div>
      <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 9pt; MARGIN-RIGHT: 0pt">Pursuant
        to
        the requirements of the Securities Exchange Act of 1934, the Registrant has
        duly
        caused this report to be signed on its behalf by the undersigned hereunto
        duly
        authorized. </div>
      <div style="TEXT-ALIGN: left; tab-stops: 220.4pt 241.8pt 244.55pt 401.9pt" align="left">&#160;</div>
      <div style="TEXT-ALIGN: center" align="center"><strong>UTG, INC.</strong></div>
      <div style="TEXT-ALIGN: left" align="left">&#160;</div>
      <div>&#160;</div>
      <div style="TEXT-ALIGN: left; tab-stops: 220.4pt 401.9pt" align="left">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
        &#160;</div>
      <div style="TEXT-ALIGN: left; tab-stops: right 2.75in left 220.4pt 241.8pt 401.9pt" align="left">Date:&#160;
<u>January
        11,
        2007&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</u>&#160;&#160;&#160;&#160;&#160;&#160;&#160; By:&#160; <u>/s/ Theodore C.
        Miller&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</u></div>
      <div style="TEXT-ALIGN: left; tab-stops: 220.4pt 241.8pt 401.9pt" align="left">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
        Theodore C.
        Miller&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</div>
      <div style="TEXT-ALIGN: left; tab-stops: 220.4pt 241.8pt 401.9pt" align="left">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
        Senior Vice President and Chief Financial Officer</div>
      <div style="TEXT-ALIGN: left" align="left">&#160;</div>
    </div><br clear="all">
    <div>
      <div>Exhibit Index</div>
      <table border="0" cellpadding="0" cellspacing="0" style="BORDER-COLLAPSE: collapse; mso-padding-alt: 0in 5.4pt 0in 5.4pt; mso-yfti-tbllook: 480">

          <tr style="mso-yfti-irow: 0; mso-yfti-firstrow: yes;">
            <td valign="bottom" width="95" style="border-right: medium none; padding-right: 5.4pt; border-top: medium none; padding-left: 5.4pt; padding-bottom: 0in; border-left: medium none; width: 71.4pt; padding-top: 0in; border-bottom: windowtext 1pt solid; mso-border-bottom-alt: solid windowtext .5pt;">
              <div style="MARGIN-BOTTOM: 0pt; TEXT-ALIGN: left" align="left">Exhibit
                No.</div>
            </td>
            <td valign="bottom" width="25" style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 18.7pt; padding-top: 0in;">
              <div style="MARGIN-BOTTOM: 0pt; TEXT-ALIGN: left" align="left">&#160;</div>
            </td>
            <td valign="bottom" width="495" style="border-right: medium none; padding-right: 5.4pt; border-top: medium none; padding-left: 5.4pt; padding-bottom: 0in; border-left: medium none; width: 371.3pt; padding-top: 0in; border-bottom: windowtext 1pt solid; mso-border-bottom-alt: solid windowtext .5pt;">
              <div style="MARGIN-BOTTOM: 0pt; TEXT-ALIGN: left" align="left">Description</div>
            </td>
          </tr>
          <tr style="mso-yfti-irow: 1; mso-yfti-lastrow: yes;">
            <td valign="top" width="95" style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 71.4pt; padding-top: 0in;">
              <div style="MARGIN-TOP: 6pt; TEXT-ALIGN: justify">Exhibit 99.1</div>
            </td>
            <td valign="top" width="25" style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 18.7pt; padding-top: 0in;">
              <div style="MARGIN-TOP: 6pt; TEXT-ALIGN: justify">&#160;</div>
            </td>
            <td valign="top" width="495" style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0in; width: 371.3pt; padding-top: 0in;">
              <div style="MARGIN-TOP: 6pt; TEXT-ALIGN: justify">UTG, Inc. Amended
                and
                Restated Employee and Director Stock Purchase
                Plan</div>
            </td>
          </tr>

      </table>
      <div style="TEXT-ALIGN: justify">&#160;</div>
      <div style="TEXT-ALIGN: justify">&#160;</div>
    </div>
  </body>
</html>
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{"company-data": {"conformed-name": "UTG INC", "cik": "0000832480", "assigned-sic": "6311", "irs-number": "202907892", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-16867", "film-number": "07525352"}, "business-address": {"street1": "PO BOX 5147", "street2": "5250 SOUTH SIXTH STREET ROAD", "city": "SPRINGFIELD", "state": "IL", "zip": "62703", "phone": "2173236300"}, "mail-address": {"street1": "PO BOX 5147", "street2": "5250 SOUTH SIXTH STREET", "city": "SPINGFIELD", "state": "IL", "zip": "62705"}, "former-company": [{"former-conformed-name": "UNITED TRUST GROUP INC", "date-changed": "20001206"}, {"former-conformed-name": "UNITED TRUST INC /IL/", "date-changed": "19920703"}]}
stock purchase plan
UNITED
        STATES
SECURITIES
        AND EXCHANGE COMMISSION
Washington
,
        D.C.20549
FORM
        8-K
Current
        Report
Pursuant
        to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date
        of
        Report
(Date
        of
        earliest event reported): January 11, 2007
UTG,
        INC.
(Exact name of registrant
        as specified in its charter)
Delaware
0-16867
20-2907892
(State or other jurisdiction
                  of
incorporation or
                  organization)
(Commission File
                  Number)
(I.R.S. Employer
                  Identification No.)
5250
        South
        Sixth Street
Springfield, Illinois62703
(Address
        of principal executive offices and zip code)
(217)
        241-6300
(Registrant's
        telephone number, including area code)
Not
        Applicable
(Former
        name
        or former address, if changed since last report)
Check the appropriate box below if the Form
        8-K
        filing is intended to simultaneously satisfy the filing obligation of the
        registrant under any of the following provisions (see General Instruction
        A.2):
o Written communications pursuant to Rule 425 under the Securities
        Act
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act
o Pre-commencement communications pursuant to Rule 14d-2(b) under the
        Exchange Act
o Pre-commencement communications pursuant to Rule 13e-4(c) under the
        Exchange Act
Section
        8 – Other Events
Item
        8.01.  Other Events.
On December 6, 2006,
        the Board of Directors of UTG, Inc. ("UTG"), approved a resolution amending the
        Company's Employee and Director Stock Purchase Plan (the "Plan") originally
        established in 2002 and as amended in 2003 and 2005.  The recent amendment
        modified the formula used in the calculation of the purchase price adjustment
        based on the monthly net earnings (loss) of the entity.  This adjustment
        was deemed necessary to take into account the future GAAP intangibles
        amortization from the recent acquisition of Acap Corporation and its
        subsidiaries.  The amendment does not impact historic performance of the
        plan.  All current and future participants in the plan will abide by the
        new formula.
SIGNATURES
Pursuant
        to
        the requirements of the Securities Exchange Act of 1934, the Registrant has
        duly
        caused this report to be signed on its behalf by the undersigned hereunto
        duly
        authorized.
UTG, INC.
Date:
January
        11,
        2007
By:
/s/ Theodore C.
        Miller
Theodore C.
        Miller
Senior Vice President and Chief Financial Officer
Exhibit Index
Exhibit
                No.
Description
Exhibit 99.1
UTG, Inc. Amended
                and
                Restated Employee and Director Stock Purchase
                Plan