<PAGE> 1
SEPTEMBER 18, 2000 SUPPLEMENT TO
THE TRAVELERS ACCESS SELECT ANNUITY
PROSPECTUS DATED MAY 1, 2000
THE COVER PAGE OF THE PROSPECTUS IS AMENDED AS FOLLOWS:
You can choose to have your premium ("purchase payments") accumulate on a fixed
basis and/or a variable basis. Your contract value will vary daily to reflect
the investment experience of the subaccounts ("funding options") you select and
any interest credited to the Fixed Account. The variable funding options are:
<TABLE>
<CAPTION>
<S> <C>
Capital Appreciation Fund TRAVELERS SERIES FUND INC.
Money Market Portfolio AIM Capital Appreciation Portfolio
AIM VARIABLE INSURANCE FUNDS, INC. Alliance Growth Portfolio
AIM V.I. Value Fund MFS Total Return Portfolio
ALLIANCE VARIABLE PRODUCT SERIES, FUND THE TRAVELERS SERIES TRUST
Premier Growth Portfolio Class B Convertible Bond Portfolio
DELAWARE GROUP PREMIUM FUND, INC. Disciplined Mid Cap Stock Portfolio
REIT Series Disciplined Small Cap Stock Portfolio
DREYFUS VARIABLE INVESTMENT FUND Equity Income Portfolio (Fidelity)
Appreciation Portfolio* Federated High Yield Portfolio
Small Cap Portfolio Federated Stock Portfolio
GREENWICH STREET SERIES FUND Large Cap Portfolio (Fidelity)
Appreciation Portfolio Lazard International Stock Portfolio
Diversified Strategic Income Portfolio MFS Emerging Growth Portfolio
Equity Index Portfolio Class II MFS Mid Cap Growth Portfolio
Total Return Portfolio Travelers Quality Bond Portfolio
JANUS ASPEN SERIES VARIABLE INSURANCE PRODUCTS FUND II (FIDELITY)
Balanced Portfolio - Service Shares Contrafund(R) Portfolio - Service Class 2
Global Life Sciences Portfolio - Service Shares WARBURG PINCUS TRUST
Global Technology Portfolio - Service Shares Emerging Markets Portfolio
Worldwide Growth Portfolio - Service Shares
SALOMON BROTHERS VARIABLE SERIES FUNDS, INC.
Investors Fund
</TABLE>
* formerly Capital Appreciation Portfolio.
THE FOLLOWING INFORMATION SUPPLEMENTS THE FEE TABLE:
<TABLE>
<CAPTION>
TOTAL ANNUAL
OPERATING
MANAGEMENT FEE OTHER EXPENSES EXPENSES
FUNDING OPTIONS: (AFTER EXPENSE (AFTER EXPENSE (AFTER EXPENSE
REIMBURSEMENT) 12b-1 FEES REIMBURSEMENT) REIMBURSEMENT)
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<S> <C> <C> <C> <C>
AIM VARIABLE INSURANCE FUNDS, INC.
AIM V.I. Value Fund........................ 0.61% 0.15% 0.76%
TRAVELERS SERIES TRUST
AIM Capital Appreciation Portfolio............. 0.80% 0.04% 0.84%(13)
</TABLE>
(13) Expenses are as of October 31, 1999 (the Fund's fiscal year end). There
were no fees waived or expenses reimbursed for these funds in 1999.
<PAGE> 2
EXAMPLE*:
Assuming a 5% annual return on assets, a $1,000 investment would be subject to
the following expenses:
<TABLE>
<CAPTION>
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IF CONTRACT IS SURRENDERED, ANNUITIZED OR
IF NO WITHDRAWALS HAVE BEEN MADE AT THE
END OF PERIOD SHOWN:
---------------------------------------------
FUNDING OPTION 1 YEAR 3 YEARS 5YEARS 10 YEARS
---------------------------------------------------- --------- ----------- ---------- ------------
<S> <C> <C> <C> <C>
AIM VARIABLE INSURANCE FUNDS, INC..................
AIM V.I. Value Fund............................. 22 68 116 250
TRAVELERS SERIES FUND, INC.
AIM Capital Appreciation Portfolio 23 70 120 258
</TABLE>
THE FOLLOWING INFORMATION SUPPLEMENTS THE INFORMATION IN "THE FUNDING OPTIONS"
SECTION:
<TABLE>
<CAPTION>
FUNDING INVESTMENT INVESTMENT
OPTION OBJECTIVE ADVISER/SUBADVISER
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<S> <C> <C>
AIM VARIABLE INSURANCE FUNDS, INC.
AIM V.I. Value Fund Seeks to achieve long-term growth of AIM Advisers, Inc.
capital by investing primarily in equity
securities of undervalued companies. Income
is a secondary objective.
TRAVELERS SERIES FUND, INC.
AIM Capital Appreciation Portfolio Seeks capital appreciation by investing Travelers Investment Advisers ("TIA")
principally in common stock, with emphasis Subadviser: AIM Capital Management, Inc.
on medium-sized and smaller emerging growth
companies.
</TABLE>
THE FOLLOWING INFORMATION REPLACES THE "DISTRIBUTION" SECTION:
DISTRIBUTION
The Company intends to sell the Contracts in all jurisdictions where it is
licensed to do business and where the Contract is approved. Any sales
representative or employee associated with a broker-dealer who sells the
Contracts will be qualified to sell variable annuities under applicable federal
and state laws. Each broker-dealer is registered with the SEC under the
Securities Exchange Act of 1934, and all are members of the NASD. The principal
underwriter of the Contracts is CFBDS, Inc. 21 Milk Street, Boston, MA. CFBDS is
not affiliated with the Company or the Separate Account. However, it is
currently anticipated that Travelers Distribution LLC (TDC), One Tower Square,
Hartford, Connecticut 06183, an affiliated broker-dealer, may become the
principal underwriter for the Contracts sometime in 2000.
In no event will up-front commission paid to broker-dealers exceed 7% of the
purchase payments made under the Contracts. If asset-based compensation is paid,
it will not exceed 2% of the average account value annually. From time to time,
the Company may pay or permit other promotional incentives, in cash, credit or
other compensation.
L-21194-B
