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RULE 497(e)
REG. NO. 333-13087
SUPPLEMENT DATED JULY 1, 1999
TO PROSPECTUS, DATED MAY 3, 1999
FOR
SUN LIFE CORPORATE VUL-SM-
A FLEXIBLE PREMIUM VARIABLE UNIVERSAL LIFE INSURANCE POLICY
ISSUED BY SUN LIFE ASSURANCE COMPANY OF CANADA (U.S.)
Effective July 1, 1999, the name of the J.P. Morgan Series Trust II
Equity Portfolio is changed to the J.P. Morgan Series Trust II U.S.
Disciplined Equity Portfolio. All references in the Prospectus dated May 3,
1999 (the "Prospectus") for the Sun Life Corporate VUL-SM- to the "J.P.
Morgan Equity Portfolio" now refer to the "J.P. Morgan U.S. Disciplined
Equity Portfolio" (the "Fund").
Additionally, "Management Fees," "Other Expenses" and "Total Annual Fund
Expenses" for the Fund shown in the table on page 2 of the Prospectus under
the heading "Annual Fund Expenses" should now read "0.35%," "0.52%" and
"0.87%," respectively. Additionally, Footnote (4) to the table is hereby
deleted in its entirety and replaced with the following:
"(4) The information in the foregoing table has been restated to
reflect an agreement by Morgan Guaranty Trust Company of New York,
an affiliate of Morgan, to reimburse the trust to the extent
certain expenses exceed in any fiscal year 0.75%, 0.85% and 1.15%
of the average daily net assets of the J.P. Morgan Bond Portfolio,
the J.P. Morgan U.S. Disciplined Equity Portfolio and the J.P.
Morgan Small Company Portfolio, respectively. Without such
reimbursement, total fund annual expenses would have been 1.02%
for the J.P. Morgan Bond Portfolio, 1.43% for the J.P. Morgan
U.S. Disciplined Equity Portfolio, and 3.43% for the J.P. Morgan
Small Company Portfolio."
VUL-JPM SUPP 7/99
