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PROSPECTUS SUPPLEMENT
FIRST ALLMERICA FINANCIAL LIFE INSURANCE COMPANY
FULCRUM SEPARATE ACCOUNT
SUPPLEMENT TO PROSPECTUS DATED JULY 2, 1997
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Effective for all New York contracts, any portion of an initial net payment (or
a subsequent net payment received during the Contract's first fifteen days)
allocated to a Sub-Account or to the Guarantee Period Account will be invested
as requested and will not be held in the Money Market Fund for the Contract's
first fifteen days. As such, the fourth paragraph under "A. PAYMENTS"
beginning on page 17 of the Prospectus is amended to read in its entirety as
follows:
Generally, unless otherwise requested, all payments will be allocated among
the accounts in the same proportion that the initial net payment is
allocated or, if subsequently changed, according to the most recent
allocation instructions. Initial net payments (or subsequent net payments
received during a Contract's first fifteen days) to a New York Contract
will be invested as requested and no portion allocated to an account other
than the Money Market Fund will be held in the Money Market Fund. Under
Contracts issued in all other states, any portion of an initial net
payment and of additional net payments received during the Contract's first
fifteen days measured from the issue date, allocated to any Sub-Account
and/or any Guarantee Period Account, will be held in the Money Market Fund
until the end of the 15-day period. Thereafter, these amounts will be
allocated as requested.
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Effective for all New York Contracts, if the Owner revokes the Contract within
ten days after receipt, the Company will provide a refund equal to the amount
of gross payments. The following sentence is added to "CAN I EXAMINE THE
CONTRACT?" on page 9 of the Prospectus: "In New York, you will receive a refund
equal to your entire payment."
The following sentence is added at the end of the second paragraph of "B. RIGHT
TO REVOKE OR SURRENDER" on page 18 of the Prospectus:
Notwithstanding the above, under Contracts issued in New York, the Company
will provide a refund equal to the Owner's gross payments.
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The first paragraph under "REDUCTION OR ELIMINATION OF WITHDRAWAL CHARGES" on
page 28 of the Prospectus is amended to read in its entirety as follows:
The Company will waive the contingent deferred sales charge in the event
that the Owner (or the Annuitant, if the Owner is not an individual)
becomes physically disabled after the issue date of the Contract and
before attaining age 65. Under New York Contracts, the disability also
must exist for a continuous period of at least 4 months. The Company may
require proof of such disability and continuing disability, including
written confirmation of
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receipt and approval of any claim for Social Security Disability Benefits
and reserves the right to obtain an examination by a licensed physician of
its choice and at its expense. In addition, except in New York where not
permitted by state law, the Company will waive the contingent deferred
sales charge in the event that an Owner (or the Annuitant, if the Owner is
not an individual) is: (1) admitted to a medical care facility and remains
confined there until the later of one year after the issue date or 90
consecutive days or (2) first diagnosed by a licensed physician as having
a fatal illness after the issue date of the Contract; or (3) commencing one
year after issue of the Contract, is confined to a hospice or receives home
health services, with certification from a licensed physician that the
confinement to the hospice or receipt of home health care services is
expected to continue until death.
Supplement dated September 19, 1997
