TRAVELERS FUND BD IV FOR VARIABLE ANNUITIES
497, 1998-09-08
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                                          September 8, 1998 Suppement to
                                          Prospectus dated May 1, 1998



                         Travelers Index Annuity          
                

The following information supplements the Prospectuses for Fund BD III and 
Fund BD IV for Variable Annuities:

Each of the Principal Protection Guarantee levels of 90%, 100% and 115% may 
not be available for new purchases at all times. If a Guarantee Level becomes
unavailable, it will not affect existing contract owners who have purchased a
contract with principal protection. Your registered representative can advise
you of the levels that are currently available. 


L-12682/3-A                                                               9/98 


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