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FLEXIBLE PREMIUM ADJUSTABLE VARIABLE LIFE
Supplement Dated July 20, 2000
To The Prospectus Dated May 1, 2000
Page 5 of the Prospectus of Flexible Premium Adjustable Variable Life prospectus
is revised by replacing the "Deductions from Premium Payments" section in the
"Diagram of a Contract" with the following:
Deductions from Premium Payments
For state and local premium taxes (2.5% of premium payments).
For contracts issued prior to May 1, 2000: For sales charges (3.5% of each
premium paid during the first ten Policy Years; 1.5% of each premium paid
thereafter).
For contracts issued after May 1, 2000: For sales charges (2.5% of each premium
paid.)
