AMERICAN SKANDIA LIFE ASSURANCE CORP SEPARATE ACCOUNT F
497, 2000-02-29
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Supplement to Prospectus Dated May 3, 1999 and Revised Effective August 27, 1999
                       Supplement dated February 29, 2000

This Supplement should be retained with the current Prospectus for your variable
life  insurance  policy issued by American  Skandia Life  Assurance  Corporation
("American  Skandia").  If you do not have a current prospectus,  please contact
American Skandia at 1-800-SKANDIA.

AST Janus Overseas Growth Portfolio/Sub-account

Effective March 1, 2000, the AST Janus Overseas Growth  portfolio will no longer
be offered as a Sub-account  under the Policy,  except as noted below.  Existing
policies  with  Account  Value  allocated  to  the  AST  Janus  Overseas  Growth
Sub-account  as of February 29, 2000 may continue to allocate  Account Value and
make  transfers into the AST Janus Overseas  Growth  Sub-account,  including any
dollar cost  averaging,  asset  allocation and  rebalancing  programs.  Policies
issued on or after March 1, 2000 will not be allowed to allocate  Account  Value
to the AST Janus Overseas Growth  Sub-account  unless the policy application was
postmarked on or before February 29, 2000 and included  instructions to allocate
Account Value to the AST Janus Overseas Growth Sub-account.

The AST Janus Overseas Growth Sub-account may be offered to new Policy Owners at
some  future  date;  however,  at the  present  time,  American  Skandia  has no
intention to do so.

ASTr/FPVLI-SUPP. (02/29/2000)                                   VLI (02/29/2000)



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