AMERICAN EQUITY LIFE VARIABLE ACCOUNT
N-8A, 1998-02-06
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<PAGE>

                  SECURITIES AND EXCHANGE COMMISSION

                           WASHINGTON, DC

                              FORM N-8A

                     NOTIFICATION OF REGISTRATION
               FILED PURSUANT TO SECTION 8(A) OF THE
                  INVESTMENT COMPANY ACT OF 1940



            The undersigned investment company hereby notifies the Securities 
and Exchange Commission that it registers under and pursuant to the 
provisions of Section 8(a) of the Investment Company Act of 1940 and in 
connection with such notification of registration submits the following 
information:

A.    NAME:       American Equity Life Variable Account

B.    ADDRESS OF PRINCIPAL BUSINESS OFFICE (NO. & STREET, CITY, STATE, ZIP 
      CODE):

                  5000 Westown Parkway, Suite 440
                  West Des Moines, Iowa 50266

C.    TELEPHONE NUMBER (INCLUDING AREA CODE):

                  (515) 221-0002

D.    NAME AND ADDRESS OF AGENT FOR SERVICE OF PROCESS:

                  Debra J. Richardson, Esq.
                  American Equity Investment Life Insurance Company
                  5000 Westown Parkway, Suite 440
                  West Des Moines, Iowa 50266

      COPY TO:

                  Stephen E. Roth, Esq.
                  Sutherland, Asbill & Brennan LLP
                  1275 Pennsylvania Avenue, N.W.
                  Washington, D.C. 20004-2415

E.    CHECK APPROPRIATE BOX:

      Registrant is filing a Registration Statement pursuant to Section 8(b) 
      of the Investment Company Act of 1940 concurrently with the filing of 
      Form N-8A:

                  Yes /X/        No / /

<PAGE>

                           FORM N-8A SIGNATURES


Pursuant to the requirements of the Investment Company Act of 1940, 
Registrant has caused this notification of registration to be duly signed on 
behalf of Registrant in the City of West Des Moines and the State of Iowa on 
the ___ day of __________________ 1998.

                                       American Equity Life Variable Account



                                       By: /s/ D.J. Noble
                                           ---------------------------------
                                           D.J. Noble
                                           Chairman and Director


Attest: /s/ Terry A. Reimer
        ----------------------------
        Terry A. Reimer
        Chief Financial Officer
        and Director






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