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ANCHOR NATIONAL LIFE INSURANCE COMPANY
VARIABLE ANNUITY ACCOUNT SEVEN
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SUPPLEMENT TO THE POLARIS PLUS PROSPECTUS
DATED JANUARY 29, 1999
The sentence below follows the second full paragraph of the left-hand column
on page 16:
We reserve the right to modify, suspend or terminate the
Income Protector program at any time.
The chart in the left-hand column on page 17 has been replaced with the
following:
Alternative Growth Rate*
----------- ------------
The Income Protector Plus 3.25%
The Income Protector Max 5.25%
* If you elect the Plus or Max feature on a subsequent anniversary, the
Growth Rates may be different.
The first sentence under the section titled HYPOTHETICAL EXAMPLE OF THE
OPERATION OF THE INCOME PROTECTOR on page 18 has been replaced with
the following sentence:
This table assumes a $100,000 initial investment in a
qualified contract with no further premiums, no
withdrawals, no STEP-UPS, no premium taxes, current
growth rates and the election of optional Income
Protector benefits at contract issue.
Date: February 12, 1999
Please keep this Supplement with your Prospectus
