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AMERICAN GENERAL LIFE INSURANCE COMPANY
SEPARATE ACCOUNT A
INDIVIDUAL VARIABLE RETIREMENT ANNUITY
CONTRACT
SUPPLEMENT DATED NOVEMBER 8, 2000
TO
PROSPECTUS AND STATEMENT OF ADDITIONAL INFORMATION
DATED APRIL 7, 2000
Effective November 1, 2000 American General Life Insurance Company is
amending the prospectus and its related statement of additional information for
the sole purpose of reflecting a change in the principal underwriter of the
Contracts.
On page 28 of the prospectus, the first paragraph of the section titled
"SALES AND ADMINISTRATIVE EXPENSES" is deleted in its entirety and replaced
with the following:
SALES AND ADMINISTRATIVE EXPENSES
American General Distributors, Inc. ("AGDI") acts as principal underwriter with
respect to the Contracts. AGDI is an affiliate of AGL. AGL performs all
administrative functions and pays all administrative expenses with respect to
the Contracts. These expenses include but are not limited to salaries, rents,
postage, telephone, travel, legal, actuarial and accounting fees, office
equipment and stationery. For these services, AGL makes a deduction from
purchase payments based on the aggregate amount of all purchase payments made to
date under the Contracts as shown in the following schedules. These deductions
are made pursuant to the Contracts and are not subject to change. Schedule A,
below, shows the deduction amounts used with Qualified Plans which were formerly
referred to as H.R. 10 plans. Schedule B, below, shows the deduction amounts
used when the Contract is sold for other tax-favored arrangements. Charges for
administrative expenses are not expected to exceed administrative costs.
On page 29 of the prospectus, the fourth paragraph following SCHEDULE B is
deleted in its entirety and replaced with the following:
The Contracts may be sold without charges for sales and administrative
expenses to officers and full-time employees of Separate Account A; to any
trust, pension, profit-sharing or other benefit plan for these people; and
to certain employees and sales representatives of AGL. To be eligible AGL
employees and sales representatives must spend one-half of their working
time:
On page 42 of the prospectus, the section titled "DISTRIBUTION
ARRANGEMENTS" is deleted in its entirety and replaced with the following:
DISTRIBUTION ARRANGEMENTS
AGL offers the Contracts on a continuous basis. Sales of the Contracts are
conducted by American General Securities Incorporated ("AGSI"), a broker-dealer
that is a wholly-owned subsidiary of AGL.
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AGDI is the principal underwriter and distributor of the Contracts. Before
November 1, 2000 AGSI served in this role. For a period of time you may
receive written information from us that identifies AGSI as the distributor of
the Contracts.
AGDI is an affiliate of AGL. AGL, in turn, is an indirect, wholly-owned
subsidiary of American General Corporation, a diversified financial services
holding company engaged primarily in the insurance business. American General
Financial Group is the marketing name for American General Corporation and its
subsidiaries. AGDI's principal office is 2929 Allen Parkway, Houston, Texas
77019-2191. AGDI was organized as a Delaware corporation on June 24, 1994 and
is a registered broker-dealer under the Securities Exchange Act of 1934, as
amended ("1934 Act") and is a member of the National Association of Securities
Dealers, Inc. ("NASD"). AGDI is also the principal underwriter for AGL's
Separate Accounts A and VL-R, as well as the underwriter for various separate
accounts of other AGL affiliates. These separate accounts are registered
investment companies. AGDI, as the principal underwriter, is not paid any fees
on the Contracts.
On page 4 of the statement of additional information, the section titled
"PRINCIPAL UNDERWRITER" is deleted in its entirety and replaced with the
following:
PRINCIPAL UNDERWRITER
American General Distributors, Inc. ("AGDI") is the principal underwriter and
distributor of the Contracts. Before November 1, 2000 American General
Securities Incorporated ("AGSI") served in this role. AGSI is our subsidiary
broker-dealer.
AGDI is an affiliate of AGL. In the states of Florida and Illinois, AGDI is
known as American General Financial Distributors of Florida, Inc. and American
General Financial Distributors of Illinois, Inc., respectively. AGDI's
principal office is at 2929 Allen Parkway, Houston, Texas 77019-2191. AGDI was
organized as a Delaware corporation on June 24, 1994 and is a registered broker-
dealer under the Securities Exchange Act of 1934, as amended and a member of the
National Association of Securities Dealers, Inc. ("NASD"). AGDI is also the
principal underwriter for AGL's Separate Accounts D and VL-R, as well as the
underwriter for various separate accounts of other AGL affiliates. These
separate accounts are registered investment companies.
AGDI, as the principal underwriter and distributor, is not paid any fees on the
Contracts. As principal underwriter and distributor of the Contracts, AGSI did
not receive any compensation from AGL for any of the past three years. No other
affiliate of AGL receives any profit or benefit in connection with the purchase
or sale of shares of the underlying mutual fund by Separate Account A.
AGL offers the securities under the Contracts on a continuous basis.
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