NWNL SELECT VARIABLE ACCOUNT
497, 1996-08-06
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                        RELIASTAR LIFE INSURANCE COMPANY
              INDIVIDUAL DEFERRED VARIABLE/FIXED ANNUITY CONTRACTS
                                   OFFERED BY
                        RELIASTAR SELECT VARIABLE ACCOUNT

                  SUPPLEMENT TO PROSPECTUS DATED APRIL 30, 1996



The name of the insurance company issuer of the variable/fixed annuity contracts
offered by the Prospectus,  Northwestern  National Life Insurance  Company,  has
been changed to ReliaStar Life Insurance Company,  effective August 1, 1996. The
name of the Separate  Account has also been  changed  from NWNL Select  Variable
Account to ReliaStar  Select Variable  Account,  also effective  August 1, 1996.
ReliaStar Life Insurance  Company remains a direct,  wholly-owned  subsidiary of
ReliaStar Financial Corp.











                 The date of this supplement is August 1, 1996.



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