ANCHOR NATIONAL LIFE INSURANCE COMPANY
VARIABLE SEPARATE ACCOUNT
_____________________________________________________________________________
SUPPLEMENT TO POLARIS PROSPECTUS DATED FEBRUARY 28, 1995
Delete the first sentence of the first paragraph in the section entitled
"Market Value Adjustment" on page 20 and replace with the following:
Other than as described below, if Contract Value is withdrawn, transferred
or, prior to the Annuity Date, annuitized from the Fixed Account under one of
the Fixed Account options described above prior to the expiration of the
Guarantee Period (other than withdrawals for the purpose of paying the death
benefit upon the death of the Participant, withdrawals from the one year
Fixed Account option under the Automatic Dollar Cost Averaging Program or
Asset Allocation Rebalancing Program, or withdrawals made to pay Contract
fees or charges), the amounts this withdrawn, transferred or annuitized are
subject to a Market Value Adjustment ("MVA").
Delete the first sentence of the fourth paragraph in the section entitled
"Market Value Adjustment" on page 20 and replace with the following:
The Company will waive any negative MVA under any Contract for amounts
allocated to the one year Fixed Account option.
Date: December 18, 1995
Please keep this Supplement with your Prospectus
