PHOENIX HOME LIFE
VARIABLE ACCUMULATION ACCOUNT
THE BIG EDGE CHOICE(R) FOR NEW YORK
SUPPLEMENT DATED FEBRUARY 1, 2000
TO PROSPECTUSES DATED MAY 1, 1999
AS SUPPLEMENTED JULY 15, OCTOBER 29 AND DECEMBER 20, 1999
We now offer an "annual step-up" method for the calculation of the Death Benefit
for individual contracts issued in the state of New York on or after May 1,
1997. In the section of the prospectus titled "NEW YORK INDIVIDUAL CONTRACTS
ISSUED ON OR AFTER MAY 1, 1997" the subsection "PAYMENT UPON DEATH BEFORE
MATURITY DATE" the heading "PAYMENT AMOUNT" is hereby replaced as follows:
[diamond] PAYMENT AMOUNT
[bullet] UPON THE DEATH OF THE ANNUITANT OR OWNER/ANNUITANT WHO HAS
NOT YET REACHED AGE 85
1. Death occurring in the first Contract Year--the greater
of:
a. 100% of payments, less any withdrawals; or
b. the Contract Value as of the claim date.
2. Death occurring in any subsequent Contract Year--the
greater of:
a. the death benefit that would have been payable at the
end of the previous Contract Year, plus any payments,
less any withdrawals made since that date; or
b. the Contract Value as of the claim date.
[bullet] AFTER THE ANNUITANT'S 85TH BIRTHDAY
The death benefit (less any deferred premium tax) equals the
Contract Value (no surrender charge is imposed) on the Claim
Date.
[bullet] DEATH OF AN OWNER WHO IS NOT THE ANNUITANT
Upon the death of an Owner who is not the Annuitant, provided
that there is no surviving joint Owner, the death proceeds
will be paid to the Owner's beneficiary. The death benefit is
the greater of:
1. 100% of payments, less any withdrawals; or
2. the Contract Value as of the claim date.
Big Edge Choice - New York
