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UNIVERSAL ANNUITY PROSPECTUS
THE TRAVELERS INSURANCE COMPANY SUPPLEMENT
May 1, 1999
This page supplements the May 1, 1999 prospectus for the Universal Annuity
issued by The Travelers Insurance Company.
1. The "Underlying Funding Options" section of the "Fee Table" on pages 6-7
is revised as follows for the Emerging Opportunities Fund and the Global
High-Yield Bond Fund of American Odyssey Funds, Inc.:
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TOTAL
MANAGEMENT FEE OTHER EXPENSES ANNUAL OPERATING EXPENSES
(AFTER EXPENSE (AFTER EXPENSE (AFTER EXPENSE
REIMBURSEMENT) REIMBURSEMENT) REIMBURSEMENTS)
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<S> <C> <C> <C>
American Odyssey Funds, Inc.
Emerging Opportunities Fund..................... 0.77% 0.14% 0.91%(3)
Global High-Yield Bond Fund..................... 0.68% 0.16% 0.84%(4)
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American Odyssey Funds, Inc.**
Emerging Opportunities Fund...................... 0.77% 1.39% 2.16%(3)
Global High Yield Bond Fund...................... 0.68% 1.41% 2.09%(4)
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** Includes 1.25% CHART asset allocation fee.
(3) Management Fees for the American Odyssey Emerging Opportunities
Fund reflect the period 05/01/98 to 12/31/98. On May 1, 1998, the
Fund adopted its current fee structure.
(4) Fees and expenses for the American Odyssey Global High-Yield Bond
Fund reflect the period 05/01/98 to 12/31/98. On May 1, 1998, the
Fund adopted its current fee structure and investment objective
and strategy.
2. The Example table on page 8 is revised as follows for the Emerging
Opportunities Fund and the Global High-Yield Bond Fund for American
Odyssey Funds, Inc.:
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<CAPTION>
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IF CONTRACT IS SURRENDERED AT THE IF CONTRACT IS NOT SURRENDERED OR
END OF PERIOD SHOWN ANNUITIZED AT END OF PERIOD SHOWN:
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INVESTMENT ALTERNATIVE 1 YEAR 3 YEARS 5 YEARS 10 YEARS 1 YEAR 3 YEARS 5 YEARS 10 YEARS
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<S> <C> <C> <C> <C> <C> <C> <C> <C>
American Odyssey Funds, Inc.(1)
Emerging Opportunities Fund........... $74 $123 $175 $267 $24 $73 $125 $267
Global High-Yield Bond Fund........... 73 121 171 260 23 71 121 260
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American Odyssey Funds, Inc.(2)
Emerging Opportunities Fund............ 86 160 236 385 36 110 186 385
Global High Yield Bond Fund............ 85 158 232 378 35 108 182 378
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</TABLE>
(1) Reflects expenses that would be incurred for those contract owners
who DO NOT participate in the CHART Asset Allocation program.
(2) Reflects expenses that would be incurred for those contract owners
who DO participate in the CHART Asset Allocation program.
