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NEW ENGLAND LIFE INSURANCE COMPANY
NEW ENGLAND VARIABLE LIFE SEPARATE ACCOUNT
Supplement dated November 10, 2000
to
Prospectuses dated May 1, 2000
This supplement describes certain changes to your variable life insurance
policy (the "Policy") issued by New England Life Insurance Company (the
"Company").
Subaccount Closing
On December 1, 2000, the Morgan Stanley International Magnum Equity Series
will close. No premium payments or account value may be allocated to this
subaccount on or after that date.
Substitution
On December 1, 2000, the Company will substitute shares of the Putnam
International Stock Portfolio (the "New Portfolio") of the Metropolitan Series
Fund, Inc. for shares of the Morgan Stanley International Magnum Equity Series
(the "Old Portfolio") of the New England Zenith Fund held by subaccounts of
New England Variable Life Separate Account. The effect of the share
substitution will be to replace the Old Portfolio with the New Portfolio as an
investment option under the Policy, without charge to Policy owners.
The New Portfolio--Overview
Investment Objective. The New Portfolio seeks long-term growth of capital.
There is no assurance that the New Portfolio will achieve its stated
objective.
Annual Series Operating Expenses. The following annual expense information (as
a percentage of average net assets after expense cap or expense deferral) for
the New Portfolio for the year ended December 31, 1999 should be added to the
Annual Series Operating Expenses table included in your product prospectus.
<TABLE>
<CAPTION>
Putnam
International
Stock Portfolio
---------------
<S> <C>
Management Fees................................................. 0.90%
Other Expenses.................................................. 0.22%
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Total Annual Expenses.......................................... 1.12%
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</TABLE>
The Substitution
This supplement is being sent to inform you that the substitution will be
carried out, and that from March 17, 2000 until 30 days following the date the
substitution is carried out, you may make one transfer of cash value from the
subaccount corresponding to the Old Portfolio (before the substitution) or the
subaccount corresponding to the New Portfolio (after the substitution) to any
other subaccount without charge and without that transfer counting toward the
number of transfers permitted without charge under the Policy. Also, the
Company will not exercise any rights reserved under the Policy to impose
restrictions on transfers for a period of at least 30 days following the
substitution.
Additional information about the New Portfolio, including its investment
policies, risks, fees and expenses and all other aspects of its operations,
can be found in the current prospectus for the New Portfolio, which was
previously provided to you in your May 1, 2000 prospectus booklet. This
prospectus should be read carefully before investing. To request an additional
copy of the prospectus for the New Portfolio, please call 1-800-388-4000.
This supplement should be retained with your product prospectus for future
reference.
VL-153-00
