OREGON SUPPLEMENT DATED JANUARY 24, 1997
TO PROSPECTUS DATED DECEMBER 9, 1996 FOR
THE PRUCO LIFE VARIABLE APPRECIABLE ACCOUNT
VARIABLE UNIVERSAL LIFE
This supplement applies to Contracts issued in the state of Oregon.
The first bullet in the second box on page 3 is revised to read:
"less a charge of up to 7.5% of the premiums paid for administrative
expenses."
The ALLOCATION OF PREMIUMS section on page 11 is revised to read:
"On the Contract date, the charge for sales expenses and the premium based
administrative charge are deducted from the initial premium. The remainder
of the initial premium will be allocated on the Contract date among the
subaccounts and/or the fixed-rate option according to your desired
allocation as specified in the application form and the first monthly
deductions are made. To the extent that the receipt of the first premium
precedes the Contract date, there will be a period during which the
Contract owner's initial premium will not be invested. See CHARGES AND
EXPENSES, page 12.
The charge for sales expenses and the premium based administrative charge
also apply to all subsequent premium payments. The remainder will be placed
when received by Pruco Life in the subaccount[s] or the fixed-rate option,
in accordance with the allocation you previously designated. Provided the
Contract is not in default, you may change the way in which subsequent
premiums are allocated by giving written notice to a Pruco Life Home Office
or by telephoning that Home Office, unless you ask that transfers by
telephone not be made. There is no charge for reallocating future premiums.
All percentage allocations must be in whole numbers. For example, 33% can
be selected but 33 1/3% cannot. Of course, the total allocation to all
selected investment options must equal 100%."
Paragraph (a) under DEDUCTIONS FROM PREMIUM PAYMENTS on page 12 is revised to
read:
"An administrative charge of 3.75% is deducted from each premium payment.
This charge is intended to compensate us for paying taxes attributable to
premiums. Pruco Life reserves the right to increase this administrative
charge up to 7.5% of each premium payment."
VULOR-SUP Ed. 1-97 Catalog No. 64M9454
