INDEPENDENCE VARIABLE LIFE SEPARATE ACCOUNT
485BPOS, 1997-07-25
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As filed with the Securities and Exchange Commission on July 25, 1997
                                         Registration No. 2-96605
                                                         811-4070

               SECURITIES AND EXCHANGE COMMISSION
                     Washington, D.C. 20549

                POST EFFECTIVE AMENDMENT NO. 12
                               to
                            FORM S-6
    REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933

          INDEPENDENCE VARIABLE LIFE SEPARATE ACCOUNT
(NAMED KEYPORT AMERICA VARIABLE LIFE SEPARATE ACCOUNT BEFORE 10/13/95)
                     (Exact Name of Trust)

             INDEPENDENCE LIFE AND ANNUITY COMPANY
 (NAMED KEYPORT AMERICA LIFE INSURANCE COMPANY BEFORE 10/13/95)
                      (Name of Depositor)

                125 High Street Boston, MA 02110
            (Address of Principal Executive Offices)
         Registrant's Telephone Number: (617) 526-1400

James J. Klopper, Vice President        Copy to:
and Counsel                             Joan E. Boros, Esq.
Independence Life and Annuity Company   Katten Muchin & Zavis
125  High Street                        1025 Thomas Jefferson Street, N.W.
Boston, MA 02110                        Washington, D.C. 20007
(Name and Address of
Agent for service)

It  is  proposed that this filing will become effective (check  appropriate
box):

  [X]  immediately upon filing pursuant to paragraph (b) of Rule 485
  [ ]  on (date) pursuant to paragraph (b) of Rule 485
  [ ]  60 days after filing pursuant to paragraph (a)(1) of Rule 485
  [ ]  on (date), pursuant to paragraph (a)(1) of Rule 485

Check box if it is proposed that the filing will become effective on (date)
at (time) pursuant to Rule 487   [ ]

Pursuant  to  Rule  24f-2  of  the Investment  Company  Act  of  1940,  the
Registrant  has  registered an indefinite amount of  securities  under  the
Securities Act of 1933.  The Registrant filed the 24f-2 Notice for the year
ended December 31, 1996 on February 28, 1997.


This  Amendment  No. 12 to the Registration Statement  on  Form  S-6  which
initially  became effective on July 15, 1985 (the "Registration Statement")
relates  only  to the represention included herein and does  not  otherwise
delete,  amend,  or  supersede any information contained in  Post-Effective
Amendment No. 11 to the Registration Statement.

Financial  Statements are not included in this Post-Effective Amendment  to
the   Registration  Statement.  Financial  statements   are   provided   to
policyholders each year pursuant to the requirements as set  forth  in  the
SEC  no-action  response to Great-West Life and Annuity  Co.  (pub.  avail.
October 23, 1990) upon which Registrant is relying.


                                  PART II

                        UNDERTAKING TO FILE REPORTS

     Subject to the terms and conditions of Section 15(d) of the Securities
Exchange Act of 1934, the undersigned registrant hereby undertakes to file
with the Securities and Exchange Commission such supplementary and periodic
information, documents, and reports as may be prescribed by any rule or
regulation of the Commission heretofore or hereafter duly adopted pursuant
to authority conferred in that section.


Representation

      Depositor  represents that the fees and charges  deducted  under  the
contract,  in  the aggregate, are reasonable in relation  to  the  services
rendered,  the expenses expected to be incurred, and the risks  assumed  by
the  Depositor.  Further, this representation applies to each form  of  the
contract  described in a prospectus and statement of additional information
included in this registration statement.


                              SIGNATURES


   Pursuant  to the requirements of the Securities Act of 1933, the  registrant,
Independence  America Variable Life Separate Account and Independence  Life  and
Annuity   Company,  certifies  that  it  meets  all  of  the  requirements   for
effectiveness  of this Amended Registration Statement pursuant  to  Rule  485(b)
under  the  Securities Act of 1933 and has duly caused this Amended Registration
Statement  to  be  signed  on  its  behalf by  the  undersigned  thereunto  duly
authorized, and its seal to be hereunto affixed and attested, all in the city of
Boston, Massachusetts, on the 25th day of July, 1997.

                         INDEPENDENCE VARIABLE LIFE SEPARATE ACCOUNT
         (Named Keyport America Variable Life Separate Account before 10/13/94)
                                       (Registrant)


                         By: INDEPENDENCE LIFE AND ANNUITY COMPANY
               (Named Keyport America Life Insurance Company before 10/13/94)
                                       (Depositor)


                         By: /s/John W. Rosensteel
                             John W. Rosensteel
                             President



*BY: /s/James J. Klopper           July 25, 1997
     James J. Klopper              Date
     Attorney-in-Fact

*    James  J.  Klopper has signed this document on the indicated  date  on
     behalf  of Mr. Rosensteel pursuant to power of attorney duly  executed
     by  him  and  included  as part of Exhibit 1.A.(7)  in  Post-Effective
     Amendment No. 11 to the Registration Statement on Form S-6 filed on or
     about April 28, 1995 (File Nos. 2-96605; 811-4070).


   Pursuant  to  the  requirements of the Securities Act of 1933,  this  Amended
Registration  Statement has been signed below by the following  persons  in  the
capacities and on the dates indicated.



John W. Rosensteel*                       John W. Rosensteel*
John W. Rosensteel                        John W. Rosensteel
Chairman of the Board                     President & Principal
                                          Executive Officer


Paul H. LeFevre, Jr.*                     Paul H. LeFevre, Jr.*
Paul H. LeFevre, Jr.                      Paul H. LeFevre, Jr.
Director                                  Senior Vice President &
                                          Principal Financial Officer


John E. Arant, III*
John E. Arant, III
Director




*By: /s/James J. Klopper           July 25, 1997
     James J. Klopper               Date
     Attorney-in-Fact



*    James  J.  Klopper has signed this document on the indicated  date  on
     behalf  of  each of the above Directors and Officers of the  Depositor
     pursuant  to  powers  of attorney duly executed by  such  persons  and
     included as Exhibit 1.A.(7) in Post-Effective Amendment No. 11 to  the
     Registration  Statement on Form S-6 filed on or about April  28,  1995
     (File Nos. 2-96605; 811-4070).




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