INDIVIDUAL SINGLE PREMIUM
DEFERRED VARIABLE LIFE INSURANCE POLICY
ISSUED BY
Independence Variable Life Separate Account
(formerly named Keyport America Variable Life Separate Account)
OF
INDEPENDENCE LIFE AND ANNUITY COMPANY
(formerly named Keyport America Life Insurance Company)
SUPPLEMENT DATED JUNE 1, 1999
TO
PROSPECTUS DATED MAY 1, 1995
- -----------------------------------------------------------------
This supplement contains information about the Colonial U.S.
Stock Sub-Account.
Effective June 1, 1999, Colonial U.S. Stock Fund, Variable Series
changed its name to Colonial U.S. Growth and Income Fund,
Variable Series.
Effective June 1, 1999, the Fund's investment objective changed
to long-term growth and income.
- -----------------------------------------------------------------
Client Service Hotline
800-367-3653 (press 2)
Distributed by:
Keyport Financial Services Corp.
125 High Street
Boston, Massachusetts 02110
INDVLI.SUP 6/99