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Supplement Dated May 1, 1997 to Prospectus Dated May 1, 1997
CHUBB SEPARATE ACCOUNT A
OF
CHUBB LIFE INSURANCE COMPANY OF AMERICA
The information contained on page 9 of the Prospectus relating to ownership of
Chubb Life Insurance Company of America is amended as follows:
The Chubb Corporation ("Chubb") has entered into an agreement to sell one of its
wholly-owned subsidiaries, Chubb Life Insurance Company of America ("Chubb
Life") to Jefferson-Pilot Corporation ("Jefferson-Pilot"). Jefferson-Pilot is a
shareholder-owned life insurance holding company which owns, among other
companies, Jefferson-Pilot Life and Alexander Hamilton Life. The sale, which is
subject to certain regulatory approvals, is not yet completed but is
anticipated to be completed no later than May 30, 1997 and will be effective as
of April 30, 1997. Ownership of Chubb Life remains with Chubb until that time.
Standard & Poor's Corporation's ratings of Chubb Life, which are expected to be
upgraded to AA (Excellent) at the time the sale to Jefferson-Pilot is
completed, will remain AA- (Excellent) until that time.