NORTH AMERICAN SECURITY LIFE INSURANCE CO
497, 1997-10-01
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<PAGE>   1



     SUPPLEMENT TO PROSPECTUS NORTH AMERICAN SECURITY LIFE INSURANCE COMPANY
                DEFERRED FIXED ANNUITY CONTRACT NON-PARTICIPATING
                             DATED FEBRUARY 3, 1997

                                  NAME CHANGES

     Effective October 1, 1997, the name of North American Security Life
Insurance Company ("NASL") and the names of certain companies and mutual funds
affiliated with NASL were changed. These names were changed to more clearly
indicate that these companies are affiliated with The Manufacturers Life
Insurance Company ("Manulife") and do not reflect any change in control of the
entity.

<TABLE>
<CAPTION>

Prior Name                                                    New Name
- ----------                                                    --------

<S>                                                           <C>
North American Security Life                                  The Manufacturers Life Insurance Company
Insurance Company                                             of North America

NASL Financial Services, Inc.*                                Manufacturers Securities Services, LLC*

NASL Fixed Account                                            The Manufacturers Life Insurance Company of
                                                              North America Separate Account D
</TABLE>


*On September 30, 1997, NASL Financial Services, Inc., a Massachusetts
corporation, was reconstituted as a Delaware limited liability company. The
change was in connection with a Manulife internal restructuring and
Manufacturers Securities Services, LLC has substantially the same management as
was in place for NASL Financial Services, Inc. and continues to be controlled 
by Manulife.


                        SUPPLEMENT DATED OCTOBER 1, 1997


MVA.SUPP1097


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