A MESSAGE FROM THE PRESIDENT
August 28, 1996
[GRAPHIC OMITTED: PHOTO OF JAMES M. BENSON]
DEAR POLICY OWNER:
I am pleased to inform you that the Boards of Directors of The Equitable Life
Assurance Society of the United States ("Equitable Life") and Equitable Life's
wholly-owned subsidiary, Equitable Variable Life Insurance Company ("EVLICO"),
have approved the merger of EVLICO into Equitable Life. Subject to receipt of
regulatory and other approvals, the merger will be effective on January 1, 1997.
We decided to merge the two companies in keeping with our ongoing effort to
achieve cost savings and increase operating efficiency. Equitable Life, founded
137 years ago, is one of the larges life insurance companies in the United
States.
The merger will not change your policy values, premiums or the terms and
conditions of your policy in any way. All of EVLICO's obligations will be
assumed by Equitable Life. If any of your policy account values are allocated to
our separate account investment funds, your investments in these funds will
continue after the merger without interruption. You will also receive the same
statements that you now receive.
You will be notified when the merger has become effective. No action is required
on your part.
On behalf of all of us here at Equitable, I'd like to take this opportunity to
say that your business is greatly appreciated. We hope to have the pleasure of
continuing to assist you in meeting your financial services needs in the years
ahead.
Sincerely yours,
/s/ James M. Benson
James M. Benson
THIS LETTER CONSTITUTES A SUPPLEMENT TO THE MOST RECENT PROSPECTUS YOU RECEIVED
FOR YOUR VARIABLE LIFE INSURANCE POLICY ISSUED BY EQUITABLE VARIABLE LIFE
INSURANCE COMPANY. YOU SHOULD RETAIN A COPY OF THIS SUPPLEMENT WITH YOUR
PROSPECTUS FOR FUTURE REFERENCE.
GE-96-318a
<PAGE>
EQUITABLE VARIABLE LIFE INSURANCE COMPANY
SUPPLEMENT DATED AUGUST 28, 1996
TO
SURVIVORSHIP 2000 PROSPECTUS
DATED MAY 1, 1995
This supplement updates certain information in the Prospectus dated May 1, 1995
(the "Prospectus") as supplemented on May 1, 1996, for Survivorship 2000, a
joint survivorship flexible premium variable life insurance policy issued by
Equitable Variable. Capitalized terms used in this supplement have the same
meanings as in the Prospectus. You should keep this supplement with your
Prospectus.
On August 14, 1996, the Boards of Directors of The Equitable Life Assurance
Society of the United States ("Equitable") and its wholly-owned subsidiary,
Equitable Variable, approved an Agreement and Plan of Merger under which
Equitable Variable will be merged into Equitable. Subject to receipt of
regulatory and other approvals, the merger will be effective on January 1, 1997.
No action is required from policyowners in order to complete the merger.
Equitable has decided to merge the two companies in keeping with its ongoing
effort to achieve cost savings and increase operating efficiency.
On the date of the merger, all of Equitable Variable's obligations will be
assumed by Equitable. The merger will not change any policy values, premiums or
other terms and conditions of a policy in any way. Policy Account values
allocated to the Separate Account Funds will continue after the merger without
interruption.
VM 530