SEPARATE ACCOUNT FP OF EQUITABLE VARIABLE LIFE INSURANCE CO
497, 1996-08-29
Previous: SEPARATE ACCOUNT FP OF EQUITABLE VARIABLE LIFE INSURANCE CO, 497, 1996-08-29
Next: SEPARATE ACCOUNT FP OF EQUITABLE VARIABLE LIFE INSURANCE CO, 497, 1996-08-29





                    EQUITABLE VARIABLE LIFE INSURANCE COMPANY

                        SUPPLEMENT DATED AUGUST 28, 1996

                                       TO

                             IL PROTECTOR PROSPECTUS

                               DATED JULY 25, 1996


This  supplement  updates certain  information in the Prospectus  dated July 25,
1996 (the  "Prospectus")  for IL  Protector,  a 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 528




© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission