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THE EQUITABLE LIFE ASSURANCE SOCIETY
OF THE UNITED STATES
PROSPECTUS SUPPLEMENT DATED NOVEMBER
Incentive LifeSM 28, 2000 TO PROSPECTUS DATED MAY 1, 2000
Survivorship Incentive LifeSM
Flexible premium variable life (FOR POLICIES DISTRIBUTED IN NEW YORK
insurance policies BY EQUITABLE DISTRIBUTORS, INC.)
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THIS SUPPLEMENT IS APPLICABLE TO
NEW YORK POLICIES ONLY.
This supplement modifies certain information contained in the Prospectus you
received for your Equitable variable life insurance policy listed above. You
should keep this supplement with your prospectus. We will send you another
copy of the prospectus, without charge, on written request.
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The following replaces the information about our address and phone numbers in
your prospectus under "How to reach us":
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HOW TO REACH US
To obtain (1) any forms you need for communicating with us, (2) unit values
and other values under your policy, and (3) any other information or materials
that we provide in connection with your policy or the Portfolios, you can
contact us
BY MAIL:
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at the Post Office Box for our Administrative Office:
Equitable Life - EDI Service Center
P.O. Box 1047
Charlotte, NC 28201-1047
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BY EXPRESS DELIVERY ONLY:
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at the Street Address for our Administrative Office:
Equitable Life - EDI Service Center
10840 Ballantyne Commons Parkway
Charlotte, NC 28277
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BY TOLL-FREE PHONE:
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1-888-228-6690
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BY E-MAIL:
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[email protected]
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BY FAX:
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1-704-540-2199
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BY INTERNET:
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Our Web site (www.equitable.com) can also provide you
information. You can also access your policy information
through our Web site by enrolling in EQAccess.
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The rest of the information under "How to reach us"
remains unchanged.
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The following replaces the phone numbers in your prospectus under
"Transferring your money among our investment options-Telephone transfers" and
"More information about other matters-Telephone requests":
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TELEPHONE TRANSFERS
The phone number that is available if you are both the policy's insured person
and its owner is 1-888-228-6690 (toll free) from a touch tone phone.
All the other information in these sections of the prospectus remains
unchanged.
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The following replaces the information in your prospectus under "More
information about other matters-How we market the policies":
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HOW WE MARKET THE POLICIES
We offer variable life insurance policies (including Incentive Life) and
variable annuity contracts through Equitable Distributors, Inc. ("EDI"). The
Investment Company Act of 1940, therefore, classifies EDI as a "principal
underwriter" of those policies and contracts. EDI also serves as a principal
underwriter of EQ Advisors Trust. EDI is a wholly-owned subsidiary of
Equitable Life, with its address at 1290 Avenue of the Americas, New York, NY
10104. EDI is registered with the SEC as a broker-dealer and is a member of
the National Association of Securities Dealers, Inc. ("NASD"). In 1998 and
1999, we paid EDI fees of $35,582,313 and $46,957,345, respectively, for its
services under a Distribution Agreement with Equitable Life and its separate
accounts.
We sell these variable life products through licensed insurance agencies (both
affiliated and unaffiliated with Equitable Life) and their affiliated
broker-dealers (who are registered with the SEC and are members of the NASD).
Such agencies and their affiliated broker-dealers have entered into selling
agreements with EDI. The licensed
ProsSupp 7ANY(11/00) 73165
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insurance agents who sell our policies are appointed as agents of Equitable
Life, and are registered representatives of the agencies' affiliated
broker-dealer. Sales commissions will be paid by Equitable Life to the agency
which sells you this policy. The commissions don't cost you anything above the
charges and expenses already discussed elsewhere in this prospectus.
Generally, the agencies will receive maximum commissions of: 50% of the amount
of the premium you pay in your policy's first year up to a certain amount,
plus 3% of all other premiums you pay in your policy's first year, plus 3% of
all premiums you pay in the second through tenth years. We pay comparable
commissions on the amount of premiums you pay that we deem attributable to any
face amount increase that you request. The agency may be required to return to
us any commissions on premiums that we have refunded to a policyowner.
