By supplement to prospectus (sticker) dated July 1, 1996, Ameritas Variable Life
Insurance Company (AVLIC) amends its prospectus at pages 1, and elsewhere to
disclose that American Mutual Life Insurance Company has changed its name and
organization as of July 1, 1996 as reflected in the prospectus, to Amerus Life
Insurance Company, an Iowa stock company.
AVLIC further discloses, under the heading "The Executive Officers and Directors
of AVLIC" additional titles as follows: DT Doan: Vice Chairman, American Mutual
Holding Company; Thomas C. Godlasky: Executive Vice President and Chief
Investment Officer, American Mutual Holding Company; Joseph K. Haggerty: Senior
Vice President and General Counsel, American Mutual Holding Company; Michael E.
Sproule: Executive Vice President and Chief Financial Officer, American Mutual
Holding Company.
