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Rule 497(e)
File No. 33-58502
AMERICAN INTERNATIONAL LIFE
ASSURANCE COMPANY OF NEW YORK
VARIABLE ACCOUNT A
Supplement dated August 9, 1996 to Prospectus dated May 1, 1996
This Supplement provides information regarding the Technology and Quasar
Portfolios of the Alliance Variable Products Series Fund, Inc. (the Alliance
Fund ), which are now available to
contract holders. Additional information regarding the Technology and Quasar
Portfolios may be found in the prospectus for the Alliance Fund dated July 22,
1996 which sets forth disclosure regarding those Portfolios. The Alliance
Fund prospectus is enclosed with this Prospectus.
This Supplement amends the contents of the Prospectus, under the headings
indicated, as follows:
SUMMARY OF EXPENSES
Total Portfolio Annual Expenses after reimbursement, for each of the
Technology and Quasar Portfolios, are 0.95% and Examples for these Portfolios
are included under the column headed All Others. In the absence of this
reimbursement, it is estimated that the annual expenses for each of the
Technology and Quasar Portfolios would have been 2.55% (1.00% Management Fees
and 1.55% Other Expenses).
ALLIANCE VARIABLE PRODUCTS SERIES FUND, INC.
Technology Portfolio
This Portfolio seeks growth of capital through investment in companies
expected to benefit from advances in technology. The Technology Portfolio
invests principally in a diversified portfolio of securities of companies
which use technology extensively in the development of new or improved
products or processes.
Quasar Portfolio
This Portfolio seeks growth of capital by pursuing aggressive investment
policies. The Portfolio invests principally in a diversified portfolio of
equity securities of any company and industry and in any type of security
which is believed to offer possibilities for capital appreciation.
THIS SUPPLEMENT SHOULD BE READ IN CONJUNCTION WITH THE PROSPECTUS FOR VARIABLE
ACCOUNT A DATED MAY 1, 1996 AND THE ALLIANCE FUND PROSPECTUS DATED JULY 22,
1996.
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Rule 497(e)
File No. 33-58502
AMERICAN INTERNATIONAL LIFE
ASSURANCE COMPANY OF NEW YORK
VARIABLE ACCOUNT A
Supplement dated August 9, 1996 to Prospectus dated May 1, 1996
This Supplement provides information regarding the Quasar Portfolio of the
Alliance Variable Products Series Fund, Inc. (the Fund ), which is now
available to contract holders. Additional information regarding the Quasar
Portfolio may be found in the prospectus for the Fund dated July 22, 1996
which sets forth disclosure regarding the Quasar Portfolio. The Fund
prospectus is enclosed with this Prospectus.
This Supplement amends the contents of the Prospectus, under the headings
indicated, as follows:
SUMMARY OF EXPENSES
Total Quasar Portfolio Annual Expenses after reimbursement are 0.95% and an
Example for this Portfolio is included under the column headed All Others.
In the absence of this reimbursement, it is estimated that the annual expenses
would have been 2.55% (1.00% Management Fees and 1.55% Other Expenses).
ALLIANCE VARIABLE PRODUCTS SERIES FUND, INC.
Quasar Portfolio
This Portfolio seeks growth of capital by pursuing aggressive investment
policies. The Portfolio invests principally in a diversified portfolio of
equity securities of any company and industry and in any type of security
which is believed to offer possibilities for capital appreciation.
THIS SUPPLEMENT SHOULD BE READ IN CONJUNCTION WITH THE PROSPECTUS FOR VARIABLE
ACCOUNT A DATED MAY 1, 1996 AND THE FUND PROSPECTUS DATED JULY 22, 1996.
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