SEPARATE ACCOUNT VA-2 (OVERTURE ACCENT!)
AMERITAS VARIABLE LIFE INSURANCE COMPANY
SUPPLEMENT TO PROSPECTUS DATED NOVEMBER 1, 1999
In the OVERTURE ACCENT! prospectus, profile page iii, the following text
replaces items 7 and 8 on that page:
7. ACCESS TO YOUR MONEY
You can take money out anytime during the accumulation phase. Each
Policy Year you can take the greater of up to 10% of the Accumulation Value or
any accumulated earnings without a charge. Withdrawals more than that may be
charged up to 8% of each withdrawal. After AVLIC has had a payment for 9 years,
there is no charge for withdrawal of that payment. Of course, you may have to
pay income tax and a tax penalty on any money you take out. Each payment you add
to your Policy has its own 9 year charge period.
8. PERFORMANCE
The value of the Policy will vary up or down depending upon the
investment performance of the Subaccounts you choose. The Policy has been
offered since June 1, 1998. The following chart shows historical total returns
for each Subaccount for the periods shown, as if the Policy had been in force
since the Portfolio was added to Separate Account VA-2. Fidelity Service Class
performance is based upon Initial Class performance. Results reflect Initial
Class Expenses for periods prior to November 3, 1997, and Service Class Expenses
(including 12b-1 Expense) for periods after November 2, 1997. These numbers
reflect the insurance charges, the Policy maintenance charge, the investment
charges and all other expenses of the Subaccount. These numbers do not reflect
the Contingent Deferred Sales Charge. This charge, if reflected, would have the
effect of reducing performance. The chart is based upon an assumed average
contract size of $60,000. Past performance is not a guarantee of future results.
Supplement dated March 8, 2000.
