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SUPPLEMENT TO PROSPECTUS FOR NASL VARIABLE LIFE ACCOUNT DATED MAY 1, 1997
NAME CHANGES
Effective October 1, 1997, the name of North American Security Life
Insurance Company ("NASL") and the names of certain companies and mutual funds
affiliated with NASL were changed. These names were changed to more clearly
indicate that these companies are affiliated with The Manufacturers Life
Insurance Company ("Manulife") and do not reflect any change in control of the
entity.
<TABLE>
<CAPTION>
Prior Name New Name
- ---------- --------
<S> <C>
North American Security Life The Manufacturers Life Insurance Company
Insurance Company of North America
NASL Series Trust Manufacturers Investment Trust
NASL Financial Services, Inc.* Manufacturers Securities Services, LLC*
NASL Variable Life Account The Manufacturers Life Insurance Company of
North America Separate Account B
</TABLE>
*On September 30, 1997, NASL Financial Services, Inc., a Massachusetts
corporation, was reconstituted as a Delaware limited liability company. The
change was in connection with a Manulife internal restructuring and
Manufacturers Securities Services, LLC has substantially the same management as
was in place for NASL Financial Services, Inc. and continues to be controlled
by Manulife.
WITHDRAWALS
All requests to withdraw all or a portion of the contract value must be in
writing. Telephone withdrawals are not permitted.
CONFIRMATION STATEMENTS
Contract owners will be sent confirmation statements for certain transactions
in their account. Contract owners should carefully review these statements to
verify their accuracy. Any mistakes should immediately be reported to the
Service Office. If the contract owner fails to notify the Service Office of any
mistake within 60 days of the mailing of the confirmation statement, the
contract owner will be deemed to have ratified the transaction.
SUPPLEMENT DATED OCTOBER 1, 1997
VL.SUPP1097
