PRESIDENTIAL LIFE INSURANCE COMPANY
PRESIDENTIAL VARIABLE ACCOUNT ONE
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SUPPLEMENT TO PRESIDENTIAL ICAPII
PROSPECTUS DATED APRIL 28, 1995
Effective February 29, 1996, the Convertible Securities Portfolio was renamed
the Growth and Income Portfolio.
Delete the fifth paragraph in the section entitled "Equity Portfolios" on
page 10 and replace
with the following:
Growth and Income Portfolio seeks high current income and long-term capital
appreciation. This Portfolio will invest primarily in securities that
provide the potential for growth and offer income, such as dividend-paying
stocks and securities convertible into common stock. This Portfolio may also
engage in transactions involving stock index futures and options thereon as
a hedge against changes in market conditions.
Date: March 6, 1996
Please keep this Supplement with your Prospectus