PRESIDENTIAL VARIABLE ANNUITY ACCOUNT ONE
497J, 2000-05-01
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VIA EDGAR
- ---------



May 1, 2000



Division of Investment Management
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C.  20549


Re:      Presidential Variable Account One
         (Relating to the ICAP Variable Annuity)
         Presidential Life Insurance Company
         File Nos. 33-19293 and 811-5474


Ladies and Gentlemen:

     Pursuant to Rule 497(j), please be advised that the form of prospectus and
statement of additional information dated May 1, 2000 for Presidential Variable
Account One (the "Separate Account") contains no changes from the form of
prospectus and statement of additional information for the Separate Account
submitted in Post-Effective Amendment No. 13 under the Securities Act of 1933
and Amendment No. 14 under the Investment Company Act of 1940 to the Separate
Account's registration statement on Form N-4 filed with the Securities and
Exchange Commission on April 25, 2000 via EDGAR.

     Should you have any further questions regarding this filing, please do not
hesitate to contact me at (310) 772-6307.


Very truly yours,


/s/ LUCIA B. WILLIAMS

Lucia B. Williams
Product Paralegal


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