Fortis Benefits Insurance Company
PROSPECTUS SUPPLEMENT DATED JULY 24, 2000
To
THE TD WATERHOUSE VARIABLE ANNUITY
PROSPECTUS DATED MAY 1, 2000
The Prospectus is amended to provide that the annual
$30 administrative charge is waived if the Contract
value as of the contract anniversary date or date of
surrender is $50,000 or more.
Accordingly, the following sections of the Prospectus
are revised as follows:
The Fee Table on page 1 of the Prospectuses is revised
as follows:
Contract Owner Transaction Charges
Front-End Sales Charge Imposed on
Purchases....................................0%
Maximum surrender Charge for Sales
Expenses...................................0%
Other Surrender
Fees...................................................
..........................0%
Exchange
Fee....................................................
.....................................0%
Annual Contract Administration
Charge.................................................
.$30 (1)
Variable Account Annual Expenses
(as a percentage of average account value)
Mortality and Expense Risk
Charge.................................................
. .45%
Variable Account Administrative
Charge.......................................... 0%
Total Variable Account Annual
Expenses.............................. .45%
(1) This charge, which is otherwise applied at each
contract anniversary and total surrender of the
contract, will not be charged during the
Accumulation Period if the contract value as of
such anniversary or surrender is $50,000 or more.
Currently, Fortis Benefits waives this charge
during the Annuity Period.
The Annual administrative Charge section on page 16 of
the Prospectus is revised by adding the following
paragraph at the end:
We will waive this charge during the Accumulation
Period if your contract value is $50,000 or more at the
end of the contract year. Additionally, we will waive
this charge if you totally surrender your contract and
your contract value is $50,000 or more at that time.
