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PACIFIC SELECT ESTATE MAXIMIZER
Modified Single Premium Variable Insurance Policy
Issued by Pacific Life Insurance Company
Supplement dated May 11, 2000 to
Prospectus dated May 1, 2000
This supplement adds the following to the prospectus:
The following is added
to Taking out a loan
A portion of your policy Interest owing on the amount you've borrowed as a
debt may qualify as a preferred loan accrues daily interest at an annual
preferred loan. Subject rate of 5.25% during the first 10 years of the
to the other loan policy. Starting on the 11th year of the policy,
limitations listed, the interest accrues at an annual rate of 4.75%. We will
maximum amount available determine the amount of a loan that is a preferred
as a preferred loan is loan on the date of the loan, and we will redetermine
the excess of the the total amount of preferred loans on each policy
accumulated value over anniversary. Loan repayments will be considered
the premiums paid. repayment of preferred loans last.
Form No. 15-22327-00
