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SUPPLEMENT TO PROSPECTUSES
for
Variable Life Select, dated May 1, 1998
Survivorship Variable Universal Life, dated June 5, 1998
Variable Universal Life, dated July 23, 1998
The following information supplements the section of the prospectus that
describes the Guaranteed Principal Account. It follows the last sentence in that
section. This change pertains to all Variable Life Select, Survivorship Variable
Universal Life and Variable Universal Life policies.
In addition to the guaranteed minimum interest rate, the Company will declare a
calendar year guaranteed minimum rate each December for the upcoming calendar
year. The rate we credit in any calendar year will not be lower than this
calendar year guaranteed minimum rate.
