<PAGE>
<PAGE>
File No. 33-23458
Filed under Rule 497(e)
Golden American Life Insurance Company
Prospectus Supplement
January 4, 1999
to the
Prospectuses dated May 1, 1998 as
supplemented June, 8, 1998, July 17, 1998, and August 18, 1998 for
Flexible Premium Variable Life Insurance Policies
(the "GoldenSelect/r/ Genesis I and
GoldenSelect/r/ Genesis Flex Prospectus")
issued by Golden American Life Insurance Company
|-------------------------------------------------------------------------|
| The following sentence is added to the end of the subsection titled |
| "Sales and Other Agreements" beginning on page 35 of your prospectus. |
| |
| Additionally, we intend to reimburse registered representatives for any |
| covered actual expenses they incur with regard to the distribution of |
| the Contract as provided for under the non-cash compensation regulation |
| recently adopted by the NASD and approved by the SEC. |
| |
|-------------------------------------------------------------------------|
This supplement should be retained with your GoldenSelect/r/ Prospectus.
G3458-PAY 1/04/99