<PAGE>
THE ENDEAVOR VARIABLE ANNUITY
ISSUED BY
PFL LIFE INSURANCE COMPANY
Supplement Dated December 23, 1997
To The
Prospectus Dated May 1, 1997
The Endeavor Series Trust has filed an amendment to its registration
statement with the Securities and Exchange Commission. The amendment adds a new
portfolio to the Endeavor Series Trust, the Select 50 Portfolio. The amendment
is not effective and is not expected to become effective until on or about
February 2, 1998. Shares of the new portfolio cannot be offered or sold until
the amendment to the registration statement becomes effective. PFL Life
Insurance Company intends to make this new investment option available to Owners
and purchasers of the Endeavor Variable Annuity, but premium payments cannot be
accepted for the Select 50 Portfolio and transfers cannot be made into the
Select 50 Portfolio until the amendment to the registration statement becomes
effective.
Information contained herein is subject to completion or amendment. A
registration statement relating to interests in the Select 50 Portfolio has been
filed with the Securities and Exchange Commission. Interests in the Select 50
Portfolio, or in the corresponding sub-account of the PFL Endeavor Variable
Annuity Account, may not be sold nor may offers to buy be accepted prior to the
time the registration statement becomes effective. This prospectus supplement
shall not constitute an offer to sell or the solicitation of an offer to buy
nor shall there be any sale of these securities in any state in which such
offer, solicitation, or sale would be unlawful prior to registration and
qualification under the securities laws of any such state.
THIS PROSPECTUS SUPPLEMENT MUST BE ACCOMPANIED
BY THE
PROSPECTUS FOR THE ENDEAVOR VARIABLE ANNUITY DATED MAY 1, 1997
AND BY THE
PRELIMINARY PROSPECTUS FOR THE SELECT 50 PORTFOLIO DATED DECEMBER 19, 1997
<PAGE>
THE ENDEAVOR FI VARIABLE ANNUITY
ISSUED BY
PFL LIFE INSURANCE COMPANY
Supplement Dated December 23, 1997
To The
Prospectus Dated May 1, 1997
The Endeavor Series Trust has filed an amendment to its registration
statement with the Securities and Exchange Commission. The amendment adds a new
portfolio to the Endeavor Series Trust, the Select 50 Portfolio. The amendment
is not effective and is not expected to become effective until on or about
February 2, 1998. Shares of the new portfolio cannot be offered or sold until
the amendment to the registration statement becomes effective. PFL Life
Insurance Company intends to make this new investment option available to Owners
and purchasers of the Endeavor FI Variable Annuity, but premium payments cannot
be accepted for the Select 50 Portfolio and transfers cannot be made into the
Select 50 Portfolio until the amendment to the registration statement becomes
effective.
Information contained herein is subject to completion or amendment. A
registration statement relating to interests in the Select 50 Portfolio has been
filed with the Securities and Exchange Commission. Interests in the Select 50
Portfolio, or in the corresponding sub-account of the PFL Endeavor Variable
Annuity Account, may not be sold nor may offers to buy be accepted prior to the
time the registration statement becomes effective. This prospectus supplement
shall not constitute an offer to sell or the solicitation of an offer to buy
nor shall there be any sale of these securities in any state in which such
offer, solicitation, or sale would be unlawful prior to registration and
qualification under the securities laws of any such state.
THIS PROSPECTUS SUPPLEMENT MUST BE ACCOMPANIED
BY THE
PROSPECTUS FOR THE ENDEAVOR FI VARIABLE ANNUITY DATED MAY 1, 1997
AND BY THE
PRELIMINARY PROSPECTUS FOR THE SELECT 50 PORTFOLIO DATED DECEMBER 19, 1997
<PAGE>
THE ENDEAVOR ML VARIABLE ANNUITY
ISSUED BY
PFL LIFE INSURANCE COMPANY
Supplement Dated December 23, 1997
To The
Prospectus Dated May 1, 1997
The Endeavor Series Trust has filed an amendment to its registration
statement with the Securities and Exchange Commission. The amendment adds a new
portfolio to the Endeavor Series Trust, the Select 50 Portfolio. The amendment
is not effective and is not expected to become effective until on or about
February 2, 1998. Shares of the new portfolio cannot be offered or sold until
the amendment to the registration statement becomes effective. PFL Life
Insurance Company intends to make this new investment option available to Owners
and purchasers of the Endeavor ML Variable Annuity, but premium payments cannot
be accepted for the Select 50 Portfolio and transfers cannot be made into the
Select 50 Portfolio until the amendment to the registration statement becomes
effective.
Information contained herein is subject to completion or amendment. A
registration statement relating to interests in the Select 50 Portfolio has been
filed with the Securities and Exchange Commission. Interests in the Select 50
Portfolio, or in the corresponding sub-account of the PFL Endeavor Variable
Annuity Account, may not be sold nor may offers to buy be accepted prior to the
time the registration statement becomes effective. This prospectus supplement
shall not constitute an offer to sell or the solicitation of an offer to buy
nor shall there be any sale of these securities in any state in which such
offer, solicitation, or sale would be unlawful prior to registration and
qualification under the securities laws of any such state.
THIS PROSPECTUS SUPPLEMENT MUST BE ACCOMPANIED
BY THE
PROSPECTUS FOR THE ENDEAVOR ML VARIABLE ANNUITY DATED MAY 1, 1997
AND BY THE
PRELIMINARY PROSPECTUS FOR THE SELECT 50 PORTFOLIO DATED DECEMBER 19, 1997
