SUPPLEMENT DATED DECEMBER 4, 1996
TO
PROSPECTUS DATED MAY 1, 1996
FOR
INDIVIDUAL FLEXIBLE PURCHASE PAYMENT
DEFERRED VARIABLE ANNUITY CONTRACT
ISSUED BY
VARIABLE ACCOUNT - K
AND
LIBERTY LIFE ASSURANCE COMPANY OF BOSTON
_______________________________________________________________________________
Effective on December 6, 1996 (or as soon thereafter as is practicable) the
"Colonial-Keyport U.S. Fund for Growth" Eligible Fund will change its name to
"Colonial-Keyport U.S. Stock Fund" and the sentence in the "Eligible Funds"
section on page 10, relating to the Fund being managed by State Street Global
Advisors, is deleted.
Issued by:
Liberty Life Assurance Company of Boston
175 Berkeley Street
Boston, Massachusetts 02117
Distributed by:
Keyport Financial Services Corp.
125 High Street
Boston, Massachusetts 02110-2712
Liberty Life Service Office
125 High Street
Boston, Massachusetts 02110-2712
Service Hotline 800-367-3653 (press 3)
