SEPARATE ACCOUNT VA-K OF ALLMERICAN FN LF INS & AN CO
497, 1998-10-30
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               ALLMERICA FINANCIAL LIFE INSURANCE AND ANNUITY COMPANY
                                     SUPPLEMENT
                        TO PROSPECTUSES DATED May 1, 1998  
                                          
                                          
                     SEPARATE ACCOUNT VA-K (DELAWARE MEDALLION)
                                          
                                        ***
     
The third sentence of footnote 2 to the Fund Expenses Table in the 
Prospectuses is amended to read as follows:

Through April 30, 1999, the investment advisers for the Series of DGPF have 
agreed voluntarily to waive their management fees and reimburse each Series 
for expenses to the extent that total expenses will not exceed 1.50% for the 
Emerging Markets Series; 0.95% for the International Equity Series; 0.85% for 
the DelCap Series, Social Awareness Series, REIT Series, Small Cap Value 
Series, Trend Series, Convertible Securities Series and Global Bond Series; 
and 0.80% for all other Series.


                              Supplement Dated October 30, 1998



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