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SUPPLEMENT TO PROSPECTUS
THE MANUFACTURERS LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT G
DATED MAY 1, 1998
The "Ten Day Right to Review" section of the prospectus is amended and restated
as follows:
RIGHT TO REVIEW CONTRACT
The contract owner may cancel the contract by returning it to the
Company's Annuity Service Office or to the contract owner's registered
representative at any time within 10 days after receipt of the contract. Within
7 days of receipt of the contract by the Company, the Company will refund the
payment made for the contract. No withdrawal charge is imposed upon return of
the contract within the ten day right to review period. When the contract is
issued as an individual retirement annuity under Sections 408 or 408A of the
Code, during the first 7 days of the 10 day period, the Company will return the
contract value if it is greater than the amount otherwise payable.
If the contract is purchased in connection with a replacement of an
existing annuity contract (as described below), the contract owner may also
cancel the contract by returning it to the Company's Annuity Service Office or
the contract owner's registered representative at any time within 60 days after
receipt of the contract. Within 10 days of receipt of the contract by the
Company, the Company will pay to the contract owner the contract value, computed
at the end of the valuation period during which the contract is received by the
Company. In the case of a replacement of a contract issued by a New York
insurance company, the contract owner may have the right to reinstate the prior
contract. The contract owner should consult with his or her registered
representative or attorney regarding this matter prior to purchasing the new
contract.
Replacement of an existing annuity contract generally is defined as the
purchase of a new annuity contract in connection with (a) the lapse, partial or
full surrender or change of, or borrowing from, an existing annuity or life
insurance contract or (b) the assignment to a new issuer of an existing annuity
contract. This description, however, does not necessarily cover all situations
which could be considered a replacement of an existing annuity contract.
Therefore, a contract owner should consult with his or her registered
representative or attorney regarding whether the purchase of a new annuity
contract is a replacement of an existing annuity or life insurance contract.
NEW ANNUITY SERVICE OFFICE MAILING ADDRESS
The Annuity Service Office mailing address has been changed to:
The Manufacturers Life Insurance Company of New York
Annuity Service Office
P.O. Box 9013
Boston, MA 02205-9013
THE DATE OF THIS SUPPLEMENT IS NOVEMBER 10, 1998.
NYMVP.SUPP1198
