<PAGE>


                              PROSPECTUS SUPPLEMENT
             ALLMERICA FINANCIAL LIFE INSURANCE AND ANNUITY COMPANY

                             SELECT SEPARATE ACCOUNT
                   SUPPLEMENT TO PROSPECTUS DATED MAY 1, 1997

                                       ***

Effective for all Contracts issued on or after July 18, any portion of an
initial net payment (or a subsequent net payment received during the Contract's
first fifteen days) allocated to a Sub-Account or to a Guarantee Period Account
will be invested as requested and will not be held in the Money Market Fund of
the Trust for the Contract's first fifteen days.   As such, the second and third
sentences of the fourth paragraph under "A. PAYMENTS" are deleted.


Supplement dated July 9, 1997



© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission