AMERICAN GENERAL LIFE INSURANCE COMPANY
SEPARATE ACCOUNT D
GENERATIONS (TM)
COMBINATION FIXED AND VARIABLE ANNUITY CONTRACT
SUPPLEMENT DATED JANUARY 20, 1998
TO
PROSPECTUS DATED MAY 1, 1997
AS SUPPLEMENTED MAY 27 and OCTOBER 14, 1997
Effective January 20, 1998, certain automatic transfer plans, previously
available only to new Generations contract owners, are available also to
existing Generations contract owners with respect to new purchase payments.
Also effective January 20, 1998, American General Life Insurance Company
is changing certain distribution arrangements, with respect to commissions and
trail commissions, and certain disclosure, with respect to the payment of
additional compensation by one of its broker-dealers, Van Kampen American
Capital Distributors, to other broker-dealers.
These changes require several changes in the prospectus, as follows:
1. CHANGES WITH RESPECT TO TRANSFERS
ON PAGE 20, THE SENTENCE BEGINNING IN THE SIXTH LINE OF THE FOURTH PARAGRAPH,
IS CHANGED TO READ:
WE MAY OFFER CERTAIN AUTOMATIC TRANSFER PLANS TO CONTRACT OWNERS
WHO MAKE NEW PURCHASE PAYMENTS AND WHO ARE NOT PRESENTLY OWNERS OF
ANY OTHER ANNUITY CONTRACT OFFERED BY AGL OR AN AFFILIATE OF AGL.
2. CHANGES WITH RESPECT TO DISTRIBUTION ARRANGEMENTS
ON PAGE 40, THE SECOND PARAGRAPH UNDER "DISTRIBUTION ARRANGEMENTS" IS CHANGED
TO READ:
AGL COMPENSATES VAN KAMPEN AMERICAN CAPITAL DISTRIBUTORS, INC.
("VKAC DISTRIBUTORS") AND OTHER BROKER-DEALERS THAT SELL THE
CONTRACTS ACCORDING TO ONE OR MORE COMPENSATION SCHEDULES. THE
SCHEDULES PROVIDE FOR COMMISSIONS OF UP TO 7% OF FIRST YEAR
<PAGE>
PURCHASE PAYMENTS RECEIVED PURSUANT TO THE CONTRACTS. IN ADDITION,
DEPENDING ON THE SCHEDULE SELECTED, AGL MAY PAY CONTINUING "TRAIL"
COMMISSIONS OF UP TO 0.75% OF CONTRACT ACCOUNT VALUE. AGL ALSO HAS
AGREED TO PAY VKAC DISTRIBUTORS FOR ITS PROMOTIONAL ACTIVITIES
SUCH AS THE SOLICITATION OF SELLING GROUP AGREEMENTS BETWEEN
BROKER- DEALERS AND AGL, AGENT APPOINTMENTS WITH AGL, PRINTING AND
DEVELOPMENT OF SALES LITERATURE TO BE USED BY AGL APPOINTED AGENTS
AS WELL AS RELATED MARKETING SUPPORT AND RELATED SPECIAL
PROMOTIONAL CAMPAIGNS. FROM TIME TO TIME VKAC DISTRIBUTORS MAY
ENGAGE IN SPECIAL PROMOTIONS RESULTING IN THE PAYMENT BY VKAC
DISTRIBUTORS OF ADDITIONAL COMPENSATION TO ONE OR MORE OF THE
BROKER-DEALERS THAT SELL THE CONTRACTS. NONE OF THESE DISTRIBUTION
EXPENSES RESULTS IN ANY ADDITIONAL CHARGES UNDER THE CONTRACTS
THAT ARE NOT DESCRIBED UNDER "CHARGES UNDER THE CONTRACTS."
2
<PAGE>
AMERICAN GENERAL LIFE INSURANCE COMPANY
SEPARATE ACCOUNT D
GENERATIONS (TM)
COMBINATION FIXED AND VARIABLE ANNUITY CONTRACT
SUPPLEMENT DATED JANUARY 19, 1998
TO
PROSPECTUS DATED MAY 1, 1997
AS SUPPLEMENTED OCTOBER 14 AND OCTOBER 28, 1997
Effective January 20, 1998, certain automatic transfer plans, previously
available only to new Generations contract owners, are available also to
existing Generations contract owners with respect to new purchase payments.
Also effective January 20, 1998, American General Life Insurance Company is
changing certain distribution arrangements, with respect to commissions and
trail commissions, and certain disclosure, with respect to the payment of
additional compensation by one of its broker-dealers, Van Kampen American
Capital Distributors, to other broker-dealers.
These changes require several changes in the prospectus, as follows:
1. CHANGES WITH RESPECT TO TRANSFERS
ON PAGE 20, THE SENTENCE BEGINNING IN THE SIXTH LINE OF THE FOURTH PARAGRAPH,
IS CHANGED TO READ:
WE MAY OFFER CERTAIN AUTOMATIC TRANSFER PLANS TO CONTRACT OWNERS
WHO MAKE NEW PURCHASE PAYMENTS AND WHO ARE NOT PRESENTLY OWNERS OF
ANY OTHER ANNUITY CONTRACT OFFERED BY AGL OR AN AFFILIATE OF AGL.
2. CHANGES WITH RESPECT TO DISTRIBUTION ARRANGEMENTS
ON PAGE 40, THE SECOND PARAGRAPH UNDER "DISTRIBUTION ARRANGEMENTS" IS CHANGED
TO READ:
AGL COMPENSATES VAN KAMPEN AMERICAN CAPITAL DISTRIBUTORS, INC.
("VKAC DISTRIBUTORS") AND OTHER BROKER-DEALERS THAT SELL THE
CONTRACTS ACCORDING TO ONE OR MORE COMPENSATION SCHEDULES. THE
SCHEDULES PROVIDE FOR COMMISSIONS OF UP TO 7% OF FIRST YEAR
PURCHASE PAYMENTS RECEIVED PURSUANT TO THE CONTRACTS. IN ADDITION,
<PAGE>
DEPENDING ON THE SCHEDULE SELECTED, AGL MAY PAY CONTINUING "TRAIL"
COMMISSIONS OF UP TO 0.75% OF CONTRACT ACCOUNT VALUE. AGL ALSO HAS
AGREED TO PAY VKAC DISTRIBUTORS FOR ITS PROMOTIONAL ACTIVITIES
SUCH AS THE SOLICITATION OF SELLING GROUP AGREEMENTS BETWEEN
BROKER- DEALERS AND AGL, AGENT APPOINTMENTS WITH AGL, PRINTING AND
DEVELOPMENT OF SALES LITERATURE TO BE USED BY AGL APPOINTED AGENTS
AS WELL AS RELATED MARKETING SUPPORT AND RELATED SPECIAL
PROMOTIONAL CAMPAIGNS. FROM TIME TO TIME VKAC DISTRIBUTORS MAY
ENGAGE IN SPECIAL PROMOTIONS RESULTING IN THE PAYMENT BY VKAC
DISTRIBUTORS OF ADDITIONAL COMPENSATION TO ONE OR MORE OF THE
BROKER-DEALERS THAT SELL THE CONTRACTS. NONE OF THESE DISTRIBUTION
EXPENSES RESULTS IN ANY ADDITIONAL CHARGES UNDER THE CONTRACTS
THAT ARE NOT DESCRIBED UNDER "CHARGES UNDER THE CONTRACTS."
2
