AMERICAN GENERAL LIFE INSURANCE COMPANY
SEPARATE ACCOUNT D
WM ADVANTAGE
FLEXIBLE PAYMENT VARIABLE AND FIXED INDIVIDUAL DEFERRED ANNUITY
CONTRACTS
SUPPLEMENT DATED OCTOBER 12, 1999
TO
PROSPECTUS DATED JULY 12, 1999
Effective November 15, 1999, the WM Strategic Asset Management Program
("SAM Program"), described in the Prospectus, will be discontinued.
Procedures have been put into place that will allow you to transfer
your Variable Account Value in the SAM Program, at no charge, into one
or more Divisions offered under the Contracts.
1. On page 25, please delete the last paragraph regarding the SAM
Program. There is no substitute language to replace this deleted
information.
2. On page 28, please delete all references to the SAM Program. Page
28 should read as follows:
TRANSFERS, AUTOMATIC REBALANCING, SURRENDER AND PARTIAL
WITHDRAWAL OF OWNER ACCOUNT VALUE
Transfers
You can transfer your Account Value beginning 30 days after we issue
your Contract and before the Annuity Commencement Date. The following
rules apply:
- You may transfer your Account Value at any time among the
available Divisions of the Separate Account and the
Guarantee Periods. Transfers will be effective at the
end of the Valuation Period in which we receive your
Written or telephone transfer request.
- Each transfer from a Division or Guarantee Period must be at
least $500, or if less, all of your Account Value in that
Division or Guarantee Period.
- If a transfer causes your Account Value in any Division or
a Guarantee Period to fall below $500, we reserve the right
to transfer the remaining balance in that Division or the
Guarantee Period in the same proportions as the transfer
request.
- You may make up to 12 transfers each Contract Year without
charge. We will charge you $25 for each additional transfer.
- You may transfer no more than 25% of the Account Value you
allocated to a Guarantee Period at its inception during any
Contract Year. This 25% limitation does not apply to
transfers from the Guarantee period (1) within 15 days
before or after the end of the Guarantee Period in which
you held the transferred amounts, or (2) a renewal at the
end of the Guarantee Period to the same Guarantee Period.
