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FIRST ALLMERICA FINANCIAL LIFE INSURANCE COMPANY
SUPPLEMENT
TO PROSPECTUS DATED May 1, 1998
SEPARATE ACCOUNT VA-K (DELAWARE MEDALLION)
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New York Replacement Regulations
The state of New York recently amended its regulations concerning the
purchase of a new life insurance policy or annuity contract to replace an
existing policy or contract (a "replacement"). If you purchase a Contract in
New York as a replacement, you may have the right to cancel the Contract
within 60 days after receiving it by returning the Contract to our Home
Office at 440 Lincoln Street, Worcester, MA 01653, or to one of our
authorized representatives. If you return the Contract, it will be void from
the beginning. You will receive a refund equal to the surrender value of the
Contract plus all fees and charges.
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The third sentence of footnote 2 to the Fund Expenses Table on page 12 of the
Prospectus 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
