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SEPARATE ACCOUNT VA-K
(DELAWARE MEDALLION I AND II)
ALLMERICA FINANCIAL LIFE INSURANCE AND ANNUITY COMPANY
FIRST ALLMERICA FINANCIAL LIFE INSURANCE COMPANY
SUPPLEMENT DATED AUGUST 1, 2000 TO PROSPECTUS DATED MAY 1, 2000
***
The first paragraph of Investment Options under the SUMMARY OF CONTRACT FEATURES
is replaced by the following:
As of the date of this Prospectus, an Owner may request allocations up to
seventeen (at one time) of the thirty-five available variable Sub-Accounts, in
addition to the DGPF Cash Reserve Series, prior to the Annuity Date and, where
offered, a fixed interest account ("General Account") of the Company.
***
The third paragraph of "A. Payments" under THE VARIABLE ANNUITY POLICIES is
replaced by the following:
Generally, unless otherwise requested, all payments will be allocated among
investment options in the same proportion that the initial net payment is
allocated or, if subsequently changed, according to the most recent allocation
instructions. As of the date of this Prospectus, an Owner may request
allocations up to seventeen variable Sub-Accounts at one time, in addition to
the DGPF Cash Reserve Series, prior to the Annuity Date.
***
The first paragraph of "B. Transfer Privilege" under THE VARIABLE ANNUITY
POLICIES is replaced by the following:
At any time prior to the Annuity Date, subject to the Company's then current
rules, an Owner may have amounts transferred among the Sub-Accounts or between
a Sub-Account and the General Account, where available. As of the date of this
Prospectus, an Owner may request allocations up to seventeen variable
Sub-Accounts at one time, in addition to the DGPF Cash Reserve Series, prior to
the Annuity Date. Transfer values will be affected at the Accumulation Value
next computed after receipt of the transfer order. The Company will make
transfers pursuant to written request or, if a properly completed authorization
is on file, pursuant to a telephone request.
***
SUPPLEMENT DATED AUGUST 1, 2000
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SEPARATE ACCOUNT VA-K
(DELAWARE MEDALLION III)
ALLMERICA FINANCIAL LIFE INSURANCE AND ANNUITY COMPANY
FIRST ALLMERICA FINANCIAL LIFE INSURANCE COMPANY
SUPPLEMENT DATED AUGUST 1, 2000 TO PROSPECTUS DATED MAY 1, 2000
***
The second sentence of the first paragraph of WHAT ARE MY INVESTMENT CHOICES?
under the SUMMARY OF CONTRACT FEATURES is replaced with the following:
As of the date of this Prospectus, you may request allocations up to
seventeen variable Sub-Accounts at one time, in addition to the DGPF Cash
Reserve Series, prior to the Annuity Date.
***
The first sentence of the second paragraph of WHAT ARE MY INVESTMENT CHOICES?
under the SUMMARY OF CONTRACT FEATURES is replaced with the following:
Subject to the seventeen fund limit, you have a choice of Sub-Accounts investing
in the following thirty-five Underlying Funds:
***
The third sentence of the first paragraph of CAN I MAKE TRANSFERS AMONG THE
INVESTMENT OPTIONS? under the SUMMARY OF CONTRACT FEATURES is replaced by the
following:
As of the date of this Prospectus, you may request allocations up to seventeen
variable Sub-Accounts at one time, in addition to the DGPF Cash Reserve Series,
prior to the Annuity Date.
***
The fourth paragraph of "A. Payments" under DESCRIPTION OF THE CONTRACT is
replaced by the following:
Generally, unless otherwise requested, all payments will be allocated among
investment options in the same proportion that the initial net payment is
allocated or, if subsequently changed, according to the most recent
allocation instructions. As of the date of this Prospectus, you may request
allocations up to seventeen variable Sub-Accounts at one time, in addition to
the DGPF Cash Reserve Series, prior to the Annuity Date.
***
SUPPLEMENT DATED AUGUST 1, 2000
