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Supplement dated March 1, 1998
to Prospectus Dated May 1, 1997
for
HERITAGE I AND HERITAGE II VARIABLE UNIVERSAL LIFE INSURANCE
ISSUED BY
CHUBB SEPARATE ACCOUNT C
of
CHUBB LIFE INSURANCE COMPANY OF AMERICA
This supplement updates certain information contained in the prospectus and, to
the extent inconsistent, it supersedes it. You should attach this supplement to
the prospectus and retain it with the prospectus for future reference. You may
obtain an additional copy of the prospectus, free of charge, by writing or
calling Chubb Life Insurance Company of America ("Chubb Life") at the address or
telephone number set forth below.
The first, second and third paragraphs under the heading "DISTRIBUTION OF THE
POLICY" on pages 26 and 27 of the prospectus are deleted in their entirety. The
deleted paragraphs are replaced with the following.
"The Policy will be sold by individuals who, in addition to being
licensed as life insurance agents for Chubb Life, are also registered
representatives of broker-dealers who have entered into written sales
agreements with the principal underwriter, Jefferson Pilot Variable
Corporation. Any such broker-dealers will be registered under the
Securities Exchange Act of 1934 and their representatives selling the
Policies will be authorized under applicable insurance laws and
regulations to sell insurance products of their type. Each broker-dealer
with whom Jefferson Pilot Variable Corporation has executed a selling
agreement will receive as a commission the full charge of 3% imposed on
premiums. It is not expected that the compensation paid by Chubb Life in
connection with such sales will exceed that described above.
"The Distribution Agreement with Jefferson Pilot Variable Corporation
took effect on January 1, 1998 and continues until terminated by either
party on 60 days notice. Jefferson Pilot Variable Corporation is not
obligated to sell any specified amount of Policies and may not assign its
responsibilities under the Distribution Agreement. Chubb Life will
reimburse Jefferson Pilot Variable Corporation for its expenses under the
Distribution Agreement.
"Prior to January 1, 1998, a Distribution Agreement with Chubb
Securities Corporation was in effect. The aggregate amounts paid to Chubb
Securities Corporation under the prior Distribution Agreement were
$22,502,715 in 1996, $15,333,468 in 1995 and $15,190,893 in 1994. Chubb
Life reimbursed Chubb Securities Corporation for its expenses under the
prior Distribution Agreement.
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"Jefferson Pilot Variable Corporation is engaged in the sale and
distribution of various other securities, including other flexible
premium variable life policies. It acts as principal underwriter for
other flexible premium variable life policies and variable annuity
contracts issued by Chubb Life (and its affiliated companies), and for
the Jefferson Pilot Variable Fund, Inc. (formerly the Chubb America
Fund, Inc.)."
You may obtain a prospectus by writing or calling Chubb Life at the address
or telephone number set out below.
Chubb Life Insurance Company of America
One Granite Place
Concord, New Hampshire 03301
(800) 258-3648, Extension 7719
