SUPPLEMENT DATED NOVEMBER 2, 1998
TO
THE ALLEGIANCE VARIABLE ANNUITY PROSPECTUS DATED MAY 1, 1998
ISSUED BY
ALEXANDER HAMILTON LIFE INSURANCE COMPANY OF AMERICA
Effective November 2, 1998, the Domestic Growth Stock Portfolio of Jefferson
Pilot Variable Fund, Inc. has changed its name to the "Small Company Portfolio"
(the "Portfolio"). Also effective November 2, 19998, the Portfolio's investment
objective is to achieve growth of capital. The Portfolio pursues this objective
by investing primarily in a diversified portfolio of equity securities issued by
small companies. See the Jefferson Pilot Variable Fund, Inc. prospectus dated
November 2, 1998 for details concerning the Portfolio and its new investment
objective.
The Allegiance Variable Annuity Prospectus is hereby amended by changing any
reference to the Portfolio and its investment objective to reflect the new name
and investment objective. In addition, any reference to the "JPVF Domestic
Growth Stock Portfolio Sub-Account" is changed to the "JPVF Small Company
Portfolio Sub-Account".
