AETNA INSURANCE CO OF AMERICA
424B3, 2000-01-14
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                            AICA GUARANTEED ACCOUNT


                       Aetna Insurance Company of America
          Supplement Dated January 14, 2000 to May 3, 1999 Prospectus


The information in this supplement amends certain information contained in the
prospectus dated May 3, 1999 and restates the information in and replaces the
prospectus supplement dated May 27, 1999. You should read this supplement along
with the prospectus.

1. The following information replaces the last paragraph of the "Additional
   Disclosure Information" section on the cover page of the prospectus:

<TABLE>
<S>                                             <C>
                Our Home Office:                       Our Service Center:
         Aetna Insurance Company of America     Aetna Insurance Company of America
            5100 West Lemon Street                     151 Farmington avenue
                  Suite 213                         Hartford, Connecticut 06156
             Tampa, Florida 33609                         (800) 531-4547
</TABLE>

   All other references in the prospectus to our "Home Office" are replaced
   with our "Service Center".

2. The following information replaces the last paragraph of the "Investments"
   section on page 5 of the prospectus:

     Amounts allocated to the Guaranteed Account are held in a nonunitized
     separate account established by the Company under Florida law. Prior to
     January 5, 2000, these amounts were held in a nonunitized separate account
     established by the Company under Connecticut law. To the extent provided
     for in the contract, assets of the separate account are not chargeable with
     liabilities arising out of any other business that we conduct. See
     "Investments."

3. The following information replaces the "Investments" section on page 12 of
   the prospectus:

     Investments

     Amounts applied to the Guaranteed Account will be deposited to a
     nonunitized separate account established under Florida law. A nonunitized
     separate account is a separate account in which the contract holder does
     not participate in the performance of the assets through unit values or any
     other interest. Contract holders allocating funds to the nonunitized
     separate account do not receive a unit value of ownership of assets
     accounted for in this separate account. The risk of investment gain or loss
     is borne entirely by the Company. All Company obligations due to
     allocations to the nonunitized separate account are contractual guarantees
     of the Company and are accounted for in the separate account. All of the
     general assets of the Company are available to meet our contractual
     guarantees. To the extent provided for in the applicable contract, the
     assets of the nonunitized separate account are not chargeable with
     liabilities resulting from any other business of the Company. Income, gains
     and losses of the separate account are credited to or charged against the
     separate account without regard to other income, gains or losses of the
     Company.

4. The following information replaces the last paragraph of the "Types of
   Investments" section on page 13 of the prospectus:

     We are not obligated to invest the assets attributable to the contract
     according to any particular strategy, except as required by Florida and
     other state insurance laws. The guaranteed interest rates established by
     the Company may not necessarily relate to the performance of the
     nonunitized separate account.

5. The following information replaces the "Distribution of Contracts" section
   on Page 13 of the prospectus:

     Distribution of Contracts

     Aetna Life Insurance and Annuity Company (ALIAC) serves as principal
     underwriter for the securities sold through this prospectus. ALIAC is
     registered as a broker-dealer with the SEC and is a member of the National
     Association of Securities Dealers, Inc.

     Certain broker-dealers may be offered special guaranteed rates in
     connection with the Guaranteed Account offered through the contracts, and
     ALIAC may negotiate different commissions for these broker-dealers. For
     additional information, see the contract prospectus.



Form No.: X.AICAGA-99A                                             January, 2000


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