Filed Pursuant to
Rule 497(e) under the
Securities Act of 1933.
THE ALEXANDER HAMILTON LIFE INSURANCE COMPANY OF AMERICA
The Allegiance Variable Annuity
Amendment dated November 15, 1996
to the Prospectus dated
May 1, 1996
The following information supersedes any contrary information contained in
the section of the Fund's Prospectus entitled "INTRODUCTION":
The Alexander Hamilton Variable Insurance Trust (the "Trust") is an
open-end, management investment company established as a Massachusetts
business trust under a Declaration of Trust dated July 8, 1994.
The following information supersedes any information contained in the
section of the Fund's Prospectus entitled "MANAGEMENT":
Mark E. Stoeckle, Vice President will no longer be assisting with the
portfolio management of the Emerging Growth Fund. Any references to
Mark E. Stoeckle on page 27 have been eliminated.
The following information replaces information contained in the section of
the Fund's Prospectus entitled "INCOME DIVIDENDS AND CAPITAL GAINS
DISTRIBUTIONS":
The Funds intend to distribute substantially all of their net
investment income quarterly. Each Fund also intends to annually
distribute substantially all of its net realized capital gains. All
income dividends and capital gain distributions declared by a Fund to
a separate account supporting variable annuity contracts will be
reinvested in shares of that Fund at the Fund's net asset value.
The address of Alexander Hamilton Life Insurance Company of America,
previously 33045 Hamilton Court, is now 32991 Hamilton Court. This change
will appear on page 26 and as appropriate in the Statement of Additional
Information. In addition the 800 number has been changed to (800) 950-2454
and has been changed as appropriate.
