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AAL VARIABLE ANNUITY ACCOUNT I
CROSS REFERENCE SHEET
Pursuant to Rule 495 under the Securities Act of 1933 indicating the
location in the Prospectus of the information called for by the Items of parts
A and B of Form N-4.
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Item No. Location
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PART A
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1. Cover Page Cover Page
2. Definitions Glossary
3. Synopsis Fee Table; Summary
4. Condensed Financial Information Selected Accumulation Unit Data
5. General Description of Registrant, Depositor and AAL, The Variable Account and The Fund; Voting
Portfolio Companies Privileges
6. Deductions Charges and Deductions; Distribution
Agreements (as supplemented by the Prospectus
Supplement dated July 22, 1996)
7. General Description of Variable The Certificates; General Information; Rights
Annuity Contracts Reserved by AAL
8. Annuity Period Annuity Provisions
9. Death Benefit Death Benefits; Annuity Provisions
10. Purchases and Contract Value The Certificates - Minimum Investment
Requirements; - Allocation of Premiums; -
Accumulated Value, Accumulation Units and
Accumulation Unit Value; - Dollar Cost
Averaging Plan; Distribution Arrangements (as
supplemented by the Prospectus Supplement
dated July 22, 1996)
11. Redemptions The Certificates - Withdrawals, Surrenders and
Terminations; - Free Look Period; General
Information - Postponement of Payments
12. Taxes Federal Tax Status
13. Legal Proceedings Not Applicable
14. Table of Contents of the Statement of Additional Contents of the Statement of Additional
Information Information
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Item No. Location
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PART B
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15. Cover Page Cover Page
16. Table of Contents Table of Contents
17. General Information and History General Information; Regulation and Reserves
18. Services Services
19. Purchase of Securities Being Offered Not Applicable
20. Underwriters Principal Underwriter (as supplemented by the
Statement of Additional Information Supplement
dated July 22, 1996)
21. Calculation of Performance Data Performance Information
22. Annuity Payments Not Applicable
23. Financial Statements Financial Statements
PART C
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SUPPLEMENT DATED JULY 22, 1996 TO
PROSPECTUS OF AAL VARIABLE ANNUITY ACCOUNT I DATED MAY 1, 1996
AND TO PROSPECTUS OF AAL VARIABLE PRODUCT SERIES FUND, INC. DATED MAY 1, 1996
I. The following replaces the first two paragraphs under the caption
"Distribution Arrangements" at pages 25 and 26 of the Prospectus of
AAL Variable Annuity Account I:
AAL Capital Management Corp. ("AALCMC"), located at 222 West
College Avenue, Appleton, Wisconsin 54919-0007, is a wholly-
owned, indirect subsidiary of AAL and serves as principal
underwriter of the Certificates pursuant to a Principal
Underwriting and Servicing Agreement to which AALCMC and AAL,
on behalf of itself and the Variable Account, are parties.
AALCMC is a member of the National Association of Securities
Dealers, Inc. ("NASD"), and a broker-dealer registered with
the SEC under the Securities Exchange Act of 1934. The
Certificates are sold by duly licensed registered
representatives of AALCMC who are also employees of AAL and
licensed by state insurance departments to sell variable
insurance products ("AAL Representatives"). The Certificates
may also be sold by representatives of other broker-dealer
firms with which AALCMC has executed a selling agreement. In
addition, AAL may retain other firms to serve as principal
underwriters of the Certificates. AAL offers the Certificates
in all states where AAL is authorized to sell the
Certificates.
Commissions and other distribution compensation to be paid to
AAL Representatives or other broker-dealers on the sale of
Certificates will be paid by AAL and will not result in any
charge to Owners or to the Variable Account in addition to the
charges described in this Prospectus. Commissions and other
compensation paid in connection with sales of the Certificates
will not exceed 5% of the premiums received under the
Certificates.
II. The following replaces the first sentence under the caption
"Custodian, Transfer Agent and Independent Auditors" at page 18 of the
Prospectus of AAL Variable Product Series Fund, Inc.:
Citibank N.A., 111 Wall Street, New York, NY 10043, serves as
Custodian for the Fund.
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SUPPLEMENT DATED JULY 22, 1996 TO
STATEMENT OF ADDITIONAL INFORMATION OF AAL VARIABLE ANNUITY ACCOUNT I
DATED MAY 1, 1996
AND TO STATEMENT OF ADDITIONAL INFORMATION OF
AAL VARIABLE PRODUCT SERIES FUND, INC.
DATED MAY 1, 1996, AS REVISED JUNE 5, 1996
I. The following replaces the text under the caption "Principal
Underwriter" at page SAI-3 of the Statement of Additional Information
of AAL Variable Annuity Account I:
AAL Capital Management Corp. ("AALCMC"), a wholly-owned,
indirect subsidiary of AAL, serves as the principal
underwriter of the Certificates pursuant to a Principal
Underwriting and Servicing Agreement to which AALCMC and AAL,
on behalf of itself and the Variable Account, are parties.
The Certificates are sold through AAL Representatives who are
licensed by state insurance departments to sell the
Certificates and who are duly licensed registered
representatives of AALCMC. The Certificates may also be sold
by representatives of other broker-dealer firms with which
AALCMC has executed a selling agreement. In addition, AAL may
retain other firms to serve as principal underwriters of the
Certificates. The Certificates are continuously offered in
all states where AAL is authorized to sell the Certificates.
AAL paid underwriting commissions of $1,076,737 to AALCMC
during the period June 15, 1995 (commencement of the Variable
Account's operations) through December 31, 1995. Of this
amount, AALCMC retained $0.
II. The following replaces the first sentence under the caption
"Custodian, Transfer Agent and Independent Auditors for the Fund" at
page SAI-17 of the Statement of Additional Information of AAL Variable
Product Series Fund, Inc.:
Citibank N.A., 111 Wall Street, New York, NY 10043, serves as
Custodian for the Fund.
