AMERITAS LIFE INSURANCE CORP SEPARATE ACCOUNT LLVL
497, 1996-04-29
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By  Supplement  to Prospectus  ("Sticker")  dated April 15, 1996,  Ameritas Life
Insurance  Corp.  ("ALIC")  amended its  prospectus  at page 28 to disclose that
Ameritas Investment Corp. is a wholly-owned  subsidiary of AMAL Corporation.  By
further Supplement dated April 23rd, ALIC amends its prospectus at pages 1 and 7
to disclose that Vanguard Variable Insurance Fund now has nine portfolios.


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