ANNUITY INVESTORS VARIABLE ACCOUNT A
497, 1997-11-12
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                ANNUITY INVESTORS[SERVICEMARK] VARIABLE ACCOUNT A
                                       of
         ANNUITY INVESTORS LIFE INSURANCE COMPANY[REGISTERED TRADEMARK]

                      Supplement to May 1, 1997 Prospectus
                                     for the
                         Commodore Americus[SERVICEMARK]
                 Individual Flexible Premium Deferred Annuities
                       Date of Supplement: October 1, 1997


The following provision is inserted in the TRANSFERS section of your Prospectus:

PRINCIPAL GUARANTEE OPTION
The Owner may elect to have the Company allocate a portion of a Purchase Payment
to the Fixed Account  Seven-Year  Guarantee  Period such that, at the end of the
Seven-Year  Guarantee  Period,  that account will grow to an amount equal to the
total  Purchase  Payment.  The Company  determines  the portion of the  Purchase
Payment which must be allocated to the Fixed Account Seven-Year Guarantee Period
such that, based on the interest rate then in effect,  the Seven-Year  Guarantee
account will grow to equal the full amount of the Purchase  Payment  after seven
years. The minimum Purchase Payment eligible for the Principal Guarantee program
is $5,000.

                    PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE.

                                          ANNUITY INVESTORS[SERVICEMARK]




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