0000089031-11-000028.txt : 20110517
0000089031-11-000028.hdr.sgml : 20110517
20110517104418
ACCESSION NUMBER: 0000089031-11-000028
CONFORMED SUBMISSION TYPE: 497
PUBLIC DOCUMENT COUNT: 1
FILED AS OF DATE: 20110517
DATE AS OF CHANGE: 20110517
EFFECTIVENESS DATE: 20110517
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: AGL SEPARATE ACCOUNT D
CENTRAL INDEX KEY: 0000089031
IRS NUMBER: 250598210
STATE OF INCORPORATION: TX
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 497
SEC ACT: 1933 Act
SEC FILE NUMBER: 033-57730
FILM NUMBER: 11850206
BUSINESS ADDRESS:
STREET 1: 2727-A ALLEN PARKWAY
STREET 2: -
CITY: HOUSTON
STATE: TX
ZIP: 77019
BUSINESS PHONE: 713-522-1111
MAIL ADDRESS:
STREET 1: 2727-A ALLEN PARKWAY
STREET 2: -
CITY: HOUSTON
STATE: TX
ZIP: 77019
FORMER COMPANY:
FORMER CONFORMED NAME: AMERICAN GENERAL LIFE INSURANCE CO OF DELAWARE SEPAR ACCT D
DATE OF NAME CHANGE: 19920106
0000089031
S000000575
AGL SEPARATE ACCOUNT D
C000008715
AGL WM Advantage VA (033-57730 Form N-4) Contract Nos. 93010 & 93011
497
1
57730supp051711.txt
497 PROS SUPPLEMENT
AMERICAN GENERAL LIFE INSURANCE COMPANY
SEPARATE ACCOUNT VL-R
SEPARATE ACCOUNT VUL
VARIABLE UNIVERSAL LIFE INSURANCE POLICIES
SEPARATE ACCOUNT A
SEPARATE ACCOUNT D
SEPARATE ACCOUNT VA-1
SEPARATE ACCOUNT VA-2
VARIABLE ANNUITY CONTRACTS
SUPPLEMENT DATED MAY 17, 2011
TO PROSPECTUSES, AS AMENDED
American General Life Insurance Company ("AGL") is amending its variable
universal life insurance Policy prospectuses and variable annuity Contract
prospectuses (collectively, the "prospectuses") for the sole purpose of
replacing information in the "General Information" section of the
prospectuses.
The following paragraphs replace information under the subheading
"American General Life Insurance Company" in the "General Information"
section of the prospectuses:
On September 22, 2008, American International Group, Inc. ("AIG")
entered into a revolving credit facility ("FRBNY Credit Facility") with the
Federal Reserve Bank of New York ("NY Fed"). In connection with the FRBNY
Credit Facility, on March 4, 2009, AIG issued its Series C Perpetual,
Convertible, Participating Preferred Stock (the "Series C Preferred Stock")
to the AIG Credit Facility Trust, a trust established for the sole benefit of
the United States Treasury (the "Trust"). The Series C shares were entitled
to approximately 77.8% of the voting power of AIG's outstanding stock.
On January 14, 2011, AIG completed a series of previously announced
integrated transactions (the "Recapitalization") to recapitalize AIG. In the
Recapitalization, AIG repaid the Federal Reserve Bank of New York ("NY Fed")
approximately $21 billion in cash, representing all amounts owing under the
FRBNY Credit Facility and the facility was terminated. Also as part of the
Recapitalization, (i) the Series C Preferred Stock was exchanged for shares
of AIG Common Stock and subsequently transferred to the U.S. Department of
the Treasury (the "Treasury Department") and the Trust, which had previously
held all shares of the Series C Preferred Stock, was terminated, (ii) AIG's
Series E Preferred Shares and Series F Preferred Shares were exchanged for
shares of AIG Common Stock and a new Series G Preferred Shares (which
functions as a $2 billion commitment to provide funding that AIG will have
the discretion and option to use). As a result of the Recapitalization, the
Treasury Department is a majority shareholder of AIG Common Stock. These
transactions do not alter AGL's obligations to you. It is expected that over
time the Treasury Department will sell its shares of the AIG Common Stock on
the open market.
More information about AIG may be found in the regulatory filings AIG
files from time to time with the U.S. Securities and Exchange Commission at
www.sec.gov.