424B3 1 v74491b1e424b3.txt 424(B)3 1 As filed pursuant to Rule 424(b)(3) under the Securities Act of 1933 Registration No. 333-59018 ANCHOR NATIONAL LIFE INSURANCE COMPANY VARIABLE SEPARATE ACCOUNT (PORTION RELATING TO THE POLARIS PROTECTOR VARIABLE ANNUITY) -------------------------------------------------------------------------------- SUPPLEMENT TO THE PROSPECTUS DATED JULY 9, 2001 -------------------------------------------------------------------------------- In the DEATH BENEFIT section of the prospectus, under the sub-heading ESTATEPLUS, the table which shows the available EstatePlus benefit for policyowners between their 70th and 81st birthdays at the time we issue the contract, is deleted and replaced with the following:
------------------ ----------------- -------------------- CONTRACT YEAR ESTATEPLUS MAXIMUM OF DEATH PERCENTAGE ESTATEPLUS AMOUNT ------------------ ----------------- -------------------- All Contract Years 25% of Earnings 40% of Net Purchase Payments* ------------------ ----------------- --------------------
*Purchase Payments received after the 5th contract anniversary must remain in the contract for at least 6 full months to be included as part of Net Purchase Payments for the purpose of the Maximum EstatePlus Amount calculations. Date: July 30, 2001 Please keep this Supplement with your Prospectus. 2 ANCHOR NATIONAL LIFE INSURANCE COMPANY VARIABLE SEPARATE ACCOUNT (PORTION RELATING TO THE POLARIS PLATINUM VARIABLE ANNUITY) -------------------------------------------------------------------------------- SUPPLEMENT TO THE PROSPECTUS DATED JULY 9, 2001 -------------------------------------------------------------------------------- In the DEATH BENEFIT section of the prospectus, under the sub-heading ESTATEPLUS, the table which shows the available EstatePlus benefit for policyowners between their 70th and 81st birthdays at the time we issue the contract is deleted and replaced with the following:
------------------ ----------------- ----------------------------- CONTRACT YEAR ESTATEPLUS MAXIMUM OF DEATH PERCENTAGE ESTATEPLUS AMOUNT ------------------ ----------------- ----------------------------- All Contract Years 25% of Earnings 40% of Net Purchase Payments* ------------------ ----------------- -----------------------------
*Purchase Payments received after the 5th contract anniversary must remain in the contract for at least 6 full months to be included as part of Net Purchase Payments for the purpose of the Maximum EstatePlus Amount calculations. Date: July 30, 2001 Please keep this Supplement with your Prospectus.