As filed pursuant to Rule 424(b)(3)
                                                under the Securities Act of 1933
                                                      Registration No. 333-70252




                     ANCHOR NATIONAL LIFE INSURANCE COMPANY
================================================================================

                            VARIABLE SEPARATE ACCOUNT
            (PORTION RELATING TO THE POLARISAMERICA VARIABLE ANNUITY)

================================================================================


          SUPPLEMENT TO THE POLARISAMERICA PROSPECTUS DATED MAY 1, 2002


        THIS SUPPLEMENT REPLACES THE SUPPLEMENT DATED MAY 31, 2002.

        The following is added as a footnote to the Nations International Value
        Variable Portfolio listed on page 1 and 12:

               The Nations International Value Variable Portfolio ("Variable
               Portfolio") will not accept transfers or Purchase Payments from
               current or prospective policy owners after September 30, 2002
               ("Closing Date"). Policy owners who are invested in the Variable
               Portfolio prior to Closing Date can remain invested. Dividends
               and capital gains with respect to investments prior to Closing
               Date will be reinvested.

               Policy owners will be unable to make new Purchase Payments to the
               Variable Portfolio, including through programs such as Dollar
               Cost Averaging or automatic asset rebalancing after September 30,
               2002.

        The following is added as a footnote to the Nations International Value
        Variable Portfolio in the NATIONS SEPARATE ACCOUNT FEE TABLE on page 5
        and the Explanation of FEE TABLES and Examples on page 9:

               The Nations International Value Variable Portfolio will no longer
               be available for investment after September 30, 2002.

        The following is added as the last sentence of the first paragraph in
        the ALLOCATION OF PURCHASE PAYMENTS Section on page 10:

               If your last allocation instruction included the Nations
               International Value Variable Portfolio, we will direct the
               corresponding percentage of any subsequent Purchase Payments,
               received without allocation instructions after September 30,
               2002, to the Cash Management Variable Portfolio.

        The following is added as the last sentence to the first paragraph in
        the DOLLAR COST AVERAGING section on page 13:

               The Nations International Value Variable Portfolio is not
               available for selection as a target account under the Dollar Cost
               Averaging program. If you have chosen this Variable Portfolio as
               a target account and we do not receive alternative instructions
               before the Nations International Value Variable Portfolio closes
               on September 30, 2002, we will allocate the amount targeted for
               the Nations International Value Variable Portfolio to the Cash
               Management Variable Portfolio. We will not accept instruction for
               the Nations International Value Portfolio as a target account
               after July 15, 2002.

        The following is added as the last sentence to the first paragraph in
        the ASSET ALLOCATION REBALANCING PROGRAM section on page 14:

               If you have elected to participate in this program and you have
               chosen the Nations International Value Variable Portfolio as one
               of your investments, you must send us alternate instructions
               before the Variable Portfolio closes on September 30, 2002. If we
               do not receive alternative instructions before the Variable
               Portfolio closes on September 30, 2002, we will change the
               original percentage targeted for the Nations International Value
               Variable Portfolio to the Cash Management Variable Portfolio. We
               will not accept instructions for asset allocation rebalancing
               with any percentage of the investment allocation to the Nations
               International Value Variable Portfolio after July 15, 2002.

Date:  June 26, 2002


                Please keep this Supplement with your prospectus.