SUPPLEMENT DATED JULY 9, 2003 TO PROSPECTUS FOR THE
                  MANUFACTURERS LIFE INSURANCE COMPANY (U.S.A.)
                               SEPARATE ACCOUNT N
                             DATED JANUARY 3, 2003

NEW INVESTMENT PORTFOLIOS

      Effective July 9, 2003, Series I shares of the four new investment
portfolios set forth below (the "Portfolios") will be added to the variable
portion of your Policy. Each of these Portfolios is a series of Manufacturers
Investment Trust. Series I shares of these Portfolios are subject to a Rule
12b-1 fee of 0.35%.

American Growth Trust
American International Trust
American Growth-Income Trust
American Blue Chip Income and Growth Trust

Each of the Portfolios invests exclusively in Class 2 shares of portfolios of
the American Fund Insurance Series which is advised by Capital Research
Management Company ("CRMC").

      Below is a description of each of these Portfolios:

The AMERICAN GROWTH TRUST invests all of its assets in Class 2 shares of the
Growth Fund, a series of American Fund Insurance Series. The Growth Fund invests
primarily in common stocks of companies that appear to offer superior
opportunities for growth of capital.

The AMERICAN INTERNATIONAL TRUST invests all of its assets in Class 2 shares of
the International Fund, a series of American Fund Insurance Series. The
International Fund invests primarily in common stocks of companies located
outside the United States.

The AMERICAN GROWTH-INCOME TRUST invests all of its assets in Class 2 shares of
the Growth-Income Fund, a series of American Fund Insurance Series. The
Growth-Income Fund invests primarily in common stocks or other securities which
demonstrate the potential for appreciation and/or dividends.

The AMERICAN BLUE CHIP INCOME AND GROWTH TRUST invests all of its assets in
Class 2 shares of the Blue Chip Income and Growth Fund, a series of American
Fund Insurance Series. The Blue Chip Income and Growth Fund invests primarily in
common stocks of larger, more established companies based in the U.S. with
market capitalizations of $4 billion and above.