SUPPLEMENT DATED OCTOBER 31, 2005
                   TO PROSPECTUSES DATED MAY 1, 2005 OR LATER

     The prospectuses entitled Medallion Executive Variable Life, Medallion
Executive Variable Life II, Medallion Executive Variable Life III, Majestic
Variable Universal Life, Majestic Variable Universal Life 98, Variable Master
Plan Plus, Majestic Variable COLI, Variable Estate Protection, Variable Estate
Protection Plus, Majestic Variable Estate Protection, Majestic Variable Estate
Protection 98, Variable Estate Protection Edge, Performance Survivorship
Universal Life, Performance Executive Variable Life, Medallion Variable
Universal Life Plus, Medallion Variable Universal Life Edge, Medallion Variable
Universal Life Edge II, VUL Accumulator, EPVUL, VUL Protector, SPVL,
Survivorship VUL, Protection Variable Universal Life, and Corporate VUL, for
variable life contracts issued by John Hancock Life Insurance Company, John
Hancock Variable Life Insurance Company, John Hancock Life Insurance Company
(U.S.A.) and John Hancock Life Insurance Company of New York, are supplemented
as follows:

     Effective October 31, 2005, you may select a new investment option,
entitled "American Bond," as a variable investment option. When you select this
option, we invest your money in a sub-account that invests in a Portfolio of the
John Hancock Trust entitled American Bond Trust.

We add the following information to the table in the prospectuses that describes
the fees and expenses for each of the Portfolios:




                                                                                                Total Annual
                                                                                                Expenses or Total
Portfolio                 Management Fees        12b-1 Fees              Other Expenses        Portfolio Expenses*
- ---------                 --------------         -------------          ---------------         --------------------
                                                                                          
American Bond Trust             0.44%                  0.60%                   0.04%                  1.08%

- ----------
*    The table reflects the aggregate annual operating expenses of the Portfolio
     and the Master Fund. Currently, Capital Research and Management Company
     (the adviser to the Master Fund) is waiving 10% of its management fees.
     This voluntary fee waiver may be terminated at any time. This waiver is not
     reflected in the table.

We add the following information to the table in the prospectuses that contains
a general description of the Portfolios:


American Bond    Capital Research Management    Seeks to maximize current income
                 Company                        and preserve capital.

                                       ***

     We delete a variable investment option from the prospectuses for policies
issued on or after October 31, 2005.

The variable investment option entitled "Small Company" is NOT available for
contracts issued on and after October 31, 2005. If you own an affected contract,
you should disregard all references in the prospectus to this variable
investment option, to the underlying Portfolio entitled "Small Company Trust"
and to its portfolio manager (American Century Investment Management, Inc.).

If your contract was issued before October 31, 2005, however, you may continue
to invest in the Small Company variable investment option and you should refer
to your prospectus for more information before investing in the variable
investment option.