-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, DOVFTf50sNwOE1t1AhhcHkBiek6WphnTogLboJCYep5tDH5k6q6yn+O1US9nJnCG VLwubcJvJAEYw7AllFsjgQ== 0000826734-07-000101.txt : 20070920 0000826734-07-000101.hdr.sgml : 20070920 20070920150134 ACCESSION NUMBER: 0000826734-07-000101 CONFORMED SUBMISSION TYPE: POS AM PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20070920 DATE AS OF CHANGE: 20070920 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AMERICAN SKANDIA LIFE ASSURANCE CORP/CT CENTRAL INDEX KEY: 0000881453 STANDARD INDUSTRIAL CLASSIFICATION: INSURANCE CARRIERS, NEC [6399] IRS NUMBER: 061241288 STATE OF INCORPORATION: CT FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: POS AM SEC ACT: 1933 Act SEC FILE NUMBER: 333-136996 FILM NUMBER: 071126924 BUSINESS ADDRESS: STREET 1: ONE CORPORATE DRIVE CITY: SHELTON STATE: CT ZIP: 06484 BUSINESS PHONE: 2039261888 MAIL ADDRESS: STREET 1: ONE CORPORATE DRIVE CITY: SHELTON STATE: CT ZIP: 06484 POS AM 1 apx485bflg0907.htm APEX POS AM APEX pos am filing
                                Filed with the Securities and Exchange Commission on September 20, 2007

                                                      Registration No. 333-136996
=======================================================================================================================================
                                                  SECURITIES AND EXCHANGE COMMISSION
                                                        WASHINGTON, D.C. 20549

                                                               Form S-3

                                                    Post-Effective Amendment No. 4
                                       Registration Statement Under The Securities Act of 1933*

                                         AMERICAN SKANDIA LIFE ASSURANCE CORPORATION
                                   (Exact name of registrant as specified in its charter)

                                                         CONNECTICUT
                               (State or other jurisdiction of incorporation or organization)

                                                                  63
                                       (Primary Standard Industrial Classification Code Number)

                                                              06-1241288
                                                 (I.R.S. Employer Identification No.)

                                    ONE CORPORATE DRIVE, SHELTON, CONNECTICUT 06484 (203) 926-1888
         (Address, including zip code, and telephone number, including area code, of registrant's principal executive offices)

                                                JOSEPH D. EMANUEL, CHIEF LEGAL OFFICER
                                    ONE CORPORATE DRIVE, SHELTON, CONNECTICUT 06484 (203) 944-7504
                 (Name, address, including zip code, and telephone number, including area code, of agent for service)

                                                          Copy To:
                                                     C. CHRISTOPHER SPRAGUE, ESQ.
                                    One Corporate Drive, Shelton, Connecticut 06484 (203) 944-5477

                                   Approximate date of commencement of proposed sale to the public:
                            As soon as practicable after the effective date of this Registration Statement

If the only securities being registered on this Form are being offered pursuant to dividend or interest reinvestment plans, please
check the following box: []

If any of the securities  being  registered on this Form are to be offered on a delayed or continuous  basis pursuant to Rule 415 under
the  Securities  Act of 1933,  other than  securities  offered  only in  connection  with  dividend or  reinvestment  plans,  check the
following:  [X].

If this Form is filed to register additional securities for an offering pursuant to Rule 462(b) under the Securities Act, please
check the following box and list the Securities Act registration statement number of the earlier registration statement for the same
offering: [ ]

If this Form is a post-effective amendment pursuant to Rule 462(c) under the Securities Act, check the following box and list the
Securities Act registration number of the earlier registration statement for the same offering: [ ]

If this Form is a registration statement pursuant to General Instruction I.D. or a post-effective amendment thereto that shall become
effective upon filing with the Commission pursuant to Rule 462(e) under the Securities Act, check the following box: [ ]

If this Form is a post-effective amendment to a registration statement filed pursuant to General Instruction I.D. filed to register
additional securities or additional classes of securities pursuant to rule 413(b) under the Securities Act, check the following box:
[ ]

                                                    Calculation of Registration Fee
=======================================================================================================================================
            Title of each                                 Proposed              Proposed
              class of                                     maximum               maximum
             securities              Amount               offering              aggregate             Amount of
                to be                 to be                 price               offering            registration
             registered            registered             per unit               price**                 fee
- ---------------------------------------------------------------------------------------------------------------------------------------
- ---------------------------------------------------------------------------------------------------------------------------------------
        Market Value Adjusted
- ---------------------------------------------------------------------------------------------------------------------------------------
          Annuity Contracts                                                 $2,000,000,000.00         $214,000

*    Securities are not issued in predetermined units
**   Registration fee for these securities, in the amount of $214,000, was paid at the time the securities were originally registered
on Form S-3 as filed by American Skandia Life Insurance Corporation on August 30, 2006.
- ---------------------------------------------------------------------------------------------------------------------------------------






                                                                 Note:

Registrant is filing this Post-Effective Amendment No. 4 to the Registration Statement for the purpose of including in the
Registration Statement two Prospectus supplements. The Prospectus and Part II that were filed as part of Post-Effective Amendment No.
3 with the SEC on April 20, 2007 as supplemented are hereby incorporated by reference. Other than as set forth herein, this
post-effective amendment to the registration statement does not amend or delete any other part of the registration statement.








                                                AMERICAN SKANDIA LIFE ASSURANCE CORPORATION

                                                     American Skandia Advisor Plan III
                                                          American Skandia APEX II
                                                      American Skandia Xtra Credit Six
                                                        American Skandia Lifevest II
                                                   American Skandia Advisors Choice(R)2000

                                                Supplement to Prospectuses Dated May 1, 2007
                                                     Supplement dated November 19, 2007


     This Supplement  should be read and retained with the current  Prospectus for your annuity.  This Supplement is intended to update
     certain  information in the  Prospectus for the variable  annuity you own, and is not intended to be a prospectus or offer for any
     other variable annuity listed here that you do not own. If you would like another copy of the current  Prospectus,  please contact
     us at 1-888-PRU-2888.


     We are issuing this  supplement  to set forth six  additional  Advanced  Series  Trust  portfolios  that are being  offered as new
     variable  investment  options  under  each  of the  above-referenced  products.  We  also  announce  a  change  to the  name,  and
     non-fundamental  investment  policies of the First Trust 10 Uncommon  Values  Portfolio.  We describe  changes to the Annuity Date
     provisions  and set forth a new name of the  principal  underwriter  of the  Annuities.  We also make certain  other  changes,  as
     indicated herein.






I.  NEW SUB-ACCOUNTS

Effective  November 19, 2007, the  underlying  portfolios  listed below are being offered as new  Sub-accounts  under your annuity.  In
order to reflect these additions:

     In the section of each Prospectus  entitled "Summary of Contract Expenses",  sub-section  "Underlying Mutual Fund Portfolio Annual
     Expenses", under the heading "Advanced Series Trust", the following portfolios have been added:

- ---------------------------------------------------------------------------------------------------------------------------------------
                                           UNDERLYING MUTUAL FUND PORTFOLIO ANNUAL EXPENSES
                               (as a percentage of the average net assets of the underlying Portfolios)
- ---------------------------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------- ---------------- ------------- ------------ ------------------- -----------------------
                                                                                                   Acquired            Total Annual
                                                  Management      Other                            Portfolio
             UNDERLYING PORTFOLIO                    Fees          Expenses         12b-1           Fees &               Portfolio
Advanced Series Trust:                                                               Fees          Expenses              Operating

                                                                                                                         Expenses*
- ----------------------------------------------- ---------------- ------------- ------------ ------------------- -----------------------
- ----------------------------------------------- ---------------- ------------- ------------ ------------------- -----------------------
AST CLS Growth Asset Allocation                      0.30%          0.21%         0.00%           0.91%                 1.42%
- ----------------------------------------------- ---------------- ------------- ------------ ------------------- -----------------------
- ----------------------------------------------- ---------------- ------------- ------------ ------------------- -----------------------
AST CLS Moderate Asset Allocation                    0.30%          0.21%         0.00%           0.86%                 1.37%
- ----------------------------------------------- ---------------- ------------- ------------ ------------------- -----------------------
- ----------------------------------------------- ---------------- ------------- ------------ ------------------- -----------------------
AST Horizon Growth Asset Allocation                  0.30%          0.21%         0.00%           0.84%                 1.35%
- ----------------------------------------------- ---------------- ------------- ------------ ------------------- -----------------------
- ----------------------------------------------- ---------------- ------------- ------------ ------------------- -----------------------
AST Horizon Moderate Asset Allocation                0.30%          0.21%         0.00%           0.81%                 1.32%
- ----------------------------------------------- ---------------- ------------- ------------ ------------------- -----------------------
- ----------------------------------------------- ---------------- ------------- ------------ ------------------- -----------------------
AST Western Asset Core Plus Bond                     0.70%          0.12%         0.00%           0.00%                 0.82%
- ----------------------------------------------- ---------------- ------------- ------------ ------------------- -----------------------
- ----------------------------------------------- ---------------- ------------- ------------ ------------------- -----------------------
AST Niemann Capital Growth Asset Allocation          0.30%          0.21%         0.00%           0.89%                 1.40%
- ----------------------------------------------- ---------------- ------------- ------------ ------------------- -----------------------
*The Total Annual  Portfolio  Operating  Expenses for certain of the  Portfolios set forth above are less than the amounts shown in the
table above, due to fee waivers,  reimbursement of expenses, and expense offset arrangements  ("Arrangements").  These Arrangements are
voluntary  and may be  terminated  at any time.  In addition,  the  Arrangements  may be modified  periodically.  For more  information
regarding the Arrangements, please see the prospectus and statement of additional information for the Portfolios.







The following is being added to the chart in each Prospectus in the section entitled "Investment Options":

- ----------------------- ----------------------------------------------------------------------------------- -------------------------
        STYLE/                                    INVESTMENT OBJECTIVES/POLICIES                                   PORTFOLIO
         TYPE                                                                                                       ADVISOR/
                                                                                                                  SUB-ADVISOR
                        ----------------------------------------------------------------------------------- -------------------------
- -------------------------------------------------------------------------------------------------------------------------------------
      AST FUNDS
- -------------------------------------------------------------------------------------------------------------------------------------
- ----------------------- ----------------------------------------------------------------------------------- -------------------------
                        AST CLS Growth  Asset  Allocation  Portfolio:  seeks the highest  potential  total    Clarke Lanzen Skalla
                        return  consistent  with its  specified  level  of risk  tolerance.  Under  normal
                        circumstances,  at least 90% of the  Portfolio's  assets will be invested in other
                        portfolios  of Advanced  Series Trust (the  underlying  portfolios)  while no more
                        than 10% of the  Portfolio's  assets may be  invested  in  exchange  traded  funds
  Asset Allocation/     (ETFs).  Under normal market conditions,  the Portfolio will devote between 60% to
        Growth          80% of its net assets to underlying  portfolios  and ETFs  investing  primarily in
                        equity  securities,  and  between  20%  to 40% of its  net  assets  to  underlying    Investment Firm LLC
                        portfolios  and ETFs  investing  primarily  in debt  securities  and money  market
                        instruments.
- ----------------------- ----------------------------------------------------------------------------------- -------------------------
- ----------------------- ----------------------------------------------------------------------------------- -------------------------
                        AST CLS Moderate Asset  Allocation  Portfolio:  seeks the highest  potential total
                        return  consistent  with its  specified  level  of risk  tolerance.  Under  normal
                        circumstances,  at least 90% of the  Portfolio's  assets will be invested in other
                        portfolios  of Advanced  Series Trust (the  underlying  portfolios)  while no more
                        than 10% of the  Portfolio's  assets may be  invested  in  exchange  traded  funds    Clarke Lanzen Skalla
  Asset Allocation/     (ETFs).  Under normal market conditions,  the Portfolio will devote between 40% to    Investment Firm LLC
        Growth          60% of its net assets to underlying  portfolios  and ETFs  investing  primarily in
                        equity  securities,  and  between  40%  to 60% of its  net  assets  to  underlying
                        portfolios  and ETFs  investing  primarily  in debt  securities  and money  market
                        instruments.
- ----------------------- ----------------------------------------------------------------------------------- -------------------------
- ----------------------- ----------------------------------------------------------------------------------- -------------------------
                        AST Horizon Growth Asset Allocation  Portfolio:  seeks the highest potential total      Horizon Capital
                        return  consistent  with its  specified  level  of risk  tolerance.  Under  normal
                        circumstances,  at least 90% of the  Portfolio's  assets will be invested in other
                        portfolios  of Advanced  Series Trust (the  underlying  portfolios)  while no more
                        than 10% of the  Portfolio's  assets may be  invested  in  exchange  traded  funds
  Asset Allocation/     (ETFs).  Under normal market conditions,  the Portfolio will devote between 60% to
        Growth          80% of its net assets to underlying  portfolios  and ETFs  investing  primarily in
                        equity  securities,  and  between  20%  to 40% of its  net  assets  to  underlying     Management Company
                        portfolios  and ETFs  investing  primarily  in debt  securities  and money  market
                        instruments.
- ----------------------- ----------------------------------------------------------------------------------- -------------------------
- ----------------------- ----------------------------------------------------------------------------------- -------------------------
                        AST Horizon  Moderate  Asset  Allocation  Portfolio:  seeks the highest  potential
                        total return  consistent with its specified level of risk tolerance.  Under normal
                        circumstances,  at least 90% of the  Portfolio's  assets will be invested in other
                        portfolios  of Advanced  Series Trust (the  underlying  portfolios)  while no more
                        than 10% of the  Portfolio's  assets may be  invested  in  exchange  traded  funds      Horizon Capital
  Asset Allocation/     (ETFs).  Under normal market conditions,  the Portfolio will devote between 40% to     Management Company
        Growth          60% of its net assets to underlying  portfolios  and ETFs  investing  primarily in
                        equity  securities,  and  between  40%  to 60% of its  net  assets  to  underlying
                        portfolios  and ETFs  investing  primarily  in debt  securities  and money  market
                        instruments.
- ----------------------- ----------------------------------------------------------------------------------- -------------------------
- ----------------------- ----------------------------------------------------------------------------------- -------------------------
                        AST  Niemann  Capital  Growth  Asset  Allocation  Portfolio:   seeks  the  highest      Neimann Capital
                        potential  total return  consistent  with its specified  level of risk  tolerance.
                        Under  normal  circumstances,  at  least  90% of the  Portfolio's  assets  will be
                        invested in other portfolios of Advanced Series Trust (the underlying  portfolios)
                        while no more than 10% of the  Portfolio's  assets  may be  invested  in  exchange
                        traded funds (ETFs).  Under normal market  conditions,  the Portfolio  will devote
                        between 60% to 80% of its net assets to underlying  portfolios  and ETFs investing
                        primarily  in  equity  securities,  and  between  20% to 40% of its net  assets to      Management Inc.
                        underlying  portfolios and ETFs investing  primarily in debt  securities and money
                        market instruments.
- ----------------------- ----------------------------------------------------------------------------------- -------------------------
- -------------------------------------------------------------------------------------------------------------------------------------
     Fixed Income      AST  Western  Asset  Core Plus Bond  Portfolio:  seeks to  maximize  total  return, Western Asset Management
                       consistent with prudent investment  management and liquidity needs, by investing to          Company
                       obtain its average  specified  duration.  The  Portfolio's  current  target average
                       duration is generally  2.5 to 7 years.  The  Portfolio  pursues  this  objective by
                       investing in all major fixed income sectors with a bias towards non-Treasuries.
- -------------------------------------------------------------------------------------------------------------------------------------


II. CHANGE TO THE FIRST TRUST 10 UNCOMMON VALUES PORTFOLIO


The  Portfolio  has changed its name to the First Trust Target Focus Four  Portfolio,  and its  investment  policies have been revised.
Please  note that if you wish to make a  transfer  out of this  Portfolio,  you may do so without  charge,  by  calling  our  automated
telephone response system at 1-800-766-4530, or by going to our web site at www.americanskandia.prudential.com.



The following is being changed in the chart in each Prospectus in the section entitled "Investment Options":

- ----------------------- ----------------------------------------------------------------------------------- -------------------------
        STYLE/                                    INVESTMENT OBJECTIVES/POLICIES                                   PORTFOLIO
         TYPE                                                                                                       ADVISOR/
                                                                                                                  SUB-ADVISOR
                        ----------------------------------------------------------------------------------- -------------------------
- -------------------------------------------------------------------------------------------------------------------------------------
                                              FIRST DEFINED PORTFOLIO FUND, LLC
- -------------------------------------------------------------------------------------------------------------------------------------
- ----------------------- ----------------------------------------------------------------------------------- -------------------------
                        First Trust Target Focus Four Portfolio (formerly,  First Trust 10 Uncommon Values    First Trust Advisors
                        Portfolio):  seeks to provide above-average  capital  appreciation.  The Portfolio
                        seeks to achieve its  objective  by  investing  in the common  stocks of companies
                        which are  selected by applying  four  separate  uniquely  specialized  strategies
                        selected by First Trust Advisors L.P. (the "Focus Four Strategy").  The Focus Four
      Specialty         Strategy  adheres to a disciplined  investment  process that targets the following
                        four  distinct  areas of the market:  the Dow(R)Target  Dividend  Strategy,  Value
                        Line(R)Target 25  Strategy,  S&P Target Mid 60  Strategy,  and NYSE(R)International            L.P.
                        Target 25 Strategy.
- ----------------------- ----------------------------------------------------------------------------------- -------------------------


III.     CHANGES TO ANNUITY DATE PROVISIONS

In the "ACCESS TO ACCOUNT VALUE" section of each  prospectus,  under the heading entitled "What types of Annuity Options are Available"
we revise the first  sentence of the second  paragraph to read "You may choose an Annuity Date, an annuity  option and the frequency of
annuity payments."

In the "MANAGING YOUR ANNUITY" section of each prospectus, under the heading entitled "May I Change the Owner, Annuitant and
Beneficiary Designations?" we delete the third bullet that reads,  "a new Annuitant if the latest Annuity Date would be earlier than
prior to the change."


 IV.     NAME CHANGE OF PRINCIPAL UNDERWRITER

In the General Information section of each prospectus, under the heading entitled "Who Distributes Annuities  . . .", we identify
American Skandia Marketing, Incorporated (ASM) as the principal underwriter and distributor of the Annuities.  Effective on November
1, 2007, ASM has changed its name to Prudential Annuities Distributors, Inc. ("PAD").  Accordingly, we replace the first four
sentences under "Who Distributes Annuities Offered By  . . " with the following, and in the remainder of that section, replace
references to ASM with PAD:

"Prudential Annuities Distributors, Inc. (PAD) (formerly, American Skandia Marketing, Incorporated), a wholly-owned subsidiary of
Prudential Annuities, Inc., is the distributor and principal underwriter of the Annuities offered through this prospectus.   PAD acts
as the distributor of a number of annuity and life insurance products, and is the co-distributor of the Advanced Series Trust.  PAD's
principal business address is One Corporate Drive, Shelton, Connecticut 06484.  PAD is registered as a broker-dealer under the
Securities Exchange Act of 1934 (Exchange Act), and is a member of the National Association of Securities Dealers, Inc. (NASD)."

V.       ADVISORS CHOICE 2000

In this Annuity only, the Rydex Variable Trust - Inverse S&P 500 Portfolio has changed its name to the Rydex Variable Trust - Inverse
S&P 500 Strategy Portfolio.



 VI.     APPENDIX H:  ANNUITIES APPROVED FOR SALE BY THE NEW YORK STATE INSURANCE DEPARTMENT


We amend the line item concerning Optional Living Benefits to refer also to Highest Daily Lifetime Five.






                                          AMERICAN SKANDIA LIFE ASSURANCE CORPORATION

                                                            Optimum
                                                          Optimum Four
                                                          Optimum Plus

                                          Supplement to Prospectuses Dated May 1, 2007
                                               Supplement dated November 19, 2007



     This  Supplement  should be read and  retained  with the current  Prospectus  for your  annuity.  This  Supplement  is
     intended to update certain  information in the Prospectus for the variable  annuity you own, and is not intended to be
     a prospectus or offer for any other  variable  annuity listed here that you do not own. If you would like another copy
     of the current Prospectus, please contact us at 1-888-PRU-2888.


     We are issuing this supplement to set forth eight  additional  Advanced Series Trust portfolios that are being offered
     as new variable investment options under each of the above-referenced  products.  In addition,  we describe changes to
     the Annuity Date  provisions  and set forth a new name of the principal  underwriter  of the  Annuities.  We also make
     certain other changes, as indicated herein.




I.  NEW SUB-ACCOUNTS

Effective  November 19, 2007,  the  underlying  portfolios  listed below are being offered as new  Sub-accounts  under your
annuity.  In order to reflect these additions:

     In the section of each  Prospectus  entitled  "Summary  of Contract  Expenses",  sub-section  "Underlying  Mutual Fund
     Portfolio Annual Expenses", under the heading "Advanced Series Trust", the following portfolios have been added:

- --------------------------------------------------------------------------------------------------------------------------------------
                                          UNDERLYING MUTUAL FUND PORTFOLIO ANNUAL EXPENSES
                              (as a percentage of the average net assets of the underlying Portfolios)
- --------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------ ---------------- ------------- ------------ ------------------- ---------------------------
                                                                                              Acquired              Total Annual
                                             Management      Other                            Portfolio
          UNDERLYING PORTFOLIO                  Fees          Expenses         12b-1           Fees &            Portfolio Operating
Advanced Series Trust:                                                          Fees          Expenses
                                                                                                                      Expenses
- ------------------------------------------ ---------------- ------------- ------------ ------------------- ---------------------------
- ------------------------------------------ ---------------- ------------- ------------ ------------------- ---------------------------


- ------------------------------------------ ---------------- ------------- ------------ ------------------- ---------------------------
- ------------------------------------------ ---------------- ------------- ------------ ------------------- ---------------------------
AST Balanced Asset Allocation(3)                0.15%          0.02%         0.00%           0.90%                   1.07%
- ------------------------------------------ ---------------- ------------- ------------ ------------------- ---------------------------
- ------------------------------------------ ---------------- ------------- ------------ ------------------- ---------------------------
AST Capital Growth Asset Allocation(3)          0.15%          0.02%         0.00%           0.95%                   1.12%
- ------------------------------------------ ---------------- ------------- ------------ ------------------- ---------------------------
- ------------------------------------------ ---------------- ------------- ------------ ------------------- ---------------------------
AST Cohen & Steers Realty                       1.00%          0.13%         0.00%           0.00%                   1.13%
- ------------------------------------------ ---------------- ------------- ------------ ------------------- ---------------------------
- ------------------------------------------ ---------------- ------------- ------------ ------------------- ---------------------------
AST Conservative Asset Allocation(3)            0.15%          0.04%         0.00%           0.89%                   1.08%
- ------------------------------------------ ---------------- ------------- ------------ ------------------- ---------------------------
- ------------------------------------------ ---------------- ------------- ------------ ------------------- ---------------------------
AST Mid-Cap Value Portfolio                     0.95%          0.21%         0.00%           0.00%                   1.16%
- ------------------------------------------ ---------------- ------------- ------------ ------------------- ---------------------------
- ------------------------------------------ ---------------- ------------- ------------ ------------------- ---------------------------
AST Neuberger Berman Mid-Cap Growth             0.90%          0.14%         0.00%           0.00%                   1.04%
- ------------------------------------------ ---------------- ------------- ------------ ------------------- ---------------------------
- ------------------------------------------ ---------------- ------------- ------------ ------------------- ---------------------------
AST Preservation Asset Allocation(3)            0.15%          0.08%         0.00%           0.82%                   1.05%
- ------------------------------------------ ---------------- ------------- ------------ ------------------- ---------------------------
- ------------------------------------------ ---------------- ------------- ------------ ------------------- ---------------------------
AST Western Asset Core Plus Bond                0.70%          0.12%         0.00%           0.00%                   0.82%
- ------------------------------------------ ---------------- ------------- ------------ ------------------- ---------------------------
3 The AST Balanced Asset Allocation  Portfolio,  AST Capital Growth Asset  Allocation  Portfolio,  AST  Conservative  Asset
Allocation  Portfolio,  and the AST  Preservation  Asset Allocation  Portfolio (the "Dynamic Asset Allocation  Portfolios")
each  invest in other  investment  companies  (the  Acquired  Portfolios).  For  example,  each  Dynamic  Asset  Allocation
Portfolio  invests in shares of other portfolios of the Advanced Series Trust,  and some Portfolios  invest in other funds,
including  the Dryden  Core  Investment  Fund.  Investors  in a  Portfolio  indirectly  bear the fees and  expenses  of the
Acquired  Portfolios.  The  expenses  shown in the column  entitled  "Acquired  Portfolio  Fees and  Expenses"  represent a
weighted  average of the expense  ratios of the  Acquired  Portfolios  in which each  Dynamic  Asset  Allocation  Portfolio
invested  during the year ended  December 31, 2006.  The Dynamic Asset  Allocation  Portfolios  do not pay any  transaction
fees when they purchase or redeem  shares of the Acquired  Portfolios.  Where  "Acquired  Portfolio  Fees and Expenses" are
less than 0.01%,  such expenses are included in "Other  Expenses."  This may cause the Total Annual  Operating  Expenses to
differ from those set forth in the Financial Highlights tables in the prospectus for the Portfolios.



The following is being added to the chart in each Prospectus in the section entitled "Investment Options":


- ----------------------- ----------------------------------------------------------------------------------- -------------------------
        STYLE/                                    INVESTMENT OBJECTIVES/POLICIES                                   PORTFOLIO
         TYPE                                                                                                       ADVISOR/
                                                                                                                  SUB-ADVISOR
                        ----------------------------------------------------------------------------------- -------------------------
- -------------------------------------------------------------------------------------------------------------------------------------
      AST FUNDS
- -------------------------------------------------------------------------------------------------------------------------------------
- -------------------------------------------------------------------------------------------------------------------------------------
                       AST Balanced Asset Allocation  Portfolio:  seeks the highest potential total return
                       consistent with its specified  level of risk  tolerance.  The Portfolio will invest
                       its assets in several other Advanced Series Trust  Portfolios.  Under normal market AST Investment Services,
  Asset Allocation/    conditions,  the Portfolio  will devote between 57.5% to 72.5% of its net assets to     Inc./ Prudential
       Balanced        underlying portfolios investing primarily in equity securities,  and 27.5% to 42.5%      Investments LLC
                       of its net assets to underlying  portfolios  investing primarily in debt securities
                       and money market instruments.
- -------------------------------------------------------------------------------------------------------------------------------------
- -------------------------------------------------------------------------------------------------------------------------------------
                       AST Capital Growth Asset Allocation  Portfolio:  seeks the highest  potential total
                       return  consistent with its specified  level of risk tolerance.  The Portfolio will
                       invest its assets in several other Advanced Series Trust  Portfolios.  Under normal AST Investment Services,
  Asset Allocation/    market  conditions,  the  Portfolio  will devote  between 72.5% to 87.5% of its net     Inc./ Prudential
       Balanced        assets to  underlying  portfolios  investing  primarily in equity  securities,  and      Investments LLC
                       12.5% to 27.5% of its net assets to underlying  portfolios  investing  primarily in
                       debt securities and money market instruments.
- -------------------------------------------------------------------------------------------------------------------------------------
- -------------------------------------------------------------------------------------------------------------------------------------
                       AST  Cohen & Steers  Realty  Portfolio:  seeks to  maximize  total  return  through
                       investment  in  real  estate  securities.  The  Portfolio  pursues  its  investment
                       objective by investing, under normal circumstances,  at least 80% of its net assets
                       in securities of real estate  issuers.  Under normal  circumstances,  the Portfolio
      Specialty        will  invest  substantially  all of its  assets in the  equity  securities  of real  Cohen & Steers Capital
                       estate  companies,  i.e., a company that derives at least 50% of its revenues  from     Management, Inc.
                       the ownership,  construction,  financing, management or sale of real estate or that
                       has at least 50% of its assets in real estate.  Real estate  companies  may include
                       real estate investment trusts (REITs).
- -------------------------------------------------------------------------------------------------------------------------------------
- -------------------------------------------------------------------------------------------------------------------------------------
                       AST Conservative  Asset  Allocation  Portfolio:  seeks the highest  potential total
                       return  consistent with its specified  level of risk tolerance.  The Portfolio will
                       invest its assets in several other Advanced Series Trust  Portfolios.  Under normal AST Investment Services,
  Asset Allocation/    market  conditions,  the  Portfolio  will devote  between 47.5% to 62.5% of its net     Inc./ Prudential
       Balanced        assets to  underlying  portfolios  investing  primarily in equity  securities,  and      Investments LLC
                       37.5% to 52.5% of its net assets to underlying  portfolios  investing  primarily in
                       debt securities and money market instruments.
- -------------------------------------------------------------------------------------------------------------------------------------
- -------------------------------------------------------------------------------------------------------------------------------------
       Mid Cap         AST Mid  Cap  Value  Portfolio:  seeks  to  provide  capital  growth  by  investing
                       primarily  in  mid-capitalization  stocks  that  appear  to  be  undervalued.   The
                       Portfolio generally invests, under normal circumstances,  at least 80% of the value     EARNEST Partners
                       of its net assets in  mid-capitalization  companies.  Mid-capitalization  companies     LLC/WEDGE Capital
        Value          are  generally  those that have market  capitalizations,  at the time of  purchase,      Management, LLP
                       within the market  capitalization range of companies included in the Russell Midcap
                       Value Index during the previous 12-months based on month-end data.
- -------------------------------------------------------------------------------------------------------------------------------------
- -------------------------------------------------------------------------------------------------------------------------------------
    Mid Cap Growth     AST Neuberger Berman Mid-Cap Growth Portfolio:  seeks capital growth.  Under normal     Neuberger Berman
                       market  conditions,  the  Portfolio  invests  at least 80% of its net assets in the
                       common stocks of  mid-capitalization  companies.  Mid-capitalization  companies are
                       those  companies  whose  market  capitalization  is  within  the  range  of  market
                       capitalizations   of  companies  in  the  Russell   Midcap  Growth   Index.   Using
                       fundamental   research  and  quantitative   analysis,   the  subadviser  looks  for      Management Inc.
                       fast-growing companies that are in new or rapidly evolving industries.
- -------------------------------------------------------------------------------------------------------------------------------------
- -------------------------------------------------------------------------------------------------------------------------------------
                       AST Preservation  Asset  Allocation  Portfolio:  seeks the highest  potential total
                       return  consistent with its specified  level of risk tolerance.  The Portfolio will
                       invest its assets in several other Advanced Series Trust  Portfolios.  Under normal AST Investment Services,
  Asset Allocation/    market  conditions,  the  Portfolio  will devote  between 27.5% to 42.5% of its net     Inc./ Prudential
       Balanced        assets to  underlying  portfolios  investing  primarily in equity  securities,  and      Investments LLC
                       57.5% to 72.5% of its net assets to underlying  portfolios  investing  primarily in
                       debt securities and money market instruments.
- -------------------------------------------------------------------------------------------------------------------------------------
- -------------------------------------------------------------------------------------------------------------------------------------
     Fixed Income      AST  Western  Asset  Core Plus Bond  Portfolio:  seeks to  maximize  total  return, Western Asset Management
                       consistent with prudent investment  management and liquidity needs, by investing to          Company
                       obtain its average  specified  duration.  The  Portfolio's  current  target average
                       duration is generally  2.5 to 7 years.  The  Portfolio  pursues  this  objective by
                       investing in all major fixed income sectors with a bias towards non-Treasuries.
- -------------------------------------------------------------------------------------------------------------------------------------


II.  CHANGES TO ANNUITY DATE PROVISIONS

In the "ACCESS TO ACCOUNT  VALUE" section of each  prospectus,  under the heading  entitled "What types of Annuity  Options
are  Available"  we revise the first  sentence of the second  paragraph to read "You may choose an Annuity Date, an annuity
option and the frequency of annuity payments."

In the "MANAGING YOUR ANNUITY" section of each prospectus, under the heading entitled "May I Change the Owner, Annuitant
and Beneficiary Designations?" we delete the third bullet that reads,  "a new Annuitant if the latest Annuity Date would
be earlier than prior to the change."

III.  NAME CHANGE OF PRINCIPAL UNDERWRITER


In the General Information section of each prospectus, under the heading entitled "Who Distributes Annuities  . . .", we
identify American Skandia Marketing, Incorporated (ASM) as the principal underwriter and distributor of the Annuities.
Effective on November 1, 2007, ASM has changed its name to Prudential Annuities Distributors, Inc. ("PAD").  Accordingly,
we replace the first four sentences under "Who Distributes Annuities Offered By  . . " with the following, and in the
remainder of that section, replace references to ASM with PAD:

"Prudential Annuities Distributors, Inc. (PAD) (formerly, American Skandia Marketing, Incorporated), a wholly-owned
subsidiary of Prudential Annuities, Inc., is the distributor and principal underwriter of the Annuities offered through
this prospectus.   PAD acts as the distributor of a number of annuity and life insurance products, and is the
co-distributor of the Advanced Series Trust.  PAD's principal business address is One Corporate Drive, Shelton,
Connecticut 06484.  PAD is registered as a broker-dealer under the Securities Exchange Act of 1934 (Exchange Act), and is
a member of the National Association of Securities Dealers, Inc. (NASD)."

IV.  CHANGE TO APPENDIX F:  ANNUITIES APPROVED FOR SALE BY THE NEW YORK STATE INSURANCE DEPARTMENT


We amend the line item concerning Optional Living Benefits to also refer to Highest Daily Lifetime Five, for each of
Optimum Four NY, Optimum NY, and Optimum Plus NY.








                                                              SIGNATURES

Pursuant to the requirements of the Securities Act of 1933, the Registrant certifies that it has reasonable grounds to believe that
it meets all of the requirements for filing on Form S-3 and has duly caused this registration statement to be signed on its behalf on
the 20th day of September, 2007.

                                              AMERICAN SKANDIA LIFE ASSURANCE CORPORATION
                                                               Depositor


/s/C. Christopher Sprague
______________________________________
C. Christopher Sprague, Vice President, Corporate Counsel


As required by the Securities Act of 1933, this  Registration  Statement has been signed by the following persons in the capacities and
on the date indicated.

Signature                                                                Title                                     Date
                                                             (Principal Executive Officer)
David R. Odenath*                                        Chief Executive Officer and President            September 20, 2007
David R. Odenath
                                                           (Principal Financial Officer and
                                                             Principal Accounting Officer)
Kenneth Y. Tanji*                                Executive Vice President and Chief Financial Officer
Kenneth Y. Tanji



                                                                 (Board of Directors)
James Avery*                                                       Kenneth Y. Tanji*                      Helen Galt*
James Avery                                                        Kenneth Y. Tanji                       Helen Galt

David R. Odenath*                                                                                         Bernard J. Jacob*
David R. Odenath                                                                                          Bernard J. Jacob



                                  By:___/s/C. Christopher Sprague_______
                                          C. Christopher Sprague

                    *Executed by C. Christopher Sprague on behalf of those indicated pursuant to Power of Attorney






                                                               Exhibits

                                   Exhibit 23a Consent of PricewaterhouseCoopers LLP. FILED HEREWITH


EX-99.J 2 pwcs3con0920.htm PWC CONSENT PwC consent
                                                      Consent of Independent Registered Public Accounting Firm



We hereby consent to the incorporation by reference in this Registration Statement on Form S-3 of our report dated March 23, 2007
relating to the financial statements, which appears in American Skandia Life Assurance Corporation Company's Annual Report on Form
10-K for the year ended December 31, 2006.

PricewaterhouseCoopers LLP
New York, New York
September 20, 2007

-----END PRIVACY-ENHANCED MESSAGE-----