-----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, BhAJVJ7H7BFzXy2ApRSM+ciimHlT4Hm15E1CQDTo/dTH2JIZrYW82309Nooa6Cr8 hk3MGD9DrwHxDn0fW+xiqg== 0000881453-02-000053.txt : 20020415 0000881453-02-000053.hdr.sgml : 20020415 ACCESSION NUMBER: 0000881453-02-000053 CONFORMED SUBMISSION TYPE: 424B3 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20020325 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: 424B3 SEC ACT: 1933 Act SEC FILE NUMBER: 333-55608 FILM NUMBER: 02583620 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 424B3 1 aslii424b3_03-02.htm ASL II S-2 asl II 
ASL II/ASL II Premier - SUPP. (3/25/2002)
                                  Supplement to Prospectus Dated January 17, 2002
                                          Supplement dated March 25, 2002

This  Supplement  should be retained with the current  Prospectus  for your  variable  annuity  contract  issued by
American  Skandia  Life  Assurance  Corporation  ("American  Skandia").  If you do not have a  current  Prospectus,
please contact American Skandia at 1-800-SKANDIA.

Guarantee Return Option (GRO) SM Promotion

The following  provision is inserted in the section of the Prospectus  entitled  "Guaranteed Return Option (GRO)SM"
- - "Charges under the Program".

Owners who purchase the Annuity  between  February 4, 2002 and August 2, 2002 (the  "Promotional  Period") will not
be charged  the 0.25%  annual  fee for the  Guarantee  Return  Option  program  if elected at any time while  their
Annuity is in effect.

|X|      American  Skandia will not charge the 0.25% annual fee for the entire  period that the program  remains in
     effect,  including  any  extension of the  program's  maturity  date  resulting  from the Owner's  election to
     restart the 7-year  program  duration,  regardless  of when the Owner elects to  participate  in the Guarantee
     Return Option program.
|X|      Owners who complete the initial  7-year  program  duration OR terminate  the program  before the program's
     maturity  date,  will not be charged the 0.25% annual fee for  participating  in the program if they  re-elect
     the Guarantee Return Option program at a later date.
|X|      To qualify for the waiver of the 0.25% annual fee,  American  Skandia must receive an application  for the
     Annuity during the Promotional Period, which meets all of our requirements.
|X|      All other terms and  conditions  of the Annuity and the Guarantee  Return  Option  program apply to Owners
     who qualify for the waiver of the 0.25% annual fee.
|X|      Owners who purchase the Annuity after the  completion of the  Promotional  Period will not qualify for the
     0.25% annual fee waiver.
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