Supplement to Prospectus Dated May 1, 1995 
Supplement Dated July 13, 1995 
 
On page 1 of the Prospectus, in the fifth sentence of the fourth paragraph, 
replace the first word in the sentence "Otherwise" with the following: "You 
are cautioned that with respect to the Fixed Investment Options during the 
accumulation phase" 
 
On page 11 of the Prospectus under the caption "Underlying Mutual Fund 
Portfolio Annual Expenses (as a percentage of average net assets)" the 
following underlying mutual funds' expenses are corrected as follows:  
Federated Utility Income's "Management Fee without any applicable 
reimbursement" is corrected to read 0.71% and "Other Expenses without any 
applicable reimbursement" is corrected to read 0.28%; PIMCO Total Return 
Bond's "Other Expenses without any applicable reimbursement" is corrected 
to read 0.37%; AST Phoenix Balanced Asset's "Management Fee without any 
applicable reimbursement" is corrected to read 0.71% and "Other Expenses 
without any applicable reimbursement" is corrected to read 0.28%; AST Money 
Market's "Management Fee after any applicable reimbursement" is corrected 
to read 0.49% and "Other Expenses after any applicable reimbursement" is 
corrected to read 0.15%. 
 
The following is added after the first paragraph under "Distribution" 
located on page 47 of the Prospectus: 
 
As of the date of this Prospectus, we expect to pay an on-going service fee 
in relation to providing certain statistical information upon request by 
Owners about the variable investment options and the underlying mutual fund 
portfolios.  The fee is payable to the service providers based on your 
Annuity's Account Value maintained in the variable investment options.  No 
fee is payable based on any Account Values maintained in any Fixed 
Allocations.  Under most circumstances, we will engage the broker-dealer of 
record for your Annuity, or the entity of record if such entity could offer 
Annuities with registration as a broker-dealer (i.e. certain banks), to be 
your resource for the statistical information, and to be available upon 
your request to both provide and explain such information to you.  The 
broker-dealer of record or the entity of record is the firm which sold you 
the Annuity, unless later changed.  Some portion of the fee we pay for this 
service may be payable to your representative.  Therefore, your 
representative may receive on-going service fee compensation, but only in 
relation to Account Values maintained in variable investment options. 
 
 
ASAP 2 - SUPP (7/95)