NOTICE TO EXISTING OWNERS
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    Prospectuses for policies or contracts often undergo certain changes in
 their terms from year to year to reflect changes in the policies or contracts.
  The changes include such things as the liberalization of benefits, the
 exercise of rights reserved under the policy or contract, the alteration of
 administrative procedures and changes in the investment options available.
  Any such change may or may not apply to policies or contracts issued prior to
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 the effective date of the change.  This product prospectus reflects the status
 of the product as of May 1, 2004.  Therefore, this prospectus may contain
 information that is inapplicable to your policy or contract.  Moreover, there
 may be Supplements and fund prospectuses included in this package pertaining
 to variable investment options that are not available to you. You should
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 consult your policy or contract to verify whether any particular provision
 applies to you and whether you may elect any particular investment option.  In
 the event of any conflict between this prospectus and your policy or contract,
 the terms of your policy or contract will control.