File No. 333-28755, 811-05626
                                            Filed under Rule 497(e)

              GOLDEN AMERICAN INSURANCE COMPANY

                    PROSPECTUS SUPPLEMENT

                   DATED FEBRUARY 18, 1999


                      Supplement to the
            Prospectus dated December 7, 1998 for
  DEFERRED COMBINATION VARIABLE AND FIXED ANNUITY CONTRACT
                           issued
          by Golden American Life Insurance Company
        (the "GoldenSelect Premium Plus Prospectus")

                         __________


  This supplement should be retained with your Prospectus.



The   following  information  supplements  the  GoldenSelect
Premium Plus Prospectus. Capitalized terms have the meanings
described in the Prospectus.

For  any  Contract whose Owner (older Owner in the  case  of
joint  owners)  or  Annuitant (when  the  Owner  is  not  an
individual)  has  an Attained Age of less  than  70,  Golden
American Life Insurance Company ("Golden American") will add
a  Credit of 5% to any premium paid on any existing  or  new
Contract on or after March 1, 1999, with one exception which
is  described  below.   This 5%  Credit  consists  of  a  4%
contractual  guarantee  and a 1%  credit  enhancement.   The
credit  enhancement on future premium payments (but not  the
contractual  guarantee)  may be  reduced  or  eliminated  at
Golden American's option at anytime with 30 days notice.

EXCEPTION TO ADDITION OF 1% CREDIT ENHANCEMENT:  Because  of
potential  interest rate differences, premium  payments  for
exchange  transactions under Section 1035  of  the  Internal
Revenue Code pending on March 1, 1999 may not receive the 5%
Credit.   Any  eligible application with one or  more  fixed
allocations selected, and for which Golden American has  not
yet  received  funding,  will  receive  the  4%  Credit   as
described  in  the prospectus unless the applicant  requests
otherwise  in  writing, subject to our rules, prior  to  our
receipt of the funding.  In addition to receiving the credit
enhancement,  the fixed allocation(s) provided  for  in  the
contract  when  issued  will be subject  to  interest  rates
(which may be lower) then in effect at issue.



G3760-Credit 02/98                              PPCredit.doc