Rule 497(c)
                                                     Registration No. 333-82957

                        SUPPLEMENT DATED JANUARY 3, 2000

                                       TO

                         PROFILE DATED OCTOBER 14, 1999
                                       AND
                        PROSPECTUS DATED OCTOBER 14, 1999

                                       FOR

                                FUTURITY ACCOLADE
                           VARIABLE AND FIXED ANNUITY

              ISSUED BY SUN LIFE ASSURANCE COMPANY OF CANADA (U.S.)


         Effective January 3, 2000, for all Futurity Accolade Variable and
Fixed Annuity Contracts ("Accolade Contracts") issued on or after October 14,
1999, we will:

     -    waive the 2% and 1% withdrawal charges on all Purchase Payments you
          make in Account Years 7 and 8, respectively; and

     -    reduce the charge you pay for an optional death benefit rider if your
          were at least 70 but less than 80 years old on the Contract Date from
          0.40% to 0.20% of your average daily Contract value.

All references to the 2% and 1% withdrawal charges contained in the Profile
("Profile") and the Prospectus ("Prospectus") for the Futurity Accolade Variable
and Fixed Annuity, each dated October 14, 1999, should be disregarded.

         Additionally, effective January 3, 2000, all references in the Profile
and Prospectus to a 0.40% charge for option death benefit riders should be
changed to a 0.20% charge.



         THIS SUPPLEMENT IS NOT VALID UNLESS ACCOMPANIED BY OR PRECEDED BY THE
CURRENT PROSPECTUS OF THE FUTURITY ACCOLADE VARIABLE AND FIXED ANNUITY, DATED
OCTOBER 14, 1999, AND SHOULD BE READ TOGETHER WITH THE PROSPECTUS, AND THE
CURRENT PROSPECTUSES OF THE FUNDS. THIS SUPPLEMENT AND THE PROSPECTUSES SHOULD
BE READ AND RETAINED FOR FURTHER REFERENCE.



FUT 892