Rule 424(b)(3)
333-100068
The following is a supplement to your Allstate Advisor Variable Annuities
(Advisor, Advisor Preferred) prospectus. Please review and retain this
supplement with your current prospectus. If you have any questions, call
1-800-203-0068.
Allstate Life Insurance Company
Allstate Financial Advisors Separate Account I
Supplement, dated August 8, 2005
to the
Prospectus dated April 30, 2005 for
The Allstate Advisor Variable Annuities
(Advisor, Advisor Preferred)
This supplement amends the above-referenced prospectus for the Allstate Advisor
and the Allstate Advisor Preferred variable annuity contracts (the "Contracts"),
offered by Allstate Life Insurance Company. Please keep this supplement for
future reference together with your prospectus. All capitalized terms have the
same meaning as those included in the prospectus.
The supplement describes changes to (1) names, (2) management fees and total
portfolio annual expenses, (3) fee waivers and expense reimbursements and (4)
investments goals for certain Portfolios in which the Variable Sub-Accounts
available under your Contracts invest. For more complete information about
these changes, please refer to the accompanying supplement, dated August 1, 2005
to the prospectus dated May 1, 2005, for these Portfolios.
Your prospectus is amended as follows:
Effective August 1, 2005, the STI Classic Growth and Income Fund was renamed the
STI Classic Large Cap Relative Value Fund. Accordingly, all references in the
prospectus to the STI Classic Growth and Income Fund should be changed to the
STI Classic Large Cap Relative Value Fund. We have made a corresponding change
to the name of the Variable Sub-Account that invests in this Portfolio.
Effective August 1, 2005, the STI Classic Value Income Stock Fund was renamed
the STI Classic Large Cap Value Equity Fund. Accordingly, all references in the
prospectus to the STI Classic Value Income Stock Fund should be changed to the
STI Classic Large Cap Value Equity Fund. We have made a corresponding change to
the name of the Variable Sub-Account that invests in this Portfolio.
Page 13: Replace the following Portfolios listed under the subheading "Portfolio
Annual Expenses - Full Table (1) " under the heading "Expense Table" with the
following:
- ----------------------------------------------------- --------------- ------------ -------------- -----------
PORTFOLIO Management Rule 12b-1 Other Total
Fees Fees Expenses Annual
Portfolio
Expenses
- ----------------------------------------------------- --------------- ------------ -------------- -----------
- ----------------------------------------------------- --------------- ------------ -------------- -----------
STI Classic Capital Appreciation Fund (2) 0.97% N/A 0.28% 1.25%
- ----------------------------------------------------- --------------- ------------ -------------- -----------
- ----------------------------------------------------- --------------- ------------ -------------- -----------
STI Classic Large Cap Relative Value Fund (2)(16) 0.85% N/A 0.63% 1.48%
- ----------------------------------------------------- --------------- ------------ -------------- -----------
- ----------------------------------------------------- --------------- ------------ -------------- -----------
STI Classic International Equity (2) 1.15% N/A 2.64% 3.79%
- ----------------------------------------------------- --------------- ------------ -------------- -----------
- ----------------------------------------------------- --------------- ------------ -------------- -----------
STI Classic Investment Grade Bond (2) 0.50% N/A 0.45% 0.95%
- ----------------------------------------------------- --------------- ------------ -------------- -----------
- ----------------------------------------------------- --------------- ------------ -------------- -----------
STI Classic Mid-Cap Equity Bond (2) 1.00% N/A 0.50% 1.50%
- ----------------------------------------------------- --------------- ------------ -------------- -----------
- ----------------------------------------------------- --------------- ------------ -------------- -----------
STI Classic Small Cap Value Equity Fund (2) 1.15% N/A 0.42% 1.57%
- ----------------------------------------------------- --------------- ------------ -------------- -----------
- ----------------------------------------------------- --------------- ------------ -------------- -----------
STI Classic Large Cap Value Equity Fund (2)(17) 0.80% N/A 0.31% 1.11%
- ----------------------------------------------------- --------------- ------------ -------------- -----------
Page 14: Replace footnote (2) listed under the subheading "Portfolio Annual
Expenses - Full Table (1) " under the heading "Expense Table" with the following
footnote (2):
(2) Expense information has been adjusted to reflect current management fees in
effect as of August 1, 2005. Effective August 1, 2005, the Investment Adviser
has contractually agreed to waive fees and reimburse Portfolio expenses until at
least August 1, 2006 in order to keep total annual operating expenses from
exceeding an applicable expense limit (expense cap) as shown in the "Fee Waivers
and Expense Reimbursements" and "Net Expenses (expense cap)" columns below. If
at any point before August 1, 2008, total annual operating expenses are less
than the expense cap shown below, the Adviser may retain the difference to
recapture any of the prior waivers or reimbursements.
- ----------------------------- --------------- ------- ------------ --------------- ---------------- ---------------
PORTFOLIO Management Rule Other Total Annual Fee Waivers Net Expenses
Fees 12b-1 Expenses Portfolio and Expense (expense cap)
Fees Expenses Reimbursements
- ----------------------------- --------------- ------- ------------ --------------- ---------------- ---------------
- ----------------------------- --------------- ------- ------------ --------------- ---------------- ---------------
STI Classic Capital 0.97% N/A 0.28% 1.25% (0.13)% 1.12%
Appreciation Fund
- ----------------------------- --------------- ------- ------------ --------------- ---------------- ---------------
- ----------------------------- --------------- ------- ------------ --------------- ---------------- ---------------
STI Classic Large Cap 0.85% N/A 0.63% 1.48% (0.48%) 1.00%
Relative Value Fund
(formerly STI Classic
Growth and Income Fund)
- ----------------------------- --------------- ------- ------------ --------------- ---------------- ---------------
- ----------------------------- --------------- ------- ------------ --------------- ---------------- ---------------
STI Classic International 1.15% N/A 2.64% 3.79% (2.49)% 1.30%
Equity
- ----------------------------- --------------- ------- ------------ --------------- ---------------- ---------------
- ----------------------------- --------------- ------- ------------ --------------- ---------------- ---------------
STI Classic Investment 0.50% N/A 0.45% 0.95% (0.30%) 0.65%
Grade Bond
- ----------------------------- --------------- ------- ------------ --------------- ---------------- ---------------
- ----------------------------- --------------- ------- ------------ --------------- ---------------- ---------------
STI Classic Mid-Cap Equity 1.00% N/A 0.50% 1.50% (0.35%) 1.15%
Bond
- ----------------------------- --------------- ------- ------------ --------------- ---------------- ---------------
- ----------------------------- --------------- ------- ------------ --------------- ---------------- ---------------
STI Classic Small Cap Value 1.15 N/A 0.42% 1.57% (0.37%) 1.20%
Equity Fund
- ----------------------------- --------------- ------- ------------ --------------- ---------------- ---------------
- ----------------------------- --------------- ------- ------------ --------------- ---------------- ---------------
STI Classic Large Cap Value 0.80% N/A 0.31% 1.11% (0.16%) 0.95%
Equity Fund
(formerly STI Classic Value
Income Stock Fund)
- ----------------------------- --------------- ------- ------------ --------------- ---------------- ---------------
Page 16: Add the following footnotes to the footnotes listed under the
subheading "Portfolio Annual Expenses - Full Table (1) " under the heading
"Expense Table"
(16) Effective August 1, 2005, the STI Classic Growth and Income Fund changed
its name to the STI Classic Large Cap Relative Value Fund.
(17) Effective August 1, 2005, the STI Classic Value Income Stock Fund changed
its name to the STI Classic Large Cap Value Equity Fund.
Page 34: Effective October 1, 2005, replace the investment goals listed for the
STI Classic Large Cap Value Equity Fund (formerly the STI Classic Value Income
Stock Fund) under the heading "Investment Alternatives: The Variable
Sub-Accounts" with the following:
Capital appreciation with the secondary goal of current income.