0001021408-01-507726.txt : 20011010 0001021408-01-507726.hdr.sgml : 20011010 ACCESSION NUMBER: 0001021408-01-507726 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20011005 FILER: COMPANY DATA: COMPANY CONFORMED NAME: WRL SERIES LIFE ACCOUNT CENTRAL INDEX KEY: 0000778209 STANDARD INDUSTRIAL CLASSIFICATION: [] STATE OF INCORPORATION: OH FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-05143 FILM NUMBER: 1752501 BUSINESS ADDRESS: STREET 1: 570 CARILLON PARKWAY CITY: ST PETERSBURG STATE: FL ZIP: 33716 BUSINESS PHONE: 2722991800 MAIL ADDRESS: STREET 1: 201 HIGHLAND AVENUE CITY: LARGO STATE: FL ZIP: 33770 497 1 d497.txt FREEDOM SP PLUS SUPPLEMENT OCT 5, 2001 SUPPLEMENT DATED OCTOBER 5, 2001 TO PROSPECTUS DATED MAY 1, 1994 AS SUPPLEMENTED MAY 1, 2001 AND AUGUST 24, 2001 WRL FREEDOM SP PLUS (R) Issued through WRL Series Life Account By Western Reserve Life Assurance Co. of Ohio The following information supplements information provided on page 7, fifth --------------------------------------------------------------------------- paragraph of the Prospectus under the heading "11. What Charges are Assessed in ------------------------------------------------------------------------------- Connection with the Policy?" ---------------------------- Effective October 5, 2001, American Century Investment Management, Inc. will become sub-adviser to the International Equity (formerly, GE International Equity) portfolio of the AEGON/Transamerica Series Fund, Inc. Effective March 1, 2002, the name of the International Equity will be changed to American Century International. Prior to October 5, 2001, GE International Equity was sub-advised by GE Asset Management Incorporated. Portfolio Rate --------- ----- International Equity (formerly 1.00% WRL GE International Equity) The following information is added to the Annual Portfolio Operating Expenses Table on page 8 of the Prospectus:
----------------------------------------------------------------------------------------------------- Management Other Rule Total Portfolio Portfolio Fees Expenses 12b-1 Annual Expenses Fees ----------------------------------------------------------------------------------------------------- International Equity 1.00%* 0.20% N/A 1.20% -----------------------------------------------------------------------------------------------------
The following is added to the table in footnote (8) of the Prospectus: ----------------------------------------------------------------------
----------------------------------------------------------------------------------------------------- Expense Reimbursement Expense Ratio Without Portfolio Limit Amount Reimbursement ----------------------------------------------------------------------------------------------------- International Equity 1.20%* N/A N/A -----------------------------------------------------------------------------------------------------
* Effective March 1, 2002 this expense limit will be increased to 1.50%. The following information supplements information provided on pages 22-23 of the -------------------------------------------------------------------------------- Prospectus under the heading "Investments of the Series Account - WRL Series ---------------------------------------------------------------------------- Fund, Inc.": -----------
------------------------------------------------------------------------------------------------------------------- Portfolio Sub-Adviser Investment Objective --------- ----------- -------------------- International American Century Investment Seeks long-term growth of capital. Equity Management, Inc. -------------------------------------------------------------------------------------------------------------------
All other references throughout the prospectus to the WRL GE International Equity portfolio are changed to WRL International Equity.