DREYFUS/TRANSAMERICA TRIPLE ADVANTAGE® VARIABLE ANNUITY
Issued by
TRANSAMERICA LIFE INSURANCE COMPANY
SEPARATE ACCOUNT VA-2L
Supplement dated March 30, 2020
to the
Prospectus dated May 1, 2017
Effective on or about April 30, 2020 (the Liquidation Date), due to the liquidation of the underlying portfolios listed below (the Portfolios), the subaccounts listed below (the Subaccounts) will be liquidated.
SUBACCOUNT NAME | PORTFOLIO NAME | SUBADVISOR | ||
International Equity Portfolio | International Equity Portfolio | BNY Mellon Investment Adviser, Inc. | ||
International Value Portfolio | International Value Portfolio | BNY Mellon Investment Adviser, Inc. |
Prior to the Liquidation Date, you may transfer any contract value allocated to the Subaccounts to any other subaccounts available in your policy. These transfers will not count against the number of free transfers permitted annually.
If you still have contract value allocated to the Subaccounts on the Liquidation Date, shares of the Portfolios held for you in the Subaccounts will be exchanged for shares of the Government Money Market Portfolio (the Money Market Portfolio), of equal value on the Liquidation Date, and held in the Government Money Market Portfolio subaccount (the Money Market Subaccount).
As of the start of business on the Liquidation Date, you may no longer use automated transfer features such as Rebalancing or Dollar Cost Averaging with the Subaccounts for the Portfolios. If you are using an automated transfer feature such as Rebalancing or Dollar Cost Averaging with the Subaccounts for the Portfolios, you should contact us immediately to make alternate arrangements. If you have not made alternate arrangements by the Liquidation Date, any subsequent allocations to the Subaccounts for the Portfolios will be directed to the Money Market Subaccount.
This Prospectus Supplement must be accompanied or preceded
by the Prospectus for the above referenced Variable Annuities