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RETIREMENT INCOME BUILDER II VARIABLE ANNUITY
Issued by
PFL Life Insurance Company
Supplement Dated September 1, 2000
to the
Prospectus dated May 1, 2000
Effective September 1, 2000, the WRL Janus Global subaccount is closed to new
investors. This means the WRL Janus Global subaccount is not available to anyone
who purchases a policy after September 1, 2000. This also means that if you
purchased a policy before September 1, 2000, but did not have any policy value
in the WRL Janus Global subaccount on September 1, 2000, then you cannot elect
this investment option.
If you have policy value in the WRL Janus Global subaccount on September 1,
2000, you may do all of the following (subject to the terms and conditions
contained in the Prospectus) as long as you maintain a balance in the WRL Janus
Global subaccount:
. allocate additional premium payments to the WRL Janus Global
subaccount;
. transfer into or out of the WRL Janus Global subaccount;
. withdraw amounts from the WRL Janus Global subaccount; and
. maintain your current investment in the WRL Janus Global subaccount.
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Please Note:
If at any time you transfer or withdraw all of your policy value from
the WRL Janus Global subaccount, then you can no longer invest in the
WRL Janus Global subaccount.
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This Prospectus Supplement must be accompanied
by the Prospectus for the
Retirement Income Builder II Variable Annuity dated May 1, 2000
