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Supplement dated August 24, 2000
To Prospectus dated May 1, 2000
For GE Capital Life Separate Account II
P1066 6/97
The purpose of this supplement is to modify certain information contained in
your prospectus dated May 1, 2000. The changes reflected in this supplement
relate to the following sections of your prospectus:
Definitions, Surrender Value (page 5)
Amended to read:
The Account Value (after deduction of any policy maintenance charge and any
optional benefit charges) less any applicable surrender charge.
Account II, Investment Subdivisions (page 27)
The investment objective for Janus Aspen Series Capital Appreciation Portfolio
is amended to read:
Non-diversified portfolio pursing long-term growth of capital. Pursues
this objective by investing primarily in common stocks of companies of any
size.
Account II, Changes to Account II and the Investment Subdivisions (page 30)
Second paragraph, prior to the last sentence, the following is added:
We will not eliminate an Investment Subdivisions without prior notice to
you and before approval of the SEC.
Transfers, Transfer Before the Maturity Date (page 40)
First paragraph, prior to the last sentence the following is added:
For this reason, there may be limitations placed on multiple transfer
requests made at different times during the same Valuation Period involving
the same Investment Subdivision of the Separate Account or the Guarantee
Account.
Transfers, Transfers by Third Parties (page 41)
The last sentence is amended to read:
Therefore, as described in your Policy, we may limit or disallow transfers
made by a third party.
Transfers (page 41)
The following section is added after Transfers by Third Parties:
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ON LINE TRANSFERS
We permit certain transactions to be performed through an electronic
process using the Internet (including transfers). We may be liable for
losses resulting from unauthorized or fraudulent electronic transactions if
we fail to employ reasonable procedures to confirm that the electronic
instructions that we receive our genuine. Therefore, we will employ means
to prevent unauthorized or fraudulent electronic requests, such as sending
written confirmation, retaining a record of electronic requests, and/or
requesting other identifying information. Unless you notify us in writing
not to authorize electronic transactions, such transaction will also be
accepted on your behalf from your registered representative. We reserve
the right to limit electronic transactions.
To request an electronic transaction, you should go to the Universal
Resource Locator ("URL") established for such purposes,
http://GEFinancialService.com. We will execute transfer requests received
before the close of regular trading on the New York Stock Exchange on a
Valuation Day at that day's prices. We will execute requests received after
that time on the next Valuation Day at that day's prices.
Income Payments, Variable Income Payments (page 51)
Item 2 is amended to read:
2. The annuity tables contained in the Policy including the settlement age
tables;
Appendix, Adjusted Historical performance Data (page A-3)
The first sentence of the last paragraph on this page is amended to read:
Based on the method of calculation described in the Statement of Additional
Information, the adjusted historic annual total returns for the portfolios
for periods from the time a particular portfolio was declared effective by
the SEC to December 31, 1999, and for one, five and ten year periods ended
December 31, 1999 is shown in Tables 2 and 3.
This Supplement should be retained with your Prospectus for future reference.
Customer Service Line: 800-313-5282
GE Life and Annuity Assurance Company
6610 West Broad Street
Richmond, Virginia 23230
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