Supplement dated January 14, 1999,
To
Prospectus
dated July 2, 1998, revised January 1, 1999,
For
TRANSAMERICA SERIES sm TRANSAMERICA CLASSIC sm VARIABLE ANNUITY
A Flexible Premium Deferred Variable Annuity
Issued by
Transamerica Life Insurance Company of New York
100 Manhattanville Road, Purchase, New York 10577
Page 25 of the prospectus is amended to provide that:
Contracts normally will not be issued with respect to owners, joint owners, or
annuitants more than 85 years old, although Transamerica in its discretion may
waive this restriction in appropriate cases. Transamerica further reserves the
right to not accept premiums after the owners' (or annuitants' if non-individual
owner) 86th birthday.