Supplement dated August 30, 1999
to Prospectus Dated May 1, 1999
for GE Life & Annuity Separate Account 4
P1151 1/99
The purpose of this supplement is to revise or modify certain information
contained in your prospectus dated May 1, 1999. The changes made in this
supplement relate to the following sections of your prospectus: Account 4; The
Policy; The Death Benefit; Income Payments; and Requesting Payments.
Account 4 -- Investment Subdivisions
o VIP Overseas Portfolio of Variable Insurance Products Fund is subadvised by
Fidelity Management & Research (U.K.) Inc., Fidelity Management & Research
Far East Inc., Fidelity International Investment Advisors and Fidelity
International Investment Advisors (U.K.) Limited. (page 13)
o VIP II Contrafund Portfolio of Variable Insurance Products Fund II is
subadvised by Fidelity Management & Research (U.K.) Inc. and Fidelity
Management & Research Far East Inc. (page 14)
o VIP III Growth & Income Portfolio of Variable Insurance Products Fund III
is subadvised by Fidelity Management & Research (U.K.) Inc. and Fidelity
Management & Research Far East Inc. (page 14)
o VIP III Growth Opportunities Portfolio of Variable Insurance Products Fund
III is subadvised by Fidelity Management & Research (U.K.) Inc. and
Fidelity Management & Research Far East Inc. (page 15)
o VIP II Asset Manager Portfolio of Variable Insurance Products Fund II is
subadvised by Fidelity Management & Research (U.K.) Inc. and Fidelity
Management & Research Far East Inc. (page 16)
o Federated Insurance Series High Income Bond Fund II is advised by
Federated Investment Management Company. (page 17)
o The Salomon Brothers Variable Series Funds Strategic Bond Fund should be
characterized as a "Global Bond" fund rather than as a "Domestic Bond" fund
wherever categories are reflected in the prospectus. (page 17; see also
pages 7 and 9)
The Policy - Dollar-Cost Averaging
o Add the following to the end of the second paragraph:
The dollar-cost averaging program will begin 30 days after we receive
your money, unless you specify an earlier date. (page 23)
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The Death Benefit -- Death of an Owner or Joint Owner Before the Maturity Date
o In the Distribution Rules section, add the following at the end of the
paragraph regarding Spouses:
The Account Value on the date we receive due proof of death of the
Annuitant will be set equal to the Death Benefit on that date. Any
increase in the Account Value will be allocated to the Investment
Subdivisions using the premium allocation in effect at that time. Any
Death Benefit payable subsequently (at the death of the new Annuitant)
will be based on the new Annuitant's age on the Policy Date, rather
than the age of the previously deceased Annuitant. (page 26)
Income Payments
o Delete the first sentence in the first paragraph and replace it with the
following:
The Maturity Date is provided in the Policy, unless changed after
issue. You may change the Maturity Date until income payments begin.
However, the Maturity Date cannot be a date later than the Policy
anniversary on which the Annuitant reaches age 90, unless we approve a
later date. To make a change, send a written notice to our Home Office
before the Maturity Date then in effect. If you change the Maturity
Date, Maturity Date will then mean the new Maturity Date you selected.
(page 27)
Requesting Payments
o Delete the last sentence of the first paragraph and replace it with the
following:
We will determine the amount as of the end of the Valuation Period
during which our Home Office receives all such requirements. (page 35)
This Supplement should be retained with your Prospectus for future
reference.
GE Life and Annuity Assurance Company
6610 West Broad Street
Richmond, Virginia 23230
