Supplement dated August 30, 1999
to Prospectus Dated May 1, 1999
for GE Life & Annuity Separate Account 4
P1152 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;
Transfers; 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 17)
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 18)
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 18)
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 19)
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 20)
o Federated Insurance Series High Income Bond Fund II is advised by Federated
Investment Management Company. (page 21)
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o The Salomon Brothers Variable Series Funds Strategic Bond Fund should be
categorized as a "Global Bond" fund rather than a "Domestic Bond" fund
wherever categories are reflected in the prospectus. (page 21; see also
pages 7, 10, 11, 13)
Transfers - Dollar-Cost Averaging
o At the end of the second paragraph, add the following:
The dollar-cost averaging program will begin 30 days after we receive
your money, unless you specify an earlier date. (page 29)
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 32)
The Death Benefit -- Optional Guaranteed Minimum Death Benefit Rider
o Add the following sentence at the end of the first paragraph:
Age restrictions may apply. (page 33)
o Delete the third sentence of the last paragraph and replace it with the
following:
We charge you for this benefit. (page 34)
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 to any date at least ten years
after the date of the last purchase payment. 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
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 34)
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 41)
This Supplement should be retained with your Prospectus for future
reference.
GE Life and Annuity Assurance Company
6610 West Broad Street
Richmond, Virginia 23230
