<PAGE>
Supplement dated September 7, 2000
To Prospectus Dated May 1, 2000
For GE Life &Annuity Separate Account 4
P1150 10/98
P1143 4/94
The purpose of this supplement is to amend certain information contained in your
Prospectus dated May 1, 2000. The changes reflected in this supplement relate
to the following section of your Prospectus:
Examples, page 12
The following replaces charts 3 and 4:
EXAMPLES: A Policyowner would pay the following expense on a $1,000 investment,
assuming a 5% annual return on assets and the charges and expenses reflected in
the Expense Table above (including the GMDB and ODB riders):
3. If you surrender* your Policy at the end of the applicable period:
<TABLE>
<CAPTION>
With GMDB and ODB Riders
Investment Subdivision Investing in: 1 Year 3 Years 5 Years 10 Years
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<S> <C>
Alger American Fund
Alger American Growth Portfolio 83.27 144.10 190.10 329.22
Alger American Small Capitalization Portfolio 84.37 147.37 195.51 339.77
Federated Insurance Series
Federated American Leaders Fund II 84.17 146.77 194.53 337.86
Federated High Income Bond Fund II 83.27 144.10 190.10 329.22
Federated Utility Fund II 84.77 148.55 197.47 343.57
Fidelity Variable Insurance Products Fund (VIP)
VIP Equity-Income Portfolio 81.07 137.52 179.19 307.74
VIP Growth Portfolio 81.97 140.22 183.67 316.59
VIP Overseas Portfolio 84.47 147.66 196.00 340.72
Fidelity Variable Insurance Products Fund (VIP II)
VIP II Asset Manager Portfolio 81.67 139.32 182.18 313.65
VIP II Contrafund Portfolio 82.07 140.52 184.16 317.57
Fidelity Variable Insurance Products Fund (VIP III)
VIP III Growth & Income Portfolio 81.37 138.42 180.68 310.70
VIP III Growth Opportunities Portfolio 82.27 141.11 185.16 319.52
GE Investments Funds, Inc.
Global Income Fund 82.77 142.61 187.63 324.38
Income Fund 81.07 137.52 179.19 307.74
International Equity Fund 86.16 152.69 204.30 356.75
Mid-Cap Value Equity Fund 82.47 141.71 186.15 321.47
(formerly Value Equity Fund)
Money Market Fund 78.37 129.08 164.51 274.98
Premier Growth Equity Fund 82.17 140.81 184.66 318.55
Real Estate Securities Fund 84.77 148.55 197.47 343.57
S&P 500 Index Fund 54.00 132.11 170.17 289.78
Total Return Fund 80.97 137.22 178.69 306.75
U.S. Equity Fund 81.47 138.72 181.18 311.69
Goldman Sachs Variable Insurance Trust
Goldman Sachs Growth & Income Fund 85.36 150.33 200.40 349.24
Goldman Sachs Mid Cap Value Fund 85.86 151.81 202.84 353.94
</TABLE>
1
<PAGE>
<TABLE>
<CAPTION>
<S> <C>
Janus Aspen Series
Aggressive Growth Portfolio 82.07 140.52 184.16 317.57
Balanced Portfolio 82.07 140.52 184.16 317.57
Capital Appreciation Portfolio 82.27 141.11 185.16 319.52
Flexible Income Portfolio 82.57 142.01 186.64 322.44
Global Life Sciences Portfolio 86.26 152.99 204.78 357.69
Global Technology Portfolio 85.66 151.22 201.86 352.07
Growth Portfolio 82.07 140.52 184.16 317.57
International Growth Portfolio 82.97 143.20 188.62 326.32
Worldwide Growth Portfolio 82.37 141.41 185.65 320.50
Oppenheimer Variable Account Funds
Oppenheimer Aggressive Growth Fund 82.07 140.52 184.16 317.57
Oppenheimer Bond Fund 82.67 142.31 187.14 323.41
Oppenheimer Capital Appreciation Fund 82.37 141.41 185.65 320.50
Oppenheimer High Income Fund 82.87 142.90 188.13 325.35
Oppenheimer Multiple Strategies Fund 82.67 142.31 187.14 323.41
PBHG Insurance Series Fund, Inc.
PBHG Growth II Portfolio 87.35 156.23 210.11 367.89
PBHG Large Cap Growth Portfolio 86.36 153.28 205.27 358.62
Salomon Brothers Variable Series Fund Inc
Salomon Investors Fund 85.17 149.74 199.42 347.36
Salomon Strategic Bond Fund 85.36 150.33 200.40 349.24
Salomon Total Return Fund 85.36 150.33 200.40 349.24
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</TABLE>
* surrender includes annuitization over a period of less than 5 years.
4. If you annuitize at the end of the applicable period, or do not surrender*:
<TABLE>
<CAPTION>
With GMDB and ODB Riders
Investment Subdivision Investing in: 1 Year 3 Years 5 Years 10 Years
------------------------------------------------------------------------------------------------------------
<S> <C>
Alger American Fund
Alger American Growth Portfolio 29.27 90.10 154.10 329.22
Alger American Small Capitalization Portfolio 30.37 93.37 159.51 339.77
Federated Insurance Series
Federated American Leaders Fund II 30.17 92.77 158.53 337.86
Federated High Income Bond Fund II 29.27 90.10 154.10 329.22
Federated Utility Fund II 30.77 94.55 161.47 343.57
Fidelity Variable Insurance Products Fund (VIP)
VIP Equity-Income Portfolio 27.07 83.52 143.19 307.74
VIP Growth Portfolio 27.97 86.22 147.67 316.59
VIP Overseas Portfolio 30.47 93.66 160.00 340.72
Fidelity Variable Insurance Products Fund (VIP II)
VIP II Asset Manager Portfolio 27.67 85.32 146.18 313.65
VIP II Contrafund Portfolio 28.07 86.52 148.16 317.57
Fidelity Variable Insurance Products Fund (VIP III)
VIP III Growth & Income Portfolio 27.37 84.42 144.68 310.70
VIP III Growth Opportunities Portfolio 28.27 87.11 149.16 319.52
GE Investments Funds, Inc.
Global Income Fund 28.77 88.61 151.63 324.38
Income Fund 27.07 83.52 143.19 307.74
International Equity Fund 32.16 98.69 168.30 356.75
Mid-Cap Value Equity Fund 28.47 87.71 150.15 321.47
(formerly Value Equity Fund)
Money Market Fund 24.37 75.08 128.51 274.98
Premier Growth Equity Fund 28.17 86.81 148.66 318.55
Real Estate Securities Fund 30.77 94.55 161.47 343.57
S&P 500 Index Fund 25.27 78.11 134.17 289.78
Total Return Fund 26.97 83.22 142.69 306.75
U.S. Equity Fund 27.47 84.72 145.18 311.69
</TABLE>
2
<PAGE>
<TABLE>
<CAPTION>
<S> <C>
Goldman Sachs Variable Insurance Trust
Goldman Sachs Growth & Income Fund 31.36 96.33 164.40 349.24
Goldman Sachs Mid Cap Value Fund 31.86 97.81 166.84 353.94
Janus Aspen Series
Aggressive Growth Portfolio 28.07 86.52 148.16 317.57
Balanced Portfolio 28.07 86.52 148.16 317.57
Capital Appreciation Portfolio 28.27 87.11 149.16 319.52
Flexible Income Portfolio 28.57 88.01 150.64 322.44
Global Life Sciences Portfolio 32.36 98.09 168.78 357.69
Global Technology Portfolio 31.66 97.22 165.86 352.07
Growth Portfolio 28.07 86.52 148.16 317.57
International Growth Portfolio 28.97 89.20 152.62 326.32
Worldwide Growth Portfolio 28.37 87.41 149.65 320.50
Oppenheimer Variable Account Funds
Oppenheimer Aggressive Growth Fund 28.07 86.52 148.16 317.57
Oppenheimer Bond Fund 28.67 88.31 151.14 323.41
Oppenheimer Capital Appreciation Fund 28.37 87.41 149.65 320.50
Oppenheimer High Income Fund 28.87 88.90 152.13 325.35
Oppenheimer Multiple Strategies Fund 28.67 88.31 151.14 323.41
PBHG Insurance Series Fund, Inc.
PBHG Growth II Portfolio 33.35 102.23 174.11 367.89
PBHG Large Cap Growth Portfolio 32.36 99.28 169.27 358.62
Salomon Brothers Variable Series Fund Inc
Salomon Investors Fund 31.17 95.74 163.42 347.36
Salomon Strategic Bond Fund 31.36 96.33 164.40 349.24
Salomon Total Return Fund 31.36 96.33 164.40 349.24
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</TABLE>
* surrender includes annuitization over a period of less than 5 years.
Customer Service Line: 800-352-9910
GE Life and Annuity Assurance Company
6610 W. Broad Street
Richmond, VA 23230
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