PFL ENDEAVOR VARIABLE ANNUITY ACCOUNT /NEW/
N-30D, 1998-03-10
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<PAGE>
 
            [LETTERHEAD OF PFL LIFE INSURANCE COMPANY APPEARS HERE]


March 10, 1998



VIA EDGAR

- ---------------------------------------- 

Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C.  20549

Re:  PFL Endeavor Variable Annuity Account
     File No. 811-06032, CIK 0000859607
     Rule 30b2-1 Filing
 
Commissioners:

As required by Rule 30d-2 under the Investment Company Act of 1940, as amended
(the "Act"), PFL Endeavor Variable Annuity Account, a unit investment trust
registered under the Act, recently mailed to its contract owners the annual
report for the following underlying management investment companies:  Endeavor
Series Trust, Merrill Lynch Variable Series Funds, Inc., and WRL Series Fund,
Inc.  This filing constitutes the filing of those reports as required by Rule
30b2-1 under the Act.

Pursuant to Rule 30d-1 under the Act, on March 3, 1998, Endeavor Series Trust
filed its annual report with the Commission via EDGAR (CIK: 847254),  and on
March 4, 1998, Merrill Lynch Variable Series Funds, Inc. filed its annual report
with the Commission via EDGAR (CIK: 355916), and on February 20, 1998, WRL
Series Fund, Inc. filed its annual report with the Commission via EDGAR (CIK:
778207).  To the extent necessary, these filings are incorporated herein by
reference.

Very truly yours,

PFL Life Insurance Company

/s/ Frank A. Camp
- -------------------------------
Frank A. Camp
Division General Counsel
Financial Markets Division
<PAGE>
 
            [LETTERHEAD OF PFL LIFE INSURANCE COMPANY APPEARS HERE]


March 10, 1998



VIA EDGAR
- ------------------------------------------ 

Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C.  20549

Re:  PFL Endeavor Variable Annuity Account
     File No. 811-06032, CIK 0000859607
     Rule 30b2-1 Filing
 
Commissioners:

As required by Rule 30d-2 under the Investment Company Act of 1940, as amended
(the "Act"), PFL Endeavor Variable Annuity Account, a unit investment trust
registered under the Act, recently mailed to its contract owners the annual
report for the following underlying management investment companies: Endeavor
Series Trust and WRL Series Fund, Inc. This filing constitutes the filing of
those reports as required by Rule 30b2-1 under the Act.

Pursuant to Rule 30d-1 under the Act, on March 3, 1998, Endeavor Series Trust
filed its annual report with the Commission via EDGAR (CIK: 847254), and on
February 20, 1998, WRL Series Fund, Inc. filed its annual report with the
Commission via EDGAR (CIK: 778207). To the extent necessary, these filings are
incorporated herein by reference.

Very truly yours,

PFL Life Insurance Company

/s/ Frank A. Camp
- --------------------------
Frank A. Camp
Division General Counsel
Financial Markets Division


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