Transamerica Freedom Variable Annuity

                                    Issued by

                    Transamerica Life Insurance Company, Inc.

                        Supplement Dated October 4, 2002
                                     to the
                          Prospectus dated May 1, 2002



Effective October 14, 2002, we will not accept any premium payment that is
allocated to the fixed account in excess of $5,000, except the dollar cost
averaging fixed account option. We also will not accept any premium payment or
transfer which would result in the policy value in the fixed account exceeding
$5,000, except the dollar cost averaging fixed account option.






















                 This Prospectus Supplement must be accompanied
                            by the Prospectus for the
             Transamerica Freedom Variable Annuity Dated May 1, 2002