497 1 d404483d497.htm TRANSAMERICA PRINCIPIUM III Transamerica Principium III

TRANSAMERICA PRINCIPIUMSM III VARIABLE ANNUITY

Issued by

TRANSAMERICA LIFE INSURANCE COMPANY

SEPARATE ACCOUNT VA B

and

TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY

SEPARATE ACCOUNT VA BNY

Supplement dated December 16, 2022

to the

Prospectus dated May 1, 2022

The Appendix - Portfolio Companies Available Under the Policy is hereby revised to reflect the following Underlying Fund Portfolio information.

 

Investment

Objective

  

Underlying Fund

Portfolios and

Adviser/Sub-adviser

   Current Expenses     Platform   Charges  

Current

Expenses  

Plus

Platform

Charges

  

Average Annual Total Return 

(as of 12/31/21

 

1 year   

 

   5 years    10 years 

Investment Objective:

Seeks long-term capital appreciation and capital preservation.

  

Transamerica BlackRock

iShares Edge 40 VP - Service Class

 

Sub-Advised by: BlackRock Investment Management, LLC

   0.69%   -   0.69%   5.78%   6.88%   5.37%

Investment Objective:

Seeks high total return.  

  

Transamerica Morgan

Stanley Global Allocation

VP - Service Class

 

Sub-Advised by: Morgan Stanley Investment Management Inc.

   1.13%   -   1.13%   8.18%   9.60%   7.66%

This Supplement updates certain information in the above referenced Prospectus (“the Prospectus”). Except as indicated in this Supplement, all other information included in the Prospectus remains unchanged. We will send you another copy of the applicable Prospectus or any supplement without charge upon request. Please contact our Administrative Office referenced in the Prospectus.

This Supplement must be accompanied or preceded by the applicable Prospectus.

Please read this Supplement carefully and retain it for future reference.