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MERRILL LYNCH INVESTOR CHOICE ANNUITY® (INVESTOR SERIES)

Issued by

TRANSAMERICA ADVISORS LIFE INSURANCE COMPANY

MERRILL LYNCH LIFE VARIABLE ANNUITY SEPARATE ACCOUNT A

Supplement Dated June 1, 2017

to the

Prospectus dated May 1, 2014

Effective on or about June 5, 2017, based on changes to the underlying fund portfolios, the name changes will apply to the applicable subaccounts:

 

PRIOR SUBACCOUNT NAME    NEW SUBACCOUNT NAME
Janus Aspen Enterprise Fund    Janus Henderson Enterprise Fund
Janus Aspen Forty Fund    Janus Henderson Forty Fund

This Prospectus Supplement must be accompanied or preceded

by the Prospectus for the

Merrill Lynch Investor Choice Annuity® (Investor Series) dated May 1, 2014