MLLIC Consults Annuity

MERRILL LYNCH CONSULTS ANNUITYSM

Issued by

TRANSAMERICA ADVISORS LIFE INSURANCE COMPANY

MERRILL LYNCH LIFE VARIABLE ANNUITY SEPARATE ACCOUNT C

AND

MERRILL LYNCH CONSULTS ANNUITYSM

Issued by

TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY

ML OF NEW YORK VARIABLE ANNUITY SEPARATE ACCOUNT C

Supplement Dated October 26, 2018

to the

Prospectuses dated May 1, 2008

Effective on or about November 1, 2018, based on changes to the underlying fund portfolio, the following changes apply:

 

OLD

SUBACCOUNT
NAME

 

NEW

SUBACCOUNT
NAME

 

OLD

PORTFOLIO

NAME

 

NEW

PORTFOLIO

NAME

 

OLD

SUBADVISOR

 

NEW

SUBADVISOR

TA AB Dynamic Allocation   TA BlackRock Smart Beta 40   Transamerica AB Dynamic Allocation VP   Transamerica BlackRock Smart Beta 40 VP   AEGON USA Investment Management, LLC   BlackRock Investment Management, LLC

 

 

This Prospectus Supplement must be accompanied or preceded

by the Prospectus for the

Merrill Lynch Consults AnnuitySM dated May 1, 2008