Separate Account VA BNY

10/09/2025 | Press release | Distributed by Public on 10/09/2025 05:13

Summary Prospectus for New Investors by Investment Company (Form 497VPI)

Transamerica B-Share Variable Annuity Transamerica I-Share II Variable Annuity
Transamerica AxiomSM 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 October 9, 2025

To the

Prospectus dated May 1, 2025

and to the

Initial Summary Prospectus dated May 1, 2025

Effective on or about November 1, 2025, based on changes to the underlying portfolios, the Appendix: Investment Options Available Under the Policy is revised to reflect the following change:

Current Portfolio Name New Portfolio Name
Transamerica JPMorgan Asset Allocation - Growth VP Transamerica JPMorgan Diversified Equity Allocation VP

There is no change to the portfolio's investment objective or investment advisor.

This Supplement updates certain information in the above referenced Prospectus (the "Prospectus") and Initial Summary 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.

Separate Account VA BNY published this content on October 09, 2025, and is solely responsible for the information contained herein. Distributed via SEC EDGAR on October 09, 2025 at 11:13 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]