Form N-SAR Semi-Annual Report for Registered Investment Companies
           (Short-Form used for Unit Investment Trust ("UIT") Filings)

Report for six month period ending: (a) _________

                   or fiscal year ending: (b) 12/31/01

Is this a transition report? Yes [ ]   No [X]

Is this an amendment to a previous filing? Yes [ ]   No [X]

Those items or sub-items with a box "/" after the item number should be
completed only if the answer has changed from the previous filing on this form.

1.       A.   Registrant Name:      Separate Account VL of Transamerica
                                    Occidental Life Insurance Company
         B.   File Number:          811-4511
         C.   Telephone No.:        213-741-5797

2.  A.  Street    B.  City   C.  State  D.  Zip Code
        E. Foreign Country  F.  Foreign Postal Code
         4333 Edgewood Road N.E., Cedar Rapids, Iowa 52499

3.  Is this the first filing on this Form by Registrant?      Yes [ ]   No [X]

4.  Is this the last filing on this Form by Registrant?       Yes [ ]   No [X]

5.  Is Registrant a Small Business Investment Company (SBIC)? Yes [ ]   No [X]

6.  Is Registrant a Unit Investment Trust (UIT)?              Yes [X]   No [ ]

7.  A.  Is Registrant a series or multiple portfolio company?
           (If answer is "No" go to item 8.)                  Yes [ ]   No [X]

7. B. How many separate  series or portfolios did Registrant  have at the end of
the period? N/A

123. State the total value of the additional  units considered in answering item
122 ($000's omitted) N/A

124. State the total value of units of prior series that were placed in the
portfolios of subsequent series during the current period (the value of these
units is to be measured on the date they were placed in the subsequent series
($000's omitted) ______________________________________ N/A

125. State the total dollar amount of sales loads collected (before reallowances
to other brokers or dealers) by Registrant's principal underwriter and any
underwriter which is an affiliated person of the principal underwriter during
the current period solely from the sale of units of all series of Registrant
($000's omitted)
________________________________________________________________ N/A

126. Of the amount  shown in item 125,  state the total  dollar  amount of sales
loads collected from secondary market operations in Registrant's  units (include
the sales loads,  if any,  collected  on units of a prior  series  placed in the
portfolio of a subsequent series.) ($000's omitted) N/A
<TABLE>
<CAPTION>

127. List opposite the appropriate description below the number of series whose
portfolios are invested primarily (based upon a percentage of NAV) in each type
of security shown, the aggregate total assets at market value as of a date at or
neat the end of the current period of each such group of series and the total
income distributions made by each such group of series during the current period
(excluding distributions of realized gains, if any):

                                                                                                  Total       Total
                                                                                     Number of    Assets      Distribution
                                                                                     Series       (0's        (0's omitted)
                                                                                     Investing    omitted)
------------------------------------------------------------------------------------ ------------ ----------- --------------
<S>                                                                                 <C>         <C>          <C>
A.  U.S. Treasury direct issue
------------------------------------------------------------------------------------ ------------ ----------- --------------
------------------------------------------------------------------------------------ ------------ ----------- --------------
B.  U.S. Government agency
------------------------------------------------------------------------------------ ------------ ----------- --------------
------------------------------------------------------------------------------------ ------------ ----------- --------------
C.  State and municipal tax-free
------------------------------------------------------------------------------------ ------------ ----------- --------------
------------------------------------------------------------------------------------ ------------ ----------- --------------
D.  Public utility debt
------------------------------------------------------------------------------------ ------------ ----------- --------------
------------------------------------------------------------------------------------ ------------ ----------- --------------
E.  Brokers or dealers debt or debt of brokers' or dealers' parent
------------------------------------------------------------------------------------ ------------ ----------- --------------
------------------------------------------------------------------------------------ ------------ ----------- --------------
F.  All other corporate intermediate and long-term debt
------------------------------------------------------------------------------------ ------------ ----------- --------------
------------------------------------------------------------------------------------ ------------ ----------- --------------
G.  All other corporate short-term debt
------------------------------------------------------------------------------------ ------------ ----------- --------------
------------------------------------------------------------------------------------ ------------ ----------- --------------
H.  Equity securities of brokers or dealers or parents of brokers or dealers
------------------------------------------------------------------------------------ ------------ ----------- --------------
------------------------------------------------------------------------------------ ------------ ----------- --------------
I.    Investment company equity securities
------------------------------------------------------------------------------------ ------------ ----------- --------------
------------------------------------------------------------------------------------ ------------ ----------- --------------
J.   All other equity securities
------------------------------------------------------------------------------------ ------------ ----------- --------------
------------------------------------------------------------------------------------ ------------ ----------- --------------
K.  Other securities                                                                 N/A          $9819       $71
------------------------------------------------------------------------------------ ------------ ----------- --------------
------------------------------------------------------------------------------------ ------------ ----------- --------------
L.  Total assets of all series of registrant                                         N/A          $9819       $71
------------------------------------------------------------------------------------ ------------ ----------- --------------
</TABLE>

128. Is the timely  payment of principal  and  interest on any of the  portfolio
securities held by any of  Registrant's  series at the end of the current period
insured or  guaranteed  by an entity  other than the  issuer?  [If answer is "N"
(No), go to item 131.] N/A

129.  Is the  issuer of any  instrument  covered  in item 128  delinquent  or in
default as to payment of principal or interest at the end of the current period?
[If answer is "N" (No), go to item 131.] N/A

130. In computations of NAV or offering price per unit, is any part of the value
attributed  to  instruments  identified  in item 129 derived  from  insurance or
guarantees? N/A

131.  Total  expenses  incurred by all series of  Registrant  during the current
reporting period ($000's omitted) $94

132. List the "811" (Investment Company Act of 1940) registration number for all
Series of _____________ 811- Registrant that are being included in this filing:

This report is signed on behalf of the registrant (or depositor or trustee).

         City of Los Angeles, State of California
         Date:    May 31, 2002

Name of Registrant, Depositor, or Trustee:
Separate Account VL of Transamerica Occidental Life Insurance Company


By:      /s/ Susan Vivino               Witness:/s/ Gina Grusman
         Susan Vivino                             Gina Grusman
         Second Vice President and       SEC Filing Coordinator
         Assistant Secretary