0000101686-20-000006.txt : 20200213
0000101686-20-000006.hdr.sgml : 20200213
20200212184645
ACCESSION NUMBER: 0000101686-20-000006
CONFORMED SUBMISSION TYPE: 497
PUBLIC DOCUMENT COUNT: 1
FILED AS OF DATE: 20200213
DATE AS OF CHANGE: 20200212
EFFECTIVENESS DATE: 20200213
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: AGL SEPARATE ACCOUNT VL-R
CENTRAL INDEX KEY: 0001051485
IRS NUMBER: 250598210
STATE OF INCORPORATION: TX
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 497
SEC ACT: 1933 Act
SEC FILE NUMBER: 333-146948
FILM NUMBER: 20606233
BUSINESS ADDRESS:
STREET 1: 2727-A ALLEN PARKWAY
CITY: HOUSTON
STATE: TX
ZIP: 77019
BUSINESS PHONE: 713-522-1111
MAIL ADDRESS:
STREET 1: 2727-A ALLEN PARKWAY
CITY: HOUSTON
STATE: TX
ZIP: 77019
FORMER COMPANY:
FORMER CONFORMED NAME: AGL SEPARATE ACCOUNT VL R
DATE OF NAME CHANGE: 19990907
FORMER COMPANY:
FORMER CONFORMED NAME: AMERICAN GENERAL LIFE INSURANCE CO SEPARATE ACCOUNT VL R
DATE OF NAME CHANGE: 19971216
0001051485
S000000574
AGL SEPARATE ACCOUNT VL-R
C000057397
PROTECTION ADVANTAGE SELECT
497
1
supp21320.txt
497E SUPPLEMENT DATED 2/13/20
AMERICAN GENERAL LIFE INSURANCE COMPANY
VARIABLE UNIVERSAL LIFE INSURANCE POLICIES
SEPARATE ACCOUNT VL-R
AG INCOME ADVANTAGE VUL(SM)
CORPORATE AMERICA
INCOME ADVANTAGE SELECT(SM)
PLATINUM INVESTOR(R) I
PLATINUM INVESTOR(R) II
PLATINUM INVESTOR(R) III
PLATINUM INVESTOR(R) IV
PLATINUM INVESTOR(R) FLEXDIRECTOR
PLATINUM INVESTOR(R) PLUS
PLATINUM INVESTOR(R) SURVIVOR
PLATINUM INVESTOR(R) SURVIVOR II
PROTECTION ADVANTAGE SELECT(SM)
THE UNITED STATES LIFE INSURANCE COMPANY
IN THE CITY OF NEW YORK
VARIABLE UNIVERSAL LIFE INSURANCE POLICIES
SEPARATE ACCOUNT USL VL-R
INCOME ADVANTAGE SELECT(SM)
PLATINUM INVESTOR
PLATINUM INVESTOR(R) PLUS
PROTECTION ADVANTAGE SELECT(SM)
SUPPLEMENT DATED FEBRUARY 13, 2020
TO POLICY PROSPECTUSES, AS SUPPLEMENTED
The purpose of this supplement is to notify owners of American General
Life Insurance Company ("AGL") and The United States Life Insurance Company
in the City of New York ("US Life") (AGL and US Life together referred to
hereinafter as the "Company") variable universal life insurance Policies (the
"Policies") of the proposed liquidations of the following Portfolios
(hereinafter referred to as the "Portfolios"), portfolios of the BNY Mellon
Variable Investment Fund (the "Trust"):
BNY Mellon VIF International Value Portfolio
BNY Mellon VIF Quality Bond Portfolio
The Board of Trustees of the Trust (the "Board") approved the
termination and liquidation of the Portfolios. The liquidations are expected
to occur at the close of the New York Stock Exchange ("Market Close"), which
is generally 4:00 p.m. Eastern Time ("ET"), on or about Thursday, April 30,
2020 ("Liquidation Date"). On the Liquidation Date, funds invested in
subaccounts supported by the Portfolios will be automatically liquidated at
the closing unit value and the liquidation proceeds transferred into the
subaccount supported by the VALIC Company I Government Money Market I Fund
("Money Market Fund") currently available in your Policy.
If you wish to have the liquidation proceeds allocated to a subaccount
other than the subaccount supported by the Money Market Fund, the Company
must receive instructions from you prior to the Market Close at least one
business day prior to the Liquidation Date (Wednesday, April 29, 2020). You
may give us instructions to transfer your accumulation value to another
investment option by calling the Administrative Center at the number below or
by completing a transfer form.
Additional investments into the Portfolios will be accepted up to and
including one business day prior to the Liquidation Date. After the Market
Close on the Liquidation Date, any premium payments, allocations, transfers,
dollar cost averaging or automatic rebalancing (as applicable to your Policy)
allocated to the Portfolios will instead be allocated to the subaccount
supported by the Money Market Fund.
Please refer to your Policy prospectus for information regarding the
investment options currently offered in your Policy or call our
Administrative Center at the telephone number below. Also please review your
fund prospectuses for more detailed information about these investment
options. For additional fund prospectus copies, please contact the
Administrative Center.
Neither our automatic transfer of the liquidation proceeds to the Money
Market Fund on the Liquidation Date, nor your transfer of assets out of the
Portfolios prior to the Liquidation Date or out of the Money Market Fund
within 60 days after the Liquidation Date, will count against the free
transfers that you are permitted to make in a Policy Year or for the purposes
of our market timing policies and procedures.
For a period of time after the closing and liquidations, the Company
may provide you with confirmations, statements and other reports that contain
the name of the formerly available Portfolios.
Should you have any questions, please contact the Administrative Center
at 1-800-340-2765.