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.