0001051485-14-000052.txt : 20140910
0001051485-14-000052.hdr.sgml : 20140910
20140909175102
ACCESSION NUMBER: 0001051485-14-000052
CONFORMED SUBMISSION TYPE: 497
PUBLIC DOCUMENT COUNT: 1
FILED AS OF DATE: 20140910
DATE AS OF CHANGE: 20140909
EFFECTIVENESS DATE: 20140910
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: 141094246
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
supp91214.txt
AMERICAN GENERAL LIFE INSURANCE COMPANY
SEPARATE ACCOUNT VL-R
AG INCOME ADVANTAGE VUL(R)
INCOME ADVANTAGE SELECT(R)
PROTECTION ADVANTAGE SELECT(R)
VARIABLE UNIVERSAL LIFE INSURANCE POLICIES
THE UNITED STATES LIFE INSURANCE COMPANY
IN THE CITY OF NEW YORK
SEPARATE ACCOUNT USL VL-R
INCOME ADVANTAGE SELECT(R)
PROTECTION ADVANTAGE SELECT(R)
VARIABLE UNIVERSAL LIFE INSURANCE POLICIES
SUPPLEMENT DATED SEPTEMBER 12, 2014
TO POLICY PROSPECTUSES, AS SUPPLEMENTED
The purpose of this supplement is to notify owners of the variable
universal life insurance Policies (the "Policy" or Policies") of the proposed
closing and liquidation of the JPMorgan International Equity Portfolio (the
"Portfolio"), a series of the JPMorgan Insurance Trust ("JPMorgan Trust").
On August 21, 2014, the Board of Trustees (the "Board") of the JPMorgan
Trust approved the liquidation and termination of the Portfolio. The
liquidation is 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 December 12, 2014 ("Liquidation Date"). On the Liquidation Date, funds
invested in subaccounts supported by the Portfolio will be automatically
liquidated at the closing accumulation unit value and the liquidation
proceeds will be transferred into the subaccount supported by the money
market fund (collectively, referred to as the "Money Market Fund") as set
forth below depending on your Policy:
Product Money Market Fund
AG Income Advantage VUL(R) VALIC Company I Money Market I Fund
Income Advantage Select(R) VALIC Company I Money Market I Fund
(if your policy is effective prior to
May 1, 2013)
Income Advantage Select(R) Fidelity VIP Money Market Portfolio -
Service Class 2 (if your policy is
effective on or after May 1, 2013)
Protection Advantage Select(R) VALIC Company I Money Market I Fund (if
your policy is effective prior to May
1, 2013)
Protection Advantage Select(R) Fidelity VIP Money Market Portfolio -
Service Class 2 (if your policy is
effective on or after May 1, 2013)
Please note that 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 of
the business day prior to the Liquidation Date. 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 the
enclosed transfer form.
Additional investments into the Portfolio will be accepted up to and
including December 1, 2014. After the Market Close on December 1, 2014, any
instructions for premium payments, allocations, transfers, dollar cost
averaging or automatic rebalancing into the Portfolio will be allocated to
the subaccount supported by the Money Market Fund.
Attached as Appendix A is a list of the investment options currently
offered in your Policy. Please refer to your Policy prospectus for
information regarding these investment options or call our Administrative
Center at the number below. Also 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 upon the Liquidation Date, nor your transfer of assets out of the
Portfolio 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.
Should you have any questions, please contact our Administrative Center
at 1-800-340-2765.
Appendix A
Income Advantage Select VUL(R)
Protection Advantage Select VUL(R)
Alger Capital Appreciation Portfolio - Class I-2 Shares
Alger Mid Cap Growth Portfolio - Class I-2 Shares*
American Century VP Value Fund - Class I
American Funds IS Asset Allocation Fund - Class 2**
American Funds IS Global Growth Fund - Class 2**
American Funds IS Growth Fund - Class 2**
American Funds IS Growth-Income Fund - Class 2**
American Funds IS High-Income Bond Fund - Class 2**
American Funds IS International Fund - Class 2**
Anchor ST Capital Appreciation Portfolio - Class 3**
Anchor ST Government and Quality Bond Portfolio - Class 3**
Dreyfus VIF International Value Portfolio - Initial Shares*
Fidelity VIP Asset Manager Portfolio - Service Class 2*
Fidelity VIP Contrafund Portfolio - Service Class 2
Fidelity VIP Equity-Income Portfolio - Service Class 2
Fidelity VIP Freedom 2020 Portfolio - Service Class 2*
Fidelity VIP Freedom 2025 Portfolio - Service Class 2*
Fidelity VIP Freedom 2030 Portfolio - Service Class 2*
Fidelity VIP Growth Portfolio - Service Class 2
Fidelity VIP Mid Cap Portfolio - Service Class 2
Fidelity VIP Money Market Portfolio - Service Class 2**
Franklin Templeton Franklin Mutual Shares VIP Fund - Class 2
Franklin Templeton Franklin Small Cap Value VIP Fund - Class 2
Invesco V.I. Global Real Estate Fund - Series I
Invesco V.I. Growth and Income Fund - Series I
Invesco V.I. International Growth Fund - Series I
Janus Aspen Enterprise Portfolio
Janus Aspen Forty Portfolio
Janus Aspen Overseas Portfolio (not available to Income Advantage Select VUL(r)
Policies)*
JPMorgan Core Bond Portfolio - Class 1 Shares
MFS New Discovery Series - Initial Class
MFS Research Series - Initial Class
Neuberger Berman AMT Mid Cap Growth Portfolio
Neuberger Berman AMT Socially Responsive Portfolio - Class I *
Oppenheimer Capital Income Fund/VA - Non-Service Shares*
Oppenheimer Global Fund/VA - Non-Service Shares
PIMCO VIT CommodityRealReturn Strategy Portfolio
PIMCO VIT Global Bond Portfolio (Unhedged)
PIMCO VIT Real Return Portfolio
PIMCO VIT Short-Term Portfolio
PIMCO VIT Total Return Portfolio
Pioneer Mid Cap Value VCT Portfolio - Class I*
Putnam VT Diversified Income Fund - Class IB*
Putnam VT Small Cap Value Fund - Class IB*
Seasons ST Mid Cap Value Portfolio - Class 3**
SunAmerica ST Aggressive Growth Portfolio - Class 1*
SunAmerica ST Balanced Portfolio - Class 1
VALIC Co. I Dynamic Allocation Fund**
VALIC Co. I Emerging Economies Fund**
VALIC Co. I Foreign Value Fund**
VALIC Co. I International Equities Index Fund
VALIC Co. I Mid Cap Index Fund
VALIC Co. I Money Market I Fund*
VALIC Co. I Nasdaq-100 Index Fund
VALIC Co. I Science & Technology Fund
VALIC Co. I Small Cap Index Fund
VALIC Co. I Stock Index Fund
VALIC Co. II Mid Cap Value Fund**
VALIC Co. II Socially Responsible Fund**
VALIC Co. II Strategic Bond Fund**
Vanguard VIF High Yield Bond Portfolio*
Vanguard VIF REIT Index Portfolio*
* These investment options are available only to owners whose policies were
effective prior to May 1, 2013.
**These investment options are available only to owners whose policies were
effective on or after May 1, 2013.
Appendix A
AG Income Advantage VUL(R)
Alger Capital Appreciation Portfolio - Class I-2 Shares
Alger Mid Cap Growth Portfolio - Class I-2 Shares
American Century VP Value Fund - Class I
Dreyfus VIF International Value Portfolio - Initial Shares
Fidelity VIP Asset Manager Portfolio - Service Class 2
Fidelity VIP Contrafund Portfolio - Service Class 2
Fidelity VIP Equity-Income Portfolio - Service Class 2
Fidelity VIP Freedom 2020 Portfolio - Service Class 2
Fidelity VIP Freedom 2025 Portfolio - Service Class 2
Fidelity VIP Freedom 2030 Portfolio - Service Class 2
Fidelity VIP Growth Portfolio - Service Class 2
Fidelity VIP Mid Cap Portfolio - Service Class 2
Franklin Templeton Franklin Mutual Shares VIP Fund - Class 2
Franklin Templeton Franklin Small Cap Value VIP Fund - Class 2
Invesco V.I. Global Real Estate Fund - Series I
Invesco V.I. Growth and Income Fund - Series I
Invesco V.I. International Growth Fund - Series I
Janus Aspen Enterprise Portfolio
Janus Aspen Forty Portfolio
Janus Aspen Overseas Portfolio
JPMorgan Core Bond Portfolio - Class 1 Shares
MFS New Discovery Series - Initial Class
MFS Research Series - Initial Class
Neuberger Berman AMT Mid Cap Growth Portfolio
Neuberger Berman AMT Socially Responsive Portfolio - Class I
Oppenheimer Capital Income Fund/VA - Non-Service Shares
Oppenheimer Global Fund/VA - Non-Service Shares
PIMCO VIT CommodityRealReturn Strategy Portfolio
PIMCO VIT Global Bond Portfolio (Unhedged)
PIMCO VIT Real Return Portfolio
PIMCO VIT Short-Term Portfolio
PIMCO VIT Total Return Portfolio
Pioneer Mid Cap Value VCT Portfolio - Class I
Putnam VT Diversified Income Fund - Class IB
Putnam VT Small Cap Value Fund - Class IB
SunAmerica ST Aggressive Growth Portfolio - Class 1
SunAmerica ST Balanced Portfolio - Class 1
VALIC Co. I International Equities Index Fund
VALIC Co. I Mid Cap Index Fund
VALIC Co. I Money Market I Fund
VALIC Co. I Nasdaq-100 Index Fund
VALIC Co. I Science & Technology Fund
VALIC Co. I Small Cap Index Fund
VALIC Co. I Stock Index Fund
Vanguard VIF High Yield Bond Portfolio
Vanguard VIF REIT Index Portfolio