Supplement to the Variable Life Prospectuses
American General Life Insurance Company
Separate Account VL-R
Gemstone Life
Platinum Investor I
The United States Life Insurance Company in The City of New York
Separate Account USL VL-R
Gemstone Life
Effective on or about May 1, 2023, below Underlying Funds of JPMorgan Insurance Trust (the Acquired Underlying Funds) were reorganized into the corresponding Underlying Funds of Lincoln Variable Insurance Products Trust (the Acquiring Underlying Funds) as shown in the table below.
Acquired Underlying Funds | Acquiring Underlying Funds | |
JPMorgan Insurance Trust Core Bond Portfolio |
LVIP JPMorgan Core Bond Fund | |
JPMorgan Insurance Trust Mid Cap Value Portfolio |
LVIP JPMorgan Mid Cap Value Fund | |
JPMorgan Insurance Trust Small Cap Core Portfolio |
LVIP JPMorgan Small Cap Core Fund | |
SA JPMorgan Insurance Trust U.S. Equity Portfolio |
LVIP JPMorgan U.S. Equity Fund |
The fees and expenses for the Acquiring Underlying Funds are shown in the table below.
Acquiring Fund | Management Fees | Other Expenses | Annual Operating Expenses | |||
LVIP JPMorgan Core Bond Fund |
0.40% | 0.10% | 0.51%* | |||
LVIP JPMorgan Mid Cap Value Fund |
0.65% | 0.08% | 0.73% | |||
LVIP JPMorgan Small Cap Core Fund |
0.65% | 0.11% | 0.76% | |||
LVIP JPMorgan U.S. Equity Fund |
0.55% | 0.12% | 0.67% |
*The Annual Operating Expenses for the LVIP JPMorgan Core Bond Fund also include Acquired Fund Fees and Expenses of 0.01%.
Dated: July 19, 2023
Please keep this Supplement with your Prospectus
Page 1 of 1