0001193125-13-487301.txt : 20131230 0001193125-13-487301.hdr.sgml : 20131230 20131230122504 ACCESSION NUMBER: 0001193125-13-487301 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20131230 DATE AS OF CHANGE: 20131230 EFFECTIVENESS DATE: 20131230 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NORTHWESTERN MUTUAL VARIABLE LIFE ACCOUNT CENTRAL INDEX KEY: 0000742277 IRS NUMBER: 390509570 STATE OF INCORPORATION: WI FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 333-59103 FILM NUMBER: 131302027 BUSINESS ADDRESS: STREET 1: 720 E WISCONSIN AVE CITY: MILWAUKEE STATE: WI ZIP: 53202 BUSINESS PHONE: 4146652508 MAIL ADDRESS: STREET 1: 720 EAST WISCONSIN AVENUE CITY: MILWAUKEE STATE: WI ZIP: 53202 0000742277 S000000058 NORTHWESTERN MUTUAL VARIABLE LIFE ACCOUNT C000031363 Variable Joint Life 497 1 d651873d497.htm NML VARIABLE LIFE ACCOUNT (VJL) NML Variable Life Account (VJL)

THE NORTHWESTERN MUTUAL LIFE INSURANCE COMPANY

Supplement dated December 30, 2013 to

PROSPECTUSES DATED May 1, 2013

 

 

NORTHWESTERN MUTUAL VARIABLE LIFE ACCOUNT

SUPPLEMENT TO THE PROSPECTUSES

VARIABLE LIFE

VARIABLE COMPLIFE®

VARIABLE EXECUTIVE LIFE

VARIABLE JOINT LIFE

 

 

NORTHWESTERN MUTUAL VARIABLE LIFE ACCOUNT II

SUPPLEMENT TO THE PROSPECTUSES

CUSTOM VARIABLE UNIVERSAL LIFE

EXECUTIVE VARIABLE UNIVERSAL LIFE

SURVIVORSHIP VARIABLE UNIVERSAL LIFE

 

 

This Supplement revises certain information with regard to the Focused Appreciation Portfolio and the Money Market Portfolio contained in the Prospectuses referenced above dated May 1, 2013.

In the section titled, “Annual Portfolio Operating Expenses”, effective November 21, 2013, the footnote to the Focused Appreciation Portfolio is amended to read:

 

  (3) Focused Appreciation Portfolio – MSA has agreed to waive a portion of its management fee such that the management fee is 0.66% on the Portfolio’s first $100 million of assets, 0.61% on the next $400 million and 0.60% on assets in excess of $500 million. MSA may terminate this fee waiver agreement at any time after April 30, 2014.

In the section titled, “Annual Portfolio Operating Expenses”, effective January 1, 2014, the footnote to the Money Market Portfolio is amended to read:

 

  (11) Money Market Portfolio – MSA has voluntarily agreed to waive its entire management fee on a temporary basis. This voluntary waiver will be reviewed periodically by MSA in light of market and economic developments and may be revised or discontinued at any time without advance notice.

Please read this Supplement carefully and keep it with your Prospectus for future reference.

 

This Supplement is dated December 30, 2013.