0001193125-17-367930.txt : 20171213 0001193125-17-367930.hdr.sgml : 20171213 20171213093003 ACCESSION NUMBER: 0001193125-17-367930 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20171213 DATE AS OF CHANGE: 20171213 EFFECTIVENESS DATE: 20171213 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: 171253105 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 d498996d497.htm NML VARIABLE LIFE ACCOUNT (VJL) NML Variable Life Account (VJL)

THE NORTHWESTERN MUTUAL LIFE INSURANCE COMPANY

SUPPLEMENT TO THE PROSPECTUS (MAY 1, 2017)

 

 

NORTHWESTERN MUTUAL VARIABLE LIFE ACCOUNT

VARIABLE EXECUTIVE LIFE

VARIABLE JOINT LIFE

 

 

Unless otherwise noted below, effective as of the first business day in 2018 this Supplement amends certain information contained in the Prospectuses referenced above.

The following row in the Periodic Charges (Other than Portfolio Operating Expenses) table in the “Fee and Expense Tables” section of the Variable Executive Life Prospectus is amended as follows:

 

Charge   When Charge is Deducted   Current Charge   Maximum Guaranteed
Charge

Monthly Policy Charge—Cost of Insurance Charge2

    
Charge for Insured Issue Age 43, sex-neutral basis, Non-Tobacco Guaranteed Issue underwriting classification in the seventeenth Policy Year (varies by Policy Year 5   Monthly, on each Monthly Processing Date   $0.33 (monthly) per $1,000 of net amount at risk in the seventeenth Policy Year5   $1 (monthly) per $1,000 of net amount at risk in the seventeenth Policy Year5

The following row in the Periodic Charges (Other than Portfolio Operating Expenses) table in the “Fee and Expense Tables” section of the Variable Joint Life Prospectus is amended as follows:

 

Charge   When Charge is Deducted   Current Charge   Maximum Guaranteed
Charge

Monthly Policy Charge—Cost of Insurance Charge2,3

    
Charge for one male and one female Insured, Issue Ages 45, Select Non-Smoker underwriting classification in the seventeenth Policy Year (varies by Policy Year 6   Monthly, on each Monthly Processing Date   $0.09 per year per $1,000 of net amount at risk in the seventeenth Policy Year6   $2 per year per $1,000 of net amount at risk in the seventeenth Policy Year7

 

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

This Supplement is dated December 13, 2017.

 

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