THE NORTHWESTERN MUTUAL LIFE INSURANCE COMPANY
SUPPLEMENT TO THE PROSPECTUSES (MAY 1, 2020)
NORTHWESTERN MUTUAL VARIABLE LIFE ACCOUNT
VARIABLE LIFE
VARIABLE COMPLIFE®
VARIABLE JOINT LIFE
VARIABLE EXECUTIVE LIFE
NORTHWESTERN MUTUAL VARIABLE LIFE ACCOUNT II
VARIABLE UNIVERSAL LIFE PLUS
EXECUTIVE VARIABLE UNIVERSAL LIFE II
VARIABLE UNIVERSAL LIFE PLUS NY
CUSTOM VARIABLE UNIVERSAL LIFE
EXECUTIVE VARIABLE UNIVERSAL LIFE
SURVIVORSHIP VARIABLE UNIVERSAL LIFE
Effective on or about January 29, 2021, BlackRock Advisors, LLC (BlackRock) will begin serving as sub-adviser for the Index 500 Stock Portfolio and any and all references to the sub-adviser shall refer to BlackRock.
Effective on or about January 29, 2021, Northern Trust Investments, Inc. (Northern Trust) will begin serving as the sub-adviser for the Index 400 Stock Portfolio and Index 600 Stock Portfolio and any and all references to the sub-adviser shall refer to Northern Trust.
In the section titled, The Funds Northwestern Mutual Series Fund, Inc., the following table is amended to contain the following information for the Portfolios:
Portfolio | Investment Objective | Sub-adviser (if applicable) | ||
Index 500 Portfolio | Investment results that approximate the performance of the Standard & Poors 500® Composite Stock Price Index | BlackRock Advisors, LLC | ||
Index 400 Portfolio | Investment results that approximate the performance of the Standard & Poors MidCap 400® Stock Price Index | Northern Trust Investments, Inc. | ||
Index 600 Portfolio | Investment results that approximate the performance of the Standard & Poors Small Cap 600® Stock Price Index | Northern Trust Investments, Inc. |
Please note that some systems and forms may temporarily reference Mason Street Advisors, LLC as the sole investment adviser for these Portfolios.
This Supplement is dated November 16, 2020.