0001193125-22-244483.txt : 20220914 0001193125-22-244483.hdr.sgml : 20220914 20220914111531 ACCESSION NUMBER: 0001193125-22-244483 CONFORMED SUBMISSION TYPE: 497VPU PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20220914 DATE AS OF CHANGE: 20220914 EFFECTIVENESS DATE: 20220914 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: 497VPU SEC ACT: 1933 Act SEC FILE NUMBER: 333-59103 FILM NUMBER: 221242364 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 497VPU 1 d356340d497vpu.htm NML VARIABLE LIFE ACCOUNT (VJL) NML Variable Life Account (VJL)
THE NORTHWESTERN MUTUAL LIFE INSURANCE COMPANY
SUPPLEMENT TO THE PROSPECTUS DATED MAY 1, 2022
NORTHWESTERN MUTUAL VARIABLE LIFE ACCOUNT
VARIABLE LIFE
VARIABLE COMPLIFE®
VARIABLE JOINT LIFE
VARIABLE EXECUTIVE LIFE
NORTHWESTERN MUTUAL VARIABLE LIFE ACCOUNT II
CUSTOM VARIABLE UNIVERSAL LIFE
EXECUTIVE VARIABLE UNIVERSAL LIFE
SURVIVORSHIP VARIABLE UNIVERSAL LIFE
This Supplement updates certain information in the most recent prospectuses and updating summary prospectuses, as applicable, for the above-referenced variable life contracts and any supplements to the prospectuses and updating summary prospectuses (together the “Prospectuses”). You should read this Supplement in conjunction with your Prospectuses and retain it for future reference. Unless otherwise indicated, all other information included in the Prospectuses remains unchanged. The terms and section headings we use in this Supplement have the same meaning as in the Prospectuses. We will send you another copy of any prospectus or supplements without charge upon request.
Effective September 7, 2022, an update was made to the Current Expenses information for the U.S Strategic Equity Fund, changing the Current Expenses from 0.84% to 0.96%.
In light of these changes, in APPENDIX A—Portfolios Available under Your Policy, the following row in the table is amended to contain the above information. Please note that with respect to this change, some systems and forms may temporarily reference the previous Current Expenses for the Portfolio. 
Investment Objective
Portfolio
Adviser/
Sub-adviser (if applicable)
Current Expenses
Average Annual
Total Returns
(as of 12/31/2021)
1 Year
5 Year
10 year
Long-term growth of
capital
U.S. Strategic Equity
Fund7
Russell Investment
Management LLC (RIM)8
0.96%
20.40%
16.22%
15.08%
This Supplement is dated September 14, 2022.