0001193125-24-061662.txt : 20240307 0001193125-24-061662.hdr.sgml : 20240307 20240307102259 ACCESSION NUMBER: 0001193125-24-061662 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240307 DATE AS OF CHANGE: 20240307 EFFECTIVENESS DATE: 20240307 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NORTHWESTERN MUTUAL VARIABLE LIFE ACCOUNT CENTRAL INDEX KEY: 0000742277 ORGANIZATION NAME: 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: 24728534 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 d796716d497.htm NML VARIABLE LIFE ACCOUNT (VJL) NML Variable Life Account (VJL)
THE NORTHWESTERN MUTUAL LIFE INSURANCE COMPANY
PROSPECTUSES DATED MAY 1, 2023
NORTHWESTERN MUTUAL VARIABLE LIFE ACCOUNT
VARIABLE LIFE
VARIABLE COMPLIFE®
VARIABLE JOINT LIFE
VARIABLE EXECUTIVE LIFE
This Supplement updates certain information in the most recent prospectuses, initial summary prospectuses and updating summary prospectuses, as applicable, for the above-referenced variable life policies and any supplements to the prospectuses, initial summary 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 March 1, 2024, Appendix A Portfolios Available under Your Policy is amended to reflect the following information for the Fidelity® VIP Mid Cap Portfolio Initial Class, and the Fidelity® VIP Contrafund® Portfolio Initial Class, respectively, to reflect a restatement of the funds’ current expenses:
Investment
Objective
Portfolio and Adviser/
Sub-adviser (if applicable)
Current
Expenses
Average Annual
Total Returns
(as of 12/31/2022)
1 Year
5 Year
10 Year
Long-term growth of
capital
Fidelity® VIP Mid Cap
Portfolio – Initial Class4
Fidelity Management &
Research Company LLC
(FMR)5
0.57%
-14.74%
5.95%
9.96%
Long-term capital
appreciation
Fidelity® VIP Contrafund®
Portfolio – Initial Class4
FMR5
0.56%
-26.31%
8.66%
11.43%
Please retain this Supplement for future reference.
This Supplement is dated March 7, 2024.