Prospectus supplement dated March 9, 2022
to the following
prospectus(es):
BOA FPVUL prospectus dated May 1,
2021
BOA MSPVL prospectus dated May 1, 2008
BOA SPVL, BOA Multiple Pay, BOA Last Survivor FPVUL, and
Multi-Flex FPVUL prospectuses dated May 1, 2002
| This
supplement updates certain information contained in your prospectus. Please read it and keep it with your prospectus for future reference. |
At meetings held on November 29 – December 1, 2021, the
Board of Trustees (the "Board") of Invesco V.I. Core Bond Fund (the "Board"), approved the merger of the Invesco V.I. Core Bond Fund (the "Target Fund") into the Invesco V.I. Core Plus Bond Fund (the "Acquiring Fund"). Subject to shareholder
approval, the merger will be effective on or about April 29, 2022 (the "Effective Date").
As of the Effective Date, the following changes apply to the
policy:
| •
|
the Target Fund will no
longer be available to receive transfers or new purchase payments; |
| •
|
the Target Fund will
transfer all or substantially all of its assets to the Acquiring Fund in exchange for shares of the Acquiring Fund; and |
| •
|
the
Acquiring Fund will assume all liabilities of the Target Fund. |
Accordingly, the following changes apply to the
prospectus:
(1) Appendix A is amended
to add the following:
Invesco - Invesco
V.I. Core Plus Bond Fund: Series I Shares
This Sub-Account is only available in
policies issued before April 29, 2022
| Investment
Advisor: |
Invesco
Advisers, Inc. |
| Investment
Objective: |
Total
return, comprised of current income and capital appreciation. |
(2) All references in the prospectus to the
Target Fund are deleted and replaced with the Acquiring Fund.