SUPPLEMENT DATED JANUARY 20, 2021

to the following variable annuity prospectuses dated May 1, 2020

Issued by Union Security Insurance Company:

EmPower

Masters

Masters +

Triple Crown

TD Waterhouse

Issued by Union Security Life Insurance Company of New York:

Masters

TD Waterhouse

This supplement updates certain information in your prospectus for insurance products issued by

Union Security Insurance Company (“USIC”) and Union Security Life Insurance Company of New York* (USLIC)

On January 18, 2021, the owners of Hopmeadow Holdings LP (“HHLP”), a parent of Talcott Resolution Life Insurance Company (“TL”) and Talcott Resolution Life and Annuity Insurance Company (“TLA”), signed a definitive agreement to sell all of the equity interests in HHLP and its subsidiaries, including TL and TLA, to Sixth Street Partners, a global investment firm. The sale is subject to regulatory approval and the satisfaction of other closing conditions.

Talcott Resolution will continue to administer and provide all contractual benefits of your annuity. The terms, features and benefits of your insurance contract will NOT change as a result of the sale.

*Talcott Resolution Life Insurance Company and Talcott Resolution Life and Annuity Insurance Company administer the annuity contracts issued by USIC and USLIC.

This Supplement Should Be Retained for Future Reference

HV-7823