# EDGAR Filing Document

**Accession Number:** 0000796154
**File Stem:** 0001193125-23-062299
**Filing Date:** 2023-3
**Character Count:** 6031
**Document Hash:** 2002614e4ead419495347e4a654ced31
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-23-062299.hdr.sgml**: 20230307

**ACCESSION NUMBER**: 0001193125-23-062299

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20230307

**DATE AS OF CHANGE**: 20230307

**EFFECTIVENESS DATE**: 20230307

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Nassau Life Variable Universal Life Account
- **CENTRAL INDEX KEY:** 0000796154
- **IRS NUMBER:** 000000000
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-152387
- **FILM NUMBER:** 23711259

**BUSINESS ADDRESS:**
- **STREET 1:** ONE AMERICAN ROW
- **STREET 2:** 10TH FLOOR
- **CITY:** HARTFORD
- **STATE:** CT
- **ZIP:** 06102
- **BUSINESS PHONE:** 860-403-6461

**MAIL ADDRESS:**
- **STREET 1:** ONE AMERICAN ROW
- **STREET 2:** 10TH FLOOR
- **CITY:** HARTFORD
- **STATE:** CT
- **ZIP:** 06102-5056

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PHOENIX LIFE VARIABLE UNIVERSAL LIFE ACCOUNT
- **DATE OF NAME CHANGE:** 20020205

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PHOENIX HOME LIFE VARIABLE UNIVERSAL LIFE ACCOUNT  /CT/
- **DATE OF NAME CHANGE:** 19950501

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PHOENIX MUTUAL VARIABLE UNIVERSAL LIFE ACCOUNT
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### PHOENIX LIFE VARIABLE UNIVERSAL LIFE ACCOUNT (Series ID: S000007650)

---

|  |  |
|:---|:---|
| Class Name            | Class ID   |
| PHOENIX EXECUTIVE VUL | C000069319 |

---

## Series and Classes Contracts Data

### PHOENIX LIFE VARIABLE UNIVERSAL LIFE ACCOUNT (Series ID: S000007650)

| Class ID   | Class Name            | Ticker Symbol   |
|:---|:---|:---|
| C000069319 | PHOENIX EXECUTIVE VUL |  |

**<u>NASSAU LIFE INSURANCE COMPANY</u>**

**Nassau Life Variable Accumulation Account** 

**Nassau Life Variable Universal Life Account** 

**Nassau Life Separate Account C** 

**Nassau Life Separate Account D** 

**<u>PHL VARIABLE INSURANCE COMPANY</u>**

**PHL Variable Accumulation Account<u> </u>** 

**PHL Variable Accumulation Account II** 

**PHLVIC Variable Universal Life Account** 

**<u>NASSAU LIFE AND ANNUITY COMPANY</u>**

**Nassau Life and Annuity Variable Universal Life Account** 

**NOTICE OF UNDERLYING FUND MERGER** 

**DATED MARCH 7, 2023** 

On or about April 21, 2023 (the "merger date"), two underlying funds for your variable annuity or variable life insurance contract will merge: the Wanger Select fund (the "merging fund") will merge into the Wanger Acorn fund (the "surviving fund"). On the merger date, any contract value allocated to the variable investment option corresponding to the merging fund will be automatically transferred to the variable investment option corresponding to the surviving fund. Such transfer will occur without charge and will not count toward any limit on transfers.

The merger will not result in any change to your contract value or any cost to you. There will be no tax consequences for you. The fees and charges under your contract will not increase as a result of the merger. Your rights and our obligations under your contract will not be altered in any way.

**Please note the following free transfer rights in connection with the merger:** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• From the date of this notice through the merger date, you may transfer any contract value allocated to the
variable investment option corresponding to the merging fund to any other variable investment option available under your contract free of charge.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• For 60 days after the merger date, if any portion of your contract value was automatically transferred to the
variable investment option corresponding to the surviving fund as a result of the merger, you may transfer contract value allocated to that variable investment option to any other variable investment option available under your contract free of
charge.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Any such free transfer will not count toward any limit on the number of transfers that may be performed under
your contract (except restrictions to discourage frequent transfer activity and/or market timing).

After the merger date, the variable investment option corresponding to the merging fund will no longer be available for investment. All standing instructions that include the variable investment option corresponding to the merging fund will be automatically updated to include the variable investment option corresponding to the surviving fund.

If you have any questions regarding this notice, please contact the customer service center for your contract.

\* \* \*

---

| | | |
|:---|:---|:---|
| **Prospectus (497) and Updating Summary Prospectus Supplement (497VPU)** | **Prospectus (497) and Updating Summary Prospectus Supplement (497VPU)** | **Prospectus (497) and Updating Summary Prospectus Supplement (497VPU)** |
| &nbsp;&nbsp;&nbsp;&nbsp; Nassau Life Variable Accumulation<br> Account: 002-78020 | Nassau Life Variable Universal Life Account: 033-23251 | PHL Variable Accumulation Account:<br> 033-87376 |
| **Prospectus Supplement (497)** | **Prospectus Supplement (497)** |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Nassau Life Variable Accumulation Account: 333-123035; 333-68872; 333-82916; 333-31320; 333-47862; 333-153048 | Nassau Life Variable Universal<br> Life Account: 033-06793; 333-86921; 333-119919; 033-37129; 333-146301; 333-149636; 333-152387; 033-37330; 333-23171; 333-58757 | PHL Variable Accumulation Account:<br> 333-123040; 333-68164; 333-82912; 333-95611; 333-48140; 333-78761; 333-152905 |
| &nbsp;&nbsp;&nbsp;&nbsp; Nassau Life and Annuity Variable Universal Life Account: 333-12989 | Nassau Life Separate Account C: 033-49564 | Nassau Life Separate Account D:<br> 033-49562 |
| &nbsp;&nbsp;&nbsp;&nbsp; PHL Variable Accumulation Account II: 333-147565 | PHLVIC Variable Universal Life Account: 333-143656; 333-149105; 333-119916; 333-76778; 333-81458; 333-65823; 333-152389 |  |

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