# EDGAR Filing Document

**Accession Number:** 0000948923
**File Stem:** 0001104659-25-090721
**Filing Date:** 2025-9
**Character Count:** 229410
**Document Hash:** f6d52f8796ba79ae0fdb69032b2203ab
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-25-090721.hdr.sgml**: 20250917

**ACCESSION NUMBER**: 0001104659-25-090721

**CONFORMED SUBMISSION TYPE**: 485BPOS

**PUBLIC DOCUMENT COUNT**: 25

**FILED AS OF DATE**: 20250917

**DATE AS OF CHANGE**: 20250917

**EFFECTIVENESS DATE**: 20250929

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PROTECTIVE VARIABLE LIFE SEPARATE ACCOUNT
- **CENTRAL INDEX KEY:** 0000948923

**ORGANIZATION NAME:**
- **EIN:** 630169720
- **STATE OF INCORPORATION:** TN
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 485BPOS
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07337
- **FILM NUMBER:** 251319275

**BUSINESS ADDRESS:**
- **STREET 1:** 2801
- **STREET 2:** 2801 HIGHWAY 280 SOUTH
- **CITY:** BIRMINGHAM
- **STATE:** AL
- **ZIP:** 35223
- **BUSINESS PHONE:** 2058683586

**MAIL ADDRESS:**
- **STREET 1:** 2801 HIGHWAY 280 SOUTH
- **CITY:** BIRMINGHAM
- **STATE:** AL
- **ZIP:** 35223
**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PROTECTIVE VARIABLE LIFE SEPARATE ACCOUNT
- **CENTRAL INDEX KEY:** 0000948923

**ORGANIZATION NAME:**
- **EIN:** 630169720
- **STATE OF INCORPORATION:** TN
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 485BPOS
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-232740
- **FILM NUMBER:** 251319274

**BUSINESS ADDRESS:**
- **STREET 1:** 2801
- **STREET 2:** 2801 HIGHWAY 280 SOUTH
- **CITY:** BIRMINGHAM
- **STATE:** AL
- **ZIP:** 35223
- **BUSINESS PHONE:** 2058683586

**MAIL ADDRESS:**
- **STREET 1:** 2801 HIGHWAY 280 SOUTH
- **CITY:** BIRMINGHAM
- **STATE:** AL
- **ZIP:** 35223

## Series and Classes Contracts Data

### PROTECTIVE VARIABLE LIFE SEPARATE ACCOUNT (Series ID: S000010421)

| Class ID   | Class Name                             | Ticker Symbol   |
|:---|:---|:---|
| C000214950 | Protective Strategic Objectives II VUL |  |

?xml version='1.0' encoding='ASCII'?

**As Filed with the Securities and Exchange Commission on September 17, 2025**

**Registration File No. 333-232740 811-07337**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, DC 20549**

**FORM N-6**

**REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933** **☒**

**Pre-Effective Amendment No.** **☐**

**Post-Effective Amendment No. 19** **☒**

**and**

**REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940** **☒**

**Amendment No. 127** **☒**

**(Check appropriate box or boxes)**

**Protective Variable Life Separate Account**

(Exact name of registrant)

**Protective Life Insurance Company**

(Name of depositor)

**2801 Highway 280 South**

**Birmingham, Alabama 35223**

(Address of depositor's principal executive offices)

**(800) 265-1545**

Depositor's Telephone Number, including Area Code

**BRANDON J. CAGE, Esq.**

**2801 Highway 280 South**

**Birmingham, Alabama 35223**

(Name and address of agent for service)

**Copy to:**

**STEPHEN E. ROTH, Esquire**

**THOMAS E. BISSET, Esquire**

**Eversheds Sutherland (US) LLP**

**700 Sixth Street, N.W., Suite 700**

**Washington, DC 20001-3980**

**It is proposed that this filing will become effective (check appropriate box):**

☐ **immediately upon filing pursuant to paragraph (b) of Rule 485**

☒ **on September 29, 2025 pursuant to paragraph (b) of Rule 485**

☐ **60 days after filing pursuant to paragraph (a)(1) of Rule 485**

☐ **on ________pursuant to paragraph (a)(1) of Rule 485**

**Title of Securities Being Registered: Interests in Individual Flexible Premium Variable and Fixed Life Insurance Policies**

**Supplement dated September 29, 2025, to the Prospectus dated May 1, 2025, for**

**Protective Strategic Objectives II VUL variable life policies**

**Issued by Protective Life Insurance Company**

**Protective Variable Life Separate Account**

*This Supplement amends certain information in your variable universal life policy Prospectus. Please read this Supplement carefully and keep it with your Prospectus for future reference. You may obtain a current prospectus by visiting www.protective.com/productprospectus or by calling 1-800-265-1545.*

 

*The purpose of this Supplement is to make certain current fee changes that only apply to Policies with an application signed on or after October 13, 2025. Additionally, this Supplement will make available an optional Extended No-Lapse Guarantee Rider and update the surrender charge period for applications signed on or after October 13, 2025. These changes do not apply to Policies issued in California unless otherwise indicated below.*

 

 **

***The definition of Surrender Charge under the SPECIAL TERMS section is deleted and replaced with the following:***

 

**Surrender Charge A charge deducted from the Policy Value if the Policy is surrendered, Lapses, or the Initial Face Amount is decreased during the applicable surrender charge period.** 

***The Charges for Early Withdrawals section in the IMPORTANT INFORMATION YOU SHOULD CONSIDER ABOUT THE POLICY section is deleted and replaced with the following:***

 ****

---

| | |
|:---|:---|
| **FEES AND EXPENSES** | **FEES AND EXPENSES** |
| **Charges for Early Withdrawals** | If you withdraw money from your Policy after the first year, a withdrawal charge equal to the lesser of 2% of the amount withdrawn or $25 will be deducted from the Policy Value. For example, if you were to withdraw $100,000 from your Policy, you would be assessed a withdrawal charge of $25. <br> For Policies with an application signed on or after October 13, 2025, if you surrender the Policy within the first 14 Policy Years, you will be subject to a surrender charge of up to 5.80% of your Initial Face Amount. For example, if you surrender your Policy in the first Policy Year and the Initial Face Amount was $100,000, you could pay a surrender charge of up to $5,800. <br> For Policies with an application signed before October 13, 2025 (and Policies issued in CA), if you surrender the Policy within the first 10 Policy Years, you will be subject to a surrender charge of up to 5.65% of your Initial Face Amount. For example, if you surrender your Policy in the first Policy Year and the Initial Face Amount was $100,000, you could pay a surrender charge of up to $5,650. <br> For additional information about charges for surrenders and early withdrawals, see "CHARGES AND DEDUCTIONS" in the Prospectus. |

---

 **

***Effective October 13, 2025, the third question in the OVERVIEW OF THE PROTECTIVE STRATEGIC OBJECTIVES II VUL POLICY section of your prospectus is amended to include the following Additional Benefit.***

 **

● Extended No-Lapse Guarantee Rider: This rider guarantees that your Policy will not Lapse during the Maximum Extended Lapse Protection Period set forth in your Policy Schedule as long as all of the terms and conditions of this rider are met. There is an additional monthly charge for this optional benefit rider. The rider is available to Policies with an application signed on or after October 13, 2025. Not available in CA. See

 ****

 ****

"OTHER BENEFITS AVAILABLE UNDER THE POLICY" and "SUPPLEMENTAL RIDERS AND ENDORSEMENTS" for details on obtaining optional benefits.

***All references throughout the Prospectus to the guaranteed interest credited to the Loan Account are hereby amended to reflect that for Policies with applications signed on or after October 13, 2025, the guaranteed credited interest rate is no less than 3.00% (1.00% for Policies issued in CA).***

 ****

***The Premium Expense Charge section and the Surrender Charge section in the FEE TABLE –Transaction Fees section is amended to include the following:***

 **

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Charge** | &nbsp;&nbsp;**When Charge is<br> Deducted** | &nbsp;&nbsp;**Amount Deducted - <br> Maximum Guaranteed<br> Charge** | &nbsp;&nbsp;**Amount Deducted - <br> Current Charge** |
| &nbsp;&nbsp; **Premium Expense Charge (for Policies with an application signed on or after October 13, 2025):**<br>| &nbsp;&nbsp; Upon receipt of each premium payment<br>| &nbsp;&nbsp;5% of each premium payment | &nbsp;&nbsp;3.5% of each premium payment |
| &nbsp;&nbsp;**Surrender Charge (for Policies with an application signed on or after October 13, 2025): <sup>(1)</sup>** | &nbsp;&nbsp;**Surrender Charge (for Policies with an application signed on or after October 13, 2025): <sup>(1)</sup>** | &nbsp;&nbsp;**Surrender Charge (for Policies with an application signed on or after October 13, 2025): <sup>(1)</sup>** | &nbsp;&nbsp;**Surrender Charge (for Policies with an application signed on or after October 13, 2025): <sup>(1)</sup>** |
| &nbsp;&nbsp;Minimum and Maximum Charge | &nbsp;&nbsp; At the time of any (i) surrender; Lapse; or (ii) decrease in the Initial Face Amount which may occur if a withdrawal is made and Death Benefit Option A is in effect during the first 14 Policy Years<br>| &nbsp;&nbsp;$2.25 – $58.00 per $1,000 of Initial Face Amount or decrease in Initial Face Amount, as applicable | &nbsp;&nbsp;$2.25 – $58.00 per $1,000 of Initial Face Amount or decrease in Initial Face Amount, as applicable |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Charge for a 49 year old male in the nontobacco class during the first Policy Year<br>| &nbsp;&nbsp;At the time of any (i) surrender; Lapse; or (ii) decrease in the Initial Face Amount which may occur if a withdrawal is made and Death Benefit Option A is in effect during the first 14 Policy Years | &nbsp;&nbsp;$39.00 per $1,000 of Initial Face Amount or decrease in Initial Face Amount, as applicable | &nbsp;&nbsp;$39.00 per $1,000 of Initial Face Amount or decrease in Initial Face Amount, as applicable |

---

 ****

*<sup>(1)</sup>* *The Surrender Charge varies based on individual characteristics such as the Insured's Issue Age, sex and rate class, and decreases each Policy Year until it reaches zero after the fourteenth Policy Year (the tenth Policy Year for Policies with an application sign before October 13, 2025, and Policies issued in CA). The Surrender Charge shown in the table may not be typical of the charges you will pay. Your Policy's specification page will indicate the charges applicable to your Policy, and more detailed information concerning these charges is available on request from our Home Office.*

 ****

 ****

***Effective October 13, 2025, the FEE TABLE – Periodic Charges Other Than Fund Operating Expenses section is amended to include the following:***

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Charge** | &nbsp;&nbsp;**When Charge is <br> Deducted** | &nbsp;&nbsp;**Amount Deducted - <br> Maximum Guaranteed<br> Charge** | &nbsp;&nbsp; **Amount Deducted -<br> Current Charge**<br>|
| &nbsp;&nbsp; **Cost of Insurance (for Policies with an application signed on or after October 13, 2025):**<sup>(1)(2)</sup> | &nbsp;&nbsp; **Cost of Insurance (for Policies with an application signed on or after October 13, 2025):**<sup>(1)(2)</sup> | &nbsp;&nbsp; **Cost of Insurance (for Policies with an application signed on or after October 13, 2025):**<sup>(1)(2)</sup> | &nbsp;&nbsp; **Cost of Insurance (for Policies with an application signed on or after October 13, 2025):**<sup>(1)(2)</sup> |
| &nbsp;&nbsp;*Minimum and Maximum Charge* | &nbsp;&nbsp;On the Policy Effective Date and each Monthly Anniversary | &nbsp;&nbsp;$0.01 – $83.33 per $1,000 of Net Amount at Risk<sup>(2)</sup> | &nbsp;&nbsp;$0.01 – $70.46 per $1,000 of Net Amount at Risk<sup>(2)</sup> |
| &nbsp;&nbsp;*Charge for a 49 year old male in the nontobacco rate class during the first Policy Year with a Face Amount of $100,000.* | &nbsp;&nbsp;On the Policy Effective Date and each Monthly Anniversary | &nbsp;&nbsp;$0.18 per $1,000 of Net Amount at Risk | &nbsp;&nbsp;$0.04 per $1,000 of Net Amount at Risk |
| &nbsp;&nbsp;**Standard Administrative Fee (for Policies with an application signed on or after October 13, 2025):** | &nbsp;&nbsp;On the Policy Effective Date and each Monthly Anniversary Day | &nbsp;&nbsp;$9.00 | &nbsp;&nbsp;$9.00 |

---

*<sup>(1)</sup>* *Cost of insurance charges vary based on individual characteristics such as the Insured's Issue Age, sex and rate (i.e., underwriting) class and the number of years that the Policy has been in force, Face Amount (for Policies with an application signed on or after February 1, 2024), and the Net Amount at Risk on either the Policy Effective Date or the applicable Monthly Anniversary Date. The charge generally increases with Issue Age. In determining current cost of insurance charges, we may consider a variety of factors, including those unrelated to mortality experience. The cost of insurance charges shown in the table may not be typical of the charges you will pay. Your Policy's specification page will indicate the guaranteed cost of insurance charges applicable to your Policy, and more detailed information concerning your cost of insurance charges is available on request from our Home Office. Also, before you purchase the Policy, you may request personalized illustrations of hypothetical future benefits under the Policy based upon the Issue Age, sex and rate classification of the Insured, and the Face Amount, planned premiums, and riders requested. The cost of insurance charge shown in the above table has been rounded to the nearest hundredth. See "Charges and Deductions-Monthly Deduction".*

<sup>(2)</sup> *See definition of Net Amount at Risk in Special Terms.*

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Charge** | &nbsp;&nbsp;**When Charge is<br> Deducted** | &nbsp;&nbsp;**Amount Deducted - <br> Maximum Guaranteed<br> Charge** | &nbsp;&nbsp;**Amount Deducted - <br> Current Charge** |
| &nbsp;&nbsp; **Administrative Charge (for Policies with an application signed on or after October 13, 2025):<sup>(3)</sup>** | &nbsp;&nbsp; **Administrative Charge (for Policies with an application signed on or after October 13, 2025):<sup>(3)</sup>** | &nbsp;&nbsp; **Administrative Charge (for Policies with an application signed on or after October 13, 2025):<sup>(3)</sup>** | &nbsp;&nbsp; **Administrative Charge (for Policies with an application signed on or after October 13, 2025):<sup>(3)</sup>** |
| &nbsp;&nbsp;*Minimum and Maximum Charge* | &nbsp;&nbsp;On the Policy Effective Date and each Monthly Anniversary Day | &nbsp;&nbsp;$0.10 – $3.75 per $1,000 of Initial Face Amount | &nbsp;&nbsp; $0.10 – $3.41 per $1,000 of Initial Face Amount during the first 2 Policy Years and $0.04 - $1.36 per $1,000 of Initial Face Amount thereafter<br>|
| &nbsp;&nbsp;*Charge for a 49 year old male in the nontobacco rate class with a Face Amount of $100,000.* | &nbsp;&nbsp;On the Policy Effective Date and each Monthly Anniversary Day | &nbsp;&nbsp;$0.89 per $1,000 of Initial Face Amount | &nbsp;&nbsp; $0.81 per $1,000 of Initial Face Amount during the first 2 Policy Years and $0.33 per $1,000 of Initial Face Amount thereafter<br>|
| &nbsp;&nbsp; **Administrative Charge For Face Amount Increases (for Policies with an application signed on or after October 13, 2025):** <sup>(4)</sup> | &nbsp;&nbsp; **Administrative Charge For Face Amount Increases (for Policies with an application signed on or after October 13, 2025):** <sup>(4)</sup> | &nbsp;&nbsp; **Administrative Charge For Face Amount Increases (for Policies with an application signed on or after October 13, 2025):** <sup>(4)</sup> | &nbsp;&nbsp; **Administrative Charge For Face Amount Increases (for Policies with an application signed on or after October 13, 2025):** <sup>(4)</sup> |
| &nbsp;&nbsp;*Minimum and Maximum Charge* | &nbsp;&nbsp; *On the Effective Date of the increase and the subsequent 11 Monthly Anniversary Days*<br>| &nbsp;&nbsp;*$0.75 – $4.95 per $1,000 of any increase in Face Amount* | &nbsp;&nbsp;*$0.75 – $4.95 per $1,000 of any increase in Face Amount* |
| &nbsp;&nbsp;*Charge for a 49 year old male in the nontobacco rate class* | &nbsp;&nbsp;*On the Effective Date of the increase and the subsequent 11 Monthly Anniversary Days* | &nbsp;&nbsp;*$3.30 per $1,000 of any increase in Face Amount* | &nbsp;&nbsp;*$3.30 per $1,000 of any increase in Face Amount* |
| &nbsp;&nbsp;**Net Cost of Loans (for Policies with an application signed on or after October 13, 2025)**<sup>(5)</sup> | &nbsp;&nbsp;*On each Policy Anniversary, as applicable <sup>(6)</sup>* | &nbsp;&nbsp;*2.00% (annually) in Policy Years 1 through 10; 0.25% in Policy Years 11 and thereafter for both standard and carryover loans.* | &nbsp;&nbsp;*2.00% (annually) for standard loans, 1.00% for carryover loans in Policy Years 1 through 10; 0% for all loans in Policy Years 11 and thereafter* |

---

<sup>(3)</sup> *We call this the administrative charge in the Prospectus. The administrative charge varies based on the Insured's Issue Age, sex and rate class, and the Face Amount (for Policies with an application signed on or after February 1, 2024). For Policies with applications signed on or after October 13, 2025, the administrative charge will be higher in the first 2 Policy Years compared to thereafter. The administrative charge shown in the table may not be typical of the charges you will pay. Your Policy's specification page will indicate the guaranteed charges applicable to your Policy, and more detailed information concerning these charges is available on request from our Home Office.*

*<sup>(4)</sup>* *The administrative charge for Face Amount increases varies based on the Insured's Issue Age, sex, and rate class. The administrative charge shown in the table may not be typical of the charges you will pay. Your Policy's specification page will indicate the charges applicable to your Policy, and more detailed information concerning these charges is available on request from our Home Office.*

<sup>(5)</sup> The Net Cost of Loans is the difference between the rate of interest we charge you for a loan and the rate of interest we credit based upon the amount in your Loan Account. We charge interest daily on any outstanding loan at the following effective annual rates: (a) 5.00% for standard loans in Policy Years 1-10; (b) 4.00% current (5.00% guaranteed) for carry-over loans in Policy Years 1-10; and (c) 3.00% current (3.25% guaranteed) for all loans in Policy Years 11 and greater. We credit interest annually to the Loan Account on any outstanding loan at an effective annual interest rate of not less than 3.00% currently (1.00% guaranteed for Policies issued in CA and Policies with applications signed before October 13, 2025, and 3.00% guaranteed for Policies with applications signed on or after October 13, 2025).

<sup>(6)</sup> As long as a loan is outstanding, loan interest must be paid in arrears on each Policy Anniversary or, if earlier, on the date of loan repayment, Lapse, surrender, termination, or the Insured's death.

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Charge** | &nbsp;&nbsp;**When Charge is<br> Deducted** | &nbsp;&nbsp;**Amount Deducted - <br> Maximum Guaranteed <br> Charge** | &nbsp;&nbsp;**Amount Deducted - <br> Current Charge** |
| &nbsp;&nbsp;**ExtendCare Rider (for Policies with an application signed on or after October 13, 2025) <sup>(9)</sup>** | &nbsp;&nbsp;**ExtendCare Rider (for Policies with an application signed on or after October 13, 2025) <sup>(9)</sup>** | &nbsp;&nbsp;**ExtendCare Rider (for Policies with an application signed on or after October 13, 2025) <sup>(9)</sup>** | &nbsp;&nbsp;**ExtendCare Rider (for Policies with an application signed on or after October 13, 2025) <sup>(9)</sup>** |
| &nbsp;&nbsp;*Minimum and Maximum Charge* | &nbsp;&nbsp;*On the Effective Date and each Monthly Anniversary Day* | &nbsp;&nbsp;*$0.01 – $18.96 per $1,000 of Net Amount at Risk* | &nbsp;&nbsp;*$0.01 – $16.62 per $1,000 of Net Amount at Risk* |
| &nbsp;&nbsp;*Charge for a 57 year old female in the nontobacco rate class in the First Policy Year with a Face Amount of $250,000 and monthly benefit of $10,800* | &nbsp;&nbsp;*On the Effective Date and each Monthly Anniversary Day* | &nbsp;&nbsp;*$0.01 per $1,000 of Net Amount at Risk* | &nbsp;&nbsp;*$0.01 per $1,000 of Net Amount at Risk* |
| &nbsp;&nbsp; <br> **Extended No-Lapse Guarantee Rider**<sup>(11)</sup> | &nbsp;&nbsp; <br> **Extended No-Lapse Guarantee Rider**<sup>(11)</sup> | &nbsp;&nbsp; <br> **Extended No-Lapse Guarantee Rider**<sup>(11)</sup> | &nbsp;&nbsp; <br> **Extended No-Lapse Guarantee Rider**<sup>(11)</sup> |
| &nbsp;&nbsp;*Minimum and Maximum Charge* | &nbsp;&nbsp;*On the Effective Date and each Monthly Anniversary Day* | &nbsp;&nbsp;*$0.03 – $0.92 per $1,000 of Face Amount* | &nbsp;&nbsp;*$0.03 – $0.92 per $1,000 of Face Amount* |
| &nbsp;&nbsp;*Charge for a 45 year old male in the nontobacco rate class in the First Policy Year with a Face Amount of $250,000* | &nbsp;&nbsp;*On the Effective Date and each Monthly Anniversary Day* | &nbsp;&nbsp;*$0.16 per $1,000 of Face Amount* | &nbsp;&nbsp;*$0.16 per $1,000 of Face Amount* |

---

<sup>(9)</sup> The charge for the ExtendCare Chronic Illness Accelerated Death Benefit Rider varies based on the Insured's Issue Age, sex and rate (i.e., underwriting) class, the number of years that the Policy has been in force, Face Amount and monthly benefit (maximum monthly benefit chosen at the issuance of the Policy). The rider charge shown in the table may not be typical of the charges you will pay. Your Policy's specifications page will indicate the rider charge applicable to your Policy, and more detailed information concerning this charge is available on request from our Home Office. Not available in CA.

*<sup>(11)</sup>* *The charge for the Extended No-Lapse Guarantee Rider varies based on the Issue Age, underwriting class, Face Amount, and sex of the Insured. The rider charge shown for the representative insured may not be typical of the*

*charges you will pay. Your Policy's specification page will indicate the charges applicable to your Policy, and more detailed information concerning these charges is available on request from our Home Office. Not available in CA.*

***The first paragraph of the Withdrawal and Surrender Risks section of the PRINCIPAL RISKS OF INVESTING IN THE POLICY is deleted and replaced with the following:***

 ****

 ****

**Withdrawal and Surrender Risks**

The Surrender Charge under the Policy applies during the first 14 Policy Years (10 Policy Years for Policies with applications signed before October 13, 2025). The Surrender Value of the Policy is generally the Policy Value less the Surrender Charge and Policy Debt and any liens (including accrued interest). It is possible that your Policy will have no Surrender Value during the first few Policy Years. You should purchase the Policy only if you have the financial ability to keep it in force for a substantial period of time. You should not purchase the Policy if you intend to surrender all or part of the Policy Value in the near future. We designed the Policy to meet long-term financial goals. The Policy is not suitable as a short-term investment.

 ****

***The Interest Credited on Fixed Account Value section of THE COMPANY AND THE FIXED ACCOUNT section is deleted and replaced with the following:***

***Interest Credited on Fixed Account Value.*** The interest rate credited to Net Premiums allocated to or amounts transferred to the Fixed Account will be the annual effective interest rate in effect on the date that the Net Premium(s) is received by Protective Life or the date that the transfer is made. Protective Life, in its sole discretion, may declare a new current interest rate from time to time. Protective Life will credit annual effective interest rates of not less than 1.00%. For purposes of crediting interest, amounts deducted, transferred or withdrawn from the Fixed Account are accounted for on a "first-in-first-out" (FIFO) basis.

For Policies with an application signed before October 13, 2025, Protective Life guarantees that the interest credited during the first Policy Year to the initial Net Premiums allocated to the Fixed Account will not be less than the initial annual effective interest rate shown in the Policy. The interest rate is guaranteed to apply to such amounts for a twelve month period which begins on the date that the Net Premium(s) is allocated or the date that the transfer is made. After an interest rate guarantee expires as to a Net Premium or amount transferred, (i.e., 12 months after the Net Premium or transfer is placed in the Fixed Account) Protective Life will credit interest on the Fixed Account Value attributable to such Net Premium or transferred amount at the current interest rate in effect. New current interest rates are effective for such Fixed Account Value for 12 months from the time that they are first applied.

 ****

***The CHARGES AND DEDUCTIONS section is amended as follows:***

 

*The Monthly Administration Fees section is amended to include the following:*

**Monthly Administrative Fees (for Policies with an application signed on or after October 13, 2025).** We deduct a monthly administrative charge from your Policy Value to compensate us for issue and administrative costs. The monthly administrative charge is $9 per month. We also deduct a monthly administrative charge for the Initial Face Amount which is equal to a fee per $1,000 of Initial Face Amount per month for all Policy Years to age 120. This

monthly administrative charge will be higher in the first 2 Policy Years compared to later years. The actual fee varies depending on the Insured's Issue Age, sex and rate classification, and Face Amount. We guarantee that the current monthly administrative charge per $1,000 of Initial Face Amount will not exceed the maximum monthly administrative charge per $1,000 of Initial Face Amount set forth in your Policy. Representative guaranteed administrative charges per $1,000 of Initial Face Amount for an Insured male non-tobacco at each specified Issue Age, and a Face Amount of $100,000 are set forth below:

**For Policies with an application signed on or after October 13, 2025:**

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Issue Age** | &nbsp;&nbsp;**Administrative Charge Per<br> $1,000 of Initial Face<br> Amount** |
| &nbsp;&nbsp;35 | &nbsp;&nbsp;$2.50 |
| &nbsp;&nbsp;40 | &nbsp;&nbsp;2.70 |
| &nbsp;&nbsp;45 | &nbsp;&nbsp;3.00 |
| &nbsp;&nbsp;50 | &nbsp;&nbsp;3.40 |
| &nbsp;&nbsp;55 | &nbsp;&nbsp;3.80 |
| &nbsp;&nbsp;60 | &nbsp;&nbsp;4.50 |
| &nbsp;&nbsp;65 | &nbsp;&nbsp;4.95 |
| &nbsp;&nbsp;70 | &nbsp;&nbsp;4.95 |
| &nbsp;&nbsp;75 | &nbsp;&nbsp;4.95 |

---

 

 

*The Surender Charge section is deleted and replaced with the following:*

**Surrender Charge**

**For Policies with an application signed on or after October 13, 2025, during the first 14 Policy Years, a Surrender Charge will be deducted from your Policy Value if: (1) the Policy is surrendered; (2) the Policy lapses at the end of a grace period or (3) the Initial Face Amount is reduced. The Surrender Charge is deducted before any Surrender Value is paid.** 

**For Policies with an application signed before October 13, 2025, during the first 10 Policy Years, a Surrender Charge will be deducted from your Policy Value if: (1) the Policy is surrendered; (2) the Policy lapses at the end of a grace period or (3) the Initial Face Amount is reduced. The Surrender Charge is deducted before any Surrender Value is paid.**

**The Surrender Charge varies depending on Issue Age, sex and rate class of the Insured and is set forth in your Policy. Representative Surrender Charges per $1,000 of Initial Face Amount for the first Policy Year for an Insured male non-tobacco at each specified Issue Age are set forth below. The Surrender Charge decreases over the applicable surrender charge period (after the applicable surrender charge period, there is no charge). For a decrease in the Initial Face Amount, the charge shown is per $1,000 of decrease.**

**For Policies with an application signed on or after October 13, 2025:**

---

| | |
|:---|:---|
| **Issue Age** | **Surrender Charge (First Year) per $1,000 of Initial Face Amount** |
| **30** | **2.750%** |
| **35** | **2.975%** |
| **40** | **3.250%** |
| **45** | **3.575%** |
| **50** | **4.000%** |
| **55** | **4.550%** |
| **60** | **5.250%** |
| **65** | **5.775%** |
| **70** | **5.725%** |
| **75** | **5.675%** |

---

**For Policies with an application signed before October 13, 2025:**

---

| | |
|:---|:---|
| **Issue Age** | **Surrender Charge (First Year) per $1,000 of Initial Face Amount** |
| **30** | **2.675%** |
| **35** | **2.875%** |
| **40** | **3.125%** |
| **45** | **3.425%** |
| **50** | **3.800%** |
| **55** | **4.275%** |
| **60** | **4.950%** |
| **65** | **5.400%** |
| **70** | **5.250%** |
| **75** | **5.075%** |

---

In the event of a decrease in the Initial Face Amount, the pro-rated Surrender Charge will be allocated to each Sub-Account and to the Fixed Account based on the proportion of unloaned Policy Value in each Sub-Account and in the Fixed Account. A Surrender Charge imposed in connection with a reduction in the Initial Face Amount reduces the remaining Surrender Charge that may be imposed in connection with a surrender of the Policy.

The purpose of the Surrender Charge is to reimburse Protective Life for some of the expenses incurred in the distribution of the Policies. Protective Life also deducts a premium expense charge for this purpose from each premium paid. See "Premium Expense Charge."

 **

 ****

 ****

***Effective October 13, 2025, the OTHER BENEFITS AVAILABLE UNDER THE POLICY section is amended to include the following:***

 **

---

| | | | |
|:---|:---|:---|:---|
| **Name of Benefit** | **Purpose** | **Is Benefit Standard <br> or Optional?** | **Brief Description of <br> Restrictions/Limitations** |
| **Extended No-Lapse Guarantee Rider** | **Guarantees that your Policy will not Lapse during the Maximum Extended Lapse Protection Period set forth in your Policy Schedule.** | **Optional** | &nbsp;&nbsp;&nbsp;&nbsp; ● Only to be added at the time of Policy issue.<br>● Death Benefit Option A must be in effect. <br>● The Minimum Monthly Requirement will vary by Policy benefits, Issue Age, Face Amount, sex and rate class of the Insured. <br>● If on any Monthly Anniversary Day, the Accumulated Net Payments Received does not equal or exceed the Accumulated Minimum Monthly Requirements, this rider will terminate.<br>● If on any Monthly Anniversary Day, the Policy Debt exceeds the Policy's Cash Value, this rider will terminate.<br>● Any change in the benefits provided by this Policy made subsequent to the Policy Effective Date and during the Maximum Extended Lapse Protection Period, may result in a change to the Minimum Monthly Requirement and associated rates and charges shown in the Policy Schedule.<br>|

---

 **

 ****

***Effective October 13, 2025, the SUPPLEMENTAL RIDERS AND ENDORSEMENTS section is amended to include the following:***

 

**Extended No-Lapse Guarantee Rider. The rider guarantees that your Policy will not Lapse during the Maximum Extended Lapse Protection Period set forth in your Policy Schedule, if for each month that the Policy has been in force the Accumulated Net Payments Received, less any Policy debt, is equal to, or greater than, the Accumulated**

**Minimum Monthly Requirement. The Minimum Monthly Requirement is based upon the Company's anticipated cost of providing this rider on a specific Policy. This amount varies with Policy benefits, Issue Age, Face Amount, sex and rate class of the Insured. Any change in the benefits provided by this Policy made subsequent to the Policy Effective Date and during the Maximum Extended Lapse Protection Period, may result in a change to the Minimum Monthly Requirement along with associated rates and charges (the "Extended Lapse Protection Premium Expense Charge") shown in the Policy Schedule. If a partial surrender or elected decrease is made during the Maximum Extended Lapse Protection Period, the Accumulated Net Payments Received is assessed the Surrender Charge on a pro rata basis.**

If on any Monthly Anniversary Day, the Accumulated Net Payments Received, less any Policy Debt, does not equal or exceed the Accumulated Minimum Monthly Requirements or the Policy Debt exceeds the Cash Value, this rider will terminate. The Extended No-Lapse Guarantee Rider will terminate when the insured reaches the age of 121. The Extended No-Lapse Guarantee Rider is only available with the Death Benefit Option A (Level Death Benefit). A change to Death Benefit Option B (Increasing Death Benefit) will result in the rider being terminated. This rider is not available in California.

The Accumulated Minimum Monthly Requirement equals the Minimum Monthly Requirement for a given month plus the total Accumulated Minimum Monthly Requirement from prior months multiplied by one plus the Threshold Accumulation Factor shown in the Policy Schedule.

The Accumulated Net Payments Received equals the Extended Lapse Net Premium Received for a given month plus the total Accumulated Net Payments Received from prior months, and then that total is accumulated with interest. The interest rate(s) used depends on the relative values of the Accumulated Net Payments Received and the Accumulated Fund Threshold. The Accumulated Fund Threshold is equal to the Accumulated Fund Threshold value from the previous month accumulated with interest at the Threshold Accumulation Factor shown on the Policy Schedule, plus, if it is the first month of a Policy Year, the applicable Threshold Premium shown on the Policy Schedule. One interest rate (the Threshold Accumulation Factor shown on the Policy Schedule) is applied to the amount of Accumulated Net Payments Received up to the Accumulated Fund Threshold, while another interest rate (the Excess Accumulation Factor shown on the Policy Schedule) is applied to the excess of the Accumulated Net Payments Received above the Accumulated Fund Threshold.

Example: Assume a 45 year old male preferred non-smoker purchases a Policy with a $250,000 Face Amount. The Extended No-Lapse Guarantee Rider is added on the Policy. The Policy Schedule indicates the Extended Lapse Protection Premium Expense Charge of 1.00% in Policy Year 1, the initial Minimum Monthly Requirement is $161.88, the Threshold Accumulation Factor is 0.446150%, the Excess Accumulation Factor is 0.105844%, and an initial Threshold Premium of $5,980.25. The owner makes an initial premium payment of $200, which is an Extended Lapse Protection Net Premium Received of $198 ($200 less 1.00%, the Extended Lapse Protection Premium Expense Charge).

In the first policy month, the Accumulated Fund Threshold ($5,980.25) is equal to the initial Threshold Premium. The Accumulated Minimum Monthly Requirement is $162.60 which is $161.88 (the initial Minimum Monthly Requirement) multiplied by 1.00446150 (one plus the Threshold Accumulation Factor). The Accumulated Net Payments Received ($198.00) is less than the Accumulated Fund Threshold ($5,980.25), so the Threshold Accumulation Factor is applied to the entire Accumulated Net Payments Received value. The Accumulated Net Payments Received in the first policy month, after accumulation, is thus $198.88 ($198.00 multiplied by 1.00446150). Because the Accumulated Net Payments Received of $198.88 equals or exceeds the Accumulated Minimum Monthly Requirement $162.60, the conditions have been met for the first month for the rider to remain in effect guaranteeing the Policy remain in force.

Assume on each of the 23 subsequent monthly anniversaries, the owner has made premium payments of the same amount and taken no partial surrenders or Policy Loans. The total premiums paid for the Policy equals $4,800.00.

The Accumulated Net Payments Received at the end of policy month 24 is $5,026.30 and the Accumulated Minimum Monthly Requirement is $4,109.26. Because the Accumulated Net Payments Received equals or exceeds the Accumulated Minimum Monthly Requirement, the conditions have been met on this monthly anniversary day. Since the rider remains in effect, the policy is guaranteed to remain in force. If the Cash Value of the Policy is reduced to zero at this time and the insured dies, the death benefit will still be the Face Amount of $250,000.

Assume that starting with the 24th monthly anniversary, the owner misses the next six anticipated monthly premium payments. At the end of policy month 30, the Accumulated Net Payments Received has accumulated to $5,162.36 while the Accumulated Minimum Monthly Requirement has accumulated to $5,207.02. Also assume that the Cash Value of the Policy is zero. Because the Accumulated Net Payments Received is less than the Accumulated Minimum Monthly Requirement, the owner must pay additional premiums within the 60-day grace period to keep the rider in effect and the Policy in force. Under these circumstances, if the insured dies outside of the 60-day grace period without having made the necessary additional premium payments, the death benefit will be $0.

***The LAPSE AND REINSTATEMENT section is amended as follows:***

 

*The first paragraph of the Lapse section is deleted and replaced with the following:*

 

Failure to pay planned periodic premiums will not necessarily cause a Policy to Lapse (terminate without value). Paying all planned periodic premiums will not necessarily prevent a Policy from lapsing. Except when the Lapse Protection Endorsement of the Policy or the Extended No-Lapse Guarantee Rider are in effect, a Policy will Lapse if its Policy Value less the Surrender Charge and Policy Debt is insufficient to cover the Monthly Deduction on the Monthly Anniversary Day. Absent any lapse protection, if the Surrender Value on any Monthly Anniversary Day is less than the amount of the Monthly Deduction due on that date, the Policy will be in default and a grace period will begin. This could happen if investment experience has been sufficiently unfavorable that it has resulted in a decrease in Surrender Value or the Surrender Value has decreased because you have not paid sufficient Net Premiums to offset prior Monthly Deductions.

 

*The Lapse Protection section is amended to include the following:*

The Policy may be eligible for the Extended No-Lapse Guarantee Rider that may help prevent the Policy from Lapsing. For additional information about the optional Extended No-Lapse Guarantee Rider, see "OTHER BENEFITS AVAILABLE UNDER THE POLICY" and "SUPPLEMENTAL RIDERS AND ENDORSEMENTS" in the Prospectus.

 

***Effective October 13, 2025, the Administrative Fees and Surrender Charges section in the EXCHANGE PRIVILEGE section are hereby deleted and replaced with the following:***

 ****

 ****

---

| | | |
|:---|:---|:---|
| | **Existing Life Policy** | **Policy** |
| **Administrative Fees** | **Ranges from $4 to $9 per month in all Policy Years** | **$9 per month in all Policy Years and a fee per $1,000 of Initial Face Amount per month that varies based on the Insured's Issue Age, sex and rate class.** |

---

---

| | | |
|:---|:---|:---|
| **Surrender Charges** | **Surrender charges vary by policy type and are incurred during a surrender charge period which ranges from 0 Policy Years up to 19 Policy Years.** | **A surrender charge per $1,000 of Initial Face Amount is assessed on surrenders, Lapse, or decrease in the initial Face Amount during the first 14 Policy Years.** |

---

\* \* \*

If you have any questions regarding this supplement, please work with your financial professional or contact us toll free at 1-800-265-1545. **Please keep this Supplement for future reference.**

Prospectus

(Included in Registration's Form N-6, File No. 333-232740, [Accession No. 0001104659-25-037904](https://www.sec.gov/ix?doc=/Archives/edgar/data/948923/000110465925037904/tm256312d1_485bpos.htm) filed on April 23, 2025, and incorporated by reference herein.)

SAI

(Included in Registration's Form N-6, File No. 333-232740, [Accession No. 0001104659-25-037904](https://www.sec.gov/ix?doc=/Archives/edgar/data/948923/000110465925037904/tm256312d1_485bpos.htm) filed on April 23, 2025, and incorporated by reference herein.)

**PART C**

**OTHER INFORMATION**

**Item 30. *Exhibits***

(a) Board of Directors Resolutions

(a) (1) [Resolution of the Board of Directors of Protective Life Insurance Company establishing Protective Variable Life Separate Account](https://www.sec.gov/Archives/edgar/data/948923/000110465919041132/a19-11092_1ex99d1.htm) is incorporated herein by reference to the Form N-6 Registration Statement (File No. 333-232740), as filed with the Commission on July 19, 2019.

(b) Custodial Agreements - Not Applicable.

(c) Underwriting Contracts

(c) (1) [Underwriting Agreement among Protective Life Insurance Company, Investment Distributors, Inc. and Protective Variable Life Separate Account](https://www.sec.gov/Archives/edgar/data/948923/000110465919041132/a19-11092_1ex99d3a.htm) is incorporated herein by reference to the Form N-6 Registration Statement (File No. 333-232740), as filed with the Commission on July 19, 2019.

(c) (1) (i) [Amendment No. 1 dated June 1, 1998 to the Underwriting Agreement (PLICO-IDI-PVLSA)](https://www.sec.gov/Archives/edgar/data/948923/000110465919041132/a19-11092_1ex99d3a1.htm) is incorporated herein by reference to the Form N-6 Registration Statement (File No. 333-232740), filed with the Commission on July 19, 2019.

(c) (1) (ii) [Second Amended Distribution Agreement dated October 24, 2013 (PLICO-IDI)](http://www.sec.gov/Archives/edgar/data/914245/000110465914030654/a14-3284_1ex3db.htm) is incorporated herein by reference to Post-Effective Amendment No. 1 to the Form N-4 Registration Statement (File No. 333-190294), filed with the Commission on April 25, 2014.

(c) (1) (iii) [Revised Second Amended Distribution Agreement dated June 1, 2018 (PLICO-IDI)](http://www.sec.gov/Archives/edgar/data/914245/000110465918046234/a18-13967_1ex99d3aii.htm) is incorporated herein by reference to Post-Effective Amendment No. 26 to the Form N-4 Registration Statement (File No. 333-112892), filed with the Commission on July 20, 2018.

(c) (1) (iv) [Amendment No. 1 to the Second Amended Distribution Agreement (PLICO-IDI)](https://www.sec.gov/Archives/edgar/data/1817186/000110465920086540/a20-22205_1ex99d3ciii.htm) is incorporated herein by reference to the Form N-4 Registration Statement (File No. 333-240102), filed with the Commission on July 27, 2020.

(c) (1) (v) [Revised Schedule to Second Amended Distribution Agreement between IDI and PLICO](https://www.sec.gov/Archives/edgar/data/1817186/000110465920129080/a20-22207_1ex99d3bii.htm) is incorporated herein by reference to Pre-Effective Amendment No. 1 to the Form N-4 Registration Statement (File No. 333-240102), filed with the Commission on November 25, 2020.

(c) (1) (vi) [Third Amended and Restated Distribution Agreement (PLICO-IDI)](https://www.sec.gov/Archives/edgar/data/1817186/000110465925057773/tm2516259d1_ex99-xcx2xiii.htm) is incorporated herein by reference to the Post-Effective Amendment No. 6 to the Form N-4 Registration Statement (File No. 333-240192), filed with the Commission on June 9, 2025.

(c) (2) [Distribution Agreement between Investment Distributors, Inc. and broker-dealers](https://www.sec.gov/Archives/edgar/data/948923/000110465919041132/a19-11092_1ex99d3b.htm) is incorporated herein by reference to the Form N-6 Registration Statement (File No. 333-232740), as filed with the Commission on July 19, 2019.

(d) Contracts

(d) (1) [Protective Strategic Objectives II VUL Form of Contract](http://www.sec.gov/Archives/edgar/data/948923/000110465919041132/a19-11092_1ex99d4a.htm) is incorporated herein by reference to the Form N-6 Registration Statement (File No. 333-232740), as filed with the Commission on July 19, 2019.

(d) (2) [Children's Term Life Insurance Rider](http://www.sec.gov/Archives/edgar/data/948923/000110465919041132/a19-11092_1ex99d4b.htm) is incorporated herein by reference to the Form N-6 Registration Statement (File No. 333-232740), as filed with the Commission on July 19, 2019.

(d) (3) [Protected Insurability Rider](http://www.sec.gov/Archives/edgar/data/948923/000110465919041132/a19-11092_1ex99d4c.htm) is incorporated herein by reference to the Form N-6 Registration Statement (File No. 333-232740), as filed with the Commission on July 19, 2019.

(d) (4) [Accidental Death Benefit Rider](http://www.sec.gov/Archives/edgar/data/948923/000110465919041132/a19-11092_1ex99d4d.htm) is incorporated herein by reference to the Form N-6 Registration Statement (File No. 333-232740), as filed with the Commission on July 19, 2019.

(d) (5) [Waiver of Specified Premium Rider](http://www.sec.gov/Archives/edgar/data/948923/000110465919041132/a19-11092_1ex99d4e.htm) is incorporated herein by reference to the Form N-6 Registration Statement (File No. 333-232740), as filed with the Commission on July 19, 2019.

(d) (6) [Chronic Illness Accelerated Death Benefit Rider](http://www.sec.gov/Archives/edgar/data/948923/000110465919041132/a19-11092_1ex99d4f.htm) is incorporated herein by reference to the Form N-6 Registration Statement (File No. 333-232740), as filed with the Commission on July 19, 2019.

(d) (7) [Pre-Determined Death Benefit Payout Endorsement](http://www.sec.gov/Archives/edgar/data/948923/000110465919041132/a19-11092_1ex99d4g.htm) is incorporated herein by reference to the Form N-6 Registration Statement (File No. 333-232740), as filed with the Commission on July 19, 2019.

(d) (8) [Overloan Protection Endorsement](http://www.sec.gov/Archives/edgar/data/948923/000110465919041132/a19-11092_1ex99d4h.htm) is incorporated herein by reference to the Form N-6 Registration Statement (File No. 333-232740), as filed with the Commission on July 19, 2019.

(d) (9) [Terminal Illness Accelerated Death Benefit Endorsement](http://www.sec.gov/Archives/edgar/data/948923/000110465919041132/a19-11092_1ex99d4i.htm) is incorporated herein by reference to the Form N-6 Registration Statement (File No. 333-232740), as filed with the Commission on July 19, 2019.

(d) (10) [Lapse Protection Endorsement](http://www.sec.gov/Archives/edgar/data/948923/000110465919041132/a19-11092_1ex99d4j.htm) is incorporated herein by reference to the Form N-6 Registration Statement (File No. 333-232740), as filed with the Commission on July 19, 2019.

(d) (11) [ExtendCare Rider](http://www.sec.gov/Archives/edgar/data/948923/000110465919041132/a19-11092_1ex99d4k.htm) is incorporated herein by reference to the Form N-6 Registration Statement (File No. 333-232740), as filed with the Commission on July 19, 2019.

(d) (11) (i) [Revised ExtendCare Rider](https://www.sec.gov/Archives/edgar/data/948923/000110465920089576/a20-21668_1ex99dki.htm)is incorporated herein by reference to Post-Effective Amendment No. 2 to the Form N-6 Registration Statement (File No. 333-232740), as filed with the Commission on August 8, 2020.

(d) (12) [Extended Lapse Protection Rider (Extended No-Lapse Guarantee Rider)](https://www.sec.gov/Archives/edgar/data/948923/000110465925063419/tm2516261d1_ex99-xdx12.htm) Is incorporated herein by reference to Post-Effective Amendment No. 17 to the Form N-6 Registration Statement (File No. 333-232740), as filed with the Commission on June 27, 2025.

(e) Applications

(e) (1) [Form of Variable Universal Individual Life Insurance Application](http://www.sec.gov/Archives/edgar/data/948923/000110465919041132/a19-11092_1ex99d5.htm) is incorporated herein by reference to the Form N-6 Registration Statement (File No. 333-232740), as filed with the Commission on July 19, 2019.

(f) Depositor's Certificate of Incorporation and By-Laws

(f) (1) [2011 Amended and Restated Charter of Protective Life Insurance Company](http://www.sec.gov/Archives/edgar/data/914245/000110465911052071/a11-12429_1ex99d6e.htm) is incorporated herein by reference to Post-Effective Amendment No. 8 to the Form N-4 Registration Statement (File No. 333-153041), filed with the Commission on September 16, 2011.

(f) (1) (i) [2020 Amended and Restated Charter of Protective Life Insurance Company](https://www.sec.gov/Archives/edgar/data/914245/000110465921020030/a21-1657_1ex99d6a1.htm)is incorporated herein by reference to Post-Effective Amendment No. 9 to the Form N-4 Registration Statement (File No. 333-201919), filed with the Commission on February 11, 2021.

(f) (2) [2011 Amended and Restated By-laws of Protective Life Insurance Company](http://www.sec.gov/Archives/edgar/data/914245/000110465911052071/a11-12429_1ex99d6f.htm) is incorporated herein by reference to Post-Effective Amendment No. 8 to the Form N-4 Registration Statement (File No. 333-153041), filed with the Commission on September 16, 2011.

(f) (2) (i) [2020 Amended and Restated By-laws of Protective Life Insurance Company](https://www.sec.gov/Archives/edgar/data/914245/000110465921020030/a21-1657_1ex99d6b1.htm)is incorporated herein by reference to Post-Effective Amendment No. 9 to the Form N-4 Registration Statement (File No. 333-201919), filed with the Commission on February 11, 2021.

(g) Reinsurance Contracts

(g) (1) [Automatic and Facultative Yearly Renewable Term Agreement](https://www.sec.gov/Archives/edgar/data/948923/000104746903015681/a2108750zex-7_a.htm) is incorporated herein by reference to Post-Effective Amendment No. 7 to the Form N-6 Registration Statement (File No. 333-52215), filed with the Commission on April 30, 2003.

(g) (2) [Yearly Renewable Term Reinsurance Agreement](https://www.sec.gov/Archives/edgar/data/948923/000110465909026441/a08-30061_1ex7db.htm) is incorporated herein by reference to Post-Effective Amendment No. 17 to the Form N-6 Registration Statement (333-52215) as filed with the Commission on April 27, 2009.

(g) (3) [List of Reinsurers](https://www.sec.gov/Archives/edgar/data/948923/000110465919023736/a19-2374_1ex99d7c.htm) is incorporated herein by reference to Post-Effective Amendment No. 9 to the Form N-6 Registration Statement (333-206951), filed with the Commission on April 25, 2019.

(h) Participation Agreements

(h) (1) [Participation Agreement dated April 11, 2007 (Fidelity Variable Insurance Products)](https://www.sec.gov/Archives/edgar/data/1817186/000110465920129384/a20-22207_1ex99d8c.htm)is incorporated herein by reference to Pre-Effective Amendment No. 2 to the Form N-4 Registration Statement (File No. 333-240192), filed with the Commission on November 25, 2020.

(h) (1) (i) [Rule 22c-2 Shareholder Information Agreement (Fidelity Variable Insurance Products)](http://www.sec.gov/Archives/edgar/data/914245/000110465907032352/a07-1007_1ex99db8q.htm) is incorporated herein by reference to Post-Effective Amendment No. 17 to the Form N-4 Registration Statement (File No. 33-70984), filed with the Commission on April 27, 2007.

(h) (1) (ii) [Amendment dated October 15, 2020 to Participation Agreement (Fidelity Variable Insurance Products)](https://www.sec.gov/Archives/edgar/data/1817186/000110465920129384/a20-22207_1ex99d8ci.htm) is incorporated herein by reference to Pre-Effective Amendment No. 2 to the Form N-4 Registration Statement (File No. 333-240192), filed with the Commission on November 25, 2020.

(h) (1) (iii) [Amendment dated October 11, 2021 to Participation Agreement (Fidelity Variable Insurance Products)](https://www.sec.gov/Archives/edgar/data/914245/000110465921145045/a21-33178_1ex99dh4iii.htm#h4_iii) is incorporated herein by reference to the Form N-4 Registration Statement (File No. 333-261426), filed with the Commission on November 30, 2021.

(h) (1) (iv) [Amendment dated March 10, 2022 to Participation Agreement (Fidelity Variable Insurance Products)](https://www.sec.gov/Archives/edgar/data/1817186/000110465922046511/a22-11452_1ex99dh3iv.htm) is incorporated herein by reference to Post-Effective Amendment No. 2 to the Form N-4 Registration Statement (File No. 333-240102), filed with the Commission on April 15, 2022.

(h) (1) (v) [Amendment dated December 15, 2022 to Participation Agreement (Fidelity Variable Insurance Products)](https://www.sec.gov/Archives/edgar/data/948923/000110465923049472/tm2310551d1_ex99-xhx1xv.htm) is incorporated herein by reference to Post-Effective Amendment No. 11 to the Form N-6 Registration Statement (File No. 333-232740), filed with the Commission on April 25, 2023.

(h) (2) [Participation Agreement dated April 30, 2002 (Lord Abbett Series Fund)](http://www.sec.gov/Archives/edgar/data/914245/000091205702016582/a2073194zex-8_g.htm) is incorporated herein by reference to Post-Effective Amendment No. 3 to the Form N-4 Registration Statement (File No. 333-94047), filed with the Commission on April 25, 2002.

(h) (2) (i) [Rule 22c-2 Shareholder Information Agreement (Lord Abbett Series Fund)](http://www.sec.gov/Archives/edgar/data/914245/000110465907032352/a07-1007_1ex99db8t.htm) is incorporated herein by reference to Post-Effective Amendment No. 17 to the Form N-4 Registration Statement (File No. 33-70984), filed with the Commission on April 27, 2007.

(h) (2) (ii) [Amendment dated April 28, 2022 (Lord Abbett Series Fund)](https://www.sec.gov/Archives/edgar/data/914245/000110465922077191/a22-11472_10ex99dh12ii.htm) is incorporated herein by reference to Pre-Effective Amendment No. 2 to the N-4 Registration Statement (File No. 333-261426), filed July 5, 2022.

(h) (3) [Participation Agreement dated December 19, 2003 (Goldman Sachs Variable Insurance Trust)](http://www.sec.gov/Archives/edgar/data/914245/000104746904004762/a2127346zex-8_l.htm) is incorporated herein by reference to the Form N-4 Registration Statement (File No. 333-112892), filed with the Commission on February 17, 2004.

(h) (3) (i) [Rule 22c-2 Shareholder Information Agreement dated April 11, 2007 (Goldman Sachs Variable Insurance Trust)](http://www.sec.gov/Archives/edgar/data/914245/000110465907032352/a07-1007_1ex99db8s.htm) is incorporated herein by reference to Post-Effective Amendment No. 17 to the Form N-4 Registration Statement (File No. 33-70984), filed with the Commission on April 27, 2007.

(h) (3) (ii) [Amendment dated April 12, 2011 to Participation Agreement re Summary Prospectus (Goldman Sachs Variable Insurance Trust)](http://www.sec.gov/Archives/edgar/data/914245/000110465911022169/a11-8138_1ex8dli.htm) is incorporated herein by reference to Post-Effective Amendment No. 19 to the Form N-4 Registration Statement (File No. 333-113070), filed with the Commission on April 25, 2011.

(h) (3) (iii) [Amendment dated December 22, 2020 to Participation Agreement (Goldman Sachs Variable Insurance Trust)](https://www.sec.gov/Archives/edgar/data/1817186/000110465921050930/a21-1686_1ex99d8biii.htm) is incorporated herein by reference to Post-Effective Amendment No. 1 to the Form N-4 Registration Statement (File No. 333-240192), filed with the Commission on April 16, 2021.

(h) (3) (iv) [Amendment dated April 12, 2021 to Participation Agreement (Goldman Sachs Variable Insurance Trust)](https://www.sec.gov/Archives/edgar/data/1817186/000110465921050930/a21-1686_1ex99d8biv.htm) is incorporated herein by reference to Post-Effective Amendment No. 1 to the Form N-4 Registration Statement (File No. 333-240192), filed with the Commission on April 16, 2021.

(h) (3) (v) [Amendment dated March 24, 2022 to Participation Agreement (Goldman Sachs Variable Insurance Trust)](https://www.sec.gov/Archives/edgar/data/1817186/000110465922046511/a22-11452_1ex99dh2v.htm) is incorporated herein by reference to Post-Effective Amendment No. 2 to the Form N-4 Registration Statement (File No. 333-240102), filed with the Commission on April 15, 2022.

(h) (3) (vi) [Amendment dated December 15, 2022 to Participation Agreement (Goldman Sachs Variable Insurance Trust)](https://www.sec.gov/Archives/edgar/data/914245/000110465923047694/tm2310495d1_ex99-xhx9xvi.htm) is incorporated herein by reference to Post-Effective Amendment No. 2 to the Form N-4 Registration Statement (File No. 333-261426), filed with the Commission on April 20, 2023.

(h) (3) (vii) [Amendment dated April 23, 2024 to Participation Agreement (Goldman Sachs Variable Insurance Trust)](https://www.sec.gov/Archives/edgar/data/948923/000110465925037904/tm256312d1_ex99-xhx3xvii.htm) is incorporated herein by reference to Post-Effective Amendment No. 16 to the Form N-6 Registration Statement (File No. 333-232740), filed with the Commission on April 23, 2025.

(h) (4) [Participation Agreement dated February 1, 2015 (Franklin Templeton Variable Insurance Products Trust)](https://www.sec.gov/Archives/edgar/data/914245/000110465921056622/a21-1654_1ex8dfiii.htm) is incorporated herein by reference to Post-Effective Amendment No. 12 to the Form N-4 Registration Statement (File No. 333-190294), as filed with the Commission on April 28, 2021.

(h) (4) (i) [Rule 22c-2 Shareholder Information Agreement (Franklin Templeton Variable Insurance Products Trust)](http://www.sec.gov/Archives/edgar/data/914245/000110465907032352/a07-1007_1ex99db8r.htm) is incorporated herein by reference to Post-Effective Amendment No. 17 to the Form N-4 Registration Statement (File No. 33-70984), filed with the Commission on April 27, 2007.

(h) (4) (ii) [Participation Agreement dated November 30, 2020 (Franklin Templeton Variable Insurance Products Trust)](https://www.sec.gov/Archives/edgar/data/914245/000110465921020030/a21-1657_1ex99d8f.htm) is incorporated herein by reference to Post-Effective Amendment No. 9 to the Form N-4 Registration Statement (File No. 333-201919), filed with the Commission on February 11, 2021.

(h) (4) (iii) [Addendum dated November 30, 2020 to Participation Agreement (Franklin Templeton Variable Insurance Products Trust)](https://www.sec.gov/Archives/edgar/data/914245/000110465921020030/a21-1657_1ex99d8fi.htm) is incorporated herein by reference to Post-Effective Amendment No. 9 to the Form N-4 Registration Statement (File No. 333-201919), filed with the Commission on February 11, 2021.

(h) (4) (iv) [Amendment dated March 31, 2021 to Participation Agreement (Franklin Templeton Variable Insurance Products Trust)](https://www.sec.gov/Archives/edgar/data/1817186/000110465921050930/a21-1686_1ex99d8dii.htm) is incorporated herein by reference to Post-Effective Amendment No. 1 to the Form N-4 Registration Statement (File No. 333-240192), filed with the Commission on April 16, 2021.

(h) (4) (v) [Amendment dated April 1, 2022 to Participation Agreement (Franklin Templeton Variable Insurance Products Trust)](https://www.sec.gov/Archives/edgar/data/914245/000110465922077191/a22-11472_10ex99dh8iv.htm) is incorporated herein by reference to Pre-Effective Amendment No. 2 to the N-4 Registration Statement (File No. 333-261426), filed July 5, 2022.

(h) (4) (vi) [Amendment dated November 1, 2022 to Participation Agreement (Franklin Templeton Variable Insurance Products Trust)](https://www.sec.gov/Archives/edgar/data/914245/000110465923047694/tm2310495d1_ex99-xhx8xv.htm) is incorporated herein by reference to Post-Effective Amendment No. 2 to the Form N-4 Registration Statement (File No. 333-261426), filed with the Commission on April 20, 2023.

(h) (5) [Participation Agreement dated November 1, 2009 (Legg Mason)](http://www.sec.gov/Archives/edgar/data/914245/000110465909060888/a09-23551_1ex8dbb.htm) is incorporated herein by reference to Post-Effective Amendment No. 15 to the Form N-4 Registration Statement (File No. 333-113070), filed with the Commission on October 28, 2009.

(h) (5) (i) [Amendment dated April 11, 2014 to Participation Agreement (Legg Mason)](https://www.sec.gov/Archives/edgar/data/1817186/000110465920129384/a20-22207_1ex99d8hi.htm)is incorporated herein by reference to Pre-Effective Amendment No. 2 to the Form N-4 Registration Statement (File No. 333-240192), filed with the Commission on November 25, 2020.

(h) (5) (ii) [Amendment dated September 10, 2019 to Participation Agreement (Legg Mason)](https://www.sec.gov/Archives/edgar/data/1817186/000110465920129384/a20-22207_1ex99d8hii.htm)is incorporated herein by reference to Pre-Effective Amendment No. 2 to the Form N-4 Registration Statement (File No. 333-240192), filed with the Commission on November 25, 2020.

(h) (5) (iii) [Amendment dated August 11, 2020 to Participation Agreement (Legg Mason)](https://www.sec.gov/Archives/edgar/data/1817186/000110465920129384/a20-22207_1ex99d8hiii.htm) is incorporated herein by reference to Pre-Effective Amendment No. 2 to the Form N-4 Registration Statement (File No. 333-240192), filed with the Commission on November 25, 2020.

(h) (5) (iv) [Amendment dated November 30, 2020 to Participation Agreement (Legg Mason)](https://www.sec.gov/Archives/edgar/data/1821985/000110465920136401/a20-23510_1ex99d8niiii.htm#Exhibit99_8niii_022309)is incorporated herein by reference to Pre-Effective Amendment No. 1 to the Form N-6 Registration Statement (File No. 333-248236), filed with the Commission on December 16, 2020.

(h) (5) (v) [Amendment dated April 7, 2021 to Participation Agreement (Legg Mason)](https://www.sec.gov/Archives/edgar/data/1817186/000110465921050930/a21-1686_1ex99d8ev.htm#ex998e_v) is incorporated herein by reference to Post-Effective Amendment No. 1 to the Form N-4 Registration Statement (File No. 333-240192), filed with the Commission on April 16, 2021.

(h) (5) (vi) [Amendment dated October 26, 2022 to Participation Agreement (Legg Mason)](https://www.sec.gov/Archives/edgar/data/914245/000110465922127313/a22-25275_5ex99dh6vi.htm) is incorporated herein by reference to Pre-Effective Amendment No. 1 to the Form N-4 Registration Statement (File No. 333-267354), filed with the Commission on December 15, 2022.

(h) (6) [Participation Agreement dated November 1, 2009 (PIMCO Variable Insurance Trust)](http://www.sec.gov/Archives/edgar/data/914245/000110465909060888/a09-23551_1ex8dcc.htm) is incorporated herein by reference to Post-Effective Amendment No. 15 to the Form N-4 Registration Statement (File No. 333-113070), filed with the Commission on October 28, 2009.

(h) (6) (i) [Novation of and Amendment dated April 25, 2011 to Participation Agreement (PIMCO Variable Insurance Trust)](https://www.sec.gov/Archives/edgar/data/1817186/000110465920129384/a20-22207_1ex99d8ii.htm) is incorporated herein by reference to Pre-Effective Amendment No. 2 to the Form N-4 Registration Statement (File No. 333-240192), filed with the Commission on November 25, 2020.

(h) (6) (ii) [Amendment dated April 25, 2011 to Participation Agreement re Summary Prospectuses (PIMCO Variable Insurance Trust)](https://www.sec.gov/Archives/edgar/data/1817186/000110465920129384/a20-22207_1ex99d8iii.htm) is incorporated herein by reference to Pre-Effective Amendment No. 2 to the Form N-4 Registration Statement (File No. 333-240192), filed with the Commission on November 25, 2020.

(h) (6) (iii) [Amendment dated September 1, 2020 to Participation Agreement (PIMCO Variable Insurance Trust)](https://www.sec.gov/Archives/edgar/data/1821985/000110465920136401/a20-23510_1ex99d8riiii.htm#Exhibit99_8riiii_094102)is incorporated herein by reference to Pre-Effective Amendment No. 1 to the Form N-6 Registration Statement (File No. 333-248236), filed with the Commission on December 16, 2020.

(h) (6) (iv) [Amendment dated April 2, 2021 to Participation Agreement (PIMCO Variable Insurance Trust)](https://www.sec.gov/Archives/edgar/data/1817186/000110465921050930/a21-1686_1ex99d8fiv.htm#ex998f_iv) is incorporated herein by reference to Post-Effective Amendment No. 1 to the Form N-4 Registration Statement (File No. 333-240192), filed with the Commission on April 16, 2021.

(h) (6) (v) [Amendment dated August 9, 2022 to Participation Agreement (PIMCO Variable Insurance Trust)](https://www.sec.gov/Archives/edgar/data/914245/000110465922098918/a22-25275_1ex99dh8v.htm)is incorporated herein by reference to the Form N-4 Registration Statement (File No. 333-267354), filed with the Commission on September 9, 2022.

(h) (7) [Participation Agreement dated November 1, 2009 (Royce Capital)](http://www.sec.gov/Archives/edgar/data/914245/000110465909060888/a09-23551_1ex8ddd.htm) is incorporated herein by reference to Post-Effective Amendment No. 15 to the Form N-4 Registration Statement (File No. 333-113070), filed with the Commission on October 28, 2009.

(h) (7) (i) [Rule 22c-2 Information Sharing Agreement (Royce Capital)](http://www.sec.gov/Archives/edgar/data/914245/000110465909060888/a09-23551_1ex8dee.htm) is incorporated herein by reference to Post-Effective Amendment No. 15 to the Form N-4 Registration Statement (File No. 333-113070), filed with the Commission on October 28, 2009.

(h) (7) (ii) [Amendment dated November 30, 2020 to Participation Agreement (Royce Capital)](https://www.sec.gov/Archives/edgar/data/914245/000110465921020030/a21-1657_1ex99d8iii.htm)is incorporated herein by reference to Post-Effective Amendment No. 9 to the Form N-4 Registration Statement (File No. 333-201919), filed with the Commission on February 11, 2021.

(h) (7) (iii) [Amendment dated August 10, 2022 to Participation Agreement (Royce Capital)](https://www.sec.gov/Archives/edgar/data/914245/000110465923047713/tm2310501d1_ex99-xhx11xiii.htm) is incorporated herein by reference to Post-Effective Amendment No. 26 to the Form N-4 Registration Statement (File No. 333-176657), filed with the Commission on April 20, 2023.

(h) (8) [Participation Agreement dated February 1, 2015 (AIM-Invesco Variable Insurance Funds)](https://www.sec.gov/Archives/edgar/data/1817186/000110465920129384/a20-22207_1ex99d8l.htm)is incorporated herein by reference to Pre-Effective Amendment No. 2 to the Form N-4 Registration Statement (File No. 333-240192), filed with the Commission on November 25, 2020.

(h) (8) (i) [Rule 22c-2 Agreement (AIM-Invesco Variable Insurance Funds)](http://www.sec.gov/Archives/edgar/data/914245/000110465916141218/a16-11414_1ex99d8w.htm) is incorporated herein by reference to Post-Effective Amendment No. 12 to the Form N-4 Registration Statement (File No. 333-179649), as filed with the Commission on August 24, 2016.

(h) (8) (ii) [Amendment dated March 22, 2022 to Participation Agreement (AIM-Invesco Variable Insurance Funds)](https://www.sec.gov/Archives/edgar/data/914245/000110465922077191/a22-11472_10ex99dh8iv.htm)is incorporated herein by reference to Pre-Effective Amendment No. 2 to the N-4 Registration Statement (File No. 333-261426), filed with the Commission on July 5, 2022.

(h) (9) [Participation Agreement dated June 18, 2015 (American Funds)](https://www.sec.gov/Archives/edgar/data/1817186/000110465920129080/a20-22207_1ex99d8m.htm) is incorporated herein by reference to Pre-Effective Amendment No. 2 to the Form N-4 Registration Statement (File No. 333-240192), filed with the Commission on November 25, 2020.

(h) (9) (i) [Rule 22c-2 Shareholder Information Agreement (American Funds)](http://www.sec.gov/Archives/edgar/data/914245/000104746908005631/a2184918zex-8_aa.htm) is incorporated herein by reference to Post-Effective Amendment No. 11 to the Form N-4 Registration Statement (File No. 333-113070), filed with the Commission on April 30, 2008.

(h) (9) (ii) [Amendment dated October 1, 2019 to Participation Agreement (American Funds)](https://www.sec.gov/Archives/edgar/data/1817186/000110465920129080/a20-22207_1ex99d8mi.htm) is incorporated herein by reference to Pre-Effective Amendment No. 2 to the Form N-4 Registration Statement (File No. 333-240192), filed with the Commission on November 25, 2020.

(h) (9) (iii) [Amendment dated November 25, 2020 to Participation Agreement (American Funds)](https://www.sec.gov/Archives/edgar/data/1821985/000110465920136401/a20-23510_1ex99d8biii.htm) is incorporated herein by reference to Pre-Effective Amendment No. 1 to the Form N-6 Registration Statement (File No. 333-248236), filed with the Commission on December 16, 2020.

(h) (9) (iv) [Amendment dated March 22, 2021 to Participation Agreement (American Funds)](https://www.sec.gov/Archives/edgar/data/1817186/000110465921050930/a21-1686_1ex99d8iiv.htm#Ex998i_iv) is incorporated herein by reference to Post-Effective Amendment No. 1 to the Form N-4 Registration Statement (File 333-240192), filed with the Commission on April 16, 2021.

(h) (9) (v) [Amendment dated April 29, 2022 to Participation Agreement (American Funds)](https://www.sec.gov/Archives/edgar/data/914245/000110465922077191/a22-11472_10ex99dh3v.htm) is incorporated herein by reference to Pre-Effective Amendment No. 2 to the N-4 Registration Statement (File No. 333-261426), filed July 5, 2022.

(h) (9) (vi) [Amendment dated August 1, 2022 to Participation Agreement (American Funds)](https://www.sec.gov/Archives/edgar/data/914245/000110465922098918/a22-25275_1ex99dh5vi.htm) is incorporated herein by reference to the Form N-4 Registration Statement (File No. 333-267354), filed with the Commission on September 9, 2022.

(h) (10) [Participation Agreement dated July 1, 2017 (Northern Lights Variable Trust)](https://www.sec.gov/Archives/edgar/data/948923/000110465917044626/a17-14907_1ex99d8t.htm) is incorporated herein by reference to Post-Effective Amendment No. 6 to the Form N-6 Registration Statement (File No. 333-206951), as filed with the Commission on July 12, 2017.

(h) (10) (i) [Amendment dated September 1, 2020 to Participation Agreement (Northern Lights Variable Trust)](https://www.sec.gov/Archives/edgar/data/948923/000110465921101275/a21-16181_4ex99d8ji.htm) is incorporated herein by reference to Post-Effective Amendment No. 6 to the Form N-6 Registration Statement (File No. 333-232740), filed with the Commission on August 6, 2021.

(h) (10) (ii) [Amendment dated March 22, 2022 to Participation Agreement (Northern Lights Variable Trust)](https://www.sec.gov/Archives/edgar/data/948923/000110465922087248/a22-22744_1ex99dh10ii.htm) is incorporated herein by reference to Post-Effective Amendment No. 8 to the Form N-6 Registration Statement (File No. 333-232740), filed with the Commission on August 8, 2022.

(h) (10) (iii) [Amendment dated September 15, 2022 to Participation Agreement (Northern Lights Variable Trust)](https://www.sec.gov/Archives/edgar/data/948923/000110465923049472/tm2310551d1_ex99-xhx1xv.htm) is incorporated herein by reference to Post-Effective Amendment No. 11 to the Form N-6 Registration Statement (File No. 333-232740), filed with the Commission on April 25, 2023.

(h) (11) [Participation Agreement dated October 15, 2017 (DFA Investment Dimensions Group Inc.)](https://www.sec.gov/Archives/edgar/data/948923/000110465917070466/a17-23906_1ex99d8dd.htm) is incorporated herein by reference to Post-Effective Amendment No. 28 to the Form N-6 Registration Statement (File No. 333-52215), filed with the Commission on November 27, 2017.

(h) (11) (i) [Amendment dated August 20, 2020 to Participation Agreement (DFA Investment Dimensions Group)](http://www.sec.gov/Archives/edgar/data/914245/000110465920098030/a20-12022_1ex99d8ki.htm) is incorporated herein by reference to Pre-Effective Amendment No. 1 to the Form N-4 Registration Statement (File No. 333-237747), filed with the Commission on August 24, 2020.

(h) (11) (ii) [Amendment dated May 1, 2022 to Participation Agreement (DFA Investment Dimensions Group)](https://www.sec.gov/Archives/edgar/data/948923/000110465922087248/a22-22744_1ex99dh11ii.htm) is incorporated herein by reference to Post-Effective Amendment No. 8 to the Form N-6 Registration Statement (File No. 333-232740), filed with the Commission on August 8, 2022.

(h) (12) [Participation Agreement dated April 1, 2017 (Vanguard Variable Insurance Fund)](https://www.sec.gov/Archives/edgar/data/948923/000110465917027017/a17-8472_1ex99d8dd.htm) is incorporated herein by reference to Post-Effective Amendment No. 27 to the Form N-6 Registration Statement (File No. 333-52215), as filed with the Commission on April 27, 2017.

(h) (12) (i) [Amendment dated November 1, 2019 to Participation Agreement (Vanguard Variable Insurance Fund)](https://www.sec.gov/Archives/edgar/data/948923/000110465919057359/a19-11092_1ex99d8ui.htm) is incorporated herein by reference to Pre-Effective Amendment No. 1 to the Form N-6 Registration Statement (333-232740), filed with the Commission on October 29, 2019.

(h) (12) (ii) [Participation Agreement dated November 23, 2020 (Vanguard Variable Insurance Fund)](https://www.sec.gov/Archives/edgar/data/914245/000110465921056663/a21-1664_1ex8d1.htm)is incorporated herein by reference to Pre-Effective Amendment No. 1 to the Form N-4 Registration Statement (File No. 333-237747), filed with the Commission on April 28, 2021.

(h) (12) (iii) [Revised Schedule A dated April 30, 2021 to Participation Agreement (Vanguard Variable Insurance Fund)](https://www.sec.gov/Archives/edgar/data/914245/000110465921056663/a21-1664_1ex8d1i.htm) is incorporated herein by reference to Pre-Effective Amendment No. 1 to the Form N-4 Registration Statement (File No. 333-237747), filed with the Commission on April 28, 2021.

(h) (12) (iv) [Revised Schedule A dated October 13, 2022 to Participation Agreement (Vanguard Variable Insurance Fund)](https://www.sec.gov/Archives/edgar/data/948923/000110465923049472/tm2310551d1_ex99-xhx12xiv.htm) is incorporated herein by reference to the Post-Effective Amendment No. 11 to the Form N-6 Registration Statement (File No. 333-232740), filed with the Commission on April 25, 2023.

(h) (12) (iv) [Revised Schedule A dated October 13, 2022 to Participation Agreement (Vanguard Variable Insurance Fund)](https://www.sec.gov/Archives/edgar/data/948923/000110465923049472/tm2310551d1_ex99-xhx12xiv.htm) is incorporated herein by reference to the Post-Effective Amendment No. 11 to the Form N-6 Registration Statement (File No. 333-232740), filed with the Commission on April 25, 2023.

(h) (13) [Participation Agreement dated November 9, 2020 (Putnam Variable Trust)](https://www.sec.gov/Archives/edgar/data/1821985/000110465920136401/a20-23510_1ex99d8t.htm)is incorporated herein by reference to Pre-Effective Amendment No. 1 to the Form N-6 Registration Statement (File No. 333-248236), filed with the Commission on December 16, 2020.

(h) (13) (i) [Rule 22(c)-2 Agreement dated November 9, 2020 (Putnam Variable Trust)](https://www.sec.gov/Archives/edgar/data/1821985/000110465922049378/a22-11669_1ex99dh20.htm) is incorporated herein by reference to Post-Effective Amendment No. 2 to the Form N-6 Registration Statement (File No. 333-248236), filed with the Commission on April 25, 2022.

(h) (13) (ii) [Amendment dated March 22, 2022 to Participation Agreement (Putnam Variable Trust)](https://www.sec.gov/Archives/edgar/data/948923/000110465923049472/tm2310551d1_ex99-xhx13xii.htm) is incorporated herein by reference to the Post-Effective Amendment 11 to the Form N-6 Registration Statement (File No. 333-232740), filed with the Commission on April 25, 2023.

(h) (13) (iii) [Amendment dated September 21, 2022 to Participation Agreement (Putnam Variable Trust)](https://www.sec.gov/Archives/edgar/data/948923/000110465923049472/tm2310551d1_ex99-xhx13xii.htm) is incorporated herein by reference to Post-Effective Amendment No. 11 to the Form N-6 Registration Statement (File No. 333-232740), filed with the Commission on April 25, 2023.

(i) Administrative Contracts - Not Applicable.

(j) Other Material Contracts - Not Applicable.

(k) Legal Opinion

(k) (1) [Opinion and Consent of Brandon J. Cage, Esq.](https://www.sec.gov/Archives/edgar/data/948923/000110465923049472/tm2310551d1_ex99-xkx1.htm#ex99k1) is incorporated herein by reference to Post-Effective Amendment No. 11 to the Form N-6 Registration Statement (File No. 333-232740), filed with the Commission on April 25, 2023.

(l) Actuarial Opinion - Not Applicable.

(m) Calculation - Not Applicable.

(n) Other Opinions

(n) (1) [Consents of KPMG LLP](tm2516261d4_ex99-xnx1.htm) - filed herein.

(n) (2) [Powers of Attorney](https://www.sec.gov/Archives/edgar/data/914245/000110465925013650/tm254231d1_ex99-xp.htm) is incorporated herein by reference to Post-Effective Amendment No. 4 to the Form N-4 Registration Statement (File No. 333-267354), filed with the Commission on February 14, 2025.

(o) Omitted Financial Statements - Not Applicable.

(p) Initial Capital Agreements - Not Applicable.

(q) Redeemability Exemption

(q) (1) [Memorandum Pursuant to Rule 6e-3(T)(b)(12)(iii) Describing Issue, Transfer and Redemption Procedures](https://www.sec.gov/Archives/edgar/data/948923/000110465919057359/a19-11092_1ex99d17a.htm) is incorporated herein by reference to Pre-Effective Amendment No. 1 to the Form N-6 Registration Statement (333-232740), filed with the Commission on October 29, 2019.

(r) [Form of Initial Summary Prospectus](tm2516261d4_ex99-xr.htm) – filed herein.

**Item 31.**&nbsp;&nbsp;&nbsp;&nbsp;***Directors and Officers of the Depositor***

---

| | |
|:---|:---|
| **Name and**<br> **Principal Business Address\*** | **Position and Offices with Depositor** |
| Adams, D. Scott | Executive Vice President, Chief Transformation and Strategy Officer |
| Bartlett, Malcolm Lee | Senior Vice President, Corporate Tax |
| Bern, Leigh Bynum&nbsp;&nbsp;&nbsp;&nbsp; | Senior Vice President, Chief Financial Actuary, and Appointed Actuary |
| Bielen, Richard J. | Chairman of the Board, Chief Executive Officer, President, and Director |
| Black, Lance P. | Executive Vice President, Acquisitions and Corporate Development |
| Byrd, Kenneth&nbsp;&nbsp;&nbsp;&nbsp; | Senior Vice President, Operations |
| Cramer, Steve | Senior Vice President, and Chief Product Officer |
| Creutzmann, Scott E. | Senior Vice President, and Chief Compliance Officer |
| Drew, Mark L. | Executive Vice President, and Chief Legal Officer |
| Evesque, Wendy L. | Executive Vice President, and Chief Human Resources Officer |
| Goldsmith, Lisa M. | Director |
| Hardeman, James C.&nbsp;&nbsp;&nbsp;&nbsp; | Senior Vice President, Financial Planning and Analysis |
| Harrison, Wade V. | Executive Vice President, Chief Operating Officer and Director |
| Herring, Derry W | Senior Vice President, and Chief Auditor |
| Karchunas, M. Scott | Senior Vice President, and President, Asset Protection Division |
| Kohler, Matthew | Senior Vice President, and Chief Information Officer |
| Kolmin, Russell | Senior Vice President, and Chief Product Officer |
| Kurtz, Richard J. | Senior Vice President, and Chief Distribution Officer |
| Laeyendecker, Ronald | Senior Vice President, Executive Benefit Markets |
| Lassiter, Frank Q. | Vice President, Head of Treasury, and Treasurer |
| Lawrence, Mary Pat | Senior Vice President, Government Affairs |
| Lebel, Dominique | Senior Vice President and Chief Risk Officer |
| Lee, Felicia M.&nbsp;&nbsp;&nbsp;&nbsp; | Secretary, Vice President, and Senior Counsel |
| McDonald, Laura Y. | Senior Vice President, and Chief Mortgage and Real Estate Officer |
| Passafiume, Philip E. | Executive Vice President, Chief Investment Officer and Director |
| Peeler, Rachelle R. | Senior Vice President, and Senior Human Resources Partner |
| Pugh, Barbara N. | Senior Vice President, and Chief Accounting Officer |
| Ray, Webster M. | Senior Vice President, Investments |
| Seurkamp, Aaron C. | Senior Vice President, and President, Retirement Division |
| Wagner, James | Senior Vice President, and Chief Distribution Officer |
| Wahlheim, Cary T. | Senior Vice President, and Senior Counsel |
| Wells, Paul R. | Executive Vice President, Chief Financial Officer, and Director |
| Whitcomb, John | Senior Vice President, Retirement Operations and Strategic Planning |
| Williams, Doyle J.&nbsp;&nbsp;&nbsp;&nbsp; | Senior Vice President, and Chief Marketing Officer |

---

\* Unless otherwise indicated, the principal business address is 2801 Highway 280 South, Birmingham, Alabama 35223

**Item 32.**&nbsp;&nbsp;&nbsp;&nbsp;***Persons Controlled by or Under Common Control With the Depositor or Registrant***

The registrant is a segregated asset account of the Company and is therefore owned and controlled by the Company. All of the Company's outstanding voting common stock is owned by Protective Life Corporation, a subsidiary of Dai-ichi Life Holdings, Inc. Protective Life Corporation is described more fully in the prospectus included in this registration statement.

For more information regarding the company structure of Protective Life Corporation and Dai-ichi Life Holdings, Inc., please refer to the [Organizational Chart](tm2516261d4_ex99-32.htm) filed herein.

**Item 33.**&nbsp;&nbsp;&nbsp;&nbsp;***Indemnification***

Article XI of the By-laws of Protective Life provides, in substance, that any of Protective Life's directors and officers, who is a party or is threatened to be made a party to any action, suit or proceeding, other than an action by or in the right of Protective Life, by reason of the fact that he is or was an officer or director, shall be indemnified by Protective Life against expenses (including attorneys' fees), judgments, fines and amounts paid in settlement actually and reasonably incurred by such person in connection with such claim, action, suit or proceeding if he acted in good faith and in a manner he reasonably believed to be in or not opposed to the best interests of Protective Life and, with respect to any criminal action or proceeding, had no reasonable cause to believe his conduct was unlawful. If the claim, action or suit is or was by or in the right of Protective Life to procure a judgment in its favor, such person shall be indemnified by Protective Life against expenses (including attorneys' fees) actually and reasonably incurred by him in connection with the defense or settlement of such action or suit if he acted in good faith and in a manner he reasonably believed to be in or not opposed to the best interests of Protective Life, except that no indemnification shall be made in respect of any claim, issue or matter as to which such person shall have been adjudged to be liable for negligence or misconduct in the performance of his duty to Protective Life unless and only to the extent that the court in which such action or suit was brought shall determine upon application that, despite the adjudication of liability but in view of all circumstances of the case, such person is fairly and reasonably entitled to indemnity for such expenses which such court shall deem proper. To the extent that a director or officer has been successful on the merits or otherwise in defense of any such action, suit or proceeding, or in defense of any claim, issue or matter therein, he shall be indemnified by Protective Life against expenses (including attorneys' fees) actually and reasonably incurred by him in connection therewith, not withstanding that he has not been successful on any other claim issue or matter in any such action, suit or proceeding. Unless ordered by a court, indemnification shall be made by Protective Life only as authorized in the specific case upon a determination that indemnification of the officer or director is proper in the circumstances because he has met the applicable standard of conduct. Such determination shall be made (a) by the Board of Directors by a majority vote of a quorum consisting of directors who were not parties to, or who have been successful on the merits or otherwise with respect to, such claim action, suit or proceeding, or (b) if such a quorum is not obtainable, or, even if obtainable a quorum of disinterested directors so directs, by independent legal counsel in a written opinion or (c) by the shareholders.

In addition, the executive officers and directors are insured by PLC's Directors' and Officers' Liability Insurance Policy including Company Reimbursement and are indemnified by a written contract with PLC which supplements such coverage.

Insofar as indemnification for liability arising under the Securities Act of 1933 may be permitted to directors, officers and controlling persons of the Registrant pursuant to the foregoing provisions, or otherwise, the Registrant has been advised that in the opinion of the Securities and Exchange Commission such indemnification is against public policy as expressed in the Act and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the Registrant of expenses incurred or paid by a director, officer or controlling person of the Registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the Registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Act and will be governed by the final adjudication of such issue.

**Item 34.**&nbsp;&nbsp;&nbsp;&nbsp;***Principal Underwriters***

(a) Investment Distributors, Inc. ("IDI") is the principal underwriter of the Policies as defined in the Investment Company Act of 1940. IDI is also principal underwriter for the Protective Variable Annuity Separate Account, PLICO Variable Annuity Account S, Protective COLI VUL, Protective COLI PPVUL, Variable Annuity Separate Account A of Protective Life, PLAIC Variable Annuity Account S, Protective NY COLI VUL and Protective NY Variable Life Separate Account. The principal underwriter, IDI, is also currently distributing units of interest in the following separate accounts: Variable Annuity-1 Series Account, Variable Annuity-1 Series Account of Great West Life & Annuity Insurance Company of New York, Variable Annuity-2 Series Account, Variable Annuity-2 Series Account [New York], Variable Annuity-3 Series Account, COLI VUL-2 Series Account, COLI VUL-2 Series Account of Great West Life & Annuity Insurance Company of New York, COLI VUL-4 Series Account of Great-West Life & Annuity Insurance Company, Maxim Series Account of Great West Life & Annuity Insurance Company, Prestige Variable Life Account, Pinnacle Series Account of Great West Life & Annuity Insurance Company, Trillium Variable Annuity Account.

(b) The following information is furnished with respect to the officers and directors of IDI

---

| | | |
|:---|:---|:---|
| **Name** <br> **and Principal<br> Business Address\***  | **Position and Offices** | **Position and Offices with Registrant** |
| Carlson, Martha H. | Designated Responsible Licensed Producer | Vice President, National Sales Manager |
| Coffman, Benjamin P. | Vice President, Financial Reporting | Financial Reporting |
| Collazo, Kimberly B. | Assistant Secretary | Vice President and Senior Counsel |
| Creutzmann, Scott E. | Director | Senior Vice President and Chief Compliance Officer |
| Lane, Jamie L. | Director | Vice President, Head of DX and Enterprise Shared Services |
| Lee, Felicia M. | Secretary | Secretary, Vice President, and Senior Counsel |
| McCreless, Kevin L. | Chief Compliance Officer&nbsp;&nbsp;&nbsp;&nbsp; | Senior Director Regulatory |
| Morsch, Letitia A. | Assistant Secretary, and Director | Vice President, Head of Retail Retirement Operations |
| Reed, Alisha D.&nbsp;&nbsp;&nbsp;&nbsp; | Director | Vice President, Head of Marketing Strategy |
| Richards, Megan P.&nbsp;&nbsp;&nbsp;&nbsp; | Assistant Secretary | Assistant Secretary |
| Tennent, Rayburn | Senior Analyst Financial Reporting | Senior Analyst Financial Reporting |
| Wagner, James | President and Director | Senior Vice President and Chief Distribution Officer |

---

\* Unless otherwise indicated, the principal business address is 2801 Highway 280 South, Birmingham, Alabama, 35223.

(c) The following commissions were received by each principal underwriter, directly or indirectly, from the Registrant during the Registrant's last fiscal year:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **(1) Name of** <br> **Principal Underwriter** | **(2) Net Underwriting<br> Discounts** | **(3) Compensation on<br> Redemption** | **(4) Brokerage<br> Commissions** | **(5) Other<br> Compensation** |
| Investment Distributors, Inc. | N/A |  | N/A | N/A |

---

**Item 35.**&nbsp;&nbsp;&nbsp;&nbsp;***Location of Accounts and Records.***

All accounts and records required to be maintained by Section 31(a) of the Investment Company Act of 1940 and the rules thereunder are maintained by Protective Life Insurance Company at 2801 Highway 280 South, Birmingham, Alabama 35223.

**Item 36.**&nbsp;&nbsp;&nbsp;&nbsp;***Management Services.***

All management contracts are discussed in the Prospectus or Statement of Additional Information.

**Item 37.**&nbsp;&nbsp;&nbsp;&nbsp;***Fee Representation.***

Protective Life Insurance Company represents that the fees and charges deducted under the Policy, in the aggregate, are reasonable in relation to the services rendered, the expenses expected to be incurred, and the risks assumed by Protective Life Insurance Company.

**SIGNATURES**

Pursuant to the requirements of the Securities Act of 1933 and the Investment Company Act of 1940, the Registrant of this Registration Statement certifies that it meets the requirements of Rule 485(b) of the Securities Act for effectiveness of this Registration Statement and has duly caused this Post-Effective Amendment to the Registration Statement on Form N-6 to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Birmingham, State of Alabama, on September 17, 2025.

---

| |
|:---|
| PROTECTIVE VARIABLE LIFE SEPARATE ACCOUNT |
| By: \* |
| &nbsp;&nbsp;&nbsp;&nbsp;Richard J. Bielen, *President* |
| *Protective Life Insurance Company* |
| &nbsp;&nbsp;&nbsp;&nbsp;PROTECTIVE LIFE INSURANCE COMPANY |
| By: \* |
| &nbsp;&nbsp;&nbsp;&nbsp;Richard J. Bielen, *President* |
| *Protective Life Insurance Company* |

---

As required by the Securities Act of 1933, this Post-Effective Amendment to the Registration Statement on Form N-6 has been signed by the following persons in the capacities and on the dates indicated:

---

| | | | |
|:---|:---|:---|:---|
| **Signature** | **Signature** | **Title** | **Date** |
| <br> \* | <br> \* | <br> Chairman of the Board, President | September 17, 2025 |
| Richard J. Bielen | Richard J. Bielen | Chief Executive Officer, and Director |  |
|  |  | (Principal Executive Officer) |  |
| \* | \* | Executive Vice President,<br> Chief Operating Officer | September 17, 2025 |
| Wade V. Harrison | Wade V. Harrison | and Director |  |
| \* | \* | Executive Vice President,<br> Chief Financial Officer, and Director  | September 17, 2025 |
| Paul R. Wells | Paul R. Wells | (Principal Accounting and Financial Officer) |  |
| \*BY: | /S/ BRANDON J. CAGE |  | September 17, 2025 |
| Brandon J. Cage | Brandon J. Cage |  |  |
| *Attorney-in-Fact* | *Attorney-in-Fact* |  |  |

---

**EXHIBIT LIST**

[(n) (1) Consents of KPMG LLP](tm2516261d4_ex99-xnx1.htm)

[(r) Form of Initial Summary Prospectus](tm2516261d4_ex99-xr.htm)

[Item (32) Organizational Chart](tm2516261d4_ex99-32.htm)

## Ex-99.(N)(1)

**Exhibit (n)(1)**

**Consent of Independent Registered Public Accounting Firm**

We consent to the use of our report dated March 28, 2025, with respect to the statutory financial statements of Protective Life Insurance Company, incorporated herein by reference, and to the reference to our firm under the heading "Experts" in the Statement of Additional Information, also incorporated by reference.

/s/ KPMG LLP

Birmingham, Alabama

September 17, 2025

**Consent of Independent Registered Public Accounting Firm**

We consent to the use of our report dated April 17, 2025, with respect to the financial statements of the subaccounts that comprise Protective Variable Life Separate Account, incorporated herein by reference, and to the reference to our firm under the heading "Experts" in the Statement of Additional Information, also incorporated by reference.

/s/ KPMG LLP

Birmingham, Alabama

September 17, 2025

## Ex-99.(R)

**[**TABLE OF CONTENTS**](#TOCtm2516261d4_sovuliiisp)

SUMMARY PROSPECTUS FOR NEW INVESTORS

October 13, 2025

---

| | |
|:---|:---|
| *Protective Strategic Objectives II VUL <br>An Individual Flexible Premium Variable and Fixed Life Insurance Policy*  | *Issued by <br>Protective Variable Life Separate Account<br>and <br>Protective Life Insurance Company<br>2801 Highway 280 South<br>Birmingham, Alabama 35223<br>Telephone: (800) 265-1545*  |

---

This Summary Prospectus summarizes key features of Protective Strategic Objectives II VUL, an individual flexible premium variable and fixed life insurance policy (the "Policy") issued by Protective Life Insurance Company (the "Company", "we", "our" and "us") with variable investment options offered under the Company's Protective Variable Life Separate Account (the "Variable Account").

Before you invest, you should review the prospectus for the Policy (the "Prospectus"), which contains more information about the Policy's features, benefits, and risks. You can find this document and other information about the Policy online at www.protective.com/productprospectus. You can also obtain this information at no cost by calling (800) 265-1545 or by sending an email request to prospectus@protective.com.

You may cancel your Policy within 10 days of receiving it without paying fees or penalties. In some states, this Cancellation Period may be longer. Upon cancellation, we will refund the full amount you paid with your application or the total Policy Value plus any charges that were deducted less any outstanding loan and accrued loan interest. You should review the Prospectus, or consult with your investment professional, for additional information about the specific cancellation terms that apply.

Additional general information about certain investment products, including variable life insurance, has been prepared by the U.S. Securities and Exchange Commission's ("SEC") staff and is available at Investor.gov.

Neither the SEC nor any state securities authority has approved or disapproved of these securities, nor have they determined if this Summary Prospectus is accurate or complete. Any representation otherwise is a criminal offense. This Summary Prospectus does not constitute an offering in any jurisdiction where such offering may not lawfully be made. Interests in the Variable Account, the Fixed Account and the Funds are not deposits, obligations of, or insured or guaranteed by, the U.S. Government, any bank or other depository institution including the Federal Deposit Insurance Corporation, the Federal Reserve Board or any other agency or entity or person. We do not authorize any representations about this offering other than as contained in this Summary Prospectus or its supplements or in our authorized supplemental sales material.

------**

[**TABLE OF CONTENTS**](#TOCtm2516261d4_sovuliiisp)

**TABLE OF CONTENTS**

---

| | |
|:---|:---|
| [SPECIAL TERMS](#idSPECIALTERM24604tm2516261d4_sovuliiisp)  | [3](#idSPECIALTERM24604tm2516261d4_sovuliiisp)  |
|  [IMPORTANT INFORMATION YOU SHOULD CONSIDER ABOUT THE POLICY](#idIMPORTANTIN16397tm2516261d4_sovuliiisp)  | [6](#idIMPORTANTIN16397tm2516261d4_sovuliiisp)  |
|  [OVERVIEW OF THE PROTECTIVE STRATEGIC OBJECTIVES II VUL POLICY](#idOVERVIEWOFT11271tm2516261d4_sovuliiisp)  | [8](#idOVERVIEWOFT11271tm2516261d4_sovuliiisp)  |
| [STANDARD DEATH BENEFITS](#idSTANDARDDEA15317tm2516261d4_sovuliiisp)  | [10](#idSTANDARDDEA15317tm2516261d4_sovuliiisp)  |
| [OTHER BENEFITS AVAILABLE UNDER THE POLICY](#idOTHERBENEFI18514tm2516261d4_sovuliiisp)  | [13](#idOTHERBENEFI18514tm2516261d4_sovuliiisp)  |

---

---

| | |
|:---|:---|
| [BUYING THE POLICY](#idBUYINGTHEPO13320tm2516261d4_sovuliiisp)  | [18](#idBUYINGTHEPO13320tm2516261d4_sovuliiisp)  |
| [HOW YOUR POLICY CAN LAPSE](#idHOWYOURPOLI7640tm2516261d4_sovuliiisp)  | [20](#idHOWYOURPOLI7640tm2516261d4_sovuliiisp)  |
|  [MAKING WITHDRAWALS: ACCESSING THE MONEY IN YOUR POLICY](#idMAKINGWITHD4569tm2516261d4_sovuliiisp)  | [21](#idMAKINGWITHD4569tm2516261d4_sovuliiisp)  |
| [FEE TABLE](#idFEETABLE45151tm2516261d4_sovuliiisp)  | [22](#idFEETABLE45151tm2516261d4_sovuliiisp)  |
|  [FUND APPENDIX — FUNDS AVAILABLE UNDER THE POLICY](#idAPPENDIX30315tm2516261d4_sovuliiisp)  | [FUND-1](#idAPPENDIX30315tm2516261d4_sovuliiisp)  |

---

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[**TABLE OF CONTENTS**](#TOCtm2516261d4_sovuliiisp)

#### SPECIAL TERMS
**"We", "us", "our", "Protective Life", and "Company"** Refer to Protective Life Insurance Company. "You", "your" and "Owner" refer to the person(s) who have been issued a Policy.

**Attained Age** The Insured's age as of the nearest birthday on the Policy Effective Date, plus the number of complete Policy Years since the Policy Effective Date.

**Beneficiary** The person, persons or entity whom the Owner designates to receive the proceeds of the Policy upon the death of the Insured. The Owner may designate a primary Beneficiary or Beneficiaries, as well as a contingent Beneficiary or Beneficiaries to receive the proceeds if there is no primary Beneficiary(ies) living at the time of the Insured's death. A Beneficiary may also be designated as irrevocable which may limit the Owner's ability to alter that designation or make future Policy changes.

**Cash Value** Policy Value minus any applicable Surrender Charge.

**Code (the "Code")** The Internal Revenue Code of 1986, as amended (the "Code").

**Death Benefit** The amount of insurance provided under the Policy used to determine the Death Benefit Proceeds.

**Death Benefit Option** One of two options that an Owner may select for the computation of Death Benefit Proceeds, Total Face Amount (Option A, Level), or Total Face Amount Plus Policy Value (Option B, Increasing).

**Death Benefit Proceeds** The amount payable to the Beneficiary if the Insured dies while the Policy is in force. It is equal to the Death Benefit plus any Death Benefit under any rider or endorsement to the Policy less (1) any Policy Debt (2) any liens and (3) less any unpaid Monthly Deductions if the Insured dies during a grace period.

**Due Proof of Death** Receipt at our Home Office of a certified death certificate or judicial order from a court of competent jurisdiction or similar tribunal.

**Evidence of Insurability** Information about an Insured which is used to approve or reinstate this Policy or any additional benefit.

**Face Amount** A dollar amount selected by the Owner and shown in the Policy on the Policy Specifications Page or Supplemental Policy Specifications Page. The minimum Face Amount permitted under the Policy is $100,000.

**Fixed Account** Part of Protective Life's General Account to or from which Policy Value may be transferred and into which Net Premiums may be allocated under a Policy.

**Fixed Account Value** The Policy Value in the Fixed Account.

**Fund** A separate investment portfolio of an open-end management investment company or unit investment trust in which a Sub-Account invests. Also referred to as an "Investment Option".

**General Account** All of the Company's assets other than those allocated to the Variable Account or any other separate account. The Company has complete ownership and control of the assets in the General Account.

**Good Order** A Request or transaction generally is considered in "Good Order" if we receive it at our Home Office within the time limits, if any, we prescribe for a particular transaction or instruction, it includes all information necessary for us to execute the requested instruction or transaction, and is signed by the individual or individuals authorized to provide the instruction or engage in the transaction. A Request or transaction may be rejected or delayed if not in Good Order. Good Order generally means the actual receipt by us of the instructions relating to the requested transaction in writing (or, when permitted, by telephone or Internet as described above) along with all forms, information and supporting legal documentation we require to affect the instruction or transaction. This information and documentation generally includes, to the extent applicable: the completed application or instruction form; Evidence of Insurability; your Policy number; the transaction amount (in dollars or percentage terms); the names and allocations to and/or from the Funds affected by the requested transaction; the signatures of the Policy Owner (exactly as indicated on the Policy), if necessary; Social Security Number or Tax I.D.; and any other information or supporting documentation that we may require, including any consents. With respect to premium payments, Good Order also generally includes receipt by us of sufficient funds to affect the purchase. We may, in our sole discretion, determine whether any particular transaction Request is in Good Order, and we reserve the right to change or waive any Good Order requirement at any time. If you have questions, you should contact us or your financial professional before submitting the form or Request.

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[**TABLE OF CONTENTS**](#TOCtm2516261d4_sovuliiisp)

**Home Office** 2801 Highway 280 South, Birmingham, Alabama 35223. The mailing address for the Home Office is P.O. Box 292 Birmingham, AL 35201-0292. The Home Office is referred to as the "Administrative Office" in the Policy.

**Initial Face Amount** The Face Amount on the Policy Effective Date.

**Insured** The person whose life is covered by the Policy.

**Issue Age** The Insured's age as of the nearest birthday on the Policy Effective Date.

**Lapse** Termination of the Policy at the expiration of the grace period while the Insured is still living.

**Loan Account** An account within Protective Life's General Account to which Fixed Account Value and/or Variable Account Value plus interest credited on the portion of the Policy Value being used as collateral for the outstanding Policy loans is transferred as collateral for Policy loans.

**Loan Account Value** The Policy Value in the Loan Account.

**Minimum Monthly Guarantee Amount** For Policies issued on Insured's Issue Age through 80, the minimum amount of premium payments (net of any Policy Debt or withdrawals) that must be paid each month in order for the Policy's lapse protection to remain in effect.

**Monthly Anniversary Day** The same day in each month as the Policy Effective Date.

**Monthly Deduction** The fees and charges deducted monthly from the Fixed Account Value and/or Variable Account Value as described on the Policy Specifications Page of the Policy Schedule.

**Net Amount at Risk** The Net Amount at Risk as of any Monthly Anniversary Day is equal to: (a) the Death Benefit discounted at one plus the monthly guaranteed interest rate (the minimum interest rate that may be credited to Fixed Account Value) minus the Policy Value (prior to deducting the Cost of Insurance), if the Death Benefit Option is Death Benefit Option A (Level Death Benefit); or, (b) the Death Benefit minus the Policy Value (prior to deducting the Cost of Insurance) discounted at one plus the monthly guaranteed interest rate, if the Death Benefit Option is Death Benefit Option B (Increasing Death Benefit).

**Net Premium** A premium payment minus the applicable premium expense charges.

**Owner** The person, or persons, or entity entitled to all rights in this Policy while the Insured is living including designation as a Beneficiary. These rights are subject to any assignment and to the rights of any irrevocable Beneficiary. The Owner may name a contingent Owner who will own this Policy if the Owner dies while this Policy is in force. If the Owner dies before the Insured, any contingent Owner named in the application, or subsequent endorsement, will become the new Owner. If no contingent Owner is named, the Owner's estate becomes the new Owner. The Owner may change the Owner (including a contingent Owner) by Written Notice.

**Policy Anniversary** The same day and month in each Policy Year as the Policy Effective Date.

**Policy Debt** The sum of all outstanding Policy loans plus accrued interest.

**Policy Effective Date** The date shown in the Policy as of which coverage under the Policy begins.

**Policy Month** The Policy Month begins on a Monthly Anniversary Day and ends on the day prior to the next Monthly Anniversary Day.

**Policy Value** The sum of the Variable Account Value, the Fixed Account Value, and the Loan Account Value.

**Policy Year** Each period of twelve months commencing with the Policy Effective Date and each Policy Anniversary thereafter.

**Request** Any written, telephoned, electronic or computerized instruction in a form satisfactory to the Company and received at the Home or Administrative Office from the Owner or an assignee of record, as specified in a form acceptable to the Company and which may be required in writing, or the Beneficiary (as applicable) as required by any provision of the Policy or as required by the Company. In addition, subject to the Company's administrative requirements as they may exist from time to time and to any requirements that may be imposed by the Funds or other investments, the Company reserves the right to require advance Written Notice from the Owner.

**Settlement Option** The proceeds of the policy are distributed over a period rather than paying them in a lump sum. If a Settlement Option is not selected, the Beneficiary may select a Settlement Option from among those available at that time, or may take the amount due immediately in a lump sum.

**Sub-Account** A separate division of the Variable Account established to invest in a particular Fund.

**Sub-Account Value** The sum of the values of the Sub-Accounts credited to the Owner as Policy Value.

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[**TABLE OF CONTENTS**](#TOCtm2516261d4_sovuliiisp)

**Surrender Charge** A charge deducted from the Policy Value if the Policy is surrendered, Lapses, or the Initial Face Amount is decreased during the applicable surrender charge period.

**Surrender Value** The Cash Value minus any outstanding Policy Debt and any liens for payments made under an accelerated death benefit rider or endorsement plus accrued interest.

**Valuation Day** Each day the New York Stock Exchange and the Home Office are open for business except for a day that a Sub-Account's corresponding Fund does not value its shares.

**Valuation Period** The period commencing with the close of regular trading on the New York Stock Exchange on any Valuation Date and ending at the close of regular trading on the New York Stock Exchange on the next succeeding Valuation Date.

**Variable Account** Protective Variable Life Separate Account, a separate investment account of Protective Life to and from which Policy Value may be transferred and into which Net Premiums may be allocated.

**Variable Account Value** The sum of all Sub-Account Values.

**Written Notice** A notice or Request submitted in writing in a form satisfactory to Protective Life and received at the Home Office via U.S. postal service or nationally recognized overnight delivery service.

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[**TABLE OF CONTENTS**](#TOCtm2516261d4_sovuliiisp)

#### IMPORTANT INFORMATION YOU SHOULD CONSIDER ABOUT THE POLICY

---

| | |
|:---|:---|
| **FEES AND EXPENSES** | **FEES AND EXPENSES** |
| **Charges for Early Withdrawals** | If you withdraw money from your Policy after the first year, a withdrawal charge equal to the lesser of 2% of the amount withdrawn or $25 will be deducted from the Policy Value. For example, if you were to withdraw $100,000 from your Policy, you would be assessed a withdrawal charge of $25. <br> If you surrender the Policy within the first 14 Policy Years, you will be subject to a surrender charge of up to 5.80% of your Initial Face Amount. For example, if you surrender your Policy in the first Policy Year and the Initial Face Amount was $100,000, you could pay a surrender charge of up to $5,800. <br> For Policies issued in CA, if you surrender the Policy within the first 10 Policy Years, you will be subject to a surrender charge of up to 5.65% of your Initial Face Amount. For example, if you surrender your Policy in the first Policy Year and the Initial Face Amount was $100,000, you could pay a surrender charge of up to $5,650. <br> For additional information about charges for surrenders and early withdrawals, see "CHARGES AND DEDUCTIONS" in the Prospectus. |
| **Transaction Charges** | In addition to withdrawal and surrender charges, you may be subject to other transaction charges, including charges on each premium paid under the Policy, charges in connection with a decrease to your Policy's Face Amount and transfer fees.<br> For additional information about transaction charges, see "CHARGES AND DEDUCTIONS" in the Prospectus. |
| **Ongoing Fees and Expenses (annual charges)** | In addition to surrender charges and transaction charges, you are also subject to certain ongoing fees and expenses under the Policy, including fees and expenses covering the cost of insurance ("COI") under the Policy, administration, mortality and expense risk, loans and the cost of optional benefits available under the Policy. Such fees and expenses may be set based on characteristics of the Insured (e.g., age, sex, and rating classification). You should review the Policy specifications page of your Policy for rates applicable to your Policy. <br> You will also bear expenses associated with the Funds available under the Policy, as shown in the following table: |

---

---

| | | |
|:---|:---|:---|
| **Annual Fee**  | **Minimum**  | **Maximum**  |
| Fund Options (Fund fees and expenses) <sup>(1)</sup> | 0.09% | 1.14% |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <sup>(1)</sup> <br>

 *As a percentage of Fund assets.* 

For additional information about ongoing fees and expenses, see "CHARGES AND DEDUCTIONS" in the Prospectus.

---

| | |
|:---|:---|
| **RISKS** | **RISKS** |
| **Risk of Loss** | You can lose money by investing in this Policy, including loss of principal.<br> For additional information about the risk of loss, see "PRINCIPAL RISKS OF INVESTING IN THE POLICY" in the Prospectus. |
| **Not a Short-Term Investment** | The Policy is not a short-term investment and is not appropriate for an investor who needs ready access to cash. The Policy is designed to provide benefits on a long-term basis. Although you are permitted to take withdrawals or surrender the Policy, surrender charges and federal and state income taxes may apply. Consequently, you should not use the Policy as a short-term investment or savings vehicle. Because of the long-term nature of the Policy, you should consider whether purchasing the Policy is consistent with the purpose for which it is being considered. <br> For additional information about the investment profile of the Policy, see "PRINCIPAL RISKS OF INVESTING IN THE POLICY," "CHARGES AND DEDUCTIONS," "USE OF THE POLICY" and "TAX CONSIDERATIONS--Taxation of Insurance Polices" in the Prospectus. |

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[**TABLE OF CONTENTS**](#TOCtm2516261d4_sovuliiisp)

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| | |
|:---|:---|
| **RISKS** | **RISKS** |
| **Risks Associated with Investment Options** | An investment in the Policy is subject to the risk of poor investment performance and can vary depending on the performance of the investment options, or Funds, available under the Policy. Each investment option (including the Fixed Account investment option) will have its own unique risks, and investors should review these investment options before making an investment decision. <br> For additional information about the risks associated with Investment Options, see "PRINCIPAL RISKS OF INVESTING IN THE POLICY," "THE COMPANY AND THE FIXED ACCOUNT," "THE VARIABLE ACCOUNT AND THE FUNDS" and "FUND APPENDIX: FUNDS AVAILABLE UNDER THE POLICY" in the Prospectus. |
| **Insurance Company Risks** | An investment in the Policy is subject to the risks related to Protective Life, including that any obligations (including under the Fixed Account investment options), guarantees, or benefits are subject to the claims-paying ability of the Company. More information about the Company, including its financial strength ratings, is available upon request by calling toll-free 1-800-265-1545.<br> For additional information about Company risks, see "PRINCIPAL RISKS OF INVESTING IN THE POLICY" and "THE COMPANY AND THE FIXED ACCOUNT" in the Prospectus. |
| **Policy Lapse** | Your Policy could terminate if the value of your Policy becomes too low to support the Policy's monthly charges. Your Policy may also Lapse due to insufficient premium payments, poor investment performance, withdrawals, unpaid loans, or loan interest. There is a cost associated with reinstating a Lapsed Policy. Death Benefits will not be paid if the Policy has Lapsed.<br> For additional information about Policy Lapse, see "PRINCIPAL RISKS OF INVESTING IN THE POLICY," "PREMIUMS," "LOANS," and "LAPSE AND REINSTATEMENT" in the Prospectus. |

---

---

| | |
|:---|:---|
| **RESTRICTIONS** | **RESTRICTIONS** |
| **Investments** | While you may transfer amounts in the Sub-Accounts (which invest in shares of a corresponding Fund) and the Fixed Account, certain restrictions and transfer fees apply with regard to the number and amount of such transfers. Transfers are also subject to the excessive trading and market timing polices described in the Prospectus. <br> We reserve the right to remove or substitute Funds as investment options. <br> For additional information about Investment Options, see "TRANSFERS" and "ADDITION, DELETION, OR SUBSTITUTION OF INVESTMENTS" in the Prospectus. |
| **Optional Benefits** | Optional benefits, including Policy loans, are subject to additional charges. Some optional benefits are available only at the time your Policy is issued and may not be available for all Owners or Insureds. The maximum loan amount we allow at any time may not exceed 99% of the Policy's Cash Value reduced by any Policy Debt or any lien outstanding (including accrued interest) on the Valuation Day your loan request is received.<br> For additional information about the optional benefits, see "OTHER BENEFITS AVAILABLE UNDER THE POLICY" and "SUPPLEMENTAL RIDERS AND ENDORSEMENTS" in the Prospectus. |

---

---

| | |
|:---|:---|
| **TAXES** | **TAXES** |
| **Tax Implications** | You should consult with a tax professional to determine the tax implications regarding the purchase, ownership, and use of a Policy. Withdrawals and surrenders may be subject to income tax and will be taxed at ordinary tax rates. In addition, withdrawals and surrenders may be subject to an additional tax depending on the circumstances.<br> For additional information about tax implications, see "TAX CONSIDERATIONS" in the Prospectus. |

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[**TABLE OF CONTENTS**](#TOCtm2516261d4_sovuliiisp)

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| | |
|:---|:---|
| **CONFLICTS OF INTEREST** | **CONFLICTS OF INTEREST** |
| **Investment Professional Compensation** | Some investment professionals have and may receive compensation for selling the Policy to investors, which may include commissions, revenue sharing, and compensation from affiliates and third parties. These investment professionals may have a financial incentive to offer or recommend the Policy over another investment. <br> For additional information about compensation, see "SALE OF THE POLICIES" in the Prospectus. |
| **Exchanges** | Some investment professionals may have a financial incentive to offer an investor a new policy in place of the one he or she already owns. You should only exchange your policy if you determine, after comparing the features, fees, and risks of both policies, that it is preferable for you to purchase the new policy rather than continue to own the existing policy. <br> For additional information about exchanges, see "EXCHANGE PRIVILEGE" and "TAX CONSIDERATIONS--Section 1035 Exchanges" in the Prospectus. |

---

#### OVERVIEW OF THE PROTECTIVE STRATEGIC OBJECTIVES II VUL POLICY

#### Q: What is the Policy, and what is it designed to do?
A: The Policy is an individual flexible premium variable and fixed life insurance policy the primary purpose of which is to provide a Death Benefit which is paid upon the death of the Insured person. The Owner of the Policy is the person, persons, or entity entitled to all rights in this Policy while the Insured (the person whose life is covered by the Policy) is living, including designation of a Beneficiary.

Your Policy is a "flexible premium" policy because you have considerable flexibility in determining when and how much premium you want to pay. Your Policy is "variable" because the Death Benefit and Policy Value vary according to the investment performance of the Sub-Accounts to which you have allocated your premiums and Policy Value. The Policy provides you with an opportunity to take advantage of any increase in your Policy Value but you also bear the risk of any decrease.

Because the Policy is designed to provide benefits on a long-term basis and is not intended for short-term investing, the Policy may not be appropriate for those who have a short-term investment horizon.

#### Q: What are the Premiums for this Policy?
A: The Policy is designed to be flexible to meet your specific life insurance needs. You have the flexibility to choose the investment options and premiums you pay.

Premium is an amount you pay to the Company to establish and maintain life insurance coverage. The minimum initial premium will vary based on various factors, including the age of the Insured and the Death Benefit Option you select. Thereafter, you have the flexibility to choose the amount and timing of premium payments, within certain limits. Before your premiums are allocated to a Sub-Account, we deduct a premium expense charge.

You may establish a planned periodic premium. You are not required to pay the planned periodic premium and we will not terminate your Policy merely because you did not. However, payment of insufficient premiums may result in a Lapse of the Policy. Your Policy could Lapse if the value of your Policy becomes too low to support the Policy's monthly charges.

You may allocate premium to your choice of numerous different investment options available in the Sub-Accounts, as well as a Fixed Account, within your Policy. The Sub-Accounts are separate divisions of the Variable Account (Protective Variable Life Separate Account) that invest in a particular Fund (an underlying mutual fund).

ADDITIONAL INFORMATION ABOUT EACH FUND IS PROVIDED IN AN APPENDIX TO THIS PROSPECTUS. See FUND APPENDIX – Funds Available Under the Policy.

The Fixed Account is part of the Company's General Account, which holds all of the Company's assets other than those held in the Variable Account or other separate accounts.

#### Q: What are the primary features and options that this Policy offers?
**Choice of Death Benefit Options.** When you apply for the Policy, you must select one of two available Death Benefit Options used to determine the amount payable on the death of the Insured. Each Death Benefit Option is the greater of an amount noted below and the minimum death benefit on the date of death:

<u>Option A (Level)</u>: The Face Amount on the Insured's date of death.

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<u>Option B (Increasing)</u>: The current Face Amount plus the Policy Value on the Insured's date of death.

The minimum death benefit is determined by one of two federal tax compliance tests. You choose the test when you apply for the Policy. You cannot change your choice of test after the Policy is issued.

**Transfers.** At any time after the Cancellation Period (period during which the Owner may return the Policy for a refund), you may transfer Policy Value among the Sub-Accounts and the Fixed Account, subject to restrictions on the amount and frequency of transfers. The Company also may restrict or refuse to honor frequent transfers, including "market timing" transfers.

**Withdrawals.** You may request a partial withdrawal of your Policy at any time after the first Policy Year. The amount of any partial withdrawal must be at least $500. We will charge an administrative fee not greater than $25 per withdrawal on partial withdrawals. Withdrawals may have tax consequences.

**Surrender Benefit.** The Owner may surrender this Policy for the surrender benefit. The surrender benefit is the Surrender Value on the date of surrender. The Surrender Value is the Cash Value minus Policy Debt and any liens for payments made under an accelerated death benefit rider or endorsement, plus accrued interest. All coverage will end on the effective date of surrender of the Policy. No Death Benefits will be paid after the effective date of surrender of the Policy. Surrenders may have tax consequences.

**Loans.** While the Policy is in force, the Owner may obtain a loan on the security of the Policy. Policy loan amounts will be withdrawn first on a pro rata basis from the Sub-Accounts and/or Fixed Account unless the Owner specifies otherwise.

Loans may be treated as taxable income if your Policy is a "modified endowment contract" ("MEC") for federal income tax purposes. See "Tax Considerations".

#### Additional Benefits. The following additional benefits are available:
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Terminal Illness Accelerated Death Benefit Endorsement: This endorsement provides for an accelerated Death Benefit payment to the Owner if the Insured has a qualifying terminal illness and all the terms and conditions of the endorsement are met.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; ExtendCare Chronic Illness Accelerated Death Benefit Rider: This rider provides one or more accelerated Death Benefit payments to the Owner if the Insured has a qualifying chronic illness that is expected to last 90 days or more and all of the terms and conditions of the rider are met. There is an additional monthly charge for this optional benefit rider. Not available in CA.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Overloan Protection Endorsement: This endorsement provides that your Policy will not Lapse and the Death Benefit will be at least $10,000 as long as all of the terms and conditions of this endorsement are met. There is an additional charge for this optional benefit at the time it is exercised.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Income Provider Option Pre-Determined Death Benefit Payout Endorsement: This endorsement converts the payment of Death Benefit Proceeds from a single lump sum to a series of payments pursuant to a specified payment schedule that describes the amount, frequency, and duration of payment of the Death Benefit Proceeds.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Accidental Death Benefit Rider: This rider provides an additional death benefit payable if the Insured's death results from certain accidental causes. There is an additional monthly charge for this optional benefit rider.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Children's Term Insurance Rider: This rider provides a death benefit payable on the death of a covered child. There is an additional monthly charge for this optional benefit rider.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Lapse Protection Endorsement: This endorsement guarantees that your Policy will not Lapse during the lapse protection period set forth in your Policy Schedule as long as all of the terms and conditions of this endorsement are met.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Protected Insurability Benefit Rider: This rider provides the right to increase the Face Amount of your Policy at designated option dates at Insured's age 25, 28, 31, 34, 37 and 40 without evidence of insurability. There is an additional monthly charge for this optional benefit rider.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Waiver of Specified Premium Rider: This rider provides for the crediting of a specified premium to a Policy on each Monthly Anniversary during the total disability of the Insured if the Insured is disabled for at least 6 consecutive months and all the terms and conditions of the rider are met. There is an additional monthly charge for this optional benefit rider.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Extended No-Lapse Guarantee Rider: This rider guarantees that your Policy will not Lapse during the Maximum Lapse Protection Period set forth in your Policy Schedule as long as all of the terms and conditions of this rider are met. There is an additional monthly charge for this optional benefit rider. Not available in CA.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Dollar-Cost Averaging: This program allows for the systematic and automatic transfer, on a monthly or quarterly basis, of specified dollar amounts from a Sub-Account or the Fixed Account to one or more other specified Sub- Accounts.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Portfolio Rebalancing: This program allows for the automatic transfer, on a quarterly, semi-annual or annual basis, of Variable Account Value among specified Sub-Accounts to maintain a particular percentage allocation of Variable Account Value.

See "OTHER BENEFITS AVAILABLE UNDER THE POLICY" and "SUPPLEMENTAL RIDERS AND ENDORSEMENTS" in the Prospectus for details on obtaining optional benefits.

#### STANDARD DEATH BENEFITS
As long as the Policy remains in force, Protective Life will pay the Death Benefit Proceeds upon receipt at the Home Office of Due Proof of Death of the Insured. Protective Life may require return of the Policy. The Death Benefit Proceeds are paid to the primary Beneficiary or a contingent Beneficiary. The Owner may name one or more primary or contingent Beneficiaries. Unless designated irrevocably, the Owner may change the Beneficiary by Written Notice prior to the death of any Owner. If no Beneficiary survives the Insured, the Death Benefit Proceeds are paid to the Owner or the Owner's estate. Death Benefit Proceeds are paid in a lump sum or under a settlement option. Payment of the Death Benefit Proceeds may have tax consequences. See "Tax Considerations — Tax Treatment of Life Insurance Death Benefit Proceeds" in the Prospectus.

Please note that any Death Benefit payment we make in excess of the Variable Account Value, including payments under any rider, is subject to our financial strength and claims-paying ability.

If an Owner has elected the Income Provider Option Pre-Determined Death Benefit Payout Endorsement, we will pay the Death Benefit Proceeds pursuant to a payment schedule established according to the terms of the endorsement. See "Supplemental Riders and Endorsements" in the Prospectus.

#### Calculation of Death Benefit Proceeds
The Death Benefit Proceeds are equal to the Death Benefit calculated as of the date of the Insured's death, plus benefits under any supplemental riders or endorsements, minus (1) any Policy Debt on that date, (2) any liens for payments made under an accelerated death benefit rider or endorsement including accrued interest, and (3) any past due Monthly Deductions if the Insured died during the grace period.

The calculation of the Death Benefit depends on the Death Benefit option and the federal tax compliance test that you select. You must select the Death Benefit option and the tax compliance test before your Policy is issued. Once the Policy is issued, you may not change the tax compliance test.

*Federal Tax Compliance Tests.* Under Section 7702 of the Internal Revenue Code, a Policy will generally be treated as life insurance for federal tax purposes if, at all times, it satisfies one of two federal tax compliance tests: (1) the Guideline Premium Limitation/Cash Value Corridor Test, and (2) the Cash Value Accumulation Test.

The Guideline Premium Limitation/Cash Value Corridor Test ("GPT") has two components, a premium limit component and a corridor component. The premium limit restricts the amount of premium payments that can be paid into the Policy. The corridor requires that the Death Benefit be at least a certain percentage (varying each year by Attained Age of the Insured) of the Policy Value. The Cash Value Accumulation Test ("CVAT") does not have a premium limit, but does have a requirement that the Death Benefit be at least a certain percentage (varying based on the Attained Age, duration at death, sex and rate class of the Insured) of the Policy Value.

In applying for the Policy, you may select either federal tax compliance test. The Death Benefit will vary depending on which test is selected. There are a number of considerations involved in deciding which test to use.

For example, if your goal is to maximize your cash value in early Policy Years relative to the Policy's Death Benefit and other benefits, you may want to consider selecting the CVAT because it generally permits more premiums to be paid in early Policy years. The CVAT may require the Policy to have a higher Death Benefit relative to the Policy's cash value in later Policy Years, however, which could increase the mortality charges that will apply in those later years.

Alternatively, if your goal is to maximize your cash value in later Policy Years relative to the Policy's Death Benefit and other benefits, you may want to consider selecting the GPT and paying premiums up to the maximum permitted by the GPT. Funding a Policy in this manner may allow for lower mortality charges in later Policy Years in comparison with the mortality charges that would apply under a Policy tested under the CVAT.

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Which federal tax compliance test is better for you will depend on not only your goals, but on a number of other considerations. These other considerations include, but are not limited to, the characteristics of the Insured, the amount and timing of premiums that will be paid, and the earnings under the Policy.

The Death Benefit Option you choose will also affect the amount of your Death Benefit. If the GPT applies to the Policy, under Death Benefit Option A, your Death Benefit will generally be the Face Amount. However, the Death Benefit may vary based on the Policy Value if the Policy Value multiplied by the applicable specified percentage is greater than the Face Amount under the Policy. Under Death Benefit Option B, your Death Benefit will always vary with Policy Value.

Similarly, if the CVAT applies to the Policy, under Death Benefit Option A, your Death Benefit will generally be the Face Amount. However, the Death Benefit may vary based on the Policy Value if the minimum death benefit is greater than the Face Amount under the Policy. Under Death Benefit Option B, your Death Benefit will always vary with the Policy Value. See "Death Benefit Options" for detailed information about each Death Benefit Option.

**You should consult your registered representative for more information about which federal tax compliance test and death benefit option you should choose in light of your specific goals and circumstances.**

The Death Benefit Proceeds are payable when Protective Life receives a properly completed claim form and Due Proof of Death of the Insured while the Policy is in force. The Death Benefit Proceeds will be paid to the Beneficiary, or Beneficiaries, in a lump sum, unless a Settlement Option has been selected. If there is more than one Beneficiary, each Beneficiary must submit instructions in Good Order specifying the manner in which they wish to receive their portion of the Death Benefit Proceeds. The Death Benefit Proceeds are determined as of the date of the Insured's death and are moved to the general account until payment is made. Protective Life will pay interest on the Death Benefit Proceeds payable to each Beneficiary determined in accordance with applicable state law to the date of payment.

#### Death Benefit Options
***Death Benefit Options Under Policies Complying with the Guideline Premium Limitation/Cash Value Corridor Test.*** If the Policy is not issued under the Cash Value Accumulation Test, it will satisfy the Guideline Premium Limitation/Cash Value Corridor Test of federal tax law and the Death Benefit is determined as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Under Death Benefit Option A, the Death Benefit is the greater of: (1) the Face Amount under the Policy on the date of the Insured's death, or (2) a specified percentage, the Face Amount Percentage, of the Policy Value on the date of the Insured's death as indicated on a table set forth in Appendix A of the Prospectus.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Under Death Benefit Option B, the Death Benefit is the greater of: (1) the Face Amount under the Policy plus the Policy Value on the date of the Insured's death, or (2) a specified percentage, the Face Amount Percentage, of the Policy Value on the date of the Insured's death as indicated on a table set forth in Appendix A.

The Face Amount Percentage under both options is 250% when the Insured has reached an Attained Age of 40 or less by date of death, and decreases each year thereafter to 100% when the Insured has reached an Attained Age of 95 or greater at death. A table showing these percentages for Attained Ages 0 to 95 and examples of Death Benefit calculations for both Death Benefit Options are found in Appendix A of the Prospectus.

Under Death Benefit Option A, the Death Benefit remains level at the Face Amount unless the Policy Value multiplied by the Face Amount Percentage of Policy Value exceeds that Face Amount, in which event the Death Benefit varies as the Policy Value varies. Owners who are satisfied with the amount of their insurance coverage under the Policy and who prefer to have favorable investment performance and additional premiums reflected in higher Policy Value, rather than increased Death Benefits, generally should select Option A. Under Death Benefit Option B, the Death Benefit always varies as the Policy Value varies (although it is never less than the Face Amount). Owners who prefer to have favorable investment performance and additional premiums reflected in increased Death Benefits generally should select Option B.

***Death Benefit Options Under Policies Complying with the Cash Value Accumulation Test.*** If the Policy is issued under the Cash Value Accumulation Test, the Death Benefit is determined as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Under Death Benefit Option A, the Death Benefit is the greater of: (1) the Face Amount under the Policy on the date of the Insured's death, or (2) the minimum death benefit described below.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Under Death Benefit Option B, the Death Benefit is the greater of: (1) the Face Amount under the Policy plus the Policy Value on the date of the Insured's death, or (2) the minimum death benefit described below.

The minimum death benefit at any time is the amount of level death benefit that the Policy Value would purchase if paid as a net single premium at such time. Such net single premium is determined according to the Cash Value

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Accumulation Test prescribed under Section 7702 of the Internal Revenue Code, as amended or its successor, if such amendment or successor is applicable to the Policy.

For purposes of determining this net single premium, the mortality charges taken into account generally are the maximum mortality charges guaranteed under the Policy. Such charges do not, however, exceed the maximum charges permitted to be taken into account under the Cash Value Accumulation Test of Section 7702. In determining the net single premium, the interest rate taken into account is the greater of an annual effective interest rate specified in the Code or the annual effective credited interest rate or rates guaranteed on issuance of the Policy. For purposes of calculating the Cash Value Accumulation Test, the Policy is deemed to mature on the date the Insured reaches Attained Age 100, and the Policy Value deemed to exist on such date shall not exceed the least amount payable as a death benefit at any time under the Policy.

Owners who are satisfied with the amount of their insurance coverage under the Policy and who prefer to have favorable investment performance and additional premiums reflected in higher Policy Value, rather than increased Death Benefits, generally should select Option A. Under Death Benefit Option B, the Death Benefit always varies as the Policy Value varies (although it is never less than the Face Amount). Owners who prefer to have favorable investment performance and additional premiums reflected in increased Death Benefits generally should select Option B.

Examples of Death Benefit calculations for both Death Benefit Options under the Cash Value Accumulation Test are found in Appendix A to the Prospectus.

#### Changing the Face Amount
On or after the first Policy Anniversary, the Owner may request a change in the Face Amount. The request must be received in writing in Good Order at the Home Office.

#### Settlement Options
The Company offers a variety of ways of receiving proceeds payable under the Policy, such as on surrender or death, other than in a lump sum. Settlement options must be elected by Written Notice in Good Order received by Protective Life at the Home Office. The Owner may elect settlement options during the Insured's lifetime; Beneficiaries may elect settlement options thereafter if Death Benefit Proceeds are payable in a lump sum. Additional information about settlement options can be found in the "Settlement Options" section in the Prospectus. We will pay the Death Benefit Proceeds to the Beneficiary in a lump sum, unless a Settlement Option has been selected. If the Primary or Contingent Beneficiary is not living, or if no Beneficiary has been designated, We will pay the Owner or Owner's estate.

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#### OTHER BENEFITS AVAILABLE UNDER THE POLICY
In addition to the standard death benefits associated with your Policy, other standard and optional benefits may also be available to you. The following table summarizes information about these optional benefits. Information about the fees associated with each benefit included in the table may be found in the Fee Table.

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| | | | |
|:---|:---|:---|:---|
| **Name of Benefit**  | **Purpose**  | **Is Benefit Standard <br>or Optional?**  | **Brief Description of <br>Restrictions/Limitations**  |
| **Terminal Illness Accelerated Death Benefit Endorsement** | Provides for an accelerated death benefit payment (with certain exclusions), to the Owner if the Insured has a qualifying terminal illness. | Standard | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; • &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Maximum aggregate amount of payments that will be paid under this rider for all policies issued by the Company or an affiliate company on the life of the same insured person is equal to: <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The lesser of 60% of the current face amount of the Policy or $1,000,000; minus<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Any outstanding lien amount against the Policy resulting from any other accelerated death benefit rider or endorsement attached to the Policy.<br>• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Minimum acceleration permitted is $15,000.<br>• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The Death Benefit will be reduced by the amount of any acceleration taken, plus accumulated interest.<br>• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Any acceleration taken will reduce the amount available for Policy Loans and withdrawals.<br>|

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| | | | |
|:---|:---|:---|:---|
| **Name of Benefit**  | **Purpose**  | **Is Benefit Standard <br>or Optional?**  | **Brief Description of <br>Restrictions/Limitations**  |
| **Lapse Protection Endorsement** | Guarantees that your Policy will not Lapse during the lapse protection period set forth in your Policy Schedule. | Standard | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; • &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Minimum monthly premium will vary by Policy benefits, Issue Age, sex and rate class of the Insured.<br>• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Protection is only effective:<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 20 years for issue ages 0-49,<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; to attained age 70 for issue ages 50-64,<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5 years for issue ages 65-80<br>• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; If on any Monthly Anniversary Day, the total premiums paid less any Withdrawals and Policy Debt, does not equal or exceed the Accumulated Minimum Monthly Guarantee Amount, this provision will terminate.<br>• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Any change in the benefits provided by this Policy, made subsequent to the Policy Effective Date and during the lapse protection period, may result in a change to the Minimum Monthly Guarantee Amount.<br>|

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| | | | |
|:---|:---|:---|:---|
| **Name of Benefit**  | **Purpose**  | **Is Benefit Standard <br>or Optional?**  | **Brief Description of <br>Restrictions/Limitations**  |
| **Overloan Protection Endorsement** | Policy will not Lapse due to an outstanding Policy loan in certain circumstances. | Standard | &nbsp;&nbsp;&nbsp; • &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Policy must be in force at least 20 Policy Years.<br>• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Insured's Attained Age must be at least 65.<br>• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Withdrawals in an amount equal to the total premiums paid must have been taken.<br>• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Policy Debt must exceed the Face Amount and be at least 95% of the Cash Value.<br>• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Not available if accelerated benefits have been received or if Monthly Deductions are being waived or premiums credited under any endorsement or rider attached to the Policy.<br>• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Not available if the resulting Death Benefit is not compliant with our reasonable interpretation of the Code.<br>• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Not available if the Policy is a modified endowment contract ("MEC").<br>|
| **Accidental Death Benefit Rider** | Provides an additional death benefit payable if Insured's death results from certain accidental causes. | Optional | &nbsp;&nbsp;&nbsp; • &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Insured under the base Policy must be between the ages of 15 and 60 to elect this rider. Coverage expires at age 65.<br>• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The minimum amount of coverage is $1,000. <br>• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Maximum amount of coverage is $250,000 for the Company and affiliates' policies in force and applied for.<br>|
| **Children's Term Life Insurance Rider** | Provides a death benefit payable on the death of a covered child. | Optional | &nbsp;&nbsp;&nbsp; • &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Insured under the base Policy must be between the ages of 15 and 64.<br>• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Maximum amount of coverage is $25,000 for the Company and affiliates' policies in force and applied for.<br>• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The minimum amount of coverage is $1,000.<br>|

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| | | | |
|:---|:---|:---|:---|
| **Name of Benefit**  | **Purpose**  | **Is Benefit Standard <br>or Optional?**  | **Brief Description of <br>Restrictions/Limitations**  |
| **ExtendCare Chronic Illness Accelerated Death Benefit Rider** | Allows Owner to request a monthly or annual accelerated payment of part of the Policy's Death Benefit when we receive a written certification from a licensed health care practitioner that Insured has a qualifying chronic illness that is expected to last 90 or more days. | Optional | &nbsp;&nbsp;&nbsp; • &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Can only be added at the time of Policy issue.<br>• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; There is a minimum base Policy Face Amount of $100,000 and a maximum base Policy Face Amount of $5,000,000. <br>• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Maximum monthly benefit cannot exceed 5% of the base Policy Face Amount. <br>• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Insured under the base Policy must be between the ages of 20 and 80.<br>• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Death Benefit Option A must be in effect in order to receive benefit payments under the rider.<br>• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Any irrevocable Beneficiaries or assignees of record must give written consent for benefit payments to be made. <br>• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The rider is subject to a Lifetime Maximum Benefit and a Monthly Maximum Benefit.<br>|
| **Income Provider Option Pre-Determined Death Benefit Payout Endorsement** | Converts the payment of Death Benefit Proceeds to the Beneficiary from a single lump sum to a series of payments pursuant to a specified payment schedule. | Optional | &nbsp;&nbsp;&nbsp; • &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Can only be added at the time of Policy issue. <br>• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; You may not make a change to the Death Benefit Payment Schedule that lengthens the overall duration of payments.<br>• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; A Beneficiary cannot change the Death Benefit Payment Schedule or elect a single lump sum after the death of the Insured.<br>|
| **Protected Insurability Benefit Rider** | Provides the right to increase the Face Amount of your Policy at designated option dates at Insured's age 25, 28, 31, 34, 37 and 40 without evidence of insurability. | Optional | &nbsp;&nbsp;&nbsp; • &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Can only be added at the time of Policy issue. <br>• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The maximum amount of coverage is $50,000 per option date, for the Company and affiliates' policies in force and applied for. <br>• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The minimum amount of coverage is $10,000.<br>|

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| | | | |
|:---|:---|:---|:---|
| **Name of Benefit**  | **Purpose**  | **Is Benefit Standard <br>or Optional?**  | **Brief Description of <br>Restrictions/Limitations**  |
| **Waiver of Specified Premium Rider** | Provides for the crediting of a specified premium to a Policy on each Monthly Anniversary during the total disability of the Insured. | Optional | &nbsp;&nbsp;&nbsp; • &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Insured under the base Policy must be between the ages of 15 and 55 at the time the rider is issued. Coverage expires at age 65.<br>• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Insured must be disabled for at least six consecutive months, and the disability must have begun prior to the Policy Anniversary nearest the Insured's 65th birthday.<br>|
| **Extended No-Lapse Guarantee Rider** | Guarantees that your Policy will not Lapse during the Maximum Lapse Protection Period set forth in your Policy Schedule. | Optional | &nbsp;&nbsp;&nbsp; • &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Only to be added at the time of Policy issue.<br>• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Death Benefit Option A must be in effect.<br>• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Minimum Monthly Requirement will vary by Policy benefits, Issue Age, Face Amount, sex and rate class of the Insured.<br>• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; If on any Monthly Anniversary Day, the Accumulated Net Payments Received does not equal or exceed the Accumulated Minimum Monthly Requirements, this rider will terminate.<br>• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; If on any Monthly Anniversary Day, the Policy Debt exceeds the Policy's Cash Value, this rider will terminate.<br>• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Any change in the benefits provided by this Policy made subsequent to the Policy Effective Date and during the Maximum Extended Lapse Protection Period, may result in a change to the Minimum Monthly Requirement and associated rates and charges shown in the Policy Schedule.<br>|
| **Dollar-Cost Averaging** | Allows for the systematic transfer of specified dollar amounts from a Sub- Account or the Fixed Account to one or more other specified Sub- Accounts. | Standard | &nbsp;&nbsp;&nbsp; • &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; No transfers may be made into the Fixed Account. <br>• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Dollar-cost averaging may be elected for periods of at least 6 months and no longer than 48 months. <br>|

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| | | | |
|:---|:---|:---|:---|
| **Name of Benefit**  | **Purpose**  | **Is Benefit Standard <br>or Optional?**  | **Brief Description of <br>Restrictions/Limitations**  |
| **Portfolio Rebalancing** | Allows for the automatic transfer, on a regular basis, of Variable Account Value among specified Sub-Accounts to maintain a specified percentage allocation of Variable Account Value. | Standard | &nbsp;&nbsp;&nbsp; • &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Rebalancing transfers cannot be made into Fixed Account. <br>• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Minimum Variable Account Value of $100 required.<br>|
| **Policy Loans** | Allows Owner to borrow from Policy's Cash Value. | Standard | &nbsp;&nbsp;&nbsp; • &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other than Carryover loans, not available during the first Policy Year.<br>• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Maximum loan amount is 99% of Cash Value.<br>• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Minimum loan amount is $500.<br>• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Certain Policy loans may be taxable. You should consult a tax adviser as to the tax consequences of taking a Policy loan.<br>|

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#### BUYING THE POLICY

#### Purchasing a Policy
For insurance coverage to take effect under a Policy, you must submit a completed application and at least the minimum initial premium payment through a licensed representative of Protective Life who is also a registered representative of a broker-dealer having a distribution agreement with Investment Distributors, Inc. Protective Life requires satisfactory evidence of the insurability, which may include a medical examination of the Insured. Generally, Protective Life will issue a Policy covering an Insured up to age 80 if evidence of insurability satisfies Protective Life's underwriting rules. Minimum age requirements may apply. Acceptance of an application depends on Protective Life's underwriting rules, and Protective Life may reject an application for any reason. With your consent, a Policy may be issued on a basis other than that applied for (*e.g.*, on a higher premium class basis due to increased risk factors). *A Policy is issued after Protective Life approves the application. Payment of Premium is not a requirement to issue a Policy but your insurance will not take effect until you pay your minimum initial premium. Premium may be collected at the time of Policy delivery.*

Insurance coverage under a Policy begins on the Policy Effective Date. Temporary life insurance coverage also may be provided under the terms of a temporary insurance agreement. Under such agreements, the total amount of insurance which may become effective prior to the Policy Effective Date may not exceed $1,000,000 (including the amount of any life insurance and accidental death benefits then in force or applied for with the Company), may be dependent on satisfactory underwriting and other conditions and may not be in effect for more than 60 days. In addition, such agreement may not be issued on proposed Insureds under 15 days of age.

In order to obtain a more favorable Issue Age, Protective Life may permit the Owner to "backdate" a Policy by electing a Policy Effective Date up to six months prior to the date of the original application, subject to state requirements (3 months in Ohio, not allowed in Montana). Charges for the Monthly Deduction for the backdated period are deducted as of the Policy Effective Date and the calculation of the Policy's lapse protection will include the Minimum Monthly Premiums for the backdated period.

The Owner of the Policy may exercise all rights provided under the Policy. The Insured is the Owner, unless a different person or entity is named as Owner in the application. By Written Notice received by Protective Life at the Home Office while the Insured is living, the Owner may name a contingent Owner or a new Owner. If there are joint Owners, all Owners must authorize the exercise of any right under the Policy. Unless the Owner provides otherwise, in the event of one joint Owner's death, ownership passes to any surviving joint Owner(s). Unless a contingent Owner has been named, ownership of the Policy passes to the estate of the last surviving Owner upon his or her death. A change in Owner may have tax consequences. See "Tax Considerations — Other Considerations" in the Prospectus.

Fees, charges and benefits available under the Policy may vary depending on the state in which the Policy is issued.

***Minimum Initial Premium.*** The minimum initial premium required depends on a number of factors, including the age, sex and rate class of the proposed Insured, the Initial Face Amount requested by the applicant, any supplemental

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riders requested by the applicant and the planned periodic premiums that the applicant selects. Consult your sales representative for information about the initial premium required for the coverage you desire.

***Planned Periodic Premiums.*** In the application the Owner selects a plan for paying level premiums at specified intervals (*i.e.*, quarterly, semi-annually or annually). At the Owner's election, we will also arrange for payment of planned periodic premiums on a monthly basis (on any day except the 29<sup>th</sup>, 30<sup>th</sup>, or 31<sup>st</sup> of a month) under a pre-authorized payment arrangement. You are not required to pay premiums in accordance with these plans. You can pay more or less than planned or skip a planned periodic premium entirely. See "Lapse and Reinstatement." Subject to the limits described below, you can change the amount and frequency of planned periodic premiums at any time by Written Notice to Protective Life at the Home Office. Additional premiums may be required to maintain the Policy, depending on a number of factors including past premiums paid, investment experience and loans and/or withdrawals on the Policy.

Unless you have arranged to pay planned periodic premiums by pre-authorized payment arrangement or have otherwise requested, you will be sent reminder notices for planned periodic premiums.

***Unscheduled Premiums.*** Subject to the limitations described below, additional unscheduled premiums may be paid in any amount and at any time. By Written Notice to Protective Life at the Home Office, the Owner may specify that all unscheduled premiums are to be applied as repayments of Policy Debt, if any.

***Premium Limitations.*** Premiums are accepted until Attained Age of 121. Premiums may be paid by any method acceptable to Protective Life. If by check, the check must be from an Owner (or the Owner's designee other than a sales representative), payable to Protective Life, and be dated prior to its receipt at the Home Office.

Additional limitations apply to premiums. Premium payments must be at least $150 ($50 if paid monthly by a pre-authorized payment arrangement) and must be remitted to the Home Office. Protective Life also reserves the right to limit the amount and frequency of any premium payment. In addition, at any point in time aggregate premiums paid under a Policy may not exceed limitations for life insurance policies as set forth in the Internal Revenue Code. See "Tax Considerations" in the Prospectus and the discussion of Guideline Premium Limitation and Cash Value Accumulation Test under "Calculation of Death Benefit Proceeds." Protective Life will immediately refund any portion of any premium payment, with interest thereon, that is determined to be in excess of the limits established by law to qualify a Policy as a contract for life insurance. Protective Life will also monitor Policies and will attempt to notify the Owner on a timely basis if his or her Policy is in jeopardy of becoming a modified endowment contract under the Internal Revenue Code, if applicable. See "Tax Considerations" in the Prospectus.

***Premium Payments Upon Increase in Face Amount.*** Depending on the Policy Value at the time of an increase in the Face Amount and the amount of the increase requested, an additional premium payment may be necessary to keep the Policy in force or a change in the amount of planned periodic premiums may be advisable. You will be notified if a premium payment is necessary or a change is appropriate.

#### Net Premium Allocations
You must indicate in the application how Net Premiums are to be allocated to the Sub-Accounts and/or to the Fixed Account. These allocation instructions apply to both initial and subsequent Net Premiums. You may change the allocation instructions in effect at any time until Attained Age of 121 by Written Notice to Protective Life at the Home Office or by telephone, facsimile, automated telephone system, or via the Internet at www.protective.com. Whole percentages must be used. The sum of the allocations to the Sub-Accounts and the Fixed Account must be equal to 100% of any Net Premiums. Protective Life reserves the right to establish (i) a limitation on the number of Sub-Accounts to which Net Premiums may be allocated and/or (ii) a minimum allocation requirement for the Sub-Accounts and the Fixed Account.

For Policies issued in states where, upon cancellation during the Cancellation Period, Protective Life returns at least your premiums, Protective Life reserves the right to allocate your initial Net Premium (and any subsequent Net Premiums paid during the Cancellation Period) to the Invesco V.I. U.S. Government Money Portfolio Sub-Account or the Fixed Account until the expiration of the number of days in the Cancellation Period plus 6 days starting from the date that the Policy is mailed from the Home Office. Thereafter, the Policy Value in the Invesco V.I. U.S. Government Money Portfolio Sub-Account or the Fixed Account and all Net Premiums will be allocated according to your allocation instructions then in effect.

If Protective Life receives a premium payment at the Home Office before 3:00 P.M. Central Time, Protective Life will process the payment as of the Valuation Day it is received. Protective Life processes premium payments received at the Home Office at or after 3:00 P.M. Central Time as of the next Valuation Day. However, premium will not be accepted in connection with an increase in Face Amount until underwriting has been completed. When approved, Net Premium received will be allocated in accordance to your allocation instructions then in effect.

Unless designated by the Owner as a loan repayment, premiums received from Owners (other than planned periodic premiums) are treated as unscheduled premiums.

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Protective Life reserves the right to limit the amount and frequency of planned periodic premiums and additional unscheduled premiums (each an "additional premium") under the Policy or the amount and frequency of Net Premiums that may be allocated to the Fixed Account at any time. Protective Life also reserves the right to refuse to accept such additional premium under the Policy or allocate additional Net Premium to the Fixed Account at any time without prior notice. In all cases, Protective Life will accept additional premium necessary to prevent the Policy from lapsing. Protective Life will attempt to notify the Owner that a premium payment may result in a Policy becoming a Modified Endowment Contract ("MEC"), and will accept the premium payment unless otherwise instructed by the Owner. If a premium payment would cause the Policy to no longer qualify as life insurance under the Internal Revenue Code, the Company will refuse to accept the premium payment.

If mandated by law, we may reject a premium payment. We may also provide information about you and your account to a government regulator.

#### HOW YOUR POLICY CAN LAPSE

#### Lapse
Failure to pay planned periodic premiums will not necessarily cause a Policy to Lapse (terminate without value). Paying all planned periodic premiums will not necessarily prevent a Policy from lapsing. Except when the Lapse Protection Endorsement or the Extended No-Lapse Guarantee Rider are in effect, a Policy will Lapse if its Policy Value less the Surrender Charge and Policy Debt is insufficient to cover the Monthly Deduction on the Monthly Anniversary Day. Absent any lapse protection, if the Surrender Value on any Monthly Anniversary Day is less than the amount of the Monthly Deduction due on that date, the Policy will be in default and a grace period will begin. This could happen if investment experience has been sufficiently unfavorable that it has resulted in a decrease in Surrender Value or the Surrender Value has decreased because you have not paid sufficient Net Premiums to offset prior Monthly Deductions.

You have a 61-day grace period to make a payment of Net Premium at least sufficient to cover the current and past-due Monthly Deductions. Protective Life will send you, at your last known address and the last known address of any assignee of record, notice of the premium required to prevent Lapse. A Policy will remain in effect during the grace period. If the Insured should die during the grace period, the Death Benefit Proceeds payable to the Beneficiary will reflect a reduction for the Monthly Deductions due on or before the date of the Insured's death as well as any unpaid Policy Debt or liens (including accrued interest). See "Calculation of Death Benefit Proceeds." Unless the premium stated in the notice is paid before the grace period ends, the Policy will Lapse. A Policy Lapse may have tax consequences. See "Tax Considerations" in the Prospectus.

***Age 121.*** On and after the Policy Anniversary when the Insured is age 121, the Policy will not enter the grace period or Lapse and the Death Benefit will remain in effect, regardless of your Surrender Value.

***Lapse Protection.*** In return for paying the Minimum Monthly Guarantee Amount specified in the Policy or an amount equivalent thereto by the Monthly Anniversary Day, Protective Life guarantees that a Policy will remain in force for a specified period (the "lapse protection period"). If, for each month that the Policy has been in force, the total premiums paid, less withdrawals and Policy Debt, is greater than or equal to the Minimum Monthly Guarantee Amount multiplied by the number of complete Policy Months (including the current Policy Month) since the Policy Effective Date, the Policy's lapse protection will remain in effect until the end of the lapse protection period, regardless of the Policy's Surrender Value. In addition to satisfying the Minimum Monthly Guarantee Amount payment requirement noted above, the duration of the lapse protection period is limited based on the Insured's Issue Age. This provision remains in effect for the first 20 Policy Years (if the Insured's Issue Age is 0 through 49), up to attained age 70 (if the Insured's Issue Age is 50 through 64), or during the first 5 Policy Years (for Insured's Issue Age 65 and above), regardless of Surrender Value, if, for each month that the Policy has been in force since the Policy Effective Date, the total premiums paid net of any withdrawals and Policy Debt, is greater than or equal to the Minimum Monthly Guarantee Amount (shown in the Policy) multiplied by the number of complete policy months since the Policy Effective Date, including the current policy month. The Minimum Monthly Guarantee Amount is calculated for each Policy based on the age, sex and rate class of the Insured, the requested Face Amount and any supplemental riders.

The Policy may be eligible for the Extended No-Lapse Guarantee Rider that may help prevent the Policy from Lapsing. For additional information about the optional Extended No-Lapse Guarantee Rider, see "OTHER BENEFITS AVAILABLE UNDER THE POLICY" and "SUPPLEMENTAL RIDERS AND ENDORSEMENTS" in the Prospectus.

We will ***not*** notify you in the event the Policy's lapse protection is no longer in effect.

If you increase your Policy's Face Amount or change the Death Benefit option while the Policy's lapse protection is in effect, Protective Life will ***not extend*** the lapse protection period. The lapse protection period is based on the Policy Effective Date. However, upon an increase in Face Amount, Protective Life will recalculate the Minimum Monthly Guarantee Amount (which will generally increase). Any other change in benefits provided under this Policy or its riders

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which is made after the Policy Effective Date and during the period of the Policy's lapse protection also may result in a change to the Minimum Monthly Guarantee Amount. Protective Life will notify you of any increase in the Minimum Monthly Guarantee Amount and will amend your Policy to reflect the change.

#### Payment of the Minimum Monthly Guarantee Amount may not be sufficient to keep the Policy in force beyond the lapse protection period.

#### Reinstatement
An Owner may reinstate a Policy within 5 years of its Lapse provided that: (1) a request for reinstatement is made by Written Notice received by Protective Life at the Home Office, (2) the Insured is still living, (3) the Owner pays Net Premiums equal to (a) all Monthly Deductions that were due but unpaid during the grace period, and (b) which are at least sufficient to keep the reinstated Policy in force for three months, (4) the Insured provides Protective Life with satisfactory evidence of insurability, (5) the Owner repays or reinstates any Policy Debt and/or lien (including accrued interest) which existed at the end of the grace period; and (6) the Policy has not been surrendered. The "Approval Date" of a reinstated Policy is the date that Protective Life approves the Owner's request for reinstatement and requirements 1-6 above have been met.

#### MAKING WITHDRAWALS: ACCESSING THE MONEY IN YOUR POLICY

#### Surrender Privileges
At any time while the Policy is still in force and while the Insured is still living, you may surrender your Policy for its Surrender Value. Surrender Value is determined as of the end of the Valuation Period during which the Written Notice in Good Order requesting the surrender, the Policy and any other required documents are received by Protective Life at the Home Office. Valuation Periods end at the close of regular trading on the New York Stock Exchange, which is generally at 3:00 p.m. Central Time. Protective Life will process any surrender request in Good Order received at the Home Office at or after the end of the Valuation Period on the next Valuation Day. A Surrender Charge may apply. The Surrender Value is paid in a lump sum unless the Owner requests payment under a settlement option. Payment is generally made within 7 calendar days. All coverage and optional benefits will end on the effective date of surrender of the Policy. No Death Benefits will be paid after the effective date of the Policy surrender. A Policy which terminates upon surrender cannot later be reinstated. Surrenders may have tax consequences. See "Tax Considerations").

#### Withdrawal Privileges
At any time after the first Policy Year, an Owner, by Written Notice in Good Order received at the Home Office, may make a withdrawal of Surrender Value of not less than $500. Protective Life will withdraw the amount requested, plus a withdrawal charge and, if applicable, a Surrender Charge, from unloaned Policy Value as of the end of the Valuation Period during which the Written Notice in Good Order is received at the Home Office. Valuation Periods end at the close of regular trading on the New York Stock Exchange, which is generally at 3:00 p.m. Central Time.

Protective Life will process any withdrawal request in Good Order received at the Home Office at or after the end of the Valuation Period on the next Valuation Day.

The Owner may specify the amount of the withdrawal to be made from any Sub-Account or the Fixed Account. If the Owner does not so specify, or if the Sub-Account Value or Fixed Account Value is insufficient to carry out the request, the withdrawal from each Sub-Account and the Fixed Account is based on the proportion that such Sub-Account(s) Value and Fixed Account Value bears to the total unloaned Policy Value on the Valuation Day immediately prior to the Withdrawal. Payment is generally made within seven calendar days.

If Death Benefit Option A is in effect, Protective Life will reduce the Face Amount by the amount withdrawn if total withdrawals in a Policy Year exceed $5,000. The Company reserves the right to increase or decrease the amount of total withdrawals that will not result in a reduction of the Face Amount, or terminate the ability to withdraw any amount that does not trigger a reduction in the Face Amount. Protective Life may reject a withdrawal request if the withdrawal would reduce the Face Amount below the minimum amount for which the Policy would be issued under Protective Life's then-current rules, or if the withdrawal would cause the Policy to fail to qualify as a life insurance contract under applicable tax laws, as interpreted by Protective Life. If the Face Amount at the time of the withdrawal includes increases from the Initial Face Amount and the withdrawal requires a decrease of Face Amount, the reduction is made first from the most recent increase, then from prior increases, if any, in reverse order of their being made and finally from the Initial Face Amount. Withdrawals may have tax consequences. See "Tax Considerations."

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FEE TABLE

The following tables describe the fees and expenses that you will pay when buying, owning, and surrendering the Policy. If the amount of a charge depends on the personal characteristics of the Insured, then the fee table lists the minimum and maximum charges we assess under the Policy, and the fees and charges of a representative Insured with the characteristics set forth in the table. These charges may not be typical of the charges you will pay. Please refer to your Policy specifications page for information about the specific fees you will pay each year based on the options you have elected. On and after the Policy Anniversary when the Insured is age 121, we do not deduct any fees and charges other than the interest charged on loans (if a loan is outstanding).

The first table describes the fees and expenses that you will pay at the time that you pay premiums, surrender the Policy, allow the Policy to Lapse, decrease the Initial Face Amount, transfer Policy Value among the Sub-Accounts and to and from the Fixed Account, and make withdrawals.

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| | | | |
|:---|:---|:---|:---|
| **Transaction Fees**  | **Transaction Fees**  | **Transaction Fees**  | **Transaction Fees**  |
| **Charge**  | **When Charge is Deducted**  | **Amount Deducted — <br>Maximum Guaranteed Charge**  | **Amount Deducted — <br>Current Charge**  |
| **Premium Expense Charge:** | Upon receipt of each premium payment | 5% of each premium payment | 3.5% of each premium payment |
| **Premium Expense Charge (for Policies issued in CA):** | Upon receipt of each premium payment | 3.5% of each premium payment | 3.5% of each premium payment |
| **Surrender Charge:** <sup>(1)</sup> |  |  |  |
| &nbsp;&nbsp;&nbsp; *Minimum and Maximum Charge* | At the time of any (i) surrender; Lapse; or (ii) decrease in the Initial Face Amount which may occur if a withdrawal is made and Death Benefit Option A is in effect during the first 14 Policy Years | $2.25 – $58.00 per $1,000 of Initial Face Amount or decrease in Initial Face Amount, as applicable | $2.25 – $58.00 per $1,000 of Initial Face Amount or decrease in Initial Face Amount, as applicable |
| &nbsp;&nbsp;&nbsp; *Charge for a 49 year old male in the nontobacco class during the first Policy Year* | At the time of any (i) surrender; Lapse; or (ii) decrease in the Initial Face Amount which may occur if a withdrawal is made and Death Benefit Option A is in effect during the first 14 Policy Years | $39.00 per $1,000 of Initial Face Amount or decrease in Initial Face Amount, as applicable | $39.00 per $1,000 of Initial Face Amount or decrease in Initial Face Amount, as applicable |
| **Surrender Charge (for Policies issued in CA): <sup>(1)</sup>** |  |  |  |
| &nbsp;&nbsp;&nbsp; *Minimum and Maximum Charge* | At the time of any (i) surrender; Lapse; or (ii) decrease in the Initial Face Amount which may occur if a withdrawal is made and Death Benefit Option A is in effect during the first 10 Policy Years | $3.00 – $54.50 per $1,000 of Initial Face Amount or decrease in Initial Face Amount, as applicable | $3.00 – $54.50 per $1,000 of Initial Face Amount or decrease in Initial Face Amount, as applicable |
| &nbsp;&nbsp;&nbsp; *Charge for a 49 year old male in the nontobacco class during the first Policy Year* | At the time of any (i) surrender; Lapse; or (ii) decrease in the Initial Face Amount which may occur if a withdrawal is made and Death Benefit Option A is in effect during the first 10 Policy Years | $36.25 per $1,000 of Initial Face Amount or decrease in Initial Face Amount, as applicable | $36.25 per $1,000 of Initial Face Amount or decrease in Initial Face Amount, as applicable |
| **Transfer Fee:** <sup>(2)</sup> | Upon each transfer in excess of 12 in a Policy Year | $25 per transfer | $0 per transfer |
| **Withdrawal Charge:** | At the time of each withdrawal of Policy Value | The lesser of 2.0% of the amount withdrawn or $25 | The lesser of 2.0% of the amount withdrawn or $25 |
| **Overloan Protection Endorsement** | When the Benefit is Exercised | 5% of Policy Value | 5% of Policy Value |

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<sup>(1)</sup> <br>

*&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The Surrender Charge varies based on individual characteristics such as the Insured's Issue Age, sex and rate class, and decreases each Policy Year until it reaches zero after the fourteenth Policy Year (tenth Policy Year for* 

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Policies issued in CA). The Surrender Charge shown in the table may not be typical of the charges you will pay. Your Policy's specification page will indicate the charges applicable to your Policy, and more detailed information concerning these charges is available on request from our Home Office.

<sup>(2)</sup> <br>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Protective Life currently does not assess the transfer fee, but reserves the right to do so in the future for each transfer after the first 12 transfers in any Policy Year. We will give written notice at least thirty (30) days before we impose a transfer fee. See "CHARGES AND DEDUCTIONS, Transfer Fee" in the Prospectus.

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**The next table describes the fees and expenses that you will pay periodically during the time that you own the Policy, not including the Funds' fees and expenses.**

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| | | | |
|:---|:---|:---|:---|
| **Periodic Charges Other Than Fund Operating Expenses**  | **Periodic Charges Other Than Fund Operating Expenses**  | **Periodic Charges Other Than Fund Operating Expenses**  | **Periodic Charges Other Than Fund Operating Expenses**  |
| **Charge**  | **When Charge is Deducted**  | **Amount Deducted — <br>Maximum Guaranteed Charge**  | **Amount Deducted — <br>Current Charge**  |
| **Base Contract Charge:** | **Base Contract Charge:** | **Base Contract Charge:** | **Base Contract Charge:** |
| **Cost of Insurance:** <sup>(1)</sup> <sup>(2)</sup> | **Cost of Insurance:** <sup>(1)</sup> <sup>(2)</sup> | **Cost of Insurance:** <sup>(1)</sup> <sup>(2)</sup> | **Cost of Insurance:** <sup>(1)</sup> <sup>(2)</sup> |
| &nbsp;&nbsp;&nbsp; *Minimum and Maximum Charge* | On the Policy Effective Date and each Monthly Anniversary Day | $0.01 – $83.33 per $1,000 of Net Amount at Risk <sup>(2)</sup> | $0.01 – $70.46 per $1,000 of Net Amount at Risk <sup>(2)</sup> |
| &nbsp;&nbsp;&nbsp; *Charge for a 49 year old male in the nontobacco rate class during the first Policy Year with a Face Amount of $100,000.* | On the Policy Effective Date and each Monthly Anniversary Day | $0.18 per $1,000 of Net Amount at Risk | $0.04 per $1,000 of Net Amount at Risk |
| **Cost of Insurance (for Policies issued in CA): <sup>(1)</sup> <sup>(2)</sup>** |  |  |  |
| &nbsp;&nbsp;&nbsp; *Minimum and Maximum Charge* | On the Policy Effective Date and each Monthly Anniversary Day | $0.01 – $83.33 per $1,000 of Net Amount at Risk <sup>(2)</sup> | $0.01 – $59.39 per $1,000 of Net Amount at Risk <sup>(2)</sup> |
| &nbsp;&nbsp;&nbsp; *Charge for a 49 year old male in the nontobacco rate class during the first Policy Year with a Face Amount of $100,000.* | On the Policy Effective Date and each Monthly Anniversary Day | $0.18 per $1,000 of Net Amount at Risk | $0.04 per $1,000 of Net Amount at Risk |
| **Mortality and Expense Risk Charge:** | On the Policy Effective Date and each Monthly Anniversary Day | 0.050% multiplied by the Variable Account Value, which is equivalent to an annual rate of 0.60% of such amount | 0.017% multiplied by the Variable Account Value, which is equivalent to an annual amount of 0.204% for 10 Policy Years; 0.008% multiplied by the Variable Account Value, which is equivalent to an annual amount of 0.096% for each Policy Year thereafter. |
| **Standard Administrative Fee:** | On the Policy Effective Date and each Monthly Anniversary Day | $9.00 ($8.00 for Policies issued in CA) | $9.00 ($8.00 for Policies issued in CA) |

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<sup>(1)</sup> <br>

*&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Cost of insurance charges vary based on individual characteristics such as the Insured's Issue Age, sex and rate (i.e., underwriting) class and the number of years that the Policy has been in force, Face Amount, and the Net Amount at Risk on either the Policy Effective Date or the applicable Monthly Anniversary Date. The charge generally increases with Issue Age. In determining current cost of insurance charges, we may consider a variety of factors, including those unrelated to mortality experience. The cost of insurance charges shown in the table may not be typical of the charges you will pay. Your Policy's specification page will indicate the guaranteed cost of insurance charges applicable to your Policy, and more detailed information concerning your cost of insurance charges is available on request from our Home Office. Also, before you purchase the Policy, you may request personalized illustrations of hypothetical future benefits under the Policy based upon the Issue Age, sex and rate classification of the Insured, and the Face Amount, planned premiums, and riders requested. The cost of insurance charge shown in the above table has been rounded to the nearest hundredth. See "Charges and Deductions-Monthly Deduction".*

<sup>(2)</sup> <br>

 *See definition of Net Amount at Risk in the Special Terms.* 

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| | | | |
|:---|:---|:---|:---|
| **Periodic Charges Other Than Fund Operating Expenses**  | **Periodic Charges Other Than Fund Operating Expenses**  | **Periodic Charges Other Than Fund Operating Expenses**  | **Periodic Charges Other Than Fund Operating Expenses**  |
| **Charge**  | **When Charge is Deducted**  | **Amount Deducted — <br>Maximum Guaranteed Charge**  | **Amount Deducted — <br>Current Charge**  |
| **Administrative Charge** <sup>(3)</sup> | **Administrative Charge** <sup>(3)</sup> | **Administrative Charge** <sup>(3)</sup> | **Administrative Charge** <sup>(3)</sup> |
| &nbsp;&nbsp;&nbsp; *Minimum and Maximum Charge* | On the Policy Effective Date and each Monthly Anniversary Day | $0.10 – $3.75 per $1,000 of Initial Face Amount | $0.10 – $3.41 per $1,000 of Initial Face Amount during the first 2 Policy Years and $0.04 – $1.36 per $1,000 of Initial Face Amount thereafter |
| &nbsp;&nbsp;&nbsp; *Charge for a 49 year old male in the nontobacco rate class with a Face Amount of $100,000.* | On the Policy Effective Date and each Monthly Anniversary Day | $0.89 per $1,000 of Initial Face Amount | $0.81 per $1,000 of Initial Face Amount during the first 2 Policy Years and $0.33 per $1,000 of Initial Face Amount thereafter |
| **Administrative Charge (for Policies issued in CA):** <sup>(3)</sup> | **Administrative Charge (for Policies issued in CA):** <sup>(3)</sup> | **Administrative Charge (for Policies issued in CA):** <sup>(3)</sup> | **Administrative Charge (for Policies issued in CA):** <sup>(3)</sup> |
| &nbsp;&nbsp;&nbsp; *Minimum and Maximum Charge* | On the Policy Effective Date and each Monthly Anniversary Day | $0.09 – $3.66 per $1,000 of Initial Face Amount | $0.09 – $3.66 per $1,000 of Initial Face Amount during the first 10 Policy Years and is discontinued thereafter |
| &nbsp;&nbsp;&nbsp; *Charge for a 49 year old male in the nontobacco rate class with a Face Amount of $100,000.* | On the Policy Effective Date and each Monthly Anniversary Day | $0.45 per $1,000 of Initial Face Amount | $0.44 per $1,000 of Initial Face Amount during the first 10 Policy Years and is discontinued thereafter |
| **Administrative Charge For Face Amount Increases:** <sup>(4)</sup> | **Administrative Charge For Face Amount Increases:** <sup>(4)</sup> | **Administrative Charge For Face Amount Increases:** <sup>(4)</sup> | **Administrative Charge For Face Amount Increases:** <sup>(4)</sup> |
| &nbsp;&nbsp;&nbsp; *Minimum and Maximum Charge* | On the Effective Date of the increase and the subsequent 11 Monthly Anniversary Days | $0.75 – $4.95 per $1,000 of any increase in Face Amount | $0.75 – $4.95 per $1,000 of any increase in Face Amount |
| &nbsp;&nbsp;&nbsp; *Charge for a 49 year old male in the nontobacco rate class* | On the Effective Date of the increase and the subsequent 11 Monthly Anniversary Days | $3.30 per $1,000 of any increase in Face Amount | $3.30 per $1,000 of any increase in Face Amount |
| **Administrative Charge For Face Amount Increases (for Policies issued in CA):** <sup>(4)</sup> | **Administrative Charge For Face Amount Increases (for Policies issued in CA):** <sup>(4)</sup> | **Administrative Charge For Face Amount Increases (for Policies issued in CA):** <sup>(4)</sup> | **Administrative Charge For Face Amount Increases (for Policies issued in CA):** <sup>(4)</sup> |
| &nbsp;&nbsp;&nbsp; *Minimum and Maximum Charge* | On the Effective Date of the increase and the subsequent 11 Monthly Anniversary Days | $0.39 – $1.74 per $1,000 of any increase in Face Amount | $0.39 – $1.74 per $1,000 of any increase in Face Amount |
| &nbsp;&nbsp;&nbsp; *Charge for a 49 year old male in the nontobacco rate class* | On the Effective Date of the increase and the subsequent 11 Monthly Anniversary Days | $1.09 per $1,000 of any increase in Face Amount | $1.09 per $1,000 of any increase in Face Amount |

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<sup>(3)</sup> <br>

*&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; We call this the administrative charge in the Prospectus. The administrative charge varies based on the Insured's Issue Age, sex and rate class and the Face Amount. The administrative charge will be higher in the first 2 Policy Years compared to thereafter (not applicable to Policies issued in CA) The administrative charge shown in the table may not be typical of the charges you will pay. Your Policy's specification page will indicate the guaranteed charges applicable to your Policy, and more detailed information concerning these charges is available on request from our Home Office.*

<sup>(4)</sup> <br>

*&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The administrative charge for Face Amount increases varies based on the Insured's Issue Age, sex, and rate class. The administrative charge shown in the table may not be typical of the charges you will pay. Your Policy's specification page will indicate the charges applicable to your Policy, and more detailed information concerning these charges is available on request from our Home Office.*

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| | | | |
|:---|:---|:---|:---|
| **Periodic Charges Other Than Series Fund Operating Expenses** | **Periodic Charges Other Than Series Fund Operating Expenses** | **Periodic Charges Other Than Series Fund Operating Expenses** | **Periodic Charges Other Than Series Fund Operating Expenses** |
| **Charge**  | **When Charge is Deducted**  | **Amount Deducted — <br>Maximum Guaranteed Charge**  | **Amount Deducted — <br>Current Charge**  |
| **Optional Benefit Charges:** | **Optional Benefit Charges:** | **Optional Benefit Charges:** | **Optional Benefit Charges:** |
| **Net Cost of Loans** <sup>(5)</sup> | On each Policy Anniversary, as applicable <sup>(6)</sup> | 2.00% (annually) in Policy Years 1 through 10; 0.25% in Policy Years 11 and thereafter for both standard and carryover loans. | 2.00% (annually) for standard loans, 1.00% for carryover loans in Policy Years 1 through 10; 0% for all loans in Policy Years 11 and thereafter |
| **Net Cost of Loans (for Policies issued in CA): <sup>(5)</sup>** | On each Policy Anniversary, as applicable <sup>(6)</sup> | 4.00% (annually) in Policy Years 1 through 10; 2.25% in Policy Years 11 and thereafter for both standard and carryover loans. | 2.00% (annually) for standard loans, 1.00% for carryover loans in Policy Years 1 through 10; 0% for all loans in Policy Years 11 and thereafter |
| **Children's Term Life Insurance Rider** | On the Effective Date and each Monthly Anniversary Day | $0.45 per $1,000 of rider coverage amount | $0.45 per $1,000 of rider coverage amount |

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<sup>(5)</sup> <br>

*&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The Net Cost of Loans is the difference between the rate of interest we charge you for a loan and the rate of interest we credit based upon the amount in your Loan Account. We charge interest daily on any outstanding loan at the following effective annual rates: (a) 5.00% for standard loans in Policy Years 1-10; (b) 4.00% current (5.00% guaranteed) for carry-over loans in Policy Years 1-10; and (c) 3.00% current (3.25% guaranteed) for all loans in Policy Years 11 and greater. We credit interest annually to the Loan Account on any outstanding loan at an effective annual interest rate of not less than 3.00% currently (3.00 guaranteed, 1.00% guaranteed for Policies issued in CA).*

<sup>(6)</sup> <br>

*&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; As long as a loan is outstanding, loan interest must be paid in arrears on each Policy Anniversary or, if earlier, on the date of loan repayment, Lapse, surrender, termination, or the Insured's death.*

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| | | | |
|:---|:---|:---|:---|
| **Periodic Charges Other Than Fund Operating Expenses**  | **Periodic Charges Other Than Fund Operating Expenses**  | **Periodic Charges Other Than Fund Operating Expenses**  | **Periodic Charges Other Than Fund Operating Expenses**  |
| **Charge**  | **When Charge is Deducted**  | **Amount Deducted — <br>Maximum Guaranteed Charge**  | **Amount Deducted — <br>Current Charge**  |
| **Accidental Death Benefit Rider** <sup>(7)</sup> | **Accidental Death Benefit Rider** <sup>(7)</sup> | **Accidental Death Benefit Rider** <sup>(7)</sup> | **Accidental Death Benefit Rider** <sup>(7)</sup> |
| &nbsp;&nbsp;&nbsp; *Minimum and Maximum Charge* | On the Effective Date and each Monthly Anniversary Day | $0.08 – $0.14 per $1,000 of rider coverage amount | $0.08 – $0.14 per $1,000 of rider coverage amount |
| &nbsp;&nbsp;&nbsp; *Charge for a 34 year old* | On the Effective Date and each Monthly Anniversary Day | $0.08 per $1,000 of rider coverage amount | $0.08 per $1,000 of rider coverage amount |
| **Waiver of Specified Premium Rider** <sup>(8)</sup> | **Waiver of Specified Premium Rider** <sup>(8)</sup> | **Waiver of Specified Premium Rider** <sup>(8)</sup> | **Waiver of Specified Premium Rider** <sup>(8)</sup> |
| &nbsp;&nbsp;&nbsp; *Minimum and Maximum Charge* | On the Effective Date and each Monthly Anniversary Day | $1.86 – $19.19 per $100 of rider coverage amount | $1.86 – $19.19 per $100 of rider coverage amount |
| &nbsp;&nbsp;&nbsp; *Charge for a 39 year old male in the nontobacco class* | On the Effective Date and each Monthly Anniversary Day | $4.42 per $100 of rider coverage amount | $4.42 per $100 of rider coverage amount |
| **ExtendCare Rider** <sup>(9)</sup> | **ExtendCare Rider** <sup>(9)</sup> | **ExtendCare Rider** <sup>(9)</sup> | **ExtendCare Rider** <sup>(9)</sup> |
| &nbsp;&nbsp;&nbsp; *Minimum and Maximum Charge* | On the Effective Date and each Monthly Anniversary Day | $0.01 – $18.96 per $1,000 of Net Amount at Risk | $0.01 – $16.62 per $1,000 of Net Amount at Risk |
| &nbsp;&nbsp;&nbsp; *Charge for a 57 year old female in the nontobacco rate class in the First Policy Year with a Face Amount of $250,000 and monthly benefit of $10,800* | On the Effective Date and each Monthly Anniversary Day | $0.01 per $1,000 of Net Amount at Risk | $0.01 per $1,000 of Net Amount at Risk |

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<sup>(7)</sup> <br>

*&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The charge for the Accidental Death Benefit Rider varies based on the Insured's attained age. The rider charge shown in the table may not be typical of the charges you will pay. Your Policy's specifications page will indicate the rider charge applicable to your Policy, and more detailed information concerning this charge is available on request from our Home Office.*

<sup>(8)</sup> <br>

*&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The charge for the Waiver of Specified Premium Rider varies based on the Issue Age, underwriting class and sex of the Insured. The rider charge shown in the table may not be typical of the charges you will pay. Your Policy's specifications page will indicate the rider charge applicable to your Policy, and more detailed information concerning this charge is available on request from our Home Office.*

<sup>(9)</sup> <br>

*&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The charge for the ExtendCare Chronic Illness Accelerated Death Benefit Rider varies based on the Insured's Issue Age, sex and rate (i.e., underwriting) class, the number of years that the Policy has been in force, Face Amount and monthly benefit (maximum monthly benefit chosen at the issuance of the Policy). The rider charge shown in the table may not be typical of the charges you will pay. Your Policy's specifications page will indicate the rider charge applicable to your Policy, and more detailed information concerning this charge is available on request from our Home Office. Not available in CA.*

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| | | | |
|:---|:---|:---|:---|
| **Periodic Charges Other Than Fund Operating Expenses**  | **Periodic Charges Other Than Fund Operating Expenses**  | **Periodic Charges Other Than Fund Operating Expenses**  | **Periodic Charges Other Than Fund Operating Expenses**  |
| **Charge**  | **When Charge is Deducted**  | **Amount Deducted — <br>Maximum Guaranteed Charge**  | **Amount Deducted — <br>Current Charge**  |
| **Protected Insurability Benefit Rider** <sup>(10)</sup> | **Protected Insurability Benefit Rider** <sup>(10)</sup> | **Protected Insurability Benefit Rider** <sup>(10)</sup> | **Protected Insurability Benefit Rider** <sup>(10)</sup> |
| &nbsp;&nbsp;&nbsp; *Minimum and Maximum Charge* | On the Effective Date and each Monthly Anniversary Day | $0.03 – $0.13 per $1,000 of rider coverage amount | $0.03 – $0.13 per $1,000 of rider coverage amount |
| &nbsp;&nbsp;&nbsp; *Charge for a child less than 6 months old* | On the Effective Date and each Monthly Anniversary Day | $0.03 per $1,000 of rider coverage amount | $0.03 per $1,000 of rider coverage amount |
| **Extended No-Lapse Guarantee Rider <sup>(11)</sup>** |  |  |  |
| &nbsp;&nbsp;&nbsp; *Minimum and Maximum Charge* | On the Effective Date and each Monthly Anniversary Day | $0.03 – $0.92 per $1,000 of Face Amount | $0.03 – $0.92 per $1,000 of Face Amount |
| &nbsp;&nbsp;&nbsp; *Charge for a 45 year old male in the nontobacco rate class in the First Policy Year with a Face Amount of $250,000* | On the Effective Date and each Monthly Anniversary Day | $0.16 per $1,000 of Face Amount | $0.16 per $1,000 of Face Amount |

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<sup>(10)</sup> <br>

*&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The charge for the Protected Insurability Rider varies based on the Insured's Issue Age. The rider charge shown in the table may not be typical of the charges you will pay. Your Policy's specifications page will indicate the rider charge applicable to your Policy, and more detailed information concerning this charge is available on request from our Home Office.*

<sup>(11)</sup> <br>

*&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The charge for the Extended No-Lapse Guarantee Rider varies based on the Issue Age, Face Amount, underwriting class and sex of the Insured. The rider charge shown for the representative insured may not be typical of the charges you will pay. Your Policy's specification page will indicate the charges applicable to your Policy, and more detailed information concerning these charges is available on request from our Home Office.Not available in CA.*

#### ANNUAL FUND EXPENSES
**The next item shows the minimum and maximum total operating expenses charged by the Funds (before waiver or reimbursement) during the time you own the Policy. Expenses of the Funds may be higher or lower in the future. More detail concerning each Fund's fees and expenses is contained in the prospectus for each Fund.A complete list of Funds available under the Policy, including their annual expenses, may be found at the back of this document. See "FUND APPENDIX - FUNDS AVAILABLE UNDER THE POLICY".**

#### Range of Expenses for the Funds

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| | | |
|:---|:---|:---|
| | **Minimum**  | **Maximum**  |
| Total Annual Fund Operating Expenses  | 0.09% | &nbsp;&nbsp;&nbsp;1.14% <sup>(1)</sup> |
| &nbsp;&nbsp;&nbsp; (total of all expenses that are deducted from Fund assets, including management fees, <br>12b-1 fees, and other expenses) |  |  |

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&nbsp;&nbsp;&nbsp;&nbsp; <sup>(1)</sup> <br>

*&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The range of Annual Fund Expenses shown here does not take into account contractual and voluntary arrangements under which the Funds' advisers currently reimburse Fund expenses or waive fees. Please see the prospectus for each Fund for more information about that Fund's expenses.*

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#### APPENDIX:

#### FUNDS AVAILABLE UNDER THE POLICY
The following is a list of Funds available under the Policy. More information about the Funds is available in the prospectuses for the Funds, which may be amended from time to time and can be found online at www.protective.com/eprospectus. You can also request this information at no cost by calling 1-800-265-1545 or by sending an email request to prospectus@protective.com.

The current expenses and performance information below reflects fees and expenses of the Funds, but do not reflect the other fees and expenses that your Policy may charge. Expenses would be higher and performance would be lower if these other charges were included. Each Fund's past performance is not necessarily an indication of future performance.

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|:---|:---|:---|:---|:---|:---|
| **Asset<br>Allocation <br>Type** |  ***Fund- Investment Adviser; <br>Sub-Adviser(s), as applicable*** | **Current <br>Expenses** | **Average Annual Total Returns <br>*(as of 12/31/2024)*** | **Average Annual Total Returns <br>*(as of 12/31/2024)*** | **Average Annual Total Returns <br>*(as of 12/31/2024)*** |
| **Asset<br>Allocation <br>Type** |  ***Fund- Investment Adviser; <br>Sub-Adviser(s), as applicable*** | **Current <br>Expenses** | **1 Year**  | **5 Year**  | **10 Year**  |
| Allocation | American Funds Insurance Series<sup>®</sup> Asset Allocation Fund - Class 1 | 0.29% | 16.73% | 8.59% | 8.59% |
| International <br>Equity | American Funds Insurance Series<sup>®</sup> Global Growth Fund - Class 1<sup>(1)</sup> | 0.41% | 13.94% | 10.04% | 11.02% |
| U.S. Equity | American Funds Insurance Series<sup>®</sup> Growth Fund - Class 1 | 0.34% | 31.96% | 19.12% | 16.88% |
| U.S. Equity | American Funds Insurance Series<sup>®</sup> Growth-Income Fund - Class 1 | 0.28% | 24.55% | 13.30% | 12.49% |
| International <br>Equity | American Funds Insurance Series<sup>®</sup> New World Fund<sup>®</sup> - Class 1<sup>(1)</sup> | 0.57% | 6.86% | 4.80% | 6.49% |
| U.S. Equity | ClearBridge Variable Small Cap Growth Portfolio - Class I - ClearBridge Investments, LLC | 0.80% | 4.50% | 5.39% | 7.93% |
| International <br>Equity | Dimensional VA International Small Portfolio - Institutional Class - Dimensional Fund Advisors Ltd; *DFA Australia Limited* | 0.39% | 3.82% | 4.11% | 5.91% |
| International <br>Equity | Dimensional VA International Value Portfolio - Institutional Class - Dimensional Fund Advisors Ltd; *DFA Australia Limited* | 0.28% | 6.62% | 7.08% | 5.62% |
| U.S. Equity | Dimensional VA U.S. Large Value Portfolio - Institutional Class | 0.21% | 13.38% | 8.43% | 8.52% |
| Taxable Bond | Dimensional VIT Inflation-Protected Securities Portfolio - Institutional Class - Dimensional Fund Advisors Ltd; *DFA Australia Limited* | 0.11% | 1.88% | 1.82% |  |
| U.S. Equity | Fidelity<sup>®</sup> VIP Growth Opportunities Portfolio - Initial Class - FMR Investment Management (U.K.) Limited; *Fidelity Management & Research (Japan) Limited; Fidelity Management & Research (HK) Ltd* | 0.57% | 38.89% | 18.76% | 18.22% |
| U.S. Equity | Fidelity<sup>®</sup> VIP Index 500 Portfolio - Initial Class - Geode Capital Management, LLC | 0.09% | 24.90% | 14.40% | 12.99% |
| Taxable Bond | Fidelity<sup>®</sup> VIP Investment Grade Bond Portfolio - Initial Class - FMR Investment Management (U.K.) Limited; *Fidelity Management & Research (Japan) Limited; Fidelity Management & Research (HK) Ltd* | 0.38% | 1.79% | 0.46% | 1.93% |
| U.S. Equity | Fidelity<sup>®</sup> VIP Mid Cap Portfolio - Initial Class - FMR Investment Management (U.K.) Limited; *Fidelity Management & Research (Japan) Limited; Fidelity Management & Research (HK) Ltd* | 0.57% | 17.49% | 11.34% | 9.21% |
| U.S. Equity | Franklin Growth and Income VIP Fund - Class 1 - Franklin Advisers, Inc.<sup>(1)</sup> | 0.59% | 18.49% | 9.93% | 9.59% |
| Allocation | Franklin Income VIP Fund - Class 1 - Franklin Advisers, Inc.<sup>(1)</sup> | 0.47% | 7.46% | 5.55% | 5.53% |
| Taxable Bond | Goldman Sachs VIT Core Fixed Income Fund - Institutional Class<sup>(1)</sup> | 0.42% | 1.24% | -0.16% | 1.44% |
| U.S. Equity | Goldman Sachs VIT Mid Cap Value Fund - Institutional Class<sup>(1)</sup> | 0.82% | 12.36% | 9.85% | 7.98% |
| U.S. Equity | Invesco<sup>®</sup> V.I. Diversified Dividend Fund - Series I | 0.68% | 13.22% | 7.64% | 7.83% |
| International <br>Equity | Invesco<sup>®</sup> V.I. Global Fund - Series I | 0.81% | 16.07% | 9.48% | 9.85% |

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[**TABLE OF CONTENTS**](#TOCtm2516261d4_sovuliiisp)

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Asset<br>Allocation <br>Type** |  ***Fund- Investment Adviser; <br>Sub-Adviser(s), as applicable*** | **Current <br>Expenses** | **Average Annual Total Returns <br>*(as of 12/31/2024)*** | **Average Annual Total Returns <br>*(as of 12/31/2024)*** | **Average Annual Total Returns <br>*(as of 12/31/2024)*** |
| **Asset<br>Allocation <br>Type** |  ***Fund- Investment Adviser; <br>Sub-Adviser(s), as applicable*** | **Current <br>Expenses** | **1 Year**  | **5 Year**  | **10 Year**  |
| Money Market | Invesco<sup>®</sup> V.I. U.S. Government Money Portfolio - Series I  | 0.66% | 4.63% | 2.11% | 1.40% |
| Taxable Bond | Lord Abbett Series Fund - Bond Debenture Portfolio - Class VC | 0.99% | 6.72% | 1.90% | 3.73% |
| U.S. Equity | Lord Abbett Series Fund - Dividend Growth Portfolio - Class VC  | 0.99% | 22.14% | 12.23% | 11.16% |
| Taxable Bond | PIMCO VIT International Bond Portfolio (U.S. Dollar-Hedged) - Institutional Class | 0.86% | 5.62% | 1.50% | 2.67% |
| Taxable Bond | PIMCO VIT Short-Term Portfolio - Institutional Class | 0.47% | 6.21% | 2.92% | 2.55% |
| Taxable Bond | PIMCO VIT Total Return Portfolio - Institutional Class | 0.64% | 2.69% | 0.12% | 1.69% |
| U.S. Equity | Putnam VT Sustainable Leaders Fund - Class IA - Putnam Investment Management, LLC; *Franklin Templeton Investment Management Limited*; *Franklin Advisers, Inc.*  | 0.63% | 23.33% | 14.00% | 13.78% |
| U.S. Equity | Royce Capital Small-Cap Portfolio - Investment Class  | 1.14% | 3.40% | 7.18% | 5.63% |
| International <br>Equity | Templeton Developing Markets VIP Fund - Class 1 - Franklin Templeton Investment Management, Ltd<sup>(1)</sup> | 1.11% | 7.98% | 1.13% | 4.24% |
| Allocation | TOPS<sup>®</sup> Aggressive Growth ETF Portfolio - Class 1 - Milliman Financial Risk Management LLC | 0.29% | 12.21% | 8.51% | 8.40% |
| Allocation | TOPS<sup>®</sup> Conservative ETF Portfolio - Class 1 - Milliman Financial Risk Management LLC | 0.31% | 6.22% | 4.00% | 4.03% |
| Allocation | TOPS<sup>®</sup> Growth ETF Portfolio - Class 1 - Milliman Financial Risk Management LLC | 0.30% | 11.09% | 7.65% | 7.52% |
| Allocation | TOPS<sup>®</sup> Moderate Growth ETF Portfolio - Class 1 - Milliman Financial Risk Management LLC | 0.29% | 8.99% | 6.32% | 6.38% |
| U.S. Equity | Vanguard<sup>®</sup> VIF Capital Growth Portfolio | 0.34% | 13.41% | 11.86% | 12.37% |
| U.S. Equity | Vanguard<sup>®</sup> VIF Equity Income Portfolio | 0.29% | 15.12% | 9.85% | 9.89% |
| International <br>Equity | Vanguard<sup>®</sup> VIF International Portfolio | 0.33% | 9.01% | 6.27% | 8.40% |
| Sector Equity | Vanguard<sup>®</sup> VIF Real Estate Index Portfolio | 0.26% | 4.74% | 2.84% | 4.99% |
| Taxable Bond | Vanguard<sup>®</sup> VIF Short-Term Investment-Grade Portfolio | 0.14% | 4.89% | 1.97% | 2.24% |

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<sup>(1)</sup> <br>

*&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; These Funds and their investment advisers have entered into contractual fee waivers or expense reimbursement arrangements. These temporary fee reductions are reflected in their annual expenses. Those contractual arrangements are designed to reduce total annual Fund operating expenses for Policy Owners and will continue past the current year.*

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[**TABLE OF CONTENTS**](#TOCtm2516261d4_sovuliiisp)

#### SUMMARY PROSPECTUS BACK COVER
This Summary Prospectus incorporates by reference the prospectus for the Policy and the Statement of Additional Information ("SAI"), both dated May 1, 2025, as amended or supplemented. The SAI may be obtained, free of charge, in the same manner as the statutory prospectus.

EDGAR Contract Identifier: C000214950

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## Exhibit 99.32

**Exhibit 99.32**

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| &nbsp;&nbsp;![GRAPHIC](tm2516261d4_ex99-32img001.jpg) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1 Except as otherwise indicated, chart does not reflect less than 50% ownership interests 2 Insurance company 3 Pages 5-7 contain a list of Protective Life Corporation's subsidiaries 4 The voting rights pertaining to The Dai-ichi Life Research Institute Inc. are split among other affiliates of Dai-ichi Life Holdings, Inc. as follows: ● DAI-ICHI SEIMEI CARD SERVICE Co., LTD. – 9.58% ● NIHON BUSSAN CO., LTD. – 8.75% As such, the Dai-ichi group owns 100% of the voting rights pertaining to The Dai-ichi Life Research Institute Inc. 5 The voting rights pertaining to Dai-ichi Life Realty Asset Management Co., Ltd. are split between one of its affiliates of Dai-ichi Life Holdings, Inc. as follows: ● SOHGO HOUSING CO., Ltd. – 30%. As such, the Dai-ichi group owns 100% of the voting rights pertaining to Dai-ichi Life Realty Asset Management Co., Ltd. 6 The voting rights pertaining to SOHGO HOUSING CO., Ltd. are split between one of its affiliates of Dai-ichi Life Holdings, Inc. as follows: ● The Dai-ichi Building Co., Ltd. – 14.5%. As such, the Dai-ichi group owns 100% of the voting rights pertaining to SOGHO HOUSING CO., Ltd. 7 The voting rights pertaining to O.M. Building Management Inc. are split between one of its affiliates of Dai-ichi Life Holdings, Inc. as follows: ● The Dai-ichi Life Insurance Company, Limited – 10%. As such, the Dai-ichi group owns 50% of the voting rights pertaining to O.M. Building Management Inc. 8 The voting rights pertaining to DAI-ICHI SEIMEI CARD SERVICE Co., LTD. Are split among the other affiliates of Dai-ichi Life Holdings, Inc. as follows: ● NIHON BUSSAN Co., LTD. – 20% As such, the Dai-ichi group owns 95% of the voting rights pertaining to DAI-ICHI SEIMEI CARD SERVICE Co., LTD. Dai-ichi Life Holdings, Inc.\* (Japan) (Ultimate Controlling Person) Organizational Chart of Dai-ichi Life Holdings, Inc. as of June 30, 2025 Dai-ichi Life International Holdings LLC (Japan) TAL Life Limited2 (Australia) Asset Management One Co., Ltd. (Japan) TAL Direct Pty Ltd. (Australia) TAL Services Limited (Australia) Asset Management One USA Inc. (USA) Dai-ichi Life Vietnam Fund Management Company Limited (Vietnam) The Dai-ichi Life Insurance Company, Limited2 (Japan) 1 49% Dai-ichi Life Insurance Company of Vietnam, Limited 2 (Vietnam) 81.67% International Life Solutions Proprietary Limited (South Africa) The Neo First Life Insurance Company, Limited 2 (Japan) Dai-ichi Life International (Europe) Limited (UK) DLI Asia Pacific Pte. Ltd. (Singapore) The Dai-ichi Life Research Institute Inc.4 (Japan) Star Union Dai-ichi Life Insurance Company Limited 2 (India) 36.84% 47.42% Lifebroker Pty Limited (Australia) DLI North America Inc. (USA) QOLead, Limited (Japan) Dai-ichi Life Realty Asset Management Co., Ltd.5 (Japan) 70% THE DAI-ICHI BUILDING CO., LTD. (Japan) Dai-ichi Life International Limited (Japan) Effissimo Capital Management Pte Ltd. ("Effissimo") and Effissimo's controlling persons Takashi Kousaka, Hisaaki Sato, and Yoichiro Imai are considered by the New York State Department of Financial Services, for New York insurance regulatory purposes only, to be controlling persons of MONY Life Insurance Company and Protective Life and Annuity Insurance Company. Based on the Statement of Changes to Large-Volume Holdings available on Electronic Disclosure for Investors' Network (EDINET) as of April 10, 2025, Effissimo, a non-affiliated asset management company, may be deemed the beneficial owner of 10.99% of the common stock of Dai-ichi Life Holdings, Inc. \* 99.9988% Dai-ichi Life Insurance (Cambodia) PLC.2 (Cambodia) SOHGO HOUSING CO., Ltd. 6 (Japan) 85.5% The Dai-ichi Life Techno Cross Co., Ltd. (Japan) TAL Dai-ichi Life Australia Pty Ltd (Australia) National Financial Solutions Pty Limited (Australia) TAL Australia Distribution Limited (Australia) O.M. Building Management Inc.7 (Japan) 40% Vertex Investment Solutions Co., Ltd. (Japan) TAL Life Insurance Services Limited2 (Australia) YuLife Holdings Ltd. (United Kingdom) 10.49% Partners Group Holdings Limited (New Zealand) Protective Life Corporation3 (USA) PT Panin Internasional (Indonesia) ipet Insurance Co., Ltd.2 (Japan) Topaz Capital, Inc. (Japan) 73.1670% Panin Dai-ichi Life2 (Indonesia) 95% Dai-ichi Life Reinsurance Bermuda Ltd. (Bermuda) The Dai-ichi Frontier Life Insurance Co., Ltd.2 (Japan) 49% 5% Benefit One Inc. (Japan) DL – Canyon Investments LLC (USA) 100% 0.0012% DAI-ICHI SEIMEI CARD SERVICE Co., LTD.8 (Japan) 75% Dai-ichi Life Insurance Myanmar Ltd.2 (Myanmar) |

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|:---|:---|
| &nbsp;&nbsp;![GRAPHIC](tm2516261d4_ex99-32img002.jpg) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dai-ichi Life Holdings, Inc. (Japan) (Ultimate Controlling Person) Partners Life Limited1 (New Zealand) Dai-ichi Life International Holdings LLC (Japan) Evince Limited (New Zealand) PGH SharePlan Trustee Limited (New Zealand) Organizational Chart of Dai-ichi Life Holdings, Inc. as of June 30, 2025 Partners Group Nominee Limited (New Zealand) Partners Group Holdings Limited (New Zealand) 1 insurance company Dai-ichi Life International Limited (Japan) 99.9988% 0.0012% 100% |

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| &nbsp;&nbsp;![GRAPHIC](tm2516261d4_ex99-32img003.jpg) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dai-ichi Life Holdings, Inc. (Japan) (Ultimate Controlling Person) Dai-ichi Life Challenged Co., Ltd. (Japan) 49% 80% 1 The voting rights pertaining to Corporate-pension Business Service Co., Ltd. are split among the other affiliates of Dai-ichi Life Holdings, Inc. as follows: ● The Dai-ichi Life Techno Cross Co., Ltd. – 1% As such, the Dai-ichi group owns 50% of the voting rights pertaining to Corporate-pension Business Service Co., Ltd. The Dai-ichi Life Insurance Company, Limited (Japan) A.F. BUILDING MANAGEMENT CO., LTD. (Japan) Dai-ichi Life Business Service Co., Ltd. (Japan) 100% Alpha Consulting Co., Ltd. (Japan) 100% Organizational Chart of Dai-ichi Life Holdings, Inc. as of June 30, 2025 Dai-ichi Smart Small-amount and Short-term Insurance Company, Limited (Japan) Asset Guardian co., ltd. (Japan) 100% 100% 100% Corporate-pension Business Service Co., Ltd. 1 (Japan) |

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| &nbsp;&nbsp;![GRAPHIC](tm2516261d4_ex99-32img004.jpg) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dai-ichi Life Holdings, Inc. (Japan) (Ultimate Controlling Person) Organizational Chart of Dai-ichi Life Holdings, Inc. as of June 30, 2025 Benefit One Inc. (Japan) BENEFIT ONE USA, INC. (USA) BENEFIT ONE INTERNATIONAL PTE. LTD. (Singapore) PT. BENEFIT ONE INDONESIA (Indonesia) REWARDZ BENEFITS SDN. BHD. (Malaysia) FLABULESS FZ LLC (UAE) REWARDZ PRIVATE LIMITED (Singapore) BENEFITONE ENGAGEMENT TECHNOLOGIES PRIVATE LIMITED (India) Rouken Publishing Co. Ltd. (Japan) BENEFIT ONE CONSULTING (SHANGHAI) INC. (China) 1% 61.5% 70% 99% 38.5% |

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| &nbsp;&nbsp;![GRAPHIC](tm2516261d4_ex99-32img005.jpg) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Protective Life Corporation (DE) TIN 95-2492236 Protective Life Insurance Company1 (NE) PLC owns 100% of stock TIN 63-0169720 NAIC 68136 1 insurance company West Coast Life Insurance Company1 (NE) PLICO owns 100% of stock TIN 94-0971150 NAIC 70335 Protective Life and Annuity Insurance Company1 (AL) (commercially domiciled – NY) PLC owns 100% of non-voting preferred stock PLICO owns 100% of voting stock TIN 63-0761690 NAIC 88536 MONY Life Insurance Company1 (NY) PLICO owns 100% of stock TIN 13-1632487 NAIC 66370 Organizational Chart of Dai-ichi Life Holdings as of June 30, 2025 Dai-ichi Life Holdings, Inc. (Japan) (Ultimate Controlling Person) Dai-ichi Life International Holdings LLC (Japan) ShelterPoint Group, Inc. (NY) PLICO owns 100% of stock TIN 11-2284016 ShelterPoint Life Insurance Company1 (NY) TIN 11-2284118 NAIC 81434 ShelterPoint Insurance Company.1 (FL) TIN 86-0367818 NAIC 89958 Dai-ichi Life International Limited (Japan) 99.9988% 0.0012% 100% 100% Protective ML Holdings 1, LLC (DE) PLICO owns 100% of membership interests TIN 33-4524758 Magnolia Re, Inc. (VT) PLICO owns 100% of stock TIN 39-2280797 |

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| &nbsp;&nbsp;![GRAPHIC](tm2516261d4_ex99-32img006.jpg) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Protective Life Corporation (DE) TIN 95-2492236 Protective Life Insurance Company1 (NE) PLC owns 100% of stock TIN 63-0169720 NAIC 68136 Protective Property & Casualty Insurance Company 1 (MO) PLICO owns 100% of stock TIN 43-1139865 NAIC 35769 Protective Asset Protection, Inc. (MO) (formerly Lyndon Insurance Group, Inc.) PLICO owns 100% of stock TIN 43-1802403 Asset Protection Financial, Inc. (MO) (formerly Lyndon Financial Corporation) PPCIC owns 100% of stock TIN 43-1819865 Western General Dealer Services, Inc. (CA) PAP owns 100% of stock TIN 47-0939814 Western General Warranty Corporation2 (FL) PAP owns 100% of stock TIN 59-3126230 First Protection Company (MN) PAP owns 100% of stock TIN 41-1703034 First Protection Corporation of Florida2 (FL) FPC owns 100% of stock TIN 41-1637611 Protective Administrative Services, Inc. (MO) PAP owns 100% of stock TIN 43-1724227 Warranty Business Services Corporation (MO) PAP owns 100% of stock TIN 43-1142677 1 insurance company 2 specialty insurer USWC Holding Company (USWC) (FL) PLICO owns 100% of stock TIN 20-8645816 New World Warranty Corp.2 (FL) USWC owns 100% of stock TIN 20-8639268 USWC Installment Program, Inc. (FL) USWC owns 100% of stock TIN 20-8646196 United States Warranty Corp.2 (FL) USWC owns 100% of stock TIN 59-1651866 Western Diversified Services, Inc. (IL) PLICO owns 100% of stock TIN 36-2600350 The Advantage Warranty Corporation2 (FL) WDS owns 100% of stock TIN 36-3445516 Organizational Chart of Dai-ichi Life Holdings, Inc., as of June 30, 2025 Dai-ichi Life Holdings, Inc. (Japan) (Ultimate Controlling Person) Dai-ichi Life International Holdings LLC (Japan) Atlas Peak Insurance Company, Ltd.1 (Turks & Caicos) PLICO owns 100% of stock TIN 98-0137725 A.U.L. Corp. (NV) PLICO owns 100% of stock TIN 68-0300949 Wisconsin A.U.L., Inc. (CA) A.U.L. Corp. owns 100% of stock TIN 68-0440623 AUL Insurance Agency, Inc. (CA) A.U.L. Corp. owns 100% of stock TIN 68-0406407 Dai-ichi Life International Limited (Japan) 100% 99.9988% 0.0012% 100% |

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| &nbsp;&nbsp;![GRAPHIC](tm2516261d4_ex99-32img007.jpg) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Protective Life Corporation (DE) TIN 95-2492236 1 registered investment adviser 2 Florida specialty insurer 3 captive insurance company Investment Distributors, Inc. (TN) PLC owns 100% of stock TIN 63-1100710 Concourse Financial Group Securities, Inc.1 (AL) (formerly ProEquities, Inc.) PLC owns 100% of stock TIN 63-0879387 Protective Life Reinsurance Bermuda Ltd. (Bermuda) PLC owns 100% of stock TIN 98-1512479 Warranty Topco, Inc. (DE) PLC owns 100% of stock TIN 26-3854933 Empower Financial Resources, Inc. (DE) (formerly Financial Leadership Alliance, Inc.) PLC owns 100% of stock TIN 46-5331907 Organizational Chart of Dai-ichi Life Holdings, Inc. as of June 30, 2025 Interstate National Corporation (DE) Warranty Topco, Inc. owns 100% of stock TIN 20-4197367 D.R.G., Inc. d/b/a Payment Insured Plan (OR) Interstate National Corporation owns 100% of stock TIN 93-1160837 National Warranty Corp. (OR) Interstate National Corporation owns 100% of stock TIN 93-1198148 Interstate National Dealer Services, Inc. (DE) Interstate National Corporation owns 100% of stock TIN 11-3078398 PIPCO Reinsurance Company, Ltd. (Turks & Caicos) Interstate National Corporation owns 100% of stock TIN 98-0159153 Interstate National Dealer Services of Florida, Inc.2 (FL) INDS owns 100% of stock TIN 11-3284019 Warranty Direct, Inc. (DE) INDS owns 100% of stock TIN 11-3272124 Interstate Administrative Services, Inc. (DE) INDS owns 100% of stock TIN 20-1549705 LASAS Technologies, Inc. d/b/a RPM One (FL) INDS owns 100% of stock TIN 65-0868022 Dai-ichi Life Holdings, Inc. (Japan) (Ultimate Controlling Person) Dai-ichi Life International Holdings LLC (Japan) Golden Gate Captive Insurance Company3 (VT) PLC owns 100% of stock TIN 63-1191165 NAIC 60234 Concourse Distributors, Inc. (AL) PLC owns 100% of stock TIN 33-1396088 Chesterfield International Reinsurance Limited (Nevis) PLC owns 100% of stock TIN 98-0458684 Dealer Services Reinsurance, Ltd. (Bermuda) PLC owns 100% of stock TIN 98-0199455 First Protection Corporation (MN) PLC owns 100% of stock TIN 41-1368934 Dai-ichi Life International Limited (Japan) 100% 99.9988% 0.0012% 100% |

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