# EDGAR Filing Document

**Accession Number:** 0000860516
**File Stem:** 0001104659-26-051735
**Filing Date:** 2026-4
**Character Count:** 25069
**Document Hash:** 911dba4b630b2605dd08894b511b6f6c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-26-051735.hdr.sgml**: 20260429

**ACCESSION NUMBER**: 0001104659-26-051735

**CONFORMED SUBMISSION TYPE**: 497VPU

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20260429

**DATE AS OF CHANGE**: 20260429

**EFFECTIVENESS DATE**: 20260429

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FIRST INVESTORS LIFE VARIABLE ANNUITY FUND C
- **CENTRAL INDEX KEY:** 0000860516

**ORGANIZATION NAME:**
- **EIN:** 131968606
- **STATE OF INCORPORATION:** CT
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 497VPU
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-239740
- **FILM NUMBER:** 26918001

**BUSINESS ADDRESS:**
- **STREET 1:** ONE AMERICAN ROW
- **STREET 2:** 10TH FLOOR
- **CITY:** HARTFORD
- **STATE:** CT
- **ZIP:** 06102
- **BUSINESS PHONE:** 8604036461

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

## Series and Classes Contracts Data

### FIRST INVESTORS LIFE VARIABLE ANNUITY FUND C (Series ID: S000011067)

| Class ID   | Class Name         | Ticker Symbol   |
|:---|:---|:---|
| C000221949 | First Choice (NNY) |  |

##### [**Table of Contents**](#toc)
 **May 1, 2026** 

**First Choice** 

An Individual Flexible Premium

Deferred Variable Annuity Contract

Issued by: Nassau Life Insurance Company

**UPDATING SUMMARY PROSPECTUS** 

This Updating Summary Prospectus provides updated information about First Choice, an individual flexible premium variable deferred annuity contract (the "Contract").

The prospectus for the Contract contains more information about the Contract, including its features, benefits, and risks. You can find the current prospectus and other information about the Contract online at https://nassau.onlineprospectus.net/Nassau/Products/index.html. You can also obtain this information at no cost by calling 1-800-832-7783 or by sending an email request to customer_contact_center@nfg.com.

Additional information about certain investment products, including variable annuities, has been prepared by the Securities and Exchange Commission's staff and is available at *Investor.gov.*

The Contract is a complex investment and involves risks, including potential loss of the principal amount invested. The Contract is not a short term investment and is not appropriate for an investor who needs ready access to cash. Withdrawals could result in surrender charges, taxes, and tax penalties, as applicable. Our obligations under the Contract are subject to Our financial strength and claims-paying ability.

##### [**Table of Contents**](#toc)
**TABLE OF CONTENTS** 

---

| | |
|:---|:---|
|  [Glossary](#sumpro473336_1tm2427492d2_covtocglossary)  | 3 |
|  [Updated Information About Your Contract](#sumpro473336_2tm2427492d2_covtocglossary)  | 3 |
|  [Important Information You Should Consider About The Contract](#a_011)  | 4 |
|  [Appendix A: Investment Options Available Under the Contract](#a_004)  | A-1 |

---

##### [**Table of Contents**](#toc)
**GLOSSARY** 

The following are defined terms used in this Updating Summary Prospectus:

**Accumulation Value –** The Accumulation Value is equal to the sum of the value in each of the Subaccounts to which You have allocated value under the Contract plus the value of your Contract allocated to the Fixed Account.

**Contract –** The individual flexible premium variable deferred annuity contract for which this summary prospectus provides updated information.

**Fixed Account –** A fixed interest investment option under the Contract.

 **Fund –** A mutual fund underlying a Subaccount.

**NNY, Us, We, Our or Company –** Nassau Life Insurance Company

**Purchase Payment –** A payment made initially to purchase a Contract or as an additional contribution to a Contract (less any charges).

**Subaccount –** A segregated investment subaccount under First Investors Life Variable Annuity Fund C, the separate account of NNY that supports the Contract. Each Subaccount invests in the shares of a single Fund.

**You or Your –** A Contractowner who is reading this prospectus.

**UPDATED INFORMATION ABOUT YOUR CONTRACT** 

 **There have been no changes to the features of the Contract since the prospectus dated May 1, 2025. This does not reflect all of the changes that may have occurred since You entered into Your Contract.**

**[**Table of Contents**](#toc)**

**IMPORTANT INFORMATION YOU SHOULD CONSIDER ABOUT THE CONTRACT**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**FEES, EXPENSES, AND ADJUSTMENTS** | &nbsp;&nbsp;**FEES, EXPENSES, AND ADJUSTMENTS** | &nbsp;&nbsp;**FEES, EXPENSES, AND ADJUSTMENTS** | &nbsp;&nbsp;**FEES, EXPENSES, AND ADJUSTMENTS** | &nbsp;&nbsp;**FEES, EXPENSES, AND ADJUSTMENTS** | &nbsp;&nbsp;**LOCATION IN**<br> **PROSPECTUS** |
| &nbsp;&nbsp;**Are There Charges or Adjustments for Early Withdrawals?** | &nbsp;&nbsp;**Yes.** | &nbsp;&nbsp;If You withdraw money from Your Contract, You may be assessed a surrender charge. The maximum surrender charge is 8% as a percentage of Purchase Payments withdrawn, and a surrender charge applies during the first eight years after a Purchase Payment was made.<br> For example, if You withdraw a $100,000 Purchase Payment during the first year that the Purchase Payment was made, You could be assessed a charge of up to $8,000 on the Purchase Payment being withdrawn. This loss will be greater if there are taxes or tax penalties. | &nbsp;&nbsp;If You withdraw money from Your Contract, You may be assessed a surrender charge. The maximum surrender charge is 8% as a percentage of Purchase Payments withdrawn, and a surrender charge applies during the first eight years after a Purchase Payment was made.<br> For example, if You withdraw a $100,000 Purchase Payment during the first year that the Purchase Payment was made, You could be assessed a charge of up to $8,000 on the Purchase Payment being withdrawn. This loss will be greater if there are taxes or tax penalties. | &nbsp;&nbsp;If You withdraw money from Your Contract, You may be assessed a surrender charge. The maximum surrender charge is 8% as a percentage of Purchase Payments withdrawn, and a surrender charge applies during the first eight years after a Purchase Payment was made.<br> For example, if You withdraw a $100,000 Purchase Payment during the first year that the Purchase Payment was made, You could be assessed a charge of up to $8,000 on the Purchase Payment being withdrawn. This loss will be greater if there are taxes or tax penalties. | &nbsp;&nbsp;**[Fee Table;](#a_001)**<br> **[Financial Information - Contract Expenses](#a_002)—[Surrender Charges](#a_003)**  |
| &nbsp;&nbsp;**Are There Transaction Charges?** | &nbsp;&nbsp;**Yes.** | &nbsp;&nbsp;In addition to surrender charges, We reserve the right to impose a charge for use of the Systematic Transfer Option or the Automatic Subaccount Reallocation Option. Currently, We are not imposing a charge for those services. | &nbsp;&nbsp;In addition to surrender charges, We reserve the right to impose a charge for use of the Systematic Transfer Option or the Automatic Subaccount Reallocation Option. Currently, We are not imposing a charge for those services. | &nbsp;&nbsp;In addition to surrender charges, We reserve the right to impose a charge for use of the Systematic Transfer Option or the Automatic Subaccount Reallocation Option. Currently, We are not imposing a charge for those services. | &nbsp;&nbsp;**[Fee Table;](#a_001)** <br> **[Financial Information - Contract Expenses](#a_002)** |
| &nbsp;&nbsp;**Are There Ongoing Fees and Expenses?** | &nbsp;&nbsp;**Yes.** | &nbsp;&nbsp;The table below describes the fees and expenses that You may pay *each year*, depending on the investment options You choose. Please refer to Your Contract specifications page for information about the specific fees You will pay each year based on the options You have elected. | &nbsp;&nbsp;The table below describes the fees and expenses that You may pay *each year*, depending on the investment options You choose. Please refer to Your Contract specifications page for information about the specific fees You will pay each year based on the options You have elected. | &nbsp;&nbsp;The table below describes the fees and expenses that You may pay *each year*, depending on the investment options You choose. Please refer to Your Contract specifications page for information about the specific fees You will pay each year based on the options You have elected. | &nbsp;&nbsp;**[Fee Table;](#a_001)** <br> **[Financial Information - Contract Expenses;](#a_002)**<br> **[Appendix A: Investment Options Available Under the Contract](#a_004)** |
|  |  | &nbsp;&nbsp;**Annual Fee** | &nbsp;&nbsp;**Minimum** | &nbsp;&nbsp;**Maximum** |  |
|  |  | &nbsp;&nbsp;Base contract | &nbsp;&nbsp;1.03%<sup>(1)</sup> | &nbsp;&nbsp;1.03%<sup>(1)</sup> |  |
|  |  | &nbsp;&nbsp;Fund fees and expenses | &nbsp;&nbsp;0.21%<sup>(2)</sup> | &nbsp;&nbsp;1.35%<sup>(2)</sup> |  |

---

---

| | |
|:---|:---|
| &nbsp;&nbsp;*(1)* As a percentage of daily average Accumulation Value in the Separate Account, plus the effect of the annual Contract charge.<br> *(2)* As a percentage of underlying Fund assets. Fund fees are as of 12/31/2025. Fund fees can vary from year to year. | &nbsp;&nbsp;*(1)* As a percentage of daily average Accumulation Value in the Separate Account, plus the effect of the annual Contract charge.<br> *(2)* As a percentage of underlying Fund assets. Fund fees are as of 12/31/2025. Fund fees can vary from year to year. |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Because Your Contract is customizable, the choices You make affect how much You will pay. To help You understand the cost of owning Your Contract, the following table shows the lowest and highest cost You could pay *each year*, based on current charges. This estimate assumes that You do not take withdrawals from the Contract**, which could add surrender charges that substantially increase costs.** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Because Your Contract is customizable, the choices You make affect how much You will pay. To help You understand the cost of owning Your Contract, the following table shows the lowest and highest cost You could pay *each year*, based on current charges. This estimate assumes that You do not take withdrawals from the Contract**, which could add surrender charges that substantially increase costs.** |
| **Lowest Annual Cost:** | **Highest Annual Cost:** |
| $1177 | $2144 |
| &nbsp;&nbsp;Assumes:<br> ● Investment of $100,000<br>● 5% annual appreciation<br>● Least expensive Fund fees and expenses<br>● No sales charges<br>● No additional Purchase Payments, transfers, or withdrawals | &nbsp;&nbsp;Assumes:<br> ● Investment of $100,000<br>● 5% annual appreciation<br>● Most expensive Fund fees and expenses<br>● No sales charges<br>● No additional Purchase Payments, transfers, or withdrawals |

---

[**Table of Contents**](#toc)

---

| | | | |
|:---|:---|:---|:---|
| **RISKS** | **RISKS** | **RISKS** | **LOCATION IN**<br> **PROSPECTUS** |
| **Is There a Risk of Loss from Poor Performance?** | **Yes.** | You can lose money by investing in this Contract. | [**Principal Risks of Investing in the Contract**](#a_005)<br>|
| **Is This a Short Term Investment?** | **No.** | ● This Contract is not designed for short-term investing and is not appropriate for an investor who needs ready access to cash.<br>● Amounts withdrawn from the Contract may result in surrender charges, taxes, and tax penalties.<br>● A Purchase Payment being withdrawn is subject to a surrender charge, until several years have passed since the Purchase Payment was made.<br>● Surrender charges will reduce the value of Your Contract if You withdraw money during the surrender charge period.<br>● The benefits of tax deferral also mean the Contract is more beneficial to investors with a long time horizon.<br>| [**Principal Risks of Investing in the Contract**](#a_005) |
| **What are the Risks Associated with the Investment Options?** |  | ● An investment in this Contract is subject to the risk of poor investment performance and can vary depending on the performance of the Funds available under the Contract.<br>● Each investment option (including the Fixed Account) will have its own unique risks, and You should review the available investment options before making an investment decision.<br>| [Principal Risks of Investing in the Contract;](#a_005)[Appendix A: Investment Options Available Under the Contract](#a_004)<br>|
| **What are the Risks Related to the Insurance Company?** |  | An investment in the Contract is subject to the risks related to NNY, including that any obligations (including under the Fixed Account), guarantees, or benefits are subject to the claims-paying ability of NNY. More information about NNY, including its financial strength ratings, is available at www.nfg.com. | [**Principal Risks of Investing in the Contract**](#a_005) |
| **RESTRICTIONS** | **RESTRICTIONS** | **RESTRICTIONS** | **LOCATION IN**<br> **PROSPECTUS** |
| **Are There Restrictions on the Investment Options?** | **Yes.** | ● NNY reserves the right to remove or substitute Funds available under the Contract.<br>● There is a limit of six transfers between two or more Subaccounts in any 12-month period.<br>● Only one transfer either to or from the Fixed Account is allowed in any 12-month period and transfers from the Fixed Account are subject to significant restrictions.<br>● You may not allocate more than 50% of Your Purchase Payments to the Fixed Account.<br>● We reserve the right to limit transfers if frequent or large transfers occur.<br>● The availability of investment options may vary depending on the broker-dealer through which Your Contract was purchased. | [**Nassau Life, The Separate Account, the Fixed Account and the Subaccounts -- Policies on Frequent Reallocation Among Subaccounts;**](#a_007)<br>**[Appendix B: Financial Intermediary Variations](#m_001)** |
| **Are There Any Restrictions on Contract Benefits?** | **Yes.** | ● Withdrawals may significantly reduce the death benefit, and the reduction may be greater than the amount withdrawn.<br>● Except as otherwise provided, benefits may not be modified or terminated by Us.<br>● The availability of Contract benefits may vary depending on the broker-dealer through which Your Contract was purchased. | **[Benefits Available Under the Contract;](#a_023)**<br>[**Appendix B: Financial Intermediary Variations**](#m_001) |

---

[**Table of Contents**](#toc)

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**TAXES** | &nbsp;&nbsp;&nbsp;**TAXES** | **LOCATION IN**<br> **PROSPECTUS** |
| &nbsp;&nbsp;&nbsp;**What Are the Contract's Tax Implications?** | ● You should consult with a tax professional to determine the tax implications of an investment in and payments received under the Contract.<br>● If You purchase the Contract through an individual retirement account (IRA) or qualified retirement plan, You do not receive any additional tax benefit.<br>● Earnings on Your Contract are taxed at ordinary income tax rates when You withdraw them, and You may have to pay a penalty if You take a withdrawal before age 59½. | **[Federal Tax Information](#a_008)** |
| &nbsp;&nbsp;&nbsp;**CONFLICTS OF INTEREST** | &nbsp;&nbsp;&nbsp;**CONFLICTS OF INTEREST** | **LOCATION IN <br> PROSPECTUS** |
| &nbsp;&nbsp;&nbsp;**How Are Investment Professionals Compensated?** | To compensate those who have sold or service a Contract, We generally pay compensation as a percentage of Purchase Payments invested in the Contract. We also may pay periodic, asset-based compensation in all or some years based on all or a portion of the Contract value. To the extent permitted by FINRA rules, overrides and promotional incentives or cash and non-cash payments also may be provided to the broker-dealer through which a Contract has been sold, based on sales volumes, the assumption of wholesaling functions, or other sales-related criteria. Additional payments may be made for other services not directly related to the sale of the Contract, including the recruitment and training of personnel, production of promotional literature and similar services.<br>The existence of these compensation arrangements can create a conflict of interest that potentially could influence a registered representative to recommend this Contract over another investment. Currently, We do not offer this Contract for new sales. | **[Distribution of the Contract](#a_009)** |
| &nbsp;&nbsp;&nbsp;**Should I Exchange My Contract?** | As a general matter, some investment professionals could have a financial incentive to offer You this Contract in place of another contract You currently own. Similarly, some investment professionals may have a financial incentive to offer you a new contract in place of this one. You should only exchange a contract if You determine, after comparing the features, fees, and risks of both contracts, and any fees or penalties to terminate the existing contract, that it is better for You to purchase the new contract rather than continue to own Your existing contract. Currently, We do not offer this Contract for new sales, and thus would not offer this Contract in connection with such a replacement transaction. | **[Distribution of the Contract](#a_009)** |

---

**[**Table of Contents**](#toc)**

**APPENDIX A: Investment Options Available Under the Contract**

**Variable Options**

The following is a list of underlying Funds available under the Contract. More information about the underlying Funds is available in the prospectuses for the Funds, which may be amended from time to time and can be found online at **https://nassau.onlineprospectus.net/Nassau/Products/index.html**. You can also request this information at no cost by calling 1-800-832-7783 or by sending an email request to customer_contact_center@nfg.com.

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

The availability of variable investment options may vary depending on the broker-dealer through which Your Contract was purchased. See Appendix B: Financial Intermediary Variations in the prospectus for more information.

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Type/Investment Objective** | &nbsp;&nbsp;**Current<br> Expenses** | &nbsp;&nbsp;**Average Annual Total Returns<br> (as of 12/31/2025)** | &nbsp;&nbsp;**Average Annual Total Returns<br> (as of 12/31/2025)** | &nbsp;&nbsp;**Average Annual Total Returns<br> (as of 12/31/2025)** |
| &nbsp;&nbsp;**Type/Investment Objective** | &nbsp;&nbsp;**Current<br> Expenses** | &nbsp;&nbsp;**1 Year** | &nbsp;&nbsp;**5 Years** | &nbsp;&nbsp;**10 Years** |
| &nbsp;&nbsp;Seeks current income consistent with low volatility of principal. &nbsp;&nbsp;Nomura VIP Limited Duration Bond Series (Standard)<sup>1</sup> - Delaware Management Company, a series of Nomura Investment Management Business Trust | &nbsp;&nbsp;0.53%<sup>\*</sup> | &nbsp;&nbsp;5.07% | &nbsp;&nbsp;1.87% | &nbsp;&nbsp;1.89% |
| &nbsp;&nbsp;Seeks to provide sustainable current income with potential for capital appreciation with moderate investment risk. &nbsp;&nbsp;Nomura VIP Total Return Series (Standard)<sup>2</sup> - Delaware Management Company, a series of Nomura Investment Management Business Trust<br>*Macquarie Investment Management Global Limited* | &nbsp;&nbsp;0.76%<sup>\*</sup> | &nbsp;&nbsp;12.97% | &nbsp;&nbsp;7.97% | &nbsp;&nbsp;6.83% |
| &nbsp;&nbsp;Seeks to provide capital growth and appreciation. &nbsp;&nbsp;Nomura VIP International Core Equity Series (Standard)<sup>3</sup> - Delaware Management Company, a series of Nomura Investment Management Business Trust | &nbsp;&nbsp;0.86%<sup>\*</sup> | &nbsp;&nbsp;24.55% | &nbsp;&nbsp;N/A | &nbsp;&nbsp;N/A |
| &nbsp;&nbsp;Seeks long-term capital growth. &nbsp;&nbsp;Nomura VIP Opportunity Series (Standard)<sup>4</sup> - Delaware Management Company, a series of Nomura Investment Management Business Trust | &nbsp;&nbsp;0.83%<sup>\*</sup> | &nbsp;&nbsp;8.81% | &nbsp;&nbsp;9.04% | &nbsp;&nbsp;9.25% |
| &nbsp;&nbsp;Seeks high current income. &nbsp;&nbsp;Nomura VIP Fund for Income Series (Standard)<sup>5</sup> - Delaware Management Company, a series of Nomura Investment Management Business Trust<br>*Nomura Corporate Research and Asset Management Inc.* | &nbsp;&nbsp;0.75%<sup>\*</sup> | &nbsp;&nbsp;9.15% | &nbsp;&nbsp;4.20% | &nbsp;&nbsp;5.63% |
| &nbsp;&nbsp;Seeks to generate a maximum level of income consistent with investment primarily in investment grade debt securities. &nbsp;&nbsp;Nomura VIP Investment Grade Series (Standard)<sup>6</sup> - Delaware Management Company, a series of Nomura Investment Management Business Trust | &nbsp;&nbsp;0.61%<sup>\*</sup> | &nbsp;&nbsp;6.75% | &nbsp;&nbsp;-0.56% | &nbsp;&nbsp;2.78% |
| &nbsp;&nbsp;Seeks capital appreciation. &nbsp;&nbsp;Nomura VIP Small Cap Value Series (Standard)<sup>7</sup> - Delaware Management Company, a series of Nomura Investment Management Business Trust | &nbsp;&nbsp;0.74% | &nbsp;&nbsp;8.16% | &nbsp;&nbsp;9.26% | &nbsp;&nbsp;9.15% |
| &nbsp;&nbsp;Seeks long-term growth of capital. &nbsp;&nbsp;Nomura VIP Growth Equity Series (Standard)<sup>8</sup> - Delaware Management Company, a series of Nomura Investment Management Business Trust | &nbsp;&nbsp;0.79% | &nbsp;&nbsp;8.72% | &nbsp;&nbsp;13.67% | &nbsp;&nbsp;15.05% |

---

[**Table of Contents**](#toc)

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Type/Investment Objective** | &nbsp;&nbsp;**Fund - Investment Advisor<br> *Sub-Adviser(s)*** | &nbsp;&nbsp;**Average Annual Total Returns<br> (as of 12/31/2025)** | &nbsp;&nbsp;**Average Annual Total Returns<br> (as of 12/31/2025)** | &nbsp;&nbsp;**Average Annual Total Returns<br> (as of 12/31/2025)** |
| &nbsp;&nbsp;**Type/Investment Objective** | &nbsp;&nbsp;**Fund - Investment Advisor<br> *Sub-Adviser(s)*** | &nbsp;&nbsp;**1 Year** | &nbsp;&nbsp;**5 Years** | &nbsp;&nbsp;**10 Years** |
| &nbsp;&nbsp;Seeks to provide sustainable current income with potential for capital appreciation with moderate investment risk. | &nbsp;&nbsp;Nomura VIP Growth and Income Series (Standard)<sup>9</sup> - Delaware Management Company, a series of Nomura Investment Management Business Trust<br>*Macquarie Investment Management Global Limited* &nbsp;&nbsp;0.76%<sup>\*</sup> | &nbsp;&nbsp;29.23% | &nbsp;&nbsp;16.22% | &nbsp;&nbsp;11.96% |
| &nbsp;&nbsp;Seeks to maximize current income to the extent consistent with the preservation of capital and the maintenance of liquidity by investing in high quality money market instruments. | &nbsp;&nbsp;Goldman Sachs VIT Government Money Mkt Fund (Institutional) - Goldman Sachs Asset Management, L.P. &nbsp;&nbsp;0.18%<sup>\*</sup> | &nbsp;&nbsp;4.20% | &nbsp;&nbsp;3.18% | &nbsp;&nbsp;2.11% |

---

\* This Fund's annual expenses reflect temporary fee reductions.

<sup>1</sup> Formerly known as Macquarie VIP Limited Duration Bond Series.

<sup>2</sup> Formerly known as Macquarie VIP Total Return Series.

<sup>3</sup> Formerly known as Macquarie VIP International Core Equity Series.

<sup>4</sup> Formerly known as Macquarie VIP Opportunity Series.

<sup>5</sup> Formerly known as Macquarie VIP Fund for Income Series.

<sup>6</sup> Formerly known as Macquarie VIP Investment Grade Series.

<sup>7</sup> Formerly known as Macquarie VIP Small Cap Value Series.

<sup>8</sup> Formerly known as Macquarie VIP Growth Equity Series.

<sup>9</sup> Formerly known as Macquarie VIP Growth and Income Series.

**Fixed Options**

The following is a list of fixed options currently available under the Contract. Except as otherwise provided under the Contract, We may change the features of the fixed option listed below, offer new fixed options, and terminate existing fixed options. We will provide You with written notice before doing so. See "Nassau Life, The Separate Account, the Fixed Account and the Subaccounts – The Fixed Account" in the prospectus for more information about the available fixed option.

The availability of a fixed option may vary depending on the broker-dealer through which Your Contract was purchased. See Appendix B: Financial Intermediary Variations in the prospectus for more information.

---

| | |
|:---|:---|
| **Name** | **Minimum Guaranteed Interest Rate** |
| Fixed Account | 1% |

---

##### [**Table of Contents**](#toc)
This summary prospectus incorporates by reference the prospectus and statement of additional information (SAI) for the Contract, both dated May 1, 2026, as may be amended or supplemented from time to time. The SAI may be obtained free of charge in the same manner as the prospectus.

EDGAR Contract Identifier: *C000221949*