# EDGAR Filing Document

**Accession Number:** 0000914245
**File Stem:** 0001104659-26-046770
**Filing Date:** 2026-4
**Character Count:** 45282
**Document Hash:** abd499f35c64d1735a131b2773086598
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-26-046770.hdr.sgml**: 20260422

**ACCESSION NUMBER**: 0001104659-26-046770

**CONFORMED SUBMISSION TYPE**: 497VPU

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20260422

**DATE AS OF CHANGE**: 20260422

**EFFECTIVENESS DATE**: 20260422

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PROTECTIVE VARIABLE ANNUITY SEPARATE ACCOUNT
- **CENTRAL INDEX KEY:** 0000914245

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** TN
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 497VPU
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-112892
- **FILM NUMBER:** 26883493

**BUSINESS ADDRESS:**
- **STREET 1:** 2801 HIGHWAY 280 SOUTH
- **CITY:** BIRMINGHAM
- **STATE:** AL
- **ZIP:** 35223
- **BUSINESS PHONE:** 2052683109

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

## Series and Classes Contracts Data

### PROTECTIVE VARIABLE ANNUITY SEPARATE ACCOUNT (Series ID: S000010308)

| Class ID   | Class Name       | Ticker Symbol   |
|:---|:---|:---|
| C000028510 | ProtectiveValues |  |

[**TABLE OF CONTENTS**](#TOCtm262739d2_497vpu)

#### Updating Summary Prospectus for Existing Investors

#### May 1, 2026

---

| | |
|:---|:---|
| ***ProtectiveValues Variable Annuity***  | *Protective Life Insurance Company <br>Protective Variable Annuity Separate Account <br>P.O. Box 10648 <br>Birmingham, Alabama 35202-0648 <br>Telephone: 1-800-456-6330 <br>www.protective.com*  |

---

This Updating Summary Prospectus describes the ProtectiveValues Variable Annuity Contract, a group and individual flexible premium deferred variable and fixed annuity contract (the "Contract"). You should read this Updating Summary Prospectus carefully, particularly the section titled Important Information You Should Consider About the Contract. The Contract is a complex investment and involves risks, including potential loss of principal. Withdrawals could result in surrender charges, taxes, and tax penalties.

The Prospectus for the ProtectiveValues 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 www.protective.com/productprospectus. You can also obtain this information at no cost by calling 1(800) 456-6330 or by sending an email request to prospectus@protective.com.

Additional information about certain investment products, including variable annuities, has been prepared by the SEC staff and is available at Investor.gov.

Protective Life Insurance Company's obligations under the Contract are subject to its financial strength and claims-paying ability.

The SEC has not approved or disapproved these securities or passed upon the adequacy of this Prospectus. Any representation to the contrary is a criminal offense.

------

[**TABLE OF CONTENTS**](#TOCtm262739d2_497vpu)

**TABLE OF CONTENTS**

---

| | |
|:---|:---|
| [SPECIAL TERMS](#idSPECIALTERM8687tm262739d2_497vpu)  | [3](#idSPECIALTERM8687tm262739d2_497vpu)  |
| [UPDATED INFORMATION ABOUT YOUR CONTRACT](#idUPDATEDINFO1421tm262739d2_497vpu)  | [4](#idUPDATEDINFO1421tm262739d2_497vpu)  |
|  [IMPORTANT INFORMATION YOU SHOULD CONSIDER ABOUT THE CONTRACT](#idIMPORTANTIN34049tm262739d2_497vpu)  | [4](#idIMPORTANTIN34049tm262739d2_497vpu)  |

---

 [APPENDIX: INVESTMENT OPTIONS AVAILABLE UNDER THE CONTRACT](#idAPPENDIXINV67517tm262739d2_497vpu)<sub>9</sub>

------

[**TABLE OF CONTENTS**](#TOCtm262739d2_497vpu)

#### 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 has been issued a Contract.

**Administrative Office** Protective Life Insurance Company, P.O. Box 10648, Birmingham, Alabama 35202-0648 (for Written Notice sent by U.S. postal service) or Protective Life Insurance Company, 2801 Highway 280 South, Birmingham, Alabama 35223 (for Written Notice sent by a nationally recognized overnight delivery service).

**Annual Withdrawal Amount or AWA** The maximum amount that may be withdrawn from the Contract under a SecurePay rider each Contract Year after the Benefit Election Date without reducing the Benefit Base.

**Benefit Election Date** The date you choose to start your SecurePay Withdrawals.

**Contract** The ProtectiveValues Variable Annuity, a flexible premium, deferred, variable and fixed annuity contract.

**Contract Value** Prior to the Annuity Commencement Date, the sum of the Variable Account value and the Guaranteed Account value.

**Contract Year** Any period of 12 months commencing with the Effective Date or any Contract Anniversary.

**Death Benefit** The amount we pay to the beneficiary if an Owner dies before the Annuity Commencement Date.

**Fund** Any investment portfolio in which a corresponding Sub-Account invests.

**Investment Option** Any account to which you may allocate Purchase Payments or transfer Contract Value under this Contract. The Investment Options are the Sub-Accounts of the Variable Account and the Guaranteed Account available in this Contract.

**Monthly Anniversary Day** The same day each month as the Effective Date, or the last day of any month that does not have the same day as the Effective Date.

**Net Amount at Risk** The value of the death benefit minus the Contract Value.

**Owner** The person or persons who own the Contract and are entitled to exercise all rights and privileges provided in the Contract.

**Purchase Payment** The amount(s) paid by the Owner and accepted by the Company as consideration for this Contract.

**Qualified Contracts** Contracts issued in connection with retirement plans that receive favorable tax treatment under Sections 401, 403,408, 408A or 457 of the Code.

**Qualified Plans** Retirement plans that receive favorable tax treatment under Sections 401, 403,408, 408A or 457 of the Code.

**Rider Issue Date** The date a SecurePay rider is issued.

**Sub-Account** A separate division of the Variable Account.

**Variable Account** The Protective Variable Annuity Separate Account, a separate investment account of Protective Life.

------

[**TABLE OF CONTENTS**](#TOCtm262739d2_497vpu)

#### UPDATED INFORMATION ABOUT YOUR CONTRACT
The information in this section of the Updating Summary Prospectus is a summary of certain Contract features that have changed since the Prospectus dated May 1, 2025. This may not reflect all of the changes that have occurred since you entered into your Contract.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Templeton Asset Management Ltd. was removed as the sub-adviser for the Templeton Growth VIP Fund.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; For updated Fund performance and fee information please see the APPENDIX: INVESTMENT OPTIONS AVAILABLE UNDER THE CONTRACT.

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

---

| | |
|:---|:---|
| **FEES, EXPENSES, AND ADJUSTMENTS** | **FEES, EXPENSES, AND ADJUSTMENTS** |
| **Are There Charges or Adjustments for Early Withdrawals?** | **Yes.** If you surrender or make a withdrawal from your Contract within seven (7) years following your last Purchase Payment and before the Annuity Date, you will be assessed a surrender charge of up to 7% on the amount of the withdrawal minus the annual free withdrawal amount. The surrender charge starts at 7% and declines to 0%.<br> For example, assume you purchased a Contract with a single Purchase Payment of $100,000 and surrendered the Contract during the first Contract Year. Your free withdrawal amount is $10,000 (10% x $100,000) and is not subject to a surrender charge. You will be assessed a surrender charge of up to $6,300 (7% x $90,000) on the remaining amount of your surrender request.<br> For additional information about charges for surrenders and early withdrawals, see "CHARGES AND DEDUCTIONS – Surrender Charge (Contingent Deferred Sales Charge)" and "FEE TABLE -- Transactions Expenses" in the Prospectus. |
| **Are There Transaction Charges?** | **Yes.** In addition to surrender charges, you may also be assessed a fee for each transfer after the first 12 transfers in a Contract Year, and a SecurePay Medical Evaluation Fee if you request an increase in the Annual Withdrawal Amount under a SecurePay rider. Currently, we do not assess a charge for transfers.<br> For additional information about transaction charges, see "FEE TABLE – Transaction Expenses" and "CHARGES AND DEDUCTIONS" in the Prospectus. |
| **Are There Ongoing Fees and Expenses (annual charges)?** | **Yes. The table below describes the fees and expenses that you may pay *each year*, depending on the 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.**  |

---

---

| | | |
|:---|:---|:---|
| **Annual Fee**  | **Minimum**  | **Maximum**  |
| Base contract: <sup>(1)</sup> | Base contract: <sup>(1)</sup> | Base contract: <sup>(1)</sup> |
| &nbsp;&nbsp;&nbsp; *Contracts Issued On or After 5/1/10* | 1.29% | 1.29% |
| &nbsp;&nbsp;&nbsp; *Contracts issued from 5/1/09 but Before 4/30/10* | 1.24% | 1.24% |
| &nbsp;&nbsp;&nbsp; *Contracts Issued Before 5/1/09* | 1.14% | 1.14% |
| Investment options (Fund fees and expenses) <sup>(2)</sup> | 0.34% | 2.575% |
| Optional benefits available for an additional charge |  |  |
| &nbsp;&nbsp;&nbsp; **CoverPay Fee** <sup>(3)</sup> |  |  |
| &nbsp;&nbsp;&nbsp; *For Contracts Issued On or After 5/1/09:*  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Maximum Anniversary Value Death Benefit | 0.20% | 0.20% |
| &nbsp;&nbsp;&nbsp; *For Contracts Issued On or After 7/1/05 But Before 5/1/09:*  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Maximum Anniversary Value Death Benefit | 0.30% | 0.30% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Return of Purchase Payments Death Benefit | 0.10% | 0.10% |
| &nbsp;&nbsp;&nbsp; *For Contracts Issued Before 7/1/05:*  |  | *N/A*  |
| &nbsp;&nbsp;&nbsp; **ValuPay Fee** <sup>(4)</sup> |  |  |
| &nbsp;&nbsp;&nbsp; *For Contracts Issue On or After 5/1/09:*  |  | *N/A*  |
| &nbsp;&nbsp;&nbsp; *For Contracts Issued On or After 7/1/05 But Before 5/1/09:*  |  |  |

---

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[**TABLE OF CONTENTS**](#TOCtm262739d2_497vpu)

---

| | | |
|:---|:---|:---|
| **Annual Fee**  | **Minimum**  | **Maximum**  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Return of Purchase Payments Death Benefit | Minimum: <br>(age 50 <br>or less)  | Maximum: <br>(age 95 <br>or more)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Return of Purchase Payments Death Benefit | $3.00 <br>($0.25 per month) | $227.28 <br>($18.94 per month) |
| &nbsp;&nbsp;&nbsp; *For Contracts Issued Before 7/1/05:*  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Return of Purchase Payments Death Benefit <sup>(5)</sup> | 0.15% | 0.15% |
| &nbsp;&nbsp;&nbsp; **Monthly SecurePay Fee** <sup>(6)</sup> |  |  |
| &nbsp;&nbsp;&nbsp; *SecurePay riders Issued On or After 5/1/09:*  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; SecurePay rider at time of Contract Purchase | 0.80% | 0.95% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; SecurePay rider under RightTime option | 0.90% | 0.95% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; SecurePay rider with SecurePay Advantage Benefit at time of Contract Purchase | 1.10% | 1.40% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; SecurePay rider with SecurePay Advantage Benefit under RightTime option | 1.20% | 1.60% |
| &nbsp;&nbsp;&nbsp; *SecurePay riders Issued Before 5/1/09:*  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; SecurePay rider at time of Contract Purchase | 0.80% | 0.95% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; SecurePay rider under RightTime option | 0.90% | 0.95% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; SecurePay rider with SecurePay R72 Benefit at time of Contract Purchase | 1.10% | 1.40% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; SecurePay rider with SecurePay R72 Benefit under RightTime option | 1.20% | 1.60% |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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>

*&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; We calculate the Base Contract fee by dividing the total amount we receive from the annual contract maintenance fee, the mortality and expense risk charge and the administration charge for the last fiscal year by the total average net assets attributable to the Contracts for that year.*

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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>(2)</sup> <br>

 *As a percentage of Fund assets.* 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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>(3)</sup> <br>

*&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; As an annualized percentage of the death benefit value on each Monthly Anniversary Date, beginning on the 1st Monthly Anniversary Date.*

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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>(4)</sup> <br>

*&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; As an annual dollar amount per $1,000 of Net Amount at Risk on each Monthly Anniversary Day, beginning on the 13th Monthly Anniversary Day.*

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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>(5)</sup> <br>

 *As an annualized percentage of average Contract Value on each Monthly Anniversary Day.* 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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>(6)</sup> <br>

*&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; As an annualized percentage of the Benefit Base. The SecurePay Fee is paid on each Monthly Anniversary Date beginning on the 1st Monthly Anniversary Date following election of the rider.*

Because your Contract is customizable, the options and benefits your choose 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: <br>$1,493**  | **Highest Annual Cost: <br>$5,187**  |
| Assumes: | Assumes: |
| &nbsp;&nbsp;&nbsp; • &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investment of $100,000 <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; 5% annual appreciation<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; Least expensive combination of Fund fees and expenses<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; No optional benefits<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; No additional Purchase Payments, transfers or withdrawals<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; Investment of $100,000<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; 5% annual appreciation<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; Most expensive combination of optional benefits and Fund fees and expenses<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; No additional Purchase Payments, transfers, or withdrawals<br>|

---

For additional information about annual charges, see "FEE TABLE - Annual Contract Expenses" and "CHARGES AND DEDUCTIONS" in the Prospectus.

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[**TABLE OF CONTENTS**](#TOCtm262739d2_497vpu)

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| | |
|:---|:---|
| **RISKS** | **RISKS** |
| **Is There a Risk of Loss from Poor Performance?** | **Yes. You can lose money by investing in this Contract, including loss of principal.<br> For additional information about the risk of loss, see "PRINCIPAL RISKS OF INVESTING IN THE CONTRACT" in the Prospectus.**  |
| **Is this a Short-Term Investment?** | **No.** This Contract is not a short-term investment and is not appropriate for an investor who needs ready access to cash. Although you are permitted to take withdrawals or surrender the Contract, surrender charges and federal and state income taxes may apply.<br> Surrender charges may apply for up to seven (7) years following your last Purchase Payment. Withdrawals will reduce your Contract Value and death benefit. <br> The benefits of tax deferral and living benefit protections also mean the Contract is less beneficial to investors with a short time horizon.<br> For additional information about the investment profile of the Contract, see "PRINCIPAL RISKS OF INVESTING IN THE CONTRACT," "CHARGES AND DEDUCTIONS," "FEDERAL TAX MATTERS," and "TAXATION OF ANNUITIES IN GENERAL" in the Prospectus. |
| **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 Investment Options available under the Contract.<br> Each Investment Option (including the Guaranteed Account) has its own unique risks.<br> You should review the prospectuses for the available Funds and consult with your financial professional before making an investment decision.<br> For additional information about the risks associated with Investment Options, see "PRINCIPAL RISKS OF INVESTING IN THE CONTRACT" in the Prospectus. |
| **What Are the Risks Related to the Insurance Company?** | An investment in the Contract is subject to the risks related to the Company. Any obligations (including under the Guaranteed Account), guarantees, or benefits under the Contract are subject to the claims-paying ability of the Company. More information about the Company, including its financial strength ratings, is available upon request at no charge by calling us at 1-800-456-6330 or writing us at the address shown on the cover page.<br> For additional information about Company risks, see "PRINCIPAL RISKS OF INVESTING IN THE CONTRACT," and "THE COMPANY, VARIABLE ACCOUNT AND FUNDS" in the Prospectus. |

---

---

| | |
|:---|:---|
| **RESTRICTIONS** | **RESTRICTIONS** |
| **Are There Restrictions on the Investment Options?** | **Yes.** Currently, there is no charge when you transfer Contract Value among Investment Options. However, we reserve the right to charge $25 for each transfer after the first 12 transfers in any Contract Year in the future.<br> We reserve the right to remove or substitute Funds as Investment Options that are available under the Contract. We also reserve the right to restrict the allocation of additional Purchase Payments and/or transfers of Contract Value to a Fund if we determine the Fund no longer meets one or more of our Fund selection criteria and/or if a Fund has not attracted significant contract owner assets.<br> For additional information about Investment Options, see "CHARGES AND DEDUCTIONS – Transfer Fee" and "THE COMPANY, VARIABLE ACCOUNT AND FUNDS – Selection of Funds – Addition, Deletion or Substitutions of Investments" in the Prospectus. |

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[**TABLE OF CONTENTS**](#TOCtm262739d2_497vpu)

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| | |
|:---|:---|
| **RESTRICTIONS** | **RESTRICTIONS** |
| **Are There andy Restrictions on Contract Benefits?** | **Yes.** If you select a Guaranteed Lifetime Withdrawal Benefit rider, you must allocate your Purchase Payments and Contract Value in accordance with certain guidelines and restrictions, which will limit or restrict the Investment Options available to you under the Contract. If you fail to allocate your Purchase Payments and Contract Value in accordance with the guidelines and restrictions, the optional benefit rider will terminate. If the optional benefit terminates and you have not made any additional Purchase Payments after termination of the rider, within 30 days you may instruct us to reinstate the rider subject to certain conditions we require. You may not make additional Purchase Payments two years or more after the Rider Issue Date, or on or after the Benefit Election Date, whichever comes first. <br> If you purchase a Guaranteed Lifetime Withdrawal Benefit rider and your withdrawals from Contract Value exceed the Annual Withdrawal Amount under the rider, your rider benefits may be significantly reduced or eliminated.<br> If you purchase an optional death benefit, partial surrenders may affect the availability of the benefit by reducing the benefit by an amount greater than the value withdrawn and could terminate the benefit.<br> We may stop offering an optional benefit rider at any time.<br> For additional information about the optional benefits, see "GUARANTEED LIFETIME WITHDRAWAL BENEFITS ("SECUREPAY") WITH RIGHTTIME OPTION" and "DEATH BENEFIT" in the Prospectus. |

---

---

| | |
|:---|:---|
| **TAXES** | **TAXES** |
| **What Are the Contract's Tax Implications?** | You should consult with a qualified tax advisor regarding the federal tax implications of an investment in, payments received under, and other transactions in connection with this Contract.<br> If you purchase the Contract through a tax-qualified plan or individual retirement arrangement (IRA), you do not get any additional tax deferral. Generally, all earnings on the investments underlying the Contract are tax-deferred until distributed or deemed distributed. A distribution from a non-Qualified Contract, which includes a surrender, withdrawal, payment of a death benefit, or annuity income payments, will generally result in taxable income if there has been an increase in the Contract Value. In the case of a Qualified Contract, a distribution generally will result in taxable income even if there has not been an increase in the Contract Value. In certain circumstances, a 10% additional tax may also apply if the Owner takes a withdrawal before age 59½. All amounts includable in income with respect to the Contract are taxed as ordinary income; no amounts are taxed at the special lower rates applicable to long term capital gains and corporate dividends. <br> For additional information about tax implications, see "FEDERAL TAX MATTERS" and "TAXATION OF ANNUITIES IN GENERAL" in the Prospectus. |

---

---

| | |
|:---|:---|
| **CONFLICTS OF INTEREST** | **CONFLICTS OF INTEREST** |
| **How Are Investment Professionals Compensated?** | We pay compensation, in the form of commissions, non-cash compensation, and asset-based compensation, to broker-dealers in connection with the promotion and sale of the Contracts. A portion of any payments made to the broker-dealers may be passed on to their registered representatives in accordance with their internal compensation programs. The prospect of receiving, or the receipt of, asset-based compensation may provide broker-dealers and/or their registered representatives with an incentive to recommend initial or continued investment in the Contracts over other variable insurance products (or other investments). You may wish to take such compensation arrangements into account when considering and evaluating any recommendation relating to the Contracts.<br> For additional information about compensation, see "DISTRIBUTION OF THE CONTRACTS" in the Prospectus. |

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[**TABLE OF CONTENTS**](#TOCtm262739d2_497vpu)

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| | |
|:---|:---|
| **CONFLICTS OF INTEREST** | **CONFLICTS OF INTEREST** |
| **Should I Exchange My Contract?** | Some investment professionals may have a financial incentive to offer you a new contract in place of the contract you already own. You should only exchange your current contract if you determine, after comparing the features, fees, and risks of both contracts, that it is better for you to purchase the new contract rather than continue to own your existing contract.<br> For additional information about exchanges, see "TAXATION OF ANNUITIES IN GENERAL – Exchanges of Annuity Contracts" in the Prospectus. |

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[**TABLE OF CONTENTS**](#TOCtm262739d2_497vpu)

#### APPENDIX: INVESTMENT OPTIONS AVAILABLE UNDER THE CONTRACT
The following is a list of Funds available under the Contract. 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 1-800-456-6330 or by sending an email request to prospectus@protective.com. Depending on the optional benefits you choose, you may not be able to invest in certain Funds.

The current expenses and performance information below reflects fee and expenses of the Funds, but do not reflect the other fees and expenses that your Contract 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.

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Asset<br>Allocation <br>Type** |  ***Fund - Investment Adviser; Sub-Adviser(s), as <br>applicable*** | **Current <br>Expenses**  |  ***Average Annual Total Returns <br>(as of 12/31/2025)*** |  ***Average Annual Total Returns <br>(as of 12/31/2025)*** |  ***Average Annual Total Returns <br>(as of 12/31/2025)*** | **SecurePay <br>Rider <br>Allocation <br>Investment <br>Category<sup>(2)</sup>** |
| **Asset<br>Allocation <br>Type** |  ***Fund - Investment Adviser; Sub-Adviser(s), as <br>applicable*** | **Current <br>Expenses**  | **1 Year**  | **5 Year**  | **10 Year**  | **SecurePay <br>Rider <br>Allocation <br>Investment <br>Category<sup>(2)</sup>** |
| Allocation | American Funds Insurance Series<sup>®</sup> Asset Allocation Fund - Class 2 - Capital Research and Management Company | 0.54% | 15.85% | 8.97% | 9.77% | 3 |
| U.S. Equity | ClearBridge Variable Mid Cap Portfolio - Class II - Franklin Templeton Fund Adviser, LLC | 1.07% | 4.08% | 4.23% | 7.24% | 3 |
| U.S. Equity | ClearBridge Variable Small Cap Growth Portfolio - Class II - Franklin Templeton Fund Adviser, LLC | 1.06% | 8.97% | -0.42% | 9.11% | 3 |
| U.S. Equity | *Fidelity<sup>®</sup> VIP Contrafund<sup>®</sup> Portfolio - Service Class 2 - FMR Investment Management (UK) Limited;Fidelity Management & Research (Japan) Limited; Fidelity Management & Research (Hong Kong) Limited* | 0.79% | 21.24% | 15.08% | 15.49% | 2 |
| U.S. Equity | *Fidelity<sup>®</sup> VIP Equity-Income Portfolio - Service Class 2 - FMR Investment Management (UK) Limited;Fidelity Management & Research (Japan) Limited; Fidelity Management & Research (Hong Kong) Limited<sup>(3)</sup>* | 0.71% | 18.75% | 12.23% | 11.32% | 2 |
| Allocation | Fidelity<sup>®</sup> VIP Freedom Funds - Freedom 2015 Portfolio<sup>SM</sup> - Service Class 2<sup>(3)</sup> | 0.66% | 11.66% | 3.73% | 6.33% | 2 |
| Allocation | Fidelity<sup>®</sup> VIP Freedom Funds - Freedom 2020 Portfolio<sup>SM</sup> - Service Class 2<sup>(3)</sup> | 0.69% | 12.99% | 4.57% | 7.11% | 2 |
| U.S. Equity | *Fidelity<sup>®</sup> VIP Growth Portfolio - Service Class 2 - FMR Investment Management (UK) Limited;Fidelity Management & Research (Japan) Limited; Fidelity Management & Research (Hong Kong) Limited<sup>(3)</sup>* | 0.80% | 14.63% | 13.42% | 17.16% | 3 |
| U.S. Equity | Fidelity<sup>®</sup> VIP Index 500 Portfolio - Service Class 2 - *Geode Capital Management, LLC* | 0.34% | 17.48% | 14.03% | 14.42% | 2 |
| Taxable Bond | *Fidelity<sup>®</sup> VIP Investment Grade Bond Portfolio - Service Class 2 - FMR Investment Management (UK) Limited;Fidelity Management & Research (Japan) Limited; Fidelity Management & Research (Hong Kong) Limited* | 0.62% | 6.93% | -0.21% | 2.45% | 1 |
| U.S. Equity | *Fidelity<sup>®</sup> VIP Mid Cap Portfolio - Service Class 2 - FMR Investment Management (UK) Limited;Fidelity Management & Research (Japan) Limited; Fidelity Management & Research (Hong Kong) Limited* | 0.80% | 11.49% | 9.83% | 10.31% | 3 |
| U.S. Equity | Franklin DynaTech VIP Fund - Class 2 | 0.88% | 18.13% | 9.09% | 14.08% | 3 |
| Allocation | Franklin Income VIP Fund - Class 2 | 0.72% | 12.56% | 7.66% | 7.30% | 2 |
| Allocation | Franklin Mutual Shares VIP Fund - Class 2 | 0.94% | 11.52% | 9.20% | 7.53% | 2 |
| U.S. Equity | Franklin Rising Dividends VIP Fund - Class 2 | 0.89% | 11.80% | 9.50% | 12.10% | 2 |
| U.S. Equity | Franklin Small Cap Value VIP Fund - Class 2<sup>(1)</sup> | 0.91% | 7.65% | 8.86% | 9.81% | 3 |
| U.S. Equity | Franklin Small-Mid Cap Growth VIP Fund - Class 2 | 1.09% | 2.52% | 1.03% | 9.89% | 3 |
| Taxable Bond | Franklin U.S. Government Securities VIP Fund - Class 2 | 0.79% | 6.69% | 0.02% | 1.14% | 1 |
| International <br>Equity | Goldman Sachs VIT International Equity Insights Fund - Institutional Class<sup>(1)(5)</sup> | 0.81% | 38.48% | 11.08% | 8.23% | 3 |

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[**TABLE OF CONTENTS**](#TOCtm262739d2_497vpu)

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| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Asset<br>Allocation <br>Type** |  ***Fund - Investment Adviser; Sub-Adviser(s), as <br>applicable*** | **Current <br>Expenses**  |  ***Average Annual Total Returns <br>(as of 12/31/2025)*** |  ***Average Annual Total Returns <br>(as of 12/31/2025)*** |  ***Average Annual Total Returns <br>(as of 12/31/2025)*** | **SecurePay <br>Rider <br>Allocation <br>Investment <br>Category<sup>(2)</sup>** |
| **Asset<br>Allocation <br>Type** |  ***Fund - Investment Adviser; Sub-Adviser(s), as <br>applicable*** | **Current <br>Expenses**  | **1 Year**  | **5 Year**  | **10 Year**  | **SecurePay <br>Rider <br>Allocation <br>Investment <br>Category<sup>(2)</sup>** |
| International <br>Equity | Goldman Sachs VIT International Equity Insights Fund - Service Class<sup>(1)(5)</sup> | 1.06% | 38.15% | 10.80% | 7.96% | 3 |
| U.S. Equity | Goldman Sachs VIT Large Cap Value Fund - Institutional Class<sup>(1)(5)</sup> | 0.70% | 10.88% | 11.26% | 9.61% | 2 |
| U.S. Equity | Goldman Sachs VIT Large Cap Value Fund - Service Class<sup>(1)(5)</sup> | 0.93% | 10.60% | 11.00% | 9.34% | 2 |
| U.S. Equity | Goldman Sachs VIT Mid Cap Growth Fund - Service Class<sup>(1)(5)</sup> | 0.98% | 7.36% | 4.67% | 11.58% | 3 |
| U.S. Equity | Goldman Sachs VIT Mid Cap Value Fund - Institutional Class<sup>(1)(5)</sup> | 0.81% | 9.39% | 10.05% | 10.02% | 3 |
| U.S. Equity | Goldman Sachs VIT Mid Cap Value Fund - Service Class<sup>(1)(5)</sup> | 1.06% | 9.13% | 9.77% | 9.75% | 3 |
| U.S. Equity | Goldman Sachs VIT Small Cap Equity Insights Fund - Institutional Class<sup>(1)(5)</sup> | 0.82% | 16.14% | 10.47% | 10.84% | 3 |
| U.S. Equity | Goldman Sachs VIT Small Cap Equity Insights Fund - Service Class<sup>(1)(3)(5)</sup>  | 1.07% | 15.82% | 10.19% | 10.57% | 3 |
| U.S. Equity | Goldman Sachs VIT Strategic Growth Fund - Institutional Class<sup>(1)(5)</sup> | 0.70% | 17.92% | 12.75% | 16.41% | 2 |
| U.S. Equity | Goldman Sachs VIT Strategic Growth Fund - Service Class<sup>(1)(5)</sup> | 0.95% | 17.58% | 12.47% | 16.13% | 2 |
| U.S. Equity | Goldman Sachs VIT U.S. Equity Insights Fund - Institutional Class<sup>(1)(5)</sup> | 0.56% | 15.75% | 13.81% | 13.73% | 2 |
| U.S. Equity | Goldman Sachs VIT U.S. Equity Insights Fund - Service Class<sup>(1)(3)(5)</sup>  | 0.77% | 15.49% | 13.56% | 13.48% | 2 |
| U.S. Equity | Invesco<sup>®</sup> V.I. American Franchise Fund - Series II<sup>(3)</sup> | 1.10% | 11.39% | 10.08% | 14.58% | 3 |
| U.S. Equity | Invesco<sup>®</sup> V.I. American Value Fund - Series II | 1.14% | 20.76% | 17.56% | 12.01% | 3 |
| Allocation | Invesco<sup>®</sup> V.I. Balanced-Risk Allocation Fund - Series II<sup>(1)(4)</sup> | 1.13% | 8.69% | 2.27% | 4.91% | 1 |
| U.S. Equity | Invesco<sup>®</sup> V.I. Comstock Fund - Series II | 1.00% | 17.14% | 15.14% | 11.67% | 2 |
| U.S. Equity | Invesco<sup>®</sup> V.I. Discovery Large Cap Fund - Series II<sup>(1)</sup> | 1.05% | 12.53% | 11.41% | 13.94% | 3 |
| U.S. Equity | Invesco<sup>®</sup> V.I. Discovery Mid Cap Growth Fund - Series II  | 1.11% | 4.53% | 3.64% | 11.10% | 3 |
| Allocation | Invesco<sup>®</sup> V.I. Equity and Income Fund - Series II | 0.82% | 12.52% | 8.68% | 8.64% | 2 |
| International <br>Equity | Invesco<sup>®</sup> V.I. EQV International Equity Fund - Series II<sup>(3)</sup> | 1.15% | 16.23% | 3.42% | 5.95% | 3 |
| International <br>Equity | Invesco<sup>®</sup> V.I. Global Fund - Series II | 1.06% | 15.02% | 7.01% | 10.72% | 3 |
| Taxable Bond | Invesco<sup>®</sup> V.I. Global Strategic Income Fund - Series II<sup>(1)</sup> | 1.20% | 12.75% | 1.39% | 2.76% | 1 |
| Taxable Bond | Invesco<sup>®</sup> V.I. Government Securities Fund - Series II | 0.95% | 6.95% | -0.22% | 1.34% | 1 |
| U.S. Equity | Invesco<sup>®</sup> V.I. Growth and Income Fund - Series II | 1.00% | 15.30% | 12.56% | 10.46% | 2 |
| U.S. Equity | Invesco<sup>®</sup> V.I. Main Street Fund<sup>®</sup> - Series II<sup>(1)</sup> | 1.05% | 15.64% | 12.19% | 12.25% | 2 |
| Money Market | Invesco<sup>®</sup> V.I. U.S. Government Money Portfolio - Series I  | 0.67% | 3.64% | 2.80% | 1.76% | 1 |
| Taxable Bond | Lord Abbett Series Fund - Bond Debenture Portfolio - Class VC | 0.98% | 8.33% | 2.10% | 4.72% | 1 |
| U.S. Equity | Lord Abbett Series Fund - Dividend Growth Portfolio - Class VC <sup>(1)</sup> | 0.99% | 15.98% | 12.34% | 13.06% | 2 |
| U.S. Equity | Lord Abbett Series Fund - Fundamental Equity Portfolio - Class VC<sup>(1)</sup> | 1.08% | 14.29% | 11.36% | 9.75% | 2 |
| U.S. Equity | Lord Abbett Series Fund - Growth and Income Portfolio - Class VC | 0.93% | 17.29% | 13.34% | 11.12% | 2 |
| U.S. Equity | Lord Abbett Series Fund - Growth Opportunities Portfolio - Class VC | 1.15% | 12.94% | 3.23% | 10.41% | 3 |

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[**TABLE OF CONTENTS**](#TOCtm262739d2_497vpu)

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| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Asset<br>Allocation <br>Type** |  ***Fund - Investment Adviser; Sub-Adviser(s), as <br>applicable*** | **Current <br>Expenses**  |  ***Average Annual Total Returns <br>(as of 12/31/2025)*** |  ***Average Annual Total Returns <br>(as of 12/31/2025)*** |  ***Average Annual Total Returns <br>(as of 12/31/2025)*** | **SecurePay <br>Rider <br>Allocation <br>Investment <br>Category<sup>(2)</sup>** |
| **Asset<br>Allocation <br>Type** |  ***Fund - Investment Adviser; Sub-Adviser(s), as <br>applicable*** | **Current <br>Expenses**  | **1 Year**  | **5 Year**  | **10 Year**  | **SecurePay <br>Rider <br>Allocation <br>Investment <br>Category<sup>(2)</sup>** |
| U.S. Equity | Lord Abbett Series Fund - Mid Cap Stock Portfolio - Class VC | 1.15% | 7.05% | 10.16% | 7.98% | 3 |
| U.S. Equity | MFS<sup>®</sup> VIT Growth Series - Service Class - Massachusetts Financial Services Company<sup>(1)(6)</sup> | 0.98% | 11.90% | 10.82% | 15.31% | 3 |
| U.S. Equity | MFS<sup>®</sup> VIT II Massachusetts Investors Growth Stock Portfolio - Service Class - Massachusetts Financial Services Company<sup>(1)(6)</sup> | 0.97% | 9.61% | 9.74% | 13.98% | 2 |
| U.S. Equity | MFS<sup>®</sup> VIT Investors Trust Series - Service Class - Massachusetts Financial Services Company<sup>(1)(6)</sup> | 0.99% | 13.32% | 11.06% | 12.21% | 2 |
| U.S. Equity | MFS<sup>®</sup> VIT New Discovery Series - Service Class - Massachusetts Financial Services Company<sup>(1)(6)</sup> | 1.12% | 12.56% | -0.54% | 10.46% | 3 |
| U.S. Equity | MFS<sup>®</sup> VIT Research Series - Service Class - Massachusetts Financial Services Company<sup>(1)(6)</sup> | 0.99% | 12.57% | 10.87% | 12.65% | 3 |
| Taxable Bond | MFS<sup>®</sup> VIT Total Return Bond Series - Service Class - Massachusetts Financial Services Company<sup>(1)(6)</sup> | 0.78% | 6.94% | -0.09% | 2.38% | 1 |
| Allocation | MFS<sup>®</sup> VIT Total Return Series - Service Class - Massachusetts Financial Services Company<sup>(1)(6)</sup> | 0.86% | 10.91% | 6.16% | 7.36% | 2 |
| Sector Equity | MFS<sup>®</sup> VIT Utilities Series - Service Class - Massachusetts Financial Services Company<sup>(1)(6)</sup> | 1.03% | 14.76% | 7.38% | 9.22% | 3 |
| U.S. Equity | MFS<sup>®</sup> VIT Value Series - Service Class - Massachusetts Financial Services Company<sup>(1)(6)</sup> | 0.94% | 12.77% | 9.69% | 9.77% | 2 |
| Taxable Bond | PIMCO VIT Long-Term U.S. Government Portfolio - Advisor Class - Pacific Investment Management Company LLC | 2.575% | 6.04% | -6.91% | -0.09% | 1 |
| Taxable Bond | PIMCO VIT Low Duration Portfolio - Advisor Class - Pacific Investment Management Company LLC | 0.76% | 5.42% | 1.47% | 1.69% | 1 |
| Taxable Bond | PIMCO VIT Real Return Portfolio - Advisor Class - Pacific Investment Management Company LLC | 1.49% | 7.74% | 1.11% | 3.11% | 1 |
| Taxable Bond | PIMCO VIT Short-Term Portfolio - Advisor Class - Pacific Investment Management Company LLC | 0.75% | 4.57% | 3.14% | 2.65% | 1 |
| Taxable Bond | PIMCO VIT Total Return Portfolio - Advisor Class - Pacific Investment Management Company LLC | 0.83% | 8.78% | -0.08% | 2.26% | 1 |
| U.S. Equity | Royce Capital Micro-Cap Portfolio - Service Class | 1.52% | 13.58% | 8.85% | 9.86% | 3 |
| U.S. Equity | Royce Capital Small-Cap Portfolio - Service Class | 1.44% | 8.73% | 10.40% | 7.63% | 3 |
| International <br>Equity | Templeton Foreign VIP Fund - Class 2<sup>(1)</sup> | 1.08% | 29.19% | 8.25% | 5.75% | 3 |
| Taxable Bond | Templeton Global Bond VIP Fund - Class 2 - Franklin Advisers, Inc.<sup>(1)</sup> | 0.75% | 15.73% | -0.96% | -0.15% | 1 |
| International <br>Equity | Templeton Growth VIP Fund - Class 2 <sup>(1)</sup> | 1.12% | 23.83% | 7.95% | 7.04% | 3 |

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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 Contract Owners and will continue past the current year.*

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

*&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; If you have purchased the SecurePay rider, you must allocate your Purchase Payments and Contract Value in accordance with the Allocation Guidelines and Restrictions that we have established. The following table specifies the minimum and maximum percentages of your Contract Value that must be allocated to each of the three Investment Categories during the accumulation phase in order for you to remain eligible for benefits under the SecurePay rider (unless you are fully invested in a Benefit Allocation Model Portfolio). You can select the percentage of Contract Value to allocate to individual Funds within each group, but the total investment for all Funds in a group must comply with the specified minimum and maximum percentages for that group. See "GUARANTEED LIFETIME WITHDRAWAL BENEFIT ("SECUREPAY") WITH RIGHTTIME OPTION, Allocation Guidelines and Restrictions" in the Prospectus.*

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| | | |
|:---|:---|:---|
| **Investment Category** | **Minimum Allocation** | **Maximum Allocation** |
| 1 | 35% | 100% |
| 2 | 0% | 65% |
| 3 | 0% | 30% |

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

 *Not available for Contracts purchased on or after November 2, 2009.* 

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

 *Not available for Contracts purchased on or after May 1, 2011.* 

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

*&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Sub-Accounts investing in Institutional Class shares of the Funds of the Goldman Sachs Variable Insurance Trust are only available to Contracts issued before May 1, 2008. Service Class shares of the Funds are available to Contracts issued on or after May 1, 2008.*

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

*&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Effective February 2, 2015, Sub-Accounts investing in Funds of the MFS Variable Insurance Trust and the MFS Variable Insurance Trust II were closed to new investment. If you did not have Contract Value in, or allocation instructions including such a Sub-Account on that date, you may not allocate Purchase Payments or Contract Value to that Sub-Account. If you had Contract Value in, or allocation instructions that included such a Sub-Account on February 2, 2015, you may continue to allocate Purchase Payments and transfer Contract Value to that Sub-Account, but if you change your allocation instructions to terminate your investment in the Sub-Account, you may not allocate Purchase Payments and transfer Contract Value to the Sub-Account in the future.*

The following is information for the fixed options currently available under the Contract. We may change the features of the fixed options listed below, offer new fixed options, and terminate existing fixed options. We will provide you with written notice before doing so. Depending on the optional benefits you choose, you may not be able to invest in certain fixed options, as noted below.

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| | | |
|:---|:---|:---|
| **Name**  | **Term**  | **Minimum Guaranteed <br>Interest Rate**  |
| Fixed Account\*  | 1 Year | 1% |
| DCA Account 1 | 6 Months (Max) | 1% |
| DCA Account 2 | 12 Months (Max) | 1% |

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\*If you select the SecurePay rider, you may not allocate any portion of your Purchase Payments or Contract Value to the Fixed Account.

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This Updating Summary Prospectus incorporates by reference the Values Variable Annuity Contract's Prospectus and Statement of Additional Information (SAI), dated May 1, 2026, as amended or supplemented. The SAI may be obtained, free of charge, in the same manner as the Prospectus.

EDGAR Contract Identifier: C000028510

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