Protective Variable Life Separate Account

11/15/2024 | Press release | Distributed by Public on 11/15/2024 09:40

Prospectus by Investment Company - Form 497

Supplement dated November 15, 2024, to the Initial Summary Prospectus, Updating Summary Prospectus, and Prospectus
dated May 1, 2024
for Protective Strategic Objectives II VUL and
Protective Investors Benefit Advisory VUL policies
issued by Protective Life Insurance Company
Protective Variable Life Separate Account

This Supplement amends certain information in your variable universal life policy prospectus, initial summary prospectus, and updating summary prospectus (collectively, the "Prospectuses"). Please read this Supplement carefully and keep it with your Prospectuses for future reference. You may obtain a current prospectus by visiting www.protective.com/productprospectusor by calling 1-800-456-6330.
The following funds of the Putnam Variable Trust in the "FUND APPENDIX: FUNDS AVAILABLE UNDER THE POLICY" section of the Prospectuses is amended so as all references to Putnam Investments Limitedare hereby deleted and replaced with Franklin Templeton Investment Management Limitedas follows:
Asset
Allocation
Type
Portfolio Company - Investment Adviser;Sub-Adviser(s), as applicable
Current
Expenses
Average Annual Total Returns
 (as of 12/31/2023)
1 Year
5 Year
10 Year
U.S. Equity
Putnam VT Sustainable Leaders Fund - Class IA - Putnam Investment Management, LLC; Franklin Templeton Investment Management Limited; Franklin Advisers, Inc.
0.65%
26.42%
16.38%
12.87%
If you have any questions regarding this Supplement, please contact your investment professional or us toll free at
1-800-456-6330. Please keep this Supplement for future reference.
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