Principal Life Insurance Separate Account B Co
07/11/2025 | Press release | Distributed by Public on 07/11/2025 11:30
Updating Summary Prospectus (Form 497VPU)
Supplement dated July 11, 2025
to the Initial Summary Prospectus, Updating Summary Prospectus, and Prospectus
dated May 1, 2025 for:
Principal® Pivot Series Variable Annuity
Issued by Principal Life Insurance Company through its Principal Life Insurance Company
Separate Account B
This supplement updates information contained in the Initial Summary Prospectus, Updating Summary Prospectus, and Prospectus referenced above. Please retain this supplement for future reference.
APPENDIX A: INVESTMENT OPTIONS AVAILABLE UNDER THE CONTRACT
The following changes are made to the list of Underlying Mutual Funds available under the Contract contained in the above-referenced appendix.
Effective July 28, 2025, the existing row for Neuberger Berman AMT Sustainable Equity - S Class Shares is replaced with the new row below to reflect a fund name change:
| Type |
Portfolio Advisor/Sub-advisor |
Current Expenses (Net) |
Average Annual Total Returns (as of 12/31/24) |
||
| 1 year | 5 year | 10 year | |||
| Large Blend |
Neuberger Berman AMT Quality Equity Portfolio (1) - S Class Shares Neuberger Berman Investment Advisers, LLC |
1.15% | 25.52% | 13.68% | 11.18% |
Classification: Company Confidential
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