Principal Life Insurance Co. Variable Life Sep Account

07/05/2024 | Press release | Distributed by Public on 07/05/2024 12:34

Updating Summary Prospectus - Form 497VPU

Document

Principal Life Insurance Company Variable Life Separate Account

Supplement dated July 5, 2024
to the Prospectus and Updating Summary Prospectus dated May 1, 2024 for:

Principal Variable Universal Life Income IV


This supplement updates information contained in the Prospectus, and Updating Summary Prospectus referenced above. Please retain this supplement for future reference.

APPENDIX - UNDERLYING FUNDS AVAILABLE UNDER THE POLICY

Delete the rows for AllianceBernstein Small Cap Growth - Class A, and CVT S&P 500 Index in the table and replace with the following:
Fund Company and Fund Name and Class Fund Type Advisor/
Sub-Advisor 		Current Expense Ratio Average Annual Total Returns
1 yr 5 yr 10 yr
AllianceBernstein Small Cap Growth - Class A (not available to new investors after 2/1/2013)* Small/Mid US Equity AllianceBernstein 0.90% 18.02% 10.57% 8.53%
CVT S&P 500 Index (not available to new investors after 4/25/2014)* Large US Equity
Calvert Research and Management/Ameritas Investment Partners, Inc.
0.28% 25.92% 15.39% 11.68%