THE
NORTHWESTERN MUTUAL LIFE INSURANCE COMPANY
SUPPLEMENT TO THE PROSPECTUS DATED MAY 1, 2022
NORTHWESTERN MUTUAL VARIABLE LIFE ACCOUNT II
VARIABLE UNIVERSAL LIFE
PLUS
EXECUTIVE VARIABLE UNIVERSAL LIFE—II
VARIABLE UNIVERSAL LIFE PLUS—NY
This Supplement updates
certain information in the most recent prospectuses, initial summary prospectuses and updating summary prospectuses, as applicable, for the above-referenced variable life
contracts and any supplements to the prospectuses, initial summary prospectuses and updating summary prospectuses (together the “Prospectuses”). You should read this Supplement in conjunction with your Prospectuses and
retain it for future reference. Unless otherwise indicated, all other information included in the Prospectuses remains unchanged. The terms and section headings we use in this Supplement have the same meaning as in the
Prospectuses. We will send you another copy of any prospectus or supplements without charge upon request.
Effective September 7, 2022, an update was made to the Current Expenses information for the U.S Strategic Equity Fund, changing the Current Expenses from 0.84% to 0.96%.
In light of these changes, in APPENDIX A—Portfolios Available under Your Policy, the following row in the table is amended to contain the above information. Please note that with respect to this change, some systems and
forms may temporarily reference the previous Current Expenses for the Portfolio.
|
|
Adviser/ Sub-adviser (if applicable) |
|
Average Annual
Total Returns
(as of 12/31/2021) |
|
|
|
Long-term growth of
capital |
U.S. Strategic Equity
Fund8 |
|
|
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This Supplement is dated September 14, 2022.