ck0000812797-20221231
N-6PRINCIPAL LIFE INSURANCE CO VARIABLE LIFE SEP ACCOUNT0000812797N-612/31/2022false00008127972023-08-232023-08-230000812797ck0000812797:C000018257Member2023-08-232023-08-23xbrli:pure


Principal Life Insurance Company Variable Life Separate Account

Supplement dated August 23, 2023
to the Prospectuses and Updating Summary Prospectuses dated May 1, 2023 for:

Principal Benefit Variable Universal Life II
Principal Executive Variable Universal Life II
Principal Executive Variable Universal Life III
Principal Variable Universal Life Income II
Principal Variable Universal Life Income IV

and to the Initial Summary Prospectuses dated May 1, 2023 for:

Principal Executive Variable Universal Life III
Principal Variable Universal Life Income IV

This supplement updates information contained in the Prospectuses and Updating Summary Prospectuses referenced above. Please retain this supplement for future reference.
APPENDIX - UNDERLYING FUNDS AVAILABLE UNDER THE POLICY
Delete the row for American Century VP Value - Class II in the table and replace with the following:

Fund Company and Fund Name and ClassFund TypeAdvisor/
Sub-Advisor
Current Expense RatioAverage Annual Total Returns
1 yr5 yr10 yr
American Century VP Value - Class II*Large US EquityAmerican Century Investment Management, Inc.0.86%0.31%7.68%10.41%