497 1 pf736.htm

Ameritas Life Insurance Corp.

("Ameritas Life")

 

Ameritas Life Insurance Corp. Separate Account LLVA and

Ameritas Life Insurance Corp. Separate Account LLVL

("Separate Accounts")

 

Ameritas Advisor No-Load VA and Ameritas Advisor VUL®

Prospectuses Dated May 1, 2017

 

Supplement Dated August 1, 2017

 

 

On or about October 1, 2017, the Deutsche Global Growth VIP will be renamed Deutsche International Growth VIP. All references in the prospectus to Deutsche Global Growth VIP will be replaced with Deutsche International Growth VIP.

 

Effective July 20, 2017, the following information replaces the existing disclosure in the Portfolio Company Operating Expenses table in your Policy prospectus for the respective portfolio:

 

Subaccount’s underlying
Portfolio Name *		 Management
Fees		 12b-1
Fees**		 Other
Fees		 Acquired
Fund Fees
and
Expenses***		 Total
Portfolio Fees		 Waivers
and
Reductions
****		 Total Expenses
after Waivers
and Reductions,
 if any
DEUTSCHE VS II, Class A
Global Growth VIP 0.62 % -     0.74 %   -     1.36 %   0.55 %   0.81 % (1) (2)
                                           

 

Deutsche (1)  "Management fee" is restated to reflect the portfolio's new management fee rate effective October 1, 2017.  
Deutsche (2)  The Advisor has contractually agreed through September 30, 2018 to waive its fees and/or reimburse fund expenses to the extent necessary to maintain the portfolio's total annual operating expenses (excluding certain expenses such as extraordinary expenses, taxes, brokerage and interest expenses) at a ratio no higher than 0.81%.  The agreement may only be terminated with the consent of the portfolio's board.  
* Short cites are used in this list.  The INVESTMENT OPTIONS section uses complete portfolio names.
** Portfolios pay 12b-1 fees to us pursuant to Rule 12b-1 under the Investment Company Act of 1940, which allows investment companies to pay fees out of portfolio assets to those who sell and distribute portfolio shares.  Some portfolios may also pay 0.05 to 0.25 percent of annual portfolio assets for us to provide shareholder support and marketing services.
*** Some portfolios invest in other investment companies (the "acquired portfolios").  In these instances, portfolio shareholders indirectly bear the fees and expenses of the acquired portfolios.
**** Only contractual waivers guaranteed for one year or more after the effective date of each respective fund prospectus are used in the Waivers column of this chart.  See the respective portfolio footnotes above for specific details regarding any possible recoupment of waived fees.  
     

 

 

 

Please retain this Supplement with the current prospectus for your variable Policy with

Ameritas Life Insurance Corp.

 

If you do not have a current prospectus, please contact Ameritas Life at 800-255-9678.

 

 

 

 

 

 

 

 

 

PF 736 8-17