Supplement dated January 31, 2022

to the Prospectus dated May 1, 2021, for

Protective Executive Benefits Registered VUL

Issued by

Protective Life Insurance Company

Protective COLI VUL

Supplement dated January 31, 2022

to the Prospectus dated September 30, 2021, for

Protective Executive Benefits Registered VUL NY

Issued by

Protective Life and Annuity Insurance Company

Protective NY COLI VUL

This Supplement amends certain information in your variable life insurance policy (“Policy”) prospectus (the “Prospectus”). Please read this Supplement carefully and keep it with your Prospectus for future reference.

The Great-West Large Cap Value Fund is closed to new Policies. Policies that currently hold the Fund may continue to allocate to that Fund.