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Ameritas Life Insurance Corp.

("Ameritas Life")

 

Ameritas Life Insurance Corp. Separate Account LLVA and

Ameritas Life Insurance Corp. Separate Account LLVL

("Separate Accounts")

 

Supplement to:

Ameritas Low-Load® Variable Universal Life and

Ameritas Low-Load® Survivorship Variable Universal Life

Prospectuses Dated May 1, 2008

 

Ameritas No-Load Variable Annuity (4080)

Prospectus Dated May 1, 2010

 

Ameritas NLVA 6150

Prospectus Dated May 1, 2013

 

Ameritas No-Load VA 6150 and Ameritas Advisor VUL®

Prospectuses Dated May 1, 2015

 

 

Supplement Dated September 29, 2015

 

 

 

The contractual advisory fee rate of the Universal Institutional Funds, Inc. Emerging Markets Equity Portfolio, Class I (the "Portfolio") and total expense ratio cap of the Portfolio's Class I shares have been decreased, effective September 30, 2015. Accordingly, effective September 30, 2015, the following table replaces the Portfolio Company Operating Expenses table in your Policy prospectus for the 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
UIF, Class I
Emerging Markets Equity 0.95% - 0.45% - 1.40% 0.05% 1.35%(1)(2)
 

 

UIF (1)  The Management  Fees have been restated to reflect the decrease in the advisory fee schedule effective September 30, 2015.
UIF (2)  The Portfolio’s "Adviser," Morgan Stanley Investment Management Inc., has agreed to reduce its advisory fee and/or reimburse the Portfolio so that Total Portfolio Fees, excluding  certain investment related expenses, taxes, interest and other extraordinary expenses (including litigation), will not exceed 1.35%.  The fee waivers and/or expense reimbursements will continue for at least one year or until such time as the Board of Directors of The Universal Institutional Funds, Inc. (the "Fund") acts to discontinue all or a portion of such waivers and/or reimbursements when it deems such action is appropriate.
*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.

 

All other provisions of your Policy remain as stated in your Policy and prospectus as previously supplemented.

 

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

Ameritas Life Insurance Corp.

 

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

 

 

 

 

 

PF 681 09-15