The Variable Annuity Contract
issued by
Brighthouse Life Insurance Company
and
Brighthouse Separate Account A
Series S - L Share Option (offered between October 7, 2011 and May 1, 2016)
Disclosure Notice
April 27, 2026
A flexible premium deferred variable annuity contract
This Disclosure Notice provides certain updated information about your Series S - L Share Option (offered between October 7, 2011 and May 1, 2016) Variable Annuity Contract (the “Contract” or “contract”), a flexible premium deferred variable annuity contract issued by Brighthouse Life Insurance Company (“BLIC”, the “Company”, or “we” or “us”). The Contract is no longer available for purchase.
Updated financial statements for BLIC and Brighthouse Separate Account A (the “Separate Account”) are available, free of charge at https://dfinview.com/BHF/PUFT/BHF244. The Contract prospectus, dated May 1, 2016, as supplemented, is
available and contains more information about the Contract including its features, benefits, and risks. You can obtain this information at no cost by calling (888) 243-1932 or by sending an email request to
rcg@brighthousefinancial.com.
The Contract is a complex investment and involves risks, including potential
loss of principal. The Contract is not a short-term investment and is not appropriate for an investor who needs ready access to cash. Withdrawals (partial or full) could
result in withdrawal charges, taxes, and tax penalties.
The Company’s obligations under the Contract are subject to our financial strength and claims paying ability. Additional general information about certain investment products, including variable annuities, has been prepared by the Securities and Exchange Commission’s staff and is available at Investor.gov.
The Securities and Exchange Commission has not approved or disapproved
these securities or determined if this Disclosure Notice is accurate or complete. Any representation to the contrary is a criminal offense.
1
Special Terms
Account Value. The sum of your interests in the Investment Portfolios, including the Enhanced Dollar Cost Averaging account.
Accumulation Phase. The period in which earnings accumulate on a tax-deferred basis.
Contract
Year. A
Contract Year is defined as a one-year period starting on the date the contract is issued
and on each contract anniversary thereafter.
Investment
Portfolios. The means of investing offered to Owners in various underlying fund
portfolios. May also be referred to as “Portfolio Company.”
Monitored Portfolios. Certain
Investment Portfolios on which we monitor transfer activity. We may change the Monitored Portfolios at any time without notice in our sole discretion.
Purchase
Payment. A Purchase Payment is the money you give us to invest in the contract. The initial Purchase Payment is due on the date the contract is issued. You may also be permitted to make subsequent Purchase
Payments.
Separate
Account. We have established Brighthouse Separate Account A to hold the assets that underlie the Contracts.
Updated Information You Should Consider About the Contract
The information in this section of the Disclosure Notice is a summary of
certain Contract features that have changed since the Disclosure Notice dated April 28, 2025. This does not reflect all of the changes that have occurred since you
entered into your Contract.
On November 6, 2025, Brighthouse Financial, Inc. (“BHF”) and Aquarian Capital LLC (“Aquarian”) announced that they had entered into a definitive agreement under which an affiliate of Aquarian will acquire BHF. This transaction is subject to the satisfaction or waiver of customary closing conditions, including receipt of applicable regulatory approvals. Subject to such approvals and the satisfaction or waiver of the other conditions, the transaction is expected to be consummated in 2026.
Upon the consummation of the transaction, Aquarian will become the ultimate parent
of BHF and BLIC will remain an indirect wholly-owned subsidiary of BHF. Although Aquarian will replace BHF as BLIC’s ultimate parent, BLIC will continue in its present role as the issuer of your contract. All of your rights and benefits under your contract and BLIC’s obligations under the contract will remain unchanged.
Founded in 2017, Aquarian Capital is a diversified global holding company with a strategic portfolio of insurance and asset management solutions. Aquarian is headquartered in New York, NY.
Changes Affecting the Investment
Portfolios Portfolio
Name Changes. Certain Investment Portfolios were subject to a name change. The chart below identifies the former
name and new name of the Investment Portfolios.
| Former
Name |
New
Name |
| Brighthouse Funds Trust I |
Brighthouse Funds Trust I |
| SSGA Emerging Markets Enhanced Index Portfolio |
State Street Emerging Markets Enhanced Index Portfolio |
| SSGA Growth and Income ETF Portfolio |
State Street Moderate ETF Portfolio |
| SSGA Growth ETF Portfolio |
State Street Moderately Aggressive ETF Portfolio |
3
Investment
Portfolios
•Monitored Portfolios. We monitor transfer activity in the following “Monitored Portfolios” for purposes of imposing our restrictions on frequent transfers:
AB International Bond Portfolio
Baillie Gifford International Stock Portfolio
BlackRock Global Allocation V.I. Fund
BlackRock High Yield Portfolio
Brighthouse Small Cap Value Portfolio
Brighthouse/Dimensional International Small Company
Portfolio
Brighthouse/Eaton Vance Floating
Rate Portfolio
CBRE Global Real Estate
Portfolio
Harris Oakmark International
Portfolio
Invesco Global Equity
Portfolio
Invesco Small Cap Growth
Portfolio
Loomis Sayles Global Allocation
Portfolio
MetLife MSCI EAFE® Index Portfolio
MetLife Russell 2000® Index Portfolio
MFS® Research International Portfolio
Neuberger Berman Genesis Portfolio
State Street Emerging Markets Enhanced Index
Portfolio
Western Asset Management Strategic
Bond Opportunities Portfolio
4
Important Information You Should
Consider About the Contract
| |
Fees, Expenses, and Adjustments |
Location in
Prospectus | |||
| Are There
Charges or
Adjustments for
Early
Withdrawals? |
Yes. If you elect the “Series S – L Share Option” Contract class and you withdraw money during the first 4 full Contract Years following a Purchase
Payment, you may be assessed a withdrawal charge of up to 7% of the Purchase Payment withdrawn, declining to 0% over that time
period. For example, if you make an early withdrawal, you could pay a withdrawal
charge of up to $7,000 on a $100,000 investment. This loss will be greater if
there are taxes or tax penalties. |
Fee Table and
Examples
Expenses – Withdrawal Charge | |||
| Are There
Transaction
Charges? |
Yes. In addition to withdrawal charges, you also may be charged for the
following transactions: transfers of cash value between investment
options. Transfer Fee. Currently, we allow unlimited transfers among the investment options without charge. However, we reserve the right to charge for transfers
after the first 12 transfers per year. |
Fee Table and Examples Expenses –
Transfer Fee | |||
5
| |
Fees, Expenses, and Adjustments |
Location in
Prospectus | |||
| Are There
Ongoing Fees and
Expenses? |
Yes. The table below describes the fees and expenses that you may pay each year, depending on the investment options and
optional benefits you choose. Please refer to your
Contract specifications page for information about the
specific fees you will pay each year based on the options you have
elected. |
Fee Table and
Examples
Expenses – Product Charges Appendix A: Investment Portfolios
Available
Under the
Contract
(located in this
Disclosure
Notice) | |||
| Annual Fee |
Minimum |
Maximum | |||
| Base Contract1 |
1.87% |
1.87% | |||
| Investment Portfolios fees and expenses2
|
0.53% |
2.50% | |||
| Optional benefits available for
an additional charge (for a
single optional benefit (if
elected) |
0.60%3 |
1.20%4 | |||
| 1 As a percentage of average Account Value in the Separate Account. The charge shown also includes the Account Fee. 2 As a percentage of fund assets before
temporary expense reimbursements and/or fee waivers. 3 As a percentage of the Benefit Base,
which is a value used to calculate your benefit. This charge
is the current charge for the least expensive optional
benefit. 4 As a percentage of the Benefit Base, which is a value used to calculate your benefit. This charge
is the current charge for the most expensive optional
benefit. | |||||
| Because your Contract is customizable, the choices you make affect how
much you will pay. To help you understand the cost of
owning your Contract, the following table shows the
lowest and highest cost you could pay each year, based on current charges. This estimate
assumes that you do not take withdrawals from the
Contract, which could add withdrawal charges that substantially increase costs. | |||||
| Lowest Annual Cost
$2,152 |
Highest Annual Cost
$5,846 | ||||
| Assumes: |
Assumes: | ||||
| ●Investment of $100,000 ●5% annual appreciation ●Least expensive combination of Contract classes and Investment
Portfolio fees and expenses ●No optional benefits ●No sales charges ●No additional Purchase Payments, transfers, or withdrawals |
●Investment of $100,000 ●5% annual appreciation ●Most expensive combination of Contract classes, optional benefits, and Investment
Portfolio fees and expenses ●No sales charges ●No additional Purchase
Payments, transfers or withdrawals | ||||
6
| |
Risks |
Location in
Prospectus | |||
| Is There a Risk of
Loss from Poor
Performance? |
Yes. You can lose money by investing in this Contract, including loss of
principal. |
The Annuity
Contract
Investment
Options | |||
| Is This a Short-
Term Investment? |
No. This Contract is not a short-term investment and is not appropriate for
an investor who needs ready access to cash.
Amounts withdrawn from the Contract may result in withdrawal charges,
taxes, and tax penalties.
Withdrawal charges may apply for the first 4 full Contract Years following a
Purchase Payment. Withdrawal charges will reduce the value of your Contract if you withdraw money during that time. Withdrawals could
significantly reduce the value of your Contract, the death benefit, and
other Contract benefits, including the optional death
benefit. The reduction may be more than the amount
withdrawn. The benefits of tax deferral and living benefit
protection also mean the Contract is more beneficial to
investors with a long time horizon. |
The Annuity
Contract
Investment
Options | |||
| What Are the
Risks Associated
with the
Investment
Options? |
●An investment in this Contract is subject to the risk of poor investment
performance and can vary depending on the performance of the investment
options available under the Contract (e.g., the Investment Portfolios). ●Each investment option has its own unique risks. ●You should review the prospectuses for the available funds before making
an investment decision. |
Investment
Options | |||
| What Are the
Risks Related to
the Insurance
Company? |
An investment in the Contract is subject to the risks related to us.
Any obligations and guarantees and benefits of the
Contract that exceed the assets of the Separate Account are subject to our claims-paying ability. If we
experience financial distress, we may not be able to meet
our obligations to you. More information about BLIC,
including our financial strength ratings, is available by
contacting us at (888) 243-1968. |
The Annuity
Contract
Other
Information –
The Separate
Account | |||
| |
Restrictions |
| |||
| Are There
Restrictions on the
Investment
Options? |
Yes. ●Currently, we allow unlimited transfers without charge among investment
options during the Accumulation Phase. However, we reserve the right to
limit transfers or impose a charge for transfers in excess of 12 per
year. ●We reserve the right to limit transfers in circumstances of frequent or large
transfers. ●We reserve the right to remove or substitute the Investment
Portfolio available as investment options under the Contract. |
Investment Options | |||
7
| |
Restrictions |
| |||
| Are There Any
Restrictions on
Contract Benefits? |
Yes. ●Certain optional benefits limit or restrict the investment options that you
may select under the Contract. We may change these restrictions in the
future. ●Certain optional benefits could limit subsequent Purchase
Payments. ●Withdrawals will reduce the value of the death benefit, perhaps
significantly. ●Withdrawals may reduce the value of an optional benefit by an amount
greater than the value withdrawn, which could significantly reduce the
value or even terminate the benefit. ●We may stop offering an optional benefit at any time for new sales. ●Except as otherwise provided, Contract benefits may not be modified or
terminated by us. |
Purchase –
Investment
Allocation
Restrictions for
Certain Riders
Living Benefits
Death Benefit
Appendix B:
Investment
Portfolios Available Under the Benefits Offered Under the Contract (located in this Disclosure Notice) | |||
| |
Taxes |
| |||
| What Are the
Contract’s Tax
Implications? |
●Consult with a tax professional to determine the tax implications of an
investment in and payments received under this Contract.
●If you purchase the Contract through a tax-qualified plan or individual
retirement account, you do not get any additional tax
benefit. ●You will generally not be taxed on increases in the value of
the Contract until they are withdrawn. Withdrawals will
be subject to ordinary income tax, and may be subject to
tax penalties if you take a withdrawal before age
59 1∕2. |
Federal
Income Tax
Status | |||
| |
Conflicts of Interest |
| |||
| How Are
Investment
Professionals
Compensated? |
Your investment professional may receive compensation for selling this
Contract to you, in the form of commissions, additional
cash benefits (e.g., bonuses), and non-cash compensation.
This conflict of interest may influence your investment
professional to recommend this Contract over another
investment for which the investment professional is not compensated or
compensated less. |
Other
Information –
Selling Firms | |||
| Should I
Exchange My
Contract? |
If you already own an insurance contract, some investment professionals
may have a financial incentive to offer you a new
contract in place of the one you own. You should only
exchange a contract you already own if you determine,
after comparing the features, fees, and risks of both contracts, and any fees or penalties to terminate the existing contract, that it is better for
you to purchase the new contract rather than continue to own your
existing contract. |
Replacement of Contracts | |||
8
APPENDIX A
Investment Portfolios Available
Under the Contract
The following is a list of Investment Portfolios under the Contract. More information about the Investment Portfolios is
available in the prospectuses for the Investment Portfolios, which may be amended from time to time and can be found online at https://dfinview.com/BHF/PUFT/BHF244. You can also request this information at no cost by calling (888)
243-1932 or sending an email request to rcg@brighthousefinancial.com. Depending on the optional benefits you choose, you may not be able to invest in certain Investment Portfolios. See Appendix B: Investment Portfolios Available Under the Benefits Offered Under the Contract.
The current expenses and performance information below reflects fees and expenses of the Investment
Portfolio, but do not reflect the other fees and expenses that your Contract may charge.
Expenses would be higher and performance would be lower if these other charges were included. Each Investment Portfolio’s past performance is not necessarily an indication of future performance.
| Investment Objectives |
Portfolio Company and
Adviser/Sub-Adviser |
Current
Expenses |
Average Annual
Total Returns
(as of 12/31/2025) | ||
| 1
Year |
5
Year |
10
Year | |||
| Seeks high total investment return. |
BlackRock Global Allocation V.I.
Fund — Class III# BlackRock Advisors, LLC Subadviser: BlackRock
(Singapore) Limited |
1.01% |
19.42% |
5.51% |
7.33% |
| Seeks capital appreciation and
current income. |
AB Global Dynamic Allocation
Portfolio — Class B* Brighthouse Investment Advisers, LLC Subadviser: AllianceBernstein
L.P. |
0.92% |
11.56% |
3.05% |
4.77% |
| Seeks to maximize total return. |
AB International Bond
Portfolio — Class B
Brighthouse Investment Advisers,
LLC
Subadviser: AllianceBernstein L.P. |
0.87% |
7.77% |
0.45% |
— |
| Seeks long-term capital appreciation. |
Allspring Mid Cap Value
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Allspring Global
Investments, LLC |
1.00% |
5.77% |
9.59% |
9.11% |
| Seeks growth of capital. |
American Funds® Aggressive
Allocation Portfolio — Class C‡ Brighthouse Investment Advisers, LLC |
0.99% |
19.90% |
9.30% |
10.88% |
| Seeks a balance between a high level
of current income and growth of
capital, with a greater emphasis on
growth of capital. |
American Funds® Balanced
Allocation Portfolio — Class C‡ Brighthouse Investment Advisers, LLC |
0.96% |
17.02% |
7.26% |
8.99% |
| Seeks to achieve growth of capital. |
American Funds® Growth
Portfolio — Class C
Brighthouse Investment Advisers,
LLC; Capital Research and
Management CompanySM |
0.90% |
19.88% |
13.02% |
17.60% |
A-1
| Investment Objectives |
Portfolio Company and
Adviser/Sub-Adviser |
Current
Expenses |
Average Annual
Total Returns
(as of 12/31/2025) | ||
| 1
Year |
5
Year |
10
Year | |||
| Seeks a high total return in the form
of income and growth of capital,
with a greater emphasis on income. |
American Funds® Moderate
Allocation Portfolio — Class C‡ Brighthouse Investment Advisers, LLC |
0.95% |
14.46% |
5.71% |
7.30% |
| Seeks capital appreciation and
current income. |
BlackRock Global Tactical Strategies
Portfolio — Class B#* Brighthouse Investment Advisers, LLC Subadviser: BlackRock Financial
Management, Inc. |
0.94% |
11.44% |
3.54% |
5.10% |
| Seeks to maximize total return,
consistent with income generation
and prudent investment
management. |
BlackRock High Yield
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: BlackRock Financial
Management, Inc. |
0.88% |
8.93% |
4.68% |
6.35% |
| Seeks growth of capital. |
Brighthouse Asset Allocation 100
Portfolio — Class B‡ Brighthouse Investment Advisers, LLC |
0.96% |
17.06% |
8.63% |
10.70% |
| Seeks a balance between a high level
of current income and growth of
capital, with a greater emphasis on
growth of capital. |
Brighthouse Balanced Plus
Portfolio — Class B* Brighthouse Investment Advisers, LLC Subadviser: Overlay Portion:
Pacific Investment Management Company
LLC |
1.17% |
11.95% |
1.31% |
5.83% |
| Seeks long-term capital appreciation. |
Brighthouse Small Cap Value
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Allspring Global
Investments, LLC |
1.03% |
-3.21% |
6.43% |
8.07% |
| Seeks a high level of current income. |
Brighthouse/Eaton Vance Floating
Rate Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Eaton Vance
Management |
0.95% |
3.81% |
4.75% |
4.59% |
| Seeks a high level of current income,
while seeking preservation of
shareholders’ capital. |
Brighthouse/Franklin Low Duration
Total Return Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Franklin Advisers,
Inc. |
0.75% |
5.25% |
2.14% |
2.23% |
| Seeks total return through
investment in real estate securities,
emphasizing both capital
appreciation and current income. |
CBRE Global Real Estate
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: CBRE Investment
Management Listed Real Assets
LLC |
0.91% |
6.75% |
4.03% |
3.95% |
A-2
| Investment Objectives |
Portfolio Company and
Adviser/Sub-Adviser |
Current
Expenses |
Average Annual
Total Returns
(as of 12/31/2025) | ||
| 1
Year |
5
Year |
10
Year | |||
| Seeks long-term capital appreciation. |
Harris Oakmark International
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Harris Associates
L.P. |
0.97% |
32.78% |
6.46% |
6.74% |
| Seeks total return. |
Invesco Balanced-Risk Allocation
Portfolio — Class B#* Brighthouse Investment Advisers, LLC Subadviser: Invesco Advisers,
Inc. |
0.97% |
13.14% |
3.77% |
5.80% |
| Seeks capital growth and income. |
Invesco Comstock
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Invesco Advisers,
Inc. |
0.81% |
17.31% |
15.15% |
11.83% |
| Seeks capital appreciation. |
Invesco Global Equity
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Invesco Advisers,
Inc. |
0.83% |
15.60% |
7.30% |
11.00% |
| Seeks long-term growth of capital. |
Invesco Small Cap Growth
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Invesco Advisers,
Inc. |
0.99% |
5.83% |
-0.91% |
9.00% |
| Seeks to maximize total return. |
JPMorgan Core Bond
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: J.P. Morgan
Investment Management Inc.
|
0.70% |
6.95% |
-0.19% |
2.02% |
| Seeks capital appreciation and
current income. |
JPMorgan Global Active Allocation
Portfolio — Class B#* Brighthouse Investment Advisers, LLC Subadviser: J.P. Morgan
Investment Management Inc.
|
0.98% |
13.92% |
3.68% |
5.77% |
| Seeks high total investment return
through a combination of capital
appreciation and income. |
Loomis Sayles Global Allocation
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Loomis, Sayles &
Company, L.P. |
1.04% |
12.59% |
6.25% |
9.22% |
| Seeks long-term growth of capital. |
Loomis Sayles Growth
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Loomis, Sayles &
Company, L.P. |
0.80% |
14.90% |
14.77% |
13.91% |
A-3
| Investment Objectives |
Portfolio Company and
Adviser/Sub-Adviser |
Current
Expenses |
Average Annual
Total Returns
(as of 12/31/2025) | ||
| 1
Year |
5
Year |
10
Year | |||
| Seeks a balance between growth of
capital and current income, with a
greater emphasis on growth of
capital. |
MetLife Multi-Index Targeted Risk
Portfolio — Class B* Brighthouse Investment Advisers, LLC Subadviser: Overlay Portion:
MetLife Investment Management,
LLC |
0.62% |
9.08% |
2.93% |
5.31% |
| Seeks capital appreciation. |
MFS® Research International
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Massachusetts
Financial Services Company
|
0.81% |
22.41% |
5.54% |
7.57% |
| Seeks total return. |
PanAgora Global Diversified Risk
Portfolio — Class B#* Brighthouse Investment Advisers, LLC Subadviser: PanAgora Asset
Management, Inc. |
1.01% |
19.84% |
0.66% |
5.01% |
| Seeks maximum real return,
consistent with preservation of
capital and prudent investment
management. |
PIMCO Inflation Protected Bond
Portfolio — Class B
Brighthouse Investment Advisers,
LLC
Subadviser: Pacific Investment Management Company LLC |
1.38% |
7.74% |
1.15% |
3.09% |
| Seeks maximum total return,
consistent with the preservation of
capital and prudent investment
management. |
PIMCO Total Return
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Pacific Investment
Management Company LLC
|
0.83% |
8.90% |
-0.07% |
2.30% |
| Seeks capital appreciation and
current income. |
Schroders Global Multi-Asset
Portfolio — Class B#* Brighthouse Investment Advisers, LLC Subadviser: Schroder Investment
Management North America
Inc. |
0.96% |
9.85% |
4.28% |
5.28% |
| Seeks to provide total return,
primarily through capital
appreciation. |
State Street Emerging Markets
Enhanced Index
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: SSGA Funds
Management, Inc |
0.80% |
34.14% |
6.04% |
— |
| Seeks growth of capital and income. |
State Street Moderate ETF
Portfolio — Class B‡ Brighthouse Investment Advisers, LLC Subadviser: SSGA Funds
Management, Inc. |
0.75% |
16.78% |
7.19% |
7.85% |
A-4
| Investment Objectives |
Portfolio Company and
Adviser/Sub-Adviser |
Current
Expenses |
Average Annual
Total Returns
(as of 12/31/2025) | ||
| 1
Year |
5
Year |
10
Year | |||
| Seeks growth of capital. |
State Street Moderately Aggressive
ETF Portfolio — Class B‡ Brighthouse Investment Advisers, LLC Subadviser: SSGA Funds
Management, Inc. |
0.78% |
19.23% |
9.01% |
9.31% |
| Seeks long-term capital appreciation
by investing in common stocks
believed to be undervalued. Income
is a secondary objective. |
T. Rowe Price Large Cap Value
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: T. Rowe Price
Associates, Inc. |
0.78% |
12.05% |
10.28% |
10.09% |
| Seeks long-term growth of capital. |
T. Rowe Price Mid Cap Growth
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: T. Rowe Price
Associates, Inc.
Sub-Subadviser: T. Rowe Price
Investment Management, Inc. |
0.95% |
3.42% |
3.83% |
9.77% |
| Seeks high total return by investing
in equity securities of mid-sized
companies. |
Victory Sycamore Mid Cap Value
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Victory Capital
Management Inc. |
0.85% |
2.29% |
9.62% |
9.58% |
| Seeks a high level of current income,
consistent with preservation of
principal. |
Western Asset Management
Government Income
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Western Asset
Management Company LLC
|
0.74% |
7.21% |
-1.27% |
1.21% |
| Seeks long-term growth of capital. |
Baillie Gifford International Stock
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Baillie Gifford
Overseas Limited |
0.99% |
18.96% |
0.70% |
7.34% |
| Seeks a competitive total return
primarily from investing in fixed-
income securities. |
BlackRock Bond Income
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: BlackRock Advisors,
LLC |
0.63% |
7.68% |
-0.42% |
2.12% |
| Seeks long-term growth of capital. |
BlackRock Capital Appreciation
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: BlackRock Advisors,
LLC |
0.81% |
12.91% |
10.79% |
15.51% |
A-5
| Investment Objectives |
Portfolio Company and
Adviser/Sub-Adviser |
Current
Expenses |
Average Annual
Total Returns
(as of 12/31/2025) | ||
| 1
Year |
5
Year |
10
Year | |||
| Seeks a high level of current income
consistent with prudent investment
risk and preservation of capital. |
BlackRock Ultra-Short Term Bond
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: BlackRock Advisors,
LLC |
0.62% |
3.89% |
2.83% |
1.85% |
| Seeks a high level of current income,
with growth of capital as a
secondary objective. |
Brighthouse Asset Allocation 20
Portfolio — Class B#‡ Brighthouse Investment Advisers, LLC |
0.93% |
9.25% |
2.06% |
3.97% |
| Seeks high total return in the form of
income and growth of capital, with a
greater emphasis on income. |
Brighthouse Asset Allocation 40
Portfolio — Class B‡ Brighthouse Investment Advisers, LLC |
0.91% |
11.50% |
3.84% |
5.69% |
| Seeks a balance between a high level
of current income and growth of
capital, with a greater emphasis on
growth of capital. |
Brighthouse Asset Allocation 60
Portfolio — Class B‡ Brighthouse Investment Advisers, LLC |
0.91% |
13.77% |
5.55% |
7.47% |
| Seeks growth of capital. |
Brighthouse Asset Allocation 80
Portfolio — Class B‡ Brighthouse Investment Advisers, LLC |
0.93% |
15.63% |
7.18% |
9.22% |
| Seeks long-term capital growth. |
Brighthouse/Artisan Mid Cap Value
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Artisan Partners
Limited Partnership |
1.03% |
1.57% |
6.77% |
8.05% |
| Seeks long-term capital appreciation. |
Brighthouse/Dimensional
International Small Company
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Dimensional Fund
Advisors LP |
1.03% |
35.85% |
8.30% |
8.14% |
| Seeks to provide a growing stream of
income over time and, secondarily,
long-term capital appreciation and
current income. |
Brighthouse/Wellington Core Equity
Opportunities Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Wellington
Management Company LLP
|
0.87% |
7.54% |
8.02% |
10.45% |
| Seeks maximum capital
appreciation. |
Frontier Mid Cap Growth
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Frontier Capital
Management Company, LLC
|
0.94% |
4.90% |
3.52% |
9.88% |
| Seeks long-term growth of capital. |
Jennison Growth
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Jennison Associates
LLC |
0.79% |
13.72% |
10.01% |
16.41% |
A-6
| Investment Objectives |
Portfolio Company and
Adviser/Sub-Adviser |
Current
Expenses |
Average Annual
Total Returns
(as of 12/31/2025) | ||
| 1
Year |
5
Year |
10
Year | |||
| Seeks to track the performance of
the Bloomberg U.S. Aggregate Bond
Index. |
MetLife Aggregate Bond Index
Portfolio — Class G# Brighthouse Investment Advisers, LLC Subadviser: MetLife Investment
Management, LLC |
0.56% |
6.79% |
-0.92% |
1.46% |
| Seeks to track the performance of
the Standard & Poor’s MidCap
400® Composite Stock Price
Index. |
MetLife Mid Cap Stock Index
Portfolio — Class G
Brighthouse Investment Advisers,
LLC
Subadviser: MetLife Investment Management, LLC |
0.60% |
6.82% |
8.48% |
10.10% |
| Seeks to track the performance of
the MSCI EAFE® Index. |
MetLife MSCI EAFE® Index
Portfolio — Class G
Brighthouse Investment Advisers,
LLC
Subadviser: MetLife Investment Management, LLC |
0.67% |
30.71% |
8.30% |
7.71% |
| Seeks to track the performance of
the Russell 2000® Index. |
MetLife Russell 2000® Index
Portfolio — Class G
Brighthouse Investment Advisers,
LLC
Subadviser: MetLife Investment Management, LLC |
0.60% |
12.37% |
5.68% |
9.22% |
| Seeks to track the performance of
the Standard & Poor’s 500®
Composite Stock Price Index. |
MetLife Stock Index
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: MetLife Investment
Management, LLC |
0.52% |
17.28% |
13.84% |
14.24% |
| Seeks capital appreciation. |
MFS® Value Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Massachusetts
Financial Services Company
|
0.83% |
13.00% |
9.84% |
9.99% |
| Seeks high total return, consisting
principally of capital appreciation. |
Neuberger Berman Genesis
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Neuberger Berman
Investment Advisers LLC
|
1.06% |
-4.74% |
2.62% |
8.86% |
| Seeks long-term growth of capital. |
T. Rowe Price Large Cap Growth
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: T. Rowe Price
Associates, Inc. |
0.81% |
15.45% |
9.37% |
14.10% |
| Seeks to maximize total return
consistent with preservation of
capital. |
Western Asset Management Strategic
Bond Opportunities
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Western Asset
Management Company LLC
|
0.82% |
8.88% |
1.17% |
3.77% |
A-7
| Investment Objectives |
Portfolio Company and
Adviser/Sub-Adviser |
Current
Expenses |
Average Annual
Total Returns
(as of 12/31/2025) | ||
| 1
Year |
5
Year |
10
Year | |||
| Seeks to maximize total return
consistent with preservation of
capital and maintenance of liquidity. |
Western Asset Management
U.S. Government
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Western Asset
Management Company LLC
|
0.75% |
6.81% |
0.35% |
1.57% |
| Seeks long-term growth of capital. |
Janus Henderson Global Sustainable
Equity Portfolio — Service Shares# Janus Henderson Investors US LLC |
0.99% |
17.26% |
— |
— |
#
Certain Investment Portfolios and
their investment advisers have entered into temporary expense reimbursements and/or fee waivers, which are reflected in the Current Expenses. Please see the Investment Portfolios' prospectuses for additional information regarding these arrangements.
‡
This
Investment Portfolio is a fund of funds and invests substantially all of its assets in other
underlying funds. Because the Investment Portfolio invests in other funds, it will bear its pro rata portion of the operating expenses of those underlying funds, including the management fee.
*
This
Investment Portfolio is managed in a way that is intended to minimize volatility of returns
(referred to as a “managed volatility strategy”). See “Investment Options” section in the prospectus.
A-8
APPENDIX B
Investment Portfolios Available
Under the Benefits Offered Under the Contract
If you have elected an optional benefit under the contract, your contract may be subject to investment allocation restrictions, as reflected in the following table. See “Investment Allocation Restrictions for Certain Riders” for more details. If your optional benefit is not included in the table below, your contract is not currently subject to any investment allocation restrictions.
| Optional Benefit |
| GMIB Max V |
| GMIB Max IV |
| GMIB Max III |
| GMIB Max II |
| GMIB Plus IV |
| GMIB Plus III |
| GWB v1 |
| Flex Choice GLWB |
| GLWB Death Benefit |
| EDB Max V |
| EDB Max IV |
| EDB Max III |
| EDB Max II |
| Enhanced Death Benefit III (EDB
III) |
| Enhanced Death Benefit II (EDB II)
|
You may not allocate Purchase Payments to the Standard Dollar Cost Averaging Program if you elect any of these optional
benefits.
Investment Allocation and Other Purchase Payment Restrictions for GMIB Max, EDB Max and GWB v1 Riders.
GMIB Max, EDB Max and GWB v1. If you elect the GMIB Max V or EDB Max V, or if you elected the
GMIB Max IV, GMIB Max III, GMIB Max II, EDB Max IV, EDB Max III or EDB Max II (all eight riders are referred to collectively as the “GMIB Max and EDB Max riders”) or if you elect the GWB v1 rider, you may allocate your
Purchase Payment and Account Value only among
the following Investment Portfolios:
| AB Global Dynamic Allocation Portfolio |
| BlackRock Global Tactical Strategies Portfolio |
| Brighthouse Balanced Plus Portfolio |
| Invesco Balanced-Risk Allocation Portfolio |
| JPMorgan Global Active Allocation Portfolio |
| MetLife Aggregate Bond Index Portfolio |
| MetLife Multi-Index Targeted Risk Portfolio |
| PanAgora Global Diversified Risk Portfolio |
| Schroders Global Multi-Asset Portfolio |
| Western Asset Management Government Income Portfolio |
Investment Allocation and Other
Purchase Payment Restrictions for GMIB Plus IV, EDB III, GMIB Plus III,
and EDB II
If you elect the GMIB Plus IV rider, the Enhanced Death Benefit III rider, the GMIB Plus III rider, or the Enhanced Death Benefit II rider, you must allocate 100% of your Purchase Payments or Account Value among
the following Investment Portfolios:
B-1
| BlackRock Global Allocation V.I. Fund |
| AB Global Dynamic Allocation Portfolio |
| American Funds® Balanced Allocation Portfolio |
| American Funds® Moderate Allocation Portfolio |
| BlackRock Global Tactical Strategies Portfolio |
| BlackRock Ultra-Short Term Bond Portfolio |
| Brighthouse Asset Allocation 20 Portfolio |
| Brighthouse Asset Allocation 40 Portfolio |
| Brighthouse Asset Allocation 60 Portfolio |
| Brighthouse Balanced Plus Portfolio |
| Invesco Balanced-Risk Allocation Portfolio |
| JPMorgan Global Active Allocation Portfolio |
| MetLife Multi-Index Targeted Risk Portfolio |
| PanAgora Global Diversified Risk Portfolio |
| Schroders Global Multi-Asset Portfolio |
| State Street Moderate ETF Portfolio |
FlexChoice GLWB and the GWLB Death Benefit. For contracts issued with FlexChoice GLWB with or without the GLWB Death Benefit, you must allocate a
minimum of 80% of your investments to Platform 1 and you may allocate a maximum of 20% of your investment to Platform 2 below. You select the amount to invest (by
percentage) in the funds under the contract, but the amount of Purchase Payments or Account Value that
you allocate to the groups identified below must comply with the specified minimums or maximums percentages for those groups. We will automatically rebalance your allocations quarterly.
| Platform 1 |
Platform 2 |
| A minimum of 80% of your Purchase Payments
or Account Value |
A maximum of 20% of Purchase Payments or
Account Value |
| AB Global Dynamic Allocation Portfolio |
American Funds® Balanced Allocation
Portfolio |
| BlackRock Global Tactical Strategies Portfolio |
American Funds® Moderate Allocation
Portfolio |
| Brighthouse Balanced Plus Portfolio |
Brighthouse Asset Allocation 20 Portfolio |
| Invesco Balanced-Risk Allocation Portfolio |
Brighthouse Asset Allocation 40 Portfolio |
| JPMorgan Global Active Allocation Portfolio |
Brighthouse Asset Allocation 60 Portfolio |
| MetLife Aggregate Bond Index Portfolio |
State Street Moderate ETF Portfolio |
| MetLife Multi-Index Targeted Risk Portfolio |
|
| PanAgora Global Diversified Risk Portfolio |
|
| Schroders Global Multi-Asset Portfolio |
|
| Western Asset Management Government Income Portfolio |
|
B-2
The prospectus, as
supplemented, and statement of additional information (“SAI”), dated May 1, 2016, include additional information. The prospectus, as supplemented, and SAI are
available, without charge, upon request. For a free copy, call us at (888) 243-1932, or send an email request to rcg@brighthousefinancial.com. You can also access other information about the Contract online at https://dfinview.com/BHF/PUFT/BHF244.
Reports and other information about the Separate Account are available on the SEC’s website at https://www.sec.gov/ and copies of this information may be obtained, upon payment of a duplicating fee, by
electronic request at the following email address: publicinfo@sec.gov.
The Financial Industry Regulatory Authority (“FINRA”) provides background information about broker-dealers and their registered representatives through FINRA BrokerCheck. You may contact the FINRA BrokerCheck Hotline at 1-800-289-9999, or log on to www.finra.org. An investor brochure that includes information describing FINRA BrokerCheck
is available through the Hotline or on-line.
We are not a
fiduciary and do not give advice or make recommendations regarding insurance or investment products. Ask your financial representative for guidance regarding any requests
or elections and for information about your particular investment needs. Please bear in mind that your financial representative, or any financial firm or financial
professional you consult to provide advice, is acting on your behalf. We are not a party to any agreement between you and your financial professional. We do not recommend and are not responsible for any securities transactions or investment strategies involving securities (including account recommendations).
EDGAR Contract Identifier No. is C000151821