N-4
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Sep. 02, 2025
USD ($)
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| Prospectus: |
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| Document Type |
N-4/A
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| Entity Registrant Name |
USL Separate Account RS
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| Entity Central Index Key |
0002041358
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| Entity Investment Company Type |
N-4
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| Document Period End Date |
Sep. 02, 2025
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| Amendment Flag |
false
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| USL Portfolio Director NY SP (333-283470) |
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| Prospectus: |
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| Fees and Expenses [Text Block] |
Charges for Early Withdrawals |
There are no surrender or withdrawal charges under the Contract. |
Fee Tables Fees and Charges – Surrender Charge |
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You may be charged for other transactions other than surrenders. •In certain states, you may be subject to a loan application fee and loan interest if you request a loan under the Contract. •If you transfer amounts from the Fixed Account Plus option to another investment option under the Contract (or to another funding entity while you are still employed with the group) in excess of the annual limit, you may be subject to a charge of 5% on the excess amount transferred. •There may also be taxes on Purchase Payments. |
Fee Tables Fees and Charges |
Ongoing Fees and Expenses (annual charges) |
The table below describes the current fees and expenses of the Contract that you may pay each year, depending on the options 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. The fees and expenses do not reflect any advisory fees paid to an investment adviser from the Contract. If such charges were reflected, the fees and expenses would be higher. Interest on Contract loans is not reflected below. |
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(varies by Contract class) |
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1 As a percentage of average daily net asset value allocated to a Variable Account Option. 2 As a percentage of Fund net assets. |
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 surrender charges that substantially increase costs. |
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Highest Annual Cost: $1,132 |
Assumes: •Investment of $100,000 •5% annual appreciation •Least expensive combination of base Contract classes and Fund fees and expenses •No optional benefits •No surrender charges or advisory fees •No loans or additional Purchase Payments, transfers, or withdrawals |
Assumes: •Investment of $100,000 •5% annual appreciation •Most expensive combination of base Contract classes and Fund fees and expenses •No surrender charges or advisory fees •No loans or additional Purchase Payments, transfers, or withdrawals |
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| Charges for Early Withdrawals [Text Block] |
Charges for Early Withdrawals |
There are no surrender or withdrawal charges under the Contract. |
Fee Tables Fees and Charges – Surrender Charge |
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| Transaction Charges [Text Block] |
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You may be charged for other transactions other than surrenders. •In certain states, you may be subject to a loan application fee and loan interest if you request a loan under the Contract. •If you transfer amounts from the Fixed Account Plus option to another investment option under the Contract (or to another funding entity while you are still employed with the group) in excess of the annual limit, you may be subject to a charge of 5% on the excess amount transferred. •There may also be taxes on Purchase Payments. |
Fee Tables Fees and Charges |
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| Ongoing Fees and Expenses [Table Text Block] |
Ongoing Fees and Expenses (annual charges) |
The table below describes the current fees and expenses of the Contract that you may pay each year, depending on the options 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. The fees and expenses do not reflect any advisory fees paid to an investment adviser from the Contract. If such charges were reflected, the fees and expenses would be higher. Interest on Contract loans is not reflected below. |
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(varies by Contract class) |
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1 As a percentage of average daily net asset value allocated to a Variable Account Option. 2 As a percentage of Fund net assets. |
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 surrender charges that substantially increase costs. |
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Highest Annual Cost: $1,132 |
Assumes: •Investment of $100,000 •5% annual appreciation •Least expensive combination of base Contract classes and Fund fees and expenses •No optional benefits •No surrender charges or advisory fees •No loans or additional Purchase Payments, transfers, or withdrawals |
Assumes: •Investment of $100,000 •5% annual appreciation •Most expensive combination of base Contract classes and Fund fees and expenses •No surrender charges or advisory fees •No loans or additional Purchase Payments, transfers, or withdrawals |
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| Base Contract (of Average Annual Net Assets) (N-4) Minimum [Percent] |
0.20%
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| Base Contract (of Average Annual Net Assets) (N-4) Maximum [Percent] |
0.20%
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| Base Contract (N-4) Footnotes [Text Block] |
1 As a percentage of average daily net asset value allocated to a Variable Account Option.
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| Investment Options (of Other Amount) Minimum [Percent] |
0.015%
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| Investment Options (of Other Amount) Maximum [Percent] |
0.91%
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| Investment Options Footnotes [Text Block] |
2 As a percentage of Fund net assets.
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| Lowest Annual Cost [Dollars] |
$ 220
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| Highest Annual Cost [Dollars] |
$ 1,132
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| Risks [Table Text Block] |
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You can lose money by investing in this Contract, including your principal investment. |
Principal Risks of Investing in the Contract |
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| Investment Restrictions [Text Block] |
Certain investment options may not be available under your Contract.•You may transfer funds between the investment options, subject to certain restrictions.•If you are enrolled in an Advisory Program, you are personally prohibited from making transfers among investment options in the Contract. During such period, transfer instructions may only be provided by the Investment Adviser. If you terminate the Advisory Program, you may make transfers among the investment options subject to certain restrictions.•Transfers between the investment options, as well as certain purchases and redemptions, are subject to policies designed to deter market timing and frequent transfers.•Transfers to and from the Fixed Account Options are subject to special restrictions.•Early withdrawals and transfers from a Multi-Year Enhanced Option may be subject to negative adjustments.•We reserve the right to remove or substitute Funds as investment options•We reserve the right to stop accepting additional Purchase Payments
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| Optional Benefit Restrictions [Text Block] |
If you are participating in an Advisory Program and your Investment Adviser’s fees are deducted from your Contract, the deduction of those fees may reduce the death benefit and any other guaranteed benefit, and may be subject to surrender charges, federal and state income taxes and a 10% federal penalty tax.
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| Tax Implications [Text Block] |
You should consult with a tax professional to determine the tax implications of an investment in and payments received under the Contract.•If you purchase the Contract through a tax-qualified plan, there is no additional tax benefit under the Contract.•Withdrawals, including withdrawals to pay your Investment Adviser’s fees, may be subject to ordinary income tax. You may have to pay a tax penalty if you take a withdrawal before age 59½.
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| Investment Professional Compensation [Text Block] |
Your financial professional may receive compensation for selling this Contract to you in the form of commissions, additional cash compensation, and non-cash compensation. We may share the revenue we earn on this Contract with your financial professional’s firm, which may be an affiliate. This conflict of interest may influence your financial professional to recommend this Contract over another investment for which the financial professional is not compensated or compensated less.You may determine to engage our affiliate registered investment adviser, VFA, to provide investment advice to you for the Contract. VFA will charge an Advisory Program Fee. We do not set your investment advisory fee. While USL will deduct the Advisory Program Fee from your Account Value based on instructions from your Investment Adviser, we do not retain any portion of these fees. USL, as an affiliate of VFA, will indirectly benefit from VFA’s receipt of Advisory Program Fees.In addition, Investment Advisers and their managers are eligible for benefits from us or our affiliates, such as non-cash compensation items.One or more of these conflicts of interest may influence your financial professional to recommend this Contract over another investment.
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| Exchanges [Text Block] |
Some financial professionals may have a financial incentive to offer you a new contract in place of the one you already own. You should exchange a contract you already own only if you determine, after comparing the features, fees, and risks of both contracts as well as 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.
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| Item 4. Fee Table [Text Block] |
The following tables describe the fees and expenses that you will pay when buying, owning, and surrendering or making withdrawals from the Contract. 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. The fees and expenses below do not reflect any advisory fees paid to your Investment Adviser from Contract or other assets. If such charges were reflected, the fees and expenses would be higher.The first table describes the fees and expenses that you will pay at the time that you buy the Contract, surrender, or make withdrawals from the Contract, or transfer cash value between investment options. State premium taxes may also be deducted.Transaction Expenses
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Maximum Loan Application Fee (per loan) |
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Fixed Account Plus Excess Transfer Charge |
| The following tables describe the fees and expenses that you will pay each year during the time that you own the Contract, not including Fund fees and expenses. If you have chosen to purchase an optional benefit, you pay additional charges, as shown below.Annual Contract Expenses
Annual Variable Investment Option Maintenance Charge |
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Base Contract Expenses(2) (as a percentage of average daily net asset value allocated to the Variable Investment Option) |
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Optional Benefit Expenses |
Loan Interest Charges (as a percentage of average daily value allocated to the Fixed Account Option) |
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| 1 Contracts that are not issued as part of a retirement plan subject to The Employee Retirement Income Security Act of 1974 (ERISA) including 457 Plans and retirement plans administered by government entities and churches, as well as IRAs and Non-Qualified Deferred Annuities.
2 Contracts that are issued as part of employer-sponsored retirement plans subject to ERISA including 401(k) and certain 403(b) defined contribution plans.3 The Non-ERISA Loan Interest Charges will vary based on the Guaranteed Minimum Interest Rate (GMIR) on your contract. Please refer to your contract for your GMIR.4 The ERISA Loan Interest Charges are variable rates based upon an index prescribed under applicable state insurance rules for policy loans. Loan Interest Charges for an existing loan will not increase, but may decrease, during the term of the loan.Annual Fund ExpensesThe next table shows the minimum and maximum total operating expenses charged by the Funds that you may pay periodically during the time that you own the Contract. A complete list of Funds available under the Contract, including their annual expenses, may be found in Appendix A of this document.
Annual Fund Expenses (expenses that are deducted from Fund assets, including management fees, distribution and/or service (12b-1) fees (if applicable), and other expenses) |
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| Footnotes to the Fee Tables(1) Transfers from the Fixed Account Plus option are limited to 20% per Participant Year. See “Transfers Between Investment Options.” Transfers in excess of this limitation will be permitted; however, the excess amount transferred will be subject to a charge of 5% on the excess amount transferred. Withdrawals from the Fixed Account Plus Option to another funding entity are considered “transfers” for purposes of this limitation. See “Fees and Charges – Fixed Account Plus Transfer Charge.”(2) Also referred to as “Separate Account Charges.”(3) The Funds with the lowest total annual fund operating expenses is the Fidelity 500 Index.(4) The Fund with the highest total annual fund operating expenses is the Impax Global Environmental Markets Institutional Shares.Examples These examples are intended to help you compare the cost of investing in the Funds with the cost of investing in other variable annuity contracts. These costs include transaction expenses, annual Contract expenses, and annual Fund expenses.
These examples assume all Contract value is allocated to the Variable Investment Options. Your costs could differ from those shown below if you invest in the Fixed Account Options.Each example assumes that you invest a single Purchase Payment of $100,000 in the Funds for the time periods indicated. Each example also assumes your investment has a 5% return each year and assumes the most expensive combination of annual Contract expenses and annual Fund expenses as well as optional benefits. None of the examples include the effect of premium taxes upon annuitization, or the effect of any advisory fees paid to your Investment Adviser from the Contract. If these fees and charges were reflected, the costs would be higher. Your actual costs may be higher or lower than the examples below.
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| Transaction Expenses [Table Text Block] |
Transaction Expenses
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Maximum Loan Application Fee (per loan) |
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Fixed Account Plus Excess Transfer Charge |
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| Deferred Sales Load (of Amount Surrendered), Maximum [Percent] |
0.00%
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| Exchange Fee (of Amount Exchanged), Maximum [Percent] |
5.00%
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| Exchange Fee, Footnotes [Text Block] |
Transfers from the Fixed Account Plus option are limited to 20% per Participant Year. See “Transfers Between Investment Options.” Transfers in excess of this limitation will be permitted; however, the excess amount transferred will be subject to a charge of 5% on the excess amount transferred. Withdrawals from the Fixed Account Plus Option to another funding entity are considered “transfers” for purposes of this limitation. See “Fees and Charges – Fixed Account Plus Transfer Charge.”
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| Annual Contract Expenses [Table Text Block] |
The following tables describe the fees and expenses that you will pay each year during the time that you own the Contract, not including Fund fees and expenses. If you have chosen to purchase an optional benefit, you pay additional charges, as shown below.Annual Contract Expenses
Annual Variable Investment Option Maintenance Charge |
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Base Contract Expenses(2) (as a percentage of average daily net asset value allocated to the Variable Investment Option) |
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Optional Benefit Expenses |
Loan Interest Charges (as a percentage of average daily value allocated to the Fixed Account Option) |
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| 1 Contracts that are not issued as part of a retirement plan subject to The Employee Retirement Income Security Act of 1974 (ERISA) including 457 Plans and retirement plans administered by government entities and churches, as well as IRAs and Non-Qualified Deferred Annuities.
2 Contracts that are issued as part of employer-sponsored retirement plans subject to ERISA including 401(k) and certain 403(b) defined contribution plans.3 The Non-ERISA Loan Interest Charges will vary based on the Guaranteed Minimum Interest Rate (GMIR) on your contract. Please refer to your contract for your GMIR.4 The ERISA Loan Interest Charges are variable rates based upon an index prescribed under applicable state insurance rules for policy loans. Loan Interest Charges for an existing loan will not increase, but may decrease, during the term of the loan.
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| Base Contract Expense (of Average Account Value), Maximum [Percent] |
0.20%
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| Base Contract Expense (of Average Account Value), Current [Percent] |
0.20%
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| Base Contract Expense, Footnotes [Text Block] |
Also referred to as “Separate Account Charges.”
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| Other Annual Expense, Current [Dollars] |
$ 0
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| Annual Portfolio Company Expenses [Table Text Block] |
Annual Fund ExpensesThe next table shows the minimum and maximum total operating expenses charged by the Funds that you may pay periodically during the time that you own the Contract. A complete list of Funds available under the Contract, including their annual expenses, may be found in Appendix A of this document.
Annual Fund Expenses (expenses that are deducted from Fund assets, including management fees, distribution and/or service (12b-1) fees (if applicable), and other expenses) |
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| Portfolio Company Expenses [Text Block] |
Annual Fund Expenses(expenses that are deducted from Fund assets, including management fees, distribution and/or service (12b-1) fees (if applicable), and other expenses)
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| Portfolio Company Expenses Minimum [Percent] |
0.015%
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| Portfolio Company Expenses Maximum [Percent] |
0.91%
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| Portfolio Company Expenses, Footnotes [Text Block] |
(3) The Funds with the lowest total annual fund operating expenses is the Fidelity 500 Index.(4) The Fund with the highest total annual fund operating expenses is the Impax Global Environmental Markets Institutional Shares.
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| Surrender Expense, 1 Year, Maximum [Dollars] |
$ 1,132
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| Surrender Expense, 1 Year, Minimum [Dollars] |
220
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| Surrender Expense, 3 Years, Maximum [Dollars] |
3,531
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| Surrender Expense, 3 Years, Minimum [Dollars] |
693
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| Surrender Expense, 5 Years, Maximum [Dollars] |
6,125
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| Surrender Expense, 5 Years, Minimum [Dollars] |
1,214
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| Surrender Expense, 10 Years, Maximum [Dollars] |
13,564
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| Surrender Expense, 10 Years, Minimum [Dollars] |
2,756
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| Annuitized Expense, 1 Year, Maximum [Dollars] |
1,132
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| Annuitized Expense, 1 Year, Minimum [Dollars] |
220
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| Annuitized Expense, 3 Years, Maximum [Dollars] |
3,531
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| Annuitized Expense, 3 Years, Minimum [Dollars] |
693
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| Annuitized Expense, 5 Years, Maximum [Dollars] |
6,125
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| Annuitized Expense, 5 Years, Minimum [Dollars] |
1,214
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| Annuitized Expense, 10 Years, Maximum [Dollars] |
13,564
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| Annuitized Expense, 10 Years, Minimum [Dollars] |
2,756
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| No Surrender Expense, 1 Year, Maximum [Dollars] |
1,132
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| No Surrender Expense, 1 Year, Minimum [Dollars] |
220
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| No Surrender Expense, 3 Years, Maximum [Dollars] |
3,531
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| No Surrender Expense, 3 Years, Minimum [Dollars] |
693
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| No Surrender Expense, 5 Years, Maximum [Dollars] |
6,125
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| No Surrender Expense, 5 Years, Minimum [Dollars] |
1,214
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| No Surrender Expense, 10 Years, Maximum [Dollars] |
13,564
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| No Surrender Expense, 10 Years, Minimum [Dollars] |
$ 2,756
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| Item 5. Principal Risks [Table Text Block] |
Risk of Loss. Variable annuities involve risks, including possible loss of principal. Your losses could be significant. This Contract is not a deposit or obligation of, or guaranteed or endorsed by, any bank. This Contract is not federally insured by the Federal Deposit Insurance Corporation, the Federal Reserve Board, or any other agency.Short-Term Investment Risk. This Contract is not designed for short-term investing and may not be appropriate for an investor who needs ready access to cash. The benefits of tax deferral and long-term income mean that this Contract is more beneficial to investors with a long-time horizon.Group Plan Risk. The Contract is primarily designed to be purchased by an employer for use in a retirement plan. Your participation in a group Contract will be subject to the terms and conditions of your retirement plan and applicable law. This may impact your ability to make Purchase Payments, request withdrawals or loans, select payout options, or take other actions under the Contract. If the Contract is being used in a retirement plan through your employer, you should always refer to the terms and conditions in your employer’s plan when reviewing the description of the Contract in this prospectus.Withdrawal Risk. You should carefully consider the risks associated with withdrawals under the Contract. A withdrawal may reduce the value of your standard and optional benefits such as the death benefit or other guaranteed benefits. If you take a loan from your account, the amount of this loan and interest accrued therein may also reduce the value of the standard and optional benefits while (i) the loan is in the process of being paid off, (ii) if the loan is never paid off, or (iii) if you default on the loan. Additionally, your interest payments can never be recovered and, therefore, indirectly lower the Contract value based on the loan you took against it. The reductions may be more than the amount withdrawn. Excess transfers from the Fixed Account Plus option (including withdrawals from the Fixed Account Plus option for the purpose of transferring assets to another funding entity) may be subject to a charge. If you make a withdrawal prior to age 59½, there may be adverse tax consequences, including a 10% federal tax penalty. A total withdrawal (surrender) will result in the termination of your Contract or certificate. We may defer payment of withdrawals from a Fixed Account Option for up to six months when permitted by law.Variable Investment Option Risk. Amounts that you invest in the Variable Investment Options are subject to the risk of poor investment performance. You assume the investment risk. Generally, if the Variable Investment Options that you select make money, your Account Value goes up, and if they lose money, your Account Value goes down. Each Variable Investment Option’s performance depends on the performance of its underlying Mutual Fund. Each Mutual Fund has its own investment risks, and you are exposed to the Mutual Fund’s investment risks when you invest in a Variable Investment Option. You are responsible for selecting Variable Investment Options that are appropriate for you based on your own individual circumstances, investment goals, financial situation, and risk tolerance.Deduction of Advisory Program Fee Risk. If the Advisory Program fees payable to your investment adviser are deducted from the Contract, such deductions may reduce the death benefit and other annuity benefits, decrease the Account Value allocated to the Fixed Account Options and result in a reduction of Purchase Units & Payout Payments. The amounts deducted from your Contract for payment of Advisory Program Fees may be subject to surrender charges, federal and state income taxes and a 10% federal penalty tax.Loan Risk. If you take a loan under the Contract, interest will accrue on any outstanding loan amounts until they are repaid and, depending on the state, you may be required to pay a loan application fee to us. Minimum Account Value Risk. If your Account Value falls below $300 and you do not make any Purchase Payments for at least two (2) Participant Years, we may close the account and pay the Account Value to you. Any such account closure will be subject to applicable distribution restrictions under the Contract and/or under your employer’s plan.Financial Strength and Claims-Paying Ability Risk. All guarantees under the Contract, including the Fixed Account Options, that are paid from our General Account are subject to our financial strength and claims-paying ability. If we experience financial distress, we may not be able to meet our obligations to you. Business Disruption. Our business is also vulnerable to disruptions from natural and man-made disasters and catastrophes, such as but not limited to hurricanes, windstorms, flooding, earthquakes, wildfires, solar storms, war or other military action, acts of terrorism, explosions and fires, pandemic (such as COVID-19) and other highly contagious diseases, mass torts, failure of telecommunications or other critical infrastructure and other catastrophes. A natural or man-made disaster or catastrophe may negatively affect the computer and other systems on which we rely, and may also interfere with our ability to receive, pick up and process mail, to calculate Purchase Unit values, process other contract-related transactions, or otherwise provide our services, or have other possible negative impacts. While we have developed and put in place what we believe to be appropriate business continuity and disaster recovery plans and procedures to mitigate operational risks and potential losses related to business disruptions resulting from natural and man-made disasters and catastrophes, there can be no assurance that we, our agents, the underlying Funds or our service providers will be able to successfully avoid negative impacts resulting from such disasters and catastrophes.Cybersecurity Risk. We rely heavily on interconnected computer systems and digital data to conduct our variable product business activities. Because our variable product business is highly dependent upon the effective operation of our computer systems and those of our business partners and service providers, our business is vulnerable to physical disruptions and utility outages, and susceptible to operational and information security risks resulting from information systems failure (e.g., hardware and software malfunctions), cyber-attacks, user error or other disruptions to the confidentiality, integrity, or availability of such systems and data. These risks include, among other things, the theft, misuse, corruption, disclosure and destruction of sensitive business data, including personal information, maintained on our or our business partners’ or service providers’ systems, interference with or denial of service attacks on websites and other operational disruptions and/or unauthorized release of confidential customer information, including as a result of social engineering attacks or employee malfeasance. Such systems failures and cyber-attacks or incidents affecting us, any third-party administrator, the underlying Funds, intermediaries and other affiliated or third-party service providers, as well as our distribution partners, may adversely affect us and your contract value. For instance, systems failures and cyber-attacks may interfere with our processing of contract transactions, including the processing of orders from our website, our distribution partners, or with the underlying Funds, impact our ability to calculate Purchase Unit values, cause the release and possible destruction of confidential customer or business information, impede order processing, subject us and/or our service providers, distribution partners and other intermediaries to regulatory fines and enforcement action, litigation risks and financial losses and/or cause reputational damage. Cyber security risks may also impact the issuers of securities in which the underlying Funds invest, which may cause the affected underlying Funds to lose value. There may be an increased risk of cyber-attacks during periods of geo-political or military conflict. Despite our implementation of policies and procedures, which we believe to be reasonable, that address physical, administrative and technical safeguards and controls and other preventative actions to protect our systems and sensitive business and customer information and reduce the risk of cyber-incidents, there can be no assurance that we or our distribution partners or the underlying Funds or our service providers will avoid cyber-attacks or information security breaches in the future that may affect your contract and/or personal information.
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| Item 10. Benefits Available (N-4) [Text Block] |
Benefits Available Under the Contract
The following tables summarize information about the benefits available under the Contract.
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Brief Description of Restrictions / Limitations |
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Provides a death benefit based on the greater of Account Value or net Purchase Payments |
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•Payable only during the Purchase Period •Payable if death occurs at any age •Withdrawals, including withdrawals to pay your advisory fees, may significantly reduce the benefit •If you have elected to enroll in the Advisory Program, the Advisory Program Fees may reduce the death benefit. Please see “Impact of the Deduction of Advisory Program Fees in Death Benefits” in the “Death Benefits” section below |
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Allows you to automatically receive withdrawals on a regular basis during the Purchase Period |
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•No more than one systematic withdrawal election may be in effect at any time •We reserve the right to discontinue any or all systematic withdrawals or to change the terms at any time |
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Provides tax-free access to amounts invested in Fixed Account Options |
$75 application fee (per loan, where permitted by state law1) Maximum net interest rate 6% |
•Available only during the Purchase Period •May not be taken against amounts invested in Variable Investment Options •Interest will accrue on outstanding loan amounts •Minimum loan amount is $1,000 |
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Brief Description of Restrictions / Limitations |
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The investment advice service provided by your Investment Adviser |
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•A separate investment advisory fee and agreement is required •May not be available under your employer’s retirement plan or in connection with your Contract •If you pay any investment adviser fee from the Contract, any deduction may reduce the death benefit and annuity benefits, and may be subject to surrender charges, federal and state income taxes and a 10% federal penalty tax. •Currently, we do not honor investment adviser transfer requests in connection with Advisory Programs that are offered through third-party Investment Advisers. •You are encouraged to discuss the Advisory Program with your financial professional and the impact that Advisory Program Fees may have on your Contract Value before electing to enroll in the Advisory Program. For more information about how the deduction of Advisory Program Fees may affect your Contract, please see “Impact of Deduction of Advisory Program Fee on Purchase Payments” in the “Purchase Period” section above, “Impact of Advisory Program Fees on Payment Payments” in the “Payout Period” section above, and the “Impact of the Deduction of Advisory Program Fees on Death Benefit” in the “Death Benefits” section below. | 1 For more information about where applicable loan fees are permitted, please see “Appendix B – State Contract Variability” in the Prospectus.
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| Benefits Available [Table Text Block] |
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Brief Description of Restrictions / Limitations |
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Provides a death benefit based on the greater of Account Value or net Purchase Payments |
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•Payable only during the Purchase Period •Payable if death occurs at any age •Withdrawals, including withdrawals to pay your advisory fees, may significantly reduce the benefit •If you have elected to enroll in the Advisory Program, the Advisory Program Fees may reduce the death benefit. Please see “Impact of the Deduction of Advisory Program Fees in Death Benefits” in the “Death Benefits” section below |
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Allows you to automatically receive withdrawals on a regular basis during the Purchase Period |
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•No more than one systematic withdrawal election may be in effect at any time •We reserve the right to discontinue any or all systematic withdrawals or to change the terms at any time |
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Provides tax-free access to amounts invested in Fixed Account Options |
$75 application fee (per loan, where permitted by state law1) Maximum net interest rate 6% |
•Available only during the Purchase Period •May not be taken against amounts invested in Variable Investment Options •Interest will accrue on outstanding loan amounts •Minimum loan amount is $1,000 |
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Brief Description of Restrictions / Limitations |
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The investment advice service provided by your Investment Adviser |
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•A separate investment advisory fee and agreement is required •May not be available under your employer’s retirement plan or in connection with your Contract •If you pay any investment adviser fee from the Contract, any deduction may reduce the death benefit and annuity benefits, and may be subject to surrender charges, federal and state income taxes and a 10% federal penalty tax. •Currently, we do not honor investment adviser transfer requests in connection with Advisory Programs that are offered through third-party Investment Advisers. •You are encouraged to discuss the Advisory Program with your financial professional and the impact that Advisory Program Fees may have on your Contract Value before electing to enroll in the Advisory Program. For more information about how the deduction of Advisory Program Fees may affect your Contract, please see “Impact of Deduction of Advisory Program Fee on Purchase Payments” in the “Purchase Period” section above, “Impact of Advisory Program Fees on Payment Payments” in the “Payout Period” section above, and the “Impact of the Deduction of Advisory Program Fees on Death Benefit” in the “Death Benefits” section below. |
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| Name of Benefit [Text Block] |
Name of Benefit
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| Purpose of Benefit [Text Block] |
Purpose
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| Brief Restrictions / Limitations [Text Block] |
Brief Description of Restrictions / Limitations
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| Name of Benefit [Text Block] |
Name of Benefit
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| Item 17. Portfolio Companies (N-4) [Text Block] |
The availability of certain Funds can vary based on your employer. Refer to your employer’s retirement program documents for a list of the employer-selected funds available in your Contract and any limitations on the number of Funds you may choose. All Funds may not be available for all plans or Contracts.The following is a list of Funds available under the Contract. More information about the Funds is available in the prospectuses for the Funds, which may be amended from time to time and can be found online at www.corebridgefinancial.com/rs/suny/prospectus-and-reports. You can also request this information at no cost by calling 1-800-448-2542. The current expenses and performance information below reflect fees and expenses of the Funds, 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 Fund’s past performance is not necessarily an indication of future performance.
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Fund – Share Class Adviser/Sub-Adviser1 |
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Average Annual Total Returns (as of Dec. 31, 2024) |
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10 Year (or life of fund) |
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Vanguard Target Retirement 2020 Fund Adviser: The Vanguard Group, Inc. |
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Vanguard Target Retirement 2025 Fund Adviser: Vanguard |
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Vanguard Target Retirement 2030 Fund Adviser: Vanguard |
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Vanguard Target Retirement 2035 Fund Adviser: Vanguard |
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Vanguard Target Retirement 2040 Fund Adviser: Vanguard |
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Vanguard Target Retirement 2045 Fund Adviser: Vanguard |
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Vanguard Target Retirement 2050 Fund Adviser: Vanguard |
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Vanguard Target Retirement 2055 Fund Adviser: Vanguard |
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Vanguard Target Retirement 2060 Fund Adviser: Vanguard |
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Vanguard Target Retirement 2065 Fund Adviser: Vanguard |
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Vanguard Target Retirement 2070 Fund Adviser: Vanguard |
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Vanguard Target Retirement Income Fund Adviser: Vanguard |
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Fund – Share Class Adviser/Sub-Adviser1 |
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Average Annual Total Returns (as of Dec. 31, 2024) |
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10 Year (or life of fund) |
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Fidelity 500 Index Adviser: Fidelity Management & Research Company LLC Sub-Adviser: Geode Capital Management, LLC |
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Vanguard FTSE Social Index I Adviser: Vanguard |
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Fidelity Mid Cap Index Adviser: Fidelity Sub-Adviser: Geode |
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Fidelity Small Cap Index Adviser: Fidelity Sub-Adviser: Geode |
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Fidelity Total International Index Adviser: Fidelity Sub-Adviser: Geode |
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Fidelity U.S. Bond Index Adviser: Fidelity Sub-Adviser: Geode |
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Vanguard Federal Money Market – Investor Class Adviser: Vanguard |
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Nuveen Core Impact Bond – Class R6 Adviser: Teachers Advisors, LLC |
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Allspring Core Plus Bond – Class R6 Adviser: Allspring Funds Management, LLC Sub-Adviser: Allspring Global Investments, LLC |
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Fidelity Inflation-Protected Bond Index Adviser: Fidelity |
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PGIM High Yield – Class R6 Adviser: PGIM Fixed Income Sub-Adviser: PGIM Limited |
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Vanguard Equity- Income – Admiral Shares Advisers: Vanguard and Wellington Management Company LLP |
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Parnassus Core Equity – Investor Shares Adviser: Parnassus Investment, LLC |
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JPMorgan Large Cap Growth – Class R6 Adviser: J.P. Morgan Investment Management Inc. |
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Victory Sycamore Established Value – Class R6 Adviser: Victory Capital Management Inc. |
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T. Rowe Price Diversified Mid-Cap Growth – I Class Adviser: T. Rowe Price Associates, Inc. |
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Impax Global Environmental Markets – Institutional Class Adviser: Impax Asset Management LLC Sub-Adviser: Impax Asset Management Ltd. |
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America Funds Europacific Growth – Class R6 Adviser: Capital Research and Management Company |
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Franklin Small Cap Value – Class R6 Adviser: Franklin Mutual Advisers, LLC |
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Vanguard Explorer – Admiral Shares Advisers: Vanguard, ArrowMark Colorado Holdings, LLC, ClearBridge Investments, LLC, Stephens Investment Management Group, LLC, Wellington Management Company LLP |
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Fidelity Advisor Focused Emerging Markets – Class Z Adviser: Fidelity |
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| * Since inception of the Fund1 The following adviser/sub-adviser abbreviations are used in this table:•Fidelity – Fidelity Management & Research Company LLC•Geode – Geode Capital Management, LLC•Vanguard – The Vanguard Group
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| Prospectuses Available [Text Block] |
The availability of certain Funds can vary based on your employer. Refer to your employer’s retirement program documents for a list of the employer-selected funds available in your Contract and any limitations on the number of Funds you may choose. All Funds may not be available for all plans or Contracts.The following is a list of Funds available under the Contract. More information about the Funds is available in the prospectuses for the Funds, which may be amended from time to time and can be found online at www.corebridgefinancial.com/rs/suny/prospectus-and-reports. You can also request this information at no cost by calling 1-800-448-2542. The current expenses and performance information below reflect fees and expenses of the Funds, 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 Fund’s past performance is not necessarily an indication of future performance.
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| Portfolio Companies [Table Text Block] |
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Fund – Share Class Adviser/Sub-Adviser1 |
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Average Annual Total Returns (as of Dec. 31, 2024) |
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10 Year (or life of fund) |
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Vanguard Target Retirement 2020 Fund Adviser: The Vanguard Group, Inc. |
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Vanguard Target Retirement 2025 Fund Adviser: Vanguard |
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Vanguard Target Retirement 2030 Fund Adviser: Vanguard |
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Vanguard Target Retirement 2035 Fund Adviser: Vanguard |
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Vanguard Target Retirement 2040 Fund Adviser: Vanguard |
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Vanguard Target Retirement 2045 Fund Adviser: Vanguard |
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Vanguard Target Retirement 2050 Fund Adviser: Vanguard |
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Vanguard Target Retirement 2055 Fund Adviser: Vanguard |
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Vanguard Target Retirement 2060 Fund Adviser: Vanguard |
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Vanguard Target Retirement 2065 Fund Adviser: Vanguard |
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Vanguard Target Retirement 2070 Fund Adviser: Vanguard |
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Vanguard Target Retirement Income Fund Adviser: Vanguard |
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Fund – Share Class Adviser/Sub-Adviser1 |
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Average Annual Total Returns (as of Dec. 31, 2024) |
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10 Year (or life of fund) |
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Fidelity 500 Index Adviser: Fidelity Management & Research Company LLC Sub-Adviser: Geode Capital Management, LLC |
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Vanguard FTSE Social Index I Adviser: Vanguard |
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Fidelity Mid Cap Index Adviser: Fidelity Sub-Adviser: Geode |
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Fidelity Small Cap Index Adviser: Fidelity Sub-Adviser: Geode |
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Fidelity Total International Index Adviser: Fidelity Sub-Adviser: Geode |
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Fidelity U.S. Bond Index Adviser: Fidelity Sub-Adviser: Geode |
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Vanguard Federal Money Market – Investor Class Adviser: Vanguard |
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Nuveen Core Impact Bond – Class R6 Adviser: Teachers Advisors, LLC |
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Allspring Core Plus Bond – Class R6 Adviser: Allspring Funds Management, LLC Sub-Adviser: Allspring Global Investments, LLC |
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Fidelity Inflation-Protected Bond Index Adviser: Fidelity |
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PGIM High Yield – Class R6 Adviser: PGIM Fixed Income Sub-Adviser: PGIM Limited |
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Vanguard Equity- Income – Admiral Shares Advisers: Vanguard and Wellington Management Company LLP |
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Parnassus Core Equity – Investor Shares Adviser: Parnassus Investment, LLC |
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JPMorgan Large Cap Growth – Class R6 Adviser: J.P. Morgan Investment Management Inc. |
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Victory Sycamore Established Value – Class R6 Adviser: Victory Capital Management Inc. |
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T. Rowe Price Diversified Mid-Cap Growth – I Class Adviser: T. Rowe Price Associates, Inc. |
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Impax Global Environmental Markets – Institutional Class Adviser: Impax Asset Management LLC Sub-Adviser: Impax Asset Management Ltd. |
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America Funds Europacific Growth – Class R6 Adviser: Capital Research and Management Company |
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Franklin Small Cap Value – Class R6 Adviser: Franklin Mutual Advisers, LLC |
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Vanguard Explorer – Admiral Shares Advisers: Vanguard, ArrowMark Colorado Holdings, LLC, ClearBridge Investments, LLC, Stephens Investment Management Group, LLC, Wellington Management Company LLP |
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Fidelity Advisor Focused Emerging Markets – Class Z Adviser: Fidelity |
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| USL Portfolio Director NY SP (333-283470) | ShortTermInvestmentRiskMember |
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| Prospectus: |
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| Principal Risk [Text Block] |
Short-Term Investment Risk. This Contract is not designed for short-term investing and may not be appropriate for an investor who needs ready access to cash. The benefits of tax deferral and long-term income mean that this Contract is more beneficial to investors with a long-time horizon.
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| USL Portfolio Director NY SP (333-283470) | GroupPlanRiskMember |
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| Prospectus: |
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| Principal Risk [Text Block] |
Group Plan Risk. The Contract is primarily designed to be purchased by an employer for use in a retirement plan. Your participation in a group Contract will be subject to the terms and conditions of your retirement plan and applicable law. This may impact your ability to make Purchase Payments, request withdrawals or loans, select payout options, or take other actions under the Contract. If the Contract is being used in a retirement plan through your employer, you should always refer to the terms and conditions in your employer’s plan when reviewing the description of the Contract in this prospectus.
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| USL Portfolio Director NY SP (333-283470) | WithdrawalRiskMember |
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| Prospectus: |
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| Principal Risk [Text Block] |
Withdrawal Risk. You should carefully consider the risks associated with withdrawals under the Contract. A withdrawal may reduce the value of your standard and optional benefits such as the death benefit or other guaranteed benefits. If you take a loan from your account, the amount of this loan and interest accrued therein may also reduce the value of the standard and optional benefits while (i) the loan is in the process of being paid off, (ii) if the loan is never paid off, or (iii) if you default on the loan. Additionally, your interest payments can never be recovered and, therefore, indirectly lower the Contract value based on the loan you took against it. The reductions may be more than the amount withdrawn. Excess transfers from the Fixed Account Plus option (including withdrawals from the Fixed Account Plus option for the purpose of transferring assets to another funding entity) may be subject to a charge. If you make a withdrawal prior to age 59½, there may be adverse tax consequences, including a 10% federal tax penalty. A total withdrawal (surrender) will result in the termination of your Contract or certificate. We may defer payment of withdrawals from a Fixed Account Option for up to six months when permitted by law.
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| USL Portfolio Director NY SP (333-283470) | VariableInvestmentOptionRiskMember |
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| Prospectus: |
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| Principal Risk [Text Block] |
Variable Investment Option Risk. Amounts that you invest in the Variable Investment Options are subject to the risk of poor investment performance. You assume the investment risk. Generally, if the Variable Investment Options that you select make money, your Account Value goes up, and if they lose money, your Account Value goes down. Each Variable Investment Option’s performance depends on the performance of its underlying Mutual Fund. Each Mutual Fund has its own investment risks, and you are exposed to the Mutual Fund’s investment risks when you invest in a Variable Investment Option. You are responsible for selecting Variable Investment Options that are appropriate for you based on your own individual circumstances, investment goals, financial situation, and risk tolerance.
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| USL Portfolio Director NY SP (333-283470) | DeductionofAdvisoryProgramFeeRiskMember |
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| Prospectus: |
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| Principal Risk [Text Block] |
Deduction of Advisory Program Fee Risk. If the Advisory Program fees payable to your investment adviser are deducted from the Contract, such deductions may reduce the death benefit and other annuity benefits, decrease the Account Value allocated to the Fixed Account Options and result in a reduction of Purchase Units & Payout Payments. The amounts deducted from your Contract for payment of Advisory Program Fees may be subject to surrender charges, federal and state income taxes and a 10% federal penalty tax.
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| USL Portfolio Director NY SP (333-283470) | LoanRiskMember |
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| Prospectus: |
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| Principal Risk [Text Block] |
Loan Risk. If you take a loan under the Contract, interest will accrue on any outstanding loan amounts until they are repaid and, depending on the state, you may be required to pay a loan application fee to us.
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| USL Portfolio Director NY SP (333-283470) | MinimumAccountValueRiskMember |
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| Prospectus: |
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| Principal Risk [Text Block] |
Minimum Account Value Risk. If your Account Value falls below $300 and you do not make any Purchase Payments for at least two (2) Participant Years, we may close the account and pay the Account Value to you. Any such account closure will be subject to applicable distribution restrictions under the Contract and/or under your employer’s plan.
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| USL Portfolio Director NY SP (333-283470) | FinancialStrengthandClaimsPayingAbilityRiskMember |
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| Prospectus: |
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| Principal Risk [Text Block] |
Financial Strength and Claims-Paying Ability Risk. All guarantees under the Contract, including the Fixed Account Options, that are paid from our General Account are subject to our financial strength and claims-paying ability. If we experience financial distress, we may not be able to meet our obligations to you.
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| USL Portfolio Director NY SP (333-283470) | BusinessDisruptionMember |
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| Prospectus: |
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| Principal Risk [Text Block] |
Business Disruption. Our business is also vulnerable to disruptions from natural and man-made disasters and catastrophes, such as but not limited to hurricanes, windstorms, flooding, earthquakes, wildfires, solar storms, war or other military action, acts of terrorism, explosions and fires, pandemic (such as COVID-19) and other highly contagious diseases, mass torts, failure of telecommunications or other critical infrastructure and other catastrophes. A natural or man-made disaster or catastrophe may negatively affect the computer and other systems on which we rely, and may also interfere with our ability to receive, pick up and process mail, to calculate Purchase Unit values, process other contract-related transactions, or otherwise provide our services, or have other possible negative impacts. While we have developed and put in place what we believe to be appropriate business continuity and disaster recovery plans and procedures to mitigate operational risks and potential losses related to business disruptions resulting from natural and man-made disasters and catastrophes, there can be no assurance that we, our agents, the underlying Funds or our service providers will be able to successfully avoid negative impacts resulting from such disasters and catastrophes.
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| USL Portfolio Director NY SP (333-283470) | CybersecurityRiskMember |
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| Prospectus: |
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| Principal Risk [Text Block] |
Cybersecurity Risk. We rely heavily on interconnected computer systems and digital data to conduct our variable product business activities. Because our variable product business is highly dependent upon the effective operation of our computer systems and those of our business partners and service providers, our business is vulnerable to physical disruptions and utility outages, and susceptible to operational and information security risks resulting from information systems failure (e.g., hardware and software malfunctions), cyber-attacks, user error or other disruptions to the confidentiality, integrity, or availability of such systems and data. These risks include, among other things, the theft, misuse, corruption, disclosure and destruction of sensitive business data, including personal information, maintained on our or our business partners’ or service providers’ systems, interference with or denial of service attacks on websites and other operational disruptions and/or unauthorized release of confidential customer information, including as a result of social engineering attacks or employee malfeasance. Such systems failures and cyber-attacks or incidents affecting us, any third-party administrator, the underlying Funds, intermediaries and other affiliated or third-party service providers, as well as our distribution partners, may adversely affect us and your contract value. For instance, systems failures and cyber-attacks may interfere with our processing of contract transactions, including the processing of orders from our website, our distribution partners, or with the underlying Funds, impact our ability to calculate Purchase Unit values, cause the release and possible destruction of confidential customer or business information, impede order processing, subject us and/or our service providers, distribution partners and other intermediaries to regulatory fines and enforcement action, litigation risks and financial losses and/or cause reputational damage. Cyber security risks may also impact the issuers of securities in which the underlying Funds invest, which may cause the affected underlying Funds to lose value. There may be an increased risk of cyber-attacks during periods of geo-political or military conflict. Despite our implementation of policies and procedures, which we believe to be reasonable, that address physical, administrative and technical safeguards and controls and other preventative actions to protect our systems and sensitive business and customer information and reduce the risk of cyber-incidents, there can be no assurance that we or our distribution partners or the underlying Funds or our service providers will avoid cyber-attacks or information security breaches in the future that may affect your contract and/or personal information.
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| USL Portfolio Director NY SP (333-283470) | Risk of Loss [Member] |
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| Prospectus: |
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| Risk [Text Block] |
You can lose money by investing in this Contract, including your principal investment.
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| Principal Risk [Text Block] |
Risk of Loss. Variable annuities involve risks, including possible loss of principal. Your losses could be significant. This Contract is not a deposit or obligation of, or guaranteed or endorsed by, any bank. This Contract is not federally insured by the Federal Deposit Insurance Corporation, the Federal Reserve Board, or any other agency.
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| USL Portfolio Director NY SP (333-283470) | Not Short Term Investment Risk [Member] |
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| Prospectus: |
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| Risk [Text Block] |
This Contract is not designed for short-term investing and is not appropriate for an investor who needs ready access to cash.•Withdrawals may reduce or terminate Contract guarantees and may result in taxes and tax penalties.•If you select the Fixed Account Plus option for investment, your ability to transfer amounts from that option is subject to an annual limit. It may take several years to transfer all amounts from the Fixed Account Plus option. If you transfer amounts from the Fixed Account Plus option in excess of that annual limit (including withdrawals from the Fixed Account Plus option for the purpose of transferring assets to another funding entity), you may be subject to a charge.•The benefits of tax deferral, if applicable, and long-term income mean the Contract is generally more beneficial to investors with a long investment time horizon.
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| USL Portfolio Director NY SP (333-283470) | Investment Options Risk [Member] |
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| Prospectus: |
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| Risk [Text Block] |
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.•Each Variable Investment Option and each Fixed Account Option has its own unique risks.•You should review the investment options before making an investment decision.
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| USL Portfolio Director NY SP (333-283470) | Insurance Company Risk [Member] |
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| Prospectus: |
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| Risk [Text Block] |
An investment in the Contract is subject to the risks related to us, USL. Any obligations (including under any Fixed Account Option), guarantees, and benefits of the Contract 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 us, including our financial strength ratings, is available upon request by calling 1-800-448-2542 or visiting www.corebridgefinancial.com/rs.
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| USL Portfolio Director NY SP (333-283470) | VanguardTargetRetirement2020FundMember |
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| Prospectus: |
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| Portfolio Company Objective [Text Block] |
Target Date Funds
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| Portfolio Company Name [Text Block] |
Vanguard Target Retirement 2020 Fund
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| Portfolio Company Adviser [Text Block] |
The Vanguard Group, Inc.
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| Current Expenses [Percent] |
0.08%
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| Average Annual Total Returns, 1 Year [Percent] |
7.75%
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| Average Annual Total Returns, 5 Years [Percent] |
4.75%
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| Average Annual Total Returns, 10 Years [Percent] |
5.58%
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| USL Portfolio Director NY SP (333-283470) | VanguardTargetRetirement2025FundMember |
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| Prospectus: |
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| Portfolio Company Name [Text Block] |
Vanguard Target Retirement 2025 Fund
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| Portfolio Company Adviser [Text Block] |
Vanguard
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| Current Expenses [Percent] |
0.08%
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| Average Annual Total Returns, 1 Year [Percent] |
9.44%
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| Average Annual Total Returns, 5 Years [Percent] |
5.66%
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| Average Annual Total Returns, 10 Years [Percent] |
6.32%
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| USL Portfolio Director NY SP (333-283470) | VanguardTargetRetirement2030FundMember |
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| Prospectus: |
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| Portfolio Company Name [Text Block] |
Vanguard Target Retirement 2030 Fund
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| Portfolio Company Adviser [Text Block] |
Vanguard
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| Current Expenses [Percent] |
0.08%
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| Average Annual Total Returns, 1 Year [Percent] |
10.64%
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| Average Annual Total Returns, 5 Years [Percent] |
6.44%
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| Average Annual Total Returns, 10 Years [Percent] |
6.92%
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| USL Portfolio Director NY SP (333-283470) | VanguardTargetRetirement2035FundMember |
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| Prospectus: |
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| Portfolio Company Name [Text Block] |
Vanguard Target Retirement 2035 Fund
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| Portfolio Company Adviser [Text Block] |
Vanguard
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| Current Expenses [Percent] |
0.08%
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| Average Annual Total Returns, 1 Year [Percent] |
11.78%
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| Average Annual Total Returns, 5 Years [Percent] |
7.20%
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| Average Annual Total Returns, 10 Years [Percent] |
7.51%
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| USL Portfolio Director NY SP (333-283470) | VanguardTargetRetirement2040FundMember |
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| Prospectus: |
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| Portfolio Company Name [Text Block] |
Vanguard Target Retirement 2040 Fund
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| Portfolio Company Adviser [Text Block] |
Vanguard
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| Current Expenses [Percent] |
0.08%
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| Average Annual Total Returns, 1 Year [Percent] |
12.88%
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| Average Annual Total Returns, 5 Years [Percent] |
7.97%
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| Average Annual Total Returns, 10 Years [Percent] |
8.08%
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| USL Portfolio Director NY SP (333-283470) | VanguardTargetRetirement2045FundMember |
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| Prospectus: |
|
| Portfolio Company Name [Text Block] |
Vanguard Target Retirement 2045 Fund
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| Portfolio Company Adviser [Text Block] |
Vanguard
|
| Current Expenses [Percent] |
0.08%
|
| Average Annual Total Returns, 1 Year [Percent] |
13.91%
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| Average Annual Total Returns, 5 Years [Percent] |
8.73%
|
| Average Annual Total Returns, 10 Years [Percent] |
8.57%
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| USL Portfolio Director NY SP (333-283470) | VanguardTargetRetirement2050FundMember |
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| Prospectus: |
|
| Portfolio Company Name [Text Block] |
Vanguard Target Retirement 2050 Fund
|
| Portfolio Company Adviser [Text Block] |
Vanguard
|
| Current Expenses [Percent] |
0.08%
|
| Average Annual Total Returns, 1 Year [Percent] |
14.64%
|
| Average Annual Total Returns, 5 Years [Percent] |
9.03%
|
| Average Annual Total Returns, 10 Years [Percent] |
8.72%
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| USL Portfolio Director NY SP (333-283470) | VanguardTargetRetirement2055FundMember |
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| Prospectus: |
|
| Portfolio Company Name [Text Block] |
Vanguard Target Retirement 2055 Fund
|
| Portfolio Company Adviser [Text Block] |
Vanguard
|
| Current Expenses [Percent] |
0.08%
|
| Average Annual Total Returns, 1 Year [Percent] |
14.64%
|
| Average Annual Total Returns, 5 Years [Percent] |
9.02%
|
| Average Annual Total Returns, 10 Years [Percent] |
8.70%
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| USL Portfolio Director NY SP (333-283470) | VanguardTargetRetirement2060FundMember |
|
| Prospectus: |
|
| Portfolio Company Name [Text Block] |
Vanguard Target Retirement 2060 Fund
|
| Portfolio Company Adviser [Text Block] |
Vanguard
|
| Current Expenses [Percent] |
0.08%
|
| Average Annual Total Returns, 1 Year [Percent] |
14.63%
|
| Average Annual Total Returns, 5 Years [Percent] |
9.02%
|
| Average Annual Total Returns, 10 Years [Percent] |
8.70%
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| USL Portfolio Director NY SP (333-283470) | VanguardTargetRetirement2065FundMember |
|
| Prospectus: |
|
| Portfolio Company Name [Text Block] |
Vanguard Target Retirement 2065 Fund
|
| Portfolio Company Adviser [Text Block] |
Vanguard
|
| Current Expenses [Percent] |
0.08%
|
| Average Annual Total Returns, 1 Year [Percent] |
14.62%
|
| Average Annual Total Returns, 5 Years [Percent] |
9.01%
|
| Average Annual Total Returns, 10 Years [Percent] |
9.24%
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| USL Portfolio Director NY SP (333-283470) | VanguardTargetRetirement2070FundMember |
|
| Prospectus: |
|
| Portfolio Company Name [Text Block] |
Vanguard Target Retirement 2070 Fund
|
| Portfolio Company Adviser [Text Block] |
Vanguard
|
| Current Expenses [Percent] |
0.08%
|
| Average Annual Total Returns, 1 Year [Percent] |
14.59%
|
| Average Annual Total Returns, 10 Years [Percent] |
14.08%
|
| USL Portfolio Director NY SP (333-283470) | VanguardTargetRetirementIncomeFundMember |
|
| Prospectus: |
|
| Portfolio Company Name [Text Block] |
Vanguard Target Retirement Income Fund
|
| Portfolio Company Adviser [Text Block] |
Vanguard
|
| Current Expenses [Percent] |
0.08%
|
| Average Annual Total Returns, 1 Year [Percent] |
6.58%
|
| Average Annual Total Returns, 5 Years [Percent] |
3.58%
|
| Average Annual Total Returns, 10 Years [Percent] |
4.19%
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| USL Portfolio Director NY SP (333-283470) | Fidelity500IndexFundMember |
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| Prospectus: |
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| Portfolio Company Objective [Text Block] |
Index Funds
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| Portfolio Company Name [Text Block] |
Fidelity 500 Index
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| Portfolio Company Adviser [Text Block] |
Fidelity Management & Research Company LLC
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| Portfolio Company Subadviser [Text Block] |
Geode Capital Management, LLC
|
| Current Expenses [Percent] |
0.02%
|
| Average Annual Total Returns, 1 Year [Percent] |
25.00%
|
| Average Annual Total Returns, 5 Years [Percent] |
14.51%
|
| Average Annual Total Returns, 10 Years [Percent] |
13.09%
|
| USL Portfolio Director NY SP (333-283470) | VanguardFTSESocialIndexFundMember |
|
| Prospectus: |
|
| Portfolio Company Name [Text Block] |
Vanguard FTSE Social Index
|
| Portfolio Company Adviser [Text Block] |
Vanguard
|
| Current Expenses [Percent] |
0.07%
|
| Average Annual Total Returns, 1 Year [Percent] |
26.01%
|
| Average Annual Total Returns, 5 Years [Percent] |
14.55%
|
| Average Annual Total Returns, 10 Years [Percent] |
13.48%
|
| USL Portfolio Director NY SP (333-283470) | FidelityMidCapIndexMember |
|
| Prospectus: |
|
| Portfolio Company Name [Text Block] |
Fidelity Mid Cap Index
|
| Portfolio Company Adviser [Text Block] |
Fidelity
|
| Portfolio Company Subadviser [Text Block] |
Geode
|
| Current Expenses [Percent] |
0.03%
|
| Average Annual Total Returns, 1 Year [Percent] |
15.35%
|
| Average Annual Total Returns, 5 Years [Percent] |
9.93%
|
| Average Annual Total Returns, 10 Years [Percent] |
9.69%
|
| USL Portfolio Director NY SP (333-283470) | FidelitySmallCapIndexMember |
|
| Prospectus: |
|
| Portfolio Company Name [Text Block] |
Fidelity Small Cap Index
|
| Portfolio Company Adviser [Text Block] |
Fidelity
|
| Portfolio Company Subadviser [Text Block] |
Geode
|
| Current Expenses [Percent] |
0.03%
|
| Average Annual Total Returns, 1 Year [Percent] |
11.69%
|
| Average Annual Total Returns, 5 Years [Percent] |
7.50%
|
| Average Annual Total Returns, 10 Years [Percent] |
7.96%
|
| USL Portfolio Director NY SP (333-283470) | FidelityTotalInternationalIndexMember |
|
| Prospectus: |
|
| Portfolio Company Name [Text Block] |
Fidelity Total International Index
|
| Portfolio Company Adviser [Text Block] |
Fidelity
|
| Portfolio Company Subadviser [Text Block] |
Geode
|
| Current Expenses [Percent] |
0.06%
|
| Average Annual Total Returns, 1 Year [Percent] |
4.90%
|
| Average Annual Total Returns, 5 Years [Percent] |
4.11%
|
| Average Annual Total Returns, 10 Years [Percent] |
5.88%
|
| USL Portfolio Director NY SP (333-283470) | FidelityUSBondIndexFundMember |
|
| Prospectus: |
|
| Portfolio Company Name [Text Block] |
Fidelity U.S. Bond Index
|
| Portfolio Company Adviser [Text Block] |
Fidelity
|
| Portfolio Company Subadviser [Text Block] |
Geode
|
| Current Expenses [Percent] |
0.03%
|
| Average Annual Total Returns, 1 Year [Percent] |
1.34%
|
| Average Annual Total Returns, 5 Years [Percent] |
(0.31%)
|
| Average Annual Total Returns, 10 Years [Percent] |
1.33%
|
| USL Portfolio Director NY SP (333-283470) | VanguardFederalMoneyMarketFundInvestorClassMember |
|
| Prospectus: |
|
| Portfolio Company Objective [Text Block] |
Actively Managed Funds
|
| Portfolio Company Name [Text Block] |
Vanguard Federal Money Market – Investor Class
|
| Portfolio Company Adviser [Text Block] |
Vanguard
|
| Current Expenses [Percent] |
0.11%
|
| Average Annual Total Returns, 1 Year [Percent] |
5.23%
|
| Average Annual Total Returns, 5 Years [Percent] |
2.44%
|
| Average Annual Total Returns, 10 Years [Percent] |
1.72%
|
| USL Portfolio Director NY SP (333-283470) | NuveenCoreImpactBondClassR6Member |
|
| Prospectus: |
|
| Portfolio Company Name [Text Block] |
Nuveen Core Impact Bond – Class R6
|
| Portfolio Company Adviser [Text Block] |
Teachers Advisors, LLC
|
| Current Expenses [Percent] |
0.35%
|
| Average Annual Total Returns, 1 Year [Percent] |
2.56%
|
| Average Annual Total Returns, 5 Years [Percent] |
(0.11%)
|
| Average Annual Total Returns, 10 Years [Percent] |
1.70%
|
| USL Portfolio Director NY SP (333-283470) | AllspringCorePlusBondClassR6Member |
|
| Prospectus: |
|
| Portfolio Company Name [Text Block] |
Allspring Core Plus Bond – Class R6
|
| Portfolio Company Adviser [Text Block] |
Allspring Funds Management, LLC
|
| Portfolio Company Subadviser [Text Block] |
Allspring Global Investments, LLC
|
| Current Expenses [Percent] |
0.30%
|
| Average Annual Total Returns, 1 Year [Percent] |
2.41%
|
| Average Annual Total Returns, 5 Years [Percent] |
1.13%
|
| Average Annual Total Returns, 10 Years [Percent] |
2.30%
|
| USL Portfolio Director NY SP (333-283470) | FidelityInflationProtectedBondIndexMember |
|
| Prospectus: |
|
| Portfolio Company Name [Text Block] |
Fidelity Inflation-Protected Bond Index
|
| Portfolio Company Adviser [Text Block] |
Fidelity
|
| Current Expenses [Percent] |
0.05%
|
| Average Annual Total Returns, 1 Year [Percent] |
2.01%
|
| Average Annual Total Returns, 5 Years [Percent] |
1.81%
|
| Average Annual Total Returns, 10 Years [Percent] |
2.18%
|
| USL Portfolio Director NY SP (333-283470) | PGIMHighYieldClassR6Member |
|
| Prospectus: |
|
| Portfolio Company Name [Text Block] |
PGIM High Yield – Class R6
|
| Portfolio Company Adviser [Text Block] |
PGIM Fixed Income
|
| Portfolio Company Subadviser [Text Block] |
PGIM Limited
|
| Current Expenses [Percent] |
0.38%
|
| Average Annual Total Returns, 1 Year [Percent] |
8.46%
|
| Average Annual Total Returns, 5 Years [Percent] |
3.93%
|
| Average Annual Total Returns, 10 Years [Percent] |
5.38%
|
| USL Portfolio Director NY SP (333-283470) | VanguardEquityIncomeFundAdmiralSharesMember |
|
| Prospectus: |
|
| Portfolio Company Name [Text Block] |
Vanguard Equity- Income – Admiral Shares
|
| Portfolio Company Adviser [Text Block] |
Vanguard and Wellington Management Company LLP
|
| Current Expenses [Percent] |
0.18%
|
| Average Annual Total Returns, 1 Year [Percent] |
15.16%
|
| Average Annual Total Returns, 5 Years [Percent] |
9.97%
|
| Average Annual Total Returns, 10 Years [Percent] |
10.07%
|
| USL Portfolio Director NY SP (333-283470) | ParnassusCoreEquityFundInvestorSharesMember |
|
| Prospectus: |
|
| Portfolio Company Name [Text Block] |
Parnassus Core Equity – Investor Shares
|
| Portfolio Company Adviser [Text Block] |
Parnassus Investment, LLC
|
| Current Expenses [Percent] |
0.81%
|
| Average Annual Total Returns, 1 Year [Percent] |
18.52%
|
| Average Annual Total Returns, 5 Years [Percent] |
13.25%
|
| Average Annual Total Returns, 10 Years [Percent] |
12.02%
|
| USL Portfolio Director NY SP (333-283470) | JPMorganLargeCapGrowthClassR6Member |
|
| Prospectus: |
|
| Portfolio Company Name [Text Block] |
JPMorgan Large Cap Growth – Class R6
|
| Portfolio Company Adviser [Text Block] |
J.P. Morgan Investment Management Inc.
|
| Current Expenses [Percent] |
0.44%
|
| Average Annual Total Returns, 1 Year [Percent] |
34.17%
|
| Average Annual Total Returns, 5 Years [Percent] |
20.27%
|
| Average Annual Total Returns, 10 Years [Percent] |
17.87%
|
| USL Portfolio Director NY SP (333-283470) | VictorySycamoreEstablishedValueClassR6Member |
|
| Prospectus: |
|
| Portfolio Company Name [Text Block] |
Victory Sycamore Established Value – Class R6
|
| Portfolio Company Adviser [Text Block] |
Victory Capital Management Inc.
|
| Current Expenses [Percent] |
0.54%
|
| Average Annual Total Returns, 1 Year [Percent] |
10.24%
|
| Average Annual Total Returns, 5 Years [Percent] |
11.11%
|
| Average Annual Total Returns, 10 Years [Percent] |
10.80%
|
| USL Portfolio Director NY SP (333-283470) | TRowePriceDiversifiedMidCapGrowthIClassMember |
|
| Prospectus: |
|
| Portfolio Company Name [Text Block] |
T. Rowe Price Diversified Mid-Cap Growth – I Class
|
| Portfolio Company Adviser [Text Block] |
T. Rowe Price Associates, Inc.
|
| Current Expenses [Percent] |
0.67%
|
| Average Annual Total Returns, 1 Year [Percent] |
23.95%
|
| Average Annual Total Returns, 5 Years [Percent] |
11.24%
|
| Average Annual Total Returns, 10 Years [Percent] |
13.27%
|
| USL Portfolio Director NY SP (333-283470) | ImpaxGlobalEnvironmentalMarketsFundInstitutionalClassMember |
|
| Prospectus: |
|
| Portfolio Company Name [Text Block] |
Impax Global Environmental Markets – Institutional Class
|
| Portfolio Company Adviser [Text Block] |
Impax Asset Management LLC
|
| Portfolio Company Subadviser [Text Block] |
Impax Asset Management Ltd.
|
| Current Expenses [Percent] |
0.89%
|
| Average Annual Total Returns, 1 Year [Percent] |
5.12%
|
| Average Annual Total Returns, 5 Years [Percent] |
7.97%
|
| Average Annual Total Returns, 10 Years [Percent] |
8.41%
|
| USL Portfolio Director NY SP (333-283470) | AmericaFundsEuropacificGrowthClassR6Member |
|
| Prospectus: |
|
| Portfolio Company Name [Text Block] |
America Funds Europacific Growth – Class R6
|
| Portfolio Company Adviser [Text Block] |
Capital Research and Management Company
|
| Current Expenses [Percent] |
0.47%
|
| Average Annual Total Returns, 1 Year [Percent] |
5.04%
|
| Average Annual Total Returns, 5 Years [Percent] |
3.95%
|
| Average Annual Total Returns, 10 Years [Percent] |
5.66%
|
| USL Portfolio Director NY SP (333-283470) | FranklinSmallCapValueClassR6Member |
|
| Prospectus: |
|
| Portfolio Company Name [Text Block] |
Franklin Small Cap Value – Class R6
|
| Portfolio Company Adviser [Text Block] |
Franklin Mutual Advisers, LLC
|
| Current Expenses [Percent] |
0.60%
|
| Average Annual Total Returns, 1 Year [Percent] |
11.75%
|
| Average Annual Total Returns, 5 Years [Percent] |
8.77%
|
| Average Annual Total Returns, 10 Years [Percent] |
8.52%
|
| USL Portfolio Director NY SP (333-283470) | VanguardExplorerAdmiralSharesMember |
|
| Prospectus: |
|
| Portfolio Company Name [Text Block] |
Vanguard Explorer – Admiral Shares
|
| Portfolio Company Adviser [Text Block] |
Vanguard, ArrowMark Colorado Holdings, LLC, ClearBridge Investments, LLC, Stephens Investment Management Group, LLC, Wellington Management Company LLP
|
| Current Expenses [Percent] |
0.33%
|
| Average Annual Total Returns, 1 Year [Percent] |
10.37%
|
| Average Annual Total Returns, 5 Years [Percent] |
9.24%
|
| Average Annual Total Returns, 10 Years [Percent] |
10.22%
|
| USL Portfolio Director NY SP (333-283470) | FidelityAdvisorFocusedEmergingMarketsClassZMember |
|
| Prospectus: |
|
| Portfolio Company Name [Text Block] |
Fidelity Advisor Focused Emerging Markets – Class Z
|
| Portfolio Company Adviser [Text Block] |
Fidelity
|
| Current Expenses [Percent] |
0.81%
|
| Average Annual Total Returns, 1 Year [Percent] |
9.43%
|
| Average Annual Total Returns, 5 Years [Percent] |
3.98%
|
| Average Annual Total Returns, 10 Years [Percent] |
5.89%
|
| USL Portfolio Director NY SP (333-283470) | SystematicWithdrawalsMember |
|
| Prospectus: |
|
| Name of Benefit [Text Block] |
Systematic Withdrawals
|
| Purpose of Benefit [Text Block] |
Allows you to automatically receive withdrawals on a regular basis during the Purchase Period
|
| Standard Benefit [Flag] |
true
|
| Standard Benefit Expense (of Benefit Base), Minimum [Percent] |
0.00%
|
| Brief Restrictions / Limitations [Text Block] |
•No more than one systematic withdrawal election may be in effect at any time•We reserve the right to discontinue any or all systematic withdrawals or to change the terms at any time
|
| Name of Benefit [Text Block] |
Systematic Withdrawals
|
| USL Portfolio Director NY SP (333-283470) | LoansMember |
|
| Prospectus: |
|
| Other Transaction Fee, Maximum [Dollars] |
$ 75
|
| Name of Benefit [Text Block] |
Loans
|
| Purpose of Benefit [Text Block] |
Provides tax-free access to amounts invested in Fixed Account Options
|
| Standard Benefit [Flag] |
true
|
| Standard Benefit Expense, Current [Dollars] |
$ 75
|
| Standard Benefit Expense (of Other Amount), Maximum [Percent] |
6.00%
|
| Brief Restrictions / Limitations [Text Block] |
•Available only during the Purchase Period•May not be taken against amounts invested in Variable Investment Options•Interest will accrue on outstanding loan amounts•Minimum loan amount is $1,000
|
| Name of Benefit [Text Block] |
Loans
|
| USL Portfolio Director NY SP (333-283470) | AdvisoryProgramMember |
|
| Prospectus: |
|
| Name of Benefit [Text Block] |
Advisory Program
|
| Purpose of Benefit [Text Block] |
The investment advice service provided by your Investment Adviser
|
| Standard Benefit [Flag] |
true
|
| Brief Restrictions / Limitations [Text Block] |
•A separate investment advisory fee and agreement is required•May not be available under your employer’s retirement plan or in connection with your Contract•If you pay any investment adviser fee from the Contract, any deduction may reduce the death benefit and annuity benefits, and may be subject to surrender charges, federal and state income taxes and a 10% federal penalty tax.•Currently, we do not honor investment adviser transfer requests in connection with Advisory Programs that are offered through third-party Investment Advisers.•You are encouraged to discuss the Advisory Program with your financial professional and the impact that Advisory Program Fees may have on your Contract Value before electing to enroll in the Advisory Program. For more information about how the deduction of Advisory Program Fees may affect your Contract, please see “Impact of Deduction of Advisory Program Fee on Purchase Payments” in the “Purchase Period” section above, “Impact of Advisory Program Fees on Payment Payments” in the “Payout Period” section above, and the “Impact of the Deduction of Advisory Program Fees on Death Benefit” in the “Death Benefits” section below.
|
| Name of Benefit [Text Block] |
Advisory Program
|
| USL Portfolio Director NY SP (333-283470) | LoansNonERISAContractsMember |
|
| Prospectus: |
|
| Optional Benefit Expense (of Benefit Base), Maximum [Percent] |
6.00%
|
| Optional Benefit Expense (of Benefit Base), Current [Percent] |
3.00%
|
| Optional Benefit Expense, Footnotes [Text Block] |
Contracts that are not issued as part of a retirement plan subject to The Employee Retirement Income Security Act of 1974 (ERISA) including 457 Plans and retirement plans administered by government entities and churches, as well as IRAs and Non-Qualified Deferred Annuities.The Non-ERISA Loan Interest Charges will vary based on the Guaranteed Minimum Interest Rate (GMIR) on your contract. Please refer to your contract for your GMIR.
|
| Optional Benefit Expense (of Benefit Base), Maximum [Percent] |
6.00%
|
| Optional Benefit Expense (of Benefit Base), Current [Percent] |
3.00%
|
| Optional Benefit Expense, Footnotes [Text Block] |
Contracts that are not issued as part of a retirement plan subject to The Employee Retirement Income Security Act of 1974 (ERISA) including 457 Plans and retirement plans administered by government entities and churches, as well as IRAs and Non-Qualified Deferred Annuities.The Non-ERISA Loan Interest Charges will vary based on the Guaranteed Minimum Interest Rate (GMIR) on your contract. Please refer to your contract for your GMIR.
|
| USL Portfolio Director NY SP (333-283470) | LoansERISAContractsMember |
|
| Prospectus: |
|
| Optional Benefit Expense (of Benefit Base), Current [Percent] |
5.50%
|
| Optional Benefit Expense, Footnotes [Text Block] |
Contracts that are issued as part of employer-sponsored retirement plans subject to ERISA including 401(k) and certain 403(b) defined contribution plans.The ERISA Loan Interest Charges are variable rates based upon an index prescribed under applicable state insurance rules for policy loans. Loan Interest Charges for an existing loan will not increase, but may decrease, during the term of the loan.
|
| Optional Benefit Expense (of Benefit Base), Current [Percent] |
5.50%
|
| Optional Benefit Expense, Footnotes [Text Block] |
Contracts that are issued as part of employer-sponsored retirement plans subject to ERISA including 401(k) and certain 403(b) defined contribution plans.The ERISA Loan Interest Charges are variable rates based upon an index prescribed under applicable state insurance rules for policy loans. Loan Interest Charges for an existing loan will not increase, but may decrease, during the term of the loan.
|
| USL Portfolio Director NY SP (333-283470) | Standard Death Benefit [Member] |
|
| Prospectus: |
|
| Name of Benefit [Text Block] |
Standard Death Benefit
|
| Purpose of Benefit [Text Block] |
Provides a death benefit based on the greater of Account Value or net Purchase Payments
|
| Standard Benefit [Flag] |
true
|
| Standard Benefit Expense (of Benefit Base), Minimum [Percent] |
0.00%
|
| Brief Restrictions / Limitations [Text Block] |
•Payable only during the Purchase Period•Payable if death occurs at any age•Withdrawals, including withdrawals to pay your advisory fees, may significantly reduce the benefit•If you have elected to enroll in the Advisory Program, the Advisory Program Fees may reduce the death benefit. Please see “Impact of the Deduction of Advisory Program Fees in Death Benefits” in the “Death Benefits” section below
|
| Name of Benefit [Text Block] |
Standard Death Benefit
|
| Operation of Benefit [Text Block] |
Death Benefits
The Contracts will pay death benefits during either the Purchase Period or the Payout Period.The ProcessUSL requires that complete and acceptable documentation and paperwork be received from the Beneficiary in order to begin the death benefit payment process. First, Proof of Death is required. Proof of Death is defined as a certified copy of the death certificate, a certified copy of a decree of a court of competent jurisdiction as to death or a written statement by an attending physician. Additionally, the Beneficiary must include an election specifying the distribution method and any other form required by USL or a regulator to process the claim. The account will not be valued, and payments will not be made until all paperwork is in good order and in a form acceptable to USL. Your Beneficiary may contact us at 1-800-448-2542 with any questions about required documentation and paperwork. Death benefits are paid only once per Contract.If your Account Value is reduced to zero, you may no longer make subsequent Purchase Payments or transfers, and no death benefit will be payable. Please see “Impact of the Deduction of Advisory Program Fees on Death Benefit” below regarding impacts to your death benefit due to the deduction of Advisory Program Fees.Beneficiary InformationThe Beneficiary may receive death benefits:•In a lump sum;•In the form of an annuity under any of the Payout Options; •In partial payments over the Beneficiary’s life expectancy (where permitted); or•In a manner mutually agreeable between the Beneficiary and USL that is in accordance with applicable laws and regulations.Payment of any death benefits must be within the time limits set by federal tax law, if any. If the Beneficiary elects a life annuity for a designated or fixed period, the guarantee period cannot exceed the Beneficiary’s life expectancy. After choosing a payment option, a Beneficiary may exercise many of the investment options and other rights that the Participant or Contract Owner had under the Contract.During the Purchase PeriodIf death occurs during the Purchase Period, the Beneficiary will receive the standard death benefit which guarantees the return of Purchase Payments less any prior withdrawals.As indicated above, a Contract Owner may elect to annuitize only a certain portion and leave the remaining value in the account. The death benefit in such situations would include the value of the amount remaining in the account minus the amount applied to Payout Payments. Depending on the payout option selected, there may also be a death benefit from the annuitized portion of the account.
|
| Fees and Costs of Benefit [Text Block] |
Adjusted Purchase Payment AmountIf the total amount of any death benefit payable from the Variable Investment Options and Fixed Account Options under the Contract exceeds the Account Value as of the date all paperwork is in good order and in a form acceptable to USL, then the total death benefit paid may be adjusted to limit the death benefit due to withdrawals. An Adjusted Purchase Payment Amount will be calculated on the date all paperwork is complete and in a form acceptable to USL, determined as follows:
| |
100% of Purchase Payments |
| |
|
| |
Gross Withdrawals (see below) and any portion of Account Value applied under a Payout Option | Each “Gross Withdrawal” is calculated by multiplying the Adjusted Purchase Payment Amount by a fraction. The numerator of the fraction is the amount of the withdrawal plus any associated fees and charges. The denominator of the fraction is the Account Value immediately prior to the withdrawal. Thus, each Gross Withdrawal will proportionately reduce the Adjusted Purchase Payment Amount.The Contract death benefit and the Adjusted Purchase Payment Amount are compared. The lesser amount is then compared to the Account Value, and the beneficiary will receive the greater of those two amounts.During the Payout PeriodIf the Annuitant dies during the Payout Period, the Beneficiary may receive a death benefit depending on the payout option selected. The amount of death benefit will also depend on the payout option that you selected. The payout options available are described in the “Payout Period” section of this prospectus.•If the life only option or joint and survivor life option was chosen, there will be no death benefit.•If the life with guaranteed period option, life with cash or unit refund option or payment for a designated period option was chosen, and the entire amount guaranteed has not been paid, the Beneficiary may choose one of the following within 60 days after death benefits are payable:1.Receive the present value of any remaining payments in a lump sum; or2.Receive the remaining payments under the same terms of the guaranteed period option chosen by the deceased Annuitant; or3.Receive the present value of any remaining payments applied under the payment for a designated period option for a period equal to or shorter than the period remaining. Spousal Beneficiaries may be entitled to more favorable treatment under the Contract and/or under federal tax law, including additional permitted delays before beginning distributions, as well as being able to continue the Contract as their own and not as a beneficiary account.Impact of the Deduction of Advisory Program Fees on Death BenefitIf you are participating in the Advisory Program and your Investment Adviser’s fee is deducted from your Contract, the deduction of the Advisory Program Fee may reduce the death benefit. This deduction will be the dollar amount assessed for the Advisory Program Fee and is based on a percentage of the Contract value managed by the Advisory Program. The examples below assess the impact of the Advisory Program Fee on the Contract’s death benefit assuming an initial $100 deposit and no additional payments and no withdrawals.1.If, at the end of the year, the Contract value increases to $120 and you pay a $1 Advisory Program Fee, the Contract value is reduced to $119. If you die, your Contract’s death benefit is $119.2.If, at the end of the year, the Contract value decreases to $90 and you pay a $1 Advisory Program Fee, the Contract value is reduced to $89. However, the Advisory Program Fee will not reduce the death benefit which will be at least $100 (your premium payment) (or higher if you are younger than 70 at your death) due to the Death Benefit Contract guarantee.
|
| Calculation Method of Benefit [Text Block] |
Standard Death BenefitThe standard death benefit will be the greater of:
| |
Your Account Value on the date all paperwork is in good order and in a form acceptable to USL |
| |
|
| |
100% of Purchase Payments (to Variable Investment Options and/or Fixed Account Options) |
| |
|
| |
Amount of all Prior Withdrawals, Charges and any portion of Account Value applied under a Payout Option |
|