MEMBERS LIFE INSURANCE COMPANY

TRUSTAGE™ ZONECHOICE ANNUITY

INITIAL SUMMARY PROSPECTUS DATED MAY 1, 2026

TRUSTAGE™ ZONECHOICE ADVANTAGE ANNUITY

INITIAL SUMMARY PROSPECTUS DATED MAY 1, 2026

TRUSTAGE™ ZONE INCOME ANNUITY

INITIAL SUMMARY PROSPECTUS DATED MAY 1, 2026

TRUSTAGE™ ZONECHOICE INCOME ANNUITY

INITIAL SUMMARY PROSPECTUS DATED MAY 26, 2026

Supplement dated August 24, 2026

The purpose of this supplement is to provide you with an update regarding our recent systems outage.

As previously communicated, in July 2026 we experienced a cybersecurity event that has affected our

ability to receive and process new Contract applications and Contract transactions. We are continuing to

investigate the scope and impact of this event and are working to restore normal operations as quickly as

possible in a secure and stable manner. The cybersecurity event has not affected your Contract values,

account balances, or Contract benefits.

As of the date of this Supplement, we have implemented interim processes to support the following

transactions:

•subsequent purchase payments;

•systematic withdrawals;

•partial withdrawals;

•surrenders;

•commencement of lifetime income payments for Contracts with an income benefit rider;

•direct deposit changes for payments to Contract owners;

•transfers among allocation options;

•changes to allocation instructions;

•death benefit claims;

•Section 1035 Contract exchanges of the Contract for a contract issued by another insurance

company;

•rollover distributions from a Contract to an IRA, Roth IRA, or retirement account;

•cancellation of pending applications and refund of premium at the applicant’s request; and

•cancellation of recently issued Contracts pursuant to the right to examine and refund of premium

or Contract Value, as required by the state in which the Contract was issued, at the Contract

owner’s request. Refund of Contract Value will reflect the investment performance of the

investment options to which premiums were allocated, including the Interim Value of amounts

allocated to the Risk Control Accounts.

Our annuity call center is now available at 800.798.5500 from 8:00 a.m. to 5:00 p.m. CST to support

servicing capabilities while system restoration efforts continue. Please note, call center hours may change

as system restoration progresses. Annuity call center representatives can send transaction request forms

directly to you that you can complete and mail to us; help you navigate our website; and provide

information about Contract values and the status of requests for the transactions listed above.

Updated information, transaction request forms, and other forms are available at www.trustage.com/

outage/annuity. Certain forms may be submitted electronically through the links provided on our website.

You may also download and print forms from our website or request that forms be sent directly to you by

calling our annuity call center. Paper forms may be completed and mailed to us at 2000 Heritage Way,

Waverly, Iowa 50677.

Transaction requests that we receive in Good Order receive a date and time stamp upon receipt and will

be processed in accordance with our procedures as described in your prospectus.

We will treat pending applications that we received in Good Order as if they had been issued on the date

they would have been issued if the systems outage had not occurred, including the applicable Risk

Control Account crediting rates and Income Benefit terms.

Most requests for financial transactions that we received in Good Order since the systems outage began

have been processed. We are working expeditiously to process requests for certain other financial

transactions (e.g., allocation changes to Risk Control Accounts at the end of an Interest Term), which are

being prioritized. Requests for non-financial transactions (e.g., changes in address, changes in

ownership) will be processed as soon as administratively possible.

Please keep this supplement with your prospectus and records for future reference.

If you have any questions, please contact our annuity call center at 800.798.5500.