Form 497VPU BRIGHTHOUSE SEPARATE

April 23, 2025 12:10 PM EDT
 
The Variable Annuity Contract
issued by
Brighthouse Life Insurance Company
and
Brighthouse Separate Account A
 
Marquis Portfolios
(offered between November 7, 2005 and April 30, 2012)
 
Updating Summary Prospectus
April 28, 2025
A flexible premium deferred variable annuity contract
 
The prospectus for the Marquis Portfolios Variable Annuity Contract (the “Contract” or “contract”), a flexible premium deferred variable annuity contract issued by Brighthouse Life Insurance Company (“BLIC”, the “Company”, or “we” or “us”), is available and contains more information about the Contract including its features, benefits, and risks. You can find the current prospectus and other information about the Contract online at https://dfinview.com/BHF/PUFT/BHF145. You can also obtain this information at no cost by calling (888) 243-1932 or by sending an email request to [email protected].
Additional general information about certain investment products, including variable annuities, has been prepared by the Securities and Exchange Commission’s staff and is available at Investor.gov.
The Securities and Exchange Commission has not approved or disapproved these securities or determined if this prospectus is accurate or complete. Any representation to the contrary is a criminal offense.
1
Special Terms
Account Value. The sum of your interests in the Investment Portfolios.
Accumulation Phase. The period before the commencement of Annuity Payments.
Investment Portfolios. The means of investing offered to Owners in various underlying fund portfolios.
Purchase Payment. A Purchase Payment is the money you give us to invest in the contract. The initial Purchase Payment is due on the date the contract is issued. You may also be permitted to make subsequent Purchase Payments.
Separate Account. We have established Brighthouse Separate Account A to hold the assets that underlie the Contracts.
Total Guaranteed Withdrawal Amount. While the Lifetime Withdrawal Guarantee rider II is in effect, we guarantee that you will receive a minimum amount over time. We refer to this minimum amount as the Total Guaranteed Withdrawal Amount. The initial Total Guaranteed Withdrawal Amount is equal to your initial Purchase Payment. We increase the Total Guaranteed Withdrawal Amount (up to a maximum of $10,000,000) by each additional Purchase Payment.
Updated Information You Should Consider About the Contract
The information in this Updating Summary Prospectus is a summary of certain Contract features that have changed since the Updating Summary Prospectus dated April 29, 2024. This may not reflect all of the changes that have occurred since you entered into your Contract.
Changes Affecting the Investment Portfolios
Portfolio Name Changes. Certain Investment Portfolios were subject to a name change. The chart below identifies the former name and new name of the Investment Portfolios. 
Former Name
New Name
Brighthouse Funds Trust I
Brighthouse Funds Trust I
Brighthouse/abrdn Emerging Markets Equity Portfolio
SSGA Emerging Markets Enhanced Index Portfolio II*
*The effective date of this name change was August 19, 2024.
Portfolio Merger. The following Former Investment Portfolio was merged with and into the New Investment Portfolio. 
Brighthouse Funds Trust I
Brighthouse Funds Trust I
SSGA Emerging Markets Enhanced Index Portfolio II
SSGA Emerging Markets Enhanced Index Portfolio
Portfolio Addition. As a result of the merger described above, the SSGA Emerging Markets Enhanced Index Portfolio has been added to the Contract.
3
Important Information You Should Consider About the Contract 
 
Fees and Expenses
Location in
Prospectus
Charges for Early
Withdrawals
None
Fee Table and
Examples
 
Expenses –
Withdrawal
Charge
Transaction
Charges
You may be charged for the following transactions: transfers of cash value
between investment options, which include the Investment Portfolios.
Transfer Fee. Currently, we allow unlimited transfers among the investment
options without charge. However, we reserve the right to charge for transfers
after the first 12 transfers per year.
Fee Table and
Examples
 
Expenses –
Transfer Fee
4
 
Fees and Expenses
Location in
Prospectus
Ongoing Fees and
Expenses (annual
charges)
The table below describes the fees and expenses 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.
Fee Table and
Examples
 
Expenses –
Product
Charges
 
Appendix A:
Available
Under the
Contract
Annual Fee
Minimum
Maximum
Base Contract1
1.71%
1.71%
Investment options
(Portfolio Company fees and
expenses)2
0.52%
1.23%
Optional benefits available for
an additional charge (for a
single optional benefit, if
elected)
0.20%3
1.70%4
1 As a percentage of average Account Value in the Separate Account. The charge shown also
includes the Account Fee.
2 As a percentage of fund assets before temporary expense reimbursements and/or fee waivers.
3 As a percentage of average Account Value in the Separate Account. This charge is the current
charge for the least expensive optional benefit.
4 As a percentage of the Total Guaranteed Withdrawal Amount, which is a value used to
calculate your benefit. This charge is the current charge for the most expensive optional benefit.
 
 
Because your Contract is customizable, the choices you make affect how
much you will pay. To help you understand the cost of owning your
Contract, the following table shows the lowest and highest cost you could
pay each year, based on current charges. This estimate assumes that you do
not take withdrawals from the Contract, which could add withdrawal
charges that substantially increase costs
Lowest Annual Cost
$2,021
Highest Annual Cost
$6,343
Assumes:
Assumes:
●Investment of $100,000
●5% annual appreciation
●Least expensive Portfolio Company fees
and expenses
●No optional benefits
●No Purchase Payment Credits
●No additional purchase payments,
transfers, or withdrawals
●Investment of $100,000
●5% annual appreciation
●Most expensive combination
of optional benefits and
Portfolio Company fees and
expenses
Credits
●No additional purchase
payments, transfers, or
withdrawals
 
Risks
 
Risk of Loss
You can lose money by investing in this Contract including loss of principal.
Principal Risks
Not a Short-Term
Investment
This Contract is not a short-term investment and is not appropriate for an
investor who needs ready access to cash.
The benefits of tax deferral and living benefit protection also mean the
Contract is more beneficial to investors with a long time horizon.
Principal Risks
5
 
Risks
Location in
Prospectus
Risks Associated
with Investment
Options
●An investment in this Contract is subject to the risk of poor investment
performance and can vary depending on the performance of the investment
options available under the Contract (e.g., Portfolio Companies).
●Each investment option has its own unique risks.
●You should review the prospectuses for the available funds before making
an investment decision.
Principal Risks
Insurance
Company Risks
An investment in the Contract is subject to the risks related to us. Any
obligations and guarantees and benefits of the Contract that exceed the assets
of the Separate Account are subject to our claims-paying ability. If we
experience financial distress, we may not be able to meet our obligations to
you. More information about BLIC, including our financial strength ratings,
is available by contacting us at (888) 243-1968.
Principal Risks
 
Restrictions
 
Investments
●Currently, we allow unlimited transfers without charge among investment
options during the Accumulation Phase. However, we reserve the right to
impose a charge for transfers in excess of 12 per year.
●We reserve the right to limit transfers in circumstances of frequent or large
transfers.
●We reserve the right to remove or substitute the Portfolio Companies
available as investment options under the Contract.
Investment
Options
Optional Benefits
•Contract owners enrolled in the Asset Allocation Program will have their
allocations automatically rebalanced/transferred upon any change or
update to the elected asset allocation model. For contract owners
participating in the Asset Allocation Program, our affiliate Brighthouse
Advisers, an investment adviser registered under the Investment Advisers
Act of 1940, serves as your investment adviser, but solely for the purpose
of developing and updating the models.
●Certain optional benefits could limit subsequent Purchase Payments.
●Withdrawals may reduce the value of an optional benefit by an amount
greater than the value withdrawn, which could significantly reduce the
value or even terminate the benefit.
●We may stop offering an optional benefit at any time for new sales.
Investment
Options -
Marquis Asset
Allocation
Program
 
Living Benefits
 
 
Taxes
 
Tax Implications
●Consult with a tax professional to determine the tax implications of an
investment in and payments received under this Contract.
●If you purchase the Contract through a tax-qualified plan or individual
retirement account, you do not get any additional tax benefit.
●You will generally not be taxed on increases in the value of the Contract
until they are withdrawn. Withdrawals will be subject to ordinary income
tax, and may be subject to tax penalties if you take a withdrawal before
age 59 1∕2.
Federal
Income Tax
Status
 
Conflicts of Interest
 
Investment
Professional
Compensation
Your investment professional may receive compensation for selling this
Contract to you, in the form of commissions, additional cash benefits (e.g.,
bonuses), and non-cash compensation. This conflict of interest may influence
your investment professional to recommend this Contract over another
investment for which the investment professional is not compensated or
compensated less.
Other
Information –
Distributor
6
 
Conflicts of Interest
Location in
Prospectus
Exchanges
If you already own an insurance Contract, some investment professionals
may have a financial incentive to offer you a new Contract in place of the
one you own. You should only exchange a Contract you already own if you
determine, after comparing the features, fees, and risks of both Contracts,
that it is better for you to purchase the new Contract rather than continue to
own your existing Contract.
Replacement
of Contracts
and Other
Exchanges
7
 
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APPENDIX A
Investment Portfolios Available Under the Contract
The following is a list of Investment Portfolios under the Contract. More information about the Investment Portfolios is available in the prospectuses for the Investment Portfolios, which may be amended from time to time and can be found online at https://dfinview.com/BHF/PUFT/BHF145. You can also request this information at no cost by calling (888) 243-1932 or sending an email request to [email protected].
The current expenses and performance information below reflects fees and expenses of the Investment Portfolio, but do not reflect the other fees and expenses that your Contract may charge. Expenses would be higher and performance would be lower if these other charges were included. Each Investment Portfolio’s past performance is not necessarily an indication of future performance. 
Investment Objectives
Portfolio Company and
Adviser/Sub-Adviser
Current
Expenses
Average Annual
Total Returns
(as of 12/31/2024)
1
Year
5
Year
10
Year
Seeks long-term growth of capital.
American Funds Global Growth
Fund — Class 2#
Capital Research and Management
CompanySM
0.66%
13.68%
9.76%
10.74%
Seeks growth of capital.
American Funds Growth
Fund — Class 2
Capital Research and Management
CompanySM
0.59%
31.61%
18.83%
16.58%
Seeks long-term growth of capital
and income.
American Funds Growth-Income
Fund — Class 2
Capital Research and Management
CompanySM
0.53%
24.23%
13.01%
12.20%
Seeks to maximize total return,
consistent with income generation
and prudent investment
management.
BlackRock High Yield
Portfolio — Class A#
Brighthouse Investment Advisers,
LLC
Subadviser: BlackRock Financial
Management, Inc.
0.63%
8.42%
4.67%
5.28%
Seeks long-term capital appreciation.
Brighthouse Small Cap Value
Portfolio — Class B#
Brighthouse Investment Advisers,
LLC
Subadviser: Allspring Global
Investments, LLC
1.08%
8.10%
7.00%
7.82%
Seeks a high level of current income.
Brighthouse/Eaton Vance Floating
Rate Portfolio — Class B
Brighthouse Investment Advisers,
LLC
Subadviser: Eaton Vance
Management
0.95%
7.70%
4.40%
4.11%
Seeks long-term capital appreciation.
Brighthouse/Wellington Large Cap
Research Portfolio — Class E#
Brighthouse Investment Advisers,
LLC
Subadviser: Wellington Management
Company LLP
0.69%
21.51%
13.34%
12.29%
A-1
Investment Objectives
Portfolio Company and
Adviser/Sub-Adviser
Current
Expenses
Average Annual
Total Returns
(as of 12/31/2024)
1
Year
5
Year
10
Year
Seeks total return through
investment in real estate securities,
emphasizing both capital
appreciation and current income.
CBRE Global Real Estate
Portfolio — Class B#
Brighthouse Investment Advisers,
LLC
Subadviser: CBRE Investment
Management Listed Real Assets
LLC
0.90%
0.40%
1.62%
3.13%
Seeks long-term capital appreciation.
Harris Oakmark International
Portfolio — Class A#
Brighthouse Investment Advisers,
LLC
Subadviser: Harris Associates L.P.
0.72%
-4.73%
1.84%
3.53%
Seeks capital growth and income.
Invesco Comstock
Portfolio — Class B#
Brighthouse Investment Advisers,
LLC
Subadviser: Invesco Advisers, Inc.
0.82%
14.73%
11.42%
9.39%
Seeks capital appreciation.
Invesco Global Equity
Portfolio — Class B#
Brighthouse Investment Advisers,
LLC
Subadviser: Invesco Advisers, Inc.
0.83%
16.15%
9.43%
9.82%
Seeks long-term growth of capital.
Invesco Small Cap Growth
Portfolio — Class A#
Brighthouse Investment Advisers,
LLC
Subadviser: Invesco Advisers, Inc.
0.82%
16.59%
7.46%
8.47%
Seeks long-term capital growth.
JPMorgan Small Cap Value
Portfolio — Class A#
Brighthouse Investment Advisers,
LLC
Subadviser: J.P. Morgan Investment
Management Inc.
0.77%
9.20%
8.70%
7.00%
Seeks long-term growth of capital.
Loomis Sayles Growth
Portfolio — Class A††
Brighthouse Investment Advisers,
LLC
Subadviser: Loomis, Sayles &
Company, L.P.
0.55%
34.47%
18.33%
12.15%
Seeks long-term growth of capital.
Loomis Sayles Growth
Portfolio — Class B#
Brighthouse Investment Advisers,
LLC
Subadviser: Loomis, Sayles &
Company, L.P.
0.80%
34.13%
18.04%
11.87%
Seeks capital appreciation.
MFS® Research International
Portfolio — Class B#
Brighthouse Investment Advisers,
LLC
Subadviser: Massachusetts Financial
Services Company
0.89%
2.95%
3.87%
5.23%
A-2
Investment Objectives
Portfolio Company and
Adviser/Sub-Adviser
Current
Expenses
Average Annual
Total Returns
(as of 12/31/2024)
1
Year
5
Year
10
Year
Seeks capital appreciation.
Morgan Stanley Discovery
Portfolio — Class B#
Brighthouse Investment Advisers,
LLC
Subadviser: Morgan Stanley
Investment Management Inc.
0.91%
38.93%
10.62%
12.02%
Seeks maximum real return,
consistent with preservation of
capital and prudent investment
management.
PIMCO Inflation Protected Bond
Portfolio — Class B
Brighthouse Investment Advisers,
LLC
Subadviser: Pacific Investment
Management Company LLC
1.06%
2.12%
1.85%
2.00%
Seeks maximum total return,
consistent with the preservation of
capital and prudent investment
management.
PIMCO Total Return
Portfolio — Class B#
Brighthouse Investment Advisers,
LLC
Subadviser: Pacific Investment
Management Company LLC
0.84%
2.43%
-0.14%
1.43%
Seeks to provide total return,
primarily through capital
appreciation.
SSGA Emerging Markets Enhanced
Index Portfolio — Class B#
Brighthouse Investment Advisers,
LLC
Subadviser: SSGA Funds
Management, Inc
0.91%
11.13%
2.76%
 — 
Seeks long-term capital appreciation
by investing in common stocks
believed to be undervalued. Income
is a secondary objective.
T. Rowe Price Large Cap Value
Portfolio — Class B#
Brighthouse Investment Advisers,
LLC
Subadviser: T. Rowe Price
Associates, Inc.
0.78%
11.11%
8.41%
8.45%
Seeks long-term capital appreciation
by investing in common stocks
believed to be undervalued. Income
is a secondary objective.
T. Rowe Price Large Cap Value
Portfolio — Class E††
Brighthouse Investment Advisers,
LLC
Subadviser: T. Rowe Price
Associates, Inc.
0.68%
11.18%
8.52%
8.55%
Seeks long-term growth of capital.
T. Rowe Price Mid Cap Growth
Portfolio — Class B††
Brighthouse Investment Advisers,
LLC
Subadviser: T. Rowe Price
Associates, Inc.
Sub-Subadviser: T. Rowe Price
Investment Management, Inc.
0.94%
9.31%
7.65%
10.11%
Seeks high total return by investing
in equity securities of mid-sized
companies.
Victory Sycamore Mid Cap Value
Portfolio — Class B#
Brighthouse Investment Advisers,
LLC
Subadviser: Victory Capital
Management Inc.
0.85%
9.78%
10.75%
8.31%
A-3
Investment Objectives
Portfolio Company and
Adviser/Sub-Adviser
Current
Expenses
Average Annual
Total Returns
(as of 12/31/2024)
1
Year
5
Year
10
Year
Seeks a competitive total return
primarily from investing in fixed-
income securities.
BlackRock Bond Income
Portfolio — Class E#
Brighthouse Investment Advisers,
LLC
Subadviser: BlackRock Advisors,
LLC
0.54%
1.35%
-0.20%
1.50%
Seeks long-term growth of capital.
BlackRock Capital Appreciation
Portfolio — Class A#
Brighthouse Investment Advisers,
LLC
Subadviser: BlackRock Advisors,
LLC
0.56%
31.99%
16.00%
15.07%
Seeks a high level of current income
consistent with prudent investment
risk and preservation of capital.
BlackRock Ultra-Short Term Bond
Portfolio — Class E#
Brighthouse Investment Advisers,
LLC
Subadviser: BlackRock Advisors,
LLC
0.52%
4.95%
2.19%
1.55%
Seeks long-term capital appreciation.
Brighthouse/Dimensional
International Small Company
Portfolio — Class B#
Brighthouse Investment Advisers,
LLC
Subadviser: Dimensional Fund
Advisors LP
1.02%
3.08%
3.59%
5.46%
Seeks to provide a growing stream of
income over time and, secondarily,
long-term capital appreciation and
current income.
Brighthouse/Wellington Core Equity
Opportunities Portfolio — Class A#
Brighthouse Investment Advisers,
LLC
Subadviser: Wellington Management
Company LLP
0.62%
8.61%
8.97%
10.16%
Seeks long-term growth of capital.
Jennison Growth
Portfolio — Class B#
Brighthouse Investment Advisers,
LLC
Subadviser: Jennison Associates LLC
0.79%
30.00%
17.24%
16.08%
Seeks long-term capital growth from
investments in common stocks or
other equity securities.
Loomis Sayles Small Cap Core
Portfolio — Class B#
Brighthouse Investment Advisers,
LLC
Subadviser: Loomis, Sayles &
Company, L.P.
1.15%
11.46%
8.51%
8.43%
Seeks a favorable total return
through investment in a diversified
portfolio.
MFS® Total Return
Portfolio — Class F#
Brighthouse Investment Advisers,
LLC
Subadviser: Massachusetts Financial
Services Company
0.82%
7.57%
5.94%
6.29%
Seeks capital appreciation.
MFS® Value Portfolio — Class A#
Brighthouse Investment Advisers,
LLC
Subadviser: Massachusetts Financial
Services Company
0.58%
11.91%
8.23%
8.89%
A-4
Investment Objectives
Portfolio Company and
Adviser/Sub-Adviser
Current
Expenses
Average Annual
Total Returns
(as of 12/31/2024)
1
Year
5
Year
10
Year
Seeks high total return, consisting
principally of capital appreciation.
Neuberger Berman Genesis
Portfolio — Class B#
Brighthouse Investment Advisers,
LLC
Subadviser: Neuberger Berman
Investment Advisers LLC
1.06%
8.81%
8.31%
9.43%
Seeks long-term growth of capital.
T. Rowe Price Large Cap Growth
Portfolio — Class B††
Brighthouse Investment Advisers,
LLC
Subadviser: T. Rowe Price
Associates, Inc.
0.81%
29.98%
13.12%
13.61%
Seeks long-term capital growth.
T. Rowe Price Small Cap Growth
Portfolio — Class B††
Brighthouse Investment Advisers,
LLC
Subadviser: T. Rowe Price
Associates, Inc.
0.76%
13.20%
8.05%
9.82%
Seeks to maximize total return
consistent with preservation of
capital.
Western Asset Management Strategic
Bond Opportunities
Portfolio — Class E#
Brighthouse Investment Advisers,
LLC
Subadviser: Western Asset
Management Company LLC
0.71%
4.65%
0.86%
2.79%
Seeks to maximize total return
consistent with preservation of
capital and maintenance of liquidity.
Western Asset Management
U.S. Government
Portfolio — Class A#
Brighthouse Investment Advisers,
LLC
Subadviser: Western Asset
Management Company LLC
0.50%
2.34%
0.24%
1.19%
Seeks long-term capital growth.
Templeton Foreign VIP
Fund — Class 2#
Templeton Investment Counsel,
LLC
1.06%
-1.00%
2.60%
2.38%
Seeks long-term capital appreciation.
ClearBridge Variable Appreciation
Portfolio — Class I
Legg Mason Partners Fund Advisor,
LLC
Subadviser: ClearBridge
Investments, LLC
0.70%
22.65%
12.78%
11.99%
Seeks dividend income, growth of
dividend income and long-term
capital appreciation.
ClearBridge Variable Dividend
Strategy Portfolio — Class I††
Legg Mason Partners Fund Advisor,
LLC
Subadviser: ClearBridge
Investments, LLC
0.75%
16.85%
10.85%
10.64%
Seeks long-term growth of capital.
ClearBridge Variable Large Cap
Growth Portfolio — Class I††
Legg Mason Partners Fund Advisor,
LLC
Subadviser: ClearBridge
Investments, LLC
0.74%
27.89%
14.75%
14.58%
A-5
Investment Objectives
Portfolio Company and
Adviser/Sub-Adviser
Current
Expenses
Average Annual
Total Returns
(as of 12/31/2024)
1
Year
5
Year
10
Year
Seeks long-term growth of capital as
its primary objective. Current
income is a secondary objective.
ClearBridge Variable Large Cap
Value Portfolio — Class I
Legg Mason Partners Fund Advisor,
LLC
Subadviser: ClearBridge
Investments, LLC
0.72%
8.08%
9.11%
8.63%
Seeks long-term growth of capital.
ClearBridge Variable Small Cap
Growth Portfolio — Class I
Legg Mason Partners Fund Advisor,
LLC
Subadviser: ClearBridge
Investments, LLC
0.80%
4.50%
5.39%
7.93%
Seeks to maximize total return.
Western Asset Variable Global High
Yield Bond Portfolio — Class I
Legg Mason Partners Fund Advisor,
LLC
Subadvisers: Western Asset
Management Company, LLC;
Western Asset Management
Company Limited; Western Asset
Management Pte. Ltd.
0.81%
7.06%
2.06%
3.71%
#
Certain Investment Portfolios and their investment advisers have entered into temporary expense reimbursements and/or fee waivers, which are reflected in the Current Expenses. Please see the Investment Portfolios' prospectuses for additional information regarding these arrangements.
††
Closed to new investments except under dollar cost averaging and rebalancing programs in existence at the time of closing.
A-6
  
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The prospectus and statement of additional information (“SAI”) include additional information. The prospectus and SAI are dated the same as this summary prospectus and are incorporated by reference. The prospectus and SAI are available, without charge, upon request. For a free copy, call us at (888) 243-1932, or send an email request to [email protected]. You can also access the prospectus, SAI and other information about the Contract online at https://dfinview.com/BHF/PUFT/BHF145.
Reports and other information about the Separate Account are available on the SEC’s website at https://www.sec.gov/ and copies of this information may be obtained, upon payment of a duplicating fee, by electronic request at the following email address: [email protected].
EDGAR Contract Identifier No. is C000151841

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