Form 497VPU Brighthouse Variable

April 22, 2026 8:45 AM EDT
 
EQUITY ADVANTAGE VUL
Flexible Premium
Variable Life Insurance Policies
Issued by
Brighthouse Variable Life Account A of
Brighthouse Life Insurance Company
Updating Summary Prospectus
April 27, 2026
This Summary Prospectus summarizes key features of the Equity Advantage VUL flexible premium life insurance policy (the “Policy”).
The prospectus for the Policy contains more information about the Policy’s features, benefits, and risks. You can find the current prospectus and other information about the Policy online at https://dfinview.com/BHF/PUFT/BHF204. You can also obtain this information at no cost by calling (800) 882-1292 or by sending an email request to [email protected].
The Policy is a complex investment and involves risks, including potential loss of principal. The Policy is not a short-term investment and is not appropriate for an investor who needs ready access to cash. Surrenders (partial or full) could result in surrender charges and taxes.
The Company’s obligations under the Policy are subject to our financial strength and claims-paying ability. Additional general information about certain investment products, including variable life insurance, 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.
 
Glossary
Attained Age.  The insured’s age plus the number of completed Policy years.
Base Policy. The Policy without riders.
Cash Surrender Value. The amount you receive if you surrender the Policy. It is equal to the Policy’s Cash Value reduced by any surrender charge that would apply on surrender and by any outstanding Policy loan and accrued interest.
Cash Value. A Policy’s Cash Value includes the amount of its cash value held in the Separate Account, the amount held in the Fixed Account, if there is an outstanding Policy loan, the amount of its cash value held in the Loan Account, and any amount held in the EDCA account.
Fixed Account. The Fixed Account is a part of our general account to which you may allocate net premiums. It provides guarantees of principal and interest.
Investment Division. A sub-account of the Separate Account that invests in shares of an open-ended management investment company or other pools of investment assets.
Monthly Deduction.  The amount deducted from the Policy’s Cash Value on the first day of each Policy month, consisting of a Policy charge, a coverage expense charge, a mortality and expense risk charge, a cost of insurance charge and charges for any optional rider benefits.
Net Cash Value. The Policy’s Cash Value less any outstanding loans and accrued loan interest.
Portfolios. The mutual fund portfolios available under your Policy.
Premiums.  Premiums include all payments under the Policy, whether a Planned Premium or an unscheduled payment.
Separate Account. Brighthouse Variable Life Account A, a Separate Account established by BLIC to receive and invest premiums paid under the Policies and certain other variable life insurance policies, and to provide variable benefits.
Target Premium.   We use the Target Premium to determine the amount of mortality and expense risk charge imposed on the Separate Account and the amount of sales charge imposed on premium payments. The Target Premium varies by issue age, sex (except for unisex Policies), smoking status and any flat extras and substandard rating of the insured, and the Policy’s base face amount, with additional amounts for most riders.
Updated Information You Should Consider About the Policy
The information in this Updating Summary Prospectus is a summary of certain Policy features that have changed since the Updating Summary Prospectus dated April 28, 2025. This may not reflect all of the changes that have occurred since you purchased your Policy.
On November 6, 2025, Brighthouse Financial, Inc. (“BHF”) and Aquarian Capital LLC (“Aquarian”) announced that they had entered into a definitive agreement under which an affiliate of Aquarian will acquire BHF. This transaction is subject to the satisfaction or waiver of customary closing conditions, including receipt of applicable regulatory approvals. Subject to such approvals and the satisfaction or waiver of the other conditions, the transaction is expected to be consummated in 2026. 
Upon the consummation of the transaction, Aquarian will become the ultimate parent of BHF and the Company will remain an indirect wholly-owned subsidiary of BHF. Although Aquarian will replace BHF as the Company’s ultimate parent, the Company will continue in its present role as the issuer of your Policy. All of your rights and benefits under your Policy and the Company’s obligations under the Policy will remain unchanged.
Founded in 2017, Aquarian Capital is a diversified global holding company with a strategic portfolio of insurance and asset management solutions.  Aquarian is headquartered in New York, NY.
Changes Affecting the Portfolios 
 
3
Portfolio Name Changes. Certain Portfolios were subject to a name change. The chart below identifies the former name
and new name of these Portfolios.  
Former Name
New Name
American Funds Insurance Series®
American Funds Insurance Series®
American Funds Global Small Capitalization Fund
American Funds SMALLCAP World Fund®*
Brighthouse Funds Trust I
Brighthouse Funds Trust I
SSGA Emerging Markets Enhanced Index Portfolio
SSGA Growth ETF Portfolio
SSGA Growth and Income ETF Portfolio
State Street Emerging Markets Enhanced Index Portfolio
State Street Moderately Aggressive ETF Portfolio
State Street Moderate ETF Portfolio
*The effective date of this name change is May 1, 2026.
4
IMPORTANT INFORMATION YOU SHOULD CONSIDER about the policy 
 
Fees and Expenses
Location in
Prospectus
Charges for Early
Withdrawals
If, during the first ten Policy years, or during the first ten Policy years
following a face amount increase, you surrender or lapse your Policy,
reduce the face amount, or make a partial withdrawal or change in
death benefit option that reduces the face amount, then we will deduct a
surrender charge from the Cash Value.
The maximum surrender charge will not be greater than 3.825% of the
Base Policy’s face amount. For example, if your Policy had a Base Policy
face amount of $100,000 and you surrendered the Policy in Policy
year 1, you could pay a surrender charge of up to $3,825.00.
Charges –
Surrender Charge
 
Fee Tables
Transaction
Charges
In addition to surrender charges, you also may be charged for other
transactions. These charges include a sales charge and/or state and
federal premium tax with respect to Premium payments; an
administrative charge for partial withdrawals; a transfer charge on your
transfer of Cash Value among the Investment Divisions and to and from
the Fixed Account; and an Illustration of Benefits Charge upon provision
to you of each illustration in excess of one per year.
Charges – Sales
Charge; Premium
Tax Charge;
Transfer Charge;
Illustrations of
Benefits Charge;
Partial Withdrawal
Charge
 
Fee Tables
Ongoing Fees and
Expenses (annual
charges)
In addition to surrender charges and transaction charges, an investment
in the Policy is subject to certain ongoing fees and expenses, including a
cost of insurance charge; a Policy charge; a mortality and expense risk
charge; a coverage expense charge; loan interest spread; and charges
for various riders offered along with the Policy. Certain of those ongoing
charges vary in amount depending on the insured’s age, risk class, and
(except for unisex Policies) sex. You should view the Policy specifications
page of your Policy for the specific charges applicable to your Policy.
 
 
You will also bear expenses associated with the Portfolios under the
Policy, as shown in the following table:
Charges – Policy
Charge; Coverage
Expenses Charge;
Monthly Charges
for the Cost of
Insurance;
Mortality and
Expense Risk
Charge; Loan
Interest Spread;
Optional Benefit
Charges; Portfolio
Expenses
 
Fee Tables
Annual Fee
Minimum
Maximum
Investment options
(Portfolio fees and
expenses)
0.27%
1.17%
 
RISKS
 
Risk of Loss
You can lose money by investing in the Policy.
Principal Risks of
Investing in the
Policy
Not a Short-Term
Investment
The Policy is not a short-term investment and is not appropriate for an
investor who needs ready access to cash. If you make a premature
withdrawal of cash from your Policy, you may incur various costs (e.g., a
surrender charge) and also possible Federal income tax.
Principal Risks of
Investing in the
Policy
 
Charges
5
 
RISKS
 
Risks Associated
with Investment
Options
An investment in the Policy is subject to the risk of poor investment
performance and can vary depending on the performance of the
investment options available under the Policy (e.g., the Portfolios). Each
investment option, including the Fixed Account, will have its own unique
risks, and you should review these investment options before making an
investment decision.
The Company, The
Separate Account
and The Portfolios -
the Portfolios
Insurance
Company Risks
An investment in the Policy is subject to the risks related to BLIC,
including that any obligations (including obligations related to amounts
invested in the Fixed Account), guarantees, or benefits are subject to
BLIC’s claims-paying ability. More information about BLIC, including its
financial strength ratings, is available upon request by calling (888)
243-1968.
The Company, The
Separate Account
and The Portfolios -
the Company; the
Separate Account
Contract Lapse
In general, in any month that your Policy’s Cash Surrender Value is not
large enough to cover the Monthly Deduction (i.e., the amount we
deduct on the first day of each Policy month for charges such as the
Policy charge), your Policy will be in default, and may lapse. Your Policy’s
Cash Surrender Value can be impacted by poor investment performance
of the Portfolios you select. Your Policy may also lapse if Policy loans
plus accrued interest exceed the Policy’s Cash Value less the surrender
charge. Additionally, insufficient Premium payments, withdrawals and
policy charges (including increases in those charges) could cause the
Policy to lapse and you will no longer have insurance coverage. If your
Policy has lapsed, in most states you may reinstate it within three years
after the date of lapse if the insured has not reached Attained Age121.
In North Carolina and Missouri, you may reinstate your Policy within five
years after the date of lapse. Reinstatement in all cases requires
payment of certain charges described in the Policy and usually requires
evidence of insurability that is satisfactory to us. Death benefits will not
be paid if the Policy has lapsed.
Lapse and
Reinstatement
 
Restrictions
 
Investments
Availability of Portfolios. We reserve the right to close or substitute a
Portfolio or limit its availability to subsequent Premium payments and/or
transfers of Cash Value.
Transfers. We may limit the number of transfers among the Investment
Divisions and the Fixed Account to no more than four per Policy year. We
may impose a processing charge of $25 for each transfer. We may also
impose restrictions on frequent transfers. We are not currently imposing
the maximum limit on transfers and withdrawals from the Fixed Account,
but we reserve the right to do so.
The Company, The
Separate Account
and The Portfolios
 
Charges - Transfer
Charge
Optional Benefits
Various optional benefits may be available in the form of a rider to your
Policy. Not all of these riders may be available to you. In general,
supplemental insurance benefits may be (i) available only to insureds
within certain age ranges and/or who meet certain criteria (e.g., terminal
illness) (ii) subject to minimum and/or maximum specified amounts, and
(iii) subject to certain termination conditions. We may stop offering an
optional benefit at any time.
Other Benefits
Available Under the
Policy
 
Taxes
 
Tax Implications
You should consult with a tax professional to determine the tax
implications of an investment in and payments received under the
Policy. Please note that there is no additional tax benefit to you if the
Policy is purchased through a tax-qualified plan. Withdrawals will be
subject to ordinary income tax and may be subject to tax penalties.
Tax Considerations
6
 
Conflict of Interest
 
Investment
Professional
Compensation
All firms selling the Policy receive commissions. The portion of the
commission payments that selling firms pass on to their sales
representatives is determined in accordance with their internal
compensation programs. A selling firm, or a sales representative of a
selling firm, may receive different compensation for selling one product
over another and may have a financial incentive to offer or recommend
the Policy over another investment. Apart from the payment of
commissions, selling firms may receive additional compensation,
including marketing allowances, introduction fees, persistency
payments, preferred status fees and industry conference fees.
Distribution of the
Policies
Exchanges
In general, sales representatives may have a financial incentive to offer
you a new insurance policy in place of the policy you already own. You
should exchange your Policy only if you determine, after comparing the
features, fees, and risks of both policies, that it is preferable for you to
purchase the new policy rather than continue to own the existing Policy.
Distribution of the
Policies
7
 
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APPENDIX B
PORTFOLIOS AVAILABLE UNDER THE POLICY
The following is a list of Portfolios available under the Policy. More information about the Portfolios is available in the prospectuses for the Portfolios, which may be amended from time to time and can be found online at https://dfinview.com/BHF/PUFT/BHF204. You can also request this information at no cost by calling our TeleService Center at (800) 882-1292 or by sending an email request to [email protected].
The current expenses and performance information below reflects fees and expenses of the Portfolios, but do not reflect the other fees and expenses that your Policy may charge. Expenses would be higher and performance would be lower if these other charges were included. Each Portfolio’s past performance is not necessarily an indication of future performance.  
Investment Objectives
Portfolio Company and
Adviser/Sub-Adviser
Current Expenses
Average Annual
Total Returns
(as of 12/31/2025)
1
Year
5
Year
10
Year
Seeks growth of capital.
American Funds Growth
Fund — Class 2
Capital Research and
Management CompanySM
0.58%
20.24%
13.37%
17.97%
Seeks long-term growth of
capital and income.
American Funds
Growth-Income Fund —
Class 2
Capital Research and
Management CompanySM
0.53%
18.06%
13.90%
13.92%
Seeks long-term growth of
capital.
American Funds
SMALLCAP World Fund®
— Class 21#
Capital Research and
Management CompanySM
0.90%
14.64%
0.49%
7.23%
Seeks as high a level of
current income as is
consistent with the
preservation of capital.
American Funds The Bond
Fund of America —
Class 2#
Capital Research and
Management CompanySM
0.47%
7.26%
-0.14%
2.36%
Seeks capital appreciation
and current income.
AB Global Dynamic
Allocation Portfolio —
Class B*
Brighthouse Investment
Advisers, LLC
Subadviser:
AllianceBernstein L.P.
0.92%
11.56%
3.05%
4.77%
Seeks growth of capital.
American Funds®
Aggressive Allocation
Portfolio — Class B‡
Brighthouse Investment
Advisers, LLC
0.69%
20.32%
9.62%
11.22%
Seeks a balance between
a high level of current
income and growth of
capital, with a greater
emphasis on growth of
capital.
American Funds®
Balanced Allocation
Portfolio — Class B‡
Brighthouse Investment
Advisers, LLC
0.66%
17.35%
7.60%
9.31%
B-1
Investment Objectives
Portfolio Company and
Adviser/Sub-Adviser
Current Expenses
Average Annual
Total Returns
(as of 12/31/2025)
1
Year
5
Year
10
Year
Seeks a high total return in
the form of income and
growth of capital, with a
greater emphasis on
income.
American Funds®
Moderate Allocation
Portfolio — Class B‡
Brighthouse Investment
Advisers, LLC
0.65%
14.78%
6.01%
7.61%
Seeks capital appreciation
and current income.
BlackRock Global Tactical
Strategies Portfolio —
Class B#*
Brighthouse Investment
Advisers, LLC
Subadviser: BlackRock
Financial Management,
Inc.
0.94%
11.44%
3.54%
5.10%
Seeks growth of capital.
Brighthouse Asset
Allocation 100 Portfolio —
Class A‡
Brighthouse Investment
Advisers, LLC
0.71%
17.41%
8.91%
10.97%
Seeks a balance between
a high level of current
income and growth of
capital, with a greater
emphasis on growth of
capital.
Brighthouse Balanced Plus
Portfolio — Class B*
Brighthouse Investment
Advisers, LLC
Subadviser: Overlay
Portion: Pacific Investment
Management Company
LLC
1.17%
11.95%
1.31%
5.83%
Seeks current income with
capital appreciation and
growth of income.
Brighthouse/Templeton
International Bond
Portfolio — Class A#
Brighthouse Investment
Advisers, LLC
Subadviser: Franklin
Advisers, Inc.
0.69%
16.64%
-0.44%
-0.39%
Seeks long-term capital
appreciation.
Brighthouse/Wellington
Large Cap Research
Portfolio — Class A#
Brighthouse Investment
Advisers, LLC
Subadviser: Wellington
Management Company
LLP
0.54%
15.91%
12.30%
13.62%
Seeks total return through
investment in real estate
securities, emphasizing
both capital appreciation
and current income.
CBRE Global Real Estate
Portfolio — Class A#
Brighthouse Investment
Advisers, LLC
Subadviser: CBRE
Investment Management
Listed Real Assets LLC
0.66%
7.11%
4.30%
4.22%
B-2
Investment Objectives
Portfolio Company and
Adviser/Sub-Adviser
Current Expenses
Average Annual
Total Returns
(as of 12/31/2025)
1
Year
5
Year
10
Year
Seeks long-term capital
appreciation.
Harris Oakmark
International Portfolio —
Class A#
Brighthouse Investment
Advisers, LLC
Subadviser: Harris
Associates L.P.
0.72%
33.17%
6.72%
7.01%
Seeks total return.
Invesco Balanced-Risk
Allocation Portfolio —
Class B#*
Brighthouse Investment
Advisers, LLC
Subadviser: Invesco
Advisers, Inc.
0.97%
13.14%
3.77%
5.80%
Seeks capital appreciation.
Invesco Global Equity
Portfolio — Class A#
Brighthouse Investment
Advisers, LLC
Subadviser: Invesco
Advisers, Inc.
0.58%
15.88%
7.56%
11.28%
Seeks long-term growth of
capital.
Invesco Small Cap Growth
Portfolio — Class A#
Brighthouse Investment
Advisers, LLC
Subadviser: Invesco
Advisers, Inc.
0.74%
6.17%
-0.66%
9.27%
Seeks capital appreciation
and current income.
JPMorgan Global Active
Allocation Portfolio —
Class B#*
Brighthouse Investment
Advisers, LLC
Subadviser: J.P. Morgan
Investment Management
Inc.
0.98%
13.92%
3.68%
5.77%
Seeks long-term capital
growth.
JPMorgan Small Cap Value
Portfolio — Class A#
Brighthouse Investment
Advisers, LLC
Subadviser: J.P. Morgan
Investment Management
Inc.
0.79%
12.48%
9.93%
9.09%
Seeks high total
investment return through
a combination of capital
appreciation and income.
Loomis Sayles Global
Allocation Portfolio —
Class A#
Brighthouse Investment
Advisers, LLC
Subadviser: Loomis,
Sayles & Company, L.P.
0.79%
12.94%
6.52%
9.50%
B-3
Investment Objectives
Portfolio Company and
Adviser/Sub-Adviser
Current Expenses
Average Annual
Total Returns
(as of 12/31/2025)
1
Year
5
Year
10
Year
Seeks long-term growth of
capital.
Loomis Sayles Growth
Portfolio — Class A#
Brighthouse Investment
Advisers, LLC
Subadviser: Loomis,
Sayles & Company, L.P.
0.55%
15.21%
15.06%
14.19%
Seeks a balance between
growth of capital and
current income, with a
greater emphasis on
growth of capital.
MetLife Multi-Index
Targeted Risk Portfolio —
Class B*
Brighthouse Investment
Advisers, LLC
Subadviser: Overlay
Portion: MetLife
Investment Management,
LLC
0.62%
9.08%
2.93%
5.31%
Seeks capital appreciation.
MFS® Research
International Portfolio —
Class A#
Brighthouse Investment
Advisers, LLC
Subadviser:
Massachusetts Financial
Services Company
0.56%
22.72%
5.80%
7.83%
Seeks capital appreciation.
Morgan Stanley Discovery
Portfolio — Class A#
Brighthouse Investment
Advisers, LLC
Subadviser: Morgan
Stanley Investment
Management Inc.
0.65%
13.55%
-5.58%
14.29%
Seeks total return.
PanAgora Global
Diversified Risk
Portfolio — Class B#*
Brighthouse Investment
Advisers, LLC
Subadviser: PanAgora
Asset Management, Inc.
1.01%
19.84%
0.66%
5.01%
Seeks maximum real
return, consistent with
preservation of capital and
prudent investment
management.
PIMCO Inflation Protected
Bond Portfolio — Class A
Brighthouse Investment
Advisers, LLC
Subadviser: Pacific
Investment Management
Company LLC
1.13%
7.93%
1.40%
3.35%
B-4
Investment Objectives
Portfolio Company and
Adviser/Sub-Adviser
Current Expenses
Average Annual
Total Returns
(as of 12/31/2025)
1
Year
5
Year
10
Year
Seeks maximum total
return, consistent with the
preservation of capital and
prudent investment
management.
PIMCO Total Return
Portfolio — Class A#
Brighthouse Investment
Advisers, LLC
Subadviser: Pacific
Investment Management
Company LLC
0.58%
9.21%
0.19%
2.55%
Seeks capital appreciation
and current income.
Schroders Global
Multi-Asset Portfolio —
Class B#*
Brighthouse Investment
Advisers, LLC
Subadviser: Schroder
Investment Management
North America Inc.
0.96%
9.85%
4.28%
5.28%
Seeks to provide total
return, primarily through
capital appreciation.
State Street Emerging
Markets Enhanced Index
Portfolio — Class A#
Brighthouse Investment
Advisers, LLC
Subadviser: SSGA Funds
Management, Inc
0.55%
34.45%
6.31%
—
Seeks growth of capital
and income.
State Street Moderate ETF
Portfolio — Class A‡
Brighthouse Investment
Advisers, LLC
Subadviser: SSGA Funds
Management, Inc.
0.50%
17.09%
7.46%
8.13%
Seeks growth of capital.
State Street Moderately
Aggressive ETF
Portfolio — Class A‡
Brighthouse Investment
Advisers, LLC
Subadviser: SSGA Funds
Management, Inc.
0.53%
19.53%
9.28%
9.58%
Seeks long-term growth of
capital.
T. Rowe Price Mid Cap
Growth Portfolio —
Class A#
Brighthouse Investment
Advisers, LLC
Subadviser: T. Rowe Price
Associates, Inc.
Sub-Subadviser: T. Rowe
Price Investment
Management, Inc.
0.70%
3.75%
4.08%
10.05%
B-5
Investment Objectives
Portfolio Company and
Adviser/Sub-Adviser
Current Expenses
Average Annual
Total Returns
(as of 12/31/2025)
1
Year
5
Year
10
Year
Seeks high total return by
investing in equity
securities of mid-sized
companies.
Victory Sycamore Mid Cap
Value Portfolio — Class A#
Brighthouse Investment
Advisers, LLC
Subadviser: Victory Capital
Management Inc.
0.60%
2.51%
9.90%
9.86%
Seeks long-term growth of
capital.
Baillie Gifford International
Stock Portfolio — Class A#
Brighthouse Investment
Advisers, LLC
Subadviser: Baillie Gifford
Overseas Limited
0.74%
19.31%
0.96%
7.62%
Seeks a competitive total
return primarily from
investing in fixed-income
securities.
BlackRock Bond Income
Portfolio — Class A#
Brighthouse Investment
Advisers, LLC
Subadviser: BlackRock
Advisors, LLC
0.38%
7.95%
-0.17%
2.38%
Seeks long-term growth of
capital.
BlackRock Capital
Appreciation Portfolio —
Class A#
Brighthouse Investment
Advisers, LLC
Subadviser: BlackRock
Advisors, LLC
0.56%
13.19%
11.07%
15.80%
Seeks a high level of
current income, with
growth of capital as a
secondary objective.
Brighthouse Asset
Allocation 20 Portfolio —
Class A#‡
Brighthouse Investment
Advisers, LLC
0.68%
9.47%
2.32%
4.22%
Seeks high total return in
the form of income and
growth of capital, with a
greater emphasis on
income.
Brighthouse Asset
Allocation 40 Portfolio —
Class A‡
Brighthouse Investment
Advisers, LLC
0.66%
11.75%
4.10%
5.95%
Seeks a balance between
a high level of current
income and growth of
capital, with a greater
emphasis on growth of
capital.
Brighthouse Asset
Allocation 60 Portfolio —
Class A‡
Brighthouse Investment
Advisers, LLC
0.66%
13.96%
5.80%
7.73%
Seeks growth of capital.
Brighthouse Asset
Allocation 80 Portfolio —
Class A‡
Brighthouse Investment
Advisers, LLC
0.68%
15.91%
7.42%
9.49%
B-6
Investment Objectives
Portfolio Company and
Adviser/Sub-Adviser
Current Expenses
Average Annual
Total Returns
(as of 12/31/2025)
1
Year
5
Year
10
Year
Seeks long-term capital
growth.
Brighthouse/Artisan Mid
Cap Value Portfolio —
Class A#
Brighthouse Investment
Advisers, LLC
Subadviser: Artisan
Partners Limited
Partnership
0.78%
1.82%
7.04%
8.32%
Seeks long-term capital
appreciation with some
current income.
Brighthouse/Wellington
Balanced Portfolio —
Class A
Brighthouse Investment
Advisers, LLC
Subadviser: Wellington
Management Company
LLP
0.52%
12.67%
7.45%
9.41%
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%
7.83%
8.29%
10.73%
Seeks maximum capital
appreciation.
Frontier Mid Cap Growth
Portfolio — Class A#
Brighthouse Investment
Advisers, LLC
Subadviser: Frontier
Capital Management
Company, LLC
0.69%
5.16%
3.79%
10.15%
Seeks long-term growth of
capital.
Jennison Growth
Portfolio — Class A#
Brighthouse Investment
Advisers, LLC
Subadviser: Jennison
Associates LLC
0.54%
14.04%
10.28%
16.71%
Seeks long-term capital
growth from investments
in common stocks or other
equity securities.
Loomis Sayles Small Cap
Core Portfolio — Class A#
Brighthouse Investment
Advisers, LLC
Subadviser: Loomis,
Sayles & Company, L.P.
0.90%
5.29%
7.44%
9.43%
B-7
Investment Objectives
Portfolio Company and
Adviser/Sub-Adviser
Current Expenses
Average Annual
Total Returns
(as of 12/31/2025)
1
Year
5
Year
10
Year
Seeks long-term capital
growth.
Loomis Sayles Small Cap
Growth Portfolio —
Class A#
Brighthouse Investment
Advisers, LLC
Subadviser: Loomis,
Sayles & Company, L.P.
0.89%
4.03%
2.54%
10.12%
Seeks to track the
performance of the
Bloomberg U.S. Aggregate
Bond Index.
MetLife Aggregate Bond
Index Portfolio — Class A#
Brighthouse Investment
Advisers, LLC
Subadviser: MetLife
Investment Management,
LLC
0.26%
7.04%
-0.64%
1.75%
Seeks to track the
performance of the
Standard & Poor’s MidCap
400® Composite Stock
Price Index.
MetLife Mid Cap Stock
Index Portfolio — Class A
Brighthouse Investment
Advisers, LLC
Subadviser: MetLife
Investment Management,
LLC
0.30%
7.19%
8.81%
10.43%
Seeks to track the
performance of the MSCI
EAFE® Index.
MetLife MSCI EAFE® Index
Portfolio — Class A
Brighthouse Investment
Advisers, LLC
Subadviser: MetLife
Investment Management,
LLC
0.37%
31.02%
8.62%
8.04%
Seeks to track the
performance of the Russell
2000® Index.
MetLife Russell 2000®
Index Portfolio — Class A
Brighthouse Investment
Advisers, LLC
Subadviser: MetLife
Investment Management,
LLC
0.30%
12.66%
5.99%
9.55%
Seeks to track the
performance of the
Standard & Poor’s 500®
Composite Stock Price
Index.
MetLife Stock Index
Portfolio — Class A#
Brighthouse Investment
Advisers, LLC
Subadviser: MetLife
Investment Management,
LLC
0.27%
17.59%
14.13%
14.53%
Seeks a favorable total
return through investment
in a diversified portfolio.
MFS® Total Return
Portfolio — Class A#
Brighthouse Investment
Advisers, LLC
Subadviser:
Massachusetts Financial
Services Company
0.62%
11.11%
6.42%
7.65%
B-8
Investment Objectives
Portfolio Company and
Adviser/Sub-Adviser
Current Expenses
Average Annual
Total Returns
(as of 12/31/2025)
1
Year
5
Year
10
Year
Seeks capital appreciation.
MFS® Value Portfolio —
Class A#
Brighthouse Investment
Advisers, LLC
Subadviser:
Massachusetts Financial
Services Company
0.58%
13.29%
10.11%
10.27%
Seeks high total return,
consisting principally of
capital appreciation.
Neuberger Berman
Genesis Portfolio —
Class A#
Brighthouse Investment
Advisers, LLC
Subadviser: Neuberger
Berman Investment
Advisers LLC
0.81%
-4.57%
2.86%
9.12%
Seeks long-term growth of
capital.
T. Rowe Price Large Cap
Growth Portfolio —
Class A#
Brighthouse Investment
Advisers, LLC
Subadviser: T. Rowe Price
Associates, Inc.
0.56%
15.70%
9.64%
14.39%
Seeks long-term capital
growth.
T. Rowe Price Small Cap
Growth Portfolio —
Class A
Brighthouse Investment
Advisers, LLC
Subadviser: T. Rowe Price
Associates, Inc.
0.51%
10.30%
5.75%
10.88%
Seeks long-term capital
appreciation with income
as a secondary
consideration.
VanEck Global Natural
Resources Portfolio —
Class A#
Brighthouse Investment
Advisers, LLC
Subadviser: Van Eck
Associates Corporation
0.77%
36.78%
10.65%
8.79%
Seeks to maximize total
return consistent with
preservation of capital.
Western Asset
Management Strategic
Bond Opportunities
Portfolio — Class A#
Brighthouse Investment
Advisers, LLC
Subadviser: Western Asset
Management Company
LLC
0.57%
9.07%
1.42%
4.03%
B-9
Investment Objectives
Portfolio Company and
Adviser/Sub-Adviser
Current Expenses
Average Annual
Total Returns
(as of 12/31/2025)
1
Year
5
Year
10
Year
Seeks to maximize total
return consistent with
preservation of capital and
maintenance of liquidity.
Western Asset
Management
U.S. Government
Portfolio — Class A#
Brighthouse Investment
Advisers, LLC
Subadviser: Western Asset
Management Company
LLC
0.50%
7.07%
0.59%
1.82%
Seeks to maximize income
while maintaining
prospects for capital
appreciation.
Franklin Income VIP
Fund — Class 2
Franklin Advisers, Inc.
0.72%
12.56%
7.66%
7.30%
Seeks capital appreciation,
with income as a
secondary goal.
Franklin Mutual Shares VIP
Fund — Class 2
Franklin Mutual Advisers,
LLC
0.94%
11.52%
9.20%
7.53%
#
These 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 Portfolios' prospectuses for additional information regarding these arrangements.
‡
This Portfolio is a fund of funds and invests substantially all of its assets in other underlying funds. Because the Portfolio invests in other funds, it will bear its pro rata portion of the operating expenses of those underlying funds, including the management fee.
*
This Portfolio is managed in a way that is intended to minimize volatility of returns (referred to as a “managed volatility strategy”). See “Principal Risks of Investing in the Policy.”
1
Until May 1, 2026, the name of this Portfolio is American Funds Global Small Capitalization Fund.
B-10
 
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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 of the SAI, call us at (800) 882-1292, or send an email request to [email protected]. You can also access the prospectus, SAI and other information about the Policy at https://dfinview.com/BHF/PUFT/BHF204.
Reports and other information about BLIC 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].
The EDGAR contract identifier for the Policy is C000151829.

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