Form 497VPU NEW ENGLAND VARIABLE

April 22, 2026 8:45 AM EDT
 
AMERICAN FORERUNNER SERIES®
Standard Class, B Plus Class, C Class, L Class, P Class
issued by
NEW ENGLAND LIFE INSURANCE COMPANY
and
NEW ENGLAND VARIABLE ANNUITY SEPARATE ACCOUNT
 
Updating Summary Prospectus
April 27, 2026
Individual flexible premium variable annuity contracts
 
The prospectus for the American Forerunner Series® (the “Contract”), an individual flexible premium variable annuity contract issued by New England Life Insurance Company (“NELICO”, 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/BHF1. You can also obtain this information at no cost by calling 1-888-243-1932 or by sending an email request to [email protected].
The Contract is a complex investment and involves risks, including potential loss of principal. The Contract is not a short-term investment and is not appropriate for an investor who needs ready access to cash. Withdrawals (partial or full) could result in withdrawal charges, taxes, and tax penalties.
When you purchased your Contract, you selected one of five Contract Classes: Standard Class, B Plus Class, C Class, L Class, or P Class. The Contract Classes have different Withdrawal Charges and Asset-Based Insurance Charges. If you selected the B Plus Class, we added a bonus amount to each purchase payment received in the first Contract Year. Expenses for a B Plus Class Contract may be higher than for another Contract Class or another variable annuity contract without bonuses. The amount of bonuses under a B Plus Class Contract may be more than offset by the higher fees and charges associated with the bonus.
The Company’s obligations under the Contract are subject to our financial strength and claims-paying ability. Additional general information about certain investment products, including variable annuities, has been prepared by the Securities and Exchange Commission’s staff and is available at Investor.gov.
The Securities and Exchange Commission has not approved or disapproved these securities or determined if this prospectus is accurate or complete. Any representation to the contrary is a criminal offense.
1
Glossary
Class. A class of the Contract, either Standard Class, B Plus Class, C Class, L Class, or P Class. The Contract Classes have different Withdrawal Charges and Asset-Based Insurance Charges.
Contract Year. A twelve-month period beginning with the date shown on your Contract and with each anniversary thereafter.
Eligible Fund. A portfolio of an open-end management investment company that is registered with the Securities and Exchange Commission in which a subaccount invests. May also be referred to as "Portfolio Company.”
Fixed Account. A part of the Company’s general account to which you can allocate net purchase payments. The Fixed Account provides guarantees of principal and interest.
Total Guaranteed Withdrawal Amount. While a Lifetime Withdrawal Guarantee rider 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.
Variable Account. A separate investment account of the Company, the New England Variable Annuity Separate Account. The Variable Account is divided into subaccounts; each invests in shares of one Eligible Fund.
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 28, 2025. This may not reflect all of the changes that have occurred since you entered into your Contract.
On November 6, 2025, Brighthouse Financial, Inc. (“BHF”) and Aquarian Capital LLC (“Aquarian”) announced that they had entered into a definitive agreement under which an affiliate of Aquarian will acquire BHF. This transaction is subject to the satisfaction or waiver of customary closing conditions, including receipt of applicable regulatory approvals. Subject to such approvals and the satisfaction or waiver of the other conditions, the transaction is expected to be consummated in 2026.
Upon the consummation of the transaction, Aquarian will become the ultimate parent of BHF and NELICO will remain an indirect wholly-owned subsidiary of BHF. Although Aquarian will replace BHF as NELICO’s ultimate parent, NELICO will continue in its present role as the issuer of your Contract. All of your rights and benefits under your Contract and NELICO’s obligations under the Contract will remain unchanged.
Founded in 2017, Aquarian Capital is a diversified global holding company with a strategic portfolio of insurance and asset management solutions. Aquarian is headquartered in New York, NY.
Eligible Fund Name Changes. Certain Eligible Funds were subject to a name change. The chart below identifies the former name and new name of these Eligible Funds.  
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 Growth ETF Portfolio
State Street Moderately Aggressive ETF Portfolio
SSGA Growth and Income ETF Portfolio
State Street Moderate ETF Portfolio
 

*The effective date of this name change is May 1, 2026.
3
IMPORTANT INFORMATION YOU SHOULD CONSIDER ABOUT THE CONTRACT 
 
Fees, Expenses, and Adjustments
Location in
Prospectus
Are There
Charges or
Adjustments for
Early
Withdrawals?
Yes. Your Contract may be subject to Withdrawal Charges depending on
the Class of Contract that you own.
●Standard Class: If you withdraw money during the first 7 years following
a purchase payment, you may be assessed a Withdrawal Charge of up
to 7% of the purchase payment withdrawn, declining to 0% over that
time period.
●B Plus Class: If you withdraw money during the first 9 years following a
purchase payment, you may be assessed a Withdrawal Charge of up to
9% of the purchase payment withdrawn, declining to 0% over that time
period.
●L Class: If you withdraw money during the first 3 years following a
purchase payment, you may be assessed a Withdrawal Charge of up to
7% of the purchase payment withdrawn, declining to 0% over that time
period.
●P Class: If you withdraw money during the first 9 years following a
purchase payment, you may be assessed a Withdrawal Charge of up to
8% of the purchase payment withdrawn, declining to 0% over that time
period.
●C Class: No Withdrawal Charges.
For example, if you make a $100,000 investment and take an early
withdrawal, you could pay a Withdrawal Charge of up to $7,000 for a
Standard Class Contract, $9,000 for a B Plus Class Contract, $7,000 for an
L Class Contract, or $8,000 for a P Class Contract. This loss will be greater
if there are taxes or tax penalties. No Withdrawal Charges would apply to a
C Class Contract.
Fee Table and
Examples
 
Asset-Based
Insurance Charge,
Withdrawal Charge
and Other
Deductions –
Withdrawal Charge
Are There
Transaction
Charges?
Yes. In addition to Withdrawal Charges (if any), you also may be charged
for the following transactions: transfers of cash value between investment
options, which include the Eligible Funds and the Fixed Account.

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
 
The Contracts –
Transfer Privilege
4
 
Fees, Expenses, and Adjustments
Location in
Prospectus
Are There
Ongoing Fees and
Expenses?
Yes. The table below describes the fees and expenses that you may pay
each year, depending on the investment options and optional benefits you
choose. Please refer to your Contract specifications page for information
about the specific fees you will pay each year based on the options you
have elected.
Fee Table and
Examples
 
Asset-Based
Insurance Charge,
Withdrawal Charge
and Other
Deductions
 
Appendix A:
Investment Options
Available Under the
Contract
Annual Fee
Minimum
Maximum
Base Contract
(varies by Contract
Class)1
1.17%
1.62%
Portfolio Company
fees and expenses2
0.52%
1.38%
Optional benefits
available for an
additional charge
(for a single optional
benefit, if elected)
0.20%3
1.50%4
1 As a percentage of average daily net assets in the subaccounts. The charge shown also
includes the annual Contract Administrative Fee.
2 As a percentage of fund assets before temporary expense reimbursements and/or fee
waivers, plus any applicable Platform Charge.
3 As a percentage of average daily net assets in the subaccounts. 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
$1,642
Highest Annual Cost
$5,825
Assumes:
Assumes:
●Investment of $100,000
●5% annual appreciation
●Least expensive combination of
Contract Classes and Portfolio
Company fees and expenses
●No optional benefits
●No bonuses
●No sales charges
●No additional Purchase Payments,
transfers, or withdrawals
●Investment of $100,000
●5% annual appreciation
●Most expensive combination
of Contract Classes, optional
benefits and Portfolio
Company fees and expenses
●No bonuses
●No sales charges
●No additional Purchase
Payments, transfers, or
withdrawals
5
 
Risks
Location in
Prospectus
Is There a Risk of
Loss from Poor
Performance?
Yes. You can lose money by investing in this Contract including loss of
principal.
Principal Risks of
Investing in the
Contract
Is This a
Short-Term
Investment?
No.
●This Contract is not a short-term investment and is not appropriate for
an investor who needs ready access to cash.
●Unless you own a C Class Contract, if you take an early withdrawal,
Withdrawal Charges, taxes, and tax penalties may apply. Withdrawals
could significantly reduce the value of your Contract, the death benefit,
and other Contract benefits, including the optional death benefit. The
reduction may be more than the amount withdrawn.
●The benefits of tax deferral and living benefit protection also mean the
Contract is more beneficial to investors with a long time horizon.
Principal Risks of
Investing in the
Contract
What Are the
Risks Associated
with the
Investment
Options?
●An investment in this Contract is subject to the risk of poor investment
performance and can vary depending on the performance of the
investment options available under the Contract (e.g., Portfolio
Companies).
●Each investment option, including the Fixed Account, has its own unique
risks.
●You should review the prospectuses for the available funds and the
prospectus disclosure concerning the Fixed Account before making an
investment decision.
Principal Risks of
Investing in the
Contract
What Are the
Risks Related to
the Insurance
Company?
An investment in the Contract is subject to the risks related to us. Any
obligations (including under the Fixed Account) and guarantees and
benefits of the Contract that exceed the assets of the Variable 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
NELICO, including our financial strength ratings, is available by contacting
us at (888) 243-1968.
Principal Risks of
Investing in the
Contract
 
Restrictions
 
Are There
Restrictions on
the Investment
Options?
Yes.
●Currently, we allow unlimited transfers without charge among
investment options during the accumulation phase. However, we
reserve the right to limit transfers or impose a charge for transfers in
excess of 12 per year.
●We reserve the right to restrict payments and transfers to the Fixed
Account, and special rules may limit the amount that may be
transferred from the Fixed Account during a Contract Year.
●We may limit or prohibit subsequent purchase payments.
●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.
●We reserve the right to remove or substitute the Portfolio Companies
available as investment options under the Contract.
The Variable
Account
 
The Contracts
 
The Fixed Account
 
Appendix H: State
and Financial
Intermediary
Variations
6
 
Restrictions
Location in
Prospectus
Are There Any
Restrictions on
Contract
Benefits?
Yes.
●Certain optional benefits limit or restrict the investment options that you
may select under the Contract. We may change these restrictions in the
future.
●Certain optional benefits could limit subsequent purchase payments.
●Withdrawals will reduce the value of the death benefit, perhaps
significantly.
●Withdrawals may reduce the value of an optional benefit by an amount
greater than the value withdrawn, which could significantly reduce the
value or even terminate the benefit.
●For B Plus Contracts, bonus amounts may not be included in the
calculation of an optional benefit, as well as the standard death benefit.
●The availability of Contract benefits may vary depending on the state
through which your Contract is issued or the selling firm through which
it is sold.
●Except as otherwise provided, Contract benefits may not be modified or
terminated by us.
The Contracts
 
Benefits Available
Under the Contract
 
Living Benefits
 
Appendix B:
Eligible
Funds Available
Under the Benefits
Offered Under the
Contract
 
Appendix H: State
and Financial
Intermediary
Variations
 
Taxes
 
What Are the
Contract’s Tax
Implications?
●Consult with a tax professional to determine the tax implications of an
investment in and payments received under this Contract.
●If you purchase the Contract through a tax-qualified plan or individual
retirement account, you do not get any additional tax benefit.
●You will generally not be taxed on increases in the value of the Contract
until they are withdrawn. Withdrawals will be subject to ordinary income
tax, and may be subject to tax penalties if you take a withdrawal before
age 59  1∕2.
Federal Income Tax
Considerations
 
Conflicts of Interest
 
How Are
Investment
Professionals
Compensated?
Your investment professional may receive compensation for selling this
Contract to you, in the form of commissions, additional cash benefits (e.g.,
bonuses), and non-cash compensation. This conflict of interest may
influence your investment professional to recommend this Contract over
another investment for which the investment professional is not
compensated or compensated less.
Distribution of the
Contracts
Should I
Exchange My
Contract?
If you already own an insurance contract, some investment professionals
may have a financial incentive to offer you a new contract in place of the
one you own. You should only exchange a contract you already own if you
determine, after comparing the features, fees, and risks of both contracts,
and any fees or penalties to terminate your existing contract, that it is
better for you to purchase the new contract rather than continue to own
your existing contract.
Replacement of
Contracts
7
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APPENDIX A
Investment Options Available Under the Contract
The following is a list of Eligible Funds under the Contract. More information about the Eligible Funds is available in the prospectuses for the Eligible Funds, which may be amended from time to time and can be found online at https://dfinview.com/BHF/PUFT/BHF1. You can also request this information at no cost by calling 1-888-243-1932 or sending an email request to [email protected]. Depending on the optional benefits you chose, you may not be able to invest in certain Eligible Funds.  See Appendix B: Eligible Funds Available Under the Benefits Offered Under the Contract.
The availability of the Eligible Funds may vary depending on the selling firm through which your contract is sold. See Appendix H: State and Financial Intermediary Variations.
The current expenses and performance information below reflects fees and expenses of the Eligible Funds, but do not reflect the other fees and expenses that your Contract may charge, such as Platform Charges (also referred to as an additional Mortality and Expense Risk Charge in your Contract). Expenses would be higher and performance would be lower if these other charges were included. Each Eligible Fund’s past performance is not necessarily an indication of future performance. 
Investment
Objectives
Portfolio Company
and
Adviser/Sub-Adviser
Current
Expenses
Platform
Charge§
Current
Expenses +
Platform
Charge
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%
0.25%
0.83%
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%
0.25%
0.78%
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%
0.25%
1.15%
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%
0.25%
0.72%
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%
None
0.92%
11.56%
3.05%
4.77%
A-1
Investment
Objectives
Portfolio Company
and
Adviser/Sub-Adviser
Current
Expenses
Platform
Charge§
Current
Expenses +
Platform
Charge
Average Annual
Total Returns
(as of 12/31/2025)
1
Year
5
Year
10
Year
Seeks growth of
capital.
American Funds®
Aggressive Allocation
Portfolio — Class C‡
Brighthouse
Investment Advisers,
LLC
0.99%
None
0.99%
19.90%
9.30%
10.88%
Seeks a balance
between a high level
of current income and
growth of capital, with
a greater emphasis on
growth of capital.
American Funds®
Balanced Allocation
Portfolio — Class C‡
Brighthouse
Investment Advisers,
LLC
0.96%
None
0.96%
17.02%
7.26%
8.99%
Seeks a high total
return in the form of
income and growth of
capital, with a greater
emphasis on income.
American Funds®
Moderate Allocation
Portfolio — Class C‡
Brighthouse
Investment Advisers,
LLC
0.95%
None
0.95%
14.46%
5.71%
7.30%
Seeks capital
appreciation and
current income.
BlackRock Global
Tactical Strategies
Portfolio — Class B#*
Brighthouse
Investment Advisers,
LLC
Subadviser:
BlackRock Financial
Management, Inc.
0.94%
None
0.94%
11.44%
3.54%
5.10%
Seeks growth of
capital.
Brighthouse Asset
Allocation 100
Portfolio — Class B‡
Brighthouse
Investment Advisers,
LLC
0.96%
None
0.96%
17.06%
8.63%
10.70%
Seeks a balance
between a high level
of current income and
growth of capital, with
a greater emphasis on
growth of capital.
Brighthouse Balanced
Plus Portfolio —
Class B*
Brighthouse
Investment Advisers,
LLC
Subadviser: Overlay
Portion: Pacific
Investment
Management
Company LLC
1.17%
None
1.17%
11.95%
1.31%
5.83%
A-2
Investment
Objectives
Portfolio Company
and
Adviser/Sub-Adviser
Current
Expenses
Platform
Charge§
Current
Expenses +
Platform
Charge
Average Annual
Total Returns
(as of 12/31/2025)
1
Year
5
Year
10
Year
Seeks a high level of
current income, while
seeking preservation
of shareholders’
capital.
Brighthouse/Franklin
Low Duration Total
Return Portfolio —
Class B#
Brighthouse
Investment Advisers,
LLC
Subadviser: Franklin
Advisers, Inc.
0.75%
None
0.75%
5.25%
2.14%
2.23%
Seeks long-term
capital appreciation.
Brighthouse/
Wellington Large Cap
Research Portfolio —
Class B#
Brighthouse
Investment Advisers,
LLC
Subadviser: Wellington
Management
Company LLP
0.79%
None
0.79%
15.62%
12.01%
13.33%
Seeks total return
through investment in
real estate securities,
emphasizing both
capital appreciation
and current income.
CBRE Global Real
Estate Portfolio —
Class B#
Brighthouse
Investment Advisers,
LLC
Subadviser: CBRE
Investment
Management Listed
Real Assets LLC
0.91%
None
0.91%
6.75%
4.03%
3.95%
Seeks long-term
capital appreciation.
Harris Oakmark
International
Portfolio — Class B#
Brighthouse
Investment Advisers,
LLC
Subadviser: Harris
Associates L.P.
0.97%
None
0.97%
32.78%
6.46%
6.74%
Seeks long-term
capital appreciation.
Harris Oakmark
International
Portfolio — Class E†
Brighthouse
Investment Advisers,
LLC
Subadviser: Harris
Associates L.P.
0.87%
None
0.87%
32.98%
6.56%
6.84%
A-3
Investment
Objectives
Portfolio Company
and
Adviser/Sub-Adviser
Current
Expenses
Platform
Charge§
Current
Expenses +
Platform
Charge
Average Annual
Total Returns
(as of 12/31/2025)
1
Year
5
Year
10
Year
Seeks total return.
Invesco Balanced-Risk
Allocation Portfolio —
Class B#*
Brighthouse
Investment Advisers,
LLC
Subadviser: Invesco
Advisers, Inc.
0.97%
None
0.97%
13.14%
3.77%
5.80%
Seeks capital
appreciation.
Invesco Global Equity
Portfolio — Class B#
Brighthouse
Investment Advisers,
LLC
Subadviser: Invesco
Advisers, Inc.
0.83%
None
0.83%
15.60%
7.30%
11.00%
Seeks long-term
growth of capital.
Invesco Small Cap
Growth Portfolio —
Class B#
Brighthouse
Investment Advisers,
LLC
Subadviser: Invesco
Advisers, Inc.
0.99%
None
0.99%
5.83%
-0.91%
9.00%
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%
None
0.98%
13.92%
3.68%
5.77%
Seeks high total
investment return
through a combination
of capital appreciation
and income.
Loomis Sayles Global
Allocation Portfolio —
Class B#
Brighthouse
Investment Advisers,
LLC
Subadviser: Loomis,
Sayles & Company,
L.P.
1.04%
None
1.04%
12.59%
6.25%
9.22%
Seeks long-term
growth of capital.
Loomis Sayles Growth
Portfolio — Class B#
Brighthouse
Investment Advisers,
LLC
Subadviser: Loomis,
Sayles & Company,
L.P.
0.80%
None
0.80%
14.90%
14.77%
13.91%
A-4
Investment
Objectives
Portfolio Company
and
Adviser/Sub-Adviser
Current
Expenses
Platform
Charge§
Current
Expenses +
Platform
Charge
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 E†
Brighthouse
Investment Advisers,
LLC
Subadviser: Loomis,
Sayles & Company,
L.P.
0.70%
None
0.70%
15.05%
14.89%
14.02%
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%
None
0.62%
9.08%
2.93%
5.31%
Seeks capital
appreciation.
MFS® Research
International
Portfolio — Class B#
Brighthouse
Investment Advisers,
LLC
Subadviser:
Massachusetts
Financial Services
Company
0.81%
None
0.81%
22.41%
5.54%
7.57%
Seeks capital
appreciation.
Morgan Stanley
Discovery Portfolio —
Class B#
Brighthouse
Investment Advisers,
LLC
Subadviser: Morgan
Stanley Investment
Management Inc.
0.90%
None
0.90%
13.19%
-5.83%
14.00%
Seeks total return.
PanAgora Global
Diversified Risk
Portfolio — Class B#*
Brighthouse
Investment Advisers,
LLC
Subadviser: PanAgora
Asset Management,
Inc.
1.01%
None
1.01%
19.84%
0.66%
5.01%
A-5
Investment
Objectives
Portfolio Company
and
Adviser/Sub-Adviser
Current
Expenses
Platform
Charge§
Current
Expenses +
Platform
Charge
Average Annual
Total Returns
(as of 12/31/2025)
1
Year
5
Year
10
Year
Seeks maximum real
return, consistent with
preservation of capital
and prudent
investment
management.
PIMCO Inflation
Protected Bond
Portfolio — Class B
Brighthouse
Investment Advisers,
LLC
Subadviser: Pacific
Investment
Management
Company LLC
1.38%
None
1.38%
7.74%
1.15%
3.09%
Seeks maximum total
return, consistent with
the preservation of
capital and prudent
investment
management.
PIMCO Total Return
Portfolio — Class B#
Brighthouse
Investment Advisers,
LLC
Subadviser: Pacific
Investment
Management
Company LLC
0.83%
None
0.83%
8.90%
-0.07%
2.30%
Seeks capital
appreciation and
current income.
Schroders Global
Multi-Asset
Portfolio — Class B#*
Brighthouse
Investment Advisers,
LLC
Subadviser: Schroder
Investment
Management North
America Inc.
0.96%
None
0.96%
9.85%
4.28%
5.28%
Seeks growth of
capital and income.
State Street Moderate
ETF Portfolio —
Class B‡
Brighthouse
Investment Advisers,
LLC
Subadviser: SSGA
Funds Management,
Inc.
0.75%
None
0.75%
16.78%
7.19%
7.85%
Seeks growth of
capital.
State Street
Moderately Aggressive
ETF Portfolio —
Class B‡
Brighthouse
Investment Advisers,
LLC
Subadviser: SSGA
Funds Management,
Inc.
0.78%
None
0.78%
19.23%
9.01%
9.31%
A-6
Investment
Objectives
Portfolio Company
and
Adviser/Sub-Adviser
Current
Expenses
Platform
Charge§
Current
Expenses +
Platform
Charge
Average Annual
Total Returns
(as of 12/31/2025)
1
Year
5
Year
10
Year
Seeks long-term
growth of capital.
T. Rowe Price Mid Cap
Growth Portfolio —
Class B#
Brighthouse
Investment Advisers,
LLC
Subadviser: T. Rowe
Price Associates, Inc.
Sub-Subadviser: T.
Rowe Price
Investment
Management, Inc.
0.95%
None
0.95%
3.42%
3.83%
9.77%
Seeks high total return
by investing in equity
securities of mid-sized
companies.
Victory Sycamore Mid
Cap Value Portfolio —
Class B#
Brighthouse
Investment Advisers,
LLC
Subadviser: Victory
Capital Management
Inc.
0.85%
None
0.85%
2.29%
9.62%
9.58%
Seeks a high level of
current income,
consistent with
preservation of
principal.
Western Asset
Management
Government Income
Portfolio — Class B#
Brighthouse
Investment Advisers,
LLC
Subadviser: Western
Asset Management
Company LLC
0.74%
None
0.74%
7.21%
-1.27%
1.21%
Seeks long-term
growth of capital.
Baillie Gifford
International Stock
Portfolio — Class B#
Brighthouse
Investment Advisers,
LLC
Subadviser: Baillie
Gifford Overseas
Limited
0.99%
None
0.99%
18.96%
0.70%
7.34%
Seeks long-term
growth of capital.
Baillie Gifford
International Stock
Portfolio — Class E†
Brighthouse
Investment Advisers,
LLC
Subadviser: Baillie
Gifford Overseas
Limited
0.89%
None
0.89%
19.13%
0.80%
7.45%
A-7
Investment
Objectives
Portfolio Company
and
Adviser/Sub-Adviser
Current
Expenses
Platform
Charge§
Current
Expenses +
Platform
Charge
Average Annual
Total Returns
(as of 12/31/2025)
1
Year
5
Year
10
Year
Seeks a competitive
total return primarily
from investing in
fixed-income
securities.
BlackRock Bond
Income Portfolio —
Class B#
Brighthouse
Investment Advisers,
LLC
Subadviser:
BlackRock Advisors,
LLC
0.63%
None
0.63%
7.68%
-0.42%
2.12%
Seeks long-term
growth of capital.
BlackRock Capital
Appreciation
Portfolio — Class B#
Brighthouse
Investment Advisers,
LLC
Subadviser:
BlackRock Advisors,
LLC
0.81%
None
0.81%
12.91%
10.79%
15.51%
Seeks long-term
growth of capital.
BlackRock Capital
Appreciation
Portfolio — Class E†
Brighthouse
Investment Advisers,
LLC
Subadviser:
BlackRock Advisors,
LLC
0.71%
None
0.71%
13.02%
10.90%
15.63%
Seeks a high level of
current income
consistent with
prudent investment
risk and preservation
of capital.
BlackRock Ultra-Short
Term Bond
Portfolio — Class B#
Brighthouse
Investment Advisers,
LLC
Subadviser:
BlackRock Advisors,
LLC
0.62%
None
0.62%
3.89%
2.83%
1.85%
Seeks a high level of
current income, with
growth of capital as a
secondary objective.
Brighthouse Asset
Allocation 20
Portfolio — Class B#‡
Brighthouse
Investment Advisers,
LLC
0.93%
None
0.93%
9.25%
2.06%
3.97%
Seeks high total return
in the form of income
and growth of capital,
with a greater
emphasis on income.
Brighthouse Asset
Allocation 40
Portfolio — Class B‡
Brighthouse
Investment Advisers,
LLC
0.91%
None
0.91%
11.50%
3.84%
5.69%
A-8
Investment
Objectives
Portfolio Company
and
Adviser/Sub-Adviser
Current
Expenses
Platform
Charge§
Current
Expenses +
Platform
Charge
Average Annual
Total Returns
(as of 12/31/2025)
1
Year
5
Year
10
Year
Seeks a balance
between a high level
of current income and
growth of capital, with
a greater emphasis on
growth of capital.
Brighthouse Asset
Allocation 60
Portfolio — Class B‡
Brighthouse
Investment Advisers,
LLC
0.91%
None
0.91%
13.77%
5.55%
7.47%
Seeks growth of
capital.
Brighthouse Asset
Allocation 80
Portfolio — Class B‡
Brighthouse
Investment Advisers,
LLC
0.93%
None
0.93%
15.63%
7.18%
9.22%
Seeks long-term
capital growth.
Brighthouse/Artisan
Mid Cap Value
Portfolio — Class B#
Brighthouse
Investment Advisers,
LLC
Subadviser: Artisan
Partners Limited
Partnership
1.03%
None
1.03%
1.57%
6.77%
8.05%
Seeks long-term
capital growth.
Brighthouse/Artisan
Mid Cap Value
Portfolio — Class E†
Brighthouse
Investment Advisers,
LLC
Subadviser: Artisan
Partners Limited
Partnership
0.93%
None
0.93%
1.67%
6.88%
8.16%
Seeks long-term
capital appreciation
with some current
income.
Brighthouse/
Wellington Balanced
Portfolio — Class B
Brighthouse
Investment Advisers,
LLC
Subadviser: Wellington
Management
Company LLP
0.77%
None
0.77%
12.38%
7.18%
9.14%
Seeks to provide a
growing stream of
income over time and,
secondarily, long-term
capital appreciation
and current income.
Brighthouse/
Wellington Core Equity
Opportunities
Portfolio — Class B#
Brighthouse
Investment Advisers,
LLC
Subadviser: Wellington
Management
Company LLP
0.87%
None
0.87%
7.54%
8.02%
10.45%
A-9
Investment
Objectives
Portfolio Company
and
Adviser/Sub-Adviser
Current
Expenses
Platform
Charge§
Current
Expenses +
Platform
Charge
Average Annual
Total Returns
(as of 12/31/2025)
1
Year
5
Year
10
Year
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 E†
Brighthouse
Investment Advisers,
LLC
Subadviser: Wellington
Management
Company LLP
0.77%
None
0.77%
7.65%
8.13%
10.56%
Seeks maximum
capital appreciation.
Frontier Mid Cap
Growth Portfolio —
Class B#
Brighthouse
Investment Advisers,
LLC
Subadviser: Frontier
Capital Management
Company, LLC
0.94%
None
0.94%
4.90%
3.52%
9.88%
Seeks long-term
growth of capital.
Jennison Growth
Portfolio — Class B#
Brighthouse
Investment Advisers,
LLC
Subadviser: Jennison
Associates LLC
0.79%
None
0.79%
13.72%
10.01%
16.41%
Seeks long-term
growth of capital.
Jennison Growth
Portfolio — Class E†
Brighthouse
Investment Advisers,
LLC
Subadviser: Jennison
Associates LLC
0.69%
None
0.69%
13.86%
10.12%
16.53%
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%
None
1.15%
5.02%
7.17%
9.15%
A-10
Investment
Objectives
Portfolio Company
and
Adviser/Sub-Adviser
Current
Expenses
Platform
Charge§
Current
Expenses +
Platform
Charge
Average Annual
Total Returns
(as of 12/31/2025)
1
Year
5
Year
10
Year
Seeks long-term
capital growth from
investments in
common stocks or
other equity
securities.
Loomis Sayles Small
Cap Core Portfolio —
Class E†
Brighthouse
Investment Advisers,
LLC
Subadviser: Loomis,
Sayles & Company,
L.P.
1.05%
None
1.05%
5.13%
7.28%
9.26%
Seeks long-term
capital growth.
Loomis Sayles Small
Cap Growth
Portfolio — Class B#
Brighthouse
Investment Advisers,
LLC
Subadviser: Loomis,
Sayles & Company,
L.P.
1.14%
None
1.14%
3.73%
2.28%
9.84%
Seeks to track the
performance of the
Bloomberg
U.S. Aggregate Bond
Index.
MetLife Aggregate
Bond Index
Portfolio — Class B#
Brighthouse
Investment Advisers,
LLC
Subadviser: MetLife
Investment
Management, LLC
0.51%
None
0.51%
6.80%
-0.88%
1.51%
Seeks to track the
performance of the
Standard & Poor’s
MidCap 400®
Composite Stock Price
Index.
MetLife Mid Cap Stock
Index Portfolio —
Class B
Brighthouse
Investment Advisers,
LLC
Subadviser: MetLife
Investment
Management, LLC
0.55%
None
0.55%
6.86%
8.54%
10.16%
Seeks to track the
performance of the
MSCI EAFE® Index.
MetLife MSCI EAFE®
Index Portfolio —
Class B
Brighthouse
Investment Advisers,
LLC
Subadviser: MetLife
Investment
Management, LLC
0.62%
None
0.62%
30.70%
8.35%
7.76%
A-11
Investment
Objectives
Portfolio Company
and
Adviser/Sub-Adviser
Current
Expenses
Platform
Charge§
Current
Expenses +
Platform
Charge
Average Annual
Total Returns
(as of 12/31/2025)
1
Year
5
Year
10
Year
Seeks to track the
performance of the
Russell 2000® Index.
MetLife Russell
2000® Index
Portfolio — Class B
Brighthouse
Investment Advisers,
LLC
Subadviser: MetLife
Investment
Management, LLC
0.55%
None
0.55%
12.33%
5.71%
9.27%
Seeks to track the
performance of the
Standard & Poor’s
500® Composite
Stock Price Index.
MetLife Stock Index
Portfolio — Class B#
Brighthouse
Investment Advisers,
LLC
Subadviser: MetLife
Investment
Management, LLC
0.52%
None
0.52%
17.28%
13.84%
14.24%
Seeks a favorable
total return through
investment in a
diversified portfolio.
MFS® Total Return
Portfolio — Class B#
Brighthouse
Investment Advisers,
LLC
Subadviser:
Massachusetts
Financial Services
Company
0.87%
None
0.87%
10.83%
6.15%
7.38%
Seeks capital
appreciation.
MFS® Value
Portfolio — Class B#
Brighthouse
Investment Advisers,
LLC
Subadviser:
Massachusetts
Financial Services
Company
0.83%
None
0.83%
13.00%
9.84%
9.99%
Seeks capital
appreciation.
MFS® Value
Portfolio — Class E†
Brighthouse
Investment Advisers,
LLC
Subadviser:
Massachusetts
Financial Services
Company
0.73%
None
0.73%
13.11%
9.95%
10.10%
A-12
Investment
Objectives
Portfolio Company
and
Adviser/Sub-Adviser
Current
Expenses
Platform
Charge§
Current
Expenses +
Platform
Charge
Average Annual
Total Returns
(as of 12/31/2025)
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%
None
1.06%
-4.74%
2.62%
8.86%
Seeks high total
return, consisting
principally of capital
appreciation.
Neuberger Berman
Genesis Portfolio —
Class E†
Brighthouse
Investment Advisers,
LLC
Subadviser: Neuberger
Berman Investment
Advisers LLC
0.96%
None
0.96%
-4.64%
2.71%
8.97%
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%
None
0.81%
15.45%
9.37%
14.10%
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%
None
0.76%
10.00%
5.48%
10.60%
Seeks to maximize
total return consistent
with preservation of
capital.
Western Asset
Management
Strategic Bond
Opportunities
Portfolio — Class B#
Brighthouse
Investment Advisers,
LLC
Subadviser: Western
Asset Management
Company LLC
0.82%
None
0.82%
8.88%
1.17%
3.77%
A-13
Investment
Objectives
Portfolio Company
and
Adviser/Sub-Adviser
Current
Expenses
Platform
Charge§
Current
Expenses +
Platform
Charge
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.
Western Asset
Management
Strategic Bond
Opportunities
Portfolio — Class E†
Brighthouse
Investment Advisers,
LLC
Subadviser: Western
Asset Management
Company LLC
0.72%
None
0.72%
8.95%
1.27%
3.88%
Seeks to maximize
total return consistent
with preservation of
capital and
maintenance of
liquidity.
Western Asset
Management
U.S. Government
Portfolio — Class B#
Brighthouse
Investment Advisers,
LLC
Subadviser: Western
Asset Management
Company LLC
0.75%
None
0.75%
6.81%
0.35%
1.57%
Seeks to maximize
total return consistent
with preservation of
capital and
maintenance of
liquidity.
Western Asset
Management
U.S. Government
Portfolio — Class E†
Brighthouse
Investment Advisers,
LLC
Subadviser: Western
Asset Management
Company LLC
0.65%
None
0.65%
6.91%
0.45%
1.67%
§
We reserve the right to impose a Platform Charge on any Fund option that we add in the future, not to exceed an annual rate of 0.25%.
#
Certain Eligible Funds and their investment advisers have entered into temporary expense reimbursements and/or fee waivers, which are reflected in the Current Expenses. Please see the Eligible Funds' prospectuses for additional information regarding these arrangements.
*
This Eligible Fund 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 Contract.”
‡
This Eligible Fund is a fund of funds and invests substantially all of its assets in other underlying funds. Because the Eligible Fund invests in other funds, it will bear its pro rata portion of the operating expenses of those underlying funds, including the management fee.
†
Class E shares of this portfolio are offered only for Contracts issued prior to May 1, 2004.
1
Until May 1, 2026, the name of this Eligible Fund is American Funds Global Small Capitalization Fund.
The following lists the Fixed Account option currently available under the Contract. The Fixed Account is not available to Contracts purchased after May 1, 2003 for which the C Class has been selected or for any Contracts which are purchased on or after that date in the state of New York if the GMIB I or GMIB II has been selected. The Fixed Account is also not available for Contracts purchased in the state of New York if the optional Guaranteed Withdrawal Benefit is selected. The Fixed Account is not available if the GMIB Plus I or GMAB is selected. The Fixed Account listed below will also be used if you participate in a
A-14
dollar cost averaging program and instruct us to make transfers to or from the Fixed Account. We may change the features of the Fixed Account listed below, offer new Fixed Account investment options, and terminate existing Fixed Account investment options. We will provide you with written notice before doing so.  
Name
Term (Guarantee Period)
Guaranteed Minimum
Interest Rate
Fixed Account
12 months
1%
A-15
[THIS PAGE INTENTIONALLY LEFT BLANK]
APPENDIX B
Eligible Funds Available Under the Benefits Offered Under the Contract
If you have elected an optional benefit under the Contract, your Contract may be subject to investment allocation restrictions, as reflected below. See “THE CONTRACTS – Investment Allocation Restrictions for Certain Riders” in the prospectus for more details. If your optional benefit is not included below, your Contract is not currently subject to any investment allocation restrictions.
Guaranteed Minimum Income Benefit Plus I or Lifetime Withdrawal Guarantee I
If you choose GMIB Plus I or LWG I rider, until the rider terminates, we will require you to allocate your purchase payments and Contract Value solely among the following investment options:
 
AB Global Dynamic Allocation Portfolio
American Funds® Aggressive Allocation Portfolio
American Funds® Balanced Allocation Portfolio
American Funds® Moderate Allocation Portfolio
BlackRock Global Tactical Strategies Portfolio
BlackRock Ultra-Short Term Bond Portfolio
Brighthouse Asset Allocation 20 Portfolio
Brighthouse Asset Allocation 40 Portfolio
Brighthouse Asset Allocation 60 Portfolio
Brighthouse Asset Allocation 80 Portfolio
Brighthouse Balanced Plus Portfolio
Invesco Balanced-Risk Allocation Portfolio
JPMorgan Global Active Allocation Portfolio
MetLife Aggregate Bond Index Portfolio
MetLife Multi-Index Targeted Risk Portfolio
PanAgora Global Diversified Risk Portfolio
Schroders Global Multi-Asset Portfolio
State Street Moderate ETF Portfolio
State Street Moderately Aggressive ETF Portfolio
Western Asset Management Government Income Portfolio
Guaranteed Minimum Income Benefit Plus II, Lifetime Withdrawal Guarantee II, the Enhanced Death Benefit
If you elect GMIB Plus II, the LWG II, or the Enhanced Death Benefit, you must comply with the following investment allocation restrictions. You must allocate according to either (A) or (B) below:
(A) You must allocate 100% of your purchase payments or Contract Value to the Fixed Account, and:
 
AB Global Dynamic Allocation Portfolio
American Funds® Aggressive Allocation Portfolio1
American Funds® Balanced Allocation Portfolio
American Funds® Moderate Allocation Portfolio
BlackRock Global Tactical Strategies Portfolio
BlackRock Ultra-Short Term Bond Portfolio
Brighthouse Asset Allocation 20 Portfolio
Brighthouse Asset Allocation 40 Portfolio
Brighthouse Asset Allocation 60 Portfolio
Brighthouse Asset Allocation 80 Portfolio1
Brighthouse Balanced Plus Portfolio
Invesco Balanced-Risk Allocation Portfolio
JPMorgan Global Active Allocation Portfolio
MetLife Multi-Index Targeted Risk Portfolio
PanAgora Global Diversified Risk Portfolio
Schroders Global Multi-Asset Portfolio
State Street Moderate ETF Portfolio
State Street Moderately Aggressive ETF Portfolio1
(B) You must allocate at least 30% of purchase payments or Contract Value to Platform I Eligible Funds and/or to the Fixed Account; up to 70% of purchase payments or Contract Value to Platform 2 Eligible Funds; up to 15% of purchase payments or Contract Value to Platform 3 Eligible Funds; and up to 15% of purchase payments or Contract Value to Platform 4 Eligible Funds.
For Contracts issued based on applications and necessary information received at our Annuity Administrative Office in Good Order before the close of the New York Stock Exchange on May 1, 2009, the following investment allocation restrictions apply under option (B): you must allocate at least 15% of purchase payments or Contract Value to Platform 1 Eligible Funds and/or to the Fixed Account and you may allocate up to 85% of purchase payments or Contract Value to Platform 2 Eligible Funds (the percentages for Platforms 3 and 4 are the same as those listed above). 
B-1
Platform 1
Platform 2
A minimum of 30% of Purchase Payments or Account
Value
A maximum of 70% of Purchase Payments or Account
Value
American Funds The Bond Fund of America
AB Global Dynamic Allocation Portfolio
BlackRock Bond Income Portfolio
American Funds Growth Fund
BlackRock Ultra-Short Term Bond Portfolio
American Funds Growth-Income Fund
Brighthouse/Franklin Low Duration Total Return Portfolio
Baillie Gifford International Stock Portfolio
MetLife Aggregate Bond Index Portfolio
BlackRock Capital Appreciation Portfolio
PIMCO Inflation Protected Bond Portfolio
BlackRock Global Tactical Strategies Portfolio
PIMCO Total Return Portfolio
Brighthouse Asset Allocation 100 Portfolio
Western Asset Management Government Income Portfolio
Brighthouse Balanced Plus Portfolio
Western Asset Management U.S. Government Portfolio
Brighthouse/Wellington Balanced Portfolio
 
Brighthouse/Wellington Core Equity Opportunities Portfolio
 
Brighthouse/Wellington Large Cap Research Portfolio
 
Harris Oakmark International Portfolio
 
Invesco Balanced-Risk Allocation Portfolio
 
Invesco Global Equity Portfolio
 
Jennison Growth Portfolio
 
Loomis Sayles Growth Portfolio
 
MetLife MSCI EAFE® Index Portfolio
 
MetLife Multi-Index Targeted Risk Portfolio
 
MetLife Stock Index Portfolio
 
MFS® Research International Portfolio
 
MFS® Total Return Portfolio
 
MFS® Value Portfolio
 
PanAgora Global Diversified Risk Portfolio
 
Schroders Global Multi-Asset Portfolio
 
T. Rowe Price Large Cap Growth Portfolio
 
Platform 3
Platform 4
A maximum of 15% of Purchase Payments or Account
Value
A maximum of 15% of Purchase Payments or Account
Value
Brighthouse/Artisan Mid Cap Value Portfolio
American Funds SMALLCAP World Fund®
Frontier Mid Cap Growth Portfolio
CBRE Global Real Estate Portfolio
MetLife Mid Cap Stock Index Portfolio
Invesco Small Cap Growth Portfolio
Morgan Stanley Discovery Portfolio
Loomis Sayles Small Cap Core Portfolio
T. Rowe Price Mid Cap Growth Portfolio
Loomis Sayles Small Cap Growth Portfolio
Victory Sycamore Mid Cap Value Portfolio
MetLife Russell 2000® Index Portfolio
 
Neuberger Berman Genesis Portfolio
 
T. Rowe Price Small Cap Growth Portfolio
B-2
Guaranteed Minimum Accumulation Benefit
If you choose the Guaranteed Minimum Accumulation Benefit rider, until the rider terminates, we will require you to allocate your purchase payments and Contract Value solely to the following Eligible Funds:
 
Brighthouse Asset Allocation 40 Portfolio
Brighthouse Asset Allocation 60 Portfolio
B-3
 
The prospectus and statement of additional information (“SAI”) include additional information. The prospectus and SAI are dated the same as the summary prospectus and are incorporated by reference. The prospectus and SAI are available, without charge, upon request. For a free copy, call us at 1-888-243-1932, 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/BHF1.
Reports and other information about NELICO 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 C000013333

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