Form 497VPU PRINCIPAL LIFE INSURANCE

July 5, 2024 2:34 PM EDT

Principal Life Insurance Company Variable Life Separate Account

        
Supplement dated July 5, 2024
to the Prospectus and Updating Summary Prospectus dated May 1, 2024 for:

Principal Variable Universal Life Income IV


This supplement updates information contained in the Prospectus, and Updating Summary Prospectus referenced above. Please retain this supplement for future reference.

APPENDIX - UNDERLYING FUNDS AVAILABLE UNDER THE POLICY

Delete the rows for AllianceBernstein Small Cap Growth - Class A, and CVT S&P 500 Index in the table and replace with the following:
Fund Company and Fund Name and ClassFund TypeAdvisor/
Sub-Advisor		Current Expense RatioAverage Annual Total Returns
1 yr5 yr10 yr
AllianceBernstein Small Cap Growth - Class A (not available to new investors after 2/1/2013)*Small/Mid US EquityAllianceBernstein0.90%18.02%10.57%8.53%
CVT S&P 500 Index (not available to new investors after 4/25/2014)*Large US Equity
Calvert Research and Management/Ameritas Investment Partners, Inc.
0.28%25.92%15.39%11.68%










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