Form 497VPU TALCOTT RESOLUTION LIFE
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E-mailTalcott Resolution Life Insurance Company
Talcott Resolution Life Insurance Company Separate Account Two
Director Series VII
Talcott Resolution Life and Annuity Insurance Company
Talcott Resolution Life and Annuity Insurance Company Separate Account One
Director Series VII
Director Outlook Series I/IR
Talcott Resolution Life and Annuity Insurance Company
Talcott Resolution Life and Annuity Insurance Company Separate Account Seven
Leaders Outlook Series I/IR
Supplement dated January 10, 2025 to the variable annuity prospectus dated May 1, 2024
and the updating summary prospectus dated April 29, 2024
This supplement should be read in conjunction with the prospectus and summary prospectus for your contract.
The contracts were previously sold under various marketing names depending on which distribution partner sold the product and/or when the contract was sold.
ATTENTION:
This update impacts the following contracts:
Director Elite Series I/IR, Director Elite Outlook Series I/IR and Leaders Elite Outlook Series I/IR
In Appendix A - Funds Available Under the Contract, information for Subadviser and Current Expenses for the AST International Equity Portfolio is updated effective January 13, 2025:
| Type | Fund and Adviser/Subadviser | Current Expenses | Average Annual Total Returns (as of 12/31/23) | ||||||||||||||
| 1 Year | 5 Year | 10 Year | |||||||||||||||
| International Equity | AST International Equity Portfolio Adviser: PGIM Investments LLC and AST Investment Services, Inc. Subadviser: Putnam Investment Management, LLC, Massachusetts Financial Services Company, PGIM Quantitative Solutions LLC, J.P. Morgan Investment Management Inc., and Jennison Associates LLC | 1.00%* | 17.75% | 10.39% | 6.08% | ||||||||||||
This supplement should be retained for future reference.
HV-8154
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