Form 497VPU TALCOTT RESOLUTION LIFE
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E-mailTalcott Resolution Life and Annuity Insurance Company
Talcott Resolution Life and Annuity Insurance Company Separate Account Seven
Leaders Series IV
[This contract was previously sold under various marketing names depending on which Financial Intermediary sold the contract and/or when the contract was sold. These marketing names include: Series IV of Leaders, Leaders Access, Leaders Plus, and Leaders Outlook]
Supplement dated June 30, 2026 to the prospectus and updating summary prospectus dated May 1, 2026
The following supplements and amends the prospectus and updating summary prospectus for the above-mentioned contracts. Please read this supplement carefully and retain it for future reference. Special terms not defined in this supplement have the same meanings as in the prospectus and updating summary prospectus.
Effective May 1, 2026, in Appendix A - Investment Options Available Under the Contract:
“Current Expenses” for the following funds are updated:
| Fund and Adviser/Subadviser | Current Expenses | ||||
| AB VPS Balanced Hedged Allocation Portfolio - Class B Adviser: AllianceBernstein, L.P. | 0.98%* | ||||
| AB VPS Discovery Value Portfolio - Class B Adviser: AllianceBernstein, L.P. | 1.07% | ||||
| AB VPS Relative Value Portfolio - Class B Adviser: AllianceBernstein, L.P. | 0.85%* | ||||
| Franklin Mutual Shares VIP Fund - Class 4 Adviser: Franklin Mutual Advisers, LLC | 1.04% | ||||
| Franklin Strategic Income VIP Fund - Class 4 Adviser: Franklin Advisers, Inc. | 1.17%* | ||||
| Hartford Capital Appreciation HLS Fund - Class IA Adviser: Hartford Funds Management Company, LLC Subadviser: Wellington Management Company LLP | 0.68% | ||||
| Hartford Disciplined Equity HLS Fund - Class IA Adviser: Hartford Funds Management Company, LLC Subadviser: Wellington Management Company LLP | 0.60% | ||||
| Lord Abbett Bond-Debenture Portfolio - Class VC Adviser: Lord, Abbett & Co. LLC | 1.05% | ||||
| Putnam VT Diversified Income Fund - Class IB Adviser: Franklin Advisers, Inc. Subadviser: Putnam Investment Management, LLC and Franklin Templeton Investment Management Limited | 1.05% | ||||
| Putnam VT Small Cap Value Fund - Class IB Adviser: Putnam Investment Management, LLC Subadviser: Franklin Advisers, Inc. and Franklin Templeton Investment Management Limited | 1.02% | ||||
The following fund names are updated:
| Former Name | New Name | ||||
| American Funds Global Small Capitalization Fund | American Funds SMALLCAP World Fund | ||||
| American Funds International Fund | American Funds EUPAC Fund | ||||
The Series 8050 model shown in the “Optional Benefit Investment Restrictions” is deleted and replaced with the following:
| Series 8050 | |||||
| Fund | |||||
| American Funds EUPAC Fund (formerly American Funds International Fund) | 15% | ||||
| American Funds Growth Fund | 25% | ||||
| American Funds Growth-Income Fund | 20% | ||||
| American Funds SMALLCAP World Fund (formerly American Funds Global Small Capitalization Fund) | 10% | ||||
| American Funds The Bond Fund of America | 30% | ||||
| Total | 100% | ||||
HV-8285
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