Annuities

Effective April 30, 2021, Putnam Large Cap Value Subaccount changed from Putnam VT Equity Income Subaccount and Putnam Focused International Equity Subaccount changed from Putnam Global Equity Subaccount.

Funds are ranked according to Overall Morningstar Risk. Fund placement is based on a standard scale. Relative risk between funds is not represented. For income funds, if other risk factors were considered, such as credit risk, interest-rate risk, or inflation risk, rankings on the ribbons would vary.

Variable annuities are long-term investments designed for retirement purposes. Putnam Capital Manager products are flexible-premium variable annuities held by Talcott Resolution Life, Inc., Simsbury, CT.

These policies have limitations and are sold by prospectus only. The prospectus contains details on the variable annuity, the subaccounts, contract features, fees, expenses, and other pertinent information.

Effective April 30, 2021, Putnam Large Cap Value Subaccount changed from Putnam VT Equity Income Subaccount and Putnam Focused International Equity Subaccount changed from Putnam Global Equity Subaccount.

Funds are ranked according to Overall Morningstar Risk. Fund placement is based on a standard scale. Relative risk between funds is not represented. For income funds, if other risk factors were considered, such as credit risk, interest-rate risk, or inflation risk, rankings on the ribbons would vary.

Variable Annuities are long-term investments designed for retirement purposes.

Putnam Allstate Advisor, Putnam Allstate Advisor Plus and Putnam Allstate Advisor Preferred variable annuities are flexible-premium deferred variable annuities issued by Allstate Life Insurance Company, underwritten by Allstate Distributors, L.L.C, Northbrook, IL, and are sold through registered representatives, or bank employees who are licensed insurance agents. Please check for availability in your specific state.

These policies have limitations and are sold by prospectus only. The prospectus contains details on the variable annuity, the subaccounts, contract features, fees, expenses, and other pertinent information.

Please note that Putnam Investments, Allstate Life, or any of their agents cannot give legal or tax advice. The brief discussion of taxes in this material may not be complete or necessarily current; the laws and regulations are complex and subject to change. For complete details, consult your attorney or tax advisor.