Supplement Dated August 29, 2014 to your Prospectus Dated May 1, 2014
The Investment Adviser/Sub-Adviser information for the Federated Managed Rail Risk Fund II and Federated Managed Volatility Fund II in “Appendix I – The Funds” of your prospectus is deleted and replaced with the following information:
Funding Option | Investment Objective Summary | Investment Adviser/Sub- Adviser |
Federated Managed Tail Risk Fund II | Seeks capital appreciation | Federated Global Investment Management Corp., Federated Investment Management Company and Federated Equity Management Company of Pennsylvania |
Federated Managed Volatility Fund II | Seeks to achieve high current income and moderate capital appreciation | Federated Global Investment Management Corp., Federated Investment Management Company and Federated Equity Management Company of Pennsylvania |
This Supplement Should Be Retained For Future Reference.
HV-7591