ANNUITIES VARIABLE Brighthouse Prime Options Variable Annuity Guaranteed

ANNUITIES | VARIABLE Brighthouse Prime Options Variable Annuity Guaranteed Lifetime Income With Built-In Flexibility

Agenda Preparing for the future: Predictable income sources What is a variable annuity? How a variable annuity can help manage uncertainty About the Brighthouse Prime Options variable annuity How the Flex. Choice Access rider can provide flexibility, especially for married couples The benefits of the Brighthouse Lifetime Withdrawal Guarantee rider This material is for general informational purposes only and should not be interpreted as a specific recommendation or as fiduciary investment advice as defined by the Department of Labor Fiduciary Rule. Contact your financial professional for more information. 2

Predictable Retirement Income Sources Defined Benefit Plans (Pension Plans) Social Security Annuities 3

What Is a Variable Annuity? Investments Variable Annuities Insurance If you are buying an annuity to fund a qualified retirement plan or IRA, you should do so for the annuity’s features and benefits other than tax deferral. Tax deferral is generally a feature of a qualified retirement plan or IRA, so an annuity would not provide an additional tax deferral benefit. References throughout this material to tax advantages, such as tax deferral and tax-free transfers, are subject to this consideration. The product described in this material is not made available to employer-sponsored qualified retirement plans. For non-qualified annuities, tax deferral is not available to corporations and certain other entities. Withdrawals of taxable amounts are subject to ordinary income tax. Withdrawals made before age 59½ may be subject to a 10% federal income tax penalty. Distributions of taxable amounts from a non-qualified annuity may also be subject to the 3. 8% Unearned Income Medicare Contribution tax that is generally imposed on interest, dividends, and annuity income if your modified adjusted gross income exceeds the applicable threshold amount. Withdrawals will reduce the living and death benefits and account value. Withdrawals may be subject to withdrawal charges. 4

How a Variable Annuity Can Manage Uncertainty Risk How a variable annuity can help Longevity risk – the risk of your money not lasting as long as you live Offers income for life, no matter how long you live Inflation risk – as inflation increases, your purchasing power decreases Offers opportunity to allocate assets among a variety of investment options, which may include equities Market risk – a decline in the market when you’re withdrawing money can deplete your assets at an accelerated rate Offers an optional living benefit that guarantees immediate or future income, regardless of market conditions Like most annuities, Brighthouse Financial variable annuities contain certain surrender charges, termination provisions, holding periods, and terms for keeping them in force. See your Registered Representative for complete details. Guarantees apply to certain insurance and annuity products, including optional benefits (not securities, variable, or investment advisory products) and are subject to product terms, exclusions, limitations, and the insurer’s claims-paying ability and financial strength. 5

How the Prime Options Variable Annuity Can Help • Cover day-to-day expenses with guaranteed income – for life • Offer a variety of underlying investment options to help diversify and potentially grow investments on a tax-deferred basis 1 • Help grow and protect retirement income and help provide for your loved ones, regardless of market conditions, with optional living and death benefits, available for an additional annual cost • Gives flexibility to withdraw portions of your account value 1 If you are buying an annuity to fund a qualified retirement plan or IRA, you should do so for the annuity’s features and benefits other than tax deferral. Tax deferral is generally a feature of a qualified retirement plan or IRA, so an annuity would not provide an additional tax deferral benefit. References throughout this material to tax advantages, such as tax deferral and tax-free transfers, are subject to this consideration. The product described in this material is not made available to employer-sponsored qualified retirement plans. For non-qualified annuities, tax deferral is not available to corporations and certain other entities. 6

Prime Options Variable Annuity Details Declining Withdrawal Charge Schedule 8%, 7%, 6%, 5%, 4%, 3%, 2% Maximum Ages (At Issue) 80 years old at time contract is issued (non-qualified) 30 -80 years old at time contract is issued (qualified) Purchase Payment Minimums Initial – $10, 000 (NQ & Q) $5, 000 (1035 exchanges) Subsequent – $500 (NQ & Q) M&E Charge 1 1. 15% Administration Charge 0. 15% Account Fee $50 (waived if account value is $75, 000+ on the contract anniversary date) Transfer Fee $25 if more than 12 transfers per contract year 1 1 Currently waived; however, Brighthouse Financial reserves the right to charge this fee in the future. 7

Terms You Need to Know Account Value • On day one, your account value equals your purchase payment(s) • May go up or down with the markets and will decrease with fees or when you take withdrawals Death Benefit • The amount of money payable to your beneficiaries in the event of your death, as long as you have not already begun to receive regular annuity payments under the contract (“annuitized” the contract) • May be taken as a series of annuity payments. If the beneficiary is a spouse, he or she may elect to continue the contract as owner 8

Prime Options Death Benefit Options Principal Protection Provides fundamental beneficiary protection Annual Step-Up (ASU) Potential to leave more money for your beneficiaries Earnings Preservation Benefit (EPB) Helps give loved ones a larger inheritance Flex. Choice Access Death Benefit Adds additional death benefit coverage with the Flex. Choice Access rider 9

ANNUITIES | VARIABLE Flex. Choice Access A Variable Annuity Rider How to Get Lifetime Income With Fewer Compromises

Are Your Financial Plans Flexible Enough for the Way Life Unfolds? Many people want But need Certainty Flexibility Variable annuities: Why trade flexibility for retirement income? 11

Marriage Facts of variable annuities with living benefits were set up to provide income for two people. 1 benefit from having a variable annuity with living benefits designed to provide income for two people? 1 Variable Annuity Guaranteed Living Benefits Utilization Study, jointly sponsored by the Society of Actuaries and LIMRA, 2014. 12

Get Lifetime Income With Fewer Compromises Four ways Flex. Choice Access provides additional flexibility to married couples: 1 There’s no need to choose single or joint lifetime income options at issue 2 The initial withdrawal rate is the same for married couples or single persons 3 Income is based on the age of the older owner; if you are married, you can potentially get more income sooner through a higher withdrawal rate There’s no additional charge to cover your spouse 4 Guarantees are subject to the product terms, exclusions, and limitations, and the insurer's claims-paying ability and financial strength. The Flex. Choice Access rider does not guarantee your account value or a minimum return for any underlying investment portfolio. Guarantees are subject to the product terms, exclusions, and limitations, and the insurer’s claims-paying ability and financial strength. Flex. Choice Access is referred to as the Guaranteed Lifetime Withdrawal Benefit (GLWB) in the prospectus. 3 We use the terms “income” and “lifetime income” to refer to any allowable withdrawal(s) under the Flex. Choice Access rider, as well as any lifetime income payments you would receive under the rider if your account value reduces to zero. 4 Initial withdrawal rate refers to the withdrawal rate after age 59½ (age 59½ of older owner if jointly owned) and prior to the contract's account value reducing to zero. If the account value reduces to zero, you can elect to receive income for one or two lives based on the applicable Lifetime Guarantee Rate. The Joint Lifetime Guarantee Rate is less than the Single Lifetime Guarantee Rate, and the spouse cannot be more than 10 years younger than the older owner as determined by the birthdays of the two individuals. 5 The Flex. Choice Access rider is available for an additional annual charge of 1. 35% of the Benefit Base, which is deducted from the account value on each contract anniversary. Upon Automatic Step-Up, the annual charge may increase, up to a maximum of 2. 00%. 1 2 13

How Do You Feel About Locking in Decisions Today? With Flex. Choice Access, you’re covered no matter how your life unfolds, because you don’t have to choose between single or joint lifetime income options at issue. Here’s how it works: If your account value reduces to zero, you can choose the option that best fits your needs: Lifetime income for one OR Lifetime income for two And there’s no additional charge to cover your spouse. 1 Guaranteed payout options are subject to contract terms and current availability. Income payouts are generally subject to ordinary income taxes. If you choose a lifetime income for two payout option and/or guarantee period, federal tax law may impose certain restrictions and limitations. For qualified plans and IRAs, if annuity payments are payable over the joint lives (or a period not exceeding the joint life expectancy) of you and a non-spousal beneficiary, federal tax rules may require that the payments be made over a shorter period or that payments to your beneficiary be reduced after your death. Tax rules may also limit the duration of the guarantee period for annuity payments from a qualified contract. Please consult your own independent legal and tax advisor when considering such a payout option. 1 The Flex. Choice Access rider is available for an additional annual charge of 1. 35%, which is deducted from the account value on each contract anniversary. Upon Automatic Step-Up, the annual charge may increase up to a maximum of 2. 00%. The spouse cannot be more than 10 years younger than the older owner as determined by the birthdays of the two individuals. The Joint Lifetime Guarantee Rate is less than the Single Lifetime Guarantee Rate and the spouse cannot be more than 10 years younger than the older owner as determined by the birthdays of the two individuals. 14

What Else Do I Need to Know About the Rider? If your needs change, you cancel the Flex. Choice Access rider on the 5 th, 10 th, or later contract anniversaries. If you cancel the rider on the 10 th or later contract anniversary, and your original account value (adjusted proportionately for withdrawals) has dropped due to market performance, you’ll receive a Guaranteed Principal Adjustment (GPA) to your account value. whether a GPA is due. What happens if you cancel the rider and your account value has decreased? We bring the account value back to its original amount, which equals purchase payments made in the first 120 days of the contract, adjusted proportionately for withdrawals. Purchase payments made after the first 120 days will not be considered part of the initial investment for GPA purposes, and may impact whether a GPA is due. 15

Income When You Need It Most Two guaranteed withdrawal options 1 Flex. Choice Access provides the same initial withdrawal rate, helping to provide more income when you need it most. 2 Flex. Choice Access Level 3 Provides a level amount of payments for your lifetime – guaranteed. Withdrawal Percent: Example: Age 65 = 5. 25% Note: If the account value reduces to zero, you’ll still receive the same amount of single life income for life. Flex. Choice Access Expedite Provides a higher level of withdrawals early in retirement through a higher withdrawal rate. Withdrawal Percent: Example: Age 65 = 6% Note: If the account value reduces to zero, you’ll receive a reduced level of income for life. Not all options and features are available in all states. 1 2 3 4 5 Guarantees are subject to the product terms, exclusions, and limitations, and the insurer’s claims-paying ability and financial strength. Flex. Choice Access is referred to as the Guaranteed Lifetime Withdrawal Benefit (GLWB) in the prospectus. We use the terms “income” and “lifetime income” to refer to any allowable withdrawal(s) under the Flex. Choice Access rider, as well as any lifetime income payments you would receive under the rider if your account value reduces to zero. Initial withdrawal rate refers to the withdrawal rate after age 59½ (age 59½ of older owner if jointly owned) and prior to the contract's account value reducing to zero. If the account value reduces to zero, you can elect to receive income for one or two lives based on the applicable Lifetime Guarantee Rate. The Joint Lifetime Guarantee Rate is less than the Single Lifetime Guarantee Rate and the spouse cannot be more than 10 years younger than the older owner as determined by the birthdays of the two individuals. The Flex. Choice Access rider is available for an additional annual charge of 1. 35% of the Benefit Base, which is deducted from the account value on each contract anniversary. Upon Automatic Step-Up, the annual charge may increase, up to a maximum of 2. 00%. 16

Start Withdrawals at Any Time – Level vs. Expedite 1 The amount of income is determined by age at first withdrawal. If your contract is jointly owned, income is based on the age of the older owner. Withdrawal Rate – before account value reduces to zero Level Expedite Age at 1 st Withdrawal Rate (% of Benefit Base) 59½ to less than 65 4. 25% 59½ to less than 65 5. 00% 65 to less than 75 5. 25% 65 to less than 75 6. 00% 75 to less than 80 5. 50% 75 to less than 80 6. 00% 80+ 6. 75% Note: If the contract’s account value is reduced to zero due to a withdrawal before age 59½, or due to an excess withdrawal, you will not be eligible for lifetime income, no further benefit will be payable under the Flex. Choice Access rider, and the rider will terminate. See prospectus for details. 1 Withdrawals of taxable amounts are subject to ordinary income tax. Withdrawals made before age 59½ may be subject to a 10% federal income tax penalty. Distributions of taxable amounts from a non-qualified annuity may also be subject to the 3. 8% Unearned Income Medicare Contribution tax that is generally imposed on interest, dividends, and annuity income if your modified adjusted gross income exceeds the applicable threshold amount. Withdrawals will reduce the living and death benefits and account value. Withdrawals may be subject to withdrawal charges. 17

Withdrawal Rates – Level vs. Expedite Lifetime Guarantee Rate – after account value reduces to zero Level Expedite Age at 1 st Withdrawal Single Life Guarantee Rate Joint Lifetime Guarantee Age at 1 st Rate Withdrawal Joint Age When Single Lifetime Account Value is Guarantee Reduced to Zero Rate 59½ to less than 65 4. 25% 3. 25% 79 or younger 3. 50% 2. 50% 65 to less than 75 5. 25% 4. 25% 80 or older 3. 75% 2. 75% 75 to less than 80 5. 50% 4. 50% 79 or younger 4. 50% 3. 50% 80+ 6. 00% 5. 00% 80 or older 4. 75% 3. 75% 79 or younger 4. 50% 3. 50% 80 or older 4. 75% 3. 75% 79 or younger N/A 80 or older 5. 50% 4. 50% 59½ to less than 65 65 to less than 75 75 to less than 80 80+ Note: If the contract’s account value is reduced to zero due to a withdrawal before age 59½, or due to an excess withdrawal, you will not be eligible for lifetime income, no further benefit will be payable under the Flex. Choice Access rider, and the rider will terminate. See prospectus for details. 18

How Long Should You Wait to Start Receiving Income? With Flex. Choice Access, the initial withdrawal rate is based on the age of the older owner at the time of the first withdrawal. The percentage of married people who are not the same age 1 The average difference 1 This means that you won’t have to wait for the younger owner to reach a key age to begin withdrawals. 1 Source: U. S. Census Bureau, 2013. www. census. gov 19

Real-Life Flexibility for the Ways Life Unfolds Spousal flexibility Flex. Choice Access was designed to help remove tough, upfront decisions married clients often face when planning for retirement. Start withdrawals at any time 1 Cancel if needs change You decide when to start withdrawing income. You cancel the Flex. Choice Access rider on the 5 th, 10 th, or later contract anniversary. The Flex. Choice Access initial withdrawal rate is based on your age at the time of the 1 st withdrawal after age 59½. For jointly-owned contracts, we will base the initial withdrawal rate on the age of the older owner. 1 Distributions of taxable amounts are subject to ordinary income tax and, if made before age 59½, may be subject to a 10% federal income tax penalty. Distributions of taxable amounts from a nonqualified annuity may also be subject to the 3. 8% Unearned Income Medicare Contribution tax if your modified adjusted gross income exceeds the applicable threshold amount. 20

Option A Designed to furnish a professionally managed asset allocation that provides automatic diversification. 100% must be allocated to either Option A OR Option B. Asset Allocation American Funds® Balanced Allocation Portfolio American Funds® Moderate Allocation Portfolio Brighthouse Asset Allocation 20 Portfolio Brighthouse Asset Allocation 40 Portfolio Brighthouse Asset Allocation 60 Portfolio SSGA Growth and Income ETF Portfolio _____% _____% Additional Investment Options AB Global Dynamic Allocation Portfolio* AQR Global Risk Balanced Portfolio* Black. Rock Global Allocation V. I. Fund Black. Rock Global Tactical Strategies Portfolio* Brighthouse Balanced Plus Portfolio* Franklin Income VIP Fund Invesco Balanced-Risk Allocation Portfolio* JPMorgan Global Active Allocation Portfolio* Loomis Sayles Global Markets Portfolio Met. Life Multi-Index Targeted Risk Portfolio* Pan. Agora Global Diversified Risk Portfolio* Schroders Global Multi-Asset Portfolio* _____% _____% _____% Total (must be 100%) _____% * Risk Managed Global Multi-Asset Portfolio 21

Option B Designed to provide the flexibility to choose investment options aligned to individual goals. The totals of Platform 1 and Platform 2 must equal 100%. Platform 1 Equity Funds, Asset Allocation, and Risk Managed Global Multi-Asset Portfolios AB Global Dynamic Allocation Portfolio* American Funds Global Growth Fund American Funds Global Small Capitalization Fund American Funds Growth-Income Fund American Funds® Balanced Allocation Portfolio American Funds® Growth Portfolio American Funds® Moderate Allocation Portfolio AQR Global Risk Balanced Portfolio* Black. Rock Capital Appreciation Portfolio Black. Rock Global Allocation V. I. Fund Black. Rock Global Tactical Strategies Portfolio* Brighthouse Asset Allocation 20 Portfolio Brighthouse Asset Allocation 40 Portfolio Brighthouse Asset Allocation 60 Portfolio Brighthouse Asset Allocation 80 Portfolio Brighthouse Asset Allocation 100 Portfolio Brighthouse Balanced Plus Portfolio* Brighthouse/Aberdeen Emerging Markets Equity Portfolio Brighthouse/Wellington Core Equity Opportunities Portfolio Clarion Global Real Estate Portfolio Clear. Bridge Variable Aggressive Growth Portfolio Clear. Bridge Variable Appreciation Portfolio Clear. Bridge Variable Dividend Strategy Portfolio Clear. Bridge Variable Small Cap Growth Portfolio Fidelity VIP Contrafund® Portfolio Fidelity VIP Mid Cap Portfolio Franklin Income VIP Fund _____% Franklin Mutual Shares VIP Fund _____% Franklin Small Cap Value VIP Fund _____% Harris Oakmark International Portfolio _____% * Invesco Balanced-Risk Allocation Portfolio _____% Invesco Comstock Portfolio _____% Invesco Small Cap Growth Portfolio _____% Invesco V. I. Equity and Income Fund _____% Invesco V. I. International Growth Fund _____% * JPMorgan Global Active Allocation Portfolio _____% Loomis Sayles Global Markets Portfolio _____% Met. Life Mid Cap Stock Index Portfolio _____% ® Index Portfolio Met. Life MSCI EAFE _____% * Met. Life Multi-Index Targeted Risk Portfolio _____% ® Index Portfolio Met. Life Russell 2000 _____% Met. Life Stock Index Portfolio _____% ® Research International Portfolio MFS _____% Morgan Stanley Mid Cap Growth Portfolio _____% ®/VA Oppenheimer Main Street Small Cap Fund _____% * Pan. Agora Global Diversified Risk Portfolio _____% Pioneer Mid Cap Value VCT Portfolio _____% * Schroders Global Multi-Asset Portfolio _____% SSGA Growth and Income ETF Portfolio _____% T. Rowe Price Large Cap Value Portfolio _____% Victory Sycamore Mid Cap Value Portfolio _____% Platform 1 Total (cannot exceed 70%) * Risk Managed Global Multi-Asset Portfolio 1 Replaced by Schroders Global Mutli-Asset Portfolio II on 12/15/17 2 Replaced by Victory Sycamore Mid Cap Value Portfolio on 12/15/17 22

Option B Designed to provide the flexibility to choose investment options aligned to individual goals. The totals of Platform 1 and Platform 2 must equal 100%. Platform 2 Bond/Fixed Income American Funds Bond Fund _____% Black. Rock Bond Income Portfolio _____% Black. Rock High Yield Portfolio _____% Black. Rock Ultra-Short Term Bond Portfolio _____% Fidelity Institutional Asset Management® Government Income Portfolio _____% Met. Life Aggregate Bond Index Portfolio _____% Templeton Global Bond VIP Fund _____% Western Asset Management Strategic Bond Opportunities Portfolio _____% Western Asset Management U. S. Government Portfolio _____% Western Asset Variable Global High Yield Bond Portfolio _____% Platform 2 Total (must be at least 30%) _____% Platform 1 Total: + Platform 2 Total: = Option B Total: _______ Total must equal 100% 23

Income for Life, Investment Options by Design

The Optional Lifetime Withdrawal Guarantee Rider Protect Lifetime Income Take withdrawals whenever you need them 1 2 Capture Market Gains for Future Income Lock in market gains and get larger income payments Pursue Investment Growth Design an investment strategy Additional Flexibility Start over with your original purchase payment 3 Guarantees apply to certain insurance and annuity products, including optional benefits (not securities, variable, or investment advisory products), and are subject to product terms, exclusions, limitations, and the insurer’s claims-paying ability and financial strength. 1 The Lifetime Withdrawal Guarantee rider does not guarantee your account value or a minimum return for any underlying investment portfolio. 2 Withdrawals of taxable amounts are subject to ordinary income tax. Withdrawals made before age 59½ may be subject to a 10% federal income tax penalty. Distributions of taxable amounts from a non-qualified annuity may also be subject to the 3. 8% Unearned Income Medicare Contribution tax that is generally imposed on interest, dividends, and annuity income if your modified adjusted gross income exceeds the applicable threshold amount. Withdrawals will reduce the living and death benefits and account value. Withdrawals may be subject to withdrawal charges. 3 Original purchase payment (made during the first 120 days of the contract) is reduced proportionately for withdrawals, available on the 15 th and later contract anniversaries. 25

Important Terms to Know Total Guaranteed Withdrawal Amount (TGWA) Total amount you or your beneficiary(ies) are guaranteed to receive over time, provided withdrawals do not exceed the Annual Benefit Payment. • Increases with additional purchase payments, compounding, and market gains • Only decreases if annual withdrawals exceed the Annual Benefit Payment Remaining Guaranteed Withdrawal Amount (RGWA) Remaining amount of guaranteed money you or your beneficiary(ies) will receive over time, provided withdrawals do not exceed the Annual Benefit Payment. • Increases with additional purchase payments, compounding, and market gains • Decreases with each withdrawal Annual Benefit Payment (ABP) Once you start taking withdrawals, this is the maximum amount you can withdraw each year. • Equal to 4% of the TGWA 26

Lifetime Withdrawal Guarantee (LWG) Facts • Optional LWG benefit is available to purchasers age 40 -80 and must be elected at contract issue • Revocable within the 30 days following the 5 th, 10 th, 15 th, or later contract anniversary 1 • Available for an additional annual charge of 1. 40% (Single Life version) or 1. 55% (Joint Life version) of the Total Guaranteed Withdrawal Amount, deducted from the account value and assessed on the contract anniversary date 2 Guaranteed payout options are subject to contract terms and current availability. Income payouts are generally subject to ordinary income taxes. If you choose a lifetime income for two payout option and/or guarantee period, federal tax law may impose certain restrictions and limitations. For qualified plans and IRAs, if annuity payments are payable over the joint lives (or a period not exceeding the joint life expectancy) of you and a non-spousal beneficiary, federal tax rules may require that the payments be made over a shorter period so that payments to your beneficiary are reduced after your death. Tax rules may also limit the duration of the guarantee period for annuity payments from a qualified contract. Please consult your own independent legal and tax advisor when considering such a payout option. 1 May not be re-elected once revoked. 2 Charge is based on the Total Guaranteed Withdrawal Amount (TWGA) as described in the prospectus. The annual charge will continue until the rider is terminated. Please see prospectus for events that terminate the rider. If a step-up occurs, the TGWA will increase and thus the total fee for the rider (a percentage of the TGWA) will also increase. Also upon step-up, we may increase the annual charge, not to exceed the charge applicable to current annuity purchasers of the same benefit at the time of the step-up. Maximum allowable charge is 1. 60% for Single Life version and 1. 80% for Joint Life version. 27

Lifetime Withdrawal Guarantee – Taking Withdrawals You can begin taking 4% annual withdrawals at any time and, if you are at least 59½ at the time of your first withdrawal, you’re guaranteed withdrawals for life. 1 Get back every dollar invested Age 59½ First withdrawal before age 59½ Lifetime withdrawals First withdrawal starts at or after age 59½ 1 If you take a withdrawal prior to age 59½, you will not receive lifetime income. 28

LWG – Excess Withdrawals Must stay within Annual Benefit Payment (ABP) = 4% of TGWA • If you withdraw more than the ABP in a given year, the TGWA may be reduced significantly • New TGWA will be calculated using lesser of account value after withdrawal or TGWA after withdrawal • New ABP will be 4% of new TGWA • LWG death benefit feature will terminate 29

Summary LWG can help someone: • Receive predictable income for life, regardless of market conditions, if withdrawals begin at or after age 59½ • Accumulate and receive larger payments if they delay taking withdrawals • Lock in market gains for future income on a contract anniversary up to age 86 • Take control of their retirement strategy by designing their own asset allocation strategy and choosing when to start withdrawals Withdrawals of taxable amounts are subject to ordinary income tax. Withdrawals made before age 59½ may be subject to a 10% federal income tax penalty. Distributions of taxable amounts from a non-qualified annuity may also be subject to the 3. 8% Unearned Income Medicare Contribution tax that is generally imposed on interest, dividends, and annuity income if your modified adjusted gross income exceeds the applicable threshold amount. Withdrawals will reduce the living and death benefits and account value. Withdrawals may be subject to withdrawal charges. 30

Questions?

Important Information Investment Performance Is Not Guaranteed. Securities from Brighthouse Financial are offered by contractual agreement between Brighthouse Securities, LLC and PFS Investments Inc. , 1 Primerica Parkway, Duluth, GA 30099. This material must be preceded or accompanied by a prospectus for the Brighthouse Prime Options variable annuity issued by Brighthouse Life Insurance Company and, in New York only, by Brighthouse Life Insurance Company of NY. Prospectuses for the investment portfolios offered thereunder are available from your financial professional. The contract prospectus contains information about the contract’s features, risks, charges, and expenses. Investors should consider the investment objectives, risks, charges, and expenses of the investment company carefully before investing. The investment objectives, risks, and policies of the investment options, as well as other information about the investment options, are described in their respective prospectuses. Please read the prospectuses and consider this information carefully before investing. Product availability and features may vary by state. Please refer to the contract prospectus for more complete details regarding the living and death benefits. The Brighthouse Prime Options variable annuity is a long-term investment designed for retirement purposes. Variable annuities issued by Brighthouse Life Insurance Company and, in New York only, by Brighthouse Life Insurance Company of NY, have limitations, exclusions, charges, termination provisions, and terms for keeping them in force. There is no guarantee that any of the variable investment options in this product will meet their stated goals or objectives. The account value is subject to market fluctuations and investment risk so that, when withdrawn, it may be worth more or less than its original value, even when an optional protection benefit rider is elected. All contract and rider guarantees, including optional benefits and annuity payout rates, are subject to the claims-paying ability and financial strength of the issuing insurance company. Please contact your financial professional for complete details. In applying the information provided in this material, you should consider your other assets, income, and investments – such as the equity in your home, your Social Security benefits, any IRAs, savings accounts, and other plans that may provide retirement income – as those other assets may not be included in this discussion, model, or estimate. Withdrawals of taxable amounts are subject to ordinary income tax. Withdrawals made before age 59½ may be subject to a 10% federal income tax penalty. Distributions of taxable amounts from a non-qualified annuity may also be subject to the 3. 8% Unearned Income Medicare Contribution tax that is generally imposed on interest, dividends, and annuity income if your modified adjusted gross income exceeds the applicable threshold amount. Withdrawals will reduce the living and death benefits and account value. Withdrawals may be subject to withdrawal charges. Any discussion of taxes is for general informational purposes only, does not purport to be complete or cover every situation, and should not be construed as legal, tax, or accounting advice. Clients should confer with their qualified legal, tax, and accounting advisors as appropriate. All guarantees, including any optional benefits, are subject to the claims-paying ability and financial strength of the issuing insurance company. Each issuing insurance company is solely responsible for its own financial condition and contractual obligations. The Brighthouse Prime Options variable annuity is issued by, and product guarantees are solely the responsibility of, Brighthouse Life Insurance Company on Policy Form 8010 (11/00) and, in New York only, by Brighthouse Life Insurance Company of NY on Policy Form 6010 (3/07) ("Brighthouse Financial"). All variable products are distributed by Brighthouse Securities, LLC (member FINRA). Brighthouse Financial® and its design are registered trademarks of Brighthouse Financial, Inc. and/or its affiliates. PFS Investments Inc. is not affiliated with Brighthouse Financial or its affiliates. • Not a Deposit • Not FDIC Insured • Not Insured by Any Federal Government Agency • Not Guaranteed by Any Bank or Credit Union • May Lose Value 1807 CLVA 172511 -3 © 2018 BRIGHTHOUSE FINANCIAL, INC. 2034724. 1[02/23/2020] 32