Summary Prospectus for New Investors
for Horace Mann Personal Retirement Planner Individual Qualified Flexible Premium Deferred Variable Annuity Contract
Issued by
Horace Mann Life Insurance Company
May 1, 2026
This Summary Prospectus summarizes key features of the Contract (“Horace Mann Personal Retirement Planner Individual Qualified Flexible Premium Deferred Variable Annuity Contract”). Before you invest, You should also review the prospectus for the Horace Mann Personal Retirement Planner Individual Qualified Flexible Premium Deferred Variable Annuity Contract, which contains more information about the Contract, including its features, benefits, and risks. You can find the prospectus and other information about the Contract online at dfinview.com/HoraceMann/TAHD/PRPQ. You can also obtain this information at no cost by calling 1-800-999-1030 or by sending an email request to contactcenterannuity@horacemann.com.
You may cancel Your Contract within 30 days of receiving it without paying fees or penalties. In some states, this cancellation period may be longer. Upon cancellation, You will receive any Variable Account Value plus, any fees or charges deducted from the portion of the premium payment(s) allocated to the Variable Account, plus any premium payments allocated to the fixed account. This amount will be reduced by any withdrawals, excluding surrender charges, if applicable, and any outstanding loan balance. If You live in California, return Your Contract within 30 days, and do not direct Your premium to be invested in a stock or bond portfolio, You will be entitled to a refund of the premium and any policy fee paid. If You direct that the premium be invested in a stock or bond portfolio, You will be entitled to a refund of the policy's Account Value on the day the policy is received by the insurance company or agent who sold You this policy, which could be less than the premium You paid for the policy, plus any policy fee paid. We will pay the refund within 10 calendar days after We receive the Contract. Upon return of the Contract, it will be deemed void. You should review the prospectus, or consult with Your investment professional, for additional information about the specific cancellation terms that apply.
Additional information about certain investment products, including variable annuities, has been prepared by the Securities and Exchange Commission’s staff and is available at Investor.gov.
The Securities and Exchange Commission has not approved or disapproved this contract or passed upon the adequacy of this summary prospectus. Any representation to the contrary is a criminal offense.
To receive prospectuses and other annuity-related documents electronically, sign-up for eDelivery. Visit https://customer.horacemann.com/MyAccount/Login/Login to register or log in to Your account. Your eDelivery preferences can be found on the eCommunications tab in My Profile.
This prospectus and the Underlying Fund prospectuses are also available online at dfinview.com/HoraceMann/TAHD/PRPQ.
We appreciate Your cooperation as we work to reduce the volume of paper we distribute. While we’re committed to providing you with the information you need in the format you prefer, we are always looking for ways to reduce paper use.
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Contents 
Contents
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2
Definitions
Account Value: The sum of the Fixed Account Value and the Variable Account Value.
Accumulation Unit: A unit of measurement used to determine the value of a Contract Owner’s interest in a Subaccount before Annuity Payments begin.
Accumulation Unit Value: The value of an Accumulation Unit on any Valuation Date.
Annuity Date: The date Annuity Payments begin. The criteria for setting an Annuity Date are set forth in Your Contract, and the anticipated Annuity Date is shown on the Annuity Data pages of Your Contract.
In addition, Qualified Contracts often have certain limitations upon election of an Annuity Date. Generally, distributions under Qualified Contracts (except Roth IRAs) must begin by April 1 following the calendar year in which the Contract Owner reaches age 73. See “Tax Consequences --- Required Minimum Distributions.”
Annuity Payments: A series of payments beginning on the Annuity Date.
Annuity Period: The period during which Annuity Payments are made.
Contract: The individual flexible premium deferred variable annuity contract this prospectus offers.
Contract Anniversary: The same day and month as the Issue Date of Your Contract for each succeeding year of Your Contract.
Contract Owner (You, Your): The individual or entity to whom the Contract is issued.
Contract Year: A period of twelve months beginning on the date a Contract is issued and each anniversary of that date.
HMLIC, We, Us, Our: Horace Mann Life Insurance Company.
Home Office: The mailing address and telephone number of Our Home Office are: P.O. Box 4657, Springfield, Illinois 62708-4657; (800) 999-1030. Our street address is 1 Horace Mann Plaza, Springfield, Illinois 62715-0001.
Investment Options: The fixed account and the Underlying Funds in which the Subaccounts invest.
Net Premium: Each premium payment paid to HMLIC under the Contract, less any applicable premium taxes.
Qualified Retirement Plan: Employer retirement plans established under Internal Revenue Code (IRC) Sections 401(a) or 403(b) or 457(b) and individual retirement arrangements under IRC Sections 408(b) and 408A.
Required Minimum Distribution: The amount required to be withdrawn from Your Contract after You reach age 73 or upon Your death. “See Tax Consequences – Required Minimum Distributions”.
Separate Account: The Horace Mann Life Insurance Company Separate Account, a segregated variable investment account consisting of Subaccounts each of which invests in a corresponding Underlying Fund. The Separate Account was established by HMLIC under Illinois law and is registered as a Unit Investment Trust under the Investment Company Act of 1940, as amended (the “Act”).
Subaccount: A division of the Separate Account that invests in shares of a corresponding Underlying Fund.
Underlying Funds, Portfolio Companies: All open-end management investment companies registered under the Act that are listed in this document and are available for investment by the Separate Account. The terms Underlying Funds and Portfolio Companies are used interchangeably in this prospectus.
Unit Investment Trust (or “UIT”): A type of investment company, regulated and separately registered and regulated by the SEC under the Investment Company Act of 1940. The Separate Account is registered as a UIT. The UIT referenced in this prospectus is open-ended, meaning there can be continuous purchases of shares of the Underlying Funds. Variable Annuity Payments are deposited in the UIT and allocated to the Subaccounts each of which invests in a specified Underlying Fund, which is separately registered under the Investment Company Act of 1940.
Valuation Date: Any day on which the NYSE is open for trading and on which the net asset value of each share of the Underlying Funds is determined. The Valuation Date ends at 3:00 p.m. Central Time, or the close of the NYSE, if earlier. We deem receipt of any Net Premium or request to occur on a particular Valuation Date if We receive the Net Premium or transaction request
3
(in either case, with all required information and documentation) at Our Home Office before 3:00 p.m. Central Time, or the close of the NYSE if earlier, on that day. If received at or after 3:00 p.m. Central Time, or the close of the NYSE if earlier, We deem receipt to occur on the following Valuation Date.
Variable Account Value: The dollar value of the Subaccount(s) under the Contract before Annuity Payments begin. This dollar value will vary based on the investment performance of the corresponding Underlying Fund(s).
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Important Information You Should Consider About the Contract 
 
Fees, Expenses, and Adjustments
Location in
Statutory
Prospectus
Are There Charges or
Adjustments for Early
Withdrawals?
Yes. The Contract currently does not include any charges for withdrawals or
surrenders from the Contract.
The Contract -
Deductions and
Expenses -
Surrender Charges
Are There Transaction
Charges?
No. Aside from the charges for early withdrawals described above and
potential premium taxes, there are no charges for Contract Owner
transactions.
The Contract -
Transactions
Are There Ongoing
Fees and Expenses?
Yes. The table below describes the fees and expenses that You may pay each
year, depending on the options You choose. Please refer to Your Contract data
page for information about the specific fees You will pay each year based on
the options You have elected.
The Contract -
Deductions and
Expenses -
Mortality and
Expense Risk Fee
(“M&E Fee”)
 
 
The Contract -
Deductions and
Expenses - Annual
Maintenance Fee
 
 
Additional
Information About
Fees - Annual
Portfolio Company
Expenses
Annual Fee
Minimum
Maximum
Base Contract
1.28% of the Account
Value
1.28% of the Account
Value
Investment Options
(Portfolio Company
Fees and Expenses)
0.04% as a percentage
of Portfolio Company
assets
1.34% as a percentage
of Portfolio Company
assets
Optional Benefits
Available for an
Additional Charge (For
a Single Optional
Benefit, if Elected)
No optional benefits are
available.
No optional benefits are
available.
Because Your Contract is customizable, the choices You make affect how much
You will pay. To help You understand the cost of owning Your Contract, the
following table shows the lowest and highest cost You could pay each year,
based on current charges. This estimate assumes that You do not take
withdrawals from the Contract, which could add surrender charges that
substantially increase costs.
LOWEST ANNUAL COST:
HIGHEST ANNUAL COST:
$1,341
$2,638
Assumes:
Assumes:
●Investment of $100,000
●5% annual appreciation
●Least expensive combination of
Portfolio Company fees and
expenses
●No optional benefits
●No sales charges
●No additional purchase payments,
transfers or withdrawals
●Investment of $100,000
●5% annual appreciation
●Most expensive combination of
Portfolio Company fees and
expenses and optional benefits
●No sales charges
●No additional purchase payments,
transfers or withdrawals
 
Risks
 
Is There a Risk of Loss
from Poor
Performance?
Yes. You can lose money by investing in this Contract, including loss of
principal.
Principal Risks of
Investing in the
Contract – Risk of
Loss
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Is this a Short-Term
Investment?
No. This Contract is not designed for short-term investing and is not
appropriate for an investor who needs ready access to cash.
The benefits of tax deferral also mean the Contract is more beneficial to
investors with a long-time horizon.
Location in
Statutory
ProspectusPrincipal
Risks of Investing
in the Contract –
Not a Short-term
Investment
What Are the Risks
Associated with the
Investment Options?
An investment in this Contract is subject to the risk of poor investment
performance and can vary depending on the performance of the Investment
Options available under the Contract (e.g., Portfolio Companies).
Each Investment Option (including any fixed account Investment Option)
will have its own unique risks.
You should review these Investment Options before making an investment
decision.
Principal Risks of
Investing in the
Contract – Risks
Associated with
Investment Options
What Are the Risks
Related to the
Insurance Company?
An investment in the Contract is subject to the risks related to Horace Mann
Life Insurance Company (HMLIC). Any obligations (including under any
fixed account Investment Options), guarantees, or benefits are subject to the
claims-paying ability of HMLIC. More information about HMLIC, including
its financial strength ratings, is available upon request from HMLIC, and may
be obtained by calling 1-800-999-1030 or visiting http://
www.horacemann.com/why-us/a-history-of-financial-strength.
Principal Risks of
Investing in the
Contract –
Insurance
Company Risks
 
Restrictions
 
Are There Restrictions
on the Investment
Options?
Yes. HMLIC reserves the right to remove or substitute Underlying Funds as
Investment Options that are available under the Contract.
At any time before the Contract’s Annuity Date, You may transfer amounts
from one Subaccount to another, and to and from the fixed account of the
Contract, subject to certain restrictions.
We reserve the right to restrict or terminate the transfer privilege for any
specific Contract Owner if, in Our judgment, the Contract Owner is using the
Contract for the purposes of market timing or for any other purpose that We,
in Our sole discretion determine to be potentially detrimental to other
shareholders of an Underlying Fund.
If HMLIC determines that You are engaging in a pattern of transfers that
reflects a market timing strategy or is potentially harmful to other Contract
Owners, it will notify You in writing of any restrictions.
Horace Mann Life
Insurance
Company - The
Fixed Account -
The Separate
Account and the
Portfolio
Companies - The
Portfolio
Companies -
Selection of
Portfolio
Companies
 
The Contract -
Transactions -
Transfers
 
The Contract -
Transactions -
Market Timing
Are There any
Restrictions on
Contract Benefits?
No optional benefits are available.
 
 
Taxes
 
What Are the
Contract’s Tax
Implications?
An investor should consult with a tax professional to determine the tax
implications of an investment in and purchase payments received under the
Contract. There is no additional tax benefit to the investor when the Contract
is purchased through a tax-qualified plan or individual retirement account
(IRA). Withdrawals will be subject to ordinary income tax and may be subject
to tax penalties.
Tax Consequences -
Taxation of
Qualified Contracts
6
 
Conflicts of Interest
Location in
Statutory
Prospectus
How Are Investment
Professional
Compensated?
Some investment professionals may receive compensation for selling a contract
to investors. This compensation is typically paid in the form of commissions,
but the sale of the Contract may also count toward the investment
professional’s qualification for receipt of cash and non-cash compensation
related to sales incentives or contests. These investment professionals may have
a financial incentive to offer or recommend the Contract over another
investment.
Other Information
- Distribution of
the Contract
Should I Exchange My
Contract?
Some investment professionals may have a financial incentive to offer an
investor a new contract in place of the one he or she already owns. That
investor should only exchange his or her existing Contract if he or she
determines, after comparing the features, fees, and risks of both contracts, that
it is preferable for him or her to purchase the new Contract rather than
continue to own the existing contract.
The Contract -
Transactions -
Conversions/Exchanges
Overview of the Contract
What is the purpose of this Contract, and what is it designed to do?
The purpose of the Contract is to help individuals who are seeking long-term, tax-deferred accumulation of funds. Purchasing the Contract as an investment vehicle for a Qualified Retirement Plan does not provide any additional tax advantage beyond that already available through the Qualified Retirement Plan. Therefore, the individual should have reasons other than tax deferral to purchase this product.
The Contract can be used to supplement Your retirement income by providing accumulated funds that can be used for retirement or by providing a stream of income payments during the payout phase. It also offers death benefits to protect Your designated beneficiaries. This Contract may be appropriate if You have a long investment time horizon. It is not intended for people who may need to make early or frequent withdrawals or intend to engage in frequent trading in the Investment Options.
To determine the Contract You own, look in the bottom left-hand corner of Your Contract for the form number. This prospectus applies to all HMLIC Contracts with a form number of ICC16-469 or IC-469 immediately followed by any combination of 3 letters and/or numbers.
How Do I Accumulate Assets in this Contract and Receive Income from the Contract?
Your Contract has two phases: 1) an accumulation (savings) phase; and 2) a payout (income) phase.
1) Accumulation (Savings) Phase
The accumulation phase is the period of time (often several years or even decades) during which You are making premium payments into Your Contract. To help You accumulate assets, You can invest Your premium payments in:
●
Portfolio Companies (mutual funds), a broad range of varying asset categories (such as lifecycle/target date, large company value, small company growth, and bond funds, among others). Each has its own investment strategies, investment advisers, expense ratios, and returns; and
●
a fixed account option, which offers a guaranteed interest rate during a selected period. The guaranteed rate is established at issue and will be re-determined every 5 years thereafter, but will never be less than the rate prescribed in the law of the state where the policy is delivered or issued for delivery. The fixed account is part of HMLIC’s general account.
A list of Portfolio Companies in which You can invest is provided in Appendix A: .Investment Options Available Under the Contract, located in the back of the prospectus along with the type of fund, adviser/subadviser, current expenses and performance information for each Portfolio Company.
2) Payout (Income) Phase
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You can elect to annuitize Your Contract and turn Your Account Value into a stream of income payments (sometimes called Annuity Payments), at which time the accumulation phase of the Contract ends. These payments may continue for a fixed period of years, for Your entire life, or for the longer of a fixed period or Your life. The Contract provides for fixed Annuity Payments only. We reserve the right to make available other Annuity Payment options.
Please note that if You annuitize, Your investments will be converted to income payments and You may no longer be able to choose to withdraw money at will from Your Contract. All death benefits terminate upon annuitization.
What are the Primary Features and Options that this Contract Offers?
Accessing Your money. Until You annuitize, subject to any restrictions imposed by the IRC or under the Qualified Retirement Plan, You can choose to withdraw Your Account Value at any time. Although if You withdraw early, You may have to pay income taxes, including a penalty tax if You are younger than age 59 ½.
Loans. Loans may be available in certain Qualified Contracts, except for IRA contracts issued under IRC Sections 408(b) and 408A, if allowed by the Qualified Retirement Plan. The terms of such loans are subject to the provisions of the plan and the IRC.
Tax treatment. You can transfer money between Investment Options without tax implications, and earnings (if any) on Your investments are generally tax-deferred. You are taxed only when: (1) You make a withdrawal; (2) You receive an income payment from the Contract; or (3) upon payment of a death benefit.
Systematic Withdrawals. Before commencement of an Annuity Period, You may select systematic withdrawals. You may choose monthly, quarterly, semi-annual or annual withdrawals, with the exception of Required Minimum Distributions which are paid annually. As with any withdrawal, systematic withdrawals will reduce the Account Value of the Contract.
Death benefits. Your Contract includes a basic death benefit that will pay Your designated beneficiaries the greater of: (1) the Account Value; or (2) the Net Premium paid, less an adjustment for any withdrawals and a reduction for any outstanding loan balance. An adjustment for any withdrawal is determined by dividing the withdrawal amount by the Account Value immediately prior to the withdrawal and multiplying the resulting fraction by the death benefit immediately prior to the withdrawal.
Portfolio rebalancing and dollar cost averaging. At no additional charge, You may select portfolio rebalancing, which automatically rebalances the Investment Options You select to maintain Your chosen mix of Investment Options. Alternately, at no additional charge, You may select dollar cost averaging, which automatically transfers a specific amount of money from the fixed account to the Investment Options You have selected, at set intervals over a specific period of time.
Benefits Available Under the Contract
The following table summarizes information about the benefits available under the Contract. 
Name of benefit
Purpose
Is Benefit Standard
or Optional
Maximum Fee
Brief Description of
Restrictions/
Limitations
Death Benefit
If You die before the
Annuity Date and
while the Contract is in
force, pays Your
designated
beneficiaries the
greater of: (1) the
Account Value; or (2)
the Net Premium paid,
less an adjustment for
any withdrawals and a
reduction for any
outstanding loan
balance.
Standard
None
None
Portfolio Rebalancing
Automatically
rebalances the
Investment Options
You select (either
Standard
None
Cannot use with the
dollar cost averaging
option.
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Name of benefit
Purpose
Is Benefit Standard
or Optional
Maximum Fee
Brief Description of
Restrictions/
Limitations
 
quarterly, semiannually
or annually) to
maintain Your chosen
mix of Investment
Options.
 
 
Only available during
the accumulation
phase.
Subject to portfolio
restrictions.
Dollar Cost Averaging
Automatically
transfers a specific
amount of money from
the Investment Options
You have selected, at
set intervals over a
specific period of time.
Standard
None
Cannot use with the
portfolio rebalancing
option.
Only available during
the accumulation
phase.
Subject to portfolio
restrictions.
Systematic
Withdrawals
Automatically
withdraws money
(either monthly,
quarterly, semi-
annually or annually)
from the Investment
Options You select.
The amount of the
withdrawals are
determined by the
systematic withdrawal
option You select.
Standard
None
Cannot use with the
dollar cost averaging
option.
Only available during
the accumulation
phase.
Subject to portfolio
restrictions.
Buying the Contract
How Do I Purchase the Personal Retirement Planner Qualified Variable Annuity Contract?
To purchase a Contract, You must complete an application bearing all requested signatures and a client profile form, in those instances when the purchase of this product was the result of a recommendation. For 457(b) and 401(a) Contracts the employer will purchase the Contract on behalf of the employee, but the employee will be required to complete an application and client profile form in those instances, when the purchase of this product was the result of a recommendation.
How Much Can I Contribute and How are My Contributions Invested?
Your premium payments will be invested in the Investment Options that You choose. 
 
Qualified Policies (Purchased using pre-tax dollars)
Minimum Initial Annual Premium
$300 annually
Minimum Subsequent Annual Premiums
$300 annually
Maximum Subsequent Premiums (per Contract Year after 1st
Contract Anniversary)
As permitted by IRS regulations
Maximum Total Premiums
$1,000,000 without Our prior approval
After Your initial premium payment, You are not required to make any additional premium payments under Your Contract.
When Will Any Premium Payments that I Make be Credited to My Account?
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Net Premium payments allocated to the Separate Account will be applied at the applicable Accumulation Unit Value determined on the Valuation Date following receipt in good form (sufficiently clear so that We do not need to exercise any discretion to follow such instructions). The minimum premium payment for the Contract is $25 per month or $300 per year. HMLIC limits the maximum cumulative premium to $1 million without Our prior approval. After the first Contract Year, We reserve the right to limit premium payments to a maximum of $30,000 each Contract Year.
If a registered representative recommended and completed the application and associated forms, the appropriate broker-dealer has approved the suitability and best interest of the sale, Your application is complete and Your initial premium payment has been received at Our Home Office, We will issue Your Contract within two business days of its receipt, and credit Your initial Net Premium to Your Contract.
If an incomplete application is received, HMLIC will promptly request additional information needed to process the application. Any initial premium payment received by HMLIC will be held in a suspense account, without interest, for a period not exceeding five business days unless otherwise directed by the applicant. If the necessary information is not received within these five business days HMLIC will return any initial premium payment received by HMLIC, unless otherwise directed by the applicant.
Allocation of Net Premiums—When You complete Your application, You will give Us instructions on how to allocate Your Net Premium payments among the fixed account and/or the available Subaccounts. The amount You direct to a particular Subaccount or to the fixed account must be in whole number percentages from 5% to 100% of the Net Premium payment. If You make additional premium payments, We will allocate the Net Premiums in the same manner as Your initial Net Premium payment. A request to change the allocation of premium payments will be effective on the Valuation Date of receipt of the request in good form.
Premium payments allocated to the Separate Account are credited on the basis of Accumulation Unit Value. The number of Accumulation Units purchased by Your premium payments is determined by dividing the dollar amount credited to each Subaccount by the applicable Accumulation Unit Value next determined following receipt of the payment at Our Home Office. The value of an Accumulation Unit is affected by the investment experience of the Portfolio Company, expenses and the deduction of certain charges under the Contract.
Accumulation Units are valued on each Valuation Date. If We receive Your premium payment before 3:00 p.m. Central Time (or before the close of the NYSE, if earlier), We will process the order using the applicable Subaccount Accumulation Unit Value determined at the close of that Valuation Date. If We receive Your premium payment at or after 3:00 p.m. Central Time (or at or after the close of the NYSE if earlier), We will process the order using the applicable Subaccount Accumulation Unit Value determined at the close of the next Valuation Date.
Making Withdrawals: Accessing the Money in Your Contract
Can I Access the Money in My Account During the Asset Accumulations (Savings) Phase?
Yes. However, withdrawal of Account Value from Qualified Contracts (other than traditional IRAs and Roth IRAs) are subject to any restrictions imposed by the IRC or under the Qualified Retirement Plan. If not restricted by the IRC or Qualified Retirement Plan under which the Contract is issued, You may surrender the Contract or withdraw part of Your Account Value for cash before Annuity Payments begin.
What is the Process to Request a Withdrawal of Money from My Contract?
You may request a surrender or a partial withdrawal by submitting a signed, HMLIC form to HMLIC at Our Home Office at P.O. Box 4657, Springfield, Illinois 62708-4657. The kind of HMLIC form to be used will depend on whether any proceeds from the withdrawal/surrender are to be sent to any party other than the Contract Owner. A Contract Owner may request a HMLIC withdrawal/surrender form by writing to P.O. Box 4657, Springfield, Illinois 62708-4657or by calling 800-999-1030 or may download the form on Our secure website at horacemann.com.
For each withdrawal, You may specify the account(s) from which the withdrawal will be deducted. Unless You specify otherwise, withdrawals will be deducted from the fixed account and the Subaccount(s), each in proportion to their share of the sum of the Account Value in these accounts. The Account Value will be reduced by the amount We distribute, per Your request, any applicable surrender charges and/or any applicable taxes. Withdrawals from the Contract will reduce the Account Value, the amount available to purchase Annuity Payments under the Contract, and the death benefit. Any partial withdrawal is subject to a $100 minimum and may not reduce the Contract Owner’s Account Value to less than $100.
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The surrender or partial withdrawal of Variable Account Value (including a rollover, exchange, etc.) is determined on the basis of the Accumulation Unit Value. Withdrawals and surrenders will be processed either on a Valuation Date specified by You in a request, provided the Valuation Date specified occurs on or after receipt of the request in good form at Our Home Office, or on the Valuation Date following the receipt of such request in good form at Our Home Office. HMLIC ordinarily completes a transaction within seven calendar days after receipt of a request in good form for a partial withdrawal or surrender.
Can I Access the Money in My Account During the Annuity (Income) Phase?
You will receive payments under the Annuity Payment option You select. However, You generally may not take any other withdrawals.
Additional Information About Fees
The following tables describe the fees and expenses that You will pay when buying, owning, and surrendering or making withdrawals from the Contract. Please refer to Your Contract data page for information about the specific fees You will pay each year based on the options You have elected.
The first table describes the fees and expenses that You will pay at the time that You buy the Contract, surrender or make withdrawals from the Contract, or transfer Account Value between Investment Options. State premium taxes may also be deducted.
Transaction Expenses 
Sales Load Imposed on Purchases (as a percentage of purchase payments)
None
Deferred Sales Load (or Surrender Charge) (as a percentage of amount surrendered)
None
Transfer Fee
None
The next table describes the fees and expenses that You will pay each year during the time that You own the Contract (not including Portfolio Company fees and expenses).
Annual Contract Expenses 
Administrative Expenses (1)
$35 (2)
Base Contract Expenses (as a percentage of average Variable Account Value or Contract Account Value))
1.25%
Optional Benefit Expenses (as a percentage of benefit base or other (e.g., average Account Value))
N/A
Loan Interest
8%
(1)
We sometimes use multiple Contract numbers, with the same first nine digits in the numbers, to segregate multiple sources of funds for a Contract Owner, such as employee versus employer. In these situations, We will deduct only one annual maintenance fee per year for those multiple Contract numbers. We reserve the right to change the annual maintenance fee for Contracts issued in the future.
(2)
For Contracts issued on and After May 1, 2019.
The next item shows the minimum and maximum total operating expenses charged by the Portfolio Companies that You may pay periodically during the time that You own the Contract. Expenses shown may change over time and may be higher or lower in the future. These amounts also include applicable platform charges if you choose to invest in certain Portfolio Companies. A complete list of Portfolio Companies available under the Contract, including their annual expenses, may be found at the back of this document. 
Annual Portfolio Company Expenses
Minimum
Maximum
(expenses that are deducted from Portfolio Company assets, including management fees,
distribution and/or service (12b-1) fees, and other expenses)
0.04%
1.34%
11
Example
This Example is intended to help You compare the cost of investing in the variable options with the cost of investing in other annuity contracts that offer variable options. These costs include transaction expenses, annual Contract expenses, and Annual Portfolio Company Expenses.
The Example assumes all Contract value is allocated to variable options. Your costs could differ from those shown below if you invest in fixed options.
The Example assumes that You invest $100,000 in the Contract for the time periods indicated. The Example also assumes that Your investment has a 5% return each year and assumes the most expensive combination of Annual Portfolio Company Expenses and optional benefits available for an additional charge. Although Your actual costs may be higher or lower, based on these assumptions, Your costs would be:
$35 Administrative Expense  
If You surrender Your Contract at the end of the applicable time
period:
1 year
3 years
5 years
10 years
$2,638
$8,095
$13,803
$29,248
$25 Administrative Expense 
If You surrender Your Contract at the end of the applicable time
period:
1 year
3 years
5 years
10 years
$2,628
$8,066
$13,756
$29,161
12
Appendix A: Investment Options Available Under the Contract
The following is a list of Portfolio Companies available under the Contract. More information about the Portfolio Companies is available in the prospectuses for the Portfolio Companies, which may be amended from time to time and can be found online at dfinview.com/HoraceMann/TAHD/PRPQ. You can also request this information at no cost by calling 1-800-999-1030 or by sending an email request to contactcenterannuity@horacemann.com.
The current expenses and performance information below reflects fees and expenses of the Portfolio Companies, but do not reflect the other fees and expenses that Your Contract may charge. Expenses would be higher and performance would be lower if these charges were included. Each Portfolio Company’s past performance is not necessarily an indication of future performance. 
Type/Investment
Objective
Portfolio Company and
Adviser/Subadviser
Current
Expenses
Average Annual Total Returns
(as of 12/31/25)
1-year
5-year
10-year
Lifecycle/Target Date
Funds
Vanguard® Retirement
Income Fund / The
Vanguard Group, Inc.
0.08%
11.31%
3.82%
5.33%
Lifecycle/Target Date
Funds
Vanguard® Target
Retirement 2020 Fund / The
Vanguard Group, Inc.
0.08%
12.15%
4.77%
6.87%
Lifecycle/Target Date
Funds
Vanguard® Target
Retirement 2025 Fund / The
Vanguard Group, Inc.
0.08%
14.60%
5.90%
8.78%
Lifecycle/Target Date
Funds
Vanguard® Target
Retirement 2030 Fund / The
Vanguard Group, Inc.
0.08%
16.24%
6.83%
8.66%
Lifecycle/Target Date
Funds
Vanguard® Target
Retirement 2035 Fund / The
Vanguard Group, Inc.
0.08%
17.54%
7.71%
9.40%
Lifecycle/Target Date
Funds
Vanguard® Target
Retirement 2040 Fund / The
Vanguard Group, Inc.
0.08%
18.76%
8.57%
10.13%
Lifecycle/Target Date
Funds
Vanguard® Target
Retirement 2045 Fund / The
Vanguard Group, Inc.
0.08%
19.99%
9.41%
10.74%
Lifecycle/Target Date
Funds
Vanguard® Target
Retirement 2050 Fund / The
Vanguard Group, Inc.
0.08%
21.41%
9.95%
11.02%
Lifecycle/Target Date
Funds
Vanguard® Target
Retirement 2055 Fund / The
Vanguard Group, Inc
0.08%
21.43%
9.96%
11.02%
Lifecycle/Target Date
Funds
Vanguard® Target
Retirement 2060 Fund / The
Vanguard Group, Inc.
0.08%
21.42%
9.96%
11.02%
Large Value
T Rowe Price Equity
Income Fund — Investor
Class / T Rowe Price
Associates, Inc.
0.69%
14.58%
11.31%
10.66%
Large Blend
Vanguard® 500 Index
Admiral Shares / The
Vanguard Group, Inc.
0.04%
17.83%
14.38%
14.78%
Large Growth
American Funds IS Growth
Fund Class 4 / Capital
Research and Management
Company
0.83%
19.93%
13.09%
17.67%
Large Growth
T Rowe Price Growth Stock
Fund — Investor Class / T
Rowe Price Associates, Inc.
0.66%
15.65%
9.36%
14.16%
13
Type/Investment
Objective
Portfolio Company and
Adviser/Subadviser
Current
Expenses
Average Annual Total Returns
(as of 12/31/25)
1-year
5-year
10-year
Mid Value
Vanguard® Selected Value /
The Vanguard Group, Inc.
0.34%
10.98%
12.01%
10.43%
Mid Blend
Vanguard® Extended
Market Index Admiral
Shares / The Vanguard
Group, Inc.
0.05%
11.42%
6.19%
11.01%
Mid Growth
Janus Henderson Enterprise
Portfolio Instl / Janus
Capital Management LLC.
0.72%
7.67%
7.62%
12.79%
Small Value
T Rowe Price Small-Cap
Value Fund — Investor
Class / T Rowe Price
Associates, Inc.
0.79%
8.22%
6.62%
9.70%
Small Blend
Vanguard® Small Cap Index
Admiral Shares / The
Vanguard Group, Inc.
0.05%
8.83%
7.34%
10.43%
Small Growth
Neuberger Genesis Fund
Advisor Class / Neuberger
Berman Investment
Advisers, LLC
1.34%
-5.00%
2.41%
8.60%
International Stock -
Developed Markets
American Funds IS
International Growth and
Income 1 / Capital Research
and Management
CompanySM
0.56%
35.83%
7.97%
8.08%
International Stock -
Developed Markets
T Rowe Price Overseas
Stock Fund — Investor
Class / T Rowe Price
Associates, Inc.
0.78%
31.80%
8.41%
8.36%
International Stock -
Developed Markets
Vanguard® Developed
Markets Index — Admiral
Shares / The Vanguard
Group, Inc.
0.05%
35.17%
9.11%
8.71%
International Stock -
Emerging Markets
T Rowe Price Emerging
Markets Stock
Fund — Investor Class / T
Rowe Price Associates, Inc.
1.23%
32.46%
-1.83%
6.16%
International Stock -
Emerging Markets
Vanguard® Emerging
Markets Stock Index
Admiral Share / The
Vanguard Group, Inc.
0.13%
24.75%
4.62%
8.10%
Real Estate
T Rowe Price Global Real
Estate — Investor Class* /
T Rowe Price Associates,
Inc.
0.95%
5.62%
2.50%
3.23%
Real Estate
Vanguard® Real Estate
Index Fund Admiral Shares
/ The Vanguard Group, Inc.
0.13%
3.19%
4.64%
5.14%
Technology
Janus Henderson Global
Technology and Innovation
Fund Class I / Janus Capital
Management LLC.
0.73%
25.15%
13.71%
21.48%
14
Type/Investment
Objective
Portfolio Company and
Adviser/Subadviser
Current
Expenses
Average Annual Total Returns
(as of 12/31/25)
1-year
5-year
10-year
Intermediate-Term
Bond
American Funds IS US
Government Securities 1* /
Capital Research and
Management CompanySM
0.25%
8.01%
0.01%
1.95%
Intermediate-Term
Bond
Fidelity VIP Investment
Grade Bond Initial Class /
Fidelity Management &
Research Company LLC
0.37%
7.22%
0.06%
2.71%
Intermediate-Term
Bond
Vanguard® Total Bond
Market Index Admiral
Shares / The Vanguard
Group, Inc.
0.04%
7.15%
-0.42%
1.99%
Global Bond
Vanguard® VIF Global
Bond Index / The Vanguard
Group, Inc.
0.13%
5.69%
-0.41%
 
Multi-Sector Bond
T Rowe Price Spectrum
Income Fund — Investor
Class* / T Rowe Price
Associates, Inc.
0.61%
7.83%
2.11%
4.00%
High Yield Bond
Vanguard® High-Yield
Corporate Fund Admiral
Shares / The Vanguard
Group, Inc.
0.12%
9.46%
4.21%
5.69%
Short-Term Bond
Vanguard® VIF Short-Term
Investment Grade Bond /
The Vanguard Group, Inc.
0.14%
6.85%
2.23%
2.81%
Balanced
Calvert VP SRI Balanced I /
Calvert Research and
Management.
0.65%
11.48%
8.68%
9.81%
Money Market
Vanguard® Federal Money
Market Fund / The
Vanguard Group, Inc.
0.11%
4.22%
3.20%
2.14%
 
*
These expenses reflect temporary fee reductions. The details about these waivers can be found in the Portfolio Company prospectus at dfinview.com/HoraceMann/TAHD/PRPQ
15
 
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This Summary Prospectus incorporates by reference the Horace Mann Personal Retirement Planner Individual Qualified Flexible Premium Deferred Variable Annuity Contract prospectus and Statement of Additional Information (SAI), both dated May 1, 2026, as amended or supplemented. The SAI may be obtained, free of charge, in the same manner as the prospectus or You can find the Statement of Additional Information online.
EDGAR Filing Number C000182313

Summary Prospectus for New Investors
for Horace Mann Personal Retirement Planner Individual Non-Qualified Flexible Premium Deferred Variable Annuity Contract
Issued by
Horace Mann Life Insurance Company
May 1, 2026
This Summary Prospectus summarizes key features of the Contract (“Horace Mann Personal Retirement Planner Individual Non-Qualified Flexible Premium Deferred Variable Annuity Contract”). Before you invest, You should also review the prospectus for the Horace Mann Personal Retirement Planner Individual Non-Qualified Flexible Premium Deferred Variable Annuity Contract, which contains more information about the Contract, including its features, benefits, and risks. You can find the prospectus and other information about the Contract online at dfinview.com/HoraceMann/TAHD/PRPNQ. You can also obtain this information at no cost by calling 1-800-999-1030 or by sending an email request to contactcenterannuity@horacemann.com.
You may cancel Your Contract within 30 days of receiving it without paying fees or penalties. In some states, this cancellation period may be longer. Upon cancellation, You will receive any Variable Account Value plus, any fees or charges deducted from the portion of the premium payment(s) allocated to the Variable Account, plus any premium payments allocated to the fixed account. This amount will be reduced by any withdrawals, excluding surrender charges, if applicable, and any outstanding loan balance. If You live in California, return Your Contract within 30 days, and do not direct Your premium to be invested in a stock or bond portfolio, You will be entitled to a refund of the premium and any policy fee paid. If You direct that the premium be invested in a stock or bond portfolio, You will be entitled to a refund of the policy's Account Value on the day the policy is received by the insurance company or agent who sold You this policy, which could be less than the premium You paid for the policy, plus any policy fee paid. We will pay the refund within 10 calendar days after We receive the Contract. Upon return of the Contract, it will be deemed void. You should review the prospectus, or consult with Your investment professional, for additional information about the specific cancellation terms that apply.
Additional information about certain investment products, including variable annuities, has been prepared by the Securities and Exchange Commission’s staff and is available at Investor.gov.
The Securities and Exchange Commission has not approved or disapproved this contract or passed upon the adequacy of this summary prospectus. Any representation to the contrary is a criminal offense.
To receive prospectuses and other annuity-related documents electronically, sign-up for eDelivery. Visit https://customer.horacemann.com/MyAccount/Login/Login to register or log in to Your account. Your eDelivery preferences can be found on the eCommunications tab in My Profile.
This prospectus and the Underlying Fund prospectuses are also available online at dfinview.com/HoraceMann/TAHD/PRPNQ.
We appreciate Your cooperation as we work to reduce the volume of paper we distribute. While we’re committed to providing you with the information you need in the format you prefer, we are always looking for ways to reduce paper use.
1
Contents 
Contents
2
3
4
6
7
8
9
9
12
2
Definitions
Account Value: The sum of the Fixed Account Value and the Variable Account Value.
Accumulation Unit: A unit of measurement used to determine the value of a Contract Owner’s interest in a Subaccount before Annuity Payments begin.
Accumulation Unit Value: The value of an Accumulation Unit on any Valuation Date.
Annuity Date: The date Annuity Payments begin. The criteria for setting an Annuity Date are set forth in Your Contract, and the anticipated Annuity Date is shown on the Annuity Data pages of Your Contract.
Annuity Payments: A series of payments beginning on the Annuity Date.
Annuity Period: The period during which Annuity Payments are made.
Contract: The individual flexible premium deferred variable annuity contract this prospectus offers.
Contract Anniversary: The same day and month as the Issue Date of Your Contract for each succeeding year of Your Contract.
Contract Owner (You, Your): The individual or entity to whom the Contract is issued.
Contract Year: A period of twelve months beginning on the date a Contract is issued and each anniversary of that date.
HMLIC, We, Us, Our: Horace Mann Life Insurance Company.
Home Office: The mailing address and telephone number of Our Home Office are: P.O. Box 4657, Springfield, Illinois 62708-4657; (800) 999-1030. Our street address is 1 Horace Mann Plaza, Springfield, Illinois 62715-0001.
Investment Options: The fixed account and the Underlying Funds in which the Subaccounts invest.
Net Premium: Each premium payment paid to HMLIC under the Contract, less any applicable premium taxes.
Separate Account: The Horace Mann Life Insurance Company Separate Account, a segregated variable investment account consisting of Subaccounts each of which invests in a corresponding Underlying Fund. The Separate Account was established by HMLIC under Illinois law and is registered as a Unit Investment Trust under the Investment Company Act of 1940, as amended (the “Act”).
Subaccount: A division of the Separate Account that invests in shares of a corresponding Underlying Fund.
Underlying Funds, Portfolio Companies: All open-end management investment companies registered under the Act that are listed in this document and are available for investment by the Separate Account. The terms Underlying Funds and Portfolio Companies are used interchangeably in this prospectus.
Unit Investment Trust (or “UIT”): A type of investment company, regulated and separately registered and regulated by the SEC under the Investment Company Act of 1940. The Separate Account is registered as a UIT. The UIT referenced in this prospectus is open-ended, meaning there can be continuous purchases of shares of the Underlying Funds. Variable Annuity Payments are deposited in the UIT and allocated to the Subaccounts each of which invests in a specified Underlying Fund, which is separately registered under the Investment Company Act of 1940.
Valuation Date: Any day on which the NYSE is open for trading and on which the net asset value of each share of the Underlying Funds is determined. The Valuation Date ends at 3:00 p.m. Central Time, or the close of the NYSE, if earlier. We deem receipt of any Net Premium or request to occur on a particular Valuation Date if We receive the Net Premium or transaction request (in either case, with all required information and documentation) at Our Home Office before 3:00 p.m. Central Time, or the close of the NYSE if earlier, on that day. If received at or after 3:00 p.m. Central Time, or the close of the NYSE if earlier, We deem receipt to occur on the following Valuation Date.
Variable Account Value: The dollar value of the Subaccount(s) under the Contract before Annuity Payments begin. This dollar value will vary based on the investment performance of the corresponding Underlying Fund(s).
3
Important Information You Should Consider About the Contract 
 
Fees, Expenses, and Adjustments
Location in
Statutory
Prospectus
Are There Charges or
Adjustments for Early
Withdrawals?
No. The Contract currently does not include any charges for withdrawals or
surrenders from the Contract.
The Contract -
Deductions and
Expenses -
Surrender Charges
Are There Transaction
Charges?
No. Aside from the charges for early withdrawals described above and
potential premium taxes, there are no charges for Contract Owner
transactions.
The Contract -
Transactions
Are There Ongoing
Fees and Expenses?
Yes. The table below describes the fees and expenses that You may pay each
year, depending on the options You choose. Please refer to Your Contract data
page for information about the specific fees You will pay each year based on
the options You have elected.
The Contract -
Deductions and
Expenses -
Mortality and
Expense Risk Fee
(“M&E Fee”)
 
 
The Contract -
Deductions and
Expenses - Annual
Maintenance Fee
 
 
Additional
Information About
Fees - Annual
Portfolio Company
Expenses
Annual Fee
Minimum
Maximum
Base Contract
1.28% of the Account
Value
1.28% of the Account
Value
Investment Options
(Portfolio Company
Fees and Expenses)
0.13% as a percentage
of Portfolio Company
assets
0.92% as a percentage
of Portfolio Company
assets
Optional Benefits
Available for an
Additional Charge (For
a Single Optional
Benefit, if Elected)
No optional benefits are
available.
No optional benefits are
available.
Because Your Contract is customizable, the choices You make affect how much
You will pay. To help You understand the cost of owning Your Contract, the
following table shows the lowest and highest cost You could pay each year,
based on current charges. This estimate assumes that You do not take
withdrawals from the Contract, which could add surrender charges that
substantially increase costs.
LOWEST ANNUAL COST:
HIGHEST ANNUAL COST:
$1,431
$2,223
Assumes:
Assumes:
●Investment of $100,000
●5% annual appreciation
●Least expensive combination of
Portfolio Company fees and
expenses
●No optional benefits
●No sales charges
●No additional purchase payments,
transfers or withdrawals
●Investment of $100,000
●5% annual appreciation
●Most expensive combination of
Portfolio Company fees and
expenses and optional benefits
●No sales charges
●No additional purchase payments,
transfers or withdrawals
 
Risks
 
Is There a Risk of Loss
from Poor
Performance?
Yes. You can lose money by investing in this Contract, including loss of
principal.
Principal Risks of
Investing in the
Contract – Risk of
Loss
4
Is this a Short-Term
Investment?
No. This Contract is not designed for short-term investing and is not
appropriate for an investor who needs ready access to cash.
The benefits of tax deferral also mean the Contract is more beneficial to
investors with a long-time horizon.
Location in
Statutory
ProspectusPrincipal
Risks of Investing
in the Contract –
Not a Short-term
Investment
What Are the Risks
Associated with the
Investment Options?
An investment in this Contract is subject to the risk of poor investment
performance and can vary depending on the performance of the Investment
Options available under the Contract (e.g., Portfolio Companies).
Each Investment Option (including any fixed account Investment Option)
will have its own unique risks.
You should review these Investment Options before making an investment
decision.
Principal Risks of
Investing in the
Contract – Risks
Associated with
Investment Options
What Are the Risks
Related to the
Insurance Company?
An investment in the Contract is subject to the risks related to Horace Mann
Life Insurance Company (HMLIC). Any obligations (including under any
fixed account Investment Options), guarantees, or benefits are subject to the
claims-paying ability of HMLIC. More information about HMLIC, including
its financial strength ratings, is available upon request from HMLIC, and may
be obtained by calling 1-800-999-1030 or visiting http://
www.horacemann.com/why-us/a-history-of-financial-strength.
Principal Risks of
Investing in the
Contract –
Insurance
Company Risks
 
Restrictions
 
Are There Restrictions
on the Investment
Options?
Yes. HMLIC reserves the right to remove or substitute Underlying Funds as
Investment Options that are available under the Contract.
At any time before the Contract’s Annuity Date, You may transfer amounts
from one Subaccount to another, and to and from the fixed account of the
Contract, subject to certain restrictions.
We reserve the right to restrict or terminate the transfer privilege for any
specific Contract Owner if, in Our judgment, the Contract Owner is using the
Contract for the purposes of market timing or for any other purpose that We,
in Our sole discretion determine to be potentially detrimental to other
shareholders of a Portfolio Company.
If HMLIC determines that You are engaging in a pattern of transfers that
reflects a market timing strategy or is potentially harmful to other Contract
Owners, it will notify You in writing of any restrictions.
Horace Mann Life
Insurance
Company - The
Fixed Account -
The Separate
Account and the
Portfolio
Companies - The
Portfolio
Companies -
Selection of
Portfolio
Companies
 
The Contract -
Transactions -
Transfers
 
The Contract -
Transactions -
Market Timing
Are There any
Restrictions on
Contract Benefits?
No optional benefits are available.
 
 
Taxes
 
What Are the
Contract’s Tax
Implications?
An investor should consult with a tax professional to determine the tax
implications of an investment in and purchase payments received under the
Contract. Generally, all or a portion of any distribution from a Non-Qualified
Contract will be taxable as ordinary income and may be subject to an early
distribution penalty tax.
Tax Consequences -
Taxation of Non-
Qualified Contracts
5
 
Conflicts of Interest
Location in
Statutory
Prospectus
How Are Investment
Professionals
Compensated?
Some investment professionals may receive compensation for selling a contract
to investors. This compensation is typically paid in the form of commissions,
but the sale of the Contract may also count toward the investment
professional’s qualification for receipt of cash and non-cash compensation
related to sales incentives or contests. These investment professionals may have
a financial incentive to offer or recommend the Contract over another
investment.
Other Information
- Distribution of
the Contract
Should I Exchange My
Contract?
Some investment professionals may have a financial incentive to offer an
investor a new contract in place of the one he or she already owns. That
investor should only exchange his or her existing Contract if he or she
determines, after comparing the features, fees, and risks of both contracts, that
it is preferable for him or her to purchase the new Contract rather than
continue to own the existing contract.
The Contract -
Transactions -
Conversions/Exchanges
Overview of the Contract
What is the purpose of this Contract, and what is it designed to do?
The purpose of the Contract is to help individuals who are seeking long-term, tax-deferred accumulation of funds.
The Contract can be used to supplement Your retirement income by providing accumulated funds that can be used for retirement or by providing a stream of income payments during the payout phase. It also offers death benefits to protect Your designated beneficiaries. This Contract may be appropriate if You have a long investment time horizon. It is not intended for people who may need to make early or frequent withdrawals or intend to engage in frequent trading in the Investment Options.
To determine the Contract You own, look in the bottom left-hand corner of Your Contract for the form number. This prospectus applies to all HMLIC Contracts with a form number of ICC16-469 or IC-469 immediately followed by any combination of 3 letters and/or numbers.
How Do I Accumulate Assets in this Contract and Receive Income from the Contract?
Your Contract has two phases: 1) an accumulation (savings) phase; and 2) a payout (income) phase.
1) Accumulation (Savings) Phase
The accumulation phase is the period of time (often several years or even decades) during which You are making premium payments into Your Contract. To help You accumulate assets, You can invest Your premium payments in:
●
Portfolio Companies (mutual funds), a broad range of varying asset categories (such as lifecycle/target date, large company value, small company growth, and bond funds, among others). Each has its own investment strategies, investment advisers, expense ratios, and returns; and
●
a fixed account option, which offers a guaranteed interest rate during a selected period. The guaranteed rate is established at issue and will be re-determined every 5 years thereafter, but will never be less than the rate prescribed in the law of the state where the policy is delivered or issued for delivery. The fixed account is part of HMLIC’s general account.
A list of Portfolio Companies in which You can invest is provided in Appendix A: .Investment Options Available Under the Contract, located in the back of the prospectus along with the type of fund, adviser/subadviser, current expenses and performance information for each Portfolio Company.
2) Payout (Income) Phase
You can elect to annuitize Your Contract and turn Your Account Value into a stream of income payments (sometimes called Annuity Payments), at which time the accumulation phase of the Contract ends. These payments may continue for a fixed period of years, for Your entire life, or for the longer of a fixed period or Your life. The Contract provides for fixed Annuity Payments only. We reserve the right to make available other Annuity Payment options.
Please note that if You annuitize, Your investments will be converted to income payments and You may no longer be able to choose to withdraw money at will from Your Contract. All death benefits terminate upon annuitization.
6
What are the Primary Features and Options that this Contract Offers?
Accessing Your money. Until You annuitize, subject to any restrictions imposed by the IRC, You can choose to withdraw Your Account Value at any time. Although if You withdraw early, You may have to pay income taxes, including a penalty tax if You are younger than age 59 ½.
Tax treatment. You can transfer money between Investment Options without tax implications, and earnings (if any) on Your investments are generally tax-deferred. You are taxed only when: (1) You make a withdrawal; (2) You receive an income payment from the Contract; or (3) upon payment of a death benefit.
Systematic Withdrawals. Before commencement of an Annuity Period, You may select systematic withdrawals. You may choose monthly, quarterly, semi-annual or annual withdrawals. As with any withdrawal, systematic withdrawals will reduce the Account Value of the Contract.
Death benefits. Your Contract includes a basic death benefit that will pay Your designated beneficiaries the greater of: (1) the Account Value; or (2) the Net Premium paid, less an adjustment for any withdrawals and a reduction for any outstanding loan balance. An adjustment for any withdrawal is determined by dividing the withdrawal amount by the Account Value immediately prior to the withdrawal and multiplying the resulting fraction by the death benefit immediately prior to the withdrawal.
Portfolio rebalancing and dollar cost averaging. At no additional charge, You may select portfolio rebalancing, which automatically rebalances the Investment Options You select to maintain Your chosen mix of Investment Options. Alternately, at no additional charge, You may select dollar cost averaging, which automatically transfers a specific amount of money from the fixed account to the Investment Options You have selected, at set intervals over a specific period of time.
Benefits Available Under the Contract
The following table summarizes information about the benefits available under the Contract. 
Name of benefit
Purpose
Is Benefit Standard
or Optional
Maximum Fee
Brief Description of
Restrictions/
Limitations
Death Benefit
If You die before the
Annuity Date and
while the Contract is in
force, pays Your
designated
beneficiaries the
greater of: (1) the
Account Value; or (2)
the Net Premium paid,
less an adjustment for
any withdrawals and a
reduction for any
outstanding loan
balance.
Standard
None
None
Portfolio Rebalancing
Automatically
rebalances the
Investment Options
You select (either
quarterly, semiannually
or annually) to
maintain Your chosen
mix of Investment
Options.
Standard
None
Cannot use with the
dollar cost averaging
option.
Only available during
the accumulation
phase.
Subject to portfolio
restrictions.
Dollar Cost Averaging
Automatically
transfers a specific
amount of money from
the Investment Options
Standard
None
Cannot use with the
portfolio rebalancing
option.
7
Name of benefit
Purpose
Is Benefit Standard
or Optional
Maximum Fee
Brief Description of
Restrictions/
Limitations
 
You have selected, at
set intervals over a
specific period of time.
 
 
Only available during
the accumulation
phase.
Subject to portfolio
restrictions.
Systematic
Withdrawals
Automatically
withdraws money
(either monthly,
quarterly, semi-
annually or annually)
from the Investment
Options You select.
The amount of the
withdrawals are
determined by the
systematic withdrawal
option You select.
Standard
None
Cannot use with the
dollar cost averaging
option.
Only available during
the accumulation
phase.
Subject to portfolio
restrictions.
Buying the Contract
How Do I Purchase the Personal Retirement Planner Non-Qualified Variable Annuity Contract?
To purchase a Contract, You must complete an application bearing all requested signatures and a client profile form, in those instances when the purchase of this product was the result of a recommendation.
How Much Can I Contribute and How are My Contributions Invested?
Your premium payments will be invested in the Investment Options that You choose. 
 
Non-Qualified Policies (Purchased using after-tax dollars)
Minimum Initial Annual Premium
$300 annually
Minimum Subsequent Annual Premiums
$300 annually
Maximum Subsequent Premiums (per Contract Year after 1st
Contract Anniversary)
As permitted by IRS regulations
Maximum Total Premiums
$1,000,000 without Our prior approval
* For Non-Qualified Contracts, We reserve the right to reject any premium payments for any reason. We may also permit You to invest more than the maximum amounts listed above if You obtain Our prior approval.
After Your initial premium payment, You are not required to make any additional premium payments under Your Contract.
When Will Any Premium Payments that I Make be Credited to My Account?
Net Premium payments allocated to the Separate Account will be applied at the applicable Accumulation Unit Value determined on the Valuation Date following receipt in good form (sufficiently clear so that We do not need to exercise any discretion to follow such instructions). The minimum premium payment for the Contract is $25 per month or $300 per year. HMLIC limits the maximum cumulative premium to $1 million without Our prior approval. After the first Contract Year, We reserve the right to limit premium payments to a maximum of $30,000 each Contract Year.
If a registered representative recommended and completed the application and associated forms, the appropriate broker-dealer has approved the suitability and best interest of the sale, Your application is complete and Your initial premium payment has been received at Our Home Office, We will issue Your Contract within two business days of its receipt, and credit Your initial Net Premium to Your Contract.
8
If an incomplete application is received, HMLIC will promptly request additional information needed to process the application. Any initial premium payment received by HMLIC will be held in a suspense account, without interest, for a period not exceeding five business days unless otherwise directed by the applicant. If the necessary information is not received within these five business days HMLIC will return any initial premium payment received by HMLIC, unless otherwise directed by the applicant.
Allocation of Net Premiums—When You complete Your application, You will give Us instructions on how to allocate Your Net Premium payments among the fixed account and/or the available Subaccounts. The amount You direct to a particular Subaccount or to the fixed account must be in whole number percentages from 5% to 100% of the Net Premium payment. If You make additional premium payments, We will allocate the Net Premiums in the same manner as Your initial Net Premium payment. A request to change the allocation of premium payments will be effective on the Valuation Date of receipt of the request in good form.
Premium payments allocated to the Separate Account are credited on the basis of Accumulation Unit Value. The number of Accumulation Units purchased by Your premium payments is determined by dividing the dollar amount credited to each Subaccount by the applicable Accumulation Unit Value next determined following receipt of the payment at Our Home Office. The value of an Accumulation Unit is affected by the investment experience of the Portfolio Company, expenses and the deduction of certain charges under the Contract.
Accumulation Units are valued on each Valuation Date. If We receive Your premium payment before 3:00 p.m. Central Time (or before the close of the NYSE, if earlier), We will process the order using the applicable Subaccount Accumulation Unit Value determined at the close of that Valuation Date. If We receive Your premium payment at or after 3:00 p.m. Central Time (or at or after the close of the NYSE if earlier), We will process the order using the applicable Subaccount Accumulation Unit Value determined at the close of the next Valuation Date.
Making Withdrawals: Accessing the Money in Your Contract
Can I Access the Money in My Account During the Asset Accumulations (Savings) Phase?
Yes. However, withdrawal of Account Value is subject to any restrictions imposed by the IRC. If not restricted by the IRC, You may surrender the Contract or withdraw part of Your Account Value for cash before Annuity Payments begin.
What is the Process to Request a Withdrawal of Money from My Contract?
You may request a surrender or a partial withdrawal by submitting a signed, HMLIC form to HMLIC at Our Home Office at P.O. Box 4657, Springfield, Illinois 62708-4657. The kind of HMLIC form to be used will depend on whether any proceeds from the withdrawal/surrender are to be sent to any party other than the Contract Owner. A Contract Owner may request a HMLIC withdrawal/surrender form by writing to P.O. Box 4657, Springfield, Illinois 62708-4657or by calling 800-999-1030 or may download the form on Our secure website at horacemann.com.
For each withdrawal, You may specify the account(s) from which the withdrawal will be deducted. Unless You specify otherwise, withdrawals will be deducted from the fixed account and the Subaccount(s), each in proportion to their share of the sum of the Account Value in these accounts. The Account Value will be reduced by the amount We distribute, per Your request, any applicable surrender charges and/or any applicable taxes. Withdrawals from the Contract will reduce the Account Value, the amount available to purchase Annuity Payments under the Contract, and the death benefit. Any partial withdrawal is subject to a $100 minimum and may not reduce the Contract Owner’s Account Value to less than $100.
The surrender or partial withdrawal of Variable Account Value (including a rollover, exchange, etc.) is determined on the basis of the Accumulation Unit Value. Withdrawals and surrenders will be processed either on a Valuation Date specified by You in a request, provided the Valuation Date specified occurs on or after receipt of the request in good form at Our Home Office, or on the Valuation Date following the receipt of such request in good form at Our Home Office. HMLIC ordinarily completes a transaction within seven calendar days after receipt of a request in good form for a partial withdrawal or surrender.
Can I Access the Money in My Account During the Annuity (Income) Phase?
You will receive payments under the Annuity Payment option You select. However, You generally may not take any other withdrawals.
Additional Information About Fees
The following tables describe the fees and expenses that You will pay when buying, owning, and surrendering or making withdrawals from the Contract. Please refer to Your Contract data page for information about the specific fees You will pay each year based on the options You have elected.
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The first table describes the fees and expenses that You will pay at the time that You buy the Contract, surrender or make withdrawals from the Contract, or transfer Account Value between Investment Options. State premium taxes may also be deducted.
Transaction Expenses 
Sales Load Imposed on Purchases (as a percentage of purchase payments)
None
Deferred Sales Load (or Surrender Charge) (as a percentage of amount surrendered)
None
Transfer Fee
None
The next table describes the fees and expenses that You will pay each year during the time that You own the Contract (not including Portfolio Company fees and expenses).
Annual Contract Expenses 
Administrative Expenses (1)
$35 (2)
Base Contract Expenses (as a percentage of average Variable Account Value or Contract Account Value))
1.25%
Optional Benefit Expenses (as a percentage of benefit base or other (e.g., average Account Value))
N/A
Loan Interest
8%
(1)
We sometimes use multiple Contract numbers, with the same first nine digits in the numbers, to segregate multiple sources of funds for a Contract Owner, such as employee versus employer. In these situations, We will deduct only one annual maintenance fee per year for those multiple Contract numbers. We reserve the right to change the annual maintenance fee for Contracts issued in the future.
(2)
For Contracts issued on and After May 1, 2019.
The next item shows the minimum and maximum total operating expenses charged by the Portfolio Companies that You may pay periodically during the time that You own the Contract. Expenses shown may change over time and may be higher or lower in the future. These amounts also include applicable platform charges if you choose to invest in certain Portfolio Companies. A complete list of Portfolio Companies available under the Contract, including their annual expenses, may be found at the back of this document. 
Annual Portfolio Company Expenses
Minimum
Maximum
(expenses that are deducted from Portfolio Company assets, including management fees,
distribution and/or service (12b-1) fees, and other expenses)
0.13%
0.92%
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Example
This Example is intended to help You compare the cost of investing in the variable options with the cost of investing in other annuity contracts that offer variable options. These costs include transaction expenses, annual Contract expenses, and Annual Portfolio Company Expenses.
The Example assumes all Contract value is allocated to variable options. Your costs could differ from those shown below if you invest in fixed options.
The Example assumes that You invest $100,000 in the Contract for the time periods indicated. The Example also assumes that Your investment has a 5% return each year and assumes the most expensive combination of Annual Portfolio Company Expenses and optional benefits available for an additional charge. Although Your actual costs may be higher or lower, based on these assumptions, Your costs would be:
$35 Administrative Expense  
If You surrender Your Contract at the end of the applicable time
period:
1 year
3 years
5 years
10 years
$2,223
$6,848
$11,726
$25,114
$25 Administrative Expense 
If You surrender Your Contract at the end of the applicable time
period:
1 year
3 years
5 years
10 years
$2,213
$6,819
$11,678
$25,025
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Appendix A: Investment Options Available Under the Contract
The following is a list of Portfolio Companies available under the Contract. More information about the Portfolio Companies is available in the prospectuses for the Portfolio Companies, which may be amended from time to time and can be found online at dfinview.com/HoraceMann/TAHD/PRPNQ. You can also request this information at no cost by calling 1-800-999-1030 or by sending an email request to contactcenterannuity@horacemann.com.
The current expenses and performance information below reflects fees and expenses of the Portfolio Companies, but do not reflect the other fees and expenses that Your Contract may charge. Expenses would be higher and performance would be lower if these charges were included. Each Portfolio Company’s past performance is not necessarily an indication of future performance. 
Type/Investment
Objective
Portfolio Company and
Adviser/Subadviser
Current
Expenses
Average Annual Total Returns
(as of 12/31/25)
1-year
5-year
10-year
Lifecycle/Target Date
Funds
Fidelity® VIP Freedom
Portfolio 2020 Initial Class /
Fidelity Management &
Research Company LLC
0.44%
13.33%
4.84%
7.38%
Lifecycle/Target Date
Funds
Fidelity® VIP Freedom
Portfolio 2025 Initial Class /
Fidelity Management &
Research Company LLC
0.46%
14.59%
5.52%
8.02%
Lifecycle/Target Date
Funds
Fidelity® VIP Freedom
Portfolio 2030 Initial Class /
Fidelity Management &
Research Company LLC
0.49%
15.52%
6.25%
8.88%
Lifecycle/Target Date
Funds
Fidelity® VIP Freedom
Portfolio 2035 Initial Class /
Fidelity Management &
Research Company LLC
0.53%
16.69%
7.55%
10.00%
Lifecycle/Target Date
Funds
Fidelity® VIP Freedom
Portfolio 2040 Initial Class /
Fidelity Management &
Research Company LLC
0.57%
18.79%
9.01%
10.87%
Lifecycle/Target Date
Funds
Fidelity® VIP Freedom
Portfolio 2045 Initial Class /
Fidelity Management &
Research Company LLC
0.60%
19.83%
9.44%
11.09%
Lifecycle/Target Date
Funds
Fidelity® VIP Freedom
Portfolio 2050 Initial Class /
Fidelity Management &
Research Company LLC
0.60%
19.79%
9.43%
11.08%
Lifecycle/Target Date
Funds
Fidelity® VIP Freedom
Portfolio 2055 Initial Class /
Fidelity Management &
Research Company LLC
0.60%
19.85%
9.43%
11.60%
Lifecycle/Target Date
Funds
Fidelity® VIP Freedom
Portfolio 2060 Initial Class /
Fidelity Management &
Research Company LLC
0.60%
19.83%
9.44%
11.62%
Lifecycle/Target Date
Funds
Fidelity® VIP Freedom
Retirement Portfolio Initial
Class / Fidelity
Management & Research
Company LLC
0.36%
9.63%
2.35%
4.44%
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Type/Investment
Objective
Portfolio Company and
Adviser/Subadviser
Current
Expenses
Average Annual Total Returns
(as of 12/31/25)
1-year
5-year
10-year
Large Value
American Funds IS®
Washington Mutual
Investors 1* / Capital
Research and Management
CompanySM.
0.25%
17.50%
14.17%
12.65%
Large Blend
Vanguard® VIF Equity
Index / The Vanguard
Group, Inc.
0.14%
17.70%
14.27%
14.66%
Large Growth
American Funds IS Growth
Fund Class 4 / Capital
Research and Management
Company
0.83%
19.93%
13.09%
17.67%
Large Growth
T Rowe Price Blue Chip
Growth Port / T. Rowe Price
Associates, Inc.
0.75%
18.74%
11.68%
15.54%
Mid Value
MFS VIT III Mid Cap Value
Portfolio Initial Class* /
Massachusetts Financial
Services Company
0.79%
5.98%
10.18%
9.95%
Mid Blend
Vanguard® VIF Mid Cap
Index / The Vanguard
Group, Inc.
0.17%
11.54%
8.46%
10.77%
Mid Growth
Janus Henderson Enterprise
Portfolio Instl / Janus
Capital Management LLC.
0.72%
7.67%
7.62%
12.79%
Small Value
Dimensional VA US
Targeted Value /
Dimensional Fund Advisors
LP
0.29%
8.95%
13.60%
11.00%
Small Blend
MFS VIT III Blended
Research Small Cap Equity
Initial Class* /
Massachusetts Financial
Services Company
0.58%
5.76%
6.92%
9.10%
Small Growth
ClearBridge Variable Small
Cap Growth 1 / Franklin
Templeton Fund Adviser,
LLC.
0.81%
9.23%
-0.17%
9.38%
International Stock -
Developed Markets
American Funds IS
International Growth and
Income 1 / Capital Research
and Management
CompanySM
0.56%
35.83%
7.97%
8.08%
International Stock -
Developed Markets
Vanguard® VIF
International / The
Vanguard Group, Inc.
0.32%
19.97%
0.62%
10.48%
International Stock -
Emerging Markets
American Funds IS® New
World 1* / Capital Research
and ManagementSM.
0.57%
28.60%
5.59%
9.53%
Real Estate
Vanguard® VIF Real Estate
Index Portfolio / The
Vanguard Group, Inc.
0.26%
3.11%
4.51%
5.08%
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Type/Investment
Objective
Portfolio Company and
Adviser/Subadviser
Current
Expenses
Average Annual Total Returns
(as of 12/31/25)
1-year
5-year
10-year
Technology
Janus Henderson Global
Technology and Innovation
Fund Class I / Janus Capital
Management LLC.
0.73%
25.15%
13.71%
21.48%
Intermediate-Term
Bond
American Funds IS US
Government Securities 1* /
Capital Research and
Management CompanySM
0.25%
8.01%
0.01%
1.95%
Intermediate-Term
Bond
Vanguard® VIF Total Bond
Mkt Idx / The Vanguard
Group, Inc.
0.14%
6.94%
-0.51%
1.90%
Global Bond
Vanguard® VIF Global
Bond Index / The Vanguard
Group, Inc.
0.13%
5.69%
-0.41%
 
High Yield Bond
BlackRock High Yield V.I.
Class I* / BlackRock
Advisors, LLC.
0.54%
9.19%
4.79%
6.31%
Short-Term Bond
Vanguard® VIF Short-Term
Investment Grade Bond /
The Vanguard Group, Inc.
0.14%
6.85%
2.23%
2.81%
Balanced
Calvert VP SRI Balanced I /
Calvert Research and
Management.
0.65%
11.48%
8.68%
9.81%
Money Market
Goldman Sachs VIT
Government Money Market
Fund* / Goldman Sachs
Asset Management, L.P
0.18%
4.20%
3.18%
2.11%
 
*
These expenses reflect temporary fee reductions. The details about these waivers can be found in the Portfolio Company prospectus at dfinview.com/HoraceMann/TAHD/PRPNQ
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This Summary Prospectus incorporates by reference the Horace Mann Personal Retirement Planner Individual Non-Qualified Flexible Premium Deferred Variable Annuity Contract prospectus and Statement of Additional Information (SAI), both dated May 1, 2026, as amended or supplemented. The SAI may be obtained, free of charge, in the same manner as the prospectus or You can find the Statement of Additional Information online.
EDGAR Filing Number C000182314