04/29/2026 | Press release | Distributed by Public on 04/29/2026 12:26
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Glossary
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2
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Summary of Contract Features That Have Changed
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3
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Important Information You Should Consider About the Contract
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4
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Appendix A - Funds Available Under the Contract
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7
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Annual Fee
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Minimum
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Maximum
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Investment options
(Fund fees and expenses)
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0.35%
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3.38%
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FEES AND EXPENSES
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|||
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Are There Charges
or Adjustments for
Early Withdrawals?
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Yes. If you withdraw money from your contract within 6 years following your last purchase
payment, you will be assessed a surrender charge. The maximum surrender charge is 6% of the
value withdrawn, during the first year, declining down to 0% over the 6 years. For example, if
you make an early withdrawal within the first year, you could pay a withdrawal charge of up to
$6,000 on a $100,000 withdrawal. During each contract year, you may withdraw not more than
10% of the Contract Value (as of the day of the first withdrawal made during that contract year)
without a surrender charge.
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Are There
Transaction
Charges?
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Yes. In addition to surrender charges, you may also be charged for other transactions, such as
when you transfer Contract Value between investment options more than 4 times per contract
year, or for special requests (such as wire transfers or overnight mail).
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Are There Ongoing
Fees and Expenses?
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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 specifications page for information about
the specific fees you will pay each year based on the options you have elected.
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ANNUAL FEE
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MINIMUM
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MAXIMUM
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1. Base Contract
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1.80%1
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1.80%1
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2. Investment options (Fund fees and
expenses)
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0.35%2
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3.19%2
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3. Optional benefits available for an additional
charge (for a single optional benefit, if elected)
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N/A
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N/A
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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.
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LOWEST ANNUAL COST ESTIMATE:
$1,869
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HIGHEST ANNUAL COST ESTIMATE:
$3,855
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Assumes:
●Investment of $100,000
●5% annual appreciation
●Least expensive combination of contract
classes and Fund fees and expenses
●No optional benefits
●No sales charges
●No additional purchase payments,
transfers or withdrawals
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Assumes:
●Investment of $100,000
●5% annual appreciation
●Most expensive combination of contract
classes, optional benefits, and Fund fees
and expenses
●No sales charges
●No additional purchase payments, transfers
or withdrawals
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RISKS
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Is There a Risk of
Loss from Poor
Performance?
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Yes. You can lose money by investing in this contract.
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Is this a Short-Term
Investment?
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No. This contract is not designed for short-term investing and is not appropriate for an investor
who needs ready access to cash.
Surrender charges apply for 6 years following your last purchase payment. They will reduce the
value of your contract if you withdraw money during that time. The benefits of tax deferral and
living benefit protections also mean the contract is more beneficial to investors with a long time
horizon.
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What Are the Risks
Associated with the
Investment
Options?
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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 you choose.
Each investment option (including the Fixed Accumulation Account) has its own unique risks.
You should review the prospectuses for the available Funds before making an investment
decision.
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What Are the Risks
Related to the
Insurance
Company?
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Any obligations (including under the Fixed Accumulation Account), guarantees, and benefits of
the contract are subject to the claims-paying ability of AuguStar Life. More information about
AuguStar Life, including our financial strength ratings, is available upon request by calling us at
888.925.6446.
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RESTRICTIONS
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Are There
Restrictions on the
Investment
Options?
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Yes. We reserve the right to charge $15 for each transfer when you transfer money between
subaccounts in excess of 4 times in a contract year.
We reserve the right to limit transfers in circumstances of frequent or large transfers.
We reserve the right to remove, close or substitute Funds as investment options that are
available under the contract.
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Are There any
Restrictions on
Contract Benefits?
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N/A
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TAXES
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What Are the
Contract's Tax
Implications?
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Consult with a tax professional to determine the tax implications of an investment in and
purchase payments received under this contract.
If you purchase the contract through a tax-qualified plan or individual retirement account (IRA),
you do not get any additional tax deferral.
Earnings on your contract are taxed at ordinary income tax rates when you withdraw them, and
you may have to pay a penalty if you take a withdrawal before age 59 ½.
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CONFLICTS OF INTEREST
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How Are
Investment
Professionals
Compensated?
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Although the contracts are no longer offered for new sales, firms and their registered
representatives that sold the contracts may still be paid for those sales. Your investment
professional may receive compensation for having sold this contract to you in the form of
commissions, service fees, additional cash benefits (e.g. bonuses), and non-cash compensation.
Accordingly, investment professionals may have had a financial incentive to offer or
recommend this contract over another investment.
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Should I Exchange
My Contract?
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Some investment professionals may have a financial incentive to offer you a new contract in
place of the one you own. You should only consider exchanging your contract if you determine,
after comparing the features, fees, and risks of both contracts, that it is in your best interest to
purchase the new contract rather than continue to own your existing contract.
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Type/Investment
Objective
|
Fund and Adviser/Subadviser
|
Current
Expenses
|
Average Annual Total Returns
(as of 12/31/2025)
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||
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1 year
|
5 year
|
10 year
|
|||
|
Equity
|
Allspring VT Opportunity Fund (Class 2)†
Adviser: Allspring Funds Management, LLC
Subadviser: Allspring Global Investments, LLC
|
1.00%*
|
6.71%
|
8.94%
|
11.85%
|
|
Equity
|
AVIP AB Mid Cap Core Portfolio (Class I)(3)
Adviser: Constellation Investments, Inc.
Subadviser: AllianceBernstein L.P.
|
0.92%
|
6.42%
|
4.97%
|
9.99%
|
|
Equity
|
AVIP AB Small Cap Portfolio (Class I)(1)
Adviser: Constellation Investments, Inc.
Subadviser: AllianceBernstein L.P.
|
0.86%
|
4.89%
|
1.53%
|
8.67%
|
|
Equity
|
AVIP BlackRock Advantage International Equity
Portfolio (Class I)
Adviser: Constellation Investments, Inc.
Subadviser: BlackRock Investment Management, LLC
|
0.88%
|
33.04%
|
10.56%
|
8.33%
|
|
Equity
|
AVIP BlackRock Advantage Large Cap Core Portfolio
(Class I)
Adviser: Constellation Investments, Inc.
Subadviser: BlackRock Investment Management, LLC
|
0.70%
|
20.20%
|
14.57%
|
13.59%
|
|
Equity
|
AVIP BlackRock Advantage Large Cap Growth
Portfolio (Class I)
Adviser: Constellation Investments, Inc.
Subadviser: BlackRock Investment Management, LLC
|
0.71%
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21.51%
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13.88%
|
15.52%
|
|
Equity
|
AVIP BlackRock Advantage Large Cap Value Portfolio
(Class I)
Adviser: Constellation Investments, Inc.
Subadviser: BlackRock Investment Management, LLC
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0.75%
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18.44%
|
12.15%
|
9.82%
|
|
Equity
|
AVIP BlackRock Advantage Small Cap Growth
Portfolio (Class I)
Adviser: Constellation Investments, Inc.
Subadviser: BlackRock Investment Management, LLC
|
0.92%
|
14.14%
|
3.08%
|
9.71%
|
|
Allocation
|
AVIP BlackRock Balanced Allocation Portfolio (Class I)
Adviser: Constellation Investments, Inc.
Subadviser: BlackRock Investment Management, LLC
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0.57%
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16.61%
|
10.40%
|
10.82%
|
|
Type/Investment
Objective
|
Fund and Adviser/Subadviser
|
Current
Expenses
|
Average Annual Total Returns
(as of 12/31/2025)
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||
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1 year
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5 year
|
10 year
|
|||
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Fixed Income
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AVIP Bond Portfolio (Class I)(2)
Adviser: Constellation Investments, Inc.
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0.61%
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7.67%
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-0.06%
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3.36%
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Fixed Income
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AVIP Core Plus Bond Portfolio (Class I)(8)
Adviser: Constellation Investments, Inc.
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0.59%
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6.60%
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-0.36%
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N/A
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Fixed Income
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AVIP High Income Bond Portfolio (Class I)(9)
Adviser: Constellation Investments, Inc.
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0.88%
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8.31%
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3.85%
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5.77%
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Equity
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AVIP Fidelity Institutional AM® Equity Growth
Portfolio (Class I)(5)
Adviser: Constellation Investments, Inc.
Subadviser: FIAM LLC
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0.77%
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15.35%
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10.70%
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15.69%
|
|
Equity
|
AVIP Intech U.S. Low Volatility Portfolio (Class I)
Adviser: Constellation Investments, Inc.
Subadviser: Intech Investment Management LLC
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0.62%
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12.23%
|
N/A
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N/A
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|
Allocation
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AVIP Constellation Dynamic Risk Balanced Portfolio
(Class I)(6)
Adviser: Constellation Investments, Inc.
|
0.87%
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12.44%
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4.92%
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8.94%
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Allocation
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AVIP Constellation Managed Risk Balanced Portfolio
(Class I)
Adviser: Constellation Investments, Inc.
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0.64%
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13.29%
|
N/A
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N/A
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|
Allocation
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AVIP Constellation Managed Risk Growth Portfolio
(Class I)
Adviser: Constellation Investments, Inc.
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0.65%
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15.92%
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N/A
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N/A
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Allocation
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AVIP Constellation Managed Risk Moderate Growth
Portfolio (Class I)(7)
Adviser: Constellation Investments, Inc.
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0.63%
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14.75%
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N/A
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N/A
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|
Equity
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AVIP Nasdaq-100® Index Portfolio (Class I)
Adviser: Constellation Investments, Inc.
Subadviser: Geode Capital Management LLC
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0.44%
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20.54%
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14.85%
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19.20%
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|
Equity
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AVIP S&P 500® Index Portfolio (Class I)(4)
Adviser: Constellation Investments, Inc.
Subadviser: Geode Capital Management LLC
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0.38%
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17.43%
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13.99%
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14.37%
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Equity
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AVIP S&P MidCap 400® Index Portfolio (Class I)
Adviser: Constellation Investments, Inc.
Subadviser: Geode Capital Management LLC
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0.41%
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7.08%
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8.57%
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9.16%
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Equity
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BNY Mellon Appreciation Portfolio (Service Class)
Adviser: BNY Mellon Investment Adviser, Inc.
|
1.10%
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9.78%
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9.08%
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12.63%
|
|
Equity
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CVT S&P 500® Index Portfolio‡
Adviser: Calvert Research and Management
Subadviser: Ameritas Investment Partners, Inc.
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0.28%*
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17.50%
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14.10%
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14.48%
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Equity
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Federated Hermes Kaufmann Fund II (Service Class)
Adviser: Federated Global Investment Management
Corp.
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1.79%*
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11.26%
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1.26%
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9.61%
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Equity
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Fidelity® VIP Equity-Income PortfolioSM (Service
Class 2)
Adviser: Fidelity Management & Research Company
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0.71%
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18.75%
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12.23%
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11.32%
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Type/Investment
Objective
|
Fund and Adviser/Subadviser
|
Current
Expenses
|
Average Annual Total Returns
(as of 12/31/2025)
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||
|
1 year
|
5 year
|
10 year
|
|||
|
Capital
Preservation
|
Fidelity® VIP Government Money Market Portfolio
(Service Class)
Adviser: Fidelity Management & Research Company
Subadviser: Fidelity Investments Money
Management, Inc.
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0.35%
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4.03%
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3.02%
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1.95%
|
|
Equity
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Fidelity® VIP Mid Cap Portfolio (Service Class 2)
Adviser: Fidelity Management & Research Company
|
0.80%
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11.49%
|
9.83%
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10.31%
|
|
Equity
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Fidelity® VIP Real Estate Portfolio (Service Class 2)
Adviser: Fidelity Management & Research Company
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0.85%
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2.90%
|
3.98%
|
3.61%
|
|
Allocation
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Franklin Allocation VIP Fund (Class 4)
Adviser: Franklin Advisers, Inc.
Subadviser: Templeton Global Advisors Limited,
Franklin Templeton Institutional, LLC, ClearBridge
Investments, LLC, Brandywine Global Investment
Management, LLC, Western Asset Management
Company, LLC, Western Asset Management
Company Limited
|
0.92%*
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12.53%
|
5.60%
|
7.19%
|
|
Equity
|
Franklin DynaTech VIP Fund (Class 2)
Adviser: Franklin Advisers, Inc.
|
0.88%
|
18.13%
|
9.09%
|
14.08%
|
|
Allocation
|
Franklin Income VIP Fund (Class 2)
Adviser: Franklin Advisers, Inc.
|
0.72%
|
12.56%
|
7.66%
|
7.30%
|
|
Equity
|
Franklin Templeton Foreign VIP Fund (Class 2)
Adviser: Templeton Investment Counsel, LLC
|
1.08%*
|
29.19%
|
8.25%
|
5.75%
|
|
Equity
|
Goldman Sachs Strategic Growth Fund (Institutional
Class)
Adviser: Goldman Sachs Asset Management, L.P.
|
0.71%*
|
17.92%
|
12.76%
|
16.43%
|
|
Equity
|
Invesco V.I. EQV International Equity Fund (Series II)
Adviser: Invesco Advisers, Inc.
|
1.15%
|
16.23%
|
3.42%
|
5.95%
|
|
Allocation
|
Janus Henderson Balanced Portfolio (Institutional
Class)§
Adviser: Janus Henderson Investors US LLC
|
0.62%
|
15.11%
|
8.48%
|
10.13%
|
|
Allocation
|
Janus Henderson Balanced Portfolio (Service Class)§
Adviser: Janus Henderson Investors US LLC
|
0.87%
|
14.82%
|
8.21%
|
9.86%
|
|
Equity
|
Janus Henderson Global Research Portfolio
(Institutional Class)§
Adviser: Janus Henderson Investors US LLC
|
0.82%
|
20.92%
|
12.51%
|
12.93%
|
|
Equity
|
Janus Henderson Global Research Portfolio (Service
Class)§
Adviser: Janus Henderson Investors US LLC
|
1.07%
|
20.60%
|
12.23%
|
12.64%
|
|
Equity
|
Janus Henderson Overseas Portfolio (Service Class)
Adviser: Janus Henderson Investors US LLC
|
0.96%
|
28.58%
|
9.17%
|
8.97%
|
|
Equity
|
Janus Henderson Research Portfolio (Institutional
Class)§
Adviser: Janus Henderson Investors US LLC
|
0.82%
|
18.39%
|
14.11%
|
15.88%
|
|
Equity
|
Janus Henderson Research Portfolio (Service Class)§
Adviser: Janus Henderson Investors US LLC
|
1.07%
|
18.10%
|
13.83%
|
15.59%
|
|
Type/Investment
Objective
|
Fund and Adviser/Subadviser
|
Current
Expenses
|
Average Annual Total Returns
(as of 12/31/2025)
|
||
|
1 year
|
5 year
|
10 year
|
|||
|
Equity
|
Lazard Retirement Emerging Markets Equity
Portfolio (Service Class)
Adviser: Lazard Asset Management LLC
|
1.38%*
|
41.77%
|
10.76%
|
9.35%
|
|
Equity
|
Lazard Retirement International Equity Portfolio
(Service Class)
Adviser: Lazard Asset Management LLC
|
1.10%*
|
33.12%
|
7.95%
|
6.82%
|
|
Equity
|
LVIP ClearBridge Variable Dividend Strategy Portfolio
(Standard Class)(13)
Adviser: Lincoln Financial Investments
Corporation(13)
Subadviser: ClearBridge Investments, LLC
|
0.75%*
|
12.62%
|
11.86%
|
12.45%
|
|
Equity
|
LVIP ClearBridge Variable Large Cap Value Portfolio
(Standard Class)(13)
Adviser: Lincoln Financial Investments
Corporation(13)
Subadviser: ClearBridge Investments, LLC
|
0.72%*
|
10.20%
|
10.11%
|
10.01%
|
|
Equity
|
LVIP JPMorgan Small Cap Core Fund (Standard
Class)^
Adviser: Lincoln Financial Investments Corporation
Subadviser: J.P. Morgan Investment
Management Inc.
|
0.77%
|
10.27%
|
6.40%
|
8.95%
|
|
Allocation
|
Nomura VIP Asset Strategy Series (Service Class)(10)
Adviser: Delaware Management Company
Subadviser: Macquarie Investment Management
Austria Kapitalanlage AG(10)
|
0.77%*
|
16.66%
|
7.07%
|
7.84%
|
|
Equity
|
Nomura VIP Natural Resources Series (Service
Class)(11)
Adviser: Delaware Management Company
Subadviser: Van Eck Associates Corporation and
Macquarie Investment Management Global
Limited(11)
|
1.12%*
|
37.75%
|
15.73%
|
6.94%
|
|
Equity
|
Nomura VIP Science and Technology Series (Service
Class)(12)
Adviser: Delaware Management Company
Subadviser: Macquarie Investment Management
Global Limited(12)
|
1.15%
|
33.36%
|
13.71%
|
17.20%
|
|
Equity
|
MFS® Massachusetts Investors Growth Stock
Portfolio (Service Class)
Adviser: Massachusetts Financial Services Company
|
0.97%*
|
9.61%
|
9.74%
|
13.98%
|
|
Equity
|
MFS® Mid Cap Growth Series (Service Class)
Adviser: Massachusetts Financial Services Company
|
1.06%*
|
3.40%
|
3.03%
|
11.32%
|
|
Equity
|
MFS® New Discovery Series (Service Class)
Adviser: Massachusetts Financial Services Company
|
1.12%*
|
12.56%
|
-0.54%
|
10.46%
|
|
Allocation
|
MFS® Total Return Series (Service Class)
Adviser: Massachusetts Financial Services Company
|
0.86%*
|
10.91%
|
6.16%
|
7.36%
|
|
Type/Investment
Objective
|
Fund and Adviser/Subadviser
|
Current
Expenses
|
Average Annual Total Returns
(as of 12/31/2025)
|
||
|
1 year
|
5 year
|
10 year
|
|||
|
Equity
|
Morgan Stanley VIF Growth Portfolio (Class II)
Adviser: Morgan Stanley Investment Management,
Inc.
|
0.82%*
|
35.38%
|
3.15%
|
17.46%
|
|
Real Assets
|
PIMCO CommodityRealReturn® Strategy Portfolio
(Administrative Class)
Adviser: Pacific Investment Management
Company LLC
|
3.19%*
|
18.79%
|
10.55%
|
6.54%
|
|
Fixed Income
|
PIMCO Global Bond Opportunities Portfolio
(Unhedged) (Administrative Class)
Adviser: Pacific Investment Management
Company LLC
|
1.15%
|
12.75%
|
0.15%
|
2.46%
|
|
Fixed Income
|
PIMCO Low Duration Portfolio (Administrative Class)
Adviser: Pacific Investment Management
Company LLC
|
0.66%
|
5.52%
|
1.57%
|
1.79%
|
|
Fixed Income
|
PIMCO Real Return Portfolio (Administrative Class)
Adviser: Pacific Investment Management
Company LLC
|
1.39%
|
7.85%
|
1.21%
|
3.21%
|
|
*
|
Annual expenses reflect temporary fee reductions.
|
|
^
|
Available only in contracts with value allocated to this Fund as of May 1, 2023.
|
|
†
|
Available before May 1, 2007
|
|
‡
|
Available before May 1, 2014
|
|
§
|
Service shares for contracts applied for on or after May 1, 2000. Institutional Shares for contracts applied for
before May 1, 2000.
|
|
(1)
|
On October 10, 2025, Lazard Retirement US Small Cap Equity Select Portfolio, AB VPS Small Cap Growth Portfolio,
Royce Small-Cap Portfolio, and Royce Micro-Cap Portfolio were replaced by AVIP AB Small Cap Portfolio.
|
|
(2)
|
On October 10, 2025, Janus Henderson Flexible Bond Portfolio was replaced by AVIP Bond Portfolio.
|
|
(3)
|
On October 10, 2025, Neuberger Berman AMT Mid Cap Intrinsic Value Portfolio was replaced with AVIP AB Mid
Cap Core Portfolio.
|
|
(4)
|
On October 10, 2025, Goldman Sachs U.S. Equity Insights Fund was replaced with AVIP S&P 500® Index Portfolio.
|
|
(5)
|
On October 10, 2025, Fidelity® VIP Growth Portfolio was replaced with AVIP Fidelity Institutional AM® Equity
Growth Portfolio.
|
|
(6)
|
On October 10, 2025, Franklin VolSmart Allocation VIP Fund, Goldman Sachs Trend Driven Allocation Fund, and
Lazard Retirement Global Dynamic Multi-Asset Portfolio were replaced with AVIP Constellation Dynamic Risk
Balanced Portfolio.
|
|
(7)
|
On October 17, 2025, Fidelity® VIP Target Volatility Portfolio and AB VPS Global Risk Allocation-Moderate
Portfolio were replaced with AVIP Constellation Managed Risk Moderate Growth Portfolio.
|
|
(8)
|
On December 5, 2025, AVIP Federated Core Plus Bond Portfolio was renamed to AVIP Core Plus Bond Portfolio.
Federated Investment Management Company was removed as subadviser.
|
|
(9)
|
On December 5, 2025, AVIP Federated High Income Bond Portfolio was renamed to AVIP High Income Bond
Portfolio. Federated Investment Management Company was removed as subadviser.
|
|
(10)
|
On December 5, 2025, Macquarie VIP Asset Strategy Series was renamed to Nomura VIP Asset Strategy Series.
Securian Asset Management, Inc. was removed as subadviser and replaced with Macquarie Investment
Management Austria Kapitalanlage AG.
|
|
(11)
|
On December 5, 2025, Macquarie VIP Natural Resources Series was renamed to Nomura VIP Natural Resources
Series. Securian Asset Management, Inc. was removed as subadviser and replaced with Van Eck Associates
Corporation and Macquarie Investment Management Global Limited.
|
|
(12)
|
On December 5, 2025, Macquarie VIP Science and Technology Series was renamed to Nomura VIP Science and
Technology Series. Securian Asset Management, Inc. was removed as subadviser and replaced with Macquarie
Investment Management Global Limited.
|
|
(13)
|
On April 24, 2026, ClearBridge Variable Large Cap Value Portfolio and ClearBridge Variable Dividend Strategy
Portfolio were reorganized into LVIP ClearBridge Variable Large Cap Value Fund and LVIP ClearBridge Variable
Dividend Strategy Portfolio, respectively. ClearBridge Investments, LLC was the subadviser and replaced with
Lincoln Financial Investments Corporation as the adviser. Available only in contracts with value allocated to this
Fund as of April 24, 2026.
|
|
Type/Investment
Objective
|
Fund and Adviser/Subadviser
|
Current
Expenses
|
Average Annual Total Returns
(as of 12/31/2025)
|
||
|
1 year
|
5 year
|
10 year
|
|||
|
Equity
|
AVIP BlackRock Advantage Large Cap Core Portfolio
(Class I)
Adviser: Constellation Investments, Inc.
Subadviser: BlackRock Investment Management, LLC
|
0.70%
|
20.20%
|
14.57%
|
13.59%
|
|
Name
|
Term
|
Guaranteed
Minimum
Interest Rate
|
|
Fixed Account
|
12 months
|
3.25%
|
|
Name
|
Term
|
Guaranteed
Minimum
Interest Rate
|
|
Fixed Account
|
12 months
|
3.00%
|