# EDGAR Filing Document

**Accession Number:** 0000073981
**File Stem:** 0001398344-26-009290
**Filing Date:** 2026-5
**Character Count:** 891921
**Document Hash:** 070ad2b3a4a144212760386e3578a2a5
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001398344-26-009290.hdr.sgml**: 20260515

**ACCESSION NUMBER**: 0001398344-26-009290

**CONFORMED SUBMISSION TYPE**: N-4/A

**PUBLIC DOCUMENT COUNT**: 49

**CONFORMED PERIOD OF REPORT**: 20260518

**FILED AS OF DATE**: 20260515

**DATE AS OF CHANGE**: 20260515

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AuguStar Variable Account A
- **CENTRAL INDEX KEY:** 0000073981

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** OH
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** N-4/A
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-01978
- **FILM NUMBER:** 26986101

**BUSINESS ADDRESS:**
- **STREET 1:** ONE FINANCIAL WAY
- **STREET 2:** P.O. BOX 237
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45242
- **BUSINESS PHONE:** 513-794-6278

**MAIL ADDRESS:**
- **STREET 1:** ONE FINANCIAL WAY
- **STREET 2:** P.O. BOX 237
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45242

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** OHIO NATIONAL VARIABLE ACCOUNT A
- **DATE OF NAME CHANGE:** 19920703
**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AuguStar Variable Account A
- **CENTRAL INDEX KEY:** 0000073981

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** OH
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** N-4/A
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-290558
- **FILM NUMBER:** 26986100

**BUSINESS ADDRESS:**
- **STREET 1:** ONE FINANCIAL WAY
- **STREET 2:** P.O. BOX 237
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45242
- **BUSINESS PHONE:** 513-794-6278

**MAIL ADDRESS:**
- **STREET 1:** ONE FINANCIAL WAY
- **STREET 2:** P.O. BOX 237
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45242

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** OHIO NATIONAL VARIABLE ACCOUNT A
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### AUGUSTAR VARIABLE ACCOUNT A (Series ID: S000007957)

| Class ID   | Class Name                  | Ticker Symbol   |
|:---|:---|:---|
| C000267449 | StarStream Variable Annuity |  |

?xml version='1.0' encoding='ASCII'?

File No. 333-290558

811-1978

**Securities and Exchange Commission**

**Washington, D.C. 20549**

**Form N-4**

**REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933**

Pre-Effective Amendment No. 1 [X] <br> Post-Effective Amendment No. [ ]

and/or

**REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940**

Amendment No. 1 [X]

**AuguStar Variable Account A**

*(Exact Name of Registrant)*

**AuguStar Life Insurance Company**

*(Name of Depositor)*

**One Financial Way, Montgomery, Ohio 45242**

*(Address of Depositor's Principal Executive Offices)*

(513) 794-6100

*(Depositor's Telephone Number, including Area Code)*

**Manda Ghaferi, General Counsel**

**AuguStar Life Insurance Company**

**P.O. Box 237, Cincinnati, Ohio 45201**

*(Name and Address of Agent for Service)*

Approximate Date of Proposed Public Offering: As soon after the effective date of this registration statement as is practicable.

Check each box that appropriately characterizes the Registrant:

[ ] New Registrant (as applicable, a Registered Separate Account or Insurance Company that has not filed a Securities Act registration statement or amendment thereto within 3 years preceding this filing)

[ ] Emerging Growth Company (as defined by Rule 12b-2 under the Securities Exchange Act of 1934 ("Exchange Act"))

[ ] If an Emerging Growth Company, indicate by check mark if the Registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of Securities Act

[X] Insurance Company relying on Rule 12h-7 under the Exchange Act

[ ] Smaller reporting company (as defined by Rule 12b-2 under the Exchange Act)

**StarStream<sup>®</sup>**

Flexible Premium Deferred Variable Annuity

Issued by Depositor

**AuguStar<sup>®</sup> Life Insurance Company**

in all states except in New York

**AuguStar Variable Account A**

**Supplement dated May 18, 2026**

**to the**

**Prospectus and Summary Prospectus Dated May 18, 2026**

This Rate Sheet Prospectus Supplement ("Rate Sheet Supplement") applies if you elect an Optional Benefit. The Rate Sheet Supplement provides certain information contained in the above-referenced prospectus and summary prospectus. Please read and retain the Rate Sheet Supplement for future reference.

Certain terms used in this Rate Sheet Supplement have special meanings. If a special term is not defined in this Rate Sheet Supplement, it has the meaning given to it in the prospectus.

We are issuing this Rate Sheet Supplement to update "***Are There Ongoing Fees and Expenses***" in the "**Important Information You Should Consider About the Contract**" section of the prospectus and summary prospectus. This Rate Sheet Supplement also provides the following current values for the **Level**, **Boost**, **Daily**, and **Protector** Optional Benefits:

● Optional Benefit Fee;

● Maximum Protected Annual Withdrawal Rates;

● Maximum Annual Optional Benefit Fee Adjustment;

● Charge Freeze Period;

● Roll-Up Rate;

● Roll-Up Period; and

● Deferral Credit Rates

Additionally, this Rate Sheet Supplement provides the following current values for the **Protected Death Benefit**:

● Protected Death Benefit Fee;

● Maximum Annual Protected Death Benefit Fee Adjustment; and

● Protected Death Benefit Charge Freeze Period

After your Contract is issued, the percentages and terms listed above are guaranteed not to change for the life of your Contract, except for the Optional Benefit fee and Protected Death Benefit fee which may change after the contract is issued. You will be notified in writing by Us of any change in fee. This Rate Sheet Supplement replaces and supersedes any previous Rate Sheet Supplement and must be used in conjunction with the above-referenced prospectus and summary prospectus. If you need a copy of the current Rate Sheet Supplement, prospectus, or summary prospectus, please call Our Annuity Service Center at 888.925.6446 or visit Our website at www.augustarfinancial.com/starstream. These materials are also filed with the Securities and Exchange Commission and are available on the EDGAR system at www.sec.gov, file number 333-290558. You may obtain historical Rate Sheet Supplements in the same manner. Previously offered terms from historical Rate Sheet Supplements will also be included in an appendix to the prospectus and available on www.augustarfinancial.com/starstream.

**The rates and periods provided in this Rate Sheet Supplement apply to any application (<u>including a spousal continuation form</u>) signed on or after May 18, 2026, provided that this Rate Sheet Supplement remains in effect. If the application is signed after this Rate Sheet Supplement is no longer in effect, You will receive the terms that are in effect on the date that Your application is signed in Good Order.** 

**It is important that you have the most current Rate Sheet Supplement as of the date you sign the application. This Rate Sheet Supplement has no specified end date and can be superseded at any time. If We supersede this Rate Sheet Supplement with a new Rate Sheet Supplement, the new Rate Sheet Supplement will be filed a minimum of 10 business days prior to its effective date on EDGAR at <u>www.sec.gov</u>, file number 333-290558.**

 

**Important Information You Should Consider About the Contract** 

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Fees and Expenses** | **Fees and Expenses** | **Fees and Expenses** | **Fees and Expenses** | **Location in Prospectus** |
| Are There Ongoing Fees and Expenses? | **Yes.** The table below describes the fees and expenses that You may pay each year, depending on the investment options and Optional Benefit 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. | **Yes.** The table below describes the fees and expenses that You may pay each year, depending on the investment options and Optional Benefit 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. | **Yes.** The table below describes the fees and expenses that You may pay each year, depending on the investment options and Optional Benefit 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. | Fees and Expenses Table<br>Fees and Charges the Company Deducts<br>Appendix A – Investment Options Available under the Contract |
|  |  |  |  | Fees and Expenses Table<br>Fees and Charges the Company Deducts<br>Appendix A – Investment Options Available under the Contract |
|  | **Annual Fee** | **Minimum** | **Maximum** | Fees and Expenses Table<br>Fees and Charges the Company Deducts<br>Appendix A – Investment Options Available under the Contract |
|  | 1. Base Contract | 1.30%<sup>1</sup> | 1.30%<sup>1</sup> | Fees and Expenses Table<br>Fees and Charges the Company Deducts<br>Appendix A – Investment Options Available under the Contract |
|  | 2. Underlying Fund fees and expenses | 0.50%<sup>2</sup> | 1.49%<sup>2</sup> | Fees and Expenses Table<br>Fees and Charges the Company Deducts<br>Appendix A – Investment Options Available under the Contract |
|  | 3. Optional Benefits available for an additional charge (for a single optional benefit, if elected) | 1.50%<sup>3</sup> | 2.50%<sup>3</sup> | Fees and Expenses Table<br>Fees and Charges the Company Deducts<br>Appendix A – Investment Options Available under the Contract |
|  | <sup>1</sup> As a percentage of the average daily net asset value in the Variable Portfolios.<br> <sup>2</sup>As a percentage of Underlying Fund average net assets, before any expense reimbursement or fee waiver arrangement.<br> <sup>3</sup>As a percentage of Protected Benefit Base. | <sup>1</sup> As a percentage of the average daily net asset value in the Variable Portfolios.<br> <sup>2</sup>As a percentage of Underlying Fund average net assets, before any expense reimbursement or fee waiver arrangement.<br> <sup>3</sup>As a percentage of Protected Benefit Base. | <sup>1</sup> As a percentage of the average daily net asset value in the Variable Portfolios.<br> <sup>2</sup>As a percentage of Underlying Fund average net assets, before any expense reimbursement or fee waiver arrangement.<br> <sup>3</sup>As a percentage of Protected Benefit Base. |  |

---

---

| | |
|:---|:---|
| 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 withdrawal charges during the withdrawal charge period that substantially increase costs.** | 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 withdrawal charges during the withdrawal charge period that substantially increase costs.** |
| **Lowest Annual Cost:**<br> **$1,443.35** | **Highest Annual Cost:**<br> **$5,065.34** |
| Assumes:<br> ● Investment of $100,000<br> ● 5% annual appreciation<br> ● Least expensive Underlying Fund fees and expenses<br> ● No Optional Benefits<br> ● No sales charges<br> ● No additional Purchase Payments, transfers or withdrawals | Assumes:<br> ● Investment of $100,000<br> ● 5% annual appreciation<br> ● Most expensive combination of Optional Benefits and Underlying Fund fees and expenses<br> ● No sales charges<br> ● No additional Purchase Payments, transfers<br> or withdrawals |

---

**<u>Level</u>**

---

| | |
|:---|:---|
| | **Single/Joint** |
| **Optional Benefit Fee** | 1.50% |
| **Maximum Annual Optional Benefit Fee Adjustment (per benefit year)** | 0.40% |
| **Charge Freeze Period** | 5 years |

---

The Optional Benefit Fee is calculated as a percentage of the Protected Benefit Base (as defined in "**The Optional Benefits**" of the prospectus) and is deducted from the Contract Value. The initial Optional Benefit Fee rate is guaranteed for the Charge Freeze Period. Subsequently, the Optional Benefit Fee may change subject to the maximum rate as further explained in ***Optional Benefit Fee* of "Fees and Charges of the Contract"** of the prospectus.

---

| | |
|:---|:---|
| **Roll-Up Rate** | **Roll-Up Period** |
| 6.0% | 10 years |

---

---

| | | |
|:---|:---|:---|
| **Deferral Credit Period** | **Deferral Credit Rate Single** | **Deferral Credit Rate Joint** |
| 5+ years | 0.40% | 0.20% |

---

---

| | | |
|:---|:---|:---|
| **Covered Life's Age<sup>(1)</sup>**<br> **(at the time of the first Protected Lifetime Withdrawal or Protected Lifetime** <br> **Income Amount<sup>(2)</sup>)** | **Maximum Protected**<br> **Annual Withdrawal Rate** | **Joint Option for** <br> **Maximum Protected** <br> **Annual Withdrawal Rate**<br> **(as applied to the** <br> **younger Covered Life)** |
| 45-59 | 3.65% | 3.15% |
| 60-64 | 4.85% | 4.35% |
| 65-69 | 6.25% | 5.75% |
| 70-74 | 6.45% | 5.95% |
| 75-79 | 6.65% | 6.15% |
| 80+ | 6.70% | 6.20% |

---

 

<sup>(1)</sup> The Maximum Protected Annual Withdrawal Rate is determined based on the age of the Covered Life at the time of the first Protected Lifetime Withdrawal or Protected Lifetime Income payment. If the single option is elected, the Annuitant is the Covered Life. If the joint option is elected and the Annuitant and the Annuitant's spouse are added as Covered Lives, then the younger Covered Life's age will be used. The Maximum Protected Annual Withdrawal Rate is the same before and after the contract value reaches zero.

<sup>(2)</sup> Assumes that the Protected Lifetime Withdrawal Period was never activated.

**<u>Daily</u>**

---

| | |
|:---|:---|
| | **Single/Joint** |
| **Optional Benefit Fee** | 1.50% |
| **Maximum Annual Optional Benefit Fee Adjustment (per benefit year)** | 0.40% |
| **Charge Freeze Period** | 5 years |

---

The Optional Benefit Fee is calculated as a percentage of the Protected Benefit Base (as defined in "**The Optional Benefits**" of the prospectus) and is deducted from the Contract Value. The initial Optional Benefit Fee rate is guaranteed for the Charge Freeze Period. Subsequently, the Optional Benefit Fee may change subject to the maximum rate as further explained in ***Optional Benefit Fee* of "Fees and Charges of the Contract"** of the prospectus.

---

| | |
|:---|:---|
| **Roll-Up Rate** | **Roll-Up Period** |
| 6.00% | 10 years |

---

---

| | | |
|:---|:---|:---|
| **Deferral Credit Period** | **Deferral Credit Rate Single** | **Deferral Credit Rate Joint** |
| 5+ years | 0.40% | 0.20% |

---

---

| | | |
|:---|:---|:---|
| **Covered Life's Age<sup>(1)</sup>**<br> **(at the time of the first Protected Lifetime Withdrawal or Protected Lifetime** <br> **Income payment<sup>(2)</sup>)** | **Maximum Protected** <br> **Annual Withdrawal Rate** | **Joint Option for** <br> **Maximum Protected** <br> **Annual Withdrawal Rate** <br> **(as applied to the** <br> **younger Covered Life)** |
| 45-59 | 3.25% | 2.75% |
| 60-64 | 4.45% | 3.95% |
| 65-69 | 5.85% | 5.35% |
| 70-74 | 6.05% | 5.55% |
| 75-79 | 6.25% | 5.75% |
| 80+ | 6.30% | 5.80% |

---

<sup>(1)</sup> The Maximum Protected Annual Withdrawal Rate is determined based on the age of the Covered Life at the time of the first Protected Lifetime Withdrawal or Protected Lifetime Income payment. If the single option is elected, the Annuitant is the Covered Life. If the joint option is elected and the Annuitant and the Annuitant's spouse are added as Covered Lives, then the younger Covered Life's age will be used. The Maximum Protected Annual Withdrawal Rate is the same before and after the contract value reaches zero.

<sup>(2)</sup> Assumes that the Protected Lifetime Withdrawal Period was never activated.

**<u>Protector</u>**

---

| | |
|:---|:---|
| | **Single** |
| **Optional Benefit Fee** | 1.50% |
| **Maximum Annual Optional Benefit Fee Adjustment (per benefit year)** | 0.40% |
| **Charge Freeze Period** | 5 years |

---

The Optional Benefit Fee is calculated as a percentage of the Protected Benefit Base (as defined in "**Optional Benefit**" of the prospectus) and is deducted from the Contract Value. The initial Optional Benefit Fee rate is guaranteed for the Charge Freeze Period. Subsequently, the Optional Benefit Fee may change subject to the maximum rate as further explained in ***Optional Benefit Fee* of "Fees and Charges of the Contract"** of the prospectus.

---

| | |
|:---|:---|
| | **Single** |
| **Protected Death Benefit Fee** | 0.50% |
| **Maximum Annual Protected Death Benefit Fee Adjustment (per benefit year)** | 0.15% |
| **Protected Death Benefit Charge Freeze Period** | 5 years |

---

The Protected Death Benefit Fee is calculated as a percentage of the Protected Death Benefit Base (as defined in "**The Optional Benefits**" of the prospectus) and is deducted from the Contract Value. The initial Protected Death Benefit Fee Rate is guaranteed for the Protected Death Benefit Charge Freeze Period. Subsequently, the Protected Death Benefit Fee may change subject to the maximum rate as further explained in ***Protected Death Benefit Fee (Protector Only)* of "Fees and Charges of the Contract"** of the prospectus.

---

| | |
|:---|:---|
| **Roll-Up Rate** | **Roll-Up Period** |
| 6.00% | 10 years |

---

---

| | |
|:---|:---|
| | **Deferral Credit Rate Single** |
| 5+ years | 0.40% |

---

---

| | |
|:---|:---|
| &nbsp;&nbsp; **Covered Life's<sup>(1)</sup> Age** <br> **(at the time of the first Protected Lifetime Withdrawal or Protected Lifetime Income payment<sup>(2)</sup>)** | &nbsp;&nbsp; **Maximum Protected** <br> **Annual Withdrawal Rate** |
| &nbsp;&nbsp;45-59 | &nbsp;&nbsp;3.75% |
| &nbsp;&nbsp;60-64 | &nbsp;&nbsp;4.30% |
| &nbsp;&nbsp;65-69 | &nbsp;&nbsp;5.70% |
| &nbsp;&nbsp;70-74 | &nbsp;&nbsp;5.90% |
| &nbsp;&nbsp;75-79 | &nbsp;&nbsp;6.00% |
| &nbsp;&nbsp;80+ | &nbsp;&nbsp;6.00% |

---

 

<sup>(1)</sup> The Maximum Protected Annual Withdrawal Rate is determined based on the age of the Covered Life at the time of the first Protected Lifetime Withdrawal or Protected Lifetime Income payment. The Annuitant is the Covered Life. The Maximum Protected Annual Withdrawal Rate is the same before and after the contract value reaches zero.

<sup>(2)</sup> Assumes that the Protected Lifetime Withdrawal Period was never activated.

**<u>Boost</u>**

---

| | |
|:---|:---|
| | **Single/Joint** |
| **Optional Benefit Fee** | 1.50% |
| **Maximum Annual Optional Benefit Fee Adjustment (per benefit year)** | 0.40% |
| **Charge Freeze Period** | 5 years |

---

The Optional Benefit Fee is calculated as a percentage of the Protected Benefit Base (as defined in "**The Optional Benefits**" of the prospectus) and is deducted from the Contract Value. The initial Optional Benefit Fee rate is guaranteed for the Charge Freeze Period. Subsequently, the Optional Benefit Fee may change subject to the maximum rate as further explained in ***Optional Benefit Fee* in "Fees and Charges of the Contract"** of the prospectus.

---

| | |
|:---|:---|
| **Roll-Up Rate** | **Roll-Up Period** |
| 6.00% | 10 years |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Deferral Credit Period** | **Contract Value is Greater than $0** | **Contract Value is Greater than $0** | **Once Contract Value Reaches** <br> **$0 For Reason Other Than** <br> **Pre-Lifetime or Excess Withdrawal** | **Once Contract Value Reaches** <br> **$0 For Reason Other Than** <br> **Pre-Lifetime or Excess Withdrawal** |
| **Deferral Credit Period** | **Deferral Credit Rate Single** | **Deferral Credit Rate Joint** | **Deferral Credit Rate Single** | **Deferral Credit Rate Joint** |
| 5+ years | 0.40% | 0.20% | 0.20% | 0.10% |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Covered Life's<sup>(1)</sup> Age**<br> **(at the time of the first Protected Lifetime Withdrawal or Protected Lifetime Income payment<sup>(2)</sup>)** | **Contract Value is Greater than $0** | **Contract Value is Greater than $0** | **Once Contract Value Reaches** <br> **$0 For Reason Other Than** <br> **Pre-Lifetime or Excess Withdrawal** | **Once Contract Value Reaches** <br> **$0 For Reason Other Than** <br> **Pre-Lifetime or Excess Withdrawal** |
| **Covered Life's<sup>(1)</sup> Age**<br> **(at the time of the first Protected Lifetime Withdrawal or Protected Lifetime Income payment<sup>(2)</sup>)** | **Maximum Protected Annual Withdrawal Rate** | **Joint Option** <br> **for Maximum Protected Annual Withdrawal Rate**<br> **(as applied to the younger Covered Life)** | **Maximum Protected Annual Withdrawal Rate** | **Joint Option** <br> **for Maximum Protected Annual Withdrawal Rate**<br> **(as applied to the younger Covered Life)** |
| 45-59 | 4.50% | 4.00% | 3.00% | 3.00% |
| 60-64 | 5.75% | 5.25% | 3.00% | 3.00% |
| 65-69 | 8.70% | 8.20% | 3.50% | 3.25% |
| 70-74 | 8.95% | 8.45% | 3.50% | 3.25% |
| 75-79 | 9.20% | 8.70% | 3.50% | 3.25% |
| 80+ | 9.30% | 8.80% | 3.50% | 3.25% |

---

<sup>(1)</sup> The Maximum Protected Annual Withdrawal Rate is determined based on the age of the Covered Life at the time of the first Protected Lifetime Withdrawal or Protected Lifetime Income payment. If the single option is elected, the Annuitant is the Covered Life. If the joint option is elected and the Annuitant and the Annuitant's spouse are added as Covered Lives, then the younger Covered Life's age will be used.

<sup>(2)</sup> Assumes that the Protected Lifetime Withdrawal Period was never activated.

**StarStream<sup>®</sup>**

Flexible Premium Deferred Variable Annuity

Issued by Depositor

**AuguStar<sup>®</sup> Life Insurance Company** 

in all states except in New York

**AuguStar Variable Account A**

**Prospectus**

May 18, 2026

StarStream<sup>®</sup> is an individual flexible premium deferred variable annuity contract ("Contract") issued by AuguStar Life Insurance Company (the "Company", "We", "Our" and "Us"). This prospectus describes all material terms and material state variations of the Contract, including the investment options and Optional Benefits We currently offer. The Contract provides for the accumulation of retirement savings and income in addition to income protection for You and death benefits for Your Beneficiaries. You accumulate value by investing in the Variable Portfolios and Fixed Accounts listed in "**Appendix A – Investment Options Available Under the Contract."**

This prospectus explains the Contract's key features, benefits, rights, and obligations, current as of the date above. If material terms change later, updates will appear in a supplement. **Please read this prospectus and any supplements, including the accompanying Rate Sheet Supplement, carefully.**

The Contract is a complex investment and involves risks, including potential loss of principal. The Contract is not a short-term investment. It is not suitable for investors needing ready access to cash. Withdrawals may trigger withdrawal charges, fees, taxes, and tax penalties. Optional Benefits contain limitations on withdrawals that, if exceeded, may have a significant negative impact on the value of the benefit and may cause the benefit to terminate prematurely.

Our ability to meet Contract obligations depends on Our financial strength and claims-paying capacity.

If You are a new investor in the Contract, You may cancel Your Contract within 10 days of receiving it without paying fees or penalties. In some states, this cancellation period may be longer. Upon cancellation, You will receive either a full refund of the amount You paid with Your application or Your total Contract Value. You should review this prospectus, or consult with Your investment professional, for additional information about the specific cancellation terms that apply.

**Neither the Securities and Exchange Commission (SEC) nor any state securities commission has approved or disapproved these securities or passed upon the adequacy of this prospectus. It is a criminal offense to represent otherwise. We do not intend for this prospectus to be an offer to sell or a solicitation of an offer to buy these securities in any state where this is not permitted.** 

**The Contracts are not insured by the FDIC or any other agency. They are not deposits or other obligations of any bank and are not bank guaranteed. They are subject to investment risks and possible loss of principal.**

Additional information about certain investment products, including variable annuities, has been prepared by the SEC's staff and is available at Investor.gov.

If You have questions about Your Contract, call Your financial representative or contact Us at 888.925.6446, visiting www.augustarfinancial.com/starstream, or writing Us at One Financial Way, Montgomery, Ohio 45242.

**Table of Contents**

---

| | |
|:---|:---|
| Glossary | 5 |
| Overview of the Contract | 9 |
| &nbsp;&nbsp;&nbsp;Purpose | 9 |
| &nbsp;&nbsp;&nbsp;Phases of the Contract | 9 |
| &nbsp;&nbsp;&nbsp;Contract Features | 10 |
| Important Information You Should Consider About the Contract | 12 |
| Fees and Expenses Table | 16 |
| &nbsp;&nbsp;&nbsp;Transaction Expenses | 16 |
| &nbsp;&nbsp;&nbsp;Annual Contract Expenses | 16 |
| &nbsp;&nbsp;&nbsp;Annual Underlying Funds Expenses | 18 |
| Buying the Contract | 18 |
| &nbsp;&nbsp;&nbsp;Purchasing the Contract | 18 |
| &nbsp;&nbsp;&nbsp;Crediting of Purchase Payments | 20 |
| &nbsp;&nbsp;&nbsp;Allocation of Purchase Payments | 20 |
| &nbsp;&nbsp;&nbsp;Right to Examine Period | 21 |
| Making Withdrawals: Accessing Your Money in Your Contract | 21 |
| &nbsp;&nbsp;&nbsp;Accessing Your Money | 21 |
| &nbsp;&nbsp;&nbsp;Required Minimum Distributions ("RMD") | 23 |
| &nbsp;&nbsp;&nbsp;Systematic Withdrawals | 24 |
| Benefits Available Under the Contract | 26 |
| &nbsp;&nbsp;&nbsp;Optional Benefits Available for Election | 26 |
| &nbsp;&nbsp;&nbsp;Standard Benefits (included in the Contract at no additional charge) | 30 |
| Optional Benefits | 31 |
| &nbsp;&nbsp;&nbsp;Overview of Optional Benefits | 31 |
| &nbsp;&nbsp;&nbsp;Pre-Lifetime Withdrawal | 34 |
| &nbsp;&nbsp;&nbsp;Protected Lifetime Withdrawal | 35 |
| &nbsp;&nbsp;&nbsp;Protected Lifetime Income | 36 |
| &nbsp;&nbsp;&nbsp;Maximum Protected Annual Withdrawal (MPAW) | 37 |
| &nbsp;&nbsp;&nbsp;Deferral Credit | 38 |
| &nbsp;&nbsp;&nbsp;Impact of Excess Withdrawals on the Optional Benefits | 39 |
| &nbsp;&nbsp;&nbsp;Spousal Continuation of the Optional Benefit | 40 |
| &nbsp;&nbsp;&nbsp;Termination of the Optional Benefit | 42 |
| Standard Benefits Included in the Contract | 47 |
| &nbsp;&nbsp;&nbsp;Return of Purchase Payment Death Benefit | 48 |
| &nbsp;&nbsp;&nbsp;Enhanced Dollar Cost Averaging | 50 |
| &nbsp;&nbsp;&nbsp;Rebalancing | 51 |
| &nbsp;&nbsp;&nbsp;Spousal Continuation | 51 |
| Fees and Charges of the Contract | 52 |
| &nbsp;&nbsp;&nbsp;Base Contract Fee | 53 |
| &nbsp;&nbsp;&nbsp;Annual Contract Fee | 53 |

---

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;Transfer Fee | 53 |
| &nbsp;&nbsp;&nbsp;Withdrawal Charge | 53 |
| &nbsp;&nbsp;&nbsp;Free Withdrawal Amount | 54 |
| &nbsp;&nbsp;&nbsp;Premium Taxes | 55 |
| &nbsp;&nbsp;&nbsp;Optional Benefit Fee | 55 |
| Principal Risks of Investing in the Contract | 58 |
| The Contract in General | 61 |
| Determining the Contract Value | 64 |
| &nbsp;&nbsp;&nbsp;Accumulation Unit Value | 65 |
| &nbsp;&nbsp;&nbsp;Purchase, Transfer or Redemption Orders | 68 |
| Income Phase | 69 |
| Federal Income Taxes | 73 |
| Investment Options | 77 |
| &nbsp;&nbsp;&nbsp;Fixed Accounts | 77 |
| &nbsp;&nbsp;&nbsp;Variable Portfolios | 80 |
| &nbsp;&nbsp;&nbsp;Voting Rights | 82 |
| Important Information | 82 |
| &nbsp;&nbsp;&nbsp;AuguStar Life Insurance Company | 82 |
| &nbsp;&nbsp;&nbsp;AuguStar Variable Account A | 83 |
| &nbsp;&nbsp;&nbsp;Principal Underwriter | 83 |
| &nbsp;&nbsp;&nbsp;Financial Statements | 84 |
| &nbsp;&nbsp;&nbsp;Legal Proceedings | 84 |
| Appendix A – Investment Options Available Under the Contract | 85 |
| Appendix B – Optional Benefit Investment Requirements | 90 |
| Appendix C – Contract Types and Tax Information | 93 |
| Appendix D – Optional Benefit Examples | 99 |
| Appendix E – State Availability and/or Variations | 105 |

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**Glossary**

We have capitalized some of special terms that are used in this prospectus. Additional special terms are defined elsewhere in the prospectus, including in the "**Optional Benefits – Glossary**".

**Accumulation Units** – A unit of measure used to compute the variable portion of Your Contract Value during the accumulation phase.

**Annuitant** – The natural person whose life is used to determine the Annuity Income Payments on the Annuity Payout Date and when any death benefit will be paid under this Contract.

**Annuity Payout Date** – The date on which Annuity Income Payments begin.

**Annuity Income Payments** – income payment(s) the payee receives under the available annuity options after You annuitize Your Contract.

**Beneficiary** – The person(s) or entity(ies) designated by the owner to receive the death benefit, if any.

**Contract Value** – the sum of: (a) Your share of the Variable Portfolios' Accumulation Values; and (b) the value of amounts, if any, allocated to any available Fixed Account Option(s).

**Death Benefit Adjustment -** An amount, if any, by which adjusted Purchase Payments exceed the Contract Value for purposes of determining the return of purchase payment death benefit.

**Fixed Account** – An account, if available, in which You may invest Purchase Payments and earn a fixed rate of return and is an obligation of the general account.

**Enhanced Dollar Cost Averaging (EDCA)** – An automatic transfer program under which a specified dollar amount or percentage of Contract Value is systematically transferred from the EDCA Fixed Account to one or more eligible Variable Portfolios on a periodic basis.

**Good Order** – The necessary, complete, and accurate forms and/or information that You are required to provide to Us so that We may complete a requested transaction.

**Guaranteed Minimum Interest Rate** – The minimum interest rate guaranteed to be credited to any available Fixed Account.

**Latest Annuity Payout Date** – The date upon which Annuity Income Payments must begin or that the Contract Value must be fully withdrawn. The Latest Annuity Payout Date is based on the Annuitant's date of birth.

**Market Close** – The close of the New York Stock Exchange ("NYSE") on business days, excluding holidays, usually at 4:00pm Eastern Time. A business day is considered a day other than a Saturday, Sunday, federal holiday, or a day when the NYSE is officially closed.

**Optional Benefit** – A benefit that You may elect, designed to help create guaranteed withdrawals or income for life and provide some protection against certain financial risks. An Optional Benefit may provide a death benefit that does not reduce for certain withdrawals.

**Purchase Payments** – The money You give Us to buy and invest in the Contract.

**Rate Sheet Supplement** – A supplement to the prospectus that provides the terms for the Optional Benefits when You purchase the Contract.

**Separate Account–** AuguStar Variable Account A ("VAA"), a segregated asset account maintained by Us separately from Our general account. The Separate Account consists of Variable Portfolios investing in shares of Underlying Funds.

**Trust(s)** – Collectively refers to the AuguStar<sup>®</sup> Variable Insurance Products Fund, Inc, AIM Variable Insurance Funds (Invesco Variable Insurance Funds), American Funds Insurance Series<sup>®</sup>, Fidelity<sup>®</sup> Variable Insurance Products, Franklin Templeton Variable Insurance Products Trust, Goldman Sachs Variable Insurance Trust, Ivy Variable Insurance Portfolios, Janus Aspen Series, MFS<sup>®</sup> Variable Insurance Trust, and PIMCO Variable Insurance Trust.

**Underlying Fund** – The underlying investment portfolios of the Trusts in which a Variable Portfolio invests.

**Valuation Period** – The period of time from determination of one Accumulation Unit value or annuity unit value to the next determination. A Valuation Period usually ends at Market Close. The Valuation Period may end sooner to correspond to earlier closing of the New York Stock Exchange. Accumulation Unit value and annuity unit values for each annuity period are determined at the end of that Valuation Period.

**Variable Portfolio(s)** – A variable investment option available under the Contract. Each Variable Portfolio, which is a subaccount of the Separate Account, invests in shares of one of the Underlying Funds. Each Underlying Fund has its own investment objective.

**We, Us, Our, the Company, AuguStar, AuguStar Life** – AuguStar Life Insurance Company.

**You, Your** – The owner.

**Optional Benefits Glossary**

Below is a glossary of Optional Benefit terms offered in the Contract.

**Benefit Date** – The date that an Optional Benefit becomes effective.

**Benefit Date Anniversary** – A reoccurring date that occurs on the same date monthly, quarterly (a consecutive three (3) month period), or yearly from the Benefit Date.

**Benefit Year** – Beginning on the Benefit Date, each one year period (365 days) that an Optional Benefit remains in-force.

**Charge Freeze Period** – The period in which We guarantee that the Optional Benefit Fee will not change.

**Covered Life(ves)** – The person or persons whose lifetime withdrawals or income are guaranteed.

**Deferral Credit Rate** – A percentage added to the Maximum Protected Annual Withdrawal Rate, if withdrawals are deferred for the Deferral Credit Period(s).

**Deferral Credit Period** – The period(s) of time after which the Deferral Credit Rate will be applied if withdrawals are deferred.

**Excess Withdrawal** – Any withdrawal that is taken in a Benefit Year after the Protected Lifetime Withdrawal Period has commenced and exceeds the greater of the Maximum Protected Annual Withdrawal or the required minimum distribution amount calculated by the Company. An Excess Withdrawal will cause the Protected Benefit Base and the Maximum Protected Annual Withdrawal to be reduced and may result in termination of the Optional Benefit and the Contract.

**Investment Requirements** – If You elect an Optional Benefit, You must be invested in accordance with certain requirements outlined in "**Appendix B – Optional Benefit Investment Requirements**."

**Maximum Annual Optional Benefit Fee Adjustment** – The maximum rate the Optional Benefit Fee may be adjusted by in any Benefit Year, after the Charge Freeze Period.

**Maximum Annual Protected Death Benefit Fee Adjustment** – The maximum rate the Protected Death Benefit Fee may be adjusted by in any Benefit Year, after the Protected Death Benefit Charge Freeze Period.

**Maximum Optional Benefit Fee** – The maximum rate that the Optional Benefit Fee may be increased to, after the Charge Freeze Period.

**Maximum Protected Annual Withdrawal (MPAW)** – The maximum amount that may be withdrawn or taken as income each Benefit Year after entering the Protected Lifetime Withdrawal Period or the Protected Lifetime Income Period.

**Maximum Protected Annual Withdrawal Rate ("MPAW Rate")** – The percentage used to calculate the MPAW amount; it is an age-based percentage that is locked in at the commencement of the Protected Lifetime Withdrawal Period and/or the Protected Lifetime Income Period.

**Maximum Protected Death Benefit Fee** – The maximum rate that the Protected Death Benefit Fee may be increased to, after the Protected Death Benefit Charge Freeze Period.

**Optional Benefit Fee** – The fee assessed for providing an Optional Benefit.

**Pre-Lifetime Withdrawal** – A one-time only withdrawal election to have the withdrawal not treated as a Protected Lifetime Withdrawal. This must be taken, if at all, prior to the Protected Lifetime Withdrawal Period. Pre-Lifetime Withdrawal will cause the Protected Benefit Base and the Maximum Protected Annual Withdrawal to be reduced.

**Protected Benefit Base –** The value used to determine the fee and the maximum amount that may be withdrawn or taken as income each Benefit Year after entering the Protected Lifetime Withdrawal Period or the Protected Lifetime Income Period.

**Protected Death Benefit** – A death benefit equal to the greater of the Protected Death Benefit Base or the Contract Value.

**Protected Death Benefit Base** – The value used to determine the Protected Death Benefit.

**Protected Death Benefit Charge Freeze Period** - The period in which We guarantee that the Protected Death Benefit Fee will not change.

**Protected Death Benefit Fee** – The fee assessed for providing the Protected Death Benefit, in addition to the Optional Benefit Fee.

**Protected Lifetime Withdrawal** – Any withdrawal amounts up to the greater of the MPAW or required minimum distributions (RMD) amount, as applicable for a Benefit Year during the Protected Lifetime Withdrawal Period.

**Protected Lifetime Withdrawal Period** – The period that begins when the first Protected Lifetime Withdrawal is taken and continues until the Optional Benefit enters the Protected Lifetime Income Period or is terminated.

**Protected Fixed Account** – A Fixed Account available only with the Optional Benefits, to which You are required to allocate to, and which earns a fixed rate of return.

**Protected Lifetime Income Period** – The period beginning at the earlier of the date the Contract Value is reduced to zero (0) not due to Excess Withdrawals or the Latest Annuity Payout Date during which the Protected Lifetime Income Amount is paid.

**Protected Lifetime Income Amount** – The annual income amount paid during the Protected Lifetime Income Period that is equal to the MPAW amount.

**Roll-Up Base –** A calculation value used to determine the Protected Benefit Base which is in turn used to determine the guaranteed withdrawal and income amounts that may be increased by a simple interest rate during a limited period if required conditions are met.

**Roll-Up Calculation Base** – The initial Protected Benefit Base plus any subsequent Purchase Payments and reduced proportionally for the Pre-Lifetime Withdrawal or any Excess Withdrawals.

**Roll-Up Period** – Beginning on the Benefit Date, the maximum period of time that the Roll-Up Rate will apply.

**Roll-Up Rate** – The simple interest rate used to calculate the roll-up during the Roll-Up Period provided no withdrawals (except the Pre-Lifetime Withdrawal) have occurred during the twelve-month period that follows the prior yearly Benefit Date Anniversary.

**Step-Up Base** – A calculation value used to determine the Protected Benefit Base which is in turn used to determine the guaranteed withdrawal and income amounts that may be reset to a higher Contract Value on applicable Benefit Date Anniversaries.

**Overview of the Contract**

***Purpose***

This Contract is designed to help You save for retirement or other long-term goals by offering a range of investment options during the accumulation phase.

It can also provide:

● **A Death Benefit** to protect Your chosen Beneficiaries.

● **Optional Benefits** that provide for lifetime withdrawal and income guarantees, subject to conditions.

● **Annuity Income Payments** that can provide steady income during retirement.

This Contract is best suited for people with long-term financial goals. It may not be appropriate for You if You expect to need Your money in the short term.

***Phases of the Contract***

The Contract has two phases: (1) an accumulation (savings) phase, prior to the Annuity Payout Date; and (2) an income phase, after the Annuity Payout Date.

**Accumulation Phase.** To help You accumulate assets during the accumulation phase, You can invest Your Purchase Payments and Contract Value in:

● **Variable Portfolios** available under the Contract, each of which invests in an Underlying Fund with its own investment objective, strategies, and risks; investment advisor(s); expense ratio; and performance history; and

● **Fixed Account(s)**, if available, which guarantees principal and a minimum interest rate.

**Additional information about each Variable Portfolio and Fixed Account is provided in "Appendix A** – **Investment Options Available Under the Contract."** 

**Income Phase**. You can start the income phase by electing to annuitize Your Contract and turn Your Contract Value into a stream of income payments (Annuity Income Payments). Annuitizing Your Contract ends the accumulation phase. At the time of annuitization, You will elect the duration of the Annuity Income Payments—either for a fixed period of time or for the duration of the last Annuitant's life. You also elect whether the Annuity Income Payments will be fixed or variable. After annuitization begins, the only value associated with the Contract is the Annuity Income Payments. Additionally, once the Contract is annuitized, there is no death benefit. This means that upon the death of the last Annuitant, all payments stop and the Contract terminates, unless the particular annuitization option provides otherwise. If You elect an Optional Benefit, You may enter the income phase by annuitizing the Contract; however, Your Optional Benefit will terminate, and Your remaining Contract Value will be applied to the selected annuity option. If Your Contract is still in the accumulation phase on the Latest Annuity Payout Date, Your Optional Benefit will automatically enter the Protected Lifetime Income Period and Your remaining Contract Value will be forfeited to Us. Alternatively, You could elect to annuitize Your Contract and apply Your remaining Contract Value to an annuity option. You can also make a full withdrawal of the Contract Value on the Latest Annuity Payout Date, if the Contract is still in the accumulation phase and if the withdrawal request is received by Market Close by or before the Latest Annuity Payout Date in Good Order.

***Contract Features***

**Enhanced Dollar Cost Averaging**. At no additional charge, You may participate in Enhanced Dollar Cost Averaging, which automatically transfers a dollar amount or percentage of money from the EDCA Fixed Account to pre-selected Variable Portfolios. Please refer to ***Enhanced Dollar Cost Averaging*** in **"Standard Benefits Included in the Contract"**. Certain restrictions apply.

**Deposits to the Account**. You can apply additional Purchase Payments to the Contract until the Annuity Payout Date, subject to certain restrictions. Please refer to **"Buying the Contract"**.

**Withdrawals from the Contract.** You can withdraw some or all of Your Contract Value at any time prior to annuitization, subject to certain restrictions. A withdrawal charge may apply, as well as taxes and tax penalties. Withdrawals may also reduce the value of Your Contract's benefits (including the death benefit and any Optional Benefit), by an amount that could be greater than the amount withdrawn and could result in the termination of the benefit. After annuitization, withdrawals are not permitted unless otherwise specified by the applicable annuity option.

**Standard Death Benefit**. If the Annuitant dies during the accumulation phase, the Beneficiary will receive the return of purchase payment death benefit which offers the greater of the (a) Contract Value or (b) Purchase Payments proportionally reduced for withdrawals. There is no additional charge for this death benefit.

**Spousal Continuation**. If the surviving spouse chooses to continue the Contract and becomes the sole owner and Annuitant, the surviving spouse's Beneficiary will receive the death benefit upon the death of the surviving spouse, subject to certain conditions. Please refer to ***Spousal Continuation*** in **"Standard Benefits Included in the Contract"**.

**Tax Deferral**. Your Purchase Payments accumulate earnings, if any, on a tax-deferred basis. This means Your earnings are not taxed until You take money out of Your Contract, such as when (1) You take a withdrawal; (2) You receive an Annuity Income Payment (or Protected Lifetime Income Amount under an Optional Benefit), or (3) upon payment of a death benefit.

**Rebalancing**. At no additional charge, You can elect to automatically reallocate Your Contract Value among Your Variable Portfolios periodically to maintain Your selected allocation percentages. Please refer to ***Rebalancing*** in **"Standard Benefits Included in the Contract"**. Certain restrictions apply.

**Systematic Withdrawal.** At no additional charge, You can elect to receive periodic withdrawals from Your Contract on a monthly, quarterly, semi-annual, or annual basis. Please refer to ***Systematic Withdrawals*** in **"Making Withdrawals: Accessing Your Money in Your Contract"**. Certain restrictions apply.

**Optional Benefits.** For an additional charge, You may elect one of four optional guaranteed lifetime withdrawal benefits. If You follow the applicable rules, each Optional Benefit provides for guaranteed withdrawals each year for life (the Protected Lifetime Withdrawal) or a guaranteed income each year for life after Your annuity Contract Value is zero or You reach the Latest Annuity Payment Date (the Protected Lifetime Income Amount). Each Optional Benefit also includes a deferral credit feature. If You wait until the end of a specified period (the Deferral Credit Period) to take Your first withdrawal (a Protected Lifetime Withdrawal), You may be eligible to increase the maximum amount of Your annual permitted withdrawals by a Deferral Credit Rate, thereby increasing the amount of Your withdrawals.

You may elect only one Optional Benefit at Contract issue and upon spousal continuation, if available. The four Optional Benefits from which You can choose one, are:

● **Level** – Provides a consistent, level amount of lifetime withdrawals and income.

● **Daily** – Provides a consistent level amount of lifetime withdrawals and income with potential additional benefits as a result of quarterly step-ups looking back at the previous quarter's daily values.

● **Boost** – Provides a consistent level amount of lifetime withdrawals and income with higher withdrawals than income payments.

● **Protector** – Provides a consistent level amount of lifetime withdrawals and income with an enhanced death benefit.

**Protected Death Benefit**. If You elect the Protector Optional Benefit for an additional charge, it will include an enhanced death benefit (Protected Death Benefit) that replaces the standard death benefit. There is a second additional charge associated with the Protected Death Benefit. Under the Protected Death Benefit, Protected Lifetime Withdrawals will not reduce the death benefit's guarantee.

**Important Information You Should Consider About the Contract**

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|:---|:---|
| **Fees, Expenses, and Adjustments** | **Location in Prospectus** |

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| Are There Charges or Adjustments for Early Withdrawals? | **Yes**. If You withdraw money from the Contract within 7 years after Your last Purchase Payment, a withdrawal charge may apply. The maximum withdrawal charge is 8%, as a percentage of Purchase Payments withdrawn. For example, if You make an early withdrawal, You could pay a withdrawal charge of up to $8,000 on a $100,000 investment. This loss will be greater if there are taxes or tax penalties. | &nbsp;&nbsp;Fees and Expenses Table<br>Fees and Charges the Company Deducts – Withdrawal Charge |

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|:---|:---|:---|
| Are There Transaction Charges? | **Yes.** In addition to withdrawal charges, You may be charged for other transactions. You will be charged for each transfer after the first 25 transfers in any Contract year during the accumulation phase. There may be taxes on Purchase Payments. | &nbsp;&nbsp;Fees and Expenses Table<br>Fees and Charges the Company Deducts – Transfer Fee |

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|:---|:---|:---|:---|:---|
| Are There Ongoing Fees and Expenses? | **Yes.** The table below describes the fees and expenses that You may pay *each year*, depending on the investment options and Optional Benefits 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. | **Yes.** The table below describes the fees and expenses that You may pay *each year*, depending on the investment options and Optional Benefits 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. | **Yes.** The table below describes the fees and expenses that You may pay *each year*, depending on the investment options and Optional Benefits 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. | &nbsp;&nbsp;Fees and Expenses Table<br>Fees and Charges the Company Deducts<br>Appendix A – Investment Options Available under the Contract |
|  | **Annual Fee** | **Minimum** | **Maximum** | &nbsp;&nbsp;Fees and Expenses Table<br>Fees and Charges the Company Deducts<br>Appendix A – Investment Options Available under the Contract |
|  | 1. Base Contract | 1.31%<sup>1</sup> | 1.31%<sup>1</sup> | &nbsp;&nbsp;Fees and Expenses Table<br>Fees and Charges the Company Deducts<br>Appendix A – Investment Options Available under the Contract |
|  | 2. Underlying Fund fees and expenses | 0.50%<sup>2</sup> | 1.49%<sup>2</sup> | &nbsp;&nbsp;Fees and Expenses Table<br>Fees and Charges the Company Deducts<br>Appendix A – Investment Options Available under the Contract |
|  | 3. Optional Benefits available for an additional charge (for a single optional benefit, if elected) | See Rate Sheet Supplement <sup>3</sup> | See Rate Sheet Supplement <sup>3</sup> | &nbsp;&nbsp;Fees and Expenses Table<br>Fees and Charges the Company Deducts<br>Appendix A – Investment Options Available under the Contract |
|  | <sup>1</sup> As a percentage of the average daily net asset value in the Variable Portfolios.<br> <sup>2</sup> As a percentage of Underlying Fund average net assets, before any expense reimbursement or fee waiver arrangement.<br> <sup>3</sup> As a percentage of Protected Benefit Base.<br>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 withdrawal charges during the withdrawal charge period that substantially increase costs.** | <sup>1</sup> As a percentage of the average daily net asset value in the Variable Portfolios.<br> <sup>2</sup> As a percentage of Underlying Fund average net assets, before any expense reimbursement or fee waiver arrangement.<br> <sup>3</sup> As a percentage of Protected Benefit Base.<br>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 withdrawal charges during the withdrawal charge period that substantially increase costs.** | <sup>1</sup> As a percentage of the average daily net asset value in the Variable Portfolios.<br> <sup>2</sup> As a percentage of Underlying Fund average net assets, before any expense reimbursement or fee waiver arrangement.<br> <sup>3</sup> As a percentage of Protected Benefit Base.<br>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 withdrawal charges during the withdrawal charge period that substantially increase costs.** | &nbsp;&nbsp;Fees and Expenses Table<br>Fees and Charges the Company Deducts<br>Appendix A – Investment Options Available under the Contract |

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| **Lowest Annual Cost:**<br> **See Rate Sheet Supplement** | **Highest Annual Cost:**<br> **See Rate Sheet Supplement** |
| Assumes:<br> ● Investment of $100,000<br> ● 5% annual appreciation<br> ● Least expensive Underlying Fund fees and expenses<br> ● No Optional Benefits<br> ● No sales charges<br> ● No additional Purchase Payments, transfers or withdrawals | Assumes:<br> ● Investment of $100,000<br> ● 5% annual appreciation<br> ● Most expensive combination of Optional Benefits and Underlying Fund fees and expenses<br> ● No sales charges<br> ● No additional Purchase Payments, transfers or withdrawals |

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| **RISKS** | **RISKS** | |
| Is There a Risk of Loss from Poor Performance? | **Yes.** You can lose money by investing in this Contract. | Principal Risks of Investing in the Contract |
| Is this a Short-Term Investment? | **No.** This Contract is not designed for short-term investing and may not be appropriate for an investor who needs ready access to cash. Withdrawals from the Contract may result in withdrawal charges, taxes, and tax penalties. Withdrawals could significantly reduce the value of Your Contract and also significantly reduce or terminate Contract benefits. Tax deferral and long-term income are generally more beneficial to long-term investors. | Principal Risks of Investing in the Contract |
| What Are the Risks Associated with the Investment Options? | The Contract is subject to risk of poor investment performance and can vary depending on the performance of the Variable Portfolios. The Variable Portfolios each have their own unique risks. Investors should review the available investment options before making an investment decision. | Principal Risks of Investing in the Contract<br>More Information – Investment Options |
| What Are the Risks Related to the Insurance Company? | An investment in the Contract is subject to risks related to Us, AuguStar Life Insurance Company. Any obligations (including under the Fixed Accounts), 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. | AuguStar Life Insurance Company<br>Principal Risks of Investing in the Contract |

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|:---|:---|:---|
| **RESTRICTIONS** | **RESTRICTIONS** | |
| Are There Restrictions on the Investment Options? | **Yes.** There are restrictions that may limit the investment options that You may choose. We reserve the right to limit Your allocation of Purchase Payments to no more than 25 of the available investment options with prior written notice. We reserve the right to add, remove, or substitute Variable Portfolios. The minimum transfer amount is $300 unless the Variable Portfolio balance is less than $300, then the entire balance in that Variable Portfolio may be transferred. Your ability to transfer amounts from and to the Fixed Accounts, if available, may be restricted. We reserve the right to refuse or limit subsequent Purchase Payments. | More Information – Investment Options<br>Principal Risks of Investing in the Contract<br>Appendix A – Investment Options Available under the Contract |
| Are There any Restrictions on Contract Benefits? | **Yes.** There are restrictions and limitations relating to benefits offered under the Contract (*e.g.*, death benefits, Optional Benefits). Except as otherwise provided, a benefit may not be modified or terminated by the Company.<br>Optional Benefits are subject to Investment Requirements that limit or restrict the investment options available. If You elect an Optional Benefit, You may be required to invest a certain percentage of Your Purchase Payment and/or Contract Value in certain Variable Portfolios and the Protected Fixed Account. We reserve the right to modify any Investment Requirements in the future for prospectively issued Contracts.<br>We reserve the right to discontinue offering any Optional Benefit for new Contracts. We reserve the right to refuse or limit subsequent Purchase Payments, and We reserve the right to prohibit or limit additional Purchase Payments under certain benefits.<br>Withdrawals may significantly reduce the value of Your Contract benefits, including the death benefit.<br>Withdrawals that exceed limits specified by the terms of an Optional Benefit may reduce the Protected Benefit Base by an amount greater than the value withdrawn, and/or could terminate the Optional Benefit. | Benefits Available Under the Contract<br>Optional Benefits<br>Standard Benefits<br>Principal Risks of Investing in the Contract<br>Appendix B – Optional Benefit Investment Requirements |
| **TAXES** | **TAXES** |  |
| What Are the Contract's Tax Implications? | Consult with a tax professional to determine the tax implications of an investment in and payments received under this Contract. If the Contract is purchased through a tax-qualified plan or individual retirement account (IRA), there is no additional tax benefit. Earnings in the Contract are taxed at ordinary income tax rates at the time of withdrawal and there may be tax penalties if withdrawals are taken before You reach age 59 ½. | Taxes |

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|:---|:---|:---|
| **CONFLICTS OF INTEREST** | **CONFLICTS OF INTEREST** | |
| How Are Investment Professionals Compensated? | Your financial professional may receive compensation for selling this Contract to You in the form of commissions, revenue sharing, and other compensation programs. Accordingly, Your financial professional may have a financial incentive to offer or recommend this Contract over another investment. You should ask Your financial professional about how they are compensated. | More Information – Distribution of the Contract |
| Should I Exchange My Contract? | Some financial professionals have a financial incentive to offer an investor a new Contract in place of the one the investor already owns. An investor should only exchange a Contract if the investor determines, after comparing the features, fees, and risks of both Contracts, and any fees or penalties to terminate the existing Contract, that it is preferable for the investor to purchase the new Contract rather than continue to own the existing Contract. | More Information – Distribution of the Contract |

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**Fees and Expenses Table**

**The tables below describe the fees and expenses You will pay when You buy, own, and make a full or partial withdrawal from an investment option or Your Contract. Please refer to Your Contract's specification 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 You will pay at the time You buy the Contract, make a full or partial withdrawal from an investment option or Your Contract, or transfer Contract Value between investment options. Charges designed to approximate certain taxes that may be imposed on Us, such as premium taxes in Your state, may also apply.** 

***Transaction Expenses***

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| Withdrawal Charge (as a percentage of Purchase Payments Withdrawn)<sup>(1)</sup> | 8% |
| Transfer Fee<sup>(2)</sup> | $25 |

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<sup>(1)</sup> The withdrawal charge applies as follows:

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **<u>Number of completed years from date of Purchase Payment</u>** | 0 | 1 | 2 | 3 | 4 | 5 | 6 | 7+ |
| Withdrawal charge Rate | 8% | 8% | 7% | 6% | 5% | 4% | 3% | 0% |

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The withdrawal charge is deducted from the withdrawal amount paid. The withdrawal will reduce Your Contract Value dollar for dollar proportionally from the applicable investment options.

The Contract allows a limited amount of Contract Value to be withdrawn annually without a withdrawal charge. Please refer to ***Free Withdrawal Amount*** in the "**Fees and Charges of the Contract**" section. The maximum amount You can take as a withdrawal annually without a withdrawal charge is the greatest of: (1) 10% of Purchase Payments that are still subject to a withdrawal charge; (2) any amount withdrawn to meet required minimum distributions; or (3) for those Contracts with an Optional Benefit, withdrawals up to the MPAW.

<sup>(2)</sup> We permit 25 free transfers between Your Variable Portfolios each Contract year. This limit does not apply for transfers made pursuant to Our Enhanced Dollar Cost Averaging program or Our Rebalancing program. We may charge You $25 for each additional transfer over 25 in a Contract year.

**The next table describes the fees and expenses that You will pay *each year* during the time that You own the Contract (not including Underlying Fund fees and expenses). If You choose to purchase an Optional Benefit, You will pay additional charges, as shown below.**

***Annual Contract Expenses***

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| Annual Contract Fee <sup>(1)</sup> | $50 |
| Base Contract Expenses (as a percentage of daily net assets in the Variable Portfolios) | 1.30% |
| **Optional Benefit Fees as a percentage of the Protected Benefit Base**<sup>(2) (3)</sup> | **Optional Benefit Fees as a percentage of the Protected Benefit Base**<sup>(2) (3)</sup> |
| &nbsp;&nbsp;&nbsp;Daily – Single Covered Life | 2.50% |
| &nbsp;&nbsp;&nbsp;Daily – Joint Covered Lives | 2.50% |
| &nbsp;&nbsp;&nbsp;Level – Single Covered Life | 2.50% |
| &nbsp;&nbsp;&nbsp;Level – Joint Covered Lives | 2.50% |
| &nbsp;&nbsp;&nbsp;Protector – Single Covered Life <sup>(4)</sup> | 2.50% |
| &nbsp;&nbsp;&nbsp;Boost – Single Covered Life | 2.50% |
| &nbsp;&nbsp;&nbsp;Boost – Joint Covered Lives | 2.50% |
| **Optional Death Benefit Fee as a percentage of the Protected Death Benefit Base <sup>(5)</sup>** | **Optional Death Benefit Fee as a percentage of the Protected Death Benefit Base <sup>(5)</sup>** |
| &nbsp;&nbsp;&nbsp;Protected Death Benefit Single covered Life <sup>(4)</sup> | 1.50% |

---

<sup>(1)</sup> A $50 Annual Contract Fee is assessed on each Contract anniversary and upon full withdrawal of the Contract. This charge reimburses Us for administrative fees involved in issuing and maintaining the Contract. If on any Contract anniversary (or on the date of a full withdrawal) the Contract Value is $50,000 or more, We will waive the Annual Contract Fee.

<sup>(2)</sup> This table discloses the guaranteed maximum charge for each Optional Benefit. For new Optional Benefit elections, current charges for the Optional Benefits are disclosed in the Rate Sheet Supplement. During the Charge Freeze Period, We will not increase the Optional Benefit fee. Thereafter, We may increase the Optional Benefit Fee by the Maximum Annual Optional Benefit Fee Adjustment amount up to the Maximum Optional Benefit Fee as identified in the Rate Sheet Supplement. More information about the Charge Freeze Period and adjustment to the Maximum Optional Benefit Fee may be found in ***Optional Benefit Fe*e** of **"Fees and Charges of the Contract"**. You may elect only one Optional Benefit.

Other than increases to the Protected Death Benefit Fee, You can opt out of the fee increase. If You choose to opt out of a fee increase, there will be no future benefit feature increases (such as roll-ups, step-ups, and Deferral Credit Rates). If an Optional Benefit is terminated, the fee(s) for the benefit will no longer be charged.

<sup>(3)</sup> The Protected Benefit Base is a value used to determine Your Protected Lifetime Withdrawals and Protected Lifetime Income Amounts and the fees for Your Optional Benefits. It is adjusted over time by Purchase Payments, step-ups, or roll-ups and reduced proportionally by Excess and Pre-Lifetime Withdrawals. It is not the same as Your Contract Value. Please refer to the ***Protected Benefit Base*** in "**Optional Benefits**". During the Charge Freeze Period, We will not increase the Protected Death Benefit fee.

 

<sup>(4)</sup> Protector and the Protected Death Benefit are not available for Joint Covered Lives. If You elect Protector, You will pay both the Optional Benefit Fee and the Protected Death Benefit Fee. The Protected Death Benefit Fee is only applicable to Protector. You cannot opt out of increases to the Protected Death Benefit Fee.

<sup>(5)</sup> The Protected Death Benefit Base is a value used to determine Your Protected Death Benefit. It is not the same as Your Contract Value. Please refer to ***Protector*** in "**Optional Benefits**".

**The next table shows the minimum and maximum total operating expenses charged by the Underlying Funds 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. A complete list of Underlying Funds available under the Contract, including their annual expenses, may be found at the back of this document. Please refer to "Appendix A – Investment Options Available Under the Contract".**

***Annual Underlying Funds Expenses***

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| | | |
|:---|:---|:---|
| | **Minimum** | **Maximum** |
| (expenses that are deducted from Underlying Fund assets, including management fees, distribution and/or service (12b-1) fees, and other expenses) | 0.50% | 1.49% |

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**<u>Example</u>**

**This Example is intended to help You compare the cost of investing in the Variable Portfolios with the cost of investing in other annuity Contracts that offer variable options. These costs include transaction expenses, annual Contract expenses, and annual Underlying Fund expenses.** 

**The Example assumes all Contract Value is allocated to the Variable Portfolios. Your costs could differ from those shown below if You invest in Fixed Accounts.** 

**The Example assumes that You invest $100,000 in the Variable Portfolios 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 Underlying Fund 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:**

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| | | | | |
|:---|:---|:---|:---|:---|
| | **1 year** | **3 years** | **5 years** | **10 years** |
| **If You fully withdraw Your Contract at the end of the applicable time period** | $12790 | $22390 | $32451 | $72676 |
| **If You annuitize at the end of the applicable time period** | $4790 | $15390 | $27451 | $72676 |
| **If You do *not* fully withdraw Your Contract** | $4790 | $15390 | $27451 | $72676 |

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**Buying the Contract**

***Purchasing the Contract***

 ****

To purchase the Contract, You must submit Your initial Purchase Payment and required paperwork in Good Order to Us through a financial professional. All Contracts must have a single Annuitant.

If You do not elect an Optional Benefit, the minimum and maximum age (determined at the time the application(s) is signed) based on the Annuitant is 18-85 years old.

If You elect an Optional Benefit, the minimum and maximum ages (determined at the time the application(s) is signed) to issue the Contract are as follows:

**Single Covered Life**

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| | | |
|:---|:---|:---|
| | **Minimum Age** <br> **(based on the** <br> **Covered Life)** | **Maximum Age** <br> **(based on the** <br> **Covered Life)** |
| **Level, Daily, and Boost** | 45 | 85 |
| **Protector** | 45 | 75 |

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For a single Covered Life, the Covered Life is the Annuitant who must be the owner.

**Joint Covered Lives**

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| | | |
|:---|:---|:---|
| | **Minimum Age** <br> **(based on the younger** <br> **Covered Life)** | **Maximum Age** <br> **(based on the** <br> **older Covered Life)** |
| **Level, Daily, and Boost** | 45 | 85 |
| **Protector** | N/A | N/A |

---

For joint Covered Lives, the Covered Lives are the Annuitant and their spouse on the Benefit Date. The spouse must be named joint owner or the primary Beneficiary. The Contract will be issued based on the Annuitant's age; however, the minimum age eligibility will be based on the younger Covered Life, and the maximum age eligibility will be based on the older Covered Life.

***Minimum Purchase Payments***

You must make an initial Purchase Payment to purchase the Contract. Your initial Purchase Payment will be Your initial investment in the Contract. After the Contract is issued, during the accumulation phase, You can make subsequent Purchase Payments, which would be additional investments in the Contract.

The table below shows the Purchase Payment minimums under the Contract.

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| | | | |
|:---|:---|:---|:---|
| | **Minimum Initial<br> Purchase Payment** | **Minimum Subsequent<br> Purchase Payment** | **Minimum Automatic Bank Draft Subsequent**<br> **Purchase Payment** |
| **Qualified Contracts** | $10000 | $300 | $300 |
| **Non-Qualified Contracts** | $10000 | $500 | $300 |

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The maximum Purchase Payment is $1,000,000 without Our approval. The maximum Purchase Payment is measured per life, which includes the Annuitant, You (and a joint Owner, if applicable). The $1,000,000 per life limit is measured across all variable annuities issued by Us.

If an Optional Benefit is elected, additional Purchase Payments after the first year Benefit Anniversary will be limited to $50,000 per Benefit Year without Our prior approval. In addition, the total Protected Benefit Base for a Covered Life cannot exceed $10 million (the "Optional Benefit Maximum"). This limit applies in aggregate across all Contracts with a guaranteed living benefit You have with Us and Our affiliates, including Contracts issued prior to January 2026. We may limit the additional Purchase Payments to Your Contract.

***Crediting of Purchase Payments***

***Initial Purchase Payment****.* Upon acceptance of Your application(s), if all information necessary for issuing a Contract and processing Your initial Purchase Payment is in Good Order before Market Close, We will credit the Purchase Payment to Your Contract based on the Accumulation Unit value that day. If We receive all information necessary for issuing a Contract and processing Your initial Purchase Payment in Good Order after Market Close or on a non-business day, We will credit the Purchase Payment to Your Contract based on the Accumulation Unit value on the next business day. If We do not receive everything necessary to make the application(s) in Good Order within five business days, We will return the Purchase Payment to You unless You specifically consent to having Us retain the Purchase Payment until the necessary information is received. Please refer to "**Accumulation Unit Value**".

Generally, initial Purchase Payments are allocated according to Your instructions on the application(s). However, in some cases, We will allocate initial Purchase Payments to the money market portfolio during the right to examine period. After the right to examine period, We will reallocate the Contract Value among the investment options based on the instructions contained on the application(s).

Unless otherwise prohibited by law, no Contract is effective until the Purchase Payment is received, and the Contract is issued during the lifetime of the Annuitant. If the Annuitant dies before the Contract is issued and We are not notified at Our home office of the Annuitant's death, Our sole obligation is to return the Purchase Payments received to You or Your estate upon notice and proof of the death of the Annuitant.

***Subsequent Purchase Payments.*** If We receive a subsequent Purchase Payment in Good Order on a business day before Market Close, We will credit the Purchase Payment to Your Contract that day. If We receive a subsequent Purchase Payment in Good Order after Market Close or on a non-business day, We will credit the Purchase Payment to Your Contract on the next business day.

***Allocation of Purchase Payments***

To purchase the Contract, You must provide Us with instructions in Good Order on how to allocate Your initial Purchase Payment among the available investment options (*i.e.*, available Variable Portfolios and Fixed Accounts). You may allocate Your Purchase Payments to the Investment Options outlined in "**Appendix A – Investment Options Available Under the Contract**." We reserve the right to limit Your allocation of Purchase Payments to no more than 25 of the available investment options with prior written notice. The amount You allocate to any Variable Portfolio or to Fixed Account(s) must equal a whole percent.

After the Contract is issued, if You make a subsequent Purchase Payment, You may provide Us with instructions on how to allocate that Purchase Payment among the available investment options. If Your instructions are not in Good Order, Your Purchase Payment may be rejected. In the absence of instructions, Your Purchase Payment will be allocated in accordance with Your standing allocation instructions.

You may change Your standing allocation instructions for future Purchase Payments at any time by sending written notice to Our home office. Such changes are not deemed effective until received by Us at Our home office. If new allocation instructions in Good Order accompany a subsequent Purchase Payment, those allocation instructions will automatically become Your standing allocation instructions unless You instruct Us otherwise.

You will be subject to restrictions on allocations if You purchase an Optional Benefit. Please refer to "**Appendix B – Optional Benefit Investment Requirements"**.

***Right to Examine Period***

We deem You to receive the Contract and the right to examine period to begin 10 days after We mail the Contract. You may revoke the Contract at any time until the end of 10 days after You receive it (or such longer period as may be required by Your state law) and get a refund of the Contract Value as of the date of cancellation. To revoke, We must receive a written request at Our home office (the address listed on the first page of the prospectus) by 4:00 p.m. eastern time on the last day of the right to examine period. In some states, We are required to return the greater of Purchase Payments received during the right to examine period or Contract Value as of the Valuation Period the request for return the Contract is received by Our Home Office. For Contracts issued in such states, We reserve the right to allocate all Purchase Payments received during the right to examine period to a money market portfolio. On the next Valuation Period after the expiration of the right to examine period, We will allocate Your assets in the money market portfolio to Your requested investment options. For IRAs, You may get a refund of the greater of Your Purchase Payments or the current Contract Value. Please refer to "**Appendix E – State Availability and/or Variations**" about the right to examine period in Your state.

**Making Withdrawals: Accessing Your Money in Your Contract**

***Accessing Your Money***

You have several ways to access Your Contract Value before Annuity Income Payments begin. You may take partial withdrawals from Your Contract at any time or, depending on Your specific situation, set up systematic withdrawals. You may also request a full withdrawal of Your Contract and receive Your Contract Value, less withdrawal charges and fees, at any time during the accumulation phase.

If We receive a withdrawal request in Good Order on a business day before Market Close, We will process the request that day. If We receive the request in Good Order on a business day after Market Close, or on a non-business day, We will process the request the next business day. We will generally send You the withdrawal amount You request and We will deduct any applicable fees and charges, from Your withdrawal amount.

Withdrawals under the Contract may be subject to withdrawal charges, taxes, and tax penalties. Withdrawals will reduce Your Contract Value and may reduce the Contract's benefits, including the death benefit and any Optional Benefit.

If You elect an Optional Benefit, a Pre-Lifetime Withdrawal (a one-time withdrawal before the Protected Lifetime Withdrawal Period) and any Excess Withdrawal (a withdrawal during the Protected Lifetime Withdrawal Period in excess of the Maximum Protected Annual Withdrawal or the required minimum distribution amount) will reduce Your benefit. The reduction to Your benefit could be greater than the amount withdrawn and could result in the termination of Your benefit.

If You take withdrawals via electronic funds transfer, You may withdraw less than $100. Otherwise, Your withdrawal must be at least $100. You must make all withdrawal requests by providing notice to Us. A withdrawal charge may then apply and is taken from the total amount withdrawn. Please refer to ***Withdrawal Charge*** in **"Fees and Charges of the Contract"**.

Unless You specify otherwise, the withdrawal will be made pro-rata from the values in each Variable Portfolio. If You elect an Optional Benefit, Your withdrawals will be made pro-rata from Your values in each Variable Portfolio and the Protected Fixed Account, if applicable. We will surrender Accumulation Units proportionally from the Variable Portfolios and the Protected Fixed Account, if applicable, as of the date of the withdrawal request is in Good Order. The amount You may withdraw is the Contract Value less any withdrawal charge and any premium tax charge that may apply. In the case of a full withdrawal, We subtract any Contract Fee. We will pay You within seven days after We receive Your request. However, We may defer payment of the Protected Fixed Account or EDCA Fixed Account values as described below. For possible tax consequences of a withdrawal, please refer to "**Federal Income Tax**".

If You request a withdrawal which includes Contract Values derived from Purchase Payments that have not yet cleared the banking system, We may delay mailing the portion relating to such payments until Your check has cleared.

Your right to withdraw may be suspended or the date of payment postponed:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) for any period during which the NYSE is closed (other than customary weekend and holiday closings) or during which the Commission has restricted trading on the NYSE;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) for any period during which an emergency, as determined by the SEC, exists as a result of which disposal of securities held in a Fund is not reasonably practical, or it is not reasonably practical to determine the value of a Fund's net assets; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) such other periods as the SEC may order to protect security holders.

The minimum Contract Value is $5,000. If the Contract Value goes below $5,000, the remaining Contract Value will be paid and the Contract will terminate; provided, however, We will not exercise this right if You have an Optional Benefit.

If Your Contract Value is reduced to zero, Your Contract will terminate unless You have purchased an Optional Benefit that provides for continuation of benefits, and You are in compliance with the Optional Benefit's terms for continuation. Certain Optional Benefits permit You to take withdrawals that will reduce Your Contract below the Contract minimum. Please refer to "**Optional Benefits"**.

**Waiver of the Withdrawal Charge** 

Each Contract year You can withdraw a certain amount from Your Contract without incurring a withdrawal charge. Please refer to ***Free Withdrawal Amount*** in **"Fees and Charges of the Contract"**.

**When to Expect Payments** 

Generally, We will fulfill requests for payments out of the Variable Portfolios within seven calendar days after the business day the transaction request is received by Us in Good Order. Although We generally expect to make payments from Our general account within the same timeframe, to the extent permitted by state law, We may defer the payment of amounts from Our general account for up to six months.

***Required Minimum Distributions ("RMD")***

Withdrawals made under this Contract may be utilized to satisfy RMDs for the sole purpose of meeting Internal Revenue Code ("IRC") required minimum distributions for this Contract as long as the following conditions are met:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. The Contract is a qualified contract;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. It is subject to the minimum distribution requirements under the RMD regulations under the IRC;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. It is the calendar year following the year in which You reach the required beginning age as defined by the IRC;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. You provide Us with the prior year's December 31 Contract Value if Purchase Payments are funds from another contract; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. The RMD amount is calculated by Us.

Like any other withdrawal, RMDs will reduce the Contract Value by the withdrawal amount. RMDs are calculated on a calendar year basis. Any withdrawals in a Contract year that exceed Your RMD will be considered an Excess Withdrawal. To elect monthly RMDs, You must provide Us notice on or before January 25 of the calendar year. Monthly payment dates must be on or before the 25<sup>th</sup> day of each month. If the date You elect is not the end of a Valuation Period (generally, a day when the NYSE is open), We will make the payment on, and as of, the end of the next applicable Valuation Period. Once You elect monthly RMDs, You cannot revoke it. You may elect to not take monthly withdrawals by providing Us with notice, but You will not be able to take that withdrawal later and still have it qualify as an RMD. If You do later take such withdrawal, the entire withdrawal will be considered an Excess Withdrawal.

If You die and Your spouse elects to continue the Contract, the spouse may revoke monthly RMDs by providing notice to Us within 30 days of the later of the date of spousal continuation or December 31 of the calendar year in which You died. If Your spouse revokes monthly RMDs, he or she may elect monthly RMDs in the future when he or she is required to take RMDs from the Contract. If Your spouse continues the Contract, is eligible for monthly RMDs and does not revoke monthly RMD, he or she will continue to receive monthly RMDs with the applicable RMD amount based on the continuing spouse's age beginning in the calendar year after the Annuitant dies.

We reserve the right to modify or eliminate RMDs if there is any change in the IRC or IRS Rules relating to required minimum distributions, including the issuance of relevant IRS guidance.

***Systematic Withdrawals***

Systematic withdrawals provide for automatic periodic withdrawals of Your Contract Value and may continue indefinitely unless changed or canceled by the owner. Depending on the withdrawal type elected, systematic withdrawals may be paid on a monthly, quarterly, semi-annual, or annual basis. They are available prior to the Latest Annuity Payout Date.

Systematic withdrawals are taken pro rata from the investment options in which the Contract Value is invested at the time of the withdrawal, unless otherwise required under the terms of an elected Optional Benefit or applicable tax rules. Systematic withdrawals must be elected by submitting a completed withdrawal request form acceptable to Us. The minimum withdrawal amount is $100. Please refer to ***Protected Lifetime Income*** in **"Optional Benefits"**.

**Systematic Withdrawals of Required Minimum Distributions ("RMDs")** 

If Your Contract is a Qualified Contract, or if You are a Beneficiary of certain inherited contracts, federal tax law may require RMDs. We calculate RMDs in accordance with the IRC, generally using the Contract Value as of December 31 of the prior year and an IRS prescribed life expectancy factor. The calculation may reflect the actuarial present value of future guaranteed benefits, such as an Optional Benefit. For certain inherited contracts, Beneficiary RMDs generally must begin in the year following the original owner's death. Systematic RMD payments may be made monthly, quarterly, semiannually, or annually. Please refer to ***Required Minimum Distributions ("RMD")*** in **"Making Withdrawals: Accessing Your Money in Your Contract"**.

**72(t) Substantially Equal Systematic Withdrawals**

Section 72(t) of the IRC permits certain owners under age 59½ to take substantially equal periodic withdrawals without an early withdrawal tax penalty, subject to strict requirements. Once started, withdrawals generally must continue until the later of age 59½ or five years. Withdrawals must be calculated using an IRS permitted method. We calculate withdrawals under the amortization and annuitization methods; if the RMD method is elected, You provide the calculated amount. Changes are permitted only in limited circumstances, and improper changes may result in adverse tax consequences.

**Systematic Withdrawals of the Free Withdrawal Amount**

You may elect systematic withdrawals based on the free withdrawal amount available under the Contract, which is generally the portion of Contract Value that may be withdrawn without a Withdrawal Charge. Withdrawals may be made monthly, quarterly, semiannually, or annually. After the Withdrawal Charge period ends, withdrawals generally continue based on the free withdrawal percentage applied to the Contract Value as of each Contract anniversary. Please refer to ***Free Withdrawal Amount* in the "Fees and Charges of the Contract"**.

**Optional Benefits and Systematic Withdrawals**

If You elect an Optional Benefit, withdrawals under that benefit may be taken as systematic withdrawals. These withdrawals are based on the Protected Benefit Base and are limited to the MPAW for each Benefit Year, as described in **"Optional Benefits"**. Payments may be made on a monthly, quarterly, semiannual, or annual basis.

The treatment of systematic withdrawals upon entry into the Protected Lifetime Income Period, including any immediate withdrawal to satisfy the MPAW for the Benefit Year and the commencement of Protected Lifetime Income payments, is described in ***Protected Lifetime Income*** in **"Optional Benefits"**. Once Protected Lifetime Income payments begin, payments are governed exclusively by the Optional Benefit and the terms applicable to the Protected Lifetime Income Period.

Withdrawals under an Optional Benefit are noncumulative. Excess withdrawals (withdrawals in excess of MPAW) other than withdrawals required to satisfy required minimum distribution rules may reduce or terminate the Optional Benefit and future guarantees. Please refer to ***Excess Withdrawals*** and ***Protected Lifetime Income*** in **"Optional Benefits"**.

**Benefits Available Under the Contract**

***The following table summarizes information about the benefits available under the Contract.***

***Optional Benefits Available for Election***

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| | | | |
|:---|:---|:---|:---|
| **Name of<br> Benefit** | **Purpose** | **Maximum<br> Optional<br> Benefit Fee\*** | **Brief Description of Restrictions/Limitations** |
| **Level** | Provides a consistent, level amount of lifetime withdrawals and income. | 2.50% (as a percentage of the Protected Benefit Base) | ●&nbsp;&nbsp;&nbsp;&nbsp;May be elected only at time of Contract issue or on Contract anniversary upon spousal continuation. <br> ●&nbsp;&nbsp;&nbsp;&nbsp;Restricted to Covered Lives of certain ages. For a single Covered Life, the minimum age is 45 and the maximum age is 85, based on the Covered Life. For joint Covered Lives, the minimum age (based on the younger Covered Life) is 45 and the maximum age is 85 (based on the older Covered Life). <br> ●&nbsp;&nbsp;&nbsp;&nbsp;All withdrawals prior to the Protected Lifetime Income Period are withdrawals of Your own Contract Value (not payments from Our assets. There may be minimal chance of outliving Your Contract Value and receiving Protected Lifetime Income Amounts from Us. <br> ●&nbsp;&nbsp;&nbsp;&nbsp;Only one Pre-Lifetime Withdrawal is available. A Pre-Lifetime Withdrawal or an Excess Withdrawal during the Protected Lifetime Withdrawal Period may significantly reduce or terminate the Benefit. A reduction to Your benefit could be more than the amount withdrawn.<br> ●&nbsp;&nbsp;&nbsp;&nbsp;Fee may be increased after the Charge Freeze Period; opting out of a fee increase will affect the benefit and the Contract. <br> ●&nbsp;&nbsp;&nbsp;&nbsp;Roll-ups to Roll-Up Base do not apply after the Roll-Up Period expires. <br> ●&nbsp;&nbsp;&nbsp;&nbsp;Subsequent Purchase Payments after Benefit Year 1 will reduce the Deferral Credit Rate.<br> ●&nbsp;&nbsp;&nbsp;&nbsp;Investment Requirements apply.<br> ●&nbsp;&nbsp;&nbsp;&nbsp;Purchase Payments may be subject to additional restrictions. <br> ●&nbsp;&nbsp;&nbsp;&nbsp;Subject to termination conditions. |
| **Daily** | Provides a consistent level amount of lifetime withdrawals and income with potential additional benefits as a result of quarterly step-ups looking back at the previous quarter's daily values. | 2.50% (as a percentage of the Protected Benefit Base) | ●&nbsp;&nbsp;&nbsp;&nbsp;May be elected only at time of Contract issue or on Contract anniversary upon spousal continuation. <br> ●&nbsp;&nbsp;&nbsp;&nbsp;Restricted to Covered Lives of certain ages. For a single Covered Life, the minimum age is 45 and the maximum age is 85, based on the Covered Life. For joint Covered Lives, the minimum age (based on the younger Covered Life) is 45 and the maximum age is 85 (based on the older Covered Life).  |

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| | | | |
|:---|:---|:---|:---|
| **Name of<br> Benefit** | **Purpose** | **Maximum<br> Optional<br> Benefit Fee\*** | **Brief Description of Restrictions/Limitations** |
|  |  |  | ●&nbsp;&nbsp;&nbsp;&nbsp;All withdrawals prior to the Protected Lifetime Income Period are withdrawals of Your own Contract Value (not payments from Our assets). There may be minimal chance of outliving Your Contract Value and receiving Protected Lifetime Income Amounts from Us. <br> ●&nbsp;&nbsp;&nbsp;&nbsp;Only one Pre-Lifetime Withdrawal is available. A Pre-Lifetime Withdrawal or an Excess Withdrawal during the Protected Lifetime Withdrawal Period may significantly reduce or terminate the benefit. A reduction to Your benefit could be more than the amount withdrawn. <br> ●&nbsp;&nbsp;&nbsp;&nbsp;Fee may be increased after the Charge Freeze Period; opting out of a fee increase will affect the benefit and the Contract. <br> ●&nbsp;&nbsp;&nbsp;&nbsp;Roll-ups to Roll-Up Base do not apply after the Roll-Up Period expires. <br> ●&nbsp;&nbsp;&nbsp;&nbsp;Subsequent Purchase Payments after Benefit Year 1 will result in an adjusted Deferral Credit Rate to be added to the MPAW Rate, if applicable.<br> ●&nbsp;&nbsp;&nbsp;&nbsp;Investment Requirements apply.<br> ●&nbsp;&nbsp;&nbsp;&nbsp;Purchase Payments may be subject to additional restrictions.<br> ●&nbsp;&nbsp;&nbsp;&nbsp;Subject to termination conditions.<br> ●&nbsp;&nbsp;&nbsp;&nbsp;No guarantee that more frequent Step-up opportunities will increase Your Benefit. <br>|
| **Boost** | Provides a consistent level amount of lifetime withdrawals and income with higher withdrawals than income payments. | 2.50% (as a percentage of the Protected Benefit Base)<br>| ●&nbsp;&nbsp;&nbsp;&nbsp;May be elected only at time of Contract issue or on Contract anniversary upon spousal continuation. <br> ●&nbsp;&nbsp;&nbsp;&nbsp;Restricted to Covered Lives of certain ages. For a single Covered Life, the minimum age is 45 and the maximum age is 85, based on the Covered Life. For joint Covered Lives, the minimum age (based on the younger Covered Life) is 45 and the maximum age is 85 (based on the older Covered Life).<br> ●&nbsp;&nbsp;&nbsp;&nbsp;All withdrawals prior to the Protected Lifetime Income Period are withdrawals of Your own Contract Value (not payments from Our assets. There may be minimal chance of outliving Your Contract Value and receiving Protected Lifetime Income Amounts from Us. <br> ●&nbsp;&nbsp;&nbsp;&nbsp;Only one Pre-Lifetime Withdrawal is available. A Pre-Lifetime Withdrawal or an Excess Withdrawal during the Protected Lifetime Withdrawal Period may significantly reduce or terminate the Benefit. A reduction to Your benefit could be more than the amount withdrawn.<br> ●&nbsp;&nbsp;&nbsp;&nbsp;Fee may be increased after the Charge Freeze Period; opting out of a fee increase will affect the benefit and the Contract.  |

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| | | | |
|:---|:---|:---|:---|
| **Name of<br> Benefit** | **Purpose** | **Maximum<br> Optional<br> Benefit Fee\*** | **Brief Description of Restrictions/Limitations** |
|  |  |  | ●&nbsp;&nbsp;&nbsp;&nbsp;Maximum Protected Annual Withdrawal Rates during the Protected Lifetime Income Period are lower than rates during the Protected Lifetime Withdrawal Period.<br> ●&nbsp;&nbsp;&nbsp;&nbsp;Roll-ups to Roll-Up Base do not apply after the Roll-Up Period expires. <br> ●&nbsp;&nbsp;&nbsp;&nbsp;Subsequent Purchase Payments after Benefit Year 1 will result in an adjusted Deferral Credit Rate to be added to the MPAW Rate, if applicable.<br> ●&nbsp;&nbsp;&nbsp;&nbsp;Investment Requirements apply.<br> ●&nbsp;&nbsp;&nbsp;&nbsp;Purchase Payments may be subject to additional restrictions.<br> ●&nbsp;&nbsp;&nbsp;&nbsp;Subject to termination conditions.<br>|
| **Protector**<br>**Protected Death Benefit** | Provides a consistent level amount of lifetime withdrawals and income with an enhanced death benefit. | 2.50% (as a percentage of the Protected Benefit Base)<br><u>and</u><br>1.50% (as a percentage of the Protected Death Benefit Base) | ●&nbsp;&nbsp;&nbsp;&nbsp;No guarantee that the death benefit will become payable, that the amount paid would be greater than the standard death benefit.<br> ●&nbsp;&nbsp;&nbsp;&nbsp;May be elected only at time of Contract issue or on Contract anniversary upon spousal continuation. <br> ●&nbsp;&nbsp;&nbsp;&nbsp;Restricted to owners between ages 45 and 75.<br> ●&nbsp;&nbsp;&nbsp;&nbsp;All withdrawals prior to the Protected Lifetime Income Period are withdrawals of Your own Contract Value (not payments from Our assets). There may be minimal chance of outliving Your Contract Value and receiving Protected Lifetime Income Amounts from Us. <br> ●&nbsp;&nbsp;&nbsp;&nbsp;An additional fee applies to the Protected Death Benefit. <br> ●&nbsp;&nbsp;&nbsp;&nbsp;Only one Pre-Lifetime Withdrawal is available. A Pre-Lifetime Withdrawal or an Excess Withdrawal during the Protected Lifetime Withdrawal Period may significantly reduce or terminate the benefits. A reduction to Your benefits could be more than the amount withdrawn.<br> ●&nbsp;&nbsp;&nbsp;&nbsp;Fees may be increased after the Charge Freeze Period; opting out of a fee increase will affect the Benefit and the Contract. <br> ●&nbsp;&nbsp;&nbsp;&nbsp;Roll-ups to the Roll-Up Base do not apply after the Roll-Up Period expires. <br> ●&nbsp;&nbsp;&nbsp;&nbsp;Subsequent Purchase Payments after Benefit Year 1 will result in an adjusted Deferral Credit Rate to be added to the MPAW Rate, if applicable.<br> ●&nbsp;&nbsp;&nbsp;&nbsp;Investment Requirements apply.<br> ●&nbsp;&nbsp;&nbsp;&nbsp;Purchase Payments may be subject to additional restrictions.<br> ●&nbsp;&nbsp;&nbsp;&nbsp;Joint Covered Lives option is not available. <br> ●&nbsp;&nbsp;&nbsp;&nbsp;Subject to termination conditions. |

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| | | | |
|:---|:---|:---|:---|
| **Name of<br> Benefit** | **Purpose** | **Maximum<br> Optional<br> Benefit Fee\*** | **Brief Description of Restrictions/Limitations** |
| | | | ● Protected Death Benefit will terminate if Contract Value is reduced to zero or You enter into the Protected Lifetime Income Period, but any available Protected Lifetime Income Amount would continue. |

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**\*** **Current annual charges for the Optional Benefits are provided in the Rate Sheet Supplement, which must accompany this prospectus and is also available at www.augustarfinancial.com/starstream.**

***Standard Benefits (included in the Contract at no additional charge)***

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| | | |
|:---|:---|:---|
| **Name of<br> Benefit** | **Purpose** | **Brief Description of Restrictions/Limitations** |
| **Return of Purchase Payment Death Benefit** | Provides a death benefit upon the death of Annuitant that is at least the higher of: (a) the Contract Value and (b) the total amount You paid in, proportionally reduced for any withdrawals. | ●&nbsp;&nbsp;&nbsp;&nbsp;Replaced by the Protected Death Benefit if the Protector Optional Benefit is elected.<br> ●&nbsp;&nbsp;&nbsp;&nbsp;Terminates on annuitization.<br> ●&nbsp;&nbsp;&nbsp;&nbsp;Terminates if Contract Value is reduced to zero. <br> ●&nbsp;&nbsp;&nbsp;&nbsp;Withdrawals may significantly reduce or terminate benefit.  |
| **Enhanced Dollar-Cost Averaging** | Automatically transfers a dollar amount from the EDCA Fixed Account to the pre-selected Variable Portfolio(s) on a monthly or quarterly basis. | ●&nbsp;&nbsp;&nbsp;&nbsp;Available only during the accumulation phase.<br> ●&nbsp;&nbsp;&nbsp;&nbsp;The minimum amount for each transfer out is $300. <br> ●&nbsp;&nbsp;&nbsp;&nbsp;Transfers may be made monthly or quarterly for 6-month or 12-month durations. <br> ●&nbsp;&nbsp;&nbsp;&nbsp;Transfers will not count towards the free transfer limit allowed per year. <br> ●&nbsp;&nbsp;&nbsp;&nbsp;Only applies to new Purchase Payments.  |
| **Rebalancing** | Allows You to automatically reallocate Your Contract Value among Your Variable Portfolios on a periodic basis based on Your allocation instructions | ●&nbsp;&nbsp;&nbsp;&nbsp;Available only during the accumulation phase. <br> ●&nbsp;&nbsp;&nbsp;&nbsp;Transfers are available quarterly, semi-annually, or annually. <br> ●&nbsp;&nbsp;&nbsp;&nbsp;Transfers will not count towards the free transfer limit allowed per year. <br> ●&nbsp;&nbsp;&nbsp;&nbsp;Contract Value allocated to the Fixed Accounts will not be included in rebalancing. |
| **Spousal Continuation** | Allows a surviving spouse to continue the Contract instead of receiving an immediate death benefit. | ●&nbsp;&nbsp;&nbsp;&nbsp;Available only to a surviving spouse and only if certain ownership and Annuitant conditions are met. <br> ●&nbsp;&nbsp;&nbsp;&nbsp;No death benefit is paid at the time of continuation; instead, the death benefit value becomes the starting value of the continued Contract and future benefits are based on the spouse's age at continuation. <br> ●&nbsp;&nbsp;&nbsp;&nbsp;Only one spousal continuation is permitted per Contract. <br> ●&nbsp;&nbsp;&nbsp;&nbsp;Additional conditions may apply if an Optional Benefit is in effect.  |
| **Owner Directed Payout** | Allows an owner to specify, in advance, how a death benefit will be paid to the Beneficiary, subject to applicable law. | ●&nbsp;&nbsp;&nbsp;&nbsp;Payout instructions must comply with federal tax laws and other applicable requirements. <br> ●&nbsp;&nbsp;&nbsp;&nbsp;Certain options are available only for non-qualified Contracts and may be subject to timing, eligibility, and Beneficiary limitations. <br> ●&nbsp;&nbsp;&nbsp;&nbsp;Instructions may not apply or may be changed if a Beneficiary or successor owner continues the Contract under certain options.  |

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**Optional Benefits**

***Overview of Optional Benefits***

This section describes the Level, Daily, Boost and Protector Optional Benefits, each of which may be elected for an additional charge. One Optional Benefit may be elected either at time of Contract issue or on a Contract anniversary upon spousal continuation.

With the Optional Benefits, You can receive lifetime withdrawals (the Protected Lifetime Withdrawals) or lifetime income payments (Protected Lifetime Income) if You satisfy certain requirements. Additionally, if You wait longer to begin taking withdrawals, You may receive a higher benefit with a Deferral Credit. Generally, when You start receiving withdrawals, the maximum amount You receive will be locked-in. However, You are allowed a one-time withdrawal without locking in Your future withdrawals or income payments (the Pre-Lifetime Withdrawal). A Pre-Lifetime Withdrawal or Excess Withdrawal may proportionately reduce or prematurely terminate Your Optional Benefit.

**A proportionate reduction may result in a reduction to Your benefit that could be more than the amount withdrawn. A proportionate reduction is a reduction made by applying the same percentage decrease as the decrease to Contract Value. For example, assume Your Contract Value is $90,000 and Your Protection Benefit Base is $100,000. You take a Pre-Lifetime Withdrawal of $4,500. Your Protected Benefit Base is reduced in the same proportion as the reduction to the Contract Value ($4,500 / $90,000) which is 5%. The new Protected Benefit Base is $95,000 ($100,000 minus $100,000 x 5%).**

You can only have one Optional Benefit in effect at a time. All features will be based on the age of the Covered Life or younger Covered Life for joint benefits at that time. Before choosing a benefit, talk with Your financial professional to find the one that best fits Your financial goals.

The Optional Benefits do not guarantee investment performance. We reserve the right to discontinue any Optional Benefit in the future. We may also make different versions of the Optional Benefits available for new purchasers. If an Optional Benefit is elected, additional Purchase Payments after the first yearly Benefit Anniversary will be limited to $50,000 per Benefit Year without Our prior approval. The total Protected Benefit Base for a Covered Life cannot exceed the Optional Benefit Maximum. This limit applies in aggregate across all Contracts with a guaranteed living benefit You have with Us and Our affiliates, including Contracts issued prior to January 2026.

***Protected Benefit Base***

The Protected Benefit Base is a value used to calculate the amount of lifetime withdrawals (Protected Lifetime Withdrawals) or lifetime income payments (Protected Lifetime Income Amount) available under the Optional Benefits. The Protected Benefit Base is not Your Contract Value, is not available as a lump sum, and not payable as death benefit.

All lifetime withdrawal and lifetime income amounts are determined by applying the applicable MPAW Rate (and any applicable Deferral Credit Rate) to the Protected Benefit Base.

The Protected Benefit Base is determined by related values—the Roll-Up Base and the Step-Up Base.

The Roll-Up Base is designed to increase the Protected Benefit Base over time by applying a simple interest rate (the Roll-Up Rate) when certain requirements are met.

The Step-Up Base is designed to increase the Protected Benefit Base by capturing Contract Value growth either quarterly or yearly after Your Optional Benefit starts (the Benefit Date Anniversary), subject to applicable adjustments.

Your Protected Benefit Base will be reset to the greater of the Step-Up Base or the Roll-Up Base, After the first Benefit Year and each yearly Benefit Date Anniversary, subject to the Optional Benefit maximum of $10 million. You have a yearly Benefit Date Anniversary for Level, Boost, and Protector and a quarterly Benefit Date Anniversary for Daily.

***Your Initial Protected Benefit Base***

 ****

If You elect an Optional Benefit when You buy Your Contract, Your initial Protected Benefit Base will be equal to Your initial Purchase Payments. If You elect to add an Optional Benefit through spousal continuation, Your initial Protected Benefit Base will be calculated as the Contract Value on the Benefit Date following the surviving spouse's election of a new Optional Benefit, if available. The Maximum Permitted Annual Withdrawal (MPAW) Rate will be based on the surviving spouse's age on that Benefit Date and the terms then in effect. Please refer to ***Spousal Continuation of the Optional Benefit*** in **"Optional Benefits".** 

***Adjustments to Your Protected Benefit Base***

 ****

The Protected Benefit Base will **increase** dollar-for-dollar for any subsequent Purchase Payment **on the date We receive it.**

The Protected Benefit Base will **decrease** proportionally for any Excess Withdrawals or the Pre-Lifetime Withdrawal by the same percentage the withdrawal reduced Your Contract Value **on the date the withdrawal is taken**. Please refer to ***Impact of Excess Withdrawals on the Optional Benefits*** and ***Pre-Lifetime Withdrawal*** in **"Optional Benefits**" for more information.

The Protected Benefit Base can **increase** on the applicable **Benefit Date Anniversary** to the greater of the Roll-Up Base or Step-Up Base.

The total Protected Benefit Base for a Covered Life cannot exceed $10 million (Optional Benefit Maximum). This limit applies in aggregate across all Contracts with a guaranteed living benefit You have with Us and Our affiliates. We may limit the subsequent Purchase Payments to Your Contract.

***Roll-Up Base***

Your Roll-Up Base is used to determine the Protected Benefit Base on the yearly Benefit Date Anniversary, which in turn determines the guaranteed withdrawal and income amounts. During a limited period (the Roll-Up Period), the Roll-Up Base will be increased by a simple interest rate if required conditions are met.

**Your Roll-Up Calculation Base is used solely to calculate the amount of simple interest added to the Roll-Up Base.** The initial Roll-Up Calculation Base equals the initial Protected Benefit Base, increased by any subsequent Purchase Payment and adjusted proportionally for any Pre-Lifetime Withdrawal or Excess Withdrawal.

On each subsequent Benefit Anniversary Date during the Roll-Up Period, the Roll-Up Base is recalculated as the sum of the prior Roll-Up Base and simple interest equal to the Roll-Up Rate multiplied by the Roll-Up Calculation Base. Simple interest on Subsequent Purchase Payments made during the Roll-Up Period is calculated on a prorated basis from the date of payment to the next Benefit Date Anniversary.

***Your Initial Roll-Up Base and Roll-Up Calculation Base***

 ****

Your initial Roll-Up Base and Roll-Up Calculation Base are equal to Your initial Protected Benefit Base.

***Adjustments to Your Roll-Up Base and Roll-Up Calculation Base during the Roll-Up Period***

 ****

Your Roll-Up Base will **increase** on the yearly Benefit Date Anniversary as the sum of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Your most recent Roll-Up Base; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. The simple interest (Your Roll-Up Calculation Base x Roll-Up Rate)

If You make a subsequent Purchase Payment in the middle of a Benefit Year, the simple interest will be prorated based upon the number of days from the date of the subsequent Purchase Payment to the next Benefit Date.

***Adjustments to Your Roll-Up Base and Roll-Up Calculation Base during and after the Roll-Up Period***

 ****

Your Roll-Up Base and Your Roll-Up Calculation Base will **increase** dollar-for-dollar for any subsequent Purchase Payments.

Your Roll-Up Base and Your Roll-Up Calculation Base will **decrease** proportionally for any Excess Withdrawals or the Pre-Lifetime Withdrawal by the same percentage the withdrawal reduced Your Contract Value. Please refer to ***Impact of Excess Withdrawals on the Optional Benefits*** and ***Pre-***Lifetime Withdrawal in "Optional Benefits".

Assuming You take no other withdrawals, You will still earn simple interest, but it will be based on the reduced Roll-Up Calculation Base. No matter when the Pre-Lifetime Withdrawal was taken during the year, interest will not be paid on a prorated basis.

You will only receive a roll-up to Your Protected Benefit Base if the following conditions are met:

&nbsp;&nbsp;&nbsp;&nbsp;i. You do not take a withdrawal, other than a Pre-Lifetime Withdrawal, during the Benefit Year;

&nbsp;&nbsp;&nbsp;&nbsp;ii. The Contract is still in Your Roll-Up Period;

&nbsp;&nbsp;&nbsp;&nbsp;iii. The Roll-Up Base is greater than zero; and

&nbsp;&nbsp;&nbsp;&nbsp;iv. You have not entered the Protected Lifetime Income Period.

Please refer to "**Appendix D — Optional Benefit Examples"** for roll-up examples.

***Step-Up Base***

Your Step-Up Base is a value that may be reset to a higher Contract Value on either the yearly Benefit Date Anniversary (for Level, Boost, or Protector) or quarterly Benefit Date Anniversary (for Daily).

*Your Initial Step-Up Base.*

 

Your initial Step-Up Base is equal to the initial Protected Benefit Base.

***Adjustments to Your Step-Up Base***

 ****

Your Step-Up Base will **increase** dollar-for-dollar for any subsequent Purchase Payments.

For **Level**, **Boost**, or **Protector**, Your Step-Up Base may **increase** on the yearly Benefit Date Anniversary if the Contract Value on that date is greater than Your current Step-Up Base (the "Annual Step-Up Base"). If Your Contract Value is lower than the Annual Step-Up Base, Your Step-Up Base will not change.

For **Daily**, Your Step-Up Base will **increase** on the quarterly Benefit Date Anniversary if the highest daily Contract Value in the past quarter is greater than the current Step-Up Base (the "Daily Step-Up Base"). If the daily Contract Value in the past quarter is lower than the Daily Step-Up Base, Your Step-Up Base will not change. Your Step-Up Base may **decrease** proportionally for any Excess Withdrawals or the Pre-Lifetime Withdrawal by the same percentage the withdrawal reduced Your Contract Value. Please refer to ***Impact of Excess Withdrawals on the Optional Benefits*** and ***Pre-Lifetime Withdrawal*** in "**Optional Benefits**".

Please refer to "**Appendix D — Optional Benefit Examples"** for step-up examples.

***Pre-Lifetime Withdrawal***

You may request *one* Pre-Lifetime Withdrawal without initiating the Protected Lifetime Withdrawal Period. The Pre-Lifetime Withdrawal will not lock in the MPAW Rate, will not stop the simple interest Roll-Up, and will not stop future Deferral Credits from being applied. However, the Pre-Lifetime Withdrawal will reduce the Protected Benefit Base, and consequently the MPAW amount calculated for subsequent years. The Pre-Lifetime Withdrawal will also reduce the Contract Value by the amount of the withdrawal, the return of purchase payment death benefit, and the Protected Death Benefit, if elected, as outlined below. The Pre-Lifetime Withdrawal may be subject to the Withdrawal Charges. You cannot take a Pre-Lifetime Withdrawal after You initiate the Protected Lifetime Withdrawal Period.

A Pre-Lifetime Withdrawal will cause a proportionate reduction to the Protected Benefit Base, the Roll-Up Base, the Roll-Up Calculation Base, the Step-Up Base, and the Protected Death Benefit Base as follows:

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| | | | | |
|:---|:---|:---|:---|:---|
| Reduction to Protected Benefit Base | = | Gross dollar amount of the Pre-Lifetime Withdrawal | x | Current Protected Benefit Base prior to the Pre-Lifetime Withdrawal |
| Reduction to Protected Benefit Base | = | Contract Value (prior to the Pre-Lifetime Withdrawal) | x | Current Protected Benefit Base prior to the Pre-Lifetime Withdrawal |

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| | | | | |
|:---|:---|:---|:---|:---|
| Reduction to Roll-Up Base | = | Gross dollar amount of the Pre-Lifetime Withdrawal | x | Current Roll-Up Base prior to the Pre-Lifetime Withdrawal |
| Reduction to Roll-Up Base | = | Contract Value (prior to the Pre-Lifetime Withdrawal) | x | Current Roll-Up Base prior to the Pre-Lifetime Withdrawal |

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| | | | | |
|:---|:---|:---|:---|:---|
| Reduction to Roll-Up Calculation Base | = | Gross dollar amount of the Pre-Lifetime Withdrawal | x | Current Roll-Up Calculation Base prior to the Pre-Lifetime Withdrawal |
| Reduction to Roll-Up Calculation Base | = | Contract Value (prior to the Pre-Lifetime Withdrawal) | x | Current Roll-Up Calculation Base prior to the Pre-Lifetime Withdrawal |

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| | | | | |
|:---|:---|:---|:---|:---|
| Reduction to Step-Up Base | = | Gross dollar amount of the Pre-Lifetime Withdrawal | x | Current Step-Up Base prior to the Pre-Lifetime Withdrawal |
| Reduction to Step-Up Base | = | Contract Value (prior to the Pre-Lifetime Withdrawal) | x | Current Step-Up Base prior to the Pre-Lifetime Withdrawal |
| Reduction to Protected Death Benefit Base | = | Gross dollar amount of the Pre-Lifetime Withdrawal | x | Current Protected Death Benefit Base prior to the Pre-Lifetime Withdrawal |
| Reduction to Protected Death Benefit Base | = | Contract Value (prior to the Pre-Lifetime Withdrawal) | x | Current Protected Death Benefit Base prior to the Pre-Lifetime Withdrawal |

---

A Pre-Lifetime Withdrawal can significantly reduce or terminate Your future benefit. A reduction to Your future benefit could be more than the amount withdrawn.

All Pre-Lifetime Withdrawal requests must be made on an AuguStar form which is available by contacting Customer Service. If You request a withdrawal without using the AuguStar form, the withdrawal request will be treated as an MPAW request and will not be treated as a request for the Pre-Lifetime Withdrawal.

Please refer to "**Appendix D — Optional Benefit Examples"** for Pre-Lifetime Withdrawal examples.

***Protected Lifetime Withdrawal***

Your Protected Lifetime Withdrawal is the greater of Your MPAW or required minimum distribution amount. When You take Your first Protected Lifetime Withdrawal, You will lock in Your Maximum Protected Annual Withdrawal Rate and Your Deferral Credit Rate, if applicable, and start Your Protected Lifetime Withdrawal Period. Unless You request a one-time Pre-Lifetime Withdrawal, the first withdrawal You take will be considered a Protected Lifetime Withdrawal. A Protected Lifetime Withdrawal will reduce the Contract Value by the amount of the withdrawal.

The Protected Lifetime Withdrawal Period continues until:

&nbsp;&nbsp;&nbsp;&nbsp;(i) The Optional Benefit is terminated in accordance with the Optional Benefit's rider or the spousal continuation rider (refer
to  ***Termination of the Optional Benefit*** in *"* **Optional Benefits** *"*); or

&nbsp;&nbsp;&nbsp;&nbsp;(ii) When the Optional Benefit enters into the Protected Lifetime Income Period.

If You take a Protected Lifetime Withdrawal and You are still in the Roll-Up Period, You will not receive a roll-up in that Benefit Year. However, if You do not take a withdrawal during the Benefit Year and You otherwise qualify for a roll-up, You may receive a roll-up during the Protected Lifetime Withdrawal Period. Subsequent Purchase Payments submitted after the first Protected Lifetime Withdrawal will increase the Protected Benefit Base, Roll-Up Base, Roll-Up Calculation Base, and Step-Up Base by the amount of the Purchase Payment.

***Protected Lifetime Income***

 ****

The Protected Lifetime Income Period will begin if Your Protected Benefit Base is greater than zero, on the earlier of:

&nbsp;&nbsp;&nbsp;&nbsp;(i) The Latest Annuity Payout Date; or

&nbsp;&nbsp;&nbsp;&nbsp;(ii) The date that the Contract Value is reduced to zero (other than by an Excess Withdrawal or a Pre-Lifetime Withdrawal).

When You enter the Protected Lifetime Income Period, You will immediately receive an income payment equal to the excess, if any, of the then current MPAW amount over the total withdrawals already taken during the Benefit Year. However, if You are taking systematic withdrawals, the income payments will continue until the MPAW amount for the Benefit Year has been reached. If the systematic withdrawals as scheduled do not exhaust the MPAW amount for the Benefit Year, You will immediately receive an income payment equal to the excess of the then current MPAW over the total of withdrawals already taken during the Benefit Year and those scheduled to continue for the remainder of the Benefit Year. You will then begin receiving the Protected Lifetime Income on the first day of the month following the yearly Benefit Date Anniversary of the Protected Lifetime Income Period payable until the death of the last Covered Life. Each monthly payment will equal 1/12<sup>th</sup> of the then current MPAW amount.

Once an Optional Benefit has entered the Protected Lifetime Income Period, the terms of the Contract will be adjusted as follows:

&nbsp;&nbsp;&nbsp;&nbsp;(i) You will only be entitled to payments of Protected Lifetime Income pursuant to the terms of the Optional Benefit; and

&nbsp;&nbsp;&nbsp;&nbsp;(ii) All other benefits under the Contract will terminate (*e.g.*, the death benefit will terminate, and there will be no ability
to annuitize).

Once the Optional Benefit has entered the Protected Lifetime Income Period, You will no longer be permitted to make subsequent Purchase Payments or request withdrawals. Additionally, because there is no Contract Value to annuitize, the Protected Lifetime Income Payments under the Optional Benefit become the only income stream remaining in the Contract.

***Maximum Protected Annual Withdrawal (MPAW)***

The MPAW amount is the maximum amount that can be withdrawn or taken as income from the Contract during a Benefit Year of the Protected Lifetime Withdrawal Period and the Protected Lifetime Income Period without reducing the Protected Benefit Base. The MPAW amount is calculated by multiplying the MPAW Rate, plus any applicable Deferral Credit Rate, with the Protected Benefit Base (as outlined below). **The MPAW Rates are provided in the Rate Sheet Supplement that must accompany this prospectus.**

The MPAW Rate is determined as follows:

&nbsp;&nbsp;&nbsp;&nbsp;(1) For a single Covered Life, the MPAW Rate is determined based on the age of
the Annuitant at the time of the first Protected Lifetime Withdrawal.

&nbsp;&nbsp;&nbsp;&nbsp;(2) For Joint Covered Lives (if applicable), the MPAW Rate is determined based
on the younger covered live at the time of the first Protected Lifetime Withdrawal.

The MPAW Rate will not change for the life of the Level, Daily, and Protector options after it is established; however, the MPAW amount may change if the Protected Benefit Base changes. Boost offers two applicable MPAW Rates, one for the Protected Lifetime Withdrawal Period (which will generally be relatively higher than the MPAW Rates for Level, Daily, and Protector), and a lower MPAW Rate for the Protected Lifetime Income Period. As a result, if You elect Boost, Your income payments will be lower upon entering the Protected Lifetime Income Period.

During the Protected Lifetime Withdrawal Period, the MPAW amount will be calculated as follows:

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| | | | | |
|:---|:---|:---|:---|:---|
| Maximum Protected Annual Withdrawal amount | = | (MPAW Rate + Deferral Credit Rate\*, if applicable) | x | Protected Benefit Base<br>|

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\* The Deferral Credit Rate will be adjusted to apply only to Purchase Payments made in the first Benefit Year as described in ***Deferral Credit*** in **"Optional Benefits"**.

You can elect to set up systematic withdrawals or request each Protected Lifetime Withdrawal up to the MPAW, separately. All Protected Lifetime Withdrawals must be made on an AuguStar form(s) by contacting the Service Center.

The MPAW is non-cumulative. You may not take all or any portion of a previous Benefit Year's MPAW amount in a subsequent Benefit Year without causing an Excess Withdrawal that will reduce the Protected Benefit Base.

Please refer to "**Appendix D — Optional Benefit Examples"** for MPAW examples.

***Deferral Credit***

If You take Your first Protected Lifetime Withdrawal after an applicable Deferral Credit Period, a Deferral Credit Rate will be added to the MPAW Rate. Different Deferral Credit Rates may apply to different Optional Benefits and Deferral Credit Periods. **The Deferral Credit Rates and Deferral Credit Periods are disclosed in the Rate Sheet Supplement that must accompany this prospectus.**

The Deferral Credit Rate is only applicable to the Purchase Payments made in the first Benefit Year and if subsequent Purchase Payments are made after the first Benefit Year, the Deferral Credit Rate will be reduced as follows:

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| | | | | |
|:---|:---|:---|:---|:---|
| Adjusted Deferral Credit Rate | = | Deferral Credit Rate | x | Purchase Payments made in<br> the first Benefit Year |
|  |  |  |  | Total Purchase Payments |

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The Deferral Credit Rate or the adjusted Deferral Credit Rate will then be added to the MPAW Rate as outlined in ***Maximum Protected Annual Withdrawal (MPAW)*** in **"Optional Benefits"**. Please refer to "**Appendix D — Optional Benefit Examples"** for a Deferral Credit example.

***Required Minimum Distribution ("RMD") and the Optional Benefits***

The Internal Revenue Code ("IRC") requires IRAs, SEP IRAs, Savings Incentive Match Plan for Employees Individual Retirement Accounts ("Simple IRAs"), and Investment-Only contracts to begin distributions no later than April 1 of the calendar year following the calendar year in which You reach age 73 (age 72 if born after June 30, 1949 and before January 1, 1951, or age 70 ½ if born before July 1, 1949). If You are subject to minimum required distribution rules, You may still be able to take withdrawals of higher MPAW amounts if You meet Company requirements as further explained below. Consult a qualified tax advisor.

A withdrawal made under this Contract may be utilized to satisfy RMDs as long as the following conditions are met:

&nbsp;&nbsp;&nbsp;&nbsp;1. The Contract is a Qualified Contract;

&nbsp;&nbsp;&nbsp;&nbsp;2. It is subject to the minimum distribution requirements under the RMD regulations of the IRC;

&nbsp;&nbsp;&nbsp;&nbsp;3. It is the calendar year following the year in which You reach the required beginning age as defined by the IRC;

&nbsp;&nbsp;&nbsp;&nbsp;4. You provide Us with the prior year's December 31<sup>st</sup> Contract Value if Purchase Payments are funds from another Contract;

&nbsp;&nbsp;&nbsp;&nbsp;5. The Protected Lifetime Withdrawal Period has started;

&nbsp;&nbsp;&nbsp;&nbsp;6. The RMD amount is calculated by Us; and

&nbsp;&nbsp;&nbsp;&nbsp;7. The total amount of withdrawal does not exceed (a) or (b), where:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) is the remaining MPAW from January 1<sup>st</sup> through the yearly Benefit Date Anniversary; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) is the greater of the MPAW and the RMD, from the yearly Benefit Date Anniversary through December 31<sup>st</sup>.

If the amount withdrawn is larger than (a) or (b) above, the amount in excess would be considered an Excess Withdrawal.

Like any other withdrawal, RMDs will reduce the Contract Value by the amount of the withdrawal.

RMDs are calculated on a calendar year basis while Your MPAW amount is calculated on a Benefit Year basis. To elect monthly RMDs, You must provide Us notice on or before January 25 of the calendar year in which you want to take withdrawals. Monthly payment dates must be on or before the 25<sup>th</sup> day of each month. If the date You elect is not the end of a Valuation Period (generally, a day when the NYSE is open), We will make the payment on, and as of, the end of the next applicable Valuation Period. If You elect monthly RMDs, We will automatically pay You the greater of Your RMD or Your MPAW on a monthly basis. Once You elect monthly RMDs, You cannot revoke it. You may elect to not take monthly withdrawals by providing Us with notice, but You will not be able to take that withdrawal later and still have it qualify as an RMD. If You do later take such withdrawal, the entire withdrawal will be considered an Excess Withdrawal.

If You die and Your spouse elects to continue the Contract, the spouse may revoke monthly RMDs by providing notice to Us within 30 days of the later of the date of spousal continuation or December 31 of the calendar year in which You died. If Your spouse revokes monthly RMDs, he or she may elect monthly RMDs in the future when he or she is required to take RMDs from the Contract. If Your spouse continues the Contract, is eligible for monthly RMDs and does not revoke monthly RMDs, he or she will continue to receive monthly RMDs with the applicable RMD amount based on the continuing spouse's age beginning in the calendar year after You die.

Withdrawals made under section 72(t) or section 72(q) of the Code are not considered RMDs for purposes of preserving the guarantees under the Optional Benefits. Such withdrawals that exceed the MPAW amount will have the same effect as any withdrawal or Excess Withdrawal as described and may cause a significant impact to Your benefit.

We reserve the right to modify or eliminate RMDs if there is any change to the Code or IRS Rules relating to required minimum distributions, including the issuance of relevant IRS guidance. If We exercise this right, We will provide notice to You and any withdrawals in excess of the MPAW amount will reduce the Protected Benefit Base.

***Impact of Excess Withdrawals on the Optional Benefits***

During the Protected Lifetime Withdrawal Period, You are permitted to withdraw Contract Value in excess of that year's MPAW amount (an Excess Withdrawal) provided the Contract Value is greater than $0. However, Excess Withdrawals will reduce Your Optional Benefit, perhaps significantly. Excess Withdrawals will proportionately reduce the Protected Benefit Base, Roll-Up Base, Roll-Up Calculation Base, Step-Up Base, and Protected Death Benefit Base (if applicable). Each of these reductions could be greater than the amount of the Excess Withdrawal.

Immediately upon taking an Excess Withdrawal, the Protected Benefit Base, Roll-Up Base, Roll-Up Calculation Base, Step-Up Base, and Protected Death Benefit Base will be reduced as follows:

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| | | | | |
|:---|:---|:---|:---|:---|
| Reduction to Protected Benefit Base | = | Gross dollar amount of the Excess Withdrawal | x | Current Protected Benefit Base prior to the Excess Withdrawal |
| Reduction to Protected Benefit Base | = | Contract Value (prior to the Excess Withdrawal) | x | Current Protected Benefit Base prior to the Excess Withdrawal |

---

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| | | | | |
|:---|:---|:---|:---|:---|
| Reduction to Roll-Up Base | = | Gross dollar amount of the Excess Withdrawal | x | Current Roll-Up Base prior to the Excess Withdrawal |
| Reduction to Roll-Up Base | = | Contract Value (prior to the Excess Withdrawal) | x | Current Roll-Up Base prior to the Excess Withdrawal |

---

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| | | | | |
|:---|:---|:---|:---|:---|
| Reduction to Roll-Up Calculation Base | = | Gross dollar amount of the Excess Withdrawal | x | Current Roll-Up Calculation Base prior to the Excess Withdrawal |
| Reduction to Roll-Up Calculation Base | = | Contract Value (prior to the Excess Withdrawal) | x | Current Roll-Up Calculation Base prior to the Excess Withdrawal |

---

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| | | | | |
|:---|:---|:---|:---|:---|
| Reduction to Step-Up Base | = | Gross dollar amount of the Excess Withdrawal | x | Current Step-Up Base prior to the Excess Withdrawal |
| Reduction to Step-Up Base | = | Contract Value (prior to the Excess Withdrawal) | x | Current Step-Up Base prior to the Excess Withdrawal |

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| | | | | |
|:---|:---|:---|:---|:---|
| Reduction to Protected Death Benefit Base | = | Gross dollar amount of the Excess Withdrawal | x | Current Protected Death Benefit Base prior to the Excess Withdrawal |
| Reduction to Protected Death Benefit Base | = | Contract Value (prior to the Excess Withdrawal) | x | Current Protected Death Benefit Base prior to the Excess Withdrawal |

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In situations where the Protected Benefit Base exceeds the Contract Value, the Excess Withdrawal will typically result in a greater reduction to the Protected Benefit Base than the Excess Withdrawal's dollar value.

In situations where only a portion of a withdrawal constitutes an Excess Withdrawal, the amount of the withdrawal that is not an Excess Withdrawal shall first be deducted from the Contract Value to determine the Contract Value prior to the Excess Withdrawal.

Please refer to "**Appendix D — Optional Benefit Examples"** for an Excess Withdrawal example.

***Spousal Continuation of the Optional Benefit***

If available, the surviving spouse may have the option to (1) continue the Optional Benefit elected at Contract issue; (2) elect a different Optional Benefit, or (3) to add a new Optional Benefit available as of the Continuation Date (as defined below). Spousal continuation of an Optional Benefit must be elected within 28 days of Us receiving proof of death.

The "Continuation Date" is the date We receive, in Good Order:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) The surviving spouse's written request to continue the Contract; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) Due Proof of Death.

*<u>Single Covered Life</u>*

 

If the Optional Benefit provided for a Single Covered Life, the surviving spouse may:

&nbsp;&nbsp;&nbsp;&nbsp;(i) Continue the Contract without an Optional Benefit; or

&nbsp;&nbsp;&nbsp;&nbsp;(ii) Elect a new Optional Benefit available as of the Continuation Date.

If an Optional Benefit is available and added by the surviving spouse, the new Benefit Date will be the Contract anniversary after the surviving spouse elects the Optional Benefit. The surviving spouse's initial Protected Benefit Base will be the Contract Value on the new Benefit Date. The Optional Benefit will be added based on the terms, including fees, features and rates, in effect on the new Benefit Date. The MPAW Rate will be based on the surviving spouse's age on the new Benefit Date.

*<u>Joint Covered Lives</u>*

 

If the Optional Benefit provided for Joint Covered Lives, the surviving spouse may continue the Optional Benefits subject to the following conditions:

&nbsp;&nbsp;&nbsp;&nbsp;(i) The surviving spouse elects to continue the Optional Benefit within the maximum spousal continuation election period; and

&nbsp;&nbsp;&nbsp;&nbsp;(ii) No previous surviving spouse elected spousal continuation.

The maximum spousal continuation election period begins after We receive Due Proof of Death and will be shown in Your Contract specifications. The surviving spouse for an Optional Benefit provided for Joint Covered Lives will not have the ability to elect a new available Optional Benefit.

Under the spousal continuation of a joint Covered Life, the initial Protected Benefit Base will equal the greater of:

&nbsp;&nbsp;&nbsp;&nbsp;(i) the Contract Value after applying any applicable Death Benefit Adjustment (the death benefit value); or

&nbsp;&nbsp;&nbsp;&nbsp;(ii) the Protected Benefit Base as of the Continuation Date.

Please refer to ***Death Benefit Adjustment*** in "**Glossary**" and ***Return of Purchase Payment Death Benefit*** in **"Standard Benefits Included in the Contract"** for details.

The MPAW Rate will depend on whether the death of the applicable Covered Life occurred before or after the Contract entered the Protected Lifetime Withdrawal Period. If the death occurs before the Contract entered the Protected Lifetime Withdrawal Period, We will use the surviving spouse's age to determine the MPAW Rate. If the death occurs after the Contract entered the Protected Lifetime Withdrawal Period, the MPAW Rate will not change.

Spousal continuation of the Contract is permitted only one time.

***Termination of the Optional Benefit***

This Optional Benefit will terminate automatically upon the earliest occurrence of any of the following:

&nbsp;&nbsp;&nbsp;&nbsp;1. the date the Contract is terminated in accordance with its terms, unless otherwise provided in this Optional Benefit;

&nbsp;&nbsp;&nbsp;&nbsp;2. a full withdrawal of the Contract Value;

&nbsp;&nbsp;&nbsp;&nbsp;3. an Excess Withdrawal or Pre-Lifetime Withdrawal that reduces the Protected Benefit Base to zero;

&nbsp;&nbsp;&nbsp;&nbsp;4. Our receipt of Due Proof of death of the last Covered Life;

&nbsp;&nbsp;&nbsp;&nbsp;5. the effective date of Your request to cancel this Optional Benefit as specified below;

&nbsp;&nbsp;&nbsp;&nbsp;6. annuitization of the Contract, other than entering the Protected Lifetime Income Period; or

&nbsp;&nbsp;&nbsp;&nbsp;7. a change in Contract owner or assignment of the Contract, **unless**:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o the new owner or assignee assumes full ownership of the Contract and is essentially the same person (for example, a change from individual
ownership to a personal revocable trust, a change to the Contract owner's spouse during the Contract owner's lifetime, or
a change to a court appointed guardian representing the Contract owner during the Contract owner's lifetime);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o ownership of an IRA or Roth IRA is changed between custodians or between the Covered Life and a custodian;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o the assignment is made solely to affect a tax-free exchange of the Contract under Section 1035 of the Internal Revenue Code, in which
case this Optional Benefit may continue during the temporary assignment period and will not terminate unless and until the Contract is
fully withdrawn; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o the new owner is the Annuitant's spouse pursuant to a permitted spousal continuation rider.

If the surviving spouse is the sole Beneficiary of the Contract, We receive due proof of death but do not receive written notice electing a permitted spousal continuation at the same time; and the only reason this Optional Benefit would otherwise terminate is the death of the Annuitant, We will reinstate this Optional Benefit if We receive written notice electing a permitted spousal continuation rider on or before the maximum spousal continuation election date shown in the Contract specifications.

You may elect to cancel the Optional Benefit upon the 7<sup>th</sup> Anniversary of the Benefit Date, or later, the Optional Benefit can be cancelled at any time during the 90 calendar days following the beginning of the Contract Year and the cancellation will be effective as of the current date.

Upon termination of this Optional Benefit for any reason, the additional charge for this Optional Benefit will also terminate. There will be no additional or pro-rated charges assessed following the cancellation. Once cancelled, this Optional Benefit may not be reinstated.

***The Optional Benefits: Level, Boost, Daily, and Protector***

You may elect one of the Optional Benefits described in detail below. Each is a guaranteed minimum withdrawal benefit that offers distinct benefits based on differences in applicable Roll-Up Rate, Roll-Up Crediting Period, MPAW Rates, Deferral Credits, and Investment Requirements. Protector also provides an enhanced death benefit (Protected Death Benefit).

The Optional Benefits provide for Protected Lifetime Income and Protected Lifetime Withdrawals up to the MPAW amount each year, even after the Contract Value is equal to zero, provided that You do not deplete the Protected Benefit Base by taking Excess Withdrawals or a Pre-Lifetime Withdrawal. You will be automatically enrolled in Rebalancing to meet the Investment Requirements.

Level, Boost, and Daily provide for single and joint Covered Lives. Protector only provides for a single Covered Life. For Level, Boost, and Daily, the Covered Life is the Annuitant, who must also be an owner. If You choose the joint Covered Lives option, the Covered Lives are the Annuitant and their spouse on the Benefit Date. The spouse must be a named joint owner or the Primary Beneficiary. The MPAW Rate will be determined using the age of the younger Covered Life. For Protector, the Covered Life is the Annuitant, who must also be an owner. The Optional Benefits are restricted to Covered Lives of certain ages as outlined in ***Purchasing the Contract*** of "**Buying the Contract**".

Please refer to "**Appendix D — Optional Benefit Examples"** for examples of how each option works.

**Level**

Level provides level Protected Lifetime Withdrawals and Protected Lifetime Income Amounts. On the yearly Benefit Date Anniversary, Your Protected Benefit Base is set to the greater of the Annual Step-Up Base or the Roll-Up Base. Your Roll-Up Base is updated once per year, on the yearly Benefit Date Anniversary.

**Boost**

Boost provides the benefits of Level for the Protected Lifetime Withdrawals and Protected Lifetime Income Amounts but provides a higher MPAW Rate in the Protected Lifetime Withdrawal Period than in the Protected Lifetime Income Period. On the yearly Benefit Date Anniversary, Your Protected Benefit Base is set to the greater of the Annual Step-Up Base or the Roll-Up Base. Your Roll-Up Base is updated once per year, on the yearly Benefit Date Anniversary.

**Daily**

Daily provides the benefits of Level for the Protected Lifetime Withdrawals and Protected Lifetime Income Amounts but also provides more opportunities for step-ups. On the quarterly Benefit Date Anniversary, Your Step-Up Base is set to the highest daily Contract Value for the past quarter (the Daily Step-Up Base) adjusted for any subsequent Purchase Payments, and Pre-Lifetime or Excess Withdrawals if higher than the current Daily Step-Up Base. On the quarterly Benefit Date Anniversary, Your Protected Benefit Base is set to the greater of Your Daily Step-Up Base or Your Roll-Up Base. Your Roll-Up Base is updated once per year, on the yearly Benefit Date Anniversary.

**Protector**

Protector provides the same benefits of Level for the Protected Lifetime Withdrawals and Protected Lifetime Income but also provides a Protected Death Benefit which will not be reduced for Protected Lifetime Withdrawals. Unlike Boost, Daily, Level, there can only be a single Covered Life on Protector. On the yearly Benefit Date Anniversary, Your Protected Benefit Base is set to the greater of the Annual Step-Up Base or the Roll-Up Base. Your Roll-Up Base is updated once per year, on the yearly Benefit Date Anniversary.

If the Covered Life dies during the Protected Lifetime Withdrawal Period, the Beneficiary will receive the Protected Death Benefit equal to the greater of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) the Contract Value; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) the Protected Death Benefit Base.

The initial Protected Death Benefit Base is equal to initial Purchase Payments. The Protected Death Benefit Base will increase dollar for dollar for any subsequent Purchase Payments and will be reduced proportionally for the Pre-Lifetime Withdrawal or Excess Withdrawals.

Please refer to ***Impact of Excess Withdrawals on the Optional Benefits*** and ***Pre-Lifetime Withdrawal*** in "**Optional Benefits**". The Protected Death Benefit Base will not be reduced for Protected Lifetime Withdrawals.

The Protected Death Benefit will no longer apply when the Contract enters the Protected Lifetime Income Period and/or if the Contract Value equals zero.

***Optional Benefit Risks***

You should elect an Optional Benefit if the guaranteed lifetime withdrawal benefit described in this section is appropriate for You based on Your financial goals and risk tolerances. Each Optional Benefit is designed to help protect against the risk of poor investment performance and the risk of outliving Your income payments. However, there is no guarantee that an Optional Benefit will be sufficient to meet Your future income needs, and there is no guarantee that You will realize any financial benefit. If You select an Optional Benefit, You will pay additional fees. After the Charge Freeze Period, We may increase these fees up to the maximum charge subject to a yearly maximum adjustment amount. Opting out of a fee increase will affect the benefit and the Contract. Your fees may be relatively higher if You select an Optional Benefit with enhanced features (Protector) or joint Covered Lives. **The benefit provided by an Optional Benefit may ultimately be less valuable than the fees You incurred.**

Withdrawals under an Optional Benefit are taken from Contract Value until Your Contract Value is reduced to zero, if ever. If Your Contract Value is never reduced to zero for a reason other than a Pre-Lifetime Withdrawal or Excess Withdrawal during the accumulation phase, You will not enter the Protected Lifetime Income Period until the Latest Annuity Payout Date. If You do not take the MPAW each Benefit Year during the Protected Lifetime Withdrawal Period, Your chances of entering the Protected Lifetime Income Period decreases prior to the Latest Annuity Payout Date. **There may be minimal chance of outliving Your Contract Value and receiving Protected Lifetime Income Amounts from Us.**

All withdrawals under an Optional Benefit – *i.e.*, Pre-Lifetime Withdrawal, Protected Lifetime Withdrawals, Excess Withdrawals – may result in taxes, and tax penalties, as well as other negative consequences (*e.g.*, significant reductions in the death benefit, reduced likelihood of step-ups, and roll ups may not be applied. **A Pre-Lifetime Withdrawal or Excess Withdrawal may be subject to withdrawal charges**. In addition, a Pre-Lifetime Withdrawal or Excess Withdrawal may significantly reduce Your benefit. A Pre-Lifetime Withdrawal or Excess Withdrawal will reduce the Protected Benefit Base, Roll-Up Base, Roll-Up Calculation Base, Step-Up Base, and Protected Death Benefit Base (if applicable) in the same proportion as the Contract Value. Each of these reductions could be greater than the amount of the Pre-Lifetime Withdrawal or Excess Withdrawal. If a Pre-Lifetime Withdrawal or Excess Withdrawal reduces Your Contract Value to zero, Your Contract and the Optional Benefit will immediately terminate.

You should carefully consider when to take Your first Protected Lifetime Withdrawal. When You take Your first Protected Lifetime Withdrawal, You will lock in Your MPAW Rate, including any applicable Deferral Credit Rate**. Generally, the longer You defer Your first Protected Lifetime Withdrawal, the higher Your MPAW Rate will be. However, the longer You defer Your first Protected Lifetime Withdrawal, the less time You will have to benefit from the Optional Benefit because as time passes as Your life expectancy is reduced.** Additionally, Boost offers two applicable MPAW Rates, one for the Protected Lifetime Withdrawal Period (which will generally be relatively higher than the MPAW Rates for Level, Daily, and Protector), and a lower MPAW Rate for the Protected Lifetime Income Period. As a result, if You elect Boost, the ability to take higher Protected Lifetime Withdrawals during the Protected Lifetime Withdrawal Period may increase the likelihood of reaching the Protected Lifetime Income Period, where Your annual benefit will be lower.

If You elect an Optional Benefit, You must be invested in accordance with certain requirements outlined in "**Appendix B – Optional Benefit Investment Requirements**." **We impose Investment Requirements to reduce the risk of investment losses that may require Us to use Our own assets to make guaranteed payments under an Optional Benefit.** Certain Underlying Funds included in the Investment Requirements, including Underlying Funds managed by an advisor affiliated with Us, employ risk management strategies that are intended to control the Underlying Fund's overall volatility, may also reduce the downside exposure of the Underlying Fund's during significant market downturns. **These Underlying Funds are included under Investment Requirements in part because the reduction in volatility helps Us to reduce the risk of investment losses that may require Us to use Our own assets to make guaranteed payments under an Optional Benefit. At the same time, risk management strategies in periods of high market volatility or other market conditions, could limit Your participation in market gains.** This may conflict with Your investment objectives by limiting Your ability to maximize potential growth of Your Contract Value and, in turn, the value of any Optional Benefit that is tied to investment performance. You may earn a higher rate of return from other investment options not available under Investment Requirements of the Benefit. If You are seeking a more aggressive investment strategy, the permissible investments may not be appropriate for You. You should consult with Your financial professional to determine whether these Underlying Funds align with Your investment objectives.

You may enter the income phase prior to the Latest Annuity Payout Date by annuitizing the Contract; however, Your Optional Benefit will terminate, and Your remaining Contract Value will be applied to the selected annuity payout option. **Generally, with an Optional Benefit, You should not elect to annuitize the Contract before the latest Annuity Payout Date unless the annual Annuity Income Payments would be greater than Your MPAW.** If Your Contract is still in the accumulation phase on the Latest Annuity Payout Date, Your Optional Benefit will automatically enter the Protected Lifetime Income Period and Your remaining Contract Value will be forfeited to Us. Alternatively, You could elect to annuitize Your Contract and apply Your remaining Contract Value to an annuity payout option. If You have elected an Optional Benefit, You may have a higher Protected Lifetime Income available to You than annuitizing Your Contract Value.

***The Optional Benefits' Investment Requirements***

If You elect an Optional Benefit, You must allocate Your Purchase Payments in accordance with "**Appendix B – Optional Benefit Investment Requirements**." We may revise the Optional Benefit Investment Requirements for any existing Contract to the extent necessary to accommodate Variable Portfolios that are deleted, substituted, merged or otherwise reorganized. We will promptly notify You in writing of any changes to the Optional Benefit Investment Requirements.

Quarterly rebalancing will be mandatory if You elect an Optional Benefit. We will automatically enroll You into Rebalancing as outlined in ***Rebalancing*** in **"Standard Benefits Included in Your Contract"** to ensure that Your allocations continue to comply with the Optional Benefit Investment Requirements. You can modify Your rebalancing instructions, as long as they are consistent with the Optional Benefit Investment Requirements, by calling 888.925.6446.

We will not rebalance amounts in the Protected Fixed Account or the EDCA Fixed Account under the Rebalancing program.

***The Optional Benefits Rate Sheet Supplement***

For all new Optional Benefit elections, We issue a Rate Sheet Supplement to update the "**Are There Ongoing Fees and Expenses**" in the "**Important Information You Should Consider About the Contract**" sections. The Rate Sheet Supplement also provides the following current values for the **Level**, **Boost**, **Daily**, and **Protector** Optional Benefits:

● Optional Benefit Fee;

● Maximum Protected Annual Withdrawal Rates;

● Maximum Annual Optional Benefit Fee Adjustment;

● Charge Freeze Period;

● Roll-Up Rate;

● Roll-Up Period; and

● Deferral Credit Rates

Additionally, the Rate Sheet Supplement provides the following current values for the **Protected Death Benefit**:

● Protected Death Benefit Fee;

● Maximum Annual Protected Death Benefit Fee Adjustment; and

● Protected Death Benefit Charge Freeze Period

After your Contract is issued, the percentages and terms listed below above are guaranteed not to change for the life of your Contract, except for the Optional Benefit fee and Protected Death Benefit fee which may change after the contract is issued. You will be notified in writing by Us of any change in fee. The Rate Sheet Supplement indicates the deadline by which Your application or spousal continuation election form must be signed and dated to lock in the disclosed rates and terms.

We reserve the right to update the rates and terms at any time, in Our sole discretion, for prospectively issued Contracts. New rates and terms may be higher or lower than the rates and/or percentages in the previous Rate Sheet Supplement. New investors receive the applicable Rate Sheet Supplement at the time of Contract issue or spousal continuation election.

**A new Rate Sheet Supplement becomes effective at least 10 days after it is filed with the Securities and Exchange Commission (SEC). We include a Rate Sheet Supplement with this prospectus. You may also obtain the most current Rate Sheet Supplement by contacting Your financial professional, looking online at www.augustarfinancial.com/starstream, or calling 888.925.6446. Rate Sheet Supplements are also filed with the SEC are available on the EDGAR system at www.sec.gov, file number 333-290558.**

**Standard Benefits Included in the Contract**

 

***Death Benefit***

The standard (return of purchase payment) death benefit is included at no extra cost. For an additional charge, You may add the Contract's "Protector" Optional Benefit which includes the Protected Death Benefit that replaces the standard death benefit. Once You elect a death benefit, You cannot change Your choice. No death benefit will be paid upon the Annuitant's death if the Contract Value falls to zero.

***Return of Purchase Payment Death Benefit***

If the Annuitant dies prior to the Annuity Payout Date, We will pay a death benefit to the Beneficiary upon Our receipt of Due Proof of Death. The return of purchase payment death benefit will equal the greater of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. the Contract Value on the date We receive Due Proof of Death;
or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. Your total Purchase Payments reduced for any withdrawals (including but not limited to a Pre-Lifetime Withdrawal, Excess Withdrawals,
and Protected Lifetime Withdrawals) in the same proportion that the Contract Value is reduced on the date of the withdrawal.

The Death Benefit Adjustment amount is equal to the difference between (a) and (b) if (b) exceeds (a) on the Death Benefit Adjustment Valuation Date. If (a) exceeds (b) on the Death Benefit Adjustment Valuation Date, then there will be no Death Benefit Adjustment.

The Death Benefit Adjustment Valuation date is the earlier of the date We receive proof the Annuitant died, or 90 days after the Annuitant's death.

We will allocate the Death Benefit Adjustment amount to the Money Market fund from the time We receive Due Proof of Death until We receive all the required documentation to process a death benefit claim. The remaining Contract Value will remain allocated as previously selected by You. If Your Contract Value is reduced to zero or the Annuitant dies after Annuity Income Payments have started, the return of purchase payment death benefit will no longer be available.

**Example**:<br>On July 1, before her Annuitization Date, Jean passes away. The Contract has a standard death benefit, she put $100,000 into the Contract, and she made no withdrawals. Her Contract Value has decreased to $80,000 on the Death Benefit Adjustment Valuation date; however, her Beneficiary would receive a return of purchase payment death benefit of $100,000. The Death Benefit Adjustment amount would be $20,000.<br>We receive notice of Jean's death on July 1 but do not receive all the required documentation until September 1. As a result, the $20,000 Death Benefit Adjustment amount would be allocated to the Money Market fund until the death claim is paid.<br>

In a declining market, taking withdrawals can reduce the standard death benefit by more than the amount withdrawn. This is because in calculating the death benefit, Purchase Payments are reduced by the same percentage that Your Contract Value is reduced when You make a withdrawal. If Your Contract Value is already lower due than purchase payments due to market losses, Your standard death benefit may be reduced by more than the actual dollar amount You withdrew.

**Example**:<br>Jean's initial Purchase Payment is $100,000; this would make her standard death benefit $100,000.<br>Due to a declining market, her current Contract Value is now $80,000. Jean decides to take her first withdrawal of $8,000. Since the Contract Value was reduced by 10% ($8,000 / $80,000), the standard death benefit is also reduced by 10% (10% x $100,000). The resulting death benefit is $90,000 ($100,000 - $10,000).<br>

***Payment of Death Benefit***

You designate Your Beneficiary(ies) when You apply for Your Contract. You can change Your Beneficiary(ies) while You are alive, and the Contract is in force. If the Annuitant dies before the Annuity Payout Date and You have not entered into the Protected Lifetime Income Period, Your Beneficiary(ies) will receive a death benefit.

Unless You elect owner Directed Payout as further described below, the Beneficiary(ies) will have the following settlement options:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1. Five Year Continuance** – Beneficiary can choose to receive a death benefit in installments over a period of up to five years from the Annuitant's date of death. However, the entire amount must be fully paid within that five-year period. If the Annuitant has reached the required beginning date for RMDs, this option is unavailable for Qualified Contracts.

**2**. **Ten Year Continuance** – Beneficiary can choose to receive a death benefit in installments over a period of up to ten years from the Annuitant's date of death. However, the entire amount must be paid out within that ten-year period. If the Annuitant had reached the required beginning date for RMDs, the Beneficiary must receive a portion of the benefit each year before the final year, following the IRC rules—unless an exemption applies. These annual payments must meet minimum distribution requirements. Taking too little or too much could lead to tax penalties. This option is only available on Qualified Contracts.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3. Beneficiary Stretch** – Beneficiary can choose to receive the death benefit through annual RMDs, based on IRC rules. This option must be selected within 12 months of the Annuitant's death. The amount and duration of these yearly payments must follow federal tax regulations. For Qualified Contracts, the Beneficiary must be: (a) the Annuitant's surviving spouse; (b) no more than 10 years younger than the Annuitant; (c) the Annuitant's minor child (but not grandchild); or (d) disabled or chronically ill.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4. Immediate Annuitization –** Beneficiary may annuitize. This option must be selected within 12 months of the Annuitant's death.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5. Lump Sum Distribution** – Beneficiary may elect a lump sum distribution.

If no settlement option is selected within 5 years of the Annuitant's death, the default will be a full withdrawal of the Contract Value without a withdrawal charge. If there are multiple Beneficiaries, all must agree on a settlement option; if there is no agreement, the death benefit will be paid in lump sums to all Beneficiaries proportionally.

If the owner dies before the Annuity Payout Date:

&nbsp;&nbsp;&nbsp;&nbsp;1. The full value of the Contract must be distributed within five years of their death;

&nbsp;&nbsp;&nbsp;&nbsp;2. Within one year of the owner's death, the Contract must start making regular payments (annuitized) based on the life expectancy of
the surviving owner, if applicable; or

&nbsp;&nbsp;&nbsp;&nbsp;3. If the owner's spouse exercises spousal continuation and becomes the new owner, the Contract can continue in the spouse's name
without needing to distribute or annuitize right away.

If the owner dies before the Annuitant and an Optional Benefit is not elected, ownership will pass in the following order:

&nbsp;&nbsp;&nbsp;&nbsp;1. Any other surviving owner(s);

&nbsp;&nbsp;&nbsp;&nbsp;2. Any surviving Beneficiary;

&nbsp;&nbsp;&nbsp;&nbsp;3. Any surviving contingent Beneficiary;

&nbsp;&nbsp;&nbsp;&nbsp;4. Any surviving second contingent Beneficiary, where applicable; and

&nbsp;&nbsp;&nbsp;&nbsp;5. The last surviving owner's estate.

***Enhanced Dollar Cost Averaging***

Enhanced Dollar Cost Averaging ("EDCA") program allows You to transfer amounts from the EDCA Fixed Account to Your pre-selected Variable Portfolios on either a monthly or quarterly basis. With this program, You benefit from the ability to invest in Variable Portfolios over time, which may smooth out the effects of market volatility. We do not guarantee EDCA will result in profit or protect You from losses.

You may only elect to participate in EDCA at the time of the application using all or a portion of Your initial Purchase Payment or subsequent Purchase Payments. The minimum amount that can be transferred from the EDCA is $300.

Once elected, Your Purchase Payments will transfer according to the EDCA program for either six or twelve months, depending on the period You choose. The transfers will occur either on a monthly or quarterly basis.

An EDCA transfer will not count towards Your yearly free transfer limit of 25 transfers. If You allocate subsequent Purchase Payments to the EDCA Fixed Account, a new program duration will start at the time of a subsequent Purchase Payment.

If You cancel the EDCA program or if the EDCA program is terminated, Your remaining Purchase Payment allocated in the EDCA Fixed Account will be allocated according to Your allocation instructions. We reserve the right to discontinue or modify this program at any time.

**Example:**<br>Jean elects to participate in the EDCA program and transferred $18,000 into the EDCA Fixed account. She would like the EDCA transfer to be allocated monthly as follows over a 12-month period: $500 to Variable Portfolio X and $1,000 to Variable Portfolio Y. For 12 months, We will automatically transfer $1,500 from the EDCA Fixed account and allocate $500 to Variable Portfolio X and $1,000 to Variable Portfolio Y.<br>

***Rebalancing***

Rebalancing is the automatic reallocation of Contract Value to the Variable Portfolios on a predetermined percentage basis. With this program, You benefit from the ability to maintain Your desired allocation percentage in the designated Variable Portfolios. We do not guarantee Rebalancing will result in profit or protect You from losses.

Rebalancing is not available for assets held in the Protected Fixed Account and the EDCA Fixed Account. Rebalancing requests may be terminated upon request unless it is required for an Optional Benefit. Currently, there is no additional charge for Rebalancing.

Rebalancing occurs quarterly, semi-annually, or annually. Rebalancing transfers will not count towards the free transfer limits.

***Spousal Continuation***

If the owner and the Annuitant are the same person, his or her surviving spouse may choose to continue the Contract through spousal continuation, if he or she is listed as the sole primary Beneficiary or joint owner. If the owner and the Annuitant are different people, the surviving spouse may only elect spousal continuation, if available, if there is no other surviving owner.

To elect spousal continuation, the surviving spouse must submit a written request to continue the Contract and due proof of death.

If the surviving spouse decides to continue the Contract, no death benefit is paid out immediately. Instead, the value of the death benefit becomes the starting amount for the continued Contract. All future benefits will be based on the spouse's age at the time they continue the Contract.

Only one spousal continuation is allowed per Contract. After the continuing spouse passes away, the Contract may qualify for another Death Benefit Adjustment.

If the Contract has an Optional Benefit, please refer to ***Spousal Continuation of the Optional Benefit*** in **"Optional Benefits"** for more details.

***Owner Directed Payout***

 ****

You can decide how Your death benefit is paid to Your Beneficiary, as long as it complies with applicable laws. If You set these instructions in advance, Your Beneficiary generally cannot change them.

Your options for this include:

&nbsp;&nbsp;&nbsp;&nbsp;(i) **Annuitization (Non-Qualified Contracts)** - You can choose to have the death benefit paid in equal installments over 5 to 10
years. Payments can be monthly (default), quarterly, semi-annual, or annual.

&nbsp;&nbsp;&nbsp;&nbsp;(ii) **Beneficiary Stretch (Non-Qualified Contracts)** - This option allows the Beneficiary to stretch the death benefit into a series
of payments over time, but it is available if there is only one Beneficiary on the Contract.

However, You should consider important conditions. According to current federal tax rules, Your chosen death benefit payout method (like an annuity) will only be applied if the death benefit begins to be paid within one year of Your death. Your payout instructions may not be followed if they conflict with federal tax laws or other applicable regulations. If Your Beneficiary or a successor owner continues the Contract under certain options, they may be allowed to change Your original death benefit payout instructions.

**Fees and Charges of the Contract**

We may deduct the following fees and expenses as applicable from Your Contract.

● Mortality and Expense Fee

● Administrative Fee

● Contract Fee

● Transfer Fee

● Withdrawal Charges

● Optional Benefit Fees

● Optional Protected Death Benefit Fee

In addition, if You invest in a Variable Portfolio, You will bear the investment management expenses of the Underlying Fund.

Fees, charges, and expenses reduce Your investment return.

We intend to profit from the Contract's sale. Our profit may be gained from a variety of pricing factors such as the fees and charges assessed, and amounts We receive from an Underlying Fund, its investment advisors and/or subadvisors (or affiliates thereof). The fees, charges and profit We receive may be used for any corporate purpose including supporting marketing, distribution and/or administration of the Contract.

***Base Contract Fee***

We assess a base Contract fee covering mortality and expense costs equal to an annualized rate of 1.10% of the Daily Net Assets allocated to the Variable Portfolios. The base Contract fee also includes an administrative fee equal to an annualized rate of 0.20% of the Daily Net Assets allocated to the Variable Portfolios. This fee is reflected in the Variable Portfolios' Accumulation Unit values. This fee will not apply to amounts allocated to the Protected Fixed Account or the EDCA Fixed Account. The base Contract fee is assessed daily.

The mortality and expense component of the base Contract fee compensates Us for:

● Providing insurance benefits under the Contract, including the Contract's standard death benefit;

● Assuming the risk that Annuitants may live longer than assumed; and

● Guaranteeing that fees will not increase beyond the maximum fee stated regardless of actual expenses.

The administrative fee component of the base Contract fees also compensates Us for administrative costs We incur from providing Contract benefits and distributing Contracts, including preparing the Contract and prospectus, confirmation statements, annual account statements, annual reports, legal and accounting fees, providing operational support of the Separate Account, and various related expenses. We may realize a profit from these fees.

***Annual Contract Fee***

We assess an annual $50 Contract fee on each Contract anniversary and upon full withdrawal of the Contract. This fee reimburses Us for administrative fees involved in issuing and maintaining the Contract. If on any Contract anniversary (or on the date of a full withdrawal) the Contract Value is $50,000 or more, We will waive this Contract fee.

This fee will be taken proportionally from each Variable Portfolio and the Protected Fixed Account based on the value in each compared to the total Contract Value. This fee will not be deducted from the EDCA Fixed Account.

***Transfer Fee***

We permit 25 free transfers between Your Variable Portfolios each Contract year. This limit does not apply for transfers made pursuant to Our Enhanced Dollar Cost Averaging program or Our Rebalancing program. We may charge You $25 for each additional transfer over 25 in a Contract year. The transfer fee, if applicable, is deducted from the amount transferred before the transferred amount is allocated among the Variable Portfolios or Fixed Account, as applicable. The transfer fee compensates Us for the cost of processing Your transfer.

***Withdrawal Charge***

If any part of the Contract is withdrawn during the withdrawal charge period which exceeds the free withdrawal amount (described below), We may assess a withdrawal charge. The withdrawal charge is assessed before any other charges or fees are assessed and is calculated by multiplying the applicable withdrawal charge rate (noted in the following table) by the amount of Purchase Payments withdrawn. The withdrawal charge is then deducted from the withdrawal amount paid and will reduce Your investments in the Variable Portfolios and the Protected Fixed Account, proportionally. Alternatively, You may request withdrawals from specific Variable Portfolios (unless You have elected an Optional Benefit).

The withdrawal charge applies as follows:

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| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Number of completed years from date of the initial or subsequent Purchase Payment** | **0** | **1** | **2** | **3** | **4** | **5** | **6** | **7+** |
| Withdrawal Charge Rate | 8% | 8% | 7% | 6% | 5% | 4% | 3% | 0% |

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For purposes of calculating the withdrawal charge, withdrawals are considered to come first from earnings and then from the oldest Purchase Payment made to the Contract, then the next oldest Purchase Payment, and so forth. However, for tax purposes, per IRS requirements, Your withdrawals are considered as coming first from taxable earnings, then from Purchase Payments, which are not taxable if Your Contract is non-qualified. Withdrawals taken before age 59 ½ may be subject to a 10% federal tax penalty.

The withdrawal charge is used to cover sales expenses, including commissions, production of sales materials, and other promotional expenses.

***Free Withdrawal Amount***

A free withdrawal is the maximum amount You can withdraw annually without a withdrawal charge and is the greatest of:

&nbsp;&nbsp;&nbsp;&nbsp;(1) 10% of Purchase Payments that are still subject to the withdrawal charge (which is equal to the total Purchase Payments subject to
the withdrawal charge minus Purchase Payments previously withdrawn that were subject to the withdrawal charge);

&nbsp;&nbsp;&nbsp;&nbsp;(2) Any amount withdrawn to meet the IRC's required minimum distributions; or

&nbsp;&nbsp;&nbsp;&nbsp;(3) For those Contracts with the Level, Daily, Protector and Boost benefits, withdrawals up to the MPAW amount.

The free withdrawal is non-cumulative, meaning, if You do not take a free withdrawal one year, You cannot take that amount a subsequent Contract year.

Additionally, a withdrawal charge will not be assessed if:

&nbsp;&nbsp;&nbsp;&nbsp;(1) The Contract is annuitized after it has been in force for at least two years;

&nbsp;&nbsp;&nbsp;&nbsp;(2) A death benefit is paid; or

&nbsp;&nbsp;&nbsp;&nbsp;(3) The withdrawal is taken pursuant to the nursing home waiver, if permitted in Your state.

The free withdrawal does not apply to the full withdrawal of the Contract, which includes (for the purposes of calculating the free withdrawal):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) Multiple withdrawals taken within a Contract year that deplete the entire Contract Value; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) A single net withdrawal that reduces the Contract Value below the Minimum Contract Value. Please refer to "  ***Minimum Contract Value"*** .

***Nursing Home Waiver***

The Contract includes a nursing home waiver at no additional charge. This benefit may depend on the Annuitant's age at issue.

Under the nursing home waiver, We will not assess a withdrawal charge if:

&nbsp;&nbsp;&nbsp;&nbsp;(1) The first Contract anniversary has passed; and

&nbsp;&nbsp;&nbsp;&nbsp;(2) Annuitant has been confined to a hospital, nursing care, or nursing facility for at least a 30-day continuous period.

We must receive the request for the withdrawal and proof of confinement while the Annuitant is confined or within 90 days after the Annuitant is discharged from the facility.

The Nursing Home Waiver may not be available in every state. Please refer to "**Appendix E – State Availability and/or Variations"*.***

***Premium Taxes***

Depending on Your state, a premium tax or some similar charge may be levied based on the amount of Your Purchase Payments. We will deduct from Your Contract Value the amount of any applicable premium taxes or similar assessment charged by any state or other governmental entity. While the rates are subject to change, the range for the premium tax is currently between 0.0% and 5.0%. If a charge is assessed, We will deduct that amount from Your Contract Value at the time the Contract is fully withdrawn, at the time You annuitize, or at such earlier time that We may become subject to the premium tax. We may also deduct the premium tax from any death benefit proceeds.

***Optional Benefit Fee***

If You elect an Optional Benefit, You will pay the Optional Benefit Fee. The Optional Benefit Fee compensates Us for providing the guaranteed lifetime withdrawal benefit and the risk that We will have to make guaranteed lifetime payments from Our own assets.

The initial Optional Benefit Fee is in effect on the Benefit Date and is calculated by multiplying the Optional Benefit Fee rate by the Protected Benefit Base as of the end of each quarterly Benefit Date Anniversary. The Optional Benefit Fee rate is an annualized rate that will be assessed and deducted on a quarterly basis. The fee will be deducted proportionally from any elected Variable Portfolios and the Protected Fixed Account, if applicable.

The percentage varies depending on which benefit You elect according to the table below. For more information about the Optional Benefits, please refer to "**Optional Benefits**". The table below shows the Maximum Annual Optional Benefit Fee Adjustment.

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| | | | | |
|:---|:---|:---|:---|:---|
| **Optional Benefit** | **Maximum Annual Optional Benefit Fee Adjustment** | **Maximum Annual Optional Benefit Fee Adjustment** | **Charge Basis** | **Charge Frequency** |
| **Optional Benefit** | **Single** <br> **Covered Life** | **Joint** <br> **Covered Lives** | **Charge Basis** | **Charge Frequency** |
| Daily | 2.50% | 2.50% | Protected Benefit Base | Quarterly |
| Level | 2.50% | 2.50% |  |  |
| Protector | 2.50% | N/A |  |  |
| Boost | 2.50% | 2.50% |  |  |

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After the Charge Freeze Period, We may change the Optional Benefit Fee on any Benefit Date Anniversary, by the Maximum Annual Optional Benefit Fee Adjustment but the change will not exceed the Maximum Optional Benefit Fee. You can opt out of the fee increase by notifying Us in writing within thirty (30) days of the yearly Benefit Date Anniversary. If You choose to opt out of the fee increase, any future benefit feature increases (such as roll-ups, step-ups, and deferral credits) will be forfeited. If a Benefit is terminated, this fee will no longer be charged.

**For new Optional Benefit elections, the current Optional Benefit Fee, the Maximum Optional Benefit Fee Rate Adjustment per Benefit Year, and the Charge Freeze Period are disclosed in a Rate Sheet Supplement. To obtain a copy, please visit www.augustarfinancial.com/starstream.**

***Protected Death Benefit Fee (with the Protector Benefit)***

If You elect the Protector Optional Benefit in additional to the Optional Benefit Fee, You will also pay the Protected Death Benefit Fee for the Protected Death Benefit. The Protected Death Benefit replaces the standard death benefit. The Protected Death Benefit Fee compensates Us for providing the enhanced Protected Death Benefit, including the risk that We will have to pay death benefit guarantees from Our own assets.

The initial Protected Death Benefit Fee is in effect on the Benefit Date. The Protected Death Benefit Fee is calculated by multiplying the Protected Death Benefit Fee rate by the Protected Death Benefit Base as of the end of each quarterly Benefit Date Anniversary. The Protected Death Benefit Fee rate is an annualized rate that will be assessed and deducted on a quarterly basis. The fee will be deducted proportionally from any elected Variable Portfolios and the Protected Fixed Account, if applicable.

The table below shows the Maximum Protected Death Benefit Fee.

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| | | | |
|:---|:---|:---|:---|
| **Optional Benefit** | **Maximum Protected Death Benefit Fee** | **Charge Basis** | **Charge Frequency** |
| Protector – Protected Death Benefit Fee | 1.50% | Protected Death Benefit Base | Quarterly |

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After the Protected Death Benefit Charge Freeze Period, We may change the Protected Death Benefit Fee on any Benefit Date Anniversary, by the Maximum Annual Protected Death Benefit Fee Adjustment but the change will not exceed the Maximum Protected Death Benefit Fee. You may not opt out of Protected Death Benefit Fee changes. **For new Protector elections, the current Protected Death Benefit Fee, the Protected Death Benefit Charge Freeze Period, and the Maximum Annual Protected Death Benefit Fee Rate Adjustment per Benefit Year are disclosed in a Rate Sheet Supplement. To obtain a copy, please visit www.augustarfinancial.com/starstream.**

***Underlying Fund Expenses***

There are charges deducted from, and expenses paid out of, the assets of the Underlying Funds. These charges and expenses are described in the Underlying Fund prospectuses. The value of the assets in VAA will indirectly reflect the Underlying Fund's total fees and expenses. An Underlying Fund's total fees and expenses are not part of the Contract and may vary from year to year. Underlying Fund expenses continue to be borne by Contract owners after Annuity Income Payments begin for the amounts which are allocated to a Variable Portfolio. Please refer to "**Appendix A – Investment Options Available Under the Contract"** for a list of the Underlying Funds, including their annual expenses.

***Sales, Marketing, and Training Expenses***

We pay selling firms compensation in connection with the sale of the Contracts in the form of Purchase Payment-based commissions, asset-based commissions, or a combination of both. Purchase Payment based commissions, when paid, are calculated as a percentage of Purchase Payments. The maximum gross Purchase Payment-based commission We pay is 7.0% of Purchase Payments. Financial professionals typically receive only a portion of this amount, with the remainder retained by the selling firm with which the financial professional is affiliated.

Asset-based commissions, sometimes referred to as trail or residual compensation, when paid, are generally calculated as a percentage of Contract Value and are paid periodically for as long as the Contract remains in force.

Additionally, and to the extent permitted by applicable SEC, FINRA, and other laws and regulations, We may pay selling firms marketing allowances. These payments are generally based on the overall relationship between the Company and the selling firm and may consider factors such as sales of the Contracts or participation in marketing, educational, or training activities. Selling firms determine how such payments are used. These payments may be used to support activities that promote awareness of or provide education regarding the Contracts or other products We offer, including conferences or seminars, sales or training programs, advertising or marketing initiatives, or assistance with administrative, operational, or marketing expenses of the selling firm.

We may also sponsor or provide training or educational meetings for selling firms and financial professionals. This support may include payment or reimbursement of certain travel, lodging, meals, or meeting related expenses, as well as assistance with marketing or advertising materials, in each case as permitted by applicable law.

Some financial professionals have a financial incentive to offer an investor a new Contract in place of the one the investor already owns. An investor should only exchange their contract if the investor determines, after comparing the features, fees, and risks of both contracts, and any fees or penalties to terminate the existing contract, that it is preferable for the investor to purchase the new Contract rather than continue to own the existing contract.

For more information about the compensation arrangements applicable to Your Contract, You should contact Your financial professional.

**Principal Risks of Investing in the Contract**

The risks identified below are the principal risks of investing in the Contract. The Contract may be subject to additional risks other than those identified and described in this Prospectus.

**Risk of Loss.** You can lose money by investing in this Contract, including loss of principal. Neither the U.S. Government nor any federal agency insures or guarantees Your investment in this Contract.

**Short-Term Investment Risk**. This Contract is not designed for short-term investing and is not appropriate for an investor who needs ready access to cash. Withdrawals from the Contract may result in withdrawal charges, taxes, and tax penalties. Withdrawals could significantly reduce the value of Your Contract and also significantly reduce or terminate Contract guarantees, including the death benefit. The benefits of tax deferral, long-term income, and living benefit protections are generally more beneficial to investors with a long-term horizon.

**Risks Associated with Variable Portfolios.** You bear all the investment risk for Contract Value allocated to the Variable Portfolios, each of which invests in an Underlying Fund. If the Variable Portfolios You select increase in value, Your Contract Value will go up; if they decrease in value, Your Contract Value will go down. How much a Variable Portfolio goes up or down in value mainly depends on the performance of its Underlying Fund. Each Underlying Fund has its own unique investment risks. Even a Variable Portfolio investing in a money market fund may have negative returns, particularly due to the fees and charges deducted from the Separate Account. There is no guarantee that any Underlying Fund will meet its investment objective. You can investigate the Underlying Funds by reviewing their prospectuses, statements of additional information, and annual and semi-annual reports.

**Insurance Company Risk.** We are the only company that has any legal responsibility to pay amounts We owe under the Contract. The general obligations and any living benefits under the Contract are supported by Our general account and are subject to Our claims-paying ability. You should look solely to Our financial strength for Our claims-paying ability. If We undergo financial distress, We may not be able to meet Our contractual obligations to Our investors.

**Withdrawal Risk (Illiquidity Risk)**. Withdrawals may be subject to withdrawal charges, income tax, and may be subject to tax penalties if taken before age 59 ½. Withdrawals generally reduce the death benefit, perhaps significantly. If You elect an Optional Benefit, an early withdrawal (Pre-Lifetime Withdrawal) or Excess Withdrawal may significantly reduce or terminate the benefit. The reduction to a benefit may be greater than the amount withdrawn.

**Transfer Limitation Risk.** We may close investment options to transfers of Contract Value. We may limit the number, frequency, method or amount of transfers among investment options. Transfers to and from a Fixed Account may be subject to significant restrictions. You should consider how Our ability to limit transfers may impede Your ability to reallocate Contract Value in response to changes in personal circumstances and market conditions.

**Investment Requirements Risk.** If You elect an Optional Benefit, You will be subject to Investment Requirements, which means Your allocations among the investment options will be subject to certain requirements and restrictions. We impose Investment Requirements to reduce the risk of investment losses that may require Us to use Our own assets to make guaranteed payments under an Optional Benefit. The Investment Requirements may conflict with Your investment objectives by limiting Your ability to maximize potential growth of Your Contract Value and the value of Your guaranteed benefits.

**Managed Volatility Risk.** Certain Underlying Funds may employ risk management strategies to provide for downside protection during sharp downturn movements in equity markets. These Underlying Funds usually, but not always, have "Managed Risk" or "Managed Volatility" in the name of the Underlying Funds. These strategies could limit the upside participation in the Underlying Fund in rising equity markets relative to other Underlying Funds. The death benefits and Optional Benefits offered under the Contract also provide protection in the event of a market downturn. Likewise, there are additional costs associated with the Optional Benefits, which can limit the Contract's upside participation in the markets. Many of these Underlying Funds are included in the Investment Requirements associated with the Optional Benefits. Therefore, electing an Optional Benefit will similarly involve risk management strategies that, in periods of high market volatility, could limit Your participation in market gains. This may conflict with Your investment objectives by limiting Your ability to maximize potential growth of Your Contract Value and the value of Your guaranteed benefits. For more information on these Underlying Funds and their risk management strategies, please see the Underlying Funds' prospectuses.

**Purchase Payment Risk**. Your ability to make subsequent Purchase Payments is subject to certain restrictions. We reserve the right to refuse or limit any Purchase Payment(s).

**Minimum Contract Value Risk**. Where permitted by state law, We may terminate Your Contract if Your Contract Value is less than $5,000 as a result of withdrawals and/or fees and charges. We will not exercise this right if You have an in-force Optional Benefit. We will provide You with 60 days written notice that Your Contract is being terminated. At the end of the notice period, We will distribute the Contract's remaining value to You.

**Contract Changes Risk**. We may, at any time, exercise Our rights to limit or terminate contributions, allocations and transfers to any of the investment options. We reserve the right, subject to compliance with laws that apply, to substitute Underlying Funds for Variable Portfolios, remove Variable Portfolios from the Separate Account, to combine any two or more Variable Portfolios, to restrict or eliminate any voting rights as to the Separate Account, and to limit the number of Variable Portfolios You may select. You should evaluate whether Our ability to make the changes described above, and Your ability to react to such changes, are appropriate based on Your investment goals. When such changes occur, You should also evaluate whether those changes are appropriate based on Your investment goals and, if not, You should evaluate Your options under the Contract, which may be limited and may have negative consequences associated with them.

**Separate Account Change Risk.** Your Contract is supported by a registered Separate Account that invests in Variable Portfolios that invest in Underlying Funds, and the value of Your Contract depends on the investment performance of those Underlying Funds, including the risk of loss of principal.

We reserve the right, within the law, to make additions, deletions and substitutions for the Variable Portfolios offered by VAA. We may substitute shares of other Variable Portfolios for shares already purchased, or to be purchased in the future, under the Contract. This substitution might occur if shares of one or more of the Variable Portfolios should become inappropriate for purposes of the Contract, in the judgment of Our management. The new Variable Portfolio may have higher fees and charges than the existing Variable Portfolio and not all Variable Portfolios may be available to all classes of contracts. No substitution or deletion will be made to the Contract without prior notice to You and before any necessary orders of the SEC in accordance with the 1940 Act, and Your prior approval if required by law.

We also reserve the right to establish additional Variable Portfolios, each of which would invest in shares of an investment company, with a specified investment objective. We may also eliminate one or more Variable Portfolios if, in Our sole discretion, marketing, tax or investment conditions warrant. We will not eliminate a Variable Portfolio without prior notice to You and before any necessary order of the SEC, and Your prior approval, if required by law. Not all Variable Portfolios may be available to all classes of contracts.

If permitted by law, and with Your prior approval if required by law, We may create a new separate account; deregister VAA under the 1940 Act in the event such registration is no longer required; manage VAA under the direction of committee; or combine VAA with one of Our other separate accounts. Further, to the extent permitted by applicable law, We may transfer the assets of VAA to another separate account.

**Optional Benefits Risk**. The Optional Benefits (guaranteed lifetime withdrawal benefits) have different features. If You elected an Optional Benefit and do not use it, or if the contingencies upon which the benefit depend never occur, You will have paid for a benefit that did not provide a financial return. There is also a risk that any financial return of an Optional Benefit, if any, will ultimately be less than the amount You paid for the benefit. Some Optional Benefit fees' may be currently charged at less than their maximum amounts. We may increase these charges up to the maximum charge, subject to the terms of the Optional Benefit. We will provide prior written notice of when We increase fees and supplement the prospectus as applicable. You are responsible for managing Your withdrawal activity in accordance with the terms of an Optional Benefit. All withdrawals under an Optional Benefit – Pre-Lifetime Withdrawal, Protected Lifetime Withdrawals, Excess Withdrawals – may result in taxes and tax penalties, as well as other adverse consequences (*e.g.*, significant reductions in the death benefit, reduced likelihood of step-ups).

A Pre-Lifetime Withdrawal or Excess Withdrawal may be subject to withdrawal charges. In addition, a Pre-Lifetime Withdrawal or Excess Withdrawal may significantly reduce Your benefit. A Pre-Lifetime Withdrawal or Excess Withdrawal will proportionately reduce the Protected Benefit Base, Roll-Up Base, Roll-Up Calculation Base, Step-Up Base, and Protected Death Benefit Base (if applicable). Each of these reductions could be greater than the amount of the Pre-Lifetime Withdrawal or Excess Withdrawal. If a Pre-Lifetime Withdrawal or Excess Withdrawal reduces Your Contract Value to zero, Your Contract and the Optional Benefit will immediately terminate. Please refer to **"Optional Benefits"**.

To read more about potential business disruption, cybersecurity, and artificial intelligence ("AI") technologies risks, please see the Statement of Additional Information (SAI).

**The Contract in General**

***Owner***

The owner of this Contract is the person(s) or entity(ies) elected at the time of application(s). The owner maintains all rights and interests in this Contract, subject to the rights and interests of any assignee of record. In the case of a non-tax-qualified annuity, You can change the owner of this Contract from Yourself to a new owner. You must send notice to Us to make the change. Any owner change made, unless otherwise specified by the owner, shall take effect on the date the notification is signed by the owner, when received in Good Order, subject to any payments made or actions taken by Us prior to receipt of the notification. No change will apply to any payment(s) We made before the notice was received.

We may require that a change of ownership be endorsed in this Contract. A change of ownership may result in adverse tax consequences. A change in ownership due to death is described further below.

***Joint Owner***

A joint owner is any person named as joint owner on the application(s) for a non-qualified Contract. The joint owner, if any, possesses an interest in this Contract in conjunction with the owner. Prior to the Annuity Payout Date, You may request to change the joint owner.

***Annuitant***

The Annuitant is the natural person whose life is used to determine the Annuity Income Payments and when any death benefit will be paid under this Contract. If an Optional Benefit is elected, the owner and Annuitant must be the same. The Annuitant cannot be changed at any time.

***Joint Annuitant***

The joint Annuitant is a second person, in addition to the Annuitant, whose life is used to determine Annuity Income Payments under a joint life annuity option after the Contract is annuitized. A joint Annuitant may be designated only at the time of annuitization, and once annuitization occurs, the joint Annuitant designation cannot be changed.

***Primary Beneficiary and Contingent Beneficiary***

The primary Beneficiary is the person(s) designated by the owner to receive a death benefit, if any, if the Annuitant dies before the Annuity Income Payments begin. If Annuity Income Payments have already begun, the Beneficiary(ies) will be entitled to any remaining Annuity Income Payments, in accordance with the terms and provisions of this Contract.

You may name Beneficiary(ies) at the time You apply for this Contract. Beneficiary designations are revocable, and You may change them during the lifetime of the Annuitant by providing notice to Us in writing. Any Beneficiary change made, unless otherwise specified by the owner, shall take effect on the date the notification is signed by the owner, when received to Our home office and in Good Order, subject to any payments made or actions taken by Us prior to receipt of the notification. No change will apply to any payment(s) We made before the notice was received. Any subsequent choice of Beneficiary will automatically revoke any prior choice. If there are multiple Beneficiaries, We may require that they be of the same class of Beneficiary. The rights of a non-surviving Beneficiaries will pass to surviving Beneficiaries of the same class unless otherwise specified in writing at the time You apply for this Contract or in a later notice. For qualified Contracts, the owner's spouse must be the sole primary Beneficiary in order to qualify for spousal continuation.

The contingent Beneficiary(ies) will receive the applicable death benefit or Annuity Income Payments if there is no surviving primary Beneficiary(ies).

If the owner, who is a natural person, survives the Annuitant, the owner will be deemed the primary Beneficiary(ies). Under such circumstances, the designated primary Beneficiary(ies) will be deemed the contingent Beneficiary(ies).

If a Beneficiary is a trust, We will not be responsible for verifying a trustee's right to receive any benefits payable under this Contract, nor for how the trustee disposes of any benefits. If before payment of any benefits, We receive notice that the trust has been revoked or is not in effect, then the trustee will be deemed a non-surviving Beneficiary.

If there is no surviving primary Beneficiary(ies), or contingent Beneficiary(ies), benefits will be paid to the last surviving owner's estate.

***Changes to the Parties to the Contract***

Prior to the Annuity Payout Date, You may request to change the following:

● Owner (Non-Qualified Contracts only);

● Joint Owner;

● Primary Beneficiary; or

● Contingent Beneficiary.

The Owner must submit the request to Us in writing and We must receive the request prior to the Annuity Payout Date. Once We receive and record the change request, the change will be effective as of the date the written request was signed (unless otherwise specified by the Owner). The change will not affect any action taken by Us before the change was recorded. We reserve the right to reject any change request that would alter the nature of the risk that We assumed when We originally issued the Contract. No changes to ownership are permitted after the Annuity Payout Date.

Any request to change the Owner must be signed by the existing owner and the person designated as the new Contract Owner. Changes in Contract ownership may result in federal income taxation and may be subject to state and federal gift taxes. Changes in ownership and Contract assignments could have a negative impact on certain benefits under the Contract, including the Optional Benefits.

Certain Optional Benefits may have specific requirements as to who can be named as the Owner, Annuitant, Joint Annuitant, and/or Beneficiary in order to receive the benefit. A change in ownership or other Contract parties may cause the eligibility requirements to no longer be satisfied or have a negative impact on Optional Benefits, such as termination of an Optional Benefit or loss of payments, guarantees, or other benefits associated with an Optional Benefit.

Further, changes to the parties to the Contract may result in the Owner not receiving the benefit associated with an option while still continuing to pay any applicable charge for the option. Owners contemplating changes to the parties to the Contract should contact their financial professional to determine how the changes impact the options and features under the Contract.

***Assignment***

Unless restricted by federal tax law or except in situations where restrictions are required for purposes of satisfying applicable laws or regulations, a non-qualified Contract can be assigned, but We will not be bound by any assignment or change of Owner unless the request for assignment is in writing and is recorded. Your rights and those of any other person referred to in this Contract will be subject to the assignment. Certain assignments may be taxable. We do not assume any responsibility for the validity or tax consequences of any assignment. The assignment, unless otherwise specified by You, will take effect on the date that You signed the notice of assignment, subject to any payments made or actions taken by Us prior to receiving such assignment in writing. We are not liable for the validity of the assignment.

***Types of Contracts Issued***

The Contracts can be categorized as:

● Investment-Only Contracts ("Qualified Plans")

● Non-Qualified Contracts

● Individual Retirement Annuities ("IRAs")

● Roth IRAs

● Simplified Employee Pension IRAs ("SEP-IRA")

● Savings Incentive Match Plan for Employees ("SIMPLE IRA")

For more information about the differences in Contract types, please refer "**Appendix C— Contract Types and Tax Information**."

You may apply to purchase a Contract through broker-dealers that have entered into a selling agreement with AuguStar Distributors, Inc.

***Minimum Contract Value***

The minimum Contract Value is $5,000. If the Contract Value goes below $5,000, the remaining Contract Value will be paid to You and the Contract will terminate; provided, however, We will not exercise this right if You have an in-force Optional Benefit.

**Determining the Contract Value**

The Contract Value is the sum of Your share of the Variable Portfolios' Accumulation Unit values plus any amount held in a Fixed Account, if available.

This Contract provides for an accumulation phase and an income phase. During the accumulation phase, Your Purchase Payment(s) received prior to the Annuity Payout Date are allocated among Variable Portfolio(s) and/or Fixed Account(s), as elected. During the income phase, Annuity Income Payments under an Annuity Payment Option selected by You are made to You or Your designated payee. The Accumulation Value is the sum of the value of the Accumulation Units held in the Variable Portfolios for You.

***Accumulation Units***

During the accumulation phase, Contract Value in the Variable Portfolios is measured by Accumulation Units. As You allocate Purchase Payments and transfer Contract Value to the Variable Portfolios, We credit Accumulation Units to Your Contract (refer to ***Accumulation Unit Value*** below). The dollar value of the Accumulation Units attributable to Your Contract will vary with the investment results of each Variable Portfolio in which You are invested.

Your financial professional will send an application, together with the first Purchase Payment, to Our home office for acceptance. We issue a Contract and We credit the first Purchase Payment in the form of Accumulation Units, insofar as Your first Purchase Payment is allocated to one or more Variable Portfolios as outlined in the sections, ***Crediting Purchase Payments*** in **"Buying the Contract**" and ***Purchase, Transfer, or Redemption Orders*** in **"Determining the Contract Value"**. We also credit Accumulation Units in a Variable Portfolio to Your Contract upon the transfer of Contract Value to such a Variable Portfolio.

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| | | |
|:---|:---|:---|
| Number of Accumulation Units | = | The sum of each Purchase Payment and/or the transfer amount allocated to the Variable Portfolio |
| Number of Accumulation Units | = | The Variable Accumulation Unit Value for that Variable Portfolio for the Valuation Period |

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The number of Accumulation Units attributable to Your Contract will be reduced for withdrawals, annuitization, amounts transferred out of a Variable Portfolio, the Base Contract Fee, if applicable, and applicable charges for any Optional Benefits. Any reduction to the Contract Value will be made as of the business day in which We receive all requirements in writing in Good Order for the transaction, as appropriate.

***Accumulation Unit Value***

We set the original Accumulation Units value of each Variable Portfolio of VAA for these Contracts at the beginning of the first Valuation Period for each Variable Portfolio. We determine the value of each Accumulation Unit value at Market Close each business day. A Purchase Payment is credited on the basis of Accumulation Unit value next determined after its receipt. The value of an Accumulation Unit goes up and down based on the performance of the Variable Portfolios and the fees and expenses of the Contract.

We determine the unit value for any later Valuation Period by multiplying the unit value for the immediately preceding Valuation Period by the net investment factor (described below) for such later Valuation Period. We determine a Contract's value by multiplying the total number of units (for each Variable Portfolio) credited to the Contract by the unit value (for such Variable Portfolio) for the current Valuation Period and adding to that any amount in the Fixed Account(s).

***Net Investment Factor***

The net investment factor measures the investment results of each Variable Portfolio. The investment performance and expenses of each Variable Portfolio, and the deduction of Contract charges, affect daily changes in the Variable Portfolio's Accumulation Units values. The net investment factor for each Variable Portfolio for any Valuation Period is determined by dividing (1) by (2), then subtracting (3) from the result, where:

(1) is:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the net asset value of the corresponding Underlying Fund share at the end of a Valuation Period, plus

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) the per share amount of any dividends or other distributions declared for that Variable Portfolio if the "ex-dividend" date occurs during the Valuation Period, plus or minus

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) a per share charge or credit for any taxes paid or reserved for the maintenance or operation of that Variable Portfolio;

(2) is the net asset value of the corresponding Underlying Fund share at the end of the preceding Valuation Period; and

(3) is:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the daily Mortality and Expense Risk Charge for the number of days in such Valuation Period; plus

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) the daily Administration Expense Charge for the number of days in such Valuation Period.

***Transfers among Variable Portfolios***

You may transfer Contract Value from one or more Variable Portfolios to one or more other Variable Portfolios. You may make transfers at any time before Annuity Income Payments begin. The amount of any transfer must be at least $300 (or the entire value of the Contract's interest in a Variable Portfolio, if less). You may also transfer among Variable Portfolios pursuant to the EDCA program or Rebalancing (refer to ***Enhanced Dollar Cost Averaging*** or ***Rebalancing*** in **"Standard Benefits Included in Your Contract"** for details).

We may limit the number, frequency, method, or amount of transfers. We may limit transfers from any Variable Portfolio on any one day to 1% of the previous day's total net assets of that Variable Portfolio if We, in Our discretion, believe that the Variable Portfolio might otherwise be damaged. In determining which requests to honor, scheduled transfers (under a EDCA program) will be made first, followed by mailed written requests in the order postmarked and, lastly, telephone, facsimile and other electronic requests in the order received. This policy will be applied uniformly without exception. We will notify You if Your requested transfer is not made. Current SEC rules preclude Us from processing at a later date those requests that were not honored. Accordingly, You would need to submit a new transfer request in order to make a transfer that was not honored because of these limitations.

Certain third parties may offer You investment management services for Your Contract. We will honor transfer requests from these third parties only if You give Us a written authorization to do so. Fees You pay for such other services are in addition to any Contract charges.

***Market Timing and Excessive Trading Restrictions***

We have adopted administrative procedures to discourage excessive trading and market timing through Your Contract. Excessive trading into and out of the Variable Portfolios can disrupt the Underlying Funds' investment strategies and increase operating expenses. In addition, excessive trading lowers overall Underlying Fund performance for long term investors, prevents the Trusts' managers from taking timely advantage of investment opportunities, and creates liquidity risks for the Underlying Funds. The Contract and the Underlying Funds are not designed to accommodate excessive trading practices. We and the Trusts reserve the right, in Our sole discretion, to restrict or reject purchase and exchange orders which We believe represent excessive or disruptive trading. Listed below are some, but not necessarily all the steps We may take to discourage excessive trading and market timing.

The first time You are determined to have traded excessively, We will notify You in writing that Your Contract will be monitored for additional transactions in excess of the established limits and such subsequent activity may result in suspension of electronic transfer privileges and/or suspension of all transfer privileges. The established limits are determined internally as a protection against frequent trading and are not disclosed in the prospectus or other otherwise made public.

Upon the second instance of excessive trading, You will be advised that Your electronic transfer privileges have been suspended and that all transfer requests must be submitted in writing and delivered via U.S. mail.

Upon the third instance of excessive trading, We will suspend some, or all transfer privileges. You will be informed in writing of the denial of future transfer privileges. If You decide to fully withdraw the Contract following suspension of transfer privileges, You will incur any applicable withdrawal charge.

We may, in Our sole discretion, take any Contract off of the list of monitored contracts, or restore suspended transfer privileges if We determine that the transactions were inadvertent or were not done with the intent to market time. **Otherwise, Our policies related to excessive trading and market timing as described in this section will be applied to all Contract owners uniformly and without exception.** Other trading activities may be detrimental to the Underlying Funds. Therefore, We may place a Contract on the list of monitored contracts despite the fact the Contract owner has not exceeded the established transfer limits. You may be deemed to have traded excessively even if You have not exceeded the number of free transfers permitted by Your Contract.

Some of the factors We may consider when determining whether to place a Contract on the list of monitored contracts may include, but not be limited to:

● Number of transfers made in a defined period;

● Dollar amount of the transfer;

● The total assets of the Underlying Funds involved in the transfer;

● Investment objectives of the particular Underlying Funds involved in Your transfers; and/or

● Whether the transfer appears to be a part of a pattern of transfers to take advantage of short-term market fluctuations or market inefficiencies.

Owners who have not engaged in market timing or excessive trading may also be prevented from transferring Contract Value if We, or the Underlying Funds, believe that an intermediary associated with the owner's account has otherwise been involved in market timing or excessive trading on behalf of other owners. Likewise, owners who have not engaged in intentional market timing or engaged in intentional disruptive or excessive trading may have their transfers rejected or their transfer privileges suspended if their trading activity generates an exception report in Our transfer monitoring systems.

Those seeking to engage in excessive trading practices may deploy a variety of strategies to avoid detection, and there is no guarantee that We or the Trusts will be able to identify such owners or curtail their trading practices. Our ability to detect and curtail excessive trading practices may also be limited by operational systems and technology limitations. In addition, because the Underlying Funds receive orders from omnibus accounts, which is common among Trusts offering Underlying Funds to insurance companies issuing variable products, the Trusts may not be able to detect an individual's excessive trading practices through these omnibus accounts. If We are unable to detect those engaging in market timing and/or excessive trading, the previously mentioned harm associated with excessive trading (lower portfolio performance, liquidity risks, increased portfolio expenses, etc.) may occur.

We may alter or amend this policy as required to comply with state or federal regulations and such regulations may impose stricter standards than currently adopted by Us or the Trusts.

Pursuant to rules adopted by the Securities and Exchange Commission, We are required to enter into agreements with the Trusts which require Us to provide the Trusts, upon their request, with certain information including taxpayer identification numbers of owners and the amounts and dates of any purchase, redemption, transfer or exchange requests by owners. We are also required to restrict or prohibit further purchases or exchange requests into the Variable Portfolios by an owner upon instruction from the Trusts.

***Purchase, Transfer or Redemption Orders***

For information about the timing and effective date of Purchase Payments, including circumstances in which We may rely on the SEC rule permitting two business-day or five business-day processing periods, please refer to ***Crediting of Purchase Payments*** in **"Buying the Contract."**

If We receive a subsequent Purchase Payment, Transfer or Redemption Orders in Good Order on a business day before Market Close, We will credit the Purchase Payment to Your Contract based on the Accumulation Unit value on that day. Orders to purchase, redeem or transfer units received after Market Close or on a non-business day, will receive the Accumulation Unit value of the next business day.

***Electronic Access***

If You authorize electronic access, Your Contract and unit values and interest rates can be checked by telephoning Us at 888.925.6446, or by accessing Our web site at augustarfinancial.com. You may also request transfers or make allocation changes on Our web site. You may only make one electronic, facsimile or telephone (collectively, "electronic") transfer request per day.

We will honor pre-authorized electronic transfer instructions from anyone who provides the personal identifying information requested. If that information is lost, stolen, disclosed, or used without Your permission, We may process instructions You did not intend, including transfers or allocation changes.

We will not honor electronic transfer requests after We receive notice of Your death. For added security, We send the owner a written confirmation of all electronic transfers on the next business day. However, if We cannot complete a transfer as requested, Our customer service representative will contact the owner in writing within 48 hours of the electronic request. Even with these measures, electronic communications can be misunderstood, incomplete, delayed, or transmitted in error. If We receive an unclear, erroneous, incomplete, or late request, the request may be delayed, rejected, or processed differently than You intended. These outcomes could affect Your investment results, including by causing You to miss market movements or remain invested in an allocation You did not want.

**Additionally, You may think that You have limited this access to Yourself, or to Yourself and Your representative. However, anyone giving Us the necessary identifying information can use electronic access once You authorize it. We are not responsible for any loss if We have used best efforts to authenticate Your identity before processing a transaction.** 

Please note that telephone and/or other means of electronic communication may not always be available. Any telephone or electronic device, whether it is Yours, Your service provider's, Your agent's or Ours can experience inaccessibility, power outages or slowdowns for a variety of reasons. These periods of inaccessibility may delay or prevent Our receipt and processing of Your requests. Although We have taken precautions and have emergency contingency plans to limit these problems, We cannot promise complete reliability under all circumstances. If You experience such problems, You should make Your transfer request by writing to Our home office.

We reserve the right to limit or restrict electronic access in any form at any time as to any Qwner.

**Income Phase**

***Annuity Payout Date***

Annuity Income Payments begin on the Annuity Payout Date. You may select this date when the Contract is issued. The earliest Annuity Payout Date is two years after the Contract issue date. The Latest Annuity Payout Date is the end of the Contract year immediately following the Annuitant's or older Covered Life's (if applicable) 95<sup>th</sup> birthday. You may change the Annuity Payout Date any time by providing notice to Us prior to the earlier of (i) the Annuitant's death or (ii) the current Annuity Payout Date. This restriction may be modified by applicable state law, or We may agree to waive it or to allow the Annuitant to defer receiving Annuity Income Payments. If You choose to defer receiving Annuity Income Payments, unless an Optional Benefit provides otherwise, Your Contract will no longer qualify for any Optional Benefit or the Death Benefit Adjustment upon the death of the Annuitant.

The Contract includes Our guarantee that We will pay Annuity Income Payments for the lifetime of the Annuitant (and any joint Annuitant) in accordance with the Contract's rates, no matter how long You live.

Once Annuity Income Payments begin, You may not make a full withdrawal of the Contract for cash except that, upon the death of the Annuitant, We may permit the Beneficiary, at Our sole discretion, to receive the commuted value of any remaining period-certain payments.

***Annuity Income Payment Options***

You may elect one or more of the following Annuity Income Payment options. You may change the election any time before the Annuity Payout Date. The variable part of the Contract Value will be used to provide a variable Annuity Income Payments, and the fixed portion of the Contract will be used to provide a fixed Annuity Income Payments, unless You elect otherwise.

**Single Life Annuity Income Payment Options**

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| | |
|:---|:---|
| **Option 1**<br> Life Only | Annuity Income Payments during the lifetime of the Annuitant. No further Annuity Income Payments are payable after the death of the Annuitant. This option is also known as non-refund. |
| **Option 2**<br> 5-Year Period Certain | Annuity Income Payments during the lifetime of the Annuitant with a guarantee that if at the time of the Annuitant's death there have been less than 5 years of Annuity Income Payments, Annuity Income Payments will continue to the payee for the remainder of the 5-year period. |
| **Option 3**<br> 10-Year Period Certain | Annuity Income Payments during the lifetime of the Annuitant with a guarantee that if at the time of the Annuitant's death there have been less than 10 years of Annuity Income Payments, Annuity Income Payments will continue for the remainder of the 10-year period. |
| **Option 4**<br> Installment Variable Portfolio | Annuity Income Payments during the lifetime of the Annuitant with a guarantee that if at the Annuitant's death the total amount of Annuity Income Payments is less than the Contract Value applied to the Annuity Payment Option, Annuity Income Payments will continue until they have equaled the Contract Value applied to the Annuity Income Option. |
| **Joint and Survivor Life Annuity Income Payment Options** | **Joint and Survivor Life Annuity Income Payment Options** |
| **Option 5**<br> Joint and Survivor Life Only | Annuity Income Payments during the joint lifetime of the Annuitant and the joint Annuitant. Upon the death of either the Annuitant or joint Annuitant, Annuity Income Payments will continue to be paid during the remaining lifetime of the survivor. Annuity Income Payments cease with the final Annuity Income Payment due prior to the last survivor's death. This option is also known as non-refund. |
| **Option 6**<br> Joint and Survivor with Period Certain | We will make Annuity Income Payments during a specified period of years and after that during the joint lifetime of the Annuitant and joint Annuitant which will then continue during the remaining lifetime of the survivor. Annuity Income Payments will cease after the death of the survivor of the Annuitant and joint Annuitant or the end of the period certain, whichever is later. |

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We may make other payment options available as agreed upon by both parties. Alternate amount and type of periodic installments for fixed Annuity Income Payments may be chosen. Alternate annuity options will be based on the rates for fixed-dollar single purchase payment immediate annuities being issued by the Company on the Annuity Payout Date.

Unless You direct otherwise, We will apply the Contract Value as of the Annuity Payout Date to provide Annuity Income Payments pro-rata from each Variable Portfolio in the same proportion as the Contract Values immediately before the Annuity Payout Date.

Under **Option 1**, Single Life Only, payments stop upon the death of the Annuitant. If the Annuitant dies before a second payment is due, You may receive only one Annuity Income Payment, and no payments will be made to any Beneficiary.

Generally, if no election is in effect on the Annuity Payout Date and the Contract is a tax-qualified Contract, We will apply Contract Value under **Option 2,** 5-Year Period Certain, with the Beneficiary as payee for any remaining period-certain installments payable after the death of the Annuitant. If no election is in effect on the Annuity Payout Date and the Contract is a nonqualified Contract, We will apply Contract Value under **Option 3,** 10-Year Period Certain, with the Beneficiary as payee for any remaining period-certain installments payable after the death of the Annuitant. The Pension Reform Act of 1974 might require certain contracts to provide a Joint and Survivor Annuity. If the contingent Annuitant is not related to the Annuitant, Options 5 and 6 are available only if We agree.

***Determination of Amount of Annuity Income Payments***

The amount of each Annuity Income Payment is determined based on the Contract Value applied on the Annuity Payout Date and the annuity option You elect. Additional factors used to calculate Annuity Income Payments include the Annuitant's age on the Annuity Payout Date, the Annuitant's sex (where permitted by law), the payment frequency selected, the applicable mortality table, and the assumed annuity payout interest rate. To determine the first Annuity Income Payment, We apply the Contract Value for each Variable Portfolio in accordance with the Contract's annuity payout options table. We divide the Contract Value by $1,000 and then multiply the result by the applicable factor in the Contract's annuity payout options table.

Annuity Income Payments are calculated using rates based on the Annuity 2012 Individual Annuity Mortality Table, which reflects industry standard assumptions about life expectancy for individuals purchasing annuities and is used to estimate how long annuity payments are expected to be made, together with an assumed interest rate that will not be less than 1.00%. Changes to any of these factors will change the amount of Annuity Income Payments.

You may elect to receive Annuity Income Payments on a monthly, quarterly, semi-annual, or annual basis. While the same Contract Value is applied regardless of payment frequency, more frequent payments result in smaller individual payment amounts, and less frequent payments result in larger individual payment amounts.

The duration of Annuity Income Payments depends on the annuity payout option selected. Life only annuity payout options provide payments for the lifetime of the Annuitant. Annuity payout options that include a period certain, installment refund, or joint and survivor feature provide payments for a guaranteed minimum period or over multiple lifetimes and generally result in lower periodic payment amounts than comparable life only options because payments are expected to be made over a longer period.

If the amount that would be applied under an option is less than $5,000, We will pay the Contract Value to the Annuitant in a single sum. If the first periodic payment under any option would be less than $100, We may change the frequency of payments so that the first payment is at least $100. We will contact You if the payments are less than $100 for alternate instructions.

***Annuity Units and Variable Payments***

After Your first Annuity Income Payment, later variable Annuity Income Payments will vary to reflect the investment performance of Your Variable Portfolios. The amount of each payment depends on the number of Your annuity units. To determine the number of annuity units for each Variable Portfolio, divide the dollar amount of the first Annuity Income Payment from each Variable Portfolio by the value of that Variable Portfolio's annuity unit. This number of annuity units remains constant during the Annuity Income Payment period unless You transfer among Variable Portfolios.

We set the annuity unit value for each Variable Portfolio for the Valuation Period when the first variable annuity was calculated for these contracts. The annuity unit value for each later Valuation Period equals the annuity unit value for the immediately preceding Valuation Period multiplied by the net investment factor for such later Valuation Period and by a factor (0.999919 for a one-day Valuation Period) to neutralize an assumed interest rate of 3%. A higher interest assumption would mean a higher initial Annuity Income Payment but a more slowly rising series of subsequent Annuity Income Payments if annuity unit values were increasing (or a more rapidly falling series of subsequent Annuity Income Payments if annuity unit values were decreasing). A lower interest assumption would have the opposite effect. If the actual net investment rate were equal to the assumed interest rate, Annuity Income Payments would stay level.

The dollar amount of each later variable Annuity Income Payment equals Your constant number of annuity units for each Variable Portfolio multiplied by the value of the annuity unit for the Valuation Period.

***Transfers During Income Phase***

After Annuity Income Payments have been made for at least 12 months, the Annuitant can change the Variable Portfolios on which variable Annuity Income Payments are based. There is no transfer fee during income phase. Transfers may not be made between Fixed Accounts and Variable Portfolios during the income phase. You may change the Variable Portfolios by providing notice to Us in writing at Our home Office. Upon receipt of Your request, We will change that portion of the periodic variable Annuity Income Payment as You direct to reflect the investment results of different Variable Portfolios You have chosen. To do this, We convert the number of annuity units being changed to the number of annuity units of the Variable Portfolios to which You are changing. If an Annuity Income Payment is already in process at the time We receive Your request to change the Variable Portfolio allocations, the change will not be reflected in Your next Annuity Income Payment. It will be reflected in the Annuity Income Payment received afterwards.

***Impact of Annuitization on an Optional Benefit***

If You elect an Optional Benefit, You may enter the income phase by annuitizing the Contract; however, Your Optional Benefit will terminate, and Your remaining Contract Value will be applied to the selected annuity payout option. If Your Contract is still in the accumulation phase on the Latest Annuity Payout Date, Your Optional Benefit will automatically enter the Protected Lifetime Income Period and Your remaining Contract Value will be forfeited to Us. Alternatively, You could elect to annuitize Your Contract and apply Your remaining Contract Value to an annuity payout option.

**Federal Income Taxes**

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The following discussion of federal income tax treatment of amounts received under a variable annuity contract does not cover all situations or issues and does not cover state tax law issues. It is not intended as tax advice. Consult a qualified tax adviser to apply the law to Your circumstances. Tax laws can change, even for contracts that have already been issued. Tax law revisions, with unfavorable consequences, could have a retroactive effect on previously issued contracts or on later voluntary transactions in previously issued contracts.

We are taxed as a life insurance company under Subchapter L of the IRC. Since the operations of the Separate Account are a part of, and are taxed with, Our operations, the Separate Account is not separately taxed as a "regulated investment company" under Subchapter M of the IRC. The law does not now provide for payment of federal income tax on dividend income or capital gains distributions from Fund shares held in the Separate Account or upon capital gains realized by the Separate Account on redemption of Fund shares.

The Contract is intended to be treated as an annuity contract under Section 72 of the IRC, which generally provides for taxation of annuities. Under existing provisions of the IRC, any increase in the Contract Value is not taxable to You as the Owner or Annuitant until You receive it, either in the form of Annuity Income Payments, as contemplated by the Contract, or in some other form of distribution. (As of the date of this prospectus, proposals to modify taxation of annuities may be under consideration by the federal government.) The owner of a non-tax qualified Contract must be a natural person for this purpose. With certain exceptions, where the owner of a non-tax qualified Contract is a non-natural person (corporation, partnership or trust) any increase in the accumulation value of the Contract attributable to Purchase Payments made after February 28, 1986, will be treated as ordinary income received or accrued by the owner during the current tax year.

The income and gains within an annuity are generally tax deferred for natural persons. Within a tax-qualified plan, the plan itself provides tax deferral. Therefore, the tax-deferred treatment otherwise available to an annuity is not a factor to consider when purchasing a tax-qualified Contract, which is a Contract established as an individual retirement annuity under section 408(b) of the IRC, including a traditional and Roth annuity, or purchasing a Contract with the assets of an individual retirement account under 408(a) of ERISA, including a Roth IRA (each such "individual retirement annuity" or "individual retirement account" referenced to herein as an "IRA").

When a nontax qualified contract is issued in connection with a deferred compensation plan or arrangement, all rights, discretions and powers relative to the contract are vested in the employer and You must look only to Your employer for the payment of deferred compensation benefits. Generally, in that case, an Annuitant will have no "investment in the contract" and amounts received by You from Your employer under a deferred compensation arrangement will be taxable in full as ordinary income in the years You receive the payments.

When Annuity Income Payments begin, each payment is taxable under Section 72 of the IRC as ordinary income in the year of receipt if You have neither paid any portion of the Purchase Payments nor previously been taxed on any portion of the Purchase Payments. If any portion of the Purchase Payments has been paid from or included in Your taxable income, this aggregate amount will be considered Your "investment in the contract." You will be entitled to exclude from Your taxable income a portion of each Annuity Income Payment equal to Your "investment in the contract" divided by the period of expected Annuity Income Payments, determined by Your life expectancy and the form of annuity benefit. Once You recover Your "investment in the contract," all further Annuity Income Payments will be included in Your taxable income. In the case of a traditional IRA, Your "investment in the contract" may be zero.

A withdrawal of Contract Values is taxable as ordinary income in the year received to the extent that the accumulated value of the contract immediately before the payment exceeds the "investment in the contract." If You elect to withdraw any portion of Your accumulated value in lieu of receiving Annuity Income Payments, that withdrawal is treated as a distribution of earnings first and only second as a recovery of Your "investment in the contract." Any part of the value of the contract that You assign or pledge to secure a loan will be taxed as if it had been a withdrawal and may be subject to a penalty tax. You are not permitted to make such assignment or pledge if Your Contract is an IRA or held by an IRA.

Under tax regulations, all contracts issued in the same calendar year to the same owner should be treated as one contract for tax reporting purposes, so that cost basis and gain will be aggregated for the purpose of determining the taxable portion of any withdrawal.

There is a penalty tax equal to 10% of any amount that must be included in gross income for tax purposes. The penalty will not apply to a redemption that is:

● received on or after the taxpayer reaches age 59 1∕2;

● made to a Beneficiary on or after the death of the Annuitant;

● attributable to the taxpayer's becoming disabled as such term is defined in the IRC;

● made as a series of substantially equal periodic payments for the life of the Annuitant (or joint lives of the Annuitant and Beneficiary);

● from a contract that is a qualified funding asset for purposes of a structured settlement;

● made under an annuity contract that is purchased with a single premium and with an Annuity Payout Date not later than a year from the purchase of the annuity;

● incident to divorce;

● qualified reservist distribution;

● distribution for qualifying medical expenses or health insurance;

● distribution from an IRA for a first home purchase;

● taken from an IRA for higher education expenses;

● qualified birth or adoption distribution;

● to a victim of domestic abuse by a spouse or domestic partner (up to the lesser of $10,000 or 50% of account);

● taken from an IRA for a qualified first-time home purchase (up to $10,000);

● taken from an IRA where the taxpayer has been certified as terminally ill under the IRC; or

● taken for personal or family emergency expenses (once per calendar year, up to the lesser of $1,000 or vested account balance over $1,000); or

● taken from an IRA as a Qualified Disaster Recovery Distribution ("QDRD"), does not exceed $22,000, is taken within 180 days of the disaster, and the taxpayer's principal residence is located within a federally-declared disaster area, with the taxpayer having sustained an economic loss.

Any taxable amount You withdraw from the Contract is automatically subject to 10% withholding unless You elect not to have withholding apply. If You elect not to have withholding apply to an early withdrawal or if an insufficient amount is withheld, You may be responsible for payment of estimated tax. You may also incur penalties under the estimated tax rules if the withholding and estimated tax payments are not sufficient. If You fail to provide Your taxpayer identification number, any withdrawals from the Contract will automatically be subject to withholding. The IRC requires 20% withholding for distributions from contracts owned by tax qualified plans.

Under the provisions of Section 403(b) of the IRC, employees may exclude from their gross income purchase payments made for annuity contracts purchased for them by public educational institutions and certain tax-exempt organizations which are described in Section 501(c)(3) of the IRC. You may make this exclusion to the extent that Your aggregate Purchase Payments plus any other amounts contributed to purchase the Contract and toward benefits under qualified retirement plans do not exceed certain limits in the IRC. Employee contributions are, however, subject to social security (FICA) tax withholding. All amounts You receive under a Contract, either in the form of Annuity Income Payments or cash withdrawal, will be taxed under Section 72 of the IRC as ordinary income for the year received, except for exclusion of any amounts representing "investment in the contract." Under certain circumstances, amounts You receive may be used to make a "tax-free rollover" into one of the types of individual retirement arrangements permitted under the IRC. Amounts You receive that are eligible for "tax-free rollover" will be subject to an automatic 20% withholding unless You directly roll over such amounts from the tax-deferred annuity to the individual retirement arrangement.

With respect to a contract set up under Section 403(b) of the IRC, distributions may be paid only when the employee:

● attains age 59 1∕2;

● separates from the employer's service or dies;

● becomes disabled as defined in the IRC; or

● incurs a financial hardship as defined in the IRC.

In the case of hardship, cash distributions may not exceed the amount of Your Purchase Payments. The terms of the document governing a 403(b) plan will also apply in determining whether and at what time You are entitled to a distribution. We are not responsible for making distributions under the plan's terms and will only make distributions in accordance with the terms of the Contract. Restrictions on distributions do not affect Your right to transfer investments among the Funds and do not limit the availability of transfers between annuities.

***Required Distributions from Traditional IRA***

In general, the IRS requires a minimum amount to be withdrawn from a tax-qualified Contract that is a traditional IRA each year in accordance with IRC Section 401(a)(9). Such required minimum distributions ("RMDs") must begin no later than the required beginning date as defined in IRC Section 401(a)(9)(C)(i), which is April 1st of the calendar year after the calendar year during which the account holder reaches their applicable age as defined in IRC Section 401(a)(9)(C)(v) (or in the case of certain workplace tax-qualified plans, the calendar year in which the employee retires, if later). If the individual attains (1) age 70½ before 2020, the applicable age is 70½; (2) age 72 during or after 2020 but before 2023, the applicable age is 72; (3) age 72 during or after 2023 and age 73 before 2033, the applicable age is 73; or (2) age 74 after 2032, the applicable age is 75.

Under Section 401(a)(9), Your benefits under the Contract must be distributed, beginning not later than the required beginning date, in accordance with applicable IRA regulations, over Your life or over Your life and the life of designated Beneficiary (or over a period not extending beyond Your life expectancy or Your life expectancy and the life expectancy of Your designated Beneficiary). The RMD rules also apply to death benefits. Most non-spouse beneficiaries must take their post-death distributions within ten years. Certain exceptions apply to "eligible designated beneficiaries" which include disabled and chronically ill individuals, individuals who are ten or less years younger than the deceased individual, and children who have not reached the age of majority. On the other hand, if Your sole Beneficiary is the deceased owner's spouse, as defined by federal law, the surviving spouse may elect to continue the traditional IRA as his or her own. If the spouse does so choose, upon his or her subsequent death the entire benefit must be distributed as otherwise required by law.

All required distributions must be made in accordance with the requirements of Section 401(a)(9) of the IRC and the regulations promulgated thereunder, which are subject to change. This is not an exhaustive discussion of such requirements, and You should consult with Your tax or financial adviser regarding how they may apply to Your circumstances.

***Distribution Periods for Nonqualified Annuities***

**Death of Any Owner before Annuity Starting Date**

If You die before the date payments under Your contract have begun and Your spouse is not Your sole designated Beneficiary, the entire interest in such contract must be distributed within 5 years after Your death.

If Your spouse is Your sole designated Beneficiary, Your spouse may elect to be treated as if he or she is You for purposes of receiving distributions under the Contract.

**Death of Any Owner on or After Annuity Starting Date**

If You die on or after the date payments have begun, but before the entire interest in the Contract has been distributed, and Your spouse is not Your sole Beneficiary, the remaining portion of such interest will be distributed at least as rapidly as under the method of distributions being used as of the date of Your death. However, Your designated Beneficiary may elect to receive payments over his or her life (or over a period not extending beyond his or her life expectancy) so long as such distributions begin no later than 1 year after the date of Your death.

The application of these provisions will be applied in accordance with Section 72(s) of the IRC and the regulations promulgated thereunder. This is not an exhaustive discussion of such requirements, and You should consult with Your tax or financial adviser regarding how they may apply to Your circumstances.

 ****

Please refer to "**Appendix C — Contract Types and Tax Information".** 

**Investment Options**

***Fixed Accounts***

Currently, there are two Fixed Accounts available under the Contract: the Protected Fixed Account and the EDCA Fixed Account. Information regarding each Fixed Account, including (i) its name; (ii) its term; and (iii) its minimum guaranteed interest rate, is available in an appendix to the prospectus. Please refer to "**Appendix A – Investment Options Available Under the Contract".** 

Each Fixed Account guarantees a fixed rate of return and guarantees principal against loss. Each Fixed Account credits compound daily interest. We guarantee that We will credit interest at an annual effective interest rate of not less than the Guaranteed Minimum Interest Rate specified below, or if greater, the minimum rate required by the applicable non-forfeiture law in the state where Your Contract was issued. We may credit interest at a rate in excess of the Guaranteed Minimum Interest Rate, but any such excess interest will be in Our sole discretion. You bear the risk that We may declare annual effective interest rates as low as the applicable guaranteed minimum.

You may obtain the annual effective interest rates for the Fixed Accounts by contacting Your financial representative, looking online at www.augustarfinancial.com, or calling 888.925.6446.

Fixed Accounts may vary by availability, offer differing features, and credit different rates of interest. We reserve the right not to offer any Fixed Accounts for new Contracts. We may close any Fixed Account to subsequent Purchase Payments and transfers of Contract Value. We reserve the right to restrict transfers to or from the Fixed Accounts.

Our obligations under the General Account, which include the Fixed Accounts, are subject to Our financial strength and claims-paying ability.

**Protected Fixed Account**

If You have elected an Optional Benefit, You will be required to allocate a certain percentage of Your Contract Value to the Protected Fixed Account in accordance with the Investment Requirements for Your Optional Benefit. Please refer to "**Appendix B – Optional Benefit Investment Requirements".** The Investment Requirements applicable to Your Optional Benefit will limit Your ability allocate additional Purchase Payments, and transfer Contract Value to and from, the Protected Fixed Account.

If You have not elected an Optional Benefit, the Protected Fixed Account is not available. Transfers from the Protected Fixed Account into Variable Portfolios or from the Variable Portfolios to the Protected Fixed Account are not allowed.

Amounts allocated to the Protected Fixed Account are credited compound daily interest at an annual effective interest rate. We declare interest rates for the Protected Fixed Account in Our sole discretion, subject to a Guaranteed Minimum Interest Rate of 0.15%. From time to time, We will declare an annual effective interest rate applicable to new Purchase Payments and transfers of Contract Value allocated to the Protected Fixed Account (*i.e.*, a new money interest rate). Once established, that interest rate will apply to any such new Purchase Payments and transfers of Contract Value until the end of the "guarantee period," *i.e.*, the period of time during which the rate is guaranteed to remain the same. Each guarantee period will be no less than 12 months. At the end of the guarantee period, We will declare an annual effective interest rate applicable to amounts remaining in the Protected Fixed Account (*i.e.*, a renewal interest rate) for another guarantee period. You will be notified of a maturing guarantee period and how to obtain the renewal interest rate through written correspondence, such as a letter.

Please note, at any time, We may declare a different new money interest rate. As a result, if Purchase Payments and Contract Value are allocated to the Protected Fixed Account at different times (*e.g.*, due to automatic rebalancing), Your allocations to the Protected Fixed Account may be credited interest at different rates.

**Enhanced Dollar Cost Averaging (EDCA) Fixed Account**

The EDCA Fixed Account is used in connection with the Enhanced Dollar Cost Averaging program. To begin the Enhanced Dollar Cost Averaging program, You must allocate a new Purchase Payment to the EDCA Fixed Account. We currently offer the Enhanced Dollar Cost Averaging program for initial Purchase Payments and subsequent Purchase Payments. The minimum amount to be dollar cost averaged is $300 per transfer. For example, if You select the 6-month monthly Enhanced Dollar Cost Averaging Program, the minimum Purchase Payment is $1,800. If You select the 12-month monthly Enhanced Dollar Cost Averaging Program with quarterly transfers, the minimum Purchase Payment is $1,200. You cannot transfer existing Contract Value to the EDCA Fixed Account. For more information about the Enhanced Dollar Cost Averaging Program, please refer to ***Enhanced Dollar Cost Averaging*** in **"Standard Benefits Included in Your Contract"**.

Amounts allocated to the EDCA Fixed Account are credited compound daily interest at an annual effective interest rate. We declare interest rates for the EDCA Fixed Account in Our sole discretion, subject to a Guaranteed Minimum Interest Rate of 0.15%. From time to time, We will declare a new annual effective interest rate applicable to new Purchase Payments. When You allocate a Purchase Payment to the EDCA Fixed Account, the annual effective interest rate applicable to that new Purchase Payment will not change for the duration of the 6-month or 12-month program, depending on the period You choose. We may declare different annual effective interest rates for the 6-month and 12-month programs.

Please note, at any time, We may declare a different interest rate for the EDCA Fixed Account. As a result, if Purchase Payments are allocated to the EDCA Fixed Account at different times, Your allocations to the EDCA Fixed Account may be credited interest at different rates.

After allocating a Purchase Payment to the EDCA Fixed Account, at the end of the 6-month or 12-month program, as applicable, Your entire Purchase Payment and earnings will have been transferred out of the EDCA Fixed Account to the Variable Portfolios in accordance with Your instructions.

**Additional Information about the Fixed Accounts**

The Fixed Accounts are not registered as investment companies under the Investment Company Act of 1940. Interests in the Fixed Accounts are not registered under the Securities Act of 1933. However, the information about the Fixed Accounts provided in this prospectus is subject to certain generally applicable provisions of the federal securities laws regarding the accuracy and completeness of disclosures.

When purchasing the Contract, if We declare a new annual effective interest rate for a Fixed Account between the date Your application(s) is received and the date Your Purchase Payment is received, the higher annual effective interest rate will apply to any portion of Your initial Purchase Payment allocated to that Fixed Account, *provided that W*e receive all required paperwork and funds within 60 days of the date Your application(s) is received (referred to as the "Rate Lock Period" in Your Contract).

Prior to the Latest Annuity Payout Date, the value of Your allocation in any Fixed Account will equal:

&nbsp;&nbsp;&nbsp;&nbsp;(1) Purchase Payment(s) allocated to the Fixed Account(s); plus

&nbsp;&nbsp;&nbsp;&nbsp;(2) accumulated interest; less

&nbsp;&nbsp;&nbsp;&nbsp;(3) any amounts withdrawn from the Fixed Account(s) and otherwise deducted to pay fees and charges under the Contract; less

&nbsp;&nbsp;&nbsp;&nbsp;(4) any amounts applied to an Annuity Payment option.

In no event will amounts withdrawn or otherwise payable from the Fixed Accounts or used to provide a benefit under the Contract be less than the guaranteed minimum amount required by the applicable non-forfeiture law in the state where Your Contract was issued.

The Fixed Accounts are funded by the assets of Our general account. Our general account consists of all of Our assets other than those allocated to VAA or Our other separate accounts. We invest Our general account assets at Our discretion as allowed by Ohio law.

As provided by state law, We may defer the payment of amounts to be withdrawn from the Fixed Accounts for up to six months from the date We receive Your written request for withdrawal.

***Variable Portfolios***

Each Variable Portfolio invests in the shares of a single Underlying Fund. Contract Value allocated to a Variable Portfolio will vary based on the investment experience of the corresponding Underlying Fund in which the Variable Portfolio invests. There is a risk of loss on the entire amount invested.

Information regarding each Underlying Fund, including (i) its name, (ii) its type (e.g., money market fund, bond fund, balanced fund, etc.), (iii) its investment adviser and any sub-investment adviser, (iv) current expenses, and (v) performance is available in "**Appendix A – Investment Options Available Under the Contract."**

Each Underlying Fund is a mutual fund registered under the Investment Company Act of 1940. Underlying Fund shares are sold only to insurance company Separate Accounts to fund variable annuity and variable life insurance policies and, in some cases, to qualified plans. Each Underlying Fund has issued a prospectus that contains more detailed information about it. Read the Portfolios Companies' prospectuses carefully before investing. You cannot be sure that any Underlying Fund will achieve its stated objectives and policies. **For a free copy of any Underlying Fund's prospectus, call 888.925.6446, visit www.augustarfinancial.com/starstream, mail Our home office, or send an email request to AnnuityService@augustarfinancial.com.** 

The Underlying Funds receive investment advice from their investment advisers. The Underlying Funds pay their investment advisers management fees as shown in the prospectus for each Underlying Fund. In some cases, the investment adviser pays part of its fee to a sub adviser.

We and Our affiliates may receive payments from the Underlying Funds, their advisers, sub advisers, distributors, or affiliates thereof, in connection with certain administrative, marketing and other support services provided by Us and expenses incurred in offering and selling Our variable annuity products. While only certain types of payments are made in connection with Your particular Contract, all such payments may influence decisions made by Us and Our affiliates regarding products We offer and the Underlying Funds We make available under Our variable annuity and variable life insurance policies, including the Contract described in this prospectus.

We receive Rule 12b-1 fees which compensate Our affiliate, AuguStar Distributors, Inc. for distribution and administrative services (including recordkeeping services and mailing prospectuses and reports to Contract owners invested in the Variable Portfolios). These fees are paid by the Underlying Funds out of each Underlying Fund's assets and are therefore borne indirectly by Contract owners who invest in the corresponding Variable Portfolio. We also receive "revenue sharing" payments from advisers of the Underlying Funds or their affiliates (not the Underlying Funds), which compensate Us for administrative services. The maximum combined 12b-1 fees and revenue sharing payments We receive with respect to a Underlying Fund are equal to an annual rate of 0.55% of the average assets allocated to the Underlying Fund under the Contract.

Some of the Underlying Funds are structured as a "Fund of Funds." A Fund of Funds is an Underlying Fund that invests primarily in a portfolio of other mutual funds. Because a Fund of Funds invests in other mutual funds rather than individual securities, the Fund of Funds bears a proportionate share of expenses charged by the underlying fund in which it invests. Therefore, a Fund of Funds may have higher expenses than direct investments in the underlying funds. You should read the Underlying Fund prospectuses carefully.

Periodically some of the Variable Portfolios may be closed to future allocation of Purchase Payments. This may be at the request of the Underlying Fund or based on a decision made by Us. Advance written notice will be given to Contract owners prior to any such closure.

The investment policies, objectives and/or names of some of the Underlying Fund may be similar to those of other investment companies managed by the same investment adviser or sub adviser. However, similar investment companies often do not have comparable investment performance. The investment results of an Underlying Fund may be higher or lower than those of a similar investment company, and may be subject to different fees, charges, and investment policies, even if the portfolios have similar names.

We reserve the right, within the law, to make additions, deletions and substitutions for the subaccounts and the portfolios available in the VAA. We may substitute shares of other Underlying Funds for shares already purchased, or to be purchased in the future, under the Contract. This substitution might occur if shares of one or more of the Underlying Funds should become inappropriate for purposes of the Contract, in the judgment of Our management. The new portfolio may have higher fees and charges than the existing portfolio and not all Underlying Funds may be available to all classes of contracts. No substitution or deletion will be made to the Contract without prior notice to You and before any necessary orders of the SEC in accordance with the 1940 Act, and Your prior approval if required by law.

We also reserve the right to establish additional subaccounts, each of which would invest in shares of an investment company, with a specified investment objective. We may also eliminate one of more subaccounts if, in Our sole discretion, marketing, tax or investment conditions warrant. We will not eliminate a subaccount without prior notice to You and before any necessary order of the SEC, and Your prior approval if required by law. Not all subaccounts may be available to all classes of contracts.

If permitted by law, and with Your prior approval if required by law, We may create new Separate Accounts; deregister the VAA under the 1940 Act in the event such registration is no longer required; manage the VAA under the direction of committee; or combine the VAA with one of Our other Separate Accounts. Further, to the extent permitted by applicable law, We may transfer the assets of the VAA to another Separate Account.

If You elect an Optional Benefit, You will be subject to Investment Requirements. Please refer to "**Appendix B – Optional Benefit Investment Requirements".**

***Voting Rights***

 ****

Although We are the legal owner of the Variable Portfolio shares held in VAA, You have a beneficial interest in those shares to the extent of Your Contract Value allocated to each Variable Portfolio. Under applicable law and SEC rules governing separate accounts, We are required to pass through voting rights to owners to reflect this beneficial interest. Accordingly, We will vote Variable Portfolio shares held in VAA at the fund shareholders meetings in accordance with voting instructions received from owners.

We will determine the number of Variable Portfolio shares for which You are entitled to give instructions as described below. This determination will be within 90 days before the shareholders meeting. Proxy material and forms for giving voting instructions will be distributed to each owner. We will vote Variable Portfolio shares held in VAA, for which no timely instructions are received, in proportion to the instructions that We do receive. There is no minimum number of contract owners required to form a quorum. As a result, a small number of contract owners may determine the outcome of a vote submitted to the Variable Portfolio by VAA.

In addition, in certain limited circumstances, We may override owners' voting instructions. This may occur, for example, if required by applicable law, regulatory obligations, or legal requirements. In such cases, We will notify the owners as required by law. If We determine that We are no longer required to vote in accordance with the owners' instructions as described above, We will vote the shares in Our own right.

Until Annuity Income Payments begin, the number of Variable Portfolio shares for which You may instruct Us is determined by dividing Your Contract Value in each Variable Portfolio by the net asset value of a share of that Variable Portfolio as of the same date. After Annuity Income Payments begin, the number of Variable Portfolio shares for which You may instruct Us is determined by dividing the actuarial liability for Your Contract by the net asset value of a Variable Portfolio share as of the same date. Generally, the number of shares tends to decrease as Annuity Income Payments progress.

**Important Information**

***AuguStar Life Insurance Company***

AuguStar Life Insurance Company was organized under the laws of Ohio on September 9, 1909, as The Ohio National Life Insurance Company, and in 2023 changed its name to AuguStar Life Insurance Company. We issue life and annuities products in 49 states, the District of Columbia and Puerto Rico. Our home office is located at One Financial Way, Montgomery, Ohio 45242. We are a stock life insurance company owned by Constellation Insurance, Inc., which is wholly owned by Constellation Insurance Holdings, Inc. Currently, Constellation Insurance, Inc., has assets of approximately $35.3 billion and equity of approximately $1.7 billion. The Company is obligated and solely responsible for paying all amounts owed to You under the Contract, subject to Our financial strength and claims-paying ability.

***AuguStar Variable Account A***

We established VAA on August 1, 1969, as a Separate Account for funding variable annuity contracts. Purchase Payments for the Contracts are allocated to one or more Variable Portfolios of VAA.

Income, gains and losses, whether or not realized, from assets allocated to VAA are credited to or charged against VAA without regard to Our other income, gains or losses. The assets maintained in VAA will not be charged with any liabilities arising out of any of Our other business.

All financial guarantees arising under the Contracts, including the commitment to make Annuity Income Payments, are Our general corporate obligations. Accordingly, all Our assets are available to meet Our financial guarantees under the Contracts. Unlike assets in VAA or other separate accounts We have established, all of Our other assets may be charged with any liabilities arising out of any of Our other business.

Any guarantees under the Contract that exceed Your Contract Value, such as those associated with the Optional Benefits, are paid from Our general account (not the Separate Account). Therefore, any amounts that We may pay under the Contract in excess of Contract Value in VAA are subject to Our financial strength and claims-paying ability and Our long-term ability to make such payments. In the event of an insolvency or receivership, payments We make from Our general account to satisfy claims under the Contract would generally receive the same priority as Our other policy holder obligations.

VAA is registered as a unit investment trust under the Investment Company Act of 1940. The assets of the Variable Portfolios of VAA are invested at net asset value in Underlying Fund shares. Values of other contracts not offered through this prospectus are also allocated to VAA, including some Variable Portfolios that are not available for these contracts.

***Principal Underwriter***

AuguStar Distributors, Inc. ("ADI") is the principal underwriter of the Contracts. ADI is registered under the Securities Exchange Act of 1934 and is a member of the Financial Industry Regulatory Authority. ADI is controlled by AuguStar Life Insurance Company. ADI's principal business address is One Financial Way, Cincinnati, OH 45242. ADI is affiliated with AuguStar Life, as they are both wholly-owned subsidiaries of Constellation Insurance Holdings, Inc.

***Financial Statements***

The financial statements of the Separate Account, as well as the financial statements of the Company, are incorporated by reference in the SAI.

The financial statements of the Company that are included should be considered only as bearing upon the Company's ability to meet its contractual obligations under the Contracts. The Company's financial statements do not bear on the future investment experience of the assets held in the Separate Account.

A copy of the SAI may be obtained without charge by calling 888.925.6446, visiting www.augustarfinancial.com/starstream, or writing Us at: One Financial Way Montgomery, Ohio 45242.

***Legal Proceedings***

We and Our subsidiaries and affiliates, like other insurance companies, are involved in some class action and other lawsuits, or arbitration. As of the date of this prospectus, although the outcome of any litigation or arbitration cannot be predicted, We believe that there are no pending or threatened lawsuits that are reasonably likely to have a material adverse impact on the Separate Account, the ability of ADI to perform its contract with the Registrant, or the ability of Us to meet Our obligations under the Contracts.

**Appendix A – Investment Options Available Under the Contract**

***Underlying Funds***

The following is a list of Underlying Funds available under the Contract. More information is available in the prospectuses for the Underlying Funds, which may be amended from time to time and can be found online at www.augustarfinancial.com/starstream. You can also request this information at no cost by calling 888.925.6446 or by sending an email request to AnnuityService@augustarfinancial.com.

If You elect an Optional Benefit, You will be subject to the Investment Requirements as detailed in "**Appendix B – Optional Benefit Investment Requirements."**

The current expenses and performance information below reflects fees and expenses of the Underlying Funds, 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 other charges were included. Each Underlying Fund's past performance is not necessarily an indication of future performance.

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Type** | **Underlying Fund**<br> and<br> **Adviser/Subadviser** | **Current Expenses** | **Average Annual Total Returns**<br> **(as of 12/31/2025)** | **Average Annual Total Returns**<br> **(as of 12/31/2025)** | **Average Annual Total Returns**<br> **(as of 12/31/2025)** |
| **Type** | **Underlying Fund**<br> and<br> **Adviser/Subadviser** | **Current Expenses** | **1 year** | **5 year** | **10 year** |
| Global Equity | **American Funds<sup>®</sup> IS Global Growth Fund – Class 4**<br>*Adviser:* Capital Research and Management Company | 0.90%<sup>(1)</sup> | 21.34% | 7.97% | 11.89% |
| Large Cap Growth Equity | **American Funds<sup>®</sup> IS Growth Fund – Class 4**<br>*Adviser:* Capital Research and Management Company | 0.83% | 19.93% | 13.09% | 17.67% |
| Large Cap Blend Equity | **American Funds<sup>®</sup> IS Growth-Income Fund – Class 4**<br>*Adviser:* Capital Research and Management Company | 0.78% | 17.77% | 13.62% | 13.63% |
| Mid Cap Blend Equity | **AVIP AB Mid Cap Core Portfolio – Class II Shares**<br>*Adviser:* Constellation Investments, Inc.<br> *Sub-Adviser:* AllianceBernstein L.P. | 1.17% | N/A | N/A | N/A |
| Allocation | **AVIP Balanced Model Portfolio – Class I Shares**<br>*Adviser:* Constellation Investments, Inc. | 0.98% | 13.80% | 5.87% | N/A |
| Foreign Large Cap Blend Equity | **AVIP BlackRock Advantage International Equity Portfolio – Class II Shares** <br>*Adviser:* Constellation Investments, Inc.<br> *Sub-Adviser:* BlackRock Investment Management, LLC | 1.13% | N/A | N/A | N/A |
| Large Cap Blend Equity | **AVIP BlackRock Advantage Large Cap Core Portfolio – Class II Shares**<br>*Adviser:* Constellation Investments, Inc.<br> *Sub-Adviser:* BlackRock Investment Management, LLC | 0.95% | N/A | N/A | N/A |
| Large Cap Growth Equity | **AVIP BlackRock Advantage Large Cap Growth Portfolio – Class II Shares**<br>*Adviser:* Constellation Investments, Inc.<br> *Sub-Adviser:* BlackRock Investment Management, LLC | 0.96% | N/A | N/A | N/A |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Type** | **Underlying Fund**<br> and<br> **Adviser/Subadviser** | **Current Expenses** | **Average Annual Total Returns**<br> **(as of 12/31/2025)** | **Average Annual Total Returns**<br> **(as of 12/31/2025)** | **Average Annual Total Returns**<br> **(as of 12/31/2025)** |
| **Type** | **Underlying Fund**<br> and<br> **Adviser/Subadviser** | **Current Expenses** | **1 year** | **5 year** | **10 year** |
| Large Cap Value Equity | **AVIP BlackRock Advantage Large Cap Value Portfolio – Class II Shares** <br>*Adviser:* Constellation Investments, Inc.<br> *Sub-Adviser:* BlackRock Investment Management, LLC | 1.00% | N/A | N/A | N/A |
| Allocation | **AVIP BlackRock Balanced Allocation Portfolio – Class II Shares**<br>*Adviser:* Constellation Investments, Inc.<br> *Sub-Adviser:* BlackRock Investment Management, LLC | 0.82% | N/A | N/A | N/A |
| Corporate Bond | **AVIP Bond Portfolio – Class II Shares** <br>*Adviser:* Constellation Investments, Inc. | 0.76% | N/A | N/A | N/A |
| Allocation | **AVIP Constellation Dynamic Risk Balanced Portfolio – Class II Shares**<br>*Adviser:* Constellation Investments, Inc. | 1.12% | N/A | N/A | N/A |
| Allocation | **AVIP Constellation Managed Risk Balanced Portfolio – Class I Shares**<br>*Adviser:* Constellation Investments, Inc.<br> *Sub-Adviser:* BlackRock Investment Management, LLC | 0.64% | 13.29% | N/A | N/A |
| Allocation | **AVIP Constellation Managed Risk Growth Portfolio – Class I Shares**<br>*Adviser:* Constellation Investments, Inc.<br>*Sub-Adviser:* BlackRock Investment Management, LLC | 0.65% | 15.92% | N/A | N/A |
| Allocation | **AVIP Constellation Managed Risk Moderate Growth Portfolio – Class I Shares**<br>*Adviser:* Constellation Investments, Inc.<br> *Sub-Adviser:* BlackRock Investment Management, LLC | 0.63% | 14.75% | N/A | N/A |
| Intermediate Core-Plus Bond | **AVIP Core Plus Bond Portfolio - Class II Shares** <br>*Adviser:* Constellation Investments, Inc. | 0.74% | N/A | N/A | N/A |
| Allocation | **AVIP Growth Model Portfolio – Class I Shares**<br> **** <br> *Adviser*: Constellation Investments, Inc. | 1.01% | 17.78% | 8.85% | N/A |
| High Yield Bond | **AVIP High Income Bond Portfolio – Class II Shares** <br>*Adviser:* Constellation Investments, Inc. | 1.03% | N/A | N/A | N/A |
| Large Cap Blend Equity | **AVIP Intech U.S. Low Volatility Portfolio – Class II Shares** <br>*Adviser*: Constellation Investments, Inc.<br> *Sub-Adviser*: Intech Investment Management LLC | 0.87% | N/A | N/A | N/A |
| Allocation | **AVIP Moderate Growth Model Portfolio – Class I Shares**<br>*Adviser*: Constellation Investments, Inc. | 0.97% | 15.81% | 7.58% | N/A |
| Allocation | **AVIP Moderately Conservative Model Portfolio – Class I Shares**<br>*Adviser*: Constellation Investments, Inc. | 1.03% | 11.43% | 4.22% | N/A |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Type** | **Underlying Fund**<br> and<br> **Adviser/Subadviser** | **Current Expenses** | **Average Annual Total Returns**<br> **(as of 12/31/2025)** | **Average Annual Total Returns**<br> **(as of 12/31/2025)** | **Average Annual Total Returns**<br> **(as of 12/31/2025)** |
| **Type** | **Underlying Fund**<br> and<br> **Adviser/Subadviser** | **Current Expenses** | **1 year** | **5 year** | **10 year** |
| Large Cap Growth Equity | **AVIP Nasdaq-100<sup>®</sup> Index Portfolio<sup>(3)</sup> – Class II Shares**<br>*Adviser*: Constellation Investments, Inc.<br> *Sub-Adviser*: Geode Capital Management LLC | 0.69% | N/A | N/A | N/A |
| Large Cap Blend Equity | **AVIP S&P 500<sup>®</sup> Index Portfolio<sup>(2)</sup> – Class II Shares**<br>*Adviser*: Constellation Investments, Inc.<br> *Sub-Adviser*: Geode Capital Management LLC | 0.63% | N/A | N/A | N/A |
| Mid Cap Blend Equity | **AVIP S&P MidCap 400<sup>®</sup> Index Portfolio<sup>(6)</sup> – Class II Shares**<br>*Adviser*: Constellation Investments, Inc.<br> *Sub-Adviser*: Geode Capital Management LLC | 0.66% | N/A | N/A | N/A |
| Large Cap Growth Equity | **Fidelity<sup>®</sup> VIP Contrafund<sup>®</sup> Portfolio<sup>(4)</sup> – Service Class 2**<br>*Adviser*: Fidelity Management & Research Company | 0.79% | 21.19% | 15.08% | 15.49% |
| Large Cap Value Equity | **Fidelity<sup>®</sup> VIP Equity-Income Portfolio<sup>SM(4)</sup> – Service Class 2**<br>*Adviser*: Fidelity Management & Research Company | 0.71% | 18.75% | 12.23% | 11.32% |
| Money Market | **Fidelity<sup>®</sup> VIP Government Money Market Portfolio<sup>(4)(5)</sup> – Service Class 2**<br>*Adviser*: Fidelity Management & Research Company<br> *Subadvisers*: FMR Investment Management (UK) Limited, Fidelity Management & Research (Hong Kong) Limited, Fidelity Management & Research (Japan) Limited | 0.50% | 3.86% | 2.90% | 1.83% |
| Mid Cap Blend Equity | **Fidelity<sup>®</sup> VIP Mid Cap Portfolio<sup>(4)</sup> – Service Class 2**<br> **** <br> *Adviser*: Fidelity Management & Research Company | 0.80% | 11.49% | 9.83% | 10.31% |
| Allocation | **Franklin Income VIP Fund – Class 4**<br>*Adviser*: Franklin Advisers, Inc. | 0.82% | 12.43% | 7.54% | 7.19% |
| Large Cap Blend Equity | **Goldman Sachs U.S. Equity Insights Fund – Service Shares**<br>*Adviser*: Goldman Sachs Asset Management L.P. | 0.77%<sup>(1)</sup> | 15.49% | 13.57% | 13.49% |
| Large Cap Value Equity | **Invesco V.I. Comstock Fund – Series II**<br>*Adviser*: Invesco Advisers, Inc. | 1.00% | 17.14% | 15.14% | 11.66% |
| Allocation | **Janus Henderson VIT Balanced Portfolio – Service Shares**<br>*Adviser*: Janus Henderson Investors US LLC | 0.87% | 14.82% | 8.21% | 9.86% |
| Global Equity | **Janus Henderson VIT Global Research Portfolio – Service Shares**<br>*Adviser*: Janus Henderson Investors US LLC | 1.07% | 20.60% | 12.23% | 12.64% |
| Foreign Large Cap Blend Equity | **Janus Henderson VIT Overseas Portfolio – Service Shares**<br>*Adviser*: Janus Henderson Investors US LLC | 0.96% | 28.58% | 9.17% | 8.97% |
| Large Cap Growth Equity | **Janus Henderson VIT Research Portfolio – Service Shares**<br>*Adviser*: Janus Henderson Investors US LLC | 1.07% | 18.10% | 13.83% | 15.59% |
| Mid Cap Growth Equity | **MFS<sup>®</sup> Mid Cap Growth Series – Service Class**<br>*Adviser*: Massachusetts Financial Services Company | 1.06%<sup>(1)</sup> | 3.40% | 3.03% | 11.32% |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Type** | **Underlying Fund**<br> and<br> **Adviser/Subadviser** | **Current Expenses** | **Average Annual Total Returns**<br> **(as of 12/31/2025)** | **Average Annual Total Returns**<br> **(as of 12/31/2025)** | **Average Annual Total Returns**<br> **(as of 12/31/2025)** |
| **Type** | **Underlying Fund**<br> and<br> **Adviser/Subadviser** | **Current Expenses** | **1 year** | **5 year** | **10 year** |
| Allocation | **Nomura VIP Asset Strategy Series – Service Class**<br>*Adviser*: Delaware Management Company<br> *Subadvisers*: Macquarie Investment Management Austria Kapitalanlage AG | 0.77%<sup>(1)</sup> | 16.66% | 7.07% | 7.84% |
| Fixed Income | **PIMCO Income Portfolio – Advisor Share Class**<br>*Adviser*: Pacific Investment Management Company LLC | 1.02% | 10.08% | 3.31% | N/A |
| Inflation Protected Bond | **PIMCO Real Return Portfolio – Advisor Share Class**<br>*Adviser*: Pacific Investment Management Company LLC | 1.49% | 7.74% | 1.11% | 3.11% |

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<sup>(1)</sup> Annual expenses reflect temporary fee reductions.

<sup>(2)</sup> The S&P 500<sup>®</sup> Index is a product of S&P Dow Jones Indices LLC or its affiliates ("SPDJI"), and has been licensed for use by Constellation Investments, Inc. ("CINV") Standard & Poor's<sup>®</sup> and S&P<sup>®</sup> are registered trademarks of Standard & Poor's Financial Services LLC ("S&P"); Dow Jones<sup>®</sup> is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones"); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by CINV. The S&P 500<sup>®</sup> Index Portfolio of AuguStar<sup>®</sup> Variable Insurance Products Fund, Inc. is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates, and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the S&P 500<sup>®</sup> Index.

<sup>(3)</sup> The Nasdaq-100<sup>®</sup>, Nasdaq-100 Index<sup>®</sup>, and Nasdaq<sup>®</sup> are registered trademarks of The NASDAQ OMX Group, Inc. (which with its affiliates is referred to as "NASDAQ OMX") and have been licensed for use by AuguStar<sup>®</sup>. The portfolio and Our products have not been passed on by NASDAQ OMX as to their legality or suitability. NASDAQ OMX does not sponsor, endorse, sell or promote the portfolio or Our products. NASDAQ OMX MAKES NO WARRANTIES AND BEARS NO LIABILITY WITH RESPECT TO THE PORTFOLIO OR OUR PRODUCTS.

<sup>(4)</sup> Fidelity, the Fidelity Investments Logo, Contrafund and Equity Income, are registered service marks of FMR LLC and Used with permission.

<sup>(5)</sup> You could lose money by investing in the Fidelity VIP Government Money Market Portfolio. Although the fund seeks to preserve the value of Your investment at $1.00 per share, it cannot guarantee it will do so. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Fidelity Investments and its affiliates, and the fund's sponsor, have no legal obligation to provide financial support to the fund, and You should not expect that the sponsor will provide financial support to the fund at any time. The fund will not impose a fee upon the sale of Your shares, nor temporarily suspend Your ability to sell shares if the fund's weekly liquid assets fall below 30% of its total assets because of market conditions or other factors. The 7-day yield is net of all recurring Contract fees and charges, is prorated and more closely reflects the current earnings of the Fidelity VIP Government Money Market Portfolio than the total return.

<sup>(6)</sup> The S&P MidCap 400<sup>®</sup> Index is a product of S&P Dow Jones Indices LLC or its affiliates ("SPDJI"), and has been licensed for use by Constellation Investments, Inc. ("CINV") Standard & Poor's<sup>®</sup> and S&P<sup>®</sup>; are registered trademarks of Standard & Poor's Financial Services LLC ("S&P"); Dow Jones<sup>®</sup> is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones"); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by CINV. The S&P MidCap 400<sup>®</sup> Index Portfolio of AuguStar<sup>®</sup> Variable Insurance Products Fund, Inc. is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates, and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the S&P MidCap 400<sup>®</sup> Index.

***Fixed Accounts***

The following is a list of Fixed Accounts currently available. We may change the parameters of the Fixed Accounts listed below, offer new Fixed Accounts, and terminate existing Fixed Accounts. We will provide You with written notice before doing so. Please refer to ***Fixed Accounts*** in **"Important Information"** in the prospectus for additional information.

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| | | |
|:---|:---|:---|
| **Fixed Account** | **Term** | **Minimum Guaranteed Interest Rate** |
| Protected Fixed Account<sup>(1)</sup> | 12 Months | 0.15% |
| EDCA Fixed Account | 6 Months | 0.15% |
| EDCA Fixed Account | 12 Months | 0.15% |

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<sup>(1)</sup> Available only to Contracts with an Optional Benefit. Please refer to "**Appendix B – Optional Benefit Investment Requirements**".

**Appendix B – Optional Benefit Investment Requirements**

If You elect an Optional Benefit, You will be subject to Investment Requirements. You must comply with one of the two following options below. We reserve the right to change the Investment Requirements for prospectively issued Contracts.

**Option A – Asset Allocation Model Portfolio**

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| | |
|:---|:---|
| **Group 1**<br> Allocate 20% | **Group 2** <br> Allocate 80% |
| Protected Fixed Account | AVIP Balanced Model Portfolio - Class I Shares<br> AVIP Moderate Growth Model Portfolio - Class I Shares<br> AVIP Moderately Conservative Model Portfolio - Class I Shares |

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**Option B – Build Your Own Allocation**

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| |
|:---|
| **Group 1**<br> Allocate 20% |
| Protected Fixed Account AVIP Bond Portfolio - Class II Shares<br> AVIP Core Plus Bond Portfolio - Class II Shares<br> AVIP High Income Bond Portfolio - Class II Shares<br> Fidelity<sup>®</sup> VIP Government Money Market Portfolio - Service Class 2<br> PIMCO Income Portfolio - Advisor Share Class<br> PIMCO Real Return Portfolio - Advisor Share Class<br> American Funds<sup>®</sup> IS Global Growth Fund - Class 4<br> American Funds<sup>®</sup> IS Growth Fund - Class 4<br> American Funds<sup>®</sup> IS Growth-Income Fund - Class 4<br> AVIP AB Mid Cap Core Portfolio - Class II Shares<br> AVIP Balanced Model Portfolio - Class I Shares<br> AVIP BlackRock Advantage International Equity Portfolio - Class II Shares<br> AVIP BlackRock Advantage Large Cap Core Portfolio - Class II Shares<br> AVIP BlackRock Advantage Large Cap Growth Portfolio - Class II Shares<br> AVIP BlackRock Advantage Large Cap Value Portfolio - Class II Shares<br> AVIP BlackRock Balanced Allocation Portfolio - Class II Shares<br> AVIP Constellation Dynamic Risk Balanced Portfolio - Class II Shares<br> AVIP Constellation Managed Risk Balanced Portfolio - Class I Shares<br> AVIP Constellation Managed Risk Growth Portfolio - Class I Shares<br> AVIP Constellation Managed Risk Moderate Growth Portfolio - Class I Shares<br> AVIP Growth Model Portfolio - Class I Shares<br> AVIP Intech U.S. Low Volatility Portfolio - Class II Shares<br> AVIP Moderate Growth Model Portfolio - Class I Shares<br> AVIP Moderately Conservative Model Portfolio - Class I Shares<br> AVIP Nasdaq-100<sup>®</sup> Index Portfolio - Class II Shares<br> AVIP S&P 500<sup>®</sup> Index Portfolio - Class II Shares<br> AVIP S&P MidCap 400<sup>®</sup> Index Portfolio - Class II Shares<br> Fidelity<sup>®</sup> VIP Contrafund<sup>®</sup> Portfolio - Service Class 2<br> Fidelity<sup>®</sup> VIP Equity-Income Portfolio<sup>SM</sup> - Service Class 2<br> Fidelity<sup>®</sup> VIP Mid Cap Portfolio - Service Class 2<br> Franklin Income VIP Fund - Class 4<br> Goldman Sachs U.S. Equity Insights Fund - Service Shares<br> Invesco V.I. Comstock Fund - Series II<br> Janus Henderson VIT Balanced Portfolio - Service Shares<br> Janus Henderson VIT Global Research Portfolio - Service Shares<br> Janus Henderson VIT Overseas Portfolio - Service Shares<br> Janus Henderson VIT Research Portfolio - Service Shares<br> MFS<sup>®</sup> Mid Cap Growth Series - Service Class<br> Nomura VIP Asset Strategy Series - Service Class |

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Investment Requirements will limit how and in what investment options You can allocate Your money. We impose Investment Requirements to reduce the risk of investment losses that may require Us to use Our own assets to make guaranteed payments under an Optional Benefit.

You may use an EDCA Fixed Account to invest Your target allocation in accordance with the Investment Requirements. Amounts added to the Protected Fixed Account will not be included in the EDCA Program, if elected. If You use an EDCA Fixed Account, 80% of Your initial Purchase Payments must be allocated to the EDCA Fixed Account. You may then select Option A – Asset Allocation Model Portfolio, or Option B – Build Your Own Allocation to transfer amounts as part of the EDCA program. Please refer to ***Enhanced Dollar-Cost Averaging*** in **"Standard Benefits Included in the Contract"** for more details.

If You elect an Optional Benefit, You will be automatically enrolled in Rebalancing and authorize Us to automatically rebalance Your Contract Value in the Variable Portfolios on a periodic basis. You can modify Your Rebalancing instructions, as long as they are consistent with the Investment Requirements, by calling 888.925.6446. We will not rebalance amounts in the Protected Fixed Account or the EDCA Fixed Account under the Rebalancing program.

**Appendix C – Contract Types and Tax Information**

The Contracts described in this prospectus are classified according to the tax treatment to which they are subject under the Internal Revenue Code (the "IRC"). Below is a general description of various contract types. Eligibility requirements, tax benefits (if any), limitations, and other features of the Contracts will vary depending on contract type.

**Non-Qualified Contracts**

A nonqualified contract is a contract that does not qualify for certain tax benefits under the IRC, such as deductibility of Purchase Payments. Non-qualified contracts are not an IRA, Roth IRA, SEP-IRA, SIMPLE IRA, tax sheltered annuity, or part of a pension plan or employee-sponsored retirement program.

Upon the death of the owner of a non-qualified contract, mandatory distribution requirements are imposed to ensure distribution of the entire balance in the contract within a required period.

Non-qualified contracts that are owned by natural persons allow the deferral of taxation on the income earned in the contract until it is distributed or deemed to be distributed. Non-qualified contracts that are owned by non-natural persons, such as trusts, corporations, and partnerships are generally subject to current income tax on the income earned inside the contract, unless the non-natural person owns the contract as an agent of a natural person.

**IRA Disclosure Statement** 

This statement is designed to help You understand the requirements of federal tax law which apply to Your individual retirement annuity (IRA), Your Roth IRA, Your simplified employee pension IRA (SEP-IRA) for employer contributions, Your Savings Incentive Match Plan for Employees (SIMPLE) IRA, or to one You purchase for Your spouse. You can obtain more information regarding Your IRA either from Your sales representative or from any district office of the Internal Revenue Service.

**Eligibility Requirements for IRAs**

IRAs are intended for all persons with earned compensation whether or not they are covered under other retirement programs. Additionally, if You have a non-working spouse (and You file a joint tax return), You may establish an IRA on behalf of Your non-working spouse. A working spouse may establish his or her own IRA. A divorced spouse receiving taxable alimony (and no other income) may also establish an IRA.

**Contributions and Deductions** 

Contributions to a traditional IRA will be deductible if You are not an "active participant" in an employer maintained qualified retirement plan or if You have Adjusted Gross Income which does not exceed the "applicable dollar limit". For a single taxpayer, the applicable dollar limitation is $81,000 in 2026, with the amount of IRA contribution which may be deducted reduced proportionately for Adjusted Gross Income between $81,000 and $91,000. For married couples filing jointly, the applicable dollar limitation is $129,000, with the amount of IRA contribution which may be deducted reduced proportionately for Adjusted Gross Income between $129,000 and $149,000. There is no deduction allowed for IRA contributions when Adjusted Gross Income reaches $91,000 for individuals and $149,000 for married couples filing jointly. IRA contributions must be made by no later than the time You file Your income tax return for that year. Special limits apply for the non-active participant spouse where a joint return is filed with an active participant.

The IRA maximum annual contribution and the associated tax deduction is limited to the lesser of: (1) $7,500 in 2026 or (2) 100% of Your earned compensation. Those age 50 or older may make an additional IRA contribution of $1,100 per year in 2026. In the case of any taxable year beginning in a calendar year after 2026, the $1,000 shall be periodically increased as stipulated in IRC Sections 219(b)(5)(B)(ii), 219 (b)(5)(C)(iii) and 219(b)(5)(D). Contributions in excess of the limits may be subject to penalty. See below.

The maximum tax-deductible annual contribution that a divorced spouse with no other income may make to an IRA is the lesser of (1) $7,100 or (2) 100% of taxable alimony.

Contributions made by Your employer to Your SEP-IRA are excludable from Your gross income for tax purposes in the calendar year for which the amount is contributed. Certain employees who participate in a SEP-IRA will be entitled to elect to have their employer make contributions to their SEP-IRA on their behalf or to receive the contributions in cash. If the employee elects to have contributions made on the employee's behalf to the SEPP, the employee's salary is reduced by the amount of the contribution, and those funds are not treated as current taxable income. Salary-reduction SEP-IRAs (also called "SARSEPs") are available only if at least 50% of the employees elect to have amounts contributed to the SEP-IRA and if the employer has 25 or fewer employees at all times during the preceding year. New SARSEPs may no longer be established. Elective deferrals under a SARSEP are subject to an inflation-adjusted limit which is $24,500 for 2026.

Under a SEP-IRA agreement, the maximum annual contribution which Your employer may make on Your behalf to a SEP-IRA contract which is excludable from Your income is the lesser of 100% of Your salary or $72,000 in 2026. An employee who is a participant in a SEPP-IRA agreement may make after-tax contributions to the SEP-IRA contract, subject to the contribution limits applicable to IRAs in general. Those employee contributions will be deductible subject to the deductibility rules described above. The Internal Revenue Service has reviewed the format of Your SEP-IRA and issued an opinion letter to Us stating that it qualifies as a prototype SEP-IRA.

If You or Your employer should contribute more than the maximum contribution amount to Your IRA or SEP-IRA, the excess amount will be considered an "excess contribution". You may withdraw an excess contribution from Your IRA (or SEP-IRA) before Your tax filing date without adverse tax consequences. If, however, You fail to withdraw any such excess contribution before Your tax filing date, a 6% excise tax will be imposed on the excess for the tax year of contribution.

Once the 6% excise tax has been imposed, an additional 6% penalty for the following tax year can be avoided if the excess is (1) withdrawn before the end of the following year, or (2) treated as a current contribution for the following year.

An individual retirement annuity must be an annuity contract. In Our opinion, the optional additional death benefits available under the Contract are part of the annuity contract. There is a risk, however, that the Internal Revenue Service would take the position that one or more of the optional additional death benefits are not part of the annuity Contract. In such a case, the charges for the optional additional death benefits would be considered distributions from the IRA and would be subject to tax, including penalty taxes. The charges for the optional additional death benefits would not be deductible. It is possible that the IRS could determine that optional death proceeds in excess of the greater of the Contract Value or net Purchase Payments are taxable to Your Beneficiary. Should the IRS so rule, We may have to tax report such excess death benefits as taxable income to Your Beneficiary. If the IRS were to take such a position, We would take all reasonable steps to avoid this result, including the right to amend the Contract, with appropriate notice to You.

The Contracts may not be eligible for use in Puerto Rico IRAs.

**IRA for Non-working Spouse** 

If You establish an IRA for Yourself, You may also be eligible to establish an IRA for Your "non-working" spouse. In order to be eligible to establish such a spousal IRA, You must file a joint tax return with Your spouse and if Your non-working spouse has compensation, his/her compensation must be less than Your compensation for the year. Contributions of up to $15,000 may be made to the two IRAs if the combined compensation of You and Your spouse is at least equal to the amount contributed. If requirements for deductibility (including income levels) are met, You will be able to deduct an amount equal to the least of (i) the amount contributed to the IRA's; (ii) $15,000; or (iii) 100% of Your combined gross income.

Contributions in excess of the contribution limits may be subject to penalty. Please refer to the above under "**Contributions and Deductions**". If You contribute more than the allowable amount, the excess portion will be considered an excess contribution. The rules for correcting it are the same as discussed above for regular IRAs.

Other than the items mentioned in this section, all of the requirements generally applicable to IRAs are also applicable to IRAs established for non-working spouses.

**Rollover Contribution** 

Once every year, You may withdraw any portion of the value of Your IRA (or SEP-IRA) and move it to another IRA. Withdrawals may also be made from other IRAs and contributed to this Contract. Note – You are limited to one rollover per year regardless of how many IRA contracts You own. This transfer of funds from one IRA to another is called a "rollover" IRA. To qualify as a rollover contribution, the entire portion of the withdrawal must be reinvested in another IRA within 60 days after the date it is received. You are not allowed a tax-deduction for the amount of any rollover contribution. Transfers of funds directly from one IRA to another IRA, if done properly, is not a rollover and is not subject to the once per year limitation.

A similar type of rollover to an IRA can be made with the proceeds of a qualified distribution from a qualified retirement plan or tax-sheltered annuity. Properly made, such a distribution will not be taxable until You receive payments from the than all of a qualified distribution into an IRA, but any part of it not rolled over will be currently includable in Your income without any capital gains treatment.)

**Premature Distributions** 

At no time can an interest in Your IRA (or SEP-IRA) be forfeited. The federal tax law does not permit You to use Your IRA (or SEP-IRA) as security for a loan. Furthermore, as a general rule, You may not sell or assign Your interest in Your IRA (or SEP-IRA) to anyone. Use of an IRA (or SEP-IRA) as security or assignment of it to another will invalidate the entire annuity. It then will be includable in Your income in the year it is invalidated and will be subject to a 10% penalty tax if You are not at least age 59 ½ or totally disabled. (You may, however, assign Your IRA (or SEP-IRA) without penalty to Your former spouse in accordance with the terms of a divorce decree.)

You may withdraw part of the value of Your IRA (or SEP-IRA). If a withdrawal does not qualify as a rollover, the amount withdrawn will be includable in Your income and subject to the 10% penalty if You are not at least age 59 ½ or totally disabled or the withdrawal meets the requirements of another exception contained in the IRC, unless You comply with special rules requiring distributions to be made at least annually over Your life expectancy.

The 10% penalty tax does not apply to the withdrawal of an excess contribution as long as the excess is withdrawn before the due date of Your tax return. Withdrawals of excess contributions after the due date of Your tax return will generally be subject to the 10% penalty unless the excess contribution results from erroneous information from a plan trustee making an excess rollover contribution or unless You are over age 59 ½ or are disabled.

**Distribution at Retirement** 

Once You have attained age 59 ½ (or have become totally disabled), You may elect to receive a distribution of Your IRA (or SEP-IRA) regardless of when You actually retire. You may elect to receive the distribution in either one sum or under any one of the periodic payment options available under the Contract. The distributions from Your IRA under any one of the periodic payment options or in one sum will be treated as ordinary income as You receive them unless nondeductible contributions were made to the IRA. In that case, only earnings will be income.

**Required Minimum Distributions** 

Required minimum distributions are required to be taken from this Contract as of the owner's required beginning date ("RBD"). The RBD for individuals born on or after July 1, 1949, is April 1 of the year following the year in which the individual attains age 72. For individuals born before July 1, 1949, the RBD is April 1 of the year following the year in which the individual attains age 70 ½. For individuals born on or after January 1, 1951, and prior to January 1, 1960, the RBD is April 1 of the year following the year in which the individual attains age 73.

**Inadequate Distributions — 25% Tax** 

Your IRA or SEP-IRA is intended to provide retirement benefits over Your lifetime. Thus, federal law requires that You either (1) receive a lump-sum distribution of Your IRA by Your RBD or (2) start to receive periodic payments by that date. If You elect to receive periodic payments, those payments are calculated by dividing Your account balance by the distribution period shown on the Uniform Lifetime Table published by the Internal Revenue Service. If the payments are not sufficient to meet these requirements, an excise tax of 25% will be imposed on the amount of any underpayment, which will be reduced to 10% if corrected within 2 years.

**Death Benefits** 

If You die before receiving the entire value of Your IRA (or SEP-IRA), the remaining interest must be distributed to Your Beneficiary within 10 years of death or applied to purchase an immediate annuity for the Beneficiary within one year of death, with the annuity limited in duration to 10 years. If Your Beneficiary is an eligible designated Beneficiary, that individual may "stretch" the IRA, taking annual required minimum distributions over the individual's life expectancy. An eligible designated Beneficiary is defined as (1) Your spouse, (2) any Beneficiary no more than ten years younger than You, (3) Your minor child, but only until the child reaches the age of majority, (4) a disabled individual, or (5) a chronically ill individual. Special rules apply to spousal Beneficiaries regarding the date required distributions must begin and the period of time over which distributions must be paid. Non-natural person Beneficiaries must receive their benefit within 5 years of death.

**Roth IRAs** 

Section 408A of the IRC permits eligible individuals to contribute to a type of IRA known as a "Roth IRA." In 2026, contributions may be made to a Roth IRA by taxpayers with adjusted gross incomes of less than $242,000 for married individuals filing jointly and less than $153,000 for single individuals. Married individuals filing separately are not eligible to contribute to a Roth IRA. The maximum amount of contributions allowable for any taxable year to all Roth IRAs maintained by an individual is generally the same as the contribution limits for traditional IRAs (the limit is phased out for incomes between $242,000 and $252,000 for married and between $153,000 and $168,000 for singles). The contribution limit is reduced by the amount of any contributions made to a non-Roth IRA. Contributions to a Roth IRA are not deductible. Catch up contributions are available for persons age 50 or older. After 2024, the maximum regular contribution and income amounts above will be adjusted by the Secretary of the Treasury for cost-of-living increases under IRC Section 408A(c)(3). For 2026, catch up contributions is $1,100.

All or part of amounts in a non-Roth IRA may be converted, transferred or rolled over to a Roth IRA. Some or all of the IRA value will typically be includable in the taxpayer's gross income. Provided a rollover contribution meets the requirements for IRAs under Section 408(d)(3) of the IRC; a rollover may be made from a Roth IRA to another Roth IRA.

**Persons considering a rollover, transfer, or conversion should consult their own tax advisor.** 

"Qualified distributions" from a Roth IRA are excludable from gross income. A "qualified distribution" is a distribution that satisfies two requirements: (1) the distribution must be made (a) after the owner of the IRA attains age 59 ½; (b) after the owner's death; (c) due to the owner's disability; or (d) for a qualified first time homebuyer distribution within the meaning of Section 72(t)(2)(F) of the IRC; and (2) the distribution must be made in the year that is at least five years after the first year for which a contribution was made to any Roth IRA established for the owner or five years after a rollover, transfer or conversion was made from a non-Roth IRA to a Roth IRA. Distributions from a Roth IRA that are not qualified distributions will be treated as made first from contributions and then from earnings and taxed generally in the same manner as distributions from a non-Roth IRA.

Distributions from a Roth IRA need not commence at the owner's RBD. However, if the owner dies before the entire interest in a Roth IRA is distributed, any remaining interest in the Contract must be distributed by December 31 of the calendar year containing the fifth anniversary of the owner's death subject to certain exceptions.

**Savings Incentive Match Plan for Employees (SIMPLE)** 

An employer may sponsor a plan allowing for employee salary deferral contributions with an additional employer contribution. SIMPLE plans may operate as a 401(k) or an IRA. Limits for employee contributions to a SIMPLE are $18,200 in 2026. Employees age 50 and older may contribute an additional $4,000 in 2026 (or $5,250 if between the ages of 60 to 63). Distributions from a SIMPLE are subject to restrictions similar to distributions from a traditional IRA. Additional terms of Your SIMPLE are in a summary plan description distributed by Your employer.

**Reporting to the IRS** 

Whenever You are liable for one of the penalty taxes discussed above (6% for excess contributions, 10% for premature distributions or 50% for underpayments), You must file Form 5329 with the Internal Revenue Service. The form is to be attached to Your federal income tax return for the tax year in which the penalty applies. Normal contributions and distributions must be shown on Your income tax return for the year to which they relate.

**Appendix D – Optional Benefit Examples**

For all the examples, please assume Jean is the Owner and Annuitant. Withdrawal charges do not impact any of the examples below.

**<u>Roll-Up Base Example</u>**

***No Additional Purchase Payment during the Roll-Up Period***

 ****

On January 1, Jean is issued the Contract with $100,000 in Purchase Payments. Her initial Protected Benefit Base, Roll-Up Base, and Roll-Up Calculation Base are $100,000. Her Roll-Up Rate is 6%. If Jean does not make any subsequent Purchase Payments, on her yearly Benefit Date Anniversary (January 1), her Roll-Up Calculation Base remains $100,000 and her new Roll-Up Base and Protected Benefit Base will be $106,000 ($100,000 + 6.0% x $100,000) assuming there are no Step-Ups.

***Subsequent Purchase Payments during the Roll-Up Period***

 ****

On January 1, Jean is issued the Contract with $100,000 in Purchase Payments. Her initial Protected Benefit Base is $100,000, her Roll-Up Base is $100,000, her Roll-Up Calculation Base is $100,000, and her Roll-Up Rate is 6%. The initial Step-Up Base is $100,000. On June 1, Jean makes a $50,000 Purchase Payment. The next day, on June 2, Jean's Protected Benefit Base is $150,000, her Roll-Up Base is $150,000, her Step-Up Base is $150,000, and her Roll-Up Calculation Base is $150,000.

On her first Benefit Date Anniversary, because the subsequent Purchase Payment was made 151 days after the effective date of the rider, the subsequent Purchase Payment will earn prorated interest equal to $1,758.90 = (1-151 days/365 days) x 6.0% (the Roll-Up Rate) x $50,000 (Purchase Payment). Her initial Purchase Payment will earn the full amount of interest, $6,000 = $100,000 (initial Purchase Payment) x 6.0% (Roll-Up Rate). At Jean's first Benefit Date Anniversary, her Roll-Up Base will equal $157,758.90 = ($150,000 + $6,000 + $1,758.90) and her Roll-Up Calculation Base will equal $150,000.00.

Assume her Contact Value is $145,000 due to market movements, which is less than her Step-Up Base, so her Step-Up Base remains $150,000. Finally, to determine her Protected Benefit Base the Step-Up Base is compared to the Roll-Up Base and the maximum of those two is taken as the Protected Benefit Base, in this case is $157,758.90.

Next, assume before her second Benefit Date Anniversary Jean's Protected Benefit Base and Roll-Up Base are $157,758.90, her Step-Up Base and Roll-Up Calculation Base are $150,000, and she takes her one-time Pre-Lifetime Withdrawal of $7,250. Assume before the Pre-Lifetime Withdrawal her Contract Value is $145,000. Since the Pre-Lifetime Withdrawal reduced the Contract Value by 5% ($7,250 / $145,000), all Bases will be reduced by 5% as well. The Protected Benefit Base and the Roll-Up Base will be reduced by $7,887.95 (5.0% x $157,758.90) to $149,870.95. The Step-Up Base and the Roll-Up Calculation Base will be reduced by $7,500 (5.0% x $150,000) to $142,500. The resulting Contract Value would be $137,750.

On Jean's second Benefit Date Anniversary, assuming she takes no other withdrawals, she will still earn simple interest but it will be based on the reduced Roll-Up Calculation Base, no matter when the Pre-Lifetime Withdrawal was taken during the year; interest will not be paid on a prorated basis. Her Roll-Up Base will equal $158,420.95 ($149,870.95 + $142,500 x 6.0%). Assuming her Contract Value remains unchanged, her Step-Up Base would remain at $142,500 which means her Protected Benefit Base would equal $158,420.95.

Please note that in the case of an Excess Withdrawal there would be no Roll-Up since by taking any withdrawal other than a Pre-Lifetime Withdrawal, it nullifies the Roll-Up for the Benefit Year. If everything else in the Pre-Lifetime example above is the same except that the withdrawal is an Excess Withdrawal, the Roll-Up Base on Jean's second Benefit Anniversary would be $149,870.95, the value of the Roll-Up Base after being reduced for the Excess Withdrawal. As a result, the Protected Benefit Base would equal $149,870.95.

The Roll-Up Calculation Base is used solely to calculate the amount of simple interest added to the Roll-Up Base. The initial Roll-Up Calculation Base equals the initial Protected Benefit Base, increased by any subsequent Purchase Payments, and adjusted proportionally for any Pre-Lifetime Withdrawal or Excess Withdrawal.

On each subsequent Benefit Date Anniversary during the Roll-Up Period, the Roll-Up Base is recalculated as the sum of the prior Roll-Up Base and simple interest equal to the Roll-Up Rate multiplied by the Roll-Up Calculation Base. Simple interest on Subsequent Purchase Payments made during the Roll-Up Period is calculated on a prorated basis from the date of payment to the next Benefit Date Anniversary.

**<u>Step-Up Base Example</u>**

***Annual Step-Up Base***

On January 1, Jean is issued the Contract with $100,000 in Purchase Payments. The Optional Benefit she elected (either Level, Boost, or Protector) has an annual Step-Up Base. Her initial Protected Benefit Base is $100,000 and her Step-Up Base is $100,000. On her first yearly Benefit Date Anniversary, her Contract Value has increased to $107,000. At the end of her first Benefit Year, her Step-Up Base is $107,000 and her Roll-Up Base is $106,000. Given that her Step-Up Base is greater than her Roll-Up Base, Jean's Protected Benefit Base will equal $107,000 at the end of the first Benefit Year.

***Daily Step-Up Base***

On January 1, Jean is issued the Contract with $100,000 in Purchase Payments. She selected the Daily Optional Benefit which has a Daily Step-Up Base. At the end of the first quarter, the highest Contract Value she experienced was $103,000. As a result, her Step-Up Base increased to $103,000 at the end of the first quarter. At the end of the second quarter, the highest Contract Value her annuity experienced was $102,500. As a result, her Step-Up Base remains $103,000 at the end of the second quarter. At the end of the third quarter, the highest Contract Value her annuity experienced was $103,500. As a result, her Step-Up Base increased to $103,500 at the end of the third quarter. At the end of the fourth quarter, the highest Contract Value her annuity experience in the past quarter was $107,000. As a result, at the end of the fourth quarter, her Step-Up Base increased to $107,000. Since her Step-Up Base was greater than her Roll-Up Base ($106,000), her new Protected Benefit Base after the first Benefit Year is $107,000.

**<u>Pre-Lifetime Withdrawal Example</u>**

Assume Jean's Roll-Up Base, Roll-Up Calculation Base, Step-Up Base, and Protected Benefit Base are $100,000. Jean's Contract Value is $90,000 when she elects to take a Pre-Lifetime Withdrawal of $9,000. Jean's Roll-Up Base, Roll-Up Calculation Base, Step-Up Base, and Protected Benefit Base will each be reduced by 10% ($9,000 / $90,000) to $90,000.

If Jean takes no other withdrawals for the year, she will still be eligible for a Roll-Up Credit, which will be a function of the new Roll-Up Calculation Base.

At the next Benefit Date Anniversary, assume her Contract Value is $80,000 and assume a Roll-Up Rate of 6.0%. The new Roll-Up Base equals the prior Roll-Up Base plus the Roll-Up Calculation Base times the Roll-Up Rate; $90,000 + $90,000 x 6.0% = $95,400. Since the Contract Value is below the Step-Up Base, the Step-Up Base equals $90,000. The Protected Benefit Base equals the maximum of the Roll-Up Base and the Step-Up Base, and is therefore equal to $95,400.

Even though Jean took a Pre-Lifetime Withdrawal, if Jean defers any additional withdrawals, she may still be eligible for a Deferral Credit. Assume that after deferring any additional withdrawals (other than the Pre-Lifetime Withdrawal) the Contract Value is $100,000, the Protected Benefit Base is $117,000 ($90,000 + 6.0% x 5 x $90,000), the Maximum Protected Annual Withdrawal Rate is 6.0%, and the 5-year Deferral Credit is 0.40%. After deferring for 5 years the Maximum Protected Annual Withdrawal amount would be $117,000 x (6.0% + 0.40%) = $7,488.

**<u>Maximum Protected Annual Withdrawal Example</u>**

Assume Jean is 60 years old when her Contract is issued, her initial Purchase Payment is $100,000, her Roll-Up Rate is 6%, her 5-year Deferral Credit is 0.40%, and assume her Maximum Protected Annual Withdrawal Rate age bands are as follows (applicable Maximum Protected Annual Withdrawal rates will be available in the Rate Sheet Supplement):

---

| | |
|:---|:---|
| **Age Band** | **Maximum Protected Annual Withdrawal Rate** |
| 60-64 | 4.80% |
| 65-69 | 6.00% |
| 70+ | 6.40% |

---

If Jean elects to begin Maximum Protected Annual Withdrawals right away, since she is 60 years old, she will fall into the 60-64 age band, and her Maximum Protected Annual Withdrawal Rate would be 4.8%. Her Maximum Protected Annual Withdrawal amount will equal $4,800 ($100,000 x 4.8%).

Assume Jean defers withdrawals until she is 65 years old and she earned 5 years of roll-ups but no step-ups. Also, assume she earned her 5-year Deferral Credit. Her Protected Benefit Base is now $130,000. If she then starts her Maximum Protected Annual Withdrawals, she will be 65 years old and will fall into the 65-69 age band. Her Maximum Protected Annual Withdrawal Rate will be 6.4% (6.0% + 0.40%). Her Maximum Protected Annual Withdrawal amount will equal $8,320 ($130,000 x 6.4%).

Assume Jean defers withdrawals until she is 70 years old and she earned 10 years of roll-ups but no step-ups. Also, assume she earned her 5-year Deferral Credit. Her Protected Benefit Base is now $160,000. Since she is 70 years old, she will fall into the 70+ age band and her Maximum Protected Annual Withdrawal rate is 6.8% (6.4% + 0.4%). Her Maximum Protected Annual Withdrawal amount will equal $10,880 ($160,000 x 6.8%).

**<u>Deferral Credit Example</u>**

Assume Jean is issued the Contract with the Level Optional Benefit on January 1, 2026, with a $100,000 Purchase Payment, a Roll-Up Rate of 6.0%, a Maximum Protected Annual Withdrawal Rate of 6.0%, and a 5-year Deferral Credit of 0.40%. Jean defers withdrawals 5 years until January 2, 2031. Assuming there are no step-ups and no subsequent Purchase Payments, her Protected Benefit Base would be $130,000 ($100,000 x 6.0% x 5 + $100,000) and her Maximum Protected Annual Withdrawal Rate would equal the Maximum Protected Annual Withdrawal Rate plus the Deferral Credit; 6.0% + 0.40% = 6.4%. The resulting Maximum Protected Annual Withdrawal amount would equal the Maximum Protected Annual Withdrawal Rate times the Protected Benefit Base; $130,000 x 6.4% = $8,320. Now assume instead Jean made a subsequent Purchase Payment of $25,000 on January 1, 2031. Her Protected Benefit Base would equal $155,000 and her Deferral Credit would equal 0.32% ($100,000 / ($100,000 + $25,000) x 0.40%) since the Deferral Credit is only applicable to the Purchase Payments she made in the first Benefit Year. When starting withdrawals on January 2, 2031, the resulting Maximum Protected Annual Withdrawal amount would equal $9,796 ($155,000 x 6.32%).

Instead, assume Jean defers withdrawals for 3 years until January 2, 2029, with no subsequent Purchase Payments. Her Protected Benefit Base would be $118,000 ($100,000 x 6.0% x 3 + $100,000) and her Maximum Protected Annual Withdrawal Rate would equal 6.0% since she did not defer for at least 5 years. The resulting Maximum Protected Annual Withdrawal amount would equal the Maximum Protected Annual Withdrawal Rate times the Protected Benefit Base; $118,000 x 6.0% = $7,080.

**<u>Impact of Excess Withdrawals</u>**<u>**Example**</u>

Assume Jean's Roll-Up Base, Roll-Up Calculation Base, Step-Up Base, and Protected Benefit Base are $100,000, her Contract Value is $86,000, her Maximum Protected Annual Withdrawal amount is $6,000, and Jean takes a $10,000 withdrawal. In this scenario $4,000 is considered excess and will reduce all bases by 5% ($4,000 / ($86,000 - $6,000). After the Excess Withdrawal the Roll-Up Base, Roll-Up Calculation Base, Step-Up Base, and Protected Benefit Base are reduced to $95,000.

In situations where only a portion of a withdrawal constitutes an Excess Withdrawal, the portion that is not an Excess Withdrawal will first be deducted from the Contract Value to determine the Contract Value prior to taking the Excess Withdrawal.

**<u>Level Example</u>**

Assume that on January 1, 2026, Jean is issued the Contract with $100,000 in Purchase Payments. On January 31, 2026, she elects to begin Maximum Protected Annual Withdrawals. Her Protected Benefit Base is $100,000, Contract Value is $95,000, Maximum Protected Withdrawal Rate is 6.0% and she receives no Deferral Credit. Her current Maximum Annual Withdrawal Amount would be $100,000 x 6.0% = $6,000, which she will receive for life assuming she does not take an Excess Withdrawal.

**<u>Boost Example</u>**

Assume that on January 1, 2026, Jean is issued the Contract with $100,000 in Purchase Payments. On January 31, 2026, she elects to begin Maximum Protected Annual Withdrawals. Her Protected Benefit Base is $100,000, Contract Value is $95,000, Maximum Protected Annual Withdrawal Rate is 8.0% during the Protected Lifetime Withdrawal Period and 3.5% in the Protected Lifetime Income Period, and she receives no Deferral Credit. Her current Maximum Protected Annual Withdrawal amount would $8,000 ($100,000 x 8.0%) during the Protected Lifetime Withdrawal Period.

Jean continues to withdraw $8,000 each year. On January 1, 2041, assume Jean's Contract Value is $2,000. Jean can still take the full $8,000 in this year which will reduce the Contract Value to $0.

On January 1, 2042, when Jean enters the Protected Lifetime Income Period, assuming the Protected Benefit Base is still $100,000, her Protected Lifetime Withdrawal is now $100,000 x 3.5% = $3,500.

**<u>Daily Example</u>**

Assume Jean is issued the Contract with $100,000 Purchase Payment on January 1, 2026. Assume on February 1, 2026, her Contract Value reaches its highest value for the quarter of $120,000. On April 1, 2026, the quarterly Benefit Anniversary, the Step-Up Base is set to $120,000 since that was the highest observed Contract Value over the past quarter. The Roll-Up Base remains at $100,000 and the Protected Benefit Base is set to $120,000. On April 2, 2026, assume Jean elects to begin Maximum Protected Annual Withdrawals. The Contract Value is $100,000, the Maximum Protected Annual Withdrawal Rate is 6.0%, and her Protected Benefit Base is $120,000. Her current Maximum Protected Annual Withdrawal Amount would be $120,000 x 6.0% = $7,200.

**<u>Protector Example</u>**

Assume that on January 1, 2026, Jean is issued the Contract with $100,000 in Purchase Payments. On January 31, 2026, she elects to begin Maximum Protected Annual Withdrawals. Her Protected Benefit Base is $100,000, Contract Value is $95,000, Maximum Protected Annual Withdrawal Rate is 6.0%. Her Maximum Protected Annual Withdrawal amount would be $100,000 x 6.0% = $6,000, which she will receive for life assuming she does not take an Excess Withdrawal.

**<u>Protected Death Benefit Example</u>**

Assume before Jean's last annuitization date, she passes away. On that date, her Contract Value is $50,000, her total Purchase Payments paid were $100,000, and her Protected Death Benefit Base is $100,000. The Protected Death Benefit would be $100,000.

In the example above, if her Contract Value was $120,000 instead, then her Protected Death Benefit in this instance would be $120,000.

Alternatively, assume that the Contract Value is $100, the Protected Benefit Base is $130,000, the Protected Death Benefit Base is $100,000, the Maximum Protected Annual Withdrawal amount is $7,800, and the Protected Death Benefit Fee rate is 0.50%. If Jean takes her Maximum Protected Annual Withdrawal amount for the year, her Contract Value will go to $0. If she does not take their Maximum Protected Annual Withdrawal amount, the Protected Death Benefit Fee will be assessed: $100,000 x 0.50% = $500, which is greater than the Contract Value and will take the Contract Value to $0 (note only $100 is assessed in this case). In either case the Contract owner will enter the Protected Lifetime Income Period and the Protected Death Benefit Base will no longer apply. No death benefit will be paid out should Jean pass away during the Protected Lifetime Income Period.

**Appendix E – State Availability and/or Variations**

---

| | | |
|:---|:---|:---|
| **PROSPECTUS<br> PROVISION** | **AVAILABILITY OR VARIATION** | **ISSUE STATE** |
| **Right to Examine** | If You are age 60 or older on the Contract issue date, the right to examine period is 30 days. During the right to examine period, You will be invested in the money market portfolio. If You cancel Your Contract, You will receive Your Purchase Payments paid.<br>If You are age 60 on the Contract issue date and You cancel Your Contract within the right to examine, You will receive the Contract Value on the day We received Your request in Good Order at the Annuity Service Center. During the right to examine period, You will be invested in the money market portfolio. | California |
| **Right to Examine** | The right to examine period is 21 days and if You cancel Your Contract, the amount You will receive will be Your Contract Value plus fees and charges on the day We receive Your request in Good Order. | Florida |

---

Additional information about the Contract, the Separate Account, and the Company can be found in the Statement of Additional Information ("SAI") dated May 18, 2026 that is available upon request without charge. To request a copy or to ask about Your Contract, please contact:

One Financial Way

Montgomery, Ohio 45242

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;888.925.6446 Or visit www.augustarfinancial.com/starstream.

Reports and other information about AuguStar Variable Account A are available on the SEC's website at http://www.sec.gov. Copies of this information may be obtained, upon payment of a duplicating fee, by electronic request at the following email address: publicinfo@sec.gov.

EDGAR Contract Identifier: C000267449

**STATEMENT OF ADDITIONAL INFORMATION**

**StarStream Variable Annuity**

**May 18, 2026**

**Issued by**

**AuguStar<sup>®</sup> Variable Account A**

**of**

**AuguStar<sup>®</sup> Life Insurance Company**

This Statement of Additional Information ("SAI") is not a Prospectus and should be read in conjunction with the Contract's Prospectus, dated May 18, 2026. A copy of the prospectus may be obtained without charge by calling 888.925.6446, visiting www.augustarfinancial.com/starstream, or writing us at:

**One Financial Way**

**Montgomery, Ohio 45242**

**Table of Contents**

---

| |
|:---|
| [The Company and the Separate Account](#sai_01) |
| [Custodian](#sai_02) |
| [Non-Principal Risks of Investing In The Contract](#sai_03) |
| [Independent Registered Public Accounting Firm](#sai_04) |
| [Underwriter](#sai_05) |
| [Calculation of Performance Data](#sai_06) |
| [Financial Statements](#sai_07) |

---

**The Company and the Separate Account**

AuguStar Life Insurance Company ("AuguStar Life") was organized under the laws of Ohio on September 9, 1909, as The Ohio National Life Insurance Company, and on October 2, 2023 changed its name to AuguStar Life Insurance Company. We write life, accident and health insurance and annuities in 49 states, the District of Columbia and Puerto Rico. Our home office is located at One Financial Way, Montgomery, Ohio 45242. We are a stock life insurance company owned by Constellation Insurance, Inc., which is wholly-owned by Constellation Insurance Holdings, Inc. Currently, Constellation Insurance, Inc. has assets of approximately $42.2 billion and equity of approximately $1.9 billion.

AuguStar Variable Account A ("VAA") was established by The Ohio National Life Insurance Company on August 1, 1969, as a separate account registered as a unit investment trust under the Investment Company Act of 1940 to funding variable annuity contracts. On October 2, 2023, the name of the Separate Account was changed from "Ohio National Variable Account A" to "AuguStar Variable Account A."

**Custodian**

AuguStar Life, the depositor, One Financial Way, Montgomery, Ohio 45242, holds custody of VAA's assets.

**Non-Principal Risks of Investing In The Contract**

There are potential risks associated with annuity contracts, including opportunity cost, early death, divorce, affiliated funds, and fund of funds arrangements, which may impact the value and returns of the investment.

Principal amounts committed to an annuity contract are limited to the investment options available within the contract. This restriction may cause you to miss out on potentially more profitable investment opportunities outside of the contract, leading to an opportunity cost.

If you die earlier than expected, your designated beneficiary may not receive the full benefit of the future payments. The annuity contract is designed to provide payments over a specified period, often based on your life expectancy. If you pass away sooner, the remaining payments will not be fully realized, reducing the financial benefit to your beneficiary.

In the event of a divorce, the annuity contract may be considered a marital asset, subject to division between you and your former spouse. This division can significantly reduce the financial benefit you receive from the annuity, as the value intended for your retirement may be diminished or lost entirely.

There may be an incentive to select affiliated funds because they generate more revenue for the company. This potential conflict of interest could impact the overall returns on the investment, as the selection of funds may not be entirely aligned with optimizing financial outcomes for the investors.

In some fund of funds (or master-feeder) arrangements, you may pay fees and expenses at both the fund of funds level and the underlying fund level. These additional layers of fees can significantly reduce the overall returns on your investment, as the more fees you pay, the less money you have working for you.

We rely heavily on technology, including interconnected computer systems and data storage networks and digital communications, to conduct our business. Because our business is highly dependent on the effective operation of our computer systems and those of our service providers and partners, our business is vulnerable to disruptions from utility outages and susceptible to operational and information security risks resulting from information system failure (e.g., hardware and software malfunction), and cyberattacks. Cyberattacks may be systemic (e.g., affecting the internet, cloud services, or other infrastructure) or targeted (e.g., failures in breach of our systems or those of third parties on whom we rely, including ransomware and malware attacks). Cybersecurity risks include, among other things, the loss, theft, misuse, corruption and destruction of data maintained online or digitally, interference with or denial of service, attacks on our websites (or the websites of third parties on whom we rely), other operational disruption and unauthorized release, use or abuse of confidential customer information. The risk of cyberattacks may be higher during periods of geopolitical turmoil. Due to the increasing sophistication of cyberattacks, a cybersecurity breach could occur and persist for an extended period of time without detection. Systems failures and cyberattacks, as well as, any other catastrophic event, including natural and manmade disasters, public health emergencies, pandemic diseases, terrorist attacks, floods or severe storms affecting us, any third-party administrator, the underlying portfolios, intermediaries and other affiliated or third-party service providers may adversely affect us, our business operations and your account value and interfere with our ability to process contract transactions and calculate account values. Systems failures and cyberattacks may also interfere with our processing of contract transactions, including the processing of orders from our website or with the underlying portfolios, impact our ability to calculate account values and unit values and/or the underlying portfolios to be able to calculate share values, cause the release or possible destruction of confidential customer and/or business information, impede order processing or cause other operational issues, subject us and/or our service providers and intermediaries to regulatory fines, litigation and financial losses and/or cause reputational damage. Cybersecurity risks may also impact the issuers of securities in which the underlying portfolios invest, which may cause the underlying portfolios to lose value. The preventative actions we take to reduce the frequence and severity of cybersecurity incidents and protect our computer systems may be insufficient to prevent a cybersecurity breach from impacting our operations or your contract value. There can be no assurance that we or the underlying portfolios or our service providers and intermediaries will be able to avoid cybersecurity breaches affecting your contract.

The development and deployment of AI tools and technologies, including generative AI, and its use and anticipated use by use or by third parties on whom we rely, may increase our existing operational risks or create new operation risks that we are not currently anticipating. AI and generative AI may be misused by us or by third parties upon which we rely, and that risk is increased by the relative newness of the technology, the speed at which it is being adopted, and the uncertain and evolving policy and regulatory landscape governing its use. Such misuse could expose us to legal or regulatory risk. Because the generative AI technology is so new, may of the potential risks of generative AI are currently unknowable.

In addition, we are also exposed to risks related to natural and man-made disasters, including, but not limited to, the occurrence of any storms, fires, floods, earthquakes, public health crises, malicious acts, and terrorist acts or any other event, which could adversely affect our ability to conduct business. A natural or man-made disaster, including a pandemic such as COVID-19, could result in our workforce, service providers, and/or third-party administrators being comprised and unable or unwilling to fully perform their responsibilities, which could likewise result in interruptions in our service. This could interfere with our processing of contract transactions, including processing orders from owners and orders with the underlying portfolios, impact our ability to calculate contract value, or have other adverse impacts on our operations. These events may also negatively affect our service providers and intermediaries, the underlying portfolios and issuers of securities in which the underlying portfolios invest, which may cause the portfolios underlying your contract to lose value. There can be no assurance that we or the underlying portfolios or our service providers and intermediaries will be able to avoid negative impacts associated with natural and man-made disasters.

**Independent Registered Public Accounting Firm**

KPMG LLP, located at 191 W. Nationwide Blvd., Suite 500, Columbus, OH 43215, is an independent registered public accounting firm, and upon the authority of said firm as experts in accounting and auditing. The financial statements of VAA and the statutory financial statements and financial statement schedules of AuguStar Life have been incorporated by reference herein in reliance upon the reports of KPMG LLP.

The KPMG LLP report dated April 8, 2026, of AuguStar Life includes explanatory language that states that the financial statements are prepared by AuguStar Life using statutory accounting practices prescribed or permitted by the Ohio Department of Insurance, which is a basis of accounting other than U.S. generally accepted accounting principles. Accordingly, the KPMG LLP audit report states that the financial statements are not presented fairly in accordance with U.S. generally accepted accounting principles and further states that those financial statements are presented fairly, in all material respects, in accordance with statutory accounting practices prescribed or permitted by the Ohio Department of Insurance.

**Underwriter**

AuguStar Distributors, Inc. ("ADI"), the principal underwriter of the contracts, is located at One Financial Way, Cincinnati, OH 45242. ADI is registered with the Securities Exchange Act of 1934 and is a member of the Financial Industry Regulatory Authority. ADI is a wholly-owned subsidiary of Constellation Insurance, Inc. The aggregate amount of commissions paid to ADI for contracts issued by VAA, and the amounts retained by ADI, for each of the last three years have been:

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Year** | &nbsp;&nbsp;**Aggregate<br> Commissions** | &nbsp;&nbsp;**Retained<br> Commissions** |
| &nbsp;&nbsp;2025 | &nbsp;&nbsp;$841328 | &nbsp;&nbsp;$466474 |
| &nbsp;&nbsp;2024 | &nbsp;&nbsp;$1254403 | &nbsp;&nbsp;$553222 |
| &nbsp;&nbsp;2023 | &nbsp;&nbsp;$1522763 | &nbsp;&nbsp;$608300 |

---

**Mixed and Shared Funding**

In addition to being offered to VAA, certain Variable Portfolio shares are offered to our other Separate Accounts for variable annuity contracts and a Separate Account of AuguStar Life Assurance Corporation for variable life insurance contracts. Variable Portfolio shares may also be offered to other insurance company Separate Accounts and qualified plans. It is conceivable that in the future it may become disadvantageous for one or more of variable life and variable annuity Separate Accounts, or Separate Accounts of other life insurance companies, and qualified plans to invest in shares. Although neither we nor any of the Variable Portfolios currently foresee any such disadvantage, the Board of Directors or Trustees of each Variable Portfolio will monitor events to identify any material conflict among different types of owners and to determine if any action should be taken. That could possibly include the withdrawal of VAA's participation in a Variable Portfolio. Material conflicts could result from such things as:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● changes in state insurance law;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● changes in federal income tax law;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● changes in the investment management of any Fund; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● differences in voting instructions given by different types of owners.

**Calculation of Performance Data**

From time to time, our reports or other communications to current or prospective Contract Owners or our advertising or other promotional material may quote the performance (yield and total return) of a Variable Portfolio. Quoted results are based on past performance and reflect the performance of all assets held in that Subaccount for the stated time period. **Quoted results are neither an estimate nor a guarantee of future investment performance, and do not represent the actual experience of amounts invested by any particular Contract Owner.** 

**Total Returns** 

A Variable Portfolio may advertise its "average annual total return" over various periods of time. "Total return" represents the average percentage change in value of an investment in the Variable Portfolio from the beginning of a measuring period to the end of that measuring period. "Annualized" total return assumes that the total return achieved for the measuring period is achieved for each full year period. "Average annual" total return is computed in accordance with a standard method prescribed by the SEC, and is also referred to as "standardized return."

The average annual total return and the yields referenced below do not reflect any advisory fee paid to a financial professional from Contract Value, and if such fees were reflected, performance would be lower.

*Average Annual Total Return* 

To calculate a Variable Portfolio's average annual total return for a specific measuring period, we first take a hypothetical $1,000 investment in that Subaccount, at its applicable Variable Portfolio Unit Value (the "initial payment") and we compute the ending redeemable value of that initial payment at the end of the measuring period based on the investment experience of that Variable Portfolio ("full withdrawal value"). The full withdrawal value reflects the effect of all recurring Contract fees and charges applicable to a Contract Owner under the Contract, including the asset-based Risk Charge, the asset-based Administrative Fee, the asset-based Investment Platform Fee, but does not reflect any charges for applicable premium taxes and/or any other taxes, any optional living benefit rider charge, any nonrecurring fees or charges, or any increase in the Risk Charge for an optional Death Benefit Rider. The redeemable value is then divided by the initial payment and this quotient is raised to the 365/N power (N represents the number of days in the measuring period), and 1 is subtracted from this result. Average annual total return is expressed as a percentage.

T = (ERV/P)<sup>(365/N)</sup> – 1

where T = average annual total return

ERV = ending redeemable value

P = hypothetical initial payment of $1,000

N = number of days

Average annual total return figures will be given for recent 1-, 3-, 5- and 10-year periods (if applicable), and may be given for other periods as well (such as from commencement of the Variable Portfolio's operations, or on a year-by-year basis).

When considering "average" total return figures for periods longer than one year, it is important to note that the relevant Variable Portfolio's annual total return for any one year in the period might have been greater or less than the average for the entire period.

 

*Aggregate Total Return* 

A Variable Portfolio may use "aggregate" total return figures along with its "average annual" total return figures for various periods; these figures represent the cumulative change in value of an investment in the Variable Portfolio for a specific period. Aggregate total returns may be shown by means of schedules, charts or graphs and may indicate subtotals of the various components of total return. The SEC has not prescribed standard formulas for calculating aggregate total return.

 

*Non-Standardized Total Returns* 

We may also calculate non-standardized total returns which may or may not reflect any increases in Risk Charge for an optional Death Benefit Rider, charges for premium taxes and/or any other taxes, any optional living benefit rider charge, or any non-recurring fees or charges. Standardized return figures will always accompany any non-standardized returns shown.

**Yields** 

*Fidelity<sup>®</sup> VIP Government Money Market* 

The "yield" (also called "current yield") of the Fidelity<sup>®</sup> VIP Government Money Market is computed in accordance with a standard method prescribed by the SEC. The net change in the Variable Portfolio's Unit Value during a seven-day period is divided by the Unit Value at the beginning of the period to obtain a base rate of return. The current yield is generated when the base rate is "annualized" by multiplying it by the fraction 365/7; that is, the base rate of return is assumed to be generated each week over a 365-day period and is shown as a percentage of the investment. The "effective yield" of the Fidelity<sup>®</sup> VIP Government Money Market Subaccount is calculated similarly but, when annualized, the base rate of return is assumed to be reinvested. The effective yield will be slightly higher than the current yield because of the compounding effect of this assumed reinvestment.

The formula for effective yield is: [(Base Period Return + 1) (To the power of 365/7)] - 1.

Realized capital gains or losses and unrealized appreciation or depreciation of the assets of the underlying Fidelity<sup>®</sup> VIP Government Money Market are not included in the yield calculation. Current yield and effective yield do not reflect the deduction of charges for any applicable premium taxes and/or any other taxes, any increase in the Risk Charge for an optional Death Benefit Rider, any optional living benefit rider charge or any non-recurring fees or charges, but do reflect a deduction for the asset-based Risk Charge, the asset-based Administrative Fee, and the asset-based Investment Platform Fee.

**Other Variable Portfolio**

"Yield" of the other Variable Portfolios is computed in accordance with a different standard method prescribed by the SEC. The net investment income (investment income less expenses) per Variable Portfolio Unit earned during a specified one-month or 30-day period is divided by the Variable Portfolio Unit Value on the last day of the specified period. This result is then annualized (that is, the yield is assumed to be generated each month or each 30-day period for a year), according to the following formula, which assumes semi-annual compounding:

---

| | |
|:---|:---|
| ![](fp0098597-1_sai01.jpg) | where: |

---

a = net investment income earned during the period by the Portfolio attributable to the Subaccount.

b = expenses accrued for the period (net of reimbursements).

c = the average daily number of Subaccount Units outstanding during the period that were entitled to receive dividends.

d = the Unit Value of the Variable Portfolio Units on the last day of the period.

The yield of each Variable Portfolio reflects the deduction of all recurring fees and charges applicable to the Variable Portfolio, such as the asset-based Risk Charge, the asset-based Administrative Fee, the asset-based Investment Platform Fee, but does not reflect any charge for applicable premium taxes and/or any other taxes, increase in the Risk Charge for an optional Death Benefit Rider, any optional living benefit rider charge or any non-recurring fees or charges.

The Variable Portfolios' yields will vary from time to time depending upon market conditions, the composition of each Portfolio and operating expenses of the Fund allocated to each Portfolio. Consequently, any given performance quotation should not be considered representative of the Variable Portfolio's performance in the future. Yield should also be considered relative to changes in Subaccount Unit Values and to the relative risks associated with the investment policies and objectives of the various underlying Portfolios. In addition, because performance will fluctuate, it may not provide a basis for comparing the yield of a Subaccount with certain bank deposits or other investments that pay a fixed yield or return for a stated period of time.

**Financial Statements**

The December 31, 2025 financial statements of VAA and the December 31, 2025 financial statements of the Depositor are incorporated into this SAI by reference to VAA's most recent [Form N-VPFS](https://www.sec.gov/Archives/edgar/data/73981/000139834426006923/fp0097724-1_nvpfs.htm) filed with the SEC.

 **Part C – Other Information**

**Item 27. Exhibits**

---

| | | |
|:---|:---|:---|
| **Exhibit**<br> **Number** | **Description** | **Location** |
| (a) | Resolution of Board of Directors of the Depositor authorizing establishment of the Registrant was filed as Exhibit A(1) of the Registrant's registration statement on Form S-6 on August 3, 1982 (File no. 2-78652) and is incorporated by reference herein. | No link available. |
| (b) | Custodian Agreements | Not applicable |
| (c) | Underwriting Contracts |  |
| (c)(1) | Amended and Restated Principal Underwriting Agreement between AuguStar Life Insurance Company and AuguStar Distributors, Inc., effective July 7, 2014. | [Filed Herewith](fp0098597-1_ex9927c1.htm) |
| (c)(2) | Amendment to Amended and Restated Principal Underwriting Agreement between AuguStar Life Insurance Company and AuguStar Distributors, Inc., effective May 1, 2020. | [Filed Herewith](fp0098597-1_ex9927c2.htm) |
| (c)(3) | Supplement to the Amendment to Amended and Restated Principal Underwriting Agreement between AuguStar Life Insurance Company and AuguStar Distributors, Inc., effective May 1, 2020. | [Filed Herewith](fp0098597-1_ex9927c3.htm) |
| (c)(4) | Commission Schedule, effective January 1, 2026 | [Filed Herewith](fp0098597-1_ex9927c4.htm) |
| (d) | Contracts |  |
| (d)(1) | Contract Specifications, Form ICC25-VA-SPU | [Filed Herewith](fp0098597-1_ex9927d1.htm) |
| (d)(2) | Contract Specifications, Form ICC25-VA-SP | [Filed Herewith](fp0098597-1_ex9927d2.htm) |
| (d)(3) | Contract, Form ICC25-VA-1U | [Filed Herewith](fp0098597-1_ex9927d3.htm) |
| (d)(4) | Contract, Form ICC25-VA-1 | [Filed Herewith](fp0098597-1_ex9927d4.htm) |
| (d)(5) | Spousal Continuation Rider, Form ICC25-SCR-1 | [Filed Herewith](fp0098597-1_ex9927d5.htm) |
| (d)(6) | Nursing Home Waiver Rider, Form ICC25-NHW-1 | [Filed Herewith](fp0098597-1_ex9927d6.htm) |
| (d)(7) | Enhanced Dollar Cost Averaging Rider, Form ICC25-EDCA-1 | [Filed Herewith](fp0098597-1_ex9927d7.htm) |
| (d)(8) | Fixed Account Rider, Form ICC25-FAA-1 | [Filed Herewith](fp0098597-1_ex9927d8.htm) |
| (d)(9) | Contract Specifications, Form Riders ICC25-VA-RDR | [Filed Herewith](fp0098597-1_ex9927d9.htm) |
| (d)(10) | Free Withdrawal Rider, Form ICC25-VFWR-1 | [Filed Herewith](fp0098597-1_ex9927d10.htm) |
| (d)(11) | Return of Purchase Payment Guaranteed Minimum Death Benefit, Form ICC25-VROP-1 | [Filed Herewith](fp0098597-1_ex9927d11.htm) |
| (d)(12) | Guaranteed Lifetime Withdrawal Optional Benefit (Boost), Form ICC25-GLWB-1 | [Filed Herewith](fp0098597-1_ex9927d12.htm) |
| (d)(13) | Guaranteed Lifetime Withdrawal Optional Benefit (Daily), Form ICC25-GLWD-1 | [Filed Herewith](fp0098597-1_ex9927d13.htm) |
| (d)(14) | Guaranteed Lifetime Withdrawal Optional Benefit (Level), Form ICC25-GLWL-1 | [Filed Herewith](fp0098597-1_ex9927d14.htm) |
| (d)(15) | Guaranteed Lifetime Withdrawal Optional Benefit (Protector), Form ICC25-GLWP-1 | [Filed Herewith](fp0098597-1_ex9927d15.htm) |
| (d)(16) | Contract Specifications, Optional Benefits, Form ICC25-VGLW-SP | [Filed Herewith](fp0098597-1_ex9927d16.htm) |
| (e) | Applications |  |
| (e)(1) | Individual Variable Annuity Application, Form ICC25-4900 SSP | [Filed Herewith](fp0098597-1_ex9927e1.htm) |
| (e)(2) | Individual Variable Annuity Application, Form ICC25-4900 STS | [Filed Herewith](fp0098597-1_ex9927e2.htm) |

---

---

| | | |
|:---|:---|:---|
| (f) | Certificate of Incorporation and By-Laws |  |
| (f)(1) | Amended and Restated Articles of Incorporation of AuguStar Life Insurance Company, effective April 9, 2024. | [Incorporated by reference to Post-Effective Amendment No. 23, File Nos. 333-182250 and 811-1978, filed on April 26, 2024, Accession No. 0001398344-24-007804.](https://www.sec.gov/Archives/edgar/data/73981/000139834424007804/fp0087755-1_ex9927f5.htm) |
| (f)(2) | Amended and Restated Code of Regulations (by-laws) of the Depositor, effective April 14, 2023. | [Incorporated by reference to Post-Effective Amendment No. 23, File Nos. 333-182250 and 811-1978, filed on April 26, 2024, Accession No. 0001398344-24-007804.](https://www.sec.gov/Archives/edgar/data/73981/000139834424007804/fp0087755-1_ex9927f4.htm) |
| (g) | Reinsurance Contracts |  |
| (g)(1) | Amended and Restated Variable Annuity Coinsurance and Modified Coinsurance Reinsurance Agreement between AuguStar Life Insurance Company and Sunrise Captive RE, LLC Amendment No 4, effective January 1, 2026. | [Filed Herewith](fp0098597-1_ex9927g1.htm) |
| (g)(2) | Amended and Restated Variable Annuity GMIB, GMDB and GLWB Coinsurance and Modified Coinsurance Reinsurance Agreement between Sunrise Captive RE, LLC and Sycamore RE, LTD. Amendment No. 5, effective January 1, 2026. | [Filed Herewith](fp0098597-1_ex9927g2.htm) |
| (h) | Participation Agreements |  |
| (h)(1) | Amended and Restated Participation Agreement between Depositor, Variable Insurance Products Funds, Fidelity Distributors Corporation, dated April 24, 2008. | [Incorporated by reference to Initial Registration Statement, File Nos. 333-292518 and 811-4320, filed on December 31, 2025, Accession No. 0001398344-25-023261.](https://www.sec.gov/Archives/edgar/data/770291/000139834425023261/fp0096724-1_ex9930hxv.htm) |
| (h)(2) | Participation Agreement between The Ohio National Life Insurance Company, Ohio National Equities, Inc., Franklin Templeton Variable Insurance Products Trust and Franklin/Templeton Distributors, Inc. | [Incorporated by reference to Post-Effective Amendment No. 3, File Nos. 333-109900 and 811-4320, filed on April 26, 2006, Accession No. 0000950152-06-003536.](https://www.sec.gov/Archives/edgar/data/770291/000095015206003536/l17816aexv99whw4.txt) |
| (h)(3) | Amendment to Participation Agreement between The Ohio National Life Insurance Company, Ohio National Equities, Inc., Franklin Templeton Variable Insurance Products Trust and Franklin/Templeton Distributors, Inc. | [Incorporated by reference to Post-Effective Amendment No. 3, File Nos. 333-109900 and 811-4320, filed on April 26, 2006, Accession No. 0000950152-06-003536.](https://www.sec.gov/Archives/edgar/data/770291/000095015206003536/l17816aexv99whw5.txt) |
| (h)(4) | Participation Agreement between Depositor, Goldman Sachs Variable Insurance Trust and Goldman Sachs & Co., dated May 1, 1998. | [Incorporated by reference to Initial Registration Statement, File Nos. 333-292518 and 811-4320, filed on December 31, 2025, Accession No. 0001398344-25-023261.](https://www.sec.gov/Archives/edgar/data/770291/000139834425023261/fp0096724-1_ex9930hxvi.htm) |
| (h)(5) | Participation Agreement between Depositor and AIM Variable Insurance Funds (Invesco Variable Insurance Funds), Invesco Distributors, Inc., and Ohio National Equities, Inc., dated June 1, 2010. | [Incorporated by reference to Initial Registration Statement, File Nos. 333-292518 and 811-4320, filed on December 31, 2025, Accession No. 0001398344-25-023261.](https://www.sec.gov/Archives/edgar/data/770291/000139834425023261/fp0096724-1_ex9930hviii.htm) |
| (h)(6) | Fund Participation Agreement between the Depositor and Janus Aspen Series, dated May 1, 1998. | [Incorporated by reference to the Initial Registration Statement, File Nos. 333-43515 and 811-01978, filed on April 10, 1998, Accession No. 0000950152-98-003161.](https://www.sec.gov/Archives/edgar/data/73981/0000950152-98-003161.txt) |

---

---

| | | |
|:---|:---|:---|
| (h)(7) | Participation Agreement between Depositor, MFS Variable Insurance Trust, and Massachusetts Financial Services Company, dated November 1, 2001. | [Incorporated by reference to Initial Registration Statement, File Nos. 333-292518 and 811-4320, filed on December 31, 2025, Accession No. 0001398344-25-023261.](https://www.sec.gov/Archives/edgar/data/770291/000139834425023261/fp0096724-1_ex9930hxxi.htm) |
| (h)(8) | Participation Agreement between Depositor and PIMCO Variable Insurance Trust, and PIMCO Funds Distributors LLC, dated August 1, 2002. | [Incorporated by reference to Initial Registration Statement, File Nos. 333-292518 and 811-4320, filed on December 31, 2025, Accession No. 0001398344-25-023261.](https://www.sec.gov/Archives/edgar/data/770291/000139834425023261/fp0096724-1_ex9930hxxiii.htm) |
| (h)(9) | Participation Agreement between Depositor, Waddell & Reed, Inc., Ivy Funds Variable Insurance Portfolios, and Ivy Funds Variable Insurance Portfolios, Inc., dated September 22, 2008. | [Incorporated by reference to Initial Registration Statement, File Nos. 333-292518 and 811-4320, filed on December 31, 2025, Accession No. 0001398344-25-023261.](https://www.sec.gov/Archives/edgar/data/770291/000139834425023261/fp0096724-1_ex9930hxviii.htm) |
| (i) | Administrative Contracts | Not applicable |
| (j) | Other Material Contracts | Not applicable |
| (k) | Legal Opinion | [Filed Herewith](fp0098597-1_ex9927k.htm) |
| (l) | Consent of Independent Registered Public Accounting Firm | [Filed Herewith](fp0098597-1_ex9927l.htm) |
| (m) | Omitted Financial Statements | Not applicable |
| (n) | Initial Capital Agreements | Not applicable |
| (o) | Form of Initial Summary Prospectuses | [Filed Herewith](fp0098597-1_ex9927o.htm) |
| (p) | Power of Attorney | [Filed Herewith](fp0098597-1_ex9927p.htm) |
| (q) | Letter Regarding Change in Certifying Accountant | Not applicable |
| (r) | Historical Current Limits on Index Gains | Not applicable |

---

**Item 28. Directors and Officers of the Depositor**

The principal business address for each officer and director is One Financial Way, Montgomery, Ohio 45242, unless otherwise noted.

---

| | |
|:---|:---|
| **Name** | **Position and Offices with Depositor** |
| Anurag Chandra (1) | Director, Chairman and CEO |
| Philippe Charette (2) | Director |
| Patricia Guinn | Director |
| Wes Thompson | Director |
| Steven C. Verney | Director |
| James Cheng | Director |
| Clifford J. Jack | President & CEO, AuguStar Retirement |
| David A. Azzarito (4) | President, AuguStar Seguros |
| Nancy M. Westbrock | President & CEO, ONESCO |
| Michael Akker | SVP & Chief Operating Officer, AuguStar Life |
| Lori Dashewich | SVP, Chief Financial Officer |
| Sachin Jain | SVP, Chief Investment Officer & President, Constellation Investments |
| Carlos Paiva (4) | SVP, Corporate Secretary & General Counsel and Compliance Officer, AuguStar Seguros |

---

---

| | |
|:---|:---|
| Scott N. Shepherd | SVP, Chief Risk Officer & President, Constellation Re |
| Marc A. Socol | SVP & Chief Revenue Officer, AuguStar Retirement |
| Shimon Bachrach | VP, Chief Pricing Officer - Variable Annuities |
| Andrea Baker | VP, Internal Audit |
| G. Timothy Biggs | VP, Commercial Mortgage Loans, Constellation Investments |
| Richard C. Brooks, Jr. | VP, Corporate Legal & Compliance and General Counsel, AuguStar Life |
| Kevin Buhrlage | VP Corporate Risk Management & Infrastructure, Constellation Investments |
| William Burrow | VP, Strategic Relationships, AuguStar Retirement |
| Michelle Carroll | VP, Marketing Operations |
| Lisa Csaszar | VP, AuguStar Retirement Operations |
| Christopher Finger | VP, Financial Reporting |
| Ramon Galanes | VP, Corporate Actuarial, AuguStar Seguros |
| Manda Ghaferi | VP, General Counsel and Assistant Secretary, AuguStar Retirement |
| Elizabeth Griffith | VP, Head of Distribution Services, AuguStar Retirement |
| Hunter Jones | VP, Chief Compliance Officer, Constellation Investments |
| Mark Kehoe | VP, Corporate Credit, Constellation Investments |
| Carolyn J. Krisko | VP & Controller |
| Sharon Luty | VP, Strategic Platforms and Integration, AuguStar Retirement |
| Bradley Owens | VP, Corporate Tax |
| Theodore Parker | VP, National Sales Manager, AuguStar Retirement |
| Mark Peterson | VP, Chief Distribution Officer, AuguStar Life |
| Rajiv Ranjan (5) | VP, ALM & Hedging Strategy, Constellation Investments |
| David Shaver | VP, Chief Pricing Officer, AuguStar Life |
| David E. Spaulding | VP, Finance, AuguStar Seguros |
| Daniel Starishevsky | VP, Head of Marketing, AuguStar Retirement |
| David Szeremet | VP, Advanced Sales, AuguStar Life |
| Andrew J. VanHoy | VP, ONESCO Compliance |
| Joel G. Varland | VP, Enterprise Risk Management |
| Gwen Vaught | VP, Underwriting and New Business, AuguStar Life |
| Jeff Weisman | VP, Structured Products, Constellation Investments |
| Donna K. Weninger | VP, Head of Actuarial Valuation |
| Corey Wilkosz | VP, Chief Pricing Officer - Fixed and Indexed Annuities |
| Michelle Wilson | VP, Human Resources |
| Molly Akin | Chief Compliance Officer, Separate Accounts |
| Brijendra Grewal | Treasurer & Chief Corporate Development Officer & President, Institutional Markets |
| Marc "Ari" Bruger (5) | Managing Director, Constellation Investments |
| Jonathan Egol | Managing Director, Constellation Investments |
| Megan Meyer | General Counsel and Assistant Secretary, Constellation Investments |
| Emily M. Reed | Assistant Corporate Secretary & Paralegal |

---

&nbsp;&nbsp;&nbsp;&nbsp;(1) 1211 6th Avenue, 30th Floor New York, NY 10036

&nbsp;&nbsp;&nbsp;&nbsp;(2) 1000 Place Jean-Paul-Riopelle Montreal, PQ H2ZB3

&nbsp;&nbsp;&nbsp;&nbsp;(3) 5650 Yonge Street Toronto, Ontario M2M 4H5

&nbsp;&nbsp;&nbsp;&nbsp;(4) 550 West Cypress Creek Road Suite 370 Fort Lauderdale, FL 33309

&nbsp;&nbsp;&nbsp;&nbsp;(5) 31 W. 52nd Street, Suite 2401, New York, NY 10019

**Item 29. Persons Controlled by or Under Common Control with the Depositor or Registrant**

The Registrant is a separate account of the Depositor. The Depositor is an indirect subsidiary of Constellation Insurance GP LLC. An organization chart for Constellation Insurance GP LLC is set forth below.

La Caisse, owns (1) 49.5% of the voting securities of Constellation Insurance GP, LLC; and (2) 20% of the voting securities of Constellation Insurance Holdings, Inc., an Ohio intermediate holding company.

Ontario Teachers' Pension Plan Constellation Voting Trust, a Canadian voting trust, owns 29.9% of the voting securities of Constellation Insurance GP, LLC.

11004883 Canada Inc., a Canadian holding company, owns (1) 19.6% of the voting securities of Constellation Insurance GP, LLC; and (2) 20% of the voting securities of Constellation Insurance Holdings, Inc.

Constellation Insurance GP LLC, a Delaware holding company, owns 100% of the voting securities of ONLH Holdings GP LLC, a Delaware intermediate holding company.

ONLH Holdings GP LLC owns 99% of the voting securities of ONLH Holdings LP, a Delaware limited partnership.

ONLH Holdings LP owns 60% of the voting securities of Constellation Insurance Holdings, Inc. and 100% of the voting securities of Constellation Investments, Inc., an Ohio investment adviser.

---

| | | |
|:---|:---|:---|
| **Name (and Business)** | **Jurisdiction** | **% Owned** |
| Constellation Investments, Inc.<br> (investment adviser) | Ohio | 100% |

---

Constellation Insurance Holdings, Inc., owns 100% of the voting securities of Constellation Insurance, Inc., an Ohio intermediate holding company and 100% of the voting securities of Sycamore Re, Ltd., a Cayman captive reinsurance company.

---

| | | |
|:---|:---|:---|
| **Name (and Business)** | **Jurisdiction** | **% Owned** |
| Sycamore Re, Ltd.<br> (captive reinsurance company) | Cayman | 100% |

---

Constellation Insurance, Inc. owns the percentage of voting securities shown for the following entities which were organized under the laws of the jurisdictions listed:

---

| | | |
|:---|:---|:---|
| **Name (and Business)** | **Jurisdiction** | **% Owned** |
| AuguStar Life Insurance Company<br> (insurance company) | Ohio | 100% |
| Financial Way Realty, Inc<br> (realty company) | Ohio | 100% |
| Sycamore Re, Ltd.<br> (captive reinsurance company) | Cayman | 100% |
| ONTech, SMLLC<br> (technology company) | Delaware | 100% |

---

---

| | | |
|:---|:---|:---|
| **Name (and Business)** | **Jurisdiction** | **% Owned** |
| The O.N. Equity Sales Company<br> (securities broker dealer) | Ohio | 100% |
| AuguStar Distributors, Inc.<br> (securities broker dealer) | Ohio | 100% |

---

AuguStar Life Insurance Company owns the percentage of voting securities shown for the following entities which were organized under the laws of the jurisdictions listed:

---

| | | |
|:---|:---|:---|
| **Name (and Business)** | **Jurisdiction** | **% Owned** |
| AuguStar Variable Insurance Products Fund, Inc.<br> (registered investment company) | Maryland | 100% |
| Kenwood Re, Inc.<br> (captive reinsurance company) | Vermont | 100% |
| Montgomery Re, Inc.<br> (captive reinsurance company) | Vermont | 100% |

---

---

| | | |
|:---|:---|:---|
| **Name (and Business)** | **Jurisdiction** | **% Owned** |
| Camargo Re Captive, Inc.<br> (captive reinsurance company) | Ohio | 100% |
| National Security Life and Annuity Company<br> (insurance company) | New York | 100% |
| Sunrise Captive Re, LLC<br> (captive reinsurance company) | Ohio | 100% |
| ON Foreign Holdings, LLC<br> (holding company) | Delaware | 100% |

---

The O.N. Equity Sales Company owns the percentage of voting securities shown for the following entities which were organized under the laws of the jurisdictions listed:

---

| | | |
|:---|:---|:---|
| **Name (and Business)** | **Jurisdiction** | **% Owned** |
| O.N. Investment Management Company<br> (investment adviser) | Ohio | 100% |
| Ohio National Insurance Agency, Inc. | Ohio | 100% |

---

ON Foreign Holdings, LLC owns (1) 100% of the voting securities of AuguStar Lending, LLC, a holding company organized under the laws of Delaware, (2) 100% of the voting securities of ON Overseas Holdings Inc., a holding company organized under the laws of Netherlands, (3) 0.01% of the voting securities of O.N. International do Brasil Participações Ltda., a holding company organized under the laws of Brazil and (4) 0.02% of the voting securities of AuguStar Seguros y Reaseguros S.A., an insurance company organized under the laws of Peru.

ON Overseas Holdings Inc. owns 100% of the voting securities of ON Netherlands Holdings, Inc., a holding company organized under the laws of the Netherlands.

ON Netherlands Holdings, Inc. owns (1) 100% of the voting securities of ON Global Holdings, LLC, a holding company organized under the laws of Delaware, (2) 99.98% of the voting securities of AuguStar Seguros y Reaseguros S.A., an insurance company organized under the laws of Peru, (3) 99.99% of the voting securities of O.N. International do Brasil Participações Ltda., a holding company organized under the laws of Brazil and (4) 7.90% of the voting securities of AuguStar Sudamerica S.A., a holding company organized under the laws of Chile.

ON Global Holdings, LLC owns (1) 92.1% of the voting securities of AuguStar Sudamerica S.A., a holding company organized under the laws of Chile and (2) 0.01% of the voting securities of AuguStar Seguros de Vida S.A., an insurance company organized under the laws of Chile.

AuguStar Sudamerica S.A. owns 99.99% of the voting securities of AuguStar Seguros de Vida S.A., an insurance company organized under the laws of Chile.

Separate financial statements are filed with the Commission for AuguStar Life Insurance Company under registrant AuguStar Variable Account R, AuguStar Variable Account B and AuguStar Variable Account D and National Security Life and Annuity Company under registrant National Security Variable Account L and National Security Variable Account N.

**Item 30. Indemnification**

The sixth article of the Depositor's Articles of Incorporation, as amended, provides as follows:

Each former, present and future Director, Officer or Employee of the Corporation (and his heirs, executors or administrators), or any such person (and his heirs, executors or administrators) who serves at the Corporation's request as a director, officer, partner, member or employee of another corporation, partnership or business organization or association of any type whatsoever shall be indemnified by the Corporation against reasonable expenses, including attorneys' fees, judgments, fine and amounts paid in settlement actually and reasonably incurred by him in connection with the defense of any contemplated, pending or threatened action, suit or proceeding, civil, criminal, administrative or investigative, other than an action by or in the right of the corporation, to which he is or may be made a party by reason of being or having been such Director, Officer, or Employee of the Corporation or having served at the Corporation's request as such director, officer, partner, member or employee of any other business organization or association, or in connection with any appeal therein, provided a determination is made by majority vote of a disinterested quorum of the Board of Directors (a) that such a person acted in good faith and in a manner he reasonably believed to be in or not opposed to the best interests of the Corporation, and (b) that, in any matter the subject of criminal action, suit or proceeding, such person had no reasonable cause to believe his conduct was unlawful. The termination of any action, suit or proceeding by judgment, order, settlement, conviction, or upon a plea of nolo contendere or its equivalent, shall not, of itself create a presumption that the person did not act in good faith in any manner which he reasonably believed to be in or not opposed to the best interests of the Corporation, and with respect to any criminal action or proceeding, he had reasonable cause to believe that his conduct was unlawful. Such right of indemnification shall not be deemed exclusive of any other rights to which such person may be entitled. The manner by which the right to indemnification shall be determined in the absence of a disinterested quorum of the Board of Directors shall be set forth in the Code of Regulations or in such other manner as permitted by law. Each former, present, and future Director, Officer or Employee of the Corporation (and his heirs, executors or administrators) who serves at the Corporation's request as a director, officer, partner, member or employee of another corporation, partnership or business organization or association of any type whatsoever shall be indemnified by the Corporation against reasonable expenses, including attorneys' fees, actually and reasonably incurred by him in connection with the defense or settlement of any contemplated, pending or threatened action, suit or proceeding, by or in the right of the Corporation to procure a judgment in its favor, to which he is or may be a party by reason of being or having been such Director, Officer or Employee of the Corporation or having served at the Corporation's request as such director, officer, partner, member or employee of any other business organization or association, or in connection with any appeal therein, provided a determination is made by majority vote of a disinterested quorum of the Board of Directors (a) that such person was not, and has not been adjudicated to have been negligent or guilty of misconduct in the performance of his duty to the Corporation or to such other business organization or association, and (b) that such person acted in good faith and in a manner he reasonably believed to be in or not opposed to the best interests of the Corporation.

Such right of indemnification shall not be deemed exclusive of any other rights to which such person may be entitled. The manner by which the right of indemnification shall be determined in the absence of a disinterested quorum of the Board of Directors shall be as set forth in the Code of Regulations or in such other manner as permitted by law.

In addition, Article XII of the Depositor's Code of Regulations states as follows:

If any director, officer or employee of the Corporation may be entitled to indemnification by reason of Article Sixth of the Amended Articles of Corporation, indemnification shall be made upon either (a) a determination in writing of the majority of disinterested directors present, at a meeting of the Board at which all disinterested directors present constitute a quorum, that the director, officer or employee in question was acting in good faith and in a manner he reasonably believed to be in or not opposed to the best interests of this Corporation or of such other business organization or association in which he served at the Corporation's request, and that, in any matter which is the subject of a criminal action, suit or proceeding, he had no reasonable cause to believe that his conduct was unlawful and in an action by or in the right of the Corporation to procure a judgment in its favor that such person was not and has not been adjudicated to have been negligent or guilty of misconduct in the performance of his duty to the Corporation or to such other business organization or association; or (b) if the number of all disinterested directors would not be sufficient at any time to constitute a quorum, or if the number of disinterested directors present at two consecutive meetings of the Board has not been sufficient to constitute a quorum, a determination to the same effect as set forth in the foregoing clause (a) shall be made in a written opinion by independent legal counsel other than an attorney, or a firm having association with it an attorney, who has been retained by or who has performed services for this Corporation, or any person to be indemnified within the past five years, or by the majority vote of the policyholders, or by the Court of Common Pleas or the court in which such action, suit or proceeding was brought. Prior to making any such determination, the Board of Directors shall first have received the written opinion of General Counsel that a number of directors sufficient to constitute a quorum, as named therein, are disinterested directors. Any director who is a party to or threatened with the action, suit or proceeding in question, or any related action, suit or proceeding, or has had or has an interest therein adverse to that of the Corporation, or who for any other reason has been or would be affected thereby, shall not be deemed a disinterested director and shall not be qualified to vote on the question of indemnification. Anything in this Article to the contrary notwithstanding, if a judicial or administrative body determines as part of the settlement of any action, suit or proceeding that the Corporation should indemnify a director, officer or employee for the amount of the settlement, the Corporation shall so indemnify such person in accordance with such determination. Expenses incurred with respect to any action, suit or proceeding which may qualify for indemnification may be advanced by the Corporation prior to final disposition thereof upon receipt of an undertaking by or on behalf of the director, officer or employee to repay such amount if it is ultimately determined hereunder that he is not entitled to indemnification or to the extent that the amount so advanced exceeds the indemnification to which he is ultimately determined to be entitled.

Insofar as indemnification for liability arising under the Securities Act of 1933 may be permitted to directors, officers and controlling persons of the registrant pursuant to the foregoing provisions, or otherwise, the registrant has been advised that in the opinion of the Securities and Exchange Commission such indemnification is against public policy as expressed in the Act and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the registrant of expenses incurred or paid by a director, officer or controlling person of the registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Act and will be governed by the final adjudication of such issue.

**Item 31. Principal Underwriters**

The principal underwriter of the Registrant's securities is presently AuguStar Distributors, Inc. ("ADI"). ADI is a wholly-owned subsidiary of Constellation Insurance, Inc. ADI also serves as the principal underwriter of securities issued by AuguStar Variable Account B, AuguStar Variable Account D and AuguStar Variable Account R, other separate accounts of the Depositor which are registered as unit investment trusts. ADI also serves as the principal underwriter of securities issued by National Security Variable Accounts N and L, separate accounts of the Depositor's affiliate, National Security Life and Annuity Company.

The directors and officers of ADI are:

---

| | |
|:---|:---|
| **<u>Name</u>** | **<u>Position with ADI</u>** |
| Marc A. Socol | Director, Chairman of the Board and President |
| Andrew J. VanHoy | Director, Vice President, Compliance |
| Clifford J. Jack | Director |
| Bradley Owens | VP, Corporate Tax |
| Teresa R. Cooper | Treasurer & Comptroller |
| Manda Ghaferi | Secretary |

---

The principal business address of each of the foregoing is One Financial Way, Montgomery, Ohio 45242.

During the last fiscal year, ADI received the following commissions and other compensation, directly or indirectly, from the Registrant

---

| | | | |
|:---|:---|:---|:---|
| **<u>Net Underwriting</u>**<br> **<u>Discounts and</u>**<br> **<u>Commissions</u>** | **<u>Compensation on</u>**<br> **<u>Redemption and</u>**<br> **<u>Annuitization</u>** | **<u>Brokerage</u>**<br> **<u>Commissions</u>** | **<u>Compensation</u>** |
| $841328 |  |  |  |

---

**Item 32. Location of Accounts and Records**

All records referenced are maintained and in the custody of AuguStar Life Insurance Company at its principal executive office located at One Financial Way Montgomery, Ohio 45242-5800.

**Item 33. Management Services**

Not applicable.

**Item 34. Fee Representation**

Pursuant to Section 26(f)(2)(A) of the Investment Company Act of 1940, as amended, AuguStar Life Insurance Company hereby represents that the fees and charges deducted under the contract, in the aggregate, are reasonable in relation to the services rendered, the expenses expected to be incurred, and the risks assumed by AuguStar Life Insurance Company.

**<u>Signatures</u>**

Pursuant to the requirements of the Securities Act of 1933 and the Investment Company Act of 1940, the registrant, AuguStar Variable Account A, has duly caused this registration statement to be signed on its behalf by the undersigned, duly authorized, in the City of Montgomery and the State of Ohio on 14th day of May 2026.

---

| | |
|:---|:---|
| **AuguStar Variable Account A** | **AuguStar Variable Account A** |
| (Registrant) | (Registrant) |
| By: | AuguStar Life Insurance Company |
| (Depositor) | (Depositor) |
| By: | /s/ Clifford J. Jack |
|  | Clifford J. Jack, President & Chief Executive Officer |
| **AuguStar Life Insurance Company** | **AuguStar Life Insurance Company** |
| (Depositor) | (Depositor) |
| By: | /s/ Clifford J. Jack |
|  | Clifford J. Jack, President & Chief Executive Officer |

---

Pursuant to the requirements of the Securities Act of 1933, this registration statement has been signed below by the following persons in the capacities and on the dates indicated.

---

| | | |
|:---|:---|:---|
| **<u>Signature</u>** | **<u>Title</u>** | **<u>Date</u>** |
| /s/ Clifford J. Jack | President & CEO, AuguStar Retirement | May 14, 2026 |
| Clifford J. Jack | (Principal Executive Officer) |  |
| \*Anurag Chandra | Director, Chairman and CEO | May 14, 2026 |
| Anurag Chandra |  |  |
| \*Philippe Charette | Director | May 14, 2026 |
| Philippe Charette |  |  |
| \*James Cheng | Director | May 14, 2026 |
| James Cheng |  |  |
| \*Patricia Guinn | Director | May 14, 2026 |
| Patricia Guinn |  |  |
| \*Wes Thompson | Director | May 14, 2026 |
| Wes Thompson |  |  |
| \*Steven C. Verney | Director | May 14, 2026 |
| Steven C. Verney |  |  |
| /s/ Lori Dashewich | SVP, Chief Financial Officer | May 14, 2026 |
| Lori Dashewich | (Principal Accounting Officer and Principal Financial Officer) |  |
| /s/ Manda Ghaferi | Attorney in fact pursuant to Powers of Attorney. | May 14, 2026 |
| Manda Ghaferi |  |  |

---

**<u>Index of Exhibits</u>**

---

| | |
|:---|:---|
| **<u>Exhibit <br> Number</u>** | **<u>Description</u>** |
| [(c)(1)](fp0098597-1_ex9927c1.htm) | [Amended and Restated Principal Underwriting Agreement between AuguStar Life Insurance Company and AuguStar Distributors, Inc., effective July 7, 2014](fp0098597-1_ex9927c1.htm) |
| [(c)(2)](fp0098597-1_ex9927c2.htm) | [Amendment to Amended and Restated Principal Underwriting Agreement between AuguStar Life Insurance Company and AuguStar Distributors, Inc., effective May 1, 2020](fp0098597-1_ex9927c2.htm) |
| [(c)(3)](fp0098597-1_ex9927c3.htm) | [Supplement to the Amendment to Amended and Restated Principal Underwriting Agreement between AuguStar Life Insurance Company and AuguStar Distributors, Inc., effective May 1, 2020](fp0098597-1_ex9927c3.htm) |
| [(c)(4)](fp0098597-1_ex9927c4.htm) | [Commission Schedule, effective January 1, 2026](fp0098597-1_ex9927c4.htm) |
| [(d)(1)](fp0098597-1_ex9927d1.htm) | [Contract Specifications, Form ICC25-VA-SPU](fp0098597-1_ex9927d1.htm) |
| [(d)(2)](fp0098597-1_ex9927d2.htm) | [Contract Specifications, Form ICC25-VA-SP](fp0098597-1_ex9927d2.htm) |
| [(d)(3)](fp0098597-1_ex9927d3.htm) | [Contract, Form ICC25-VA-1U](fp0098597-1_ex9927d3.htm) |
| [(d)(4)](fp0098597-1_ex9927d4.htm) | [Contract, Form ICC25-VA-1](fp0098597-1_ex9927d4.htm) |
| [(d)(5)](fp0098597-1_ex9927d5.htm) | [Spousal Continuation Rider, Form ICC25-SCR-1](fp0098597-1_ex9927d5.htm) |
| [(d)(6)](fp0098597-1_ex9927d6.htm) | [Nursing Home Waiver Rider, Form ICC25-NHW-1](fp0098597-1_ex9927d6.htm) |
| [(d)(7)](fp0098597-1_ex9927d7.htm) | [Enhanced Dollar Cost Averaging Rider, Form ICC25-EDCA-1](fp0098597-1_ex9927d7.htm) |
| [(d)(8)](fp0098597-1_ex9927d8.htm) | [Fixed Account Rider, Form ICC25-FAA-1](fp0098597-1_ex9927d8.htm) |
| [(d)(9)](fp0098597-1_ex9927d9.htm) | [Contract Specifications, Form Riders ICC25-VA-RDR](fp0098597-1_ex9927d9.htm) |
| [(d)(10)](fp0098597-1_ex9927d10.htm) | [Free Withdrawal Rider, Form ICC25-VFWR-1](fp0098597-1_ex9927d10.htm) |
| [(d)(11)](fp0098597-1_ex9927d11.htm) | [Return of Purchase Payment Guaranteed Minimum Death Benefit, Form ICC25-VROP-1](fp0098597-1_ex9927d11.htm) |
| [(d)(12)](fp0098597-1_ex9927d12.htm) | [Guaranteed Lifetime Withdrawal Optional Benefit (Boost), Form ICC25-GLWB-1](fp0098597-1_ex9927d12.htm) |
| [(d)(13)](fp0098597-1_ex9927d13.htm) | [Guaranteed Lifetime Withdrawal Optional Benefit (Daily), Form ICC25-GLWD-1](fp0098597-1_ex9927d13.htm) |
| [(d)(14)](fp0098597-1_ex9927d14.htm) | [Guaranteed Lifetime Withdrawal Optional Benefit (Level), Form ICC25-GLWL-1](fp0098597-1_ex9927d14.htm) |
| [(d)(15)](fp0098597-1_ex9927d15.htm) | [Guaranteed Lifetime Withdrawal Optional Benefit (Protector), Form ICC25-GLWP-1](fp0098597-1_ex9927d15.htm) |
| [(d)(16)](fp0098597-1_ex9927d16.htm) | [Contract Specifications, Optional Benefits, Form ICC25-VGLW-SP](fp0098597-1_ex9927d16.htm) |
| [(e)(1)](fp0098597-1_ex9927e1.htm) | [Individual Variable Annuity Application, Form ICC25-4900 SSP](fp0098597-1_ex9927e1.htm) |
| [(e)(2)](fp0098597-1_ex9927e2.htm) | [Individual Variable Annuity Application, Form ICC25-4900 STS](fp0098597-1_ex9927e2.htm) |
| [(g)(1)](fp0098597-1_ex9927g1.htm) | [Amended and Restated Variable Annuity Coinsurance and Modified Coinsurance Reinsurance Agreement between AuguStar Life Insurance Company and Sunrise Captive RE, LLC Amendment No 4, effective January 1, 2026.](fp0098597-1_ex9927g1.htm) |
| [(g)(2)](fp0098597-1_ex9927g2.htm) | [Amended and Restated Variable Annuity GMIB, GMDB and GLWB Coinsurance and Modified Coinsurance Reinsurance Agreement between Sunrise Captive RE, LLC and Sycamore RE, LTD. Amendment No. 5, effective January 1, 2026.](fp0098597-1_ex9927g2.htm) |
| [(k)](fp0098597-1_ex9927k.htm) | [Legal Opinion](fp0098597-1_ex9927k.htm) |
| [(l)](fp0098597-1_ex9927l.htm) | [Consent of Independent Registered Public Accounting Firm](fp0098597-1_ex9927l.htm) |
| [(o)](fp0098597-1_ex9927o.htm) | [Form of Initial Summary Prospectuses](fp0098597-1_ex9927o.htm) |
| [(p)](fp0098597-1_ex9927p.htm) | [Power of Attorney](fp0098597-1_ex9927p.htm) |

---

## Exhibit 99.27

**AMENDED AND RESTATED**

**PRINCIPAL UNDERWRITING AGREEMENT**

**Between** 

**THE OHIO NATIONAL LIFE INSURANCE COMPANY** 

**And** 

**OHIO NATIONAL EQUITIES, INC.**

THIS PRINCIPAL UNDERWRITING AGREEMENT (the "Agreement") is made and entered this 7<sup>th</sup> day of July, 2014, between The Ohio National Life Insurance Company ("ONLIC"), an Ohio corporation, and Ohio National Equities, Inc. ("ONEQ"), an Ohio corporation, supersedes and replaces the Principal Underwriting Agreement entered into by ONLIC and ONEQ on January 27, 2011 and all subsequent amendments thereof.

WHEREAS, ONLIC desires to appoint ONEQ as the exclusive principal underwriter and distributor for variable annuities, fixed annuities, and whole life insurance policies issued by ONLIC; and

WHEREAS, ONEQ desires to make available to ONLIC and ONLIC desires to obtain from ONEQ certain underwriting and distribution services for the sale of the Contracts;

NOW, THEREFORE, in consideration of the mutual covenants herein contained, which consideration is full and complete, the parties hereto agree as follows:

&nbsp;&nbsp;&nbsp;&nbsp;**1.**  **<u>REPRESENTATIONS AND WARRANTIES</u>** 

&nbsp;&nbsp;&nbsp;&nbsp;(a) ONLIC and ONEQ each represents to the other that it and the below signed officers have full power and authority to enter into this
Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;(b) ONLIC represents, warrants, and covenants that the variable annuity contracts issued by ONLIC have been registered as securities under
the Securities Act of 1933, as amended, (the "1933 Act") and with assets held in those of ONLIC's separate accounts that have
been registered under the Investment Company Act of 1940, as amended, ("the 1940 Act"). ONLIC further represents that it will
take all actions and do all things necessary to secure and maintain the registrations and approvals of the contracts and investment companies
in connection therewith by all federal and state regulatory bodies having jurisdiction.

ONLIC represents, warrants, and covenants that the prospectus included in an Account's Registration Statement for each Contract, post-effective amendments thereto and any supplements thereto, as filed or to be filed with the Securities and Exchange Commission ("SEC"), as of their effective dates, contain or will contain, all statements and information which are required to be stated therein by the Securities Act of 1933 ("the 1933 Act") and in all respects conform or will conform to the requirements thereof. Neither any prospectus, nor any supplement thereof, includes or will include, any untrue statement of a material fact, or omits or will omit to state any material fact required to be stated therein or necessary to make the statements therein not misleading, provided, however, that the foregoing representations shall not apply to information contained in or omitted from any prospectus or supplement in reliance upon, and in conformity with, written information furnished to ONLIC by ONEQ specifically for use in the preparation thereof. The foregoing representation also shall not apply to information contained in or omitted from any prospectus or supplement of any underlying mutual fund.

&nbsp;&nbsp;&nbsp;&nbsp;(c) ONEQ represents, warrants, and covenants that it is duly registered as a broker-dealer with the SEC
under the Securities and Exchange Act of 1934 ("the 1934 Act"), and is member in good standing with Financial Industry Regulatory
Authority ("FINRA") and, to the extent necessary to offer the Contracts, shall be duly registered or otherwise qualified under
the securities laws and insurance laws of any state or other jurisdiction.

**2.**  **<u>COMPLIANCE WITH LAWS</u>** 

ONLIC and ONEQ each agree to abide by all applicable state and federal laws and regulations, including those of FINRA or other SROs. To the extent required by law, both parties agree to maintain books and records reflecting all expenses and liabilities incurred related to its business, including any and all expenses incurred pursuant to this Agreement.

**3.**  **<u>APPOINTMENT OF DISTRIBUTORS</u>** 

ONEQ is hereby authorized to enter into distribution agreements with other broker-dealers (the "Distributors") which shall promise to use their best efforts to offer, sell, and distribute Contracts through their respective registered representatives. ONEQ shall be responsible for ensuring that the Distributors are duly registered members of FINRA and the registered representative offering the Contracts are licensed insurance agents of ONLIC who obtained all necessary licenses to sell Contracts under the insurance laws of the applicable jurisdiction. At all times, ONLIC shall retain the right to appoint and discharge any insurance agents of ONLIC.

The distribution agreements shall provide that each of the Distributors shall maintain full responsibility for the training, supervision, and control of its registered representatives and that each of the Distributors shall be responsible for assuring that all sales of the Contracts made by its registered representatives are suitable for the purchaser based on relevant financial information furnished by the purchaser to the Distributor or its registered representative.

The distribution agreements shall prohibit the Distributors or any registered representative thereof to make any representations concerning the Contracts other than those contained in the then-current prospectus or statement of additional information (if registered as a security under 1933 Act) or in supplemental literature approved by ONLIC. All purchase payments shall be promptly forwarded by the Distributor to ONLIC except to the extent that ONLIC agree in writing to permit the Distributor to forward purchase payments net of dealer concessions which later amounts would then be subtracted from the compensation to ONEQ. For the purpose of this Agreement, "Contracts" shall mean the variable annuities, fixed annuities and whole life insurance policies issued by ONLIC.

**4.**  **<u>CHARGES AND PAYMENTS</u>** 

ONLIC shall pay ONEQ for all expenses, direct and indirect, incurred as a result of providing underwriting and distribution services pursuant to this Agreement. Such compensation shall include the following and any other administrative fees or additional compensation, subject to review by ONLIC:

&nbsp;&nbsp;&nbsp;&nbsp;(a) <u>Printing Costs.</u> ONEQ agrees to reimburse ONLIC for the reasonable costs of printing confirmations, quarterly and annual statements,
and reasonable quantities of prospectuses and supplemental sales literature with respect to the Contracts, if applicable, with respect
to the Contracts for the first year following the issuance of the Contracts. ONLIC shall be directly responsible for these costs with
respect to the Contracts beginning the second year after the issuance of the Contracts.

&nbsp;&nbsp;&nbsp;&nbsp;(b) <u>Commissions and Dealer Concession.</u> Commissions and Dealer Concession payable in connection with the sale of Contracts shall
be paid according to the then current Compensation Schedule(s), or as they may be amended from time to time and in effect at the time
the payments are received by ONEQ. ONLIC reserves the right to revise the Compensation Schedule(s) at any time with a prior notice to
ONEQ. At any time during the term of this Agreement, ONLIC shall promptly furnish the current Compensation Schedule(s) to ONEQ upon request.
A current list is attached hereto as a Supplement to this Agreement.

For variable product sales through The O.N. Equity Sales Company ("ONESCO"), an affiliate of both ONLIC and ONEQ, ONLIC agrees to pay to ONEQ the commission the ONESCO pays its registered representatives, (as those amounts are reflected in contracts between ONESCO, ONLIC, and the registered representatives, as those amounts may be amended from time to time) plus product specific fees.

If ONLIC is required to refund premiums or return accumulation values and waive surrender charges on any Contract for any reason, then no commission will be payable on such payments, and previous paid commissions, to the extent they are refunded by ONLIC, must be refunded by ONEQ. Furthermore, any Commissions and Dealer Concession must be returned to ONLIC if the Contract is tendered for redemption during the "free look period" of the Contract.

**FOR LIFE INSURANCE CONTRACTS ONLY:** All life insurance products issued by ONLIC shall have commission rate that is consistent with the SEC Guideline Premiums ("SECGP"). The Compensation Schedule(s) applicable for life insurance products shall be displayed in terms of Maximum Commissionable Premium ("MCP"). Any amount in access of MCP shall be paid at the applicable renewal commission rate.

&nbsp;&nbsp;&nbsp;&nbsp;(c) <u>Appointment and Renewal Fees.</u> ONLIC shall apply for the proper insurance licenses in the appropriate states or jurisdictions
for the designed persons associated with ONEQ or with representatives of Distributor which have entered into agreements with ONEQ for
the sale of the Contracts. ONEQ agrees to reimburse any and all costs incurred by ONLIC for such appointment and renewal fees. ONLIC may
offset such fees against payment due pursuant to this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;(d) <u>Marketing Allowance.</u> ONEQ may enter into agreements with Distributors to provide for asset-based marketing allowance and sales-based
marketing allowance for the sale of Contracts. ONEQ shall maintain a current list of all Distributors eligible to receive such allowance
and furnish a copy, and any updates thereto, to ONLIC. A current list is attached hereto as a Supplement to this Agreement. ONLIC agrees
to make direct payments for sales-based marketing allowance to Distributors and reimburse ONEQ for asset-based marketing allowance as
set forth in agreements between ONEQ and Distributors.

&nbsp;&nbsp;&nbsp;&nbsp;(e) <u>Other Miscellaneous Charges</u>. ONLIC shall reimburse ONEQ for
 various administrative and other miscellaneous charges incurred by ONEQ during the performance
 of this Agreement. Such miscellaneous charges include, but are not limited to, wholesaler
 travel expenses, advertising and other filing expenses. Notwithstanding the foregoing, all
 such charges are subject to review by ONLIC.

5. **<u>ACCOUNT STATEMENTS</u>**

&nbsp;&nbsp;&nbsp;&nbsp;(a) <u>Account Statements.</u> ONEQ shall provide interim and final monthly account analysis to show all reasonable and equitable charges
incurred as a result of providing underwriting and distribution services pursuant to this Agreement. ONLIC reserves the right to request
clarifying documents to support the monthly account analysis, including itemized charge details.

&nbsp;&nbsp;&nbsp;&nbsp;(b) <u>Payments.</u> As may be agreed by the parties, for purely ministerial reasons, ONLIC may discharge its obligations under this section
by making payments of such expenses to third parties on behalf of ONEQ in accordance with applicable law. ONEQ shall credit the full amounts
of such payments to third parties by ONLIC against any amounts otherwise due and owing under this section. Unless otherwise agreed to
by the parties, ONLIC shall make payment to ONEQ within thirty (30) days of the receipt and approval of the finalized monthly account
analysis.

&nbsp;&nbsp;&nbsp;&nbsp;6.  **<u>BOOKS AND RECORDS; AUDITS</u>** 

&nbsp;&nbsp;&nbsp;&nbsp;(a) <u>Books and Records.</u> ONEQ shall be responsible for maintaining full and accurate books, records and accounts of all charges incurred
pursuant to this Agreement in accordance with all applicable laws and regulations. Notwithstanding the foregoing, ONEQ may request ONLIC
to maintain books and records required by any regulator to be maintained by ONEQ on its behalf. All such books and records shall remain
the property of ONEQ and shall be subject to inspection by any regulator having jurisdiction or by FINRA.

&nbsp;&nbsp;&nbsp;&nbsp;(b) <u>Audits.</u> ONLIC and its authorized representatives shall have the right to audit, to examine, and to make copies of or extracts
from all financial and related records relating to or pertaining to this Agreement. Unless otherwise agreed to by the parties, ONLIC shall
not request more than one audit during any contract year.

&nbsp;&nbsp;&nbsp;&nbsp;7.  **<u>INDEMNIFICATION</u>** 

&nbsp;&nbsp;&nbsp;&nbsp;(a) ONLIC agrees to indemnify and hold harmless ONEQ, its directors, officers and affiliated persons against any losses, claims, damages,
liabilities, and expenses (including the cost of any legal fees incurred in connection therewith) which ONEQ, its directors officers or
affiliated persons may incur under any statute or regulation of the United States or any state, district or territory thereof, or at common
law or otherwise, arising out of or based upon (a) any untrue statement or alleged untrue statement of a material fact contained in any
registration statement for the Contracts or any supplemental literature authorized by ONLIC for use in connection therewith, or (b) any
omission or alleged omission to state a material fact required to be stated in a registration statement or supplemental literature necessary
to make the statements therein not misleading, provided, however, that insofar as losses, claims, damages, liabilities or expenses arise
out of or are based upon any such untrue statement or omission (or alleged untrue statement or omission) made in reliance upon and in
conformity with information furnished to ONLIC by ONEQ for use in a registration statement or supplemental literature, the indemnification
does not apply. In no case shall ONLIC indemnify ONEQ or any of its directors, officers or affiliated persons as to any amounts incurred
for any liability arising out of or based upon any action for which ONEQ, its directors, officers or affiliated persons would otherwise
be subject by reason of willful misconduct, bad faith, or gross negligence in the performance of its or their duties or by reason of the
reckless disregard of its or their obligations and duties under this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;(b) ONEQ agrees to indemnify and hold harmless ONLIC, is directors, officers and employees against any losses, claims, damages, liabilities,
and expenses (including the cost of any legal fees incurred in connection therewith) which ONLIC, its directors, officers or employees
may incur under any statute or regulation of the United States or any state, district or territory thereof, or at common law or otherwise
arising out of the acquisition of the contracts by any person which (a) may be based upon any wrongful act by ONEQ or any of its directors,
officers or affiliated persons, or (b) may be based upon any untrue statement or alleged untrue statement of material fact contained in
a registration statement or supplemental literature, or any omission or alleged omission to state a material fact required to be stated
therein as necessary to make the facts therein not misleading, provided, however, that insofar as losses, claims, damages, liabilities,
or expenses arise out of or are based upon any such untrue statement or omission (or alleged untrue statement or omission) made in reliance
upon information furnished or confirmed in writing by ONLIC to ONEQ, the indemnification does not apply.

&nbsp;&nbsp;&nbsp;&nbsp;8.  **<u>NOTICES</u>** 

Any notice under this Agreement shall be in writing, addressed and delivered or mailed postage prepaid to the other party at such addresses as such other party may designate for the receipt of such notices. Until further notice to the other party, it is agreed that the address of the parties for this purpose shall be One Financial Way, Cincinnati, OH 45242.

&nbsp;&nbsp;&nbsp;&nbsp;9.  **<u>CONFIDENTIALITY</u>** 

ONLIC and ONEQ agree to preserve the confidentiality of any and all materials and information furnished by either party in connection with this Agreement. This Section shall not apply to any information which is: (i) independently developed by the receiving party, provided the receiving party can satisfactorily demonstrate such independent development with appropriate documentation; (ii) known to the receiving party prior to disclosure by the disclosing party; (iii) lawfully disclosed to the receiving party by a third party not under a separate duty of confidentiality with respect thereto to the disclosing party; or (iv) otherwise publicly available through no fault or breach by the receiving party.

ONLIC and ONEQ further agree that all Nonpublic Personal Information obtained in the performance of duties and obligations under this Agreement will not be used for any other purpose except to perform duties set forth under this Agreement. Such information shall not be disclosed to any third party without the express written consent of the affected individual or as may be required by law. ONLIC and ONEQ shall establish procedures to protect the security and confidentiality of such information. "Nonpublic Personal Information" shall mean any information about individual, including financial and health information, that is not publicly available.

&nbsp;&nbsp;&nbsp;&nbsp;10.  **<u>TERMS</u>** 

This agreement shall continue in effect indefinitely, and may be terminated by either party upon 60 days' written notice to the other party. Upon termination of this Agreement, all obligations of the parties shall cease, except for the provisions of Sections 1, 4, 6, 7, 9, 11, 12, and 13.

&nbsp;&nbsp;&nbsp;&nbsp;11.  **<u>SETTLEMENT ON TERMINATION</u>** 

No later than sixty (60) days after the effective date of termination of this Agreement, or as otherwise agreed to in writing by both parties, ONEQ shall deliver to ONLIC detailed written statements for all charges incurred and not included in any previous statements to the effective date of termination. The amounts owed or to be refunded hereunder shall be due and payable within thirty (30) days after receipt of such statements, unless ONEQ provides notice that such amount is disputed.

&nbsp;&nbsp;&nbsp;&nbsp;12.  **<u>CHOICE OF LAW</u>** 

This Agreement shall be construed in accordance with the laws (without regard, however, to conflicts of law principles) of the State of Ohio.

&nbsp;&nbsp;&nbsp;&nbsp;13.  **<u>SEVERABILITY</u>** 

Should any provision of this Agreement be held unenforceable, those provisions not affected by the determination of unenforceability shall remain in full force and effect.

&nbsp;&nbsp;&nbsp;&nbsp;14.  **<u>NON-WAIVER</u>** 

The failure of ONEQ or ONLIC to insist on strict compliance with this Agreement, or to exercise any right or remedy under this Agreement, shall not constitute a waiver of any rights.

&nbsp;&nbsp;&nbsp;&nbsp;15.  **<u>ENTIRE AGREEMENT</u>** 

This Agreement, together with any compensation schedules, as may from time to time revised by ONLIC in accordance with Section 4, constitutes the entire agreement between the parties with respect to the subject matter hereof.

&nbsp;&nbsp;&nbsp;&nbsp;16.  **<u>AMENDMENT</u>** 

This Agreement may be amended only by mutual consent in writing signed by both parties.

&nbsp;&nbsp;&nbsp;&nbsp;17.  **<u>SECTION HEADINGS</u>** 

Section headings contained herein are for reference purposes only and shall not affect the meaning or interpretation of this Agreement.

***Signatures appear on the following page.***

IN WITNESS WHEREOF, the parties hereto have delivered and executed this Agreement to be effective as of the date first above written.

---

| | |
|:---|:---|
| THE OHIO NATIONAL LIFE INSURANCE COMPANY | THE OHIO NATIONAL LIFE INSURANCE COMPANY |
| BY: | Thomas A. Bareﬁeld |
| Title: | Vice Chairman |
| OHIO NATIONAL EQUITIES, INC. | OHIO NATIONAL EQUITIES, INC. |
| BY: | Barbara A. Turner |
| Title: | Vice President Operations |

---

## Exhibit 99.27

**<u>AMENDMENT TO AMENDED AND RESTATED</u>**

**<u>PRINCIPAL UNDERWRITING AGREEMENT</u>**

This Amendment to Amended and Restated Principal Underwriting Agreement (the "Amendment") is entered into as of May 1, 2020 (the "Effective Date"), by and between The Ohio National Life Insurance Company ("ONLIC") and Ohio National Equities, Inc. ("ONEQ"). ONLIC and ONEQ are herein referred to individually as a "Party" and collectively as the "Parties."

WHEREAS, the Parties entered into an Amended and Restated Principal Underwriting Agreement on July 7, 2014 (the "Agreement"), which pursuant to its terms may be amended by a writing signed by both Parties; and

WHEREAS, the Parties wish to amend various sections of the Agreement.

NOW, THEREFORE, in consideration of the foregoing, and the mutual promises and covenants set forth herein and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Parties hereto agree as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. The Agreement is hereby amended as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i.  **<u>Charges and Payments</u>** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Section 4, "Charges and Payments" is amended to add
the following as the second sentence of the first paragraph:

"ONLIC shall not advance any funds to ONEQ, except to pay for services described in this Agreement."

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Section 4, "Charges and Payments" is amended to add
the following after the first sentence of the first paragraph of subsection (b):

"The compensation paid by ONLIC is fair and reasonable and is paid at cost in accordance with Statement of Statutory Accounting Principles No. 25, Paragraphs 17 and 18 (Issue Paper 128, Paragraphs 16 and 17). Invoices paid on behalf of ONLIC for commissions are paid based on current Compensation Schedules as provided in the Supplement to this Agreement. Commission payments are invoiced and settled within 30 days."

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii.  **<u>Books and Records; Audits</u>** 

Section 6, "Books and Records; Audits" is amended to add the following as the last sentence of subsection (a):

"All other books and records of ONLIC are and remain the property of ONLIC and are subject to the control of ONLIC."

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii.  **<u>Indemnification</u>** 

Section 7, "Indemnification" is amended to delete subsection (b) in its entirety and replace it with the following:

Page **1** of **3**

"ONEQ agrees to indemnify and hold harmless ONLIC, is directors, officers and employees against any losses, claims, damages, liabilities, and expenses (including the cost of any legal fees incurred in connection therewith) which ONLIC, its directors, officers or employees may incur under any statute or regulation of the United States or any state, district or territory thereof, or at common law or otherwise arising out of the acquisition of the contracts by any person which (a) may be based upon the gross negligence, willful misconduct or other wrongful act by ONEQ or any of its directors, officers or affiliated persons, or (b) may be based upon any untrue statement or alleged untrue statement of material fact contained in a registration statement or supplemental literature, or any omission or alleged omission to state a material fact required to be stated therein as necessary to make the facts therein not misleading, provided, however, that insofar as losses, claims, damages, liabilities, or expenses arise out of or are based upon any such untrue statement or omission (or alleged untrue statement or omission) made in reliance upon information furnished or confirmed in writing by ONLIC to ONEQ, the indemnification does not apply."

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**iv.**  **<u>Terms</u>** 

Section 10, "Terms" is amended to delete that section in its entirety and replace it with the following:

"This Agreement shall continue in effect indefinitely, and may be terminated by either party, with or without cause, upon 60 days' written notice to the other party. Upon termination of this Agreement, all obligations of the parties shall cease, except for the provisions of Sections 1, 4, 6, 7, 9, 11, 12, and 13."

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**v.**  **<u>Oversight and Monitoring</u>** 

Section 18, "Oversight and Monitoring" is added as a new section to include the following:

"ONLIC will maintain oversight for functions provided to ONLIC by ONEQ and will monitor services annually for quality assurance."

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**vi.**  **<u>Property of ONLIC</u>** 

Section 19, "Property of ONLIC" is added as a new section to include the following:

"All funds and invested assets of ONLIC are the exclusive property of ONLIC, held for the benefit of ONLIC and are subject to the control of ONLIC."

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**vii.**  **<u>Action Taken Pursuant to Supervision, Rehabilitation and Liquidation Act</u>** 

Section 20, "Action Taken Pursuant to Supervision, Rehabilitation and Liquidation Act" is added as a new section to include the following:

"If any action is taken against ONLIC pursuant to its supervision, rehabilitation and liquidation act: (i) All of the rights of ONLIC under this Agreement extend to the rehabilitator or the superintendent, and (ii) All books and records will immediately be made available to the rehabilitator or the superintendent immediately upon request.

Page **2** of **3**

ONEQ has no automatic right to terminate this Agreement if any action is taken against ONLIC pursuant to ONLIC's supervision, rehabilitation and liquidation act.

ONEQ will continue to maintain any systems, programs or other infrastructure notwithstanding action being taken against ONLIC pursuant to ONLIC's supervision, rehabilitation and liquidation act, and will make them available for so long as ONEQ continues to receive timely payment for services rendered."

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. All other terms and provisions of the Agreement not amended herein
shall remain in full force and effect.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. The terms of this Amendment shall be binding upon and inure to
the benefit of the successors and assigns of the Parties hereto.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. In the event of a conflict between this Amendment and the Agreement,
this Amendment shall control.

IN WITNESS WHEREOF, the Parties hereto have caused this Amendment to be executed and delivered by their duly authorized representatives as of the Effective Date.

---

| | |
|:---|:---|
| **THE OHIO NATIONAL LIFE INSURANCE COMPANY** | **THE OHIO NATIONAL LIFE INSURANCE COMPANY** |
| BY: | Michael Deweirdt |
| Title: | Senior Vice President |
| Date: | 04/15/2020 |
| **OHIO NATIONAL EQUITIES, INC.** | **OHIO NATIONAL EQUITIES, INC.** |
| BY: | Tom Degaetano |
| Title: | VP, Annuity Prodcut Management |
| Date: | 04/16/2020 |

---

Page **3** of **3**

## Exhibit 99.27

**<u>SUPPLEMENT TO AMENDED AND RESTATED<br> PRINCIPAL UNDERWRITING AGREEMENT</u>**

This Supplement to Amended and Restated Principal Underwriting Agreement (the "Supplement") is entered into as of May 1, 2020 (the "Effective Date"), by and between The Ohio National Life Insurance Company ("ONLIC") and Ohio National Equities, Inc. ("ONEQ")**.** The Amended and Restated Principal Underwriting Agreement (the "Agreement") was entered into on July 7, 2014 by and between ONLIC and ONEQ.

Pursuant to Section 4(b) of the Agreement entitled, "Commissions and Dealer Concession," ONLIC reserves the right to revise the Compensation Schedules at any time with prior notice to ONEQ.

ONLIC hereby revises the following Compensation Schedule. ONEQ has the right to request a comprehensive list of the Compensation Schedules in effect at any time during the term of the Agreement. The parties understand that the following Compensation Schedule shall remain applicable until such time as an updated Compensation Schedule is provided by ONLIC to ONEQ.

---

| | |
|:---|:---|
| THE OHIO NATIONAL LIFE INSURANCE COMPANY | THE OHIO NATIONAL LIFE INSURANCE COMPANY |
| BY: | Michael Deweirdt |
| Title: | Senior Vice President |
| Date: | 04/15/2020 |
| OHIO NATIONAL EQUITIES, INC. | OHIO NATIONAL EQUITIES, INC. |
| BY: | Tom Degaetano |
| Title: | VP, Annuity Prodcut Management |
| Date: | 04/16/2020 |

---

Page **1** of **4**

Effective Date: May 1, 2020

**Compensation Schedule – ONESCO**

**Sale of Products by ONESCO**

---

| | |
|:---|:---|
| **Product:** | **Spread Rate** |
| Top Annuity – Trail \* | 0.00050 |
| Top Plus – Trail \* | 0.00050 |
| Top Explorer – Trail \* | 0.00050 |
| Spectrum – Trail \* | 0.00050 |
| Vision – Trail \* | 0.00050 |
| ONcore Flex – Trail \* | 0.00050 |
| ONcore Value – Trail \* | 0.00050 |
| ONcore Premier – Trail \* | 0.00050 |
| ONcore Xtra – Trail \* | 0.00050 |
| ONcore Lite – Trail \* | 0.00050 |
| ONcore Advantage \*\* | 0.00375 |
| ONcore Advantage - Additional Payments \*\* | 0.00125 |
| ONcore Advantage – Trail \*\* | 0.00050 |
| Pension Advantage \*\* | 0.00375 |
| Pension Advantage - Additional Payments \*\* | 0.00125 |
| Pension Advantage – Trail \*\* | 0.00050 |

---

---

| | | |
|:---|:---|:---|
| **Fixed Indexed Annuities** | | |
| ONdex Annuity \*\*\* | All | 0.0065 based on all premium production |

---

\* Policies with effective date prior to 5/1/2011.

\*\* Policies with effective date prior to 6/9/2017.

\*\*\* Policies with effective date on or after 5/1/2020.

In the event any trail commissions are paid, the base commissions and any renewal commission may be reduced accordingly based on the length and amount of the trail commission.

Page **2** of **4**

Effective Date: May 1, 2020

**Marketing Allowance**

**Asset Based Agreements - Provisions**

---

| | | |
|:---|:---|:---|
| **<u>UBS</u>** | 10 bps annually (2.5 bps quarterly) for contracts issued 1/1/2004 and later. | ONcore and NScore. <br> Wrap, Fixed annuities not included. Fixed assets within variables annuities are excluded. |
| **<u>UBS</u>** | 5 bps annually (1.25 bps quarterly) for contracts issued from 7/6/99 to 12/31/2003. |  |
| **<u>ONESCO</u>** | 5 bps annually (1.25 bps quarterly) for contracts issued on and between 5/1/2011 and 6/8/2017 | ONcore and NScore. <br> Flex,Wrap, and Fixed Index annuities not included. |
|  **<u>MSSB</u>** | **For contracts issued prior to 2010**, 5 bps annually (1.25 bps quarterly) on assets up to $2.5 billion; 4 bps annually (1.00 bps quarterly) on assets in excess of $2.5 billion.<br>Wrap not included. <br> **<u>Policies issued 1/1/10 and later:</u>** | **For contracts issued prior to 2010**, 5 bps annually (1.25 bps quarterly) on assets up to $2.5 billion; 4 bps annually (1.00 bps quarterly) on assets in excess of $2.5 billion.<br>Wrap not included. <br> **<u>Policies issued 1/1/10 and later:</u>** |

---

---

| | | |
|:---|:---|:---|
| **Aggregate Value of Assets on the<br> Last Business Day of the Quarter** |  | **Annual Department Trail<sup>1</sup>** |
| $0 - $500000000.00 | x | 0.20% |
| $500,000,000.01 - $1,000,000,000.00 | x | 0.15% |
| $1,000,000,000.01 - $1,500,000,000.00 | x | 0.14% |
| $1,500,000,000.01 - $2,000,000,000.00 | x | 0.13% |
| $2,000,000,000.01 - $2,500,000,000.00 | x | 0.125% |
| $2,500,000,000.01 - $3,000,000,000.00 | x | 0.12% |
| $3,000,000,000.01 + | x | 0.10% |
| <sup>1</sup> Department Trail compensation will be paid on a calendar quarter basis. The quarterly amount of the trail shall be one-forth of the annual rate of "Table" applied to the Aggregate Value. | <sup>1</sup> Department Trail compensation will be paid on a calendar quarter basis. The quarterly amount of the trail shall be one-forth of the annual rate of "Table" applied to the Aggregate Value. | <sup>1</sup> Department Trail compensation will be paid on a calendar quarter basis. The quarterly amount of the trail shall be one-forth of the annual rate of "Table" applied to the Aggregate Value. |

---

Page **3** of **4**

Effective Date: May 1, 2020

**Marketing Allowance**

**Sales Based Agreements - Provisions**

---

| | |
|:---|:---|
| **<u>UBS</u>** | 20 bps ONcore, NScore, and Foundation<br> No Wrap |
| **<u>MSSB</u>** | NA |
| **<u>ONESCO</u>** | 15 bps, for contracts issued on and between 6/9/2017 and 12/31/2018.<br> ONcore, NScore, ONdex<br> No Flex/Wrap |

---

Page **4** of **4**

Effective Date: May 1, 2020

## Exhibit 99.27

![](fp0098597-1_05.jpg)

**Commission Schedule – StarStream℠ Variable Annuity Series**

Effective January 1, 2026

---

| | | | | |
|:---|:---|:---|:---|:---|
| Commissions for purchaser 0-80 | Commissions for purchaser 0-80 | Commissions for purchaser 0-80 | Commissions for purchaser 0-80 | Commissions for purchaser 0-80 |
| Option | 1 | 2 | 3 | 4 |
| Initial Premium | 7.00% | 5.00% | 3.50% | 2.00% |
| Trails | 0.00% | 0.50% | 0.75% | 1.00% |
| Commissions for purchaser 81-85 | Commissions for purchaser 81-85 | Commissions for purchaser 81-85 | Commissions for purchaser 81-85 | Commissions for purchaser 81-85 |
| Option | 1 | 2 | 3 | 4 |
| Initial Premium | 3.25% | 2.00% | 1.25% | 0.60% |
| Trails | 0.00% | 0.50% | 0.75% | 0.60% |

---

***Note: Larger firms require levelized compensation on variable annuity products, which will supersede the commissions that are presented above. AuguStar will adhere to required firm compensation guidelines. As examples:***

 ****

**Cetera**

---

| | | | |
|:---|:---|:---|:---|
| Commissions for purchaser 0-80 | Commissions for purchaser 0-80 | Commissions for purchaser 0-80 | Commissions for purchaser 0-80 |
| Option | 1 | 2 | 3 |
| Initial Premium | 5.50% | 3.50% | 2.00% |
| Trails | 0.25% | 0.75% | 1.00% |
| Commissions for purchaser 81-85 | Commissions for purchaser 81-85 | Commissions for purchaser 81-85 | Commissions for purchaser 81-85 |
| Option | 1 | 2 | 3 |
| Initial Premium | 2.75% | 3.50% | 1.00% |
| Trails | 0.25% | 0.75% | 1.00% |

---

**Osaic**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| Commissions for purchaser 0-80 | Commissions for purchaser 0-80 | Commissions for purchaser 0-80 | Commissions for purchaser 0-80 | Commissions for purchaser 0-80 | Commissions for purchaser 0-80 |
| Option | 1 | 2 | 3 | 4 | 5 |
| Initial Premium | 7.00% | 5.50% | 4.50% | 3.50% | 2.00% |
| Trails | 0.00% | 0.25% | 0.50% | 0.75% | 1.00% |
| Commissions for purchaser 81-85 | Commissions for purchaser 81-85 | Commissions for purchaser 81-85 | Commissions for purchaser 81-85 | Commissions for purchaser 81-85 | Commissions for purchaser 81-85 |
| Option | 1 | 2 | 3 | 4 | 5 |
| Initial Premium | 3.50% | 2.50% | 1.75% | 1.00% | n/a |
| Trails | 0.00% | 0.25% | 0.50% | 1.00% | n/a |

---

**LPL**

---

| | | | | |
|:---|:---|:---|:---|:---|
| Commissions for purchaser 0-80 | Commissions for purchaser 0-80 | Commissions for purchaser 0-80 | Commissions for purchaser 0-80 | Commissions for purchaser 0-80 |
| Option | 1 | 2 | 3 | 4 |
| Initial Premium | 7.00% | 5.50% | 3.50% | 2.00% |
| Trails | 0.00% | 0.25% | 0.75% | 1.00% |
| Commissions for purchaser 81-85 | Commissions for purchaser 81-85 | Commissions for purchaser 81-85 | Commissions for purchaser 81-85 | Commissions for purchaser 81-85 |
| Option | 1 | 2 | 3 | 4 |
| Initial Premium | 3.50% | 2.50% | 1.75% | 1.00% |
| Trails | 0.00% | 0.25% | 0.50% | 1.00% |

---

Form ICC25-VA-1 – 8-20-25

The commission option selected at contract issue will be used to determine the rate paid on that contract. If no selection is made, the default option will be Option 1.

There will be a 100% chargeback of commissions if the contract is not taken during the free look period. There will be a 100% chargeback of commissions in the case of an annuitant death within the first 6 months after the issuance of the annuity contract and a 50% commission chargeback if the annuitant's death occurs within the second 6 months after the issuance of the annuity contract. After the free look period for Full Surrenders, there will be a 100% chargeback of all commission if processed within the first 6 months after the issuance of the annuity contract and a 50% chargeback of all commission if processed during the second 6 months after the issuance of the annuity contract. After the free look period, for Partial Surrenders (cumulative withdrawals exceeding the free amount) there will be a 100% chargeback of commission on the excess withdrawal amount during the first 6 months after the issuance of the annuity contract and a 50% chargeback of commission on the excess withdrawal amount processed during the second 6 months after the issuance of the annuity contract.

Company reserves the right to adjust commissions on annuity contracts annuitized during the first contract year.

Trail rate shown is the annual trail rate. Trails are paid quarterly, beginning in the contract's 15<sup>th</sup> month and are calculated based on the average of the contract value on the quarterly anniversary and the contract value 90 days prior. ***Note: Many firms require payment of trails to be monthly, which will require us to make monthly trail payments.***

***Payment of MAP will be included and will be specific to each firm. MAP amounts will be determined based multiple components calculated on a periodic basis, including account values and total AUM.***

 ****

Form ICC25-VA-1 – 8-20-25

## Exhibit 99.27

**Contract Specifications**

Contract Number: [00000000] Contract Issue Date: [05/01/2024]

Annuitant: [John Doe]

Annuitant's Date of Birth: [05/01/1955]

Owner: [John Doe]

Joint Owner: [John Doe]

Primary Beneficiary: [Jane Doe]

Contingent Beneficiary: [Jason Doe]

Earliest Annuity Payout Date: [ Two years following the Contract Issue Date]

Latest Annuity Payout Date: [Anniversary following the Annuitant's 95<sup>th</sup> Birthday]

Contract state: [OH]

State Insurance Department Contact: If you have a complaint or inquiry regarding this Contract, please contact the [State] Department of Insurance at [Phone Number].

Contract Type: [401(K)]

Separate Account: [Separate Account: [AuguStar Variable Account A] is the Separate Account that contains the assets supporting the Variable Portfolios.]

**Purchase Payments** 

Initial Purchase Payment: $[10,000]

**Summary of Contract Expenses** 

Mortality and Expense Risk Charge: [1.10% Annually]

Administrative Expense Charge: [.20% Annually]

Contract Fee: $[50 Annually]

[The Contract Fee will be waived if the Contract Value is $50,000 or more on the Contract Anniversary]

Minimum Partial Withdrawal Amount: [$1,000]

Maximum Number of Free Transfers: [25]

Transfer Fee: [$25]

Minimum Transfer Amount: [$300]

Adjustment for Overpayment/Underpayment Rate: [1%]

**Table of Withdrawal Charge Factors**

Withdrawal Charge Period applicable to each Purchase Payment: [7 years]

---

| | |
|:---|:---|
| Contract Year | Withdrawal Charge Factors |
| [1st | [8% |
| 2nd | 8% |
| 3rd | 7% |
| 4th | 6% |
| 5th | 5% |
| 6th | 4% |
| 7th | 3% |
| 8th and later] | 0%] |

---

---

| | | | |
|:---|:---|:---|:---|
| Form ICC25-VA-SPU | [STS] | ***AuguStar Life Insurance Company*** | Page [2] |

---

**Contract Specifications, Continued**

**Contract Requirements**

Minimum Initial Purchase Payment: $[10,000]

Minimum Subsequent Purchase Payment: $[500]

Total Maximum Purchase Payment: $[1,000,000]

Minimum Contract Value: $[5,000]

Minimum Variable Portfolio Amount: $[300]

Purchase Payment Age Limit: [85]

**Annuity Benefit Section**

Minimum Annuity Payment Amount: [$100]

Annuity Option Table: [Annuity 2012 IAM Mortality Table projected to the year 2026 under Projection Scale G2 (using a blend of 60% of the male rates and 40% of the female rates) and subject to age setbacks as described in Adjustment to Age]

Annuity Payout Interest Rate: [1.0%]

Necessary Minimum Annual Rate of Return for Variable Annuity Payments: [2.3%]

**Adjustment to Age:**

---

| | |
|:---|:---|
| **Year Income Payments Begin** | **Age Setback** |
| [2026 – 2034] | [1 year] |
| [2035 – 2044] | [2 years] |
| [2045 – 2054] | [3 years] |
| [2055 – 2064] | [4 years] |
| [2065 and later] | [5 years] |

---

[For example, in the year 2035, we will subtract two years from the actual age, so the age 65 factor will apply to a 67-year old person instead of the age 67 factor.]

---

| | | | |
|:---|:---|:---|:---|
| Form ICC25-VA-SPU | [STS] | ***AuguStar Life Insurance Company*** | Page [2] |

---

## Exhibit 99.27

**Contract Specifications**

Contract Number: [00000000] Contract Issue Date: [05/01/2024]

Annuitant: [John Doe]

Annuitant's Date of Birth: [05/01/1955]

Owner: [John Doe]

Joint Owner: [John Doe]

Primary Beneficiary: [Jane Doe]

Contingent Beneficiary: [Jason Doe]

Earliest Annuity Payout Date: [ Two years following the Contract Issue Date]

Latest Annuity Payout Date: [Anniversary following the Annuitant's 95<sup>th</sup> Birthday]

Contract state: [OH]

State Insurance Department Contact: If you have a complaint or inquiry regarding this Contract, please contact the [State] Department of Insurance at [Phone Number].

Contract Type: [401(K)]

Separate Account: [Separate Account: [AuguStar Variable Account A] is the Separate Account that contains the assets supporting the Variable Portfolios.]

**Purchase Payments** 

Initial Purchase Payment: $[10,000]

**Summary of Contract Expenses** 

Mortality and Expense Risk Charge: [1.10% Annually]

Administrative Expense Charge: [.20% Annually]

Contract Fee: $[50 Annually]

[The Contract Fee will be waived if the Contract Value is $50,000 or more on the Contract Anniversary]

Minimum Partial Withdrawal Amount: [$1,000]

Maximum Number of Free Transfers: [25]

Transfer Fee: [$25]

Minimum Transfer Amount: [$300]

Adjustment for Overpayment/Underpayment Rate: [1%]

**Table of Withdrawal Charge Factors**

Withdrawal Charge Period applicable to each Purchase Payment: [7 years]

---

| | |
|:---|:---|
| Contract Year | Withdrawal Charge Factors |
| [1st | [8% |
| 2nd | 8% |
| 3rd | 7% |
| 4th | 6% |
| 5th | 5% |
| 6th | 4% |
| 7th | 3% |
| 8th and later] | 0%] |

---

---

| | | | |
|:---|:---|:---|:---|
| Form ICC25-VA-SP | [STS] | ***AuguStar Life Insurance Company*** | Page [2] |

---

**Contract Specifications, Continued**

**Contract Requirements**

Minimum Initial Purchase Payment: $[10,000]

Minimum Subsequent Purchase Payment: $[500]

Total Maximum Purchase Payment: $[1,000,000]

Minimum Contract Value: $[5,000]

Minimum Variable Portfolio Amount: $[300]

Purchase Payment Age Limit: [85]

**Annuity Benefit Section**

Minimum Annuity Payment Amount: [$100]

Annuity Option Table: [Annuity 2012 IAM Mortality Table projected to the year 2026 under Projection Scale G2 and subject to age setbacks as described in Adjustment to Age]

Annuity Payout Interest Rate: [1.0%]

Necessary Minimum Annual Rate of Return for Variable Annuity Payments: [2.3%]

**Adjustment to Age:**

---

| | |
|:---|:---|
| **Year Income Payments Begin** | **Age Setback** |
| [2026 – 2034] | [1 year] |
| [2035 – 2044] | [2 years] |
| [2045 – 2054] | [3 years] |
| [2055 – 2064] | [4 years] |
| [2065 and later] | [5 years] |

---

[For example, in the year 2035, we will subtract two years from the actual age, so the age 65 factor will apply to a 67-year old person instead of the age 67 factor.]

---

| | | | |
|:---|:---|:---|:---|
| Form ICC25-VA-SP | [STS] | ***AuguStar Life Insurance Company*** | Page [2] |

---

## Exhibit 99.27

---

| | |
|:---|:---|
| ![](fp0098597-1_02.jpg) | ![](fp0098597-1_03.jpg) |

---

[One Financial Way, Cincinnati, Ohio 45242

888.925.6446 augustarfinancial.com]

THIS IS A LEGAL DOCUMENT. PLEASE READ IT CAREFULLY.

AUGUSTAR LIFE INSURANCE COMPANY agrees to provide the benefits described in this Contract in accordance with its terms and in consideration of the Application and Purchase Payments We receive.

**This Contract may include one or more endorsement(s) or rider(s) as part of the Entire Contract containing definitions and additional terms affecting how this Contract may work. You should carefully read the Entire Contract.**

Signed at the home office on the Contract Issue Date.

![](fp0098597-1_01.jpg)

FLEXIBLE PAYMENT FIXED AND VARIABLE DEFERRED ANNUITY CONTRACT

Flexible Purchase Payments

Nonparticipating

RIGHT TO EXAMINE CONTRACT: You may return this Contract within ten (10) days after You receive it, thirty (30) days if it is a replacement, or any longer period that may be required by law if You are not satisfied with it for any reason. The Contract may be returned to Us at Our home office or to the financial professional through whom it was purchased. Upon receipt of the Contract, We will void the Contract and refund Your Contract Value plus any fees or charges We deducted. We reserve the right to invest Your money in a money market portfolio during the Right to Examine period. We will allocate Your money according to Your instructions at the end of the applicable Right to Examine period.

**The value of amounts allocated to the Separate Account during the accumulation and annuity income periods is not guaranteed and will increase or decrease based upon the investment experience of the Variable Portfolio(s) elected.**

Form ICC25-VA-1U Page 1

**TABLE OF CONTENTS**

---

| | |
|:---|:---|
| **Contract Specifications** | **FORM ICC25-VA-SPU** |
| **Contract Specifications, Riders** | **FORM ICC25-VA-RDR** |

---

---

| | |
|:---|:---|
|  | **PAGE** |
| **DEFINITIONS** | **4** |
| **GENERAL PROVISIONS** | **8** |
| **PURCHASE PAYMENT(S)** | **11** |
| **ACCUMULATION** | **12** |
| **CHARGES AND DEDUCTIONS** | **13** |
| **TRANSFERS** | **14** |
| **WITHDRAWALS** | **14** |
| **DEATH BENEFIT** | **15** |
| **ANNUITY PROVISIONS** | **17** |
| **ANNUITY PAYMENT OPTIONS** | **18** |

---

---

| | | |
|:---|:---|:---|
| Form ICC25-VA-1U | ***AuguStar Life Insurance Company*** | Page 2 |

---

**Contract Specifications**

---

| | | |
|:---|:---|:---|
| Form ICC25-VA-1U | ***AuguStar Life Insurance Company*** | Page 3.1 |

---

**Contract Specifications, Riders**

---

| | | |
|:---|:---|:---|
| Form ICC25-VA-1U | ***AuguStar Life Insurance Company*** | Page 4.1 |

---

**DEFINITIONS**

Defined in this section are some of the words and phrases used in this Contract. These terms are capitalized when used throughout the Contract with the meaning set forth below. You may find further information on the below definitions in the Contract Specifications.

**ACCUMULATION UNIT**

An Accumulation Unit is a unit of measure used to compute the Contract Value in a Variable Portfolio before the Annuity Payout Date.

**AGE**

The Age of a person is the attained Age as of a person's last birthday, unless otherwise defined in an endorsement or rider to this Contract.

**ANNUITANT**

The Annuitant is the natural person whose life is used to determine the Annuity Income Payments and when any Death Benefit will be paid under this Contract.

**ANNUITIZATION**

Annuitization is a series of periodic Annuity Income Payments.

**ANNUITY INCOME PAYMENTS**

A series of payments made to the Payee if the Annuitant is alive on the date payments begin.

**ANNUITY PAYOUT DATE**

The Annuity Payout Date is the date on which Annuity Income Payments to the Payee begin.

**ANNUITY UNIT**

An Annuity Unit is a unit of measure determined on or after the Annuity Payout Date and is used to compute Annuity Income Payments from the Variable Portfolio(s) if Variable Annuitization is selected.

**BENEFICIARY**

The person(s) or entity(ies) designated by the Owner to receive the Death Benefit, if any.

**BUSINESS DAY**

Business Day is any day that We are open and the New York Stock Exchange ("NYSE") is open for trading and generally ends at four (4:00) p.m. Eastern Time. The Business Day is the day in which all financial transactions and requests are received by Us and processed.

**CONTRACT ANNIVERSARY**

The date that occurs on the same month and date as the Contract Issue Date for each Contract Year. The first (1st) Contract Anniversary is one (1) year after the Contract Issue Date on the same month and date of the following Contract Year.

**CONTRACT ISSUE DATE**

The Contract Issue Date is the date this Contract was issued. It is the date from which Contract Years and Contract Anniversaries are measured.

---

| | | |
|:---|:---|:---|
| Form ICC25-VA-1U | ***AuguStar Life Insurance Company*** | Page 5 |

---

**CONTRACT VALUE**

The Contract Value is the sum of: (a) Your share of the Variable Portfolios' Accumulation Unit values; and (b) the value of amounts if any, allocated to any available Fixed Account option(s).

**CONTRACT YEAR**

Each twelve (12) month period initially starting on the Contract Issue Date and re-occurring with each Contract Anniversary thereafter.

**DEATH BENEFIT**

The amount that the Beneficiary may receive if the Annuitant dies before the Annuity Payout Date.

**FIXED ACCOUNT**

An account within the Company's general asset account that consists of the Company's assets other than those allocated to a Separate Account. Amounts allocated to the Fixed Account will receive periodic interest subject to a Guaranteed Minimum Interest Rate.

**FREE TRANSFER(S)**

An amount of transfers allowable without incurring a transfer fee.

**GOOD ORDER**

Good Order is the necessary, complete, and accurate forms and/or information received at Our home office that You are required to provide to Us so that We may complete a requested transaction.

**IRC (INTERNAL REVENUE CODE)**

IRC refers to the Internal Revenue Code of 1986, as amended, or as it may be amended or superseded.

**JOINT OWNER**

A Joint Owner is any person named as Joint Owner on the Application for a non-qualified Contract and listed on the Contract Specifications, unless subsequently changed. The Joint Owner, if any, possesses an interest in this Contract in conjunction with the Owner. All references within this Contract to Owner will also apply to the Joint Owner.

**LATEST ANNUITY PAYOUT DATE**

The date upon which Annuity Income Payments must begin or that the Contract Value must be fully withdrawn. The Latest Annuity Payout Date is based on the Annuitant's date of birth.

**OWNER**

The person(s) or entity(ies) entitled to exercise all rights and privileges of ownership under this Contract. Owner means both Joint Owners, if applicable. If there are Joint Owners, the authorizations of both Joint Owners are required In Writing for all Contract changes and to exercise any other rights of ownership.

**PAYEE**

The Payee is the person receiving Annuity Income Payments under this Contract.

**PURCHASE PAYMENT(S)**

Payment(s), in U.S. currency made by or on behalf of the Owner to the Company to purchase this Contract.

---

| | | |
|:---|:---|:---|
| Form ICC25-VA-1U | ***AuguStar Life Insurance Company*** | Page 6 |

---

**REQUIRED MINIMUM DISTRIBUTION (RMD)**

The amount You are required to withdraw annually from a qualified retirement account, when the Annuitant reaches the beginning Age required by law.

**SEPARATE ACCOUNT**

The Separate Account is a segregated asset account shown in the Contract Specifications. The Separate Account consists of Variable Portfolios, each investing in shares of the Underlying Fund(s).

**SPOUSAL BENEFICIARY**

If the Annuitant dies while this Contract is in force, the Spousal Beneficiary is the surviving spouse of the original deceased Owner.

**SUBSEQUENT PURCHASE PAYMENTS**

Subsequent Purchase Payments are Purchase Payments made after the initial Purchase Payment.

**THE COMPANY, WE, OUR, US**

The Company (We, Our, Us) refers to the AuguStar Life Insurance Company.

**UNDERLYING FUND**

The Underlying Fund is the underlying investment portfolios in which the Variable Portfolio(s) invest.

**VALUATION PERIOD**

The period of time from one determination of variable accumulation unit and annuity unit values to their next determination. Such values will be determined as often as We choose to do so, but will occur at least once each week or as often as required by the 1940 Act.

**VARIABLE PORTFOLIO**

A Variable Portfolio is one or more divisions of the Separate Account which provides for the variable investment options available under this Contract. Each Variable Portfolio has its own investment objective and is invested in the Underlying Fund(s). A Variable Portfolio is not chargeable with liabilities arising out of any other Variable Portfolio.

**WITHDRAWAL(S)**

Withdrawal is any amount withdrawn by the Owner from the Contract Value, including any applicable charges (included but not limited to Withdrawal Charges), applicable to each such Withdrawal.

**WRITTEN, IN WRITING**

Written or In Writing refers to a signed and dated written request or notice, in a form acceptable to Us and is received at Our home office.

**YOU, YOUR**

You and Your refers to the Owner.

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| Form ICC25-VA-1U | ***AuguStar Life Insurance Company*** | Page 7 |

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**GENERAL PROVISIONS**

**ENTIRE CONTRACT**

The Entire Contract between You and Us consists of this Contract, the application for this Contract, and any attached endorsements, riders and/or amendments. No representative of the Company has the right to change the terms or conditions of this Contract on behalf of the Company. Any change must be In Writing, approved by Us, and signed by an officer or officers of the Company. All statements made by the applicant for the issuance of the Contract shall, in the absence of fraud, be deemed representations and not warranties.

**MISSTATEMENT OF AGE**

You must, upon Our request, provide proof of the Annuitant's birth date. If the Age of any Annuitant is misstated, We will adjust future Annuity Income Payments. The amount remaining to be paid will be the amount that should have been paid with the correct information. We will credit or charge the amount of any underpayment or overpayment with interest at the rate shown on the Contract Specifications against the next succeeding Annuity Income Payment(s), if any remain. We reserve the right to collect any overpayment directly from the Payee.

Any adjustment for overpayment or underpayment will include interest charged or credited, as applicable, at the rate shown in the Contract Specifications, compounded annually.

**PROOF OF AGE OR SURVIVAL**

We may require satisfactory proof of correct Age at any time. If any payment under this Contract depends on the Annuitant being alive, We may require satisfactory proof of survival.

**DEFERMENT OF PAYMENTS**

We may defer making payments from the available Fixed Account option(s) for up to six (6) months, subject to written approval of the chief insurance regulator of the state of domicile of The Company. Interest will be credited during the deferral period.

We may suspend or postpone any payments from the Variable Portfolio(s) if any of the following occur:

&nbsp;&nbsp;&nbsp;&nbsp;(a) the NYSE is closed (other than customary weekend and holiday closings);

&nbsp;&nbsp;&nbsp;&nbsp;(b) trading on the NYSE is restricted;

&nbsp;&nbsp;&nbsp;&nbsp;(c) an emergency exists such that it is not reasonably practical to dispose of securities in the Variable Portfolio(s) or to determine
the value of its assets; or

&nbsp;&nbsp;&nbsp;&nbsp;(d) We receive notice that this Contract is the subject of a court proceeding, an arbitration, a regulatory matter or other legal action.

Conditions in (b) and (c) will be decided by or in accordance with rules of the United States Securities and Exchange Commission.

**CONFORMITY WITH INTERSTATE INSURANCE PRODUCT REGULATION STANDARDS**

This Contract was approved under the authority of the Interstate Insurance Product Regulation Commission (IIPRC) and issued under the IIPRC standards. Any provision of this Contract that on the provision's effective date is in conflict with IIPRC standards in effect at the time for this product type, this Contract is hereby amended to conform to the IIPRC standards for this product type as of the provision's effective date of the Commission contract approval.

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| Form ICC25-VA-1U | ***AuguStar Life Insurance Company*** | Page 8 |

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**SEPARATE ACCOUNT**

These assets of the Separate Account are not credited with earnings or charged with liabilities arising out of any other business We may conduct. Income, gains and losses, whether realized or not, from assets allocated to a Separate Account shall be credited to or charged against such account without regard to the general assets and liabilities of the Company. The value of amounts allocated to the Variable Portfolio(s) of the Separate Account is not guaranteed.

**MINIMUM VALUES**

The full Withdrawal amount or Death Benefit available under this Contract will not be less than the minimum benefits required under Section 7 of the NAIC Variable Annuity Regulation, Model #250.

**CHANGES IN LAW**

If the laws governing this Contract or the taxation of benefits under the Contract change, We reserve the right to amend this Contract to comply with these changes.

**ASSIGNMENT**

Unless restricted by federal tax law or except in situations where restrictions are required for purposes of satisfying applicable laws or regulations, this Contract can be assigned, but We will not be bound by any assignment or change of Owner unless the request for assignment is In Writing and is recorded. Your rights and those of any other person referred to in this Contract will be subject to the assignment. Certain assignments may be taxable. We do not assume any responsibility for the validity or tax consequences of any assignment. The assignment, unless otherwise specified by You, will take effect on the date that You signed the notice of assignment, subject to any payments made or actions taken by Us prior to receiving such assignment In Writing. We are not liable for the validity of the assignment.

**OWNERSHIP**

The Owner of this Contract is the person(s) or entity(ies) elected at the time of application and so named in the Contract Specifications. The Owner maintains all rights and interests in this Contract, subject to the rights and interests of any assignee of record. In the case of a non-tax-qualified annuity, You can change the Owner of this Contract from Yourself to a new Owner. You must send notice to Us to make the change. Any Owner change made, unless otherwise specified by the Owner, shall take effect on the date the notification is signed by the Owner, when received in Good Order, subject to any payments made or actions taken by Us prior to receipt of the notification. No change will apply to any payment(s) We made before the notice was received. The Annuitant cannot be changed at any time.

We may require that a change of Ownership be endorsed in this Contract. A change of Ownership may result in adverse tax consequences. A change in Ownership due to death is described further below.

**BENEFICIARY**

The Beneficiary is entitled to receive the Death Benefit if the Annuitant dies before the Annuity Income Payments begin. If Annuity Income Payments have already begun, the Beneficiary will be entitled to any remaining Annuity Income Payments, in accordance with the terms and provisions of this Contract.

You may name Beneficiaries at the time You apply for this Contract. Beneficiary designations are revocable, and You may change them during the lifetime of the Annuitant by providing notice to Us In Writing. Any Beneficiary change made, unless otherwise specified by the Owner, shall take effect on the date the notification is signed by the Owner, when received to Our home office and in Good Order, subject to any payments made or actions taken by Us prior to receipt of the notification. No change will apply to any payment(s) We made before the notice was received. Any subsequent choice of Beneficiary will automatically revoke any prior choice. If there are multiple Beneficiaries, We may require that they be of the same class of Beneficiary.

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| Form ICC25-VA-1U | ***AuguStar Life Insurance Company*** | Page 9 |

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Subject to the terms and provisions of this Contract, We will pay an equal portion of benefits to each Beneficiary unless You direct otherwise. A contingent Beneficiary will only receive benefits payable under this Contract if there is no surviving Beneficiary unless otherwise specified In Writing at the time You apply for this Contract or in a later notice to Us. Where applicable, a secondary contingent Beneficiary will only receive benefits payable under this Contract if there is no surviving Beneficiary or contingent Beneficiary.

In the event that an Owner, who is a natural person, survives the Annuitant, such Owner will be deemed the primary Beneficiary. Under such circumstances, the designated primary Beneficiary will be deemed the contingent Beneficiary and the designated contingent Beneficiary will be deemed the Secondary contingent Beneficiary.

If a Beneficiary is a trust, We will not be responsible for verifying a trustee's right to receive any benefits payable under this Contract, nor for how the trustee disposes of any benefits. If before payment of any benefits, We receive notice that the trust has been revoked or is not in effect, then the trustee will be deemed a non-surviving Beneficiary.

The rights of a non-surviving beneficiary will pass to surviving beneficiaries of the same class unless otherwise specified in writing at the time you apply for this Contract or in a later Notice. If there is no surviving Beneficiary, contingent Beneficiary, or where applicable, secondary contingent Beneficiary, benefits will be paid to the last surviving Owner's estate.

**INSURABLE INTEREST**

Evidence must exist that the Owner(s), Annuitant, and/or Beneficiary(ies) will suffer a financial loss at the death of the life that triggers the Death Benefit. Generally, We consider an insurable interest if a familial relationship and/or economic interest exists. A familial relationship generally includes those persons related by blood or by law. An economic interest exists when the Owner has a lawful and substantial economic interest in having the life, health, or bodily safety of the covered life preserved.

**CLAIMS OF CREDITORS**

To the extent permitted by law, no right or proceeds payable under this Contract will be subject to claims of creditors or legal process.

**PREMIUM TAXES OR OTHER TAXES**

We may deduct from the Contract Value any premium tax or other taxes payable to a state or other government entity, if applicable. Should We advance any amount so due, We are not waiving any right to collect such amount at a later date. We will deduct any withholding taxes required by applicable law.

**PERIODIC REPORTS**

We will send You a statement of the account activity of this Contract as often as annually, without charge.

The statement will include:

- the beginning and ending dates of the current report period;

- the Contract Value, if any, at the beginning and ending dates of the current report period;

- all transactions (i.e. Purchase Payment(s) received, transfers, withdrawals, and/or charges and /or fees) which have occurred during the accounting period shown on the statement;

- The cash surrender value, if any, at the end of the current report period; and

- any other information that may be required.

Upon request additional statements are made available.

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| Form ICC25-VA-1U | ***AuguStar Life Insurance Company*** | Page 10 |

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You have the duty to review all confirmations and statements We send You and to report promptly any discrepancy. We will not be responsible for any losses or damages attributable to a discrepancy that is reflected on such confirmations or statements unless You report the discrepancy in writing to us within thirty (30) days of the date of the confirmation or statement.

Otherwise, the confirmation or statement will be deemed final and correct.

**INCONTESTABILITY**

Except for fraud in the procurement of this Contract, where permitted by law in the State of Issue, after this Contract has been in force during the lifetime of the Annuitant for two (2) years from the Contract Issue Date, or effective date of any Contract change, We will not contest it.

**WAIVER**

Our waiver of any of the terms and conditions under this Contract will not be deemed to constitute waiver of the right to enforce strict compliance.

**MINIMUM CONTRACT VALUE**

If the Contract Value falls below the Minimum Contract Value after any partial Withdrawal, as shown in the Contract Specifications, as a result of taking partial Withdrawals, subject to applicable laws, rules and regulations, We may treat Your partial Withdrawal request as a request for a full Withdrawal and terminate this Contract.

**CONTRACT TERMINATION**

This Contract will be terminated if it is reduced to or below the Minimum Contract Value or is reduced to zero (0) due to the assessment of Contract or rider fees or deductions after partial Withdrawals. If the Withdrawal is involuntary it will be equal to the Contract Value and not subject to Withdrawal Charge(s).

**PURCHASE PAYMENT(S)**

**PURCHASE PAYMENTS**

Purchase Payments are flexible. This means that, subject to Company disclosed restrictions, You may change the amounts, frequency and/or timing of Purchase Payments. Purchase Payments can be made at any time after the Contract Issue Date but must be received at Our home office before the Purchase Payment Age limit, as shown in the Contract Specifications. With instructions from You, Purchase Payments will be allocated to the Separate Account for Variable Portfolio(s) and/or Fixed Account Option(s), if available.

We reserve the right, upon advance notice to You, to: (a) limit the maximum amount of Purchase Payments; (b) discontinue acceptance of any subsequent Purchase Payment(s); and (c) limit the number of Variable Portfolios in which You may allocate.

**CHANGES TO VARIABLE PORTFOLIO OFFERINGS**

If the shares of an Underlying Fund should no longer be available for investment by the Separate Account, then We may substitute shares of another Underlying Fund, for shares already selected. At any given time, some Variable Portfolios may not be available for receipt of Purchase Payment(s) or transfer(s). Substitutions may be necessary and will be carried out in accordance with any applicable laws or regulations. We reserve the right to make a substitution of the shares for the Underlying Funds. Any substitution of these shares will not alter the underlying structure of this Contract and none of the Underlying Funds substituted have any guarantees.

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| Form ICC25-VA-1U | ***AuguStar Life Insurance Company*** | Page 11 |

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**ACCUMULATION**

This Contract provides for an accumulation phase and an income phase. During the accumulation phase, Your Purchase Payment(s) received prior to the Annuity Payout Date are allocated among Variable Portfolio(s) and/or Fixed Account(s), if available in this Contract. During the income phase, Annuity Income Payments under an Annuity Payment Option selected by You are made to You or Your designated Payee.

**NUMBER OF VARIABLE ACCUMULATION UNITS**

This Contract is credited with variable Accumulation Units of the Separate Account when amounts are allocated to the Variable Portfolio(s). For that portion of each Purchase Payment and/or transfer amount allocated to a Variable Portfolio, the number of Accumulation Units credited is equal to:

The sum of each Purchase Payment and/or the transfer amount allocated to the Variable Portfolio.

*Divided by*

 

The Variable Accumulation Unit Value for that Variable Portfolio for the Valuation Period in which the Purchase Payment or transfer amount is received and allocated to the Variable Portfolio.

The number of Accumulation Units will be reduced for Withdrawals, Annuitization, amounts transferred out of a Variable Portfolio, the Contract Fee, if applicable, and applicable charges for any elected features as set forth in endorsements or riders to this Contract. Any reduction to the Contract Value will be made as of the Business Day in which We receive all requirements In Writing for the transaction, as appropriate.

**SEPARATE ACCOUNT ACCUMULATION VALUE**

The Separate Account Accumulation Value under this Contract is the sum of the Accumulation Unit values held in the Variable Portfolio(s) for You.

**VARIABLE ACCUMULATION UNIT VALUE**

We will credit this Contracts Variable Portfolio(s) with variable Accumulation Units in relation to the amount of the Net Purchase Payment allocated to each Variable Portfolio.

The value of each variable Accumulation Unit was set when the first (1st) Net Purchase Payment was allocated to each Variable Portfolio. The value of a variable Accumulation Unit for each Variable Portfolio will differ for each subsequent Valuation Period. Such value is found by multiplying the value of a variable Accumulation Unit of that Subaccount for the immediately preceding Valuation Period by the Net Investment Factor for the Subaccount for the Valuation Period for which the variable Accumulation Unit value is being determined. The value of a variable Accumulation Unit for any Valuation Period is determined as of the end of such Valuation Period.

The Variable Accumulation Account value for a Valuation Period equals the number of variable Accumulation Units credited to the Separate Account multiplied by the value of each such unit for that Valuation Period.

The Variable Accumulation Unit Value for any subsequent Valuation Period is determined as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) The value of Variable Accumulation Units for the Variable Portfolio immediately preceding that Valuation Period;

*Multiplied by*

 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) The Net Investment Factor for the Variable Portfolio for the Valuation Period.

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| Form ICC25-VA-1U | ***AuguStar Life Insurance Company*** | Page 12 |

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The number of Variable Accumulation Units will be adjusted as necessary to reflect any transfer among Variable Portfolios. To find the number of variable Accumulation Units credited to each Variable Portfolio, divide the amount allocated to that Portfolio by the variable Accumulation Unit value of that Variable Portfolio for the Valuation Period during which the Purchase Payment is received at Our home office.

**NET INVESTMENT FACTOR**

The Net Investment Factor for a Variable Portfolio is found by dividing (1) by (2), then subtracting (3) from the result, where:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) is

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the net asset value of a Variable Portfolio share in that Separate Account determined as of the end of a Valuation Period; plus

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) the per share amount of any dividends or other distribution(s) declared by the Variable Portfolio (as of the ex- dividend date, i.e.,
the date as of which dividends on Portfolio Shares have been paid out to Owners of record) during the Valuation Period; adjusted by

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) a per share charge or credit with respect to any taxes reserved for or paid, which we determine to be attributable to the maintenance
or operation of the Separate Account;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) is the net asset value of the Variable Portfolio share in that Separate Account, adjusted by a per share credit or charge for any
taxes reserved for or paid, determined as of the end of the prior Valuation Period; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) is

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the daily Mortality and Expense Risk Charge for the number of days in such Valuation Period; plus

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) the daily Administration Expense Charge for the number of days in such Valuation Period.

The total charges for mortality and expense risks and administration expenses are shown in the Contract Specifications.

**CHARGES AND DEDUCTIONS**

We may deduct the following charges from this Contract:

**CONTRACT FEE**

The charge, as shown in the Contract Specifications, if applicable, will be deducted on each Contract Anniversary on or prior to the Annuity Payout Date. The fee will also be deducted when there is a full Withdrawal of the Contract Value.

**MORTALITY, EXPENSE AND ADMINISTRATIVE FEE**

A charge in order to compensate the Company for expenses associated with the administration of this Contract and the Separate Account as shown in the Contract Specifications.

**TRANSFER FEE**

We permit a number of Free Transfers between Variable Portfolios that will not incur a transfer fee each Contract Year, as shown in the Contract Specifications. We may charge a fee, as shown in the Contract Specifications, for each additional transfer past the number of Free Transfers in that Contract Year, except for transfers made as part of an automated transfer program.

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| Form ICC25-VA-1U | ***AuguStar Life Insurance Company*** | Page 13 |

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**WITHDRAWAL CHARGE**

Charge(s) associated with Withdrawing any value from the Contract Value during the Withdrawal Charge Period, except for Free Withdrawal, if possible, or Required Minimum Distribution (RMD).

**TRANSFERS**

Subject to applicable restrictions, You may transfer all or part of the Contract Value amongst the Variable Portfolio(s) and Fixed Account(s) (unless otherwise noted). Such transfers will be completed at the end of the Valuation Period after the request has been received or at the end of a later Valuation Period that you may request.

The minimum amount that can be transferred is subject to the Minimum Transfer Amount, as shown in the Contract Specifications. The amount that can remain in a Variable Portfolio is subject to Company limits. We reserve the right to restrict transfer privileges when there are excessive transfers that have a detrimental effect on the Variable Portfolios, including but not limited to possible termination of those privileges. We will send You advance Written notice prior to restriction or termination of transfer privileges.

Due to the risks that frequent transfers impose upon Owners and other investors in the Variable Portfolio(s) and/or Underlying Funds, We or the manager of an Underlying Fund may limit transfer activity and impose other requirements or restrictions to minimize these risks, including but not limited to, requiring a minimum amount that can be transferred, and an amount that can remain in a Variable Portfolio(s) and/or available Fixed Account option after a transfer.

**REBALANCING**

You may rebalance a specified percentage of the Contract Value by making automatic transfers of two or more variable investment options. These transfers may be requested quarterly, semi-annually, or annually. The transfers will not count against the minimum transfer amount. The rebalancing program can be terminated at any time by Written request.

**WITHDRAWALS**

On or before the Annuity Payout Date and while You are living, You may Withdraw all ("full Withdrawal") or part ("Partial Withdrawal") of the Contract Value by submitting a request to Us In Writing. A full Withdrawal is multiple Withdrawals that deplete the entire Contract Value, or any single net Withdrawal that reduces the Contract Value to below the Minimum Contract Value. The minimum Partial Withdrawal Amount is shown in the Contract Specifications.

Unless You tell Us otherwise In Writing, Withdrawals will be deducted from the Contract Value in proportion to their allocation among any available Variable Portfolio(s). Withdrawals will be based on values for the Business Day on which the Written request for Withdrawal is received by Us. In the case of a full Withdrawal, the Withdrawal will be based on values for the Business Day on which the Written request for Withdrawal is received by Us. Payment of the full Withdrawal will terminate this Contract and We will have no further obligations under this Contract. Unless the suspension of payments or deferment of payments provisions are in effect, payment of Withdrawals will be made within seven (7) calendar days.

**WITHDRAWAL CHARGE**

Withdrawals of all or a part of the Contract Value may be subject to a Withdrawal Charge if taken during the Withdrawal Charge Period as shown in the Contract Specifications. No Withdrawal Charge is deducted on a Withdrawal amount which is considered a Free Withdrawal, if possible, or required as a Required Minimum Distribution (RMD).

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| Form ICC25-VA-1U | ***AuguStar Life Insurance Company*** | Page 14 |

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The Withdrawal Charge will be a percentage of the total Purchase Payments withdrawn and will vary based on the number of years from each Purchase Payment.

The Withdrawal Charge will be deducted from the amount withdrawn. The Withdrawal Charge will be assessed against the Variable Portfolio(s) and any available Fixed Account option(s) in the same proportion that the remaining Contract Value is allocated unless You request that the Withdrawal comes from a particular Variable Portfolio or Fixed Account option, if available.

For purposes of determining the Withdrawal Charges applicable to a Withdrawal, the Withdrawal will be attributed in the following order:

&nbsp;&nbsp;&nbsp;&nbsp;1. any amount remaining of the Free Withdrawal Percentage;

&nbsp;&nbsp;&nbsp;&nbsp;2. any Purchase Payments, on a FIFO basis, not yet withdrawn and no longer subject to Withdrawal Charges;

&nbsp;&nbsp;&nbsp;&nbsp;3. any Purchase payments, on a FIFO basis, not yet withdrawn and still subject to Withdrawal Charges; and

&nbsp;&nbsp;&nbsp;&nbsp;4. any gains on the Contract.

**SYSTEMATIC WITHDRAWALS**

Prior to the Latest Annuity Payout Date, You may elect a Systematic Withdrawal program by informing Us at Our home office. Systematic Withdrawals allow You to make automatic Withdrawals from the Contract Value monthly, quarterly, semi-annually or annually, subject to the minimum partial Withdrawal amount as shown in the Contract Specifications. Any amount withdrawn through the Systematic Withdrawal program may be subject to a Withdrawal Charge as discussed in the Withdrawal Charge Provision and Free Withdrawal Rider, if applicable. You may terminate Your participation in the Systematic Withdrawal program at any time by sending Us a Written request.

**DEATH BENEFIT**

The Death Benefit is only payable if the Annuitant dies before the Annuity Payout Date. The Death Benefit is equal to the Contract Value unless a rider, benefit, or endorsement accompanying this Contract results in a greater Death Benefit.

Notwithstanding any provision of this Contract to the contrary, all payments of Death Benefits under this Contract will be made in a manner that satisfies the requirements of IRC Section 72(s), as amended from time to time.

**DUE PROOF OF DEATH**

Due Proof of Death means Written proof of death in Good Order, which may include but is not limited to:

- an original or certified copy of a death certificate or other lawful evidence providing equivalent;

- each claimant's completed claims form;

- each claimant's completed request for redemption form; and/or

- proof of each claimant's interest in the Death Benefit.

**DEATH OF OWNER**

If the Owner dies prior to the Annuity Payout Date, the entire interest of this Contract must be distributed within five (5) years of the Owner's date of death, or the new Owner of this Contract must choose to annuitize this Contract within twelve (12) months of the Owner's date of death.

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| Form ICC25-VA-1U | ***AuguStar Life Insurance Company*** | Page 15 |

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If the new Owner chooses to annuitize this Contract, it will be annuitized over the life expectancy of the new Owner. If any Owner predeceases the Annuitant, the succession of ownership will be in the following order:

&nbsp;&nbsp;&nbsp;&nbsp;(1) any other surviving Owner(s);

&nbsp;&nbsp;&nbsp;&nbsp;(2) any surviving primary Beneficiary;

&nbsp;&nbsp;&nbsp;&nbsp;(3) any surviving contingent Beneficiary;

&nbsp;&nbsp;&nbsp;&nbsp;(4) any surviving secondary contingent Beneficiary; and

&nbsp;&nbsp;&nbsp;&nbsp;(5) if there are no such survivors, to the last surviving Owner's estate.

**INTEREST ON DEATH BENEFIT** 

We will pay interest on Death Benefit at rates applicable to the Contract funds left on deposit that are in effect on the date of death. Interest shall accrue from the eighth day following the receipt of Due Proof of Death of the Annuitant.

In addition to the interest described above, interest shall accrue at a rate of ten percent (10%) annually beginning with the date that is thirty-one (31) calendar days from the latest of the below events to the date the claim is paid:

&nbsp;&nbsp;&nbsp;&nbsp;(1) The date that Due Proof of Death is received by Us;

&nbsp;&nbsp;&nbsp;&nbsp;(2) The date We receive sufficient information to determine its liability, the extent of the liability, and the appropriate Payee legally
entitled to the proceeds; and

&nbsp;&nbsp;&nbsp;&nbsp;(3) The date that legal impediments to payment of proceeds that depend on the action of parties other than Us are resolved and sufficient
evidence of the same is provided to Us. Legal impediments to payment include but are not limited to (a) the establishment of guardianships
and conservatorships; (b) the appointment and qualification of trustees, executors, and administrators; and (c) the submission of information
required to satisfy state and federal reporting requirements.

**DEATH BENEFIT SETTLEMENT OPTIONS**

Unless otherwise designated by the Owner before the Annuitant's death, the Beneficiary(ies) may elect one of the following Settlement options, if applicable. If no settlement option is selected within five (5) years of the Annuitant's death, the default will be a full Withdrawal of the Contract Value without a Withdrawal Charge. If there are multiple Beneficiaries, all must agree on a settlement option; if there is no agreement, the Death Benefit will be paid in lump sums to all Beneficiaries proportionally.

&nbsp;&nbsp;&nbsp;&nbsp;(1) **Five Year Continuance:** The Beneficiary(ies) would receive installment payments for a period of up to a five (5) years.

&nbsp;&nbsp;&nbsp;&nbsp;(2) **Ten Year Continuance**: The Beneficiary(ies) would receive installment payments for a period of up to ten (10) years (for qualified
Contracts).

&nbsp;&nbsp;&nbsp;&nbsp;(3) **Beneficiary Stretch:** The Beneficiary(ies) would receive annual Required Minimum Distributions (RMD). This option must be elected
during the first twelve (12) months following the Annuitant's death. The Beneficiary must be an Eligible Designated Beneficiary
(i.e. Annuitant's surviving spouse, no more than ten (10) years younger than the Annuitant, minor child, disabled, or chronically
ill.)

&nbsp;&nbsp;&nbsp;&nbsp;(4) **Immediate Annuitization:** The Beneficiary(ies) would annuitize the annuity. This option must be elected during the first twelve
(12) months of the Annuitant's death.

&nbsp;&nbsp;&nbsp;&nbsp;(5) **Lump Sum Distribution:** The Beneficiary(ies) would receive a lump sum payment.

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| Form ICC25-VA-1U | ***AuguStar Life Insurance Company*** | Page 16 |

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&nbsp;&nbsp;&nbsp;&nbsp;(6) **Spousal Beneficiary Continuation:** The surviving spouse must be the sole surviving Owner or named as the only primary Beneficiary
to elect this option.

&nbsp;&nbsp;&nbsp;&nbsp;(7) **Any other settlement option to which We agree.** 

**DEATH BENEFIT AFTER ANNUITY PAYOUT DATE**

If the Annuitant dies after the Annuity Payout Date, any Death Benefit will be in accordance with the annuity option chosen. Any remaining period certain installments to be paid after the Annuitant's Death will be in the following order of succession:

&nbsp;&nbsp;&nbsp;&nbsp;(1) any surviving Owner(s);

&nbsp;&nbsp;&nbsp;&nbsp;(2) any surviving primary Beneficiary;

&nbsp;&nbsp;&nbsp;&nbsp;(3) any surviving contingent Beneficiary;

&nbsp;&nbsp;&nbsp;&nbsp;(4) any surviving secondary contingent Beneficiary; and

&nbsp;&nbsp;&nbsp;&nbsp;(5) if there are no such survivors, to the last surviving Owner's estate.

If this Contract is part of a pension or profit-sharing plan or trust, other rules may apply.

**ANNUITY PROVISIONS**

**ANNUITY PAYOUT DATE**

The Annuity Payout Date is the date on which Annuity Income Payments to the Payee begin. The earliest Annuity Payout Date and the Latest Annuity Payout Date are specified in the Contract Specifications. The Latest Annuity Payout Date is the date the Annuity Income Payments must begin. If this Contract is in force and the Annuitant is alive on the Annuity Payout Date, We will begin Annuity Income Payments to the Payee.

**FIXED ANNUITIZATION**

If a Fixed Annuitization has been elected, the proceeds payable under this Contract less any applicable premium taxes, shall be applied to the payment of the fixed Annuity Income Payment option elected at rates which are at least equal to the annuity rates based upon the annuity factor applicable to the Annuity Income Payment option chosen. Upon Annuitization, any amounts remaining in the EDCA Fixed Account Option(s), if applicable, will be applied to a Fixed Annuitization. The unit values credited and applied to Your Contract are determined on each date of transfer.

**AMOUNT OF FIXED ANNUITY INCOME PAYMENTS**

The amount of each fixed Annuity Income Payment will be determined by applying the portion of the Contract Value allocated by You for Fixed Annuitization on the Annuity Payout Date, less any applicable premium taxes, to the annuity factor applicable to the fixed Annuity Income Payment option chosen. The minimum annuity payment amounts provided under this Contract will be based on:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) the Annuity Option Table shown in the Contract Specifications;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) the Annuity Payout Interest Rate shown in the Contract Specifications; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) the Annuitant's Age, which is subject to an Adjustment to Age shown on the Contract Specifications. To determine the Adjustment to Age, We will subtract the Age setback shown in the Contract Specifications from the Annuitant's Age nearest birthday on the Annuity Payout Date.

In no event will the Fixed Annuitization be changed once it begins.

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|:---|:---|:---|
| Form ICC25-VA-1U | ***AuguStar Life Insurance Company*** | Page 17 |

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**AMOUNT OF VARIABLE ANNUITY INCOME PAYMENTS**

&nbsp;&nbsp;&nbsp;&nbsp;(a) First Variable Annuity Income Payment: The dollar amount of the first (1st) Variable Annuitization payment will be determined by applying
the portion of the Contract Value allocated to the Variable Portfolio(s) on the Annuity Payout Date, less any applicable premium taxes,
to the annuity factor applicable to the variable Annuity Income Payment option chosen.

&nbsp;&nbsp;&nbsp;&nbsp;(b) If the Contract Value is allocated to more than one Variable Portfolio, the value of the allocation in each Variable Portfolio is
applied separately to the variable Annuity Income Payment option factor to determine the amount of the first (1st) Annuity Income Payment
attributable to each Variable Portfolio.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Number of Variable Annuity Units: The number of Annuity Units for each applicable Variable Portfolio is the amount of the first Annuity
Income Payment attributable to that Variable Portfolio divided by the value of the applicable Annuity Unit for that Variable Portfolio
as of the Annuity Payout Date. The number of Annuity Units will not change as a result of investment experience.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Subsequent Variable Annuity Income Payments: After the first Variable Annuitization payment, subsequent Variable Annuitization payments
will vary in amount according to the investment performance of the applicable Variable Portfolio(s) in which You are invested. The amount
may change from month to month. The amount of each subsequent Variable Portfolio is (1) multiplied by (2) where:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) Is the number of Annuity Units for each Variable Portfolio as determined for the first Annuity Income Payment; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) Is the value of an Annuity Unit for that Variable Portfolio determined as of the last Business Day at the end of the month immediately
preceding the month in which the Annuity Income Payment is due.

We guarantee that the dollar amount of each payment after the first (1st) will not decrease if the net annual investment return from the Variable Portfolio is greater than or equal to the Necessary Minimum Annual Rate of Return for Variable Annuity Payments shown on the Contract Specifications.

**ANNUITY PAYMENT OPTIONS**

During the Annuitant's life, and upon Written election, the Contract Value may be applied to provide one of the following Annuity Income Payment options or any Annuity Income Payment option that is mutually agreeable. Prior to the Annuity Payout Date but not before the earliest Annuity Payout Date shown in the Contract Specifications, You may choose one of the options described below. If You select the Variable Annuitization option, the periodic Annuity Income Payments vary in amount according to investment experience of one or more Variable Portfolios, as selected by You. Such payments are made from the Company's Separate Account. If You select Fixed Annuitization, these periodic Annuity Income Payments will not vary with investment experience and such payments are made from the Company's general asset account.

**ELECTIONS**

You must give Us notice In Writing in order to elect an Annuity Option, to revoke, or to change such an election. If no such election is in effect on the Annuity Payout Date, and if the Annuitant is then living and the Contract is a tax- qualified Contract, the Contract Value will be applied under Life Annuity Option (2) described below. If no such election is in effect on the Annuity Payout Date, and if the Annuitant is then living and the Contract is not a tax-qualified Contract, the Contract Value will be applied under Life Annuity Option (3) described below. The annuity will be variable unless You elect otherwise.

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| Form ICC25-VA-1U | ***AuguStar Life Insurance Company*** | Page 18 |

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**SINGLE LIFE OPTIONS**

**OPTION 1 - Non-Refund**

Payments payable to a Payee during the lifetime of the Annuitant. No further Annuity Payments are payable after the death of the Annuitant.

**OPTION 2 - Five (5) Year Period Certain**

We will make Annuity Payments during the lifetime of the Annuitant with a guarantee that if at the time of the Annuitant's death there have been less than five (5) years of Annuity Payments made as selected, Annuity Payments will continue for the remainder of the Guaranteed Period.

**OPTION 3 - Ten (10) Year Period Certain**

We will make Annuity Payments during the lifetime of the Annuitant with a guarantee that if at the time of the Annuitant's death there have been less than ten (10) years of Annuity Payments made as selected, Annuity Payments will continue for the remainder of the Guaranteed Period.

**OPTION 4 - Installment Refund**

We will make Annuity Payments during the lifetime of the Annuitant with a guarantee that if at the Annuitant's death the total amount of Annuity Payments is less than the Contract Value applied to the Annuity Option, Annuity Payments will continue until they have equaled the Contract Value applied to the Annuity Option.

**JOINT AND SURVIVOR LIFE ANNUITY OPTIONS**

**OPTION 1 - Joint and Survivor Non-Refund**

We will make Annuity Payments during the joint lifetime of the Annuitant and the joint Annuitant. Upon the death of either the Annuitant or joint Annuitant, Annuity Payments will continue to be paid during the remaining lifetime of the survivor. Annuity Payments cease with the final Annuity Payment due prior to the last survivor's death.

**OPTION 2 – Joint and Survivor with Period Certain**

We will make Annuity Payments during a specified period of years and after that during the joint lifetime of the Annuitant and joint Annuitant. Payments will then continue during the remaining lifetime of the survivor. Annuity payments will cease after the death of the survivor of the Annuitant and joint Annuitant or the end of the period certain, whichever is later.

**ALTERNATIVE OPTIONS**

The Company may make other payment options available as agreed upon by both parties. Alternate amount and type of periodic installments for fixed annuity payments may be chosen. Alternate annuity options will be based on the rates for fixed-dollar single Purchase Payment immediate annuities being issued by the Company on the Annuity Payout Date.

**LIMITATION ON AVAILABILITY OF OPTIONS** 

If the amount to be applied under any Annuity Payment Option is less than the Minimum Contract Value shown in the Contract Specifications, such Annuity Payment Option will not be available. Settlement will then be in a lump sum. If an annuity payment to a payee would be less than the Minimum Annuity Payment Amount shown in the Contract Specifications, We may pay less often so that such payment will be at least the Minimum Annuity Payment Amount.

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| Form ICC25-VA-1U | ***AuguStar Life Insurance Company*** | Page 19 |

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**SPENDTHRIFT PROVISION**

Neither an Owner nor the Beneficiary may commute, anticipate, assign or otherwise encumber any amounts to be paid in settlement of this Contract. To the extent allowed by law, no such amount will be subject to any legal process in payment.

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| Form ICC25-VA-1U | ***AuguStar Life Insurance Company*** | Page 20 |

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| Form ICC25-VA-1U | ***AuguStar Life Insurance Company*** | Page 21 |

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![](fp0098597-1_04.jpg)

VARIABLE DEFERRED ANNUITY CONTRACT

Flexible Payment Fixed

Nonparticipating

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| Form ICC25-VA-1U | ***AuguStar Life Insurance Company*** | Page 22 |

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## Exhibit 99.27

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|:---|:---|
| ![](fp0098597-1_02.jpg) | ![](fp0098597-1_03.jpg) |

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[One Financial Way, Cincinnati, Ohio 45242

888.925.6446 augustarfinancial.com]

THIS IS A LEGAL DOCUMENT. PLEASE READ IT CAREFULLY.

AUGUSTAR LIFE INSURANCE COMPANY agrees to provide the benefits described in this Contract in accordance with its terms and in consideration of the Application and Purchase Payments We receive.

**This Contract may include one or more endorsement(s) or rider(s) as part of the Entire Contract containing definitions and additional terms affecting how this Contract may work. You should carefully read the Entire Contract.**

Signed at the home office on the Contract Issue Date.

![](fp0098597-1_01.jpg)

FLEXIBLE PAYMENT FIXED AND VARIABLE DEFERRED ANNUITY CONTRACT

Flexible Purchase Payments

Nonparticipating

RIGHT TO EXAMINE CONTRACT: You may return this Contract within ten (10) days after You receive it, thirty (30) days if it is a replacement, or any longer period that may be required by law if You are not satisfied with it for any reason. The Contract may be returned to Us at Our home office or to the financial professional through whom it was purchased. Upon receipt of the Contract We will void the Contract. For the portion of Your Purchase Payment invested in the Fixed Account We will return all Purchase Payments. For the portion invested in the Separate Account, unless required by law to return all Purchase Payments, We will refund Your Separate Account value plus any amount deducted from the portion of Your Purchase Payments applied to that account. If We are required by law to return all Purchase Payments, We reserve the right to invest Your money in a money market portfolio during the Right to Examine period. We will allocate Your money according to Your instructions at the end of the applicable Right to Examine period.

**The value of amounts allocated to the Separate Account during the accumulation and annuity income periods is not guaranteed and will increase or decrease based upon the investment experience of the Variable Portfolio(s) elected.**

Form ICC25-VA-1 Page 1

**TABLE OF CONTENTS**

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| | |
|:---|:---|
| **Contract Specifications** | **FORM ICC25-VA-SP** |
| **Contract Specifications, Riders** | **FORM ICC25-VA-RDR** |

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| | |
|:---|:---|
|  | **PAGE** |
| **DEFINITIONS** | **4** |
| **GENERAL PROVISIONS** | **8** |
| **PURCHASE PAYMENT(S)** | **11** |
| **ACCUMULATION** | **12** |
| **CHARGES AND DEDUCTIONS** | **13** |
| **TRANSFERS** | **14** |
| **WITHDRAWALS** | **14** |
| **DEATH BENEFIT** | **15** |
| **ANNUITY PROVISIONS** | **17** |
| **ANNUITY PAYMENT OPTIONS** | **18** |

---

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|:---|:---|:---|
| Form ICC25-VA-1 | ***AuguStar Life Insurance Company*** | Page 2 |

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**Contract Specifications**

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|:---|:---|:---|
| Form ICC25-VA-1 | ***AuguStar Life Insurance Company*** | Page 3.1 |

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**Contract Specifications, Riders**

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|:---|:---|:---|
| Form ICC25-VA-1 | ***AuguStar Life Insurance Company*** | Page 4.1 |

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**DEFINITIONS**

Defined in this section are some of the words and phrases used in this Contract. These terms are capitalized when used throughout the Contract with the meaning set forth below. You may find further information on the below definitions in the Contract Specifications.

**ACCUMULATION UNIT**

An Accumulation Unit is a unit of measure used to compute the Contract Value in a Variable Portfolio before the Annuity Payout Date.

**AGE**

The Age of a person is the attained Age as of a person's last birthday, unless otherwise defined in an endorsement or rider to this Contract.

**ANNUITANT**

The Annuitant is the natural person whose life is used to determine the Annuity Income Payments and when any Death Benefit will be paid under this Contract.

**ANNUITIZATION**

Annuitization is a series of periodic Annuity Income Payments.

**ANNUITY INCOME PAYMENTS**

A series of payments made to the Payee if the Annuitant is alive on the date payments begin.

**ANNUITY PAYOUT DATE**

The Annuity Payout Date is the date on which Annuity Income Payments to the Payee begin.

**ANNUITY UNIT**

An Annuity Unit is a unit of measure determined on or after the Annuity Payout Date and is used to compute Annuity Income Payments from the Variable Portfolio(s) if Variable Annuitization is selected.

**BENEFICIARY**

The person(s) or entity(ies) designated by the Owner to receive the Death Benefit, if any.

**BUSINESS DAY**

Business Day is any day that We are open and the New York Stock Exchange ("NYSE") is open for trading and generally ends at four (4:00) p.m. Eastern Time. The Business Day is the day in which all financial transactions and requests are received by Us and processed.

**CONTRACT ANNIVERSARY**

The date that occurs on the same month and date as the Contract Issue Date for each Contract Year. The first (1st) Contract Anniversary is one (1) year after the Contract Issue Date on the same month and date of the following Contract Year.

**CONTRACT ISSUE DATE**

The Contract Issue Date is the date this Contract was issued. It is the date from which Contract Years and Contract Anniversaries are measured.

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|:---|:---|:---|
| Form ICC25-VA-1 | ***AuguStar Life Insurance Company*** | Page 5 |

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**CONTRACT VALUE**

The Contract Value is the sum of: (a) Your share of the Variable Portfolios' Accumulation Unit values; and (b) the value of amounts if any, allocated to any available Fixed Account option(s).

**CONTRACT YEAR**

Each twelve (12) month period initially starting on the Contract Issue Date and re-occurring with each Contract Anniversary thereafter.

**DEATH BENEFIT**

The amount that the Beneficiary may receive if the Annuitant dies before the Annuity Payout Date.

**FIXED ACCOUNT**

An account within the Company's general asset account that consists of the Company's assets other than those allocated to a Separate Account. Amounts allocated to the Fixed Account will receive periodic interest subject to a Guaranteed Minimum Interest Rate.

**FREE TRANSFER(S)**

An amount of transfers allowable without incurring a transfer fee.

**GOOD ORDER**

Good Order is the necessary, complete, and accurate forms and/or information received at Our home office that You are required to provide to Us so that We may complete a requested transaction.

**IRC (INTERNAL REVENUE CODE)**

IRC refers to the Internal Revenue Code of 1986, as amended, or as it may be amended or superseded.

**JOINT OWNER**

A Joint Owner is any person named as Joint Owner on the Application for a non-qualified Contract and listed on the Contract Specifications, unless subsequently changed. The Joint Owner, if any, possesses an interest in this Contract in conjunction with the Owner. All references within this Contract to Owner will also apply to the Joint Owner.

**LATEST ANNUITY PAYOUT DATE**

The date upon which Annuity Income Payments must begin or that the Contract Value must be fully withdrawn. The Latest Annuity Payout Date is based on the Annuitant's date of birth.

**OWNER**

The person(s) or entity(ies) entitled to exercise all rights and privileges of ownership under this Contract. Owner means both Joint Owners, if applicable. If there are Joint Owners, the authorizations of both Joint Owners are required In Writing for all Contract changes and to exercise any other rights of ownership.

**PAYEE**

The Payee is the person receiving Annuity Income Payments under this Contract.

**PURCHASE PAYMENT(S)**

Payment(s), in U.S. currency made by or on behalf of the Owner to the Company to purchase this Contract.

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|:---|:---|:---|
| Form ICC25-VA-1 | ***AuguStar Life Insurance Company*** | Page 6 |

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**REQUIRED MINIMUM DISTRIBUTION (RMD)**

The amount You are required to withdraw annually from a qualified retirement account, when the Annuitant reaches the beginning Age required by law.

**SEPARATE ACCOUNT**

The Separate Account is a segregated asset account shown in the Contract Specifications. The Separate Account consists of Variable Portfolios, each investing in shares of the Underlying Fund(s).

**SPOUSAL BENEFICIARY**

If the Annuitant dies while this Contract is in force, the Spousal Beneficiary is the surviving spouse of the original deceased Owner.

**SUBSEQUENT PURCHASE PAYMENTS**

Subsequent Purchase Payments are Purchase Payments made after the initial Purchase Payment.

**THE COMPANY, WE, OUR, US**

The Company (We, Our, Us) refers to the AuguStar Life Insurance Company.

**UNDERLYING FUND**

The Underlying Fund is the underlying investment portfolios in which the Variable Portfolio(s) invest.

**VALUATION PERIOD**

The period of time from one determination of variable accumulation unit and annuity unit values to their next determination. Such values will be determined as often as We choose to do so, but will occur at least once each week or as often as required by the 1940 Act.

**VARIABLE PORTFOLIO**

A Variable Portfolio is one or more divisions of the Separate Account which provides for the variable investment options available under this Contract. Each Variable Portfolio has its own investment objective and is invested in the Underlying Fund(s). A Variable Portfolio is not chargeable with liabilities arising out of any other Variable Portfolio.

**WITHDRAWAL(S)**

Withdrawal is any amount withdrawn by the Owner from the Contract Value, including any applicable charges (included but not limited to Withdrawal Charges), applicable to each such Withdrawal.

**WRITTEN, IN WRITING**

Written or In Writing refers to a signed and dated written request or notice, in a form acceptable to Us and is received at Our home office.

**YOU, YOUR**

You and Your refers to the Owner.

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|:---|:---|:---|
| Form ICC25-VA-1 | ***AuguStar Life Insurance Company*** | Page 7 |

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**GENERAL PROVISIONS**

**ENTIRE CONTRACT**

The Entire Contract between You and Us consists of this Contract, the application for this Contract, and any attached endorsements, riders and/or amendments. No representative of the Company has the right to change the terms or conditions of this Contract on behalf of the Company. Any change must be In Writing, approved by Us, and signed by an officer or officers of the Company. All statements made by the applicant for the issuance of the Contract shall, in the absence of fraud, be deemed representations and not warranties.

**MISSTATEMENT OF AGE OR SEX**

You must, upon Our request, provide proof of the Annuitant's birth date and sex. If the Age or sex of any Annuitant is misstated, We will adjust future Annuity Income Payments. The amount remaining to be paid will be the amount that should have been paid with the correct information. We will credit or charge the amount of any underpayment or overpayment with interest at the rate shown on the Contract Specifications against the next succeeding Annuity Income Payment(s), if any remain. We reserve the right to collect any overpayment directly from the Payee.

Any adjustment for overpayment or underpayment will include interest charged or credited, as applicable, at the rate shown in the Contract Specifications, compounded annually.

**PROOF OF AGE, SEX, OR SURVIVAL**

We may require satisfactory proof of correct Age or sex at any time. If any payment under this Contract depends on the Annuitant being alive, We may require satisfactory proof of survival.

**DEFERMENT OF PAYMENTS**

We may defer making payments from the available Fixed Account option(s) for up to six (6) months, subject to written approval of the chief insurance regulator of the state of domicile of The Company. Interest will be credited during the deferral period.

We may suspend or postpone any payments from the Variable Portfolio(s) if any of the following occur:

&nbsp;&nbsp;&nbsp;&nbsp;(a) the NYSE is closed (other than customary weekend and holiday closings);

&nbsp;&nbsp;&nbsp;&nbsp;(b) trading on the NYSE is restricted;

&nbsp;&nbsp;&nbsp;&nbsp;(c) an emergency exists such that it is not reasonably practical to dispose of securities in the Variable Portfolio(s) or to determine
the value of its assets; or

&nbsp;&nbsp;&nbsp;&nbsp;(d) We receive notice that this Contract is the subject of a court proceeding, an arbitration, a regulatory matter or other legal action.

Conditions in (b) and (c) will be decided by or in accordance with rules of the United States Securities and Exchange Commission.

**CONFORMITY WITH INTERSTATE INSURANCE PRODUCT REGULATION STANDARDS**

This Contract was approved under the authority of the Interstate Insurance Product Regulation Commission (IIPRC) and issued under the IIPRC standards. Any provision of this Contract that on the provision's effective date is in conflict with IIPRC standards in effect at the time for this product type, this Contract is hereby amended to conform to the IIPRC standards for this product type as of the provision's effective date of the Commission contract approval.

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| Form ICC25-VA-1 | ***AuguStar Life Insurance Company*** | Page 8 |

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**SEPARATE ACCOUNT**

These assets of the Separate Account are not credited with earnings or charged with liabilities arising out of any other business We may conduct. Income, gains and losses, whether realized or not, from assets allocated to a Separate Account shall be credited to or charged against such account without regard to the general assets and liabilities of the Company. The value of amounts allocated to the Variable Portfolio(s) of the Separate Account is not guaranteed.

**MINIMUM VALUES**

The full Withdrawal amount or Death Benefit available under this Contract will not be less than the minimum benefits required under Section 7 of the NAIC Variable Annuity Regulation, Model #250.

**CHANGES IN LAW**

If the laws governing this Contract or the taxation of benefits under the Contract change, We reserve the right to amend this Contract to comply with these changes.

**ASSIGNMENT**

Unless restricted by federal tax law or except in situations where restrictions are required for purposes of satisfying applicable laws or regulations, this Contract can be assigned, but We will not be bound by any assignment or change of Owner unless the request for assignment is In Writing and is recorded. Your rights and those of any other person referred to in this Contract will be subject to the assignment. Certain assignments may be taxable. We do not assume any responsibility for the validity or tax consequences of any assignment. The assignment, unless otherwise specified by You, will take effect on the date that You signed the notice of assignment, subject to any payments made or actions taken by Us prior to receiving such assignment In Writing. We are not liable for the validity of the assignment.

**OWNERSHIP**

The Owner of this Contract is the person(s) or entity(ies) elected at the time of application and so named in the Contract Specifications. The Owner maintains all rights and interests in this Contract, subject to the rights and interests of any assignee of record. In the case of a non-tax-qualified annuity, You can change the Owner of this Contract from Yourself to a new Owner. You must send notice to Us to make the change. Any Owner change made, unless otherwise specified by the Owner, shall take effect on the date the notification is signed by the Owner, when received in Good Order, subject to any payments made or actions taken by Us prior to receipt of the notification. No change will apply to any payment(s) We made before the notice was received. The Annuitant cannot be changed at any time.

We may require that a change of Ownership be endorsed in this Contract. A change of Ownership may result in adverse tax consequences. A change in Ownership due to death is described further below.

**BENEFICIARY**

The Beneficiary is entitled to receive the Death Benefit if the Annuitant dies before the Annuity Income Payments begin. If Annuity Income Payments have already begun, the Beneficiary will be entitled to any remaining Annuity Income Payments, in accordance with the terms and provisions of this Contract.

You may name Beneficiaries at the time You apply for this Contract. Beneficiary designations are revocable, and You may change them during the lifetime of the Annuitant by providing notice to Us In Writing. Any Beneficiary change made, unless otherwise specified by the Owner, shall take effect on the date the notification is signed by the Owner, when received to Our home office and in Good Order, subject to any payments made or actions taken by Us prior to receipt of the notification. No change will apply to any payment(s) We made before the notice was received. Any subsequent choice of Beneficiary will automatically revoke any prior choice. If there are multiple Beneficiaries, We may require that they be of the same class of Beneficiary.

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|:---|:---|:---|
| Form ICC25-VA-1 | ***AuguStar Life Insurance Company*** | Page 9 |

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Subject to the terms and provisions of this Contract, We will pay an equal portion of benefits to each Beneficiary unless You direct otherwise. A contingent Beneficiary will only receive benefits payable under this Contract if there is no surviving Beneficiary unless otherwise specified In Writing at the time You apply for this Contract or in a later notice to Us. Where applicable, a secondary contingent Beneficiary will only receive benefits payable under this Contract if there is no surviving Beneficiary or contingent Beneficiary.

In the event that an Owner, who is a natural person, survives the Annuitant, such Owner will be deemed the primary Beneficiary. Under such circumstances, the designated primary Beneficiary will be deemed the contingent Beneficiary and the designated contingent Beneficiary will be deemed the Secondary contingent Beneficiary.

If a Beneficiary is a trust, We will not be responsible for verifying a trustee's right to receive any benefits payable under this Contract, nor for how the trustee disposes of any benefits. If before payment of any benefits, We receive notice that the trust has been revoked or is not in effect, then the trustee will be deemed a non-surviving Beneficiary.

The rights of a non-surviving beneficiary will pass to surviving beneficiaries of the same class unless otherwise specified in writing at the time you apply for this Contract or in a later Notice.

The rights of a non-surviving beneficiary will pass to surviving beneficiaries of the same class unless otherwise specified in writing at the time you apply for this Contract or in a later Notice. If there is no surviving Beneficiary, contingent Beneficiary, or where applicable, secondary contingent Beneficiary, benefits will be paid to the last surviving Owner's estate.

**INSURABLE INTEREST**

Evidence must exist that the Owner(s), Annuitant, and/or Beneficiary(ies) will suffer a financial loss at the death of the life that triggers the Death Benefit. Generally, We consider an insurable interest if a familial relationship and/or economic interest exists. A familial relationship generally includes those persons related by blood or by law. An economic interest exists when the Owner has a lawful and substantial economic interest in having the life, health, or bodily safety of the covered life preserved.

**CLAIMS OF CREDITORS**

To the extent permitted by law, no right or proceeds payable under this Contract will be subject to claims of creditors or legal process.

**PREMIUM TAXES OR OTHER TAXES**

We may deduct from the Contract Value any premium tax or other taxes payable to a state or other government entity, if applicable. Should We advance any amount so due, We are not waiving any right to collect such amount at a later date. We will deduct any withholding taxes required by applicable law.

**PERIODIC REPORTS**

We will send You a statement of the account activity of this Contract as often as annually, without charge.

The statement will include:

- the beginning and ending dates of the current report period;

- the Contract Value, if any, at the beginning and ending dates of the current report period;

- all transactions (i.e. Purchase Payment(s) received, transfers, withdrawals, and/or charges and /or fees) which have occurred during the accounting period shown on the statement;

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|:---|:---|:---|
| Form ICC25-VA-1 | ***AuguStar Life Insurance Company*** | Page 10 |

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- The cash surrender value, if any, at the end of the current report period; and

- any other information that may be required.

Upon request additional statements are made available.

You have the duty to review all confirmations and statements We send You and to report promptly any discrepancy. We will not be responsible for any losses or damages attributable to a discrepancy that is reflected on such confirmations or statements unless You report the discrepancy in writing to us within thirty (30) days of the date of the confirmation or statement.

Otherwise, the confirmation or statement will be deemed final and correct.

**INCONTESTABILITY**

Except for fraud in the procurement of this Contract, where permitted by law in the State of Issue, after this Contract has been in force during the lifetime of the Annuitant for two (2) years from the Contract Issue Date, or effective date of any Contract change, We will not contest it.

**WAIVER**

Our waiver of any of the terms and conditions under this Contract will not be deemed to constitute waiver of the right to enforce strict compliance.

**MINIMUM CONTRACT VALUE**

If the Contract Value falls below the Minimum Contract Value after any partial Withdrawal, as shown in the Contract Specifications, as a result of taking partial Withdrawals, subject to applicable laws, rules and regulations, We may treat Your partial Withdrawal request as a request for a full Withdrawal and terminate this Contract.

**CONTRACT TERMINATION**

This Contract will be terminated if it is reduced to or below the Minimum Contract Value or is reduced to zero (0) due to the assessment of Contract or rider fees or deductions after partial Withdrawals. If the Withdrawal is involuntary it will be equal to the Contract Value and not subject to Withdrawal Charge(s).

**PURCHASE PAYMENT(S)**

**PURCHASE PAYMENTS**

Purchase Payments are flexible. This means that, subject to Company disclosed restrictions, You may change the amounts, frequency and/or timing of Purchase Payments. Purchase Payments can be made at any time after the Contract Issue Date but must be received at Our home office before the Purchase Payment Age limit, as shown in the Contract Specifications. With instructions from You, Purchase Payments will be allocated to the Separate Account for Variable Portfolio(s) and/or Fixed Account Option(s), if available.

We reserve the right, upon advance notice to You, to: (a) limit the maximum amount of Purchase Payments; (b) discontinue acceptance of any subsequent Purchase Payment(s); and (c) limit the number of Variable Portfolios in which You may allocate.

**CHANGES TO VARIABLE PORTFOLIO OFFERINGS**

If the shares of an Underlying Fund should no longer be available for investment by the Separate Account, then We may substitute shares of another Underlying Fund, for shares already selected. At any given time, some Variable Portfolios may not be available for receipt of Purchase Payment(s) or transfer(s). Substitutions may be necessary and will be carried out in accordance with any applicable laws or regulations.

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|:---|:---|:---|
| Form ICC25-VA-1 | ***AuguStar Life Insurance Company*** | Page 11 |

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We reserve the right to make a substitution of the shares for the Underlying Funds. Any substitution of these shares will not alter the underlying structure of this Contract and none of the Underlying Funds substituted have any guarantees.

**ACCUMULATION**

This Contract provides for an accumulation phase and an income phase. During the accumulation phase, Your Purchase Payment(s) received prior to the Annuity Payout Date are allocated among Variable Portfolio(s) and/or Fixed Account(s), if available in this Contract. During the income phase, Annuity Income Payments under an Annuity Payment Option selected by You are made to You or Your designated Payee.

**NUMBER OF VARIABLE ACCUMULATION UNITS**

This Contract is credited with variable Accumulation Units of the Separate Account when amounts are allocated to the Variable Portfolio(s). For that portion of each Purchase Payment and/or transfer amount allocated to a Variable Portfolio, the number of Accumulation Units credited is equal to:

The sum of each Purchase Payment and/or the transfer amount allocated to the Variable Portfolio.

*Divided by*

 

The Variable Accumulation Unit Value for that Variable Portfolio for the Valuation Period in which the Purchase Payment or transfer amount is received and allocated to the Variable Portfolio.

The number of Accumulation Units will be reduced for Withdrawals, Annuitization, amounts transferred out of a Variable Portfolio, the Contract Fee, if applicable, and applicable charges for any elected features as set forth in endorsements or riders to this Contract. Any reduction to the Contract Value will be made as of the Business Day in which We receive all requirements In Writing for the transaction, as appropriate.

**SEPARATE ACCOUNT ACCUMULATION VALUE**

The Separate Account Accumulation Value under this Contract is the sum of the Accumulation Unit values held in the Variable Portfolio(s) for You.

**VARIABLE ACCUMULATION UNIT VALUE**

We will credit this Contracts Variable Portfolio(s) with variable Accumulation Units in relation to the amount of the Net Purchase Payment allocated to each Variable Portfolio.

The value of each variable Accumulation Unit was set when the first (1st) Net Purchase Payment was allocated to each Variable Portfolio. The value of a variable Accumulation Unit for each Variable Portfolio will differ for each subsequent Valuation Period. Such value is found by multiplying the value of a variable Accumulation Unit of that Subaccount for the immediately preceding Valuation Period by the Net Investment Factor for the Subaccount for the Valuation Period for which the variable Accumulation Unit value is being determined. The value of a variable Accumulation Unit for any Valuation Period is determined as of the end of such Valuation Period.

The Variable Accumulation Account value for a Valuation Period equals the number of variable Accumulation Units credited to the Separate Account multiplied by the value of each such unit for that Valuation Period.

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| Form ICC25-VA-1 | ***AuguStar Life Insurance Company*** | Page 12 |

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The Variable Accumulation Unit Value for any subsequent Valuation Period is determined as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) The value of Variable Accumulation Units for the Variable Portfolio immediately preceding that Valuation Period;

*Multiplied by*

 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) The Net Investment Factor for the Variable Portfolio for the Valuation Period.

The number of Variable Accumulation Units will be adjusted as necessary to reflect any transfer among Variable Portfolios. To find the number of variable Accumulation Units credited to each Variable Portfolio, divide the amount allocated to that Portfolio by the variable Accumulation Unit value of that Variable Portfolio for the Valuation Period during which the Purchase Payment is received at Our home office.

**NET INVESTMENT FACTOR**

The Net Investment Factor for a Variable Portfolio is found by dividing (1) by (2), then subtracting (3) from the result, where:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) is

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the net asset value of a Variable Portfolio share in that Separate Account determined as of the end of a Valuation Period; plus

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) the per share amount of any dividends or other distribution(s) declared by the Variable Portfolio (as of the ex- dividend date, i.e.,
the date as of which dividends on Portfolio Shares have been paid out to Owners of record) during the Valuation Period; adjusted by

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) a per share charge or credit with respect to any taxes reserved for or paid, which we determine to be attributable to the maintenance
or operation of the Separate Account;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) is the net asset value of the Variable Portfolio share in that Separate Account, adjusted by a per share credit or charge for any
taxes reserved for or paid, determined as of the end of the prior Valuation Period; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) is

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the daily Mortality and Expense Risk Charge for the number of days in such Valuation Period; plus

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) the daily Administration Expense Charge for the number of days in such Valuation Period.

The total charges for mortality and expense risks and administration expenses are shown in the Contract Specifications.

**CHARGES AND DEDUCTIONS**

We may deduct the following charges from this Contract:

**CONTRACT FEE**

The charge, as shown in the Contract Specifications, if applicable, will be deducted on each Contract Anniversary on or prior to the Annuity Payout Date. The fee will also be deducted when there is a full Withdrawal of the Contract Value.

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|:---|:---|:---|
| Form ICC25-VA-1 | ***AuguStar Life Insurance Company*** | Page 13 |

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**MORTALITY, EXPENSE AND ADMINISTRATIVE FEE**

A charge in order to compensate the Company for expenses associated with the administration of this Contract and the Separate Account as shown in the Contract Specifications.

**TRANSFER FEE**

We permit a number of Free Transfers between Variable Portfolios that will not incur a transfer fee each Contract Year, as shown in the Contract Specifications. We may charge a fee, as shown in the Contract Specifications, for each additional transfer past the number of Free Transfers in that Contract Year, except for transfers made as part of an automated transfer program.

**WITHDRAWAL CHARGE**

Charge(s) associated with Withdrawing any value from the Contract Value during the Withdrawal Charge Period, except for Free Withdrawal, if possible, or Required Minimum Distribution (RMD).

**TRANSFERS**

Subject to applicable restrictions, You may transfer all or part of the Contract Value amongst the Variable Portfolio(s) and Fixed Account(s) (unless otherwise noted). Such transfers will be completed at the end of the Valuation Period after the request has been received or at the end of a later Valuation Period that you may request.

The minimum amount that can be transferred is subject to the Minimum Transfer Amount, as shown in the Contract Specifications. The amount that can remain in a Variable Portfolio is subject to Company limits. We reserve the right to restrict transfer privileges when there are excessive transfers that have a detrimental effect on the Variable Portfolios, including but not limited to possible termination of those privileges. We will send You advance Written notice prior to restriction or termination of transfer privileges.

Due to the risks that frequent transfers impose upon Owners and other investors in the Variable Portfolio(s) and/or Underlying Funds, We or the manager of an Underlying Fund may limit transfer activity and impose other requirements or restrictions to minimize these risks, including but not limited to, requiring a minimum amount that can be transferred, and an amount that can remain in a Variable Portfolio(s) and/or available Fixed Account option after a transfer.

**REBALANCING**

You may rebalance a specified percentage of the Contract Value by making automatic transfers of two or more variable investment options. These transfers may be requested quarterly, semi-annually, or annually. The transfers will not count against the minimum transfer amount. The rebalancing program can be terminated at any time by Written request.

**WITHDRAWALS**

On or before the Annuity Payout Date and while You are living, You may Withdraw all ("full Withdrawal") or part ("Partial Withdrawal") of the Contract Value by submitting a request to Us In Writing. A full Withdrawal is multiple Withdrawals that deplete the entire Contract Value, or any single net Withdrawal that reduces the Contract Value to below the Minimum Contract Value. The minimum Partial Withdrawal Amount is shown in the Contract Specifications.

Unless You tell Us otherwise In Writing, Withdrawals will be deducted from the Contract Value in proportion to their allocation among any available Variable Portfolio(s).

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|:---|:---|:---|
| Form ICC25-VA-1 | ***AuguStar Life Insurance Company*** | Page 14 |

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Withdrawals will be based on values for the Business Day on which the Written request for Withdrawal is received by Us. In the case of a full Withdrawal, the Withdrawal will be based on values for the Business Day on which the Written request for Withdrawal is received by Us. Payment of the full Withdrawal will terminate this Contract and We will have no further obligations under this Contract. Unless the suspension of payments or deferment of payments provisions are in effect, payment of Withdrawals will be made within seven (7) calendar days.

**WITHDRAWAL CHARGE**

Withdrawals of all or a part of the Contract Value may be subject to a Withdrawal Charge if taken during the Withdrawal Charge Period as shown in the Contract Specifications. No Withdrawal Charge is deducted on a Withdrawal amount which is considered a Free Withdrawal, if possible, or required as a Required Minimum Distribution (RMD). The Withdrawal Charge will be a percentage of the total Purchase Payments withdrawn and will vary based on the number of years from each Purchase Payment.

The Withdrawal Charge will be deducted from the amount withdrawn. The Withdrawal Charge will be assessed against the Variable Portfolio(s) and any available Fixed Account option(s) in the same proportion that the remaining Contract Value is allocated unless You request that the Withdrawal comes from a particular Variable Portfolio or Fixed Account option, if available.

For purposes of determining the Withdrawal Charges applicable to a Withdrawal, the Withdrawal will be attributed in the following order:

&nbsp;&nbsp;&nbsp;&nbsp;1. any amount remaining of the Free Withdrawal Percentage;

&nbsp;&nbsp;&nbsp;&nbsp;2. any Purchase Payments, on a FIFO basis, not yet withdrawn and no longer subject to Withdrawal Charges;

&nbsp;&nbsp;&nbsp;&nbsp;3. any Purchase payments, on a FIFO basis, not yet withdrawn and still subject to Withdrawal Charges; and

&nbsp;&nbsp;&nbsp;&nbsp;4. any gains on the Contract.

**SYSTEMATIC WITHDRAWALS**

Prior to the Latest Annuity Payout Date, You may elect a Systematic Withdrawal program by informing Us at Our home office. Systematic Withdrawals allow You to make automatic Withdrawals from the Contract Value monthly, quarterly, semi-annually or annually, subject to the minimum partial Withdrawal amount as shown in the Contract Specifications. Any amount withdrawn through the Systematic Withdrawal program may be subject to a Withdrawal Charge as discussed in the Withdrawal Charge Provision and Free Withdrawal Rider, if applicable. You may terminate Your participation in the Systematic Withdrawal program at any time by sending Us a Written request.

**DEATH BENEFIT**

The Death Benefit is only payable if the Annuitant dies before the Annuity Payout Date. The Death Benefit is equal to the Contract Value unless a rider, benefit, or endorsement accompanying this Contract results in a greater Death Benefit.

Notwithstanding any provision of this Contract to the contrary, all payments of Death Benefits under this Contract will be made in a manner that satisfies the requirements of IRC Section 72(s), as amended from time to time.

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|:---|:---|:---|
| Form ICC25-VA-1 | ***AuguStar Life Insurance Company*** | Page 15 |

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**DUE PROOF OF DEATH**

Due Proof of Death means Written proof of death in Good Order, which may include but is not limited to:

- an original or certified copy of a death certificate or other lawful evidence providing equivalent;

- each claimant's completed claims form;

- each claimant's completed request for redemption form; and/or

- proof of each claimant's interest in the Death Benefit.

**DEATH OF OWNER**

If the Owner dies prior to the Annuity Payout Date, the entire interest of this Contract must be distributed within five (5) years of the Owner's date of death, or the new Owner of this Contract must choose to annuitize this Contract within twelve (12) months of the Owner's date of death. If the new Owner chooses to annuitize this Contract, it will be annuitized over the life expectancy of the new Owner.

If any Owner predeceases the Annuitant, the succession of ownership will be in the following order:

&nbsp;&nbsp;&nbsp;&nbsp;(1) any other surviving Owner(s);

&nbsp;&nbsp;&nbsp;&nbsp;(2) any surviving primary Beneficiary;

&nbsp;&nbsp;&nbsp;&nbsp;(3) any surviving contingent Beneficiary;

&nbsp;&nbsp;&nbsp;&nbsp;(4) any surviving secondary contingent Beneficiary; and

&nbsp;&nbsp;&nbsp;&nbsp;(5) if there are no such survivors, to the last surviving Owner's estate.

**INTEREST ON DEATH BENEFIT** 

We will pay interest on Death Benefit at rates applicable to the Contract funds left on deposit that are in effect on the date of death. Interest shall accrue from the eighth day following the receipt of Due Proof of Death of the Annuitant.

In addition to the interest described above, interest shall accrue at a rate of ten percent (10%) annually beginning with the date that is thirty-one (31) calendar days from the latest of the below events to the date the claim is paid:

&nbsp;&nbsp;&nbsp;&nbsp;(1) The date that Due Proof of Death is received by Us;

&nbsp;&nbsp;&nbsp;&nbsp;(2) The date We receive sufficient information to determine its liability, the extent of the liability, and the appropriate Payee legally
entitled to the proceeds; and

&nbsp;&nbsp;&nbsp;&nbsp;(3) The date that legal impediments to payment of proceeds that depend on the action of parties other than Us are resolved and sufficient
evidence of the same is provided to Us. Legal impediments to payment include but are not limited to (a) the establishment of guardianships
and conservatorships; (b) the appointment and qualification of trustees, executors, and administrators; and (c) the submission of information
required to satisfy state and federal reporting requirements.

**DEATH BENEFIT SETTLEMENT OPTIONS**

Unless otherwise designated by the Owner before the Annuitant's death, the Beneficiary(ies) may elect one of the following Settlement options, if applicable. If no settlement option is selected within five (5) years of the Annuitant's death, the default will be a full Withdrawal of the Contract Value without a Withdrawal Charge. If there are multiple Beneficiaries, all must agree on a settlement option; if there is no agreement, the Death Benefit will be paid in lump sums to all Beneficiaries proportionally.

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| Form ICC25-VA-1 | ***AuguStar Life Insurance Company*** | Page 16 |

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&nbsp;&nbsp;&nbsp;&nbsp;(1) **Five Year Continuance:** The Beneficiary(ies) would receive installment payments for a period of up to a five (5) years.

&nbsp;&nbsp;&nbsp;&nbsp;(2) **Ten Year Continuance**: The Beneficiary(ies) would receive installment payments for a period of up to ten (10) years (for qualified
Contracts).

&nbsp;&nbsp;&nbsp;&nbsp;(3) **Beneficiary Stretch:** The Beneficiary(ies) would receive annual Required Minimum Distributions (RMD). This option must be elected
during the first twelve (12) months following the Annuitant's death. The Beneficiary must be an Eligible Designated Beneficiary
(i.e. Annuitant's surviving spouse, no more than ten (10) years younger than the Annuitant, minor child, disabled, or chronically
ill.)

&nbsp;&nbsp;&nbsp;&nbsp;(4) **Immediate Annuitization:** The Beneficiary(ies) would annuitize the annuity. This option must be elected during the first twelve
(12) months of the Annuitant's death.

&nbsp;&nbsp;&nbsp;&nbsp;(5) **Lump Sum Distribution:** The Beneficiary(ies) would receive a lump sum payment.

&nbsp;&nbsp;&nbsp;&nbsp;(6) **Spousal Beneficiary Continuation:** The surviving spouse must be the sole surviving Owner or named as the only primary Beneficiary
to elect this option.

&nbsp;&nbsp;&nbsp;&nbsp;(7) **Any other settlement option to which We agree.** 

**DEATH BENEFIT AFTER ANNUITY PAYOUT DATE**

If the Annuitant dies after the Annuity Payout Date, any Death Benefit will be in accordance with the annuity option chosen. Any remaining period certain installments to be paid after the Annuitant's Death will be in the following order of succession:

&nbsp;&nbsp;&nbsp;&nbsp;(1) any surviving Owner(s);

&nbsp;&nbsp;&nbsp;&nbsp;(2) any surviving primary Beneficiary;

&nbsp;&nbsp;&nbsp;&nbsp;(3) any surviving contingent Beneficiary;

&nbsp;&nbsp;&nbsp;&nbsp;(4) any surviving secondary contingent Beneficiary; and

&nbsp;&nbsp;&nbsp;&nbsp;(5) if there are no such survivors, to the last surviving Owner's estate.

If this Contract is part of a pension or profit-sharing plan or trust, other rules may apply.

**ANNUITY PROVISIONS**

**ANNUITY PAYOUT DATE**

The Annuity Payout Date is the date on which Annuity Income Payments to the Payee begin. The earliest Annuity Payout Date and the Latest Annuity Payout Date are specified in the Contract Specifications. The Latest Annuity Payout Date is the date the Annuity Income Payments must begin. If this Contract is in force and the Annuitant is alive on the Annuity Payout Date, We will begin Annuity Income Payments to the Payee.

**FIXED ANNUITIZATION**

If a Fixed Annuitization has been elected, the proceeds payable under this Contract less any applicable premium taxes, shall be applied to the payment of the fixed Annuity Income Payment option elected at rates which are at least equal to the annuity rates based upon the annuity factor applicable to the Annuity Income Payment option chosen. Upon Annuitization, any amounts remaining in the EDCA Fixed Account Option(s), if applicable, will be applied to a Fixed Annuitization. The unit values credited and applied to Your Contract are determined on each date of transfer.

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| Form ICC25-VA-1 | ***AuguStar Life Insurance Company*** | Page 17 |

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**AMOUNT OF FIXED ANNUITY INCOME PAYMENTS**

The amount of each fixed Annuity Income Payment will be determined by applying the portion of the Contract Value allocated by You for Fixed Annuitization on the Annuity Payout Date, less any applicable premium taxes, to the annuity factor applicable to the fixed Annuity Income Payment option chosen. The minimum annuity payment amounts provided under this Contract will be based on:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) the Annuity Option Table shown in the Contract Specifications;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) the Annuity Payout Interest Rate shown in the Contract Specifications;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) the Annuitant's sex, where permitted by law; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4) the Annuitant's Age, which is subject to an Adjustment to Age shown on the Contract Specifications. To determine the Adjustment to Age, We will subtract the Age setback shown in the Contract Specifications from the Annuitant's Age nearest birthday on the Annuity Payout Date.

In no event will the Fixed Annuitization be changed once it begins.

**AMOUNT OF VARIABLE ANNUITY INCOME PAYMENTS**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) First Variable Annuity Income Payment: The dollar amount of the first (1st) Variable Annuitization payment will be determined by applying the portion of the Contract Value allocated to the Variable Portfolio(s) on the Annuity Payout Date, less any applicable premium taxes, to the annuity factor applicable to the variable Annuity Income Payment option chosen. If the Contract Value is allocated to more than one Variable Portfolio, the value of the allocation in each Variable Portfolio is applied separately to the variable Annuity Income Payment option factor to determine the amount of the first (1st) Annuity Income Payment attributable to each Variable Portfolio.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Number of Variable Annuity Units: The number of Annuity Units for each applicable Variable Portfolio is the amount of the first Annuity
Income Payment attributable to that Variable Portfolio divided by the value of the applicable Annuity Unit for that Variable Portfolio
as of the Annuity Payout Date. The number of Annuity Units will not change as a result of investment experience.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Subsequent Variable Annuity Income Payments: After the first Variable Annuitization payment, subsequent Variable Annuitization payments
will vary in amount according to the investment performance of the applicable Variable Portfolio(s) in which You are invested. The amount
may change from month to month. The amount of each subsequent Variable Portfolio is (1) multiplied by (2) where:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) Is the number of Annuity Units for each Variable Portfolio as determined for the first Annuity Income Payment; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) Is the value of an Annuity Unit for that Variable Portfolio determined as of the last Business Day at the end of the month immediately
preceding the month in which the Annuity Income Payment is due.

We guarantee that the dollar amount of each payment after the first (1st) will not decrease if the net annual investment return from the Variable Portfolio is greater than or equal to the Necessary Minimum Annual Rate of Return for Variable Annuity Payments shown on the Contract Specifications.

**ANNUITY PAYMENT OPTIONS**

During the Annuitant's life, and upon Written election, the Contract Value may be applied to provide one of the following Annuity Income Payment options or any Annuity Income Payment option that is mutually agreeable. Prior to the Annuity Payout Date but not before the earliest Annuity Payout Date shown in the Contract Specifications, You may choose one of the options described below.

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| Form ICC25-VA-1 | ***AuguStar Life Insurance Company*** | Page 18 |

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If You select the Variable Annuitization option, the periodic Annuity Income Payments vary in amount according to investment experience of one or more Variable Portfolios, as selected by You. Such payments are made from the Company's Separate Account. If You select Fixed Annuitization, these periodic Annuity Income Payments will not vary with investment experience and such payments are made from the Company's general asset account.

**ELECTIONS**

You must give Us notice In Writing in order to elect an Annuity Option, to revoke, or to change such an election. If no such election is in effect on the Annuity Payout Date, and if the Annuitant is then living and the Contract is a tax- qualified Contract, the Contract Value will be applied under Life Annuity Option (2) described below. If no such election is in effect on the Annuity Payout Date, and if the Annuitant is then living and the Contract is not a tax-qualified Contract, the Contract Value will be applied under Life Annuity Option (3) described below. The annuity will be variable unless You elect otherwise.

**SINGLE LIFE OPTIONS**

**OPTION 1 - Non-Refund**

Payments payable to a Payee during the lifetime of the Annuitant. No further Annuity Payments are payable after the death of the Annuitant.

**OPTION 2 - Five (5) Year Period Certain**

We will make Annuity Payments during the lifetime of the Annuitant with a guarantee that if at the time of the Annuitant's death there have been less than five (5) years of Annuity Payments made as selected, Annuity Payments will continue for the remainder of the Guaranteed Period.

**OPTION 3 - Ten (10) Year Period Certain**

We will make Annuity Payments during the lifetime of the Annuitant with a guarantee that if at the time of the Annuitant's death there have been less than ten (10) years of Annuity Payments made as selected, Annuity Payments will continue for the remainder of the Guaranteed Period.

**OPTION 4 - Installment Refund**

We will make Annuity Payments during the lifetime of the Annuitant with a guarantee that if at the Annuitant's death the total amount of Annuity Payments is less than the Contract Value applied to the Annuity Option, Annuity Payments will continue until they have equaled the Contract Value applied to the Annuity Option.

**JOINT AND SURVIVOR LIFE ANNUITY OPTIONS**

**OPTION 1 - Joint and Survivor Non-Refund**

We will make Annuity Payments during the joint lifetime of the Annuitant and the joint Annuitant. Upon the death of either the Annuitant or joint Annuitant, Annuity Payments will continue to be paid during the remaining lifetime of the survivor. Annuity Payments cease with the final Annuity Payment due prior to the last survivor's death.

**OPTION 2 – Joint and Survivor with Period Certain**

We will make Annuity Payments during a specified period of years and after that during the joint lifetime of the Annuitant and joint Annuitant. Payments will then continue during the remaining lifetime of the survivor. Annuity payments will cease after the death of the survivor of the Annuitant and joint Annuitant or the end of the period certain, whichever is later.

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| Form ICC25-VA-1 | ***AuguStar Life Insurance Company*** | Page 19 |

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**ALTERNATIVE OPTIONS**

The Company may make other payment options available as agreed upon by both parties. Alternate amount and type of periodic installments for fixed annuity payments may be chosen. Alternate annuity options will be based on the rates for fixed-dollar single Purchase Payment immediate annuities being issued by the Company on the Annuity Payout Date.

**LIMITATION ON AVAILABILITY OF OPTIONS** 

If the amount to be applied under any Annuity Payment Option is less than the Minimum Contract Value shown in the Contract Specifications, such Annuity Payment Option will not be available. Settlement will then be in a lump sum. If an annuity payment to a payee would be less than the Minimum Annuity Payment Amount shown in the Contract Specifications, We may pay less often so that such payment will be at least the Minimum Annuity Payment Amount.

**SPENDTHRIFT PROVISION**

Neither an Owner nor the Beneficiary may commute, anticipate, assign or otherwise encumber any amounts to be paid in settlement of this Contract. To the extent allowed by law, no such amount will be subject to any legal process in payment.

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| Form ICC25-VA-1 | ***AuguStar Life Insurance Company*** | Page 20 |

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| Form ICC25-VA-1 | ***AuguStar Life Insurance Company*** | Page 21 |

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![](fp0098597-1_04.jpg)

VARIABLE DEFERRED ANNUITY CONTRACT

Flexible Payment Fixed

Nonparticipating

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| Form ICC25-VA-1 | ***AuguStar Life Insurance Company*** | Page 22 |

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## Exhibit 99.27

**Rider**

**Spousal Continuation**

This Rider is made part of the Contract to which it is attached. If this rider is issued at the same time as your Contract, this rider is effective on the Contract Issue Date shown on the Contract Specifications. If this rider is issued after your Contract, this rider is effective on the date upon which this rider was added.

If You choose to return the Contract under the Right to Examine this Rider will also be void.

To the extent any provisions contained in this Rider are contrary to or inconsistent with those of the Contract to which it is attached, the provisions of this Rider will control.

**CONTINUATION DATE**

The Continuation Date is the date on which We receive, at Our home office: (a) the Spousal Beneficiary's Written request to continue this Contract; and (b) Due Proof of Death. The Continuation Date will be the date that We are in receipt of both (a) and (b) in Good Order.

If the Owner's surviving spouse becomes the new Owner they can choose to continue this Contract under Spousal Continuation.

**SPOUSAL CONTINUATION**

If the Owner and the Annuitant are the same person, then the spouse of that person will be eligible to continue the Contract as a Spousal Continuation. If the Owner and the Annuitant are different people, then there can only be a Spousal Continuation, if there is no surviving Owner. The spouse who wishes to continue this Contract shall submit a request In Writing to our Home Office and Due Proof of Death in Good Order.

**SPOUSAL CONTINUATION WITH AN OPTIONAL BENEFIT**

**Single Covered Life**

If the Benefit elected provides for a single Covered Life the surviving spouse may choose from the following options:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) Continue the Contract without any Optional Benefit, if applicable; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) Add an Optional Benefit to the Contract after the Continuation Date (the Optional Benefit must be available as of the Continuation
Date and the Spouse must meet eligibility requirements).

Upon election of this Benefit following Spousal Continuation the Benefit Date will be the Contract Anniversary following the date it is elected. The Contract Value on the Benefit Date will be the beginning value of the elected Optional Benefit.

**Spousal Continuation Joint Covered Life**

If the Benefit elected provides for joint Covered Lives the surviving Covered Life can continue this Benefit subject to the following conditions:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) Spousal Continuation election of the Contract must be made within the Maximum Spousal Continuation Election Period as shown in the
Contract Specifications, after Due Proof of Death is received; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) No previous Spousal Continuation has been allowed under this Benefit (only one Spousal Continuation can be exercised during the life
of this benefit).

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|:---|:---|:---|
| Form ICC25-SCR-1 | ***AuguStar Life Insurance Company*** | Page 1 |

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**Upon Spousal Continuation of a joint version of an Optional Benefit, the Protected Benefit Base will be equal to the greater of:**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the Contract Value (after the application of the Death Benefit Adjustment, if any) or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) the Protected Benefit Base as of the Spousal Continuation Date

**If death occurs before entering the Protected Lifetime Withdrawal Period,** the MPAW rate will be determined using the surviving spouse's age.

**If death occurs after entering the Protected Lifetime Withdrawal Period**, the MPAW rate will not change.

**TERMINATION**

This Rider will terminate upon the termination of the Contract.

**AUGUSTAR LIFE INSURANCE COMPANY**

![](fp0098597-1_01.jpg)

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| Form ICC25-SCR-1 | ***AuguStar Life Insurance Company*** | Page 2 |

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## Exhibit 99.27

**Rider**

**Nursing Home Waiver**

This Rider is made part of the Contract to which it is attached.

If this rider is issued at the same time as your Contract, this rider is effective on the Contract Issue Date shown on the Contract Specifications. If this rider is issued after your Contract, this rider is effective on the date upon which this rider was added.

If You choose to return the Contract under the Right to Examine this Rider will also be void.

**This Rider includes provisions which waive otherwise applicable Withdrawal Charge(s) if the conditions stated herein are met.**

To the extent any provisions contained in this Rider are contrary to or inconsistent with those of the Contract to which it is attached, the provisions of this Rider will control.

**DEFINITIONS**

The following definitions are added to the Contract, and all terms defined within the Contract that are used in this Benefit have the same definition as in the Contract. You may find further information on the below definitions specified in the Contract Specifications.

**Nursing Home Waiver Benefit Waiting Period -** The period of time one must wait after the Contract Issue Date to receive a waiver of Withdrawal Charge(s).

**Hospital -** A facility which:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) is licensed by the jurisdiction in which it is located and operated as a Hospital;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) is supervised by a staff of one or more licensed physicians;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) provides continuous nursing service twenty-four (24) hours a day by or under the supervision of a registered nurse (R.N.);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4) operates primarily for the care and treatment of sick or injured persons as inpatients; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5) has medical, diagnostic, and surgical facilities or has access to such facilities.

**Nursing Care - Care prescribed by a physician and performed or supervised by a registered nurse (R.N.). Such care includes nursing and rehabilitation services available twenty-four (24) hours a day.**

**Nursing Facility - A facility which:**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) is operated under the laws of the jurisdiction in which it is located;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) provides Nursing Care;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) primarily provides Nursing Care under the direction of a licensed physician, registered nurse (R.N.), or licensed vocational nurse
(L.V.N.);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4) is not other than incidentally a Hospital, a home for the aged, a retirement home, a rest home, a community living center, or a place
mainly for the treatment of alcoholism, mental illness or drug abuse; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5) does not include any place owned or operated by a member of the insured's immediate family.

---

| | | |
|:---|:---|:---|
| Form ICC25-NHW-1 | ***AuguStar Life Insurance Company*** | Page 1 |

---

**Nursing Home Waiver Confinement Period - The number of consecutive days the Annuitant must be confined to a Hospital or Nursing Facility in order to receive the waiver of Withdrawal Charge(s).**

**Nursing Home Waiver Discharge Period - The number of days after the Annuitant has been discharged from a Hospital or Nursing Facility.**

**WAIVER OF WITHDRAWAL CHARGE**

We will waive the Withdrawal Charge(s) otherwise applicable to a Withdrawal of one or more Withdrawals occurring before Annuity Income Payments begin if:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) the Annuitant is, or has been confined to a Hospital or Nursing Facility for at least the number of consecutive days shown as the
Nursing Home Waiver Confinement Period;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) the Annuitant's Age is not older than the Nursing Home Waiver Annuitant Issue Age on the Contract Issue Date; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) the request for the Withdrawal, together with proof of such confinement, is received In Writing at the Home Office while the Annuitant
is confined or within the Nursing Home Waiver Discharge Period from the facility.

There may be an exception to when proof of confinement is received, if it can be shown that it was not reasonably possible to provide proof within such period of time and such proof was given as soon as possible or in the absence of legal capacity the required proof may be provided no later than one year Nursing Home Waiver Discharge Period.

If We deny a waiver claim, the Withdrawal will not be disbursed until You are notified of the denial and provided with the opportunity to accept or reject the Withdrawal, including any withdrawal charge.

**TERMINATION**

This Rider will terminate upon the termination of the Contract, except in the case of Spousal Continuation. The termination of this Rider will not affect the waiver of any Withdrawal Charge(s) while this Rider was in force.

**AUGUSTAR LIFE INSURANCE COMPANY**

![](fp0098597-1_01.jpg)

---

| | | |
|:---|:---|:---|
| Form ICC25-NHW-1 | ***AuguStar Life Insurance Company*** | Page 2 |

---

## Exhibit 99.27

**Rider**

**Enhanced Dollar Cost Averaging Rider**

This Rider is made part of the Contract to which it is attached.

To the extent any provisions contained in this Rider are contrary to or inconsistent with those of the Contract to which it is attached, the provisions of this Benefit will control.

If You choose to return the Contract under the Right to Examine this Rider will also be void.

If this rider is issued at the same time as your Contract, this rider is effective on the Contract Issue Date shown on the Contract Specifications. If this rider is issued after your Contract, this rider is effective on the date upon which this rider was added.

**ENHANCED DOLLAR COST AVERAGING (EDCA) FIXED ACCOUNT**

The EDCA Fixed Account is an interest-bearing Fixed Account within Our general asset account to which the Purchase Payment(s) may be allocated. The general asset account consists of all Our general assets, other than those allocated to a Separate Account and/or other segregated asset accounts.

Prior to the Annuity Payout Date, the EDCA Fixed Account value will be:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) the Purchase Payment(s) allocated to the EDCA Fixed Account; plus

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) accumulated interest; less

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) any Withdrawals from the EDCA Fixed Account, any applicable Withdrawal Charges, Contract Administration Charges, and any applicable
charges for other Contract Benefit(s) or Rider(s); less

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4) any amounts, plus any associated fees, transferred from the EDCA Fixed Account to the Variable Portfolio(s); less

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5) any amounts, plus any associated fees, transferred from the EDCA Fixed Account to the Fixed Account (if the Fixed Account Rider is
attached to your contract), but only pursuant to the Withdrawals provision below; less

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6) any amounts in the EDCA Fixed Account applied to affect any Annuity Payment Option under the Annuity Payment Option provision of the
contract.

**ALLOCATION OF PURCHASE PAYMENTS**

You may allocate all or any portion of a Purchase Payment, less an amount for any applicable premium taxes or similar tax payments, to the EDCA Fixed Account in accordance with the allocation percentages specified by You or as later set by You. In Our discretion and with prior notice to You, we may close the EDCA Fixed Account to Subsequent Purchase Payments or make the EDCA Fixed Account available only through a program that We may establish.

**TRANSFERS TO THE EDCA FIXED ACCOUNT**

The Contract Value allocated to the Variable Portfolio(s) and/or to a Fixed Account, if available, may not be transferred to the EDCA Fixed Account.

---

| | | |
|:---|:---|:---|
| Form ICC25-EDCA-1 | ***AuguStar Life Insurance Company*** | Page 1 |

---

**TRANSFERS FROM THE EDCA FIXED ACCOUNT**

**Scheduled Transfers**

For each Purchase Payment allocated to the EDCA Fixed Account, you can elect for equal transfers to the available Variable Portfolio(s) and/or Fixed Account(s), if available, based on the frequency that we make available. The initial scheduled transfer will occur based on the frequency elected following the date of the applicable Purchase Payment. The final scheduled transfer will include any interest accrued on funds held in the EDCA Fixed Account and, upon completion, will reduce the EDCA Fixed Account balance to zero (0).

**Unscheduled Transfers**

You may make an unscheduled transfer from a purchase payment allocated to the EDCA Fixed Account, but only for the full value of the EDCA Fixed Account attributable to such Purchase Payment. In all other respects, the rules and charges applicable to transfers between the Variable Portfolio(s) will apply to transfers involving the EDCA Fixed Account and in accordance with the Transfers provision in Your contract.

**Interest Crediting**

We will declare an annual effective interest rate for each Purchase Payment allocated to the EDCA Fixed Account. This rate will remain in effect for as long as the value attributable to that Purchase Payment remains in the EDCA Fixed Account. The initial annual effective interest rate will be the greater of the rate in effect on the date the application is received or the date the Purchase Payment is received, provided that all required paperwork is received within the Rate Lock Period specified in the Contract Specifications. Interest rates applicable to the EDCA Fixed Account may differ from those of other Fixed Accounts but will never be less than the Guaranteed Minimum Interest Rate stated in the Contract Specifications.

**Full Withdrawal**

By notice to Us, You may fully Withdrawal Your Contract and receive its Contract Value as set forth in the Withdrawals provision of your contract. We reserve the right to defer payment of any benefits from the EDCA Fixed Account for up to six (6) months from the date we receive the request in Good Order. We may take a Withdrawal Charge if the Contact is fully withdrawn.

**WITHDRAWALS**

Subject to the terms of the Withdrawals provision in your Contract and by notice to Us, you may make a withdrawal and instruct Us as to the amount to be deducted from each Variable Portfolio and/or the Fixed Account, if available.

If the amount of a requested Withdrawal, plus any applicable Withdrawal Charge(s), exceeds the Contract Value allocated to the Variable Portfolio(s) the EDCA program will be terminated.

**CONTRACT ADMINISTRATION CHARGE**

Contract Administration Charges, if applicable, will be deducted from the Variable Portfolio(s), the Fixed Account, if available, and the EDCA Fixed Account in proportion to the total Contract Value in those accounts, respectively. The amount of the charge deducted from the EDCA Fixed Account will be made on a ''first-in-first-out'' basis.

If any portion of the Contract Administration Charge is deducted from the EDCA Fixed Account, such portion shall not exceed the sum of (a) and (b), where:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) is the total amount of Purchase Payments allocated to the EDCA Fixed Account during the Contract Year; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) is the interest credited to the EDCA Fixed Account during the Contract Year that exceeds the Guaranteed Minimum Interest Rate.

---

| | | |
|:---|:---|:---|
| Form ICC25-EDCA-1 | ***AuguStar Life Insurance Company*** | Page 2 |

---

**CONTRACT VALUE**

The Contract Value for any Valuation Period equals the sum of any available Fixed Account, values as of the end of the Valuation Period and the Variable Portfolio(s) Accumulation Unit values for the Valuation Period.

**PERIODIC REPORT**

If any Contract Value is held in the EDCA Fixed Account, we will show such Contract Value in any periodic report on the Contract.

**TERMINATION**

This rider will terminate: (i) upon the commencement of any Annuity Payment Option; (ii) on the day the Contract is terminated in accordance with its terms; or (iii) upon the death of the Annuitant, except in the case of Spousal Continuation. See the Annuity Payment Options provision in the Contract.

**AUGUSTAR LIFE INSURANCE COMPANY**

![](fp0098597-1_01.jpg)

---

| | | |
|:---|:---|:---|
| Form ICC25-EDCA-1 | ***AuguStar Life Insurance Company*** | Page 3 |

---

## Exhibit 99.27

**Rider**

**Fixed Account Rider**

This Rider is made part of the Contract to which it is attached.

If You choose to return the Contract under the Right to Examine, this Rider will also be void.

To the extent any provisions contained in this Rider are contrary to or inconsistent with those of the Contract to which it is attached, the provisions of this Benefit will control.

**The purpose of this Benefit is to add a Fixed Account to your Contract.**

**EFFECTIVE DATE**

This Rider is effective on the Contract Issue Date shown in the Contract Specifications.

**FIXED ACCOUNT**

A Fixed Account is an interest-bearing account established within our general asset account to which all or part of a Purchase Payment or your Contract Value may be allocated. Fixed Accounts will vary by availability and offer differing features and rates. The general asset account consists of all our general assets, other than those allocated to an Underlying Fund and other Variable Portfolios. Prior to the Latest Annuity Payout Date, the Fixed Account value will be:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) the Purchase Payment(s) allocated to a Fixed Account; plus

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) any amounts, net of fees, transferred from the Enhanced Dollar Cost Averaging (EDCA) Fixed Account any other Fixed Account, but only pursuant to the Withdrawal provision in the Enhanced Dollar Cost Averaging (EDCA) Fixed Account Rider, if applicable; plus

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) accumulated interest; less

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4) any amounts withdrawn from the Fixed Account (along with any applicable Withdrawal Charge) to pay benefits, the Contract Fee (see the Contract Fee provision below), and any applicable charges for contract Benefits and/or Riders; less

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5) any amounts applied to affect an Annuity Option under the Annuity Payment Provisions section of your Contract.

**ALLOCATION OF PURCHASE PAYMENTS**

You may allocate all or any portion of a Purchase Payment to a Fixed Account in accordance with the allocation percentages specified by You or as later set by You, in addition to any applicable allocation requirements. In Our sole discretion and with prior Written notice to You, We may close any Fixed Account to Subsequent Purchase Payments.

**INTEREST CREDITING**

We will declare annual effective interest rates to be applied to Purchase Payments and transfers to a Fixed Account. The interest rate may vary depending on the Fixed Account to which the Purchase Payment(s) are allocated.

---

| | | |
|:---|:---|:---|
| Form ICC25-FAA-1 | ***AuguStar Life Insurance Company*** | Page 1 |

---

No annual effective interest rate declared by Us will be less than the Guaranteed Minimum Interest Rate shown in the Contract Specifications. The initial annual effective interest rate will be equal the Effective Interest Rate at Issue shown in the Contract Specifications and will be the better of the rate in effect on the date the application is received or the rate in effect on the date the Purchase Payment is received, provided that the application and all required paperwork are received within the Rate Lock Period shown in the Contract Specifications. Once established for a Purchase Payment or transfer, the interest rate shall remain in effect for the Guarantee Period shown on the Contract Specifications. We will declare a renewal interest rate at the end Guarantee Period, which will not be less than the Guaranteed Minimum Interest Rate.

**TRANSFERS**

Transfers from Variable Portfolios to a Fixed Account or from a Fixed Account to Variable Portfolios may not be permitted.

**GUARANTEED MINIMUM NONFORFEITURE VALUE**

The Guaranteed Minimum Nonforfeiture Value will at no time be less than the minimum required by Section 7B of the Model Variable Annuity Regulation, Model #250, or applicable successor provision as amended, using the nonforfeiture interest rate consistent with the minimum nonforfeiture interest rate prescribed in the law of the state in which this Contract is delivered or issued for delivery.

**WITHDRAWALS**

Subject to the terms of the Withdrawals provision in your Contract and by Written notice to us, You may make a Withdrawal and instruct Us as to the amount to be deducted from each Variable Portfolio and/or a Fixed Account. If you do not provide instructions, the withdrawal will be deducted from each Variable Portfolio and Fixed Account in the same proportion that each account's value bears to the total Contract Value as of the date on which the notice becomes effective.

Withdrawals from a Fixed Account will be taken on a first-in-first-out basis. That is, withdrawals will be taken first from any remaining portion of the total Contract Value resulting from the earliest Purchase Payment . Once the value resulting from any Purchase Payment(s) has been reduced to zero (0), remaining amounts withdrawn shall reduce the value resulting from the earliest of the remaining Purchase Payments. This process shall continue until the Withdrawal is completed. We may take a Withdrawal Charge if you make a Withdrawal. See the Withdrawal Charge provision of your Contract.

In the case of a Full Withdrawal, the amount withdrawn will not be less than the Guaranteed Minimum Nonforfeiture Value.

**CONTRACT FEE**

A Contract Fee, if applicable (see the Contract Fee provision in your Contract), will be deducted from Variable Portfolio(s) and/or Fixed Account(s) in proportion to the total Contract Value in those accounts. The amount deducted from the Fixed Account will be made on a first-in-first-out basis.

**PERIODIC REPORT**

If any Contract Value is held in a Fixed Account, we will show such Contract Value in any report on your Contract.

**SETTLEMENT**

Any Contract Value allocated to a Fixed Account will be used to provide a fixed annuity, and any Contract Value allocated to Variable Portfolios will be used to provide a variable annuity, unless otherwise specified by notice to Us.

---

| | | |
|:---|:---|:---|
| Form ICC25-FAA-1 | ***AuguStar Life Insurance Company*** | Page 2 |

---

Contract Value allocated to the Fixed Account will be determined as of the Annuity Payout Date. The Fixed Account values, full Withdrawal value, death benefit, and annuity benefit available under this Contract will not be less than the minimum benefits required by Section 7B of the National Association of Insurance Commissioners Model Variable Annuity Regulation, model #250.

In all other respects, the terms and provisions within the Annuity Provisions section of your Contract will apply.

**ADDITION OF BENEFIT**

As long as we continue to offer this rider, this rider may be added after the Contract Date.

**TERMINATION OF BENEFIT**

This rider will terminate: (1) upon the commencement of any Annuity Option, or (2) on the day your Contract is terminated in accordance with its terms, except for Spousal Continuation.

**AUGUSTAR LIFE INSURANCE COMPANY**

![](fp0098597-1_01.jpg)

---

| | | |
|:---|:---|:---|
| Form ICC25-FAA-1 | ***AuguStar Life Insurance Company*** | Page 3 |

---

## Exhibit 99.27

**Contract Specifications, Riders**

[Fixed Account Rider:

Initial Minimum Fixed Account Nonforfeiture Rate: [1.00]%

Nonforfeiture Purchase Payment Factor: [87.5]%

Nonforfeiture Assumed Annual Charge: $[50]

Guaranteed Minimum Interest Rate: [1.00%]

Effective Interest Rate at Issue: [1.250%]

Guarantee Period: [1 year]

Rate Lock Period: [60 days]

[Enhanced Dollar Cost Averaging (EDCA) Account Rider

[Effective Interest Rate at Issue: [1.250%]]

Minimum Transfer Amount: [$300]

[EDCA Election: [6 months]]

[EDCA Frequency: [Monthly]]

[Rate Lock Period: [60 days]]

[Guaranteed Minimum Interest Rate: [1.00%]]

[Nursing Home Waiver Rider:

Nursing Home Waiver Annuitant Issue Age: [80]

Nursing Home Waiver Confinement Period: [30 days]

Nursing Home Waiver Discharge Period: [90 days after discharge date]

Nursing Home Waiver Benefit Waiting Period: [1 year]]

[Return of Purchase Payment Death Benefit Rider]

[Free Withdrawal Rider

Free Withdrawal Percentage: [10]%]

[Spousal Continuation Rider

Maximum Spousal Continuation Election Period: [[28<sup>th</sup>] day after Proof of Death]

---

| | | |
|:---|:---|:---|
| Form ICC25-VA-RDR | ***AuguStar Life Insurance Company*** | Page [1] |

---

**Contract Specifications, Riders, continued**

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| | | |
|:---|:---|:---|
| Form ICC25-VA-RDR | ***AuguStar Life Insurance Company*** | Page [2] |

---

**This page intentionally left blank.**

---

| | | |
|:---|:---|:---|
| Form ICC25-VA-RDR | ***AuguStar Life Insurance Company*** | Page [3] |

---

## Exhibit 99.27

**Rider**

**Free Withdrawal Rider**

This Rider is made part of the Contract to which it is attached. If this rider is issued at the same time as your Contract, this rider is effective on the Contract Issue Date shown on the Contract Specifications. If this rider is issued after your Contract, this rider is effective on the date upon which this rider was added.

If You choose to return the Contract under the Right to Examine this Rider will also be void.

To the extent any provisions contained in this Rider are contrary to or inconsistent with those of the Contract to which it is attached, the provisions of this Rider will control.

On any day in a Contract Year before the Annuity Payout Date, You may take a Withdrawal without incurring a Withdrawal Charge, "Free Withdrawal".

Each Contract Year, the Free Withdrawal will be the greater of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) a percentage as shown in the Contract Specifications, of the remaining Purchase Payments (that are still subject to withdrawal charges);
or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) any amount withdrawn to meet Required Minimum Distributions (RMD); or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) amount that may be withdrawn under a Benefit Option or Rider, if applicable.

Although amounts withdrawn as a Free Withdrawal reduce the Contract Value, they do not reduce the remaining Purchase Payments for purposes of calculating future Free Withdrawal amounts and Withdrawal Charges. Partial Withdrawals in a Contract Year that are in excess of the Free Withdrawal amount incur a Withdrawal Charge applicable to the remaining Purchase Payments and reduce those Purchase Payments on a first-in, first-out (FIFO) basis.

If You choose to take less than the Free Withdrawal amount during a Contract Year, You may not carry over the unused Free Withdrawal amount in any subsequent Contract Years.

**Termination**

This Rider will terminate upon the termination of the Contract.

**AUGUSTAR LIFE INSURANCE COMPANY**

 ****

![](fp0098597-1_01.jpg)

---

| | | |
|:---|:---|:---|
| Form ICC25-VFWR-1 | ***AuguStar Life Insurance Company*** | Page 1 |

---

## Exhibit 99.27

**Rider**

**Return of Purchase Payment Guaranteed Minimum Death Benefit**

This Rider is made part of the Contract to which it is attached. If this rider is issued at the same time as your Contract, this rider is effective on the Contract Issue Date shown on the Contract Specifications. If this rider is issued after your Contract, this rider is effective on the date upon which this rider was added.

To the extent any provisions contained in this rider are contrary to or inconsistent with those of the Contract to which it is attached, the provisions of this Benefit will control.

If You choose to return the Contract under the Right to Examine this rider will also be void.

**RETURN OF PURCHASE PAYMENT DEATH BENEFIT**

If the Annuitant dies prior to the Annuity Payout Date, We will pay a Death Benefit to the Beneficiary upon Our receipt of Due Proof of Death. The Return of Purchase Payment Death Benefit amount will be the greater of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) The Contract Value on the date Due Proof of Death is received by Us;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) The total Purchase Payments reduced for any Withdrawals in the same proportion that the Contract Value was reduced on the date of
the Withdrawal; or

If the Contract Value is reduced to zero (0) or after Annuity Income Payments have started, the Return of Purchase Payment Death Benefit will no longer be available.

**DEATH BENEFIT ADJUSTMENT**

The Death Benefit Adjustment is equal to the difference, if any, between the highest guaranteed Death Benefit amount and the Contract Value as of the Valuation Date.

If the Contract Value, on the Valuation Date, exceeds the Return of Purchase Payment Death Benefit value under this Contract or any applicable rider as of the Annuitant's death, then there is no Death Benefit Adjustment.

If a Death Benefit Adjustment is applicable, the amount of the Death Benefit Adjustment will be added to the Contract Value.

The Death Benefit Adjustment Valuation Date is the earlier of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) The date We receive Due Proof of Death; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) Ninety (90) days after the Annuitant's death.

As of the end of the Valuation Period, the Contract Value will remain allocated in the Variable Portfolio and the Death Benefit Adjustment amount, if any, will be added to the to the account specified in the Contract Specifications. In order to do so, We will purchase units in the money market portfolio with the amount of the Death Benefit Adjustment, where it will remain until We receive different investment instructions from the Beneficiary.

**REPORTS**

We will send a report to the Owner at least once each Contract Year that shows the Death Benefit Base at the end of the current report period as long as this Rider is in effect.

---

| | | |
|:---|:---|:---|
| Form ICC25-VROP-1 | ***AuguStar Life Insurance Company*** | Page 1 |

---

**TERMINATION**

This rider will terminate upon the termination of the Contract, except in the case of Spousal Continuation.

**AUGUSTAR LIFE INSURANCE COMPANY**

 ****

![](fp0098597-1_01.jpg)

---

| | | |
|:---|:---|:---|
| Form ICC25-VROP-1 | ***AuguStar Life Insurance Company*** | Page 2 |

---

## Exhibit 99.27

**[StarStream Boost Option]**

**Guaranteed Lifetime Withdrawal Optional Benefit**

This Benefit is made part of the Contract to which it is attached.

If this Benefit is issued at the same time as the Contract, the Benefit Date is the same as the Contract Issue Date, shown in the Contract Specifications. If this Benefit is issued after the Contract Issue Date, the Benefit Date is the Contract Anniversary following the date it is added, shown in the Contract Specifications.

If You choose to return the Contract under the Right to Examine this Benefit will also be void.

To the extent any provisions contained in this Benefit are contrary to or inconsistent with those of the Contract to which it is attached, the provisions of this Benefit will control.

**The Protected Benefit Base cannot be withdrawn as a lump sum and is not payable as a Death Benefit.**

**This Benefit provides a Protected Lifetime Income benefit even if there is negative investment experience and/or the Protected Lifetime Withdrawals reduce the Contract Value to zero (0).**

**The Protected Lifetime Income will be provided even if the payment of the Benefit would reduce the Contract Value below the Minimum Contract Value required to keep the Contract in effect.**

**This Benefit provides differing Maximum Protected Annual Withdrawal (MPAW) Rates and Deferral Credit Rates, higher rates apply when the Contract Value is greater than zero (0) and the Contract is in the Protected Lifetime Withdrawal Period, and reduced rates apply once the Contract enters the Protected Lifetime Income Period.** 

**Excess Withdrawals and the Pre-Lifetime Withdrawal could reduce future benefits by more than the dollar amount being withdrawn.**

**There may be limitations on any Subsequent Purchase Payments.** 

**The purpose of the Guaranteed Lifetime Withdrawal Optional Benefit provided under this annuity Contract is to provide security through a stream of income payments to the Owner. This Benefit will terminate upon assignment or a change in Ownership of the Contract unless the new assignee or Owner meets the qualifications specified in the Termination provision of this Benefit.**

**BENEFIT DEFINITIONS**

The following definitions are added to the Contract, and all terms defined within the Contract that are used in this Benefit have the same definition as in the Contract. You may find further information on the below definitions in the Contract Specifications.

**Benefit Cancellation Window** - The period of time in which the benefit may be voluntarily cancelled.

**Benefit Date** - The date that this Benefit becomes effective.

**Benefit Date Anniversary** – A reoccurring date that occurs on the same date monthly, quarterly (a consecutive three (3) month period), or yearly from the Benefit Date.

**Benefit Year** - Beginning on the Benefit Date, each twelve (12) month period that this Benefit remains in-force.

---

| | | |
|:---|:---|:---|
| Form ICC25-GLWB-1 | **AuguStar Life Insurance Company** | Page 1 |

---

**Charge Freeze Period** - Beginning on the Benefit Date, the period in which We guarantee that the Optional Benefit Fee will not change.

**Covered Life(ves)** - The Covered Life is the Annuitant, who must also be an Owner. If You choose the joint Covered Lives benefit option, the Covered Lives are the Annuitant and their spouse on the Benefit Date. The spouse must be a named Joint Owner or the Primary Beneficiary.

**Deferral Credit Rate** - A percentage added to the Maximum Protected Annual Withdrawal (MPAW) Rate, if Withdrawals are deferred for the Deferral Credit Period(s).

**Deferral Credit Period** - The period(s) of time after which the Deferral Credit Rate will be applied if Withdrawals are deferred.

**Excess Withdrawal** - Any Withdrawal that is taken in a Benefit Year after the Protected Lifetime Withdrawal Period has commenced and exceeds the greater of the Maximum Protected Annual Withdrawal (MPAW) or the Required Minimum Distribution (RMD) amount calculated by the Company. An Excess Withdrawal will cause the Protected Benefit Base and the Maximum Protected Annual Withdrawal (MPAW) to be recalculated.

**Maximum Annual Optional Benefit Fee Adjustment** - The maximum rate the Optional Benefit Fee may be adjusted by in any Benefit Year, after the Charge Freeze Period.

**Maximum Optional Benefit Fee** – The maximum rate that the Optional Benefit Fee may be increased to, after the Charge Freeze Period.

**Maximum Protected Annual Withdrawal (MPAW) Rate** - The percentage used to calculate the MPAW amount; it is an age-based percentage that is locked in at the commencement of the Protected Lifetime Withdrawal Period.

**Maximum Protected Annual Withdrawal (MPAW)** - The maximum amount that may be withdrawn each Benefit Year after beginning Protected Lifetime Withdrawals or Protected Lifetime Income.

**Optional Benefit Fee** -The fee assessed for providing this Benefit.

**Optional Benefit Maximum** - The total Guaranteed Lifetime Withdrawal Optional Benefit amount that cannot be exceeded for a Covered Life. This limit applies in aggregate across all contracts with a Guaranteed Lifetime Withdrawal Optional Benefit with Us for any Covered Life.

**Pre-Lifetime Withdrawal** - A one-time only Withdrawal election to have the Withdrawal not treated as a Protected Lifetime Withdrawal. This must be taken prior to the Protected Lifetime Withdrawal Period.

**Protected Benefit Base** - The value used to determine the Maximum Protected Annual Withdrawal (MPAW) amount and the Optional Benefit Fee. The Protected Benefit Base is not available for Withdrawal, as a death benefit, or for any application to any Annuity Option.

**Protected Fixed Account** – A Fixed Account available only with this or other Optional Benefit(s), in which You are required to allocate to, and which earns a fixed rate of return. (Fixed Accounts are obligations of the General Account.)

**Protected Lifetime Income Amount** - The guaranteed annual income amount that becomes payable during the Protected Lifetime Income Period.

**Protected Lifetime Income Period** - The period beginning at the earlier of the date the Contract Value is reduced to zero (0) not due to Excess Withdrawals or the Latest Annuity Payout Date during which Protected Lifetime Income payments are paid.

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|:---|:---|:---|
| Form ICC25-GLWB-1 | **AuguStar Life Insurance Company** | Page 2 |

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**Protected Lifetime Withdrawal** - This is the Withdrawal amount that is the greater of the MPAW or Required Minimum Distributions (RMD) taken that is not considered an Excess Withdrawal or the Pre-Lifetime Withdrawal.

**Protected Lifetime Withdrawal Period** - Begins when the first Protected Lifetime Withdrawal is taken and continues until the Benefit is terminated or enters the Protected Lifetime Income Period.

**Roll-up Calculation Base** - The initial Protected Benefit Base plus any Subsequent Purchase Payments and adjusted proportionally for the Pre-Lifetime Withdrawal or any Excess Withdrawals.

**Roll-up Period** - Beginning on the Benefit Date, the maximum period of time that the Roll-Up Rate will apply.

**Roll-up Rate** - The simple interest rate used to calculate the Roll-Up during the Roll-Up Period provided no Withdrawals (except the Pre-Lifetime Withdrawal) have occurred during the twelve (12) month period that follows the prior yearly Benefit Date Anniversary.

**PROVISIONS**

**OPTIONAL BENEFIT FEE**

The initial Optional Benefit Fee is in effect on the Benefit Date. The Optional Benefit Fee is calculated by multiplying the Optional Benefit Fee rate by the Protected Benefit Base as of the end of each quarterly Benefit Date Anniversary. The Optional Benefit Fee rate is an annualized rate that will be assessed and deducted on a quarterly basis. The fee will be deducted proportionally from any elected Variable Portfolios and the Protected Fixed Account. A prorated charge for any partially completed Benefit Year may also be deducted upon Full Withdrawal, death of the Annuitant, termination of this Benefit, or when Protected Lifetime Income payments begin.

After the Charge Freeze Period, We may change the Optional Benefit Fee on any Anniversary, by the Maximum Annual Optional Benefit Fee Adjustment but will not exceed the Maximum Optional Benefit Fee. You will be notified if the Optional Benefit Fee changes and may opt out of the fee increase by notifying Us In Writing within thirty (30) days of the yearly Benefit Date Anniversary. If You choose to opt out of the fee increase, any future benefit feature increases (such as Roll-ups, Step-ups, and Deferral Credit Rates) will be forfeited. If this Benefit is terminated, this fee will no longer be charged.

**PROTECTED BENEFIT BASE**

The initial Protected Benefit Base is equal to the Purchase Payment(s) on the Benefit Date. After the first (1st) Benefit Year and each yearly Benefit Date Anniversary, the Protected Benefit Base will be reset to the greater of the Step-Up Base or the Roll-Up Base, subject to the Optional Benefit Maximum shown in the Contract Specifications.

The purpose of the Protected Benefit Base is for calculating the Protected Lifetime Withdrawals, the Protected Lifetime Income, and the Optional Benefit Fee; it does not provide any Contract Value or guaranteed performance of any Variable Portfolio. The Protected Benefit Base will increase by the dollar amount of any Subsequent Purchase Payments. The Protected Benefit Base will decrease in the same proportion the Contract Value is decreased for any Excess Withdrawals and the Pre-Lifetime Withdrawal. Once Protected Lifetime Income begins, there will be no further increases to the Protected Benefit Base and no access to Contract Value for Withdrawals. At any point in time, the Protected Benefit Base is the maximum of the Roll-Up Base and the Step-Up Base as described below.

**ROLL-UP BASE**

The initial Roll-Up Base is equal to the initial Protected Benefit Base.

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|:---|:---|:---|
| Form ICC25-GLWB-1 | **AuguStar Life Insurance Company** | Page 3 |

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The Roll-Up Base will increase dollar for dollar for any Purchase Payments and will be reduced proportionally for any Pre-Lifetime Withdrawal or Excess Withdrawals.

The Roll-Up Base is recalculated on each subsequent yearly Benefit Date Anniversary to be the sum of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) the previous Roll-Up Base; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) the simple interest calculated as the Roll-Up Rate multiplied by the Roll-Up Calculation Base.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Simple interest on any Subsequent Purchase Payments made during the Roll-Up Period is calculated using a prorated method based upon
the number of days from the date of the Subsequent Purchase Payment to the next yearly Benefit Date Anniversary.

A Roll-Up will occur if the following conditions are satisfied:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) The Benefit is within the Roll-Up Period;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) The Roll-Up Base is greater than zero (0);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) The Benefit has not entered into the Protected Lifetime Income Period; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4) No Withdrawal, other than a Pre-Lifetime Withdrawal was taken in the Benefit Year.

**STEP-UP BASE**

The initial Step-Up Base is equal to the initial Protected Benefit Base. The Step-Up Base will increase by the dollar amount for any Purchase Payments and will be reduced proportionally for any Pre-Lifetime Withdrawal or Excess Withdrawals.

The Step-Up Base is recalculated on each subsequent yearly Benefit Date Anniversary as the maximum of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) the previous Step-Up Base; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) the Contract Value minus applicable fees or taxes

**WITHDRAWALS**

**Maximum Protected Annual Withdrawal (MPAW)**

The Maximum Protected Annual Withdrawal (MPAW) Rate is based on the Age of the Covered Life at the first (1st) Withdrawal. If there are joint Covered Lives the rate is based on the Younger Covered Life at the first (1st) Withdrawal.

One MPAW Rate is applicable during the Protected Lifetime Withdrawal Period and a reduced MPAW Rate is applicable during the Protected Lifetime Income Period. These rates are identified in the table in the Contract Specifications.

If the Contract enters the Protected Lifetime Income Period during the Benefit Year, the MPAW Rate applied during the Protected Lifetime Withdrawal Period will be applicable until the next yearly Benefit Date Anniversary.

The initial Maximum Protected Annual Withdrawal (MPAW) amount is [(a+b) x c] where a, b, and c are the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) The applicable Maximum Protected Annual Withdrawal (MPAW) Rate;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) The Deferral Credit Rate, if applicable; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) The Protected Benefit Base on the day of the first (1st) Protected Lifetime Withdrawal.

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|:---|:---|:---|
| Form ICC25-GLWB-1 | **AuguStar Life Insurance Company** | Page 4 |

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On any subsequent yearly Benefit Date Anniversary, the Maximum Protected Annual Withdrawal (MPAW) amount will be recalculated if the Protected Benefit Base is increased or decreased from the prior Benefit Date Anniversary.

Any Withdrawal taken after the one (1) Pre-Lifetime Withdrawal will initiate the Protected Lifetime Withdrawal Period and the following will occur:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) Stop the Roll-Up in years which a Withdrawal is taken;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) Stop any future Deferral Credit Rate increases; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) Set the Maximum Protected Annual Withdrawal (MPAW) rate based on the Covered Life's Age.

Once the Protected Lifetime Withdrawal Period has started, the Pre-Lifetime Withdrawal is no longer available to be taken and will be considered waived.

Any Maximum Protected Annual Withdrawal (MPAW) amount not withdrawn in a Benefit Year cannot be carried forward to future Benefit Years. Except when the Contract Value is reduced to zero (0) due to Excess Withdrawals, the Protected Lifetime Income payments will begin when the Contract Value is zero (0).

**Excess Withdrawals**

Excess Withdrawals could reduce future benefits by more than the dollar amount of the Excess Withdrawals and may be subject to Withdrawal Charges.

A Withdrawal is considered an Excess Withdrawal if it is made during the Protected Lifetime Withdrawal Period and the total Withdrawals for the Benefit Year exceeds the MPAW or RMD (where applicable); however, only the excess of total Withdrawals for the Benefit Year over the MPAW or RMD will be considered excess.

Any Excess Withdrawals taken will decrease the Roll-Up Base, Roll-Up Calculation Base, Step-Up Base and the Protected Benefit Base by a percentage reduction equal to (a) / (b) where:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) is the amount of the Excess Withdrawal; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) is the Contract Value immediately prior to the Excess Withdrawal.

**Pre-Lifetime Withdrawal**

We permit a one-time only Pre-Lifetime Withdrawal without terminating the Roll-Up or Deferral Credit Rate increases, and without starting the Protected Lifetime Withdrawal Period. This Withdrawal will reduce the Protected Benefit Base, Step-Up Base, Roll-Up Base, and the Roll-Up Calculation Base by a percentage reduction equal to (a) / (b) where:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) is the amount of the Pre-Lifetime Withdrawal; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) is the Contract Value immediately prior to the Pre-Lifetime Withdrawal.

**DEFERRAL CREDIT RATE**

A Deferral Credit Rate is added to the Maximum Protected Annual Withdrawal (MPAW) Rate if Withdrawals (other than the Pre-Lifetime Withdrawal) are deferred for the Deferral Credit Period(s). The Deferral Credit Rate is only applicable to Protected Benefit Base values attributable to Purchase Payments made in the first (1st) Benefit Year. If Purchase Payments are made after the first Benefit Year, the Deferral Credit Rate will not apply to Protected Benefit Base values attributable to Subsequent Purchase Payments. If the Contract enters the Protected Lifetime Income Period during the Benefit Year, the Deferral Credit Rate applied during the Protected Lifetime Withdrawal Period will be applicable until the next yearly Benefit Date Anniversary.

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|:---|:---|:---|
| Form ICC25-GLWB-1 | **AuguStar Life Insurance Company** | Page 5 |

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During the Protected Lifetime Withdrawal Period the applicable Deferral Credit Rate is added to the MPAW Rate. During the Protected Lifetime Income Period the applicable reduced Deferral Credit Rate is added to the reduced MPAW rate. These rates are identified in the table shown in the Contract Specifications.

**REQUIRED MINIMUM DISTRIBUTIONS (RMD)**

This provision only applies if the Contract is a Qualified Contract and is subject to minimum distribution requirements under the Required Minimum Distribution (RMD) Regulations under the Tax Code. You will receive RMD treatment if:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) the Contract is a Qualified Contract;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) it is subject to the minimum distribution requirements under the RMD Regulations under the IRC;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) it is the calendar year following the year in which You reach the required beginning Age as defined by the
IRC;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4) you provide Us with the prior year's December thirty-first (31st) Contract Value if your Purchase Payments
are funds from another contract;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5) the Protected Lifetime Withdrawal Period has started; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6) the amount of the Withdrawal that receives RMD treatment is calculated by Us.

If You die during a Benefit Year for which You are eligible for RMD treatment and Your spouse elects to continue the Contract and this Benefit pursuant to the Spousal Continuation provision, We will allow RMD treatment to continue based upon Your RMD until the end of the calendar year of Your death.

A Withdrawal in any Benefit Year after You are eligible for RMD treatment will not be an Excess Withdrawal if that Withdrawal does not cause the total Withdrawals to exceed either (a) or (b) where:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) is the remaining MPAW from January first (1st) through the yearly Benefit Date Anniversary; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) is the greater of the MPAW and the RMD, from the yearly Benefit Date Anniversary through December thirty-first (31st).

On or before January twenty-fifth (25th) of any calendar year once You have qualified for RMD treatment as described above, You may elect monthly RMD treatment by providing notice to Us In Writing on or before January twenty-fifth (25th) of that calendar year. Once monthly RMD treatment is elected, any Withdrawal will be deemed an Excess Withdrawal if the amount withdrawn in any month exceeds the greater of one-twelfth (1/12th) of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) Your MPAW; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) Your RMD for each calendar year starting with the calendar year in which You elect the monthly treatment.

Once You elect monthly RMD treatment, You cannot revoke it. In each calendar year after You elect monthly RMD treatment, You must take Your monthly Withdrawal on the same day each month. The day You select for Your monthly Withdrawals must be on or before the twenty-fifth (25th) day of each month. If the day You have selected to receive monthly payments is not a Business Day, We will make the payment on the next Business Day. You may, by notice to Us In Writing, elect not to make one or more monthly Withdrawals after You elect monthly RMD treatment. If You do not take a Withdrawal in a month, You may not take that Withdrawal in any other month. If You do so, that Withdrawal will be considered an Excess Withdrawal.

If Your spouse continues the Contract and this benefit under the permitted Spousal Continuation provision, such spouse will receive RMD treatment if he or she meets the criteria set forth in this provision to qualify for RMD treatment.

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| Form ICC25-GLWB-1 | **AuguStar Life Insurance Company** | Page 6 |

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If You elected monthly RMD treatment, and the surviving spouse qualifies for RMD treatment, the surviving spouse will automatically continue such monthly RMD treatment unless he or she elects to rescind monthly RMD treatment by notice to Us within thirty (30) calendar days of the later of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) the exercise of the permitted Spousal Continuation; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) the end of the calendar year in which You died.

In that event, whether any Withdrawals will be deemed Excess Withdrawals will be based solely on the factors set forth in the third (3rd) paragraph of this provision. If the surviving spouse does not qualify for RMD treatment, the determination of whether a Withdrawal is an Excess Withdrawal is based on the MPAW until such time as he or she qualifies for RMD treatment, based on their RMD in the next calendar year. If such surviving spouse was not eligible for RMD treatment, or elected to rescind monthly RMD treatment, he or she will be eligible to elect monthly RMD treatment in the future, should he or she wish to do so, by notice to Us. Except as noted above, for the remainder of the calendar year of Your death, the total amount of Withdrawals which qualify for RMD treatment upon the permitted Spousal Continuation is based on the RMD for the deceased spouse.

We reserve the right to modify or eliminate the RMD treatment for Withdrawals if there is any change to the IRC relating to RMDs. If We exercise this right to modify or eliminate the RMD treatment for Withdrawals then any distribution in excess of Your revised RMD, if any, or MPAW will be an Excess Withdrawal.

We will provide You prior Written notice of any change in the RMD treatment for Withdrawals, when practicable.

If You have purchased a benefit that provides RMD treatment, a Withdrawal will be exempted from Withdrawal Charges if applicable, if it meets the necessary criteria under the terms of the benefit or under this provision. However, this Contract provision has no bearing on the effects to this benefit and any such Withdrawal.

**Protected Lifetime Income Period**

This Benefit will enter the Protected Lifetime Income Period, provided that the Protected Benefit Base is greater than zero (0), on the earlier of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) the Benefit Date Anniversary immediately following the Annuitant's birthday for the Latest Annuity Payout Date; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) the date that the Contract Value is reduced to zero (0) (other than by an Excess Withdrawal).

When this Benefit enters the Protected Lifetime Income Period, You will immediately receive a payment equal to the excess, if any, of the then current MPAW over the total Withdrawals already taken during the Benefit Year. However, if You are making Systematic Withdrawals, the payments will continue until the MPAW for the Benefit Year has been reached. If the Systematic Withdrawals as scheduled will not exhaust the MPAW for the Benefit Year, You will immediately receive a payment equal to the excess of the then current MPAW over the total of Withdrawals already taken during the Benefit Year and those scheduled to continue for the remainder of the Benefit Year. Thereafter, You will begin receiving the Protected Lifetime Income on the first (1st) day of the month following the yearly Benefit Date Anniversary of the Protected Lifetime Income Period payable until the Annuitant's death or the death of the last covered life for joint Covered Lives, if applicable. Each monthly payment will equal one-twelfth (1/12th) of the then current MPAW.

Once this Benefit has entered the Protected Lifetime Income Period, the terms of the Contract will be adjusted as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) the Contract will provide only the benefits provided within and You will not be able to make any Withdrawals other than payments under
the Protected Lifetime Withdrawal; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) all other benefits attached to the Contract will terminate unless otherwise stated in any such benefit.

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| Form ICC25-GLWB-1 | **AuguStar Life Insurance Company** | Page 7 |

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Upon the Latest Annuity Payout Date you may elect to receive either an Annuity Payment Option available in your contract, or the reduced MPAW Rate for the remainder of the Annuitant's Life, if the Lifetime Withdrawal Period has begun. If the Lifetime Withdrawal Period has not been entered into and the continuation of the MPAW has been elected the MPAW Rate will be set based on the Annuitant's Age at that time of election.

**PROTECTED FIXED ACCOUNT VALUE**

On the Benefit Date, a Protected Fixed Account will be made available, and this Benefit will have investment allocation requirements of Purchase Payment amounts into this Fixed Account. On any date after the Benefit Date, the Protected Fixed Account Value is equal to:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) The sum of all Purchase Payments paid and allocated to the Protected Fixed Account;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) Plus, any transfers from a Variable Portfolio to the Protected Fixed Account;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) Plus, any interest credited;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4) Minus any Withdrawals and Optional Benefit Fee.

Each Purchase Payment will receive an initial fixed interest rate which will apply for an interest rate guarantee period. After the first (1st) Benefit Year the interest rate may be changed annually but will never be lower than the Guaranteed Minimum Interest Rate of the Fixed Account rider.

**INVESTMENT ALLOCATION AND TRANSFER RESTRICTIONS**

Requirements on Purchase Payment(s) to investment allocations among Variable Portfolio options and the Protected Fixed Account will be in effect on the Benefit Date in conjunction with this Benefit.

We also reserve the right to restrict allocations to Variable Portfolio options in which the Owner is already invested after the election of this Benefit. We may substitute Variable Portfolio options available to the Owner in the event any previous Variable Portfolio option(s) are no longer available to the Separate Account available, or Our management determines that any previous option(s) are no longer appropriate for the purposes of the Contract or this Benefit. The Owner will be notified In Writing of any changes to the Variable Portfolio options.

**REPORT**

Prior to the Protected Lifetime Withdrawal Period, we will provide you with a report at least once each Contract Year that includes the initial Protected Benefit Base and the MPAW amount for the earliest Protected Lifetime Withdrawal Period.

After the Protected Lifetime Withdrawal Period has begun the annual report will include the MPAW amount.

**DEATH OF A COVERED LIFE**

Upon the death of the last Covered Life during the Protected Lifetime Income Period the Benefit will terminate without value.

**CANCELLATION**

This Benefit can be cancelled by providing Written notice to Us within the Benefit Cancellation Window. Once the Benefit is cancelled no additional charges will be assessed, and the Benefit cannot be reinstated.

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| Form ICC25-GLWB-1 | **AuguStar Life Insurance Company** | Page 8 |

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**SPOUSAL CONTINUATION**

If the Spousal Continuation rider is exercised and the conditions of the rider are met it may be possible to continue the Guaranteed Lifetime Withdrawal Benefit. Spousal Continuation of a single Covered Life would continue the Contract and this Optional Benefit would terminate. Spousal Continuation of a joint Covered Life would continue the Contract and this Optional Benefit. Any continuance of this Optional Benefit may impact the MPAW rate if death occurs before entering the Protected Lifetime Withdrawal Period. Please reference the Spousal Continuation rider for further details regarding the impact of Spousal Continuation on the values of this Optional Benefit.

**TERMINATION**

This Benefit ends upon the earliest of the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) the date the Contract is terminated in accordance with its terms, unless otherwise provided in this Benefit;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) a full Withdrawal of the Contract Value;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) if an Excess Withdrawal or Pre-Lifetime Withdrawal reduces the Protected Benefit Base to zero (0);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4) receipt of Due Proof of death of the last Covered Life;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5) the effective date of Your request to cancel this Benefit within the Benefit Cancellation Window;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6) Annuitization of the Contract (other than entering the Protected Lifetime Income Period); or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7) if the Owner is changed or the Contract is assigned, this benefit will terminate, except in the following circumstances:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the new Owner or assignee assumes full ownership of the Contract and is essentially the same person (e.g. an individual ownership
changed to a personal revocable trust, a change to the Contract Owner's spouse during the Contract Owner's lifetime, a change
to a court appointed guardian representing the Contract Owner during the Contract Owner's lifetime, etc.);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) ownership of an IRA or Roth IRA is being changed from one custodian to another, from the Covered Life to a custodian, or from a custodian
to the Covered Life;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) the assignment is for the purpose of effectuating a 1035 exchange of the Contract (i.e., the benefit may continue during the temporary
assignment period and not terminate until the Contract is fully withdrawn); or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) the new Owner is the Annuitant's spouse in a permitted Spousal Continuation rider;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) If: (i) the surviving spouse is the sole Beneficiary of the Contract; (ii) We received proof of death but did not receive Written
notice of Spousal Continuation at the same time; and (iii) the only reason for the termination of this Benefit is the death of the Annuitant,
We will reinstate the Benefit if We receive Written notice to exercise a permitted Spousal Continuation rider on or before the Maximum
Spousal Continuation Election Date as shown in the Contract Specification.

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|:---|:---|:---|
| Form ICC25-GLWB-1 | **AuguStar Life Insurance Company** | Page 9 |

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If this Benefit terminates for any reason, the additional charge will also terminate. This Benefit may not be reinstated after termination.

**AUGUSTAR LIFE INSURANCE COMPANY**

 ****

![](fp0098597-1_d02.jpg)

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|:---|:---|:---|
| Form ICC25-GLWB-1 | **AuguStar Life Insurance Company** | Page 10 |

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## Exhibit 99.27

**[StarStream Daily Option]**

**Guaranteed Lifetime Withdrawal Optional Benefit**

This Benefit is made part of the Contract to which it is attached.

If this Benefit is issued at the same time as the Contract, the Benefit Date is the same as the Contract Issue Date, shown in the Contract Specifications. If this Benefit is issued after the Contract Issue Date, the Benefit Date is the Contract Anniversary following the date it is added, shown in the Contract Specifications.

If You choose to return the Contract under the Right to Examine this Benefit will also be void.

To the extent any provisions contained in this Benefit are contrary to or inconsistent with those of the Contract to which it is attached, the provisions of this Benefit will control.

**The Protected Benefit Base cannot be withdrawn as a lump sum and is not payable as a Death Benefit.**

**This Benefit provides a Protected Lifetime Income benefit even if there is negative investment experience and/or the Protected Lifetime Withdrawals reduce the Contract Value to zero (0).**

**The Protected Lifetime Income will be provided even if the payment of the Benefit would reduce the Contract Value below the Minimum Contract Value required to keep the Contract in effect.**

**This Benefit provides a Step-Up Base that is recalculated quarterly based on the highest daily Contract Value during the previous quarter.** 

**Excess Withdrawals and the Pre-Lifetime Withdrawal could reduce future benefits by more than the dollar amount being withdrawn.**

**There may be limitations on any Subsequent Purchase Payments.** 

**The purpose of the Guaranteed Lifetime Withdrawal Optional Benefit provided under this annuity Contract is to provide security through a stream of income payments to the Owner. This Benefit will terminate upon assignment or a change in Ownership of the Contract unless the new assignee or Owner meets the qualifications specified in the Termination provision of this Benefit.** 

**BENEFIT DEFINITIONS**

The following definitions are added to the Contract, and all terms defined within the Contract that are used in this Benefit have the same definition as in the Contract. You may find further information on the below definitions in the Contract Specifications.

**Benefit Cancellation Window** - The period of time in which the benefit may be voluntarily cancelled.

**Benefit Date** - The date that this Benefit becomes effective.

**Benefit Date Anniversary** – A reoccurring date that occurs on the same date monthly, quarterly (a consecutive three (3) month period), or yearly from the Benefit Date.

**Benefit Year** - Beginning on the Benefit Date, each twelve (12) month period that this Benefit remains in-force.

**Charge Freeze Period** - Beginning on the Benefit Date, the period in which We guarantee that the Optional Benefit Fee will not change.

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|:---|:---|:---|
| Form ICC25-GLWD-1 | **AuguStar Life Insurance Company** | Page 1 |

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**Covered Life(ves)** - The Covered Life is the Annuitant, who must also be an Owner. If You choose the joint Covered Lives benefit option, the Covered Lives are the Annuitant and their spouse on the Benefit Date. The spouse must be a named Joint Owner or the Primary Beneficiary.

**Deferral Credit Rate** - A percentage added to the Maximum Protected Annual Withdrawal (MPAW) Rate, if Withdrawals are deferred for the Deferral Credit Period(s).

**Deferral Credit Period** - The period(s) of time after which the Deferral Credit Rate will be applied if Withdrawals are deferred.

**Excess Withdrawal** - Any Withdrawal that is taken in a Benefit Year after the Protected Lifetime Withdrawal Period has commenced and exceeds the greater of the Maximum Protected Annual Withdrawal (MPAW) or the Required Minimum Distribution (RMD) amount calculated by the Company. An Excess Withdrawal will cause the Protected Benefit Base and the Maximum Protected Annual Withdrawal (MPAW) to be recalculated.

**Maximum Annual Optional Benefit Fee Adjustment** - The maximum rate the Optional Benefit Fee may be adjusted by in any Benefit Year, after the Charge Freeze Period.

**Maximum Protected Annual Withdrawal (MPAW) Rate** - The percentage used to calculate the MPAW amount; it is an age-based percentage that is locked in at the commencement of the Protected Lifetime Withdrawal Period.

**Maximum Protected Annual Withdrawal (MPAW)** - The maximum amount that may be withdrawn each Benefit Year after beginning Protected Lifetime Withdrawals or Protected Lifetime Income.

**Maximum Optional Benefit Fee** – The maximum rate that the Optional Benefit Fee may be increased to, after the Charge Freeze Period.

**Optional Benefit Fee** - The fee assessed for providing this Benefit.

**Optional Benefit Maximum** - The total Guaranteed Lifetime Withdrawal Optional Benefit amount that cannot be exceeded for a Covered Life. This limit applies in aggregate across all contracts with a Guaranteed Lifetime Withdrawal Optional Benefit with Us for any Covered Life.

**Pre-Lifetime Withdrawal** - A one-time only Withdrawal election to have the Withdrawal not treated as a Protected Lifetime Withdrawal. This must be taken prior to the Protected Lifetime Withdrawal Period.

**Protected Benefit Base** - The value used to determine the Maximum Protected Annual Withdrawal (MPAW) amount and the Optional Benefit Fee. The Protected Benefit Base is not available for Withdrawal, as a death benefit, or for any application to any Annuity Option.

**Protected Fixed Account** – A Fixed Account available only with this or other Optional Benefit(s), in which You are required to allocate to, and which earns a fixed rate of return. (Fixed Accounts are obligations of the General Account.)

**Protected Lifetime Income Amount** - The guaranteed annual income amount that becomes payable during the Protected Lifetime Income Period.

**Protected Lifetime Income Period** - The period beginning at the earlier of the date the Contract Value is reduced to zero (0) not due to Excess Withdrawals or the Latest Annuity Payout Date during which Protected Lifetime Income payments are paid.

**Protected Lifetime Withdrawal** - This is the Withdrawal amount that is the greater of the MPAW or Required Minimum Distributions (RMD) taken that is not considered an Excess Withdrawal or the Pre-Lifetime Withdrawal.

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|:---|:---|:---|
| Form ICC25-GLWD-1 | **AuguStar Life Insurance Company** | Page 2 |

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**Protected Lifetime Withdrawal Period** - Begins when the first Protected Lifetime Withdrawal is taken and continues until the Benefit is terminated or enters the Protected Lifetime Income Period.

**Roll-up Calculation Base** - The initial Protected Benefit Base plus any Subsequent Purchase Payments and adjusted proportionally for the Pre-Lifetime Withdrawal or any Excess Withdrawals.

**Roll-up Period** - Beginning on the Benefit Date, the maximum period of time that the Roll-Up Rate will apply.

**Roll-up Rate** - The simple interest rate used to calculate the Roll-Up during the Roll-Up Period provided no Withdrawals (except the Pre-Lifetime Withdrawal) have occurred during the twelve (12)month period that follows the prior yearly Benefit Date Anniversary.

**Step-Up Frequency** – The period of time from one Step-Up Base calculation to the next Step-Up Base calculation.

**PROVISIONS**

**OPTIONAL BENEFIT FEE**

The initial Optional Benefit Fee is in effect on the Benefit Date. The Optional Benefit Fee is calculated by multiplying the Optional Benefit Fee rate by the Protected Benefit Base as of the end of each quarterly Benefit Date Anniversary. The Optional Benefit Fee rate is an annualized rate that will be assessed and deducted on a quarterly basis. The fee will be deducted proportionally from any elected Variable Portfolios and the Protected Fixed Account. A prorated charge for any partially completed Benefit Year may also be deducted upon Full Withdrawal, death of the Annuitant, termination of this Benefit, or when Protected Lifetime Income payments begin.

After the Charge Freeze Period, We may change the Optional Benefit Fee on any Anniversary, by the Maximum Annual Optional Benefit Fee Adjustment but will not exceed the Maximum Optional Benefit Fee. You will be notified if the Optional Benefit Fee changes and may opt out of the fee increase by notifying Us In Writing within thirty (30) days of the yearly Benefit Date Anniversary. If You choose to opt out of the fee increase, any future benefit feature increases (such as Roll-ups, Step-ups, and Deferral Credit Rates) will be forfeited. If this Benefit is terminated, this fee will no longer be charged.

**PROTECTED BENEFIT BASE**

The initial Protected Benefit Base is equal to the Purchase Payment(s) on the Benefit Date. Each quarterly Benefit Date Anniversary, the Protected Benefit Base will be reset to the greater of the Step-Up Base or the Roll-Up Base, subject to the Optional Benefit Maximum shown in the Contract Specifications.

The purpose of the Protected Benefit Base is for calculating the Protected Lifetime Withdrawals, the Protected Lifetime Income, and the Optional Benefit Fee; it does not provide any Contract Value or guaranteed performance of any Variable Portfolio. The Protected Benefit Base will increase by the dollar amount of any Subsequent Purchase Payments. The Protected Benefit Base will decrease in the same proportion the Contract Value is decreased for any Excess Withdrawals and the Pre-Lifetime Withdrawal. Once Protected Lifetime Income begins, there will be no further increases to the Protected Benefit Base and no access to Contract Value for Withdrawals. At any point in time, the Protected Benefit Base is the maximum of the Roll-Up Base and the Step-Up Base as described below.

**ROLL-UP BASE**

The initial Roll-Up Base is equal to the initial Protected Benefit Base. The Roll-Up Base will increase dollar for dollar for any Purchase Payments and will be reduced proportionally for any Pre-Lifetime Withdrawal or Excess Withdrawals.

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|:---|:---|:---|
| Form ICC25-GLWD-1 | **AuguStar Life Insurance Company** | Page 3 |

---

The Roll-Up Base is recalculated on each subsequent yearly Benefit Date Anniversary to be the sum of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) the previous Roll-Up Base; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) the simple interest calculated as the Roll-Up Rate multiplied by the Roll-Up Calculation Base.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Simple interest on any Subsequent Purchase Payments made during the Roll-Up Period is calculated using a prorated method based upon
the number of days from the date of the Subsequent Purchase Payment to the next yearly Benefit Date Anniversary.

A Roll-Up will occur if the following conditions are satisfied:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) The Benefit is within the Roll-Up Period;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) The Roll-Up Base is greater than zero (0);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) The Benefit has not entered into the Protected Lifetime Income Period;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4) No Withdrawal, other than a Pre-Lifetime Withdrawal was then in the Benefit Year.

**STEP-UP BASE**

The initial Step-Up Base is equal to the initial Protected Benefit Base. The Step-Up Base will increase by the dollar amount for any Purchase Payments and will be reduced proportionally for any Pre-Lifetime Withdrawal or Excess Withdrawals.

The Step-Up Base is recalculated based on the Step-Up Frequency as the maximum of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) the previous Step-Up Base; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) the highest Contract Value since the previous Step-Up Base calculation minus applicable fees or taxes.

**WITHDRAWALS**

**Maximum Protected Annual Withdrawal (MPAW)**

The Maximum Protected Annual Withdrawal (MPAW) Rate is based on the Age of the Covered Life at the first (1st) Withdrawal. If there are joint Covered Lives the rate is based on the Younger Covered Life at the first (1st) Withdrawal.

The initial Maximum Protected Annual Withdrawal (MPAW) amount is [(a+b) x c] where a, b, and c are the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) The applicable Maximum Protected Annual Withdrawal (MPAW) Rate;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) The Deferral Credit Rate, if applicable; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) The Protected Benefit Base on the day of the first (1st) Protected Lifetime Withdrawal.

On any subsequent yearly Benefit Date Anniversary, the Maximum Protected Annual Withdrawal (MPAW) amount will be recalculated if the Protected Benefit Base is increased or decreased from the prior Benefit Date Anniversary.

Any Withdrawal taken after the one (1) Pre-Lifetime Withdrawal will initiate the Protected Lifetime Withdrawal Period and the following will occur:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) Stop the Roll-Up in years which a Withdrawal is taken;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) Stop any future Deferral Credit Rate increases; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) Set the Maximum Protected Annual Withdrawal (MPAW) rate based on the Covered Life's Age.

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|:---|:---|:---|
| Form ICC25-GLWD-1 | **AuguStar Life Insurance Company** | Page 4 |

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Once the Protected Lifetime Withdrawal Period has started, the Pre-Lifetime Withdrawal is no longer available to be taken and will be considered waived.

Any Maximum Protected Annual Withdrawal (MPAW) amount not withdrawn in a Benefit Year cannot be carried forward to future Benefit Years. Except when the Contract Value is reduced to zero (0) due to Excess Withdrawals, the Protected Lifetime Income payments will begin when the Contract Value is zero (0).

**Excess Withdrawals**

Excess Withdrawals could reduce future benefits by more than the dollar amount of the Excess Withdrawals and may be subject to Withdrawal Charges.

A Withdrawal is considered an Excess Withdrawal if it is made during the Protected Lifetime Withdrawal Period and the total Withdrawals for the Benefit Year exceeds the MPAW or RMD (where applicable); however, only the excess of total Withdrawals for the Benefit Year over the MPAW or RMD will be considered excess.

Any Excess Withdrawals taken will decrease the Roll-Up Base, Roll-Up Calculation Base, Step-Up Base and the Protected Benefit Base by a percentage reduction equal to (a) / (b) where:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) is the amount of the Excess Withdrawal; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) is the Contract Value immediately prior to the Excess Withdrawal.

**Pre-Lifetime Withdrawal**

We permit a one-time only Pre-Lifetime Withdrawal without terminating the Roll-Up or Deferral Credit Rate increases, and without starting the Protected Lifetime Withdrawal Period. This Withdrawal will reduce the Protected Benefit Base, Step-Up Base, Roll-Up Base, and the Roll-Up Calculation Base by a percentage reduction equal to (a) / (b) where:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) is the amount of the Pre-Lifetime Withdrawal; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) is the Contract Value immediately prior to the Pre-Lifetime Withdrawal.

**DEFERRAL CREDIT RATE**

A Deferral Credit Rate is added to the Maximum Protected Annual Withdrawal (MPAW) Rate if Withdrawals (other than the Pre-Lifetime Withdrawal) are deferred for the Deferral Credit Period(s). The Deferral Credit Rate is only applicable to Protected Benefit Base values attributable to Purchase Payments made in the first (1st) Benefit Year. If Purchase Payments are made after the first Benefit Year, the Deferral Credit Rate will not apply to Protected Benefit Base values attributable to Subsequent Purchase Payments.

**REQUIRED MINIMUM DISTRIBUTIONS (RMD)**

This provision only applies if the Contract is a Qualified Contract and is subject to minimum distribution requirements under the Required Minimum Distribution (RMD) Regulations under the Tax Code. You will receive RMD treatment if:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) the Contract is a Qualified Contract;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) it is subject to the minimum distribution requirements under the RMD Regulations under the IRC;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) it is the calendar year following the year in which You reach the required beginning Age as defined by the
IRC;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4) you provide Us with the prior year's December thirty-first (31st) Contract Value if your Purchase Payments
are funds from another contract;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5) the Protected Lifetime Withdrawal Period has started; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6) the amount of the Withdrawal that receives RMD treatment is calculated by Us.

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|:---|:---|:---|
| Form ICC25-GLWD-1 | **AuguStar Life Insurance Company** | Page 5 |

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If You die during a Benefit Year for which You are eligible for RMD treatment and Your spouse elects to continue the Contract and this Benefit pursuant to the Spousal Continuation provision, We will allow RMD treatment to continue based upon Your RMD until the end of the calendar year of Your death.

A Withdrawal in any Benefit Year after You are eligible for RMD treatment will not be an Excess Withdrawal if that Withdrawal does not cause the total Withdrawals to exceed either (a) or (b) where:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) is the remaining MPAW from January first (1st) through the yearly Benefit Date Anniversary; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) is the greater of the MPAW and the RMD, from the yearly Benefit Date Anniversary through December thirty-first (31st).

On or before January twenty-fifth (25th) of any calendar year once You have qualified for RMD treatment as described above, You may elect monthly RMD treatment by providing notice to Us In Writing on or before January twenty-fifth (25th) of that calendar year. Once monthly RMD treatment is elected, any Withdrawal will be deemed an Excess Withdrawal if the amount withdrawn in any month exceeds the greater of one-twelfth (1/12th) of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) Your MPAW; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) Your RMD for each calendar year starting with the calendar year in which You elect the monthly treatment.

Once You elect monthly RMD treatment, You cannot revoke it. In each calendar year after You elect monthly RMD treatment, You must take Your monthly Withdrawal on the same day each month. The day You select for Your monthly Withdrawals must be on or before the twenty-fifth (25th) day of each month. If the day You have selected to receive monthly payments is not a Business Day, We will make the payment on the next Business Day. You may, by notice to Us In Writing, elect not to make one or more monthly Withdrawals after You elect monthly RMD treatment. If You do not take a Withdrawal in a month, You may not take that Withdrawal in any other month. If You do so, that Withdrawal will be considered an Excess Withdrawal.

If Your spouse continues the Contract and this benefit under the permitted Spousal Continuation provision, such spouse will receive RMD treatment if he or she meets the criteria set forth in the below provision to qualify for RMD treatment. If You elected monthly RMD treatment, and the surviving spouse qualifies for RMD treatment, the surviving spouse will automatically continue such monthly RMD treatment unless he or she elects to rescind monthly RMD treatment by notice to Us within thirty (30) calendar days of the later of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) the exercise of the permitted Spousal Continuation; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) the end of the calendar year in which You died.

In that event, whether any Withdrawals will be deemed Excess Withdrawals will be based solely on the factors set forth in the third (3rd) paragraph of this provision. If the surviving spouse does not qualify for RMD treatment, the determination of whether a Withdrawal is an Excess Withdrawal is based on the MPAW until such time as he or she qualifies for RMD treatment, based on their RMD in the next calendar year. If such surviving spouse was not eligible for RMD treatment, or elected to rescind monthly RMD treatment, he or she will be eligible to elect monthly RMD treatment in the future, should he or she wish to do so, by notice to Us. Except as noted above, for the remainder of the calendar year of Your death, the total amount of Withdrawals which qualify for RMD treatment upon the permitted Spousal Continuation is based on the RMD for the deceased spouse.

We reserve the right to modify or eliminate the RMD treatment for Withdrawals if there is any change to the IRC relating to RMDs. If We exercise this right to modify or eliminate the RMD treatment for Withdrawals then any distribution in excess of Your revised RMD, if any, or MPAW will be an Excess Withdrawal.

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|:---|:---|:---|
| Form ICC25-GLWD-1 | **AuguStar Life Insurance Company** | Page 6 |

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We will provide You prior Written notice of any change in the RMD treatment for Withdrawals, when practicable.

If You have purchased a benefit that provides RMD treatment, a Withdrawal will be exempted from Withdrawal Charges if applicable, if it meets the necessary criteria under the terms of the benefit or under this provision. However, this Contract provision has no bearing on the effects to this benefit and any such Withdrawal.

**Protected Lifetime Income Period**

This Benefit will enter the Protected Lifetime Income Period, provided that the Protected Benefit Base is greater than zero (0), on the earlier of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) the Benefit Date Anniversary immediately following the Annuitant's birthday for the Latest Annuity Payout Date; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) the date that the Contract Value is reduced to zero (0) (other than by an Excess Withdrawal).

When this Benefit enters the Protected Lifetime Income Period, You will immediately receive a payment equal to the excess, if any, of the then current MPAW over the total Withdrawals already taken during the Benefit Year. However, if You are making Systematic Withdrawals, the payments will continue until the MPAW for the Benefit Year has been reached. If the Systematic Withdrawals as scheduled will not exhaust the MPAW for the Benefit Year, You will immediately receive a payment equal to the excess of the then current MPAW over the total of Withdrawals already taken during the Benefit Year and those scheduled to continue for the remainder of the Benefit Year. Thereafter, You will begin receiving the Protected Lifetime Income on the first (1st) day of the month following the yearly Benefit Date Anniversary of the Protected Lifetime Income Period payable until the Annuitant's death or the death of the last covered life for joint Covered Lives, if applicable. Each monthly payment will equal one-twelfth (1/12th) of the then current MPAW.

Once this Benefit has entered the Protected Lifetime Income Period, the terms of the Contract will be adjusted as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) the Contract will provide only the benefits provided within and You will not be able to make any Withdrawals other than payments under
the Protected Lifetime Withdrawal; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) all other benefits attached to the Contract will terminate unless otherwise stated in any such benefit.

Upon the Latest Annuity Payout Date you may elect to receive either an Annuity Payment Option available in your contract, or the reduced MPAW Rate for the remainder of the Annuitant's Life, if the Lifetime Withdrawal Period has begun. If the Lifetime Withdrawal Period has not been entered into and the continuation of the MPAW has been elected the MPAW Rate will be set based on the Annuitant's Age at that time of election.

**PROTECTED FIXED ACCOUNT VALUE**

On the Benefit Date, a Protected Fixed Account will be made available, and this Benefit will have investment allocation requirements of Purchase Payment amounts into this Fixed Account. On any date after the Benefit Date, the Protected Fixed Account Value is equal to:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) The sum of all Purchase Payments paid and allocated to the Protected Fixed Account;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) Plus, any transfers from a Variable Portfolio to the Protected Fixed Account;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) Plus, any interest credited;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4) Minus any Withdrawals and Optional Benefit Fee.

Each Purchase Payment will receive an initial fixed interest rate which will apply for an interest rate guarantee period. After the first (1st) Benefit Year the interest rate may be changed annually but will never be lower than the Guaranteed Minimum Interest Rate of the Fixed Account rider.

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|:---|:---|:---|
| Form ICC25-GLWD-1 | **AuguStar Life Insurance Company** | Page 7 |

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**INVESTMENT ALLOCATION AND TRANSFER RESTRICTIONS**

Requirements on Purchase Payment(s) to investment allocations among Variable Portfolio options and the Protected Fixed Account will be in effect on the Benefit Date in conjunction with this Benefit. We also reserve the right to restrict allocations to Variable Portfolio options in which the Owner is already invested after the election of this Benefit. We may substitute Variable Portfolio options available to the Owner in the event any previous Variable Portfolio option(s) are no longer available to the Separate Account available, or Our management determines that any previous option(s) are no longer appropriate for the purposes of the Contract or this Benefit. The Owner will be notified In Writing of any changes to the Variable Portfolio options.

**REPORT**

Prior to the Protected Lifetime Withdrawal Period, we will provide you with a report at least once each Contract Year that includes the initial Protected Benefit Base and the MPAW amount for the earliest Protected Lifetime Withdrawal Period.

After the Protected Lifetime Withdrawal Period has begun the annual report will include the MPAW amount.

**DEATH OF A COVERED LIFE**

Upon the death of the last Covered Life during the Protected Lifetime Income Period the Benefit will terminate without value.

**SPOUSAL CONTINUATION**

If the Spousal Continuation rider is exercised and the conditions of the rider are met it may be possible to continue the Guaranteed Lifetime Withdrawal Benefit. Spousal Continuation of a single Covered Life would continue the Contract, and this Optional Benefit would terminate. Spousal Continuation of a joint Covered Life would continue the Contract and this Optional Benefit. Any continuance of this Optional Benefit may impact the MPAW rate if death occurs before entering the Protected Lifetime Withdrawal Period. Please reference the Spousal Continuation rider for further details regarding the impact of Spousal Continuation on the values of this Optional Benefit.

**CANCELLATION**

This Benefit can be cancelled by providing Written notice to Us within the Benefit Cancellation Window. Once the Benefit is cancelled no additional charges will be assessed, and the Benefit cannot be reinstated.

**TERMINATION**

This Benefit ends upon the earliest of the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) the date the Contract is terminated in accordance with its terms,
unless otherwise provided in this Benefit;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) a full Withdrawal of the Contract Value;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) if an Excess Withdrawal or Pre-Lifetime Withdrawal reduces the Protected Benefit Base to zero (0);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4) receipt of Due Proof of death of the last Covered Life;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5) the effective date of Your request to cancel this Benefit within the Benefit Cancellation Window;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6) Annuitization of the Contract (other than entering the Protected Lifetime Income Period); or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7) if the Owner is changed or the Contract is assigned, this benefit will terminate, except in the following circumstances:

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|:---|:---|:---|
| Form ICC25-GLWD-1 | **AuguStar Life Insurance Company** | Page 8 |

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the new Owner or assignee assumes full ownership of the Contract
and is essentially the same person (e.g. an individual ownership changed to a personal revocable trust, a change to the Contract Owner's
spouse during the Contract Owner's lifetime, a change to a court appointed guardian representing the Contract Owner during the
Contract Owner's lifetime, etc.);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) ownership of an IRA or Roth IRA is being changed from one custodian to another, from the Covered Life to a custodian, or from a custodian
to the Covered Life;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) the assignment is for the purpose of effectuating a 1035 exchange of the Contract (i.e., the benefit may continue during the temporary
assignment period and not terminate until the Contract is fully withdrawn);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) the new Owner is the Annuitant's spouse in a permitted Spousal Continuation rider; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) If: (i) the surviving spouse is the sole Beneficiary of the Contract; (ii) We received proof of death but did not receive Written
notice of Spousal Continuation at the same time; and (iii) the only reason for the termination of this Benefit is the death of the Annuitant,
We will reinstate the Benefit if We receive Written notice to exercise a permitted Spousal Continuation rider on or before the Maximum
Spousal Continuation Election Date as shown in the Contract Specification.

If this Benefit terminates for any reason, the additional charge will also terminate. This Benefit may not be reinstated after termination.

**AUGUSTAR LIFE INSURANCE COMPANY**

 ****

![](fp0098597-1_d02.jpg)

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|:---|:---|:---|
| Form ICC25-GLWD-1 | **AuguStar Life Insurance Company** | Page 9 |

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## Exhibit 99.27

**[StarStream Level Option]**

**Guaranteed Lifetime Withdrawal Optional Benefit**

This Benefit is made part of the Contract to which it is attached.

If this Benefit is issued at the same time as the Contract, the Benefit Date is the same as the Contract Issue Date, shown in the Contract Specifications. If this Benefit is issued after the Contract Issue Date, the Benefit Date is the Contract Anniversary following the date it is added, shown in the Contract Specifications.

If You choose to return the Contract under the Right to Examine this Benefit will also be void.

To the extent any provisions contained in this Benefit are contrary to or inconsistent with those of the Contract to which it is attached, the provisions of this Benefit will control.

**The Protected Benefit Base cannot be withdrawn as a lump sum and is not payable as a Death Benefit.**

**This Benefit provides a Protected Lifetime Income benefit even if there is negative investment experience and/or the Protected Lifetime Withdrawals reduce the Contract Value to zero (0).**

**The Protected Lifetime Income will be provided even if the payment of the Benefit would reduce the Contract Value below the Minimum Contract Value required to keep the Contract in effect.**

**Excess Withdrawals and the Pre-Lifetime Withdrawal could reduce future benefits by more than the dollar amount being withdrawn.**

**There may be limitations on any Subsequent Purchase Payments.** 

**The purpose of the Guaranteed Lifetime Withdrawal Optional Benefit provided under this annuity Contract is to provide security through a stream of income payments to the Owner. This Benefit will terminate upon assignment or a change in Ownership of the Contract unless the new assignee or Owner meets the qualifications specified in the Termination provision of this benefit.**

**BENEFIT DEFINITIONS**

The following definitions are added to the Contract, and all terms defined within the Contract that are used in this Benefit have the same definition as in the Contract. You may find further information on the below definitions in the Contract Specifications.

**Benefit Cancellation Window** - The period of time in which the benefit may be voluntarily cancelled.

**Benefit Date** - The date that this Benefit becomes effective.

**Benefit Date Anniversary** – A reoccurring date that occurs on the same date monthly, quarterly (a consecutive three (3) month period), or yearly from the Benefit Date.

**Benefit Year** - Beginning on the Benefit Date, each twelve (12) month period that this Benefit remains in-force.

**Charge Freeze Period** - Beginning on the Benefit Date, the period in which We guarantee that the Optional Benefit Fee will not change.

**Covered Life(ves)** - The Covered Life is the Annuitant, who must also be an Owner. If You choose the joint Covered Lives benefit option, the Covered Lives are the Annuitant and their spouse on the Benefit Date. The spouse must be a named Joint Owner or the Primary Beneficiary.

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| | | |
|:---|:---|:---|
| Form ICC25-GLWL-1 | **AuguStar Life Insurance Company** | Page 1 |

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**Deferral Credit Rate** - A percentage added to the Maximum Protected Annual Withdrawal (MPAW) Rate, if Withdrawals are deferred for the Deferral Credit Period(s).

**Deferral Credit Period** - The period(s) of time after which the Deferral Credit Rate will be applied if Withdrawals are deferred.

**Excess Withdrawal** - Any Withdrawal that is taken in a Benefit Year after the Protected Lifetime Withdrawal Period has commenced and exceeds the greater of the Maximum Protected Annual Withdrawal (MPAW) or the Required Minimum Distribution (RMD) amount calculated by the Company. An Excess Withdrawal will cause the Protected Benefit Base and the Maximum Protected Annual Withdrawal (MPAW) to be recalculated.

**Maximum Annual Optional Benefit Fee Adjustment** - The maximum rate the Optional Benefit Fee may be adjusted by in any Benefit Year, after the Charge Freeze Period.

**Maximum Protected Annual Withdrawal (MPAW) Rate** - The percentage used to calculate the MPAW amount; it is an age-based percentage that is locked in at the commencement of the Protected Lifetime Withdrawal Period.

**Maximum Protected Annual Withdrawal (MPAW)** - The maximum amount that may be withdrawn each Benefit Year after beginning Protected Lifetime Withdrawals or Protected Lifetime Income.

**Maximum Optional Benefit Fee** – The maximum rate that the Optional Benefit Fee may be increased to, after the Charge Freeze Period.

**Optional Benefit Fee** - The fee assessed for providing this Benefit.

**Optional Benefit Maximum** - The total Guaranteed Lifetime Withdrawal Optional Benefit amount that cannot be exceeded for a Covered Life. This limit applies in aggregate across all contracts with a Guaranteed Lifetime Withdrawal Optional Benefit with Us for any Covered Life.

**Pre-Lifetime Withdrawal** - A one-time only Withdrawal election to have the Withdrawal not treated as a Protected Lifetime Withdrawal. This must be taken prior to the Protected Lifetime Withdrawal Period.

**Protected Benefit Base** - The value used to determine the Maximum Protected Annual Withdrawal (MPAW) amount and the Optional Benefit Fee. The Protected Benefit Base is not available for Withdrawal, as a death benefit, or for any application to any Annuity Option.

**Protected Lifetime Withdrawal** - This is the Withdrawal amount that is the greater of the MPAW or Required Minimum Distributions (RMD) taken that is not considered an Excess Withdrawal or the Pre-Lifetime Withdrawal.

**Protected Lifetime Withdrawal Period** - Begins when the first Protected Lifetime Withdrawal is taken and continues until the Benefit is terminated or enters the Protected Lifetime Income Period.

**Protected Fixed Account** - A Fixed Account available only with this or other Optional Benefit(s), in which You are required to allocate to, and which earns a fixed rate of return. (Fixed Accounts are obligations of the General Account.)

**Protected Lifetime Income Amount** - The guaranteed annual income amount that becomes payable during the Protected Lifetime Income Period.

**Protected Lifetime Income Period** - The period beginning at the earlier of the date the Contract Value is reduced to zero (0) not due to Excess Withdrawals or the Latest Annuity Payout Date during which Protected Lifetime Income payments are paid.

**Roll-up Calculation Base** - The initial Protected Benefit Base plus any Subsequent Purchase Payments and adjusted proportionally for the Pre-Lifetime Withdrawal or any Excess Withdrawals.

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| Form ICC25-GLWL-1 | **AuguStar Life Insurance Company** | Page 2 |

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**Roll-up Period** - Beginning on the Benefit Date, the maximum period of time that the Roll-Up Rate will apply.

**Roll-up Rate** - The simple interest rate used to calculate the Roll-Up during the Roll-Up Period provided no Withdrawals (except the Pre-Lifetime Withdrawal) have occurred during the twelve (12) month period that follows the prior yearly Benefit Date Anniversary.

**PROVISIONS**

**OPTIONAL BENEFIT FEE**

The initial Optional Benefit Fee is in effect on the Benefit Date. The Optional Benefit Fee is calculated by multiplying the Optional Benefit Fee rate by the Protected Benefit Base as of the end of each quarterly Benefit Date Anniversary. The Optional Benefit Fee rate is an annualized rate that will be assessed and deducted on a quarterly basis. The fee will be deducted proportionally from any elected Variable Portfolios and the Protected Fixed Account. A prorated charge for any partially completed Benefit Year may also be deducted upon Full Withdrawal, death of the Annuitant, termination of this Benefit, or when Protected Lifetime Income payments begin.

After the Charge Freeze Period, We may change the Optional Benefit Fee on any Anniversary, by the Maximum Annual Optional Benefit Fee Adjustment but will not exceed the Maximum Optional Benefit Fee. You will be notified if the Optional Benefit Fee changes and may opt out of the fee increase by notifying Us In Writing within thirty (30) days of the yearly Benefit Date Anniversary. If You choose to opt out of the fee increase, any future benefit feature increases (such as Roll-ups, Step-ups, and Deferral Credit Rates) will be forfeited. If this Benefit is terminated, this fee will no longer be charged.

**PROTECTED BENEFIT BASE**

The initial Protected Benefit Base is equal to the Purchase Payment(s) on the Benefit Date. After the first (1st) Benefit Year and each yearly Benefit Date Anniversary, the Protected Benefit Base will be reset to the greater of the Step-Up Base or the Roll-Up Base, subject to the Optional Benefit Maximum shown in the Contract Specifications.

The purpose of the Protected Benefit Base is for calculating the Protected Lifetime Withdrawals, the Protected Lifetime Income and the Optional Benefit Fee; it does not provide any Contract Value or guaranteed performance of any Variable Portfolio. The Protected Benefit Base will increase by the dollar amount of any Subsequent Purchase Payments. The Protected Benefit Base will decrease in the same proportion the Contract Value is decreased for any Excess Withdrawals and the Pre-Lifetime Withdrawal. Once Protected Lifetime Income begins, there will be no further increases to the Protected Benefit Base and no access to Contract Value for Withdrawals. At any point in time, the Protected Benefit Base is the maximum of the Roll-Up Base and the Step-Up Base as described below.

**ROLL-UP BASE**

The initial Roll-Up Base is equal to the initial Protected Benefit Base. The Roll-Up Base will increase dollar for dollar for any Purchase Payments and will be reduced proportionally for any Pre-Lifetime Withdrawal or Excess Withdrawals.

The Roll-Up Base is recalculated on each subsequent yearly Benefit Date Anniversary to be the sum of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) the previous Roll-Up Base; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) the simple interest calculated as the Roll-Up Rate multiplied by the Roll-Up Calculation Base.

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|:---|:---|:---|
| Form ICC25-GLWL-1 | **AuguStar Life Insurance Company** | Page 3 |

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Simple interest on any Subsequent Purchase Payments made during the Roll-Up Period is calculated using a prorated method based upon
the number of days from the date of the Subsequent Purchase Payment to the next yearly Benefit Date Anniversary.

A Roll-Up will occur if the following conditions are satisfied:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) The Benefit is within the Roll-Up Period;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) The Roll-Up Base is greater than zero (0);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) The Benefit has not entered into the Protected Lifetime Income Period; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4) No Withdrawal, other than a Pre-Lifetime Withdrawal was taken in the Benefit Year.

**STEP-UP BASE**

The initial Step-Up Base is equal to the initial Protected Benefit Base. The Step-Up Base will increase by the dollar amount for any Purchase Payments and will be reduced proportionally for any Pre-Lifetime Withdrawal or Excess Withdrawals.

The Step-Up Base is recalculated on each subsequent yearly Benefit Date Anniversary as the maximum of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) the previous Step-Up Base; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) the Contract Value minus applicable fees or taxes

**WITHDRAWALS**

**Maximum Protected Annual Withdrawal (MPAW)**

The Maximum Protected Annual Withdrawal (MPAW) Rate is based on the Age of the Covered Life at the first (1<sup>st</sup>) Withdrawal. If there are joint Covered Lives the rate is based on the Younger Covered Life.

The initial Maximum Protected Annual Withdrawal (MPAW) amount is [(a+b) x c] where a, b, and c are the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) The applicable Maximum Protected Annual Withdrawal (MPAW) Rate;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) The Deferral Credit Rate, if applicable; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) The Protected Benefit Base on the day of the first (1<sup>st</sup>) Protected Lifetime Withdrawal.

On any subsequent yearly Benefit Date Anniversary, the Maximum Protected Annual Withdrawal (MPAW) amount will be recalculated if the Protected Benefit Base is increased or decreased from the prior Benefit Date Anniversary.

Any Withdrawal taken after the one (1) Pre-Lifetime Withdrawal will initiate the Protected Lifetime Withdrawal Period and the following will occur:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) Stop the Roll-Up in years which a Withdrawal is taken;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) Stop any future Deferral Credit Rate increases; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) Set the Maximum Protected Annual Withdrawal (MPAW) rate based on the Covered Life's Age.

Once the Protected Lifetime Withdrawal Period has started, the Pre-Lifetime Withdrawal is no longer available to be taken and will be considered waived.

Any Maximum Protected Annual Withdrawal (MPAW) amount not withdrawn in a Benefit Year cannot be carried forward to future Benefit Years.

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| Form ICC25-GLWL-1 | **AuguStar Life Insurance Company** | Page 4 |

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Except when the Contract Value is reduced to zero (0) due to Excess Withdrawals, the Protected Lifetime Income payments will begin when the Contract Value is zero (0).

**Excess Withdrawals**

Excess Withdrawals could reduce future benefits by more than the dollar amount of the Excess Withdrawals and may be subject to Withdrawal Charges.

A Withdrawal is considered an Excess Withdrawal if it is made during the Protected Lifetime Withdrawal Period and the total Withdrawals for the Benefit Year exceeds the MPAW or RMD (where applicable); however, only the excess of total Withdrawals for the Benefit Year over the MPAW or RMD will be considered excess.

Any Excess Withdrawals taken will decrease the Roll-Up Base, Roll-Up Calculation Base, Step-Up Base and the Protected Benefit Base by a percentage reduction equal to (a) / (b) where:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) is the amount of the Excess Withdrawal; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) is the Contract Value immediately prior to the Excess Withdrawal.

**Pre-Lifetime Withdrawal**

We permit a one-time only Pre-Lifetime Withdrawal without terminating the Roll-Up or Deferral Credit Rate increases, and without starting the Protected Lifetime Withdrawal Period. This Withdrawal will reduce the Protected Benefit Base, Step-Up Base, Roll-Up Base, and the Roll-Up Calculation Base by a percentage reduction equal to (a) / (b) where:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) is the amount of the Pre-Lifetime Withdrawal; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) is the Contract Value immediately prior to the Pre-Lifetime Withdrawal.

**DEFERRAL CREDIT RATE**

A Deferral Credit Rate is added to the Maximum Protected Annual Withdrawal (MPAW) Rate if Withdrawals (other than the Pre-Lifetime Withdrawal) are deferred for the Deferral Credit Period(s). The Deferral Credit Rate is only applicable to Protected Benefit Base values attributable to Purchase Payments made in the first (1st) Benefit Year. If Purchase Payments are made after the first Benefit Year, the Deferral Credit Rate will not apply to Protected Benefit Base values attributable to the Subsequent Purchase Payments.

**REQUIRED MINIMUM DISTRIBUTIONS (RMD)**

This provision only applies if the Contract is a Qualified Contract and is subject to minimum distribution requirements under the Required Minimum Distribution (RMD) Regulations under the Tax Code. You will receive RMD treatment if:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) the Contract is a Qualified Contract;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) it is subject to the minimum distribution requirements under the RMD Regulations under the IRC;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) it is the calendar year following the year in which You reach the required beginning Age as defined by the
IRC;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4) you provide Us with the prior year's December thirty-first (31st) Contract Value if your Purchase Payments
are funds from another contract;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5) the Protected Lifetime Withdrawal Period has started; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6) the amount of the Withdrawal that receives RMD treatment is calculated by Us.

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| Form ICC25-GLWL-1 | **AuguStar Life Insurance Company** | Page 5 |

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If You die during a Benefit Year for which You are eligible for RMD treatment and Your spouse elects to continue the Contract and this Benefit pursuant to the Spousal Continuation Rider, We will allow RMD treatment to continue based upon Your RMD until the end of the calendar year of Your death.

A Withdrawal in any Benefit Year after You are eligible for RMD treatment will not be an Excess Withdrawal if that Withdrawal does not cause the total Withdrawals to exceed either (a) or (b) where:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) is the remaining MPAW from January first (1st) through the yearly Benefit Date Anniversary; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) is the greater of the MPAW and the RMD, from the yearly Benefit Date Anniversary through December thirty-first (31st).

On or before January twenty-fifth (25th) of any calendar year once You have qualified for RMD treatment as described above, You may elect monthly RMD treatment by providing notice to Us In Writing on or before January twenty-fifth (25th) of that calendar year. Once monthly RMD treatment is elected, any Withdrawal will be deemed an Excess Withdrawal if the amount withdrawn in any month exceeds the greater of one-twelfth (1/12th) of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) Your MPAW; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) Your RMD for each calendar year starting with the calendar year in which You elect the monthly treatment.

Once You elect monthly RMD treatment, You cannot revoke it. In each calendar year after You elect monthly RMD treatment, You must take Your monthly Withdrawal on the same day each month. The day You select for Your monthly Withdrawals must be on or before the twenty-fifth (25th) day of each month. If the day You have selected to receive monthly payments is not a Business Day, We will make the payment on the next Business Day. You may, by notice to Us In Writing, elect not to make one or more monthly Withdrawals after You elect monthly RMD treatment. If You do not take a Withdrawal in a month, You may not take that Withdrawal in any other month. If You do so, that Withdrawal will be considered an Excess Withdrawal.

If Your spouse continues the Contract and this benefit under the permitted Spousal Continuation provision, such spouse will receive RMD treatment if he or she meets the criteria set forth in the below provision to qualify for RMD treatment. If You elected monthly RMD treatment, and the surviving spouse qualifies for RMD treatment, the surviving spouse will automatically continue such monthly RMD treatment unless he or she elects to rescind monthly RMD treatment by notice to Us within thirty (30) calendar days of the later of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) the exercise of the permitted Spousal Continuation; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) the end of the calendar year in which You died.

In that event, whether any Withdrawals will be deemed Excess Withdrawals will be based solely on the factors set forth in the third (3rd) paragraph of this provision. If the surviving spouse does not qualify for RMD treatment, the determination of whether a Withdrawal is an Excess Withdrawal is based on the MPAW until such time as he or she qualifies for RMD treatment, based on their RMD in the next calendar year. If such surviving spouse was not eligible for RMD treatment, or elected to rescind monthly RMD treatment, he or she will be eligible to elect monthly RMD treatment in the future, should he or she wish to do so, by notice to Us. Except as noted above, for the remainder of the calendar year of Your death, the total amount of Withdrawals which qualify for RMD treatment upon the permitted Spousal Continuation is based on the RMD for the deceased spouse.

We reserve the right to modify or eliminate the RMD treatment for Withdrawals if there is any change to the IRC relating to RMDs. If We exercise this right to modify or eliminate the RMD treatment for Withdrawals then any distribution in excess of Your revised RMD, if any, or MPAW will be an Excess Withdrawal. We will provide You prior Written notice of any change in the RMD treatment for Withdrawals, when practicable.

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| Form ICC25-GLWL-1 | **AuguStar Life Insurance Company** | Page 6 |

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If You have purchased a benefit that provides RMD treatment, a Withdrawal will be exempted from Withdrawal Charges if applicable, if it meets the necessary criteria under the terms of the benefit or under this provision. However, this Contract provision has no bearing on the effects to this benefit and any such Withdrawal.

**Protected Lifetime Income Period**

This Benefit will enter the Protected Lifetime Income Period, provided that the Protected Benefit Base is greater than zero (0), on the earlier of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) the Benefit Date Anniversary immediately following the Annuitant's birthday for the Latest Annuity Payout Date; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) the date that the Contract Value is reduced to zero (0) (other than by an Excess Withdrawal).

When this Benefit enters the Protected Lifetime Income Period, You will immediately receive a payment equal to the excess, if any, of the then current MPAW over the total Withdrawals already taken during the Benefit Year.

However, if You are making Systematic Withdrawals, the payments will continue until the MPAW for the Benefit Year has been reached. If the systematic Withdrawals as scheduled will not exhaust the MPAW for the Benefit Year, You will immediately receive a payment equal to the excess of the then current MPAW over the total of Withdrawals already taken during the Benefit Year and those scheduled to continue for the remainder of the Benefit Year. Thereafter, You will begin receiving the Protected Lifetime Income on the first (1st) day of the month following the yearly Benefit Date Anniversary of the Protected Lifetime Income Period payable until the Annuitant's death or the death of the last covered life for joint Covered Lives, if applicable. Each monthly payment will equal one-twelfth (1/12th) of the then current MPAW.

Once this Benefit has entered the Protected Lifetime Income Period, the terms of the Contract will be adjusted as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) the Contract will provide only the benefits provided within and You will not be able to make any Withdrawals other than payments under
the Protected Lifetime Withdrawal; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) all other benefits attached to the Contract will terminate unless otherwise stated in any such benefit.

Upon the Latest Annuity Payout Date you may elect to receive either an Annuity Payment Option available in your contract, or the MPAW Rate for the remainder of the Annuitant's Life, if the Lifetime Withdrawal Period has begun. If the Lifetime Withdrawal Period has not been entered into and the continuation of the MPAW has been elected the MPAW Rate will be set based on the Annuitant's Age at that time of election.

**PROTECTED FIXED ACCOUNT VALUE**

On the Benefit Date, a Protected Fixed Account will be made available, and this Benefit will have investment allocation requirements of Purchase Payment amounts into this Fixed Account. On any date after the Benefit Date, the Protected Fixed Account Value is equal to:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) The sum of all Purchase Payments paid and allocated to the Protected Fixed Account;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) Plus, any transfers from a Variable Portfolio to the Protected Fixed Account;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) Plus, any interest credited;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4) Minus any Withdrawals and Optional Benefit Fee.

Each Purchase Payment will receive an initial fixed interest rate which will apply for an interest rate guarantee period. After the first (1st) Benefit Year the interest rate may be changed annually but will never be lower than the Guaranteed Minimum Interest Rate of the Fixed Account rider.

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|:---|:---|:---|
| Form ICC25-GLWL-1 | **AuguStar Life Insurance Company** | Page 7 |

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**INVESTMENT ALLOCATION AND TRANSFER RESTRICTIONS**

Requirements on Purchase Payment(s) to investment allocations among Variable Portfolio options and the Protected Fixed Account will be in effect on the Benefit Date in conjunction with this Benefit. We also reserve the right to restrict allocations to Variable Portfolio options in which the Owner is already invested after the election of this Benefit. We may substitute Variable Portfolio options available to the Owner in the event any previous Variable Portfolio option(s) are no longer available to the Separate Account available, or Our management determines that any previous option(s) are no longer appropriate for the purposes of the Contract or this Benefit. The Owner will be notified In Writing of any changes to the Variable Portfolio options.

**REPORT**

Prior to the Protected Lifetime Withdrawal Period, we will provide you with a report at least once each Contract Year that includes the initial Protected Benefit Base and the MPAW amount for the earliest Protected Lifetime Withdrawal Period.

After the Protected Lifetime Withdrawal Period has begun the annual report will include the MPAW amount.

**DEATH OF A COVERED LIFE**

Upon the death of the last Covered Life during the Protected Lifetime Income Period the Benefit will terminate without value.

**SPOUSAL CONTINUATION**

If the Spousal Continuation rider is exercised and the conditions of the rider are met it may be possible to continue the Guaranteed Lifetime Withdrawal Benefit. Spousal Continuation of a single Covered Life would continue the Contract and this Optional Benefit would terminate. Spousal Continuation of a joint Covered Life would continue the Contract and this Optional Benefit. Any continuance of this Optional Benefit may impact the MPAW rate if death occurs before entering the Protected Lifetime Withdrawal Period. Please reference the Spousal Continuation rider for further details regarding the impact of Spousal Continuation on the values of this Optional Benefit.

**CANCELLATION**

This Benefit can be cancelled by providing Written notice to Us within the Benefit Cancellation Window. Once the Benefit is cancelled no additional charges will be assessed, and the Benefit cannot be reinstated.

**TERMINATION**

This Benefit ends upon the earliest of the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) the date the Contract is terminated in accordance with its terms,
unless otherwise provided in this Benefit;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) a full Withdrawal of the Contract Value;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) if an Excess Withdrawal or Pre-Lifetime Withdrawal reduces the Protected Benefit Base to zero (0);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4) receipt of Due Proof of death of the last Covered Life;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5) the effective date of Your request to cancel this Benefit within the Benefit Cancellation Window;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6) Annuitization of the Contract (other than entering the Protected Lifetime Income Period); or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7) if the Owner is changed or the Contract is assigned, this benefit will terminate, except in the following circumstances:

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|:---|:---|:---|
| Form ICC25-GLWL-1 | **AuguStar Life Insurance Company** | Page 8 |

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the new Owner or assignee assumes full ownership of the Contract
and is essentially the same person (e.g. an individual ownership changed to a personal revocable trust, a change to the Contract Owner's
spouse during the Contract Owner's lifetime, a change to a court appointed guardian representing the Contract Owner during the
Contract Owner's lifetime, etc.);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) ownership of an IRA or Roth IRA is being changed from one custodian to another, from the Covered Life to a custodian, or from a custodian
to the Covered Life;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) the assignment is for the purpose of effectuating a 1035 exchange of the Contract (i.e., the benefit may continue during the temporary
assignment period and not terminate until the Contract is fully withdrawn);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) the new Owner is the Annuitant's spouse in a permitted Spousal Continuation rider; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) If: (i) the surviving spouse is the sole Beneficiary of the Contract; (ii) We received proof of death but did not receive Written
notice of Spousal Continuation at the same time; and (iii) the only reason for the termination of this Benefit is the death of the Annuitant,
We will reinstate the Benefit if We receive Written notice to exercise a permitted Spousal Continuation rider on or before the Maximum
Spousal Continuation Election Date as shown on the Contract Specification.

If this Benefit terminates for any reason, the additional charge will also terminate. This Benefit may not be reinstated after termination.

**AUGUSTAR LIFE INSURANCE COMPANY**

![](fp0098597-1_d02.jpg)

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|:---|:---|:---|
| Form ICC25-GLWL-1 | **AuguStar Life Insurance Company** | Page 9 |

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## Exhibit 99.27

**[StarStream Protector Option]**

**Guaranteed Lifetime Withdrawal Optional Benefit**

This Benefit is made part of the Contract to which it is attached.

If this Benefit is issued at the same time as the Contract, the Benefit Date is the same as the Contract Issue Date, shown in the Contract Specifications. If this Benefit is issued after the Contract Issue Date, the Benefit Date is the Contract Anniversary following the date it is added, shown in the Contract Specifications.

If You choose to return the Contract under the Right to Examine this Benefit will also be void.

To the extent any provisions contained in this Benefit are contrary to or inconsistent with those of the Contract to which it is attached, the provisions of this Benefit will control.

**The Protected Benefit Base cannot be withdrawn as a lump sum and is not payable as a Death Benefit.**

**This Benefit provides a Protected Lifetime Income benefit even if there is negative investment experience and/or the Protected Lifetime Withdrawals reduce the Contract Value to zero (0).**

**The Protected Lifetime Income will be provided even if the payment of the Benefit would reduce the Contract Value below the Minimum Contract Value required to keep the Contract in effect.**

**This Benefit provides a Protected Death Benefit Base which entitles the Beneficiary to receive the greater of the Contract Value or the Protected Death Benefit Base as a Death Benefit.** 

**Excess Withdrawals and the Pre-Lifetime Withdrawal could reduce future benefits by more than the dollar amount being withdrawn.**

**There may be limitations on any Subsequent Purchase Payments.** 

**The purpose of the Guaranteed Lifetime Withdrawal Optional Benefit provided under this annuity Contract is to provide security through a stream of income payments to the Owner. This Benefit will terminate upon assignment or a change in Ownership of the Contract unless the new assignee or Owner meets the qualifications specified in the Termination provision of this Benefit.** 

**BENEFIT DEFINITIONS**

The following definitions are added to the Contract, and all terms defined within the Contract that are used in this Benefit have the same definition as in the Contract. You may find further information on the below definitions in the Contract Specifications.

**Benefit Cancellation Window** - The period of time in which the benefit may be voluntarily cancelled.

**Benefit Date** - The date that this Benefit becomes effective.

**Benefit Date Anniversary** – A reoccurring date that occurs on the same date monthly, quarterly (a consecutive three (3) month period), or yearly from the Benefit Date.

**Benefit Year** - Beginning on the Benefit Date, each twelve (12) month period that this Benefit remains in-force.

**Charge Freeze Period** - Beginning on the Benefit Date, the period in which We guarantee that the Optional Benefit Fee will not change.

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|:---|:---|:---|
| Form ICC25-GLWP-1 | **AuguStar Life Insurance Company** | Page 1 |

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**Covered Life** - The Covered Life is the Annuitant, who must also be an Owner.

**Deferral Credit Rate** - A percentage added to the Maximum Protected Annual Withdrawal (MPAW) Rate, if Withdrawals are deferred for the Deferral Credit Period(s).

**Deferral Credit Period** - The period(s) of time after which the Deferral Credit Rate will be applied if Withdrawals are deferred.

**Excess Withdrawal** - Any Withdrawal that is taken in a Benefit Year after the Protected Lifetime Withdrawal Period has commenced and exceeds the greater of the Maximum Protected Annual Withdrawal (MPAW) or the Required Minimum Distribution (RMD) amount calculated by the Company. An Excess Withdrawal will cause the Protected Benefit Base and the Maximum Protected Annual Withdrawal (MPAW) to be recalculated.

**Maximum Annual Optional Benefit Fee Adjustment** - The maximum rate the Optional Benefit Fee may be adjusted by in any Benefit Year, after the Charge Freeze Period.

**Maximum Annual Protected Death Benefit Fee Adjustment** - The maximum rate the Protected Death Benefit Fee may be adjusted by in any Benefit Year, after the Protected Death Benefit Charge Freeze Period.

**Maximum Optional Benefit Fee** – The maximum rate that the Optional Benefit Fee may be increased to, after the Charge Freeze Period.

**Maximum Protected Annual Withdrawal (MPAW) Rate** - The percentage used to calculate the MPAW amount; it is an age-based percentage that is locked in at the commencement of the Protected Lifetime Withdrawal Period.

**Maximum Protected Annual Withdrawal (MPAW)** - The maximum amount that may be withdrawn each Benefit Year after beginning Protected Lifetime Withdrawals or Protected Lifetime Income.

**Maximum Protected Death Benefit Fee** – The maximum rate that the Protected Death Benefit Fee may be increased to, after the Protected Death Benefit Charge Freeze Period.

**Optional Benefit Fee** - The fee assessed for providing this Benefit.

**Optional Benefit Maximum** - The total Guaranteed Lifetime Withdrawal Optional Benefit amount that cannot be exceeded for a Covered Life. This limit applies in aggregate across all contracts with a Guaranteed Lifetime Withdrawal Optional Benefit with Us for any Covered Life.

**Pre-Lifetime Withdrawal** - A one-time only Withdrawal election to have the Withdrawal not treated as a Protected Lifetime Withdrawal. This must be taken prior to the Protected Lifetime Withdrawal Period.

**Protected Benefit Base** - The value used to determine the Maximum Protected Annual Withdrawal (MPAW) amount and the Optional Benefit Fee. The Protected Benefit Base is not available for Withdrawal, as a death benefit, or for any application to any Annuity Option.

**Protected Death Benefit** – A Death Benefit equal to the greater of the Protected Death Benefit Base or the Contract Value.

**Protected Death Benefit Base** – The value used to determine the Protected Death Benefit. The Protected Death Benefit Base is not available for Withdrawal or for any application to any Annuity Option.

**Protected Death Benefit Charge Freeze Period** - The period in which We guarantee that the Protected Death Benefit Fee will not change.

**Protected Death Benefit Fee** – The fee assessed for providing the Protected Death Benefit.

**Protected Lifetime Income Amount** - The guaranteed annual income amount that becomes payable during the Protected Lifetime Income Period.

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|:---|:---|:---|
| Form ICC25-GLWP-1 | **AuguStar Life Insurance Company** | Page 2 |

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**Protected Lifetime Income Period** - The period beginning at the earlier of the date the Contract Value is reduced to zero (0) not due to Excess Withdrawals or the Latest Annuity Payout Date during which Protected Lifetime Income payments are paid.

**Protected Lifetime Withdrawal** - This is the Withdrawal amount that is the greater of the MPAW or Required Minimum Distributions (RMD) taken that is not considered an Excess Withdrawal or the Pre-Lifetime Withdrawal.

**Protected Lifetime Withdrawal Period** - Begins when the first Protected Lifetime Withdrawal is taken and continues until the Benefit is terminated or enters the Protected Lifetime Income Period.

**Protected Fixed Account** - A Fixed Account available only with this or other Optional Benefit(s), in which You are required to allocate to, and which earns a fixed rate of return. (Fixed Accounts are obligations of the General Account.)

**Roll-up Calculation Base** - The initial Protected Benefit Base plus any Subsequent Purchase Payments and adjusted proportionally for the Pre-Lifetime Withdrawal or any Excess Withdrawals.

**Roll-up Period** - Beginning on the Benefit Date, the maximum period of time that the Roll-Up Rate will apply.

**Roll-up Rate** - The simple interest rate used to calculate the Roll-Up during the Roll-Up Period provided no Withdrawals (except the Pre-Lifetime Withdrawal) have occurred during the twelve (12) month period that follows the prior yearly Benefit Date Anniversary.

**PROVISIONS**

**OPTIONAL BENEFIT FEE**

The initial Optional Benefit Fee is in effect on the Benefit Date. The Optional Benefit Fee is calculated by multiplying the Optional Benefit Fee rate by the Protected Benefit Base as of the end of each quarterly Benefit Date Anniversary. The Optional Benefit Fee rate is an annualized rate that will be assessed and deducted on a quarterly basis. The fee will be deducted proportionally from any elected Variable Portfolios and the Protected Fixed Account. A prorated charge for any partially completed Benefit Year may also be deducted upon Full Withdrawal, death of the Annuitant, termination of this Benefit, or when Protected Lifetime Income payments begin.

After the Charge Freeze Period, We may change the Optional Benefit Fee on any Anniversary, by the Maximum Annual Optional Benefit Fee Adjustment but will not exceed the Maximum Optional Benefit Fee. You will be notified if the Optional Benefit Fee changes and may opt out of the fee increase by notifying Us In Writing within thirty (30) days of the yearly Benefit Date Anniversary. If You choose to opt out of the fee increase, any future benefit feature increases (such as Roll-ups, Step-ups, and Deferral Credit Rates) will be forfeited. If this Benefit is terminated, this fee will no longer be charged.

**PROTECTED BENEFIT BASE**

The initial Protected Benefit Base is equal to the Purchase Payment(s) on the Benefit Date. After the first (1st) Benefit Year and each yearly Benefit Date Anniversary, the Protected Benefit Base will be reset to the greater of the Step-Up Base or the Roll-Up Base, subject to the Optional Benefit Maximum shown in the Contract Specifications.

The purpose of the Protected Benefit Base is for calculating the Protected Lifetime Withdrawals, the Protected Lifetime Income and the Optional Benefit Fee; it does not provide any Contract Value or guaranteed performance of any Variable Portfolio. The Protected Benefit Base will increase by the dollar amount of any Subsequent Purchase Payments.

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|:---|:---|:---|
| Form ICC25-GLWP-1 | **AuguStar Life Insurance Company** | Page 3 |

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The Protected Benefit Base will decrease in the same proportion the Contract Value is decreased for any Excess Withdrawals and the Pre-Lifetime Withdrawal. Once Protected Lifetime Income begins, there will be no further increases to the Protected Benefit Base and no access to Contract Value for Withdrawals. At any point in time, the Protected Benefit Base is the maximum of the Roll-Up Base and the Step-Up Base as described below.

**ROLL-UP BASE**

The initial Roll-Up Base is equal to the initial Protected Benefit Base. The Roll-Up Base will increase dollar for dollar for any Purchase Payments and will be reduced proportionally for any Pre-Lifetime Withdrawal or Excess Withdrawals.

The Roll-Up Base is recalculated on each subsequent yearly Benefit Date Anniversary to be the sum of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) the previous Roll-Up Base; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) the simple interest calculated as the Roll-Up Rate multiplied by the Roll-Up Calculation Base.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. Simple interest on any Subsequent Purchase Payments made during the Roll-Up Period is calculated using a prorated method based upon
the number of days from the date of the Subsequent Purchase Payment to the next yearly Benefit Date Anniversary.

A Roll-Up will occur if the following conditions are satisfied:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) The Benefit is within the Roll-Up Period;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) The Roll-Up Base is greater than zero (0);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) The Benefit has not entered into the Protected Lifetime Income Period; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4) No Withdrawal, other than a Pre-Lifetime Withdrawal was taken in the Benefit Year.

**STEP-UP BASE**

The initial Step-Up Base is equal to the initial Protected Benefit Base. The Step-Up Base will increase by the dollar amount for any Purchase Payments and will be reduced proportionally for any Pre-Lifetime Withdrawal or Excess Withdrawals.

The Step-Up Base is recalculated on each subsequent yearly Benefit Date Anniversary as the maximum of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) the previous Step-Up Base; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) the Contract Value minus applicable fees or taxes

**WITHDRAWALS**

**Maximum Protected Annual Withdrawal (MPAW)**

The Maximum Protected Annual Withdrawal (MPAW) Rate is based on the Age of the Covered Life at the first (1st) Withdrawal.

The initial Maximum Protected Annual Withdrawal (MPAW) amount is [(a+b) x c] where a, b, and c are the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) The applicable Maximum Protected Annual Withdrawal (MPAW) Rate;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) The Deferral Credit Rate, if applicable; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) The Protected Benefit Base on the day of the first (1st) Protected Lifetime Withdrawal.

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|:---|:---|:---|
| Form ICC25-GLWP-1 | **AuguStar Life Insurance Company** | Page 4 |

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On any subsequent yearly Benefit Date Anniversary, the Maximum Protected Annual Withdrawal (MPAW) amount will be recalculated if the Protected Benefit Base is increased or decreased from the prior Benefit Date Anniversary.

Any Withdrawal taken after the one (1) Pre-Lifetime Withdrawal will initiate the Protected Lifetime Withdrawal Period and the following will occur:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) Stop the Roll-Up in years which a Withdrawal is taken;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) Stop any future Deferral Credit Rate increases; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) Set the Maximum Protected Annual Withdrawal (MPAW) rate based on the Covered Life's Age.

Once the Protected Lifetime Withdrawal Period has started, the Pre-Lifetime Withdrawal is no longer available to be taken and will be considered waived.

Any Maximum Protected Annual Withdrawal (MPAW) amount not withdrawn in a Benefit Year cannot be carried forward to future Benefit Years. Except when the Contract Value is reduced to zero (0) due to Excess Withdrawals, the Protected Lifetime Income payments will begin when the Contract Value is zero (0).

**Excess Withdrawals**

Excess Withdrawals could reduce future benefits by more than the dollar amount of the Excess Withdrawals and may be subject to Withdrawal Charges.

A Withdrawal is considered an Excess Withdrawal if it is made during the Protected Lifetime Withdrawal Period and the total Withdrawals for the Benefit Year exceeds the MPAW or RMD (where applicable); however, only the excess of total Withdrawals for the Benefit Year over the MPAW or RMD will be considered excess.

Any Excess Withdrawals taken will decrease the Roll-Up Base, Roll-Up Calculation Base, Step-Up Base, the Protected Benefit Base, and the Protected Death Benefit Base by a percentage reduction equal to (a) / (b) where:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) is the amount of the Excess Withdrawal; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) is the Contract Value immediately prior to the Excess Withdrawal.

**Pre-Lifetime Withdrawal**

We permit a one-time only Pre-Lifetime Withdrawal without terminating the Roll-Up or Deferral Credit Rate increases, and without starting the Protected Lifetime Withdrawal Period. This Withdrawal will reduce the Protected Benefit Base, Step-Up Base, Roll-Up Base, the Roll-Up Calculation Base, and the Protected Death Benefit Base by a percentage reduction equal to (a) / (b) where:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) is the amount of the Pre-Lifetime Withdrawal; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) is the Contract Value immediately prior to the Pre-Lifetime Withdrawal.

**DEFERRAL CREDIT RATE**

A Deferral Credit Rate is added to the Maximum Protected Annual Withdrawal (MPAW) Rate if Withdrawals (other than the Pre-Lifetime Withdrawal) are deferred for the Deferral Credit Period(s). The Deferral Credit Rate is only applicable to Protected Benefit Base values attributable to Purchase Payments made in the first (1st) Benefit Year. If Purchase Payments are made after the first (1st) Benefit Year, the Deferral Credit Rate will not apply to Protected Benefit Base values attributable to the Subsequent Purchase Payments.

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|:---|:---|:---|
| Form ICC25-GLWP-1 | **AuguStar Life Insurance Company** | Page 5 |

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**REQUIRED MINIMUM DISTRIBUTIONS (RMD)**

This provision only applies if the Contract is a Qualified Contract and is subject to minimum distribution requirements under the Required Minimum Distribution (RMD) Regulations under the Tax Code. You will receive RMD treatment if:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) the Contract is a Qualified Contract;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) it is subject to the minimum distribution requirements under the RMD Regulations under the IRC;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) it is the calendar year following the year in which You reach the required beginning Age as defined by the
IRC;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4) you provide Us with the prior year's December thirty-first (31st) Contract Value if your Purchase Payments
are funds from another contract;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5) the Protected Lifetime Withdrawal Period has started; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6) the amount of the Withdrawal that receives RMD treatment is calculated by Us.

A Withdrawal in any Benefit Year after You are eligible for RMD treatment will not be an Excess Withdrawal if that Withdrawal does not cause the total Withdrawals to exceed either (a) or (b) where:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) is the remaining MPAW from January first (1st) through the yearly Benefit Date Anniversary; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) is the greater of the MPAW and the RMD, from the yearly Benefit Date Anniversary through December thirty-first (31st).

On or before January twenty-fifth (25th) of any calendar year once You have qualified for RMD treatment as described above, You may elect monthly RMD treatment by providing notice to Us In Writing on or before January twenty-fifth (25th) of that calendar year. Once monthly RMD treatment is elected, any Withdrawal will be deemed an Excess Withdrawal if the amount withdrawn in any month exceeds the greater of one-twelfth (1/12th) of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) Your MPAW; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) Your RMD for each calendar year starting with the calendar year in which You elect the monthly treatment.

Once You elect monthly RMD treatment, You cannot revoke it. In each calendar year after You elect monthly RMD treatment, You must take Your monthly Withdrawal on the same day each month. The day You select for Your monthly Withdrawals must be on or before the twenty-fifth (25th) day of each month. If the day You have selected to receive monthly payments is not a Business Day, We will make the payment on the next Business Day. You may, by notice to Us In Writing, elect not to make one or more monthly Withdrawals after You elect monthly RMD treatment. If You do not take a Withdrawal in a month, You may not take that Withdrawal in any other month. If You do so, that Withdrawal will be considered an Excess Withdrawal.

We reserve the right to modify or eliminate the RMD treatment for Withdrawals if there is any change to the IRC relating to RMDs. If We exercise this right to modify or eliminate the RMD treatment for Withdrawals then any distribution in excess of Your revised RMD, if any, or MPAW will be an Excess Withdrawal. We will provide You prior Written notice of any change in the RMD treatment for Withdrawals, when practicable.

If You have purchased a benefit that provides RMD treatment, a Withdrawal will be exempted from Withdrawal Charges if applicable, if it meets the necessary criteria under the terms of the benefit or under this provision. However, this Contract provision has no bearing on the effects to this benefit and any such Withdrawal.

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|:---|:---|:---|
| Form ICC25-GLWP-1 | **AuguStar Life Insurance Company** | Page 6 |

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**Protected Lifetime Income Period**

This Benefit will enter the Protected Lifetime Income Period, provided that the Protected Benefit Base is greater than zero (0), on the earlier of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) the Benefit Date Anniversary immediately following the Annuitant's birthday for the Latest Annuity Payout Date; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) the date that the Contract Value is reduced to zero (0) (other than by an Excess Withdrawal).

When this Benefit enters the Protected Lifetime Income Period, You will immediately receive a payment equal to the excess, if any, of the then current MPAW over the total Withdrawals already taken during the Benefit Year. However, if You are making Systematic Withdrawals, the payments will continue until the MPAW for the Benefit Year has been reached. If the Systematic Withdrawals as scheduled will not exhaust the MPAW for the Benefit Year, You will immediately receive a payment equal to the excess of the then current MPAW over the total of Withdrawals already taken during the Benefit Year and those scheduled to continue for the remainder of the Benefit Year.

Thereafter, You will begin receiving the Protected Lifetime Income on the first (1st) day of the month following the yearly Benefit Date Anniversary of the Protected Lifetime Income Period payable until the Annuitant's death. Each monthly payment will equal one-twelfth (1/12th) of the then current MPAW.

Once this Benefit has entered the Protected Lifetime Income Period, the terms of the Contract will be adjusted as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) the Contract will provide only the benefits provided within and You will not be able to make any Withdrawals other than payments under
the Protected Lifetime Withdrawal; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) all other benefits attached to the Contract will terminate unless otherwise stated in any such benefit.

Upon the Latest Annuity Payout Date you may elect to receive either an Annuity Payment Option available in your contract, or the MPAW Rate for the remainder of the Annuitant's Life, if the Lifetime Withdrawal Period has begun. If the Lifetime Withdrawal Period has not been entered into and the continuation of the MPAW has been elected the MPAW Rate will be set based on the Annuitant's Age at that time of election.

**PROTECTED FIXED ACCOUNT VALUE**

On the Benefit Date, a Protected Fixed Account will be made available, and this Benefit will have investment allocation requirements of Purchase Payment amounts into this Fixed Account. On any date after the Benefit Date, the Protected Fixed Account Value is equal to:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) The sum of all Purchase Payments paid and allocated to the Protected Fixed Account;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) Plus, any transfers from a Variable Portfolio to the Protected Fixed Account;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) Plus, any interest credited;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4) Minus any Withdrawals and Optional Benefit Fee.

Each Purchase Payment will receive an initial fixed interest rate which will apply for an interest rate guarantee period. After the first (1st) Benefit Year the interest rate may be changed annually but will never be lower than the Guaranteed Minimum Interest Rate of the Fixed Account rider.

**INVESTMENT ALLOCATION AND TRANSFER RESTRICTIONS**

Requirements on Purchase Payment(s) to investment allocations among Variable Portfolio options and the Protected Fixed Account will be in effect on the Benefit Date in conjunction with this Benefit.

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|:---|:---|:---|
| Form ICC25-GLWP-1 | **AuguStar Life Insurance Company** | Page 7 |

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We also reserve the right to restrict allocations to Variable Portfolio options in which the Owner is already invested after the election of this Benefit. We may substitute Variable Portfolio options available to the Owner in the event any previous Variable Portfolio option(s) are no longer available to the Separate Account available, or Our management determines that any previous option(s) are no longer appropriate for the purposes of the Contract or this Benefit. The Owner will be notified In Writing of any changes to the Variable Portfolio options.

**PROTECTED DEATH BENEFIT BASE**

The initial Protected Death Benefit Base is equal to initial Purchase Payments. The Protected Death Benefit Base will increase for any Purchase Payments by the dollar amount and will be reduced proportionally for the Pre-Lifetime Withdrawal or Excess Withdrawals. The Protected Death Benefit Base will not be reduced for Protected Lifetime Withdrawals and Withdrawals that receive RMD Treatment.

When the Contract enters the Protected Lifetime Income Period and/or if the Contract Value equals zero (0), the Protected Death Benefit Base no longer applies.

When the Covered Life dies, if the Protected Death Benefit Base is still in effect, the Beneficiary will receive the Protected Death Benefit that equal to the maximum of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the Contract Value; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) the Protected Death Benefit Base.

**Protected Death Benefit Fee**

The initial Protected Death Benefit Fee is in effect on the Benefit Date. The Protected Death Benefit Fee is calculated by multiplying the Protected Death Benefit Fee rate by the Protected Death Benefit Base as of the end of each quarterly Benefit Date Anniversary.

The Protected Death Benefit Fee rate is an annualized rate that will be assessed and deducted on a quarterly basis. The fee will be deducted proportionally from any elected Variable Portfolios and the Protected Fixed Account. A prorated charge for any partially completed Benefit Year may also be deducted upon Full Withdrawal, death of the Annuitant, termination of this Benefit, or when Protected Lifetime Income payments begin.

After the Protected Death Benefit Charge Freeze Period, We may change the Protected Death Benefit Fee on any Anniversary, by the Maximum Annual Protected Death Benefit Fee Adjustment but will not exceed the Maximum Protected Death Benefit Fee. You will be notified if the Protected Death Benefit Fee changes and cannot opt out of this fee change.

**REPORT**

Prior to the Protected Lifetime Withdrawal Period, we will provide you with a report at least once each Contract Year that includes the initial Protected Benefit Base and the MPAW amount for the earliest Protected Lifetime Withdrawal Period.

After the Protected Lifetime Withdrawal Period has begun the annual report will include the MPAW amount.

**DEATH OF A COVERED LIFE**

Upon the death of the Covered Life during the Protected Lifetime Income Period the Benefit will terminate without value.

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|:---|:---|:---|
| Form ICC25-GLWP-1 | **AuguStar Life Insurance Company** | Page 8 |

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**SPOUSAL CONTINUATION**

If the Spousal Continuation rider is exercised and the conditions of the rider are met it may be possible to continue the Contract. Spousal Continuation of a single Covered Life would continue the Contract and this Optional Benefit would terminate. Please reference the Spousal Continuation rider for further details regarding the impact of Spousal Continuation on the values of this Optional Benefit.

**CANCELLATION**

This Benefit can be cancelled by providing Written notice to Us within the Benefit Cancellation Window. Once the Benefit is cancelled no additional charges will be assessed, and the Benefit cannot be reinstated.

**TERMINATION**

This Benefit ends upon the earliest of the following:

&nbsp;&nbsp;&nbsp;&nbsp;(1) the date the Contract is terminated in accordance with its terms, unless otherwise provided in this Benefit;

&nbsp;&nbsp;&nbsp;&nbsp;(2) a full Withdrawal of the Contract Value;

&nbsp;&nbsp;&nbsp;&nbsp;(3) if an Excess Withdrawal or Pre-Lifetime Withdrawal reduces the Protected Benefit Base to zero (0);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4) receipt of Due Proof of death of the Covered Life;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5) the effective date of Your request to cancel this Benefit within the Benefit Cancellation Window;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6) Annuitization of the Contract (other than entering the Protected Lifetime Income Period); or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7) if the Owner is changed or the Contract is assigned, this benefit will terminate, except in the following circumstances:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the new Owner or assignee assumes full ownership of the Contract
and is essentially the same person (e.g. an individual ownership changed to a personal revocable trust, a change to the Contract Owner's
spouse during the Contract Owner's lifetime, a change to a court appointed guardian representing the Contract Owner during the
Contract Owner's lifetime, etc.);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) ownership of an IRA or Roth IRA is being changed from one custodian to another, from the Covered Life to a custodian, or from a custodian
to the Covered Life;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) the assignment is for the purpose of effectuating a 1035 exchange of the Contract (i.e., the benefit may continue during the temporary
assignment period and not terminate until the Contract is fully withdrawn); or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) If: (i) the surviving spouse is the sole Beneficiary of the Contract; (ii) We received proof of death but did not receive Written
notice of Spousal Continuation at the same time; and (iii) the only reason for the termination of this Benefit is the death of the Annuitant,
We will reinstate the Benefit if We receive Written notice to exercise a permitted Spousal Continuation rider on or before the Maximum
Spousal Continuation Election Date as shown on the Contract Specification.

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|:---|:---|:---|
| Form ICC25-GLWP-1 | **AuguStar Life Insurance Company** | Page 9 |

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If this Benefit terminates for any reason, the additional charge will also terminate. This Benefit may not be reinstated after termination.

**AUGUSTAR LIFE INSURANCE COMPANY**

![](fp0098597-1_d02.jpg)

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|:---|:---|:---|
| Form ICC25-GLWP-1 | **AuguStar Life Insurance Company** | Page 10 |

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## Exhibit 99.27

**Contract Specifications, Optional Benefits**

Benefit Date: [08/01/2025]

Covered Life: [John Doe]

Covered Life Date of Birth: [08/01/1955]

[Joint Covered Life: [John Doe]]

[Joint Covered Life Date of Birth: [08/01/1955]]

**Optional Benefit Details**

**Maximum Protected Annual Withdrawal (MPAW) Rate:**

---

| | | |
|:---|:---|:---|
| Age Band | Protected Lifetime Withdrawal Period | Protected Lifetime Income Period |
| [45-59 | [3.65% | [3.15% |
| 60-64 | 4.85% | 4.35% |
| 65-69 | 6.20% | 5.70% |
| 70-74 | 6.40% | 5.90% |
| 75-79 | 6.60% | 6.10% |
| 80+] | 6.75%] | 6.25%] |

---

**Deferral Credit Rate:**

---

| | | |
|:---|:---|:---|
| Deferral Credit Period | Protected Lifetime Withdrawal Period | Protected Lifetime Income Period |
| [5-9 | [0.40% | [0.20% |
| 10+] | 0.70%] | 0.35%] |

---

Protected Lifetime Withdrawal Period: [ Date of first Protected Lifetime Withdrawal]

Protected Lifetime Income Period: [Beginning at the earlier of the Contract Value reaching $0 or the Latest Annuity Payout Date]

Benefit Cancellation Window: [Upon 7<sup>th</sup> Contract Anniversary]

Optional Benefit Maximum: [$10 million]

**Purchase Payment Requirements**

Minimum Initial Purchase Payment: $[10,000]

Maximum Initial Purchase Payment: $[1 million] (without prior approval)

Maximum Subsequent Purchase Payments: $[50,000] (Without prior approval)

**Roll-up Information**

Roll-up Rate: [6.00]%

Roll-up Period: [10 Year(s)]

**Step-Up Information**

[Step-up Frequency: [Quarterly]]

Step-up Calculation Date: [Quarterly]

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| | | |
|:---|:---|:---|
| Form ICC25-VGLW-SP | **AuguStar Life Insurance Company** | Page [2] |

---

**Contract Specifications, Optional Benefits Continued**

**Optional Benefit Fees**

Optional Benefit Fee: [1.50%]

Maximum Optional Benefit Fee: [2.50]%

Maximum Annual Optional Benefit Fee Adjustment : [.40%]

Charge Freeze Period: [5 years]

[Protected Death Benefit Fee rate]: [0.5%]

[Maximum Protected Death Benefit Fee: [1.5%]]

[Maximum Annual Protected Death Benefit Fee Adjustment : [0.15%]]

[Protected Death Benefit Charge Freeze Period: [5 Years]]

[Protected Fixed Account Allocation: [20%]]

The Optional Benefit Fee may change after the Charge Freeze Period, subject to the Optional Benefit Fee provisions in your rider.

[The Protected Death Benefit Fee may change after the Charge Freeze Period, subject to the Protected Death Benefit Fee provision in your rider.]

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| | | |
|:---|:---|:---|
| Form ICC25-VGLW-SP | **AuguStar Life Insurance Company** | Page [2] |

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## Exhibit 99.27

---

| | |
|:---|:---|
| <br> **AuguStar Life Insurance Company** | **StarStream**<br> Individual Variable Annuity Application |

---

---

| | | |
|:---|:---|:---|
| **Regular Mail**<br> AuguStar Financial<br> P.O. Box 5308<br> Cincinnati, OH 45201-5308 | **Overnight Delivery**<br> AuguStar Financial<br> 4526 Cornell Rd<br> Blue Ash, OH 45241 | **Fax**: 513.794.4730<br> **E-mail**: <u>documentcenter@augustarfinancial.com</u><br> **Phone**: 888.925.6446<br> **Website**: augustarfinancial.com |

---

**1. Annuitant Information**

Name: ______________________________________________________________________________________________________

Resident Address: ____________________________________ City: ______________________ State: ______ Zip: _____________

Mailing Address: _____________________________________ City: ______________________ State: ______ Zip: _____________

SSN/TIN: ______________________________ Date of Birth: _____________________ Sex: [ ] Male [ ] Female

Email Address: _______________________________________________________________________________________________

Home Phone: ___________________________________________ Mobile Phone: ________________________________________

**Citizenship Information:**

Is the Annuitant a U.S. Citizen? [ ] Yes [ ] No If "No,"provide the Country of Residence __________________________

If non-U.S. Citizen, does the Annuitant have a U.S. Green Card? [ ] Yes [ ] No

**Government Issue ID Information:**

[ ] State Issued Driver's License [ ] State Issued ID Card [ ] Passport [ ] Military ID Card [ ] US Alien Registration Card

[ ] Other: _____________________

Issuing State ________ Issuing Country _________________________ ID Number ___________________ Expiration Date ___________

**2. Owner Information** ***(Complete this section if Owner is different than Annuitant)***

Owner Type: [ ] Individual [ ] Trust [ ] Corporation [ ] Custodian [ ] Other __________________________________________

Name: ______________________________________________________________________________________________________

Resident Address: ____________________________________ City: ________________________ State: ______ Zip: ___________

Mailing Address: _____________________________________ City: ________________________ State: ______ Zip: ___________

SSN/TIN: ______________________________ Date of Birth: _____________________ Sex: [ ] Male [ ] Female

Email Address: _______________________________________________________________________________________________

Home Phone: ___________________________________________ Mobile Phone: ________________________________________

**Citizenship Information:**

Is the Owner a U.S. Citizen? [ ]Yes [ ] No If "No," provide the Country of Residence _______________________________

If non-U.S. Citizen, does the Owner have a U.S. Green Card? [ ] Yes [ ] No

**Government Issue ID Information:**

[ ] State Issued Driver's License [ ] State Issued ID Card [ ] Passport [ ] Military ID Card [ ] US Alien Registration Card

[ ] Other: _____________________

Issuing State _____ Issuing Country _________________________ ID Number ___________________ Expiration Date _____________

FORM ICC25-4900 SSP 1 EFFECTIVE 5/26

**3. Joint Owner Information** ***(Complete if applicable)***

Name: ______________________________________________________________________________________________________

Resident Address: ____________________________________ City: ________________________ State: ______ Zip: ___________

Mailing Address: _____________________________________ City: ________________________ State: ______ Zip: ___________

SSN/TIN: ______________________________ Date of Birth: _____________________ Sex: [ ] Male [ ] Female

Email Address: ______________________________________________________________________________________________

Home Phone: ___________________________________________ Mobile Phone: _______________________________________

Is the Joint Owner the Owner's spouse? [ ] Yes [ ] No If "No," provide their relationship _____________________________

**Citizenship Information:**

Is the Joint Owner a U.S. Citizen? [ ] Yes [ ] No If "No," provide the Country of Residence _____________________________

If non-U.S. Citizen, does the Joint Owner have a U.S. Green Card? [ ] Yes [ ] No

**Government Issue ID Information:**

[ ] State Issued Driver's License [ ] State Issued ID Card [ ] Passport [ ] Military ID Card [ ] US Alien Registration Card

[ ] Other: _____________________

Issuing State _____ Issuing Country _________________________ ID Number ___________________ Expiration Date ______________

**4. Beneficiary Designation**

Complete this section to designate your beneficiary(ies). Please note the following information.

● All beneficiary designations must total 100% (whole percentages). If percentages are left blank, each beneficiary designated will be given an equal share.

● If neither box is checked to designate Primary or Contingent Beneficiary, the beneficiary designated will be considered a Primary Beneficiary.

● Joint Owners will be considered each other's sole Primary Beneficiary and any other beneficiary listed below will be designated as a Contingent Beneficiary.

● For non-naturally owned contracts, if no beneficiary designation is provided below, the beneficiary will default to the Owner.

● If needing to designate more beneficiaries than available spaces below, please include all relevant information in either Section 15, "Special Requests/Instructions," or include a signed letter of instruction.

● The rights of a non-surviving beneficiary will pass to surviving beneficiaries unless otherwise specified in writing at the time you apply for the contract or in a later notice.

**<u>Beneficiary #1</u>**

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| | | |
|:---|:---|:---|
| [ ] Primary Beneficiary | **[ ]** Contingent Beneficiary | Percentage: ___________% |

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Beneficiary Name: ______________________________________________________________________________________________

Address: ____________________________________________ City: ________________________ State: ______ Zip: ____________

Relationship to Annuitant/Owner: _________________________________________________________________________________

Phone Number: ______________________________ Email: ____________________________________________________________

Date of Birth: ________________________________ SSN/TIN: ________________________________________________________

FORM ICC25-4900 SSP 2 EFFECTIVE 05/26

**<u>Beneficiary #2</u>**

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| | | |
|:---|:---|:---|
| [ ] Primary Beneficiary | **[ ]** Contingent Beneficiary | Percentage: ___________% |

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Beneficiary Name: _______________________________________________________________________________________________

Address: ____________________________________________ City: ________________________ State: ______ Zip: _____________

Relationship to Annuitant/Owner: ___________________________________________________________________________________

Phone Number: ______________________________ Email: _____________________________________________________________

Date of Birth: ________________________________ SSN/TIN: _________________________________________________________

**<u>Beneficiary #3</u>**

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| | | |
|:---|:---|:---|
| [ ] Primary Beneficiary | **[ ]** Contingent Beneficiary | Percentage: ___________% |

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Beneficiary Name: ______________________________________________________________________________________________

Address: ____________________________________________ City: ________________________ State: ______ Zip: _____________

Relationship to Annuitant/Owner: __________________________________________________________________________________

Phone Number: ______________________________ Email: ____________________________________________________________

Date of Birth: ________________________________ SSN/TIN: ________________________________________________________

**<u>Beneficiary #4</u>**

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| | | |
|:---|:---|:---|
| [ ] Primary Beneficiary | **[ ]** Contingent Beneficiary | Percentage: ___________% |

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Beneficiary Name: ______________________________________________________________________________________________

Address: ____________________________________________ City: ________________________ State: ______ Zip: ____________

Relationship to Annuitant/Owner: _________________________________________________________________________________

Phone Number: ______________________________ Email: ____________________________________________________________

Date of Birth: ________________________________ SSN/TIN: ________________________________________________________

**<u>Beneficiary # 5</u>**

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| | | |
|:---|:---|:---|
| [ ] Primary Beneficiary | **[ ]** Contingent Beneficiary | Percentage: ___________% |

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Beneficiary Name: ______________________________________________________________________________________________

Address: ____________________________________________ City: ________________________ State: ______ Zip: ____________

Relationship to Annuitant/Owner: __________________________________________________________________________________

Phone Number: ______________________________ Email: ____________________________________________________________

Date of Birth: ________________________________ SSN/TIN: ________________________________________________________

FORM ICC25-4900 SSP 3 EFFECTIVE 05/26

**5. Contract Type** **(*select only one of the following*)**

[ ] Non-Qualified [ ] IRA\* [ ] Roth IRA\* [ ] SEP IRA [ ] SIMPLE IRA [ ] 403(b)/TSA [ ] 401(k) [ ] 457

[ ] Pension/Profit Sharing [ ] Other _____________________

\* If submitting contributions with the application, provide the applicable Tax Year(s) and Amount(s).

Tax Year: _____________ Amount: $______________ Tax Year: _____________ Amount: $______________

**6. Source of Funds**

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| | |
|:---|:---|
| Cash/Wire/Money Settlement (Owner/Agent initiated) | $____________ |
| 1035/Transfer/Direct Rollover (AuguStar initiated) | $____________ |
| Transfer/Indirect Rollover (Owner/Agent initiated) | $____________ |
| Other: ___________________________________ | $____________ |
| **Total Expected Purchase Payment** | $____________ |

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**7. Replacements**

Do you have an existing life insurance policy or an annuity contract? [ ] Yes [ ] No

Will the purchase of this annuity contract replace or change an existing life insurance policy or an annuity contract? [ ] Yes [ ] No

 

*(Depending on the above answers, an applicable state replacement form may be required with this application.)*

 

**8. Optional Benefit Election<sup>1</sup>**

Complete this section to indicate whether an Optional Benefit is to be added to your contract. Please note the following information.

● Please review the rate sheet supplement for Maximum Protected Annual Withdrawal rates, Roll-up rates, Deferral Credits, and Optional Benefit fees.

● For Single Covered Life, the Owner/Annuitant named will be the Covered Life.

● If selecting Joint Covered Life, one covered life must be the Owner and Annuitant, the second covered life must be Owner

● or spousal beneficiary. Both covered lives must be spouses at time of application and meet the age requirements of the Optional Benefit selected.

● When you elect an Optional Benefit, please select Variable Portfolio(s) in Section 9 below.

**<u>Optional Benefits</u><sup>2</sup> (*Select only one of the following*)**

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| | |
|:---|:---|
| [ ] **Level**<br> Provides a consistent level percentage of lifetime income (ages 45-85) | [ ] Single Covered Life<br> [ ] Joint Covered Life<sup>3</sup> |
| [ ] **Protector**<br> Provides a protected death benefit and level lifetime income (ages 45-75) | [ ] Single Covered Life |
| [ ] **Boost**<br> Provides boosted withdrawals early in retirement (ages 45-85) | [ ] Single Covered Life<br> [ ] Joint Covered Life<sup>3</sup> |
| [ ] **Daily**<br> Provides potential additional benefit base growth through Daily step-ups (ages 45-85) | [ ] Single Covered Life<br> [ ] Joint Covered Life<sup>3</sup> |
| [ ] **No Optional Benefit (Default)**<br> I do not wish to elect one of the Optional Benefits listed above. Note – If selecting this option, please complete your Variable Portfolio elections in Section 10. (ages 18-85) | [ ] **No Optional Benefit (Default)**<br> I do not wish to elect one of the Optional Benefits listed above. Note – If selecting this option, please complete your Variable Portfolio elections in Section 10. (ages 18-85) |

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FORM ICC25-4900 SSP 4 EFFECTIVE 05/26

**9. Variable Portfolio Election – With an Optional Benefit**

If an Optional Benefit **<u>is</u>** elected in Section 8, complete this section. Please note the following information when selecting your Variable Portfolio(s).

● You may select either "Option A – Asset Allocation Model Portfolio" made up of Model Portfolios or "Option B - Build Your Own Allocation" based on the available portfolios and investment requirements.

● Your Purchase Payment(s) will be directly allocated to the Variable Portfolio(s) selected below, unless you elect to use the Enhanced Dollar Cost Averaging ("EDCA") program.

● Quarterly rebalancing will be required regardless of which Optional Benefit is selected and will mirror your Variable Portfolio(s) selection below (unless later changed by the Owner, but must meet the applicable investment requirements).

● Future Purchase Payments will automatically be allocated based on your Variable Portfolio(s) selection below (unless later changed by the Owner, but must meet the applicable investment requirements).

● 20% of the Purchase Payment(s) will automatically be allocated to the Protected Fixed Account when an Optional Benefit is selected.

**<u>Enhanced Dollar Cost Averaging ("EDCA") Program</u>**

The EDCA program allows for a transfer of the Contract Value into the selected Variable Portfolio(s) below, over a specified term.

● If a withdrawal is requested during the EDCA term that exceeds the portion of the Contract Value that is allocated to the Variable Portfolio(s), the EDCA program may be discontinued.

● Amounts automatically added to the Protected Fixed Account will not be included in the EDCA program, if elected.

**EDCA Election**

[ ] 6-Month EDCA [ ] 12-Month EDCA

[ ] I do not wish to elect the EDCA program. I understand that my Purchase Payment(s) will be allocated directly according to my selected Variable Portfolio(s) below.

**EDCA Frequency**

[ ] Monthly (Default) [ ] Quarterly

**<u>Variable Portfolio(s)</u>**

Provide your Variable Portfolio elections by completing either Option A or Option B below.

**<u>IMPORTANT NOTE</u>** - 20% of your Purchase Payment will automatically be allocated to the Protected Fixed Account. Below, the remaining 80% of your Purchase Payment will be allocated either into a Model Portfolio or into the Build Your Own Allocation. You will choose one (either Option A or Option B) and the total of that one section needs to equal 100%.

**Option A - Asset Allocation Model Portfolio**

Select your Variable Portfolio(s) based on the available model portfolios below and 100% of your remaining Purchase Payment will automatically be allocated to that option.

**Model Portfolios (*select only one of the following*)**

[ ] 100% AVIP Moderately Conservative Model I

[ ] 100% AVIP Balanced Model I

[ ] 100% AVIP Moderate Growth Model I

FORM ICC25-4900 SSP 5 EFFECTIVE 05/26

**Option B - Build Your Own Allocation**

Select your Variable Portfolio(s) based on the available portfolios below. Allocations within Group 1 and Group 2 must total 100% (may not exceed 25 Variable Portfolios). Allocations must be in whole percentages.

**Group 1 - Fixed Income Options**

You may allocate a minimum of **12.5%** and a maximum of **100%** into the following portfolios:

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|:---|:---|
| ____% AVIP Bond II | ____% Fidelity VIP Government Money Market Svc2 |
| ____% AVIP Core Plus Bond II | ____% PIMCO VIT Income Adv |
| ____% AVIP High Income Bond II | ____% PIMCO VIT Real Return Adv |

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**Group 2 - Equity Options**

You may allocate a minimum of **0%** and a maximum of **87.5%** into the following portfolios:

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|:---|:---|
| ____% American Funds IS<sup>®</sup> Global Growth 4<br> ____% American Funds IS<sup>®</sup> Growth 4<br> ____% American Funds IS<sup>®</sup> Growth-Income 4<br> ____% AVIP AB Mid Cap Core II<br> ____% AVIP Balanced Model I<br> ____% AVIP BlackRock Advantage International Equity II<br> ____% AVIP BlackRock Advantage Large Cap Core II<br> ____% AVIP BlackRock Advantage Large Cap Growth II<br> ____% AVIP BlackRock Advantage Large Cap Value II<br> ____% AVIP BlackRock Balanced Allocation II<br> ____% AVIP Constellation Dynamic Risk Balanced II<br> ____% AVIP Constellation Managed Risk Balanced I<br> ____% AVIP Constellation Managed Risk Growth I<br> ____% AVIP Constellation Managed Risk Moderate Growth I<br> ____% AVIP Growth Model I<br> ____% AVIP Intech U.S. Low Volatility II<br> ____% AVIP Moderate Growth Model I | ____% AVIP Moderately Conservative Model I<br> ____% AVIP Nasdaq-100<sup>®</sup> Index II<br> ____% AVIP S&P 500<sup>®</sup> Index II<br> ____% AVIP S&P MidCap 400<sup>®</sup> Index II<br> ____% Fidelity VIP Contrafund Svc2<br> ____% Fidelity VIP Equity-Income Svc2<br> ____% Fidelity VIP Mid Cap Svc2<br> ____% Franklin Income VIP 4<br> ____% Goldman Sachs VIT US Equity Insights Svc<br> ____% Invesco VI Comstock II<br> ____% Janus Henderson VIT Balanced Svc<br> ____% Janus Henderson VIT Global Research Svc<br> ____% Janus Henderson VIT Overseas Svc<br> ____% Janus Henderson VIT Research Svc<br> ____% MFS VIT Mid Cap Growth Series Svc<br> ____% Nomura VIP Asset Strategy Series Svc |

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**<u>100</u>** % Total Allocation (Allocation selections must equal 100%)

**10. Variable Portfolio Election – Without an Optional Benefit**

If an Optional Benefit **<u>is not</u>** elected in Section 8, complete this section. Please note the following information when selecting your allocations.

● You may select either "Option A - Asset Allocation Model Portfolio" made up of Model Portfolios or "Option B - Build Your Own Allocation" based on available portfolios.

● Future Purchase Payments will automatically be allocated based on your Variable Portfolio(s) selection below (unless later changed by the Owner).

● You may elect to have your Variable Portfolio(s) rebalanced on a selected frequency, see "Portfolio Rebalancing" below.

FORM ICC25-4900 SSP 6 EFFECTIVE 05/26

**<u>Enhanced Dollar Cost Averaging ("EDCA") Program</u>**

The EDCA program allows for a transfer of the Contract Value into the selected Variable Portfolio(s) below, over a specified term.

● If a withdrawal is requested during the EDCA term that exceeds the portion of the Contract Value that is allocated to the Variable Portfolio(s), the EDCA program will be discontinued.

**EDCA Election**

[ ] 6-Month EDCA [ ] 12-Month EDCA

[ ] I do not wish to elect the EDCA program. I understand that my Purchase Payment(s) will be allocated directly according to my selected Variable Portfolio(s) below.

**EDCA Frequency**

[ ] Monthly (Default) [ ] Quarterly

**<u>Variable Portfolio(s)</u>**

Provide your Variable Portfolio elections by completing either Option A or Option B below.

**Option A – Model Portfolio**

Select your Variable Portfolio based on the available model portfolios below.

**Model Portfolios (*select only one of the following*)**

[ ] 100% AVIP Moderately Conservative Model I

[ ] 100% AVIP Balanced Model I

[ ] 100% AVIP Growth Model I

[ ] 100% AVIP Moderate Growth Model I

**Option B - Build Your Own Allocation**

Select your Variable Portfolio(s) based on the available portfolios below. Allocations to each portfolio must be in whole percentages, with the total allocation equaling 100% (may not exceed 25 Variable Portfolios).

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|:---|:---|
| ____% American Funds IS<sup>®</sup> Global Growth 4<br> ____% American Funds IS<sup>®</sup> Growth 4<br> ____% American Funds IS<sup>®</sup> Growth-Income 4<br> ____% AVIP AB Mid Cap Core II<br> ____% AVIP Balanced Model I<br> ____% AVIP BlackRock Advantage International Equity II<br> ____% AVIP BlackRock Advantage Large Cap Core II<br> ____% AVIP BlackRock Advantage Large Cap Growth II<br> ____% AVIP BlackRock Advantage Large Cap Value II<br> ____% AVIP BlackRock Balanced Allocation II<br> ____% AVIP Bond II<br> ____% AVIP Constellation Dynamic Risk Balanced II<br> ____% AVIP Constellation Managed Risk Balanced I<br> ____% AVIP Constellation Managed Risk Growth I<br> ____% AVIP Constellation Managed Risk Moderate Growth I<br> ____% AVIP Core Plus Bond II<br> ____% AVIP Growth Model I<br> ____% AVIP High Income Bond II<br> ____% AVIP Intech U.S. Low Volatility II<br> ____% AVIP Moderate Growth Model I | ____% AVIP Moderately Conservative Model I<br> ____% AVIP Nasdaq-100<sup>®</sup> Index II<br> ____% AVIP S&P 500<sup>®</sup> Index II<br> ____% AVIP S&P MidCap 400<sup>®</sup> Index II<br> ____% Fidelity VIP Contrafund Svc2<br> ____% Fidelity VIP Equity-Income Svc2<br> ____% Fidelity VIP Government Money Market Svc2<br> ____% Fidelity VIP Mid Cap Svc2<br> ____% Franklin Income VIP 4<br> ____% Goldman Sachs VIT US Equity Insights Svc<br> ____% Invesco VI Comstock II<br> ____% Janus Henderson VIT Balanced Svc<br> ____% Janus Henderson VIT Global Research Svc<br> ____% Janus Henderson VIT Overseas Svc<br> ____% Janus Henderson VIT Research Svc<br> ____% MFS VIT Mid Cap Growth Series Svc<br> ____% Nomura VIP Asset Strategy Series Svc<br> ____% PIMCO VIT Income Adv<br> ____% PIMCO VIT Real Return Adv |

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**<u>100</u>** % Total Allocation (Allocation selections must equal 100%)

FORM ICC25-4900 SSP 7 EFFECTIVE 05/26

**<u>Portfolio Rebalancing</u>**

Complete the following if you would like your Variable Portfolio(s) to be rebalanced on a given frequency during the contract year. If you have elected the EDCA program, Purchase Payment(s) allocated to the EDCA Fixed Account will not be included in rebalancing until they are automatically transferred into the Variable Portfolio(s).

**Rebalancing Election**

[ ] I do not wish to elect Portfolio Rebalancing.

[ ] I elect to have Portfolio Rebalancing, based on the Variable Portfolio(s) elected above, on the following frequency:

**Rebalancing Frequency**

[ ] Quarterly [ ] Semi-Annually [ ] Annually

**11. Telephone/Electronic Transaction Authorization**

**Portfolio Transaction Authorization** [ ] Yes [ ] No

By checking "Yes" I/We authorize AuguStar Life Insurance Company to accept instructions to initiate or discontinue systematic Investing options (Rebalancing, Dollar Cost Averaging, Earnings Sweep), or transfer contract values between Investment Options via telephone, internet, or other electronic medium from me, or any Joint Owner, or from my/our Financial Professional, subject to AuguStar Life Insurance Company's administrative procedures.

AuguStar Life Insurance Company will use reasonable procedures to confirm that these instructions are authorized and genuine. As long as these procedures are followed, AuguStar Life Insurance Company, affiliates, directors, trustees, officers, employees, representatives and/or agents, will be held harmless for any claim, liability, loss or cost.

**12. Prospectus Delivery Acknowledgement**

[ ] By checking this box, I acknowledge that when I received the sales kit, I had internet access, I was able to read the prospectus, and I had the opportunity to request a paper copy.

**13. Systematic Withdrawals**

Upon issuance of the contract, would you like to begin taking systematic withdrawals? [ ] Yes [ ] No

If "Yes" is selected, complete Form 10470RMP (StarStream Withdrawal Form).

**14. Fraud Notice/Warning**

Any person who knowingly presents a false statement in an application for insurance may be guilty of a criminal offense and subject to penalties under state law.

**15. Special Requests/Instructions**

FORM ICC25-4900 SSP 8 EFFECTIVE 05/26

**16. Disclosures and Annuitant/Owner(s) Signature(s)**

All statements made in this application are true to the best of my/our knowledge and belief, and the answers to these questions, together with this agreement, are the basis for issuing the contract.

● I/we received, read and understand the Buyer's Guide for Variable Annuities.

● I/we have read the most current prospectus and discussed my/our financial goals, investment options, Purchase Payment requirements, options available, age limits, and any extra fees with a financial professional.

● **I/we agree to all terms and conditions as shown on this application. I/we further agree that this application shall be a part of the annuity contract and verify my/our understanding that all payments and values provided by the contract, when based on the investment experience of the separate account, are variable and not guaranteed as to the dollar amount. The Owner acknowledges receipt of the current prospectus for the separate account(s) applicable to the contract and all available underlying portfolios.** 

● After consulting with my financial professional and reviewing the prospectus, I/we confirm that this Variable Annuity and if applicable, the Optional Benefit elections I/we selected, are suitable for my/our objectives and needs.

● I/we agree that no one, except the President, the Secretary, or a Vice President of AuguStar Life Insurance Company can make or change any contract.

**<u>Patriot Act Disclosure</u>**

**Important Information about procedures for opening a new account or entering into a contract or policy or making a claim.** To help the government fight the funding of terrorism and money laundering activities, federal law requires all financial institutions to

obtain, verify, and record information that identifies each person who opens an account or applies for a contract or policy.

**What does this mean for you?**

When you open an account, apply for a contract or policy or make a claim, we will ask for your name, street address, date of birth and other information that will allow us to identify you. We will also ask for a copy of your driver's license or other identifying documents.

**<u>Substitute W-9 (Tax Certification)</u>**

**Under penalties of perjury, I certify all of the following:**

1. The number shown on this form is my correct identification number (or I am waiting for a number to be issued to me), and

2. I am not subject to backup withholding because: (a) I am exempt from backup withholding, or (b) I have not been notified by the Internal
Revenue Service (IRS) that I am subject to backup withholding as a result of a failure to report all interest or dividends, or (c) the
IRS has notified me that I am no longer subject to backup withholding, and

3. a. I am a U.S. citizen or U.S. resident, alien, or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. A partnership, corporation, company or organization created or organized in the United States or under the laws of the United States, or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. An estate (other than a foreign estate), or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. A domestic trust (as defined under Regulations section 301.7701-7), and

4. I am exempt from FATCA reporting.

**<u>Annuitant/Owner Signature(s)</u>**

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| | | |
|:---|:---|:---|
| Annuitant's Signature | Date | Sign State |
| Owner's Signature | Date | Sign State |
| Joint Owner's Signature | Date | Sign State |

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FORM ICC25-4900 SSP 9 EFFECTIVE 05/26

\* I hereby certify that I, the above-signed, am the Owner of this annuity contract or, if the contract is trust, custodial, corporate or partnership owned, that I am an authorized signatory thereof and that this request is being submitted in my capacity as an authorized signatory of the trust, custodial account, corporation or partnership. The above-signed hereby agrees, for ourselves, and, if any, our subsidiaries, agents, employees and directors at all times to indemnify and hold harmless AuguStar Life Insurance Company each of its subsidiaries, agents, employees and directors against any and all claims, liabilities, damages, demands, actions, controversies, charges, expenses and losses sustained or incurred by actions in making the change requested above and release the same from any liability arising from the execution of this transaction.

**17. Statement of Financial Professional(s)**

**<u>Replacement Questions</u>**

Does the applicant have an existing life insurance policy or an annuity contract? [ ] Yes [ ] No

Will the purchase of this annuity contract replace or change an existing life insurance policy or an annuity contract? [ ] Yes [ ] No

**<u>Certifications and Acknowledgements</u>**

1. I am authorized and qualified to discuss the contract herein applied for.

2. I have reviewed the applicant's information and believe that recommending this annuity aligns with the applicant's financial
needs and meets the required standard of case (i.e. suitability or best interest). I have provided all the necessary information to help
the applicant make an informed decision, including the potential risks. Based on my completion of the general annuity and/or AuguStar
Life Insurance Company product training. I believe this transaction is suitable and in the best interest of the applicant given their
financial situation.

3. I acknowledge that I have received AuguStar Life Insurance Company's position statement regarding the acceptability of replacements
and guidance as to the appropriateness of these transactions and confirm that any replacement transaction is in accord with AuguStar Life
Insurance Company's position and guidance.

4. The applicant's statements regarding existing annuity contracts and whether or not an existing annuity contract is being replaced
or changed has been answered correctly to the best of my knowledge and belief.

5. I have discussed with and provided a list to the applicant of all applicable limitations to Variable Portfolios, Protected Fixed Account,
EDCA Fixed Account and/or Optional Benefits currently available for election.

6. I have obtained prior approval from the soliciting broker-dealer to submit this application to AuguStar Life Insurance Company.

**<u>Commission Option (*select only one of the following, please contact your home office for available options*)</u>**

[ ] Option 1 (**Default**) [ ] Option 2 [ ] Option 3 [ ] Option 4

**<u>Financial Professional #1</u>**

Financial Professional Name ________________________________________________ License Number ________________________

Broker/Dealer Name ______________________________________________________ AuguStar Agency Code ___________________

Email Address __________________________________________ Phone Number ________________________ Split ______________%

Signature __________________________________________________________________ Date _______________________________

**<u>Financial Professional #2</u>**

Financial Professional Name ________________________________________________ License Number _________________________

Broker/Dealer Name ______________________________________________________ AuguStar Agency Code ____________________

Email Address __________________________________________ Phone Number ________________________ Split _______________%

Signature __________________________________________________________________ Date ________________________________

FORM ICC25-4900 SSP 10 EFFECTIVE 05/26

**<u>Financial Professional #3</u>**

Financial Professional Name ________________________________________________ License Number _________________________

Broker/Dealer Name ______________________________________________________ AuguStar Agency Code ____________________

Email Address __________________________________________ Phone Number ________________________ Split _______________%

Signature __________________________________________________________________ Date ________________________________

**<u>Brokerage Account Number</u>**

Linking/BIN/Brokerage Account Number (if applicable): ______________________________________

**18. Additional Information & Disclosures**

<sup>1</sup> Optional Benefits are available for an additional charge and may not be changed once elected. Feature availability may be limited by state and/or selling firm.

<sup>2</sup> For Non-Qualified contracts, the Owner and Annuitant must be the same person if an Optional Benefit is elected.

<sup>3</sup> When electing a Joint Covered Life Option, the Annuitant's spouse must be named as the Joint Owner on Non-Qualified contracts and as the 100% primary beneficiary on Qualified contracts. Please ensure the Primary Beneficiary section is properly completed.

FORM ICC25-4900 SSP 11 EFFECTIVE 05/26

## Exhibit 99.27

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| | |
|:---|:---|
| <br> **AuguStar Life Insurance Company** | **StarStream**<br> Individual Variable Annuity Application |

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| | | |
|:---|:---|:---|
| **Regular Mail**<br> AuguStar Financial<br> P.O. Box 5308<br> Cincinnati, OH 45201-5308 | **Overnight Delivery**<br> AuguStar Financial<br> 4526 Cornell Rd<br> Blue Ash, OH 45241 | **Fax**: 513.794.4730<br> **E-mail**: <u>documentcenter@augustarfinancial.com</u><br> **Phone**: 888.925.6446<br> **Website**: augustarfinancial.com |

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**1. Annuitant Information**

Name: ______________________________________________________________________________________________________

Resident Address: ____________________________________ City: ______________________ State: ______ Zip: _____________

Mailing Address: _____________________________________ City: ______________________ State: ______ Zip: _____________

SSN/TIN: ______________________________ Date of Birth: _____________________ Sex: [ ] Male [ ] Female

Email Address: _______________________________________________________________________________________________

Home Phone: ___________________________________________ Mobile Phone: ________________________________________

**Citizenship Information:**

Is the Annuitant a U.S. Citizen? [ ] Yes [ ] No If "No,"provide the Country of Residence __________________________

If non-U.S. Citizen, does the Annuitant have a U.S. Green Card? [ ] Yes [ ] No

**Government Issue ID Information:**

[ ] State Issued Driver's License [ ] State Issued ID Card [ ] Passport [ ] Military ID Card [ ] US Alien Registration Card

[ ] Other: _____________________

Issuing State ________ Issuing Country _________________________ ID Number ___________________ Expiration Date ___________

**2. Owner Information** ***(Complete this section if Owner is different than Annuitant)***

Owner Type: [ ] Individual [ ] Trust [ ] Corporation [ ] Custodian [ ] Other __________________________________________

Name: ______________________________________________________________________________________________________

Resident Address: ____________________________________ City: ________________________ State: ______ Zip: ___________

Mailing Address: _____________________________________ City: ________________________ State: ______ Zip: ___________

SSN/TIN: ______________________________ Date of Birth: _____________________ Sex: [ ] Male [ ] Female

Email Address: _______________________________________________________________________________________________

Home Phone: ___________________________________________ Mobile Phone: ________________________________________

**Citizenship Information:**

Is the Owner a U.S. Citizen? [ ]Yes [ ] No If "No," provide the Country of Residence _______________________________

If non-U.S. Citizen, does the Owner have a U.S. Green Card? [ ] Yes [ ] No

**Government Issue ID Information:**

[ ] State Issued Driver's License [ ] State Issued ID Card [ ] Passport [ ] Military ID Card [ ] US Alien Registration Card

[ ] Other: _____________________

Issuing State _____ Issuing Country _________________________ ID Number ___________________ Expiration Date _____________

FORM ICC25-4900 STS 1 EFFECTIVE 5/26

**3. Joint Owner Information** ***(Complete if applicable)***

Name: ______________________________________________________________________________________________________

Resident Address: ____________________________________ City: ________________________ State: ______ Zip: ___________

Mailing Address: _____________________________________ City: ________________________ State: ______ Zip: ___________

SSN/TIN: ______________________________ Date of Birth: _____________________ Sex: [ ] Male [ ] Female

Email Address: ______________________________________________________________________________________________

Home Phone: ___________________________________________ Mobile Phone: _______________________________________

Is the Joint Owner the Owner's spouse? [ ] Yes [ ] No If "No," provide their relationship _____________________________

**Citizenship Information:**

Is the Joint Owner a U.S. Citizen? [ ] Yes [ ] No If "No," provide the Country of Residence ____________________________

If non-U.S. Citizen, does the Joint Owner have a U.S. Green Card? [ ] Yes [ ] No

**Government Issue ID Information:**

[ ] State Issued Driver's License [ ] State Issued ID Card [ ] Passport [ ] Military ID Card [ ] US Alien Registration Card

[ ] Other: _____________________

Issuing State _____ Issuing Country _________________________ ID Number ___________________ Expiration Date ______________

**4. Beneficiary Designation**

Complete this section to designate your beneficiary(ies). Please note the following information.

● All beneficiary designations must total 100% (whole percentages). If percentages are left blank, each beneficiary designated will be given an equal share.

● If neither box is checked to designate Primary or Contingent Beneficiary, the beneficiary designated will be considered a Primary Beneficiary.

● Joint Owners will be considered each other's sole Primary Beneficiary and any other beneficiary listed below will be designated as a Contingent Beneficiary.

● For non-naturally owned contracts, if no beneficiary designation is provided below, the beneficiary will default to the Owner.

● If needing to designate more beneficiaries than available spaces below, please include all relevant information in either Section 15, "Special Requests/Instructions," or include a signed letter of instruction.

● The rights of a non-surviving beneficiary will pass to surviving beneficiaries unless otherwise specified in writing at the time you apply for the contract or in a later notice.

**<u>Beneficiary #1</u>**

---

| | | |
|:---|:---|:---|
| [ ] Primary Beneficiary | **[ ]** Contingent Beneficiary | Percentage: ___________% |

---

Beneficiary Name: ______________________________________________________________________________________________

Address: ____________________________________________ City: ________________________ State: ______ Zip: ____________

Relationship to Annuitant/Owner: _________________________________________________________________________________

Phone Number: ______________________________ Email: ____________________________________________________________

Date of Birth: ________________________________ SSN/TIN: ________________________________________________________

FORM ICC25-4900 STS 2 EFFECTIVE 05/26

**<u>Beneficiary #2</u>**

---

| | | |
|:---|:---|:---|
| [ ] Primary Beneficiary | **[ ]** Contingent Beneficiary | Percentage: ___________% |

---

Beneficiary Name: _______________________________________________________________________________________________

Address: ____________________________________________ City: ________________________ State: ______ Zip: _____________

Relationship to Annuitant/Owner: ___________________________________________________________________________________

Phone Number: ______________________________ Email: _____________________________________________________________

Date of Birth: ________________________________ SSN/TIN: _________________________________________________________

**<u>Beneficiary #3</u>**

---

| | | |
|:---|:---|:---|
| [ ] Primary Beneficiary | **[ ]** Contingent Beneficiary | Percentage: ___________% |

---

Beneficiary Name: ______________________________________________________________________________________________

Address: ____________________________________________ City: ________________________ State: ______ Zip: _____________

Relationship to Annuitant/Owner: __________________________________________________________________________________

Phone Number: ______________________________ Email: ____________________________________________________________

Date of Birth: ________________________________ SSN/TIN: ________________________________________________________

**<u>Beneficiary #4</u>**

---

| | | |
|:---|:---|:---|
| [ ] Primary Beneficiary | **[ ]** Contingent Beneficiary | Percentage: ___________% |

---

Beneficiary Name: ______________________________________________________________________________________________

Address: ____________________________________________ City: ________________________ State: ______ Zip: ____________

Relationship to Annuitant/Owner: _________________________________________________________________________________

Phone Number: ______________________________ Email: ____________________________________________________________

Date of Birth: ________________________________ SSN/TIN: ________________________________________________________

**<u>Beneficiary # 5</u>**

---

| | | |
|:---|:---|:---|
| [ ] Primary Beneficiary | **[ ]** Contingent Beneficiary | Percentage: ___________% |

---

Beneficiary Name: ______________________________________________________________________________________________

Address: ____________________________________________ City: ________________________ State: ______ Zip: ____________

Relationship to Annuitant/Owner: __________________________________________________________________________________

Phone Number: ______________________________ Email: ____________________________________________________________

Date of Birth: ________________________________ SSN/TIN: ________________________________________________________

FORM ICC25-4900 STS 3 EFFECTIVE 05/26

**5. Contract Type** **(*select only one of the following*)**

[ ] Non-Qualified [ ] IRA\* [ ] Roth IRA\* [ ] SEP IRA [ ] SIMPLE IRA [ ] 403(b)/TSA [ ] 401(k) [ ] 457

[ ] Pension/Profit Sharing [ ] Other _____________________

\* If submitting contributions with the application, provide the applicable Tax Year(s) and Amount(s).

Tax Year: _____________ Amount: $______________ Tax Year: _____________ Amount: $______________

**6. Source of Funds**

---

| | |
|:---|:---|
| Cash/Wire/Money Settlement (Owner/Agent initiated) | $____________ |
| 1035/Transfer/Direct Rollover (AuguStar initiated) | $____________ |
| Transfer/Indirect Rollover (Owner/Agent initiated) | $____________ |
| Other: ___________________________________ | $____________ |
| **Total Expected Purchase Payment** | $____________ |

---

**7. Replacements**

Do you have an existing life insurance policy or an annuity contract? [ ] Yes [ ] No

Will the purchase of this annuity contract replace or change an existing life insurance policy or an annuity contract? [ ] Yes [ ] No

 

*(Depending on the above answers, an applicable state replacement form may be required with this application.)*

 

**8. Optional Benefit Election<sup>1</sup>**

Complete this section to indicate whether an Optional Benefit is to be added to your contract. Please note the following information.

● Please review the rate sheet supplement for Maximum Protected Annual Withdrawal rates, Roll-up rates, Deferral Credits, and Optional Benefit fees.

● For Single Covered Life, the Owner/Annuitant named will be the Covered Life.

● If selecting Joint Covered Life, one covered life must be the Owner and Annuitant, the second covered life must be Owner

● or spousal beneficiary. Both covered lives must be spouses at time of application and meet the age requirements of the Optional Benefit selected.

● When you elect an Optional Benefit, please select Variable Portfolio(s) in Section 9 below.

**<u>Optional Benefits</u><sup>2</sup> (*Select only one of the following*)**

---

| | |
|:---|:---|
| [ ] **Level**<br> Provides a consistent level percentage of lifetime income (ages 45-85) | [ ] Single Covered Life<br> [ ] Joint Covered Life<sup>3</sup> |
| [ ] **Protector**<br> Provides a protected death benefit and level lifetime income (ages 45-75) | [ ] Single Covered Life |
| [ ] **Boost**<br> Provides boosted withdrawals early in retirement (ages 45-85) | [ ] Single Covered Life<br> [ ] Joint Covered Life<sup>3</sup> |
| [ ] **Daily**<br> Provides potential additional benefit base growth through Daily step-ups (ages 45-85) | [ ] Single Covered Life<br> [ ] Joint Covered Life<sup>3</sup> |
| [ ] **No Optional Benefit (Default)**<br> I do not wish to elect one of the Optional Benefits listed above. Note – If selecting this option, please complete your Variable Portfolio elections in Section 10. (ages 18-85) | [ ] **No Optional Benefit (Default)**<br> I do not wish to elect one of the Optional Benefits listed above. Note – If selecting this option, please complete your Variable Portfolio elections in Section 10. (ages 18-85) |

---

FORM ICC25-4900 STS 4 EFFECTIVE 05/26

**9. Variable Portfolio Election – With an Optional Benefit**

If an Optional Benefit **<u>is</u>** elected in Section 8, complete this section. Please note the following information when selecting your Variable Portfolio(s).

● You may select either "Option A – Asset Allocation Model Portfolio" made up of Model Portfolios or "Option B - Build Your Own Allocation" based on the available portfolios and investment requirements.

● Your Purchase Payment(s) will be directly allocated to the Variable Portfolio(s) selected below, unless you elect to use the Enhanced Dollar Cost Averaging ("EDCA") program.

● Quarterly rebalancing will be required regardless of which Optional Benefit is selected and will mirror your Variable Portfolio(s) selection below (unless later changed by the Owner, but must meet the applicable investment requirements).

● Future Purchase Payments will automatically be allocated based on your Variable Portfolio(s) selection below (unless later changed by the Owner, but must meet the applicable investment requirements).

● 20% of the Purchase Payment(s) will automatically be allocated to the Protected Fixed Account when an Optional Benefit is selected.

**<u>Enhanced Dollar Cost Averaging ("EDCA") Program</u>**

The EDCA program allows for a transfer of the Contract Value into the selected Variable Portfolio(s) below, over a specified term.

● If a withdrawal is requested during the EDCA term that exceeds the portion of the Contract Value that is allocated to the Variable Portfolio(s), the EDCA program may be discontinued.

● Amounts automatically added to the Protected Fixed Account will not be included in the EDCA program, if elected.

**EDCA Election**

[ ] 6-Month EDCA [ ] 12-Month EDCA

[ ] I do not wish to elect the EDCA program. I understand that my Purchase Payment(s) will be allocated directly according to my selected Variable Portfolio(s) below.

**EDCA Frequency**

[ ] Monthly (Default) [ ] Quarterly

**<u>Variable Portfolio(s)</u>**

Provide your Variable Portfolio elections by completing either Option A or Option B below.

**<u>IMPORTANT NOTE</u>** - 20% of your Purchase Payment will automatically be allocated to the Protected Fixed Account. Below, the remaining 80% of your Purchase Payment will be allocated either into a Model Portfolio or into the Build Your Own Allocation. You will choose one (either Option A or Option B) and the total of that one section needs to equal 100%.

**Option A - Asset Allocation Model Portfolio**

Select your Variable Portfolio(s) based on the available model portfolios below and 100% of your remaining Purchase Payment will automatically be allocated to that option.

**Model Portfolios (*select only one of the following*)**

[ ] 100% AVIP Moderately Conservative Model I

[ ] 100% AVIP Balanced Model I

[ ] 100% AVIP Moderate Growth Model I

FORM ICC25-4900 STS 5 EFFECTIVE 05/26

**Option B - Build Your Own Allocation**

Select your Variable Portfolio(s) based on the available portfolios below. Allocations within Group 1 and Group 2 must total 100% (may not exceed 25 Variable Portfolios). Allocations must be in whole percentages.

**Group 1 - Fixed Income Options**

You may allocate a minimum of **12.5%** and a maximum of **100%** into the following portfolios:

---

| | |
|:---|:---|
| ____% AVIP Bond II | ____% Fidelity VIP Government Money Market Svc2 |
| ____% AVIP Core Plus Bond II | ____% PIMCO VIT Income Adv |
| ____% AVIP High Income Bond II | ____% PIMCO VIT Real Return Adv |

---

**Group 2 - Equity Options**

You may allocate a minimum of **0%** and a maximum of **87.5%** into the following portfolios:

---

| | |
|:---|:---|
| ____% American Funds IS<sup>®</sup> Global Growth 4<br> ____% American Funds IS<sup>®</sup> Growth 4<br> ____% American Funds IS<sup>®</sup> Growth-Income 4<br> ____% AVIP AB Mid Cap Core II<br> ____% AVIP Balanced Model I<br> ____% AVIP BlackRock Advantage International Equity II<br> ____% AVIP BlackRock Advantage Large Cap Core II<br> ____% AVIP BlackRock Advantage Large Cap Growth II<br> ____% AVIP BlackRock Advantage Large Cap Value II<br> ____% AVIP BlackRock Balanced Allocation II<br> ____% AVIP Constellation Dynamic Risk Balanced II<br> ____% AVIP Constellation Managed Risk Balanced I<br> ____% AVIP Constellation Managed Risk Growth I<br> ____% AVIP Constellation Managed Risk Moderate Growth I<br> ____% AVIP Growth Model I<br> ____% AVIP Intech U.S. Low Volatility II<br> ____% AVIP Moderate Growth Model I | ____% AVIP Moderately Conservative Model I<br> ____% AVIP Nasdaq-100<sup>®</sup> Index II<br> ____% AVIP S&P 500<sup>®</sup> Index II<br> ____% AVIP S&P MidCap 400<sup>®</sup> Index II<br> ____% Fidelity VIP Contrafund Svc2<br> ____% Fidelity VIP Equity-Income Svc2<br> ____% Fidelity VIP Mid Cap Svc2<br> ____% Franklin Income VIP 4<br> ____% Goldman Sachs VIT US Equity Insights Svc<br> ____% Invesco VI Comstock II<br> ____% Janus Henderson VIT Balanced Svc<br> ____% Janus Henderson VIT Global Research Svc<br> ____% Janus Henderson VIT Overseas Svc<br> ____% Janus Henderson VIT Research Svc<br> ____% MFS VIT Mid Cap Growth Series Svc<br> ____% Nomura VIP Asset Strategy Series Svc |

---

**<u>100</u>** % Total Allocation (Allocation selections must equal 100%)

**10. Variable Portfolio Election – Without an Optional Benefit**

If an Optional Benefit **<u>is not</u>** elected in Section 8, complete this section. Please note the following information when selecting your allocations.

● You may select either "Option A - Asset Allocation Model Portfolio" made up of Model Portfolios or "Option B - Build Your Own Allocation" based on available portfolios.

● Future Purchase Payments will automatically be allocated based on your Variable Portfolio(s) selection below (unless later changed by the Owner).

● You may elect to have your Variable Portfolio(s) rebalanced on a selected frequency, see "Portfolio Rebalancing" below.

FORM ICC25-4900 STS 6 EFFECTIVE 05/26

**<u>Enhanced Dollar Cost Averaging ("EDCA") Program</u>**

The EDCA program allows for a transfer of the Contract Value into the selected Variable Portfolio(s) below, over a specified term.

● If a withdrawal is requested during the EDCA term that exceeds the portion of the Contract Value that is allocated to the Variable Portfolio(s), the EDCA program will be discontinued.

**EDCA Election**

[ ] 6-Month EDCA [ ] 12-Month EDCA

[ ] I do not wish to elect the EDCA program. I understand that my Purchase Payment(s) will be allocated directly according to my selected Variable Portfolio(s) below.

**EDCA Frequency**

[ ] Monthly (Default) [ ] Quarterly

**<u>Variable Portfolio(s)</u>**

Provide your Variable Portfolio elections by completing either Option A or Option B below.

**Option A – Model Portfolio**

Select your Variable Portfolio based on the available model portfolios below.

**Model Portfolios (*select only one of the following*)**

[ ] 100% AVIP Moderately Conservative Model I

[ ] 100% AVIP Balanced Model I

[ ] 100% AVIP Growth Model I

[ ] 100% AVIP Moderate Growth Model I

**Option B - Build Your Own Allocation**

Select your Variable Portfolio(s) based on the available portfolios below. Allocations to each portfolio must be in whole percentages, with the total allocation equaling 100% (may not exceed 25 Variable Portfolios).

---

| | |
|:---|:---|
| ____% American Funds IS<sup>®</sup> Global Growth 4<br> ____% American Funds IS<sup>®</sup> Growth 4<br> ____% American Funds IS<sup>®</sup> Growth-Income 4<br> ____% AVIP AB Mid Cap Core II<br> ____% AVIP Balanced Model I<br> ____% AVIP BlackRock Advantage International Equity II<br> ____% AVIP BlackRock Advantage Large Cap Core II<br> ____% AVIP BlackRock Advantage Large Cap Growth II<br> ____% AVIP BlackRock Advantage Large Cap Value II<br> ____% AVIP BlackRock Balanced Allocation II<br> ____% AVIP Bond II<br> ____% AVIP Constellation Dynamic Risk Balanced II<br> ____% AVIP Constellation Managed Risk Balanced I<br> ____% AVIP Constellation Managed Risk Growth I<br> ____% AVIP Constellation Managed Risk Moderate Growth I<br> ____% AVIP Core Plus Bond II<br> ____% AVIP Growth Model I<br> ____% AVIP High Income Bond II<br> ____% AVIP Intech U.S. Low Volatility II<br> ____% AVIP Moderate Growth Model I | ____% AVIP Moderately Conservative Model I<br> ____% AVIP Nasdaq-100<sup>®</sup> Index II<br> ____% AVIP S&P 500<sup>®</sup> Index II<br> ____% AVIP S&P MidCap 400<sup>®</sup> Index II<br> ____% Fidelity VIP Contrafund Svc2<br> ____% Fidelity VIP Equity-Income Svc2<br> ____% Fidelity VIP Government Money Market Svc2<br> ____% Fidelity VIP Mid Cap Svc2<br> ____% Franklin Income VIP 4<br> ____% Goldman Sachs VIT US Equity Insights Svc<br> ____% Invesco VI Comstock II<br> ____% Janus Henderson VIT Balanced Svc<br> ____% Janus Henderson VIT Global Research Svc<br> ____% Janus Henderson VIT Overseas Svc<br> ____% Janus Henderson VIT Research Svc<br> ____% MFS VIT Mid Cap Growth Series Svc<br> ____% Nomura VIP Asset Strategy Series Svc<br> ____% PIMCO VIT Income Adv<br> ____% PIMCO VIT Real Return Adv |

---

**<u>100</u>** % Total Allocation (Allocation selections must equal 100%)

FORM ICC25-4900 STS 7 EFFECTIVE 05/26

**<u>Portfolio Rebalancing</u>**

Complete the following if you would like your Variable Portfolio(s) to be rebalanced on a given frequency during the contract year. If you have elected the EDCA program, Purchase Payment(s) allocated to the EDCA Fixed Account will not be included in rebalancing until they are automatically transferred into the Variable Portfolio(s).

**Rebalancing Election**

[ ] I do not wish to elect Portfolio Rebalancing.

[ ] I elect to have Portfolio Rebalancing, based on the Variable Portfolio(s) elected above, on the following frequency:

**Rebalancing Frequency**

[ ] Quarterly [ ] Semi-Annually [ ] Annually

**11. Telephone/Electronic Transaction Authorization**

**Portfolio Transaction Authorization** [ ] Yes [ ] No

By checking "Yes" I/We authorize AuguStar Life Insurance Company to accept instructions to initiate or discontinue systematic Investing options (Rebalancing, Dollar Cost Averaging, Earnings Sweep), or transfer contract values between Investment Options via telephone, internet, or other electronic medium from me, or any Joint Owner, or from my/our Financial Professional, subject to AuguStar Life Insurance Company's administrative procedures.

AuguStar Life Insurance Company will use reasonable procedures to confirm that these instructions are authorized and genuine. As long as these procedures are followed, AuguStar Life Insurance Company, affiliates, directors, trustees, officers, employees, representatives and/or agents, will be held harmless for any claim, liability, loss or cost.

**12. Consent for Electronic Delivery & Signature**

[ ] By checking this box, I acknowledge that when I received the sales kit, I had internet access, I was able to read the prospectus, and I had the opportunity to request a paper copy.

**Do you consent to future electronic delivery ("e-delivery") of documents** [ ] Yes [ ] No (Default)

**Email Address**: ___________________________________________________

(If you do not provide an email address, or the email address is illegible or if we receive a bounce back, we will not initiate e- delivery.)

By selecting "Yes"above and providing my email address, I voluntarily consent to e-delivery of **all documents related to the Contract, including but not limited to those documents listed below and any future updates and amendments to the list:**

Applications, supplements, Contract delivery notices, Contracts, prospectuses, prospectus supplements, statements of additional information, annual and semiannual shareholder reports, confirmation statements, annual or quarterly statements, tax documents, privacy notices, and any Contract-related correspondence including claims and servicing correspondence.

**Important Information to Consider Before Consenting to E-Delivery**

For jointly owned contracts, both owners are consenting to e-delivery.

We do not charge any fees for e-delivery. However, you may be charged by third-party providers for internet data access. If you do not consent to e-delivery, or if you later withdraw your consent, your documents will be sent by physical mail or will otherwise be delivered in accordance with applicable law.

Documents delivered under this consent will be posted to your online account with AuguStar ("Account"). To access your documents, you must create an Account at augustarfinancial.com. You may be required to accept terms and conditions in order to create and maintain your Account.

Your consent will remain in effect unless and until you withdraw your consent. You may withdraw your consent at any time and there are no consequences of withdrawing your consent. Any document AuguStar sends by e-delivery, if it complies with applicable law, has the same force and effect as a paper document.

FORM ICC25-4900 STS 8 EFFECTIVE 05/26

Your consent does not require us to deliver all documents to your Account. You may continue to receive some paper documents as required by law or at our discretion. To the extent permitted by law, certain documents may be delivered by other electronic means. For example, we intend to deliver fund prospectuses and supplements thereto by posting them to a publicly-available website as described in your Contract prospectus.

AuguStar will notify you of availability of your document(s) posted to your Account by email. Please make sure a current email address is provided and update your profile on augustarfinancial.com if your email address changes. You may view your documents online by logging into your Account at augustarfinancial.com.

To successfully receive documents via e-delivery, you must have internet access, an active email account, and Adobe Acrobat Reader. Pop-up blockers must be turned off. If you have issues with an internet browser accessing augustarfinancial.com, please use another internet browser. If you do not already have Adobe Acrobat Reader, you can download it for free at <u>www.adobe.com</u>.

Documents delivered to your Account will be accessible for such period as required by law. You should download, print, and store documents to retain them for your personal records and for future reference and access.

Paper copies of documents may be requested free of charge by calling 888.925.6446 or mailing P.O. Box 5308, Cincinnati, Ohio, 45201-0237 . You can revoke your consent by updating your preferences on augustarfinancial.com or by contacting us at the same phone number and address above.

AuguStar reserves the right to modify these e-delivery consent disclosures. You will receive an email notification prior to the effective date of any modified e-delivery consent disclosures. Any modification of the e-delivery consent disclosures will apply from the effective date forward and not to documents you previously received. You will continue to be permitted to revoke your e- delivery consent at any time.

**13. Systematic Withdrawals**

Upon issuance of the contract, would you like to begin taking systematic withdrawals? [ ] Yes [ ] No

If "Yes" is selected, complete Form 10470RMP (StarStream Withdrawal Form).

**14. Fraud Notice/Warning**

Any person who knowingly presents a false statement in an application for insurance may be guilty of a criminal offense and subject to penalties under state law.

**15. Special Requests/Instructions**

FORM ICC25-4900 STS 9 EFFECTIVE 05/26

**16. Disclosures and Annuitant/Owner(s) Signature(s)**

All statements made in this application are true to the best of my/our knowledge and belief, and the answers to these questions, together with this agreement, are the basis for issuing the contract.

● I/we received, read and understand the Buyer's Guide for Variable Annuities.

● I/we have read the most current prospectus and discussed my/our financial goals, investment options, Purchase Payment requirements, options available, age limits, and any extra fees with a financial professional.

● **I/we agree to all terms and conditions as shown on this application. I/we further agree that this application shall be a part of the annuity contract and verify my/our understanding that all payments and values provided by the contract, when based on the investment experience of the separate account, are variable and not guaranteed as to the dollar amount. The Owner acknowledges receipt of the current prospectus for the separate account(s) applicable to the contract and all available underlying portfolios.** 

● After consulting with my financial professional and reviewing the prospectus, I/we confirm that this Variable Annuity and if applicable, the Optional Benefit elections I/we selected, are suitable for my/our objectives and needs.

● I/we agree that no one, except the President, the Secretary, or a Vice President of AuguStar Life Insurance Company can make or change any contract.

**<u>Patriot Act Disclosure</u>**

**Important Information about procedures for opening a new account or entering into a contract or policy or making a claim.** To help the government fight the funding of terrorism and money laundering activities, federal law requires all financial institutions to

obtain, verify, and record information that identifies each person who opens an account or applies for a contract or policy.

**What does this mean for you?**

When you open an account, apply for a contract or policy or make a claim, we will ask for your name, street address, date of birth and other information that will allow us to identify you. We will also ask for a copy of your driver's license or other identifying documents.

**<u>Substitute W-9 (Tax Certification)</u>**

**Under penalties of perjury, I certify all of the following:**

1. The number shown on this form is my correct identification number (or I am waiting for a number to be issued to me), and

2. I am not subject to backup withholding because: (a) I am exempt from backup withholding, or (b) I have not been notified by the Internal
Revenue Service (IRS) that I am subject to backup withholding as a result of a failure to report all interest or dividends, or (c) the
IRS has notified me that I am no longer subject to backup withholding, and

3. a. I am a U.S. citizen or U.S. resident, alien, or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. A partnership, corporation, company or organization created or organized in the United States or under the laws of the United States, or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. An estate (other than a foreign estate), or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. A domestic trust (as defined under Regulations section 301.7701-7), and

4. I am exempt from FATCA reporting.

**<u>Annuitant/Owner Signature(s)</u>**

---

| | | |
|:---|:---|:---|
| Annuitant's Signature | Date | Sign State |
| Owner's Signature | Date | Sign State |
| Joint Owner's Signature | Date | Sign State |

---

\* I hereby certify that I, the above-signed, am the Owner of this annuity contract or, if the contract is trust, custodial, corporate or partnership owned, that I am an authorized signatory thereof and that this request is being submitted in my capacity as an authorized signatory of the trust, custodial account, corporation or partnership. The above-signed hereby agrees, for ourselves, and, if any, our subsidiaries, agents, employees and directors at all times to indemnify and hold harmless AuguStar Life Insurance Company each of its subsidiaries, agents, employees and directors against any and all claims, liabilities, damages, demands, actions, controversies, charges, expenses and losses sustained or incurred by actions in making the change requested above and release the same from any liability arising from the execution of this transaction.

FORM ICC25-4900 STS 10 EFFECTIVE 05/26

**17. Statement of Financial Professional(s)**

**<u>Replacement Questions</u>**

Does the applicant have an existing life insurance policy or an annuity contract? [ ] Yes [ ] No

Will the purchase of this annuity contract replace or change an existing life insurance policy or an annuity contract? [ ] Yes [ ] No

**<u>Certifications and Acknowledgements</u>**

1. I am authorized and qualified to discuss the contract herein applied for.

2. I have reviewed the applicant's information and believe that recommending this annuity aligns with the applicant's financial
needs and meets the required standard of case (i.e. suitability or best interest). I have provided all the necessary information to help
the applicant make an informed decision, including the potential risks. Based on my completion of the general annuity and/or AuguStar
Life Insurance Company product training. I believe this transaction is suitable and in the best interest of the applicant given their
financial situation.

3. I acknowledge that I have received AuguStar Life Insurance Company's position statement regarding the acceptability of replacements
and guidance as to the appropriateness of these transactions and confirm that any replacement transaction is in accord with AuguStar Life
Insurance Company's position and guidance.

4. The applicant's statements regarding existing annuity contracts and whether or not an existing annuity contract is being replaced
or changed has been answered correctly to the best of my knowledge and belief.

5. I have discussed with and provided a list to the applicant of all applicable limitations to Variable Portfolios, Protected Fixed Account,
EDCA Fixed Account and/or Optional Benefits currently available for election.

6. I have obtained prior approval from the soliciting broker-dealer to submit this application to AuguStar Life Insurance Company.

**<u>Commission Option (*select only one of the following, please contact your home office for available options*)</u>**

[ ] Option 1 (**Default**) [ ] Option 2 [ ] Option 3 [ ] Option 4

**<u>Financial Professional #1</u>**

Financial Professional Name ________________________________________________ License Number ________________________

Broker/Dealer Name ______________________________________________________ AuguStar Agency Code ___________________

Email Address __________________________________________ Phone Number ________________________ Split ______________%

Signature __________________________________________________________________ Date _______________________________

**<u>Financial Professional #2</u>**

Financial Professional Name ________________________________________________ License Number _________________________

Broker/Dealer Name ______________________________________________________ AuguStar Agency Code ____________________

Email Address __________________________________________ Phone Number ________________________ Split _______________%

Signature __________________________________________________________________ Date ________________________________

**<u>Financial Professional #3</u>**

Financial Professional Name ________________________________________________ License Number _________________________

Broker/Dealer Name ______________________________________________________ AuguStar Agency Code ____________________

Email Address __________________________________________ Phone Number ________________________ Split _______________%

Signature __________________________________________________________________ Date ________________________________

**<u>Brokerage Account Number</u>**

Linking/BIN/Brokerage Account Number (if applicable): ______________________________________

FORM ICC25-4900 STS 11 EFFECTIVE 05/26

**18. Additional Information & Disclosures**

<sup>1</sup> Optional Benefits are available for an additional charge and may not be changed once elected. Feature availability may be limited by state and/or selling firm.

<sup>2</sup> For Non-Qualified contracts, the Owner and Annuitant must be the same person if an Optional Benefit is elected.

<sup>3</sup> When electing a Joint Covered Life Option, the Annuitant's spouse must be named as the Joint Owner on Non-Qualified contracts and as the 100% primary beneficiary on Qualified contracts. Please ensure the Primary Beneficiary section is properly completed.

FORM ICC25-4900 STS 12 EFFECTIVE 05/26

## Exhibit 99.27

AMENDMENT NO. 4

To the

AMENDED AND RESTATED VARIABLE ANNUITY

COINSURANCE AND MODIFIED COINSURANCE

REINSURANCE AGREEMENT

Between

AUGUSTAR LIFE INSURANCE COMPANY

(Hereinafter called the "CEDING COMPANY")

Cincinnati, Ohio

And

SUNRISE CAPTIVE RE, LLC

(Hereinafter call the "REINSURER")

Cincinnati, Ohio

WHEREAS, AuguStar Life Insurance Company (the "Ceding Company") and Sunrise Captive Re, LLC (the "Reinsurer") each a Party and collectively "Parties" to the Amended and Restated Variable Annuity Guaranteed Benefits Reinsurance Agreement (the "Agreement"), effective July 1, 2021; and

WHEREAS this Amendment No. 4 is made and entered into by and among Parties, effective January 1, 2026, the "Effective Date"; and

WHEREAS, effective the Effective Date, Article I, Definitions, D. Reinsurance Premium Definitions is amended and restated in its entirety to include COMMISSIONS and to amend and restate EXPENSE ALLOWANCE and MONTHLY REINSURANCE PREMIUM; and

WHEREAS, effective the Effective Date, the Parties wish to amend Schedule A to include the policy and rider forms for new variable annuity products; and

WHEREAS, effective the date listed below, the CEDING COMPANY and the REINSURER agree to amend and restate Schedule B, Separate Accounts and General Account Subaccounts to this Reinsurance Agreement and replace in its entirety with the attached Schedule B, Separate Accounts and General Account Subaccounts; and

WHEREAS, effective the Effective Date, Schedule D, Reinsurance Premium Rates by Guaranteed Benefit Type is amended to include Section K and Section L for new products issued on or after the Effective Date; and

WHEREAS, effective the Effective Date, Schedule E, REINSURER Share of Risk by GUARANTEED BENEFIT TYPE, is amended to add new GLWB Riders issued on or after the Effective Date; and

WHEREAS the CEDING COMPANY wishes to amend and restate Schedule H to include EXPENSE ALLOWANCE and COMMISSIONS applicable to business issued on or after the Effective Date.

NOW THEREFORE, effective January 1, 2026, Article I, Definitions, D. Reinsurance Premium Definitions is amended and restated in its entirety with the attached Article I, Definitions, D. Reinsurance Premium Definitions to include COMMISSIONS and to amend and restate EXPENSE ALLOWANCE and MONTHLY REINSURANCE PREMIUM; and

Schedule A is amended to include the attached Schedule A-1 to include new variable annuity products; and

Schedule B, Separate Accounts and General Account Subaccounts is amended and replaced in its entirety with the attached Schedule B, Separate Accounts and General Account Subaccounts; and

Schedule D, Reinsurance Premium Rates by Guaranteed Benefit Type is amended to include Section K and Section L for new products issued on or after the Effective Date with the attached Schedule D, Reinsurance Premium Rates by Guaranteed Benefit Type; and

Schedule E, REINSURER Share of Risk by GUARANTEED BENEFIT TYPE, is amended to include the new GLWB Riders with the attached Schedule E, REINSURER Share of Risk by GUARANTEED BENEFIT TYPE; and

Schedule H, Expense Allowance, is amended and replaced in its entirety with the attached Schedule H, Expense Allowance.

IN WITNESS WHEREOF, the Ceding Company and the Reinsurer have caused their names to be subscribed and duly attested hereunder by their respective Authorized Officers.

---

| | | | |
|:---|:---|:---|:---|
| Sunrise Captive Re, LLC | Sunrise Captive Re, LLC | AuguStar Life Insurance Company | AuguStar Life Insurance Company |
| By | /s/ Scott Shepherd | By | /s/ Carlos Paiva |
|  | Scott Shepherd |  | Carlos Paiva |
|  | President & Appointed Actuary |  | Senior Vice President, Corporate Secretary |
| Date | 03/09/26 | Date | 02/27/26 |

---

**<u>ARTICLE I DEFINITIONS</u>**

**D. REINSURANCE PREMIUM DEFINITIONS:**

Pursuant to the ORIGINAL REINSURANCE AGREEMENT, the IN FORCE CEDING PREMIUM was determined and agreed upon by CEDING COMPANY and REINSURER as of the ORIGINAL VALUATION DATE and was paid at the time the business was originally transferred to compensate the REINSURER for assuming the risks hereunder for the ANNUITY CONTRACTS that were in force prior to the ORIGINAL EFFECTIVE DATE.

The AMENDMENT EFFECTIVE DATE CEDING PREMIUM means an amount determined and agreed upon by the CEDING COMPANY and REINSURER as of the AMENDMENT EFFECTIVE DATE which is payable at the time the business is transferred to compensate the REINSURER for assuming the risks hereunder for liabilities related to general account fixed options under ACTIVE CONTRACTS. The AMENDMENT EFFECTIVE DATE CEDING PREMIUM will be determined and agreed upon by the parties at the time the business is transferred and is listed in Schedule J.

AGGREGATE MONTHLY GMDB means the sum of the REINSURED GMDB AMOUNTs, calculated on each MONTHLY VALUATION DATE, for all ACTIVE CONTRACTS covered by this Agreement.

COMMISSIONS means the amount the REINSURER shall pay the CEDING COMPANY for expenses associated with the producers' acquisition and maintenance of contracts, which shall be calculated in accordance with Schedule H.

EXPENSE ALLOWANCE means the sum of the applicable PER POLICY ALLOWANCE, ACCOUNT VALUE ALLOWANCE, or any other applicable allowances due to the CEDING COMPANY from the REINSURER for costs and expenses in connection with administering the ACTIVE CONTRACTS, which amount shall be calculated in accordance with Schedule H, provided, that the REINSURER shall not be liable for any extracontractual damages that may be due in connection with such payments.

MONTHLY GLWB BASE means the sum of each ACTIVE CONTRACT'S REINSURED GLWB BASE calculated on each MONTHLY VALUATION DATE for all ACTIVE CONTRACTS with the GLWB RIDER covered by this Agreement.

MONTHLY GMIB BASE means the sum of each ACTIVE CONTRACT'S REINSURED GMIB BASE calculated on each MONTHLY VALUATION DATE for all ACTIVE CONTRACTS with the GMIB RIDER covered by this Agreement.

MONTHLY GPP BASE means the sum of each ACTIVE CONTRACT'S REINSURED GPP BASE calculated on each MONTHLY VALUATION DATE for all ACTIVE CONTRACTS with the GPP RIDER covered by this Agreement.

MONTHLY REINSURANCE PREMIUM on each MONTHLY VALUATION DATE equals the (i) sum for all ACTIVE CONTRACTS, of the product of (a) and (b), where (a) is the REINSURED GMDB AMOUNT, the REINSURED GLWB BASE, the REINSURED GMIB BASE, or the REINSURED GPP BASE and (b) is the applicable MONTHLY REINSURANCE PREMIUM RATE, plus (ii) the sum for all ACTIVE CONTRACTS of all other rider fees, mortality and expense fees, revenue sharing fees, and other amounts charged to or deducted from a contractholder's account in respect of an ACTIVE CONTRACT and all other amounts received from funds by the CEDING COMPANY in respect of an ACTIVE CONTRACT, in each case, to the extent not already taken into account in clause (i), minus (iii) the sum for all ACTIVE CONTRACTS of all premium and other amounts paid or due to be paid by the CEDING COMPANY under the PRE-EXISTING TREATIES.

MONTHLY REINSURANCE PREMIUM RATE means the applicable numerical value provided in Schedule D.

REMITTANCE DATE means, with respect to any ACCOUNTING PERIOD, the last BUSINESS DAY of the calendar month following the MONTHLY VALUATION DATE for such ACCOUNTING PERIOD.

<u>SCHEDULE A-1</u>

Description of Annuity Contracts Reinsured

The ANNUITY CONTRACTS or riders referenced by form number below (including the Guaranteed Minimum Death Benefits, Guaranteed Lifetime Withdrawal Benefits and their related death benefits, Guaranteed Minimum Income Benefits, and Guaranteed Principal Protection Benefits thereunder):

Contracts and Riders Subject to this Reinsurance Agreement

As of the Effective Date

Annuity Contracts

<u>Form Number\*</u> <u>Policy Description</u> <u>Issue Date on or after</u> <br> ICC25-VA-1 / 25-VA-1 StarStream 1/1/2026 <br> ICC25-VA-1U / 25-VA-1U StarStream 1/1/2026

Guaranteed Lifetime Withdrawal Benefit Riders:

---

| | |
|:---|:---|
| Form Number\* | Policy Description |
| ICC25-GLWB-1 / 25-GLWB-1 | Guaranteed Lifetime Withdrawal Optional Benefit |
| ICC25-GLWD-1 / 25-GLWD-1 | Guaranteed Lifetime Withdrawal Optional Benefit |
| ICC25-GLWL-1 / 25-GLWD-1 | Guaranteed Lifetime Withdrawal Optional Benefit |
| ICC25-GLWP-1 / 25-GLWP-1 | Guaranteed Lifetime Withdrawal Optional Benefit |

---

Optional Riders:

---

| | |
|:---|:---|
| Form Number\* | Policy Description |
| ICC25-VROP-1 / 25-VROP-1 | Return of Purchase Payment Death Benefit |
| ICC25-NHW-1 / 25-NHW-1 | Nursing Home Waiver |
| ICC25-EDCA-1 / 25-EDCA-1 | Enhanced Dollar Cost Averaging Rider |
| ICC25-FAA-1 / 25-FAA-1 | Fixed Account Rider |
| ICC25-VFWR-1 / 25-VFWR-1 | Free Withdrawal Rider |

---

\* Includes any state specific variation of the above-described forms and any subsequent state specific variation, if such subsequent state specific variation does not have any material impact on the risk assumed by the REINSURER. The CEDING COMPANY shall notify the REINSURER of any state specific variation which could have any material impact on the risk assumed by the REINSURER and such variation shall be treated the same as a policy form change under Article IV, Section C, provided that the REINSURER shall not unreasonably refuse to approve such subsequent state specific variation.

Schedule A

SCHEDULE B

Separate Accounts and General Account Subaccounts

---

| | | | |
|:---|:---|:---|:---|
| Fund# | Subaccounts | Fund# | Subaccounts |
| &nbsp;&nbsp;&nbsp;182 | Fidelity<sup>®</sup> VIP Government Money Market Svc | &nbsp;&nbsp;&nbsp;295 | Janus Henderson Overseas Fund |
| &nbsp;&nbsp;&nbsp;183 | AVIP Bond I | &nbsp;&nbsp;&nbsp;300 | Lazard Retirement International Equity Svc |
| &nbsp;&nbsp;&nbsp;184 | AVIP BlackRock Balanced Allocation I | &nbsp;&nbsp;&nbsp;306 | Templeton Foreign VIP 2 |
| &nbsp;&nbsp;&nbsp;185 | AVIP BlackRock Advantage International Equity I | &nbsp;&nbsp;&nbsp;307 | Franklin DynaTech VIP 2 |
| &nbsp;&nbsp;&nbsp;188 | AVIP Fidelity Institutional AM<sup>®</sup> Equity Growth I | &nbsp;&nbsp;&nbsp;308 | Franklin Income VIP 2 |
| &nbsp;&nbsp;&nbsp;190 | AVIP S&P 500<sup>®</sup> Index I | &nbsp;&nbsp;&nbsp;309 | AVIP S&P MidCap 400<sup>®</sup> Index I |
| &nbsp;&nbsp;&nbsp;192 | AVIP AB Small Cap I | &nbsp;&nbsp;&nbsp;311 | Invesco V.I. EQV International Equity II |
| &nbsp;&nbsp;&nbsp;193 | AVIP AB Mid Cap Core I | &nbsp;&nbsp;&nbsp;312 | Morgan Stanley VIF Growth II |
| &nbsp;&nbsp;&nbsp;195 | Fidelity<sup>®</sup> VIP Growth Portfolio | &nbsp;&nbsp;&nbsp;313 | Neuberger Berman AMT Mid Cap Intrinsic Value S |
| &nbsp;&nbsp;&nbsp;196 | Fidelity<sup>®</sup> VIP Equity-Income Portfolio | &nbsp;&nbsp;&nbsp;316 | AVIP BlackRock Advantage Large Cap Growth I |
| &nbsp;&nbsp;&nbsp;197 | Fidelity<sup>®</sup> VIP High Income Portfolio | &nbsp;&nbsp;&nbsp;323 | Federated Hermes Kaufmann II Svc |
| &nbsp;&nbsp;&nbsp;204 | Janus Henderson Research Inst | &nbsp;&nbsp;&nbsp;324 | Franklin Allocation VIP 4 |
| &nbsp;&nbsp;&nbsp;205 | Janus Henderson Overseas Inst | &nbsp;&nbsp;&nbsp;325 | Goldman Sachs Large Cap Value Svc |
| &nbsp;&nbsp;&nbsp;206 | Janus Henderson Global Research Inst | &nbsp;&nbsp;&nbsp;326 | Goldman Sachs U.S. Equity Insights Svc |
| &nbsp;&nbsp;&nbsp;207 | Janus Henderson Balanced Inst | &nbsp;&nbsp;&nbsp;327 | Goldman Sachs Strategic Growth Svc |
| &nbsp;&nbsp;&nbsp;209 | ClearBridge Variable Dividend Strategy I | &nbsp;&nbsp;&nbsp;329 | Franklin DynaTech VIP Fund |
| &nbsp;&nbsp;&nbsp;210 | ClearBridge Variable Large Cap Value I | &nbsp;&nbsp;&nbsp;330 | Franklin Income VIP 4 |
| &nbsp;&nbsp;&nbsp;211 | Allspring VT Opportunity 2 | &nbsp;&nbsp;&nbsp;331 | Fidelity<sup>®</sup> VIP Real Estate Svc2 |
| &nbsp;&nbsp;&nbsp;215 | Invesco V.I. Comstock I | &nbsp;&nbsp;&nbsp;332 | Nomura VIP Asset Strategy Series Svc |
| &nbsp;&nbsp;&nbsp;217 | AVIP Federated High Income Bond I | &nbsp;&nbsp;&nbsp;333 | Nomura VIP Natural Resources Series Svc |
| &nbsp;&nbsp;&nbsp;219 | AVIP BlackRock Advantage Large Cap Value I | &nbsp;&nbsp;&nbsp;334 | Nomura VIP Science and Technology Series Svc |
| &nbsp;&nbsp;&nbsp;220 | LVIP JPMorgan Small Cap Core S | &nbsp;&nbsp;&nbsp;335 | PIMCO CommodityRealReturn<sup>®</sup> Strategy Adm |
| &nbsp;&nbsp;&nbsp;221 | Goldman Sachs Large Cap Value Fund | &nbsp;&nbsp;&nbsp;359 | PIMCO Short-Term Adm |
| &nbsp;&nbsp;&nbsp;222 | Goldman Sachs U.S. Equity Insights Funds | &nbsp;&nbsp;&nbsp;360 | AVIP Constellation Dynamic Risk Balanced I |
| &nbsp;&nbsp;&nbsp;224 | Goldman Sachs Strategic Growth Inst | &nbsp;&nbsp;&nbsp;364 | MFS<sup>®</sup> Massachusetts Investors Growth Stock Svc |
| &nbsp;&nbsp;&nbsp;227 | Allspring VT Discovery SMID Cap Growth Fund | &nbsp;&nbsp;&nbsp;370 | PIMCO Low Duration Adm |
| &nbsp;&nbsp;&nbsp;244 | Lazard Retirement Emerging Markets Equity Svc | &nbsp;&nbsp;&nbsp;372 | AVIP Constellation Managed Risk Balanced I |
| &nbsp;&nbsp;&nbsp;245 | Lazard Retirement US Small Cap Equity Select Port | &nbsp;&nbsp;&nbsp;373 | AVIP Constellation Managed Risk Moderate Growth I |
| &nbsp;&nbsp;&nbsp;258 | Janus Henderson Research Fund | &nbsp;&nbsp;&nbsp;374 | AVIP Constellation Managed Risk Growth I |
| &nbsp;&nbsp;&nbsp;259 | Janus Henderson Global Research Fund | &nbsp;&nbsp;&nbsp;375 | AVIP Intech U.S. Low Volatility I |
| &nbsp;&nbsp;&nbsp;260 | Janus Henderson Balanced Fund | &nbsp;&nbsp;&nbsp;378 | AVIP BlackRock Advantage Large Cap Value II |
| &nbsp;&nbsp;&nbsp;262 | PSF PGIM Jennison Growth Portfolio | &nbsp;&nbsp;&nbsp;379 | AVIP BlackRock Advantage International Equity II |
| &nbsp;&nbsp;&nbsp;263 | AVIP Nasdaq-100 Index I | &nbsp;&nbsp;&nbsp;380 | AVIP Bond II |
| &nbsp;&nbsp;&nbsp;265 | Janus Henderson VIT Research Svc | &nbsp;&nbsp;&nbsp;381 | AVIP Core Plus Bond II |
| &nbsp;&nbsp;&nbsp;266 | Janus Henderson VIT Global Research Svc | &nbsp;&nbsp;&nbsp;382 | AVIP High Income Bond II |
| &nbsp;&nbsp;&nbsp;267 | Janus Henderson VIT Balanced Svc | &nbsp;&nbsp;&nbsp;383 | AVIP Fidelity Institutional AM<sup>®</sup> Equity Growth II |
| &nbsp;&nbsp;&nbsp;268 | Janus Henderson VIT Overseas Svc | &nbsp;&nbsp;&nbsp;384 | AVIP Intech U.S. Low Volatility II |
| &nbsp;&nbsp;&nbsp;269 | Fidelity<sup>®</sup> VIP Mid Cap Svc2 | &nbsp;&nbsp;&nbsp;385 | AVIP Nasdaq-100<sup>®</sup> Index II |
| &nbsp;&nbsp;&nbsp;270 | Fidelity<sup>®</sup> VIP Contrafund Svc 2 | &nbsp;&nbsp;&nbsp;386 | AVIP S&P 500<sup>®</sup> Index II |
| &nbsp;&nbsp;&nbsp;271 | Fidelity<sup>®</sup> VIP Growth Portfolio | &nbsp;&nbsp;&nbsp;387 | AVIP S&P MIdCap 400<sup>®</sup> Index II |
| &nbsp;&nbsp;&nbsp;273 | LVIP JPMorgan Mid Cap Value S | &nbsp;&nbsp;&nbsp;400 | AVIP Federated Core Plus Bond I |
| &nbsp;&nbsp;&nbsp;274 | MFS<sup>®</sup> New Discovery Series Svc | &nbsp;&nbsp;&nbsp;402 | American Funds IS<sup>®</sup> Global Growth 4 |
| &nbsp;&nbsp;&nbsp;276 | MFS<sup>®</sup> VIT Mid Cap Growth Series Svc | &nbsp;&nbsp;&nbsp;403 | American Funds IS<sup>®</sup> Growth 4 |
| &nbsp;&nbsp;&nbsp;277 | MFS<sup>®</sup> Total Return Series Svc | &nbsp;&nbsp;&nbsp;404 | American Funds IS<sup>®</sup> Growth-Income 4 |
| &nbsp;&nbsp;&nbsp;280 | AB VPS Small Cap Growth Portfolio | &nbsp;&nbsp;&nbsp;405 | Fidelity VIP Government Money Market Svc2 |
| &nbsp;&nbsp;&nbsp;281 | AB VPS Relative Value Portfolio | &nbsp;&nbsp;&nbsp;406 | Invesco V.I. Comstock II |
| &nbsp;&nbsp;&nbsp;283 | AVIP BlackRock Advantage Small Cap Growth I | &nbsp;&nbsp;&nbsp;407 | PIMCO VIT Income Adv |
| &nbsp;&nbsp;&nbsp;284 | AVIP BlackRock Advantage Large Cap Core I | &nbsp;&nbsp;&nbsp;408 | PIMCO VIT Real Return Adv |
| &nbsp;&nbsp;&nbsp;285 | PIMCO Real Return Adm | &nbsp;&nbsp;&nbsp;420 | AVIP Moderately Conservative Model I |
| &nbsp;&nbsp;&nbsp;286 | PIMCO Total Return Adm | &nbsp;&nbsp;&nbsp;430 | AVIP Balanced Model I |
| &nbsp;&nbsp;&nbsp;287 | PIMCO Global Bond Opportunities (Unhedged) Adm | &nbsp;&nbsp;&nbsp;440 | AVIP Moderate Growth Model I |
| &nbsp;&nbsp;&nbsp;289 | BNY Mellon Appreciation Svc | &nbsp;&nbsp;&nbsp;450 | AVIP Growth Model I |
| &nbsp;&nbsp;&nbsp;294 | Fidelity<sup>®</sup> VIP Equity-Income<sup>SM</sup> Svc2 |  |  |

---

Schedule B

SCHEDULE B (continued)

Separate Accounts and General Account Subaccounts

FIXED SUBACCOUNTS:

AuguStar Life Insurance Company General Account

Fixed Account

Protected Fixed Account

Dollar Cost Averaging – 12 Months

Dollar Cost Averaging – 6 Months

Schedule B

SCHEDULE D

K. For ANNUITY CONTRACTS and associated riders issued on or after January 1, 2026, the CEDING COMPANY shall pay to the REINSURER the
sum of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. The REINSURER'S quota share of the contract holder's RETAIL ANNUITY PREMIUMS allocated to
the general account upon the payment of the RETAIL ANNUITY PREMIUMS only as a one-time payment; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. The Annual Rate(s) of applicable rider fees and mortality and expense fees to calculate the MONTHLY REINSURANCE PREMIUM which can
be found in the respective policy contract, of which such fees may be the full annual amount rather than one-twelfth of the Annual Rate;
and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. The fund revenue sharing fees calculated as 35bps multiplied by the average SEPARATE ACCOUNT for the ACCOUNTING PERIOD.

L. For ANNUITY CONTRACTS and associated riders represented in Section A thru Section I of this Schedule D, the CEDING COMPANY shall pay
to the REINSURER the fund revenue sharing fees calculated as 35bps multiplied by the average SEPARATE ACCOUNT for the ACCOUNTING PERIOD.

Schedule D

SCHEDULE E

REINSURER Share of Risk by GUARANTEED BENEFIT TYPE

For each ANNUITY CONTRACT with RETAIL ANNUITY PREMIUM no greater than $5,000,000, the REINSURER liability will be as discussed below.

For each ANNUITY CONTRACT with aggregate RETAIL ANNUITY PREMIUM in excess of $5,000,000, the REINSURER'S liability equals {$5,000,000 divided by aggregate retail annuity premiums}, times the share of risk described below.

The REINSURER will accept 100% of the risks for all GMDB AMOUNTs, without retention by the CEDING COMPANY, for claims paid relating to the Base Contract Death Benefits in Section A of Schedule D.

The REINSURER will accept 100% of the risks for all GMDB Riders, without retention by the CEDING COMPANY, for claims paid relating to such riders in Section B of Schedule D

The REINSURER will accept 100% of the risks for all GMDB Riders, after 85% retention by the CEDING COMPANY, for claims paid relating to such riders in Section C of Schedule D

The REINSURER will accept 100% of the risks for all GLWB Riders and the related death benefit, without retention by the CEDING COMPANY, for claims paid relating to such riders issued on or after May 3, 2010, as described in Sections D and E of Schedule D.

The REINSURER's will accept 100% of the risks for all GLWB Preferred IS Riders described in Section F of Schedule D, after 70% retention by the CEDING COMPANY, for claims paid to such riders issued between May 1, 2013 and December 31, 2017 .

The REINSURER's will accept 100% of the risks for all GLWB Preferred IS Riders described in Section F of Schedule D, without retention by the CEDING COMPANY, for claims paid relating to such riders issued on or after January 1, 2018.

The REINSURER will accept 100% of the risks for all GMIB Riders, without retention by the CEDING COMPANY, for claims paid relating to such riders in Section G of Schedule D

The REINSURER will accept 100% of the risks for all GMIB Riders, after retention by the CEDING COMPANY, for claims paid relating to such riders in Section H of Schedule D

The REINSURER will accept 100% of the risks for all GPP Riders, without retention by the CEDING COMPANY, for claims paid relating to such riders in Section I of Schedule D

The REINSURER will accept 100% of the risks for all GLWB Riders, without retention by the CEDING COMPANY, for claims paid relating to such riders in Section K of Schedule D.

Schedule E

---

| | |
|:---|:---|
| **Benefit Type** | **Quota Share** |
| Base Contract Death Benefit – Section A | 100% |
| GMDB Rider - Section B | 100% |
| Limited GMDB Rider - Section C | 100% after 85% retention |
| GLWB Rider - Section D | 100% |
| GLWB PLUS - Section E | 100% |
| GLWB Preferred I.S. Rider sold before 1/1/18 - Section F | 100% after 70% retention |
| GLWB Preferred I.S. Rider sold after 12/31/17 - Section F | 100% |
| GMIB Rider - Section G | 100% |
| GMIB Rider - Section H | 100% after retention |
| GPP Rider - Section I | 100% |
| GLWB Rider – Section K | 100% |

---

Schedule E

SCHEDULE H

EXPENSE ALLOWANCE and COMMISSIONS

For ANNUITY CONTRACTS issued prior to 1/1/2026:

The EXPENSE ALLOWANCE payable with respect to any ACCOUNTING PERIOD shall be equal to the PER POLICY ALLOWANCE plus the ACCOUNT VALUE ALLOWANCE.

The PER POLICY ALLOWANCE shall be equal to (a) the applicable per annum rate (as described below), *divided* by twelve (12), *multiplied* by (b) the total number of ACTIVE CONTRACTS in force as of the last day of the preceding ACCOUNTING PERIOD.

The applicable per annum rate for the PER POLICY ALLOWANCE shall be $150 per ACTIVE CONTRACT.

The ACCOUNT VALUE ALLOWANCE shall be equal to (a) the applicable per annum rate (as described below), *divided* by twelve (12), *multiplied* by (b) (i) the total ACCOUNT VALUE as of the last day of the preceding ACCOUNTING PERIOD, *plus* the total ACCOUNT VALUE as of the last day of the current ACCOUNTING PERIOD, *divided* by (ii) two (2).

The applicable per annum rate for the ACCOUNT VALUE ALLOWANCE shall be 0.55%.

The COMMISSIONS shall be equal to the actual trail commissions payable to producers with respect to each ACCOUNTING PERIOD. For administrative purposes, COMMISSIONS may be settled on a quarterly basis.

Notwithstanding the above, the total EXPENSE ALLOWANCE payable with respect to each ACCOUNTING PERIOD shall never be less than $250,000.

For ANNUITY CONTRACTS issued on or after 1/1/2026:

From and after the Effective Date, with respect to each ACCOUNTING PERIOD, the REINSURER shall owe to the CEDING COMPANY the full amount in respect of COMMISSIONS payable to producers, and EXPENSE ALLOWANCES, of the ANNUITY CONTRACTS. The tables herein represent the approximate COMMISSIONS and EXPENSE ALLOWANCES and may be updated from time to time. The CEDING COMPANY will communicate any changes to the REINSURER at least thirty (30) BUSINESS DAYS prior to the change, and any such change shall be deemed approved if not expressly disapproved. Ongoing EXPENSE ALLOWANCES will be divided by the number of ACCOUNTING PERIODS in a calendar year and may be settled on a quarterly basis if administration of EXPENSE ALLOWANCES is not possible each ACCOUNTING PERIOD.

Schedule H

---

| | | | |
|:---|:---|:---|:---|
| **Baseline Compensation COMMISSION** | **Baseline Compensation COMMISSION** | **Baseline Compensation COMMISSION** | **Baseline Compensation COMMISSION** |
| | | **Year 1** | **Trail** |
| **Opt 1** | Ages 0-80 | 7.00% | N/A |
| **Opt 1** | Ages 81-85 | 3.25% | N/A |
| **Opt 2** | Ages 0-80 | 5.00% | 0.50% |
| **Opt 2** | Ages 81-85 | 2.00% | 0.50% |
| **Opt 3** | Ages 0-80 | 3.50% | 0.75% |
| **Opt 3** | Ages 81-85 | 1.25% | 0.75% |
| **Opt 4** | Ages 0-80 | 2.00% | 1.00% |
| **Opt 4** | Ages 81-85 | 0.60% | 0.60% |

---

---

| | |
|:---|:---|
| Upfront Marking Allowance Payment: | 50bps |
| Upfront Acquisition Expenses: | 180bps |
| Ongoing Maintenance Expense per policy allowance: | $420 with 2% annual inflation, beginning at the Effective Date and the 1<sup>st</sup> day of the month following the anniversary of the Effective date as the end date of each annual inflation period |
| Premium Tax: | To the extent any premium taxes apply on policies covered, taxes will be reimbursed by REINSURER equal to the state tax to which the policy was issued. |

---

Schedule H

## Exhibit 99.27

AMENDMENT NO. 5

To the

AMENDED AND RESTATED VARIABLE ANNUITY GMIB, GMDB AND

GLWB COINSURANCE AND MODIFIED COINSURANCE REINSURANCE

AGREEMENT

(Hereinafter called this "Agreement")

Between

SUNRISE CAPTIVE RE, LLC

(Hereinafter called the "CEDING COMPANY"),

Cincinnati, Ohio

And

SYCAMORE RE, LTD.

(Hereinafter called the "REINSURER"),

Grand Cayman, Cayman Islands

WHEREAS, Sunrise Captive Re, LLC (the "CEDING COMPANY"), and Sycamore Re, LTD (the "REINSURER") are Parties to the Amended and Restated Variable Annuity GMIB and GMDB Coinsurance Modified Coinsurance Reinsurance Agreement (the "Agreement"), effective July, 1, 2021; and

WHEREAS this Amendment No. 5 is made and entered into by and among Parties, effective January 1, 2026, the "Effective Date"; and

WHEREAS, effective the Effective Date, the Parties agree to exchange, in cash, the change in the total Commissioners' Annuity Reserve Valuation Method (CARVM) expense allowance on a quarterly basis; and

WHEREAS, effective the Effective Date, the Parties wish to amend Schedule A to include the policy forms and descriptions for the new variable annuity products and riders; and

WHEREAS, effective the date listed below, the CEDING COMPANY and the REINSURER agree to amend and restate Schedule B, Separate Accounts and General Account Subaccounts to this Reinsurance Agreement and replace in its entirety with the attached Schedule B, Separate Accounts and General Account Subaccounts; and

WHEREAS, effective the Effective Date, Schedule D, Reinsurance Premium Rates by Guaranteed Benefit Type is amended to include Section J for new products issued on or after the Effective Date; and

WHEREAS, effective the Effective Date, Schedule E, REINSURER Share of Risk by GUARANTEED BENEFIT TYPE, is amended to add new GLWB Riders issues on or after the Effective Date; and

WHEREAS the CEDING COMPANY wishes to amend and restate Schedule H to include EXPENSE ALLOWANCE applicable to business issued on or after the Effective Date.

NOW THEREFORE, effective January 1, 2026, the change in the CARVM expense allowance will be settled in cash on a quarterly basis; and

Schedule A is amended to include the attached Schedule A-1 to include new variable annuity products; and

Schedule B, Separate Accounts and General Account Subaccounts is amended and replaced in its entirety with the attached Schedule B, Separate Accounts and General Account Subaccounts; and

Schedule D, Reinsurance Premium Rates by Guaranteed Benefit Type is amended to include Section J for new products issued on or after the Effective Date with the attached Schedule D, Reinsurance Premium Rates by Guaranteed Benefit Type; and

Schedule E, REINSURER Share of Risk by GUARANTEED BENEFIT TYPE, is amended to include the new GLWB Riders with the attached Schedule E, REINSURER Share of Risk by GUARANTEED BENEFIT TYPE; and

Schedule H, Expense Allowance, is amended and replaced in its entirety with the attached Schedule H, Expense Allowance.

In witness whereof, the CEDING COMPANY and the REINSURER have caused their names to be subscribed and duly attested hereunder by their respective Authorized Officers.

---

| | | | | |
|:---|:---|:---|:---|:---|
| **SYCAMORE RE, LTD.** | **SYCAMORE RE, LTD.** |  | **SUNRISE CAPTIVE RE, LLC** | **SUNRISE CAPTIVE RE, LLC** |
| By: | /s/ Carlos Paiva | | By: | /s/ Scott N. Shepherd |
|  | Carlos Pavia |  |  | Scott N. Shepherd |
|  | SVP & Corporate Secretary |  |  | President & Appointed Actuary |
| Date: | 02/27/26 |  | Date: | 03/02/26 |

---

SCHEDULE A-1

Description of Annuity Contracts Reinsured

The ANNUITY CONTRACTS or riders referenced by form number below (including the Guaranteed Minimum Death Benefits, Guaranteed Lifetime Withdrawal Benefits and their related death benefits, Guaranteed Minimum Income Benefits, and Guaranteed Principal Protection Benefits thereunder):

Contracts and Riders Subject to this Reinsurance Agreement

As of the Effective Date

Annuity Contracts

<u>Form Number\*</u> <u>Policy Description</u> <u>Issue Date on or after</u> <br> ICC25-VA-1 / 25-VA-1 StarStream 1/1/2026 <br> ICC25-VA-1U / 25-VA-1U StarStream 1/1/2026

Guaranteed Lifetime Withdrawal Benefit Riders:

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| | |
|:---|:---|
| Form Number\* | Policy Description |
| ICC25-GLWB-1 / 25-GLWB-1 | Guaranteed Lifetime Withdrawal Optional Benefit |
| ICC25-GLWD-1 / 25-GLWD-1 | Guaranteed Lifetime Withdrawal Optional Benefit |
| ICC25-GLWL-1 / 25-GLWD-1 | Guaranteed Lifetime Withdrawal Optional Benefit |
| ICC25-GLWP-1 / 25-GLWP-1 | Guaranteed Lifetime Withdrawal Optional Benefit |

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Optional Riders:

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| | |
|:---|:---|
| Form Number\* | Policy Description |
| ICC25-VROP-1 / 25-VROP-1 | Return of Purchase Payment Death Benefit |
| ICC25-NHW-1 / 25-NHW-1 | Nursing Home Waiver |
| ICC25-EDCA-1 / 25-EDCA-1 | Enhanced Dollar Cost Averaging Rider |
| ICC25-FAA-1 / 25-FAA-1 | Fixed Account Rider |
| ICC25-VFWR-1 / 25-VFWR-1 | Free Withdrawal Rider |

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\* Includes any state specific variation of the above-described forms and any subsequent state specific variation, if such subsequent state specific variation does not have any material impact on the risk assumed by the REINSURER. The CEDING COMPANY shall notify the REINSURER of any state specific variation which could have any material impact on the risk assumed by the REINSURER and such variation shall be treated the same as a policy form change under Article IV, Section C, provided that the REINSURER shall not unreasonably refuse to approve such subsequent state specific variation.

Schedule A

SCHEDULE B

Separate Accounts and General Account Subaccounts

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| | | | |
|:---|:---|:---|:---|
| Fund# | Subaccounts | Fund# | Subaccounts |
| &nbsp;&nbsp;&nbsp;182 | Fidelity<sup>®</sup> VIP Government Money Market Svc | &nbsp;&nbsp;&nbsp;294 | Fidelity<sup>®</sup> VIP Equity-Income<sup>SM</sup> Svc2Int |
| &nbsp;&nbsp;&nbsp;183 | AVIP Bond I | &nbsp;&nbsp;&nbsp;295 | Januse Henderson Overseas Fund |
| &nbsp;&nbsp;&nbsp;184 | AVIP BlackRock Balanced Allocation I | &nbsp;&nbsp;&nbsp;300 | Lazard Retirement International Equity Svc |
| &nbsp;&nbsp;&nbsp;185 | AVIP BlackRock Advantage International Equity I | &nbsp;&nbsp;&nbsp;306 | Templeton Foreign VIP 2 |
| &nbsp;&nbsp;&nbsp;188 | AVIP Fidelity Institutional AM<sup>®</sup> Equity Growth I | &nbsp;&nbsp;&nbsp;307 | Franklin DynaTech VIP 2 |
| &nbsp;&nbsp;&nbsp;190 | AVIP S&P 500<sup>®</sup> Index I | &nbsp;&nbsp;&nbsp;308 | Franklin Income VIP 2 |
| &nbsp;&nbsp;&nbsp;192 | AVIP AB Small Cap I | &nbsp;&nbsp;&nbsp;309 | AVIP S&P MidCap 400<sup>®</sup> Index I |
| &nbsp;&nbsp;&nbsp;193 | AVIP AB Mid Cap Core I | &nbsp;&nbsp;&nbsp;311 | Invesco V.I. EQV International Equity II |
| &nbsp;&nbsp;&nbsp;195 | Fidelity<sup>®</sup> VIP Growth Portfolio | &nbsp;&nbsp;&nbsp;312 | Morgan Stanley VIF Growth II |
| &nbsp;&nbsp;&nbsp;196 | Fidelity<sup>®</sup> VIP Equity-Income Portfolio | &nbsp;&nbsp;&nbsp;313 | Neuberger Berman AMT Mid Cap Intrinsic Value S |
| &nbsp;&nbsp;&nbsp;197 | Fidelity<sup>®</sup> VIP High Income Portfolio | &nbsp;&nbsp;&nbsp;316 | AVIP BlackRock Advantage Large Cap Growth I |
| &nbsp;&nbsp;&nbsp;204 | Janus Henderson Research Inst | &nbsp;&nbsp;&nbsp;323 | Federated Hermes Kaufmann II Svc |
| &nbsp;&nbsp;&nbsp;205 | Janus Henderson Overseas Inst | &nbsp;&nbsp;&nbsp;324 | Franklin Allocation VIP 4 |
| &nbsp;&nbsp;&nbsp;206 | Janus Henderson Global Research Inst | &nbsp;&nbsp;&nbsp;325 | Goldman Sachs Large Cap Value Svc |
| &nbsp;&nbsp;&nbsp;207 | Janus Henderson Balanced Inst | &nbsp;&nbsp;&nbsp;326 | Goldman Sachs U.S. Equity Insights Svc |
| &nbsp;&nbsp;&nbsp;209 | ClearBridge Variable Dividend Strategy I | &nbsp;&nbsp;&nbsp;327 | Goldman Sachs Strategic Growth Svc |
| &nbsp;&nbsp;&nbsp;210 | ClearBridge Variable Large Cap Value I | &nbsp;&nbsp;&nbsp;329 | Franklin DynaTech VIP Fund |
| &nbsp;&nbsp;&nbsp;211 | Allspring VT Opportunity 2 | &nbsp;&nbsp;&nbsp;330 | Franklin Income VIP 4 |
| &nbsp;&nbsp;&nbsp;215 | Invesco V.I. Comstock I | &nbsp;&nbsp;&nbsp;331 | Fidelity<sup>®</sup> VIP Real Estate Svc2 |
| &nbsp;&nbsp;&nbsp;217 | AVIP Federated High Income Bond I | &nbsp;&nbsp;&nbsp;332 | Nomura VIP Asset Strategy Series Svc |
| &nbsp;&nbsp;&nbsp;219 | AVIP BlackRock Advantage Large Cap Value I | &nbsp;&nbsp;&nbsp;333 | Nomura VIP Natural Resources Series Svc |
| &nbsp;&nbsp;&nbsp;220 | LVIP JPMorgan Small Cap Core S | &nbsp;&nbsp;&nbsp;334 | Nomura VIP Science and Technology Series Svc |
| &nbsp;&nbsp;&nbsp;221 | Goldman Sachs Large Cap Value Fund | &nbsp;&nbsp;&nbsp;335 | PIMCO CommodityRealReturn<sup>®</sup> Strategy Adm |
| &nbsp;&nbsp;&nbsp;222 | Goldman Sachs U.S. Equity Insights Funds | &nbsp;&nbsp;&nbsp;359 | PIMCO Short-Term Adm |
| &nbsp;&nbsp;&nbsp;224 | Goldman Sachs Strategic Growth Inst | &nbsp;&nbsp;&nbsp;360 | AVIP Constellation Dynamic Risk Balanced I |
| &nbsp;&nbsp;&nbsp;227 | Allspring VT Discovery SMID Cap Growth Fund | &nbsp;&nbsp;&nbsp;364 | MFS<sup>®</sup> Massachusetts Investors Growth Stock Svc |
| &nbsp;&nbsp;&nbsp;244 | Lazard Retirement Emerging Markets Equity Svc | &nbsp;&nbsp;&nbsp;370 | PIMCO Low Duration Adm |
| &nbsp;&nbsp;&nbsp;245 | Lazard Retirement US Small Cap Equity Select Port | &nbsp;&nbsp;&nbsp;372 | AVIP Constellation Managed Risk Balanced I |
| &nbsp;&nbsp;&nbsp;258 | Janus Henderson Research Fund | &nbsp;&nbsp;&nbsp;373 | AVIP Constellation Managed Risk Moderate Growth I |
| &nbsp;&nbsp;&nbsp;259 | Janus Henderson Global Research Fund | &nbsp;&nbsp;&nbsp;374 | AVIP Constellation Managed Risk Growth I |
| &nbsp;&nbsp;&nbsp;260 | Janus Henderson Balanced Fund | &nbsp;&nbsp;&nbsp;375 | AVIP Intech U.S. Low Volatility I |
| &nbsp;&nbsp;&nbsp;262 | PSF PGIM Jennison Growth Portfolio | &nbsp;&nbsp;&nbsp;378 | AVIP BlackRock Advantage Large Cap Value II |
| &nbsp;&nbsp;&nbsp;263 | AVIP Nasdaq-100 Index I | &nbsp;&nbsp;&nbsp;379 | AVIP BlackRock Advantage International Equity II |
| &nbsp;&nbsp;&nbsp;265 | Janus Henderson VIT Research Svc | &nbsp;&nbsp;&nbsp;380 | AVIP Bond II |
| &nbsp;&nbsp;&nbsp;266 | Janus Henderson VIT Global Research Svc | &nbsp;&nbsp;&nbsp;381 | AVIP Core Plus Bond II |
| &nbsp;&nbsp;&nbsp;267 | Janus Henderson VIT Balanced Svc | &nbsp;&nbsp;&nbsp;382 | AVIP High Income Bond II |
| &nbsp;&nbsp;&nbsp;268 | Janus Henderson VIT Overseas Svc | &nbsp;&nbsp;&nbsp;383 | AVIP Fidelity Institutional AM<sup>®</sup> Equity Growth II |
| &nbsp;&nbsp;&nbsp;269 | Fidelity<sup>®</sup> VIP Mid Cap Svc2 | &nbsp;&nbsp;&nbsp;384 | AVIP Intech U.S. Low Volatility II |
| &nbsp;&nbsp;&nbsp;270 | Fidelity<sup>®</sup> VIP Contrafund Svc 2 | &nbsp;&nbsp;&nbsp;385 | AVIP Nasdaq-100<sup>®</sup> Index II |
| &nbsp;&nbsp;&nbsp;271 | Fidelity<sup>®</sup> VIP Growth Portfolio | &nbsp;&nbsp;&nbsp;386 | AVIP S&P 500<sup>®</sup> Index II |
| &nbsp;&nbsp;&nbsp;273 | LVIP JPMorgan Mid Cap Value S | &nbsp;&nbsp;&nbsp;387 | AVIP S&P MIdCap 400<sup>®</sup> Index II |
| &nbsp;&nbsp;&nbsp;274 | MFS<sup>®</sup> New Discovery Series Svc | &nbsp;&nbsp;&nbsp;400 | AVIP Federated Core Plus Bond I |
| &nbsp;&nbsp;&nbsp;276 | MFS<sup>®</sup> VIT Mid Cap Growth Series Svc | &nbsp;&nbsp;&nbsp;402 | American Funds IS<sup>®</sup> Global Growth 4 |
| &nbsp;&nbsp;&nbsp;277 | MFS<sup>®</sup> Total Return Series Svc | &nbsp;&nbsp;&nbsp;403 | American Funds IS<sup>®</sup> Growth 4 |
| &nbsp;&nbsp;&nbsp;280 | AB VPS Small Cap Growth Portfolio | &nbsp;&nbsp;&nbsp;404 | American Funds IS<sup>®</sup> Growth-Income 4 |
| &nbsp;&nbsp;&nbsp;281 | AB VPS Relative Value Portfolio | &nbsp;&nbsp;&nbsp;405 | Fidelity VIP Government Money Market Svc2 |
| &nbsp;&nbsp;&nbsp;283 | AVIP BlackRock Advantage Small Cap Growth I | &nbsp;&nbsp;&nbsp;406 | Invesco V.I. Comstock II |
| &nbsp;&nbsp;&nbsp;284 | AVIP BlackRock Advantage Large Cap Core I | &nbsp;&nbsp;&nbsp;407 | PIMCO VIT Income Adv |
| &nbsp;&nbsp;&nbsp;285 | PIMCO Real Return Adm | &nbsp;&nbsp;&nbsp;408 | PIMCO VIT Real Return Adv |
| &nbsp;&nbsp;&nbsp;286 | PIMCO Total Return Adm | &nbsp;&nbsp;&nbsp;420 | AVIP Moderately Conservative Model I |
| &nbsp;&nbsp;&nbsp;287 | PIMCO Global Bond Opportunities (Unhedged) Adm | &nbsp;&nbsp;&nbsp;430 | AVIP Balanced Model I |
| &nbsp;&nbsp;&nbsp;289 | BNY Mellon Appreciation Svc | &nbsp;&nbsp;&nbsp;440 | AVIP Moderate Growth Model I |
|  |  | &nbsp;&nbsp;&nbsp;450 | AVIP Growth Model I |

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Schedule B

SCHEDULE B

Separate Accounts and General Account Subaccounts

FIXED SUBACCOUNTS:

AuguStar Life Insurance Company General Account

Fixed Account

Protected Fixed Account

Dollar Cost Averaging – 12 Months

Dollar Cost Averaging – 6 Months

Schedule B

SCHEDULE D

J. For ANNUITY CONTRACTS and associated riders issued on or after January 1, 2026, the CEDING COMPANY shall pay to the REINSURER the
REINSURER'S quota share of the cash surrender value applicable to any new RETAIL ANNUITY PREMIUMS allocated to the general account
as a one-time payment. In addition, the Annual Rate(s) to calculate the MONTHLY REINSURANCE PREMIUM can be found in the respective policy
contract. For such Base Contracts and Rider Benefits within this Section J, the MONTHLY REINSURANCE PREMIUM will represent the full annual
amount and will not be equal to one-twelfth of the Annual Rate.

Schedule D

SCHEDULE E

REINSURER Share of Risk by GUARANTEED BENEFIT TYPE

For each ANNUITY CONTRACT with RETAIL ANNUITY PREMIUM no greater than $5,000,000, the REINSURER liability will be as discussed below.

For each ANNUITY CONTRACT with aggregate RETAIL ANNUITY PREMIUM in excess of $5,000,000, the REINSURER'S liability equals {$5,000,000 divided by aggregate retail annuity premiums}, times the share of risk described below.

The REINSURER will accept 100% of the risks for all GMIB Riders, without retention by the ISSUER or the CEDING COMPANY, for claims paid relating to such riders in Section A of Schedule D.

The REINSURER will accept 100% of the risks for all GMIB Riders, after retention by the ISSUER and without retention by the CEDING COMPANY, for claims paid relating to such riders in Section B of Schedule D.

The REINSURER will accept 100% of the risks for all GMDB Riders, without retention by the ISSUER or the CEDING COMPANY, for claims paid relating to such riders in Section C of Schedule D.

The REINSURER will accept 100% of the risks for all GMDB Riders, after 85% retention by the ISSUER and without retention by the CEDING COMPANY, for claims paid relating to such riders in Section D of Schedule D.

The REINSURER will accept 100% of the risks for all GLWB Riders and the related death benefit, without retention by the ISSUER or the CEDING COMPANY, for claims paid relating to such riders issued on or after **May 3, 2010**, as described in Sections F and G of Schedule D.

The REINSURER will accept 100% of the risks for all GLWB Preferred IS Riders and the related death benefit, without retention by the ISSUER or the CEDING COMPANY, for claims paid to such riders in Section H of Schedule D.

The REINSURER will accept 100% of base contract death benefits, without retention by the CEDING COMPANY, for claims paid relating to benefits in Section I of Schedule D.

The REINSURER will accept 100% of the risks for all GLWB Riders, without retention by the CEDING COMPANY, for claims paid relating to such riders in Section J of Schedule D.

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| | | |
|:---|:---|:---|
| **Benefit Type** | **Quota Share** | |
| GMIB section A |  | 100% |
| GMIB section B | 100% after ISSUER retention |  |
| GMDB section C |  | 100% |
| GMDB section D | 100% after 85% ISSUER retention | 100% after 85% ISSUER retention |
| GLWB Rider section F |  | 100% |
| GLWB PLUS section G |  | 100% |
| GLWB Preferred I.S. Rider section H |  | 100% |
| Base Contract Death Benefits – Section I |  | 100% |
| GLWB Rider Section J |  | 100% |

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Schedule H

SCHEDULE H

EXPENSE ALLOWANCE

For ANNUITY CONTRACTS issued prior to 1/1/2026:

The EXPENSE ALLOWANCE payable with respect to any ACCOUNTING PERIOD shall be equal to the PER POLICY ALLOWANCE plus the ACCOUNT VALUE ALLOWANCE.

The PER POLICY ALLOWANCE shall be equal to (a) the applicable per annum rate (as described below), *divided* by twelve (12), *multiplied* by (b) the total number of ACTIVE CONTRACTS in force as of the last day of the preceding ACCOUNTING PERIOD.

The applicable per annum rate for the PER POLICY ALLOWANCE shall be $150 per ACTIVE CONTRACT.

The ACCOUNT VALUE ALLOWANCE shall be equal to (a) the applicable per annum rate (as described below), *divided* by twelve (12), *multiplied* by (b) (i) the total ACCOUNT VALUE as of the last day of the preceding ACCOUNTING PERIOD, *plus* the total ACCOUNT VALUE as of the last day of the current ACCOUNTING PERIOD, *divided* by (ii) two (2).

The applicable per annum rate for the ACCOUNT VALUE ALLOWANCE shall be 0.55%.

Notwithstanding the above, the total EXPENSE ALLOWANCE payable with respect to each ACCOUNTING PERIOD shall never be less than $250,000.

For ANNUITY CONTRACTS issued on or after 1/1/2026:

From and after the Effective Date, with respect to each ACCOUNTING PERIOD, the REINSURER shall owe to the CEDING COMPANY the full amount in respect of EXPENSE ALLOWANCES of the ANNUITY CONTRACTS. The tables herein represent the approximate EXPENSE ALLOWANCES and may be updated from time to time. The CEDING COMPANY will communicate any changes to the REINSURER at least thirty (30) BUSINESS DAYS prior to the change, and any such change shall be deemed approved if not expressly disapproved. Ongoing EXPENSE ALLOWANCES will be divided by the number of ACCOUNTING PERIODS in a calendar year.

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| | |
|:---|:---|
| Ongoing Maintenance Expense per policy allowance: | $420 with 2% annual inflation, beginning at the Effective Date and the 1<sup>st</sup> day of the month following the anniversary of the Effective date as the end date of each annual inflation period |
| Premium Tax: | To the extent any premium taxes apply on policies covered, taxes will be reimbursed by REINSURER equal to the state tax to which the policy was issued. |

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Schedule H

## Exhibit 99.27

**Manda Ghaferi** <br> Direct Line: (310) 433-5690<br> E-mail: Manda_Ghaferi@augustarfinancial.com<br>AuguStar<br> One Financial Way,<br> Montgomery, Ohio 45242<br>

**<u>VIA EDGAR & E-MAIL</u>**

May 15, 2026

U.S. Securities and Exchange Commission

Division of Investment Management

100 F. Street, NE

Washington, DC 20549

Dear Madam/Sir:

Referring to this Registration Statement on behalf of AuguStar Variable Account A ("Separate Account") and the Registration Statement on Form N-4/A to be filed on May 15, 2026 (the "Registration Statements") on behalf of the Separate Account and having examined and being familiar with the Articles of Incorporation and By-Laws of AuguStar Life Insurance Company ("ALIC"), the applicable resolutions relating to the Separate Account and other pertinent records and documents, I am of the opinion that:

1) ALIC is a duly organized and existing stock life insurance company under the laws of the State of Ohio;

2) The Separate Account is a duly organized and existing separate account of ALIC;

3) Assets allocated to the Separate Account are owned by ALIC and ALIC is not a trustee with respect thereto. The annuity contracts provide that the portion of the assets of the Separate Account equal to the reserves and other annuity contract liabilities with respect to the Separate Account will not be chargeable with the liabilities arising out of any other business ALIC may conduct. ALIC reserves the right to transfer assets of the Separate Account in excess of such reserves and other liabilities to the general account of ALIC.

4) The annuity contracts being registered by the Registration Statement will, upon sale thereof, be duly authorized and constitute validly issued and binding obligations of ALIC in accordance with their terms, except as enforceability may be limited by bankruptcy, insolvency, reorganization or similar laws affecting the rights of creditors generally.

I hereby consent to the filing of this opinion with the Securities and Exchange Commission as an exhibit to the Registration Statement.

Very truly yours,

/s/ Manda Ghaferi

Name: Manda Ghaferi <br> Title: General Counsel, ALIC

## Exhibit 99.27

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| | |
|:---|:---|
| ![](fp0098597-1_l01.jpg) | KPMG LLP<br> Suite 500<br> 191 West Nationwide Blvd.<br> Columbus, OH 43215-2568 |

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**Consent of Independent Registered Public Accounting Firm**

We consent to the use of our report dated April 7, 2026, with respect to the financial statements of the sub-accounts that comprise AuguStar® Variable Account A, and the related notes (collectively, the financial statements), incorporated herein by reference, and to the reference to our firm under the heading "Independent Registered Public Accounting Firm" in the Statement of Additional Information (File No. 333-290558).

/s/ KPMG LLP

Columbus, Ohio<br> May 13, 2026

KPMG LLP, a Delaware limited liability partnership, and its subsidiaries are part of the KPMG global organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee.

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| | |
|:---|:---|
| ![](fp0098597-1_l01.jpg) | KPMG LLP<br> 2500 Ruan Center<br> 666 Grand Avenue<br> Des Moines, IA 50309 |

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**Consent of Independent Registered Public Accounting Firm**

We consent to the use of our report dated April 8, 2026, with respect to the statutory financial statements and financial statement schedules of AuguStar Life Insurance Company, incorporated herein by reference, and to the reference to our firm under the heading "Independent Registered Public Accounting Firm" in the Statement of Additional Information (File No. 333-290558).

/s/ KPMG LLP

Des Moines, Iowa<br> May 13, 2026

KPMG LLP, a Delaware limited liability partnership, and its subsidiaries are part of the KPMG global organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee.

## Exhibit 99.27

**StarStream<sup>®</sup>**

Flexible Premium Deferred Variable Annuity

Issued by Depositor

**AuguStar<sup>®</sup> Life Insurance Company** 

in all states except in New York

**AuguStar Variable Account A**

**Summary Prospectus for New Investors**

May 18, 2026

This summary prospectus summarizes key features of StarStream Variable Annuity, a flexible premium deferred variable annuity contract. Before You invest, You should also review the Contract's prospectus, which contains more information about the Contract's features, benefits and risks. You can find the current prospectus and other information about the Contract online at www.augustarfinancial.com/starstream. You can also obtain this information at no cost by calling 888.925.6446, emailing AnnuityService@augustarfinancial.com, or by writing to One Financial Way, Montgomery, Ohio 45242.

 

**You may cancel Your Contract within 10 days of receiving it without paying fees or penalties. In some states, this cancellation period may be longer. Upon cancellation, You will receive either a full refund of the amount You paid with your application or Your total Contract Value. 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 Contract is a complex investment and involves risks, including potential loss of principal. The Contract is not a short-term investment. It is not suitable for investors needing ready access to cash. Withdrawals may trigger withdrawal charges, fees, taxes, and tax penalties. Optional Benefits contain limitations on withdrawals that, if exceeded, may have a significant negative impact on the value of the benefit and may cause the benefit to terminate prematurely.**

**Our ability to meet Contract obligations depends on Our financial strength and claims-paying capacity.**

**Neither the Securities and Exchange Commission (SEC) nor any state securities commission has approved or disapproved these securities or passed upon the adequacy of the prospectus. It is a criminal offense to represent otherwise. We do not intend for the prospectus to be an offer to sell or a solicitation of an offer to buy these securities in any state where this is not permitted.**

**The contracts are not insured by the FDIC or any other agency. They are not deposits or other obligations of any bank and are not bank guaranteed. They are subject to investment risks and possible loss of principal.** This summary prospectus must be accompanied by the current Rate Sheet Supplement. For all new Optional Benefit elections, We issue a Rate Sheet Supplement to update the "**Are There Ongoing Fees and Expenses**" in the "**Important Information You Should Consider About the Contract**" sections in the prospectus. The Rate Sheet Supplement also provides the following current values for the **Level**, **Boost**, **Daily**, and **Protector** Optional Benefits:

● Optional Benefit Fee;

● Maximum Protected Annual Withdrawal Rates;

● Maximum Annual Optional Benefit Fee Adjustment;

● Charge Freeze Period;

● Roll-Up Rate;

● Roll-Up Period; and

● Deferral Credit Rates

Additionally, the Rate Sheet Supplement provides the following current values for the **Protected Death Benefit**:

● Protected Death Benefit Fee;

● Maximum Annual Protected Death Benefit Fee Adjustment; and

● Protected Death Benefit Charge Freeze Period

After your Contract is issued, the percentages and terms listed above are guaranteed not to change for the life of your Contract, except for the Optional Benefit fee and Protected Death Benefit fee which may change after the contract is issued. You will be notified in writing by Us of any change in fee. The Rate Sheet Supplement indicates the deadline by which Your application or spousal continuation election form must be signed and dated to lock in the disclosed rates and terms.

**Table of Contents**

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| | |
|:---|:---|
| Overview of the Contract | 6 |
| Important Information You Should Consider About the Contract | 9 |
| Benefits Available Under the Contract | 13 |
| Buying the Contract | 18 |
| Making Withdrawals: Accessing Your Money in Your Contract | 21 |
| Additional Information about Fees | 25 |
| Appendix A – Investment Options Available Under the Contract | 28 |
| Appendix B – Optional Benefit Investment Requirements | 33 |

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**Glossary**

**Accumulation Units** – A unit of measure used to compute the variable portion of Your Contract Value during the accumulation phase.

**Annuitant** – The natural person whose life is used to determine the Annuity Income Payments on the Annuity Payout Date and when any death benefit will be paid under this Contract.

**Annuity Income Payments** – income payment(s) the payee receives under the available annuity options after You annuitize Your Contract.

**Annuity Payout Date** – The date on which Annuity Income Payments begin.

**Beneficiary** – The person(s) or entity(ies) designated by the owner to receive the death benefit, if any.

**Benefit Date** – The date that an Optional Benefit becomes effective.

**Benefit Date Anniversary** – A reoccurring date that occurs on the same date monthly, quarterly (a consecutive three (3) month period), or yearly from the Benefit Date.

**Benefit Year** – Beginning on the Benefit Date, each one year period (365 days) that an Optional Benefit remains in-force.

**Charge Freeze Period** – The period in which We guarantee that the Optional Benefit Fee will not change.

**Contract Value** – the sum of: (a) Your share of the Variable Portfolios' Accumulation Values; and (b) the value of amounts, if any, allocated to any available Fixed Account Option(s).

**Covered Life(ves)** – The person or persons whose lifetime withdrawals or income are guaranteed.

**Deferral Credit Period** – The period(s) of time after which the Deferral Credit Rate will be applied if withdrawals are deferred.

**Deferral Credit Rate** – A percentage added to the Maximum Protected Annual Withdrawal Rate, if withdrawals are deferred for the Deferral Credit Period(s).

**Enhanced Dollar Cost Averaging (EDCA)** – An automatic transfer program under which a specified dollar amount or percentage of Contract Value is systematically transferred from the EDCA Fixed Account to one or more eligible Variable Portfolios on a periodic basis.

**Excess Withdrawal** – Any withdrawal that is taken in a Benefit Year after the Protected Lifetime Withdrawal Period has commenced and exceeds the greater of the Maximum Protected Annual Withdrawal or the required minimum distribution amount calculated by the Company. An Excess Withdrawal will cause the Protected Benefit Base and the Maximum Protected Annual Withdrawal to be reduced and may result in termination of the Optional Benefit and the Contract.

**Fixed Account** – An account, if available, in which You may invest Purchase Payments and earn a fixed rate of return and is an obligation of the general account.

**Good Order** – The necessary, complete, and accurate forms and/or information that You are required to provide to Us so that We may complete a requested transaction.

**Investment Requirements** – If You elect an Optional Benefit, You must be invested in accordance with certain requirements outlined in "**Appendix B – Optional Benefit Investment Requirements**."

**Latest Annuity Payout Date** – The date upon which Annuity Income Payments must begin or that the Contract Value must be fully withdrawn. The Latest Annuity Payout Date is based on the Annuitant's date of birth.

**Market Close** – The close of the New York Stock Exchange ("NYSE") on business days, excluding holidays, usually at 4:00pm Eastern Time. A business day is considered a day other than a Saturday, Sunday, federal holiday, or a day when the NYSE is officially closed.

**Maximum Annual Optional Benefit Fee Adjustment** – The maximum rate the Optional Benefit Fee may be adjusted by in any Benefit Year, after the Charge Freeze Period.

**Maximum Annual Protected Death Benefit Fee Adjustment** – The maximum rate the Protected Death Benefit Fee may be adjusted by in any Benefit Year, after the Protected Death Benefit Charge Freeze Period.

**Maximum Optional Benefit Fee** – The maximum rate that the Optional Benefit Fee may be increased to, after the Charge Freeze Period.

**Maximum Protected Annual Withdrawal (MPAW)** – The maximum amount that may be withdrawn or taken as income each Benefit Year after entering the Protected Lifetime Withdrawal Period or the Protected Lifetime Income Period.

**Maximum Protected Annual Withdrawal Rate ("MPAW Rate")** – The percentage used to calculate the MPAW amount; it is an age-based percentage that is locked in at the commencement of the Protected Lifetime Withdrawal Period and/or the Protected Lifetime Income Period.

**Optional Benefit** – A benefit that You may elect, designed to help create guaranteed withdrawals or income for life and provide some protection against certain financial risks. An Optional Benefit may provide a death benefit that does not reduce for certain withdrawals.

**Optional Benefit Fee** – The fee assessed for providing an Optional Benefit.

**Pre-Lifetime Withdrawal** – A one-time only withdrawal election to have the withdrawal not treated as a Protected Lifetime Withdrawal. This must be taken, if at all, prior to the Protected Lifetime Withdrawal Period. Pre-Lifetime Withdrawal will cause the Protected Benefit Base and the Maximum Protected Annual Withdrawal to be reduced.

**Protected Benefit Base –** The value used to determine the fee and the maximum amount that may be withdrawn or taken as income each Benefit Year after entering the Protected Lifetime Withdrawal Period or the Protected Lifetime Income Period.

**Protected Death Benefit** – A death benefit equal to the greater of the Protected Death Benefit Base or the Contract Value.

**Protected Death Benefit Base** – The value used to determine the Protected Death Benefit.

**Protected Death Benefit Charge Freeze Period** - The period in which We guarantee that the Protected Death Benefit Fee will not change.

**Protected Death Benefit Fee** – The fee assessed for providing the Protected Death Benefit, in addition to the Optional Benefit Fee.

**Protected Fixed Account** – A Fixed Account available only with the Optional Benefits, to which You are required to allocate to, and which earns a fixed rate of return.

**Protected Lifetime Income Amount** – The annual income amount paid during the Protected Lifetime Income Period that is equal to the MPAW amount.

**Protected Lifetime Income Period** – The period beginning at the earlier of the date the Contract Value is reduced to zero (0) not due to Excess Withdrawals or the Latest Annuity Payout Date during which the Protected Lifetime Income Amount is paid.

**Protected Lifetime Withdrawal** – Any withdrawal amounts up to the greater of the MPAW or required minimum distributions (RMD) amount, as applicable for a Benefit Year during the Protected Lifetime Withdrawal Period.

**Protected Lifetime Withdrawal Period** – The period that begins when the first Protected Lifetime Withdrawal is taken and continues until the Optional Benefit enters the Protected Lifetime Income Period or is terminated.

**Purchase Payments** – The money You give Us to buy and invest in the Contract.

**Rate Sheet Supplement** – A supplement to the prospectus that provides the terms for the Optional Benefits when You purchase the Contract.

**Roll-Up Base –** A calculation value used to determine the Protected Benefit Base which is in turn used to determine the guaranteed withdrawal and income amounts that may be increased by a simple interest rate during a limited period if required conditions are met.

**Roll-Up Calculation Base** – The initial Protected Benefit Base plus any subsequent Purchase Payments and reduced proportionally for the Pre-Lifetime Withdrawal or any Excess Withdrawals.

**Roll-Up Period** – Beginning on the Benefit Date, the maximum period of time that the Roll-Up Rate will apply.

**Roll-Up Rate** – The simple interest rate used to calculate the roll-up during the Roll-Up Period provided no withdrawals (except the Pre-Lifetime Withdrawal) have occurred during the twelve-month period that follows the prior yearly Benefit Date Anniversary.

**Separate Account–** AuguStar Variable Account A ("VAA"), a segregated asset account maintained by Us separately from Our general account. The Separate Account consists of Variable Portfolios investing in shares of Underlying Funds.

**Trust(s)** – Collectively refers to the AuguStar<sup>®</sup> Variable Insurance Products Fund, Inc, AIM Variable Insurance Funds (Invesco Variable Insurance Funds), American Funds Insurance Series<sup>®</sup>, Fidelity<sup>®</sup> Variable Insurance Products, Franklin Templeton Variable Insurance Products Trust, Goldman Sachs Variable Insurance Trust, Ivy Variable Insurance Portfolios, Janus Aspen Series, MFS<sup>®</sup> Variable Insurance Trust, and PIMCO Variable Insurance Trust.

**Underlying Fund** – The underlying investment portfolios of the Trusts in which a Variable Portfolio invests.

**Valuation Period** – The period of time from determination of one Accumulation Unit value or annuity unit value to the next determination. A Valuation Period usually ends at Market Close. The Valuation Period may end sooner to correspond to earlier closing of the New York Stock Exchange. Accumulation Unit value and annuity unit values for each annuity period are determined at the end of that Valuation Period.

**Variable Portfolio(s)** – A variable investment option available under the Contract. Each Variable Portfolio, which is a subaccount of the Separate Account, invests in shares of one of the Underlying Funds. Each Underlying Fund has its own investment objective.

**We, Us, Our, the Company, AuguStar, AuguStar Life** – AuguStar Life Insurance Company.

**You, Your** – The owner.

**Overview of the Contract**

***Purpose***

This Contract is designed to help You save for retirement or other long-term goals by offering a range of investment options during the accumulation phase.

It can also provide:

● **A Death Benefit** to protect Your chosen Beneficiaries.

● **Optional Benefits** that provide for lifetime withdrawal and income guarantees, subject to conditions.

● **Annuity Income Payments** that can provide steady income during retirement.

This Contract is best suited for people with long-term financial goals. It may not be appropriate for You if You expect to need Your money in the short term.

***Phases of the Contract***

The Contract has two phases: (1) an accumulation (savings) phase, prior to the Annuity Payout Date; and (2) an income phase, after the Annuity Payout Date.

**Accumulation Phase.** To help You accumulate assets during the accumulation phase, You can invest Your Purchase Payments and Contract Value in:

● **Variable Portfolios** available under the Contract, each of which invests in an Underlying Fund with its own investment objective, strategies, and risks; investment advisor(s); expense ratio; and performance history; and

● **Fixed Account(s)**, if available, which guarantees principal and a minimum interest rate.

**Additional information about each Variable Portfolio and Fixed Account is provided in "Appendix A** – **Investment Options Available Under the Contract."** 

**Income Phase**. You can start the income phase by electing to annuitize Your Contract and turn Your Contract Value into a stream of income payments (Annuity Income Payments). Annuitizing Your Contract ends the accumulation phase. At the time of annuitization, You will elect the duration of the Annuity Income Payments—either for a fixed period of time or for the duration of the last Annuitant's life. You also elect whether the Annuity Income Payments will be fixed or variable. After annuitization begins, the only value associated with the Contract is the Annuity Income Payments. Additionally, once the Contract is annuitized, there is no death benefit. This means that upon the death of the last Annuitant, all payments stop and the Contract terminates, unless the particular annuitization option provides otherwise. If You elect an Optional Benefit, You may enter the income phase by annuitizing the Contract; however, Your Optional Benefit will terminate, and Your remaining Contract Value will be applied to the selected annuity option. If Your Contract is still in the accumulation phase on the Latest Annuity Payout Date, Your Optional Benefit will automatically enter the Protected Lifetime Income Period and Your remaining Contract Value will be forfeited to Us. Alternatively, You could elect to annuitize Your Contract and apply Your remaining Contract Value to an annuity option. You can also make a full withdrawal of the Contract Value on the Latest Annuity Payout Date, if the Contract is still in the accumulation phase and if the withdrawal request is received by Market Close by or before the Latest Annuity Payout Date in Good Order.

***Contract Features***

**Enhanced Dollar Cost Averaging**. At no additional charge, You may participate in Enhanced Dollar Cost Averaging, which automatically transfers a dollar amount or percentage of money from the EDCA Fixed Account to pre-selected Variable Portfolios. Please see ***Enhanced Dollar Cost Averaging*** in **"Standard Benefits Included in the Contract"** in the prospectus. Certain restrictions apply.

**Deposits to the Account**. You can apply additional Purchase Payments to the Contract until the Annuity Payout Date, subject to certain restrictions. Please refer to **"Buying the Contract"**.

**Withdrawals from the Contract.** You can withdraw some or all of Your Contract Value at any time prior to annuitization, subject to certain restrictions. A withdrawal charge may apply, as well as taxes and tax penalties. Withdrawals may also reduce the value of Your Contract's benefits (including the death benefit and any Optional Benefit), by an amount that could be greater than the amount withdrawn and could result in the termination of the benefit. After annuitization, withdrawals are not permitted unless otherwise specified by the applicable annuity option.

**Standard Death Benefit**. If the Annuitant dies during the accumulation phase, the Beneficiary will receive the return of purchase payment death benefit which offers the greater of the (a) Contract Value or (b) Purchase Payments proportionally reduced for withdrawals. There is no additional charge for this death benefit.

**Spousal Continuation**. If the surviving spouse chooses to continue the Contract and becomes the sole owner and Annuitant, the surviving spouse's Beneficiary will receive the death benefit upon the death of the surviving spouse, subject to certain conditions. Please see ***Spousal Continuation*** in **"Standard Benefits Included in the Contract"** in the prospectus.

**Tax Deferral**. Your Purchase Payments accumulate earnings, if any, on a tax-deferred basis. This means Your earnings are not taxed until You take money out of Your Contract, such as when (1) You take a withdrawal; (2) You receive an Annuity Income Payment (or Protected Lifetime Income Amount under an Optional Benefit), or (3) upon payment of a death benefit.

**Rebalancing**. At no additional charge, You can elect to automatically reallocate Your Contract Value among Your Variable Portfolios periodically to maintain Your selected allocation percentages. Please see ***Rebalancing*** in **"Standard Benefits Included in the Contract"** in the prospectus. Certain restrictions apply.

**Systematic Withdrawal.** At no additional charge, You can elect to receive periodic withdrawals from Your Contract on a monthly, quarterly, semi-annual, or annual basis. Please refer to ***Systematic Withdrawals*** in **"Making Withdrawals: Accessing Your Money in Your Contract"**. Certain restrictions apply.

**Optional Benefits.** For an additional charge, You may elect one of four optional guaranteed lifetime withdrawal benefits. If You follow the applicable rules, each Optional Benefit provides for guaranteed withdrawals each year for life (the Protected Lifetime Withdrawal) or a guaranteed income each year for life after Your annuity Contract Value is zero or You reach the Latest Annuity Payment Date (the Protected Lifetime Income Amount). Each Optional Benefit also includes a deferral credit feature. If You wait until the end of a specified period (the Deferral Credit Period) to take Your first withdrawal (a Protected Lifetime Withdrawal), You may be eligible to increase the maximum amount of Your annual permitted withdrawals by a Deferral Credit Rate, thereby increasing the amount of Your withdrawals.

You may elect only one Optional Benefit at Contract issue and upon spousal continuation, if available. The four Optional Benefits from which You can choose one, are:

● **Level** – Provides a consistent, level amount of lifetime withdrawals and income.

● **Daily** – Provides a consistent level amount of lifetime withdrawals and income with potential additional benefits as a result of quarterly step-ups looking back at the previous quarter's daily values.

● **Boost** – Provides a consistent level amount of lifetime withdrawals and income with higher withdrawals than income payments.

● **Protector** – Provides a consistent level amount of lifetime withdrawals and income with an enhanced death benefit.

**Protected Death Benefit**. If You elect the Protector Optional Benefit for an additional charge, it will include an enhanced death benefit (Protected Death Benefit) that replaces the standard death benefit. There is a second additional charge associated with the Protected Death Benefit. Under the Protected Death Benefit, Protected Lifetime Withdrawals will not reduce the death benefit's guarantee.

**Important Information You Should Consider About the Contract**

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| | | |
|:---|:---|:---|
| **Fees, Expenses, and Adjustments** | **Fees, Expenses, and Adjustments** | **Location in<br> Prospectus** |
| Are There Charges or Adjustments for Early Withdrawals? | **Yes**. If You withdraw money from the Contract within 7 years after Your last Purchase Payment, a withdrawal charge may apply. The maximum withdrawal charge is 8%, as a percentage of Purchase Payments withdrawn. For example, if You make an early withdrawal, You could pay a withdrawal charge of up to $8,000 on a $100,000 investment. This loss will be greater if there are taxes or tax penalties. | Fees and Expenses Table<br>Fees and Charges the Company Deducts – Withdrawal Charge |
| Are There Transaction Charges? | **Yes.** In addition to withdrawal charges, You may be charged for other transactions. You will be charged for each transfer after the first 25 transfers in any Contract year during the accumulation phase. There may be taxes on Purchase Payments. | Fees and Expenses Table<br>Fees and Charges the Company Deducts – Transfer Fee |
| Are There Ongoing Fees and Expenses? | **Yes.** The table below describes the fees and expenses that You may pay *each year*, depending on the investment options and Optional Benefits 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. | Fees and Expenses Table<br>Fees and Charges the Company Deducts <br>|

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|:---|:---|
| **Annual Fee** | Appendix A – Investment Options Available under the Contract |
| 1. Base Contract 1.31%<sup>1</sup> | Appendix A – Investment Options Available under the Contract |
| 2. Underlying Fund fees and expenses 0.50%<sup>2</sup> 1.49%<sup>2</sup> | Appendix A – Investment Options Available under the Contract |
| 3. Optional Benefits available for an additional charge (for a single optional benefit, if elected) See Rate Sheet Supplement <sup>3</sup> | Appendix A – Investment Options Available under the Contract |

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<sup>1</sup> As a percentage of the average daily net asset value in the Variable Portfolios.<br> <sup>2</sup> As a percentage of Underlying Fund average net assets, before any expense reimbursement or fee waiver arrangement.<br> <sup>3</sup> As a percentage of Protected Benefit Base.<br>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 withdrawal charges during the withdrawal charge period that substantially increase costs.**<br>

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|:---|:---|
| **Lowest Annual Cost:**<br> **See Rate Sheet Supplement** | **Highest Annual Cost:**<br> **See Rate Sheet Supplement** |
| Assumes:<br> ● Investment of $100,000<br> ● 5% annual appreciation<br> ● Least expensive Underlying Fund fees and expenses<br> ● No Optional Benefits<br> ● No sales charges<br> ● No additional Purchase Payments, transfers or withdrawals | Assumes:<br> ● Investment of $100,000<br> ● 5% annual appreciation<br> ● Most expensive combination of Optional Benefits and Underlying Fund fees and expenses<br> ● No sales charges<br> ● No additional Purchase Payments, transfers or withdrawals |

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|:---|:---|:---|
| **RISKS** | **RISKS** | |
| Is There a Risk of Loss from Poor Performance? | **Yes.** You can lose money by investing in this Contract. | Principal Risks of Investing in the Contract |
| Is this a Short-Term Investment? | **No.** This Contract is not designed for short-term investing and may not be appropriate for an investor who needs ready access to cash. Withdrawals from the Contract may result in withdrawal charges, taxes, and tax penalties. Withdrawals could significantly reduce the value of Your Contract and also significantly reduce or terminate Contract benefits. Tax deferral and long-term income are generally more beneficial to long-term investors. | Principal Risks of Investing in the Contract |
| What Are the Risks Associated with the Investment Options? | The Contract is subject to risk of poor investment performance and can vary depending on the performance of the Variable Portfolios. The Variable Portfolios each have their own unique risks. Investors should review the available investment options before making an investment decision. | Principal Risks of Investing in the Contract<br>More Information – Investment Options |
| What Are the Risks Related to the Insurance Company? | An investment in the Contract is subject to risks related to Us, AuguStar Life Insurance Company. Any obligations (including under the Fixed Accounts), 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. | AuguStar Life Insurance Company<br>Principal Risks of Investing in the Contract |

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|:---|:---|:---|
| **RESTRICTIONS** | **RESTRICTIONS** | |
| Are There Restrictions on the Investment Options? | **Yes.** There are restrictions that may limit the investment options that You may choose. We reserve the right to limit Your allocation of Purchase Payments to no more than 25 of the available investment options with prior written notice. We reserve the right to add, remove, or substitute Variable Portfolios. The minimum transfer amount is $300 unless the Variable Portfolio balance is less than $300, then the entire balance in that Variable Portfolio may be transferred. Your ability to transfer amounts from and to the Fixed Accounts, if available, may be restricted. We reserve the right to refuse or limit subsequent Purchase Payments. | More Information – Investment Options<br>Principal Risks of Investing in the Contract<br>Appendix A – Investment Options Available under the Contract |
| Are There any Restrictions on Contract Benefits? | **Yes.** There are restrictions and limitations relating to benefits offered under the Contract (*e.g.*, death benefits, Optional Benefits). Except as otherwise provided, a benefit may not be modified or terminated by the Company.<br>Optional Benefits are subject to Investment Requirements that limit or restrict the investment options available. If You elect an Optional Benefit, You may be required to invest a certain percentage of Your Purchase Payment and/or Contract Value in certain Variable Portfolios and the Protected Fixed Account. We reserve the right to modify any Investment Requirements in the future for prospectively issued Contracts.<br>We reserve the right to discontinue offering any Optional Benefit for new Contracts. We reserve the right to refuse or limit subsequent Purchase Payments, and We reserve the right to prohibit or limit additional Purchase Payments under certain benefits.<br>Withdrawals may significantly reduce the value of Your Contract benefits, including the death benefit.<br>Withdrawals that exceed limits specified by the terms of an Optional Benefit may reduce the Protected Benefit Base by an amount greater than the value withdrawn, and/or could terminate the Optional Benefit. | Benefits Available Under the Contract<br>Optional Benefits<br>Standard Benefits<br>Principal Risks of Investing in the Contract<br>Appendix B – Optional Benefit Investment Requirements |
| **TAXES** | **TAXES** |  |
| What Are the Contract's Tax Implications? | Consult with a tax professional to determine the tax implications of an investment in and payments received under this Contract. If the Contract is purchased through a tax-qualified plan or individual retirement account (IRA), there is no additional tax benefit. Earnings in the Contract are taxed at ordinary income tax rates at the time of withdrawal and there may be tax penalties if withdrawals are taken before You reach age 59 ½. | Taxes |

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| **CONFLICTS OF INTEREST** | **CONFLICTS OF INTEREST** | |
| How Are Investment Professionals Compensated? | Your financial professional may receive compensation for selling this Contract to You in the form of commissions, revenue sharing, and other compensation programs. Accordingly, Your financial professional may have a financial incentive to offer or recommend this Contract over another investment. You should ask Your financial professional about how they are compensated. | More Information – Distribution of the Contract |
| Should I Exchange My Contract? | Some financial professionals have a financial incentive to offer an investor a new Contract in place of the one the investor already owns. An investor should only exchange a Contract if the investor determines, after comparing the features, fees, and risks of both Contracts, and any fees or penalties to terminate the existing Contract, that it is preferable for the investor to purchase the new Contract rather than continue to own the existing Contract. | More Information – Distribution of the Contract |

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**Benefits Available Under the Contract**

***The following table summarizes information about the benefits available under the Contract.***

***Optional Benefits Available for Election***

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| **Name of<br> Benefit** | **Purpose** | **Maximum<br> Optional<br> Benefit Fee\*** | **Brief Description of Restrictions/Limitations** |
| **Level** | Provides a consistent, level amount of lifetime withdrawals and income. | 2.50% (as a percentage of the Protected Benefit Base) | ● May be elected only at time of Contract issue or on Contract anniversary upon spousal continuation. <br> ● Restricted to Covered Lives of certain ages. For a single Covered Life, the minimum age is 45 and the maximum age is 85, based on the Covered Life. For joint Covered Lives, the minimum age (based on the younger Covered Life) is 45 and the maximum age is 85 (based on the older Covered Life). <br> ● All withdrawals prior to the Protected Lifetime Income Period are withdrawals of Your own Contract Value (not payments from Our assets. There may be minimal chance of outliving Your Contract Value and receiving Protected Lifetime Income Amounts from Us. <br> ● Only one Pre-Lifetime Withdrawal is available. A Pre-Lifetime Withdrawal or an Excess Withdrawal during the Protected Lifetime Withdrawal Period may significantly reduce or terminate the Benefit. A reduction to Your benefit could be more than the amount withdrawn.<br> ● Fee may be increased after the Charge Freeze Period; opting out of a fee increase will affect the benefit and the Contract. <br> ● Roll-ups to Roll-Up Base do not apply after the Roll-Up Period expires. <br> ● Subsequent Purchase Payments after Benefit Year 1 will reduce the Deferral Credit Rate.<br> ● Investment Requirements apply.<br> ● Purchase Payments may be subject to additional restrictions. <br> ● Subject to termination conditions. |
| **Daily** | Provides a consistent level amount of lifetime withdrawals and income with potential additional benefits as a result of quarterly step-ups looking back at the previous quarter's daily values. | 2.50% (as a percentage of the Protected Benefit Base) | ● May be elected only at time of Contract issue or on Contract anniversary upon spousal continuation. <br> ● Restricted to Covered Lives of certain ages. For a single Covered Life, the minimum age is 45 and the maximum age is 85, based on the Covered Life. For joint Covered Lives, the minimum age (based on the younger Covered Life) is 45 and the maximum age is 85 (based on the older Covered Life).  |

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| **Name of<br> Benefit** | **Purpose** | **Maximum<br> Optional<br> Benefit Fee\*** | **Brief Description of Restrictions/Limitations** |
|  |  |  | ● All withdrawals prior to the Protected Lifetime Income Period are withdrawals of Your own Contract Value (not payments from Our assets). There may be minimal chance of outliving Your Contract Value and receiving Protected Lifetime Income Amounts from Us. <br> ● Only one Pre-Lifetime Withdrawal is available. A Pre-Lifetime Withdrawal or an Excess Withdrawal during the Protected Lifetime Withdrawal Period may significantly reduce or terminate the benefit. A reduction to Your benefit could be more than the amount withdrawn. <br> ● Fee may be increased after the Charge Freeze Period; opting out of a fee increase will affect the benefit and the Contract. <br> ● Roll-ups to Roll-Up Base do not apply after the Roll-Up Period expires. <br> ● Subsequent Purchase Payments after Benefit Year 1 will result in an adjusted Deferral Credit Rate to be added to the MPAW Rate, if applicable.<br> ● Investment Requirements apply.<br> ● Purchase Payments may be subject to additional restrictions.<br> ● Subject to termination conditions.<br> ● No guarantee that more frequent Step-up opportunities will increase Your Benefit.  |
| **Boost** | Provides a consistent level amount of lifetime withdrawals and income with higher withdrawals than income payments. | 2.50% (as a percentage of the Protected Benefit Base)<br>| ● May be elected only at time of Contract issue or on Contract anniversary upon spousal continuation. <br> ● Restricted to Covered Lives of certain ages. For a single Covered Life, the minimum age is 45 and the maximum age is 85, based on the Covered Life. For joint Covered Lives, the minimum age (based on the younger Covered Life) is 45 and the maximum age is 85 (based on the older Covered Life).<br> ● All withdrawals prior to the Protected Lifetime Income Period are withdrawals of Your own Contract Value (not payments from Our assets. There may be minimal chance of outliving Your Contract Value and receiving Protected Lifetime Income Amounts from Us. <br> ● Only one Pre-Lifetime Withdrawal is available. A Pre-Lifetime Withdrawal or an Excess Withdrawal during the Protected Lifetime Withdrawal Period may significantly reduce or terminate the Benefit. A reduction to Your benefit could be more than the amount withdrawn.<br> ● Fee may be increased after the Charge Freeze Period; opting out of a fee increase will affect the benefit and the Contract.  |

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| **Name of<br> Benefit** | **Purpose** | **Maximum<br> Optional<br> Benefit Fee\*** | **Brief Description of Restrictions/Limitations** |
|  |  |  | ● Maximum Protected Annual Withdrawal Rates during the Protected Lifetime Income Period are lower than rates during the Protected Lifetime Withdrawal Period.<br> ● Roll-ups to Roll-Up Base do not apply after the Roll-Up Period expires. <br> ● Subsequent Purchase Payments after Benefit Year 1 will result in an adjusted Deferral Credit Rate to be added to the MPAW Rate, if applicable.<br> ● Investment Requirements apply.<br> ● Purchase Payments may be subject to additional restrictions.<br> ● Subject to termination conditions. |
| **Protector**<br>**Protected Death Benefit** | Provides a consistent level amount of lifetime withdrawals and income with an enhanced death benefit. | 2.50% (as a percentage of the Protected Benefit Base)<br><u>and</u><br>1.50% (as a percentage of the Protected Death Benefit Base) | ● No guarantee that the death benefit will become payable, that the amount paid would be greater than the standard death benefit.<br> ● May be elected only at time of Contract issue or on Contract anniversary upon spousal continuation. <br> ● Restricted to owners between ages 45 and 75.<br> ● All withdrawals prior to the Protected Lifetime Income Period are withdrawals of Your own Contract Value (not payments from Our assets). There may be minimal chance of outliving Your Contract Value and receiving Protected Lifetime Income Amounts from Us. <br> ● An additional fee applies to the Protected Death Benefit. <br> ● Only one Pre-Lifetime Withdrawal is available. A Pre-Lifetime Withdrawal or an Excess Withdrawal during the Protected Lifetime Withdrawal Period may significantly reduce or terminate the benefits. A reduction to Your benefits could be more than the amount withdrawn.<br> ● Fees may be increased after the Charge Freeze Period; opting out of a fee increase will affect the Benefit and the Contract. <br> ● Roll-ups to the Roll-Up Base do not apply after the Roll-Up Period expires. <br> ● Subsequent Purchase Payments after Benefit Year 1 will result in an adjusted Deferral Credit Rate to be added to the MPAW Rate, if applicable.<br> ● Investment Requirements apply.<br> ● Purchase Payments may be subject to additional restrictions.<br> ● Joint Covered Lives option is not available. <br> ● Subject to termination conditions. |

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| **Name of<br> Benefit** | **Purpose** | **Maximum<br> Optional<br> Benefit Fee\*** | **Brief Description of Restrictions/Limitations** |
| | | | ● Protected Death Benefit will terminate if Contract Value is reduced to zero or You enter into the Protected Lifetime Income Period, but any available Protected Lifetime Income Amount would continue. |

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**\*Current annual charges for the Optional Benefits are provided in the Rate Sheet Supplement, which must accompany the prospectus and is also available at www.augustarfinancial.com/starstream.**

***Standard Benefits (included in the Contract at no additional charge)***

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|:---|:---|:---|
| **Name of Benefit** | **Purpose** | **Brief Description of Restrictions/Limitations** |
| **Return of Purchase Payment Death Benefit** | Provides a death benefit upon the death of Annuitant that is at least the higher of: (a) the Contract Value and (b) the total amount You paid in, proportionally reduced for any withdrawals. | ● Replaced by the Protected Death Benefit if the Protector Optional Benefit is elected.<br> ● Terminates on annuitization.<br> ● Terminates if Contract Value is reduced to zero. <br> ● Withdrawals may significantly reduce or terminate benefit.  |
| **Enhanced Dollar-Cost Averaging** | Automatically transfers a dollar amount from the EDCA Fixed Account to the pre-selected Variable Portfolio(s) on a monthly or quarterly basis. | ● Available only during the accumulation phase.<br> ● The minimum amount for each transfer out is $300. <br> ● Transfers may be made monthly or quarterly for 6-month or 12-month durations. <br> ● Transfers will not count towards the free transfer limit allowed per year. <br> ● Only applies to new Purchase Payments.  |
| **Rebalancing** | Allows You to automatically reallocate Your Contract Value among Your Variable Portfolios on a periodic basis based on Your allocation instructions.<br>| ● Available only during the accumulation phase. <br> ● Transfers are available quarterly, semi-annually, or annually. <br> ● Transfers will not count towards the free transfer limit allowed per year. <br> ● Contract Value allocated to the Fixed Accounts will not be included in rebalancing. |
| **Spousal Continuation** | Allows a surviving spouse to continue the Contract instead of receiving an immediate death benefit.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Available only to a surviving spouse and only if certain ownership and Annuitant conditions are met. <br> ● No death benefit is paid at the time of continuation; instead, the death benefit value becomes the starting value of the continued Contract and future benefits are based on the spouse's age at continuation. <br> ● Only one spousal continuation is permitted per Contract. <br> ● Additional conditions may apply if an Optional Benefit is in effect. <br>|
| **Owner Directed Payout** | Allows an owner to specify, in advance, how a death benefit will be paid to the Beneficiary, subject to applicable law.<br>| ● Payout instructions must comply with federal tax laws and other applicable requirements. <br> ● Certain options are available only for non-qualified Contracts and may be subject to timing, eligibility, and Beneficiary limitations. <br> ● Instructions may not apply or may be changed if a Beneficiary or successor owner continues the Contract under certain options. |

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**Buying the Contract**

***Purchasing the Contract***

To purchase the Contract, You must submit Your initial Purchase Payment and required paperwork in Good Order to Us through a financial professional. All Contracts must have a single Annuitant.

If You do not elect an Optional Benefit, the minimum and maximum age (determined at the time the application(s) is signed) based on the Annuitant is 18-85 years old.

If You elect an Optional Benefit, the minimum and maximum ages (determined at the time the application(s) is signed) to issue the Contract are as follows:

**Single Covered Life**

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| | **Minimum Age** <br> **(based on the** <br> **Covered Life)** | **Maximum Age** <br> **(based on the** <br> **Covered Life)** |
| **Level, Daily, and Boost** | 45 | 85 |
| **Protector** | 45 | 75 |

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For a single Covered Life, the Covered Life is the Annuitant who must be the owner.

**Joint Covered Lives**

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| | **Minimum Age** <br> **(based on the younger** <br> **Covered Life)** | **Maximum Age** <br> **(based on the** <br> **older Covered Life)** |
| **Level, Daily, and Boost** | 45 | 85 |
| **Protector** | N/A | N/A |

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For joint Covered Lives, the Covered Lives are the Annuitant and their spouse on the Benefit Date. The spouse must be named joint owner or the primary Beneficiary. The Contract will be issued based on the Annuitant's age; however, the minimum age eligibility will be based on the younger Covered Life, and the maximum age eligibility will be based on the older Covered Life.

***Minimum Purchase Payments***

You must make an initial Purchase Payment to purchase the Contract. Your initial Purchase Payment will be Your initial investment in the Contract. After the Contract is issued, during the accumulation phase, You can make subsequent Purchase Payments, which would be additional investments in the Contract.

The table below shows the Purchase Payment minimums under the Contract.

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| | **Minimum Initial<br> Purchase Payment** | **Minimum Subsequent<br> Purchase Payment** | **Minimum Automatic Bank Draft Subsequent**<br> **Purchase Payment** |
| **Qualified Contracts** | $10000 | $300 | $300 |
| **Non-Qualified Contracts** | $10000 | $500 | $300 |

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The maximum Purchase Payment is $1,000,000 without Our approval. The maximum Purchase Payment is measured per life, which includes the Annuitant, You (and a joint Owner, if applicable). The $1,000,000 per life limit is measured across all variable annuities issued by Us.

If an Optional Benefit is elected, additional Purchase Payments after the first year Benefit Anniversary will be limited to $50,000 per Benefit Year without Our prior approval. In addition, the total Protected Benefit Base for a Covered Life cannot exceed $10 million (the "Optional Benefit Maximum"). This limit applies in aggregate across all Contracts with a guaranteed living benefit You have with Us and Our affiliates, including Contracts issued prior to January 2026. We may limit the additional Purchase Payments to Your Contract.

***Crediting of Purchase Payments***

***Initial Purchase Payment****.* Upon acceptance of Your application(s), if all information necessary for issuing a Contract and processing Your initial Purchase Payment is in Good Order before Market Close, We will credit the Purchase Payment to Your Contract based on the Accumulation Unit value that day. If We receive all information necessary for issuing a Contract and processing Your initial Purchase Payment in Good Order after Market Close or on a non-business day, We will credit the Purchase Payment to Your Contract based on the Accumulation Unit value on the next business day. If We do not receive everything necessary to make the application(s) in Good Order within five business days, We will return the Purchase Payment to You unless You specifically consent to having Us retain the Purchase Payment until the necessary information is received. Please see "**Accumulation Unit Value**" in the prospectus.

Generally, initial Purchase Payments are allocated according to Your instructions on the application(s). However, in some cases, We will allocate initial Purchase Payments to the money market portfolio during the right to examine period. After the right to examine period, We will reallocate the Contract Value among the investment options based on the instructions contained on the application(s).

Unless otherwise prohibited by law, no Contract is effective until the Purchase Payment is received, and the Contract is issued during the lifetime of the Annuitant. If the Annuitant dies before the Contract is issued and We are not notified at Our home office of the Annuitant's death, Our sole obligation is to return the Purchase Payments received to You or Your estate upon notice and proof of the death of the Annuitant.

***Subsequent Purchase Payments.*** If We receive a subsequent Purchase Payment in Good Order on a business day before Market Close, We will credit the Purchase Payment to Your Contract that day. If We receive a subsequent Purchase Payment in Good Order after Market Close or on a non-business day, We will credit the Purchase Payment to Your Contract on the next business day.

***Allocation of Purchase Payments***

To purchase the Contract, You must provide Us with instructions in Good Order on how to allocate Your initial Purchase Payment among the available investment options (*i.e.*, available Variable Portfolios and Fixed Accounts). You may allocate Your Purchase Payments to the Investment Options outlined in "**Appendix A – Investment Options Available Under the Contract**." We reserve the right to limit Your allocation of Purchase Payments to no more than 25 of the available investment options with prior written notice. The amount You allocate to any Variable Portfolio or to Fixed Account(s) must equal a whole percent.

After the Contract is issued, if You make a subsequent Purchase Payment, You may provide Us with instructions on how to allocate that Purchase Payment among the available investment options. If Your instructions are not in Good Order, Your Purchase Payment may be rejected. In the absence of instructions, Your Purchase Payment will be allocated in accordance with Your standing allocation instructions.

You may change Your standing allocation instructions for future Purchase Payments at any time by sending written notice to Our home office. Such changes are not deemed effective until received by Us at Our home office. If new allocation instructions in Good Order accompany a subsequent Purchase Payment, those allocation instructions will automatically become Your standing allocation instructions unless You instruct Us otherwise.

You will be subject to restrictions on allocations if You purchase an Optional Benefit. Please refer to "**Appendix B – Optional Benefit Investment Requirements"**.

***Right to Examine Period***

We deem You to receive the Contract and the right to examine period to begin 10 days after We mail the Contract. You may revoke the Contract at any time until the end of 10 days after You receive it (or such longer period as may be required by Your state law) and get a refund of the Contract Value as of the date of cancellation. To revoke, We must receive a written request at Our home office (the address listed on the first page of the prospectus) by 4:00 p.m. eastern time on the last day of the right to examine period. In some states, We are required to return the greater of Purchase Payments received during the right to examine period or Contract Value as of the Valuation Period the request for return the Contract is received by Our Home Office. For Contracts issued in such states, We reserve the right to allocate all Purchase Payments received during the right to examine period to a money market portfolio. On the next Valuation Period after the expiration of the right to examine period, We will allocate Your assets in the money market portfolio to Your requested investment options. For IRAs, You may get a refund of the greater of Your Purchase Payments or the current Contract Value. Please see "**Appendix E – State Availability and/or Variations**" in the prospectus about the right to examine period in Your state.

**Making Withdrawals: Accessing Your Money in Your Contract**

***Accessing Your Money***

You have several ways to access Your Contract Value before Annuity Income Payments begin. You may take partial withdrawals from Your Contract at any time or, depending on Your specific situation, set up systematic withdrawals. You may also request a full withdrawal of Your Contract and receive Your Contract Value, less withdrawal charges and fees, at any time during the accumulation phase.

If We receive a withdrawal request in Good Order on a business day before Market Close, We will process the request that day. If We receive the request in Good Order on a business day after Market Close, or on a non-business day, We will process the request the next business day. We will generally send You the withdrawal amount You request and We will deduct any applicable fees and charges, from Your withdrawal amount.

Withdrawals under the Contract may be subject to withdrawal charges, taxes, and tax penalties. Withdrawals will reduce Your Contract Value and may reduce the Contract's benefits, including the death benefit and any Optional Benefit.

If You elect an Optional Benefit, a Pre-Lifetime Withdrawal (a one-time withdrawal before the Protected Lifetime Withdrawal Period) and any Excess Withdrawal (a withdrawal during the Protected Lifetime Withdrawal Period in excess of the Maximum Protected Annual Withdrawal or the required minimum distribution amount) will reduce Your benefit. The reduction to Your benefit could be greater than the amount withdrawn and could result in the termination of Your benefit.

If You take withdrawals via electronic funds transfer, You may withdraw less than $100. Otherwise, Your withdrawal must be at least $100. You must make all withdrawal requests by providing notice to Us. A withdrawal charge may then apply and is taken from the total amount withdrawn. Please see ***Withdrawal Charge*** in **"Fees and Charges of the Contract"** in the prospectus.

Unless You specify otherwise, the withdrawal will be made pro-rata from the values in each Variable Portfolio. If You elect an Optional Benefit, Your withdrawals will be made pro-rata from Your values in each Variable Portfolio and the Protected Fixed Account, if applicable. We will surrender Accumulation Units proportionally from the Variable Portfolios and the Protected Fixed Account, if applicable, as of the date of the withdrawal request is in Good Order. The amount You may withdraw is the Contract Value less any withdrawal charge and any premium tax charge that may apply. In the case of a full withdrawal, We subtract any Contract Fee. We will pay You within seven days after We receive Your request. However, We may defer payment of the Protected Fixed Account or EDCA Fixed Account values as described below. For possible tax consequences of a withdrawal, please see "**Federal Income Tax**" in the prospectus.

If You request a withdrawal which includes Contract Values derived from Purchase Payments that have not yet cleared the banking system, We may delay mailing the portion relating to such payments until Your check has cleared.

Your right to withdraw may be suspended or the date of payment postponed:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) for any period during which the NYSE is closed (other than customary weekend and holiday closings) or during which the Commission has restricted trading on the NYSE;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) for any period during which an emergency, as determined by the SEC, exists as a result of which disposal of securities held in a Fund is not reasonably practical, or it is not reasonably practical to determine the value of a Fund's net assets; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) such other periods as the SEC may order to protect security holders.

The minimum Contract Value is $5,000. If the Contract Value goes below $5,000, the remaining Contract Value will be paid and the Contract will terminate; provided, however, We will not exercise this right if You have an Optional Benefit.

If Your Contract Value is reduced to zero, Your Contract will terminate unless You have purchased an Optional Benefit that provides for continuation of benefits, and You are in compliance with the Optional Benefit's terms for continuation. Certain Optional Benefits permit You to take withdrawals that will reduce Your Contract below the Contract minimum. Please see "**Optional Benefits"** in the prospectus.

**Waiver of the Withdrawal Charge** 

Each Contract year You can withdraw a certain amount from Your Contract without incurring a withdrawal charge. Please see ***Free Withdrawal Amount*** in **"Fees and Charges of the Contract"** in the prospectus.

**When to Expect Payments** 

Generally, We will fulfill requests for payments out of the Variable Portfolios within seven calendar days after the business day the transaction request is received by Us in Good Order. Although We generally expect to make payments from Our general account within the same timeframe, to the extent permitted by state law, We may defer the payment of amounts from Our general account for up to six months.

***Required Minimum Distributions ("RMD")***

Withdrawals made under this Contract may be utilized to satisfy RMDs for the sole purpose of meeting Internal Revenue Code ("IRC") required minimum distributions for this Contract as long as the following conditions are met:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. The Contract is a qualified contract;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. It is subject to the minimum distribution requirements under the RMD
 regulations under the IRC;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. It is the calendar year following the year in which You reach the
 required beginning age as defined by the IRC;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. You provide Us with the prior year's December 31 Contract Value
 if Purchase Payments are funds from another contract; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. The RMD amount is calculated by Us.

Like any other withdrawal, RMDs will reduce the Contract Value by the withdrawal amount. RMDs are calculated on a calendar year basis. Any withdrawals in a Contract year that exceed Your RMD will be considered an Excess Withdrawal. To elect monthly RMDs, You must provide Us notice on or before January 25 of the calendar year. Monthly payment dates must be on or before the 25<sup>th</sup> day of each month. If the date You elect is not the end of a Valuation Period (generally, a day when the NYSE is open), We will make the payment on, and as of, the end of the next applicable Valuation Period. Once You elect monthly RMDs, You cannot revoke it. You may elect to not take monthly withdrawals by providing Us with notice, but You will not be able to take that withdrawal later and still have it qualify as an RMD. If You do later take such withdrawal, the entire withdrawal will be considered an Excess Withdrawal.

If You die and Your spouse elects to continue the Contract, the spouse may revoke monthly RMDs by providing notice to Us within 30 days of the later of the date of spousal continuation or December 31 of the calendar year in which You died. If Your spouse revokes monthly RMDs, he or she may elect monthly RMDs in the future when he or she is required to take RMDs from the Contract. If Your spouse continues the Contract, is eligible for monthly RMDs and does not revoke monthly RMD, he or she will continue to receive monthly RMDs with the applicable RMD amount based on the continuing spouse's age beginning in the calendar year after the Annuitant dies.

We reserve the right to modify or eliminate RMDs if there is any change in the IRC or IRS Rules relating to required minimum distributions, including the issuance of relevant IRS guidance.

***Systematic Withdrawals***

Systematic withdrawals provide for automatic periodic withdrawals of Your Contract Value and may continue indefinitely unless changed or canceled by the owner. Depending on the withdrawal type elected, systematic withdrawals may be paid on a monthly, quarterly, semi-annual, or annual basis. They are available prior to the Latest Annuity Payout Date.

Systematic withdrawals are taken pro rata from the investment options in which the Contract Value is invested at the time of the withdrawal, unless otherwise required under the terms of an elected Optional Benefit or applicable tax rules. Systematic withdrawals must be elected by submitting a completed withdrawal request form acceptable to Us. The minimum withdrawal amount is $100. Please see ***Protected Lifetime Income*** in **"Optional Benefits"** in the prospectus.

**Systematic Withdrawals of Required Minimum Distributions ("RMDs")** 

If Your Contract is a Qualified Contract, or if You are a Beneficiary of certain inherited contracts, federal tax law may require RMDs. We calculate RMDs in accordance with the IRC, generally using the Contract Value as of December 31 of the prior year and an IRS prescribed life expectancy factor. The calculation may reflect the actuarial present value of future guaranteed benefits, such as an Optional Benefit. For certain inherited contracts, Beneficiary RMDs generally must begin in the year following the original owner's death. Systematic RMD payments may be made monthly, quarterly, semiannually, or annually. Please refer to ***Required Minimum Distributions ("RMD")*** in **"Making Withdrawals: Accessing Your Money in Your Contract"**.

**72(t) Substantially Equal Systematic Withdrawals**

Section 72(t) of the IRC permits certain owners under age 59½ to take substantially equal periodic withdrawals without an early withdrawal tax penalty, subject to strict requirements. Once started, withdrawals generally must continue until the later of age 59½ or five years. Withdrawals must be calculated using an IRS permitted method. We calculate withdrawals under the amortization and annuitization methods; if the RMD method is elected, You provide the calculated amount. Changes are permitted only in limited circumstances, and improper changes may result in adverse tax consequences.

**Systematic Withdrawals of the Free Withdrawal Amount**

You may elect systematic withdrawals based on the free withdrawal amount available under the Contract, which is generally the portion of Contract Value that may be withdrawn without a Withdrawal Charge. Withdrawals may be made monthly, quarterly, semiannually, or annually. After the Withdrawal Charge period ends, withdrawals generally continue based on the free withdrawal percentage applied to the Contract Value as of each Contract anniversary. Please see ***Free Withdrawal Amount*** in **"Fees and Charges of the Contract"** in the prospectus.

**Optional Benefits and Systematic Withdrawals**

If You elect an Optional Benefit, withdrawals under that benefit may be taken as systematic withdrawals. These withdrawals are based on the Protected Benefit Base and are limited to the MPAW for each Benefit Year, as described in **"Optional Benefits"** in the prospectus. Payments may be made on a monthly, quarterly, semiannual, or annual basis.

The treatment of systematic withdrawals upon entry into the Protected Lifetime Income Period, including any immediate withdrawal to satisfy the MPAW for the Benefit Year and the commencement of Protected Lifetime Income payments, is described in ***Protected Lifetime Income*** in **"Optional Benefits"** in the prospectus. Once Protected Lifetime Income payments begin, payments are governed exclusively by the Optional Benefit and the terms applicable to the Protected Lifetime Income Period.

Withdrawals under an Optional Benefit are noncumulative. Excess withdrawals (withdrawals in excess of MPAW) other than withdrawals required to satisfy required minimum distribution rules may reduce or terminate the Optional Benefit and future guarantees. Please see ***Excess Withdrawals*** and ***Protected Lifetime Income*** in **"Optional Benefits"** in the prospectus.

**Additional Information about Fees**

**The tables below describe the fees and expenses You will pay when You buy, own, and make a full or partial withdrawal from an investment option or Your Contract. Please refer to Your Contract's specification 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 You will pay at the time You buy the Contract, make a full or partial withdrawal from an investment option or Your Contract, or transfer Contract Value between investment options. Charges designed to approximate certain taxes that may be imposed on Us, such as premium taxes in Your state, may also apply.** 

***Transaction Expenses***

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| | |
|:---|:---|
| Withdrawal Charge (as a percentage of Purchase Payments Withdrawn)<sup>(1)</sup> | 8% |
| Transfer Fee<sup>(2)</sup> | $25 |

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<sup>(1)</sup> The withdrawal charge applies as follows:

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| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **<u>Number of completed years from date of Purchase Payment</u>** | 0 | 1 | 2 | 3 | 4 | 5 | 6 | 7+ |
| Withdrawal charge Rate | 8% | 8% | 7% | 6% | 5% | 4% | 3% | 0% |

---

The withdrawal charge is deducted from the withdrawal amount paid. The withdrawal will reduce Your Contract Value dollar for dollar proportionally from the applicable investment options.

The Contract allows a limited amount of Contract Value to be withdrawn annually without a withdrawal charge. Please see **Free Withdrawal Amount** in **"Fees and Charges of the Contract"** in the prospectus. The maximum amount You can take as a withdrawal annually without a withdrawal charge is the greatest of: (1) 10% of Purchase Payments that are still subject to a withdrawal charge; (2) any amount withdrawn to meet required minimum distributions; or (3) for those Contracts with an Optional Benefit, withdrawals up to the MPAW.

<sup>(2)</sup> We permit 25 free transfers between Your Variable Portfolios each Contract year. This limit does not apply for transfers made pursuant to Our Enhanced Dollar Cost Averaging program or Our Rebalancing program. We may charge You $25 for each additional transfer over 25 in a Contract year.

**The next table describes the fees and expenses that You will pay *each year* during the time that You own the Contract (not including Underlying Fund fees and expenses). If You choose to purchase an Optional Benefit, You will pay additional charges, as shown below.**

***Annual Contract Expenses***

---

| | |
|:---|:---|
| Annual Contract Fee <sup>(1)</sup> | $50 |
| Base Contract Expenses (as a percentage of daily net assets in the Variable Portfolios) | 1.30% |
| **Optional Benefit Fees as a percentage of the Protected Benefit Base**<sup>(2) (3)</sup> | **Optional Benefit Fees as a percentage of the Protected Benefit Base**<sup>(2) (3)</sup> |
| &nbsp;&nbsp;Daily – Single Covered Life | 2.50% |
| &nbsp;&nbsp;Daily – Joint Covered Lives | 2.50% |
| &nbsp;&nbsp;Level – Single Covered Life | 2.50% |
| &nbsp;&nbsp;Level – Joint Covered Lives | 2.50% |
| &nbsp;&nbsp;Protector – Single Covered Life <sup>(4)</sup> | 2.50% |
| &nbsp;&nbsp;Boost – Single Covered Life | 2.50% |
| &nbsp;&nbsp;Boost – Joint Covered Lives | 2.50% |
| **Optional Death Benefit Fee as a percentage of the Protected Death Benefit Base <sup>(5)</sup>** | **Optional Death Benefit Fee as a percentage of the Protected Death Benefit Base <sup>(5)</sup>** |
| &nbsp;&nbsp;Protected Death Benefit Single covered Life <sup>(4)</sup> | 1.50% |

---

<sup>(1)</sup> A $50 Annual Contract Fee is assessed on each Contract anniversary and upon full withdrawal of the Contract. This charge reimburses Us for administrative fees involved in issuing and maintaining the Contract. If on any Contract anniversary (or on the date of a full withdrawal) the Contract Value is $50,000 or more, We will waive the Annual Contract Fee.

<sup>(2)</sup> This table discloses the guaranteed maximum charge for each Optional Benefit. For new Optional Benefit elections, current charges for the Optional Benefits are disclosed in the Rate Sheet Supplement. During the Charge Freeze Period, We will not increase the Optional Benefit fee. Thereafter, We may increase the Optional Benefit Fee by the Maximum Annual Optional Benefit Fee Adjustment amount up to the Maximum Optional Benefit Fee as identified in the Rate Sheet Supplement. More information about the Charge Freeze Period and adjustment to the Maximum Optional Benefit Fee may be found in ***Optional Benefit Fe*e** of **"Fees and Charges of the Contract"** in the prospectus. You may elect only one Optional Benefit.

Other than increases to the Protected Death Benefit Fee, You can opt out of the fee increase. If You choose to opt out of a fee increase, there will be no future benefit feature increases (such as roll-ups, step-ups, and Deferral Credit Rates). If an Optional Benefit is terminated, the fee(s) for the benefit will no longer be charged.

<sup>(3)</sup> The Protected Benefit Base is a value used to determine Your Protected Lifetime Withdrawals and Protected Lifetime Income Amounts and the fees for Your Optional Benefits. It is adjusted over time by Purchase Payments, step-ups, or roll-ups and reduced proportionally by Excess and Pre-Lifetime Withdrawals. It is not the same as Your Contract Value. Please see ***Protected Benefit Base*** in "**Optional Benefits**" in the prospectus. During the Charge Freeze Period, We will not increase the Protected Death Benefit fee.

 

<sup>(4)</sup> Protector and the Protected Death Benefit are not available for Joint Covered Lives. If You elect Protector, You will pay both the Optional Benefit Fee and the Protected Death Benefit Fee. The Protected Death Benefit Fee is only applicable to Protector. You cannot opt out of increases to the Protected Death Benefit Fee.

<sup>(5)</sup> The Protected Death Benefit Base is a value used to determine Your Protected Death Benefit. It is not the same as Your Contract Value. Please see ***Protector*** in "**Optional Benefits**" in the prospectus.

**The next table shows the minimum and maximum total operating expenses charged by the Underlying Funds 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. A complete list of Underlying Funds available under the Contract, including their annual expenses, may be found at the back of this document. Please refer to "Appendix A – Investment Options Available Under the Contract".**

***Annual Underlying Funds Expenses***

---

| | | |
|:---|:---|:---|
| | **Minimum** | **Maximum** |
| (expenses that are deducted from Underlying Fund assets, including management fees, distribution and/or service (12b-1) fees, and other expenses) | 0.50% | 1.49% |

---

**<u>Example</u>**

**This Example is intended to help You compare the cost of investing in the Variable Portfolios with the cost of investing in other annuity Contracts that offer variable options. These costs include transaction expenses, annual Contract expenses, and annual Underlying Fund expenses.** 

**The Example assumes all Contract Value is allocated to the Variable Portfolios. Your costs could differ from those shown below if You invest in Fixed Accounts.** 

**The Example assumes that You invest $100,000 in the Variable Portfolios 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 Underlying Fund 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:**

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **1 year** | **3 years** | **5 years** | **10 years** |
| **If You fully withdraw Your Contract at the end of the applicable time period** | $12790 | $22390 | $32451 | $72676 |
| **If You annuitize at the end of the applicable time period** | $4790 | $15390 | $27451 | $72676 |
| **If You do *not* fully withdraw Your Contract** | $4790 | $15390 | $27451 | $72676 |

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**Appendix A – Investment Options Available Under the Contract**

***Underlying Funds***

The following is a list of Underlying Funds available under the Contract. More information is available in the prospectuses for the Underlying Funds, which may be amended from time to time and can be found online at www.augustarfinancial.com/starstream. You can also request this information at no cost by calling 888.925.6446 or by sending an email request to AnnuityService@augustarfinancial.com.

If You elect an Optional Benefit, You will be subject to the Investment Requirements as detailed in "**Appendix B – Optional Benefit Investment Requirements."**

The current expenses and performance information below reflects fees and expenses of the Underlying Funds, 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 other charges were included. Each Underlying Fund's past performance is not necessarily an indication of future performance.

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Type** | **Underlying Fund**<br> and<br> **Adviser/Subadviser** | **Current Expenses** | **Average Annual Total Returns**<br> **(as of 12/31/2025)** | **Average Annual Total Returns**<br> **(as of 12/31/2025)** | **Average Annual Total Returns**<br> **(as of 12/31/2025)** |
| **Type** | **Underlying Fund**<br> and<br> **Adviser/Subadviser** | **Current Expenses** | **1 year** | **5 year** | **10 year** |
| Global Equity | **American Funds<sup>®</sup> IS Global Growth Fund – Class 4**<br>*Adviser:* Capital Research and Management Company | 0.90%<sup>(1)</sup> | 21.34% | 7.97% | 11.89% |
| Large Cap Growth Equity | **American Funds<sup>®</sup> IS Growth Fund – Class 4**<br>*Adviser:* Capital Research and Management Company | 0.83% | 19.93% | 13.09% | 17.67% |
| Large Cap Blend Equity | **American Funds<sup>®</sup> IS Growth-Income Fund – Class 4**<br>*Adviser:* Capital Research and Management Company | 0.78% | 17.77% | 13.62% | 13.63% |
| Mid Cap Blend Equity | **AVIP AB Mid Cap Core Portfolio – Class II Shares**<br>*Adviser:* Constellation Investments, Inc.<br> *Sub-Adviser:* AllianceBernstein L.P. | 1.17% | N/A | N/A | N/A |
| Allocation | **AVIP Balanced Model Portfolio – Class I Shares**<br>*Adviser:* Constellation Investments, Inc. | 0.98% | 13.80% | 5.87% | N/A |
| Foreign Large Cap Blend Equity | **AVIP BlackRock Advantage International Equity Portfolio – Class II Shares** <br>*Adviser:* Constellation Investments, Inc.<br> *Sub-Adviser:* BlackRock Investment Management, LLC | 1.13% | N/A | N/A | N/A |
| Large Cap Blend Equity | **AVIP BlackRock Advantage Large Cap Core Portfolio – Class II Shares**<br>*Adviser:* Constellation Investments, Inc.<br> *Sub-Adviser:* BlackRock Investment Management, LLC | 0.95% | N/A | N/A | N/A |
| Large Cap Growth Equity | **AVIP BlackRock Advantage Large Cap Growth Portfolio – Class II Shares**<br>*Adviser:* Constellation Investments, Inc.<br> *Sub-Adviser:* BlackRock Investment Management, LLC | 0.96% | N/A | N/A | N/A |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Type** | **Underlying Fund**<br> and<br> **Adviser/Subadviser** | **Current Expenses** | **Average Annual Total Returns**<br> **(as of 12/31/2025)** | **Average Annual Total Returns**<br> **(as of 12/31/2025)** | **Average Annual Total Returns**<br> **(as of 12/31/2025)** |
| **Type** | **Underlying Fund**<br> and<br> **Adviser/Subadviser** | **Current Expenses** | **1 year** | **5 year** | **10 year** |
| Large Cap Value Equity | **AVIP BlackRock Advantage Large Cap Value Portfolio – Class II Shares** <br>*Adviser:* Constellation Investments, Inc.<br> *Sub-Adviser:* BlackRock Investment Management, LLC | 1.00% | N/A | N/A | N/A |
| Allocation | **AVIP BlackRock Balanced Allocation Portfolio – Class II Shares**<br>*Adviser:* Constellation Investments, Inc.<br> *Sub-Adviser:* BlackRock Investment Management, LLC | 0.82% | N/A | N/A | N/A |
| Corporate Bond | **AVIP Bond Portfolio – Class II Shares** <br>*Adviser:* Constellation Investments, Inc. | 0.76% | N/A | N/A | N/A |
| Allocation | **AVIP Constellation Dynamic Risk Balanced Portfolio – Class II Shares**<br>*Adviser:* Constellation Investments, Inc. | 1.12% | N/A | N/A | N/A |
| Allocation | **AVIP Constellation Managed Risk Balanced Portfolio – Class I Shares**<br>*Adviser:* Constellation Investments, Inc.<br> *Sub-Adviser:* BlackRock Investment Management, LLC | 0.64% | 13.29% | N/A | N/A |
| Allocation | **AVIP Constellation Managed Risk Growth Portfolio – Class I Shares**<br>*Adviser:* Constellation Investments, Inc.<br>*Sub-Adviser:* BlackRock Investment Management, LLC | 0.65% | 15.92% | N/A | N/A |
| Allocation | **AVIP Constellation Managed Risk Moderate Growth Portfolio – Class I Shares**<br>*Adviser:* Constellation Investments, Inc.<br> *Sub-Adviser:* BlackRock Investment Management, LLC | 0.63% | 14.75% | N/A | N/A |
| Intermediate Core-Plus Bond | **AVIP Core Plus Bond Portfolio - Class II Shares** <br>*Adviser:* Constellation Investments, Inc. | 0.74% | N/A | N/A | N/A |
| Allocation | **AVIP Growth Model Portfolio – Class I Shares**<br> **** <br> *Adviser*: Constellation Investments, Inc. | 1.01% | 17.78% | 8.85% | N/A |
| High Yield Bond | **AVIP High Income Bond Portfolio – Class II Shares** <br>*Adviser:* Constellation Investments, Inc. | 1.03% | N/A | N/A | N/A |
| Large Cap Blend Equity | **AVIP Intech U.S. Low Volatility Portfolio – Class II Shares** <br>*Adviser*: Constellation Investments, Inc.<br> *Sub-Adviser*: Intech Investment Management LLC | 0.87% | N/A | N/A | N/A |
| Allocation | **AVIP Moderate Growth Model Portfolio – Class I Shares**<br>*Adviser*: Constellation Investments, Inc. | 0.97% | 15.81% | 7.58% | N/A |
| Allocation | **AVIP Moderately Conservative Model Portfolio – Class I Shares**<br>*Adviser*: Constellation Investments, Inc. | 1.03% | 11.43% | 4.22% | N/A |
| Large Cap Growth Equity | **AVIP Nasdaq-100<sup>®</sup> Index Portfolio<sup>(3)</sup> – Class II Shares** <br>*Adviser*: Constellation Investments, Inc.<br> *Sub-Adviser*: Geode Capital Management LLC | 0.69% | N/A | N/A | N/A |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Type** | **Underlying Fund**<br> and<br> **Adviser/Subadviser** | **Current Expenses** | **Average Annual Total Returns**<br> **(as of 12/31/2025)** | **Average Annual Total Returns**<br> **(as of 12/31/2025)** | **Average Annual Total Returns**<br> **(as of 12/31/2025)** |
| **Type** | **Underlying Fund**<br> and<br> **Adviser/Subadviser** | **Current Expenses** | **1 year** | **5 year** | **10 year** |
| Large Cap Blend Equity | **AVIP S&P 500<sup>®</sup> Index Portfolio<sup>(2)</sup> – Class II Shares** <br>*Adviser*: Constellation Investments, Inc.<br> *Sub-Adviser*: Geode Capital Management LLC | 0.63% | N/A | N/A | N/A |
| Mid Cap Blend Equity | **AVIP S&P MidCap 400<sup>®</sup> Index Portfolio<sup>(6)</sup> – Class II Shares** <br>*Adviser*: Constellation Investments, Inc.<br> *Sub-Adviser*: Geode Capital Management LLC | 0.66% | N/A | N/A | N/A |
| Large Cap Growth Equity | **Fidelity<sup>®</sup> VIP Contrafund<sup>®</sup> Portfolio<sup>(4)</sup> – Service Class 2** <br>*Adviser*: Fidelity Management & Research Company | 0.79% | 21.19% | 15.08% | 15.49% |
| Large Cap Value Equity | **Fidelity<sup>®</sup> VIP Equity-Income Portfolio<sup>SM(4)</sup> – Service Class 2**<br>*Adviser*: Fidelity Management & Research Company | 0.71% | 18.75% | 12.23% | 11.32% |
| Money Market | **Fidelity<sup>®</sup> VIP Government Money Market Portfolio<sup>(4)(5)</sup> – Service Class 2**<br>*Adviser*: Fidelity Management & Research Company<br> *Subadvisers*: FMR Investment Management (UK) Limited, Fidelity Management & Research (Hong Kong) Limited, Fidelity Management & Research (Japan) Limited | 0.50% | 3.86% | 2.90% | 1.83% |
| Mid Cap Blend Equity | **Fidelity<sup>®</sup> VIP Mid Cap Portfolio<sup>(4)</sup> – Service Class 2**<br> **** <br> *Adviser*: Fidelity Management & Research Company | 0.80% | 11.49% | 9.83% | 10.31% |
| Allocation | **Franklin Income VIP Fund – Class 4**<br>*Adviser*: Franklin Advisers, Inc. | 0.82% | 12.43% | 7.54% | 7.19% |
| Large Cap Blend Equity | **Goldman Sachs U.S. Equity Insights Fund – Service Shares**<br>*Adviser*: Goldman Sachs Asset Management L.P. | 0.77%<sup>(1)</sup> | 15.49% | 13.57% | 13.49% |
| Large Cap Value Equity | **Invesco V.I. Comstock Fund – Series II**<br>*Adviser*: Invesco Advisers, Inc. | 1.00% | 17.14% | 15.14% | 11.66% |
| Allocation | **Janus Henderson VIT Balanced Portfolio – Service Shares**<br>*Adviser*: Janus Henderson Investors US LLC | 0.87% | 14.82% | 8.21% | 9.86% |
| Global Equity | **Janus Henderson VIT Global Research Portfolio – Service Shares**<br>*Adviser*: Janus Henderson Investors US LLC | 1.07% | 20.60% | 12.23% | 12.64% |
| Foreign Large Cap Blend Equity | **Janus Henderson VIT Overseas Portfolio – Service Shares**<br>*Adviser*: Janus Henderson Investors US LLC | 0.96% | 28.58% | 9.17% | 8.97% |
| Large Cap Growth Equity | **Janus Henderson VIT Research Portfolio – Service Shares**<br>*Adviser*: Janus Henderson Investors US LLC | 1.07% | 18.10% | 13.83% | 15.59% |
| Mid Cap Growth Equity | **MFS<sup>®</sup> Mid Cap Growth Series – Service Class**<br>*Adviser*: Massachusetts Financial Services Company | 1.06%<sup>(1)</sup> | 3.40% | 3.03% | 11.32% |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Type** | **Underlying Fund**<br> and<br> **Adviser/Subadviser** | **Current Expenses** | **Average Annual Total Returns**<br> **(as of 12/31/2025)** | **Average Annual Total Returns**<br> **(as of 12/31/2025)** | **Average Annual Total Returns**<br> **(as of 12/31/2025)** |
| **Type** | **Underlying Fund**<br> and<br> **Adviser/Subadviser** | **Current Expenses** | **1 year** | **5 year** | **10 year** |
| Allocation | **Nomura VIP Asset Strategy Series – Service Class**<br>*Adviser*: Delaware Management Company<br> *Subadvisers*: Macquarie Investment Management Austria Kapitalanlage AG | 0.77%<sup>(1)</sup> | 16.66% | 7.07% | 7.84% |
| Fixed Income | **PIMCO Income Portfolio – Advisor Share Class**<br>*Adviser*: Pacific Investment Management Company LLC | 1.02% | 10.08% | 3.31% | N/A |
| Inflation Protected Bond | **PIMCO Real Return Portfolio – Advisor Share Class**<br>*Adviser*: Pacific Investment Management Company LLC | 1.49% | 7.74% | 1.11% | 3.11% |

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<sup>(1)</sup> Annual expenses reflect temporary fee reductions.

<sup>(2)</sup> The S&P 500<sup>®</sup> Index is a product of S&P Dow Jones Indices LLC or its affiliates ("SPDJI"), and has been licensed for use by Constellation Investments, Inc. ("CINV") Standard & Poor's<sup>®</sup> and S&P<sup>®</sup> are registered trademarks of Standard & Poor's Financial Services LLC ("S&P"); Dow Jones<sup>®</sup> is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones"); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by CINV. The S&P 500<sup>®</sup> Index Portfolio of AuguStar<sup>®</sup> Variable Insurance Products Fund, Inc. is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates, and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the S&P 500<sup>®</sup> Index.

<sup>(3)</sup> The Nasdaq-100<sup>®</sup>, Nasdaq-100 Index<sup>®</sup>, and Nasdaq<sup>®</sup> are registered trademarks of The NASDAQ OMX Group, Inc. (which with its affiliates is referred to as "NASDAQ OMX") and have been licensed for use by AuguStar<sup>®</sup>. The portfolio and Our products have not been passed on by NASDAQ OMX as to their legality or suitability. NASDAQ OMX does not sponsor, endorse, sell or promote the portfolio or Our products. NASDAQ OMX MAKES NO WARRANTIES AND BEARS NO LIABILITY WITH RESPECT TO THE PORTFOLIO OR OUR PRODUCTS.

<sup>(4)</sup> Fidelity, the Fidelity Investments Logo, Contrafund and Equity Income, are registered service marks of FMR LLC and Used with permission.

<sup>(5)</sup> You could lose money by investing in the Fidelity VIP Government Money Market Portfolio. Although the fund seeks to preserve the value of Your investment at $1.00 per share, it cannot guarantee it will do so. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Fidelity Investments and its affiliates, and the fund's sponsor, have no legal obligation to provide financial support to the fund, and You should not expect that the sponsor will provide financial support to the fund at any time. The fund will not impose a fee upon the sale of Your shares, nor temporarily suspend Your ability to sell shares if the fund's weekly liquid assets fall below 30% of its total assets because of market conditions or other factors. The 7-day yield is net of all recurring Contract fees and charges, is prorated and more closely reflects the current earnings of the Fidelity VIP Government Money Market Portfolio than the total return.

<sup>(6)</sup> The S&P MidCap 400<sup>®</sup> Index is a product of S&P Dow Jones Indices LLC or its affiliates ("SPDJI"), and has been licensed for use by Constellation Investments, Inc. ("CINV") Standard & Poor's<sup>®</sup> and S&P<sup>®</sup>; are registered trademarks of Standard & Poor's Financial Services LLC ("S&P"); Dow Jones<sup>®</sup> is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones"); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by CINV. The S&P MidCap 400<sup>®</sup> Index Portfolio of AuguStar<sup>®</sup> Variable Insurance Products Fund, Inc. is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates, and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the S&P MidCap 400<sup>®</sup> Index.

***Fixed Accounts***

The following is a list of Fixed Accounts currently available. We may change the parameters of the Fixed Accounts listed below, offer new Fixed Accounts, and terminate existing Fixed Accounts. We will provide You with written notice before doing so. Please see ***Fixed Accounts*** in **"Important Information"** in the prospectus for additional information.

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| | | |
|:---|:---|:---|
| **Fixed Account** | **Term** | **Minimum Guaranteed Interest Rate** |
| Protected Fixed Account<sup>(1)</sup> | 12 Months | 0.15% |
| EDCA Fixed Account | 6 Months | 0.15% |
| EDCA Fixed Account | 12 Months | 0.15% |

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<sup>(1)</sup> Available only to Contracts with an Optional Benefit. Please refer to "**Appendix B – Optional Benefit Investment Requirements**".

**Appendix B – Optional Benefit Investment Requirements**

If You elect an Optional Benefit, You will be subject to Investment Requirements. You must comply with one of the two following options below. We reserve the right to change the Investment Requirements for prospectively issued Contracts.

**Option A – Asset Allocation Model Portfolio**

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| | |
|:---|:---|
| **Group 1**<br> Allocate 20% | **Group 2** <br> Allocate 80% |
| Protected Fixed Account | AVIP Balanced Model Portfolio - Class I Shares<br> AVIP Moderate Growth Model Portfolio - Class I Shares<br> AVIP Moderately Conservative Model Portfolio - Class I Shares |

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**Option B – Build Your Own Allocation**

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| |
|:---|
| **Group 1**<br> Allocate 20% |
| Protected Fixed Account AVIP Bond Portfolio - Class II Shares<br> AVIP Core Plus Bond Portfolio - Class II Shares<br> AVIP High Income Bond Portfolio - Class II Shares<br> Fidelity<sup>®</sup> VIP Government Money Market Portfolio - Service Class 2<br> PIMCO Income Portfolio - Advisor Share Class<br> PIMCO Real Return Portfolio - Advisor Share Class<br> American Funds<sup>®</sup> IS Global Growth Fund - Class 4<br> American Funds<sup>®</sup> IS Growth Fund - Class 4<br> American Funds<sup>®</sup> IS Growth-Income Fund - Class 4<br> AVIP AB Mid Cap Core Portfolio - Class II Shares<br> AVIP Balanced Model Portfolio - Class I Shares<br> AVIP BlackRock Advantage International Equity Portfolio - Class II Shares<br> AVIP BlackRock Advantage Large Cap Core Portfolio - Class II Shares<br> AVIP BlackRock Advantage Large Cap Growth Portfolio - Class II Shares<br> AVIP BlackRock Advantage Large Cap Value Portfolio - Class II Shares<br> AVIP BlackRock Balanced Allocation Portfolio - Class II Shares<br> AVIP Constellation Dynamic Risk Balanced Portfolio - Class II Shares<br> AVIP Constellation Managed Risk Balanced Portfolio - Class I Shares<br> AVIP Constellation Managed Risk Growth Portfolio - Class I Shares<br> AVIP Constellation Managed Risk Moderate Growth Portfolio - Class I Shares<br> AVIP Growth Model Portfolio - Class I Shares<br> AVIP Intech U.S. Low Volatility Portfolio - Class II Shares<br> AVIP Moderate Growth Model Portfolio - Class I Shares<br> AVIP Moderately Conservative Model Portfolio - Class I Shares<br> AVIP Nasdaq-100<sup>®</sup> Index Portfolio - Class II Shares<br> AVIP S&P 500<sup>®</sup> Index Portfolio - Class II Shares<br> AVIP S&P MidCap 400<sup>®</sup> Index Portfolio - Class II Shares<br> Fidelity<sup>®</sup> VIP Contrafund<sup>®</sup> Portfolio - Service Class 2<br> Fidelity<sup>®</sup> VIP Equity-Income Portfolio<sup>SM</sup> - Service Class 2<br> Fidelity<sup>®</sup> VIP Mid Cap Portfolio - Service Class 2<br> Franklin Income VIP Fund - Class 4<br> Goldman Sachs U.S. Equity Insights Fund - Service Shares<br> Invesco V.I. Comstock Fund - Series II<br> Janus Henderson VIT Balanced Portfolio - Service Shares<br> Janus Henderson VIT Global Research Portfolio - Service Shares<br> Janus Henderson VIT Overseas Portfolio - Service Shares<br> Janus Henderson VIT Research Portfolio - Service Shares<br> MFS<sup>®</sup> Mid Cap Growth Series - Service Class<br> Nomura VIP Asset Strategy Series - Service Class |

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Investment Requirements will limit how and in what investment options You can allocate Your money. We impose Investment Requirements to reduce the risk of investment losses that may require Us to use Our own assets to make guaranteed payments under an Optional Benefit.

You may use an EDCA Fixed Account to invest Your target allocation in accordance with the Investment Requirements. Amounts added to the Protected Fixed Account will not be included in the EDCA Program, if elected. If You use an EDCA Fixed Account, 80% of Your initial Purchase Payments must be allocated to the EDCA Fixed Account. You may then select Option A – Asset Allocation Model Portfolio, or Option B – Build Your Own Allocation to transfer amounts as part of the EDCA program. Please see ***Enhanced Dollar-Cost Averaging*** in **"Standard Benefits Included in the Contract"** in the prospectus for more details.

If You elect an Optional Benefit, You will be automatically enrolled in Rebalancing and authorize Us to automatically rebalance Your Contract Value in the Variable Portfolios on a periodic basis. You can modify Your Rebalancing instructions, as long as they are consistent with the Investment Requirements, by calling 888.925.6446. We will not rebalance amounts in the Protected Fixed Account or the EDCA Fixed Account under the Rebalancing program.

*This summary prospectus incorporates by reference the prospectus and Statement of Additional Information (SAI) for the Contract, both dated May 18, 2026, as may be amended or supplemented from time to time. The SAI may be obtained, free of charge, in the same manner as the prospectus.*

 

EDGAR Contract Identifier: C000267449

## Exhibit 99.27

**POWERS OF ATTORNEY**

KNOW ALL PERSONS BY THESE PRESENTS, that the person whose signature appears below hereby constitutes and appoints MANDA GHAFERI and MICHEL JOO, or each of them, as their true and lawful attorneys-in-fact and agents, with full power of substitution and resubstitution, for them and in their name, place and stead, in all capacities, to sign any and all amendments (including pre-and post-effective amendments) to the Registration Statements listed below, for which AUGUSTAR LIFE INSURANCE COMPANY serves as Depositor or is Registrant, and to file the same, with all exhibits thereto, and other documents in connection therewith, as fully to all intents as they might or could do in person, including specifically, but without limiting the generality of the foregoing, to (i) take any action to comply with any rules,regulations or requirements of the Securities and Exchange Commission under the federal securities laws; (ii) make application for and secure any exemptions from the federal securities laws; or (iii) register additional annuity contracts under the federal securities laws, if registration is deemed necessary. The undersigned hereby ratifies and confirms all that said attorneys-in-fact and agents, or any of them, or their substitutes,shall do or cause to be done by virtue thereof.

<u>Registrant</u>: AuguStar Variable Account A (811-1978)

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| | | | |
|:---|:---|:---|:---|
| <u>Product</u> | <u>1933 Act No</u> | <u>Product</u> | <u>1933 Act No</u> |
| ONcore Premier (sold before October 1, 2012) | 333-43515 | ONcore Ultra II | 333-156432 |
| ONcore Premier (sold on or after October 1, 2012) | 333-182250 | ONcore Value (sold before October 1, 2012) | 333-43513 |
| ONcore Premier II | 333-164070 | ONcore Value (sold on or after October 1, 2012) | 333-182248 |
| ONcore Flex | 333-43511 | ONcore Wealth Foundation 4 | 333-171785 |
| ONcore Flex II | 333-164069 | ONcore Wealth Foundation 7 | 333-171785 |
| ONcore Lite | 333-52006 | ONcore Wrap | 333-134982 |
| ONcore Lite II | 333-156430 | ONcore Xtra (sold before October 1, 2012) | 333-86603 |
| ONcore Lite III | 333-164075 | ONcore Xtra (sold on or after October 1, 2012) | 333-182249 |
| ONcore Select 4 | 333-212677 | ONcore Xtra II | 333-164073 |
| ONcore Select 7 | 333-212677 | StarStream Variable Annuity | 333-290558 |
| ONcore Ultra | 333-134288 |  |  |

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| | | |
|:---|:---|:---|
| **<u>Signature</u>** | **<u>Title</u>** | **<u>Date</u>** |
| /s/ Anurag Chandra | Director, Chairman and CEO | 4/20/2026 |
| Anurag Chandra |  |  |
| /s/ Philippe Charette | Director | 4/21/2026 |
| Philippe Charette |  |  |
| /s/ James Cheng  | Director | 4/23/2026 |
| James Cheng  |  |  |
| /s/ Patricia Guinn | Director | 4/21/2026 |
| Patricia Guinn |  |  |
| /s/ Wes Thompson | Director | 4/20/2026 |
| Wes Thompson |  |  |
| /s/ Steven C. Verney | Director | 4/20/2026 |
| Steven C. Verney |  |  |
| /s/ Lori Dashewich | SVP, Chief Financial Officer | 4/20/2026 |
| Lori Dashewich | (Principal Accounting Officer and Principal Financial Officer) |  |

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