Annuities - Join AuguStar Financial - joinaugustar.com

Protection and potential

Annuities are built to help meet clients’ biggest retirement challenges
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OVERVIEW

About our annuity products

With a 0% floor on investment performance and index-based accumulation opportunities that offer higher return potential than CDs, treasuries and other fixed investment options, an AuguStar fixed indexed annuity might be the ideal product for the retirement assets clients can’t afford to lose, particularly in a low interest rate environment.

Got clients who are looking for a sure thing? Our multi-year guaranteed annuities guarantee growth in all markets, and offer some of the most competitive rates in the industry. 

We also offer the Secure single premium immediate annuity product which is built to provide the retirement income individuals need, when they need it. It provides income immediately, and offers the flexibility to choose whether income is provided for life or another timeframe, and whether one individual is covered or two.

PRODUCT INFORMATION

Fixed Indexed Annuity product details

  • Orbiter Growth
    • Built for clients focused on long-term asset accumulation
    • Offers an optional Premium Bonus rider for a head start of up to 10%
  • Orbiter Income
    • Built for clients focused on ensuring they have a guaranteed source of increasing annual income throughout retirement
    • Bundled with a single- or joint-life Equilibrium Plus guaranteed lifetime withdrawal benefit rider
    • 6.4% annual income at age 65 for individuals, or 5.9% guaranteed for two lives
    • 10% annual rider growth before income withdrawals start
  • Built-in Guaranteed Accumulation Protection benefit
    • Ensures annual growth of at least 1% simple interest at the end of the surrender period
    • Resets for a new period of guaranteed growth
  • Competitive allocation options
    • Five indexed crediting strategies and one fixed account
    • Annual Point-to-Point with S&P 500® (Higher Cap) crediting strategy
    • Uncapped 1- and 3-year Point-to-Point options using custom Barclays Global Trailblazer index to maximize growth and mitigate volatility

Multi-Year Guaranteed Annuity product details

  • Guaranteed interest rate
    LunarLock product guarantees growth regardless of market conditions
  • Multiple contract lengths
    3-, 5- and 7-year versions to meet a variety of client time horizons

Annuities are issued by AuguStarSM Life Insurance Company. Guarantees are based on the claims-paying ability of the issuer. Guarantees do not apply to the investment performance of any index.

Early withdrawals may be subject to surrender charges. Withdrawals may be subject to ordinary income tax and, if taken prior to age 59½, a 10% federal tax penalty may apply. Fixed annuities are not insured or guaranteed by the FDIC or any other government agency.

Annuities are long-term investment vehicles designed to accumulate money on a tax-deferred basis for retirement purposes. Upon retirement, annuities may provide an income stream or a lump sum. If you die during the accumulation or payout phase, your beneficiary may be eligible to receive any remaining Contract Value.

Products, product features, and rider availability vary by state. Issuer not licensed to conduct business in NY.

The S&P 500® Index is a product of S&P Dow Jones Indices LLC (“SPDJI”), and has been licensed for use by AuguStarSM Life Insurance Company. Standard & Poor’s®, S&P® and S&P 500® are registered trademarks of Standard & Poor’s Financial Services LLC (“S&P”); Dow Jones® 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  AuguStarSM Life Insurance Company.  AuguStarSM Life Insurance Company’s fixed indexed annuities are 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® Index.

Neither Barclays Bank PLC ('BB PLC') nor any of its affiliates (collectively 'Barclays') is the issuer or producer of the Orbiter annuities and Barclays has no responsibilities, obligations or duties to investors in the Orbiter annuities. The Barclays Global Trailblazer Index (the 'Index'), together with any Barclays indices that are components of the Index, is a trademark owned by Barclays and, together with any component indices and index data, is licensed for use by  AuguStarSM Life Insurance Company as the issuer or producer of the Orbiter  annuities (the ‘Issuer’).

Barclays’ only relationship with the Issuer in respect of the Index is the licensing of the Index, which is administered, compiled and published by BB PLC in its role as the index sponsor (the 'Index Sponsor') without regard to the Issuer or the Orbiter annuities or investors in the Orbiter annuities. Additionally, AuguStarSM Life Insurance Company as issuer or producer of the Orbiter annuities may for itself execute transaction(s) with Barclays in or relating to the Index in connection with the Orbiter annuities. Investors acquire the Orbiter annuities from AuguStarSM Life Insurance Company and investors neither acquire any interest in the Index nor enter into any relationship of any kind whatsoever with Barclays upon making an investment in the Orbiter annuities. The Orbiter annuities are not sponsored, endorsed, sold or promoted by Barclays and Barclays makes no representation regarding the advisability of the Orbiter annuities or use of the Index or any data included therein. Barclays shall not be liable in any way to the Issuer, investors or to other third parties in respect of the use or accuracy of the Index or any data included therein.

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