¹ Protector Benefit is available for one covered life and must be elected at contract issue. The Protected Death Benefit Base is set, equal to Purchase Payments at issue, and increases only with additional Purchase Payments. Excess Withdrawals or the Pre-lifetime Withdrawal reduce the Protected Death Benefit Base proportionally. If the Contract Value reaches $0, the Protected Death Benefit terminates; however, lifetime income continues if depletion was due to Protected Lifetime Withdrawals.

² Elect up to 25 Variable Portfolios and adjust allocations up to 25 trading days each contract year without a transfer fee. Please refer to the back page of the Investment Guide
for disclosures specific to the variable portfolio options.

Only one Optional Benefit may be elected per contract and may not be changed once elected. Optional Benefits are available for an additional fee.

If an Optional Benefit is elected, Owner and Annuitant must be the same person and any covered life must fall within the allowable age range of the benefit at election.

The current annual Optional Benefit fee is 1.50% + 0.50% for the Protector Benefit charged quarterly. After the 5th benefit year (Charge Freeze Period), the Optional Benefit fee may increase up to a maximum of 2.50%, with no more than a Maximum Annual Optional Benefit Fee Adjustment of 0.40% increase per Benefit Year. The Protector Optional Benefit has a Maximum Protected Death Benefit Fee of 1.00%, but will not increase by more than Maximum Annual Protected Death Benefit Fee Adjustment of 0.15% per Benefit Year. You may opt out of future fee increases; however, doing so will forfeit any future increases to your Protected Benefit Base, including Roll-ups, Step-ups, and Deferral Credits. Optional Benefits may be cancelled following the Benefit Cancellation Window after the 7th Benefit Date Yearly Anniversary. Following cancellation the Optional Benefit Fee will no longer be charged.

The initial Protected Benefit Base equals the initial purchase payment. Each year, it increases to the greater of the Roll-up Base or Step-up Base. Excess withdrawals and the Pre-lifetime Withdrawal reduce the Protected Benefit Base proportionately and additional purchase payments increase it by the same amount as the payment.

Deferral Credits are applied after the deferral credit period to the Maximum Protected Annual Withdrawal Rate set at the first Protected Lifetime Withdrawal. Credits apply only to the Protected Benefit Base tied to purchase payments made before the first benefit anniversary. All withdrawals — except the Pre-Lifetime Withdrawal — will stop Deferral Credits from applying.

Variable annuities are long-term investments designed for retirement, subject to market risk, and may lose value. Please read the product and fund prospectuses carefully before you invest or send money. Contact your financial professional or visit augustarfinancial.com to obtain current prospectuses. Investors should consider the investment objectives, strategies, risk factors and charges and expenses of the underlying variable portfolios carefully before investing. The fund prospectus contains this and other information about the underlying variable portfolios.

All contract and optional benefit guarantees are subject to the claims-paying ability of AuguStar Life Insurance Company. Guarantees do not apply to the investment performance or account value of the underlying variable portfolios.

Investments in variable annuities are subject to market risks, including the potential loss of principal. Unit values will fluctuate with the performance of underlying investments, and returns may vary by asset class, investment style, or prevailing economic conditions. Certain asset classes may exhibit greater volatility, and bond portfolios are exposed to interest rate, credit, inflation, and market risks. Tax considerations, including differences in treatment of capital gains and dividends, as well as applicable fees, may affect investment outcomes.

Early withdrawals may be subject to withdrawal charges. Withdrawals may be subject to ordinary income tax and, if taken prior to age 59½, an additional 10% federal tax may apply. Withdrawals may reduce the death benefit, full Withdrawal amount and Optional Benefit amounts.

Product availability, including features and benefits, varies by state. Issuer is not licensed to conduct business in New York.

StarStream variable annuity ICC25-VA-1, ICC25-VA-1U is distributed by AuguStar Distributors, Inc., Member FINRA.