Our IWL universe is expanding

Prestige 20 Pay builds on the industry's first indexed whole life (IWL) insurance and makes it accessible to more clients by spreading their premium payments over two decades

NEW! Prestige 20 Pay

20 Pay IWL competes exceptionally well with other 20 Pay whole life policies, for both long-term accumulation of cash value and long-term death benefit.

IWL Marketing Guide

IWL Client Guide

IWL Owner's Guide

IWL Competitive Flyer

Additional resources for IWL 20 Pay

TRANSITION RULES

PRODUCT SPECS

Available on two incredible platforms

AuguStar Life’s IUL product is now available through iPipeline, the end-to-end platform thousands of firms rely upon to run their practice and process business quickly.

Prestige 20 Pay is now part of Ensight’s Intelligent Quote tool, a single-entry quoting platform that provides fully compliant, carrier-generated illustrations.

Fluidless underwriting accelerates lift-off

Leveraging in-house tools, we can deliver an underwriting process that’s simpler — and often faster — for you and your clients. Best of all, it provides the results you want with fewer paramedic exams and the same rate class distribution as our fully underwritten policies.

Issued without exam and attending physician statement

79 percent graph

79% Issued without Paramedic/APS

Rate Classes
Graph multi percent

47% Super preferred
22% Preferred
18% Standard or other
13% Select

Time of Issue

48 percent graph

48% Issued in 5 days or less

Financial strength backed by institutional partners

As part of the Constellation Insurance family of companies, we draw our financial strength from founding investors and equal partners, Caisse de dépôt et placement du Québec (CDPQ) and Ontario Teachers’ Pension Plan Board (Ontario Teachers’), two of the largest long-term institutional investors in North America.

Together, they manage a total of more than C$649 billion in net assets, including over C$139 billion in private capital investments. (As of December 31, 2022)

Cosmic ratings

We consistently earn high marks for financial security and claims paying ability from independent rating analysts.

A.M. Best

Financial strength: A

Outlook: Stable

Issuer credit: A+

Fitch

Financial strength: A-

Outlook: Stable

Issuer credit: BBB

Moody's

Financial strength: Baa1

Outlook: Stable

Issuer credit: Ba1

¹ A.M. Best Company: “A,” its third-highest ranking out of 16 categories. Fitch: “A-,“ its seventh-highest ranking on a 21-part scale. Moody’s: “Baa1,” its eight-highest ranking on a 21-part scale. All ratings information is according to reports published on: ambest.com/ratings, fitchratings.com, and moodys.com/insurance. Ratings are accurate as of 8-2023.

AuguStar^SM Life is a member of the Constellation Insurance family of companies, a leading insurance holding company providing protection, retirement income and (re)insurance solutions.

Products are issued by AuguStar^SM Life Assurance Corporation.

FOR FINANCIAL PROFESSIONAL ONLY

Life

Products

The S&P 500® Index is a product of S&P Dow Jones Indices LLC (“SPDJI”), and has been licensed for use by AuguStar^SM Life Assurance Corporation. 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 AuguStar^SM Life Assurance Corporation. AuguStar Life^SM Assurance Corporation‘s Virtus indexed universal life insurance 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® Index.

Indexed whole life insurance is issued by AuguStar^SM Life Assurance Corporation. Guarantees based on the claims-paying ability of the issuer. Product, product features and rider availability vary by state. Issuer not licensed to conduct business in NY.