10/11/2024 | Press release | Distributed by Public on 10/11/2024 10:15
Vari-Vest Series of VUL
Virtus VUL
GP VUL
Vari-Asset Builder
Vari-Vest Survivor
AuguStarSM Life Assurance Company
AuguStarSM Variable Account R
Supplement dated October 9, 2024
to the Prospectuses dated May 1, 2019 and
Update Notices dated April 30, 2024
The following supplements the prospectuses dated May 1, 2019, as may be previously supplemented, and the update notices dated April 30, 2024, as previously supplemented. Please read this supplement in conjunction with your prospectus and update notice and retain it for future reference.
For Vari-Vest II and Vari-Vest IV, effective market close on December 4, 2024, the Morgan Stanley VIF U.S. Real Estate Portfolio (the "Portfolio"), Class I shares will close to all investors.
For Vari-Vest V, effective market close on December 4, 2024, the Portfolio's Class I and Class II shares will close to all investors.
For Virtus VUL, GP VUL, Vari-Vest Asset Builder and Vari-Vest Survivor, effective market close on December 4, 2024, the Portfolio's Class II shares will close to all investors.
On or about December 6, 2024, the Portfolio will liquidate. Upon liquidation, your investment in the Portfolio will be transferred into the Fidelity® VIP Government Money Market Portfolio. Any future allocation, dollar cost averaging or rebalancing instructions on your contract that are impacted will be updated automatically.
You may change investment allocations at any time by contacting customer service at 800.366.6654. Fund and product documents may be found online at www.augustarfinancial.com/variableproducts.
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