AuguStar Life Insurance Company
4.5
based on complex data
Annuity Educator Rating
Annuity review

OrionShield 7

The OrionShield 7 annuity is a fantastic product for those wanting peace of mind in their golden years. With its solid returns and safety guarantees, your future is in trustworthy hands.

OrionShield 7 makes planning for tomorrow less daunting. Everything is easy to understand, ensuring that you're in control of your wealth. It's truly a wise investment for a worry-free retirement!

OrionShield 7-brochure OrionShield 7-brochure

OrionShield 7

Your Email

Compare this annuity with 800+ others from 100+ companies

$

No agent will call you

About Product

Type
Fixed Index
Purpose
Accumulation
Term
7 Years
Surrender schedule
9%
8%
7%
6%
5%
4%
3%
Fee withdrawal:
10%
Market Value Adjustment
Yes
Return Of Premium
No
Minimum Contribution
$25,000
Maximum Contribution
$2,000,000
Max Age Qualified
85
Types Of Funds
Non-Qualified, 401k, Profit Sharing, IRA, Pension, IRA Rollover, IRA Transfer, TSA 403b, SEP IRA, IRA-Roth, SIMPLE IRA, 457 plan, and 1035 Exchange
Launch Date
09/18/2023
The OrionShield annuity is a single premium fixed indexed annuity product designed for clients who are: 
  • At or nearing retirement 
  • Looking for a growth opportunity for the assets that they can’t afford to lose 
  • Concerned about market losses and sudden swings 
Available in states: AL, AK, AZ, AR, CO, CT, DE, DC, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NC, ND, OH, OK, OR, PA, PR, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, and WY

Allocation Accounts

Name Type Rates
1-Year Fixed Account
Fixed
3.5% Fixed
1-Year S&P 500 PTP Higher Cap with 50% Participation Rate
Point to Point
Annual
50% Participation
8.75% Cap
1-Year S&P 500 PTP Cap with 100% Participation Rate
Point to Point
Annual
100% Participation
8.4% Cap
1-Year Russell 2000 PTP Monthly Average Participation Rate with Cap
Point to Point
Annual
Monthly average
100% Participation
7.5% Cap
3-Year Barclays Global Trailblazer PTP Participation Rate
Point to Point
Triennial
125% Participation
1-Year Barclays Global Trailblazer PTP Participation Rate
Point to Point
Annual
105% Participation
1-Year Fixed Account
Fixed
4.25% Fixed
1-Year S&P 500 PTP Higher Cap with 50% Participation Rate
Point to Point
Annual
50% Participation
11% Cap
1-Year S&P 500 PTP Cap with 100% Participation Rate
Point to Point
Annual
100% Participation
9.4% Cap
1-Year Russell 2000 PTP Monthly Average Participation Rate with Cap
Point to Point
Annual
Monthly average
100% Participation
8.75% Cap
3-Year Barclays Global Trailblazer PTP Participation Rate
Point to Point
Triennial
145% Participation
1-Year Barclays Global Trailblazer PTP Participation Rate
Point to Point
Annual
120% Participation
1-Year Nasdaq Night Owl PTP Participation Rate
Point to Point
Annual
55% Participation
1-Year S&P 500 Dynamic Intraday TCA PTP Participation Rate
Point to Point
Annual
55% Participation
1-Year Nasdaq Night Owl PTP Participation Rate
Point to Point
Annual
60% Participation
1-Year S&P 500 Dynamic Intraday TCA PTP Participation Rate
Point to Point
Annual
60% Participation

Surrender schedule

Year 1 2 3 4 5 6 7
Penalty 9% 8% 7% 6% 5% 4% 3%

Hypothetical Projection

Comparison against S&P 500 using current rates
indexed chart
See if this annuity ranks in your top 3 for Virginia
$
!

Riders

No Riders for OrionShield 7 annuity.

Waivers

Death

Surrender charges do not apply as a result of the death of the Annuitant.

Nursing Home

Unavailable in states: CA

If the Annuitant is confined to a Hospital or Nursing Facility for at least 30 consecutive days, partial withdrawals may be taken to help pay for expenses without incurring any surrender charges or MVA. Availability of the Nursing Home Waiver may vary by state and/or issue age.

Annuitization

Surrender charges do not apply under certain annuitization scenarios.

Premium Notes

Annual Contract Fee 
None.

Withdrawal Provisions

Free Withdrawal amount Beginning in the second contract year, 10% of the beginning Index Year Contract Value may be withdrawn without incurring any surrender charges or MVA. 

Company Founded: 1909
Excellent Rated Company
AuguStar Life Insurance Company
Company Ratings
5
  • A.M. Best A
  • Fitch A-
  • Moody's Baa1
  • Comdex 69
Assets: $10,767,903,466
Ohio

Similar Products

Indextra Series 7
Indextra Series 7
A+ 9.00%
Fixed Rate
3.80%
Term
7yrs
Power Select Advisory with Lifetime Income Plus Flex
Power Select Advisory with Lifetime Income Plus Flex
A 5.50%
Fixed Rate
2.75%
Term
N/A
LibertyMark Freedom 10 LT (Legacy Marketing Group)
LibertyMark Freedom 10 LT (Legacy Marketing Group)
A 13.65%
Fixed Rate
4.50%
Term
10yrs
James Alden Experienced Annuity Educator
25 years experience
3,712 career consultations
4 slots free for today
scheduling.
Your Name
Your Phone
Thank you for your trust! I have received your contact information. Please wait for a call within 30 minutes. 😌