Form D Raw Data - Electronic Filing Depository

EFDID: 167483EFD: Raw Data

Issuer: Axcelus Financial Life Insurance Co Separate Account VA 18 (0001242367) - D/A

Accession: 0001242367-24-000002 () (EDGAR Files) (Form D)

Edgar Posted: Jul. 23, 2024
EFD Posted: Jul. 23, 2024

- < edgarSubmission >

< schemaVersion > X0708 </ schemaVersion >

< submissionType > D/A </ submissionType >

< testOrLive > LIVE </ testOrLive >

- < primaryIssuer >

< cik > 0001242367 </ cik >

< entityName > Axcelus Financial Life Insurance Co Separate Account VA 18 </ entityName >

- < issuerAddress >

< street1 > ONE LIBERTY PLACE </ street1 >

< street2 > 1650 MARKET STREET, 8TH FLOOR </ street2 >

< city > PHILADELPHIA </ city >

< stateOrCountry > PA </ stateOrCountry >

< stateOrCountryDescription > PENNSYLVANIA </ stateOrCountryDescription >

< zipCode > 19103 </ zipCode >

</ issuerAddress >

< issuerPhoneNumber > 484-530-4800 </ issuerPhoneNumber >

< jurisdictionOfInc > PENNSYLVANIA </ jurisdictionOfInc >

- < edgarPreviousNameList >

< previousName > Lombard International Life Assurance Co Separate Account VA 18 </ previousName >

< previousName > AGL LIFE ASSURANCE CO SEPARATE ACCOUNT VA 18 </ previousName >

</ edgarPreviousNameList >

< entityType > Other </ entityType >

< entityTypeOtherDesc > insurance company separate account </ entityTypeOtherDesc >

- < yearOfInc >

< overFiveYears > true </ overFiveYears >

</ yearOfInc >

</ primaryIssuer >

- < relatedPersonsList >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > Axcelus Financial </ firstName >

< lastName > Axcelus Financial Life Insurance Company </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > One Liberty Place </ street1 >

< street2 > 1650 Market St., 8th Floor </ street2 >

< city > Philadelphia </ city >

< stateOrCountry > PA </ stateOrCountry >

< stateOrCountryDescription > PENNSYLVANIA </ stateOrCountryDescription >

< zipCode > 19103 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Promoter </ relationship >

</ relatedPersonRelationshipList >

< relationshipClarification > Issuer is an insurance company separate account formed under Pennsylvania insurance law. </ relationshipClarification >

</ relatedPersonInfo >

</ relatedPersonsList >

- < offeringData >

- < industryGroup >

< industryGroupType > Pooled Investment Fund </ industryGroupType >

- < investmentFundInfo >

< investmentFundType > Other Investment Fund </ investmentFundType >

< is40Act > false </ is40Act >

</ investmentFundInfo >

</ industryGroup >

- < issuerSize >

< aggregateNetAssetValueRange > Decline to Disclose </ aggregateNetAssetValueRange >

</ issuerSize >

- < federalExemptionsExclusions >

< item > 06b </ item >

< item > 3C </ item >

< item > 3C.1 </ item >

</ federalExemptionsExclusions >

- < typeOfFiling >

- < newOrAmendment >

< isAmendment > true </ isAmendment >

< previousAccessionNumber > 0001242367-20-000001 </ previousAccessionNumber >

</ newOrAmendment >

- < dateOfFirstSale >

< value > 2003-02-10 </ value >

</ dateOfFirstSale >

</ typeOfFiling >

- < durationOfOffering >

< moreThanOneYear > true </ moreThanOneYear >

</ durationOfOffering >

- < typesOfSecuritiesOffered >

< isPooledInvestmentFundType > true </ isPooledInvestmentFundType >

< isOtherType > true </ isOtherType >

< descriptionOfOtherType > variable annuity contracts </ descriptionOfOtherType >

</ typesOfSecuritiesOffered >

- < businessCombinationTransaction >

< isBusinessCombinationTransaction > false </ isBusinessCombinationTransaction >

< clarificationOfResponse />

</ businessCombinationTransaction >

< minimumInvestmentAccepted > 250000 </ minimumInvestmentAccepted >

- < salesCompensationList >

- < recipient >

< recipientName > Lion Street Financial, LLC </ recipientName >

< recipientCRDNumber > 165828 </ recipientCRDNumber >

< associatedBDName > Richard Baer </ associatedBDName >

< associatedBDCRDNumber > 848798 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 515 Congress Ave. </ street1 >

< street2 > Suite 2500 </ street2 >

< city > Austin </ city >

< stateOrCountry > TX </ stateOrCountry >

< stateOrCountryDescription > TEXAS </ stateOrCountryDescription >

< zipCode > 78701 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CA </ state >

< description > CALIFORNIA </ description >

< state > FL </ state >

< description > FLORIDA </ description >

< state > HI </ state >

< description > HAWAII </ description >

< state > OH </ state >

< description > OHIO </ description >

< state > WY </ state >

< description > WYOMING </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Kestra Investment Services, LLC </ recipientName >

< recipientCRDNumber > 42046 </ recipientCRDNumber >

< associatedBDName > Brent Bunger </ associatedBDName >

< associatedBDCRDNumber > 1488149 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 1250 Capital of Texas Highway </ street1 >

< street2 > Bldg. B, Ste. 125 </ street2 >

< city > Austin </ city >

< stateOrCountry > TX </ stateOrCountry >

< stateOrCountryDescription > TEXAS </ stateOrCountryDescription >

< zipCode > 78746 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CA </ state >

< description > CALIFORNIA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Axcelus Financial Distribution Company </ recipientName >

< recipientCRDNumber > 38383 </ recipientCRDNumber >

< associatedBDName > John Fischer </ associatedBDName >

< associatedBDCRDNumber > 1191103 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > One Liberty Place </ street1 >

< street2 > 1650 Market Street, 8th Floor </ street2 >

< city > Philadelphia </ city >

< stateOrCountry > PA </ stateOrCountry >

< stateOrCountryDescription > PENNSYLVANIA </ stateOrCountryDescription >

< zipCode > 19103 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CA </ state >

< description > CALIFORNIA </ description >

< state > WY </ state >

< description > WYOMING </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Lion Street Financial, LLC </ recipientName >

< recipientCRDNumber > 165828 </ recipientCRDNumber >

< associatedBDName > Marc G. Parkinson </ associatedBDName >

< associatedBDCRDNumber > 4490099 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 515 Congress Ave. </ street1 >

< street2 > Suite 2500 </ street2 >

< city > Austin </ city >

< stateOrCountry > TX </ stateOrCountry >

< stateOrCountryDescription > TEXAS </ stateOrCountryDescription >

< zipCode > 78701 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CA </ state >

< description > CALIFORNIA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Lion Street Financial, LLC </ recipientName >

< recipientCRDNumber > 165828 </ recipientCRDNumber >

< associatedBDName > Brent Bunger </ associatedBDName >

< associatedBDCRDNumber > 1488149 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 515 Congress Street </ street1 >

< street2 > Suite 2500 </ street2 >

< city > Austin </ city >

< stateOrCountry > TX </ stateOrCountry >

< stateOrCountryDescription > TEXAS </ stateOrCountryDescription >

< zipCode > 78701 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CA </ state >

< description > CALIFORNIA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Kestra Investment Services, LLC </ recipientName >

< recipientCRDNumber > 42046 </ recipientCRDNumber >

< associatedBDName > Richard Baer </ associatedBDName >

< associatedBDCRDNumber > 848798 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 5707 Southwest Parkway </ street1 >

< street2 > Building 2, Suite 400 </ street2 >

< city > Austin </ city >

< stateOrCountry > TX </ stateOrCountry >

< stateOrCountryDescription > TEXAS </ stateOrCountryDescription >

< zipCode > 78735 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CA </ state >

< description > CALIFORNIA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Lion Street Financial, LLC </ recipientName >

< recipientCRDNumber > 165828 </ recipientCRDNumber >

< associatedBDName > Sean Buxton </ associatedBDName >

< associatedBDCRDNumber > 4697339 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 515 Congress Street </ street1 >

< street2 > Suite 2500 </ street2 >

< city > Austin </ city >

< stateOrCountry > TX </ stateOrCountry >

< stateOrCountryDescription > TEXAS </ stateOrCountryDescription >

< zipCode > 78701 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CA </ state >

< description > CALIFORNIA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

</ salesCompensationList >

- < offeringSalesAmounts >

< totalOfferingAmount > Indefinite </ totalOfferingAmount >

< totalAmountSold > 65468796 </ totalAmountSold >

< totalRemaining > Indefinite </ totalRemaining >

< clarificationOfResponse />

</ offeringSalesAmounts >

- < investors >

< hasNonAccreditedInvestors > false </ hasNonAccreditedInvestors >

< totalNumberAlreadyInvested > 39 </ totalNumberAlreadyInvested >

</ investors >

- < salesCommissionsFindersFees >

- < salesCommissions >

< dollarAmount > 5444802 </ dollarAmount >

</ salesCommissions >

- < findersFees >

< dollarAmount > 0 </ dollarAmount >

</ findersFees >

< clarificationOfResponse > Issuer pays no sales commissions. Axcelus Financial pays sales commissions from corporate resources. Sales commissions calculated based on current value of investments. Current value of investments may vary from Total Amount Sold due to gains/losses. </ clarificationOfResponse >

</ salesCommissionsFindersFees >

- < useOfProceeds >

- < grossProceedsUsed >

< dollarAmount > 0 </ dollarAmount >

</ grossProceedsUsed >

< clarificationOfResponse />

</ useOfProceeds >

- < signatureBlock >

< authorizedRepresentative > false </ authorizedRepresentative >

- < signature >

< issuerName > Axcelus Financial Life Insurance Co Separate Account VA 18 </ issuerName >

< signatureName > /s/ Paul Ryan Henry </ signatureName >

< nameOfSigner > Paul Ryan Henry </ nameOfSigner >

< signatureTitle > SVP & Deputy General Counsel </ signatureTitle >

< signatureDate > 2024-07-22 </ signatureDate >

</ signature >

</ signatureBlock >

</ offeringData >

</ edgarSubmission >