Form D · Other Investment Fund
Axcelus Financial Life Insurance Co Separate Account VL 488
Philadelphia, PA · CIK 0002090601
Offering snapshot reported Dec 19, 2025 · SEC filing
- Reported sold
- $1.67M Indefinite offering
- Investors reported
- 1 Form D · investor count
- Minimum accepted
- $0 Reported outside-investor minimum
- First sale
- Dec 5, 2025 As reported in this filing
What changed?
Latest filing versus its linked predecessor, where available.
No comparable changes in the displayed metrics.
Filing history
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| Filed | Filing type | Reported sold | Change vs linked filing | Investors | Source |
|---|---|---|---|---|---|
| Dec 19, 2025 | Initial | $1,666,667 | No comparison | 1 | SEC filing |
Offering details
- Securities
- Pooled investment fund, Other
- Exemptions
- 06b, 3C, 3C.7
- Duration over one year
- Yes
- Business combination
- No
- Sales commissions
- $8.33K
- Finders' fees
- $0
- Form D file number
- 021-567552
variable life insurance contracts
Issuer pays a sales commission equal to a percentage of premium received by the Issuer. Axcelus Financial also will pay sales commissions from its corporate resources.
Sales compensation recipients
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| Recipient | CRD | Associated broker-dealer |
|---|---|---|
| The Leaders Group, Inc. | 37157 | Kenneth E. Foley · CRD 2840109 |
Source: Form D, filed Dec 19, 2025. Minimum accepted may differ from a standard advertised minimum.
Fund connections
No confirmed ADV fund connection is available for this issuer.
People & organizations
Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.
| Name | Reported role |
|---|---|
| Axcelus Financial Axcelus Financial Life Insurance Company | Promoter |
Issuer details
Industry: Pooled Investment Fund (See others in industry)
Address:
One Liberty Place 1650 Market St., 8 Th Floor
Philadelphia, PA, 19103
Philadelphia, PA, 19103