Despite its attempts to diversify, Minnesota Life has undeniably built its business on the back of Indexed UL. Orion IUL is an evolution on the long-running Eclipse IUL product. The biggest difference between the two is that Orion introduces the Annual Policy Credit (APC) - a virtually undisclosed bonus structure that is, to put it mildly, quite complex and convoluted. It appears to have 5 distinct phases where its values are driven by different things happening in the policy, everything from the premium pattern to the crediting rate to the COI slope.