Not available in state WA and under Option B. Options - General Dollar Cost Averaging Program (GDCAP), Special money market Dollar Cost Averaging Program (minimum allocation - $2,000 ($250 - thereafter) and Fixed-Dollar option under Investment Simplifier. Only one of the three programs can be elected. For GDCAP contract value in EQ/Money Market Portfolio should be at least $5,000 and for Fixed-Dollar option - $5,000 in fixed account. Under Fixed-Dollar option transfers of fixed-dollar amount are made out of fixed account into specified sub-accounts monthly.
Product:
Accumulator Elite 9.0 Series
Policy Type:
Variable Annuity
Scheduled Transfer Type:
Dollar Cost Average
DCA Type:
Dollar Cost Average
Charges Included:
No
Exceptions:
No
Min Contract Value:
Min Contract Value (%):
Min Amount:
250
Min Amount (%):
Min Pur Payments:
5000
Min Pur Payments (%):
Charge Per Transfer ($):
Max Charge Per Transfer ($):
States Available:
States Exception:
Cancellation:
May be cancelled any time after election.
Termination:
Program will automatically terminate at earliest of - 1) specified transfers, or 2) respective contract value falling below specified transfer amount.