Available as Special Dollar Cost Averaging Program. Not available if GMIB converted to GWBL and with general dollar cost averaging program and investment simplifier. Only new contribution can be allocated under the program; minimum allocation - $2,000 ($250 - thereafter). Under Option A allowed part allocation of purchase payment; 100% required under Option B.
Product:
Accumulator Elite 9.0 Series
Policy Type:
Variable Annuity
Scheduled Transfer Type:
Dollar Cost Average
DCA Type:
Enhanced Dollar Cost Average
Charges Included:
No
Exceptions:
No
Min Contract Value:
Min Contract Value (%):
Min Amount:
250
Min Amount (%):
Min Pur Payments:
2000
Min Pur Payments (%):
Charge Per Transfer ($):
Max Charge Per Transfer ($):
States Available:
States Exception:
Cancellation:
May be cancelled any time after election.
Termination:
Program will automatically terminate on conversion of GMIB to GWBL.