Two options - General Dollar Cost Averaging Program and Fixed-Dollar option under Investment Simplifier. Only one of the two averaging programs can be elected and none with special dollar cost averaging program. For General Dollar Cost Averaging contract value in EQ/Money Market Portfolio should be or exceed $5,000 and for Fixed-Dollar option - $5,000 in fixed account. Under Fixed-Dollar option transfers of fixed-dollar amount are made out of fixed account into specified sub-accounts on a monthly.
Product:
Accumulator Core 9.0 Series
Policy Type:
Variable Annuity
Scheduled Transfer Type:
Dollar Cost Average
DCA Type:
Dollar Cost Average
Charges Included:
No
Exceptions:
No
Min Contract Value:
Min Contract Value (%):
Min Amount:
250
Min Amount (%):
Min Pur Payments:
5000
Min Pur Payments (%):
Charge Per Transfer ($):
Max Charge Per Transfer ($):
States Available:
States Exception:
Cancellation:
May be cancelled any time after election.
Termination:
May be terminated any time after election.