Transfers out of Fixed Account to Sub-accounts are subject to 1) 25% of Fixed Account value in any contract year with a $300 minimum. The cross-reinvestment service automatically transfers the Contract Value in a designated Subaccount. Transfers among the variable Subaccounts, and between the variable and fixed accounts where permitted, are limited to 12 per Contract Year, unless additional transfers are authorized by the Company.
Product:
American Legacy Fusion
Policy Type:
Variable Annuity
Income Phase Applicable:
No
Current CHG Available:
No
Exceptions:
No
States Available:
States Exception:
Transfer Mode:
Written, Telephone, Internet, Fax
Before Payout Start Date
Unlimited Transfers:
No
Max Transfers Per Year:
12
Free Transfers Per Year:
Charge Per Transfer ($):
Max Charge Per Transfer ($):
From Fixed Account (MVA/EIA):
Yes
After Payout Start Date
Unlimited Transfers:
No
Max Transfers Per Year:
3
Free Transfers Per Year:
Charge Per Transfer ($):
From Fixed Account (MVA/EIA):
No
Options
DCA Included:
No
Rebalancing:
No
Asset Allocation:
No
Sweep Included:
No