Available as Special Money Market Dollar Cost Averaging option, which is part of the EQ/Money Market investment option. Not available with and investment simplifier. Only new contribution can be allocated under the program; minimum allocation - $2,000 ($250 - thereafter). Under Option A allowed part allocation of purchase payment; 100% required under Option B.
Product:
Accumulator Series 11A Series CP
Policy Type:
Variable Annuity
Scheduled Transfer Type:
Dollar Cost Average
DCA Type:
Enhanced Dollar Cost Average
Charges Included:
No
Exceptions:
No
Min Contract Value:
Min Contract Value (%):
Min Amount:
250
Min Amount (%):
Min Pur Payments:
2000
Min Pur Payments (%):
Charge Per Transfer ($):
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.