Common use of Allocation of Premium Payments Clause in Contracts

Allocation of Premium Payments. Premium payments may be applied to various Investment Options, which we make available. For each premium payment, You must indicate what percentage to allocate to various Investment Options. Each percent may be either zero or any whole number; however, the allocation among all accounts must total 100%. CHANGE OF ALLOCATION You may change the allocation of premium payments to various Investment Options by providing us notice containing the facts that we need. Premium payments received after the date on which we receive Your notice will be applied on the basis of the new allocation.

Appears in 4 contracts

Samples: Entire Contract (Separate Account Va N), Entire Contract (Separate Account VA QQ), Entire Contract (Separate Account VA QQ)

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Allocation of Premium Payments. Premium payments may be applied to various Investment Optionsinvestment options, which we make available. For each premium payment, You you must indicate what percentage to allocate to various Investment Optionsinvestment options. Each percent may be either zero or any whole number; however, the allocation among all accounts must total 100%. CHANGE OF ALLOCATION You may change the allocation of premium payments to various Investment Options investment options by providing us notice containing the facts that we need. Premium payments received after the date on which we receive Your your notice will be applied on the basis of the new allocation.

Appears in 3 contracts

Samples: Entire Contract (Separate Account Va Gny), Entire Contract (Separate Account Va Hny), Separate Account VA YNY

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Allocation of Premium Payments. Premium payments may be applied to various Investment Optionsinvestment options, which we make available. For each premium payment, You you must indicate what percentage to allocate to various Investment Optionsinvestment options. Each percent may be either zero or any whole number; however, the allocation among all accounts must total 100%. CHANGE OF ALLOCATION You may change the allocation of premium payments to various Investment Options by providing us notice containing the facts that we need. Premium payments received after the date on which we receive Your notice will be applied on the basis of the new allocation.

Appears in 1 contract

Samples: TFLIC Separate Account VNY

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