Common use of DOLLAR COST AVERAGING Clause in Contracts

DOLLAR COST AVERAGING. By Request, the Owner may elect Dollar Cost Averaging in order to purchase units of the Sub-Accounts over a period of time. The Owner may Request to automatically Transfer a predetermined dollar amount, subject to the Company’s minimum of $100, at regular intervals from any Sub-Account in the Investment Segment to one or more of the remaining, then available, Sub-Accounts in either the Investment or Income Segment. The unit value will be determined on the dates of the Transfers. The Owner must specify the percentage to be Transferred into each designated Sub-Account. Transfers may be set up on any one of the following frequency periods: monthly, quarterly, semiannually, or annually. The Transfer will be initiated on the Transaction Date one frequency period following the date of the Request. The Company will provide a list of Sub-Accounts eligible for Dollar Cost Averaging which may be modified from time to time. The Owner may terminate Dollar Cost Averaging at any time by Request. Dollar Cost Averaging will terminate automatically upon the Annuity Commencement Date. Participation in Dollar Cost Averaging and the Rebalancer Option at the same time is not allowed. Participation in Dollar Cost Averaging does not assure a greater profit, or any profit, nor will it prevent or necessarily alleviate losses in a declining market. The Company reserves the right to modify, suspend, or terminate Dollar Cost Averaging at any time.

DOLLAR COST AVERAGING. By Request, the Owner may elect Dollar Cost Averaging in order to purchase units of the Sub-Accounts over a period of time. The Owner may Request request to automatically Transfer a predetermined dollar amount, subject to the Company’s minimum of $100, at regular intervals from any Sub-Account in the Investment Segment to one or more of the remaining, then available, Sub-Accounts in either the Investment or Income Segment. The unit value will be determined on the dates of the Transfers. The Owner must specify the percentage to be Transferred transferred into each designated Sub-Account. Transfers may be set up on any one of the following frequency periods: monthly, quarterly, semiannually, or annually. The Transfer will be initiated on the Transaction Date one frequency period following the date of the Request. The Company will provide a list of Sub-Accounts eligible for Dollar Cost Averaging which may be modified from time to time. The Owner may terminate Dollar Cost Averaging at any time by Request. Dollar Cost Averaging will terminate automatically upon the Annuity Commencement Date. Participation in Dollar Cost Averaging and the Rebalancer Option at the same time is not allowed. Participation in Dollar Cost Averaging does not assure a greater profit, or any profit, nor will it prevent or necessarily alleviate losses in a declining market. The Company reserves the right to modify, suspend, or terminate Dollar Cost Averaging at any time.

DOLLAR COST AVERAGING. By Request, the Owner may elect Dollar Cost Averaging in order to purchase units of the Sub-Accounts over a period of time. The Owner may Request request to automatically Transfer transfer a predetermined dollar amount, subject to the Company’s minimum of $100, at regular intervals from any Sub-Account in the Investment Segment to one or more of the remaining, then available, Sub-Accounts in either the Investment or Income Segment. The unit value will be determined on the dates of the Transfers. The Owner must specify the percentage to be Transferred transferred into each designated Sub-Account. Transfers may be set up on any one of the following frequency periods: monthly, quarterly, semiannually, or annually. The Transfer will be initiated on the Transaction Date one frequency period following the date of the Request. The Company will provide a list of Sub-Accounts eligible for Dollar Cost Averaging which may be modified from time to time. The Owner may terminate Dollar Cost Averaging at any time by Request. Dollar Cost Averaging will terminate automatically upon the Annuity Commencement Date. Participation in Dollar Cost Averaging and the Rebalancer Option at the same time is not allowed. Participation in Dollar Cost Averaging does not assure a greater profit, or any profit, nor will it prevent or necessarily alleviate losses in a declining market. The Company reserves the right to modify, suspend, or terminate Dollar Cost Averaging at any time.