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 the money market Sub-Account to one or more of the remaining, then available, Sub-Accounts. 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.
Appears in 12 contracts
Samples: Please (Variable Annuity-2 Series Account), Variable Annuity-2 Series Account, Variable Annuity-2 Series Account
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 $100GWL&A's minimum, at regular intervals from the money market any one designated Sub-Account to one or more of the remaining, then available, Sub-Accounts. 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 GWL&A 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 GWL&A reserves the right to modify, suspend, or terminate Dollar Cost Averaging at any time.
Appears in 1 contract
Samples: Variable Annuity 1 Series Account
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 CompanyGreat-West’s minimum of $100, at regular intervals from the money market Money Market Sub-Account to one or more of the remaining, then available, Sub-Accounts. 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 Great-West 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 Great-West reserves the right to modify, suspend, or terminate Dollar Cost Averaging at any time.
Appears in 1 contract
Samples: Variable Annuity-2 Series Account of Great-West Life & Annuity Ins. Co.
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 CompanyGreat-West’s minimum of $100minimum, at regular intervals from the money market Money Market Sub-Account to one or more of the remaining, then available, Sub-Accounts. 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 Great-West 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 Great-West reserves the right to modify, suspend, or terminate Dollar Cost Averaging at any time.
Appears in 1 contract
Samples: Varifund Variable Annuity Account
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 CompanyFGWL&A’s minimum of $100minimum, at regular intervals from the money market any one designated Sub-Account to one or more of the remaining, then available, Sub-Accounts. 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 FGWL&A will provide a list of Sub-Accounts eligible for Dollar Cost Averaging which may be modified from time to time. Amounts Transferred through Dollar Cost Averaging are not counted against the twelve free Transfers allowed in a calendar year. 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 FGWL&A reserves the right to modify, suspend, or terminate Dollar Cost Averaging at any time.
Appears in 1 contract
Samples: Entire Contract (Variable Annuity I Ser Acc of Fir GRT West Li & Annu Ins Co)
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 CompanyFGWL&A’s minimum of $100minimum, at regular intervals from the money market any one designated Sub-Account to one or more of the remaining, then available, Sub-Accounts. 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 FGWL&A 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 FGWL&A reserves the right to modify, suspend, or terminate Dollar Cost Averaging at any time.
Appears in 1 contract
Samples: Variable Annuity I Ser Acc of Fir GRT West Li & Annu Ins Co
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 CompanyFirst Great- West’s minimum of $100, at regular intervals from the money market Money Market Sub-Account to one or more of the remaining, then available, Sub-Accounts. 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 First Great-West 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 First Great-West reserves the right to modify, suspend, or terminate Dollar Cost Averaging at any time.
Appears in 1 contract
Samples: Variable Annuity-2 Series Account
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 CompanyFirst Great-West’s minimum of $100minimum, at regular intervals from the money market Money Market Sub-Account to one or more of the remaining, then available, Sub-Accounts. 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 First Great-West 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 First Great-West reserves the right to modify, suspend, or terminate Dollar Cost Averaging at any time.
Appears in 1 contract
Samples: Variable Annuity-2 Series Account