She allocates the proceeds among several different
subaccounts within the contract and purchases an enhanced living benefit rider that guarantees a hypothetical growth rate of 6 % per year.
To prevent abusive trading practices, Jackson restricts the frequency of transfers among Variable Investment Options, including trading out of and back into the same
subaccounts within a 15 day period.
To prevent abusive trading practices, Jackson restricts the frequency of transfers among variable investment options including trading out of and back into the same
subaccount within a 15 day period.
To prevent abusive trading practices, Jackson restricts the frequency of transfers among variable investment options, including trading out of and back into the same
subaccount within a 15 - day period.
Not exact matches
Instead, fixed universal life policies generally earn an interest rate in the cash value, while variable universal life policy returns depend on the performance of the funds offered
within each policy's
subaccounts, which are analogous to mutual funds, except that the insurance company owns the shares rather than the policy owner.
He invests the assets
within the contract in a portfolio of
subaccounts that perform poorly.