Common use of ALLOCATIONS AND TRANSFERS Clause in Contracts

ALLOCATIONS AND TRANSFERS. The Policy Account Value for this Policy is based on the policy values in the Subaccounts, Guaranteed Account, and the Loan Account to which you have: allocated Net Premiums; transferred account values; and allocated monthly deductions. Each allocation percentage must be a whole number. ALLOCATION OF NET PREMIUMS. Net Premiums will be allocated to the Subaccounts and the Guaranteed Account on the date we receive such premium payment. The allocation will be based on the premium allocation percentages then in effect. The percentage chosen by you at the time of application will apply until you notify us in writing of a new allocation schedule for premium payments. ALLOCATION FOR MONTHLY DEDUCTIONS. Monthly Deductions will be allocated to the Subaccounts and Guaranteed Account based on the allocation percentages chosen by you at the time of application or as later changed by written request to us. If we cannot make a monthly deduction on the basis of the allocation schedule then in effect, we will make such deduction and future deductions based on the proportion that your Guaranteed Account Value and the value in your Subaccounts bear to the total unloaned Policy Account Value.

ALLOCATIONS AND TRANSFERS. The Policy Account Value for this Policy is based on the policy values in the SubaccountsSeparate Accounts, Guaranteed Account, and the Loan Account to which you have: allocated Net Premiums; transferred account values; and allocated monthly deductions. Each allocation percentage must be a whole number. ALLOCATION OF NET PREMIUMS. Net Premiums will be allocated to the Subaccounts Separate Accounts and the Guaranteed Account on the date we receive such premium payment. The allocation will be based on the premium allocation percentages then in effect. The percentage chosen by you at the time of application will apply until you notify us in writing of a new allocation schedule for premium payments. ALLOCATION FOR MONTHLY DEDUCTIONS. Monthly Deductions will be allocated to the Subaccounts Separate Accounts and Guaranteed Account based on the allocation percentages chosen by you at the time of application or as later changed by written request to us. If we cannot make a monthly deduction on the basis of the allocation schedule then in effect, we will make such deduction and future deductions based on the proportion that your Guaranteed Account Value and the value in your Subaccounts Separate Accounts bear to the total unloaned Policy Account Value.